2023-03-31-accounts - Tax Volunteers

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Reference and Administrative		Details
Chair's Report			2 to 3
Trustees' Report			4 to 8
Statement ofTrustees'	Responsibilities
Independent Auditor's	Report		10to 13
Statement ofFinancial	Activities		14
Balance Sheet			15
Statement ofCash Flows			16
Notes to the Financial	Statements		17to 31

			Reference and Administrative	Reference and Administrative	Reference and Administrative	Reference and Administrative	Details	Details
Trustees			P A Hamilton
			A M Delorie (resigned		14November			2022)
			SMitha CBE(resigned			14November		2022)
			JG Whitehead
			C SMuir
			A M Mollett (Marian	Drew)
			BChapman (resigned	20 April 2023)
			GJJones (appointed	14		November 2022)
			A M Cullimore-Todd	(appointed			14November		2022)
			JC Wakeman (appointed			17May 2023)
Secretary			JW M Crump
Chief Executive Officer			V Boggs
Registered	Office		Unit 10
			Pineapple Business Park
			Salway Ash
			Bridport
			Dorset
			DT6 SDB
Charity Registration		Number	1102276 in England &		Wales and SCO 45819				Scotland
Company	Registration	Number	04894491
Auditor			Thompson Jenner LLP
			Statutory Auditors
			1 Colleton Crescent
			Exeter
			Devon
			EX24DG

					Unrestricted	Unrestricted	Restricted	Total 2023
2023					Note
Income and Endowments			from:
Donations and legacies						304,847	313,233	618,080
Charitable activities							147,658	147,658
Investment income						896		896
Total Income						305,743	460,891	766,634
Expenditure on:
Raising funds						(39,162)		(39,162)
Charitable activities						(292,488)	(449,241)	(741,729)
Total Expenditure						(33),630)	~449,241)	(780,891)
Net (expenditure)/income						(25,907)	11,650	(14,257)
Net movement in funds						(25,907)	11,650	(14,257)
Reconciliation offunds
Total funds brought		forward				466,130	1,071	467,201
Total funds carried	forward				18	440,223	12,721	452,944
					Unrestricted		Restricted	Total 2022
2022					Note
Income and Endowments			from:
Donations and legacies						197,189	343,300	540,489
Charitable activities							147,658	147,658
Investment income						20		20
Total Income						197,209	490,958	688,167
Expenditure on:
Raising funds						(36,724)		(36,724)
Charitable activities						(120,342)	(490,958)	(611,300)
Total Expenditure						(157,066)	(490,958)	(648,024)
Net income						40,143		40,143
Net movement in funds						40,143		40,143
Reconciliation offunds
Total funds brought		forward				425,987	1,071	427,058
Total funds carried	forward				18	466,130	1,071	467,201
All ofthe charity's	activities		derive from	continuing	operations	during the above two periods.
The funds breakdown		for 2022 is shown		in note 18.

		Balance Sheet as at	31March 2023
				2023	2022
			Note
Fixed assets
Tangible assets			12	3,264	4,703
				3,264	4,703
Current assets
Debtors			13	139,066	93,539
Cash at bank	and in hand		14	351,426	414,586
				490,492	508,125
Creditors: Amounts		falling due within one year	15	(40,812)	(45,627)
Net current	assets			449,680	462,498
Net assets				452,944	467,201
Funds ofthe	charity:
Restricted				12,721	1,071
Unrestricted	income	funds
Unrestricted				440,223	466,130
Total funds			18	452,944	467,201

Statement		ofCash F	lows for the	Year Ended 3	1March 2023
					2023	2022
				Note
Cash flows from operating	activities
Net cash (expenditure)/income					(14,257)	40,143
Adjustments to cash flows from non-cash			items
Depreciation					3,780	3,438
Investment income					896)	(20)
					(11,373)	43,561
Working capital adjustments
(Increase)/decrease in debtors				13	(45,527)	1,008
Decrease in creditors				15	(4,815)	(43,746)
Net cash flows from operating		activities			(61,715)	823
Cash flows from investing activities
Interest receivable and similar		income		5	896	20
Purchase oftangible fixed assets				12	(2,341)	(3,510)
Sale oftangible fixed assets						935
Net cash flows from investing		activities			(1,445)	(2,555)
Net decrease in cash and cash		equivalents			(63,160)	(1,732)
Cash and cash equivalents at	I April				414,586	416,318
Cash and cash equivalents at	31 March				351,426	414,586

