Paramitha Community Development Foundation
Trustees Report
Copyright © 2022 PCDF All rights reserved
Paramitha Community Development Foundation
Contents
1. REFERENCE AND ADMINISTRATIVE DETAILS ............................................................ 3 1.1 ORGANIZATION DETAILS .............................................................................................. 3 2 STRUCTURE, GOVERNANCE AND MANAGEMENT ...................................................... 5 2.1 OVERVIEW ............................................................................................................................. 5 2.2 OUR MISSION STATEMENT ..................................................................................................... 5 2.3 OUR ACTIVITIES ..................................................................................................................... 5 2.4 PERFORMANCE AND MONITORING ......................................................................................... 6 2.5 MAJOR EVENTS, PROGRESS AND ACHIEVEMENTS OF THE CHARITY THROUGHOUT THE YEAR . .7 2.6 HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT……………………………………………………………………… 7
Paramitha Community Development Foundation
1. Reference and Administrative details
1.1 Organization Details Paramitha Community Development Foundation Charity/Company Name: 6, Hammond close, Brislington, Bristol BS4 5HY Address: Tel: +44117 977 0465 Telephone number: info@bristolbuddhistvihara.org.uk E-Mail: www.bristolbuddhistvihara.org.uk Website: Legal status: Company Limited by Guarantee
Charity commission Registered No 1160561 Companies House No. 08199348
Paramitha Community Development Foundation
1.2 Members and Trustees
| Name | Skills / Qualifications |
|---|---|
| Ven Pelwatte Dhammananda Thero | Ordained over 22 years and have managed the Bristol Temple just over 10 years. Has taught in schools and has been carrying out spiritual and social work from the day ordained. |
| Mr Upali Gunathilaka | Over 20 years of experience in printing in a well-known newspaper. |
| Raymond Anthony Douglas Cole | Retired Media worker. Over 40 years of experience. |
| Mr. Aruna Duminda Banduseela | Over 20 years of experience in software development |
| Prof Mahesh Sooriyabandara | Managing director for a multi-national telecommunication research company and PhD in engineering and a charted engineer |
Paramitha Community Development Foundation
2 Structure, Governance and Management
2.1 Overview
Paramitha Community Development Foundation (PCDF) is a non-profit community organisation under charity number 1160561 and Companies House No: 08199348. It has been established to meet the social and spiritual needs of community based in Bristol and surrounding South West and Wales region. Through its cultural and educational activities, it now provides services to wider multicultural communities from Bristol, Cardiff, Swindon, Southampton and Gloucester. The organisation is fully supported by volunteers and over the years it has grown into a strong organisation with over 200 permanent members from all parts of the community. As a charitable organisation all services that include educational, cultural, advising, counselling, welfare and interfaith activities are offered for free.
2.2 Our Mission Statement
Introduce and advance the Buddhist religion in the UK for the benefit of the public through the holding of prayer meetings, lectures, celebration of religious/cultural festivals, producing and distributing literature on the Buddhist thought to enlighten others about the Buddhist religion and promotion of religious harmony for the benefit of public by promoting knowledge and mutual understanding of the beliefs and practice of different religious faiths.
2.3 Our Activities
Since 2012, the PCDF has been working collaboratively with many culturally diverse community groups and their organisations, to deliver numerous social and cultural services, annual events and support systems in South West and Wales.
Monthly “Mindfulness and Meditation” sessions conducted organised by PCDF are attended by people belonging to several ethnic groups and the “Sunday” school, which teaches Language and culture is attended by children belonging to different denominations as well.
The annual multicultural celebration organised by the PCDF is turning into a popular community event in the region which is drawing crowds from neighbouring cities such as Cardiff, Gloucester, Swindon and Southampton and has been attended by the Lord Mayor of Bristol.
Paramitha Community Development Foundation
2.4 Performance and Monitoring
PCDF conducts a range of charitable, educational, wellbeing and entertainment related activities as regular annual events to assist individuals and communities in cultural, spiritual, wellbeing and financial needs. We have been providing services since 2012.
----- Start of picture text -----
Support/services Demographic information No. No. assisted/participated
services
Counselling Majority aged 20-60y 1/month 50/year
Community Majority adults in all age 1/month 800/year
awareness (Blood, groups. >50 signed up
Organ donation)
Multicultural events multicultural Annual 2000/year
Males ≈Females
Language and Children: 5-18y 1/week 150/week
Buddhist School
Charity N/A SOS Covid relief and good Friday Attack in Sri Lanka. Support for
individuals and families during difficult times
Mindfulness and Children Ad hoc on
meditation) request
Multifaith group Ad hoc as
discussions organised
----- End of picture text -----
Paramitha Community Development Foundation
2.5 Major events, progress and achievements of the Charity throughout the year
Covid restrictions severely curtailed our programs and community contacts. We had to embrace the “work from home” ethic and develop electronic communications. We managed to set up, and continue to use, a network of video sessions for spiritual and pastoral events. Since the relaxation of Covid restrictions we have increased the number of activities held in person, both at the Temple and on invitation to people’s homes. The monthly Poya (full moon) program has been restarted and a series of Poojas following the “wet season” has been implemented. This will culminate in the major Kathina ceremony to be held in October. We are still running Sunday schools on zoom as this provides an effective method for reaching many younger members of the Community. The major cultural and spiritual events are once again being planned. The search for a new Temple continues and updates are sent from the steering committee on a regular basis.
