| Objectives and | Activiti | es | |||||
|---|---|---|---|---|---|---|---|
| SORP reference | |||||||
| Summary ofthe purposes of |
Promotion | ofthe Buddhist | Faith | ||||
| the charity as set out | in its | ||||||
| ovemin document |
|||||||
| Summary ofthe main activities in relation to those |
Para 1.17and 1.19 |
The running classes and |
ofmeditation courses, retreats. Providing |
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| purposes for the public |
accommodation for those |
interested | in | ||||
| benefit, in particular, |
the | the subject | of meditation. | ||||
| activities, projects or | |||||||
| services identified in |
the | ||||||
| accounts. | |||||||
| Statement confirming |
Para 1.18 | The trustees | have had regard to the | ||||
| whether the trustees | have | guidance issued by the Charity | |||||
| had regard to the guidance | Commission | on public benefit | |||||
| issued by the Charity | |||||||
| Commission on public |
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| benefit |
| Achievements and |
Per | formance | ||||||
|---|---|---|---|---|---|---|---|---|
| SORP reference | ||||||||
| Odiyana | KMC | has continued to |
grow | |||||
| during 2021in | the recovery period | |||||||
| following | the Covid-19 | pandemic. | We | |||||
| Summary ofthe main achievements ofthe charity, |
Para 1.20 | have supported generally with |
many local people the skills to keep a |
happy | ||||
| identifying the difference |
the | and peaceful fnind as well as supporting | ||||||
| charity's work has made |
to | Buddhist | practitioners | through | study | |||
| the circumstances ofits |
programmes. | |||||||
| beneficiaries and any wider |
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| benefits to society as a | ||||||||
| whole. | ||||||||
| Additional information |
(optional) | |||||||
| You ma choose to include further statements |
where relevant about: | |||||||
| Achievements against |
Para 1,41 | |||||||
| objectives set | ||||||||
| Performance offundraising activities against objectives |
Para 1.41 | |||||||
| set | ||||||||
| Investment performance |
Para 1.41 | |||||||
| against objectives | ||||||||
| Other |
| Financial Review | ||||||
|---|---|---|---|---|---|---|
| Review of the charity's | Para 1.21 | Income was up slightly from | last year | |||
| financial position at the |
end | but not yet back to where we were | ||||
| ofthe eriod |
before the | andemic . | ||||
| Statement explaining the |
Para 1.22 | To increase our capacity to provide our | ||||
| policy for holding reserves |
services with the possibility | of moving | ||||
| statin wh the are held |
to lar er | remises. | ||||
| Amount ofreserves held |
Para 1.22 | R553736 | ||||
| Reasons for holding zero | Para 1.22 | |||||
| reserves | ||||||
| Details offund materially | in | Para 1.24 | ||||
| deficit | ||||||
| Explanation ofany |
Para 1.23 | |||||
| uncertainties about the |
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| charity continuing as a going |
||||||
| concern | ||||||
| Additional information |
(optional) | |||||
| You ma choose to include |
further statements | where relevant about | ||||
| Courses 8 | classes, rental income | |||||
| The charity's principal sources offunds (including |
Para 1 47 | |||||
| any fundraising) | ||||||
| Investment policy and objectives including any |
Para 1.46 | |||||
| social investment policy |
||||||
| adopted | ||||||
| A description ofthe principal |
Para 1.46 | |||||
| risks facing the charity | ||||||
| Other |
| Description ofcharity's |
|||||||
|---|---|---|---|---|---|---|---|
| trusts: | |||||||
| Type of governing document |
Para 1.25 | Memorandum Association |
and | articles of | |||
| How is the charity | Para 1.25 | Limited Company | |||||
| constituted? | |||||||
| Trustee selection methods | Para 1.25 | Trustees must be | on either ofour 2 | ||||
| including details of any |
