## **Trustees’ Annual Report for the period** **From 01/04/2023 To 31/03/2024** **Charity name: THE GOLDEN LIGHT BUDDHA SANGHA** **Charity registration number: 1178643** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|THE OBJECTS OF THE CIO ARE: (1)THE
ADVANCEMENT OF THE BUDDHIST
FAITH FOR THE BENEFIT OF THE
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
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|TEACHING, STUDY & PRACTICE,
RAISING MONIES TO ESTABLISH &
MAINTAIN SANGHA AND BUDDHIST
CENTRES.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: 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)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**£15**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**n/a**| |Amount of reserves held|Para 1.22|**£15**| |Reasons for holding zero
reserves|Para 1.22|**Awaiting bereavements, donations and**
**migrating focus from Los Angeles**| |Details of fund materially in
deficit|Para 1.24|**n/a**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**None**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Standard Charity**| |Trustee selection 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|Para 1.25|**Nominated by existing Trustees**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|THE GOLDEN LIGHT BUDDHA SANGHA| |---|---| |Other name the charity uses|| |Registered charity number|1178643| |Charity’s principal address|43 MacKenzie Way, Tiverton, Devon, EX16 4AW, UK| ||| ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Paul MacGowan|Secretary||ExistingTrustees| ||Christine MacGowan|Chair||ExistingTrustees| ||NancyBalvin|||ExistingTrustees| ||Megan Hegab|||ExistingTrustees| ||Taric Hegab|||ExistingTrustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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 |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**n/a**||| |||| |||| |||| |||| |||| ## **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 for n/a 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** 29/04/2024 CHARITY IOMMISSIOP4 FOR ENGLAND AND WALE5 TreGo￿je￿L￿tttB￿thjh¥ S¥roha 117B613 Recei Forthè portod from tsand ments accounts To CC16a 0110112023 31M212023 Section A Receipt5 and payments U￿r￿t￿Ct￿d lund• R45trictqd fundA Endowm9nl lun Tot41 lund• L•tyoar A1 Rè¢ 1￿￿20t3 ARI tAn •g•tsbl•. 1*2QQ23 Sub total A4A•••t4nd In¥g8*n•nt st￿ tst41 14•tofr8cfjiptsl(paym•nts) ASTran*f•r4 bthfj•n fund• A8CaBh fund• laBtye4r•nd C•sh fun(ts thisyearfjfid CC¥X Rl Bctlwnts Issi IW09k024 Sectioll B Statement of assets and liabilities at the end of the period Unrqgtricts furtd lonmriitt RH4triGtqd lundÈ Endowmqnt furtd B1 Ca•h lund• Tolal cash lund Rejirfcted funds Endowmont fund¥ Fundto Cul￿ty11￿# 8) Invo•bnont 4••ot• Currènt￿1 BdA•É•ts r•t41n4d forth4 charlty'6 own uae FuM***kh ountrtu• duv B5 L1*bIl￿ S¥ll•d￿c￿l Or￿ts￿$t￿< hBltof4IthpinNt&*B Oaie of ro¥81 ure N8mB paulFAAo£Mn s11011￿4 cCXXR2•cc￿llLryl85) IWW024