| PALYUL TIBETAN BUDDHIST SOCIETY | PALYUL TIBETAN BUDDHIST SOCIETY | CharityNo | 1183353 | 1183353 | |
|---|---|---|---|---|---|
| CompanyNo | |||||
| Annual accounts for theperiod | |||||
| Period start date | 01/01/2025 | To | Period end date |
31/12/2025 |
Section A Statement of financial activities (including summary income and expenditure account)
| Guidance Note S01 S02 S03 S04 S05 S06 S07 Expenditure (Notes 6) Expenditure on: S08 S09 S10 S11 S12 S13 Tax payable S14 S15 Net gains/(losses) on investments S16 S17 Extraordinary items S18 S19 S20 Other gains/(losses) S21 S22 Reconciliation of funds: S23 S24 Net income/(expenditure) before tax for the reporting period Total Recommended categories by activity Income and endowments from: Charitable activities Total funds carried forward Total Net income/(expenditure) after tax before investment gains/(losses) Net income/(expenditure) Transfers between funds Other trading activities Gains and losses on revaluation of fixed assets for the charity’s own use Charitable activities Investments Separate material expense item Total funds brought forward Raising funds Separate material item of income Other Other Donations and legacies Income (Note 3) Net movement in funds Other recognised gains/(losses): |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Total funds Prior year funds £ £ F04 F05 |
Total funds Prior year funds £ £ F04 F05 |
|---|---|---|---|---|---|
| 14,065 | - | - | 14,065 | 7,902 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 137 | - | - | 137 | - | |
| 14,202 | - | - | 14,202 | 7,902 | |
| - | - | - | - | - | |
| 604 | - | - | 604 | 2,235 | |
| - | |||||
| 135 | - | - | 135 | 155 | |
| 739 | - | - | 739 | 2,390 | |
| 13,463 | - | - | 13,463 | 5,512 | |
| - | - | - | - | - | |
| 13,463 | - | - | 13,463 | 5,512 | |
| - | - | - | - | - | |
| 13,463 | - | - | 13,463 | 5,512 | |
| - | - | - | - | ||
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 13,463 | - | - | 13,463 | 5,512 | |
| - | - | - | - | - | |
| 13,463 | - | - | 13,463 | 5,512 |
1183353
PALYUL TIBETAN BUDDHIST SOCIETY
Charity No Company No
Section B Balance sheet
| Guidance Note Fixed assets Intangible assets (Note 15) B01 Tangible assets (Note 14) B02 Heritage assets (Note 16) B03 Investments (Note 17) B04 Total fixed assets B05 Current assets Stocks (Note 18) B06 Debtors (Note 19) B07 Investments (Note 17.4) B08 Cash at bank and in hand (Note 24) B09 Total current assets B10 Creditors: amounts falling due within one year (Note 20) B11 Net current assets/(liabilities) B12 Total assets less current liabilities B13 Creditors: amounts falling due after one year (Note 20) B14 Provisions for liabilities B15 Total net assets or liabilities B16 Funds of the Charity Endowment funds (Note 27) B17 Restricted income funds (Note 27) B18 Unrestricted funds B19 Revaluation reserve B20 Fair value reserve B21 Total funds B22 |
Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04 |
Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04 |
Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04 |
Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04 |
Total last year £ F05 |
|---|---|---|---|---|---|
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| ~~-~~ | ~~-~~ | ~~-~~ | ~~-~~ | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 28,450 | - | - | 28,450 | 21,596 | |
| ~~28,450~~ | ~~-~~ | ~~-~~ | ~~28,450~~ | 21,596 | |
| 5,245 | - | - | 5,245 | 11,854 | |
| ~~23,205~~ | ~~-~~ | ~~-~~ | ~~23,205~~ | 9,742 | |
| ~~23,205~~ | ~~-~~ | - | ~~23,205~~ | 9,742 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 23,205 | - | - | 23,205 | 9,742 | |
| - | - | - | |||
| - | - | - | - | - | |
| 23,205 | - | - | 23,205 | 9,742 | |
| - | - | - | - | ||
| - | - | - | |||
| 23,205 | - | - | 23,205 | 9,742 |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the trustees/directors
| S102 SORP. | |
|---|---|
| Print Name | Date of approval dd/mm/yyyy |
| Shuo Zhao | 12/05/2026 |
| Shuo Zhao |
CC17a (Excel)
18/05/2026
2
| Signature of director authenticating accounts being sent to Companies House |
Signature | Date dd/mm/yyyy |
|---|---|---|
| Print name |
CC17a (Excel)
18/05/2026
3
Section C: Notes to the accounts Trustees’ annual report for the period
Period start date 0 1 0 1 2 5 Period end date 3 1 1 2 2 5
Charity No Charity name PALYUL TIBETAN BUDDHIST SOCIETY 1 1 8 3 3 5 3 (if any)
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | to maintain a temple and establish a Buddhist community of all sentient beings. |
| Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts. |
Para 1.17 and 1.19 |
Palyul Tibetan Buddhist Society in London endeavors to share the teaching of the Buddha to all those who seek the knowledge and the truth of the Buddha Dharma, to promote our community, and to provide the general welfare and service to guide the activities which strengthen our faith in the Buddha and advance our learning in the Dharma |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 | We confirm the trustees have had regard to the guidance issued by the chartity commission on public benefit |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers | Para 1.38 | |
| Other |
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October 2016
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Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | 2 teachers teaching online courses per week about Buddha Dharma 1 face to face teaching course in Kings Cross per week about Buddha Dharma |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| 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 |
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October 2016
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Financial Review
| SORP reference |
||
|---|---|---|
| Review of the charity’s fnancial position at the end of the period |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Type text here The reserves are for Guru’s London teaching trips, books, prints, Puja services and buying our first temple |
| Amount of reserves held | Para 1.22 | £23,205 |
| Reasons for holding zero reserves | Para 1.22 | |
| Details of fund materially in defcit | Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| 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 |
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October 2016
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Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.gunincorporated association,CIO) |
Para 1.25 | CIO |
| 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 | The trustees have faith in Dharma |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| 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 charityworks |
Para 1.51 | |
| Relationship with any related parties | Para 1.51 | |
| Other |
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October 2016
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Reference and Administrative details
Charity name PALYUL TIBETAN BUDDHIST SOCIETY Other name the charity uses N/A Registered charity number 1183353 Charity’s principal address 59 Stock Street London E13 0BX W
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Wei Wang | yes | Through theyear | ||
| Zhan Huang | yes | Through theyear | ||
| ~~shuo Zhao~~ | yes | Through theyear | ||
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October 2016
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Reference and Administrative details (cont)
Corporate trustees – names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|
|---|---|---|
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October 2016
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Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements 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 adviser Name Address
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
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October 2016
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Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Shuo Zhao
Position (eg Secretary, Trustee Chair, etc)
Date 12 May 2026
Charity Accounts templates – Trustees’ annual report for the period
October 2016