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2025-05-31-accounts

ANUKAMPA BHIKKHUNI PROJECT

(A company Limited by Guarantee) Annual Report & Financial Statements For the year ended 31 May 2025

Registered Charity (England & Wales) : 1172570 Company Registration Number : 10158053

ANUKAMPA BHIKKHUNI PROJECT ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

CONTENTS PAGES
Reference and Administrative Details of the charity, its trustees and advisers 02
Trustees’ Annual Report (Including Directors’ Report) 03 - 06
Independent Examiner’s Report 07
Statement of Financial Activities (Including Income & Expenditure Account) 08
Balance Sheet 09
Notes to the Financial Statements 10 - 16

ANUKAMPA BHIKKHUNI PROJECT ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

Charity Name ANUKAMPA BHIKKHUNI PROJECT
Charity No (England & Wales) 1172570
Company No (England & Wales) 10158053
Registered Office 16 Blenheim Close, Shepreth, ROYSTON, SG8 6PT
Website Address www.anukampaproject.org
All those who served as a Trustee in the reporting period and as at date,
the report was signed are as follows.
Current Trustees
Ven.Bhikkhu Brahmavamso (Chair)
Alison Claire French (Secretary - Resigned on 9th November 2025)
Manori Kokila Wickremasinghe (Treasurer)
Thamali Ranuji Wickramasinghe
Kenneth Alfred Richardson
Elena Hui Ling Han (Secretary - Appointed on 9th November 2025)
Matthew David Pountney
Bankers HSBC Bank PLC
54 High Street
Surrey
KT19 8DS
Independent Examiner MGT SILVER THRONE
Chartered Accountants & Tax Advisers
C/o Cloud Business Hub
23, Sangley Road
London
SE25 6QT

ANUKAMPA BHIKKHUNI PROJECT INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2025

The Trustees, who are the Directors of the Company for the purposes of company law, are pleased to present their Report and Financial Statements together with the Independent Examiner’s Report for the year ended 31 May 2025.

OBJECTS & ACTIVITIES

Objects

To advance Theravada Buddhism in the UK for the benefit of the public primarily by:

Public Benefit

Through its work, the charity does or will offer the following public benefits:

ACHIEVEMENTS & PERFORMANCE

Review

In terms of education of the public in the teachings and practices of the Buddha, Anukampa Bhikkhuni Project continued to organise talks and retreats given by Venerable Canda, Ajahn Brahm and other monastics. Anukampa Grove Bhikkhuni Monastery has continued to accommodate visitors to offer dana and take part in Buddhist practices.

In terms of establishing and maintaining a residential centre or centres offering material support for Theravada Buddhist bhikkhunis and women training towards full bhikkhuni ordination, Anukampa Bhikkhuni Project became a visa-sponsoring body in February 2025 with a view to sponsoring a religious worker visa to an overseas aspiring nun. In March 2025 and April 2025, two aspiring nuns, British and Canadian, took their initial eight ethical precepts as Anagarikaa’s, with a view to novice and full (bhikkhuni) ordination – a historical first in the UK.

Organisation and Volunteers

There is currently a group of dedicated Trustees with different skills and roles who are working to support the charity and its aims. Recent Trustee roles include working on the sale of the Maywood Road property and overseeing the process to obtain a visa for an overseas aspirant.

The volunteers continue to support Venerable Canda and Anukampa Bhikkhuni Project either by offering regular administrative or financial assistance, or when the need arises such as during teaching tours and retreats.

Teaching and Community Engagement

Venerable Canda taught many day-long retreats in the UK, a weekend retreat in Finland in February 2025 and cotaught an 8-day retreat in Norway with fellow monastic Ajahn Nitho in May 2025. She also offered many Dhamma talks by invitation. In June 2024, Ajahn Brahmali gave a series of talks and a day retreat in Oxford. Ajahn Brahm

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ANUKAMPA BHIKKHUNI PROJECT INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2025

also visited to give a series of talks, and he and Ven Canda offered a week-long online retreat. In February 2025, Bhante Sujato gave two day retreats, a half-day retreat and a Dhamma talk on behalf of Anukampa.

Venerable Canda continues to offer thrice-weekly teachings and guided meditations via Zoom, including the popular Sutta (early Buddhist text) discussions reaching an international audience, as well as organising many guest monastic teachings via Zoom. The online Anukampa newsletter, providing charity updates, event information and resources, has nearly 3000 subscribers.

Dana and Fundraising opportunities

All talks and retreats given provide a direct opportunity for dāna (donations) to be offered by members of the public and there have been regular donations in response to the Zoom teachings and online events.

