1 ||||||||| |---|---|---|---|---|---|---|---| ||**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)**|| |You**may choose**to 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)**
You**may choose**to 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**
You**may choose**to 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** **----- Start of picture text -----**
· 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.
**----- End of picture text -----**
## **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
**----- End of picture text -----**
## _**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** |**A1 Receipts**
Event Registrations
**9,712**
FXgains
**8**
**-**
**-**
**-**
**-**
**-**
**-**
**9,720**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 9,720**
**A3 Payments**
Accommodation costs
**4,961**
Travel costs
**1,370**
Food & Drink
**249**
Bank charges
**72**
Miscellaneous
**856**
**-**
**-**
**-**
**-**
**_Sub total_ 7,508**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 7,508**
**_Net of receipts/(payments)_ 2,212**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**817**
**_Cash funds this year end_ 3,029**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**|**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 £**| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||| |||||| |||||**-**| |||||**-**| |||||| |||||**-**| |||||| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||| |||||| |||||| |||||**-**| |||||| |||||**-**| |||||| ||**-**|**-**|**2,212**|**-**| ||**-**|**-**|**-**|**-**| ||**-**|**-**|**817**|**-**| ||**-**|**-**|**3,029**|**-**| ## **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**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Nathan Glyde|20/07/23| |||||