2024-03-31-accounts

Charity registration number 1129175

Company registration number 06779873 (England and Wales)

TAVISTOCK AREA SUPPORT SERVICES

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

TAVISTOCK AREA SUPPORT SERVICES

CONTENTS

	Page
Trustees' report	1 - 3
Statement of trustees' responsibilities	4
Independent examiner's report	5
Statement of financial activities	6 - 7
Balance sheet	8
Notes to the financial statements	9 - 24

TAVISTOCK AREA SUPPORT SERVICES

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their annual report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's deed of trust, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The Object of the Charity is to promote the welfare of older and disabled people living within the town of Tavistock and neighboring parishes.

In furtherance of these Objectives, we aim:

• To provide welfare services for those with a social or financial need.

• To provide activities, social events, advice and information in appropriate locations within the "area of benefit". - To provide community transport for people with physical disabilities or restricted mobility to enable access to the community.

• To provide community transport services for those living in isolated areas to enable social inclusion and access to the community.

The main activities listed above are undertaken for public benefit and the trustees have had regard to the Charity Commission’s guidance for public benefit.

Achievements and performance

The Charity continues to be a local flagship supporting those who have needs arising from age, sickness, disability, social isolation and vulnerability and are resident in Tavistock and the surrounding areas. The Anchorage Centre in Tavistock is the hub of Tavistock Area Support Services activities, supported by its Charity Shop in Market Street, the Community Café in the perimeter of the Pannier Market and outreach centres in Horrabridge and Milton Abbot.

The charity is dependent on fund raising and the receipt of grants and donations. Online donations are received via Just Giving which includes Gift Aid and also via PayPal and Love2Donate.

We were pleased to be able to provide our activities and services to the local community throughout the year supported by our loyal staff and volunteers. Recruitment of volunteers has continued but more are needed, particularly in the shop, cafe and car and minibus drivers. Training is provided enhancing the volunteers’ experience and that of the clients.

The befriending/outreach service which is dependent on externally funding is much valued within the local community. The village Outreach centres continue to be enjoyed by those who attend their weekly get-togethers.

The community car transport service taking people to medical appointments is much in demand but still suffers from a lack of voluntary drivers. Through the generosity of our drivers we manage to help almost everyone who contacts us. The mobility loan scheme operated at the Anchorage Centre continues to provide a lifeline to those needing aids.

The Anchorage Centre hosts many events, activities and services and we have been delighted to continue to welcome new groups and to see the existing groups thrive. We were grateful to receive funding to provide and install a defibrillator on the premises.

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TAVISTOCK AREA SUPPORT SERVICES

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

The Life Stories Project records and documents the stories of the lives and memories of many in the local area. We continued to recruit and train more volunteers and are grateful for funding from the National Lottery Heritage Fund allowing the project ‘A Tale of Three Schools” to continue until December 2024.

The Charity Shop in Market Street sells a wide variety of donated goods and contributes to the funding of the charity. During the year the staff and volunteers have increased the number of opening days and hours. TASS Community Café, formerly known as Rest a While, our in-town café within the perimeter of the Pannier Market, continues to be financially supported by our Designated Fund and Tavistock Town Council. During the year it was refurbished and a mural was painted by students of Mount Kelly College. The cafe continues to be popular with visitors and the local community. Both TASS Community Café and the Charity Shop have enthusiastic teams of volunteers but more are always needed.

As the main provider of support for older and disabled people living in our area we were pleased to continue working with other agencies, building links with voluntary, private, and statutory providers in the provision of services for older people and those with disabilities, vulnerability, and social isolation in our locality. We have continued and strengthened our links with Devon County Council, Livewell Southwest and Devon Partnership Trust and built links with One Devon Integrated Care Board.

We value partnership work and as a local Charity also work with West Devon CVS, Tavistock Area Wellbeing, Abbey Rise (Devon County Council) – Health and Social Care, Westbank Community Care and Healthy Living Centres, Tavistock Dementia Alliance and Memory Café, local health support groups such as Parkinson’s Group, Home Instead, Tavistock Locals Help, Devon Carers, Yelvercare, the Fire Brigade and the Police as well as other statutory, private and voluntary sector organizations in providing a complete service for older and disabled people living in Tavistock and surrounding areas. We are used as a referral point by Health and Social Services, local GP’s, Tavistock and Derriford Hospitals, the Mental Health Team (Devon Partnership Trust) and other voluntary sector groups – we are a “Community Hub” making a difference to the lives of others. As part of this partnership TASS is the Voluntary Sector Representative on the Tavistock Health & Social Care Teams; a partner organization of the Citizens Advice Bureau; a member of the Devon Community Transport Group and the Southern Area Car Forum.

