Charity number: 1190621
TANGA CLUB
(A Charitable Incorporated Organisation)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
TANGA CLUB
(A Charitable Incorporated Organisation)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Trustees' report | 2 - 7 |
| Independent examiner's report | 8 |
| Statement of financial activities | 9 |
| Income and expenditure account | 10 |
| Balance sheet | 11 - 12 |
| Notes to the financial statements | 13 - 23 |
TANGA CLUB
(A Charitable Incorporated Organisation)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024
Trustees S J Martin, Chair A Anderson, Trustee J Watson Moody, Trustee S L Richardson, Trustee (appointed 21 July 2023) L Westwood, Trustee (appointed 19 May 2023) Dr L Crowe, Trustee (appointed 19 May 2023) E Newton, Trustee (appointed 23 September 2023)
Company registered number CEO22694
Charity registered number 1190621 Registered office The Tanga Hub Gilesgate Hexham NE46 3NP Accountants Armstrong Watson LLP Milburn House Hexham Business Park Burn Lane Hexham NE46 3RU
Page 1
TANGA CLUB
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the Tanga Club for the 1 April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
The accounts are prepared in accordance with the Charities Act 2011.
Objectives and activities
a. Policies and objectives
Tanga Club is a registered charity which has formed a network for families who have children with additional needs, disabilities or other vulnerabilities. We provide social activities for children and young people up to age 25, and support for parents, carers and families. We aim to be fully inclusive, meaning that any child can access our services - regardless of ability or disability. Our overall offering includes youth groups; forest schools; support groups; equipment and toy hire; a reference library; school holiday activities; groups for children not able to attend school and trips away from the area. We have in excess of 500 members who travel from four counties to attend our provisions. Excitingly 2023 saw the first employee appointment as we move towards achieving sustainable growth, we continue to be well supported on a voluntary basis. Our charitable objectives are:
The advancement in life of young people with special educational needs and disabilities through:
(i) the provision of recreational and leisure time activities provided in the interests of social welfare, designed to improve their conditions of life;
(ii) providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society;
(iii) the provision of support to parents and carers of children with special educational needs and disabilities by providing information, advice and guidance.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Page 2
TANGA CLUB
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
b. Strategies and activities for achieving objectives and furthering the Charity's purpose for the public benefit
Formed in November 2019, Tanga Club started by running a weekly youth and social group which was attended by up to 50 young people, their parents and carers. Our strategy was to extend this service to weekly support groups and set up a range of other groups targeted towards particular age ranges.
This report covers the period of 1 April 2023 - 31 March 2024.
We have maintained our position of being user-led, consulting with our families and proceeding with the most popular activities according to their opinions, suggestions and requirements.
We continue to see increased demand for our services, including support around barriers to education. We held a parent carer focus group session in April 2023, and it was decided to open a separate support group to for families facing barriers to education and/or members who are educated other than in a school setting.
The support group has grown from the 5 families who attended the initial support group session, to over 150 group members. We are able to provide support and bespoke activities including a trip to Hexham Abbey, workshop with Creative Kitchens as well as tailored advice in relation to EHCPs and Personal Budgets.
In April, we returned to the woods with Deni Riach, Forest School Practitioner who ran a special Easter Holiday Woodland, the Easter Bunny even left some Easter Eggs! Our young people learned about woodland crafts, nature and free play without the restrictions of four walls around them. These sessions are always a very popular aspect of Tanga Club, featuring in the majority of our “school holiday” activities.
May was also the start of fortnightly meet ups for our parents and carers - we treated them to coffee and cake in venues such as Starbucks and Cafe Nero. We also began holding specialist quiet sessions, starting with our Lego and board game evening mid-month. This was in response to our families indicating that some of their young people could not tolerate the busy environment of the regular club.
In May, we travelled to Center Parcs in Penrith to take our second weekend away as a group. 162 people attended the trip which we had subsidised with the help of our funders including The National Lottery and Ballinger Charitable Trust.
This trip was a return to Whinfell Forest, our second visit. It was an overwhelming success, many families voiced that they previously found holidays extremely difficult and they were never a rest for parents. Tanga took all the worry about choosing a holiday away and provided families with the support of the group.
