SHINNYO-LN, U.K. (A COMPANY LIMITED B Y GUARAN'I'Lr,) ACCOUNTS roii'i'HL YI-AR r,.NDED 3 1ST DECEMBER 2023 COMPANY NO. 2282524 RBGISTLRED CHARI'IY NO: ?99965 S2650-23
SHINNYO-EIN, U.1<. 'I'RUS'rri S, RCI PORT fi()R TIllI YYI AR EINI)F.D 31ST Dri cfl MBCR 2023 PI'OV1510115 Ut. Ilje %lateiiieiil of Ilecoiiiiiieiided Pr£ieliLe (SOIII)) 'AccoLintiiig and Repoiling l)y Charilies" iii 'I'lie liiiniicial gtaleinenls live bECli pfEpai¥d iii accordJi)cc willi Ilic aocouiiliiig i)L)licies Sel oiit 111 Ilates to Ilic accouiils ati(I coiiii)ly willi Ilie cliarity'5 govcriiing duciiinLiil, tli¢ Cliai'ilie8 Acl 2011 aiid Aecoiiiitiiig aiid Repoi'liiig by Cliai'ilie%.' 8la(eineiil of RLcoiiiiii#iide(I Pi'£tctice ai)plicable lo ¢liai'ilics prcpiiriiig Ilieii. accoiiiils in aecai.dllnce wilh Ilie Finaiicial Rcpoiling S(171da1.d appliLable iii Il)L UK aiid Rei)ubliL ol. Ireland piiblislivd iii Oclobei. 2019. Tlie charily is 1¢ ¢1111 rilable coinpany liinileil by guaYai)lee. 11 is goveTIiLd by a Inwnoi'andujii ai)d 4rliclcs of associalioii. iliiiinyn-eii ShiIii)yr)-eii was f(ILinded in Japan in 1936 by Reverend 8hinjo Ilo and is a Buddl)ist Ordei. devoted io tlie practice f tliL lenLliing5 of the 13iiddlia as haiidcd duwn in Ilie Greal Nirvana Sulra, whicl) is regai'ded lls the iiltii)iale di%lillatioii of Ilie ihinkiiig of (he Budilha. Thi'oiigh ils founder,. tlie Ol'der can Ira¢e its 5PiI'ltual lineage lo tlie be&ii)i)iiigb ofii)e Biiddhisl leaching. Witli ihe exceplioii ora small Iiuimber of Bisliops aiid Mini.%leis wlio provide leE)dership aiid spii'ilurtl giiidaii¢e, tlie niembei'ship ol. Sliiiiiiy¢)-en Lonsists of lay Inen and woiiieii leading iioi'mttl workday live5 wlio eiideavtsui. lo lollow Riid apply the tea¢liinES ol, the Biiddlia in Ilie confext ol. Ilie i)r&seiii day living Lnvirontnent. Willi 11$ einphJsis on pei'soii21 discipliiie <lnd spii'itual developmenl, ajid oil service to tlie coimtniinity at large, tlie Sliii)i)yo tea¢liiii8 s1i.ikes a Itsi)onsive chord ainon8 1hosc seelcii)E fulfilinenl in min(1 anil spiril. A5 piii-l of ilieii. Irainii)g aiid SPiTilval developinci)I, Slii21nyo pr4clilioners iindertRke the tliree prnctices of Goli(Tr5hi, vi. voluiilaiy sei'vice; Ola5Like, oi. Inissionary endeavour., and Kaiigi. oi. tlie Inaking of offcrii)g$. Objeels Y411d Actiyltleq SS1ii)nyo-en, U.K. wlls established in 1988 to fiiilher the propagation of the Shiilnyo-en docti'ine ii) the Unite(I Kingdoin. I"0 help aeeoinpli.£h ils rnissifjii, tl)e Coimpaiiy woiq(s closely with Ihe foiindiiig Sl)iimyo-en oi'ganisalion in .lapllii and with otlier oveiEeas Shiiii)yo-cn eiitities. foi. Il)¢ PillPOS¢5 of Il)e Chai'ities Act 2011, Ilie DiiECtois of Ilie Compaiiy are reBarded &8 tiwstces. Tlie piiiic.ii)Ic l obje-c.t of the C.ompaiiy is Ihe advancemeiil aiid proJnolioi) of religioii by Ilie ex1¢1i5ioI) of ihe spii'il id Ihe knowledge of tlie teachii)gs of Ihe Biiddha tliroiigh tlio pi'ecepls and teachings ofiiie Shiiiiiyo-ei) doclrine. Each yeMI' oiii. Iriislees review oiii. objectiv¢¥ activities lo enslire they conliiiiie to rene£l oiir ic iins. Iii ¢ari'yiiig oiil Iliis review ilie ti'uslees have con5ideird Ilie Chcirity Coini)Ii5sion's gcnei&l guiddnce on pul?lic beiiefil ai)d ij) paiti¢ulai' ils 5upplemciilllry public giiidaiice on the advc1ncemenl of religioi) for Ilie piiblic beiiefit. Sl)iniiyo-en activities wiil)iii tlie Uniled Kingdoni are siipervised by the Brai)eh Managei., wilh giiidaiice fiDni Ilie roundiiig Sliiilnyo-en organisalion in Japan. ThesL acliviliLS Lon)pi'ise a fiill liluigy of services. meeili)gs, pi-ograTniiies of ti'ttiniiig aRd ii)slriiclioii, as WCII os spiritii&l guidiince foi. the pi'aolilioiiers ni)d tlie pi'oi)agution of Ilie Sliii)i)yo leacliing wiihiii Ilie Uiiileil Kiiigdom. Thei'e is also basic Ineditatioi) IfaiDing ai il)e leiiii)le for the geiiei'al i)ublic xs well as moi)thly evenliig suvices onliiic. Sl)innyo-eii da&8 Ilot l)ave foi'n)al policies dc5igii¢d to pi'on)ote tli¢ Sl)innyo teaching. Givej) that, n(Fi'nially, new enli'anls joiii by wtty of introdiictioi), it is eonsideird that ili¢ i1npirssioii ClEaled by Il)e indivsdual Sliinnyo PI'41Ltilion¢i' Ilii'ougli example aiid personal behavioiir is the illosl polenl iiJflueiioe (Jn those iii se&i'cli uf spiritiifjl developineiil. In fuiil)e17nLe uf tlieii. comii)itii)ei)t to Gol)oslii, oi. voluiitary seivi¢e, piactititsnci's assist Wltli the day-lo-day activilies of Sliiniiyo-en, U.[<. aiid with thc iipkcci? of Tlie Manoj. l-lovse. wl)ich is the Lei)ti'e foi. Sliii)i)yo-en
,SIIINNVO~LN, IJ.I<.
'rRU,81'11.fi %' iifi P()IIT Itoll Tlll VLAR LI NDED 31 g'r DLI CLI MBII'R 21123
ri undi'Ai8iiig Aellvltics
Tlie fuunillllioii does not carry uiil ai)y fulldiiising aclivilies. -file Company does nol solicit fund5 Vthcr Ilirjll oli a
voliiiitary bag1% 01. 42ssislance Iroin tlie genei'al piiblic, eiihei. diiectly or indirectly, nor does it ei)&5oge iii any fiiyiii
of coii)IMei-cial activity.
ALIIiLVCIIIIL¥iI15 yiiil Pei.fi)I'lllllllL'L
l)elp ii) l)is or licr qil¢bl foi. cn11L1ltCi1i1)cl)l, #nd all activitics in Il)e Uiiited Iciiigdom duriiig Ilie yenr iii)der revicw
IiaYL been dii'¢Lled towards tliis ciid. Thcse aclivilies were supei'vi8ed by Ihe Bl'anch MaiiaLFei' lliid co-oi'dinaled
l)y expbi'ienced follower¥ and louyeil)ei' witli Irpieseiilaiion8 oftl)e Yoiiih Associalioii (age rangc 16 10 36 ycai's).
As iii pi'evious years. 8hiniiyo-en UK h¢ld ilie aiinual Shiiiiiyo Laiilern I101117g Feslival to foslcy fLeliiigs or
conneclLdJic5S Witl) loved oiies who ar¢ pliysiLlllly dislaiil dnd to kindlc upliinisti¢ liglil of Iiope iii oiirselves
'riie 2023 festiv81 took place froii) Scplcinb¢r 215110 23rd to Hccomniodale a lai'ger Iiumber of
pllrliciptinls ovei. Iliiev duyy. Tlie evenl was highly sub£&ssful, alli'4elsnE 1,800 atleiidees, 200 InorL than Il)e
pirvioiis y44r.
