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2022-12-31-accounts

The Community of Interbeing UK

Annual Report and Financial Statements

Year Ended 31 December 2022

Registered Charity No 1096680

Company Registration No 04623280

2 The Community of Interbeing UK Annual Report and Financial Statements 2022

About the Community of Interbeing UK

The Community of Interbeing UK is the network of people in the United Kingdom who practise Buddhism according to the teachings of Zen master Thich Nhat Hanh ( Thây -pronounced 'tie' - as we call him, meaning teacher in Vietnamese). The UK Community of Interbeing is part of the wider international Sangha of many thousands of practitioners worldwide, all of whom follow Thây's mindfulness practice and teachings.

Mindfulness is the energy of being aware and awake to the present moment. It is the continuous practice of touching life deeply in every moment of daily life. To be mindful is to be truly alive, present and at one with those around us and with what we are doing. We bring our body and mind into harmony while we wash the dishes, drive the car or take our morning shower, learning to do them with mindfulness, with an awareness that we are doing them. We practise mindfulness throughout every moment of the day and not just during meditation.

Practising mindfulness cultivates understanding, love, compassion, and joy. This practice helps us to take care of and transform suffering in our lives and in our society.

In practising together as a group, our practice of mindfulness becomes more joyful, relaxed and steady. We support each other along the path of practice. With the support of the community, we can practise to cultivate peace and joy within and around us, as a gift for all of those whom we love and care for. We can cultivate our solidity and freedom - solid in our deepest aspiration and free from our fears, misunderstandings, and our suffering.

In addition to providing national retreats and training, the Community of Interbeing supports around one hundred and twenty local Sangha groups around the UK, sells books and other media, and provides a weekly update for members called Dharmabites , plus a monthly e-News called Here & Now, as well as distributing the international Mindfulness Bell magazine.

Through our programmes of education and practice the Community of Interbeing endeavours to encourage more people to practise mindful living.

The Community of Interbeing UK Annual Report and Financial Statements 2022 3

2022 Annual Review

In this annual review we set out our charitable aims, and for each aspect of our activities, the actions taken to implement them in this year as well as our plans for the future.

Charitable aims

The Objectives of the Community of Interbeing are:

a) To advance, support and encourage the study and practice of Buddhism and mindful living in accordance with the teachings of meditation master Thich Nhat Hanh, in the UK and overseas, in keeping with the Five Mindfulness Trainings.

b) To assist and encourage the formation and activities of regional and local groups having this common purpose.

National practice and training

What we do

How what we do delivers public benefit

The principal benefit comprises the provision of opportunities for members of the public (including Buddhists and those interested in Buddhism) to learn more about mindfulness and Buddhism. We provide instruction from beginner to advanced levels, enabling people to deepen their knowledge and experience. We offer retreats for both individuals and groups, to enable them to develop their meditation experience and increase their understanding of the mindful way of life in the Plum Village tradition of Thich Nhat Hanh.

Our events are advertised publicly on our website, social media channels (e.g PlumVillageUK Facebook page) as well as our weekly Dharmabites offerings for members and monthly e-News (which anyone can sign up to). We offer a warm welcome to anyone who wishes to attend. We make a charge to recover the cost of running our retreats and training programmes with a lower rate applying to those in special circumstances. We also endeavour to raise funds to offer bursaries towards the cost of some of the events.

Action taken in 2022

The initial months of 2022 were marked by profound activity across the international community. The passing of our most respected teacher, Zen Master Thich Nhat Hanh, fondly known as Thay, ushered in a period of reflection, grief, and gratitude. Yet, amidst a backdrop of undeniable sorrow, our community's collective sense of togetherness was palpable. The core of Thay's teachings - that 'the next Buddha will be a Sangha' - was felt more than ever, as we united, drawing strength and solace from each-other and the many profound ways Thay's life was celebrated.

Across the broad community in the UK we supported a huge range of activities:

4 The Community of Interbeing UK Annual Report and Financial Statements 2022

The Community of Interbeing UK Annual Report and Financial Statements 2022 5

Wake Up London's reflections gave us renewed insight into how we can perpetuate the practice of Being Peace.

