## **Trustees’ Annual Report for the period** **From 1 January 2021 To 31 December 2021** **Charity name: Rissho Kosei-kai of the UK** ## **Charity registration number: 1072329** ## **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
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Rissho Kosei-kai of the UK is a part of**
**global Buddhist movement 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 confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|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 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **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
beneficiaries and any wider
benefits 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 a more peaceful**
**place.**
**- Regular services**
**- Reaching out (connecting people with**
**Buddhism and enhancing its connection)**
**- Hoza (a Dharma circle)**
**- Dharma study**
**- Peace activities through interreligious**
**cooperation**
**- Publication and distribution of books**
**- Sharing the Dharma on the website**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |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||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**In surplus**| |Statement explaining the
policy for holding reserves
statingwhy they areheld|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|**£74,694 **| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**N/A**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |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||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Deed of settlement dated 14th October**
**1998**| |How is the charity
constituted?
(e.g unincorporated
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 among 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: |||| |---|---|---| |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
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **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** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**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|||Rissho Kosei-kai
International| ||Yoko Phillips|||| ||Yukari Mogi|||| ||Marcus Staff|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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** ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **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.** ## **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, Chair, etc)**[Trustee ] **Date** 10 February 2023 ## **RISSHO KOSEI-KAI OF THE UK** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **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**| |---|---| |Accountants' report|| |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 2021**_ |**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
**Operating profit**
Interest receivable and similar income
**Profit for the financial year**|**2021**
**£**
109,829
(820)
109,009
(92,896)
16,113
5
16,118|**2020**
**£**
80,510
-
80,510
(78,175)
2,335
39
2,374| |---|---|---| - 1 - ## **RISSHO KOSEI-KAI OF THE UK** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2021**_ |**Notes**
**Current assets**
Debtors
Cash at bank
**Creditors: amounts falling due within**
**one year**
**Net current assets**
**Capital account**
**1**|**2021**
**£**
2,999
74,751
77,750
(3,056)|**£**
74,694
74,694|**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. The financial statements were signed on .......................... ...................... Mr K Hosoya - 2 - ## **RISSHO KOSEI-KAI OF THE UK** ## **NOTES TO THE ACCOUNTS** ## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **1 Capital account** |**Capital account**||| |---|---|---| |Opening balance
Profit
Closing balance|**2021**
**£**
58,576
16,118
74,694|**2020**
**£**
56,202
2,374| |||58,576| - 3 - CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to tho trusteesl members of Rissho Kosei-Kai of the UK On accounts for the year ended 31 December 2021 Charlty no lif any) 1072329 Set out on pages Pages 1-3 I report to the trustees on my examination of the accounts of the al)ove charity {'the Trust") for the year ended 31112 12021. Rèspon8lblllt5es and As the charity trustees of the Trust. you are responsible for the preparation basis of report of the a￿OuntS in accordance with the requirements of the Charities Act 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 carrying 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. I confirm that no material matters have come to my attention (other than that disclosed below ") in connection with the examination which gives me cause to believe that in, any material respect". accounting records were not kept in accordance with section 130 of the Act or the a¢¢ounts do not accord with the accounting records Independent examinerfs statement I have no concems and have come across no other matters in connection wilh the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be rea¢h8d. Please delete the words in the brackets if they do not apply. Date: Signed: 31 Name: Helen Burrowes Relevant professional qualificatlonls) or body (if any): ACCA Address: Morgan Rose Chartered Accountants 37 Marlowes, Hemel Hempstead Hertlordshire, HP1 1LD IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidan￿ for examiners). Give here brlef detalls of any itoms that tho èxamlner wishes to discloso. October 2018 IER