## **Trustees’ Annual Report for the period** **From 1 January 2023 To 31 December 2023** ## **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
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|**£48,811**| |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 (ifany)**| |---|---|---|---|---| ||Kyoichiro Hosoya|29 Ashbourne Road
London
W5 3ED||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 N/A** ## Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**N/A**||| |||| |||| |||| |||| |||| ## **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 ~~ee~~ **Position (eg Secretary,** Trustee **Chair, etc)** ~~ee~~ **Date** 17 October 2024 ~~|~~ ## **RISSHO KOSEI-KAI OF THE UK** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **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 2023**_ ||**2023**|**2022**| |---|---|---| ||**£**|**£**| |**Turnover**|141,606|98,428| |Cost of sales|(4,903)|(6,074)| |**Gross profit**|136,703|92,354| |Administrative expenses|(133,307)|(122,865)| |**Operating profit/(loss)**|3,396|(30,511)| |Interest receivable and similar income|1,109|129| |Interest payable and similar expenses|-|(6)| |**Profit/(loss) for the financial year**|4,505|(30,388)| - 1 - ## **RISSHO KOSEI-KAI OF THE UK** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2023**_ |**2023**
**Notes**
**£**
**Current assets**
Debtors
3,002
Cash at bank
66,073
69,075
**Creditors: amounts falling due within**
**one year**
(20,264)
**Net current assets**
**Capital account**
**1**|**2022**
**£**
**£**
2,999
61,525
64,524
(20,218)
48,811
48,811|**£**
44,306| |---|---|---| |||44,306| 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 2023**_ ## **1 Capital account** |Opening balance
Profit/(loss)
Closing balance|**2023**
**2022**
**£**
**£**
44,306
74,694
4,505
(30,388)
48,811
44,306| |---|---| - 3 - CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Rissho Kosei-Kai of the UK On accounts for the year ended 31 December 2023 Charity no {if any) 1072329 Set out on pages Pages 1-3 I report to the trustees on my examination of the aGrount5 of tle above charity ( the Trust") for the year ended 31112 12023. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requiremeits of the Ci.arities Act 2911 ('the Act"). I report in respect of my examination of the Trust's accounts ca'"ried out under section 145 of the 2011 Act and in carrying out my examlnation, I have followed the applicable Directions given by the Charity CL)mmission under section 145(5>(b) of the Act. I havo completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') in cop.iection with the examination vihich gives me cause to believe tlat in, any m.aterial respect: accounting records were not kept in accordaiice with se.ction 130 of the Act or the accounts do not accord with the accounting records Independent examiner's ststement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in ordpr to eiiable proper understandi g of the accounts to be reached. Please del te t wo,"ds the brackets if,'hey do not apply. Signed: Date: IOZLtr , Name: steph umphreys Relovant professional qualification(s) or body (if any): ICAEW Address.. Morgan Rose Chartered AccoLintants 37 Vsarlowes, Pie.mel Hempstead Hertfordshire, HP1 1 LD IER Oc":,ober 2018 Section B Disclosure Onl5, Goimplete f tle ex8niner riepds to highlight r.iatters of conci>l"- Independent examination cf charity accounts: dirert ons and gu:d¢4 .c.e far examiners) CC32. Give here 4rief dptsils of any items that th.e examiner wishes to disclose. IER Oc*ober 2018