Kalpa Bhadra
uddhist Centre
A company limited by guarantee
Annual Trustees Report and Financial Statements
31" December 2022
Registered charty number 1048944
Registered company numbeJ 03062382 In England and Wales
*AC8ZHCHK*
011W2023
COMPANIES HOUSE
A19
#40

Kalpa Bhadra Buddhist Centre Annual Trustees Report
Index
Page
Report of the Trustees
Independent examiner's report
Slatement of Financid Activities
Balance Sheet
Notes to financial statements
9-11

Kalpa Bhadra Buddhist Centre Annual Trustees Report
The trustees submit their report and unaudited financial statements of the company for the
extended 13 month period ended 31 December 2022. At a board meeting on 12 November 2022,
the trustees voted to chawe the year end date, which has been registered at companies house.
MANAGEMENT AND ADMINISTRATION
DIRECTORsrrRUSTEES
Mrs Partricia Benn
Mr Ivor Stewart
Ms Jennifer Andrews
COMPANY SECRETARY
Mrs Renee Rickard
REGISTERED OFFICE
34 Mostyn Avenue. Llandudno. Conwy. LL30 IYY
REGISTERED NUMBER
03062382
CHARITY NUMBER
1048944
STRUCTURE & GOVERNANCE
GOVERNING DOCUMENT
The organisation is a company limited by guarantee and a registered charity. The company's
governing documenls are.its Memorandum of Association and Articles of Association.
RECRUITMENT AND APPOINTMENT OF NEW TRUSTEES
The Directors of the company are also charity trustees. The Trustees retire by rotation and are
eligible for appointment lor up to three years maximum. Any merrt)er who wishes to siand may do
so.
OBJECTIVES AND ACTIVITIES
The Centre offers classes and courses in meditation and Kadampa Buddhism in Llandudno and
across North Wdes which are open to anyone. It also provides facilities for in-depth study, and
specific Buddhist subjects and practices.
BACKGROUND
The Centre is part of the New Kadampa Tradition and Intemational Kadampa Buddhisi Union, a
no￿Or1¢ of ccnlres throughoul the world that practice Kadampa Buddhisrn foundp.d hy Vp.np.rahle
Geshe Kelsang Gyatso. The Centre is run by volunteers and dedicated io public benefit.
The Centre owns a residenbal property in Ciaig y Don. Llandudno which provides accommodation
for up to 9 residents with common areas and a kitchen. The main sources of income are from
courses, classes and reni paid by residenis. The centre also runs a membership scheme referred
to as 'CentTe Card. which iegular attendees can sign up for for a monthly fee lo cover most
classes and courses. Weekly classes are offered in Llandudno. Bangor, Rhyl and Conwy, together
with 'pop-up' events at various locations including Wrexham, si Asaph and Btews-y-coed. All
classes and events are open to everyone irrespective of age. gender, race, or religion, and teach
how to meditate and put Buddha's ieachings into PTaciice to improve daily life.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
AeHIEVEMENTSAND PERFORMANCE.
Class and course attendance has continued to improve over Ihe last two years since'ihe. end ot..
the covid pandemic. We continue to offer classes and courses in Llandudno, Bangor, Conwy,
Rhyl, Capel Garmon, neaT'St Asaph and iri Wrexham. We. have. held approximalely 200 classes..
and courses iri ihese. locations with an average allendance of 10-11 people at each class or
course.during ihe calendar year 2022..
PLANS FOR 2023 AND 2024
We continue to work to. strengthen. our weekty classes and occasional events .programme
throughoul North Wales. We plan to re-introduce.online classes..again',.Our long-.term goal is to
find a suitable commercid space in, or cloce to Llandudno and aurrounding towna, to enable a
larger meditation room with modern facilities.
FINANCIAL REVIEW
The charity's financial position is good with total unrestricted reserves at the end of the year of
£234,432. These reserves are held to meet Ihe charity's objecu'ves and to assist with the new
building costs.
FINANCIAL OUTCOME
The company had. a surplus for the 13 montkr-period of.£3.912. and positive cash al bank at year
end of £14,768, available lo service the charitable objectsves in the forthcoming period.
DIRECTORS AND THEIR INTEREST.S
Those who served as Directors during the year are listed on Page 3 of this report. The company
is limited by guarantee and as such has no share capiial.
DIRECTORS AND THEIR INTERESTS
Those who served as Directors during the year are listed on Page 3 of this report. The company
is limited by guarantee and as such has no share capital.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
STATEMENT OF TRUSTEES. RESPONSIBILITIES IN RELATION TO FINANCIAL
STATEMENTS
The'charity trustees (viho are also the directors otthe Charity for the purposes of
ccimpany law) are responsible for preparing a trustees, annual report and financial statements in
accordance with applicable law and Unrted Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare
financial statements for each year which give a true and fair view of the state of affairs of the
charitable company and of the incoming reSOur￿S and appliG9tion of resources, including the
incomé and expenditure, of the char.ity for that peri(MJ.
In preparing the financial statements. the trustees a￿ required to=
select suitsble accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent,
state whether applicable UK accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the'financial position of the Charity and to enable them to ensure that the
financial stalements comply- with the Companies Act 2096. They. are.. also respr)nsible for
safeguarding the assets of the charity and the group and hence taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by the board
Signed
Date

