OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← The Amber Foundation

2025-04-30-accounts

Registered number: 03004111 Charity number: 1051388

THE AMBER FOUNDATION

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Chairman's statement and Trustees' report 2
Trustees' responsibilities statement 11
Independent auditors' report on the financial statements 12 - 15
Statement of financial activities 16
Balance sheet 17
Statement of cash flows 18
Notes to the financial statements 19 - 34

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 APRIL 2025

Trustees Mr Stephen Lyall
Lady Penelope Marland
Mrs Lucy Morris
Mr Richard Oldfield. OBE
Mr Barty Smith, OBE, Chairman
The Rt Hon Lord Soames of Fletching
Mr Charles Daniel (appointed 9 June 2025)
Company registered
number
03004111
Charity registered
number
1051388
Registered office
Ashley Court
Chawleigh
Chulmleigh
Devon
EX18 7EX
Company secretary
P J Rosam
Chief executive officer
P J Rosam
Independent auditors
Bishop Fleming Audit Limited
Chartered Accountants
Brook House
Winslade Park
Manor Drive
Clyst St Mary
Exeter
EX5 1GD

Page 1

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

CHAIRMAN’S STATEMENT FOR THE YEAR ENDED 30 APRIL 2025

This year has been one of reflection, celebration, and forward momentum for the Amber Foundation as we proudly marked our 30th anniversary. It is a significant milestone for any organisation, but especially for one that began with a simple yet powerful idea: that every young person deserves the opportunity to turn their life around, no matter their past or the challenges they face.

Over three decades, Amber has evolved into a respected and professional organisation, known for delivering life-changing support to young people facing homelessness, unemployment, and instability. It has been inspiring to see just how far we’ve come and this year, we made time to honour that journey.

As part of our anniversary, we commissioned a powerful short film capturing the stories of three individuals whose lives were transformed through their time at Amber. Their testimonies are a moving reminder of why we exist and of the lasting impact of the Amber approach. We were also thrilled to gather in London for a special celebration, bringing together supporters, staff, and friends of Amber to mark this important milestone. It was an evening full of gratitude, memories, and excitement for the future.

This year, the Amber team succeeded in helping 147 young people move on successfully. 68 young people secured employment upon leaving our centres, with a further 9 moving into work in the months afterwards. 8 moved on into education and training, and 71 achieved a major personal goal that brought them closer to the workplace. With an overall success rate of 80%, Amber continues to have a positive impact on the lives of the young people who stay at our centres.

Amid the celebrations, we also faced deep sadness with the loss of Eddie Jordan, our Patron and longstanding friend. Eddie’s unwavering support and belief in Amber’s mission have been a constant source of strength over the years. His legacy lives on in the many lives changed through his generosity and advocacy.

We were also pleased to welcome a new trustee to the Board, Charlie Daniel, who brings a professional interest in AI and data, alongside a strong commitment to helping Amber grow. We look forward to benefiting from his insights and his contacts, which will support our work as we continue to evolve and plan for a new centre.

With the Supported Housing (Regulatory Oversight) Act on the near horizon, we are confident in our preparedness and proud of the high standards of support, accountability, and governance that already underpin our services.

In closing, I want to thank our dedicated staff, volunteers, fellow trustees, funders, and every person who has supported Amber throughout this landmark year. We look to the future with ambition and optimism, fuelled by 30 years of impact and an unwavering belief in the potential of every young person who comes through our doors.

(46 Sete Barty Smith (Chairman)

Date: 23rd January 2026

Page 2

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT FOR THE YEAR ENDED 30 APRIL 2025

The Trustees (who are also company directors) are pleased to present their annual Trustees’ Report, together with the financial statements of the charity for the year ending 30th April 2025, which are also prepared to meet the requirements for a trustees’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Our purposes and activities

The purposes of the charity are:

To enable Amber to deliver the above purposes in an effective and professional way, our key activities are identified as:

  1. Ashley Court residential centre, Devon

  2. Bythesea Lodge residential centre, Wiltshire

  3. Farm Place residential centre, Surrey

  4. Downsview residential centre, Kent

  5. Fundraising activities

The Trustees have had regard to the Charity Commission’s guidance on public benefit.

Amber has 4 well-established centres in Surrey, Devon Kent and Wiltshire helping up to 114 young people (residents) at any one time to achieve their respective goals, whether it be into education, training or employment and into their own accommodation.

Farm Place (FP) – Surrey

Farm Place, located on the outskirts of Ockley village in Surrey, has had an active and impactful year.

The centre partnered once again with Orpheus, a local disability charity—this time delivering a film-making project where young people collaborated with Orpheus students to produce a series of short films and creative pieces. A partnership with the Accumulate Arts Project also led to the installation of a striking new wall mural at the centre’s entrance.

