## **Trustees’ Annual Report for the period**
**From 03.07.2023 Period start date To 02.07.2024 Period end date Charity name: Foundation for the Preservation of Yungdrung Bon**
**Charity registration number: 1173639**
## **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 education of the public in
general on the subject of Yungdrung Bon;
to promote research for public benefit into
all aspects of that subject and to publish
the outcomes of such research and
teaching; to ensure the teachings of
Yungdrung Bon are preserved in 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|-
In April our Director and Secretary
attended the Menri Drubchen Ceremony
at Menri Monastery, Dolanji in India and
donated around 50 FPYB books to the
Abbot, the Head Teacher and the
Monastery Library. This is of tremendous
ongoing benefit not only to the monks and
nuns of Menri but also to the many visitors
that the monastery receives so it is a fine
example of how our charity works to
preserve the teachings and traditions of
Yungdrung Bon.
-
In November 2023, we hosted Drubdra
Khenpo from Triten Norbutse Monastery,
Nepal, at FPYB headquarters again. During
this short visited, in response to requests
from the public, we were able to record
him chanting several prayers, notably**The**
**Precious Garland: The Prayer of the**
**Intermediate State by Gurshogpa**
And**Tsewang Mönlam: The Precious**
**Mala.**
These and other videos are freely available
on our YouTube channel as well as via our
social media platforms and website. We
also recorded one video in which he
clearly shows the mudras. This is of great
benefit to those who are not able to travel
to receive instructions in person, as all
these videos are freely available to the
generalpublic.|
|||-
During Drubdra Khenpo’s visit, we hosted
our first online Zoom event, which was
attended by around 100 people from all
over the world.
-
To mark the New Year of the Wood
Dragon, we released a new translation of a
special prayer to Lamlha, the Goddess of
the Path, which we made into a tsakali
postcard. The prayer is available gratis, in
Tibetan-English with transliteration, via
our website. While in Kathmandu, we also
printed and donated 100 copies of the
postcard to the Triten Norbutse
Monastery Shop. Proceeds from sales go
directly to the Monastery’s ongoing
projects.
-
This year, FPYB published 4 articles by our
chairman Dmitry Ermakov, all of which are
freely available to the general public via
our social media platforms and website;
_Dzogchen and Advaita Vedanta; The_
_Multiverse in Yungdrung Bon. Connections_
_between Siberian Shamanism, Bon and_
_Taoism._
-
We are particularly pleased that we were
asked to contribute a biography of Choza
Bonmo to The Treasury of Lives (_The_
_Treasury of Lives_is an online series of
biographical essays, used as an
encyclopaedia, that was established in
2007 with the mission of providing open
access to the lived history of Tibet and
surrounding regions. Biographies are
intended for a wide audience of scholars,
independent researchers and
practitioners. Essays cover a wide range of
figures, from Buddhist masters to artists
and political officials, most of which are
peer reviewed. Website localization into
Tibetan and Chinese languages in is
progress in order to meet the growing
numbers of users active in those
languages.)
-
Over the year, FPYB published 3 new
books:**_Jamma’s Protection;_Practise of**
**the Queen of Existence: Longlife and**
**Prosperity;****_Ku Sum Rangshar._**|
|---|---|---|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|All Trustees hereby confirm that they have
had due regard to the guidance issued by
the Charity Commission on public benefit.|
**Additional information (optional)**
## You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|The Foundation is staffed solely by a
handful of volunteers. Their work includes
translating texts from Tibetan to English;
translating FPYB publications from English
to other languages; layout and design of
publications; coordinating fund-raising
campaigns; accounting; managing social
media and FPYB website; replying to
emails; all legal matters, including ensuring
FPYB publications are not spread on
unsanctioned websites.|
|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|-
A sizeable collection of FPYB
publications donated to Menri
Monastery library and currently
available to the monks, nuns and
general public.
-
Several articles and teachings on key
tenets and sages of Yungdrung Bon
made freely available in several
languages;
-
An open Zoom lecture on breathing
and meditation techniques proven to
be beneficial for health and mental
well-being;
-
A translation of a prayer plus
devotional image made freely
available. Focussing on travel, this has
given strength and comfort to many.
