OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

Trustees' Annual Report for theperiod
From Period start date To Period end date
01 January 2023 31 December 2023

Section A Reference and administration details

Charity name Timothy Wells Charitable Trust

Other names charity is known by NA

Registered charity number (if any) 1165079

Charity's principal address 89 Highlever Road

London Postcode W10 6PW

Names of the charity trustees who manage the charity


Trustee name Office (if any) Dates acted if not
for whole year
Name of person (or body)
entitled to appoint trustee
(if any)
TimothyWells Chair
Josephine Hall Trustee
Philippa Snellgrove Trustee

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

Kenya-based trustees: Names Committee Meetings Venerable Benson Thungururu (Chair) Conducted regularly with Zoom online option for those who can’t attend in person. Bernard Mugo (Treasurer/Accountant) Rev. Stanley Njoka (Advisor – UK based) Julia Wanjiru Mwai (Programme Coordinator) Mercy Wanjiku Munene (Teacher/Mentor) Martin Gacheru (Teacher/Mentor) George Mwangi Chege (Student Rep)

Names and addresses of advisers (Optional information)

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

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

N/A

TAR

June 2024

1

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Trust deed dated 08 April 2015

How the charity is constituted

Trust

Trustee selection methods

Appointed by Timothy Wells

Additional governance issues (Optional information)

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

Timothy Wells set up a committee of trustees based in Kenya during his December 2018 trip.

The Kenya-based committee of trustees currently includes two teachers and a student representative (a graduate of the TWCT sponsorship programme) and it aims to meet four times a year (using Zoom as necessary) to oversee the programme and to check the accounts.

This committee of trustees is responsible for assessing any new student referrals for the sponsorship programme. The ongoing plan is to take on up to five new students a year.

Section C Objectives and activities

The objects of the Timothy Wells Charitable Trust are the advancement of such charitable purposes for the public benefit (according to the law of England and Wales) as the trustees see fit from time to time and in particular, but without limitation of the foregoing:

(b) the relief of poverty, hardship, and distress worldwide, and in Summary of the objectives of particular amongst persons throughout the world who are persecuted for the charity set out in its their Christian faith and persons in East Africa; governing document

(d) the protection and preservation of the environment and the preservation of endangered species of animals;

(e) the relief of those suffering from Alzheimer’s disease or from cancer.

TAR

June 2024

2

Funds from the charity are divided between East African Education Sponsorship and UK Charities (ratio between 90:10 to 70:30) at the discretion of the main trustee.

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)

Additional details of objectives and activities (Optional information)

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

TAR

June 2024

3

Section D Achievements and performance

Summary of ’ Activities during 2023 relating to the charity s main objectives: the main achievements (a) the advancement of the education of persons in East Africa: of the charity during the year

(a) the advancement of the education of persons in East Africa:

This year the charity sponsored 26 students (15 secondary school and 11 further education) needing financial assistance, as identified by the Diocese, giving the individuals the skills and possibilities to progress further with their education and chosen career. Four students graduated from secondary education and the trust has helped them find suitable tertiary courses/next steps in their education. Two students graduated from tertiary education, one with a BSc in Economics and Finance, and one graduated from a music school course in DJ and video production.

The Programme Coordinator continued her visits to sponsored students during the year both to check in with them on their progress and to help encourage them in their ongoing studies.

The Programme Coordinator and Trustees on a home visit in January 2023.

She also arranged a Mentorship Day on 29 April 2023 that all sponsored students attended. The agenda included some helpful sessions both for specific school subject areas (maths and sciences), transferable skills (effectiveness) as well as for students’ mental health (self-esteem).

Another new initiative for 2023 is that sponsored students are being given the opportunity to have computer training as part of efforts to prepare them for the world of work.

In August 2023 students had their annual celebration and teambuilding event at Nanyuki, gateway to Mount Kenya and the wilderness of Mount Kenya National Park, which involved some helpful group sessions.

TAR

June 2024

4

Section D Achievements and erformance p

Students’ teambuilding safari trip in August 2023 at Ol Pejeta Conservancy in Nanyuki also attended by Timothy Wells.

Of note, the Trust has agreed to change the format for the December team-building event and to invest in a safari outing once every four years, with hotel-based teambuilding events for the other three years.

In December 2023 during the long 2-month holiday, a 2-week course was conducted at Utugi Children’s Home to help the secondary students with extra coaching in subjects such as maths, physics, chemistry and biology.

Students during December 2023 holiday tuition at Utugi Children’s Home.

TAR

June 2024

5

Section D Achievements and erformance p

The Timothy Wells Charitable Trust Alumni programme ran a celebratory Mentorship Day in December 2023, recognising the achievements of the two graduates at tertiary education level from the programme this year, and continues to build an ongoing link with those students who have benefitted from the sponsorship of the Trust and to give them an opportunity to continue to be part of the Trust.

