Charity registration numbèr 211042 IEn9land and Walès)
Charity registration number SC045491 Iscotlandl
Company registration number RC000619 IEngland and Wales)
TOCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

TOCH
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
T Drummond Ichairl
P Dimoline (Hon Treasurerl
D Poole
D Child
R B3rker (Vice chairl
P Gill
Charity number (England and Wales)
211042
Charity number (Scotlandl
SC045491
Company number
RC000619
Registered office
483 Green Lanes
London
N134BS
Indèpendent examiner
Jerroms Business Solutions Liwiled
Lumaneri House
Blythe Gate
Blythe Valley Park
Wesl Midlands
B90 8AH
Banker5
The Co-opeialive Bank PIC
PO Box 250
Dell House
Southway
Skelmersdale
WN86
Solicitors
B P Collins
Collins House
32-38 Station Road
Gerrards Cross
Bucks
SL9 8EL

TOCH
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
Flnancial rÈview
Reserves policy
We anticipate in the medium term that our income will eorne from four main sources..
Individual giving from members and other supporters as well as events income from activity we will develop
over the first thiee years of the plan.
Grants from Charitable Trusts and Foundations
Grants trorr public bodies including local aulhorilies. CCG'S, Central Govemment elc.
Social Enterprise Income.
Our strategic plan develops this Income profile over a Ihree-ye3r period. Vve will begin with social enlerpr15e income
and then as we develop new programmes of activity we will apply lor funds from other sources.
At present most ol our income streams are indicalwe and we are therefore unable lo say with certainty that they will
accru8 as planned. This is why we have sel aside reserves.
More people are joining Toc H as members bul thi5 is not yel reflected in our income because numbers overall
continue lo decrease this is because we have a largely eldeily membership.
We have a number ol branches which are now dormant in our accounts either because they have closed or have
not reopened post Covid. During the year we will review the funds frorn these accounts.
Structure. 9overnan¢e and management
The trustees. who are also the directors lor the purpose of company law, and who sewed during the year and up to
the dale of signature of the financial statetllen15 weie.
T Drummond (Chairl
P Dimoline (Hon TreasLJrerl
D Poole
D Child
N Mears
L Parker
R Barker (VI￿ chairl
P Gill
(Resigned 25 September 20231
(Resigned 31 Maich 20241
Recriiitment and appoinlmetil c>[ trustees
None of the tiustees has any benèficial interest in the company. All of the trustees are members ol the company.
The charity is governed by its, Royal Charter and is an Incorporated association.
Organis8tional stwcliire
The Trustees met lor three full board meetirigs during the year ended 31 March 2024.
The Finance and General Purposes Committee has been given delegated authority by the board to make essential
operation31 decisions. The Finance and General Purposes Committee consists of.
-The Chair
-The Vice Chair
-The Honorary TreasU￿r
-The Chief Executive Officer
All decisions taken by the Finance and General Purposes Committee are reported to the next full meeting of the
board for 5CYUtiny and ratific31ion.

