Trustees’ Annual Report for the period
From 1 September 2021 To 31 August 2022
Charity name: The Piano Teachers’ Course UK Trust Charity registration number: 1186328
Objectives and Activities
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SORP reference
Summary of the Para 1.17 Advancing the education and
purposes of the charity support of piano teachers to
as set out in its improve the quality of piano
governing document teaching.
Summary of the main Para 1.17 and This was a hard year. The
1.19
activities in relation to previous year’s epidemic
those purposes for the continues.
public benefit, in This has meant we have not been
particular, the activities, able to fundraise as much as we
projects or services would have wished. It has also
identified in the meant that we have had to
accounts. support the Piano Teachers
Course to continue to adapt to a
new way of working. We had
asked them at the end of the last
financial year to outline what new
equipment they would need.
We were impressed with how
resourceful and adaptive they
were. We paid them £2000 to
help with their costs and the
result was another successful
year of the course.
It is clear that although most
prefer face to face tuition virtual
instruction is going to remain a
key aspect of the course –
enabling those who would not
otherwise be able to attend to
benefit.
We continued to fundraise and
despite the difficulties were able
to bring in £567.
We are aware that we will receive
a welcome injection of cash from
a bequest. This will enable us to
explore the best way of validating
and certifying the course – which
will in turn both improve the
course and make it more
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attractive to a wider range of
people.
Statement confirming Para 1.18 We confirm that the trustees
whether the trustees deliberations were made with due
have had regard to the regard to the guidance issued by
guidance issued by the the Charity Commission.
Charity Commission on
public benefit
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference
We continue to have a
Para 1.38 constructive dialogue with the
Policy on grant making Course team to ensure they get
the support they need from us
but that money is not wasted.
WE are grateful for their hard
work.
not applicable this year
Para 1.38
Policy on social
investment including
program related
investment
We are grateful to the work of
Para 1.38 the tutors and the students both
Contribution made by in enabling the course to
volunteers continue but also to do some
fundraising.
Other
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Achievements and Performance
SORP reference
| Summary of the main achievements of the charity, identifying the diference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | Our primary achievement in this fnancial year has been to continue to reassure the course tutors and students that we are committed to ensuring the course continues, and that any necessary equipment that might be needed will be provided. |
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With our help the Piano Teachers
Course has continued to adapt
Achievements against Para 1.41 and develop: ensuring that it not
objectives set only continues but also that they
are able to explore new ways of
teaching the material.
Better than we feared in the light
of the epidemic
Performance of
fundraising activities Para 1.41
against objectives set
Not applicable
Investment performance Para 1.41
against objectives
Not applicable
Other
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Financial Review
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Review of the charity’s Para 1.21 Although we have less cash
financial position at the (£1,919) at the end of the year
end of the period than we had last year we are
confident that we are in a
reasonable position.
We will need to explore ways of
fundraising now that the
epidemic has receded.
Statement explaining Para 1.22 Our current balance of £3,352 is
the policy for holding larger than we expected. We will
reserves stating why always want to have a reserve to
they are held cover contingencies but currently
do not expect it to be much above
£1000.
Amount of reserves held Para 1.22 £1,919
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially Para 1.24 n/a
in deficit
Explanation of any Para 1.23 n/a
uncertainties about the
charity continuing as a
going concern
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The generosity of the Worshipful
Company of Grocers for giving us
The charity’s principal a grant of £3000, last year, to
sources of funds Para 1.47 enable us to start our work,
(including any meant we were able to weather
fundraising) the difficult times of the past
year.
We know we will receive another
generous bequest in the next
financial year but recognise we
will need to work hard to develop
a consistent strand of fundraising
to ensure we can do our work
effectively.
Not applicable
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
We need to develop our
fundraising capacity. We have
A description of the Para 1.46 been lucky and benefited from
principal risks facing the the generosity of some funders
charity but recognise the need to
develop a steadier income.
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 CIO Foundation Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Trust
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 appointed by founders
methods including
details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name The Piano Teachers’ Course UK Trust
Other name the charity PTC Trust
uses
Registered charity 1186328
number
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Charity’s principal Flat 2,
address 35 Bush Lane,
London EC4R 0AW
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 L S Ellis Chair
2 N Gray
3 HK Ignatius-Fleet
4 R Magub
5 D J Moss
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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
whole year
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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 21 June 2023
PTC UK TRUST – Accounts for year ended 31 August 2022 (in Charity Commission format)
RECEIPTS & PAYMENTS ACCOUNT – for year 1Sept21 to 31Aug22/(1Sept20to 31 Aug21)
2021/2022 2020/2021 Receipts £ £ Donation from Grocers’ Society - 3,000 Income from Trustee Fund-Raising Concerts 543 1,180 Sundry Income 24 7 _ 567 4,187 Less: Payments Advertising Grant to PTC UK Course -- (1,000) Hybrid Delivery Grant to PTC UK Course (2,000) ----------- _____ Net (Payments)/Receipts for Year £ (1,433) £ 3,187 ===== ======== STATEMENT OF ASSETS and LIABILITIES £ Opening Cash Balance at 1 Sept 2021/(2020) 3,352 165 Net (Payments)/Receipts for Year (1,433) 3,187 ------- ---------Closing Cash Balance at 31 Aug 2022/(2021) £1,919 £ 3,352 ====== =======