2021-10-30-accounts - Amt Foundation Limited

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			AMT FOUNDATION	AMT FOUNDATION	LIMITED	Charity	No		1172073	1172073
						Company	No		9172230
			sz
			8		Restricted
				Unrestricted	income	Endowment		Total	this	Total last
				fundsf	funds E	funds E		year E		year E
Fixed assets				F01	F02	F03		F04		F05
Intangible assets			801
Tangible assets			802
Heritage assets			803
Investments			804
		Total fixed assets	805
Current assets
Stocks
Debtors			807
Investments			808
Cash at bank and	in	hand (Note 5)	809	120,413					,4	86,497
	Total current assets		810	120,413				12,413		86,497
Creditors: amounts		falling due within
one year			811
Net current		assetsl(liabilities)	812	120,413				120,413		86,497
Total assets less current liabilities			813							86,497
Creditors: amounts		falling due after
one year			814
Provisions for liabilities			815
Total net assets orliabilities			Bta	120,413				120,413		86,497
Funds ofthe Charity
Endowment funds			817
Restricted income	funds		818
Unrestricted funds			810	120,413				120,413		86,497
Revaluation reserve			820
Fair value reserve			821
		Total funds	822	120,41				120,413		86,4S7

ect to the small companies regim	ect to the small companies regim	e and in accordanc	e with FRS1	02	SORP.	SORP.
Signed by one or lwo trustees/directors trustees/directors		on behalf of all the			Print Name		Date of approval
							dd/mm/
							28/07/2022
			Asjad Huss	n			Print name
Signature ofdirector authenticating	accounts being sent to				Signat	re	Date dd/mm/
Companies House							28/07/2022
			Asjad Hussain				Print name

Note 1 Basis of preparation	Note 1 Basis of preparation
This section should be completed by all charities.
1.1 Basis	ofaccounting
These accounts have been prepared under the historical		cost convention with items					recognised		at cost or
transaction	value unless otherwise stated in the relevant	note(s) to		these accounts.
The accounts have been prepared in accordance with:
	the Statement ofRecommended		Practice: Accounting			and Reporting			by Charities
~ and with'	preparing their accounts in accordance			with	the Financial		Reporting	Standard		applicable
	in the UK and Republic of Ireland		(FRS	102)issued on		16July 2014
and with*	the Financial Reporting Standard Ireland (FRS102)		applicable		in the United		Kingdom	and Republic of
~ and with	the Charities Act 2011.
The charity FRS102.*	constitutes a public benefit entity as defined	by
*-Tick as appropriate

ability to continue as agoing concern, pleas appropriate:	e provide the
An explanation as to those factors that support	Not applicable
the conclusion that the charity is a going
concern;
Disclosure ofany uncertainties that make the	Not applicable
going concern assumption doubtful;
Where accounts are not prepared on a going	Not applicable
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.

Please disclose:
	Not applicable
(i) the nature ofthe prior period error;
(ii) for each prior pertod presented in the accounts, the	Not applicable
amount ofthe correction for each account line item
affected; and
(iii) the amount ofthe correction at the beginning ofthe	Not applicable
eariiest prior period presented in the accounts.

