TACTYC
TACTYC ASSOCIATION FOR PROFESSIONAL DEVELOPMENT IN EARLY YEARS
Registered Charity No: 1181278
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDING APRIL 2023
Confidential 22/01/2024
TACTYC
CONTENTS
Legal and administrative information
Trustees' report
Independent examiner's report
Statement of financial activities
Financial Statements
Confidential 22/01/2024
TACTYC
## LEGAL AND ADMINISTRATIVE INFORMATION
|Members|There are currently 156|
|---|---|
|Principal Address|6 Mitchell Close,|
||Barton-on-Sea,|
||Hampshire,|
||BH25 7BX.|
|Independent examiner|Mrs A J Heald BA (hons)|
||AJ Accounting Services|
||62 Castle Hill|
||Eckington|
||S21 4AY|
|Bankers|Lloyds Bank|
Confidential 22/01/2024
TACTYC
TRUSTEES REPORT FOR THE YEAR ENDED APRIL 2023
The trustees present their report along with the financial statements for the year ended April 2020. The financial statements have been prepared in accordance with the accounting policies set out in the Companies Act 2006.
## **Governing document and objects of the charity**
TACTYC is governed by Constitution.
All trustees give their time freely and no remuneration was paid in the year. Details of expenses reclaimed from are set out in the accounts.
## **Objectives and aims.**
The objective of the CIO is: To advance the education of the public, in particular by;
a) providing professional development and advocacy services for those working in early childhood education.
b) promoting and/or conducting research into all aspects of early childhood education and to publish the useful results.
Confidential 22/01/2024
TACTYC
TRUSTEES' REPORT FOR THE YEAR ENDED APRIL 2023
## **Financial Review**
The Statement of Financial Activities shows incoming resources for the year of 2023: £24,467.00 and resources expended for the year of 2023: £12,371.00. This resulted in a surplus/deficit of 2023: **surplus of £12,096.00**
Confidential 22/01/2024
TACTYC
TRUSTEES' REPORT FOR THE YEAR ENDED APRIL 2023
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently.
- observe the methods and principles in the Charities SORP.
- make judgements and estimates that are reasonable and prudent.
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity Regulations 2008and the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the trustees on 22[nd] January 2024 and signed on its behalf by
**Name: ........................................ Position...................................**
Confidential 22/01/2024
TACTYC
## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TACTYC
I report on the accounts for the year ended April 2023.
## **Respective responsibilities of trustees and examiner**
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act.
- follow the procedure laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act: and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act: and
- to prepare accounts with accord with the accounting records and comply with the accounting have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts reached.
Mrs Alison J Heald BA (hons) AJ Accounting Services
62 Castle Hill Eckington Sheffield S21 4AY
22[nd] January 2024
Confidential 22/01/2024
TACTYC
FINANCIAL STATEMENTS FOR THE YEAR ENDED APRIL 2023 **TACTYC Profit And Loss Account For the period ended April 2023**
|Income
Conference Receipts
-
Interest Received
-
Informa UK
26,708
Other Income
43
Membership Fees
3,235
Expenses
Collaborations
-735
Keynotes
-
Executive Meeting
-218
Journals
-
Webinar Costs
-
Student Reflection Award
-200
Other expenses
-95
Professional Fees
-1194
Admin Fee (J Rodgers)
-2521
Funded research project
-5000
Bank Charges
-24
Informa UK
-2412
DWC Consultancy
-3780
J Georgeson
-1000
R Parker Rees
-1000
Early Education
-120
Zoom Subscription
-
Net profit
**Profit**|**2022**
**2023**
**£**
**£**
-
-
21,964
138
2365
29,986
24,467
-
-600
-1,533
-
-1,230
-
-427
-
-3,286
-
-
-1,363
-1,680
-1000
-1000
-60
-192
-18,299
-12,371
**11,687**
**Profit**
**12,096**|**2023**
**£**
24,467|
|---|---|---|
The financial statements were approved by the Board of Trustees on 23[rd] January 2023 and signed on their behalf by
Signed Position: Treasurer
Confidential 22/01/2024