Trlratna Chalrs Assembly (A company limlted by guarantee) Trustees, annual report and flnanclal statements for the perlod 1°, January 2024 to 31" December 2024 Contents: Legal and AdmSnlstrative Informatlon - Trustees Report Statement of Financial Activities Bolance Sheet Notes forming part of the financlal statements Legal and Admlnlstratlve Informatlon: Charlty Name.. Triratna Chairs Assembly Charlty Reglstration Number: 1117287 Company Reglstratlon Number.. 05950533 Registered Office and Adhisthana, Coddington Court, Operational Address.. Coddington. Ledbury. Herefordshire HR8 1JL Trustees In the year ending 31" December 2024: Wendy Ann Young (first appolnted 9 January 20191- aka Bodhilila Prasadacarin Busk (first appolnted 10 January 20201 C Effendowicz (first appointed 26 Oct 20201- aka Silabodhi N Edmonds (first appointed 16 May 20221- aka 58tyajyoti Raymond Lawrence Force (appointed 6 January 2023) - aka Silanatha Kelvin Youngs (appointed 21 March 20241- aka Bodhlvamsa Timothee James Brodie lappolnted 28 June 20241- aka Khemabandhu Taru Suvarnachandra Klinga (appointed 28 June 20241 aka Suvarnachandra Gary Nelson Murray (appointed 28 June 20241- aka Aryasara
Secretary.. Mr Ajay Gilbert laka Aparajital Director: Mr Joris Depouillon (aka Maitripal Bankers.. Cooperative Bank, Head Office, PO Box 101, 1 Balloon Street. Manchester, M604EP. Trustees Report for the year ended 31" December 2024 The trustees present their report and financial statements for the year ended 31st December 2024. The company's objects and prlnclpal activitle5 are: The advancement of Buddhlsm The promotion of the efficiency and effectiveness of charitable organisatlons whlch have the object of advancing Buddhism. Actlvltles for Achlevlng Objectlves Durlng the year thSs work was furthered through the followlng activltles: Updatlng of guidance and model pollcles, and provlslon of advice, for Triratna Centres and groups, for safeguarding of children and vulnerable adults along with ethical guldelines for Triratna teachers working wlth members of the publlc. These resources are developed by a deslgnated safeguardlng officer for the Triratna Buddhist Community in the UK and Europe, who also supports deslgnated safeguardlng off icers at Trlratna Buddhist Centres Including providing speciflc advlce on safeguardlng matters. Ongolng updatlng and development of a range of resource packs and provision of guidance and assistance as required, for local Buddhist charitles. Information, advice and shared good practice is made available on the Trlratna Buddhlst Community's main website litt s'lltheBiidd histCLJnlre com and on litt s Iltriratnadevelo ment.or Resourcing bi-monthly online training events and providlng guidance to those runnlng smaller Triratna Buddhist groups or planning to start a new group. A Public Liablllty Insurance scheme is provided for small groups (without Charity structure) through the Trlratna Chairs Assembly. Viryanaga continued work as a Centre consultant. helping 8uddhist Centres with financlal advice, pathways of progression, marketing, helping their trustees understand what the TCA does and increase their likelihood to support our work through Increased donations. Viryanaga conducted a review of the structures and processes of the European Chairs Assembly to ensure that It sults the current size and functionlng of the assembly. The outcome was the result from a consultation process wlth the membership and the executive of the ECA. Our Racial Diversity Officers continued their work to promote access to people of colour to Triratna's centres ond events. Promoting and resourcing online gatherings of our Buddhist community, helping with technical support and liaison with other bodies. The glving of a grant to another Buddhist charity that finances work done on behalf of the whole Triralna Buddhist Community, namely The Future Dharma Fund, which distributed money to such Triratna projects as Windhorse Publications to publish Buddhlst books that otherwlse would not be economically viable. and to Dharmachakra to further develop Triratn8'S main online platform, the8uddhistcentre.com.
