REOISTERED CHARITY NUMBER.. 1188W1 Re rt of the Trustee8 and Unauditsd Financial Statements OA rf12023 THAI BRI HT Sterling Accounting & Partners Lirensed Attountants (AAT) 243012440 The Quadrnrt Aztec Wes( Almond5bury, Brlstol, BS32 4AQ Email= inf sterlin*accountingLo.uk STERLING ACCOUNTING
WAT THAI BR8RI TON of the Financl 2022 030A ri120 P4• Reportof the Twst• Ind•ponderrt Ex•mln•rf¥ R•port statem•nt of Finan¢lal A¢tlvlll•• B#lan Sh¢•t Notes to th• Flnanclal Staten*nts 5t06 ()•t411•d St•t•m•nt of FSnAncthl A¢tl¥lti
WAT THAI BRIGHT Tru Ma Object1 arvj Activllle• The charty has bèen set up to promdè Theravada Buddhism for the publ,3 benèfft in England and Wales and beyond. in particular for education and tr81ning. relKJious actm1, awcsjlturelherrtagelscience, human rights, r81igv)us raaal harmonylequ81ity or dw•rsty ant1 other thartable purpos0& The aim is to help thg gen•Yl publthnankj.nd induding childffjn. young pgople, •k1ety rOnS. peop18 wth disgbllrti•s. 811 of any particular ethnic or rxral orwJin by provkling vanous ackn and adwce in the tèmple. Th¢ trusts•s prosgnt th•ir report wth th¢ thancA slaterner15 of the charty fc¥ the penod 1 IAay 20> to 30 April 2Q3. The steés hav• 8&)pted the pm1s$ ol knwntfftg and Report"ng by Ch8ritia8 Statement of Rtcommended Pr•ctice applica• to ¢h8riba¥ prepanng their x£tyJrts in Iho F•11 Reporf>nq I1¢1• in th• UK and Republ of Ireland IFRS 1021 1•ffe 1 20191. The charrty hod an unusually succK$ful perYJJ in thè Lg8t financial yr and despite the T•mpl• •ffort6 wer• unabl? lo achlgve th• same rttutts lor this ffnanci81 year Th•re has been •xtensiv¢ tediou$ wotl( Invofved this y¢ar in ftVIng and ettling into nw prtsmises at th• en¢J ol th8 last finanei81 yaar and thi$ has taken its toll on weryono's t+mè H•ne• th6 ch8rtywas un8ble to ¥p6n¢Y 8$ mtjch tjrng ralsing bjnds and don8tK)ns from th&ir nomwl fijnd-raiging events. An upslde was that more p8ople attfjnded thé new Temple and left ¢Jonation$ to support thè Tery1 but unforturtoty due to the bleak present economtc th'm•$ end•avored, co$1 of liwftg cn%s and r•ging infljlion voluntsry tjonth'ons hav8 b8en knw this year. Thls year, Ihg temple did attr8Ct peop Intèrosted in partlCiP91ing in rlvJicyJs actNrtiès Bueh as l•$lNa18 and other activitts, but donat'ons were unfortunat•ly d{n by 40.74% compared to the atTr)unl olck)nation8 fromthe previous yèar. Th1ompl• Illll has tho oblctNe of Incr•asing relKJious a¢lfvrtle8 that people are Interested in and to help $oci8ty in thè local 8M•$ and n•8rby to tom• together in the n•xt year. STRUCTURE, GOVERNANCE ANO MANAGEMENT (3ov•ming docum•nt The ch•rlty Is controN•d by ts 10mIng a deed oftrust and r#Jnst¢tsJt68 4n unin¢orpor•t•d chanty. REFERENCE AND ADMINISTRATIVE DETAILS R•gl•tsi•d Ch•rlty numl>•r 1195220 Prlnclpal Tru•tw• Mrs. Aroonsrt Addls lappolnt•d 15.Cfj.2Q211 V•n•rabJ• en A&xand•r lappointsd 15.11.2022) Mr. Kevln Ell l•ppointsd 31.01.2ir241 Independent Examlngr Mr. Yupin Boi*ham lapw'ntsd 01.02.2(roi V•nerat4e Kharnwèan Nhvatchai18PPOirted 31.01.20241 Mr. Chrr6 Wmn l•ppoénted 31.01.20241 censed Accountants IAATI Sterling Accounts"ng & Partn8r 2430r2440 Thè Qu8¢Jrnn( Aztec West 85101 B832 4AQ Approved by orde of e board oltru5te8son..........................................- and s19rd on its behairty. IIK)tt- Trust•e) 2) r. Chiis Wannan- Trustse) Pap1