-
Prayer cards donated to Triten
Norbutse Monastery shop for them to
sell have contributed to the ongoing
welfare of the 250 monks and nuns
who live there;
-
4 articles made freely available in
several languages have contributed to
the wider understanding of Yungdrung
Bon;|
|-|Contribution to the biography of the great|
|---|---|
||female saint Choza Bonmo to_The Treasury_|
||_of Lives_is a source of inspiration|
||particularly to women;|
|-|The publication of 2 books of prayers|
||and rituals benefit people’s overall|
||welfare and reduce stress;|
|-|The publication of one book for|
||advanced meditators goes some way|
||to meeting the growing need for high-|
||quality study materials;|
|-|In response to requests from the|
||general public, we have made|
||available videos of the Abbot of the|
||Meditation School, Triten Norbutse|
||Bonpo Monastery, Nepal, chanting key|
||prayers. This has helped countless|
||people find peace.|
|-|Thanks to donating proceeds from the|
||sale of one book directly to the main|
||Bonpo monastery in Nepal, the|
||building project to provide better living|
||quarters, classrooms and a temple for|
||the monks and nuns is progressing|
||well.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of this financial period, FPYB
funds are up by £2570, a considerable|
|---|---|---|
|||turnaround from last year’s loss, with £1657
held in FPYB Paypal account and £5838
held in FPYB current account.
This year we were forced to change banks
following the abrupt closure of our current
account. This caused great problems.|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|FPYB does not have a reserves policy as
we are such a small CIO.|
|Amount of reserves held|Para 1.22|N/A|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A|
|Details of fund materially in
deficit
Para 1.24
N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23
N/A|Details of fund materially in
deficit
Para 1.24
N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23
N/A|Details of fund materially in
deficit
Para 1.24
N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23
N/A|
|---|---|---|
|**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|This year, our main source of funds was
book sales, in particular, last year’s release
of a new full colour hardback meditation
manual on advanced breathing techniques.
We also received over £1000 in back
payments from eBooks, as well as
advanced donations/contributions to a
meditation retreat to be held in October of
thenextfinancialyear.|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
|Details of fund materially in
deficit
Para 1.24
N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23
N/A|Details of fund materially in
deficit
Para 1.24
N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23
N/A|Details of fund materially in
deficit
Para 1.24
N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23
N/A|
|---|---|---|
|**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|This year, our main source of funds was
book sales, in particular, last year’s release
of a new full colour hardback meditation
manual on advanced breathing techniques.
We also received over £1000 in back
payments from eBooks, as well as
advanced donations/contributions to a
meditation retreat to be held in October of
thenextfinancialyear.|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing
document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|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|(from our Constitution)
**10. Appointment of charity trustees**
1) **Appointed charity trustees**
a) Apart from the first charity
trustees, every appointed
trustee must be appointed by a
resolution passed at a properly
convened meeting of the
charity trustees.
b) In selecting individuals for
appointment as appointed
charity trustees, the charity
trustees must have regard to
the skills, knowledge and
experience needed for the
effective administration of the
CIO.
**11. Information for new charity trustees**
The charity trustees will make available to each
new charity trustee, on or before his or her
appointment:
a) a copy of the current version of this
constitution; and
b) a copy of the CIO’s latest Trustees’
Annual Report and statement of
accounts.
**12. Retirement and removal of charity**
**trustees**
1) A charity trustee ceases to hold office if
he or she:
a) retires by notifying the CIO in
writing (but only if enough
charity trustees will remain in
office when the notice of
resignation takes effect to form
a quorum from meetings);|
## **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||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Foundation for the Preservation of Yungdrung Bon|
|---|---|
|Other name the charity uses|FPYB|
|Registered charity number|1173639|
|Charity’s principal address|3, Low Bishopley Cottage,
Frosterley,
Bishop Auckland.
County Durham.