TOCH
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
A key part of our strategy during the year was the devekjpment ol second-hand shops around which we had hoped
lo build new community hubs as the focus foi building new work acioss the country. Our first shop In Newport did
nol pertorrn according to plan and we decided to close It after three tnonth5 because ils level of turnover was
significantly below expectations. This was primaiity because of the location of the premises and the closure during
the first month ol Ihe adjacent Wilco store. which provided much of the walk past cu5totnei potential. In our
reflections on this direction ol travel we also recognised that this model requires a mijch tnoie mature community
organisalion to support il if it is to be successful. We monitored performance very carefully and so look the decision
to close the shop as soon a5 we were clear il was unlikely lo provide Ihe surplus we needed to suslain local work.
With the start-up C051s, slaft costs and our liability on the lease we have made an overall loss on thi5 Initiative of
£137.000.
Our work on Newport has grown significantly over the year and we have strengthened our relationship with the local
aulhorily. We submitted a bid for £250.000 lo the Community Ownership Fund lo renovate the building arid rnake il
more ecologically friendly and we are waiting for a decision on the application (we have expected this In early June
but the General Election created a period of 'purdah' lor announcernents about governtnent funding and so we are
still walling lo hear whether the application has been successfull. We have also been Successful with olhei grants
and will be able lo expand the work al Newport particularly around sUPPOrting children and young people.
Our Newport services include the Eveswell Explorers and Giggle Wiggles Slay and Play groups, both ol which enjoy
consi51ently high attelldance and are a much-needed support to low-income families In the area. Typically. these
farnilies struggle to 8fford childcare and do not hève the funds lor expensive days out. Children ieceive valuable
lèaining experiences and 50eialization with peers. and the groups act as a dependable source of friendship, stability
and cornmunity for fatnilies.
The High Brooms work also continues to go well, again we have had some success with lundr3ising with the work
here. Fundraising is particularly difficult in High Brooms because of its location in the Royal Borough of Tunbridge
Wells and the pertsplion that the area is relatively wealthy. Much ol the work we do in High Brooms is locussed on
the less wealthy and particularly on young families and older people. a significant amount of work has also been
done on repairing and Lipdating the building.
Highlights of our work in HKJh Brooms include our growing Neurospicy group. offering peer 5UPPOrt lo neurodiverse
Ghildren and their families, and our partnership with Olympia Boxing. which supports young people irnpiove their
confidence. resilien￿ and emotional wellbeing through boxlit cl955es. We 31so continue our work with older
residents through community participation and our popular HB Arts Club. Attendees valLJe the rnental health benefits
and friendships which arise from our groups and are encouraged to co-delivei sessions alongside our woikèrs when
possible.
Our Blackpool work continues to go from stienglh to 51ienglh. we have built on the excèllent work that was already
underway at St Peler's South Shore, which has increased the amount of activity al the Ghurch cornmunily centre
and provided some new support slralegie5 for those who have attended.
Our work in Blackpool operates in one of the most economicalty deprived areas in England. Despite these difficult
circumstances, attendees of our That Friday Feeling and Art and Soul groups are building flourishing lives,
characterized by cornmunity and connection. Our 5UPPOrt offers purpose, meaning and community lo these
BlackrKJol residents, helping them navigate complex issues including addition. horneles5ness and mental ill-health.
Oui website is now up and iunning and provides us with credibility, a good user experience. good accessibility. and
Market￿ng possibil￿tieS which vnlil now have been unavailable. We llow create a good first impression as 8n
organisalion on11ne and we have been able to make the websrte mole interactive and we hope to increase the
conver510n rates for the activities we manage and organise. The analytics and insights we now get into Use of the
website also provides useful information Into how people see u5.
We have completely refreshed our Weirside hostel in the Lake District. this has Included repairs to the structure ol
the building, the roof in particular, the installation ol Wi-Fi. a new fireplace, a revamp of the bunk beds, new rugs
and carpets, nèw sofas and nèw crockery and cutlery. The place is now lully functioning.
Our local cotnmunity work continues in Sallburn-by-lhe-sea. Cosby. Denny in Scotland and Barton-upon-Humber.

TOCH
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
The Iru5tees' report was approved by the Board ol Trustees.
P D.t)
T Drummond (Chairl
Chair
P Dimoline (Hon Treaskjrerl
Trea$urÈr
Dale..
Iq. P. IL4

TOCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TOC H
I report to the trustees on my examination of the financial statements of Toc H (the chaiityl ft)r the year ended 31
March 2024.
Responsibilities and ba515 of report
As the trustees of the charity 13nd also ils directors for the purposes of company lawl you are resporisible lor the
preparation of the financial statements iri accoidance with the requirernenls of the Charities and Trustee Investment
(Scollandl Act 2005 Ilhe 2005 Act). Ihe Chaiities Accounts Iscollandl Regulations 2006 las amended) and the
Cornp3nies Act 2006 (the 2006 Acll. You are satisfied that the financial statemènts of the chaiity ale not required by
Charity or company law to be audited and have chosen instead to have an Independent examination.
Having satisfied myself that the financial slatemenls ol the charity are not required lo be audited under Part 16 01
the 2006 Act and are eligible lor independent exatnination, I report in respect of my examination of the charity's
financial slalements carried out under section 44111 l Gl of the 2005 Act and section 145 01 the Chanties Act 2011
Ilhe 2011 Act). In carrying out tny exarnination I have followed the requirements ol Regulation 11 of the Charities
Account5 (Scollandl Regulations 2006 las arnendedl and all the applicable Directions given by the Charity
Commission undei section 14515llbl ol the 2011 Act.
Independent examinerfs statement
Since the ch3r1ty is required by company law to prepare ils accounts on an aeeru8ls basis and is registered as
charity in Scotland your exatllinei musl be a tnember of a body listed in Regulation 11121 ol the Chaiities Accounts
(Scollandl Regulations 2006 las 3rnendedl. l confirm that l am qualified lo undertake the examin81ion because l am
a metnber of Association of Chartered Certified Accounlanls, which is one ol the listed bodie5.
I have completed my examination. I confiirn that no marter5 have come lo my altention in connection with the
examination giving me cause to believe that in any rnateiial respect..
aocounting records were not kept in respect ol the charity as required by section 386 of the 2006 Act and
Regulation 4 of the 2006 Accounts Regulations.. or
the financial slalemenls do not accord with those records., or
the linanaal statement5 do not comply with the accounting requirements of Regulation 8 of the Charities
Accounts Iscollandl Regulations 2006 las amended) and do not Gotnply with Ihe accounting requirements ol
seclion 396 01 the 2006 Act other than any requiremeiil that the accounts give a true and fair view which is not
a matter considered as part of an Independent examination. or
the financial slalemenls have not been prepared In accordanTr with the methods and principles ol the
Slalemenl ol Recommended Practice for accounting and reporting by charities applicable to chaiities
prepaiing their accounts ITI accordance with the Financial Reporting Standard applicable in the UK arld
Republic of Iieland IFRS 1021.
I have no concerns and have come across no other tnalleis in connection with the examinalion to which attention
should be drawn in this report in ordei to enable a proper understanding ol the financial stateme￿IS to be leached.
Jerroms Business Solutions Limitsd
Mr Mark James Eden
Chartered Certified Accountsnts
Lumaneri House
Blythe Gale
Btythe Valley Park
Wesl Midlands
B90 8AH
Dated"

TOCH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrict•d Reslricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from..
Donations and legacies
Charitable aclivilies
Enterprise Income
Investments
Other income
47.250
20.000
6.895
67.250
6.895
13.396
35,120
22,322
198.934
198.934
13.396
35,120
22,322
50.046
33.957
50.046
33.957
Total income
118,088
26,895
144.983
282,937
282,937
Expenditure on..
Charitable activities
Relief to pool and aged
Advance education
Facilities for recreation
or olhei leisure time
Enterprise Expenditure
188,727
25.476
5,430
506
194.157
25.982
231.088
21,683
231.088
21,683
139,540
150,175
6,986
146.526
150.175
121.849
121,849
Total charitsble
expenditure
503,918
12.922
516.840
374,620
374,620
Material cos15
Other expenditure
3,257
4.107
3,257
4.107
13
204
204
Totsl expèrbditure
511,282
12,922
524,204
374.824
374,824
Net gain51llossesl on
investments
14
7,289
7.289
95,241
95,241
Net Incomellexpenditu￿I
1385.9)51
13.973
1371,9321
3,354
3.354
Transfers be￿een
fvnds
14,4221
4.422
other recognised
gains and losses..
Revaluation ol tangible
fixed assets
{107.3811
1107,3811
Net movement in
fund5
10
1390,3271
18,395
1371.9321
1104.0271
1104.0271
Reconciliation of funds=
Fund balances al 1 April 2023
1,125,930
8,612
1,134,542
1,229.957
8.612 1.238,569

TOCH
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Fund balancès at 31 March
2024
735.603
27,007
762,610
1,125,930
8.612 1,134.542
The slalemenl of financial activities includes all gains and lossè5 recognised in the year. All income and expenditure
derive frorn continuing activities.

