## ## |Trustees||SWood|||| |---|---|---|---|---|---| |||TBlanch|||| |||ALacey|||| |||AGoraya|||| |||H Higginson|||| |||P Sutherland||(Appointed|20 July 2022)| |||P Stevenson||(Appointed|26 March 2023)| |||A Rodogovsky||(Appointed|26 March 2023)| |||SAlyce||(Appointed|26 March 2023)| |Secretary||TBlanch|||| |Charity number||900339|||| |Company|number|02459323|||| |Principal address||Gaia House|||| |||West Ogwell|||| |||Newton Abbot|||| |||Devon|||| |||TQ12 6EW|||| |Registered|oNce|Gaia House|||| |||West Ogwell|||| |||Newton Abbot|||| |||Devon|||| |||TQ12 6EW|||| |Auditor||Rupp & Fraser|||| |||Chartered
Accountants||and Statutory Auditor|| |||7St Paul's Road|||| |||Newton Abbot|||| |||Devon|||| |||TQ12 2HP|||| |Bankers||HSBC Newton|Abbot||| |||42 Courtenay|Street||| |||Newton Abbot|||| |||Devon|||| |||TQ122EB|||| |Solicitors||Tozere|||| |||Broadwalk
House|||| |||Southernhay|West||| |||Exeter|||| |||Devon|||| |||EX1 1UA|||| ## |||Page| |---|---|---| |Trustees' report||1-9| |Statement of trustees'|responsibilities|10| |Independent
auditor's|report|11-12| |Statement offinancial|activities|13| |Balance sheet||14-15| |Statement ofcash flows||| |Notes tothe financial|statements|17-30| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The trustees,|who are also the directors for the|who are also the directors for the|purpose
ofcompany
law, and who served during the year and up to|purpose
ofcompany
law, and who served during the year and up to| |---|---|---|---|---| |the date ofsignature||ofthe financial statements|were:|| |K Malleson|||(Resigned|26 March 2023)| |SWood||||| |T Blanch||||| |A Lacey||||| |A Goraya||||| |H Higginson
I/ Brett|||(Appointed|4 Apriil 2022 and resigned 31 May 2023)| |P Sutherland|||(Appointed|20 July 2022)| |P Stevenson|||(Appointed|26 March 2023)| |A Rodogovsky|||(Appointed|26 March 2023)| |SAlyce
SBrand|||(Appointed
(Appointed|26 March 2023)
28 July 2022 and resigned 26 March 2023)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||2022|2022|2022|2021|2021|2021| |||Notes|6|8|8|8|8|8| |Iftggfgafmm||||||||| |Donations
and||||||||| |legacies|||191,660|41,442|233,102|231,724|46,514|278,238| |Charitable
activities|||508,833|1,793|510,626|297,828|330|298,158| |Investments|||7,399||7,399|5,134||5,134| |Total income|||707,892|43,235|751,127|534,686|46,844|581,530| |Rmagd3igfgJID'
Charitable
activities|||757,753|47,705|805,458|566,268|15,763|582,031| |Other||||||(3)||(3)| |Total expenditure|||757,753|47,705|805,458|566,265|15763|582 028| |Net gains/(losses)
investments||on
12|(28,181)||(28,181)|24,683||24,683| |Net (outgoing)/incoming||||||||| |resources before||||||||| |transfers|||(78,042)|(4,470)|(82,512)|(6,896)|31,081|24,185| |Gross transfers||||||||| |between
funds|||139,792|(139,792)||94,946|(94,946)|| |Net movement|in|funds|61,750|(144,262)|(82,512)|88,050|(63,865)|24,185| |Fund balances at 1 January
2022|||1,120,033|216,545|1,336,578|1,031,983|280,410|1,312,393| |Fund balances|at|31||||||| |December 2022|||1,181,783|72,283|1,254,066|1,120,033|216,545|1,336,578| ## ## ## |||||Notes|2022
f||2021
f|| |---|---|---|---|---|---|---|---|---| |Fixed assets||||||||| |Tangible assets||||14||967,958||792,864| |Investments||||15||184,276||206,540| |||||||1,152,234||999,404| |Current assets||||||||| |Debtors||||16|33,854||40,748|| |Cash at bank and||in|hand||278,555||435,424|| ||||||312,409||476,172|| |Creditors:
one year|amounts||falling due within|18|(201,126)||(129,831)|| |Net current|assets|||||111,283||346,341| |Total assets less||current liabilities||||1,263,517||1,345,745| |Creditors:
more than|amounts
one year||falling due after|19||(9,451)||(9,167)| |Net assets||||||1,254,066||1,336,578| |Income funds||||||||| |Restricted|funds|||20||72,283||216,545| |Unrestricted|funds|-|eneral|||||| |Designated|funds|||21|1,181,783||1,120,033|| |||||||1,181,783||1,120,033| |||||||1,254,066||1,336,578| ## ## ## ## ||||2022||2021|| |---|---|---|---|---|---|---| |||Notes|6||6|| |Cash flows from operating|activities|||||| |Cash generated
