2025-08-31-accounts

Charity name:	TACT — The Association of Corporate Trustees
Charity number:	1164602
Companynumber:	09744409
Principal Office:	2ndFloor, 70 Gracechurch Street
	London
	EC3V OHR
Registered Office:	2ndFloor,70 Gracechurch Street
	London
	EC3V OHR
Ouradvisers:
IndependentExaminers:	KnoxCropper LLP, 65 LeadenhallStreet, London EC3A2AD
Bankers:	Barclays Bank PLC, 240 Whitechapel Rd, London El IBJ

		Unrestricted	Unrestricted
		Funds	Funds
	Note	2025	2024
Income from:
Charitable activities	2	48,564	50,027
TotalIncome		48,564	50,027
Expenditure on:
Charitable activities	3	69,696	58,617
Total Expenditure		69,696	58,617
Net gains/(losses) on investments	5	246	9,925
Net income/(expenditure)		(20,886)	1,335
Total funds brought forward		120,662	119,327
Totalfunds carried forward		99,776	120,662

	Note	2025	2024
Current Assets:
Debtors and prepayments	4	22,068	30,430
Investments	5	76,468	86,222
Cash at bank	6	4,032	5,989
Total current assets		102,568	122,641
Liabilities:
Creditors:Amounts falling due within one year	7	2,792	1,979
TotalNet Assets		99,776	120,662
The funds of the charity:
Unrestricted funds:
General Funds		99,776	120,662
Totalcharity funds		99,776	120,662

		2025	2024
2.	Income from charitable activities
	Membersubscriptions	36,154	39,667
	Associate Membersubscriptions	260	260
	Professional Membersubscriptions	12,150	9,900
	Bankcompensation		200
		48,564	50,027
3.	Expenditure on charitable activities
	Computer software costs	312	312
	Website costs	2,126	1,838
	ChiefExecutive fees	31,752	31,952
	Event costs	26,849	13,324
	Promotion and Marketing		360
	Independent examination fees	2,076	1,956
	Legal fees	4,439	6,852
	Compliance costs	40	17
	Insurance	298
	Bankcharges	12	6
	Office costs	1,714	1,669
	Telephone costs	78
	Courier costs		17
	Charitable donation		200
		69,696	58,617
4.	Debtors and prepayments
	Tradedebtors	2,596	2,495
	Prepaid website costs	1,268	1,492
	Prepaid office costs
	Prepaid event costs	18,204	26,443
		22,068	30,430

			2025	2024
5.	Investments
	COIF Charities Global Equity Income Fund Accumulation
	Units
	15,134.1700	Units acquired 28 April2016
	Market Value 1 September2024		86,222	76,297
		Additions
	(1,722.7419)	Units sold 11 October 2024	(9,999)
	13 411. 281
		Realised gains/(losses)	185
		Unrealised gains/(losses)	60	9,925
		Marl<et Value 31 August 2025	76,468	86,222
6.	Cash at bank
	Barclays Bank PLC		4,032	5,989
			4,032	5,989
7.	Creditors: Amounts falling duewithin one year
	Independent	Examination fees	2,076	1,956
	Websitecosts
	Legal fees		693
	Compliance costs		23	23
			2,792	1,979

	Notes to theAccounts for the year ended 31	August 2025
		2025	2024
9.	Remuneration received by key management personnel
	Fees were paid to RenaissanceTrust Corporation Limited for the
	services of Scott Clayton as the ChiefExecutive for day to day
	administration services and dinner organisation as follows:
	ChiefExecutive fees (per Note 3)	31,752	31,952
	Total ChiefExecutive fees	31,752	31,952
10.	Related party transactions