In response tTr nuÉiierous Lnqiiiries li'om the local coiiiinunity following tlie feslival, Shiiinyo-¢tt UK inliDduced a
i)ew pi'ograin ofteriiig ii)onilily x¥tiviliLS, including the Shiiijiyo MedilaÉioii Programiiie. for new iiiei))bcrs. Tl)is
initialive. W. we.11-re.e,e.ivv.d, rv.$111lifiE in lliAI)y lfir.rt1.41)e.I'.niiiiiiB Ine.nihe.i% in ?.n?.l. Addiliniiolly, A l)e.w wp.l)silr.
Was laiiii¢hed lo pi'ovidc selected informylif)n and ¢8si¢r access to S'hiniiyo-eii's aLtlvilies and Icacliings,
becoming a populw. and u8efiil communication tool.
Sl)iiinyo-en UK has expanded 118 role with ihe 1iltcrnati0iial Atrair8 Departineiit (IAD) in Japaii, and Ilie Ulc
temple i)ow sorvcs as a l)ub foi. pi'opagation poinls in coui)Ii'ies wiihoul offiLe staff, suel) as SwLdei) and Keiiya.
Addilionally. Shiiiiiyo-eii Ul< l)
SIIINNYO-CIN, U.lC. 'riiusTEI Li S, Rfi PORT fiOR TIIE YEI All EI NDLI D 31ST DEI Cli MJJfi Il 2023 Toi21 F,xpon(liluit ii) Ilie year inLifasLd Liy £132,821 Iv £639,284. 'fhis is Iiigliligl)l¢d iii Nole 3. wl)eiE iliu'e was an increase iii restricled expeiiditlllE of £lJ,752 aiid an increase iii uiireslrioled expeiidiliiit of£i19,OC)9. As al ilie l)alance slieei dale, Ilie nel curiyiit asgels of £714,621 air ciinsidei'ed Slil¢le17( lo enable tl)¢ eliArily lo conliiiiie plior to Ireciving fui'ilier.8ubvenliot) incoine. HLisei'ves Pollcy Shinnyo-eii UK Re5erv&s Palicy is tu niaintaii) siifficiettt lev¢5 of rerVeS to ei)ablL noi'inal day lo day oiitgoings duriiig Ilie fii)ancic11 yeic I.. Tl)e Ii'11slees coiisider Ihal the ideal level of Irserves as a(3 Isi De¢embei' 2023 would bc £584,262 wl)icli is the ¢xiiecicd dniiiiul Operalioiis of Teinple costs as sldtcd iii Not¢ 3 10 tl)e aLcviiiiiy. Sliiiinyo-en UIC ieported a (ieneral Re¥oi'v¢ tiinds of £855,037 AS Stat¢d ii) Note I I to the accounts. Tli¢ Lli81'ily Ilas I'eserves i)f £838,347 aftei. dcdu¢tiiig fixcd ass¢ls lield for cl)31'ity iiSL. Hei)¢e. will) total iiiii'cstrictod expendiliiiE expected to be mdllltaincd al a siinilc1r Icvel. this is considered Siiffibicnl to meel budgtled costs aiid Ilie noiiiigl d2L y to day outgoii)8s duriiig Ihc riirrEI)I finai)¢ial yefti. coii)mencii)g 1st Jai)Iiaiy 2024. Plxiis foi. Ifutiire l)ci'iods BasLd Oil tlio positive outcomes Ii'om IEcenl aclivilies foi. new inenibers, tlie lemple plaiis lo offei. addilion&l ii)ectinktrs and iiiedilalioii pi'oRI'am specifically lor riew Inembers. Fuilliei'inoir, to tiihance sui)i)oi'l r()i' Inembei'5, Revej'eiids fi'oiii Jt)paii will b¥ iiivited I1r¥ frtr4ueiiily. Sl)ini)yo-¢ii, UK is plea5¢d io annoiince Il)e planninb> of tlie I I, ai)J)U1c I Shinnyo Lantei'n Floaliiig F¢slivdl iii 8epleiiiber 2024, willi an expected attendance of over 2,000 people ovei. the Ilii'ee-day period. To i)ui1ure Il)e yoiiiigei. geiieialioii of iiiembei'5 in Liii'ope, appfoxiiiialely 25 nien)bei's ai)d oiher office slaff froin across Euroije will be iiiviled to the festival at the UK teinple. In conjiiiiclion witli Ilie festival, a special foiii'_day worksliop seiniiiai. is planiied. Tlie foui)diiig OlEanisaiioii, Shiniiyo-eii Japaji, wlll pi'ovidc subvei)iioii iiitaine totalliiig £50,000 foi. Iliis event, ai) incre(¢ of £5,000 coinpaiEd to tlie fundiiiLF received in 2023. Sliinnyo-eii, UK will ¢elebrale its 30111 sjiiniversary in Julie 2024, wilh sevei'al evei)Is plaiiiied lo n)ai'k ihis Inil&stoiie. A51)ai1 of tlie celebi'alioii, various building mainteiiaii¢e piDje¢ls, such as roof Irpairs and exlerioi. and illterior I'edecoTatioii, will be Lari'ie(l out. Siiice 2023, a"Biiilding Maiiiteiiance Resei've" lias beeii establislied io rund these piojecls, willi Sliii)nyo-eii Japan conlribuling £30,000 annually to tliis resei've. Shii)iiyo-ei) UK alihs (o iinplemenl a ieGIuiimeiil plai) iii 2024 willi a ruS on atti'8e(iii8 candidates fi'oin divers Loui)tries leveraging liiiguistic Advaiilases. Goiiig Colic.11 'nie Ti'ustees believe tl)at pirpariii8 Ili¢ accouiits oli ihe goiiig concern basis is approi)1'18le diie lo 11)e contilliied fiiian¢iiil silPI)Ol't of the founding orgdnisatioii, Sliiiinyo-ei) Japan. The Ti'iistees uiid¢iTtaiid Ilial Sliinnyo-en Japan will coiiliniie to 5lll?port Ilie cliai'itable coinpaiiy by providing Siibvention income to en&ble Shiniiyo-ei), UK to coi)tiniie ils Lliaritablc opei7lions as a gDing coiicei'n for the foleS&bI¢ tiiliiiE. Sti'uclurei Govci'ii8nce Miiil Maiiiigeineiit Sliiiiiiyo4Ji, UK is govei'i)Ld by a Ji)emoi'aiidiiin fiii(l ai'liclcs of ftssociatioii. Dii'ecloi's are appoiiited by tlie 13oai.d, iii coi)siili2tioii witli tlic toui)diiig Shii)nyo-en oi'gaiiisalion iii Japan. iajoi'ily of Ilie ii)einbei's of flie Board illiist at all tiine% be Iysideiil in Ilie Uiiilttd l<iiwdoii). Resident Minisler8 weJ'¢ pJ'evi01151y appoiiited as dSlEcloi's, and <11ilioiigh Ll)aiigcd 01) d ir8ulai' b1( SIS, they w¢i'e faniiliai. willi tlie work of Ilie oi'guiiisalioii, aiid ei)couiMgcd to aware of tl)eiY respoiisibilities of govenian¢L,
8IIINNYO-F,N, U.IC. "I'IIU.8TCI [1 S. RII PORI, fiOII'I'IXlf Yfi.All LI NDli D 3JS'I' DIfc'14MBLI R 2023 Other dircctoi% al'c iiarmiilly selected Iroiii tlie moie cxpei'iei)Ll followers, Ivlio aL7¢lili Iiav¢ a woi'kingy l(iiowledL7C Icgal Yicwpuinl. Tkie oi'gic ni5cilion wa% mlc 1111 &Ned on <1 clay LO dfiy basis ihiDiigliuiil tlie yeaT by Ilio 13raiicli Maiiagjei., Mi. Sli()liei Nisliii)o ivlio ib Also Ilie. C.oini)ai)y 8eLIT,laiy. Tlie slAff c.oiisisl8 nf fivc fiill-tiiiie Liiii)Inyees aiid oiie ptJi'l-lii)Ic starr, wlio I'epoi'l¢(I lo Ihe Boar(l of Directors iiiid Ilie foiii)diiig Sl)ii)Iiyu-eii (Il'LFlI)i%ulion in Japai). 1lic Bourd of DiiEclov linve llssessed th¥ n)ojoi' I'i.%lcs lo wliicli Ilie oi'gaiiisdliun is exposed, in i)Iirticiil.Ir 15iose I'elRied Iv tl)c 01?ertilioi)s ii)d finaiices of ilie oygunisation nnd are sali5fiLd ilial .8ysleii)s tti'e li) place to InitiLFdl¢ III¢iT exposuir lo I'isk. PmceduTe% are iii i)lace ITh ei)siire compli4nLe willi IieRlllI Hi)d safety of staff and followeis aiid disablcd £i¢ce¥s to ilie M&noi' Hoiise. Public Beiicfit Tiwsl Shini)yo-eii, UK Ineets (lie definition ol. a publi¢ bei)efil cnlity iiiidei. FRS 102. Tlie Trustees con5idcr tl)al ihe alni% c111d objeclivLs of Ihe cliai'ity are abS¢ to (leliver * pul?lic bciiLfil and have gtven due reglrd tt) Piiblic Dciiefit Guidcllltte l)ubli51)ed by 11?e Chai'ity Comiiiission. 