2025-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date Day01 Month Year Day Month Year From 01 01 2025 To 31 12 2025

Section A Reference and administration details

Charity name JMB Educational Fund

Other names charity is known by

Registered charity number (if any) 1164262

Charity's principal address 4 Kingsfield Piece

Whittlebury Northants Postcode NN12 8TR

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Anna Wirth			Charitytrustees
	Louise Wirth			Charity trustees
	Russell Inman			Charity trustees
	Diane Hickey			Charity trustees
	June Corpuz			Charity trustees

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information) Type of adviser Name Address	Names and addresses of advisers (Optional information) Type of adviser Name Address	Names and addresses of advisers (Optional information) Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Constitution – 30[th] September 2015 (eg. trust deed, constitution) How the charity is constituted Charitable Incorporated Organisation (eg. trust, association, company) Trustee selection methods Trustees are appointed by the existing trustees (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about: •policies and procedures adopted for the induction and training of trustees; •the charity’s organisational structure and any wider network with which the charity works; •relationship with any related parties; •trustees’ consideration of major risks and the system and procedures to manage them.

Memorandum of Understanding between JMB Educational Fund and Nepalese Jesuit Society (2025) Other policies: Organizational Strategy Financial controls and Officers’ expenses Health and Safety at Work Equality and Diversity Risk management/Risk Register Conflict of Interest and Anti-Bribery Safeguarding Vulnerable Beneficiaries Reserves and Investment Privacy Data management Brand Guidelines School Engagement CIO Constitution Grant Making Trustee Code of Conduct Fundraising Complaints Handling Cloud Storage Safeguarding of Information on Mobile Devices Information Security Policy BringYour Own Device

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Data Accuracy Data Retention, Disposal and Destruction

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The Object of the CIO is, for the public benefit, the advancement of education of children and young people from socially and educationally disadvantaged backgrounds (but without limitation) providing scholarships for education and grants for the provision and upgrade of facilities in (but not limited to) Kathmandu, Nepal.

JMB Educational Fund provided 53 (girls and boys) scholarships for students aged 6-16 attending St Xavier’s School Godavari. The students are all from socially and educationally disadvantaged backgrounds. These scholarships allow pupils access to the entire academic curriculum. JMB Educational Fund provided 21 (girls and boys) scholarships for students aged 6-16 attending Moran Memorial, Jhapa, Eastern Nepal. The students are all from socially and educationally disadvantaged backgrounds. These scholarships allow pupils access to the entire academic curriculum. JMB Educational Fund provided 2 (girls) scholarships for students aged 6-16 attending ST Xavier’s Sadakbari, Eastern Nepal. The students are both from socially and educationally disadvantaged backgrounds. These scholarships allow pupils access to the entire academic curriculum JMB Educational Fund provided 17 Further Education Grants to students attending colleges in the Kathmandu valley. Courses include Grade 11/12 and Bachelor degrees in Law and Medicine/Surgery. A donation of £2000 was made to the Boys Social Service Centre and to the Girls Social Service Centre. These funds are used to support the education of the students. The 2025 activities align with the charity objectives and are for the public benefit.

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Additional details of objectives and activities (Optional information)

The trustees have regular zoom calls with the senior members of the Nepal Jesuit Centre as well as with some sponsored school students and Further Education students.

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

Section D Achievements and performance

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

JMB Educational Fund provided scholarships for students aged 6-16 attending St Xavier’s School Godavari, Moran Memorial School, Jhapa and St Xavier’s Sadakbari The students are all from socially and educationally disadvantaged backgrounds. These scholarships allow pupils access to the entire academic curriculum.

JMB Educational Fund provides Further Education Grants to students attending colleges in the Kathmandu valley. These included Grade 11/12 and Bachelor degrees in Law and Medicine.

JMB Educational fund also provided donations to the Nepalese Jesuit Society Social Service Centre.

