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2025-12-31-accounts

REGISTERED CHARITY NUMBER: 1142864

TRUSTEES' REPORT AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE BUDDHAPADIPA TEMPLE TRUST

MPS Accountancy Ltd 30 Greenbox Westonhall Road Stoke Prior Bromsgrove West Midlands B60 4AL

THE BUDDHAPADIPA TEMPLE TRUST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page
Trustees' Report 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9
Statement of Cash Flows 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18 to 19

THE BUDDHAPADIPA TEMPLE TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The Buddhapadipa Temple Trust is a serene and culturally rich location. Located in Wimbledon, London, it offers a blend of spiritual, educational, and architectural elements.

Established as a charity: 11th July 2011

Location : 14 Calonne Road, Wimbledon, London, SW19 5HJ

Premises include:

OBJECTIVES AND ACTIVITIES Objectivies of The Buddhapadipa Temple Trust

The principal objectives of the Trust are:

a) Advancement of Education

To advance education for the public benefit-primarily, though not exclusively-by:

b) Advancement of Buddhism in the UK

To promote Buddhism for public benefit by:

c) Promotion of Buddhist Faith in the Community

To advance the Buddhist faith locally and nationally through:

This is done in the spirit of "come and see for yourself" , with further instruction available on a purely voluntary basis.

d) Promotion of Interfaith Harmony and Community Cohesion

To foster better understanding between different faiths and cultures by:

Page 1

THE BUDDHAPADIPA TEMPLE TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

OBJECTIVES AND ACTIVITIES

Activities of the Trust for Public Benefit

The Buddhapadipa Temple Trust undertakes a wide range of activities that serve the public and promote Buddhist values, education, and community engagement:

a) Sunday School

Conducted by a qualified monk, the Sunday school welcomes children of Thai, English, and other origins. The curriculum emphasizes:

b) Lay Buddhist Association (LBA)

Under the Trustees' guidance, the LBA organizes:

c) Publications

The Trust distributes several publications free of charge:

The LBA also operates a bookshop offering Buddhist literature at affordable prices.

d) Library Facilities

The Temple provides access to a well-stocked library featuring:

e) Meditation Classes

Held twice weekly, these classes are led by a meditation master and offer: - Instruction in Buddhist meditation

f) Annual Residential Retreat for Thai Women

A 9-day retreat conducted in Thai by a meditation master, designed to:

g) Summer Training Course for Novice Monks

A 1-week program for boys aged 10-18, offering:

h) Educational Visits

The Temple regularly hosts: - Visits from local schools and colleges

i) Outreach by Senior Monk

Page 2

THE BUDDHAPADIPA TEMPLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

OBJECTIVES AND ACTIVITIES

j) Outreach by Other Monks and Lay Speakers

Various Ven Monks and lay speakers often give talks on Buddhism at:

ACHIEVEMENTS AND PERFORMANCE

Principal Funding

The Buddhapadipa Temple Trust is entirely dependent on public donations . Contribution boxes are placed within the Temple and in the common areas of the monks' residence. While donations are entirely voluntary , the Trust is pleased to report that both Thai and British communities contribute generously , reflecting their support and appreciation for the Temple's spiritual, educational, and cultural activi ties.

Projects Completed

Summer Houses Expansion

The fourth summer house was constructed and the area at the rear of the Temple was transformed into a Buddha Garden .

Princess Garden Project

A Princess Garden was created in front of the main residence.

New Temple Signage

A new sign was installed facing the road and mounted on the back of the existing sign that currently faces the Temple, improving visibility and accessibility for visitors.

Vehicle

A second hand Ford Transit minibus was purchased for use by the Monks to travel between temples.

FINANCIAL REVIEW

Financial review

Income for the charity is mainly comprised of donations and legacies of £137,226 (2024: £198,551), collections from services of £344,957 (2024: £112,170) and investment income of £21,129 (2024: £30,028). Other sources of income amounted to £99,529 (2024: £28,123).