81iiiiMyo-eii Yoiitli A%$o¢i4tloii for U.11. 7lid pui'poda of the Yoiiih AsoCiall0n 15 to.. l) NuitLIIL' the fllitl? of th¢ yoiinger g¢nei'alion who ore &liEAdy pi'aLticing Élle teacliing, 2) Ci'eat¢ a i)latfoi'ii) to fiiid aiisweis to tlicii. clialleiig¢s. 3) Ci'calb an Envii'oiiineiil to b¢ Inor¢ w¢l¢oniiii8 foi. iiew¢oinei'slbe81111)ers. 4) Strei)gthening I'01lc tioi)ships witli yoiitli fID] oihcr faith8. Tl)e nctivilies oi'g&nÈsed by the Shiniiyo-en. U.K. youth wi15 bc coi)nected to thc above ittaiii objectives. LegAI and Admiiii$ti'alive InformAtIoii FULL NAMB.. SHINNYO-EN, U.K. GOVBRNING DOCUMENT: Memoi'ai)dLiin and Articles of Associalion (as ainendcd to 24tli Sepiembvr 1994) MODE OF INCORPORATION.. Private Liii)ited Coillpuiiy (Liiiiited by Giiarai)tee) In¢orporat¢d 1st Aiigiist 1988 Regisl¢iEd Numbei.: 2282524 Ei)ler¢d oil Ilie Ceiitrcil Regisler of Cliai'ities Indinlaiii¢d by tIiL Cl)ai'ily Coinii)issioiiers 31 sl Aiisiisl 1988 R¢ElS(eiEd Niimber.. 299965 DIRLC'foRSITRUSTEr.s: Rcv. Koji Subiiyaiiid (Cliaiiiiian) Mi.. Keiiilelli Wliitc Mi.. Rodiicy D. Ballllyd Mi.. Vali'oslav P. Poi)ovic Mr chai.les Ross D1£ y
SIIINNYO-LIN, 11.K. TllUS'fEI Li Sl IiLI'i>OiI'f iioR'I'HL YLI All LI NDTr'D 31ST DILCEI tlR 2023 Contiiiiicd LeiyRI Aiid Ailiniiiistt'ative Ii)foi'inalioii (coiiliniied) SECRETARY.. Mr S'hol)ei Nishino BRANCH MANAGBIi'. Mi, Slioli¢i Nisliiiio REGISTERBD OFFICE.. Tlic Maiior Floiise Wood51ucli L&nc North Long Ditton Siiri'ey KT6 SHL AUDKTORS.. Cou¢li Brigllt King & Co Cl)arleiEd Acc(>iinlJnls 2 Tolherst Court Tiii'li¢y Mill Biisiness Park Asl?ford Road, Maidstone K¢i)l MBI 4 5SF SOLICITORS.. Cliffoid Cliance LLP 10 Upper Baiik Sit¢¢¢ Loi)don E14 5JJ Stone King LLP 28 Ely Place London ECIN 6TD BANKERS.. Bai'clRyS Baiik plo Kin8slon Biisiness C'entre Siiybitoii Branoh 81-83 Victoria Road Siirbilon Suri'ey K'f6 4PD
SIIINNYO-LI N, U.IC. I'IIUS'l'[£i sil IILt l)()iii' riOII'I'I[I,.' Y[I'AII EINDfi,D 31ST Dfi.C]fMBfi112023 Thx¢d AsxLtI Tlic Inovcm¢iils iii fixcd È1s8cls foi, (lie ycai. aiE sliowi) iii Nol¢ 6 and Nol¢ 7 of Ilicsc Finat)ciaS St&teii)ci)Is. Dii'e¢toi's? Rcspoii.4il)ililiLS foi. Pi'ei)Iitiiig tlie IIi11SlJlLlal,Sialeinenls T]ie Ii'iisle¢s (who al'e also dii'ectoi's ol Sliiiiiiyn-cii, U.1<, fi)i' Il)e pui'poses of coi)IpAiiy law) air IBsi)niisible foi. pi'ei)ai'iiig il)e Ti'iiste¢q' Rei)(Ji't ai)d ilie fiiiaiiLial st¢ltcineiits iii accoi'dailce willi ai)i)licable IAW ai)d Ili)iled l<iiigdoin Accoiii)liiig,Siandllrds (Unilod ICii)gdoiii Generally Ac¢¢plcd Ac¢ouiiliiig Pi'actice). Coini)aiiy law req1511 Ilie diireloi'¥ to pi'opare fiiiancial slal¢inenls foi. eacli finiiiiLial yeai. wliich give a Ii'iie an(1 f<lil' vicw of tliL slate of llffairs uf tlio cliai'ilabl¢ ¢oiiipany 41)d of tho iiicoiiiiiig r#soiir¢¢8 aiid applicalioii of sfsoiiiL'CS, incliiLling (he iiicome nd expeii(lilui"e, of Llie Chai'itable coinpllfty for ilial p.]Qd. Iii pi'ei)ai'ing thes¢ finai)¢ial stalcinciits, tlic ti'ustLCS aiE rL'quiied to.. s¢le¢t 511itable ac¢ounliii& polici&% ai)d ai)i)ly tlieii) coii%istei)tly ol)setve the i)ietliods 4iid pi'intiiplcs til tlie Cliai'itlLS 8ORP 2019 (I."R.$11i2) InalcL juduicill¢iitS <iiid esliinllles tlial ai'c Ifcisoniibl¢ PTiidenl .state wlietliei. aiii)IiLRblc UK accoiiiiting stcllidards have beeii followed, subject to finy Inaltti'i81 dcpailui'cs disclosLd &iiid exi)14inrd iii tlity finlie12¢ I statei))eiilg prepare the finaiioial statements on Ihe 8OiliS coI)cern b1$ unle&s it is ii)appropi'i¥tc lo pKsiiine tl)al tlie cliai'ilablc conipaiiy will ¢oiitiiiue iii 01)ci'ation. Tl)¢ Ti'ustLCS Iirc rcspoiisiblc toi. kccping adcqiiatc accouistilig records thai disclo8e witli I'casonable a¢bui'acy al aiiy tiin¢ the finaiicial positioi) of tlie charitable conii)aiiy and enable tliorn lo ensure iljal the fiiian¢ial qtHleiNent8 cninply with t.lie (:ompiillie% Aet 2Qllfi. I'hoy MI'L al.%(J re8ponsihle lor sateguardiiig Ili¢ ossets ot th¢ cl)ai'itabl¢ compaiiy And li*i¢e foi. taking i'easoiiable %leps for th¢ preveiition aiid detection of frayd And other irregulai'iti¢s. In so far as the trustee% ale 8ware: tlieir is iio rolevaiit aLidit infoi'inalion of wliidi tli¢ ol?ai'itsble c1}PrI1)ys niidiloi. is unaware, and as dI¢t01.5 havt laken all th¢ steps Ilial th¢y oiiglil to hav¢ taken to Inllke theiiiselves awai'e of any r¥levuril Iiii(lil in(unnllliuii 41111 lu th%lablish Ihal Iho LUlYlPUlly'¥ ulvjicui ur¢ uwyi'b of ilial iiifoi'iiialic)li. Audltors Coiich Bright Icing & Co wei'e I'e-appoiiiied as the Lliarilable coini)aiiy'g auditois dui'ing Il)e yegi. and liav¢ expi'c55ed Ihcii. wiS1it)gness lo coiiliniitt in that paCI(Y. Tills r¢poi% has beLn pirpai'¢d in acGordAIiLe willi the S(atein¢nt of Reuoinnieiid¢d Pi'nclicc aiid in aCCOTdaiic¢ witl) tlie special ptY)visions of l)ai'L 15 of tli¢ Coii)paiii¢s Act 2006 IBlating to sn)all coinyaiiies. This report was appi'ovcd by tlio Boai'd oii?+k Augiisl 2024. Mi. Sl)olioi Nisl)iiio S¢ei'etal'y
SHINNYO-EI N, U.1<. DLI'l'AII.EI l) INCOMII., ANI) LI XVEI NDITIIRf. ACCOUNT FOR'fi.IE YEI AR CI NDlfD 315'I' DLI(.JI MIILII 2023 2023 2022 Iiieoine Damnliuiis 256,148 150,377 L"liai'ilable ucliviliÉs.' opcitio]1 of Tcii)plc Fiiiids foi. Biiildi51g MaiJitenAnee Fiiiid% fai- Youili Aclivilies I,'iinds for Laiilerii I,'loaliiig Ceremony aiid Inlci'faitli A¢livily 380,000 30,000 12,143 280.000 45,000 40,000 467,143 320,000 OiheF' li-ading aciliijljEs Chii'yu GAl<iiin Dliai'ina ProgTarniii¢ Piiblici1tion5 and Devotional Malei'ial Lodge l.loiise- Shoit T¢rin Net R¢ntal Incoine Coa¢li Hoiise- Slioi'l Tei'in Net Rei)lul Ii)coiiie Iiileresi Receivoblo 896 2,948 485 2,923 16,265 4.804 8,520 2,194 30,291 24,477 'I'otAI Ineoine 153,5112 494,854 Ei xpenditure Anniial eveiils and activities Operation of Teiiiple 55.022 584.262 41,27 465,193 2,4 Total Expenditui 639.284 506,463 Nr.t.Siii'plii¥l(Deflell) for the YeAr 114.298 (11,609) Sui'pliis Broiiglit FoiiYArd 781,913 793,$22 Siii'pllls Co1'1'ic(I f¢orwAI £896,211 £781,913 Dl8contiiiued Operations Foi. both finaii¢ial pei'iods there weip no dis¢onlii)iied op¢i?tions. Recognlse(l Gni118 For btsil) finai1¢ial pei'iods, Iliere wei'¢ i)0 recogiiised gains oi. losses otliei than those sl)own above iii the In¢oiiie and Expci)diiui'e Accouiit.
