Financial transparency
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Financial transparency


The Accounts

The association’s financial accounts are examined by the board of directors, certified by the auditor, and approved at the general meeting. The results are all published annually on this site.


Annual General Meeting 2020

Due to France’s current health situation the Board of Directors was obliged to hold the Annual General Meeting scheduled to take place on April 2 virtually with votes made by mail or through internet.

There have been extremely few coronavirus victims in Cambodia but it has, however caused a major economic  crisis: many textile factories have stopped work because of a lack of raw materials or orders, and a number of them will probably not reopen. Tourism is at a complete standstill. Schools will probably remain shut until October. Unemployment and poverty are increasing very fast in a country which, until now, was growing regularly, year after year.

Sipar will, as always, adapt its programmes to take into account the new situation and increased its contributions to education and educational support for children, particularly in poor and remote areas where the situation is the worst.


Activity report 2019 – Patrice Lucas, President

2019 marked the 37th anniversary of Sipar’s commitment to helping reconstruct Cambodia through access to quality education, literacy and the promotion of reading. The progress made in the field of education in Cambodia in recent decades is indisputable and extremely encouraging. Sipar is proud to continue to contribute daily to this progress. Today our team of 55 young and dynamic Cambodians works with underprivileged people in rural and urban areas in the country’s 25 provinces, in close collaboration with private and institutional partners and charities.  

2019 began with the election of Patrice Lucas as the new President of Sipar, succeeding Claude Vincent who had been head of the association for 24 years. A very fruitful joint effort of Patrice and Claude throughout the year ensured a smooth transition for Sipar. Guy de Guernon resigned as treasurer halfway through the year and Claude took over on a temporary basis. Jean-Louis Cros joined the team in the Autumn of 2019 and was trained by Claude until he was able to take up his duties as new treasurer in April 2020. We sincerely thank Claude for once again having helped out Sipar.

In Cambodia we continued to extend and reinforce our programmes in the textile factories and prisons. In 2019 the “Factory” programme increased from 18 to 23 factories, benefitting 64 000 workers. The “Prison” programme entered its third three-year phase in March 2019, which will build a lasting future for the network of 27 existing libraries and fully integrate the project in the national reintegration policy.  

Vulnerable populations remained at the heart of our concerns, with the launch of literacy classes in 2 of the brick factories served by two of Sipar’s biblio-buses, and since March 2019, a brand new biblio-bus that introduced yoga and meditation to 400 children from communities surrounding the Kampong Speu factory.

Knowing that access to information about post bac options is a real challenge for young people living in rural areas, we decided in 2019 to launch the first “vocational orientation corner” in a high school close to the Kompong Chhnang factory, as well as the first career days forums focusing on careers related to “STEM” (Sciences, Technology, Engineering & Math) in 3 other high schools with the support of a partner Cambodian company.

Attendance at the national book fair continued to increase dramatically, with 180 000 visitors to the fair in 2019, proving the growing interest in books in Cambodia and the professionalisation of the publishing sector. Sipar continues to contribute to its development with the publication of quality works, with a special mention of the new Montessori collection for pre-primary level and the 3rd volume of the history of Cambodia. In this context, SIPAR’s publishing activity achieved a positive result for the second year running.

Our desire to maintain all our programmes while preparing for the future through new experiments forced us to register a budget deficit in 2019, which was financially possible thanks to our reserves (see financial report).

For 2020 Sipar plans on continuing its actions to help populations living in areas which are difficult to reach, by starting a first biblio-boat visiting villages on lake Tonlé Sap. We also hope to launch a project with our first biblio-tuktuk to reach out to people living in the slums around Phnom Penh. Emphasis will also be placed on innovation and access to digital technology by setting up a first mobile computer laboratory (Nomad Lab) developed with our partner NGO Passerelles Numériques Cambodge for several “vocational orientation corners” to be developed in high school libraries.

To prepare for the future, the Board of Directors held important in-depth strategic discussions during the year together with the management team in Phnom Penh. We want to identify ideas for new programmes to help underprivileged populations which are growing with urbanisation and the country’s economic development and suggest them to our institutional and private financial partners.

The activities we had hoped to carry out in 2020 exceeded in our budget the funding we had obtained. We had, therefore, to postpone the launch of several projects which, to be started, will have to rely on future funding which we continue to seek. The health and economic crisis linked to COVID 19 means we must be even more cautious financially since it is impossible now to foresee the impact of the Cambodian economic recession which is only beginning, on our activities.


Download minute Annual General Meeting 2020 in French

Download Sipar's account 2019 in French


The last annual report 2018

Sipar annuel report 2018Khmer Report 2019 Sipar


Autorization in Prefecture


Sipar - Non profit association according to the French law of 1901 – authorized to receive legacies, life insurances, donations exempt from any inheritance tax – recognized as a charitable association and authorized to issue tax receipts as per the prefectorial order dated 10/09/1991 – renewed 03/11/2016 at the prefecture of the Yvelines department until 15/03/2022 with the number W7840000924 – Siren 332 088 939. Learn more

 

Contact us

  • FRANCE
  • 16 rue Champ Lagarde
  • 78 000 Versailles

  • 33 (0)1 39 02 32 52

FR

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  • CAMBODIA
  • 9 street 334 - Po Box 31
  • Phnom Penh

  • 855 (0)10 200 740

EN

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