Myras Wells
Register Charity Number 1143345 (England and Wales)
Well number 295 at Pissila
Myra's Wells
Report of the Trustees and
Unaudited Financial Statements
Year ending 31st August 2024
Myra's Wells (Chartty Number 1143345)

Myra's Wells 31. August 2024
Myra's Wells
31" August 2024
Wel5 number 3¢X) at Tansobentenga
Contents
Report of the Trustees
Page I
Independent Examinerfs Report and Accounts
Page 22
Appendix- List of Wells
Page 31
Myra's Wells (Charity Number 11433451

Myra's Wells 31" August 2024
REPORT OF THE TRUSTEES
For the Year Ended 31 August 2024
The trustees present their report with the financial statements of the charity for the year ended 31
August 2024. The trustees have adopted the provisions of the Statement of Recommended Practice
ISORPI applicable to charities.
Re
istered Chari
number: 1143345 {Engiand and Wales)
Trustees
G E Martin BEM
Tcarter
P Martin
L Partridge
M Anne55
J Pusey
C Jone5
J Nash
Durin8 the year, Karen Martin lon 19 February 20241 and Sonja Warr lon 31" March 20241 retired as
trustees. The remaining trustees wish to thank them both for their help in the past and continued help
as volunteers going forwards.
Address for Corres
ondence
72 Oakhurst Road
West Moors
Ferndown
BH22 ODR
Bankers
Inde
endent Examiner
Lloyds Bank plc
84 Victoria Road
Ferndown
Dorset
BH22 9JB
Miss J A Richardwn
32 Award Road
Wimborne
Dorset
BH217NT
Currency Cloud
The Steward Bulldln8
12 Steward Street
London
EI 6FQ
Governin&document
The governing document is the Declaration of Trust dated 15th August 2011 and subsequently modlfied
on 31 July 2019.
Risk Management
The tnjstees have a duty to identify and review the risks to which the charity is exposed and to ensure
that appropriate controls are in place to provide reasonable assurance against fraud and error.
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Myra'5 Wells 31" August 2024
Procedures and oli
for charitable distribution of
eneral funds.
During the year the Trustees will meet to discuss and consider requests for wells received from villages
and communities. The Trustees will also consider requests from or83nisations that haye approached the
charity or which the Trustees have come into contact with. which require financial support in line with
the objerts and artivities of the charity.
Trustees, Remuneration
During the year no trustees, nor retired trustees. were paid for their serlices to the charity.
OBJECTIVES AND ACTIVITIES
Objects and aims
The Objects of the Trust, as stated in Its Trust Deed dated 15th Au8USt 2011 as amended on 31" July 2019
are..
lil to preserve and protertgwd heahh by providing finance forthe drillin8 of wells and the provision
of clean water and to ensure wells are maintained and in working order..
lill to advance eduth*lon by providing assistance to schools. in particular but not exclusively through
the provision of equipment and supplies for schools,. and
(illl to relleve Ilnantlal hardshlp by supportin8 small agricultural/horticultural projects,. and
livl to advance relS8lon by passing on gifts for the purchase of Christian literature, including bible5, to
churches where poverty makes It impossible for local people to buy them: and
Iv) to prevent and relleve poverty and further other charitable purposes 15pecifically, the social
relief, resettlement and rehabilitation ol persons under a disability or deprivation) by passing on
gifts for the relief of suffering caused by te￿￿15t activity land consequent population migratlonl,
drought or other natural disaster.
Public Benefit
The trustees have considered the Charity Commi55ion's requirements in respect of Public Benefit and are
5atlsfied that the artivities undertoken are for the Public 8enefit and in occordance with the charitable
Objects.
Significont ortivities
The prime activity continues to be the drillln8 of wells. All funds are directed to v￿115 projects, unless the
donors specifically request that their donation be used toward5 one of the other Object5 set out above.
While drilling new boreholes is the principal activity, Myra's Wells is happy to fund projects to repair and
restore non-functionlng we115 if this is Cost effective. When reviewin8 applications for we115, the question
"Are there any non-funttionin8 wellsf is key to a decision being made about drillin8 a new borehole.
TRANSPARENCY OF REPORTING
Myra's Wells has a policy of complete transparenry in all aspects of the work they do. Should there be
ny questions about any part of this annual report. including the finance, you are welcome to emall us at
info
m raswells.or
whether your interest is as a donor. supporter or a casual reader.
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Myra's Wells 31" Au8USt 2024
ACHIEVEMENTS AND PERFORMANCE
We115 projerts
By the grace of God, Myra's Wells has undertaken 25 projert5 during the year. The headlines are:
16 new wells fitted with hand pumps:
S new wells fitted with solar power pumps and a water tower:
I repair to a well provided some year ago by another 38ency;
> 3 wells upgraded from hand pump to solar powered pump and water tower;
no unsuccessful projects.
The baslc statiStlcs about the 25 projerts undertaken usin8 funds supplied from Myra's Wells IUKI are
these.
Percentage of expenditure on types of projects
Projects
Boreholes
drfued
%ol
C￿eTaIl
Costs
New wells drllled
21
27
88
Failed driltsng
Repalrs
Conversions
Tnt,I1%
li
27
loo
Drilling success rotesfor new wells
Myra's Wells normal policy is to try up to three boreholes at a gplen site. If the first borehole is negative,
a second will èlmost always be tried. If the second borehole is ne8ative, thought and prayer are given
about whether to try a third borehole. During the current year. the SUC￿$5 rate by number of boreholes
has been..
Success on 1st attempt
Success on 2nd attempt
Success on 3rd attempt
Failed after 2 attempts
Falled after 3 attempts
17
81%
io%
The I" borehole success rate of 81% was well above the previous yearfs rate of 70%.
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Myra's Wells 31° August 2024
Overall, for the 21 new well projects. there were 271)oreholes drilled meaning 1.29 boreholes per
projert. This is also a better rate than the 1.42 iK•reholes per project in the previous year. As a Christian
chafity, we acknowledge God's goodness. There has been no chan8e to procedures to produce this result.
In addition it should be noted that one projert. where three boreholes were drilled. has both a water
tower on one borehole and a hand pump on another borehole. More about this is noted below.
Successful new well projerts
Of the 21 successful new wells projects, 16 were finished with hand pumps and 5 were finished with
watertowers.
The main areas of operation have been in the following regions of 8urkina Faso:
Cascades & Sud-ouest
Centre & Centre Sud
Cenlre-Nord & Boucle du Mouhoun
Centre-ouest
Plateau-central
io
Centre ond Centre-sud
These reglons include Oua8adougou and other places towards the west and south whlch are wlthln about
40 miles of Ouagodou8ou. The security within this area is considered good with little, or no real threat, to
operations. The fact of proximity to the capital is no guarantee of having clean water available and there
are many reque5t5 for help. The towns in this area are rapidly growin& especially around the edge of
Ouagadougou and houses are
built, with little or no plannin&
and always without a supply of
clean water.
As In the previous year, there
have been a good number of
new wells in the Ouagadougou
area. There is population growth
in this area driven ty two
factors..
The better economic prospects presented by the capital,.
The continued mlgration of Internally Displaced Persons from the areas still affected by the
Jihadist violence.
Where sources of clean water are already available, there is often a huge demand with long queuing time
for a turn to use the pump or taps. The existence of water will attract movement to the area which only
increases the pressure on the available resour￿5.
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Myra's Wells 31 August 2024
For thi5 reason. it 15 almost essential that
boreholes are finished with solar
pumps and water towers which can cut the
time to fill containers to a quarter of the
time needed at a hand pump.
I three of the conversson lupgradel
projects were at wells in Ouagadougou
provided prewously by Myra's Wells and
finished ori8inally with hand pump5. One
was the very first Myra's Well at Zongo.
Here. when the borehole was drilled in
21x16. there area was the edge of
Ouagadougou. The city now extends another kilometre or more beyond and a water tower wa5 really
needed. The stories were similar at the other two locations in Yagma and Sabten8a.
Centre-Oue5t
Thls area centres largely around Koudougou whlch, In common with other large towns, has seen huge
increases in population. Two of the trustees visited the area in January and saw tremendous need in
some places. The decisions about hand pumps or water towers are less obvlous than In Oua8adou8ou. It
depends upon the local conditions.
One place vislted in January was a village no
more than five miles from the centre of
Koudougou, but where the local people were
still using a traditional open well. One man
claimed to be 89 year5 old and had never had
dean water available to him. This was one of
the five projects undertaken in the area.
Cascades & Sud4)uest
These regions include parts of Burkina Faso
that are furthest from Ouagadougou. Four of
the five projerts here were at least 490
.& * kllometres from the capltal. It is an area that
feels forgotten by the central administration and has also suffered from exiremist activity.
The security situation 5eem5 to have been stabilised to some extent here ané Myra's Wells has been able
to help sorne very needy villages. The phot05 that we received with the requests from the area very often
show women and chlldren at a rrver collecting dirty water to drink.
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Myra's Wells 31" August 2024
One of the projects in this orea was a repair
to an existing hand pump installed manv
years ago. The borehole was good, but
constant use of the pump had brought it to
the end of its life.
Centre-Nord & Boucle du Mouhoun
These areas present two potential
problem5. Firstly, they are more Vulneral￿e
to extremist attacks and secondly, it can be
hard to find water when drilling. However.
partly because of these problems. there is
great need.
One of the wells was needed betause of
huge numbers of Internally Displaced People arriving fleeing the violence further north east. The pictures
we received before agreeing to drill showed hundred5. if not thousands of containers waiting to be filled
from a tanker sent by the government to give water to hundreds of people. Even now. with the new well,
the queues are long and at the point of wrifing this report in Decernber 2024, we are happy to say that
further well has been provided in this area durin8 the new financial yeai.
Ploteau-centrol
This is the area to the north of Ouagadougou. It is relatively safe compared with the Centre-Nord area
further north, but shares the problem of being difficult to find water when drilling.
One of the wells here needed three l)oreholes before a sUStainable source of water was found. The other
well was at a vill38e where a new distrirt had no easy access to water.
Finishing options
The two finishin8 Options that are available are
Hand pump with a Concrete surround and cattle drlnkin8 trou8h:
Solar powered pump wlth a water t¢)wer and taps.
The relative cost differences are indicated in the "Cost of Wells" section but, in 8eneral. the cost per well
is increased significantly when a water tower is used.
Consequently, the choice of finishing Options is made after a borehole is successful with a number of
factors bein8 considered.
Wellsfinished with Hand Pumps
Of the 215uccessful new well projects, 16 were finished with hand pumps. These V￿re mainly wells
located Sn more rural areas.
In places where the p)pulatlon is less dense- typically rural villages- hand pumps ère the most
econornical way of providing water. The people are quite happy to use them. In some places, people
(typically women) are able to earn money by offering a service of filling containers with water while the
owner 6oes about their business.
It is worth mentioning that the cost of hand purnps has decreased dramatically. Two years ago, they were
osting around 525.CPJO CFA lapprox. £6851. The original supplier, which we stopped using at that point, is
now supplying at 325,(MXJ CFA lapprox. £4241. The quality appears to be still as good.
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Myra's Wells 31 Au8115t 2024
Wellsfini5hed with Water Towers
This year. S of the 21 successful new well projertS
were finished with a solar powered pump. water
tower and taps.
Within Burkina Faso, the trend continues towards
using solar powered pumps and water towers.
particularly in more urban areas. In towns and cities.
water towers are always in evidence. This being the
case, providing a hand pump at a new well can mean
that the new well is bypassed by the local people who
will prefer to go a little further to obtain water with
less effort.
Other factors for choosing a solar powered pump and
water tower include..
Hlsh flow rate. In cases where the flow rate is
high- perhaps over 6-71xKI litres an hour, the
amount of water available would seem
almost wasted when only 4-500 litres an hour
can be purnped. In these c35es. and perhaps for lower flow rates. if there 15 a good rea50n that
justifies the extra expense, then a water tower will be considered. Good reasons include:
Market Gardens. The possibility of a market garden project.
Ll¥estock breeders. The existence of breeders with larger herdslflocks.
Other cotwe Industrles which need 8ood supplies of water.
Exlstence of nearby cllnlcslschools where the current water supply is inadequate.
Expe¢ted populatlon grt)vrth- where there 1$ good rea50n to belleve that thls is Ilkely.
Densely populated area. In general, it takes between 3 and 4 minutes tts fill one bidon using
a hand pump. To fill one bidon from a water tower takes less than I minute. Effertively. this
means that a water tower can serve 3 or 4 times the population in the same length of time.
So, in more densely populated areas, a water tower can be considered more economical,
despite the extra cost involved. provided the flow fate is sufftcient to be sustainable.
Size of tonks
The usual choice of tank fitted 15 a 5,000 litre plastic tank. On a few occasions, we have used a 10,000 litre
Steel tank or two 5,000 litre tanks.
rower structure
The cost of the tower structure itself has seen price rises since COVID. The is mainly due to increases in
the cost of the metals used. 8efore COVID, the price was around 525.C4XI CFA lapprox. £6851. During this
year, the price has been more like 725,CKKI CFA (around £9401. although this seems to have now
stabilise(t.
Suppliers
In general, for the we115 in the Ouagadougou area, the surveyor is able to Provide the pump, panels.
cabling and tonk. A metal fabrication Supplier will provide the tower.