Awarding grants for the translation of books on meditation and Buddhism into non-English languages and grants to support the development of smaller Triratna Buddhist groups. thus provlding access to meditation and Buddhism for more individuals. Designlng and running the programme for the twlce-yearly gatherings of the Triratna European Chairs Assembly, whlch provide networking. support. and tralnlng for chalrs of Trlratna charities. Co-funding the Intern8tlonal Movement Coordlnator role. This person supports Triratna centres throughout the world. Funding the Trlratna Liaison role, malntaining contacts with other Buddhist groups and organisatlons In the UK, Europe. A small grant1£1000) was awarded to enable Gender Dlversity trainers to travel to events and deliver training Continuing to support the Young Buddhist Project. This project ensures the organisation of events for people In their twenties and early thirtles. regularly visit centres across Europe and offer training, advice and expertlse to encourage the involvement of young people in the Trlratna Buddhlst Communlty. The project resources, offers friendship and support to young Buddhlst groups. provides advlce for centres looklng to engage young people and empowers the young 8uddhlst project to clarlfy its vision. plans and priorltles in collaboration with Multiple Triratna Institutions. Late 2024 8 new 1-day per week young steerlng group coordinator was hlred to support the project. The Trlratna Development Team continue5 to resource the charity in its work, malntaining sense of contlnulty between meetlngs of the membership of the Trlratna Chairs Assembly and linking the Assembly wlth other projects and bodies withln the Triratna Community, In September 2024 a new director of the Development Team started work. His main responsibllities Is to 11 develop new projects and manage ttre ECAS current projects. in accordance wlth the ECA membershlps streteglc prlorities and 21 provide management and pastoral care to the other members of the Developrnent Team, as well any temporary employees. freelancers or volunteers comrn5ssioned to carry out work on behalf of the ECA. Thè dlrector made a good start and is doing creative and effectlve work. Grant maklng Pollcles The income of the Triratna ChaSrs Assembly Is made up of contributions from member Triratna Buddhist Centres and Charities. The Trlratna Chairs Assembly (TCAI allocates funding to projects and inltiatives that serve the evolvlng priorltles of Trlratna Buddhist Centres and Team-Based Right Livelihoods ITBRLS), particularly across the UK, Ire18nd, and mainland Europe. Strategic prlorities are identlfled by the Membership (the Chalrs and Dlrectorsl every three years through a structured priorltlsation proce55. These prlorities form the basis for project development. The Development Team, led by a Dlrector, Is responsible for shaping and managing projects that address these agreed prioritles. Project proposals are then brought to the Executive. a smèll group of elected trustees. who revlew thern and allocate funding in accordance with the vailable budget and strateglc direction set by the Membership. The Executive also retains authority to approve small pilot projects or respond to urgent needs between Assembly meetings. Thls system enables the TCA to remain responsive to current needs in Triratna whlle ensurlng that all grants are aligned with the Membership's agreed priorities and implemented efficiently by the Development Team.
Revlew of Actlvltles The charity's income comes mainly from donations from local Triratna Buddhist Centres. We've continued to put effort into maximlsing thls Income. including giving Centres good information about our work and providing training and resources to help Centres to maxlmise thelr own fundraislng and fin8ncial effectiveness. Our budget for expendlture for the year Is based on 'pledges' that local Trlratna Buddhist Centres have made to the charity. The pledges are made on trust and on the understanding that they are a financial commitment to be kept. except in an absolute emergency. The system works well and means the charity is reason3bly certaln of Its income each year. However, we do have a reserves policy Isee below) to cover unexpected shortfall. Publlc beneflt The Triratna Chairs Assembly provldes resources, training and guidance to a network of Triratna Buddhist Centres and groups in the UK and beyond who work with the general public, promoting health and well-belng through courses and events in medltation, yoga and Buddhism. Future Developments The