REGISTERED CHARITY NUMBER: 1082096
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE THAI-BRITISH BUDDHIST TEMPLE
MPS Accountancy Ltd Unit S The Wallows Industrial Estate Fens Pool Avenue Brierley Hill DY5 1QA
THE THAI-BRITISH BUDDHIST TEMPLE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Notes to the Financial Statements | 9 | to | 13 |
| Detailed Statement of Financial Activities | 14 | to | 15 |
THE THAI-BRITISH BUDDHIST TEMPLE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The Trustees present their report, together with the Financial Statements of the Charity for the period ended 31 March 2025. This report represents a trustees' report in accordance with the Charities Act.
The financial statements have been prepared in accordance with the Accounting Policies set out in note 1, and the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015).
Page 1
THE THAI-BRITISH BUDDHIST TEMPLE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
OBJECTIVES AND ACTIVITIES Objectives and aims
The principal objectives of the Charity are:
a) Advancement of Education
To advance education for the public benefit-primarily, though not exclusively-by:
-
Preserving sacred Buddhist and Thai art and heritage
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Providing Thai and English language lessons that incorporate Buddhist teachings for the community.
b) Advancement of Buddhism in the UK
To promote Buddhism for public benefit by:
-
Offering a place of worship
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Accommodating, supporting, and maintaining Buddhist monks.
-
Establishing a centre for the dissemination of Buddhist teachings at the Temple
c) Promotion of Buddhist Faith in the Community
To advance the Buddhist faith locally and nationally through:
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Prayer meetings and lectures
-
Public celebration of religious festivals
-
Free distribution of Buddhist literature
This is done in the spirit of "come and see for yourself", with further instruction available on a purely voluntary basis.
d) Promotion of Interfaith Harmony and Community Cohesion
To foster better understanding between different faiths and cultures by:
-
Supporting interfaith dialogue
-
Aiding community cohesion
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Supporting ethnic minority groups.
e) Meditation Classes
Held twice weekly, these classes are led by a meditation master and offer: - Instruction in Buddhist meditation
- A peaceful environment for practice
f) Educational Visits
- The Temple regularly hosts: - Visits from local schools and colleges
Activities of the Trust for public benefit
The Thai-British Buddhist Trust undertakes a wide range of activities that serve the public and promote Buddhist values, education, and community engagement:
We continue to contribute to the maintenance and development of the Temple in Plymouth.
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THE THAI-BRITISH BUDDHIST TEMPLE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
As a Thai Buddhist monastery in the UK we fully support monks from Thailand to carry out monks duties to support the community locally, nationally and internationally.
In educational areas both for the Thai community and English society, monks have been taking care for two crossing cultures, the West and the East.
The charity also visits lots of children in local schools in and around Staffordshire. Over 500 children have visited the Temple throughout the year.
We also provide buddhist classes free of charge throughout the year.
During the year we also have contributed to the development of the new Temple in Plymouth.
Other activities undertaken during the year included:
-
provision of meditation and mindfulness classes for both males and females.
-
provision of classes on Buddhist studies.
-
provision of a retreat.
-
holding of festivals and Buddhist celebrations.
-
school visits.
-
provision of classes for special needs for both children and adults.
-
training monks from other monasteries.
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provision of Inter Faith meetings.
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community faith.
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support of students at university.
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chaplaincy for students.
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support all of the Thai community nationally.
-
help those who need support including referring to specialists where required.
During the year we also had a drive on fundraising to help us redeem the property mortgage. This was successful and also led to additional donation income that we could use to help other Temples' in the UK.
FINANCIAL REVIEW
Principal funding sources
The Thai-British Buddhist Trust is entirely dependent on public donations . Contribution boxes are placed within the Temple. While donations are entirely voluntary , the Trust is pleased to report that both Thai and British communities contribute generously , reflecting their support and appreciation for the Temple's spiritual, educational, and cultural acti vities
Page 3
THE THAI-BRITISH BUDDHIST TEMPLE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Governance Structure
There are 5 Trustees, details of whom are set out in this report.
