| Minutes from the ELBCCAnnual General Meeting |
|---|
| held on 4'"December 2021 |
| Observe five rece ts and welcome s ecch |
| Ven. Makure Mangala Thero Observed Pansil with the members who attended the meeting via live webcast. Then he welcomed all the members to the annual general meeting and expressed his gratitude to everyone for working together for the benefit of the community and the organisation. He also acknowledged all the individuals and the members ofthe executive committee who helped to successfully organise cultural and |
| religious programmes throughout the year. |
| Readin and ada tation ofthe minutes from the AGM 2020 Secretary Supun Nuranga circulated the minutes from the previous AGM which was held |
| on 11'" November 2020. |
| Mr Palinda Samarasinghe Proposed that the meeting minutes from the previous AGM |
| were correct and was seconded by Mr Shamila De Silva. |
| Tablin Annual Re ort Secretary Circulated the annual report which covered the period from 11'"November |
| 2020to 4'" December 2021. |
| Makure Mangala Thero suggested the following items should be added to the annual |
| report: ~ Attending the local schools as a religious advisor to assist, as directed, special |
| support for school causing concern or in particular need. ~ Medical aid donations to Sri Lanka that were carried out throughout the year. |
| Mr Upul Ekanayake suggested the following item should be added to the annual report: ~ Ashirwadha Buddha Puja and Pirith chanting held daily throughout the year via |
| live webcast. |
| Secretary agreed to amend the annual report accordingly. |
| Treasurer's Re ort and Annual accounts |
| Treasurer, Mr Senarath Boralugoda, circulated the copies ofannual financial report which has been examined by the independent Auditor Mr Sarath Jayarathne. |
| ~ Mr Palinda Samarasinghe suggested that the donations during the katina ceremony could added under the festival income section and the expenses can be added separately. Treasurer mention as the katina ceremony was held via live webcast and the donations were made to temple account these have been |
| reported under 'Donations Other' and that there were no expenses. ~ Mr Palinda Samarasinghe enquired ifthere is a reduction in standing orders compared to the previous consecutive years. Treasurer mentioned that even though there is a reduction ofthe standing orders in the Bank ofCeylon account, however, as new standing orders been added; there is no noticeable overall |
| reduction over the past two years. |
| for the year ended 31J | uly 20 | 22 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| K | |||||
| Income | 49,103 | 24,764 | |||
| Other income |
|||||
| Total Income | 49,107 | 24,767 | |||
| Expenses | |||||
| Travel expenses | 250 | ||||
| Rent, rates, power and insurance | costs | 8,383 | 6,417 | ||
| Repairs and renewals of property |
and equipment | 6,563 | 10,847 | ||
| Telephone, fax, stationery |
and other office costs | 1,428 | 1,346 | ||
| Interest on bank and other | loans | 1,194 | 3,508 | ||
| Bank, credit card and other | finance charges | 181 | 179 | ||
| Legal and other professional | fees | 536 | |||
| Other expenses | 5,313 | 2,347 | |||
| Total Expenditure | 23,848 | 24,644 | |||
| Income Over Expenses |
25,259 | 123 |
| EAST LONDON BUDDHIST CULT |
URAL CEN | TRE | |||
|---|---|---|---|---|---|
| Balance Sheet | |||||
| as at 31July 2022 | |||||
| Notes | 2022 | 2021f | |||
| Fixed assets | |||||
| Other fixed assets | 318,756 | 293,433 | |||
| Current assets | |||||
| Bank/building society balances |
18,311 | 24,546 | |||
| Current liabilities |
|||||
| Other liabilities and accruals | 4,998 | 5,000 | |||
| Net current assets | 13,313 | 19,546 | |||
| Loans due after more than one year | (4?,687) | (53,856) | |||
| Net assets | 284,382 | 259,123 | |||
| Capital account | |||||
| Balance at start of period | 259,123 | 259,000 | |||
| Net profit | 25,259 | 123 | |||
| 284,382 | 259,123 |
| 2022f | 2021 | ||||
|---|---|---|---|---|---|
| Income | |||||
| Donation -Standing Orders |
14,558 | 14,646 | |||
| Donation-Other | 14,410 | 1,961 | |||
| Donation Box |
1,731 | 2,300 | |||
| Festival Income | 8,085 | ||||
| Other-Receivable | 216 | ||||
| Gift Aid Tax Refund | 10,319 | 5,640 | |||
| Other | 1 | ||||
| 49,103 | 24,764 | ||||
| Other income |
