Trustee Report for Wat Matchimaram UK
Year Ending: 20 November 2023
Overview
Wat Matchimaram UK is dedicated to providing support and guidance to individuals through Buddhist teachings, meditation, chanting, prayer meetings, and festivals. The charity also focuses on producing and distributing Buddhist literature to promote understanding and practice of Buddhism.
Trustee Names
-
UPOPRON KUNYAVATUOPONG (Chair)
-
Kantinun Lewis
-
Yingsuree Duangmanee
-
Sal Green
-
Sumanus Lawson
Address
Wat Matchimaram UK Buddhist Temple
Londesboro Terrace
Leeds, LS9 9NE
Phone: 01132496700
Email: yupa_1947@outlook.com Registered Charity Number: 1124872
Activities and Achievements
During the year, the charity continued to engage the community with various activities:
-
Meditation and Prayer Meetings: Regular sessions were held to foster spiritual growth and community support.
-
Festivals: Celebrations attracted both members and the local community, promoting inclusivity and cultural understanding.
-
Literature Distribution: Continued efforts to produce and distribute Buddhist texts helped enhance educational outreach.
Financial Review
For the year ending 20 November 2023, the charity reported a net income of £2,165, bringing total funds to £41,172. The charity faced challenges with reduced income from charitable activities, reflecting a decrease from the previous year. However, overall expenditures were managed effectively, resulting in a positive financial position.
Future Plans
Going forward, the charity aims to:
-
Increase community outreach and engagement.
-
Explore new fundraising opportunities to support activities.
-
Enhance educational programs through the distribution of literature and resources.
Independent Examiner's Report
To the Trustees of Wat Matchimaram UK
I report on the accounts of Wat Matchimaram UK for the year ended 20 November 2023, which are set out on pages 3 to 5.
Respective Responsibilities of Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. The examiner is responsible for reporting on the accounts.
Basis of Independent Examiner's Report
An examination is carried out in accordance with the Charities Act 2011 and is aimed at ensuring the accounts are consistent with the accounting records.
Independent Examiner's Statement
In my opinion:
-
The accounts are in accordance with the accounting records maintained by the charity.
-
The accounts comply with the requirements of the Charities Act 2011 and regulations made under it.
Financial Statements for the Year Ended 20 November 2023 Statement of Financial Activities
| Income and Endowments | Unrestricted Funds (£) |
Total Funds 2023 (£) |
Total Funds 2022 (£) |
|---|---|---|---|
| Donatons and Legacies | 20,863.00 | 20,863.00 | 9,049.00 |
| Charitable Actvites | 17,380.00 | 17,380.00 | 60,818.00 |
| Total Income | 38,243.00 | 38,243.00 | 69,867.00 |
| Expenditure on Charitable Actvites |
36,078.00 |
36,078.00 | 30,860.00 |
| Net Income/Expenditure | 2,165.00 | 2,165.00 | 39,007.00 |
| Total Funds Brought Forward |
39,007.00 | 39,007.00 | - |
| Total Funds Carried | |||
| Forward | 41,172.00 | 41,172.00 | 39,007.00 |
Balance Sheet
Total Funds 2023 Total Funds 2022 Assets and Liabilities (£) (£) Fixed Assets 279,000.00 - Current Assets 35,451.00 131,286.00 Creditors (within 1 (239,000.00) (58,000.00) year) Net Assets/Liabilities 75,451.00 73,286.00 Unrestricted Funds 41,172.00 39,007.00 Total Funds 114,458.00 73,286.00
Notes to the Financial Statements
-
Accounting Policies : The financial statements are prepared on an accrual basis and in accordance with applicable accounting standards.
-
Income Analysis : A breakdown of income sources includes donations, legacies, and income from charitable activities.
-
Expenditure Analysis : Expenditures primarily include management and administrative costs along with costs associated with charitable activities.
-
Tangible Fixed Assets : Fixed assets consist of freehold land and buildings valued at £279,000.
-
Debtors and Creditors : The charity holds debtors of £5,146 and has creditors totaling £239,000.
