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2022-12-31-accounts

THE DALAI LAMA CENTRE FOR COMPASSION

A Company Limited by Guarantee

TRUSTEES’ REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Registered Charity Number: 1164491 Company Number: 9353205

CONTENTS

Page
Legal and administrative information 1
Trustees Report 2-3
Independent Examiner’s Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the financial statements 7-10

THE DALAI LAMA CENTRE FOR COMPASSION LEGAL AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2022

The Trustees who are Directors of the charity for the purposes of company law, have pleasure in presenting their report and the unaudited statements of The Dalai Lame Centre for Compassion (The DLCC), a company limited by guarantee and registered charity, for the year ended 31 December 2022.

Reference and administrative information

Registered charity name The Dalai Lama Centre for Compassion Charity number 1164491 Company registration number 9353205 Registered and administrative office 33 St Giles Oxford OX1 3LD http://dlccoxford.org/ Bankers Royal Bank of Scotland 1 Spinningfields Square Manchester Independent Examiners Edwards & Keeping Unity Chambers 34 High East Street Dorchester DT1 1HA

Directors

The Directors during the year ended 31 December 2022 and since the year end, were as follows:

Miss Isabelle Sarah White Viscount Luke Timothy Charles Hinchingbrooke Mr Alexander Norman Mrs Kirstie Papworth

The Directors of the charitable company (the charity) are its trustees for the purpose of charity law.

Key management personnel:

Although the Trustees control and manage the administration of a charity, the day to day management of its activities is delegated to the following individual.

Mr James Slattery (Executive Director)

THE DALAI LAMA CENTRE FOR COMPASSION TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Objects and Articles of Association, and 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).

Structure, governance and management

The DLCC is a registered charity and a company limited by guarantee governed by its Objects and Articles of Association. The DLCC registered with the Charity Commission on 20 November 2015. The DLCC is governed by the Objects and Articles of Association and is managed by a Board of Directors. The Directors are charity trustees as defined by Section 177 of the Charities Act 2011.

Trustees are elected for three years by the Members or co-opted by the Trustees. A third of the Trustees must retire each AGM, but may stand for re-election. The Trustees meet quarterly each year.

Objectives and Activities

The objectives of the Charity are to promote moral and spiritual improvement by advancing individuals and society’s understanding of compassion and related values such as empathy, forbearance, dignity and integrity by:

The Dalai Lama Centre for Compassion was delighted to deepen our partnership with long-term friends at Emory University's Centre for Contemplative Science and Compassion-based Ethics. Both organisations are fortunate to have His Holiness the Dalai Lama as a patron and inspiration for our work and many complementary assets, skills and experiences to enhance each other's work. Our new collaboration involves developing and delivering a new compassion-focused social and emotional learning project, SEE Learning, for UK schools. Building on the success of our Compassion Matters project, we aim to provide educator training and learning resources to support children and young people in developing critical social and emotional skills. In a post-pandemic context where so many young people suffer acute mental health challenges, we want to provide as many opportunities as possible for schools to offer proactive skills-focused sessions helping children to learn emotional regulation, self-awareness, relationship skills and responsible decision-making.

Progress of our new SEE Learning UK project included the delivery of the first tranche of learning materials for key stage two (7-11-year-olds) launched in September, piloted between February and July. The learning materials include 24 lesson plans, 24 presentations, ten new audio guides and accompanying implementation and theory guides for educators. We are particularly pleased with the quality of presentations and accompanying media we have developed to support educators and students. From the feedback we have gathered, it is clear that this has enhanced accessibility and learner engagement. A new website was developed (https://www.seelearning.org.uk/) and launched in late August 2022, hosting all of the learning resources, training materials, and acting space for communicating with schools via the website's blog. In the initial piloting stage, the project was trialled in three schools between February and July, reaching 1000 pupils and providing essential feedback for the final curriculum versions. Since August, the project has been nationally launched at a wider key stage 2 level and promoted across various events and forums. The project is forecast to reach 2500 children during its first year. Across the charity's compassion education programmes, Compassion Matters, and SEE Learning projects, a total of 6543 children and young people have benefited from compassion-focused social and emotional learning lessons in over 40 schools in 2023.

The current financial challenges across the wider sector and society have impacted the charity's income during 2022. Despite this, the charity's Compassion Circle fundraising scheme successfully generates regular donations from various individual donors to support the charity's education work. We were also delighted to participate in The Big Give match funding campaign centred around mental health in November, raising £10,000 from public donations. In addition, we are grateful to receive support from several charitable trusts, including Doris Field Charitable Trust, Matthew Wrightson Foundation, The Prudence Trust and Sir Halley Stewart Trust. Trustees are focused on providing further support for income by recruiting a new trustee focused on this area and a support staff for fundraising.

