2020-12-31-accounts

The Charity Registration Number is :- 1175804

SAMR TRUST

Report and Accounts

31 December 2020

SAMR TRUST

Report and accounts for the period ended 31 December 2020

Contents

	Page
Charity information		1
Trustees' Annual Report		1-4
Statement of Trustee's Responsibilities		5
Independent Accountant's Report		6-7
Funds Statements:-
Statement of Financial Activities		8-9
Movements in Revenue funds & Capital funds		10
Income and Expenditure account		11
Balance sheet		12
Cash flow statement		13-14
Notes to the accounts		15-21

SAMR TRUST

Trustees' Annual Report for the year ended 31 December 2020

The Trustees presents his Report and Accounts for the year ended 31 December 2020.

Reference and administrative details

The charity name.

The legal name of the charity is:- SAMR TRUST.

The charity is also known by its operating name, SAMR TRUST.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1175804.

The charity also operates in the following countries:-

Country

Pakistan Uganda Sri Lanka Africa

Legal structure of the charity

The charity is constituted as an unincorporated charity, established by Trust Deed. The governing document of the charity is the Trust Deed establishing the charity.

The governing document is dated 22 March 2017 There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

The trustees are all individuals.

1

SAMR TRUST

Trustees' Annual Report for the year ended 31 December 2020

The principal operating address, telephone number, email and web addresses of the charity are:-

224 High Street Walthamstow London E17 7JH Telephone: [phone] Email Address: [e-mail] Web address: http://www.samrtrust.org

The Trustees in office on the date the report was approved were:-

Samee Ullah Dr Matee Rajput Ziaullah Rajput

The following persons served as Trustees during the year ended 31 December 2020 :-

	Appointed on	Resigned on
Sana Ullah	01/01/2017	12/02/2021
Samee Ullah	01/01/2017
Dr Matee Rajput	22/03/2017
Ziaullah Rajput	23/02/2021

All the trustees are also members of the charity.

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

The purpose of the charity is to help and improve the conditions of those who are less fortunate and in need of help across the UK, Asia (Pakistan and Sri Lanka so far) and Africa (Uganda). We aim to do so by providing clean safe drinkable water, basic medical assistance, education assistance and by distributing basic food packs.

The main activities undertaken in relation to those purposes during the year.

During this difficult year, we

Provided food packs to over 3000 families across Pakistan.

Provided emergency coronavirus assistance to communities here in the UK and abroad. Installed over 200 water hand pumps across Pakistan and Africa. Installed numerous water filtration plants across Pakistan.

Provided free medical camps and basic daily medications to those needed.

2

SAMR TRUST

Trustees' Annual Report for the year ended 31 December 2020

The main activities undertaken during the year to further the charity's purpose for the public benefit.

In this short time, we managed to install numerous water filtration units which will provide safe clean drinking water to thousands of families daily.

In addition, food packs, medical assistance and clothing has been provided to the needy.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

The short term and longer term aims and objectives.

In the short term, we want to continue and develop further the projects we have started. Establish stronger connections locally and internationally to assist us further.

In the long term, we want provide in more areas and countries the projects we have started.

The charity's strategies for achieving its aims and objectives in the future.

Maintaining the good standard we have set out. Connecting more reliable and established local people to assist in our projects to enable them to be more efficient and identify the neediest people and communities.

The main achievements and performance of the charity during the year.

The main achievement was the provision of installing the water filtration plants in a very short time considering the budget allocated, locations and staff restrictions.

Financial review

The charity's financial position at the end of the year ended 31 December 2020

The financial position of the charity at 31 December 2020 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Net income Unrestricted Revenue Funds available for the general purposes of the charity Total Funds	2020 £ 34,288 95,815 95,815	2019 £ 33,986
		61,527
		61,527

3

SAMR TRUST

Trustees' Annual Report for the year ended 31 December 2020

Financial review of the position at the reporting date, 31 December 2020 .

The trustees consider the financial performance by the charity during the year to have been satisfactory.

