Trustees’ Annual Report for the period
From 01/04/2022 To 31/03/2023
Charity name: THE GOLDEN LIGHT BUDDHA SANGHA
Charity registration number: 1178643
Objectives and Activities
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SORP reference
Summary of the Para 1.17 THE OBJECTS OF THE CIO ARE: (1)THE
purposes of the charity ADVANCEMENT OF THE BUDDHIST
as set out in its FAITH FOR THE BENEFIT OF THE
governing document PUBLIC THROUGH THE ACTIVITIES OF
TEACHING, STUDY & PRACTICE;
FOCUSSING ON THE TEACHINGS OF
THE HANMI ESOTERIC SCHOOL & OF
MASTER DECHAN JUEREN & HIS
LINEAGE; (2)THE ADVANCEMENT OF
THE BUDDHIST FAITH FOR THE
BENEFIT OF THE PUBLIC THROUGH
RAISING MONIES TO ESTABLISH &
MAINTAIN SANGHA AND BUDDHIST
CENTRES.
Summary of the main Para 1.17 and TEACHING, STUDY & PRACTICE,
1.19
activities in relation to RAISING MONIES TO ESTABLISH &
those purposes for the MAINTAIN SANGHA AND BUDDHIST
public benefit, in CENTRES.
particular, the activities,
projects or services
identified in the
accounts.
Statement confirming Para 1.18 Yes
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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Additional information (optional)
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SORP reference Para 1.38 Policy on grant making Para 1.38
Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
SORP reference Healing & Council provided, together with improved spiritual life changes. Summary of the main Para 1.20 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.
Additional information (optional)
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
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agai nst objectives other
Financial Review
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Review of the charity’s Para 1.21 £13
financial position at the
end of the period
Statement explaining Para 1.22 n/a
the policy for holding
reserves stating why
they are held
Amount of reserves held Para 1.22 £13
Reasons for holding zero Para 1.22 Awaiting bereavements,
reserves donations and migrating focus
from Los Angeles
Details of fund materially Para 1.24 n/a
in deficit
Explanation of any Para 1.23 None
uncertainties about the
charity continuing as a
going concern
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25
document
(trust deed, royal
charter)
How is the charity Para 1.25 Standard Charity
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Nominated by existing Trustees
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
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name THE GOLDEN LIGHT BUDDHA SANGHA
Other name the charity
uses
Registered charity 1178643
number
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| Charity’s principal address |
43 MacKenzie Way, Tiverton, Devon, EX16 4AW, UK | ||
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Paul MacGowan Secretary Existing Trustees
Christine Chair Existing Trustees
2
MacGowan
3 Nancy Balvin Existing Trustees
4 Megan Hegab Existing Trustees
5 Taric Hegab Existing Trustees
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved n/a
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for
whole year
n/a
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Funds held as custodian trustees on behalf of others
Description of the assets n/a held in this capacity
Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements n/a for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
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) Paul MacGowan Full name(s) Paul Kevin MacGowan
Position (eg Secretary Secretary, Chair, etc)
Date 29/04/2023
CHARITY COMMISSION FQk FNGifvtrID AND WALES Recei tsand ents accounts CC16a Forth• F•rlDd To 01N)120 Section A Receipts and payments Unrestflct•d Jr Enoowment Totsi fuDds Latt ygar AIR• ARI Sub to Sub to 19 A6 CJsh fund* L161y•arqthJ CUXRI &VArt1&81
Section B Statement of assets and liabilities at the end of the period Endowmgnt lund furtd• fund Éndowrnwrt fund tails Detsils B4A8•41• r•i•ln•dforth• h•rfty• ¢n B6 Li•blllllv 31t01kl
CHARITY COMMISSION FOR ENGLAND ANO WAiES Recei and ments accounts CC16a To 01h)1r2021 31112QD21 Section A Receipt5 and payments Unrgstrict•d RestnctÈd furA Endov¢ment nd• Tot•1 •JM• AIR• ARJ Subts Pl•tof rnceIPPAYrn¢ts} . Cuh lund* bwrend
Section B Statement of assets and liabilities at the end of the period Endpwment lundB fun B1 C••h fun Endowm4mt fvnd* lundl 84AM•ts r•taln•d f•rth ¢tt•rlty'• rrtvn B6 Date 51101F
CHARITY (OMMISSION FOR ENGkkND AtéD WALE5 Recoi tsand ents accounts CC16a TO OIA)Ir2022 Section A Receipts and payments Unrestricted fur Restn¢tÈd EDdDwmont Talal lund• Ai R•c ARJ Sub to Subt• N•toIrec*ppaynOtsJ . AS Tr4Mf•rn Iyndl
Section B Statement of assets and liabilities at the end of the period nd& io nMMIE . z.£££ fu nd¥ ¢h•rfty• own u Oet3i15 B6 kn•bilth D•te of 3110112023 CmR2*cwtslSSI