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2021-08-31-accounts

Myraswells Myra's Wells Statement of accounts Year ending 31st August 2021 Page I

MYRA'S WELLS REPORT OF THE TRUSTEES For ihevear Ended 31Augu5t 2021 The trustees present their report with the finaTroal statements of the charitylor the year ended 31 August 2021. The tsu5tees have adopted the provisions of the Statement of Recommended Prattice ISORPI applicable to charities. istered Char number.. 1143345 Trustees G E Martin BEM Tcarter K Martyn P Martin L Partridge S Warr M Anness J Pusey Cjones J Nash Bankers Uoyds Bank plc 84 Victoria Road Ferndown Dorset bFf22 9JB Governing document The governing doojment isthe Declaratton of Tnlrt dated 15 August 2011 and 5ub5equently rnodiffed on 311712019. Ri%k Marnagement The trustees have a duty to identify and ￿leW the risks to which the charity is exposed and to ens￿re thai appropriaie controls a￿ in pla￿ to provide reasonable assurance against fraud and error. Procedures and policy for charitable distribution of geneial fund5. During the year the Trustees will meet to disoJs5 and IxJn5ide¥ requests for we115 received from villages and Communities. The Trustees ￿11 also consider Tequests from organisations that have approached the charfty or which the Trustees have tome into contatt wtth. whrth reqtsirÈ financial 5UPPOrt in line wtth the objECts and activities of the tharity. Trvstees, Remunerarion Duringthe year notrustees were paid fortheir St￿￿5t0 the charity. Page 2

08JECTIVES AND ACTIVITIES Objettive5 and aims The Objects of the Trust as stated in its Trust Deed dated 15 AUg￿5t 2011 as amended on 31"Juty 2019 are-. lil to preser¥e•nd protectgood health byprowding fina[￿{0[ the drillingof wellsandthe provi510TI of clean water and to ensure wells are maintained and in working ordèr.. lill to advancè educatton by provtding asss$tsn￿ to %hools. in particular but not exclu5i¥ely through the provision of equipment and supplies fOrSch￿￿5.. and liis) to relieve finanaal hardship by SUPkNXts"ng small agriCUl￿ra1/h0rhcultural projeLts' and (lvl to advan￿ religion by passingon gifts forthe purchaseof Christian litetature, induthn6 bl￿e5. to churches where poverty makes it impossible for local peopleto buy them.. and Iv) to prevent and relieve poverty and further other (hèritable purpose5 Ispecifi1311y, the social relief. resettlement and rehabilitation of person5 under a disatM"IFty or deprivation) by passing on gifts forthe relief of suffering caused by terrorist artivity land consequent pOpUla￿on rnigr3ty0nl, drought or other natural disasier. Significant activities The prime activity c￿tIn￿ to be the drilling of well& All are directed to wells projects. unle55the dorbors specifiolly iequest that their donation be used ttr*ard5 one of the other Objects set out above. While new boreholes is the principal activity. Myra's Wells is happy tofund projects to repair and restore non-funttioning we115 if this 15 C05t eftective. When reviewing applicatlOn5 forwells, the question"Are there any non-functioning wellsy is keyto a decision aknut drilling a new borehole. ACHIEVEMENTS AND PERFORMANCE Wells orojects We continue to be amazed at Ihe blessings tsf God. This year, September 2020 to August 2021, has seen the highest number of wells drilled in any of the 15 year5 that MyTa's Wells has been workin& As In previous ￿a¢s, sltes ha¥e been grou￿ by geographic Ic)catlon 4• so that the drillinE contractors are able to spend a week. or ttvo weeks. in the Same area. As the sites have been far spread, this is clearly the m05t economical arrangement. The areas where the new t￿holeS are lorated a￿. When the ground had dried up after the rainy 5ea50n, the first wells to be dfillÈd were Dear to the town of Koudougou. There are four new wells here. The wells here induded one at a -Centre for the 81ind-. The grand name belies the fact that this is just a small compound on the edge of a vi51age. Whe￿ bllnd people are able to congTegate in relaiive safety. Itwas ¥rarted by a Christian lady, herself blind, as somewhere forthem to rneet. They had ornly an open well to Use. Myra's Wells arranged fora borehole to be drilled and finsshed wlth a water tower. Thi5 Page 3

towerls located outside the compound. but with a tap inside the compound. There is a tap outside for tho vsll38È peopleto Use so thatthey benefii from the well too. Anotherwell here was near to a sc)K￿l so that rt benefttted the sthool child￿Th as well asthe village. We had heard of many plaie5 in thss area that have great need of water, so a batch of four were planned here. together with one near Koudmi on the way. Sadly, one of these pla￿5 Te5ulted in no water being found. However, at one pla￿. the borehole produced a flow rate of 18.L litre5 per hour. This 15 the second gr third htghestflow rate ever produced in Wfa's Wells. history and we spent Some time Considering the best use of that volume of water. The decision was to erect a large watertower with a 10.(KK) lit￿ metsl tsnk forwater 5tor3ge. Thi5 meanl the projort wasthe most expensive single well PTojettthat has been done at around £I8.L￿. However. as there is a large population in the area, the potential benefits justified the ts)st. 3) Kay We heard of a refugee tamp near to Kaya where many Internalty Displaced Persons were resident. There was also anothef request from a village in the a￿8 and we det4ded to go and drtll there. Inthe event, another charity prowded a well atthe ￿fugee camp. we still went and estab145hed a good well at the other village. The securitysituation in this wi¢Jn continue5to deteriorate. However the drilling contractots We￿ willing togo there. This region of Burklna Faso seems to be Somewhat neglected. The photos that we ask for when consideriThE sites Showed very poor condition5 in general and the water available was neady afv4ays dirty watèr from open we115, rivers and small lakes. Five we115 were planned. Again. one site turned out to be negative, but the other four sites were all positive. 51 Bobo gi￿1{p5s0 The circumstances of the three planned boreholes here were somewhat exceptionèl. One projert was a joint projtctwith another UK tharity (Jacob's Well Appeal) which runs a school in Bobo Dioul3550, catering malnly for refugee5 and orphans. Jatob's Well had purchased a small holding on the edge of the city which they wanted to usÈto Erow vegetables to feed the thildren in the school. For this. an irrigation system was needed. There is also a growin8 area of houses close to the smallholding and Jacob's Well war*ted io Make water available to the peO￿e there. At Jacob's Well's request. Myra's Wells arranged the borehole avd they arranged for a watertower to be erectetl. Two otherwells were also drllled he￿ ir￿UdI￿ arhother one wherethe finishing option was a water tower. Page 4

