Charity regi8tration number 1195284 TECH SHE CAN ANNUAL REPORT AND UNAUDITED FINANCJAL STATEMENTS FOR THE YEAR ENDED 30SEPTEMBER 2024
TECH SHF. CAN LEGAL AND ADMINISTLITIVE INFORMATION Trustees A F Steven$ R Stcphens P Hatninond Higgin l) Guha MBE K Thomp50n Charity numbtr 1195284 Pritrjtipal address The Coach Hous¢ Golden Square Hcnfield BN'5 9DP Independent examiner M A VirgoACCA Boortnans Acfjountants Ltd Europa House Gold8ione Villas Hove F.ast Sussex BN3 3RQ
TECH SHE CAN CONTENTS Pxge Tru51ees' repon Siat¢Tnmt of trustees. responsibililics Independent examinerfs rewrt Sial¢rnent of financial activities B&lance sheei Staiement of cash fl<>ws Not¢5 to the financial stat¢m¢nts 9- 16
TECH SHE CAN TRUSTEES, REPORT FOR THE YEAR ENDED 38SEPTEMBER 21124 The trustees pr¢seni their annual report and finaiicial staiements for the yeaT ¢nd¢d 30 Septeinber 2024. The financial siaiemcnis have been prepared in accordance i¥ith the accounting policie$ %ct oul in notc l io rhe financial Starerncnrs and eomply ivith the charity's CIO AssoLiaiion Consiitution, the Charities Aci 2011 "Accouniing and Rep)rtirtg by Cliariiieg.. Sidternent of Recommcnded PTacti¢e applicable to charitics prcparing tlieir accounts in accordance with the Financial RcportiiiB 8iandard applicable in ihe UK and Republic of Ireland {FRS 1021" (effectii'e l January 20191. Objecttves TLch She exisT8 for the public benefil to pur5U¢ Such chariiablc objectiv¢s, including but not limited to, advancing th¢ cducatioti of th¢ public in general land partiCulY sir15 and women) in the field of terhnology. by.. Advancing the educaiion of young p¢opl¢ a5 to how te£hnolo8y 1$ used in differeni industries and thc br¢adth and dcpth of tcchnology cartcri through the provision ol-resources and strvices lo educational insliiuiions., Il'orking with key srakeholders, rducaiional insiiiuiions and polic>-niaker5 to proinote equdlity and diversity within IcchnDlogy and teuhnology careers and sh8r¢ besi pral¢e initiaiives that help to attr&ct, rth8iJL develop qnd advance wotnen in thc workpl&ce' Promoting change in the workplac¢ through fomial WOTk exp¢ritnc¢ programmcs. internship5 and women-friendly appreniiccships lo incrcase Ihc nurnber of women working in l¢rhnolo&v roles in ihe UK," ond Conducting and comrni55ioning research and analy515 on gcnder issues relaicd lo Icchnology and publishing these rtsulis for thc public b¢n¢fit. Activities Wc bridgL the gap betwcu industry, education and goi'¢rnmenL representing many voices. We are suprM)rted and funded by a growing network of strategic partne fTOm industry. Our networks of Schoo15 and our engagement with local, reBionJ and national goircrnmcnts ar¢ also grom'ing. Our Tech She Can initiatlVC8 are infomied and suptM)ned by thcsc partners and voices to ensure w¢ PTovidc educational and in%piring inlcrv¢ntioD% and pathways th21 ultimately Support our mission to change the ratio of women in ie¢hnology. During Tech She Can's third year, th¢ Charity ha8 focused its efforts on scaling the following ar¢as, Ivitii numerous successes aiid highlights. Introduction And scaling of LIVE lessons, Ivith our hi¢St audience in & singl¢ day io date. when our G¢ThAI LIVF. lesson on Safcr Inlernet Day IF¢bruary 20241 reaLhd 40,000 swdents, and a further 14,200 post launch over th¢ T¢5t of Ihc year. We have iniroduLed eight LIVE legsions.. four secondary and four PriTnary school versions. Wc no%%. havc a Suite of13 'K81ie and Tcx explore... animations for primary school students Wc've hosied 12 Careers Insighi Day% i¥iili num¢TOUS parthcrs, willi 442 girls beiiefiting Irom this CXPBrienc¢. Iniroduccd Contiiiuing Pix)lessional tk,velopment ICPDI for teachers, with 369 teachers attcnding. Our fir41 R¢gTonal loiigitudinal progratnnic, Wc'i'e started a Ihrec ycar pro8raintne- deploying regiortai based teachers in Cuvenlry and Yorkshire tor in.person lesson5 delivercd by Tech She Can trained teachers gaining TnoTe robus1 and longitudinal data s. We have 800+ reg&stcrcd ChatllPiQn5. Our social media pre8tne¢ has grown by 80/0 in followers across Q)mbin¢d socia] channels. This year during London'fech Week we launched a Manif¢5to for Generation21 Chgng¢ and hosted an event with speakers from governmcnl, industry} and ducalion, supported by Lvrd Knight and the MayoT ufi.ondon's oifice.
