REGISTERED CHARITY NUMBER: 1132050
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
FOR
RANGJUNG YESHE UK
MGR SD Limited
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL
RANGJUNG YESHE UK
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
|
|
Page |
|
Report of the Trustees |
1 |
to |
3 |
Independent Examiner's Report |
|
4 |
|
Statement of Financial Activities |
|
5 |
|
Balance Sheet |
6 |
to |
7 |
Notes to the Financial Statements |
8 |
to |
14 |
Detailed Statement of Financial Activities |
15 |
to |
16 |
RANGJUNG YESHE UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2025
The trusteespresenttheir reportwith the financialstatementsof the charityfor the year ended 5 April 2025. The trustees
have adoptedthe provisionsof Accountingand Reportingby Charities:Statementof RecommendedPracticeapplicable to
charitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and Republic
of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
ThecharityownsLindholmeHallEstate.IthostsBuddhistseminars,studygroups,dailymeditationsessions,and special
practicedays.Thecharityofferssupportedgroup,individualandworkretreats.Itmanagestheestatethrough Higher
Level Stewardship,the SSSI portionbeingoverseenby a groupof scientificexperts.We are committedto the principals of
environmental buddhism.
ACHIEVEMENTS AND PERFORMANCE CHARITABLE ACTIVITIES
BUDDHIST ACTIVITIES DURING THE YEAR
There were five Library Cataloguing Weekends during the year.
There were two Sutra reading days, one in May 2024 and the second in March 2025
In July 2024, there was an 8 day residentialseminar with ChokyiNyima Rinpochethat was hosted on-site and attended by
120 participants.
Thereweretwogrouppilgrimages,oneinMaytoGomdeScotlandtoseeDilgoKhyentseYantseRinpocheandone to
Lumbini, Nepal in November to see the opening of the Thousand Buddha Temple at the birthplace of the Buddha.
InSeptemberandOctober2024,a3weekThreeRootsresidentialSeminarwashosted,ledbyLamaTenzinfor 25
participants.
Mondayonlinemeditationandstudysessionswereheldthroughouttheyear,aswellasTuesdayinperson meditation
and study sessions.
We are open daily for meditationsessions in the morningsand evenings at the centre. We offer special practicedays twice
monthlythroughouttheyearwhichisopentoeveryone.Wealsovisitedlocalschoolstoprovideinsightintopractice of
Buddhism.
We offered solitary retreats (shortest retreat 5 days and longest 1 year) to 19 practitioners throughout the year.
Page 1
RANGJUNG YESHE UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2025
ACHIEVEMENTS AND PERFORMANCE
ENVIRONMENTAL ACTIVITIES DURING THE YEAR
We continue to manage the whole estate under Higher Level Stewardship. We are expanding our organic garden.
ContinuationofourLOMMGroup(agroupofscientificadvisors)meeting4timesayearforoverviewoftherarest SSI
partsoftheestate.TheLOMMGroupusingworkpartydaysalsooverseetheMosseryProjectandthetwo Mossery
polytunnelsgrowingsphagnummosswiththeviewtopopulatethesurroundingMoorwiththesphagnummoss and
reestablish the moor as a lowland raised mire.
This is an ambitiousprojectcalled The Mire Emergencywhich aims to assist with the regenerationof the surrounding NNR
mirehabitat.Theprojectentailsthepropagationof'hummockforming'&'peatmaking'mossesfromtheSSIon the
Lindholme Hall estate which when planted on the wider Moor will enable a swifter regeneration of the 3,500-acre site.
