2024-04-05-accounts

TASC MADAGASCAR

Financial statements – 5 April 2024

CONTENTS

	Page
General Information	1
Trustees’ Annual Report	2-5
Independent Examiner’s Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes to the Financial Statements	9

TASC MADAGASCAR

General Information

REGISTERED CHARITY NUMBER:	1130610
TRUSTEES:	Stuart Martin MBE (Chairman)
	Edward Ellis
	Patrick O’Brien
	James O’Brien
	Christopher Swinburn
CORRESPONDENCE ADDRESS:	12 Deep Ghyll Walk
	Ripon
	North Yorkshire
	HG4 1RL
BANKERS:	Lloyds Bank plc
	High Street
	Winchester
	SO23 9BU

INDEPENDENT EXAMINER: Mr J P Foxwell FCCA FCIE independent-examiner.net 39 Enfield Road Poole BH15 3LJ

1

TASC MADAGASCAR

TRUSTEES’ ANNUAL REPORT

The trustees present their report for the year ended 5 April 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 102 (FRS102).

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of the charity’s affairs and of the surplus or deficit for the year.

In preparing those financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and whether the financial statements have been prepared in accordance with the Charities SORP; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.

The trustees are responsible for:

• keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity; and

• safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and other irregularities.

LEGAL AND ADMINISTRATIVE

The charity was established under a Trust Deed dated 20 June 2009. Trustees are appointed by the Board of Trustees.

OBJECTS

The objects of the charity are:

• To carry out such purposes as are charitable according to the laws of England and Wales for the benefit of people living in Madagascar, particularly the community at Tanjomoha in such ways as the trustees shall think fit, in particular, but not exclusively, by:

• The relief of poverty;

• The relief of sickness and the preservation and protection of good health; and

• The advancement of education and training.

2

TASC MADAGASCAR

TRUSTEES' ANNUAL REPORT (continued)

REVIEW OF ACTIVITIES

Three of the trustees visited in September 2023 and gave the following report:

In general we again found the country to be in a much dilapidated state with the roads and infrastructure in tatters.

There has been a new election with the existing President being re-elected, the incumbent Prime Minister has also remained in position.Travel times and the general state of buildings and schools has deteriorated substantially in the 4 years since Covid and corruption is rife and as usual the last to be paid are teachers. Road conditions are worsening, security and safety are not as good particularly at night and transport costs have risen by 20%. The poverty levels have deteriorated and food supply in many areas is scarce. There are still women and children breaking rocks on the side of the road all day and the main towns we passed through are very run down and dirty.

All the Projects over the past 4-6 years are really doing well and the children in schools we support are thriving, happy and engaged. The new school at Mahatsara is up and running, we are looking at maybe funding teachers for three years due to the national situation, the feasibility study for the well for the school and village is very positive.

Our long term Projects in Forestation and Vanilla at Tanjomoha are an amazing success and the new saw mill is up and running and Vanilla will be ready for harvest in 2024-2025. Reports on this will be given following our visit next year.

The secondary students and University students we met continue to be full of ambition and drive with an intense sense of responsibility to give back and pass their good fortune onwards and they are the future. The teachers we met were very enthusiastic and you could feel the bond with their students. Classrooms were clean and neat and are all full everyday. The simplest of help in school desks that we have provided has been a great success and supporting kids with a lunch everyday means the parents keep them in school rather than out begging.

Tsianolondroa Primary School, Fianarantsoa

This is the main primary school we support in Fianarantsoa and we have provided meals for 6 years now for 65 street children.

We also provided much needed school desks, equipment for children and teachers closets, chairs and desks.

There are 65 Primary school street children getting lunch 5 days a week during the 10 months of school term. They are also getting their school fees supported and state documentation sorted where needed to allow them sit for state exams. The head teacher is a delight to meet as were the 13 full time teachers who were all enthusiastic and positive with the children and anxious to let us know how their children are thriving.

We continue to support additional tuition for 94 children who need extra help to pass their state exams by providing 4 classes every Saturday morning during the 10 month school year.

These are 15 secondary school children that we are sending to special schools and or boarding schools. The girls were heading for a life of begging or prostitution but all 15 of them are now striving and achieving very good grades and each of these that we met knew exactly where they want to get to with TASC support. They were bright, chatty and full of ambition and hope. Inspiring !!

3

TASC MADAGASCAR

TRUSTEES' ANNUAL REPORT (continued)

REVIEW OF ACTIVITIES (continued)

We have 6 students at University and all are doing well with 2 students we met are just starting their masters. When we asked “Why”?, the young man explained he wants to be a teacher to help other kids get through high school. The young woman wants to be a journalist to highlight women’s issues.

St Joseph’s School for mentally challenged children in Fianarantsoa

As we said in last years report we are no longer funding St Joseph’s, they contune to thrive.

Tanjomoha

We had a wonderful trip back to Tanjomoha and had a great review with Pere and his staff of all the projects we have supported over the past 4 years.