Children were extremely excited to meet friends in the park and swimming pool, parent carers were given the opportunity to relax and feel cared for. Families received a goody bag to help make the weekend as easy as possible, filled with treats and activities.
It was unanimously agreed that it was a fantastic weekend with many new experiences for young people that would not normally have this opportunity - the Trustees continue to recognise and uphold the belief that family breaks are essential for our members, and we will endeavour to continue to provide weekend family breaks!
June and July saw the continuation of our well-loved Youth Club, where we held two environmentally themed seed and plant sessions, teaching the young people the life cycle of plants. July began with a mocktail making workshop, giving some of our older children the opportunity to discover what it is like to work in this environment and discovering new tastes - ultimately creating their own signature mocktail.
A very popular club activity in June was a Manga & models workshop hosted by Debbi Doodles and Neil Cole - a firm hit with the children, this sold out evening is something we will repeat in the future.
Due to demand, we also held a special one-off “Tanga in the Woods session”, and notably we funded the purchase of a compost toilet so that there are no barriers to our woodland sessions for those with more complex
Page 3
TANGA CLUB
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
needs. We also continued our quiet sessions, with activities like ping pong and crafts added to the selection.
Also in July, we laid on an Indian fine dining experience for our parents and carers. This lovely evening was fully booked, and a continuation of our parent and carer retreat sessions. Everyone had a great night, away from their caring responsibilities - the opportunity to relax amongst peers who understand their particular issues is something that everyone at Tanga Club is committed to providing.
The school summer holidays welcomed the return of our Summer in the Woods, with fully funded Forest School sessions being held every Friday. Sessions in the woods continued to be well supported with around 30 children per session, plus parents & carers who were able to enjoy some relaxation time with a hot cup of coffee and snacks around the fire.
We rounded off the summer with an extra special woodland retreat for our parents and carers. Everyone gathered round the camp fire in a half day session, incorporating lunch which had been prepared and was accompanied by bread and flatbreads which the group made and baked over the fire. Everyone agreed that being in nature was a relaxing and restorative day, as well as learning how to bake bread over an open fire - this was a first for most people!
After summer, we continued our parent and carer support elements with a retreat at Dilston Physic Garden and a sound bath session. We also welcomed Carers Northumberland to our youth club, where they were able to speak to parents and carers about a range of issues.
In October we had two Halloween themed sessions - a Halloween party with Bella Bambino which included a chocolate fruit fountain, hair styling, nail painting and temporary tattoos; and our ever popular Halloween in the woods where the young people were all able to carve their own pumpkins and either take them home or leave them for the wildlife - this session also included spooky themed crafts and the woods were decorated with fairy lights and Halloween decorations to create a truly immersive atmosphere.
In December, we took our second annual trip to Alnwick Garden Winter Light Trail. This was a magical evening. The bus ride provided welcome relief to parents and the fun started as soon as we departed from Hexham. Our Christmas party provided a fun filled evening for all, with activities such as making snowman biscuits, a raffle, tombola, disco and Christmas themed arts and crafts.
January saw our first group trip to Beamish open air museum. Children were able to explore the past in an engaging and interactive way. Children were able to ride the ‘old fashioned’ fairground rides, see boiled sweets being made in the 1900s sweet shop, take a trip into the dark depths of the Beamish mine and ride on the old trams and busses that transport visitors around the museum. Many families also enjoyed fish and chips from Davey’s chip shop on site - what a treat!
This year one of our greatest achievements has been ensuring sustainable growth. The Charity continues to grow in membership, we are very careful that growth is sustainable and have achieved this with employing an Operational CEO with plans to employ more staff members. We have also worked collaboratively and built relationships with local organisations including Hexahm Youthy through which we employ Youth Workers for our Youth Club sessions, Hexham Community Centre who provide a space for out parent carer coffee mornings and Hexham Trinity Church who provide a space for our fundraising coffee mornings which welcomes and provides activities for families with children who are educated other than at school.