TOCH
BALANCE SHEET
AS Af31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Irlvestment property
Investrnents
16
17
18
146,443
420.000
145, 176
420,000
208.398
566,443
Current assets
Debtors
Cash at bank and in hand
773,574
19
24.233
186,737
3,659
363.928
210.970
Creditors-. amounts falling due within
one year
367,587
20
114,8031
16.6191
Net current assets
196,167
360.968
Total assets lèss current liabilities
762,610
1.134.542
N•t assets èxcluding pension liability
762,610
1.134.542
The funds ofthe charity
Restricted income funds
Unrestrieled funds
Revalu8lion reseNe
23
27.007
462,984
272.619
8.612
745.930
380,000
762,610
1, 134.542

TOCH
BALANCE SHEET (CONTINUED)
AS AT31 MARCH 2024
The company 1s entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act
2006. lor the year ended 31 Maich 2024.
The trustees acknowledge their responsibilities for ensuring that the charty keeps accounting ￿CordS which o)mply
with section 386 01 the Act and lor preparing liriancial statements which give a true and fair view of the slate of
affairs of the company as at the end of the finaricial year and of it5 Incoming resou[￿S and application of re50uices.
including ils inoome and expenditure, for Ihe financial year in accordance with the iequiremenls ol sections 394 and
395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements.
so lar as applicable to the cornpany.
The members have nol required the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the piovisions applicable lo companies subject
lo the small companies regime.
The financial statements were approved by the trustees on
T Diummond Ichairl
Chair
P Ditlloline (Hon Treasurer)
Treasurèr
Company registration nurnber Rc00(￿19 (England and Walesl

TOCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AIARCH 2024
Accounting polFcies
Charity information
Toc H Is a private company limited by guarantee Incorporated in England and Wales. The registered Offi￿ is
483 Green Lanes. London, N13 4BS.
1.1 Accounting convention
The awounts have been prepared in accordance with thè charity's Royal Charter. dated 10 June 1971 las
amended 11 December 20131. the Charities and Trustee Investrnent (Scollandl Act 2005. the Charilies
Accounts Iscotlandl Regulations 2006 las amended), the Companies Act 201K and "Accounting and
Reporting by Charities." Statement of Recornrnended Practits applicable lo chaiities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
las amended for accounting periods commenang from 1 January 20191. The charity is a Public Benefit Entity
a5 defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Updale Bulletin
1 not to pre￿re a Statement of Cash Flows.
The financial slalements are prepared in sterling, which is the functional eurrency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and lo include investment properties and certain financial instrumen15 at laii
valuel. The prin¢ipal 8ccounling policies adopted are set out below.
A subsidiary. Toc H Trading Community Interest Cornpany IC.I.Cl was incorporated on 11 August 2023. Toc H
Trading C.l.C is 3 private company limited by guarantee. Toc H has laken exemption from preparing
consolidated aGGounls a5 the net Income of the group lie. after removing inlr3-groLJP Iransaclionsl in the
a¢couriling period is no more than the audit threshold under the relevant charity legislation.
1.2 Going concern
At the time ol approving the financial slatements. the trustees have a reasonable expectation that the charity
ha5 a(tequale resources to continue In operational existence for the foreseeable future. Thus the Irustees
continue lo adopt the going concern ba515 Of accounting In preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion ol the trustees in furtherance of their ¢haril3ble
objectives.
Restricted fLJnds are subject to specific conditions by donors or grantors as lo how they may be used. The
purpose5 and uses ol the restricted funds are set out in the notes lo the finanual statements.
Endowment funds arè subject lo spec4fic conditions by clonors that the capital must be maintained by the
charity.
1.4 Incoma
Income is recognised when the charity is legally entitled lo il after any performance conditions have been met.
the amounts can be measured ieliably. and il Is probable that income will be re￿ived.
Cash donations ale iecognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions ieqLSiie defeiral of the amount. Income tax recoverable in
relation lo donations received under Grft Aid or deeds of covenant is recognised al the time ol the donation.
Legacies to which the chaiily is entitled ale induded in the slalement of financial activities unless they are
incapable of mea5uremenl.
10-