The Trustees met four times during the financial year 2022 and reviewed strategy and finance, including the reserves policy, safeguarding, GDPR and risk management, which they consider to be robust and appropriate to meet any unforeseen circumstances that may arise.

THE DALAI LAMA CENTRE FOR COMPASSION TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

Reserves Policy

The Trustees are satisfied that there will continue to be sufficient reserves at the end of the current financial year (2022).

Statement of Directors’ responsibilities

The Directors are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law and regulations.

Company law requires the Directors to prepare financial statements for each financial year. Under that law they have elected to prepare the financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Under company law the Directors must not approve the financial statements 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 financial statements, the Directors are required to:

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 financial statements 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.

In so far as the Directors are aware:

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime under the Companies Act 2006.

Approved by the DLCC and signed on its behalf by:

Name: ……Kirstie Drummond Papworth……

Position: ………Chair of Trustees…..……………………………………………………

Date …………………06/09/2023……………………………………….…………

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

THE DALAI LAMA CENTRE FOR COMPASSION

I report to the charity trustees on my examination of the accounts for The Dalai Lama Centre for Compassion (DLCC) for the year ended 31 December 2022, which are set out on pages 5 to 10.

Responsibilities and basis of report

As the charity’s trustees (who are also the Directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under Section 145 of the Charities Act 2011 (“the 2001 Act”). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act.

Independent examiner’s report

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the company as required by Section 386 of the 2006 Act or

  2. the accounts do not accord with those accounting records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Name of principal: Kate Hobbs FCA
Name of firm: Edwards & Keeping
Relevant professional body: Institute of Chartered Accountants in England and Wales
Address: Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

THE DALAI LAMA CENTRE FOR COMPASSION

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted Restricted 2022 2021
Funds Funds Total Total
Notes £ £ £ £
Income and endowments from:
Donations and legacies 3 38,203 38,203 50,940
Interest 22 22 1
–––––––– –––––––– –––––––– ––––––––
Total income and endowments 38,225 38,225 50,941
–––––––– –––––––– –––––––– ––––––––
Expenditure on:
Raising funds 4 6,753 - 6,753 11,821
Charitable activities 4 54,821 - 54,821 38,897
–––––––– –––––––– –––––––– ––––––––
Total expenditure 61,574 - 61,574 50,718
–––––––– –––––––– –––––––– ––––––––
Net (expenditure)/ income (23,349) (23,349) 223
Transfers between funds - -
–––––––– –––––––– –––––––– ––––––––
Net movements in funds (23,349) (23,349) 223
–––––––– –––––––– –––––––– ––––––––
Total funds brought forward 51,234 1,000 52,234 52,011
–––––––– –––––––– –––––––– ––––––––
Total funds carried forward 27,885 1,000 28,885 52,234
══════ ══════ ══════ ══════

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

THE DALAI LAMA CENTRE FOR COMPASSION BALANCE SHEET AS AT 31 DECEMBER 2022

2022 2021
Total Total
Notes £ £ £
Fixed assets
Office equipment 9 - -
Current assets
Debtors 10 - -
Cash in hand and at bank 32,282 55,742
–––––––– ––––––––
32,282 55,742
–––––––– ––––––––
Creditors: amounts falling due within
one year 11 (3,397) (3,508)
–––––––– ––––––––
Net current assets 28,885 52,234
–––––––– ––––––––
Total assets less current liabilities 28,885 52,234
–––––––– ––––––––
Total net assets 28,885 52,234
══════ ══════
Funds of the charity
Unrestricted funds 12 27,885 51,234
Restricted funds 12 1,000 1,000
–––––––– ––––––––
Total funds 28,885 52,234
══════ ══════

The notes on pages 5 to 10 form part of these financial statements.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Trustees’ responsibilities:

The financial statements were approved and authorised for issue by the Board on ……………………..……

Name: ……Kirstie Drummond Papworth…

Position: ……Chair of Trustees………………………….

Registered Charity Number : 1164491 Company Number : 9353205

THE DALAI LAMA CENTRE FOR COMPASSION NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

1. Basis of preparation

The financial statements have been prepared in accordance with 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 (CRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Accounts have been prepared on the accruals basis. The Dalai Lama Centre for Compassion meets the definition of a public benefit entity under FRS 102.

2. Accounting policies

Funds

Unrestricted funds are general funds available for the general objectives of the Centre.

Restricted funds can only be used for the purposes for which they have been given, within the objectives of the Centre. Any costs related to raising and administering such funds are charged against those specific funds.

Incoming resources

Income is recognised in the SOFA when the Centre has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grants are recognised as soon as the DLCC becomes aware of its legal entitlement, any conditions attached to the grant have been met, it is probable that the income will be received, and the amount can be measured reliably.

When incoming resources have related expenditure (as with fundraising income) the incoming resources and the related resources expended are accounted for gross in the SOFA.

Interest is accounted for when receivable and includes any recoverable tax.

