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2021-12-31-accounts

			Pages
Trustees' annual report			1to5
Independent examiner's		report	6-7
Statement offinancial	activities
Balance sheet
Cash flow
Notes to the financial statements			11to 17

Reference and admin	Reference and admin	Reference and admin	istrative	details
Charity registration			number	1079844
Governing		document		Trust Deed and Supplemental		Trust Deed
Principal	address			Peace House
and registered offic				Parkside Way
				North Harrow
				Middlesex
				HA2 6BX
Trustees				Lelung Tulku
				Tessa Heron
				Constance Dusek
				Maureen Pugsley
Honorary	Advisors			Angela Lewis
				Maureen Elliott
Independent		Examiner		Trevor James FCA DChA FOIE
				Dormer Cottage
				West Broyle
				Chichester
				West Sussex
				PO19 3PR
Bankers				NatWest Bank
				118Field End Road
				Eastcote
				Pinner
				Middlesex
				HA5 1RP
				HSBC Bank
				177Field End Road
				Eastcote
				Middlesex
				HA5 1QS
				Barclays Bank
				Leicester
				Leicestera hire
				LE87 2BB
Email address				lelungdtgmail.	corn
Webslte				www. Ielung. org

			Unrestricted	Restricted	Total Funds	Total Funds
		Note	funds F	funds E	2021	2020 f
Income and endowments	from
Donations and grants		4	134,081	64,559	198,640	578,111
Trading activities		5	37,459	0	37,459	5,438
Other income —bank interest		6	40	0	40	6
Total Income			171,580	64,559	236,139	583,555
Expenditure
Raising funds		7	1,217	0	1,217	1,439
Expenditure on charitable	activities	8	96,078	164,537	260,615	104,343
Total expenditure			97,295	164,537	261,832	105,782
Net incomel(expenditure)			74,285	(99,978)	(25,693)	477,773
Transfers between funds			(33,814)	33,814	0	0
Net movement in funds			40,471	(66,164)	(25,693)	477,773
Reconciliation offunds
Total funds brought fonuard			66,299	1,755,015	1,821,314	1,343,541
Total funds carried forward			106,770	1,688,851	1,795,621	1,821,314

			2021	2020
			8	8
Fixed assets
Tangible assets		13	1,588,181	1475,405
Current assets
Socks		14	2,964	2,537
Oebkns		14	0	0
Cash at bank and In	hand		22S,958	594,'752
			22S,940	597,289
Credgoan amounts	raging due wllhln one year	18	21,S00	51.380
Net current assets			207.440	545,909
Total aeeNa lees oumet gshNNes			1,795,621	1,821,314
Cmdgom: amounts	faNng dus aasr more thrm one year		0	0
Net aesrde			1,795,821	1,821,314
Funds ofthe shartty
Restrhhd funda			1,688,851	1,755,015
Un etdctsd funds			108,770	88,299
Total charNy funds		17	1,795.821	1,821,314

						2021	2020
						8	8
Cash flows from	operating	activities
Net cash provided	by operating activities				19	10,695	566,811
Cash flows from	investing	activities
Dividends, interest and rents from investments						40
Purchase offixed	assets					(379,531)
Net cash provided	by/(used	in) investing	activities			(379,491)
Change in cash and cash		equivalents	in the	year		(368,796)	566,817
Cash and cash equivalents		at the beginning		ofthe year		594,752	27,935
Cash and cash equivalents		at the end	ofthe	year		225,956	594,752

4.	Donations	and grants
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds f	2021 f	2020 f
	Donations	and grants
	Donations and gift sid receivable		76,870	64,559	141,429	551,111
	Legacy		39,925	0	39,925	0
	LBH grants	(Covid lockdown)	17,286	0	17,286	27,000
			134,081	64,559	ig8 640	578,111
	Year ended	31 December 2020	96,139	481,972
5.	Trading activities
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds F	Funds f	2021 f	2020 f
	Shop sales		37,459	0	37,459	5,438
	Year ended	31 December 2020	5,438
6.	Other Income
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds f	Funds f	2021	2020 F
	Bank interest		40		40
			40		40
	Year ended 31 December 2020
7.	Costs ot raising funds
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds f	Funds f	2021 f	2020 f
	Shop purchases		1,217		1,217	1,439
			1,217	0	1,217	1,439
	Year ended 31 December 2020		1,439	0

