Stichting The Tactical
Technology Collective

Abridged Report and Financial Statements(extracts from the full audited financial statements)
Year ended: 31 December 2018

Stichting The Tactical Technology Collective

ContentsPage

Legal and administrative information

1

Statement of financial activities

2

Balance sheet

3

Notes to the financial statements

4/7

Stichting The Tactical Technology Collective

Legal and administrative information
For the year ended 31 December 2018
StatusThe 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 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 GR
Netherlands

BankerABN Amro
Corporate Non-Residents
Postbus 283
1000 EA
Amsterdam
The Netherlands

AuditorNick Brajkovich Limited
Chartered Accountants andRegistered Auditor
29 Withers Avenue
Warrington
Cheshire
WA2 8EUUK Registered Number : FCO28520

1Stichting The Tactical Technology Collective

Statement of Financial Activities
For the year ended 31 December 2018
Notes

RestrictedFunds€UnrestrictedFunds€

Total2018€

Total2017€

Contract workDonations
Interest received

66,493-

20,035-86,528-43,911
2,992
5

Incoming resources fromcharitable activities
Activist Facing
Public Facing
General programme funding

644,368
490,272
30,446

100,000

644,368
490,272
130,446

1,064,252
1,024,240
80,551

Incoming Resources
Activities for generating funds

Total incoming resources

1,231,579

120,035

1,351,614

2,215,951

Resources expended
Costs of generating funds
Contract work
Charitable activities
Activist Facing
Public Facing

86,104

12,387

98,491

69,7991,375,281
660,086-

1,375,281
660,086

860,369
1,145,946

213,523

243,969

231,148

8,449

8,449

8,724

2,386,276

General programme costs

230,446

Compliance costs

3-

Total expenditure

2,151,917

234,359

Net surplus/(deficit)
for the year

(920,338)(114,324)

Funds transfers(1,034,662)

2,315,986(100,035)

393,187(393,187)

986,215

708,817

1,695,032

1,795,067

459,064

201,306

660,3701,695,032

Net Movement in funds
Fund balances brought
forward at 1st January
Fund balances carriedforward at 31st December

The notes on pages 11 to 15 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 Collective

Balance Sheet as at 31 December 2018

Notes2018
€

2017
€

€

€

Fixed Assets
Tangible fixed assets

53,983

4,551

Investment

6

25,00025,000Current assets
Debtors

7

Cash at bank and in hand

72,24147,224624,164

1,627,823
696,405

1,675,047

Creditors: amounts falling due within
one year8(65,018)(9,566)

Net current assets

631,387

1,665,481

Total Net Assets

660,370

1,695,032

660,370

1,695,032

Funds

93

Stichting The Tactical Technology Collective

Notes forming part of the financial statements
For the year ended 31 December 2018.1

Accounting policies
Basis of preparation
The 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) andapplicable accounting standards.

(b)

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.

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

(d)Fund accounting
Unrestricted 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 costs
These are costs associated with constitutional and statutory requirements.

(f)

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:(g)Computer equipment

25 % on cost

Fixtures and fittings

25 % reducing balance basis

Foreign currencies
Assets 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 Collective

Notes forming part of the financial statements
For the year ended 31 December 20182018€2017€

58,082
4,049
14,021
129,812
9,345
1,489
3,162
7,038
3,278
7,572

57,769
3,337
7,770
296
3,640
108,365
9,776
2,490
1,628
7,420
2,980
4,811

2,358
1,675
54
572
1,462

2,663
3,346
2,982
6,047
2,882
2,946

243,969

231,148

2 Costs of general programme support
Rent
Payroll costs
Insurance
Bad debts
Telephone & internet
Salaries
Travel expenses
Heat & lightRepairs & renewals
Postage, stationery & advertisingHousehold & cleaning
Professional fees for legal advice & payroll
Bank charges
Sundries

Foreign exchange gains
WebsiteRecruitment costs
Depreciation

Indirect costs and overheads represented 10.2 % of total programme expenditure during the year under review(2017: 9.9 %).

3 Compliance costs

Auditor’s remuneration:
Under/(over) provision from prior year
Current year
Domiciliation fees2018
€

2017
€

5,400
3,049
8,449

275
5,400
3,049
8,724

2018
€

2017
€

1,610,072

1,499,955

4 Staff costs

Stephanie Hankey and Marek Tuszynski are directors of TTC under Netherlands law. They are both self
employed and receive funding from other sources. They invoice TTC for work done, this income is not related totheir legal responsibilities as directors.

5Stichting The Tactical Technology Collective

Notes forming part of the financial statements
For the year ended 31 December 2018

5 Tangible fixed assets

Fixtures &Fittings€

ComputerEquipment
€

Total

Cost
At 1 January 2018
Additions

6,912
894

12,896-19,808894

At 31 December 2018

7,806

12,896

20,702

Depreciation
At 1 January 2018
Charge for the year

4,24183511,016
627

15,2571,462

At 31 December 2018

5,076

11,643

16,719Net book value
At 31 December 2018

2,730

1,253

3,983

At 31 December 2017

2,671

1,880

4,551

€

6 Investment
TTC owns 100% of the issued share capital of Tactical Tech Collective gGmbH, a tax exempt, not for profit
entity, which was set up in order to receive a small grant from the German Foreign Ministry in the years 2014
– 2016. The last financial statements that have been prepared for this entity are for the year ended 31December 2017; as at the 31 December 2017 the entity had net assets of 28,970Euros.
7Debtors
2018€2017€Trade debtors

51,35029,167

Prepayments & accrued income

20,891

18,057

72,241

37,224

6

Stichting The Tactical Technology Collective

Notes forming part of the financial statements
For the year ended 31 December 20188

Creditors: amounts falling due within one year

Social security & other taxes
Accruals

92018
€
3,327
61,691

2017
€
9,566

65,0189,566-FundsBalance as
at01.01.2018€

Incoming
resources

Outgoing
resources

Balanceas
at31.12.18€€€

Contract work

10,05066,49386,104(9,561)

Activist Facing

856,102644,368

1,375,281

125,189

Public Facing

120,063490,272

660,086(49,751)

030,446

30,446

0986,215

1,231,579

1,758,730

65,877

Training & toolkits

133,099

20,035

12,387140,747

General programme
funds

575,718

100,000

221,972

453,746

Total

708,817

120,035

234,359

594,493

1,695,032

1,351,614

2,386,276

660,370

Restricted funds

General programmefunding
Total

Unrestricted funds

Outgoing general programme funds are in alignment with number 2 Costs of general programme support.

7