## **Trustees’ Annual Report for the Period 1 March 2023 to 28 February 2024** ## **Section A Reference and administration details** Charity Name: Living Waters Social Enterprises Other names charity is known by LWSE Registered charity number 1182042 Charity’s principle address 17 Leigh Rd. Southampton SO17 1EF Names of the charity trustees who manage the charity: Christopher Romilly Trustee John Moore Trustee Dan Scutt Trustee ## **Section B Structure, governance and management** Type of governing document How the charity is constituted Trustee selection methods Foundation Model Constitution Charitable Incorporated Organisation by a resolution passed at a properly convened meeting of the charity trustees ## **Section C Objectives and activities** The objects of the CIO are: The prevention or relief of poverty or financial hardship in Nairobi, Kenya by providing or assisting in the provision of education, training, health care projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient. Summary of activities undertaken for the public benefit. The trustees have had regard to the guidance issued by the Charity Commission on public benefit in the carrying out of their duties for the charity. The main activities of the charity this year were to support members of the Kibera Saints organisation (Kenyan Community Based Organisation) in their delivery of drug rehabilitation and education projects for youth in the slum. Some of the Trustees were able to make a visit to Kenya this year. We have also maintained contact with our partners in Nairobi via the Internet. ## **Section D Achievements and performance** This is the fifth year of operation of the charity and the washroom building is a great physical presence in the Kibera slum that demonstrates the benefits that our charity is bringing to Kibera. The recent construction of a wall around the perimeter of the remaining space in the Kibera slum has protected this area and allowed it to be used as a community space. The Saints Restoration project, a drug rehabilitation and education project being run in the slum is changing the lives of many young people. The project is providing education about the dangers of narcotics abuse and young people are being mentored and supported by the team. The team also run a garbage collection business that offers paid employment to youth on the programme to provide them with some income and savings. ## **Section E Financial review** The charity runs on a zero fixed costs basis with no administrative overheads or other ongoing costs. All funds are directed to our work in Kibera with work in the UK being carried out by volunteers. Because of this we do not need to hold significant reserves and the policy is to not to have an overdraft. The trustees aim to keep costs as low as possible; Totalgiving is used for fundraising as they do not charge and Transferwise for financial transfers to Kenya as they have the lowest overall cost. The bank account is held with Co-op who make no charge. Web hosting and design is provided at no charge through a trustee’s business and the charity is operated from home. Because there are no projects planned by the teams in Nairobi at the moment the Trustees allowed the reserves to be used and did not undertake additional fundraising this year. Opening balance £ 3,376 Income £ Expenditure £ 2,359 Closing balance £ 1,017 ## **Section G Declaration** The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees: Christopher Romilly Trustee CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Living Waters Soaal Enterprises On accounts for the year ended 281h February. 2024 1182042 Charlty no Ilf any) Set out on pages 34 attached I report to the trustees on my examination of the accounts of the above ¢harity (Ihe Trusf) for the year ended 2810212024 Responsibilities and basis of As the charity trustees of the TTUSt. you are responsible for the report preparation of the accounts in accordance with the requirements of the Charrties Act 2011 ("the Act"). I report in respect of my exarnination of the Trust's accounts carried out under section 145 of the 2011 Ad and in canying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5>(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respe¢t'. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord viith the accounting records Independent examinerfs statsment I have no concems and have come across no other matters in onnection wtih the examination to which attention should be drawn in order to enable a proper understarKling of the accounts to be reached. Signed: Date: 11" December, 2024 Name: Mithael G. Beeby Relevant professlonal qualification{s) or body (if any): FCMA - CGMA Address: 17 Bart)e Baker Avenue West End IER Southampton S030 3RH Section B Disclosure only complete rf the examiner needs to highlight matters of concem (see CC32. Independent examination of Gharity accounts: directions and guidance for examiners). Give hern brièf detsils of any items that the examlner wishes to disclose. CHARITY COMMISSION FOR ENGLAND AND WALES LrwiThJ Walar¥ Soclal Entorprits•ts Recei tsand ments accounts CC16a For th• ￿riod 011031￿23 2910212024 Section A Receipts and payments un￿tricted fvnds R•stricted fund5 Endowmènt fund¥ tolhe nwe* £ **lhe Iwastf tothp nEirwt£ tOitr* A•irut£ ioth• th￿r•StÈ Total funds Losty••r A1 Reeai Lk>naDons n)ss Incon￿ for AR) A2 A$8•t and Inv•skn•nt Sales. $•• table . Sub total 4.905 A3Pa ments Donabons to CBO N* C(thmunty2019 MKroenter $8 Donabonsio KIL*ra SaiNs Re￿r￿al Bank ¢h8rges 3,374 1940 iJs• Sub totsl 6.J49 A4 A88et and Investmènt urcha6•S 888 table Sub total Net ofrecelpW(payments) AS Tra￿leY$ bt￿n funds A6 cash funds last year end Cash funds thls year end 1359 300 3S9 377 71 Section B Statement of assets and liabilities at the end of the period Unrestricted Restri¢ted funds fvnds Endowment funds CategoTI¢s Deta,'Is ID TrpareJtE to nearut£ to nearest£ B1 Cash funds. 711 Total cash funds 718 CCXX R1 ISS) 11112r2W24 Unrnstrictsd funds Rg8trict•d funds Endowm•nt funds to n•x•Bt£ Detai15 FuThlto*ttlch CuwTrTrt valu• Details FuTrak+whkh ¢urrvTrt value Details B4 Assets retainad for the charity's own us• When d Details B5 Llabllltles SvJned by ori%vo tr￿Stee5 LEhaff of all Ihe Irusiees Date ot roval Qh]nabJr Pn"nt Nan Rornil O&Nov-24 CCXX R2 aco)unt8'lSSI 1111212024