|`CouncilMembers`|`MrJ Reeves`|`(Resignedon13January2022)`|
|---|---|---|
||`MsE Light`|`{Resignedon11June2021)`|
||`DrP Groves`||
||`MrS Skelton`|`(Resignedon1 June2022)`|
||`MsM Healy`|`(Resignedon31December2021)`|
||`SandraTurner(Suryagupta),Chair`||
||`MsC Edwards`||
||`MrD Waterston`||
||`MrO Brock`||
||`MsJ Weiss`||
||`MsH Murray`|`(Appointedon14September2021)`|
||`DrD Showman`|`(Appointedon 14September2021)`|
|`CharityNumber`|`255420`||
|`Auditor`|`SafferyChampnessLLP`||
||`StCatherine’sCourt`||
||`BerkeleyPlace`||
||`Clifton`||
||`Bristol`||
||`BS81BQ`||
|`Bankers`|`LioydsBank`||
||`70-71Cheapside`||
||`London`||
||`EC2V6EN`||
||`TriodosBank`||
||`11ThePromenade`||
||`Clifton`||
||`Bristol`||
||`BS83NN`||
||`ClydesdaleBankPLC`||
||`London`||
||`SW1Y4ND`||
|`Solicitors`|`EdwardHarte& Co`||
||`6PavilionParade`||
||`Brighton`||
||`EastSussex`||
||`BN11RA`||





## 

||`Page`|
|---|---|
|`TheChair'supdate`|`1-2`|
|`CouncilMembers’report`|`3-6`|
|`StatementofCouncilMembers’responsibilities`|`7`|
|`IndependentAuditor’sreport`|`8-11`|
|`StatementofFinancialActivities`|`12`|
|`BalanceSheet`|`13`|
|`StatementofCashFlows`|`14`|
|`NotestotheAccounts`|`14-30`|





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26 January 2023 



## 

|||`Unrestricted`|`Restricted`|`Total`|`Total`|
|---|---|---|---|---|---|
|||`funds`|`funds`|||
||`Notes`|`2022`|`2022`|`2022`|`2021`|
|||`£`|`£`|`£`|`£`|
|`Incomefrom:`||||||
|`Donationsandlegacies`|`3`|`249,523`|`16,553`|`266,076`|`502,834`|
|`Charitableactivities`|`5`|`992,786`|`-`|`992,786`|`534,625`|
|`Tradingactivities— shops`|`4`|`246,371`|`-`|`246,371`|`108,723`|
|`Investments`|`6`|<br>`15,600`|<br>`-`|<br>`15,600`|<br>`14,344`|
|`Totalincome`||<br> <br>`1,499,907`|<br> <br>`20,926`|<br> <br>`1,520,833`|<br> <br>`1,160,526`|
|`Expenditureon:`||||||
|`Raisingfunds— shopsrunningcosts`|`7`|<br>`179,873`|<br>`7`|<br>`179,873`|<br>`175,380`|
|`Charitableactivities`|`8`|<br>`1,150,527`|<br>`29,935`|<br>`1,180,462`|<br>`603,374`|
|`Totalresourcesexpended`||<br>`1,330,400`|<br>`29,935`|<br>`1,360,335`|<br>`778,754`|
|`NetGain/(losses)onInvestment`|`14`|<br> <br>`11,000`|<br> <br>`-`|<br> <br>`11,000`|<br> <br>`-`|
|`Net(expenditure)/incomeforthe`||||||
|`year`||||||
|`Netmovementinfunds`||`184,880`|`(12,382)`|`171,498`|`381,772`|
|`Fundbalancesat1 April2021`||<br>`3,750,949`|<br>`26,433`|<br>`3,777,382`|<br>`3,395,610`|
|`Fundbalancesat31March2022`||<br>`3,935,829`<br>|<br>`13,051`<br>|<br>`3,948,880`<br>|<br>`3,777,382`<br>|





