**Registered Charity Number** 

**1124872** 

## **Wat Sriratanaram Buddhist Centre** 

## **Reports and Accounts** 

**For the Year Ended 31 October 2022** 



## **Wat Sriratanaram Buddhist Centre** 

## **Report and Accounts** 

|**Index to the Financial Statements**|**Pa**|
|---|---|
|Company Information|A|
|Independent Examiner Report|B|
|Income and Expenditure Accounts|1|
|Balance Sheet|2|
|Notes to the Financial Statements|3|



## **Page** 



## **Wat Sriratanaram Buddhist Centre** 

## **Company Information for the Year Ended 31 October 2022** 

## **Trustees** 

|**Trustees**||
|---|---|
||PL Sriratanadhammavides (Paganon Pilapan)|
|**Chairman:**|P. Beddard|
|**Registered Office:**|Moss Lane|
||Kearsley|
||Bolton|
||Lancashire|
||BL4 8SF|
|**Charity Registration Number:**|1124872|
|**Accountants:**|S. A. Mirza & Co (Accountants)|
||3 Mabfield Road|
||Fallowfield|
||Manchester|
||M14 6LP|
|**Bankers:**|TSB|
||Wythenshawe|
||Manchester|





## **Wat Sriratanaram Buddhist Centre Charity Registration Number 1124872** 

## **Statement of Financial Activities for the year ended 31 October 2022** 

## **Independent Examiner’s Report on the accounts to Wat Sriratanaram Buddhist Monastery Trust Respective responsibilities of Trustees and Examiner,** 

The charity’s trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the Act) as amended by s.28 of the Charities Act 2006) and that an independent examiner is needed. 

It is our responsibility to: 

- Examine the accounts (under Section 43 of the Act, as amended) 

- Follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) o the Act, as amended) and 

- State whether particular matters have come to our attention 

## **Basis of Independent Examiner’s Report** 

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanation from the trustees concerning any such matters. The procedures undertaken do not provide all of the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts. 

## **Independent Examiner’s Statement** 

In the course of our examination, no matter has come to our attention, 

- (i) Which gives us reasonable cause to believe that in any material respect of our trustees have met the requirements to ensure that 

- Proper accounting records are kept (in accordance with Section 41 Act) and 

- Accounts are prepared, which agree with the accounting records and comply with the accounting requirements of the Act; or, 

- (ii) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

## S. A. Mirza & Co (Accountants) 

- 3 Mabfield Road, Fallowfield, Manchester, M14 6LP 

28.12.2022 

Page B 



## **Wat Sriratanaram Buddhist Centre Income and Expenditure Account For the year from 01 November 2021 to 31 October 2022** 

|**2022**<br>£<br>Donations Received<br>Less:-Expenses<br>Leasing Charges<br>-<br>Council Tax<br>1043<br>Heat and Light<br>20640<br>Insurance<br>805<br>Legal and Professional<br>10401<br>Motor Expenses<br>4556<br>Event Costs<br>3783<br>Monks Training and Expenses<br>19867<br>Purchase of Foods<br>1532<br>PSA and Postages<br>1901<br>Waste Disposal<br>-<br>Subscription<br>578<br>Telephone<br>1023<br>Travelling and Accommodation<br>5755<br>Sundries<br>1500<br>Depreciation<br>1680<br>Accountancy<br>1000<br>Net Profit / (Loss) for year ended 31.10.2022<br>Statement of Retained Profit<br>Profit on Ordinary Activities<br>Profits B/D from Previous Year<br>Retained Profit at 31.10.2022|£<br>116366<br>76064<br>40302<br>40302<br>489526<br>529828|**2021**<br>£<br>2801<br>109<br>15700<br>1049<br>120<br>3334<br>33458<br>21108<br>6918<br>1350<br>2199<br>248<br>1098<br>28491<br>1787<br>2048<br>1000|£<br>123164<br>122818<br>346<br>346<br>489180<br>489526|
|---|---|---|---|



Page 1 



## **Wat Sriratanaram Buddhist Centre Balance Sheet** 

## **As at 31 October 2022** 

|||**2022**|||**2021**||
|---|---|---|---|---|---|---|
||£||£|£||£|
|**Fixed Assets**|||||||
|Property|||505093|||505093|
|Van & Car|1827|||2229|||
|Fixture & Fitting|5822||7649|7100||9329|
||||512742|||514422|
|**Tangible Assets**|||||||
|Petty Cash|9000|||-|||
|Bank (New) TSB ****8268|29813|||31283|||
|Cash in Hand|73401|||119521|||
||112214|||150804|||
|**Liabilities**|||||||
|Loan|111596|||174684|||
|Creditors and Accruals|(16468)|||1016|||
||95128||17086|175700||(24896)|
|Total Net Assets / (Liabilities)|||529828|||489526|
|**Represented by:-**|||||||
|**Capital Account**|||||||
|Profit / (Loss) B/D|489526|||489180|||
|Net Profit / (Loss)|40302|||346|||
|Capital Introduced|-|||-|||
|Retained Profit / (Loss)|||529828|||489526|





## **Wat Sriratanaram Buddhist Centre** 

## **Notes to the Financial Statements for the year ended 31 October 2022** 

## **1. Accounting Policies – Basis of Accounting** 

These accounts have been prepared in accordance with Financial Reporting Standards for Smaller Entities (FRSSE), the Charities SORP2005 and the Charities Act 2006. 

## **Change in Basis** 

There has been no change to the accounting policies (Valuation rules and methods of accounting) during the year. 

## **Changes to previous accounts** 

No changes have been made to accounts for previous years. 

## **Incoming resources – donations, legacies and similar incoming resources** 

These are included in the Statements of Financial Activities when, 

- The charity becomes entitled to the resources 

- The trustees are virtually certain they will receive the resources 

- The monetary value can be reliably measured 

## **Tax reclaims on donations and gifts** 

Tax claims will be submitted shortly. 

## **Incoming resources with related expenditure** 

These are recorded gross. 

The financial statement was approved by the Trustees and the House Management Committee and signed on its behalf by, 

PK Sriratanadhammavides (Paganon Pilapan) 

P. Beddard