Stichting The Tactical
Technology Collective

Abridged Report and Financial Statements(Extracts from the full audited financial statements)

Year ended: 31 December 2020

Stichting The Tactical Technology Collective

ContentsPage

Legal and administrative information

1Balance sheet

2Statement of income and expenditure

3

General accounting principles

4-6

Stichting The Tactical Technology Collective
For the year ended 31 December 2020
Legal and administrative information
for the period ended 31 December 2020

The Tactical Technology Collective is registered under Dutch law as a non-profit foundation (Stichting). Theorganisation was founded on the 21 February 2003. The Stichting was established under a deed which sets out
the objects, powers and governance of the organisation. Under this deed the objects of the Stichting are to:a) initiate, drive and support the use of new technologies as a tactical tool by civil society organisations
worldwide;b) as well as comprising all that which is directly or indirectly associated with the above or may be conducive
thereto, all of this in the broadest possible sense. The foundation doesn’t have the object of making profit.
Founding Directors
Stephanie Hankey
Marek Tuszynski
Principal Operational AddressBrunnenstrasse 9
Berlin 10119
Germany
Tel:(+49) (0)30 41 71 53 33
Email: ttc@tacticaltech.org
Website: https://tacticaltech.org
Registered Office
Kingsfordweg 151
Amsterdam
1043 GRNetherlands
BankerABN Amro
Corporate Non-Residents
Postbus 283
1000 EA
Amsterdam
The Netherlands
AuditorKonings & Meeuwissen
Keizer Karelplein 16511 NC Nijmegen1

Stichting The Tactical Technology Collective
For the year ended 31 December 2020
Balance sheet as at 31 December 2020

Notes

2020

2019

€

€

Fixed assets
Tangible fixed assets

2

6,278

5,973

Investments

3

25,00025,00031,27830,973Current assets
Debtors

4

7,924

30,183

Other receivables

4

5,568

14,758884,721756,911898,213801,852

929,491

832,825

Unrestricted reserves

156,356

156,347

Restricted funds

737,573

614,392

893,929

770,739

Payable to suppliers

13,90042,376

Other short-term liabilities

21,662

7,142-

12,56835,56262,086929,491

832,825

Cash at bank and in hand

Total assets

The funds and reserves of the charity

Liabilities and accruals

56

Grants received in advance

Total liabilities

2Stichting The Tactical Technology CollectiveFor the year ended 31 December 2020
Statement of income and expenditure
for the year ended 31 December 2020

Notes
Income from:

Restricted
Funds€

Unrestricted
Funds€

Total2020
€

Total
2019
€

246,500-

246,500

220,000

55,8352,040

57,875

1,047,491-

16,00516,00571,361

8

Fundraising
Non-for-profit
organisations
Charitable activities
Non-for-profit
organisations
Companies
Governmentalorganisations

1,193,566-

1,193,566

730,096

Others-53,70653,70654,284

Individuals

-

198

198

-

1,495,901

71,9491,567,850

2,123,232-

22,27922,2797,173

1,186,887-

1,186,887

1,757,610

185,833

52,672

238,505

246,334

1,372,720

74,951

1,447,671

2,011,117

-

3,011

3,011

-1,747

Net income /(expenditure)

123,1819

123,190

110,369

Appropriation to
restricted funds(123,181)-(123,181)(85,208)

Appropriation tounrestricted reserves

-(9)

(9)

(25,161)

Total result of thefinancial year----Total income

Expenditure on:

9Trainings andpublications
Charitable activities
Direct project costs
Support costs

Total expenditure

Financial income andexpenditure10

All of the above results are derived from continuing activities. All gains and losses recognised in the year areincluded above.

3Stichting The Tactical Technology Collective
For the year ended 31 December 2020
General accounting principles
1.

Accounting policies(a)General information
The registered office is Kingsfordweg 151, Amsterdam, 1043 GR, Netherlands. The principal place ofbusiness is currently Brunnenstrasse 9, Berlin 10119, Germany. The charity is registered under Dutch law
as a non-profit foundation (Stichting) and founded on the 21 February 2003. The Stichting was establishedunder a deed which sets out the objects, powers and governance of the organisation.

