2025-04-05-accounts

TASC MADAGASCAR

Financial statements – 5 April 2025

CONTENTS

	Page
General Information	1
Trustees’ Annual Report	2-4
Independent Examiner’s Report	5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Financial Statements	8

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
	12 Hillbourne Road
	Poole
	BH17 7JB

1

TASC MADAGASCAR

TRUSTEES’ ANNUAL REPORT

The trustees present their report for the year ended 5 April 2025. 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.

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TASC MADAGASCAR

TRUSTEES' ANNUAL REPORT (continued)

REVIEW OF ACTIVITIES

Works Completed in 2024:

Tanjomoha

• All window replacements and a few doors now completed

• Roof of medical centre completed.

• All new beds completed in boy’s dorms.

• Roadworks to back gate now completed.

• Ongoing marketing of timber from the sawmill progressing well.

• 3 University students almost complete with undergraduate degrees.

Farafangana

• 46 children in school with nuns, all equipment, uniforms and lunch.

• Some minor improvements completed by nuns but we need to check

Mahatsara Outcast school. TASC/ADSUM/Feedback

• School completed and occupied with 180 students.6 classrooms,toilets and canteen.

• Well installed and maintenance instructions given.

• Playground completed with soccer pitch

• Teachers paid for 1 year 2025.

• Building handed over by Pere at ceremony with local Chef Cisco.

Fianarantsoa

• 34 children in primary school with lunch

• Addition classes on Saturdays for children needing extra tuition

• 10 families supported

• 7 special children in 2[nd] school

• 8 students in University with 1 in chef school

• Saunia about to complete his Masters diseration in Applied Physics

• Work at major primary school hand washing and toilets completed.

• Major assemble classroom renovated.

• Vola support continuing.

• Valerie and Phillipeen support under review

Sabotsikely School Tana. TASC/ ADSUM . Tina Operation

• New 2 classroom kindergarten roof on

• Gazebo for parents and teachers almost complete

• Toilets under renovation

• Patching and plastering ahead of full repaint ongoing.

• Tina operation to remove growth in his neck successful.

Swinburn Private Donation

• Major donation issued by Chris and Emma for major works, desks, improvement in teaching equipment for 1500 children, probably over a 5 year period.

3

TASC MADAGASCAR

TRUSTEES' ANNUAL REPORT (continued)

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 18 November 2025 and signed on their behalf by

Stuart Martin MBE Chairman

4

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 2025.

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

12 Hillbourne Road, Poole, BH17 7JB

Date: 25 November 2025

5

TASC MADAGASCAR

Statement of Financial Activities For the Year Ended 5 April 2025

			2025	2024
	Unrestricted	Restricted	Total	Total
	£	£	£	£
Income:
Donations and legacies	37,934	-	37,934	44,862
Investment income (interest)	-	-	-	185
	────	────	────	────
Total income	37,934	-	37,934	45,047
	────	────	────	────
Expenditure:
Expenditure on charitable activities	35,973		35,973	87,925
	────	────	────	────
Total expenditure	35,973	-	35,973	87,925
	────	────	────	────
Net income/(expenditure) for the year and
net movement in funds	1,961	-	1,961	(42,878)
Reconciliation of funds:
Total funds brought forward	74,699	Nil	74,699	117,577
	─────	─────	─────	─────
Total funds carried forward	£76,660	£Nil	£76,660	£74,699
	═════	═════	═════	═════

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.

6

TASC MADAGASCAR

Balance Sheet at 5 April 2025

		2025		2024
	£	£	£	£
CURRENT ASSETS
Cash at bank and in hand	76,660		74,699
	─────		─────
NET CURRENT ASSETS		76,660		74,699
		─────		─────
NET ASSETS		£76,660		£74,699
		═════		═════
FUNDS
Unrestricted general fund				74,699
Restricted funds		-		-
		─────		─────
		£76,660		£74,699
		═════		═════

Approved by the trustees and signed on their behalf by

Stuart Martin MBE Chairman

Date: 18 November 2025

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TASC MADAGASCAR

Notes to the Financial Statements For the Year Ended 5 April 2025

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. One (2024 – two) trustee(s) were reimbursed for expenses incurred on the charity’s behalf during the year.

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