INTERNATIONAL CENTRE FOR THERAVADA BUDDHISM UK (ICTBUK)
TRUSTEES’ ANNUAL REPORT AND UNAUDITED ACCOUNTS For the period ending 04[th] September 2025
Trustee’s Annual Report and Unaudited Accounts for the period ending 04 September 2025
LEGAL AND ADMINISTRATIVE INFORMATION
Board of Trustees
Mrs. Madhurika Jayawardana Mrs. Sujatha Wickramatunga Mr. Kasun Rajapakse
Charity Number
1190129
Registered office
19 Honeycrock Lane Redhill RH1 5DG
GOVERNANCE STATEMENT
The Trustees present their Report and Accounts for the period ending 4th September 2025.
As the charity trustees of the Trust, we have prepared the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
International Centre for Theravada Buddhism UK (ICTBUK) is a registered charity established by Trust Deed on 26[th] June 2020 with the aim of advancing the understanding and practice of Theravāda Buddhism in the United Kingdom. The charity supports and delivers educational programmes, research collaborations, and cultural initiatives, including projects in partnership with institutions such as the British Library, Wellcome Collection and the University of Manchester.
Trustee’s Annual Report and Unaudited Accounts for the period ending 04 September 2025
GOVERNANCE STRUCTURE
The charity is governed by a Trust Deed and overseen by a Board of three Trustees, who are responsible for setting the charity’s strategic direction, ensuring compliance with legal and regulatory obligations, and safeguarding its assets for public benefit.
Board of Trustees include:
Mrs. Madhurika Jayawardana Mrs. Sujatha Wickramatunga Mr. Kasun Rajapakse
All Trustees are UK residents.
TRUSTEE RESPONSIBILITIES AND OPERATION
Trustees meet regularly to review ongoing projects, monitor progress, and make strategic decisions. They work collectively to ensure that all activities align with the charity’s mission and values. Trustees are appointed based on their commitment to the charity’s aims and relevant expertise, including in Buddhist studies, heritage preservation, and charitable governance.
Risk Management
The Trustees maintain oversight of project-level risks, particularly in relation to partnerships, content accuracy, and the cultural sensitivity of materials.
Commitment to Good Governance
Although a small organisation, ICTBUK strives to apply principles of good governance in line with the Charity Commission’s expectations and the Charity Governance Code, appropriate to its size and scope. As part of its ongoing development, the Trustees are reviewing internal policies and procedures to strengthen operational resilience and future project delivery.
COMPLIANCE WITH SECTION 4 OF THE CHARITIES ACT 2006
ICTBUK is committed to fulfilling its legal obligations as set out in Section 4 of the Charities Act 2006, which outlines the requirement for charities to demonstrate public benefit.
In line with this requirement, the Trustees have reviewed the Charity Commission’s guidance on public benefit and confirm that all activities undertaken during the reporting year are in direct furtherance of the charity’s stated objectives and are designed to deliver clear and measurable public benefit.
Trustee’s Annual Report and Unaudited Accounts for the period ending 04 September 2025
CHARITY OBJECTIVES AND ACTIVITIES IN THE YEAR
In the reporting year, ICTBUK continued to focus on its primary objective: the advancement of Theravāda Buddhism through education, preservation, and cultural outreach. The charity aimed to increase public understanding and engagement with Buddhist teachings, texts, and heritage.
Key activities undertaken during the year included :
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Partnering with the British Library, the Wellcome Collection and the Manchester University Library to support the digitisation, cataloguing, and public presentation of rare Pali manuscripts, making important historical resources accessible to researchers and the public worldwide.
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We also have an ongoing partnership with Paramaththa Foundation (a Chairty registered in Sri Lanka) to support digitisation of historic manuscripts facing deterioration in order to preserve tangible heritage of Sri Lanka for posterity.
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Organising community workshops in London, Manchester, and Birmingham that introduced meditation practices, ethical teachings, and cultural aspects of Theravāda Buddhism in inclusive and accessible formats.
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Supporting the development of open-access educational resources to aid schools and universities in Buddhist studies.
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Delivering a weekly Sunday School programme via Zoom for children around the world, offering lessons on Buddhist ethics, stories from the Jātakas, chanting, and mindfulness activities.
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Hosting regular Buddhist sermons and talks led by senior monks and lay scholars, offering teachings on Dhamma and Pali scripture study to both local and international audiences.
