2021-05-31-accounts - Vietnamese Buddhist Association-Uk

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Trustees' Annual Report for the period

Period start date Period end date 01 June 2020 31 May 2021 From To

Section A Reference and administration details

VIETNAMESE BUDDHIST ASSOCIATION - UK Charity name - (VBA UK) HỘI PHẬT GIÁO VIỆT NAM Other names charity is known by (VƯƠNG QUỐC ANH) Registered charity number (if any) 1162186 Charity's principal address Flat 4, 1 Lotus Close 69 Rosendale Road London Postcode SE21 8BJ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Ven-THICH LE NGUYEN CON VAN DAO	Chairperson
	Mr HUNG THANH TANG	First Vice Chair
	Mr QUANG TRAN	Second Vice Chair
	Mr CAM HONG NGUYEN	Secretary
	Mrs DUNG THI BUI	Treasurer
	Mrs NU TO TON QUYNH
	Mr NGUYEN TUAN BUI

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Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Accountant	New Ocean Accounting Services Ltd	19 Denham Crescent, Mitcham, Surrey CR4 4LZ



Name of chief executive or names of senior staff members (Optional information)


Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document (eg. trust deed, constitution) How the charity is constituted (eg. trust, association, company)	Vietnamese Buddhist Association-UK is constituted as a charitable trust registered with the Charity Commission on 15 June 2015 under charity number 1162186.
	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 monthly and are responsible for all decisions taken in relation to running the Vietnamese Buddhist Association-UK (VBA) and the activities provided by the charity. To assist in the smooth running of the charity the trustees have set up a number of sub-committees that help them oversee certain aspects of the charity’s work. Sub-committees are currently set up for oversee the finance and for the day-to-day management of the charity and report back with their recommendations at the full

Type of governing document
(eg. trust deed, constitution)
How the charity is constituted
(eg. trust, association, company)

Vietnamese Buddhist Association-UK is constituted as a charitable
trust registered with the Charity Commission on 15 June 2015 under
charity number 1162186.

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 monthly and are responsible
for all decisions taken in relation to running the Vietnamese
Buddhist Association-UK (VBA) and the activities provided by the
charity.
To assist in the smooth running of the charity the trustees have set
up a number of sub-committees that help them oversee certain
aspects of the charity’s work. Sub-committees are currently set up
for oversee the finance and for the day-to-day management of the
charity and report back with their recommendations at the full

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meetings of the trustees. The sub-committees meet eight (8) times a year, and are also chaired by the Chairperson.

Trustee selection methods

(eg. appointed by, elected by) The existing trustees are responsible for the recruitment of new trustees on the board. The trustees believe this approach ensures that new trustees are respected members of the faith and local communities and ensure that good relations are fostered between the Vietnamese Buddhist Association-UK (VBA) and the people of the local community that we serve. In selecting new trustees, we seek to identify people who regularly attend events and functions organised by the charity and are willing to volunteer to help in our broader community work. Potential trustees are invited to attend trustees’ meetings as observers and are given more detail of the charity’s aims and activities and, if all agree, they are then proposed as new trustees at the subsequent trustees’ meeting. This process allows due consideration of the person's eligibility, personal competence, specialist knowledge and skills.

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Induction and training of 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 the 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 religion for the public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act.

Initially, new trustees work with an existing trustee 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.

Risk management

The trustees have examined the risks that the charity could be exposed to and have minimised these risks which could have an impact on the charity.

Insurance cover is in place, and the finances of the Vietnamese Buddhist Association-UK (VBA) are kept under review, with a reserve limit set to face unforeseen circumstances.

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Appropriate Disclosure and Barring Service (DBS) checks, supported by regularly reviewed policies, will be implemented when the charity has activities which involve those who work with children or other vulnerable groups within the Vietnamese Buddhist Association-UK (VBA).

