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2020-12-31-accounts

Chairwoman's Report for 2020 . From Sucimani (Karen Fletcher)

The Trust's exclusive activity during 2020 continued to be the funding of the Office of the Triratna Buddhist Order. At the end of 2020 there were just over 2,340 members, who in turn are responsible for the public centres and the many different worldwide activities of the Triratna Buddhist Community. During 2020 our work included:

  1. Supporting Lokeshvara and Aryajaya including with NI contributions and pension contributions. Lokeshvara and Aryajaya are the International Convenors of the Order which involves maintaining contact with the Order areas internationally and facilitating communication through chapters, order weekends, conventions etc.

  2. The International Order Office team continued, as in previous years, to provide a number of very important services to the Triratna Buddhist Order worldwide including publication and distribution of Shabda, the Order information service, maintaining the Order register and Order website, and supporting the development of the network of Order convenors worldwide, the organisation of a large international Order event which was held online due to the covid restrictions. It was well attended by over 700 order members worldwide and was a very successful event. We have also continued to have weekly meditation sessions for order members which again are well attended and there is much appreciation expressed for them,

  3. 3.The partnership between the Trust and Dharmachakra was working well and it was pleasing to see the spaces on their online site for order members were being well used.

  4. We contributed towards the support costs for one member of staff as the order strand’s contribution to their work for the international council.

  5. Due to the covid restrictions very few ordinations took place in 2020. The total number worldwide was 31.

The International Order Office team in 2020 saw the departure of Vajrapriya having passed on his duties to Amaradaya. We also had the arrival of Vandika as a team member and Subhadassi as a new

order convenor with responsibility for care and conduct in the

order. On behalf of the Trustees I would like to thank the following:

Vimalamati, Assistant to the international order convenors Sadayasihi, Order information, database and website. Amaradaya, Administrator of the Trust and Team Co-ordinator Vandika, Assistant to the international order convenors Aryajaya, International Order Convenor

Lokeshvara, International Order Convenor Subhadassi, Order Convenor.

I am very pleased to see a strong international order office team in place.

Sucimani (Karen Fletcher) Chairwoman October 13th 2021

Accrual Basis

The Triratna Trust - Main and Convention Profit Loss Prev Year Comparison January to December 2019/2020

The Triratna Trust - Main Income Statement 2020 The Triratna Trust - Main Income Statement 2020
Jan - Dec 20 Jan - Dec 19 £ Change
Ordinary Income/Expense
Income
Bank Interest 194 262 -68 Note 4
Gift Aid 9632 8009 1623 Note 6
ID Cards 60 45 15
Kesa Replacements 145 571 -426
Miscellaneous Income 10 2000 -1990 Note 7
Order dana - current year 120579 118612 1967 Note 8
Order Dana - previous years 380 598 -218
Robes Income 3564 0 3564 Note 9
Shabda - Adverts 0 110 -110
Shabda - Postage 126 202 -76
Total Income 134691 130409 4282
Expense
Depreciation Expense 1811 0 1811 Note 10
Ofce Expenses
Computer 1508 423 1085 Note 11
Postage 52 55 -3
Stationery 35 261 -225
Telephone 0 9 -9
Total Ofce Expenses 1595 748 847
Order Convenors
Aryajaya - employee pension 678 649 29
Aryahata - health 670 280 389
Aryajaya - rent 5640 5640 0
Aryajaya - tax & NI 1806 1965 -159
Aryajaya - travel 280 5423 -5143
Aryajaya - support 8820 8820 0
Lokeshavara - health 33 135 -102
Lokeshavara - rent 5640 5640 0
Lokeshavara - travel 720 5620 -4900
Lokeshvara - support 8820 8820 0
Lokeshvara - pension 678 564 113
Lokeshvara - tax and NI 1806 1880 -74
Subhadasi - support 1581 0 1581
Subhadasi - tax & NI -622 0 -622
Total Order Convenors 36548 45436 -8889 Note 12
Other Expenses
ClearVision grant/Edit laptop 1500 0 1500 Note 14
Credit card charges 10 94 -84
Direct debit charges 1406 1455 -49
Donation to Indian OO 1500 3000 -1500 Note 15
Employer pension contribution 2002 2070 -68
Grant for International Council 0 2543 -2543 Note 16
Insurance 503 453 50
Kesa production 664 1886 -1221 Note 17
d Convention
omparison
19/2020
The Triratna Trust - Convention Income St
Income
Bank Interest
Convention
Total Income
Expense
Convention Expenses
Total Expense
Proft for the year
atement 2020
Jan - Dec 20
Jan - Dec 19
£ Change
115
127
-13
7911
85778
-77867
Note 5
8026
85905
-77879
770
80827
-80057
770
80827
-80057
Note 13
7256
5078
2179
Note 28

