## **Trustees’ Annual Report for the period**
**From 01 September 2023 Period start date To 31 August 2024 Period end date**
## **Charity name: MADEX - MADAGASCAR MEDICAL EXPEDITIONS**
## **Charity registration number: 1190415**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document.|Para 1.17|For the public benefit, the relief and
assistance of people in need, in
Madagascar, who are the victims of
Neglected Tropical Diseases, by
researching, treating and delivering health
education.|
|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|Planning expeditions to Madagascar to
deliver health education, treatment and to
research Neglected Tropical Diseases.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit.|Para 1.18|In planning our activities for the year, we
kept in mind the Charity Commission’s
guidance on public benefit at our trustee
meetings.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|N/A|
|Policy on social investment
including program related
investment|Para 1.38|N/A|
|Contribution made by
volunteers|Para 1.38|N/A|
|Other||We are grateful to our colleagues in
Madagascar for their ongoing commitment
and support in helping MADEX to deliver its
objectives to improve the education and
health of people in Madagascar.|
## **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|Our charity has conducted health research
and delivered education interventions in
Madagascar. There was no research
expedition in the 2023-2024 year. We have
instead focused our efforts on data analysis
and production of research outputs from our
previous work.|
|**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:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|See above (in summary of main
achievements).|
|Performance of fundraising
activities against objectives
set|Para 1.41|No fundraising activities were conducted in
the 2023-2024 year|
|Investment performance
against objectives|Para 1.41|N/A|
|Other||N/A|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of this financial period, MADEX
had a total of £2,886 in funds.
There were no expenses and no funds
received during the 2023-2024 year.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Every year £1000 is held as reserve in the
form of a contingency fund for expeditions.|
|Amount of reserves held|Para 1.22|£1000 (this is part of the £2,886)|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A. There are no funds that are materially
in deficit.|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|MADEX receives funds primarily through
small research and expedition grants. The
funding landscape gives ongoing concerns
about the charity continuing. We are
committed to our purpose and as such, we
are moving towards local leadership in this
area of Madagascar, to ensure that the|
project can be delivered in our absence. We have also explored additional fundraising - activities (e.g. donations via Just giving).
|**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|All funds are held directly in the MADEX
bank account (Co-op community account).
No funds were received during the 2023-
2024 year|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A. No funds are held in investments.|
|A description of the principal
risks facing the charity|Para 1.46||
|Other||N/A|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|CIO - ASSOCIATION|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation (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|Charity trustees James Penney, Isla Young,
Kate Hyde retired by rotation from office as
per the governing document section 13.
Charity trustees James Penney, Isla Young,
Kate Hyde were chosen as trustees and
reappointed by discussion and unanimous
agreement of the remaining trustees.|
|**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:|
|---|---|---|
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|New trustees are provided with a copy of the
charity governing document, a copy of the
annual report and a statement of account.|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity consists of 7 trustees, with
quarterly meetings to discuss the objectives
and progress of the charity. Tasks are
agreed and delegated fairly to each trustee.
