| Page | ||||
|---|---|---|---|---|
| Trustees' Report |
1 | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement of Financial | Activities | |||
| Balance Sheet | 7 | to | 8 | |
| Notes to the Financial Statements | 9 | to | 14 | |
| Detailed Statement of Financial Activities | 15 | to | 16 |
| Statement of Financial Activitie for the Year Ended 31March 2 |
s 023 |
|||||
|---|---|---|---|---|---|---|
| 31/3/23 | 31/3/22 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | f | E | E | E | ||
| INCOME AND ENDOWMENTS Donations and legacies |
FROM | 7,938 | 7,150 | 15,088 | 30,095 | |
| Charitable activities Charitable activities |
17,648 | 17,648 | 14,398 | |||
| 46 | ||||||
| Investment income |
||||||
| Total | 25,632 | 7,150 | 32,782 | 44,493 | ||
| EXPENDITURE ON Raising funds |
5,074 | 5,074 | 143 | |||
| Charitable activities Charitable activities |
59,471 | 11,224 | 70,695 | 71,907 | ||
| Other | 1,889 | 1,888 | 1,781 | |||
| Total | 66,434 | 21,224 | 77,858 | 73,831 | ||
| NET INCOME/(EXPENDITURE) | (40,802) | (4,074) | (44,876) | (29,338) | ||
| RECONCILIATION OF FUNDS Total funds brought forward |
66,123 | 14,852 | 80,975 | 110,313 | ||
| TOTAL FUNDS CARRIED FORWARD | 25,321 | 10,778 | 36,099 | 80,975 |
| 31/3/23 | 31/3/22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | f | E | E | E | |
| FIXEDASSETS | |||||
| Tangible assets | 309 | 309 | 535 | ||
| CURRENT ASSETS | |||||
| Debtors | 5,202 | 5,202 | 6,222 | ||
| Cash at bank | 26,206 | 10,778 | 36,984 | 76,960 | |
| 31,408 | 10,778 | 42,186 | 83,182 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (6,396) | (6,396) | (2,742) | |
| NET CURRENT ASSETS | 25,012 | 10,778 | 35,790 | 80,440 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 25,321 | 10,778 | 36,099 | 80,975 | |
| NET ASSETS | 25,321 | 10,778 | 36,099 | 80,975 | |
| FUNDS | |||||
| Unrestricted funds |
25,321 | 66,123 | |||
| Restricted funds | 10,778 | 14,852 | |||
| TOTAL FUNDS | 36,099 | 80,975 |
| 2. | INVESTMENT | INCOME | 31/3/23 | 31/3/22 | |
|---|---|---|---|---|---|
| f | |||||
| Bank interest | receivable | 46 | |||
| 3. | RAISING FUNDS | ||||
| Raising donations and legacies |
31/3/23 | 31/3/22 | |||
| E | f | ||||
| Support costs | 5,074 | 143 | |||
| 4. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 31/3/23 | 31/3/22 | ||||
| E | E | ||||
| Depreciation | -owned assets | 226 | 271 |
| The average monthly number ofemployees during t |
he year was as follows: | |
|---|---|---|
| 31/3/23 | 31/3/22 | |
| Administration | 3 | 3 |
| for t | he Year Ended 31March 2023 | he Year Ended 31March 2023 | |||
|---|---|---|---|---|---|
| 7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
||||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| f | f | f | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
23,595 | 6,500 | 30,095 | ||
| Charitable activities |
|||||
| Charitable activities |
14,398 | 14,398 | |||
| Total | 37,993 | 6,500 | 44,493 | ||
| EXPENDITURE ON | |||||
| Raising funds | 143 | 143 | |||
| Charitable activities |
|||||
| Charitable activities |
63,123 | 8,784 | 71,907 | ||
| Other | 1,781 | 1,781 | |||
| Total | 65,047 | 8,784 | 73,831 | ||
| NET INCOME/(EXPENDITURE) | (27,054) | (2,284) | (29,338) | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 93,177 | 17,136 | 110,313 | ||
| TOTAL FUNDS CARRIED FORWARD | 66,123 | 14,852 | 80,975 | ||
| 8. | TANGIBLE FIXEDASSETS | ||||
| Plant and | Computer | ||||
| machinery f |
equipment f |
Totals f |
|||
| COST | |||||
| At 1April 2022 and 31March 2023 | 3,456 | 596 | 4,052 | ||
| DEPRECIATION | |||||
| At 1April 2022 | 3,138 | 379 | 3,517 | ||
| Charge for year | 172 | 54 | 226 | ||
| At 31March 2023 | 3,310 | 433 | 3,743 | ||
| NET BOOK VALUE | |||||
| At 31March 2023 | 146 | 163 | 309 | ||
| At 31March 2022 | 318 | 217 | 535 |
| 9. | DEBTORS:AIVIOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS:AIVIOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS:AIVIOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS:AIVIOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS:AIVIOUNTS FALLING DUE WITHIN ONE YEAR | 31/3/23 | 31/3/22 | |
|---|---|---|---|---|---|---|---|---|
| f | ||||||||
| Trade debtors | 163 | |||||||
| Other debtors | 2,475 | 2,475 | ||||||
| Prepayments | 2,727 | 3,584 | ||||||
| 5,202 | 6,222 | |||||||
| 10. | CREDITORS: AMOUNTS | FALLING | DUE WITHIN ONE YEAR | |||||
| 31/3/23 | 31/3/22 | |||||||
| f | f | |||||||
| Trade creditors Deferred income |
1,404 100 |
845 100 |
||||||
| Accrued expenses | 4,892 | 1,797 | ||||||
