International Tanaba CIO
ANNUAL REPORT
& FINANCIAL STATEMENTS FOR THE YEARENDED 30 SEPTEMBER 2021
(CHARITY No. 1191978)
0
INTERNATIONAL TANABA CIO
FOR THE YEAR ENDED 30 SEPTEMBER 2021
| INDEX | |
|---|---|
| Page | |
| ADMINISTRATIVE INFORMATION | 2 |
| REPORT OF THE TRUSTEES | 3 |
| INDEPENDENT EXAMINER’S REPORT | 7 |
| STATEMENT OF FINANCIAL ACTIVITIES | 8 |
| BALANCE SHEET | 9 |
| NOTES TO THE ACCOUNTS | 10 – 11 |
1
INTERNATIONAL TANABA CIO ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1177632 ADDRESS 197 Whitecross ABINGDON OX13 6BW ACCOUNTANTS Grant Accountants Limited 7 Glenrosa Road Reading RG30 6AN
TRUSTEES SERVING DURING THE YEAR AND SINCE THE YEAR END
Dr Mrs Halimatou Bourdanne(Chairman) Mr Tamibe Bourdanne Mr Iahlii O Bourdanne Mrs Juliette Doddo Siddo (appointed 30 November 2021) Mr Amos O. Dodje (appointed 30 November 2021) Miss Salamatou Bourdanne (appointed 30 November 2021)
BANKERS Cash Plus Bank P O Box 5525 Manchester M61 0QS WEBSITE ADDRESS https://www.itanaba.org
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INTERNATIONAL TANABA CIO ANNUAL REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 SEPTEMBER 2021
The Trustees present their report and financial statements of the Charity for the period ended 30 September 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity’s constitution, 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 published on 16 July 2014.
THE BIRTH OF INTERNATIONAL TANABA
International Tanaba (or iTanaba, for short) is a recently registered UK charity that works mainly in SubSahara Africa focussing on poverty relief and prevention, promotion of religious and racial harmony and the conservation, protection and improvement of the physical and natural environment. We work mainly in partnership with local NGOs and our activities include grant funding, education and training programmes.
INTERNATIONAL TANABA is the brainchild of the Bourdanne family and springs from a life-long commitment to respond to some of the developmental issues in sub-Sahara Africa. On 26 October 2020, INTERNATIONAL TANABA received formal UK charity status as a Charitable Incorporated Organisation with registration number 1191978.
OBJECTS AND ACTIVITIES FOR THE PUBLIC BENEFIT
Focusing its work largely in Sub-Sahara Africa, the objects for which International TANABA (iTANABA) is established are –
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a) The prevention or relief of poverty by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
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b) For the public benefit, the promotion of religious and racial harmony for the public benefit by promoting knowledge and mutual understanding between different racial and religious groups.
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c) To promote for the benefit of the public the conservation protection and improvement of the physical and natural environment through education of the public on the importance of conservation, promoting better farming methods and tree planting
Nothing in its constitution shall authorize an application of the property of iTanaba for purposes which are not charitable.
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INTERNATIONAL TANABA CIO ANNUAL REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 SEPTEMBER 2021
The Trustees confirm that they have complied with their duty under Section 17(5) of the Charities Act 2011 to refer to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and planning future activities.
REVIEW OF ACHIEVEMENTS AND PERFORMANCE
In one sense, Covid-19 highlighted the sharp inequalities in the global south and especially in Sub-Sahara Africa – confirming the fears of the founders of iTanaba. And yet, with the resulting lockdowns and travel restrictions, iTanaba’s ability to fundraise, promote its work and make a material difference was greatly restricted in its first year.
With the lifting of Covid restrictions though, the trustees will be doubling their efforts in fundraising, promotion and an awareness campaign as well as seeking partners and supporters from the global north as well as from the African diaspora in the UK, Europe and North America.
FINANCIAL REVIEW
Still in its first year and without much fundraising, iTanaba received £1,450 in general giving and only expended £141 leaving a surplus of £1,309 to carry forward to 2022.
RESERVES POLICY
The Trustees have a policy to hold reserves of £1,000 in unrestricted funds, which they consider to be reasonable given the nature and current scale of the Charity’s activities as well as the commitment of the founding trustees.
INVESTMENT POLICY
The Charity will not normally hold funds for a significant time period, as amounts raised for specific projects will usually be expended in partnership grants in the same year.
RISK MANAGEMENT
The Trustees have considered risk in respect of the day-to-day management of its financial and other affairs and consider them to be minimal. The Charity’s accounts and records are independently examined annually.
FINANCIAL POSITION
Funds under management at the end of this financial year £1,309.
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INTERNATIONAL TANABA CIO ANNUAL REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 SEPTEMBER 2021
PLANS FOR FUTURE
Since the year end, the charity has identified three partner organisations in Niger, Chad and Ghana working in education and the hope of the trustees is that these partnership relationships can be formalised
in the new year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity was constituted by a constitution on 21 February 2020. It is registered as a Charitable Incorporated Organisation (CIO) with the Charity Commission.
