HARTRIDGE BUDDHIST MONASTERY TRUST
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
REGISTERED COMPANY NUMBER . 7387479
REGISTERED CHARITY NUMBER . 1142439
Essell
29 Howard Str8et
North Shields
Tyn8 and Wear
NE30 1AR
T¢l.. 0191259 2743 Fax '. 0191257 2249
E-mail . info
essell co.uk
Ret. ACR12530

HARTRIDGE BUDDHIST MONASTERY TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
CONTENTS
Report of the Trustees
Page1-3
Independent Examiners Report
Page 4
Statement of Financial Activities
Page 5
Balance Sheet
Page 6
Note5 to the Financial Statements
Page7-8
Detsiled Statement of Financial Activities
Page 9
Prepared by Essell Accountsnls Limited
29 Howard Street
North Shields NE30 1AR
Tel.. 0191 259 2743 '. Fax 0191257 2249
E-mail.. info@essell co.uk
Ref.. ACR12530

HARTRIDGE BUDDHIST MONASTERY TRUST
Page 1
REPORT OF THE TRUSTEES
The trustees who are also directors of the charity for the purposes ofthe Companies Act 2006,
present thoiT report wth the financial stslements of the charity for the year ended 31 December 2023
The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI
A￿Unting and Reporting by charib.es issued in March 2005.
REGISTERED OFFICE
Hartndge Buddhist Monastery, Upottery, Honiton, Devon, EX14 9QE
REGISTERED COMPANY NUMBER
7387479
REGISTERED CHARITY NUMBER
1142439
TRUSTEES
Df Maxim Alexander Mackay-James
Robert Whitue
Julian Wall
Anne Williams
Charfe$ Graves
P$nelope Wakefièld - Pearce
M Foster- res19ned
COMPANY SECRETARY
Alex C Robinson
114DEPENDENT EXAMINER
Paul W Katz
FCCA
Essell
29 Howard Street
North Shields
Tyne and Wear
NE30 1AR
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing docum*nt
The charity is controlled by its goveming document, and constitutes a limited comp8ny,
limrtgd by guarantee. as dèfined by the Companies Act 2006.
R•¢ruhment and Appointm•nt of n•w trustees
The subscnbers to the Memorandum are the firsl Members of the Charity. Membership Is subsequently opon
to other indwiduals who are Mon8sb"c Sangha residents at the HartTidge Buddhist Monastery by Ordinary
Resolution at the Annual General Meeting or Extraordinary General Meeting
New Irustees are identified and recruited by the existing tru3tee$ and resident monastics ¥%Y)rking together
and fonnally appointed by rèsolution of the members.
Rlsk Management
The trustees have a dLty to identify and review the risks to which the charity is exposed and to en$ure
appropriate controls are in placè to provide rèasonable assurance against frau¢J and error.

HARTRIDGE BUDDHIST MONASTERY TRUST
Page 2
REPORT OF THE TRUSTEES CONTINUED
Objectlves and Aiffls
The Objectives of the Chanty are to promote and further the teaching of the Buddha (Buddha Sasanal by..
providing, maintaining 2nd supporting, in accordance with the principles of the Theravada Vinaya,
residential estsblishments for a monastic sangha of the persons who have undertaken the Rules of training
Isikkhapadal
Supporting lay people in the practice and teachings of the Buddha". and
- Such other means as may from time to time be decided
Revlew of A¢tlvltles
The Trust is the suG¢ession Trust of the Devon Vihara Trust Icharity no. 289636)
The main financial responsibility of the trust Is the development, maintenance and upkeep of Hartridge
Buddhist monastery. This continues to attract members of the public of all faith5 who are interested lo learn
about. or deepen their understanding of Buddhism and are able to visit or slay al the monastery.
The monastery is the focal point for an extensive community. It provides spiritual support to and Is generously
supported by expatriate members of the Thai. Sri Lankan, Cambodian and Lao communities, as well as UK-
born Buddhists. The annual Kalhina and Vesak ceremonies held at the monastery both attract 100-200
visitors.
The monasterie5 are open to the public on a daity basis and all are welcome to join in the formal meditation
and pula activities. Some visitors request lo slay for an extended period in order to deepen their practice of
the Buddhist religion. Olhefs gain benefit Irom the peaceful and calm woodland environment where ecological
conservation is being undertaken through the contribution of volunteers.
Meditation classes, which are open to all members of the public whatever their faith and personal
circumstances, are run on a regular basis. These classes are provided free of charge. Mindfulness
meditation and the cultivation of loving kindness are practices with proven therapeutic benefits which have
been adopted and adapted by healthcare professionals.
Medit31ion classes and residents'al retreats at other locations, as well as public talks and lectures, are given
during the year, and these include visits lo schools and other organisalions.

