----- Start of picture text -----
t=
----- End of picture text -----
BUDDHIST COMMUNITY CENTRE LETCHWORTH
Report of the Trustees
30 June 2025
The Independent Examiner's Report to the Trustees of
| report on the accounts for the year ended 30th June 2024 set out on pages 05 to 09.
Respective responsibilities of the trustees and the examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43(2) of the charities Act 1993 (the 1993 Act)) and that an independent examination is required.
-
It is my responsibility to:
-
examine the accounts under Section 43 of the 1993 Act.
-
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act) and
-
- to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. | also include consideration of any unusual items or disclosure in the accounts and seeking explanations from you as_ trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
1) whish gives me reasonable cause to believe that, in any material respect the requirement - to keep accounting records in accordance with Section 41 of the 1993 Act, and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act. Have not been met or
-
2) to which, in my opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Nadeeka Kodituwakku (ACA SL, CIPFA UK) 35 Langlands Road, Bedfordshire, MK410GE
1
BUDDHIST COMMUNITY CENTRE LETCHWORTH
Report of the Trustees For the Year Ended 30th June 2025
The trustees present their report with the financial statements of the charity for the year ended 30th June 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities issued in March, 2015.
Objectives and Activities
The Buddhist Community Centre Letchworth (BCCL) is a Buddhist temple practicing the Therawada Buddhist chapter and serve the community including the local schools with religious, devotional and cultural activities. All the services rendered by the resident monks are free of charge.
Achievements and Performances
During the financial year ended 30° June 2025, BCCL carried out various religious, devotional and cultural activities. The Sunday online Global Dhamma school (Vishwa Daham Pasala) was a great success. During the year there was a remarkable growth in devotees and well wishes who participated in various religious and cultural events. We were able to conduct many activities in our new Temple premises at No. 2 Wilbury Farm, Hitchin Road, Arlesey, Bedfordshire, SG15 6SF.
Financial Review
The main source of income are by monthly subscriptions from the devotee members, fund raising through religious and cultural events and donations from the well wishes. They may be analysed as follows.
| Year ending | Year ending | |
|---|---|---|
| Source ofIncome | 30th June 2025 | 30th June 2024 |
| £ | £ | |
| Devotee Members | 18,480 | 18,952 |
| Katina (religious) | 4,059 | 4,618 |
| Poson (religious) | 1,016 | 650 |
| Sinhala & Tamil NewYear (cultural) | 8,342 | 7,913 |
| Donations | 1,960 | 3,354 |
| Intrest& otherincome | 1,384 | 835 |
| Income from fundraising and activities | 35,241 | 36,323 |
| Gift Aid | 0 | |
| Total income | 35,241 | 36,323 |
| Total Expenditure | 31,882 | 35,270 |
| NetIncome/(Expenditure) | 3,359 | 1,052 |
2
Reserves
The unrestricted funds held at the end of the financial year ended 30th June 2025 was £274,569 compared to the previous year ended 30th June 2024 was £271,210. The reserves are mainly held to cover the on going activities of the BCCL.
Structure, Governance and Management
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The trustees have a duty to identify and review the risk to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
A new committee was appointed at the general meeting held in May 2023
| Name | Trustees | Committee |
|---|---|---|
| Ven. Dediyawala Wimala Thero | President | |
| Ven. Sooriyawawa KusalaThero | Vice President | |
| Mr Prasan de Silva | Secretary | |
| Mr UpulJayawardana | Since year2014 | Treasurer |
| Mr Harris Kodagoda | Since year2000 | Ass-Treasurer |
| Mr Rusiru Kothalawala | Ass - Secretary | |
| DrYasasiri Rajapakse | Since year2000 | Member |
| Mr Dlilp Goonawardana | Since year2000 | Member |
| Mr Nihal Kularathna | Member | |
| Mr Pasindu Ranasinghe | Member | |
| Mr Charith Gunathilaka | Member | |
| Mr Kevin Weerasekara | Member | |
| Mr Chaminda Goonasekara | Member | |
| Mr Pushpakumara Palansooriya | Member | |
| Mrs Manori Pathirage | Member | |
| Mrs Imalka Pathirage | Member | |
| Mrs Mithila Perera | Member | |
| MrJayantha Karunada | Since year2010 | Trustee |
| MrsChandaniDias | SinceYear2005 | Trustee |
3
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number - 1088878 Principal Address - 2 Wilbury Farm Hitchin Road Arlesey Bedfordshire SG15 6SF
Exemption from Disclosure
There are no exemption from disclosure.
