2022-03-31-accounts

			Page
Report ofthe Trustees			I to 6
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet
Cash Flow Statement			10
Notes to the Cash Flow		Statement
Notes to the Financial	Statements		12to 15
Detailed Statement of	Financial Activities		16

Event		Participants
Tuesday meditation	classes	15
Thursday meditation	classes	5
Saturday meditation	classes	5
Sunday meditation	classes	5
Makha Bucha Day (Online)		20
Visaka Puja Day (Online)		40
Daily Food Offering		20
Kathina Ceremony		400
New Year Retreat		18

				Exclude trom
				reserves	Reserves
Total funds					1,064,000
Tangible fixed assets not available		for general	purposes	686,000
Committed	ifemergency repairs are needed to		the old church building	60,000
and for replacement ofmotor vehicle				20,000
Committed	for construction ofnew	meditation	hall building	250,000	(1,016,000)
Actual reserves					~48 000
Amount required by the reserves policy					~30 000
Excess					~18000
Action will	be taken to address the	excess.

					2022	202]
					Unrestricted	Total funds
					funds
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				485,046	532,728
Total					485,046	532,728
EXPENDITURE ON
Charitable	activities
General					374,969	407,460
NKT INCOME/(EXPENDITURE)					110,077	125,268
RECONCILIATION		OF FUNDS
Total funds brought		fortvard			954,591	829,323
TOTAL FUNDS CARRIED FORWARD					1,064,668	954,591

				2022	2021
				Unrestricted	Total funds
				funds
			Notes
FIXED	ASSETS
Tangible	assets			686,653	682,458
CURRENT ASSETS
Cash at	bank and in hand			383,019	279,620
CREDITORS
Amounts	falling due within	one year		(5,004)	(7,487)
NKT CURRENT ASSETS				378,015	272,133
TOTAL	ASSETSLESSCURRENT			1,064,668	954,591
LIABILITIES
NET ASSETS				1,064,668	954,591
FUNDS
Unrestricted funds				1,064,668	954,591
TOTAL	FUNDS			1,064,668	954,591

					2022	2021
				Notes
Cash flows from operating	activities:
Cash generated &om operations					114,671	139,533
Net cash provided by (used in) operating
activities					114,671	139,533
Cash flows from investing	activities:
Purchase oftangible fixed assets					~11,272)	~7,948)
Net cash provided by (used	in) investing				(11,272)	(7,948)
activities
Change in cash and cash equivalents		in the
reporting period					103,399	131,585
Cash and cash equivalents	at the beginning		of		279,620	148,035
the reporting period
Cash and cash equivalents	at the end	ofthe
reporting period					383,019	279,620

					2022	2021
						I
Net income/(expenditure)		for the reporting		period (as per the statement	110,077	125,268
offinancial	activities)
Adjustments	for:
Depreciation (decrease) /	charges increase in creditors				7,077 ~2,483)	9,778 4,487
Net cash provided by (used in) operating			activities		114,671	139,533

STAFF CO	STS
The average	monthly number ofemployees	during	the year was as follows;
				2022	2021
Fundraising	and Temple activities			10	10
Governance	and Temple activities			4
				14	14

		Unrestricted
		funds
INCOME	AND ENDOWMENTS FROM
Donations	and legacies	532,728
Total		532,728
EXPENDITURE ON
Charitable	activities
General		407,460
Total		407,460
NET INCOME/(EXPENDITURE)		125,268
RECONCILiATION OF FUNDS
Total funds	brought forward	829,323
TOTAL FUNDS CARRIED FORWARD		954,591

TANGIBLE	FIXED ASSETS
		Freehold	Fixtures and
		property	fittings	Motor	Totals
				vehicles
COST
At I April 2021		679,454	39,048	35,512	754,014
Additions		5,854	5,418		11,272
At 31 March	2022	685,308	44,466	35,512	765,286
DEPRECIATION
At 1 April 2021		29,556	14,000	28,000	71,556
Charge for year		2,777	4,000	300	7,077
At 31 March	2022	32,333	18,000	28,300	78,633
NKT BOOK	VALUE
At 31 March	2022	652,975	26,466	7,212	686,653
At 31March	2021	649,898	25,048	7,512	682,458
CREDITORS: AMOUNTS FALLINC DUE WITHIN ONK			YEAR
				2022	2021
Accrued expenses				5,004	7,487
MOVEMENT IN FUNDS
				Net movement
			At 01.04.2021	in funds	At 31.03.2022
				I	f
Unrestricted	funds
General fund			954,591	110,077	1,064,668
TOTAL FUNDS			954,591	110,077	1,064,668
Net movement	in funds, included	in the above are as follows:
			Incoming	Resources	Movement in
			resources	expended	funds
Unrestricted	funds
General fund			485,046	374,969	110,077
TOTAL FUNDS			485,046	374,969	110,077

Compara	tives	for moveme	nt in funds
						Net movement
				At 01.04.2020		in funds	At 31.03.2021
					6	f
Unrestricted		Funds
General	fund				829,323	125,268	954,591
TOTAL	FUNDS				829,323	125,268	954,591
Comparative		net movement	in funds, included	in the above are as	follows:
					Incoming	Resources	Movement in
					resources	expended	funds
						6
Unrestricted		funds
General	fund				532,728	407,460	125,268
TOTAL	FUNDS				532,728	407,460	125,268

	FOR THE YKAR ENDED 31	MARCH 2022
		2022	2021
INCOME AND ENDOWMENTS
Donations and legacies
Donations		485,046	532,728
Total incoming resources
EXPENDITURE
Charitable activities
Welfare and wages to monks and	temple staff	22,597	26,330
Rates and water		3,720	5,185
Education and training		4,923	973
Light and heat		11,663	9,268
Telephone		1,619	1,521
Postage and stationery		345	7,875
Sundries		227	1,198
Food		7,906	8,502
Cleaning		840	1,304
Accountancy		2,880	2,987
Insurance		190	2,778
Travel		5,219	4, 193
Motor expenses		5,113	1,471
Repairs and maintenance		2,013	20,893
Ceremony expenses		1,129	753
Rent		4,800	4,800
Independent examination		1,124	1,500
Freehold property depreciation		2,777	2,778
Plant and machinery depreciation		300	3,000
Fixtures and tittings depreciation		4,000	4,000
Bank charges		1,270	1,105
Grants to institutions		284,581	284,440
Licences and legal		3,385	3,236
Office and general administrative	expenses	3,473	2,765
Other professional services		(1,125)	4,605
Total resources expended		374,969	407,460
Net income/(expenditure)		110,077	125,268