**TRIRATNA BUDDHIST COMMUNITY IN BRISTOL** Charity registration Number – 900165 **Trustees’ Report and Annual Accounts** **Year to 31 December 2023** ## **TRIRATNA BUDDHIST COMMUNITY IN BRISTOL** ## **Year to 31 December 2023** ## **Trustees’ Report** ## **Legal and Administrative Information** Charity registration Number – 900165 _Address_ 162 Gloucester Road Bishopston Bristol BS7 8NT ## _Trustees_ Trustees were in post for the whole year unless shown otherwise. Francis Self (Dharmachari Bhadra) (Chair) Sam Rawlings (Dharmacari Singhamanas) Christine Jackson (Dharmacharini Shraddhalochani) David Young (Dharmachari Simhanada) Will Elworthy (Dharmacari Kamalavajra) Mark Hewitson (Dharmacari Naravira) Full contact details are available on request. ## _Bankers_ The Co-Operative Bank PO Box 200 Skelmersdale, Lancashire WN8 6NY Triodos Bank Deanery Road, Bristol BS1 5AS ## _Independent Examiner_ Clare Chapman FCA Conscious Finance Limited 6 High Street Bruton Somerset BA10 0AA ## **TRIRATNA BUDDHIST COMMUNITY IN BRISTOL** ## **Annual Report 2023** ## **Introduction** Bristol Buddhist Centre is run by the Bristol Triratna Buddhist Community. Our main activities include teaching the Dharma, or teachings of the Buddha at all levels and supporting around 140 Buddhists to deepen their practice. This report is about the spiritual community or sangha that meets and practices at the Bristol Buddhist Centre and what it has been doing during the last year. During 2023 We ran a full programme of events, retreats and regular classes. One off donations from participants have been improved by installing a donation station in the Centre. Regular donations are stable but not improving. It is unclear if this is a response to the wider economic climate. School visits have increased and the rental income from our Healing Rooms business has continued to rebuild to pre covid levels. There has been encouraging numbers attending our introductory courses. One of our basic principles is that people need the support of a spiritual community if they are to make consistent progress on the Buddhist path. Supporting and building Sangha continues to be an important objective as we negotiate the post pandemic concerns of the community. ## **Objectives and Activities** The primary object of the Centre is the advancement of the Buddhist religion, in particular by: - Encouraging members and others to live in accordance with the teachings of the Buddha - Supporting ordained members of the Triratna Buddhist Community and other duly ordained Buddhists at the discretion of - the Council of the Association - Maintaining close communication with and working under the guidance of the Triratna Buddhist order and in co-operation - with other groups with the same objects, and - Using applications of the Buddha’s teaching to promote the health and well-being of all ## **Structure, Governance and Management** ## _Governing Document_ The Triratna Buddhist Community in Bristol (Bristol Buddhist Centre) was registered with the Charity Commission (No. 900165) on 30 November 1989 under the Charities Act 1960, as a charity whose purpose is the advancement of the Buddhist religion. The Charity is governed by its constitution and is organisationally and financially independent from other groups with the same object. ## _Appointment of Trustees_ The Board of Trustees is appointed at the Annual General Meeting of the Charity. Trustees serve for one year, when they become eligible for re-election. Trustees are deemed to be fit and proper persons, and members of the Triratna Buddhist Order. They are appointed according to our constitution and appended “policy for Trustee council membership” ## _Risk Management_ The Charity Commission recommends that charities should carry out a risk review to 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 reviewed and amended, with risks concerning back up for key roles being downgraded, and identification of an increased risk relating to IT security. ## _Organisational structure_ Trustees meetings are held at least 6 times a year. The day to day running of the centre is delegated to a team consisting of both salaried and volunteer staff, overseen by the Chair. ## **Achievements and Performance** During 2023, the trustees believe that the Charity achieved its objectives in the following ways: For newcomers: 40 Introductory Meditation classes. 