THAREMACHILTDeducationsaveslives-it’ssimple

ReportandFinancialStatements31stMarch2018

CharityNo.1080131CompanyNumber03921677

POBox4040

LeamingtonSpaCV325YJ

tme.org.uk

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1.0 REVIEWOFTHEYEAR 31.1 OBJECTIVESANDACTIVITIES 31.2 ACTIVITIESANDACHIEVEMENTS 41.3 MEASURINGIMPACT 71.4 RAISINGPROFILEANDFUNDS 81.5 STAFFINGANDCOMPLIANCE 9

2.0 CORPORATEGOVERNANCEREPORT 102.1 STRUCTURE,GOVERNANCEANDMANAGEMENT 102.2 RISKMANAGEMENT 102.3 FINANCIALRESERVESPOLICY 112.4 FRAUD 11

3.0 DIRECTORS’REPORT 123.1 LEGALANDADMINISTRATIVEINFORMATION 123.2 PATRONS 133.3 PRINCIPALACTIVITES 133.5 RESULTS 14

4.0 FINANCIALSTATEMENT 15

5.0 INDEPENDENTEXAMINER’SREPORT 23

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1.0 REVIEWOFTHEYEAR1.1 OBJECTIVESANDACTIVITIES

“Empoweringvulnerablecommunitiesworldwidewithsimplelessonsforsaferliving”

TME’sMemorandumofAssociationprovidesforthreeoverallareasforcharitableobjectives:1. Educationofvulnerablechildrentopreventprostitutionandfulfillpotential2. EnablingpeopletoavoidinfectionwithHIV3. RelievingdisabilitythrougheducationWeseektomeettheseobjectivesthroughtheseprimaryactivities:1. Producinginteractive,audio-visuallessonsthatgivethekeyfactsaboutthreatstohealthand

lifeinaneasytounderstand,accessiblemanner.2. Translatingthelessonsintothelocallanguagesofvulnerableanddisadvantagedcommunities,

andrecordingthesoundtracksinordertocreatenewlessonswhichwillbeonDVDandonline.3. MarketinganddistributionofDVDandonlinelessons–whereverpossiblethroughpartnerships

Wehavecreated33lessontitles,addressingdifferenthealthlifethreats,allofwhichcontributetothesustainabledevelopmentgoals(SDGs).Eachlessonisrecordedinlocallanguagessothatallcommunitiescanaccesstheinformation,whatevertheirlevelofeducation.ThesearethenmadeavailableonDVDforusebyanyone,fromgrassrootsorganisationstogovernmentministries.Inadditiontheyarealsoavailableinalightweightformatforstreamingfromourwebsite.HIV/AIDS:CaringForSomeoneWithAIDSHavinganHIVTestLivingWithHIVHIV/AIDSHIV/AIDS:AGuideForChildrenHowtoTakeYourHIVMedicineHEALTH:AvoidingEbolaAvoidingMalariaBednetsCanSaveLivesCholeraDiarrhoeaHighBloodPressureImmunisation

HEALTHYLIVING:BasicHygieneHealthyEatingLookingAfterYourTeethSafeWaterADDICTION:DangersofAlcoholDangersofSmokingSayNotoGlueandDrugsSEXEDUCATION:BecomingaManBecomingaWomanSaferSexForTeenagers

SAFELIVING:HumanTraffickingTakingCareandKeepingSafeMOTHERANDBABY:BreastfeedingTBASkills-PregnancyWhentoHaveaBabyYouandYourNewBabyHEALTHYENVIRONMENT:MakingCompostPlantingTreesisGoodBewareofLandmines

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1.2 ACTIVITIESANDACHIEVEMENTSLESSONPRODUCTIONOverviewDuringtheyear,40newlanguageversionsofexistinglessonswerecompleted,givingatotalof910uniquelessons.Manymorelessonswereinthefinalstageofproduction,andover170translatedscriptswerewaitingtoberecorded.Mostofthesehavebeenmadeavailableonline,aswellasonDVD.Inaddition,werespondedtorequestsformore“non-interactive”versionsonourlessons;thesecanbeplayedonascreeninawaitingroomorsimilarsettingbecausetheydonotrequireinteractionfromusersforthelessontoproceed.Conversiontoanon-interactiveversionisaquickandsimpleprocess.Wedonotwidelyadvertisetheseversions;ourstrongpreferenceisfortheinteractiveversionstobeusedwhereverpossible,becausethelearningisreinforcedthroughoutthelessonandthereforewillhaveagreaterimpact,butwewillofferthemwhereappropriate.TME’s“productrange”thereforeconsistsof:

• 910interactivelessonsonDVD,• 840interactive“lighter”onlinelessons,• 630non-interactivelessonsonDVD

givingatotalofnearly2400uniqueproductstooffertopartners.

