Charity registration number 1129175
Company registration number 06779873 (England and Wales)
TAVISTOCK AREA SUPPORT SERVICES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TAVISTOCK AREA SUPPORT SERVICES
CONTENTS
Page
Trustees' report
1 - 3
Statement of trustees' responsibilities
4
Independent examiner's report
5
Statement of financial activities
6 - 7
Balance sheet
8
Notes to the financial statements
9 - 24
TAVISTOCK AREA SUPPORT SERVICES
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
- 1 -

The trustees present their annual report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's deed of trust, the Companies Act 2006 and "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).

Objectives and activities

The Object of the Charity is to promote the welfare of older and disabled people living within the town of Tavistock and neighboring parishes.

 

In furtherance of these Objectives, we aim:

- To provide welfare services for those with a social or financial need.

- To provide activities, social events, advice and information in appropriate locations within the "area of benefit".

- To provide community transport for people with physical disabilities or restricted mobility to enable access to the community.

- To provide community transport services for those living in isolated areas to enable social inclusion and access to the community.

 

The main activities listed above are undertaken for public benefit and the trustees have had regard to the Charity Commission’s guidance for public benefit.

Achievements and performance

The Charity continues to be a local flagship supporting those who have needs arising from age, sickness, disability, social isolation and vulnerability and are resident in Tavistock and the surrounding areas. The Anchorage Centre in Tavistock is the hub of Tavistock Area Support Services activities, supported by its Charity Shop in Market Street, the Community Café in the perimeter of the Pannier Market and outreach centres in Horrabridge and Milton Abbot.

The charity is dependent on fund raising and the receipt of grants and donations. Online donations are received via Just Giving which includes Gift Aid and also via PayPal and Love2Donate.

 

We were pleased to be able to provide our activities and services to the local community throughout the year supported by our loyal staff and volunteers. Recruitment of volunteers has continued but more are needed, particularly in the shop, cafe and car and minibus drivers. Training is provided enhancing the volunteers’ experience and that of the clients.

 

The befriending/outreach service which is dependent on externally funding is much valued within the local community. The village Outreach centres continue to be enjoyed by those who attend their weekly get-togethers.

 

The community car transport service taking people to medical appointments is much in demand but still suffers from a lack of voluntary drivers. Through the generosity of our drivers we manage to help almost everyone who contacts us. The mobility loan scheme operated at the Anchorage Centre continues to provide a lifeline to those needing aids.

 

The Anchorage Centre hosts many events, activities and services and we have been delighted to continue to welcome new groups and to see the existing groups thrive. We were grateful to receive funding to provide and install a defibrillator on the premises.

TAVISTOCK AREA SUPPORT SERVICES
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -

The Life Stories Project records and documents the stories of the lives and memories of many in the local area. We continued to recruit and train more volunteers and are grateful for funding from the National Lottery Heritage Fund allowing the project ‘A Tale of Three Schools” to continue until December 2024.

 

The Charity Shop in Market Street sells a wide variety of donated goods and contributes to the funding of the charity. During the year the staff and volunteers have increased the number of opening days and hours. TASS Community Café, formerly known as Rest a While, our in-town café within the perimeter of the Pannier Market, continues to be financially supported by our Designated Fund and Tavistock Town Council. During the year it was refurbished and a mural was painted by students of Mount Kelly College. The cafe continues to be popular with visitors and the local community. Both TASS Community Café and the Charity Shop have enthusiastic teams of volunteers but more are always needed.

 

As the main provider of support for older and disabled people living in our area we were pleased to continue working with other agencies, building links with voluntary, private, and statutory providers in the provision of services for older people and those with disabilities, vulnerability, and social isolation in our locality. We have continued and strengthened our links with Devon County Council, Livewell Southwest and Devon Partnership Trust and built links with One Devon Integrated Care Board.

We value partnership work and as a local Charity also work with West Devon CVS, Tavistock Area Wellbeing, Abbey Rise (Devon County Council) – Health and Social Care, Westbank Community Care and Healthy Living Centres, Tavistock Dementia Alliance and Memory Café, local health support groups such as Parkinson’s Group, Home Instead, Tavistock Locals Help, Devon Carers, Yelvercare, the Fire Brigade and the Police as well as other statutory, private and voluntary sector organizations in providing a complete service for older and disabled people living in Tavistock and surrounding areas.  We are used as a referral point by Health and Social Services, local GP’s, Tavistock and Derriford Hospitals, the Mental Health Team (Devon Partnership Trust) and other voluntary sector groups – we are a “Community Hub” making a difference to the lives of others. As part of this partnership TASS is the Voluntary Sector Representative on the Tavistock Health & Social Care Teams; a partner organization of the Citizens Advice Bureau; a member of the Devon Community Transport Group and the Southern Area Car Forum.

