REGISTERED CHARITY NUMBER: 1199685 WAT THAI SOUTHEND REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Charitable Incorporated Organisation England and V4ales
WAT THAI SOUTHEND CONTENTS Rèpjrt ofthe Truslees 1-6 Independent Earnin8¢s Report statement of Finanaal Acti$ Balance Sheet Notes to Ihe Finaneial Statemerts 112 Detslled Statement of Financial Aclivities 13
WAT THAI SOUTHEND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 The charty trustees present th•r •nrwl report aThJ ststements the year erfrJBd 31 fkcewthr 2025. Wal Thai Soutt7end 1$ a Chantable Inc(ry>raled Organisation {CIOI registered in England and Wales. The financial statements ha been prepared in accord¢e with FRS 102 axl CharrtEs S(YIP {FRS 102). seeu)d è(h"b"on (October 2019}, applicable to rekK)rtirrfJ periods begInng before 1 January 2026. OBJECTIVES AND A1VITIEs Charitable purposes The purpose of Wat Tha Southend ks to pIone Theravada Buddhism for the Thai communty atyj forttr WJtrAic benefrt in the Southen(koTrSea area of England arKI bed, in parb"cular. tyjt [1 exclusivdy. by. ' ultimalety establishing a pmanenl lemF4e Wle the Dhanma be stLJied taught and where medrtation can be prathsed: ' Using the teaching of Theravada BLwJdhism arKI medrtthn to benefft the Thai ¢ommunty and Wb1., ' providing SUPPOrt to 8uddFy'st monks and nuns in thgr studies 1 pastoral duties.. . r81sing public awareness of Theravada Buddhism. Activities The temple is open lo the public by apF0intn{ throughxrt thè yèar. Bewse the terrple hall Is relabvety small. the number of w511ors al any one time Is linyled. Monks, suprterS and 51t0 partlpe in rrKJmmg and èverting ¢htIng fdlowed by Me¢Jrtati, and activities are also made available onh.ne by live 5trearr¥ng. Vlsilors are wekomed to the terne and may in tht eaty lunch. fi)Ikr•ed by a bless by Ihe rThJnks. BLMSthist ¢eremonies arè hèld throughout the year c41 swrFKant BL*Jdhist day5. Larger events, induding Kathtna and Songkran ITh¥ New Yeao, are at hired ptsb1 pMS such as Runnymede Hall, Thundersley, which can accornmodate up to attendees. These events indude chanting. frmxl offenngs to monks and attendees. and communty ¢debrati(. L1 taurts have also tjeen used fty events attracting up to approximately 100 peopb. The monks 8180 visit outside or9anisats.ons arKI Vate preffises lo derrw6trate and madrtation and Io c(XKlvct traditional blgssing5 Wat Thai Southend has Home offi sponsotship ststus. enablirwJ the charity to sponsor MckS to visit the United ngdorn for of up lo hvo years. suw to the appIae ¢dOnS. Volunteers The charity relies s¢gnfficanUy on volunteers. The Irustees thank all vdunteers fcf the time and prath.cal SUPFVrt they give lo the temple and its ath"vrb"es. Publi¢ benefit The Iruslees have had regard lo the Charity Commission's guidanee pubh"¢ bentrfftwhen planniThJ and reviewing the charity's acbvitiès. The actiwties described in this report are Irrtended to a(fr4ancE the chanty's purwses and to make its religious. meditation and ccmmunty aCtiV"t$ avWlale to the publK. Dunng the year the charity's publiG-tenefft actmties indLthd ndton waciKe and onn• talk6," shop. restaurant and house blessing CereMles,. Vesak Day ObServaeS.. Tod Phapa robg-offgrwvJ ¢¢remonies" Buddhk%l funeral cerèmtsni. and prayer and medrtats.on orerrb)nies.
WAT THAI SOUTHEND
REPORT OF THE TRUSTEES - CONTINUED
Meditation practice and Dhamma talks
Monks welcome members ofthe public who are interestoj in meditation and Dhamma teachings. Talks explain
8uddhist princAples and Ihwr application in daity lrfe and may also be t1vad$t ¢¥*ine. Meditation prac 1$ offeraj as
means of developin9 mindfulness, wisdom and awarene5S.
