Trlratn• Buddhafleld
Charlty No, 1108826
Company No. 05157868
Trustees. Report and Un•udited Accounts
31 December 2024

TrlT•tn• Buddh•fi•ld
CONTENTS
Trustees, Annu•l R•port
Independ•nt Eximln•r's ft•port
Statement of FlTr•n¢l•l AttlvStl•s
8•l*n¢• She•t
Notss to the Accounts
Detailed St•tern•nt of Fln•nel•l Actlvltl•s
2to3
7t014
Page I

Trlratna 8uddhafield
TRUSTEES ANNUAL REPORT
The Trustees, who are also dlrectors of thè ch•rlty lor the purposes ol the Companie5 Act 2006,
present their report With the unaudlted ffnanclal st•tements of the charlty for the year ended
31 December 2024.
REFERENCE AND ADMINISTRATIVE DEfAILS
Company No. 05157868
Charlty No. 1108826
Re8lstered Office
Henleaze House
Business Centre
13 Harbury Road
Sheffield
BS9 4PN
Directors and Trustees
The Direcfors of the charitable Company are its Trustees for the purposes of charity law.
The following Directors and Trwstees served during the year-
W.L Bedford
G. Pearse
E. Tombs
J. Lyus
U. Boak
(resigned 05106/2025)
{resigned 29/03/20241
{appointed 29103/2024)
(appointed 29/03/2024)
(appointed 29/03/2024)
L. Conway
V. Ellis
T. Barnes
S. Burns
Accountants
Hele Kergozou Ltd
Lilac Cottage
The Street
Draycott
Cheddar
BS27 3TH
OBJEcnvES AND AcnvmES
The purpose of the charity as set out in its governing document dated 18 June 2004 is the advancement of
the Buddhist Religion.
The main activities undertaken in relation to those purposes consists of running retreats on our own land and
elsewhere and introduclng the practice of rnedltation and the teachin8s of the Buddha at other festivals.
Page 2

The trustees have given due eonslderatlon to the Ch•rlty Cornrnisslon'5 guidance on the public benefit
requirement and actlvitles are or8anlsed wlth thls In mlnd.
The Trustees are responslble for ke•pl￿ proper Iccountlng Tecofds that disclose with reasonable accuracy at
any time the financial posltion of the charlty and to enable them to ensure that the financial statements
comply with the Cornpinles Act 2006. The Trustees are also responsible for safeguardlng the assets of the
charity and hence t•king reasonable steps for the preventlon and detection of fraud and other ifregularitles.
The above report has been prepared In aecordance with the provlslons appllcable to companies subject to
the small companles realme as set out in Part 15 of the tompanies Act 2006 and in accordance with the
Charities SORP (FRS 102).
Signed on behalf of the bo
E. Tombs
Trustee
27 October 2025