Volunteering played a major role in young people’s development this year. Young people volunteered at Gateway Community Allotments, Froggetts Flower Farm, Dorking Community Fridge, Surrey Hills Café, and Ockley Community Café, gaining employability skills, confidence, and a sense of community belonging. These efforts culminated in the Arts Alive event in October 2024, where local residents were invited to the centre for a morning of resident-led art and discussion.

Further community engagement included a four-week Wild Swim Project at Mercers Country Park and a twoweek tree planting course delivered by Surrey Care. On-site workshops ranged from yoga and dance to meditation, music, and bike maintenance, the latter certified through the GASP programme.

Educational progress has been significant. Young people completed a numeracy course at High Ashurst, first aid training through the Red Cross, and some achieved Level 1 Maths through the Multiply programme.

Page 3

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025

Positive employment outcomes were recorded across various sectors, including manufacturing, maintenance, hospitality, and customer service. Partnerships with Thames Water and Maclaren Construction saw several young people progress into employment with these organisations.

Downsview (DV) – Ashford Kent

Downsview, located in Ashford, has continued to thrive with a broad range of new and strengthened partnerships.

Established collaborations with organisations such as Kent and East Sussex Railway, Accumulate, Kent Wildlife Trust, Ashford Borough Council, and Freedom Leisure were further developed. New partnerships were also formed with Uprising, Smart Works, MODUS, Keel Toys, and Treat Me Right CIC, broadening access to opportunities and support for residents.

Creative expression was encouraged through monthly music sessions with the Ashford Community Drumming Band. Volunteering placements included roles at Uprising, and with the Kennington Community Council on a new allotment initiative. A 10-week wellbeing programme delivered by Primal Runners introduced residents to kayaking, rock climbing, and coastal walking.

Recreational trips to Thorpe Park, Kingswood Outdoor Activity Centre, and a local inflatable aqua park contributed to peer bonding, raised aspirations, and supported emotional wellbeing.

Young people benefited from talks and workshops delivered by Kent Police, Magenta Recruitment, and other community organisations. Weekly counselling sessions remain a core element of support, with consistently high engagement and positive outcomes.

Staff delivered a variety of creative and reflective workshops, including a human rights session and a "What is Home?" art project, inspired by a visit to the Tate Modern. Daily wellbeing was supported by “Morning Move” sessions introduced by the Induction Team.

Site improvements were made possible through a volunteer week with MODUS, which included the installation of a new patio and outdoor seating. Gardening and therapeutic sessions were enhanced with the addition of vegetable beds and conservation areas. Weekly cooking sessions, led by a volunteer chef, and painting workshops helped boost young peoples’ skills and improve centre facilities.

Accredited and CPD qualifications continued to support progression. Young people achieved successful move-ons into the Navy, Marines, Border Force, healthcare, and customer service roles, among others.

Bythesea Lodge (BL) – Trowbridge Wiltshire

Bythesea Lodge in Trowbridge has had a strong year, maintaining its focus on employment, education, and community partnerships.

Young people have entered work in retail, hospitality, landscaping, and accessed training opportunities including CSCS and SIA certification. The centre maintained close partnerships with organisations such as Volunteer It Yourself, Ringway, Turning Point, Storehouse Foodbank, ReadEasy, and Active Trowbridge.

Ringway offered full-time employment to a second young person and committed to a new community allotment project for 2025/26. Funding from the VINCI Foundation supported progress on a team room renovation. Collaboration with Firefly Properties opened new move-on housing options for young people through the rent deposit scheme.

In January 2025, the centre hosted the High Sheriff of Wiltshire and other Amber supporters for a site tour and networking event. Young people acted as guides and showcased their achievements with pride.

Page 4

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025

Cultural and educational trips included visits to Aardman Studios and the Ocean Youth Trust, with one young person invited to return as a volunteer. A fortnightly outreach service from the local Job Centre helped improve access to employment and training pathways.

Wellbeing support remained strong, with access to one-to-one counselling, anger management courses, and group substance misuse sessions. A new partnership with Man Down, a peer-to-peer men’s mental health group, enabled young people to access emotional support in towns across Wiltshire.

Occupancy remained high, with the staff team providing consistent, person-centred support to help young people overcome barriers and move on successfully.

Ashley Court (AC) – Devon

Ashley Court, located in the village of Chawleigh, Devon, experienced a year of growth with a strong focus on employment, wellbeing, and recovery support.

Young people progressed into full-time employment across the logistics, care, and customer service sectors, and moved into independent accommodation through the Every Youth Rent Deposit Scheme.

The centre established partnerships with organisations including One Stop Business Finance, Starling Property Solutions, Hays Recruitment, and Tesco. These partners delivered employability support such as CV writing, budgeting, and interview skills workshops, as well as sector-specific presentations.

