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2024-12-31-accounts

HOPE FOR TANZANIA

TRUSTEES REPORT

Year Ended: 31[st] December 2024

Registered Charity No: 1124470

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Contents

Page
Reference Information 3
Chairman’s Report 4-6
Independent Examiner’s Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10-12

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REFERENCE INFORMATION

TRUSTEES AND PROFESSIONAL ADVISORS

Trustees Dr M. P. Grosvenor (Chairman) Mr D. Beath (Treasurer) Ms H. Greenfield Mrs P. B. Grosvenor (Secretary) Mrs V. Quick MBE Mr S. Tackie-Oblie Mrs M. Keeley (previously Mrs M. Zimmermann) Principal Address 32 Clan Drive Belper Derbyshire DE56 1RB Bankers Barclays Bank Independent Examiner Hugh Gunn Barton Drove Cottage Winscombe Hill Winscombe Somerset BS25 1DJ

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Hope for Tanzania Trustees Annual Report 2024

CHAIRMAN’S REPORT

Governing Document

Hope for Tanzania is governed by its Trust Deed dated 3 March 2008 which was amended on 9 March 2020. It is registered with the Charity Commission, registration number 1124470.

Objectives

The objects of Hope for Tanzania, as set out in the Trust Deed, are to advance education in accordance with Christian principles and to relieve poverty in particular, but not exclusively, by improving employment prospects of individuals and communities by such means as the trustees may consider appropriate including by means of establishing and operating any educational or training establishment or establishments and by the provision of funds, goods or services of any kind including support for small businesses in such parts of Tanzania.

Hope for Tanzania works in the following areas:

How we work

We are satisfied that our key contacts in Arusha, Mwanza and Dar es Salaam, through which we distribute the majority of our donations, are trustworthy individuals and that the donated funds have been used for the specified purpose. We fund according to Christian principles, and pray regularly, in order to maximise the benefit of our support. The projects that have been supported in 2024 were for the benefit of people living in Tanzania and we have shown no bias towards or against people with respect to religion, gender or age.

What we did – Activities, Achievements

In setting objectives for the year and allocating funds to projects, trustees have complied with their duty of care in regard to the public benefit guidance as published in section 4 of the Charities Act 2006 by the Charity Commission. The trustees always ensure that its programmes are in line with the charitable objects of Hope for Tanzania. During 2024, Hope for Tanzania carried out its activities in Tanzania for the public benefit. During the year trustees met twice to review the work and receive reports from our partners concerning in-country projects. We did not visit Tanzania in 2024 but are confident that the work is continuing well and is in the good hands of people who are trustworthy and capable. We continue to have regular contact with all the people we support in Tanzania which is important to inform us and monitor the way our donations are used.

We have focussed our donations on capital projects this year with about 75% of income being used to build the Mlandizi Bible School and Mwanza Mission Centre. We want to leave a legacy in Tanzania and have confidence that the Mission Centre and Bible School, if

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staffed by godly and skilled individuals, will contribute to this objective and will sit alongside the other work that is ongoing, such as Tuishime School and investment in young people through education and training.

There has been a lot of rain in Tanzania during the year which has caused severe flooding, loss of life and loss of property. This is tragic for the very poor who have few resources and little ability to recover from such a disaster. We have supported individuals in a small way to help them re-build their lives.

Tuishime School

Our position in relation to the School, as Hope for Tanzania trustees, is that we have limited the assistance we gave to the child sponsorship donations we receive, with an occasional additional contribution. These donations have increased slightly during the year with two new sponsors whilst one sponsor withdrew. We continue to hold the view that we should not provide further capital investment to the School but encourage it to use its own resources and income, limited though that is. In this way we reduce financial dependency on the Charity. The financial situation at the School remains challenging as parents have been unable or reluctant to pay fees, which has resulted in continuing hardship for staff with the School unable to pay full salaries. The Tanzanian founders continue to subsidise the school from their own funds.

The School continues to provide a high quality of education by helping as many bright children from poor backgrounds as possible. The standard of education, as measured by success in the national Standard 4 and 7 exams, is key to the viability of the School. Tuishime School had 330 children on roll at the end of the year and maintained its 100% success rate in the standard 7 national exams in which 28 pupils achieved A grades and 9 B grades. The School has continued to serve the community and offer an important foundational step in the lives of the children.