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.S Expenditure
Expenditure Is recognised once there is a legal or constructive obligation lo transfer ecoriornic benefi't ID a
third party, il is probable that 3 Iransler of economic benefits will be required In settlement, and the amount ol
the obligation can be measured reliably.
Expenditure is classified by èclivily. The c05t5 of each activity are made up of the total ol direct costs and
5haied costs. including support costs involved in undertaking each aclivily. Direct costs attributable to a single
activity are allocated diieclly lo that activity Shared costs which wnlribute lo more than one activity and
support costs which ale not altribulable to a single actiwly are apportioned between those adivilie5 on a basis
consistent with the use ol resources. Central 51aff cost5 are allocated on the basis of lime spent. and
depreciation charges are allocated on the portion of the asset's use.
Restricted funds are to be used foi specified purposes laid down by the donor. Expenditure for those
purposes is charged to the fund. together with a fair allocation of overhead5 and support costs.
1.6 Tangible fixèd assets
Tangible fixed assets arè Initially measured at cost and SLJbsequently measured al cost 01 valuation, net of
depreciation and any irnpairrnent losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residLJal values over their
useful lives on the following bases
Land and buildings
Fixtures, fittings & equipment
Plant and machinery
Motoi vehicles
20Q/ts Straight line
20°/0 Stiai9hl line
10°A Straight line
The gain or loss arising on the disposal of an asset is determined a5 the difference betheen the sale proceeds
and the carrying value ol the asset, and is re¢ognised In the staternenl of financial activities.
1.7 Investment property
Investment property. which is propety hèld to eain rentals andlor for ¢apital appreciation, is initially
recognised al cost. which includes the purchase cost and any directly attributable expenditure. Subsequently
Il Is tne85ured at lair valLJe at the reporting end dale. The SL4rplus or delicil on revalualion is recognised In
profit or loss.
1.8 Fixed asset invèstments
Fixed asset investments are initially measured al transaction price excluding transaction costs, and are
subsequeniiy measured at fair value al each reporting date. Changes in laii value are recognised in net
incomellexpendituiel for the year. Transaction costs ale expensed as incurred.
1.9 Impaimient of flxed zssets
At each reporting end dale, the chanty reviews the carryillg arnounls of its tangible assets to determine
whether there is any Indication that those assets have suffered an impairment loss. If any such indication
exists. the recoverable amount ol the asset is eslitnaled In order to determine the exlenl of the impairment
loss lif any).
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
Investments with original tnalurilies of three months or less. and bank overdrafts. Bank overdrafts are shown
W1thin borrowings in current liabilities.