Charity and company wlll continue with the work and actlvltles that fulfll Its objectives and principal activltles stated above. A range of advice, guidance and resources for Triratna public Buddhist Centres and groups, and for Triratna Charlty Trustees. will be reviewed, developed and updated as required. These resources will be made available to Triratna Centres through the webslte triratnadevelo ment.or In June at the six-monthly European Chairs Assembly, new strateglc prlorlties for 2025-2028 will be decided upon by the members ofthe TCA. New projects will be developed on the basis of those outcomes. Flnanclal Revlew Flnancial Overvlew This year saw a net surplus of £37,264. At the end of the year, unrestricted reserves were £146.864 and restricted reserves were £644. Going Concern Most of the Centres that give donations for our work have been able to maintain their contribution, thus the trustees have a reasonable expectatlon that the company has adequate resources to continue in operatlonal existence for the foreseeable future, especially in the light of increased reserves. For this reason they continue to adopt the going concern basis in preparing the financial statements, Further details regarding the adoption of the golng concern
basis can be found in the Accounting Policies. Investment Policy Aside from retalnlng a prudent amount in reseNes each year, most of the charity's funds are to be spent in the short term so there are few funds for long-term investment. However, the charlty does have Its reserves in an easy-access Investment account, Resetrve5 Pollcy The trustees have examlned the charity's requlrements for reserves in the Ilght of the major risks to the organisation. Its policy is that the unrestrlcted fund5 not committed or invested in tanglble fixed assets held by the charity should be no less than 3 months of the annual expenditure. This would glve some leeway and response tlme should one or more donors not meet a financial commitment they had made. tru re overnanc and Man me Governlng Docum•nt Ih The organlsation Is a charltable company limlted by guarantee, incorporated on 29 September 2006 and registered as a charlty on 18th December 2006. The company was establlshed under a Memorandum of Assoclation which eslablished the objects and powers of the charitable company and Is governed under Its Artlcles of Assoclatlon. Organls8tlonal Structure Triratna Chalrs Assembly has a trustee body of between three and nlne members who meet regularly (no fewer than four times per year) and are responsible for the strateglc dlrection and policy of the ch8rlty. Durlng 2024 we had a total of 8 trustees who were members from a varlety of Triratna Buddhist Centres across Europe large and small. Some members of the Triratna Development Team (see below) attend trustee meetlngs, including the secretary and dlrector, but have no voting rlghts. During 2024 the charlty employed eight indlviduals (coiiectively known as the Triratna Dèvèlopment TÈ8rn1 to provide various seNices and advice to Buddhlst charlties and to asslst in the runnlng of the charlty le.g. safegu8rdlng, development of useful re50urce5, liaison with other 8uddhlst group5 and Buddhist umbrella bodies), They are managed by the trustees, and decision5 about the services to be provlded are taken in consultation with the rnember5hip. Recrultment and Appolntment of Trustees The directors of the company are also charity trustees for the purposes of charity law 8nd under the company's articles are known as 'the trustees,. Under the requirements of the Memorandum and Articles of Association one third lor the number nearest one third) of the Trustees must retire at each AGM. those longest In office retiring flrst and the cholce between eny of equal service belng made by drawing lots. A Trustee retiring under thi5 Article may stand for re-election. Currently. chairpersons or reprÈsent3tiv@s of recognlsed Trlratna Buddhist Community Buddhist Centres are invited to become members of the Triratna Chairs Assembly. Members meet twice per year (for 7 days) and during one of these meetings elect the trustees. All the
