## Triratna Trust Trustees’ Report 2021 by Vajrapriya (Simon Moss), Chair The Trust's exclusive activity during 2021 continued to be the funding the activities of the _International Order Office_ of the Triratna Buddhist Order, whose role is to support the Order internationally. At the end of 2021 there were just under 2400 members, who in turn are responsible for the public centres and the many different worldwide activities of the Triratna Buddhist Community. During 2021 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. Increasing the contracted hours of Subhadassi as Ethics Order Convenor, which further reduced some of the load on Aryajaya and Lokeshvara. 3. 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. 4. In-person events were able to restart, and we helped to organise a large weekend event for Order Members in the UK & Ireland in August, which was available online to the International Order. 5. We have continued to hold online weekly meditation sessions for order members which remain well attended and there is much appreciation expressed for them. 6. The gradual lifting of covid-restrictions saw the tentative return of Ordination retreats in a variety of novel guises, so that altogether 106 people joined the Order in 2021. 7. We continue the partnership between the Trust and Dharmachakra as our database and communications provider. Internally, 2021 was a year of much change for the Trust and International Order Office. It saw the handover of our book-keeping from Prashrabdhi to Lokabandhu; Sadayasihi also moved on from her role managing Order data and emails, to be replaced by Dassini. And finally, Vandika reduced the scope of her role, while she still provides some essential backup with kesa production. And at the end of 2021, our long-standing Chair, Sucimani (Karen Fletcher) stepped down as a trustee. Meanwhile I was invited back (after working as manager) to become a trustee and was appointed Chair in December. On behalf of the Trustees, I would like to thank the following: Sucimani for her many years of work dedicated to Chairing the Trust Vimalamati for her pivotal work over the years, and providing continuity at a difficult time of transition. Sadayasihi for curating the Order data with such care, and being responsive around the Order’s communication needs. Prashrabdhi for her years of service and handing over her work to Lokabandhu so thoroughly. Shantavira, Shabda Compiler. Lokabandhu, Finance manager. Dassini, Order information, database and website. Amaradaya, Administrator of the Trust and Team Co-ordinator. Aryajaya and Lokeshvara, International Order Convenors, and Subhadassi, Ethics Order Convenor. I am very pleased to see the new team in place and supporting the worldwide Order to such great effect Vajrapriya (Simon Moss), Chair, 1 November 2022 ## **Triratna Trust Balance Sheet** ## **As of December 31, 2021** |**Fixed Asset**
**Tangible assets**
**Chapter House**
**IOC Rupas**
**Accumulated Depreciation**
**Total Tangible assets**
**Non-Current Assets**
**50 Voices from legacy**
**inter-company**
**Order App from legacy**
**Accumulated Depreciation**
**Total Non-Current Assets**
**Total Fixed Asset**
**Cash at bank and in hand**
**Current Assets**
**Accrued income**
**Prepaid expenses**
**Robes**
**Work In Progress**
**Total Current Assets**
**Net current assets**
**Creditors: amounts falling due within one year**
**Current Liabilities**
**Accrued expenses**
**Ethics & Reconciliation Fund**
**Prepaid Income**
**Restorative training pot**
**Robes loan - Windhorse Tst**
**Total Current Liabilities**
**Total Creditors: amounts falling due within one year**
**Net current assets (liabilities)**
**Total assets less current liabilities**
**Total net assets (liabilities)**
**Charity funds**
**Members Equity**
**Share Capital Account**
**Surplus/(Deficit)**
**Total Charity funds**
**Represented by:**
**Order account**
**Convention Account**
**Total Charity funds**|**As of Dec 31,**
**2021**
**As of Dec 31,**
**2020 (PY)**
**Change**
**Notes**
6,489
6,489
0
4,160
4,160
0
-1,622
-811
-811
**£ 9,027 £ 9,838£ -811**
500
0
500
85
85
0
5,000
5,000
0
-2,000
-1,000
-1,000
**£ 3,585 £ 4,085£ -500**
**£ 12,612 £ 13,923£ -1,311**
**£ 185,878 £ 160,417 £ 25,461**
�
9,343
16,005
-6,662
�
796
381
415
6,060
15,947
-9,887
�
5,000
5,000
0
**£ 21,199 £ 37,333£ -16,134**
**£ 207,077 £ 197,750 £ 9,328**
-1,000
187
-1,187
1,500
0
1,500
2,796
1,105
1,690
�
6,407
0
6,407
4,000
8,000
-4,000
�
**£ 13,703 £ 9,292 £ 4,411**
**£ 13,703 £ 9,292 £ 4,411**
**£ 193,375 £ 188,458 £ 4,917**
**£ 205,987 £ 202,381 £ 3,606**
**£ 205,987 £ 202,381 £ 3,606**
134,781
107,831
26,950
67,599
67,599
0
3,606
26,950
-23,345
