REGISTERED CHARITY NUMBER: 1153712
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
THE TANTUM TRUST
Knox Cropper LLP
Office Suite I
H&slemere House
Lower Street
Haslemere
Surrey
GU27 2PE

THE TANTUM TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
Page
Report of the Trustees
I to 4
Independent Examiner's Report
Statement of Flnancfial Activities
Balance Sheet
Notes to the Financial Statements
8 to 15

THE TANTUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR EIYDED 31 March 2024
The trustees present their report with the fmancial statements of the charity for the year ended 31 March 2024. The
trustees have adopted the provisions of 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 l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity raises money through its four charity shops sited in Bordon, Liphook, Haslemere and Grayshott and from
occasional generous donations received from benefactors. The trustees distribute the SUTpluses to people in need in
North East Hampshire and South West Surrey.
Distributions are made by awarding grants to local individuals or groups who have been referred to the Charity and
endorsed by support agencies such as local Citizen Advice, Social Services, Schools and Family Centres. We also
award grants to local organisations and charities.
Significant activitie5
The major cost was funding Christmas of supennarkei food vouchers. These are distributed to local schools who identify
the neediest families for children receiving free school meals. Twenty schools appli¢d and vouchers with over £28,000
spent in December 2023. This compared to £24,000 spent in 2022.
We continued providing support in other ways where other charities may be unable. Exarnples included paying for
psychotherapy sessions for children or funding shortfalls for school trips. Agencies have approached us for finan¢ial
help lo re-house individual families fleeing domestic violence by providing ess¢ntial fiJrnitLre and flooring.
As well as generating ￿lld8 through our shops. donated items are an opporthnity for those on lower incomes to buy
clothes, toys and household items.
Total grants awarded in 2023 - 2024 totalled £45,828 excluding £3,200 of grants approved at 31 March 2024 payable in
2024-25.
New tills were introduced to the shops in late 2023. Detailed sales analysis now available provides shop managers and
trustees with to offer mor¢ popular donated goods, making best use of retail areas.The tills also provide easier to sign
up new gift aid donors,Goods donated under gift aid allows to claim an additional 25 /0 from HMRC adding to the
available funds we can give as grants.
The website was updated, allowing for online gift aid donations and up to date on the work of the Gharity. This includes
an ¢lectroni¢ copy of the new brochure Prepared in 2023. The brochure explains the work of the charity wilh some
examples of how we have helped.
Publie benefit
The Trustees review the aims, objectives and activities of the charity in the year. It considers what has been achieved
and the outcomes of their work over the previous 12 months. This considers the Success of each key activity and the
benefits they have brought to those groups of people which the charity was forn]ed to h¢lp. It helps the Trustees ensure
that the aims, objectives and activities of the charity remain focused ou the stated purposes. The Trnstees have referred
to guidance contained in the Charity Commission's g¢n¢ral guidance on public benefit when reviewing the aims and
obje¢tives, and in planning ￿tUre activities. In particular, the Trustees have considered how planned activities will
contribute to the aims and objectives they have set.
Page I