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Myra's Wells 31" August 2024
In area5 towards the west, a company called Nelson Solar may be better suited to provide the complete
package as the company has an operati{￿ based in P￿(>-DIoujasS0.
Unsuccessful new well projects
We exercise considerable care in choosing which sites to drill- see below under Well Site Selection. So,
when drilling 15 unsuccessful, it is a great sadness.
Myra's Wells. policy is to always try a second borehole rf the first borehole is dry- Of rf it does not meet
the minimum flow rate of 7LK) litreslhour. If the second borehole is also a negative. the UK trustees will
consider whether to try a third borehole.
This decision can be difficu￿. It has to be a balance of a number of fattor5 which include
Advice from the surveyor
The size of the need at the wllage
Funds available and the needs of other villages
The decision is made after careful consideration and prayer.
It is worth noting that, in the event of a borehole being negative. the surveyor makes no charge.
In this financial year, we praise God that there was onty one projert that was Seft with no water being
found at the end of the year. Happily. the third borehole has since been drilled and the well is now
finished with a water tower. The costs of this well will be induded in the new ¥earfs figure5.
Well repair pmjects
Myra's Wells is always happy to look to repair wells that are no longer operational. This year, one such
well. which dated from many years ago. was brought back to life in the Sud-ouest region.
Conversion projects
Three wells previous fitted with hand pumps have been Converted to solar powered pumps and a water
tower this year.
Drilled in 21J)6. the borehole is still
prodtscing a strong supply of clean water. Following the huge growth in population noted above,
there was a need for a water tower to supply the school and the lar8e number of surrounding
houses. The government supply in this area ha5 improved Significantly, but there is still a real
need for this well.
21 Yo]gi';
utskirt5 of Ouaqadougou. Trustees visited thi5 well in and found there were
over 21XJ containers waiting to be filled from the hand pump at about 11-30 in the morning. Thi5
huge densely populated area is still seeing growth. The new water tower has four LIp5- and
there is still a queue to use them.
'LTr',-I ODagadougou where the original hand pump kept breaking
because the depth of the water table was putting too much strain on it. The provision of a water
tower will prevent it falling into disuse. which would have seen the initial investment become
wasted.
Water Minist Ins
ection of wells
There was no Government inspection in Burkina Faso this year, following the satis*actory inspertion last
year. In the inspection in July 2023, the government minister expressed thanks and commented that thev
could not manage without help from Myra'5 Wells.
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Myra's Wells 31sr Au8llSt 2024
Cost of Wells
Basic details
We receive invoices from Burkina Fa50 which show us the costs of each project. For wells that have been
¢ompleted during the year, the total of these invoices is just under 84,IJOO,000 CFA. The Charity has
benefitted thi5 year from a better GBPIEUR rate which has worked out at an average of 1.1676, up from
1.1493 in the previous year. Together with the fixed rate of 655 CFA/EUR, this equates roughly to just
Under £llO,OCM).
The individual components of this overall expenditure are:
eratln
This includes the costs of the offitr in Ouagadougou. These costs afe covered ty the MWIUKI
trustees through the separate admin bank account.
Costs of travel. including costs of necessary site visits before or after the well is fin15hed. Some
essential operatln8 Costs, Includin8 the maintenance of vehicles (without which the Charity could
not operate) are considered to be part of the cost of drilllng wells.
Surv
cos
Surveys are carried out, before drilling commences. by one of two or three highly qualified
surveyors Itwo of whom are university teachers). Occasionally, a traditional surveyor will be asked
to look at a site if there have been two negative boreholes.
For wells that do not produce water. the
surveyor does not make a char8e.
Drilling is carried out by a number of reputable
drilling contractors depending upon the a￿a
where the site is located.
Water Testln
This Is carrled out. Usually. in Ouagadougou.
There are three laboratories that are used,
Burkina Labo being the most regular.
tatuto
rt followln
drlllln
re
This is sometimes prepared by the drlllin8
contractor, sometimes by the surveyor.
Pum
hand
+ Sum)unds when the well Is finlshed wlth a
um
Thi5 includes the purchase and fitting of the
pump and the construction of a surrounding wall
together with a cattle drinking trough. If a hand
pump is fitted in a more urban area, the
surroundin8 wall and drinking trough are not always needed.
It has been noted above that the Cost of hand pumps has fallen this year. from a hlgh of 525,000
CFA1£6851 to 325.IXQ CFA {£424).
Borehole cleanln before the
Is fftted
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Myra's We115 31st August 2024
During this proce$5, the debris left in the borehole by the drilling proce55 15 removed 50 that the
water is clean. This also usually results in an increase in the flow rate. indicating a well that is more
sustainable than originally thought immediately after drilling.
Water tower when this is deemed to be appropriate
There are three distinct parts of this proce55 which are:
Solar powered pump with the appropriate cabling arKI solar panels
The tank
The tank support
Sometimes, these are provided by one supplier,. other times. two of three moy be involved.
It has been noted above that the cost of the tower itself has increased from 3 low of around
525,IX)O CFA1£6581 to about 725.OCMI1£9401.
Tralnln
This includes time spent training the well committee and local population on the care and use of
the pump.
Number
This 15 a metal plaque fixed to the well which designates that it is a well that Myra's Wells has
drilled. and shows the well number. The cost ol these plaques 15 about £10 each.
Average costs of wells
The avera8e prlce of the projert undertaken this year has fallen. The reasons for thls are..
al The balance between projects flnlshed wlth hand pumps and those finished with water tower5
has changed. Last year there were 10 hand pumps and 13 water towers. This year there have
been 16 hand pumpsand only S water towers.
This chan8e of balance is a reflertion of the places where we have drllled- thefe have been more
rural areas and less in the towns and cities.
ue
The more hand pump5 there are compared with water towers. the lower the avera8e project
costs will be.
In thi5 next financial year. the choice of locations may le3d to the average projert costs belng
higher again.
bl There have been less projects further away frorn Ouagadougou. Projerts further from the capital
incur higher fees for the surveyor and drillin8 companies.
cl With the hand pump5 bein8 cheaper this year than in the previou5 year, the preponderance of
project5 Using hand pumps means that this will also have had the effect of lowering the average
proffiect cost.
dl There were no unsuccessful projerts during the year. In the previous year, this had a large impart
on the overall average project costs as each unsuccessful project Is likely to have incurred around
£IOCKI-£1200 for each of three negative boreholes.
Going forwards. it is anticipated that more water towers will be needed and, as a consequence, the figure
quoted as answer to the question "How much does a well cosv la frequently asked question) will be
answered that it depends, but on average it works out at about £5.5(K).
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Myra's Wells 31. August 2024
Overoll costs of wells byfinishing type
There is a significant difference between the costs of hand pumps and water towers. This is
reflerted in the average cost of each type. The statiStiC5 for the year 2023-24 are:
Cost
er well for successful new wells
Costs for successful PfoJe¢ts
Numb
Average
cost
Wells finished with a hand pump
We115 finished with a water tower
16
3,894
6,661
Average over successful new wells
21
4.553
Cost
er well Includin
unsuccessful
As there were no unsuccessful projects in the year, there is no impact upon the average c05t.
Cost
er well when COn￿r$10n
ro.ects a￿ Included
Including the three Conver￿On projects, the average is reduced.
Costs for successful projects
Plurnber
Avera8e
C05t
Wells finished with a hand pump
Wells finished with a water tower
Cost ol conversion proiecls
Average over new proiecls and conversion projecls
16
3,894
6.661
4,182
4,506
24
Cost
er well overall, includlng repalr projerts
The following table shows the overall average when the one repair project 15 included.
Average
cost
Costs for su¢cessful projerts
Number
We115 finished with a hand pump
Wells finished with a water tower
16
3,894
6,661
4,182
1,447
4,384
Cost ol converslon projects
Cost of Tepair projects
Average cosl over all projects
25
What this emphasises is the financial advantage of carrying out repairs or swappin8 hand pumps
for solar powered pumps and a water tower compared with providing new boreholes.
In the case of conversions. there is also a hidden savin8 in the region of £4CwJ on a future project
where the reconditioned hand pump will be used in the future.
Expenditure on Projects ond Operating Costs
Myra's Wells keeps the costs of operating as a charity to a minimum. All work done in the UK is on an
unpaid voluntary basis. Since It is required that an NGO in Burkina Faso must have two employees, there
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Myra's Wells 31 August 2024
are just two people employed there- one for administration and one as a driver. All other trustees and
helpers in Burkina Faso are unpald volunteers.
Any expenses incurred in the office in 8urkina Faso are covered by trustees in the UK. The office itself is in
a church building and the church allows usage of this at no cost- Myra's Wells has asked to be allowed to
make a donation to the church but the church will not Iso farl accept any funds.
All expenses incurred in the UK. including all travel. publicity, Postage etc, are covered by contribution5
from trustees.
This table shows the expenditure on Operatin8 Costs.
General Admin. Postage and Stationery
Office Expenses18urkinal including salaries
Travel
819
2,895
493
Plaques
Publicity
Governance
3,669
6W
In this Current year, this represents around 6.46% of total expenditure. This percentage is a little more
than the previous year, but this is mainly due to the cost of the concert given by Philippa Hanna, the c05t
of which wa5 covered by donation5 from the trustees. It also resulted in some donations for whole wells.
This allows ILKJ% ol public donation5 to be used for drilling wells. Of the above, the only costs that are
considered part of the cost of drilling wells is the maintenance of the vehicles which amounted to about
£2000- higher than in other years as the old original 4x4 was fitted with a new engine to be a back up to
the newer Hilux. All costs in the UK and the salaries of the paid staff in 8url(ina are covered by the
trustees.
Well Site Selection
Choosing where to drill
This is. perhap5, the most challenging part of the
operation of Myra's Wells. As a Christian charity, we
make these decision with prayer, asking for guidance.
Prioritising the m05t needy places is at the top of the
agenda. No account is taken of ethnic or religious
backgrounds in choosing which are the most deservin8
sites.
b, The questions asked have been rephrased in an effort to
make it easier to obtain the information that is needed
before decisions are made. In addition to answers to
questions. we ask for photographs of existing sources of
water and a video clip to show the area around the place where the applicant would like the new well to
be placed. This is all designed to help us to assess the situation in the villagelarea. It also helps us to
decide if the designated place for the well is appropriate for a new well - that is. whether there 15
evidence of people living Within a reasonable distsnce of where the well is planned.
A sub-committee considers request5 Wlth a view to plannlng a batch of (perhaps) S places in the same
area.
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Myra's Wells 31" August 2024
Further refinement of the selection form will be made. During further visits to Burkina Faso, efforts will
be made to show where details ale lacking in the information which is given. It is recognised that there
are language difficulties which make it difficult for some to provide the inforrnation for which we ask.
Contacts
Our main contacts, in the process of finding the most needy villages, continues to be our church and
rnission contacts in Burkn'na Faso. together with retired missionaiies who have their own trusted contacts
still in Burkina Faso.
Well maintenance
The malntenance reglme, In the hands of a local Committee. continues to be used. The committee at each
well consists of five. six or seven local people who agree to take on responsibility for the maintenance and
proper use of the well. The committee members cover the roles of:
> President
Treasurer
Secretary
Maintenance supervisor
Health advisor
The treasurer 15 responsible for collecting very small amounts of money, from those who use the well
regularly. This money is then kept locally to be used towards the cost of routine maintenance. In the
unlikely event of the pump developing a problem. there should be enough in the fund5 to cover most
repairs.
Trainin8 in the use of the pump, cleanliness of the pump area and personal hygiene, is glven to as many of
the village people as possible. In area5 where some children have never washed, this advice is very
necessary.
The committee, together with as many as possible from the village. receive basic trainlng from
professional trainer.
If the well is completed with a hand pump, after the training is 8iven, a small klt ol grease and some small
spare parts Is left wlth the committee memberlsl responsible for the pump maintenance.
Well committees are established irresperti¥e of whether the h"nishin8 15 a hand pump or a water tower.
Sustainability
In the current climate-aware times, sustainability is an important consideration for Myra's Well5.
The climate in 8urkina Fa50 15 such that almost all traditional wells will run dry between January and
March. At the same time, the population growth in Burkina Faso means that there15 more and more
requirement for water. This is exacerbated by the population migration caused by the increasing terrorist
threat, causlng existing facilities lespecially water and foodl to be under increased pressure in many
place.
Myra's Wells continues to provide sustainable we115. By ensuring that the sources of water have sufficient
flow rate before pronouncing it as"positive-, the subterranean water re50vrces will not be overstretched
and will continue to provide for the needs of local people.
Myra's Wells (Charity Number 11433451
Page 13

