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|Contents||Page|
|---|---|---|
|Trustees Report .||1-22|
|Auditors<br>Report||23-26|
|Statement ofFinancial|Activities|27|
|Balance Sheet||28|
|Statement ofCash Flows.||29|
|Notes to the Financial|Statements|30-37|





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|||England &|Scothnd|
|---|---|---|---|
|||Wales||
|Sustenance|Activities:|63,182|95|
|Sustenance|Events &Groups|||



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|||||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Fuush|Funk|Funk|Funds|
||||||Note|?022|2022|2022|2021|
|INCOMING RISOURCIS||||||||||
|Voluntary hcome||||||||||
|Donations||||||39,885|v 180,840|~~0;Pd|3,859386|
|Legacies|||||||44587|44387|81,555|
|Taxrefunds<br>on aid Aid Donations||||||91,655|(95480|28745|326/69|
|Activities<br>to Generate||funds||||||||
|hxestment<br>hcome|||||||75377|75377|76,699|
|Other hcome|||||||802232|802232|6179)6|
|Net hcoming resources|||available|for charitable||(31~|37984(6|3,429 t)56|4,961,925|
|Application||||||||||
|Charitable<br>Actoidsties||by|objectim:|||||||
|Rgu(ar Discourses|||||||(1.05~56)|(1,051356)|(912,593)|
|Lectures &Seminars|||||||( IS,3-6|(748340)|(648.95 v)|
|Religious Festival &Special Events|||||||(7~7 743'i|(vf 343)|(~l'i Q, )|
||||||||||0|
|Retreats||||||||||
||||||||(2.05'.939)|(2,057.939)|().'84,627)|
|Cxtvemance<br>costs|||||||(3)5,1)y))|(315.1X)|(275,632)|
|Total resources<br>expended|||||||(23 3.039)|(l,373,Q39)|(2,060 v59)|
|Transfers||||||(71' 563)|7 17'|||
|(Degctt) / Surplus|in|the year||||(581.023)|1,637i)40|1,056i)17|?SQ(,666|
|hc one and expenditure<br>Funds cerned forward|||brought|forward||581,023|21,512,746<br>23,150,686|22,093769<br>23,150,686|19192,103<br>22,093,769|
|Revahation<br>reserve|||||||I,)61/82|1,)61382|I,(6(PS?|
|Accumulated<br>fund|carried forward||||||243 lo 068|24/ 12,068|23+75,151|





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||||Note|2022|2021||
|---|---|---|---|---|---|---|
|||||f|f||
|Fixed Assets|||||||
|Tangible assets|||4|17902.700|17,913,683||
|Current Assets|||||||
|Debtors|||5|30,102|110,269||
|Cash at bank|and in hand|||6.379.200|5231.199||
|||||6<br>09.30-|5.340|68|
|Net Current|Assets|||6409302|53<br>1|66|
|Total Assets|Less Current|LiabiTides||24.112.008|1 55.151||
|Represented|by:||||||
|Accumulated|Funds||||||
|Unrestricted|funds|||24,312,068|22,674,|128|
|Restricted funds|||||581,023||
|Total Funds|||6|24,312.068|23,255,|151|





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|||||Notes|2022||2021|
|---|---|---|---|---|---|---|---|
|Cash flows from|operating|activities||||||
|Net cash provided|by operating||activities|10||940,276|2,866,538|
|Cash tlows from|investing|activities||||||
|Investment<br>income|||||75,377||76,699|
|Purchase offixed assets|||||(798,732)||(2.568.300)|
|Saleoffixed assets|||||931,080||815,427|
|Net cash used in|investing|activities||||207,725|((.676.174)|
|Changes in cash|and cash|equivalents<br>in the year||||1,148,001|1,190,364|
|Cash snd cash equivalents||at|beg5nning ofthe year|||5,231,199|4,040,835|
|Cash and cash equivalents||at|the end ofthe year|||6,379,200|5,731,199|