NewlessondevelopmentInthelastreportingperiodweannouncedthedevelopmentofanewlesson:“TakingCareandKeepingSafe”.ThescriptforthislessonwasdevelopedbyaretiredsocialworkerandbasedonmaterialdevelopedandtestedinschoolshereintheUK.ThisisthefirstlessonproducedinitiallyinanewformatthatreliesonbrowserratherthanDVDtechnology,soitcanbedeliveredonadisc,aflashdrive/SDcardorviadirectdownload/email.Thelessonhasbeentranslatedtoacoupleofnewlanguagesalreadyandwecontinuetotesthowthisdeliverymodelworks,asitmayhelpus“future-proof”againstthedeclineofDVDtechnology.Weareinvolvedinconversationswithanumberofpartnersregardingthedevelopmentofothernewlessonsonacommissionbasis.Ideallywewillusethecreationofnewlessonsasanopportunitytocollaborateandtosourcefunding,butforthetime-beingwewilllimitthistolessonsthatfitwithinoneofourexistingthematicareas(health,safeliving,healthyenvironmentetc)orareotherwisealignedwiththeSustainableDevelopmentGoals(SDGs)NewlanguagesandrecordingsDuringtheperiodwecontinuedtoworkonthecreationoflessonsforSierraLeoneandLesotho,fundedbytheIsleofManInternationalDevelopmentCommittee.Localchallengeshaveagainimpededthiswork,forexampledelaysduetoelectionsandpoorlocalinfrastructure.WehavealsobegunworktotranslateourlessonsintoPashtoandDariinordertomakethemavailableinAfghanistanforthefirsttime,astheresultofaspecificfundraisingproject.ThisworkwasundertakenattherequestofalocalpartnerinKabul,whoisfullyengagedwiththework,deliveringtranslationsandveryenthusiasticaboutthepotentialtodistributelessonsin-country.IMAGE:partnersinKabulplantranslationanddistributionoflessons.

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WhereverpossibleweworkwithvolunteerswhoareproficientinEnglishaswellastheirmother-tonguetotranslateandrecordscripts.WehavecontinuedtomakeuseoflinkswithtwolocalUniversities(WarwickandCoventry)wheretherearecohortsofoverseasstudents,manyofwhomarewillingtogiveafewhoursoftheirtimetohelp.Inadditionwehaveactivelybeenexploringothermethodsofsourcingrecordings,usingdevelopmentsintechnologyandconnectivitytoenablevolunteerstorecordwherevertheyare.Thiscancauseadditionalchallengesintheproductionprocessthough,wheretherequirementsfortheworkhavenotbeenfullyunderstoodbythevolunteer,buttheseareallusefullearningopportunities.IMAGE:recruitingvolunteersatCoventryUniversityStudentUnionVolunteerFair.

ProductionwithinAfricaAspreviouslyreported,TMEnowhasasmallbuteffectiveproductionunitinNairobi,Kenya.Severalnewlessonshavenowbeencreatedin-countryandwewillcontinuetosupportthisteamandworkwiththemtoexpandifpossible.Theyarealsofacilitatinglocalrecordingsinadditiontotheworktheyarealreadyundertaking.LESSONDISTRIBUTIONOverviewTheprimarymethodoflessondeliveryisstilltheDVDversion.PotentialpartnersareencouragedtorequesttheDVDsthattheyneedfromourwebsite,andtomakeacontributiontocoverproductioncosts,iftheyareable.Itremainsafundamentalprinciplethatourlife-savingmaterialsshouldbefreetoallwhoneedthem,butwerecognisethatitisnotsustainabletosendthemalloutatourowncost,sowewillcontinuetoexploresocialenterprisemodelstoseehowwecanmoreeffectivelyfundandsubsidisethiswork.Thepartnersthatweworkwithareaddressingawidespectrumofneedsacrossahugegeographicalarea.Theusualmodelisthatthelessonsareusedinthecontextofanexistingproject,whichwillbeaddressingoneormoreoftheSDGs*,butsometimespartnersaredesigningprojectsspecificallytoincorporateourlessonsbecausetheyseethevalueandimpactthattheselessonsaddtothelocalcommunity.*SustainableDevelopmentGoalsaddressedbyTME’slessonsinclude:NoPovertyZerohungerGoodhealth&well-beingGenderEqualityCleanWater&SanitationAffordable&CleanEnergyReducedinequalities

ResponsibleConsumption&ProductionClimateActionLifeonLandPeace,Justice&StrongInstitutionsPartnershipsforthegoals