TECH SHE CAN TRUSTEES, REPORT {CONTIF4UF.DI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Achievements performxD£e TeLh %he Can'% Iinpacl Keport for Year 3, published on 9 October 2024 foT the Twning period I SepiembeT 2023 31 August 2024 can be touiid on die Chariiy's websiit., Our impa¢t- Techshccan. During Tech She Can'5 third Y.. the charity hag iftereJ its itnpacl Throu iniliaiives providing deeper engagememt, ¢spccially with thosl that ne us mosi in aFC8S ol low social iiiobililv and deprivation and with iniiiaiives locused on bToad UK wid¢ reach, SUassing the majority of our targets.. Thc Tech Shc Can team and tsur volunteer Ch4mpion5 have directlv reached 130,000 students to dai¢. mPared to a Year 3 iargci of 120.000. Of ihe 130,000 students, 20,000 were reached via our Champions. Over 530,000 51iidcnts liave viewed our playback lessons and resources 10 date via iechshecan.org, comparcd to ayear 3 iargei of 500,000. Ncw fi)LUS for Year 3.. just under 20.000 studenis have now had repeated ini¢Taction with Tech She Can. OUT impact in area8 of low social mobility dnd depTiVation.' England 50/v of the schools rtaehed in EngIrd hav¢ above av¢i?ge studellis eligible for free school MS- double our Year 3 of 250h. Scotland 35V/o of students diTettly reachtd are from the most deprived art&% in Scotland. Wales 7/0 of 8tud¢nts directly reached are from ihe mo8t deprived aT¢as in Wal¢5. Rtsourte5 The aciivitics are largely p¢rform¢d by the Tech She Can core ieam, $uPTI¢d by c0115ultants. a Ste£ring Group and Ihc Board of Trugitcs. As at 30 S¢pl¢mb¢i' 2024. the core team compriscs 14 staff, seven are qualifi¢d ieachers,. tlie ieam is 930/0 women, 140/0 of Lthnic tninorily groups. During thi5 third year. Ihc Icam has been supported bv fouT con5uliani.% providing cxperl advicc, for examplc on fundraising, other tlia1 revenue sireams, pathwayg and Jelivery ot career insi}[ days. The core team 1% also SUPPOTied by the Steering Ciroup - trom across 30 mttTnbcT Organisl0n$ aiid more i%'idel}' e.g. by organisaiions. Wotnen in Tech neiwoTk& in various organisaiion8. A WOTicty of Stral¢gic Partners have provided dedicaicd spon50rsliip for specific acliviiies subli % Ihe delivLry of LIVE 1¢5sons, anitnated l¢sson5, Car¢er Insighr Days, champion ses5ion& tcacher Continuing Profcssional DLvLIopTncnt ICPDI and targeted regional in-schix)I deliverj. by our iea¢hcrs. Finan¢ial review In lh¢ period up to 30 Sepiembcr 2024, the toial Tnrome gcnerated by the charity was £1,020,881, WTth £179.490 deterred income into tlie year ending 30th Sepiembtr 2Q25 which 15 th¢ period in wliich Ihe delivcry takes pl&ee. As a r¢5uIL incon]e of £856.391 w'a5 rccogniscd in Ihe ycaT ending 30th Septcmber 2024. 1.or Year 3 total txprnditurc was £801,083. The total amouni ol-thc charity's reserves ig £287.9Q7. Tech Shc Can has intre&ed the i'aluc of monctary funding in Year 3, whi¢h tnor¢ than offscts the reduction in lh¢ value of Donations in Kind and reflects Ihe thariiy's development into self-suffieiency. It is the policv of the charity ihai unrestricitd fdS should be tnaintained at a Itvel equivalcni to thrcc months ¢()tntnittcd opcraling expenditure. Tlit trustees consider Ihai restrvcs ai this lei'el are ?ppropriate for th¢ activities and plans for ¢Fr1¢y. The trustees consider rhat Tcscrves at this levcl will ensure that, in the event of a signifiLani drop in funding through m¢mberyhipy Ihe charil> s curreni aciii'iiies will be able to wntinu¢ while consideration is giv¢n io ways irt whTch gdditional nd5 may be raised. This Itvel of rtSCTVCS has been rnaintain¢d throughoui the reFrf)riing period.