HARTRIDGE BUDDHIST MONASTERY TRUST
Page 3
REPORT OF THE TRUSTEES CONTINUED
OBJECTIVES AND ACTIVITIES
ACHIEVEMENT AND PERFORMANCE
The rnonasti¢ communrty at Hartridg8 has increased In svze with the phasing in of three new kutis buitt this year
and last. The ￿SIdent community numbered seven to nine, wth a peak for a perrod of ten, which rneant that the
monastery was full much of the tsme As usual, the￿ would generally be two to four lay guests at any one time.
Medrtation Nsorkshops were s%EII attended, and consequenUy extra workshops were held. F89tNa1 days *Ere Istll
attended, including a lar9e and suc(xssful Kathina festival in Novembe* beld in Chard. Several retreats were
taught elsewhere, and another SUC￿s￿l Thai weekend retreat was held at the monastery. There were many
Inter-monastery visits and ex¢hange5, induding monks coming from America and Amaravati for the three month
Rains Retreat, and at other bmes of the year for short or longer stays.
Total donation$ during the year were £118,474. Ofthis amount £26.000 was towards the construction of new
kutis, Spending on thè kutis in the year was ￿3.350.67 The Trust spent ￿9.539 on the day-to-day running
expendrtur8 of Hartridge. of which £7099 was for the cnsts of ￿"8￿n Jutindharo'5 V5Slt to New Z8aland which was
sponsor&S by a donor. and £924 was on administration for the independent exarniners f88.
Un￿StriCted incorne was £93.358 olwhich £7,322 wa5 Gift Aid from HMRC, £884 wa8 bank deposit interest.
and £1.785 was payment under the Renewable Heat Incentive scheme for heat generated by the log boiler. The
restricted travel lund expended £1.579 on running costs of the car. leaving a balance in the fund of £366 al year
end. The Welfare fvnd expended £660 leaving a balan￿ of £5,341 at 21 De￿mber 2023.
One new kuti was comwed during the year, and a $8cond which had been stsrted in 2022 Vfds also complebl.
The Trust thntffied that onginal Cottage is inereasingly not fit-for-purpose. and ks in need ol Major wort.
Architects were ¢ommission8d to conduct a feasibility study Into the options for extendin￿renovating or
replaring the Cottage. Al the end of the year the trust was about to approach East Devon Distnct Council with a
pre-planning application to establish what mNJht be possible The Twst's ex￿$ fvnds have trKen designatèd
for & future Cottage renewal pro￿
FINANCIAL REVIEW
Reserv￿ and Investment Pollcy
The Trust holds a contingency reservè of £15,(￿, primarily to cover any sudden and major f811 in voluntary
Income This surn represents apprtsximately one year Of core expenditure, so it Is thought that if a situation ar056
where either short or long tem Income seemed In doubt, the reserve would provide a period of between one to
th￿e years for the trustees to consider how best to proceed The reserve was also available as a contingency
against cost over-runs dunng the Dhamrna Hall project. as cash flow needed to be carefully considered at
various Stsges. However, by the en¢J of 2019. the Dhamm8 Hall project had effectively been completed, and
the￿ are no immediate large capital proJ8Ct$ planned. although the￿ are some tentative ￿eaS for further ahead.
The Tru3fs unrestricted cash asse¢s over and above the rèserve are designated for future capital projects.
Currtntly these assets are held In a current aceount as the tru51ees lake a cautious view on nskier Investment,
interest rates deposit a￿￿ntS are exceptionally low, and the sums Involved 80 relatively Small.
ON BEHALF OF THE BOARD..
Tru•tse: Dr M Mockay-Jam

