2022-03-31-accounts

Reference and Administrative	Reference and Administrative	Details
Chatnnan's Report
Trustees' Report			3to 8
Independent Auditor's	Report		9to 12
Statement ofFinancial	Activities		13
Balance Sheet			14
Statement ofCash Flows
Notes to the Financial	Statements		16to 30

			TaxAid UK
			Reference and Administrative	Details
Chairman			Stephen Banyard
Trustees			Francesca Lagerherg
			Kevin Nicholson
			Jonathan Peacock QC
			Paul Morton
			Emma Clarke
			Nicholas Edwards
			Victoria Heard
Chief Executive Officer			Valerie Boggs
Charity Registration		Number	1062852
Company	Registration	Number	03374001
Registered	Office		30Monck Sheet
			London
			SW IP 2AP
Auditor			Thompson Jenner LLP
			Statutory Auditors
			1 Colleton Crescent
			Exeter
			Devon
			EX24DG
Bankers			CAF Bank Limited
			Kings Hill
			West Mailing
			Kent
			ME194TA

						Total
				Unrestricted	Restricted	2022
2022			Note
Income and Endowments		from:
Donations and legacies				204,224		204,224
Charitable acdvities				285,087	450,816	735,903
Total Income				489,311	450,816	940,127
Expenditure on:
Charitable activities				(430,184)	(451,893)	(882,077)
Total Expenditure				(430,184)	(451,893)	(882,077)
Net income/(expenditure)				59,127	(1,077)	58,050
Net movement in funds				59,127	(1,077)	58,050
Reconciliation offunds
Total funds brought	forward			221,591	2,686	224,277
Total funds carried	forward		17	280,718	1,609	282,327
						Total
				Unrestricted	Restricted	2021
2021			Note
Income and Endowments		from:
Donations and legacies				242,838	22,224	265,062
Charitable activities				292,670	409,738	702,408
Total Income				535,508	431,962	967,470
Expenditure on:
Charitable activities				(491,888)	(438,116)	(930,004)
Total Expenditure				(491,888)	(438,116)	(930,004)
Net income/(expenditure)				43,620	(6,154)	37,466
Net movement in funds				43,620	(6,154)	37,466
Reconciliation offunds
Total funds brought	forward			177,971	8,840	186,811
Total funds carried	forward		17	221,591	2,686	224,277

					2022	2021
				Note	f,	g
Fixed assets
Tangible assets					1,757	2,419
					1,757	2,419
Current assets
Debtors				12	139,956	172,767
Cash at bank	and in hand			13	242,535	154,448
					382,491	327,215
Creditors: Amounts		falling due within	one year	14	(101,9211	(105,357)
Net current	assets				280,570	221,858
Net assets					282,327	224,277
Funds ofthe	charity:
Restricted					1,609	2,686
Unrestricted	income	funds
Unrestricted					280,718	221,591
Total funds				17	282,327	224,277

Stateme	nt	ofCash Flows for the	Year Ended 3	1March 2022
				2022	2021
			Note		g
Cash flows from operating activities
Net cash income				58,050	37,466
Adjustments to cash flows from non-cash items
Depreciation				1,784	2,776
				59,834	40,242
Working capital adjustments
Decrease/(increase) in debtors			12	32,811	(83,703)
Decrease in creditors			14	(3,436)	(43,473)
Net cash flows from operating		activities		89,209	(86,934)
Cash flows from investing	activities
Purchase oftangible fixed	assets			(1,122)	(515)
Net increase/(decrease) in	cash and cash equivalents			88,087	(87,449)
Cash and cash equivalents	at	1 April		154,448	241,897
Cash and cash equivalents	at	31 March		242,535	154,448

involved with e	ach activity.
Advice services		79%
Tax education		5%
Cost ofraising	funds	10%
Governance costs		6%

3 Incom	e from donations a	nd legacies
			Unrestricted
			funds	Restricted	Total
			General	funds	funds
				8
Donations	and legacies;
Donations from professional		firms and supporters	114,000		114,000
Other donations			90,224		90,224
Total for	2022		204,224		204,224
Total for	2021		242,838	22,224	265,062

mmary ofdo	nations fro	m professional firms an	d supporters
				2022	2021
				e
Deloitte				30,000	30,000
E&Y				20,000	20,000
KPMG				20,000	20,000
PWC				20,000	20,000
Fujitsu				20,000	20,000
Tax Advisers	Charitable	Trust (The Worshipful	Company ofTax Advisers)	4,000	4,000
				114,000	114,000

ople, whereby amounts	received	are split equall	y between the two charities.
				2022	2021
					f.
BDO LLP					12,647
Deloitte				13,146	11,831
Freshiields				9,986	9,920
Kathleen Beryl Sleigh Charitable		Trust		5,000	20,000
London Legal Support				4,176
Slaughter and May					4,950
Tax Advisers Charitable	Trust (The Worshipful		Company ofTax Advisers)	4,000	4,000
Virtual CPD Events				25,210

				Unrestricted
				funds
					Restricted	Total	Total
				General	funds	2022	2021
						f.
Advice services
HM Revenue &Customs Donations ofgifts, services and			facilities	285,087	409,600	409,600 285,087	336,818 290,670
City Bridge The National	Lottery Community		Fund				7,250 35,670
Shanty Foundanon							2,000
Manchester	University				1,216	1,216
				285,087	410,816	695,903	672,408
Tax education
Chartered Institute ofTaxatton Association ofTaxation Technicians					30,000	30,000	20,000
(ATT)					10,000	10,000	10,000
					40,000	40,000	30,000
Income from	charitable	activities	2022	285,087	450,816	735,903	702,408
Income from	charitable	activittes	2021	292,670	409,738	702,408