3 Buddhism & Meditation courses. These popular courses provided a systematic introduction to Buddhism and meditation for a total of over 100 attendees. 30 Yoga and other body-based exercise classes 20 events specifically for younger participants (Sub 35) ## For regular atendees: 40 Sangha (friends) drop-in nights attracting up to 30 attendees per week, 40 weekly sangha meditation classes attracting up to 20 attendees per week For mitras (stated Buddhists practising in Triratna) there were regular Dharma training groups, events for those training for ordination, and 2 well-attended retreats, the “rainy season” retreat and a Sangha retreat. Close communication with the Triratna Buddhist Order was maintained through the Chair and Mitra Convenors attending biannual meetings with their counterparts from throughout Europe, as well as participating in Triratna-wide events. We celebrated the main Buddhist festivals. ## **Financial Review** _Principal funding source_ – The Charity is self-funding and in 2015 it introduced a dana (voluntary giving) system, i.e. no charge is made for classes and events, enabling anyone to benefit from the Buddha's teachings, regardless of means. The Charity has promoted to members the opportunity to support the centre through the use of standing orders and direct debits. This provides the Centre with clearer cash flow, which in turn enables a more structured programme of development. The Centre also offers facilities to other groups for a fee, and rents 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 a sum in excess of this is being held, in anticipation of some refurbishment work to be carried out at the centre in due course. _Investment Policy_ – The Trustees have considered the most appropriate policy for investing funds and have a deposit account with Triodos Bank, which has strong ethical principles which accord with Buddhist philosophy. Investing with Triodos will allow the Charity a modest amount of capital growth and also enable the charity to withdraw funds at short notice, if necessary, with little or no loss of interest. ## **Future Plans** Underpinning the objects of the Charity is the aspiration to support and inspire the Buddhist community of which we are a part. To this end the Centre Team and Trustees have adapted to the changing post pandemic environment. We continue to explore initiatives to maintain and develop a true Dharma centre, with activities designed to focus on this overarching objective. ## **Statement of Trustees’ responsibilities** The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England, Wales and Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP 2015 and FRS 102; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures - disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that - the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities Approved by the Board of Trustees on 1 October 2024 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Seclion A Indewident Examiner's Repc Triratr￿ Buddhist Cornmunrty in Bristol 31 Decen*>er 2023 Charity no Irf any) 0165 wwjer ¥e(kn 145(5Mbl ¢A ts A Ihe A¢ or 30 Sept 2024 Clare Chyn qualifK*i(orf¥) (Y body (rf BA10 OAA Oct |||||||| |---|---|---|---|---|---|---| |Charity No| |FOR|ENGLAND|AND|WALES|Triratna Buddhist Community in Bristol|(if any)|900165| |Annual accounts for the period| |Period end| |Period start date|01-Jan-23|To|date|31-Dec-23| |*|—|——| |Section A Statement of financial activities| |Restricted| |Unrestricted|income|Endowment|Prior year| |Recommended categories by activity|funds|funds|funds|Total funds|funds| |£|£|£|£|£| |Incoming resources (Note 3)|F01|F02|F03|F04|F05| |Income and endowments from:| |Donations and legacies|S01|67,891|-|-|67,891|56,556| |Charitable activities|S02|34,154|-|-|34,154|24,821| |Other trading activities|S03|-|-|-|-|-| |Investments|S04|-|-|-|-| |Separate material item of income|S05|-|-|-|-|-| |Other|S06|-|-|-|-|-| |Total|S07|102,045|-|-|102,045|81,377| |Resources expended (Note 6)| |Expenditure on:| |Raising funds|S08|-|-|-|-|-| |Charitable activities|S09|114,319|-|-|114,319|102,137| |Separate material item of expense|S10|-|-|-|-|-| |Other|S11|-|-|-|-|-| |Total|S12|114,319|-|-|114,319|102,137| |Net income/(expenditure) before investment gains/(losses)|S13|- 12,274|-|-|- 12,274|- 