REGISTERED COMPANY NUMBER: 06431210 (England and Wales) REGISTERED CHARITY NUMBER: 1174069 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL.STATEMENT.S FOR THE YEAR ENDED 31 MARCH 2024 TroR DHAMMAKAYA NOR TH UNITF.D KINGDOM
DHAMMAKAYA NORTH UNITED KINGDOM CONTF.NTS OF THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of ihe Trusiees Ito6 Independent Examiner's Report Staiemeni of Financial Activities Balance Sheet Cash Flow Statemeni 10 Notes to the Clish Flow Staiement Notes to the Financial Staiemenls 12 10 15 Detailed Sraiemenl of Financial Aciivities 16
DHAMMAKAYA NORTH UNITED KINGDOM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trLlStees who are #Iso director5 of the charity for ihe purposes of Ihe Companies Act 21X)6, present their reill wilh the financial statement5 of the Lhariiy for the yedr ended 31 Mdrch 2024. The trustees hdve ddopied Ihe provisions of AccouTrtitJg Rewrting by Ch11¢5.. SidlemeTht ol. Recommended PracLice applicable to charitses preparing Iheir accounis in accoTdan¢e with the Financial Reporting Standard applicable in the UK 2nd Republic of Ire12nd IFRS 1021 (effective l January 20151. OBJECTtVES AND AcfIvITIES Objectives and aims. The PUryK)ses of the chariiy as sei oui in the governing documeni. memorandum. and articles of association. LS to advance the Buddhi.s1 Teligion ond in frtheran¢¢ of thi.% to prafftote meditation. The word "dhammakaya" has ihe following meaning.. "Dhamma refer5 10 the teaLhing of The Lord Buddha. "Kaya" refers to each per%on'8 Phy1¢] b(yJy ihai coniain.s enlighnMent. "Dhamma" and "kaya" are Buddhist ternis wriiien in the Pali language. An explanation of the following 18 given.. The charities aiffl is to advance the Buddhist rels8ion. This is done by holding ceremonies thdt iftclude monks giving Dhrfimma talkb mdinly to Promo peace and b*oodDes8 in sle(Y. In addiiion. meditaiioTh gives people a clear re5Led mind aimed at Spreading peace and goothiess through society. The Temple is open Lo the public every day lor cercmonies mediiaiion and iea¢hing 10 supponers. Many gf these are made available on Zoom and Facebook Itve. There are a few 5ignifJL&n( <iLtivilies underiaken on Buddhist special day%. These include using the green OUi%id¢ Ihe Newcasile Temple for a food offeiiRg to the monks and lor a parade with music. s¢tr<I1 hundreLI people have attended the cerettjony that itkcluded a fi)od fe%lival. The%e have included n)any people from the ILKa] community of several religL0115 traditions not jusi Buddhist. Th¢ temple orgdni%ed some significant activities suLh ds Mdkha Bucha day, Vesak day. Vassa day, that w¢re also (In Zoom and Facebook. There are a signifJcan( nurnber of vi¥itors fr()m the Thai comtnunily. However. Makha Bllcha aThd Vesak day continued to include a ¥¢T¢nlOMy in English. meditaiion, and lightin8 of candle¥ when most visitors were non-Thai froTn the local communiry. The short-iemi aims are to maintain relationship with present membEfS and reguikr meditators. The long-temj aims are to creat¢ a tnodel Buddhisi Temple that Can be used as a blueprint for future Temple5 to follow. The Newca%tle Temple has been designed d mudel Buddh2$1 Temple ihai will plea%c both Asian and Europeatt people. Thus. all visiior% should feel dt ease and appreciate the bereniiy and calm atmosphe. Si%nificAnt activities The main aciiviiie% undertaken in relaiioD 10 the purpose% ofihe charity are as follows.. Newcasile Temple a¢iivities The Temple is open lo ihe public 365 day% a year. EaLh d£ly supponer% fi)ay frollow actiVLtits On ZLX)In and Facebook live. Monks, T¥mplL'S Staff. and visitor% p8rti¢ipat¢ in morning and evening Chanting followed by editatiOn. Vitsiturs are made welcotne al breakfasi 2nd lunch Lhat are followed with a blessing by the Monk.