Recovery remained a key priority at Ashley Court. Support from ARA Recovery For All included regular gambling and gaming addiction workshops. Narcotics Anonymous continues to run bi-weekly groups, which remain well attended.

Creative engagement was fostered through lyric writing and music workshops with local artist Semantics, providing a valuable emotional outlet. A public performance event is planned for June 2025 to showcase residents’ work.

Ashley Court also promoted community involvement and environmental wellbeing. Young people participated in litter picks and tree planting with sustainability groups in Tiverton and Chulmleigh. With support from volunteer Amy and Maintenance Manager Kevin, the centre expanded its garden spaces, including the installation of a second polytunnel and new vegetable beds.

The centre took part in the Eden Project Sleep Out 2024 and hosted an on-site Fire Walk in October 2024. Both events raised funds and awareness while helping build resilience among young people.

Page 5

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025

Achievements and performance

Amber’s achievements and performance are reflected in the number of young people it helps, especially its success rate. The average length of stay for a young person is six months.

The following is a summary of the number of young people at each Amber centre for the financial year to 30th April 2025:

AC BL FP DV
Opening Residents at 01 May 2024 26 32 29 16 103
New Starters 46 64 70 50 230
Total Leavers (49) (68) (70) (42) (229)
Closing Residents at 30 April 2025 23 28 29 24 104
Average number of young people in
2025 26 29 26 19 99
Average number of young people in
2024 24 26 23 17 90

The following is an analysis of the Total Leavers figure above. Success rates are calculated after deducting the 4 week leavers. The overall success rate has increased on last year. Figures in brackets are the results for the year to April 2024

AC BL FP DV Total
Leavers into a job 10 (10) 28 (20) 15 (13) 15 (10) 68 (53)
Leavers into education
or training		 4 (3) 3 0 0 (3) 1 (5) 8 (11)
Leavers into major goal* 12 (29) 25 (14) 27 (28) 7 (15) 71 (86)
Total successful leavers 26 (42) 56 (34) 42 (44) 23 (30) 147 (150)
Unsuccessful leavers 13 (10) 5 (12) 14 (10) 5 (7) 37 (39)
Success rate 67% (81%) 92% (74%) 75% (81%) 82% (81%) 80% (79%)

In addition, a further 8 young people who left Amber without a job were found to be in employment when contacted by our support and evaluation worker after their departure from our programme between May 2024 and April 2025.

Page 6

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025

*Major goals are defined as:

  1. Abstinence from drug or alcohol misuse.

  2. Reunited with family.

  3. Completion of four weeks work experience.

  4. Completion of recognised volunteering programme.

  5. Achievement of vocational qualification.

  6. Achievement of level two or higher academic qualification.

Fundraising

2025 marks Amber’s 30th anniversary year, and once again, we have been incredibly fortunate to receive support from a wide range of generous and loyal individuals, grant-giving trusts and foundations, companies, and partner organisations.

Donations this year have ranged from significant contributions towards our core costs and specific projects such as funding a bed space, supporting Team Leader salaries, covering programme costs, and helping to maintain our centres. We feel deeply privileged to receive such consistent and meaningful support, and we extend our sincere thanks to everyone who has donated over the past year.

We are especially pleased to have received funding from major national organisations such as the Garfield Weston Foundation and the National Lottery Community Fund, alongside support from trusts closer to our centres, including the Shanly Foundation, Colyer Fergusson Charitable Trust, The Highway One Trust, and the Surrey, Kent, Wiltshire and Devon Community Foundations.

We also successfully participated in the Big Give Christmas Challenge once again in December 2024. This matched giving campaign doubles all donations made during a one-week period leading up to Christmas. Thanks to the generosity of Amber’s supporters, we achieved our fundraising target of £100,000, which directly supported our work with young people during the winter months.

While we run a small number of public fundraising campaigns such as the Big Give, the majority of our funding continues to come from trusts and foundations, with support received from over 50 throughout the year.

Looking ahead, we will continue to invest appropriately in our fundraising efforts, ensuring we can sustain and grow the intensive, person-centred support that we know has a life-changing impact on the young people who come to Amber.

Page 7

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025

Financial review

The Trustees are pleased to report that during the year, Amber received monetary donations of £1,696,529 (2024 £1,781,845). The Trustees wish to record their thanks for the generosity of all those donors who have enabled Amber to continue its charitable work this year. In addition to the above, Amber’s other main income streams have achieved:

Voluntary income
Activities for Generating Funds
Housing Benefit
Young People Related Income
Others
Total Income		 2025
2024
£
%
£
%
1,696,529
48%
1,781,845
47%
-
0%
397,687
10%
1,564,808
44%
1,362,428
36%
279,064
8%
258,825
7%
11,439
0%
8,919
0%
3,551,840
3,809,704

Activities for Generating Funds income is 0 (2024: £397,687). This is due to our biennial Amber Rocks event not happening this year.