6 The Community of Interbeing UK Annual Report and Financial Statements 2022

The Community of Interbeing UK Annual Report and Financial Statements 2022 7

Future plans for 2023 and 2024

Looking forwards we were excited to announce the introduction of One-to-One meetings in the early months of 2023. These sessions are designed to offer both new and experienced practitioners tailored guidance, deep listening, and support in refining and deepening their meditation practices. From sharing about current practices to addressing personal sufferings and the desire to deepen practice, these consultations provide a compassionate, confidential environment. While not replacing psychological therapy, these consultations are rooted in our commitment to community well-being. Starting January 2023, this by-donation service is founded on trust, ensuring that everyone, irrespective of financial means, can benefit.

Community Engagement and Volunteer Opportunities

We actively sought out volunteers to support our myriad offerings and boost our web and community engagement. This outreach was essential for us to help our community blossom and expand.

The essence of Thich Nhat Hanh's teachings reverberated through every event and gathering in 2022. From looking back at his monumental contributions to directing our mindfulness practices towards the challenges of today's world. It was a year of deep connection, reflection, and growth for our community. Whether addressing global concerns like climate change or personal journeys in mindfulness, we were united in our commitment to foster a deeper understanding and practice of Thay's teachings.

Being Peace Cottage :

Mindfulness courses

Be Calm Be Happy

8 The Community of Interbeing UK Annual Report and Financial Statements 2022

Future plans for 2023 and 2024

Being Peace Residential Practice Centre

Future plans for 2023 and 2024

Local Sanghas – practice and training

What we do

How what we do provides public benefit

These activities provide the same public benefits as the National practice and training programme but on a local level making them as widely geographically accessible as possible.

Action taken in 2022

The Community of Interbeing UK Annual Report and Financial Statements 2022 9

Future plans

Publications service

What we do

How what we do provides public benefit

Action taken in 2022

Future plans for 2023 - 24

10 The Community of Interbeing UK Annual Report and Financial Statements 2022

Communications

What we do

How what we do benefits the public

Our communications programme supports and facilitates the achievement of our other activities and hence benefits the public as explained above.

Action taken in 2022

Future plans for 2023 and 2024

The Community of Interbeing UK Annual Report and Financial Statements 2022 11

Technical systems

What we do

We provide a web site with links to our events and other resources. We use other technical systems for event bookings and newsletters.

How what we do benefits the public

People can use our website to book events and order resources such as books

Actions taken in 2022

Future plans for 2023 and 2024

Dana

What we do

The practice of dana or giving is a fundamental practice in Buddhism. The Community of Interbeing provides opportunities for people to give of their time and expertise and to give monetary donations. There are opportunities to support us in the UK and also to contribute to international charities associated with Thich Nhat Hanh and Plum Village including the Thich Nhat Hanh UK Action Fund and the relief of poverty in Vietnam.

How what we do benefits the public

Our dana programme benefits the public both directly and indirectly. Direct benefits come through the alleviation of suffering and the teaching of programmes of mindful living. Indirect benefits come through the encouragement of responsible living and of the importance of charitable giving.

Action taken in 2022

12 The Community of Interbeing UK Annual Report and Financial Statements 2022

Future plans

Engaged Action

What we do

Many of our community members are very active in offering mindfulness practice to others in an engaged way. Examples include activism in racial and social justice, climate action and Earth holding, prison chaplaincy, healthcare chaplaincy, and teaching in schools. Many community members are engaged in significant ways across many such areas.

How what we do benefits the public

The engaged action of our members benefits the public both directly and indirectly. Direct benefits come through the contact and support with chaplains, teachers, and activists, and the associated ability to live more mindfully and calmly. This indirectly benefits all around those who have benefited from this contact.

Action taken in 2022

Future plans for 2023 and 2024

The Community of Interbeing UK Annual Report and Financial Statements 2022 13

14 The Community of Interbeing UK Annual Report and Financial Statements 2022

Charity Information

CURRENT TRUSTEES

Ms L Beth Mr P Croton Dr J Edwards Mr K Place Ms A Searle

COMPANY SECRETARY

Ms I Wen

LEGAL STATUS

Registered Charity

No 1096680

Company Registration No 04623280

FURTHER INFORMATION

Website: www.plumvillage.uk

BANKERS

Bath Building Society, 15 Queen Square, Bath, BA1 2HN The Co-operative Bank, PO Box 250, Skelmersdale, WN8 6WT Ecology Building Society, 7 Belton Road, Keighley, West Yorkshire, BD20 0EE Monmouthshire Building Society, Monmouthshire House, John Frost Square, Newport, NP20 1PX Nationwide Building Society, Nationwide House, Pipers Way, Swindon, SN38 1NW

INDEPENDENT EXAMINER

Alex Chandler ACA, Sygma Chartered Accountants, 1 Sopwith Crescent, Wickford, Essex, SS11 8YU

The Community of Interbeing UK Annual Report and Financial Statements 2022 15

Annual Report of the Trustees of the Community of Interbeing UK for the year ended 31 December 2022

1 Factual Information

1.1 Structure

The Community of Interbeing UK is a company limited by guarantee (company number 04623280) and a registered charity (Charity number 1096680). The Charity also uses the working name “Plum Village UK”.