|||||
| Interest receivable | |||||
| Car, van and travel expenses | |||||
| Travel expenses | 250 | ||||
| Rent, rates, power and insurance | costs | ||||
| Water and Council Tax | 1,402 | 2,319 | |||
| Light &Heat | 3,485 | 2,970 | |||
| Fesival expenses | 2,500 | ||||
| Property insurance | 896 | 896 | |||
| Cleaning | 100 | 232 | |||
| 8,383 | 6,417 | ||||
| Repairs and renewals of property | and equipment | ||||
| Repairs and maintenance | 6,563 | 10,847 | |||
| Telephone, fax, stationery |
and other office | costs | |||
| Telephone and fax |
1,022 | 1,192 | |||
| Postage, Stationery and printing | 163 | 82 | |||
| Website cost | 243 | 72 | |||
| 1,428 | 1,346 | ||||
| Interest on bank and other | loans | ||||
| Mortgage Interest |
1,194 | 3,508 | |||
| Bank, credit card and other finance charges | |||||
| Bank charges | 181 | 179 | |||
| Accountancy, legal and other professional |
fees | ||||
| Other legal and professional | 536 | ||||
| Other expenses | |||||
| BOC Scholarships | 1,913 | 2,347 | |||
| Covid donation | 3,400 | ||||
| 5,313 | 2,347 |
| Other fix | ed assets | |||
|---|---|---|---|---|
| 2022 | 2021f | |||
| Premises | - Freehold | Building | 293,433 | 293,433 |
| Property | Improvement | 25,323 | ||
| 318,756 | 293,433 |
| for the year ended 31J | uly 20 | 22 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| K | |||||
| Income | 49,103 | 24,764 | |||
| Other income |
|||||
| Total Income | 49,107 | 24,767 | |||
| Expenses | |||||
| Travel expenses | 250 | ||||
| Rent, rates, power and insurance | costs | 8,383 | 6,417 | ||
| Repairs and renewals of property |
and equipment | 6,563 | 10,847 | ||
| Telephone, fax, stationery |
and other office costs | 1,428 | 1,346 | ||
| Interest on bank and other | loans | 1,194 | 3,508 | ||
| Bank, credit card and other | finance charges | 181 | 179 | ||
| Legal and other professional | fees | 536 | |||
| Other expenses | 5,313 | 2,347 | |||
| Total Expenditure | 23,848 | 24,644 | |||
| Income Over Expenses |
25,259 | 123 |
| EAST LONDON BUDDHIST CULT |
URAL CEN | TRE | |||
|---|---|---|---|---|---|
| Balance Sheet | |||||
| as at 31July 2022 | |||||
| Notes | 2022 | 2021f | |||
| Fixed assets | |||||
| Other fixed assets | 318,756 | 293,433 | |||
| Current assets | |||||
| Bank/building society balances |
18,311 | 24,546 | |||
| Current liabilities |
|||||
| Other liabilities and accruals | 4,998 | 5,000 | |||
| Net current assets | 13,313 | 19,546 | |||
| Loans due after more than one year | (4?,687) | (53,856) | |||
| Net assets | 284,382 | 259,123 | |||
| Capital account | |||||
| Balance at start of period | 259,123 | 259,000 | |||
| Net profit | 25,259 | 123 | |||
| 284,382 | 259,123 |
| 2022f | 2021 | ||||
|---|---|---|---|---|---|
| Income | |||||
| Donation -Standing Orders |
14,558 | 14,646 | |||
| Donation-Other | 14,410 | 1,961 | |||
| Donation Box |
1,731 | 2,300 | |||
| Festival Income | 8,085 | ||||
| Other-Receivable | 216 | ||||
| Gift Aid Tax Refund | 10,319 | 5,640 | |||
| Other | 1 | ||||
| 49,103 | 24,764 | ||||
| Other income |
|||||
| Interest receivable | |||||
| Car, van and travel expenses | |||||
| Travel expenses | 250 | ||||
| Rent, rates, power and insurance | costs | ||||
| Water and Council Tax | 1,402 | 2,319 | |||
| Light &Heat | 3,485 | 2,970 | |||
| Fesival expenses | 2,500 | ||||
| Property insurance | 896 | 896 | |||
| Cleaning | 100 | 232 | |||
| 8,383 | 6,417 | ||||
| Repairs and renewals of property | and equipment | ||||
| Repairs and maintenance | 6,563 | 10,847 | |||
| Telephone, fax, stationery |
and other office | costs | |||
| Telephone and fax |
1,022 | 1,192 | |||
| Postage, Stationery and printing | 163 | 82 | |||
| Website cost | 243 | 72 | |||
| 1,428 | 1,346 | ||||
| Interest on bank and other | loans | ||||
| Mortgage Interest |
1,194 | 3,508 | |||
| Bank, credit card and other finance charges | |||||
| Bank charges | 181 | 179 | |||
| Accountancy, legal and other professional |
fees | ||||
| Other legal and professional | 536 | ||||
| Other expenses | |||||
| BOC Scholarships | 1,913 | 2,347 | |||
| Covid donation | 3,400 | ||||
| 5,313 | 2,347 |
| Other fix | ed assets | |||
|---|---|---|---|---|
| 2022 | 2021f | |||
| Premises | - Freehold | Building | 293,433 | 293,433 |
| Property | Improvement | 25,323 | ||
| 318,756 | 293,433 |