Charl￿. registration number-. 1200600 SATIPATTHANA TRUSTEE.Si' REPORT AND FINANCIAL STATEMEIYTS FOR THF. YEAR ENDF.D S APRIL 202$ ZXPERQIAX Eipertax Limiied Chart¢r¢d CerlifL¢d A¢counLthIs 4244 C"larendon Road 'attord H¢rtford5hir¢ WD17 IJJ Contents Page I"N5tee5' Report Ind¢pend¢nl F.xamin¢rfs Rew)rt iatement (Jf FIn￿lIa[ AL¢ii'ities Siatcment ot. Finan¢ial Posiiion Notes io ihe Financial Statements I'he tollowing pages do not tonn part of the sthtuu)ry accounLS'. D¥iailed 8ial¢menl ol-FinanLial Activilics 10 Satip*tihana Tru5tee5' Report For I"he lear Ended S April 2025 The Irustees present their rern)rt and ihe fJnJnLiJl Sta￿ments foi the ettd￿ i April 2025. Objettives And Attivities Aims and Objectives The object ol'ihL Charily is io pres¢tv¢ and pn)teci 8￿)d menthl health forthe public ben¢til by providing courses in Vipassana Iln5ightl rnediialion. Publi¢ B¢n¢fli 'I"he main activitv of the Chariiv is to PTO%'ide courscs in Vip&wna Ilnsi8hil medithiion.'Ihis benefits the communitv b}, allci'ia(inB mLnial and physiLal suftiying. The tru%iLL.% Lontimi Ihai ¢hLy haiL compliiyj i%'iih the t¢4uircmcnts of Scaion 17 of the Chariiics Act 2011 to hai'L due regard to the ChaTit)' Commission s 8uidance on public benefii. Achievements and Performanfe l#ln Aehltitmertt$ .1 hL c'harit￿ hiL% PLrl(IrmLQ WLII. l￿r￿lIall) LY>n5idcrin8 thL limitLyl lund5 and rL￿UfLL￿ ai'uilablc to il. l)Iirinbi Ihi >¢ar ¢0 5ih April 2(h25. ¢he QhJrii) ¢Jughi th¢ Virwwio medi1￿1(￿n i¢¢hniqui io Jppm.ximJi¢l>' 21MI ￿￿pIC durin¥ 17 %LP4iralL rnlrLaL%. lJJrtiLipul()r% IT()m ihL.%L*%i()fL% ¥ai'L ¥(NMJ lixxlbuLk Lind madL th)nuli()n% li) hLIp L(IlLr ihL C'ontrlbutlons made by volunteer5 'I'hL'I ru%iLL% Wl)uld lik'L ti) IhaThk all [h(Tr.￿ (hai partlLipaicJ in ihL Tunnin8 and adminisirniii)n (TrfLhL Q'haTIIy. L*PLLidlly c)luniLx'r I,.milii l.kal-. all nfi%"hom %airili¢¥'d ih¢ir lim¢ anJ pui in man) nf hard ifvor*: i¥ithoui 8u¢h as%1$￿n￿l. atipalthana i()uld n()t hai'L madL largL irnpact and liLltKd so man). pcoplc. Fln#nci#l Revle Tr-In#n¢l#l Posl¢lo Cush al bank il'as 1495 on 5th ,4pTiI 2U2i. ii.hich cornpri5cd 501el! unr¢5triclcd fund5. These funds are being l)cld so thal tlie C hariiy Ldn Lc>niinuLb li) (IrKraiL' shi)uld ils CTrPLraiin8 LthSIS LXLiL.d ILS th)naiicin%. "I'hr main risk to ¢h¢ Q'haTiI) 15 a1055 ofdonalion5 du¢ lo ihe ongoing cost￿r-ll￿.Ing rri51S. The C haritN rclics cnlircly trom i'olunatarv donations from participators in its Vipassana mcditation coursc5. The charit￿ did not receiTre ani, 8ranis from so￿'ernment or other chariiies. Future plAns The plans fcir 202i126 ￿ tv dth¢liTrp o m¢diiaiiiTrrt dpp. as ii.ell &$ LO in¥rw¢ th¢ nUM￿r ofciiuTh¢s furth¢r. Page Trustees, Report (ro￿lI￿uedl For The lear Ended S April 2025 Structure, Covernance and Managernent Coverning Docurntnt 'I"he C'haritN 15 mainl>. managed bi the Treasurer Jarrod l.eaf and iolunleeT r.milie l.eaf but goi"ernaiice of tlie CIO is proi'ided (he Trustces. The daN-ts)-da!' managemeni ot ihe O￿ra110nS land much of ihe lolun1￿ Ki'ork'l is carried out b}, Jarri)d artLI Emilie whil_%t the Tn￿[¢¢$ prni ide ideas as io hoi%" io enhance the ChJri¢l'S swKi¢e offerings as well a8 oier%ighi. Trustee Stltetloth Methods .1 ru5tees are ap￿Inted at the annual genernl meeting IAGMI ii'hich is held in June each Jear. I'he current irustees. as set out on the information page. will be asked ￿ continue in their roles al the next AGM. Reference and Admini5tr*tive Detxils Trustees Mr % l) l)aTris Mr J R l.