6} Sud-ouest region • This is another area where there ts great need dean water. Five new wells have been provided in the area. including two pla￿S where the suNeyor said that they were the worst conditions he had seen. In these two places. ladies were walking up to 7km to fetch water from a muddy pond. It hs a ￿al pleasure to be able to provide wells in places like these. One of these tsvo villa8e5 was so remote that the drilling contrartor5 almost gave up trying to reach the village when they were just 3 km away. It was only when the men from the village arrived and cut a path through the bush with machete5 that the drills could getthere. 7) Otherploces Further wèlls havè been completed closerto l)Jagadougou, then more in the Centre-Est region and one morè in Haut Bassins region. Another unusual well project was at the school at Natiera. Isee Non-well Projects below). Myra's Wells provided some of the finance for thi5 Christian school. The school arranged for a well to be drilled and asked if Myra's Wells would help by furbding a water tower. This tower is fumished with a So￿ litre tank. 81 And50me more we.lls in As funds were available. it was decided to try to drill a few wells in SQTne of the expanding town5 20 krn 50Uth of Ouagadougou. With rnany people fleeing from the extremist activity in the north, these areas are seein8 expanded populations withoLtt the provision of water. It is unusual tg be able lo drill in the Fainy season. but there was a window of opportunity before the worst of the rains started. Five more wells were drilled. four of which were finished with water towers. Of the 38 we115 drilled in the year, 16 have plaques indicating that they have been funded by individuals or other charitable organisation5. As a Christian charity, we recogni5e the goodness of God in all that has been done. Page 5

Water Tov.'ers It may be noted in the above that Myra's Wells has constructèd a number of water tower5 this year. Water towers, fed by solar powered pumps, are more expensive 3s finishing options than hand pumps. However, there are benefits in having water available from the taps that are then fitted. Not least is that it takes less than I minute to fill a container from a tap compared with up to 4 minutes by using a hand pump. There is clear5y a cost/benefit judgment in deciding to spend more money Bt Trndividual locatioris. In some oses. a water tower ha5 been installed because the flow rate (measure of sustsinabilityl has been good- sometimes amazingly good. In these cases. the local circumstance5 have to be asse55ed and a judgment made to ensure that the local people will be able to make use of the faolity. In other ca5e5, It 15 deemed that a w3ter tower is needed for pragmatic reasons. This is the case. particularty, nearer to Oijagadougou. Other agencies are installing watertower5. If Myra's Wells dri115 3 borehole in these areas then finishes with a hand pump, there is a risk that it will not be used as people wtll prefer to walk further to a water tower. orthe 38 boreholes. 10 have been finished with water towers in this year. The average cost of this as a firbishing option 15 about £350 more than a hand pump sn the immediate Ouagadougou area. Further away. the cost is greater. Cost of Wells The average tost of wells has increased this year. A small part of this is the increased price of pumps. A bigger factor has been because we havÈ finished more wells with solar powered pumps and a water tower with taps. The overall average cost of each well projert was £5.5(KJ overthe 38 positive completed projects. This average includès the cost of-. 27 positive projects which were finished with hand pumps. 9 projerts where Myra's welLs undertook the drilling and finishing wth 3 water tower I project where Myra's Wells undertook the survey and drillin& and another agency undertook the finishing (with a water tower) I projert where Myra's Wells undertook the finishing with a water tower after another agency had already undertaken the SLtNey and dtillin8. This was at the school at Natiera where Myra's We115 had already helped with the construcbon costs. Page 6

There were 3 projects Whe￿ drilling was unsucce55fv1 where the costs were the survey and the negat&ve boreholes. More detailed analysis shows- The average cost of the 27 we115 finished with hand pumps was £4833 The average cost of wells the 9 project5 finished with water towers was £7467 PJoLes pbiilt Jro,ec:.s t should be noted that the figure atr*)ve is skewed by the cost of one projert at Saatenga. Here, the flow rate of I8.￿0 was exceptional and the trustees deemed it rtght to use a 10.(MJ) litre water tank as the water would be made more useful to the whole village of over 10.iXKI people. The c05t of thi5 one project Wa5 £18225. Considering just the other 8 projects finished with water towers. the average cost was £5742. 5 of these 8 projects were within the"greateff Ouagadougou area. These projerts were all rinished with 5,000 litre plastic tanks. Partly due to decreased travelling costs, the average of these 5 projects was £5278. This 15 onty £350 more than the average for using a hand pump. A5 Stated in the previous section. it likely that water towers with 5(NX) litre plastic tanks will become the norm in the Ouagadougou area. Well maintenance The maintenance regime, in the hand5 of a local committee, contiftues to be used. The committee at each well consists of five. six or seven local people who agree to take on responsibility forthe maintenance and proper use of the well. The commtttee members cover the roles of:

President Treasurer Secretary Maintenance supeNisor Health advi50r The treasurer is responsible for collÈrting very small monetary amounts, from those who use the well regularly. which is kept toward5 the cost of routine maintenance. In the unlikely event of the pump developing a problem, there should be enough in the funds to cover most repairs. Training in the use of the pump, cleanliness of the pump area and personal hygiene, is given to as many of the village people as possible. In areas where some children have nevèr washed. this advice is very necessary. The committee, together with as many as possible from the village, receive basic trainirsg from a professional trainer. If the well is completed with a hand pump, after the training is given, a small kit of grease and other parts 15 left with the committee memberl51 re5P0115tble for the pump maintenance. Well committees are established irrespective of whetherthe finishing is a hand pump or a water tower. Page 7