trustees are elected from the membership of the Triratna Chairs Assembly. Drawing the trustees from this body helps ensure that trustees will have the necessary skills and perspectlve to guide and oversee Triratna Chairs Assembly. They wlll already have some experience of trusteeshlp of Buddhist charitles. The charity also tries, where practically posslble, to have at least one trustee from a non-UK charity. to provide a non-UK perspective. Trustee Inductlon and Tralnlng As Indlcated above, trustees are drawn from the membershlp of the charlty and will therefore already be familiar with its work. and they will also have a background in the governance of a Ioc818uddhist charity. In addition, there are resources made available to them (such as a Trustees Handbook) prepared by the Development Team. which also contalns contact information on further guldance le.g. from the Charity Commission). Responslblllty of the Trustees Company law requires the trustees to prepare flnanciel statements each year which glve a true and falr view of the state of aff8lrs of the charitable company as at the balance sheet date and of Its Incomlng resources and appllcation of resources, Including income and expenditure, for the flnancial year. In preparing those financlal statements, the trustees should follow best practlce and: Select suitable accountlng policies and then apply them consistently Make Judgements and estlmates that are reasonable and prudent: and Prepare the financlal statements on the golng concern basis unless It is Inapproprlate to assume the company wlll continue on that basis. The trustees are responsible for maintaining proper accountlng records which disclose with reasonable accuracy at any time the flnancial positlon of the ch8rlt8ble company and to enable them to ensure that the financial gtatements comply with the Companles Act 2006. The trustees are a150 responsible for safeguarding the assets of the charltable company and hence foi taking reasonable step5 for the prevention and detection of fraud and other irregularitles. Member5 of the Trustee Body The trustees, who are directors for the purpose of company18w and trustees for the purpose of charity law, who seniod during the year and up to the date of thls report, are set out on pBge 1. Rlsk Management The trustees are aware of the major risks facing the charlty and regularly conslder these as part of thelr ongoing oversight and decision-making. Key risks-such as financial sustainability, governance continuity, and staff capacity-are monitored and discussed during trustee meetlngs. The trustees are mindful of the charity's rellance on voluntary contributions from Trlratna Buddhist Centres and the potential vulnerabllity this creates. To help mitigate this, the charlty maintains a reserves policy to protect against shortfalls In Income. Declaratl
In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companie5 Act 2006 The trustees declare that they have approved the tru5tees' report above. Slgned on behalf of the charity's trustees on the 10th of June: Signature Full namels) Mr Kelvin Youngs Mr Joris Depoulllon Position Chair of trustees Dlrector
(HARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Triratna Chairs Assembly On accounts for the year 3111212024 ended Charity no (if any) 1117287 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trusi") for the year ended 3111212024 Responsibilities and basis of report As the charity's trustees. you are responsible for the preparation of the accounts In aGGordanGe with the requirements of the Charities Act 2011 ("the Acl.) I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Directions given by the Charity Commission under SelOn 145(5)(b) of the Act. Independent examiner's Ststement I have completed my examination I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in. any material respeci.. the accounting records were not kept in aGGordance with section 130 of the Charities Act. or the accounts did not accord with the accounling records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requiremenl that the accounts give a 'true and fair, view which is not a matter Gonsidered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which atlention should be drawn In this report in order to enable a proper understanding of the accounts to be reached Please delele the words in Ihe brackets if Ihey do not apply. Signed: Dat•:120 April 2025 Name: Francis Geoffrey Mcmahon Relevant professlonal qualifiGation{s) or body (if any): Address: Flat 6, 22-30 North St. Leatherhead. TN22 7AT IER oct 2018
Sectioii B Disclosure Only complete rf the examiner needs to highlight materlal matters ol concem (see CC32. Independent examination of charity accounts: directlons and guidance for ex8mln8rs). Give here brlef detall8 of any Items that the examlner wlshes to disclose. IER Oct 2018
