CHARITY NUMBER: 1132050 REPORr or THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 FOR RANGJUNG YESHE UI< MGR SD Lijiiiled Cliarlercd Accountajils 55 Loudouii Road Loiido NW8 ODL
RANGJUNG YEISIIE UK CONTENTS ort TFIE filNANCIAL STATEMENTS FOR'fiiE YEAR LNDED 31 MAIICTr12023 Pa8e Legal Ind administralive infOrnli0ll Trn51ees Report Accouiilaiit< reporf Statwnujt offiL)aiicÈal RctLVlties Diliii¢¢ $litti Notes to tILe fiiiaiicial SlHtcrnciil$
RANGJUNG YESHE UK LEGAL AND ADMINISTEIATIVE INbORMATION FOII I'IIE YEAR ENDED 31 MARCFI 2023 Triistces- Ms P Lemanczyk MTS M H L¢man¢zyk-Zielke MT D Beiijamiii Ms S N*vaTez Ms H Felcey Ti"ust AtJdress- Lijidliolnie Hall Lindliolnie Bank Road Haifjcld Woodl)ouse DoiJc2St¢ DN7 6DT Registered Cliarity Nuniber: 1132050 A¢tountaiits.' MGR SD Liinil¢d Cliartercd Accouiilaiits 55 Loiidouii Road Londoji NW8 ODL Page I
RANGJUNG YESTrIE UK TRusfEEs ilEI'OIIT FOII TIIE YEAR ENDED 31 MARCTrI 2023 Tlie trtjstees present tl)eir ai)nllal report and fiiiwi¢ial siat¢m¢ii¢s foi- Ilie year eIided 31 Mai-cli 2023. Tl?e ITusiees coijfjrin coinpliance willi Ilie Cliai-ilies Act 2011 aiid ilie ITUSI deed aiid l)ave adoplcd tlie provisiojis of Ilic StateJi)enl of Recomniended Pia¢tice. Accoiiiiting and RepoTlin8 by Cliai'itics ISORP), iii preparin8 the aiJ)iual report aiid financial stlc teiments of Ilic chal'ity. PrincipAI aetivities aTiII obj¢¢ts of tlic cliarlty Tl)e charity is ¢oiistitJted as a tLliSt, aiid is tlierefoiE goveriied by a trust deed. Tlie elJarity'5 object i5 twofold.. -TlJe advaiiceinenl of rli¢ Buddliist faith in A¢eoL-dai)cc with thc tTadition of Vajrayaiia {Tibctaii) Biiddljistn ai)d iii parlicular ilie ¢liokling teisar liiieage fot. tlie public b¢nefit. -To PL'OLnote foi. Ilie bciiefit of the piiblic tlie conscrvatioii, pi'otection and iinprovttnenl of the Lindl)olinc estate, includiiig tlie Lindliolmc Old Mooi. aiid tlie adjacejit wetlands as a pla¢¢ ofi-icli biodiv¢isily aIid e¢ologi¢al aiid cnviroiiincnlal iiiterest. OrgAiilsatlon Tlie cliai'ity IS OlEani5ed so tlial tl)c truslccs Jiieel regularly to Jnanagc ils affairs. All of tlie Iriislees Juined on page 15crved tliiDugtiout thc ycar. The Board has powcr lo appoint additional InTsltcs as it considei"s fjl to do 5Q. PritkClPAI fundiiig sourtcs Tlje charity fuiids its operatioi) fi-oiii the doiiaiioiis il Te¢eives frtsin the general public. Res¢rv¢$ policy It is tlie policy of tlje cliariLy to i)iaiiitaiii uiiiEstricied fiinds, wliicli are ihe free reseives ofiiie ¢liai-ity. at a level, wliicli ciiables Ilie clmrity to adequately sui)poit its activities. UiJreslTleted fiinds wer¢ iiiaiiitaiii¢d ai Iliis level Rlsli ii)A Th*g¢iJi¢nt Tlie ttustecs liave exainined tlie inajor strategic, Iwsiiiess ai)d operatioiial risks wliicli tlje cliai'ity faces aiid coiifiiin tliat 5ysieiM5 liave been establi51ied to enable J'egulai. i'eport5 to be pioduced so ilial ilie iieces5ary steps cali be takeii to lesseii tl)cse risks. Fiiiajietal revlciv The Charity received £152,130 {2022.. £110.468} ill tlie forin of doiiatioi)s aiid rcccived iEiits of £1,802 {2022.. £1.768) dul'ing tl)c year. Thei'e was expcndilure on inai)ageJiieiit 811d adJiiiLiislratioJi of tlic cliaj'ity of £126,868 12022.. £87,069). The chai'ity'5 resveS stood al £1,033,435 12022.. £1,006,371) of wliicli £1,677,465 (2022.. £1,677.203) werc lai)sible a55ets {prin12rily Liiidliolnie H811 Esiate) and £644,030 12022.. £670.832) were net Page 2
RANGJUNG YESHE UK
TRUSTEES REPORT (Continued) FOR THE YEAR ENDED 31 MARCH 2023
Statement of trustees' responsibility
The trustees are required to prepare financial statements for each financial period which give an accurate view of the financial activities of the charity and of its financial position at the end of that year. In preparing those financial statements the trustees are required to:
Select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent;
observe the methods and principles in the charity Statement of Recommended Practice (SORP);
select accounting policies and apply them consistently;
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations of 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other i1Tegularities.
