REGISTERED CHARITY NUMBER: 1143991
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Report of the Trustees and
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Unaudited Financial Statements
for the Year Ended 5 April 2025
for
The Amar Family Charitable Trust
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Cooper Parry Advisory Limited 1st Floor, Abbey Square Davidson House The Forbury Reading RG1 3EU
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The Amar Family Charitable Trust
Contents of the Financial Statements for the year ended 5 April 2025
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Page
Report of the Trustees 1 to 2
independent Examiner's Report 3
Statement of Financial Activities 4
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Balance Sheet 5
Notes to the Financial Statements . : 6 to 8
Detailed Statement of Financial Activities _ 9
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The Amar Family Charitable Trust
Report of the Trustees for the year ended 5 April 2025
The trustees present their report with the financial statements of the charity for the year ended 5 April’ 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Objectives and activities
The objective of the trust is to apply the capital and income of the trust fund for exclusively charitable purposes as the trustees in their absolute discretion think fit. The palicies adopted by the trustees in achieving these aims are to make grants to suitable organisations, themselves charitable in nature. , Public Benefit - The trustees have complied with. section 17(6) of the 2011 Charities. Act, having due regard for the Charity Commission's guidance on public benefit when reviewing the charity's aims and objectives, when setting the grant making policy and in making awards. a,
Grant making policy
. : basis and will make donations to approved ; .
The trustees consider all grant applications on an-individual basis and will make donations to approved applications, when funds are available.
AchlevementDuring the year and 36 performancegrants totalling £299,750 were approved compared with 42 grants totalling £279,250; in the previous. year. The trustees consider that these represent an appropriate exercise of their discretionary powers.
Financial review
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The trust is reliant on donations to provide funds to cover grants and administration; costs.
Investment policy and performance There are no restrictions on the trustees’ power to invest, however in view of the current value of trust assets and their liquidity requirements, the trustees consider the current cash holding to be apposite.
Future plans
The trustees have no immediate plans to change any of the objects, activities or policies described above.
. Structure,The frust Isgovernancean unincorporated and managementbody, constituted under a trust deed dated 6 June .2011 and is a ; registered charity, numbered 1143991. The trust was established by an initial gift from Henry Amar. The trust does not actively fundraise and maintains a careful stewardship of its existing resources.
The trust deed provides for a minimum of three trustees. The power of appointing new or additional trustees is exercisable by the trustees. The trustees meet at such intervals as they consider appropriate.
The charity has no full time or part time employees or volunteers to assist in the running of the charity; the daily administration being carried out by the trustees themselves.
Risk management
The trustees have reviewed the major risks that impact on the work of the trust. The systems that have been established enable the trustees to review and take necessary steps to lessen these risks.
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Reference and administrative detalls Registered Charity number 1143991
Principal address ofo Flat 5 3 Belgrave Place London SW1X 8BU
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The Amar Family Charitable Trust
Report of the Trustees for the year ended 5 April 2025
Trustees
H R Amar ‘ RES Amar JH Amar Mrs R Amar Independent Examiner ; Cooper Party Advisory Limited 1st Floor, Abbey Square Davidson House The Forbury Reading ; RG1 3EU . Statement of trustees" responsibilities The trustees are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). . Thé law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give-a true and fair view of the state of affairs of the charity and of the incorning resources and the application of resources of the charity for that year. In preparing these accounts, the trustees are required to: ; - select suitable accounting policies and then apply them consistently; _ . se , - observe the methods and principles in the applicable Charities SORP; “ - make judgements and estimates that are reasonable and prudent; ~ State whether applicable accounting standards have been followed, subject to any materia! departures disclosed and explained in the financial statements; and — os - prépare the accounts on the going’concem basis unless it is inappropriate to presume that the charity : will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any fime the financial position of the charity’ arid enable them to“ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are aiso responsible for safeguarding the assets of the charity and hence for taking reasonable steps for'thie preverition and detection of fraud and otherirregularities. re 7 orderof the board oftrustees an Best 2028 and signed on its behalf by: Approved { Saran a
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os am!
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Independent Examiner's Report to the Trusteesof * sa The Amar Family Charitable Trust
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{ report to the charity trustees on my examination of the accounts of The Amar Family Charitable Trust (trie Trust) for
the year and 5 April'2025, year and 5 April'2025, and 5 April'2025, 5 April'2025, April'2025, , :
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the year and 5 April'2025, year and 5 April'2025, and 5 April'2025, 5 April'2025, April'2025, , : This report is made solely to the charity's trustees, as a body, in accordance with section 144” of the Charities Act 2011state toandtheRegulationscharity's trusteesmade underthose Sectionmatters we154dreof requiredthat Act. toOurstate auditto themwork hasIn anbeenauditors’undertakenreport:andso that Tor we’no“othermiighit purpose. To the fullest extent permitted by law, we do no accept or assume responsibility to anydne other than the charity and the charity's trustees as a body, for our audit work, for this repart, or for the opinions we have formed. Responsibilities and basis of report ee ee eS As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). a 2 -_ { report In respect of my examination of the Trust's accounts carried out under Section 145 of the Act and In carrying out my examination | have followed all applicable directions given by the Charity Commission under Section(S)(b) of the Act,
- 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 raspect 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the charitles (Accounts and Reports) Regulations 2008 oiher than any requirement that the accounts give a true and fair view which is not a matter considered as a part of an independent examination.
| have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report In order fo enable a proper understanding of the accaunts to be reached.