Twlr•+thA Aibrtrth•ll•ld
Trlrntn• lJuddhill•ld
INDEPENDENT £XAMINtIl IIPORT
Ind•p•nd•nt Ex•mln•p'• Ilwrt to lh• trwt•M rf Trlr4tri• •uddh•ll•ld
I r•port to th• ch•rfty truth•i on rnv •x•mln•tlon ol th• •ccounts ol Trlratna Buddhifleld for the year ended
11 Dec•mb•r 2014 whl¢h compr1* lh• St•t•rn•ni ol Fln•nLlal Acllvltl•s. thv Summaiy IncomA lind
jxwndlturn Accourt th• ￿14Th￿ Sh•ot 4r￿ th• r•lat•d not•
• R•wwlbllltl•• Iftd rnport
Al tlie ti uste•5 of lh• ¢h•rltv l•nd ilw Iti dlr•cton lor Ihe purposes ol company law? you Jre'responslble lor
the prnp4r4tlon ol th• •cwuThts In •ttord•nc• wlth th• r•qulr•m•nts of th• Companl•s Art 2006 ('the 2006
H•¥1￿ sailsfi•d mys•W t￿t th• •ccounts ot the chrlty are not requlred to be audlted under Part 16 of the
IOC6 Act and Iro •118lbl• lor Indep•nd•nt •x•mln4tlon. I r•pbrt In r•spect of my examlnatlon of your
charlty's accounts •s c4rrl•d out under s•ctlon 145 of the Charltles Act 20221'the 2022 A¢t'). In carrylng out
my ex•rnln•tlon I hiv• follow•d th• Dlrectlons 8lv•n by the Charlty Commlsslon under sertion 145(5)(b) of
the 2022 ACL
I have completed my •xaMlnatlon. I can ¢onflrm that no materfal matters havè come to my attentfon In
connectton wlth the examlnatlon Ilvlng me cause to belleve thaL'
•c¢(￿ntIng records were not kept In accordan¢e wlth sectlon 386 of the 2006 Act ' or
the accoL*nts do not accord wlth those records; or
the accounts do not comply wlth the accountln8 requlrements under sectlon 396 of the 21AJ6 Act other
than any requlrement that the accounts Ive a *rue and falr, vlew whkh Is not a mattér considered as
part of an Independent examSnatlon; or
the accounts have not been prépared In accorthnce wlth the Charities SORP {FRS 102).
I have no concerns and have tome across M) other matters fn connectfon with the examlnatioD to which
attent5on should be drawft In thls report In orderto enable a proper understanding of the accounts to be
reached.
i J S Hele Kergou>u FCA
ICAEW
Hele Kergozou Ltd
Lilac Cottage
The Street
Draycott
Cheddar
BS27 3TH
271)ctober 2025

Trfratna Buddhafield
STATEMENT OF FINANaAL Acnvm
for the year ended 31 Decemb•r 2024
UnMtrkt•d
funds
2024
ft￿trIrt•d
tundi Totsl funds
2024
2024
Totsl fundi
2023
Not•1
Inwme ?nd •ndowm•nts
Donations and l•qaclos
Charltable activlties
Investments
5,767
165,056
57,275
1,746
291,325
54303
757
159.289
57,275
1,746
Totsl
218,310
5,767
224,077
346,385
Expendlture on:
Charitable acti￿tieS
300,636
18,S41
18.541
319.177
319,177
276,723
276,723
300,636
Net gains on investments
Net Incomel(expendlture)
Net income/(expenditure)
before other gains/(losses)
182.3261
{12,774)
195,100)
195,lOOj
69,662
69,662
{82.326)
112,774)
Other gains and losses:
Net movement in funds
(82326)
{12.7741
(95,100)
69,662
Reconaliation of funds:
Total fvnds brought forward
249,905
190,675
440,580
370,918
Totsl funds carrled fO￿ard
167.579
177,901
345,480
440580
Page 5

Trlratna Buddh•fl•ld
8AiANCE SHEEr
•t 31 Dec•mbor 2024
1024
Flxed assets
T•ngible •ss•ts
Inveslments
119,844
200
123.784
2fy)
12
CurY•nt •ss•ts
Debtors and pr•p•yments
Cash ai bank and In hand
13
91.528
145.(M
88A62
246,814
236.532
(11,0961
225.436
335J76
I18￿
316596
CrnI1￿. Amount falllni due wlthln on• y••r
14
Tot•1 assets less curront Ihbllttles
345.480
Net assets axdudlw penslon asset or Ilablllty
Totsl net assets
345,480
345,480
The luftds ol the tharlty
Restrlcted funds
Restri.Xed income funds
177.901
177.901
19).575
I￿675
UnTestrktd funds
General fund5
167579
249.￿5
167,S79
249.YYJ
Tatal funds
345.480
Thve ¥C<￿nIS have been prepared In i￿Ordance with the specl•l provisions of P•rt IS of th
COMp•n￿ Art 2(￿ rn1all￿ to small com￿nI*> For the ye•r ended 31 Decernb•r 2024 the cornp
was to •x•nptton und•r sKdon 477 of th• Comp•nl•s Act 2(XKS rela11￿ to srn•l:
The rn•n*ws I￿¥¢ not r•qulr•d th¢ ¢omp•ny to obtaln •n •udlt in •ttord•nc• s•rtion.476 01 th•
The ¢*'r•d*Xi acknowl•dv th•lr v•iponslbMiil•s lor ¢ornplylni whh th• r•quii•rn•nls of th• CoM￿ni•S kt
2(K6 ¥Ath r•wt to r•cordi •nd ih• pr•p•f•tr'on ol a¢¢ounl&
App¢tr4•d bv th• bo•rd 27 Odob•f 2015
And w•d on rt• b•h•ll ￿.
E. T¢)rn
Trurt••
PWAI?
Pag• 6

