Stichting The Tactical
Technology Collective

Financial Statements

Year ended: 31 December 2019

Stichting The Tactical Technology Collective

PageContents

Legal and administrative information

1

Statement of financial activities

2

Balance sheet

3

Notes to the financial statements

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Stichting The Tactical Technology Collective
For the year ended 31 December 2019

Legal and administrative information
For the year ended 31 December 2019
StatusThe Tactical Technology Collective is registered under Dutch law as a non-profit foundation (Stichting). The
organisation was founded on the 21 February 2003. The Stichting was established under a deed which sets outthe objects, powers and governance of the organisation. Under this deed the objects of the Stichting are to:1.a) initiate, drive and support the use of new technologies as a tactical tool by civil society organisations
worldwide;1.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.
2. The foundation does not have the object of making profit.
Management Board
Stephanie Hankey
Marek Tuszynski
Principal Operational Address
Brunnenstrasse 9Berlin 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
Reporting Accountant
Crowe U.K. LLP
St. Bride’s House
10 Salisbury SquareLondon
EC4Y 8EH
RSIN Registered Number: 812331606

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Stichting The Tactical Technology Collective
For the year ended 31 December 2019
Statement of Financial Activities
For the year ended 31 December 2019
RestrictedFunds€

UnrestrictedFunds€

Total2019€Total2018€

Income from:Raising funds
Trainings and publications-

18,177

18,17786,528232,344-

232,344

130,446

Civil society facing

927,559-

927,559644,368

Public facing

909,046

36,107945,153490,272

Total income

2,068,949

54,284

2,123,233

1,351,614

-

7,173

7,173

98,491

1,086,783-

1,086,783

1,501,490

896,958

21,950918,908

786,295

1,983,741

29,1232,012,864

2,386,276

Net income /(expenditure) and net
movement in funds

85,20825,161

110,369(1,034,662)

Fund balances brought
forward529,184

131,186

660,370

1,695,032

Fund balances carriedforward614,392

156,347

770,739

660,370

Donations and grants
Charitable activities

Expenditure on:
Raising funds
Trainings and publications
Charitable activities
Civil society facing
Public facing

Total expenditure

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

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Stichting The Tactical Technology Collective
For the year ended 31 December 2019

Balance Sheet as at 31 December 20192019
€

2018
€

€

€

Fixed assets
Tangible fixed assets

5,973

3,983

Investments

25,00025,000Current assets
Debtors
Cash at bank and in hand

44,941

72,241

756,911624,164
801,852

696,405

Creditors: amounts falling due within one year

(62,086)(65,018)

Net current assets/(liabilities)

739,766

631,387

Net assets/(liabilities)

770,739

660,370

Unrestricted funds

156,347

131,186

Restricted funds

614,392

529,184

Total charity funds

770,739

660,370

Liabilities

The funds of the charity

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Stichting The Tactical Technology Collective
For the year ended 31 December 2019

Notes forming part of the financial statements1.
(a)Accounting policiesGeneral information
The registered office is Kingsfordweg 151, Amsterdam, 1043 GR, Netherlands. The principal place ofbusiness Brunnenstrasse 9, Berlin 10119, Germany. The charity is registered under Dutch law as a nonprofit foundation (Stichting) and founded on the 21 February 2003. The Stichting was established under adeed which sets out the objects, powers and governance of the organisation.

(b)Basis of preparation
Stichting Tactical Technology Collective is a public benefit entity as defined under Financial ReportingStandard 102 (FRS 102).
The unaudited financial statements have been prepared under the historical cost convention, United
Kingdom Generally Accepted Accounting Practice and in accordance with the Charities SORP (FRS 102),applicable accounting standards. The presentation of the Statement of Financial Activities has beenrevised during 2019 to bring this into line with SORP (FRS 102).
Tactical Tech currently have core funding from two private foundations which will end in 2020. Tactical
Tech also has one grant for programme funding which ends in 2020. Tactical Tech expects one of thecore funding grants to be extended and the other is still in negotiation. Tactical Tech have a large-scale
grant which contributes to most of our projects ending in 2021, which together with a number of smallerscale projects and ongoing fees charged for services encompass our funding sources.
A new strategy to secure funding will be implemented in 2020 and onwards. Part of the strategy is todiversify our funding streams to enable us to strengthen the sustainability and effectiveness of theorganisation while remaining independent and flexible.
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
Revenue grants are included in the SOFA when received or receivable, whichever is earlier. Income fromactivities generating funds is recognised when invoiced.
Income from contract work which includes studios work, training and toolkits, derives from fees forservices provided by Tactical Tech and is recognised as Tactical Tech earns entitlement to the income
through delivery of the contract 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. Costs are allocated through two thematic areas: Public facing and Civil Society facing. In 2019
our Public facing area included the projects: The Glass Room, Data Detox and our Civil Society facing
area: Data and Politics and Exposing the Invisible.

(e)Fund accounting
Unrestricted funds are available for use at the discretion of the Supervisory and Management Boards infurtherance of the general objectives of the organisation and which have not been designated for otherpurposes.
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.

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Stichting The Tactical Technology Collective
For the year ended 31 December 2019(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 25 % reducing balance basis(h)25 % on cost

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 thefinancial 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 recog nised at transaction value and subsequently measured at their settlement value.

(k)

Restated comparatives
Tactical Tech has reviewed the basis of preparation of the financial statements and has prepared the financial statements on the accruals basis having previously prepared the financial statements on the receipts and payments basis. The comparatives have also been restated in order to better comply with theUK Charities SORP (FRS 102).

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