Amitabha Buddhist Sangha Organisation (Registered charity, number 1210042) Financial statements for the period of 16 September 2025 ended 31 March 2025
| Page | Contents |
|---|---|
| 2 - 3 | Trustees’ annual report |
| 4 | Independent examiner’sreport |
| 5 | Receipts & payments account |
| 6 | Statement of assets & liabilities |
| 7 | Notes to the accounts |
Amitabha Buddhist Sangha Organisation Trustees’ annual report for the year ended 31 March 2025
Full name Amitabha Buddhist Sangha Organisation
Organisation type Charitable incorporated organisation
Registered charity number 1210042
Principal address
26-28 Dalston Road Newhall Swadlincote Derbyshire DE11 0QG
Trustees
Rev Guan Heng Chen Sau Chun Wong, until 15/10/2025 Yuan Mao Chuah, Chair Yoke Ping Yip, until 15/10/2025 Johnny Phung Suet Fan Lau, until 15/10/2025 Rev Say Wee The, until 15/10/2025 Rev Tho Min Tan, from 15/10/2025 Kwai Pui Wong, until 15/09/2025 Fong Lee Chuah, until 15/09/2025 Fong Lee Chuah, until 15/09/2025
Independent examiner
Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
Governance and management
The charity is operated under the rules of its constitution/trust deed adopted 31[st] August 2024
New trustees are appointed through board meeting based on discussion of the expertise of the individual knowledge and skills in the Buddhist community.
Objectives and activities
Advancing the Buddhist religion for the benefit of the public throughout England and Wales in accordance with the statement of faith through any charitable means as the trustees may from time to time decide, which may include, but are not restricted to, the following: a) the teaching, study or practice of the principles of the Buddhist faith. b) the provision of a learning centre or other place for Buddhism education. c) producing and/or distributing literature to promote the principle of the Buddhist religion. d) maintaining close communication with and working in co-operation with other groups with same or similar objectives and/or to promote religious, racial and cultural harmony by enhancing mutual understanding among all races and cultures.
Public benefit statement
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
2
Amitabha Buddhist Sangha Organisation
Summary of the main activities undertaken for the public benefit
The aim of our objectives is to provide a space for group communal practices to give the public a place to practice Buddhism. We also support other Buddhist organisations throughout the country to work together on mutual objectives in providing support to advance Buddhism to the community.
Summary of the main achievements during the period
Throughout the year we have hosted numerous communal practices Dharma services allowing the public to participate in Buddhist chanting. We have also had the visit from and to other Buddhist communities to help support and participation of each other’s events to help promote Buddhist teaching to the wider group of community.
We also benefited other charity organisations in the area by donating food bank collections donated by volunteers and members of the public at the temple.
During the year we have also re-furbished the kitchen at the operating address to provide better facilities for volunteers. The work was completed by our volunteers which help reduce the cost of outsourcing the work to a contractor.
Financial review
We are pleased to see that the financial position is in a surplus position which helps with the future growth of our organisation.
The charity’s policy on reserves
We have a threshold for bank balance to not be below £10,000.
Financial risk
– The charity organisation relies heavily on the donations from members of the public there is a risk that income for our organisation could decrease as it relies on donors ’ monetary donations.
Signed on behalf of the charity’s trustees:
Signed ______ Date _ 20NOV2025 Yuan Mao Chuah, Trustee
3
Independent e xaminer’s report to the trustees of Amitabha Buddhist Sangha Organisation for the year ended 31 March 2025
I report to the trustees on my examination of the accounts of Group (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity ’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed ____ Date _______ 01/12/2025 Eva Stevens BSc, CPFA Employee of Community Accounting Plus
4
Amitabha Buddhist Sangha Organisation Receipts & payments account for the year ended 31 March 2025
| Note Receipts Grants & donations 2 Bank interest Total receipts Payments Water Gas & electricity Council tax Fruit & flowers Sundry Items Property - maintenance/repair Internet Postage Catering Total payments Net receipts/(payments) Cash funds at start of this period Cash funds at end of this period |
2025 £ 14765 290 |
|---|---|
| 15055 | |
| 146 1294 420 860 47 2663 140 73 213 |
|
| 5857 | |
| 9198 75727 |
|
| 84925 |
5
Amitabha Buddhist Sangha Organisation Statement of assets and liabilities at 31 March 2025
| Cash assets Bank accounts Liabilities Creditor - Independent examination |
2025 £ 84925 |
|---|---|
| 84925 | |
| (546) | |
| (546) |
These financial statements are accepted on behalf of the charity by:
| Signed _____ | Date | _____ 20NOV2025 |
|---|---|---|
| Yuan Mao Chuah, Trustee |
6
Amitabha Buddhist Sangha Organisation Notes to the accounts for the year ended 31 March 2025
1. Receipts & payments accounts
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
2. Grants & donations
£ Sundry grants & donations 14765 14765
3. Premises & staff
The premises are provided by late Gek Chee WEE, Mr Say Wee THE, Mr Beng, Yam KU and Mr Pui Yip YAU which are the owners of the property and this is provided free of charge.
4. Trustees’ remuneration
Trustees received no expenses, remuneration or benefits in this period.
5. Related party transactions
There were no related party transactions during the period.
6. Previous period comparison
The previous period’s figures have not been included because this is the charity’s first accounting period.
7. Glossary of terms
Creditors: These are amounts owed by the charity, but not paid during the accounting period.
7