COMPANY REGISTRATION NUMBER: 1365297 CHARITY REGISTRATION NUMBER: 276075
SAMBER LIMITED
Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS
31 MARCH 2025
COHEN ARNOLD Chartered accountants New Burlington House 1075 Finchley Road London NW11 0PU
SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
| PAGE | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 4 |
| Statement of financial activities (including income and expenditure | |
| account) | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 |
SAMBER LIMITED COMPANY LIMITED BY GUARANTEE
TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name Samber Limited Charity registration number 276075 Company registration number 1365297 Principal office and registered New Burlington House office 1075 Finchley Road London NW11 0PU
THE TRUSTEES
Mr Samuel Berger (Chairman) (Died 1 December 2024) Mrs Lily Berger Mr Joshua Schreiber Company secretary Mr M Y Berger Independent examiner J A Neumann FCA Cohen Arnold New Burlington House 1075 Finchley Road London NW11 0PU
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is a company limited by guarantee and as such, its governing documents are its Memorandum and Articles of Association.
The day to day affairs of the charity are administered by the trustees.
The Board of Trustees are saddened to report the passing of Mr Samuel Berger (Chairman) during the year.
Risk Management
The trustees have identified and reviewed the major risks to which the company is exposed. Both manual and automated checks are regularly invoked - particularly those relating to the operations and finance of the company. The trustees are satisfied that these systems and procedures mitigate any perceived risks.
Related Party Transactions
Details of any related party transactions are disclosed in note 19 of the financial statements.
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (continued)
YEAR ENDED 31 MARCH 2025
OBJECTIVES AND ACTIVITIES
The company is established to advance religion in accordance with the orthodox Jewish faith and for such other purposes as are recognised by English Law as charitable and in furtherance of the aforementioned objects.
The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives, planning future activities and setting the grant making policy for the year.
Grant Making Policy
Grants are made to charitable institutions and organisations in accordance with the objects of the charity.
ACHIEVEMENTS AND PERFORMANCE
During the year under review the charity received charitable donations of £125,000 (2024: £nil) and made charitable donations of £266,970 (2024: £nil).
FINANCIAL REVIEW
The financial results of the charity for the year ended 31 March 2025 are fully reflected in the attached financial statements together with the notes thereon.
Reserves Policy
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year.
The charity's main activity is grant making. The trustees have not made any binding commitments and as such are able to control the level of donations and ensure the continued viability of the charity.
Investment policy
Under the memorandum and articles of association, the company has the power to make investments which the trustees consider appropriate.
The trustees consider the return on investments to be satisfactory.
PLANS FOR FUTURE PERIODS
The trustees plan to continue to make distributions in accordance with their grant making policy and to ensure that the ability to generate sufficient income is maintained to achieve that end.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (continued)
YEAR ENDED 31 MARCH 2025
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
Mrs Lily Berger Trustee
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAMBER LIMITED
YEAR ENDED 31 MARCH 2025
I report to the trustees on my examination of the financial statements of Samber Limited ('the charity') for the year ended 31 March 2025.
RESPONSIBILITIES AND BASIS OF REPORT
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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 financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 accounts to be reached.
J A Neumann FCA Cohen Arnold Independent Examiner
New Burlington House 1075 Finchley Road London NW11 0PU
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 MARCH 2025
| 2025 | 2025 | 2024 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 125,000 | 125,000 | – |
| Investment income | 6 | 14,400 | 14,400 | 14,320 |
| ------------------------------------- | ------------------------------------- | ------------------------------- | ||
| Total income | 139,400 | 139,400 | 14,320 | |
| ===================================== | ===================================== | =============================== | ||
| Expenditure | ||||
| Expenditure on raising funds: | ||||
| Investment management costs | 7 | (40,437) | (40,437) | (13,866) |
| Expenditure on charitable activities | 8,9 | (273,154) | (273,154) | (9,038) |
| ------------------------------------- | ------------------------------------- | ------------------------------- | ||
| Total expenditure | (313,591) | (313,591) | (22,904) | |
| ===================================== | ===================================== | =============================== | ||
| Net losses on disposal of property | 10 | – | – | (75,820) |
| ------------------------------------- | ------------------------------------- | ------------------------------- | ||
| Net expenditure and net movement in funds | (174,191) | (174,191) | (84,404) | |
| ===================================== | ===================================== | =============================== | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 11,472 | 11,472 | 95,876 | |
| ------------------------------------- | ------------------------------------- | ------------------------------- | ||
| Total funds carried forward | (162,719) | (162,719) | 11,472 | |
| ===================================== | ===================================== | =============================== |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 14 form part of these financial statements.
