Charity Number 1127628
Amazon Charitable Trust
Report and Accounts
31 July 2022
Amazon Charitable Trust Report and accounts Contents
| Page | |
|---|---|
| Trustees’ report | 1-2 |
| Independent examiners’ report | 3 |
| Statement of financial 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 2022
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: Bryan Niel Redpath R Pasley - Tyler Emanuela Evangelista
Achievement and Performance of the Charity
The year 2021/22 was a slow recovery year after the pandemic. ACT's initiative with 4 food runs for 280 families (approximately 2000 people) during 20/21 on the river paid an enormous dividend resulting in no COVID deaths.
Organising and assisting in funding an extensive field research trip by East Anglia University with 25 participants, many from Brazilian universities, was an important milestone for not just the village of Xixuau but for the local population acting as guides, boatmen, cooks and general support staff.
If ever it could be claimed that there was any benefit deriving from the pandemic, it might be that it brought twelve village populations on the river closer together; this can be demonstrated by the community effort to rebuild their schools badly damaged by floods. ACT has committed to funding the first two. Much time has been spent by members of the ACT and the local Cooperative team seeking apporoval from the various government departments to start reconstruction.
During this year 22/23, resources will be applied to the continuing cooperation between villages on the Jauaperi river and the commencement of the reconstruction of at least one of the two schools.
Progressing the bigger picture of thhe commencement of the Science Research Village alongside a University of Sao Paulo initiative of the development of the Rainforest Business School with other parties, including MIT of Boston remains a very high priority.
Financial Review, investment policy and reserves
During the period the Charity achieved a surplus of income over expenditure of £28,864.
Future plans
The trustees intend for the Charity to continue to meet the requirements as per its mission statement.
1
Amazon Charitable Trust Trustees Annual Report
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:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
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
-
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 reasonable 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
----- Start of picture text -----
Mr R Pasley-Tyler a ~
24 April 2023 Pe
----- End of picture text -----
2
Amazon Charitable Trust
Independent Examiner's Report to The Trustees
| report on the accouns of the Trust for the period ended 31 July 2022, 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.
It is my responsibility to:
-
examine the accounts under the Act;
-
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
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
» accounting records were not kept in respect of the Trust as required by section 130 of the Act or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Michael Stern & Co. 92 Worton Way Isleworth Middlesex TW7 4AU
3
AamaZori
Amazon Charitable Trust
Charity Number 1127628
Statement of Financial Activities
Year ending 31 July 2022
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Year to|
|@|Unrestricted|Endowment|Total|this|31|July|
|3|funds|funds|period|2021|
|£|£|£|£|
|Incoming|resources|3|
|Incoming|resources|trom|
|generated|funds|55|-|55|198|
|Voluntary income|46,592|-|46,592|43,339|
|Voluntary income|-|rates|rebate|35,000|35,000|20,690|
|Total incoming resources|81,647|-|81,647|64,227|
|Resources|expended|4-5|
|Charitable|activities|48,997|.|48,997|34,155|
|Governance|costs|3,785|.|3,785|21,568|
|Total resources|expended|52,783|-|52,783|55,723|
|Net incoming/outgoing) resources|28,864|-|28,864|8,503|
|Total funds|brought forward|60,639|-|60,639|52,136|
|Total funds carried forward|89,503|-|89,503|60,639|
----- End of picture text -----
4
: amaZori
Amazon Charitable Trust Balance Sheet as at 31 July 2022
Charity Number 1127628
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Restricted|Year to|31|
|gs|Unrestricted|income|Total|this|March|
|2|funds|funds|period|2021|
|£|£|£|£|
|Fixed|assets|
|Tangible|assets|6|1|-|1|1|
|Total|fixed|assets|i|-|1|1|
|Current|assets|
|Debtors|7|21,959|-|21,959|1,269|
|Cash|at|bank|and|in|hand|95,715|-|95,715|66,131|
|Total current assets|117,673|-|117,673|67,400|
|Current|liabilities|(28,171)|-|(28,171)|(6,762)|
|Net current assets/(liabilities)|89,502|-|89,502|60,638|
|Total assets|less|current|liabilities|89,503|-|89,503|60,639|
|Net assets|89,503|-|89,503|60,639|
|Funds|of the|Charity|
|Unrestricted|funds|89,503|89,503|60,639|
|Total funds|8&8|89,503|-|89,503|60,639|
----- End of picture text -----
The financial statements were approved by the trustees on 23 April 2023
Signed on behalf of the trustees
----- Start of picture text -----
ff A <q f —_
Mr R Pasley - Tyler =
23 April 2023
----- End of picture text -----
5
Charity Number 1127628
Amazon Charitable Trust
Notes to the accounts
Note 1 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:
-
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.
