JAMYANG BUDDHIST cE￿rRE
DIRECTORS, AND TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31st DECEMBER 2021
*Ab75KVP(•
281fXI2022
CCWANIES HOUSE
A11
217
Company No: 05264030
Charity No: 1106802

JAMYANG BUDDHIST CENTRE
REPORT AND ACCOUNTS
CONTENTS
Dirertors. and Trustees. Report
Independent EX￿[ne￿$ Report
ststement of Financial Actiwties
Balance Sheet
io
Notes to the Accounts
11-20

JAMYANG BUDDHIST CENTrE
DIRECTORS, ANO TRUSTEES. REPORT
FOR THE YEAR ENDED 31" DECEMBER 2021
The trustees are pleèsed to present their annual dirertors. report together with the financial statements of
the charity for the year ended 31" December 2021, which are also prePa￿d to meet the requirements for
director5, report and Companies Act
The financial statements comply with the Charities Act 2011. the Companie5 Act 2CQ6, the Memrèndum and
Articles of A550ciation. and Accounting and Reporting by Charities.. Statements of Recommended Practice
applicable to charities preparing theiraccounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021 (effective l January 20151-
OBJEcnvE5 AND AcnviTIES
The charivs objectives are to advance the Buddhist farth and to assist Buddhist charitable institutions
throughout the United Kingdom. and elsewhe￿, making Buddhism available to anyone who requests them.
The main activitie5 undertaken in relation to these purposes are the provish)n of Buddhist study programme5.
community religious services and courses, events and act￿lt￿$ las Outlined under "Achievements and
Perforniance" below) to enhance the mental health and well-being of the communty.
Achlevements and Perforrnance
2021 saw the gradual re-opening of our physical Spa￿ and a continuation of our online activities, including
the 5-year in-depth study programme. Basic Programme. with 180 students enrolled from around the world
which launched in 2020. In September 2021, we launched a second in depth Buddhist Philosophy pilot
programme, Exploring Buddhism, with 140 students enrolled. WTth an optK)n to attend online or on campus.
We furthered the Inclusivity Ambassadors Programme by awarding a further eight scholarships.
Science & Wisdom LIVE. a project launched in 2020, to brin8 in dialogue scientists and contemplative
practitioner5 to discuss society's biggest challenges further flourished. We held high profile speakers such as
Dr. Cado Rovelli. Dr Rupert Sheldrake or Dr Vandana Shr¥è. Our pcxlcasts were downloaded over 6,C4JO time5.
It also launched a new series. The Lighthouse Dialogues. interviewing spiritual luminaires of all traditions.
The upgraded Lotus Guest House re-opened. welcoming guests from around the workl. The Yard Café also
opened for a lively summer residency. And Venue Hire actNty understandabty slowed down considerably
needing to adapt by launching a new Co-working space giving new opportunities to explore the changing
landscape of room rentals.
Volunteers
Jamyang 15 fortunate to attract a number of volunteers in a range of capacities. All the board members and
nearly all the Buddhist teachers at the centre offer their services as volunteers. Volunteers also play a key role
in organizing classes; looking after visiting lamas,. leading prayer ceremonies- organizing and staffing special
events; supporting the upkeep of the building and garden.. fundraising for and creatin8 holy objects. and many
other areas of the centre's actT¥ities.
In addition, Jamyang runs a residential volunteer scheme, where volunteers can gain experience of what it
takes to run a listed building offering not only Buddhist but a150 wellbeing and community-focused activities.
This opwrtunity is available to a maximum of five volunteers at any one time. Volunieers are invited to spend
3-months in community with an option to extend for a year-long residency for candidates who were looking
for deeper immersion into Buddhist study and community.