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|Regular Religious Discourses|45%|
|---|---|
|Lectures, Seminars &Courses|32%|
|Religious Festivals &Special Events|— 11%|
|Governance|12%|





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|Freehold|properties|2.5%on cost|
|---|---|---|
|Leasehold|properties|overperiod oflease|
|Furniture|fittings<br>and equipment|10%on cost|
|Computers||33.33%on cost|
|Motor vehicles||20% on cost|



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||Regular|Lectares &|Religious<br>Festival|&|Retreats|Governance|Total|Total|
|---|---|---|---|---|---|---|---|---|
|Charitable<br>Activity|Discourses|Seminars|Special Events||||||
||||||||2022|2021|
||8||||f||||
|Rest Rates & Water|181,198|128,850||44492||48,319|402,659|405,733|
|Electricity fuel and gas|110,493|78,573||27,009||29,465|245,540|190475|
|Insurance|35Z58|25,073||8,619||9,402|78352|87,727|
|Telephone &fax|14'I0|IOd I8||3,547||3,869|32444|26302|
|Printing &Stationery|5,827|4,144||1,424||1,554|12,949|8,034|
|Miscellaneous|(25)|(18)||(6)||(7)|(56)||
|Motor &Travel|52/05|37,124||12,761||13,921|116,011|94327|
|Tlammg||||||2240|2440|1374|
|Repairs & Maintenance|242,593|172,511||59,301||64,692|539,097|340,797|
|Hire ofEquipment|4380|3,114||1,071||1,168|9,733|26,821|
|Kitchen &Catermg|44,847|31,891||10,963||11,959|99,660|74,691|
|Garden expenses|1,194|849||292||318|2,653|2,727|
|ITCosts<br>Advertising<br>/ Promotion|51,729<br>1,786|36,785<br>!f70||12,645<br>437||13,794<br>476|114,953<br>3,969|106,116<br>4Z49|
|&Professional||||||14361|14261|21,814|
|Audit||||||6,000|6,000|6,000|
|Bank Charges||||||11,973|11,973|3,086|
|Depreciation|306361|217,856||74,888||81,696|680,801|659,886|
||1,052356|748340|257Z43|||315,100|7,373,039|2,060Z59|





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||Freehold|Leasehold|Furniture|Computer|Motor|Total|
|---|---|---|---|---|---|---|
||Properties|Property|Fittings &||vehicle||
|Cost:|||Equipment<br>f||||
|At 1 January 2022|14,515,076|13,583 768|1,786,363|382,363|158,064|30,425,134|
|Additions<br>during the year|11,464|585,659|109,034|6,377|86,198|798,732|
|Disposals in the year|(319,519)||||(16,853)|(336,372)|
|At 31 December 2022|14 207 0<br>1|14 168 9-7|1 895 397|388 740|227 409|30 887494|
|Depreciation:|||||||
|At 1 January 2022|8,244,477|2,227,992|1,509,570|380,089|149,323|12,511,451|
|Charge for the year|354,144|244,282|57,012|4,398|20,965|680,801|
|Dispose!s in the year|(191,711)||||(15,813)|(207,524)|
|At 31 December 2022|8,406,910|2.472274|1.566,582|384,487|154475|12984728|
|Net book value:|||||||
|At 31 December 2022|5.800<br>1|11.696.653|3 8.815|~53|72.93|17.902.766|
|At 31 December 2021|6 270 599|11355276|276 793|2274|8 741|17913683|



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|5.Debtors||||
|---|---|---|---|
|||2022|2021|
|Other debtors|||399|
|Prepayments|and accrued income|30,102|109,870|
|||30,102|110,269|





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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2022|2022|2022|2021|
|Balances brought||forward at start ofthe year|581,023|21,512,746|22,093,769|19,192,103|
|Net incoming|resources for the year||131,540|925,377|1,056,917|2,901,666|
|Balances carried||forward at end ofthe year|712,563|22,438,123|23,150,686|22,093,769|
|Transfers|||l712,563)|712,563|||
|Revaluation|reserves|||1,161,382|1,161,382|1,161,382|
|Accumulated|funds carried forward||0|24,312,068|24,312,068|23755,151|