Policies on reserves.

We continue to strive to build reserves but like many organisations find an ever-increasing demand for our service. We believe that given the level of local, national and international support, we can continue to be able to provide these charity projects nationwide in the UK and to other countries.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Details of The Independent Examiner

MR P. JAYAWARDENE

Member of The Institute of Chartered Accountants

Hamilton House 4A The Avenue London E4 9LD

4

SAMR TRUST Trustees. Annual Report for the year ended 31 December 2020 statement of Trustees, Responsibilities The charivs trustees are responsible for the preparalion of the accounts in accordance with the terms of the Charities Act 2011 and the Charities IAccounts and Reports) Regulations 2008. Notwilhslanding the explicit requirement in Ihe extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005. in view of the fact that the SORP 2005 has been withdrawn, the Trustees deleimined lo inlerprel Ihis responsibility as requiring them to follow cuiienl best practice and prepare th& accounts according lo the FRS 102 SORP (Statement of Recommended Practice for Accounting an(5 Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and applicable lo all accounting periods beginning on or after 1st January 20191, (The SORPI, In particular. charity law requires the Trustees, if they prepare accounts L)n an accruals basis, lo prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity 88 at the end of the financial yeai and of the suiplus or deficit of the charity. In preparing those financial statements the Trustees are required lo lo prepare the accounts in accord8n¢e with United Kingdom Generally Accepted Accounling Practice (United Kingdom Ac¢ounling Standards and applicable lawl. select suitable accounting policies and apply them consislenlly". make judgements and eslimales that are reasonable and prudent., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity will continue in business., slate whether applicable accounting standards and slalements of recommended practice have been followed, subject lo any material departures disclosed and explained in the financial stalements., The law requires that the trustees musl not approve the accounts unless they are satisfied that they give a true and fair view of the stste of affairs of the charity and of the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disdose with reasonable accuracy at any time the financial position of th8 charity and which are sufficiènt to show and explain the charity's Iran$a¢lions and enable them to ènsure that the financial statements comply with regulations made under thè Charities Act 2011. They are also responsible for safeguarding the assels tsf the charity and hence lor tsking reasonablè steps for the prevention and detection of fraud and other irregularities. The Trustees are also responsible for the contents of the TruslÈes' report. and the statutory responsibility of the Independent Examiner in ielalion to IIE Trustees, report is lirniied to examining the report and ensuring that. on the face Df th& report, ther8 are no mat&rial inconsistencies with the fIgu￿S disclosed in the financial slatem&nts. Thi8 report was 8Fproved by th& board of truslees on 28 Sèptember 2021. MR SAMEE ULLAH Trustee

SAMR TRUST

Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2020

I report to the Trustees on my examination of the financial statements of the charity on pages 8 to 21 for the year ended 31 December 2020 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 15.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 5, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

6

SAMR TRUST

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

peterjayawardene

MR P. JAYAWARDENE - Independent Examiner

Member of The Institute of Chartered Accountants

Hamilton House 4A The Avenue London E4 9LD

This report was signed on 28 September 2021

7

SAMR TRUST - Statement of Financial Activities for the year ended 31 December 2020

Statement of Financial Activities for the year ended 31 December 2020

SORP Ref Current year Income & Endowments from: Donations & Legacies A1 182,949 Total income A 182,949 Expenditure on: Raising funds B1 - Charitable activities B2 148,661 Total expenditure B 148,661 Net income for the year 34,288 Transfers between funds C - Net income after transfers A-B-C 34,288 Net movement in funds 34,288 Reconciliation of funds:- E - Total funds brought forward 61,527 Total funds carried forward 95,815 Unrestricted Funds 2020 £	Current year - - - - - - - - - - - - Restricted Funds 2020 £	Current year 182,949 182,949 - 148,661 148,661 34,288 - 34,288 34,288 - 61,527 95,815 Total Funds 2020 £	Prior Year 148,947 Total Funds 2019 £
			148,947
			2,279 112,682
			114,961
			33,986 -
			33,986
			33,986 - 27,541
			61,527

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All the prior year transactions were unrestricted items, and no further analysis is required

All activities derive from continuing operations

The notes attached on pages 15 to 21 form an integral part of these accounts.