Housing Benefit income of £1,565k (44%) in 2025 has increased from the figures reported in 2024 at £1,362k (36%). as a result of strong occupancy and negotiated uplifts with local authorities.

Voluntary income has decreased slightly compared to the previous year, but remains a very strong and reliable income stream.

Young People Related Income refers to funded bed spaces £39k (2024: £45k) and weekly top-ups from benefits that the Young People are asked to contribute £239k (2024: £210k).

Overall Net Income/Expenditure for the year was -£0.4k (2024: £408k)

The 2025 Balance Sheet has seen movements to 2024 as follows:

Current Assets: The cash flow has seen an increase in 2025 to £971k from £887k reported in 2024. Debtors have seen an increase of £77k due to more prepayments and accrued income. Total Current Assets for 2025 was £1,337k (2024: £1,175k).

Liabilities have seen Creditors at less than one year increasing by £80k which is mainly due to an increase in accruals.

Net Assets are £5,544k (2024: £5,545k).

Page 8

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025

Investment powers and policy

The Trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in an interest-bearing deposit account.

Under the Memorandum and Articles of Association, the charity has the power to invest in any way the Trustees wish.

Reserves policy

The policy of the Trustees is to hold reserves to provide stability during fluctuations in the level of donations and the potential impact of a change of Government policy on funding. This is a risk based approach following guidance issued by the Charity Commission. The process followed to assess the level of reserves to be held includes understanding the nature of the charitable funds held, identifying our functional assets, understanding the financial impact of any risk, review our sources of income and the impact of any future plans and commitments.

Total reserves are:

Total Reserves
Less Restricted
Total Unrestricted Reserves
Less the net book value of
fixed
assets
less
the
outstanding mortgage
Surplus/(Deficit)		 2025
2024
£
£
5,544,337
5,544,746
(1,872,632)
(1,829,302)
3,671,705
3,715,444
(3,126,122)
(3,188,134)
545,583
527,310

Of the restricted funds, £1,420,640 is invested in fixed assets. The remaining £451,992, whilst for specific purposes, will be used to cover permitted elements of running costs during 2025/26.

Future plans

The board of Trustees and the management team are committed to establishing a fifth centre over the next two years and are exploring potential sources of capital funding to this end.

Amber going concern assessment October 2025

An assessment has been undertaken to identify the key business risks facing Amber. Each risk has been evaluated in terms of its likelihood and potential impact. In addition, cash flow forecasts and fundraising projections have been prepared, reflecting the best available estimates of funding, staff costs, operational costs and capital expenditure.

As part of this assessment, we have considered potential risks to our two primary income streams, as well as the impact of inflation on costs.

Page 9

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025

1. Voluntary Income (Fundraising Activities)

Amber benefits from a strong and experienced fundraising team, which has cultivated long-standing relationships with a broad range of trusts, foundations, and major donors over many years. Over the past year, we have secured several high-value, multi-year grants, and developed a robust pipeline of funding applications to both existing and new funders.

We use a reliable and tested process to assess the likelihood of success for each application, which informs our cash flow projections submitted to the Board. This approach provides confidence in the sustainability of our voluntary income stream.

2. Rental Income (Housing Benefit)

Rental income is funded by residents entitled to receive housing benefit. At present, there are no anticipated government policy changes that would pose a risk to this income stream.

In 2024, Amber successfully negotiated significant housing benefit increases across the three local authority areas in which we operate. Further increases were secured at three of our centres in 2025. Predicted occupancy levels remain stable over time, supporting the continued reliability of this income.

3. Overall Financial Position

In addition to strong income forecasts, analysis of our improved free reserves indicates that the charity will have sufficient liquidity to operate over the foreseeable future.

Amber holds no lease liabilities and owns the freehold for all its operational premises, with no outstanding mortgages. This provides a strong financial safety net, with assets that could be realised in an emergency if required.

Conclusion

Based on this assessment, and considering our income forecasts, reserves, and property holdings, the going concern assumption has been adopted.

The Trustees’ Report, incorporating a strategic report, was approved by order of the Board of Trustees, as the company directors, and signed on its behalf by:

Barty Smith (Chairman)

Date: 23rd January 2026

Page 10

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 30 APRIL 2025

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report including the Strategic report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to our auditors

In so far as the Trustees are aware at the time of approving our Trustees' annual report:

Approved by order of the members of the Board of Trustees and signed on its behalf by:

Barty Smith (Chairman) Date: 23rd January 2026

Page 11

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE AMBER FOUNDATION

OPINION

We have audited the financial statements of The Amber Foundation (the 'charitable company') for the year ended 30 April 2025 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

OTHER INFORMATION

The other information comprises the information included in the Trustees' Report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Trustees' Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 12

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE AMBER FOUNDATION (CONTINUED)

OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken in the course of the audit:

MATTERS ON WHICH WE ARE REQUIRED TO REPORT ON BY EXCEPTION

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report included within the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

AUDITORS' RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Page 13

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE AMBER FOUNDATION (CONTINUED)

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud, which included incorrect recognition of revenue, management override of controls using manual journal entries, purchase ledger, and considered the greatest potential for fraud as incorrect recognition of revenue and consideration of restricted income.

