Trlratna Buddhlst Community In Brlstol
{al$o known a$ Brl$tol Buddhlst Cent)
A¢¢ounl$ and Trustees Annual Report
for the year ended
31 December 2021
Charity registration number- 900165
Contents
Page
Trustees Report
Annual Report
Independent Examiner's Report
Stslement of Source and Application of Funds
Balance Sheet
Notes lo the Financial S¢alemenls
TRIRATNA BUDDHIST COMMUNifi IN BRISTOL
Year to 31 December 2021
Trustees Report
Legal and Administrative Infomiation
Charity registratson Number- 900165
Address
162 Gloucesler Road
Bishopston
Bristol BS7 8NT
Trustees
Trustees were in post for the whole year unless shown otherwise.
Trustges were in post for the whole year unless shown othetwise.
Francis Self (Dharmathari Bhadral (Chairl
Susan 8amikel IDharmacharini Khemajots) until July 2021
Jgnniler Brown IOharna¢harini Salyalilal
Dharmacarini Amaladipa from April 2021
Patrice Edwards Ioharmachari Advayamatil
Christine Jackson (Dharmacharini Shraddhalochanil
Sally Rawlings (Dharmacharini Suryadayal unbl July 2021
Dharmacharini Vimalavajri
David Young IDharmachari Simhanada
Will Elworthy (Dharmacari Kamalavajral Irom August 2021
Full contact details are available on request.
Bankers
The Co-operative Bank
PO Box 200
Skelmersdale, Lancs. WN8 6NY
Independent Examiner
Dick Maule
The Cross House , South Woodchester GL5 SEL
Phone..
07582592002
TRIRATNA BUDDHIST COMMUNITY IN BRISTOL
Annual Report 2021
Introduction
Bristol Buddhist Centre is run by the Bristol Triratna Buddhist Community. Our main activities
include teaching the Dhamia, or leachings of the Buddha at all levels and sUppOng around 140
Buddhists to deepen their practice. This report is about the spiritual community or sangha that
meets and prath.ces at the Bnslol Buddhist Centre and what It has been doing during the last
year.
During 2021 we contsnued to offer most ofour dasses online throughout the year. From September
we moved lo hybrid events (online and in person) to encourage in person attendance whilst
continuing lo offer access via Zoom. There has been encouraging numbers att8nding our
introductory courses and we are maintaining gocx1 levels ol attendance at our many Buddhist
activities. The Centre has been this year by Covid restn'ctions and so we have been unable to offer
our usual engagement with schools.
One of our basic principles is that people need the support of a spiritual Mmunity if they are lo
make consistent progress on the Buddhist path. Supporting and building Sangha has been
particularfy important during this year as we negotiale the reslrictsons and concerns of the
community.
One oflhe major achievements ofthe year has been the completion ofour new website which was
achieved through the generosity ol many volunteers and parts'cularly the CuntIesS hours and skill
given to this project by Kamalavajra
ObJ8Ctlv•s and ActlvStl•8
The prfmary object of the Centre is the advancement of the Buddhist religion, in particular by..
Encouraging members and olhers to live in accordance with the teachings of the Buddha
Supporting ordained members of ihe Triratna Buddhisl Community and other duly ordained
Buddhists al the discretion ol the Council ol ihe Association
Maintaining close communication with an(J working under the guidance of the Triratna Buddhist
order and in Co-operation wth olher groups with the same objects, and
Using applications of the Buddha's teaching lo promote the health and well-boing of all
Structure, Goveman¢e and Management
Governing Document
The Triratna Buddhist Community in Brislol (Bristol Buddhist Centrel was registered with the
Charity Commission (No. 9001651 on 30 November 1989 under the ch8rib.es Act 1960. as 8 charty
whose purposg is the advancement of the Buddhist lIgIon. The Charity is govemed by its
constilution and is organisationally and financially independent frC other groups with the same
object.
Appointment of Trust&trs
The Board of Trustees is appointed at the Annual General Meeting of the Charity. Trustees serve
for one year, when ihey become eligible for re*lection. Trustees are deemed to be fit and proper
persons, and members of the Triralna Buddhist OTder. They are appointed according lo our
Constitution and appende(I "tK>li¢y for Tnjstee (xxjncil membership"
Risk Management
The Charity Comrnission recommends that Ghanb"es should Garry out a risk review lo satisfy
themselves that all significant risks have been identified and that appropriate management plans
are in place. During 2021, the existing risk management plan was vieWed and amended, with
risks conceming bado up for bey roles being downgraded. and identification of an increased risk
relating lo IT security.
Organisational sttucture
Trustees meelings are held at least 6 times a year. The day to day running of the ntre is
delegated to a team consisting of both salaried and volunteer staff. overseen by the Chair.