The financial statements were approved by the Board on 20 August 2024 and signed on behalf of the Board by:
UPOPRON KUNYAVATUOPONG
Chairman
This report provides an overview of the charity’s activities, financial performance, and future plans while complying with relevant legal requirements.
Registered Charity Number :- 1124872
WAT MATCHIMARAM UK a Charitable Incorporated Organisation
FINANCIAL STATEMENTS
FOR THE YEAR END 20 November 2023
WAT MATCHIMARAM UK Wat Matchimaram Uk Buddhist Temple Londesboro Terrace
LEEDS
WAT MATCHIMARAM UK
CONTENTS
FOR THE YEAR ENDED 20 November 2023
STATEMENT OF FINANCIAL ACTIVITIES ............................................................................................................ 3 BALANCE SHEET ...................................................................................................................................................... 4 NOTES TO THE FINANCIAL STATEMENTS .......................................................................................................... 5
2
STATEMENT OF FINANCIAL ACTIVITIES
WAT MATCHIMARAM UK
FOR THE YEAR ENDED 20 November 2023
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Total Expenditure on: Charitable activities 4 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ Total Funds 2023 £ Total Funds 2022 £ 20,863.00 20,863.00 9,049.00 17,380.00 17,380.00 60,818.00 |
|---|---|
| 38,243.00 38,243.00 69,867.00 |
|
| 36,078.00 36,078.00 30,860.00 |
|
| 36,078.00 36,078.00 30,860.00 |
|
| 2,165.00 2,165.00 39,007.00 |
|
| 2,165.00 2,165.00 39,007.00 39,007.00 39,007.00 - |
|
| 41,172.00 41,172.00 39,007.00 |
3
BALANCE SHEET
WAT MATCHIMARAM UK
FOR THE YEAR ENDED 20 November 2023
| Recommended categories by activity Notes Fixed assets Tangible assets 5 Total fixed assets Current assets Debtors 6 Cash at bank and in hand 7 Total current assets Creditors: amounts falling due within one year 8 Net current assets/(liabilities) Total net assets or liabilities Funds of the Charity Unrestricted funds 9 Restricted income funds 9 Endowment funds 9 Revaluation reserve Total funds |
Unrestricted funds £ Total Funds 2023 £ Total Funds 2022 £ 279,000.00 279,000.00 - |
|---|---|
| 279,000.00 279,000.00 - |
|
| 5,146.00 5,146.00 55,000.00 30,305.00 30,305.00 76,286.00 35,451.00 35,451.00 131,286.00 239,000.00 239,000.00 58,000.00 (203,549.00) (203,549.00) 73,286.00 |
|
| 75,451.00 75,451.00 73,286.00 |
|
| 41,172.00 41,172.00 39,007.00 - - - - 73,286.00 73,286.00 34,279.00 |
|
| 114,458.00 114,458.00 73,286.00 |
The financial statements were approved by the Board on 20-Aug-2024 and signed on its behalf by:
UPOPRON KUNYAVATUOPONG Chairman
4
WAT MATCHIMARAM UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 20 November 2023
1 Accounting Policies
1.1 Accounting Policies
1.2 Basis of preparation
1.3 Going concern
2 Income from Donations and Legacies
| Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds 2023 |
Total funds 2022 |
|
|---|---|---|---|---|---|
| Analysis | £ | £ | £ | £ | £ |
| Donation and gifts | 14,935.00 | - | - | 14,935.00 | - |
| Gift Aid | 5,928.00 | - | - | 5,928.00 | - |
| Legacies | - | - | - | - | 9,049.00 |
| 20,863.00 | - | - | 20,863.00 | 9,049.00 | |
| come from Charitable Activities | |||||
| Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds 2023 |
Total funds 2022 |
|
| Analysis | £ | £ | £ | £ | £ |
| Sale of service | 17,380.00 | - | - | 17,380.00 | 60,818.00 |
| 17,380.00 | - | - | 17,380.00 | 60,818.00 |
3 Income from Charitable Activities
5
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 20 November 2023