6
Amazon Charitable Trust
Charity Number 1127628
Notes to the accounts (continued)
Note 2 Accounting policies
INCOMING RESOURCES
----- Start of picture text -----
|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Recognition of incoming|These|are|included|in|the Statement of|Financial|Activities|(SoFA) when:|
|resources|»|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,|
----- End of picture text -----
EXPENDITURE AND LIABILITIES
----- Start of picture text -----
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|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.|
----- End of picture text -----
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.
7
°
Amazon Charitable Trust
Charity Number 1127628
.
Notes to the accounts (continued)
Note 3 Analysis of incoming resources
| Analysis | £ | ||
|---|---|---|---|
| Voluntaryincome | Donations | 46,592 | |
| Total | 46,592 | ||
| Note 4 | Analysis of resources expended | ||
| Analysis | |||
| £ | |||
| Charitable activities | Charitable activities | 186 | |
| Funds sent to Xixuau | 25,578 | ||
| Local projects | 1,740 | ||
| Marketing | 1,807 | ||
| Travel | 2,291 | ||
| Wages & salaries | 17,396 | ||
| Total | 48,597 | ||
| Governance costs | Professional fees | 575 | |
| Bank charges | 135 | ||
| Telephone | 507 | ||
| Accountancy | 630 | ||
| computer & software | 433 | ||
| Internetwebsite | 1,431 | ||
| Stationery | 74 | ||
| Total | 3,785 |
8
Amazon Charitable Trust
Charity Number 1127628
Notes tothe accounts (continued)
Note 5 Details of certain items of expenditure
5.1 Trustee expenses
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Number|of trustees|who were|paid|expenses|-|
|Nature|of the expenses|Travel|
|Total amount|paid|None|
|5.2|Fees|for examination|or|audit|of the|accounts|
|£|
|Independent|examiner's|or auditors’|fees|for|reporting|on|the|
|accounts|None|
|Other fees|(for example:|advice,|consultancy,|accountancy services)|
|paid to|the independent|examiner|or auditor|630|
----- End of picture text -----
9
Amazon Charitable Trust
Charity Number 1127628
Notes to the accounts (continued)
Note 6 Tangible fixed assets
6.1 Cost or valuation
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Fixtures,|
|fittings|and|
|equipment|
|£|
|Balance|brought forward|14,758|
|Additions|-|
|Balance|carried|forward|14,758|
|6.2 Accumulated|depreciation|and|impairment|provisions|
|Balance|brought|14,757|
|Depreciation|charge|for|the|year|-|
|Balance|carried|forward|14,757|
|6.3|Net|book|value|
|Carried|forward|1|
|Brought forward|1|
----- End of picture text -----
10
“
Amazon Charitable Trust
Charity Number 1127628
----- Start of picture text -----
Notes to the accounts (continued)
----- End of picture text -----
----- Start of picture text -----
Note 7 Debtors
----- End of picture text -----
----- Start of picture text -----
7.1 Analysis of debtors
Amounts
falling due
within one
year
£
Prepayments 21,959
Total £ 21,959
----- End of picture text -----
----- Start of picture text -----
7.2 Security over assets
----- End of picture text -----
None
Note 8 Movements of major funds
| Fund | Fund | |||||
|---|---|---|---|---|---|---|
| balances | balances | |||||
| brought | Incoming | Outgoing | Gainsand | carried | ||
| forward | resources | resources | losses | forward | ||
| Fund names | £ | £ | £ | £ | £ | |
| Retained profits | 60,639 | 81,647 | (52,783) | - | 89,503 | |
| TotalFunds | 60,639 | 81,647 | (52,783) | - | 89,503 |
11