OpenCharities

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2025-08-31-accounts

SectionB Statement ofassets and liabilitiesat theendoftheperiod theendoftheperiod theendoftheperiod
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B3 Investment assets
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Signedbyoneortwotrusteeson
behalf of allthetrustees
Print Name Dateof
a roval
WaneMcArdle
MararetMacKinnon

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Calliope Arts Foundation On accounts for the year 31[st] August 2025 Charity no 1202663 ended (if any) Set out on pages

Pages 1-2

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 08 / 2025 .

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Date: 21/05/26

Name: Simon Goodridge (Knox Cropper LLP)

Relevant professional FCA qualification(s) or body (if any):

Address: 65 Leadenhall Street London EC3A 2AD

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

1

October 2018

IER

Give here brief details of None any items that the examiner wishes to disclose .

2

October 2018

IER

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1 September 2024 To 31 August 2025 Charity name: Calllope Arts Foundatlon Charlty reglstratlon number:1202663 Objectives and Activities SORP referenE Summary of the purposes of the charity as set out in its goveming document Pgrn 1.17 The purpose of the charity is to advanc8 the education of Ihe public on the subject of women's achievements In art. literature, science and soc￿1 history Summary of the main actNities in relation to those purposes for the publi benefft, in parti￿lar, th8 actNities, projects or seN1￿$ identified in the ac￿unts. Statement confirming whelher the Irustees have had regard to the guidance issued by the Charity Commission on public benefit PArn 1.17 8TrJ During the financial year, Ihe charty has made grants to a number of non-profrt organisations in ltsty and the UK which have been used in furtherance of the purposes of the charty. A more complete description of the main ivities is included in schedu￿ 1. The trustees of the charity have had regard to the guidance issued by the Charty Commission on public benefft. Para 1.18 Addltlonal Inforniatlon (optlonal) You ma choose to include further statements where r6levant about". SORP r8ferenGe None". Grant making decisions are made by the trustees on a case by case basis. having due regard for the resources available to the charfty and the charlty's mission, objects and purpos8. PJr• 1.38 Policy on grant making None. Para 1.30 Policy on social investffEnt including program related investment Other than the trustees there are no volunteers. Para 1.38 Contribution made volunteers

Other Achievements and Perfomianco SORP r&l8r8TK4 A sumrnry of the achievements of the charity can be found at Schedule 1. Summary oflhe main achievements of the ch8rty, identifying the difference the chaiity's work has made to the circumstances of its beneficiaries and any WKler beneffts to $￿iety as a whole. Par• 1.20 Addltlonal infomiatlon (optlonal) You ma choose to include further statements where relevanl a￿￿ul.. Achlevements against objectlves set P8r• 1.41 Perfornance of fvndraislng activitles against obJectlve8 set Para 1.41 Investme￿ perfomance against objectives Pw¥ 1.41 Other

Financial Review Review of the Gharty's financial ￿SItion at the end of the period Par& 1.21 The charities actNtties are funded almost enlirely by donations made from the McArdl&MacKinnon family, either directty or through a donor advised fund advised by The charlty had receipts of £187,743 and expenditures of £172,436 during the financial year. At the end of the financial year, the cFArfty had a cash position of £40,324. ststement expi8ining the poliw for holding reserves stating why they are hekl Para 1.22 While the charity d￿5 not have a policy on reserves, the trustees have endeavoured this year to have reseNes of at least six nw)nlhs of operations. Amount of ￿SelveS held Para 122 £40,324, which is sufficient for at least six months of operation ofthe charty. Reasons for holding zero reserves Detail$ of fund materialty in deficit Explanation of any uncertainties about the charity continuing as a golng ncem 1.22 NIA P4A 1.24 ￿A P•M 1.23 The trustees consider the charity is 8 going concern given the current reserves and the expressed willingness of Ihe MG4rdle- Ma¢Kinnon famity to conlinue to make fursd5 available to the charity to ensure ft is able to meet all of its debts as the fall due. Addlllonal Informatlon {optional) You ma choose to include further statements where relevant about.. The charities actNrties are funded almost entirèly by donations made from Ihe McArdle-MacKinnon famity, elther dire¢tty or through a donor advised fvnd advised by them. The chaiity's principal sources of funds {including any fundraising) P•ra 1.47 None. Excess funds are held in the harity's current account at CAF Bank Ltd. Investment policy and objeclNes including any sockql investment policy adopted Para 1.46 Th& principal risk$ facing the charity are.. A des¢riptlon ofthe principal rlsks facing the charity P•rn 1.46 1. Fundlng: The Charty 18 almost 8nlirely dep8ndent on funding from the McArdl&-MacKlnnon famity. The address this risk, Ihe charity has recelved a letler of comfort from the McArdl8-Macklnnon famity that confirms that it intends to ensure that. durin the next financial ear,

the family will ensure that the charity receives su￿lent funds to allow the chartty to meet all its debts as they fall due. 2. Operations: The charity relie8 heavily on the serv¢¢es of a nsuttant in Italy, Linda Falcone. to help deliver its mission and purpose. The charity has a contr Ith this consutsnt that ensures the provlsion of her Se￿￿8 until 1 January 2028. The current working relationship b8lween the charity and the c¢)nsultant is excellent. NIA Other

structure, Governance and Management The charity is a charitable incorporated anisation. Constituti)n. Descriplton of charivs trusts". Type of goveming dcKument trust deed. ro al charterl Hu4V is the charity constrf(uted? {e.g uninc0ry￿rated association. CIO) Trustee seleclK)n methots including details of any constiiutKnal provisions e.g. election to posl or name of any person or bcty entttled to appoint one or nKe trustees P￿1.25 P¥a125 The charity a chwitable incorp)tated 125 There are two trustees who are appointed for a tem of three yews. Trustees are required lo have the skills, knowledge and experience necessary for the effective administration of the charity. Addltional Infomatlon loptlonal) Youm choose lo inGlude further statements vthere relevant ab(￿￿ None Pol￿10$ and procedures adopted for the induction and training of trustees Prn 1.51 The charitys organisatthal structure and any wider nelwork with which the charity V40rks P¥a151 Relatlonship with any TeFated parties Pwa 1.s1 Refornnce and Administrative details Callio Foundation nla 1202663 40 Denning Road London NW13 1SU Olher name the cha Re istered chari number Charivs princApal address

Namès of the charlty trustse$ who mamge tho charlty D•t•• act•0 W not for who •ar N•m• ol pgrnon lor l￿dy) •nOU•d olnt tru•to0 Il*n Tru8t•e nam• Offl¢• Ilf any) Margaret MacKinnon Wayne McArdle President Secretary 10 11 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re rector name ort was apgroved Name of trustees holding title to property belonging to the charty Date¥ acted W not for whole ear Tru•ts• nam•

Funds held as custodian trustses on behalf of others Description of the assets None held in this capacty Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian chaiity's objects Delalls of arrangements for safe custody and segregation of such assets from the charity's own assets Addltlonal Infonnatlon (optlonal) Names and addresses of advi80rn {Optional information) Type of Name Address advisor Name of chlef exe¢uUve or names of senlor stsff members Ioptlonal Inforniatlon) Exemptions from disclosure Reason for non4isclosure of k ersonnel details Other o tional information

Declarations The trustees declare that they have approved the tTUStoes' r•port above. 81gned on behalf of the charlty's trustees Slgnaturo($) Wayne McArdle Secretsry ret MacKinnon Full name(8) Posltion (eg Secretary, Chair. otc} President L/. of. 20>6

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