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2022-03-31-accounts

Angulimala

The Buddhist Prison Chaplaincy

Trustees Annual Report and Financial Statements For the year ended 31[st] March 2022

Registered Charity No: 1174475

Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Contents page

Page
Reference and Administrative details 2
Trustees Report and Strategic Review 3 – 9
Independent Examiner’s Report to the Trustees 10
Financial Statements
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 – 19

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Reference and Administrative details

Registered charity number 1174475 Scottish Registered charity number SC051174

Principle Address

The Forest Hermitage Lower Fulbrook Warwickshire CV35 8AS

Bankers

CAF Bank Ltd 25 Kings Hill West Malling Kent ME19 4JQ

Independent Examiner

Ruth Bamford FCA DChA Balanced Accountancy Ltd The Dairy, Flexcombe Lane Liss, Hampshire, GU33 6LH

Trustees

Venerable Khemadhammo Mahathera O.B.E. Dr. Nigel Francis Northcott (resigned 27[th] November 2021) Rev. David Houn Saido Kennaway Mr. Dominic Clark Ms. Jennifer Lichfield (resigned 12[th] July 2021)

Spiritual Director

Venerable Khemadhammo Mahathera O.B.E.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Trustees’ Report and Strategic Review

The Board of Trustees present their report and financial statements for the year ended 31 March 2022. These comply with current statutory requirements, the charity’s constitution, and Statement of Recommended Practice – Accounting and Reporting by Charities: SORP applicable to charities preparing accounts under FRS102.

Structure, governance, and management

Governing document

The Principal Deed, adopted on 22 July 2017, as amended at a general meeting of the Members on 1 September 2018, is the governing document of Angulimala, the Buddhist Prison Chaplaincy. The objects of the charity are as follows:

To make available facilities for the teaching and practice of Buddhism in HM Prisons and other places of lawful detention or custody. Specifically:

i) To recruit and advise a team of Buddhist visiting chaplains to be available as soon as there is a call for their services;

ii) To act in an advisory capacity, and to liaise with Ministry of Justice chaplaincy officials, with individual chaplains within HM Prisons, and with any other relevant bodies or officials;

iii) To provide an aftercare and advisory service for prisoners after release.

The Constitution was amended on 1 September 2018 when the following clause was added to allow the charity to register with the Scottish Charity Regulator:

Nothing in this Constitution shall authorise an application of the property of the CIO for purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 or section 2 of the Charities Act (Northern Ireland) 2008.

Organisation and structure

Angulimala, The Buddhist Prison Chaplaincy (Angulimala) is a Charitable Incorporated Organisation (CIO) governed by its constitution. Membership is open to all Buddhists who are prepared to further the purposes of the CIO.

Spiritual Director

The Trustees invites and appoints a suitably qualified adherent of Buddhism to be the Spiritual Director of the CIO.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Trustees’ Report and Strategic Review (Continued)

Appointment of Trustees

The Trustees are appointed by the voting members (who must be appointed Buddhist prison chaplains). This usually takes place at the Annual General Meeting open to all members. The Board of trustees may appoint a trustee between AGMs, but then they must stand to be appointed by the voting members at the next AGM. This year two trustees retired, Ms. Jennifer Lichfield and Dr. Nigel Northcott. We would like to express our gratitude for their period of service as trustees.

The Organisation’s Management

Angulimala is governed by the charity trustees consisting of not less than three and not exceeding eleven Members of Angulimala as may be elected at the Annual General Meeting and includes one ex-officio trustee: The Spiritual Director.

At present the organisation does not hold any land or own a permanent administrative centre. The organisation functions with the voluntary support of its experienced members.

Induction and Training of Trustees

The trustees are elected from a pool of active working Buddhist Chaplains. Because they are active within HMPPS, they will already have been security vetted to quite a high standard and they will also be familiar with the way the Angulimala organisation works through attending the quarterly workshops. Explanation is given to new trustees, who have access to minutes of previous meetings and a copy of the Constitution. They are aware of the extensive Charity Commission Guidance and are kept up to date with the current Information.

