## |Company
Information||| |---|---|---| |, ' I
Report ofthe Trustees||2-4| |Independent
Examiner's|Report Tothe Trustees|| |I||| |Statement ofFinancial Activities||| |j|i'. rt|| |Balance Sheet||| |Trustee Statement||| |Notes to the Financial Statements||| ## |TrusteeslDirectora|TrusteeslDirectora|||Ben Gallagher - appointment|Ben Gallagher - appointment|terminated|terminated|8th December 2020| |---|---|---|---|---|---|---|---|---| |||||Andrew
Collinson - reappointed|||8th December 2020|| |||||Gail Mott - reappointed
8th December 2020
Jennifer Andrews - appointed
3rd December 2020 '||||| |Company Secretary||||Alyson Evans||||| |Registered|Office|||21-22Hanover
Buildings||||| |||||Southampton||||| |||||Hampshire||||| |||||SO14 1JU||||| |Registered|Charity Name|||Kadampa
Meditation
Centre||(KMC) Southampton||| |||||(Limited by Guarantee)|(known throughout|||this| |||||document as KMC Southampton)||||| |Registered|Company|Number||3048918||||| |Registered|Charity Number|||1050611||||| |Independent|examining||accountant|M RCooper BSc(Hons) ACA||||| |||||Welbeck Accountancy||||| |||||29Welbeck Avenue||||| |||||Southampton
.||||| |||||SO171ST||||| |Bankers||||BARCLAYS Business|Bankin|||| |||||P.O.Box6539||||| |||||Leicester||||| |||||LE872BB||||| |||||TRIODOS Bank||||| |||||Deanery Road, Bristol.|BS1|5AS||| |||||Bristol||||| |||||BS15AS||||| ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Prior year| |---|---|---|---|---|---|---| ||||funds|income|funds|funds| |||||funds|2021|2020| |||Note|E||E|| |Income||||||| |Income and endownrents|rroin:|||||| |Donations, legacies and grants
Charilabbr
acbvibes
Other trading acbv8ies
Investments|||48,748
82,089
290
53|2,777|51,525
82,089
290
53|37,704
112,624
4,780
85| |Total Income|||131,179||133,957|155,194| |Expenditure||||||| |Charitable
activibes
Other trading ac8vtbes||587
6|98,708
5,334|2,777|101~5
5+34|126,030
8,217| |Total Resources Expended|||104,042|2,777|106,819|134447| |Net Incomef(expenditure)|||27,138|0|27,138|20,947| |Transfers between funds||||0||| |Het movement
in t'unde|||27,138|0|27,138|20,947| |Reconctlabon offunds||||||| |Total funds brought forward|||516,744|0|516,744|495,797| |Total funds canled forward|||543,882|0|543,882|516,744| ## ## ## ## ||||||Unresbicted|Resbicted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|2020| |||||||E|F|L| |Donations and legacies
Gift Aid recovered
Grants~|||||6,659
2.232
39,857|2,777|9436
2832
39,857|30,282
7,423
0| ||||||48,748|2.777|51,525|37,704| |expenses|funds ofE2.777received
ofthe Resident Teacher|in the year ended 2021 were
at KMC Southampton
(induding||donations
donations|as follows: f10towards
Live Streaming
equipment;
towards a replacement
