**To** ## **Trustees' Annual Report for the period** Period start date Period end date 01 01 2023 31 12 2023 **From** ## Section A Reference and administration details **Charity name** Running Well **Other names charity is known by Registered charity number (if any)** 1169004 **Charity's principal address** Chine Lodge Brook Isle of Wight **Postcode** PO30 4HA ## **Names of the charity trustees who manage the charity** |1
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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)**| |---|---|---|---|---| ||David Bateman|||| ||Julian Gabriel|Chairman||| ||GaryHale|||| ||Andrew Renshaw|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **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**| |---|---|---| |||| |||| |||| |||| ## **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 - (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted - (eg. trust, association, company) Trustee selection methods Appointed by the Trustees by a resolution - (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. ## **Section C Objectives and activities** The relief of poverty and advancement of health in underdeveloped and remote parts of Uganda by the provision of access to clean water. **Summary of the objects of the charity set out in its governing document** March **2012** **TAR** 2 Running Well operates on a purely voluntary basis and aims to provide a better quality of life for people living in underdeveloped and deprived parts of Uganda. The charity focuses on supporting and implementing projects which have a direct, tangible and measurable impact on improving accessibility to clean water for people in the poorest and remotest parts of Uganda, for example, by building water boreholes. The charity also organises and participates in events to encourage people to run or take up any other personal challenge to help raise funds for the projects that it supports. The Trustees have had regard to the guidance issued by the Charity Commission on public benefit when deciding on what activities the charity should be undertaking. **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: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. March **2012** **TAR** 3 Section D Achievements and performance ## **Summary of the main achievements of the charity during the year** The ongoing global political and economic instability as well as climate change implications continued to have an impact on the charity in 2023, especially with regards to the rising cost of materials and supply chain challenges, human resource constraints and ground conditions for drilling due to increasingly unpredictable weather patterns. Despite these challenges, the charity had another successful year both in terms of fundraising and managing its internal operating costs, with the total net income for the year being more than four times its original budget. The charity experienced some challenges during the year with the implementation of its projects mainly due to its main contractor having problems with its drilling equipment as well as poor ground conditions at one of its sites. This resulted in delays to the construction programme and completing some of the projects. Despite these delays, the charity still managed to successfully complete another three water boreholes, with its fourth borehole of the year also nearing completion. The charity also undertook a full audit of all of its existing water boreholes to ensure that they were working properly and being managed effectively by the water committees. The result of the audit was very positive with only a few minor maintenance and repair works required to some of the hand pumps. The Trustees also made a successful visit to Uganda in May to visit the charity’s projects and spend valuable time with its team on the ground. The improvement in how the water boreholes were being managed by the water committees, and the evident hands-on involvement of the women and their engagement with the Trustees, was particularly positive to see. March **2012** **TAR** 4 Section E Financial review The charity only commits to funding proi8Cts once it has secured all the funds required to deliver any given projecl. The charity generally retains sufficient cash rese￿eS to fund all of its operating expenses for a minimum of 12 months. Brief statement of the charity's pollcy on reserves Details of any funds materially in deficlt None. Further flnanclal revlew details (Optional Information} You may choose to include additional information, where relevant aboul: the charity's principal sour￿$ of funds (including any fundraising)., how expenditure has supported the key objectives of the charity. investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustaas daclarg that they have approved the trustees. rèport above. Slgnod on bohalf of the charfty's trustees Signalure( Full name(s} Positlon (eg Secretary, Chair, et¢) C14 4 IfilL4 Date TAR March 2012 ||**Running Well**|**Running Well**|**Running Well**|**Running Well**|**Running Well**|**1169004**|**1169004**|**1169004**|**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||**For the period**
**from**||01/01/2023||**To**||31/12/2023||| ||||||||||| |**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 £**| |
Planned donations|**5,291**|






|**-**|






|**-**|






|**5,291**|






|**-**| |Unplanned donations|**27,929**||**-**||**-**||**27,929**||**-**| |Grants|**1,000**||**-**||**-**||**1,000**||**-**| |Sponsorshipfrom fundraisingevents|**7,295**||**-**||**-**||**7,295**||**-**| |Bank interest|**45**||**-**||**-**||**45**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for AR)_|**41,560**||**-**||**-**||**41,560**||**-**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**-**| ||||||||||| |
Marketing|**61**|







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|**-**| |Fundraising|**13**||**-**||**-**||**13**||**-**| |Communications / IT|**165**||**-**||**-**||**165**||**-**| |Charitable activities|**34,495**||**-**||**-**||**34,495**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**|**34,735**||**-**||**-**||**34,735**||**-**| ||||||||||| |**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_**|||||||||| ||||||||||**-**| ||||||||||| ||**6,825**||||||||**-**| ||**-**||||||||**-**| ||**54,398**||||||||**-**| ||**61,223**||||||||**-**| CCXX R1 accounts (SS) 05/02/2024 1 Section B Statement of assets and liabilities at the end of the period Un￿tfieled funds Restricted funds Endowment fvnd5 Categorfes Detail¥ B1 Cashfundts 61.ZZ3 Totaleash fwxts 61223 Unre9trk￿ R•strlct8d funils &)dowment funds funds Details Delai15 Cc*t B3 Investment assets Details C(Mt14*iThHII B4 Assets retsined for th• ¢h•rty's own us• Details Ilatsllty rdaknÉ 85 Liabilities S￿J￿8¢1 by ort*0 twsle6s on behaff 0181 Ihe tru5 Dat8 of approval 6IIiL IJ CCXX Ff2 8fA*unts Issi 0410112024 Independent Examinerfs Report of Running Well's Accounts Accounting period: 1$1 January 2023 to 31st December 2023 Report prepared by: Shahida Mohamed Executive Summary This report has been prepared in accordan￿ wilh the Charty Commission's Diredions and Guidance for Examiners (CC32) for the Trustees of Running Well (the"Charity'). I confirm that there is no conflict of interest that prevents me from carrying out this independent examination. I further confimi that no matters of material signifi¢an¢e have com8 to my attention during my independent examination which need to be reported direct to the Commission. De8er]ptlon of Revlew Undertaken I have checked that the Charity is eligible to have an independent examination It is a Charitable Incorporated Organisation ('CIO'), the accounts have been correctly prepared on receipts and payments basis, and the total gross income for the financial year was £41,560. The Trustees have provided me with copies of the following documents for the period from 1 St January 2023 to 31° De￿rnber 2023: Receipts and Payments Accounts (CC16al Bank AcGount Statements Cash Flow Statement Tnjstees. Annual Report I have checked the fomi and contents ofthe Accounts and not found any discrepancies. I have reviewed the accounting records kept by the Charity, being the bank and cash flow statements, and I have compared these records with the Accounts presenled. I confirm thal the AGGounts are consistent with the accounting records, which are clear and have been kept to a good standard. I have nol identified any unusual items andlor disclosures and no unreasonable estimates, judgements or accountingpolicies have been used in the preparation of the Accounts. I have Gompared the Trustees, Annual Report with the Accounts and these are also consistent. The Trustees have considèred the financial circumstan￿$ of the Charity at Ihe end of the reporting period. which had cash surplus funds of £61,223. Conclusion Having reviewed the Acwunts and suppt)rting bank and ¢a$h flow stat8ments. together with the Trusleès, Annual Report. I confim that no material matters of concern have come to my attention. Signe by.. Date.. 26