1.2 Objects

The Objects of the Community of Interbeing are:

a) To advance, support and encourage the study and practice of Buddhism and mindful living in accordance with the teachings of meditation master Thich Nhat Hanh, in the UK and overseas, in keeping with the Five Mindfulness Trainings.

b) To assist and encourage the formation and activities of regional and local groups having this common purpose.

1.3 Governance

The Charity is managed by a Committee of Trustees. The trustees are also the directors of the Charity for the purposes of the Companies Act. All trustees are required to be members of the Community of Interbeing who have taken the Five Mindfulness Trainings. Trustees are recruited on the basis of skills needs identified by the Board of Trustees. A variety of methods is used to identify suitable candidates. Trustees are elected by the members of the Charity at the Annual General Meeting. Each year one third of the Trustees retire by rotation. The Committee of Trustees has the power to co-opt members during the year but these members must stand for election at the next Annual General Meeting. Trustees are given an induction pack on joining the Committee and are encouraged to identify gaps in their knowledge, which are then addressed by briefings or other training delivered to some or all of the trustees as appropriate.

1.4 Management

The Committee of Trustees currently comprises 5 members and meets formally in person or via videoconference call several times a year. Members of the Committee individually or in small groups also act to take forward the Charity’s plans assisted by other volunteers. Trustees serving since the last annual report have been:

Ms L Beth (appointed 15 February 2020, elected 19 September 2020, re-elected 9 October 2021) Mr P Croton (appointed 17 April 2020, elected 19 September 2020, re-elected 24 September 2022) Dr J Edwards (Treasurer, appointed 6 January 2014, elected 24 May 2014, re-elected 9 October 2021) Mr K Place (appointed 12 June 2020, elected 19 September 2020)

Ms A Searle (appointed 30 August 2018, elected 29 September 2018, re-elected 24 September 2022)

The appointed Company Secretary is Ms Isabelle Wen. In addition to the Trustees and Dharma Teachers, key volunteers included Br Yonten (Dharmabites), Ann Irving (bursaries management), Nan Dower (Cottage Treasurer), Karen Boreham (Vietnam dana fund), Sarah Sweet ("Mindfulness Bell" subscriptions) and Ian Parker (publication sales). The Charity employs an admin and communications manager, Kasia Stepien. In addition, the Charity purchases the services of a number of individuals to fulfil administrative, technical and management roles. During 2022 these have included the services of Lauri Bower (BCBH course management), Kesley Cage (admin and events management), Will Wassenaar and Dominic Munro-McCarthy (Being Peace Practice Centre project management) and Theresa Samworth (Practice Centre fundraising).

2 Review of Activities

The review of activities is set out in the 2022 Annual Review earlier in this report.

3 Financial Review

Total income for the year was £317,443, a 19% increase compared to 2021 (£266,884). Membership subscriptions and donations received during the year totalled £228,000, a 70% increase compared to 2021 (£134,006). This increase was largely accounted for by one very substantial donation for Plum Village France. Our members and supporters continued their generous financial support for the Plum Village monastics and a further £25,000 was sent on to Plum Village during the year. Income from retreats and courses was £77,095, up by 72% compared to 2021 (£44,836) as we expanded the range and number of in-person and online courses and retreats offered. Sales of books, bells and the Mindfulness Bell magazine amounted to around £9,000 – similar to 2021. We received £47,700 in donations towards

16 The Community of Interbeing UK Annual Report and Financial Statements 2022

our Being Peace Practice Centre fund. We are grateful to all those who support the Community of Interbeing/Plum Village UK through membership, donations, volunteering, attending our events and buying from our book service. It's your support that allows us to continue our work to spread the Plum Village practice and Thây’s teachings throughout the UK.

