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





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|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<br>Harrow|||
|||||Middlesex|||
|||||HA2 6BX|||
|Trustees||||Lelung Tulku|||
|||||Tessa Heron|||
|||||Constance Dusek|||
|||||Maureen<br>Pugsley|||
|Honorary|Advisors|||Angela Lewis|||
|||||Maureen<br>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|||





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||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
|||Note|funds<br>F|funds<br>E|2021|2020<br>f|
|Income and endowments|from||||||
|Donations<br>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<br>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<br>between funds|||(33,814)|33,814|0|0|
|Net movement<br>in funds|||40,471|(66,164)|(25,693)|477,773|
|Reconciliation<br>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|





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||||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<br>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<br>funda|||1,688,851|1,755,015|
|Un<br>etdctsd funds|||108,770|88,299|
|Total charNy funds||17|1,795.821|1,821,314|





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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||8|8|
|Cash flows from|operating|activities||||||
|Net cash provided|by operating<br>activities||||19|10,695|566,811|
|Cash flows from|investing|activities||||||
|Dividends,<br>interest and rents from investments||||||40||
|Purchase offixed|assets|||||(379,531)||
|Net cash provided|by/(used|in) investing|activities|||(379,491)||
|Change<br>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|





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|4.|Donations|and grants|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|Total Funds|
||||Funds|Funds<br>f|2021<br>f|2020<br>f|
||Donations|and grants|||||
||Donations<br>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<br>F|Funds<br>f|2021<br>f|2020<br>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<br>f|Funds<br>f|2021|2020<br>F|
||Bank interest||40||40||
||||40||40||
||Year ended 31 December 2020||||||
|7.|Costs ot raising funds||||||
||||Unrestricted|Restricted|Total Funds|Total Funds|
||||Funds<br>f|Funds<br>f|2021<br>f|2020<br>f|
||Shop purchases||1,217||1,217|1,439|
||||1,217|0|1,217|1,439|
||Year ended 31 December 2020||1,439|0|||





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||||||||Advance of|Advance of||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Buddhist|Support|TotalFunds|Total Funds|
||||||||Teachings||Costs<br>f|2021<br>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<br>on behalf||of|the Tibet Foundation|||||2,800|0|2,800|0|
|Lelung<br>monk's sponsorship||||||||2,400|0|2,400|1,200|
|Education<br>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<br>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.<br>Net income||||||||||||
|Net income is||stated alter|||charging:|||||||
|||||||||||2021<br>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<br>f|
|Fees payable||for the examination||||ofthe|financial statements|||1,530|2,760|



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|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<br>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|





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|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<br>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<br>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<br>&|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<br>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<br>&|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<br>funds||23,306|101,583|(58,590)|0|66,299|
|||1,343,541|583,555|(105,782)|0|1,821,314|





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|||||2021|2020|
|---|---|---|---|---|---|
|||||6|6|
|Net income/(expenditure)||as per Statement ofFinancial|Activities|(25,693)|477,773|
|Depreciation<br>charges||||66,755|47,980|
|Dividends,<br>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|



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|||||||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|



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