Supporters are given the opportunity to offer regular grocery deliveries and vegetable boxes, as well as other requisites. Needed items are circulated through links on the Anukampa website and via two Anukampa WhatsApp groups that supporters can ask to join. Venerable Canda has also been receiving regular meal offerings, providing Buddhist groups and individuals an opportunity to make merit and receive blessings.

Educational activities & materials

Recordings of retreats and talks have continued to be made public and free of charge via Anukampa’s YouTube channel and via website links, with many being live streamed. There are currently over 1000 videos uploaded to Anukampa’s YouTube channel, which has approximately 9150 subscribers and the Anukampa Facebook page has approximately 8300 followers.

FINANCIAL REVIEW

Summary

The total Income received/receivable during the year ended 31 May 2025 amounted to £271,976 (2024: £769,767) of which £44,990 (2024: £62,048) were expended on the charitable activities during the year. This resulted in a net increase of the unrestricted fund of £226,986 (2024: £707,719) during the year.

The charity maintains a bursary fund (restricted fund), which is made up of donations specifically received for the purpose of the fund. This restricted fund enables and subsidises low-income members of the public to attend the ticketed events at a reduced rate. Donations to the bursary fund during the year amounted to £0 (2024: £0) and contributions worth £0 (2024: £0) were utilised during the year ended 31 May 2025.

Risk Management

The Trustees regularly review the risks to which the Association is exposed. They do not consider that there are any substantial risks beyond the liabilities disclosed in the financial statements. The Charity’s insurance policy covers public liability and finance & administration liability. The Trustees accept that the Charity’s reputation could be at risk through activities such as money laundering but consider that the Charity has policies and procedures in place that provide reasonable protection to mitigate these risks.

Reserves Policy

The reserves policy is regularly reviewed and has been maintained at the previously agreed amount of £30,000.

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ANUKAMPA BHIKKHUNI PROJECT INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2025

STRUCTURE, GOVERNANCE & MANAGEMENT

Governing Document

The Charity was first established in 2016 as a charitable company registered under the companies Act 2007. It is now a charitable company limited by guarantee, which was incorporated on, and governed by its Articles of Association dated, 11 March 2016.

Each member of the Company is required to contribute an amount not exceeding £10 should the Company be wound up while he/she is a member, or within one year after he/she ceases to be a member. The Directors are the members of the Company. The Articles are supported by Regulations for Subscribing Members, which were last updated in March 2025.

Appointment of Trustees

The Board consists of:

Seven Trustees elected by the Charity’s subscribing members to serve for a period not exceeding one year from the date of incorporation or appointment.

Eligibility

General Organisational Structure

The Anukampa Bhikkhuni Project (“the Charity”) organisation has been designed with the following aims in mind:

The Charity’s structure is composed of the Trustees with legal responsibility for the running of the Charity, and the Volunteers who support Charity’s activities for free on an ‘as-needed’ basis. The Charity briefly engaged a paid team administrator whose role was to become a single point of coordination.

Trustees

The Trustees have the full legal responsibility for the running of the Charity as per AoA Article 29.2 and UK Gov, CC3a.

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ANUKAMPA BHIKKHUNI PROJECT INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2025

Volunteer Team

The Anukampa Bhikkhuni Project is supported by a team of volunteers. Volunteers are unpaid and have offered their time, skills or resources freely and without the expectation of remuneration or expenses. Volunteers may provide

support on a one-off basis, such as helping to run an event, or on an on-going basis, in which case they may have agreed to complete certain responsibilities. Their support is not delivered under contract. While the Trustees may also fit this definition and frequently interact with the wider Volunteer team, their extended responsibilities outlined above makes them a distinct organisational category.

Within the Volunteer team, there is a core team supporting with key administration or operational activities of the Charity. The only difference between these volunteers and other volunteers is the frequency of the support offered; the core team tends to support on a recurring basis while the wider team of volunteers supports on a more ad hoc, needs-informed basis. The core team currently consists of several interrelated volunteer roles whose incumbents perform specific tasks as the need arises and within the limitations of the time each volunteer can offer. At present, volunteers are coordinated by the Spiritual Director.

Current Volunteer Team

Annie Yunnus Bookings and website Paul Michael Burton Social media coordinator and promotions Elena Han Email administration Shobi Yoganathan Email administration Alison Claire French Email administration Matthias Wolf YouTube and online events team Manori Wickremasinghe In-person events and online events team Gunther Strait In-person events and online events team Ishani Weerasuriya Finance volunteer Dermot Boylan Finance volunteer Madhuwanthi Buddhadasa Volunteer management assistant

APPROVAL

This report, which has been prepared in accordance with the provisions within part 15 of the Companies Act (2006) relating to small companies, was approved by the trustees and signed on their behalf by:

--------Signed------------------------------23/02/2026---------------- Ms. Elena Hui Ling Han Date Secretary

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ANUKAMPA BHIKKHUNI PROJECT INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2025

Independent examiner's report to the trustees of ANUKAMPA BHIKKHUNI PROJECT

I report on the accounts of the charity for the year ended 31 May 2025, which are set out on pages 8 to 16.

