REGISTERED CHARITY NUMBER: 1168505 Financial rnents for eye for ol of Tai Chi Chuan Lts a Charitsble Inco oraied
School of Charitable Inco rated Or nisation Conl for the Year En nt st 2025 Page Report of the Trustees Ststement of Financial A¢tiwties Balance Sheet Notes to the Finatteial Statements D¢t2iled Staiem¢nt of Finallcial Activi¢tes 12 10 13
choo le Inco orated nisation rustees rEnded31 Au for th t 2025 The wiees who are also directors of (he charity for the purposes of the Compdtties A¢1 2006: prcsent their report with the financial Statements of the charity for the year end¢d 31 August 2025. The m]stees have adopred ihe provisions of AccouniTrng and Reporting by Charities.. Statement of Recomm¢nd¢d Practice #pplicable to Charities preparing their accounts in a¢cordanc¢ with th¢ Financial Reporting Standard applicdblc in the UK and Republic of Ireland IFRS 1021 leffective I January 2019). STRucfuRE, GOVERJ¥ANCE AND MANAGEMEIIT Govemitts documenl The chariry is Controlled by its governing dOent thd is Constituted &s a Charitable Incorporaied Organisatton as defined by the Charitie5 Aci 2011. REFERENCE AND ADMIfJSTRATIVE DETAILS Registered Company number CE007175 {England and Wales) Registered Charlty number 1168505 Registered offiet 30 Arund¢l GardeD L4)ndon W112LB Trustees BaTbara Carlisle Ire5]d 15.2.261 Danyal Sattar (r¢5Egned 15.2.261 Edward Johnson {r¢sied 15.2.261 Erica Crome (resied 15.2.26) Sunil Hirdni Mria Lugos {app)inted 15.2.26) Kenneth Hobson (appointed 15.2.26) Matthew Hillmer {appoit)ted 15.2.261 Helen W'innelt (appoinied 15.2.26) Pag¢ I
T'ai Fitable I ondo orated Or ¢0 iort ortofth for the Year End tee 3IA 2025 IntroductioB For over forty years, our group of teachers have b¢¢n leachin8 T'ai Chi in London on a not-for-profit basis. We are pleased to present our Seventh Tepon and accounts as a charity. We are pan of 2n international nenvoTk of fai Chi teachers through ihe T'ai Chi Foundaliorn a US not- for-profii. Our maiti European couTrterpart is our sistr school sn Amsterdam which is the Dutch eqlliv21ent of a charity. a Siichiin8. We have teachers in our network in the LtK in St Albans and Henfordshire, Lancaster and the Thames Valley. Their schools are not part of our legal structure but we recognise thtm as fellow teachers in our wider School. Our obl¢¢ts The obje¢t5 of the CIO are.. (i) To promote and protect the physical and mentrl health of people in the UK and internationally, through Ihe study and Teaching of Tai Chi Chu8n liil Tbe promotion of ¢0MUnitY participation iti healthy r¢¢reation in parti¢u]ar bj. the teacbing of Tai Chi Chuan for the benefit of the public. liiil To advance the education of the publi¢ in general on the subje¢r of T'ai Chi Chuan and particularly th¢ Yartg Style Short Fornj and a&sociaied health and mediiaiic)n PTarlic¢s of th¢ T'ai Chi FoutJ(la¢ion Public beD¢flt Our main benefit to the public 15 Ihrou8h tea¢bing T'ai Chi. As well as a long historic tradiiiots 8$ 8 practic¢ for he8lih and wellbting, there Is incre&%ing evidence from Westcrn medicin¢ of th¢ benefits of T'ai Cbi for physical hLalth through txercise and stress reductiOEL Our classes it) London teach Tai Chi io the general public. allowing thetn to experienee the effects of Tai Chi themselves. ]kning the period, we have t2vght a range of class¢5 in our Curriculu from tbe begiDllers' cl¥ses io nK>re advanced Tai Chi forni ¢la5s¢s as well ag a Tesidential sumJneT holiday training. W2th a strong team of up to 20 qualified T'ai Cbi leA¢hers 10 draw w¢ exprft to continue a good tange of classes ov¢r the coming year as we did the last yur. As well as our regular central Londot) classes at Si A[e'S Comtnunity Centre in Dean Sie4 Soho, Central London, contjDue with teaching at Age Exchange in Blackheath, in Southe2St London. Cl&%ses are remainitt8 popular