## 

||`Notes`||`2022`||`£`|`2021`|<br>`£`|
|---|---|---|---|---|---|---|---|
|`Fixedassets`<br>`Tangibleassets`<br>`Investmentproperties`|`15`<br>`16`|||`3,824,231`<br>`567,000`|||`1,579,735`<br>`556,000`|
|||||`4,391,231`|||`2,135,735`|
|`Currentassets`<br>`Stocks`<br>`Debtorsduewithinoneyear`<br>`Cashatbankandinhand`|`18`<br>`19`|`21,289`<br>`37,254`<br>`920,603`|||`10,252`<br>`2,290,425`<br>`776,135`|||
|||`979,146`|||`3,076,812`|||
|`Creditors:Amountsfallingdue`<br>`withinoneyear`|`20`|`(239,318)`|||`(153,695}`|||
|`Netcurrentassets`||||`739,828`|||`2,923,117`|
|`Totalassetslesscurrentliabilities`||||`5,131,059`|||`5,058,852`|
|`Creditors:Amountsfallingdue`||||||||
|`aftermorethanoneyear`|`21`|||`(1,182,179)`|||`(1,281,470)`|
|`Netassets`||||`3,948,880`<br>|||<br>`3,777,382`|
|`Incomefunds`<br>`Restrictedfunds`<br>`Designatedfunds`<br>`Generalunrestrictedfunds`|`23`<br>`24`|`3,249,684`<br>`686,145`||`13,051`|`940,844`<br>`2,810,105`||`26,433`<br>`3,750,949`|
|`TotalFunds`||||`3,948,880`|||`3,777,382`<br>|





|||||`2022`|||`2021`||
|---|---|---|---|---|---|---|---|---|
||`Notes`||||||||
|`Cashflowsfromoperatingactivities`|||||||||
|`Cashgeneratedfromoperations`||`28`|||`2,583,774`|||`184,260`|
|`Investingactivities`<br>`Purchaseoftangiblefixedassets`||`28`|`(2,342,982)`|||`(26,210)`|||
||||||`(2,342,982)`|||`(26,240)`|
|`Netcashusedininvestingactivities`|||||||||
|`Financingactivities`|||||||||
|`Repaymentofborrowings`||||||`(8,164)`|||
|`Repaymentofbankloans`|||`(96,324)`|||`(135,391)`|||
|`Netcashusedinfinancingactivities`|||||`(96,324)`|||`(143,555)`|
||||||`144,468`|||`14,495`|
|`Netincreaseincashandcashequivalents`|||||||||
|`Cashandcashequivalentsatbeginningof`|`year`||||`776,135`|||`761,640`|
|`Cashandcashequivalentsatendofyear`|<br>`=.`|`27`|||`920,603`<br>|||<br>`776,135`|





## 

## 


## 



## 

## 

|`Freeholdjand`|`Notdepreciated`|
|---|---|
|`Freeholdbuildings`|`50years`|
|`Furnitureandequipment`|`5years`|
|`Motorvehicles`|`4years`|



## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

|||||`Unrestricted`|`Restricted`|`Totai`|
|---|---|---|---|---|---|---|
|||||`funds`|`funds`||
|||||`£`|`£`|`£`|
|`For theyearended`|`31`|`March`|`2022`|<br>`249,523`|<br>`16,553`|<br>`266,076`|
|`Fortheyearended`<br>|`31`<br>|`March`<br>|`2022`<br>|`467,855`<br> <br>|`34,979`<br> <br>|`502,834`<br> <br>|