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Accrual Basis

The Triratna Trust - Main and Convention Profit Loss Prev Year Comparison January to December 2019/2020

Jan - Dec 20
Jan - Dec 19
£ Change
212
2301
-2088
Note 18
1104
911
193
Note 19
762
741
21
420
518
-98
47
171
-124
400
0
400
Note 20
411
1006
-595
Note 21
441
0
441
15000
10000
5000
312
0
312
85
637
-552
26778
27784
-1006
324
334
-10
3471
3388
84
5118
3976
1142
1221
1138
83
0
60
-60
0
0
0
18
94
-76
10153
8989
1164
Note 25
The Triratna Trust - Convention Income St atement 2020
Jan - Dec 20
Jan - Dec 19
£ Change

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Accrual Basis

The Triratna Trust - Main and Convention Profit Loss Prev Year Comparison January to December 2019/2020

The Triratna Trust - Convention Income St
Jan - Dec 20
Jan - Dec 19
£ Change
436
0
436
266
0
266
9204
0
9204
1271
0
1271
283
253
30
88
433
-345
6791
6387
404
0
-105
105
0
0
0
3380
3250
130
78
362
-283
85
847
-762
1475
8785
-7310
16
70
-55
61
0
61
214
0
214
1157
0
1157
315
0
315
470
455
15
284
824
-540
2380
5640
-3260
0
162
-162
9532
5438
4094
326
398
-72
38111
33199
4912
Note 26
114996
116157
-1161
19695
14252
5443
19695
14252
5443
Note 28
The Triratna Trust - Convention Income St atement 2020
Jan - Dec 20
Jan - Dec 19
£ Change

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The Triratna Trust - Statement of Financial Position Year Ended 31 December 2020

Fixed Assets
Depreciation - Chapter House
Devotional Objects and Chapter House
OtherAssets
Depreciation - 50 Voices
50 Voices
Inter-company
Current Assets
Co-op Currents Accounts
Co-op Deposit
COIF Deposit Accounts
Other current assets
Total Current Assets
Total Assets
Current Liabilities
Sundry Creditors
Total Liabilities
Net Assets
Capital Account
Brought Forward
Proft/loss for the year
Represented by:
Order account
Convention Account
2020
-811
10649
9838
-1000
5000
85
4085
71389
50210
38819
37333
197750
211673
9292
9292
202381
175430
26951
202381
146793
55588
202381

4 of 11 SFP 10/27/2021

2019

0
8897
8897 Note 27
5000
85
5085 Note 27
73001
40058
38717 Note 1
19639 Note 2
171416
185398
9968 Note 3
9968
175430
156100
19330
175430
127098
48332
175430

5 of 11 SFP 10/27/2021

The Tiratana Trust - Main and Convention Combined Profit Loss Previous Year Comparison January to December 2020