TECH SHE CAN TRUSTEES, REPORT {COYTIliUED} FOR THE YE4R EDED 30 SEpfEMBER 2024 PlaD$ for future periods- 2024nS Ln Year 4, Tech Slie Can aims 10 fijrther scaic reach and irnpa¢L with a particulgT fo¢us on gir15 and in areas of low social Tnobilily and dcprivalion, by.. Continue. enhancing and sealing Core pro8rammes F.xpanding Ilie seric8 of themed l.IVE lessons and assemblits for both primary and secondary schools, intTe&%ing cngagernenl and rcpcat rcach thToughoui the yrT. Exttiidiiig the reach of ieachers Iraiiied wilh our Continuing Professional Development ¢onten¢. Continuing 10 deliver morc and largcr CaTccrs Insight Days, onIng up door5 to our strategic partners to girls in areas of low social mobility and depiivaiion. nhanciiig the Lhampion community.. Incieasing and building our community of Tech We Can ChaJnpÉons lo ft)tther our Tcach dircctly with schools and 5tudcni8. We will continue our foeus on Slrengthening multi-y¢ar partner5hip5 and S¢CUTing larger funding to our impact. Launching and cxpanding new activitieg.. Launch natien81 catnpaigns aimed at ehangirtg per¢eptiuns. Pilot a rtcw cohort approach with industr). partners.. a longer tertn cohort approach across three years, tracking Ihc inipaci on the giTls choices. peTt¢ptions, and a.arents5 of technology care¢r pathways alld options. Develop our data stral¢gy and coll¢ctioD to pivvide evidence of longiludinal impaci. Launch veaTly ironic even5 utilizing Tcch She Can'5 uniqu¢ position in bringing industry. educdtors and pupi15 ttig¢iheT. Policy influtnr¢.' Continu¢ to position'fech She Can &$ a leading voi¢¢ in best practict for govertunent, indu$lry and education. Further div¢r5ify our funding sourc£s io mitigate againsi ri8k8 such as economic downturns 2nd depriorilisation of any nding received from corwrate Divetsity. Equity, and Inclusion (DEII iniliativcs. Structure? governance management The chaTity is a rhgritable Tncorporatcd orggnisation. The ITU5tee5 who served during the ycar and up the date L)f si8tWiuT¢ of the finan¢ial $¢at¢ment5 w¢re'. A F St¢ens . J Maiher P Prabhakara R Stephens P Hammond W Redshaw B Fliggin R J Harris PGuha MBE K I'hompwn IR¢sign¢d 27 June 20241 IResi8ncd 12 DEeembcr 20241 IResign¢d 13 OCtor 20231 (Resigned 23 OcEober 20241 The charity is managed by a Board of TTUSICCS, h1¢h convcned quart¢rly throughout tlie year to ensur¢ the charity mcl its objectlV¢s. Ai year-end, 62Q/o of the trusices were women, and 370/0 were from ¢thni¢ minority groups. The trustees arc supported by a Stttring Group Lotnposcd of representativcs frorn over 30 member organisations. The Irusiccs hal't tnsured proper governance by regularly reviewing their skills and experience, ensuring the right mix 10 Icad Ihc chaTity fonvard. Nonc of tlic trustec5 ha% anv bencticial intercst in Ihc charity. The Irusiees Audit and Risk Cotntnittcc met IhrouEhoui the yeaT ag TequiT¢d. The trustees. report was approved by Ihe Board of Trusiees. A F SicNens Chair of Trustees 13 Jdftuary 2025
TECH SHE CAN STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR TIIE YEAR E,DED 30 SEPTFNIBER 2024 The Irustces are responsible for pr¢paring th¢ TNste¢s' Rep)rt and the tjnancial siatements in accordance wilh applicable law and Uniied Kingdom Accounting Standards (Uniled Kingdom G¢nei?Ily Acc¢pi¢d Accouniing Praciicel. The law applicable 10 ChilleS England and Wales requires ihe trusiees 10 prepare financial siaternen15 for each financial year i%'hich giv¢ a truc and fair vi¢w pf the statt of affaits of thc ¢harity and of thc incoming resources and application