JAMYANG BUDDHIST CENTRE
DIREcfoRS' AND TRUSTEES. REPORT Icontinuedl
FOR THE YEAR ENDED 31" DECEMBER 2021
Plans for F￿Ure Arti¥itles
In May 2022. Jamyang s launchiNd its third concurrent mumi-year study programme, Discovering Buddhism.
Science & Wisdom LIVE projert will continue to host regular podCa￿S and dialogues. including interyiews a5
part of The Lighthouse Dialogues with Satish Kumar and John Butkr. It will also launch its first e-Learning
course. We will also run a second 12-week analytical programme in partnership with Skeptic's Path to
Enlightenment.
The Old Courthouse will carry on running the Lotus Guest House and plans to re-open its Café.
The centre will continue to provide-
Regular classe5 on BUddh￿M and meditation both online and face to fa￿.
Regular Buddhist prayer groups and ceremonies.
A quiet supportive environment for Buddhist study. including library and garden.
Information about other Buddhist activities tM)th nationally and worhlwide.
Y￿a classes for Refu8ees
Publit Benefrt Ststement
In shaping objectives for the year and planning activities, the trustees have considered the Charity
Commission's guidance on public benefrt, including the guidance'public benefrt: running a charTty IPD21' The
achievements and activities above demonstrate the public benefit arisin8 throu8h the Charity's activities.
FINANCIAL REVIEW
The Statement of Financial Activities shows a net Surplus of £181,52512020= £69.0121 for the year, resuhing
in Reserves standing at £808,8(N)12020-. £627.2751 at 31 December 2021.
The chartty has three key income streams.'111 donations from meditation courses and buddhist teachings
which received donation5 of £162,797 in 2021,121 other donations. grants and membership fees whith
ceived donations of £266.518 in 2021- and131 facility rentaL% which hall irKome of £58,338 in 2021. In
addition to this. other income receNed in 2021 was £28.825.
During 2021, a total of £65,512 was invested in additional assets for the improvement of the building and for
new equipment and fixture5.
The financial position of the charity as at 31 December 2021 reMaI￿d healthy.
ReseNes Policy
The Directors consider it prudent to maintain an adequ*e balance of unrestrirted funds to cover the
Chariws contractual commitments.
The Directors consider that the Charl￿S reseryes will enhance the ser¥ices provided and provide financial
security for the future.
The re5erve5 poliry of the charity is to endeavour to hold 6 months. wnning costs in free unre5trirted
reserves. As at 3tst December 2021. the unrestritted reserve5, not desienated and not held as fixed assets,
were £230,260. This represent5 over 8 months running costs. The charity c105ely monitors the level of
reserve5 and ensures that these are maintained by the use of good management and financial controls.

JAMYANG BUDDHIST CENTRE
DIRECTORS. AND TRUSTEES. REPORT (Continued)
FOR THE YEAR ENDED 31" DECEMBER 2021
Investment Pgwers and Policy
Under the Memorandum ènd Articles of Association. the charity has the powerto make any investment which
the trustees see fit. The trustees have considered the most appropriate policy for investing funds and have
found that osh deposits meet their requirements to generate income.
STRucfuRE, GOVERNAPKE AND MANAGEMENT
Governing Document
Jamyang Buddhist Centre Ithe wortl 'Limited' being omitted by licence from the Board of Trade) is a Company
Limited by guarantee and not having capital divsded by shares. The charity was incorporated on 19th October
2004 and commenced actNity on 1st January 2C#J5. The company wa5 re8isteretl as a charity on 16th
November 2CIM under Registration Number 1106802 and the company registration number is 05264030.
Recruitment and AppoiThtmeiit of Trustees
As set out in the Articles of Association the chair of the trustees is nominaied by the other trustees. The
Dirertors of the Organisat￿n are alsothe chèrityirustees forthe purposes of charf(y law. The Board of Trustees
have the power to appoint additional Trustees as it considers fit to do so.
The Trvstees have no beneficial interest in the company other than as members. The Trustees are also the
directors of the company. All of the Trustees are members of the company and guarantee to contribute £1 in
event of winding up. The Board has the powerto appoint additional Directors.
Trustee Induction and Training
The Trustees maintain a good working knowledge of charity and company law and best practi￿ by regular
reading of charity press articles and scrutinyof Companies House, Charity Commission. other Government and
voluntary organisation advisory websites. New Trustees are gwen copies of the Memorandum and Articles of
Association and copies of previous years. minutes and attend an induction session given by an experienced
Trustee. Safeguarding training is now offered bi-annually together with bi-annual Safeguardin8 Practice
Groups.
Or8anisation
The trustees of the company meet quarterly as a Board, but have a150 Set up a range of sub-groups, which
meet with the Director between Board meetings. This includes Finan￿, Education and Safeguardin8
Committees. The Director carries responsibility for the executive management of the charity and for the line-
management of the staff team, which during 2021 included a Resident teacher and six other staff, assisted bv
full and part-time volunteers.
Risk Mana8ement
The trustees have a risk management strategy whith comprises:
An annual review of the ri%ks the charity may face,.
The establishment of systems and procedures to mitigate those risks identified in the plan:
Implementation of procedures designed to minimise any potential impart on the charity should those
risk5 materialise.