HARTRIDGE BUDDHIST MONASTERY TRUST
IA Company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HARTRIDGE BUDDHIST MONASTERY
TRUST LTD
I report on the accounts of Hartridge Buddhist Monastery Trust for the year ended 31 December 2023, which
are set out on pages 5 to 8.
This report is made solely to the trustees, as a k)ody, in accordance with the regulations made under
Section 44 of the Charities Act 1993. as amended by the Charities Act 2006. My work has been
undertaken so that I might slate to the charity's tfustees those matters l am required lo slate lo them in an
independent examinerfs report and for no other purpose To the fullest extent pemitted by law. I do not
accept or assume responsibility lo anyone other than the charrty and the charity's trustees, as a body. for
my work, for this report, or for the opinions I have fomied.
Page 4
RespectNe responsibilities of trustees and examiner
The trustee5 (who are also director5 of the company for the purposes of company lawl are responsible for
the preparation of the accounts. The trustees consider that an audit is not required for this year under
section 43121 of the Charities Act 1993 (the Act) and that an independent examination is needed.
Having satisfied rnyseW that the charity 15 not subject to an audit under company18w and is eligible or
independent examination it is my responsibility lo..
Examine the accounts under section 43 of the Act., lo follow the pr¢xedures laid down in the General Diredions
given by the Charity Commission under section 4317llbl of the Act", and to stale whether particular matters have
come to my attention.
Basis of independent examinerfs statement
My examination was carried out in accordance wth the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison ol the
acGounts presented wth those records. 11 also includes eonsideralion of any unusual items or disc105ures
in the accounts. and seeks explanations from you as Iruslees conceming any such mallers. The procedures
undertaken do not provide all the evidence that would by required in an audit, and consequently no opinion is
given as lo whether the accounts present a, true and fail, view and the report Is limited lo those sel out in the
statement below.
Independont examinerfs Statement
In ￿nnectiOn wsth my examination. no matter has come to my attention..
1.} which gives me reasonable cause to believe that in any material respect, the requirements,.
- to keep accounting records in accordance wtlh section 386 of the Companies Act 2006,. and
lo prepare accounts which accord with the accounting records and to comply with the accounting requirements
of sectton 396 of the Companie$ Act 2006 and with the methods and principles ol the Statement of
Recommended Practice." Accounting and Reporting by Charitie5',
have not been met," or
2.1 lo which, in my opinion. attantion should be drawn in order to enable a propor understand of the
ac￿Unts to be fe
ched.
PaL¢I W Katz FCCA
ESSELL ACCOUNTANTS, North Shields
Dale..
F)(k(l*

HARTRIDGE BUDDHIST MONASTERY TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENOED 310ECEMBER 2023
Unrestricted Restricted Total Funds
Funds
Funds
3111212023
Page 5
Total Funds
3111212022
Notes
INCOME AND ENDOWMENTS FROM
Donats'ons and Legacies
Income from Investment$
Total income and endowments
92,474
26,000
118,474
884
119,358
122,394
93,358
26,000
122,394
EXPENDITURE ON
Expenditure on Charitable activrties
27,300
2,239
29,53g
23,379
REVALUATION
Net Mov¢ment in Funds
Transfer betweon Funds
Totsl Funds Brought Forward
Total Funds Carried FopNard
66.058
135,829}
405,917
436,146
23,761
35,829
922.110 1.328,028
981,700 1.417,846
89,819
99,015
1,229.013
1,328.028

HARTRIDGE BUDDHIST MONASTERY TRUST
Page 6
8ALANCE SHEET AS AT 31 DECEMBER 2023
31112r2023
Restricted Total
Funds
Funds
3111212022
Total
Funds
Unrestiicied
Funds
FIXED ASSETS
Fixed Assets (Note 3}
183.023
972,571 1.155,595
1,132.244
CURRENT ASSETS
Debtors (Note 41
Cash al 8ank and in Hand
250,287
257.386
9,129
9.129
259,415
266,514
196,921
1&S.921
CREDITORS . AMOUNTS FALLING DUE
4.263
4.263
1,138
NET CURRENT ASSETS
253,123
9.129
262.252
195.784
NET ASSETS
436.147
981.700 1,417.846
1.328,028
FUNDS (Notg 51
Restricted Funds
Unrestricted Funds
981.700
436.146
922,110
405,918
TOTAL FUNDS
1,417.846
1,328,028
The d)aritable company is entitled to exemption from audit under Section 477 ofthe Ci)mpanies Act 2006
for the year ended 31 Decernber 2023.
The Members have not required the charitable Company to obtain Bn audrt for ts finanrial statement for the
year ended 31 December 2023 in accordable with Sectv)n 476 of the Companies Act 2006_
The Trustees acknovAedge their responsibilities for:_
11 ensuring that the Company keeps acuunling records which comply th Section 386 and 387
of the Companies Acl 20(￿, and
21 preparing financial staternents whith gNe a tnje and fair view of the state of affairs of
the charitable company as at the end of the financial year and of its surplus or defiat for the finan&al
year in accordance with the requirements of Section 393 and 395 and which otherwise comply with thè
requifements of the Companies Act 20[￿ relaling to financial statements, so far as applicable to the
chaniable company.
These financial statements have been prepared in 8¢cordanco wth th8 Special provisions of Part 15 01 the
Compantes Act 2LNJ6 relating to small charitable wmpanies and with the Finan￿al Reporting Standard for
Smaller Entities (effective April 2008)
Approved by the Board
AAIL/,,I -
Dr M A M8ckay-James
Trustee
Date

