Tassibee Project (Company limited by guarantee, with no shared capital) Financial Statements forthe year ended 31 st March 2025 Charity number: 1091559 Tassibee Project Contents ol the financlal statements For the year ended 31 st March 2025 Page Administr8tive Details Trustees Report Reserve Policy Independent Report Statement of Financial Activities Balance Sheet 10-11 Notes to the accounts 12-17
Tassibee Project Administrative Details For the Year Ending 31 st March 2025 Registered Charity number 1091559 Registered Company number 4146484 Directors (Trustees) S Rafique K Begum Shabana Amjid Uzma Rani M Asghar Company Secretary K Luqman Registered Office 36 Godstone Road Rotherham South Yorkshire S60 2PU Bankers Virgin Money 1 Frederick Street Rotherham S601QP Accounting Practice 5J Accountants Ltd. Unit 37. Camperdown Street. City Quay. Dundee. DD1 3JA
TASSIBEE PROJECT TRUSTEE'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Tassibee ran th8 following projects: Advocacy & Befriending Service- Drop-in sessions at the centre. Direct Payments RMBC-providing support to vulnerable clients. Luncheon club, outreach, 8nd capacity building. English and Numeracy class- building confidence to use digital plattorms and how to manage your finances using a smart phone. Promoting healthy living-exercise and walking sessions Confidence building courses. Achlevements and performance Partnership with YAWR Service to provide Multiply numeracy classes to BAME women and their children. Continuation of the luncheon club supported by Tassibee volunteers. Developed the Volunteer pool and increased the capacity to offer work experience - Tassibee now has a bank of over 25 trained regular volunteers. Continued development for Staff and VoLunteers- Dementia, Safeguarding, Health & Safety, Equalities and Diversity, First Aid, Manual Handling, Food Hygiene & Training. Successful working partnership with Touchstone. Advocacy Support. Harworth Group Company provided resources, and their staff volunteered to revitalise the old Sensory Garden. Became a hate crime reporting centre-working with South Yorkshire Communities Together on the Minority Ethnic Women's Voices Project following Rotherham Race Riots. Conducted consultation and worked with RMBC Safer Rotherham Partnerships. Ramadan Course - spiritual and health benefits of healthy fasting through our Eat Well and Live Well initiative which was a was a huge success with mixed age group of women attending. Annual Seaside trip- providing an opportunity to visit and experience the seaside for BAME women and their children. Eid Milan Event-to celebrate Eid and ourvolunteers, achievements. Successfully recruited a Centre Manager. Obtained the second instalment of core funding from Garfield Weston Fund. 10. 13. 21Page
Future Plans Tassibee's future plans are to focus on its core areas of expertise and secure funding to continue current activities and deveLop new activities to meet the need of our service users. Continue to establish links with mainstream mental health services to support individuals and women of all ages. Mental health promotion ofvulnerable groups, lone parents, carers, women with learning disabilities disabled women and youngwomen. Promote Healthy Lifestyles through the 'Cook and Eat, initiative. Volunteer led Garden Project provides a safe place for users to come together and create 8 herb garden. Launch of the Well-Being Café- promoting healthy living and mental health well- being. Developing newTassibee Website. Café- Launched new initiative to welcome clients to health eating. Continue to provide support to vulnerable clients through Direct Payments and RMBC. Secure funding for the staff and the organisation development. Recruit an Administrator to work alongside the Centre Manager to ensure the objectives of the Tassibee are met. 10. Developing the capaclty Tasslbee Continue to develop systems for monitoring and evaluating allwork. Continue to adapt the business model for individual budget- direct payments, where necessary. Improve marketing and Social Media presence to gener8te more income, e.g. room hire. Continue with staff appraisal and personal and professionaL development plans. Continue to develop training and support forvolunteers. Introduce a volunteer coordinator into the organisation, voluntary/st8ff - subject to funding. Bythe end of nextyear to have secured fundingfor: Recruitment of a Centre Administrator. Secure Core Fundingto develop a Business Plan and provide training for staff and voLunteers. Increase activities aimed at older people and the elevation of mental health issues of BAME women. Support Volunteers-to increase knowledge and training opportunities. To update the training programme forthe staff and Trustees. Capacity Building of the Organisation. Increase activities for service users with dementia. 31Page