Accrual Basis

The Triratna Trust - Combined Income Statement 2020 The Triratna Trust - Combined Income Statement 2020
Jan - Dec 20 Jan - Dec 19
Ordinary Income/Expense
Income
Bank Interest 309 389
Convention Income 7911 85778
Gift Aid 9632 8009
ID Cards 60 45
Kesa Replacements 145 571
Miscellaneous Income 10 2000
Order dana - current year 120579 118612
Order Dana -prev.years 380 598
Robes Income 3564 0
Shabda - Adverts 0 110
Shabda - Postage 126 202
Total Income 142717 216314
Expense
Depreciation Expense 1811 0
Ofce Expenses
Computer 1508 423
Postage 52 55
Stationery 35 261
Telephone 0 9
Total Ofce Expenses 1595 748
Order Convenors
Aryajaya - employee pension 678 649
Aryajaya - health 670 280
Aryajaya - rent 5640 5640
Aryajaya - support 8820 8820
Aryajaya - tax & NI 1806 1965
Aryajaya - travel 280 5423
Lokeshvara - employee pension 678 564
Lokeshavara - health 33 135
Lokeshavara - rent 5640 5640
Lokeshvara - support 8820 8820
Lokeshvara - tax and NI 1806 1880
Lokeshavara - travel 720 5620
Subhadasi - support 1581 0
Subhadasi - tax & NI -622 0
Total Order Convenors 36548 45436

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The Tiratana Trust - Main and Convention Combined Profit Loss Previous Year Comparison January to December 2020

Accrual Basis

The Triratna Trust - Combined Income Statement 2020

Jan - Dec 20 Jan - Dec 19

Other Expenses
Convention Expenses
ClearVision grant/Edit laptop
Credit Card Charges
Direct debit charges
Donation to Indian OO
Employer pension contribution
Grant for International Council
Insurance
Kesa Production
Legal fee contribution
Miscellaneous Expenses
NI shortfall
Online banking charges
Refreshments
Retraining and relocation
Retreat allowance for PT staf
Robes postage
The Buddhist Centre
Training
Trustees Expenses
Total Other Expenses
Shabda
Broadband, phone calls/line
Paper, materials, printing
Postage
Rent
Shantavira - Health
Shantavira - Support
Shantavira - travel
Total Shabda
770
80827
1500
0
10
94
1406
1455
1500
3000
2002
2070
0
2543
503
453
664
1886
212
2301
1104
911
762
741
420
518
47
171
400
0
411
1006
441
0
15000
10000
312
0
85
637
27548
108611
324
334
3471
3388
5118
3976
1221
1138
0
60
0
0
18
94
10153
8989

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The Tiratana Trust - Main and Convention Combined Profit Loss Previous Year Comparison January to December 2020

Accrual Basis

The Triratna Trust - Combined Income Statement 2020

The Triratna Trust - Combined Income Statement 2020
Support Staf
Amaradaya - employee pension
Amaradaya - expenses
Amaradaya - support
Amaradaya - tax & NI
Prashrabdhi - employee pension
Prashrabdhi - expenses
Prashrabdhi - support
Prashrabdhi - tax and NI
Sadayasihi - support
Vajrapriya - expenses
Vajrapriya - support
Vajrapriya - pension
Vajrapriya - tax and NI
Vandika - employee pension
Vandika - expenses
Vandika - support
Vandika - tax & NI
Vimalamati - expenses
Vimalamati - rent
Vimalamati - retreats
Vimalamati - support
Vimalamati - pension
Vimalamati - tax & NI
Total Support Staf
Total Expense
Net Ordinary Income
Proft for the Year
Jan - Dec 20
Jan - Dec 19
436
0
266
0
9204
0
1271
0
283
253
88
433
6791
6387
0
-105
3380
3250
85
847
1475
8785
78
362
16
70
61
0
214
0
1157
0
315
0
284
824
2380
5640
0
162
9532
5438
470
455
326
398
38111
33199
115766
196984
26951
19330
26951
19330

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The Tiratana Trust - Main and Convention Combined Profit Loss Previous Year Comparison January to December 2020

Accrual Basis

The Triratna Trust - Combined Income Statement 2020 The Triratna Trust - Combined Income Statement 2020
£ Change
Ordinary Income/Expense
Income
Bank Interest -81 Note 4
Convention Income -77867 Note 5
Gift Aid 1623 Note 6
ID Cards 15
Kesa Replacements -426
Miscellaneous Income -1990 Note 7
Order dana - current year 1967 Note 8
Order Dana -prev.years -218
Robes Income 3564 Note 9
Shabda - Adverts -110
Shabda - Postage -76
Total Income -73597
Expense
Depreciation Expense 1811 Note 10
Ofce Expenses
Computer 1085 Note 11
Postage -3
Stationery -225
Telephone -9
Total Ofce Expenses 847
Order Convenors
Aryajaya - employee pension 29
Aryajaya - health 389
Aryajaya - rent 0
Aryajaya - support 0
Aryajaya - tax & NI -159
Aryajaya - travel -5143
Lokeshvara - employee pension 113
Lokeshavara - health -102
Lokeshavara - rent 0
Lokeshvara - support 0
Lokeshvara - tax and NI -74
Lokeshavara - travel -4900
Subhadasi - support 1581
Subhadasi - tax & NI -622
Total Order Convenors -8889 Note 12