8

SAMR TRUST - Statement of Financial Activities for the year ended 31 December 2020

SAMR TRUST - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

SORP Ref Income & Endowments from: Donations & Legacies A1 Total income A Expenditure on: Raising funds B1 Charitable activities B2 Total expenditure B Net income for the year Transfers between funds C Net income after transfers Net movement in funds Reconciliation of funds:- E Total funds brought forward Total funds carried forward	Prior Year Unrestricted Funds 2019 £ 148,947 148,947 2,279 112,682 114,961 33,986 - 33,986 33,986 - 27,541 61,527	Prior Year Restricted Funds 2019 £ - - - - - - - - - - -	Prior Year Total Funds 2019 £ 148,947 148,947 2,279 112,682 114,961 33,986 - 33,986 33,986 - 27,541
		-	61,527

All activities derive from continuing operations

The notes attached on pages 15 to 21 form an integral part of these accounts.

9

SAMR TRUST - Statement of Financial Activities for the year ended 31 December 2020

SAMR TRUST - Resources applied in the year ended 31 December 2020 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Net resources available to fund charitable activities	2020 £ 34,288 (21,296) 12,992	2019 £ 33,986 -
		33,986

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

Movements in revenue and capital funds for the year ended 31 December 2020

Revenue accumulated funds

Unrestricted Funds 2020 £ Accumulated funds brought forward 61,527 Recognised gains and losses before transfers 34,288 95,815 Closing revenue funds 95,815 Summary of funds Unrestricted and Designated funds 2020 £ Revenue accumulated funds 95,815 Total funds 95,815	Restricted Funds 2020 £ - - - - Restricted Funds 2020 £ - -	Total Funds 2020 £ 61,527 34,288 95,815 95,815 Total Funds 2020 £ 95,815 95,815	Last year Total Funds 2019 £ 27,541 33,986
			61,527
			61,527
			Last Year Total Funds 2019 £ 61,527
			61,527

The notes attached on pages 15 to 21 form an integral part of these accounts.

10

SAMR TRUST - Statement of Financial Activities for the year ended 31 December 2020

SAMR TRUST

Income and Expenditure Account for the year ended 31 December 2020

Income Income from operations Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Fundraising costs Governance costs Total expenditure in the year Net income before tax in the financial year Tax on surplus on ordinary activities Net income after tax in the financial year Retained surplus for the financial year	2020 £ 182,949 182,949 182,949 147,848 - 600 148,661 34,288 - 34,288 34,288	2019 £ 148,947
		148,947
		148,947
		112,082 2,279 600
		114,961
		33,986 -
		33,986
		33,986

All activities derive from continuing operations

The headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 15 to 21 form an integral part of these accounts.

11

SAMR TRUST- Balance Sheet as at 31 December 2020 SORP NolÈ Ref 2020 2019 FIKed assets Tan9iblè assets 21,083 Total flxed assèts 21,083 Current assets Debtors Cash at bank and In hand B2 1.25S 66,033 78,584 Total current assets 79.493 67,288 Creditor5- 3moLtnts Tralling due within one year 8 C1 14.7611 15.7611 Net CUTrent assets 74,732 61,527 The total net assels of the ¢harlty 95,815 61,527 The total net assets of th? charity are funded by the funds of the charity, as lollows=. Restricted funds Unrestricted Funds UnrÈ81riclèd Revenl￿ Funds 11 D3 95,815 61,527 95.815 61.527 Designat•d Funds Total charity funds 95,BIS 61,527 The'SORP R&f indicate(J above is the classification of Balance Sheet items as sei out in the fomal SORP documents. As required by paragraph 4.60 of the SORP, the brought foward and carrred fotward fund5 above have been agreed tts the SOFA.. The Trustees acknowledge thèir responsibililiÈ& for tomplying with the requirements of charity legislation with respect lo a¢¢ounting re¢ords and thè pr&p8ratson of 8ccounts. The charity Is subject lo Independent Examination under charity legislation, and the feport of the Independent Examiner is on pages 6- 7. The Trustees are satisfied that, although the charity is not registered under the Companies Acts. if il were so regIste￿d, itwould be eligibEe to prepare accounts in accoidance with the provisions in Part 15 of the Compantss Act 2006. applicable lo compani&s subject lo the small companies regitlle. MR SAMEÉ ULLAH Trustee Approved by the board of trustees on 28 Septernber 2021 Tho notes atts¢heil on pagÈs 15 to 21 form an Intègral part of these accounts. 12