In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory frameworks that the Charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act 2006, The Charities Act, Charity SORP 2019 and tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the Charity’s ability to operate or to avoid a material penalty. These included data protection regulations,safeguarding, occupational health and safety regulations and employment legislation.

Our procedures to respond to risks identified included the following:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Page 14

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE AMBER FOUNDATION (CONTINUED)

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from an error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

USE OF OUR REPORT

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Munro BA FCA (Senior statutory auditor)

for and on behalf of Bishop Fleming Audit Limited Chartered Accountants Statutory Auditors Brook House Winslade Park Manor Drive Clyst St Mary Exeter EX5 1GD

Date: 28th January 2026

Page 15

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 APRIL 2025

Note
INCOME FROM:
Donations and legacies
4
Charitable activities
5
Other trading activities
6
Investments
TOTAL INCOME
EXPENDITURE ON:
Raising funds:
7
Cost of Amber Rocks
. Other costs of raising funds
Charitable activities
TOTAL EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
Net movement in funds
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
2025
£
900,092
1,843,872
-
11,439
2,755,403
-
279,468
2,519,674
2,799,142
(43,739)
3,715,444
(43,739)
3,671,705		 Restricted
funds
2025
£
796,437
-
-
-
796,437
-
-
753,107
753,107
43,330
1,829,302
43,330
1,872,632		 Total
funds
2025
£
1,696,529
1,843,872
-
11,439
3,551,840
-
279,468
3,272,781
3,552,249
(409)
5,544,746
(409)
5,544,337		 Total
funds
2024
£
1,781,845
1,621,253
397,687
8,919
3,809,704
186,273
254,401
2,960,932
3,401,606
408,098
5,136,648
408,098
5,544,746

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 19 to 34 form part of these financial statements.

Page 16

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE) REGISTERED NUMBER:03004111

BALANCE SHEET AS AT 30 APRIL 2025

2025 2025 2024
Note £ £
FIXED ASSETS
Tangible assets 12 4,546,762 4,628,591
Investments 1 1
4,546,763 4,628,592
CURRENT ASSETS
Stocks 13 3,180 3,259
Debtors 14 362,729 284,750
Cash at bank and in hand 971,014 887,111
1,336,923 1,175,120
CURRENT LIABILITIES
Creditors: amounts falling due within one
year 15 (339,349) (258,966)
NET CURRENT ASSETS 997,574 916,154
TOTAL ASSETS LESS CURRENT
LIABILITIES 5,544,337 5,544,746
TOTAL NET ASSETS 5,544,337 5,544,746
CHARITY FUNDS
Restricted funds 17 1,872,632 1,829,302
Unrestricted funds 17 3,671,705 3,715,444
TOTAL FUNDS 5,544,337 5,544,746

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Barty Smith

(Chairman) Date: 23rd January 2026

The notes on pages 19 to 34 form part of these financial statements.

Page 17

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 APRIL 2025

Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash provided by operating activities
19
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
NET CASH USED IN INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of borrowing
NET CASH USED IN FINANCING ACTIVITIES
CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR
Cash and cash equivalents at the beginning of the year
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR
20
The notes on pages 19 to 34 form part of these financial statements		 2025
£
214,766
11,439
5,230
(147,532)
(130,863)
-
-
83,903
887,111
971,014		 2024
£
573,259
8,919
-
(198,498)
(189,579)
(3,745)
(3,745)
379,935
507,176
887,111

Page 18

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

1. GENERAL INFORMATION

The Amber Foundation (the charitable company) is a private company limited by guarantee, incorporated in England and Wales. The registered office is Ashley Court, Chawleigh, Devon, EX18 7EX. Its company number is 03004111 and charity number is 1051388.

2. ACCOUNTING POLICIES

2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Amber Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 INCOME

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.3 EXPENDITURE

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 19

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

2. ACCOUNTING POLICIES (continued)

2.4 INTEREST RECEIVABLE

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.5 TANGIBLE FIXED ASSETS AND DEPRECIATION

Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following bases:

Freehold property - Over 75 years
Plant and machinery - 25% per year
Motor vehicles - 25% per year
Fixtures and fittings - Between 10% - 50% per year

2.6 INVESTMENTS

Investments in subsidiaries are valued at cost less provision for impairment.