%. The main Leremony 1.% held on the first Sunddy of the month. Annual ceremonies iire held for Kathina. Makha BuLha day, Vesak day and othei Bud(Shi%l %pecial days with invitations made to the local community. Meditaiion cla%se% are held each wttk on Tuesday. Thu15d(iy and Sunday. There is a well-mainia2ned dortnitury #nd washing facilities Ihat are well used. There are ld cai parking facilitie5 aTrd green in front of the Temple thal is available for ceremonies. Monk4 visited out%ide organisaiions to demc)nstsate meditation. The%e include sch(x)Is. public and privaie or8anisations. Page I
DHAMMAKA YA NORTH UNITED KINGDOM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJECTtVES AND ACTIVITIES Public benefit Public bcnefii is ai the heart of what it means Lo be a charily. Two key principles define th25 a.- l. There musi be identifiable benefits. 2. The benefits must be to the publiL. The tnisiees musi carry Qui the following.. l. Review thc activities undertaken for the public benefit. 2. Sidle wheiher ihey have coinplied wilh ihis duty. The main aciivities undertaken to further ihe chariiies purpos¢s for the public benefit are as follow5.. TeTnple al NewckTrsile i.% upen 365 dlY.4 of ihe yedr with a]1 vigitors given a warni wel¢orne. The monks perform morning and evening chaniing lollowed by mediiaiion. A tnonthly ceremony is held during the earl). hours of the firsi Sunday of every Enonth. This finishes aiyjui lunch ume and aiiractq appniximaiely 20 visitor%. The Ceremony is Conducied in Thai and Englibh. Our method of rnediiaiion is $2tnple and non-in(rusive, suiiable for peThons of any faiih. Each week meditation clabse& are held on Tuesday, Thursday. and Sunday. The Trusiees have reviewed the aciivitieq undertaken for the public benefit and confirm Iheir Compliance with this duly. Volunteers When it 1% possable. volunteers vi%it the Temple at Newc&%ile every day of ihe year to cook food. offer fotxi to monks. help with cleaning and r¢novdtion, and help wilh ceFemonies. Volunteers give many hour% of their time each week (irtd i)ver the year four volunteers helped with cooking. In addition. a further five volunteers helped the Temple. The Trusiees would like to ihank the volunteers Itir Iheir hard work. There were four voluDieers. New meditation hall building project. The plartning appIlL1t10n process 15 LoHlinuing. Our Temple building at Newc&sLle %ignilicani histt>ry Ih<ti requires careful plunning. Our appliLation design includes ihe use of dr¢hite¢tural glass ihai is %ympatheiic to the ¢xi&ling building. The aim is to add to the overall building bringing b(ith reception and meditation areo filled with naiurnl light for benefil 10 the Community. Page 2
DHAMMAKA YA NORTH UNITED KINGDOM RF.PORT OF THE TRUSTEES FOR THE YEAR ENDED JI MARCH 2024 ACHIEVEMENT AND PERFORMANCE Charitable actiThities The Newcasile Teniple aciivitie% during ihe year included the following.. The Temple is open to the public 365 days of ihe year. Each day sians with morning chanting and tneditdtion that i5 followed by £1 fo1 offering to the tnonk%. breakfd%t, and a blessing frorn th¢ monks. Members of th¢ publie 8r¢ given a warni welcome and inviied to join Temple's staff and Yolunieers lor breakfast. Lunch include.