(b)Basis of preparation
The financial statements have been prepared in accordance with Guideline Dutch Accounting Board RJ
650 for Fundraising Organizations. These guidelines are in line with international standards and general
guidelines.
In 2020, we received one core funding from one foundation and project funding from five different funders.
We are hopeful that our large-scale grant which contributes to most of our projects and ends in 2021 will
be extended for a further three years.
The new strategy to secure funding was implemented in 2020. Part of the strategy is to diversify ourfunding streams to enable us to strengthen the sustainability and effectiveness of the organisation whileremaining independent and flexible. Our emphasis in 2021 is to move towards strategic fundraising inorder to seek out more long-term and flexible funders.
The Supervisory and Management Boards have a reasonable expectation that there are adequate
resources to continue in operational existence for the foreseeable future and there are no material
uncertainties in relation to the charity’s ability to continue operating as a going concern. The accounts
have therefore been prepared on the basis that the charity is a going concern.

(c)Incoming recognition
Income from other non-profit organisations
Contributions and donations are accounted for in their year of receipt. Consequently, contributions anddonations received in advance are not taken into account. Contributions with specific purposes areaccounted for as earmarked funds.
Income from companies
Contributions and donations are accounted for in their year of receipt. Consequently, contributions anddonations received in advance are not taken into account. Contributions from companies are intended forprojects with specific purposes. These types of income are accounted for as restricted income, but are nofunds.
Income from governmental organisations
Contributions and donations are accounted for in their year of receipt. Consequently, contributions anddonations received in advance are not taken into account. Contributions from governments are intended
for projects with specific purposes. These types of income are accounted for as restricted income, but areno funds.
Contract work
Income from contract work which includes training and toolkits, derives from fees for services provided by
Tactical Tech and is recognised as Tactical Tech earns entitlement to the income through delivery of thecontract services.

(d)

Expenditure
All expenditure is accounted for on an accruals basis and includes attributable VAT where this is charged.
A liability is recognised where the charity has a legal or constructive obligation to make a payment to athird party.

(e)Fund and reserves accounting
Unrestricted reserves are available for use at the discretion of the Supervisory and Management Boards

4Stichting The Tactical Technology Collective
For the year ended 31 December 2020in furtherance of the general objectives of the organisation and which have not been designated for otherpurposes. The unrestricted reserves are equal to the Dutch RJ 650 definition of special purpose reserves,or "bestemmingsreserve".
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. The restricted funds are equal to theDutch RJ 650 definition of policy specific funds, or "bestemmingsfonds".
(f)

Governance costs
These are costs associated with constitutional and statutory requirements.

(g)

Tangible fixed assets and depreciation
Depreciation 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:
Computer equipment
Fixtures and fittings(h)25 % on cost
25 % reducing balance basis

Foreign currencies
The presentational currency is the Euro. Assets and liabilities in foreign currencies are translated into
Euros at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies aretranslated into Euros at the rate ruling at the date of the transaction. Exchange differences are taken into
account in arriving at the operating result.

(i)

Estimates and judgements
The board do not consider there are any significant estimates or judgements which have a material impact
on the financial statements.

(j)

Investments
Investments represent holdings in subsidiaries and are recognised at cost.

(k)Financial instruments
Tactical Tech only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measured at their settlement value.

(l)Cash flow statement
The cash flow statement has been prepared using the indirect method. The cash flow is derived from theoperating result adjusted for non-cash items, for the changes in working capital and the cash generated
from investing and financing activities such as purchases of assets, repayments and collection of debts
and interest.

(m)

LiabilitiesOn the initial recognition current liabilities are recognized at fair value. After initial recognition current liabilities are recognized at the amortized costs price. This is usually the nominal value. All current liabilities fall
due within one year unless mentioned otherwise.

(n)Cash and cash equivalents
Cash and cash equivalents are at face value and at full disposal for Tactical Tech to execute its researchand training. It consists of the balance on the ABN-AMRO bank account held in the Netherlands. There is
only no interest-bearing accounts.

(o)Accounts receivable5Stichting The Tactical Technology Collective
For the year ended 31 December 2020

Receivables are at face value, less a provision for possible uncollectible amounts. The provision for uncollectible amounts is calculated by using the static method (expected non-payment per debtor).
(p)

Allocation of costs
Management and administration costs, the costs of the organization’s fundraising activities and costs ofvarious objectives have been calculated based on an apportionment formula in accordance with the Dutch
Accounting Standards for Fundraising Institutions (Richtlijn 650).

(q)

Contributions and donationsContributions and donations are accounted for in their year of receipt. Consequently, contributions and donations received in advance are not taken into account.

6