| 6,396 | 2,742 | |||||||
| 11. | MOVEMENT | IN | FUNDS | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1/4/22 | in funds | 31/3/23 | ||||||
| f | f | f | ||||||
| Unrestricted | funds | |||||||
| General fund | 66,123 | (40,802) | 25,321 | |||||
| Restricted funds | ||||||||
| General Fund |
14,852 | (4,074) | 10,778 | |||||
| TOTAL FUNDS | 80,975 | (44,876) | 36,099 | |||||
| Net movement | in funds, | included | in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources f |
expended f |
in funds f |
||||||
| Unrestricted | funds | |||||||
| General fund | 25,632 | (66,434) | (40,802) | |||||
| Restricted funds | ||||||||
| General Fund |
7,150 | (11,224) | (4,074) | |||||
| TOTAL FUNDS | 32,782 | (77,658) | (44,876) |
| Net | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| movement | At | ||||||||||
| At 1/4/21 | in funds | 31/3/22 | |||||||||
| f | f | f | |||||||||
| Unrestricted | funds | ||||||||||
| General fund | 93,177 | (27,054) | 66,123 | ||||||||
| Restricted funds | |||||||||||
| General Fund |
17,136 | (2,284) | 14,852 | ||||||||
| TOTAL FUNDS | 110,313 | (29,338) | 80,975 | ||||||||
| Comparative | net movement | in funds, included | in the above are as follows: | ||||||||
| Incoming | Resources | Movement | |||||||||
| resources f |
expended f |
in funds f |
|||||||||
| Unrestricted | funds | ||||||||||
| General fund | 37,993 | (65,047) | (27,054) | ||||||||
| Restricted funds | |||||||||||
| General Fund |
6,500 | (8,784) | (2,284) | ||||||||
| TOTAL FUNDS | 44,493 | (73,831) | (29,338) | ||||||||
| A current year | 12months | and | prior year 12months | combined | position | is as | follows: | ||||
| Net | |||||||||||
| movement | At | ||||||||||
| At 1/4/21 | in funds | 31/3/23 | |||||||||
| f | f | f | |||||||||
| Unrestricted | funds | ||||||||||
| General fund | 93,177 | (67,856) | 25,321 | ||||||||
| Restricted funds | |||||||||||
| General Fund |
17,136 | (6,358) | 10,778 | ||||||||
| TOTAL FUNDS | 110,313 | (74,214) | 36,099 |
| A current year 12 months follows: |
and prior year 12 months | combined net |
movement in f |
unds, included in |
the above are |
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources f |
expended f |
in funds f |
|||
| Unrestricted funds General fund |
63,625 | (131,481) | (67,856) | ||
| Restricted funds General Fund |
13,650 | (20,008) | (6,358) | ||
| TOTALFUNDS | 77,275 | (151,489) | (74,214) | ||
| Details ofrestricted funds |
in the year are as follows: | ||||
| Pali Teaching - DIRI DEF Pali Hub-Greco/Bhanubandh |
Opening01/04/22 fO f8,519 |
Income E6,000 EO |
Expense f6,000 f783 |
Closing31/03/23 EO E7,736 |
|
| Pali Canon Access Project Chinese Contemporary Buddhism Sanjukta's Fund |
EO f3,700 f2,633 |
E1,150 f0 EO |
E1,071 E2,037 f1,333 |
E79 E1,663 E1,300 |
| Detailed Statement ofFinancial Activities for the Year Ended 31March 2023 |
||
|---|---|---|
| 31/3/23 | 31/3/22 | |
| f | f | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations Gift aid Direct debit donations |
4,342 126 990 |
18,423 1,380 880 |
| Online donations | 2,480 | 2,912 |
| Pali teaching DIRI DEF Pali Canon Access Project |
6,000 1,150 |
6,000 500 |
| 15,088 | 30,095 | |
| Investment income |
||
| Bank interest receivable | 46 | |
| Charitable activities |
||
| Journal subscriptions | 1,000 | 1,633 |
| Pali advanced reading course |
2 772 | 802 |
| Pali online courses | 13,876 | 11,963 |
| 17,648 | 14,398 | |
| Total incoming resources | 32,782 | 44,493 |
| EXPENDITURE | ||
| Charitable activities |
||
| Research into Buddhism - Sanjukta | 2,037 | |
| Library costs | 80 | |
| Pali Hub | 584 | |
| Journal costs | 6,582 | 2,978 |
| Pali reading club |
551 | 577 |
| Pali advanced reading courses |
1,000 | 1,000 |
| Royalties | 7,516 | 7,616 |
| Pali on-line courses | 2,107 | 495 |
| Fund raising | 1,346 | |
| 19,793 | 14,676 | |
| Other | ||
| independent Examiner's fees |
1,830 | 1,758 |
| Governance | 59 | 23 |
| 1,889 | 1,781 | |
| Support costs | ||
| Management | ||
| Insurance | 348 | 236 |
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31March 2023 | 31/3/23 | 31/3/22 |
| E | E | |
| Management | ||
| Finance Bank and Paypal charges |
602 | 499 |
| Human resources Wages Pensions |
36,553 999 |
38,481 867 |
| 37,552 | 39,348 | |
| Other Rent Postage Stationery and printing ITexpenses Depreciation &Amortisation Sundries |
15,086 1 105 1,807 227 248 |
14,630 126 94 1,583 271 587 |
| 17,474 | 17,291 | |
| Total resources expended | 77,658 | 73,831 |
| Net expenditure | (44,876) | (29,338) |