## **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**
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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|
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**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
|**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**|
|---|---|---|
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**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|
|---|---|
March **2012**
**TAR**
2
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.|
March **2012**
**TAR**
3
**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
March **2012**
**TAR**
4
## 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.
March **2012**
**TAR**
5
**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:
1. 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:
2. 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)**
March **2012**
**TAR**
6
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
March **2012**
**TAR**
7
|**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 £**|
|---|---|---|---|---|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||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)**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**Current value**
**(optional)**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**When due**
**(optional)**|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
||||||||Date of approval|
||||Louise Wirth||||7 March 2026|
||||Russell Inman||||7 March 2026|
CCXX R2 accounts (SS)
06/03/2026
2