Funding and support continue from various sources including Private Donors, Corporate and Professional donors, local Groups and Organizations, Legacies, Devon County Council, Westbank Community Care and Healthy Living Centres and West Devon CVS. We also received grants from Devon Community Foundation, Sanctuary Lodge, and the National Lottery Heritage Fund.

We are very grateful to all our funders; we do however have concerns on continued funding from some of our long-time supporters due to the current economic climate.

We are so grateful to all our volunteers and supporters for organizing many fund-raising events. Our core of volunteers are truly ‘the unsung heroes of our community’ without their commitment TASS would be unable to operate such a wide range of quality services; they give their time so willingly and are dedicated to making a positive difference to people’s lives. Similarly, we are very fortunate to have a small and very dedicated team of staff led by our General Manager, Holly Stirling. We welcomed new staff to the team through the year as Cathy Hipsey and Jacky Norris retired following many years working with TASS, we wish them both well and are pleased they now volunteers with us. We are immensely grateful to our Staff, Volunteers and Clients for their continued support in so many ways and look forward to continue working with them in the years to come.

We thank all those who support, donate and give their time to Tavistock Area Support Services.

Financial review

The net outgoing resources for the year amounted to £53,065. General unrestricted funds decreased from £264,351 to £200,034. Free reserves at the end of the year amounted to £151,797.

The Trustees consider that due to the uncertain nature of their grant funding the charity should endeavor to maintain reserves sufficient to cover at least 12 months of anticipated expenditure. Sufficient provision is also required for capital replacements and maintenance of the Anchorage Centre.

Structure, governance and management

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TAVISTOCK AREA SUPPORT SERVICES

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

New Trustees with the required skill set are co-opted after interview and discussion with the members of the Board. Trustees stand for re-election annually at the AGM.

Reference and administrative details

Charity number 1129175 Company number 06779873 Registered Office The Anchorage Centre Chapel Street Tavistock Devon PL19 8AG Secretary Mrs V Dodds Trustees Ms A Bessant Mrs V Dodds Mrs J Gasper Mr M Hibbert Mrs S Lake - appointed 27/10/22 Independent examiners Azets Audit Services Ty Derw Lime Tree Court Cardiff Gate Business Park Cardiff CF23 8AB Bankers TSB PO Box 373 Leeds LS14 9GQ

The trustees' report was approved by the Board of Trustees.

Mr M Hibbert

Trustee Dated: 23 October 2024

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TAVISTOCK AREA SUPPORT SERVICES

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2024

The trustees, who are also the directors of Tavistock Area Support Services for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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TAVISTOCK AREA SUPPORT SERVICES

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF TAVISTOCK AREA SUPPORT SERVICES

I report to the trustees on my examination of the financial statements of Tavistock Area Support Services (the charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

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

• 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

• 2 the financial statements do not accord with those records; or

• 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

• 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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

Azets

Elizabeth Smith ACA FCCA CTA Lime Court Pathfields Business Park South Molton Devon EX36 3LH

Dated: 23 October 2024

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TAVISTOCK AREA SUPPORT SERVICES

