CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, annual report (including Directors, report) for the period From: 31 October 2019 To: 30 October 2020 Charity name: AMT Foundation Limited Charity registration number: 1172073 Company number: 9172230 Objectives and activities SORP reference Para 1.17 Summary of the purposes of the charity as set out in its governing document The advancement of education and the relief of those in need by reason of age, ill health, dlsability, financial hardship or other disadvanta rovidin rants. The company has received donations and made grants to an orphanage in Morocco, SLfmmary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confimiing whether the trustees have had regard lo the guidance issued by the Charity Commission on publi benefit Par8 1.17and 1.19 Para 1.18 The trustees have had such regard. Additional informatlon {optional) You ma choose lo include further statements where relevant about.. SORP referen Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Para 1.38
Olher Achievements and performance The Gharity has supported disabled orphanages and children's centres providing food and clothing, educational equipment and playground facilities for children up to 16 years of age. It has also provided training for management and tèachers. Improvements have been made to the kitchen and dining areas aswell as providing new beds. In addition. the Centres have provided support for the benefit of the elderly and the charity has carried out improvements to the facilities and provided security measures. Summary of the main achievements of the charity, identifying the difference the charity s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional information loptionall You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41 Perfomiance of fundraising activities against objective5 set Para 1.41 Investment performance against objectives Para 1.41 Other
Financial review Review of the charity's financial position at the end of the riod Slatemenl explaining the policy for holding reserves stating why they are held Para 1.21 The charity has sufficient funds for its immediate activities. Pala 1.22 The reserves are held in line with the trustees, estimate of the funds needed to carry out the charity's immediate ob-ectives. Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Para 1.22 Para 1.22 £86 497 NIA Para 1.24 NIA Explanation of any uncertainties about the harity continuing as a going concern P8r8 1.23 NIA Additional information loptional) You ma choose lo include further statements where relevant about.. Donations The charity's principal sources of funds (including any fur7draising} Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charily Para 1.46 Other Structure, governance and management Description of charity's trusts.. Type of governing document.. for example, Para 1.25 Memorandum and Articles of Association How is the charity constituted? Para 1.25 Company limited by guaranlee
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Trustees are appointed by the company's directors Additional Information loptionall You ma choose to Include further statements where relevant about.. Policies and procedures adopted for Ihe indLtction and training of trustees Para 1.57 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other