Objectives and activities

The objects of the Charity, according to its constitution, are to make available facilities for the teaching and practice of Buddhism in Her Majesty’s Prisons and other places of lawful detention or custody. Specifically:

i) To recruit and advise a team of Buddhist visiting chaplains to be available as soon as there is a call for their services;

ii) To act in an advisory capacity, and to liaise with Ministry of Justice chaplaincy officials, with individual chaplains within HM Prisons, and with any other relevant bodies or officials;

iii) To provide an aftercare and advisory service for prisoners after release.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Trustees’ Report and Strategic Review (Continued)

The chaplains’ purpose is:

They are qualified:

They are accountable to the Spiritual Director of Angulimala and for duties required by the Prison Act. They are responsible for Pastoral care of inmates and staff, including those who are already Buddhists as well as those who are inquiring or just beginning to explore an interest in Buddhism, for Individual and group instruction in the theory and practice of Buddhism and guidance with reading matter and making available Buddhist literature. They may also contribute to reports on Buddhist inmates, for example parole reports. Attendance is required of at least two of Angulimala’s quarterly training workshops each year for the first three years and then at least one a year thereafter. They are re-licensed yearly to maintain their endorsement by the Spiritual Director and they are all members of Angulimala.

Summary of the main activities undertaken and achievements

During the year we have again like last year, lost some chaplains who resigned because of ageing or pressure of their other work. Angulimala had 40 chaplains at the end of this financial year. There were nineteen nominations over the year to HMP Winchester, Northumberland, Onley, Parc, Maidstone, Littlehey, Warren Hill/Hollesley Bay, Lewes, Sudbury, Bristol, Rochester, Lowdham Grange, Exeter, Doncaster, Risley, Bristol, Askham Grange, Winchester (again), Dovegate and to the Immigration Removal Centre at Morton Hall. It can take a long time for clearance to happen and in the meantime, people can withdraw from the process. Some nominations are needed to replace retired chaplains and reorganize allocation to the prisons. We continued to be responsible for a Buddhist presence in 95 of the 123 prisons in England and Wales and in addition to two of the special high security mental health hospitals as other places of lawful detention or custody.

Throughout this year from 7[th] April onwards, the Spiritual Director of Angulimala has continued to produce a weekly publication called Buddhist News and Musings. This was distributed by email to all the Prison Chaplaincy’s who printed it and distributed it to their Buddhist prisoners. It has been much appreciated by prisoners and continued to help them through difficult times.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Trustees’ Report and Strategic Review (Continued)

Things have eased up in a number of prisons over the year with groups starting up again, but this has been a very unpredictable and inconsistent situation. There were new Covid outbreaks at different times in different establishments and regimes and restrictions were continuously in a state of flux, so a number of the Buddhist chaplains have continued to visit prisons and talked to prisoners through the cell door or met them when confined to the wing. In a few places it was possible to talk to people using the prison internal phone to their cell and there has been a weekly online meeting arranged by one of the prisons.

Angulimala maintains a helpful website that explains its purpose and activities, as well as giving a way for people to start the process of becoming a chaplain. There is also a Facebook page with over a thousand followers. There is a helpful video there that could help with recruitment.

https://angulimala.org.uk/ https://www.facebook.com/angulimala.buddhistprisonchaplaincy

During this period there have been the usual quarterly workshops where the chaplains have been assisted in making their Buddhist contribution within the prison system and been kept up to date on a variety of issues relating to their sessional work. Because of the Covid situation and travelling in the colder times of the year three of them have been held online using Zoom. The September meeting was held in person outside in a marquee together with several people joining in online for the day. The workshops have been well attended with just under 30 chaplains on two of the Zoom meetings.

The Spiritual Director was a long-standing member of the Prison Service Chaplaincy Council and over the years has extensively advised throughout on matters relevant to the practice of Buddhism in the prison system in England and Wales. However, the Council was disbanded in 2021 and was replaced by a faith committee that so far, has not met.

