|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|2|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet|5|to|6|
|Notes to the Financial Statements|7|to|11|
|Detailed Statement ofFinancial Activities|12|to|13|
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|||Kadam
a Meditation
Centre Sheffield|||
|---|---|---|---|---|
|||Statement ofFinancial Activities|||
|||ear Ended 31December 2021|||
||||31.12.21|31.12.20|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|||
|INCOME AND ENDOWMENTS||FROM|||
|Donations
and legacies|||876|5,044|
|Charitable
activities|||||
|Administration
costs||||8,315|
|Fees and courses|||22,436|19,288|
|Other trading activities|||29491|33,236|
|Investment
income|||2|31|
|Total|||52,605|65,914|
|EXPENDITURE ON|||||
|Raising funds|||719|1,415|
|Charitable
activities|||||
|Administration
costs|||44,052|34,358|
|Property|||8486|20,096|
|Total|||53,157|55,869|
|NET INCOME/(EXPENDITURE)|||(552)|10,045|
|RECONCILIATION|OFFUNDS||||
|Total funds brought forward|||700,724|690,679|
|TOTAL FUNDS CARRIED FORWARD|||700,172|700,724|
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||B~ltnnthgtd|||
|---|---|---|---|
||31December 2021|||
|||31.12.21|31.12.20|
|||Unrestricted|Total|
|||fund|fullds|
||Notes|||
|FIXEDASSETS||||
|Tangible assets||920,926|920,926|
|CURRENT ASSETS||||
|Stocks
Cash at bank and in hand||2,575
~14554|2,575
29,049|
|||17,129|31,624|
|CREDITORS||||
|Amounts
falling due within one year||(19409)|(19,600)|
|NET CURRENT ASSETS||~280|22 024|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||918,546|932,950|
|CREDITORS||||
|Amounts
falling due afier more than one year|9|(218474)|(232,226)|
|NET ASSETS||700,172|700724|
|FUNDS|12|||
|Unrestricted
funds||700,172|700724|
|TOTAL FUNDS||~700 172|700,724|
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|||31.12.21|31.12.20|
|---|---|---|---|
|Shop and cafe|income|2,770|3,906|
|Accommodation||21,596|22,063|
|Short stay accommodation||4,925|7,267|
|||29 91|~33 236|
|INVESTMENT|INCOME|||
|||31.12.21|31.12.20|
|Deposit account|interest|2|31|
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|The average|monthly
number ofemp|loyees
during the year was|as follows:|||
|---|---|---|---|---|---|
|||||31.12.21|31.12.20|
|Administration|||||3|
|No employees|received emoluments|in excess of660,000.||||
|TANGIBLE|FIXEDASSETS|||||
|||||Impnivements||
||||Freehold|to|Cafe|
||||property|property|equipment|
|||||6||
|COST||||||
|At 1January|2021 and 31December|2021|753,140|167,786|13,815|
|DEPRECIATION||||||
|At I January|2021 and 31December|2021|||13,815|
|NET BOOK|VALUE|||||
|At 31December 2021|||753,140|167,786||
|At 31December 2020|||753,140|167786||
##
|||No so
eFinnil|mn|mn|-|n|d|||
|---|---|---|---|---|---|---|---|---|---|
|||ed31D||e||||||
|6.|TANGIBLE FIXEDASSETS - continued|||||||||
|||||||Motor||Computer||
|||||||vehicles||equipment|Totals|
||COST|||||||||
||At 1January 2021 and 31December 2021|||||1,650||2,103|938,494|
||DEPRECIATION|||||||||
||At I January 2021 and 31December 2021|||||1,650||2,103|17468|
||NKT BOOKVALUE|||||||||
||At 31December 2021||||||||920,926|
||At 31December 2020||||||||920,926|
|7.|STOCKS|||||||||
|||||||||31.12.21|31.12.20|
||Stocks|||||||2,575|2,575|
||CREDITORS: AMOUNTS FALLING DUE WITHIN|||ONE|YEAR|||||
|||||||||31.12.21|31.12.20|
|||||||||f.|6|
||Bank loans and overdrafts|(see note 10)||||||14,427|15,000|
||Other loans (see note 10)|||||||2,696|2,696|
||Other creditors|||||||1%114|632|
||Accrued expenses|||||||1472|1,272|