Reference and administrative details Charit name Other name the charit uses istered charit number Charity's principal address AMT Foundation Limited 1172073 26 Wellington Street St. Johns Blackburn BB1 8AF Names of the charity trustees who manage the charity Oates acted If not for whole ear Trustee name Office Ilf any) Name of person lor body) entltled toa oint trustse ifan Asjad Hussain Rukhsana Aslam Safina Kauser 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Director name ortwasa roved Name of trustees holding title to property belonging lo the charity Trustee name Dates actèd if not for whole ear
Funds held as custodian trustees on behalf of others Description of the assets N/A held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian chari '$ ob ecls Details of arrangements for safe custody and segregation of such assets from the charit 's own assets NIA NIA Additional infomiation {optional) Names and addresses of advisers (optional infomiatlon) Type of Name Address adviser Name of chief executive or names of senlor staff members (optional Information} Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information
Declarations The company has taken advantage of the small companies, exemption in preparing the report above. The trustees declare that they have approved the trustees, report (including directors, report) above. Signed on behalf of the charity's trusteesldirectors Signature{sl 55A Full namels) Asjad Hussain Posltion (for example Trustee l Director Secretary, Chair. etcl Date 22 July 2021
| AMT FOUNDATION LIMITED | AMT FOUNDATION LIMITED | Charity No | 1172073 | 1172073 | |
|---|---|---|---|---|---|
| Company No | 9172230 | ||||
| Annual accounts for the period | |||||
| Period start date | 31-Oct-19 | To | Period end date |
30-Oct-20 |
Section A Statement of financial activities (including summary income and expenditure account)
| Guidance Note S01 S02 S03 S04 S05 S06 S07 Expenditure (Notes 6) Expenditure on: S08 S09 S10 S11 S12 S13 Tax payable S14 S15 Net gains/(losses) on investments S16 S17 Extraordinary items S18 S19 S20 Other gains/(losses) S21 S22 Reconciliation of funds: S23 S24 Total funds carried forward Total Net income/(expenditure) after tax before investment gains/(losses) Net income/(expenditure) Transfers between funds Total funds brought forward Gains and losses on revaluation of fixed assets for the charity’s own use Charitable activities Separate material expense item Net movement in funds Other recognised gains/(losses): Net income/(expenditure) before tax for the reporting period Raising funds Other Total Recommended categories by activity Income (Note 3) Income and endowments from: Donations and legacies Investments Charitable activities Other trading activities Separate material item of income Other |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Total funds Prior year funds £ £ F04 F05 |
Total funds Prior year funds £ £ F04 F05 |
|---|---|---|---|---|---|
| 62,945 | - | - | 62,945 | 99,606 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 62,945 | - | - | 62,945 | 99,606 | |
| - | - | - | - | - | |
| 25,005 | - | - | 25,005 | 101,154 | |
| 965 | - | - | 965 | 210 | |
| 25,970 | - | - | 25,970 | 101,364 | |
| 36,975 | - | - | 36,975 | 1,758 - |
|
| - | - | - | - | - | |
| 36,975 | - | - | 36,975 | 1,758 - |
|
| - | - | - | - | - | |
| 36,975 | - | - | 36,975 | 1,758 - |
|
| - | - | - | - | ||
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 36,975 | - | - | 36,975 | 1,758 - |
|
| - | - | - | - | - | |
| 36,975 | - | - | 36,975 | 1,758 - |
