Rokpa TnLSt Consolidated Financial Statements 31 December 2022 dOdd&co Nllll *ACCWK5Z4 A10 COMPANIES HOUSE Rokpa T￿￿t Cont•nts for th• y•ar •ndlng 31 December 2022 Truslee$' Trport Repcfft of the lThJep8ndenl A￿JIt(￿S Consolidated Statement of Finartial Activities 12 Charfty Statement of Financial Aclivits 13 Group Balance Sheet 14 Company Balance She8t 15 Group Cash Flow Ststemenl 16 Notes lo the finar￿la1 statements 17 Rekpa Trust Report ol the Trus"tees and Dlrectors for th• ye•r ènded 31 December 2022 The 1ruslees.are pleased 10 present Iheir le￿rI l(Wher wlh the financial slalemenls ol the charity.lor the year ended 31 sl December 2022. Relerence and odmlThislr•tlve deialls Charity numbei.. 1059293 IErvJland & Wales> SC038628 (scolla￿lI Company number. 3260031 (Engknd a Wales) Registered ¢)ffi¢e= FIFTEEN Aosehll Monigomery Way Rosehill Esiaie Carfisle CA1 2RW Principal off I￿.. Kagyu Samye Ling Eskdalernuir Langholm Dumlries & G￿lowaY DG13 OQL Dlre¢tors and truslees The dirèthors ol ihe chariiable company {Ihe charity) are ils trustees for ihg purpose ol charty law 8nLI Ihroughoul this rewrt are coleclively referred lo as Ihe Ifuste¢s. The Iruslees sefying during Ihe year and Ihe year grwj were as lollows Attht Lama Yeshe Losal Rinpxhe John Maxwell Ani Lhamo Karma Lhamo Cosgrove Lama Elise Krisline Sfvesl Jacol)5en Tsullim Palbar Lama Company sec￿lary. Sean m￿hael ￿G0¥eM Auditors.. Dodd & Co Audit knmiled FIFTEEN Rosehill Monlg)mery Way Rosehill Eslale Carlis CA1 2RW Bankers: Royal 8ank of Scoits Lockethe DG13 2JH Solicitofs: Brodies 2 &ythswoLMI Square Glasgow G2 4A0 Page 1 Aokpa Trusl Report of the Truslees and Dlreciors lor y￿r endEd 31 De¢en*er 2tr22 ¢ontlnued Structure. GD¥emance •nd M•nagement Th8 financial slatwnenis have been prepared in au￿r￿ar￿e wlh the accouniiro pclicies sel out In notes lo Ihe accounts and comply with the chaTily s governing dctumen1, the Charilies Ad 2011 anLI A¢¢ounting and Reporting by charl1￿$.- Stslemeni ol AecommerKJed Prathice applicable lo charities ryeparir4J Ihthr accounts in accordance wrth the Financial Report*YJ StaThJard aFfJlutAe in the UK arKI Rewblic ol Ireland. riokpa Tru3t is a cornpany limitc(I by guarunt¢¢ arnj by its Memorandym and Artickn of Assoriativn dal811 1st Januafy 1997. 11 is regislered with the Charrty C￿miSs￿*n in England Wale5 and thtr CXfi¢e of the Scottish Charily fie9ulat¢x. In the evtnt ol th¢" eempony being wound up mernber￿ are icquirod lo conlributc an amount not exceeding £10. Inimen The Artide3 of A35wation provide ihai the tru Tibetan Bu&Jhism. lecs are app)int¢d by ￿pithual leadws of Iho Karffla Kagyu ordor ol Newly aFwntad thisie8s are given ti8ining IJcFCrtling on Ihcir Ic¥cl of anJ oll tr￿￿100￿ aro oNer•J ongoirKJ training as arpopriale. nal Slru The or9anisalion is dNided inlo a ol banches. YthKh carry oul work ol the Trust. The main bra￿, Kagyu ￿arnye Ling provides teaching supporf arKI gvKlancc. givcg admirNstraiive aSSi￿r￿nce aThY acL* head oltice fw the organisation. The truslees afe respor6ilJe lof the overall rnana￿ment and ol the charity arvj receive rcports from thc branch*8' Gommrtlee3, whKh i[￿wIC ot leaal one ol theiv numbe¥ on each. Day lo day managomonl of tho cha¥tty dvviThJ 2022 was delegaled to the company se¢rtrtary. Sean TrknGov¢m. Risk M Thc IruslEe3 have a risk mNuwmert atrol¢gy. Thiw crynprrsos ol an oftnual rovity¥ ol tho eharily may lac& and IhG c31abli3hmcnt of 3y51cm￿ und procoduro lo mrtigato tho* rivJ5 Two koy arèas aro hoJlh & £31oty, 3tKI the sellin9 of a iesarves policy arKI ils ieoular review by trustees. There are two subsKlvary tradtng companies as part of the Aokpa Trts* GfOUP. being Rokpa Developments LtLI and KSDL Tradry Ud. Objectives and a¢tivilies Trusi's pr&mary objecis. as stated in ils M￿￿ra￿m ol As$c¢lal*￿ are: 1. To promote Ihe Buddhisl relgw aTrJ loster rvi-seeiarian in1w-￿￿jIQu$ ￿￿0￿Ye and under51andiThJ. 2. To provide rnei*cal care a￿1 Ilvapy. 3. To prowde education. 4. To relieve r*)verty. Rokpa Trust can Ince ils origins in Ihe UK back lo 1963. when ￿ iThTrn9 Abtr￿lS. who had leli fibei ¢am& lo Oxford and a lew yeats Jater $¢llled in Eskdal8mu¥, Scolland. estthishing Ihe lirst Tibetan BuLlJhisl Centre in the Wesl. They narned it ￿arnye Ling altcr the fi191 Buddhist mOn￿lery in Tibei and thic Ihc btginning ol the C8ntie, which has wown over some 50+ ￿arS io becfft a rerthneo instiwiion ITh the study practice ol BuLkJhism. The aim5 of Ihe charity fall into Ihree area5.' spiritual", heaNh and ed1thl1￿- antj the relief ol poverty. The charily seeks lo help Improve educalion anJ r$licv¢ wvcrty. Tho chwily al+A¥ to oxpand fv urnlor vtanding 01 8￿￿($hISffl. Continue Page 2 Aokpa Trust Report ol thè Tlustees Oirwtsrs lor thè year •nded 31 Oecember 2022 contlnued The Trustè85 r￿8￿0 rewrts from all parts of Rokpa Tntst and meet annually ￿th vdvffleers vA)o manage ou IHeienl branehe5. Thi5 8n*es th• Btrard ol Twste•s lo miew each asFect ol the Charl￿￿e aims to assess the number ol beneficiar￿5 that have as5Trsled in eath ol these areas thè ways in byhich they hav? I￿nefit*6 Irom the ol the or9anisalion. AlorKJ vlith Ihe finarKaal information prcn9uidan￿ on wblic bangh't. The ¢haiity is aware of the in¢reasw¥J risk ¢4 banklrKJ and (xeth"I carcl fraLttJ re9￿￿Y advise all users ol online facililies on Ihe be51 slrategtes lo employ. Tl* reputatkjn ol th? ch•ity is very imwrtani arKI so all *lerTpts are made to minirnise risks in this reSFeCt. The Trustees aThY local group5 meel (9gulady lo rgview all rx)IKy &)¢uments. All Insurances are re¥lewEd as the 5ituatyon derna￿ts aWKI Wled as nK*$5¥y. A¢hlov•m#nts #nd perfomi*ne• Kagyu Samye Ung Monastery and mbèian C•nlt• Starting ￿1h the period of lockdwn unl*l Ihe end of 2022. re5ideni voluni#•rs w*r• enga￿d ￿ nece$5ary renovabon and improvem6N woik in varKJLLS buik*'ngs. The main areas have been In Garwakl House anLI Polak and Tashi Deleg Guest Hous¢s. Garwakl House, was wevioy5ty used by ￿TrSangha iesKlents has now be￿ lully renova1￿ Ihrou9houl, b%ith new central heating. renewed exi5tir¥ balh aTrJ sh￿r ￿or¥3 with ereaiion ot nèw oms. and paintiTrJ and ¢Jaeoraiing ol every room in the house. Due to the corl11t￿n ol the ￿tchen Ifor examrAel Ihis reouired exiensrve repair work befor¢ rsde¢watl￿. Meanwhile. the Potala Guest House has also had o eonweiè