Blessing ceremonies
At the request of Membe of the communty. fTV)nks may ccffiducl tradrtiona BdhISt tAessirKJ ceremonies * homès.
shops and restaurants. These WWlKsnies irlude ar the tradrt]"
WAT THAI SOUTHEND REPORT OF THE TRUSTEES - CONTINUED FINANCIAL REVIEW Total income forthè yearwas £3S.2{2024.' £39.1421. all frrxn IallonS and lega(ies. Total eXdrtVrE was £46.610 12024.. £35.3971. resulting in net eXpendIbJ 01£12.7CB (2024.. net inLYme of £3.7451. Total funds at 31 December 2025 were £41.343 {2024." £54,051), all ofwhich were Unre$th.Ct. At thè year end the chanty held cash of£24.511. tangiWe ed as59ts wth a nel Ixok value of £18.332 and cfylrtors due within one year of £1.500. The Increase In eXpendrtU ccffnpaB(I wth 2024 art)se prinopally from the fvlpyear o)st of th• trnple building rent togather wrth higher ¢eMonY, insurance. repair and mannance eosts. pardy offset by lower travel and utilty costs. The ttUslee8 are gfdtelul to all donors supporters whose contrilxFbons enable tr tharity to ¢ts)tiThJe its r¥b"gious and community &tiwties. Reserves policy The charity's Inefft is recerved around rts m74or events. parts in Aprl and Odober. The trustg9s ther8fore consider it prudent to retain free reserves equivalent to appro¥imatety six mnths of nmal expeThJrture. Using average nK)nthly expenditu of approximatety £3,C. the et level of freè reserves is £18.000. Total Untn'cted fvnds 8131 Dernber 2025 41,343 Le88'. tarKJible fixed assets 118.3321 Free iewves 23,011 Re8erves poJiLy tsrget 18.¢XX) Free reseNes above tget 5.011 The free SeNe$ of apwoximately £23.C(Kl were ef¢e thjt £S.LKKI atw)ve the target level. The trustees cons¥J8f this modest excess reasonable in the conlexl of Iluduab"n9 dt)nation IrMe aThl int to keep the level of reserves uniJer review during the r)ext accounting year. The Trustees are awaie that the Donabons rrIed l espeuaty those reeetvad at Temple I have been in decline. The nutnbe¥ of Monks ha$ been increased in 2026 and the Trustèès arp Wimistic ts¢ Donat)ns recer¥ed at tt temple will improve. PremSses The Temple and Ch¥rity is bas8d al 127 Cadingknd Dn"ve. Vvestdiff on Sea. Essex SSO OSD where the BLNJhist Monklsl also reside The premises is ¢Nned by one ofthe Tntstees rented under a Tenancy AgreeThnt to Wat Thai Southend at o di8counted rate.
STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document Wal Thai Southend is a Charitable Inc¢xporaled (kganisation Those only Voting nmbers arg its thanty tsustees. 11 is govèrned by It$ ¢onstitub"on, last anded on 13 Juty 2022. Recruitment and appointment of trustees Ml trustees serve on a voluntary basis. New tnJst8ès are sek¢ted havry regard to thw"r skills. experim and 8uitats.lty to contnbute to the work and collectivè rpsFYsibilities ofthè trustee iw. Organisational Structure There were five trustees al 31 Deeerr)er 2025. At least or truee * •bIe for Ihe daYC8Y managennt of the l¢mple. Financè B carried out genew81ty by Gary Pascoe with assistance fr(xn the Trnstee5. aThJ corTyliance mattets are C8tried oui by Gary Pascoe. Induction and training The Iruslees hav8 read the Chanty Ccmmssion put4vtK)n Tr Essential Trustee.. what ycyj need lo kTh. wlkgt you need to do" and discuss theirduties aThJ reSFonSijrtIeS as ne(*ssary.
