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2024-03-31-annual-report

Samatha Meditation Trust Ireland: Charity No. 109155

Annual Board of Trustee’s Report: 2023-24

Trustee board for 2023-24 was made up of the following Trustee’s:

Mr Dermot Murphy Mr Fergus Gordon Dr Noel Hamill Ms Claire Burns Mr Neal Greig Mr Iain Foster Ms Eileen Murphy

The Board of Trustee’s met four times during the year to oversee the activities of the charity.

Charitable purposes for 2023-24

The Samatha Meditation Trust, Ireland is established for the advancement of Samatha Buddhist Meditation practice within the Theravada tradition and the teachings of Theravada Buddhism, for the benefit of people in Northern Ireland, the Republic of Ireland and beyond. This purpose will benefit both the health and education of people by advancing their mental health, emotional contentment and well being, preventing and relieving mental ill health and human suffering.

Public benefits for 2023-24

Samatha means calm. Samatha meditation is a gentle and effective way of training the mind to develop inner strength and freedom from restlessness, leading on to clarity and understanding. The benefit flowing from the charity’s purposes include improved health outcomes, reduced levels of stress and anxiety by acquiring skills in meditation practice

These benefits are achieved as a result of people acquiring skills in meditation practice. The meditation technique of Samatha is based on mindfulness of the breath. Meditation is a practical way of increasing self awareness and helps people to make the most of their daily lives. There is no potential harm flowing from the purpose of the trust. People in Northern Ireland, the Republic of Ireland and beyond There is no private benefit arising from the purpose of the trust.

Charitable Activities 2023-24

To deliver the purpose of the Samatha Meditation Trust, Ireland, the trust established local Samatha meditation groups in Belfast, Newry and Monaghan. An online group was also established. A residential meditation retreat was delivered. On going support and training was provided to Samatha Teachers based in Northern & Southern Ireland

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Annual Accounts 2023-24

Statement of Receipts & Payments Year End 31[st] March 2024

Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
Total
2023
Receipts
VoluntaryReceipts
Donations 641.92 - 641.92 -
Gift Aid - - -
Grants - - -
Fundraising - - -
Bank Interest - - -
Charitable Activities
Winter Retreat 2,590 - 2,590
SpringRetreat(1) 260
Total Receipts 3,491.92
Payments
Winter Retreat 2,195 2,195
BankingFees 31.78 31,78
Cost of Fundraising - -
Total Payments 2,226.78
Net Receipts 1,265.14
Surplus/(Deficit) for
the year
1,265.14
Reconciliation
31.3.24
Cash at bank & in
hand 31.3.24
2,888.09 2,88.09
Surplus/(Deficit) this
yearend
1,236.72
Cash at bank & in
hand 31.3.23
1,651.37

Notes:

1.Spring Retreat held in April 2024. £260 income received in March 2024

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Statement of assets and liabilities – Year Ended 31[st] March 2024

Cash in Bank & in hand 31[st] March 2024: £2,888.09

There were no other assets or liabilities

Approved by the trustees on 23[rd] January 2025 and signed on their behalf by

Dermot Murphy Iain Foster Chairperson Treasurer

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