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2025-03-31-accounts

AKONG RINPOCHE FOUNDATION

Annual Report and Accounts for the Year Ended 31[st] March 2025

Akong Rinpoche Foundation Annual Report and Accounts for the Year Ended 31[st] March 2025

Trustees Annual Report

Trustees and Administration Details

Akong Rinpoche Foundation (formally known as Green Tara Scotland) was established as an unincorporated association and recognised as a charity in Scotland (No. SC038576) in August 2007. In December 2015 it changed its legal form to a Scottish Charitable Incorporated Organisation (SCIO) and is governed by its constitution.

The structure of the organisation consists of the Charity Trustees who are also the organisation’s only members and comprise the organisation’s Board. The current trustees, and those who served in the year, are

The Board appoints the trustees at any time and as it sees fit. At each AGM, all the trustees must retire from office - but may then be re-elected.

The principal address and the office of the charity is

The Objects of the Charity

The organisation’s objectives are to promote the social and economic development of disadvantaged peoples across the geographic Himalayan region. Its objects, as stated in the constitution, are:

Review of Activities

The charity remained dormant throughout the year.

Financial Review

Cash funds stood at £2,335 at the year end, of which £2,288 were funds for work in India. It’s the trustees’ policy to maintain a sufficient level of unrestricted funds to cover administration costs, which remain low. These funds at the end of the year stood at £47, which are insufficient and the trustees are considering how this can be rectified.

Approved by the trustees on 19 November 2025and signed on their behalf

Trustee

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Independent Examiner’s Report to the Trustees of Akong Rinpoche Foundation

I report on the accounts of the charity for the year ended 31[st] March 2025.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.

The trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

• to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 27/11/2025

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Akong Rinpoche Foundation Receipts and Payments Account for the Year Ended 31[st] March 2025

Restricted Unrestricted Total Total
funds funds 2024/25 2023/24
£ £ £ £
Receipts
Donations - - - -
Bank interest - 5 5 5
-------- -------- -------- --------
Total receipts - 5 5 5
Payments
Bank charges - 60 60 60
Insurance - 112 112 105
-------- -------- -------- --------
Total payments - 172 172 165
Surplus/(deficit) for year - (167) (167) (160)
Cash funds brought forward 2,288 214 2,502 2,662
Cash funds carried forward 2,288 47 2,335 2,502
===== ===== ===== =====

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Akong Rinpoche Foundation Statement of Balances as at 31[st] March 2025

Bank and cash on hand

31/3/25 31/3/25 31/3/24
£ £
Opening balances 2,502 2,662
Surplus / (deficit) for year (167) (160)
Closing balances 2,335 2,502
estricted Funds
Balances Balances
1/4/24 Receipts Payments 31/3/25
£ £ £ £
India Fund 2,288 - - 2,288

Restricted Funds

The charity had only one restricted fund in the year - the India fund made up of donations received to support a school in Dehradun, India.

Assets and liabilities

At the year end the charity’s assets comprised of the cash held in the bank and it had no liabilities.

Trustees

The trustees did not receive any remuneration or expenses during this or the previous year.

Approved by the trustees on 19 November 2025 and signed on their behalf:

Trustee

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