JAMYANG BUDDH15f CENTrE
DIREcfoRS' AND TRUSTEES. REPORT Icontlnued)
FOR THE YEAR ENDED 31st DECEMBER 2021
Related Parties
The charty has a close relationship with Courthouse Community Centre Iprevk)usly Compassion in Action.
London) a company incorporated in England. company number 3796662. which is closely connected by way
of its directors I trustees.
Jamyang Buddhist Centre is affiliated with the Foundation for the Preservation of the Mahayana Tradition,
Inc., a California non-profit reliEi¢)us Cor￿ration. The Affiliation Ag￿ernent came into effect on 5th July 2010.
REFERENCE AND ADMINisfRATIVE DEfAIIS OFTHE CHARITY. ITS TRusfEES AND ADVISORS
Charlty number:
1106802
Company number..
05264030
Registered office & operational address:
The Old Courthouse. 43 Renfrew Road, London SEII 4NA
Current OirertOf5 and Trustees:
Ali50n Murdoch Icharity Chairl
Robin 8ath
Erik Rinner
Andras Kondor
Jan Andresen
Keval Shah
Nikolaus Holzinger
Pempa Samuels
Appointed 1410312018
Appointed 1911012(M)4
Appointed 1410312018
Appointed 1010312019
Appointed 1010312019
Appointed OV0812020
Appointed 3010112022
Appointed 3010V2022
Management Team:
Fabienne Pradelle- Executive Director,
Kamlo Chen-Duffy- Spiritual Programme C¢>ordinator
Paul Wells- Operation5 Manager
Banke￿.
CAF 8ank LimTted,
Kings Hill, West Mallin& ME19 4TA
IDdependent Examiner:
Lewes Accountsncy and Tax Services,
Ila Southover High St￿et, Lewes, BN7 IHT.

JAMYANG BUDDHIST CENTRE
DIREcfoRS' AND TRUSTEES, REPORT Icontinued)
FOR THE YEAR ENOED 31st DECEMBER 2021
Trustees, responsibilities in relation to the financial ststemert
The Trustees (who are also directors of Jamyang Buddhist Centre for the purposes of company lawl are
responsible for preparing the Annual Report and the financial statements in accordance with applicable law
and regulation.
Company law requires the Trustees to prepare financial statements foreach financial year. Underthat law the
Trustees have elected to prepare the financial statements in accordance with United Kingdom General
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the Trustees must not approve the financial statements unle55 they are satisfied that they
give a true and fair view of the state of affairs of the company and of its income ènd expenditure for that
period. In preparing these financial statements. the Trustees are required to..
select suitable accounting policies and then apply them cons1sterrt￿,.
obserwe the methods and prinaples in the Charities SORP-
make judgements and estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed, subj'ect to any material
departures disclosed and explained in the financial statements:
prepare the financial statements on the going concem basis unless it is inappropriate to presume that
the charitable company will continue in busin￿$.
The Trustee5 are responsible for keeping adequate accountin8 records that are sufficient to show and explain
the companVs transactions and disclose with reasonable accuracy at any time the financial position of the
company and enable them to ensure that the financial statements comply with the Companies Act 2W6. They
are also responsible for safeguarding the assets of the company and hence for taking reasonable steps forthe
prevention and deteclion of fraud and other irregularities.
The Trustees are responsible for maintenance and integrityof the torporate and financial infomiation included
on the charitable company's website. Legislation in the Unfted Kingdom governing the preparation and
dissemination of financial statements may differ from legslation in other jurisdiction5.
APPROVAL
This report was approved by the Board of Directors and Trustees on 10 June 2022 and si8ned on its behalf..
Alison MLrrdoch- Chair

INDEPENDENT EXAMINEWS REPORT TO
THE TRUSTEES OF JAMYANG BUDDHIST CENTRE
I report on the accounts of the company for the year ended 31° December 2021, which are set out on page5
9t021.
Respective responslblllties of trustees and examlner
The trustees Iwho are also the directors of the company for the purwses of company lawl are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 20061.the 2006
Act").
The charrvs trustees consider that an audit ts not required for thrs year under Part 16 of the 2006 Act and
that an independent examination is needed as the companls gross income exceeded £250.000.
l am qualffied to undertake the independent examination by bel￿ a qualrfied member of the Institute of
Chartered Accountants of Ireland. It s my respon5ibilrty iO-
examine the accounts under sertion 145 of the Att.
to follow the procedures laid down in the genernl Directions grrfen ty the Charity Commission (under
section 145lSllbl of the Charities Act. and
to state whether particular matters have come to my attention.
Basi5 of independent examiner's report
My examination vlas carried out in accordance with general directbons gNen by the Charity Commission. An
examination includes a review of the accounting records kept bythe charity and a Compar￿On of the actounts
presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts, and seekin8 explanatKins from the trustees concernin8 any suth 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 whetherthe accounts present a'true and fairf 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 material matters have come to my attention which gives me cause to
believe that in, any material ￿Spect..
accounting records were not kept in accordance with section 386 of the Cornpanies Act 2006: or
the accounts do not accord with such records: or
the accounts do not comply with relevant accountin8 requirements under section 396 of the
Companie5 Act 2006 otherthan any requirement that the accounts give a 'true and fair. view which 15
not a matter considered as pèrt of an independent examination- or
the accounts have not been prepared in accordance with the Charitie5 SORP IFRS1021.
I have no concems 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.
Q).16L
EAMON WALSH FCA. cfA
CHARTERED ACCOUNTANT
LEWES ACCOUPKANCY AND TAX SERVICE5
Ila SOUTHOVEII HIGH STrEET
LEWES. BN7 IHT
10 June 2022

