Trustee Annual Report for year 2/4/2024 to 5/4/2025 TWIM UK Registered UK charity number 1207696 111 Great Oaks Park Newport NP10 9DY Trustees: Man Yee Eliza Wong Indu Shakya Conal Clynch
TWIM UK was registered as a charity on 3/4/2024 and this is our first Trustee Annual Report. The charity operates mainly by having Zoom trustee meetings and by having informal Whatsapp and email communications between the trustees and volunteers. The trustees are the three people who were involved in setting up the charity. We have had no need as yet to find any additional trustees.
During the year in question we have set up a charity bank account with the Cooperative bank and set up a website at:
https://www.twimuk.org/
We have also run a meditation retreat at the Oxford Buddha Vihara (OBV) retreat centre in Saint Briavels in the Forest of Dean from 30 November to 8 December 2024 with 17 participants. This was directly relevant to the purpose of the charity as the participants were taught the TWIM meditation technique which is directly based on the earliest Buddhist teachings of the Pali Canon.
We also identified a building suitable for a meditation centre. We see this as an important means to further the objectives of the charity as it will provide a suitable space for teaching meditation and Buddhist philosophy and also provide accommodation for teachers and retreatants. The building we found is at 29 Charles Street, Newport NP10 9DY. We provided advice and support for the purchase of this building at auction by Man Yee Eliza Won (Venerable Obhasa) on 31 October 2024. We also helped Venerable Obhasa to arrange for the renovation of this property to make it suitable for use as a meditation centre. We have used our TWIM UK bank account to make the initial payment for these renovations. The use of the TWIM bank account in this manner is a matter of convenience however. The renovations are being financed by Venerable Obhasa rather than by TWIM UK. TWIM UK is meeting the running costs of the building (mainly power and water supply) while renovations are taking place.
Our income for the year was £9,489. This was mainly from donations, either in relation to the retreat or to more generally support the activities of TWIM UK. We also received bank interest of £5. Our expenses of £3,233 related mainly to running the retreat. The main component of this was a donation to OBV of £2,000 for the use of their premises for the retreat. We also paid for groceries for the retreat (£373.04) and printing costs for retreat manuals (£441.75). The power payments for the new centre were £87.88 and water was
£16.20. We also paid for a report on asbestos in the centre (£150) and for new keys (£40). We made an operating profit of £6,256.
No (if any)
TWIM UK Receipts and payments accounts
CC16a
For the period Period start date Period end date To from 2/4/2024 5/4/2025
Section A Receipts and payments
Unrestricted Endowment Restricted funds Total funds Last year funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
| A1 Receipts | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 9,489- | - | -- | - | -- | - | 9,489- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| - | 9,489- | - | -- | - | -- | - | 9,489- | - | -- | |||||||||||
| Sub total(Gross income for AR) |
| Sub total(Gro | ss income for AR) | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A2 Asset and investment sales, | |||||||||||||||||||||
| (see table). | |||||||||||||||||||||
| - | -- | - | -- | - | -- | - | -- | ||||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||||
| Sub total | - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| **Total receipts ** | - | 9,489- | - | -- | - | -- | - | 9,489- | - | -- | |||||||||||
| A3 Payments | |||||||||||||||||||||
| - | 3,233- | - | -- | - | -- | - | 3,233- | - | -- | ||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- |
CCXX R1 accounts (SS)
22/12/2025
1
| - | -- | - | -- | -- | - | -- | -- | - | -- | - | -- | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||||
| **Sub total ** | - | 3,233- | - | -- | - | -- | - | 3,233- | - | -- | ||||||||||||
| A4 Asset and investment | ||||||||||||||||||||
| purchases, (see table) | ||||||||||||||||||||
| - | -- | - | -- | - | -- | - | -- | |||||||||||||
| - | -- | - | -- | - | -- | - | -- | |||||||||||||
| **Sub total ** | - | -- | - | -- | - | -- | - | -- | ||||||||||||
| **Total payments ** | - | 3,233- | - | -- | - | -- | - | 3,233- | - | -- | ||||||||||
| **Net of receipts/(payments) ** | - | 6,256- | - | -- | - | -- | - | 6,256- | - | -- | ||||||||||
| A5 Transfers between funds | - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||
| A6 Cash funds last year end | - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||
| **Cash funds this year end ** | - | 6,256- | - | -- | - | -- | - | 6,256- | - | -- | ||||||||||
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted funds | Restricted funds | Endowment | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||||||||||||
| to nearest £ | to nearest £ | to nearest £ | |||||||||||||
| B1 | Cash funds | - | -- | - | -- | - | -- | ||||||||
| - | -- | - | -- | - | -- | ||||||||||
| - | -- | - | -- | - | -- | ||||||||||
| Total cash funds | - | -- | - | -- | - | -- | |||||||||
| (agree balances with receipts and payments account (s)) |
Agreement Error | OK | OK | ||||||||||||
| Unrestricted | Restricted funds | Endowment | |||||||||||||
| funds | funds |
CCXX R2 accounts (SS)
22/12/2025
2
| B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use |
Details | to nearest £ | to nearest £ | to nearest £ |
|---|---|---|---|---|
| - -- |
- -- |
- -- |
||
| - -- |
- -- |
- -- |
||
| - -- |
- -- |
- -- |
||
| - -- |
- -- |
- -- |
||
| - -- |
- -- |
- -- |
||
| - -- |
- -- |
- -- |
||
| Current value (optional) |
||||
| - -- |
||||
| - -- |
||||
| - -- |
||||
| - -- |
||||
| - -- |
||||
| Current value (optional) |
||||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| - -- |
- -- |
|||
CCXX R3 accounts (SS)
22/12/2025
3
| B5 Liabilities Signed by one or two trustees on behalf of all the trustees |
Details Signature |
Fund to which liability relates Amount due (optional) - -- - -- - -- - -- - -- Print Name |
When due (optional) |
|---|---|---|---|
| Date of approval | |||
CCXX R4 accounts (SS)
22/12/2025
4