Section C: Notes to the accounts Trustees’ annual report for the period
Period start date Period end date Charity No Charity name Dhamma Center (Colchester) (if any)
1 1 9 0 0 5 2
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | (a) To facilitate the teaching of Theravada Buddhism and provide opportunities for the study of Buddhism and Mindfulness for those interested. (b) To establish a centre(s) for the practise of Buddhism and Meditation (c) To provide residential facilities for Buddhist monks to conduct retreats and classes for those who wish to learn Buddhism and Mindfulness |
| 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 |
|
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 |
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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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 | The Charity, since its inception has been successful in conducting activities that uphold the objects of Charity. The Charity has estabilished residential facilities for Buddhist monks and nuns to perform religious and cultural works. The Charity has formed a strong following of members from varied backgrounds through the services that have been running since the launch of the charity. The Charity conducts weekly, monthly and annual programs on Mindfulness, Buddhism, Meditation, wellbeing and wellness and has been able to support communities through activities made allowable through funders to overcome poverty and hunger. |
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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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 | |
| Amount of reserves held | Para 1.22 | |
| 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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Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | CIO- Association |
| How is the charity constituted? (e.gunincorporated association,CIO) |
Para 1.25 | Registered 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 | Election of trustees are done through vote of existing trustees |
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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Reference and Administrative details
| Charity name | Dhamma Center |
|---|---|
| Other name the charity uses | Dhamma Centre |
| Registered charity number | 1190052 |
| Charity’s principal address | 30, Chapel Road, Colchester, CO3 0PX |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|
| Mahal Katherine Ratnasiri | |||
| Hamza Don Desilva | |||
| Babli Rani Sharma | |||
| Kaji Sherpa | |||
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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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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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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) Mahal Katherine Ratnasiri Babli Sharma Position (eg Secretary, Treasurer Secretary Chair, etc) Date 24/11/2023
Charity Accounts templates – Trustees’ annual report for the period
October 2016
Dhamma Center Profit and Loss Account For The Year Ended 31 January 2023 2023 Notes TURNOVER Cost of sales 26,460 {9701 GROSS PROFIT 25,490 Administrative expenses 126,5041 OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR 11,0141 The notes on pages 6 to 7 form part of Lhese financial statements. Page 4
Dhamma Center Balance Sheet As at 31 January 2023 2023 Notes FIXED ASSETS Tanglble Assets 905 905 CURRENT ASSETS Cash at bank and in hand 1.953 1,953 Creditors: Amounts Falling Due Within One Year 13.8721 NET CURRENT ASSETS (LIABILITIES) 11,9191 TOTAL AsseTS LESS CURRENT LIABILITIES 11,0141 NET LIABILITIES 11,0141 Profit and Loss Account 11,0141 SHAREHOLDERS. FUNDS 11,0141 For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Cornpanies Act 2006 relating to small companies. The rnember has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledge5 his re5pon5ibilities for complying with the requirements of the Act with respect to accounting retords and the prepatIOn of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. On behalf of the board Date The notes on p3ges 6 to 7 form part of these financial statements. Page 5
Dhamma Center Trading Profit and Loss Account For The Year Ended 31 January 2023 2023 TURNOVER Monthly DCR One Off Donations Events & Pmjects Grants and sub5idie5 received 10,855 5,395 1,210 9,000 26,460 COST OF SALES Purchases Type A 970 (9701 GROSS PROFIT 25,490 Administrative Expenses Staff welfare Travel and subsistence expenses Rent 655 555 13.890 866 Rates Light and heat Repalrs and malntenance Computer software, consumables and maintenance Insuftnce Postage Advertising and marketing costs Telecornmunications and data costs Website costs Accountancy fees Legal fees Professional fees Bank charges Charitable donations DepCiatIon of computer equipment Sundry expenses 3,644 20 530 60 151 1.634 989 200 2,5LO 147 68 18 343 173 126,5041 OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR 11,0141 Page 8
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