tsdent Exaniner Trusteesof Independent mIne0 reFQrtto th•trustées of WAT THAI BRIGHTON I report to thè charity trustees on my exaninakn ofthe )Unts ofWAT TPiAI BRIGHTON lthe Tnjstl for tha period 1 May 2m to 30 4>ri12EI Re¥ponJibilllte8 and basls ol reFOrt As tha charty trustèes ol the Tru5( ytyJ are r¢sporffjiNe for thè PpalOn of the accounts In oceordancg With the requir•ments ofth& Ch8rits•s Ac 2011 Ilhe Acr}. I report in resp•Lt of rrty ex8•nabOn of the Tru¢s accourts tsr[d undw sethn 145 of the Act and In carying out my •xaminat)n I applUb DlrxlioJ 9N¢n by tl)e crty Comrrission under sethon 14515Xbl ofthe Act. Ind•pend•nt examlnèrf• staement I havè compltrted ry examination. I confim th8t no nmtsrial matters haNB COM to nTy attenth)n in conn¥¢"on wth the ¢xamination gNing caus• to bgliève thal In any matenal resp<'. acuntsn9 records nct kept In resp•etofth6 Tr[t as requirad by Jion 130 of th& A¢ th• kccx)unts do ncl acccwd IhLW rec¥)rd8' or the 8w)unts do not %Mth thè 8pplic4ble WulTrnts cxKnln9 thtr fomi and c¥)ntent of ac£(Junts $&t out In thé Charth"es (Aceounts and Roportsl Regulatson$ 2Cth ¢)therthan any wuiromer(( Ihat th• occounts givo a tIU8 And 1alrviwbthhIs not a nwar o)nsidered 0$ Fqrt of•n ind•F¢nd6nl examinath)n. I hava no con¢•m$ Ind have cLJrr across no other matter5 in Cne(n wth the ex8ninalon to which attontK*n Should b¢ drawn in Ihls report in orderto anab a prwr uTrdetstsnding ofthe ac¢ounts lo be rgached. rrt (Mrs. Arrada Sewelll Bse (Honsl Acc. and Finance. uC&n$ Accountants IAATI 2430r2440 The QuadranL Azte¢ West 8st01 B832 4AQ Date: 25 June 2024 Page 2
WAT THAI BRI(>1 ON nt01Fin ncialActivitle8 Unrestrictsd nd INCOMEAND ENDOWMENTS FROM DonalK)ns and legaaés 48,670 EXPENDMJRE ON Charable x¥viti•• ReligKJus actwthes 44,378 Total NETINCOME Totsl Funds Brought Forward TOTAL FUNDSCARRIED FORWARO 12,5481 22,239 19.691 The Thjtes part ofthese fnCial ststsnts Pag• 3
WAT THAI BRIGHTON ncl Sh At 31 ArKil 2023 Unrè$tn"ctad lund Unrestricted fiJnd ASSETS Non - current ¥ets Tangible assets Not•$ 4.583 3,388 Curr•nt •¥••ts 4.MJ 3.388 Cash at bank Cash in hand 10.330 5,467 15.025 LIABIUTIES Credttor amounts tslling due within ong year 16001 TOTAL ASSETS LESS LIABILITIES NET ASSETS 19.691 FUNDS Unr•$lrictad funds 12,5481 22,239 TOTAL FUNDS 22 Th8 tlnancial ststsmonts r¢ appmed by the 8oard oltrustè8S ond gutheri8•d for Issu• on 26 Jun• 2tr24 and r slgntsd on tts b8half by . (MT. K•MTr Elli¢)tt- Trust9•) 21 Mr. Chiis nY- Trust¢o) Thè notes fDm part ofthes•tharKial sn*nts Pagè 4
WAT THAI BRI(>ITO NotestotheFinancial St8temènts eri ACCOUNTING POLICIES 8asl8 ol preparlng the finahclal statemtnts The finanaal statements of the tharty, ts a Publ b8n8fft tity under FRS 1tY2, hwe b8èn praparerj accordan wth the Chart"es SORP IFRS 1(r21'AaUntyng and Reporttng ty Chants". StennI ofRecomnYnded Practrx aFpliCa to chantes preparing t'r ac£ounts in accordance wAh the Finanaal RePo"ng Stsndard applKable in the UK and Republ of Ireland IFRS 1(r2} (effe 1 January 20191,. FInarla1 Re[)9 Standard 102 The Financl RepKJrb"ng Stsrvjard apptscabk in thé UK and Rèpubl of Irelanrf and the chant Act 2011. Th¢ f8181 