intemal ovothaul - the old ￿rp$ted Ibor was replace by litted. hart1 wearing and easy lo c*an barnboo flwing anLI all l)eOrooms rederffited. The lour shared bathrooms w¢rg gutted. red•styan•d re-ViS￿led wilh qu￿lty skner and lo1￿. Some vK*k wa5 430 carried out ort ths Tashi Otlt9 Guest House. and we ￿an ty) ressace the roofs on ￿th Tashi Deleo and PotaLI with a COFver roof ￿en tirne alh)ws. Copyer lor this proie¢i was ¥ready purchased when prices rg relalAi•ly knv. Ihou9h it is not yel ¢18ai *th8thei we can use volLmleer or wofessiC￿al lor the job. Continuedl Page 3 Rokp# Tru$1 Report of the Tfu51ee5 and Oliectors for the y••r ended 31 Oecember 2022 contlnued Thi$ work has Irw0fv￿ $om¢ nKessary expernfrture t¥Jl othemse ?yrKlituie has l)een low. Furthermore, ￿th a ew lo long-term 5UStainability a lot of emphasis has been Flaced on builJirnJ ntrv green houses and a large nurnber ol raised gro￿ng beds in the Vegetab￿ gardgn. FLY this we *ere able io ke8p è¥peThJ¢lure lo a mirNmum tsy using almo4St ¢nlir$ly (SJnalgd recyclÉd rnateri815. Alorg wlh ¥izgatyo donat1ry15 01 horse aFKI cow manur¢ Irom local GuppIi0w￿ V40 hav• surxoothKI in kwtsducry a W p)rbon of ¥￿1 sakxl roqimiod to food ro￿l￿ort￿ all year round. Ouiing thi￿ Pa￿1 ygor havv oluo t)oo"n oxlromoly fortunate in that tca¢PKyG ol our linoago havo boon toachityJ gxtensively online. On several O￿as1O￿5 ￿ have re￿Ned several weeks ol tèaching Irorn HH Karrnapa. as ￿11 as many monlh5 01 tearhing from oru[￿ Khen Rin[￿ an(1 many ffK)nth5 of TKrirAur¥ transmisgons Irom Thrangu Pirpoche. Therglore Ihe Buddhisl acti¥ilies have Ilourished ijurirvJ Ihi$ tim?. Alter the Covi¢J 1ockckn%￿ re-OFened the tenwe aThJ groLthThJ in Novembei 2021 aThJ began to we*ome day visiiors back to Samye tir#J, Ilwgh still maintainif¥J strict Cov¥1 p¥otcwLs. We hebj our lirst overrughl ￿)urSe In mid-march 2022. This was an Atrmdeen UnNer5ity MI￿lIvI￿sS course. 11 was Ccxn￿tsI0d safèly swcessfvlly $0 conlinuocl oponiTrg lurthor, ￿￿th Gomo onlino bookingG fw ovornwht guoctc oponing from tho oThY of May. Wo hoctod o big mindfulness course in late May. arh¥ thls was 9raduahy Ic41ow8d by weekend courses, culrninating in large Reluge cereffK1￿eS in AuLwsI 2022, the first in Samye UrtrJ siTTh 2019. K•gyu Somye Dzon9 London Ka9yu Samytr Ozono Tthtan Buddh￿ Centre fi¥st OF*nwl 1998 and olfors a pea¢elul arbJ *S¢omir environrnenl In its Centre in Centr￿ LO￿lon. They fun a prograrnrne of courses arnl *Drk5hops on meditation. B￿ythi$M, and hoh.ti therapie$. In Beimondsey, near heart ol cenlial LoThJon. a￿1 also kyovldes Venues lor ￿rnmUnIty auivities and alternativ practitioners as well as a qualified Tibetan ¢knior v•ho hok15 regukir cllrmcs where patlents receive tieatrnenl tssirKJ traditional Tibotan motho¢:. Thus has beon inioffuplod due to Iho pandomKS bJl lcath1￿+ havo continuod to to olferad 0￿1n•. The Cenlre Is ckJ5ely connected lo Ka9yu Sarnye Monastery in Scg)dart. was established in 1967, aThJ 1$ ei Ihe dlrect gU￿al￿ ol Choje Lama Yeshe Losal Al￿. As part ol the Kagyu Ira￿llIon. one of the four main schools ol Tibeian 8Lthhism. hea¢Yed by His Holiness 171h Gya￿an9 Karmapa Orgyeft Trinley Dorie. Ihe Centre looks lo orfor a constani ￿c￿ramMe of 8LKJJhist wachir¥s. medrtal1￿ ietieats anLI nwdilation insiwctions, as well as pYovidin9 a place of calm lor 8ud(Jhists antj rKYtr8udcth:"sts Jike. Lama GebMJma ZaThJrno is the ￿s￿lent larna and leather at our London branch. There is a lovely fibelan Tea RODM and comlortth sea￿r¥4 to *nSoy a rweni ￿ relaxatK•n. There is aLs0 a shop offering a vdde sel￿t￿)n ol euodhist twks from dl tr311ilws, a￿1 a variety ol relat8d it6ms, such as incense, n*Oitalion cu$h￿s, statL*es and mala& Kagyu Sarnye ￿On9 Edlnburgh Aftèr many yea¥s KSD Eth'ntr￿rgh is ncyw W8114s￿￿hed •i Ihe caprtal tity. In 2016 Ihey bought a in L8ith and have now rnoved ¢here. Th* new Cèntrs. wkh ils beauDiul. (Jomed RI￿ spacious Yega R(￿Th. WKles Ihe ￿￿ed1 spa¢• lor a wartge gf hea￿￿-giVing actNities lo b&￿111 mind. Course a¢iivilies wert interrupt*J thjs to Il* pa￿rn￿ Lmrt leat1¥￿$ have eontirn*d to be oflered tsnllnè. Conlinuedl Pag• 4 Rokpa Trust Report ol Ihe Trustees and Dlr*¢tors for th• ytar ended 31 Da¢ember 2022 contin￿d Kagyu Samye Dzong Glasgow From tht earfy 1980's. a gfOUP ol peop￿ mel in Ihe Glasgow area to sI￿lY a￿1 pradice the Dharma lo wolk towards having thaii r)wn base In Ihe area all unLler the austmces ol Samye Liro Monastery and Tibelan centre near Eskdalwnvir in the 8orders. Thè prJ)pgrty al 7 Ashley Streel Ilwmeily kn(M as Aokpa House) was purch85ed in May 2000. work bEgan io uparade Ihe foom5 lor use. It was linalty Inauguvaied in Marth 2(￿1 by th• FtyJndir¥J PresK1ent ot Rokpa Tmst. and co-lounder of Samye Ling, Or Akong Tu￿V RinwKhe. A serrth.wo1e55ion￿ kitchèn vos insialled ￿7 the basement to FyovKle s￿p lor the homeless and hungry in GLas91W. Ihe Ae¢eMion and is o￿n on *wkdays from 11am to 1￿. *then any vtsitors ace wekomed, and ar¢y plK)ne messages aclloned. 8olh Ihe ￿brary and Shop are atso open on ¥￿ekdayS from 1 lam lo 1Kwn, weekends by wior arrangem¢nL Everythi￿ Ihal happens at Kagw Samy8 DZONJ Giasww 15 due èntirely to Ihe 8ttorts d its vdunteer stalf. Centre activities have been interrupled due to the Covid pa￿leTh￿c but leachings have conlinued tg ￿ offered online. Kagyu Samy• Oiong Scarborough In June 2013. S¢arbrKough Borcwjh Counol voied 10 transler the b¥auW￿. his￿rI¢ bvildirwj Lc¥KlesLMyough LodJe lo Rokpa Trust, as a Communty Asset Transfèr. The f£￿v5 has bèon on r8oenerath)n of Ihis site, rèstoritYJ it to its original spler4Your and cullural svJr4fKanc8. and q)eniry il as a Contre lor tho health wel1t*ir￿ ol th8 commu[￿ty. The maln function ol Ihe Centrè is IQ Pfovid* meditalw al￿ ¢oNpassiOtFbawJ nNrn11vlness dassès and relr6ats t b)tM Buoklhi51S ano non-Buddhists alike. as wdl as hèahh atK1 *tiiteing serV￿eS cc¥mrnuniw ouireach. This has teen interrupied due to Ihe Covid.19 paThJemK teaching5 have ¢ontinuèd io b8 olftrad or*r*. Other K•gyu Samye Dzongs These Centres around th• UK iaryJe in siz• Ircm small gcwps n￿ebn9 in peorde's homes, to the largev centre5 v•lh their own propèrtses. In 2022 Iherè ww• Cerrtres irtthè Scollish H￿h18Th￿. Svrrey. aTrJ Car(*fl. Loihlorlen Lolhlorien 15 a lherapeUt￿ comffwnily lor F4CfJlo %Mlh mental hearth prc*Jlems. silualgd