of resourccs vf th¢ ch4rity for that ye. In preparing these financial staiements. the trusttts are required to.. scl¢cl suitable 8ccouniing policies and ihen applv them consistently.. - observe tht Melhl$ and principles in the Chariiies SORP., make judgejntnts and estiiiiaies thai are rwonable and prudeni.. stale wheihcr applicable accouniing standards have t¢cn followed. subject io any material departures di5c105ed and explain¢d in Iht financial giaiemenis-, prepare the finaneiai staiemenis on the going concem b&gis unless li is inapproprtate to presume that the charity will continu¢ in opciztion. The trus¢e¢s ar¢ reswnsible for keeping sutTicient accounting r¢wrds that disclose with r¢asonable acturacy at any titne the tinancial position of the charity. and cnoblc them to cn5ure that ihe financial stat¢tnenls Gotnply with thc LhuTilie.E Act 2011, rhe Charity (Accounts aDd R¢wrlsl Regulations 2008 and the provisions of the tnsst d¢¢d. Thev •r u15LI r¢swnsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and d¢t¢ctson of fraud and other iir¢gulgriiie5.
TECH SHE CAN INDEPEDENT EXAMINER'S REPORT TOTHE TRUSTEES OFTECH SHE CAN I rew)rt to the trustees on my examination of the financial statements of Tech She Can (Ihc rharityl for the year ended JO qeplember 2024. Respothslbilillts x]Jd basis of rep(krt As ihe Irusiees of the chaTily you are re5wDsibl¢ for rhc preparation of the finanGial statements in accordance with the requirements of Ihc ChltieS Act 2011 (the 2011 Act). l Teport in respect of my examination of the chaTity's financial statements carried out undcr scttion 145 of the 2011 Act. In carrying out my examinaiion I have followed all th¢ applicable Directions given bv the ChaTity (k>mmis5ion under seciion 145 15Xbl of the 2011 Act. Independent ex&miner'$ statement Since th¢ charity s gross income exceeded £250,0(M) your examiner must be a metnb¢T of a body listed in section 145 of the 2011 Aci. I confiTm that l arn qualificd to undcrtake the ex2mination becausc I am a member of The As%otiation ofchartered CeriifiedAecounwits, which 15 one ot th¢ listed bodieg. Your attention is drawn to the fJGt that the charity has prepared fjnancial statem¢nt5 in accordance with Accotsnting and R¢porting bv ch1[1¢8 prcparing th¢iT dLL'ounls in aCCord8Ce wilh the Financi Rwrting Standard applicablc in the IJK and Republic of Ireland IFRS 1021 in preference to the Accounting RCrtIng b> Charities.. Siaiernent of Rccommended Practice issued on l April 2005 which 15 referred to in the extant regulation5 bui ha8 now been withdrawn. undcrstand that this has bcen done in ordtr for financial statements 10 providt a tTUC and fair view in accordance with Generally A¢¢epled Accounting Praciiee effective for rertIng periods beginning on or aA¢r l Janufjry 2015. I have complcicd my cxaminaiion. I conflrm that no matters have tOTnE 10 Tny attention in connection wilh the examination tlnE me cause 10 klieve ihat in any maierial rcspeci.. acc4)uniing record% were not kept in respect of the charity as required by 5eai0n 130 of the 2011 Aci,. or the financial staicmcnt8 do not acGord wilh those records., or thc financial statcments do noi cotnply WTth thc applicable requirements ¢on¢¢ming the form and wntent of accounis sel out in the Charities IAc£ounts and Reports) R¢gulations 2008 othcr than any requiTem¢nt that the accounts give a true and fair view which is t1 a tnatler considered as pari of independtni cxami5liO. I have no conccms and hav¢ cotne across no oiher mallers in connection '1th the examination 10 which attention should be draw'n in Ihis Ttport Ill Order to cnable a proper understanding of the financial statements to be reached. M A Virgo ACCA Boorm8nsA¢countAnts Ltd EuTopa 14ouse (iold%ton¢ Vill Hoi'c Ea&t BN13 3RQ Dated.. 13 January 2025