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Facilitating meditation programmes and retreats, both online and in-person, to support the cultivation of mindfulness (sati) and concentration (samādhi) practices among practitioners of all levels.
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Welcoming visiting monks from Sri Lanka and accompanying them to view significant collections of Pali texts and Buddhist manuscripts held in British libraries and museums, fostering cultural and educational exchange
These activities reflect the charity's commitment to meaningful collaboration and public benefit, rooted in the principles of Theravāda teachings and aligned with its charitable purposes.
RESERVES POLICY
ICTBUK maintains a reserves policy to ensure the financial stability and sustainability of its operations and to protect its core charitable activities from unexpected financial challenges.
As of the end of the reporting year, the charity holds reserves totalling £14,000.
Trustee’s Annual Report and Unaudited Accounts for the period ending 04 September 2025
Purpose of Reserves
The charity's reserves are held to:
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Provide a financial buffer to cover essential operational costs in the event of unforeseen circumstances such as delays in funding or project disruption.
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Support the charity in meeting its ongoing financial obligations.
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Ensure the continuation of key programmes in the short term, should core income streams be interrupted.
Target Level of Reserves
The Trustees consider a minimum reserve level of £5,000 to be appropriate at this stage in the charity’s development. This amount represents approximately three months of essential operating costs, including administration, insurance and basic programme delivery.
On behalf of the Board of Trustees
……………………………………..
Madhurika Jayawardana Trustee and Chair Dated: 29/06/2026
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International Centre for Theravada Buddhism UK 1190129
Receipts and payments accounts CC16a
For the period 05.09.2024 04.09.2025
from
Section A Receipts and payments
Unrestricted Restricted
Endowment funds Total funds Last year
funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donation and Legacies 28,697 - - 28,697 37,180
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 28,697 ] - - 28,697 37,180
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 28,697 - - 28,697 37,180
A3 Payments
Charity Activities 28,352 - - 28,352 32,427
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 28,352 ] - - 28,352 32,427
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments [ 28,352 ] - - 28,352 32,427
Net of receipts/(payments) 345 - - 345 4,753
A5 Transfers between funds - - - - -
A6 Cash funds last year end 13,987 - - 13,987 9,234
Cash funds this year end 14,332 - - 14,332 13,987
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CCXX R1 accounts (SS)
02/07/2026
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature None Details Net of receipts/(payments) Cash funds last year end Details Total cash funds (agree balances with receipts and payments account(s)) None Details Details None Details None |
Unrestricted funds Restricted funds to nearest £ to nearest £ 345 - 13,987 - - - 14,332 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Madhurika Jayawardana |
Endowment funds to nearest £ - - - |
|---|---|---|---|
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 02/06/2026 |
CCXX R2 accounts (SS)
02/07/2026
2
29th June 2026 The accounts were approved by the Board on .................. Madhurika Jayawardana Trustee and Chairman Sujatha Wickramatunga Trustee Kasun Rajapakse Trustee
Report to the trustees International Centre for Theravada Buddhism UK CHARITY COMMISSION FO ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examlnefs Report On accounts for the year ended 0410912025 Charity no I1129 Set out on pages any) I report to the trustees on my examination of the accounts of the above and charity 1.the Trust") for the year ended 0410912025. Responsibilities basis of report As the charwWs trustees. you are responsible for the preparation of the accounts in attordante with the requirements of the Charities Act 2011 1.the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 201 1 Act and in carrying out my eKamination, I have followed all the applicable Directions Eiven by the Charity Commission under section 14515llbl 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 which gives me cause to believe that in, any material respect: the accounnng records Vre not kept in accordance with secrion 130 of the Charttses Act: or• the accounts did not accord with the accounting records- or• the accounts did not comply with the applicable requirements conceming the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2C(>8 other than any requirement that the accounts give a 'true and fair, view which is not matterconsidered as part of an independent examination. I have no concerns and have come across no other matters in connection with the eramination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Date: 0310712026 Signed: Name: W K K Kalutsntrige FCCA, ACMA Relevant professional qualification(s) body (if any): 443 Lynmouth Avenue or Morden Address: SM4 4SA Oct 2018 IER
Secllon 8 Disclosure Only cotnplete if the examiner needs to highLight aterial matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners) Give here brief details of any itetns that the exatniner wishes to disclose. J [
IER Oct 2018