in a quiet ruwal sètting in Soulhwesl Scotland. The ctsmmunity consists of reS￿lent$ *ith memal health protAeffis and voluntsry ¢0-work8fS, livityj in the 13.be¢Jroomed main ￿use and a further li¥e peoF4e lTrvirg in Roan Lodge. th& adjaceni moVe￿n house. rhe staH, kTrJwn as Core GIoup* come in on woek¢Jays. As a therapeutic ccmnmuw. Lolhlorien aims to help reopk Ih&i slrewhs a￿1 work b)wards iecJ)very through the 5har.ed ex￿rIenCe of communtty life. Lothki'rien dilfeis from Ihe vsual aFwroach lo residenti￿ care by airnin9 to minimise Ihe distincti￿ ￿t￿¢¢A stsll. volunteers an¢J residents a￿* lo avoi¢Y the thvision belween those who ar6 lyell, providing ￿ra for those who ara'unw811'. Insièad, il strives ￿ cr&ate a Cultu￿ of m￿ual support, thich lacilitales people In developirvj Iheir slrwylhs atxl al￿% thefft to see tlwnsel¥es a5 havir¥J SOffl•lhMw to otto1 as well a5 having S¢)mething 10 gain from eomnwnty lif8. The vjeekty prcgr?rnrn? is mainty l(*used ort ¢¥gan￿ gardèning a￿1 ouidoN wort. rt also indu(*s r¢laxation groups based on Tara Row ThfaFry. ArtM)rk arn1 [)￿n0. Continue Page S Rokp* Trust Report ol Ihe Trustees and Ollee￿r$ lor the year errfled 31 Decemb81 2022 eon14rw•d H•lplng Hom•less In the UnTri•d Kln9dom A¢*pa Trust ¢ontinuK lo provth lor*J Lyher necessiti•s to tha tsyn*ss in Glasgow and LoThS)n. This VAS inlerrwte(I durirvJ the Covid re9Jnw¢ in early 2021 or#Y has eontinved to the date of Ihi5 reporf. Ploleets C¢dar￿￿k Proio¢t in Souih Alrl¢a The Iruslee5 of Aokpa fiu51 U.K. are svpwrtive of Rokpa Twst South Africa coYab)rattr¥J *ith the Vision Corporation SA CC in forming Public 8enelil (kgani5ath)n IP801 at CedarFeak Nature Reserve near Capw Town. The w'ncipal objective ol this PBO be to toAsèrve and protad the natural •nvironmèrrt. Buddhism has aNvays been closely li￿d to waeiisiry in naiuial. secluded environmenls aThY woiectirg and thnserviThJ Ihe enVIrc￿m￿l. A Labrang lan Institution lor Ihe prornolion of 8Lthhi$rn. rned￿l ￿le. therapy aTrJ e￿L￿tI3n Ihe reliel ol poverty) ha5 now been built on a de5KJnated pfol in the Cedarpeak Reswve a￿$ thL8 ts directy cwcemed Wlh Ibe promotion of 8￿IdhIsrn. The tru51ees of Flokpa Trv51 U.K. are saiislied ihal the woiecl lo buikl Ihe LabraTrJ. whSch Ihey have finishgd. is entirely cortsi5teTht with thwr *clsves in iesFect of the fUr1hera￿ ol B￿ldhiSrn. Kenslnglon Temple pro￿¢1 Acthpa Trusi U.K. is ¢oIL41*)ratiTrJ wth Acthpa Twsi SA in trtjlthrg a &Kthst lemKle cffl Lind owned by RrA(pa T1￿1 South Aliica in Ken5irylon in Johannesburg. Thg project wll tre financed by Rokpa Trust U.K. anLI trtjilt, mainiairwd and administered by Flokpa Trusi South Atiica. The key cèiecllve5 Ot Lwjth twst5 are the sarne In r8spect of the buildiw and Maintaining of siLhgy centTèS, monasteries. nunneries zrKJ temFles, as as beneliling ano alleviating the syffering tyl the poor and unt*rprivileged, the a9ed.. Ihe sd( and the needy by Ihe provtsw of shelter. refuge. facilili85. food, dolhirvJ arnj medici￿$. St is partKXtlarfy noted that there is severe p)vety in the area ol Kens4￿knn In Johannesburg arkd the tern￿e VAII used as a base for feed￿g homele55 people afkj lor the ge￿ra1 felief ol poverty. It is also noted that theie is inadequate local wov&on loi medical care, therapy and education in this area. 11 is agregd Ihal the tern￿ ￿11 te used loi Ihgse Chan￿ble wrpjses in ord81 to lu￿11 IhB oLieclNe5 01 Lx)th trusts. Rokpa Developments Llmltsd Rokpa OevebFJnenls, a tsw￿d subsirf¢ary ol Rokpa Tfust. runs a and cafe. The shop oller5 goods Irom oveiseas as well a5 ilem5 ma(le at Samye Ung. The cafe offers of t￿￿ ar¥J drith and is very popular with viylois. No grft a￿1 ¢knatK)n is due from R(*pa Devd(PM￿ to Rwa Trust this yow. KSDL Trndlng Llmlted KSDL Trading Llmited. ¥¥hich funs th• ealt in London. siart•J tradiro in 2019. KSDL Trathng knmiled is commitled to d￿10 £9.746 flun its ￿0111 lo¥ the year lo Aokpa Trust by way ol oift aKI. Conlinu Pa9e 6 Rokpa AepDrt of Ihtr Tru6*es •nd DIY•dor$ for lh• y••r •n￿￿ 31 D•¢•mb•r CMIlrn Fln•nelal Revlthv t)ue lo Ine Cowld.19 pa￿ffl￿. I￿lmo hos thjppgd 5¥Jbslwrtlalty. Hty*Yvg1. •xpw6•9 havé afso i•ducéd lo A J&sseT exténi. AohF4 Tiusl hBs be6yJ rotying ils re5•ms1g *Nlh•i lh¥ Ctr¥Jd par•J$m Tho Iwsleos lo(tg•d 8 Sign￿tin1 amounl uf Aokp¥ Tru51 ¢Wlal r•%ows on Il* InsJVM6 eash ¥thkh hB5 Ihe tt41n benelil ol olfwing slroyr FSCS Woiectlon ¥￿151 ￿$0 ollwlNJ a h￿J￿r Intor•￿ on Sovinps. R•>•rv•s polley The TfV5t8es r8ser¥e5 p￿tY is to rnaiirfaln ¥ 8L¥n ow￿4￿￿1 lo onè yoo¢s C•Y• rthts as * to enab￿ thartty (o continve opetabng duftng limes ol unfot8s•8n finllndal domarth oi in the tverrt ol a shortlo11 in donalions Al the y•ar end reseives tOlallifyJ £28,108,727 were hekl by Row 7rusL Cl th05tr reservos £1,032.491 are r8SVtciec 8DO f84.ocKI are de$wJnaied. £7.042.t105 aro classfflett AS Yr8• r05wvOs' ¥rtl Iherg101* thé i¢sew F4Ylcy has b88r.. 8xceeu¢(1 Ouring th¥ Pl#n$ fvtuvè wrlods On 9 Fetfuary 2022 Ihe truste85 dwded gra¢￿al￿ to OFW w the ￿ntr?$ kn Pqhl of thè U.K. govornmeffl dÈdsion to relax Cwtil-19 Teslri¢titylS. Samye ting ijpew agaln on 17 Mw¢h 2022 Is rv)w ILdty for day vi8itor$ an¢ ovwnighl gu8sis. The tru5te•s inslrucled the braf¢h ¢antrgs to tYè¢ldè lor Ihemsèmtes *hen arAJ to f•8n t*i¢)g itho a￿Oun1 releva￿ u.K. and kxal govemmern ru*s afvj gimdefines Trustee5' Fesponslbllllles In rn18llon to th• finaft618lAi*•ments Company law rwul￿5 the Iiusl8os. as directrys. to kyepare financial stat•mgrts lor exh IIrW￿l￿ tye a Irue and lair view ol Ihe slate ol lh8 attalrs anu of the suwus OT defKil ol tr* company for Ihal pthod. In t￿)Se fIna￿la1 slat•ments the Irust•es are required to sékn¢t sultabl¥ Atojuntiw p)lu*s thon appty them consi￿envy. make Iwmeftts and esb"ma￿S ihat ale re&sonabt• arwj kwudent and state *thether oppIWe 8ccounfiro ha¥8 bthi 1ollts￿d. SUWI to any fflatwial dep?