This project was filmed by the BBC in January and aired 16 February 2025 on BBC Sunday Morning Live.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1132050
Principal address
Lindholme Hall
Lindholme Bank Road
Hatfield Woodhouse
Doncaster
DN7 6DT
Trustees
Mrs H M Lemanczyk - Zielke
Mr D A Benjamin
Ms P Lemanczyk
Mr W H Tautz
Ms H Felcey
Independent Examiner
Simon Sefton
MGR SD Limited
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL
Page 2
RANGJUNG YESHE UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025
Approved by order of the board of trustees on 4 February 2026 and signed on its behalf by:
Ms P Lemanczyk - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
RANGJUNG YESHE UK
Independent examiner's report to the trustees of Rangjung Yeshe UK
IreporttothecharitytrusteesonmyexaminationoftheaccountsofRangjungYesheUK(theTrust)fortheyear ended
5 April 2025.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
I reportin respectof my examinationof the Trust'saccountscarriedoutunderSection145 of the Act andin carrying out
my examinationI havefollowedallapplicableDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
Act.
Independent examiner's statement
Since your charity'sgross income exceeded £250,000your examinermust be a member of a listed body. I can confirm that
I am qualifiedto undertakethe examinationbecauseI am a memberof the Instituteof CharteredAccountantsin England
and Wales, which is one of the listed bodies.
I havecompletedmyexamination.I confirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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 requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concernsand have come across no othermattersin connectionwith the examinationto which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Simon Sefton
MGR SD Limited
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL
4 February 2026
Page 4
RANGJUNG YESHE UK
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
2
Investment income
3
Total
EXPENDITURE ON
Raising funds
Charitable activities
Retreats and conservation
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD |
Unrestricted
fund
£
96,773
85,588
1,768
184,129
33,705
103,055
2,820
139,580
44,549
1,061,249
1,105,798 |
Restricted
fund
£
220,047
-
-
220,047
-
14,016
-
14,016
206,031
-
206,031 |
5.4.25
Total
funds
£
316,820
85,588
1,768
404,176
33,705
117,071
2,820
153,596
250,580
1,061,249
1,311,829 |
5.4.24
Total
funds
£
96,275
113,970
1,768 |
|
|
|
|
212,013 |
|
|
|
|
34,555
147,724
1,920 |
|
|
|
|
184,199 |
|
|
|
|
27,814
1,033,435 |
|
|
|
|
1,061,249 |
The notes form part of these financial statements
Page 5
RANGJUNG YESHE UK
BALANCE SHEET
5 APRIL 2025
Notes
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Stocks
7
Debtors
8
Cash at bank
CREDITORS
Amounts falling due within one year
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one year
10
NET ASSETS |
Unrestricted
fund
£
1,694,463
925
797
162,649
164,371
(9,780)
154,591
1,849,054
(743,256)
1,105,798 |
Restricted
fund
£
124,269
-
-
81,762
81,762
-
81,762
206,031
-
206,031 |
5.4.25
Total
funds
£
1,818,732
925
797
244,411
246,133
(9,780)
236,353
2,055,085
(743,256)
1,311,829 |
5.4.24
Total
funds
£
1,689,844
925
1,538
102,301 |
|
|
|
|
104,764
(12,604) |
|
|
|
|
92,160 |
|
|
|
|
1,782,004
(720,755) |
|
|
|
|
1,061,249 |
The notes form part of these financial statements
continued...
Page 6
RANGJUNG YESHE UK
BALANCE SHEET - continued 5 APRIL 2025
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS |
1,105,798
206,031
1,311,829 |
1,061,249
- |
|
|
1,061,249 |
ThefinancialstatementswereapprovedbytheBoardof Trusteesandauthorisedforissueon4 February2026and were
signed on its behalf by:
Mr D A Benjamin - Trustee
Mrs H M Lemanczyk - Zielke - Trustee
Ms P Lemanczyk - Trustee
The notes form part of these financial statements
Page 7
RANGJUNG YESHE UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewith the CharitiesSORP (FRS 102) 'Accountingand Reportingby Charities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicablein the UK and Republicof Ireland(FRS 102) (effective 1 January2019)', FinancialReportingStandard 102
'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andtheCharitiesAct2011. The
financial statements have been prepared under the historical cost convention.