JAMYANG BUDDHIST CENTRE
STATEMENT OF FINANCIAL AcrivmES
FOR THE YEAR ENDED 31° DECEMBER 2021
SUMMARY INCOME AND EXPENDITURE ACCOUNT
Unrestrirted Restricted
Fund5
Funds
Total
2021
Total
2020
Notes
Income
Donations and legacies
Income from charitable activities
Income from trading attivities
Investment Income
Total Income
317.199
4.725
82,438
28
404.39)
112.116
429,315
4.725
82,438
28
516.506
240,657
4,591
86,397
143
331,787
112,116
ExpendltuTe
Cost of raisine funds
Expenditure on charitable activities
Total Expenditure
71,463
236.877
308,340
71.463
263,518
334,981
66,763
196,012
262,775
26,641
26.641
Net in¢ome/{expenditurel and
net movement in fvn(ts forthe year
96.050
85.475
181,525
69,012
Reconciliotion offunds
Total funds. brought fonmard
Total lunds. carried forward
380,169
476.219
247,106
332.581
627.275
808,800
558.263
627.275
The Statement of Financial Artivities also complies Wlth the requirements for an inciime an(J expenditure
account under the Companies Act 2￿6.
CONTINUING OPÉRATIONS
None of the company's artNitie5 were acquired or discontinued during the above financial periods.
TOTAL RECOGNISED GAINS AND LOSSÉS
The company has no recognised gains or losses other than the above mvement in funds for the above two
financial periods.
The notes on pages 11 to 20 form part ofthese accounts.

JAMYANG BUDDH15T CENTRE
BALANCE SHEET
AS AT 31" DECEMBER 2021
2021
2020
Notes
FIKed assets
Tanghble assets
li
427,748
402,174
Current assets
Stock
Debtors
Cash at bank and in hand
12
2.600
13,009
277.503
293,112
3,139
409,960
415.699
Liabilities
Creditors falling due within one year
14
34,647
68.011
Net Current Assets
381.052
225,100
Net Assets
808,8
627,275
The funds of the fharlty
Unrestricted Funds-
General
Designated
Restricted Funds
15
15
15
419.219
57,0
332,581
323.169
57,OCKI
247.106
Total charity ￿ndS
808.8CK)
627,275
For ihe financtal pericxl ended 31" December 2021 the company was entitled to e¥emptKin from audit under
Section 477 Companies Act 2LX16. No memberof the company has deFX)Sited a notice, pursuant to section 476.
requiring an audit of these financial statements under the requirements of the Companies Act 2￿6.
The directors acknowledged their responsibilities for ensuring that the company keeps accounting records
which comply with Section 386 of the Act and for p￿parIng financFal statements which give a true and fair
view of the state of affairs of the company as at the end of the financial period and of its profit or ioss for the
financial period in accordance with the requirements of Sertion 394 and 395 and which otherwise compty with
the requirements of the Companies Act 2Lb)6 relating to accounts, so far as is applicable to the company.
These financial Statements have been prepared in accordance with the proV￿lonS applicable to companies
subject to the small companies, regime within Part 15 of the Companies Act 2￿6.
These accounts were approved by the Board of Trustees on ioth June 2022 and were 5i8ned on its behalf by-
Alison Murdoch- Chair
Company number 05264030
The note5 on pages 11 to 20 form part of these accounts.
io

