CHARITY REGISTRATION NUMBER: 1103222 The AMR Charitable Trust Unaudited Financial Statements For the year ended 31 March 2024 BEEVER AND STRUTHERS Chartered accountants The Beehive Lions Drive Shadsworth Business Park Blackbum BB12QS
The AMR Charitable Trust Financial Statements Yearended 31 March 2024 Pages Trustees, annual report Ito2 Independent exarninePs report to the trustees Statement of fmancial a¢tTVities Statement of fmancial positK)n Noles to the fmancial Slatements 6t08
The AMR Charitable Trust Trustees. Annual Report Year ended 31 March 2024 The trustees present their annual report together ryth the financial statements of the charrty for the year ended 31 March 2024. The trustees confim) that the Trustees Report and financial statements of the charity comply 1th the requirements of the Charities Act 2011. Referonce and adminlstrative details Rogistered charity name Charity rngistrdtion numbor Principal offlc• AMR Charitable Trust 1103222 Moss Rose Mill Springf ield Road Kearsley Bolton BL4 The trustees A M Sciama M E Sciama R N Sciama Independent examiner Helen Binns BA FCA Accountants Beever and Struthers The Beehive ons Drive Shadsv•Vrth Business Pa Blackbum BBI 2QS Struthre. govemance and management Goveming document The trust Wds established under a declaration of trust dated 19 March 2004. Recruilment The management of the Charity WKI appointment of f uture trustees V•ill be by resolution of the existirvJ trustees. Inducllon and trainlng There are no fomial policies or procedures in connection %%ith the induction and training of trustees. Rl8k management The trustees have examined the major strat&3ic, business and operational risks thIch Trust fa and conf irm that systems have been estsblished to enable regular reports to be produced so that the necessary steps can be taken to lessen those risks.
The AMR Charitsble Trust Trustees. Annual Report (contlnuedj Year ended 31 March 2024 Organisational structure The Tn1 is managed and administered by the trustees, none of orn receive any remuneration or expenses. The trustees nomially meet at least t¥Mce a year to consider the allocation of donations. Related parties During the year the Tmst receFved donations from FlameproofiNJs Limited. a company controlled by tr tntstees. Obj•clives and activitie8 Policie8 and Objedives The Trust's objects, as set out in the declaration of trust date 19 March 21J)4. a.. - The relief of poverty and hardship of members of the Jth4ish faith.. - The advancement of the Jeish ligIOn through Jthish education" arKI The promotion of any other exclusively charitable objects as the trustees in their absolute discretion think f it. Vle have refefred to the guidance contained in the Charity Commission's general guidance on pubk benef it revithmng our aims and objectives and in planning our future activities. Financial raview The trustees made distributions to Charities during the year amounting to £130,650 {2023.' £84,000) in furtherance of the Trust's principal aims and objectives. Grants and donations are made at the request of the tnjstees and also in response to specific requests from irKlividuals and organisations. Reserves pollcy At 31 March 2024 the Trust held unrestricted reserrfes of £2.056 (2023.. £1.456). Minimal levels of resepies are rK)w being held. with a policy to make future grants arKI donations out of future donation income. The trustees, annual pOrt was approved on ... trustees by.. 201 and signed on behalf of the boanl of v. M E Sciama Trustee
The AMR Charitable Trust Independent Examinerfs Reportto the Trustees ofThe AMR Charitable Trust Year ended 31 March 2024 I report to the twstees on my examination of the financial statements of The AMR Charitable Trust Cthe charity'} for the year ended 31 March 2024. Responsibillti08 and basis of rnport The trustees of the charity are responsible forthe preparation of the f inancial statements in accordan ith the requirements of the Charities Act 2011 {Ihe Act.). The trustees considerthat an audit is not required forthis year urKler section 144(2) of the Charities A 2011 (the 2011 Act) and that an iTrJependent examination is needed. tt is my responsibility to-. examine the accounts under section 145 of the 2011 Act.. to followthe procedures laid dobw in the gerrnI Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act" and to state 11tther particular matters have come to my attention. Basis of indopend•nt examinerfs report My examination was carried out in accordance %Mth the geral Directs'ons given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented %4ith those records. It also includes consideration of any unusual items or disclosures in the &counts, arKI seeking explanations from you as trnstees conceming any such matters. The procedures undertaken do not provide all the evidence that %Uld be required in an audit and consequently no opinion is given as to thether the accounts present a true and fairviev/ and the report is limrted to those matter5 set OLrt in the next statement. Indopendent oxamineys slatoment In connection Imth my examination. no matter has come to my attention: (1) bthich gives me reasonable cause to believe that in any material respect the requirements.. to keep accountirKJ records in accordance V•ith section 130 of the Charities Act 2011.. and to prepare accounts lch accord with the a¢countirKJ records and comply fjth the accountirYJ uirements of ttr* 2011 Act have not been met" or (2) to wthich, in my opinion, attention should be dr844n in order to enable a proper understanding of tt accounts to be reached. Helen Binns BA FCA Beever and Stnrther5 Chartered accountants The Beehive Lions Drive ShadSVrth Busirtss Park Blackbum BB12QS
The AMR Charitable Trust Statement of Financial Activibes Year ended 31 March 2024 2024 Unrestricted funds Total funds Total funds 2023 Income and endovfinents Donations and legacies Total Income 132,000 132,000 132,000 84,000 132,000 84,000 EXpendIrn Expenditure on charitable activities Total eXpendIre (131.400) (131,400) (131,400) (131,400) (84,300) {84,300) Net 18xpendiylnC0mO and net movement in funds 600 600 (300) Reconciliation of funds Total f unds brought f orwarrl Total funds carried forward 1,456 1,456 1.756 1,456 2.056 2,056 The statement of financial activities includes all gains and losses recognised in the year. All ifKome and expenditure derive f rom continuing activities. Th• rbote8 on pages 6 10 8 forni part 01 th080 financlal statements.