% a food offering lo the motlks. Members of the public are welcome 10 attend and have lunch thai is followed by a ble4%ing frotn Iht IMvnks. Evening chaniing cake% place that 1% fullow¢d by meditation. The public are welcome to aiiend. Th¢ bl¢sliings from the monks are chanted in (he iradiiional Pali Buddhi.%i language. Buddhi%t Special day5 are eelebiuied where visitors receive a ble%sing from ihe monks and food is provided free or chJrgL. Meditaiitsn classe% are held on Tuesday. Thursday. and Sunday. Thelie aiirdcl approximaiely 31 participants ¢very week. The Iirgi %unday ot. Ihe month Leremony durin8 the early hours llnd finilihe% #t lunch time. Thi¥ atirucl appTOXLtniitely 211 people wilh ihe dorniiiory u.%ed. Regulur events. were held ai the Teivpl¢ tnLluding'. Eveni TuL%Ll#y Inediialion cla%%e% Thur%duy mcdilutiiin Llae% Sllnduy ccreni()ny Suiiday medildlion ¥la%s¢5 Magha Puchil Duy Vi%ak Day S£iily DhdJnii)4L T(ilk (Online) Ddily F(i()d Offerinb Kaihinil Ceremony New YLar Relreut Viqil School I S¢hni)I vi$its18 - 12 limes each ye) Punicipanis 10 10 40U vi115 by Monk8, Temple.%taff and Valunteers were mude lo Edinburgh, Carli4le. Doncaster. York, Banbury, London, Mcin¢he%ier, Prudhu¢, Whiiehdven, Ncwca%tle, Tyne and Wear and iii carry our ceremonies wilh m¢ditation. Each ev¢ni was aiiended by an average 10 participani¥. FINANCIAL Rfv.VIF.W Flnancial posltion Di)naiii)n income tell £IO,(MK> short of expenditure with the equivalent decrease in bank balance8. The TTU%tee% would like lo thunk ull those thai donutcd. Page 3
DHAMMAKAY A NORTH UNITED KINGDOM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Reservv& policy The Trustees have reviewed reserves as follows.. The amounts are rounded for clarity. The maintain a financial cushion, Ihe charity will keep ihree months average expenditure in res¢rve. This amounts to £48,IXJO ihAI will be kepi in Ihe bank Lurreni acLouni to cover points when the day-l04ay titning of expenditure is ahead of income io prevent the account going overdrawn. The atmounl commilled in case repairs and maintenance are needed 10 our old chuith buildin8 i& £60.0(X) and for repla¢¢menl of moior vehicle is £20,(X)O. Further detail.% ol reserve% ai 31 sl March 2024.. Exclude from Re%erves T()i&l funds T£inyible fixed n()i available r()r Bener£il purp()Ne4. C()iiiiniiied if emerbiency repdir% are needed li) Ihe i)lJ churLh buildin8 and li)r rLplacemLni i)f mot()r Ychicle. C(Imiiiillvd f(?r L(?n%iruLlion ol new medit¢Ltion hull buil¢Jin8 and ¢Jormiii)ry in the ¢xililinbT buildinb. 1.096.IKK) 697.OlX) 60.IMXI 20,IXKI 270,IXXI 11,048.IM)(11 Actuyl reserve% 000 Amnuni requir¢d by the reserves policy Exce%5 £NII STRUCTURE. GOVF.RNANCF. AND MANAGEMENT Governln% dMeI 'rhe Lhdriiy 1.% ¢iiiiirolled by its goveming d()CUTnerhi. a deed of tru%[, and con41iLuie% d limitrd Lompiiny. limii¢d by guarantee. defined hy the Compdnie% ALI 21MI6. The governing do¢umeni is The Memorandum and Anicles of Association. This is a compdny limiied by YUantee and niii having a share capital. The goveming dUMent was registered ai Companies Hiiuse on 19th November 2(M)7. During July 2017 the name of th¢ company wu% changed to Dhamtnakdya North Uniied Kingdoill. Amended Memorandum and Article% of As50Ci2tion were filed ai Compani¢s House on 3181 July 2017. The name change belter de%crib&E ihe geographical area of charitable nperalion5. The Metnorandum and Ariicle.% (Trf Ass(Kiation better de%¢ribe Ihe chariiable aciivitie5. Rttruitment and appolnlment of new truslees New trusLees are choscn fur their 4kill4, re%peLt of Buddhi8tn and 5ui(abiliiy io work as a member of the team of tru.siees. Page 4