## 

|||`Unrestricted`|`Unrestricted`|
|---|---|---|---|
|||`funds`|`funds`|
|||`2022`|`2021`|
|||`£`|`£`|
||<br>`Shopincome`|<br>`246,371`|<br>`108,723`|
|`5.`|`incomingresourcesfromcharitableactivities- analysisbyactivities`|||
|||`2022`|`2021`|
|||`£`|`£`|
||`LondonBuddhistCentreevents`|`216,642`|`111,768`|
||`BreathingSpace`|`87,284`|`76,655`|
||`RetreatCentreevents`|`337,886`|`-`|
||`PropertiesandResidentialcommunities`|`350,974`|`346,202`|
||<br>|<br> <br>`992,786`|<br> <br>`534,625`|
|`6.`|`Investments`|||
|||`2022`|`2021`|
|||`£`|`£`|
||`Investmentproperty— rentalincome`|`15,600`|`14,250`|
||`Interestfrombankdeposits`|`-`|`94`|
||<br>|<br> <br>`15,600`|<br> <br>`14,344`|
|`7.`|`Expenditureonraisingfunds- shopsrunningcosts`|||
|||`Unrestricted`|`Unrestricted`|
|||`funds`|`funds`|
|||`2022`|`2021`|
|||`£`|`£`|
||<br>`Fundraisingandpublicity`|||
||<br>`Shoprunningcosts`|`36,701`|`20,685`|
||`Staffcosts`|`104,383`|`105,924`|
||<br>`Supportandgovernancecosts`|<br>`38,789`|<br>`48,771`|
||<br>`Fundraisingandpublicity`<br>|<br>`179,873`<br>|<br>`175,380`<br>|





|||||||||`Total`||`2021`|`£`|`332,935`|`-`|`(120,592)`|`218,159`<br>|<br>`430,502`|`115,650`|`57,222`|<br>`603,374`<br>||`575,006`|`28,368`<br>|<br>`603,374`<br>||`575,006`|`28,368`|<br>`603,374`<br>||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||`Total`||`2022`|`£`|`432,086`|`40,833`|`-`|`547,417`<br>|<br>`1,020,336`|`130,469`|`29,662`|<br>`1,180,466`<br>||`1,147,026`|`33,790`<br>|<br>`1,180,466`<br>||||||
||||||||`Retreat`|`centreevent`||`2022`|`£`|`51,209`|`40,833`|`-`|`167,529`<br>|<br>`259,571`|`-`|`-`|<br>`259,571`<br>||`259,571`|`-`<br>|<br>`259,571`<br>||`-`|`-`|<br>`-`<br>||
||||||||`Grant`|`payable`||`2022`|`£`|`-`|`-`|`-`|`53,337`<br>|<br>`53,337`|`-`|`-`|<br>`53,337`<br>||`53,337`|`-`<br>|<br>`53,337`<br>||`{71,149}`|`-`|<br>`(71,149)`<br>||
||||||||`Buddhist`|`community`||`2022`|`£`|`58,891`|`-`|`-`|`247,139`<br>|<br>`306,030`|`33,225`|`7,554`|<br>`346,809`<br>||`346,809`|`-`<br>|<br>`346,809`<br>||`194,342`|`-`|<br>`193,992`<br>||
||||||||`Breathing`|`space`||`2022`|`£`|`86,453`|`-`|`-`|`3,714`<br>|<br>`90,167`|`26,094`|`5,932`|<br>`122,193`<br>||`122,193`|`-`<br>|<br>`122,193`<br>||`130,142`|`-`|<br>`130,142`<br>||
||||||||`Londen`|`Buddhist`|`Centreevent`|`2022`|`£`|`235,533`|`-`|`-`|`75,658`<br>|<br>`311,191`|`71,150`|`16,176`|<br>`398,517`<br>||`364,727`|`33,790`<br>|<br>`398,517`<br>||`321,671`|`28,368`|<br>`350,039`<br>||
||||||||||||`Notes`||`9`|`28`||||||||||||||<br>`Page20of30`|
|`TheLondonBuddhistCentre`||||`NotestotheFinancialStatements(continued)`|`Fortheyearended31March2022`<br>|<br>`8.`<br>`Expenditureoncharitableactivities`||||||`Staffcosts`|`Depreciation`|`Reversalofimpairmentloss`|`Charitableactivities`||`Shareofsupportcosts(seenote11)`|`Shareofgovernancecosts{seenote11)`||`Analysisbyfund`|`Unrestrictedfunds`|`Restrictedfunds`||`Fortheyearended31March2021`|`Unrestricted funds`|`Restrictedfunds`|||





