## **Trustees’ report for the year ending 31[st] July 2021**
In a challenging year for the whole world, the Trust managed to provide services to the community that were essential for their psychological well-being.
The Trust had to change the premises that the monks were residing as the property that was first rented was required by the Landlord. The Trust was able to secure another property to rent in Leeds to be used as the residence for monks from December 2020 at No.80, Bodmin Street, Middleton, Leeds.
Having to move from the property that was first rented expedited the process of purchasing a property to be used as a residence for the monks.
The community managed to increase the funds raised to over £50,000 for the financial year and record a surplus of over £37,000. This has enabled the Trust to be in a stronger financial position and work on purchasing a property in the name of the Trust to be used as a residence for the monks.
The Trust had to meet the challenge of continuing its services to the community in the face of restrictions imposed as a result of the Covid 19 pandemic. All events were organised online to enable devotees to attend, ensuring that any Covid related restrictions were adhered to. These included the monthly Dhamma sermons, meditation sessions and weekly discussions on Buddhist scripture. A number of devotees attended these sessions regularly.
These sessions enabled the community to engage with the monks on a regular basis and were invaluable in meeting their spiritual needs in a time of high uncertainty due to the Covid pandemic.
Videos of these sessions were uploaded on to the Trust’s YouTube channel and Facebook page. This gives devotees all over the world an opportunity to listen to these sessions on their own time.
The monthly Dhamma School sessions too were held online. This proved to be popular with children as the feedback was that they were looking forward to these sessions.
Some of the key events organised by the Trust had to be cancelled to comply with Government regulations for the second year running. This was done to ensure the safety of the community. These included the New Year Festival which was scheduled for April 2021 and the Vesak ceremony which was scheduled for May 2021. These events were organised and delivered online.
The fourth Kathina ceremony that marks the end of the rainy season retreat took place during a period when the social distancing guidelines were relaxed with the attendance of only the two families who sponsored the event and who looked after the monks during the rainy season retreat. The session was broadcast live via Zoom.
There were no serious incidents to report during the reporting period.
Signed on behalf of Trustees
S. C. Mudalige
Trustee
15 May 2021
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 July 2018 the organisation is entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the organisation to obtain an audit in accordance with section 476 of the Companies Act 2006.
## **Leeds Buddhist Vihara Trust**
## **Statement of Income and Expenses For the year ended 31st July 2021**
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||||||
|---|---|---|---|---|
|2020/21|2019/20|
|Income|£|£|£|£|
|Donations|36,641|24,522|
|Gift Aid Claim|13,458|-|
|Interest income|21|76|
|Total Income|50,120|24,599|
|Expenses|
|Rent|7,630|9,915|
|-|
|Event Expenses|1,930|
|Utilities|1,903|2,590|
|Web hosting|420|480|
|Insurance|225|-|
|Visa expenses|1,623|42|
|Mortgage expenses|600|
|Other expenses|681|154|
|Total Expenses|13,082|15,112|
|Net surplus|37,037|9,487|
|Leeds Buddhist Vihara Trust|
|Statement of Asstes and Liabilities|
|As at 31st July 2021|
|2020/21|2019/20|
|£|£|£|£|
|Assets|
|Current assets|
|Bank current account|65,030|7,114|
|Bank savings account|20,152|20,131|
|-|-|
|Petty cash|
|Rent deposit|-|900|
|85,183|28,146|
|Liabilities|
|Current liabilities|
|Long-term Liabilities|
|Interest-free Loan|20,000|-|
|Net income b/f|18,146|13,659|
|Transferred to Building Reserve|10,000|10,000|
|Net income over expenses|37,037|4,487|
|85,183|28,146|
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