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted Restricted funds funds 2024 2024 Notes £ £ Income and endowments from: Donations and legacies 2 35,521 - Charitable activities TASS activities income 3 14,499 27,320 Transport income 3 18,997 726 Other trading activities 4 55,117 - Investments 5 4,928 - Other income 6 - - Total income 129,062 28,046 Expenditure on: Raising funds 7 56,542 51 Charitable activities TASS activities 8 72,652 3,215 Transport expenses 8 13,217 24,280 Other 8 34,948 3,485 Total charitable expenditure 120,817 30,980 Total expenditure 177,359 31,031 Net gains/(losses) on investments 12 (1,651) - Net outgoing resources before transfers (49,948) (2,985) Gross transfers between funds (10,806) 10,806 Net movement in funds (60,754) 7,821 Fund balances at 1 April 2023 264,351 335,018 Fund balances at 31 March 2024 203,597 342,839	Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 35,521 28,160 500 41,819 13,144 23,342 19,723 19,871 1,507 55,117 52,142 - 4,928 3,272 - - 2,682 - 157,108 119,271 25,349 56,593 49,382 68 75,867 37,491 21,416 37,497 13,480 28,029 38,433 31,712 5,684 151,797 82,683 55,129 208,390 132,065 55,197 (1,651) (4,688) - (52,933) (17,482) (29,848) - 1,702 (1,702) (52,933) (15,780) (31,550) 599,369 280,131 366,568 546,436 264,351 335,018	Total 2023 £ 28,660 36,486 21,378 52,142 3,272 2,682 144,620 49,450 58,907 41,509 37,396 137,812 187,262 (4,688) (47,330) - (47,330) 646,699 599,369
Donations and legacies 2 Charitable activities TASS activities income 3 Transport income 3 Other trading activities 4 Investments 5 Other income 6 Total income Expenditure on: Raising funds 7 Charitable activities TASS activities 8 Transport expenses 8 Other 8 Total charitable expenditure Total expenditure Net gains/(losses) on investments 12 Net outgoing resources before transfers Gross transfers between funds Net movement in funds Fund balances at 1 April 2023 Fund balances at 31 March 2024

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TAVISTOCK AREA SUPPORT SERVICES

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

The statement of financial activities includes all gains and losses recognised in the year.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

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TAVISTOCK AREA SUPPORT SERVICES

BALANCE SHEET

AS AT 31 MARCH 2024

Notes Fixed assets Tangible assets 14 Investments 15 Current assets Debtors 16 Cash at bank and in hand Creditors: amounts falling due within one year 17 Net current assets Total assets less current liabilities Income funds Restricted funds 18 Unrestricted funds Designated funds 19 General unrestricted funds	2024 £ 4,491 215,608 220,099 (11,484) 75,062 128,535	£ 337,821 - 337,821 208,615 546,436 342,839 203,597 546,436	2023 £ 8,204 176,627 184,831 (12,078) 77,023 187,328	£ 338,204 88,412
				426,616 172,753
				599,369
				335,018 264,351
				599,369

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 23 October 2024

Mrs J Gasper Mr M Hibbert Trustee Trustee

Company registration number 06779873

• 8 -

TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

Tavistock Area Support Services is a private company limited by guarantee incorporated in England and Wales. The registered office is The Anchorage Centre, Chapel Street, Tavistock, Devon, PL19 8AG, United Kingdom.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Activity income and room hire are recognised in the period to which the service is provided.

Shop and cafe income is recognised when the sale takes place.

Investment income is recognised at the time the investment income is receivable. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

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TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Capital grants are released to the SOFA in the year of receipt. Fixed assets relating to capital grants are capitalised, and depreciation charged is offset against the grant income, in a restricted fund.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

1.5 Resources expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure on raising funds relates to the costs in relation to generating income such as fundraising activities.

Expenditure on charitable activities includes all costs relating to the furtherance of the charity's objectives as stated in the trustees report and their associated support costs.

Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Anchorage Centre	1% on cost (excluding land)
Leasehold improvements	Straight line over 15 years
Plant and equipment	25% on reducing balance
Fixtures and fittings	25% on reducing balance
Motor vehicles	25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

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TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

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TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.11 Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13 Leases

Rentals payable under operating leases are charged on a straight line basis over the term of the relevant lease.

2 Donations and legacies

	Unrestricted	Unrestricted	Restricted	Total
	funds	funds	funds
	2024	2023	2023	2023
	£	£	£	£
Donations and gifts	35,521	28,160	500	28,660

3 Charitable activities

TASS activities income Transport income 2024 2024 £ £ Sales within charitable activities 14,499 18,997 Grants received 27,320 726 41,819 19,723 Analysis by fund Unrestricted funds 14,499 18,997 Restricted funds 27,320 726 41,819 19,723	Total 2024 TASS activities income Transport income 2023 2023 £ £ £ 33,496 13,144 19,871 28,046 23,342 1,507 61,542 36,486 21,378 33,496 13,144 19,871 28,046 23,342 1,507 61,542 36,486 21,378	Total 2023 £ 33,015 24,849
		57,864
		33,015 24,849
		57,864