Funds held as custodian trustee on behalf of others
There are no funds held as custodian trustee on behalf of others
ON BEHALF OF THE BOARD
Ven . Dediyawala Wimala Thero — President
----- Start of picture text -----
Date QQ / 2 / BES z
----- End of picture text -----
4
BUDDHIST COMMUNITY CENTRE LETCHWORTH income & Expenditure
| income&Expenditure | ||||||
|---|---|---|---|---|---|---|
| income & Expenditure | Year | End | Year | End | ||
| 30th June 2025 | 30th June 2024 | |||||
| RECEIPTS | Notes | £ | £ | |||
| Donation Box | 1,535.00 | 1,614.50 | ||||
| Donations Building Fund |
425.00 0.00 |
1,739.96 0.00 |
||||
| Karaoke | 941.31 | 834.74 | ||||
| British gas help scheme | 0.00 | 0.00 | ||||
| Close tomy Heart | 0.00 | 0.00 | ||||
| NewYear | 8,342.16 | 7,913.01 | ||||
| Wesak Poson |
0.00 1,015.58 |
0.00 650.43 |
||||
| Katina | 4,058.79 | 4,618.03 | ||||
| Sale ofBuilding | 0.00 | 0.00 | ||||
| Subscriptions | 18,480.00 | 18,951.99 | ||||
| Fundraising and activities | 34,797.84 | 36,322.66 | ||||
| Gift Aid | 0.00 | 0.00 | ||||
| 2 | 34,797.84 | 36,322.66 | ||||
| Intereston Bank Deposits& Charges | 3 | 443.11 | 421.36 | |||
| TOTALRECEIPTS | 35,240.95 | 36,744.02 | ||||
| PAYMENTS | ||||||
| Electricity | 3,061.94 | 4,753.76 | ||||
| Gas | 0.00 | 0.00 | ||||
| Water | 330.34 | 355.90 | ||||
| Telephone | 350.64 | 350.64 | ||||
| Web Licence & Broad Band | 505.85 | 479.99 | ||||
| Insurance | 766.75 | 836.37 | ||||
| Poson | 860.00 | 0.00 | ||||
| Vesak | 0.00 | 0.00 | ||||
| Newyearcelebration | 3,627.06 | 4,861.28 | ||||
| TV License | 195.12 | 159.00 | ||||
| Repairs& Renewals | 339.98 | 993.15 | ||||
| Sponsor License Fees | 0.00 | 0.00 | ||||
| Printing Postage &Stationery | 0.00 | 0.00 | ||||
| Council Tax | 1,024.36 | 973.73 | ||||
| Travel &Sponsor Visiting Monks | 0.00 | 239.00 | ||||
| Medical& Other Ex. Monks | 0.00 | 0.00 | ||||
| Donations | 20.00 | 0.00 | ||||
| Depreciation Buildings& Fittings | 5,383.82 | 5,383.82 | ||||
| Furniture & Equipments | 0.00 | 0.00 | ||||
| Katina Expences | 661.00 | 605.00 | ||||
| Dhamma School | 0.00 | 0.00 | ||||
| Bank Loan & Interest | 14,322.92 | 15,608.42 | ||||
| Cleaning | 432.39 | 0.00 | ||||
| AGM | 0.00 | 0.00 | ||||
| TOTALPAYMENTS | 31,882.17 | 35,600.06 | ||||
| Net Income/(Expenditure) | 3358.78 | 1,143.96 | ||||
| 2 | ||||||
| Total FundsBrought Forward | 176,615.46 | 175,471.50 | ||||
| TotalFundsCarriedForward | 179,974.24 | 176,615.46 |
BUDDHIST COMMUNITY CENTRE LETCHWORTH Balance Sheet
as at 30th June 2025
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|30th|June|2025|30th June 2024|
|Unrestricted|Unrestricted|
|Funds|Funds|
|FIXED|ASSETS|Notes|£|£|
|Tangible Assets|5|415,533|420,916|
|CURRENT ASSETS|
|Cash|at Bank and|in|Hand|42,788|39,722|
|aS Oy|||ee|
|42,788|39,722|
|CREDITORS|
|Amount|falling|due|within|one|
|year|6|-6,350|-5,677|
|ac|
|NET|a|en|
|CURRENT ASSETS|36,438|34,046|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|451,971|454,962|
|CREDITORS|
|Amount|falling|due|more|than|
|one Year|7|-177,402|-183,752|
|NET ASSETS|274,569|271,210|
|aal|
|FUNDS|
|Unrestricted|Funds|8|274,569|271,210|
|TOTAL FUNDS|274,569|271,210|
|fe.|eh(Aada|co|
|Treasurer|Date|1]. 9|| Ib.|
----- End of picture text -----
6
BUDDHIST COMMUNITY CENTRE LETCHWORTH
Notes to the Financial Statement For the Year Ended 30th June 2025
----- Start of picture text -----
1. ACCOUNTING POLICIES
----- End of picture text -----
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 1993 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where cost 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 (TFA) and Depreciation
----- Start of picture text -----
Depreciation has been calculated on straight line basis as follows;
Fixtures & Fitting 10% p.a.