1172073 9172230 Section B Balance sheet R1cted lfttome nds Unrestricted fvnds End¢)wrnent Total thls IndS year Total last year Fixed assets Intanglble assets Tangible as¥e¢s Heritage assets Investments F01 F02 F03 F04 F05 (Note 151 (Notè 141 INote 161 (Note 171 rotai f• asse1$ effJ B04 Current assets Stocks (Note 181 Debtors (Note 191 Investments (Note 17.41 Cash at bank and In hand (Note 241 Total current assets Er 807 Boe 809 49.522 81 Creditots.. amounts lallin9 due withln one year (Note 201 Net currÈnt•ssets/(liabilltlesJ 81Z 49.52 Totsl a55ets less current liabllities Creditors: amounts falllng dut after one year INote 201 Pfovlslons for liabiliues 814 815 Total net a$s•ts or liabilities Funds of the Charity Endowment funds (Note 271 RÈstri¢ted income funds (Note 271 Unfestrlcted fundg Revaluation reserve Fair value reserve B16 86.497 86,497 49,522 B17 B19 86.497 86,497 49.522 820 B21 Total funds 822 49,522 Th• company was entltled to exemption frgm audtt under s477 of thÈ Companies Act 2006 relating to small companies. Ine membérs have notrequired the company to obtain an auait in aecordance wrtn section 470 01 the companies Aci 2006. The directors aelrnowledge their responslbllltles for complying with the requlrom•nts of the Companles Act wilh rèspect to accountlng rècord$ and the preparation of accounts. These accounts have been preparedln accordance with thg provislons appllcabla to sm?11 companles subject to Ihe small companie5 regime andln accordanco with FRS102 SORP. Signed by one oi trustees1dlCtors on behalf of all the IrusteÈsldirÈGt015 Date of approval ddlmm Print Name 2210712021 Asiad Hussaln Prlnt nam& ale ddlmml SpJnaltsre of difftcior aulheDlicaling 3ccounls being sent lo CornpanEs House Signature 2210712021 A4ad Hussain Prlnt name CC17a (Excell 2210712021
Section C Notes to the accounts Note 1 Basi$ ot preparatlon This se¢tion should be completedbyall Charllles. 1.1 Basis of accounting These acwJnls have bean prepared under the hislorpcal cost conven140n wlh item$ F&Cogne al cosl or transaction value Un$$ ollerwise si¥led In the relevanl nolelsl to Ihèse accounts The accoun15 ha e been repared in accordan wrth.. Ihe Slalemenl of Recornmended Practlce". AttourTrling and Reporting by Charilies preparing their accounts ID accordants 1th Finanual Reporting siandord applicable In Ihe UK arwj Republic of Ireland IFRS 1021 i88u&d on 16 July 2014 and vlh' ' and wilh. Ihe Financial Reporbng Standaid appluble It) the United Orn and Republic Df Ireland IFRS 1021 and th the Charflies Act 2011. The chadty consiiluies a publK benefit entity as defined by FRS 102" '.Tith appropllate 1.2 Going concern Ifthere e malerlal uncertAlnllos relaied to events or¢OndSonS Ih8t¢8Stsrgnilicant doubton Ihe Charity's ability to ¢oniirtuè as a going concern. ple&$eprt)vide the follon deto11s tsrstale"Not applicablè-, lff •ppropriale." An explanation 8$ 10 Ihose faclors that support the conclusion Ihal the charily is 8 ooing concern.. Not•ppllcable DisdosuTt of any unceriainlEs Ihal make the 90ing corKem assumplion doubtfLd," Notapp11¢4ble Where accounts are prepared on a ooing concern basis. please disclose Ihis faci logetherwilh ihe basis on which the Iruslees prepared Ihe accoun15 and Ihe reason why the th8rity 15 Th)1 regarded as 8 gLHry Con. Notapplicable 1.3 Change ol accOunng pollcy The accounts present a true and fair view and nD changes have been fflade lo acc¢vniing PdicS adopled Yes. -Ti¢k asappropriale Pleas• dN5close.' (i) the nattsre olthe change in o¢¢owilingpoli¢y,' Not appll¢•ble fil) the reasons why pplying the newaccounlfngpol1¢y pmvldes More reliabl¢ 8ndmore rel•vant lrtforniauon." nd Nat *pp14cAbl• (IAIJ Ihe amgun¢ of the &diusknentforeBch line afle¢le In the currentperrod. e8chpr¥orperiodpresentedand Ihe agyreyate anrouftl of the adlu$lmentrelaiinp to periods b¢forn thos• presènted. 3.44 FRSfOZ SORP. Not appllublè 1A Changes to accounyng e$llm8tes No Changes lo accounting eslimaies have OCeUTred in th2 reporting pefjod13.46 FRS102 SORPI. Yes" No" -Tith as appropriate CC17a (Excell 2V0712021