20,760| |Net gains/(losses) on investments|S14|-|-|-|-|-| |Net income/(expenditure)|S15|- 12,274|-|-|- 12,274|- 20,760| |Extraordinary items|S16|-|-|-|-|-| |Transfers between funds|S17|-|-|-|-|-| |Other recognised|gains/(losses):| |Gains and losses on revaluation of fixed assets for the charity’s own use|S18|-|-|-|-|-| |Other gains/(losses)|S19|-|-|-|-|-| |Net movement in funds|S20|- 12,274|-|-|- 12,274|- 20,760| |Reconciliation of funds:| |Total funds brought forward|S21|364,474|-|-|364,474|385,234| |Total funds carried forward|S22|352,200|-|-|352,200|364,474| |1| **----- End of picture text -----**
7 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section B Balance sheet** **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |Restricted| |Unrestricted|income|Endowment|Total this|Total last| |funds|funds|funds|year|year| |£|£|£|£|£| |Fixed assets|F01|F02|F03|F04|F05| |Intangible assets (Note 15)|B01|-|-|-|-|-| |Tangible assets (Note 14)|B02|279,114|-|-|279,114|288,072| |Heritage assets (Note 16)|B03|-|-|-|-|-| |Investments (Note 17)|B04|- - -|-|-| |Total fixed assets|B05|279,114|-|-|279,114|288,072| |ee| |Current assets| |Stocks (Note 18)|B06|-|-|-|-|-| |Debtors (Note 19)|B07|4,354 -|-|4,354|8,929| |Investments (Note 17.4)|B08|-|-|-|-|-| |Cash at bank and in hand (Note 24)|B09|72,852|-|-|72,852|71,719| |Total current assets|B10|77,206|-|-|77,206|80,648| |===>| |Creditors: amounts falling due within one year| |(Note 20)|B11|4,121 -|-|4,121|4,246| |Net current assets/(liabilities)|B12|73,085|-|-|73,085|76,402| |——————| |Total assets less current liabilities|B13|352,199|-|-|352,199|364,474| |Creditors: amounts falling due after one year| |(Note 20)|B14|-|-|-|-|-| |Provisions for liabilities|B15|-|-|-|-|-| |Total net assets or liabilities|B16|352,199 - -|352,199|364,474| |oe| |Funds of the Charity| |Endowment funds (Note 27)|B17|-|-|-| |Restricted income funds (Note 27)|B18|-|-| |Unrestricted funds|B19|352,200|-|352,200|364,474| |Revaluation reserve|B20|-| |Total funds|B21|352,200|-|-|352,200|364,474| |—————| |Signed by one or two trustees on behalf of all the trustees|Date of| |Signature|Print Name|approval| |dd/mm/yyyy| **----- End of picture text -----**
Signed by one or two trustees on behalf of all the trustees 8 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: • the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support _**Not Applicable**_ the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**Not Applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. _**Not Applicable**_ ## **1.3 Change of accounting policy** The accounts present a true and fair view and the accounting policies adopted are those outlined in Note 2. Yes*  * -Tick as appropriate No*  ## _**Please disclose:**_ _**(i) the nature of the change in accounting policy; Not Applicable**_ 9 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 **----- Start of picture text -----**
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; Not Applicable
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
Not Applicable
periods before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). |Yes*
No*|
|* -Tick as appropriate| |---|---|---| ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of any changes;_**|**_Not Applicable_**| |**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|**_Not Applicable_**| |**_(iii) where practicable, the effect of the change in one or_**|| |**_more future periods._**|| ||**_Not Applicable_**| ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). **----- Start of picture text -----**
Yes* 
* -Tick as appropriate
No* 
Please disclose:
(i) the nature of the prior period error; Not Applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item Not Applicable
affected; and
(iii) the amount of the correction at the beginning of the
Not Applicable
earliest prior period presented in the accounts.
**----- End of picture text -----**
10 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies 2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
 the monetary value can be measured with sufficient reliability.
**Donated goods**
**Contractual income and**
**performance related**
**grants**
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
The charity has incurred expenditure on support costs.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.|Yes
No
N/a



