SIGNED COPY Amberfs Fund {Registsred Charity Number: 1132375) Accounts for the year ended 5 Aprll 2021
Independent Examinerfs Report to the Trustse8 of Amber's Fund I report lo the trustees on my examination of the accounts of Amterfs Fund for the year ended 5 April 2021. Responslbllltle5 and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in a¢cordants with the requirements of the Charities Act 2011 Ilhe ACYI. l pOrt in respect of my examination of the Trusfs a¢o)unts carned out under section 145 of the 2011 Act and in carrying out my examination I have followed all the appluble Directions gNen by the Charity Commission under section 14515llbl of the Act Independont examlnerfs statement I have completed my examinatson. I confim that rK) m8terlal matters have come lo ry attention in connection with the examination gNing me cause to believe that in any materi81 re$peGt.' a(uunting records wer8 not kept in respect of the Trust as uIred by sect5on 130 of the Act,. or 2. the accounts do not accord wth those re¢ords; or 3. the accounts do not compty with the appIable requirements concerning the fom and conlenl of accounts sel out in the Chanlies (Accounts and Reports) Regulab'on$ 2008 other than any requirement that the a¢Unts gwe a 'true and fair vwi whKh is not a matter considered as part of an independent examination. I have no concems and have come across no other matters In connecttoft wlth the exarninalion to which attenb'on should be drawn in this report in order to enable a proper understsn¢Jing of the accounts to be reached. Aflil 2DLI . George Georghiou TEP 7 Tresco Gardtrns Seven Kings Essex IG3 9NH
Amberfs Fund Trustees, Annual Report for the year ended 5 Aprfl 2021 The trustees pr&8ent their annual report and finanrAal statements of the tharity for the year ended 5 Aprfl 2021.The finan81 ststements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and compty with the Charitls tnJ5t deed. the Charities Act 2011 and Accounting and Reporting by Charttres: Ststement of Recommended PraGtiGe appliGable to ¢harilie5 prep8ring their accounts in aiwrdanr* with th8 Financial Reportin9 Standard applicable in the UK and Republic of Ireland published in October 2019. ObJe¢Uve3 and Grant Maklng Policle$". 1. Ambels Fund was estsbti8hed under a Declaratlon of Trust dated 2 September 2009 for the purposes of administering the Ghaiitable 91ts foerfY made by Mr RG and Mrs DM Baker. 2. The trustees, actlvllle8 dudng the year have involved tA)n$klèrfng applications for funding. making donations to 8 number of tharitable organisatlons and evolvlng p)licy guidelines for fviure donatlons. 3. The Lwrrent pollcy ol the funds ts to offer assistsnce to ch8rft8ble QTganls8tions worklng In the area of Flne Art8. Con8evallon and th8 HumanitF8s generally. Religiou8 and Communlty a¢lfvllles in Surrey. youth educallon and anlmal welfafe. Achl•v•monts and parform•n¢e: Durfng th& year ended S Aprfl 2021 the trustees met the Irusl's objactives by making grants tolalling £74.384 a8 shown on p8g8 8. Flnanclal revlow.. Total incoming r8source8 were £62.552 (2020.. £62,537) with expenditure arnounting to £76.884 (2020.. £61,730). Net assets at the end of the year were £101.540 (2020 £115,872). Summary of Powers: The truste85 have wide powe1¥ of Investrnenl and h8V8 power8 to pay or transfer the whole or any part of the Income or capital of th6 trust fvnd to any ¢haritable trust or body and to appoint the trust fund 8t thelr dlscretion. PubllG benefft: The oty'ècts of the trust (s88 above) are cF8arfy of public b8nefft bolh directty and indirectly and due regard has been pald to the public benefil guidance published by the Charity Commission. Reserves: The pollcy of Ihe Irustees is lo distribute Income and acGumulale reserves deperKling on Circumstan from year to year. They do Lrse theif discretion to distribute from capital from time to time. Rlsk$: The trustees have assessed the fflajor rr6ks to which the charrty is exposed and a satisfied It not exposed to any slgnlficnt risks.