Resources expended

Expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for goods or services. All costs have been directly attributed to the various categories within the SOFA.

Any general support costs have been allocated across activity cost categories on a basis consistent with the use of resources based on an allocation of actual costs.

Irrevocable VAT is charged as a cost against the activity for which expenditure was incurred.

Governance costs include the cost of the preparation of the annual accounts and the legal cost of advice on governance or constitutional matters.

3. Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class Depreciation method and rate Office equipment 33.3% straight line

THE DALAI LAMA CENTRE FOR COMPASSION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2022

Preparation of the accounts on a going concern basis

The accounts have been prepared on a going concern basis.

4. Analysis of incoming resources

4.
Analysis of incoming resources
2022 2021
Unrestricted Restricted Total Total
£ £ £ £
Donations and legacies
Donations 8,582 8,582 27,582
Grants 29,621 - 29,621 23,358
–––––––– –––––––– –––––––– ––––––––
38,203 38,203 50,940
══════ ══════ ══════ ══════
5.
Analysis of resources expended
2022 2021
Unrestricted Restricted Total Total
£ £ £ £
Costs of raising funds
Fundraising 6,753 6,753 11,821
–––––––– –––––––– –––––––– ––––––––
6,753 - 6,753 11,821
══════ ══════ ══════ ══════
Expenditure on charitable activities
Insurance 1,075 1,075 1,083
Rent 600 600 550
Office costs 410 410 507
Advertising and marketing 2,441 2,441 1,088
Content development 355 355 -
Office equipment 175 175 -
Accomodation & subsistence 2,762 2,762 -
IT costs 1,407 1,407 1,281
Legal and professional fees - - -
Consultancy - - -
Salaries 43,456 43,456 38,934
Job Retention Scheme Grants - - (5,800)
Course & Content development - - -
Other costs 1,154 1,154 222
Accountancy and book keeping 486 486 532
Governance costs – independent 500 500 500
examination
Depreciation - - -
–––––––– –––––––– –––––– ––––––––
54,821 - 54,821 38,084
══════ ══════ ══════ ══════

THE DALAI LAMA CENTRE FOR COMPASSION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2022

6. Related Party Transactions

The trustees were not paid or received any other benefits from employment with the Centre in the period. Trustee expenses for the year ending 31 December 2022 were £nil (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2020: £nil). Total donations made to the charity by trustees was £Nil (2021: £Nil).

  1. Analysis of staff costs, trustee recommendations and expenses and the cost of key management personnel
2022 2021
£ £
Salaries and wages 42,190 37,800
Social security costs - -
Pension costs 1,266 1,134
–––––––– ––––––––
43,456 38,934
══════ ══════

No employees had employee benefits in excess of £60,000 (2021: Nil).

The key management of the Centre comprise the Trustees and one employee. The total received by key management personnel, comprising total employee benefits, was £43,456 (2021: £38,934).

8. Staff numbers

The average number of employees in the year was 1 (2021: 1 staff). There were no casual or part-time staff employed during the period.

9. Tangible assets

Office Equipment Total
£ £
Cost or valuation
At 1 January 2022 971 971
Additions - -
–––––––– ––––––––
At 31 December 2022 971 971
–––––––– ––––––––
Depreciation
At 1 January 2022 971 971
Charge for the period - -
–––––––– ––––––––
At 31 December 2022 971 971
–––––––– ––––––––
Carrying amount
At 31 December 2022 - -
══════ ══════
At 31 December 2021 - -
══════ ══════

THE DALAI LAMA CENTRE FOR COMPASSION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2022

10. Debtors and prepayments

2022 2021
£ £
Trade debtors - -
Prepayments - -
–––––––– ––––––––
- -
══════ ══════
No amounts were due in more than one year.
11. Creditors: Amounts failing due within one year
2022 2021
£ £
Trade creditors 2,197 2,308
Accruals 1,200 1,200
–––––––– ––––––––
3,397 3,508
══════ ══════

12. Analysis of movements in funds

Balance at Incoming
Resources
Resources		 Balance at
1 Jan 2022 resources expended Transfers 31 Dec 2022
£ £ £ £ £
Restricted funds - - - - -
Unrestricted Funds
Compassion Matters 1,000 - - 1,000
Other 51,234 38,225
(61,574)		 - 27,885
–––––––– ––––––––
––––––––		 –––––––– ––––––––
51,234 38,225
(61,574)		 - 28,885
══════ ══════
══════		 ══════ ══════
3. Analysis of net assets between funds
General Restricted 2022
Fund Funds Total
£ £ £
Fixed Assets - -
Debtors - - -
Cash in hand and at bank 31,282 1,000 32,282
Creditors (3,397) (3,397)
–––––––– –––––––– ––––––––
27,885 1,000 28,885
══════ ══════ ══════

13. Analysis of net assets between funds