Tale2Tail
Report of the Trustees Report of the Trustees For the year ended 31 December 2020 For the year ended 31 December 2020
Registered Charity 1176250Registered Charity 1176250
Tale2Tail. Registered Charity 1176250
Structure, Governance & Management
TRUSTEES
O Ruggles-Brise
Chairman:
Treasurer:
R. Lowe
Trustees J Aldous
Chief Executive Officer
K Studholme
Registered Office:
Unit 2, 5 & 6, Second Floor 39-41 High Street New Malden, Surrey KT3 4BY
Charity Registered Number: 1176250
Governing Document:
Trust Deed adopted 9 November 2017
Governing Document
Tale2Tail is a registered Charitable Incorporated Organisation and is governed by the rules of the Tale2Tail constitution dated 9 November 2017 and registered by the Charities Commission on 13 December 2017.
Methods of Recruiting and Appointing Trustees
Trustees are appointed from time to time, as necessary, by the society in General Meeting from ordinary or honorary life members who are willing to be so appointed.
Legal Constitution:
Organisation Structure
Charitable Incorporated Organisation
Bankers:
HSBC UK Bank plc 5 Wimbledon Hill Road Wimbledon London
The Charity is managed by the Officers, Chairman, Secretary, and Treasurer who, with Trustees, meet monthly to conduct the business of the Charity. They are assisted by volunteers and various ad-hoc groups as the need arises.
Tale2Tail. Registered Charity 1176250
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Objectives and activities for the public benefit
Constitution
Tale2Tail is a registered Charitable Incorporated Organisation and is governed by the rules of the Tale2Tail constitution dated 9 November 2017.
The Constitution of the Charity provides that the objects of the charity are:
- To promote for the benefit of the public the conservation of endangered wild animals in their natural habitat and their protection from extinction including, without limitation, the preservation of Asian and African elephants, rhino, giraffe, cheetah, big cats, pangolin and orangutans.
We believe stories can change the world.
- To advance the education of the public, in particular children under the age of 16 years, on matters relating to animal conservation, protection of animal habitats and biodiversity, preservation of the national environment with a view to increasing awareness of the risks of extinction caused by hunting and the ivory trade.
By telling children the true story of the cost of ivory, we can ensure elephants will still be a reality in the wild when those children are reading stories to their own children.
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Tale2Tail. Registered Charity 1176250
Achievements during 2020 – a year of building on solid foundations
Key achievements
Despite the impact of the Covid-19 pandemic, the Charity progressed its objectives through 2020 by building on the successful foundations laid in the prior three years.
Tale2Tail was invited by the Department of Environment, Food and Rural Affairs (DEFRA) to commence its objective deliverable of promoting awareness and delivering education to children through its translation of education packs and video sub-titles into French, Spanish and Mandarin for dissemination in schools with the help of a Department of Food and Rural Affairs grant under their Illegal Wildlife Trade program.
This work was commissioned in March 2020 and completed in September 2020.
Tale2Tail. Registered Charity 1176250
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Financial review & Risk Management
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Copyright David Yarrow
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Financial review
The financial procedure has been fully set up in order to record all the transactions in a correct and accurate manner to reflect the true and fair value of the finance for the charity.
The Charity undertook fundraising for establishment of activities and ended the year with a net cash surplus of £4,090.
Full details of income and expenditure, together with the Charity’s balance sheet and notes thereto are included in the Financial Report of the Trustees for the year ending 31 December 2020.
Risk Management
Major risks to which the charity faced have been identified. The trustees will set up the appropriate and robust financial procedure and budget for the coming year and the committee members will have regular meetings in order to monitor, control, analyse and review the business activities.
By doing so, the charity will be able to identify the risks and develop a best possible remedy to deal with in an effective and efficient way.
Tale2Tail. Registered Charity 1176250
Future plans
Plan for the future
The Trustees will continuously find a way to improve every aspect of Tale2Tail by vigorously implementing the transparent financial procedures, quality control and in delivering high quality distribution platforms, creative and educational content in accordance with the objects of the charity.
By leveraging government funding, such as the DEFRA grant awarded provisionally in 2018 and executed in early 2019 and successfully repeated in 2020 for pack translations, the charity has proven a sustainable model of content creation for the benefit of schools, children and their families.