from operations||26||48,111||115,047| |Investing
activities||||||| |Purchase oftangible fixed assets|||(206,746)||(308,485)|| |Purchase ofinvestments|||(5,917)||(188,404)|| |Proceeds from disposal of|investments||||184,145|| |Investment
income received|||7,399||5,134|| |Net cash used in investing|activities|||(205,264)||(307,610)| |Financing
activities||||||| |Repayment
of borrowings|||284||202|| |Net cash generated
from financing
activities||||284||202| |Net decrease
in cash and|cash equivalents|||(156,869)||(192,361)| |Cash and cash equivalents|at beginning|ofyear||435,424||627,785| |Cash and cash equivalents|at end of|year||278,555||435,424| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||2022|2021| |---|---|---|---| |||6|6| |Retreat income - personal|and online|104,346|144,326| |Retreat income - groups
Booksales||400,486|152,151
29| |Dharma talks||60|151| |Administration
fee income||4,413|1,104| |Miscellaneous
income||1,321|397| |||510,626|298,158| |Analysis
by fund
Unrestricted
funds - general
Restricted funds||508,833
1,793|297,828
330| |||510,626|298,158| |||Unrestricted|Unrestricted| |---|---|---|---| |||funds|funds| |||general|general| |||2022|2021| |||f|6| |Income|from listed investments|5,916|4,260| |Interest|receivable|1,483|874| |||7399|5 134| ## ## ## ||||2022|2021| |---|---|---|---|---| |||||6| |Staff costs|||417,595|378,131| |Rates, water, insurance||&light and heat|62,732|41,893| |Food costs|||69,599|30,361| |Kitchen costs|||6,332|2,694| |Household
costs|||22,451|9,371| |Garden costs|||11,720|3,141| |General maintenance|costs||48,287|22,155| |Direct and offsite retreat||costs|2,622|510| |Coordinator costs|||3,802|5,358| |Teacher costs|||10,112|3,843| |IT8 oflice costs|||15,399|12,856| |Travel and vehicle costs|||15,546|3,052| |Publicity,
newsletter|and|communications|5,793|6,499| |Book &library costs||||203| |Other charitable
expenditure|||5,334|640| ||||697,324|520,707| |Grant funding ofactivities (see note 7)|||43,040|15,763| |Share ofsupport costs (see note 8)
Share ofgovernance
costs (see note 8)|||56,154
8,940|34,843
10,718| ||||805,458|582,031| |Analysis
by fund
Unrestricted
funds -|general||757753|566268| |Restricted funds|||47,705|15,763| ||||805,458|582,031| |Grants payable||||| ||||2022|2021| |||||6| |Grants to institutions:||||| |Grants to individuals|||43,040|15,763| ||||43,040|15,763| ## ## |Support costs|Support
costs
f|Governance
costs
f|2022|Suppok
COStS
f.|Governance
COSts
f|2021
f| |---|---|---|---|---|---|---| |Depreciation|31,651||31,651|19,372||19,372| |Legal and professional
fees|572||572|450||450| |Telephone
Trustee insurance|3,976||3,976|3,751
437||3,751
437| |Trustee training|50||50|||| |Bank and credit card
charges|19,905||19,905|10,833||10,833| |Governance
books etc||780|780||659|659| |Accountancy fees
Audit fees||8,160|8,160||1,530
8,180|1,530
8,180| |Cost oftrustees'
meetings|||||349|349| ||56,154|8,940|65,094|34,843|10,718|45,561| |Analysed
between
Charitable
activities|56,154|8,940|65,094|34,843|10,718|45,561| ## ## |The average
monthly
number ofemployees
during th|e year was:|| |---|---|---| ||2022|2021| ||Number|Number| |Director||| |Administrator||| |Finance||| |IT&Communication||| |Building||| |Staff support teacher||| |Retreat operations||| |Coordlnators||| |Total|27|25| ## ## |10|Employees|||||(Continued)| |---|---|---|---|---|---|---| ||Employment
costs||||2022|2021| |||||||8| ||Wages and salaries||||400,774|361,143| ||Other pension costs||||16,821|16,776| ||||||417,595|377,919| ||There were no employees|whose annual|remuneration|was more than 260,000,||| |11|Other|||||| ||||||Total|Unrestricted| |||||||funds| |||||||general| |||||||2021| |||||||8| ||Net loss on disposal of tangible fixed assets|||||(3)| |||||||(3)| ## ## |Net gains/(|toss|es)
on investments||| |---|---|---|---|---| ||||Unrestricted