We are extremely proud of the progress that we have made during this period and especially the way in which we have managed the growth in demand of upon our services. The move towards more paid staff has been vital in ensuring the future sustainability and growth of the charity.
We have built strong foundations upon which we can continue to support our families, subject to on-going funding, the increase in demand for our services. We believe that what sets our organisation apart from others is our ability to listen to our families and provide what they need; we are completely independent and have the benefit of huge experience and skills within our board of Trustees, which is comprised of parents of children with additional needs and disabilities as well as children with no additional needs.
Page 4
TANGA CLUB
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
Our plans for the coming year include a weekend away; extra sessions catering to specific needs of our families; employment of a further staff member; continued fundraising for a special respite projects and the roll out of our tailored retreat days for parents and carers.
This will all be in addition to the current provision, and we can’t wait to get started! Thank you for taking the time to read our annual report, and please get in touch on info@tangafamily.co.uk for more information. On behalf of the Trustees of Tanga Club Sarah Richardson, Trustee and Secretary, Tanga Club Reg. charity in England no. 1190621
Page 5
TANGA CLUB
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
a. Main achievements of the Charity
The main achievements of the charity during the year were as follows:
-
162 people attende the second annual trip to Center Parcs.
-
Continuation of Youth Club.
-
Continued our parents and carer support services.
-
Annual trip to Alnwick Garden Winter Light Trail.
-
Trip to Beamish open air museum.
-
Ensuring sustainable growth.
-
Working collaboratively and built relationships with local organisations.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
It is the policy of Tanga Club to seek and maintain a reserves policy of six months operating costs. Additional reserves are currently held as the charity looks to employ people to take on key functions such as administration, fundraising and finance. The unrestricted reserves at 31 March 2024 of £29,050 therefore provide a basis on which to reach this aim.
c. Finance
Income in period was £78,111 (2023: £54,021), costs were £47,176 (2023: £57,048) giving a surplus of £30,935 (2023 deficit: £3,027) for the period, of which £4,818 (2023: £4,544) was in respect of restricted funds. Subsequently total net assets equal £63,860 (2023: £32,925).
Page 6
TANGA CLUB (A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management
a. Constitution
Tanga Club is registered as a Charitable Incorporated Organisation and was set up by a Trust deed.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) 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 business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and 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. 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.
Approved by order of the members of the board of Trustees and signed on their behalf by:
S L Richardson
Trustee Date: 12 September 2024
Page 7
TANGA CLUB (A Charitable Incorporated Organisation)
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024
Independent examiner's report to the Trustees of Tanga Club ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024.
Responsibilities and basis of report
As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
Having satisfied myself that the accounts of the Charity are not required to be audited under the 2011 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 12 September 2024
Armstrong Watson LLP, Chartered Accountants Milburn House Hexham Business Park Burn Lane Hexham NE46 3RU
Page 8
TANGA CLUB
(A Charitable Incorporated Organisation)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Note Income from: Donations and legacies 3 Charitable activities Total income Expenditure on: Charitable activities 4 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2024 £ 66,565 - 66,565 40,448 40,448 26,117 4,544 26,117 30,661 |
Unrestricted funds 2024 £ 920 7,726 8,646 7,977 7,977 669 28,381 669 29,050 |
Total funds 2024 £ 67,485 7,726 75,211 48,425 48,425 26,786 32,925 26,786 59,711 |
Total funds 2023 £ 34,706 19,315 54,021 57,048 57,048 (3,027) 35,952 (3,027) 32,925 |
|---|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 13 to 23 form part of these financial statements.
Page 9
TANGA CLUB
(A Charitable Incorporated Organisation)
SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
| Note Gross income in the reporting period Less: Total expenditure Net income/(expenditure) for the reporting period |
Total funds 2024 £ 75,211 (48,425) 26,786 |
Total funds 2023 £ 54,021 (57,048) (3,027) |
|---|---|---|
The notes on pages 13 to 23 form part of these financial statements.
