##
##
##
##
##
##
|||||||SQRP reference||||
|---|---|---|---|---|---|---|---|---|---|
|Summary||ofthe purposes|||of|Para 1.17|To support projects which promote or|||
|the charity||as set out|in|its|||contribute
towards
locally initiated
and|||
|governing||document|||||sustainable
employment
and/or the|relief of||
||||||||ove
or sufferin
.|||
|Summary
activities|ofthe main
in relation tothose|||||Para 1.17 and
1.19|We provide financial assistance
and
to a number ofsmall-scale
projects|advice
in||
|purposes|for the public||||||different
countries,
which are vetted|and||
|benefit,
in||particular,|the||||monitored
by local volunteer
agents|whom||
|activities,|projects or||||||the trustees
personally
know. The agents|||
|services identified
in|||the||||report back to the charity
in the UK.|||
|accounts.||||||||||
|Statement||confirming||||Para 1.18|Yes. Our grants are all for the general|||
|whether the trustees|||have||||public benefit. No trustees or donors|derive||
|had regard||to the guidance|||||any personal
benefit.|||
|issued by|the Charity|||||||||
|Commission
on public||||||||||
|benefit||||||||||
|dditional||information||(opttonat)||||||
|ou ma
choose to include|||||further statements||where relevant
about:|||
|||||||SORP reference||||
||||||||We do not accept unsolicited
applications.|||
|||||||Para 1.38|We work only through
local volunteer|||
|Policy on|grant making||||||agents.|||
||||||||Our projects are generally
aimed to|help||
|||||||Para 1.38|small scale entrepreneurs
or NGOs|to|start|
|Policy on|social investment||||||up or expand their business
or charitable|||
|including|program
related||||||services. This includes
locally-based|||
|investment|||||||charities,
and our interest
is in helping||them|
||||||||to become economically
self-sustaining,|||
||||||||providing
local employment,
or to expand|||
||||||||social-related
services.|||
||||||||Our local agents are volunteers.
They||are|
|||||||Para 1.38|not paid nor do they contribute
financially.|||
|Contribution||made by||||||||
|volunteers||||||||||
||||||||Our agents and ourselves
are rigorous||
|---|---|---|---|---|---|---|---|---|
|Other|||||||about checking the competencies
of||
||||||||beneficiaries.
As in the UK, it is more||
||||||||difficult to find good projects/people
in||
||||||||whom to invest than to raise funds.||
|Achievements||||and|Performance||||
|||||||SORP reference|||
||||||||Through
our local volunteer
agents (and||
||||||||their partner volunteers
in the UK) we||
||||||||monitor and assess the impact and||
|Summary
ofthe main
achievements
ofthe charity,||||||Para 1.20|success ofthe grants and the projects
which they support.||
|identifying||the difference|||the||During 2022/23 we supported
4 projects|in|
|charity's||work|has|made|to||3countries,
via established
and accredited||
|the circumstances||||of its|||local NGOs. We receive and review project||
|beneficiaries|||and any wider||||reports twice a year and engage
in critical||
|benefits|to society|||as a|||questioning
with the local project leads.||
|whole.|||||||Exact measurement
is possible,
and is||
||||||||given, where there are specific, physical||
||||||||outputs,
and these have been good. Some||
||||||||projects are also able to assess the income||
||||||||impact ofthe project, but this is not||
||||||||possible
in some cases, such as where|the|
||||||||principal
aim is to pay for the facilitation|of|
||||||||local community
meetings,
empowerment||
||||||||and vocalisetion/planning
ofa community's||
||||||||needs.||
||||||||A particular
aim ofour grant-making
is|to|
||||||||discourage
any form of dependency,
at||
||||||||least in the sense of having a clear end|of|