DHAMMAKAYA NORTH UNITED KINGDOM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Org4nis8tion&l structure The Trustees wilh the tille 'Phra" in iheir name are Buddhist monk5. Usually. monks ordain after graduaiion from university and having gained work experience. They ihus t)os%css good organisaiional skills in mdnaging iemple praperry. Temple activities Monks and Temple staff consult daily to mllke things rnn efficiently. Inductlon and training of new ¢rnstees The chilY Cainmi%%ion PubliLdliun "The E5&ential Trusiee.. what you ne¢d to know, what yuu need 10 ¢Jo" has been %unin)drised inli) both EtLyli%h and Thai. This has been read by all Trusiee.% and discus%ion5 held bctween the Tru8tee8 10 reinfurLe under%latLding of ihe main paini%. The %ummary dUMent will be given ti) all n¢w Trn%iees with diqcu88ionq being held between ihe new smd exisiing TTu%lees. Wlder network The bTr()up i)I' UK dnd Europe-wid¢ Temple% meet every three Innnih%. Th¢ meelinby jtILlude% deci%ion makin&i nv¢r the purLhdK ol'buildings for n¢w Templeli Kind ugreLmeni i)fthL lush Ilows lor the Global Buddhi¥i Network %Ji¢llite ¢hunnel. Related partie8 The Dhdniiiiakdya Foundation in Thuiland has u large modern BuLldhi%i Temple in Bangkok. Monk$ and Templ¢ 4t&Lfr Ilcnd Iraining ai Ihi% fJ¢ility befi)rL' j(iining Icmpl¢4 in the UK. The Glabal Buddhi41 Neiwork GBN %aielliic Lh&innel 24-hoiir daily broadca%¢ 1% prcpared Irom d Temple in Ihc USA. Dhamniakaya Norih United Kin8d4)In d()¥4 nui makL any paymenl lo Dhainniakaya F(Trundaliiin l()r ihe CIBN %dlellilc chunnel Li)nicnl. The Dhummakayd Troundalion in Thailand have n()1 given any money ta l or reLeived any money from DhamiakyQ North United Kin8doiM, Dhanimakayu Ni)rth United Kingd()m. N¢wLd%ilc TviiiplL. DNUK. Dhiiinmakaya IiilertLati()nul s(le¢Y of the Uniied Kingdom. London Tcmplc. DISUK. Dhdnimak2& yd Europe IntLrnali(In:Il. MAnche%lerTtrrt)ple. DEI and MLdi14Liiiin CLnirn' GI158{7w. .SLI)Ildnd TLmple. MCG. The IruslL•e% of DNUK or¢ also iru%iee8 of DEI und DISUK. Three tnJstee$ ol. DNUK are ulso Iru41ee8 ol. MCG. Payment% ()f £4.294 were made i() Wai Buddha Heilbr()n Temple toward% buying the Temple building. Puymenls 01. £540 were made t() W#¢ Dha1maky11 BavJfld TLniple. Paymcnl¥ umounting to £9,579 were made to DISUK toward% Ihe Buddhist ManUripl re%earch projeci ond E U Property fund%. Pdyn)enis amounting 10 £2.(XK) were made 10 DEI. PaymetLl¥ amouniin&7 10 £1.(KKI were mdde i() MCC,. Payments amotsniing lo £ l.OtX) were made l() DISUK. Th¢ above was disclosed in £18,413 grant4 LO insiiiulions. Page 5
DHAMMAKAYA NORTH UNITED KINGDOM REPORT OF THE TRUSTEES FOR THE YEAR ENDF.D 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS ReRistered Company number 064.11210 (Engliind and Wdlesl Registered Charity number 1174U69 Re%lstered omee Dhammdkayd Meditation Centre ChurLh Street Hebburn NewL&8tle Ni)nhumlYrlaDd NEII IDR Trustees Mr T Chiivichednkul Phrll P Choompolpdisal Phrd N Thdni%4driTr Phra W TreLnei Phr4L V Vingvorn Sole Trader Minisier ol. Teligi(Trn Mini%ler ()I' ReliBlUn Mini4ler ol. Relibyiun Mini4ter ot. Religion Compgny Secretary PhrJ K Sripramiiie IDdependent examlner Mr Anthnny D'Amaio ACCO1&ll Br¢nlwood Aecouniing and Tax This rerA)rt has been prepar¢d in accordance wilh ihe special provi%ions of Part 15 of the Companie5 ALt 21Xlfj reldling to small ¢onipanies. Approved by order of the board of truS¢S on 51h June 2024 and 8igned on 118 behalf by.. Phrd P Choumpolpaiqal- Trnstee Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DHAMMAKA