WAT BUDDHARAM (LONDON TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 Charity No: 1109531 ## ## |||Page| |---|---|---| |Trustees'
Report||2 —4| |Independent
Examiner's|Report|| |Statement of Financial|Activities|| |Balance Sheet||| |Notes to the Accounts||8 —14| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Notes|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|2023|2022| ||||||6|6|E|6| |Income||||||||| |Donations||||2|121,457|2,650|124,107|117,941| |Investment
income|||||30||30|19| |Tota I Income|||||121,487|2,650|124,137|117,960| |Expenditure||||||||| |Cost of raising funds|||||34,111||34,111|6,419| |Expenditure
on charitable||activities|||44,701||44,701|71,013| |Total expenditure||||3|78,812||78,812|77,432| |Net income/(
expenditure)|||and net|||||| |movement
in funds|for the||year||42,675|2,650|45,325|40,528| |Reconciliation
offunds||||||||| |Total funds,
brought|forward||||1,085,969|51,682|1,137,651|1,097,123| |Total funds, carried|forward||||1,128,644|54,332|1,182,976|1,137,651| ## ## ## ## ## ||||Notes|2023||2022|| |---|---|---|---|---|---|---|---| |||||f||6|| |Fixed assets|||||||| |Tangible
fixed assets|||||1,031,919||1,034,281| |Current assets|||||||| |Debtors|||7|14,130||18,978|| |Cash at bank|and|in hand||301,105||274,036|| |||||315,235||293,014|| |Liabilities
Creditors
falling due within one year|||8|~25,234||16,441|| |Net current|assets||||290,001||276,573| ||||||1,321,920||1,310,854| |Creditors;
falling due after more than one year|||9||(138,944)||(173,203)| |Net assets|||||1,182,976||1,137,651| |The funds ofthe||charity:|||||| |Unrestricted|funds||10||1,128,644||1,085,969| |Restricted
funds|||10||54,332||51,682| |Total charity|funds||||1,182,976||1,137,651| ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||Funds|Funds|2023|2022| |||E|E|E|E| |Individual|donations|121,457|2,650|124,107|115,941| |Other donations|||||2,000| |||121,457|2,650|124,107|117,941| ## |ANALYSIS|OF EXPENDITURE||||| |---|---|---|---|---|---| |||Raising|Buddhist|Total|Total| |||funds|temple|2023|2022| |||E|E|E|| |Costs directly allocated to activities|||||| |Food and consumables|||1,388|1,388|576| |Donations|||19,560|19,560|38,420| |Fund raising|costs|15,985||15,985|6,419| |Supporting|costs (note 4)|17,659|23,140|40,799|30,997| |Governance|costs (note 4)|467|613|1,080|1,020| |||34,111|44,701|78,812|77,432| ## ## ## ## ## |||||General|Governance|Total|Total| |---|---|---|---|---|---|---|---| |||||support|function|2023|2022| |||||6|5|6|6| |Rent and rates||||3,153||3,153|3,255| |Insurance||||5,023||5,023|4,832| |Light and heat||||8,372||8,372|3,743| |Travel and motor expenses||||5,414||5,414|4,809| |Communication||||3,009||3,009|1,416| |Subscription
and license||||259||259|770| |Computer
support|& I.T.||maintenance|1,084||1,084|489| |Sundry expenses||||625||625|548| |Repairs
& renewals||||1,757||1,757|2,056| |Depreciation||||2,363||2,363|2,713| |Bank charges||||20||20|209| |Legal and professional||fees||564||564|150| |Mortgage
interest||||9,156||9,156|6,006| |Independent
examiner's|||fees||1,080|1,080|1,020| |||||40,799|1,080|41,879|32,017| ## |NET INCOME|/|(EXPEND|ITURE) FOR THE YEAR||| |---|---|---|---|---|---| |||||2023|2022| |||||f|6| |Net movement||in funds|is shown after charging:||| |Depreciation|on|tangible|fixed assets|2,363|2,713| |Inde