Total expenditure for the year was £244,836, an 83% increase compared to 2021 (£133,566). This increase is largely accounted for by sending on the large donation received for Plum Village. Further donations from our members and supporters amounting to £25,000 were also sent on to Plum Village. Expenditure associated with retreats and courses at £72,881 was up 80% compared with 2021 (£40,348) as we expanded the range and number of in-person and online courses and retreats offered.

The financial review can give only a limited idea of the activities of the Charity. This is because so much of our work cannot be measured in monetary terms. A deep bow of gratitude is due to all those volunteers who do so much to make our activities a reality.

The Community of Interbeing owns freehold premises (fixed assets) occupied by the Charity as a retreat practice centre (the Being Peace Cottage in Devon). During the year 2022 the property was put on the market for sale with an asking price of £300,000. An offer has been received and it is expected that the sale of the property will be completed in 2023.

4 Risk Management

The major risks to which the Charity is exposed, as identified by the trustees, have been reviewed during the year and the trustees are satisfied that systems have been established to mitigate those risks.

The Charity has in place a Child Protection Policy which is reviewed annually. A Safeguarding Policy covering children and vulnerable adults is currently under preparation by the Trustees.

5 Format of Financial Statements

The report and accounts have been prepared in accordance with the Small Companies and Groups (Accounts and Directors’ Report) Regulations 2008.

6 Trustees’ Responsibilities in relation to the Financial Statements

Legal regulations require the trustees to prepare financial statements for each financial year which give a true and fair view of the Charity’s financial activities for the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Committee of Trustees and signed on their behalf by

Dr J Edwards Trustee and Director

23 September 2023

The Community of Interbeing UK Annual Report and Financial Statements 2022 17

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
From generated funds
Donations
11
Activities for generating funds
Merchandise sales
Revaluation of Peace Cottage
6
Interest
Educational events & publications
2
Other
4
Educational events & publications
3
Donations, bursaries and expenses
11
Administrative costs
4
Governance costs
5
Net incoming/outgoing resources
Balance brought forward at 1 January
Balance carried forward at 31 December
RECONCILIATION OF FUNDS
before transfers
Transfers
Net movement of funds
EXPENDED RESOURCES
Costs of generating voluntary income
Marketing & Communications
Cost of charitable activities
Total resources expended
Investment income:
From charitable activities
Total incoming resources
INCOMING RESOURCES
Voluntary income:
Subscriptions
Unrestricted Restricted
Total
Total
funds
funds
2022
2021
36,451
-
36,451
35,856
13,855
177,694
191,549
98,150
-
-
-
-
-
-
-
72,431
257
290
547
305
-
-
88,896
-
88,896
60,143
-
-
-
-
139,459
177,984
317,443
266,885
18,318
-
18,318
15,417
-
-
-
-
85,322
-
85,322
52,836
-
133,599
133,599
50,300
7,104
-
7,104
14,520
493
-
493
493
111,237
133,599
244,836
133,566
28,222
44,385
72,607
133,319
-
-
-
-
28,222
44,385
72,607
133,319
388,686
266,646
788,651
655,332
416,908
£
311,031
£
861,258
£
788,651
£

The Accounting Policies and the Notes on pages 19 to 23 form part of these Accounts.

18 The Community of Interbeing UK Annual Report and Financial Statements 2022

BALANCE SHEET AT 31 DECEMBER 2022

Unrestricted Restricted Total Total
Notes funds funds
2022 2021
TANGIBLE FIXED ASSETS 6 300,000 - 300,000 300,000
CURRENT ASSETS
Stock of publications 3,256 - 3,256 2,628
Debtors 7 20,541 102,694 123,235 91,993
Cash at bank and in hand 192,748 246,845 439,593 398,537
216,545 349,539 566,084 493,158
CURRENT LIABILITIES
Amounts falling due within
one year 8 4,826 4,826 4,507
NET CURRENT ASSETS 211,719 349,539 561,258 488,651
NET ASSETS £511,719 £349,539 £861,258 £788,651
Represented by:
FUNDS
Unrestricted 511,719 - 511,719 483,497
Restricted 11 - 349,539 349,539 305,154
TOTAL FUNDS £511,719 £349,539 £861,258 £788,651

For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

Approved by the trustees on 23 September 2023 and signed on their behalf by:

Dr J Edwards (Trustee and Director)

The Accounting Policies and the Notes on pages 19 to 23 form part of these Accounts

The Community of Interbeing UK Annual Report and Financial Statements 2022 19

Notes to the Financial Statements for the year ended 31 December 2022

1. Accounting Policies

(a) Basis of preparation

These financial statements have been drawn up under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ published in March 2005, applicable UK accounting standards, and the Companies Act 2006.