The AMR Charitable Trust Statement of Financial Position 31 March 2024 2024 2023 Current assets Cash at bank and in hand 16,056 2,056 Creditors: amounts falling due within one year Net current assets Total assets loss currnnt liabllities Not assets 11 {14.000) 2,056 2,056 {600} 1,456 1.456 2,056 1,456 Funds of the ¢harity Unrestricted funds Total charity funds 2.056 1,456 12 2.056 1,456 These financial statements ere approved by the board of trustees and authorised for issue on II/oqiLOI+ and are signed on behalf of the board by: M E Sciama Trustee The notss on pages 6 to 8 forni part ol those financlal statements.
The AMR Charitable Trust Notes to the Financial Statements Yearended 31 March 2024 Gera1 Infornialion charity is a public benefit entity and a registered charity in England and Wales and unincorporated. The address of the principal Offi is Moss Rose Mill, Springfield Road, Kearsley, Bolton, BL4 &1W. Slatement of compllance These financial statements have been prepared in compliance ith FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of RecommerKled Practice applicable to charities preparing their accounts in accord ance Vth the Financial Reporting StarKlard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Chafities Act 2011. Accounting policies Basis of preparion The financial statements have been prepared on the historical cost basis. The firk3ncial statements are prepared in sterfirvJ. thIch is the functional currency of the entity. Going concem There ¥e no material uncertainties about the charty's abilty to continue. Judgements and koy Sourtss of ostimalion uncertainty In the opinion of ttrt trustees tpere are no signrficantj'udgements that have a material effect on tre financial statements. Income tax As a registered charity, the Trust is generdlly exempt f rom Income Tax and Capital Gains Tax, b not frDm VAT. Ir0Verable VAT is included in the cost of those items to ¥%thich it relates. Fund accounllng Unrestricted funds are available for use at the discretion of ttr trustees to further any of the charity's purposes. Incoming resourcos All income is included in the statemerrt of finala1 activities entrtlement has passed to the charity, it is probable that the economic benef tts associated %Mth the transaction V¥ill f low to the charTty and the amount can be reliably measured. follov•ing specific policies are applied to particular Categories of income: Income f rom donations or grants is recognised %*then there is evidence of entitlement to the gl( receipt is probable and its amount can be measured reliably.
The AMR Charitable Trust Notes to the Financial Ststements (n(In4} Year ended 31 March 2024 RKources expended Experlture is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT N*hich cannot be fully recovered. and is classified under headings of the statement of financHT activities to ttICh it relates: Expenditure on charitable activities IncrleS all costs incurred by a charity in undertaking activiti&¥ that further its charitable aims for the benefit of its beneficiaries, including those support costs costs relating to the gO¥nCe of the charity apportioned to charitable activities. Financial Instruments The charity only has financial assets aKI f inancial liabilities of a kind that qualify as basic financia instruments. Basic financial instruments are initially OgnISed at transaction value and subsequently measured at their settlernent value. Donations and legacl88 Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donations Donations 132,000 132,000 84,000 84,000 The donations recpived f rom Flameproof irKJs Limited amounted to £132,000 (2023.. £84.000). Expendire on charitable activities by fund typo Unrestricted Tolaj Funds Unrestricted Total Funds Funds 2024 Funds 2023 Grants, donations and sponsorship Support costs 130.650 750 130,650 750 84,000 300 84,000 300 131,400 131,400 84,300 84,300 EXndIre on charllablo activitles by activity typo Grant funding of aclivities Support costs Total Tolal fund 2023 2024 Grants, donats'ons and sponsorship Govemance costs Other support costs 130.650 130,650 750 84,000 600 (300) 750 130.650 750 131.400 84,300 Analy81$ of grnnts 2024 2023 Grants to InstitionS Grarrts payable to various causes Total grants Independent examination fees 130,650 84.000 130,650 84,000
The AMR Charitable Trust Notes to the Financial Statements (C¢Mllnued) Yearended 31 March 2024 2024 2023 Fees payable to the indeperKlent examiner for. IndepIdent examination of tte f inancial statements Staff costs 750 600 The average head count of employees during the year Nil (2023." Nil). No employee received employee benefrts of more than £60,000 during the year (2023.. Nil). 10. Trustse remuneration and expenses No remuneration or other benefits fM employment Imth the charity or a related entity 4%ere received by the trustees. 11. Creditors: amounts falling due withln one year 2024 2023 Accruals and deferred income 12. Analysis of charitable funds Unrestrlcted funds 14,000 61x1 At 1 April 2023 At IoMe Expenditure 31 March 2024 General funds 132,000 (131,400) 2,0 At 1 April 2022 At income Expenditu 31 March 2023 General f unds 1,756 84,000 (84,300) 1,456 13. Analy818 of net assets bthwn funds Unrestricted Total Funds Funds 2024 Current assets Creditors less th 1 year 16.056 {14,000) 2.056 16,056 (14.000) 2.056 Unrestricted Total Funds Funds 2023 Current assets Creditors less than 1 year 2,056 (600) 1,456 2,056 (600) 1,456