Financial review

Angulimala has an unrestricted fund which exists to pay for such costs and expenses as may be incurred to maintain the facilities used by the charity and to further its aims and purposes. It also has another fund which is restricted and exists to provide resources and services set out under the terms of the grant from the prison service for Angulimala acting as the Buddhist Religious Consultative Service to HM Prison Service (RCS).

Principal funding sources

Angulimala depends on donations and grants. There are a number of standing orders, some members donate their expenses and there are some donations from prisoners. No salaries were paid by the charity to anyone.

The total income in this period was £706 (2021: £11,941)

Funds in deficit

There are no funds in deficit.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Trustees’ Report and Strategic Review (Continued)

Unrestricted fund income and expenditure

In 2022 Angulimala received £706 (2021: £3,210) from donations, subscriptions, and gift aid. We are grateful to everyone who has supported us with donations.

Expenditure is as follows: Secretarial and Office expenses: £269 (2021: £1,124) Prisoner Supplies: £2,139 (2021: £2,093) The main part of this expense was for printing and posting Buddhist calendars and creating laminated materials and leaflets for prisoners. Insurance: £59 (2021: £59)

Accountancy: £83 (2021: £140) is the accountancy cost. Bank charges: £96 (2021: £69).

Religious Consultative Service Grant (restricted fund)

Angulimala receives a grant from HM Prison Service to act as Buddhist Religious Consultative Service within the prison service. This money is held within a restricted fund and is used to provide resources and services as set out in the terms of the grant. It covers coming to meet for mentoring, peer support and relicensing assessment. Chaplains may also reclaim costs of attending workshops from their individual prison. We send a copy of our accounts to the Government to show how we spend the grant.

The majority of time and resources within the charity are spent fulfilling the obligations under the grant and as such the Trustees have agreed to apportion 90% of the management and trustees’ expenses, and 90 % of the secretarial and office expenses, to this restricted fund. The remaining 10% of both expense headings are allocated as unrestricted funds as general running costs of the charity.

This year we have expended these amounts which will be covered by the grant.

Secretarial and Office expenses: £1,050 (2021: £1,252) are costs incurred in running Angulimala RCS. Chaplains monitoring and licencing: expense of £1,020 (2021: £Nil) which covers the workshop and the claim on the grant is mainly for the travelling expenses repayment to chaplains who attended workshop.

Hire of venue for workshops: expense of £2,600 (2021: £2,600) We donate £650 per Angulimala workshop to the Forest Hermitage. It is worth noting that to hire a similar room could cost at least £1000 and there is car parking, food, and an office with supplies and storage space for labeled and wrapped Buddha Rupas, books, and laminated pictures. Insurance: £532 (2021: £532) Accountancy: £742 (2021: £1,260)

CIO management and trustee expenses £13 (£2021: £8,731) are payments in kind, reflecting the costs of administering and the day to day running of the RCS.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Trustees’ Report and Strategic Review (continued)

Public benefit

The Charitable Incorporated Organisation makes possible the variety of activities that make Buddhist teaching available in prisons and promotes Buddhism through encouraging and facilitating the practices of its chaplains as well as supporting the role of its Spiritual Director. The trustees have paid due regard to the guidance of the Charity Commission on public benefit in carrying out these activities, in particular the specific guidance on charities for the advancement of religion.

Reserves policy

Angulimala aims to hold a balance of £20,000 of unrestricted, free reserves, which is immediately accessible from the Charities Aid Foundation bank account. This is to protect the organisation from fluctuating income.

The Trustees recognise that the unrestricted reserve is currently much higher than the stated reserves policy. At the end of the financial year Angulimala held £85,071 (2021: £87,011) within unrestricted reserves. The reason for this is that the current RCS Government grant will no longer be available and the Trustees plan to use unrestricted reserves to continue the organisations objectives while pursuing future funding opportunities.

