REGISTERED CHARITY NUMBER: 1158503
Report of the Trustees and
Unaudited Financial Statements FOR THE YEAR ENDED 31 August 2024
for
TECHNOLOGY AWARENESS GROUP
Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH
TECHNOLOGY AWARENESS GROUP
Contents of the Financial Statements FOR THE YEAR ENDED 31 AUGUST 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
TECHNOLOGY AWARENESS GROUP
Report of the Trustees FOR THE YEAR ENDED 31 AUGUST 2024
The trustees present their report with the financial statements of the charity for the year ended 31 August 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 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objects are the advancement of the protection of the public, including children and young people and particularly to protect them from harm arising from contact with unsuitable material on the Internet or similar media, and there has been no change in these during the year.
Public benefit
The trustees confirm their compliance with the duty to have due regard to the Public Benefit guidance issued by the Charity Commission when reviewing the charity's aims and objectives in planning future activities.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We were privileged to reach out to audiences across the UK working both with schools and parental groups to raise awareness and provide advice on the various tools which can be used for filtering and content selection. Our volunteers were instrumental in helping schools develop curriculum to instil good digital safety habits in students, in keeping with their values and governmental recommendations.
Always on the look-out for new technology which can help in providing better filtering solutions,we were able to shepherd the development of exciting new tools both hardware and software which give greater granular control to parents and further assurances that their children aren't being exposed to excessive or inappropriate content online.
In the year under review the charity generated income of £53,896 (2023:£88,408) and incurred expenses of £93,070 (2023:£111,523) resulting in net outgoing resources of £39,174 (2023:£23,115).
FINANCIAL REVIEW
Financial position
The charity's statement of financial activities shows total reserves of £39,174 deficit (2023: £254). The trustees have furthered their fundraising efforts post year end to ensure the charity can meet its reserves policy below.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level which will not impinge on its ability to continue with its charitable activities.
The trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1158503
Principal address
13 Portsdown Avenue London NW11 0NH
Trustees
Z Roth Rabbi Y Weiss Rabbi H Hager
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TECHNOLOGY AWARENESS GROUP
Report of the Trustees
FOR THE YEAR ENDED 31 AUGUST 2024
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH
Approved by order of the board of trustees on 30 June 2025 and signed on its behalf by:
Z Roth - Trustee
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Independent Examiner's Report to the Trustees of Technology Awareness Group
Independent examiner's report to the trustees of Technology Awareness Group
I report to the charity trustees on my examination of the accounts of Technology Awareness Group (the Trust) for the year ended 31 August 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 accounts to be reached.
Danny Fine
Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH
30 June 2025
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TECHNOLOGY AWARENESS GROUP
Statement of Financial Activities
FOR THE YEAR ENDED 31 AUGUST 2024
| 2024 Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 47,655 Charitable activities Charitable activities 6,241 Total 53,896 EXPENDITURE ON Raising funds - Charitable activities Charitable activities 93,070 Total 93,070 NET INCOME/(EXPENDITURE) (39,174) RECONCILIATION OF FUNDS Total funds brought forward 255 TOTAL FUNDS CARRIED FORWARD (38,919) |
2023 Total funds £ 76,289 12,119 88,408 9,606 101,916 111,522 (23,114) 23,369 255 |
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The notes form part of these financial statements
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TECHNOLOGY AWARENESS GROUP
Balance Sheet
31 AUGUST 2024
| 2024 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 1,940 CURRENT ASSETS Debtors 6 - Cash at bank 3,758 3,758 CREDITORS Amounts falling due within one year 7 (44,617) NET CURRENT ASSETS/(LIABILITIES) (40,859) TOTAL ASSETS LESS CURRENT LIABILITIES (38,919) NET ASSETS/(LIABILITIES) (38,919) FUNDS Unrestricted funds (38,919) TOTAL FUNDS (38,919) |
2023 Total funds £ 2,587 1,200 5,448 6,648 (8,980) (2,332) 255 255 255 255 |
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The financial statements were approved by the Board of Trustees and authorised for issue on 30 June 2025 and were signed on its behalf by:
Z Roth - Trustee
The notes form part of these financial statements
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TECHNOLOGY AWARENESS GROUP
Notes to the Financial Statements FOR THE YEAR ENDED 31 AUGUST 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 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 legal or constructive obligation committing 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 conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds 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 statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
continued...
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TECHNOLOGY AWARENESS GROUP
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 AUGUST 2024
3. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Employees No employees received emoluments in excess of £60,000. 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Charitable activities Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 5. TANGIBLE FIXED ASSETS COST At 1 September 2023 and 31 August 2024 DEPRECIATION At 1 September 2023 Charge for year At 31 August 2024 NET BOOK VALUE At 31 August 2024 At 31 August 2023 |
2024 2023 9 8 Unrestricted fund £ 76,289 12,119 88,408 9,606 101,916 111,522 (23,114) 23,369 255 Plant and machinery £ 7,052 4,465 647 5,112 1,940 2,587 |
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continued...
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TECHNOLOGY AWARENESS GROUP
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 AUGUST 2024
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
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|---|---|---|---|
| Trade debtors 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors |
2024 £ - 2024 £ - 1,130 43,487 44,617 |
2023 £ 1,200 2023 £ 180 181 8,619 8,980 |
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8. RELATED PARTY DISCLOSURES
Included within other creditors is £15,000 (2023: £10,000) lent to the charity by trustees.
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