Furthermore, we will continue to find other sources of funding to support our charitable objectives, as we aim to scale our capabilities and repeat this successful educational model.
We are proud that we have proven this model in such a short timeframe and received a secondary grant from DEFRA as recognition of our strength in delivering highly creative educational content.
Tale2Tail. Registered Charity 1176250
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Ways to help
Help us get our education packs into schools Connect us with people Donate Social Media - Lend your personal or corporate voice to our cause
Spread the word
www.tale2tail.org info@tale2tail.org
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Tale2Tail. Registered Charity 1176250
Charity Number 1176250 Tale2Tail Trustees, Report and Unaudited Financial Statements for the year ended 31 December 2020
Contents Page General Information Annual Reports of The Trustees Independent Examiner's Report Slalemenl of Financial Activities Balance Sheet Notes to the Financial Slalemenls 9-13
Tal82Tail General Infomiation TRUSTEES Chairman.. O Ruggles-Bri8e Tr•asur8r: R. Lowe Truste85 J Aldous Reglstered Office.. Unit 2. 5 & 6, Second Floor 39-41 High Street New Malden. Surrey KT3 4BY Charity Registered Number.. 1176250 Governing Do¢umgnt= Trust Deed adopt8d 9 November 2017 Logal Constitution.. Charitable Incorporated Organisats'on Independent Examiner.. Mr Kye S Yin IFCCA, AAIA, MAAT, MBA) KY Accountancy SeNices Ltd Unit 2, 5 & 6, Second Floor 39-41 High Street New Malden, Surr8y KT3 48Y Bankers.. HSBC UK Bank plc 5 Wimbledon Hill Road Wirnbledon London
Tale2Tail Annual Re ort of The Trustees For the year ended.. 31 December 2020 The Iruslees present their report with the fin8n¢i81 statements of Tale2Tail for the year 9ndèd 31 Dècember 2020. Reference and Admlnistrallon Informatlon This information is provided on pag8 1. Structure Governance and Mana ment Governln Document The charity is a registered Charitable Incorporated Organisation on 13 December 2017 and is govem8d by the rules of the Tale2T8iI constitution dated 9 November 2017. Methods of Recrultln andA olntln Trustees Trustees a appointed from lime lo lime, as necessary. by the charity in General Meeting from ordinary or honorary life members who are willing lo be so appointed. anlsatlon Structure The Charity is managed by the Officers, Chairman. Secretary, and Treasurer who. with Trustees. meet quartetly, or more often if wuired to conduct the business ol the Charity. They are assisted by the Charity CEO and volunteers and various ad-hoc groups as the need arises. Risk Mana emenl Major risks to which the charity faced have been identified. The trustees have set up the appropriate and robust financial procedure and projects budgets as agreed and the committee members will have regular meetings in order to monitor, control, analyse and review the business activities. By doing so, the charity will be able tts identify the risks and develop a best possible remedy to deal with in an effects've and efficient way. Ob ectives and activities for the ublic benefit The Conslitub'on of the Charity provides that the objects of the charity ar9.. 11 To prornol8 for the benefit of the public the Gonservalion of endangtrrEd wild animals in their natural habitat and their proteotion from exb'nGtion iriGluding, without limilalion, the preservab'on of Asian and Afncan elephants, rhino, giraffe, oheetah. big cats. pangolin and orangutans. 21 To advance the education of the public, in particular ¢hildren under the age of 16 years, on matters lating to animal wnservalion, protection ol animal habitats and biodiversity, pServa0.0rn ol the national environment with 8 vièw to incrèasing awarèness of th9 risks of extinction causad by hunts'ng and the ivory trade_
Tale2Tail Annual Re ort of The Trustees Continued For the year ended.. 31 December 2020 Achi•v•ments In 2020 Despite the impact of the Covid-19 pandemic. the Charity progressed its objecb'ves through 2020 by building on the successful foundations laid in the prior three years. Tale2Tail was invited by the Department ol Environment, Food and Rural Affairs IDEFRAI to commence its objective deliverable ol promoting awareness and delivering education to children through its translation ol education packs and video sub-titles Into French, Spanish and Mandarin for disseminats'on in schools with the help of a 08P8rtm8nt of Food and Rural Affairs grant under their1118gal Wildlifè Trade program. This work was commissioned in March 2020 and completed in September 2020. Financlal review The financial procèdure has been ful set UP ln order to record all thè transactions in a coffecl and accurale annèr to reflèct the true and fair value of the finance lor the charity. The delivery of translated education packs 8nd conlenl wa5 funded sololy from the DEFRA grant rgforred lo abovè. The Gharity undertook fundtaising for establishrn8nl of activities and ended the year with a net deficil from acb'vilies of £456 and cash holdings of t4,090.