Unrestricted|| ||||funds|funds| ||||general|general| ||||2022|2021| ||||f|6| |Revaluation|of|investments|(28,181)|18,137| |Gain/(loss)|on|sale of investments||6,546| ||||(28,181)|24,683| ## ## ## |14|Tangible fixed assets||Freehold land|Plant and Motor|vehicles|Total| |---|---|---|---|---|---|---| ||||and buildings|equipment||| ||||6|6||| ||Cost
At 1 January 2022
Additions||807,499
161,311|258,666
42,927|10,015
2,508|1,076,180
206,746| ||Disposals|||(1,164)||(1,164)| ||At 31 December 2022||968,810|300,429|12,523|1,281,762| ||Depreciation
and impairment
At 1 January 2022
Depreciation
charged
in the year
Eliminated
in respect ofdisposals||90,234
10,599|183,068
20,947
(1,164)|10,016
104|283,318
31,650
(1,164)| ||At 31 December 2022||100,833|202,851|10,120|313,804| ||Carrying
amount
At 31December 2022||867,977|97,578|2,403|957,958| ||At 31 December 2021||717,265|75,599||792,864| ## ## |Fixed asset investments|| |---|---| ||Listed| ||mvestments| |Cost or valuation|| |At 1 January 2022
Additions|206,540
5,917| |Valuation changes|(28,181)| |At 31December 2022|184,276| |Carrying
amount
At 31 December 2022|184,276| |At 31 December 2021|206,540| ## ## |16|Debtors||||| |---|---|---|---|---|---| |||||2022|2021| ||Amounts|falling due within one year:||6|| ||Other debtors|||15,188|18,573| ||Prepayments||and accrued income|18,666|22,175| |||||33,854|40,748| |17|Loans and overdrafts||||| |||||2022|2021| |||||6|6| ||Other loans|||9,451|9,167| ||Payable|aRer|one year|9,451|9,167| ## |Creditors: amounts|falling due within one year||| |---|---|---|---| |||2022|2021| |||6|6| |Other taxation and social security||5,843|6,204| |Payments
received on account
Trade creditors||123,905
37,879|60,285
25,453| |Other creditors||15,594|16,555| |Accruals and deferred|income|17,905|21,334| |||201,126|129,831| |19|Creditors:|amounts|falling|due|after|more|than|one|year||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2022
2|2021f| ||Borrowings|||||||||9,451|9,167| ||||||N
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NN| ## ## |22|Analysis ofnet assets|between funds|||||| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|Total Unrestricted||Restricted|Total| |||funds|funds||funds|funds|| |||2022
8|2022
8|2022
6|2021
f|2021
8|2021| ||Fund balances at 31||||||| ||December 2022 are||||||| ||represented
by:
Tangible assets|967,958||967,958|792,864||792,864| ||Investments|184,276||184.276|206,540||206,540| ||Current assets/(liabilities)|39,006|72,283|111,283|129,796|218,545|346,341| ||Long term liabilities|(9,451)||(9,451)|(9,167)||(9,167)| |||'I,181,783|72,283|1,254,066|1,120,033|216,545|1,336,578| ## ## ## ## |purpose. The Trustees consider this to b|e un|likely
an|d,|as s|uch, do not feel that a pro|vision
is neces|sary.| |---|---|---|---|---|---|---|---| |Capital commitments||||||2022
6|2021
8| |At 31December 2022 the charity had capital||commitments|||as follows:||| |Contracted
for but not provided
in the financial statements:|||||||| |Acquisition
of property,
plant and equipment|||||||24,290| |Related party transactions|||||||| |There were no disclosable
related parly|transactions||during||the year (2021 - none).||| |Cash generated
from operations||||||2022|2021| |||||||8|6| |(Deficit)/surpus
for the year||||||(82,512)|24,185| |Adjustments
for:|||||||| |Investment
income recognised
in statement||offinancial||activities||(7,399)|(5,134)| |Gain on disposal oftangible fixed assets|||||||(3)| |Gain on disposal ofinvestments|||||||(6,546)| |Fair value gains and losses on investments||||||28,181|(18,137)| |Depreciation
and impairment
oftangible|fixed assets|||||31,652|19,372| |Movements
in working capital:|||||||| |Decrease
in debtors||||||6,894|26,029| |Increase
in creditors||||||71,295|75,281| |Cash generated
from operations||||||48,111|115,047| ## ## |27|Analysis ofchanges|in net funds|||| |---|---|---|---|---|---| ||||At 1January|Cash flows|At 31 Oeoemher| ||||2S22||2a22| |||||8|6| ||Cash at bank and in hand||435,424|(156,869)|278,555| ||Loans falling due after more than one year||(9,167)|(284)|(9,451)| ||||426457|(157,153)|269,104| ##