ObjectSves and Activities for Public Benefit The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published bythe Commission. Tassibee's activities benefit the public of Rotherham Metropolitan Borough and its surrounding area, particulartythe adv8ncement of education, the protection of health, the relief of poverty, distress and sickness. The Trustees ensure that the Charity's objectives support the public and work with other organisations to ensure maximum impact on all their beneficiaries. Financial Review Tassibee has continued to secure fundingwhich has enabled the project to expand its training provision, in addition to this Tassibee is responsible for its own finances reporting directLy to funding organisations. It is the policy of the company that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalentto a minimum of three month's expenditure. The Trustees consider that reserves at this level will ensure th8t, in the event of a significant drop in funding, theywill be able to continue the company's current activities while consideration is given to ways in which additional funds m8y be raised. This level of reserves has been maintained throughout the year. On behalf of the Board of Trustees Name: Shabana Amjid Posltlon: Acting Treasur8rlTrustee Signed: Dated: 41Page
Tassibee Project Reserves Policy The Tassibee Project reserves policywas reviewed and updated in April 2025. The trustees have set a level equivaLent to 12 months of operating costs for the organisation as a desired level of reserve. This fund is a contingency in the event of a sudden reduction in income, in order to protect the future operation of the organisation from the eff ects of any unforeseen variations in its income and expenditure, It also provides a cash flowfor grants and contracts that are paid in arrears. The trustees have design8ted reserves where there are planned commitments that cannot be met by anticipated future income alone. These reserves are broken down into a number of funds that relate to: The organisation's responsibilities as an employer to hold sufficientfunds to provide proper notice and redundancy costs in the event of closure The organisations responsibility to hold sufficient funds to provide employment for a period of 12 months to all staff. The organisation's responsibilities as a leaseholder with full-repairing responsibilities. It is the trustees, intention to build a capital improvement fund overthe next few years to meet future repair and refurbishment commitment The organisations responsibilities to repair andlor renew equipment to ensure that the organisation is able to continue its operations. 51Page
The reserves policy and the levels of reserves required are reviewed yearly as part of the annual budgetary process. Within the accounts, the amounts of reserves are specif led in a table as follows: General purpose reserve fund Desired Reserves Balance as at 31st March 2025 Descrlption of Funds Unrestricted funds represented by Cash in hand and at bank. Allocated as follows. Funds to provide cash flow and meet unforeseen expenses. Based on approx. 3 months ofannual turnover. Twelve months salaries and employers, N I contributions. Redundancy liabilities land required notice period) based on statutory minimum payments for all staff. To fulf il lease obligations. 233,273.02 50,000.00 30,000.00 Salari8s Reserve 100,000.00 100,000.00 Redundancy Reserve 25,000.00 25.000.00 Premlses R888rve- General 10,000,00 10,000.00 Premlses Reservo- Capltal Improvements 10,000.00 10,000.00 Funds to maintain, repair and improve premises held on a full- repairi ng lease. Provision to replace IT and furniture as required. Small, i nitial investments aimed at supporting the early stages of projects or initiatives with the potential for broad community impact. For special one off activities that include presentations, special occasions events, etc. A98et Replacement 5,000 5,000.00 Seed fundingfor project development 20,000 21,000.00 Contingency fund 5,000.00 5,000.00 Total 205,000.00 233,000.00 61Page