¥al'_ I'reasur¢r M% l.. l)L Kn(ii)p M% I l.iber Charlty Number Prlnelpxl Address 2 llur¥h %tr¢¢i NI 8IIF Independent Exgmlner Mr. I'.dwin J. Wix)t()n b MAAT l-. i￿rtaN l.imitcd Chart£rL￿ (Lrtificd Accountants 42-44 Clarend()n R(Md Wallord Wl)17 IJJ Page 2 Trustees, Report (ro￿lI￿uedl For The lear Ended S April 2025 The Iru5t¢¢s' r¢FKIrt li'a5 approi'ed bl. Ihe knard of tTUStees and 5igntd on its ￿half by": MrJRLcaf Trustee 2710112026 Page 3 Satip*tihana Independent Examiner's Report to the Trustee5 of Satip8tthana For The lear Ended S April 2025 I r¢wrt tli ihe tru5t¢es on rnj examination of ihe accounts of s￿Ipaltha￿a Ithc Trustl for the l'ear ¢n(led 5 April 2025. R¢sponslbllltles and Basls of Report As the charit) tTUStees ot'ihe Trusi i'ou are reS[￿sIble for ihe preparation of the acciwnts in accordance M'ith the requiTement5 of the Charities Act 2011 Iihe Aci"). I r¢TX)rt in r¥5￿￿t i)f tn) ¢xurninaiic)n iil-th¢ Tru%¢'% JLL()wil4 (iul und¢r ￿li(}n 145 (If th¢ 2(11 I ALI examination. I hai'e lolloNved the applicable Direaions 8Lien bi. Ihe C-hariii C'ommission under seclion 14515llbi ol-lhe Act. Independent Examiner's Statement I hLlI'¢ ¢ompl¢i¢xl my ¢xamino1ion. I conlirni ihai no m*erial motiers hai'¢ iom¢ w m), aiL¢niion in ¢onn¢¢iion with lh¢ exuminaiicjn ¥ii'iDg me Lause t(J believe that in an). material Te%TYCi- l. accounting records i%'ere not kept in respect ofihe'l rust as required ￿, seaion 130 ofthe Act: or 2. thL aLlÉ)unts rtl)¢ a¢LL>rd iviih ihox. ￿X)rds. or 3. thL aLLÉiunt% d() n¥ other ihan ani. TLwuiremeni ihat IhL' acL()unis 8IIL a'iruL' and lair VILW, which 1$ not & m&iiLr ¢onsiderL'd as part of an ind¢r&nd¢ni examin￿l￿n. I h￿11'L ni) L(InLLrn% and have u)rne othLY maiicrs in conncclion i¥iih ihc cxaminalion io %i"hiLh atllmlion %h()uld bL drJi¥n in (his rLP(lrt in cirdLf IcTr Lnak*lL a prOr￿r un(k.rsianding ol'ihc aeLounLS li) ￿ rL'aLhLXI. Mr. l.'divin J. Ww¢on l.'MAA'I' l..xrLrtTrN I,imit L'haritiL's'. ¥iaiement ol-RL'ciimmendcd VraLiice applicable to chariliLS prcparing ihL'ir aLLI)unis in aeLL)rdanLe is'ith the FinanLial Rcw)rtin8 Standard applicablc in the UK and RLpublic of Ireland11.-R% 1021 IcfTccliNe I JanuaTh 20191. FirtJnLial RLpirtirt¥ %ian(Ltrd 102 'Th¢ FinJncial Rt'tM)rtin¥ %¢JndarLI appliLahlL in thL IIK and RLpubliL of Ireland. and the C'harities Aci 2VI -rhe chariiv is a Public Bcnelil Lniiiv defined bv l.'RS 102. In¢omlng R¢sour¢¢s InL(Imin¥ resources ure ￿CL￿Unted foron a rcLeipts basi5 and Tel￿e ￿ donations from participants in rnLdiialii)n L(iufsL5. Resoiircts Expended ¢%i)ur¥¢$ ¢Np¢nded ar¢ a¢¢ouni¢d for an a￿n￿lS basis and r¢lai¢ w ¢%￿ndi[Vre on r￿L wa¢h¢rs and (>ih¢r [)￿LrhLJ￿S. 2.4. Cash C8sh Fquivaltnts C'd%h dnd ¥iK8h LquivalLnis arc ￿%1¢ linanLial asscts and