THE TANTUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 March 2024
OBJECTIVES AND ACTIVITIES
Volunteers
The Charity relies on the generous support of over 40 volunteers who give up their time to assist in our shops.
This ranges from serving customers, sorting donations ready for sale or valuing items. The pandemic saw the charity
retail sector .8uffered a 200/. drop in volunteers who decidcd not lo return when retail reopcncd. The Charity did not
suffer as badly and has been fortunale to have recruited replacement volunteers allowing all shops to trade norn]ally.
Thc charity provide8 the opporlunity for younger volunteers on iheir Duke of Edinburgh Award schemc who hclp out
8lc)ng8idL cxi.sting volunteers.
FINANCIAL REVIEW
Principal funding sollrces
Thc Charity rclic% almo%t cntircly on thc gcnciou% donations of clothes and other goods to be sold through four retail
outlets. Retail incomc recovcred further in 2023-24 and totalled £256,345 compared with £239,439 in 2022-23.
Bags and Rags collections also rose lo £7.611 from £7,294 in 2022-23.
Donations from g¢n¢rous individuals. the ChalliGe Fund in Haslemere and endowment income from historical donations
to The Hampshire and Isle of Wight Community Fund totalled £25,006 on par with the previous year.
Reserves poliey
The Trustees have considered what minimum financial reserves The Tantum T￿st (Trr) should seek to maintain in
order to meet the unexpected impact of reduced or zero income. Based on a detailed review of its ongoing financial
obligations the Trustees have assessed that £IOO,000 would provide sufficient reserves to meet the following.. This is
unchanged from the previous year.
l. The estimated ¢ost of TfT's lease commitments for its reiail and office preinises for a period of twelve months.
2. The settlement of statutory redundancy obligations to staff if the relail operations had to close for up lo a year.
3. Other ov¢rheads, such as insurdnce, which would need to be continued even if the shops and office were closed for
business.
The Trustees, policy has been influenced as a result of the Covid-19 pandemic and the requirement to close the charity's
retail units for various periods with the accompanying loss of revenue. The Trustees acknowledge that rrr has limited
scope for increasing its income faced with another similar scenario.
FUTURE PLANS
Emphasis 1% on increasing shop income through higher gin aid inLome. Signirjg up more donors ￿SIng the simplifled
process of the tills is beginning lo show through. Since the year-end new donor sign up has doubled leading to higher
HMRC gift aid reclaim.
A retail focu%ed trustee was recrnited in July 2024 to a88l%t 8hop managers on intemal layout and our offering. Improved
ales reporting of the most popular itcm%, particular ladies fashions should see betler use of Ictail areas.
We continue to promotc our name in the local area through awarcncss of our to give to those in nccd in the local
ommunity. Local businesses and .g¢hoo18 choosc to fund raise for us.
We are looking to increase our support of pupils in local schools. The consequences of the pandemic and lockdowns on
pupils is now presenting itself. Pressure on school budgets restricts how much is available to fi]nd targeted therapy. We
have already agreed to fL￿d additional Speech and Language Therapy (SaLT) sessions at a local infant school.
Page 2

THE TANTUM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing documLnt
The charity is controlled by its governing document, a trnst deed constiNt¢s its¢lf as a charity incorporated
organisation (CIO) under UK Charity Cornmission law.A copy of the latest trust deed is available online from the
Charity Commission.
Recruitment and appointment of lleiv IrustCCS
New Trnbtees are %ubjcct to a fonnal induction process, which includes introductions to their legal obligations under
Charity l.aw, the relcvant Charity Commi.s.sion's guidance. such as on public benefit, the Charity's governing documents,
thc committLC structure and deci8ion-making processes, and recent financial perforiDaiicc of thc Lharity. Trustecs are
recruited based upon their skills, sector knowledge and experience and may attend relevant courses as training to
enhance their knowlcdge and the undertaking of iheir role.
REFERENCE AND ADMINISTRATIVE DLTAILS
ReEistered Charity number
1153712
Principal address
Uiiit 29
Passfi¢ld Business Park
Lynchborough Road
Passfteld Liphook
Hampshire
GU30 7SB
Trustees
J Bonnett (resigned I3.8.24)
M Lawden (resigned 31.12.24)
V Prior
M J Traviss FCA
J Barnard (resigned 14.8.24)
Ms J Slater
G Vernor- Miles
J Atkinson (appointed 3.4.23)
A Nobes (appointed 25.7.24)
Mrs II Stevens (appointed 30.10.24)
Independent Examiner
J IIolland-Leader FCA
Knox Cropper LLP
OffiLe suitc I
Haslcmere House
Lower Street
I.Iaslemere
Surrey
GU27 2PE
Approved by order of the board of trustees on 16 January 2025 and signed on its behalf by..
M J Traviss - Trustee
Page 3