			~ ~
Note 2			Accounting policies
2.2 IN COIIE
Recognitlon		ofincome	These are included in the Statement ofFinancial Activities (SoFA) when:
			~ the charity becomes entitled to the resources;
			~ it is more likely than not that the trustees will receive the resources;		Yes*	No*	N/a*
			~ the monetary value can be measured with sufficient reliability.
Offsetting			There has been no offsetting ofassets and liabilities, or income and expenses, unless required or permitted by the FRS102SORP or FRS102.		Yes*	No	N/a*
			Grants and donations are only included in the SoFA when the general income recognition		Yes*	No"	N/a*
			criteria are met (5.10to 5.12FRS102SORP).
			In the case ofperformance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant		Yes"	No*	N/a
			only occurs when the performance related conditions are met (5.16FRS102SORP).
			Legacies are included in the SOFA when receipt is probable, that is, when there has
Legacies			been grant ofprobate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control ofthe		Yes*	No	N/a*
			charity or have been met.
					Yes*	No'	N/a'
Government		grants	The charity has received government grants in the reporting period
			Gift Aid receivable is included in income when there isa valid declaration from the donor.
Tax reclaims		on	Any Gift Aid amount recovered on a donation is considered to be part ofthat giR and	is	Yes'	No*	N/a
donations	and gifts		treated as an addition to the same fund as the initial donation unless the donor orthe
			terms ofthe appeal have specified otherwise.
Contractual performance		income and related	This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.		Yes*	No*	N/a*
grants
					Yes*	No"	N/a*
Donated goods			Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
			The cost ofany stock ofgoods donated for distribution to beneficiaries is deemed to be the fair value ofthose gifts at the time oftheir receipt and they are recognised on receipt.		Yes*	No*	N/a*
			In the reporting period in which the stocks are distributed, they are recognised as an
			expense at the carrying amount ofthe stocks at distribution.
			Donated goods for resale are measured at fair value on initial recognition, which is the
			expected proceeds from sale less the expected costs ofsale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance		Yes*	No	N/a*
			sheet. On its sale the value ofstock is charged against 'Income from other trading
			activities' and the pmceeds from sale are also recognised as 'Income from other trading
			activities'.
			Goods donated for on-going use by the charity are recognised as tangible fixed assets		Yes*	No	N/a*
			and included in the SoFAas incoming resources when receivable.
			Gifts in kind for use by the charity are included in the SoFAas income from donations		Yes*	No*	N/a*
			when receivable.
Donated services and			Donated services and facilities are included in the SOFA when received at the value	of	Yes'	No*	N/a*
facilities			the gift to the charity provided the value ofthe giR can be measured reliably.
			Donated services and facilities that are consumed immediately are recognised as income		Yes*	No*	N/a*
			with an equivalent amount recognised as an expense under the appropriate heading	in
			the SOFA.
Support costs			The charity has incurred expenditure on support costs.		Yes*	No	N/a*
Volunteer	help		The value ofany voluntary help received is not included in the accounts but is described in the trustees' annual report		Yes*	No*	N/a*
Income from		Interest,	This is included in the accounts when receipt is probable and the amount receivable can		Yes*	No*	N/a

