TALLAFI UK Financial Review
FOR THE YEAR ENDED 31 MAY 2026
Assets held on behalf of others: TALLAFI UK does not hold any assets on behalf of others. Investment policy: TALLAFI UK does not hold investments and does not have an investment policy.
Annual accounts
The secretary confirms that the accounts for 2025 - 2026 comply with current statutory requirements and the requirements of Tallafi UK's governing document (Constitution). The secretary presents the charity's report, which includes its financial statements for the year ending 31st May 2026. The financial statements have been prepared in accordance with the requirements of the Statement of Recommended Practice on Accounting and Reporting by Charities, issued by the Charity Commission in 2005 (SORP 2005).
In the financial year 2025-2026, total incoming resources were £21,315. Grants were the primary source of funding. Total resources expended amounted to £6,285, consisting of operational project expenditures.
STATEMENT OF RESPONSIBILITIES OF THE DIRECTOR AND EXECUTIVES OF TALLAFI UK
The Director and Executives are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. 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. The Directors and Executives are responsible for ensuring that this report is prepared in accordance with the charity law of England and Wales.
Opening Balances (1[st] June 2025)
Total funds brought forward: £15.00
Unrestricted funds: £ 15.00
Restricted funds: £ 0.00
TALLAFI UK
Profit And Loss Account
For the year ended 31[st] May 2026
| 2025/2026 | ||
|---|---|---|
| £ | ||
| Income | Donations _General | 15.00 |
| Grant_ National lottery | 19,300.00 | |
| Grant _ Culture Grant | 2,000.00 | |
| £ 21,315.00 | ||
| Expenses | ||
| Expenses_National lottery | 4,285.00 | |
| Expenses_Culture Grant | 2,000.00 | |
| £ 6,285.00 | ||
| Net (loss)/profit | £ 15,030.00 |