
## **Trustees’ Annual Report for the period** 

**From 1 September 2020 To 31 August 2021 Charity name: The Piano Teachers’ Course UK Trust Charity registration number: 1186328** 

## **Objectives and Activities** 


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SORP reference<br>Summary of the  Para 1.17 Advancing the education and<br>purposes of the charity  support of piano teachers to<br>as set out in its  improve the quality of piano<br>governing document teaching.<br>Summary of the main  Para 1.17 and  We had the good fortune, this<br>1.19<br>activities in relation to  year, to receive a donation of<br>those purposes for the  £3000 from the Worshipful<br>public benefit, in  Company of Grocers.  We further<br>particular, the activities,  raised £1180 through a<br>projects or services  fundraising concert.<br>identified in the  Our plans were, of course,<br>accounts. disrupted by the epidemic and<br>lockdown.  Within this financial<br>year we restricted our<br>expenditure to a grant to the PT<br>Course of £1000 to help them<br>cover advertising costs.<br>We asked them to review how<br>they would adapt their teaching<br>to fit in with having to teach by<br>distance, and to set out what new<br>equipment would be needed to<br>achieve this: at the end of this<br>financial year, we are still<br>awaiting this report.<br>Statement confirming  Para 1.18 We confirm that the trustees<br>whether the trustees  deliberations were made with due<br>have had regard to the  regard to the guidance issued by<br>guidance issued by the  the Charity Commission.<br>Charity Commission on<br>public benefit<br>**----- End of picture text -----**<br>


## **Additional information (optional)** 

You may choose to include further statements where relevant about: 

SORP reference **It is fair to say in the light of the** Para 1.38 **epidemic and lockdown we, with** Policy on grant making **the tutors of the PT Course agreed to wait until a way forwards could be identified, and** 




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what equipment might be<br>needed.  Grants will be made in<br>the next financial year.<br>not applicable this year<br>Para 1.38<br>Policy on social<br>investment including<br>program related<br>investment<br>We are grateful to the work of<br>Para 1.38 the tutors and the students both<br>Contribution made by  in enabling the course to<br>volunteers continue but also to do some<br>fundraising.<br>Other<br>**----- End of picture text -----**<br>


## **Achievements and Performance** 


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SORP reference<br>Our primary achievement in this<br>financial year has been to<br>reassure the course tutors and<br>Summary of the main  students that we are committed<br>Para 1.20<br>achievements of the  to ensuring the course continues,<br>charity, identifying the  and that any necessary<br>difference the charity’s  equipment that might be needed<br>work has made to the  will be provided.<br>circumstances of its<br>beneficiaries and any<br>wider benefits to society<br>as a whole.<br>**----- End of picture text -----**<br>


## **Additional information (optional)** 

You may choose to include further statements where relevant about: 


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In the next financial year<br>(September 2021 to August 2022)<br>Achievements against  Para 1.41 our achievements in supporting<br>objectives set the course will be more evident,<br>and so will our plans for<br>developing the course.<br>Performance of<br>fundraising activities  Para 1.41<br>against objectives set<br>**----- End of picture text -----**<br>





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Investment performance  Para 1.41<br>against objectives<br>Other<br>**----- End of picture text -----**<br>




## **Financial Review** 


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Review of the charity’s  Para 1.21 We are in a relatively healthy<br>financial position at the  position of having a balance of<br>end of the period £3,352.<br>Clearly, we will need to do more<br>work on fundraising since the<br>main reason for not having given<br>out more money has been partly<br>that we have only just begun to<br>function, and, of course, the<br>epidemic.<br>We expect much of the funds to<br>be used to enable the PT Course<br>to have the equipment it needs to<br>run the course at a distance.<br>Even once the world is back to<br>functioning in a “normal” way, we<br>expect that teaching at a<br>distance will remain an option for<br>some.<br>The next financial year will<br>require us to do more planning<br>but as yet it is unclear as to when<br>we will be able to start this.<br>Statement explaining  Para 1.22 Our current balance of £3,352 is<br>the policy for holding  larger than we expected.  We will<br>reserves stating why  always want to have a reserve to<br>they are held cover contingencies but currently<br>do not expect it to be much above<br>£1000.<br>Amount of reserves held Para 1.22 £3,352<br>Reasons for holding zero  Para 1.22 n/a<br>reserves<br>Details of fund materially Para 1.24 n/a<br>in deficit<br>Explanation of any  Para 1.23 n/a<br>uncertainties about the<br>charity continuing as a<br>going concern<br>**----- End of picture text -----**<br>


