Section C: Notes to the accounts Trustees’ annual report for the period
Period start date 0 1 0 1 2 0 Period end date 3 1 1 2 2 0
Charity No Charity name Rissho Kosei-kai of the UK (if any)
1 0 7 2 3 2 9
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The advancement of the Buddhist religion in particular but not so as to limit the generality of the foregoing. |
| Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts. |
Para 1.17 and 1.19 |
Rissho Kosei-kai of the UK is a part of global Buddhist move- ment of people who hope to manifest the Buddha’s teachings in our own lives, applying them in our homes, workplaces and local communities – working towards a more peaceful world. We join hands with the followers of all faiths and none, and with people from all walks of life to take part in peace activities at home and around the world. |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 | We the trustees of RKUK took account of the guidance issued by the Charity Commission on public benefit and carefully considered it. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers | Para 1.38 | |
| Other |
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Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | Offering the following activities, we brought the true spirit of Buddhism that permeates the Lotus Sutra into our daily lives and shared them with others, making our society more peaceful place. - Regular services - Reaching out (connecting people with Buddhism and enhancing its connection) - Hoza (a Dharma circle) - Dharma study - Peace activities throuth interreligious cooperation - Publication and distribution of books - Sharing the Dharma on website and SNS - Management a Buddhist centre |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Achievements against objectives set | Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
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Financial Review
| SORP reference |
||
|---|---|---|
| Review of the charity’s fnancial position at the end of the period |
Para 1.21 | In surplus |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | It is our policy to maintain a balance, which equates to at least a year to cover emergency situations. |
| Amount of reserves held | Para 1.22 | £58,576 |
| Reasons for holding zero reserves | Para 1.22 | N/A |
| Details of fund materially in defcit | Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
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Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Deed of settlement dated 14th October 1998 |
| How is the charity constituted? (e.gunincorporated association,CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The method of appointment is under the guidance of Rissho Kosei-kai International, the parent body of RKUK. Trustee is selected amongh leading member[s] of good faith in agreement with the existing trustees. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charityworks |
Para 1.51 | |
| Relationship with any related parties | Para 1.51 | |
| Other |
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Reference and Administrative details
| Charity name | Rissho Kosei-kai of the UK |
|---|---|
| Other name the charity uses | RKUK |
| Registered charity number | 1072329 |
| Charity’s principal address | 29 Ashbourne Road London W5 3ED |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|
| Kyoichiro Hosoya | 28 March 2020 | Rissho Kosei-kai International | |
| Yoko Phillips | |||
| Yukari Mogi | |||
| Marcus Staff | |||
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Reference and Administrative details (cont)
Corporate trustees – names of the directors at the date the report was approved
Director name Kyoichiro Hosoya
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|
|---|---|---|
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Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
None
Other optional information
Rissho Kosei-kai of the UK is the representative body of Rissho Kosei-kai in the UK.
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Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Kyoichiro Hosoya
Position (eg Secretary, Trustee Chair, etc)
Date 4 November 2021
Charity Accounts templates – Trustees’ annual report for the period
October 2016
RISSHO KOSEI-KAI OF THE UK
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
RISSHO KOSEI-KAI OF THE UK
BUSINESS INFORMATION
Proprietor
Mr K Hosoya
Accountants
Morgan Rose Chartered Accountants 37 Marlowes HEMEL HEMPSTEAD UK HP1 1LD
RISSHO KOSEI-KAI OF THE UK
CONTENTS
Page
| Profit and loss account | 1 |
|---|---|
| Balance sheet | 2 |
| Notes to the financial statements | 3 |
RISSHO KOSEI-KAI OF THE UK
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020
| 2020 | |
|---|---|
| £ | |
| Turnover | 80,510 |
| Administrative expenses | (78,175) |
| Operating profit | 2,335 |
| Interest receivable and similar income | 39 |
| Profit for the financial year | 2,374 |
- 1 -
RISSHO KOSEI-KAI OF THE UK
BALANCE SHEET
AS AT 31 DECEMBER 2020
| Notes Current assets Debtors Cash at bank Creditors: amounts falling due within one year Net current assets Capital account 1 |
2020 £ 2,999 58,157 61,156 (2,580) |
£ 58,576 58,576 |
|---|---|---|
In accordance with the engagement letter dated , I approve the financial statements set out on pages 1 to 3. I acknowledge my responsibility for the financial statements and for providing Morgan Rose Chartered Accountants with all information and explanations necessary for their compilation.
4 November 2021 The financial statements were signed o n ......................... . ...................... Mr K Hosoya
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RISSHO KOSEI-KAI OF THE UK
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2020
| 1 Capital account Opening balance Profit Closing balance |
2020 £ 56,202 2,374 58,576 |
|---|---|
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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl rnembers of Rissho Kosei-Kai of the UK On accounts for the yoar ended 31 December 2020 Charity no {if any 1072329 S81 out on pages Pages 1-3 I report to the twslees on my examination of the aGcounts oflhe above charity ('the Trust") for Ihe year ended 31112 12020. Responslbllltles and As the charity Irustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities AGt 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5}{b> of the Act. I have completed my examination. l ¢onfimi that no material matters have come to my attention (other than that disclosed below '} in connection with the examination which gives me &3USe to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examlnee8 Statement I have no Concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts lo be reached. ' Pl88se del words in the brackets if Ihey do not apply. Slgned: Date: io %OLI Name: tep EHUM Relevant professional qualification(31 or body (if anyl: ICAEW Address: Morgan Rose Chartered Accountants 37 Marlowes. Hemel Hempslead Hertfordshire, HP1 1 LD IER October 2018
Section B Disclosure Only Complete if the examiner needs to highlight matters of concem {see CC32, Independent examination of charity aGcounts.' directions and guidan for examiners>. Give here brief details of any ilems that the examiner wishes to disclose. IER October 2018