WAT THAI SOUTHEND REPORT OF THE TRUSTEES - CONTINUED REFERENCE AND ADMINISTRATIVE DEfAILS Regislered charity Nmber Prinapal off8 1195 127 Cadingfixd DrNe. We&dilf-on-Sea, Ew SSO OSD kniwm Angkab Kwanta RotrAns Nuttikan Corbett Gary Pascoe Chanyakom SarKJsook Anthory Jarnes tYAmato ACA FCCA Trustees at 31 December Independent arniner 88nker N8tWest AntlK)ry James tYAmato ACA FCCA Brend AcJntin9 and Tax la C R Fann Estate, Brenh¥oc¥J Roa Hertrsate, Essex CM13 3LH Accountsnl TRUSTEES, RESPONSIBILrriES The charity trustee$ are ponSIble lor preparing the trustees, annual retth and the fial statem&its in xcordance with applicable law and United Kingdom Aco)unting Stsndards. induding FRS 102. The Iwstees are responsible for keeping siJffirAenl acCtyting records to show and exF4ain the carity's Iransacs. disd05e with reasonable accuracy at any b'me the financ4al ptssrtion of the charty. and enable them to enswe that the financial statements compty th the Charities Act 2011 and apble TW are also rèsponsible for safeguarrling the assets of the chanty and for taking reasrffiab Steps forthe prevenkn and deteL*ion of fraj and other irregulantie8 The trustees have elecled to prepate a815 xcounts in a¢xxxdancg with the Charilies SORP (FRS 1Q). APPROVAL The trustees, annual report was approved by the ch¥rty trustees on 24 Au9u$I 21)26 and SWJn on ts"r Lehall by.. Gary Pascoe TTuslee
WAT THAI SOUTHEND INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 I report to the chanty trustees on my eXanation ofthe Unts ofvlat Thai SoLrthend (1 thanty) fty the year ended 31 December 2025. Responsibi14ties and basis of report As the Chanty trustee5 of the CIO. you responsible forlhe preparaticffi ofthg acctyjnts in aClde wrth the reqU1ments of the Chanties Act 2011 Cthe ALtI. l pOrt in respect of my examination of the d)arity's actounts Camed cJt urKler section 145 of thè Act and in carying out my examination. I have followed the ale DirediC$ gtven by the Chwrty Cryrwn¢ssb)n Lder sera1 1445llb) of the Act. Independent examiner's statement I have CA)mpleled my examinatt.on I confirm that mattirial matters have CLJxe to my atterrtion in Connectic wrth the examinatson giving me cause to believe that in any matewial respect". ' ae¢ounbng re¢ords were not kept in a(tordance wrth section 130 of the Prt or . the aceounls do not e0rd Ihe Xtirj rords,. or . thè accounts do not compty wrth the applicab reqrements ccffic8miThJ the orm content of aru)unts set out in the Charities lkn)LFnts and Reports) Regulth"ons 2CK18 other any ¥equireThwt that the accounts gNe a and faif view, which is not a matter ¢ortsidèred as part of an Indewdent examinalion. I have no concem5 aThJ have come across no other matters in conneclion the exanynatM)n to which attention should b8 drawn in this report in oftler to e[ble a proper understanding of the actrfits to be rèached. Anthony James D'Amato ACA FCCA Independent Examiner Brenlwood Acetsunting arKI Tax la C R Farm Estsle Brenhyood Road Herongate Essex CM13 3LH 24 August 2026
WAT THAI SOUTHEND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2024 É INCOME AND ENDOMIENTS FROM t)onabS aTrJ légacaes Totsl irrome 39.142 33.W2 39,142 EXPENDITURE ON CharitaLqe actsvtbes- Gerw 46.610 35.397 Total exFenditur8 46 610 35.397 NET INCOMEI{EXPENDITUREI Totsl funds brought foThvartl TOTAL FUNDS CARRIED FORWARD {12,7CQI 3.745 54,051 41.343 54,051 All income and expenditure arose from t)Jntinuing actvhas. All fijnds W*E uNethcied in both years.
WAT THAI SOUTHEND BALANCE SHEET AT 31 DECEMBER 2025 2025 £ FIXED ASSETS 2024 E Tangible fixed assets- note 5 18,332 22.432 CURRENT ASSETS Cash at bank aThJ In h8fKI 24.511 44,619 CREDITORS.. arncwnts fltr@ due vrtthin one year- note 6 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES (1,51XI) 113,LWI 23.011 31.619 41,343 54,051 NET ASSETS 41.343 54.051 FUNDS - note 7 Unrestnded ftjnds 41,343 TOTAL FUNDS 54.051 41.343 $4,051 The finarrial statements werg approved by the charity trustses on 24 AugLBt 2026 a1 sigwl on their hat[ by.. Gary Pascoe Trustee 10
