2023-12-31-accounts - Meditation In Action

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	Meditation in Action 1193150 Receipts andpayments accounts	Meditation in Action 1193150 Receipts andpayments accounts	Meditation in Action 1193150 Receipts andpayments accounts	Meditation in Action 1193150 Receipts andpayments accounts	Meditation in Action 1193150 Receipts andpayments accounts
	Meditation in Action				CC16a

	For the period	1/1/2023		12/31/2023
	from		To

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £	Restricted funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £
Event Registrations	11,233	-	-	11,233	9,712 - 8 - - - - - 9,720
Donations to Charity	388	-	-	388
Bank Cashback/FX Gains	7	-	-	7
Mistaken Payments(Received)	5,763	-	-	5,763
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
Sub total (Gross income for AR)	17,390	-	-	17,390

A2 Asset and investment sales, (see table).
	-	-	-	-	- -
	-	-	-	-
Sub tot	al - ts 17,390	-	-	-
Total receip A3 Payments				17,390
		-	-		9,720

Events - Accommodation	7,769	-	-	7,769	4,961 249 1,370 170 686 72 - - - 7,508
Events - Food & Drink	1,891	-	-	1,891
Events - Travel	502	-	-	502
Events - Registration Refunds	268	-	-	268
Events - Donation to other Charities involved in	Events 96	-	-	96
Bank Charges	74	-	-	74
Mistaken Payments (Refund)	5,512	-	-	5,512
	-	-	-	-
	-	-	-	-
Sub tot	al 16,112	-	-	16,112

A4 Asset and investment purchases, (see table)
	-	-	-	-	-
	-	-	-	-
Sub tot	al - ts 16,112	-	-	-
				16,112
		-	-		7,508

	ents) 1,278	-	-	1,278	2,212
	-	-	-	-	- -
		-	-	3,502
		-	-	4,780	2,212

Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	end of the period	end of the period
		Unrestricted	Restricted funds	Endowment
Categories	Details	funds		funds
		to nearest £	to nearest £	to nearest £
B1 Cash funds	Cash funds at 01/01/2023 (Unity Trust Bank)	3,029	-	-
	Cash funds at 01/01/2023 (Wise)	473	-	-
	Net cash receipts in 2023 (both accounts)	1,278	-	-
	Total cash funds	4,780	-	-
	(agree balances with receipts and payments
	account(s))	OK	OK	OK
		Unrestricted	Restricted funds	Endowment
		funds		funds
	Details	to nearest £	to nearest £	to nearest £
B2 Other monetary assets		-	-	-
		-	-	-
		-	-	-
		-	-	-
		-	-	-
		-	-	-
	Details	Fund to which asset belongs	Cost (optional)	Current value (optional)
B3 Investment assets			-	-
			-	-
			-	-
			-	-
			-	-
	Details	Fund to which asset belongs	Cost (optional)	Current value (optional)
B4 Assets retained for the			-	-
charity’s own use			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
		Fund to which	Amount due	When due (optional)
	Details	liability relates	(optional)
B5 Liabilities			-
			-
			-
			-
			-

Signed by one or two trustees on behalf of all the trustees	Signature	Print Name		Date of approval
		Nathan	Glyde	2024.10.01
		David Ashby		2024.10.01

1
	Trustees' Annual Report
	For the period from		01/01/2023	To	31/12/2023

Section A Reference and Administration Details
Charity name Meditation in Action Other names charity is known by N/A Registered charity number (if any) 1193150 Charity's principal address Coach House Church Street PRESTEIGNE,Powys Postcode LD8 2BS 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) 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 trustees) Name Dates acted if not for wholeyear 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 Name of chief executive or names of senior staff members (Optional information)	Address

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 organisational	The charity's structure currently consists of the Trustees listed above, with no trustee receiving any remuneration directly or indirectly from the Charity.
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 that does similar work outside of our charities domain (Europe).
· relationship with any related
parties;
	The Trustees have reviewed the major risks to which the Charity is exposed. Where practical and appropriate,
	steps have been put in place to manage, mitigate or minimise these risks.