(b) Company status

The Charity is a company limited by guarantee. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £10 per member.

(c) Fund accounting

The Charity has two types of funds, unrestricted, and restricted. The unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity. Restricted funds are funds that are to be used in accordance with specific restrictions imposed by the providers of the funds.

(d) Recognition of Income

Donations, and other forms of voluntary income are dealt with when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Membership subscriptions are due on 1 January each year and are recognised as received. Sales of publications and income from retreats are dealt with on an accruals basis. Gift Aid receivable is included in the category of income to which it relates. No amounts are included in the financial statements for services donated by volunteers.

(e) Recognition of Expenditure

Expenditure is recognised when a liability is incurred. Expenditure on future retreats is deferred until the retreat takes place.

(f) Depreciation

No depreciation is provided on freehold premises since this would be immaterial having regard to the length of the useful economic life of the property. Depreciation of equipment is provided on cost at the rate of 25% per annum.

(g) Assets

Fixed assets are stated at cost less depreciation. Stock of publications is stated at the lower of cost and realisable value. Debtors are stated at the amount expected to be recoverable.

2. Income from educational events and publications

2. Income from educational events and publications
Retreats, courses and Being Peace Cottage income
Income from organising major retreat
Sale of publications & bells
2022
2021
79,755
50,596
-
-
9,141
9,547
88,896
£
60,143
£

3. Expenditure on educational events and publications

Retreat, Courses and Being Peace Cottage expenditure
Books, other publications & bells
2022
2021
77,133
43,414
8,189
9,422
85,322
£
52,836
£

20 The Community of Interbeing UK Annual Report and Financial Statements 2022

Notes to the Financial Statements for the year ended 31 December 2022 (continued)

4. Admininstration costs

4. Admininstration costs
Bookkeeping and accountancy
Insurance
Website, Zoom and other IT costs
Bank charges & other administrative costs
Project cost salary
2022
2021
782
9,612
1,602
1,505
4,251
3,270
469
133
-
-
7,104
£
14,520
£

The Charity employed one member of staff during 2022, the employment costs during the year totalled £15,742 and are included under “Marketing and Communication” expenditure. Otherwise the work of the Charity is carried out by volunteers and by the purchase of services from a number of individuals. These expenses are included under expenditure on educational events and publications (Note 3) and administration costs (Note 4).

5. Governance

5. Governance
Room hire
Independent examination and statutory costs
Trustees' meeting travel expenses
2022
2021
-
-
493
493
-
-
493
£
493
£

No Trustees (2021: 0) received reimbursement of their travelling expenses totalling £NIL (2021: £NIL) in relation to their role as Trustee.

6. Fixed assets

Purchase cost (September 2008)
Revaluation (October 2021)
Book value at 31 December 2022
Depreciation
As at 1 January 2022
Charge for the year
Disposals
As at 31 December 2022
Net book value
At 31 December 2022
At 1 January 2022
Freehold Equipment
Total
premises
£
£
£
227,569
-
227,569
72,431
-
72,431
300,000
-
300,000
-
-
-
-
-
-
-
-
-
-
-
-
300,000
-
300,000
300,000
-
300,000

The freehold premises have been occupied by the Charity as a retreat practice centre. During the year 2022 the property was put on the market for sale with an asking price of £300,000. An offer has been received and it is expected that the sale of the property will be completed in 2023.

The Community of Interbeing UK Annual Report and Financial Statements 2022 21

Notes to the Financial Statements for the year ended 31 December 2022 (continued)

7. Debtors
Gift Aid
Other debtors
Prepayments
8. Liabilities: Amounts falling due within one year
Loans
Deposits received for Retreats in 2022
Accruals
2022
-
-
4,826
2022
2021
120,894
88,944
2,341
3,049
123,235
£
91,993
£
2021
-
-
4,507
4,507
4,826
£
£

9. Reserves adequacy

Much of the Unrestricted fund represents fixed and working assets required by the Charity to carry on its day to day work. The remainder of the Unrestricted fund comprises cash at bank. For the Charity to function successfully, it must maintain an adequate level of Unrestricted reserves that can be used to finance the Charity’s day to day operations and provide a precautionary reserve in case of fluctuations in the future level of income. The Trustees consider it appropriate that the level of precautionary reserve should be of the order of twelve months’ expected future expenditure plus an allowance for property maintenance. At 31 December 2022, the Charity’s bank balances were in excess of £50,000 above this level. The Trustees are satisfied that this situation is satisfactory having regard to the expected pattern of expenditure over the next few years especially the set up costs of future major events and the acquisition of new practice centres.