at botb venues. We ron our third post paDd¢Tnic ressdential SumTner Holiday IraiEJing Èn the summer of 2024. once &gain ID Ch¢ltenbam. This activity has a significani impact on our finances. as set out in the next seetion. FinADces This is the ei8hth period With Charity account5. While our in actjvjry is in delivering ela$s¢s ill our LtsndoJ lo¢ations. th¢ biggest inc¢)me and expenditure is from our summer tsaining. across nine days. This Is because 311 the expenditure of accommodation. board and lodwng for parhcipants 15 in¢luded iti the illcome and expendinlre of the training. We hav¢ been T1n¥ sumD]er pro8rammes for ov¢r 40 years as a wideT School and PLriodicallyy we in London tak¢ on the job of njnning a summer training for the Mryder sch4)ol. We are TufllJin8 the iraining again in the surTun¢r of 2025. so our accounts next ye2r Hill Tcflect this ¢hxritable trading once mor. We will be carryi¥ out a periodEc r¢view of whether we run the summer training agaitt. after this AIning. or seek to have another branch tsf the wider Tai Chi Foundation take il on. Overall. our finances are tn good health for a small Lh2rity. Rlsks Page 2
lofT' a Charitsb uan nco nisation Trustees f the Year En 31Au t 2025 Our primary risk is the health and wellbeing of our students. Our primary proieciion again hami Is the qualiry of our a¢hin8. We bave a safcguarding policy. to ensure that we are protecting potentially lnerable students and adults M"ho Jnay atrend OUT classe5. A rang¢ of other risks are also ¢ovcred. Conclu$loll Our in-person Classes have recovered io pre-pandemic lev¢ls, prOVidng the health benefits of Tai Chi to a wide 8roup of students. 11¢ everyone the very besr health and u'ellbeing ov¢r ihe )'ear tu come. On B¢h&lf of the Trustees of the School of T'ai Chi Chuan. London. Approved bj order of th¢ board of tNsie¢s on . . and signcd on its behalf by.. fv+Vi t Trusicc Page 3
ool of T'ai Chi ble Inco uan rated on ani ation tement of Finan forthey rEn ial Ac 31 Au 12025 31.8.25 Unresirict¢d fund 31.8.24 Toial funds Notes IFICOME AfsD ENDOWMET4TS FROM Donation5 and legacie5 81.126 88.562 Investment inc4)me 189 79 Totsl 81.315 88,641 EXPENDITURE ON Raising funds 67.332 68.909 Other 10,144 9,859 Totsl 77.476 78.768 NET INCOME 3,839 9,873 RECONCILL4TION OF FUP4DS Total fithd5 brought fonvard 25.858 15.985 TOTAL Fuf4DS CARRIED FORWARD 29,697 25,858 The notes fomi part of these fLnart¢ial statemeols P&Ee 4
ritsble tnco ora ni tion 31Au 31.8.25 Usjtestri¢t¢d fund 31.8.24 Total nds Notes CURRENf ASSETS Stocks Casb at bank 530 31,073 564 28,691 31,603 29,255 CREDITORS Amounts falling due within one year {1,906) 13,3971 r4ET CURRENT ASSETS 29,697 25,858 TOTAL ASSETS LESS CURREP4T LIABILITIES 29,697 25.858 IYET ASSETS 29,697 25,858 FUPIDS Unresiricted fwids 29,697 25,858 TOTAL FUNDS 29.697 25,858 The ¢haritabl¢ compaljy i5 entitled to exetnption from auth't Under Seetion 477 of the Companies Ac(2006 for the year ended 31 Augusi 2025. The rnembers have not r¢qllired the company w obtain an audit of its financial statements for the year •Jd¢d 31 August 2025 in a¢¢ordaRc¢ 7th Se¢tion 476 of th¢ CoTtV3nie5 Act 2006. The Mlee$ ackrtow'ledge their responsibilities for la) ensuring that the charitable company keeps 8¢eounting reeords that ¢omply wtth Sections 386 and 387 of the Companies Aci 2006 and preparing financial ststemenrs whi¢h give a tsu¢ and fair NTrew of the state of affairs of the ¢h8ritable cornpany as at the end of ¢4¢h financial ycar and of itb SUluS or d¢fJrii for each fI]n¢la1 year in accordance wilh the requirements of Sections 394 and 395 and wthich othcnhisc complv with the r¢quirements of th¢ Companics Act 2006 relatirtg to fuJancLal ststetnents, so far as appliedble to the charitable compatty. Ib) The ttotes fornipart of these financial stsiemenl$ Pa8e 5 ¢ontinu¢d...