## 

|`9.`|`Grantspayable`||||||
|---|---|---|---|---|---|---|
||||||`2022`|`2021`|
||||||`£`|`£`|
||`Grantstoinstitutions`||||||
||`TriratnaBuddhistOrderCentral`||||`35,680`|`39,910`|
||`AbhayaratnaTrust`||||`14,200`|`-`|
||`Othergrantsunder£2,000each`||||`3,497`|`9,533`|
||||||<br>`53,377`|<br>`49,443`|
||`Grantstoindividuals`||||<br>`-`|<br>`-`|
||||||<br>`$3,377`|<br>`49,443`|
|`10.`|`Supportcosts`||||||
|||`Support`<br>`costs`|`Governance`<br>`costs`|`2022`|`2021`|`_—Basisofallocation`|
|||`£`|`£`|`£`|`£`||
||`Depreciation`|`56,649`|`-`|`56,649`|`46,747`|`Stafftimeonactivity`|
||`Postageandstationery`|`947`|`-`|`947`|`883`|`Stafftimeonactivity`|
||`ITcosts`|`15,640`|`-`|`15,640`|`27,481`|`Stafftimeonactivity`|
||`Bankcharges`|`6,353`|`-`|`6,353`|`4,754`|`Stafftimeonactivity`|
||`Telephone`|`3,387`|`-`|`3,387`|`2,876`|`Stafftimeonactivity`|
||`Travel`|`6,537`|`-`|`6,537`|`2,903`|`Stafftimeonactivity`|
||`Sundryexpenses`|`1,194`|`-`|`1,194`|`(10,773)`|`Stafftimeonactivity`|
||`Insurance`|`30,475`|`-`|`30,475`|`29,416`|`Stafftimeonactivity`|
||`Interestpayable`|`40,887`|`-`|`40,887`|`43,994`|`Stafftimeonactivity`|
||`Auditfees`|`-`|`12,350`|`12,350`|`15,200`|`Governance`|
||`Legalandprofessional`||||||
||`fees`|`-`|`24,496`|`24,496`|`58,162`|`Governance`|
|||<br>`162,069`|<br>`36,846`|<br>`198,915`|<br>`221,643`||
||`Analysedbetween`||||||
||`Fundraising`|`41,037`|`7,185`|`48,222`|`48,771`||
||`Charitableactivities`|`121,032`|`29,661`|`150,693`|`172,872`||
|||<br>`162,069`<br>|<br>`36,846`<br>|<br>`198,915`<br>|<br>`221,643`<br>||





## 

|`heaveragemonthlynumberofemployeesduring`|`theyear was:`||
|---|---|---|
||`2022`|`2021`|
||`Number`|`Number`|
|`LBCcharityshops`|`6`|`6`|
|`LondonBuddhistcentreevents`|`7`|`11`|
|`Breathingspace`|`3`|`5`|
|`Retreatcentreevents`|`3`|`3`|
|`Buddhistcommunities`|`-`|`-`|
|`Support`|`11`|`3`|
|`Governance`|<br>`-`|<br>`1`|
||<br>`30`|<br>`23`|
|`mploymentcosts`|||
||`2022`|`2021`|
||`£`|`£`|
|`Wagesandsalaries`|`473,898`|`423,550`|
|`Socialsecuritycosts`|`26,483`|`28,486`|
|`Otherpensioncosts`|<br>`36,088`|<br>`32,3706`|
||`536,469`<br>|`484,406`<br>|



## 



## 

## 

## 




## 

||`Freehold`|`Fixtures`|`Motor`|`Total`|
|---|---|---|---|---|
||`landand`|`and`|`vehicles`||
||`buildings`|`equipment`|||
||`£`|`£`|`£`|`£`|
|`Cost`|||||
|`At1 April2021`|`2,212,654`|`104,811`|`21,460`|`2,338,925`|
|`Additions`|`2,300,449`|`42,524`|`-`|`2,342,973`|
|`Disposals`|<br>`-`|<br>`(4,417)`|<br>`(9,549)`|<br>`(13,966)`|
|`At31March2022`|<br>`4,513,103`|<br>`142,918`|<br>`11,911`|<br>`4,667,932`|
|`Depreciationandimpairment`|||||
|`Ati April2021`|`651,781`|`91,361`|`16,048`|`759,190`|
|`Depreciationchargedintheyear`|`82,485`|`12,179`|`2,809`|`97,473`|
|`Eliminatedondisposal`|<br>`-`|<br>`(3,413)`|<br>`{9,549}`|<br>`(12,962)`|
|`At31March2022`|<br>`734,266`|<br>`100,127`|<br>`9,308`|<br>`843,701`|
|`Carryingamount`|||||
|`At31March2022`|<br>`3,778,837`|<br>`42,791`|<br>`2,603`|<br>`3,824,231`|
|`At31March2021`|<br>`1,560,873`<br>|<br>`13,450`<br>|<br>`5,412`<br>|<br>`1,579,735`<br>|