TRUSTEES
The number of Trustees permitted by the Charity is not restricted but shall be not less than three. If the number falls below the minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or to appoint a new charity trustee. A Trustee is appointed for a term of three years but may be available for re-appointment.
When there is a requirement for a new Trustee, the individual is identified and appointed by the remaining Trustees. They make available to the new Trustee a copy of the current version of the Constitution and a copy of the Charity’s latest Trustees’ Annual Report and statement of accounts.
The Chairman and Treasurer have administrative oversight of the Charity. The full board of Trustees have met formally three times during the period.
TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
The charity trustees are responsible for preparing the annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to
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INTERNATIONAL TANABA CIO ANNUAL REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 September 2021
prepare financial statements for each year, which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:
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a) select suitable accounting policies and then apply them consistently.
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b) observe the methods and principles in the applicable Charities SORP.
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c) make judgements and estimates that are reasonable and prudent.
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d) state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
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e) prepare the financial statements on the going concern basis unless it is inappropriate to presume the charity will continue in operation
The trustees are responsible for keeping accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 (Accounts and Reports) Regulations, and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and taking responsible steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the integrity of the charity and financial information included on the INTERNATIONAL TANABA website.
Approved by the Trustees on 3 November 2022 and signed on their behalf by
Halimatou Bourdanne (Nov 23, 2022 23:04 GMT)
Dr Mrs Halimatou Bourdanne Chairperson
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INTERNATIONAL TANABA CIO REPORT OF THE INDEPENDENT EXAMINER
I report on the accounts of INTERNATIONAL TANABA CIO for the year ended 30 September 2021, which are set out on pages 8 to 11.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this period under section 144 of the Act and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under section 145 of the Charities Act);
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to follow the applicable Directions given by the Charity Commissioners (under section 145 (5) (b) of the Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no material matters have come to my attention which gives me reasonable cause to believe that in any material respect:
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accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts do not accord with the accounting records.
I have no concern and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Grant Accountants Limited Certified Chartered Accountants Address: 7 Glenrosa Road Reading RG30 6AN
Date: 3 November 2022
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INTERNATIONAL TANABA CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 30 SEPTEMBER 2021
| Notes | Total | |
|---|---|---|
| Funds | ||
| Unrestricted | ||
| 2021 | ||
| £ | ||
| Income | ||
| Donations | 1,450 | |
| Subscriptions | - | |
| 1,450 | ||
| Expenditure | ||
| Charitable activities | ||
| Treatment programme in Ghana | - | |
| Overheads | ||
| Promotional costs | - | |
| Other costs | 2 | 141 |
| 141 | ||
| Net incoming resources for the year | 1,309 | |
| Fund balances brought forward | - | |
| Fund balances carried forward | 1,309 |
8
INTERNATIONAL TANABA CIO BALANCE SHEET AS AT 30 SEPTEMBER 2021
| INTERNATIONAL TANABA CIO BALANCE SHEET AS AT 30 SEPTEMBER 2021 |
|
|---|---|
| Notes CURRENT ASSETS Cash at bank Amount due within one year NET ASSETS 5 FUNDS Unrestricted funds Restricted funds |
2021 £ 1309 |
| 1309 - |
|
| 1309 | |
| 1309 - |
|
| 1309 |
(The notes form part of this account)
The accounts were approved by the Trustees 3 November 2022 and signed on their behalf by: -
Halimatou Bourdanne (Nov 23, 2022 23:04 GMT)
Dr Halimatou Bourdanne Board Chair
9
INTERNATIONAL TANABA CIO NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 30 SEPTEMBER 2021
1. Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation, uncertainty in the preparation of the financial statements are as follows:
- a) Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102, Section 1A Small Entities – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
- b) Preparation of the accounts on a going concern basis
The Trustees are of the view that whilst the level of voluntary giving remains uncertain, the trustees are committed to the vision and would do whatever it takes to ensure the work of the charity continues including provision of funding from personal sources. On this basis, the assessment of the trustees is that the Charity is a going concern.
c) Income recognition policies
Items of income are recognized and included in the accounts when all of the following criteria are met:
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The Charity has entitlement to the funds;
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Any performance conditions attached to the item(s) of income have been met or are fully within the control of the Charity;
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There is reasonable certainty that receipt of the income is considered probable and
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The amount can be measured reliably.
d) Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Restricted funds are donations which the donors have stated to be used solely for specific areas of the Charity’s work or projects being undertaken by the Charity.
e) Expenditure
Expenditure is recognized once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
10
INTERNATIONAL TANABA CIO NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 30 SEPTEMBER 2021
- Resources expended
| Resources expended | |
|---|---|
| Charitable activities Advocacy and publicity Adminstrative costs |
2021 £ - - 141 |
| 141 |
- Staff costs and numbers
There were no employees in the period.
- Trustees’ remuneration and related party transactions
No trustee received remuneration in their capacity as trustee.
- Analysis of net assets between funds
| Cash at bank | Unrestricted Restricted Total Funds Funds Funds £ £ £ 1309 - 1309 |
|---|---|
| 1309 - 1309 |
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2021 TrusteesReport and accounts - iT
Final Audit Report
2022-11-25
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