DL132SR|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||DmitryErmakov|Chair|||
||Zeyno Argyen
Dodd||||
||Dominique Troulay||||
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– 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 N/A held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Additional information (optional)**
**Names and addresses of advisers (Optional information)**|**Additional information (optional)**
**Names and addresses of advisers (Optional information)**|**Additional information (optional)**
**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**|||
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **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)** Dmitry Ermakov **Position (eg Secretary,** Chair **Chair, etc)** ~~a~~ **Date** 02/05/2025 ~~pO~~
**Charity Name No (if any) Foundation for the Preservation of Yungdrung Bon Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 03.07.2023 02.07.2024 ~~a~~
## **Section A Receipts and payments**
||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**||**Last year**||
|---|---|---|---|---|---|---|---|---|---|---|
||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||
|**A1 Receipts**|||||||||||
|Donations|**835**||**2,199**||**-**||**3,034**||**7,626**||
|eBook sales|**1,070**||**-**||**-**||**1,070**||**-**||
|Book sales|**5,087**||**-**||**-**||**5,087**||**1,705**||
|Zoom seminar|**378**||**-**||**-**||**378**||**-**||
|Bank interest|**5**||**-**||**-**||**5**||**-**||
|Refunds|**110**||**-**||**-**||**110**||**15**||
|Royalties|**-**||**-**||**-**||**-**||**312**||
|Social mediagivingschemes|**-**||**-**||**-**||**-**||**185**||
|**_Sub total_**_(Gross income for_
_AR)_|**7,485**||**2,199**||**-**||**9,684**||**9,843**||
|**A2 Asset and investment sales,**
**(see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_ 7,485**
**2,199**
**-**
**9,684**
**9,843**
~~—————~~|||||||||||
|**A3 Payments**|||||||||||
|IT, webhosting, email, software|**1,533**||**-**||**-**||**1,533**||**-**||
|Equipment & repairs|**67**||**-**||**-**||**67**||**-**||
|Royalties|**1,537**||**-**||**-**||**1,537**||**-**||
|Bookpublishing|**625**||**-**||**-**||**625**||**-**||
|Bank charges|**42**||**-**||**-**||**42**||**-**||
|Book donations|**346**||**-**||**-**||**346**||**-**||
|Travel|**443**||**-**||**-**||**443**||**-**||
|Monk's visit|**1,178**||**-**||**-**||**1,178**||**-**||
|Loan repayment|**998**||||||**998**||||
|Other|**306**||**-**||**-**||**306**||**-**||
|**_Sub total_ **|**7,075**||**-**||**-**||**7,075**||**9,188**||
|**A4 Asset and investment**
**purchases,(see table)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total payments_ 7,075**
**-**
**-**
**7,075**
**9,188**
~~SSS5—~~|||||||||||
|**_Net of receipts/(payments)_**|**410**|**410**|**2,199**|**2,199**|**- 2,609**|**- 2,609**|**- 2,609**|**- 2,609**|**655**|**655**|
|**A5 Transfers between funds**|**-**|**-**|**- -**|**- -**|**- -**||**-**||**-**|**-**|
|**A6 Cash funds last year end**|**4,925**|**4,925**|**- -**|**- -**|**- -**||**4,925**||**4,270**|**4,270**|
|**_Cash funds this year end_**|**5,335**|**5,335**|**2,199**|**2,199**|**- 7,534**|**- 7,534**|**- 7,534**||**4,925**|**4,925**|
|**Section B Statement of assets and liabilities at the end of the period**
~~ee~~|||||||||||
**Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £** CCXX R1 accounts (SS) ~~1~~ 05/05/2025
**B1 Cash funds** Barclays Bank **-** CAF Bank **3,639 2,199 -** PayPal **1,657 - -** _**Total cash funds**_ **5,296 2,199 -** ~~—=====~~ (agree balances with receipts and payments account(s)) 39 OK OK **Unrestricted Restricted Endowment funds funds funds** There is a minor agreement error of £39. **Details to nearest £ to nearest £ to nearest £ B2 Other monetary assets** zero **-** ~~————~~ **Fund to which Current value Details asset belongs Cost (optional) (optional) B3 Investment assets** zero **-** ~~ae~~ **Fund to which Current value Details asset belongs Cost (optional) (optional) B4 Assets retained for the** zero **charity’s own use - - - - - - - - - - - - - - - -** ~~att~~ **Fund to which Amount due When due Details liability relates (optional) (optional) B5 Liabilities** zero **-** Signed by one or two trustees on Date of behalf of all the trustees Signature Print Name approval Dmitry Ermakov 05.05.2025 ~~—=~~ 2 05/05/2025
CCXX R2 accounts (SS)