Myra's Wells 31 August 2024
Non-water
ro
ects
Villoge of Hope
In september and October. Michel and Samuel Ouedraogo paid a visit to the UK. They visited a number of
churches. mainly in the Bournemovth area and this resulted in some gifts being received to be passed on
to Village of Hope to support their work of lookin8 after semi-orphaned children. The Village of Hope
projert provides accommodation and schooling for children whose parents are unèble to look after them
for various reasons. Durin8 the holidays. the children return home and come back to the Village for the
next term.
These gifts amounted to £2.634.
Other projerts
Other than three small donations de5i8nated as sUPPOrt for children at Zongo school, there were no other
non-water projerts during the year. It is the decision of the trustees that the "principal" object of Myra's
Wells Is to provide clean water at the m05t needy places of which we know.
Su
orters
Major Donors
During this fin3ncSal year, there were donatlons from Indlvlduals and one charitable organisation for
whole wells. Thls Included donations from trustees. These funds have made provision for 13 wells. The
details are..
Amount Wells
27750
Trustees
Supporters
Charitable or8anlsations
3651
The amounts varied and do not include any GiftAid that associated with the donations. Some were
designated specifically for projects that are finished with water towers.
It should be noted that six of the donations were made after the end of April which means that they will
be used for wells In the next flnancial year.
Regular donors
At the end of the year, there were 63 regular donors, contributing a total of about £ICW a month to the
funds. Thi5 does not include any GiftAid that is attributable to these donatlons
Trustees, together with two retired trtsslees, collectively dgnate approxirnatefy £350 + GiftAid towards
the administration costs each month and other ad-hoc donations as required.
Other donors
There are many other donors who give on a less regular basis and many of these donations are
significant.
Myra's Wells Is grateful for all support. As a Christian charity. we acknowledge God's goodness in rnaking
funds available for drilling wells.
Trustees visit to Burkina Faso
During January 2024. Eddie Martin ènd Mark Anne55, together with a young man from Moorlands Blble
College, spent time in Burkina F350. Over the course of about three weeks, visits were paid to a good
number of exi5tin8 wells and sites from which requests for wells had been received.
Myrè's We115 (Charity Number 11433451
Page 14