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TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

4 Other trading activities

	**Unrestricted **	Unrestricted
	funds	funds
	2024	2023
	£	£
TASS community cafe income	8,984	6,731
Shop income	38,055	39,172
Adminstration and room hire income	8,078	6,239
Other trading activities	55,117	52,142

5 Investments

	**Unrestricted **	Unrestricted
	funds	funds
	2024	2023
	£	£
Income from listed investments	-	2,281
Interest receivable	4,928	991
	4,928	3,272

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Total Unrestricted	funds	2024 2023	£ £	- 2,682			Restricted Total	funds	2023 2023	£ £		- 32,712	- 15,040	68 1,698	68 49,450	68 49,450
							Unrestricted	funds	2023	£		32,712	15,040	1,630	49,382	49,382
							Total		2024	£		36,012	16,564	4,017	56,593	56,593
							Restricted	funds	2024	£		-	-	51	51	51
							Unrestricted	funds	2024	£		36,012	16,564	3,966	56,542	56,542
				Legal claims		Raising funds					Trading costs	Shop expenses	TASS community cafe expenses	Depreciation and impairment	Trading costs

	Total	2023		£	79,574	3,518	17,224	100	100,416	30,927		6,469		137,812			82,683	55,129	137,812
	Other		2023	£	-	-	-	-	-	30,927		6,469		37,396			31,712	5,684	37,396
	Transport	expenses	2023	£	24,285	-	17,224	-	41,509	-		-		41,509			13,480	28,029	41,509
	TASS	activities	2023	£	55,289	3,518	-	100	58,907	-		-		58,907			37,491	21,416	58,907
	Total	2024		£	87,336	10,279	15,725	24	113,364	33,804		4,629		151,797			120,817	30,980	151,797
	Other		2024	£	-	-	-	-	-	33,804		4,629		38,433			34,948	3,485	38,433
	Transport	expenses	2024	£	21,772	-	15,725	-	37,497	-		-		37,497			13,217	24,280	37,497
	TASS	activities	2024	£	65,564	10,279	-	24	75,867	-		-		75,867			72,652	3,215	75,867
Charitable activities					Staff costs	Charitable activities	Transport	Administration		Share of support costs (see note 9)		Share of governance costs (see note 9)				Analysis by fund	Unrestricted funds	Restricted funds
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TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

9 Support costs

Support costs
Depreciation Administrative expenses Accountancy fees Legal and professional Analysed between Charitable activities	Support costs Governance costs £ £ 3,566 - 30,238 - - 3,050 - 1,579 33,804 4,629 33,804 4,629	2024 £ 3,566 30,238 3,050 1,579 38,433 38,433	2023 £ 3,945 26,982 3,063 3,406
			37,397
			37,396

• Governance costs includes payments of £2,950 (2023 £2,700) for fees relating to the independent examination.

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration, benefits or reimbursements of expenses from the charity during the current or prior year.

11 Employees

Number of employees

The average monthly number of employees during the year was:

Employment costs Wages and salaries Social security costs Defined contribution pension costs	2024 Number 8 2024 £ 101,703 101 1,504 103,308	2023 Number 8
		2023 £ 93,659 22 1,381
		95,062

No employees received emoluments in excess of £60,000.

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TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

12 Net gains/(losses) on investments

	Unrestricted Unrestricted	Unrestricted Unrestricted
	funds	funds
	2024	2023
	£	£
Revaluation of investments	(1,651)	(4,688)

13 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

• 17 -

	Total		£		580,206	9,707	589,913		242,002	10,090	252,092		337,821		338,204
	Fixtures and Motor vehicles	fittings	£ £		9,614 119,344	- -	9,614 119,344		8,611 108,927	251 2,604	8,862 111,531		752 7,813		1,003 10,417
	Plant and	equipment	£		55,475	9,707	65,182		51,007	3,544	54,551		10,631		4,468
	Leasehold	improvements	£		9,425	-	9,425		4,397	628	5,025		4,400		5,028
	Anchorage	Centre	£		386,348	-	386,348		69,060	3,063	72,123		314,225		317,288
Tangible fixed assets				Cost	At 1 April 2023	Additions	At 31 March 2024	Depreciation and impairment	At 1 April 2023	Depreciation charged in the year	At 31 March 2024	Carrying amount	At 31 March 2024		At 31 March 2023
14

TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

14 Tangible fixed assets

(Continued)

Included in cost of land and buildings is freehold land of £80,000 which is not depreciated.