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
| 31 | MARCH | 2025 | ||||
|---|---|---|---|---|---|---|
| 2025 | 2024 | |||||
| Note | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Investments | 13 | 1,562,643 | 1,562,643 | |||
| CURRENT ASSETS | ||||||
| Debtors | 14 | 251,383 | 232,438 | |||
| Cash at bank and in hand | 8,891 | 109,690 | ||||
| ------------------------------------- | ------------------------------------- | |||||
| 260,274 | 342,128 | |||||
| CREDITORS: amounts falling due | ||||||
| within one year | 15 | (1,827,249) | (1,735,791) | |||
| ----------------------------------------------- | ----------------------------------------------- | |||||
| NET CURRENT LIABILITIES | (1,566,975) | (1,393,663) | ||||
| ----------------------------------------------- | ----------------------------------------------- | |||||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | (4,332) | 168,980 | ||||
| CREDITORS: amounts falling due | ||||||
| after more than one year | 16 | (158,387) | (157,508) | |||
| ------------------------------------- | ------------------------------------- | |||||
| NET (LIABILITIES)/ASSETS | (162,719) | 11,472 | ||||
| ===================================== | ===================================== | |||||
| FUNDS OF THE CHARITY | ||||||
| Unrestricted funds | (162,719) | 11,472 | ||||
| ------------------------------------- | ------------------------------- | |||||
| Total charity funds | 17 | (162,719) | 11,472 | |||
| ===================================== | =============================== |
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
Mrs Lily Berger Trustee
The notes on pages 7 to 14 form part of these financial statements.
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1. GENERAL INFORMATION
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is New Burlington House, 1075 Finchley Road, London, NW11 0PU.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
The charity meets the definition of a public benefit entity under FRS 102.
Going concern
The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern, notwithstanding the deficiency in net current assets at the balance sheet date. The trustees consider this to be appropriate having regard to the continued provision of financial support by Townsmede Properties Limited, a company connected to this company.
The charity's main activity is grant making. The charity has modest overheads and the trustees have the ability to exercise control over the charity's grant making charitable activities and to call on support from benefactors, such that the trustees believe the charity will continue as a going concern.
Property held for charitable purposes
The company had a fifty per cent interest in a property held for charitable purposes and its interests in the income, expenditure, assets and liabilities are included in the company's financial statements accordingly.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
3. ACCOUNTING POLICIES (continued)
Taxation
The charity is not liable to direct taxation on its income or gains, whether realised or not, as it falls within the various exemptions liable to registered charities. Accordingly, the charity does not recognise any deferred tax liability on property revaluations as no tax would be due in the event of a disposal as the charity would benefit from the relevant exemptions, as it will apply all funds for qualifying charitable purposes.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Incoming resources
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policy is applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Building held for charitable - 2% straight line purposes
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
3. ACCOUNTING POLICIES (continued)
Investment properties
Investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from changes in the fair value are recognised in the statement of financial activities in the year that they arise.
No depreciation is provided in respect of investment properties applying the fair value model.
The company's investment properties were valued by the trustees based on their understanding of property market conditions using a sales valuation approach, derived from recent comparable transactions and market yields, adjusted by applying discounts to reflect status of occupation and condition.
Acquisitions and Disposals of Properties
Acquisitions and Disposals of properties are considered to take place at the date of legal completion and are included in the Financial Statements accordingly.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all its financial liabilities.
Basic financial instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash balances and call deposits.
Trade and other debtors
Trade and other debtors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate for a similar debt instrument.
Trade and other creditors
Trade and other creditors are recognised initially at transaction price less attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate for a similar debt instrument.
