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2022-03-30-accounts

Trustees’ Annual Report for the period

From 2021 Period start date To 2022 Period end date

Charity name: Caring Heart Madagascar

Charity registration number: 1186138

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To alleviate poverty in Madagascar.

Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
A feeding program is offered to the public every
day.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have used the guidance issued by
the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment

N/A Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The feeding program has had a tremendous
impact over this year due to the continuing
impact of Covid and inflation. The global
financial changes which have happened over the
year have caused a tremendous spike in inflation
and therefore the price of food. For several
hundred people our meal was the only thing
keeping them from starvation. This has had a
wider impact of reducing the frequency of crime
and allowing children to be able to go to school.
An individual who is starving or who can’t
provide for their children is far more likely to
commit a crime than an individual who is simply
hungry. This remains the main motivation for
the type of aid Caring Heart provides.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 Over the last year we have exceeded the
objectives we had for the number of people we
wanted to feed. This has been due to the
continued excellence of our team on the ground.
Performance of fundraising
activities against objectives
set
Para 1.41 N/A

N/A Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 The financial position of the charity at the end of
this period is good.

Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 We do not hold any reserves at this time.
Amount of reserves held Para 1.22 N/A
Reasons for holding zero
reserves
Para 1.22 Our donations only cover our monthly expenses.
Details of fund materially in
deficit
Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 At this time we do not have any concerns
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)

Para 1.47

Funds have always come through individual
donations.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 N/A
A description of the principal
risks facing the charity
Para 1.46 At this time, we do not foresee any risks.
Other N/A

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution

How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO

Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees are selected by the current board, by a
majority vote.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees
Para 1.51 N/A
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 N/A
Relationship with any related
parties
Para 1.51 N/A
Other

Reference and Administrative details

Charityname CaringHeart Madagascar
Other name the charityuses N/A
Registered charitynumber 1186138
Charity’s principal address 30 Sturminster Close
Bristol BS14 8EH

Names of the charity trustees who manage the charity

Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity
Trustee name Office (if any) Dates acted if
not for whole
year
Name of person (or body) entitled to appoint
trustee (if any)
1 Seth Schaben Director
2 Vanessa Schaben Treasurer
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

– Corporate trustees names of the directors at the date the report was approved

Director name Seth Schaben

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
N/A
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
N/A
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets
N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Additional information (optional) Additional information (optional) Additional information (optional)

Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s) Seth Schaben Position (eg Director Secretary, Chair, etc) Date 7/1/23

eJ•Mwy 2023 Carin Heart Mada ascar ch•1￿ refwenw. 1186138 Recei tsandPa ments Accounts from IstA rll 2021- 31° March 2022 Monthty Sp• Pwnds St•fthy (cwrtht r•le as of J•n 2023 Waqs Ifor Ma Food Stuffs lappray.) Tot 3.696.178.59 6.724.765 46 10.876J6035 681. i.w.(x) L71&t)) P￿ndS Sterkn( (c￿r￿t emthanp rate as of J•n 2023) 8172.IX) 12.536.IXI W¥es (for Malaqasy Stam Fcod Stuffs Mi5cell•news (kitchen utenyls, soap. de•ni 5uppll•s, transfw fw, •chan e r•t•s etc. 44.354,143.12 80.697,185.50 5.478,05L47 0.529JW.iO Annual Incom• Annual Spend T¢)tsl R•m•lnln 24.049 J) 21,708.CKI 2.341.IXJ JI Ku>unts cwrKt v•rtll•d ty Tnffjteos Seth Sth•ben afid M•k•l• C•mWI. Cwlni He•rt M•d•¥•sc•r Tre•swer and Trustee Charlty R41•reDce: 1186138