TAP LOCAL CIC

Company limited by guarantee

Company Registration Number:
10731372 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

TAP LOCAL CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TAP LOCAL CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: ( 264 ) ( 235 )
Administrative expenses: ( 1,646 ) ( 3,886 )
Other operating income: 1,910 3,570
Operating profit(or loss): 0 (551)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 ( 90 )
Profit(or loss) before tax: 0 (641)
Tax: 0 0
Profit(or loss) for the financial year: 0 (641)

TAP LOCAL CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 732 732
Cash at bank and in hand: 17,421 19,271
Investments:   0 0
Total current assets: 18,153 20,003
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 33,442 ) ( 35,292 )
Net current assets (liabilities): (15,289) (15,289)
Total assets less current liabilities: (15,289) ( 15,289)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (15,289) (15,289)
Members' funds
Profit and loss account: (15,289) ( 15,289)
Total members' funds: ( 15,289) (15,289)

The notes form part of these financial statements

TAP LOCAL CIC

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 January 2025
and signed on behalf of the board by:

Name: Polly Constance Gilbert
Status: Director

The notes form part of these financial statements

TAP LOCAL CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TAP LOCAL CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

TAP LOCAL CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 732 732
Total 732 732
Debtors due after more than one year: 0 0

TAP LOCAL CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 33,442 35,292
Other creditors 0 0
Total 33,442 35,292

COMMUNITY INTEREST ANNUAL REPORT

TAP LOCAL CIC

Company Number: 10731372 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

TAP Local CIC continues to act as the fundraising facilitator for registered charity. The TAP Foundation and the Mayor of London’s homelessness fundraising efforts, running contactless devices across London and online giving campaigns which fundraise for homelessness causes. As a direct result of the work of TAP Local CIC undertook in this period, The TAP Foundation raised c. £65,000.100% of every donation made through its contactless giving network and online donation scheme was granted to London-based homelessness services through the TAP Foundation.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 January 2025

And signed on behalf of the board by:
Name: Polly Constance Gilbert
Status: Director