5¢ dlsdose.. {1? thfr nawre of anychanges.. Noi applicable fi4 Ihe effeci ulthe chang• on Income al0XPenSe or ssets andll•bllltles forthe cvrrentperlotl,. 4nd Not •ppllcalJlè (lilj where practlcable. IlJ0 effe¢1 ollhé change In on8 or more futurperivLIs. Nof*gppIA¢•ble 1.5 Materlal pr5or yoar orTors No marial rlor ar error have Oeen identified ln the r8 ortin Ye5. nod 3.47 FRS102 SORP No. -TKk 15 approw&ie Please dlsclos¢.' Nol applicable (IJ the Nture of the prlorperioderror fl4 fortrath priorperlo(Iproseniedth the accounts. the amountof the cvrreclion for¢a¢l a¢¢ouni line iteffl •ffected.' Notoppllcable (iii) the omovnt of th2 correcllon Al Ihe beglnning uf thè e4rliestpriorperiodpiéseniedin the oc¢oun¢s 1401 appllcabl¢ Ce173 IEx¢ell 2Y0712021
Section Notes to the accounts cont Note 2 A¢tounting policies Thls stsndarLlli$tolaccountlns¢pollclÈs been apPedbY rhe charilyexreptlor those d•ktKI. WIw•¥ drflerentoraddhlonalpoli¢yhas been adopleLltfvert Ihi$ is delailedin Ilje boxbDw. 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Please provld£ a d•scriMio of tho nature of each Chang• ln accounUng polky Not appllcablfj Reconclllatlon off luJ>ds perprtwovs GAAP to luJ)d$ d•temipedunderFRS 102 startor End ol pprlod porlod Fund balaneg¥ 89 pr8wiousty Adiuslments.. Fund balaTht• 4% t•¥ts¢od RecoRclllaiion ofM•tintOmnel expendiur•J p•rprevlots$ GAAPIO netlnCoJn(n1wtnditvrOj underFRS IQ2 End of N81 In¢omwioxpenditure} as prevl¢u¥ly stated Adluslmenis.. P¥evlou$ poriod net Incomellexpendlt¥v•l restated CC17a (Exc) 227021
Section C Notes to thÈ atcounts cont Not? 2 2.2 INCOME Accounting policiwJ Recoqnftlon of Inc(9 Thése we Sialement ol Finantsl A¢b¥ibe5 ISOFAI ¥vhen". the cbaiitv becomes enti15ed lolhe resources.. il 15 mor£ IikÈiy Ihan nol that Ihe busSlI ¢¢¢fft Ine SourceS., the rwnE1vaIU?can be wih sutriuenl Tdrdèllity. Yes. Nla. Oltsewng There has been no off5eliing of a55ets and liaknlilies. and expense5. unle$s requiied or permitted bylhE FRS 102 SORP or FRS 102. YÈ&. No" Nla. Grnnts and donatlons Grants and donaiions are Induded ki the SA YJhW the gene Irwnf recognrfi ciltena are is 1010 5.12 FRS102 SORP) Yes. rio. Nla. In the case of performance ted gTanls. incorne rnuslonty be recognisedlo the extent thal the tharity has provided Ihe spetyfied goods orservices 8$ enti12] lo Ihegranl only ouursvmen the pèrtorm$n¢e oted cOli10S81e me115.16 FRS 102 SORP} Yes. No. Nl¥' leg8¢iB& are included In the SOFAwhen recèipt is probabF2, Ihal 15. when Ihere has been gi8nl orpbaIe. the execuitsrs have esiablished Ihal theTeaie Sulfitseni as%ets In the e5&11e any condilvJns altached io 18g¥¢y¥ie eitherwithin of the charityorhave been mei. Legécles Yes" No. Nla. Governm¢ntgr8nts The Gharily has ieceived governmenl gFan15 In the rewiing period Yes. Nla. GiftAid [eCvaLle is incltsded In Ineotne when ere Isa valid decl8ratron trom the donor. Any GiftA afflounl COvered A donabon I$5ered to be part oiinatgiR is 1real a5 an addiiK>n lo samè lund as tho inilialthnaton wles$ thed¢rworlhe tsrm5 Ofltr appeal have specifiett othetwiEe Tax ro¢l•imJ donallons and g1ft8 Yes. Nla. ContrB¢tllal itt¢omeand Thi¥ is onwincluded In the SOFA¢¢ tht thaDlyhas yovpjed Ihe 14aid g¢tyJ¥or perforrnance related Services or mei ihe perfiJrrnae relai¢d c4n¢ibon5. 