## **Additional information (optional)** 

You may choose to include further statements where relevant about: 


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We are very grateful for the<br>generosity of the Worshipful<br>The charity’s principal  Company of Grocers for giving us<br>sources of funds  Para 1.47 a grant of £3000 to enable us to<br>(including any  start our work.<br>fundraising)<br>Investment policy and<br>objectives including any  Para 1.46<br>social investment policy<br>adopted<br>**----- End of picture text -----**<br>




Para 1.46 A description of the principal risks facing the charity Other 



## **Structure, Governance and Management** 


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Description of charity’s<br>trusts:<br>Type of governing  Para 1.25 CIO Foundation Constitution<br>document<br>(trust deed, royal<br>charter)<br>How is the charity  Para 1.25 Trust<br>constituted?<br>(e.g unincorporated<br>association, CIO)<br>Trustee selection  Para 1.25 appointed by founders<br>methods including<br>details of any<br>constitutional provisions<br>e.g. election to post or<br>name of any person or<br>body entitled to appoint<br>one or more trustees<br>**----- End of picture text -----**<br>


## **Additional information (optional)** 

You may choose to include further statements where relevant about: 


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Policies and procedures<br>adopted for the induction Para 1.51<br>and training of trustees<br>The charity’s<br>organisational structure  Para 1.51<br>and any wider network<br>with which the charity<br>works<br>Relationship with any  Para 1.51<br>related parties<br>Other<br>**----- End of picture text -----**<br>


## **Reference and Administrative details** 


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Charity name The Piano Teachers’ Course UK Trust<br>Other name the charity  PTC Trust<br>uses<br>Registered charity  1186328<br>number<br>**----- End of picture text -----**<br>





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Charity’s principal  Flat 2,<br>address 35 Bush Lane,<br>London EC4R 0AW<br>**----- End of picture text -----**<br>




## **Names of the charity trustees who manage the charity** 


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Name of person (or body)<br>Dates acted if not for<br>Trustee name Office (if any) entitled to appoint trustee<br>whole year<br>(if any)<br>1 L S Ellis Chair<br>2 N Gray<br>3 HK Ignatius-Fleet<br>4 R Magub<br>5 D J Moss<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20<br>**----- End of picture text -----**<br>


Corporate trustees – names of the directors at the date the report was approved **Director name** 

Name of trustees holding title to property belonging to the charity 


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Trustee name Dates acted if not for<br>whole year<br>**----- End of picture text -----**<br>




**Funds held as custodian trustees on behalf of others** 

Description of the assets held in this capacity 

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets 

## **Additional information (optional)** 

## **Names and addresses of advisers (Optional information)** 

**Type of Name Address adviser Finance** D P Baldwin 14 Benny’s Way, Coton, Cambridge CB23 7PS 

**Name of chief executive or names of senior staff members (Optional information)** 

Administration – Lucinda Sells 

## **Exemptions from disclosure** 

Reason for non-disclosure of key personnel details 

## **Other optional information** 



## **Declarations** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

**Signature(s)** 

**Full name(s)** Ms Louise Stephanie Ellis 

**Position (eg** Chair **Secretary, Chair, etc)** 

**Date** 



## PTC UK TRUST – Accounts for year ended 31 August 2021 (in Charity Commission format) 

RECEIPTS & PAYMENTS ACCOUNT – for year 1Sept20 to 31Aug21 Receipts                                                                        £ Donation from Grocers’ Society                           3,000 Income from Trustees Fund-Raising Concert    1,180 Sundry Income                                                              7 --------4,187 Less: Payments Advertising Grant to PTC UK Course                (1,000) --------Net Receipts for Year                                        £ 3,187 ===== STATEMENT OF ASSETS and LIABILITIES               £ Opening Cash Balance at 1 Sept 2020                  165 Net Receipts for Year                                           3,187 ------Closing Cash Balance at 31 Aug 2021             £ 3,352 ====== 

