## **Triratna Trust 2024 accounts** 


UK charity no. 293978 Adhisthana, Coddington Court Ledbury, Herefordshire HR8 1JL United Kingdom 



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## **Notes to accompany Triratna Trust 2024 accounts** 

## **Financial activities report** 

Overall income for the Trust was up some 27%, leaving us in a healthy position for the coming year. 

This was primarily due to a very successful Order Dana appeal held in the spring of 2024, during which many Order members increased their monthly contributions from £10 to £15 / month or equivalent. Many thanks goes to Prajnamanas for masterminding this, it's benefits will be felt indefinitely into the future. 

In addition the trustees took the decision to place a greater proportion of their reserves in COIF high interest deposit accounts, leading to a 74% increase in bank interest received. 

On the expenditure side, costs remained very much in line with previous years, with some increase in grants made by the Trust and also production costs for Shabda. These are projected to rise significantly over the coming year following Shantavira's well-deserved retirement - he had always produced Shabda entirely on a voluntary basis. 

Support costs for the support team have also risen a certain amount, mostly due to the fulltime presence of Nirajadhi, doing an excellent job in encouraging Order members to give Dana. This is of course better seen as an investment rather than merely a cost! 

Overall the Trust is able to report a surplus over the year of £20,850, arising from a total income of some 10 times that. This restores us to a healthy position following the loss in 2023 of nearly £15,000. 

## **Balance Sheet** 

On the balance sheet side, there is little to comment on apart from the fact that our cash reserves have increased by the above mentioned surplus. 

The Trust continued to manage supporting Bodhikamala in her work as Order Communications officer, drawing on funds contributed in 2023 from other parties in Triratna.  This arrangement ceased at the end of 2024 and the balance in that account was therefore zero. 

Some additional funds were received in 2024 relating to the 2025 Order Convention, these were transferred and used in India very shortly after the start of the new year and as such  do not form part of the 2024 accounts. 

END 



INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF THE TRIRATNA TRUST.
I report on the accounts of the charity the Triratna Trust for the Year Ended 31" December 2024
RESPECTIVE RESPONSIBULTIES OF TRusfEES AND EXAMINER
As the charrtys try￿ees you are responsible for the preparat￿n of the accounts: you considerthat
the audit requirement of sectton 4312)e of the Charitles Act 1993 (the Act) does not apply; it is mv
responsibility to state. on the basis of procedures specified in the General Directions given by the
charity CommissM)ners under section 43171 Ib) of the ACL whether particular matters have come to
my attention.
BASIS OF INDEPENDENT EXAMINERS RÉPORT.
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 charity and
a comparison of the accounts presented viith r￿ords. It indudes consideration of any unusual item5
or disclosures in the accounts and seeking explanations from you as trustees wncerning such
matters. The procedures undertaken do not provide evidence that would be required in an audit.
and consequentiy I do not express an audit opinion given by the accounts.
INDEPENDENT EXAMINER, STATEMEfr
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:
W. MCGI
ley
Upper Demesne.
TheTumin&
Garvrdy,
HR2 8FU
Y March 2025