Kalpa Bhadra Buddhist Centie Annual Trustees Report
Independent Examiner's Report
to the Trustee5 of Kalpa Bhadra Buddhist Centre
This is a report on the accounts of Kaipa Bhadra.Buddh'ist Centre'for'the .13 month'penod'ènded
31 December 2022, which are Set out on pages 7 to l.l..
Respeclive responsibilities of trustees and examiTher
The charity's trustees a￿ reswnsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required lor this year under section 144 of the Charities Act 2011 (the Chartti'es
Act) and that an independent examinaty.on is ￿eded.
It is my responsibility to=
examine the accounts under section 145 of the Charities Acl.
10 follow the procedijres laid down in the general Diiections given by ihe Charity CommiJaion.(under' t.-
section 145{5){b) of the char￿e5 Act). and .
to State whether parlicular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with relevant general Directions of the Charities
Commission. An examination includes a review of the accounting re￿rdS kept by the charity and
a comparison of the accounts presented with those records. It also indudes consideration of any
unusual items or disdosures in the a¢¢ounts. and seeking explanations from the trustees
concerning any such mattprq. The procediire.s undertaken do not provide all the evidcncc that
would be required in an audit, .and consequently no opinion is given on whether the accounts
present a Irue and fair view..
Independent examiners statement
In the course of my examination. no mattèr has come to my arrention..
which gives me reasonable cause lo believe ihat in any materi& respect the requirements:
to keep accounting records in accordance b•Ath Section 44(1) (a) ot Ihe 2005 Act and
Regulat"on 4 of the 2006 Accounls RegulatJ"ons
io prepare accounts which accord with Ihe accounting records and comply wth Regulation 8 of the
2006 Accounts Regulations
liqve not been met, ol
to which, in my opininn. attention should be dravffl in order to enable a piopcr underaianding ot the
accounts to be reached.
Signed
Date
1710712023
Alistair Jenkins
14 Shiels Drive. Filton. Bristol.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
(A Company Limitc.d by Guarantce not having a Share Capital.)
STATEMENT OF FINANCIAL ACTIVITIES
For the 13 Month￿ ended 31 December, 2022
.UnrEStricted
Fund5
Incom'e'from:
'Voluntary inc¢me
AclNrf(ies lor generatlng lurllts
Charitable activities.
1,067
11,216
Totsl Income
41.171
E¥pendltuie on:
'Chaiitable acli¥ittes
43.032
37.774
T¢)tsl Expend61uwe
Net (Expensel I Incoffle foT the Year
3.914.
10.4S)
RECOPlaLIATION OF FUla)S
Funds loThYard
230.518
Net (Exp¥¢e) I Incryne for the Year
3.914
10,450
FuTrd5 Canied For￿
The accompanying notes on pages 9 - 11 form pan of these fi'nancial statements.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
(Companv Llrnited bv Guarantee rHrt having a Share Capital) .
BALANCE SHEET
As at 31 December, 2022
2022
Unfestricled
. Punds
FIXED ASSETS.
290.000
CURRE1￿ AS5ET5
Cash at Bank
Stock
14.768
600
15.368
31.078
TOTALA5SETS
317,859
. 321,078
CREDITORS- Arnounts du• •ftw one y
Bank Lo
83.427
9).333
NET ASSETS.OF THE CTri4RITY
230.745
FUPIDS OF THE CIIAIU
Unrestricted Imcome Funds
Unrests5cted BuiEL*ng Fvnd
15.368
219.064
31.078
TOTAL CIIARifi FUMDS -
230,745
The accompanwng notes on pages 9- 11 fomi part of these finanaal statements.
For tho perioj ending 31 Decernber. 2022 thè wnpany wa5 entit￿ to exemptth audrt uThl•rsec*on 477 of the Companies
Aet 2006 relating to small o)mpanies. The merntrws have mt requfred t￿ company to Obta￿ arn audit of its a0￿Unts for tme year
in accordance wth section 476 of the CornpanEs Act 20(fi.
The Directors ITwsteesl acknoW￿ge their responsiÈ41ity lor a)mplyiNJ with the requiremènts of Act ￿pect to accountin9
records and for the p￿para￿.On of a¢DJunts. These ac￿nts habE teen w*par•d in ac£cfdaneé with tr¢ provisions applicable to
compan*s $￿jeCt to the small compan*s regme.
Approved by the Lv3ard'.
Name & position .
Signed......