Page 10
TANGA CLUB
(A Charitable Incorporated Organisation) REGISTERED NUMBER: CEO22694
BALANCE SHEET AS AT 31 MARCH 2024
| Note Fixed assets Tangible assets 7 Current assets Debtors 8 Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets |
8,690 56,695 65,385 (6,015) |
2024 £ 341 341 59,370 59,711 59,711 59,711 |
15,527 21,464 36,991 (4,535) |
2023 £ 469 |
|---|---|---|---|---|
| 469 32,456 |
||||
| 32,925 | ||||
| 32,925 | ||||
| 32,925 |
Page 11
TANGA CLUB
(A Charitable Incorporated Organisation) REGISTERED NUMBER: CEO22694
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024
| Note Charity funds Restricted funds 10 Unrestricted funds 10 Total funds |
2024 £ 30,661 29,050 59,711 |
2023 £ 4,544 28,381 |
|---|---|---|
| 32,925 |
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Charitable Incorporated Organisation to obtain an audit for the year in question in accordance with the Charities Act 2011.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................
S L Richardson Trustee Date: 12 September 2024
The notes on pages 13 to 23 form part of these financial statements.
Page 12
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. General information
Tanga Club is registered with the Charity Commision witht the charity number 1190621. The registered address of the charity is The Tanga Hub, Gilesgate, Hexham, NE46 3NP.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Tanga Club meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 13
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
2. Accounting policies (continued)
2.4 Tangible fixed assets and depreciation
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following basis:
Office equipment - 20% Straight Line
2.5 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.8 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 14
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
2. Accounting policies (continued)
2.9 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
3. Income from donations, grants and legacies
| Donations Grants Donations Grants |
Restricted funds 2024 Unrestricted funds 2024 £ £ - 920 66,565 - 66,565 920 Restricted funds 2023 Unrestricted funds 2023 £ £ - 372 34,334 - 34,334 372 |
Total funds 2024 £ 920 66,565 67,485 |
|---|---|---|
| Total funds 2023 £ 372 34,334 34,706 |
Income has been re-stated for the 2023 year so that income from trips, clubs and other activities in line with charitable objectives are classified as charitable activities instead of donations. The total amount of income remains unchanged.
Page 15
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
4. Analysis of expenditure on charitable activities
Summary by fund type
| Depreciation Travel and motor Rent Sub contract Equipment and toys Telephone Excursions Postage and stationery Legal and professional Wages and salaries Licences Accountancy Depreciation Travel and motor Rent Sub contract Equipment and toys Telephone Excursions Postage and stationery Licences Accountancy |
Restricted funds 2024 Unrestricted funds 2024 £ £ - 128 2,455 - 5,089 - 5,097 - 8,081 4,091 2 - 15,527 - 505 - - 398 3,692 - - 30 - 3,330 40,448 7,977 Restricted funds 2023 Unrestricted funds 2023 £ £ - 86 1,631 - 4,731 - 2,435 - 17,110 - 10 - 28,049 - 220 - - 41 - 2,735 54,186 2,862 |
Total 2024 £ 128 2,455 5,089 5,097 12,172 2 15,527 505 398 3,692 30 3,330 48,425 |
|---|---|---|
| Total 2023 £ 86 1,631 4,731 2,435 17,110 10 28,049 220 41 2,735 57,048 |
Page 16
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
5. Analysis of expenditure by activities
| Depreciation Travel and motor Rent Sub contract Equipment and toys Telephone Excursions Postage and stationery Legal and professional Wages and salaries Licences Accountancy Depreciation Travel and motor Rent Sub contract Equipment and toys Telephone Excursions Postage and stationery Licences Accountancy |
Activities undertaken directly 2024 £ 128 2,455 5,089 5,097 12,172 2 15,527 505 - - 30 - 41,005 Activities undertaken directly 2023 £ 86 1,631 4,731 2,435 17,110 10 28,049 220 41 - 54,313 |
Support costs 2024 £ - - - - - - - - 398 3,692 - 3,330 7,420 Support costs 2023 £ - - - - - - - - - 2,735 2,735 |
Total funds 2024 £ 128 2,455 5,089 5,097 12,172 2 15,527 505 398 3,692 30 3,330 48,425 |
|---|---|---|---|
| Total funds 2023 £ 86 1,631 4,731 2,435 17,110 10 28,049 220 41 2,735 57,048 |
Page 17
TANGA CLUB (A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
6. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the period ended 31 March 2024, expenses in relation to mileage were reimbursed to K L Miller of £310 (2023: £1,146).
