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2023-04-05-accounts

Trustees’ Annual Report for the period

From: 06/04/2022 To: 05/04/2023

Charity name: TABAXH

Charity registration number: 1193604

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, to advance the
education of women who are nationals, or
residents, of The Gambia by awarding
grants and funding to study a construction
related course at the University the Gambia
(UTG) or University of Applied Science
Engineering and Technology ((USET)
formerly Gambia Technical Training
Institute) or a similar educational institution
in The Gambia.
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
- Fundraising carried out by Tabaxh chair
and trustee Sainabou Jack in June 2022
who raised money by participating in a 5k
run in Manchester, UK.
- Approx. £2828 was raised from the 5k run
which enabled Tabaxh to sponsor three
women to study construction-related
courses in The Gambia.
- The fees paid for the scholars for
academic year 2022/2023 was 72,792.50
Dalasis (approx. £1098)
- The remaining funds will be used to pay
the scholars’ fees for the duration of their
courses
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The Tabaxh trusteesare aware of the
guidance on public benefit and have taken it
into account when making a decision to
which the guidance is relevant

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

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment 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 - Fundraising carried out by Tabaxh chair
and trustee Sainabou Jack in June 2022
who raised money by participating in a 5k
run in Manchester
- Given that Tabaxh raised more money
than expected, as an exception for this
academic year 2022/2023, Tabaxh was
able to sponsor three women.
- The three women were selected from
numerous applications and granted
scholarships to study construction-related
courses in The Gambia. The selection
process involved the Tabaxh trustees
reviewing applications submitted via the
Tabaxh website, interviewing shortlisted
candidates via video call, and selecting
three women to receive the scholarships.
- Two of the Tabaxh scholars are currently
studying BSc in Planning and Design at
UTG and one is studying Certificate in
Trowel Vocation at the University of
Applied Science, Engineering and
technology (USET)

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

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 For this tax reporting period, Tabaxh has
received £3001 from donations. A total of
£1098 has been paid towards tuition fees for
academic year 2022/2023.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 £1903 remained in the Tabaxh bank account
at the end of the tax reporting year. This
amount will go towards the tuition fees of the
scholars for the duration of their courses
Amount of reserves held Para 1.22 £1903
Reasons for holding zero
reserves
Para 1.22 Not applicable
Details of fund materially in
deficit
Para 1.24 Not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Not applicable

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
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Foundation model constitution
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 New charity trustees can be appointed
based on their ability and commitment to
contribute to the charity. The existing
trustees have the joint ability to appoint new
trustees

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
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name TABAXH
Other name the charity uses -
Registered charity number 1193604
Charity’s principal address Flat 20,
384 Chester Road,
Manchester,
M16 9YD

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Sainabou Jack - Sainabou Jack, Haddy Jack,
Papa Momodou Jack,
Maimuna Jack
Haddy Jack - Sainabou Jack, Haddy Jack,
Papa Momodou Jack,
Maimuna Jack
Papa Momodou Jack - Sainabou Jack, Haddy Jack,
Papa Momodou Jack,
Maimuna Jack
Maimuna Jack - Sainabou Jack, Haddy Jack,
Papa Momodou Jack,
Maimuna Jack
Abdoulie Jack - 29/06/2022 to
06/01/2023
Sainabou Jack, Haddy Jack,
Papa Momodou Jack,
Maimuna Jack

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

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

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) Sainabou Jack Position (eg Secretary, Chair Chair, etc) Date 29 January 2024

Outline summary of fund movements

Date Fund name Income Expenditure
£ £
09/03/2023 F/FLOW FACEBOOK PA £1.95
01/02/2023 SAINABOU JACK(TUITION FEESPAYMENTexchangerate adjustment) £28.00
27/01/2023 DONATION £150.00
03/01/2023 SAINABOU JACK(TUITION FEESPAYMENT) £130.00
23/12/2022 MAIMUNAJACK(TUITION FEESPAYMENT) £940.00
12/12/2022 JACKSDONATION £7.00
24/11/2022 JACKSDONATION £7.00
20/10/2022 JACKSDONATION £7.00
03/08/2022 JACKS GOFUND ME5K RUN £96.85
18/07/2022 DONATION £2,000.00
07/07/2022 JACKS GOFUND ME5K RUN £47.80
29/06/2022 JACKS GOFUND ME5K RUN £57.01
27/06/2022 JACKS GOFUND ME5K RUN £20.00
15/06/2022 JACKS GOFUND ME5K RUN £9.46
14/06/2022 JACKS GOFUND ME5K RUN £328.38
26/05/2022 JACKS GOFUND ME5K RUN £38.77
16/05/2022 JACKS GOFUND ME5K RUN £230.26
Total funds £3,001.48 £1,098.00

Analysis of grants

Analysis ofgrants
Analysis Grants to
individuals
Dalasis* £
Tuition fees for academic year 2022/2023 for
student to study BSc in Planning and Design at
Universityof the Gambia

22000.00
328.36
Tuition fees for academic year 2022/2023 for
student to study BSc in Planning and Design at
Universityof the Gambia

31888.00
475.94
Tuition fees for academic year 2022/2023 for
student to study Certificate in Trowel Vocation
at USET
9016.50 134.57
Remainder of tuition fees for academic year
2022/2023 for student to study BSc in Planning
and Design at University of the Gambia

9888.00
158.21
Total 72792.50 1097.08

Exchange rates from Dalasis to Pound Sterling fluctate constantly hence the difference in exchange rates shown above at the time of payment