2.7 STOCKS

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.8 DEBTORS

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 CASH AT BANK AND IN HAND

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 20

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

2. ACCOUNTING POLICIES (continued)

2.10 LIABILITIES AND PROVISIONS

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.11 FINANCIAL INSTRUMENTS

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 PENSIONS

The Charity operates a defined contribution pension scheme which is open to all staff through the Royal London Group. The pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.13 FUND ACCOUNTING

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 21

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

3. CRITICAL ACCOUNTING ESTIMATES AND AREAS OF JUDGMENT

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

Useful economic life of fixed assets: Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. The basis for depreciation charges are detailed in note 2.5 and are reviewed and adjusted prospectively if appropriate or if there is a significant change since the last reporting date. Useful lives are estimated by management with reference to manufacturers guidelines and existing knowledge and experience of the sector in which the Charity operates.

4. INCOME FROM DONATIONS AND GRANTS

Unrestricted
funds
2025
£
Donations and Grants
867,338
Gift Aid
32,754
900,092		 Restricted
funds
2025
£
796,437
-
796,437		 Total
funds
2025
£
1,663,775
32,754
1,696,529		 Total
funds
2024
£
1,758,469
23,376
1,781,845

5. INCOME FROM CHARITABLE ACTIVITIES

Unrestricted
funds
2025
£
Housing Benefit
1,564,808
Residents' Contributions
239,318
Third Party Residential Bed Space
39,358
Other Incoming Resources
388
1,843,872
TOTAL 2024
1,621,253		 Total
funds
2025
£
1,564,808
239,318
39,358
388
1,843,872
1,621,253		 Total
funds
2024
£
1,362,428
210,435
45,434
2,956
1,621,253

Page 22

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

6. INCOME FROM OTHER TRADING ACTIVITIES

Income from fundraising events

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Amber Rocks - donations - - 397,687

Amber Rocks is a two yearly event and did not take place in 2025. In 2024 the cost of the Amber Rocks event was £186,273 and the net contribution made to The Amber Foundation was £211,414.

7. EXPENDITURE ON RAISING FUNDS

Unrestricted
funds
2025
£
Amber Rocks
-
Advertising
7,669
Staff Expenses
12,676
Fundraising - wages and salaries
228,735
Fundraising - NI
24,881
Fundraising - pension costs
5,507
279,468		 Total
funds
2025
£
-
7,669
12,676
228,735
24,881
5,507
279,468		 Total
funds
2024
£
186,273
11,713
7,062
207,882
21,731
6,013
440,674

Page 23

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

8. ANALYSIS OF EXPENDITURE BY ACTIVITIES

Ashley Court, Devon
Bythesea Lodge, Wiltshire
Farm Place, Surrey
Downsview, Kent
Central overheads		 Activities
undertaken
directly
2025
£
867,676
554,996
700,779
507,749
-
2,631,200		 Support
costs
2025
£
-
-
-
-
641,581
641,581		 Total
funds
2025
£
867,676
554,996
700,779
507,749
641,581
3,272,781		 Total
funds
2024
£
640,828
544,219
719,013
499,101
557,771
2,960,932

Analysis of direct costs

Staff costs
Residents costs
Property costs
Utilities
Vehicles
Office & admin
costs
Other staff costs		 Ashley
Court
2025
£
472,637
81,132
107,099
45,502
23,678
108,026
29,602
867,676		 Bythesea
Lodge
2025
£
307,901
60,725
114,324
32,280
7,660
14,841
17,265
554,996		 Farm Place
2025
£
384,205
71,333
124,703
40,534
14,851
21,499
43,654
700,779		 Downsview
2025
£
266,195
60,046
97,973
42,476
3,544
16,684
20,831
507,749		 Total
funds
2025
£
1,430,938
273,236
444,099
160,792
49,733
161,050
111,352
2,631,200		 Total
funds
2024
£
1,317,957
282,791
403,320
148,326
52,190
81,904
116,673
2,403,161

Page 24

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

8. ANALYSIS OF EXPENDITURE BY ACTIVITIES (continued)

Analysis of support costs

Central
overheads
2025
£
Staff costs
491,158
Professional fees
14,500
Office & admin costs
92,742
Governance costs
30,054
Other Staff Costs
13,127
641,581
9.
AUDITORS' REMUNERATION
Fees payable to the Charity's auditor for the audit of the Charity's annual
accounts
10.
STAFF COSTS
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 Total
funds
2025
£
491,158
14,500
92,742
30,054
13,127
641,581
2025
£
14,775
2025
£
1,957,605
178,275
45,339
2,181,219		 Total
funds
2024
£
359,554
77,547
71,137
21,755
27,778
557,771
2024
£
14,020
2024
£
1,718,295
157,599
37,243
1,913,137

During the year 1 employee received a redundancy payment of £2,403 (2024: £8,779 to 1 employee).