||||||||support
in sight.||
||||||||We are confident that many thousands|of|
||||||||individuals
have benefitted sofar from our||
||||||||support
in terms ofassisting
them to||
||||||||economic self-sufficiency
or employment-||
||||||||and thereby to building
up local level||
||||||||empowerment,
social networks
and human||
||||||||infrastructure.||
||||||||Funds raised
in the year = 629,236||
||||||||Ex enditure: F44,608||
|Additional||information|||(optional)||||
|You ma|choose to|||include further statements|||where relevant about||
||||||||With a light touch but probing
system of||
||||||||reporting,
based on face to face||
|Achievements|||against|||Para 1.41|assessment
and some evidential||
|objectives set|||||||measurement,
we are confident that we||
||||||||provide extraordinary
value for money
(with||
||||||||zero costs except bank charges) and that||
||||||||we make a big difference toa small number||
||||||||of eo le.||
||||||||We fundraise
from a small group ofdonors||
||||||||who commit to providing
an annual
amount.||
|Performance
offundraising
activities against objectives||||||Para 1.41|We generally
are able to raise more funds
than we are able to dispense.||
|set|||||||||
||||We do not invest sums financially|here in|here in|
|---|---|---|---|---|---|
||||the UK but simply keep monies
in|our||
|Investment|performance|Para 1.41|Berclays Bank account. The charity's||policy|
|against objectives|||isto not to borrow or invest.|||
|Other||||||
##
|Review ofthe charity's|||Para 1.21|Cash
in the bank at 31.10.23was|Cash
in the bank at 31.10.23was|F31.|
|---|---|---|---|---|---|---|
|financial
position at the|end||||||
|ofthe
eriod|||||||
|Statement
explaining
the|||Para 1.22|Our policy is always to hold a positive|||
|policy for holding
reserves||||balance at Barclays Bank. Winding||up|
|stating why they are held||||costs will be zero as we have no|assets or||
|||||em
lo ees or liabilities.|||
|Amount of reserves
held|||Para 1.22|Cash
in the bank at31.10.23was||f31.|
|Reasons for holding zero|||Para 1.22|We have no liabilities.|||
|reserves|||||||
|Details offund materially||in|Para 1.24||||
|deficit|||||||
|Explanation
ofany|||Para 1.23|No uncertainties.|||
|uncertainties
about the|||||||
|charity continuing
as a going|||||||
|concern|||||||
|Additional
information|(optional)||||||
|You ma
choose to include||further statements||where relevant about|||
|||||We fundraise
from a small group|ofdonors||
|||||who commit to providing
an annual||amount.|
|The charity's
principal
sources offunds
(including|||Para 1.47|We generally
are able to raise more funds
than we are able to dispense.|||
|any fundraising)|||||||
|||||We do not invest sums financially||here in|
|||||the UK but simply keep monies
in||our|
|Investment
policy and
objectives including
any|||Para 1.44|Barclays Bank account. The chadity's
policy
is to not to borrow or invest.|||
|social investment
policy|||||||
|adopted|||||||
|||||Apart from the extremely
distant|possibility||
|||||of insolvency
ofour bank, Barclays, there|||
|A description
ofthe principal|||Para 1.46|are no financial
risks. Reputational||risk|
|risks facing the charity||||might exist, except that the small|group of||
|||||donors is informed
about what is|going on||
|||||and they are part ofthe approvai|process||
|||||for donations.|||
|Other|||||||
##
|Description
of charity's|||Charitable
trust registered
with the|Charity|
|---|---|---|---|---|
|trusts:|||Commission||
|Type of governing
document||Para 1.25|Trust deed||
|trust deed, royal charter)|||||
|Flow is the charity||Para 1.25|Charitable
trust registered
with the|Charity|
|constituted?|||Commission||
|(e.g unincorporated|||||
|association.
