OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Rissho Kosei-Kai Of The UK

2024-12-31-accounts

Trustees’ Annual Report for the period

From 1 January 2024 To 31 December 2024

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 part of a
global Buddhist movement of people
who aspire 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, have taken
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 Through the following activities, we
sought to bring the true spirit of
Buddhism, as taught in 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
and social media.

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 reserves
equivalent to at least one year’s
expenditure, in order to cover
emergency situations.
Amount of reserves held Para 1.22 £95,292
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.
Trustees are selected from among
leading members in good standing 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 1 January 2024 – 15
November 2024

– 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 September 2025 ~~|~~

RISSHO KOSEI-KAI OF THE UK

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 2024

2024 2023
£ £
Turnover 184,493 141,606
Cost of sales (4,856) (4,903)
Gross profit 179,637 136,703
Administrative expenses (135,928) (133,307)
Operating profit 43,709 3,396
Interest receivable and similar income 2,799 1,109
Interest payable and similar expenses (27) -
Profit for the financial year 46,481 4,505

RISSHO KOSEI-KAI OF THE UK

BALANCE SHEET

AS AT 31 DECEMBER 2024

Notes
Current assets
Debtors
Cash at bank
Creditors: amounts falling due within
one year
Net current assets
Capital account
1		 2024
£
2,999
103,412
106,411
(11,119)		 £
95,292
95,292		 2023
£
3,002
66,073
69,075
(20,264)		 £
48,811
48,811

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

RISSHO KOSEI-KAI OF THE UK

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1 Capital account

Capital account
Opening balance
Profit
Closing balance		 2024
£
48,811
46,481
95,292		 2023
£
44,306
4,505
48,811

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 2024 Charity no lif any) 1072329 Set out on pages Pages 1-3 I report to the trustees on my examination of the accounts of the above charity ('the Trusl") for the year ended 3111212024. Responsibilitles and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act.). I report in respect of rny 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 accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the aGGounts to be reached. Please lete the ords i e brackets if they do not apply. Slgned: Date: 202S Name: Stephe mph Relevant professional qualification(s) or body (if any): ICAEW Address: Morgan Rose Chartered Accountants 37 Marlowes, Hemel Hempstead Hertfordshire, HP1 1 LD IER October 2018

Section B Disclosure Only complete if Ihe exarniner needs to highlight rnatters of con￿rn (see CC32, Independent exarnination of charity accounts: directions and guidance for examiners). Give here brief detslls of any Items that the examiner wlshes to disclose. IER October 2018