Yes
No
N/a



Yes
No
N/a



Yes
No
N/a



Yes
No
N/a



Yes
No
N/a



Yes
No
N/a



Yes
No
N/a



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No
N/a



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No
N/a



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No
N/a



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N/a


| |---|---| 11 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.| |---|---| |**Income from interest,**|This is included in the accounts when receipt is probable and the amount receivable can| |**royalties and dividends**|be measured reliably.| |**Income from membership**|Membership subscriptions received in the nature of a gift are recognised in Donations| |**subscriptions**|and Legacies.| ||Membership subscriptions which gives a member the right to buy services or other| ||benefits are recognised as income earned from the provision of goods and services as| ||income from charitable activities.| |**Settlement of insurance**
**claims**|Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.| |**Investment gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the| ||year.| |**2.3 EXPENDITURE**|**AND LIABILITIES**| |**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or| ||constructive obligation committing the charity to pay out resources and the amount of| ||the obligation can be measured with reasonable certainty.| |**Governance and support**
**costs**|Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.| ||Support costs include central functions and have been allocated to activity cost| ||categories on a basis consistent with the use of resources, eg allocating property costs| ||by floor areas, or per capita, staff costs by the time spent and other costs by their usage.| |**Grants with performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.| |**Grants payable without**
**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.| |**Redundancy cost**|The charity made no redundancy payments during the reporting period.| |**Deferred income**|No material item of deferred income has been included in the accounts.| |**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts| ||A liability is measured on recognition at its historical cost and then subsequently| |**Provisions for liabilities**|measured at the best estimate of the amount required to settle the obligation at the| ||reporting date| |**Basic financial**
**instruments**|The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.| |**2.4 ASSETS**|| |**Tangible fixed assets for**|These are capitalised if they can be used for more than one year, and cost at least £500| |**use by charity**|| ||They are valued at cost.| ||The depreciation rates and methods used are disclosed in note 9.2.| |**Intangible fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that do not have| ||physical substance but are identifiable and are controlled by the charity through custody| ||or legal rights. The amortisation rates and methods used are disclosed in note 9.5| They are valued at cost. **----- Start of picture text -----**
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12 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. ## **Heritage assets** They are valued at cost. ## **Investments** Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments ## **Stocks and work in progress** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at **Debtors** settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has investments which it holds for resale or pending their sale and cash and cash **Current asset** equivalents with a maturity date less than one year. These include cash on deposit and cash **investments** equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. ## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** **None** ||Yes|No|N/a| |---|---|---|---| ||||| ||||| ||||| ||Yes|No|N/a| ||||| ||||| ||Yes|No|N/a| ||||| ||||| ||Yes|No|N/a| ||||| ||||| ||Yes|No|N/a| ||||| ||||| ||Yes|No|N/a| ||||| ||||| ||Yes|No|N/a| ||||| ||||| ||Yes|No|N/a| ||||| ||Yes|No|N/a| ||||| ||||| ||||| ||Yes|No|N/a| ||||| 13 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** **----- Start of picture text -----**
Note 3 Analysis of income
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations and Donations and gifts 58,692 - - 58,692 50,086
legacies: Gift Aid 9,199 - - 9,199 6,470
Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 67,891 - - 67,891 56,556
Charitable activities: Classess and Courses
3,717 - - 3,717 2,715
Rental income 27,091 - - 27,091 19,979
Events and shop income 1,200 - - 1,200 1,006
Other 953 - - 953 880
Total 32,961 - - 32,961 24,580
Other trading activities:
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - [ - - ]
Income from Interest income 1,193 - - 1,193 241
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 1,193 - - [ 1,193 ] 241
Separate material item - - - - -
of income: - - - - -
- - - - -
- - - - -
Total - - - [ - - ]
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - [ - - ]
TOTAL INCOME 102,045 - - 102,045 81,377
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14 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Other information:** **All income in the prior year was unrestricted except for: (please provide description and amounts)** **Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.** **Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.** **Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)** _**Not applicable Not applicable Not applicable Not applicable**_ 15 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** ## **Note 6 Analysis of expenditure** **----- Start of picture text -----**
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies
- - - - - - - -
Incurred seeking grants
- - - - -
Operating membership schemes and
social lotteries - - - - -
Staging fundraising events
- - - - -
Fudraising agents
- - - - -
Operating charity shops
- - - - -
Operating a trading company
undertaking non-charitable trading
activity - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating
new source of future income
- - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Administration 33,124 - - 33,124 32,685 - - 32,685
Staff costs 67,447 - - 67,447 54,747 - - 54,747
Governance
4,790 - - 4,790 5,662 - - 5,662
Depreciation 8,958 - - 8,958 9,043 - - 9,043
Total expenditure on charitable
activities 114,319 - - 114,319 102,137 - - 102,137
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure - - - - - - - -
TOTAL EXPENDITURE 114,319 - - 114,319 102,137 - - 102,137
**----- End of picture text -----**
16 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Other information:** ## **Analysis of expenditure on charitable activities** **----- Start of picture text -----**
This year Last year
Activities Grant Activities Grant
Support Total this Support Total last
Activity or programme undertaken funding of undertaken funding of
Costs year Costs year
directly activities directly activities
£ £ £ £ £ £ £ £
Running of Bristol Buddhist Centre 114,319 - - 114,319 102,137 - - 102,137
- - - - - - - -
- - - - - - - -
Total 114,319 - - 114,319 102,137 - - 102,137
**----- End of picture text -----**
17 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts** ## **Note 10 Details of certain items of expenditure** ## **10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ |**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**