Triratna Ghairs Assembly Charil, No 1117?87 Annual accounts for the eriod Poriod end dale Period start dale 0110112024 3111212024 Section A Statement of financial activities (including summary income and expenditure account) Restricted Incorne funds 72 Unrestrlcted fund8 Endowment funds Prlor year funds Recommended categorles by actlvity Total funds Income (Note 3) Income and gndowments from: Don8lion3 and legaae5 Chaiitable activi1• F01 F02 F03 F04 F05 S01 145,105 25,617 1,499 172 221 43,765 188,870 25,617 1,499 215,986 172,055 2275 439 174,769 S02 Investments S04 Total Expenditure (Notes 6) Expenditure on.. Raising funds Chantable activitle6 S07 S08 3,762 160,261 1,109 165,132 S09 131.787 3,170 134,957 52,892 184,679 3,170 187,849 otr S11 Total S12 52,892 Net incomel(expenditure) before tsx for the reporting period Tax payable Net incomel(expenditure) after tax before investment gainsl(Iosses) S13 37,264 9,127 28,137 9,637 S14 S15 37,264 9,127 28,137 9,637 Nel gainslllossesl on investments S16 Net incomel(expenditure) Transfers between funds Net movement in funds S17 37,264 9,127 28,137 9,637 S19 S22 Reconciliation of funds.. Total funds brought forward Total funds carried fonvard S23 109,600 146,864 8.483 644 118,083 146,220 108,446 118,083 S24
----- Start of picture text -----
Kelvin Youngs
----- End of picture text -----
17/06/2025
01/07/2025
----- Start of picture text -----
Joris Depouillon 01/07/2025
rit
----- End of picture text -----
Section C Notes tn the accoiints Note 1 Basis of preparation Thls sactlon should be completed by all charlties. 1.1 Basls of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction valuè unless olmerwise stated In the relevant notels) to these accounts. The accounts have been prepad in acrdanCe with.. the Stalement of Recommended Practice.. Accounling and Reporting by Charities preparing thèir accounts in accordance with the Financial Reporting Standard appliGabl¢ in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and with" and with. the Financial Reporting Standard applicable in the United Kingdom and Republic ol Ireland IFRS 1021 and with the Charitses AGt 2011. The charity constitutes a publ[¢ benefit entity as defined by FRS 102.. -Ti¢k as appropriate 1.2 Going conc•m Mtharn arn mat•rtal unc•rtalntlos related to events or Condftlons that cast slgnttlcant doubt on thg ¢harty •blllty to ¢ontlnue as a golng ¢ollcern¥ plo•4• provld• the lollowlng dotalls or stato "Not appllcable-. If appmprlate.. An explanation as to Ihose factor$ that support the conclusion that the charity is a going concem., Oisclosure of any un¢ertainties that make the golng concem assumpiion doubtful, Where a¢Gounts are not prepad on a going concefn basis. please di8do8e thi5 lact together with the basis on which the trustees pr8pared the accounts and the reason why th& Charity is not regarded as a going Conrn. NIA N/A 1.3 Chang0 of accountlng pollcy The accounts present a true and fair view and no changes have bean made to the accounting policies adopted in note{ } Yes. -Ti¢k ¥* apprcpriate 1.4 Changes to accounting e8timat8S No changes to accounting estimates have occurred in the reportlng period13.46 FRS102 SORPI. Yes" No" -Tid( as approprlate 1.5 Materlal prlor year èrror8 No mat8rial prior ear error have been identified in the report¢n Yes. period (3.47 FRS102 SORP . No. -Tlck 8s appropriate CC17a (EX1} 1010612025
sei.tion C Notes to the accoiint Icoiitl Note 2 2.2 INCOME Ac¢ounllng policivd R•connltbon of incDm These a Induded in the Stalernent of FinancJ8I Aclivitias ISOFAI bfften.. the ch8dty bec¢m8s enbued to the resources. rt 1$ mor• Ilkdy than not thal the trustees will fycive the rèj0urtr, thg Monetary value be rneasurad wrth sufficient rdiabillty. No" Nla. Yes" No. Nla. Oftsettlng There has been no offsetsro of assets and1191111). or incorne and Ixpenses, unless re4uir8d or WMItt by Ih? FRS 102 SORP or FRS 102 Yes. Gr•nts and donaiion• Grants ana donationg are only Induded In the SOFA when the gen8ral incom8 rocoonilion crilgria arè met15. 1Q to 5.12 FRS102 SORPI No. NIA. In the ca8e ol perfomwnce relaied gTani$, income must only recognised to ftxtent Ihal the charity has prowlded the speafiod gOC•J8 or services a3 entern8nt to th8 grant only ct¢uf$ when Ihe performance rèiea conditsofis are mel15.1fj FRS 102 SORPI Ye$. No. Nla. Lggao•s are included in the SOFA when receipt Is probable. that is, s¥hen the has baon giantof probBte, thè twutors hsve estsblishfjcl that there suffKi8nl asset$ in the a8t81è and any conditions attaehéd to th• l•qaw •r• •ithrwithin th• eonlrol of the chgrity or have been met Lqgacl Yes. No. Nla. Ye5. No. Nla. Gov9mm•nt gr•nts The charity Nceived government grants in the reporting Fénod GIN Aid r•c•ivable 1$ Included in Incomg Ihere 1$ g valid d8darallDn IrLThn tn• donor. Any Gift Aid amounl reuveièd on 8 donation 16 con8ioereJ to be part ol thèt gift on¢ 1$ treateg as un additson to the 6arne lund ?