## **Trustees’ Annual Report for the period** ## **From 1 Nov 2021 Period start date To 31 Oct 2022 Period end date** **Charity name: MILTON KEYNES VIHARA: COMMUNITY CENTRE FOR MINDFULNESS MEDITATION** ## **Charity registration number: 1183908** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**For the public benefit, to advance**
**Buddhism in Milton Keynes and the**
**surrounding area, in particular but not**
**exclusively by: (a) facilitating the**
**teaching of Theravada Buddhism and to**
**provide opportunities for the study and**
**practice of Buddhist philosophy,**
**meditation and mindfulness (b)**
**conducting regular lessons in Buddhism**
**for devotees. (c) establishing centres for**
**the practice of Buddhism and meditation**
**(d) providing residential facilities for**
**Buddhist monks to teach and practice**
**Buddhism.**| |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|• **Conducting regular classes teaching**
**Theravada Buddhism to children**
• **Conducting a regular programme of**
**meditation courses**
• **Organising regular talks and**
**discussions on Buddhism and**
**meditation practice that are open to**
**anyone to attend**
• **Maintaining accommodation for the**
**resident monks on the vihara**
**premises**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes, all trustees have read this**
**guidance.**| 1 of 7 MK Vihara – Trustees Annual Report 2021-22 ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policyongrant making|Para 1.38|**Not applicable**| |Policy on social
investment including
program related
investment|Para 1.38|**Not applicable**| |Contribution made by
volunteers|Para 1.38|• **Volunteers contribute their time and expertise**
**to support the activities of the Milton Keynes**
**Vihara summarised above. This includes:**
`o`
**Facilitating children’s Buddhism**
**programme**
`o`
**Facilitating regular Buddhism talks and**
**discussions that are open to the public**
`o`
**Working to maintain the Vihara premises**| |Other||**Not applicable**| ## **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
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|• **Milton Keynes Vihara has continued**
**to conduct a regular series of events**
**aimed at supporting the community**
**gain a greater understanding of**
**Buddhist teachings and develop**
**their practice of meditation.**
• **The children’s Dhamma School**
**programme continued through the**
**year, moving to a schedule of online**
**sessions every two weeks.**
• **Organisation of Buddhist cultural**
**events, such as a programme of**
**devotional songs to mark the Poson**
**full moon day in July 2022.**
• **Organisation of special blessings**
**ceremonies and formal invitation of**
**monks to spend the rains retreat at**
**the vihara (Vas Aradhana), followed**
**by the Katina Ceremony at the end of**
**the rains retreat.**
• **Supporting the wider Milton Keynes**
**community, for example by**
**participating in events organised by**
**the Milton Keynes Nipponzan**
**Myohoji Buddhist Peace Pagoda.**
**See https://mkvihara.org/gallery/**| 2 of 7 MK Vihara – Trustees Annual Report 2021-22 ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|**No additional information to add to that**
**provided above.**| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|**Fundraising to support the activities of**
**the vihara have been through one-off**
**donations from individuals visiting the**
**Vihara or regular contributions from**
**well-wishers and members of the**
**community.**
**The funds raised have been sufficient to**
**meet the essential expenses of**
**maintaining the Vihara premises (rent,**
**utilities, telephone / broadband and**
**council tax).**| |Investment performance
against objectives|Para 1.41|**Not applicable**| |Other||**Not applicable**| 3 of 7 MK Vihara – Trustees Annual Report 2021-22 ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the
charity’s financial
position at the end of
the period|Para
1.21|**The operating deficit of -£3872 reported in the**
**accounts is due to several factors:**
•
**a fall in regular and general donations,**
**attributable to lower numbers of visitors to**
**the vihara during the COVID period and cost**
**of living pressures on donors**
•
**the timing of the Kathina Ceremonies in 2021**
**and 2022, where income and expenditure**
**occurs close to the end of the financial**
**reporting period. Some income associated**
**with the 2022 ceremony will be reported in**
**next year’s accounts.**
**Earlier in 2023, the trustees have made a special**
**appeal to the community which has received good**
**support. As a result, the operating costs of the**
**vihara are now being met.**
**The trustees would also like to note that a rounding**
**error resulted in last year’s closing year balance**
**being reported as £9477. This has been corrected to**
**reflect the end of 2020/21 bank balance of £9477.80**
**and is now shown as £9478.**| |Statement explaining
the policy for holding
reserves stating why
they are held|Para
1.22|**Not applicable**| |Amount of reserves
held|Para
1.22|**£0**| |Reasons for holding
zero reserves|Para
1.22|**The Milton Keynes Vihara is now in its 4th year of**
**operation and the trustees are now planning the**
**longer term development of the vihara.**
**These plans include establishing a new premises for**
**the vihara, and in support of this the trustees have**
**opened a new‘Building Fund’ account.**| |Details of fund
materially in deficit|Para
1.24|**None**| |Explanation of any
uncertainties about
the charity continuing
as a going concern|Para
1.23|**The current rented premises of the vihara may be**
**sold by the landlord. However, as noted above plans**
**are being developed to establish a new, permanent**
**home for the vihara, along with any required**
**transitional arrangements.**| **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|**Not applicable**| |---|---|---| |Investment policy and objectives
including any social investment
policy adopted|Para 1.46|**Not applicable**| |A description of the principal
risks facing the charity|Para 1.46|**Loss of physical premises**
**Cost of living pressures leading to**
**further operating deficits.**| |Other||**Not applicable**| 4 of 7 MK Vihara – Trustees Annual Report 2021-22 ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**CIO Constitution**| |How is the charity
constituted?
