REGISTERED CHARITY NUMBER: 1142295 of the TTUStees and naudiied Financial Statemertts for ihe Y¢ar Ended 31 December 2025 for Well Greenwood Williams Lirnited 1st FI[r, The Sytll5 Building Bumpers Way, Bumpers Fann ChKppenham Wiltshire SN146LH
Wellborin Contents of the Financial Staiemenrs for the Year Ended- l December 2025 Page Report of th¢ Trusie¢s It)dependent EXaMineS Report Statement of Financial Activitie5 Balance Sheet Note5 to the Financial Staiements De¢ailed Staiemeni of Financial Activities 10
Wellbori ort of the fTUStees for the Year Ended 31 December 2025 The iNsiee5 present their report with the financial sthtements ofthe charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accouniing and ReportÉng by Charities= Sthiement of Recommended Practice applirable to charities preparing their a¢counts in accordance with the Financial Rewrting StaTJdard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l January 20191. OBJECTIVES AND ACTIVITIES WellBoring was regist¢red as a UK Charity in 2011. Its PUTpose is to improve health, education and community welfare by providing sustainable safe water solutions, maintenance. hygiene training and water education, working in partnership with ¢ommuniiies. mostly centr¢d on s¢hools. in $ulFSahaT8n Afri¢a. In addition to the UK afflivities. WellBoring has a significanily grea presence through fijnds and projects carried out in its name and on its behalf directly in African Countries, and with its inpui. The WellBoring family 15 made up of five organisaiions= the UK Charity, a Charitable foundation in the US Called The WellBoring Foundation. a Charitable Foundatioii in Gerniany called WellBoring Gerniany, a Charitable Foundation in The Gambia called WellBoring West Africa and an impl¢m¢ntation arm based in Kenya called Wellboring Groundwater. The ac¢ounis show income received by th¢ UK of £278k. This repres¢rtt¢d 50Y• of the overnll fimds brought in by the WellBoring family of £552L with the balance funded in Kenya 460h and the Gambia 4%. The in¢lusion of income carried fonvard for ih¢ prior year would in¢rwe the prior year UK local to £250k and rhe WellBoring family toial 10 £385k. These are the figures to be used for u)mpar4tive purposes. li should be emphasised thai ihe WellBoring charity. re8isiered in the UK. has oversight r)f all of this work working closely with WellBoriDg Groundwaier, Ihe Community Based NGO regÉ$t¢red in Keny Since ihe forniation of WellBoring in 2011. Ihese entities have now completed over 530 wells. improving the lives of aTound 600,000 people through the provision of safe water. STRUCTURE, GOVERNANCE AND MANAGEMENT Guverning document The charity is conirolled by its governing document. a deed of trusi and consiituies an unincorporaied charity. REFERENCE AND ADMIIYISTIL4TIVE DETAILS Registered Charlty number 1142295 Prln¢ip#l #ddresi 51 sl.mary Stteei Chippenham Wiltshire SN15 3JW Trustees P Johnson R K Kongo K Sonko N W White Independent Examlner Tanya Williams Greenwood Williams Limited 1st Flooi, The Syms Building Bumpers Way, Bumper5 Fami Chippenham Wiltshire SN146LH Page I
Wellborin rt of the Trustees for the Year Ended ) l December 2025 Approved by order of the board of trustees on .. JLkl.5.lao.2L - and signed on its behalf by.. fJ.Ly.JI N W While- Ttustee Page 2
Inile deni Examinerfs Re Wellborin rt to the Tnle¢S of Independent examiner'5 report to the trustees of Wellboring repon to rhe charity in(ee$ on my examination of the accounts of Wellboring {the Trust) for the year ended 31 December 2025. Responsibilities and basis of report As the charity irustees of the Tntsi you are responsible for the preparation of the accounts in ac¢ordanc¢ with the require¥nents of the Charities Act 2011 Cthe Acl). I report in respect of my examination of the Trust's accounts rarried out under Section 145 of th¢ Act and in carrying out my examinaiion I have followed all applicable Directions given by the Charity Commission under Seaion 145{5)(b) of the A¢t. Independerht examSner's stternent Since your charity's gr055 income exceeded £250.