WAT THAI SOUTHEND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 I. ACCOUNTING POLICIES Basis of preparation Wat Thai SoLrthèrKI is a Charitsb Inctyporated Chganisalion and a public be entsty. The finaal stement$ have been prepared under the historical cost Conventn in accordwKe with FRS 102. the Charities SORP IFRS 1021. second edition (Odober 2019}, and the Charrties Act 2011. The 2019 sex¥KI ethtson rAthe SORP applies to thi8 accounting period. Going concern Thè finala1 ststements have been prepare<J on a g)ing cotKem basis. The trustees consKler that the chanty has adequate rèsour$ lo C(tinUe its actIeS for the fcY8seeable fvtVTe. having regard to its cash resOue5. Un$tr[.Cted funds and the discretiary nature of a signifficant Fwpc¥tiM of its exrxndiiure. Income Income is recognised when the tharity has entr)1 th• fijnds. recespt is pyobable and thè arrKJunt can t measured reliably. Expenditure Expenditure Is recognised on¢e there is a legal or constrlIve owigation lo make a paynnt to a thirf party, rt is probable that seluemenl will be iequired and the amtyjnt can be measured reliabty. EXpdijre is a¢¢ounted for on an accruals basis and ¢las5ified ac(x)rding to the acbvty to whjch rt rdates. Tangible fixed assets Depreaation is prowded to write off the Cc1 oftsngible fixed assels ¢)ver thwr esb"ttottrJ useful IN•5 as fd1cl". As¥et Depreclatlon perlod Vehides 5 years Fixiures and fftts"rKJs 5 years Taxation The charity is •Jempt from taxation on inco and ga"n5 to the extent Ihat thty ote apph'ed for its ¢hlIab purposes. Fund 3ccounting Unrestrioted funds are thilable for use at the disryetion crf fv trustees in furthwance of the charitys purp)ses. Restricted funds. rf rec&ved. may onfy be used kn Ihe purposes SFeufied ty the or appea. Th• c*arity haj no restricted funds at 31 December 2025 or 31 December 2024. 11
WAT THAI SOUTHEND NOTES TO THE FINANCIAL STATEMENTS - COPUINUED 2. NET INCOME/(EXPENDITURE} 2024 £ Deprea81ion- 0ed assets 4.1C 4,1¢Y) 3. TRUSTEES, REMUNERATION, BENEFITS AND EXPENSES No trustee received remuneration fortheir swvw as a tnJsteè during the year 8nded 31 Clecember 202512¢Y24.. £nill. No trustees, expenses were paid during th• year ended 31 tknrTthr 225 (2024." £nil). Dtrtsils oftransactions wrth Iruslee in respect of the rental of the charityes pmIseS * given in nc¢e 4. 4. RELATED PARTY TRANSAcfioNS Dunng the year, the charty rented ils temple prerrises frcffl a tnjstee a tenay agreement. Rent of £19.200 12024. £9.6001 was payable by the charity during the year. The premises comprise the house, garden and a substanbal ha1voutMIdIng used for the charity's activth"es. Thg Iruslees nsider the rent payable under Ihe tenarw agrnet to b8 reasonable h8ng regard to the loc*on. condition, size and facibties provided by the EiSes. Olher than the abov8 transa¢b"on. there were no related party tran$a¢thJns r8wiiirrfJ disdC6U durirKJ the year. 5. TANGIBLE FIXED ASss Vehlel•• £ Flxbjres & Ililinp £ Tol•l £ COST At 1 January 2025 ¢Jitions At 31 Dember 2025 30.632 DEPRECIATION At 1 January 21Y25 8,2C Chargè for year 1LNJ 4.11X) Al 31 D&ember 2025 12.(KO 12.3 NET BOOK VALUE AI 31 Dember 2025 18.C 18,332 At 31 Dernber 2024 432 22.432 12
WAT THAI SOUTHEND NOTES TO THE FINANCIAL STATEMENTS - copifiNUED 6. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2025 £ 2024 £ Creditors aNI aecnjals 13.tKX) The conw)aratwe total of £13,C((J agrees lo the 2024 balance sheet and fvnd r&onaliati¢)n. The prevbcwts draft note showed only £1,SW for 2024 and has therefo tjeen aligned to the balar sheèt trAal.. the undedyirg (X)mpc6C of the £13,CM)0 should be retsined in the charity's 0nb"nY rttords. 7. MOVEMENT IN FUNDS At 1 Jan 202S £ At 31 Er 2025 £ General unreskn¢kd fwd 54,051 I12,7) 41.343 The net nxjvement in unrestricted funds r)MpeS intxJN d £33,2 less expend1 of £46,610. Comparative movement in funds At 1 Jan 2024 £ At 31 tc 2024 £ General unrestred knd 3.745 54,051 The comparaltve nel rrK*verrent o)mprised iMe of £39.142 less expenth'ture of£35,397. 13
WAT THAI SOUTHEND DETAILED STATEME1 OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 £ 2024 £ INCOME AND ENDOWMENTS Donth"ons 39.142 Total Iryxsming resour$ 39.142 EXPENDITURE- CHARITABLE ACTIVITIES AccountanGy Bank charges Independent exarnin8bt Cerernory expenses 3.707 1,855 Food and kitchen supplies Grants to Buddhist orsan15at¥)ns Insuran¢¥ 207 ght and heat 4,1X9 Is¢ellaneous expenses 1.187 932 Monks and temple stsff 1.2C(I Office and gèneral administrthe expendrture 418 Printin9 ar¥J websrte wsts 518 Rate3 and water 2,816 2.542 Renl 0ftemP bu&dng 19.2 Repairs and rnaintenar 1.140 119 SubscnOions 150 Travd 6.213 Depreaation 4.1Q] 4.100 Total resourc83 &Xnded 46.610 35,397 Net inDJmellexndrtUre1 112.708} 3,745 This delailed statement does not fLvm part of Ihe $tslLrtory finawl statemtrnts. 14