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||||Balance at|Movements|Movements|in|2022|Balance at|
|---|---|---|---|---|---|---|---|---|
||||1.1.22|||||31.12.22|
|||||Incoming<br>f|Outgoing<br>f||Transfers|f|
|Restricted|funds||||||||
|Global Retreat Centre plumbiug|||581,023|131440|||l712,563)||
|and refurbishment||project|||||||
|Total Funds|||581,023|131440|||(712563)||





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||||2022|||2021||
|---|---|---|---|---|---|---|---|
|Teufel&le|Restricted<br>f||Unrestricted<br>f|Total|Restricted|Unrestricted|Total|
|fixed assets|||17,902,766|17,902,766||17,913,683|17,913,683|
|Net current assets|||6,489,070|6,489,070|2,477 721|2,919,247|5,341,468|
|Net assets||0|24,391,836|24,391,836|2,422,221|20,832,930|23,255,151|



|(c)Detailed comparativ|es|for th|e statement offinancial activ|itim|||
|---|---|---|---|---|---|---|
|||||Restricted|Unrestricted|Total|
|||||Funds|Funds|Funds|
|||||2021|2021|2021|
|INCOMING RESOURCES|||||||
|Voluntary<br>Income|||||||
|Donations||||1,930,340|1,929,046|3,859,386|
|Legacies|||||81,555|81,555|
|Tax refunds<br>on Gift Aid Donations||||81,642|244,727|326,369|
|Activities to Generate|funds||||||
|Investment<br>Income|||||76,699|76,699|
|Other Incoming resources|||||617,916|617,916|
|Net Incoming resources||available for charitable||2,011,982|2,949,943|4,961,975|
|Application|||||||
|Charitable<br>Activities|by|objective:|||||
|Regular Discourses|||||(912.593)|(912.593)|
|Lectures & Seminars|||||(6-18.957)|(648.957)|
|Religious<br>Festival &Special Events|||||(223.077)|(223.077)|
|Retreats|||||||
|Donations to further specific projects|||||||
||||||(1.784.627)|(1.784.627)|
|Governance<br>costs|||||(275.632)|(275 637)|
|Total resources expended|||||(2.060.259)|(2.060.259)|
|Transfers||||(I.B-) 1 198)|1,841,198||
|(Deficit) ISurplus in|the|year||170,784|2,730,882|2,901,666|
|Income and expenditure|brought||forward|410,239|18,781,864|19,192,103|
|Funds carried forward||||581,023|21,512,746|22,093,769|
|Revaluation<br>reserve|||||1,161,382|1,161,382|
|Accumulated<br>fund carried forward||||581,023|22,674,128|23255,151|





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|At 31December 2022 the charity had total co<br>leases as follows:|mmitments<br>under non-cancellable<br>operating|mmitments<br>under non-cancellable<br>operating|
|---|---|---|
||Land &Buildings||
||2022|2021|
|Expiry date:|||
|Within one year|260,164|260,164|
|Between two and five years|581,590|581,590|
|In over five years|644,732|644,732|





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||||||2022|2021|
|---|---|---|---|---|---|---|
|Net income/(expenditure)||for the reporting||period|1,0566)17|2901,666|
|Depreciation<br>charges|||||680,801|659,886|
|Investment<br>income|||||(75377)|(76.699)|
|Profit &om sak ofassets|||||(807737)|(617,916)|
|Decrease/(increase)|in debtors||||80,167|(399)|
|Net cash provided by|operating||activities||969 76|2,866438|



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|||As at 01.01.22|Cash flows|As at31.12.22|
|---|---|---|---|---|
|Cash|at bank and in hand|5,231,199|1,148,001|6,379,200|
|Total|cash and cash equivaknts|5,231,199|1,148,001|6,379,200|



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