inLludL ash in hand and ￿¢￿￿￿1L$ hLld u¢ Lall t￿lih hunk¥. ()IhLr hiin-ILTm highli l¢quid in%'c%lmLnt% th￿ rnulurc in n() mLiTe ihdn ihrLX m()nih% Inim thL daiL (IfaLqui%iliiin and WL r¢aJil}' ¥()n%'ilrtihl¢ ti) J kn4)i%-n am£)uni i)f14L%h ivith insignifilani ri%k' i)f ihdn¥i in iJlu¥. and bank c)VLrdrJll%. Ineome from Dothailons #nd l.eg*eles 2025 2024 Unre5trltted Unre5trlcted funds funds Diinalions and gift5 19.051 ¥.343 Analysls of Expendlture 202S Support costs Proi'i510n ol-WUT5¢S in Vipa55ana tnedilatio IY.929 2024 Support ¢0sts ProN'i5ion ot-cour5es in Vipassana medilation 6.970 Page 7 Satip*tihana Notes to the Finan¢iaJ Statejntnts Icontinuedl For The lear Ended S April 2025 Support C.05ts 2025 Proilslon of rour4¢s in I'ipassana medlt*tlo Employee costs PrLmisc% expenses (reneral administration 10.648 8,188 19.92() 2024 Proilslon or 'ipa%%an medltgtion 6.2511 (rLn¥rul t￿MInIs(rut10n fi.9711 Independent Examiner'$ Remunerltion 2024 Indcpcndcnt cxamination ol-thc financial 51alcmcnts 300 180 Avera%e P*umber of Emplo)ees Avera8e number of emplojees durin8 ihe year NIL 12024.. NIL) Movement in Funds As ¥16,Ipril 21124 AS ot S itpril 2025 Income Expenditure Ilnrtstrlottd funds tieneral.. G¢nerdl llnr¢siriJed futjd .373 19.051 119.9291 495 Totgl funds -373 19.051 119.9291 495 Page Satip*tihana Notes to the Finan¢iaJ Statejntnts Icontinuedl For The lear Ended S April 2025 As at 6 April 21123 As at S April 2024 Expehdlture Unrestricted fund5 Cieneral.. General unrestriffled fund 8J43 16,9701 1,373 Total fund5 16,971)) TranSACtions with Trustees ThL lollo1￿ing tru$i¢¢s have bc¢n paiJ r¢mun¢raiiot) or hai'¢ r¢¢¢iv¢J o¢h¢r bcn¢fits from the ¢hariry' or r¢lai¢d ¢nti(y: Ame of tru5ttt Legal Authority Rtmuntralion 2025 Tot41 Cio%'crnin8 Mrj R l.¥al' 7.457 7.457 prowision NiinL ()I'thL Iru.4lLX% fLLLivcd rLmunLrntii)n OT an). ()thLr I￿nlrits fn)m cmpli)%rnLnl ii'ith thL LhaTiI%' OT u fLlUlL￿ Lntit durin￿ thL pr¥i'ic)u% %'iJr. 'I'he C'haritj engaged a lim) ¢onthc¢icd w.iih a I ruslC¢ to proi'id¢ prolessional serni¢¢s. Th¢ I ru$ic¢ did noi partiCiTMiC in thc dcLI.4iiin. and ihL ILL8 %*crL paid ai markcl rai F)uring Ihe jear the expen.ses reimbursed kn) the trustees or paid diTecil)' io ihird rArties iiEre folli)Iv%'. 2025 2024 Other L¥￿nSeS 8.526 0.2511 Nurnber of tru5tee5 rtimbur5ed for txperh5cs during the 112024.. 11 10. Relfited Party Distlosurts There haie been no relateil party irnnsaLliOnS in ihe reEx)rting thal require disLI()sure. except for those disclosed in Nol¢ . aboi"e. Page 9 Satip*tihana Detsiled St8terntnl of Financial Activities For The lear Ended S April 2025 2025 2024 Totsl futsds Totsl funds INCOME AND ENDoW￿lEYTs FROI¥I: Donations and legatits Diinalions from Indi￿ iduals 19.(>51 8.343 19.()i I 19,Qil 8,)43 EIPENDITURE ON: ChgriiAble Actii'itie5'. Provlslon of Courses In VlpAssanA medltgtio l N51¢e%' lees 17.4571 Subli)ni￿lor cosis Rlni In%urJn¢¢ l)rinlin¥. FNi.%IugL and s￿111)￿¢￿ Indiplndini ¢x4minLY's lees Ilank ihar¥L% uppÉ)ri and adrnini%irniii)n undr), LNpLnsLS 1771 13001 1731 1261 119.9?r)I 119.9?91 NET IEXPENDITlIREVINC-.O￿lE 1¥781 1.-173 Page 10