(rf)O your examiner mum be a member of a listed body. l ¢on confirm Ihai l am qualified io undertake ihe ex#mination b¢¢u5e I m) a member of th¢ As50ci8tion of Chartered Certified Aeeountants, whieh is one of the listed biKiie5. I have completed my examination. I confim Ihai no material matters hav¢ ¢ome to my attention tn ¢onD¢¢tion with the examination giving me cause to believe that in any material Tespeci.. accounting Tecords were noi kept in respect of the Trust &% required by Section 130 of the A¢t,' or the accounts do not accord with those record5: or th¢ J¢CQL2nts do not comply wilh the applicable requirements concerning the forn) and conteni of accounts set oul in the Charitie5 (Accounts and Reports) Regulaiions 2008 0(her (han any requirement that th¢ a¢counts give a true and fair view which is not a matter considered as part of ar] independent examination. I have no concerns and have come acros5 no other matters in conneciion with the examinaiion to which attention should be drawn in this report in order io enable a proper und¢rsiondin% of th¢ ac¢ounts ¢0 b¢ r¢a¢hed. Tanya William5 Greenwood Williams Limited I s¢ Floor, The Syms Building Bumpers Way. Bumpers Fami Chippenham Wiltshire SN146LH Date.. i..a.1s...kaoa.L... Page 3
Wellknrin Swemeni of Financial Activities for the Year Ended i l December 2025 31.12.25 Total fiu)ds 31.12.24 Total nds Unresiricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM DonatTOnS and legacies 117.1)09 160,380 277.389 177,147 Investment income 350 350 374 Tot¥41 117,359 160,380 277.739 177,521 EXPENDITURE ON Charitsblt actLVltie5 Water well boring 75,806 173,992 249,798 233,958 NET INCOMEI(EXPENDITURE) 41,553 (13,612) 27,941 (56,437) RECONCILIATION OF FUNDS To(al funds broughi forward 9.310 16.160 25,470 81,907 TOTAL FUNDS CARRIED FORWARD 50.863 2.548 53.411 25,470 The notes forn) part of these financial statements Page 4
Wellborin Balance Sheet 31 December 2025 31.12.25 Totsl funds 31.12.24 Toial funds Unrestricted fund Restricted fund Notes CURRENT ASSETS Debto Cash at bank 15,329 73,361 37.330 2,548 52,659 75,909 9,297 135,327 88.690 i9.878 128,568 144,624 CREDITORS Amounts falling due within on¢ year (37,827) 137,330) (75,157) {119,154) NET CURRENT ASSETS 50,863 2,548 53,411 25,470 TOTAL ASSETS LESS CURRENT LIABILITIES 50.863 2.548 53.411 25.470 NET ASSETS 50.863 2.548 53.41 25.470 Unresiricted fijnds Restricted funds 50,863 2,548 9,310 16,160 TOTAL FUNDS 53,411 25,470 The financial staiemenis were approved by the Board of Trnstees and authorised for issue 5 + i.as.i.%ai.kn..-... and wer¢ Signed on ils behalf by.. on N W White - Tnjstee The notes fonn part of these financial statements Pe5
Wellborin Notes to the Financi31 S13tements for the Year Ended 31 December 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have be¢n prepared in accordance with the Charitie5 SORP (FRS 102) 'Accounting and Reporting by Charities.. Sratemeni of Recommended PTaciice applicable to charities preparing their accounts in accordance with ihe Financial Reponing Standard applicable in th¢ UK and R¢publi¢ of Ireland IFRS 102) (¢ff¢¢live l January 2019),, Financial Reporting Standard 102 The Financial Reponing Sndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial staiemenrs have been prepared under ihe historical cost convention. Incon3e All income is re¢ogni5ed in the Statement of Financial Activitie5 once the charity has ¢ntitl¢ment to the funds, it is probable that the incorne will be received and the amount can be measured reliably. Expenditurt Liabilities pre Tecognised as expenditure as soon as there is a legal or constructive obligation committing the harity to ¢hat expendiiure, it is probable thai a transfer of economic benefits will be required in settlement and the amount of Ihe obligation can be measured reliably. Expendilure is actount¢d for on an a¢cruals basi5 and ha5 been cla55ifLed uThder headings that aggregaie all cost related to the category. Where cosis cannot be direcily attribuied to particular headings they have bttn allocated aciiviiies on a basis consistent with the use of resources. Taxstion The charity is exempi from lax on IL8 ¢hori¢obl¢ 8¢1ivities. Fund accounting Unrestric(ed fiinds con be used in a¢¢ordance with the charilable objective5 at the discretion of the tru51ee5. Restricted funds can only be used for particular restricted putposes within the objects of ihe charity. Restri¢tions arise when specified by the donor or when fund5 are raised for particular rcstrict¢d purp05e5. Further explanation of the nature and purpose of each fvnd is included in the notes io the financial staiements. Hire purchase and 1¢85ing cornrnitments Rentals paid under operaiing leases are charged io the Sthiement of Financial Activities on a straight line basis over the period of the lease. INVESTMENT INCOME 31.12.25 31.12.24 Deposit account interest 350 374 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remunrrntion or other benefits for the ytdr ended 31 December 2025 nor for the year ended 31 December 2024. Trustee$, expeNse5 There were no Inls. expenses paid for the year ended 31 De¢ember 2025 nor for the yeaT ended 31 December 2024. contÈnued...