9rants Yes. Nla" Yes" wa" Dollaled goodg Donated goods 8r& mea$uiedal fair value 11h23mni lorwhi¢h ihe455eico¥JhS b2 exchanged) unless iFnpr¥Gbcal todo so rhe G05101 any stock of goo¢$ dts)818d f0rdi$tnbulTr to bene141e9 1$ de&insd tobe Ihe falr value Df those gifts ai the Iirn$ of Ihtrlf retsipland theyare rewni$&d receipL ITr Ihe repoTbn9 period In which the ¥lO¢kS are ¢151ribuled. they ll re¢tyJnised as an eipense atlhe carryin9 TrIOtthe $1(&4s ai di5inbjts. Ye5. Nla" Oonaled goods lor re531e are mèasured alfaii V8lue on initial Fecognibon. wh¢h i$in8 pxpecled proceeds from sale less thè£xpÉrf ¢osts of sale. 3nO iecognised in'lrwme Irom oiher Iradin9 adr¥ities' the corresprmding stock recogni5ed In the b3lan¢¢ sheel On Its Sale Ihe Val 0151adt Is cnaigÉd 8gainsl'lncome from Olher iiading aGlivitse5' the proceed5 from se are also re¢ogtUsedas'lnGome frijrn othei Ir¥dfftg bwiies. Yes. No. Go5 donated foron-goin9 tssè tyine thaTty3re coIsed as L4rwJiblefixed 8sseL% d iKluded in Ihe SOFA as Irthning resovrc* vlben receivatle Yes. No. Nla. Gins In kina ior use by the thItyare In the SoFAas Ihcomefrom diJnalkn$ wh$n rec8vaNe. Ye5. No. Nla. Oonat•d servlc4s and Donated servw and 18¢1libeS 8r¥ included in ihe SOFA when received aiihe Value or Iheglft io Ihe charityprovlded the value olth8 9lttcan be mea5urÈd reii8bly. Ye5. No. Nla. Dollated seryice5 faaIrtS Ihal are cowmed aTe recognd as in(x th an equivalent amounlreco9nised as an expense under ihp appropnate headin9 ill ihe SOFA. Yes. No" Nla" Svppvrt costs Thtr¢h8rty has inrurred e¥penditureon supwrt costs Yes. No. Nla" Volunie•r hèlp The va¢ o1¥nyVunryhejp received is nol included in thÈots bulisde5Gnbed Iniheiiu$iee5' 8nnvii rep1. Yes. No. Nla. In¢omo from Inlor•st, rnyartl•8 (Ilvldends This Induded In the xcaunis whan reeaffj 1$ probatle and the amounlrecwyable ¢8n be me¥sur8d relb. Yes. No" Nla" In¢¢ffle frorn rn•mb•r8hlP MpmbeF5hip subscripums reCved in the n$tU ola grftare reCAWned In Donations Yes. No. Nlè. CC17 FRS 102 SORP 22107Q021
subscrlpuons and Legaci. vmberShip sUb5cnponsVlhth givE8 8 eMrIhe right 10 buy Swyp DrotheT bemfits are reco9nisedas In¢¢TP pamed from Ihe provisknn o1good$ and seryiGes IorntrOM CharitabadVItye$. Yes. No. Nl¥' Setdem¢ntof insurance Glalms InsuranTr cla1rn5 are only Incluaeo in Iho SOFA whEn the gene1 I0¢ recojnili lena are tmet (5.10 to S 12 FRS102 SORPI and are irdudea as an itetn ol olhei Income In the SOFA Yes. Nla" No. InVE¥¢mtntgain5 Ind losses This InLe$ any rea115ed orunreali¥pd gainsor1055e5 on Ihe saleof invest(rnis and anygain or IsresUl1ng from ¢v¥luiDg ioYe51ment5 ID maTket valve ai Ihe end ollh2 year. Yes. No. 2.3 EXPENDITURE AND LIABILITIES Liabilrties are recoonised whÈ¢ Il more likely than not Ihal Iheie 1$ 8 legal or slructive obhgalion eommiitins ihtrcharity lo payout resources and Ihtatngunlrflhe (ligatton Gin be meastsred thlh ¥s0[ts certainty Governa¢4 Support SPPort ¢0S1s have been allouied ben gov8rn¥n¢ coslsand otrsuprt 05ts Gov¢in8n¢e ¢051SCQfflPri5e all cosis Involvirtg puri¢ aula1Y of Ihe Charntyar 11$ iih regulalron and good practte. Supportcosts Indude niial fiJn¢tions and ha been 8lkKaiedlO Sttivitycosi catggoiks on a b3glscth$i$teni with use olresources. eo allocaiing propertYC051s bylloor areas. or per capits, Staff ¢O$ls bylhe bme spenland otr£rSt$ bylheirusage ablllty recognll6on Yes. Nla" Ye5. No. Nla. Yes. No. Nla. Gr•nts with perfrKmance whe thecharity give$ 8 conditions foi ils paymenl behi9 a Spari¢lv¥ ol £onditlonS seThKe oroulpul lo be ptovlded. such gran15 aieonty reco9nlsed In th& SoFAty¢e Ihè reCleI of the grant has provide4 Ihe specif setvKeorou(Out Ye5. Nla" Grarts payable wlthotrt vvtw Ihereare no condrfions 8tt8thing tothe grant Ihalenablesihedonorchatttylo pprtwn•n¢•¢odltns real1slicaltyavo theMmitMen( a liability lorlhe full lunthng 0ty11gatv)n tllU51 te COW15ed