2022-12-31-accounts - Meditation In Action

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	Trustees' Annual Report				31/12/2022
	For the period from		01/01/2022	To	31/12/2022

Section A Reference and Administration Details
Charity name Other names charity is known by Registered charity number (if any) Charity's principal address Names of the charity trustees who manage the charity Trustee name Office (if any) 1 Linda Vincent Chair 2 Grace Loveday Secretary 3 Trevor Fielding Treasurer 4 Nathan Glyde Chief Technical Officer 5 Juila Wallond 6 David Ashby 7 8 9 10 Names of the trustees for the charity, if any, (for example, any custodian Name N/A
					Meditation in Action

					N/A
					1193150
					Coach House
					Church Street
					PRESTEIGNE,Powys
					Postcode		LD8 2BS

	Trustee name	Office (if any)			Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
	1 Linda Vincent	Chair
	2 Grace Loveday	Secretary
	3 Trevor Fielding	Treasurer
	4 Nathan Glyde	Chief Technical Officer
	5 Juila Wallond
	6 David Ashby
	7
	8
	9


	Names of the trustees for the charity, if any, (for example, any custodian				trustees)
	Name				Dates acted if not for wholeyear
	N/A

Names and addresses of advisers (Optional information)

Type of adviser Name N/A	Type of adviser Name N/A	Address
N/A

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, Governance and Management

Description of the charity’s trusts

Type of governing document
	Constitution
(eg. trust deed, constitution)
How the charity is constituted
	Charitable Incorporated Organisation
(eg. trust, association, company)
Trustee selection methods
	Appointed by current trustees
(eg. appointed by, elected by)
Additional governance issues (Optional information)
Youmay chooseto include additional
information, where relevant, about:
· policies and procedures adopted for the induction and training of trustees;	The Trustees have agreed that as part of the induction process for new trustees, before anyone considers appointment as a trustee, they should familiarise themselves with the responsibilities of charity trustees, read the Charity Commission booklet on this subject and carefully read the Charity's memorandum and articles of
	association and its latest financial statements.
	The charity's structure currently consists of the Trustees listed above, with no trustee receiving any remuneration directly or indirectly from the Charity.
· the charity’s organisational
structure and any wider network with
which the charity works;
	Our charity’s events are listed on the website of SanghaSeva, a non-profit association which performs similar work outside of our charities domain
· relationship with any related	(Europe).
parties;

The Trustees have reviewed the major risks to which the Charity is exposed. Where practical and appropriate, · trustees’ consideration of major steps have been put in place to manage, mitigate or minimise those risks risks and the system and procedures to manage them.

Section C Objectives and Activities

Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) Youmay chooseto include further statements, where relevant, about: · policy on grantmaking; · policy programme related investment; · contribution made by volunteers.	To advance the Buddhist religion for the benefit of the public, in particular but not exclusively by participating in humanitarian and ecological projects and by holding events that promote Buddhist ethics and meditation practice so that participants (including volunteers) can learn greater awareness, resilience and care.
	We run meditation retreats at humanitarian and environmental projects for the benefit of the public.. For example, in 2022 we ran a 4 day Buddhist meditation retreat in Calais supporting the charity of Care 4 Calais, whom offer support to migrants and refugee applicants. During this time, as well as learning meditation in all activities through mindfulness and other techniques, participants from our group volunteered in the warehouses of Care 4 Calais in which ever way was most helpful. We made the cost of the retreat maximally accessible by using a sliding scale where some participants were able to come for less than the expense of hosting them, while others offered the support of paying a supportive rate. Later in the year we ran a retreat at the Centre for Alternative Technology in Wales to support their ecological work. For this event we made the retreat more accessible by offering an assistance fund for anyone of a lower income. The Buddhist meditations, again, utilised mindfulness as a practice skill for building calm, becoming stress-free, and deeper connection. We used these and other teachings for greater presence both in silence and stillness, but also in activities in the gardens and grounds.
	Additional details of objectives and activities (Optional information)

Section D Achievements and Performance

Summary of the main achievements of the charity during the year	This year we have run two socially or environmentally engaged Buddhist meditation retreats. These have each garnered good attendance, and received positive feedback from participants and the organisations we have run the events at. Due to flexible fees and bursaries we have been able to welcome participants from a diversity of financial background. Each event has, for the most part, covered its own expenses, and where any event was not able to fully cover itself, between them all the accounts have balanced. This places us in a good position for continuing, or even further expansion of, what we can offer in 2023.

Section E Financial Review
Brief statement of the charity’s policy on reserves Details of any funds materially in deficit Youmay chooseto include additional information, where relevant about: · the charity’s principal sources of funds (including any fundraising);
	The Charity does not deem it necessary to hold specific reserves for the following reasons; - low risk of unforeseen emergencies e.g no fixed assets held that might need reparising - low risk of unforeseen day-to-day operation costs i.e no employed staff - low risk of a source of income not being renewed i.e most retreats and events we run independently cover their own costs
	N/A
	Further financial review details (Optional information)
	Opening Account 1st Jan 2022 = £816,54. Closing Account 31st Dec 2022 = £ 3028,67, difference GBP 2212,13. This compares favourably with our estimated forecast, however, not all outgoing payments for the Earth Care retreat of 2023, have been taken into account yet, whereas all the event registration fees have been received. Our planned first event of the year was not run by Meditation in Action as the Unity Bank account was not ready in time. So income covers 3 events in 2022 + the first 2023 event (Earth Care). The only source of funds for the year 2022 were event registrations:

Section E Financial Review

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· how expenditure has supported the Except approx. GBP 8 were gained due to exchange rate differences in May whilst there was EUR Wise account activity for the Calais retreat. Total income for the year: £ 9720
key objectives of the charity;
The main expenses were accommodation £ 4961 and travel costs £ 1370. Total expenditure for the year : £7508.
· investment policy and objectives Difference Income to expenditure = GBP 2212.
including any ethical investment policy
adopted.
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Section F Other Optional Information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s) Nathan Glyde David Ashby
Position (e.g Secretary, Chair etc) CTO Trustee
Date 2022/07/20 2022/07/20
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Meditation in Action

Meditation in Action 1193150 Receipts and payments accounts For the period 1st January 2022 31st December 2022 To from

CC16a

Section A Receipts and payments

to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Endowment funds	Total funds to the nearest £ 9,712 8 - - - - - - 9,720 - - - 9,720 4,961 1,370 249 72 856 - - - - 7,508 - - - 7,508 2,212 - 817 3,029	Last year to the nearest £
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Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details Balance as of 1st January 2022 Cash funds for this year end Details Details Details Details Signature Gain due to exchange rate difference Wise Euro account May 2022 *Total cash funds* (agree balances with receipts and payments account(s))	Restricted funds to nearest £ to nearest £ 817 - 2,204 - 8 - 3,029 - OK OK Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - Amount due (optional) - - - - - Print Name Nathan Glyde Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates	to nearest £ Endowment funds
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			Date of approval
		Nathan Glyde	20/07/23