Myra'5 Wells 31 August 2024
This was a profrtable time with about twelve new wells bein8 commi55ioned.
As Ltsual, there were visits from pastors requesting new wells. Also. as usual, the information given on the
application form5 wa5 of variable quality and. invariably, incomplete. This is 3 problem which will be
taken up with the helpers in Burkina Faso. It 15 reco8nised that this is partly due to cultural differences
and, in some Cases, language and literacy difficulties.
It was noted, in travelling around. that the Russian influence has grown considerably with the Russian flag
flying from a number of buildings.
RISKS
Risk 05ses5ment
A Risk Assessment document is available upon request.
Security ond Terrorlsm
Following the military coups in 2022, the security situation appears to have settled somewhat. While the
extremists stlll control a large part of the country, thls c¢)ntrol does seern not to have grown durins the
year. The local people are more confident about the situation and have reported government forces
takln8 pfoattive artlon In dealing wlth threat5 from the extremists.
This view need5 to be tempered by the fact that the regime is becoming more authoritarian and has
banned some of the highly respected news a8encies lincludin8 the BBC and French press) from reporting
about affairs. However. the anecdotal evidence is encouraging. Reports of attacks by Jihadists are
appearing less often in the pre55 than previously- although the caveat of press restriction needs to be
remembered.
Some areas, IncludSn8 the south west, certainly feel safer. While the trustees would not want to travel to
these areas. local people report feelin8 safer. Even in the North East. we have heard of people returnlng
to some of the villages that were abandoned a few years a80.
In terms of Myra's Wells, the effect on operations is much the same as the previous year. The main effect
is that some areas of the country are con51dered too dangerous to ask those involved in the drillin8
process to vislt. Ultimately, thi5 will be the declsion of the contractors Involved, but Myra's Wells would
not ask them to travel to places in parts of the north and east. This includes areas to the north and north
east of Kaya and areas to the east of Fada n'Gourma.
For the UK trustees, it would be considered unsafe to travel more than SO or 60 km from Ouagadougou In
ny direction- although Koudou8ou1100 km to the we5tl would be considered safe.
Data protection and Child Protertion policies
These policies are available upon request. and exist for both Myra'5 Wells UK and Myra's Wells Burkina
Faso.
ADMINISTRATIVE MAThERS
Relationship with Myro's Wells (International)
Myra's We115 Ilnternationall IMWII is a charity registered in Burkina Faso to carry out operations there.
This operates in the sameway as Myra'swells in the UK. There are now two employeesfunded by the UK
trustees. Nobody else involved in the charity receive5 any remuneration from the wells fund, although
Small amounts are paid for expenses (telephone calls and travelling in connection with making
arrangernents for the drilling operation). The Trustee5 are all Christians who give their time voluntarily.
Myra's Wells Icharity Number 11433451
Page 15

Myra's Wells 31 August 2024
Requests for wells are collected by MWI and forwarded to Myra's Wells Trustees. The decisions about
which villages should be included in the drilling schedule are made in the UK. When these decisions are
made, MWI helpers make the arrangements.
Funds from the UK are deposited in the bank account of MWI. Burkina Faso is very much a cash society
although online banking is becoming more used. Receipts are obtained and copies of these are sent to
the UK to demonstrate that money has been properly used.
MWI owns a 4x4 vehicle in Burkina Faso. This is a new Toyota Hilux which was purchased in September
2021. This vehicles is used for site visits belore and after the drilling process. Myra's Wells regards cost5
associated with these vehicles to be part of the cost of drilling wells. There is also an older 4x4 which is
maintained as a back up in case the Hilux is out of action for any reason.
Fuller details of this relationship have been formalised into a Memorandum of Understanding which is
available upon request.
NGO status
In September 2021, MWI achieved NGO status. The main effects of this are-
11 There is no duty to pay on Imported good5. This was a big advantage when the new Toyota Hilux
vehicle was delivered in January - import dity can be very high and accordin8 to the offi'cial's
whlm.
21 There is a requirement to have paid employees. The UK trustees were somewhat concerned
about this, but came to realise that, overall. it is good thing. The way that Myra's Wells's work has
developed means that it had become too much for volunteers to do. The UK trustees will cover
the salaries of these two ernployees.
Workload in Burkina Faso
We continue to look at ways to help the volunteers in Burkina Faso to recruit further volunteers to help
them. particularly in the matter of validating the well requests by visltln8 the vlllage5/areas from whlch
requests have been received.
Pledge." "100% goes to wells"
Myra's Wells contlnues to honour the pledge that all monies received from donor5, and all tax reclaimed,
wlll be used to finance the well projects. unless otherwise specified. The trustees personally fund all other
expenses.
GIftAid, reclaimed on donations made by trustees for administration costs. will normally be used for wells
dministrative purposes.
Trustees
As noted above, Karen Martin and Sonja Warr both retired as trustees during the year. Both still continue
as helpers. The remaining trustees wlsh to thank thern both for theif help with the charity.
All trustees are Chrf5tians who are known personally by the existing trustees. A more formal Recruitment
and Training Policy will be developed during the next financial year.
Contoiners
In line with the Trustee5' decision reported previousfy. no ¢ontainer5 have been sent to Burkina Faso this
financial year.
Myra's Wells (Charity Number 1143345)
Pa8e 16