**£ 205,987 £ 202,381 £ 3,606**
150,224
146,793
3,431
55,763
55,588
175
**£ 205,987 £ 202,381 £ 3,606**
**Total**| |---|---| Sunday, Dec 4, 2022 09:26:35 pm GMT0 - Accrual Basis ## **Triratna Trust Financial Activities January - December 2021** ## **Total** |**Income**
**Bank Interest**
**Convention income**
**Gift Aid**
**ID Cards**
**Kesa Replacements**
**Miscellaneous Income**
**Order dana - current year**
**Order Dana -prev.years**
**Robes income**
**Shabda - Adverts**
**Shabda - Postage**
**Total Income**
**Expenditures**
**Convention Expenses**
**Depreciation Expense**
**Office Expenses**
**Order Convenors**
**Other Expenses**
**ClearVision grant/Edit laptop**
**Direct debit charges**
**Donation to Indian OO**
**Employer pension contributions**
**Independent Examiner**
**Insurance**
**Kesa Production**
**Legal fee contribution**
**Miscellaneous Expenses**
**NI shortfall**
**Online banking charges**
**Refreshments**
**Relocation and re-training**
**Robes postage**
**The Buddhist Centre**
**Training**
**Trustees Expenses**
**Total Other Expenses**
**Shabda**
**Support Staff**
**Suspense**
**Total Expenditures**
**Net Income/(Expenditure)**|**Jan - Dec 2021**
**Jan - Dec 2020 (PY)**
**Change**
�����
132
309
-177
0
7,911
-7,911
10,166
9,632
533
�
5
60
-55
159
145
14
0
10
-10
126,509
120,579
5,930
�
176
380
-204
-991
3,564
-4,556
�
360
360
194
126
68
**£ 136,709 £ 142,716£ -6,007**
2,695
770
1,925
1,811
1,811
0
1,215
1,595
-380
51,701
36,548
15,154
�
0
1,500
-1,500
1,336
1,406
-70
1,500
-1,500
2,636
2,002
634
300
300
0
508
503
5
1,488
664
824
212
-212
39
804
-765
780
762
18
�
436
430
6
7
47
-40
400
-400
1,295
441
855
15,000
15,000
0
312
-312
226
85
141
**£ 24,052 £ 26,367£ -2,315**
10,758
10,153
605
**£ 40,871 £ 38,522 £ 2,349**
�
0
0
**£ 133,104 £ 115,766 £ 17,338**
**£ 3,606 £ 26,950£ -23,345**| |---|---| Sunday, Nov 27, 2022 09:25:29 pm GMT0 - Accrual Basis ## **Notes to the 2021 Triratna Trust accounts** - 1 **Gift Aid** . Gift aid receivable in 2021 is estimated at £9,343. A claim has been submitted for this amount. The extra £800 arises from an unexpected extra repayment relating to 2020. 2. **Order Dana** . This continues to be healthy and increase slowly as the size of the Order increases. 3. **Robes income** . A total of £8,895 was received in payments for robes, however the stock was written down by a total of £9,886 leading to the small book loss of £991. The remaining stock of £6,060 is shown on the balance sheet. 4. **Order Convenors** . The total expense for Order Convenors increased because a third Order Convenor was appointed during 2021. 5. **National Insurance.** The situation with National Insurance underpayment was fully resolved during 2021. 6. **Support Staff.** The support staff consist of a bookkeeper, assistant to the Order Convenors, kesa and robe production manager, and a team manager. 7. **Prepaid Income** . This relates to income received in 2021 for the 2022 Order Convention. 8. **Robes loan** . This was half repaid in 2021 and was fully repaid during 2022. 9. **Cash at Bank** includes £50,341 in the charity deposit account which holds the charity's reserves. This equates to over 4 months regular income. Due to access issues it was not possible to verify to exact current balance of the COIF account; the figure presented is taken from the 2020 accounts with 2021 interest added. The detailed balances of the Trust’s accounts were as follows on 31/12/2021: INDEPENDENT EXAMINEWS REPORTTO THE TRusfEES OF THE TRIRATNA TRUST. I report on the accounts of the charity the Trirakna Trust for the Year Ended 31" December 2021 RESPECnVE RESPONSIBLILTIES OF TRusfEES AND EXAMINER As the charivs trustees you are responsible for the preparation of the accounts: you consider that the audit requirement of section 4312le of the Charities Act 1993 lthe Act) does not apply: it is my responsibility to state. on the basis of procedures specified in the General Directions given by the chartty Commissioners under section 43(7) (bl ofthe A¢ whether particular matters have come to my attention. BASIS OF INDEPENDENTEXAMINERS REPORT. My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charrty and comparison of the accounts presented wrth records. It includes consideration of any unusual items or disclosures in the accounts and seeknng explanations from you a5 trustees concerning such matters. The procedures undertaken do not provide evidence that would be required in an audiL and Consequently I do not express an audTt opinion given by the accounts. INDEpENDENT￿mINE￿ STATEMENT All records that were asked 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: cGin Upper Dernesne. TheTurnin& Garway. HR2 8RI 5" December 2022