table Inco orated OF Balance continued These financial 5taicmcnis have been Prepar in accordan¢¢ with the proi'isions applicable to charitabl¢ companies .%ubj¢ct to thu small conwanies regime. The fsnancial statements were approi'ed by the Board of Ttwstees atld authorised for Issue on and w¢rc signed on its behalf by.. Trustee Tbe notes fomi part of these financial stat¢m¢ttls Page 6
lofTai Charita orated anisatlon Notes to th anci&l for the Year Ended 31 Au L 2025 ACCOUNTING POLICIES B#$i5 of preparfng the finanelal $t4tements The financial Statemen of the chariiable compic ny, thich is a public beiiefit enriry under FRS 102, hal'e been prepared in accordance the Charities SORP IFRS 1021 'Ac¢ounting and Reporting b). Charities.. Ststemeni of Recommended Prdctice applicable to Lharities preparing their accounts in accordance H'iih the Fin2n¢ial R¢porting Staadard applicable the L'K 8nd Republi¢ of Ireland (FRS 10?) {effeciive l January 20191,, Financial Reporting Standard 102 The Finat)¢i81 Reporting Standard applicable in the LK and Republic of Ireland, and the Companies Act 2006. The flnancial statements have be¢n prepared under the hisitsrical Cost conventton. Ineome Ail income is recognised in the StAteTnent of Financial Activities once the charity has en1iiletn1 to the fimds, it is probable that the in¢ome will bc received and rhe 3mount can be measured reliably. Expend5turt Li8biliti¢s are reco1$ed as ¢xpendiftty¢ as s¢)on as there Is a legal or constru¢tii'e obligation comrnittiiig the charity to that eXpendire, it is probable tbat a transfer of economic benefits be Tequired in seiil¢m¢nt and the amount of th¢ obligaiion can be measured reliably. Expenditure i5 accouttted for otj 00 a¢¢ruo1s basis and lias been classified nder h¢adtiig5 that aggregate all cost related to the c®ory. Wl)eTe eosis cannor be dtrecily 8rtributed to particular headings they have been allocated to activiti¢% a basis consisieni ihe Lse of resour¢es. Sto¢ks Stocks aT¢ I'alu¢d ai the lower of c05t and net F¢alisAble value. after making due allowanr¢ for obsol¢t¢ athd slow mtsving items. Tsxattot) The charity 1$ exempi from corporatitsn tax on ils ¢baritable actiYitl¢5. Fund Ac¢oyntlog Unresrricod fwid& ¢all be used in Accordance with the ¢haritsble obj#tives at the dis¢r¢ti(>n of ih¢ trt¢¢$. R¢$tri¢ted fi]nd5 can only be used for particular restricted purwTrses wthin the objects of the charity. Re5tsictio Èrise when 5p¢cified by the d¢)nor or when fimds are raised for panicular re5trict¢d PUTP05es. Further explanation of the natur¢ artd pujpose of each fid is included In the notes io ihe finan¢ral statements. INVESTMEPIT Tr4COME 31.8.25 31.8.24 Interest receiv2ble- tyadiD8 189 79 Page 7 Continued...
ol of T'ai Chi Chuan a Charita ndon Or the in for the Year En ents-c ntin ed31Au RAisIfiG FUNDS R*islDg dollatlon3 atsd le¥acles 31.8.25 31.8.24 Summer residential trasnin8 Support costs 58,188 3,610 61.986 3,623 61.798 65.609 TRUSTEES, REMUNERATION A.YD BENEFETS There were no trustees, remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024. Truste¢s' ¢xp¢llses TheFe were no truste¢s' expenses paid for the year ended 31 August 2025 nor for the year ended 3 1 Augll5r 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIvrriES UJJre$tricted fijnd INCOME AND EIYDOWMEL%TS FROM Dollations and legacies 88.562 Inve5trn¢nt income 79 Totsl 88.641 EXPENDITURE ON Raising futtds 68,909 Other 9,859 Total 78.768 NET INCOME 9.873 RECONCILIATION OF FUNDS Total fEd5 brought forward 15,985 TOTAL FLNDS CARRIED FORWARD 25,858 Page 8 c4>ntinued...