Trlr•tn• Buddh•fi•ld
NOTES TO TrE ACCOUNTS
for the year •ndod 31 D•t•mb•r 2024
l A¢countln8 polld•s
asls of pr•p•ratlon
The flnanclal stat•m•nts hw• b••n prep•rod In accordance wlth Accountlng and Reportln8 by Charities:
Statement of R•comm•nd•d Pf•ttic• •ppllt•bl• lo charlttes preparing thelr accounts in accordance with
the Financl41 Reportln8 St•ndard appll¢•ble In the UK and Republic of Ireland (FRS 1021 leffective I
January 2015) - (Ch•rltl•s SORP (FRS 10211. Iho Flnanclal Reporttng Standard applicable in the UKand
Republic of Ir•land (FRS 102) •nd the Com￿nIeS Act 2006.
Ch•n8• In b•sls of •ccountlni or to pr•vlou$ •ccounts
There has been no ch•nq• to the *¢countln8 policles Ivaluatlon rule5 and method of accounting) since
last year and no chan8es have been made to accounts for previous years.
Fund •ccouThtlni
Unrestricted funds These are avallable for use at the dlscretlon of the trustees in furtherance of the
8eneral objects of the charlty.
These are unrestrirted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reserve representin8 the
restatement of investrnent assets at their market values.
These are available for use subjert to restrictions imposed by the dorM)r or thro
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
inconie
Income is included in the Statement of Financial Activities (SOFA) when the charity
becomes entitled to, and virtually certain to receive, the incorne and the arnount of
the incorne can.be measured with sufficient reliability.
Income with related Whete income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOF
Donations and
legacies
Voluntary income received by way of grants, donations and gffts is included in the
the SOFA wlyen recelvable and only when the Charity has unconditional
entltlement to the income.
Tax reclaims on
Income from tax reclairns Is Included in the SOFA at the same time as the
donarions artd glfts 6ift/donatfon to which it relates.
Donated servlces
These are only Included In Income {wlth an equivalent amDunt.n expenditure)
and facllities
where the benefit to the Charlty is reasonably quantlfiable, measurable arKI
rnaterial.
Volunt•er help
Th• value of any volunteer help recelved Is nol Includ￿ in tho •ccounts.
Investrn•nt Income Th1515 In¢lud•d In the accounts when r•ceiv•bl•.
GalnsAlosses) on
Thls Includ•• any i•ln or lom r•wltlnq frorn r•V•lu1￿ Inv•stffl•nts to market v•1
Tev•lu•tton of Ilx•d •t th• •nd of th• y••r.
assets
Gains/llosg•5) on
Investrnent ass•t•
Expendltur•
Recognltlon of
expendSture
Thli Includ•s •ny i•ln or lois on th• s•1• of Inv•stm•nt&
Exp•ndltur• Is r•¢oonli•d on an ac¢ru•l¥ b•sls. Expendlture Includes •ny VAT
whlch cannot b• fully r•¢ov•red. •nd 1$ reported •s p•rt of the expenditure to
whlch It r•l*t•s.
Page 7