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UseofsocialmediaandtechnologyMostDVDrequestscomeviaourwebsite.DuringtheperiodwewereagainabletomakeuseofaGoogleAdwordsgrantwhichenabledustomakeourresourcesmoreeasilysearchable,andwecontinuetoseeknewwaystopromotethewebsiteitself.Inthereportingperiod,wereceivedover3.56millionimpressions,fromadsworthover$87K.Thechallengeisinfindingtherightkeywordstogenerateappropriatesitevisitors,andtoconvertthesetoclicksandDVDrequests,andtothisendwearecontinuingtodevelopandimproveourwebsiteandAdwords,whereverpossibleworkingwithskilledvolunteersinordertokeepthecostofthisaslowaspossible.Wealsocontinuetousesocialmedia,primarilyTwitterandFacebook,toseekoutandengagewithnewpotentialnetworksandpartners.Thenumberoffollowersontheseplatformscontinuestogrowsteadilywithoutbecomingunmanageable.WealsorunacoupleofgroupsonFacebookfortranslatorsandforpartners,asawayforourmanypartnerstofeeltheyarepartofawidernetwork,andtoenablethemtosharelearningandideaswitheachother.Ourwebsiteisalsoadeliveryplatformforouronlinelessons.Inthereportingperiodtherehasbeenaconcertedefforttoincreasetheproportionofthelessonsavailableonline,andbytheendoftheperiodover840lessonswereavailabletoviewonline.Thisrepresentsmorethan90%ofourentireportfolioandputsusinamuchbetterpositiontoactivelypromotetheselessonsandusethemasatoolinthemselves,thoughitmustbenotedthesearedesignedtobeviewedincountrieswithlowbandwidth/poorconnectivityandthustheyhavelow-resolutionimagesandgraphics,butallthefunctionalityoftheDVD.DVDdistributionTherewasanotablefallinthenumberofDVDssentoutduringthereportingperiod,comparedtopreviousyears,with6859DVDsbeingdistributed(comparedtoover30,000in16-17).Itshouldhoweverbenotedthat16-17wasanunusuallybusyyearofdistribution,andthatmanyofthelessonssentbyustopartnersinthatperiodwillhavebeenusedrepeatedlyduring17-18.Thisishoweverareminderthatwemustcontinuetoengagewithotherpartnersratherthanthoseincountriesforwhichwehavefunding,andunderlinesthat17-18hadmanychallengesanddistractions.IMAGE:OneWorldLinkpartnersshowlessonsatahospitalinBo,SierraLeoneCountrieswhereourlessonswereusedin2017-18include:AlbaniaBelarusBrazilBurundiCambodiaDRCEthiopiaFrance

GhanaIndiaIranJordanKenyaLesothoLiberiaNepal

NigeriaPakistanPhilippinesRomaniaRwandaSierraLeoneSouthAfricaSriLanka

TanzaniaTogoTrinidad&TobagoUgandaUKUSAZimbabwe

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OngoingfundedprojectsDuringthisperiodwecontinuedtoworkinparticulargeographicalareaswiththesupportofourfunder,IslefoManInternationalDevelopmentCommittee.ThishasresultedinverylargenumbersofpeopleviewingourDVDsinRwandaandBurundiinparticular,thankstothehardworkanddedicationoflocalpartners.SincethestartoftheprojectinRwanda,morethanonemillionpeople(1,237,457,roughly10%oftheenitrepopulation)haveseenoneofTME’sDVDsinKinyarwanda1.3 MEASURINGIMPACTWearealwayslookingtogatherdataontheuseofourlessons,whetheritisqualitativeorquantitative,andtodeliverimpactinahighlycost-effectivemanner.OurestimateisthateachDVDwesendoutcostsjust£3.50(inclusiveofalldevelopment,translation,production,marketing,anddistributioncosts)andthateachDVDwillbeviewedbybetween180and200individualsinitslifetime,onaverage.BecauseofthelownumbersoflessonsdistributedonDVDthisyearthecostperviewinginthisperiodwillbehigherthannormalbutthisismitigatedbythenumbersofDVDssentoutinpreviousyearsthatweknowarestillbeingusedacrossawiderangeofsettings.Thesenumbers,though,onlytellhalfthestory.Theword-of-mouthevidenceandnumericaldatathatwecontinuetoreceivefrompartnerstellsofentirecommunitiestransformedbytheknowledgetheyhavereceivedfromthelessons.Weknowthatourproductishighlyscalable,andthatmanygrassrootspartnersareabletoworkmoreeffectivelytowardstheirownprogrammegoals,includingtheSDGsbecauseofourlessons.Gatheringfeedbackanddataisakeypartofourstrategy,asthequestionnairesandnumberswereceiveproveagainthatthelessonsarelife-changing,aswellasprovidingfurtherevidencetosupportfuturefundingapplications.IMAGE:directfeedback,deliveredtoourFacebookpage,byourlocalpartnerinDemocraticRepublicofCongo.