l511KNNY(kN, U.K. COMPANY NO. 2282524 SJ'A'I'LMLN'I. Uli IflNANeIAL I'OSITION AS AI, 31ST DEICCIMULIR 2023 Nolc 2023 2012 Ill%til AsBQt Inloiigible Ass¢ts I'Jiigible Assets 5,216 3.376,374 3,384,893 CIwYoUt A880ts DGbtors CNsli il Bink and In114nd 9,335 748,906 17,196 620,045 75B,241 6J7,241 Cr¢dttor8 (Amounts follin8 duo wltljiii 1¥ y¢ai') 4Q,221 Net Cui'iwnt A8Bo18 714,'621 597,020 Total A$5et8 Loag CMrron¢ Llibilities £4,096,211 £3,981,913 Persngn¢rtt Eiidowm•nt from PAreitt OrgAI)iyatio J,200,0110 3,200,000 Unr¢5¢rl¢l¢d Ifuiid8 855,037 772,860 R¥slrleted Fuud8 41,174 9,053 £4,096,211 £3.981,913 'lli¢s¢ a¢¢owKls hav¢ beeo PLparcd iti a¢eordanee wlth Ibo special piDvisiotts ot'V&rt 15 ot'th¢ CompoDie¥ A¢¢ 2006 mJtstin8 to gm411 eompotiie¥, Approved by the Dlrector8 thi?August 2024 Mr. Kennoth Whlt¢ Mr. Rodnay Ballai DliotOi'8 Mr. V&tro$l8v Popovlc } Mr. ClJ4r1 Ross Day I
SIIINNYO-CN, U.IC. STAI'f,Mll.NJ' or r4 INANCIAI. AcfiviTifi S FOII THL YLI An ri NDf4 1) 318'J' DEC.'l&MTrfi Ki 2023 'rolal iiinds Totnl Uib2'e.stricted RestL'ÉCt¢(I Fuii(ls VLrin#iieiil 2023 2022 Nvtc Incomc niJiJlloii.¥ 256,1411 256,148 150,377 Jncoffiiefi'oiir Cliap'il¢Tble /lLlivlild,%.' *unds for Buildiiig MthinlL'iiance liunLl¥ fur Yuiiih A¥su¢illtion A¢liviliLS Fuiidts for LaIil¢iii Floaliiik CeiEiiiuny and Nuiliii'ing Progi'aiiiiiie Opci'alion of Tcjnplc Imeoiiiefi'opji oihei. i)'udlii8 AL'llvllies.' Chiryu Gakuin Dhaiina Pro&rilminc Piibli¢aiions find D¢volioD&iI Materihl l.odge House- Slioil TeTlI) Net Rental Income CoAch Hauqc- Sliart Terni Net Rental Income Iiilei%sl Receivable 30,0( 12.143 30,000 12,143 45.000 45,000 380.000 40,000 2110,000 380,000 896 2,948 15,733 8,520 2.194 896 2,948 15,733 8,520 2,194 4115 2,923 16,265 4,804 Tutal Ineome 666,439 87,143 753,5112 494,854 i.xpeiiditui-e Dti: Cliai'itable Activities 584,262 55,022 639,284 506,463 Tot#1 txi)tn(Iltui' 584,262 55,022 639,284 506,463 Net Iii¢uine Jiet inov¢iiieiits 82,177 32,121 114,2911 (11.6091 TrAnsf¥a's betw¢¢ii fiuiids Ro.¢niic.IIIMlloii of flind5 Tolal fund& brougl)I foiwdl'd 772,860 9,053 3,200,000 3,981,913 3,993,522 Totiil Fuiiils carried forivni'd 855,037 41,174 3,200,000 4,096,211 3,981,913 Thc siatei#ent orrii)anci&l activities includes all galns and Iossc8 Ir¢ognis¢d iii Ilie yeni.. All income and expenditu1¢ dgrive
SEIINNYO_fi N, U.TC. S'I'ATEI MENI. ofi CASII FI LOWS liOlI'rIiv vri AR £1 NDEI D 31ST DCI c.fi,iVIIILI R 2023 2022 Cash ili)w8 fi'om opei'aling xc¢iviti¢¥ Nel movwnenls in fiinds for Ili¢ yeai. Adjiislineiil,$Jor.' Dei)Irciat&on l Ainoiti5alioii Pi'ofil oil l.'ixed Asset Disposal 114,298 (11,609) 12,361 (4.956) 12,483 121.703 874 Aloveiiie171$ 111 wol'kiiig L'apifal Deci'¢asel(Increa5e) li) Debio 7,861 (7,539) Iiioi'ease in Ci'edilors 3,399 10,517 Net cash gen¢rated by opei'Rting activities 132,963 3,852 CAsli fluws fros11 isivesling actSvlles Pui'cliase of fixed assets Sal¢ of fixed ass¢l8 (9,059) 4,957 (9,226) C.as11 u%ed in inv&8ting act.ivities (4,102) (9,226) Increasel(D¢¢reas¢) in vash aiid cash equivalents 128,861 (5.374) Cash aild ¢asli ¢quivalenls at beginning of the year 620.045 625,419 Cash and Casli equivalents at the end of the y¢ar 748,906 620,045
.SHINNVO-fi.N, 11.1<.
NOTEI S TO Tuf. AC.'COUNTS
Ioli TIIE YEI AR EINDEI D 31ST DEI cfl MBfi.112023
I'l)c vhai'ily is d coii)i)aiiy liniileol by giiarantee. In tlie eveiil of ilie charity being woiind lip, Ineinbei's WIIO
constilule il)e clilli'ilable coinpil1)y are Irquii-ed lo coiili'ibiile ai) amouiit not cxccLding £1 O, Diii'iiig Il)e year
Ilie al'fiiif5 of tlie ¢lidrilcl1)le Lolmiiany weie IMai)agLd by Ilie Direcloi'.% i)amed oil paLFe 4.
2 Aocoiiiiting l)oli¢1¢5
TIIC i)TiiIGipal aceoiillliiig i)olicie.g, Rll ol. whi¢ii Iiavo been aiiplled consislenily Ihi'oiiglioiit tlie yeai., aiE sel oiil
below..
Bllsls tsf pi'CPArliuii
Tlie liiiaiiLial %laieiiienlS liave beeii prepared in accordaiice willi Accoiinting lid Rcpuilirg by Clidi'ities..
