2022-12-31-accounts - Kadampa Meditation Centre Birmingham

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	Page
Reference and administrative details ofthe charity, its trustees and advisors
Trustees' report	2-3
Independent Examiners Report
Statement offinancial activities
Balance sheet
Notes tothe financial statements	7-11

		Statement	offlnandal	acthddes forthe year ended	31December 2022
			(Incorporating	Income and expenditure	account)
Income
Donations and grants				3,653		3,653	35,615
Charitable activities				49526		49,526	67,780
Other trading activities				1,494		1994	1+27
Total Income				54,673		54,673	104,822
Expenditure on:
Raising funds				1,383		1,383	2,923
Charitable activities				140,934	55	140,989	96,677
Total expenditure				142,317	55	142,372
Iset Income / (expenditure)				(87,644)	(55)	(87,699)	5+22
Balance brought forward et1January	2021	10		304,418	1,473	305,891	305,891
Babsnce carded forward at31Decembse 2021		10		216,774	1,418	218,192	311,113
The notes form part ofthese finandal	statements


	Ka	ampa	Medit	ation	Centre Birmingham			Registered number 02828912
		(acompany		limited by guarantee)				Charity number 1025003
					Salance sheet asat31December	2022
							2022	2021
Fixed assets
Tangible fixed assets							704,595	275,494
Current assets
Stocks							3,676	2,176
Debtors							2,224	18,200
Cash at bank	and in	hand					38,786	44,586
Total current	assets						44,686	64,962
Creditors: amounts		falling due within one year					(14,626)	(2,570)
Net current	assets						30,060	62,392
Total assets	less current liabilities						734,655	337,886
Creditors: amounts		falling due after more than			one year		(516,463)	(31,995)
Net assets							218,192	305,891
Represented	by
Funds
Unrestricted	general	fund			10		216,774	304,418
Restricted fund					10		1,418	1,473
							218,192	305,891
The company was entitled to			exemption	from audit under s477ofthe Companies		Act 2006 relating		to small companies
No members	have required the company			to obtain an audit ofits accounts forthe		year	in question	in accordance with
section 476ofthe Companies			Act 2006

4.Expenditure		2022	2021
Expenditure on raising funds
Fundraising		96	2,702
Publicity		1,287	221
		1,383	2,923
Expenditure on charitable	activities
Utilities and household		15,091	9,750
Rent and service charges		23,844	20,864
Insurance		831	1,076
Loss in disposal ofassets		1,278
Education and courses		497	125
Gompa		1,667	1,464
Sponsorships		19,188	22,637
Repairs and renewals		29,344	7,780
Branches		3,588
Shop and cafe cost ofsales		1,833	2,418
Administration		5,761	3,971
Motor and travel		1,911	3,877
Telephone		4,004	1,445
Wages and salary costs		536	424
Centre move costs			11,587
Accountancy		1,020	300
Bank charges		1,172	1,527
Professional fees		7,557
Loan interest		10,001	1,529
Property depreciation		8,475	2,895
Fixtures and fittings depreciation		2,946	608
Offic equipment depreciation			619
Vehicle depreciation			1,781
Bad debts
		140,989	96,677

	Freehold	Fixtures and	Offke	Vehkles	Total
	property	Fittings	Equipment
Cost
Balance brought forward at 1January 2022	289,500	10,689	4,191	7,125	311,505
Additions	702,782	9,961			712,743
Disposals	(289,500			(7,125)	296,625)
Balance carried forward at31December 2022	702,782	20,650	4,191		727,623
Depredation
Balance brought forward at 1January 2022	17,611	8,863	4,191	5,346	36,011
Charge for the year	8,476	2,946		443	11,865
Released on disposal	(19,059)			5,789)	(24,848)
Balance carried forward at31December 2022	7,028	11,809	4,191		23,028
Net book value at31December 2022	695,754	8,841			704,595
Net book value at31December 2021	271,889	1,826		1,779	275,494
6. Stocks					2021
Goods held for resale		6,676			2,176
7. Debtors					2021
Other debtors		2+24			18,200
		2,224			16,200
8.Creditors: amounts falling due within one year					2021
Bank loans		10,262			1,113
Hire purchase					178
Other creditors		4,364			1,279
		14,626			2.670

9. Creditors: amounts
Bank loan	386,463	31,995
Other loan	130,000
	516,463	32,809