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2024-12-31-accounts

1
Trustees' Annual Report
For the period from
01/01/2024
To
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
0
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)
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
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)
(eg. trust deed, constitution)
Youmay chooseto include additional
information, where relevant, about:
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.
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).
· policies and procedures adopted
for the induction and training of
trustees;
· the charity’s organisational
structure and any wider network with
which the charity works;
· relationship with any related
parties;

Constitution

Charitable Incorporated Organisation
)

Appointed by current 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.
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.
In early 2024, we held a retreat on Dartmoor, where participants volunteered with Moor Trees to support their ecological work. To make the event more
accessible, we offered a bursary fund for those on low incomes. The retreat focused on Buddhist meditation practices, using mindfulness to cultivate
stillness, reduce stress and foster deeper connections. Participants engaged in both silent meditation and mindful activities in the gardens and grounds.
Later in the year, in Calais, we organised a four-day Buddhist meditation retreat in partnership with the charities Care 4 Calais and Refugee Community
Kitchen that support migrants and people seeking asylum. Alongside learning mindfulness and other practices, participants volunteered in the Care 4
Calais warehouse and Refugee Community Kitchen kitchen wherever their help was most needed. To ensure accessibility, we used a sliding scale for
retreat costs, enabling some participants to attend for less than the hosting cost whilst others contributed at a supportive rate.
We also ran two very affordable day events at Tower Hamlets Cemetery Park. These days combined meditation with positive action in an inner-city
wilderness park, offering participants a chance to practise presence whilst engaging with the natural environment.
Additional details of objectives and activities (Optional information)

Section D Achievements and Performance

Summary of the main achievements of
the charity during the year

In 2024 we hosted four socially and environmentally engaged Buddhist meditation retreats. Each was well attended, warmly received by participants, and
appreciated by the partner organisations with whom we collaborated. Thanks to flexible fees and bursaries, we were able to welcome people from a wide
range of financial backgrounds.
Financially, the events have been sustainable: most covered their own costs, and where one or two fell short, the overall accounts balanced across the
year. This leaves us in a strong position to continue our work in 2025, with the possibility of expanding what we can offer.
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 on 1 January 2024 was £4,780, with a closing balance on 31 December 2024 of £6,715, giving a difference of £1,935. This outcome
compares favourably with our forecast, although not all outgoing payments for the 2025 Earth Care Retreat have yet been taken into account, while most
event registration fees have already been received.
Income for the year covered four events held in 2024 as well as the first event of 2025 (Earth Care).

· how expenditure has supported the Sources of funding in 2024 included event registrations £8,270, donations £728 and mistaken payments £100 which were subsequently refunded. An key objectives of the charity; additional £3 was gained through bank interest. Total income for the year was £9,101.

The main expenses were accommodation £4,809, food £1,493, travel £254, reimbursement of erroneous payments £488, and exchange losses between · investment policy and objectives Euro and GBP of £50. This gave total expenditure of £7,166. including any ethical investment policy adopted. The difference between income and expenditure was £1,935.

Section F Other Optional Information

Section G Declaration

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

----- Start of picture text -----
Signature(s)
Full name(s) Nathan Glyde David Ashby
Position (e.g Secretary, Chair etc) CTO Trustee
Date 2024/09/26 2024/09/26
----- End of picture text -----

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Meditation in Action 1193150
Receipts and payments accounts CC16a
For the period 01/01/2024 31/12/2024
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Event Registrations 8,270 - - 8,270 11,233
Donations Received 728 - - 728 388
Mistaken Payments (Received) 100 - - 100 5,763
Bank Income 3 - - 3 7
FX Impact - - - - -
Misc - - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 9,101 17,390
AR) [ 9,101 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 9,101 - - 9,101 17,390
A3 Payments
Events - Accommodation 4,809 - - 4,809 7,769
Events - Food & Drink 1,493 - - 1,493 1,891
Events - Travel 254 - - 254 502
Bank Charges 71 - - 71 74
Donation to Charities - - - - 96
Mistaken Payments (Refund) 488 - - 488 5,512
Retreat Refund - - - - 268
FX Impact 50 - - 50 -
Misc - - - - -
Sub total [ 7,166 ] - - 7,166 16,112
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 7,166 - - 7,166 16,112
Net of receipts/(payments) 1,935 - - 1,935 1,278
A5 Transfers between funds - - - - -
A6 Cash funds last year end 4,780 - - 4,780 3,501
Cash funds this year end 6,715 - - 6,715 4,780
----- End of picture text -----

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
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
(agree balances with receipts and payments
account(s))
Details
Cash funds at 01/01/2024 (Unity Trust Bank)
Cash funds at 01/01/2024 (Wise)
Net cash receipts in 2024 (both accounts)
Total cash funds
Details
Details
Details
Details
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
4,230
-
550
-
1,935
-
6,715
-
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
Nathan Glyde
David Ashby
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
28/09/2025
28/09/2025