Pere Emeric started replacing his rusting roofs with long term cyclone and maintenance free concrete tiled roofs and is introducing solar panels.

New metal beds and new mattresses for all have been purchased for the boys and we will continue with the girls dorms.

Last year we built a new 3 stall cow shed for Tanjomoha and this is proving positive.

The milk goes to the children with malnutrition and their mothers and the manure is used on the vegetable gardens. All in all a great success.

The new Vanilla plantation where we now have 1000’s of vanilla pods growing is a great success Pere expects that in 1 years this will be a major help in the financial security of Tanjomoha.

We still have security issues to complete but it is part of our ongoing discussions with Pere and his volunteers. Tragically a night security guard was murdered, we have looked at the feasibility of security cameras but Pere is not amenable with regard to this.

ANDASY Primary School

We revisited the school to see the vastly improved quality of the buildings since we first dedicated it 6 years ago, it continues to thrive.

NOHON Last year we attended the formal opening of the new primary school in the outcast village of Nohona. This continues to be the spiritual home of Tasc and Tanjomoa and continues to exceed our expectations

4

TASC MADAGASCAR

TRUSTEES' ANNUAL REPORT (continued)

REVIEW OF ACTIVITIES (continued)

Farafangana

The people still behind the wall remain in a very poor condition as is the village we rebuilt back in 2006.

They have not managed to get real consistent work and seem incapable of maintaining the courtyard and houses. The sisters have committed to redecoration in the next year and we can only hope.

In the meantime and for the past 5 years we have supported sending their children and grandchildren to the convent school up the road and now have 42 children of various ages in school each year. The increased cost to send a kid to school with books, bag, uniform, sandals and a lunch every day is now up to €67 per year per student.

The kids were clean and bright and full of fun and their new head teacher was an inspiration.

Again our thanks to Tojo and Tina for the incredible support and friendship over 18 long days.

We had the great pleasure of meeting their families and breaking bread with them but also the joy of seeing their commitment to their country and their insight and advice in all the work we do together.

The trustees have read the guidance on public benefit issued by the Charity Commission and have paid due regard to it when undertaking the charity’s work. The trustees believe that all the work undertaken by the charity has been for the public benefit in accordance with such guidance and in furtherance of the charity’s charitable objects.

RESERVES POLICY

The Trustees hope to maintain reserves of around £10,000 for urgent projects and emergencies. Current reserves are considerably higher due to the legacy received five years ago, the trustees have started to use the legacy from Dr Hutton for educational purposes in accordance with his wishes.

Approved by the trustees on and signed on their behalf by

Stuart Martin MBE Chairman

5

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TASC MADAGASCAR

I report to the trustees on my examination of the accounts of TASC Madagascar (‘the charity’) for the year ended 5 April 2024.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr J P Foxwell FCCA FCIE

independent-examiner.net

39 Enfield Road Poole BH15 3LJ

Date: 20 December 2024

6

TASC MADAGASCAR

Statement of Financial Activities For the Year Ended 5 April 2024

			2024	2023
	Unrestricted	Restricted	Total	Total
	£	£	£	£
Income:
Donations and legacies	44,862	-	44,862	29,356
Investment income (interest)	185	-	185	180
	────	────	────	────
Total income	45,047	-	45,047	29,536
	────	────	────	────
Expenditure:
Expenditure on charitable activities	87,925	-	87,925	47,456
Other expenditure	-	-	-	335
	────	────	────	────
Total expenditure	87,925	-	87,925	47,791
	────	────	────	────
Net income/(expenditure) for the year and
net movement in funds	(42,878)	-	(42,878)	(18,255)
Reconciliation of funds:
Total funds brought forward	117,577	Nil	117,577	135,832
	─────	─────	─────	─────
Total funds carried forward	£74,699	£Nil	£74,699	£117,577
	═════	═════	═════	═════

The Statement of Financial Activities reflects the results of continuing activities for the year.

There are no recognised gains and losses other than those shown in the Statement of Financial Activities.

7

TASC MADAGASCAR

Balance Sheet at 5 April 2024

		2024		2023
	£	£	£	£
CURRENT ASSETS
Cash at bank and in hand	74,699		117,577
	─────		─────
NET CURRENT ASSETS		74,699		117,577
		─────		─────
NET ASSETS		£74,699		£117,577
		═════		═════
FUNDS
Unrestricted general fund		74,699		117,577
Restricted funds		-		-
		─────		─────
		£74,699		£117,577
		═════		═════

Approved by the trustees and signed on their behalf by

Stuart Martin MBE Chairman

Date:

8

TASC MADAGASCAR

Notes to the Financial Statements For the Year Ended 5 April 2024

1 ACCOUNTING POLICIES

(a) Accounting convention and basis of preparation

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

(b) Donations

Donations and legacies are accounted for when received. The tax recoverable on gift aided donations is only recognised upon receipt.

2 TRUSTEES’ REMUNERATION AND EXPENSES

No trustee received any remuneration from the charity. Two (2023 – two) trustee(s) were reimbursed for travel expenses incurred on the charity’s behalf during the year.

9