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNrs
FOR THE YEAR ENDED 31" DECEMBER 2021
AccouKnNG pouaES
The principal accounting policies are summarised below. The accounting policies have been applied
consistently throughout the period and in the preceding year.
Basis ol preparati<￿ of accounts
The financial statements have been prepared in attordance wrth Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charitie5 preparing their accourtts in accordance with the
Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20201
Charity SORP IFRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 and the Companies Act 21X)6.
Jamyang Buddhist Centre meets the definIt￿n of a public benefrt entity under FRS 102.
The financial statements are prepared in sterlin& which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The accounts Ifinancial statements) have ￿en p￿pared under the historical cost convention WTth items
recognised at cost or transaction vèlue unless otherwise stated in ihe relevant notelsl to these accounts.
In¢ome re¢o8nition
Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to
the itemlsl of income have been met. it is probable that the income will be receNed and the amount can be
measured reliablv.
Income received by way of grants. donations and legacies are included in full in the Ststemenl of
Financial Activitie5 when retsived, unless they relate to a specified future period, in which cèse
they are defer￿d.
Legacies entrtlement is taken as the earlier of the date on which either= the charity is aware that
the probate has been granted. the estate has been finali5ed and notification has been made by
the exetutorlsl tothe Charity that the distributi￿ Is made, orwhen a distribution 15 received from
the estate.
Ibl
Income from charitable activities ￿e1Ved by way of revenue grants and donations are credited
to restricted incoming resources on the earlier date of when they are received or when they are
receivable. unles5 they relate to a specified future period, in which case they are deferred.
Grants and donations of a general nature which are not conditional on delivering certain levels of
service are included as part of Grants, OonatK)ns and Legacies as shown under Note 2.
Performance-related grants and donations which have conditions for a Specif￿ outcome are
included as Income from Charitable Artivities as shown in Note 3.
Capital grants for the purchase of fixed assets are credited to restricted incoming resources on the
earlier date of when they a￿ receive(J or receivable. Depreciation on the related fixed asset5 IS
charged against the restrirted fund.
Income from charitable activities includes income recognised as earned las the related goods and
services are provided) under contract. in the fomi of training income.
Rental income is credited to income in the year in which it is ￿te1vable.
Shop income is recognised as eamed (that is. as the related goods are provided).
Investment income ￿ included when receivable.
Ihl
li

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS (Continuedl
FOR THE YEAR ENDED 31# DECEMBER 2021
Volunteers and donated servi￿$ and faalities
Donated professional services and donated facilTties are recognised as incoffle when the chartty has control
over the item, any conditions a550ciated with the donated item have been met. the receipt of economic
benefitfrom the use bythe charity of the item is probable and that economrc benefit Can be measured reliably.
In accordante with the Charities SORP IFRS 1021, the general volunteer time is not ￿COgnISed and refers to
the trustees, annual rewrt for rnore infomiation about their contribution.
On ￿CeiPt, donated professional seryrces and donated facilities are recognised on the basis of the value of the
gift to the tharity which is the amount the charity would have been willingto pty to obtain services orfacilities
of equivalent economic benefit on the open market. a corresponding amount 15 then recognised in
expenditure in the period of receipt.
Preparation ot accounts on a 8oin8 ¢oncem basis
The Charity's Financial Statements show net surplus of É181.525 for the year and free reserves of £230,260.
The trustee5 are of the view that the Charity will be able to secure funding for the next 12 to 18 months and
on this basis, the Charity is a going concern.
Expenditure recognltlon and irrec¢>verable VAT
Expenditure is ￿cOgnised once there is a legal or constructive obligation to make a payment to a third party.
it 15 probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is classrfied under the following activity headings:
al Cost of raisin8 funds comprises the costs associated with facility rentab and the costs of seeking
donatrons and legaaes, membership servKes and other fundraising actbvities and their associated
support costs.
bl Expenditure on charitable activitres intludes the costs directly associated wrth holding classes, events
and running a Buddhist Centre. to further the purposes of the Charty and their a550ciated 5UPPOrt
CQSts.
Irrecoverable VAT is charged as a c05t against the artNity for which the expenditure was incurred.
Allocation of support costs
Support costs are those functtons that assist the work of the charity but do not directty undertake charitable
attivitie5. Support costs include back office costs, finance and administration personnel, payroll and
governan￿ costs which support the Charivs programmes and activitbes. These costs have been allocated
between cost of raising funds and expenditure on charitable artivities. The basis on which support costs have
been allocated is set out in note 7.
Funds strtscture
The general fund comprises those monies which may be used toward meeting the charitable objectives of the
company at the (liscretion of the Management Board.
The desienated funds are monies Set aside out of general funds and designated for specrfK purposes by the
Management Board.
The restricted fund5 are monies raised for. and their use re5tritted to. a specifK purpose or donations subjett
lo donor imposed conditions.
12