Going concern

The Trustees consider that the organisation has the ability to continue as a going concern beyond the next twelve-month period and while it explores further funding opportunities not that the government grant has been withdrawn.

Risk Review

Consistent with the size of the charity, the trustees review any major risks to which the charity might be exposed and establish systems and procedures to mitigate those risks.

Governance risks are mitigated through the charities organisational structure, the appointment of a suitably qualified Spiritual Director and a conflict-of-interest policy.

Operational risks of liability or financial loss are covered through insurance and there is a complaints procedure in place. There is also a policy on data handling and protection to avoid data breaches and loss.

Reputational risks are managed through the endorsement process, part of becoming appointed as a Buddhist Chaplain. In addition, all chaplains are licensed and re-licensed annually.

Financial risks are addressed by the trustees and suitable safeguards are in place with regard to expenditure. The finances of the organisation are kept under regular review. The charity has sufficient reserves to continue its operations.

External risks: The trustees make themselves aware of current Government policies which may impact on the trusts activities in these turbulent economic times. In conjunction with our insurers, we continue to keep up to date with the laws and regulations pertinent to the charity.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Trustees’ Report and Strategic Review (continued)

Coronavirus (COVID-19)

The covid situation still affects the organisation. Angulimala has sufficient monetary assets to continue its work. The effect on individual chaplains’ ability to provide Buddhist services was dependent on the state of the prisons they served. The committee was able to meet online. Three of the quarterly workshops were also held on-line with the fourth being held in person outside in the grounds of the Forest Hermitage in a marquee.

Statement of Trustees’ responsibilities

The trustees are responsible for keeping proper books of account such as are necessary to give a true and fair view of the charity’s state of affairs and to explain its financial transactions. The trustees must also establish and maintain a satisfactory system of control of its books of account, its cash holdings and all its receipts and remittances, and hence is responsible for safeguarding the assets and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees confirm that the financial statements comply with current statutory requirements, the requirements of the charity’s governing document and the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities.

The Trustees’ report was approved by the Trustees on 22[nd] October 2022 and signed on their behalf by

Rev David Saido Kennaway Secretary

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Angulimala, The Buddhist Prison Chaplalncy Annual Report and Financial Statements Year ended 31 March 2022 Independent Examiner's Report to the Trustees of Angulimala, The Buddhist Prison Chaplaincy S report on the accounts of the charwty forthe year ended 31 March 2022 which are set out on pages 11 to 19. Responslbllitie5 and ba515 of report s the charity trustees of the Organisation, you are responsible for the prepar*ion ol the accounts in accordan￿ with the requirements of the Charities Act 20111'the A¢VI. I report in respett of my examination of the Organisation's accounts under section 145 of the 2011 Act and in carrying out my ￿arniN￿tIon I have followed the Direction5 gsven bythe Charity Commission under section 14515llbl of the 2011 Act. Independent examlner's slatemert I have completed my examination. I confim) that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were not kept in respect of the Organisation as ￿quI￿￿ by section 130 of the Art- or the accounts do not accord with those records: or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Report) Regulation 2008 other than any requirement that the accounts give a'true and fair viev/ which is not a matter considered as part of an independent examination: or 4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordan￿ with the Finanoal Reporbng Standard applicable in the UK and Republic of I￿land IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this ￿port in order to enable a proper understanding of the accounts to be ￿ached. Ruth B3mford FCA DChA Balanced Accountancy Ltd The Dairy Flexcofflbe Lane Liss Hampshire GU33 6LH Date: 14, November 2022 101 Page

Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Financial Statements

Statement of Financial Activities

Year ended 31 March 2022

Note
Income from:
Donations
2
Income from Charitable Activities
2
Total
Expenditure on:
Charitable Activities
3
Total
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds bought forward
Total funds carried forward
2022
2021
Unrestricted
funds
Restricted
funds
Total
funds
Unrestricted
funds
Restricted
funds
Total
funds
£
£
£
£
£
£
706
-
706
3,210
8,731
11,941
-
-
-
-
-
-
706
-
706
3,210
8,731
11,941
2,646
5,957
8,603
3,585
14,375
17,960
2,646
5,957
8,603
3,585
14,375
17,960
(1,940)
(5,957)
(7,897)
(375)
(5,644)
(6,019)
(1,940)
(5,957)
(7,897)
(375)
(5,644)
(6,019)
87,011
19,493
106,504
87,386
25,137
112,523
85,071
13,536
98,607
87,011
19,493
106,504

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above.