Ambevs Fund Trustees, Annual Report for the year ended 5 Aprfl 2021 (ntInued) Plans for the future: The trustees, plan for the future is to continue thelr grant making policy thus assisting the tharity in fvlfilllng their objectives. The $tee8 alm to utilise Ihe Sn¢ome and endowment funds to athieve th1$ objeclfve. Structure Govemance and Mana ement Name ofthe Charty: Amberfs Fund The prfnclpal goveming dowment18 8 trust deed dated 2 September 2009. Thg trust 1$ 8 prrvale charitabb tru8t controlled by its trnslees. Charlty roglstrauon number: 1132375 Reference and admlnl rauve Infomiation Trustees: Richard Baker Mrs Oelia Baker Anthony Callard Jane Broomfield Isabel M¢Meekan The trust are appnted by approval from all the exlsting tru$te83. All trustees 8eryed throughout the p8ri0d. Prlnclpal Offlce Address: Brackenbridge Oak Grange Road West Clandon Guildford GU4 7TZ Reportlna Accountsnts.. Arc Taxatlon Consultants 4 Oyster Close Hayling Island Hampshi P0119FP Bankers: Uoyds Bank 1 Buuer Plar Weslrnlnster London SW1H OPR
Amberfs Fund Trustees, Annual Report for the year ended 5 April 2021 (contlnuedj Statement of the trustees. res onslbllltles The trustees ale responsible for preparing the Trustees. Report and the financial slatements in accordance with applicable law and UnlteLI Kingdom Accounting Standard5 {United Kingdom Generally Awepied Accounting Practice). The law applicable lo charities in England & Wales requires the trustees to prepare financial stslem8nls for each financl81 year whlch glve 8 true and falr view of the stste of affairs of the chanty and of the incomlng resources and appli¢alion of re$our¢e$ of the charity for that Perfod. In preparing these finana81 statements. the truste88 are requlred to: •select suitable accounllng polldes and then apply them consKslenlly', • ob8erwe the method8 ènd prlndpl88 In the Ch8dtles SORP 2019., • make ]udgem8nts and 88tlmates that ar8 reasonable and prudent; state whether applThble attountlng st8nd8rds have been followed. subjeth lo any malerFal departures dlsclosed 8nd explained in the financlal statements- prepare the finan81 statements on the golng concem basls unless 11 is Inapproprlate to presume that the charfty wlll conllnue In operan. The trustees are wponslblo for keeping awJunling ra¢ord8 that d18¢108e wlth reasonable araCY at any tlme the finandal posltlon of the ch8rfty and enabl8 Ihem lo ensure that the financial stalemenls comply with the Stslement of Recommended Accountlng Pr8Ctice'. Accounllng and Reporting by Charities (SORP 20191.. UK Accounting Standards and the Charttles Act 2011 and the prowsions of the trust deed. They are also responsible for safeguarding the assets of the charty and hence foi taklng reasonable steps for the pVentIOn and delection 01fr8ud and other irwularitles. Slgned: on behalf o the trustees
Ambeffs Fund Statement of Financial Activitles for the yoar ended 5 April 2021 2021 Unrestrlcted funds 2020 Notes In¢orne and endowments Donab"ons received Gift aid reclaimed on donations Bank interest Expense¥ reimbursed Total Income and endovmionts 50,oC.00 12,5OJ.CKI 1957 3300 62 552.57 50,000 12,500 37 62.537 Expendlture on: Charitable activities Tot41 expendlturo 76.884.00 Net Incomo11oxpondlture) Ro¢ontlll4tlon of funds Total funds brought loward Total fund8 cArrl•d forwmrd {14.331.43) 115 872.36 101540.93 115872
Amber's Fund Balance sheet 5 April 2021 2021 2020 Nots8 Current A88ets Balances wlh bank Total current assets 101540.93 101.540.93 115872 115,872 Th• funds of the charfty Unrestrlctsd fund8 (page 4) 101.540.93 115872 Slgned.. 24 d ?02 f on bghalf of the trustee•