SAMR TRUST

Cash Flow Statement for the year ended 31 December 2020

Cash flows from operating activities Net cash provided by operating activities as shown below A Cash flows from investing activities Purchase of property, plant and equipment Net cash provided by investing activities B Cash flows from financing activities Net cash provided by financing activities C Overall cash provided by all activities A+B+C Cash movements Change in cash and cash equivalents from activities in the year ended 31 December 2020 Cash and cash equivalents at 1 January 2020 Cash at bank and in hand less overdrafts at 31 December	2020 £ 33,847 (21,296) (21,296) - 12,551 12,551 66,033 78,584	2019 £ 34,782
		-
		-
		-
		34,782 34,782 31,251
		66,033

13

SAMR TRUST

Cash Flow Statement for the year ended 31 December 2020 SAMR TRUST

Cash Flow Statement for the year ended 31 December 2020 - Continued

Reconciliation of net income to net cash flow from operating activities

Net income as shown in the Statement of Financial Activities Adjustments for :- Depreciation charges Decrease in debtors Increase in creditors, excluding loans Increase in provisions Net cash provided by operating activities A Analysis of cash and cash equivalents Cash in hand at for the year ended 31 December 2020 Total cash and cash equivalents	2020 £ 34,288 213 346 (1,000) - 33,847 2020 £ 78,584 78,584	2019 £ 33,986 - (1,255) 2,051 -
		34,782 2019 £ 66,033
		66,033

SAMR TRUST

Cash Flow Statement for the year ended 31 December 2020 - Continued

Analysis of change in net debt

Cash Total	At start of year 66,033 66,033	Cash Flows 12,551 12,551	At end of year 78,584
			78,584

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SAMR TRUST

Notes to the Accounts for the year ended 31 December 2020

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Going Concern

The charitable activities are entirely dependent on continuingog the voluntary donations. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value of donations received from donors and coffee shop sales.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

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SAMR TRUST

Notes to the Accounts for the year ended 31 December 2020

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Income from legacies

Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.

Where a payment is received from an estate or is notified as receivable by the executors after the reporting date and before the accounts are authorised for issue but it is clear that the payment had been agreed by the executors prior to the end of the reporting period, then the amount concerned is treated as an adjusting event and accrued as income in the accounting period if receipt is probable.

Where the charity has established entitlement to a legacy but there is uncertainty as to the amount of the payment, details of the legacy aredisclosed as a contingent asset until the criteria for income recognition are met. Where a legacy is subject to the interest of a life tenant, the legacy is not recognised as income until the death of the life tenant.

If it is doubtful that full settlement of a legacy debtor will be received, then an adjustment is made to reduce the amount of the legacy debtor and legacy income rather than charging the adjustment as expenditure in the Statement of Financial Activities

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

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SAMR TRUST

Notes to the Accounts for the year ended 31 December 2020

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-

Staffing - on the basis of time spent in connection with any particular activity. Staffing - on a per capita basis, based on the number of of people employed within any partiular activity. Premises related costs - on the proportion of floor area occupied by a particular activity.

Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 4.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Land and buildings

over 100 years

A regular annual review of the likelihood of asset impairment is undertaken.

