Charity Number 1127628 Amazon Charitable Trust Report and Accounts 31 July 2023 Amazon Charitable Trust Report and accounts Contents Page Trustees, report Independent examiners, report Statement of financial activities Balance sheet Notes to the accounts 6-11 Amazon Charitable Trust Trustees Annual Report The trustees present their report and accounts for the period ended 31 July 2023 Histo ob'ectives and activities of the Chari 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 Mana ement Trustees who served during the period: R Pasley - Tyler Emanuela Evangelista Achievement and Performance of the Charit The year 202212023 was marked by re-establishing the various projects under the management of ACT after the pandemic. For example, the Schools, Rebuilding Programme can finally move forward after overcoming some bureaucratic approvals (i.e., from the Brazilian federal environmental agency to extract timber and start the reconstruction) that were preventing the project from progressing. The rebuilding of the first school has started and with the expectation of completion by 2024. Meanwhile, we have continued securing funds for this project through the support of donors and grants. ACT has also recently hired two new Brazilian staff to run its projects; one based in Manaus and another based in London. This small expansion means that many barriers and complications in the relationship with Brazilian organizations and government that took place in the past will potentially be overcome. Regarding the Science Village project, we continue to network with relevant international partners. Financial Review investment olic and reserves During the period the Charity achieved a surplus of expenditure over income of £26,591. Future lans The trustees intend for the Charity to continue to meet the requirements as per its mission statement. Statement of trustees, res onsibilities 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. Inde endent 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 Mr R Pasley- yler 24 April 2024 Amazon Charitable Trust Independent Examiner's Report to The Trustees I report on the accouns of the Trust for the period ended 31 July 2023, which are set out on pages4to 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 I do not express an audit opinion on the view given by the accounts. Independent examiner's statement I have completed my examination. I 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. I 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 ## **Amazon Charitable Trust Statement of Financial Activities Year ending 31 July 2023** ## **Charity Number 1127628** ||||||**Year to**| |---|---|---|---|---|---| ||Note|**Unrestricted**
**funds**|**Endowment**
**funds**|**Total this**
**period**|**31 July**
**2022**| |||**£**|**£**|**£**|**£**| |**Incoming resources**|**3**||||| |Incoming resources from|||||| |generated funds||-|-|-|55| |Voluntary income||43,801|-|43,801|46,592| |Voluntary income - rates rebate||-||-|35,000| |**_Total incoming resources_**||43,801|-|43,801|81,647| |**Resources expended**|**4-5**||||| |Charitable activities
Governance costs||66,553
3,839|-
-|66,553
3,839|48,997
3,785| |**_Total resources expended_**||70,392|-|70,392|52,782| |**_Net incoming/(outgoing) resources_**||(26,591)|-|(26,591)|28,864| |**Total funds brought forward**||89,503|-|89,503|60,639| |**_Total funds carried forward_**||62,912|-|62,912|89,503| 4 axnazon C14ARITABLE I"IIUST Amazon Charitable Trust Balance Sheet as at 31 July 2023 Charity Number 1127628 Restricted income funds Year to 31 March 2022 Unrestricted funds Total this period Fixed assets Tangible assets Total fixed assets Current assets Debtors Cash at bank and in hand Total current assets 43,163 51,642 94,804 43,163 51,642 94,804 21,959 95,715 117,674 Current liabilities (31,893) (31,893) (28,171) Net current assets/(liabilities) 62,911 62,911 89,502 Total assets less current liabilities 62,912 62,912 89,503 Net assets 62,912 62,912 89,503 Funds of the Charity Unrestricted funds 62,912 62,912 89,503 Total funds 62,912 62,912 89,503 The financial statements were approved by the trustees on 24 April 2024 Signed on behalf of the trustees Mr R Pasley- Tyler 24 April 2024 Amazon Charitable Trust Charity Number 1127628 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. Amazon Charitable Trust Charity Number 1127628 Notes to the accounts (continued) Note 2 Accounting policies INCOMING RESOURCES Recognition of incoming resources These are included in the Statement of Financial Activities (SOFA) when: the charity becomes entitled to the resources; the trustees are virtually certain they will receive the resources. and the monetary value can be measured with sufficient reliability. Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA. Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Incoming resources with related expenditure Grants and donations Tax reclaims on donations and gifts Incoming reSoUr￿S from tax reclaims are included in the SOFA at the same time as the gift to 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. EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. 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. Governance costs 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 Gharged on a straight line basis over five years. Amazon Charitable Trust Charity Number 1127628 Notes to the accounts (continued) Note 3 Analysis of incoming resources Analysis Voluntary income Donations 43,801 Total 43, Note 4 Analysis of resources expended Analysis Charitable activities Charitable activities Funds sent to Xixuau Local projects Marketing Travel Wages & salaries 32,069 40 4,838 4,127 25,478 Total 66,55 Governance costs Professional fees Bank charges Telephone Accountancy computer & software Internet website Stationery 505 693 276 2,357 Total 3,839 Amazon Charitable Trust Charity Number 1127628 Notes to the accounts (continued) Note 5 Details of certain items of expenditure 5.1 Trustee expenses Number of trustees who were paid expenses Nature of the expenses Total amount paid Travel None 5.2 Fees for examination or audit of the accounts Independent examiner's or auditors. fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy seNices) paid to the independent examiner or auditor None 693