WAT MATCHIMARAM UK
4 Expenditure on Charitable Activities
| Analysis Charity management & administartio Charity running cost Cost of services |
Total funds 2023 Total funds 2022 £ £ 12,069.00 14,818.00 16,890.00 16,042.00 7,119.00 - |
|---|---|
| 36,078.00 30,860.00 |
6
WAT MATCHIMARAM UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 20 November 2023
5 Tangible Fixed Assets
5.1 Cost or valuation
Freehold Land & Buildings
£
| At 21 November 2022 |
279,000.00 | 279,000.00 |
|---|---|---|
| Additions | - | |
| Disposals | - | |
| Revaluations | - | |
| Transfers | - | |
| At 20 November 2023 |
279,000.00 | |
| 5.2 Amortisation and impairments | ||
| Freehold Land & | ||
| Buildings | ||
| £ | ||
| At 21 November | ||
| 2022 | - | |
| Additions | - | |
| Disposals | - | |
| Revaluations | - | |
| Transfers | - | |
| At 20 November | ||
| 2023 | - |
5.2 Amortisation and impairments
5.3 Net book value
Freehold Land & Buildings £ At 21 November 279,000.00 2022 At 20 November 279,000.00 2023
7
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 20 November 2023
WAT MATCHIMARAM UK
6 Debtors: Amounts falling due within one year
| Total funds 2023 | Total funds 2022 | |
|---|---|---|
| £ | £ | |
| Other debtors | 5,146.00 | 55,000.00 |
| 5,146.00 | 55,000.00 | |
| sh at bank and in hand | ||
| Total funds 2023 | Total funds 2022 | |
| £ | £ | |
| Cash at bank and on hand | 30,305.00 | 76,286.00 |
| 30,305.00 | 76,286.00 | |
| editors: Amounts falling due within one year | ||
| Total funds 2023 | Total funds 2022 | |
| £ | £ | |
| Bank loans and overdrafts | 1,000.00 | 58,000.00 |
| Other creditors | 238,000.00 | - |
| 239,000.00 | 58,000.00 |
7 Cash at bank and in hand
8 Creditors: Amounts falling due within one year
8
NOTES TO THE FINANCIAL STATEMENTS
WAT MATCHIMARAM UK
FOR THE YEAR ENDED 20 November 2023
9 Charity funds
9.1 Details of material funds held and movements during the CURRENT reporting period
| Fund | Fund | |||||
|---|---|---|---|---|---|---|
| Fund names | balances brought |
Income | Expenditure | Transfers | Gains and losses |
balances carried |
| forward | forward | |||||
| £ | £ | £ | £ | £ | £ | |
| Unrestricted | ||||||
| funds | ||||||
| 39,007.00 | 38,243.00 | (36,078.00) | - | - |
41,172.00 | |
| Total | 39,007.00 | 38,243.00 | (36,078.00) | - | - |
41,172.00 |
| tails of material | funds held and | movements | during the PREVIOUS | reporting period | ||
| Fund | Fund | |||||
| Fund names | balances brought |
Income | Expenditure | Transfers | Gains and losses |
balances carried |
| forward | forward | |||||
| £ | £ | £ | £ | £ | £ | |
| Unrestricted | ||||||
| funds | ||||||
| - | 69,867.00 | (30,860.00) | - | - |
39,007.00 | |
| Total | - | 69,867.00 | (30,860.00) | - | - |
39,007.00 |
9.2 Details of material funds held and movements during the PREVIOUS reporting period
9.3 Transfers between funds This Year
| Amount | ||
|---|---|---|
| £ | ||
| Between unrestricted and restricted funds | - | |
| Between endowment and restricted funds | - | |
| Between endowment and unrestricted funds | - | |
| ear | ||
| Amount | ||
| £ |
Last Year
Between unrestricted and restricted funds - Between endowment and restricted funds - Between endowment and unrestricted funds -
9
Trustee Report for Wat Matchimaram UK
Year Ending: 20 November 2023
Overview
Wat Matchimaram UK is dedicated to providing support and guidance to individuals through Buddhist teachings, meditation, chanting, prayer meetings, and festivals. The charity also focuses on producing and distributing Buddhist literature to promote understanding and practice of Buddhism.