Yes. No. Nla. R4dun(IjCYCDSt Tho thaTrty no iedundancypayments dudng the reportlw getfv Yes. o. Nla. OefeTred Income No rnylenal item of deferred incorne b¢en In¢JL¥J6# in account5. Yes. No. Nla. Credltois ThÈrthanty ha$(yedit(K5whKha rnea5ured 31 settlement amountsles5 anytrade diSiJ)unlg Yes. ND. Nla" A liability 15 mèasvied on reugnitn al ils hi5totEcal co and Ihen su)soqugni measured at Ihè b0$1 e$limate Of the amDuDlfequired 10 seide the aiihe repoTbW dale The ¢h3nty arrounls for bas financkil Insirumenl$ On inibai rerognitron a5 per paragraph 10.7 FRS102 SORP Subsequent measurement kl $5 perparagiaphs 11.17 10 11.19. FRS102 SORP. Provl¥lon$ for lIalItIES Yes. No. Nla. Ba51c flftanelal In$tr¥wents YÈS. No. Nla. 2.4 ASSETS Tangible fixed assets for These are capitsiised If Iheycan be used formore ihan ffieyear. andcosl at kast use bycatity Yes. No. Th&yar8 valuod 81 cosl The deweGialion rate5 and Meth5 used 8¢ di$¢fo$ed in nole 14. The Ghantyhas intangibk fixed 8$8ets, that1&, n-MOnetarya5SeiS Ihatdo nol hav¢ physal sub51anee but are Ideniifi•tle and are ntrolled by ihe charity Ihrou9h Cu5ttyJy crlegal righ15 Theamoflisaith Bte$ and mBlhods kpsed are thsclDSed in noie is Intanglblofix•d 888ets YÈS- No. They 3revalued at(xisi Ye5" Nla" The charity has héntsge a55ets. Ihalis, non-monetary assets Mth hiSric, artist Sen¢. 18thft&ooi(l, geophy51cal or enwronmenki qualities tha 8¢ he and maintskned wn¢ipaiiy lortheirconmbulion to knu¥ledgeand cutture. The dep[eaatn rale$ and m$ihOd$ U8ed a5 disclosed In note 16 Yes. No. Nla. Herllaye assets Yes. No. Ttteya valued at $( FvRd a55el invesknents In quoied shares, Ir8ded bondsand 3Knilar inve5knents are Valued an1t410t$t ar $ubquenity * laiivalue Ilheil maket value) al the year end The same tremeni is 8pplieu10 vnii5ted inveslfflenls unless fail vae ¢annot be rneasured relia¥ which c4sE it Is mtasured al c051 less imp311ment Investments Yes" No. Nla" Instments hÈl¢for res8or pendiry their sale cash and cash equN8l¥iswilh a rnLtyda olles8 lh 1 year¥re treatsd a$cUent asset invesb710nts Yes. Ntr. Nla" Stocks •nd wor* In progre59 sirKks lor ag part ol non-thafiiabltltade ameaSure allbe or¢ostor rei t¢1$ae valuè. Ye5. Nla" CC17 FRS 102 SORP 2210712021
Gojs(wSeCes prOVed as part of a ¢harilabie acuvity are m£a$ured ai nèt rèal1sae valup based on Ihe seNl¢e poientval woyided by rtem5 019tock Yes" No. Woth In prog¢$8 i$v8luEd 81 G05tle55 any thseeawe bsslhal r& liketylooccuron tha nlrw. Yes" Nlè. Debtors Iincluding tlsde ¥nd loans ieceivabkl are mea$uW on iThliai Fecognillon a15eltkm£nigm¢unl ?tteranyliade 0count5 w arThyJTrI adVand by the charity Subsequeniiy, thèy are measured aiihe cash or othtr¢onsideratson expect to be received Thechanty ha5 Investments il torre5ale or pendin9lhsii and cash and CurrnRt #58et investments cash equivalenis ¥wlh a Marity date le55 than one year These in¢ludEcash on dep0511 and G7sh eqvalen155th a rn8lunty of1053 aneyear for inve51tnenl purpose5 ralherlhan to meet shDrt-kim c4sh commrtmenls 35 Iheyf*l d D+k>tor6 Yes. N¢. Nla" Yes" Nla. Yes" No. Nla. Thtyao valued al fwrvalu2 eXpt 4vhei8 Itsy qu81fy bs basK financhil Ir6irLhYWts. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE CC17 FRS 102 SORP 2Y07lllK1