INDEPENDF,NT Li XAMINfi R'S REPORT TO THE TRUSTELS OF
I'HE TANTUM TRiLST
liidependeiit exnni1n￿ 8 repoi't to the tru$tees of 'fkne'fnntiiin Triisl
I r4)011 to tli¢ cliarily Iru81ees on my examinAtion ot tho aoGount.4 of Thc TNntum Tnist (tlic Trn81) for tli¢ yc8r eThd¢d
31 MAr6112024,
Rcspoiislbilltles And hn418 of i'eport
As Ihe Gliarity INslee8 of tlie TniAt you are It8PQn8iblc for tlic preparniinll of the n¢county In accordance wlth the
'rcquirem¢iitg of the Charilie8 Act 2011 Cth¢ Acrfi.
I r¢porl in r¢spetyl ofiiiy ¥xainination of ihe TTh¥L'% accoiinty Latricd out uii(ki' S¢Glioi) 145 ot. th¢ Atst anil ift c8wying oiit
iiiy ¥xainiiMlioii I liaye followcd all Rpplicllble DiirGiioii% givcn by Ili¢ Cliarily Coiiukni&sion undET Seclioii 145(5)(b) of
Indepeiideiit exR?niner's Statement
Siii¢¥ yow. oh￿.1[￿S gro¥s iiKoJs]e exceedcd £250,OIXJ )￿￿T exoinirtei. In￿$1 be a Inembcr of a listcd body. I can ¢ODfirni
thiit I gni qLialified to lind￿￿kL. Ihe cxall)i1141ion b¢¢aus¢ L a nicmher of the Institutc ol Charlered Accountants in
F.ngland anil Wale& wliicli is one ofihe li¥l¢d l)odi¢i.
I liave rompleled my examinaliDn. I confirni thol no n)aterial mattw& havc coine lo otlontion im connv￿lIn1i with thc
exxmlnation giving Ine cause lo belicve Ihul iii mnterial re￿ectr
ounling rccords were not kwt in TE8pecl vf tli¢ Tru8t aB reqiui'ed by S￿lI0n 130 ofih¢ A¢l,' or
th¢ D¢GNinls do not accord wilh Ilioqe rc¢ords' or
th¢ R￿Qui]ts do not coniyly witli Ihc applicabl¢ oun¢enJlttg tI16 forni llnd ¢oii¢ei)t of aGcoun18 Bet oui
in Ihe Choriri08 (A¢coLin18 ftiid Roporls) RegulmiioJ)% 2008 011]er than any requir¢ih¢nt (hal Ihc 4Ggounts give
Ii'ue and fair vi¢w wliich is i?ol a iiial¢¢r considered as pail of ali indcpend¢nt ¢xaminalioii.
I no ooiicems Oiid l)Ave Come [￿J￿$S no oiher matl¢r% ii) coniieclioii witli ihe exjinination LL) which attentloll ghould
be drawn iii Ibis repoit iii order IL) enabl¢ a prop¢r iii?dors'lattding of Ilie A¢¢oiiiits' ¢0 bc ￿aChed.
J 540114lld-Lcader FCA
The In¥littile of Chartered A￿0￿1)IanLI in England and Walox
Kno.x Cropper LIP
otrice Suitc I
lJa8lemere House
Low¢i- Siretsl
Ha¥lttTncre
U27 2F
Zts
Pa8¢ 4

THE TANTUM TRUST
STATEMENT OF FINANCIAL ACTIvrriES
FOR THE YEAR ETr4DED 31 March 2024
2024
Total
funds
2023
Total
Unrestricted
fimd
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
39J69
39J69
42.434
Other trading activities
Investment income
263.956
3,768
263,956
3,768
246,733
490
Total
307,093
307,093
289,657
COST OF SALES ON
Raising funds
6J41
6,341
2,814
Charitable activities
Community grants
Other charitablc activities
45,828
239,786
45,828
239,786
46,642
220,261
Total
291,955
291,955
269,717
NET INCOME
15.138
15,138
19,940
RF.CO]YCII.IATION OF FUNDS
Total funds brought fonvard
187,957
187,957
168,017
TOTAL FUNDS CARRIED FORWARD
203,095
203,095
187,957
The notes forn] part of these financial statements
Page 5