	2023	2022
Advice services	83'/0	83'/o
Tax education	50/0	6'/0
Cost ofraising funds	7'/0	7'/0
Governance costs	5'/0	4'/o

Asset class	Depreciation	method and rate
Leasehold improvements	Straight line over the life ofthe lease
Office equipment	4years straight	line
Computer equipment	4 years straight	line
Call-centre equipment	4years straight	line

3 Income from donatio	ns	and legaci	es
			Unrestricted
			funds
				Restricted	Total	Total
			General	funds	2023	2022
			f
HM Revenue &Customs				271,583	271,583	270,000
Chartered Institute ofTaxation				30,000	30,000	30,000
Association ofTaxation	Technicians			11,650	11,650	13,300
XPS			15,000		15,000	15,000
The Julia and Hans Rausing		Trust				30,000
Tax Advisers' Charitable	Trust		4,000		4,000	4,000
The Beeching Trust			5,000		5,000
Gift aid and other donations			111,628		111,628	106,709
Donated facilities and services			169,219		169,219	71,480
Total income 2023			304,847	313,233	618,080	540,489
Total income 2022			197,189	343,300	540,489

his is ajoint initiative se tween the two charities.	t up by	Tax Volunteers	and TaxAid UK, whereby am	ounts received a	re split equally
				2023	2022
Deloitte				14,352	13,146
Freshfieids					9,986
Kathleen Beryl Sleigh Charitable		Trust		5,000	5,000
London Legal Support				3,537	4,176
Norton Rose				5,000
Tax Advisers' Charitable	Trust (the Worshipful		Company ofTax Advisers)	4,000	4,000
Virtual CPD Events				18,882	25,210

		Restricted	Total	Total
		funds	2023	2022
AVIVA Life Services Ltd		32,650	32,650	32,650
Rothesay Life		84,000	84,000	84,000
Mineworkers	Pension Scheme &British Coal Staff
Superannuation	Scheme	31,008	31,008	31,008
		147,658	147,658	147,658

		Unrestricted
		funds	Total
		General	funds
Interest receivable	and similar income;
Interest receivable on bank deposits		896		896
Total for 2023		896		896
Total for 2022		20		20

6 Expenditure	on ch	aritable activ	ities	ities
			Cost of				Governance		Total	Total
			raising	funds	Tax advice	Tax education	costs	Support costs	2023	2022
Staffcosts			18,584		237,358	13,368	13,694	188,126	471,130	439,406
Gifts in kind					169,219				169,219	71,480
Depreciation								3,780	3,780	3,438
Telephone					13,808				13,808	15,895
Postage and stationery					1,580			2,130	3,710	4,822
Advertising .										972
Legal and professional		fees					7,921	280	8,201	8,071
Volunteer expenses					2,851		723		3,574	1,927
Rent, rates and services					25			37,207	37,232	47,034
Bank charges								222	222	307
Audit							6,000		6,000	6,910
Insurance							409	2,993	3,402	2,808
Repairs and maintenance								9,224	9,224	1,431
Stafftravel and training					1,378			7,268	8,646	6,486
Computer costs								42,076	42,076	35,825
Bridge The Gap	event expenses									455
Sundry								667	667	757
			18,584		426,219	13,368	28,747	293,973	780,891	648,024
Support costs			20,578		243,997	14,699	14,699	(293,973)
Total expenditure	2023		39,162		670,216	28,067	43,446		780,891
Total expenditure	2022		36,724		543,376	31,234	36,690		648,024

		2023	2022
Operating	leases - other assets	(34,541)	(37,264)
Audit fees		(6,000)	(6,910)
Depreciation offixed assets		(3,780)	(3,438)

9 Staffcosts The aggregate payroll costs were as follows:
	2023	2022
Staffcosts during the year were:
Wages and salaries	391,955	396,005
Social security costs	34,614	23,840
Pension costs	14,656	18,646
Other staff costs	29,905	915
	471,130	439,406