Total expenditure was £1,115,080 (2024: £1,012,693) which included £839,472 (2024: £164,836) towards the repair costs of the temple, this also includes costs relating to the roof repair.

This resulted in a balance sheet at 31 December 2025 showing a net asset position of £1,439,221 (2024: £1,951,460).

Reserves policy

The reserve policy is to hold twelve months' worth of operating costs at all times in order to maintain an appropriate level of protection against financial risks and uncertainty and given that the Trust's income will be from donations the extent and level of which cannot be guaranteed.

Page 3

THE BUDDHAPADIPA TEMPLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

PLANS FOR THE FUTURE

Temple Roof Repairs

Essential roof repairs for the Temple are expected to continue into 2025.

Main House Extension

Planning permission to be applied for an extension to the main house.

Tourist Office

A Tourist office is planned for 2025

Music Room

The Trust plans to extend the music room and increase the storage of instruments.

Buddhist Statue

The Monks intend to construct a Buddhist statue sometime in 2025.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Governance Structure

Trustees: 8 in total at year-end

- 3 Buddhist Monks

- 5 Lay Buddhists

Responsibilities:

Operational Support

Trustee Meetings : Held regularly to oversee operations.

- Lay Supporters :

Relationship with the local community and police

The Buddhapadipa Temple Trust maintains excellent relations with the local community, including neighbouring residents and other religious organizations. Through ongoing engagement and mutual respect, the Trust has earned the trust and confidence of both local residents and the Metropolitan Police . This strong relationship supports the Temple's role as a peaceful and respected presence in the Wimble don area.

Page 4

THE BUDDHAPADIPA TEMPLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The Trustees of the Buddhapadipa Temple Trust have conducted a comprehensive assessment of the risks facing the Charity. A risk matrix has been developed to identify:

- Major risks by area of activity

- Nature and likelihood of each risk

This matrix is reviewed regularly during Trust meetings to ensure ongoing relevance and effectiveness.

The Trustees confirm that adequate measures have been taken to manage identified risks. These include:

- Insurance coverage to protect against unforeseen events.

- Emergency funding provisions

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1142864

Principal address

14 Calonne Road Wimbledon London SW19 5HJ

Trustees

Ms S Tuck Mr R Ellis Mr P L Panyasiri Mr B Kota Mr P S Lom Mr W Poonam Mr S Narinwong Mr P S Phuangphua

Independent Examiner

MPS Accountancy Ltd 30 Greenbox Westonhall Road Stoke Prior Bromsgrove West Midlands B60 4AL

Page 5

THE BUDDHAPADIPA TEMPLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

Approved by order of the board of trustees on 17 May 2026 and signed on its behalf by:

Mr R Ellis - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BUDDHAPADIPA TEMPLE TRUST

Independent examiner's report to the trustees of The Buddhapadipa Temple Trust

I report to the charity trustees on my examination of the accounts of The Buddhapadipa Temple Trust (the Trust) for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Matthew Scrivens FCCA The Association of Chartered Certified Accountants

MPS Accountancy Ltd 30 Greenbox Westonhall Road Stoke Prior Bromsgrove West Midlands B60 4AL

17 May 2026

Page 7

THE BUDDHAPADIPA TEMPLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Investment income
3
Total
ADMIN COSTS ON
Raising funds
Raising donations and legacies
4
Other trading activities
5
Other
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 31.12.25
Unrestricted
fund
£
581,712
21,129
602,841
989,443
120,219
1,109,662
5,418
1,115,080
(512,239)
1,951,460
1,439,221		 31.12.24
Total
funds
£
368,872
30,028
398,900
306,993
704,198
1,011,191
1,502
1,012,693
(613,793)
2,565,253
1,951,460

The notes form part of these financial statements

Page 8

THE BUDDHAPADIPA TEMPLE TRUST

STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2025

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds
TOTAL FUNDS		 31.12.25
Unrestricted
fund
£
28,477
220,953
1,190,871
1,411,824
(1,080)
1,410,744
1,439,221
1,439,221
1,439,221
1,439,221		 31.12.24
Total
funds
£
24,942
257,552
1,670,046
1,927,598
(1,080)
1,926,518
1,951,460
1,951,460
1,951,460
1,951,460

