Charity Number 1127628
Amazon Charitable Trust
Report and Accounts
31 July 2020
Amazon Charitable Trust Report and accounts Contents
| Page | |
|---|---|
| Trustees’ report | 1-2 |
| Independentexaminers’ report | 3 |
| Statement offinancial activities | 4 |
| Balance sheet | 5 |
| Notestotheaccounts | 6-11 |
Amazon Charitable Trust
Trustees Annual Report
The trustees present their report and accounts for the period ended 31 July 2020
History, objectives and activities of the Charity
The Charity was formed in 2009 and registered with the Charity Commission for the sole purpose of delivering an innovative, replicable ‘blueprint’ project in the Brazilian Amazon that creates a sustainable business model for a local population enabling the community to continue to act as guardians of the rainforest
Management
Trustees who served during the period:
R Pasley - Tyler B Redpath
Achievement and Performance of the Charity
In Q1 of 2019 we have continued our collaboration with the University of Southampton and migrated to the research group of UKoS which is constituted of professionals and researchers that are looking at solutions for UAV. Our ambition was to have a working prototype to be brought to the forest communities.
However, this year's agenda has been dominated by establishing a response to the Covid19 Pandemic, from february 2020, incurring delays in project activities that had to be suspended and launching new programmes.
Looking at the situation in Europe we quickly reacted and started to remotely organise an emergency relief programme to assist the 250 families with food and essentials called “ Food for the Jauaperi”. We have mobilized a network of individuals and organisations and worked in partnership with the federal government to bring assistance to the forest communities.
Financial Review, investment policy and reserves
During the period the Charity made an overall loss on its ordinary activities of £9,011.
Future plans
The trustees intend for the Charity to continue to meet the requirements as per its mission statement.
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Trustees Annual Report
Amazon Charitable Trust
Statement of trustees’ responsibilities
Charity law requires the trustees to prepare financial statements for each financial period which show a true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonabie steps for the prevention and detection of fraud and other irregularities.
Independent Examiner
The trustees intend to ask the accountants to undertake the independent examination of the Charity in the following year.
Signed on behalf of the trustees
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Mr R Pasley-Tyler i
23 April 2021
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Amazon Charitable Trust
Independent Examiner's Report to The Trustees
| report on the accouns of the Trust for the period ended 31 July 2020, which are set out on pages 4 to 11.
Respective responsibilities of trustees and examiner
The charity's trustees consider that an audit is not required for this period (under the Charities Act 2011 (the Act) and that an independent examination is needed.
lt is my responsibility to:
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examine the accounts under the Act;
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to follow the procedures laid down in the General Directions given by the Charity Commission under the Act; and
» to state whether particular matters have come to my attention.
Basis of the independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in, any material respect, the trustees have not mei the requirements to ensure that:
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proper accounting records are kept in accordance with the 2011 Act; and
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Michael Stern & Co. 92 Worton Way tsleworth Middlesex TW7 4AU
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amazon CHARITABLE TAUST
Amazon Charitable Trust
Charity Number 1127628
Statement of Financial Activities
Year ending 31 July 2020
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|---|---|---|---|---|---|---|---|---|---|
|Year|to|
|@|Unrestricted|Endowment|Total|this|31|July|
|3|funds|funds|period|2019|
|£|£|£|£|
|incoming|resources|3|
|Voluntary|income|47,723|-|47,723|104,968|
|Total incoming resources|47,723|-|47,723|104,968|
|Resources|expended|4-5|
|Charitable|activities|32,182|ss|32,182|73,564|
|Governance|costs|24,552|-|24,552|26,826|
|Total resources|expended|56,734|-|56,734|100,391|
|Net incoming/(outgoing)|resources|(9,04|1|}|-|(9,01|1|)|4,577|
|Total|funds|brought|forward|61,147|-|61,147|56,570|
|Total funds|carried|forward|52,136|-|52,136|61,147|
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? amazonCHARITABLE TRUST
Amazon Charitable Trust Balance Sheet as at 31 July 2020
Charity Number 1127628
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Restricted|Year|to|31|
|gs|Unrestricted|income|Total|this|March|
|2|funds|funds|period|2019|
|£|£|£|£|
|Fixed|assets|
|Tangible|assets|6|57|-|57|2,729|
|Total fixed assets|57|-|57|2,729|
|Current|assets|
|Debtors|7|1,269|-|1,269|1,269|
|Cash|at|bank|and|in|hand|63,538|-|63,538|99,127|
|Total|current assets|64,807|-|64,807|100,396|
|Current|liabilities|(12,728)|-|(12,728)|(41,978)|
|Net current assets/(liabilities)|52,079|-|§2,079|58,418|
|Total assets|less|current liabilities|52,136|-|52,136|61,147|
|Net assets|52,136|-|52,136|61,147|
|==>>">""C==S>lC=————————]——————————|S==|
|Funds|of the|Charity|
|Unrestricted|funds|52,136|52,136|61,147|
|Total funds|8|52,136|-|52,136|61,147|
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The financial statements were approved by the trustees on 23 April 2021
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Signed on behalf of the trustees
\ Uenewsrr
/
23Mr RApril Pastey2021 - Tyler 'S
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Amazon Charitable Trust
Charity Number 1127628
Notes to the accounts
Note1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
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- the Statement of Recommended Practice: Accounting and Reporting by Charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) issued on 16 July 2014.