TECH SHE CAN BALANCE SHEET ASA T30 SFPTEMBER 2024 2024 2023 Notes Filed asset5 Tanoiblc asseig 5.665 5,489 Curr£TJt a55ets DLbior5 Cash at bank and in hand 200,779 348.116 75,333 206,361 548,895 281,694 Creditors: &moththt$ f%tllinE due within olle
ear {266,653} {54,5841 Net current asset5 282,242 227.110 Total *5sets less Current liabilities 287,907 232,599 Th¢ funds of the charity Unrcstriclcd fvnds- d¢si8nated Unreslricled funds- general 3,838 284.069 3,700 228,899 14 287.907 232.599 The financial 5tatetnenis were approved by the inisiee5 on 13 JanUY 2025 B Higgin Trllsttt
TECH SHE CAN STATF,MENTOF CASII FLOWS FOR THE YEAR ENDED 30 SIPTEMBER 2024 2024 2023 Cxsh flows from operating activitie5 Ch generdied from operaiions 17 144,431 117,272 Investlng *£tlvities Purch¢ of iangible fixed assets 12,6761 (7,3191 Net tAsh used in illvestillg activities 12,6761 (7,3191 Net cash us¢d in finanf ing actilieS Net In¢aSt in cash And tish equiv#ltthts 141,755 109,953 C28h and equivalenis at beginning of year 206.361 96,408 Cgsh llnd cash equival¢nts at end of year 348.116 206,361
TECH SFIE CAIN NOTES TO THE FINANCIALSTATEMETs FOR THE YEAR ENDED 30 SEPTE,IIBER 2024 Attountikng pollties Ch¥rity information Tech She Can is a chariiable incorporated organisation. l.l Accounting convtntio Tli¢ financial %tatein¢nls have b¢en prepared in acLordanLe wilh the ¢h2tity's governing document, th¢ Charities Act 2011. I.'RS 102 '1-h¢ Financial Rerorting Standard applicablc in the IJK and Rcpublir of Ireland" I'FRS 102-1 and the Cliarities SORP "Accountillg and Reporting by Ch8Tities.. Siaiemenl of Recvmmended Pradice appl&cabl¢ to charities preparing Iheir accounts in accordanue with (he Finaiicial Rcporting Standard applicable in th¢ IJK gnd Republic of IT¢land IFRS 1021" (effective l January ?0191. The chaTity is a Publi¢ Benefit Entity a5 defined by FRS 102. The charity has tskcn advantage of the pmvision5 ID th¢ SORP for chariiics not to prepare a Statemeni ofcash FI¢>w8. The finan¢ial st3l¢tn¢nts. have departed from ihc Charities (Accounis and Rep(Trrtsl R¢¥ulations 2008 only to the exicnt Irquir¢d lo provide a true and fair view. I'his d¢pthurt has involvtd following the %tst¢tn¢nt of Recommtnded Pi?ciice for Ch.111¢5 applying FRS 102 rathcr than the veTSiOrt r>f the StateTll¢nt of Rc¢otnrn¢nded Pructicc which is referred to in the Rtkyulations bui i¥hich has since been wiihdrawn. The financial slaittncnls aTC PTcpared in slcrling, which is the funciional currency of tk charity. Montiary amounts in these financial SVdietn¢nts are rounded to the nearest £. The financial statements have been prepared und¢r the historical c051 conveniion. The principal acc4)uniing policies adopted are sd out below. 1.2 Going ¢oncern Ai the iinie of appr()ving thc fi[nClu] sthtcments, the rru5recs have a reasonable cxycclation that the thariiy has ad¢ouai¢ reSoue$ 10 continue in up¢iational existence for the foresecable filture. Thus the trusteeb ¢onlinu¢ io adopt the going conccm basis of ac£ountlll8 in prcparing the financial statemenis. .3 Charitable fvnds Unrcstricred fund5 aT¢ availoblc for use at the discretion of the tTUStccs in fi]rthcranc¢ of their charitable objeciives. Designated funds comprisc funds which have been set aside al the discrciion ot. the trustees for specific puw5cs. The purposes and uses ol'ihe des1g[tCd funds are sel out in the notes io the financial siaiemenis. Restricted fullds arc subject to spccific condiiions by d()nor5 or grantois as to how they may be used. The purwses and U5¢5 uf Ili¢ re51ricted funds are Set out in the noics to the fJjn¢Ia] siaietnents. 