HARTRIDGE BUODHIST MONASTERY TRUST
NOTES TO THE FINANCLAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING poL￿lEs
Page 7
Ac¢ounting Convention
The financial statements have b88n prepared under the historical GO$t convention and
in accofdanTr wth the Finanoal Reporting Standards for Smaller entrtvas. the
Companies Act 2006 and the Ststern8nt of Recommended Practrce. Accounting and
Reporbng by ¢h8ritses.
Intoming Re60urcos
All incoming re50ur¢es are included cn the Ststoment of Financial Activities when
the ch8nty is kg81ty entit￿d io the income and the amount can be quantffi8d y￿kn
reasonab￿ acGuracy.
Re8ourc•8 Expendod
Expenditure Is accounted fcr on an accruals basi$ and ha5 been cla55rf*d under
headings that aggre9aie all cost related to the ¢ateg0ry. Wher8 costs cannot be
direcdy attributed to particular headings they havo been allocated lo aEtwities on a
basB consistent wilh fv use of resources.
Tangiblo FbXOd Auets
Depr8cration is provided at the follo￿7ng annual rates in order to write off 85sets over its
estimated useful1rf8.
- Land and Pr(wty - 0% on Gosl
- Inv8strnents
- 0% on Cost
- Motor Vehic
- 25% on cost
Taxa￿on
The ¢harity is exernpt Irorn corp¢rats"on tax on rts ch8ritabkp aclivrtw.
Fund Accoyntlng
Unre5tncted funds can be used in ac¢ord8nce wth the CharFIab￿ obje¢twes al
the discretion of the trustees.
Rostrict￿ funds can only be used for particular re5tri¢tod purpcses wthin the
objects of the charty. R8StrithK)ns arise %Yh8n specrfied by the donor or
when funds are Taised for particular restrKted purposes.
Further explanation of the na￿re and purpose of 8ach fvnd is induded in the notes
to the financwl statements.
2 TRUSTEES. REMUNEIiATION AND BENEFITS
Nc remun8ratx)ns or b8nefits were given during the yèar end8d 31 DerArnber 2023.
Twu•t•es Expen
No eyponses w8ra paid during the year.
3. TANGIBLe FIXED ASSETS
Land
Prop
Motor
& prO￿ty lrnprov Inve5trnenl Vehick8
Totsl
GOST
As al 31 Dec8rnber 2022
AL*ition5 in tt)e Year
Revaluation in the Year
Dispos815 in the Year
As a131 December 2023
600,orK) 532,244
23.351
gj) 1.133,144
23,351
900
0 1,155,595
600.000 555.5
DEPRECIATION
A8 al 31 Decernber 2022
Di5posa15 in the Year
Charge for the Year
As at 31 Decembtrr 2023
NET BOOK VALUE
As at 31 De￿rnber 2023
600.000 555,595
0 1.155.595
As at 31 D¢cern￿r 2022
600,000 532.244
0 1.132.244

HARTRIDGE 8UDDHIST MONASTERY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Iconlinuedl
Page 8
4. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other Debtors
7,099
CREDITORS . AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other Creditors
4.263
1,138
MOVEMENT IN FUNDS
As8t
31.12.22
Net
Transfer
Movement be￿een funds
Asal
31.12.23
Unrestricted Fund
General Fund
Fixed Assets
222,893
183,024
405,917
66,058
135,8291
253,122
183,024
436, 146
66,058
135,8291
Rostrictod Fund
Welfare Fund
Travel Fund
Propety Irnpfovements
Propety Fund
6,001
1,945
314,164
600,000
922,110
1660)
11,5791
26,000
5,341
366
375,993
600.000
981,700
35,829
23,761
35,829
Revaluatlon R￿•1¥9
TOTAL FUNDS
1,328,028
89,819
1,417,846
Net movement in funds included in the above afe as follows".
Income and Expenditure
Endowments
On
Movement
In Funds
Unrestricted Fund
General Fund
93,358
127,3001
66,058
Restrlcted Fund
Welfare Fund
Travel Fund
Capitsl Fund
Property Fund
16601
11.5791
16601
11,5791
26,000
26,000
26,000
{2,239)
23,761
Revaluation Re$er¥e
TOTAL FUNDS
119,358
29.539
89,819

HARTRIDGE BUDDHIST MONASTERY TRUST
Page 9
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
3111212023
3111212022
INCOMING RESOURCES
Voluntsry Income
Travel Fund and Welfare Donations
Capital Projects Donations
Gifts and Donation5
Renewable Heal Incentive Scheme
Bank Interest Received
517
26,000
90,172
1.785
1,47S
36.600
82,712
1.607
Totsl Incomlng rèsources
119.358
122,394
RESOURCES EXPENDED
Costs a880clalod wlth Charitable Acllvities
Administration
Rale$ and Utilities
Motor and Travel
Welfare Costs
Telephone and Intemet
Estate Expense5
Equipment
Accountancy
111
8,802
9,709
1.175
474
8,196
148
924
62
8.193
5,551
1,209
422
7,029
80
834
Total resourc￿ expgnded
29,539
23,379
Ngt Surplus
89,819
99.015
Thls page dog8 not fom part of the statutory financlal statements