Trlratna Buddhalleld
NOTES TO ThE ACCOUNT5
ExpendSture On
raising funds
Expendlture on
charitable •¢t5vltl
These comptls• the colts •ssoclAt•d ￿th attr•ctln8 voluntary income, fundralsing
tr•dlni colts and Investrnenl management costs.
Th*s• cornptls• lh• tosls Incijrred by the c.harity In the dellvery of Its actlvTtles and
>•rvlc•s In th• fvrth•r•nc• of lig obl•cts, intlijdini the makini of grants and
eov•rn•ne• costs.
All irlnt •xpondllur• li •ttounted for on Jn actual paid b8sls plus an acuual for
8r•nts thii h•v• b••n •pproved by the trustèes it the end of tli• year but not yet
p•ld.
Govern•nce costs Th•5• Includ• tho* tostj 05soclated wlth meettng the constitutlonal and stalutory
r•qulrem•nt5 of the Chirlty, Includlng any audlt/independent ￿aMinatIOn fees,
tosts Ilnked to th• str•t•ilc m•na8emenl of the Charity, together wtth a gharé of
other adminlstratlon costs.
These •re support costs not allocated to • partltular a£tlvlty.
Grants pay•bl•
Other expendlture
Tu•tioft
The charity is exempt from corporation tax on Its charltable actlvitles.
Tanghk f￿ed •￿ets deprncl•llon
Depreciation is provided at the followln8 annual rates in order to write off each asset over its estimated
useful lrfe:
Motor Vehicles
25% Straight line
Freehold agricultural land Is owned by the charity and used for holding Retreats and other
event
Freeho￿ investment property
InvestD)ent properties are revalued annually and any surplus or deficit is dealt with through the
Statement of Financial Activitie5. No depreciation is provided in respect of investment propertie&
This treatment conflirts with the requirements of the Companies Act 2006 that all properties should be
depreciated. The directors conslder that, because tHese properties are not held for consumption, but for
their Investrnent potential and wlll not decrease in value that the values in the accounts at cost live a
true and fair view.
Stock is Included at the lower of cost or net reallsable value. Donated Items of stock are recoenised at
fair value which Is the •rnount the charlty would have been wllllng to pay for the Items on the open
Page 8

Trade and oth•r debtors
Trade and other debtors •re r•coinls•d •t th• s•ttlqm•ni •mounl due after any trade discount offered.
Prepayments are valued •t th• •mount pr•pald n•t of any ti•de dlicounts due.
Cash and c•sh •quh•l•nts
C•sh •nd tash equlval•nts eomprls• rash •t b•nk and on hind. demand deposits wlth banks •nd other
short-term hl8hlv Ilquld Inv•stments wlth orliln•l maturltles of three months Of less and bank
overdr4fts. In the stat*ment of ftnancl•l posltlon, bank overdrjfts #re shovln Within borrowlngs or
current Il•bllltle&
Tr•de •nd other crodltors
Short term credltor5 are me•$ur•d at the tr•nsJctlon prlce. Other credltors and provlsions are
reco8n15ed where the ch•rlty has a prèsent obllgatlon rèsultlng from a past event that will probably
result in the transfer of fvnds to a thltd party and the amount due to settle the obligatlon can be
measured or estimated rellably. Creditors and provislons are normally recognised at their settlement
amount after allowln8 for any trade discounts due.
Researth and development
Expenditure on research and development Is wrltten off In the yearfin which it is incurred.
Forelgn (￿rrende$
Monetary assets and liabllities denominated in currencies Other than the functional currency of the
charity are translated at the rates of ex¢han8e Prevalling at the end of the reporting period.
Transactions in currencies other than the functional ¢Uffency of the charity are recorded at the rate of
exchange on the date that the transaciion occurred.
All exchange differences are are taken into account in.arwivin8 at net incornelexpenditure.
Lea5Ld assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease 15 treated as a finante lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified
as operating leases.
Assets held under fTnance leases are initially recognfsed as assets of the charity at their falr value at the
inception of the lease or, if lower, at the present value of the mininlum lease payrnents. The
corresponding liability to the lessor is included in the balance sheet date as a fi'nance lease obligation.
Lease payments are apportioned lietween finance expenses and reduction of the'lease obligation so as
to athieve a constsnt rate of interest on the remaining balan￿ of the Siability. Flnance expenses are
recognlsed immediatelyi unless they are dirertly attributable to qualifylng assets, In whl¢h case they are
capitalised In aC￿rdanCe with the charlty's poIiLy on borrowlng costs.
Assets held under finance leases are depreclated in the sarne way as ovmed assets.
Operatlni lease payments are recognised as •n expense on a straight-llne basls over the lease term.
In the event that lease Incentlves are received to enter Into operatln8 leases. such inc•ntives •re
recognised as a Ilablllty. Th• I￿r￿at• benefit of Inc•ntlves Is reco8nlsed as a redurtlon of rental
expense on • straight-llne basls.
Page 9

