Trustees’ Annual Report for the period
From 2023 Period start date To 2024 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 |
Due to a lack of funding the activities of the charity have been paused. |
| 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 | During the past year there has been no impact because there has been no funding. We are hopeful this will change in the next year. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
Going into this year we knew there would be funding challenges and were prepared for what has occurred. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | N/A |
| Investment performance against objectives Para 1.41 N/A Other |
|
|---|---|
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | This financial year has forced the charity to pause activities. However, there remains the opportunity for renewed funding so we are hopingthis happens. |
| 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 | There are uncertainties around the availability of funding due to major donors having a change in circumstances. |
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 | The principal risk facing the charity is having to close because of the loss of funding. We do not want to see this happen and remain hopeful there will be a return to activities. |
| 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:
N/A Policies and procedures adopted for the induction and Para 1.51 training of trustees N/A The charity’s organisational structure and any wider Para 1.51 network with which the charity works N/A Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charityname | CaringHeart Madagascar |
|---|---|
| Other name the charityuses | N/A |
| Registered charitynumber 1186138 Charity’s principal address Whisteldown Station Road Yelverton Devon PL20 6HX |
|
|---|---|
| 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 | Marla Schaben | 08/24 | |||
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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 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)
| 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 17/1/25
31st March 2024
Caring Heart Madagascar
Charity reference: 1186138
- Receipts and Payments Accounts from 1[st] April 2023 31[st] March 2024
| Monthly Spend | Malagasy Ariary | Pounds Sterling (current exchange rate as of Jan 2024) |
|---|---|---|
| Wages (for Malagasy Staff) | 0 | 0 |
| Food Stuffs (approx.) | 0 | 0 |
| Total Spend | 0 | 0 |
| Annual Spend | Malagasy Ariary | Pounds Sterling (current exchange rate as of Jan 2024) |
|---|---|---|
| Wages(for MalagasyStaff) | 0 | 0 |
| Food Stuffs | 0 | 0 |
| Miscellaneous (kitchen utensils, soap, cleaning supplies, transfer fees, exchange rates etc.) |
0 | 0 |
| Total Spend | 0 | 0 |
| Pounds Sterling | |
|---|---|
| Total used frompreviousyear | 0 |
| Annual Income | 0 |
| Annual Spend | 0 |
| Total Remaining | 00.00 |
All accounts correct and verified by Trustees Vanessa Schaben and Marla Schaben.
……………………………………
Seth Schaben
Caring Heart Madagascar Director and Trustee
Charity Reference: 1186138