**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**Last year**
**£**
**£**
- 500
- -
- -
- -| |---|---| 18 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **11.1 Staff Costs** |**This year:**
**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|**This year**
**Last year**
**£**
**£**
66,089 53,726
1,358 1,021
- -| |---|---| ||67,447 54,747| ||**_Not applicable_**| **Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year:** _**Not applicable Not applicable**_ **Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party** _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ **No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000** _**None**_ |**£60,000 to £69,999**
**£70,000 to £79,999**
**£80,000 to £89,999**
**£90,000 to £99,999**
**£100,000 to £109,999**
**Band**
**Please provide the total amount paid to key management**
**personnel (includes trustees and senior management) for their**
**services to the charity. For specific amounts paid to trustees,**
**see Note 28.**|**This year**
**Last year**
- -
- -
- -
- -
- -
**This year**
**Last year**
**£**
**£**
34,537 30,128
**Number of employees**| |---|---| 19 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 **11.2 Average head count in the year The parts of the charity in which the employees work** **----- Start of picture text -----**
This year Last year
Number Number
Fundraising - -
Charitable Activities 6 6
Governance - -
Other - -
Total 6 6
**----- End of picture text -----**
## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_ |**Please explain the nature of the**
**payment**
**Please state the legal authority or**
**reason for making the payment**|**This year**
**Last year**
**This year**
**Last year**
**_None_**
**_None_**
**_Not applicable_**
**_Not applicable_**| |---|---| |**Please state the amount of the payment (or value of any waiver of**
**a right to an asset)**|**This year**
**Last year**
**£**
**£**
- -
| |---|---| 20 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **11.4 Redundancy payments** ## _**Please complete if any redundancy or termination payment is made in the period.**_ |**The nature of the payment (cash, asset**
**etc.)**
**Total amount of payment**
**Please state the accounting policy for any redundancy or**
**termination payments**
**The extent of redundancy funding at the balance sheet date**|**This year**
**Last year**
**£**
**£**
- -
**_None_**
**_None_**
**This year**
**Last year**
**£**
**£**
- -
**_Not applicable_**
**_Not applicable_**| |---|---| 21 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ **This year Last year £ £ Amount of contributions recognised in the SOFA as an expense** 1,358 1,021 **Please explain the basis for allocating the liability and expense of** _**No allocation made No allocation made**_ **defined contribution pension scheme between activities and between restricted and unrestricted funds.** _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_ **Please confirm that although the scheme is accounted for as a defined Not applicable contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for Not applicable the reporting charity for this year and last year, if different** _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ **Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms Not applicable and conditions of the multi-employer plan. If this is different for last year, provide details Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit Not applicable has been determined. If this is different for last year, provide details** 22 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ **14.1 Cost or valuation** |**Freehold land &**
**buildings**
**Other land &**
**buildings**
**£**
**£**
At the beginning of the year
270,000 -
Additions
- -
Revaluations
- -
Disposals
- -
Transfers *
- -
At end of the year
270,000 -
****Basis**
RB
SL or RB
**** Rate**
2
At beginning of the year
21,066 -
Disposals
- -
Depreciation
4,979 -
Impairment
- -
Transfers*
- -
At end of the year
26,045 -
Net book value at the beginning of the year
248,934 -
Net book value at the end of the year
243,955 -
**14.4 Impairment**
**_This year: Please provide a description of the events and circumstances that_**
**_led to the recognition or reversal of an impairment loss._**
**_Last year: Please provide a description of the events and circumstances that_**
**_led to the recognition or reversal of an impairment loss._**
**14.3 Net book value**
**14.2 Depreciation and impairments**|**Freehold land &**
**buildings**
**Other land &**
**buildings**
**£**
**£**
270,000 -
- -
- -
- -
- -|**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures, fittings**
**and equipment**
**Total**
**£**
**£**
**£**
- 71,680 341,680
- - -
- - -
- - -
- - -| |---|---|---| ||270,000 -|- 71,680 341,680| |||SL or RB
Mixed
Mixed
- 32,542 53,608
- - -
- 3,979 8,958
- - -
- - -| ||26,045 -|- 36,521 62,566| |||| ||248,934 -
243,955 -|- 39,138 288,072
- 35,159 279,114| |||**_Not applicable_**
**_Not applicable_**| 23 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 **----- Start of picture text -----**
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide: This year Last year
None None
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had the assets been - -
carried under the cost model.
14.6 Other disclosures
This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of - -
tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the acquisition of tangible - -
fixed assets.
(iii) Details of the existence and carrying amounts of property, plant and
equipment to which the charity has restricted title or that are pledged as
security for liabilities.
**----- End of picture text -----**
_* The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ 24 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ **19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors** **----- Start of picture text -----**
This year Last year
