||**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**|**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)**||
|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 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)**
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 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**
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)**|
||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**
**----- Start of picture text -----**
Signature(s)
Full name(s) Nathan Glyde David Ashby
Position (e.g Secretary, Chair etc) CTO Trustee
Date 2023/09/26 2023/09/26
**----- End of picture text -----**