￿re5 d￿d￿sed and eWain*J in Iho sta1pm￿ts. wepare the linanclal *atements on the t￿￿eM basis ig Inwwiai8 to prestm that compary ￿11 contsnue in ￿￿tiOnal eylslenc&. The trvsl•es are iesPW5ible fLY mainlairfng suitable a>>￿4¥¥j rKtyd5 Vrtmch wllh awaey at any lire the financwl position ol the coThoany aThJ tD 8nat49 Ihern lo ensur8 Ihat the f￿￿$al statemènts corn#y 4%ith Ihe Comparries Ad 20￿. Thty also 1•5r4)nsible IN saf•O￿l￿ry assets ol Ihe eompany arKI foi taking reasonaL4e steps lor pre¥•nlkn arKI Ilèteth'tffi of at¥J olhar iffwlaritiok In aC¢￿￿a￿t rnrrw law. a3 direclNs. wbly Ihal so fai as aware th￿ t& ￿ thvènt authl inlorrnalvn gt Ihe company's auditors aro uriowarn. W8 furlher ctrtity thai w ha¥• laken ob th• slaps we ought to have taken in order w make ovr59f¥es ow8t8 ol any i*4nt inleAmallon and to eyiablish th8t th• aLK4ths are thai inlum01K￿. ALKlltors A resLlulion ￿11 t* propos￿ 8t the Amuql Gonw81 th•t Dothj I Co Audm L11r4t￿ b• ltra￿￿nt￿j a5 ol the i*arfty for IhE •nsutrwJ yow. On beh•M of the board Date: i)rna Ye5he L05* Rlnpothe Paga 7 Indèpendent Audltorfs Report to the Members •nd Trustees of Rokpa Trust lot the year endlng 31 De¢ember 2022 Oplnion WO have audited the finanoal slatements ol Ac4(pa Trust lor ihe year eThJe(r 31 December 2022 Cornpfise tho Consolidated Siatèmènl ol Fina￿la1 Activities. the Charity sla￿ment of Finane*al Aciivblies. the Charity 8alanc• Sheet, the Consolidaled BaLance Sheei, Ihe Consolthted Cash Fbw Staiemenl thè relaied tsjles. sne1￿ling a summary of significant acGountln9 w11￿les. The finanaal reF¥)rtiThJ fraTr¢v40rk Ihat has bègn applled in thetr proparation is applieablo law and Uruted KiNJdom AccwTrtiNJ Standards, indLKling Financial Reporting Standard 102.. The Flnancial Reporting Slandard appltablt Èn the UK aThY Repvblt ol Irela￿1 (Uniled Kingdom Generally Ac£epied Acrounting Pr*itil. In opinion. th8 financw ￿aternent$= - give a true aThd Iwr view of the slate of the group's pargnt chavitable company's allairs as ai 31 0￿&mt￿r 2022 and ol the group's i￿r[* and expendthjre for the year then ¢nded.. . havè been prOp￿Y prepared In accordance th Unit&J Ki￿d0M A£cepted AccounliThJ Prac1￿e. have been pwepared in accordance with the Cowanie5 Act 20(￿, the Chardies Acl 2011. Ihe Charilies Tiusle8 Inve5tmonl IS0)Ila￿lI Ad 2005 and regulat￿n 8 01 the Charities Accounts (Scotla￿1} Regulati￿lS 2006 las amended). Basls for oplnton We conducted otsr audit in a¢cordanc8 wih Inlematmywl Sla￿lards on Auditin9 IUKI IISAs IUKII arKI aPpI￿Able law. (kjr responsikJ'litie5 uTrJer those SiaTrSards aio lurth8F d8scrib8d in the Aurfil¢x's res￿nSI￿11ties for the audit of Ihè fin&r￿la1 statements secbon ol wr re￿rt. Wè artr irbjependent of thè Chartty in accordar￿e ￿1th the ethic equifemgnts that are relèvant io our audit ol Ihe finaneral staièments in the UK. IncludirwJ ihé FRC'S Ethical Standard. arKI the provi5iws available for small entitie5, in the circurnstance5 sel ts￿1 in notè 1 to the financial stalements, and we have fullilled other ethiral resporBibilrties in accoidan¢e with these ¥equirements. We believe thal the aurfil we have c4xalned 15 sum￿lent aklywiate to txtsvide a basi% lor OLtr opinsDn. Conclusions r•latlng to golng ¢oncem In audiling the financial statemenls, have coNJuded that the membets use ol the g￿r￿j corKern basis ol accountlng In the prepa1a￿)n ol the lina￿al Slate￿nts is apwopriate. Based on the work we have pr•formed, ￿ hav* not ￿entifIed any mal8rial ￿r￿rtalitieS relating to the •vents or condition5 th81, inLlvidually or collectsvely. may cast *gnrftsni doubt on th• eharity's atslity to continue as a goiTvJ concern lor a pertsj ol at least We nK•nihs fwcmn oriolnal fina￿al StateM￿ts **re aut￿ris0￿ for Issue. Our iesponsibilib'es aTrY Ihe resFA*)sibihli8s ot truslegs wlh rÈspoct to wing con￿￿ #re dè$ethd in Ihe relevani seciions ol the report. Other Inlorniotion The Irustees are respons￿* fof the other infO￿allOn. The other nformatiw cwyi$8s tne inlormation in the annual report other than Iht fina￿al stslements and our auditorfs rtFrf)rt Ihereon. Our O￿nIOn on the linarrial 518temerns does roi cover Ihe othèr infoimation aThJ. except io oxtsni OiheTh•ise exF4iLxlly stat¥d in our fgport. we do not exwess any lorrn ol assurance Co￿lUSIon thweon. In ¢omeCt￿n with our ￿11 ol the linancial $*tements. cwr reSp)rns￿lIitY 15 lo reatj the thr Inf¢YMat￿n ano, In (bing so, consKlw whe¢hei the olher inlonnath￿ is materolly 11K￿sISte￿I wilh the linan¢ial slat¢rn*nl$ or our knowle¢*e obtaine(l in the audkt OV Othe￿￿ aFpears lo be materially mi55tated. Pag¢ a Independent Auditor's Report lo Ihe Members and Trnshes ol Row Twusi lor the year ending 31 Decefftber 2022 If wè identity su¢h rnat8rial ir￿rGistencIeS aFsHrent rnaigrial missiatgrnenls. we are reqvKgd to determin? whèthei th8Tr Ls a mat•Fial missiarw*nl in the fina￿al slat8menis u a material rnisstatern8nt of the other inlcKmairon. 11. l)ased on IhB work ￿ have performed, we CO￿luCIe Ihai there is a mateirdl misstalemenl ol this olhgr information, ￿ are rgquir8d to report thal lacl. We hav• Io f¢F#yI n thts rega￿. Oplnkn$ on olhw matters prescrlbed by the com￿nI¢S Act 2 In our opinion. based M Ihe *rrk uTh¥ertaY(en In the cour50 of Ihe audit: - the informabon given iri Ih8 Iwsiees. rewrt (Incor￿ra1Ing Ihe siraiegK reFort arnj thè di18clors' rgPOrtI for the financial year for wlxch the fir>3ncial 51at$nws are prepai•J is consisient with the linancid statements.. and the t¥ustees' report lincorpjrabry Ihg 51rat8gic ￿0￿rt and the c&rectors report) have been prepawd in accordance wilh aWicaUe legal requ1￿ments. Mattefs on whEeh wè•r• r•qulrtd 10 rèport by excepllon In th8 Iyht ol ihe knoW arxl urtrJ¢rstanth'TrJ ol the Ch*ity and its environn18￿ oblair*d in Ihe covtse or the auijit, we have Thjt idenlrfied m3terrdl mis5talemenls in the T￿￿lees. Annual Rewi. We have nothing lo reFQrt in iespecl ol the loMov*iNJ mattets r¢lation lo Companies kt 2006 requ¥es us to feport io yw if. in oui OF•nion- - adequate accounting re¢w¢s hav& been kept OT relurrts *uale lor our have Th)t been receNeLS from branch¢5 nol visiled by us-. . Ihg fina￿la1 slate[r￿lS ar& not in agre¢r￿ vath a¢tountirYJ rectyds aJKI f•tums: - certain disclosures ol tnKslees' rery¥Jwa1￿ln 5peoll8d by law a￿ made: or - wè have not obtainod all inf0mu1￿M aThJ 8xplan8tieJns ￿essary for the fMKKJ5es ol oui audrt. Ouf obiectivès are lo obtain reasonablè assurance atout whether the linaroal slatements as a %%knle are Iree trom rnaterial misstatern8nt. vtslher due to fraud or error. and to sssue an au(Jiio¢s ieport that includes Ouf opinion. R8asonat49 as5ui3nc8 ts a h*Jh 18vd ol assurartt. txrt is not a guafanie8 that an audit conducted In accordancè with ISAS IUKI will always dgted a material misstaiement *hen