YA NORTH UNITED KINGDOM Independent examiBer's report to the trnstees of Dhammakaya North United Kingdom I'the Company'l I report 10 the charity trllstee% on my examination of the accounts ot the Company for the year ended 31 March 2024. Responsibilities and bgsis of report As the Lhutily's Irusiees of ihe Company larÈd al%0 its directors for the purposes of company law) you are reEponsible for the prep<ir&lion of ihe aLcounts in 8ccordaJce with the requirement& of the Companie% Act 20061.the 20(kS Act'l. Having sa(i%fied myself that the accounts of the Company are not required to be audiied under Pan 16 of the 2[ Atl and die eligible for independeDi examination. I report in it5cl ol my examination af your charity's accounts S carried out under seciion 145 of the Charities Act 2011 I'ihe 2UI l Aci'l. In carrying my examinatioTh I have followed ihe Directions given by (he Charity Cominission under 5eLti()n 145151 Ibl of the 2011 Act. Independent examiner's Statement I have completed my examinaiion. I confir¥n that no tnatters have come io my aiiention in connection with ihe examination giving me cause io believe.. accouniing reLords were not kepi in respect of the CotnpaThy as required by section 386 of the 21K)6 Act: or the ac¢ountE do noi accord with those iecord5: or the account do not comply with the accounting requiremenLs of section 396 of the 21X)6 Aci other than any requirement that ihe accounts give a irue and fair view which is noi a tnatter considered a5 part oran independeni examinaiion-, or the accoun15 have not been prepared in accordance with the methods and principles of the Staiemeni of Recojnmended Practice for accouniing and reporting by Lhatiiies lappli¢£ible 10 LharitÉes preparing their accounts in a¢¢ordance wilh the Financial Reporting Siandaid dpplic3ble in the UK and Republic of Irelatmj IFRS 10211. I have no concerns and have come acr08s no other matter5 ill connection wilh the examination to which atientioTr should be drawn in this repon 10 enable a proper understanding ofthe a¢¢ounis to bc reached. n?fjAL Mr Anthony D'Arnato Page 7
DHAMMAKAYA NORTH UNITED KGDOm STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED JI MARCH 2024 2024 Unresiricted funds 2023 Total funds NotCS INCOME AND ENDOWMENTS FROM Donationq and legacies Bank interest received 174.493 5.867 214.8$0 449 Totsl 180.360 215.299 EXPENDITURE ON Charitable activities General 190.363 174.(Y)6 NET INCOMFJIEXPENDITUREI (10,(K)31 41.233 RECONCILIA TION OF FUNDS Total funds brt)ught forward 1.105,901 1,064.668 TOTAL FUNDS CARRIED FORWARD 1.095,898 1,105.901 The notes form part of these finaneial statemenis Pdge 8
DHAMMAKAYA NORTH UNITED KINGDOM BALANCE SHEET AT 31 MARCH 2024 2024 Unrestricted funds 2023 Total funds Noi&s FIXED ASSETS Tangible asset 696,939 698.711 CURRENT ASSEIS Cash ai bank and in hand 404.689 414.010 CREDITORS Amounts falling due within one year 15.730) 16.8201 NET CURRENT ASSETS 398.959 407,190 TOTAL ASSETS LESS CURRENT LIABILITILS 1.095.898 1,105.901 NET ASSETS 1,095,898 1.105.901 FUNDS Unrestricted fund8 1.095,898 1.105.901 TOTAL FUNDS I,U95,898 1.105,901 The charitable COTnwdny is entitled to exemption from audil under Section 4Y7 of the Companies Act 2006 for ¢he year ended 31 March 2024. The metnbers have noi Tequired the Lompany to obtain an audil vf irs financidi Statemen for the year ended 31 March 2024 in accordance with Seciion 476 of the Compani¢s Act 21M)6. The iru%tees acknowledgc their responsibilitieE for lal ensuring ihai the ChlIable cojnpdtly keeps accounting records thai comply with Seciions 386 and 387 of the Companies ALI 2(XJ6 and preparing tinancial siaiemen15 which give a true and fair view of the siaie of affair5 of ihe charitable company a5 al the end of eiCh linancial year and of It surplus or defscit lor each financial year in accord&ince wilh the requirements of SeLtions 394 and .195 and which ()therwi.