**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name The ASAMAA Charitable Trust **members of On accounts for the year** 5 April 2025 **Charity no** 1199636 **ended (if any) Set out on pages** 3 to 9 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 5 April 2025.
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Signed: Date:** 7 November 2025 **Name:** Julia Savage **Relevant professional** Chartered Tax Advisor **qualification(s) or body (if any):**
**Address:** Red Oaks, Reacliffe Road, Rudyard, Leek, Staffordshire, ST13 8RS
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
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**October 2018**
**IER**
**Give here brief details of any items that the examiner wishes to disclose** .
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**October 2018**
**IER**
# **The ASAMAA Charitable Trust**
## _**Registered with the Charity Commission, Reg No. 1199636 Accounts for the year ended 5 April 2025**_
## _**Report of the chair of trustees**_
The charity was created in March 2017 as a vehicle for charitable giving by the founding trustees and has from that date been recognised as a charity for tax purposes.
Its areas of interest are wide and include cancer support, community support, especially for those with learning disabilities, environmental and animal welfare and education.
A property in Ilkley, Yorkshire, was purchased in April 2023 to provide a home for young men with learning difficulties. Delays in reaching agreement with local Social Services have meant that it is only in May 2025 that it has reached full capacity and now provides a stable home environment for three residents with support provided by Carers and Companions, an organisation owned by Ilkley Community Enterprise, a registered charity.
The Trust continues to make donations and grants for charitable purposes.
The trustees of the charity during the year were:
Anthony Allen (founding trustee and chair) Marion Allen (founding trustee) Christopher Dooley (appointed 1 December 2023) Zoe Dooley (resigned 1 December 2023) Joanna Friel Anthony Wiffen
Anthony Allen Chair of trustees 7 November 2025
The ASAMAA Charitable Trust
## **The ASAMAA Charitable Trust**
_**Statement of financial activities Year ended 5 April 2025**_
|**Notes**
Incoming Resources
Donations
2.1
Gift Aid reclaimable
2.2
Charitable activities
3.2
Interest received
Resources expended
Charitable activities:
Grants
3.1
Housing costs
3.2
Fees and expenses
4
Net
income/(shortfall)
Funds brought forward
**Funds carried forward**|**2025**
**_2024_**
£91,000
_£2,618_
23,404
_158_
7,200
_2,206_
3,045
_3,105_|
|---|---|
||124,649
_8,087_|
||53,440
_19,595_
3,001
_4,632_
292
_382_|
||56,733
_24,609_|
||67,916
_(16,522)_
598,001
_614,523_|
||**£665,917**
**_£598,001_**|
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The ASAMAA Charitable Trust
## **The ASAMAA Charitable Trust**
## _**Balance Sheet**_
_**5 April 2025**_
|**The ASAMAA Charitable Trust**
**_Balance Sheet_**
**_5 April 2025_**||
|---|---|
|**Notes**
Fixed Assets
5
Current Assets:
Cash
Debtors
6
Total current assets
Total assets
Less creditors
7
**Net Assets**|**2025**
**_2024_**
£490,414
_£490,808_
151,417
_107,433_
24,326
_0_|
||175,743
_107,433_|
||666,157
_598,241_
240
_240_|
||**£665,917**
**_£598,001_**|
The notes on pages 4-6 form a part of these accounts.
Accounts approved by the trustees, and signed by the chair of trustees
Anthony Allen 7 November 2025
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The ASAMAA Charitable Trust
## **Notes to the accounts**
## **Note 1. Accounting policies**
## 1.1 _**Basis of accounting**_
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 of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- and with the Charities Act 2011.
## _**1.2. Going Concern**_
There are no uncertainties related to events or conditions that cast doubt on the charity's ability to continue as a going concern.
## 1.3 _**Income**_
## 1.3.1 _**Recognition of income**_
Income is included in the Statement of Financial Activities when:
- the charity becomes entitled to the resources;
- it is more likely than not that the trustees will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## 1.3.2 _**Offsetting**_
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
## 1.3.3 _**Grants and donations**_
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
## 1.3.4 _**Government grants**_
The charity has received no government grants in the reporting period.
## 1.3.5 _**Tax reclaims on donations and gifts**_
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor specified otherwise.
## 1.3.6 _**Support costs**_
The charity has incurred no expenditure on support costs.
## 1.3.7 _**Income from interest, royalties and dividends**_
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
## 1.4 _**Expenditure and Liabilities**_
## 1.4.1 _**Liability recognition**_
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 1.4.2 _**Creditors**_
The charity has creditors which are measured at settlement amounts less any trade discounts.
- 1.4.3 _**Provisions for liabilities**_
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
## 1.5 _**Assets**_
## 1.5.1 _**Property**_
Property purchased for use by charity is valued at cost, less any impairment, which will be reviewed every three years. No depreciation is applied to property.