Ta182Tail Annual R8 ort of The Trustees Continu•d For the year endtrd.. 31 December 2020 Plan for the future The Trustees wll conlinuovsly find a way lo improva èvery aspect of Tale2Tail by vigorously implementing the transparent financial procedures. quality control and in delivering high quality distribution platforms. crealive and educational content in a¢cordance with the objects of the charity. Res onsibiliti85 of Trustees in Relatlon to thè Financial Statements The trustees are requir9d by the Charity Act 2011 to prepare financial staiements for each financial year which give a tnje and fair view of the charity's finanaal activitiès during the year and ol its financial position al the end of the year. In preparing those financial statements, the trustees are requId to". To selgct suitable accounting policies and then apply them con94Stendy', To make judgements and estimates that are reasonable and prudenL' To state whether applicable accounting standards and stalements of recommend8d practs'ce have been followed subject to any d6partures disclosed and explained In the finallcial stst8menls', and To prepare the financial 5talern8nts on the going concem basis unless il is inappropriate tts presume that the charity will continue to operate Tre trustees are responsible for keeping accounts'ng records which disclose with reasonable accuracy at any time the financial posits'on ol the charity and enable them lo ensure that the financial statements comply with the Charity Act 2011. They are also responsible for safeguarding the assets of the Gharity and hence for taking reasonable steps for the preventy'on and detection of fraud and othèr irregularities. ?d OL i 2DLI Approvo bythe8oard ofTrusteeson....................................... and signedon itsbehalf.. R Low•- Treasurer Date..
Tal•2Tail Inde endent Examiner's Re ort For the yèar ended.. 31 December 2020 I roport on the accounts DI Tale2Tail for the year ended 310ecember 2020 which a set out on page8 8 10 13. Respective Responsibiliti9$ of Tru5t885 and Examingr The Charity's Iruslees ar8 r85tK)nsible for the pr8paration of th& accounts. Thè Chanty's trustees consider that an audit is not qUId for this periLxl under seolion 144121 of the Charities Act 2011 IThe 2011 Actl and that an independent examination is needed. It is our responsbility to.. lil examine the accounts under section 145 of the Charities Act lill to follow the procedures laid down in the General Directions given by the Charity Commission under sects'on 14515llbl ol the Charities Act, and liiil tts state whether particular matters have come lo our attention. Basls of Independent Examinerfs Statement Our examination was carried out in accordan with General Directions given by the Charity Commission. An examination includes a r8V18w ol the accounting e0rd8 kept by the charity and a comparison of the accounts presented wlh trose rgcords. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from Ihg trustees conceming any such matlers. The procedures undertaken do not provide all the evidence Ih81 would b8 requir8d in an audit, and consequently no opinion is given as to whether the accounts presenl a'true and fairf view and th8 r8POrt is limited to those rnattars set out in the statement below. Independent Examlner's Statement In connecb'on with my examination, no matter has come to our attention.. 1. which give m8 r8asonablg Causè to beli8 that in, any matèllal rèspect, the requirements.. lil to keep aocounting records in accordanca with s8ction 130 01 the Charities Act,. and lill to prepare accounis whi¢h a¢¢ord with the aGGovnling re¢ords and ¢omply with the accounting requirements of Ihfj Charities AGt havg not been rngt., or 2. to which, in rny opinion, attention should be drawn in order lo enable a proper understanding of the accounts to be reached. KY ACCOUNTANCY SERVICES LTD . floor Kye S Yin IFCCA, AAIA, MAAT, MBA) KY Accouniancy SeNices Ltd High Street, New Malden KT.I.IEIY. Llwiid In&) Tel- 010 S147
