Finance Score: -3

Governance Score: 0

Support Score: 6

Liabilities <10%: +3
Excess reserves: -3
Spending falling: -1
Multiple Deficits and declines: -5
Fundraising costs low: +3

No volunteer policy: -2
No conflicts policy: -1
Gender balanced board: +3

Large volunteers +3
Gov Income
Overall weighted support: +3

Overall GiG Score: 3

THE TAOIST TAI CHI SOCIETY OF GREAT BRITAIN

To advance education and training in Taoist religion, as taught by Mr Moy Lin Shin, in Great Britain and internationally.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received Government grants
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
This charity does not have a Conflict of Interests policy

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,183,026 available, equivalent to 39 months of spending and so may not be able to utilise additional funding
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£510	£363	£147	£1	£1,183	£1,183	39.1	4	100
31/12/21		£252	£702	£-450	n/a	n/a	n/a	n/a	n/a	n/a
31/12/20		£691	£418	£273	£5	£1,486	£1,486	42.6	3	150
31/12/19		£1,111	£1,060	£51	£10	£1,213	£1,213	13.7	4	500
31/12/18		£1,171	£1,775	£-604	£29	£1,162	£1,162	7.9	4	500
31/12/17		£1,230	£905	£325	£18	£1,766	£1,766	23.4	5	0
31/12/16		£992	£1,003	£-11	£6	£1,440	£1,440	17.2	5	0
31/12/15		£883	£862	£20	£23	£1,452	£1,452	20.2	5	0
31/12/14		£863	£916	£-53	£17	£1,431	£1,431	18.8	4	0
31/12/13		£951	£863	£89	£22	£1,484	£1,484	20.7	4	0
31/12/12		£955	£853	£103	£190	£2,120	£2,120	29.8	5	0
31/12/11		£998	£1,004	£-6	£209	£2,017	£2,017	24.1	6	0
31/12/10		£1,049	£1,195	£-146	£219	£2,024	£2,024	20.3	6	0
31/12/09		£1,055	£937	£118	£204	£2,170	£2,170	27.8	5	0
31/12/08		£1,084	£900	£184	£200	£2,052	£2,052	27.4	5	0
31/12/07		£973	£890	£83	£154	£1,869	£1,869	25.2	4	0
31/12/06		£1,052	£973	£79	n/a	n/a	n/a	n/a	n/a	n/a
31/12/05		£816	£703	£113	n/a	n/a	n/a	n/a	n/a	n/a
31/12/04	*	£744	£611	£133	n/a	n/a	n/a	n/a	n/a	n/a

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0.4%
Fundraising Costs/Total Spending: 0.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 39.1 months
Net Current Assets/Spending: 23 months
Quick Ratio: 15.3

Asset Split ?

Balance Sheet History

Established: 29 years
(33 years as a company)

www.taoisttaichi.org/

gb@taoist.org

01206576167

Charity Commission for England and Wales

Tweets

Listed activities

Religious Activities

GiG Classification

Other facilities management and maintenance

How it operates

Makes grants to organisations
Other charitable activities

Where it operates

Scotland, Throughout England And Wales,

Who it helps

The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 51-75

KENNETH JAMES MACLACHLAN Appointed: 2021, Occupation: Retired Teacher

MS KATE MITCHELL, Occupation: Optometrist

MOIRA PAMELA JACKSON Appointed: 2020, Occupation: Retired Holistic Therapist

NICK BUSTIN Appointed: 2011, Occupation: Senior Tax Manager-Chartered Tax Advisor

PETER JAMES JONES Appointed: 2005, Occupation: Software Developer

PHILOMENA PRETSELL Appointed: 2011, Occupation: Ceramic Artist

SAMANTHA MASTERS Appointed: 2009, Occupation: Graphic Designer

Legal constitution

Charitable company registered in England & Wales on 21/03/1996, number: 1053425
Registered at Companies House on 12/04/1991, number: 02601222

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR04: 403 days late,

Main office

Taoist Tai Chi Society European Cen
Bounstead Road
Blackheath
COLCHESTER
CO2 0DE

Objectives

(A) THE PROTECTION AND PRESERVATION OF GOOD HEALTH WITHIN THE COMMUNITY THROUGHOUT GREAT BRITAIN AND INTERNATIONALLY THROUGH THE PROMOTION AND PRACTICE OF ALL LEVELS OF TAOIST TAI CHI ARTS.(B) TO ADVANCE EDUCATION AND TRAINING IN TAOIST RELIGION, PHILOSOPHY, TRADITIONS AND ARTS AS PROMOTED BY THE SOCIETY'S FOUNDER MASTER MOY LIN SHIN

Defined Area of Benefit:

GREAT BRITAIN AND INTERNATIONAL