**Wat Mongkhonwararam UK** **REGISTERED CHARITY NUMBER: 1188901** **Report of the Trustees and** ## **Unaudited Financial Statements** **for the Period 1 April 2022 to 31 March 2023** ## **for** **Wat Mongkhonwararam UK** ## **Sterling Accounting & Partners** Licensed Accountants (AAT) Sturden Heath Cottage, Pye Corner, Hambrook, Bristol, BS16 1SE Email: info@sterling-accounting.co.uk **Wat Mongkhonwararam UK** ## **Contents of the Financial Statements for the Period 1 April 2022 to 31 March 2023** ||**Page**| |---|---| |**Report of the Trustees**|1| |**Independent Examiner's Report**|2| |**Statement of Financial Activities**|3| |**Balance Sheet**|4| |**Notes to the Financial Statements**|5 to 6| |**Detailed Statement of Financial Activities**|7| ITthroJ (FRS 102)1•kn 1 kny ￿18>. 24.721 Dr C Jac* 30.11 1) Mrn M lfjtsrtoal>xl 29.1Q19) N ￿18*￿8 laky)•iW 29.10.191 Mr K Ch*M 24.721) Mr S laFwktsd 111.19 k*s M Iw¥)￿ 12.321) Comor BS161SE **Independent Examiner's Report to the Trustees of** ## **Wat Mongkhonwararam UK** ## **Independent examiner's report to the trustees of Wat Mongkhonwararam UK** I report to the charity trustees on my examination of the accounts of Wat Mongkhonwararam UK (the Trust) for the period 1 April 2022 to 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Arrada Sewell Sterling Accounting & Partners Licensed Accountants (AAT) Sturden Heath Cottage Pye Corner South Gloustershire BS16 1SE Date: 12 July 2023 Page 2 **Wat Mongkhonwararam UK** ## **Statement of Financial Activities** ## **for the Period 1 April 2022 to 31 March 2023** |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**INCOME AND ENDOWMENTS FROM**||| |Donations and legacies|**1**|44,678| |**EXPENDITURE ON**||| |**Charitable activities**||| |Religious activities||13,168| |Other||24,028| |**Total**||**37,196**| |**NET INCOME**||7,482| |Total Funds Brought Forward||157,240| |**TOTAL FUNDS CARRIED FORWARD**||**164,722**| The notes form part of these financial statements Page 3 At 31 Mwch 2023 Unr•8trfc*l fund 19231 19231 2Y93 279331 11491 Cash (131JX)) (130.599) 151 157 164m 157,240 157 PArn N HwA*pis. Tn*10• **Wat Mongkhonwararam UK** ## **Notes to the Financial Statements for the Period 1 April 2022 to 31 March 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the period ended 31 March 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 31 March 2023. |**3.**|**TANGIBLE FIXED ASSETS**
|Fixtures and
Fittings| |---|---|---| |||£| ||**COST**|| ||Brought forward|19,231| ||Additions|-| ||**NET BOOK VALUE**|19,231| ||At 31 March 2023|Property| |||£| ||Brought forward|260,000| ||Additions|-| ||**NET BOOK VALUE**|260,000| ||At 31 March 2023|| Page 5 continued... **Wat Mongkhonwararam UK** **Notes to the Financial Statements - continued for the Period 1 April 2022 to 31 March 2023** ## **4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**4.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|| |---|---| |Borrowings
Accrued expenses
**Total**
There is no interest on the loans and repayment of £30,000 is
with three installments once each year from January 2023. The
second loan of £100,000 will move to a mortgage within 2 years
approaching to return the money.|£
130,000
1,200| ||**131,200**| ||| ## **5. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
44,678|Net
movement
in funds
£

7.482|Net
movement
in funds
£

7.482|At
31.3.23| |---|---|---|---|---| |||||£
7,482| ||||7.482|7,482| |||Resources
expended
£
Movemen
in funds
£
(37,196)
7,482||| ||44,678|(37,196)
7,482||| ## **6. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 31 March 2023. Page 6 **Wat Mongkhonwararam UK** **Detailed Statement of Financial Activities for the Period 1 April 2022 to 31 March 2023** £ |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Religious activities
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Event expenses
Food & drink
Travel
Visa fees
**Support costs**
**Management**
Rates and water
Insurance
Telephone
Postage and stationery
Repairs
Subscriptions
Rent
General expenses
**Finance**
Bank charges
**Governance costs**
Legal fees
Accountancy
Total resources expended
**Net income**|15,276
29,402| |---|---| ||**44,678**| ||8,956
828
3,363
21| ||**13,168**
4,271
967
462
410
9,852
-
2,200
5,266| ||**23,428**
-
-
600| ||**600**| ||**37,196**| ||**7,482**| This page does not form part of the statutory financial statements Page 7