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|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|||
|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||||||||
|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|||||||||
|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|||||||
|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||||||||
|charity works||||||||
|Relationship
with any||Para 1.51||||||
|related
parties||||||||
|Other||||||||
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|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|||
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|||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|
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|||||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|
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