senior study | courses of Foundation | |||||
| constitutional provisions |
e.g. | Programme | orTeacher Training | ||||
| election to post or name | of | Programme. | They | are nominated | and | ||
| any person or body entitled | then seconded by |
any members | ofthe | ||||
| to appoint one or more | board oftrustees | and management. | |||||
| trustees | |||||||
| Additional information |
(optional) | ||||||
| You ma choose to include further statements |
where relevant | about: | |||||
| Policies and procedures adopted for the induction |
Para 1.51 | ||||||
| and training oftrustees |
|||||||
| The charity | is a member ofthe New | ||||||
| Kadam pa Tradition | International | ||||||
| The charity's organisational structure and any wider |
Para 1.51 | Kadampa Buddhist |
Union (NKT-IKBU) | ||||
| network with which the |
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| charity works | |||||||
| Relationship with any |
Para 1.51 | ||||||
| related parties |
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| Other |
| Funds held as custodian trustees on behalf ofothers | Funds held as custodian trustees on behalf ofothers |
|---|---|
| Description ofthe assets |
|
| held in this capacity |
|
| Name and objects ofthe | |
| charity on whose behalf | the |
| assets are held and how | this |
| falls within the custodian | |
| charity's objects | |
| Details ofarrangements | for |
| safe custody and | |
| segregation ofsuch assets |
|
| from the charity's own |
|
| assets |
| ames and | addresses ofa | dvisers (Optiona |
|---|---|---|
| Type of | Name | Address |
| adviser |
| Page | ||
|---|---|---|
| Reference and Administrative fletaiis |
I | |
| Report ofthe Directors | ||
| Independent Examiner's |
Report | |
| Income and Expenditure | Account | |
| Balance Sheet | ||
| Notes to the Financial Statements |
6-7 |
| Year Ended | Year Ended | ||||
|---|---|---|---|---|---|
| 31/12/21 | 31/12/20 | ||||
| Notes | |||||
| Incoming resources |
|||||
| Incoming resources |
from generating | funds | |||
| Receipts | 71,473 | 69,357 | |||
| Interest | received | 13 | 105 | ||
| Total incoming resources |
71,486 | 69,462 | |||
| Resources expended | |||||
| 'Salaries | 11,522 | 15,040 | |||
| Printing, Stationery &Advertising |
2,593 | 1,053 | |||
| Books | 540 | 240 | |||
| I'sog shop | (69) | (542) | |||
| Accountancy | 804 | 804 | |||
| Prot'essionai I'ces |
40 | 910 | |||
| Insurance | 1,417 | 1,490 | |||
| 'I'eachers Expenses | 1,758 | 1,355 | |||
| Travel | 580 | 251 | |||
| Sponsorship | 1,667 | 1,262 | |||
| Course Expenses | 1,414 | 1,367 | |||
| OITcrings | 5,295 | 3,716 | |||
| Donations | 4,750 | 4,800 | |||
| Sundry Expenses |
7 | ||||
| IItilities | 8,943 | 9,272 | |||
| Repairs &Maintenance | 8,986 | 8,865 | |||
| Bank Interest &Charges | 418 | 339 | |||
| Depreciation | 2,403 | 3,434 | |||
| Total resources expended | 53.063 | 53.663 | |||
| Net incoming resources for the year |
18,423 | 15,799 | |||
| Total funds brought | forward | 535,313 | 519,514 | ||
| Total funds carried | forward | 553,736 | 535,313 |
| Notes | Notes | Year Ended | Year Ended | 31/12/21 | Year Ended 31/12/20 | Year Ended 31/12/20 | ||
|---|---|---|---|---|---|---|---|---|
| Tangible | Fixed Assets | 394,666 | 396,524 | |||||
| Current | Assets | |||||||
| Debtors | 78 | |||||||
| Bank | 159,349 | 139,112 | ||||||
| Cash in Hand | 360 | 360 | ||||||
| 159.787 | 139,472 | |||||||
| Current | Liabilities | |||||||
| Creditors | 716 | 683 | ||||||
| Net Current Assets |
159,070 | 138,789 | ||||||
| Net Assets | 553,736 | 535413 | ||||||
| Financed | By:- | |||||||
| Retained | Funds | |||||||
| Balance | at 31st December 2020 | 535,313 | 519,514 | |||||
| Surplus for the Year | 18,423 | 15,799 | ||||||
| Total Funds | 553,736 | 535413 | ||||||
| For the financial year in question the company | was entitled | to | exemption | under section 477ofthe | Companies | Act 2006 |