mobile phone).||R2,767given towards the|| ||||||Unrestricted|Restricted|Total|Total| |3.Income|from Charitable activities||||Funds|Funds|Funds|2020| |||||||E|6|E| |Education|||||64,454||64,454|86,185| |Centre|||||17,160||17,160|17,160| |Bookshop/Ritual|||||392||392|5,646| |Coffee shop|||||83||83|3,633| ||||||82,089|0|82,089|112,624| ||||||Unrestricted|Restricted|Total|Total| |4.Income|from other trading activities||||Funds|Funds|Funds|2020| ||||||||6|K| |Gift shop|||||290||290|4,780| |||||||0|290|4,780| ## ## ## ## |5.Expenditure
on Char1tabte acttvtIes||||| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| |~travel and other event cosh
Advertismg,
marke6ng
and pub8city
Uvestreaming
ITcosh
Merrilation
room costs
Sponaxship
and Guest Teacher costs
Support costs (apportioned)|Funds
2,145
12,947
1,514
1,869
2,729
32,219|Funds
f
10
2,767|Fundsf
2,145
12,947
1,524
1,869
5,496
32+19|2020f
13,016
7,563
0
2,512
6,767
36,818| ||53,424|2,777|56,201|66„676| ||Unrestricted|Restricted|Total|Total| |b)Centre expenrtitrae|Fundsf|Fundsf|Fundsf|2020f| |Property service charges (Residenlial Rats)
Residential Rah expendhure
Support cosh (apportioned)|0
2,240
32,778||0
2+40
32,778|2.428
0
36,933| ||35,017||35,017|39,361| ||Unrestricted|Restricted|Total|Total| |c) Colree shop expenditure|Fundsf|Funds|Fundsf|2020f| |Collise shop purchases
(stock)
Coffee shop expenses
Support cosh (apportioried)|449
589
5,016||449
589
5,016|1,512
2,130
5,550| ||6,053||6,053|9,193| ||Unrestricted|Restricted|Total|Total| |d) Book/Ritual
expenditure|Fundsf|Fundsf'|Fundsf|2020f| |BooldRitual purchases
(stock)
Support cosls (apportioned)|(802)
5,016||(802)
5,016|5.250
5,550| ||4,214||4,214|10,800| ## |e)Support costs|||Charitable
activities|Charitable
activities|Charitable
activities|||Trading
activities|| |---|---|---|---|---|---|---|---|---|---| |Mortgage interest payable
Maintenance,
security and|Total
2020
25,750|25,335
Total|7,601
Education|Centre
10,894||CofFee
sho
2,280|Book/
Ritual
sho
2,280|GIR
sho
2,280|| |health &safety costs
Ubiibes
Property service charges|2,802
15,556|2,119
11,530|953
5,189|847
4,612||106
577|106
577|106
577|| |(Commercial
Buikbng)
Insurance
OIRce and admin stration costs
Stair Costs (induding
sbpend)
~tancy
and Independent
Examination
Legal &Professional Fees
Bank and credit card charges
Motor vehide and travel costs
Charbabie donations
Depreciation|1,050
2,418
5,855
12,157
300
1,327
1,561
651
3,175
17,800|0
2,496
3,220
11,783
300
323
1,461
697
3,025
17,754|0
1.123
1,449
5,302
135
145
658
313
1,361
7,990|0
999
1,288
4,713
120
129
585
279
1,210
7,102||0
125
161
589
15
16
73
35
151
888|0
125
161
589
15
16
73
35
151
888|0
125
161
589
15
16
73
35
151
888|| |Total Costs|90,401|80,044|32,219|32,778||5,016|5,016|5,016|| |Mortgage costs are aRocated on the basis ofthe
estimation
oftime spent by support staff on each|purchase cost ofeach section ofthe property.