4. LIMITED BY GUARANTEE
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
5. DONATIONS AND LEGACIES
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| DONATIONS | ||||
| Donations received | 125,000 | 125,000 | – | – |
| ===================================== | ===================================== | ================ | ================ | |
| INVESTMENT INCOME | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Income from investment properties | 14,400 | 14,400 | 14,320 | 14,320 |
| =============================== | =============================== | =============================== | =============================== | |
| INVESTMENT MANAGEMENT | COSTS | |||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Insurance | 379 | 379 | 336 | 336 |
| Repairs and maintenance | 28,338 | 28,338 | 5,227 | 5,227 |
| Management commission | 1,904 | 1,904 | 1,542 | 1,542 |
| Loan interest | 9,816 | 9,816 | 6,761 | 6,761 |
| ------------------------------- | ------------------------------- | ------------------------------- | ------------------------------- | |
| 40,437 =============================== |
40,437 =============================== |
13,866 =============================== |
13,866 =============================== |
6. INVESTMENT INCOME
7. INVESTMENT MANAGEMENT COSTS
8. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Donations paid | 266,970 | 266,970 | – | – |
| Other charitable activity | 418 | 418 | 4,575 | 4,575 |
| Support costs | 5,766 | 5,766 | 4,463 | 4,463 |
| ------------------------------------- | ------------------------------------- | -------------------------- | -------------------------- | |
| 273,154 ===================================== |
273,154 ===================================== |
9,038 ========================== |
9,038 ========================== |
9. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE
| Activities | Grant | ||||
|---|---|---|---|---|---|
| undertaken | funding of | Total funds | Total fund | ||
| directly | activities | Support costs | 2025 | 2024 | |
| £ | £ | £ | £ | £ | |
| Donations paid | – | 266,970 | – | 266,970 | – |
| Other charitable activity | 418 | – | – | 418 | 4,575 |
| Governance costs | – | – | 5,766 | 5,766 | 4,463 |
| ---------------- | ------------------------------------- | -------------------------- | ------------------------------------- | -------------------------- | |
| 418 | 266,970 | 5,766 | 273,154 | 9,038 | |
| ================ | ===================================== | ========================== | ===================================== | ========================== |
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SAMBER LIMITED COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
9. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE (continued)
GRANTS PAYABLE
The following grant payments were made during the year ended 31 March 2025:
| £ | |
|---|---|
| Amud Hatzdokoh Trust | 36,000 |
| Bait Limud Vchesed | 7,000 |
| Ben Amram Charitable Trust | 10,000 |
| Chasdei Uvois Trust | 10,000 |
| Keren Nissuin Mislonim | 10,000 |
| Kollel Satmar | 7,000 |
| Kollel Torah Ve Yirah Limited | 10,000 |
| Machzikei Lomdei Torah | 10,000 |
| Tchernobel Foundation Limited | 10,000 |
| United Talmudical Associates Limited | 7,500 |
| UTRY | 8,000 |
| VHLT Limited | 7,000 |
| Yesamach Levav | 20,000 |
| The Z.S.V. Trust | 7,500 |
| Amounts below £6,000 | 106,970 |
| ------------------------------------- | |
| Total Grants Payable | 266,970 ===================================== |
All the grants were made to UK charitable institutions for the purposes of either the advancement of Jewish education or the alleviation of poverty.
10. NET LOSSES ON DISPOSAL OF PROPERTY
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Gain on disposal of tangible fixed | ||||
| assets | – | – | 8,001 | 8,001 |
| Loss on disposal of investment | ||||
| property | – | – | (83,821) | (83,821) |
| ---------------- | ---------------- | ------------------------------- | ------------------------------- | |
| – | – | (75,820) | (75,820) | |
| ================ | ================ | =============================== | =============================== | |
| INDEPENDENT EXAMINATION | FEES | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 4,320 | 3,960 | ||
| ========================== | ========================== |
11. INDEPENDENT EXAMINATION FEES
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SAMBER LIMITED COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
12. TRUSTEE REMUNERATION AND EXPENSES
There were three trustees that served during the year. The trustees did not receive any remuneration for their services nor did they receive any reimbursement for out of pocket expenses.