	0	0		D D co Vt	D t '0 D Ct	QO D QQ 10	V1 t CQ at rn	'CI I D	01 D	Vl		O1 Ch
	cl		cat				ca o	Ca at	Ch cl	Ca Ch o					l	0
																CQ
															OQ
															QO	Oc
																	Cl
	00		oc	cz QO QO I		V1 QO I I	QO	01 CI	I D	l IO			D ca				M0 I0
	Ca
	C/I
	al 0	c WO	oc	D ca	'	Vt l v1	l t ca	CQ v1	D				D 10	V1 D			0
														Ica
																	OI
																	OO
																	Vc
		0 al		VI D	'	VI O1	OO Vl Ch	Co D	ct			QO OO	D VI D	VI 'C1 QQ	CI		'«I0
												I
															ca
	'Cl																O
																	Q
																	IJ
																	0
	CI 0	V 00		Ca. l	QQ D	QQ											0
					VI
					QQ
																	al
																	at
	IO O V	0 cB		0 0 CI	'	QC QQ	V|Cr CI				0	CI Cr D	QO D			j H
		cd															Ca
		I															cd
ca ~I																	CI
																	0
ac Cd							0 CI 0	O W									40
I								0			0						QO
Cl 0 IO CC				0 CO	.6	00 S 0 ad M	cz' Q 0 O	CV O al Q IQ M	0 ca 00 0 o	0o ~0	00ct 0 at0		M 0 o 0 co	M0 0 P, ct 0 G	D 3 CO x Vt 0 F	D 3 CQ S al 0	Ch D QO

Net incoming re	sources for the year include:
		2022	2021
Operating leases Audit fees Depreciation of	—other assets fixed assets	(30,000) (6,000) (1,784)	(30,000) (6,120) (2,776)

The aggregate payr	oll costs were as follows:
		2022	2021
Staff costs during	the year were:
Wages and salaries		421,528	479,552
Social security costs		39,285	35,974
Pension costs		15,967	14,454
Other staff costs		6,718	380
		483,498	530,360

the year expressed as full time equivalents was as	py follows:	y	carty d	ring
	2022		2021
	No		No
Raising funds		0.6		0.9
Advice services		4.5		6.0
Tax education		0		0/4
Support		4.9		3.3
Governance		0.3		0.4
		10.3		11.0

11 Tangible fixed assets
	Furniture	and	Computer
	equipment		equipment	Total
Cost
At 1 April 2021		648	22,301	22,949
Additions			1,122	1,122
At 31March 2022		648	23,423	24,071
Depreciation
At 1 April 2021		405	20,125	20,530
Charge for the year		108	1,676	1,784
At 31March 2022		513	21,801	22,314
Net book value
At 31March 2022		135	1,622	1,757
At 31March 2021		243	2,176	2,419

12 Debtors
				2022	2021
				f.
Trade debtors				70,621	70,000
Prepayments Other debtors	and accrued income			53,782 15,553	35,095 67,672
				139,956	172,767
13 Cash and	cash equivalents
				2022	2021
Cash on hand				333	333
Cash at bank				242,202	154,115
				242,535	154,448
14 Creditors:	amounts	falling due within	one year
				2022	2021
Trade creditors				35,531	11,325
Other taxation	and social secunty			17,803	9,961
Other creditors				21,347	34,468
Accruals and	deferred income			27,240	49,603
				101,921	105,357
				2022	2021
Deferred income at 1 April 2021				15,250	36,250
Resources deferred in the period					7,500
Amounts released trom previous periods					(28,500i
Deferred income at year		end		15,250	15,250

17 Funds
			Balance at I		Incoming	Resources	Balance at 31
			April	2021	resources	expended	March 2022
Unrestricted funds
General
General			220,249		488,189	(429,477)	278,961
Designated
Capital depreciation				1,342	1,122	(707)	1,757
Total unrestricted		funds	221,591		489,311	(430,184)	280,718
Restricted funds
Governance				1,071			1,071
Advice services				1,615	410,816	(411,893)	538
Tax education					40,000	(40,000)
Total restricted	funds			2,686	450,816	(451,893)	1,609
Total funds			224,277		940,127	(882,077)	282,327
			Balance atI		Incoming	Resources	Balance at31
			April	2020	resources	expended	March 2021
Unrestricted funds
General
General			176,522		534,993	(491,266)	220,249
Designated
Capital depreciation				1,449	515	(622)	1,342
Total unrestricted		funds	177,971		535,508	(491,888)	221,591
Restricted
Governance				1,071			1,071
Advice services				7,769	401,962	(408,116)	1,615
Tax education					30,000	(30,000)
Total restricted	funds			8,840	431,962	(438,116)	2,686
Total funds			186,811		967,470	(930,004)	224,277

18 Analysis ofnet assets between	funds
				Total funds at
	Unrestricted	funds	Restricted	31March
	General	Designated	funds	2022
	g			g
Tangible fixed assets		1,757		1,757
Net Current assets	278,961		1,609	280,570
Total net assets	278,961	1,757	1,609	282,327
				Total funds at
	Unrestricted	funds	Restricted	31March
	General	Designated	funds	2021
		f.
Tangible fixed assets		1,342	1,077	2,419
Net Current assets	220,249		1,609	221,858
Total net assets	220,249	1,342	2,686	224,277
19 Analysis ofnet funds
		At 1Aprfl	Financing cash	At 31March
		2021	flows	2022
Cash at bank and in hand		154,448	88,087	242,535
Net debt		154,448	88,087	242,535
		At 1Apriil	Financing cash	At 31March
		2020	flows	2021
			f,
Cash at bank and in hand		241,897	(87,449)	154,448
Net debt		241,897	i87,449)	154,448