$ Ihe initK91 donation unless the donor Of th t¢rrn¥ ol the pptsal h8Vg $pocified othe1$•. Tax fvel•lm• on don•tlon¥ •rW y1ft• Ye8, No. Nla. Contractual Incorn• •nd This Is only 1ncludeO In the SOFA once the ch8rty has prDvideo the relate¢ goo¢s or p•rfornianc• Miitod servi¢¢• u mat Ihe performance ffjlatsd ¢andltlonB. grwrrt• Yeg. No. Nla. Yes" No. Nla" Don•t•d 9ood1 Donated seAd• afe mea$ured st fair v41ue (the •mrJunllorwhich the •M•t tsId bè exchangqdl unless Smpractrc41 t¢ do so. The cost of any stock of good5 donal•d for di•trlbulion 19 bgnèficiari86 is Lleemed to b8 tno fair valug of those g1ft5 al tim8 oTthr rocpi an¢ Ihey ar• r•cognised rewpt In the reportin9 period in whlch the ?tOGk? 8r¢ di3tributed. they arg re¢ogni8•d aj on expen•¥ ot Ihg rrn9 arnount oFth¥ •to¢k$ al di8lribution. Yes. No. Nla. Oon8te4 g¢¢d) lor re38le are MSUre4 81 tslr vglue on initHI roc¢gnitlon, wnic is th• expected proceed8 from sale19$8 the expected costs of $81?, and recognised In'lnco from other Iradino 8diviliw' Mlh tho rre#pOndIN $lock regnis8 In the baL¥ncg sheet On rts Sale the ¥8iu& of Stock Is cnargeo aoalnsl'lncorne from Nher tradlng a¢tlvitbs' and the pro¢eeo$ Ir¢m $810 are also recoJnid a8'lncom8 from other trading liwti8$' Yes. No. Nl8' Goods d¢nio0 foronolng use by iho chjnty are recollni8ed 81 tsngityb flxed aBset8 an(1 Included In the SOFA as Incoming resources when re1¥ole Yes" NO. Nla. Gifts in kind for u8• by the eharity are includgd In thé SOFA a8 incomè from denthon$ whén ral¥able Yes" No. Nla. Donotod 8•NSe•8 •nd Donaied servi¢eS and lacilltl•s are Induded In th• SOFA whèn reeeivÈd at Ihe vglug of the gift lo Ih? chaiity provQ Ihe value of tro gift can measurèd reliatyly Yes" No. Nl8' Donated service8 and faciiiDes tral ore Ggnsurned immettialely gre recoJnised as incom8 with an •ouival•nt 4rn0unf rewgnised 88 an expense under dppr¢priate beading In Ihg SOFA. Ye8" No. Nl8' Yes" No. Nla. Support cos18 The charty has Incurred expenditure on support CASI5. CC17 FRS 102 SORP 1010612025
Yes" No. Nla. Volunts•r hdp rhe value of any volunlary help r1Ve 1$ not indudwj In the a¢c¢unts but is desoibed in the trustees. annual rèkort. Income from Intsrest. royaltles dlvld•ftds This is induded in the accounts Nvhen receipt Is probable and the amount feceivable can be measufed rdiably. Ye5. No" NIB" In¢om• from m•mbgrnhlp Mèmbership subg¢riptions reTrived In the of a 91ft a rgnISed in Donatr'ons ¥ub¥¢rfptlon and Legaaes. Yes. No. Nla. Mamb•rnhlp $ubseriptls which glv85 a rnombor Iho righf lo buy 5erviG•S or other benefits are recogni3ecl as Inefjme eamed Irorn 1he provisk)n of GDOQS an# sorvi¢•s as Income Irorn charitable 8Cti¥iti85 Yes" No. Nla- Settl•rnom of In•urance clalm¥ InsUn¢¢ elairng &ro onty Included in the SOFA when thè pn8ral Incorne reei)Jnition criteria 8re met 15.10 to 5.12 FRS102 SORPI and a Includeu as an item of other income In the SOFA Y8s" No" Nla. Ihv•itmènt gln$ •nd Thii Inelud85 any realised or unre8lis8d goins Or108s on ihe sgle ol investments and any gain or lo$$ i•sultlng from revbluing in¥esiments to m8rktl value at the end of Ihe ar Yes. No. Wa. 2.3 EXPENDITURE AND LIABILITIES Liabilities 8rg rewgniswj wh8r• it 15 likely than n¢1 that there is a legal or ¢onJtru¢tive obligatlon commith.ng the charity to psy wt r¢8ources and Ihe $mount of the otyligalion can be rneasured with ieasonable certBinty Yes. No. Llthblllty r¢¢o0nltlon Gov•manc• and •upm Support costs have teen allo¢ated b8tswen governance costs anu other 8UPPOrt. co•ts Gevern8n¢o $1S comprise all costs involvino accountability ol the and ils complianch with reGulalion and gooa pracce Supwt costs Indude central fundi¢n$ and have been 811¢¢8t¢d to actbvlty cost caig9orles on a b8$i$ ¢onsisi•N with the of msourcès, •0 allwliw prDperty costs by lloor areas, OT per capita, staff Costs Dy ine tirne spani and olhgr cosls by t11[ usagg. Yes. Nla. Yes. No. Nle" Grant8 Wlth perlorniane• Whèr8 tho charlty glve8 q Grant with ¢onOitlons lor ils paym$nl boin9 a spocrfic b¥el of condltlon• $eFvu or wlput to be provided. grants are onty recogni$•d in the SOFA once th• Tetypienl of the grant ha8 prow4j Img Spgcified WtyiCO Qr ¢ulpul. Yes. No. Nl8' Grints p•yabl• wlthout perform•n¢• ¢ondltlon• VVhre Ihere are Tr) condition8 0tt8¢nin9 lo the grant thai ènabl¢8 ine donor charity to rgolk4lically avthd the ¢ornmitmenl, a IiAbility lor the full fundino obligation