Pension costs. The charlty operates a doflned contrlbutlon plan for Its employees. A deflned contrlbutlon
plan is a pension plan under which the company pays flxed contrlbudon5 Into a sep•r3te enibty. On¢• th•
¢ontrlbutlons have been pald the company has no further payments obllgatlons. The contrlbudons ar•
recognised as expenses when thev fall due. Amounts not pald are shown In accruals In the b•l•nce sh••t.
The assets of the plan are held separately from the company In Independently admlnistered fundi.
Company status
The company Is a private wrnpany Ilmlted by 8uarantee and consequently does not have share c8plt•l.
3 Statement of Flnanclal Actlvltses- prlor year
Unrestrlcted
fvnds
2023
Restrfcted
funds T4rtal fund•
2023 '
2023
Income and endowments from:
Donations and legacies
Charitable activities
Investments
283,794
54,303
757
7531
291,325
54,303
757
Total
338,854
7531
346,385
Expenditure on:
Charitable activities
265.726
10,997
276,723
Total
265,726
10,997
276.723
Net income
73,128
13,466)
69,662
Net income before other
gains/(losses)
Other galns and10sses:
Net movement In fvnds
Reconciliation of funds:
Total funds brought forward
Totsl funds carrled forward
73,128
13,466)
69,662
73,128
{3,"466)
69,662
176,777
. 194,141
370,918
249,905
190,675
440.580
Page 10

Total .
2024
Total
2023
Unr•thlrt•d
estrfcted
S•nith￿ Ptoi•¢t Lid. **nts
ori*nis•r and Buddhafiold
Tr￿1￿ Ltd
Gift Aid t•X Tttel¥od
Lar￿ St*w•rd5hlp
GrInt￿ N•tlon•l Loltery
General
201,627
108,332
108,332
5.993
5,993
18.036
1500
43.464
159,289
1,500
61,712
165.156
9,950
61,712
291.325
5,767
5,767
Unrefyicted
Totsl
2024
Total
2023
Retreats •nd e¥ents
Other
55.475
52,350
1,953
54.303
52?50
1,9S3
54,303
57,275
Unrertricted
Totsl
2024
Total
2023
1.746
1.746
757
757
Bank Interest
757
757
Totsl
2024
Totsl
2023
Retreats •nd ertits
Staff costs
Donatiom and ernnts
Other
57,958
187.426
57.958
187,426
61￿55
154.738
5.220
54,001
50.232
18541
68.773
Support Costs
Office supplies
Irrflepéndent Examlner fee
2.010
975
2,010
975
35
1.334
975
35
3QO.636
100
18541
319.177
276.723
P•p 11

8 Analysls of Krants ,
Actlvlty or pro8r•mm•
Tot•1
2024 '
Total
2023
Tlratanaloka
3,000
Trlritna Ch•lrs Assemblv
Other
2,OlXI
2,105
2,000
5,220
9 Trustee remuneratlon and expen￿$
One or more of the trustees has beerfpaid remuneration in the current or prior perlods.
Other ,
benefits
Trustee
Remuneration
Pension
E. Tombs
G. Pearse
L Conway
J. Lyus
T. Barnes
9,340
9,6(H)
625
6,405
18,000
J9
540
2)23
17
"14
One or more of the trustees has been paid expenses in the current or prior periods.
2024
. Number
2023
Number
Number of trustees paid expenses
The nature of the reimbursed expenses
Travel, traininE• publicity
expenses
Total expenses relmbursed to trustees
643
116
Staff costs
No employee reeelved emoluments In excess of £60,000.
Page 12