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policSe$
Icontinuedl
1.11 Financial instruments
The chaiily has elected lo apply the provisions of Section 11 'Basic Firiancial Inslrumenls. and Section 12
'Othei Financial Instruments Issues ol FRS 102 to all ol its financial instruments.
Financial instruments 8ie iecogn15ed in the oh81ily'$ balance she&t whèn the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in Ihe financial Statements. when
there is a legally enforceable right to set off the recognised afflounts and there is an intenlion to settle on a rTrel
basis 01 to realise the 8sset and settle the liability simultaneoLJsIy.
Basic financial assets
Basic Iinancial assets. which include debtors and cash and bank balances. are initially measured al
transaction price including transaction c051s 8nd ale subsequently carried at amortised cost Ljsing the effective
interest method unless the arrangement constitutes a financing transaclion, where the transaction is
rneasured al the present value of the future ieceipts discounted at a market late ol interest. Financial assets
classified as receivable within one year ale not amotlised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recogn15ed at Iiansaction price unless
the arrangement constilules a financing transaction. where the debt instrurnent is measured al the present
value of the luluie payments di%ounled al a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt in51rumenls are subsequently ¢8riièd al amortisèd cost. using thè effective interest rate method.
Trade creditors are obligations to pay lor goods 01 5ervice5 that have been acqisired In the ordinary course ol
operations from suppliers. AmoLJnls payable are classified as current liabililies if payment Is due within one
year or less If not, they are presented as non-cuirent liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the elfective interest method.
Derecggnition of financial liabilitie5
Financial liabilities are derecognised when the charty's contractual obligation5 expire or are discharged or
cancelled.
1.12 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee'5 setvice5 are
received.
Termination benelits are recognised irnmedialely as an expense when the charity is demonstrably committed
lo lerminate the employment of an employee 01 to provide termination benefits.
1.13 Retirement benefits
Payments lo defined contribution retirement benefrt schemes are charged as an expense as they fall due.
1.14 Branches
The branches are included in these accounts where returns have been received al central Servi￿$. BianGhes
undertake their own fundraising with central support.
Branches consist entirely of volunleers. The Toc H Trustees oversees the delivery of welfare sewices.
12

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinuedl
1.15 Fund Accounting
Restricted funds are to be used for specific purposes laid down by the clonor. Expenditure lor those purposes
is charged to the fund. logethei with a fair allocation of ovefheads and support costs.
Unreslricled funds are donations and other incorving resources received or generated for expenditure on the
general objectives of the charity_
Income from donations and legacies
Unrestricted Restricted
lunds
lund5
2024
2024
Total Unrestricted Restrlcted
funds
funds
2023
2023
Totsl
2024
2023
Donations and gift5
Legacies receivable
Grants received
247
36.142
10.861
247
36,142
30,861
118.408
69,441
11,085
118.408
69.441
11,085
20.000
47,250
20,000
67.250
198,934
198.934
Grants receivable for core activitles
Gift Aid
Lottery Grant
The Henry Smith Charity
National Grid Electncity
Distribution
Other
1.085
10.000
1,08S
10,000
10.000
10,000
10.000
10,000
10,861
10.861
10.861
20.000
30,861
11.085
11.085
Income from charitsble activlties
Branch
activitie5
Total
2024
2023
Weslhill Endowment- Grant for Work In Blackpool
6,895
Analysis by fund
Restricted ILJnds
6,895
6.895
13-

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from enterprise income
Unrestricted Unrestricted
funds
funds
2024
2023
Non-charitable trading activities
13.396
Income from investments
Unrè5trictsd Unrestricted
funds
funds
2024
2023
Rental incorne
Interest re￿1vable
33.341
1.779
49,754
292
35.120
50.046
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
Nel gain on dispossl of tangible fixed assets
Membership subscriptions
26.317
7.640
22.322
22,322
7,640
14-

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TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Grants payable
Facilitie5 for
recreation
or other
leisure time
2023
Grants lo inslilulion5-.
Pakistan Flood Relief
1.OCM)
Support costs allocated to a¢tlvltlès
2024
2023
Subsistence costs
General travel expènsès
Trustees expenses
Equipment purchases
Office costs
SLJndry expenses
Governance costs
6,353
9.578
4.900
1,854
9,285
9,896
20.587
3,510
13.529
4.079
6,063
7,120
9,404
17,883
62.453
61.588
Analy5ed between=
Relief to poor and aged
Advance education
Facilities for recreation or other leisure time
28,104
6.246
28.103
27,714
6.160
27,714
62.453
61.588
2024
2023
Governance costs comprise-
Examineis fees
Bookkeeping fees
Legal and professional
4,660
4.320
4.759
8.804
15.927
20.587
17,883
Key".
CA 1 Icharrtable activity 11- Relief to poor or aged
CA 2 Icharilable activity 21- Advance education
CA 3 (Charitable activity 31- Facilities for recreation or other leisure time
Basis of allocation- CA1& CA3 . 45fj/o,CA2-10°
16-