JAMYANG BUDDHisf CENTRE
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31" DECEMBER 2021
Tangible Fixed Assets
Tangible fixed assets lexcluding investments) are stated at cost less depreciation. The cost of minor addith)ns
or those costing less than £5LKI are not caprfialised. Depreciation is provided at rate5 calculated to write off the
cost or valuation of fixed assets. less their estimated residual value. over their expected useful live5 on the
following bases:
Freehold larKI
Freehold buildings
Fixtu￿$, frttings & equipment
A part olthe buildingowned and occupied byjamyang Buddhist Centre is rented (Mjt to indrviduals. The Charitv
has decided not to recognise the rented portion of the buildin8 at market value, as required by SORP 2017
IFRS 1021 as it considers it is impractical to obtain a market value forthat part of the building.
not depreciated.
year5.
4 years.
Stock
Stock is shown at the lowerof cost and net realhsabk value. Stock consists of shop Stock.
1.10 Debtors
Trade and other debtors are ￿CogniSed at the settlement amount due after any trade discount Offe￿d.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.11 Cash at bank and in hand
Cash at bank and in hand includes cash and Short term cash deposits.
1.12
Creditors and provisions
Creditors and provisions are recognised Whe￿ the charity has a present obligation resulting from a past event
that will probably result in the traTr5fer of funds to a third party and the amount due to settle the obligation
can be measured or estimated reliab￿. creditors.and provIs￿n$ are normally recognised at their settlement
amount after allowing for any trade discounts due.
1.13 Financial instruments
The Charity onty has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are inttially recognised at transaction value and subsequently measured at their
settlement value with the exceptton of bank kjans which are subsequentty measured at amortised cost U5inB
the effective interest method.
1.14 Taxatl¢)n
The Charity is a regISte￿d charity and. therefore. is not liable for Income Tax or Corporation Tax on income
derived from its charitable activities. as it falls within the various exemptions available to registered charities.
1.15 Penslon costs
The charity operates a contributory defined contribution pension scheme, the assets of which are held
separately from those of the charity. Pension costs are charged to the SOFA in the period to which they relate.
13

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31A DECEMBER 2021
1.16 Judgement and key sources of estimation uncertainty
In the application of the compan￿$ accounting policies, the charity is required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilitie5 that are not readily apparent from other
sources. The estimate5 and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are ￿¢08n1$ed in the period in which the estimate is revised where the revisk)n affects only that
period, or in the period of the revision and future periods where the revishjn affetts both t￿r￿nt and future
periods.
1.17 Cash ftow statement
The charitable company qualifies as a small company and advanta8e has been taken of the exemption
provlded by SORP IFRS 1021 as amended by Bulletin l. not to prepare a cash flow ststement.
GRANTS. DONATIONS AND LEGACIES
Unrestricted
Funds
Restrirted
FUTMIS
Total
2021
Total
2020
Grants for Covid Support
Grant for Building Renovation
Other Grants and Donations
Donations in Kind
Membership fees
Education donath)ns: Basic Program
Education donations.. Exploring Buddhism
Education donations.. Science and Wisdom
Education donations: Other Pro8rammes
25.286
6.250
80.180
8,736
33.950
79,070
17.502
22.047
44.178
317.199
25.286
6.250
192,296
8,736
33,950
79.070
17,502
22,047
44.178
429,315
49.541
18.750
77,531
112.116
26,024
40.869
906
27,036
240.657
112,116
The donations and legacies in 2020, totallin8 £240.657. were attributed to £213,7f￿ unrestricted funds and
£26.897 restricted funds.
INCOME FROM CHARITABLE AcnvmES
Total
2021
Total
2020
Funds
Funds
B¢)okshop income
Cafe income
691
4.034
4,725
691
4,034
4,725
1,209
3.381
4.591
The income from tharitable actNities in 2020. totslling £4.591, was attril)uted to unrestricted funds.
14