CIO)|||||
|Trustee selection methods||Para 1.25|There must be at least three trustees.||
|including
details ofany|||Trustees are appointed
by fellow trustees||
|constitutional
provisions|e.g.||for a period offive years, renewable.||
|election to post or name|of||Trustees are selected on the basis|of|
|any person or body entitled|||goodwill,
ability to contribute
financially,||
|to appoint one or more|||knowledge,
contacts, and financial|or|
|trustees|||mana
erial abili||
|Additional
information|(optional)||||
|You ma
choose to include further statements|||where relevant
about||
||||Trustees are given the trust deeds|and|
||||copies ofthe annual
reports. Trustees are||
|Policies and procedures
adopted for the induction||r ara i.51|invited to take part in all grant-making
discussions
and decisions, as well as the||
|and training oftrustees|||AGM. Trustees are encouraged
to|take|
||||active responsibility
for monitoring|and|
||||su
ortin
articular
local a ents.||
||||The charity has a chair. Three trustees||
||||including
the chair have access to|the bank|
|The charity's
organisational
structure
and any wider||Para i.ai|account and have bank cards, and each
can spend moneys from that account. Bank||
|network
with which the|||account statements
go to the chair. At the||
|charity works|||AGM details of all income and expenditure||
||||during the year is given to trustees.||
|Relationship
with any||Para 1.51|||
|related parties|||||
|Other|||||
##
|Charit|name|name||The Two Walters Charitable|The Two Walters Charitable|The Two Walters Charitable|Trust||
|---|---|---|---|---|---|---|---|---|
|Other name||the charit|uses||||||
|Registered||charity number||1140220|||||
|Charity's|principal address|||The registered|address|is cfothe charity's||accountant:|
|||||ANDREW GAMMON
A||G TAX LTD ?M FLOOR 42 MINCING|||
|||||LANE, LONDON|EC3R|TAE|||
|mes|ofthe charity tr|ustees
who manage|the charity||||
|---|---|---|---|---|---|---|
||Trustee name|Office lifany)|Dates acted ifnot for whole
ear|Name
to a|ofperson (or body) entitled
oint trustee
ifan||
|1|Mark Hudson|Chair|||||
|2|Mike Giedroyc||||||
|3|Richard Smith||||||
|4|Nick Dove||||||
|5|||||||
|6|||||||
|7|||||||
|8|||||||
|9|||||||
|10|||||||
|11|||||||
|12|||||||
|13|||||||
|14|||||||
|15|||||||
|16|||||||
|17|||||||
|18|||||||
|19|||||||
|20|||||||
|Funds held as custodian|Funds held as custodian|trustees on behalf ofothers|
|---|---|---|
|Description
ofthe assets|held|Not applicable|
|in this capacity|||
|Name and objects ofthe||Not applicable|
|charity on whose behalf|the||
|assets are held and how|this||
|falls within the custodian|||
|charity's objects|||
|Details ofarrangements|for|Not applicable|
|safe custody and segregation|||
|ofsuch assets from the|||
|charity's
own assets|||
##
|Names and|address|es ofadvise|rs (Optional
information)||||
|---|---|---|---|---|---|---|
|Type of|Name||Address||||
|adviser|||||||
|Accountant|Andrew|Gammon|A G TAX LTD 7™
FLOOR|42 MINCING||LANE|
||||LONDON EC3R 7AE||||
|Name ofchief executive or names ofsenior staff members||||(Optional|information)||
##
##
##
##
##
##
##
##
|||||||SQRP reference||||
|---|---|---|---|---|---|---|---|---|---|
|Summary||ofthe purposes|||of|Para 1.17|To support projects which promote or|||
|the charity||as set out|in|its|||contribute
towards
locally initiated
and|||
|governing||document|||||sustainable
employment
and/or the|relief of||
||||||||ove
or sufferin
.|||
|Summary
activities|ofthe main
in relation tothose|||||Para 1.17 and
1.19|We provide financial assistance
and
to a number ofsmall-scale
projects|advice
in||
|purposes|for the public||||||different
countries,
which are vetted|and||
|benefit,
in||particular,|the||||monitored
by local volunteer
agents|whom||
|activities,|projects or||||||the trustees
personally
know. The agents|||
|services identified
in|||the||||report back to the charity
in the UK.|||
|accounts.||||||||||
|Statement||confirming||||Para 1.18|Yes. Our grants are all for the general|||
|whether the trustees|||have||||public benefit. No trustees or donors|derive||
|had regard||to the guidance|||||any personal
benefit.|||
|issued by|the Charity|||||||||
|Commission
on public||||||||||
|benefit||||||||||
|dditional||information||(opttonat)||||||
|ou ma
choose to include|||||further statements||where relevant
about:|||
|||||||SORP reference||||
||||||||We do not accept unsolicited
applications.|||
|||||||Para 1.38|We work only through
local volunteer|||
|Policy on|grant making||||||agents.|||
||||||||Our projects are generally
aimed to|help||
|||||||Para 1.38|small scale entrepreneurs
or NGOs|to|start|
|Policy on|social investment||||||up or expand their business
or charitable|||
|including|program
related||||||services. This includes
locally-based|||
|investment|||||||charities,
and our interest
is in helping||them|
||||||||to become economically
self-sustaining,|||
||||||||providing
local employment,
or to expand|||
||||||||social-related
services.|||
||||||||Our local agents are volunteers.
They||are|
|||||||Para 1.38|not paid nor do they contribute
financially.|||
|Contribution||made by||||||||
|volunteers||||||||||
||||||||Our agents and ourselves
are rigorous||
|---|---|---|---|---|---|---|---|---|
|Other|||||||about checking the competencies
of||
||||||||beneficiaries.