The Notes on pages 13 to 19 form part of these financial statements

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Balance Sheet

As at 31 March 2022

Note
Fixed assets
Fixed asset investment
4
Current assets:
Cash at Bank
Total current assets
Creditors: amounts falling due within one year
5
Net current assets or liabilities
Total net assets
The funds of the charity
Restricted
7
Unrestricted
7
Total charity funds
Total Funds
Total Funds
2022
2021
£
£
100
100
99,332
107,229
99,332
107,229
(825)
(825)
98,507
106,404
98,607
106,504
13,536
19,493
85,071
87,011
98,607
106,504

The Notes on pages 13 to 19 form part of these financial statements

Approved by the Trustees on 22[nd] October 2022 and signed on their behalf by:

Dominic Clark Treasurer

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Notes to Financial Statements

1. Accounting policies

1.1. Statutory Information

Angulimala, The Buddhist Prison Chaplaincy, is registered as a charitable incorporated organisation with the Charities Commission of England and Wales and with the Scottish Charities Commission. Its registered office is The Forest Hermitage, Lower Fulbrook, Warwickshire, CV35 8AS.

1.2. Basis of preparation

The financial statements have been prepared on a going concern basis and in accordance with applicable Accounting Standards in the United Kingdom, including the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP), Financial Reporting Standard 102 (FRS 102) and in accordance with the Charities Act 2011, using applied accounting policies.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

1.3. Public benefit entity

The organisation meets the definition of a public benefit entity under FRS 102.

1.4. Going concern

The Trustees consider that there are no material uncertainties about the organisations ability to continue as a going concern.

The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

1.5. Income

Recognition of income takes place in accordance with applicable accounting policies and results are presented in accordance with SORP and FRS 102. All incoming resources are included in the Statement of Financial Activities (SoFA) when it is probable that the income will be received and that the amount can be measured reliably.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Notes to Financial Statements (continued)

1.5. Income (continued)

Grants and donations are recorded in the period in which they are received, or the Charity is entitled to the income. Any donations tied to a particular purpose are credited to restricted reserve.

Income from revenue grants and other grants are credited to the Statement of Financial Activities when received or receivable. Where unconditional entitlement to grants receivable is dependent on fulfilment of conditions within the Charity's control, the incoming resources are recognised when there is sufficient evidence that conditions will be met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred.

1.6. Gifts and services in kind

Donated expenses from volunteers are recognised as income when the charity has control over the item, it is probable that the item will be donated, and that economic benefit can be measured reliably.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

The value of services provided by volunteers has not been included in the Statement of Financial Activities.

1.7. Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

1.8. Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted general funds are donations and other incoming resources received or generated for the charitable purposes. The General Fund has to provide for the net deficit of any activities that have inadequate income of their own and for the general administration of the Charity.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Notes to Financial Statements (continued)

1.9. Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and that the amount of the obligation can be measured reliably. Resources expended include attributable VAT which cannot be recovered. Expenditure is classified under the following activity headings:

1.10. Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the overhead costs of the central function, is apportioned on the basis of project expenditure.

The Trustees have consistently applied a 90% allocation of overhead and support costs to the restricted fund for HM Prison and Probation Service as the implementation of this work is the single priority for Angulimala.

1.11. Fixed Asset investments

Fixed asset investments are recognised at fair value. The organisation owns shares in a single dormant company the value of which is held at historical cost.