The average number of persons employed by the Charity during the year was as follows:

Direct charitable objectives
Administration management and fundraising		 2025
No.
64
12
76		 2024
No.
62
12
74

Page 25

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

10. STAFF COSTS (continued)

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2025 2024
No. No.
In the band £60,001 - £70,000 1 -
In the band £70,001 - £80,000 - 1
In the band £80,001 - £90,000 1 -
In the band £100,001 - £110,000 1 1

The total employee benefits, excluding employer's National Insurance contributions, of the key management personnel of the Charity were £311,621 (2024: £288,430) to 4 personnel (2024: 4).

Amber operates a money purchase pension scheme which is open to all staff. The total number of staff for whom retirement benefits are accruing under money purchase scheme is 48 (2024: 47).

11. TRUSTEES' REMUNERATION AND EXPENSES

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).

During the year ended 30 April 2025, no Trustee expenses have been incurred (2024 - £NIL).

Page 26

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

12. TANGIBLE FIXED ASSETS

Freehold
property
£
COST
At 1 May 2024
5,144,633
Additions
-
Disposals
-
At 30 April 2025
5,144,633
DEPRECIATION
At 1 May 2024
768,586
Charge for the year
61,773
On disposals
-
At 30 April 2025
830,359
NET BOOK VALUE
At 30 April 2025
4,314,274
At 30 April 2024
4,376,047
13.
STOCKS
Cost of food in the centres
14.
DEBTORS: DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income		 Plant and
machinery
£
30,981
6,820
-
37,801
24,797
5,932
-
30,729
7,072
6,184		 Motor
vehicles
£
78,617
24,853
(19,265)
84,205
65,409
2,497
(11,665)
56,241
27,964
13,208		 Fixtures and
fittings
£
732,639
125,322
-
857,961
499,487
161,022
-
660,509
197,452
233,152
2025
£
3,180
2025
£
3,029
7,386
352,314
362,729		 Total
£
5,986,870
156,995
(19,265)
6,124,600
1,358,279
231,224
(11,665)
1,577,838
4,546,762
4,628,591
2024
£
3,259
2024
£
14,393
27,298
243,059
284,750

Page 27

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Other creditors
Accruals and deferred income
DEFERRED INCOME
Deferred income at 1 May 2024
Resources deferred during the year
Amounts released from previous periods
Deferred income at 30 April 2025		 2025
£
81,007
109,639
148,703
339,349
2025
£
16,990
11,384
(16,990)
11,384		 2024
£
73,340
85,915
99,711
258,966
2024
£
1,754
16,990
(1,754)
16,990

16. DEFERRED INCOME

Amounts deferred relate to contract income paid by Surrey County Council for Farm Place.

Page 28

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

17. STATEMENT OF FUNDS

STATEMENT OF FUNDS - CURRENT YEAR

UNRESTRICTED FUNDS
DESIGNATED FUNDS
Fixed assets
GENERAL FUNDS
General Funds
TOTAL UNRESTRICTED
FUNDS
RESTRICTED FUNDS
The purchase of the Kent site
Residents' support fund
Site improvement fund
Team Leaders' salaries fund
Employability of residents' fund
The Barclays Project
Young peoples' activities fund
Other restricted funds
TOTAL OF FUNDS		 Balance at 1
May 2024
£
3,188,134
527,310
3,715,444
1,440,457
149,592
51,195
13,738
86,729
1,343
20,066
66,182
1,829,302
5,544,746		 Income
£
-
2,755,403
2,755,403
-
228,029
56,099
297,830
140,609
-
16,965
56,905
796,437
3,551,840		 Expenditure
£
(211,407)
(2,587,735)
(2,799,142)
(19,817)
(229,124)
(99,680)
(185,395)
(117,655)
-
(23,007)
(78,429)
(753,107)
(3,552,249)		 Transfers
in/out
£
149,395
(149,395)
-
-
-
705
43,453
-
-
500
(44,658)
-
-		 Balance at
30 April
2025
£
3,126,122
545,583
3,671,705
1,420,640
148,497
8,319
169,626
109,683
1,343
14,524
-
1,872,632
5,544,337

Page 29

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

17. Statement of funds (continued)

Designated funds

The fixed asset fund represents the value of funds tied up in fixed assets, excluding any fixed assets represented in restricted funds.

Restricted funds

The purchase of the Kent site represents the value of a donation for the purchase of the site. If the site ceases to be required and is sold, proceeds are returnable to the donor.

The residents' support fund consists of donations received to support young people across all centres.

The site improvement fund consists of donations received to fund improvements of Amber's centres.

The team leaders salaries fund consists of donations received towards the cost of team leader salaries.

The employability of residents' fund consists of donations received to improve the employability of residents.

The Barclays project fund consists of a donation to support residents mental health.

