**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
- 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
- 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:
- 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
- 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.
Page 2
**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.
- provision of Inter Faith meetings.
- community faith.
- support of students at university.
- chaplaincy for students.
- 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
Page 4
**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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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.
Page 9
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|
|---|---|
Page 10
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||
Page 11
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|
Page 12
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
Page 14
**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
Page 15