This report was approved by the trustees on 30 January 2024 and signed on their behalf.
Mr D Benjamin Trustee
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INDEfENf)ENT ACCOUN'fANTS' RCI PORT'fo Tl.IE TIIUS'J'L4 SS ON TIIE UNAUDITbl) blNANCIAL s'fA'fEMENTS OF RANGJUNG YESFIF UK The cliarity's tTUSlCCS arc rcspoiisible for tlic prcparatioii of tl)e accouiils. Tlic cliarily's IIu51ccs Consider Iliai lil audil is iiot required for iliis ycar uiider s¢cfioii 144 of tlle Cliaritlcs Act 2011 {tlie ChTiii<8 Act) Riid IliAt an iiidependeii¢ ¢xninina¢ion is n¢¢dcd. It IS OUT responsibilily ¢0.. txamiiic Ilic accounts under JeetLOlI 145 of the Charitics Act. to follow Ilie pro¢¢dur¢s laid down ith ihe g¢nenl Dirtttions given by th¢ Cliarity Commission luTrderwtion 145151(bl ofih¢ Chaiiiies Act. and to 5t#te le11]er parlkcular Inaiters have eome to our attenti. Our examination was carried oul iii o¢cordatice with get]er21 Dirttiion$ giveli by tlie Clwity Cornmissk)n. An ¢xaminalion includes a review of o¢¢ouTrling records kepi by ihe tluriiy And g ¢011)po1ison of Ilie accounls prescntcd with tliose records. li a150 includc5 consideration of any unusual ilein5 or di5c105ures in the o¢¢ounts, d scckÉn8 cxplanBtions from the trustCC5 conccrning any 5udi matters. Tlie procedure5 uiidciiaken do not provide all thc eYiden¢c ihat would be requircd in ali audit, and eonsequcntly no opinion is given as lo wlicther the arKounts pr¢5enl a 'true aiid faiT' vi¢w and tl)e retrt)rt is liniited lo those InatteTS set out it) Ilie s181eiiieiil bclow. In ¢onr)ection wilh our exominaiioii, no Inatter ljas coJt)e to ollr aiieniion- l. which give5 us reasojidble caiLSC to bcli¢v¢ tlial ii). aiiy malerial re5p¢cI, tlie r¢quiT¢meJiis'. to keep accouiiliiig rceords iii accordaiice willi 5ectioii 130 of tlie Cliarilics Act. aiid to prepare occouiils wliicli accord witli tlie a¢couiitinE recoi-ds aiid coinply witli ilie a¢¢ouiiliiig T¢quirciiiei)Is of ilie aiariii¢s Acl liavc not beei) met.. oi. 2. 10 wliicli, in our OPLJIjOII. Atteiition sholild be drawn iii ordeL' to ciiable a pix>i)ci' Iiiidci'staiidiiig of tlie iccounls lo bc reacljed. MGR SD Limited Cliarlcred Accounlaiils 55 LoiidoLll1 Road Loikdon NW8 ODL 30 January 2024 PAge 4
RANGJUNG YESIIE UK s'rA'fEMEINT Ob. blNANCIAL AcfiviTIES FOR THE y£IAR £4 NDED 31 MARCH 2023 TotAI Fun(Is 2023 Tot&1 Funds 2022 Iyote INCOMING RESOUIICCI S DoiialioLlS, legacies aiid sijnilai ilico118 resources 152.130 110.468 Otliei. i10e 1,802 1.768 Ttstgl incominLF resources 153.932 112,236 RESOURCES EXPENDED Resollrces expcjidcd oil maJiagiii8 aiid 126.868 87,069 Totnl rcsoiErce5 expeii(led 126.868 87.069 NET MOVEMENT IN FUNDS 27,064 25,167 Total funds brouglii forward 1,006,371 981,204 TOTAL FUNDS CAllllIEI) f4OIIWAIII) 1.033,435 1,006.371 Deiails of R¥soiitces Expthid¢d ar¢ giveii iii Ilie iioles io tlje fjiiaiicial siatejnents. All ijicoijiiiig J'esourees aiid fuiids at 31 March 2023 and 31 Marcli 2022 are untesti'icted fuiids. Pagc 5
RANGJUNG YESHE UK
BALANCE SHEET AS AT 31 MARCH 2023
| FIXED ASSETS Tangible assets CURRENT ASSETS Other debtors Stock Cash at bank CREDITORS Amounts flling due within one year NET CURRENT ASSETS CREDITORS Amounts flling due more than one year TOTAL ASSETS LESS LIABILITIES Unrestricted fnds TOTAL FUNDS Note 3 4 5 Approved by the trustees on 30 January 2024 and signed on its behalf by: Mr D Benjamin - Trustee |
£ 624 1,110 112,020 113,754 24,632 2023 £ 1,677,465 89,122 1,766,587 (733,152) 1,033,435 1,033,435 1,033,435 |
£ 1,110 113,762 114,872 10,095 |
2022 £ 1,677,203 104,777 |
|---|---|---|---|
| 1,781,980 (775,609) |
|||
| 1,006,371 1,006,371 |
|||
| 1,006,371 |
The annexed notes form part of these financial statements.
