2023-07-31-accounts - Jamyang Buddhist Centre Leeds

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Report ofthe Trustees	I	to	2
ladependent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	5	to	6
Notes to the Financial Statements	7	to	13

		31JU	LY 2023
					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes		E
FIXEDASSETS
Tangible assets			69,650	400,000	469,650	471,639
CURRENT ASSETS
Stocks		IO	24,300		24,300	31,300
Debtors Cash at bank		ll	6.996 61,417	~II 829)	6,996 49 588	4,614 39838
			92,713	(11,829)	80,884	75,752
CREDITORS
Amounts fallmg due within	one year	12	(44,357)	(9,503)	(53,860)	(63,952)
NET CURRENT ASSETS			48 356	~2I 332)	27 024	11800
TOTAL ASSETSLESSCURRENT
LIABILITIES			118,006	378,668	496,674	483,439
CREDITORS
Amounts fall mg due after more than one year		13	(17,528)	(138,583)	(156,111)	(168,403)
NET ASSETS			100478	240 085	340 563	315036
FUNDS		15
Unrestricted funds					100,478	86,098
Restricted funds					240 085	228,938
TOTAL FUNDS					340 563	315036

Library		5%on cost
Fixtures	and fittings	10%on reducing	balance
Computer	equipment	25% on reducing	balance

OTHER TRADING A	CTIVITIE	S
				2023	2022
Cafi!, shop and rental				89885	86.216
INVESTMENT INCOME
				2023	2022
				f
Deposit account interest				184	ll
RAISING FUNDS
Investment management	costs
				2023	2022
Property reps and maintenance				1 633	5 692
NET INCOME/(EXPENDITURE)
Net resources are stated	atter charging		(credtttngh-
				2020	2019
Depreciation				945	I 12I
TRUSTEES' REMUNERATION		AND BENEFITS

	NOTES TO THE FINANCIAL STATEMENTS - coatinued FOR THE YEAR ENDED 31JULY 2023	NOTES TO THE FINANCIAL STATEMENTS - coatinued FOR THE YEAR ENDED 31JULY 2023	NOTES TO THE FINANCIAL STATEMENTS - coatinued FOR THE YEAR ENDED 31JULY 2023
COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies			44,497	46	44,543
Charitable activities
Ocncral			17,737		17,737
Other trading activities			86,216		86,216
Investment income			ll		ll
Total			148461	46	~148507
EXPENDITURE ON
Raising funds			24,080		24,080
Charitable activities
General			104,379		104,379
Other			~7123		~7123
Total			~135582		135582
NET INCOME			12,879	46	12,925
RECONCILIATION		OF FUNDS
Total funds brought	forward		73,219	228,892	302,111
TOTAL FUNDS CARRIED FORWARD			86098	228 938	315036
TANGIBLE FIXEDASSETS
				Improvements
			Frcchold	to
			property	property	Libraiy
				f.
COST
At I August 2022 and		31July 2023	400,000	55 334	5 865
DEPRECIATION
At I August 2022					1,593
I'.harge for year					293
At 31 July 2023					1 886
NET BOOK VALUE At 31 July 2023			~400 000	55 334	~3979
At 31 July 2022			400 000	55 334	4 272

TANGIBLE FIXED	AS	SETS - continued
			Fixtures
			and	Computer
			fittings	crtuipmcnt	Total
COST At 1 August 2022 and	31	July 2023	~19427	7 038	~487 664
DEPRECIATION
At 1 August 2U22			10.685	3,747	16,025
Charge for year At 31 July 2023			874 ~II559	822 4 569	1 989 18,014
NET BOOK VALUE
At 31 July 2023 At 31 July 2022			7 868 ~8742	2 469 3 291	469 650 ~471 639
STOCKS
				2023	2022
Finished goods				24 300	31 300
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2023	2022
				f,
Trade debtors				6996	4614
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2023	2022
Bank loans and overdratts		(see note 14)		7,740	6,713
Trade creditors				7,147	8,990
Social security and other		taxes			378
Other creditors				14,703	16,794
Pension creditor					228
Accruals and deferred	mcome			24 270	~30 849
				53 860	63 952

13.	CREDITORS:	AMOUNTS	FA	LLING DUE AFT	ER MORE THAN	ONE YEAR
							2023	2022
	Bunk loans (sccnote 14)						17,529	26.404
	Other creditors Other creditors						38,011 100,571	46,512 ~95487
							156 111	168403
14.	LOANS
	An analysis ofthe maturity of		loans is given below:
							2023	2022
	Amounts falling	due withm one year on demand:
	Bank overdrat)s							46
	Bank loans						7740	6 667
							7740	6 713
	Amounts falling	due between	two and tive years:
	Bank loans - 2-5 years						17529	26 404
15.	MOVEMENT	IN FUNDS
						Net	Transfers
						movement	between	At
					At 1.8.22	in funds	funds	31.7.23
	Unrestricted funds
	General fund				315,036	35,594	(250,152)	100,478
	Restricted funds
	Restricted Fund					(10,067)	250,152	240,085
	TOTAL FUNDS				~315036	~25 527		340,563
	Nct movcmcnt	in funds. included		in thc above arc as	follows:
						Incoming	Resources	Movement
						resources	expended	in funds
							f.
	Unrestricted funds
	General fund					162,436	(126,842)	35,594
	Restricted funds
	Restncted Fund					3,000	(13,067)	(10,067)
	TOTAL FUNDS					~165436	~139909)	~25 527