 

Funding and support continue from various sources including Private Donors, Corporate and Professional donors, local Groups and Organizations, Legacies, Devon County Council, Westbank Community Care and Healthy Living Centres and West Devon CVS. We also received grants from Devon Community Foundation, Sanctuary Lodge, and the National Lottery Heritage Fund.  

 

We are very grateful to all our funders; we do however have concerns on continued funding from some of our long-time supporters due to the current economic climate.

 

We are so grateful to all our volunteers and supporters for organizing many fund-raising events. Our core of volunteers are truly ‘the unsung heroes of our community’ without their commitment TASS would be unable to operate such a wide range of quality services; they give their time so willingly and are dedicated to making a positive difference to people’s lives. Similarly, we are very fortunate to have a small and very dedicated team of staff led by our General Manager, Holly Stirling. We welcomed new staff to the team through the year as Cathy Hipsey and Jacky Norris retired following many years working with TASS, we wish them both well and are pleased they now volunteers with us. We are immensely grateful to our Staff, Volunteers and Clients for their continued support in so many ways and look forward to continue working with them in the years to come.

 

We thank all those who support, donate and give their time to Tavistock Area Support Services.

Financial review

The net outgoing resources for the year amounted to £53,065. General unrestricted funds decreased from £264,351 to £200,034. Free reserves at the end of the year amounted to £151,797.

The Trustees consider that due to the uncertain nature of their grant funding the charity should endeavor to maintain reserves sufficient to cover at least 12 months of anticipated expenditure. Sufficient provision is also required for capital replacements and maintenance of the Anchorage Centre.

Structure, governance and management
TAVISTOCK AREA SUPPORT SERVICES
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

New Trustees with the required skill set are co-opted after interview and discussion with the members of the Board. Trustees stand for re-election annually at the AGM.

 

 

Reference and administrative details
Charity number
1129175
Company number
06779873
Registered Office
The Anchorage Centre
Chapel Street
Tavistock
Devon
PL19 8AG
Secretary
Mrs V Dodds
Trustees
Ms A Bessant
Mrs V Dodds
Mrs J Gasper
Mr M Hibbert
Mrs S Lake - appointed 27/10/22
Independent examiners
Azets Audit Services
Ty Derw
Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
Bankers
TSB
PO Box 373
Leeds
LS14 9GQ

The trustees' report was approved by the Board of Trustees.

Mr M Hibbert
Trustee
Dated: 23 October 2024
TAVISTOCK AREA SUPPORT SERVICES
STATEMENT OF TRUSTEES' RESPONSIBILITIES  
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -

The trustees, who are also the directors of Tavistock Area Support Services for the purpose 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 year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

 

In preparing these financial statements, the trustees are required to:

 

- select suitable accounting policies and then apply them consistently;

 

- observe the methods and principles in the Charities SORP;

 

- make judgements and estimates that are reasonable and prudent; and

 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

 

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. 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 trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

 

TAVISTOCK AREA SUPPORT SERVICES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TAVISTOCK AREA SUPPORT SERVICES
- 5 -

I report to the trustees on my examination of the financial statements of Tavistock Area Support Services (the charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable 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 that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2

the financial statements do not accord with those records; or

3

the financial statements 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

4

the financial statements 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 financial statements to be reached.