As in the UK, it is more||
||||||||difficult to find good projects/people
in||
||||||||whom to invest than to raise funds.||
|Achievements||||and|Performance||||
|||||||SORP reference|||
||||||||Through
our local volunteer
agents (and||
||||||||their partner volunteers
in the UK) we||
||||||||monitor and assess the impact and||
|Summary
ofthe main
achievements
ofthe charity,||||||Para 1.20|success ofthe grants and the projects
which they support.||
|identifying||the difference|||the||During 2022/23 we supported
4 projects|in|
|charity's||work|has|made|to||3countries,
via established
and accredited||
|the circumstances||||of its|||local NGOs. We receive and review project||
|beneficiaries|||and any wider||||reports twice a year and engage
in critical||
|benefits|to society|||as a|||questioning
with the local project leads.||
|whole.|||||||Exact measurement
is possible,
and is||
||||||||given, where there are specific, physical||
||||||||outputs,
and these have been good. Some||
||||||||projects are also able to assess the income||
||||||||impact ofthe project, but this is not||
||||||||possible
in some cases, such as where|the|
||||||||principal
aim is to pay for the facilitation|of|
||||||||local community
meetings,
empowerment||
||||||||and vocalisetion/planning
ofa community's||
||||||||needs.||
||||||||A particular
aim ofour grant-making
is|to|
||||||||discourage
any form of dependency,
at||
||||||||least in the sense of having a clear end|of|
||||||||support
in sight.||
||||||||We are confident that many thousands|of|
||||||||individuals
have benefitted sofar from our||
||||||||support
in terms ofassisting
them to||
||||||||economic self-sufficiency
or employment-||
||||||||and thereby to building
up local level||
||||||||empowerment,
social networks
and human||
||||||||infrastructure.||
||||||||Funds raised
in the year = 629,236||
||||||||Ex enditure: F44,608||
|Additional||information|||(optional)||||
|You ma|choose to|||include further statements|||where relevant about||
||||||||With a light touch but probing
system of||
||||||||reporting,
based on face to face||
|Achievements|||against|||Para 1.41|assessment
and some evidential||
|objectives set|||||||measurement,
we are confident that we||
||||||||provide extraordinary
value for money
(with||
||||||||zero costs except bank charges) and that||
||||||||we make a big difference toa small number||
||||||||of eo le.||
||||||||We fundraise
from a small group ofdonors||
||||||||who commit to providing
an annual
amount.||
|Performance
offundraising
activities against objectives||||||Para 1.41|We generally
are able to raise more funds
than we are able to dispense.||
|set|||||||||
||||We do not invest sums financially|here in|here in|
|---|---|---|---|---|---|
||||the UK but simply keep monies
in|our||
|Investment|performance|Para 1.41|Berclays Bank account. The charity's||policy|
|against objectives|||isto not to borrow or invest.|||
|Other||||||
##
|Review ofthe charity's|||Para 1.21|Cash
in the bank at 31.10.23was|Cash
in the bank at 31.10.23was|F31.|
|---|---|---|---|---|---|---|
|financial
position at the|end||||||
|ofthe
eriod|||||||
|Statement
explaining
the|||Para 1.22|Our policy is always to hold a positive|||
|policy for holding
reserves||||balance at Barclays Bank. Winding||up|
|stating why they are held||||costs will be zero as we have no|assets or||
|||||em
lo ees or liabilities.|||
|Amount of reserves
held|||Para 1.22|Cash
in the bank at31.10.23was||f31.|
|Reasons for holding zero|||Para 1.22|We have no liabilities.|||
|reserves|||||||
|Details offund materially||in|Para 1.24||||
|deficit|||||||
|Explanation
ofany|||Para 1.23|No uncertainties.|||
|uncertainties
about the|||||||
|charity continuing
as a going|||||||
|concern|||||||
|Additional
information|(optional)||||||
|You ma
choose to include||further statements||where relevant about|||
|||||We fundraise
from a small group|ofdonors||
|||||who commit to providing
an annual||amount.|
|The charity's
principal
sources offunds
(including|||Para 1.47|We generally
are able to raise more funds
than we are able to dispense.|||
|any fundraising)|||||||
|||||We do not invest sums financially||here in|
|||||the UK but simply keep monies
in||our|
|Investment
policy and
objectives including
any|||Para 1.44|Barclays Bank account. The chadity's
policy
is to not to borrow or invest.|||
|social investment
policy|||||||
|adopted|||||||
|||||Apart from the extremely
distant|possibility||
|||||of insolvency
ofour bank, Barclays, there|||
|A description
ofthe principal|||Para 1.46|are no financial
risks. Reputational||risk|
|risks facing the charity||||might exist, except that the small|group of||
|||||donors is informed
about what is|going on||
|||||and they are part ofthe approvai|process||
|||||for donations.|||
|Other|||||||
##
|Description
of charity's|||Charitable
trust registered
with the|Charity|
|---|---|---|---|---|
|trusts:|||Commission||
|Type of governing
document|||Trust deed||
|trust deed, royal charter)|||||
|Flow is the charity||Para 1.25|Charitable
trust registered
with the|Charity|
|constituted?|||Commission||
|(e.g unincorporated|||||
|association.