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Net movement in funds
2024
2023
The net movement in funds is stated after chargin9llcreditingl'
Fees payable for the independent ex8minati(>n of the charity's finanGial
Slatemenls
Depreciation of owned tangible fixed assets
Lossllprofitl on disposal of tangible Iixed 8ssels
4,660
5.670
3.966
4,320
1,291
126,3171
11
Trustees
S trustees were reimbursed a total of £4.233 Iravelling and subsistence expenses12023 - 2 trustees were
reimbursed a total of £4,180) during the year.
None of the Iruslees received any remuneralpon or benefits from the charity during the year.
12 Employees
The average monthly nurnber of employee5 during the year was..
2024
Number
2023
Number
Admiriistiatio
Employmgnt costs
2024
2023
Wages and salaries
Social security costs
other pension costs
175,606
18.019
12.234
167,654
12,119
12,406
205.859
192.179
There were no employees whose annual remuneration was more than £60,000.
13 Other expenditure
Unrestricted Unrestricted
funds
funds
2024
2023
Nel loss on disposal of tangible fixed assets
Financing costs
3,968
141
204
4.107
204
17-

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Gains and losses on investrnents
Unrestricted Unrestricted
fund$
funds
2024
2023
Gainslllossesl arising on..
Revaluation ol investments
Sale of investments
112,1401
107,381
7,289
7,289
95,241
15 Taxation
The charity is exempt from taxation on its activities because all it5 income is applied lor charitable purposes.
16 Tangibte fixed assets
Land and
buildtng5
Fixtures,
fittingg &
equipment
Plant and
machinery
Motor
vehicle5
Totsi
Cost
At 1 April 2023
Additions
Disposals
123,342
1.095
15,146
12,185
9,760
14,990
151,612
24,906
114,9901
114.9901
At 31 March 2024
123,342
16,241
21.945
161,528
Depreciation and impaim)ent
At 1 April 2023
Depreciation charged in the year
Eliminated in respect of disposals
4,391
1,522
6.523
2.649
125
1.499
11.6241
11,039
5,670
11.6241
Al 31 March 2024
5,913
9.172
15.085
Carrying amount
Al 31 March 2024
123.342
10.328
12,773
146.443
Al 31 March 2023
123.342
1,308
5,661
14,865
145.176
18-

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARGH 2024
17 Investment property
2024
Fair value
At 1 April 2023 and 31 March 2024
420,000
The lair value of the investment propety has been arrived al on the basis of a valuation Ca￿led out by
trustees. The valuation was made on an open market value basis by reference to rnarket evidence of
transaction prices lor similar properties.
At 31 March 2024. had the revalued assets been carried 31 historic cosl less accumulated depreciation and
accumulated impairment losses. their carryin9 amount would have been approximate￿ £147.381 12023
£147.3811.
2024
2023
Freehold
420,000
420,000
18 Fixed asset investmènts
Listed
Inv•stments
Cost or valuation
Al 1 April 2023
Disposals
208.398
1208,3981
At 31 March 2024
Carrying amount
Al 31 Maich 2024
Al 31 March 2023
208.398
A subsidiary, To¢ H Tiading Community Interest Company IC.I.Cl was in¢orporatèd on 11 August 2023. Toc H
Trading C.l.C Is a private company Iirnited by guarantee. Toc H has taken exerllption from pieparing
consolidated accounts as the nel income of Ihe group lie. after removing intia-group transactions) in the
accounling period is no more than the audit threshold under the relevant charity legislation.
19