Non-water projects There was just one non-water related project during the year. Following the provision of a well in a vi51aBe called Natiera in November 2019. the local church wa$ given a piece of land on which to build a senior School. This was to be an extension of the education work already being provided by an existing primary school in a village which had no senior education avallable. They were able to provide good proportion of the costs but asked Myrd's Wells to help with the balance. This turr7ed out to be E20,5(K). In line with the Object liil, thÈ tfustèes agrèèd to do this. A special fund received gift5 for this project as all 'normal' gifts go to wells, and almost all of this expense was paid from within the trustees. The school is now completed and operational. The running of the school is being overseen by the local churches. Contacts Our main contacts, in the process of fEnding the most needy villages, continues to be our church and mission contscts in Burkina Faso. togÈther with retired missionaries who havÈ their own trusted contacts still in Burknna F3SO. Forthe Rotsry International wells. the sour￿$ of information arethe local authority O￿l¢e$ in the variou5 districts. Containers In line with the Trustee￿ decision reported previously, no containers have been sent to Burkina Fa59 thi5 financial year. Prospective 4x4 purchase There is a proposal to buy a new 4x4 vehide during the nert financial year. A second hand 4x4 was sent to Burkina Faso some years ago in a contsiner and it ha5 served well. However there are two circUmstan￿S that make tt necessary to replace it: 11 It has been well used and the cost of Maintenan￿ is now too high,. 21 More èmphasis is bein8 pla￿d on 51te visitation before and after we115 are drilled. Toyota have a dealer in Gibraltar who is experienced in supplying vehide5 to charities in Africa and it IS experted that a new vehicle will be purchased soon. This vehicle will be paid for by Myra'5 Wells UK, bul will be owned by Myra's We115 IBurkina Fasol. As it will be used in the process of prèparation before, and inspection after drillin& the Maintenan￿ costs will continue to be paid by Myra's Wells IUKI an¢J will be treateil as an essentizl part of the cost of drilling wdls. Trustees visit to Bvrkina Fasn The normal plan for visits to Burkina Faso 15 for two or three trustees, and Sometimes one or two others. to visit BLtrkina Faso in the month of13nuary. Despite the pandemic. the￿ wa5 a plan for Eddie Martin to go a5 Ltsuol in January 2021, accompanied by a friend. However. the Air Maroc flights that had been booked some time previously were cancelled due to Comn3wrus. Travel was almost. but not quite. impossible, and so when Air France restarted flights in March, Eddie was able to visit for almost 2 weeks. Jeremy Nash travelled separately and was still there when Eddie arrived. From the planning stsge and throughout the vi51t. things were very different from normal. It was not Page 8

possible to obtèin visas prsor to travel. but we did get special permission to obtain visas on arrival. The rtsle5 regarding travel were very restrirtive. as travel needed to be officially approved, and PCR tests taken. Eddie's local surgery co-operated by arranging his COVID vaccines before the trip. and a plus point was that there was not, and so far has not been, any significant outbreak of the virus in Burkina. So. in the end, the travel was possible, if not stressful. especially when changing flights in Pari5. In Burkina. the big problem was the heat. Most day5 It was over 40 degrees C, which made really long trips just unwise and very uncomfortable due to the heat lack of ali Conditioning. and the state of the roads. Hopefully in 2022 we will have the benefit of a new 4 x 4. The time in Burkina was spent la￿elY as it usually is, athough scaled back on account of the heat. It was good to meet the local Myra's Wells, volunteers. and vislt several new wells and sites for potential wells. The "highlighy. when it came to new wells was to see the well and the water tower at the Blind Centre. near Koudougou, and also'simon's Well, at Ramongho, where, in addhtion to providing a well, we were able to take Bibles to a local Christian kh(K)l. Partly due to the heat. Eddie and Jeremy wsited different places. Jeremy went to the distsnt Tenkodogo area to look at many potential sites and also recently completed wells, e.g. at Basbedo, and Eddie stayed nearer to Ouagèdougou. and visited Palpagdo and Sinsinguisie. and other places in the Koubri area, places where we had either been able to put a well and a water tower, orwere contemplating drilling. During the time in Ouagadougou, the church had arranged a celebration of the 100 yearfs anniversary of mi55ionary work in Burkina Faso. At thbs event, Eddie was thrtlled to "accidentall￿ meet, among the many thou$3nd5 present, a pastor from the Ea# of the country where we had been able to install a well and lO,(N￿k11tre tank. It is hard to describe hisjoy and happiness. The vi51t was an encouragement to the Myra's We115 IBurkir¢a Fa501 trustees and volunteers. Well site selection It continues to be difficult to obtsin ififormation required to make decisions about whsch 51tes to drill. Much of this seems to be down to literacy rates amongst those who are responsible in the villages. However, the redesign of the -Application Form- was completed near to the end of the financial year. It is awaiting translation into French and will soortr be in use in Burkina Faso. Some questions have been removed and others have been rephrased. askingfor the time it takes to reach existing water sources. rather than the distance. A new "In5tructions~ sheet has been incorporated and more empha515 has been laid on photographs of existing sour￿5 afid the spot where the new well is prop05ed. We will also be asking for site visits to be made. To this end. it is experted that a nijmber of reliable contacts will be confirmed covering areas of the country. These contacts will be given a small allowance for petrol to enable them to visit sites. takè photographs and validate the informatson given on the form5. Fundraising As in previous years, there have been no significant fundraising events this year. As a Christian charity, wè acknowledge the funds are made available as Gi)d prompts people to give. As this year ha5 seen the highest income in the charity'5 history. we give God the glory. Communication with supporters Page 9