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1.4 RAISINGPROFILEANDFUNDSFundraisingoverviewWecontinuetoapplytorelevantgrantawardingtrustsastimeandopportunityallow,toothergrant-makingbodiessuchastheIsleofManInternationalDevelopmentCommittee,andtoraisefundsfromindividuals,groupssuchaschurchesandrotaryclubs,andbusinesses.Anadditionalteammemberhasbeenemployedwithfundraisingasoneoftheirkeyroles,thishasalreadyresultedingrantsfromMichaelCornishCharitableTrustandSMBCharitableTrust.WeparticipatedforthefirsttimeintheBigGiveChristmasChallenge,amatchedfundingscheme,whichallowedustoraisemoneytomakeourlessonsavailableforAfghanistan.Theresultswereencouraging,withanumberoffirst-timedonorsandsignificantdonationsfromotherlongtermsupporters.IMAGE:weproducedanumberofgraphicsforuseonlinetopromoteourBigGiveAppeal.AneventattheHouseofLords,followingonfromasimilarreceptionfouryearsago,waswellattendedwithsomeveryencouragingresponses,includinggenerousdonationsfromFenergoandfromGreenEarthrecycling.SocialEnterpriseModelAlthoughitremainsapointofprincipalthatthelessonsshouldbefreeatthepointofdelivery,wearecontinuingtoinvestigatehowwecanmakeourbusinessmodelmoresustainable.Ouraimisthatthecostofeverylessonwesendoutiscovered,eitherbythepartner,agrant,byasponsororanothersubsidy.Thisrequiresashiftinthinkingandwillrelyonusbeingabletodemonstratethevalueandimpactoftheproductsavailable,whichwebelievefaroutweighsthecost.SocialmediaWecontinuetomakeuseofsocialmediachannels(Facebook,TwitterandInstagram)topromoteourprojects,raiseawarenessofourwork,directpeopletoourwebsiteandtosharenewsandlearning.Facebookgroupshavebeencreatedforlocalpartnersandfortranslatorswheretheycanfeelpartofawidernetwork,sharelearning,ideasandexperience,anditisexcitingtoseehowpartnersengagewithusandeachotherthroughthese.

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1.5 STAFFINGandCOMPLIANCEInthelastperiodwereportedonplanstoincreasethenumberofstaffinordertoworktowardsfuturegrowth.Thisplanhasnowbeenimplemented,withtwoadditionalsalariedteammembersjoiningTMEsothatthenumberofpaidhoursworkedperweekhasincreasedforthefirsttimeinseveralyearsandenablingastrongerfocusonfundraisinganddevelopment,withtheaimofengagingwithmorepartners,acrossthespectrumandmakingourworkmoresustainable.Wecontinuetoworkwithanumberofdedicatedandcommittedregularvolunteerswhocarryoutsomeoftheproductionroleswithintheorganization,andprovidevaluablesupportinfinance.Theseareinadditiontothemoreoccasional,butequallyvaluedvolunteerswhoworkontranslationsandrecordings.Wecontinuetoreviewourpoliciesandproceduresandseektoprovideallourvolunteers,regularandoccasional,andourstaffwiththebestsupportwecanoffer.SafeguardingSafeguardingisahighpriorityforus,asitsitsalongsideourcoreobjectiveofenablingallpeopletoliveahealthierandsaferlife.Whilewehavepoliciesinplacetocoverourownoffice,ensuringthatallourbeneficiariesandpartnersareprotectedisaverydifferentproposition.WeseektoinvolveourpartnersinSafeguarding,andareworkingtodeveloppoliciesthatwillhelpthemtoreporttous,andlocallywhereappropriateif,forexample,anydisclosuresaremadeduringameetingwhereTME’sDVDsarebeingviewed.Therewerenosafeguardingconcernsraisedintheperiodcoveredbythisreport.GDPRTMEhasbeenworkingtowardstheimplementationoftheGeneralDataProtectionRegulationinMay2018,andseekingtoensurethatpoliciesandproceduresareuptodate.