10. Statutory and general information

This note contains information required to comply with statutory and technical accounting pronouncements:

(i) In relation to the statement of financial activities

None of the Charity’s activities was acquired or discontinued during the current or previous years. Accordingly all of the Charity’s results relate to continuing operations.

As the Charity is a company limited by guarantee, it is required to present an income and expenditure account in its financial statements. The Charity’s Statement of Financial Activities includes all matters that would require inclusion in an income and expenditure account and hence no separate income and expenditure account is presented.

Because the Charity has no gains and losses not disclosed in the Statement of Financial Activities, a statement of total recognised gains and losses for the year has not been presented as this would be the same as the Statement of Financial Activities.

No taxation is payable as the Society is a registered Charity and accordingly is entitled to exemption from taxation on its charitable activities.

(ii) Balance sheet

There are no pension or other contingencies at 31 December 2022 and 2021.

22 The Community of Interbeing UK Annual Report and Financial Statements 2022

Notes to the Financial Statements for the year ended 31 December 2022 (continued)

11. Restricted funds

11. Restricted funds
Balance at 01 January 2022
Donations received 2022
Other income
Interest
Applied during the year
Transfer
Balance at 31 December 2022
Comprising
Debtors (GiftAid)
Creditors
Cash
Prior year comparison:
Balance at 01 January 2021
Donations received 2021
Other income
Interest
Applied during the year
Transfer
Balance at 31 December 2021
Comprising
Debtors (GiftAid)
Creditors
Cash
UK Action
Fund for
PV
Vietnam
Dana
Practice
Centre
Fund
Wake Up
Fund
Total
£
£
£
£
£
82,480
11,342
192,852
18,480
305,154
127,088
2,885
47,721
-
177,694
-
-
-
-
-
-
-
290
-
290
209,568
14,227
240,863
18,480
483,138
(125,000)
(8,599)
(133,599)
-
-
-
-
-
£84,568
£14,227£232,264
£18,480 £349,539
54,300
3,194
45,200
-
102,694
-
-
-
-
-
30,268
11,033
187,064
18,480
246,845
£84,568
£14,227£232,264
£18,480 £349,539
£
£
£
£
£
63,378
7,542
177,245
18,480
266,645
64,102
3,800
20,855
-
88,757
-
-
-
-
-
-
-
52
-
52
127,480
11,342
198,152
18,480
355,454
(45,000)
(5,300)
(50,300)
-
-
-
-
-
£82,480
£11,342£192,852
£18,480 £305,154
51,600
3,594
20,400
-
75,594
-
-
(1,469)
-
(1,469)
30,880
7,748
173,921
18,480
231,029
£82,480
£11,342£192,852
£18,480 £305,154

The Thich Nhat Hanh UK Action Fund (formerly called the Thich Nhat Hanh Continuation Fund) raises money to promote Thây’s teachings internationally and in the UK.

The Vietnam Dana Fund comprises donations given to support Plum Village’s “Humanitarian Relief” programme which offers material and spiritual support to hundreds of communities in the poorest areas of Vietnam where education, development, social services and relief work are in great need to ensure healthy and happy lives for all. The donations received are paid to Plum Village to be spent in Vietnam in the way Plum Village considers best to meet current needs.

The Community of Interbeing UK Annual Report and Financial Statements 2022 23

Notes to the Financial Statements for the year ended 31 December 2022 (continued)

The UK Action Fund for Plum Village (PV) comprises donations given to support the monastic community in Plum Village, France and the European Institute of Applied Buddhism (EIAB) in Germany.

The Practice Centre Fund collects donations to finance the acquisition of practice centres for the UK Sangha.

The Wake Up Fund is for donations to support Wake Up, which promotes Thây’s teachings for young people.

24 The Community of Interbeing UK Annual Report and Financial Statements 2022

Independent Examiner’s Report

To the trustees on the unaudited accounts of the Community of Interbeing UK;

I report on the accounts of The Community of Interbeing UK for the year ended 31 December 2022, which are set out on pages 17 to 23.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no 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 company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

Alex Chandler ACA Sygma Chartered Accountants 1 Sopwith Crescent, Wickford, Essex, SS11 8YU 30 October 2023