endent|Examiner's||fees||| |Independent|examination|||660|600| |Other services||||420|420| |||||1,080|1,020| ## ## ## ||||||||| |---|---|---|---|---|---|---|---| |6.|TANGIBLE FIXEDASSETS||||||| ||||Freehold|Furniture|&|Motor|Total| ||||Property|Equipment||Vehicle|| ||COST||E||6|6|| ||As at 1st April 2022||1,028,516|38,011||41,995|1,108,522| ||Disposals
during the year||||||| ||Additions
during the year||||||| ||As at 31st March 2023||1,028,516|38,011||41,995|1,108,522| ||DEPRECIATION||||||| ||As at 1st April 2022|||36,449||37,791|74,240| ||Disposals
during the year||||||| ||Charge for the year|||1,312||1,051|2,363| ||As at 31st March 2023|||37,761||38,842|76,603| ||NET BOOK VALUES||||||| ||As at 31st March 2023||1,028,516|250||3,153|1,031,919| ||As at 31st March 2022||1,028,516|1,562||4,204|1,034,281| |7.|DEBTORS||||||| |||||||2023|2022| |||||||6|6| ||Prepayments|||||4,130|3,692| ||Other debtors||||||286| ||Loans|||||10,000|15,000| |||||||14,130|18,978| |8.|CREDITORS: Amounts|falling due|within one year||||| |||||||2023|2022| |||||||E|f| ||Mortgage
loan|||||22,655|15,421| ||Other creditors|||||1,499|| ||Accruals|||||1,080|1,020| |||||||25,234|16,441| ## ## ## |9.|CREDITO|RS;|Amounts
falling d|ue|after mo|re than one y|ear||| |---|---|---|---|---|---|---|---|---|---| |||||||||2023|2022| |||||||||6|6| ||Mortgage|loan||||||138,944|173,203| |||||||||138,944|173203| ||The mortgage||loan is secured on|the|freehold|properties.|||| |10.|MOVEMENT||IN FUNDS||||||| ||||||Balance as||||Balance as| ||||||at 01/04/2022||Income|Expenditure|at 31/03/2023| |||||||6|6||6| ||Unrestricted||funds:||||||| ||General|funds|||1,085,969||121,487|78,812|1,128,644| ||||||1,085,969||121,487|78,812|1,128,644| ||Restricted|funds:|||||||| ||Education||in Thailand|||37,701|||37,701| ||New temple|||||13,981|2,650||16,631| |||||||51,682|2,650||54,332| ||Total funds||||1,137,651||124,137|78,812|1,182,976| ||Movement|in|funds —previous|year|||||| ||||||Balance as||||Balance as| ||||||at 01/04/2021||Income|Expenditure|at 31/03/2022| |||||||6||6|F| ||Unrestricted||funds:||||||| ||General|funds|||1,045,848||117,553|77,432|1,085,969| ||||||1,045,848||117,553|77,432|1,085,969| ||Restricted|funds:|||||||| ||Education||in Thailand|||37,701|||37,701| ||New temple|||||13,574|407||13,981| |||||||51,275|407||51,682| ||Total funds||||1,097,123||117,960|77,432|1,137,651| ## ## ## ## ## ## |ANALYS|IS OF NET ASSETS BETWEEN FUNDS||||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total| ||||funds|Funds|2023| ||||6|6|6| |Tangible|fixed assets||1,031,919||1,031,919| |Current|assets||260,903|54,332|315,235| |Current|liabilities||(25,234)||(25,234)| |Long term liabilities|||(138,944)||(138,944)| ||||1,128,644|54,332|1,182,976| |Analysis|of net assets between funds —previous|year|||| ||||Unrestricted|Restricted|Total| ||||funds|Funds|2022| ||||6|f|f| |Tangible|fixed assets||1,034,281||1,034,281| |Current|assets||241,332|51,682|293,014| |Current|liabilities||(16,441)||(16,441)| |Long term liabilities|||(173,203)||(173,203)| ||||1,085,969|51,682|1,137,651| ##