Support and Education of Individuals

JJB, who we sponsored through a TAG bible college course, continues to be supported and mentored by Pastors Stephen and Esnat. It is our hope that he will eventually become the successor to Stephen and continue the work of OAVFM. We continue to support the students we have previously sponsored according to their needs so as to maximise our investment in them. We have maintained our training budget for young Tanzanians we have been supporting over the last few years to prepare them for church planting work. We supported SK in his third year and YN in his fourth year of a Bible Studies diploma at Lake Victoria Christian College. We purchased 675 bibles from the Opal Trust which will be distributed to churches in the OAVFM network and to those churches we have worked with in Bukoba area and Singida.

Singida

We have made no new investments in the churches in Singida during the year.

Oasis of Victory Faith Ministry (OAVFM)

The Bible School in Mlandizi was envisioned for the training of Christians who don’t have the means, time or educational level to attend denominational Bible colleges. It is already bearing fruit with diploma and certificate course sessions being run most months. The students of 2023 graduated in mid-2024 whilst new certificate and diploma classes started in June.

A well-attended pastor’s conference was successfully held which will help to promote the School and its courses. The nursery school for children living in the local community has

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been appreciated and well attended. We have funded sewing machines and materials for tailoring training which will be started in early 2025 in the workshops built at the perimeter of the site. We are satisfied with what has already been achieved at Mlandizi and anticipate an increased take-up of student places with the buildings being used more for Christian activities and by the community.

The dormitories, nursery classrooms, washrooms and kitchen and dining facilities were completed and fitted out. The plumbing, sewerage and drainage was also completed. The construction phase has been challenging as one of the builders was murdered for his faith and on another occasion thieves climbed over the wall and stole personal documents and clothes from the construction team.

One of the OAVFM churches in Dar has suffered damage during the heavy rains due to the poor quality of the construction. Our principal partners Pastor Stephen and EC remain people that we have great confidence and trust in. We have maintained regular contact with them after the 2023 visit.

Pastor Deo’s Mission Work

The Mwanza Mission Centre where Pastor Deo will live and host training in spiritual discipleship and farming methods is nearing completion. Deo has learnt Farming God’s Way methods during a visit to Zanzibar which he will use to teach pastors and young people who attend the Mission Centre. He is now knowledgeable about bee keeping and hive construction, water drilling for shallow wells, brick fabrication and fruit growing. He hopes to invite young people and pastors to the Centre in 2025 for training in church planting and business practice.

We assisted Pastor Deo to buy land from his neighbour to secure vehicular access and allow him to grow crops and carry out small scale farming which will help him provide for the needs of his family and part fund his mission work. We also funded construction work on the Mission Centre which allowed Pastor Deo to move into it with his family even though the electrical wiring, plumbing and internal finishing remains incomplete.

Pastor Deo remains a key partner of ours and we have confirmed the goodness of his character and motives. He has few material possessions but is willing to share what he has with many people even though it limits his lifestyle. We have provided living expenses for Pastor Deo throughout the year.

Focus in 2025

Our focus will be the utilisation of the Mwanza Mission Centre, enhanced use of Mlandizi Bible School by increasing student numbers and church and community services. We aim to sponsor additional young people through bible school training.

Dr Martin P. Grosvenor Chair of Trustees On behalf of the Trustees

Trustees

Our trustees were unpaid in connection with their services to the charity during 2024.

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Financial review

Political and charitable donations

There were no political or charitable donations made during the period.

Statement of Trustees responsibilities

Company law requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the Company for the year and of its incoming resources and resources expended during the year. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the Company and enable them to ensure that the financial statements comply with the relevant Companies Act and Charities Act. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examiner

These financial statements have been examined by Hugh Gunn. This report was approved by the Trustees on 2[nd] April 2025

Dr Martin P. Grosvenor Chair of Trustees On behalf of the Trustees

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Independent examiner’s report to the trustees of Hope for Tanzania

I report on the accounts of the Company for the year ended 31[st] December 2024, which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

Respective responsibilities of trustees and examiner

The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The Charity’s gross income exceeded £25,000 but was below £500,000 and I am qualified to undertake the examination by being a former Fellow of the Institute of Chartered Accountants in England and Wales.

Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) Which gives me reasonable cause to believe that in any material respect the requirements:

Hugh Gunn Barton Drove Cottage Winscombe Hill Winscombe Somerset BS25 1DJ

The notes on pages 12 to 14 form an integral part of these financial statements.