THE TAIYTUM TRUST
BALANCE SHEET
31 March 2024
2024
Total
funds
2023
Tothl
fi￿dS
Unrestricted
fund
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
io
13,684
13,684
53
CURREN'f ASSE"rs
Debiors
Cash at bank and in hand
26,049
178,090
26,049
178,800
27,084
175,575
710
204,139
710
204,849
202,659
CREDITORS
Amvunts falling duc within one year
12
(14,728)
{710)
{15,438)
(14,755)
IYET CURRENT ASSETS
189,411
189,411
187.904
TOTAL ASSETS LESS CURRENT
LIABILITIES
203,095
203,095
187,957
ET ASSETS
203,095
203,095
187,957
FUNDS
Unrestricted ￿ndS
14
203,095
187,957
TOTAL FUNDS
203,095
187,957
The financial statetnents were approved by the Board of Tn￿tee8 and authorised for issue on 16 January 2025 and were
sign¢d on its behalf by..
M J Traviss - Trustee
The notes forni part of these financial statements
Page 6

THE TAINTUM TRUST
NOTES TO THE FINAIYCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
ACCOUNTIIYG POLICIES
Basis of preparing the finanelal statements
The Financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with th¢ Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of
Recommended Practice applicable lo charities preparing their accounts in accoTdanGe with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial R¢porling Standard applicable in the UK and Republic of
Ireland, and the Charitie8 A¢t 2011. The financial statements have been prepared under the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a l¢gal OT constructive obligation commilling the
charity to that expenditure, 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 is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the 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.
Grants offered subject to ¢onditions which have not been met at the year end date are noted as a commitment but
not accrned as expendI￿re.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery
Fixtures and fittings
25 % on reducing balance
25 % on reducing balance and 150/0 on cost
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund aeeounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted ￿ndS can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial gtatemenls.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of FinancAal Activities on a straight line basis
over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pei)sion scheme operated by The National Employment Saving Tnjst
(NEST). Contributions to NEST are charged lo the Statement of Financial activities in the period to which they
relate.
Page 7
continued...

THE TANTUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2024
OTHER TRADING ACTIVITIES
2024
2023
Shop income
Bags and rags collection
256,345
7,611
239,439
7,294
263,956
246,733
INVESTMELYT INCOM
2024
2023
Deposit account interest
3,768
490
RAISING FUNDS
Other trading activitie5
2024
2023
Purchases
6,341
2,814
CHAIUTABLE ACTIVITIES COSTS
Grant
f￿]di1]g of
activities
Support
costs (see
note 6)
Totals
Community grants
Other charitable activities
45,828
45,828
239,786
239,786
45,828
239,786
285,614
SUPPORT COSTS
G0ven￿nCe
9Sts
Management
I,-inwice
Other
Totals
Other charitable activities
228,521
7,464
1,107
2,694
239,786
Page 8
continued..

THE TANTUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - eontinued
FOR THE YEAR ENDED 31 Mareh 2024
SUPPORT COSTS - eontinued
Support costs, included in the above. are as follows:
2024
Other
charitable
activities
2023
Total
activities
Wages
Social security
Pensions
Rent and rates
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Repair8 and maintenance
Cleaning
Travel
133,274
2,460
2,803
58,273
10,154
4,173
1,397
917
2,580
4,402
813
200
3,991
2,118
966
3,189
60
4,215
1,107
1,800
894
124,919
893
1,701
56,761
10,787
2J85
1,415
256
1,964
3,587
597
694
3,688
1,537
18
3,862
72
2,885
Volunteer expenses
Depreciation tangible assets
Insurdnc
Bank charges
Card fees
Lease renewal costs
Independcnt examiners fee
Payroll services
1,250
990
239,786
220,261
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, r¢muneralion or oth¢r benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees, expenses
Thcre were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Page 9
continued...