Report meetings using Zoom have been held for 5UPPOrters. These have been well attended and well received. There have a150 been Zoo¥n report meetings that have been for specific churches. The regular quarterly newsletter continues by emahl lusing Mhilchimpl and by post_ At the end of the financial year, there were 367 recipients for the emails and about 30135 regular recipients for the posted newsletters. The printed new51etters are a150 used a5 -promotional~ material when speaking to others about the work. The "open rate" for the emails was between 55% and 65%. as ￿ported by Mailchimp. In addition, a sub-set of those on the malling list have asked for more regular update5. These are sent when there 15 a specific requestfor prayer- oranswer to prayer. The"open rate" for this sub-set IS Usually in excess of 85%. RISKS Risk assessment A Risk Assessment document is available upon request. Covid-19 As in the p￿ViouS year, Covid-19 has had very little impart on the charitable attivities of Myra's Wells. The infection rate in Burkirta Faso has been very low. There are no travel restrictions in place in Burkina Faso at this time and it is anticipated that drilling will be restsrted in late Ortober. However Covid 19 has had an effect for Myra's Wells in the UK as we have not been able to gtve report5 at churches and other venues. UK and Burkina Faso travel rules meant that the TrusLees' vi51t in 2021 was delayed and had additional costs attached for tests etc. In line with the"l(*YA to projert< mantra, the extra costs were covered bv donations from trustees. At the time of writing this report, some of these restrtctions have been lifted and Royal Air Maroc have restarted operating to Ouagadougou. Security and Terrorism The news agencies continue to report terrorist attivity in the north and east of Burkina Faso. As in previous year5, this has prevented drilling in SOTne of these are35 where Shortage of water is a very real ' problem for many people. In particular, it is not possible to drill in the Sahel region. Some parts of Centre- Nord and the province of Sanmatenga are also not accessible. along with parts of Est region beyond Fad3 N'Gouma. Unfortunately. there have a150 been reports of more terrorist activity in the south-west along the border with Cote d'lvoire. Indeed, one village where we drilled this year has since been visited by the extremists. The situation is being monitored and advi￿ is taken from the local people before asking for wells to be drilled in these and other areas. This may impact decisions about where drilltng take5 place during the ext year. Once again. the sltuation with security threats will have an effect on the decisions about visitin8 land which areas) in JanLtary 2022. Page 10

Data protèction and Child Protection policies These policies are available upon fequest, and exist for both Myra'5 Wells UK and Myra's Wells Burkina Fa50. ADMINISTRATIVE MATTERS Relationship with Myra'5 Wells (Burkina Faso) Myra's Wells (Burkina Faso) IMWBFI is a charity registered in Burkina Fa50 to carry OLrt operntions there. Thi5 operates in the s3mÈ way as the Myra's Wells. Nobody involved in the charity receives any remuneration, although small amountsare paid for expenses (telephone ca115 and travelling in connection with making arrangements for tF>e drillinE operation). The Trustees are all Christians who give their time voluntarily. Requests for wells are collected by MWBF and forwarded to Myra's Wells Trustees. The decisions about which villages shotjld be included in the drilllng program are made in the UK. When these decisions are rnade, MWBF volunteers mèke the arrangements. Funds from the UK are deposited in the bank acthuntof MWBF. Burkina Faso is very much a cash society. Drilling contractors. surveyors. builders. pump suppliers etc arè all paid -cash on the nail" Receipts are obtained and copies of these are sent to the UK to demonstrate that money has been properly used_ MWBF owns a minibus and a 4x4. which was donated in UK and shipped to Africa, and 15 used for tran5POrting people during the drilling process. This includes any site visits before and after the drilling proce55. Myra's Wells regards costs as%Kiated with this minibus to be part of the cost of drilling wells. It is this 4x4 whid) is planned to be Teplaced in the next financial year. NGO sl3tU5 Atthe end of the financial year, the rebry5tration of Myra's We115 a5 an NGO in Burkina Faso was completed. One of the main benefits of this registration is that import duties will either be waived or considerably redLSced. Thè decision to buythe rbew 4x4 was delayed until this process was completed. The cost of this process has been paid by the UK trustees. Workload in Burkina Faso We continue to encourage the Trustees of MWBF to find more people to help wth the administration. Plans are now in place during 2021122 to ￿¢ruit a small number of volunteers. in different areas of the ntry. who are prepared to travel to prospective sites to obtain photographs and valFdate the information given on the application fomis. These people will be paid an allowance to cover the cost of travelling. Another volunteer- a lady English teacher- ha5 volunteered to help with vetting the application forms. This is helped by MWBF Inow reco8nised as an NGO) being provided with an office tn a room at a church building of Assemblies of God in OuaEadougou. Trustees There have been no changes to the trustee5 during the year. Page 11

FINANCIAL REVIEW Summary offinances Income Totsl income in the yÈarwas £221.934. £198.845 was donated for Wells projects during the course of thÈ year. This was £92,000 more than the previous year. 16 of the wells that have been finished were paid for by individua15 and other trust funds. After adjustments fr)r a larse amount donated before the year end. but not used until after the year end appears in the accounts as £174.606 with £20,fxKI being shown in the creditors section of the accounts. (See the Major Donors) paragraph below. Mojor Donors One fflajor donor this year was the Rotary Club INorth Berwitkl. As part of an ongoing project, we received £20.OC4J from Rotsry in this financial year. Because of difficulties in obtaining information about possible sites, none was spent in this financial year, although some has been Sent to Burkina Faso in anticipation of a site in September. As of the end of the financial year, the full £20.(XK) is shown as in the creditors section of the balance sheet. With the donations being substantially up. GiftAid was also up and this resulted in £29,410 being claimed. Donotedfor other purpose5 £20,$00 w35 donated towards the school at Natiera. This was mainly from 3 individuals. £5.333 was donated lalm05t all by trustees) to cover all administration costs. Thi5 includes travel, publicity, governance, stationery and postage etc. After adjustment for prepayments etc., this appears as £5,608 in the accounts. E¥r:'17diiure . During the year, £206,184 was sent to Burkina Faso for wells project5. £20,5￿ for schools w35 also sent. At the entl of the year, the amount still in the bank accounts in Ouagadougou was 3,344,305 CFA- approximately £4.644. Spending on administration was £4778. This was £2(K)O less than the previous year. The main dsfference was in Publicity whsch was high the previous year because of the redesigned leaflet and diaries of the visit to Burkina. There is still a large stock of leaflets and this yearfs vI￿t resulted in a much smaller diary. There was 3150 a large exceptr.onal last year in the form of backdated Ju5tGivin8 char8e5. Exceprional costs The only real exceptional cost v￿$ the £20.5(X) used for the school at Natiera. Funds cGrriedforward5 Although we were able to drill five wells in )ulv/August, donations that came from about April onwards mean that there is an amount of approxhmately £85.850 being carried forward into nexi year. This Page 12