r( exists. Missiatements can arise from fraud Of error aTrJ ale consKJet&J malerial. if w¥JivKSualty ￿ in aggregate. they could reasonabty b& ¢xpe¢igd to influence Ihe econ(¥nic tjeosions ol users taken on the basts of Ihese linancial slatemenls. A further descriplion ol (rtjr r¢sptytsitylitN?s lor ts a￿lit oi the f4nwKAI siatements 1$ IcKated on Finanoal Reporting CourKil'5 %4pb5ii¢ at W1￿.fr¢.tyg.Uk1audi1OrresWrtS1L*1rt￿. Tlis deserptiN lorms part ol our auditors report. Respon$lb11511es oe the irusie•s As explained nK>re fully in lh• Irustee5' resp)nsknlities slalement set oul on page 7. the Irvslees a￿ responsible lor the preparation of Ihe linan¢k41 staternenls and lor being satisfied that Ihey gr¥e a twe and laif view, and I such Internal ccwitrol as they delermine is necessary lo enat4e preparaiw)n ol (Ina￿jaI slatempnts iltal are Iree from rnateri￿ misstalernent, whelhw due io fraud or error. Pw9 In¢lgpendent Auditor's Fltport to the M•mb•rs •nd Truse•es ol RokpA Trnsi for thè y•ar •nding 31 D•eemb•i 2022 In preparing thg finarKial stalgrnent5, the Iwslees ale respL￿trIe for assessing the Charity's akn.lty to eonlinvè as 8 going co￿eM, disclosing. a5 8F(Ai¢alJe, matters relaied to gtyNJ eoneem and vyrvJ the eoncern basis of actounting Un￿$S the Iruslees either 10 liquKlaie Ihe Charity or lo ¢easg oporaligns. or have no real¢sli allernalive bul lo (k) so. Our rèsponslbllllles lor the audlt of the 1SnaneLal statements We iden*'fy aTrY assess the nsks ol material mi55taiemenl of th¥ I￿art￿lI statements. wl*lher due to fraud or errol, and then ijesion anLJ perfom aL#Yit procedures iespN6Ne ￿ tlK)5e ii5ks. indwjirg oblaining autht evidence Ihai is surficiern arK1 appioFwiaie io F¥ovNJe a basis lor out opirmon. In idonlllwng and assessing risks of material misstalemeni in resF*cI of irrwlarilw includir9 fraud 4￿1 ￿n. cornpliar￿e with laws and regU￿1￿)nS, we ￿￿S￿jered the fdkn*ing.' rèsulls ol our pnquiries of man49gmthx thi Ihew own *Jentilication and assessrr*nt ￿ Ihe rL£ks ol irregularities.. any matters w8 *JentiheLJ having obtawwd arKI rev￿￿ the thariy s d(tuN*ntation ol Iheir ￿1￿1*8 and pr(￿dureS rela￿ng to.. JentilyiThJ. evaluaiir@ arrtS Compl￿￿￿ *ilh arrfl re￿￿ti￿$ and whether they afe aware ol ary Instance5 of noTh Acl 2005 and regulaiK*n 8 of Ihe Charities Accounts IScollaTrJl Regulat￿n$ 2006 las ameTrYedl and the Companie5 Act 200& As a restAt of performiro Ihe at￿￿e. in ￿5￿nSe to th? rsks Klenblied. nol i￿AlIty any key aydli matters ielaied to potw)tr41 iisk ol Iraud N noTrconWiaice Iwlh laws aTrJ wlatio￿. In addrtion 10 the abjvè. our to resFwJnd 10 risks vjentrfied the lolkMirKJ: reviewi￿ tIR Iinancial siatemenl disdosuies aThJ testifKJ ￿ SUPf*Y1ing documen￿￿On to assess corrplsance ilh provisions ol relevant laws iegulalions d￿rib9d a$ haviro a direct effKI w the linarrial $lalom¥nis', erNuiriro of managemenl conc81r￿n9 aclual aTrY P)rent4￿ litvJation dairn5'. performirrtj analylical procedures lo kyenlify any unusual or ur*xpÉeièd rdatwships Ihat may Ind￿1• riths of maierial misslalemenl due lo frawl.. reading minutès of meeiiwds ol thost ewed *ith govemance: and in addressing the risk ol fraud through management override of contrds, tasting the aFpropriateness of lournal entries an¢J other adlu51men15: assessing wh*th•r Ihg I￿9+m*nI$ madè In making a¢countlng esiimates are in(Jicative ol a p)lential bias.. and evaluatiry the ratiwle of any s1gni1￿rn transa¢ions ihai ale unusual outside tho normal course of the Charty's Kirk. We also comrnLm￿ted lo￿VanI idenlified lat￿5 and pjtential Iraud risks to all eroagement ieam mernber5 arKI remain￿1 alert to arry i[￿￿¢al￿)lls ol tra￿# Mth laws aNI r¢gJlatitsns 1h￿UghOyl the audil. Pa9e 10 Independenl Audlior's Report to Ihe Members and Trustees ol Rokpa Trust for Ihe yèar ending 31 De¢em￿r %Y22 Us• ol th5s report This reporl ts made solely to the members of Rokpa. Trusl. as a tooy, in accordance with Chapler 3 of Part 16 of Ihe Companiès Acr 2006. ¢￿T aLKlil w(Mk has been undertaken so ihat we might slate to Ihe Charity's membeis th)se matters we are required 10 siale 10 them in an ak¥Jilor's wrt and for other purpose. To Ihe lullest exient permitted by law. we do noi accept or assume responstjility to anyone other than the Charity's mernter5 as a body, lor our audil woth, lor lh￿ rewl. or lor lh¢ okxilons w¢ have lom￿￿. oanne Thomlinson FCA Senior Sialutory Auditor For and on behall ol DcKkJ & Co Authl LThbted FIFTEEN Aosehill Klonlgomery Way Rosehill E51ale Carlisle CA12RW Dale.. ..l[.: o.l.-..LQ..LJ Page 11 ow Tiust Consolldatld si•iefflent ol FInW￿•1 Athl￿5 Iln¢owTaiing Income •nd •zpendiiure aceouffli For the Year Ettd¢d 31 O¢c￿bE1 2022 31.1222 31.1221 Restrkted T•i•l Ae•iitted iknresirf¢lEd T•tsi 176577 561.564 207.414 21.124 624.017 738,141 207.414 21. 624.047 191*2 229.137 142.851 21.227 3QT.372 420.689 142.851 21,244 307.372 Offt•i Iradlry ac1m￿s ItWOstmonis 456 Totsl InEomè 1n.o33 1.414.119 1.591.182 .191.S69 892,156 Expendltur• M.. RJ(%in9 lunds Chafiiatye XbvI*5 5.450 36.292 63.681 .131 1030.687 2.066.gT9 8.965 .672.464 T.614,464 Totil expendltwe 41.742 2.1)94.368 2,1J6.110 1.655.699 1,66B,295 t In¢•m•l (•MyrAiiiiir•) 135.291 69021 158.973 796.139 Transfer5 bth*•n lu 40,¢))D {0,517.9]51 8,517505 G&nwiwJssesl on r•¥a%Jati ol In¥eslmenl rytylrty 194.425 194.425 N•1 m•¥•m¢ni$ In lund5 95.291 64021 8.358.53 7.7S661 601.714 S37.2￿ 27.716.455 28.653.655 9295.732 19.959.637 29.255.369 Fund5 cllrrtd rtyYér 19 1.03Z.491 27A)76.236 28 IC6.727 27.716 455 28,653 655 P•90 )2 AokpD Tw*1 Chaibty Siotemfrni Ol Fbna￿lI1 Actlvllks For Ihe Year Énd 31 December 2 31.1222 31.1121. R¢svkt•d Unrestrl¢ied Totsi Iroffl: Donaikrf5 Oiber If811kn0 176.571 SH.S37 YZI.114 759.423 159.423 21.124 624.047 151.552 229.137 420.689 143.976 143.976 21.227 21,244 307.372 307,272 458 17 6Z4.047 Totsl InEo¥ne 171.033 1.349.131 1.'520.164 191.$69 701.712 893.281 ExPEr￿l￿r* A8L5ing lur#Js Charitat4• Xlsvdi05 5.4 9.015 36292 È.030.497 >.066.789 4.555 ?&c*)o a,g65 1*71.S&7 1*43,5ts7 41,742 I034.C62 l075.W4 32,596 1,647,956 1.680.S NEI Inu¥mE Ileipendllur•l 135,291 604931 549,64 158,973 946244 87.271 Trarthrs bethen lund¥ 140X 40.C(X) 1&517.X151 0,517,505 Galmy￿se$l oft revalvaiknn oItrw65hiipni ptopB 194.425 191.425 Net mo¥ernEnls In lund 95291 644.931 549.640 e.Jy,532 Funds bioughi Imrd 937,2fy) 27fi22.9￿ 28.56D.IfyJ 9.295.732 19057,214 29.152.946 Fwds ¢affI￿ lornard 19 1 032 491 2&977.969 2a.0ID.460 9312 27 622.900 28,960 1 Ro*p• Trust Group Bala￿e S￿1 a¥ •1 31 December 2022 Company nvmber. 