THE TAIYTUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR Ef4DED 31 March 2024
STAFF COSTS
2024
2023
Wages and salaries
Social Security cosls
Other pension costs
133,274
2,460
2,803
124.919
893
1,701
138,537
127,513
The average monthly number of employees during the year was as follows..
2024
2023
Part time administration
Parl time shop employees
No employe¢s received en]oluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Reslricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
42,434
42.434
Other trading activities
Investment income
246,733
490
246,733
490
Total
289,657
289,657
COST OF SALES ON
Raising funds
2,814
2,814
Charitable activities
Community grants
Other charitable activities
46,642
220,261
46,642
220,261
Total
269,717
269,717
NET INCOME
19,940
19,940
RECONCILIATION OF FUNDS
Total funds brought forward
l68,Ol7
168,017
TOTAL FUNDS CARRIED FORWARD
187,957
187,957
Page 10
continued...

THE TANTUM TRUST
NOTES TO THE FINANCIAL STATEMEIYTS - continued
FOR THE YEAR ENDED 31 March 2024
io.
TANGIBLE FIXED ASSETS
FiX￿re8
and
fittings
Plant and
machinery
Totals
COST
At l April 2023
Additions
Disposals
22
512
14,596
{512)
534
14,596
(534)
(22)
At 31 March 2024
14.596
14,596
DEPRECIATION
At l April 2023
Charge for year
F.liminatcd on di%po%al
20
461
963
(512)
481
965
(534)
(22)
At 31 March 2024
912
912
NET BOOK VALUE
At 31 March 2024
13,684
13,684
At 31 March 2023
51
53
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
VAT
Prepayments
9,792
3,289
12,908
8,685
3,607
14,792
26,049
27,084
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade credilors
Taxation and social security
Other creditor8
2,395
989
12,054
1,684
771
12.300
15,438
14,755
Pagell
Continu￿..

THE TAINTUM TRUST
NOTES TO THE FINANCIAL STATEMFNTS - continued
FOR THE YEAR Ef4DED 31 March 2024
13.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Belween one and five years
In inore than five years
42,000
107,158
17,500
40,000
146.417
31,260
106,658
217,677
14.
MOVEMLlY'f IN PUNDS
Net
movement
in ￿ndS
At
31.3.24
At l.4.23
Unrestricted funds
General fund
187,957
15,138
203,095
TOTAL FUIYDS
187,957
15,138
203,095
Net movement in fimds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
307,093
(291,955)
15,138
TOTAL FUNDS
307,093
(291,95S)
15,138
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted fund5
General fiu]d
168.017
19,940
187.957
TOTAL FUL¥IDS
168,017
19,940
187.957
Pag¢ 12
continued...

THE TANTUM TRUST
NOTES TO THE FINANCIAL STATEMENTS - Contlnued
FOR THE YEAR ENDED 31 March 2024
14.
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incorning
resources
Resources
expended
Movernent
in fimds
Unrestrficted funds
General fund
289,657
(269,717)
19,940
TOTAL FUNDS
289,657
(269,717)
19,940
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
168,017
35,078
203,095
TOTAL FUNDS
168.017
35,078
203,095
A current year 12 months and prior year 12 months combined net movement in fi￿ds, included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in ￿lldS
Unrestricted fund5
General fund
596,750
(561,672)
35,078
TOT AL FUTr4DS
596,750
(561,672)
35,078
15.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 13
¢ontinued.-

THE TANTUM TRUST
NOTES TO THE FINAT4CIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 March 2024
16.
VOLUNTEERS
The Charity relies on the generous support of over 40 volunteers who give up their time to assist in our shops.
This ranges from serving customers, Sorting donations ready for sale or valuing items. The pandemic saw the
charity retail 8e¢tor suffered a 200/0 drop in volunteers who decided not to return when retail reopened. The
Charity did not suffcr as badly and has been fornmat¢ to hav¢ recruit¢d replacement volunteers allowing all
shops to trade norn]ally.
The charity provides the opportunity for younger volunteers on their Duke of Edinburgh Award sch¢me who help
out alongside existing volunteers.
Page 14