Azets
Elizabeth Smith ACA FCCA CTA
Lime Court
Pathfields Business Park
South Molton
Devon
EX36 3LH
Dated: 23 October 2024
TAVISTOCK AREA SUPPORT SERVICES
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
- 6 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income and endowments from:
Donations and legacies
2
35,521
-
35,521
28,160
500
28,660
Charitable activities

TASS activities income

3
14,499
27,320
41,819
13,144
23,342
36,486

Transport income

3
18,997
726
19,723
19,871
1,507
21,378
Other trading activities
4
55,117
-
55,117
52,142
-
52,142
Investments
5
4,928
-
4,928
3,272
-
3,272
Other income
6
-
-
-
2,682
-
2,682
Total income
129,062
28,046
157,108
119,271
25,349
144,620
Expenditure on:
Raising funds
7
56,542
51
56,593
49,382
68
49,450
Charitable activities

TASS activities

8
72,652
3,215
75,867
37,491
21,416
58,907

Transport expenses

8
13,217
24,280
37,497
13,480
28,029
41,509

Other

8
34,948
3,485
38,433
31,712
5,684
37,396
Total charitable expenditure
120,817
30,980
151,797
82,683
55,129
137,812
Total expenditure
177,359
31,031
208,390
132,065
55,197
187,262
Net gains/(losses) on investments
12
(1,651)
-
(1,651)
(4,688)
-
(4,688)
Net outgoing resources before transfers
(49,948)
(2,985)
(52,933)
(17,482)
(29,848)
(47,330)
Gross transfers between funds
(10,806)
10,806
-
1,702
(1,702)
-
Net movement in funds
(60,754)
7,821
(52,933)
(15,780)
(31,550)
(47,330)
Fund balances at 1 April 2023
264,351
335,018
599,369
280,131
366,568
646,699
Fund balances at 31 March 2024
203,597
342,839
546,436
264,351
335,018
599,369
TAVISTOCK AREA SUPPORT SERVICES
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
- 7 -

The statement of financial activities includes all gains and losses recognised in the year.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
TAVISTOCK AREA SUPPORT SERVICES
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 8 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
14
337,821
338,204
Investments
15
-
88,412
337,821
426,616
Current assets
Debtors
16
4,491
8,204
Cash at bank and in hand
215,608
176,627
220,099
184,831
Creditors: amounts falling due within one year
17
(11,484)
(12,078)
Net current assets
208,615
172,753
Total assets less current liabilities
546,436
599,369
Income funds
Restricted funds
18
342,839
335,018
Unrestricted funds
Designated funds
19
75,062
77,023
General unrestricted funds
128,535
187,328
203,597
264,351
546,436
599,369

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not 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 provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 23 October 2024
Mrs J Gasper
Mr M Hibbert
Trustee
Trustee
Company registration number 06779873
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 9 -
1
Accounting policies
Charity information

Tavistock Area Support Services is a private company limited by guarantee incorporated in England and Wales. The registered office is The Anchorage Centre, Chapel Street, Tavistock, Devon, PL19 8AG, United Kingdom.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency 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 and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Activity income and room hire are recognised in the period to which the service is provided.

 

Shop and cafe income is recognised when the sale takes place.

 

Investment income is recognised at the time the investment income is receivable. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 10 -

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Capital grants are released to the SOFA in the year of receipt. Fixed assets relating to capital grants are capitalised, and depreciation charged is offset against the grant income, in a restricted fund.

 

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

1.5
Resources expended

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 on raising funds relates to the costs in relation to generating income such as fundraising activities.

 

Expenditure on charitable activities includes all costs relating to the furtherance of the charity's objectives as stated in the trustees report and their associated support costs.

 

Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

 

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 are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Anchorage Centre
1% on cost (excluding land)
Leasehold improvements
Straight line over 15 years
Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 11 -
1.8
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts 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 of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9
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 maturities of three months or less, and bank overdrafts.

1.10
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 12 -
1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases

Rentals payable under operating leases are charged on a straight line basis over the term of the relevant lease.

2
Donations and legacies
Unrestricted
Unrestricted
Restricted
Total
funds
funds
funds
2024
2023
2023
2023
£
£
£
£
Donations and gifts
35,521
28,160
500
28,660
3
Charitable activities

TASS activities income

Transport income

Total
2024

TASS activities income

Transport income

Total
2023
2024
2024
2023
2023
£
£
£
£
£
£
Sales within charitable activities
14,499
18,997
33,496
13,144
19,871
33,015
Grants received
27,320
726
28,046
23,342
1,507
24,849
41,819
19,723
61,542
36,486
21,378
57,864
Analysis by fund
Unrestricted funds
14,499
18,997
33,496
13,144
19,871
33,015
Restricted funds
27,320
726
28,046
23,342
1,507
24,849
41,819
19,723
61,542
36,486
21,378
57,864
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 13 -
4
Other trading activities
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£