1.4 Intomc Iiicoiiie is recognised when Ihe charity is legally entitled lo il the amounts can be measured reliably, and it is probabl¢ thai income will be rtceived. Cash donation5 w¢ r¢cognis¢d on rcceipi. h¢r donations are retognis¢d once the GhaTity has been norificd of the donation. unless p¢rfoi'manc¢ conditions require deferral of Ihc amoiint. Income i&x r¢cov¢rable in rel10 10 donations r¢¢eived under Gift Aid or deeds tsf covcnani is Te¢ogni%cd ilt th¢ tiTnB of the donalion. Legacies are rccognised on rtceipt or otherwise if the charity kn been noiifitd of an impending distTibution, the amount is known, and receipt is cxpectcd. If the amount is not known. the legacy is trcated as a ¢OnlingttJi asset. Donated services and faciliiies arc included in thc Statenient of Financial Activities where the benefit to the charity is reasonably qualllifiable and measuTable. The value pl¥c¥d on these resources is the ¢siirnated value to the eharity of the s¢rvicL or lacilil), re1ved.
TECII SHE CAN NOTF,STO THE FINANCIAI.STATEMENTS (CONTINUED) FOR THE YEAR ENDED 311SEPTE,WBER 2024 Acr ou]Jting poliei Icolltithutd) 1.5 Expenditure Lxptndiiurtr is recognised once their is a legal or constructive obligaiion io transfer economic benefit to a third paty, it is probablc Ihai a transfer of economic bentfils Wtll bc rcquired in Settlemertl. and the amount of the oblig21ion can be msred i'eliably. ExpendTtUT¢ 15 Glassified by activity. The ¢osL% of each activity rna(l¢ up of lh¢ total of diir¢¢ costs and shared ¢osi$, including support costs involved in undertaking each activily. Direct Costs altribuiable to a single activily are allocaitd direcily to that activity. %hared costs whioh contributc to more than one activity and support costs h1¢h are not attributable io a single activity are apportioned betw¢¢n those aGtIVTtleS OD a basis wnsi5tent wilh the use of resources. Central staff c051s are allocated on the basis of time spent, and depreciation charge8 are allocated on the portion of the asse( s use. Fundraissng cosis include the salsries and OVeTheadg 3SSOtiated with Eenerttting income frotn stTttiegic partnerships and dotLatiOn5. Govemance costs include Ih08e incurred in the governance of the charity and its asseis and are primarily &ssoci&¢d consiiiuiional and sthtuiory requirements. 1.6 Tangible fixed Asset5 Tangible lixed assets are initially measured ai ¢ost and subsequcrttly mttsUTed ai Cost or valuation. nci ofdepreciation and any irnpairmcni losses. D¢pr¢Liation is recognised so a5 to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Office equipinent Computer equtpment 4 y¢#r$ straight line 4 years strnighi lin Th¢ gaill or loss ari8lllg on the disposal of an a85et is determined as the difference t¢tween the sale proceeds and ihe carying value of the assel. and is recognised in th¢ statement of financial activities. 1.7 ImpAirmtnt of fixed #5setS Ai each rewning end dat< the charity reviews the carrying amoiints of ils langible assets lo determine wheihtt there is any indication that ihose asscts hav¢ suffered an impairmcni loss. If any such indicaiion cxists, the recovtrablc amouni of the asset is estimated in order to determine ihe ¢xtent of the impairment loss {if any). 