Amborfs Fund IR•gl8torod Charlty Numb•r: 1132376) Accounts for th• year and 5 Aprfl 2023
Independent Examinerfs Report to the Trustees of Amber's Fund I report to the trtee$ cffl my eXaminan ofthe XCOLmts ofAmWs Fund year erth 5 Aprfl 2023 Responslblllti89 and b•sls of report As the chaTty Irustees of Trust yw are resFMsible kn the FryaratIC of the accounts in accordance th the reqLt1reMts ol the chare$ Aet 2011 Ilhe Arf). l port in resFect of my examination of the Trusys accounts carrigj out under 145 of the 2011 Act and in carrying Olrt my examination I have fOlkTr all the #pb Dweckn gven ty the Chplity commiss under sedion 145151{b} ol the Act. Indtsp•ndont oxamln•rf8 8tat•m•nt I have MPlete¢l my examinath)n. I confirni that no mthial mattws have come to my attentn in connectKJn vth the examination gNing me calse to bèkve that in any material respect. 1. accountiThJ rd¥ere ncl kept fft r¢specl olth& TnAt as reqred by 8th)n 130 ofthe A¢l', 2. the Unts do not acc(Kd with thote rncoNI8; 3. the do nct ccnpty vAth the aWati1e requirements corwrwrvJ the fomi and content of accounts set out in the Chaiknes and Re[ts) Re9uLabons 200B ¢)theT than any reqUir8WnI th8t Ihe accounts gNe a Inje arbj lair View vthich ts not a matter consldered as part of an Indndent examination. I hav• noconC$ and havecc¥ne &yo8s no dhermaiter8 Inconl with the examination lowhich attentlon 8Uld be in thts r•Fth kn tyder to 8r*bl8 a kyopef LdertIJln9 of 8ccounts to be reached. George Georghiou TEP 7 Tres¢o Gardens Seven lQ"n Essex IG3 9NH
Amberfs Fund Tru$tses' Annual Report for the year gnded S Aprfl 2023 The Irustees present their annual report and financial ststwments of the d)anty fof the year ended 5 April 2023.The financial ststemenls have been prepare(l in acrdanCe vrith the a¢cx)unling poIleS sel out In note 1 to the accounts and IxKnply with Ihe charrVs trust deed. the Chanbes Act 2011 and Accounting and Reporting by charrtS.' Ststement of Reo)mmended Praclice applicab to tharits eparing their acc(nts in actanCe vith the Fmaroal Rewwb'ng Slandard apFdicable in the UK and Republic of Ird#ThJ publish•l in October 2019. Objectives and Grant Maklng Pollel••: 1. Amber8 Fund w8s 8ststllshBd der a Dedaration of Trust dated 2 Sgptember 2(YJ9 for the pury)oses of adminislenng the 9fft8 fryTty made by Mr RG ond DM Baker. 2. The trustees. acvrties durirfj the have irsvo1¥8d cLJn8Od¥iTrJ applicatsons for funding, making donalions to a number of chantable organisat$ and ov01Th9 policy guideline6 for future donabons. 3. The current of b8 to offer a88iStarte to thanlablè ganbsations thrki in the area of Fine Arts, Consovats'on and the Humaniti8s genefalty. R8lvJious and Gommunty a(aivltles in Suyrey. ywlh education animal I41e. AchiM•n •nd perfomlance: DuTlng th¢ yw •rthd 5 April 2023 thè trustges met th8 twsfs obigthes ty maklThJ totalling É57.39) 88 shcNm on pago 8. Totsl incoming resources £25,03912022.. £41,318} vrtth expenditure amwntirvJ kn £61.47012022.. £81,084). Net awts at the end ofthe year £25.343 (2022 £81.775). The Iwstees have purs of investment and have PtrrS t pay or transfer the any part of incomè or capital ol th• trust nd to any carilabk8 trust Of tKJy arK11o appoint Ihe trust fvnd at thwr discotth. FIMncl•l Y•vl•w: Sumnwry of Pow•rn: Publlc nfiL. Tho obJ'8c*8 of the trusl (see 8bfft) aro cl&arfy of public benefrt tth diredty and indirectty and due regard has been paid lo the I benèfit guwjance Wished by ts Charity Commission. The policy of thè tNstees Is to distribute incomg and a¢¢umulate reserves d8perKliThJ on Cawrn$s from year to year. They do Use th1 discrelion to di5tn.buie fr(rtn caprtal from Ume lo timo. Risks: The trLtstees have as8essed lh8 major risks to the charity Is exposed and a Satisf it is oxpose(J to any 5ignfficant Tisks. Pago 1