11 Tan8lble flxed assets
Land and
bulldlngs
Motor
Vdhlcles
Total
Cost )r revaluaiion
At l January 2024
RevÈrsin8 additSon
At 31 December 2024
Depreclatlon and
Impalrment
At l January 2024
Depreciation charge for the
year
At 31 December 2024
Net book values
At 31 December 2024
At 31 December 2023
12 Investments
119,034
11,4401
. 117.594
117,594
io,wo
129,034
11,440)
10,000
127.594
5,250 .
5,250
2,500
2500
7,750
7,750
117,594
119,034
2,250
119,844
123,784
Investment
Subsidiaries
Total
C05t or revaluatlon
At l January 2024
200
At 31 December 2024
Net book values
At 31 December 2024
At 31 December 2023
Investment in Subsidiaries
The company has the following subsidiary undertakings:
200
200
200
200
200
200
Capltal and
. reserves at
end of the
Profftl(10ss1
for the
relevant
aass of shares % age
held of share5
relevant
Name of company
held
year
year
Samaya Project Ltd
Buddhafield Trading Ltd
31112124 Ordinary
31103124 Ordinary
loo
63,040
6.957
5,256
(77)
loo
Page 13

13 Debtors:
amounts falllng due within one year
2024
2023
Other debtors
Prepayments
91528
88,462
91.528
88,462
14 Cr•dltor&'
amoupts fallini du• wlthin one ye•r
Other credltor5
Poye
Accruals and deferred Intome
9,407
714
975
11,096
17,7(5
975
18,680
15 Movoment In fvnds
01101124
Incomlni
Resources
Rewrces
Expend•d
3111212A
Restrktod fvnd
Rt5triLtid intme fvndy.
L)nd appeal. land purchase
Buddliafield Base
Totol
177,901
12.774
177,901
7,531
(10,997)
110.9971
190,675
7531
177,9
Ufirestricted fund
General funds
249,905
440580
838,854
1265,726).
(276,7231
167,579
Total funds
346,385
345,480
Purposes and restriction5 in relation to the funds:
Restricted funds:
Land appeal. land purchase
Purchase and malntenance of existing land
V Land appeal, purchase of Bowerwood land at cost £32,594
21 Land appeal. purchase of Frog mill land at cost £85,0
31 Land appeal, funds for land purchase £60,307
The purchase of Land and buildings sultable for buddhafield comrnunity
and buddhafield festival.
Support attendees at Retreats
16 An*sb af nrt assets betwe•n fuNIs
Buddhafield Base
Retreats
Unrestrlcted Restrkted
funds
lund
Totsl
Fixed ayets
Investments
N•t curfent •ssets
2,250
200
165,129
167,579
117.594
119,844
200
225,436
345.480
60,307
177.901
Page 14

DklAlItII IIAI*MINI *lNANI IAI AI IIVIIIII
11114
In(niii• ind •iiduwm•nii lium;
(iiinl loit•iv
i//ii
V4,111
41,444
*1 li/
Cli•iii4111• •( n¥ltl•i
R¥li¥o11 4nd •v•nli
5*+,415
I,W/i
'A, Il/
Invo%1 Ino1111
1,14•
1,146
r*/
1,144
Tolal Incom• and •ndowm•nl•
Exp•ndltui• on:
R•lr*dti •nd •v•nti
Sliff coiti
Doniihuni •nd iranii
Oth•r
fyJ,Y/4
Jll.416
'•J/4
yj.ili
Govern•nc• foil
Support coili
Offi'ce iuppII•6
Ind•p•nd•nt Ex4mln•r l••
'?siio
915
*r*
JJJIO
¥Mo
Tolal ol •iip•ndltur• on ¢h•ill•bl•
N•1 In¢om•/(•xp•ndltui•) b•lw•
oth•i i•ln•/(loMM)
Oth•1 G41ns
(82,3161
111,1141
fjlIA02
N•t mov•m•nt ID lund•
112.114)
0fj.641
P•1• 15