Responsibilities:
General management of the Charity
Trustees volunteer their time and do not receive remuneration, except for reimbursement of small material costs related to essential maintenance.
Operational Support:
Trustee Meetings : Held regularly to oversee operations. Lay Supporters:
Assist with maintaining the grounds and buildings.
Also volunteer their time without remuneration.
Risk management
The Trustees of The Thai-British Buddhist Trust have conducted a comprehensive assessment of the risks facing the Charity. A risk matrix has been developed to identify:
Major risks by area of activity Nature and likelihood of each risk
Mitigation measures in place
This matrix is reviewed regularly during Trust meetings to ensure ongoing relevance and effectiveness. The Trustees confirm that adequate measures have been taken to manage identified risks. These include: Insurance coverage to protect against unforeseen events.
Emergency funding provisions
Safeguarding protocols, including appropriate checks for individuals working with children
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1082096
Principal address
Eastfields House Alrewas Road Kings Bromley Burton-on-Trent DE13 7HR
Trustees
Mr M Puntar Mr R Ellis Mr B Kota Mr P L Panyasiri Ms S Tuck
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THE THAI-BRITISH BUDDHIST TEMPLE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
MPS Accountancy Ltd Unit S The Wallows Industrial Estate Fens Pool Avenue Brierley Hill DY5 1QA
Approved by order of the board of trustees on 20 January 2026 and signed on its behalf by:
Mr P L Panyasiri - Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE THAI-BRITISH BUDDHIST TEMPLE
Independent examiner's report to the trustees of THE THAI-BRITISH BUDDHIST TEMPLE
I report to the charity trustees on my examination of the accounts of THE THAI-BRITISH BUDDHIST TEMPLE (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Matthew Scrivens FCCA
MPS Accountancy Ltd Unit S The Wallows Industrial Estate Fens Pool Avenue Brierley Hill DY5 1QA
20 January 2026
Page 6
THE THAI-BRITISH BUDDHIST TEMPLE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds 2 Charitable activities Projects Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31.3.25 Unrestricted fund £ 151,879 105,403 5,750 111,153 40,726 1,339,788 1,380,514 |
31.3.24 Total funds £ 101,774 |
|---|---|---|
| 84,107 15,587 |
||
| 99,694 | ||
| 2,080 1,337,708 |
||
| 1,339,788 |
The notes form part of these financial statements
Page 7
THE THAI-BRITISH BUDDHIST TEMPLE
BALANCE SHEET
31 MARCH 2025
| Notes FIXED ASSETS Tangible assets 5 CURRENT ASSETS Debtors 6 Cash at bank CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 8 Unrestricted funds TOTAL FUNDS |
31.3.25 Unrestricted fund £ 1,223,724 6,213 160,128 166,341 (9,551) 156,790 1,380,514 1,380,514 1,380,514 1,380,514 |
31.3.24 Total funds £ 1,227,993 - 124,525 124,525 (12,730) 111,795 1,339,788 1,339,788 1,339,788 1,339,788 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 January 2026 and were signed on its behalf by:
Mr P L Panyasiri - Trustee
The notes form part of these financial statements
Page 8
THE THAI-BRITISH BUDDHIST TEMPLE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 25% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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continued...
THE THAI-BRITISH BUDDHIST TEMPLE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
2. RAISING FUNDS
Raising donations and legacies
| Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Repairs and renewals Support costs |
31.3.25 £ 1,240 6,676 31,371 3,520 59 7,221 23,084 1,211 74,382 |
31.3.24 £ 3,576 5,338 8,470 2,416 217 3,038 40,626 - |
|---|---|---|
| 63,681 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds Charitable activities Projects Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricte fund £ 101,774 84,107 15,587 99,694 2,080 1,337,708 1,339,788 |
|---|---|
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continued...