Ambèrfs Fund Trnslees. Annual Report for the year ended 5 April 2023 (contlnuad) Plan8 forthe fubJr•: The trustees, an frthe frJture 1$ to o)ntinue their grant making policy thus assisting the tharity in luffilling their obje(Jives. The Irusteey aim to uts'lise the irKome and endoTnent funds to athieve this objectiv8. Structure Govemance and Mana ement Name of th• Ch•rlty: Amws Fund The pinc4pal govemiTh) (kument ts a tru deed dated 2 September 2LM)9. The trust is a private charitabiti twst uywolkd by lis trustee8. Charlty rngistration number: 1132375 Rol dad Tru•t••8: Richard Baker Anlhorty Call8rd Jane Broomfield Isabel Mcmeekan The tru51ees arg app)inted by apwval from all the w¥knng Iwsteos. All tfU8189$ setvod Ihmughjul th8 p. Prlnclpal offi Addv•u: Br8¢kenbrldgè Oak GrarrfJe Road West Clandon Guildlord GU4 Thz Reportlng A¢couniants: kn Taxalion Consuttants 4 tyler Close Hayling Island Hampshir• P0119FP B8nk•rn: Lloyds Bank 18utler Plac8 Westminster Ld0 SW1H OPR Pag• 2
Amberfs Fund Tru$te8s' Annual Roport for thfr year ¢nded 5 Aprll 2023 (condnuod) nsibilil tstement of th• trustees. res The trustees are responsiNe preparing the Trustees. Report and the financaal stements in aCCdan with appt>e law and United Kingdom Acc(xJnting Standard$ (United lfjngdom Gènerally Ac£epted ACunbng Prth). The law applicab to charrf in Engnd & Wales requires the Injstees to preparè financial ststements for ea( finan(#al yoar vthith give a true and fair vieA of thè stale of affai of the chanty and of th¢ incoming resourts and applicaknon of resources of Ihe thanty that perEod. In preparin9 these financaal ststemenls. the trustees are required to". . select 5UitalJe ae4%Lmting Po0$ and then apply them consislentty.. • obsth Ihe m8thodB 8rKI ¥pl•S in the Charlb'88 SORP 2019,. • makejudwwts a1 •sb"mat8s that ¥r¥ r8asonabkn and prudent.. • applILo acxxmbng stsnd8rds have follo%4Ed, su'ecl lo any material departur8s di8c408ed and explained In Ihe financ4al ststemènts.. prepare the financial stslements the going concèm basis unless rt is inappryate to presum8 that th8 tharity will th'nue in operati. trustees rosFth8th for k88wg •x4JuntKig r8rths that dlsdose Ih feoson8ble acy)Jra¢y at any time thè finanu81 posthon of the charity and enab them to ensure that the financ681 8tstem8nts CJ)mply %wth th8 ststem8nt of Rg>Jmmend8d Ac£ounbThJ Pr&tke.' Asxounting and Reportsng by Chariti•s {SORP 20191.. UK AexountivJ Standafd$ and ihe Charrtiès Act 2011 and the provision$ of th¢ Irusl daed. Th9y are also reskY)nsible for saleguarding the assets ol the rtrity and hence for takn'ng reasonable ¥leps forthe prevent ond detei*on of frwd and other irregularities. Signed: on b•half of Ine iJustee8 Page 3
Amborfs Fund Statom•nt of Financial Activltles for the year ended S Aprll 2023 2023 Unrestricted funds 2022 Notss Incomg and endowments Donation5 reGewed Grft aid redaimed on donatiLM 88nk Interest Total Incm and •ndowments 20,m) s,(w 38.78 33.050 8263 Exp•ndituro on: Charrtable 8ctivrts Totsl •Xp•nd1r• 61470.07 61,470 07 81,084 81,084 Met Incom•lloxp•ndltur•l R•cimclllatlon ol funds Totsl fund8 brought forward Tolal fund¥ earflod I01rd (&fj.431.291 139.7861 81,774.55 Paoe 4
Ambefs Fund Balance sheet S April 2023 2023 2022 Incoma lax r0Verable Balances with bank Totsl n•t a¥s•ts 5.(#)).co 20,343 26 25,343.28 61,775 61.775 Thè funds ol th• clwrlty UnT••trlct•d fvnd• Ipa08 4) 25,343.26 61,775 81gn•d: . on b•hall ol th• tni•t• Pays