The charity's structure currently consists of the Trustees listed above, with no trustee receiving any remuneration directly or indirectly from the Charity.

Our charity’s events are listed on the website of SanghaSeva, a non-profit association that does similar work outside of our charities domain (Europe).

The Trustees have reviewed the major risks to which the Charity is exposed. Where practical and appropriate, steps have been put in place to manage, mitigate or minimise these risks. · trustees’ consideration of major 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 2023 we ran a four-day Buddhist meditation retreat in Calais to support the charity Care 4 Calais, which provides support to migrants and refugee claimants. During this time, as well as learning meditation through mindfulness and other techniques in all activities, participants in our group volunteered in the warehouses of Care 4 Calais in whatever way was most helpful. We made the cost of the retreat as accessible as possible by using a sliding scale, so that some participants could come for less than the cost of hosting them, while others could pay a supportive rate. Earlier in the year we ran a retreat on Dartmoor where we volunteered with Moor Trees to support their ecological work. For this event, we made the retreat more accessible by offering a bursary fund for those on low incomes. The Buddhist meditations again used mindfulness as a practice skill for building stillness, becoming stress-free and deeper connection. We used these and other teachings for greater presence, both in silence and stillness, and in activities in the gardens and grounds. Furthermore, we also offered two very affordable day events with Tower Hamlet Cemetery Park. We offered a day of meditation and positive action in this inner city wilderness park.
	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 four 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 2024.

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)
	Account opening 1 Jan 2023 = £3,502. Closing account 31 Dec 2023 = £4,780. Difference £1,278. This compares favourably with our estimated forecast, but not all outgoing payments for the 2024 Earth Care Retreat have been taken into account, while most of the event registration fees have been received. The income covers 4 events in 2023 + the first event in 2024 (Earth Care). Sources of funding for 2023 come from event registrations, donations and mistaken payments (which have been refunded): Except for about £7 gained due to exchange rate differences while there was activity in the EUR Wise account for the Calais retreat. Total income for the year: £17,390.
	The main expenses were accommodation £7,769, food £1,891, travel £502 and reimbursement of erroneous payments £5,512. Total expenditure for the year: £16,112. Difference between income and expenditure = £1,278.

Section E Financial Review

Note a discrepancy between the closing balance for 2022 and the opening balance for 2023. The £3,502 noted above and in this year's accounts includes two overlooked event registrations for a 2023 event which arrived in our Euro bank account towards the end of the year in 2022, whereas the previously recorded and reported £3,028 did not.

been received.

The income covers 4 events in 2023 + the first event in 2024 (Earth Care).

Sources of funding for 2023 come from event registrations, donations and mistaken payments (which have been refunded): Except for about £7 gained due to exchange rate differences while there was activity in the EUR Wise account for the Calais retreat. Total income for the year: £17,390.

The main expenses were accommodation £7,769, food £1,891, travel £502 and reimbursement of erroneous payments £5,512. Total expenditure for the
· how expenditure has supported the year: £16,112. key objectives of the charity;

Difference between income and expenditure = £1,278.

investment policy and objectives Note a discrepancy between the closing balance for 2022 and the opening balance for 2023. The £3,502 noted above and in this year's accounts
including any ethical investment policy includes two overlooked event registrations for a 2023 event which arrived in our Euro bank account towards the end of the year in 2022, whereas the adopted. previously recorded and reported £3,028 did not.

Section F Other Optional Information

As mentioned above please note a discrepancy between the closing balance for 2022 and the opening balance for 2023. The £3,502 noted above and in this year's accounts includes two overlooked event registrations amounting to £474. This arrived in our Euro bank account towards the end of the year in 2022. The previously recorded and reported £3,028 did not include this amount.

Section G Declaration

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

Signed on behalf of the charity’s trustees

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Signature(s)
Full name(s) Nathan Glyde David Ashby
Position (e.g Secretary, Chair etc) CTO Trustee
Date 2023/09/26 2023/09/26
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