326C¢)31 31.1222 31.1221 Flxed assels TarMJiblg 055et5 Inv8strnent property io 19.949.831 19,993.753 680,632 19,949,831 20.674.385 Current 4$$e Oihei asseis sioc*s Deblors Invesirneht5 Cash al ba￿1 hand 12 13 672.632 1￿.799 99.440 850.￿0 138.833 58.545 1,170,319 6.909.026 15 8,428.376 ,276,725 Credltois: •mounts f•lllng wlthln one year 265.145 288.B60 Nei CLYient assets 8,163,231 7,987.865 Totsl assets less currtnt li•blllties 28.113.062 28.662.250 Crediiors: *Jnounts lalllng due oft•1 fflor¢ Ihan one y•ar 17 14,33S1 18,5951 28.108.727 28.653.655 Funds and reser¥e$ Reslricled lunds Unrestr￿le* funJnlractual provisions of the instrument. Financial liaL*ltlies and equity Instru￿nts are classilie(l according to Ihe substancè ol thè coniraciual arrarrfJements entered into. An equity insirumenl is any contract Ihai ev¥JerKes a residu￿ In￿reSt in the assets of ihe Charity aftw IledtTrelirKJ ￿1 of its lith"liies. All l¥wr*ial assets liakn1rf￿ are initially measured ai transaaion price linclLKJing transactiL￿ ¢oslsl. exeept lor thos? f*nanEial assgts clas5rfied as ai lair valu8 Ihrough Pfofii ￿ Ioss, v4hth are initially measuf•¢ at lair value l%*hich Is normally the Iransaclw price exclvdiThJ transaction costs), urte5S the arrangement conslitules a liw￿rn9 iransaclion. 11 an arrar#Jernent constilutes a linW￿lrO transact￿n, the financial asset or linancial liability t5 measu￿0 at th8 wesent value ol the fuiure payments discounted ai a Ma￿et rate ol mleresi lor a similar deLI instrumenl. FInar￿la1 assets and liatrflilies are only offset in ihe statonwnl of finarKial posiiN?n ¥4tten. aThJ only ￿en lhe￿ exisls a lÈgally ènlorcèable rKJht 10 sei OH the reeLwJnised affK)unts aThJ the Chaiity inl•rLls eithor to sèttle on a net basis, or to ieali%e th• assei and settle the liatrAlty simuitsneoJsty. FIna￿traI assets dereccgnised when and only when al Ihe eorrtrnthal rws to the ￿5h Ilows from Ihè fiiaftoal asset expire or are settled. bl thg Charity tran51ers to another party subsianiially all ol the rt5ks rewaid5 of ¢)bynership ol tha asset. or cl the Cttwty. despile having retained some. tKrt nol au. signilicanl risks and iewards ol ownership. has transferred ccrtToI of the assel to anoihei party. Finar¢ial liabilities are t1erecognised onty Wrt￿ Ihe (*kgatttw in Ihe contraci is tlischarg&J. Ca￿ellell oi txpres. Funds The Charity eperaiès restr1￿8￿. vNestricted and ¢Yeg"LwaieO lunds. Restr￿80 luTrJs arè those wth8r& the donor Is sp￿11￿ as to tl* use to wh￿h th8 luTrJ5 are lo be pul. Unresiricted lunds are those bthere the charity is Iret to exporld the funds ￿ a￿Ord3￿ Imlh th* constitution. Deslgnaied iutNts arè thw 5¢1 tor a $po¢ifi¢ PUfF¥)se by the Trustees. we51ments fixed a55•t inv8slments are stated at eost. Current asset investments are irthled at fair value Shry1-te￿ h*3hly IKILHd assets. Page '.8 Rokpo Trusl Notes lo the Iln8nclAI st•tements 31 December 2022 1 Accountlng policks eonlinued Stock Stock5 and work in wc9ress are valLffjd on a first in li￿1 rAJt basi8 al the bwer ol c051 nel realisaue value. Income Income is recc4Jnised when the coTrJitions of probatylity, enIrtlem￿t ￿ measwemenl have been met. The accountiro policies lor specilic Ixues ol incL*ne are sei Qui teJow= A¢¢ommodalion. rent*l Income, course lees and course donailons A¢¢ommodation. rèntal ir￿)Me. course fees and course donalions are iecognised whÈn thè event takès place or Ihe Ser¥￿e is prowdeil. Iro)￿￿ received wh￿h th)es m8ei the condilions lor fecognibon al Ihe yeai end are induded in credilors to be carried lorward lo the ltskni¥J yew. Don•tlons and le9xles The value of income from donatiorts and legacies accfuir¥J lo the charily are recognised as 500A as it is prudenl and praclicable to do go. Such iicome is r￿1 recognL8ed uniil Ihe conditions lor receipt have been mel and there is probabilily ol r¢¢eipt. Furthemore. the charity considers that the lactors ol enlilbment. probab'lily and rneasufement must be met W(Ye taking acc￿￿ ￿ thvJ uwxe. Expendlture Expenditure is accounted foi on the a¢¢ryals ￿s. Wherever possi￿e. expenditure is clas5il*d according lo s usage. Where thB is nol pJs5it4e. ¢osls are allocated aecord'ng to Ihe wmary activity of the branch which has incurred Ihat expencliture. The cosis which carw)ol be ajlccaled directty are shown a5 SUp￿)rt cosls in the Statement DI F￿ancial Aciivilw. Where eX{*￿IllU￿ relate5 lo a SFrfir￿ prqect il is alkJ¢ated io ihat project as restricted eX￿￿ad11UY$. Deferred tax Delerred tax is recognised in respect linMNJ rfrflerence$ thai have *yi9Miated trwt nol reverseL¢ al the baLqnce sheel (Jate. C¢nsolldatlon The ¢onsolidateLS accounls the ac¢ounls ol Ihe eharity and its subsKJiaries. all ol which are prepare(I lo 31 Decemter 2022. The results ol the srtJswJiaries tta￿ been Ir￿￿Je￿ in Ihe consolKlaled S￿emeNt of Financial Aclivitie5 from Ihe date of aLYJuIsit￿n. Irrecover•ble VAT Irrecoverable VAT is charged again51 Ihe ¢aieg0ry ol ￿$0Yr¢¢S expended lor whth it was irKvrred. Support costs SuFPOrt eosls include central fundions arnl have been aifrtaied 10 *Nily CO￿ cale9ories ￿ a basis Lyjnsistent wilh the use ol resources. Page 13 Rokpo Tru$1 Notes to the accounts For the Year Ended 31 De¢¢mb•r 2022 2 Don•tlon$ and lega¢ies 31.12.22 A￿lI￿ed Unieslricled 31.12.21 Total Total Donations Legacies Stupa ashes Grants 172.178 4.399 320.266 237.341 492,444 241.740 329,449 88.333 2.907 3.957 561.564 3,957 738,141 176,577 420,689 3 Other tradln9 a¢tlvllie$ 31.12.22 Restricted Unrèslrl¢ted 31.12.21 Total Toial Fundraising evènts Room hire 8 rental in¢on Sales a café income Miscelkneous wicome 647 I￿),947 49,434 6.386 207,414 647 150.947 49.434 6,386 207.414 2.858 132,110 1.313 6,570 142,851 4 Investments 31.12.22 Reslrl¢ted Unfestrlcted 31.12.21 Total 8ank intefest 456 456 21,124 21.124 21,580 21.580 21.244 21.244 Page 20 Rokp• Trusl Notes to the accounts Fo¥ the Year Ended 31 0e¢ernb¢r 2022 S CPtsaTitable actlvitSes 31.12.22 Restrl¢ted Unrèstricted 31.12.21 Total Total Course lees aThldona1￿ns Spiritual Health & educati 19.844 19.844 1.280 40 Total coiir$8 fg9s anddonations 21, 124 40 Accommodalion 8.relreal