
## **Trustees’ Annual Report for the period** 

**From      April 2022      Period start date To March 2023      Period end date** 

**Charity name: Caring Heart Madagascar** 

## **Charity registration number: 1186138** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|To alleviate poverty in Madagascar.|
|<br>Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or services<br>identified in the accounts.|Para 1.17 and<br>1.19|A feeding program is offered to the public every<br>day.|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|The trustees have used the guidance issued by<br>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<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|The feeding program has had a tremendous<br>impact over this year due to the continuing<br>impact of inflation. Inflation has remained high<br>and continued to impact the price of food. Our<br>meal remains the only thing keeping many<br>people safe from starvation. We continue to<br>recognize the impact this has on crime in the<br>area and the financial freedom it provides for<br>parents to send their kids to school. Caring Heart<br>remains committed to our approach due to the<br>extreme difference being on the brink of<br>starvation has on the level of desperation an<br>individual experiences and what they will do to<br>seek relief.|



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

|Achievements against<br>objectives set|Para 1.41|Over the last year we have exceeded the<br>objectives we had for the number of people we<br>wanted to feed. This has been due to the<br>continued excellence of our team on the ground.|
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>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<br>financial position at the end<br>of the period|Para 1.21|Coming into the end of the period we have lost<br>our major sources of funding and do not have<br>the required minimum of trustees going forward<br>and so are winding down the charity’s activities<br>for the end of the financial year. Thankfully, we<br>had enough funds to provide the team with<br>multiple months of notice for the end of their<br>jobs. As well as provide a month of notice to all<br>those who depend on the feeding program.|
|Statement explaining the<br>policy for holding reserves<br>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<br>reserves|Para 1.22|Our donations only cover our monthly expenses.|
|Details of fund materially in<br>deficit|Para 1.24|N/A|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|There are uncertainties around the availability of<br>funding and trustees, due to major donors and<br>trustees having a change in circumstances.|



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

|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47|Funds have always come through individual<br>donations.|
|---|---|---|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46|N/A|
|A description of the principal<br>risks facing the charity|Para 1.46|The principal risk facing the charity is having to<br>close because of the loss of funding and not<br>enough trustees.|
|Other||N/A|





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Constitution|
|<br>How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|CIO|
|<br>Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|Trustees are selected by the current board, by a<br>majority vote.|



## **Additional information (optional)** 

You may choose to include further statements where relevant about: 

|Policies and procedures<br>adopted for the induction and<br>training of trustees|Para 1.51|N/A|
|---|---|---|
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51|N/A|
|Relationship with any related<br>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|Whisteldown<br>Station Road<br>Yelverton<br>Devon PL20 6HX|
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## **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**|
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|||**Trustee name**|**Office (if any)**|**Dates acted if**<br>**not for whole**<br>**year**|**Name of person (or body) entitled to appoint**<br>**trustee (if any)**|
|1||Seth Schaben|Director|||
|2||Vanessa Schaben|Treasurer|||
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## – 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<br>held in this capacity|N/A|
|---|---|
|Name and objects of the<br>charity on whose behalf the<br>assets are held and how this<br>falls within the custodian<br>charity’s objects|N/A|
|Details of arrangements for<br>safe custody and<br>segregation of such assets<br>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)**|
|---|---|---|
|<br>**Names and addresses of advisers (Optional information)**|||
|**Type of adviser**|**Name**|**Address**|
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|**Name of chief executive or names of senior staff members (Optional information)**|||
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## **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** 23/4/23 



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