TOCH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
19 Debtors
2024
2023
Amounts tslling due within one year:
Trade deblors
Gift aid recoverable
Amounts owed by subsidiary undertakings
Other debtors
Prepayments and accrued inootme
320
3.339
3.339
4.653
11.098
5.143
24.233
3,659
20 Creditors.. amounts falllng due within one yèar
2024
2023
Nots¥
Deferred income
Trade credilois
Other creditors
Accruals and deferred income
21
4,120
2.280
4.020
4,383
2,519
4,100
14,803
e,619
21 Deferred income
2024
2023
Arising from Advance rent receivÉd on Wierside
4,120
2.519
Deferred income is induded in the financjal statement5 as follows..
2024
2023
Deferred income is included within..
4,120
2.519
Movements in the year
Deferred incorne at 1 April 2023
Resources deferred in the year
2.519
1.601
5,295
12,7761
Deferred income 8131 March 2024
4.120
2,519
-20-

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Retirement benefit schemes
2024
2023
Defrned Contribution schemes
Charge lo profil or loss in respect of defined contribution schemes
12,234
12.406
The chaiity operates a defined contribution pension scheme lor all qualifying employees. The assets ol the
schéme aré held 5épaiat6ly from those of the charity in an independently administered fund.
23 Restricted fvnds
The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as lo how they rnay be used.
At 1 April
2023
Incoming
rèsources
Restsurces
èxpendèd
TransfÈrs At 31 March
2024
Leisure activiles
Work in Blackpool
Newport Ceniral Cost
The Henry Smith Charity
National Grid Electricity
Distribution
8,612
8.612
4.725
4.422
7.160
6.895
12,1701
4.422
10.000
12,8401
10.000
17,9121
2.088
8,612
26.895
112,9221
4.422
27.007
Previous year=
At 1 April
2022
Incoming
resource5
Resources
expende
Transfers At 31 March
2023
8.612
8.612
21

TOCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
23 Restrictèd fund$
IContinu•dl
Downend
The fund lor specific projects to carry out in Downend.
Central and Local To¢ H
There are numeroLJS small balances.
Work in Blackpool
Activities lor the rèlief lo the pool and aged including support groups. befriending. after school and pre school
activities for low Income tsrnilies
Newport Central Costs
Cornmunity focused activilies to support poor and aged p8rticularly support young children and young people.
National Grid
Cotnmunity focused activities in Newport lo support poor and aged. Infrastructure costs to support recreation
and leisure activities. Training opporturiity lo support the advance of education related lo energy efficiency and
conservation.
The Henry Smith Charity
Community focused activities at High Brooms to support poor and aged. particularly young families.
IFrfrastruclure costs to support recreatiorTr and leisuie activities.
24 Unrestricted fvnds
The unreslricled funds of thé charity comprise the unexpended balances ol donations and grants which are
not subject to specific conditions by donor5 and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees lor spècific purposes.
At 1 April
2023
Incoming
rtr$OU￿eS
Resources
expended
Transfers
Gains and At 31 March
losses
2024
General funds
1,125,930
118.088
1511.2821
14.4221
7,289
735.603
Previous year:
At 1 April
2022
Incoming
resources
Resources
èxpended
Transférs
Gains and At 31 March
losses
2023
General funds
1,229,957
282.937
1374,8241
112,1401
1.125,930
22-

TOCH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
2S Analysis of net assÈts be￿ten funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024..
Tangible assets
Investment properties
146.443
420.000
169,160
146,443
420,000
196.167
27,007
735,603
27,007
762,610
Unrsstricted
funds
2023
Restricted
funds
2023
Totsl
2023
At 31 March 2023:
Tangible assets
Investment properties
Investments
Current assetsllliabilitiesl
145,176
40,000
208,398
352,356
145.176
420.000
208.398
360.968
8.612
745.930
8,612
1,134,542
26 Financial commitment5. guarantees and contingent liabilities
The charity had no capital cornrnitments at 31 March 2024.
27 OpÈiating lease cotllmitmen15
Lessee
Al the reporting end date the charily had oulslanding commitments for lulure minimurn lease payments under
non-cancellable opeialing leases, which fall due as follows..
2024
2023
Vlfithin one year
18.600
Lessor
The operating lease5 represent lease5 Of Unil 14 The King5way Centre Newport lo third parties. The leases
ale negolialed over terms 011 year.
28 Related party transactions
There was no related party transactions during the year.
-23-

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