statennts hav8 bean prepargJ underthe hthrical c0sttsjnve"oTr. Incon All incom& is r8eognised In the Staterr¢nt of Finantsal PctfvrtS once thè charty has 8ntitJ8mtrnt to the funds. it is probable that th incomè will bs recgwed, and the arrUnt can b& m8a$ured r81iabty. ExndItur Li8bilthes are reccgnised as expen¢Jthre as 500n as thwe Is alogal or construth• obligation conThth"ng th? charity to th8t trxpendrtU, it1$ prObae that a tsansfer of benallts wll bo required In setueml and the amount orthe ob11gthc can be rrtaSud re1py. Expendrture is )Urld for on an a¢¢nJaLs basrs and has been e&ssifi&d un4er htsadings that aggr•gate all ¢J)sts relatsd to the catggory. kn costs cannot b& direclty atiributed to particular heading5, they havo been allted to aCS on a basts consistsntvthh the u$? of r•souir Tawlbl• flx•d u••ts Dopr•ciation is pwd•d at th• folln9 annual ratss In orderto off 88th asset over rt8 88kn.mted u8efiJl life. Fr••hold buiklings- over 50 yeara Leasehold18nd and buildings - overlh• laa8• term Plant and machinèry - Cwer 5 years FLKturts, Fittings, tools and quipnt- 01 S y•• Motor vahiele8- over 5 years Computer and Equlpmgnt- o¥w S yèarn Taxation The charty is èxempt from tsx on its ¢haritabkn ac. Fund acp)urtlng Unr95trtetad fund$ ¢an used th 8¢xoan(¥ rth the chartablè obiecb'V at th¢ der•On ofth• trustees. R081rlthd lunds ¢8n only bts usgd ltsr rulr r•strKtsJ purpc40¥ vAthin th• oblocts of th• ¢hadty. Rv¢KIc¥)? alse bth8n $poc#fied byth• dcw funds 8t9 rats•d forrti¢&r restn"¢tsd purw58S. Further oxnation ofth• natur• and purpm of trach fvnd ts Inc4ud•J in th• ntstes to th• ftnancwl $tatewTrts. TRUSTEES. REMUNERAnON AND BENEFITS There r0 no trustees, rèmun•r8ti)n or otr beneffts forlhe perifys ended 30 April 2023. Tru•tw' expen•eB TANGIBLE FIXED AS8ET8 Offlco ènd EquipThnt COST At l Mty 2022 Adth'tions NKT BOOK VALUE At 30 Apnl 2023 3,388 DEPRECIATION At 1 May 2022 Charga for yè8r At 30 April 2023 NET BOOK VALUE At 30 April 2023 At 1 May 2022 4,563 Pagé S conl'nued...
WAT THAI BRII>IT NotestotheF ancial statthnts.cont CREDITORS: AMOUNTS FALUNG DUE wifHIN C4EYEAR Accrued expens8S Total 809 MOVEMENT IN FUNDS Net mov¥rnenl In funds At 30.4.23 Unrestrl¢t•d lund8 Genorthl fvnd 19,891 (2,5481 TOTAL FUNDS 19,691 (2,5481 Net movenxnt in fvnds, Indud•d In th¢ ab aro as fC4l)v.' Ineorln9 rg¥our¢e8 R08ource6 •xpended In ftjnds Unrn•tslct•d fund• G•n8ral lund 48,870 161.218) (2.5481 TOTAL FUNDS 48.670 151.2181 12,5481 RELATED PARTY OISCLOSURES Thèr8 wer• no r•lal•d party tranb)n$ foi the n0d onded 30 April 2024. Page 6 6.*.-&4-
WAT THAI BRIGTrffON of Financial Activitie6 eP riod1Ma INCOME AND ENDCWMENTS Donation¥ and legaei Donations Rtsligious actMkn&s Total In¢omlng resource• 4,730 43,940 48,670 EXPENDITURE Chwltable avIlle• Event expens$$ Foo¢J & drink Travel Visa fe06 6,870 3,758 6,840 17,488 Support ¢o•ts Manag•ment Rates and watsr Insurane• Telephone Post8g• and stslK)n•ry Repairs Subs¢niions R•nt Cleaning Tralning n6ral exp•nso8 Donations DepreLiat'on 6,487 417 1,039 299 10.eLKJ 4,245 3,860 28,860 Flnancè Bank ch4rg•1 103 <>)v•rnanc¢ ¢o•t• L•gal fees A¢¢ountsrJcy 4.197 6CQ 4,797 Total rosourcs 8xpended Net Income 51,218 12,5481 Thi6 pag• does not forn) part ofthe stabjtory financ1 statgments Page 7