(b) the relief of poverty, hardship, and distress worldwide, and in particular amongst persons throughout the world who are persecuted for their Christian faith and persons in East Africa:

In 2018 the local accountant for the TWCT in Kenya opened a ‘Cooperative Finance System’ that the TWCT pays regular contributions to. Local people can borrow money from the account and pay it back with a low interest rate. Any profit on the account is returned to the Trust. We are continuing to make payments into the Cooperative Finance System to support the local Kenyan community. It is a small amount of income, however an ongoing initiative.

The cooperative tea farm sited in the Kirinyaga Diocese on ¾ acre of land purchased by the Timothy Wells Charitable Trust in 2016 continues to be managed with student participation. The Programme Coordinator was proactive in getting young avocado trees planted on a slope too steep for tea bushes with a view to generating further income.

Tim Wells’ visit to the tea plantation with Julia Wanjiru Mwai and some students in September 2023.

Various contributions were also made to UK-based charities such as: Amnesty International, Barnabas Fund, Christian Solidarity Worldwide, Gurkha Welfare Trust.

(c) the advancement of the Christian faith:

Various contributions were made to UK-based charities such as All Souls Church, London; Premier Christian Media Trust, Christian Solidarity Worldwide, Evangelical

TAR

June 2024

6

Section D Achievements and erformance p

Alliance, Jews for Jesus, Tearfund, Feba Radio, Langham Partnership.

(d) the protection and preservation of the environment and the preservation of endangered species of animals: Various contributions were made to UK charities such as National Trust, The Woodland Trust, RSPB, WWF UK, Greenpeace Environmental Trust, Friends of the Earth Trust, Solar Aid, Surrey Wildlife Trust, Kew Foundation.

Various contributions were made to UK charities such as Alzheimer’s Society, Cancer Research UK, Tom’s Trust, Macmillan Cancer Support.

TAR

June 2024

7

Section E Financial review

Brief statement of the charity’s policy on reserves

As of 31[st] December 2023, there were financial reserves in both the Trust’s UK and Kenyan-based bank accounts:

UK: Barclays Community Account: £6,643.85

Kenya: Co-operative Bank Account 564,294 KES (Kenyan Shillings) = c£2,821 @ 200 KES:£1 FX)

These funds are carried over into 2024 to continue the ongoing work of the Trust and to ensure a continuing education opportunity for the sponsored students in Kenya with school and university fees paid in a timely manner.

Details of any funds materially in deficit

NA

Further financial review details (Optional information)

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

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 Full name Timothy Wells Position Chair

