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2024-01-31-accounts

Trustees’ Annual Report for the period

From Period start date To Period end date

Charity name:

Charity registration number:

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To facilitate the teaching of Theravada
Buddhism and provide opportunities for
the study of Buddhism and Meditation.
To establish a Centre for the practice of
Buddhism and Meditation
To provide residential facilities for
Buddhist Monks to conduct retreats and
classes for those who wish to learn
Buddhism and Meditation.
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		 The Dharma Centre's primary activities
this year have furthered its charitable
purposes for public benefit, aligned with
its mission to promote Theravada
Buddhism, community engagement, and
mental well-being:
1. Teaching and Meditation
Programs: Weekly Vipassana
meditation, Abhidhamma, and
sutta classes were provided both
in-person and online, making
teachings accessible locally and
globally.
2. Community Engagement:
Volunteer opportunities,
especially for elderly individuals,
reduced social isolation and
promoted belonging.
3. Mental Health Support: Activities
supported mental health,
cognitive function, and social
well-being, particularly among
elderly participants.
4. Collaborative Outreach:
Partnerships with community

organizations promoted social cohesion, harmony, and mutual understanding. 5. Inclusivity through Donations: All services were offered on a dāna (donation) basis, ensuring accessibility regardless of financial means. 6. Religious and Pastoral Services: The Centre provided religious services for Buddhists in Colchester and allowed individuals to book home visits with monks for spiritual support. Statement confirming Para 1.18 The trustees confirm that they have had whether the trustees have regard to the guidance issued by the had regard to the guidance charity commission on public benefit in issued by the Charity planning and delivering on the centre’s Commission on public charitable objects. benefit

Additional information (optional) You may choose to include further statements where relevant about:

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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
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Achievements and Performance

SORP reference

4. Community Engagement: Supported a Sri Lankan folk dance session, promoting cultural expression, physical activity, and social interaction, strengthening community bonds.

5. Colchester City Carnival: Organized participation in the Colchester City Carnival, bringing together 25 diverse communities and fostering inclusion and cultural unity.

6. Mental Health Support: Meditation sessions improved participants' mental health, helped manage anxiety, and fostered a sense of inner peace.

7. Spiritual Care: Home visits by monks offered personalized spiritual support, providing comfort and guidance.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern

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 CIO- Association
How is the charity
constituted?
(e.g unincorporated
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 done through vote
of 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 Dhamma Centre (Colchester)
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

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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)
Rev Hokandara
Pannavamsa
Thero		 Chair 29thJune 2024
Babli Sharma Secretary 2023/2024
Katherine Mahal
Ratnasiri		 Treasurer 2023/2024
Kaji Sherpa Trustee 2023/2024

– 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

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)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) 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

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
Rev Hokandara Pannavamsa
Thero		 Mrs Babli Sharma

Trustee		 Trustee
6 Nov 2024
6 Nov 2024

Dhamma Center Profit and Loss Account For The Year Ended 31 January 2024 2024 2023 Notes TURNOVER Cost of sales 52,548 17,1601 26.460 19701 GROSS PROFIT 45,388 25,490 Adminlstratlve expenses 132,0401 126,5041 OPERATING PROFITI(LOSS) AND PROFIT/(LOSS) FOR THE FINANCIAL YEAR 13,348 11,0141 The notes on pages 6 to 7 form p8rt of these flnancial statements. Page 4

Dhamma Center Balance Sheet As At 31 January 2024 2024 2023 Notes FIXED ASSETS Tangible A55et5 2,559 905 2,559 905 CURRENT ASSETS Debtors 3,855 5,920 Cash at bank and in hand 1,953 9,775 1,953 Credltors: Amounts Falllng Due Wlthln One Year 13.8721 NET CURRENT ASSETS (LIABILITIES) 9,775 11,9191 TOTAL ASSETS LESS CURRENT LIABILITIES 12,334 11,0141 NET ASSETS/(LIABILITIES) 12,334 11,0141 Profit and Loss Account 12,334 11.0141 SHAREHOLDERS. FUNDS 12,334 11,0141 For the year ending 31 January 2024 the company was entitled to exemption from audit under sectlon 477 of the Companles Act 2006 relating to small companies. The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledges hls responslbillties for complying with the requirements of the Act with respect to accountlng records and the preparation of accounts. These accounts have been PrePa￿d in accordance with the provisions applicable to companies subject to the srnall companies, fftgime. On behalf of the t>oard Date The notes on pages 6 to 7 form part of these financial statements. Page 5

Dhamma Center Trading Profit and Loss Account For The Year Ended 31 January 2024 2024 2023 TURNOVER Monthly DCR One Off Donations Events & Projects UK sales Grants and subsidies received 11,350 33,550 3,553 1,377 2.718 10,855 5,395 1.210 9.000 52,548 26,460 COST OF SALES Purchases Type A 7,160 970 17,1601 19701 GROSS PROFIT 45,388 25,490 Administrative Expenses Staff welfa Travel and subsistence expenses Rent 3,160 4,624 13,830 13131 1,546 1,969 30 503 655 555 13,890 866 Rates Light and heat Repairs and maintenance Computer software, consumables and malntenance Insurance P05tage Stationery Advertising and rnarketin9 costs Telecommunications and data costs Website costs Accountancy fees Leg31 fees Pmfesslonal fees Subscrlptlons Bank charges Charitable donatitsns Depreciation Depreciation of computer equiprnent Sundry expenses 3,644 20 530 60 513 132 151 471 1,634 989 200 1,211 40 2.510 147 25 61 3,100 1,130 68 18 343 173 132,0401 126,5041 OPERATING PROFIT/(LOSS) AND PROFIT/(LOSS) FOR THE FINANCIAL YEAR 13,348 11,0141 Page 8

(HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to Iho trustees OHAfThmA C&KFff2C 31 201 On accounts for the year ended Charity no {If any) 11 qooS1 Set out on pages I r8POrt to the trustees on my examination of the accounts of the above d)arity {Ihe Trusf) for the year ended Responsibilitios and basis of report As the charivs trustees. you are reskM)nsible for the preparation of the acC￿ntS in accordan￿ with the requirements of the Charities Act 2011 llhe Acr). I report in respect of my examination of the Trust's accounts carried oul under section 145 ofthe 2011 Act and in carrying out my examination, I have followed all the 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 confim that no material matters have come to my attention in (x)nnectM)n wrth the examination (other than that disclosed below "I which gives me cause to believe that in, any material respect: the accounting records were not kept in accordan￿ with seclion 130 of the charib.es Act., or the accounts did not accord with the accounling records: or the accounts did not u)mply wth the applicable requirements conceming the fom 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 nol a matter considered as part of an independent examination. I have no concems 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. ase lete th wo in th8 brackets rf they do not apply. Signed: Date: 22 Name: S CAKrrooLL Relevant profes$lonal qualification($} or body I IER Oct 2018

(if any): Address: OFKICES 5 &6 LotsS6- L ¢ltrJÉ <ctsjO2i￿)G Coi6 06 Section B Disclosure Only complete Il the examinei neads lo highlight malerial niallers ol concern {see CC32. Independent examination of charity accounts: directions and guidance for examinèrs). Glve horo brlef d•talls of any items that the oxamlner wlshes to dlsclose. IER Oct 2018