Land & Building 1% p.a.
----- End of picture text -----
During the year of acquisition, the annual depreciation is pro-rated over the number of months it is in service for the first year.
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 purpose within the objectives 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.
j
ACTIVITIES FOR GENERATING FUNDS
| 30.06.25 | 30.06.24 | ||
|---|---|---|---|
| Fundraising eventsandVoluntaryincome GiftAid |
£ 34,798 6) |
£ 36,323 0 |
|
| 34,798 | 36,323 | ||
| 3. | INVESTMENTINCOME | ||
| Depositaccountinterest | 443 | 421 |
- TRUSTEES’ REMUNERATION AND BENEFITS There were no trustees' remuneration or benefits for the year ended 30th June 2025 and year ended 30th June 2024.
Trustees' Expenses There were no trustees' expenses paid for the year ended 30th June 2025 and year ended 30th June 2024.
- TANGIBLE FIXED ASSETS (TFA)
| Freehold | Freehold | Fixtures & | ||
|---|---|---|---|---|
| Property | Fittings | Total | ||
| COST | £ | £ | £ | |
| At 1stJuly2024 Disposal |
430,387 0 |
18,354 0 |
448,741 0 |
|
| Purchase At30thJune 2025 DEPRECIATION |
0 0 0 Ss ed,Pe eee, 430,387 18,354 448,741 ae |
|||
| At 1stJuly2024 Disposal |
18,650 0 |
9,175 0 |
27,825 0 |
|
| Charges foryear | 4,304 | 1,080 | 5,384 | |
| At30thJune 2025 | 22,954 | 10,255 | 33,209 | |
| NET BOOKVALUE | ||||
| At 30thJune 2025 | 407,433 8,099 SSSoSWH}3}_:VNA_xcxee—e—Qqqjqq3ueg |
415,532 | ||
| At30thJune 2024 | a | 411,737 | 9,179 ee8 |
420,916 EOL |
The Charity's Depreciation Policy is stated in Note 1 Accounting Polices.
8
| 6 | CREDITORS:AMOUNT FALLING DUEWITHIN | WITHIN ONEYEAR | WITHIN ONEYEAR | ||
|---|---|---|---|---|---|
| 30.06.25 | 30.06.24 | ||||
| £ | £ | ||||
| Bank Loan | 6,350 | 5,677 | |||
| 0 | 0 | ||||
| 6,350 | 5,677 | ||||
| 7 | CREDITORS:AMOUNT FALLING DUEAFTER | AFTERMORETHAN | ONEYEAR | ||
| 30.06.25 | 30.06.24 | ||||
| £ | £ | ||||
| Bank Loan | 159,490 | 165,840 | |||
| BuildingFund | 17,911 | 17,911 | |||
| 177,402 | 183,752 | ||||
| Net | |||||
| Movement | |||||
| 8 | MOVEMENT IN FUNDS | At 30.06.24 | ofFunds | At 30.06.25 | |
| £ | £ | £ | |||
| Unrestricted Funds | |||||
| General Funds | 176,615 | 3,359 | 179,974 | ||
| Disposal ofBuildings - 19/20 | 94,595 | 0 | 94,595 | ||
| Total | 271,210 | 3,359 | 274,569 | ||
| Net Movement in Funds Included in the above | are as Follows | ||||
| Incoming | Resources | Movement | |||
| Resources | Expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted Funds | |||||
| General Funds | 35,241 | -31,882 | 3,359 | ||
| TotalFunds | 35,241 | -31,882 | 3,359 |
9