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2.0 CORPORATEGOVERNANCEREPORT2.1 STRUCTURE,GOVERNANCEANDMANAGEMENTThecharityisgovernedbythedirectorswhomeetfourtimeseachyear,includingastrategicplanningaway-dayearlyinthecalendaryearandAnnualGeneralMeeting,generallyheldinJune.Thetrustdeedallowsforupto10directorstobeappointed.Directorsserveuntiltheyresignorcomeupforre-election.NewdirectorsarenominatedbyexistingmembersoftheBoardandareappointedwheretheyhavethenecessaryskillstocontributetothecharity’smanagementanddevelopment.Newdirectorsareprovidedwithinformationthattheyneedtofulfilltheirroles,includinginformationabouttheroleofdirectorsandcharitylaw.Oftheexistingdirectors,threehavebeendirectorssincetheinceptionofthecharityintheyear2000.InSeptember2017AndrewCroftresignedfromhisroleasdirectorofTME.Thedirectorsareresponsibleforappointingstaff,anddelegatedaytodaymanagementresponsibilitytotheexecutivedirector.Attheendof2017/18therewerefourpaidstaff,theexecutivedirector,working35hoursaweek,afulltimedeputydirectorwhoisbasedinLondon,anofficemanagerandtheproductionco-ordinator,bothworking20hoursaweek.Thecompanyalsohasanaccountsadministratorworking1dayeachweek(voluntary)andaself-employedcompanysecretary.Thecharitybenefitsfromtheassistanceofunpaidassociateswhoarealsoappointedbythedirectorsbutaremanagedbythestaff.ThecharityhasitsmainofficeinLeamingtonSpainWarwickshire,withsupportingactivitiesbeingcarriedoutattheChairman’shouseinSussexandatthehomeofoneofourTrusteesinFrance.NoremunerationispaidfortheuseoftheChairman’sortrustee’sfacilities.The“Associates”compriseself-fundedpeoplewhoassisteitherwithafunctionintheorganisationoraparticulartaskinordertohelpusfulfillourobjectives.Associatesareappointedbythedirectorsonthebasisofanapplicationformandtherecommendationoftheexecutivedirector.TheexecutivedirectorisresponsibleforallocatingdutiestoandsupervisingtheactivitiesoftheAssociates.ThecorebusinessofthecharityisinproducinginteractivemultilingualaudiovisuallessonsonDVDanddigitaldownloadforthebenefitofpeopleinthedevelopingworld.Inadditionthecharityformslinkswithotherorganisationsandindividualsoverseastodistributeandimplementontheground.Thecharityhasnooverseasstaffmembersbutsimplylinkstoexistingcommunitygroupsandnetworksinthecountriesconcerned.2.2 RISKMANAGEMENTThedirectors,inconjunctionwiththeexecutivedirector,havesoughttoidentifyandreviewthemajorrisks,strategic,financialandoperational,towhichTMEisexposed,giventheenvironmentinwhichitoperates.InthelastreportitwasmentionedthattheTMEboardwereconsideringaproposalforamergerwithanotherfoundationwhichshouldenabletheorganisationtobecomemorestableandsustainable,infinancialterms.Inthereportingperiod,furtherdiscussionshavetakenplace,bothBoardshaveagreedinprincipaltothemergerandthebusinesscaseisbeingpreparedandduediligenceundertaken"Thedirectorsalsoconsiderbranddilutionorprogrammefailuremajorreputationalrisks.

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2.3 FINANCIALRESERVESPOLICYReservesareneededtobridgethegapbetweenthespendingandreceivingofresources.TheBoardbelievesthattheleveloffreereservesshouldbeequaltosixmonthsofexpendituretohelpsmooththefluctuationsarisingfromthedependenceondonationsandvoluntaryincome,andhaveadoptedanethicalinvestmentpolicytobeimplemented.2.4 FRAUDNofraudwasdetectedduringtheyear.

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3.0 DIRECTORS’REPORTTheDirectorspresenttheirreportalongwiththefinancialstatementsofthecharityfortheyearended31stMarch2018.Thefinancialstatementshavebeenpreparedbasedontheaccountingpoliciessetoutinnoteoneofthefinancialstatementsandcomplywiththecharity’strustdeed.3.1 LEGALANDADMINISTRATIVEINFORMATIONCharitynameThareMachiLtdRegisteredCharityNumber1080131CompanyLimitedbyGuaranteeIncorporationNumber03921677

WorkingnamesThareMachiEducationTME(FormerlyTheStarfishInitiative)DirectorsHelenTaylorThompson(Chairman)SteveClarke(ActingTreasurer)JohnHackerSimonMableyForbesMadziyaColleenRobinsonOluOlasodeOfficersRachelButt ExecutiveDirectorTracyStanbury CompanySecretaryPrincipalofficeUnit14,AlthorpeStreet,LeamingtonSpa,Warwickshire,CV312AUAccountantsTLFirstAccountantsLtd,1CopersCopeRoad,Beckenham,Kent,BR31NBBankersBarclaysBank,1ChurchRoad,BurgessHill,Sussex,RH159BDSolicitorsPothecaryWithamWeld,70StGeorge’sSquare,London,SW1V3RD

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3.2 PATRONSLordBilimoriaCBEDLLindaBennettCherieBlairLordBoatengLLB(Hons)LadyBoatengDameDianaBrittanTheRtHonLordCareyLadyCareyTheRtHonBaronessChalkerCarolineChartresHalCruttendenLordDannettLordDholakiaOBEDLKulvindirGhirMicheleGuinnessMichaelHastingsGeorgeHarrisEsmeHowardK.K.JajodiaBishopJosephKoboMargueriteLittmanDuchessofNorfolkJosephineMunthaliLynRothmanJoanRwabyomereVinodB.TailorNinaWadia3.3 PRINCIPALACTIVITESThareMachiLtd(TME)producesinteractiveaudio-visuallessonsandpublishesthemonDVDandthroughdigitaldownloadfromthewebsite.Thelessonsaretargetedattheworld’smostvulnerableandintheirownlanguage.Atotalof33topicsareavailablealldesignedtoteachpeoplehowtolivesafer,longer,morefulfillinglives.Thetopiclistwasinitiallydrawnupbyaconsultationwithpotentialbeneficiarygroupsastothemostcriticalareaswherethereareextensiveknowledgegaps.