amount includes £20.(XX) which has been given by the Rotary Club (North BeTwick) to fvnd we115 for them. Of this~carried forward" arnount. £1125 15 for administrative costs. The balance of £84,725 is available for we115 projects. These funds will be used as 500n as possible in ALttumn 2021. starting when the ground dries out suffi¢iently for drills to be taken to villages. The loan of £4200 to Rotary Club in the previous year has been repaid. Indeed, as noted above, Myra'5 Wells holds funds now donated by the Rotary club. These funds will be used as soon as possible in the new financial year. In order to be able to report the use of Rotsry funds. a separate bank account has been set up in Burkina Faso. The accounting in UK will be done by keeping separate recor[15 of funds sent and spent. Pledge." -l(X)% goes to wells" Myra'5 Wells continues to honour the pledge that all monies received from donots, and 311 tax reclaimed, will be used to finan￿ the well projects, unless otherwse specified. The trustees personally fund all other Èxpenses. Gift Aid and VAT, reclaimed on donatrons made bytnjstees foradministration costs. will normally be used for wells projects. On occasions, however. 3 portion of this reclaimed tax may be used for administration costs. Bank Accounts Myra's Wells, bank ha5 been Uoyds since the charity was ￿elstered. The main bank accounts are still with Uoyds. During the year. Myra'5 Wells has opened an account at Currency Cloud using the portal provided by Jackson Swiss Ltd. Accounts are open for GBP. EUR and USD. This has made the process of transferring money to Burkina easier as well a5 a roLrte for receiving donations in USD. More importantly, tt enables U5 to buy Euros at a time when rates are advantsgeoLbS rather than having to Ltse the rate5 that are available when we need to transfer money to Burkina. Myra's Wells shows Cashflow as two separate accounts with Uoyds plc.. and two accounts held at Currency Cloud. The accounts at Lloyds are.. btrL?Ils oc.-o': All donations are deposited in this account. including stsnding orders, cheques, cash ant1 payments through on-line 8ivinB Slte5. The only eX￿ptIOn to this is on occasions when the donor requests that the donation be used for a 5pecrfic purpose other than the provision of wells. Admin account This account IS Used for: o Gifts received for administration and publioty: o Gifts specificalfy designated for vistts to Burkina Faso- Page 13

o Gifts Specifically designated for projerts which are not wells. The trustees make regular and one-off paytneFrts into the Admin account to cover the costs of administration travel and publioty. 04) Occa￿On$, a part of the GiftAid repayment which has been reclaimed in (onnertion with the 05L of containers Iwhich cost ha5 been met by donations from the trusteesl may be Plrt into the Admin account. GiftAid received on all other donations is PLrt into the Wells account and used towards we115 projects. Any transfer5 between the two funds are ful￿ documented for the Accounts Examiner and details can be provided for anyone who would like to know more. Currenry CloudAccount There are two atcounts held here= GBP account Funds are kept here waiting for a"target ordert to be triggered to buy Euros at advantsgeous rates. Norn)ally. transfers into the account will be from the ￿elEs. account at Uoyd5. EUR account When Euros are boLEght. they are kept here to be sent to Burkina Faso. FUTURE PLANS Well projects It is anticipated that about 15-18 we115 will be attempted during October. November and December 2021. ThÈ5e are likely to be in three orfoLEr 3rea5 of Burkina Faso. induding the south west, 50Uth east and the Ouagadougou area. As there has been rnore terrorist activity in Iparticularlyl the south west. these plans will inevitably be subject to the situation in the immediate vicinity of the v711age5 where drilling is planned. Advi￿ will be soughtfrom the local gendarmerie and other secur5ty aÈencies when the time comes. A5 noted previousty, we anticipate that more boreholÈs will be equipped with solar powered pumps and water tower5 going forward5. The benefrts that this brings. in reducing waiting times and increasing the ses of water. justifies the Increased costs associated with these projects. TRAWSPAP,ENCY OF REPOgT!NIG Myra's Wells has a policy of tomplete transparency in all aspects of the work they do. Should there be any questions about any part of this annual report, including the financè, you are welcome to email us at raswells.or whether your interest is as a donor, supporter or a casual reader. TRUSTfES' RFSPONS',BIIITIES FOR THE ACCOUNTS Charity law requires the tnsstees to Prepa￿ accounts for each financial year. which give a true and fair view of the state of affairs of the trust and of its financial activities for that period. In preparing those rinanci31 statements. the trustees are required to- select suitable accounting poliaes and then apply them consistently: obseThe the methods and prinaples in the Charities 50RP: Page 14

make judgements and estimates that are reasonable and prudent- and gtate whether applicablè UK accounting stsndafds have been followed, subjert to any material departures disclosed and explained in the financial statements. The trustees are responsible for keeping proper accounting records which disdose with ￿aSonable accuracy at any time the financial position of the charity- They are also responsible for safeguarding the assets of the charity and hencè for taking reasonable 5tep5 for the prevention and detection of fraud and other irregularities. The above report was approved by the Trustees on .... 3ts.CJf. L 20è1 and signed by= . Tnjstèè Page 15

Myra's Wells Jndependettt Exrdminer's Report to the trustee5 of Myra's Wells I retth to the charity tnLSeS OD rny exaTniDatioo of the accounts of ￿ chartry for the ye4r erldd JI Augwt 2021 vAJi¢h ate set out OD pa8es 17 to 24. Respective re5tAbll51billties oftru9ttts and examl As the cbarity's trustees of Myrd's Wells you are responsible foi the prepaNion of the accounts ill accordance with the wuiremellts of the Cb2rtttcs Act 2011 ('th¢ Act.). l Trport in r¢sp¢ct of my examination of Myrd's Wells's a(tstmts carried out under stttion 145 of the 2011 Aet and in canyÈng out my examination I have folknw¢d all th¢ applic4ble Directions given by the Charity Commission under ￿tiOtt 145{5Xb) of the ACL Independent exxmitter's 5txieme I have Completed my cxBmtDation. I confitEll that matts bav¢ com¢ to my attention in Cotm￿tion wtth the ex8minatioi) EtvrDg (ause tybelieve that ID any rnatcrial r aecoulltiDg records were kept in rc¥ttt of Myrns Wells as MW1r￿by section 130 of the Act or 2. the accowrt5 do Nyt accord with those records: or 3. the &tcowits do not Wlnply wsth the accwlting r4UIrenJ￿ concerniog the form attd content of accounts ser out in the Ctwitie5 (A¢MuJts and Rqx>rts) Regulations 2(M18 other any rwwrement that the accounts give 8 't￿￿ aThl tair view wbich is rA)t a matier considcred &8 part of an indepetht I have uo COllCeTll5 and have come aLTO&% TLO other tnatters tti co]ktsection with the examI￿on to whi¢b attention should ir in thi5 reFrf)rt order ￿ ewthle a prow understsnding of the accounts w be rea¢he(i Wint]e Ind¢pendent exarniner A850¢iati¢)o ot A¢¢owtting Technici￿ 27 Bascott Road W211isdown Bourn¢mouth BHI 181U Page 16