## 

## 

||`2022`|
|---|---|
||`£`|
|`Fairvalue`||
|`At1 Apri]2021`|`556,000`|
|`Netgainsorlossesthroughfairvalueadjustments`|`11,000`|
|`At31March2022`|`567,000`|



||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|`Finishedgoodsandgoodsresale`|`21,289`|`10,252`|
|`ebtors`|||
|`Amountsfallingduewithinoneyear:`|||
||`2022`|`2021`|
||`£`|`£`|
|`Tradedebtors`|`5,730`|`14,442`|
|`Otherdebtors`|`29,799`|`2,267,812`|
|`Prepaymentsandaccruedincome`|`1,725`|`8,171`|
||<br>`37,254`<br>|<br>`2,290,425`<br>|





## 

## 

|||`2022`|`2021`|
|---|---|---|---|
||`Notes`|`£`|`£`|
|`Bankloans`|`21`|`99,337`|`96,370`|
|`Othertaxationandsocialsecurity`||`7,685`|`10,965`|
|`Deferredincome`||`63,349`|`1,806`|
|`Tradecreditors`||`-`|`1,105`|
|`Othercreditors`||`11,489`|`11,538`|
|`Accruals`||`57,458`|`31,911`|
|||<br>`239,318`<br>|<br>`153,695`<br>|



## 

||||`2022`|`2021`|
|---|---|---|---|---|
|||`Notes`|`£`|`£`|
||`Bankloans`|`21`|<br>`1,182,179`|<br>`1,281,470`|
||||<br> <br>`1,182,179`|<br> <br>`1,281,470`|
|`21.`|`Loansandoverdrafts`||||
||||`2022`|`2021`|
||||`£`|`£`|
||`Bankloans`||`1,281,516`|`1,377,840`|
||||<br> <br>`1,281,516`|<br> <br>`1,377,840`|
||`Payablewithinoneyear`||`99,337`|`96,370`|
||`Payableafteroneyear`||`1,182,179`<br>|`1,282,470`<br>|





## 

||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|`Carryingamountoffinancialassets`|||
|`Debtinstrumentsmeasuredatamortisedcost`|<br>`36,007`|<br>`193,838`|
|`Carryingamountoffinancialliabilities`|||
|`Measuredatamortisedcost`|`1,364,039`<br>|`1,415,208`<br>|



||||`Movement`|`infunds`||
|---|---|---|---|---|---|
|||`Balanceat`|`Incoming`|`Resources`|`Balanceat`|
||`1`|`April2021`|`resources`|`expended`|`31March2022`|
|||`£`|`£`|`£`|`£`|
|`TriratnaBuddhistOrderIndia`||`26,433`|`7,386`|`(29,935)`|`3,884`|
|`RatnasambhavaFund`||`-`|`9,167`|`-`|`9,167`|
||<br>|<br>`26,433`<br>|<br>`16,553`<br>|<br>`(29,935)`<br>|<br>`13,051`<br>|