Tassibee Project Independent Report to the Trustees, for the year ended 31 st March 2025 I report on the accounts of theTassibee Project for the year ended 31 March 2025 which are set out on pages 9-12. Respective responslbilities of trustees and examiner The charity's trustees (who are also the directors of the Company for the purposes of company law} are responsible for the preparation of the accounts. The charity's trustees considerthan an audit is not required for this year under section 14412) of the Charities Act 2011 {the 2011 Act} and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company lawand is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act follow the procedures laid down in the generaLdirections given by the Charity Commission under section 145 (51 (b) of the 2011 Act; and state whether particular matters have come to my 8ttention Basis of independent examiner's report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide allthe evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fairview" and the report is Limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: Which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with section 130 of the 2011 Act, and to prepare accounts which accord with the accounting records and complywith the accounting requirements of the 2011 Act have not been met, or To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Umar Nawaz Janjua (ACCAI 5J Accountants Limited Unit 37, Camperdown Street. City Quay, Dundee. Angus DD13JA Date: 19.06.2025 71Page
Tassibee Project Statement of Financial Activities For the year ended 31st March 2025 INCOMING Unrestricted Designated Restricted RESOURCES NOTES Funds Funds Funds Incomlng resources from generated funds Donations Total Funds 2025 2024 1,269.01 1,269.01 1,070.00 Investment Income 586.00 Incoming resources from charitable activities Other Income 101,230.48 20,000.00 121,230.48 122,124.00 TOTAL INCOMING RESOURCES 102,499.49 20.000.00 122,499.49 123,780.00 EXPENDED RESOURCES Charltable activltles Direct charitable expenses 119,968.46 119,968.46 121,932.00 Governance Costs 1,189.00 119,968.46 123.121.00 TOTAL EXPENDED RESOURCES 119,968.46 NET INCOMINGAND EXPENDED RESOURCES TRANSFER BETWEEN FUNDS NET INCOMINGAND EXPENDED RESOURCES AFTER TRANSFERS 20,000.00 2,531.03 659.00 17,468.97 20,000.00 2,531.03 659.00 17,468.97 17,468.97 404,371.00 20,000.00 2,531.03 404,371.00 403,712.00 659.00 FUND BALANCE AT 1 APRIL 2024 FUND BALANCE AT 31ST MARCH 2025 386,902.03 20,000.00 406,902.03 404,371.00 81Page
Forthe period ended 31 st March 2025, the company is entitled to the audit exemption under section 477 (21 of the Companies Act 2006. The members have not required the company to obtain an audit in accordancewith section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for: ensuringthe company keeps accounting records which complywith section 386. and preparing accounts which give a true and fairviewofthe state of affairs of the company as 8t the end of the financial year, and its profit or loss for the financial year, in accordance with the requirement of the Companies Act 2006 relatingto accounts, so far as is applicable to the company. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies, regime. The directors declare that they have approved the accounts above. Signed on behalf of the charity Nam8: Shabana Amjid Date:................ Position Acting TreasurerlDirector Signed: S..,A-.:..y.. IJ 91Page
Tassibee Project Balance Sheet Forthe year ended 31st March 2025 Notes 2025 2024 Fixed assets 156,672.00 159,869.00 Current assets Debtors 10 16,466.00 Cash at bank and in hand 233,273.02 230,742.00 233,273.02 247,208.00 Liabilities due wlthin one year Net current assets 11 721.45 2,706.00 232.551.57 244,502.00 Creditors talllng due after more than one year Net assets 12 389,223.57 404,371.00 Funds of the company Unrestricted funds Designated funds Other charitable funds Restricted funds Totalfunds 13 20,000.00 389,223.57 384,371.00 14 389,223.57 404,371.00 10IPage
For the period ended 31 st March 2025, the company is entitled to the audit exemption under section 477121 of the Companies Act 2006. The members did not require the company to obtain an audit in accordance with section 476 ofthe Companies Act 2006. The directors acknowledge their responsibilities for: ensuringthe company keeps accounting records which complywith section 386. and preparing accounts which give a true and fair view of the state of affairs of the company atthe end of the financial year, and its profit or loss for the financialyear, in accordance with the requirement of the Companies Act 2006 relatingto accounts, so far as is applicable to the company. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies, regime. The directors declare that they have approved the accounts above. Signed on behalf of the charity Name: Shabana Amjid Position: Date: Signed..
