MYRA'S WELLS
DRILLING OF WELLS IN RURAL VILLAGESPROVIDING AID TO CHRISTIAN SCHOOLS AND ORPHANAGES IN BURKINA FASO
Objects
3 Application of incomeThe Trustees must apply the income of the Charity in furthering the following objects (“the objects”) which shall be for the public bene?t in the Burkina Faso area of West Africa:-(i) to preserve and protect good health by providing finance for the drilling of wells and the provision of clean water and to ensure wells are maintained and in working order;(ii) to advance education by providing assistance to schools, in particular but not exclusively through the provision of equipment and supplies for schools; and(iii) to relieve ?nancial hardship by supporting small agricultural/horticultural projects; and(iv) to advance religion by passing on gifts for the purchase of Christian literature, including bibles, to churches where poverty makes it impossible for local people to buy them; and(v) to prevent and relieve poverty and further other charitable purposes (specifically, the social relief, resettlement and rehabilitation of persons under a disability or deprivation) by passing on gifts for the relief of suffering caused by terrorist activity (and consequent population migration), drought or other natural disaster.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £182,936, with unrestricted reserves of £96,821 and restricted reserves of £11,246 at the year end. The trustees report that the charity does not maintain a fund of monies held back from being used, as funds are directed to drilling wells as soon as practicable. While the trustees note new government regulations in Burkina Faso posing a threat to operations, they consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Donations and legacies 2 172,995 9,941 182,936 159,717” — page 24
“Nine trustees donated a total of £35,441 (2024: nine Trustees donated £36,719) to cover all administrative expenses incurred in order to run the office in Burkina Faso and charity running costs in the UK and in respect of donations for wells.” — page 31
Policies the charity declares
- Bullying and harassment policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- GEORGE EDWIN MARTINchair
- Christopher Jones
- Jeremy Edward Nash
- John Scott Pusey
- LOIS KRISTINA PARTRIDGE
- Mark Francis Anness
- PAUL ROSS MARTIN
- TRUDI CARTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £183k | £175k |
| 31/08/2024 | £160k | £124k |
| 31/08/2023 | £153k | £181k |
| 31/08/2022 | £295k | £275k |
| 31/08/2021 | £228k | £231k |
Common questions
Is MYRA'S WELLS financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £182,936, with unrestricted reserves of £96,821 and restricted reserves of £11,246 at the year end. The trustees report that the charity does not maintain a fund of monies held back from being used, as funds are directed to drilling wells as soon as practicable. While the trustees note new government regulations in Burkina Faso posing a threat to operations, they consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.