The Well Foundation SC040105 211b Main Street Bellshill Lanarkshire ML4 1AJ Income & Expenditure for the year ended 30th September 2024
The Well Foundation - Chari Number SC040105 Income And Expenditure Account - 30th September 2024 Incom £ 2024 £ 2024 £ 2023 £ 2023 Donation Received Grants Interesl 207.622 13.525 434 235,555 47.935 221.581 284.094 Ex enditurè Donations lo ChafAy Stationary Just Giving Other Events Other Inc Insurance 221.854 45 309,559 15,870 1.955 2,270 226,833 327,945 Surplus to date 5,252 43,851 Balance 88 per bank 30th Seplemt4r 2023- 2(r22 41.551 85,402 SurpluslDeficil to Dale 5.252 43.851 Balon¢• a• p•r bank 30th S•pt¢mb•r 2024 . 2023 36,298 41,S51
The Well Foundation - Chari Number SC040105 Balance Sheet As at 30th September 2024 Current A88etg 8ank 36.298 41.551 Re resented General Fund 36,298 41,551 The linancial statements on as above were aprrfo¥ed by the Trustees on 2nd May 2025 On behalf of the Trustees Dole.. 2nd May 2025 Oato". 2nd May 2025
APPENDIX 1 oscr,- Peri(xJ start dale Ye•r 2023 Period end date Uonth Year 2024 01 To 30 Office of the Scottish Charlty Regulator Reference and administration details Chartty namè Othor nam08 charity 18 known The Vell Foundab'on Regl8tered charlty number char,8 prlnclpal addrnss SC04010S 211b Main Street Beifshill Lanarkshire Postcode ML4 1AJ Namu of tho ¢h*rity tw8toH M dat• ol approval of Tr180•, Annual Report Tru8tee name Office {If any) D•tg• a¢tod If not for whoh y•ar lor body) ented to •ppolnt Iru•t•• Ilf any) Chainnan Treasurer Secretary 10 11 12 13 14 15 16 17 19
APPENDIX 1 Reference and administration details Names of all other charity trnstees during thè perlod. rf any. (for example, those who resigned p•rt way through the financial perlod) Nam• Datrs acted ff not for whole year Structure, governance and management Type of gov•mlng document Constitution Trustee recrultment and appointm•nt The Iruslees were those appointed on the eslablishmenl of the trust and represent the minimum nLtmber required. Appointment and removal is in accordance with the constitution which require5 that appointment is approved by unanimous agreement of the existing trustees and removal of any Iruslee by the unanimous agreement of the others. Objectives and activities Charitablè purposes To provide wells and sanitation facilities in the drought stricken aa$ To sponsor orphans and maintain their physical and spiritual upbringing Other local health campaigns and communities. assisting in local community sports To assist in the relief of poverty and suffering of any person who are in need including orphans, widows and displaced people. To alleviate the suffering of the world's poorest people Summary of the main aetlvities In ielation to these objects assisting in local communities and campaigns setting up and administrating local sports projects
APPENDIX 1 Achievements and performance Summary of the main achievements of the charity during the financial period The Chartty has raised over £222k for the period to 30th September 2024. After costs the charity has donated £227k to complete the building of wells, and donation to the other areas further a field and helping the less developed countries throughout the world and other local communities and local sports campaigns. Financial review Brief Statement of the charity'8 pollcy on reseThios The UnStrided funds represent income donated but not yet utilised in supporting charitable activities. At 30•) September 2024 the charity held £36,298 at the bank. This will then accumulates in future years to respond to other charitable organisations. Dgtails of any deflclt Donated facilities and serrfices Irf any)
APPENDIX 1 Other optional information Declaration The Irustee$ de¢larn that they have approv lh• Irustees. rnport above. Signed on haff of th• charlty's trustms Slgnatur•lsl Full name(sl Posltlon (e.g. Chairl Chaimwb Secretary Date 2nd May 2025 2n¢ May 2025
oscr The Well Foundation SC040105 Recei tsand ments accounts to Section A Statement of receipts and payments E%nd&b4 Ptsifflanent Totsl fundi cuffent rIOd Total futhth ltsi p•rlod lund A1 Roc•1 Oon•iionB 235 555 GTènlS Recei Is Irom fundf¥i ncw• Inve land and buikji Rqnls trryTr lJnd & bL¥kl ro88 recol moi re 221.5•1 221,M1 284,094 A2 Rec•lpt• Iroffl a•t & pr8$ Irom olfi¥•d •8 Prtt••d •k ofinv•simert 221,U1 221,581 284.094 AJ P•yffl•nl• Expen5 loi luThlrJisiry Gross IrBding payrnenls In¥it m•n8g•m•ni c¢•¢ P8ym•nis thr•city ¢0 th•rrt* 612 Gf8ni¥ oongtKJn• 221162 Govorn•rto coJi8 Pt•Wrniion of •nnu•i •¢¢oJn L•901 eost8 (x A3 Sub 1gf•l 226,133 327.916 A4 P•ym•rt• rnl•¢iThg to Ind inv•$im•nt Mov•m•nt• Purchase5 01 fixed assets Pur901 nTrmimEnls A4 Sub tothi Totslp•ynts 226.833 327,948 4J,8S AS Trnn#f•rn to i Ilroml fvrKI# Suws Ild•Trftl lory••r
