##
|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|