THE LIVING WATERS TRUST Trustee's Report for year ending 31st March 2023
The ministry of the Trust during this period was severely limited by the decision of The Na�onwide Building Society to close their Charity Accounts. It was very difficult to find a bank that was willing to open an account for the Trust. We came to understand this was due to new regula�ons to clamp down on money laundering. We were finally able to open an account for the Trust with the Chari�es Aid Founda�on Bank.
masts is well down because last years sum included a lot of back rent. We will be expec�ng a lower income in future as the lease renewals for the masts come up. This is due to the new government regula�ons concerning the status of communica�on masts as being essen�al to the Na�onal Infrastructure.
The objec�ves of the trust remain as follows,
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to advance the Chris�an Faith.
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to bring help to the disadvantaged, in the U.K. and overseas.
In seeking to further these objec�ves the trust expects to con�nue to support to the following organisa�ons :
Objec�ve 1 News for Everyone, Beacon Church. The Oxford Centre for Chris�an Apologe�cs, World Horizons, ... Objec�ve 2 Open Doors, Barnabus trust, Chris�an Solidarity Worldwide. A.D.F.
Objec�ve 3 In agreeing the alloca�on of support, the trustees will con�nue to give considera�on to the Charity Commissioner's guidance on “public benefit “, in par�cular as it relates to chari�es involved in the advancement of religion. Beacon Church, The Chris�an Blind Mission, M.A.F. Mercy Ships, Medair, The Leprosy Mission, Tear Fund, Freedom from Torture.
Chris�an basis, all offer their ministries without any discrimina�on on the basis of class, race, faith or gender. Some of these also appear in the lists for objec�ves 1 and 2.
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World Horizons, their feeding program for poor children at a school in Niger, West Africa.
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Beacon Church, the Food Bank covering a large part of Runnymede.
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The Chris�an Blind Mission.
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Yeldall, a charity working with the rehabilita�on of men with alcohol and drug addic�ons.
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5.Missionary Avia�on Fellowship, for their relief work in Africa and Asia.
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6 Mercy Ships, for their medical work around coastal countries of Africa.
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7 Medair, emergency aid for nutri�on, health, water &sanita�on work in remote areas of Africa and Asia.
8.The Leprosy Mission, for their ongoing work in Nepal, Sri Lanka, India, Bangladesh and Myanmar including specialist research into the disease
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Tear Fund for their work in development in 3[rd] world countries.
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Freedom from Torture.
Safeguarding Vulnerable Groups.
In general our support is channelled through U.K. Registered Chari�es. However the trustees will con�nue to review the work of each ministry that is supported, principally on the basis of the chari�es' annual reports and in some cases on the basis of their own personal knowledge. Signed by the trustees,
C. J. Van Den Broek A. Van Den Broek.
The Living Waters Trust
Accounts for year ending 31 March 2023
Living Waters Trust
Declaration by Independent Examiner.
I have examined these accounts for the year ending 31st March 2023 and confirm that they agree with the records.
Mr E Peacock
Date 21/12/2023
Living Waters Trust
Balance Sheet as at 31 March 2023
| Assets Balance in Nationwide account Total Assets Balance in Charities Aid Foundation Bank account Balance at 31 March 2022 increase / (decrease) in year Balance at 31 March 2023 |
2023 £ 66,475.55 £66,475.55 29,700.51 36,775.04 £66,475.55 |
2022 £ 29,700.51 |
|---|---|---|
| £29,700.51 26,111.62 3,588.89 |
||
| £29,700.51 |
Living Waters Trust
Income and Expenditure Account for Year Ending 31 March 2023
| 2023 | 2022 | |
|---|---|---|
| Income | £ 49.50 8,890.54 20.00 27,840.00 36,800.04 25.00 |
£ |
| Other donations Total Income Administrative costs Beacon Church Gross Interest Income from Masts Rent Grants made Barnabus Open Doors Christian Solidarity Worldwide |
25.60 34,063.29 30,000.00 |
|
| 64,088.89 0.00 1,000.00 20,000.00 5,000.00 2,000.00 |
||
| Beacon Church for Nigel and Lisa | 500.00 | |
| Bible Society Satalite 7 Yeldall Manor Medair Wycliff Word Horizons Mercy Ships Freedom from Torture Stewardship for Tribal.Transformation.India. Care OCCA Leprosy Mission Missionary Aviation Fellowship |
1,000.00 1,000.00 8,000.00 1,000.00 1,000.00 500.00 3,000.00 6,000.00 1,000.00 1,000.00 3,000.00 1,000.00 2,000.00 |
|
| A.D.F. | 500.00 500.00 500.00 1,000.00 |
|
| Good News for Everyone Practical Action Christian Blind Mission Total Expenditure Excess of Income over Expenditure |
25.00 £36,775.04 |
|
| 60,500.00 £3,588.89 |
Declaration by Independent Examiner. I have examined these accounts for the year ending 31st March 2023 and confirm that they agree with the records. Date Ig ILU