£ £
- -
143 190
4,211 8,739
4,354 8,929
**----- End of picture text -----**
**Total** ## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**Prepayments and accrued income**
**Other debtors**
**Total**
**Trade debtors**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -| |---|---| ||- -| 25 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** **Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors** **----- Start of picture text -----**
Amounts falling due within Amounts falling due after
one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
- - - -
704 1,093 - -
- - - -
1,125 447 - -
774 1,294 - -
1,518 1,412 - -
Total 4,121 4,246 - -
**----- End of picture text -----**
## **20.2 Deferred income** _**Please complete this note if the charity has deferred income.**_ |**_Please explain the reasons why income is deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
|
**This year**
**_None_**|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-
**Last year**
**_None_**| |---|---|---| |||-
-| 26 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** **Note 24 Cash at bank and in hand** **Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total** **----- Start of picture text -----**
This year Last year
£ £
- -
- -
72,852 71,719
- -
72,852 71,719
**----- End of picture text -----**
27 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
Type balances balances
PE, EE
Purpose and Restrictions brought Gains and carried
R or UR
* forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
General funds UR General charitable activities 364,474 102,045 - 114,319 - - 352,200
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 364,474 102,045 - 114,319 - - 352,200
**----- End of picture text -----**
28 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
Type PE, balances balances
EE R or Purpose and Restrictions brought Gains and carried
UR * forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
General funds UR General charitable activities 385,234 81,171 - 102,137 - - 364,268
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 385,234 81,171 - 102,137 - - 364,268
**----- End of picture text -----**
29 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Section C Notes to the accounts (cont)** ## **Note 28 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **28.1 Trustee remuneration and benefits** ## **This year** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** **FALSE** _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ |Employment Contract
Employment Contract
Francis Self
Mark Hewitson
**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
22,781 827
360**23,968**
11,756 166
541**12,463**
**Amounts paid or benefit value**| |---|---| _**Please give details of why remuneration or other employment benefits were paid.**_ _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ **The Charity pays living allowances to those involved in the running of the Centre and these payments are treated as remuneration. Furthermore, the Charity's rules allows for the cost of retreats to enable support staff to develop their Buddhist practice.** **None** ## **Last year** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** **FALSE** _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ |Employment Contract
Employment Contract
Francis Self
Mark Hewitson
**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
20,986 737 - 190**21,913**
9,142 22 - 553**9,717**
**Amounts paid or benefit value**| |---|---| _**Please give details of why remuneration or other employment benefits were paid.**_ **The Charity pays living allowances to those involved in the running of the Centre and these payments are treated as remuneration. Furthermore, the Charity's rules allows for the cost of retreats to enable support staff to develop their Buddhist practice.** _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ **None** 30 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ **----- Start of picture text -----**
No trustee expenses have been incurred (True or False) FALSE
This year Last year
Type of expenses reimbursed
£ £
Travel - -
Subsistence - -
Accommodation - -
Other (please specify): Retreat allowance 360 210
- -
TOTAL 360 210
Please provide the number of trustees reimbursed for expenses or who 1 1
had expenses paid by the charity
**----- End of picture text -----**
## **28.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ ## **This year** |**There have been no related party transactions in the reporting**|**There have been no related party transactions in the reporting**|**There have been no related party transactions in the reporting**|**There have been no related party transactions in the reporting**|**period (True**|**or False)**|**or False)**|||**_TRUE_**|**_TRUE_**| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| |||||||||||**Amounts**| |**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**||**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**at period end**|||**written off**
**during**
**reporting**
| |||||||||||**period**| |||||**£**||**£**|**£**|||**£**| |||||||||||| |||||||||||| |||||||||||| |||||||||||| _**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_ _**For any related party, please provide details of any guarantees given or received.**_ 31 of 32 Triratna Buddhist Community in Bristol Year Ended 31 December 2022 ## **Last year** **----- Start of picture text -----**
There have been no related party transactions in the reporting period (True or False) TRUE
Amounts
written off
Name of the trustee Relationship Description of the Balance at Provision for bad debts
Amount during
or related party to charity transaction(s) period end at period end
reporting
period
£ £ £ £
**----- End of picture text -----**
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_ _**For any related party, please provide details of any guarantees given or received.**_ 32 of 32