ThisillustrateshowtheprincipalactivitiesofThareMachiEducationproducebenefit.CreatingacompletelynewtopicinEnglishinvolveswritingscripts,selectingimagesandvideotoaccompanythescriptsandproducingalessonthatrunsforbetween20and30minutes.TMEhascreatedatemplatebasedproductionsystemthatallowsverycosteffectiveconversionofanEnglishlessonintoanotherlanguage,allowingallcommunitiestobenefitfromthelearning,whatevertheirlevelofliteracy.Thisallowsmultipleversionsofalessontobemadeinmanyotherlanguages.

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Duringtheperiodofthisreport,thelibraryoflessonsreached910,spreadingacrossmorethan60languages.Thelessonsarethenmadeavailabletoindividualsandorganisationsworkingatgrassrootslevelallovertheworld.Inaddition,averylargeproportionofthelessonsareavailableonourwebsiteandcanbeaccessedinstantlyfromanywhereintheworldwithareliableinternetconnection.ThisillustrateshowtheprincipalactivitiesofThareMachiEducationdeliverbenefittothepublic.3.4 PUBLICBENEFITIncarryingouttheirduties,theTrusteeshavegivendueregardtoguidancegivenbytheUnitedKingdomCharityCommissiononpublicbenefit.3.5 RESULTSActivitylevelshavebeenhighthisyear,withverygoodnumbersofDVDviewings,achievedatanencouragingprice-per-viewing,andthroughTMEIOMfundingthenextyearswillseethisworkcontinuingtogrow.Aproportionofstaffcostshasbeenallocatedtodirectcosts,reflectingthecostsofbook-keepingplus15%oftheDirector’scoststocovertimespentonadministration.ThefiguresgivelittleinsightintothehugeamountofsupportTMEreceivesfromitsbandofloyalAssociates.Fundsreceivedtotalled£60,157whilstfundsexpendedtotalled£100,922,anetlossof£40,765,buttheorganizationhadinhand£88,087carriedforwardfromthepreviousyear.£47,322wascarriedforwardforuseduring2018/19andbeyond.

Helen Taylor Thompson Stephen Clarke HelenTaylorThompson StephenClarke(actingtreasurer)12September2018

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4.0 FINANCIALSTATEMENT

NotesTME

UnrestrictedFunds2018

Restricted(BG)2018

Restricted(IOM)2018

Total2018

Unrestricted2017

Restricted2017

Total2017

£ £ £ £ £ £ £Incomingresourcesfromgeneratedfunds:

2

Incomingresources 35,050 0 25,107 60,157 35,790 69,650 105,440Totalincomingresources 35,050 0 25,107 60,157 35,790 69,650 105,440

Resourcesexpended 3

Costofgeneratingfunds 13,169 0 0 13,169 10,782 0 10,782

CharitableActivities 50,727 0 36,813 87,540 42,640 77,560 120,200

GovernanceCosts 213 0 0 213 151 0 151

Totalresourcesexpended 64,109 36,813 100,922 53,573 77,560 131,133

Netincoming/expenditurefortheyearbeforetransfer

-29,059 0 -11,706 -40,765 -17,783 -7,910 -25,693

Netmovementinfunds -16,958 0 -23,807 -40,765 -29,883 4,190 -25,693

Totalfundsbroughtforward 64,280 0 23,807 88,087 94,163 19,617 113,780

Totalfundscarriedforward 47,322 0 0 47,322 64,280 23,807 88,087

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BALANCESHEET Notes

TMEUnrestrictedFunds2018

RestrictedBG2018

RestrictedIOM2018

Total2018

Unrestricted2017

Restricted2017

Total2017

Tangibles FixedAssets 6 0 0 0 0 0 0 0

Currentassets Debtors&Prepayments 7 885 0 0 885 955 0 955

CashandBank 8 46,614 8,505 14,098 69,217 63,847 23,807 87,654

TotalCurrentAssets 47,499 8,505 14,098 70,102 64,802 23,807 88,609

CurrentLiabilities 9

DeferredIncome 0 8,505 14,098 22,603 0 0 0

HMRC 0 0 0 0 445 0 445

Pensions 178 0 0 178 76 0 76TotalCurrentLiabilities 178 8,505 14,098 22,781 522 0 522