Tale2Tail Statement of Finan¢ial Activities For the year ended.. 31 December 2020 Total Funds Total Funds 2019 Notes 2020 Incom• and Endowments from.. Voluntary Incom• Subscriptions and Donations 60 2.000 Actlvlties for Generating Funds Fundraising 581 Investm•nts Charitablg Activities Govemment grants 27,777 15,448 Total: 27,837 18.029 Ex enditure on.- Gènerating Voluntary Income 516 720 Charitable Activitiès Filming, education packs & conferen¢tss 27.777 15.446 28,293 16.166 N•t IncomellExpenditurel 14561 1,863 Transfers between funds Net Movement in funds 14561 1,863 Re¢onelliatlon of Funds Total funds brOght forward 4,546 2,683 Total funds rro•d fornarfl 4,090 4,546
Tala2Tail Balance Sheet As at.. 310ecember 2020 Total 2020 Total 2019 Flx•d Assets Tangible Assets Tot31 Fixèd Assèts Current Assets Debtors Cash 4,090 4,546 Totsl Current Assets 4,090 4,546 Creditors.. Amount falllng due wlthln one year Net Current Assetsl{Llabllltlesl 4,090 4,546 Total Assets Less Current Liabilities. 4.090 4.456 Creditors-. Amount falling due after more than on• yèar Total Net Assets: 4,090 4,456 Funds of the Charit Restrlcted fvnds Unrestrlcted fvnds General Income Fund 4,090 4.456 Totsl Funds.. 4,090 4.456 Approve by th8 Board of Trustè95 omo nd signed on its behalfr R Lowg- Trea$ur•r Date..
Tale2Tail Notes to Flnancial 5tstements For the year ended.. 31 Detember 2020 l A£countlng pollcles Bt7515 uf prepqnJtion The accounts h4ve been prepared under the historical c05t convention and in accordance with FR5 102, The Financial Reporting Standard applicable In the UK and Republit of Ireland, the ChaFlties Act 2011, Accounting & Reporting by Charities.. Statement of Recommended Practice (Charities SORP FR51021. Income Re50urce5 All incDming resources a included on the statement of Fin3ncial Actlvities when the tharity 15 legally entitled to the income and the amount can be quantified with reasonably acctsracy. Voluntary Income Voluntary income 15 received by way of member's subscriptlOn5 and donations. Mernbers, subscriptions incomÈ is credited in the financial st3tements in poriod whèn it Is received. No adjustment Is m8de in respect of subscription5 OUt5tsndin8 or received in advance. D¢nètion5 are tsken to income in the year of receipt. Interest Receivable Interest on fuDd5 held on deposit Is included when récÈivable and the amount can be measured reliably by the chèrity,. this is normally. upon notification of the interest paid 01 payable by the bank. Charitable Actlvlties Incoming resources from charitable activities are accounted for in the perlod when the production take5 place. Incorne is deferred when admission fees are received in advance of the performances to which they relate. Expenditure Ilubilities Expenditure is iecognised on the accwals basis. The charity is not registered for VAT. thus all cost5 are Shown inclusive of VAT charged. FundingAccounting Unrestricted Funds Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restrlcted Funds RÈstrictÈd funds can only used for particular restricted purpose within the objects of rhe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Creditors Short term creditors are measured at transaction price Iwhich is Usually the invoice prlcel. Loans and other financial liabilitie5 are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost cletermined using the effective interest method. io
Tale2Tail Notes to Flnanclal Statements Continued For thg year ended- 31 Decembèr 2020 Subscrfptlons and Donations 2020 2019 Donations 2,000 8.913 Investment Incomè Interest on investmènt5 Charitablo a¢tivilies - income & expenses 2020 Incorne Ex enditure Donations Fundraising Gov8rnrn8nt grant 60 516 27,777 27,777 li
Tale2Tail Notes to Flnanclal Statemènts Continu•d For the year ended: 31 December 2020 Cash At Bank And In Hand 2020 Currant A¢¢ounls & Cash in Hand 4.090 4,090 Creditors.. Amounts Falling Due Wlthln One Y8ar 2020 Creditors 12
Tale2Tall Notes to Financial Statements Continued For the year endèd.. 1 December 2020 Analysls Of Net Ass•ts Betsveen Funds Unr8stricted General Income Fund Total Tangible Fixed As5els Debtors Cash Al Bank Creditors 4,090 4,090 alance of Funds at 30 June 2020.. 4,090 4,090 13
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