. ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** **Report of the Trustees and Unaudited Financial Statements Registered Charity Number 1155139 31 December 2023** ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** ## **Report of the Trustees and Unaudited Financial Statements 31 December 2023** |**Contents**|| |---|---| ||Page| |Report of the Trustees|1 to 5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Financial Statements|9 to 13| |Detailed Statement of Financial Activities|14| ## **Athula Dassana Multi-Cultural Buddhist Community Centre** ## **T/A Sahana** **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Report of the Trustees** ## **INTRODUCTION** The trustees present their report with the financial statements of the Charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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 2015). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Objectives of the Charity are to benefit the Buddhist Community and in particular to benefit those interested in the concepts of Buddhism. These objectives shall include the following: - a) To advance the Theravada Buddhist religion for the public benefit in accordance with the doctrines and principles of Buddhist faith. - b) The relief of poverty for the public benefit of people in particular but not exclusively in Sri Lanka. - c) To provide or assist in the provision of facilities in the Interests of social welfare for recreation or other leisure time occupation of Individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. - d) Promote social research and educational studies linked to Buddhist sociology. To discover the links between ancient and modem lifestyles while contemplating the theoretical and practicality of Buddhist principles in the current British society to handle socio-economic issues. ## **Significant activities** The main activities of the Charity are as follows: - 1) General charitable purposes. - 2) The advancement of health and savings of life. - 3) The prevention or relief of poverty. - 4) Overseas aid /famine relief. - 5) Ecologic / community development/employment. - 6) Education and training. - 7) Cultural sporting activities. ## **Public benefit** In shaping the Charity's objectives for the year and planning the activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. The Charity relies on donations and the income from school fees to cover its operating costs. ## **Grantmaking** The Charity provides donations to children, young people and the elderly. Page 1 ## **Athula Dassana Multi-Cultural Buddhist Community Centre** ## **T/A Sahana** **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Report of the Trustees** ## **OBJECTIVES AND ACTIVITIES** ## **Volunteers** We encourage all members of our community to be Involved In voluntary activities and to share their skills with others. Volunteers are not paid any salaries but only reimbursement of reasonable out of pocket expenses such as travel cost. All those volunteers working with children or other vulnerable groups are CRB checked. ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** ## **How our activities deliver public benefit** A wide range of activities are carried out in pursuance of the charitable aims and objectives. The trustees consider that these activities, summarised below, provide benefit to the wider community. ## **Sport Activities** Elle festival, Sri Lankan traditional games, rugby, tug of war etc. ## **Cultural events** Promote cultural music and dance and Buddhist religious events. ## **Community events** To improve the local community that we live in, such as street cleaning, local planting etc. ## **Scholarships** Providing scholarships to under privileged children in developing countries. ## **Youth charitable groups** Working with youth charitable groups to improve their vocational training. ## **Dhamma School** To further the teachings of Buddhism to young children. ## **FINANCIAL REVIEW** ## **Principal funding sources** The Charity's main sources of Income are collections of donations from the general public. During the year the Charity received total donations of £57,142 (2022 - £71,918). In addition the Charity has accounted for the estimated gift aid receivable of £4,000 (2022 - £6,000). Total Income before any expenses generated during the year amounting to £61,142 (2022 - £77,918). ## **Reserves policy** Unrestricted funds reserve is maintained to cover governance costs and to respond to various applications of grants and donations. Restricted fund reserve is held to be used within certain restrictions of the relevant funds. In setting up the Charity reserve policy, the trustees have Identified various unrestricted fund as detailed in the Statement of Financial Activities (SOFA). The restricted funds are distributed strictly In accordance with the religious restriction or other restrictions Imposed on the relevant fund. Page 2 **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Athula Dassana Multi-Cultural Buddhist Community Centre** ## **T/A Sahana** ## **Report of the Trustees** ## **FINANCIAL REVIEW** ## **Going concern** After making appropriate enquiries, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. ## **FUTURE PLANS** We aim to continue our work and expanding our activities in order to pursue our charitable objectives, subject to availability of resources and means. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** Trustees are appointed by resolution of the existing trustees. When a new trustee is so appointed, a memorandum of his appointment shall be prepared. ## **Organisational structure** The Charity trustees are responsible for the general control and management of the Charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body and are responsible for all decisions taken in relation to the affairs of Athula Dassana- Centre in the United Kingdom. ## **Induction and training of new trustees** Following appointment, new trustees are introduced to their new role and given copies of the trust deed and a guide to the policies and procedures adopted by our Charity. A number of publications from the Charity Commission are also provided including the guidance on charities and public benefit and on the advancement of the religion for public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act. Initially, new trustees work with existing trustees assisting on particular activities and projects run by the Charity. After satisfactory feedback from existing trustees they are then given the task of leading a particular activity or project, reporting progress at trustees' meetings. ## **Related parties** The trustees consider the board of trustees as comprising the key management personnel of the Charity in charge of directing and controlling the Charity and running and operating the Charity on a day to day basis. All trustees give of their time freely and no trustee remuneration was paid in the year. Details of trustee expenses and related party transactions are disclosed in notes to the accounts. Page 3 ## **Athula Dassana Multi-Cultural Buddhist Community Centre** ## **T/A Sahana** **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Report of the Trustees** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Risk management** The trustees have a duty to Identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees examine the major strategic, business and operational risks, which the Charity faces regularly. The Charity actively reviews the major risks which it faces on a regular basis and believes that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The Charity requires all its staff and people working for the Charity to complete appropriate Criminal Records Bureau (CRB) check. This is policy is regularly reviewed for all those who work with children or other vulnerable groups within the community centre. The trustees are satisfied that systems are in place, or arrangements are In hand, to manage the risks that have been identified. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1155139 **Principal address** 114 Hounslow Road Hanworth Feltham TW1360B ## **Trustees** Ven. W Kassapa B Wekadapola Dr. N Bajramovic S Liyadipita T Dharmawardene ## **Independent examiner** Aguragaha Karunathilaka ACA (2750466) 65, Malthouse Green Luton LU2 8SW ## **Bankers** NatWest Bank 275 - 277 High Street Hounslow TW31ZA HSBC Bank 26-28 St Ann’s Road Harrow HA1 1LA Page 4 Athula Dassana Multi-cultural Buddhist Community Centre TIA Sahana Report of the Trustees and Unaudlted Flnaneial Statement5 31 December 2023 Report of the Trustees STATEMENT OF TRUSTEES RESPONSIBILITIES The tiuslees are respon5iblo for proparing Iho Rcport of Iho Trusloos and Ihc financial slaternenls in accordance with applicablc law ènd Unilod Kingdom Accounting Standards Iunitod Kingdom Generally Accepted Accounting Praclicel. The law applicable lo cmaritios in England and Walos. tho Charilios Act 2011, Chaiily IAccoun15 and Reports) Regulations 2008 and the provisions of Ihc tiust deed rcquirc5 Iho Iruslces lo prepare financial slatemen15 for each financial year which givo a true and lair view of Ihc slalo ol aifairs of the Charity and of the Incoming resources and application of rosourccs. including the incomo and expenditure. of the Charity for that period. In preparing those financial staternents. Ihe trustees are required to.. select suitable aEcoLJnting policies and th(an apply them consislenlly.. observe the methods and principles in the Charity SORP.. make jud9ments and estimates that are reasonable and prudent., prepare the financial statements on the going concein basi5 unless il is inappropriate lo presume that the Charity will conlinve in business. The truslees are responsible foT keeping proper accounling reeords which disclose with reasonable accuracy at any time the financial position of the Charity and to enable