Myra'5 Wells 31" August 2024
Communication with supporters
Opportunities are taken when trustees are invited to speak at Imainlyl churches and church artivities le.g.
Men's Breakfasts). This year, there was the opportunity to 8ive a presentstion to a Pro8us meeting at
which around 40 men were present.
The regular quarterly newsletter continues by email (using Mailchimpl and by post. At the end of the
financial year, there were around 380 recipients for the emails and about 30135 regular recipients for the
posted newsletter5. The printed newsletters are also used as "promotional" material when speaking to
others about the work.
The "open rate" for the emails was between 55% and 65%. as reported by Mailchimp.
In addition. a sub-set of those on the mailing list have asked for more regular updates. These are sent
when there is a specific request for prayer-or answerto prayer. The"open rate" for this sub-set is usuallv
in around 75%.
Fundraising
This year, we were able to arrange a concert given by the Christian singer Philippa Hanna. This was kindlv
hosted, without charge, by a church in Poole which regularly supports the work of the charity. Thi5 event
attracted over 200 attendees and resulted in two people paying for whole we115. in addition to the funds
raised from tlckets.
GiftAid and VA T
Myra's We115 claim5 GiftAid on donations when the donors complete a declaration to confirm that the
donation is eligible.
Myra's Wells Is no lon8er reglstered for VAT.
Updoted and new policies
Following advice from our Independent Examlner, some existing policies and some new policies are being
reviewed. It Is expected this review will be completed during the next financial year. The policies beln8
reviewed or put in place include:
Social Media
> Bullying
> Confidentiality
Rlsk
Investing Funds
>p Financial Reserves
>p Safeguarding
>p Relationship with MWI (Memorandum of Understandin81
FINANCIAL REVIEW
Summary offinonces
Currencyfluctuation
Myra's Wells holds funds in Euros. The GBP valuation of those funds is afferted by fluctuation in the
GBPIEUR exchange rates. A conseqvence of thi5 rt that the Brought Forward figure from the previou5 year
for the EUR account in the balance sheet needs to be adjusted in the current year to reflect any
significant change in the rates.
Myra's Wells Icharity Number 11433451
Page 17

Myra's Wells 31 August 2024
The GBPIEUR exchange rate has worked in Myra's Wells's favour over the year. It rose steadily and when
Euros were bought In July. it was a little over 1.18. The average ol the year was about 1.1676.
Income
Total income In the year. after adjusting for accruals, was £159,717.
Assets
Myra's wells has no fixed assets. At the end of the year, the current assets were £IW,831 being the sum
of funds held in the UK bank accounts and debtors.
Donatedfor wells
The funds donated for wells during the year. as shown in the cashflow, were £126,725, marginally less
than the previous yearfs total of £129,455.
Donotedfor orher purposes
Following a visit from Michel and Samuel Ouedraogo, who run the Village of Hope school and refsJ8e,
£2,634 was donated by various churches in the Bournemouth area. This was passed on to fund their
work.
Donotedfor odministmtion
The total donated specifically for administrative costs was £8,969. This is higher than the previous year as
there were a number of exceptional costs that needed to be met. These included the cost of the Philippa
Hanrba concert lapprox. E24001.
Donafionsfrom Overse05
This year, there were just three donations from overseas donors amounting to £212 from USA and £200
from France.
Reserves Pollry
Myra'5 Wells does not maintain a fund of monies held back from bein8 used. In principle, funds are used
to drill wells as soon as is practicable. The list of requests far exceed5 the income and there is no problem
with being able to use any funds received.
The Well Committees at the individual wells collect small amounts from those who re8ularly use the wells
and this can be used for most repairs that are needed. If a more major problem occurs, then Myra's Wells
will consider helping from current funds.
During the ralny season- June to September. it is difficult to drill wells. This is because the roads in
Burkina Faso, awoy from the major routes. are made from compacted soil. In rnany of the villages, the soll
is not even compacted. The effert ot this IS that it is not possible to take the dri15s to the place5 where
wells are needed. Consequently. money donated from about April onwards will remain in the bank
accounts until late October when drilling is again possible. Thi5 15 why there is usually a balance carried
forward in the bank accounts from year to year.
At 311812024, the balances carried forward were:
UK Bank accouftts
Lloyd5
Restrlcted funds
Unrestricted funds
Currency Cloud
GBP fund
19.091
2.503
1.038
Myra's Wells (Charity Number 11433451
Page 18

Myra's Wells 31 August 2024
EUR Fund (GBP equNalentl
USD fund IGBP equivalentl
66,207
Total
88,839
There was also a balan¢e left in the bank In Burkina Faso. As this money has left the accounts that belong
to the charity, this is treated as a debtor in the balance sheet. The figure at 31" August 2024 was
4,537.594 CFA- equivalent to £5,861 at the year end G8PIEUR rate of 1.1819.
Expenditure
Funds amounting to £119,893 for Wells were despatched to Burkina Faso.
Funds are sent at times when they are needed, usually when a new batch of we115 is about to be drilled.
This ensures that there is not too much money left in the bank accounts in Burkina Faso.
For other cost5, £2.616 was also sent to Burkina Faso for Village of Hope and £100 for the support of
children at 2ongo School.
Exceptional costs
There were no exceptional costs durin8 the year.
Funds carriedfonvords
At the end of AuBUSt 2024, the funds carried forward in the UK were £100,169.
The funds held in the We115 account in Ouagadou8ou were 4.537.594 CFA. At the average exchange rate
used in the accounts preparation, this represents approximatety £5,861 which 15 shown as a debtor in the
balance sheet.
Bank Accounts
Myra's Wells, bank has been Lloyd5 Since the charlty was registered. The maln bank accounts are still with
Lloyds.
Myra's Wells also has an account at Currency aoud uslng the portal provided by Jackson Swiss Ltd.
Accounts are open for GBP, EUR and USD. This makes the process of tr3n5ferrin8 money to Bvrkina easier
as well as a route for receiving donations In USD. More importantly. it enables us to buy Euros at a time
when rate5 are advantageous rather than having to use the rates that are available when we need to
transfer money to Burkina.
Myra's Wells shows Cashflow as two separate accounts wlth Lloyds plc., and two accounts held at
Currency Cloud.
The accounts at Lloyds ère:
"Wells" occount
All donations are dep051ted in this account. includin8 Standing orders, cheques. cash and payments
through on-line giving sites. The only exception to this is on occasions when the donor requests that the
donation be used for a specific purpose other than the provision of well5.
Receipts into this account are analysed in the accounts records to show donations for separate causes
allowed by the thariws Objects.
"Admin- occount
This account is used for-
o Gifts received for administration and publirrty;
Myra's Wells (Charity Number 11433451
Page 19