Section C Notes to the accounts cont Nots3 In¢ome Re9bieieil lfjcome fund8 Analysls of Income UnteStrit¢e lunds EndovAn•nf funi15 Total lutrdg Prforyear Donation$ and legacie$'. Donations and ifts Gift Aid SCI General 9rants provided by govemmenVolh8r 62,945 62,945 99.806 Membership sub5CriPtions and sponsor5hip5 Donal d Other oods facilities and s rvices Total 62.945 62,945 99,606 Charitable actlvStle$- Other Totsl Othor tradtng a¢tivitig5'. ther Totsl Income from iftvestrnents.. Inte5t income Dividend Income Rental and leasin Other income Total Separate materlal itern of income Total Other.. Convetsion of endowment funds int in¢ome Gain on disposal of a tangible fixed asset hekl Gain on disposal of a prograrnme related Royalties from the exploitstion of intellectual Olher Tolal TOTAL INCOME 62 945 Other Inlwmatlon.. All Income In tho prior *T was Un¢rICtsd èxeèptlor.. Iple¥s¢ provlde do$crlptlon and amountsl Not A licable Wherg any endowmentfund i¥ ¢onverted Into income the r•porting perlod. ploastr glve the reason for tho eonv$v810n. Nota Withln the iterns above the followlng items are fflaterlal.. Ipleaso disclose th• natiiro, 8mount and any PFlor yèor amountsl Whore sums origlnally dgnomlnated In forèlgn currency havo en In¢ltsdpd In Income. oxplaln tho basi$ on which those ¥um$ beèn traTrslated Inio stoillng lor the currency ITr whleh th• accounts are drawn ypl. tst a Ilcablg C17a (Exc811 2210712021
Section C Notts to th¢ &c¢ount5 Note 4 Expendituie Anatysis of trxpondttrV Pnaryi ÉxpBndltute on r4l#in9 lund$'. Incuiied sa994¢nationS Incuired seeking legx*5 lfflwrivd seekifQ grant5 Op&ralr& membetsnip $ChemB$ and 5QCial btteries siègh79 fUndralg events FvndrnlsiTr9 &geniS opeing challly shv Opertting a Iiading cornpany undertaknn9 n0n<haMabtO1nQ artivrt AdvertlgryJ. rnarketiW. diiecifflaland stsrt up co91n¢Ur[ed yngraiing new SOur¢è trlfulure income Datsbase development Cosls OlhE¢lièding aCtIve Inve3lmenl mana9erneni (05ts PortfoNo rnana empnt cosls Coyl oloa11ng 7Ve51me Èdvice properfy c05tS Reni lection. propèrty and mainteTrÈtbce charyes Total •xp0ndttvon ralskn9fundi ¥xpendrtur¢ on ¢haritsbl• TTavd oXPen$•S DonèiiOI)S toorphèn4e 12.347 25.00$ 98.807 Tgtsl Éxpendttureon charftab 2S.OD5 25.005 S•parate matsri itsrn olexpense Total Dd ACWuThtanc bankcha ns 780 780 172 210 otalotherexpettditure 9fj5 27D TofALEXPENDITURE 25.9FO 101.364 C¢17&lEKc•l
Section C Notes to the accounts Note 10 Detalls of ¢ertain types of expenditure Note 10.1 Fees for examination of the accounts Please providè details of the amountpaid forany statutory éxternal scrutiny of accounts and other services provided byyour independent examiner. Ilnothing was paidplease enter , in the appropriate box(esJ- Thr$ year Last year Independant examiner's f89$ A8$urance servi¢es other than independ&nt examination Tax advisory fee5 Other fees (for example: financial advice. consultancy, accountancy servl¢osl paid to the independent examinor CC17a (Excell 2210712021
Section C Notes to the accounts cont Note 5 Cash at bank and In hand This year Last year Short term cash investments {less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total 86,497 49,522 CC17a (Excell 2210712021
Section C Notes to the accounts cont Note 6 Transactions with trustees and related parties 28.1 Trusts? remuneraiioTr and benefits None ol the trnstÈÈs have been pald any remun¢r•tlon or recelv8d any other bpneftts from an employment wlth their charlty or a related entlty ITue or Fa15el TRUE In Iheperiod Ihe thérily h?spald trustees remuntrration and beneflts. Pla$e #ive the amountof. and legalauthorlty for, any remuneratlon or otherbenefits paid to a Iruslee by the charityoranylnslitution orcompany connected wlth It. Amounts paid or bBneflt value Thi8 ear Redundancy Last vear Legal avthortty leg order, governing doctsmenti Remtjnerallon PÈnslon contribution Other TOTAL Name oftru8t8e 1055 01 othcevox Please give det8lls of why remuner81ion oroiher ernployrnent benellts WepaId. whe an ex gr•ti4 payment has been mad¢ to a trustee. provide an explayralion of tlje nattsre ofihe payment. If a thirdpartyhas been rmbursed forproviding one or more Irustses. state Ihe nature of thep4ymenl and amount of the relmbursemJi. S(alg Ihe nunjber oftrustees to whom retlrem¢rttbenefjt$ ore 47ccruing underè defined contrlbutlon pert$ion scheme. 