th8tH to onsuro that the rinancial statement5 comply with the Charili¢s Act 2011. Ihe Charity (Accounts and Reports) Regulations 2008 and th8 provision5 of the trust deed. Thcy are also rtrsponsible for 5818guarding the Éssets ol the Chanty and hence for taking rcasonable 51ep$ lor the prcvonlion and doloclion of fraud and othèr irregularities. Approved by order of the board ol truslces on 31 October 2024 and signed on ils behalf by.. Ven. W Kass£pa - Truslce Page 5 ## **Athula Dassana Multi-Cultural Buddhist Community Centre** ## **T/A Sahana** ## **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Independent examiner’s report to the trustees of Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** ## **Independent examiner’s report to the trustees of Athula Dassana Multi-Cultural Buddhist Community Centre** I report to the trustees on my examination of the accounts of the Athula Dassana Multi-Cultural Buddhist Community Centre (the Trust) for the year ended 31 December 2023. ## **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 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** 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. Aguragaha Karunathilaka ACA (2750466) 65, Malthouse Green Luton LU2 8SW 31 October 2024 Page 6 ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Statement of Financial Activities** ## _**for the year ended 31 December 2023**_ |Notes
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
2
**Total**
**EXPENDITURE ON**
**Charitable activities**
Grants to individuals
Events
Religious Centre
Dhamma School
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**|**Unrestricted**
**fund**
**£**
**50,582**
**50,582**
**-**
**10,334**
**32,667**
**13,496**|**Restricted**
**fund**
**£**
**10,560**
**10,560**
**5,000**
**-**
**-**
**-**|31.12.23
Total
funds
£
61,142
61,142
5,000
10,334
32,667
13,496|31.12.22
Total
funds
£
77,918| |---|---|---|---|---| |||||77,918
-
10,416
60,092| ||**56,497**
**(5,915)**
**46,475**
**40,560**|**5,000**
**5,560**
**10,560**
**16,120**|61,497
(355)
57,035
56,680|70,507| |||||7,411
49,624
57,035| The accompanying notes are an integral part of these financial statements. Page 7 Athula Dassana Multi-cultural Buddhist Community Centre TIA Sahana Report of the Trustees and Unaurlitod Financial Statoments 31 December 2023 Balance Sheet As at 31 December 2023 31.12.23 Total funds 31.12.22 Total funds Unrestricted fund Restricted lund Notès FIXED ASSETS Tangible assets 45,855 45,855 47.761 CURRENT ASSETS Debtors Cash al bank 10,270 9,826 20,096 10,270 21,386 31,656 6,014 34,692 40.706 11,560 11,560 CREDITORS Amounis falling due within one year 120,8311 120,8311 131.4321 NET CURRENT ASSETS I ILIABILITIESI 10,825 9.274 TOTAL ASSETS LESS CURRENT LIABILITIES 45,120 11.560 56,680 57,035 NET ASSETS 45,120 11,560 56,680 57,035 FUNDS Unrestrided funds Restricted funds 45,120 11,560 46,475 10,560 TOTAL FUNDS 56.680 57.035 The financi81 statements were approvtsd by Ihe Board ol Truslees on 31 October 2024 and were $1gned on its behal( by.. Ven. W Kassapa -Tru51ee The a¢¢ompanying notes are an integral part of Ihese financial slalemenls. Page 8 **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** ## **Notes to the Financial Statements** ## 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 2015)', 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. ## **Financial reporting standard 102 - reduced disclosure exemptions** The Charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': - the requirements of Section 7 Statement of Cash Flows. ## **Income** All Income is recognized 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. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depredation is provided at the following annual rates In order to write off each asset over its estimated useful life. Improvements to property 2% on cost Fixtures and fittings 20% on reducing balance Pooja equipment 20% on reducing balance Computer equipment 20% on reducing balance ## **Taxation** The Charity is exempt from tax on its charitable activities. Page 9 **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** ## **Notes to the Financial Statements** ## 1. **ACCOUNTING POLICIES - continued** ## **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. ## **Operating lease 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. ## **Donated goods and services** Donated facilities and services provided to the Charity are recognised at their value to the Charity in the period when it is probable that the economic benefits associated with the donated Items will flow to the Charity, provided they can be measured reliably. An equivalent amount is included as expenditure under the relevant heading in the statement of Financial Activities. Donated goods are recognised at fair value unless it is impractical to measure this reliably in which case a derived value, being the cost of the item to the donor is used. An equivalent amount is included as expenditure under the relevant heading in the Statement of Financial Activities except where the donated good is a fixed asset in which case the gain is recognised as income from donations and a corresponding amount is included In the appropriate fixed asset category and depreciated over the useful economic life in accordance with the Charity's accounting policies. ## **Going concern** The trustees have formed a judgment at the time of signing the accounts that the going concern basis of accounting is appropriate because there are no material uncertainties that may cast significant doubt about the ability of the char1ty to continue as a going concern. ## **2. DONATIONS AND LEGACIES** |Donations