School ritable Inco orat isation e5 to the Fin for the Year nded31 Au STOCKS 31.8.25 31.8.24 Stocks 530 564 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Accn]ed expenses 1.906 3.397 MOVEME7 IN FLIYDS Net tnovetncnt in ndS Ai 1.9.24 31.8.25 UDrestrleted funds Gen¢ral fund 25,858 3.839 29.697 TOTAL FLNDS 25.858 3,839 29.697 Net mov¢mcnt in fiknds, included in the 741x)ve are as follows.. Incoming resources Resowes expended MovetneDt tn funds restricted funds Getteral fitnd 81,315 177.4761 3,839 TOTAL FL74DS 81,315 177,4761 3,839 Comparattves for movement In funds N¢t movemeni its fuods At 31.8.24 Ai 1.9.23 UtEre5trlcted fund$ G¢n¢rnl fimd 15.985 9.873 25.858 TOTAL FLNDS 15.985 9,873 25,858 Pa8e 9 ¢ontinued...
'ai Chi Chuan Charitable I at ndon Notes cial Sta for th YeaT Ended 31 Au 512025 MOVEMEf*T IN FUNDS- coDtffinu¢d Comparativ¢ nei movement in fijnds, irt¢luded in the above are as follows= Incoming resouT¢es Resources expended Movement in funds Unrestricted funds General fimd 88.641 (78,768} 9,873 TOTAL FLNDS 88,641 178,7681 9,873 A curreni year 12 tnonths and prior year 12 months combined position is as follows.. Net nwvement itt fvnds At 31.8.25 At 1.9.23 Unrestrleted funds General fund 15,985 13,712 29.697 TOTAL FLNDS 15.985 13.712 29.697 A eurrent year 12 month5 and prior year 12 months Combined net movement in fur inclu(kd In the above are as follows.. Incoming resource5 Resources ¢xpended MoK'ement IJJ funds Unrestrltted futhds G¢ner81 fimd 169,956 (156.244) 13,712 TOT.4L FLNDS 169.956 1156,2441 13,712 Page 10 contitwed...
ool of Ta a Chari co orated Or anisat20 Not¢5 io the Fi al Sta f rih Year nded31 Au t 2025 REL4TED PARTY DISCLOSURES There were no lated party transacitons for th¢ year ended 31 August 2025. Page 11
Sch rT'ai Chi Charitsble Int orat iled for the Y nded31 A t 2025 31.8.25 31.8.24 INCOME AND ENDOWMENTS DonatioDS and le82¢ies Course fees & related income Sunw)er residential training 22,520 58.606 65.800 81,126 88.562 lttve5tment Income Interesi receivable- tradll 189 79 Totsl lueomlng resources 81.315 88.641 EXPENDITURE RalslDg don2tlon$ and legacle$ Sunwner residettiial trainin 58,188 61.986 Other tr&dlMg 4¢tivities Li¢¢nsing 5,534 3,300 Other Rent & rates 10.144 9.859 Support cosis Management tllsuraDce Telephone Postsge and sthtionery 468 189 90 451 168 89 747 708 inance Bank charses 386 450 Other Etti¢rtaullnent 241 136 Other I Advertising 141 204 Oth¢r 3 Sundries 1.135 I,325 This page does #ot fornl part of the stattttory financial statements Page 12
ool of T'ai le Inco orat anisation tsiled for tl) te Ended 31 Au t 2025 31.8.25 31.8.24 Other 3 Governance costs Aceountsncy fees 960 800 Total resources expettded 77,476 78.768 Iyet Income 3,839 9,873 This page doe$ not form part of ihe statutory financial statements Page 13