- and with the Charities Act 2011.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
1.3 Changes to previous accounts
No changes have been made to accounts for previous years.
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Amazon Charitable Trust
Charity Number 1127628
Notes to the accounts (continued) Note 2 Accounting policies
INCOMING RESOURCES
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Recognition|of incoming|These|are|included|in|the|Statement|of|Financial|Activities|(SoFA)|when:|
|resources|e|the|charity becomes|entitled|to|the|resources;|
|e|the|trustees|are|virtually|certain|they|will|receive the|resources;|and|
|e|the|monetary|value|can|be|measured|with|sufficient|reliability.|
|Incoming|resources|with|Where|incoming|resources|have|related|expenditure|(as|with|fundraising|or contract|income)|
|related|expenditure|the|incoming|resources|and|related|expenditure|are|reported|gross|in the|SoFA.|
|Grants|and|donations|Grants|and|donations|are only|included|in|the SoFA when|the|charity|has|unconditional|
|entitlement|to|the|resources,|
|Tax|reclaims|on|donations|Incoming|resources|from|tax|reclaims|are|included|in|the|SoFA|at the|same|time|as|the|gift to|
|and|gifts|which|they|relate.|
|Investment|income|This|is|included|in|the|accounts|when|receivable,|
|Investment gains and|losses|This|includes|any|gain|or loss|on|the|sale|of|investments|and|any gain|or|loss|resulting|from|
|revaluing|investments|to|market value|at|the|end|of the|year.|
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EXPENDITURE AND LIABILITIES
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|Liability|recognition|Liabilities|are|recognised|as|soon|as|there|is|a|legal|or|constructive|obligation|committing|the|
|charity|to|pay|out|resources.|
|Governance|costs|Include|costs|of the|preparation|and|examination|of|statutory|accounts,|the|costs|of trustee|
|meetings|and|cost|of any|legal|advice|to trustees on|governance|or|constitutional|matters.|
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ASSETS
Tangible fixed assets for use These are capitalised if they can be used for more than one year, and cost at least £500. They by charity are valued at cost or a reasonable value on receipt. Depreciation is charged on a straight line basis over five years.
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: Amazon Charitable Trust
Charity Number 1127628
Notes to the accounts (continued)
Note 3 Analysis of incoming resources
| Analysis | £ | ||
|---|---|---|---|
| Voluntary income | Donations | 47,723 | |
| Total | 47,728 | ||
| Note4 | Analysis ofresources expended | ||
| Analysis | |||
| £ | |||
| Charitable activities | Charitable activities | 245 | |
| Funds sent to Xixuau | 14,324 | ||
| Expenses in Brazil | 2,503 | ||
| Marketing Travel |
2,735 1,990 |
||
| Car hire | 50 | ||
| Wages & salaries | 10,335 | ||
| Total | 32,182 ee |
||
| Governance costs | General rates | 20,504 | |
| Bank charges | 109 | ||
| Telephone | - | ||
| Accountancy | * | ||
| computer& software | 1052.94 | ||
| Depreciation Stationery |
2,743 143.08 |
||
| Total | 24,552 |
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Amazon Charitable Trust
Charity Number 1127628
Notes tothe accounts (continued)
Note 5 Details of certain items of expenditure
| 5.1 Trustee expenses | ||
|---|---|---|
| Numberoftrusteeswhowere paidexpenses | 1 | |
| Natureoftheexpenses | Travel | |
| Totalamount paid | 2,502.71 | |
| 5.2 Fees forexamination or audit ofthe accounts | ||
| E | ||
| Independent examiner’s orauditors’ fees for reporting on the | ||
| accounts | None | |
| Otherfees (forexample: advice, consultancy, accountancy services) | _ | |
| paid to the independent examiner orauditor | . | |
| —————ee———e= |
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Amazon Charitable Trust
Charity Number 1127628
Notes tothe accounts (continued)
Note 6 Tangible fixed assets
6.1 Cost or valuation
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|---|---|---|---|---|---|
|Fixtures,|
|fittings|and|
|equipment|
|£|
|Balance|brought|forward|14,687|
|Additions|71|
|Balance|carried|forward|14,758|
|6.2|Accumulated|depreciation|and|impairment|provisions|
|Balance|brought|11,958|
|Depreciation|charge|for|the year|2,743|
|Balance|carried|forward|14,701|
|6.3|Net book|value|
|Carried|forward|57|
|Brought forward|2,729|
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| i i |
Amazon Charitable Trust
Charity Number 1127628
Notes tothe accounts (continued)
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Note 7 Debtors
7.1 Analysis of debtors
Amounts
falling due
within one
year
£
Prepayments 1,269
Total £ 1,269
7.2 Security over assets
None
Note 8 Movements of major funds
Fund Fund
balances balances
brought Incoming Outgoing Gains and carried
forward resources resources losses forward
Fund names £ £ £ £ £
Retained profits 61,147 47,723 (56,734) - 52,136
Total Funds 61,147 47,723 (56,734) - 52,136
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