Trustees’ Annual Report for the period
From 1 January 2025 To 31 December 2025
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 had another successful year in achieving it’s key objectives and continues to play 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. To this end the Foundation purchased a number of higher quality instruments for £7,319, funded from the sale of lower quality instruments for £9,800. Currently 15 students (versus 12 in 2024) students have borrowed instruments from the Foundation. 2. Providing financial assistance in the form of grants to assist those students who would financially struggle to continue to pursue their musical education. During the year, grants were made to six (versus seven in 2024) deserving young students, 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
| Review of the charity’s financial position at the end of the period |
Para 1.21 | As at 31 December 2025, the Foundation held a cash balance of £3,460, down from £3,961 at the end of 2024. Receipts of £15,807 were exceeded by payments of £16,308, a net outflow of £501. Excluding instrument sales and purchases, operating receipts of £6,007 fell short of operating payments of £8,989, and the difference was met from the proceeds of selling lower quality instruments. This reflects a fall in one-off large donations, from £12,748 in 2024 to £3,201 in 2025, partly offset by royalties of £1,778. The value of grants awarded for musical education assistance was broadly maintained at £2,750 (2024: £2,900), made to six students (2024: seven). The Trustees aim to maintain or increase this level of grant making as more students become aware of the Foundation through concerts and through sponsored awards at established festivals such as the North London Festival of Music and Drama. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Specific reserves are not currently held 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 None held in this capacity Name and objects of the Not Applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not Applicable 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 |
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 12th August 2026
| THE SUSANNE BEER CELLO CORNER | THE SUSANNE BEER CELLO CORNER | FOUNDATION | 1195303 | |
|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | |||
| For the period from |
Period start date 01-Jan-25 |
To | Period end date 31-Dec-25 |
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 3 201 1 778 1 028 - - - 6 007 9 800 - 9 800 15 807 2 040 2 750 250 1 214 2 335 400 - - - 8 989 7 319 - 7 319 16 308 - 501 - 3 961 3 460 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 3 201 1 778 1 028 - - - - - 6 007 9 800 - 9 800 15 807 2 040 2 750 250 1 214 2 335 400 - - - 8 989 7 319 - 7 319 16 308 - 501 |
Last year to the nearest £ |
|
| Donations / Fund Raising | 3 201 | 12 748 | ||||
| Royalties | 1 778 | 1 652 | ||||
| Miscellaneous income | 1 028 | 1 232 | ||||
| Cello Deposits | - | 500 | ||||
| - | ||||||
| - | ||||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
6 007 | 16 132 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| Instrument sales | 9 800 | 17 197 | ||||
| - | - | |||||
| Sub total | 9 800 | 17 197 | ||||
| Total receipts A3 Payments |
||||||
| 33 329 | ||||||
| Instrument Repairs | 2 040 | 1 331 | ||||
| Grants / Educational Assistance | 2 750 | 2 900 | ||||
| Concert Prizes | 250 | 250 | ||||
| Instrument Insurance | 1 214 | 717 | ||||
| Miscellaneous costs | 2 335 | 1 540 | ||||
| Cello Festival Student Sponsorship | 400 | 830 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 8 989 | 7 568 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| Instrument Purchases | 7 319 | 29 710 | ||||
| - | ||||||
| **Sub total ** | 7 319 | 29 710 | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 37 278 | ||||||
| - 501 | - 3 949 | |||||
| - | - | |||||
| 3 961 | 7 910 | |||||
| 3 460 | 3 961 | |||||
| Section B Statement of assets and | liabilities at | the end of the period | ||||
| Categories B1 Cash funds CCXX R1 accounts (SS) |
Details | 1 | Unrestricted funds to nearest £ 3 460 - |
Restricted funds to nearest £ - - |
Endowment funds to nearest £ |
|
| Main Bank Account | 3 460 | - | - | |||
| 1 | - | - | - |
| - | - | - | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Total cash funds | 3 | 460 | - | - | |||||
| (agree balances with receipts and payments | |||||||||
| account(s)) | OK | OK | OK | ||||||
| Unrestricted | Restricted | Endowment | |||||||
| funds | funds | funds | |||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B3 Investment assets | |||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B4 Assets retained for the | Various Musical Instruments Per Insurance | 136 000 | |||||||
| charity’s own use | ~~Schedule~~ | - | - | ||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Fund to which | Amount due | When due | |||||||
| Details | liability relates | (optional) | (optional) | ||||||
| B5 Liabilities | Instrument Deposits | 750 | |||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | Date of approval |
||||||
| Glen Thomas | 12-Aug-26 | ||||||||
CCXX R2 accounts (SS)
2