Wellborin Notes to the Financial Statetnents- continued for the Year Ended i l Decefflber 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fid Restricted fid Total funds INCOME AND ENDOWMENTS FROM Donations and legacie5 52.350 124.797 177,147 Investmenl income 374 374 Tot*1 52.724 124,797 177.521 EXPEIYDITURE ON Charitable activities Water well boring 58,411 175.547 233.958 NET INCOMEI{EXPENDITURE) {5,687} {50.750) (56.437) RECONCILIA TION OF FUNDS Total funds broughi forward 14,997 66,910 81,907 TOTAL FUNDS CARRIED FORWARD 9,310 16.160 25,470 DEBTORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Other debtors 52,659 9,297 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Other creditors 75,157 119,154 MOVEMENT IN FUNDS Net movement in fvnds At 31.12.25 At 1.1.25 Umrestricted funds General fund 9.310 41,553 50.863 Restricted funds Re5tricited Funds 16,160 (13,612) 2,548 TOTAL FUNDS 25,470 27,941 53,411 Page 7 continued...
Wellborin Notes to the Financial Statements- continued for the Year Ended J I Ikcernber 2025 MOVEMENT IN FUNDS- eontlnued Net movement in funds, included in the above aTe as follows.. Incotning resoue$ Resources expended Movement in fvnds Unrestrlcied funds GeT)eral fvnd 117,359 (75,806) 41,353 Re5trieted fund$ Restricited Funds 160.380 (173.992) (13.612) TOTAL FUNDS 277,739 {249.798} 27.941 Comparatlve$ for mov¢meni fund$ Net movement in fvnds At 31.12.24 Ai 1.1.24 Unrestrleied fund$ General fund 14.997 (5,687) 9,310 R¢$lrl¢l¢d fund5 Restricited Fund5 66.910 (50,750) 16,160 TOTAL FUNDS 81,907 (56.437) 25,470 Comparative net movement in nds. included in the &bove are as follows.. Incoming R¢50urce$ expended Movement in funds Unrestrlcted funds General fund 52.724 (58.411) (5.687) Restricted funds Restricited Funds 124,797 (175,547) 150,750) TOTAL FUNDS 177,521 (233,958) 156,437) Page 8 continued..
Wellbori Notes (o the Financial Ststements- continued for the Year Ended i l December 2025 MOVEMEf4T IN FUNDS- CODtinued A Current y¢ar 12 months and prior year 12 months combined position is as follow5- Net ov¢m¢nt in fund5 At 31.12.25 Ai 1.1.24 Unrestricttd funds Generdl fund 14.997 35.866 50.863 Restricted fund5 Restricited Funds 66.910 (64.362) 2,548 TOTAL FUNDS 81.907 (28.496) 53.41 A CUTrent year 12 months and prior year 12 months combined net movemeni in funds. included in the above are as follows-. Incoming resources Resources expended Movement in funds Unrestrieted funds General fund 170,083 (134.217) 35,866 Restrleted funds Restrieiled Funds 285,177 (349,539) 164,362) TOTAL FUNDS 455,260 (483,756) 128,496) RELATED PARTY DISCLOSURES There were no relaied party transa¢iions for the year ended 31 tk¢ember 2025. Page 9
Wellborin Deiailed Statement of Financial Activities for ihe Year Ended 31 December 2025 31.12.25 31.12.24 INCOME AND ENDOWMENTS Donatlons and legaeles Donations 277.389 177.147 lllvestment Intome Deposit account intere$t 350 374 Total incornirtg resoure 277,739 177.521 EXPENDITURE Charitable actlvltles Drilling aciivilie5 Sundries 217,775 31,655 205.167 28,458 249.430 233,625 Sllpport costs Govtrnanee costs Ac¢ountancy and legal fees 368 333 Total resources expended 249,798 233,958 Net incomel(expendilure) 27,941 (56,437) This page does not fonn part of the slatutory financial 51at¢m¢nts Page 10