CIO)|||||
|Trustee selection methods||Para 1.25|There must be at least three trustees.||
|including
details ofany|||Trustees are appointed
by fellow trustees||
|constitutional
provisions|e.g.||for a period offive years, renewable.||
|election to post or name|of||Trustees are selected on the basis|of|
|any person or body entitled|||goodwill,
ability to contribute
financially,||
|to appoint one or more|||knowledge,
contacts, and financial|or|
|trustees|||mana
erial abili||
|Additional
information|(optional)||||
|You ma
choose to include further statements|||where relevant
about||
||||Trustees are given the trust deeds|and|
||||copies ofthe annual
reports. Trustees are||
|Policies and procedures
adopted for the induction||r ara i.51|invited to take part in all grant-making
discussions
and decisions, as well as the||
|and training oftrustees|||AGM. Trustees are encouraged
to|take|
||||active responsibility
for monitoring|and|
||||su
ortin
articular
local a ents.||
||||The charity has a chair. Three trustees||
||||including
the chair have access to|the bank|
|The charity's
organisational
structure
and any wider||Para i.ai|account and have bank cards, and each
can spend moneys from that account. Bank||
|network
with which the|||account statements
go to the chair. At the||
|charity works|||AGM details of all income and expenditure||
||||during the year is given to trustees.||
|Relationship
with any||Para 1.51|||
|related parties|||||
|Other|||||
##
|Charit|name|name||The Two Walters Charitable|The Two Walters Charitable|The Two Walters Charitable|Trust||
|---|---|---|---|---|---|---|---|---|
|Other name||the charit|uses||||||
|Registered||charity number||1140220|||||
|Charity's|principal address|||The registered|address|is cfothe charity's||accountant:|
|||||ANDREW GAMMON
A||G TAX LTD ?M FLOOR 42 MINCING|||
|||||LANE, LONDON|EC3R|TAE|||
|mes|ofthe charity tr|ustees
who manage|the charity||||
|---|---|---|---|---|---|---|
||Trustee name|Office lifany)|Dates acted ifnot for whole
ear|Name
to a|ofperson (or body) entitled
oint trustee
ifan||
|1|Mark Hudson|Chair|||||
|2|Mike Giedroyc||||||
|3|Richard Smith||||||
|4|Nick Dove||||||
|5|||||||
|6|||||||
|7|||||||
|8|||||||
|9|||||||
|10|||||||
|11|||||||
|12|||||||
|13|||||||
|14|||||||
|15|||||||
|16|||||||
|17|||||||
|18|||||||
|19|||||||
|20|||||||
|Funds held as custodian|Funds held as custodian|trustees on behalf ofothers|
|---|---|---|
|Description
ofthe assets|held|Not applicable|
|in this capacity|||
|Name and objects ofthe||Not applicable|
|charity on whose behalf|the||
|assets are held and how|this||
|falls within the custodian|||
|charity's objects|||
|Details ofarrangements|for|Not applicable|
|safe custody and segregation|||
|ofsuch assets from the|||
|charity's
own assets|||
##
|Names and|address|es ofadvise|rs (Optional
information)||||
|---|---|---|---|---|---|---|
|Type of|Name||Address||||
|adviser|||||||
|Accountant|Andrew|Gammon|A G TAX LTD 7™
FLOOR|42 MINCING||LANE|
||||LONDON EC3R 7AE||||
|Name ofchief executive or names ofsenior staff members||||(Optional|information)||
##
##