Kalpa Bhadra Buddhist Ccntre Annual Trustees Report .
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
a) Basis of Preparation
The accounts are prepared under the historica cost convention.
The financi￿ stalements have been prepared in accordance with Accounting and
Reponing by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reports-ng Standard for Smaller
Entitses published in July 2014. the Financial Reponing Standard for Smaller Entities
(effective January 2015) and the Companies Acl 2006. Assets and liabilities are initially
recognised at hislorical cosl or transacts'on value unless otherwise stated in the ielevant
accounting policy notes.
b) Fund Accounting
Unresiricted funds are available for use at the discreiK)n of Ihe Trusiees in funherance of
Ihe gener￿ objectives of the charity and which have not been designated for other
purposes.
The assel fund represents Ihe trustees unrestricied interest in the freehold property used
-by the charity.
) Income
Income is included in the Statement Of Financial Activities when the charity is entitled to
Ihe income and the income can be quantified with reasonable accuracy.
Grani income is accounted for on an accruals basis.. and shown in the fi'nancial
siatemenis when the charity earns the unconditional righl to funds.
Various forms of voluntary income are received by way of education, donations and
fundTaising aciivitses. These are included in full in the Stalement of Financiaj Actiiiities
when received.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES (Cont'd)
d) Expenditure
Expenditure is included in the Statemeni of Financial Aciivities on an accrual basis as a
liability is incurred, including irrecoverable VAT.
Charitable expenditure comprises those costs incurred by the charity in the deliyery'of its
activits'es, both costs direclly attributable and indirect support costs.
Governance cosls include those costs associated with meeting constitutional and
siatuiory requirements, principally accounung and AGM expenses.
e) . Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation, where
appropriate. Depreciatson is provided at rates calculated to write off the cost less
estimated residual vdue of each asset over its expected useful life, as follows:
Furniture & Fittings
Propety Improvements
20% on cost straight line
20% on cost straight line
Assets below £250 are not capiialised, but written off within expenses. The Trustees do
not believe any assels are impaired and do not carry out irrpairment reviews.
io

Kalpa Bhadra Buddhist Centre Annual Trustees Report .
NOTES (CONTINUED)
2. FIXED ASSETS
Fixed Assets
Piopety
Impro¥emwts
TOTAL
COST
As al 1112Q021
Additlons
As at 31112r2022
2W.000
290,000
14.551
14.551
.14.551
290.000
OEPREaATION
As al 111J2021
OEPRECIATION
As * 3111W2022
2.0
2.060
NET PA)OK VALUE
As at 11.12Q021
290.000
As at 3111¥2￿2
3. CREDITORS - loan
The amounts falling due after more ihan one year include a commercial bank loan secured on.the
freehold property. Interest on this loan is included in the profit and loss account.
They also include personal loans from members and individuals which are inierest free and
unsecured.
4. RESERVES
The unrcJtricted aJJet reserve represents the charity's interest in the mortgaged freehold propety
5. SHARE CAPITAL
The Company is limited by guaranlee having no share capital.
li

Kalpa Bhadra Buddhist Centre Annual Trustees Report
STATEMENT OF Income and Expenditure
For Ihe ￿riod erxled 31 Decemiw. 20
2022
202t
Unrestricted
IncoTlle:
9.447
Fundraising adi¥Ries
10.514
19,940
14.917
21210
Accornmodation
SFW i Other
20.160
733
28,509
Totsl Income.
41.171
48,449
Ewditure:
EdLECation
olleri￿ & DoTral
Ath*8rti5if
Deweciaiion
Travel
Shop stock
. t>)me5tic l Mah*enarKe
LftTrfrtie5
SvrKhy I pelty cash
Staff related ￿PenseS
Bar& charye5 1 interesl
l739
6.376
1065
2.060
1.910
11.670
1,9B7
252
2..S16
6.$27
3.816
9.220
2.891
8.5%
43.007
37,749
250
Total Expenditrj
Pknt Fxpensel I Incorne lor the Y
3.914
10.450