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Accrual Basis

The Tiratana Trust - Main and Convention Combined Profit Loss Previous Year Comparison January to December 2020

The Triratna Trust - Combined Income Statement 2020

Other Expenses
Convention Expenses
ClearVision grant/Edit laptop
Credit Card Charges
Direct debit charges
Donation to Indian OO
Employer pension contribution
Grant for International Council
Insurance
Kesa Production
Legal fee contribution
Miscellaneous Expenses
NI shortfall
Online banking charges
Refreshments
Retraining and relocation
Retreat allowance for PT staf
Robes postage
The Buddhist Centre
Training
Trustees Expenses
Total Other Expenses
Shabda
Broadband, phone calls/line
Paper, materials, printing
Postage
Rent
Shantavira - Health
Shantavira - Support
Shantavira - travel
Total Shabda
£ Change
-80057
Note 13
1500
Note 14
-84
-49
-1500
Note 15
-68
-2543
Note 16
50
-1221
Note 17
-2088
Note 18
193
Note 19
21
-98
-124
400
Note 20
-595
Note 21
441
5000
Note 22
312
Note 23
-552
Note 24
-81063
-10
84
1142
83
-60
0
-76
1164
Note 25

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The Tiratana Trust - Main and Convention Combined Profit Loss Previous Year Comparison January to December 2020

Accrual Basis

The Triratna Trust - Combined Income Statement 2020

Support Staf
Amaradaya - employee pension
Amaradaya - expenses
Amaradaya - support
Amaradaya - tax & NI
Prashrabdhi - employee pension
Prashrabdhi - expenses
Prashrabdhi - support
Prashrabdhi - tax and NI
Sadayasihi - support
Vajrapriya - expenses
Vajrapriya - support
Vajrapriya - pension
Vajrapriya - tax and NI
Vandika - employee pension
Vandika - expenses
Vandika - support
Vandika - tax & NI
Vimalamati - expenses
Vimalamati - rent
Vimalamati - retreats
Vimalamati - support
Vimalamati - pension
Vimalamati - tax & NI
Total Support Staf
Total Expense
Net Ordinary Income
Proft for the Year
£ Change
436
266
9204
1271
30
-345
404
105
130
-762
-7310
-283
-55
61
214
1157
315
-540
-3260
-162
4094
15
-72
4912
Note 26
-81218
7621
7621
Note 28

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INDEPENDENT EXAMINE*S REPORTTOTHE TRUSTEES OF THE TRIRATNA TRUST. I report on the accounts of the charity the Trirdtna Trust for the Year Ended 31" December 2020 RESPEcfivE RESPONSIBULTIES OF TRusfEES AND EXAMINER As the charityls trustees you are responsible for the preparation of the accounts.. you consider that the audit requirement of section 4312le of the Charities Act 1993 (the Act) does not apply,. it is mv responsibility to stste, on the basis of procedures specrfied in the General Dirertions given by the charity Commissioners under section 4317} Ib) of the ACL whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINERS REPORT. My examination VAS carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting retords kept by the charity and a comparison of the accounts presented wtth records. It includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning such matters. The pmcedure5 undertaken do not provide evidence that V￿uld be required in an audr¢ and consequently I do not express an audit opinion given by the accounts. INDEPENDENT EXAMINEf STATEMEI All records that were èsked for were provided to me in my examination, and no matters came to light that suggested true and accurate records were not being kepL Signed: W. McGinlev Upper Demesne. TheTumi Garway, HR2 81U 2￿ Septernber 2021