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Jonathan Moughton
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Cooper Parry Advisory Limited ist Floor, Abbey Square Davidson House The Forbury ; Reading RG1 SEU
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Date:ewe
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The Amar Family Charitable Trust
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|Statement of Financial|Activities|
|for the year ended § April 2025|
|ee|2025|2024|
|‘|Unrestricted|
|fund|Total funds|
|Notes|£|£|
|Income and endowments from|7|
|Donations and legacies|2|331,300|266,311|||
|Expenditureon|-|
|Charitable|activities|3|.|oo,|
|Charitable|activities|.|.|299,764|278,273|
|NET INCOMEEXPENDITURE)|:|31,536|(12,962)|
|7|
|Reconciliation|of funds|
|Total funds brought forward|.|19,255|32,217|
|Total funds carried forward|50,791|19,255|
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. The notes form part of these financial statements
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The Amar Family Charitable Trust
Balance Sheet . 5 April 2025 oe
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|.|Unrestricted2025|2024|
|fund|Total funds|
|Notes|£|£|
|Current|assets|
|Cash|in|hand|50,791|19,255|
|- Net current assets|||50,791|49,255|
|Total assets|less current|liabilities|50,791|-|.|19,255|
|)|
|NET ASSETS|50,791|19,255|
|Funds.|.|
|Unrestricted|funds|50,794|19,256|
|Total funds|50,791|19,255|
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The financial statements were approved by the Board. of Trustees and authorised for “Issue on 1B FUL}-2029--- and were signed on its behalf by:
The notes form part of these financial statements
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The Amar Family Charitable Trust
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Notes to the Financial Statements
for the year ended 5 April 2025
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- Accounting policies ae Basis of preparing the financial statements a The financiat statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financlat Reporting ‘Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019Y,, ’ Financlal Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of lreland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ;
Income All income is recognised In the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Repayments of ‘tax under the Gift Aid scheme are recognised when received.
Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the ; charity to that expenditure. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. oe Grants payable are payments made to third parties in the furtherance of the charitable objectives of the trust. The grants ‘are accounted for where either the trustees have agreed to pay the grant without condition and the recipient has a reasonable expectation that they will receive a grant, or any condition attaching to the grant is outside the contro! of the trust. *
Taxation
The charity.is exempt from tax on its charitable activities.
Fund accounting All funds are unrestricted and can be used in accordance with the charitable objectives at the discretion of the trustees.
| 2. | Donationsandlegacles | ||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | ||||
| Donations | 337,300 | 251,250 | |||
| Giftaid | - | 15,061 | |||
| 331,300 | 266,341 | ||||
| 3. | Expenditure on charitable activities | ||||
| “ | 2025 | 2024 | |||
| ‘ | £ | £ | |||
| Grants paid (seenote5) | 299,750 | 279,250 | |||
| Governance costs | 14 | 23 | |||
| £299,764 | 279,273 |
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The fees for the accounts preparation are incurred and paid by R.H Amar & Co Limited, on behalf of the charity.
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The Amar Family Charitable Trust
Notes to the Financial Statenients - continued , . for the year ended 5 April 2025
4, Trustees’ remuneration and banefits
There were no-trustees' remuneration or other benefits for the year ended 5 April 2025 nor for the year ended 5 April 2024,
Trustees’ expenses
There were no trustaes' expenses paid for the year ended 5 April 2025 nor for the year ended 5April 2024. 5. Analysis of grants
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2025
Health and tife preservation
Bowel Cancer 4,000
Le CALM . 3,000
. Dementia UK 7,500
Great Ormand Street Hospital 5,000
Heart Cells Foundation 5,000
Hospice of St. Francis 2,500
Jnetics 6,000
Macmiflan Cancer Support 15,000
Magen David Adom 11,000
The Cure Parkinson's Trust 3,750
Prostate Cancer 4,250
Ruth Strauss Foundation 3,750
Scannappeal 5,000
St John's & St Elizabeth's Hospice 5,000
The Brain Tumour Charity 3,000
Toramy's 3,250
87,000
Education
BIBIG 2,500
Holecaust Education Trust 5,000
ORT UK 3,500
Purcell Schoot 6,000
WIZO 5,506
22,500
Disability
Jewish Care . 20,000
Unique 3,500
23,500
Welfare and poverty relief
Crisis 18,000
The One Foundation 3,000
Tikva UKGGG 30,000
War Child 2,000
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50,000
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The Amar Family Charitable Trust
Notes to the Financial Statements - continued
for the year ended 5 April 2625
General charitable purposes ;
Community Security Trust (CST) 8,000
Heart of Bucks 10,000
Jewish Museum London 3,000
Nightingale Hammerson 3,750
Norwood Ravenswood 44,000
Opera Brava 4,000 ‘
Simon Cooper Foundation 4,000
World Jewish Relief 40,000
116,750
Total grants paid £299,750
; 6. Related party disclosures
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Henry Amar, Robert Amar and James Amar are each directors of R.H. Amar & Co. Limited. During the year the
company donated. a total of £261,300 (2024: £181,250) to the Charitable Trust. During the year the trustees
also personally donated a total of £70,000 (2024: £70,000) to the Charitable Trust.
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The Amar Family Charitable Trust
Detailed Statement of Financlal Activities for the year ended 5 April 2025
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|2025|2024|
|£|£|
|Income and endowments|
|Donations|and|legacies|
|Donations|331,300|251,250|
|Gift|aid|-|15,061|
|331,300|266,311|
|Total|incoming|resources|331,300|266,311|
|Expenditure|,|
|Charitable|activities|
|Grants to|institutions|299,750|279,250|
|Support|costs|
|Governance|costs|
|Bank|interest|14|23|
|Total|resources expended|299,764|279,273|
|Net income/(expenditure)|31,536|(12,962)|
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This page does not form part of the statutory financial statements
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