## _**1.5.2 Debtors**_
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
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The ASAMAA Charitable Trust
settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## _**1.5.3 Depreciation**_
Property values will be reviewed every three years. Fixed assets in the property will be depreciated over 10 years.
## _**1.6 Reserves policy**_
The charity’s policy on reserves is to generate and maintain a level of financial resources which is sufficient, in the interests of meeting its objectives, to develop new and innovative projects to achieve its charitable objects and where appropriate to implement these projects. Given the nature of these projects, which may spread over a number of years, the charity may need to retain reserves to ensure the funding necessary to maintain such projects on an on-going basis. For these purposes the charity will continue to periodically review the financial resources it is holding and not enter into financial (or other resource) commitments for which the necessary funding is not assured. At the time of this report, while the charity has unrestricted cash the trustees are developing plans to ensure that these resources are used to enhance and expand its services to its beneficiaries in accordance with its charitable objects.
## **Note 2. Analysis of Income**
## 2.1 _**Donations**_
All donations were made by the founding trustees.
## 2.2 _**Gift Aid**_
All donations were made under a valid Gift Aid declaration and enable Gift Aid to be claimed.
**Note 3. Charitable Activities**
|**Note 3. Charitable Activities**|**Note 3. Charitable Activities**|**Note 3. Charitable Activities**|**Note 3. Charitable Activities**|
|---|---|---|---|
|||||
|**3.1 Grants made to institutions during the year ended 5 April 2025**||||
|**_Names of institution_**|**_Purpose_**||**_Total amount of grant_**|
|Chislehurst Golf Club Napoleon III
Archive|Education and Chislehurst
communitysupport||£15,250|
|Ilkley Community Enterprise|Supporting learning disability||15,000|
|Orpington/Bromley Gateway|Supporting learning disability||7,000|
|Chislehurst/West Kent Cricket|Chislehurst environmental support||6,000|
|Bromley Mencap|Supporting learning disability||2,200|
|Chislehurst May Queen|Chislehurst community support||2,000|
|Smile of Hope|Education||2,000|
|Battersea Dogs Home|Animal welfare||2,000|
|Lords Taverners|Supporting learning disability||650|
|Chislehurst Churches Together|Chislehurst community support||500|
|Marjorie McClure school|Supporting learning disability||840|
|**_Total grants to institutions during the year_**|||**£53,440**|
|||||
|**_Analysis of grants paid in 2023/24 (included in cost of charitable activities)_**||||
|Supportinglearningdisability|||£6,595|
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The ASAMAA Charitable Trust
|Education and communitysupport|||6,000|
|---|---|---|---|
|Environmental support|||7,000|
|**_Total_**|||**_£19,595_**|
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The ASAMAA Charitable Trust
## **3.2 Income and costs 9 Regent Road**
||**2025**|**_2024_**|
|---|---|---|
|Insurance|£757|_£764_|
|Utilitiesprior to first tenancy|0|_1,435_|
|Landlord’s repairs|1,850|_2,039_|
|Depreciation(see note 5)|394|_394_|
|**Totals**|**£3,001**|**_£4,632_**|
||||
|**Rent received**|**£7,200**|**_£2,206_**|
||||
||||
## **4. Fees and expenses**
|**4.Fees and expenses**|||
|---|---|---|
||**2025**|**_2024_**|
|Independent examiner’s fees|£240|_£240_|
|Transaction fees|0|_42_|
|Fund management fees|7|_100_|
|Legal Fees|45|_45_|
|**Total**|**£292**|**_£382_**|
## **5. Fixed assets**
9 Regent Road, Ilkley
|**5.Fixed assets**|**5.Fixed assets**|**5.Fixed assets**||
|---|---|---|---|
|9 Regent Road,Ilkley||||
||Property|Fixed asset|Total|
|Cost of Purchase b/fwd|£487,259|£3,943|£491,202|
|Additions:|0|0|0|
|Costs c/fwd|487,259|3,943|491,202|
|||||
|Depreciation b/fwd|0|394|394|
|Additions|0|394|394|
|Depreciation c/fwd|0|788|788|
|||||
|**Net values c/fwd**|**£487,259**|**£3,155**|**£490,414**|
|||||
|Thepropertywaspurchased to be used as accommodation for selected individuals with||||
|severe learningdifficulties to developskills to enable them to lead more independent lives||||
|Fixed assets have an expected life of 10years.||||
## **6. Debtors and prepayments**
|**6.Debtors andprepayments**|||
|---|---|---|
||**2025**|**_2024_**|
|Buildings insuranceprepayment|£922|_0_|
|Gift Aid recoverable|23,404|_0_|
|**_Total_**|**£24,326**|**_0_**|
## **7. Creditors**
|**7.Creditors**|||||
|---|---|---|---|---|
||||**2025**|**_2024_**|
|Independent examiner fees|||£240|_£240_|
|**_Total_**|||**_£240_**|**_£240_**|
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