Section C Objectives and activities

The objectives of the charity are set out in the charity’s trust deed and are summarised below:

Summary of the objects of the charity set out in its governing document

To advance the Vietnamese Buddhist faith in United Kingdom for the benefit of the public, in particular through the holding of prayers, meditation practice, meetings, Buddhist lectures, the public celebration of religious festivals and the distribution of literature on the Buddhist faith to enlighten others.

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Our objectives are set out to reflect the Vietnamese Buddhist Association-UK faith and have the following aims:

In the short-term: Organize four important Buddhist ceremonies in a year (February, May, August, November) and open short course for Vietnamese-British or those who want to learn about Buddhism each month.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

In the long-term: The charity’s goal is to build a Vietnamese Buddhist Pagoda in London and through our community facilities and activities help make our area a peaceful, vibrant and harmonious community.
We want to make our Vietnamese Buddhist Pagoda an accessible and welcoming venue where all Buddhists, or those who wish to know more about our faith, can gather together to learn about the Buddha’s teachings and worship. Our pagoda will be open at all times with daily prayers, with the Sunday prayers being the focus of our activities. In addition to an open day, we will also hold an open week each year when we invite congregations from all other local religions to visit us.
Volunteers are an important resource in both our faith and community work. Volunteers are involved in most of our faith and community activities. We will appoint about ten volunteers for running our organisation in the near future.
All our trustees give up their time freely. We encourage all members of our Vietnamese Buddhist Pagoda to be involved in voluntary activities and to share their skills with others. All those volunteers working with projects involving children or other vulnerable groups will be DBS checked.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
To help achieve the charity’s goal, the charity has asked its members to donate £20 a month towards the day-to-day running costs, which has been received with overwhelming support.
contribution made by volunteers.

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Section D Achievements and performance Summary of the main The charity carries out a wide range of activities in pursuance of its achievements of the charity charitable aims. The trustees consider that these activities, during the year summarised below, provide benefit both to those who worship at our Pagoda. Religious activities The charity provides a centre for our prayers and worship and for the activities associated with our faith. During the year under review, we offered a range of religious services and activities including: Prayers: The charity currently hire a hall each month for its activities. This is attended around 200 of its members, and on the 4 main events in the calendar this number increases to around 500. With a Vietnamese Buddhist Pagoda in place the charity expects to accommodate around 1,000 members at special events throughout the year. Funeral services: The charity provides a complete funeral service in line with Vietnamese tradition. We relieve the deceased’s bereaved relatives of the burden of organising burials. We also hold special classes to teach people how to proceed with Vietnamese Buddhist burial procedures.

Section E Financial review

Brief statement of the Reserves policy charity’s policy on reserves The trustees have reviewed the reserves of the charity. Their policy is to hold enough funds to meet at least three months operating costs for organisational activities. Currently the reserve limit is set at £30,000. The charity does not have debit or credit cards and does not online banking facilities. Details of any funds materially in deficit

Further financial review details (Optional information)

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You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Principal funding sources

The charity has two main sources of income from donations:
Donations through those attending prayer; and
Donations from members of £20 a month.
The charity has no long-term investments.
Our long-term ambition is to build a Vietnamese Buddhist Pagoda in London and through our community facilities and activities help make our area a peaceful, vibrant and harmonious community.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Chair Ven. THICH LE NGUYEN CON VAN DAO Full name(s) Position (eg Secretary, Chair, etc) Secretary CAM HONG NGUYEN Date 31 03. 2022

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	Vietnamese Buddhist Association - UK	Vietnamese Buddhist Association - UK	Vietnamese Buddhist Association - UK	Charity No:	1162186	CC17a
	Annual accounts for theperiod
	Period start date 1 June 2020		To	Period end date	31 May 2021

Section A	Statement of financial activities
Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income Donations S01 Activities for generating funds S02 Investment income S03 Incoming resources from charitable activities S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 *Total resources expended* *Total incoming resources* *Total funds carried forward* Total funds brought forward *Net movement in funds* *Net incoming/(outgoing) resources before* *transfers* Gains and losses on investment assets Gains and losses on revaluation of fixed assets for the charity’s own use Other recognised gains/(losses) *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds		Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05
		-	-	-	-	-
		36,837	-	-	36,837	11,250
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		36,837	-	-	36,837	11,250

