## **Trustees’ Annual Report for the period** ## **From 26 July 2023 Period start date To 31 December 2022 Period end date** ## **Charity name: The Susanne Beer Cello Corner Foundation** ## **Charity registration number: 1195303** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The charitable purpose of the Foundation is:
For the public benefit, the advancement of the
art of music and the study of the cello for young
musicians under the age of 26 years by such
means as the trustees determine from time to
time.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Including but not limited to:
1. The loan of cellos to individuals
2. Awarding such persons grants to further their
musical education
3. The provision of workshops, masterclasses
and public performances| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees confirm that they have had regard
to the guidance issued by the Charity
Commission on public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The Foundation has played an important role in
the local and wider community in:
1. Loaning instruments to young students who
would find it financially difficult to access
such instruments;
2. Providing financial assistance in the form of
grants to assist those students who would
financially struggle to continue to pursue
their musical education; and
3. Allowing students to participate in musical
concerts in support of professional
musicians to grow their confidence and
musical knowledge.| **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|As at 31 December 2022, the Foundation had a
positive cash balance of £7,548 driven mainly
by donations and after having invested £4,500
in additional instrument purchases to be able to
loan more instruments to financially
disadvantaged students. The Foundation is now
starting to award grants for musical education
assistance. We expect to award more grants
going forward as more students become aware
of the Foundation through various concerts held
and sponsoring awards at well respected
musical festivals (North London Music Festival)
for young students.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are not currently held as outgoings
are never expected to exceed income. This
balance is carefully monitored by the Trustees
and this approach will be reviewed periodically.| |Amount of reserves held|Para 1.22|Not applicable.| |Reasons for holding zero
reserves|Para 1.22|See above.| |Details of fund materially in
deficit|Para 1.24|The Foundation fund is not in deficit and has a
positive cash balance at the end of the period
with immaterial liabilities.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|There are no concerns about the charity
continuing as a going concern.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed,royal charter)|Para 1.25|Charitable Incorporated Organisation (CIO) –
Foundation Model Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The Foundation has been established as a
Charitable Incorporated Organisation (CIO).| |Trustee selection 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|Para 1.25|The Trustees are appointed by the CIO.
Trustees are selected on the basis of what
contribution they can make in the
achievement of the CIO’s objectives.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|The Susanne Beer Cello Corner Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1195303| |Charity’s principal address|179 Offord Road
London
N1 1LR| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Glen Thomas|Trustee - Treasurer|From 26 July2021|| ||Heather Tuach|Trustee -
Chairperson|From 26 July 2021|| ||Jan Cowell|Trustee - Secretary|From 31 December 2022|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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 **Trustee name Dates acted if not for whole year** ## **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)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **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)** Glen Thomas **Position (eg Secretary,** Treasurer - Trustee **Chair, etc) Date** 25 September 2022 **THE SUSANNE BEER CELLO CORNER FOUNDATION 1195303 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from 26-Jul-21 31-Dec-22** |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**8,939**
**2,242**
**1,801**
**1,675**
**-**
**-**
**14,657**
**1,100**
**-**
**1,100**
**15,757**
**2,010**
**400**
**459**
**486**
**354**
**-**
**-**
**-**
**3,709**
**4,500**
**-**
**4,500**
**8,209**
**7,548**
**-**
**-**
**7,548**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**8,939**
**2,242**
**1,801**
**1,675**
**-**
**-**
**-**
**-**
**14,657**
**1,100**
**-**
**1,100**
**15,757**
**2,010**
**400**
**459**
**486**
**354**
**-**
**-**
**-**
**-**
**3,709**
**4,500**
**-**
**4,500**
**8,209**

**7,548**||**Last year**
**to the nearest £**| |LPO Hosted Virgin MoneyGiving page|**8,939**|||||**-**| |Concert Fundraising|**2,242**|||||**-**| |Royalties(Legacy)|**1,801**|||||**-**| |Donations|**1,675**|||||**-**| |||||||**-**| |||||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**14,657**|||||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| |**Instrument sales**|**1,100**|||||| ||**-**|||||**-**| |**_Sub total_**|**1,100**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**-**| |||||||| |Instrument Repairs|**2,010**|||||**-**| |Grants / Educational Assistance|**400**|||||**-**| |Concert Prizes|**459**|||||**-**| |Instrument Insurance|**486**|||||**-**| |Miscellaneous purchases, e.g. cello cases|**354**|||||**-**| |||||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**3,709**|||||**-**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| |**Instrument Purchases**|**4,500**|||||| ||**-**|||||| |**_Sub total_ **|**4,500**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**-**| |||||||| ||**7,548**|**-**|**-**|
**7,548**||**-**| ||**-**|**-**|**-**|**-**||**-**| ||**-**|**-**|**-**|**-**||**-**| ||**7,548**|**-**|**-**|**7,548**||**-**| CCXX R1 accounts (SS) 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Instrument Deposits
**Details**
**Details**
Instrument Purchases
Main Bank Account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**7,650**
**-**
**-**
**-**
**-**
**-**
**7,650**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**4,500**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**250**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**4,500**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||| ||||| CCXX R2 accounts (SS) 2