royalties and	royalties and	royalties and	dividends	be measured reliably.
Income from			membership	Membership subsciiptions received in the nature ofa gift are recognised in Donations		Yes"	No*	N/a
subscfl ptions				and Legacies.
				Membership subscriptions which gives a member the right to buy services or other		Yes'	No*	N/a
				benefits are recognised as income earned from the provision ofgoods and services	as
				income from charitable activities.
Settlement claims		ofinsurance		Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10to5.12FRS102SORP) and are included as an item ofother income in the SoFA.		Yes*	No'	N/a*
Investment losses		gains and		This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end ofthe		Yes*	No*	N/a*
				year.
2.3EXPENDITURE				AND LIABILITIES
				Liabilities are recognised where it is more likely than not that there isa legal or		Yes'	No"	N/a*
Liability		recognitlon		constructive obligation committing the charity to pay out resources and the amount obligation can be measured with reasonable certainty.	ofthe
Governance costs			and support	Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability ofthe charity and its		Yes'	No	N/a'
				compliance with regulation and good practice.
				Support costs include central functions and have been allocated to activity cost
				categories on a basis consistent with the use ofresources, eg allocating property costs		Yes'	No*	N/a*
				by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with		performance		Where the charity gives a grant with conditions for its payment being a specific level of
conditions				service or output to be provided, such grants are only recognised in the SoFA once	the	Yes'	No'	N/a'
				recipient ofthe grant has provided the specified service or output.
Grants payable without				Where there are no conditions attaching to the grant that enables the donor charity	to
performance			conditions	realistically avoid the commitment, a liability for the full funding obligation must be		Yes*	No*	N/a*
				recognised.
Redundancy			cost	The charity made no redundancy payments during the reporting period.		Yes*	No*	N/a*
Deferred income				No material item ofdeferred income has been induded in the accounts.		Yes*	No*	N/a*
Creditors				The charity has creditors which are measured at settlement amounts less any trade		Yes	No	N/a*
				discounts
Provisions	for liabilities			A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate ofthe amount required to settle the obligation at the		Yes*	No*	N/a"
				reporting date
Basic financial instruments				The chanty accounts for basic financial instruments on initial recognition as per paragraph 10.7FRS102SORP. Subsequent measurement isas per paragraphs 11.17 to 11.19,FRS102SORP.		Yes'	No*	N/a*
2.4ASSETS
Tangible fixed assets for				These are capitalised ifthey can be used for more than one year, and cost at least
use by charity						Yes*	No	N/a*
				They are valued at cost.
				The depreciation rates and methods used are disclosed in note 14.
Intangible	fixed assets			The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody		Yes*	No*	N/a*
				or legal rights. The amortisation rates and methods used are disclosed in note 15.
				They are valued at cost.		Yes*	No*	N/a
Heritage assets				The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation		Yes'	No*	N/a
				rates and methods used as disclosed in note 16.
						Yes*	No	N/a*
				They are valued atcost.
				Fixed asset investments in quoted shares, traded bonds and similar investments are
Investments				valued at initially atcost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be		Yes*	No*	N/a*
				measured reliably in which case it is measured at cost less impairment.
				Investments held for resale or pending their sale and cash and cash equivalents with a		Yes*	No*	N/a*

													~		~
Note 3						Income
																				Restricted
						Analysis ofincome												Unrestricted funds		income funda	Endowment funds	Total funds	Prior year
																							E
Donations			Donations			and	ifts											73,450				73450	62 945
and legacies:			Gift Aid
			Le acies
			General	grants provided							by government/other
			charities
			Membership			subscdiptions						and sponsorships
			which are		in substance					donations
			Donated		oods,		facilities				and			services
			Other
																	Total	73,450				73,450	62,945
Charitable
activities:
			Other
																	Total
Other trading
activities:
			Other
																	Total
Income from			Interest	income
investments:			Dividend		income
			Rental	and		leasin		income
			Other
																	Total
Separate
material	item
ofincome
																	Total
Other:			Conversion			ofendowment						funds			into income
			Gain on disposal				ofa tangible							fixed asset			held
			for chari		's own		use
			Gain on disposal				ofa programme								related
			investment
			Royalties		from the exploitation									of	intellectual
			ro e	ri		hts
			Other
																	Total
TOTAL INCOME																		73450				73450	62945
Other information:
All income		in the prior year				was unrestricted						except for:				lplesse
provide description and				alnounts)														Not A	Iicable
Where any endowment				fund is converted							into income in					the
reporting		perIod, please		give the			reason			for		the conversion.
																		Not a	licable
Within the		income items above the following											Items		are material:
(please disclose the nature,						amount		and		any			prior		year
amounts)																		Not a	licable
Where sums originally denominated									in foreign					currency		have
been included			ln Income,		explain		the		basis on which those
sums have been translated						into sterling				(or		the		currency		in
which the		accounts are		drawn up).														Not a	licable

was paid please en	ter '0	'in the appropriate	box(es).
						This year	Last year
Independent examiner's		fees
						780	780
Assurance services	other than independent		examination
Tax advisory fees
Other fees (forexample:		financial advice, consultancy,		accountancy	services) paid
to the independent.	examiner

Note	5	Cash at bank and in hand	Cash at bank and in hand
						This year	Last year
Short	term cash investments		(less than 3months	maturity	date)
Short	term deposits
Cash	at	bank and on hand				120,413	86,497
Other
Total						0,4	49