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Statement of Financial Activities For the year ended 31[st] December 2024

Statement of Financial Activities
For theperiod ended 31st December 2024
Income and Expenditure
Notes Unrestricted Restricted Total 2024 Total 2023
Funds Funds
£ £ £ £
IncomingResources
Voluntaryincome 2 34,426 9,120 43,546 21,222
Activities forgeneratingfunds 0 0 0 0
Investment income 0 0 0 0
IncomingResources from Charitable Activities 3,100 0 3,100 3,991
Total IncomingResources 37,526 9,120 46,646 25,213
Resources Expended
Costs ofgeneratingvoluntaryincome 85 0 85 91
Fundraisingtradingcosts 0 0 0 0
Investment management costs 0 0 0 0
Charitable expenditure 82,300 6,200 88,500 19,120
Governance costs 345 0 345 366
Total Resources Expended 3 82,730 6,200 88,930 19,577
Net Movement in Revenue Funds (45,204) 2,920 (42,284) 5,636
Transfer from unrestricted to restricted funds 0 0 0
Balances brought forward 1/1/24 49,153 1,289 50,443 9,894
Total Funds to carryforward 31/12/24 3,950 4,209 8,159 15,530

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Balance Sheet
At 31st December 2024 Dec-24 Dec-23
Notes £ £
Fixed Assets
Tangible fixed assets 4 0 0
0 0
Current Assets
Debtors 5 6,670 47,570
Cash at Bank and in Hand 1,489 2,873
Deposit account if applicable 0 0
Total current assets 8,159 50,443
Creditors: amounts fallingdue within oneyear 0 0
Net Current Assets 8,159 50,443
Total Assets less Current Liabilities 8,159 50,443
Creditors: amounts fallingdue after
more than oneyear 0 0
Net Assets 8,159 50,443
Represented by:
Funds
Unrestricted Funds 3,950 49,153
Restricted Funds 7 4,209 1,289
Revaluation Reserve 0 0
6 8,159 50,443

Chairman of Trustees M Grosvenor

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Notes to the Financial Statements Year ended 31[st] December 2024

1 Accounting Policies

The principal accounting policies are set out below. These accounting policies have been applied consistently throughout the year.

Basis of Accounting

These financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards. They follow the recommendations in the Statement of Recommended Practice, Accounting and Reporting by Charities (issued March 2005, revised in May 2008).

Incoming Resources

Income is recognised by the Charity as follows: Voluntary income such as donations, gifts and legacies is included in full at the point of receipt; income from fundraising activities is stated gross before any expenses.

Resources Expended

Resources expended are recognised in the year in which they are incurred. Charitable expenditure comprises those costs directly incurred by the Company in the delivery of its charitable activities. In includes both costs that can be allocated directly to such activity and those costs of an indirect nature necessary to support them.

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a specific activity are allocated directly; others are apportioned on an appropriate basis.

Taxation

The activities of the Charity fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these financial statements.

Fund Accounting

Funds held by the Charity are either:

Unrestricted funds – these are funds which can be used in accordance with the charitable objects at the discretion of the Directors, or

Restricted funds – these are funds which can only be used for the particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for a particular purpose.

2 Incoming Resources During the year, the Charity received gifts subject to Gift Aid which have been used for the charitable purposes of the Charity.

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Notes to the Financial Statements (continued) Year ended to 31[st] December 2024

3 Resource expended

During the year, the Charity made a number of grants to Tanzanian projects.

4 Tangible Fixed Assets

There were no Tangible fixed assets held by the Charity

5 Debtors 2024 2023

Gift Aid due from HMRC £6,670 £42,563

6 Funds reconciliation

ANALYSIS OF FUNDS Unrestricted Restricted Total funds
2,024
Fixed Assets 0 0 0
Investments 0 0 0
Current Assets 3,950 4,209 8,159
Current Liabilities 0 0 0
3,950 4,209 8,159

7 Restricted funds

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Restricted funds
RESTRICTED FUNDS Balance at Changes in
year
Balance at
01.01.24 31.12.24
£ £ £
Pastor Deo Ministries (4) 0 (4)
Stephen Osinde ministry 1,123 0 1,123
Child sponsorship (440) (330) (770)
TrainingFurther education 0 0 0
Micro Business 0 0
Swahili Bible fund 610 3,250 3,860
1,289 2,920 4,209

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8 Capital Commitments

There were no capital commitments at 31[st] December 2024

9 Contingent Liabilities

There were no contingent liabilities at the end of the period.

10 Related party disclosures

There were no related party transactions and no trustee received any remuneration for their service as a trustee.

11 Pensions

Because there are no employees of the Charity, there are no pension liabilities or responsibilities.

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