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RANGJUNG YESTrIE UK NO'fES TO TIIE FINANCIAL STATEMENTS AS AT 31 MARCH 2023 I. ACCOUNTING I'OLICIES Ac¢ovntiiig Thc Fiiiancial StateiiJcnts arc preparcd under tlit liislorical cosi coJivcnllOlI aiid liavt beeii prepaitd iii aceoidaiite willi the Stat¢m¢ni of Eiccosnniended P1ctiCe, Accouiiling aiid Reporting by Cliarilies, applicaL)l¢ UK Accoiiiiling Siandai'ds aiid Tli¢ Charities Act 2011. Iiiootniiig rc50urccs All incoinijig r¢50urces are iiicluded iii the Sratement of Financial Activitie$ when tlie chaTKty is Icgally ciilitled to the incoin and the nniouiit be quantificd witli reasoiiablc acci1¢Y. Iii thc opillion of the trustets iioiic of the iiicominB rcsourees of tlie coinpaL)y is aiiribulable 10 geoErapliical niaikets outside tlie UK. Dojjations aTe aceounlcd foi as received by Il)e clJa]'ily. R¢ntal income is credil¢d to tlie Staleiiieiil of Fillancial Activitie5 wlien ieceivcd by Ihc cliarily. Rcsources expeiided All expendiluTe is accounted foT oli ali accruals basis and lias beeii classified uiidei Ilie ljeadiiiÈ8 Iliai aggregate all cogis I'elated to itie category. Wliere costs catjiioi be ditecily aiiribuied 10 pariiculai lieddiiigs iliey112ve beeli 2lleeaied 10 atlivilies oil a b2si$ coiisislejii willi use of Ilje resouices. Tangible fixed assets Dcprecialioii is provided foi- at tlic folloiviiTrg aiiiiual Taic in OTder lo wiilt off eacli assth over i15 C5tiiiia( useful life. Laiid, buildings 2nd iinpffjveineiils iioi depreciated as ilie cliariiy aiiiis lo Ca out cotiiinuous iinptoveitteiils 25Q/o oil reduciiig balaiice 25¢/0 011 i¢duc&iig tsalaiic¢ 250/0 oji ieductiiB balallce Moior veljicles 2. RESOUJICES EXPENJ)ED ON MANAC.ING AND ADMINISTERINC TJIE CIIAIITTY 202.1 2022 Propei1y expendiluit GoveiTran¢¢ Costs 42,947 1,920 3.023 78.978 19.422 1,8QO 3,383 62,464 Oihu expciise$ 126,868 87.069 Pa8e 7
RANGJUNG YESTrIE UK NOTES TO TI.IE fiNANCIAL s'fATEMENTS AS AI'31 MARCH 2023 3. TANGIBLE FIXED ASSETS Laii(I, buildiii&Ts and Pl#iJt llnd InaclJiThery Fixtiires and Motoi. vcliiclcs Total COST At l April 2022 Additions 1.675.700 500 850 3.900 32.748 1.600,208 850 At 31 Marcl) 2023 1,675.700 1,350 3,900 32,748 1,713.698 DEPREI CJATION At l April 2022 Cl)aTg¢ foL- tlie yeai. 472 219 3.681 55 31.492 314 35.144 588 At 31 Mar¢li 2023 692 3.735 31,806 35,732 NET BOOI< VALUE At 31 MaTclI 2023 1.675.700 658 165 942 1,677,465 At l April 2022 1.675.700 28 219 1.256 1,677,203 All fixed assels of ilic coiiipany al'e used fol. cliai'ilablc puJy05es. 4. CREDITORS: AMOUNTS FALLING DUE wi'ri.IlN ONE YEAII 2023 2022 Trade and sundry cieditois A¢¢riials tA)ans 15,908 1,300 7,424 1,619 1,300 7,176 24.632 10.095 S. CREDITORS: AMOUNTS FALLING DUE MORE THAN ONE YEAR 2023 20Z2 733.152 775,609 733.152 775.609 6. RELATED PAIITY TRANSACTIONS LoaLiS in¢lude an amotijil of £470,000 (2022.. £470,000) owcd to Mrs M H LemRnczyk-Zielke and £150,00012022.. £150,000) owed to D Beiijaimin 11 5 at the balciiice slieet dal¢. Pagc 8