muat b• recognised Yes. No. Nla. Yea. NO. Nla" R•Oundllncy co¥t The charity mJd• no redundanw p•ym•nl• 4urin9 th• repothng p¢riod. Yes" Nla. Deferred Incom• No m•terial item of delerr•d inwm¢ ha& been Induded in the ae¢nunts. Y¢8. Nla. CMdllor• rhe cherlty ha¥ cre4iiors are mè8sured at seciiement arn¢unta1•88 any tr8d dlscounts No" A liability 1$ mo0$Ud on reeL)gnrtion al118 histori1 cost and then subsequently measured ai Ihe best estsmate or Ine amount rrfulred 10 setue the a¥allOn al t reporting 48ts The Gharity accounts fer b8¢ fin8no•l instrumènts an inibal reeogntton • par p•r•graph 10.7 FRS102 SORP. SuD$equènl m•gsur•ment is as per paragraphs 11.17 to 11 19. FRS102 SORP. Yes. No. Nla. Provl•loni lor Ilabllltle• Ba•lc finonelal Instruments Ye$. No" Nla. 2.4 ASSETS T4nglbl• fix•d asi•ts lor These are capitalised if they can te uyed for mDre than one year. and cost al least u•• tvi ch•rlty Yes" No. Nla. They are valu8d at eo8t The ¢Jepreciation rattso and M•IhS used are disdo8•d In note 14. The charity has Intanglbl8 fix•d asset5. thai 1$. nw.monetary ass818 that do noi h•v• physic81 sub8ian¢¢ but 8f• id8nJfiable and are controlled by the charity throullh custoty orlogal riohts. The 8mOrti8ab"¢n r4tÉS And rn•th&ls used are discb5ed in note 15 Intsnglble fixed Yes. No. Nl8' They arè valued at cnsl. Ye8. No. Nla" CC17 FRS 102 SORP 1010612026
Th& ¢hafity has henta9e assets, th81 is. r.nlary assets bwth hi3t¢ri¢, 8rti$D¢. scientific, thNologICal, geDphysicAI or enwironmental qualIt$that are held and maintained principally for their Conlribuli knNledge and culture. The deweciatif rate5 and methods used a5 fj15d¢sed In n& 16. Yes. No" H•rit•go a8SelS Nla. Yes- No. Nla. They aTB valuBd al ¢t. FixfJ as88t Snvestments in quoted share5. traderi bonds 8nd 8imilar Investsneflts are valued at Iniliaiiy at cost an¢ subsequenUy al fair valu? Ilhgir rnark8t valuel al the ye8r ¢nd. The $8rne Irealmenl is applied lo unli81¢d Inv¢stmemt8 Un$8 fatr v81v¢ ¢annol be mea$ur•d r•liably in which c488 it 18 mèasur8d at cost ie$$ impairmonl. Investments Yes" No. Nla. Investrnents hdd lor resale or p?ndiw their $819 and cash and cash equivant$ with a maturity dale of less than 1 year are tted as rrarnt assel inve8tmenls Yes. No. Nla. Stock• and work In progr811 Siothj held for 8818 as parf of non.tharitsbié tmde are measured al th¢ lower or cost or ng1 reall6ab value, Yes. Nla. Good8 or services provided 89 Part of a charft8bla activity a measured at net re81i$3b value based on ttte rvice wtential provided by item$ of stock. Yes. No. Nla. Worf( In progrè6118 Valu at eo8t laA8 Any for•i•••bl•1058 ¢h•t l¥ Ilk•ty to wrur on th• coniract. Yes" No. Nla. Debtors Iinrjuding trade ¢Jebs and loans r8ceNabiei are rnea5ured on Inlli•l recognilion al sètUem8nl •mount 8ftor 8ny trade discounts or JrrKJunl gdvanced by thè charity. Sutsequently. they are meaJurea at the cash or other conjidergtion excled 1¢ be received Tha chgmty has Inve*ment8 wnich 1¢ hol¢y for resale or wnding their sal• and cash and Sh equivalenll With o malurty date than ¢ng y8ar. Thfr$• InduLSo Caoh QD dopo¥lt and cash 1¥8nIS with a maturity of thjn on• ar hèld for In¥•8tm•nt purpoae5 rather than io meèt 8hort.tem) cash cornrnrtmen15 as they tsll duè. Yes. No. Nla. Yes. No" Nla" Curr•nt a•••t Inv•Jlm•nts Yes" Nv. Nla" Th•y are valued •lfJir v8lu• •xc•pt whor¢ they qualfy as basK fin8nci81 In$trurnenl8. CC17 FRS 102 SQRP 10106r2025
Section C Notes to the accounts Icontl Note 3 Income RNtrl¢t•d Income fvnd• Analysis of income Unr¥8tr4ctod Endowment fund• Tot•1 fund• Prlor y••r Donation$ and16gacie8: Oonalions and gifts 150.391 150,391 43.765 43.765 172.055 172,055 Totsl 194,156 Charitable activities: Going on Retreat Income, Insuranc8. Consultsncy, Other 20,331 20.331 2,275 Total Incomg from invg¥tments: Interest incomo 1499 1.499 1.499 1,499 439 439 Total TOTAL INCOME 174769 Otttor Infomiatlon.. Jnanadhara £15,771, Aparallts £11,880. Suvannavira - £735 All Incomg In tho prlor y•ar wai unr••trl¢tsd oxcopt for: Ipl••o0 provldo d••¢rlptlon and imount81 CC178 IExcell 1010612025
111 111 111 1111 1111 11111 IIEEI IEIII IEIIE 11111 1111- 11111 111 111 111 111 IIIE 1111 1111 1111 111
se.ction C Notes to the accounts Note 10 Details of certain typeB of expenditure Note 10.1 Fees for examinatlon of tho accounts Please pmvlde detalls of th• amount paid for any statutory extemal $crutlny of accounts and other 80Thic•s provlded by your Independent •xaminer. If nothlng was pald pleas• •nter 'O' in th• apprnprlate box(es). This year Last year Indopendent examiner's 200 550 CCI 7a {Excel} 101(W2025