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31M DECEMBER 2021
INCOME FROM OTHER TRADING AcnvmES
Unrestfi(ted
Funds
Restrfcted
Funds
Total
2021
Total
2020
Rental income
Employers allowance and Fudough Income
Other fundraising income
58,338
7.825
16,275
82.438
58,338
7,825
16.275
82.438
56.561
28.122
1,714
86,397
The income from other tradin8 activtties in 2020. totallin8 £86.397. was attributed to unrestricted funds.
INVESTMEfrrr INCOME
Unrestrirted"
Funds
Reslricted
Funds
Total
2021
Totsl
2020
Interest on cash depjsits
28
28
28
143
143
The investment income in 2020 totalling £143 was attribjted to unrestfitted fund
ANALYSIS OF EXPENDITURE
R•Sslng Fund
Charitable A¢tl¥ltles
Raising Faallty
Education
E¥ents &
Community
Fund
Funds Rentsls Programmes Activities Activltiès Actl¥ltles
Total
2021
Total
2020
Staff Salaries and other
staff related costs
p￿rnIseS costs
16,301 16.886
63,711
41.941
7,111
145.950
114.991
918
9,185
6.123
9,185
2,143
27.554
23.972
Donations and offerin85
Other dir*rt costs
12.522
14,151
26.673
3.123
910
4.59]
4.5x1
3.169
9.218
22,478
22,053
Support Costs
(Note 71
Governance Costs
(Note ?)
5.163
20,651
30,977
41.302
5.163
3.272
106.528
91.024
290
1.160
23.582 47
1,739
107.141
2.319
IiiA60
290
17.876
5.798
334.981
7,612
262.775
26.641
Of the £334,981 expenditure in 2021 {2020= É262,7751. £308.340 was charged to unrestricted funds 12020-
£237.6511 and £26,641 to restricted fund$12020: £25.1241.
15

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31st DECEMBER 2021
ANALYSIS OF SUPPORT AND GOVERNANCE COSTS
The Charity initially identrfies costs of rts support functions. It then identifies those costs which relate to
the governance function. The governance costs and other support costs are apportioned separately between
the charity's four key actNities undertaken (see note 61 in the year. All the general support and governance
costs have been apportioned to the various charitable activities on the basis of staff time allocated to each
activity.
General
Support
Governance
Funrtlon
Total
2021
Total
2020
Staff salarie5 and other staff related costs
Premises costs
Communication and printin8
Insurance
Legal & professional fees
Bank and credit card charge5
IT and MIs￿lIaneOuS expenses
Depreciation
Independent examination
22,486
3.062
5.642
5,403
2.498
24.984
3,062
5.642
6,103
1.840
5,113
20,044
42,938
2.600
112.326
28.748
10,012
6,095
4,995
2.811
14.902
25,810
2.6th)
98.636
71x1
5,113
20,044
42.938
106.528
INCOME I (EXPENDITURE) FOR THE YEAR
Net movement in funds is stated after char8in8:
Total
2021
Total
2020
Depreciation of tangible fixed assets
Independent Examination
42,938
2,￿0
25.810
ANALYSIS OF sfAFF COSTS. TrusfEES REMUNERATION AND EXPENSES. AND COST OF KEY
MANAGEMENT PERSONNEL
Totsl
2021
Total
2020
Wages and salaries
Social security costs
Pension costs
Redundancy payment
140.819
9,780
2,381
112.264
6.140
4.102
4,680
127.186
152.980
No employee received remuneration in excess of £(￿,￿0 during the year.
None of the Trustees received any remuneration during the year 12020- £nill and no expenses were
reimbursed12020= £nill.
The key management personnel of the charity comprises the Executive Director and SPC. The total employee
benefits of the key management personnel of the charity were £56.59112020- £54,309).
16

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31" DECEMBER 2021
io.
STAFF NUMBERS
The average monthly number of stsff employed by the tharity during the year was as follows:
2021
Numbers
2020
Numbers
Director
Main Educatlon Program
Administration and support
The average monthly number of persons employed by the charity during the year was 8.512020- 61.
IL
TANGIBLE FIXED ASSETS
Total
2021
Total
2020
Net Book Value
Freehold land
Freehold property
Fixture5. Fittings & Equipment
58.000
289.261
80.487
427.748
58,0
293,129
51,046
402,174
Movements in the year
Openln
Balances
Closing
Balance
Cost:
Additions
Disposals
Freehold land
Freehold property
Fixture5, Fittings & Equipment
58,IXXI
347.985
132.762
538.747
58,OCK)
347.985
201,274
607,259
68.512
68.512
Openini
Balan¢es
Charge
For Year
Closing
Balan¢e
Deprect*lon:
Disposals
Freehold land
Freehold property
Fixtures, Fitting5 & Equipment
54,857
81,716
136.573
3.867
39,071
42.938
58,724
120,787
179,511
12.
srocK
Total
2021
Total
2020
Goods for Sale
2.600
17