TotalAssetslessliabilities 47,321 0 0 47,321 64,280 23,807 88,087

Incomefunds

UnrestrictedFunds 47,321 0 0 47,321 64,280 0 64,280

RestrictedFund 0 0 0 0 0 23,807 23,807

TotalFunds 47,321 0 0 47,321 64,280 23,807 88,087

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Fortheyearending31March2018thecompanywasentitledtoexemptionfromauditundersection477oftheCompaniesAct2006relatingtosmallcompanies.Director'sresponsibilities:Themembershavenotrequiredthecompanytoobtainanauditofitsaccountsfortheyearinquestioninaccordancewithsection476.ThedirectorsacknowledgetheirresponsibilitiesforcomplyingwiththerequirementsoftheActwithrespecttoaccountingrecordsandthepreparationofaccounts.Theseaccountshavebeenpreparedinaccordancewiththeprovisionsapplicabletocompaniessubjecttothesmallcompanies’regime.Approvedbythedirectorson3October2018andsignedonitsbehalfby:

Helen Taylor Thompson

HelenTaylorThompsonChairmanNOTESTOTHEFINANCIALSTATEMENTS-31March20181.ACCOUNTINGPOLICIES(A)AccountingConvention&ComplianceTheseaccountshavebeendrawnuponthebasisofagoingconcernandthefinancialstatementspreparedunderthehistoricalcostconventioninaccordancewithapplicableStandards,FinancialReportingStandardsandtheCharitiesAct2011.ThestatementscomplywithbestpracticeandreflecttherequirementsoftherevisedStatementofRecommendedPracticeSORP(FRS102.(B)RecognitionofIncomeandExpenditureIncomeandExpenditurearerecognisedonanaccrualbasis.Donationsandlegaciesareaccountedforasreceivedandaccruedonlywhenavaluecanbeestablishedbeforepaymentisreceived.GeneralFundsRevenuegrantsandotherincomeandexpenditureassociatedwiththegeneraloperationsofthecharityanditsinternationalprojectsaredealtwithintheGeneralFunds.RestrictedFundsThesecomprisedonations,legaciesorotherincome,theuseofwhichhasbeenspecifiedbythedonor.TherearecurrentlyfundsfromtheIsleofMangovernmentandtheBeaconTrustwhicharerestrictedfunds.EndowmentFundsThereiscurrentlynoendowmentfund.(C)DepreciationAllfixedassetsover£500arecapitalized.Thechargefordepreciationiscalculatedtowriteoffthecostofthefixedassetsovertheirusefullivesonthefollowingbases:ComputerEquipment25%onastraight-linebasisOtherEquipment10%onastraight-linebasisAssetsaredepreciatedfromthetimeatwhichtheyarebroughtintouse.

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2.INCOMINGRESOURCES

TMEUnrestrictedFunds2018

RestrictedBG2018

RestrictedIOMGrants2018

Total2018

Unrestricted2017

Restricted2017

Total2017

£ £ £ £ £ £ £

GrantsandDonations 19,795 0 25,107 44,902 12,681 39,650 52,331

TrustIncome 0 0 0 0 0 30,000 30,000

TaxEfficientGiving 12,176 0 0 12,176 16,930 0 16,930

GiftAidReclaimed 3,029 0 0 3,029 5,208 0 5,208

Other

Totalvoluntaryincome 35,000 0 25,107 60,107 34,819 69,650 104,469

Investmentincome

Bankinterestreceived 50 0 0 50 971 0 971

TotalInvestmentincome 50 0 0 50 971 0 971

Totalannualincomeresources 35,050 0 25,107 60,157 35,790 69,650 105,440

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3.RESOURCESEXPENDED

GeneratingFunds

CharitableActivities

GovernanceCosts

Total

Unrestricted2018

RestrictedBG

2018

RestrictedIOM

2018

Total2018

Unrestricted2017

Restricted2017

Total2017

Directcosts £ £ £ £ £ £ £ £ £ £ £

DiscProduction 0 2,698 0 2,698 2,698 0 0 2,698 7,251 0 7,251ProjectsandPartners 0 38,697 0 38,697 1,884 0 36,813 38,697 890 77,560 78,450

Fundraising&marketing 1,356 0 0 1,356 1,356 0 0 1,356 0 0 0

Staffcosts 0 46,144 0 46,144 46,144 0 0 46,144 34,499 0 34,499

Trusteecosts 0 0 213 213 213 0 0 213 151 0 151

TotalDirectcosts 1,356 87,539 213 89,109 52,295 0 36,813 89,108 42,791 77,560 120,351

Indirectcosts

StaffCosts* 3,021 0 0 3,021 3,021 0 0 3,021 2,811 0 2,811Office&admincosts 8,793 0 0 8,793 8,793 0 0 8,793 7,971 0 7,971

Depreciationcharge 0 0 0 0 0 0 0 0 0 0 0

TotalIndirectcosts 11,814 0 0 11,814 11,814 0 0 11,814 10,782 0 10,782

TotalResourcesExpended 13,170 87,539 213 100,922 64,109 0 36,813 100,922 53,573 77,560 131,133

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4.NETOUTGOINGRESOURCESFORTHEYEAR

TMEUnrestrictedFunds2018

RestrictedBG2018

RestrictedIOM2018

Total2018

Unrestricted2017

Restricted2017

Total2017

£ £ £ £ £ £ £

Thenetmovementinfundsfortheyearisstatedafterchargingdepreciationoftangibleassetsownedbythecharityamountingto:

0 0 0 0 0 0 0

5.STAFFCOSTS

Administrationsalaryis15%ofexecutivedirector’scostsallocatedtoindirectcosts*

3,021 0 0 3,021 2,811 0 2,811

Balanceallocatedtodirectcosts 46,144 0 0 46,144 34,499 0 34,499

Totalsalariesandsocialsecuritycosts 49,165 0 0 49,165 37,310 0 37,310

Thehighestremunerationtoadirector/officerwas£17,690perannum.