							Advance of	Advance of
								Buddhist	Support	TotalFunds	Total Funds
							Teachings		Costs f	2021 f	2020
Living expenses								14,400	0	14,400	14,400
Donations								1,227	0	1,227	2,000
Tsaing Passang								9,520	0	9,520	0
Teacher appreciation			donations					12,000	0	12,000	0
Donation on behalf		of	the Tibet Foundation					2,800	0	2,800	0
Lelung monk's sponsorship								2,400	0	2,400	1,200
Education sponsorship								5,139	0	5,139	1,500
Covid sponsorship								98,373	0	98,373	0
GPBP sponsorship								4,002	0	4,002	2,800
Tibetan cultural event			and Loser singer					560	0	560	0
Peace House								0	5,768	5,768	0
Subscription								0	492	492	642
Electricity								0	2,834	2,834	2,329
Rent and rates								0	13,436	13,436	16,229
Repairs								0	1,742	1,742	1,312
Telephone								0	1,097	1,097	1,113
Travel								0	6,332	6,332	648
Mini bus								0	1,707	1,707	0
Miscellaneous								0	8,501	8,501	9,431
Independent examination								0	1,530	1,530	2,760
Depreciation								0	66,755	66,755	47,979
								150,421	110,194	260,615	104,343
Year ended	31		December		2020			14,400	89,943
9. Net income
Net income is		stated alter			charging:
										2021 f	2020
Depreciation	of		tangible	fixed assets						66,755	47,979
Professional	fees —Independent					examiner's		remuneration		1,530	2,760
10. Independent		examiner's			remuneration
										2021	2020 f
Fees payable		for the examination				ofthe	financial statements			1,530	2,760

Tangible fixed assets
	Freehold	Motor	Total
	properties	vehicles
	8	E
Cost
At 1 January 2021	1,343,831	3,600	1,347,431
Additions	379,531	0	379,531
At 31December 2021	1,723,362	3,600	1,726,962
Depreciation
At 1 January 2021	70,788	1,238	72,026
Charge for the year	66,164	591	66,755
At 31 December 2021	136,952	1,829	138,781
Carrying amount
At 31 December 2021	1,586,410	1,771	1,568,181
At 31 December 2020	1,273,043	2,362	1,275,405

14. Stocks
				2021	2020
				6
Stock ofgoods	for re-sale			2,984	2,537
Stocks ofstationary	and packaging		materials are not valued.
15. Debtors
				2021	2020
					E
Gift Aid tax refundable				0	0
Other debtors				0	0
				0	0
16. Creditors: amounts		falling	due within one year
				2021	2020
				R
Accruals				1,500	1,380
Loan				20,000	50,000
				21,500	51,380

17. Analysis o	fnet assets	between funds
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2021
				E	E	E
Tangible fixed assets				1,771	1,586,410	1,588,181
Current assets				126,499	102,441	228,940
Creditors less than 1 year				(21.500)	(0)	(21,500)
Net assets				106,770	1,688,851	1,795,621
Prior Year				Unrestricted	Restricted	Total Funds
				Funds	Funds	2020
Tangible fixed assets				2,362	1,273,043	1,275,405
Current assets				63,937	481,972	545,909
Net assets				66,299	1,755,015	1,821,314
18.Movement	In funds
		At	Incoming	Outgoing		At
		1 January	resources &	resources &	31 December
		2021	gains	losses	Transfers	2021
			E	E	E	E
Restricted	funds
Peace House, Dharma
Centre fund		1,273,043	0	(47,192)	0	1,225,851
Shop premises fund		481,972	0	(18,972)	0	463,000
Covid sponsorship		0	64,559	(98,373)	33,814	0
		1,755,015	64,559	(164,537)	33,814	1,688,851
Unrestricted funds		66,299	171,580	(97,295)	(33,814)	106,770
		1,821,314	236,139	(261,832)	0	1,795,621
Prior year
		At	Incoming	Outgoing		At
		1 January	resources &	resources 8		31 December
		2020	gains	losses	Transfers	2020
		E	E	E	E	E
Restricted funds
Peace House, Dharma			0
Centre fund		1,320,235	0	(47,192)	0	1,273,043
Shop premises fund		0	481,972	0	0	481,972
		1,320,235	481,972	(47,192)	0	1,755,015
Unrestricted funds		23,306	101,583	(58,590)	0	66,299
		1,343,541	583,555	(105,782)	0	1,821,314

				2021	2020
				6	6
Net income/(expenditure)		as per Statement ofFinancial	Activities	(25,693)	477,773
Depreciation charges				66,755	47,980
Dividends, interest and		rent from investments		40	6
(Increase)/decrease	in	stocks		(447)	(2,237)
Increase/(decrease)	in	creditors		(29,880)	43,301
				10,695	566,811

						At 31
		At 1 January		Other		December
		2021	Cash flows	Changes		2021
		6	6	8		6
Cash	in hand	594,752	(368,796)		0	225,956
Total	cash and cash equivalents	594,752	(368,796)		0	225,956