Myra's Wells 31 August 2024
Gift5 specifically designated for visits to Burkina Faso;
The trustees make regular and one-off payments into the Admin account to cover the costs of
administration travel and publicity.
On occasion5, a part of the GiftAid repayment which has been reclaimed on donations from the
trustees may be put into the Admin account. GiftAid received on all other donations is put into the
Wells account and used towards wells projects.
Any transfers between the two funds are fully documented for the Independent Examiner and
details can be wovided for anyone who would like to know more.
Currency Cloud Account
There are three accounts held here:
GBP account
Funds may be kept here waiting for a suitable time to buy Euros at advantageous rate5. Most
transfers into the account will be from the Thvells" account at Uoyds. However, with the two
salaries being funded the UK trustees. regular transfer5 are made from the admin account.
EUR account
When Euros are bought. they are kept here to be sent to Burkina Faso.
USD account
This was set up to assist Wtth the purchase of the 4x4 but is also useful for receiving donations in
dollars.
FUTURE PLANS
Well projects
At the time of preparing this report in December 2024, 14 projects have been completed in the new
financial year.
We anticipate more wells wll be provided in the new year. This wtll probabty be a rnixture of new
boreholes, repairs to non-funttioning old wells and possibly some upgrades to change hand pumps to
solar powered pump5 and water towers.
There are many requests for wells in our files, the majority of which are deserving causes which we have
not yet been able to fulfil. Whatever money is made available will be spent in fulfilling these and other
new requests that continue to be received.
TRUSTEES, RESPONSIBILITIES FOR THE ACCOUNTS
Charity law require5 the trustees to prepare accounts for each financial year, which give a true and fair
view of the state of affairs of the trust and of tts financial artivities for that period. In preparing those
financial statements, the trnstees are required to-
selert suitable accounting policies and then apply them con5iStently,'
observe the methods and principles in the Charities SORP:
make judgements and estimates that are reasonable and prudent: and
state whether applicable UK accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
The trustees ère responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charity. They are also responsible for safeguarding the
Myra's Wells IC*arity Number 11433451
Page 20

Myr*s We115 315tAugust 2024
a55ets ofthe charity and hence for taking re¢lSonable steps forthe prevention and detection of fraud and
other Irregularitie5.
The above report Wa5 approvèd by the Trttstees on...
and slEned by:
.. Trustee
George Edwln Martln
Myra's Wells {Charity Number 11433451
Page 21

Myra's Wells 31" Au8USt 2024
Independent Examiner's Report to the Trustees of
Myra's Wells
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31
August 2024.
Res
ective res
onsibilities of trustees and examiner
As the trustees of the Chartty you are responsible for the preparation of the account5 in accordance with
the requirements of the Charities Act 20111'the Art,).
I report in respect of my examination of the Myra's Well's account carried out under sertion 145 of the
2011 Act and in carrying out my examination I have followed all the applicable Direction5 Biven by the
Charity Cornmission under section L451511bl of the Acl.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material re5pert:
l. accounting record5 were not kept in respect of Myra's We115 as required by sertion 130 of the Art,. or
2. the accounts do not attord with those records- or
3. the accounts do not comply with the accounting requirements concerning the form and content of
accounts set out in the Charities (Accounts and Ret4)rtsl regulations 21J)8 other than any requirement that
the accounts give a 'true and fair view, which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn on thi5 report in orderto enable a proper understanding of the accounts to be
reached.
Miss J A Richardson FCA FCCA DChA
Date ..
Myra's Wells (Charlty Number 11433451
Page 22

Myra'5 We115 31* August 2024
Myra'5 Wells
ststemerrt of finJn¢ial Adlvlties
fLrtheYear Ended 31Augu5t 2024
Unrestrfcted Re5trfLled Totsl funds Total funds
funds
frjnds
2024
2023
Notes
INCOME AND ENl)OWME￿ts FROM
Oonatlons and legacies
TOTAL
150 748 ￿69
159,717
152,986
152 986
EXPENDITURE ON
Ralslngfunds
13.669)
13,669)
11,274)
Charltsble activlties
120 742
179 256
TOTALEXPENDITURE
180
NEf INCOME
Transfers
Net movement In funds
31,642
11.1981
3,664
1.198
35￿06
127.5441
35.306
127,544)
RECONauATION OF FUNDS
Totsl funds broughtforward
io
62.613
2250
64,863
92.407
All of the charfty's actfvitles derfve from contlnulnE operatlons durlng the abDvetwo perfods.
The funds breakdown for 20241$ shown In note 11.
The notes on pages 25 to29fomJ portoAthesefinanciol statements
Myr4's Wells {Chartty Number 1143345)
Page 23

Myra's Wells 31st August 2024
Myra's Wells
Balance Sheet 31 AUg￿t 2024
2024
2023
Notes Totsl funds Total funds
CURRENfASSETS
Debtors
11,992
4,103
Cash at bank and In hand
IIXl.831
65,525
CREDrroRS
Amounts f•llln8 due wlthln one year
io
(6621
{662)
TOTALASSEfs LE55 CURRENT LIABILMES
100,169
64.863
NEfASSETS
FUNDS
Regtrlcted Income funds
li
7,112
2,249
Unre5tr1rted Income lundi
93x157
62.614
TOTAL FUNDS
The fjnancial statement were apwoved by the tnjstees, andauthorIs￿ fi)r Issue on
bQfQi4
and sl8ned on thelr behèlf by.
G E Martln
Chalmlan and Trustee
The notes on pages 25 to 30Aorm part of thesefinanclalstotements.
Myra's Wells (Charlty Number 1143345)
Page 24

Myra's We115 31" August 2024
Myra's We115
Notes to the Flnanclal Statements
for the Year Ended 31 August 2024
I ACCOUNTING POLICIES
Stotement of Compliance
The financial statements have been prepared In accordance with Accountlng and Reporting by Charltles:
Statement of Recommended Practice applicable to the charities preparing their accounts in accordance
with the Financial reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective
january 20151 (Charitie5 SORP IFRS 10211. the Flnancial Stsndard applicable in the UK and Republic of
Ireland IFRS 1021 and the Charities Act 2011.
Basis of preporing thefinanciol stotements
Myrè's Wells meeting the definition of a public benefit entity under FRS 102. Assets and Liabilities are
inltially recognised at hlstorlcal cost or transactlon value unless Otherwise stated in the relevant accountlng
policy notes.
Exemption from preparing o cosh flow stotement
The charity opted to earty adopt Bulletin I publlshed on 2 February 2016 and have therefore not included a
cash flow statement in these financial statements.
Going Concern
The trustees conslder that there are no material uncertainties about the charity's abillty to contlnue as a
going concern.
Income (7nd endowments
All incoming resource5 and included on the Statement of Financial Activities when the charity is legally
entitled to the income and the amount can be quantified with reasonable accuracy.
Donations ond Legacies
Donation5 and legacles are recognised on a recefjva￿e basis when ￿elpt Is probable and the arnount can
be reliably measured.
Expenditure
Expenditure is accounted for on an accruals basls.
Raisingfunds
These are costs incurred in attrarting voluntary income. the management of investments and those
Incurred in tradlng activltSes that raise fund5.
Choritoble octivities
Charitable expendittjre comprises those costs incurred by the charity in the delivery of its activities and
services foy its benefici3ries. It includes both costs that can be allocated directly to such activities and
those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributed to the charity's cornpliance with const4tutlonal and statutory
requirements, including audit, strategic management and trustee's meetings and reimbursed expen5e5.
Myra's Wells Icharity Number 11433451
Page 25

Myra's Wells 31" Au8USt 2024
Taxation
The charity is considered to pass the tests Set out in Paragraph l. Schedule 6 of the Finance Art 2010 and
therefore it meets the definition ofa th3ritable company for UK CL)rporation tax purposes. Ac£ordingly, the
charity is potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3. Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Trade debtors
Trade debtors are amounts due from customers for merchondise sold or services perforrned in the ordinary
course of business.
Trade debtors are recognised initialty at the trnnsaction pri￿. They are subsequentty measured at
amortised cost using the effective interest method, le55 provision of impairment. A provision for the
impairment of trade debtors is established when there is objertive evidence that the charity will not be
able to collect all amounts due according to the original terms of the receivables.
Cash ond cash equivalents
Cash and cash equivalents comprise cash on hand and cash deposits. and other short-temi highly liquid
investments that are readily convertible to a known amount36.719 of cash and are subject to an
insisnificant risk of change in value.
Fund strurture
Unrestrirted income funds are general funds that are available for use at the trustee's discretion in
furtherance of the objectives of the charity.
Restrirted income funds are those donated use in a particular area or fof specific purposes, the use of
which is restricted to that area or purpose.
Myra's Wells Icharity Number 11433451
Page 26