Tassibee Project Notes to the Financial Statements For the year ended 31st March 2025 1 Accounting Policies 1.1 Basis of preparation These financial statements have been prepared under the historical cost basis and in accordance with the statement of recommended pr8Ctice (Charities SORP 2005 and the Financial Reporting Standards for Smaller Enterprises {FRSSE}I. 1.2 Incoming resources These are included in the Income and Expenditure account,. incoming resources are recognised when". the company becomes entitled to the resources the directors are virtually certain they will receive the resources, and the monetaryvalue can be measured with sufficient reliability Where incoming resources have related expenditure las with fund raising or contract income) the incoming resources 8nd related expenditure are reported gross in the income and expenditure account. Grants and donations are only included in the incoming and expenditure 8ccount when the company has unconditional entitlement to the resources. Contractual income is only included in the income and expenditure account once the related goods or performance related services have been delivered. Investment income is included in the accounts when received. 1.3 Expenditure Expenditure is charged to the statement of financial activities on an accrual's basis, inclusive of anyVATwhich cannot be recovered. Expenditure is classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Charitable expenditure comprises those costs incurred in the delivery of the charity's activities and services for its beneficiaries, including both direct and support costs. 121Page
Support costs include central functions and have been allocated to activity cost categories on 8 basis consistent with the use of staff. Governance costs include those costs associated with meeting constitutional and statutory requirements. 1.4 Fund accounting Restricted funds are funds received from donors which are subject to restrictions on the purposes for which they may be used of which have been raised for a specific project. Unrestricted funds are those where there are no externaLly imposed restrictions. These include funds freely available to the charity for expenditure or appropriation to reserves for internally designated purposes. 1.5 Assets Tangible assets are capitalised ifthey can be used for more than one year, and cost 8t least £600. They are valued at cost, or, if gifted, at the value to the company on receipt. The rates applicable are: Freehold land is not depreciated Freehold buildings 2Vo Straight line 1.6 Taxe8 The company is not VAT registered. Asa charity the company is exempt from taxation on income and gains fallingwithin section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. 1.7 Pensions The charity operates a defined contribution scheme for the benefit of it's employees. Contributions payable are ch8rged to the statement of financial activities in accordance with FRS 17. 131Pdge
Tassibee Project Notes to the Financial Statements Forthe year ended 31st March 2025 2025 2024 2. Donations Donations and gifts 3. Investment income Interest received 1,269.01 1,079.00 2025 2024 0.00 586.00 4. Incoming resources from charitable activities Unrestricted Restrlcte funds d funds 2025 2024 Grant-Awards forAII Grant-Garfield Westfield Foundation Direct Payments Room Hire 9,800.00 20,000.00 20,000.00 20,000.00 91,380.48 5,720.00 4,130.00 91,380.48 73,649.00 5,720.00 2,885.00 4,130.00 15,790.00 Other Charitable Work 122,499.49 92,324.00 5. Other incoming resources 2025 2024 Other income 6. Total resources expended Charitable Staff costs activities Depreciat ion Other costs Total 2025 Total 2024 Direct charitable activities Governance costs 90,866.24 3,197.00 25,905.22 119,968.46 92,132.00 1,189.00 119,968.46 93,321.00 Tassibee Project 141Page
Notes to the Financial Statements For the year ended 31 st March 2025 7. Director's remuneration No remuneration was received by any directors {or any person connected to them} duringthe period and no expenses incurred were reimbursed bythe charity 8. Employees and staff costs Number of employees: Duringthe period of the accounts the 8verage numberof employees was 11. This is an increase of 3 from the previous years. Employment costs Wages and salaries Social security costs Other pension costs 2025 2024 90,866.24 85,585.00 2,712.01 1,183.04 94,761.29 85,585.00 No employee earned £60,000 or more in the period of these accounts. The same applies to 2024. 9. Flxed assets Freehold Buildlng Cost 228,374.00 Additions Disposals At 31st March 2025 228,374.00 Depreciation At 1 st April 2024 Charge this period At 31st March 2025 68,505.00 3,197.00 71,702.00 156,672.00 2024 Net book value as at 31 st March 2025 10. Debtors 2025 Trade debtors 16,466.00 Other debtors 16,466.00 Tassibee Project 151Page
Notesto the Financial Statements Forthe year ended 31st March 2025 11. Creditors- falling due within one year Bank loans Trade creditors Social security costs Accruals 721.45 2,709.00 721.45 2,709.00 12. Creditors -falling due after more than one year 2025 2024 Bank loans Analysis of loan Not wholly repayable within five years by instalments Wholly repayable within five years Included in current liabilities Loan maturity analysls Not wholly repayable within five years by instalments 13. Movement of funds Openlng Balance Incoming Resource8 Transfers Resources Expended Closing Balance Unrestricted funds Servlce Provision to include Dlrect Payments Generalfunds * Designated funds Property General Fund 57,092.00 53,895.00 3,197.00 20,000.00 77,092.00 20,000.00 3,197.00 73,895.00 **Restricted funds 161Page
Grant Weston Foundation 20,000.00 20,000.00 Total funds 20,000.00 *Designated funds 77,092 20,000.00 3,197.00 93,895.00 The designated propertyfund represents the net bookvalue of the property, 36 Godstone Road, Rotherham less depreciation 14. Analysis by net assets between funds Fund balance at 31 March 2025 are represented by: Unrestricted Designated Restricted funds funds funds Total funds Tangible assets Current assets Creditors: amounts due within one year Creditors: amounts due after more than one year 156,672.00 156,672.00 233,273.02 233,273.02 721.45 721.45 232,551.57 156,672.00 389,223.57 171Page