Trustee Names
-
UPOPRON KUNYAVATUOPONG (Chair)
-
Kantinun Lewis
-
Yingsuree Duangmanee
-
Sal Green
-
Sumanus Lawson
Address
Wat Matchimaram UK Buddhist Temple
Londesboro Terrace
Leeds, LS9 9NE
Phone: 01132496700
Email: yupa_1947@outlook.com Registered Charity Number: 1124872
Activities and Achievements
During the year, the charity continued to engage the community with various activities:
-
Meditation and Prayer Meetings: Regular sessions were held to foster spiritual growth and community support.
-
Festivals: Celebrations attracted both members and the local community, promoting inclusivity and cultural understanding.
-
Literature Distribution: Continued efforts to produce and distribute Buddhist texts helped enhance educational outreach.
Financial Review
For the year ending 20 November 2023, the charity reported a net income of £2,165, bringing total funds to £41,172. The charity faced challenges with reduced income from charitable activities, reflecting a decrease from the previous year. However, overall expenditures were managed effectively, resulting in a positive financial position.
Future Plans
Going forward, the charity aims to:
-
Increase community outreach and engagement.
-
Explore new fundraising opportunities to support activities.
-
Enhance educational programs through the distribution of literature and resources.
Independent Examiner's Report
To the Trustees of Wat Matchimaram UK
I report on the accounts of Wat Matchimaram UK for the year ended 20 November 2023, which are set out on pages 3 to 5.
Respective Responsibilities of Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. The examiner is responsible for reporting on the accounts.
Basis of Independent Examiner's Report
An examination is carried out in accordance with the Charities Act 2011 and is aimed at ensuring the accounts are consistent with the accounting records.
Independent Examiner's Statement
In my opinion:
-
The accounts are in accordance with the accounting records maintained by the charity.
-
The accounts comply with the requirements of the Charities Act 2011 and regulations made under it.
Financial Statements for the Year Ended 20 November 2023 Statement of Financial Activities
| Income and Endowments | Unrestricted Funds (£) |
Total Funds 2023 (£) |
Total Funds 2022 (£) |
|---|---|---|---|
| Donatons and Legacies | 20,863.00 | 20,863.00 | 9,049.00 |
| Charitable Actvites | 17,380.00 | 17,380.00 | 60,818.00 |
| Total Income | 38,243.00 | 38,243.00 | 69,867.00 |
| Expenditure on Charitable Actvites |
36,078.00 |
36,078.00 | 30,860.00 |
| Net Income/Expenditure | 2,165.00 | 2,165.00 | 39,007.00 |
| Total Funds Brought Forward |
39,007.00 | 39,007.00 | - |
| Total Funds Carried | |||
| Forward | 41,172.00 | 41,172.00 | 39,007.00 |
Balance Sheet
Total Funds 2023 Total Funds 2022 Assets and Liabilities (£) (£) Fixed Assets 279,000.00 - Current Assets 35,451.00 131,286.00 Creditors (within 1 (239,000.00) (58,000.00) year) Net Assets/Liabilities 75,451.00 73,286.00 Unrestricted Funds 41,172.00 39,007.00 Total Funds 114,458.00 73,286.00
Notes to the Financial Statements
-
Accounting Policies : The financial statements are prepared on an accrual basis and in accordance with applicable accounting standards.
-
Income Analysis : A breakdown of income sources includes donations, legacies, and income from charitable activities.
-
Expenditure Analysis : Expenditures primarily include management and administrative costs along with costs associated with charitable activities.
-
Tangible Fixed Assets : Fixed assets consist of freehold land and buildings valued at £279,000.
-
Debtors and Creditors : The charity holds debtors of £5,146 and has creditors totaling £239,000.
The financial statements were approved by the Board on 20 August 2024 and signed on behalf of the Board by:
UPOPRON KUNYAVATUOPONG
Chairman
This report provides an overview of the charity’s activities, financial performance, and future plans while complying with relevant legal requirements.