## Pundarika UK Annual Report
## st - st 1 June 2020 31 May 2021
## _Registered Charity Number 1104530_
Address: 37 Leighton Road, Bath, BA1 4NF Phone: 01225 312735 Email: Caroleb1080@gmail.com Web: www.pundarika.uk
Trustees
Carole Bishop – Chair Michelle Bernard – Secretary Rosie Roberts – Treasurer Erica Whitfield
Charity Commission Classifcation:
Pundarika UK is committed to: Religious activities Education/training Relief of poverty.
## Background
In 1999 the Tibetan Buddhist teacher Tsoknyi Rinpoche requested some of his British students to set up Pundarika UK in order to organise Buddhist teachings for the general public as well as raise funds to support his monastic communities in Nepal and China (Tibet). We registered with the Charity Commission as a Charitable Trust in 2004.
Since then we have been organising an annual six-day residential retreat every year for which we use rented accommodation. Buddhist philosophy is taught as well as meditation instruction given. These retreats are popular although numbers are limited by the nature of the accommodation, usually we have around 150 people.
After expenses, profits from the retreat are used to support Rinpoche's monastic community, now mainly nuns in Nepal. We also support a girls' school in Nepal. Many of our supporters pay a monthly standing order to support the nuns as well as the school in Nepal.
## Activities this year for Public Beneft
For the second year we have been unable to hold our live annual 6- day retreat. We therefore organised an online retreat via Zoom which nearly 1,000 people attended from around the world. Tsoknyi Rinpoche taught live from Nepal, with our translator offering his services from Argentina. We enabled people to post questions to Rinpoche face to face onscreen. Meditation sessions were offered twice each day and well as further Q&A sessions. News was received from Tsoknyi Gechak Ling, Rinpoche's nunnery in Nepal, as well as our annual update of the school for young nuns there.
## Finances
Our regular sponsors have been very loyal and supportive, maintaining their monthly payments through this time with donations for the Nepal Monastic Community who are mainly nuns. We also support the school for young girls, Tsoknyi Gechak Ling. At the start of this financial year we had around 40 monthly sponsors, as well as people making generous individual donations. Charges for the online teachings were by donation. As there were less overheads than a live retreat, and many more could attend, we were able to accrue a good amount to send to the monastic community and school in Nepal. (see accounts)
## Future Plans
The pandemic seems to be winding down and travel is beginning to open up, but in 2022 our teacher is not yet traveling so we are planning another full 6 day online, 9 - 14[th] April. Our usual venue, Bruton School for Girls, Somerset, is undergoing major changes at present but they hope to host us again in 2023. They are kindly still storing our retreat equipment.
Signed:
## C. Bishop
Carole Bishop Director, Pundarika UK.
Date: 16 March 2022
## **PUNDARIKA UK**
Statement of accounts for period 1st June 2020 - 31st May 2021
|BANK
CASH
PAY-PAL
Funds as at 01/06/20
£
£
£
**£**
Balance LloydsTSB current account
13,203.62
Cash in hand
36.82
Balance at PayPal account
11,410.60
TOTAL FUNDS
**24,651.04**|BANK
CASH
PAY-PAL
Funds as at 01/06/20
£
£
£
**£**
Balance LloydsTSB current account
13,203.62
Cash in hand
36.82
Balance at PayPal account
11,410.60
TOTAL FUNDS
**24,651.04**|
|---|---|
|**Receipts**
Retreat income
13,060.50
67,130.53
Recordings
39.04
Miscellaneous
5.01
**TOTAL RECEIPTS**
**13,065.51**
**0.00**
**67,169.57**
**80,235.08**
**Payments**
Website costs
978.47
304.75
Office Expenses
33.98
3.25
Recording Equip & Expenses
234.00
Translator fees
2,030.70
Internet set-up costs
0.00
1,678.66
Transfer Charges
93.00
Miscellaneous
21.00
55.11
Refunds
70.00
302.71
**TOTAL PAYMENTS**
**3,461.15**
**0.00**
**2,344.48**
**5,805.63**
GENERAL FUND Receipts & Payments
_(unrestricted funds)_||
||MONASTIC COMMUNITY SUPPORT FUND Receipts & Payments
_(restricted funds)_|
|**Receipts**
Sponsers
7,821.00
1,781.74
Donations for Nepal School
400.00
1,088.89
Monastic donations
6,580.00
838.18
Monastic medical fund
5,000.00
**TOTAL RECEIPTS**
**19,801.00**
**3,708.81**
**23,509.81**
**Payments**
Monastic request donations
2,200.00
Nepal Nuns Support
21,000.00
Nepal School Support
25,000.00
Nunnery Support worker
Salary
4,038.80
**TOTAL PAYMENTS**
**52,238.80**
**0.00**
**52,238.80**||
|**Transfers**
Bank from PayPal
60,000.00
PayPal to bank
60,000.00
**T0TAL FUNDS at 31/05/19**
Balance at bank
50,370.18
Cash in hand
36.82
Pay-Pay account
19,944.50
**TOTAL FUNDS**
**70,351.50**||
## **Independent examiner's report on the accounts**
**��������������������������������������������������������������**
## **Report to the trustees/ members of**
Charity Name Pundarika UK
> **On accounts for the year** 1st June 2020 - 31 May 2021 **Charity no ended (if any)**
## **Set out on pages**
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity ( �������������������������������� **DD / MM / YYYY** .
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act ���������������� .
I report in respect of my examination ������������������������������������ under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Signed:**
**Date:** 16/03/2022
**Name:** Roy Sutherwood **Relevant professional** N/A **qualification(s) or body (if any):**
**Address:** 43A Renfrew Road
London
SE11 4NA
**October 2018**
1
**IER**
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of** N/A **any items that the examiner wishes to disclose** .
**October 2018**
2
**IER**