Respective responsibilities of trustees and independent examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given 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 examiner’s statement

In connection with my examination, no material matters have come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the:

  2. a) accounting records were not kept in accordance with section 386 of the Companies Act 2006; or b) the accounts do not accord with such records; or,

  3. c) the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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. d) the accounts have not been prepared in accordance with the Charities SORP (FRS102)

  5. I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

------------ Signed --------------------Terrance Gunaratne Bsc, ACA, CPFA MGT SILVER THRONE Chartered Accountants & Tax Advisers C/o Cloud Business Hub 23, Sangley Road London SE25 6QT

23 February 2026

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ANUKAMPA BHIKKHUNI PROJECT STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MAY 2025

Note
Income from:
Donations
4
Charitable Activities
5
Investments (Bank Interest)
Total
Expenditure on:
Charitable Activities
6
Total
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds at the beginning
Total funds at the end
Unrestricted
Restricted
Total
Funds
Funds
2025
£
£
£
246,291 -
246,291
19,033 -
19,033
6,652 -
6,652
271,976 -
271,976
44,990
-44,990
44,990
-44,990
226,986
-226,986
- - -
226,986
-226,986
2,668,452 7722,669,224
2,895,438 7722,896,210
Total
2024
£
709,512
40,945
19,310
769,767
62,048
62,048
707,719
-
707,719
1,961,505
2,669,224

All income and expenditure and the resulting net movement in funds arise from continuing operations.

There are no recognized gains or losses other than the net movement in funds for the year.

Comparative figures for the previous year by fund type are shown in Note 14.

The Notes on pages 10 to 16 form an integral part of these financial statements.

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ANUKAMPA BHIKKHUNI PROJECT BALANCE SHEET FOR THE YEAR ENDED 31 MAY 2025

Fixed assets
Tangible assets
Current Assets:
Debtors & Prepayments
Cash at bank and in hand
Liabilities:
Creditors and Deferred Income
Net Current Assets
Net Assets
Funds of the charity:
Restricted funds
Unrestricted funds
Note Unrestricted
Restricted
Total
Funds
Funds
2025
£
£
£
2,937,045
-2,937,045
30,019
30,019
492,535 772
493,307
522,553 772
523,325
564,160 -
564,160
( 41,607)
772
( 40,835)
2,895,438
772
2,896,210
772772
2,895,438
2,895,438
2,895,438 772
2,896,210
Total
2024
£
8
9
10
12
12
2,882,452
14,134
498,042
512,176
725,404
( 213,228)
2,669,224
772
2,668,452
2,669,224

The trustees (who are also the directors of the company for the purposes of company law) confirm that for the year ended 31 May 2025:

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The notes on pages 10 to 16 form an integral part of these financial statements.

These accounts, which have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies, were approved by the trustees on 23 February 2026 and signed on their behalf by:

-----Signed----------------------- Ms. Manori Wickremasinghe Treasurer

----------Signed----------------------- Ven. Bhikkhu Brahmavamso Chair

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ANUKAMPA BHIKKHUNI PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

1. Basis of Preparation

1.2. Charity Status

The charity is a company limited by guarantee. The members of the company are the trustees named on page 2. In the event of the charity being wound up, the liability of the members is limited to a sum not exceeding £10, being the amount that each member undertakes to contribute to the assets of the charity.

2. Accounting Policies

2.1. Fund accounting

2.2 . Incoming Resources

2.3. Resources Expended and Liabilities

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ANUKAMPA BHIKKHUNI PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

2.4. Support Costs and Employee Benefits

All Support Costs are paid from the unrestricted fund.

2.5. Tangible assets and Depreciation

2.6. Foreign Currencies

Transactions in foreign currencies are recognized and recorded at the rate prevailing at the time of the transactions. Monetary assets and liabilities are retranslated at the rate of exchange prevailing at the balance sheet date. Any difference is taken to the statement of financial activities.

2.7. Investment

2.8 . Creditors

2.9. Taxation

The charity is not liable to income tax or capital gains tax on its charitable activities.

2.10. Critical Accounting Estimates and Judgements

3. Transactions with Trustees and Related Parties

The charity has no employees.

a) No trustees received any remuneration during the year (2024 - £nil).

b) The charity's insurance policy includes Directors’ and officers’ liability.