PPENQIX2 The Well Foundation S¢ction B Statement of balances SC040105 PeTminEnt cndokn¢rtt p¢Nr TJLII I1 p&rfad ry¥¢ Bl Cash funds Casb bae$ Sb1 c4 41,JS1 A1.551 85.402 143,8$11 21299 41.551 L4Y B2 InY•8tm•rt• 3 Oth•¢i*stll T•W D•tsi T•t41 A4wI o eontlno•nt Ilabllttl•¥ Bn•d by 4pprov 22) 02N2J
APPENDLK 2 The Well Foundation SC040105 Section C Notes to the Accounts C1 Nature and purpose of funds (may be staled on anèlysjs ollunds rkSheels) AJI Trpo of aGtiwhy yprol•ct 8upport•d Indl¥Wwll 1mbrOlantr m•d• C2 Grants Total C38 Trust r•mun•rtlon Ilno rernwwo1 was paKI dur¥MJ Il period its any chaw trlee or ¢thcted 10 tW5tee Cross box 1oih8Thw5e Gompts Sofaion 3bl Authorty undor which paid C3b Tw8ts• r•mun•rnUon- dètall8 C41 Tru•l?e •xpens If no expenses ¥ pawy io any caiity Irustee drj the F4j this box (otheist ¢ete sect 4bl C4b Trus expensM- d•tall8 Trnnlacllc amoutit Iti QUtsLindlng It N1& ot transaction CS Transaction• wlth tni8tee• nd ¢onn8ct•d person• C6 Othor infomiatlon TrusteesNR Ap2eYeel 2tr24 1 Notes Decemb2r 2007
IPPEL¥l The Well Foundation SC040105 Additional analysis111 1 O¢no¥0 2•7.1 231.#51 Inlqrest OthefAthtyie*i•d T¢)thl I21 ? Gr•m• IiUl¢ulflffl 1).$2J 13.52J T4111 47.935 Tot4lGwr•M TWI 431 ankc Toi•1 $02
PPENf4X2 SC040105 Additional analysis121 Tbtsl £?s 17.• RoEo1 l¥1TLknMfL¥ Ik11 4J4 3ZI.¥BI 434 ¢th¥Q 2ZI.SBI Elv•nlIOr1u4ffjl Grlrrtjtt L•• r4w Trnn•fw• iolllrornlf¥nd• N•iur•4nd
APPENCLX2 The Well Foundation SC040105 Adijitional ana5ysi$131 R4[p Grs R•c fyoMtr•o1 R•nls Ir laThO& bulk11 PrlIdl olfix•d Prrcq¢d¥lrthm Ml• Df In¥0mlI P•ym•nt EAp•ni•i lorfunMry 1 Ltyw co moY•m•n PyrCha&è& ¢liix•d4SWI Tv4n•f•rJb)l¢fvornl fvr Natyrn4nd olfvrA
APPENDIX 3 oscr Office of the Scottish Charity Rggula¢or Independent examinerfs report on the accounts Report to th• Ch8nty Datnc truslwslmemb•r8 of The Well FourKlaliryi Regk8tered charity SC040105 number On the accounts ofth• charity lor the period Period stsrt dale Monlh Period end date Month Dby Yew 2023 Doy Yi•f oi 10 to 2024 Sel out on pagos {remErnber Indudèthè pao• retsi Respective The charity's tnjstees are r8sr)nsibb ts the pparatiOn of the aruntS In accordance re8POll8ibiliti•$ of with the lernKs of the Charities and Trustee Investment (Scolland) 2005 Act and the trustees and ex4mln•r Chanties Accounts Iseotlandl Regulations 2006. The charity Iruslees consider that the audff( requirement of Regulatn 10111 Idl of the Accounts RegulatnS doe8 not apply. 11 is my responsibility lo examine Ihe a¢UnIS os required under section 44111 Icl of the Act and to state whether particular matters have come to my attention. Basis of indvpendont My examinabon is camed out In accordance th Regulation 11 of the Charib'es examlnerfs statement Accounts IS¢ollandl Regulalions 2006. An examinalDn includes a review of the accounting records kept by the charity and a-ompaTison of the attounts presented wlth Ih05e records. It also includes consvjeration of any unusual items or disclosures in the accounts and seeks explanations from the Iruslee$ ¢onc8ming any Such matters. The pl(edureS undertaken do not prOVe all the evidence that would be required in an audit and, consequently, I do not express an audrt opiniin on the accounts. Ind•p•nd¢nt •xamlner'8 In ihe course of my examination. no matter has come to my attention lother than that statwnènt disdosed on the attached page'l which gives me r&wJnable cause lo believe that in any material respgcl the requirements. to keep 8ccounling records in cor(lancè wth secb'on 44{11 lal of ihe 2005 Act and Regulation 4 of the 2006 AcUnIS Regulations, and to prepare accounts which accord with the a¢¢ounling records and comply with ReguLglion 9 of the 2006 Accounts Reguklw)n$ have not been meL or to wtI In my opinion. attention should be drawn in order to enable a proper Slgned.. Name.. Rekvant professional qualification{s) or body Ilf any1= ate: Mey 2025 Address.. Please the word$ in the brackets rfthey do not appty. If the >1$ do ar¥ty. W Outthose m8tter5 wh¥th h8ve CL¥r¢ to your atteTrtlon on the f¢llty4irKJ p4e.
APPENDIX 3 Disclosure section Onty complete rf the examiner needs to highlight material problems. Give here brief detsils of any Items that the examiner wishes to disclose