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Section E Financial review

The charity holds reserves of £38 143

Brief statement of the charity’s policy on reserves

• Reserves are held to protect the Charity from unexpected drops in income or increases in expenditure. Reserves also allows the Charity to take advantage of new opportunities but these must be in line with its overall objectives. JMB’s reserves comprises:

• Student sponsorship fees which are pre-paid in advance for up to 5 years and funds which have been designated for specific projects such as the school building. These are called restricted reserves:

• Unrestricted reserves consist of funds that can be applied for charitable purposes.

  • For the year ending JMB’s unrestricted reserves consist of the following:

  • Reserves held to ensure that the fees for sponsored students and Further Education students can be sustained for 1 to 2 years should sponsors or trusts discontinue their donations.

  • Reserves for operating costs of the Charity for up to 12 months.

  • Any excess reserves can be used to fund new opportunities which are within the objectives of the Charity and with the specific approval of the Trustees. In the past years reserves were used to support the Social Service Centres and students following the COVID pandemic

After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

Details of any funds materially in deficit

Further financial review details (Optional information)

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Notes to accompany accounts:

You may choose to include additional information, where relevant about:

Unrestricted Income from Trusts - Income from Trusts less Further Education student fees and NJS administration fee.

• the charity’s principal sources of funds (including any fundraising);

Restricted Income from Trusts - Income from Trusts covering Further Education student fees, classroom donations and NJS administration fee.

• how expenditure has supported the key objectives of the charity;

Unrestricted Income from Individual Donations / Gift Aid -Income from individuals who are not regular sponsors.

• investment policy and objectives including any ethical investment policy Restricted Income from Individual Donations - Income adopted. from individuals who are regular sponsors of sponsored school children.

• Income from specific fundraising activities.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Louise Wirth Russell Inman Position (eg Secretary, Chair, Trustee Trustee etc) Date 7 March 2026

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Charity Name			1164262
JMB Educational Fund
					CC16a
For the period from	01/01/2025	To	31/12/2025

Section A Receipts and payments	Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £		Restricted funds to the nearest £		Endowment funds to the nearest £		Total funds to the nearest £		Last year to the nearest £
Income from Trusts			6,158				6,158		25,367
Income from Individual Donations	130		3,667				3,797		4,600
Other Contributions	215						215
Fundraising	1,573		2,469				4,042		4,929
Income from Gift Aid	1,002						1,002		932
							-
Sub total(Gross income for AR)	2,920		12,294		-		15,214		35,828
A2 Asset and investment sales, (see table).
	-
	-								-
Sub total	-								-
Total receipts A3 Payments
									35,828
NJS(school sponsorshipfees)			8,700				8,700		10,300
NJS(Further education fees)							-		7,171
NJS(admin fee)							-		232
NJS(Social Services)			2,000				2,000		2,000
NJS(Girls Social Service PAWA)									3,780
NJS(Janssen Scholarship)			3,111				3,111		10,467
CharityAdminstration	1,312						1,312		1,299
							-
**Sub total **	1,312		13,811		-		15,123		35,249
A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-								-
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
									35,249
	1,608								579
	42,752								44,055
	44,360								44,634

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds	Details Total cash funds (agree balances with receipts and payments account(s))	Unrestricted funds to nearest £ - - - 44,360 OK	Restricted funds to nearest £ - - - 365 OK	Endowment funds to nearest £
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				OK

CCXX R1 accounts (SS)

06/03/2026

1

Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Details	Details	Unrestricted funds to nearest £	Unrestricted funds to nearest £	Restricted funds to nearest £	Restricted funds to nearest £	Endowment funds to nearest £
	Gift Aid 2025		817		-		-
			-		-		-
			-		-		-
			-		-		-
			-		-		-
			-		-		-
	Signature Fees Pay Forward (School Fees) FE Student Fee 25/26 NJS Admin Fee 25/26 Details Details Details		Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) 760 5,603 220 - Print Name Louise Wirth Russell Inman				Current value (optional)
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							Current value (optional)
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							When due (optional)
							Date of approval
			Louise Wirth				7 March 2026
			Russell Inman				7 March 2026

CCXX R2 accounts (SS)

06/03/2026

2