Achl8v•ments and Pèrfomianc•
During 2021, the Iruslees believe that the Charity achieve(J its objecb.ves in the following ways-
For newcomers..
28 Introductory online Meditation classes.
2 online Buddhism & Meditation courses and 1 hybrid course.These courses provided systematic
introduction lo Buddhism and meditation for a total of over a 100 attendees.
40 online 8odyDharma classes offering an introduction lo meditation through Yoga and other body
based exercises
For regulars..
40 online or hybrid weekly Sangha (frrls) dTOP-in nights attracting up to 35 attendees per week,
40 online or hybrid weekly sangha meditations
There were also regular online Sangha Cirdes to build community. Monthly Going deeper
meditation classes, Bristol Young Buddhists meetings and Eco practice meetings. We also
celebrated the main Buddhisl lestsvals.
For mitras (stated Buddhists practising in Triratnal there were regular online or hybrid Dhamia
training groups, online mornings for women iraining for ordinats'on, and 2 well attended online week
long retrea15. The"rainy season" retreat and a Sangha retreat.
Cl¢)se communication with Ihe Triratna Buddhisl Order is maintained through the Chair and Milra
Convenors attending biannual meetings with their ¢ountgrparts from throughout Europo, as wo11 as
participating in Triratna-wide evenl5.
4 people b9me Mitras in 2021.
Flnanclal R•vl•w
Our principal sources of income are regular donalions from members of the Sangha. dana from
classes and events, and hire of our pmiSes, together wth income from renting rooms to
complementary therapists.
Reserves Policy- The Trustees have requested that a sum equivalent to 3 months normal
expenditure should be held in reserve. Currently 8 sum in exee5s of this is being held. in
anticipation of some rgfurtjishment work lo bg ¢arried out at the ¢ent in due ¢otJrse.
Principal funding source- The Charity is self-funding, and in 2015 introduced a dana (voluntary
giving) system, i.e. no charge is for classes and events, enabling anyone lo benefit from
th& Buddha's teachings. regardless of means. The Chartty has promoted to members the
opportLJnity to support the centre through the use of standing orders and direct debits. This
provides the cenile with clearer cash flow projection. which in tum enables a more structured
programme of development.
The centre also offers facilities to other groups for a fee. and rents rooms to complementary
therapists.
Investment Policy- The Trustees have considered the most appropriate policy for investing
funds and have 8 deposit account with Triodos Bank. which has strong ethical principles which
accord with Buddhist philosophy. Investing with Triodos will allow the Charity a modest 3moLJnt of
capital growth and also enable the charity lo withdraw funds at short nots'ce, if necessary, with
little or no loss of interest.
Futurè Plans
Underpinning the objects of the Charity is the aspiration lo supp(vt and inspire the Buddhist
¢oTnmunity of which we are a part. To this end the Centre Team and Tru51ees have adapted lo
the difficult environment of the pandemic and have promoted online and hybrid initiatives to
maintain and develop a true Dharnia cenlre. with aclivities designed to focus on this overarching
objective.
Statement of Trustees, responsibilities
The trustees are responsible for preparing the Truslees. Annual Report and the financial
statements in accordance with applicable law and United KIngdn Accounting Standards (United
Kingdom Generally Accepled Accounting Praclicel.
The law applicable lo charities in IEngland & WaleslNorthem Irelandl requiros the Irusleos lo
prepare financial statements lor each financial year which give a true and fair view ol the slate of
affairs of the charity and of the incoming resources and application of resources of the charity for
that period. In preparing these financial ststements. the tnJstees are required lo.
select suitable accounting policies and then apply them consislenlly.,
observe the methods and principles in the Charities SORP 2015 and IFRS 102..
make judgements and estimates that are reasonable and prudent..
slate whether 8pplicable 8ccounb.ng stsndards have been followed, subject lo any material
departures disclosed and explained in the financial s¢alemen¢s'.
prepare the finanual slalements on the going concem basis unless it is inappropriate lo
presume that the chanty will continue in operation.
The irustees are responsible for keeping proper accounling records that disclose with reasonable
accuracy at any time the financial positson of the charity and enable them lo ensure that the
rinancial slalements comply with the Charilies Acl 2011, the Charity (Accounts and Reports)
Regulations 2008 antl the provisions of the Irusl dee(l. They a also responsible for
safeguarding the assets ol the charity and hence for taking reasonable steps for the preventson
and dete¢tson of fraLbd and olhor irre9ularitie$
Approved by the Board of Trustees on
2022
and signed on ils behalf by
Chair
Dharmacari Bhadra
endent Examln
re
in Bri
I report on the accounts of the charity for the year ended 31st December 2021
which are sel out on pages 8 to 14
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The
charity's trustees consider that an audit is not required for this year under section
144121 of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed.