Page 30

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

17.
Statement of funds (continued)
STATEMENT OF FUNDS - PRIOR YEAR
Balance at
1 May 2023
£
UNRESTRICTED FUNDS
DESIGNATED FUNDS
Fixed assets
3,164,808
GENERAL FUNDS
General Funds
103,530
TOTAL UNRESTRICTED
FUNDS
3,268,338
RESTRICTED FUNDS
The purchase of the Kent site
1,460,274
Residents' support fund
253,531
Site improvement fund
61,964
Team Leaders' salaries fund
67,196
Amberteers' activities fund
3,845
Employability of residents' fund
-
The Barclays Project
5,096
Young peoples' activities fund
-
Other restricted funds
16,404
1,868,310
TOTAL OF FUNDS
5,136,648		 Income
£
-
3,052,404
3,052,404
-
195,831
35,145
232,985
-
153,980
-
19,750
119,609
757,300
3,809,704		 Expenditure
£
(186,525)
(2,418,773)
(2,605,298)
(19,817)
(299,770)
(45,914)
(286,443)
(3,845)
(67,251)
(3,753)
316
(69,831)
(796,308)
(3,401,606)		 Transfers
in/out
£
Balance at
30 April 2024
£
209,851
3,188,134
(209,851)
527,310
-
3,715,444
-
1,440,457
-
149,592
-
51,195
-
13,738
-
-
-
86,729
-
1,343
-
20,066
-
66,182
-
1,829,302
-
5,544,746		 Transfers
in/out
£
Balance at
30 April 2024
£
209,851
3,188,134
(209,851)
527,310
-
3,715,444
-
1,440,457
-
149,592
-
51,195
-
13,738
-
-
-
86,729
-
1,343
-
20,066
-
66,182
-
1,829,302
-
5,544,746
527,310
3,715,444
1,440,457
149,592
51,195
13,738
-
86,729
1,343
20,066
66,182
1,829,302
5,544,746

Page 31

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Unrestricted
funds
2025
£
Tangible fixed assets
3,126,122
Fixed asset investments
1
Current assets
884,931
Creditors due within one year
(339,349)
TOTAL
3,671,705
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR
Unrestricted
funds
2024
£
Tangible fixed assets
3,188,134
Fixed asset investments
1
Current assets
786,275
Creditors due within one year
(258,966)
TOTAL
3,715,444		 Restricted
funds
2025
£
1,420,640
-
451,992
-
1,872,632
Restricted
funds
2024
£
1,440,457
-
388,845
-
1,829,302		 Total
funds
2025
£
4,546,762
1
1,336,923
(339,349)
5,544,337
Total
funds
2024
£
4,628,591
1
1,175,120
(258,966)
5,544,746
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
TOTAL

Page 32

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

19.
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW
ACTIVITIES
Net income/expenditure for the year (as per Statement of Financial
Activities)
ADJUSTMENTS FOR:
Depreciation charges
Loss/(profit) on the sale of fixed assets
Decrease in stocks
Increase in debtors
Increase in creditors
Deduct interest income shown in investment activities
NET CASH PROVIDED BY OPERATING ACTIVITIES
20.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand		 FROM OPERATING
2025
2024
£
£
(409)
408,098
231,224
206,342
(7,093)
-
79
3,496
(77,979)
(71,213)
80,383
35,455
(11,439)
(8,919)
214,766
573,259
2025
2024
£
£
971,014
887,111		 FROM OPERATING
2025
2024
£
£
(409)
408,098
231,224
206,342
(7,093)
-
79
3,496
(77,979)
(71,213)
80,383
35,455
(11,439)
(8,919)
214,766
573,259
2025
2024
£
£
971,014
887,111
206,342
-
3,496
(71,213)
35,455
(8,919)
573,259
2024
£
887,111

21. ANALYSIS OF CHANGES IN NET DEBT

Cash at bank and in hand At 1 May
2024
£
887,111
887,111		 Cash flows
£
83,903
83,903		 At 30 April
2025
£
971,014
971,014

22. PENSION COMMITMENTS

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £45,339 (2024: £37,243). Contributions totalling £16,909 (2024: £7,408) were payable to the fund at the Balance Sheet date and are included in creditors.

Page 33

THE AMBER FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

23. OPERATING LEASE COMMITMENTS

At 30 April 2025 the Charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years		 2025
£
1,368
1,026
2,394		 2024
£
2,952
4,656
7,608

24. RELATED PARTY TRANSACTIONS

Donations received from Trustees totalled £25,000 (2024: £11,000). No amounts were outstanding at the Balance Sheet date (2024: £Nil). There were no conditions attached to the donations received.

Donations were also received in the year of £60,000 (2024: £50,000) from CHK Charities of which Lucy Morris is a Trustee. No amounts were outstanding at the Balance Sheet date for both donations (2024: £Nil).

25. CONTROLLING PARTY

The Charity is controlled by the Trustees.

Page 34