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 E￿arnin8¢s Report statement of Finanaal Acti￿￿$ Balance Sheet Notes to Ihe Finaneial Statemerts 1￿12 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 begInn￿g before 1 January 2026. OBJECTIVES AND A￿1VITIEs Charitable purposes The purpose of Wat Tha Southend ks to pIon￿e Theravada Buddhism for the Thai communty atyj forttr* WJtrAic benefrt in the Southen(koTrSea area of England arKI be￿d, in parb"cular. tyjt [￿1 exclusivdy. by. ' ultimalety establishing a p*manenl lemF4e W￿le the Dhanma ￿ be stL*Jied 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 apF0int￿￿n{ throughxrt thè yèar. Bewse the terrple hall Is relabvety small. the number of w511ors al any one time Is linyled. Monks, sup￿rterS and ￿51t0￿ part￿lp￿e in rrKJmmg and èverting ¢h￿tIng fdlowed by Me¢Jrtati￿, and activities are also made available onh.ne by live 5trearr¥ng. Vlsilors are wekomed to the tern￿e and may i￿n 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￿ p￿M￿S such as Runnymede Hall, Thundersley, which can accornmodate up to attendees. These events indude chanting. frmxl offenngs to monks and attendees. and communty ¢debrati(￿. L￿1 ￿taur￿ts 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 Mc￿kS to visit the United ￿ngdorn for of up lo hvo years. suw to the appI￿a￿e ¢￿d￿OnS. 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$ avWlal￿e to the publK. Dunng the year the charity's publiG-tenefft actmties indLthd n￿dt￿￿on waciKe and ￿on￿n• talk6," shop. restaurant and house blessing CereM￿les,. Vesak Day ObServa￿eS.. 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 B￿dhISt tAessirKJ ceremonies * homès. shops and restaurants. These WWlKsnies ir￿lude ar￿ the tradrt]"Jt 75 parttbpants WAT THAI SOUTHEND REPORT OF THE TRUSTEES - CONTINUED FINANCIAL REVIEW Total income forthè yearwas £3S.￿2{2024.' £39.1421. all frrxn I*￿allonS and lega(ies. Total eX￿drtVrE 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$th.Ct￿. At thè year end the chanty held cash of£24.511. tangiWe ￿ed as59ts wth a nel Ixok value of £18.332 and cfylrtors due within one year of £1.500. The Increase In eXpendrtU￿ ccffnpaB(I wth 2024 art)se prinopally from the fvlpyear o)st of th• t*rnple building rent togather wrth higher ¢e￿MonY, insurance. repair and man*nance eosts. pardy offset by lower travel and utilty costs. The ttUslee8 are gfdtelul to all donors supporters whose contrilxFbons enable tr* tharity to ¢ts)tiThJe its r¥b"gious and community &tiwties. Reserves policy The charity's Inefft is recerved around rts m74or events. parts￿￿ in Aprl and Odober. The trustg9s ther8fore consider it prudent to retain free reserves equivalent to appro¥imatety six mnths of nmal expeThJrture. Using average nK)nthly expenditu￿ of approximatety £3,C￿. the ￿et level of freè reserves is £18.000. Total Un￿tn'cted fvnds 8131 De￿rnber 2025 41,343 Le88'. tarKJible fixed assets 118.3321 Free iewves 23,011 Re8erves poJiLy tsrget 18.¢XX) Free reseNes above t*get 5.011 The free ￿SeNe$ 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 Ir￿Me aThl int￿￿ to keep the level of reserves uniJer review during the r)ext accounting year. The Trustees are awaie that the Donabons r￿rIed 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 BLN*Jhist Monklsl also reside The premises is ¢Nned by one ofthe Tntstees rented under a Tenancy AgreeTh*nt to Wat Thai Southend at o di8counted rate. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document Wal Thai Southend is a Charitable Inc¢xporaled (kganisation T*hose only Voting n*mbers arg its thanty tsustees. 11 is govèrned by It$ ¢onstitub"on, last a￿nded 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 rpsF*Ysibilities ofthè trustee iw. Organisational Structure There were five trustees al 31 Deeerr*)er 2025. At least or* tru￿ee * ￿•￿bIe for Ihe daY￿C￿8Y managen*nt 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 reSFonSi￿jrtIeS as ne(*ssary. WAT THAI SOUTHEND REPORT OF THE TRUSTEES - CONTINUED REFERENCE AND ADMINISTRATIVE DEfAILS Regislered charity Nmber Prinapal off￿8 119￿5 127 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 Bren￿d A￿c￿Jntin9 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 fi￿￿al statem&its in xcordance with applicable law and United Kingdom Aco)unting Stsndards. induding FRS 102. The Iwstees are responsible for keeping siJffirAenl acCty￿ting records to show and exF4ain the c*arity's Iransac*￿s. 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 ap￿￿ble TW are also rèsponsible for safeguarrling the assets of the chanty and for taking reasrffiab￿ Steps forthe prevenkn and deteL*ion of fra￿j and other irregulantie8 The trustees have elecled to prepate a￿￿815 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$I 21)26 and SWJn￿ on ts"r Lehall by.. Gary Pascoe TTuslee WAT THAI SOUTHEND INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 I report to the chanty trustees on my eXa￿nation ofthe ￿Unts ofvlat Thai SoLrthend (1￿ thanty) fty the year ended 31 December 2025. Responsibi14ties and basis of report As the Chanty trustee5 of the CIO. you ￿ responsible forlhe preparaticffi ofthg acctyjnts in aCl￿d￿￿e wrth the reqU1￿ments of the Chanties Act 2011 Cthe ALtI. l ￿pOrt in respect of my examination of the d)arity's actounts Camed c*Jt urKler section 145 of thè Act and in carying out my examination. I have followed the a￿￿￿le DirediC￿$ gtven by the Chwrty Cryrwn¢ssb)n L￿der 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 ￿X￿tir￿j r￿ords,. or . thè accounts do not compty wrth the applicab￿ req￿rements 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 actr￿fits 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)onab￿S 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 actv￿has. 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 f￿ltr@ 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 $4,051 The finarrial statements werg approved by the charity trustses on 24 AugLBt 2026 a￿1 sigwl on their ￿hat[ by.. Gary Pascoe Trustee 10 WAT THAI SOUTHEND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 I. ACCOUNTING POLICIES Basis of preparation Wat Thai SoLrthèrKI is a Charitsb￿ Inctyporated Chganisalion and a public be￿ entsty. The fina￿al st*ement$ have been prepared under the historical cost Convent￿n 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 fina￿la1 ststements have been prepare