17

SAMR TRUST

Notes to the Accounts for the year ended 31 December 2020

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Financial instruments including cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

There are no endowment funds.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. The volunteers work tirelessly to achieve the goals of the charity and their contributions cannot be measured. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.

5 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

18

SAMR TRUST

Notes to the Accounts for the year ended 31 December 2020

6 Tangible fixed assets

Current Year Cost At 1 January 2020 Additions At 31 December 2020 Depreciation At 1 January 2020 Charge for the year At 31 December 2020 Net book value At 31 December 2020 At 31 December 2019 Prior Year Cost 01 January 2019 Additions 01 January 2020 Depreciation 01 January 2019 Charge for the year 01 January 2020 Net book value 01 January 2020 01 January 2019	Land and Buildings £ - 21,296	Plant & Machinery £ - -	Motor Vehicles £ - -	Total £ - 21,296
	21,296	-	-	21,296
	- 213	- -	- -	- 213
	213	-	-	213
	21,083	-	-	21,083
	-	-	-	-
	Land and Buildings £ - -	Plant & Machinery £ - -	Motor Vehicles £ - -	Total £ - -
	-	-	-	-
	- -	- -	- -	- -
	-	-	-	-
	-	-	-	-
	-	-	-	-

19

SAMR TRUST

Notes to the Accounts for the year ended 31 December 2020

7 Debtors

7 Debtors
Trade debtors Prepayments and accrued income 8 Creditors: amounts falling due within one year Trade creditors Accruals 9 Income and Expenditure account summary At 1 January 2020 Surplus after tax for the year At 31 December 2020	2020 2019 £ £ - 1,000 909 255
	909 1,255
	2020 2019 £ £ 414 4,081 4,347 1,680
	4,761 5,761
	2020 £ 2019 £ 61,527 27,541 34,288 33,986
	95,815 61,527

10 Particulars of how particular funds are represented by assets and liabilities

At 31 December 2020 Tangible Fixed Assets Current Assets Current Liabilities At 1 January 2020 Tangible Fixed Assets Current Assets Current Liabilities	Unrestricted funds £ Designated funds £ Restricted funds £ Total Funds £ 21,083 - - 21,083 79,493 - 79,493 (4,761) - - (4,761)
	95,815 - - 95,815
	Unrestricted Designated Restricted Total funds £ - funds £ funds Funds £ £ - - - 67,288 - - 67,288 (5,761) - - (5,761)
	61,527 - - 61,527

20

SAMR TRUST

Notes to the Accounts for the year ended 31 December 2020

11 Change in total funds over the year as shown in Note 10 , analysed by individual funds

Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds Total charity funds	Funds brought forward from 2019 Movement in funds in 2020 Transfers between funds in 2020 Funds carried forward to 2021 £ See Note 12 £ See Note 0 £ £ 61,527 34,288 - 95,815
	61,527 34,288 - 95,815
	61,527 34,288 - 95,815

12 Analysis of movements in funds over the year as shown in Note 11

Unrestricted and designated funds:- Unrestricted Revenue Funds	Income 2020 £ 182,949	Expenditure 2020 £ (148,661)	Other Gains & Losses 2020 £ -	Movement in funds 2020 £ 34,288
	182,949	(148,661)	-	34,288

13 The purposes for which the funds

Unrestricted and designated funds:-

Unrestricted Revenue Funds

Unrestricted Revaluation Reserve

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.

This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.

Restricted funds:-

Restricted Fixed Asset Funds Restricted Revaluation Reserve

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the charity's assets.

14 Ultimate controlling party

The charity is under the control of its legal members.

21

SAMR TRUST UK 20EWFRS102NONEND 31 DEC 2020

Final Audit Report

2021-10-27

Created: 2021-10-27 By: pervez lattif ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAabaKIYew6Dque3d4UpAmF8E_0rlu3gzd

"SAMR TRUST UK 20EWFRS102NONEND 31 DEC 2020" Hist

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