Spiritual Health & èducaiion Total accommodalion 75.563 231,769 307,332 212.313 577,349 212,313 577.349 Oiher ir￿orne 25,574 "624,047 25.574 624.047 307,372 Page 21 Rokpa Trusl Notes to the •¢¢ounts For the Year Ended 31 December 2022 6 Expendllure 31.1222 Raising Splrltual Health & funds Edu¢atlon 31.12.21 Totrl Tolal Dlrect costs Purchases Farm & gardèns Siatue cosis Miscellaneous Travel Fundraising & publicity Foo(l & household expenses Expenses ol subskliary Irading activities Workshops & sangha costs Repairs & mainlenan Salarie5. ￿lOwanceS & e￿nSeS Eslablishmenl c051s Course expenses Donalions & spx)nsorsh Training Z749 4.344 4.383 6.093 2.535 3.783 17.467 3,548 113.411 60,116 1,931 133.105 159,502 185.302 51.677 309,417 1,143 3,353 2.765 965.459 6.255 6.255 6,190 18.702 1,749 2,535 1.166 2,OiXI 14.304 2.466 99.840 617 3.163 1,082 13.571 10,916 9.308 8.474 72,832 6,866 60.116 1.931 133.105 25.800 257.740 2.210 962.694 145.075 171,846 251.924 1,880 664,344 22,038 Totaldi￿GI costs 69. 131 I.￿7,252 239.775 7,816, 158 1.390,395 Py22 Rokpa Tw$1 Notes io the accounts For Ihe Year Ended 31 De¢ember 2W22 6 Expendlture {contlnued) 31.12.22 Rai$lng Spiritual Health & funds Educatlon 31.12.21 Total Totsl Support CO81s Omice expenses Insurance Depreciation Finance costs Repairs & mainlena￿e Consumables Sundry SLsbscriptions Moioi & Iravellin9 Leoal & prole55i0nal Accounlancy & audit Athenisin9 & wblicity Roorn hire 35.7S6 61.091 50.027 14,649 38.284 12.513 9,490 1.895 1.475 37.487 48,269 70,5BI 51.922 44.456 72,391 63.327 10,187 50,947 1,656 5.005 1,828 9,189 16,511 22,40J 75,771 606 21,493 4.121 4.941 1,408 21.098 2.618 1,000 20.799 694 3.955 4,941 1.408 19.897 2.618 1,000 Totalsupport cosls 246.166 73,786 319,952 297.900 Total expèndilure 69.131 1.753.418 313,561 2,13S,110 1,688.295 Page 23 Rokpa TNSI Notes to thè aeeount$ For the Year Ended 31 December 2022 7 Net Incomlng resources 31.12.22 31.12.21 N8t incoming resovrces ￿e stated alter chargiThJ: Depreciation ol taroible assets Audbior's remuneraiion lor audii seNces Audiior's remuneralion lor non.audil seryKe5 51.922 12.500 2,850 63.327 12,500 5.237 8 Staff ¢osi$ 31.12.T2 31.12.21' Gross salarw & wag8s Employers national Insurance Pension contribui¢ons 147.494 9.535 3,186 160.215 161.253 7,826 171.846 31.12.22 No 31.12.21 No Stall numbers No employees earned £60.CrtlO Of more durirwj Ihe year. Ex gfalia paY￿￿ntS in Ihe year totallifWJ £1,500 Y•ere made to inifwKluals as olter1r￿ in eychaThJe lor voluniary work prowded to the Aokpa Tr￿51. 9 Fixed asset Snveslments Sharès in subsidiary Lmdertakir¥Js at cosl.. Com 2022 2021 Holding Rokpa Developments Limited KSDL Tra(liNJ Limited Rokpa Developments Lirniled 15 regisiere(1 in S¢olland. KSDL Trading Limitecl is registefed in England & Wale5. Page 24 Rokp• Trust Noles lo the a¢¢ounls For the Year Ended 31 Ottember 2022 10 Tanglble flx¢d assets Land and 8ulldlngS Plant and Machinery Tolal Group Al 1 January 2022 Additions At 31 December 2022 20,475.871 8.000 20.483.871 992.612 21.468.483 8.000 21,476,483 992,612 At 1 January 2022 Charge lor year At 31 December 2022 782.142 37,868 820.010 692,588 14,054 706,642 1.474.730 51,922 1.526,652 B kval e At 31 December 2022 At 31 December 2021 19.663.861 19.693.729 285.970 300.024 19.949.831 19.993.753 Company Land and Bulldings Plant and Machlnery Tol•l Cost Al 1 January 2022 Additions. Al 31 Oecember 2022 20.475.871 8.000 20.483.871 947.869 21,423.740 8.000 21.431.740 947.869 ecialion At 1 January 2022 Charge for year Ai 31 December 2022 782.142 37.868 820.010 649.103 -13,864 662,967 1.431,245 51.732 1.482.977 NelB At.31 t)ecember 2022 At 31 December 2021 19.663.861 19.693.729 284,902 98,7 19,948,764 ,992.495 Page 25 Rokpa Trust Notes to the accounts For the Year Ended 31 Oeceffl￿r 2022 11 Invèstm•nt pr4)perty Grou 31.1222 Com 31.12.22 31.12.21 31.12.21 At l January 20fd Addrtion tjiswsal Transler Revaluation ol In¥esimeni prcwly At 311)ecernt*r 2022 680.632 478.207 680.632 478.207 8.000 18,OLYJI 1672,6321 18,OC4JI 1672.63È1 194.425 680,632 194.425 680,632 Invsstmenl pro￿li1e5 were revalued on 26 Novembei 2021 by finsa Gro￿. an lTrJependent group SP8cialising in propèty valLHlion and the addiknon lo irNe$tment property in the yeai wa5 value(S on 27 May 2022 by Shephèrd Chartered Surveyors. based on their estimate of lair value. The investrn￿l Iwrty Wa5 translerrei its assels hehy lor sale (￿ri[¥j the current year. 12 Ot￿r as58t$ Gfou 31.12.22 Com 31.12.22 31.12.21 31.1121 Fthhcdd land l*ld foi sale 672.632 672 632 672,632 672 632 13 Stocks Grou Com 31.12.22 31.1222 31.12.21 31.1121 Goods lor resale 123.799 123.799 138.833 138,833 9.529 9,529 11.191 14 Debiors Grou 31.12.22 Com 31.12.r2 31.12.21 31.12.21 Arnounis owed by groLP ur*Jertakir￿5 her deblor$ Prep3yrnent5 305.559 77.852 92.920 56,972 78.440 21.000 99,440 $8,545 404411 149.892 15 Inveslment$ Grou 31.12.22 Com 31.12.22 31.12.21 31.12.21 Cash or cash equivalents 1 170,319 1.170,319 850,000 850.000 1,170.319 1,170.319 850,000 Pag• 26 Rokpa Trust Notes to the a¢¢ounts For the Year Ended 31 December 2022 16 Credllors: amounts falllng due w1th5n one year Grou 31.12.22 an 31.12.21 31.1121 31.12.22 Taxat•)n & social 5ecurily Other creditors Delerre(l income 78.169 182.716 33.289 251,311 4.260 288,86Q 74,494 182.716 4,260 261,470 33,289 251,312 4,260 288,B61 265,145 GTOU Com Oelerred income broughl lorward Released lo income duriThJ year Defer￿ in year Oelerred income carried fomard 4,260 (4,2601 4.260 17 Credllors: amounts lalling due after one ye* Grou 31.12.22 Com 31.12.22 an 31.12.21 31.1121 Delefre¢ incorne 4,335 4,335 8,595 8.595 4.335 8,595 8,595 Gro and Com 31.12.22 Deferred incLime broughl fornard Released lo income during year Deleired ineome carried lorward 8.595 4.335 Page 27 Rokpo Tiust Notes to thè accounts For the Year Ended 31 December 2022 16 Group and Relaled Party TransKllons Transaclions eniered inio 4*ith companies *iihwi the group are as lo110￿ . Com an 2021 Aokpa Developments Ltd- a ￿OllY o¥M*d subsrdory (included in Ihe c0nsdidal￿ atxountsl Company nurnber: SC148413 Nei assets Tumover Profiv {Lossl 14.049 27,794 10,872 6.678 Samye LirrfJ Tibetan Cent Eskdalemiwr Langholm DG130QL Rokpa Trust provided Rokpa Developments Lld Tmih a loan ol t29J,OTr). Interest ha5 been charged on loan al 2.5%. KSDL Tradir¥J Ltd- a wholly ¢xned sthidiary lin¢luded in ihe ¢onthidaied accounlsl Company nurnber.. 