Statcmciit of Rccoiiiiii¢iidcd Pi'M¢ti¢L applicablc lo cliai'itiL5 pirpuTing tlieir accouiits iii accoi'dancc will) Ilie
Financial R¢purtiiig SlandaiKI applicdbl¢ in thL UK and Rei)Iiblie o( Ii'eland issiied ii) OctobLr 2019, rl)c
Vinai)cial Repoi'liiig Siaiidai'd applicablc in the lJi)ile¢l Kingdoiii aiid RcpLibll¢ oc Irelaiid (fRS 102), (lie
Cliarilics Act 2011, tl)¢ Companics Act 2006 ai)d UK Generally ALceplLd Atcounlii)g Ili'aclice.
Sliinnyo-eti, UK Ineels ilie definitioii of a piiblic benefit eiilily ui)dcr FRS 102. Assets ai)d liabilities are
initially I'ecognised at liislorical cost oi. Ii'ai)saLtioii valiie Liiiless othenvi¥e sldied iii Ihe Yelevanl accounlii)L
policy iJOtLs.
Fuiictloiiul Pri,5ellt2lol1Iil Cui'i'eiicy
Tl)e tompai)y's fui)ctional and preseiitation curirney 1$ GBP.
Goiiig Coiicerii
Tlie cliai'ity I'eported a L&gli iiillow of £128,861 foi, the yeai.. The Ti'iistees have received coiifii'n)alioJi Ilydl
Shiiiiiyo-en UK lo eoi)liniie ils clillrilable operAliot)s for ilie foreseeable fuluro. ThL Ti'ustees IhLI'Lfoi'e
ooiiliiiue lo adopt Ilie goi1)¥ coiioei'j) basis iii i)I'ei)ai'ii)Ll tl)e fiiiai)ciRI sl&leii)eiils ai)d believe Ihlll iio iiilltei'ial
un¢¢rt8inties exist.
Incomlng Re50uI'ccs nnd Rcsourc¢s Li xpended
IiiconJe is reco81iised wheii the charity l)as enlitlement lo (lie lunds, ciny peioiiiian¢e ¢onditioiis attached lo
tSie ilein$ of incoine liave beeil Inel, il is probable tliat the ii)conie will be ieceived
12 SIIINNYO-LI N, U,IC. NOTF,.S TO I'E4f, Al.'C.QIINTS riOII 'I'IIE Yfi,All ENI)li D 11SI' DEI Cfl MBLI R 2U23 Dcpt'cciDtiiJii niid Aiiioi'll.y#tloii Dci)reciAtioii and ainorlisalioii aiE pi'ovided tv wrilc off thc c()1 ol. fixed assels ovci. Iheii. esliiiiciled uselul lives (>1) Ilie followinLJ basis.. rixtlll'es Rnd £qLiipIMLnt Moioi. Veliicle Software d¢vclopn)en( costs 4 ylars %trttigl)t line 3 10 5 yeai'5 %1i'tliLTlil line No (lepTecialion lias beeii pi'ovided iii resp1 of ili¢ Coinwdliy'8 il)tei'e%l in freeliold buildings. 2 Accoiinliiig Polioiu {eoTrtliiiiedl JCey,llldgei)ieiits Aiiil Ei.%liinatioiis Tlie freehold coniiniies lo be n)ainlaincd tu d Iii¥li standard, and il is iii Ihe opinioii ot tlie direotoi's, tliat 11)e piY)i)erly woiild be wortl) Inare if il was at ihe end uf il.¥ iiseful lite t1) il originally cost, ai)d tliei'eloi'e Iliey eoi)sidei' i)0 depirciation is iie¢e55ary. P¢n.¥ioii Costs 'I'l)e conipany operate5 a defined ¢oiilribiilioii sch¢m¥ for the beiiefit of 115 employe¢$. 'I'he eosL4 or oiili ibuiioiis li'b wi'iltcffii On.¥Ills1 pi'ofils iii Ilic ye&i' tliey al'e PayAble. Debtors aiid Crcdltors Debiors and ci'editors wllli iio stated interest rale aiid rcceivablc oi. payable williin one yEar aiy recorded al Ii'ansaolion pri¢¢. Any losscs ai'ising, IIDiii in)paiiincnl are r¢¢ognised iii the profit and1055 ac¢ount ii) oihoi. admini.%lraliv¢ expenses. Itoroigtl CurEeiicy'frRii8a¢li011s roirigii Cliri'ency tllliisactioiis are initially IrGognis¢d by applylng lo ihe foiEign ourrency amouiii ihe spot excl)aiige I'ale beli¥eeii Il)e functional CLlI'rency and forei7 Curreiicy at Ilie date of the t1'aa¢ll0rt. Monelary assels and liabiliiies denoiiiinated in a foreigi) ciirrency at11)e balangc sheet date ore trai)slated using 11)0 clobing rill¢. Ile¥lrlLled I'he re511'icted al'e funds whivh to be used ii) accordaiice with 4)e¢ifio I'¢slri¢lions imposed by donois oi. whi¢h l)ave been iaised by il)e charity for pai1iLular purposes. Tlie cost of raisii)g and adminislei'ing siich funds are cliarged a¥ainsl 11)e specific fui)d. The aiin aiid use ol'eacli Cund is sel out iii the iioles to ihe fii)ancial slatcinenls. Uiir¢gtrlct¢d Ftsiid Tlie a¢cumulaled lunds at'e ui)rcstricted fiinds available lor iise al Ihe disci'elion ol'tlie Iriislees. PerJiiAneiil Eiidowmeiit riMtt4J The donalioi) fiY)IM the Foiiiiding Orgai)isalion ill Japan, Sl)iniiyo-¢ii, was foi. Ilio puipose of acqiiirii)8 111¢ Mai101' House, for ils subsequenl ¢onvei'sion iii(o (lie U.IC. Cenli'e diid for coii(iiiued cai)ilal projects. The nioi)ios were advan¢cd subject to tl)¥ ¢un(litions sel oiil iii noie 10 to Ilic ftc¢oiii)ts'.
13 .SIIINNYO-II N, U.l<. NO'I'EI,S'I'()'I'IIE ACCOIIN'rs IPOR TII E yfi AR Nl)VD 31,STr' Dfi.cfi,Mllllft 2023 2022 3 C,hni'ltiible AL,lii'ilics Rc51Yielo(I C4 xpendhlui'e Cdiicalion Fiind Youll) Association Acliviiies LAiileri) Flociling Cei*inony 10,022 45,000 122 55,022 41,270 Uiii'e51t'icteil Expeiiditui'e Laiitei'ii Flodtiiig Ceren)ony PJDpci'ly Mainteiilliice ai?d Iliii)iiii)g Costs MCL111> Pj'eiiiises Ilenlals and Pi'opagalion FesLival of Oneiiess, Japaii Cerejiioiiies, Fuiictlons aiid Media Costs Motor Expei)ses Ministei's, Costs aiid Welfair Dei)I'ecialion Prnfil oli fixed Asset Disposuls Suppoit C051s- Sce Note 4 Govei'iianL¢ Costs- qee Note 4 5,218 104,837 56,722 2,762 18,210 346 17 12,361 (4,956) 351,058 37.687 14,675 86,702 8,981 2,571 20,644 1.938 43 12,483 298,585 18,571 584,262 46S,143 4 Analysly ol'Govern8iiee hiiil Support CTr5t8 Gcneral Ooveriiance Supi)ort Fui)clion 2023 Total Salaries and related cosls General Office Aiidil Fees Ac¢Dlllltancy 8ervice.8 Legal i2t)d Other Professional Cosls 327,S78 23,480 327,578 23,480 8,55Q 6,420 22,717 Allocated on tiine Invoieed events Governance GoYEI'naiice Invoiced eveiits 8,550 6,420 5,330 17,387 368,44.S 20,300 182,74fj Anilysis ofGovei'iiiiiec and Siipporl Cost Genei'al Govei'nance SuppLirl runL(ion 2022 Salaries aiid relat¢d ¢osls Geiiei'iil Office Atidit flees Acci)unlaiiey Services Leg81 and OtheT Profe5%ioiJal Costs 282,108 16,477 282,108 16,477 7,650 6,300 4,621 Allocated 051 lime Invoiced eveiits 6'ovei'n8nce Govci'iiaiice Governance 7,650 6,300 4,621 298,S85 18,571 317,156