TASS community cafe income

8,984
6,731
Shop income
38,055
39,172

Adminstration and room hire income

8,078
6,239
Other trading activities
55,117
52,142
5
Investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Income from listed investments
-
2,281
Interest receivable
4,928
991
4,928
3,272
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 14 -
6
Other income
Total
Unrestricted
funds
2024
2023
£
£
Legal claims
-
2,682
7
Raising funds
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Trading costs

Shop expenses

36,012
-
36,012
32,712
-
32,712

TASS community cafe expenses

16,564
-
16,564
15,040
-
15,040
Depreciation and impairment
3,966
51
4,017
1,630
68
1,698
Trading costs
56,542
51
56,593
49,382
68
49,450
56,542
51
56,593
49,382
68
49,450
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 15 -
8
Charitable activities

TASS activities

Transport expenses

Other

Total
2024

TASS activities

Transport expenses

Other

Total
2023
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
£
£
Staff costs
65,564
21,772
-
87,336
55,289
24,285
-
79,574

Charitable activities

10,279
-
-
10,279
3,518
-
-
3,518

Transport

-
15,725
-
15,725
-
17,224
-
17,224

Administration

24
-
-
24
100
-
-
100
75,867
37,497
-
113,364
58,907
41,509
-
100,416
Share of support costs (see note 9)
-
-
33,804
33,804
-
-
30,927
30,927
Share of governance costs (see note 9)
-
-
4,629
4,629
-
-
6,469
6,469
75,867
37,497
38,433
151,797
58,907
41,509
37,396
137,812
Analysis by fund
Unrestricted funds
72,652
13,217
34,948
120,817
37,491
13,480
31,712
82,683
Restricted funds
3,215
24,280
3,485
30,980
21,416
28,029
5,684
55,129
75,867
37,497
38,433
151,797
58,907
41,509
37,396
137,812
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 16 -
9
Support costs
Support costs
Governance costs
2024
2023
£
£
£
£
Depreciation
3,566
-
3,566
3,945

Administrative expenses

30,238
-
30,238
26,982
Accountancy fees
-
3,050
3,050
3,063
Legal and professional
-
1,579
1,579
3,406
33,804
4,629
38,433
37,397
Analysed between
Charitable activities
33,804
4,629
38,433
37,396

Governance costs includes payments of £2,950 (2023 - £2,700) for fees relating to the independent examination.

10
Trustees

None of the trustees (or any persons connected with them) received any remuneration, benefits or reimbursements of expenses from the charity during the current or prior year.

11
Employees
Number of employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
8
8
Employment costs
2024
2023
£
£
Wages and salaries
101,703
93,659
Social security costs
101
22
Defined contribution pension costs
1,504
1,381
103,308
95,062

No employees received emoluments in excess of £60,000.

TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 17 -
12
Net gains/(losses) on investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Revaluation of investments
(1,651)
(4,688)
13
Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 18 -
14
Tangible fixed assets
Anchorage Centre
Leasehold improvements
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 April 2023
386,348
9,425
55,475
9,614
119,344
580,206
Additions
-
-
9,707
-
-
9,707
At 31 March 2024
386,348
9,425
65,182
9,614
119,344
589,913
Depreciation and impairment
At 1 April 2023
69,060
4,397
51,007
8,611
108,927
242,002
Depreciation charged in the year
3,063
628
3,544
251
2,604
10,090
At 31 March 2024
72,123
5,025
54,551
8,862
111,531
252,092
Carrying amount
At 31 March 2024
314,225
4,400
10,631
752
7,813
337,821
At 31 March 2023
317,288
5,028
4,468
1,003
10,417
338,204
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14
Tangible fixed assets
(Continued)
- 19 -

Included in cost of land and buildings is freehold land of £80,000 which is not depreciated.