11565160 Com 2022 2021 DonaiiMs Gift A Net assets lurnover Prolitl (Lossl 9.746 1,5331 1.141 1.535 20.197 11,287 Principal pkce of trwsNiess-. 15 Spa Road Bemiondsey SE163SA The charity provides accommodaiion arKJ the means ol subsi%ience to of ihg ordained community Iihe Sangha). As beneficiaries. Ant Lhamo, Lama Yeshe Los& AInF￿he, Lama Zangmo and Lama Tsullim Palbaf, received boar¢ and Ic#Jgbng5 in Iheif caparjly as oroained Sangha members, trAJl n￿hIng in their role as truslees. No expenses were paid lo Iru51ees duriro Ihe Ye￿ howe4Ter meth£al costs lolalling £19,620 were paid lollovAng Lama Yeshe lallKYJ ill v*h"Isi an Interfailh Conlerence abroad. Abbot Lama Yeshe los￿ RinpcKhe is a Injsttt of ljoth Flokpa s￿th Alrica aThJ Rokpa Trust UK. £eSO,000 was transferred to ftc￿ South Afrta (kJrirwJ the year lor the tyJihJing ol a Labran9 on the Cedafpeak Aeserve. P¥28 Ro*p.o Twst N0te5tothe8¢¢*￿ffi$ For lh¢ Yeai EndEd 31 Decembvr 2022 19 Funds Batanlle it 31.1222 Re¥wrceJ Ht$rwr<•s ol Inv8sth*ffl Group Rwilcted tunds 568.744 12.C641 1S.tyX) 4.6n 061.771 CLW knid 370.7 937,2 177.033 141.7421 1.032.491 un￿bItted lunds 27.$32.4$5 11094*1 28.992238 Pr￿￿•r fvnds G*liiW(kssesl on rev&uallon TThiThsl¢r* ofthed •5srfs 1.1.21 Resources 31.1221 Resirkl•0 Iu The SarDye Prtiit HrAy Isle ProiÈ 4.ts.U69 3.n4.Z34 4$3. Il798) 14.n32711 13.794.2J41 117,195 11,8551 se8.744 ' Chhot lur*5 191.569 {4517.SLSJ 937th) Oe¥on•ied I￿￿5 ger1gity￿ 84.rAx) 19.175.637 7fy)587 I1,655.￿) 8,517.$05 191,425 27..632,455 194'.4 29 653.655 R•w TN¥t 14o*s iolhe •¢t•unts Forth• Y••r Efidgd 31 tsec•mb•T ZO l• Fund4 1.122 31.12.22 olln¥estmBM 568.744 9S.091 P.OE41 É61.771 OihRi reslKiedlw 36B.4 9372 In.L733 141.7421 i•o,cwJ Y.032.49r 27.53B.g)) I￿4.121 P.D34.( 26.893.*9 2P7& 010.é6D prfor￿al bj￿5 GalfiWossEg1 e•l•n¢• •t 31.1Z11 1.121 w5Sèts p•rt¢t•dfvTrd5 The sarn￿￿ Pt¢ie Hvtyw8P 4.n6X J.m. 117 14.rn2711 13,781.2111 117.195 74J74 .744 191.569 937.2th1 OP￿•NOt¢d b2￿u$ iea¢knslLmd 1g.m214 701.nz .517.9J5 194.425 27.538.9C•) 29.152. 053261 .425 28.W,I Hokpo frusl Notes to the 8¢¢ounlS For the Yeap Ended J1 Oecembtr 2022 19 Fuhds leoniinuedl The loifowing lunds aTr coftskaeffjd io be to be used lor SP￿￿¢ ￿l￿)Se5 elh8r la*J do*m ty donots or Ihe ierms ol paitvLqr apFeals u agreom8nts'. The Sam e Pro'e￿ . This +5 the name given lo Ihede¥e4Jprnerrts 91 IhB Samye Tern* ￿ blonaslery ai Eskdèthuir. Fur>Js kn*re iai*ed kr specific srages ol the Iwldin9 *wks is Ithv £OfflF4•10. The Ho I￿8 Pr Funds relaiirwj 10 deveknpment aTrJ operwh)n of ￿ wa￿ arKIGIBrwoffoth on Ihg of *ran 0$ d F4a¢e of ielreal far Budtlhists and pWe4f all faiths. To build o medi¢al tlirit in ihe w>uods ol Ddma Lhakar*J. sia118d ty a r￿deffl thjuor. AL50 10 tyJYd sheliored hous￿91( 11se etrdedy. lo givfr Ihose havo n? èThJ are wed for by Ihe Monastery m￿e￿mI0rtable ac¢ommth1*￿. Thls lund creaied and SF•M y￿bin the yea oll behattol a resi(teftl *tv) tNas havtrq i*fKuhy Iran5fwrKw a th)naikn lh• KSD Lubumbashi C¢nir•. ther A IrleiBd Funds Funds raised for proier15 eslatyished al Kagw Sarn>Y for the furflwance ol Pthjhtsm and oit*i furth wthetÈ lhe Il)nor has p&coa rest￿l0n$ on Ihe cl ts ￿l¥J$ w0vkI￿. Des nAl•d Funds The irusiee5 have des¥Jnaiea fu￿S1or !h8 T*Setan Lamas and othw reh3Kus*athws 10 wr5ue a ieIhJ￿￿S 20 Trnnsle The van5tèr Ir¢yn unre51￿led fund5 10 r￿rIMe0 ol E40.000 represents hJnd$ rd¢ased lo the SOFA Irtyn Ihe balance sF*ei in Ihe year. The lund5 wer8 Driglnaly earmarkèd as a kiars tyjl are now bÈlng dasstf*d as a donat￿*). This donalKJTh w35 rO¢e￿ed in 2018. Tho *ds restriaed fuify sponl on ihe u8aikJn ol a yoga room ai Scalbofough. lunds ￿Te Spe￿ in 2018 aftd wve dossilied as ey4>endiiure, henc* Ihe transfer ol nds lThis y¢*. 21 Nel as$ets byfund Resirfded LWn•ted Unrtstrtcted lunds lunds Tot•1 tunds Group Flx¢d assels C¥Nrenl assets cied￿Or$ du¢ **hin ￿ yoar Cred*ofs Llue 3fter on¢ year 19.949.831 7,311.885 1265,1451 4.335 26,992,236 19.949.831 8.428,376 1265,1451 I.tY32.491 1,032,491 84,WO 28,106,727 Pa92 31 okpa Tnjst NolO5 10 Ihe èeeovnts For the Year Ended 31 DBc•mber 2022 21 Nel 8sse¢s by lund Icontln￿d} Restrlcled lunds Degignal¢d fwid$ Umstrlded lunds Toial lunds Company Fixed assets Inveslrnenl assets Current assets Creditors due wtlln one yeai Ciédiiors ¢Sue aiier yèar 19.948,764 19.948,764 1,032.491 7,211,006 1261,4701 4,335 26.893,￿9 8.327,497 1261.4701 4,335 28'.010.460 lor >wr nel ass*ls by fvnd Group Aeslri¢led fund$ DesSwbaled fundg Tolal fvnd$ funds Fixed asseis Invesimenl w(peny Cuirent assets Credilois due within one yyai redilors due 8ller ￿ yeai 19.993,753 680.632 7,255,525 1288.8601 595 27.632.455 19.993.753 680.632 .276.725 1288.8601 8.595 28,653,655 937.200 937,200 84.rK Deslwi¢d lund$ Vmestrlcled lunds Total funds Cornwy funds Fixed asseis Invesirnenl asseis Cuiieni asseis C￿dItorS ￿thIn one ytar Cfedilors due alter yeai 19.992,499 880.632 71.6,322 1268.8611 8,595 21.091,997 19.992,499 680,632 8.184,425 1268.8611 937.20Q 937.200 28.560,100 Page •2 Ilokpa Trys¢ Notes to Ihe 袢ountS For the Year Ended 31 December 2022 22 Re¢Mcillalion ol net Incomei(txpendllurti io nel ¢•sh Ilow Irom ¢peralbng ￿tI¥ll1e$ 2022 Incomellexpéndlturel for the reportin9 Poriod 188 per ihe sialemenl ol fin•￿[91 actlvltk51 IS44,9￿) 1601,7141 Adjustrnentsfor.. Depr￿18110￿ Divl¢JeTh1s. Inieresi aTrJ renls Ir￿ 11ncrease￿￿ecre8$e in Invesrmenl property Ilnciease)Ide¢iease in in¥8stments IlncieaseyLl8crease in eiher asse I1￿rea$eY￿ecrO8$e in si(tk5 Ilncreaseydecrèast detrlOIS lrtreaswldecreasel in ¢rethiors Net ¢ash pl0￿ded by operating act1¥r￿S Sl.922 121,5801 680,632 320,319 1672.6321 15,L134 140.8951 27,975 1240,103 63,327 121.2441 202,4251 11.170,3191 135.3391 14,869 1,951.7421 23 Chor4Jes In r*1 debt 31 O¢¢tmbei 2022 At 1 Jonuary 2022 Cash Ilows Cjgh and Cash toulTAltnts 6,909.IY28 1226.$231 6,682.505 Total 226.523 6,682.505 24 Finan¢l•l ¢¢Jmmltmeft ID 2021 Rokpa Trusi cOn￿l￿e￿ io pay E1.5 miifx)n Iowa￿ Ihe of a Labrafig on th? C*Jarp8ak A4sBrye. £850,000 was paid during 2W22 i¢r*ards Ihs commiinwni12021- E417,OOJI. In 2021 Rokpa Trusi d50 ¢thnftMrted 10 pay t650.000 Iwrd5 Ihe t￿lIng ol a tel￿le tn Kenyrvdlort, South Afr*A. tnil was paKI 2022 I￿rdS trms CO￿nitMent[202l . £150,fth 2020. t33.(WI. Pa￿33