|||||||||~19509|19,600|
||CREDITORS: AMOUNTS FALLING DUK AFTER||MORE||THAN||ONE|YEAR||
|||||||||31.12.21|31.12.20|
||Bank loans (see note 10)|||||||53474|67,226|
||Other loans (see note 10)|||||||165,000|165,000|
|||||||||218474|232,226|
|10.|LOANS|||||||||
||An analysis ofthe maturity|ofloans is given below:||||||||
|||||||||31.12.21|31.12.20|
||Amounts
falling due within one year on demand:|||||||||
||Bank loans|||||||14,427|15,000|
||Other loans|||||||2,696|2,696|
|||||||||~17 123|17,696|
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||||31.12.21|31.12.20|
|---|---|---|---|---|
||Amounts
falling between one and two years:||||
||Bank loans -|1-2years|14,427|17,000|
||Other loan||165,000|165,000|
||||179,427|182,000|
||Amounts
falling due between two and five years:||||
||Bank loans -|2-5 years|38,947|50,226|
|11.|SECURED DEBTS||||
||The following|secured debts are included within creditors:|||
||||31.12.21|31.12.20|
||Bank loans||67,801|82,226|
##
|MOVEM|ENT|IN FUNDS|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At.|
|||||At I/I/21|in funds|31/12/21|
|Unrestricted||fuads|||||
|General|fund|||700,724|(552)|700,172|
|TOTAL|FUNDS|||700,724|~552)|~700 172|
|Net movement||in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted||funds|||||
|General|fund|||52,605|(53,157)|(552)|
|TOTAL|FUNDS|||52,605|53,157|~552)|
##
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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1/1/20|in funds|31/12/20|
|Unrestricted|funds|||||
|General fund|||690,679|10,045|700,724|
|TOTAL FUNDS|||690,679|~10045|700,724|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General fund|||65,914|(55,869)|10,045|
|TOTALFUNDS|||~65 914|(55,869)|10,045|
##
|||Kadam|a|Meditation|Meditation|Meditation|Centre|Centre|Sheffield|Sheffield|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Detailed|Statem||nt|fFin||n i|IA|i i '|||
|||for the|Y|rEn|||IDace||er|202|||
||||||||||||31.12.21|31.12.20|
|INCOME AND|ENDOWMENTS||||||||||||
|Donations and legacies|||||||||||||
|Donations|||||||||||876|5,044|
|Other trading activities|||||||||||||
|Shop and cafe|income||||||||||2,770|3,906|
|Accommodation|||||||||||21496|22,063|
|Short stay accommodation|||||||||||~4925|~7267|
||||||||||||29,291|33,236|
|Investment
income|||||||||||||
|Deposit account|interest|||||||||||31|
|Charitable
activities|||||||||||||
|Fees and courses|||||||||||22,436|19,288|
|Grants||||||||||||~8315|
||||||||||||22,436|~27603|
|Total incoming|resources||||||||||52,605|65,914|
|EXPENDITURE|||||||||||||
|Other trading activities|||||||||||||
|Shop and cafe|||||||||||719|1,415|
|Charitable
activities|||||||||||||
|Rates and water|||||||||||3493|2,855|
|Insurance|||||||||||2,415|2,214|
|Utilities|||||||||||12,713|10,577|
|Telephone|||||||||||476|813|
|Office costs|||||||||||2,071|4,934|
|Publicity|||||||||||2,528|1,676|
|Motor snd travel|||||||||||130|287|
|Room hire||||||||||||576|
|Kitchen and household|||||||||||9,815|12,867|
|Education|||||||||||5,954|1,687|
|Offerings||||||||||||1,826|
|Sponsorship|||||||||||8,502|7,400|
|Repairs and renewals|||||||||||2,578|~4450|
||||||||||||50,575|52,162|
|Support costs|||||||||||||
|Finance|||||||||||||
|Bank loan interest|||||||||||1,215|1,644|
##
##
||etailed Statemen
for h Y
End|fFinancial Activities
1D||
|---|---|---|---|
|||31.12.21|31.12.20|
|Finance||||
|Governance|costs|||
|Accountancy|and legal fees|648|648|
|Total resources|expended|53,157|~55 869|
|Net (expenditure)/income||552|10,045|