It is my responsibility to:
examine the accounts under section 14S of the 2011 Act;
follow the procedures laid down in the general Directions given by the
Charity Commission under sertion 14515)Ib) of the 2011 Act,. and
State whether particular matters have come to my attention.
Basis Of independent examiner's report
My examination was carried out in accordance with the general Directions glven
by the Charity Commission. An examination includes a review of the accounting
records kept by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disc105ures
in the ?ccounts, and seeking explanations from you as trustees concerning any
such matters. The procedures undertaken do not provide all the evidence that
would be requlred in an audit and consequently no opinion is given as to whether
the accounts present a "true and fair vlew" and the report is Ilmited to those
matters set out in the statement below.
Independent examiner's statement
In connection with rny examination, no matter has come to my attention:
whlch gives me reasonable cause to belleve that, In any materlal respect,
the requirements:
to keep accounting records in accordance with section 130 of the 2011
to prepare accounts which accord with the accounting record5 and
comply with the accounting requirements of the 2011 Act
have not been met; or
to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Name
Address
Dick Maule F.C.A.
The Cr05s House South Woodchester GL5 SEL
Date:
## **Triratna Buddhist Community in Bristol**
## **Statement of Financial Activities for the year ended 31st. December 2021**
|**Income from**
Grants
Donations
_Investment income_
Interest
**charitable activities**
Retreats
Classes and courses
Rent
Events
Other income
Shop income
**Total**
**Expenditure on**
Charitable activities
**Total**
**Net income/ (expenditure)**
Loss on revaluation of fixed assets
Net movement in funds
Total funds brought forward
**Total funds carried forward**|2021
£
18,143
63,611
66
1,010
237
11,817
-
1,763
242
96,890
98,633
98,633
(1,743)
-
(1,743)
386,977
385,234|2020
£
-
60,124
245
307
3,010
10,577
1,236
1,106
507
77,111|
|---|---|---|
|||100,642|
|||100,642
(23,531)
-|
|||(23,531)
410,507|
|||386,977|
8
## **Triratna Buddhist Community in Bristol**
## **Balance sheet as at 31st. December 2021**
|Notes
**Tangible assets**
2
**Current assets**
Debtors
4
Cash on hand
Cash at bank
**Current liabilities**
Creditors: amounts falling
due within 12 months
3
**Net Current assets**
**Net assets**
**Unrestricted funds**
**General funds**|2021
£
4,533
87
91,294
95,914
(612)|£
289,932
95,302
385,234
385,234|2020
£
294,067|
|---|---|---|---|
||||5,720
204
87,931|
||||93,855
(945)|
||||92,910|
||||386,977|
||||386,977|
The financial statements were approved and authorised for issue by the trustees on dated:-
and signed on their behalf by:
On behalf of the Trustees ...............................
9
## **Triratna Buddhist Community in Bristol**
## **Notes to the accounts for the year ended 31st. December 2021**
## **(1) Principal Accounting Policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year except for SORP compliance changes.
## (a) Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 2nd edition and the Charities Act 2011.
The financial statements have been prepared under the historical cost convention.
(b) Fund accounting
[i] Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
[ii]Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes.
[iii] Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
(c) Income
Income is included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.
[i] Income received by way of grants, donations and gifts and is included in full
in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when
the charity becomes unconditionally entitled to the grant.
[ii] Donated services and facilities are included at the value to the charity where this can be quantified.
[iii]The value of services provided by volunteers has not been included in these accounts.
[iv] Investment income is included when receivable.
[v]Income from charitable trading activity are accounted for when earned.
[vi]Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
## (d) Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered
[i]Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
[ii] Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated dirctly to such activities and those costs of an indirect nature necessary to support them
[iii]All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.