Myra's Wells 31st August 2024
Notes to the Financial Statements {corrtinued)
for the Year Ended 31 Augurt 2024
2 INCOMEFROM DONA TIONSAND LEGACIES
2024
Unrestrirted
lunds
2023
Unrestrirted
fvnds
Restricted
funds
Restricted
fvnds
Donations
Grants
Gift aid reclairned
122.709
6.750
8.969
133.583
Total Funds
3 EXPENDITURE ON RAISING FUNDS
Costs of generating donations and legacies
Restricted
funds
Total
hjnds
Marketing and Publicrty 2024
Marketing and Publicity 2023
4 EXPENDITURE ON CHARITA8LEACTIVITIES
Unrestrlcted
funds
Restrtrted
funds
Totsl
funds
Well drilling and related c05ts
119.1(
1,636
120,742
Total
The figure in the Unrestrirted Funds indicates funds spent directly on drilling wells. Other costs, including
administration. wages in Burkina Faso, travel etc. are included in the costs paid from the Restricted funds
which had been contributed by the trustees of Myra's Wells.
Myra's Wells (Charrty Number 11433451
Page 27

Myra's Wells 31 August 2024
Notes to the Flnancial Statements (rt>ntlnued)
for the Year Ended 31 Au8USt 2024
5 TRUSTEES REMUNERA TION AND EXPENSES
No trustees, nor any persons connerted with them. have receNed any remuneration from the charity
during the year.
Two trustees have received rLYmbursernent of out of pocket expenses totallln8 £273 from the charity
during the yeor.
6 TA¥A TION
The charity is a registered charity and is therefore exempt from taxation
7 COMPARA TIVES FOR THE STA TEMENTOF FINANCIAL AcfiviTIES
unrestri￿ Restricted
funds
furKIs
Totsl funds
2023
INCOME
Donations and legacies
147,377
152.986
EXPENDITURE
Raising Fund5
11.2741
11,2741
Choritable Activities
1170,6691
18.5871
1179,2561
Net Income
123.2921
14.2521
127,5441
8 DEBTORS
2024
2023
Other debtors
TOTAL
11,992
4,103
Gift Aid reclaimable
Funds held in Burkina Faso
6.131
5.861
1,745
2.358
TOTAL
11,992
4.103
Myra's Wells (Charity Number 11433451
Page 28

Myra's Wells 31" August 2024
Note5 to the Flnancial Ststements {contlDued)
for the Year Ended 31 August 2024
9 CASH AND CASH EQUIVALENTS
2024
2023
Cash at bank
88,839
61.422
10 CREDITORS.. Amountsfalling due within one year
2024
2023
Accruals
662
662
Accruals include £6CK¢ in respect of the 2024 Independent Examination fee.
11 Funds
At I September
2023
Inc4xnlni
Transfers
At 31August
2024
Expended
Unrestricted
General
62
Restricted
Administration
cost5
2,250
8,969
5,305
1,198
7,112
Totsl Restrlcted
TOTAL FUNDS
At I Septernber
2022
IncomSn8
resources
Resources
Expended
Transfers
At 31 Au8USt
2023
Unrestrlcted
Restrlcted
Administration
costs
87,049
147,377
1170.6691
11.1441
62,613
5.358
-9,861
1,144
2.250
Total Unrestricted
TOTAL FUNDS
The specific purposes for which the funds are to be applied are as follows:
Administration fund: This fund holds specifically donated to cover the general administration costs of the
charity.
Myra's Wells (Charty Number 11433451
Page 29

Myra's Wells 31 August 2024
Note5 to the Flnanclal Ststements {contlnued)
forthe Year Ended 31 August 2024
12 ANAL YSIS OF NET ASSETS BETWEEN FUNDS
Unrestrlrted
funds
General
Restrtcted
Funds
At31
August 2024
Current assets
Current liabilities
93.719
-662
7,112
ICKI,831
-662
Total net assets
Unrestrtcted
funds
General
Restrlcted
Funds
At31
Au8USt 2023
Current assets
Current liabilities
63,276
62
2249
65.525
-662
Totsl net assets
13 RELA TED PARTY TRANS4CTIONS
NSne trustees donated a total of £36,71912023: nine Trustees donated £4,665) to cover all administrattve
expenses incurred in order to run the office in Burkina Faso and charty running costs in the UK and in
respert of donatSons for wells.
Myra'5 We115 (Charity Number 11433451
Page 30

Myra's Wells 31st August 2024
Appendix A - List of Wells
Zongo Boulimiougou Ischooll
Bingo Village. Arbole
Kasson
Myra's Well
Myra's Well
NeW"e's Weu
Willage De Mogiedo
Village De zorgho
Village De Tambetin
Tanghin Rail
Willage De Salmossi
Village De Chekol Kooba
Village De Zaabanega
Village DeTita Napone
Edgar's Well
Gatougou
Village of Hope, Yimdi
(childrens. Village)
Zimzerndovgou
41
42
43
Eddie's Well
Taparkou
Mangagou
Laaro Ifarml
Fanka
Hope Church
Well
Willage De Kamssi
Village De Nana
Village De Dimkoura
Village De Tiargou li
Village De Solenzo
Village De Zaara
Village De Bouton
Village De Nebiou*st
Willage De Kasso
Willage De Kou
Universitylwmdi
Gogolkomsilga
Bassimyam
Village De Gorom-gorom
Village De Sapelo
Village De Nedego
Village De Goghin
vil￿ge De Rondo
Satelb"noghin
Sabtengalouagadougou
Bilandjafi
Mafgoulpiela
BangolwadenEO
Ziga De Zowo
Gvemssoulmane
io
47
Connie's Well
li
George's Well
12
Zanquengin lorphanagel
Ousi Village, Nadiala
Laado
49
13
50
14
51
15
Saboulgounghin Willage
Dapani. Bogande
Kankan5si, Bogande
BiianEa Bible College
Boukou I Sigle I Proposed
Secondary School)
Tanghin Dassouri Itaonsghol
Leo
Monda (near Tenkodogo
Bible College)
Kumbreldori
Isobel's Well
52
16
Jean's Well
53
17
James, Well
18
55
19
57
20
58
21
59
60
22
61
23
62
24
Silmaguieldon
Watinoma at Tanghin
Das50uri
Sylwa's Well
63
25
26
Villa at Sabou
65
27
Bilang
Bilanga Awation East of
Bijrkina
Matiakoali
Gonsin (called Gonse in the
Past)
Zouina at Toma
Oue2ala at Dedougou
Soun5 at De¢Jougou
Zangore Idano
Kimidougou
Lournbila (college Des
Jeunes Filles De Loumbilaj
Willage De Timbila Tenkodogo
Myra's Wells (Charity Number 11433451
Genesi5 Well
67
28
Moira's Well
29
69
Ivor's Well
70
Moira's Well
30
Lauren's Weil
71
Tigendaiguelouagadougou
Komki Ipala
College PTote5tante Annexe
Iwater Toweil
College De Dapeigo,
Oubrilenga
Laado Peulhlpibaore
Nagerforrinnilbogande
31
32
72
MoiTa'S Well
Ron & Iris's
Well
33
73
35
Jack's Well
74
75
Hedley's Well
Helga's Well
76
37
Page 31