13. INVESTMENTS
| INVESTMENTS | |
|---|---|
| Investment | |
| properties | |
| £ | |
| Cost or valuation | |
| At 1 April 2024 and 31 March 2025 | 1,562,643 |
| =============================================== | |
| Impairment | |
| At 1 April 2024 and 31 March 2025 | |
| Carrying amount | |
| At 31 March 2025 | 1,562,643 |
| =============================================== | |
| At 31 March 2024 | 1,562,643 =============================================== |
All investments shown above are held at valuation.
Investment properties
The company's investment properties were valued by the trustees based on their understanding of property market conditions using a sales valuation approach, derived from recent comparable transactions and market yields, adjusted by applying discounts to reflect status of occupation and condition.
The historical cost of the investment properties is £1,521,958 (2024: £1,521,958).
In accordance with the company's stated accounting policy (See Note 3) no depreciation has been provided in respect of freehold properties which are held for investment purposes.
14. DEBTORS
| 14. | DEBTORS | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Other debtors | 251,383 | 232,438 | |
| ===================================== | ===================================== | ||
| 15. | CREDITORS: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Other creditors | 1,827,249 | 1,735,791 | |
| =============================================== | =============================================== |
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
16. CREDITORS: amounts falling due after more than one year
| CREDITORS: amounts falling due after more | than one year | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Bank loans and overdrafts | 158,387 | 157,508 |
| ===================================== | ===================================== |
Bank loans and overdrafts comprise a loan which is secured by a charge over one of the properties of the company, which is included in the financial statements at £300,000 (2024: £300,000).
17. ANALYSIS OF CHARITABLE FUNDS
Unrestricted funds
| At | |||||||
|---|---|---|---|---|---|---|---|
| At | Gains and | 31 March | 20 | ||||
| 1 | April 2024 | Income | Expenditure | losses | 25 | ||
| £ | £ | £ | £ | £ | |||
| General funds | 11,472 | 139,400 | (313,591) | – | (162,719) | ||
| =============================== | ===================================== | ===================================== | ================ | ===================================== | |||
| At | |||||||
| At | Gains and | 31 March | 20 | ||||
| 1 | April 2023 | Income | Expenditure | losses | 24 | ||
| £ | £ | £ | £ | £ | |||
| General funds | 95,876 | 14,320 | (22,904) | (75,820) | 11,472 | ||
| =============================== | =============================== | =============================== | =============================== | =============================== |
18. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2025 | |
| £ | £ | |
| Investments | 1,562,643 | 1,562,643 |
| Current assets | 260,274 | 260,274 |
| Creditors less than 1 year | (1,827,249) | (1,827,249) |
| Creditors greater than 1 year | (158,387) | (158,387) |
| ----------------------------------------------- | ----------------------------------------------- | |
| Net liabilities | (162,719) | (162,719) |
| =============================================== | =============================================== | |
| Unrestricted | Total Funds | |
| Funds | 2024 | |
| £ | £ | |
| Tangible fixed assets | – | – |
| Investments | 1,562,643 | 1,562,643 |
| Current assets | 342,128 | 342,128 |
| Creditors less than 1 year | (1,735,791) | (1,735,791) |
| Creditors greater than 1 year | (157,508) | (157,508) |
| ----------------------------------------------- | ----------------------------------------------- | |
| Net assets | 11,472 | 11,472 |
| =============================================== | =============================================== |
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SAMBER LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
19. RELATED PARTY TRANSACTIONS
During the year the charity received Gift Aid aggregating £125,000 (2024: £nil) from companies that have connections with this charity through its Trustees.
Amounts due from related parties
Other debtors include loan balances aggregating £28,888 (2024: £1,150) which is interest-free and repayable on demand and relates to a companies which has connections with this company, either through its board or through its shareholders as follows.
Amounts due to related parties
Other creditors include loan balances aggregating £1,544,607 (2024: £1,561,857) which are interest-free and repayable on demand and relate to companies which have connections with this company, either through its board or through its shareholders as follows:
Also included in other creditors is an amount of £20,818 (2024: £10,698) due to a trustee of this charity. The amount is interest-free and repayable on demand.
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