Myra's Wells ststement of Financial Activtties for the Year Ended 31 August 2021 Tolal 2021 Tot41 2020 fund5 N¢rte lTrcnme xnrt Endo￿tten￿ frr•m'.

natitsns and legacies Total incoTne 221,934 s.￿8 227.542 130.873 221,934 5,60S 227,542 130.873 Exprndithre on". Raising fimds Charitabl¢ a¢tiviti¢s {798} {3.995 (7981 {230.679) (4.087) (135,2791 (226.684) Totsl ￿pendIture 226,684) 4,793 {231.477 (139,3()6 Net {exrthditurcYiT￿orne Net rnovement in fimds 4.750 3.935 8.493 (4.750) 815 (3.9351 (8,49Jl ReconciliAtion of funds Total ftmds brwght forward Totsl fiyjds carried forwTrd 7(763 246 77,11 8.493 io 72,013 1,061 73.074 All of the charity's acuvtties derive from conilnuitig ormiions during fv atrf)v¢ wi(#ls. The fun(Ls breakthjwn for 21120 is shovrn ￿￿e 10. The ¥￿te5 OTJ pages 19 to 24 fwm an integrdl T￿rtof thesc fimrtial stataneDts. P&8e 17

Myra's Wells Oiegistrntion number: 1143345) Balance Sheet as gt 31 August 2021 2021 2020 CurreDt ssets Debtors Cash at bank and in hond 7.550 85.8511 14,462 62,898 93,408 77.360 Creditor8: Amount$ dut y￿r Net 120,334 1351) 73.074 77,IM)9 Funds of the tbarity: Restrkted fuRds io 1.061 Unruiricted ill£DAll¢ 72.013 76.763 Tot1 funds io 73.074 77.(M)9 The fir￿n¢la1 Staterllcr￿ on pa8¢s 17 to 24 w¢rc apwjvcd by thc trustr¢s. and aJJthorised for issue on aT¥J Si￿e￿ ¢)ft theÈr bdmlf by. E MtirtiD The note5 ¢)n pages 19 to 24 fm aD integral part of the9e finwial stateme￿. Page 18

Myra's WelLs Notes to tbe Thancial Statements for the Year Ended 31 August 2021 l Accounting Ststem¢nt of compliance The fiTrancial Statcrl￿ts havc FKCQ prq)ared in accordwncc AccounttTrg and Rer￿ting by Charities.. Ststement of liecomm¢tthd Practi¢e applicable kn chariti&s preparing their acc4)knttls in accordallce with the Fin2n¢ial ReFK>rttng Standard applicable in the UK Republic of Ireland IFRS 102) leff￿tiVe l Jalluary 20151- (Charities SORP (FRS 102}), the Financial RO￿l￿g StaThJard applicablc in the UK and R¢public of IrelaDd {FRS 102) and the (]]arities Act 2011. Basis of preparat50 Myra's Wells mcets the defintbon of a pthli¢ etitity UDthr FRS 102. Asscts aJknJ liabilities iDitsaUy reLO￿lsed at historical Cost or trdtLsactiinJ value unless (thenw5e Tn thc relevant a¢counting policy notes. Eiemption frnrn propriog a esh flow stternent The charity opted to eady adopt Bulletin I publisbed on 2 Felxwary 2016 aTrJ h&ve drefore not inclth t c&sh Goi￿8 ¢O￿tEr71 The trustecs consider there gre Do material the dwity$ abilTty to continue Is & going i¢ern. come and eDdowrnents All Encomin8 res(iurees are in¢ludgJ on the StameTrt of Finatscial AcivAties fbe cltaEity is Iwlfy entitbj to the income alld the amowit ¢an b¢ quantifi•J ith re&4)nable accuracy. DoMlion$ legac DonatioTLS and legacies Tecognisal receivable basis whaj re¢etpt AS probable and the amount can be Teliabty measwe Expthditurt ExpeThJittwe 15 accounted foron an accruals b&sis. R4isinglunds trdding activities that ralse fimds. Ckrtrithbl¢ aritable expmditure comprises those costs iDcurred by the charity in the deIivery of its activities and services for its beneficiaries. It ittclthles EK)th costs that can b¢ all(Md diKctly to activities aftd those tosts ora Covern8nee tosts These inellldt the cAws atttibuÉable ts) the tharity'$ ¢ompliarKe with COTL5t1￿0maj aDd slaw requtmnent Pw19