		-	-	-	-	-
		-	9,900	-	9,900	3,850
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	651,825	-	651,825	-
		-	661,725	-	661,725	3,850
		36,837	661,725 -	-	624,889 -	7,400
		-	-	-	-	-
		36,837	661,725 -	-	624,889 -	7,400

		-	-	-	-	-
		-	-	-	-	-
		36,837	661,725 -	-	624,889 -	7,400
		293 -	663,568	-	663,275	655,875
		36,544	1,843	-	38,386	663,275

Page 1 of 15

Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds £ F03	Total this year Total last year £ £ F04 F05	Total this year Total last year £ £ F04 F05
-	651,825	-	651,825	-
-	-	-	-	-
-	-	-	-	-
-	651,825	-	651,825	-

-	-	-	-	-
-	100	-	100	500
-	-	-	-	-
38,286	-	-	38,286	662,775
38,286	100	-	38,386	663,275

-	-	-	-	-

38,286	100	-	38,386	663,275

38,286	651,925	-	690,212	663,275

-	-	-	-	-
-	-	-	-	-

38,286	651,925	-	690,212	663,275

38,286			38,286	10,157
-			-	-
	651,925		651,925	653,118
		-	-	-

38,286	651,925	-	690,212	663,275

Signature		Print	Date of approval Name
		Ven. THICH LE NGUYEN CON VAN DAO		31/03/2022
		CAM HONG NGUYEN		31/03/2022

Page 2 of 15

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

• Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with* ✓ Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act.

Give details in this box if a different standard has been followed.

-Tick as appropriate:
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick
“Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

Give details in this box of any material changes that have been made.

1.3 Changes to previous accounts

No changes have been made to the accounts for previous years.

Give details in this box of any material changes that have been made.

Page 3 of 15

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when: resources • the charity becomes entitled to the resources;

the trustees are virtually certain they will receive the resources; and

• the monetary value can be measured with sufficient reliability. Incoming resources with Where incoming resources have related expenditure (as with fundraising or contract income) related expenditure the incoming resources and related expenditure are reported gross in the SoFA. Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.

Tax reclaims on donations Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to and gifts which they relate. Contractual income and This is only included in the SoFA once the related goods or services have been delivered. performance related grants

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the Gifts in kind amount actually realised.

Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable. Donated services and These are only included in incoming resources (with an equivalent amount in resources facilities expended) where the benefit to the charity is reasonably quantifiable, measurable and material . The value placed on these resources is the estimated value to the charity of the service or facility received.

The value of any voluntary help received is not included in the accounts but is described in the Volunteer help trustees’ annual report.

Investment income This is included in the accounts when receivable. Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of service conditions or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.

Grants payable without These are only recognised in the accounts when a commitment has been made and there are performance conditions no conditions to be met relating to the grant which remain in the control of the charity. Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

ASSETS

Tangible fixed assets for use These are capitalised if they can be used for more than one year, and cost at least £100. by charity They are valued at cost or a reasonable value on receipt. Investments Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. Stocks and work in progress These are valued at the lower of cost or market value.

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Page 4 of 15

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

This year Last year £ £ Analysis	This year Last year £ £ Analysis	This year Last year £ £ Analysis
Donations for charityrunningcosts	36,837	3,645
Donations for acquiring premises	-	7,605
	-	-
	-	-
	-	-
Total	36,837	11,250

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

Page 5 of 15

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.