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6.TANGIBLEFIXEDASSETS

TMEUnrestrictedFunds2018

RestrictedBG2018

RestrictedIOM2018

Total2018

Unrestricted2017

Restricted2017

Total2017

£ £ £ £ £ £ £

Cost

At1stApril2017 0 0 0 0 0 0 0

At31stMarch2018 0 0 0 0 0 0 0

Depreciation

At1stApril2017 Chargefortheyear 0 0 0 0 0 0 0

Totaldepreciationat31stMarch2018 0 0 0 0 0 0 0

Netbookvalueat31stMarch2018 0 0 0 0 0 0 0

Netbookvalueat1stApril2017 0 0 0 0 0 0 0

7.DEBTORS&PREPAYMENTS

InlandRevenue-GiftAidIncome 378 0 0 378 382 0 382

Insurancecosts 507 0 0 507 490 0 490

Payrollsitecosts 0 0 0 0 83 83

885 0 0 885 955 0 955

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8.BANK&CASHBALANCES

TMEUnrestrictedFunds2018

RestrictedBG2018

RestrictedIOMGrants2018

Total2018

TMEUnrestrictedFunds2017

Restricted2017

Total2017

£ £ £ £ £ £ £

Barclayscurrentaccount 27,090 8,505 14,098 49,693 44,397 23,807 68,204

Businesssaveraccount 13,660 0 0 13,660 13,651 0 13,651

Pettycashaccount 59 0 0 59 35 0 35

CloseBrothers6month 5,805 0 0 5,805 5,764 0 5,764

Total 46,614 8,505 14,098 69,217 63,847 23,807 87,654

9.CURRENTLIABILITIES

DeferredIncome 0 8,505 14,098 22,603 0 0 0

HMRC 0 0 0 0 446 0 446

Pensions 179 0 0 179 76 0 76

TotalCurrentLiabilities 179 8,505 14,098 22,782 522 0 522

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5.0 INDEPENDENTEXAMINER’SREPORTIreportontheaccountsoftheTrustfortheyearended31stMarch2018,asaresetoutontheprecedingpages.RespectiveresponsibilitiesoftrusteesandexaminerThetrustees(whoarealsothedirectorsofthecompanyforthepurposesofcompanylaw)areresponsibleforthepreparationoftheaccounts.Thetrusteesconsiderthatanauditisnotrequiredforthisyearundersection144(2)oftheCharitiesAct2011(the2011Act)andthatanindependentexaminationisrequired.Havingsatisfiedmyselfthatthecharityisnotsubjecttoauditundercompanylawandiseligibleforindependentexamination,itismyresponsibilityto:-examinetheaccountsundersection145ofthe2011Act-followtheprocedureslaiddownintheGeneralDirectionsgivenbytheCharityCommission(undersection145(5)(b)ofthe2011Act);and-tostatewhetherparticularmattershavecometomyattentionBasisofTheIndependentExaminer'sReportMyexaminationwascarriedoutinaccordancewiththegeneralDirectionsgivenbytheCharityCommission.Anexaminationincludesareviewoftheaccountingrecordskeptbythecharityandacomparisonoftheaccountspresentedwiththoserecords.Italsoincludesconsiderationofanyunusualitemsordisclosuresintheaccounts,andseekingexplanationsfromyouastrusteesconcerninganysuchmatters.Theproceduresundertakendonotprovidealltheevidencethatwouldberequiredinanauditandconsequentlynoopinionisgivenastowhethertheaccountspresenta‘trueandfairview’andthereportislimitedtothosematterssetoutinthestatementbelowIndependentExaminer'sStatementInconnectionwithmyexamination,nomatterhascometomyattention:(1)whichgivesmereasonablecausetobelievethatinanymaterialrespecttherequirements:-tokeepaccountingrecordsinaccordancewithSection386and387oftheCompaniesAct2006;and-toprepareaccountswhichaccordwiththeaccountingrecords,complywiththeaccountingrequirementsofSections394and395oftheCompaniesAct2006andwiththemethodsandprinciplesoftheAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2015)havenotbeenmet;or(2)towhich,inmyopinion,attentionshouldbedrawninordertoenableaproperunderstandingoftheaccountstobereached

Russell Capel______________________________________________RussellCapelFCCAIndependentExaminer

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