area ofactivity.|||All other|support|costs are|apportioned
based on an||| |6.Expenditure
on Other trading activities|||||||||| ||||Unrestricted||Restricted||Total||Total| |Gift s)top expenditure||||Funds||Funds|Funds||2020| |||||||E|6||| |Giftshop purchases||||318|||318||1,834| |Gift shop expenses||||0|||0||832| |Support costs (apportioned)||||5,016|||5,016||5,550| |||||5,334|||5,334||8+17| |7.Details ofcertain types ofexpenditure||||||2021|||2020| |ees forfhe examination
ofthe accounts||||||6|||| |ndependent
examiner's fees||||||300|||300| |||||||300|||300| ## ## |8.Tangible Fixed Assets|8.Tangible Fixed Assets||Leasehold|Furniture|Olfice|Motor|Cafe|Leasehold|Computer|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||Property|&Fittings|Eqpt|Vehicle|Eqpt|Imprvmts|Eqpt|| |Cost or valuation|||E||K|6|||R|| |At01 May 2020|||1,270,000|27,096|4,170|4,495|5,432|275,187|1,387|1,587,765| |Additions||||2,103|0||0|3,677|3,053|8,833| |Disposats||||||||||0| |At30April 2021|||1,270000|29,199|4,170|4,495|5,432|278,863|4,440|1596599| |Depreclabon||||||||||| |At 01 May 2020||||(17,374)|(3,012)|(4,495)|(1,512)|(36,631)|(61)|(63,085)| |Charge foryear||||195|580||1,358|13793|930|16854| |At30April 2021||||17,568|3,591|4,495|2,870|50,423|990|9939| |Net book value||||||||||| |At 01 May 2020|||1,270,000|9,722|1,158||3,919|238,556|1,326|1524681| |At 30April 2021|||1,270,000|11,630|578||2,561|228,440|3,450|1,516,660| |8a.intangible
Fixed Assets||||||||||Total| ||||Website|||||||| |Cost orvatuadon||||||||||6| |At 01 May 2020||||||||||0| |Additions|||4,500|||||||4,500| |Disposals||||||||||0| |At 30April 2021|||4,500|||||||4500| |Depreciation||||||||||| |At 01May 2020||||||||||0| |Charge for year||||||||||900| |At 30April 2021||||||||||900| |Net book value||||||||||| |At 01 May 2020||||||||||| |At 30April 2021|||3,600|||||||3,600| |9.Stocks|||||||2021|||2020| |Stock ofitems for resale|||||||9,403|||9,732| |10.Debtors|||||||2021|||2020| ||||||||8|||E| |Prepayments|||||||2,443|||4,081| |Other debtors|||||||1050|||1,110| ||||||||3493|||5,191| |11.Creditorsi Amounts|falling due within one||year||||2021f|||2020
R| |Trade ceditors|||||||1~133|||1,151| |Acciuals|||||||677|||641| |Prepaid funds for courses|not|yet given|||||4,467|||1,176| |Mortgage capilal repayments||due within one year|||||23,720|||| |Other cedilors|||||||1,050|||1,05D| ||||||||31047|||4.018| ## ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |12.Creditors: Amounts||falling|due alter|more than one year||||2021|2020| |||||||||E|L| |Mortgage||||||||739,784|763,504| |Loans from Kadampa|Medilation||Centres:||||||| |||Madhyamaka||Kadampa|Meditation|Centre Ltd||40,000|40,000| ||||Bodhisattva
Kadampa
Meditation||||Centre|200,000|200,000| ||||Tara|Kadampa|Meditation|Centre Ltd||50,000|50,000| |||||||||1029784|1,053,504| ## ## ## |Details ofmaterial funds|Details ofmaterial funds|held and movements
durin|held and movements
durin|the|PREVIOUS re|PREVIOUS re|rtin|riod||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Fund|||||||Fund| ||||||balances||||||Gains|balances| ||||Purpose 8||blfwd||Income|Ex|nditure|Transfers|SLosses|clfwd| |Fund names|||Restriction|||||||||| |General funds|||||494|772|152,804||132657|1825||516744| ||||donation
towards|the||||||||| |Window Manifestation|||window manifestion||1,000||1,000|||||| ||||donation
towards|the||||||||| ||||commercial
coffee|||||||||| |Cotfee Machine|||machine|||25|980|||1,005||| ||||donation
towards|||||||||| ||||tech required for|live||||||||| |ITE ui ment for Live|Streamin||streami
classes||||820|||820||| ||||donations|||||||||| ||||towards the|||||||||| ||||Resident|||||||||| ||||Teacher's|||||||||| |Resident Teacher Su|oit||e
nses||||1,590||1,590|||| |||Total funds as per balance sheet|||495|797|155,194||13424|||516744| ##