(e.g unincorporated
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 founding trustees were volunteers**
**from the community who wanted to**
**support the establishment of the Milton**
**Keynes Vihara. This includes i. Head of**
**the Centre; ii. President; iii. Secretary;**
**and iv. Treasurer of the Milton Keynes**
**Vihara who are ex-officio trustees as**
**defined in the CIO’s constitution.**
**We still have a vacancy for a new**
**trustee and treasurer.**| |**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|**Induction: Trustees will make available**
**to each new charity trustee, on or before**
**his or her first appointment:**
**1. a copy of the CIO constitution**
**and any amendments made to it;**
**and**
**2. a copy of the CIO’s latest**
**trustees’ annual report and**
**statement of accounts.**
**3. Induction meetings with the Head**
**of Centre and President of the**
**Vihara**| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**Not applicable**| |Relationship with any
related parties|Para 1.51|**Not applicable**| |Other||**Not applicable**| ## **Reference and Administrative details** |Charity name|**MILTON KEYNES VIHARA: COMMUNITY CENTRE FOR**
**MINDFULNESS MEDITATION**| |---|---| |Other name the charity uses|**MILTON KEYNES VIHARA**| |Registered charity number|1183908| |Charity’s principal address|3 Aldrich Drive
Willen
Milton Keynes
MK15 9HP| 5 of 7 MK Vihara – Trustees Annual Report 2021-22 **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)**| |---|---|---|---|---| ||Prof. Arosha K. Bandara|President||| ||Dr. Ajit De Silva|Secretary||| ||Ven. Akurala Samithasiri|Head of Centre||| ||Dr. Dinuka De Silva|Trustee||| ||Dr. Mahesh Dias|Trustee||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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** 6 of 7 MK Vihara – Trustees Annual Report 2021-22 ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|Not applicable| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|Not applicable| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|Not applicable| ## **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 Not applicable ## **Other optional information** Not applicable ## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Professor Arosha K. Bandara|Dr. Ajit A. De Silva| ||
**President**|**Secretary**| |||| ||12 May 2023|12 May 2023| 7 of 7 MK Vihara – Trustees Annual Report 2021-22 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the tru8teesl members of Milton Keynes Vihara.. Community Centre for Mindfulness Meditation 31 OCT 2022 On accounts for the year ended Charlty no (If any) 1183908 Set out on pages 01-oz l ￿port lo t￿ Iruslees on my examination charity l.the Trust.) for the year ended 31 the ccounts of the above 1012D2L Responsibillties and As the charity Iruslees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 20111'lhe Act'i. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2017 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)(bl of the Act. I have completed my examination. I confinn that no material matters have ¢ome to my attention {other than that disclosed belr)w ') in connection with the examination which gives me cause to believe that in, ary material respect.. accounting records were not kept in accordan￿ with section 130 of the Act or the 8fcounts do not accord wtth the accounting records Independent examineffs statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable 8 proper understanding of the accounts lo be reached. Ple lete the words in the brackels ifthey do not 8ppty. Date: Signed: 23 D6 Namfr.. RA-￿j I r 202 Relèvant professional qualificationls} or body lif any): is£D lThJ£i ifL)J E- Addres8: ARF) >LL gL)eo&y IER October 2018 Sèction B Disclosure Only complete if the examiner needs lo highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give h•re brief detalls of any items that the oxaminer wishgs to disclose. D 16Ri•FL l£gLI&-S IC ES IER October 2018 CHARITY COMMISSION FOR ENGLANO ANO WALES Receipts and payments accounts CC16a Fortho ￿rIod Irom To Section A Receipts and payments Uniostricled fun(18 1tyth•Y￿I Rèairictsd funds Endowmènt fundl t¢ilhi nNr•itÉ Total L•eiy•*r Al Rocol Kknmly sI￿din tolhanHr•itE OfdÈr Iiw 7.620 4,J4 10.30$ Sub tolal(Gffjss m¢om& lorAR) A#¥pt and Inwsknoht ￿le￿, Isle 141 i¥ st￿ total 23.641 24ts41 A3Pa m?nts Ron1 Wis05 COLWI TBX 14¢ 1,17T 1S.L 2,1fy) Wal 418 327 J8J Exwns0siK￿￿82O?1r22 0lhorèw￿%{P￿rt2￿21 Rel￿￿d DOWID loo 7.115 7.￿6 Sub tol31 27,61) loo 14993 17M13 A4 As88tand In￿￿￿en[ purcha$o•, 15oe tabl61 Sub total Tot*lwyments 27.51J 2T,513 18.993 Notolrecoip￿(P8Yrn8n￿) S 7rin$fprn botwepn fund6 A6 C4&h fund• la•tyè•r end C•5h lurtds Ihls y*arend 3,172 5,203 9.47 9,478 4,27 Section B Statemenl of assets and liabilities at the end of the period Unrestricted lunds Rgstricied funds Endo¥¥in￿￿t fvnds B1 Cash lund 31 Tolel ¢th¥h funds u￿r￿t￿et•d fund• R•¥thcted funds Endowment fund$ DBtails t47 82 Other monetsry aisets tktsi B3 Invo¥tm•nt a88•ts Fundto¥Jfaoh •1••1 Curr•il ¥4lu chartty'8 own Furtd to*WGh •Jnount¢hJv Dotai16 85 L¢abiliti¢& Print Dats of8pprov Ilth*llu4iee6 Aroehp K Bandaf Pr¢$ithnt Ilde Silv¥ {s￿retary1 12 May 2023 12 May 2023