In organising disease research and
management expeditions, trustees
coordinate with other charities and
organisations, such as the Ministry of Health
Madagascar, Liverpool School of Tropical
Medicine and the Institut Pasteur.|
|Relationship with any related
parties|Para 1.51|There are no official relationships with other
related parties.|
|Other||N/A|
## **Reference and Administrative details**
|Charityname|MADEX - Madagascar Medical Expeditions|
|---|---|
|Other name the charity uses||
|Registered charity number|1190415|
|Charity’s principal address|Garden Flat, 119 Cromwell Road, St. Andrews, Bristol BS6
5EX|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**|**Name of**
**person (or**
**body) entitled**
**to appoint**
**trustee (ifany)**|
|---|---|---|---|---|
||Dr Stephen Spencer||||
||Dr Isla Young||||
||Dr James Penney||||
||Dr Cortland Linder||||
||Dr Hannah Russell||||
||Dr Kate Hyde||||
|7|Dr Caitlin Sheehy||||
## – Corporate trustees names of the directors at the date the report was approved
**Director name** N/A
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)**
||**Type of**
**adviser**
**Name**
**Address**
N/A
**Name of chief executive or names of senior staff members (Optional information)**|**Type of**
**adviser**
**Name**
**Address**
N/A
**Name of chief executive or names of senior staff members (Optional information)**|
|---|---|---|
||N/A||
||||
||N/A||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
N/A
**Other optional information**
N/A
## **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)**
**Position (eg**
**Secretary, Chair,**
**etc)**
**Date**|||
|---|---|---|
||||
||Dr Hannah Russell||
||||
||Trustee||
||18.06.2025||
||18.06.2025||
**----- Start of picture text -----**
1190415
**----- End of picture text -----**
## **MADEX - MADAGASCAR MEDICAL EXPEDITIONS**
**Receipts and payments accounts CC16a For the period** 01-Sep-23 31-Aug-24 **To from**
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|
|||**-**|**-**|**-**|**-**|
|||||**-**||
|||||||
|||||||
|||||||
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
|_AR)_|**-**|**-**|**-**|**-**|**-**|
|**A2 Asset and investment sales,**
**(see table).**|**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**||
||**-**||||**-**|
||**-**||||**-**|
|**_Sub total_**|**-**||||**-**|
|**_Total receipts_ **||||||
||**-**|**-**|**-**|**-**|**-**|
|**A2 Asset and investment sales,**||||||||||
|---|---|---|---|---|---|---|---|---|---|
|**(see table).**||||||||||
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**_Total receipts_ **|**-**||**-**||**-**||**-**||**-**|
|||||||||||
## **A3 Payments**
|**A3 Payments**||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||**-**||**-**||**-**||**-**|
||||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
CCXX R1 accounts (SS)
09/07/2025
1
||**-**||**-**||**-**||**-**||**-**|
|---|---|---|---|---|---|---|---|---|---|
|**_Sub total_ **|**-**||**-**||**-**||**-**||**-**|
|**A4 Asset and investment**||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**purchases, (see table)**||||||||||||||
||**-**||**-**|||**-**||**-**|||**-**|||
||**-**||**-**|||**-**||**-**|||**-**|||
|**_Sub total_ **|**-**||**-**|||**-**||**-**|||**-**|||
|||||||||||||||
|**_Total payments_**|**-**||**-**|||**-**||**-**||||**-**||
|||||||||||||||
|**_Net of receipts/(payments)_**|**-**||**-**|||**-**|||**-**|||**-**||
|**A5 Transfers between funds**|**-**||**-**||**-**|||**-**||||**-**||
|**A6 Cash funds last year end**|**2,886**||**-**||**-**|||**2,886**||||**-**||
|**_Cash funds this year end_**|**2,886**||**-**|||**-**||**2,886**||||**-**||
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B2 Other monetary assets**
**B1 Cash funds**|Coop community direct bank account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**to nearest £**
**2,886**
**-**
**2,886**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|---|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||OK|
|||||**Endowment**
**funds**
**to nearest £**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
CCXX R2 accounts (SS)
09/07/2025
2
|**-**||**-**||**-**|
|---|---|---|---|---|
|**-**||**-**||**-**|
|**-**||**-**||**-**|
## **B3 Investment assets**
**B4 Assets retained for the charity’s own use**
## **B5 Liabilities**
## **Details**
## **Details**
## **Details**
|**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**|**Current value**
**(optional)**|
|---|---|---|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
|**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Current value**
**(optional)**|
|---|---|---|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
**Fund to which Amount due When due liability relates (optional) (optional) - - - -**
CCXX R3 accounts (SS)
09/07/2025
3
Signed by one or two trustees on behalf of all the trustees
|||||**-**|||
|---|---|---|---|---|---|---|
||Signature||Print|Name||Date of
approval|
||||JAMES|PENNEY||18.6.25|
||||STEPHEN SPENCER||||
|||||||18.6.25|
||||||||
CCXX R4 accounts (SS)
09/07/2025
4