In accordan with the charity accounts not of guidance, I have examlned the recelpts and payments account together with the books and documents relatlng to The AMB Charitsble Trust for the year ended 31st July 2024 and of the balan held at that date. In my oplnion the books have been property kept and the financial ststements give a true and falr view of the state of affairs of the charity and of the Incomin8 resources and appllcation of resources of the charity for that perfod. Mrs Lesley Oates Accountsnt IACMA) Dated: U)Ii)Ir
The AMB Charitable Trust Trustees Annual Report and Financlal Statements Year Ended 31 July 2024 Charlty No: 1148684 Report of the tne8¢S for the year ended 31st July 2024: The trustees present thelr annual report and financlal statements of the charfty for the year ended 31st July 2024. The financial statements have been prepared in accordance with the Statement of Recommended Prartice: Accounting and Reporting by Charittes published In 2(KJ5, applicable UK Accounting Stsndards and the Charltles art 1993. Approved by the stees on 20th May 2025 and signed on thelr behalf: Charles Nlcholas Burton- Trustee
AMB Charitable Trust th ed 31"Jul 2 Charlty Contact: Mr Charle5 Nicholas Burton Trustses: Mr Charles Nlcholas Burton Mr Michael Peter Burton Mr Tony Wllliam Harry Bell 8anker5: HSBC, 5 Piercy End, Kirkbymoorslde, YorkY062 6DQ Sollcltor5: Rollits LLP, Rowntree Wharf. Navl8atlon Road, York YOI 9WE Trust strurture and m•na8em¢nt: The Trust Is a reglstered charity, number 1148684. and 15 constituted under a trust deed dated 2 July 2012. The Trust was established by an initial gfft from the trustees in 2012 and was additionally funded by an expendable donation from the estate of AM Burton (SIPP} in 2013. In 2018 a donation of £1 million was made by GHB Holdlngs Ltd. Further donations of £5Cl),(K we received in 2020, 2021 & 2024. Two of the directors of GHB Holdings Ltd are also trustees of the AMB Charitsble Trust. The Trust doe5 not usuaSlyfvndralse and seeks to contlnue the charitsble wot* deslred by the trustees through the careful stewardship of its existing resouTQS. All trustees glve of thelr time freely and no trustee renumeration was paid In the year. Rlsk management: The trustees have consldered the major risks to which the charity Is exposed and have revTewed those risks and established systsms and procedures to manage those rtsks. Charitable objectlves as stated In the deeds: The Trust is a grant maklng charity. The trustees shall hold the capital and income of the Trust Fund upon trust for such one or more charitles or charitable Instltutions or for any other purposes in any part of the world as shall be exclusively charitable according to the law of England and in 5uth shares and proportion as they shall think flt including the followlng: the adVanrnent of medlcal research the advancement of education the malntenance. Improvement or provlslon of publir amenities or recatIonal faclllties to promote and further community participation in healthy recreation to benefit people in areas of soclal and economlc deprivatlon the relief of poverty and unemployment to support the preSeation of buildings of historlcal or archltertural importance to promote. foster and maintaln an appreclatlon of the art5 Grant makln8 pollcy: The Trusvs grant making policy is primarily to provlde fund5 for charitie5 and worthy causes In the Brtdllngton l East Yorkshire area. Other charlties and worthy causes outside this will be considered.
How ourgranl maklng pro8ramme delfvered benefft: Yorkshlre: Thls year the Trust has donated another £50,{) to the Bridlington Intouniversity cent whlch is worklng wlth the Universlties of Hull & York It is an accesslble learning ¢entre whose misslon Is to bring Hlgher Educatlon within reach of some of Bridlington's poorest children. thereby openlng a world of new life possibilities. Thls is a growlng charlty whlch is working to insplre young people from disadvantsged backgrounds to attsin a universlty pla. apprentlceship, or other placement. The AMB Trust also donated another £20,cIJ) to The Hinge Centre in 8ridlington which.alms to ensure that whilst livlng In a deprfved area, the residents still have the Same acoss to servlces, benefits and support that any other member of society does.. The Centre provldes residents with the tools and skills to break repetltive cycles. Improve their emotional and physical wellbelng and increase cornmunlty partlclpation. supports them to achieve flnancial Incluslon, make posltive Choi and support theirfamlllesto further break down generatlonal cydes of wverty and excluslon. The Trust has contlnued to fund the universlty tuition fees of 2 students each yearfrom Headlands Sthool, Brldlington, from unprivileged backgmunds for 3 years each. Thls year the bursaries paid totalled £63,450. Nati The Trust has contlnued to donate to well- known national charities and has 5pecffically quested the money Is spent In the East Yorkshlre area: DeafbI11 UK Prince's Trust £ 8,511 £25,lJX) F ture don The bulk of the Trusvs funds are still avalSable for charltle5 and worthy causes in the Bridlington l East Yorkshlre aa. Income and expend6ture for the year: Income: £547,550 Expenditure: £167,241 15ee financlal ststements for detalled information) Funds avallable: Funds brought forward: Funds carried forward: £ 975,808 £1,356.117 Future plans: To give grants to help and al$t worthy causes In the Bridlington area of East Yorkshire. Approved bv the y tees and slgned on their behalf: Charles Nlclwlas Burton-Trustee Date: 2. (_ ZDIS.
AMB Charitable Trust Year ended 31st Jul 2024 Statement of Flnanclal Artivities In¢ome Incomlnq resources Donations received sw,0 Gross intsrest from bank accounts 47.550 Total thcomIr8Urrns 547.550 Expenses Charitable orti¥ity Fundln8 glven 166,961 166.961 Costs of generatlnqfvnds Fees otherSts Bank char8es Accounts Sundry Legal fees 10) T(•tsl resoureesexpended 167,241 Net Movement in Funds 380,309 Reconclllatlon of Funds Total funds Ixou8ht fonward 975A08 Totsl fund5 carrled lorvard 1,356,117
AMB Charltable Trust Year ended 3tst Ju 2024 Babance Sheet at 315t Jul 2024 Flxed assets Current assets Debtors Bank- Community a¢count Bank- BNA Onshore attount 8ank- DepOt account 84,912 1.271.304 Totsl Qhrrnrt Assets L356.217 Liablltties Credltors falling due wrthin one year ITh) 1,356,117 Total assets less current Illlltles 1,356.117 Credltorsfalltn8flue after more than one year Net Assets L356,117 The funds of the Ch•rity Endowment funds Restricted Income funds Unrestricted Incomèfund5 1,356,117 Total tharlty Funds I.3.117 Approved bv th rurtees on 20th May 2025 and signed on their behalf: Charle5 Nl¢hol 8urton- Tntee