Section C Notes to the accounts (cont) Note 11 Paid employees Please complete thls note if the charity has any employees (transactions with Trustees dealt with in Note 28) 11.1 Staff Costs Thls year Last year Salaries and wages Social security costs Pension Gosts {defined contribution scheme) Other employee benefits 55.218 5,751 3,613 48,584 5.105 2,070 Total Staff costs 64,582 55,759 This year.. Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell wlthln each band of £10,000 from £60,000 upwards. M there are no such transactions, please enter Yrue. In the box provided. No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 TRUE This ear Last ear Please provide the total amount paid to key management 18,135 16,880 11.2 Average head count in the year This year Number Last year Number The parts of the charity in which the employees work Fundraisin Charitable Activities Governance Other Total CC17a (Excel) 1010612025
Section C Notes to the accoui)Is Icontl Note 12 Definad contribution ponsion Scheme or deflned benaflt scheme account¢d for as a dèfined contribution scheme. 12.1 Please complete th1$ note li a deflned ¢ontrlbutlon ponslon $ch•m• Is op•ratod. Th1• year La8t year Amount of Contbut1¢yn* rncognlsed In th• SOFA 40 an expen8e 3,613 2,070 CC17a IEx¢xll 10tC6f2025
Section C Notes to the accounts Icont) Note 13 Grantmaking Please complete th15 note If the charlty made any grants or donotlons whlch In aggregate form • matsrlal part of the charltable activitlg5 undortaken. Thls year: 13.1 Anal 818 of rants paid linelud•d in cost of charitsblg activiti881 Grants to Grants to Instltutlon8 Indlviduals Analys1• Support ¢o•ts Totsl BCO l Oharrnachakra Transl81ions Fund Auhislhana Grou s&Pioneers Gendèr Divers• Pro Suvannavira - Dhrma activiliei in Moscow 25.000 5,718 2,484 1.124 569 5.718 2,484 1,124 569 ect 1,256 Total 31,898 1,256 36,1S1 Pl$8 enter"Nll" ff the chartty do•$ not Idontlfy antvor allocate support costs. 13.2 Grnnts m*d• to In8tltutlon• Ploasg provldg dotalls ofcharftys My charlty has m•de grants ro partlculor In$tttutlons that arn materlal In tho context of Its grantmaklng. Detalls of the Instltutlon supported. purpose of the grant and total p•ld to each Instltutlon 1$ •v•llablo on the charltys web slte. Y•$ Provide detalls bglow Nam•8 of In8tltutlon Purpo¥? Total amount of grants pald £ 25,000 Future Dhamia Fund Ongoing funding support- Dharmachakra Ongoing fundin9 SUPPOrt - Tran$lgtion8 Fund Future Dharma Fund 5.718 Groups & Pioneers Adhisthana Dharma Activit185 1.124 Supporting Ksanlikara - young person's project Supporting gender diverse Sangha 2.484 Leeds Buddhi51 Centre 569 Total grants to In5titutlons In rnportlng perlod Oth•r unanalyséd grnnts TOTAL GRANTS PAID 34,895 1,256 36,1 $1 CC17a (Excell 1010PI12029
Last year: 13.3 Anal 818 of rants paid Iln¢lud•d in cost of ¢haritabl• activitie81 Grthnts to Grants to Institution8 Individuals Analy#i# Support costs Totsl 8COIDhamiachakr8 Translalions Adhislhan8 10,000.00 8 667.00 6,595.00 143.00 10 000.00 8,667 00 659500 Gender Diversi 143.00 Suvannaviralmoscow Total 1.256.00 1,266 1.256.00 26.661 25.406 PIMse entor"Nll" If tho charlty does not Identlfy on(Vor allocate support costs. 13.4 Grnnts m•do to in•titutlon• Ploase provid• dotails of charitys URL. My Charlty h•J m•do grnnts to partl¢ul•r injtltutlons that aro materlal In the ¢ont•xt ollts grantm*klng. D•t•ll8 olth• institution Supported, Pu05• of the grant and tot•1 p•id to •ach institution Is av•ll4bl• on th• chotlty's web slte. Yes No Provlde d•talls below Names ol Instltutlon Purpo•o Total amount of rants ald £ 10.000 8,667 6,595 143 Future Dharma Fund Dh8miach8krs Future Dharma Fund Adhislhana Leeds 8uddhist Centre Translations Young Persons Project Gender Diversity Total grants to Instltutlons In reportlng perlod Other unanalysed grants rorAL GRANTS PAIQ 25,405 1.256 26.661 CC17a (Excell 10106r2025
Section C Notes to the accounts (cont) Note 19 Debtors and prepayments 19.1 Analysis of debtors This year Last year Prepayments and accrued income 3,747 Total 3,747 CC17a (Excel} 1010612025
Section C Notes to the accounts (cont) Note 20 Creditors and accruals 20.1 Analysis of Greditors Amounts falling due within one year Amounts falling due after more than one year This year Last year This year Last year Trade creditors Taxation and social security 1,700 1.700 1,713 1,713 Total CC17a (Excel} 1010612025
Section C Notes to the accounts (cont) Note 24 Cash at bank and in hand This year Last year Cash at bank and on hand Total 139,752 119,796 GC17a (Excell 1010612025