10
## **Triratna Buddhist Community in Bristol**
## **Notes to the accounts for the year ended 31st. December 2021 (1) Principal Accounting Policies**
## (e) Fixed Assets
Fixed assets are written off over the expected useful life of the asset as follows:
|Freehold Land and Buildings|2% reducing balance|
|---|---|
|Artefacts|5% reducing balance|
|Library|20% reducing balance|
|Fixtures, fittings and equipment|20% straight line|
|Office equipment|33% reducing balance|
|**(2) Tangible Assets**||Office||||Fixtures &|||
|---|---|---|---|---|---|---|---|---|
||Building|Equipment|Artefacts|Library||fittings|Total||
||£|£|£|£||£|£||
|Cost:|||||||||
|balance brought fwd|270,000|6,849|18,507||569|33,809||329,734|
|additions in the year|-|1,984|-||-|2,780||4,764|
||270,000|8,833|18,507||569|36,589||334,497|
|Depreciation|||||||||
|balance brought forward|10,800|5,324|5,656||387|13,499||35,666|
|charge for the year|5,186|903|646||26|2,138||8,899|
||15,986|6,227|6,302||412|15,637||44,565|
|Net book value at 31/12/2021|||||||||
||254,014|2,605|12,205||157|20,952||289,932|
|Net book value at 31/12/2020|||||||||
||259,200|1,525|12,851||182|20,310||294,067|
## **(3) Creditors and accruals**
Creditors: amounts falling due within 12 months
|Sundry creditors
**(4) Debtors and prepayments**
Prepayments
Gift Aid recoverable|2021
£
612
44
4,489
4,533|2020
£
945|
|---|---|---|
|||-
5,720|
|||5,720|
11
## **Triratna Buddhist Community in Bristol**
## **Notes to the accounts for the year ended 31st. December 2021**
## **(5) Expenditure**
||Total||Total||
|---|---|---|---|---|
|||2021||2020|
||£||£||
|Shop cost of sales||233||586|
|Fundraising costs||-||-|
|IT||3,547||2,025|
|Insurance||2,169||2,124|
|Cleaning and caretaking||1,246||1,017|
|Shrine expenses||-||26|
|Library||-||-|
|Catering||202||52|
|Repairs and renewals||2,957||1,629|
|Health and safety||1,050||438|
|Publicity||-||-|
|Print, post and stationery||406||458|
|Waste disposal and recycling||421||640|
|Donations to Central Triratna||5,328||5,328|
|School work||736||-|
|Teachers fees||1,620||958|
|Telephone||1,111||889|
|Heat light and water||2,052||1,939|
|Non capitalised equipment||70||1,143|
|Council Tax||273||354|
|Retreat accommodation||-||-|
|Salaries and wages||58,239||65,478|
|Retreat allowance||2,517||2,454|
|Trustees expenses||50||289|
|Sangha development||50||-|
|Mitra Convenor expenses||56||-|
|Other donations||-||500|
|Miscellaneous expenses||147||694|
|Bank charges and service fees||3||-|
|Professional fees||4,751||1,956|
|Independent examiner's fees||500||500|
|Depreciation||8,899||9,165|
|||98,633||100,642|
12
## **Triratna Buddhist Community in Bristol**
## **Notes to the accounts for the year ended 31st. December 2021**
## **(6) Employee information and transactions with trustees**
|**(6) Employee information and transactions with trustees**|||
|---|---|---|
|Salaries and wages
Pension costs
Social security costs
Retreats|2021
£
56,876
1,363
-
58,239
2,517|2020
£
63,822
1,114
542|
|||65,478|
|||2,454|
Staff costs represent living allowances paid to those involved in the running of the Charity, tax and
national insurance due thereon, and the cost of retreats to enable them to develop their Buddhist practice. Although deemed to be taxable by HMRC, the purpose of the living allowances is to enable those concerned - all of whom are practising Buddhists - to continue with their Buddhist practice at
the same time as helping the Charity.
The number in receipt of allowances in the Charity was 6 in 2021 (and 6 at the end of
2020). All staff were based at Bristol Buddhist Centre and apart from the finance manager
cannot be easily categorised. All received less than £14,000 p.a. except the chair who received £20,375 p.a..
During the year, one member of the Charity's Council, the Chair, was reimbursed expenses totalling £50 [2020:£289]for costs incurred with respect to travel and accommodation.
The Charity's Rules allow for support - such as the living allowances mentioned above - to be given to
members of Council who are members of the Triratna Buddhist Community and during the year the Chair received such allowances totaling £550(2020 - £369) in pursuit of its objects. The Charity paid for a retreat for one Council member during the year totalling £50 [2020: £50].
13
## **Triratna Buddhist Community in Bristol**
## **Notes to the accounts for the year ended 31st. December 2021**
## **(7) Analysis of prior year funds to comply with FRS 102 requirements**
## **Statement of Financial Activities for the year ended 31st. December 2020**
|**Income from**
Donations
Investment income
Interest
charitable activities
Retreats
Classes and courses
Rent
Events
Other income
Shop income
Total
Expenditure on
Charitable activities
**Total**
Net income/ (expenditure)
Loss on revaluation of fixed assets
Net movement in funds
Total funds brought forward
Total funds carried forward|2020
£
60,124
245
307
3,010
10,577
1,236
1,106
507
77,111
100,642
100,642
(23,531)
-
(23,531)
410,507
386,977|2019
£
50,883
327
5,873
15,542
28,596
1,308
1,988
1,816|
|---|---|---|
|||106,333|
|||102,771|
|||102,771|
|||3,562
-|
|||3,562
406,945|
|||410,507|
14