S141NNYO.fi.N, l).IC. No'rris I'o'r14r. AC¢OUN'I Y¢OR I'kir. YF.All 14NI)f4.D 31 Sl. l)14 cfl MIIFII 2023 2023 2022 5 Slafll:05t.s Salaiy Fiiiployer5 Nalitsnal In.%uran¢e Pensiiii) Coslq 294,870 15.592 246,049 15.166 11.190 £322,143 £272,405 Tl)¢ llvei'age nuinbei. einployed diiriiig the p¢riod. -rhere 15 oiie eillploycc willi employce bonefils in ex¢ess 01£60,000 ai)d wiihin the £IOQ,000- £1 10,000 pay band. The pay bbnd range iiicliides salaries and b¢Jiefits bill cxclu5iv¢ of Nalioiial iths11Tan and ciiiploycr pensio eoThlribLIt1oi. ip charity oper)les a conti'ibutory pensioli sclieme. It is a delined eontt'ibulion scheme and contribuLioJis are eliarged in the stat¢ment of financial Activities us tli¢y accrue. The cliarge forth¢ year was £11,681 (2022- £11.190). I'he Key Maiiagemeiit Peisoi)nel of ihe cliarity comprise ihc Conipaiiy Soerelary. tlie Branch Maiiagcr Al)d Ilie Tiu.%lees. I'1)e total ¢inployee benefits of the key Inat]ag¢sneiit personnel wBre £57,673 (2022.. £56,817). The Triisl¢es i)eithei' I'¢ceiYod noi. waiv¢d aiiy remutt¢i?tioii diiiyig tlie yebr (2022.. £Nil). Trusiees exp¢Jisgs paid diiriiig thB year are di5closod iji Note 17. 6 liitanAlble Fixed Assets Prayer Submlssioiis Poi'tal Totxl Cost As at Isi Jaftuary 2023 AddilioD$ Disposals 6,320 6,520 As At 315( Deceinber 2023 6,520 6,520 Amortlsalio As at Isl JaiJiiaiy 2023 Cliarge for the Year 1,304 1,304 As ai 31st D¢¢einber 2023 1,31 1.3U4 Net Bool( Valu¢ ot 31sl Deceinb¢r 2023 5,216 5,216 Nct Buok VAlue ot 3 Isl December 2022
SAIINNYO-LN, U.IC. NOTfi,8 TO 'fIiE ACCOIINT.S' riOR T141,: Yfi All fi,]yi)fi,D 31.%'1' DLLLMBLI 112UZ3 7 TAii¥lblc fiixLb(l Assets ri ix(tsi'e8 FI'LL,liol(I fi ilt11l8 & Pi'opei'ty Ei quii)iiieiil r01{11. Vohiel¢ Total As at 1st Jaiiiiaiy 2023 HSt01,1C itei)Is wi-itteii off ALldili0118 rJis1)osals 3,364,900 778,110 (326,535) 2,539 21,01)O 4,164,010 (326,535) 2,539 {21,000) (21,000) As at 3 Isl Deceinbei. 2023 3,364,900 454,114 3,819,014 DeiTri'eeialtoii As <lt I st Jaiiiilliy 2023 l-listorio ilcn15 writtei) ol Oli Disposals Cliargie foi. Ihe Year 758.118 {326,535) 20,999 779.117 (326,535) (20.999) 11,057 (20,999) I I,OS7 As al 3 1st Deceinbei. 2023 449 ()LlU 442,640 Net Book Value al 31 sl Deceinbei, 2023 3,364,900 11,474 3,376.374 Nel Booli Valiie at 3 1st Deceinbei. 2022 3,364,900 19,992 3,384,893 *Histoi'ic items wi'ittei) off itlale lo assels held tnoi'e than tttn yeRrs old wliich do iiot have u useful fiinction. 2023 2022 8 Debtors Pi'epayinenls Othei. Debtoi's 4,418 4.917 4,263 £9,335 £17.196 9 Crtdilors {Ainoiinls fnlliiig diie wiillin one yeor) Sundiy Crcditoi's & Aecru41s Taxation and Social Sc¢ui'ity 29,722 13.898 28,773 11,448 £43,620 £40,221 I O AIiAIysi8 01 Net AHset$ betw11 fiund CeiiLai'al Resti'iete(I P¥rinaiiciit I ii(lowiiioii( 21)23 TotAI 2023 2Q23 2023 rixed Assets Cic sli ut13aiilc and iii Haiid Oiliei. Nol LiiriYIil Asscts 181,590 707.732 (34,285) 3,200,000 3,381,590 748,906 (34.285) 41,174 1155,037 41,174 3,200,000 4,096,211
16 S141NNYO-L4 N, U.11. N()-I'LS'I'O'i'iif. AC.'C()IIN-I'.S FOR I'14c Yfi AIl II NDfi I) 3 Is'r DEI CEMBLI 112023 IU A1141ly.%1s ol. Nel A5'sels beliveibri IiuiLil& (Lonl'(11 G¢iiei'.Il R¢$ti'ltltd I'ei'inaiiciit i iidthiyineiit 'rot:Il 2012 2022 2022 2022 ixcd Ass¢ts 184,893 610,992 (23,025} 3,200,000 3,3¥4,893 020,045 123.025) 9,053 Oili¢i' Nel Ciii'i'cnl Assets 772.860 9,053 3,200,OQO 3,985,913 I I st¢mellI nf Fuiid$ Pti'MHiienl Ci iidoi¥iiiL4lIt Tliis irloies to Jiioiiies Jcc¢ived fi'oin the PaLEnl Organisition in Japaii. Shinnyo-en, t(Ji' Ilie purrN)ses ot. ncqiTriring tli¢ Manor14oiisc (Fieehald ProiJe.ity fKoiii Notc 71, for ils %iibscqiieni coiiv¢rsithn iiilo Ilie l.l.K. Cciilr¢ Jnd for ¢oiilinu¢d ¢apilAI piN)jects. 'rii6 iiioiiie% wcrc advdiiced subject lo Ilie following coJ]Oilions'. Ll TIIRI Il)¢ said siiitt bc applicd only til paymeiil of Ilje i)UYGlias¢ pri¢e of the prop¢)ty ftnd Olher costs I'eiE Sol)blY incurred by tlie CoinpasJy in th¢ connecti1 wltlj (lie piiirli8se and refurbi5hm¢DI of Ilie pioperty. ill followsiig 11)c pyirliis¢ ofilie propcrty it will not be sold, Ica5cd, mortg&8ed, chargcd or olli¢nvisc dispo%ed of. dealt with oi. in athyway ciiciiinbcr th¢ whole or &iiy part oftlie properly or inkresi iii il wiihoui prior written coiisei)t of SliiiJnyo-En. iiil That al the liine of applying for regislration of lit1¢ io th¢ prop¢rty upoii coJnplGtion ofihe purchas¢ applicalion was Inade lo il)e Regi%irar ol H M Land RegIry forthc following r¢siri¢lioii to bc eiitered oll the Kcgi51cr against the tLIIe. Except uiid¢i' In ord¢r of Ihc X¢g551rar, no dispositson or dLaling by ihe propri¢¢oY of the land is lo bc r¢gistttred wiilioui tlie ¢oh%eiil ofihe Execuiive Dii'ector of Shiiinyo-Btt, J8paii. The Fuiids donatcd Iiave been tia1rerrcd lo Ili¢ Perih8nciJt Fiidowineni fyom Pfirent Organi%aiion rescryo. nut¢olDg R¢50urces At l Janu1'Y 2023 R¢50111'Éts Trnttsfti's At 31 Dccea)Ibei' 2023 'encrAI Res¢iyc 772.8&n (1()6,4.49 584.262 855.037 'rgtAI unr¢$tJ'Atltd lI1S 772,¥60 666.439 S84,262 55,037 Resli'letod fiinds.. riin(1.8 for Educalinn Fuiid5 for Y(>uili A550¢iaiion A¢tiviil¢ 1055 6,998 2,055 9,119 30.000 12,143 10,022 l.'unds foi'J.Aiilern FIli11g C¢i'eAiony & 45,lJOU 45,aOO T•tnl iY5li.l¢lt(I fuiids 9.053 87,143 55,022 41,174 3,200.000 3,200,000 I'otlll Fuiids 3,981.91] 753.582 6J9,284 4.096,21 I Re%li'icl¢d iiicoine was Lrceived i11 Ilie y¢ar for L*iilerii Ploaling C¢reiiiony & Iiitcrfaitli Aoliviiy ftnd Bi)ildin8 Mointeii8ncc Reserve.
