New Buddha Way
Charity No. 1170368
Trustee’s Report 2023
The Trustees present their accounts for year ended 31 March 2023.
Trustees who held office during the year were as follows:
| Mrs Lynne McNeil | Chairperson |
|---|---|
| Mrs Juliet Kimber | Secretary |
| Mr Jeremy Herridge | Treasurer |
| Mr Paul McNeil | Trustee |
| Ms Caroline Relfe | Trustee |
| Mr Gordon Davidson | Trustee |
OBJECTIVES AND MANAGEMENT
The objectives of the Trust are:
The aim of New Buddha Way (hereafter ‘NBW’) is to advance the Buddhist religion (also known as ‘the Buddha Dharma’) for the benefit of the public in accordance with the spiritual, religious and ethical framework of ‘The Four Noble Truths’ and ‘The Noble Eightfold Path’, with their particular emphasis on wisdom, non-harm, compassion, and peace. To do this for the benefit of the public by means of:
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Teaching, informing, publicising, and distributing the Buddhist teachings and way of life in lectures and classes as well as paper and digital media. These are delivered with recognition that the preferred Buddhist way is by ‘making available’ rather than proselytising.
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Manifesting peaceful coexistence and community, through the holding of mainly free activities that are open and available to the public (as well as adherents) including:
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(a) Community meditation and contemplation sessions,
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(b) Meditation retreats,
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(c) The public celebration of Buddhist festivals,
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(d) Occasional pastoral care.
People in poverty will not be excluded from the opportunity to benefit from NBW’s teachings.
HISTORY
New Buddha Way was founded in 2002 in Guildford as a voluntary association by Prof. Geoff Hunt, Buddhist Chaplain at Surrey University. Since then, the group has grown steadily to become the small community that meets today.
REVIEW OF THE YEAR
From March 2022 New Buddha Way continued to meet for meditation as a community, both via zoom and in person.
We have met every Sunday and occasionally midweek and have up to fifty people each week with participants old and new able to join us from various locations.
These sessions as everything we offer at NBW are free.
We have offered an Introductory Session every six weeks to anyone who would like to know more about NBW and follow on with our Sunday Community Sessions.
Our Retreats and Festival days have now resumed following the Covid restrictions of last year.
We raised funds through participant donations and were able to send a contribution to Woking Food Bank and Buddhist Global Relief and the Anukampa Project. We are also supporting the Anukampa Project with a regular vegetable box donation.
Our board of Trustees met regularly throughout the year. There has been a restructuring of the board following the retiring of our Founder Dr Geoffrey Hunt and we have been supported by new members stepping forward from the community to continue the charities’ work.
We continue to promote our aims of wisdom, non-harm, compassion, and peace.
Signed on behalf of the Trustees:
| Signature | Full Name | Date of Approval |
|---|---|---|
| Mrs Lynne McNeil | 02/08/2023 | |
| Mrs Juliet Kimber | 02/08/2023 | |
| Mr Paul McNeil | 02/08/2023 |
New Buddha Way No (if any)1170368 Receipts and payments accounts CC16a For the period 01/04/2022 31/03/2023 To from
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts Amazon Smile Card Donations SumUp Cash Donations FONBW Gift Aid Individual Donations March 2023 Retreat Retreat School Visits/Funerals Walk/Foodbank Sub total(Gross income for AR) |
Unrestricted funds to the nearest £ 5.00 299.92 505.15 1,924.00 538.47 1,216.90 3,060.00 0.00 0.00 50.00 7,599 - - - 7,599 2,000.00 75.36 1,934.50 332.63 531.10 60.00 175.20 3,060.00 0.00 0.00 552 - 8,721 - - - 8,721 - 1,122 - 7,117 5,995 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 5 300 505 1,924 538 1,217 3,060 - - 50 7,599 - - - 7,599 2,000 75 1,935 333 531 60 175 3,060 - - 552 - 8,721 - - - 8,721 - 1,122 |
Last year to the nearest £ 5.00 0.00 137.00 1,834.00 543.42 1,117.68 0.00 2,064.00 120.00 0.00 |
|
| 5,821 | ||||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments BGR/Foodbank Computer and Internet Expenditures Hall Hire Insurance Expenditure-General Liability Insurance Office/General Administrative Expenditures Professional Fees Quickbooks Retreat Hire Retreat Refund Uncategorised Expenditure Anukampa Project Visiting Speaker **Sub total ** |
||||||
| 5,821 | ||||||
| 1,000.00 72.96 302.40 304.40 320.50 60.00 0.00 1,706.00 -350.00 0.00 500.00 50.00 |
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| 3,966 | ||||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 3,966 | ||||||
| - 1,122 | - | - |
- 1,122 | 1,855 | ||
| - | - | - | - | - | ||
| 7,117 | - | - | 7,117 | 10,762 | ||
| 5,995 | - | - |
5,995 | 12,617 |
CCXX R1 accounts (SS)
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
signed in manuscript signed in manuscript Details Details Treasurer's Account Reserve Account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 7,117 - 4,379 - - - 11,496 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Lynne McNeil Paul McNeil |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| signed in manuscript | Lynne McNeil | 02/08/2023 | |
| signed in manuscript | Paul McNeil | 02/08/2023 |
CCXX R2 accounts (SS)
2
Inde endent Examinerfs Re ort to the Trustees of New Buddha Wa This report is on the accounts for the year ended 3111 March 2023. Balance sheet total £11fv96.01 RespecU¥e reSpw$lbllltl ofTrusteos and Examlner The charltles trustees are responslble for the preparatlon of the attounts. The charltles trustees conslder that an audlt Is not requlred thls year under sectlon 144 of the Charitles Act 2011 (the Charltles Act) and that an Independent emamlmtlon Is needed. My examlnatlon Includes a revlew of the accountlng records kept by the charlty and a comparlson of the accounts presented wlth those records. nden No matter has come to my attentlon wlth my examlnatlon of the a¢countln8 records, In accordanr with sertion 130 of the Charltles Act, and the accompanylng rtr¢oTds. Name Janette D•lgll¢$h Sl8nature Address JMD Accountlng Ltd 16 Hare Hlll Addlestone r15 IDT Date 0210812023