Income
All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds,it is
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itis probablethata transferofeconomicbenefitswillberequiredinsettlement and
the amountof the obligationcan be measuredreliably.Expenditureis accountedfor on an accrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property |
- not provided |
Plant and machinery |
- 25% on reducing balance |
Fixtures and fittings |
- 25% on reducing balance |
Motor vehicles |
- 25% on reducing balance |
Stocks
Stocksare valuedat the lowerof costandnet realisablevalue,aftermakingdueallowancefor obsoleteand slow
moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds represent money received and spent for capital projects.
continued...
Page 8
RANGJUNG YESHE UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025
2. OTHER TRADING ACTIVITIES
3.
Shop income
Retreats
Grants and scheme income
Events and auctions
INVESTMENT INCOME
Rents received |
5.4.25
£
5,462
56,947
16,670
6,509
85,588
5.4.25
£
1,768 |
5.4.24
£
10,914
55,209
40,595
7,252 |
|
|
113,970 |
|
|
5.4.24
£
1,768 |
4. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended5April2025norfortheyear ended
5 April 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
Unrestricted |
|
fund |
|
£ |
INCOME AND ENDOWMENTS FROM |
|
Donations and legacies |
96,275 |
Other trading activities |
113,970 |
Investment income |
1,768 |
Total |
212,013 |
EXPENDITURE ON |
|
Raising funds |
34,555 |
Charitable activities |
|
Retreats and conservation |
147,724 |
Other |
1,920 |
Total |
184,199 |
continued...
Page 9
RANGJUNG YESHE UK
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2025
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
6.
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 6 April 2024
1,688,520
Additions
124,269
At 5 April 2025
1,812,789
DEPRECIATION
At 6 April 2024
-
Charge for year
-
At 5 April 2025
-
NET BOOK VALUE
At 5 April 2025
1,812,789
At 5 April 2024
1,688,520 |
Plant and
machinery
£
3,900
-
3,900
3,777
30
3,807
93
123 |
Fixtures
and
fittings
£
32,748
-
32,748
32,041
177
32,218
530
707 |
Motor
vehicles
£
1,350
6,600
7,950
856
1,774
2,630
5,320
494 |
Unrestricted
fund
£
27,814
1,033,435
1,061,249
Totals
£
1,726,518
130,869
1,857,387
36,674
1,981
38,655
1,818,732
1,689,844 |
Unrestricted
fund
£
27,814
1,033,435
1,061,249
Totals
£
1,726,518
130,869
1,857,387
36,674
1,981
38,655
1,818,732
1,689,844 |
|
|
|
|
|
1,061,249 |
|
|
|
|
|
Totals
£
1,726,518
130,869
1,857,387
36,674
1,981
38,655
1,818,732
1,689,844 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
continued...
Page 10
RANGJUNG YESHE UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025
7.
STOCKS
Stocks
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 11)
Trade creditors
Taxation and social security
Other creditors
10.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 11)
Other creditors
11.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years |
5.4.25
£
925
5.4.25
£
797
5.4.25
£
7,410
-
75
2,295
9,780
5.4.25
£
8,256
735,000
743,256
5.4.25
£
7,410
8,256
735,000 |
5.4.24
£
925
5.4.24
£
1,538
5.4.24
£
7,410
1,502
16
3,676
12,604
5.4.24
£
15,755
705,000 |
5.4.24
£
925
5.4.24
£
1,538
5.4.24
£
7,410
1,502
16
3,676 |
|
|
|
12,604 |
|
|
720,755 |
|
|
|
5.4.24
£
7,410 |
|
|
|
15,755 |
|
|
|
705,000 |
|
continued...