17 ,SHINNYO-Lt'N, U,K, N()'rr,s T() Tiifi ACC.OUNTS J,UII 'I'&IIP Yli All Li Nl)Li l) JI%'I' L'LMlllI'll 2112J TIIcir k)I'e i)0 oiilslaiidiiigT Loiiimilmcnt5 as ai 31 ¥1 Deceinber 2023 (2022.. £Nil). 12 Lcii3iiig Ci>mmltmciits Al 3 I DccLinbei' 2023, %hiiinyo en UK Iidd aiii)uiil Loinini(Ixents Iiiidei. iion-eciii¢¢llublc operatii)g leasc iii Irlation (o a new hire of equipimehl ind lease of a car as delciiled below: 2023 2022 OpLfdtiiig Leases wlii¢h expiiy.. Wilhin oi)e year Williin Iwij io fivB yearb 8,182 1,862 Leuse Pyll15 of £6,516 (2022.. £4,343) weit ree()gnised an expcnsL in the year lo 3151 Deceinber 2023. 13 Coi-poi'#tion I'thxitiott Thc choi'ity is exeini)I li'oni tllx on iiici)Ine aiid gaiiis falliiiu withiii se¢lioii 505 of 11)e T4xes Act 1988 oy section 252 of11)e'l'&x&lion af CliaY8eable Gains Act 199?. lo thc extent ihal iliese are applied to ils Chritable objects. 14 Coiiliiig¢nt Lifibillli¢s Their k)re no coiiliiigeiil liabilitivs to I'eport. 15 1)osl Ilalhn¢e Slie¢t veiils Tl)ere al'e iio post balance s1)e¢l even15 10 Itl)OTt. 16 Rel#l¢(I prIY Ti'I118AcIioiis I'liis ycar Ilieie wei'e iio diircloi's provided with rLtIl-free aLcominodatioii oli Thc Manor 14ouse piY)pei'ly i ¢ni)i)etlioi) willi Ilieii. dillies, as provided foi. uiidei. Clause 4 ofiiie Menioi'aiiduin ofA$50Ciation. Tlic C02di House litts nol bern occiii)ied dui'ing Ilie yeui. by tl)e jiiiiior Inii)islers oli tl)eii' tejyi of s¢condiiieiil iii Ilie Uiiiled Kiiigdojn. Sliiiinyo-eii Japaii, the Foundiiig tslEanisatioii pi'ovides Shiiiiiyo.eii, UK will) fiinding by way of siibv¢Jilioii iiicoiiie. boi. Ihc year ¢iidcd 31, D¢coniber 2023, Sliiiuiyo-¢ii, UK received siibveiilioii iiicoiiie ot £467,14J {2022-. £12o,nnn), which iiJcliided £4.s,ooo fnr l iai)tci'ii Flt>ating C.es'eriiniii&s & Iiilei'faiih activities, £Nil (2U22- £Nil) foi. Lducalion, È12,143 (2022- £Nill for Youlh Associa(ion aclivilies and £30,000 toi. BLiiI(ling Mainleiiaii¢e (2022.. £Nil). Diii'inu* 11)e yeai., Irainiiig? Iiavel exp¥i)ses lolfilling £1,27712022.. £Nil) wLie paid on belialf ol. IriibteLS' wives 81)d £1,318 011 belialf of a Irustee's faii)ily Ineii)ber as pail ora YOuth/Lee15hl) Irainitig witl)in 111¢ Sl)ii)nyo Eli Yoiiili AbSU¢iIgtioii. 17 'fru5tet Expeiises Disl'iiig Ilie yeai., tlie Ii'avel expenses oftwo ti'ustees totalling £2,455 (2022.. Nil) and I'¢iiiibiiiEeAi expei)5e5 of £56 lo a Iiiislee weir paid for by Sliii)iiyo-en, UK. 18 Control Tlie ExeLiitive DiiE¢toi' of Shinny(peii Japan ovei3ccs the overall ii)ana8eiiieii( of Sliinnyo-en, UK ai)d is the 19 G'eiiei'nl liiforinntioii TIJL clitii'iiy is & eoiiipai)y liniitcd by gua142ntee, rcgisteied iii Eiiglfitid aiid Wale5. '1'he addirss of tlie i'egi5tcre(l olYi¢e is Tlie Manor 14uii¥L, Woodslock Lane Noilli, Loiill Dilloii. Siirrey, K'l'6 5HL.
INDFpfi,NDN,r AUDI'I'I)IIS' IIEI'IIRT'fo'i'iiJE iVlL¢MBEI 11,S OV
SHINNYO.r.N, U.11.
W¢ Iiav¥ aLi¢Jii¢d thc finaiicial siieiii¢iit% ol. Sliiniiyo-cii, IJK for ih¢ yr uid$ 315t Deceiiibei. 2023 wlii¢li compri.%c
or rin#i)cial A¢livilies, Ili¢ Cdfh flow Slaleii)cnt aiid Ilie related notes. ThL fiiiaDLl
i<) INDCI PFNDEIN1' AUDII'ORS, IILI P()IIT I'O THf. MEMBfi R% OV 8HINNYO.EIN, IJ.I<. (CotitlllllLd) Matler.s 011 ivliicli requli'td lo i'¢iioYl by exLepll¢Jii In the liElIl of oui. knowlEdK¢ aiid uiid¢i-sldnding Of tli¢ ¢liai-itabl¢ ¢on)paiiy diid its enviroiintsttnl obtaiiicd iii Ili¢ Goiii¥e Wv liave. iioil)iiigT lo re.pDI-l in r¢spebl vl. Ihe. fullowiiig n)attei¥ in i'e.ialioJi ILI ivhich tlie. C_'.oMi)1nI&s Ai'.1 ?.nnC? ie(iuii'e& 11$ lo rei)orl lo you sf. iii oui- opinioii.. adequalc and propcr accouiitlll8 records Iiave iiot beeii kEpI, or reluiiis adeqiial¢ lor our 8udil Iiave iiol be¢ii Ye¢eived fi'oiii braii¢hes nol visiled by u¥. or the finaii¢ial 51alcmcnts ic re iiDI in 118r¢¢ni¢iii willi IliG iiccoiiiiling rr.¢ords and Irliiri)s; . ¢taIn disclosuirs of trust¢¢s' reniiiiieral11 specified by laiv ait not IT2ade.' or Iv¢ l)av¢ not i'c¢eived all ihe ii)foi'iiiaiaoii find explanations we ieqvii? foi. oiji. audil. oi. Ilie Ii'us(ees weiy iiot eiititled lo piBp&i'e th¢ fin8JiLi21 slDteineiils in accoi'daJic¢ iyilli Ilie sniAII IvlllPil1iie5' re¥ime aiid take advaiilage of Ili¢ sinall coinpaiiies, exeinplioiJs iii prepai'iJi8 Llie tr115tees' Irpoi'l aiid fi'oin Ilic requiirmenl to i)r¢pAIE a.%trategic r¢p(Jii. Re51)uiisibiliti¢5 of ti'usle¥$ As explained moii fully in Ihe Ti'ustees, R¢spoiisibililies Stal¢ment sel OLSI oji page 6 the Truslees (wlio ait also tlie rinancial st41teiiienls and foT being 5alisfLed that they giv¢ a true aiid fail. vi¢w, aiid foi. sll¢h intei'nal contiDI as Ilie Irusleos deleimliie is nocc8511ry to enttble lh¢ prepaJil0n of finoi)¢inl slatemenls th)t ol'e free fi'om mulei'iol misslatemelll, wlieiher due to fraud or eTmr. In pi'eparii)g the finafiGial stalemejils, Ili¢ ti'uslees are Irspon5ible for as%cssiii8 tl)e chai'itable cotnpany's ability lo continue ¢i¥ a guinx coiiccrn, disG105iiig. as applirable, n)attci'5 irlal¢d to going concem aiid using th¢ going con¢crii b%15 nf #ccoiinting 1111165S tlie Iriislecs cithei- intcnd to li(iiiidalo Ihe eharilabl¢ ¢ompany oi. to &s¢ opeTation5, or have nil ieali$iic alteTnalive bul to (k>.%o. Oiii. objectives ai'¢ to oblaiii I'easniiable ossui'81)ce abolit wlietlier tlie fiiiaiicilll stat11¢AltS as ll wliole Are fire fr(M)I matei'ial n)isslalemcnl, wl)elhu' du¢ to fIu ur error, and lo issiie an au(liloT'S report tljat includcs oui. opiiiion. Reasonoble a&guiE)i)ce is a liigli Icv¢l of assuraiicc but is Iiol th guai'nnfee tliat an audil coiiducled in rLCCOi'dniice wilh ISAS (UK) will always detecl a fflaierial Inisslalemenl whcn it exisls. Misslal¢in¢nts ¢an aris¢ fiDni fraud or en'oi. and r¢ ¢oJsidoi-cd Innlcrial if, iiidividulllly oi. iii tli¢ u¥gi'eg41¢, thcy Loiild r¢asonably b¢ cxpecied lo iiiniieiice the econo1]C decisions ofusers taken 011 tlie basis ofihe5e finat]cial sIHlements. Inegularili¢s, iiicluding frau(I, are in8tallces ofnon-compllaiice ivith laws and irgulations. We design i)I'ocoduiYs lil line willi oiir I'e5poiisibilities, tsuilined abov¢, to dele¢1 niatci'ial Ini5Statetiien¢$ 111 IfSP¢Ct of ii'j'egularilits, IllLludiiig fi'aud. The specific pi't)cediiies for tliis engagemttJ)l and (lie ext¢nl to wliich these aT¢ capable ol- deleclin&J jn'egularilies, it)cliiding fraud É5 detailed below.. Opiiilotts 011 otl)cr n141Itei's piw¢i'lb¢d by tlie Ctsniiianies Ait 2006 In our opiiiion, based 011 ili¢ work uii(leilakeii in tlie coui¥e of Ille avdit.. Ilie iiiforinatioii given iii tlie trusie¢s' I'¢pvi't {in¢owoi'atiiig IhE dir¢¢loiB' ieportl foi. the financial year foi. wliicli Ilie Ilie diiEcloL'5' 1'CPOrt lias bcen pr¢i)ar¢d iii a¢¢oLa1)e¢ Ivitli appliGabl¢ legal Iwubr71¢li¢s.