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS IContinued>
FOR THE YEAR ENDED 31# DECEMBER 2021
13.
DEBTORS
Total
2021
r￿al
2020
Trade debtors
Gift Aid recoverabte
Other debtor5
Prepayment5
11,3611
4.SOO
12,4911
15.5
3.139
13,009
14.
CREDITORS: amowts fallng due within one year
Total
2021
Total
2020
Trade credito
Taxation and social security
Deferred income (see note 151
Other creditors
Attruals
34,812
1,896
27,503
1.21x1
2.6CW)
68,011
3,383
20,960
1,2(K)
34.647
15.
DEFERRED INCOME
Total
2021
Total
2020
Balance as at 1st January 2021
Amount released to income in the year
Amount deferred in the year
Balance as at 31st December 2021
27,503
124,0881
17,545
20,960
27.503
27.$03
The deferred income released in 2021 refers to Basic Program fees received in advance for the following
vear.
16.
PENSION COSTS
The pension cost charge represents contributions payable by the Charity to the fund and amounted to £2,381
12020: £4.1021.
Contributions totalling £nil12020'. Enill were payable to the fund at the yearend and are included in credito￿.
18

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS {Continued)
FOR THE YEAR ENDED 31st DECEMBER 2021
17.
MOVEMENT IN FUNDS
Balance at
01411.2021
Balance at
Expendlture 31-12-2021
Income
Restrlrted Funds.. CopitalFuftds with bolanees caniedfvnwrdos un4epredoted c05ts
8uilding Appeal
107.409
1,452
New Roof
125,950
1,702
Heating System
,702
118
242.061
3,272
105,957
124,248
8.584
238.789
Restrirted Funds.. OtherRestrirtedFunds
Lineage Project
Audio Visual Project
Website Project
COVID India 2021 Fund
Welcome Project (Roger Searle Leeacv)
1.978
1,574
1,493
15.685
3,871
1,574
1.493
14,151
2.280
23.369
13.792
14,151
82.280
112,116
80,000
93.792
Unrestricted Funds
Lama Zopa Rinpoche Designated Fund
General Funds
57.1XKI
323,169
380.169
57,0
419,219
476.219
404.390
404,390
308,340
308,340
Tetal Funds
627.275
516,506
334,981
808.800
DeKription. nature and pwpose of funds:
Restrirted Funds: Capital Funds with tsalan￿ carried forward as un4epreciated costs.
8uilding Appeal
Capital furKls received towards the cost of purchase of the freehold
building. The balance carried forward represents un-depreciated costs.
CapÈtal funds ￿¢ewed for a new roof. The balance carried forward
represents un-depreciated costs.
Capital funds received towards the improvements to the heating system.
The balance carried forward represents un-depreciated costs.
New Roof
Heating System
Restrfcted Funds: Other Restrirted Funds.
Lineage Project
Fund restricted for ho￿ objects for the main shrine room.
Audio Visual Project
Fund restritted for audiolvideo equipment for offering online teachings.
Website Fund
Fund restricted forwebsite development.
F.und restricted for Covid support in India.
Fund restricted for using Legacy from Roger Searle for the Garden Room
(part ofthe Wekome Project).
COVID India 2021 Fund
Welcome Project
(Roger Seade Legacy}
Deslgnatedfunds." Lama Zopa Rinpoche Designated Fund: Represents amounts thatthe Trustees have decided
to designate for the purpose of providing financial support for future year5.
General lunds: General funds represent fun(ts available to spend at the discretlon of the Trustees after
allowing for all the designated funds.
19

JAMYANG BUDDHIST CENTRE
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31# DECEMBER 2021
i&
ANALYSIS OF FUND BALANCES BETWEEN NET ASSETS
Unrestricted Desi8llated Ilestrirted
Funds
Funds
Funds
Total
2021
Total
2020
Tangible fixed assets
Net current Assets
188,959
230,260
419.219
238,789
93,792
332.S81
427,748
381,052
808.800
402,174
225.100
627.275
57,iNXI
57,LN)O
Tangible fixed assets included in Restricte(i Funds is comprised of the net book value of the following assets:
Total
Tolal
2021
2020
Freehold land
Freehold property
58,000
180,789
238.789
58,0(M)
184.061
242,061
19.
RELATED PARTY TRANSAcfioNS
Courthouse Community Centre:
During the year the Charity undertook the following transactions with Courthouse Community Centre, which
is closely connected by way of its Directors l Trustees-
Accommodation and faulities income feceivable £nil12020: £2,027>
Key Managernent PeThorbnel and Tn￿tee5
A member of the key management personnel paid the Charity rental of £6."(xKI12020= £6,000).
Trustees donatKins to the charity for the year totalled £5.85612020= £2.3301-
20