THE THAI-BRITISH BUDDHIST TEMPLE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
5. TANGIBLE FIXED ASSETS
| 5. TANGIBLE FIXED ASSETS |
|||
|---|---|---|---|
| Fixtures Freehold and Motor property fittings vehicles £ £ £ COST At 1 April 2024 and 31 March 2025 1,208,323 88,116 44,100 DEPRECIATION At 1 April 2024 - 75,144 39,964 Charge for year - 2,594 1,034 At 31 March 2025 - 77,738 40,998 NET BOOK VALUE At 31 March 2025 1,208,323 10,378 3,102 At 31 March 2024 1,208,323 12,972 4,136 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments and accrued income 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 8. MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 1,339,788 TOTAL FUNDS 1,339,788 |
Computer equipment £ 8,108 5,546 641 6,187 1,921 2,562 31.3.25 £ 5,000 1,213 6,213 31.3.25 £ 9,551 Net movement in funds £ 40,726 40,726 |
Totals £ 1,348,647 |
|
| 120,654 4,269 |
|||
| 124,923 | |||
| 1,223,724 | |||
| 1,227,993 | |||
| 31.3.24 £ - - - 31.3.24 £ 12,730 At 31.3.25 £ 1,380,514 |
31.3.24 £ - - - 31.3.24 £ 12,730 |
||
| 1,380,514 |
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continued...
THE THAI-BRITISH BUDDHIST TEMPLE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds |
Incoming resources £ 151,879 151,879 |
Resources Movement expended in funds £ £ (111,153) 40,726 (111,153) 40,726 |
|---|---|---|
| At 1.4.23 £ Unrestricted funds General fund 1,337,708 TOTAL FUNDS 1,337,708 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 101,774 TOTAL FUNDS 101,774 |
Net movement in funds £ 2,080 2,080 Resources expended £ (99,694) (99,694) |
At 31.3.24 £ 1,339,788 1,339,788 Movement in funds £ 2,080 2,080 |
|
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 1,337,708 1,337,708 |
Net movement in funds £ 42,806 42,806 |
At 31.3.25 £ 1,380,514 |
|---|---|---|---|
| 1,380,514 |
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continued...
THE THAI-BRITISH BUDDHIST TEMPLE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 253,653 253,653 |
Resources Movement expended in funds £ £ (210,847) 42,806 (210,847) 42,806 |
|---|---|---|
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 13
THE THAI-BRITISH BUDDHIST TEMPLE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| FOR THE YEAR ENDED | 31 MARCH 2025 | |
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 82,091 | 101,774 |
| Gift aid | 69,788 | - |
| 151,879 | 101,774 | |
| Total incoming resources | 151,879 | 101,774 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Rates and water | 1,240 | 3,576 |
| Insurance | 6,676 | 5,338 |
| Light and heat | 31,371 | 8,470 |
| Telephone | 3,520 | 2,416 |
| Postage and stationery | 59 | 217 |
| Sundries | 7,221 | 3,038 |
| Repairs and renewals | 23,084 | 40,626 |
| 73,171 | 63,681 | |
| Other trading activities | ||
| Wages | 2,176 | 2,000 |
| Travel | 24,306 | 13,834 |
| Fixtures and fittings | 2,594 | 2,410 |
| Motor vehicles | 1,034 | 2,045 |
| Computer equipment | 641 | 137 |
| 30,751 | 20,426 | |
| Charitable activities | ||
| Food | 2,977 | 8,914 |
| Donations made | 155 | 5,500 |
| Computer costs | 2,377 | - |
| Monks expenses | 241 | - |
| 5,750 | 14,414 | |
| Support costs | ||
| Management | ||
| Advertising | 270 | - |
| Finance | ||
| Bank charges | 311 | 453 |
This page does not form part of the statutory financial statements
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THE THAI-BRITISH BUDDHIST TEMPLE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 31.3.25 | 31.3.24 | |
|---|---|---|
| £ | £ | |
| Finance | ||
| Governance costs | ||
| Accountancy and legal fees | 900 | 720 |
| Total resources expended | 111,153 | 99,694 |
| Net income | 40,726 | 2,080 |
This page does not form part of the statutory financial statements
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