2022-08-31-accounts - Nalanda Ltd

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	THE ADVANCEMENT OF AND EDUCATION IN THE BUDDHIST RELIGION
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	ENCOURAGING MEMBERS AND OTHERS TO LIVE IN ACCORDANCE WITH THE TEACHINGS OF THE BUDDHA
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Establishing a Buddhist centre where members and the public can congregate

	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
Other

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The Charity throught the trustees and members organise event to promote Buddhist teaching and receives donation from the public. The Charity predomitely work within the Vietnamese Buddhist community and over the years the charity helps vulerable Vietnamese to intergate into the society and helps to settle life in the UK. The charity regugarly donates to larger trusts like Children in needs and Turkey and Syria earthquake appeal.

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	the last fnancial year, the charity purchase a property to be use as a centre whic
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The holding reserves will be use for contingency in case of minor and major work on the buidling centre#]'
Amount of reserves held	Para 1.22	4,500
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Members monthly donation Event fundrasing
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Cerfcate of incorporation
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated Associated
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	trustee select and voted by members

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Charity name	Nalanda Ltd
Other name the charity uses
Registered charity number	8190088

Charity’s principal address	83 brookhill road, woolwich london se18 6tt

	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	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) entitle to appoint trustee(if any)
1	Huyen Le	Chair	02/01/2021
2	Hung Manh Nguyen	Trustee	02/01/2021
3	Thu Thi Nguyen	Trustee	02/01/2021
4	Thi Hoi Nguyen	Trustee	02/01/2021
5	Lien Thi Hoang	Trustee	02/01/2021
6	Hai Niem Tran	Trustee	02/01/2021
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Corporate trustees–names of the directors at the date the report was approved	Corporate trustees–names of the directors at the date the report was approved	Corporate trustees–names of the directors at the date the report was approved
Director name
Huyen Le	02/01/2021

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for wholeyear
Huyen Le	02/01/2021
Hung Manh Nguyen	02/01/2021
Thu Thi Nguyen	02/01/2021
Thi Hoi Nguyen	02/01/2021
Lien Thi Hoang	02/01/2021
Hai Niem Tran	02/01/2021

Description of the assets held in this capacity	Build asset property 83 brookhill road, woolwich
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	Asset owned by the charity and to be use for charity purpose.
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser	Name	Address
Admin adviser	Song Nguyen	65 holmesdale road, bexleyheath, DA7 4TJ



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

Reason for non-disclosure of key personnel details

declare that they have approved the trustees’ report above. half of the charity’s trustees Signature(s) Full name(s)

Date