2.6 How our activities deliver public benefit
With the advent of Covid, we had to develop a revised method of service delivery. Using Zoom and other video conference facilities, we quickly established the communal link-up. We could deliver services to individuals or small groups and classes. We enabled the community to remain connected. It was also enabling to some new members as the distances involved precluded travel at the time so contacting us and joining in with activities was easier. It was significant that maintaining contact helped with minimizing any sense of isolation that was reported from some quarters. We are proud that we have weathered Covid and we are still providing our services to a wide area and diverse population. We hope to be back to full, in person where needed, spiritual and pastoral operations by the end of 2022.
Company Registration No. 08199348 (England and Wales)
PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION (COMPANY LIMITED BY GUARANTEE ) ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2021
PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION (COMPANY LIMITED BY GUARANTEE ) ANNUAL REPORT CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Directors' report | 4 |
| Accountants' report | 5 |
| Income statement | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 9 |
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PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION COMPANY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2021
Directors
Company Number
Registered Office
Accountants
Ven Pelwatte Dhammananda Thero Biyagama Tennenahalage Upali Gunatilaka Prof Mahesh Sooriyabandara Raymond Anthony Douglas Cole Aruna Duminda Banduseela
08199348 (England and Wales)
6 HAMMOND CLOSE BRISTOL BS4 5HY
Samanalarisi Solutions 11 Shubb Leaze BRISTOL BS16 1WX
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PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION (COMPANY NO: 08199348 ENGLAND AND WALES) DIRECTORS' REPORT
The directors present their report and accounts for the year ended 30 September 2021.
Principal activity
Religious and Community Services
Directors
The following directors held office during the whole of the period:
Ven Pelwatte Dhammananda Thero Biyagama Tennenahalage Upali Gunatilaka Raymond Anthony Douglas Cole Aruna Duminda Banduseela
Prof Mahesh Sooriyabandara was appointed on 15 November 2020.
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Ven Pelwatte Dhammananda Thero Director
Approved by the board on: 13 June 2022
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CHARTERED MANAGEMENT ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION FOR THE YEAR ENDED 30 SEPTEMBER 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION for the year ended 30 September 2021 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Membershandbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Samanalarisi Solutions Member in Practice
11 Shubb Leaze BRISTOL BS16 1WX
30 July 2022
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PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Turnover Administrative expenses Operating profit Profit on ordinary activities before taxation Tax on profit on ordinary activities 4 Profit for the financial year |
2021 £ 159,287 (21,357) 137,930 137,930 - 137,930 |
2020 £ 66,626 (25,101) |
|---|---|---|
| 41,525 | ||
| 41,525 - |
||
| 41,525 |
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PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2021
| Notes Current assets Cash at bank and in hand Net current assets Net assets Capital and reserves Profit and loss account Shareholders' funds |
2021 £ 195,706 195,706 195,706 195,706 195,706 |
2020 £ 57,776 |
|---|---|---|
| 57,776 | ||
| 57,776 | ||
| 57,776 | ||
| 57,776 |
For the year ending 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2022 and were signed on its behalf by
Ven Pelwatte Dhammananda Thero Director
Company Registration No. 08199348
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PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
1 Statutory information
PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION is a private company, limited by shares, registered in England and Wales, registration number 08199348. The registered office is 6 HAMMOND CLOSE, BRISTOL, BS4 5HY.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4 Taxation
The company is exempt from Income Tax
5 Average number of employees
During the year the average number of employees was 0 (2020: 0).
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PARAMITHA COMMUNITY DEVELOPMENT FOUNDATION DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2021
This schedule does not form part of the statutory accounts.
| This schedule does not form part of the statutory accounts. | ||
|---|---|---|
| Turnover Sales Administrative expenses Staff training and welfare Travel and subsistence Rent Rates Service charges Telephone and fax Subscriptions Insurance Advertising and PR Other legal and professional Operating profit Profit on ordinary activities before taxation |
2021 £ 159,287 - 4,000 12,000 1,894 1,250 - 539 646 1,028 - 21,357 137,930 137,930 |
2020 £ 66,626 |
| 588 6,550 12,500 1,014 1,037 527 - 885 - 2,000 |
||
| 25,101 | ||
| 41,525 | ||
| 41,525 |
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