THE LIVING WATERS TRUST Trustee's Report for year ending 31st March 2024
The ministry of the Trust during this period was unexpectedly blessed by the donation of £354,442.00 specifically to enable the charity The Community Life Trust, the registered charity of Beacon Church Chertsey to purchase the building next door to it’s building. This is to enable the church to expand it’s existing involvement in the local community. This meant there was a temporary curtailment of our usual donations. However we expect to pick these up again in the next year.
The objectives of the trust remain as follows,
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to advance the Christian Faith.
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to give help to those who suffer as a result of their faith.
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to bring help to the disadvantaged, in the U.K. and overseas.
In seeking to further these objectives the trust expects to continue to support to the following
organisations :
Objective 1 Sat-7, Tribal Transformation in India, The Bible Society, Wycliff Bible Translators, Care, Good News for Everyone, Beacon Church. The Oxford Centre for Christian Apologetics, World Horizons, Objective 2 Open Doors, Barnabus trust, Christian Solidarity Worldwide. A.D.F.
Objective 3 In agreeing the allocation of support, the trustees will continue to give consideration to the Charity Commissioner's guidance on “public benefit “, in particular as it relates to charities involved in the advancement of religion. Beacon Church, The Christian Blind Mission, M.A.F. Mercy Ships, Medair, The Leprosy Mission, Tear Fund, Freedom from Torture.
During the year the Trust supported the following ministries. Under objective 1.
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Beacon Church, the ongoing support of 2 churches in South Africa.
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O.C.C.A. for it’s Apologetics ministry Under Objective 3.
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1..Beacon Church for it’s purchase of a building to extend it’s community work.
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New Life Church Biggin Hill for it’s support of disadvantaged children at the Dihlabeng school in Clarens S.A.
Safeguarding Vulnerable Groups.
In general our support is channelled through U.K. Registered Charities. However the trustees will continue to review the work of each ministry that is supported, principally on the basis of the charities' 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.
Sheet1
The Living Waters Trust
Accounts for year ending 31 March 2024
Page 1
Sheet1
Living Waters Trust
Declaration by Independent Examiner.
I have examined these accounts for the year ending 31st March 2024 and confirm that they agree with the records.
Mr E Peacock
Date
25[th] November 2024
Page 2
Sheet1
Living Waters Trust
Balance Sheet as at 31 March 2024
| Assets Balance in Charities Aid Foundation Bank account |
2024 2023 £ £ 51670 66476 |
|---|---|
| Total Assets | £51,670 £66,476 |
| Balance at 31 March 2023 increase / (decrease) in year |
66476 29701 -14806 36775 |
| Balance at 31 March 2024 | £51,670 £66,476 |
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Sheet1
Living Waters Trust
Income and Expenditure Account for Year Ending 31 March 2024
| 2024 2023 |
|
|---|---|
| Income | £ £ 207 50 394069 36751 394276 64089 62 25 409020 409082 25 -£14,806 £64,039 |
| Gross Interest Donations received Grants made UK Charities Total Income Administrati ve costs |
|
| Total Expenditure Excess of Income over Expenditure |
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Sheet1
The Living Waters Trust
Accounts for year ending 31 March 2024
Page 1
Sheet1
Living Waters Trust
Declaration by Independent Examiner.
I have examined these accounts for the year ending 31st March 2024 and confirm that they agree with the records.
Mr E Peacock
Date
25[th] November 2024
Page 2
Sheet1
Living Waters Trust
Balance Sheet as at 31 March 2024
| Assets Balance in Charities Aid Foundation Bank account |
2024 2023 £ £ 51670 66476 |
|---|---|
| Total Assets | £51,670 £66,476 |
| Balance at 31 March 2023 increase / (decrease) in year |
66476 29701 -14806 36775 |
| Balance at 31 March 2024 | £51,670 £66,476 |
Page 3
Sheet1
Living Waters Trust
Income and Expenditure Account for Year Ending 31 March 2024
| 2024 2023 |
|
|---|---|
| Income | £ £ 207 50 394069 36751 394276 64089 62 25 409020 409082 25 -£14,806 £64,039 |
| Gross Interest Donations received Grants made UK Charities Total Income Administrati ve costs |
|
| Total Expenditure Excess of Income over Expenditure |
Page 4