The financial statements were approved by the Board of Trustees and authorised for issue on 17 May 2026 and were signed on its behalf by:

Mr R Ellis - Trustee

The notes form part of these financial statements

Page 9

THE BUDDHAPADIPA TEMPLE TRUST

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025

Notes
Cash flows from operating activities
Cash generated from operations
15
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 31.12.25
£
(470,222)
(470,222)
(8,953)
(8,953)
(479,175)
1,670,046
1,190,871		 31.12.24
£
(597,193)
(597,193)
(24,897)
(24,897)
(622,090)
2,292,136
1,670,046

The notes form part of these financial statements

Page 10

THE BUDDHAPADIPA TEMPLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use 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 - 10% on cost Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost Motor vehicles - 20% on cost Computer equipment - 25% on cost

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 can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Page 11

continued...

THE BUDDHAPADIPA TEMPLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

2.
DONATIONS AND LEGACIES
Gift aid
Donations and legacies
Voluntary income from donation
Parking service income
Collection at services
Donated services and facilities
Grants received, included in the above, are as follows:
Other grants
3.
INVESTMENT INCOME
Bank interest received
4.
RAISING DONATIONS AND LEGACIES
Support costs
5.
OTHER TRADING ACTIVITIES
Purchases		 31.12.25
£
38,797
137,226
16,339
17,201
344,957
27,192
581,712
31.12.25
£
17,201
31.12.25
£
21,129
31.12.25
£
989,443
31.12.25
£
120,219		 31.12.24
£
10,656
198,551
31,363
15,867
112,170
265
368,872
31.12.24
£
15,867
31.12.24
£
30,028
31.12.24
£
306,993
31.12.24
£
704,198

Page 12

continued...

THE BUDDHAPADIPA TEMPLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

6. SUPPORT COSTS

SUPPORT COSTS
Information
Management Finance technology
£ £ £
Raising donations and legacies 87,104 27,562 839,472
Human Governance
resources costs Totals
£ £ £
Raising donations and legacies 25,935 9,370 989,443

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

8. STAFF COSTS

There were no staff costs paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

9.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
ADMIN COSTS ON
Raising funds
Raising donations and legacies
Other trading activities
Other
Total
NET INCOME/(EXPENDITURE)		 Unrestricte
fund
£
368,872
30,028
398,900
306,993
704,198
1,011,191
1,502
1,012,693
(613,793)

Page 13

continued...

THE BUDDHAPADIPA TEMPLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
10.
TANGIBLE FIXED ASSETS		 Unrestricte
fund
£
2,565,253
1,951,460
Freehold
Plant and
property
machinery
£
£
COST
At 1 January 2025
63,053
12,793
Additions
6,964
-
At 31 December 2025
70,017
12,793
DEPRECIATION
At 1 January 2025
59,785
10,007
Charge for year
866
781
At 31 December 2025
60,651
10,788
NET BOOK VALUE
At 31 December 2025
9,366
2,005
At 31 December 2024
3,268
2,786		 Fixtures
and
fittings
£
7,364
184
7,548
7,103
96
7,199
349
261

Page 14

continued...