Gift aid|**31.12.23**
**£**
**57,142**
**4,000**
**61,142**|31.12.22
£
71,918
6,000
77,918| |---|---|---| Page 10 ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Notes to the Financial Statements** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees’ remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31December 2022. ## **Trustees' expenses** There were no trustees' expenses paid neither for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **4. STAFF COSTS** The Charity does not have any employees during the year. The Charity had employed one employee during the previous year. The total payroll cost of the employment is £29,493 (2022). The Charity does however receive the services of individuals who work on its behalf; these services are provided on voluntary basis. ## **5. COMPARATIVES FOR THE STATEMENT OF RNANCIAL ACTIVITIES** |INCOME AND ENDOWMENTS FROM
Donations and legacies
Total
EXPENSITURE ON
**Charitable**
**activities**
Grants to individuals
Events
Religious Centre
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD|Unrestricted
fund
£
73,358
73,358
-
10,416
60,092
70,507
2,851
43,624
46,475|Restricted
fund
£
4,560
4,560
-
-
-
-
4,560
6,000
10,560|Total
funds
£
77,918| |---|---|---|---| ||||77,918
-
10,416
60,092| ||||70,507
7,411
49,624
57,035| Page 11 **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** ## **Notes to the Financial Statements** ## **6. TANGIBLE FIXED ASSETS** |COST
At 1 January 2022
Additions
**At 31 December 2023**
Depreciation
At 1 January 2022
Charge for year
**At 31 December 2023**
NET BOOK VALUE
**At 31 December 2023**
At 31 December
2022|Improvements
to property
£
49,625
**-**
**49,625**
6,428
993
**7,421**
**42,204**
43,197|Fixtures
and
fittings
£
5,313
**-**
**5,313**
4,447
173
**4,620**
**693**
866|Pooja
equipment
£
7,307
**-**
**7,307**
6,077
246
**6,323**
**984**
1,230|Computer
equipment
£
3,984
**-**
**3,984**
1,516
494
**2,010**
**1,974**
2,468|Totals
£
66,229
-| |---|---|---|---|---|---| ||||||**66,229**| ||||||18,468
1,906| ||||||**20,374**| ||||||**45,855**
47,761| ## **7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**31.12.23**
**£**
Other debtors
**10,270**
**10,270**
**. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**31.12.23**
**£**
Taxation and social security
**-**
Gift aid payable
**6,649**
Salaries payable
**-**
Other creditors
**14,182**
**20,831**|31.12.22
£
6,014
6,014
31.12.22
£
-
6,649
-
24,783
31,432| |---|---| ## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** Page 13 ## **Athula Dassana Multi-Cultural Buddhist Community Centre** ## **T/A Sahana** **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Notes to the Financial Statements** ## **9. RELATED PARTY DISCLOSURES** Other creditors include an amount of £8,387 (2022 - £20,387) payable to Ven. Wanduramba Kassapa being expenses of the Charity paid personally by the trustee. The Charity rents premises from a trustee, Dr Nishanie Bajramovic, to operate the temple. Rent is charged by the trustee at arms length and such rental expenses are charged to the statement of financial activities. Page 13 ## **Athula Dassana Multi-Cultural Buddhist Community Centre T/A Sahana** ## **Report of the Trustees and Unaudited Financial Statements 31 December 2023** ## **Detailed Statement of Financial Activities** |**INCOME AND ENDOWMENTS**
Donations and legacies
Donations
Gift aid
Total incoming resources
**EXPENDITURE**
**Charitable**
**activities**
Rent
Rates and water
Insurance
Light and heat
Postage and stationery
Repairs & maintenance
Computer & internet
Events costs
Dhamma school expenses
Bank charges
Accountancy
Depn Improvements to property
Depn fixtures & fittings
Depn computer equipment
Depn pooja equipment
Grants to individuals
Salaries
Total resources expended
Net income|**31.12.23**
**£**
**57,142**
**4,000**
**61,142**
**18,432**
**1,887**
**800**
**4,000**
**424**
**925**
**1,576**
**10,334**
**13,496**
**1,318**
**1,399**
**993**
**173**
**494**
**246**
**5,000**
**-**
**61,497**
**(355)**|31.12.22
£
71,918
6,000| |---|---|---| |||77,918| |||18,432
1,544
523
2,480
725
2,858
311
10,416
-
726
1,399
993
216
84
307
-
29,493| |||70,507| |||7,411| This page does not form part of the statutory financial statements. Page 14