28.2 Truslees. expenses M¢he charity has paid Iru$rees expenses for lullllllng theirdLtiies. det4lls of such nsactiOnS shouldbe provldedln this note. If there are tr4nsactions to report, please enter"True" in tltre box below. Mfhere are trans8rliorJ$ to report. please enler"False". No trustee expÈnsÈs have been in¢ur*td (True or Falsel TRUE Type of expenses reimbursed This yÈar Last ypar Travel Subsistenc& AGcommodatlon l)ther Iple2sè speGIfyI.' TOTAL Please provide th8 numbÈr of trustees relMbUed for expenses or who had expenses paid by the charity 28.3 Yransactlonlsl wlth related panies CC178 (Excell 2210712021
Please 9iYe detalls of anytransaction UnLlertèken by(oron behalloo Ihp charffyln whlch a relthfedpartyhas a méteri•l interesl Including where funds bove Ixen held as agenttsrrelatedperties. If thereare no such Ir8nsattionsi please enter Yrue'in thÈ box pmvlded. The¥e havè been no r8lat8d party transactions in the r8PQrting period (True or Falsel FALSE Amounts written off durlng repoln9 Name ofthe tru5te0 or felated party Relatlonship to charlty DescriptloTh of the transactlonlsl Amount Balance at perlod end Piovision for bad debts at perf¢xl end AMT La TS Ltd Common control Donauons received 55000 In rel8tlon io the Iransactlons 8bove. please provlde Iho terms conditi(Ins, sncludlng 8nysecurity4nd the nature 013nypaym8nl {consNderation) to be provAded In settleny¢nt. Nola licable F0r8nyrelat¢drtyi pleaseprovlde detai15 of any guarantees 9iven orrec81ved. Nota licable CC17a {Excell 2210712021
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A ¢; Independent Examiner's Report Report to the trusteesldirectorsl members of AMT Foundation Limited On accounts for the year ended 30 October 2020 Charity no.: 1172073 Company no.. 9172230 Set out on pages 1-13 I report to the charity trustees on my examination of the accounts of the Company for the year ended 3011012019. Responsibilittes and basis of report As the charity's trustees of the Company (who are also the directors of the company for the purposes of company law}, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {"the 2006 Act ). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities AGt 2011 {"Ihe 2011 Act"). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145151(b} of the 2011 Act. Independent examiner's ststement I have completed my examinalion. I confirm that no material matters have ome to my attention which gives me cause lo believe that- accounting records were not kept in accordance with section 386 of the Companies Act 2006., or the accounts do not accord wilh such records., or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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., or .the accounts have not been prepared in accordance with the Charities SORP IFRS102). IER October 2018
I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Date: Signod: 22 July 2021 Name: PAUL MOULDING on behalf of PIERCE CA LIMITED Relevant professional qualification{s} or body lif any): FCA Address". Mentor House Ainsworth Street Blackburn BB16AY Section B Disclosure Only complete if the examiner needs to highlight material mallers of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018
Give here brief details of any items that the examiner wishes to disclose. IER October 2018