1.12. Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.13. Cash at bank and in hand

Cash balances exclude any funds held on behalf of service users.

1.14. Creditors and accruals

Creditors and accruals are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and accruals are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Notes to Financial Statements (continued)

  1. Income
2022 2021
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Donations 706 - 706 3,210 - 3,210
Gifts in kind - - - - 8,731 8,731
Total 706 - 706 3,210 8,731 11,941
3. Analysis of Expenditure
3a Charitable activities 2022 2021
Direct Governance and Total Direct Project Governance and
Total
Project costs support costs costs support costs
£ £ £ £ £ £
Restricted Expenditure
Chaplains mentoring and licensing 1,020 - 1,020 - - -
Hire of venues and facilities 2,600 - 2,600 2,600 - 2,600
CIO Management and Trustees expenses 13 - 13 9,263 - 9,263
Legal and professional 1,274 - 1,274 1,260 - 1,260
Secretarial and office expenses 1,050 1,050 1,252 - 1,252
5,957 - 5,957 14,375 - 14,375
Unrestricted Expenditure
Prisoner and chaplain supplies 2,139 - 2,139 2,093 - 2,093
Legal and professional - 142 142 - 199 199
Secretarial and office expenses - 269 269 - 1,224 1,224
Bank charges - 96 96 - 69 69
2,139 507 2,646 2,093 1,492 3,585
Total 8,096 507 8,603 16,468 1,492 17,960

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Notes to Financial Statements (continued)

3b Governance and support costs

2022 2021
£ £
Independent examiner 83 140
Insurance 59 59
Bank charges 96 69
Secretarial and office expenses 269 1,224
Total 507 1,492

The charity Trustees were not paid or received any other benefits from employment with the charity in the year (2021: £Nil). No charity Trustee received payment for professional or other services supplied to the charity (2021: £Nil). During the year £156 (2021: Nil) was reimbursed to Dominic Clark, Treasurer, for expenses and travel costs incurred relating to attendance at meetings and workshops.

4. Fixed Asset Investment

2022 2021
£ £
Shares in Angulimala Ltd 100 100
Total 100 100
5. Creditors
2022 2021
£ £
Accruals 825 825
Total 825 825

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Notes to Financial Statements (continued)

6. Movement in funds

2022 At the Incoming Outgoing Transfers At the end
start of resources resources of the
the year year
£ £ £ £ £
Restricted Funds
HM Prison & Probation 19,493 - (5,957) - 13,536
Service Grant
______ ______ _ ______ ______
Total Restricted funds 19,493 - (5,957) - 13,536
Unrestricted funds
General funds 87,011 706 (2,646) - 85,071
______ ______ _ _ ______
Total Unrestricted Funds 87,011 706 (2,646) - 85,071
______ ______ _ _ _
Total funds 106,504 706 (8,603) - 98,607
______ ______ _ _ _
2021 2021
At the start Incoming Outgoing Transfers At the end
of the year resources resources of the year
£ £ £ £ £
Restricted Funds
HM Prison & Probation 25,137 8,731 (14,375) - 19,493
Service Grant
______ _ _ ______ ______
Total Restricted funds 25,137 8,731 (14,375) - 19,493
Unrestricted funds
General funds 87,386 3,210 (3,585) - 87,011
______ ______ ______ ______ ______
Total Unrestricted 88,386 3,210 (3,585) - 87,011
Funds
______ ______ ______ ______ ______
Total funds 112,523 11,941 (17,960) - 106,504
______ ______ ______ ______ ______

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Angulimala, The Buddhist Prison Chaplaincy Annual Report and Financial Statements Year ended 31 March 2022

Notes to Financial Statements (continued)

7. Analysis of net assets between funds

2022 2021
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Fixed Asset Investments 100 - 100 100 - 100
Net current assets 84,971 13,536 98,507 86,911 19,493 106,404
Net assets at the year end 85,071 13,536 98,607 87,011 19,493 106,504

8. Taxation

The CIO is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

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