1.8 Financial instrurnents The charity has clcclcd to apply thc provisions of Scclion I I 'Basic Financial Instrufflent5' and Scction 12 '0ther Financial Initrurnenl$ lssu¢$' o>f FR$ 102 to all of it% finan¢ial instTuments. asiefittancialo5sets Basil financial &sets, which include d¢btors and osh and bank balanLes, aT¢ initially measured at twsaction prit¢ including lrnnsaction costs and are subsequcnily carricd al atnortiscd Using the cffLclive interest mcihod unle55 Ihc aTrnngem¢nt Gonstitutts a fiDancing transaction, wheT¢ the tTan5adion 15 Tn¢4swed at the pr¢s¢nt value of the future T¢¢eipts discounte(l at a mw'ket rate of interest. FinanGial assets cla55ified gs Tec¢ivabl¢ within one year are not wnortised. Bftsicfinanciftl liftbililie5 B&sic finaiicial liabilities. including creditors and bank loan% are initially recognised at transaction price unle55 th¢ arrangement constitutes a financing transacrion. whcre th¢ dcbt insirurncni is measurcd ai the presenr valuc of the fuiurc payments discounted at a market raie of inieresi. Financial liabilities classified as payable within on¢ year are not amortised. Trade creditor5 are obligattons io pay for goods or services that have acquired in the ordinary wurse of operations from siippliers. Arnoiinrs payable arc classificd as currcnr liabiliiic8 if payrncni is duc w'ithin one year or less. If noi. the}, are presented as non-curr¢nt liabiliiitt. Trade crediiors are i.ecolIS¢d iniiially ai transaciion price and 5ubs¢quenily m&q8urtd at amoniscd cost using the cffecliwe intcrcst method. 10-
TECH SHE CAN NOTF,S TO TIIF, FINANCIAL STATEMENTS (CONTINUED) FOR TIIE YEAR EI%DED 30 SEPTEMBER 2024 Accounting policie5 Icolllittuedl 1.9 Employee benefits The cost ol. any unustd holiday entitlement is rec4)gnised in the period in which the tmployce's gervices are received. Terniination benLfiiS are Tccogniscd immcd1tlY as an expcnse when the charity is dcmonstrably committed to ierminate Ihe employment ot'an cmployee or to pix)I'idt iemiination bentlits. .10 Retirement benefits Payment% lo defin¢d contribuiion r¢tir¢m¢nt btn¢fJt 5cliemes are charged an expen$¢ as they fthl due. Donations #nd legxties Unrestricted Unrestricted funds runds 2024 2023 Donations and gifis t)onoted good5 and 5¢rvicts in kind 123,921 85,724 126,548 252,332 209,645 378.880 Donatiolls and gift5 Corroraie donations Donations froin individuals 103.398 20,523 12,447 123,921 126,548 l)onated Stlet5 in kind Duriiig the year various staff members were seconded from their employer to carry out ivork ot] behalf of ihe chariry. In accordance with the charity's accouniing policy the irusiees csiimaie the value of the staff costs to k £84.527 {2Q23 £252,332). Income from cbgritable activitie5 Str*tegit pxrtn¢rships Grants r¢¢tived Total Total 2024 2024 2024 2023 Sales wiihin charitable attivities Perfonnance relaied grants 433,146 433,146 213.600 339.066 213,600 433,146 213,600 646,746 339,066 Analysis by fund Urnestricteil funds Resiricted funds 430,021 3,125 430,021 216.725 293,216 45,850 213,600 433,146 213,600 646.746 339,066
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TECH SHE CAN NOTESTO THE VINANClALSTATEMETrs (CONTINUED) FOR TIIE YFAR EJVDED 30SEPTEMB£R 2(124 Nef movemtllt ill funds 2024 2023 The net movement in funds is stated after charging{crediiingl'. Depreciation of owned tangible fixed assets 2,500 1.830 Trusttt5 Non¢ of th¢ tru5t¢e5 lor any persons connected wttli ttlcml r¢cciv¢d any remuneration OT btncfits from the Charity during the Ye.. Employees The average monihly number of employees during ihe year was-. 2024 In kind 2024 Payroll 2023 kind 202J Payroll Ernployment ¢051S 2024 2023 Wagcs and salarics lincludiiig donated s¢i'viccs in kindl Social security costs lincludirtg donated serviccs kindl Other pension ¢osl$ (including doDat¢d services in kindl 466.519 48,741 10,480 38.544 8,524 525,740 362,202 The numt¢T of tmploytts ,hOSe annual remuntration tnor¢ Ilion 160,000 15 a5 follows.. 2024 Z023 Number Numbtr £60.001 to £70,000 Txtion The charity 18 eXmpt frotn takation on its activities be£ause all ils income is applied for ehariiable PUT3. 13