Myra'5 Wells 31° August 2024
Jo and Jamle's
Well
George's Well
John &Sylvla's
Well
John & SyLvla's
Well
John & SOvla's
Well
77
78
79
Vloulkomkl IpaEa
Sllmlougoulouagadougou
KouTllplelia
Bendogulkay8
Kamboissin-wobregre
Kankamsse
Kondlssl
Basanwara
Varalto
Gabou
Noa￿en
Toukon
117
Loukar
Banamba
80
Gwen'swell
Ashll's Well
kngela's Weu
119
Koumboura
81
82
WlndpagDurl
Nadlengoala
Torokauro
Passakon
Harry'sweil
83
84
85
122
123
PhlltP'5Well
124
125
Foutl
Tanhoko
Eilleen's Well
John's Well
John & Sylvla's
Well
Ivor & Evelyn's
Well
Faangre KODM
Glenda's Weu
Stan'swell
VIIM KOOM za
4:14
87
Nas50ugou
89
90
91
92
93
Kulnklnkuiiga
Kenassoumbou
Potlman
Sans Fll
Secteur I
Weedou. Dorl
Wabaode
KDkln
Moplnga
127
Bougrata
Yonbten
a'5WeU
Syivla's Weil
128
John &Sylvla's
Well
Yambelga Dlomga
sigr BILa
Sapaia
Yll-yaaEeigTande Samba
Pellt Samba
Slssamba
RWaLo
Koutoumtellga
Yar
holklnksrgho
Songdlnlsongondln
Bendego-pelle
Lorlpenl SecteuT 2
Balanttra-nabara
Gbomkoro
130
131
Syl￿a'SWe11
95
96
132
Betvswell
97
134
135
136
137
138
Cros5 County
Tralns
Yergan
Debere
99
loo
Tangseega
Na
are
Ebenezer
Syivta'swell
ioi
102
103
104
139
140
Boundougul
Yambassl
sigulvousse
Manssila
Klouraiganwogde
Kourkour
Godogo
fa'swell
swell
141
Ma
142
105
Hougaroulougarou
Uerldenl
106
107
108
144
ICG
Tamblfagou
Fand
ora
Fafo
Wouskosso
Tonon
146
Charles, Well
Davld and
Sarah's Well
147
109
iio
Benda Toegafyagma
Valleé De Kou. Quartler4
Toegyamba
Nal-banka
Saabaldarsalam
149
iii
112
113
Robert'sweu
Pam's Well
150
Dakoia
Sllverdale
151
Nl
Sylvta's Well
Me¢s Weil
Rogeeswell
(nl
ul
nl
Ino p(aquel
Rosemarvs
Weu
114
115
Uklnkelse
Yipaata
Rouko
152
153
Pougneerkougri
Roumtengalt¥JuryÉrt
Laongo
116
Vlctovs Well
Myra's Wells (Charfty Number 1143345)
Page 32

mY￿S Wells 31° AuBU5t 2024
155
Legbanon
Ronandmary
Awesome
Adam
192
Leguema
Abc SchoolFami
Newsham I
156
157
Natlera
Gnangbanan
Shert)orne GH
Well
N'YAO NDEEG
joyce'5 Well
Hopewell
Newsham 2
194
195
Bobysecteur 3
Bakonon
Kora
Kameiekogodou
Kerkou
Quartler Planteur
Palpa
do
Slnslnguene
Margarevs
Well
158
Ka551gra
Sanatlne
Larpar
Dan
ulndou
Tierkora
159
160
197
Gladys, Well
Lena's Well
161
162
199
200
201
SML Poole
Dand D'sWelL
UncleTom's
Well
John and
Jennle'swell
Phylusswell
George's Well
Rayand Ruth's
Well
Sylvla's Well
Margaret's
Well
163
164
Tloyo
Ouadaradouo
202
Tan
165
Zo￿Ourn
re-napa(gua
203
Kuluu
Vlllylkalsogo
Toanga
ogretenga
Dlmpaltenga
Dabaré
166
Tou
Dem
Kaogo
Bondoukuy
Gosson
Zone Colune, Touga
Wakuy
Nabzlngemlpadrefyagma
Dlebougou- Repalr
oull- Repalr
Roumten
Ylmdl 3
Ylmdl Iretreat
167
205
206
169
170
171
172
173
174
175
176
177
178
207
Stanley and
Allceswell
Tou
Koadara
Nallera SchoolWaterTower
BeryE'sWell
210
211
FORAGE DE LA
JOIE
Brlan and
Barbara'swell
212
Boasla
213
8assor
rigulndaigué
Blssighlnlsaaba
Koanda De Gompeia
Tabten
Honest
People's Weil
Slmon's WeLI
Don's v￿Li
Tonyand
Winlfrewswell
Lena'5 Welll21
Ruth and
Pete¢sWell
Coiln'swell
Souter
Roe'swell
Georgina
Hampiera
Well
Wapasslcsps
Ron and Ma￿S
Bendatoega School
Well
Fondatlon Rama. Sabtoama.
Syiw'a'swell
Konbogdo
Syivla'sweu
DOure1manga￿oa1a
Myra'5 Wells (Chartty Number 1143345
Page 33
214
215
Ruth'swell
179
KaTnsandln
180
Ramon
216
217
181
Simtenga
Zlnguendlnguln (bund
Cenlrel
Koudmi
Amour-Espolr.
Futur
D￿NA's WELL
Sylvla's Well
Forage de Patx
Lena'swell
Sylvia'5 Well
Alf¢e and
sianlevswell
182
218
219
Krigullaungolpela
Boul nlkonkobo
Ladiana
Goo
Inltlbrela
Guy
Douloulzapdin
183
220
221
Saatenga Kamona
Bantougrllsanrin
Yabo
8asbedolnebnooma
185
186
224
225
Koure
Purslow
Gbadou
Tlerden
DlefLaldlefouLa
190
191
228

Myra's Wells 31StAu8USt 2024
229
Tengandogo
Parswell
STUARrs
WELL
Ash Vale
Edna'swell
JILLEWELL
Jenny &Pete¢s
Well
Beiemyoublln
Nagzougou
Oufté
Sabtenga
Soull secteur I
Lougsl
Kougsabla
Kouba-kiempaiga
Kleryaoghln
2ff7
Wales
230
Bazakema
Youlou l Nare /So￿e1C8
Sankuy
Karnson
231
ALdeTholt
232
233
270
271
.272
Peter's Well
Lena'sweu
TonW5 Well
234
235
236
Mor50mtenga
Mongdogo
Kombougou
Wapassl Vil￿ge
Soanrelsonré
Boassa
Kaonselnandlala Ikaossln)
Boala Ypala
Nlonlondg￿k0kQI0AhQ
Pakngo
Darnketa
Soukomten
273
274
Hugh'swell
Gateway
Church,
Florida
Gateway
Church,
Florlda
237
238
239
275
Koubrl Blble Coitege
240
241
242
243
Balollé
50
éicé
Sala
ofourou5SO
Park5tone GH
Joan'sweu
278
279
Ash Vale
244
Park5tone GH
Nanwerga
KopaT
Horao
ma Ecole A2arta
Tanguiga
Basemyam
Kouro
GouemlNadlala
YagmalBendatoega.'
Iupgrade)
Zongo (Upra
Slbl
Kakoumana
Toufonl
Karaborosso-
Syl￿a'$Well
IvEa'sWell
245
246
247
281
Posomtenga
Wapassl Rota I
Wapassl Rotary2
282
283
248
Nongeb-zanga
Well
Nopiaque
249
250
251
Sapouylschool)
Tébourou
Malou
Nelmatoulayehlefora
nematoula
285
286
287
252
Parkstone GH
David'5WeU
'Dleu est bon.
289.
de)
SatErl
Tousslanbougou
Tango-tango
BanforaC5P5
254
255
256
291
Edna'swell
292
Sylvia's Well
VIIEmslow
WellsforAlrf¢a
Good News
Weu
{Rota
IRota
.294
Sienna
Pisllla- Se¢ieur.4.
KultyangdolBan8thln
SonEdln
BoLgo-sorgho
Loyar
Sylvla'swell
2S7
Yoroko Fe50
295
296
297
258
Pefroulbare
Soanfélsonré
Nak05m(enga
Zlnguedéssé
Poe55é
259
260
261
Sophie.and'
Joshua'sWelL.
262
Redeemetr5
Well
PeWsWell
Tansobentenga
Guidgssouassa
Sourgou
Dapoya
301
302
Tougmantenga
Gondrln
Soumagou
265
Lena'swell,
Myra's Wejjs (CbaJity Number 1143345)
Page 34

Myra'5 We115 31" August 2024
Markand
Ruth'&Weil
Redeemers
Well
315
BalonJn
21klemdln
FouFma
Manessa
Gondologo secteur 12
OU3hlgouwd
Tamsin
Secteur Iouahigouya
Vogsin
Konéan- Boilé
Dondolé
Nlong-warbln
Btind Centre (Repalr)
304
Koanga,
316
317
305.
306
Goulouré (Itaorel)eJ
Kouro centre (Rehabilj'tstion)
Songdln
Songdin-.
Zimidin ￿paLl .
Tampeeie
Sylvia'swell
vla'swell
318
319
308
320
321
Sylvia's Well
310
322
Good Ne
Well
311
312
Timanembolmmmanemboen
Bendatoega Sthool
Sabtenga
Tanghln de Saaba
Wells shown in green are projects completed In thts finanoal year. Those shown In yellow have been
complete In September to De￿mber 2024.
324
325
326
Ouvla'swell
313
314
Myra's Wells ((harlty Number 1143345)
Page 35