Trustees’ Annual Report for the period
From 01 April 2023 Period start date to 31 March 2024 Period end date
Charity name: Dewachan Buddhist Centre
Charity registration number:1168003
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To Advance the Buddhist Philosophy For the betterment of the society & the World. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
To Organize rite and rituals as per Buddhist Philosophy. Run Tibetan Language Classes, Thonmi Sambhota Script classes and Run Spiritual Teaching Classes. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have had full regards to the Guidance issued by Charity Commission. During the year because of Covid-19 not public events have been organised, however the charity carried out some donations to victims of Covid-19 |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Help other charities with similar objectives. |
| Policy on social investment including program related investment |
Para 1.38 | Only invest in the company which has Good record on human rights and socio-economic responsibility. |
| Contribution made by volunteers |
Para 1.38 | The Contributions by volunteers during the year amount to over 10 hours of volunteer’s work. |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The Charity was dormant during the year. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | None |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | The charity was dormant during the year. |
| Investment performance against objectives |
Para 1.41 | None |
| Other | None |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity’s Financial position is sound and robust. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Charity got the reserve, and the purpose of holdings reserve is future acquisition of Buddhist Monastery and unforeseen circumstances. |
| Amount of reserves held | Para 1.22 | £35,690 |
| Reasons for holding zero reserves |
Para 1.22 | None |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donation Subscription Grant Charitable Activities |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | No fund has been invested so far and all the funds are held in current accounts. |
| A description of the principal risks facing the charity |
Para 1.46 | None |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution Adopted in Registration |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Association Consisting of Nine Trustees and Six Board Members |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed or reappointed every three years. Only People with clean back ground are selected for trustees. Bankruptcy and criminal search are carried out every two years for the trustees. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | All trustees and employees are subject to satisfactory reference and clearance for criminal records. |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | This is an independent charity however will be working closely with other charities with similar objectives. |
| Relationship with any related parties |
Para 1.51 | None of the trustees are paid for their role directly or indirectly. |
| Other |
Reference and Administrative details
| Charity name | Dewachan Buddhist Centre |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1168003 |
| Charity’s principal address | 1 Acacia Grove SWINDON SN2 1RY |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 |
Trustee name | Office (if any) | Dates acted if not for wholeyear |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Lama Dharam Gurung | Chairman | |||
| Mr Ganesh Tamang | Vice Chairman | |||
| Mr Chandra Gurung | Treasurer | |||
| Ms Eliza Gurung | Vice-Treasurer | |||
| Mr SamipGurung | Gen- Secretary | |||
| Mrs Bishnu Kumari Ghale |
Secretary | |||
| Mr AngLakpa Sherpa | Trustee | |||
| Mr Hitman Gurung | Trustee | |||
| Mrs Sita Sherchan Gurung |
Trustee | |||
| Mrs Sita Tamang | Trustee | |||
| Mr Ganga Singh Gurung | Trustee | |||
| Mrs Kamala Gurung | Trustee | |||
| Mrs Binita Lama Bhuju | Trustee | |||
| Mr Gam Bahadur Gurung | Trustee | |||
| Mr Lokman Gurung | Trustee | |||
| His Holiness Lelung Rinpoche |
Advisor | |||
| Mr Sher Sunar | Advisor | |||
| Mr Deepak Shrestha | Advisor | |||
| Mr Dhruv KC | Advisor |
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
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 |
||
| Compliance | Kaman Waiba | Vista Centre.50 Salisbury Road, Hounslow, TW4 6JQ |
| Name of chief executive or names of senior staff members (Optional information) |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
None
Other optional information
None
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Lama Dharam Bahadur Gurung | Mr Samip Gurung | |
Chairman |
General Secretary | |
| 30/12/2024 | ||
| 30/12/2024 |
i CHARITY COMMISSION FOR ENGLAND AND WALES Cha Name: Dewan¢han Buddhlst Centre No.'1168003 Receipts and payments accounts CC16a For the period from To 01104r2023 3110312024 Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total lunds Last y•ar to Ihe nearest toth¢ neorest£ to the ne4r85t£ to the n•ar••t£ tothe n8arest£ A1 Receipts Membership Fees 175 175 Sub total (Gross income for AR) 175 175 A2 Asset and investment sales. {see table). Sub total 175 175 A3 Payments Raising Funds Accountant Fee Donation Covid Support 400 Sub total A4 Asset and investment purchasE5, (bee t¢£blel Sub total Total payments Net of reeeipts/(payments) A5 Transfers betsveen funds A6 Cash funds last year end Cash funds this year end 175 176 35,690 3S,865 35.690 35,865 36.130 3S,690 CCXX R1 accounts ISSI 0710612024
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to n¢•rest £ Restricted funds Endowment funds to Atrartst£ Categories Details to neart5t £ B1 Cash funds Cash in Bank 35.865 Total cash funds 35.865 •xw¥ii Unrestricted fund$ to n¢ar¢st£ Restricted funds ttj n••r¢$t £ Endowment funds to rtoarest£ Detai15 B2 Other monetsry assets Fund to whl¢h •t b¢lon Current valu• onal Details Cost loptlon411 Fund to which asset bebon Currontvalu? tional Detsils Cost loptionat) B4 Assets retalned for the charity's own use Fund to t*htch relates Amount due nol When due ono1 Details B5 Liabilities Signed by one or trustees on behalf of all the tnjstees SKJnature Print Name Dale of proval Lama Dharam Bahadur Gurun Mr Chandra Bahadur Gurung 0710612024 0710812024 CCXX R2 accounts ISSI 0710612024