Amberfs Fund Notes to the accounts for the year ended S Ap1 2023 Accountlng poliGI•• a) Bws ofwepara The Charity constitutes a public tfft wtity as defingj by FRS102. The finan&al statents havè been prepar1 in a¢xx)rdancg th Accountsng and Reporting by Charities.. Stst8mwtt of Rmmendl Pfactice applicable lo thariti.es prepanng Ihw"r accounts in accordan( with the Financial R8porting Standard ap1¢able in the UK and Republic of Ireland {FRS1021 ISSU in Octotr 2019 (as updat&J IhTOU9h Uwlate Bulldin 1 published on 2 F8bnJary 20161. the Finanga Reportlng Standard applicable in the unit 1fjlorn and Republic of Irdand IFRS1021. the Charities Act 2011. aThJ UK Genwalty Ac¢eptgJ Ating Practice. The finanry81 statwn8nts havo bw PTepareJJ lo give a Yrue and fairf viw aThJ have therefore necessanty depart8d from the ethnt Chants'es IAcJ))unts and R8POrtsl R8gulations 2LX)8 only to Ihe extoni rgquirgj lo prowde a'true and lairf viv44. This departure has involved followln9 the Statement of Rec£$mMwd Practice.. Accounling 8nd ReFth'ng by Charities applicable to chafltiès preparing Ihwr financial slat8ma)Is in a(rdan¢% with the Finanryal Rewrting Standard applicable in the UK and Republic of Irdand IFRS 102) ISSU in Octobar 2019 ralhw than the Slalement of RlnM)ded PraLaice'. Ac£ounting and Reporting by Chanlies effective from 1 April 2CM)S, vthich has since W vnthdrawn. The Inffjtg8S that thwo are no matwial unc¥tsints about th• TN81'8 Abllity lo contsnue as a wng con(wn. There are no Matal uncertainti88 aff•'ng thg rrent yoar's a¢counts. bj Funds StnKtur• Th• trustw mainlaln a weral Tastri ¥thich may be applith1 at the disui¢Jn of th& Iru81ges for achiwng the objects of the charrty 8$ s Out in the de•J. ¢) Inc(wn• rncoqnltlon All incomè is reco9nised once tharity hag enbtlémenl lo the restrceS, il is that the resources 1$ be [&itd and Ihe monetsry value of in¢>)ming r8source6 Can b8 mea$ur•J wrth SI¢1e rdiability. d) Expendrfurn rncognilloft Liaty'llties arè rognIsy a8 experth. ure 88 SO 8$ thwe is a legal or conslruclivo obligation commfttsng th8 thanty to ewdilure. ) Charltabh a¢tlvld•s Costs of charitable adivilies indude grants mad•, govwn¥Ke administration c¥)81 in the PUT$Lbrt of tharitable of tlw Trust. Q Cash at bank Cash at bank is hdd to me the day to day running o)sts of the ¢tsity as fall due. Page 6
Amberfs Fund Notes to the a¢¢ounts for the year ended 5 April 2023 2. Rolat•d prty traTVCtioM and trustw. oxp•n88s and vemunorntion The charity's trustees gNetheir tome and no natIOn for the work that they undertake as trustees. However. th daim exKnses lo remburse them for costs that th8y inr in fijlfilling thor duties. During the yea¥ the trustees were reimbursed £580.07 for thr expenses. {2022 Nit) During the year the trusl ir•wrreJJ fees of £3.) (2022 £3,C} ts aa)untan wvices prowded by ARC Taxation Swce5. Anthony Callard is a partner of thal fimi. 2023 3. Donatlon• r•c•fv•d 2022 Rithard Baker 20.C(Q. 33,050 2022 4. Charitbl• •ctlvltl8¥ 2023 Charft)1g activitKs 61.470.07 Th• bmkdown of CrflAb1• •ctlvitiH l• a• follw. 2023 2022 Grnnts. ••• pag• 8 57,390 C(J 77,584 Gov•manc• co•1• Trustees eypenses Indedl examinatim charges AGcountsnGy d)arg88 580.07 3.C(K).00 4,080.07 3,000 3,SCK) Totsl Ch•rltsblo aclfvltlos 61.470.07 81.084 S. T*x vKovernbl•- Glft ald 2023 2022 Yoar ded 5 11 2023 5,D)O.¢)J 5,1)JO.00 8,263 8,263 l. Bank bolanc 2023 2022 Lloyds Bank- Trtasureffs 8nt Lloyds Bank- Business Bank Irtstant ac£g)urrt 1,959 03 18,384 23 20,343.26 8,529 53.245 81,775 Page 7
Amberfs Fund Charitable donatlons for the year ended 5 Aprll 2023 British Heart Foundation Final Straw Foundation Mane Ch8nce Royal Opera House Co¥8nt Garden FwThJation St Peter & St Paul West Clandon ify).crf) 18,COJ.LKI S,WO 00 30.6.00 3,6LN).00 £ S7.3 00 Page 8