Ambe8 Fund Notss to the accounts for the year ended 5 April 2021 1. Accounllng pollcjes a) Basls of preparntion The Charrty consbtules a public benefit entity as defined by FRS102. The financial statements have been prePad in attordance with Accounting and Reptyb'ng by Charities.. Statement of Recommended Practs'ce appticabie lo charities preparing their accounts in acrdanCe th the Financial Reporting Standard applicalSe in the UK and Repubiic of Ireland IFRS1021 issued In October 20191as updated through Up(late Bullètin 1 published on 2 February 20161, the Financi3 ReForting Standard appIlble in the United Kingdom and Republic of Ireland {FRS1021. the Charflies Act 2011, and UK Generally Aceeptthl Accounting Practlce. The finanal slalemenls have been prepared to give a'true 8nd fail vlew and have therefore necessarily departed from the extant Chadts'es (Accounts and Repjrts) Regulations 2008 only lo the extent required to provide a 'true and fairf vlew. This departure has involved followng the Statement of Recommended Practi.. Accounting and Rep)rting by Charities applicable to charities prepartng their financial slalements in xcord8nce wth the Financial Reporting Standard applicable in the UK and Republic ol Ireland (FRS 1021 i99ued In Octoter 2019 rather than the Statement of Recomrnended Practi.. Aceiyjnting Reportlng by Charitie6 effective from 1 April 2QJ5. thich has since been withdravn. The trustees conslder that there are M material urKertatntles about the Tru8Vs ablllty lo continue as a going corKem. There are no materfal uncertantses afftIng the current yearfs accounts. bj Funds Strn¢turn The Iruslees maintain a general unrestncted fund vknich may bè applled at the dlscretlon of the trustees for achieving the objects of the charity as t out in the deed. c) Income rneognttlon All Inmme is recoJnised once the charity has entitlement lo the reBou, it18 certaln that the resources wll be received and the monetary value of incomiry resovrces can be measured with suffKlent rdiability. d) Expèndlture rncognltson Liabilities are re¢¢¥3nised as expenditure as as there Is a legal CK conslructlve obllgation commith'ng ts charity lo the exFenditure. è) Charftable actlvities Costs of Ghanlable acts'vits'es indude grants made. govemance ry)sts and administration cost in the ptsrsuit of the charita1$ objects of the Ttu¥L g Cash at bank Cash at bank 18 held to meet day to day running costs of the charity as they fall due.
Ambefs Fund Notes to the accounts for the year ended 5 April 2021 2. Related party lrnnsactlons and trnstees, expenses and remuneratlon The charity's trustees give their time freely aThJ 1ve no remunerats'on for the that they undertake as trustees. However. they can daim expenses to reimburse them for costs that they incur in fulfilling Ihdr duties. During the year the trustees did not incurr any expenses. 12020 £1.927.761 During the year the trust irturred fees of £2.(Xrf)12020 £2,OCXJ} for accountancy service8 provided by ARC TaXats SeNices. Anttrthy Calard Is a p•1ner of that fimi. Donatlon8 re¢elved 2021 2020 Richard Baker 50,QM)O.ChJ 4. Charltable actlvltlgs 2021 2020 Charitable activities Thg br•akdown of charltable octlvltl•8 Is follow.. 2021 2020 Grants- 8•e page 8 74 384.00 Govgman¢e co8ts Twslees expenses Independent examination charges Accountancy charges 1.928 500 500.00 Totsl Ch•rltable actlvltle8 S. Tax rocovorable - Glft ald 2021 X120 Y•ar ended 5 April 2021 12,500.00 12 500.00 12,500 6. Bank balance8 2021 2020 Lloyds Bank Trea8urerf¥ accoulrt Lloyds Bank Savings &counl 26,350.60 75,190.33 101540.93 40,701 115872
Amberfs Fund Charhable donatlons for the yèar ended S Aprll 2021 Animal Care Clandon Schc Katalln Medgyesy Mane Chance National Youth Orchestra NHS Meals Royal Opera House Covent Garden Founda¢l Sl Peter & Sl Paul West ClarKlon The Royal National Lifeboat Institution 1,800.ChJ 1,200.00 14.400.00 10,000.00 2,400.1Jg loo.00 30,000.00 14,100 00 £ 74 384.00