Myra's Wells Notes to the ￿￿￿¢11 Statements for the Y¢ar Ended 31 August 2021 T•stio The charity is considered to pa&$ ￿ tests set OTrt in PaTagrW￿ I Schthle 6 of the Finan￿ Aet 2010 and therefo￿ it meets the defiDitioD of a Cl￿[1&bIe Company for UK ¢orwTation t&K pu¥rK)ses. Accordingly, the charity is poterttially ￿et￿pt froTn tsxation ID respe£t of inc4yne or capitsl gains recetved within categories overed by Chapw 3 Part I l of the co[￿ratiOn Tax Act 2010 or 5eetion 256 of the Tax3tton of ch￿geable Gains Act IW2, to the extent w¢h OF gains ar¢ 4)plicd eXCh￿1velY ￿ charitabl¢ purp)ses. Trade debitsrs cours¢ of busines& using the effective inter¢st meth(wl less provision for imtAimJenL A provision for the irnpaimrnt of ttadE debtors is estsblisbed th￿r 15 obje¢tsve evide￿¢ that the charity will be able to ￿)lle￿ due attording kn the oriwal tern￿ of the receivables. C•$b a￿d ea5h eqMivaleÈts C&8h 2nd cash i%y]ivalents Comwise cash on hwKI a￿1 call deixysit4 aTKI other short-terni highly liquid invcsimertts that are readily l￿￿¥¢rtiblc ￿ a amoum of and are subject tsj insigmfi¢ant TiSk of chaTrg¢ in val￿. Trade creditor5 are obligatioDS to pay for g(MKis or serviecs that have been acquired the ordinary course of b￿sInesS from suppliets. A(towits payable are cla5srfivJ as CUfTent liabilsties ifthe does not have an un¢onditional righL at the ¢nd of th¢ rerffiing period. ts) defw sett]cment of ereditor for at l¢xst twelve n]onths aftcr the reporring date. If th¢]r is aD unconditional Tight to dd¢r 5¢tt1¢nJent for at Ic&%t twe]ve ￿nthS alkr the rcp)rthn8 dat4 they are present￿] as non-CUTrent liabilities. are recogllised initialty at the tr#rLsthots price and wbseqU￿Y rn￿￿￿d at allM)rtised cost using the effective FI1￿d struetsre of the objectives of the charity. Restricied income are thos¢ dotmtrd for we a p8rticu]aT area or for specific putpose4 the use of which is restricted io tbat area or Pag¢ 20

Myra's WelL% Notes to the fillrdnCiAI Statements for the Year Ended 31 August 2021 2 Income frnm dontions a#d leReies fu￿d5 Cener#l fDnd5 funds tkmations and Itgacies. tkn&>ons fr(Fm itMlividy8ls Gift atd reclaitned 195.166 26.768 5.608 2(K1.774 26.768 Total for 2021 221.934 5,608 227.542 Total for 2020 125,054 5.819 130.873 3 Kxpenditure fullds ) Costs of gen¢ratkng dontioDs od leE¢ies Total funds fllrTrdi Mark¢tin8 and ￿blICIty Total for 2021 798 798 798 798 Total for 202 4,087 I'otal 4 Expwdltsr¢ oth ¢hritble x¢Ovltks ds Gener*1 Total W¢ll drilling and related costs School% and pupi15 SUPPOrt 2(kn.124 20.5 4,793 210.917 20.560 Totsl Tor 21121 226.684 4,793 231.477 Total for 21120 132,548 2,731 135,279 Page 21

Myra's Wells Note5 to the Financial Statements for the Year Ended 31 August 2021 5 Trustees remuDer#tion aDd expell No tn￿ee4 nor any ￿ COnDeer&l wÈth received ally ￿mUneration from the charity duttng the No trustees have rvxived HnyTelmbm￿ ex￿￿Se5 OTany oth# iMKfits fronj the tharity during th¢ yeaT. 6 Txtion 7 Debtors 21121 2020 4.238 33 10.191 VAT recoverdble (hher debtors 7.550 14.462 Other debtOT5: Gift Aid r¢claimable £1,516 FuD(Ls hcld in Burkina Faso £6.034 Totsl £7,550 2021 8 C&5h and cash e4uIvAlenlJ 21121 21120 ' C85h at baok 85,858 62,898 9 Creditor5". amounts falling ￿￿e on¢yur 2021 21120 Trade crediio 51 Other 6Teditor5 332 3(K> 20,334 351 Page 22

Myra's Wells Notes to the Financial Statements for the Year Ended 31 August 2021 10 FuDd$ Balance at I September 2020 B*lA￿e¢ #t 31 August 2021 espeDded Unrestrltted fllods Getternl Unrestricted funds 76.763 221.934 (226,684) 72.013 Re5trleted funds AdmillistratioD costs 246 5,fA>g 4.793 l.(k61 Total 77.IX)9 227.542 1231,4771 73,U74 B%l•4ee at I Septsmber 2019 Incothing Resource5 exptDd¢d Bxl#Dce ¥t 31 August 21120 Unrestrlcted fMnd5 Unrcstricled fiu]ds 84257 125.054 (132J48) 76,763 Restricted Admintstration ￿$ts 1245 5.819 6,818 246 Totsl fwids 85,502 130.873 (139J66 77.(K)9 The s￿]fic pwposes foT whieb th¢ be applioj are as follows." A¢hinistration fund.. This fu￿1 holds futmls speth"fi¢41ty d￿￿t￿l to cover the 8meT41 thinl5tratl￿ costs of the ¢lwtty Page 23

Myra's Wells Notes to the Winancial Statements for the Year End¢d 31 August 2021 11 Artalysi5 of Jet assets betwtell Total funds At 31 August 21121 fuBds Genenl funds 23￿1 120,3341 1.016 93.408 {20,334) Current liabilttiGs Total net a&sets 72,058 1.016 73.U74 Tot41 fund5 at 31 August 21120 General 77,114 351 77,3&) 351 Curreni ]iabiliiies Total ncÈ &wts 76,763 246 77,(K19 Page 24

Appendix yra's Wells. L-l>i of Vlells 3$ or 31. OILober 20: Plaque 28 Bilanga aviation East of Myra's 8utkina Well No. Location Zongo Boulimiougou (School) Bingo Village, Arbole 29 Matiakoali Gonsin (Called Gonse in the past) Zouma at Tom Ouezala at Dedougol Myra's Well Nellie's Well Lauren's Well Ka550n 31 32 Gatougou Village of Hope, Yimdi (Childrens, Village) 33 Souris at Dedougou Zangore /Dano Kimidougou Loumbila (college des jeunes filles de Loumbilal 35 Jack's Well Helga's Well Zimzemdougou Myra 36 Eddie's Well Taparkou Mangagou Laaro IFarml Fanka 37 Willage de fimbila Tenkodogo Village de Mogtedo V511age de Zorgho Willage de Tambetin io 38 li Geofge's Well 39 12 Zanquengin lorphanagel Edgar's Well 41 13 14 Ousi village. Nadiala Laado S3bou/Gounghin Village Tanghin Rai Village de Salmos Willage de Chekol Kooba 42 43 15 Isobel's Well 16 Dapani, Bog8nde Kankanssi. Bogande Bilanga Bible College Boukou / 5igle I proposed secondary school) Jean's Well James. Well Village de Zaabanega 17 18 19 45 Village de rita Napone Village de Kam5Si Hope Church Well Connie's Well 20 Tanghin DassourÈ ITaon5ghol Leo Monda (near Tenkodogo Bible College) 47 Willage de Nana 21 22 Village de Dimkoura Village de fiargou11 Willage de Solenzo Village de Zaar Village de Bouton Willage de Nebrou-Est 49 50 51 52 53 23 24 Kumbre/Dori SilmaguielDori Sylvia's Well 25 W3tir*oma at Tanghin Da550uri Village de Kasso Irillage de Kou Universityftimdi GOGOIKoms418a 55 56 26 27 Villa at Sabou Bilanga 57 PageAI