					Amounts paid or	Amounts paid or	benefit value
						This ear			Last year
		Legal authority	(eg	Remuneration	Pension	Redundancy	Other	TOTAL
Name	oftrustee	order, governing			contribution	(including
		document)				loss of
						office)/sx
						gratia


No trustee expenses have	been incurred (True or False)			TRUE
	Type ofexpenses reimbursed		This year	Lastyear
Travel
Subsistence
Accommodation
Other (please specify):
		TOTAL

										Amounts
Name ofthe or related		trustee party	Relationship to charity		Description ofthe transaction(s)	Amount		Balance at period end	Provision for bad debts at period end	written off during reporting
										llod
AMT Lawyers		Ltd	Common		Donations received		69050
			control
In relation	to	the transactions above,			please provide the
terms and	conditions,		including	any security and the nature
ofany payment (consideration)				to beprovidedin
settlement.						Not a	licable
Forany related party,			please provide		details ofany
guarantees	given or		received.			Not a	licable

Objectives and activ	itie	s
		SORP reference
Summary ofthe purposes	of	Para 1.17	The advancement		ofeducation			and the
the charity as set out in its			relief ofthose in need			by reason		ofage,
governing document			ill health, disability,		financial		hardship		or
			other disadvanta e b			rovidin		rants.
Summary ofthe main activities in relation to those		Para 1.17and 1.19	The company made grants	has to an	received donations and orphanage in Morocco.
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Statement confirming		Para 1.18	The trustees	have	had	such	regard.
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit

			SORP reference
Policy on	grant making		Para 1.38
Policy on	social investment		Para 1.38
including	program	related
investment
Contribution made		by	Para 1.38
volunteers

chieve	men	ts	and perf	ormance
					The charity has supported disabled
					orphanages and children's centres
					providing food and clothing, educational
Summary	of the main			Para 1.20	equipment and playground facilities for
achievements		of the charity,			children up to 16 years ofage. It has also
identifying	the	difference the			provided training for management and
charity's	work	has made to			teachers. Improvements have been made
the circumstances			of its		to the kitchen and dining areas aswell as
beneficiaries and			any wider		providing new beds.
benefits to society as a					In addition, the centres have provided
whole.					support for the benefit ofthe elderly and
					the charity has carried out improvements
					to the facilities and provided security
					measures.

Achievements against	Para 1.41
objectives set
Performance offundraising	Para 1.41
activities against objectives
set
Investment performance	Para 1.41
against objectives
Other

Financial review	Financial review
Review ofthe charity's			Para 1.21	The charity		has sufficient funds for its
financial position at	the end			immediate		activities.
ofthe eriod
Statement explaining	the		Para 1.22	The reserves are held			in line with the
policy for holding reserves				trustees'	estimate of		the funds needed to
stating why they are	held			carry out	the charity's		immediate
				ob ectives.
Amount of reserves	held		Para 1.22	R120,413
Reasons for holding	zero		Para 1.22	NIA
reserves
Details offund materially		in	Para 1.24	NIA
deficit
Explanation ofany			Para 1.23	NIA
uncertainties about	the
charity continuing as a going
concern

Additional information	(optional)
You ma choose to include further statements		where relevant	about:
		Donations
The charity's principal	Para 1.47
sources offunds (including
any fundraising)
Investment policy and	Para 1.46
objectives including any
social investment policy
adopted
A description ofthe principal	Para 1.46
risks facing the charity

Funds held as custodian	Funds held as custodian	trustees on behalf ofothers
Description ofthe assets		N/A
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charit 's ob'ects
Details ofarrangements	for	N/A
safe custody and
segregation ofsuch assets from the charit 's own assets

Names and addresses	(optional	information)
Type of Name	Address
adviser
Name ofchief executive or names	ofsenior	staff members	(optional	information)