Page 11
RANGJUNG YESHE UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025
12. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Capital Projects
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Capital Projects
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS |
At 6.4.24
£
1,061,249
-
1,061,249
Incoming
resources
£
184,129
220,047
404,176
At 6.4.23
£
1,033,435
1,033,435 |
Net
movement
in funds
£
44,549
206,031
250,580
Resources
expended
£
(139,580)
(14,016)
(153,596)
Net
movement
in funds
£
27,814
27,814 |
At
5.4.25
£
1,105,798
206,031
1,311,829
Movement
in funds
£
44,549
206,031
250,580
At
5.4.24
£
1,061,249
1,061,249 |
|
|
|
|
continued...
Page 12
RANGJUNG YESHE UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
212,013
212,013 |
Resources
Movement
expended
in funds
£
£
(184,199)
27,814
(184,199)
27,814 |
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Restricted funds
Capital Projects
TOTAL FUNDS |
At 6.4.23
£
1,033,435
-
1,033,435 |
Net
movement
in funds
£
72,363
206,031
278,394 |
At
5.4.25
£
1,105,798
206,031 |
|
|
|
1,311,829 |
A currentyear12 monthsandprioryear12 monthscombinednetmovementin funds,includedin theabove are
as follows:
Unrestricted funds
General fund
Restricted funds
Capital Projects
TOTAL FUNDS |
Incoming
resources
£
396,142
220,047
616,189 |
Resources
Movement
expended
in funds
£
£
(323,779)
72,363
(14,016)
206,031
(337,795)
278,394 |
|
|
|
continued...
Page 13
RANGJUNG YESHE UK
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2025
13. RELATED PARTY DISCLOSURES
Otherloansdueaftermorethanoneyearinclude£470,000(2024£470,000)owedtoMrsM H Lemanczyk-Zielke
and £150,000 (2024 - £150,000) to Mr D Benjamin who are the trustees of the charity.
Page 14
RANGJUNG YESHE UK
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
|
5.4.25 |
5.4.24 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
297,057 |
70,201 |
Gift aid |
19,763 |
26,074 |
|
316,820 |
96,275 |
Other trading activities |
|
|
Shop income |
5,462 |
10,914 |
Retreats |
56,947 |
55,209 |
Grants and scheme income |
16,670 |
40,595 |
Events and auctions |
6,509 |
7,252 |
|
85,588 |
113,970 |
Investment income |
|
|
Rents received |
1,768 |
1,768 |
Total incoming resources |
404,176 |
212,013 |
EXPENDITURE |
|
|
Other trading activities |
|
|
Cost of goods sold |
1,554 |
435 |
Retreat expenses |
32,151 |
34,120 |
|
33,705 |
34,555 |
Charitable activities |
|
|
Wages and staff costs |
23,505 |
27,820 |
Rates and water |
3,483 |
3,308 |
Insurance |
9,753 |
4,572 |
Light and heat |
5,040 |
10,312 |
Telephone |
3,889 |
3,683 |
Postage and stationery |
1,101 |
988 |
Advertising |
3,953 |
334 |
Sundries |
5,736 |
6,130 |
Property upkeep costs |
21,067 |
52,884 |
Motor and travel expenses |
13,813 |
14,249 |
Carried forward |
91,340 |
124,280 |
This page does not form part of the statutory financial statements
Page 15
RANGJUNG YESHE UK
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
|
5.4.25 |
5.4.24 |
|
£ |
£ |
Charitable activities |
|
|
Brought forward |
91,340 |
124,280 |
IT software and consumables |
1,670 |
1,288 |
Professional fees |
6,684 |
15,870 |
Plant and machinery |
31 |
41 |
Fixtures and fittings |
1,950 |
236 |
Motor vehicles |
- |
164 |
|
101,675 |
141,879 |
Support costs |
|
|
Finance |
|
|
Bank charges |
3,111 |
1,639 |
Bank interest |
593 |
682 |
|
3,704 |
2,321 |
Other |
|
|
Donations |
11,692 |
3,524 |
Governance costs |
|
|
Accountancy and legal fees |
2,820 |
1,920 |
Total resources expended |
153,596 |
184,199 |
Net income |
250,580 |
27,814 |
This page does not form part of the statutory financial statements
Page 16