15
Fixed asset investments
Listed investments
Cash in portfolio
Total
£
£
Cost or valuation
At 1 April 2023
78,078
10,334
88,412
Disposals
(78,078)
(10,334)
(88,412)
At 31 March 2024
-
-
-
Carrying amount
At 31 March 2024
-
-
-
At 31 March 2023
78,078
10,334
88,412
16
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
4,491
5,209
Prepayments and accrued income
-
2,995
4,491
8,204
17
Creditors: amounts falling due within one year
2024
2023
£
£
Other taxation and social security
568
807
Trade creditors
2,688
2,324
Other creditors
5,411
5,846
Accruals and deferred income
2,817
3,101
11,484
12,078
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 20 -
18
Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
Movement in funds
Movement in funds
Balance at
1 April 2022
Incoming resources
Resources expended
Balance at
1 April 2023
Incoming resources
Resources expended
Transfers
Balance at
31 March 2024
£
£
£
£
£
£
£
£
Voluntary sector representation
9,112
5,985
(12,118)
2,979
2,503
(3,303)
-
2,179
Drop-in support/RAW
14,977
15,020
(27,667)
2,330
2,503
-
-
4,833
Transportation
14,049
1,507
(5,319)
10,237
3,016
(24,559)
11,306
-
Time for You
5,000
-
(5,000)
-
-
-
-
-
Awards for All
1,702
-
-
-
-
-
-
-
Outreach & wellbeing
791
677
(1,468)
-
10,013
-
-
10,013
Capital expenditure
587
1,660
(562)
1,685
-
-
-
1,685
Anchorage centre
320,350
-
(3,063)
317,287
10,011
(3,169)
-
324,129
Coronation weekend
-
500
-
500
-
-
(500)
-
366,568
25,349
(55,197)
335,018
28,046
(31,031)
10,806
342,839
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18
Restricted funds
(Continued)
- 21 -

The following restricted funds represent grants and donations received, net of expenditure for the furtherence of the Charity's main objectives:

- Voluntary sector representation

- Drop-in support

- Transportation

- Outreach & wellbeing

Further details in respect of these activities can be found within the Trustees' Report.

 

Time for You

These monies are restricted to the Devon Carers' Time for You sitting service funded by Devon Country Council.

 

Awards for All

These funds were granted in 2017 to support the "Champions" project, an enabling service for those who are able, but lack confidence and are at risk of isolation.

 

Capital expenditure

This represents monies received for the specific investment towards equipment or other capital purchases to further the Charity's aims. During the year funding was received for the investment into new IT equipment.

 

Anchorage Centre

The Anchorage Centre in Tavistock is the hub of the Charity's activities. This fund represents the building where events, activities and services are provided throughout the year.

 

Coronation weekend

During the year a donation was received to fund events to take place for King Charles' coronation in May 2023.

TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 22 -
19
Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

Movement in funds
Movement in funds
Balance at
1 April 2022
Incoming resources
Resources expended
Transfers
Balance at
1 April 2023
Incoming resources
Resources expended
Balance at
31 March 2024
£
£
£
£
£
£
£
£
TASS community cafe
85,537
6,741
(15,040)
(5,117)
72,121
12,449
(17,643)
66,927
Life Story
-
6,000
(1,098)
-
4,902
8,809
(5,576)
8,135
85,537
12,741
(16,138)
(5,117)
77,023
21,258
(23,219)
75,062

TASS community cafe

In 2014 the Trustees voted unanimously to designate funds to provide a facility within the town centre of Tavistock when the opportunity arose. It was agreed that this facility 'TASS Community Cafe' (formally 'Rest a While') would be subsidised for the first 3 years by the designated fund. Furthermore the trustees voted unanimously to continue to financially support the project on a rolling one-year basis.

 

Within the year ended 31 March 2024, a net loss of £5,194 was realised in relation to the TASS Community Cafe. As at 31 March 2024 the designated fund stood at £66,927.

 

Life Stories Administration

During the year a grant was received to fund the administration of 'Life Stories'. As at 31 March 2024 the restricted stood at £8,135.

 

TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 23 -
20
Analysis of net assets between funds

Unrestricted

Restricted

Total

Unrestricted

Restricted

Total
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Fund balances at 31 March 2024 are represented by:
Tangible assets
10,902
326,919
337,821
8,995
329,209
338,204
Investments
-
-
-
88,412
-
88,412
Current assets/(liabilities)
192,695
15,920
208,615
166,944
5,809
172,753
203,597
342,839
546,436
264,351
335,018
599,369
TAVISTOCK AREA SUPPORT SERVICES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 24 -
21
Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2024
2023
£
£
Within one year
20,100
20,100
Between two and five years
16,979
35,479
37,079
55,579

Lease payments recognised as an expense in the period totalled £24,900 (2023 - £23,358 ).

22
Related party transactions
Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2024
2023
£
£
Aggregate compensation
26,768
25,315

There were no related party transactions in the current or comparative period.

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