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ANUKAMPA BHIKKHUNI PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

4. Income from Donations

Unrestricted
Restricted
Total
Funds
Funds
2025
£
£
£
Donations
232,971
-232,971
Auctions and other fundraising
8,238
-8,238
HMRC Gift Aid
5,082
-5,082
246,291
-246,291
Total
2024
£
697,883
-
11,629
709,512

5. Income from Charitable Activities

Ticket Sales 2025
£
19,033
19,033
2024
£
40,945
40,945

6. Expenditure on Chartable Activities

Direct Costs
Event Expenses
Bursary Cost
Unrestricted
Restricted
Total
Funds
Funds
2025
£
£
£
1,808
-
1,808
-
--
1,808
-
1,808
Total
2024
£
17,893
17,893

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ANUKAMPA BHIKKHUNI PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

Expenditure on Chartable Activities (continued)

Support Costs
General Administration
Accommodation costs
Computer and IT costs
Light, Heat & Water
Insurance
Travelling
Bank Charges
Paypal Charges
Repairs & maintenance
Monastic Expenses
Governance Costs (Note 7)
Total
628
-628
5,994
-5,994
3,046
-3,046
2,479
-2,479
1,685
-1,685
2,512
-2,512
2,128
-2,128
--
14,319
-14,319
8,278
-8,278
2,113
-2,113
43,182
-43,182
44,990
-44,990
323
18,062
3,287
1,942
1,097
3,013
327
3,539
-
10,454
2,111
44,155
62,048

7. Governance Costs

Independent Examiner's Fee 2025
£
2,113
2,113
2024
£
2,111
2,111

8. Fixed Assets

Cost or valuation
At 1 June 2024
Addition
At 31 May 2025
Depreciation
At 1 June 2024
Charge for the year
At 31 May 2025
Net book value
At 31 May 2024
At 31 May 2025
Land &
Buildings
£
At cost
2,882,453
54,592
2,937,045
-
-
-
2,882,453
2,937,045

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ANUKAMPA BHIKKHUNI PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

9. Debtors & Prepayments

Unrestricted
Restricted
Total
Funds
Funds
2025
£
£
£
Gift Aid receivable
17,833 -17,833
Prepayments 12,186 -12,186
30,019 -30,019
Total
2024
£
12,750
1,384
14,134

10. Creditors: amounts falling due within one year

Creditors and Accruals
Deferred Income
Property Loan
2025
£
3,801
53,030
507,329
564,160
2024
£
3,325
5,704
716,375
725,404

11. Movements in Deferred income

Fundraising income received in
advance for 2024/25
Fundraising income received in
advance for 2025/26
As at
Funds
Released
01/06/24
Received
to income
£
£
£
5,704 -
( 5,704)
53,030 -
5,704 53,030
(5,704)
As at
31/05/25
£
-
53,030
53,030

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ANUKAMPA BHIKKHUNI PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

12. Statement of funds Movement in funds - Current year

As at Incoming Outgoing As at
01/06/24 Resources Resources Transfers 31/05/25
Unrestricted funds £ £ £ £ £
General Fund 2,668,452 271,976 2,668,452 271,976 ( 44,990)
-
- 2,895,438
Restricted funds
Sponsorship Fund - - - - - - - - -
-
-
-
-
Bursary Fund 772 - -
772 - -
772 - -
772 - -
772 - -
-
772 - -
-
-
-
772
772
Total Funds 2,669,224 271 224 271,976 (44,990)
-
- 2,896,210

Statement of funds Movement in funds - Prior year

13. Purpose of Funds

Unrestricted Funds

General fund

The fund that can be expended at the discretion of the trustees in furtherance of the objects of the charity.

Restricted Funds

Bursary fund

Funding provided by the charity to enable low-income members of the public to ask for financial assistance to attend the ticketed events.

Sponsorship Fund Funding received by the charity to sponsor events and related tours attended by the spiritual director.

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ANUKAMPA BHIKKHUNI PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

14. Comparative income and expenditure by fund type

Income from:
Donations
Charitable Activities
Investments (Bank Interest)
Total
Expenditure on:
Charitable Activities
Total
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds at the beginning
Total funds at the end
2025
2024
£
£
246,291 709,512
19,033 40,945
6,652 19,310
271,976 769,767
44,990
62,048
44,990
62,048
226,986 707,719
- -
226,986 707,719
2,668,452 1,960,733
2,895,438 2,668,452
Unrestricted Fund
2025
2024
£
£
Restricted Fund


- -
- -
- -
- -
- -
-

-
- -
- -
772 772
772
772

End of Report

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