Date

TAR

June 2024

8

Timothy Wells Charitable Trust UK accounts for year ending 31 December 2023

Date
(all 2023)
£ Credit
Donor
from UK
donors
INCOME
£ Credit
Donor
from UK
donors
INCOME
OUTGOINGS
Purpose
UK Charities
E.African
Education
Sponsorship
£ Grants to
OUTGOINGS
Purpose
UK Charities
E.African
Education
Sponsorship
£ Grants to
OUTGOINGS
Purpose
UK Charities
E.African
Education
Sponsorship
£ Grants to
03-Jan
03-Jan
04-Jan
16-Jan
16-Jan
23-Jan
23-Jan
23-Jan
27-Jan
01-Feb
01-Feb
03-Feb
06-Feb
08-Feb
10-Jan
13-Feb
13-Feb
14-Feb
14-Feb
20-Feb
21-Feb
23-Feb
27-Feb
01-Mar
01-Mar
01-Mar
02-Mar
06-Mar
13-Mar
23-Mar
23-Mar
23-Mar
24-Mar
30-Mar
31-Mar
03-Apr
11-Apr
17-Apr
19-Apr
21-Apr
24-Apr
24-Apr
26-Apr
26-Apr
27-Apr
02-May
02-May
03-May
03-May
05-May
09-May
09-May
19-May
22-May
23-May
24-May
01-Jun
01-Jun
02-Jun
05-Jun
05-Jun
09-Jun
£300
£20
£70
£8,000
£300
£20
£500
£20
£20
£50
£20
£300
£500
£1,000
£20
£20
£20
£30
£50.14
£20
£500
£300
£60
£20
£5,060
£20
£300
£50
£20
£500
£30
£100
£20
£300
£600
£20
St Helens Church
Mr Yu
Dr Skidmore
T W Wells
St Helens Church
Mr Yu
Mr Hill
Dr Skidmore
Dr Skidmore
Dr Skidmore
Dr Skidmore
St Helens Church
Mr Hill
Mr Joyce
Mr Yu
Dr Skidmore
Dr Skidmore
Dr Skidmore
Mr Stalder
Mr Yu
Mr Hill
S Helens Church
Dr Skidmore
Dr Skidmore
HMRC Gift Aid
Dr Skidmore
St Helens Church
Dr Skidmore
Mr Yu
Mr Joyce
Dr Skidmore
Mr Hill
Dr Skidmore
St Helens Church
Mr Stalder
Mr Yu
£100
£50
£50
£300
£300
£50
£50
£1,000
£50
£50
£50
£50
£100
£50
£50
£50
£100
£50
£50
£252.40 Computer Aid International
Tearfund
£10,000 ACK TW Sponsorship
£21
£330
£21
£700
Bank charge ref above
Tom's Trust
Kamuiru Boys Secondary School
Bank charge ref above
Jews for Jesus
All Souls Church
St Helens Church
St Stephen's Children's Home
National Trust
CWR
WWF UK
Surrey Wildlife Trust
Feba's Radio
Marlborough College Foundation
Premier Christian Media Trust
Barnabas Fund
A Rocha UK
Macmillan Cancer Support
YMCA England and Wales
All Souls Church
The Woodland Trust
£10,000 ACK TW Sponsorship
£21 Bank charge ref above
RSPB
14-Jun
28-Jun
28-Jun
30-Jun
03-Jul
07-Jul
11-Jul
17-Jul
19-Jul
20-Jul
31-Jul
01-Aug
01-Aug
01-Aug
09-Aug
09-Aug
11-Aug
14-Aug
17-Aug
21-Aug
21-Aug
21-Aug
22-Aug
29-Aug
01-Sep
01-Sep
04-Sep
11-Sep
12-Sep
12-Sep
12-Sep
25-Sep
02-Oct
02-Oct
02-Oct
02-Oct
06-Oct
11-Oct
20-Oct
20-Oct
23-Oct
24-Oct
31-Oct
01-Nov
01-Nov
01-Nov
03-Nov
07-Nov
13-Nov
13-Nov
16-Nov
16-Nov
20-Nov
30-Nov
01-Dec
11-Dec
14-Dec
22-Dec
29-Dec
£500
£20
£600
£300
£20
£500
£600
£20
£300
£300
£40
£600
£20
£40
£300
£8,000
£20
£20
£600
£1,000
£20
£20
£50
£610
£20
£20
£350
£20
£500
£20
£600
£350
£10
£1,000
Mr Joyce
Mr Yu
Mr Stalder
St Helens Church
Dr Skidmore
Mr Joyce
Mr Stalder
Mr Yu
St Helens Church
St Helens Church
Dr Skidmore
Mr Stalder
Mr Yu
Dr Skidmore
St Helens Church
T W Wells
Dr Skidmore
Dr Skidmore
Mr Stalder
Mr Joyce
Mr Yu
Ms Somerville
St Helens Church
Mr Stalder
Mr Yu
Dr Skidmore
St Helens Church
Dr Skidmore
Mr Joyce
Mr Yu
Mr Stalder
St Helens Church
Dr Skidmore
Mr Joyce
Sub-total OUT
£50
£100
£50
£400
£50
£50
£50
£77
£50
£50
£100
50
£100
£50
£50
£100
£400
£50
£50
£50
£4,477
£700
£397.80
Solar Aid
St Stephen's Children's Home
True Freedom Trust
Alzheimer's Society
Marylebone Christian Charity
Compuer Aid International
Arab World Ministeries
Evangelical Alliance
Gurkha Welfare Trust
Kew Foundation
Amnesty International Charitable
Cancer Research UK
Christian Solidarity Worldwide
£10,000 ACK TW Sponsorship
£21
£700
£33,164.20
Bank charge ref above
St Stephen's Children's Home
FitzRoy Support
Langham Partnership
Greenpeace Environmental
Friends of the Earth Charitable
True Freedom Trust
Marylebone Christian Charity
Royal British Legion
Ripple Effect
Premier Christian Media Trust
Total IN £36,570.14 Total OUT £37,641.20
Balance
for 2023
-£1,071.06
UK Charities
11.9%
~~E.African~~
Education
Sponsorship
88.1%
For £30,000 ACK TW Sponsorship Programme expenditure see separate expenditure breakdown in
Split of
donations
Split of UK Charities
11.9%

donations
~~E.African~~
Education
Sponsorship
88.1%

For £30,000 ACK TW Sponsorship Programme expenditure see separate expenditure breakdown in Kenyan Financial Statement document page 12

(HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustsesl members of Timothy Wells Charitable Trust On accounts for the year ended December 2023 Charity no. 1165079 Set out on pages See document 'TWCT income and outgoings year ending 31 Dec 2023.xlsx' I report to the trustees on my examination of the accounts of the 8bove charity ('Ihe Trust.) for the year ended 3111212023. Responsibilities As the charity's trustees, you are r8sponsible for the preparation of the accounts in and basis of rèport accordance with the requirements of the Charities Act 2011 ltthe Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 ofthe 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under Section 145(51(b) of the Act. Independent examiner's ststement I have completed my examinalion. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below) which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with Ihe accounting records., or the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf 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 in this report in orderto enable 8 propèr understanding of the accounts to be reached. Signed: Name: Relevant professional qualificatlon(s) or body lif any): Address: Lf

Section B Disclosure Only cornplete if the examiner needs to highlight material matters of concem (see CC32, Independent examination of chaiity accounts.. directions and guidance for examiners). Give he￿ brlef detalls of any items thatthe examiner wishes to disclose. IER Oct 2018