The monthly average number of persons employ expressed as full-time equivalents was as follows:	ed by the charity or working for the	benefit	of the cha	rity,
	2023		2022
	No		No
Raising funds		0.6		0.6
Advice services		7.3		8.1
Tax education		0.4		0.5
Support		5.8		5.8
Governance		0.4		0.4
		14.5		15.4

		2023	2022
Audit ofthe financial	statements	6,000	6,000
Other fees to auditors
All other non-audit services		3,860	3,860

12 Tangible fixed as	sets
	Leasehold	Office	Computer	Call-centre
	improvements	equipment	equipment	equipment	Total
Cost
At 1 April 2022	10,905	31,433	40,991	19,916	103,245
Additions			2,341		2,341
Disposals	(10,251)	(26,016)	(27,821)	(14,655)	(78,743)
At 31March 2023	654	5,417	15,511	5,261	26,843
Depreciation
At 1 April 2022	10,905	31,279	37,417	18,941	98,542
Charge for the year		154	2,651	975	3,780
Eliminated on disposals	(10,251)	(26,016)	(27,821)	()4,655)	~78,743)
At 31 March 2023	654	5,417	12,247	5,261	23,579
Net book value
At 31March 2023			3,264		3,264
At 31 March 2022		154	3,574	975	4,703
13 Debtors
				2023	2022
Trade debtors				15,527	38,622
Prepayments				5,480	17,446
Other debtors				118,059	37,471
				139,066	93,539

			2023	2022
Cash at bank			351,426	414,586
15 Creditors: amounts	falling due within	one year
			2023	2022
Trade creditors			2,066	2,917
Other taxation and social	security		5,674	6,873
Other creditors			5,588	5,587
Accruals			27,484	30,250
			40,812	45,627

Total future minimum lease payments under non-cancell	able operating leases are as follows:
	2023	2022
Land and buildings
Within one year	21,450	11,964
Between one and five years	28,600
	50,050	11,964
Other
Within one year	3,208	3,840

18 Funds
	Balance at I		Incoming	Resources	Balance at31
	April	2022	resources	expended	March 2023
Unrestricted funds
General
General fund	466,130		305,743	(331,650)	440,223
Restricted funds
HM Revenue &Customs			271,583	(271,583)
Aviva Life Services Ltd			32,650	(32,650)
Chartered Institute ofTaxation			30,000	(30,000)
Association ofTaxation
Technicians			11,650		11,650
Esmee Fairbairn		1,071			1,071
Rothesay Life			84,000	(84,000)
Mineworkers Pension Scheme &
British Coal Staff Superannuation
Scheme			31,008	(31,008)
Total restricted funds		1,071	460,891	(449,241)	12,721
Total funds	467,201		766,634	(780,891)	452,944

		Balance at I	Incoming	Resources	Balance at31
		April 2021	resources	expended	March 2022
Unrestricted funds
General
General fund		425,987	197,209	(157,066)	466,130
Restricted
HM Revenue	&Customs		270,000	(270,000)
Aviva Life Services Ltd			32,650	(32,650)
Chartered Institute ofTaxation			30,000	(30,000)
Association ofTaxation
Technicians			13,300	(13,300)
Esmee Fairbairn		1,071			1,071
Julia and Hans	Rausing Trust		30,000	(30,000)
Rothesay Life			84,000	(84,000)
Mineworkers	Pension Scheme &
British Coal Staff Superannuation
Scheme			31,008	(31,008)
Total restricted	funds	1,071	490,958	490,958)	1,071
Total funds		427,058	688,167	(648,024)	467,201

		Unrestricted
				Total funds at
		General	Restricted	31	March 2023
Tangible	fixed assets	3,264			3,264
Current	assets	477,771	12,721		490,492
Current	liabilities	(40,812)			(40,812)
Total net assets		440,223	12,721		452,944
		Unrestricted
				Total funds at
		General	Restricted	31	March 2022
Tangible	fixed assets	4,703			4,703
Current	assets	507,054	1,071		508,125
Current	liabilities	(45,627)			45,627)
Total net assets		466,130	1,071		467,201
20 Analysis ofnet funds
		At 1April	Financing cash	At 31March
		2022f	flows		2023
Cash at	bank and in hand	414,586	63,160)		351,426
Net debt		414,586	(63,160)		351,426