THE ARGENTINE TANGO SOCIETY
Financial health, per its FY2023 accounts
The accounts state that the charity operated at a significant deficit of £350,108 for the year ended 31 December 2023, with no donations received and income limited to interest. Per the trustees' report, the unrestricted fund balance dropped to £2,674, supported by a transfer of £320,000 from an expendable endowment fund established by the principal donor.
What the accounts disclose
“The trustees consider that the year end closing balance on all funds of £132,653 is adequate for the size of ATS’s activities.”
Trustees
- Dr JOSEPH ELMALEHchair
- BARRY RAYMOND SAMUELS
- Paul Lange
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £362k | £355k |
| 31/12/2023 | £333k | £363k |
| 31/12/2022 | £286k | £280k |
| 31/12/2021 | £390k | £373k |
| 31/12/2020 | £264k | £284k |
Common questions
Is THE ARGENTINE TANGO SOCIETY financially healthy?
The accounts state that the charity operated at a significant deficit of £350,108 for the year ended 31 December 2023, with no donations received and income limited to interest. Per the trustees' report, the unrestricted fund balance dropped to £2,674, supported by a transfer of £320,000 from an expendable endowment fund established by the principal donor. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £164k |
| THREE PILLARS TRUST | 1 | £71k |
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £38k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £1k |