%e coFnply with the requiremenLS of the Companies Aci 2006 relating iu finanLl411 s(Jiements, so <i% iipplicable to the ¢haritable comparty. {bl These financial ¥13iemenis have been prepared in accordance with the special provi5Lons ol. Part 15 of the Companies Act 21M)6 relating i() chariiable smdll ¢omp2nies. The flnancial siaterneThts were approved by the Board of Trus5 on 5 June 2024 and We signed on its behalf by.. PuthGfp Phra P Choompolpai4&1-Trustee The notes forni part of these financial siatetnents Page 9
DHAMMAKAYA NORTH UNITED KINGDOM CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash nows from operntlDg ¥tivitie5: Cash generated from operaiions 4,0151 50,126 Net (ash provided by (used inl operatillg aetiviti& (4,015) 50,126 Cash tIows from investing actlvities: Purcha%e ot tangible fixed as%ets 15.3061 119.1351 Net cash provided by (used inl investing aetivities 15,306} 119,1351 Change in cash and cash equivalents in the reporting period 19,321} 30,991 Cash and egsh equivalents at the beginning of the reporting period 414.010 383.019 Cash and cash equivalents at the end of the reporting period 404,689 414,010 The notes fonn part of these financial siaremet%i% Page 10
DHAMMAKA YA NORTH UNITF.D KINGDOM NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET INCOMFJIEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net Ineomellexpenditurel for the reporting perlod l¥s per the ststement of financial activities) Adjustments for: DepreLiatioii chg¢S Idecreasel l increase in creditors 110.W31 7.078 1.0901 7.077 1.81 Net eysh provlded by (used In) operating aclivi¢le5 4.1115) 50,126 Pagell
DHAMMAKAYA NORTH UNITED KINGDOM NOTLS TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basls of prepArlng the financial slatemenLs The fin£inLial %iaiemLni% ol. Ihe chariiable company, which 15 a public benefit eJhtity UDder FRS 102. hav¢ been prepared in accordance wi(h the Charitie8 SORP IFRS 1021 'AccnuThiing aiid Reponing by Charitie4.' Sidtement of Recommended PraciiLe applicable (o charities preporing their dLcounls Iti dLLI)rddtiLe wilh the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 leffe¢tive l 20151,. Finaneial Reporting Siandard 102 The Financial Reponing SiandaTd applicdble in the UK and Republic of Irel¥nd' and the Companies Aci 2006. The financldl 5taiemetLiS h7Ve been prepared under ihe hi.%iorical cos1 eonweniion. Income All inL()me is recognised in the Siaiemeni of Financial Acciviiie% OThLe ihe Lh¥rily ¢niitl¢m¢nt lo the funds. li is probable thai the income will be received. ihe amount can be measured relillbly. F.xpenditure Liabilitie% are reLogni4ed expendilure %oon a% Ihere 1.% a legal or Li)nsiructive ot)ligaiinp cnmjniiting lh¢ charily to Ihdl exndItUre. il ]% probable thai a trun%fer i)r economiL beneliii will he requI.d in %ettleinent and the amount uf ihe Iibliguiion cun hL measurcd rLlidbly. ExpLndiiuTe is uc¢ounicd for an a¢¢ruals bu%is llnd ha been cld%%iliLd undLr hLdding¥ ihdl dggrcgidd t¥ dll ¢041 relai¢d lo the ¢ulegury. Where cnnl be direLIIy diiribuied IL) %peLili¢ hcydings. they hav¢ beeii allLKaied lu aLtivili¥N on u bd%lN Lonsi%ieiii with Ihe u4L' i)I're41)urces. Grants offered %ubjeci 