58 Bassimya Village de Gorom-Gorom 86 Gabou Faangre Koom Glenda's Well Stan's Well VIIM KOOM Za 4..14 Sylvia's Well Sylvia'5 Well 59 87 Noagtenga Village de SAPELO Village de Nedego Village de Goghin Village de RONDO SATEILINOGHIN SabtengalOuagadouBOU 61 62 63 Toukon Kuinkinkuilga 89 Kena550umbou 65 91 Potimanga 66 Bilandjari Gene515 Well 92 Sans Fil Secteur I Weedou, tknri 67 Margou/Piela Bango/Wadengo 93 Moira's Well Ivor'5 Well Moira's Well Sylvia'5 Well 69 70 Ziga de Zorgho Guemssoulmane 95 96 97 Wabaode Kokin Mopinga Yerganga 71 rigendalgue/Ouagadougou 98 Cross Country Trains 72 Komki Ipala Moira's Well Ron & Iris's Well 99 Ic¥) Debere Tangseega Nagare 73 College Protestante Annexe (Water tower) Ebenezer Sylvia's Well ioi 74 College de Dapelgo, Oubritenga Laado Peulh/Pibaore 102 103 Boundougui Yambassi Hedley's Well Sylvia's Well Mary's Well 75 104 SiguNousse 76 NagerforrinnilBogande 105 106 107 Manssita KiouralGanwogde Kourkour Godogo Benda Toega/Yagma Valleé du Kou, quartier4 77 Viou/Komkn Ipala Jo and Jamie's Well George'5 Well ICG 78 SilFniougou/Ouagadougou 1173 iio 79 Kovrilpidla BendogolKaya Gwen's Well Ashli's Well iii Toe8 Yamba Robert's Well Pam's Well Sylvia's Well Meg's Well Roger's Well 81 Kamboissin- Wobregre 112 Naf-Bank3 Saaba/Darsalam 82 Kankams5e Angela's Well 114 115 Likinkelse Yipaala 83 Kondissi Basanwara Philip's Well 116 Rouko 85 Vara/To Page A2

117 Loukar John & Sylvia's Well John & Sylvia's Well john & Sylvia's Well Harry's Well 149 150 Tonon Dakola Nigt5nga INigtuiga/NEtiugal Pougneerkougri Silverdale 151 118 Banamba 152 Rosemary's Well 119 Koumbovra 153 RoumtengalBouryiri Laongo Virtor's Well Ron and Mary Awesome Adam Windpagouri 155 Legbanon 121 122 123 Nadjen8oala Torokauro Passakongo Fouti 156 Natiera 157 Gnangbanan Kassigra 124 Eilleen's Well John's Well John & Sylvia'5 Well Ivor & Evelyn's Well Margaret's Well 125 Tanhoko 159 160 Sanatine LarpaT 126 N2550ugo Gladys, Well Lena's Well 161 Dangouindougo¥J rierkor Tioyo 127 Bougrala 162 163 Ray& Ruth's Well Sylvia's Well Margaret's Well 128 129 Yonbtenga Yambelga Djomga John & Sylvia's Well 164 Ou3dardou 165 Zorkoum 130 131 132 Sigr Bila 5apal3 Yil-YaalelGrande Samba 166 167 Tougre-N8p31gué Betty's Well Kaogo Bondoukuy Gossors Zone Colline, Toug3n 169 170 171 133 Pelit Samba Sissamba Riyalo Koutoumten8a YargholKinkirgho 5ot)gdin Bendego-Pelle Loripeni Secteur 2 Balantira-Nabara Gbomkoro Hougarou/Ougaro erideni Tambifagou Fandjora 134 135 136 137 172 Wakuy NabzingemlPadre/Yagma 138 173 Beryl's Well 139 140 141 142 174 175 Diebougou- repair Zagrouli- repair Roumtenga Yimdi 3 Yimdi IRetreatl Kamsandin 176 143 IT/ 144 178 145 146 179 Honest People's Well Simon's Well Charles, Well 147 148 Fafo Wouskossogo Ramongho Page A3

181 182 Simtenga Zinguendinguin IBlind ntrel Don's Well Tony and Wsnifred's Well Lena's Well Ruth's Well Coltrn's Well Souter Roe'5 Well 213 214 215 Ba550r rigundalbue Bissighinlsaaba Koanda de Gompela Tabtenga 216 217 183 Koudmi Saatenga Kamona Bantougrilsanrin Yabo 8a5bedolNebnooma 185 186 187 Wells marked in green are wells that were drilled in the year 2020121. We115 marked in pink have been drilled subsequently. Koure Georgina's Well Ron and Mary's Well Sylvia's Well Sylvia's Well 189 Gbadou 190 T￿rden1 191 Djefla/Diefoula 192 Legtjemz ABC School farm Boby Secteuf 3 193 194 SheriN)me GH N'YAO NDEEG Joyce's Well Hope Well Newsham GH 195 Bakonon 196 Kora 197 Kamelekogodougou Kerkou 198 199 Quartier Planteur Palpagdo SinsingLtene 200 201 SML P(M)le D&D's Well 202 203 Tanvi John & JennÉe's Well 204 205 206 207 WillylKalsogo Toanga Sampogretenga thmpaltenga Dabare Tougri Koadèra Natiera School Water Tower 208 209 210 211 212 Boasia Page A4