TECH SHE CAN NOTES TO THE FINANCIALSTATEMETrfTS {CONTINUED) FOR THE YEAR E,DED 30 SEPTEMBER 21124 T&llgible fixed Assets Office equipment Computer equipment Cost Ai l October 2023 Additions 149 5,973 3,873 6.122 3,873 AI 30 September 2024 49 9,846 9,995 DepreciThtion impRirment Ai l Ociober 2023 l)¢preciaiion charged in th¢ year 37 38 .793 2,462 1,830 2,500 AI 30 Scptcmber 2024 75 4.255 4,330 Carrying amoullt AI 30 Scplcinbcr 2024 74 5.591 5,665 AI 30 S¢pt¢rnber 2023 112 5,377 5,489 10 Debtor5 Z014 20Z3 Amounts f311ing due one year.. Trade debtors Pirpaymenls and accrued sncome 200,216 563 74.4QO 933 200,779 75,333 Creditors.. amounts falling due within one ytar 2024 2023 Notes Oiher taxation and Social security Deferred income Trade crediiors Othcr crcditor8 AGcruals 81,603 179,490 2.325 1.943 ,292 36,122 15,000 853 12 2.609 266,653 54,584 14
TECH SHE CAN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 21124 12 Deferred income 2024 2023 Arising froni in¢omc rcccivcd in advance 179,490 15,000 Deferred income is irtclU(kd in the financial siaiements as follow$'. 2024 2023 D¢frrnl inconie is included within.. Currtnt liabilities 179,490 15,000 Movements in the year.. D¢ferred income al l October 2023 Rcleastd from previous peTiods Reseurccs deferrcd in the year Is,0 115,0001 179,490 15.000 Dcfcrrcd incom¢ at 30 S¢pt¢inkr 2024 179,490 15,000 13 RetiremtDt benefit sehemts 2024 2023 Deflned tonlributloh sehtm¢$ Charge to PTofJt or1055 in r¢5pect of defined contribution 5chernes 10,480 8,524 The charily opetaies 2 defined wntTibulion pension Scheme for all qualifying employee8. The assetg of the scheme att h¢ld separatclv frorn those of the charity in an independently administered fund. 14 Designllted funds The unresiricied fund8 of ihe charity comprisc the unexpcnded balances of donation$ and gT8nts which are not 5ubje£t to specific condiiions b). dLTrnvrs and grdtitor5 as lu hov4 ihcy niay be used. These include desig[ted fvnds which have ken set aside our of unrestricied fLd8 by the tTUSt¢¢s foT s¢IfIC purp05e5. MowemElIt in fund5 Incoming TrAnsfers re50urcts Balanee at October 2lJ23 B#l#rtte xt 30 StptembEr 2024 Tech She Can Birthday 3.700 138 3,838 3,700 138 3,838
TECH SHE CAN NOTESTO THE FINANCIALSTATEMEiNTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 21124 15 Analysis of ntt 11ssets belwetn fuJJds Unrestricted Designated funds funds Z024 2024 TotAI Tot1 2024 2023 Fund balance5 at 30 September 2024 are represented by.. Tangible ass¢t5 cuettt a$salI1#bilities} 5,665 278,404 5,665 282,242 5,489 227.110 3,838 284,069 3,838 287,907 232,599 16 Related PArty trithsattiotts There weTe no diselosable r¢l#t¢d party trwisaGlions during the year. 17 CA5h g¢n¢rat¢d from optrations 2024 2023 Surplus for Iht year 55,308 133.843 Adjustments for.. DepT¢ciation Jnd irDpaiTm¢nE of tatwble fixed assets 2,500 1,830 Movements in working capital.. Ilncr¢as¢1 in dcbior5 InLrttasc in crcdilors Increase in deferred income 1125,4461 47,579 164,490 {50,7481 17,347 15,000 C&sh gentrttd from operxtlolls 144,431 117,272 16-