10 condiiiDn% which have noi been mei ai the yeaTend dale are nol¢d a5 a Lommitment but nt>i aLcrued a% exp¢nditure. TanRlble flxed assets D¢pre¢iation 1% pr()vided al the following unnuol rates to write ol'f each a$set over itg esiimu¢ed useful life. Freehold property Fixturei dnd liiiings M()ior vehicles - over 50 years over.5 t() 1.5 yeur% - over S yeur Tlxatlon ThL Lhdrily i4 exempt from eorporJ¢ion (ux on its charitable activili¢s. Fund mecountln Unre%lriLILd I'utLd4 can be used in aecorddnce with the charilable tsbje¢tives at the di%creiion of Ihe iru51ees. Restricted funds can only be us¢d for re&trieted purposes within the objecili of the charity. Resiriction$ ari%e when pcLiI'ied by the donor or when fund% ure rAi8ed for re8lricted purposes. Further ¢xplJna(ion of ihe nature and purpose of eaeh fund 1% inLluded in the notes Lo the finaneiul siaiemenls. Foreign currencles Monel£2ry and liabilitie¥ in I'nreign currencie% are tran%laied ini() ¥ierling ai ihe rale% Df exchange ruling ai Ihe balJnce Sheei dale. TrdnliaLiion% in foreign Lurrencie5 are trankldieL1 inio sierling al the rate rulinB on the date of the tran%aLtion. ExchanBe dil'lerence% are con%idercd in arriving dl nei income or ¢xpenditurc. NET INC'OMTrJIEXPFNDITURE) Net incomellexpendirurel i.% %iated after char8in81{Lrediling): 2024 2023 Depreciation - owned asqeis 7,0711 7.077 Page 12
DHAMMAKA YA NORTH UNITED KINGDOM NOTES TO THE FINANCIAL STATEMENTS . CONTINUED FOR THF. YEAR ENDED 31 MARCH 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no irusiees, remuneraiion or other benefiis for the year ended 31 March 2024 nor for the yeaT ended 31 Mdrch 2023. Trustee5' txpen Thcre were no Irusiees, expenses paid for the year ¢rtded 31 March 2024 noT for the year ellded 31 March 21123. STAFF COSTS The averoge monthly number of employees duTing Ihe year wos a% follows.. 2024 2023 12 Fundraisin¥ and Temple ¢[IvIlI¢S Governance and Temple activitie8 16 No employees Teceived emolum¢nls more than £6(l.U(Xl. Monk% live log¢¢h¢r in ¥ communiiy of monks ai the Temple with #CLomm()daiion. IiK)d ld irnvel cosis provided by thc T¢mple. Ternple %lall' Hre religinus worker8 and live tng¢Lher wiihin a communiiy with accommod4Ltion. food and irayel c(Js14 pri)vided hy the Templc. The Naiinndl Mininium Wage ALt 1998 Seciion 44A doe% nol apply l() the LircumliianLe% aErf)ve. Each monk or reliBiaUS worker receive8 either £1511 or £2(K) C4L¢h month to us%i%i wilh certain per80nal item5. COMPARA TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unr¢stricted I'Linds INCOME AND bNDOWMF.NT¢> FROM Don4LtioThs und le¥uLie 215.299 Tot41 215.299 F.XPENDITURE ON ChArltable #ctlvltll General 174.1)66 Total 174.IK)6 NET INCOMFJIEXPENDITURE} RECONCILIA TION OF FUNDS Tottsl hroiight fnTWATd l.a64.A6R TOTAL FUNDS CARRIED TrORWARD 1.105,901 Page 13
DHAMMAKA YA NORTH UNITED KINGDOM NOTES TO THE FINANCIAL STA TEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 TANGIBLE FIXED ASSETS Freehold property Fixiures and rittings Mot()r vehicles Toial% Ai l April 2023 Addition5 687,108 3.180 61,801 2,126 35.512 784.421 5.3IK) Ai 31 March 2024 690.288 789.727 DEPRF.CIATION Ai l April 202.3 Charge for year 35.110 2.778 22.IKK> 28.61K) 300 85,710 7,078 Ai I l March 2024 37.888 26.0(X) 28.9(Ml 92.788 NET BOOK VALUE Ai 31 March 2024 6.52.400 6,612 6Y6,Y39 At 31 MarLh 2023 651,998 39.11111 6.912 6914.711 CRFDITORS: AMOUNTS FALLINCJ DUF. WITHIN C)NF. YF.AR 2024 2023 Accrued ¢xpens¢s 5,730 6.B20 MOVEMENT IN FUNDS Nei movement in fund% Ai 31.03.2024 At 01.04.2023 Unrestrlrled funds General fund 1,105,901 I10,(K)31 1.09.5.898 TOTAL FUNDS 1,105,9111 10.IK).31 1.(195,898 Net movemeni in fund8. L Thcluded in the above are as follows.. Incomill8 re%ourLes RL5uurces expended Movemenl in Unrestricted funds Generlil I'und 180.360 190.363 I10.IX)31 TOTAL FUNDS 180.36U IYU.303 IV.IK)31 Page 14