15	Fixed asset investments
		Listed	Cash in	Total
		investments	portfolio
		£		£
	Cost or valuation
	At 1 April 2023	78,078	10,334	88,412
	Disposals	(78,078)	(10,334)	(88,412)
	At 31 March 2024	-	-	-
	Carrying amount
	At 31 March 2024	-	-	-
	At 31 March 2023	78,078	10,334	88,412
16	Debtors
			2024	2023
	Amounts falling due within one year:		£	£
	Other debtors		4,491	5,209
	Prepayments and accrued income		-	2,995
			4,491	8,204
17	Creditors: amounts falling due within one year
			2024	2023
			£	£
	Other taxation and social security		568	807
	Trade creditors		2,688	2,324
	Other creditors		5,411	5,846
	Accruals and deferred income		2,817	3,101
			11,484	12,078

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Restricted funds	The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:	Movement in funds Movement in funds	Balance at Incoming Resources Balance at Incoming Resources Transfers Balance at	1 April 2022 resources expended 1 April 2023 resources expended 31 March 2024	£ £ £ £ £ £ £ £	Voluntary sector representation 9,112 5,985 (12,118) 2,979 2,503 (3,303) - 2,179	Drop-in support/RAW 14,977 15,020 (27,667) 2,330 2,503 - - 4,833	Transportation 14,049 1,507 (5,319) 10,237 3,016 (24,559) 11,306 -	Time for You 5,000 - (5,000) - - - - -	Awards for All 1,702 - - - - - - -	Outreach & wellbeing 791 677 (1,468) - 10,013 - - 10,013	Capital expenditure 587 1,660 (562) 1,685 - - - 1,685	Anchorage centre 320,350 - (3,063) 317,287 10,011 (3,169) - 324,129	Coronation weekend - 500 - 500 - - (500) -	366,568 25,349 (55,197) 335,018 28,046 (31,031) 10,806 342,839
18

Designated funds	The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.	Movement in funds Movement in funds	Balance at Incoming Resources Transfers Balance at Incoming Resources Balance at	1 April 2022 resources expended 1 April 2023 resources expended 31 March 2024	£ £ £ £ £ £ £ £	TASS community cafe 85,537 6,741 (15,040) (5,117) 72,121 12,449 (17,643) 66,927	Life Story - 6,000 (1,098) - 4,902 8,809 (5,576) 8,135	85,537 12,741 (16,138) (5,117) 77,023 21,258 (23,219) 75,062		TASS community cafe	In 2014 the Trustees voted unanimously to designate funds to provide a facility within the town centre of Tavistock when the opportunity arose. It was agreed that this	facility 'TASS Community Cafe' (formally 'Rest a While') would be subsidised for the first 3 years by the designated fund. Furthermore the trustees voted unanimously to	continue to financially support the project on a rolling one-year basis.	Within the year ended 31 March 2024, a net loss of £5,194 was realised in relation to the TASS Community Cafe. As at 31 March 2024 the designated fund stood at	£66,927.	Life Stories Administration	During the year a grant was received to fund the administration of 'Life Stories'. As at 31 March 2024 the restricted stood at £8,135.
19

	Total	2023	£			338,204	88,412	172,753	599,369
	Restricted	2023	£			329,209	-	5,809	335,018
	Unrestricted	2023	£			8,995	88,412	166,944	264,351
	Total	2024	£			337,821	-	208,615	546,436
	Restricted	2024	£			326,919	-	15,920	342,839
	Unrestricted	2024	£			10,902	-	192,695	203,597
Analysis of net assets between funds				Fund balances at 31 March 2024 are represented by:		Tangible assets	Investments	Current assets/(liabilities)
20

TAVISTOCK AREA SUPPORT SERVICES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

21 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year Between two and five years	2024 £ 20,100 16,979 37,079	2023 £ 20,100 35,479
		55,579

Lease payments recognised as an expense in the period totalled £24,900 (2023 - £23,358 ).

22 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

	2024	2023
	£	£
Aggregate compensation	26,768	25,315

There were no related party transactions in the current or comparative period.

• 24 -