THE BUDDHAPADIPA TEMPLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

10.
TANGIBLE FIXED ASSETS - continued
Motor
vehicles
£
COST
At 1 January 2025
19,600
Additions
-
At 31 December 2025
19,600
DEPRECIATION
At 1 January 2025
973
Charge for year
3,600
At 31 December 2025
4,573
NET BOOK VALUE
At 31 December 2025
15,027
At 31 December 2024
18,627
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
13.
MOVEMENT IN FUNDS
At 1.1.25
£
Unrestricted funds
General fund
1,951,460
TOTAL FUNDS
1,951,460		 Computer
equipment
£
26,354
1,805
28,159
26,354
75
26,429
1,730
-
31.12.25
£
215,046
5,907
220,953
31.12.25
£
1,080
Net
movement
in funds
£
(512,239)
(512,239)		 Totals
£
129,164
8,953
138,117
104,222
5,418
109,640
28,477
24,942
31.12.24
£
255,046
2,506
257,552
31.12.24
£
1,080
At
31.12.25
£
1,439,221		 Totals
£
129,164
8,953
138,117
104,222
5,418
109,640
28,477
24,942
31.12.24
£
255,046
2,506
257,552
1,439,221

Page 15

continued...

THE BUDDHAPADIPA TEMPLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

13. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
602,841
TOTAL FUNDS
602,841
Comparatives for movement in funds
At 1.1.24
£
Unrestricted funds
General fund
2,565,253
TOTAL FUNDS
2,565,253
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
398,900
TOTAL FUNDS
398,900
A current year 12 months and prior year 12 months combined position is as
At 1.1.24
£
Unrestricted funds
General fund
2,565,253
TOTAL FUNDS
2,565,253		 Resources
expended
£
(1,115,080)
(1,115,080)
Net
movement
in funds
£
(613,793)
(613,793)
Resources
expended
£
(1,012,693)
(1,012,693)
follows:
Net
movement
in funds
£
(1,126,032)
(1,126,032)		 Movement
in funds
£
(512,239)
(512,239)
At
31.12.24
£
1,951,460
1,951,460
Movement
in funds
£
(613,793)
(613,793)
At
31.12.25
£
1,439,221
1,439,221

Page 16

continued...

THE BUDDHAPADIPA TEMPLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
1,001,741
1,001,741		 Resources
expended
£
(2,127,773)
(2,127,773)		 Movement
in funds
£
(1,126,032)
(1,126,032)

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025.

15. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.12.25 31.12.24
£ £
Net expenditure for the reporting period (as per the Statement
of Financial Activities) (512,239) (613,793)
Adjustments for:
Depreciation charges 5,418 1,502
Decrease in debtors 36,599 15,218
Decrease in creditors - (120)
Net cash used in operations (470,222) (597,193)
16. ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.25 Cash flow At 31.12.25
£ £ £
Net cash
Cash at bank and in hand 1,670,046 (479,175) 1,190,871
1,670,046 (479,175) 1,190,871
Total 1,670,046 (479,175) 1,190,871

Page 17

THE BUDDHAPADIPA TEMPLE TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

INCOME AND ENDOWMENTS
Donations and legacies
Gift aid
Donations and legacies
Voluntary income from donation
Parking service income
Collection at services
Donated services and facilities
Investment income
Bank interest received
Total incoming resources
ADMIN COSTS
Other trading activities
Direct charitable activities
Literature and Brochures
Other
Depreciation of tangible fixed assets
Support costs
Management
Rates and water
Telephone
Postage and stationery
Sundries
Computer costs
Finance
Casual Labour
Insurance
Bank charges		 31.12.25
£
38,797
137,226
16,339
17,201
344,957
27,192
581,712
21,129
602,841
114,544
5,675
120,219
5,418
82,458
2,326
541
713
1,066
87,104
18,902
8,575
85
27,562		 31.12.24
£
10,656
198,551
31,363
15,867
112,170
265
368,872
30,028
398,900
697,095
7,103
704,198
1,502
83,303
1,486
1,770
50
3,830
90,439
17,969
7,450
914
26,333

This page does not form part of the statutory financial statements

Page 18

THE BUDDHAPADIPA TEMPLE TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Finance
Information technology
Repairs and renewals
Human resources
Travelling
Governance costs
Accountancy and legal fees
Total resources expended
Net expenditure		 31.12.25
£
839,472
25,935
9,370
1,115,080
(512,239)		 31.12.24
£
164,836
23,305
2,080
1,012,693
(613,793)

This page does not form part of the statutory financial statements

Page 19