20 INf)Ir.pr,NnETrrr AUI)ITOIIS' 11141)0111- T()'1'14fi mrmnri.iis oil .SIIINNYO LIN, 11,K. Wc liav¢' Obiaincd ali undcislaiiding ol. Ili¥ l¥LJdl aiid K¢giulai'ity fYthi)iewurk applicablL lu ihe enlity and liow Ilic otilily is As%iss¢d ai)d evaliialed Ilic.8iisceplibilily ofilic cn¢ily'8 finai)cial lo JiialcriAI iiii58tal¢menl, Ihlau) cii'oi. find fi'aud. Iiiiplctnciitc(I piticcduirs tu oimble tho idtIf¥Callon and t¢stinx of unusiial or uiiLxpcctcd joiimal enli'ieb,, F.iiluat¢d the dssuinplioiis aiid jud8c(IienlS u%cd by Inaiiagein¢i)I wiihiii siyiifi¢aiil a¢cous1liiig csliiiiat¢5 aijd assesscd ifilie5c inilicale eyiilence of tJlQn2i gemviit bic15; Testc(15i%iiificanl Iixiisaciioiis, in pailiculai the cvaluation of Ihe busiiiess iY¢tioiiole foi. any whicli appear iiiiiisual oi. nulside ilie Lniiipany'% nfii'inAI cniirgc nfhii%ino8%' Reviewed ilie finJiici8181atemeiiis oiid icsled the disclosuirs asaiiist siipporling dociiijicmtation., Cominunicated Ileva111 Ihattcr¥ (iDcliidi#g those abov¥l lo all n)Einbei'% of Ilie audii teain to ensuit thcy tiii(lei'¥land Ilic risks sp¢cifiL lo thv ei)tity oiid the aiidit piYJcLdiires planjied to Initigatc thcsc. B¢cAuse of Il inliei'ejii liiiiilaliTrtt% of ali aiidil, Ihere is a I'isk Ilial w¢ will not d¢l¢¢i all irrogulai'ili¢s, including ihose leadiiig lo a niaterial riiisst¢ltetJieJil iii Ilie fjiiiincial slaleinent% or noii.u)iiiplian¢¢ with regulaiioi). This ris1( iiicirases tlie mol'e tliat eainpliancc willi A law or r¢giiliition 1% rli0Ve[l fibTll ihe eveii15 and Iransaclioiis rclleclcd in 11)¢ Iiiianci¢11 ¥lalc-mc.nl8, as ivc. will bc. less likf.ly to be.coiiie. awaie. of iiistan¢e.s of non-¢ompliatic.c.. The ribk is dlso grealei. I'egllrdiji iir¢Bularilies o¢euNi11g due to fiaud raiher than en'or. As Iraud irhvolves intentional concealmen( forgqyTr Collusion, oinissiDn or misrei)iesentation. A fiirthei. descriplioji of oiir iespon5ibiliti6s for ilic aii(lit of fhc fjnancial slatcjnenls is locatcd on Ihc finoncial Ileporting CvuJicil'5 WLbsil¥ at.. Www.fiL.ui¥.ukJaudilur5PUji¥1biIilI. Tlii& dL5Lripliuii fort[ purl of uiii uthdili>r's wtxjri. Use of oiir repoi't Tliis rcporl is ma(le solely to tlie ¢liArilabl¢ coinpany's iiietnbcis, 4$ a bodys ill 4uordaiic¢ iyiili CliapteL' 3 ot. Part 16 uf IIIL C.ompanie$ Act 2006. Our oiidil iyoik lifys beeth oiideiiThkeN %0 ilithi we In%t.$1te lo (he chai'iioble compAny's menibei's tlio$ wc do iifit a¢c¢pl oi. assill$ respon8ibility to anyone oihcr t1111 the ¢hii iilabl¢ ¢onipaiiy aiid it$ Tn¢mb¢i$ a5 a bodyy lor oui. audit work. loi tliis repori. oi. tui Ilie opinioiis ive hav¢ foini¢d. Andrcw Sh¢pliciYt (Senior Slatuloiy Auditor) for aiid oii behalf of Couch Bi'ighi King & Co ClIArlci'cd Accotiiiinll15 Slaluloiy AILdilor 2 Tollieist Couyl Tuil(ey Mill Business Park Ashfor(l Road. Maidslone Ken( ME14 5SF 1 AIi¥iist 2024
SHINNYO-EN, U,1<, Df4,1'AlI,r.i) INCOML ANI) rxi)Ei NDI'I'IIIII,.. A('.COIIN'r liQll'I'llE Yli An li NDfi D 31S1' DLI C'EMBfi 112023 2013 2022 12,143 30,000 Fu11d., foi Loiilcrii lèlonling Lcirmoiiy 45,000 40,000 87,143 4Q,O()Q Subvenlion fioin foiiiidiiig Oi'&iunisalioii iii Jllpan 380.000 Follower% Coiilribiilioiis iird Pai'ly Donilioiiy 280,000 148,738 252.695 3,453 89() 2.948 15,733 8,520 2,194 485 2,923 16,265 4,804 Lodge l4oii¥c- ShorlTeriii Nel Reiildl Iiiu)iii¢ CoAcli Hoiisc- Short Tcrm Ncl RLnlal InL'otnc 1iJleres1 Rcceivable 666,439 454,#54 1'otAI liieomt 7S3,582 494,854 Reslrleltd Ei xpcjiilitiii'e Unresti.l£tod JLxp¢ndi¢vi'e Laiilerii floating Cereiiiony Lile5 & 111siiraiii¢ I.iglil, Hcal & Watey (Nolc Jl 55,022 41.270 5,218 16,3R2 14,691 69,580 3,935 249 56,722 2,762 2,442 15.768 346 17 12.361 14,9561 14,675 8,819 12,435 6],379 3,942 127 8,981 2,571 2.014 18.630 1.938 43 12,483 Equipmenl Ileiilttl Festival of Onei)cBs, Japan l-ran%lation Fec Motor Expenses Residcnl MiJ)i51er- Lxvijig EKpeiiscs Dcpiroiailon l Amortisatioii Pi'ofit on fixed A%8el Disposfil8 195,517 148,037 aiJAgcni¢iit aiid Adn?inlstl'Ailon Salary Cos15 PcTi$ion eo$is Ex Pn15 Cos1 310.462 261,215 11.190 9.703 2QO 5,435 Website costs Teleplioiie Pi'it)liiig, St#tionery ond PoslHg¢ Suiidries Lossl(Profitl 051 Forei811 ExLliathg¢ 3,310 345 2,764 227 603 730 7.65D (>.300 4.621 1,570 8,550 6.420 22.717 Audil fees ALLoiiiilaiicy Seivices L¢gal and PrOrS1Onl fees oili¢r Eiiiployee Prolessioiiiil fees 388.745 317.156 Total fi xpendltui'¢ 639,284 506,463 Sui'i)lusllDtf&oil) of ljiconie ¢JveJ' 114,298 781,913 79J,522 Siit'iilus C#i'i'ltd fioi'wAI'd £ 8CJ6.211 £ 781.913