## **Trustees’ Annual Report for the period** **From 31/10/2023 To 05/04/2025** **Charity name:** Maes Aeron Buddhist Sangha **Charity registration number:** 1205476 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To advance Buddhist practice for the
benefit of the public in accordance with the
moral and ethical framework offered by the
Four Noble Truths and the Eightfold path.| |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|Donations made to Buddhist organisations
which share our charitable aims.
Maintenance of charity website offering
guidance on sources of support.
Maintenance of charity website providing
updates on developments while charity in
in hibernation mode.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have noted the guidance
issued by the Charity Commission on
public benefit. There are no incidents to
report.| ## **Achievements and Performance** ||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 first meeting of the registered CIO
[13/11/23] addressed the changes that the
Charity Commission had required and
considered the change in position from the
initial point of application. The trustees noted
the new requirements for the charity’s
operation, the responsibilities of trustees, and
the reporting period of 18 months. In
accordance with this, the initial period of
service for Mrs Helen Leaning was extended
to 18 months from the previously agreed 12.
Changes in circumstances of the trustees and
the loss of the previous base of operations
which had served for 10 years in Hadfield
required a re-evaluation of the charity’s
operations. It was agreed that the
administrative headquarters would be moved
and details were updated on the Charity
Commission website. Attempts were made in
the following months to find alternative venues
and continue the charity’s work in the North
West of England. At the meeting of 21/12/23 it
was decided that due to a lack of available
new spaces and new trustees, the base of
operations should be moved to the
administrative headquarters in West Wales
and the charity placed into hibernation mode
until suitable spaces could be made available.
To continue the charity’s work during
hibernation, some of the opening balance of
funds was allocated to maintaining a website
for the following purposes: 1.To direct people
to other Buddhist organisations who share the
charity’s aims. 2. To maintain an online
presence and contacts for those who had
previously been involved with the charity. 3.To
provide regular updates on developments
towards establishing a new base of operations
in West Wales.
The remaining balance was sent as direct
donations to three Buddhist charities. The
charity’s only other assets (approx. £50 of
books, a Tibetan singing bowl and bells) were
placed in storage in the care of the Chair of
Trustees until a suitable space for activities to
resume becomes available.
The board agreed to meet every 3 months to
assess when the hibernation period would
end. At the meeting on 15/3/24 it was decided
to change the charity’s bank account due to
ongoing difficulties changing the registered
address with Lloyds Bank. Further meetings to
discuss the charity’s status in hibernation were
held on 20/6/24, 30/9/23 and 13/1/25. The
final meeting of the financial period was held| on 15/4/25 when the provisional financial accounts and annual report were reviewed and approved. ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity has taken in no new donations
during the period and distributed the
opening funds as follows:
Website management costs £208.
Donation to other Buddhist charities: £57.
The closing balance for the period is £0.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|A long-standing policy has distributed any
unallocated funds to other charities every
three months; this flow of money has been
determined to be the most effective in order
to promote the charitable objectives.| |Amount of reserves held|Para 1.22|£0| |Reasons for holding zero
reserves|Para 1.22|Charity is in hibernation mode| |Details of fund materially in
deficit|Para 1.24|n/a| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The charity is in hibernation mode with all
costs for website maintenance covered until
December 2026, by which point the charity
expects to have resumed normal activities.| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |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|In accordance with the constitution [sections 10-11]
Every new trustee must be appointed for a term of four
years
by a resolution passed at a properly convened meeting
of the charity trustees.
In selecting individuals for appointment as charity
trustees, the charity trustees must have
regard to the skills, knowledge and experience needed
for the efective administration of the
CIO.
The charity trustees will make available to each new
charity trustee, on or before his
or her first appointment:
(a) a copy of the current version of this constitution;
and
(b) a copy of the CIO's latest Trustees' Annual
Report and statement of accounts.| ## **Reference and Administrative details** |Charity name|Maes Aeron Buddhist Sangha| |---|---| |Other name the charity uses|n/a| |Registered charitynumber|1205476| |Charity’s principal address|6 High St, Aberystwyth, Ceredigion, SY23 1JG.| ||| **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||MaryGriffiths|Chair of Trustees||| ||Emma Griffiths|Treasurer||| ||Helen Leaning|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** **Full name(s)** **Position (eg Secretary, Chair, etc)** **Date** ## Statement of Assets and Liabilities Maes Aeron Buddhist Sangha, Reg. 1205476. Period from 31/10/23 to 05/04/2025. The opening balance of funds from the charity’s pre-registration activities was £265. The end of year financial position was a balance of £0. There are no outstanding or potential liabilities, and thus no guarantees given by the CIO, where any potential liability under the guarantee is outstanding at the date of the statement of assets and liabilities; There is no debt outstanding at the date the statement of assets and liabilities which is owed by the CIO and which is secured by an express charge on any of the assets of the CIO. The charity was placed into hibernation in December 2023 and received no donations. Website maintenance for 3 years was paid for a total of £208, and the remaining £57 was distributed among three Buddhist charities which share our charitable objectives as detailed in the accounts. No payments were made for Trustee expenses. The charity retains from pre-registration assets a donation of 2[nd] hand books and ceremonial items, estimated current value £50 ## **Declarations** **The trustees declare that they have approved the Statement of Assets and Liabilities above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Dr Emma Marie Griffiths|| ||
Treasurer|| ||11/01/2026|| ||11/01/2026|| **Maes Aeron Buddhist Sangha No (if any) 1205476 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 31/10/2023 05/04/2025 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**265**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**265**
**-**
**-**
**-**
**265**
**208**
**20**
**15**
**22**
**-**
**-**
**-**
**-**
**-**
**265**
**-**
**-**
**-**
**265**
**-**
**265**
**-**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**265**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**265**
**-**
**-**
**-**
**265**
**208**
**20**
**15**
**22**
**-**
**-**
**-**
**-**
**-**
**265**
**-**
**-**
**-**
|**Total funds**
**to the nearest £**
**265**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**265**
**-**
**-**
**-**
**265**
**208**
**20**
**15**
**22**
**-**
**-**
**-**
**-**
**-**
**265**
**-**
**-**
**-**
|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |OpeningBalance funds at registration|**265**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**265**|||||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**-**| |||||||| |Website maintenance costs|**208**|||||**-**| |Donation to Gaia House|**20**|||||**-**| |Donation to JamyangLeeds|**15**|||||**-**| |Donation to The Sharpham Trust|**22**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**265**|||||**-**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**-**| |||||||| |||**-**|**-**|||**-**| ||**-**|**-**|**-**|**-**||**-**| ||**265**|**-**|**-**|**265**||**-**| ||**-**|**-**|**-**|||**-**| CCXX R1 accounts (SS) 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
None
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
None
**Details**
**Details**
2nd hand books and ceremonial items
**Details**
None
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
Unrestricted
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Dr Emma Marie Griffiths|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**50**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Dr Emma Marie Griffiths|11/01/2026| ||||| CCXX R2 accounts (SS) 2