This year Last year £ £ Analysis	This year Last year £ £ Analysis	This year Last year £ £ Analysis
Hall hire and insurance	-	3,850
Repairs and maintenance	9,870	-
Telephone, postage and stationery	-	-
Bank charges	30	-
Sundry	-	-
Total	9,900	3,850

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
Total	-	-

Page 6 of 15

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

*support costs.*
Support cost type	Fundraising activity £	Charitable Activity £	Governance Activity £	Total Cost £
None	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
Total	-	-	-	-

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid	This year	Last year
	None	None

	£	£

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

*appropriate box(es).*
Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts	This year £	Last year £
	None	None
	None	None

Page 7 of 15

Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

Fundraising Charitable Activities Governance Other Total Gross wages, salaries and benefits in kind The parts of the charity in which the employees work 7.2 Average number of full-time equivalent employees in the year Employer’s National Insurance costs Pension costs Total staff costs	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

nt employees in the year	This year Number	Last year Number
Fundraising	-	-
Charitable Activities	-	-
Governance	-	-
Other	-	-
Total	-	-

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme

----- Start of picture text -----
This year Last year
£ £
The costs of the scheme to the charity for the year - -
The amount of any contributions outstanding at the year end - -
The amount of any contributions prepaid at the year end - -
----- End of picture text -----

Page 8 of 15

Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

8.1 Total value of grants
Purpose for whichgrants made	Grants to institutions Total amount £	Grants to individuals Total amount £
None	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
*Total*	-	-

8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

*institutions supported.*
Names of institutions	Purpose	Total amount of grantspaid £
None		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
*Total grants to institutions*		-

Page 9 of 15

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Payments on account and assets under construction £	Total £
-	-	-	1,449	-	1,449
651,825	-	-	-	-	651,825
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
651,825	-	-	1,449	-	653,275

9.2 Accumulated depreciation and impairment provisions

			SL
			33%
-	-	-	1,449	-	1,449
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	1,449	-	1,449

-	-	-	-	-	-
651,825	-	-	-	-	651,825

9.4 Revaluation If any fixed assets have been revalued please give details of the valuer and method of valuation

Page 10 of 15

Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

Add/(deduct):net gain/(loss) on revaluation Carrying (market) value at beginning of year Carrying (market) value at end of year Add:additions to investments at cost Less:disposals at carrying value	£
	-
	-
	-
	-
	-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Analysis of investments Other investments Total Investment properties Securities not listed on a recognised Stock Exchange Cash held as part of the investment portfolio Investments listed on a recognised stock exchange or held in common investment funds, open ended investment companies, unit trusts or other collective investment schemes Investments in subsidiary or connected undertakings and companies	10.2 Market value at year end £	10.3 Income from investments for the year £
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held Market Value

Page 11 of 15

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
100	500	-	-
-	-	-	-
100	500	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	22,000	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	22,000	-	-

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

Page 12 of 15

Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

permanent endowment funds (PE);
expendable endowment funds (EE); and
restricted income funds, including special trusts, of the charity (R).

Fund Name Type PE, EE or R Purpose and Restrictions	Fund Name Type PE, EE or R Purpose and Restrictions	Fund Name Type PE, EE or R Purpose and Restrictions
Premises	R	To acquire premises as a base for the charity

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

Fund names	Fund balances brought forward £	Incoming resources £	Outgoing resources £	Transfers £	Gains and losses £	Fund balances carried forward £
None	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
Total Funds	-	-	-	-	-	-

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund(Name)	To Fund(Name)	Reason	Amount
None

Page 13 of 15

Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

Name of trustee or connected party	Amounts paid or benefit value	Amounts paid or benefit value
	This year £	Last year £
None

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Name of trustee or connected party	Amount owing	Amount owing
	This year £	Last year £
None

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee or relatedparty	Relationship to charity	Description of the transaction(s)	This year £	Last year £
None

Page 14 of 15

Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

Page 15 of 15

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Vietnamese Buddhist Association – UK members of

On accounts for the year 31 May 2021 Charity no 1162186 ended (if any) Set out on pages 1 to 15

Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent In connection with my examination, no matter has come to my attention
examiner's statement (other than that disclosed below *)
which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
- have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.

Signed: Date: 31.03.2022 Name: New Ocean Accounting Services Limited Relevant professional qualification(s) or body Association of Chartered Certified Accountants (if any):

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Address: 19 Denham Crescent

Mitcham

Surrey CR4 4LZ

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose .

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