Stichting The TacticalTechnology CollectiveAbridged Financial Statements(extracts from the full audited financial statements)Year ended: 31 December 2016Stichting The Tactical Technology CollectiveContents
PageLegal and administrative information1Statement of financial activities2Balance sheet3Notes to the financial statements

4/6Stichting The Tactical Technology CollectiveLegal and administrative informationFor the year ended 31 December 2016StatusThe organisation is registered under Dutch law as a non-profit foundation (Stichting). The organisation wasfounded on the 21 February 2003. The Company was established under a deed which sets out the objects,powers and governance of the organisation.
Directors :Stephanie HankeyMarek TuszynskiPrincipal Operational AddressBrunnenstrasse 9Berlin 10119GermanyRegistered Office:Kingsfordweg 151Amsterdam1043 GRNetherlandsAuditor:Nick Brajkovich LimitedChartered Accountants andRegistered Auditor29 Withers AvenueWarringtonCheshireWA2 8EUUK Registered Number : FCO285201Stichting The Tactical Technology CollectiveStatement of Financial ActivitiesFor the year ended 31 December 2016NotesRestrictedFunds€UnrestrictedFunds€Total
2016€Total
2015€24,255-62,928
46287,183
46298,6884,277Incoming resources fromcharitable activitiesPolitics of dataShaping & exposing issuesDigital security & privacyAdministration & overheadsGeneral programme funding794,779289,2491,028,23953,509186,205794,779289,2491,028,239239,714660,310290,957970,51850,000396,163Total incoming resources2,190,031249,5952,439,6262,470,913Incoming ResourcesIncoming resources fromgenerated fundsTraining & toolkitsInterest receivedResources expendedCosts of generating fundsTraining & toolkitsCharitable activitiesPolitics of dataShaping & exposing issuesDigital security & privacy41,09637,24978,34562,176761,090251,923745,420-761,090251,923745,420398,839266,942959,164Administration & overheads---50,000General programme costs-182,981182,981180,401Compliance costs-8,5498,54911,145Total expenditure1,799,529228,7792,028,3081,928,668390,50220,816411,318542,245Fund balances broughtforward at 1st January575,101808,6481,383,749841,504Fund balances carriedforward at 31st December965,603829,4641,795,0671,383,749Net surplusfor the yearNet Movement in fundsThe notes on pages 4 to 6 form part of these financial statements.
All of the above results are derived from continuing activities. All gains and losses recognised in the year areincluded above.

2Stichting The Tactical Technology CollectiveBalance Sheet as at 31 December 2016Notes

2016€

2015
€

€€Fixed AssetsTangible fixed assets23,8757,286Current assetsDebtors3Cash at bank and in hand33,20940,9081,792,9521,402,1771,826,1611,443,085(34,969)(66,622)Net current assets1,791,1921,376,463Total Net Assets1,795,0671,383,7491,795,0671,383,749Creditors: amounts falling due withinone year4Funds5The financial statements were approved by the directors and signed on their behalf by:…………………………………..
Stephanie Hankey..........................................
Marek Tuszynski9th May 2017The notes on pages 4 to 6 form part of these financial statements.

3Stichting The Tactical Technology CollectiveNotes forming part of the financial statementsFor the year ended 31 December 20161.

Accounting policies(a) Basis of preparationThe financial statements have been prepared under the historical cost convention, United KingdomGenerally Accepted Accounting Practice and in accordance with the Charities SORP (FRS 102) andapplicable accounting standards.
(b)Incoming recognitionRevenue grants are included in the SOFA when received or receivable, whichever is earlier. Income fromactivities generating funds is recognised when invoiced.
Income from studios work, training and toolkits derives from fees for services provided by TTC.

(c)Resources expendedAll expenditure is accounted for on an accruals basis and includes attributable VAT where this is charged.

(d)Fund accountingUnrestricted funds are available for use at the discretion of the directors in furtherance of the generalobjectives of the organisation and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed byfunders or which have been raised by the organisation for particular purposes. The cost of raising andadministering such funds are charged against the specific fund.

(e)Governance costsThese are costs associated with constitutional and statutory requirements.

(f)Tangible fixed assets and depreciationDepreciation is provided on all tangible fixed assets at rates calculated at the following rates, so as towrite off the cost over their expected useful economic lives:(g)Computer equipment25 % on costFixtures and fittings25 % reducing balance basisForeign currenciesAssets and liabilities in foreign currencies are translated into Euros at the rates of exchange ruling at thebalance sheet date. Transactions in foreign currencies are translated into Euros at the rate ruling at thedate of the transaction. Exchange differences are taken into account in arriving at the operating result.

4Stichting The Tactical Technology CollectiveNotes forming part of the financial statementsFor the year ended 31 December 20162 Tangible fixed assetsFixtures &Fittings€ComputerEquipment€Total€

CostAt 1 January 2016Additions

5,796-10,390-16,186-At 31 December 20165,79610,39016,186DepreciationAt 1 January 2016Charge for the year

2,536
815

6,3642,596

8,9003,411At 31 December 20163,3518,96012,311Net book valueAt 31 December 20162,4451,4303,875At 31 December 20153,2604,0267,2863Debtors
2016€2015€Trade debtors2,0608,693Prepayments & accrued income31,14932,215Other debtors33,209440,908Creditors: amounts falling due within one yearAccounts payableOther creditorsAccruals5

2016€29,4695,500

2015€28,24830038,07434,96966,622Stichting The Tactical Technology CollectiveNotes forming part of the financial statementsFor the year ended 31 December 20165FundsBalance asat01.01.2016€IncomingresourcesOutgoingresources€€Balance asat31.12.16€Training & toolkits34,94724,25541,09618,106Politics of data208,080794,779761,090241,769Shaping & exposing issues(54,439)

289,249251,923(17,113)

Digital security & privacy386,5131,028,239745,420669,332053,509053,509575,1012,190,0311,799,529965,603Training & toolkits124,79063,39037,249150,931General programmeFunds683,858186,205191,530678,533Total808,648249,595228,779829,4641,383,7492,439,6262,028,3081,795,067Restricted fundsGeneral programmefunding
TotalUnrestricted funds6