DHAMMAKA Y A NORTH UNITED KGDOm NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENf IN FUNDS- contlnued Compgratlves for movement In funds Nei movement in funds Ai 31.03.2023 AI 01.04.2022 Unrestricted FuDds General fund 1.064.668 41,233 l. InS.901 TOTAL FUNDS 1.064.668 41.233 1.10.5.90] Comp4Lrative Del movem¢nt in fLtnd$. ineluded in the above are follows: Incoming Tesour¢¢s Re%ources ¢XFxnded MoveEncnl In funds Unr&%trlcted funds Generul I'uiid 215.299 174.066 41,233 TOTAL FUNDS 215,299 174.066 The Dhajnmakaya FoundutiTrn in Thaildnd Idr8e m(Klern Buddhi%1 Temple in Banyki)k. M()nk8 and Teinple g¢afl' aticnd trJnIng u¢ thi4 fd¢iliiy bef()rc j()ininb tLmpleli in the UK. The Gli)bul Buddhi.41 Neiw()rk GBN %aielliiL chonnel 24-hnur daily braJdL4%1 is prepurcd Irorn u Tetnple in Ihe USA. Dh£immdkayd Nonh Uniicd Kinydoin doc% noi mdke any paymeni io Dhdmnidkdya F()unddli()n l()r the GBN %£iiellilL Lhannel L()nieni. Thc Dhummakuyu P()undution in Thuilund hAwe noi given uny moThey lo l or reLeived dny mun¥y fn)m Dhammukay North Uniied Kingd(Trm. Dhammakllya North United Kingdom. Newcastle Temple. DNUK. Dhainmukayd Iniernaiionul StietY of ihe United Kingdoin. L()ndon Teinple. DISUK. Dhammukayu Europe InrnlIonl. Manch¢tsterTemple. DEI dnd Medilu(iun Cenire Gl&%8ow. S¢(iildnd Teniple. MCG. The Irustecs Of DNUK ¥r¢ also trustees ol. DEI and DISUK. Threc tru%lces ol. DNUK Te al%() Iru4i¢e4 uf MCG. Paymenls of £4.294 were m4MJe [() Wai Buddha Heilbron Tetllplc lowurds buying Ihe Temple building. Paymenis of £540 were mllde ia Wai Dh£imniakayd Bavaria Temple. Paymenis amounting to £9.579 were made 10 D15UK luwdrd4 Ihc Buddhi%1 manu¥cripi reSeah prujeci and E U Pr()peny fuiids. Payinent% JmoutLlinbT io £? w¢re Made l(? DEI. Pllymen14 ainounting tc> LI.1() were m&ide ID MCG. Paymenis amounting to £l.(MK) were made 10 DISUK. The above was dI108¢d in £18,413 granis to insiitutions. DNUK has noi seni any money to the main Temple in Thoiland. Page 15
DHAMMAKAYA NORTH UNITED KINGDOM DETAILED STATEMENT OF FINANCIAL ACTtVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Donatio[ #nd legaties Donation Gifi aid receipts Dh&tELmdkaya Europe Iniernationai reimbursement Bank InreSI received 174.493 189.467 8.42 16.957 449 5.867 Total iDeoming resources 180,360 215.299 EXPENDITURE Charitable a¢¢itIeS Wclfare and wage5 to monks and Mple sraff Rates (iRd waier Edllcalion and training Lighi dnd heat Telephone Po.%tage and stationery Sundries Food Cleaning Accountancy InsuTan¢e Travel Mot(Ir expenses Repdifs (Ind mainienance Ceremony expenses Rent Itjdependeni examination Freehold pioperty depreciation Plant and machinery depreciation Fixtures and fjltings dcprc¢iation Bank char¥es Grani% lo institutions Licences and legdl Office and general adininistrative expenses Oiher prof¢5sional serviLes 28.960 4.¥90 7,991 39.786 2.802 228 1,785 10.507 20.917 3.856 9.QQ5 18..141 1.368 392 565 8,353 1,1)98 3.597 885 19,654 6.91K) 17,563 2.800 0,150 1,062 2.777 300 3,987 308 16.416 6.900 24,745 6.65Q 1,062 2,778 300 283 18.413 802 3,154 2.386 Ixg 4.917 2.925 1.145 Total resourees expended 190.363 174.(h6 Nel incomellexpenditurel (lo.3) 41.233 Thi% page doeb noi fomi part of the siaiuiory financial staiemenLS Page 16