## 

## 

||`Balanceat`|`Transfers`|`Balanceat`|`Transfers`|`Balanceat`|
|---|---|---|---|---|---|
||`1April2020`||`1April2021`||`31March2022`|
|||`£`|`£`|`£`|`£`|
|`Vajrasanaretreat`||||||
|`centre`|`42,000`|`(42,000)`|`-`|`-`|`-`|
|`Fixedassetsfund`|`506,500`|`347,500`|`854,000`|`2,297,894`|`3,151,894`|
|`Majorrepairsreserve`|`40,000`|`20,000`|`60,000`|`4,616`|`64,616`|
|`Residential`||||||
|`communityfund`|<br>`32,573`|<br>`{5,729}`|<br>`26,844`|<br>`6,330`|<br>`33,174`|
||<br>`621,073`|<br>`319,771`|<br>`940,844`|<br>`2,297,840`|<br>`3,249,684`|



## 

||`Unrestricted`|`Restricted`|`Total`|
|---|---|---|---|
|`Fundbalancesat31March2022arerepresentedby:`|`£`|`£`|`£`|
|`Tangibleassets`|`3,824,231`|`-`|`3,824,231`|
|`investmentproperties`|`567,000`|`-`|`567,000`|
|`Currentassets/{liabilities)`|`722,404`|`17,424`|`739,828`|
|`Longtermliabilities`|`(1,182,179)`|`“`|`(1,182,179)`|
||<br>`3,931,456`<br> <br>|<br>`17,424`<br> <br>|<br>`3,948,880`<br> <br>|





## 

## 

||`At1 April2021`|`Cashflows`|`At31March2022`|
|---|---|---|---|
||`£`|`£`|`£`|
|`Cashatbankandinhand`|`776,135`|`144,468`|`920,603`|
|`Loansfallingduewithinoneyear`|`(96,370)`|`(2,967}`|`(99,337)`|
|`Loansfallingdueaftermorethanoneyear`<br>|<br>`(1,281,470)`|<br>`99,291`|<br>`(1,182,179)`|
|<br>|<br> <br>`(601,705)`|<br> <br>`240,792`|<br> <br>`(360,913)`|
|`Cashgeneratedfromoperations`||||
|||`2022`|`2021`|
|||`£`|`£`|
|`(Deficit)/surplusfortheyear`||`160,498`|`499,949`|
|`Adjustmentsfor:`||||
|`Lossondisposaloffixedassets`||`1,004`|`1,846,135`|
|`Depreciationandimpairmentoftangiblefixedassets`||`97,482`|`88,960`|
|`Movementsinworkingcapital:`||||
|`Decrease`<br>`/(increase)instocks`||`(21,037)`|`6,822`|
|`Decrease/{increase)indebtors`||`2,253,171`|`{2,201,505)`|
|`(Decrease)/increaseincreditors`<br>`(Decrease)/ increaseindeferredincome`||`17,663`<br>`64,993`|`11,953`<br>`(68,054)`|
|`Cashgeneratedfromoperations`||<br>`2,583,774`<br>|<br>`184,260`<br>|



## 



## 

||`Unrestricted`|`Restricted`|`Total`|
|---|---|---|---|
||`funds`|`funds`||
||`2021`|`2021`|`2021`|
||`£`|`£`|`£`|
|`incomefrom:`||||
|`Donationsandlegacies`|`467,855`|`34,979`|`502,834`|
|`Charitableactivities`|`534,625`|`-`|`534,625`|
|`Tradingactivities— shops`|`108,723`|`-`|`108,723`|
|`Investments`|<br>`14,344`|<br>`-`|<br>`14,344`|
|`Tota!income`|<br>`1,125,547`|<br>`34,979`|<br>`1,160,526`|
|`Expenditureon:`||||
|`Raisingfunds- shopsrunningcosts`|<br>`175,380`|<br>`-`|<br>`175,380`|
|`Charitableactivities`|<br>`575,006`|<br>`28,368`|<br>`603,374`|
|`Totalresourcesexpended`|<br> <br>`750,386`|<br> <br>`28,368`|<br> <br>`778,754`|
|`Net(expenditure)/incomefortheyear/`||||
|`Netmovementinfunds`|`375,161`|`6,611`|`381,772`|
|`Fundbalancesat1 April2020`|`3,375,788`|`19,822`|`3,395,610`|
|`Fundbalancesat31March2021`|<br>`3,750,949`<br>|<br>`26,433`<br>|<br>`3,777,382`<br>|