7. Tangible fixed assets
| Cost or valuation At 1 April 2023 At 31 March 2024 Depreciation At 1 April 2023 Charge for the year At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 |
Office equipment £ 640 |
|---|---|
| 640 | |
| 171 128 |
|
| 299 | |
| 341 | |
| 469 |
8. Debtors
| Due within one year Prepayments and accrued income |
2024 £ 8,690 8,690 |
2023 £ 15,527 15,527 |
|---|---|---|
Page 18
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
9. Creditors: Amounts falling due within one year
| Other taxation and social security Accruals and deferred income |
2024 £ 200 5,815 6,015 |
2023 £ - 4,535 |
|---|---|---|
| 4,535 |
Page 19
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
10. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds - all funds Restricted funds National Lottery NCC Seeds J Clark Masonic Charitable Tynedale Lions Karbon HAF Centre Parcs Postcode Neighbourhood Karbon Youth Worker Albert Hunt Community Chest Sir James Knott Henry Bell Total of funds |
Balance at 1 April 2023 £ 28,381 2,985 159 300 - - - 1,100 - - - - - - 4,544 32,925 |
Income £ 8,646 26,997 - - 1,800 500 400 - 18,000 1,368 2,000 5,000 10,000 500 66,565 75,211 |
Expenditure £ (7,977) (29,283) (159) (300) (595) (500) (400) (1,100) (5,706) (480) - - (1,800) (125) (40,448) (48,425) |
Balance at 31 March 2024 £ 29,050 |
|---|---|---|---|---|
| 699 - - 1,205 - - - 12,294 888 2,000 5,000 8,200 375 30,661 |
||||
| 59,711 |
Page 20
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
10. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds - all funds Restricted funds National Lottery NCC Seeds Centre Parcs J Clark NCC Jubilee Tynedale Lions Karbon HAF Ballinger Henry Bell Arnold Clark PTC Trust School for Social Entrepreneurs Co-op Projects Total of funds |
Balance at 1 April 2022 £ 11,556 16,301 - - - - - - - 2,000 1,000 1,070 750 3,275 24,396 35,952 |
Income £ 19,687 21,217 217 1,100 300 500 500 500 10,000 - - - - - 34,334 54,021 |
Expenditure £ (2,862) (34,533) (58) - - (500) (500) (500) (10,000) (2,000) (1,000) (1,070) (750) (3,275) (54,186) (57,048) |
Balance at 31 March 2023 £ 28,381 |
|---|---|---|---|---|
| 2,985 159 1,100 300 - - - - - - - - - 4,544 |
||||
| 32,925 |
Page 21
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
11. Summary of funds
Summary of funds - current year
| General funds Restricted funds Summary of funds - prior year General funds Restricted funds |
Balance at 1 April 2023 £ 28,381 4,544 32,925 Balance at 1 April 2022 £ 11,556 24,396 35,952 |
Income £ 8,646 66,565 75,211 Income £ 19,687 34,334 54,021 |
Expenditure £ (7,977) (40,448) (48,425) Expenditure £ (2,862) (54,186) (57,048) |
Balance at 31 March 2024 £ 29,050 30,661 59,711 |
|---|---|---|---|---|
| Balance at 31 March 2023 £ 28,381 4,544 32,925 |
12. Analysis of net assets between funds
Analysis of net assets between funds - current period
| Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2024 Unrestricted funds 2024 £ £ - 341 30,661 34,724 - (6,015) 30,661 29,050 |
Total funds 2024 £ 341 65,385 (6,015) 59,711 |
|---|---|---|
Page 22
TANGA CLUB
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
12. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior period
| Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2023 £ - 4,544 - 4,544 |
Unrestricted funds 2023 £ 469 32,447 (4,535) 28,381 |
Total funds 2023 £ 469 36,991 (4,535) 32,925 |
|---|---|---|---|
Page 23