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2024-03-31-accounts

Terpsichoring CIO – Annual Report of the Trustees for the period ending 31[st] March 2024

Objectives and activities

The objects of Terpsichoring CIO are:

During this first year of operation, the main activities undertaken to further the charity’s purposes for the public benefit focused on developing internal structures and processes that will provide, we trust, a robust foundation for future activities.

The trustees confirm that in all activities to date, they have had regard to the Charity Commission’s guidance on public benefit.

Achievements and performance

The charity’s achievements in this foundation year were modest but essential. It has developed and adopted key policies and procedures, and set up its banking arrangements. Preparations are in hand to apply for several small grant funds, and to explore registering as an Arts Award centre, so that in 2024 – 25 Terpsichoring CIO can begin delivering public performances and workshops.

Financial review

The charity’s financial position at the end of the reporting period was infinitely better than it was at the start of the reporting period, with a healthy balance of £10 on 31[st] March 2024 (balance at start of period = nil).

Trustees have determined that Terpsichoring CIO will consider adoption of an appropriate policy regarding the holding of reserves during the coming year (2024 – 25). They have decided that holding reserves is unnecessary at this stage given the limited income of the charity.

Trustees have no reason to believe that there is any uncertainty at the present time about the charity’s ability to continue as a going concern.

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Structure, governance and management

Terpsichoring CIO is a Charitable Incorporated Organisation, governed by its Constitution which is registered with the Charity Commission for England and Wales.

The charity recruits and appoints new charity trustees in line with the provision outlined for this in its Constitution, namely:

Reference and administrative details

The name of the charity is Terpsichoring CIO.

Registered charity number 1201714.

The principal office of the charity is:

19 Woolnough Avenue YORK YO10 3RF

The charity had four trustees, all of whom remained in post throughout the reporting period:

David Andrews

Melody Clarke Dylan George Katherine Veysey

Terpsichoring CIO does not hold title to any property.

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