Charity Number 1127628
## Amazon Charitable Trust
Report and Accounts
31 July 2024
## **Amazon Charitable Trust Report and accounts Contents**
||**Page**|
|---|---|
|Trustees' report|1-2|
|Independent examiners' report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|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 2024
## **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 Emanuela Evangelista
## **Achievement and Performance of the Charity**
The year 2023/2024 saw significant advancements in the Schools' Rebuilding Programme, delivering the first school of the project in June 2024. Construction of the second school, located in the Xixuau community, commenced, with an expected completion date of June 2025. The initiative has successfully raised an additional £29,000 through donations, further securing the necessary funds for continued progress. In response to the unprecedented drought affecting communities across the Amazon, ACT secured funding to initiate emergency support for those most impacted. Additionally, the team expanded by incorporating a volunteer intern, enhancing the organization’s marketing and social media presence, and enabling a wider reach for its projects and initiatives.
## **Financial Review, investment policy and reserves**
During the period the Charity achieved a surplus of expenditure over income of £64,991.
## **Future plans**
The trustees intend for the Charity to continue to meet the requirements as per its mission statement.
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## **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
Mr R Pasley-Tyler 12 May 2025
2
## **Amazon Charitable Trust Independent Examiner's Report to The Trustees**
I report on the accouns of the Trust for the period ended 31 July 2024, 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 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
3
## **Amazon Charitable Trust Charity Number 1127628 Statement of Financial Activities Year ending 31 July 2024**
||||||**Year to**|
|---|---|---|---|---|---|
||Note|**Unrestricted**
**funds**|**Endowment**
**funds**|**Total this**
**period**|**31 July**
**2023**|
|||**£**|**£**|**£**|**£**|
|**Incoming resources**|**3**|||||
|Incoming resources from||||||
|generated funds||-|-|-|-|
|Voluntary income||42,525|-|42,525|43,801|
|**_Total incoming resources_**||42,525|-|42,525|43,801|
|**Resources expended**|**4-5**|||||
|Charitable activities
Governance costs||79,152
28,364|-
-|79,152
28,364|66,553
3,839|
|**_Total resources expended_**||107,516|-|107,516|70,392|
|**_Net incoming/(outgoing) resources_**||(64,991)|-|(64,991)|(26,591)|
|**Total funds brought forward**||62,912|-|62,912|89,503|
|**Prior year adjustment**||93,109||93,109||
|**_Total funds carried forward_**||91,030|-|91,030|62,912|
4
## **Amazon Charitable Trust Charity Number 1127628 Balance Sheet as at 31 July 2023**
||||**Restricted**||**Year to 31**|
|---|---|---|---|---|---|
||**Note**|**Unrestricted**
**funds**|**income**
**funds**|**Total this**
**period**|**March**
**2022**|
|||**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|**6**|1 - 1|1 - 1|1 - 1|1|
|**_Total fixed assets_**||1 - 1|1 - 1|1 - 1|1|
|**Current assets**||||||
|Debtors|**7**|32,291 - 32,291|32,291 - 32,291|32,291 - 32,291|43,163|
|Cash at bank and in hand||58,738 - 58,738|58,738 - 58,738|58,738 - 58,738|51,642|
|**_Total current assets_**||91,029 - 91,029|91,029 - 91,029|91,029 - 91,029|94,805|
|**Current liabilities**|**8**|- - -|- - -|- - -|(31,893)|
|**_Net current assets/(liabilities)_**||91,029 - 91,029|91,029 - 91,029|91,029 - 91,029|62,911|
|**_Total assets less current liabilities_**||91,030 - 91,030|91,030 - 91,030|91,030 - 91,030|62,912|
|||||||
|**_Net assets_**||91,030 - 91,030|91,030 - 91,030|91,030 - 91,030|62,912|
|**Funds of the Charity**||||||
|Unrestricted funds||91,030||91,030|62,912|
|**_Total funds_**|**9**|91,030 - 91,030|91,030 - 91,030|91,030 - 91,030|62,912|
The financial statements were approved by the trustees on 24 April 2025
Signed on behalf of the trustees
Mr R Pasley - Tyler 24 April 2025
5
## **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)FRS 102 SORP (Statement of Recommended Practice
for Accounting and Reporting by Charities) 2019, applicable to all accounting beginning on or
after 1 January 2019
- 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**
**Recognition of incoming** These are included in the Statement of Financial Activities (SoFA) when: **resources** 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. **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.
## **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. **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.
## **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||42,525|
|||**Total**
|42,525|
|**Note 4 Analysis of resources expended**||||
|**Analysis**||||
|**Charitable activities**|Funds sent to Xixuau||**£**
23,276|
||Marketing||11,468|
||Travel||6,876|
||Wages & salaries||37,532|
||**Total**||79,152|
|**Governance costs**|Professional fees||188|
||Bank charges||624|
||Rates rebate||21,111|
||computer & software||96|
||Internet website||2,180|
||Stationery & postage||214|
||Sundry||3,951|
||**Total**||28,364|
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## **Amazon Charitable Trust Charity Number 1127628**
## **Notes to the accounts (continued)**
**Note 5 Details of certain items of expenditure**
## **5.1 Trustee expenses**
|**Other fees (for example: advice, consultancy, accountancy services)**
**paid to the independent examiner or auditor**
**Number of trustees** **who were paid expenses**
**Nature of the expenses**
**Total amount paid**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**
**5.2 Fees for examination or audit of the accounts**|-
Travel
None
**£**
None
-|
|---|---|
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**Amazon Charitable Trust Charity Number 1127628 Notes to the accounts (continued)**
## **Note 6 Tangible fixed assets**
## **6.1 Cost or valuation**
|Balance brought forward
Additions
Balance carried forward
Balance brought
Depreciation charge for the year
Balance carried forward
Carried forward
Brought forward
**6.2 Accumulated depreciation and impairment provisions**
**6.3 Net book value**|**Fixtures,**
**fittings and**
**equipment**
**£**
14,758
-
14,758
14,757
-
14,757
1
1|
|---|---|
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**Amazon Charitable Trust Charity Number 1127628 Notes to the accounts (continued)**
## **Note 7 Debtors**
## **7.1 Analysis of debtors**
|Prepayments
Intercompany debtors
**Total**
**Note 8 Creditors**
Intercompany
None
**7.2 Security over assets**|2024
2023
**£**
**£**
-
28,163
32,291
-
£ 32,291
£ 28,163
2024
2023
£
£
-
31,893.00
-
31,893.00|
|---|---|
## **Note 9 Movements of major funds**
|**Fund names**|**Fund**
**balances**
**brought**
**forward**
**Incoming**
**resources**
**Outgoing**
**resources**
**Prior year**
**adjustment**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**|
|---|---|
|Retained profits|62,912 42,525
(107,516) 93,109 91,030|
||**Total Funds** 62,912 42,525
(107,516) 93,109 91,030|
The prior year adjustment related to an auditors journal in 2023 to represent payments made by Pasley Tyler & Co on behalf of the Charity
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