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2025-03-31-accounts

APPENDIX 1

OSC r

Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period
Period start date Period end date
Day Month Year Day Month Year
From 01 04 2024 To 31 03 2025

Office of the Scottish Charity Regulator

Reference and administration details

Charity name Cloud Water Zen Other names charity is known by Registered charity number SC046443 Charity’s principal address

Names of the charity trustees on date of approval of Trustees’ Annual Report

----- Start of picture text -----
Name of person
Dates acted if
Trustee name Office (if any) (or body) entitled to
not for whole year
appoint trustee (if any)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
----- End of picture text -----

1

APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name Name Dates acted if not for whole year
Structure, governance and management
Type of governing document
Trustee recruitment and appointment
Constitution
As per Constitution
Objectives and activities
Charitable purposes
Summary of the main activities
in relation to these objects
B - the advancement of education
C - the advancement of religion
I - the provision of recreational facilities, or the organisation of
recreational activities, with the object of improving the conditions of life for
the persons for whom the facilities or activities are primarily intended
Weekly meetings for meditation.
Periodic sessions advertised to the public: ‘Introduction to Zen Buddhism
and mindfulness practice’.
Short evening courses exploring different aspects of Zen Buddhist
teaching and practice
Weekend and day-long meetings for longer periods of meditation and
personal interviews with the Spiritual Leader.
Longer meditation retreats held over a period between 2-7 days
Regular mindfulness meditation courses

2

APPENDIX 1

Achievements and performance

Summary of the main achievements of
the charity during the financial period		 Continuation of the activities noted in the Summary (above)
Consolidation and development of our own city centre premises.
We have continued to offer a series of Mindfulness meditation and yoga
courses, aimed at offering people on low income and asylum
seekers/refugees the opportunity to participate in these activities
Expanding range of activities we offer to include an expanded programme
of introductory courses to Buddhist meditation as well as additional
opportunities for more detailed advice and support for people wishing to
try out Zen Buddhist practice
Adding a third longer meditation events to our range of activities including
residential meditation retreats
Participation in Glasgow Doors Open Weekend September 2024
Continuing membership of the Poverty Alliance, supporting their work to
alleviate poverty in Scotland
Continuing to fundraise for, and investigate into, the purchase of a retreat
centre, with a range of fundraising activities taking place to date
Financial review
Brief statement of the charity’s policy
on reserves
Details of any deficit
Donated facilities and services (if any)
The charity’s policy on reserves is to cover any potential liabilities that
may arise; including the property lease such as rent shortfall,
redecoration costs and costs to put right the property once the charity has
left the property. We endeavour to ensure sufficient reserves are held in
order to enable us to meet all costs associated with the terms of our
lease. These reserves have remained very healthy during the past
financial year
N/A
We offer free participation in any of our events for any person unable to
offer any kind of financial contribution or donation and a number of people
have participated in this way

3

APPENDIX 1

Other optional information

Declaration

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s) Position (e.g. Chair) Date

APPENDIX 1 Other optional information Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name(s) Position (e.g. Chair) Date E[Ii/as ÉlILILf

Enter SC No. below SC046443

Cloud Water Zen

sacral

sacral SC046443
Receipts andpayments accounts
For the period
from
Period start date
Period end date
to
01
April
2024
Day
Month
Year
Day
Month
Year
31
March
2025
~~=======~~
Section A Statement of receipts and payments
Unrestricted
funds		 Restricted
funds		 Expendable
endowment
funds		 Permanent
endowment
funds		 Total funds
current period		 Total funds last
period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Donations 69,574 69 69 69,574 42,163
Legacies - - -
Grants 8,025 8 8 8,025 6,675
Receipts from fundraisingactivities - - -
Gross tradingreceipts - - -
Income from investments other than
land and buildings - - -
Rents from land & buildings - - -
Gross receipts from other charitable
activities - - -
- - -
A1 Sub total A1 Sub total 77,599 - - - - - - - - - - - 77,599 77,599 77,599 48,838
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets
Proceeds from sale of investments
A2 Sub total -
-
-
Total receipts 77,599
-
-
~~——~~		 -
-		 -
-		 -
-		 -
-
-
77,599		 -
-
-
77,599		 -
-
-
77,599		 -
48,838
A3 Payments
Expenses for fundraising activities - - -
Gross trading payments - - -
Investment management costs - - -
Payments relating directly to charitable Payments relating directly to charitable
activities 27,621 27 27 27,621 22,944
Grants and donations
- - -
Governance costs:
- - -
Audit / independent examination - - -
Preparation of annual accounts - - -
Legal costs - - -
Other Other Other
- - -
- - -
**A3 Sub total ** 27,621 - - - - - - - - - - - 27,621 27,621 27,621 22,944
A4 Payments relating to asset and
investment movements
Purchases of fixed assets
-
Purchase of investments
-
A4 Sub total -
-
-
-
-
-
Total payments 27,621
-
-
-
27,621
22,944
~~————————~~
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year		 49,977
-
-
-
49,977
25,894
-
49,977
-
-
-
49,977
25,894
~~=SSS5=~~

APPENDIX 2

SC046443

Section B Statement of balances

Categories
Signed by one or two trustees
on behalf of all the trustees
B3 Other assets
B5 Contingent liabilities
B4 Liabilities
B1 Cash funds
B2 Investments		 Details Unrestricted
funds
to nearest £
79,801
49,977		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Cash and bank balances at start of year 79,801 53,907
Surplus / (deficit) shown on receipts and
payments account		 49,977 25,894
-
-
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details		 129,778 - - - 129,778 79,801
0 -
-
Fund to which
-
asset belongs		 0 - 0
Market valuation
to nearest £		 Last year
to nearest £
Details Fund to which asset belongs Total
Cost (if available)
to nearest £		 -
-
Current value (if
available)
to nearest £		 Last year
to nearest £
Details Total
Fund to which l		 -
-
-
iability relates Amount due
to nearest £		 Last year
to nearest £
Details Fund to which l Total
iability relates		 - -
Amount due
(estimate)
to nearest £		 Last year
to nearest £
Signature Print Name Total -
-
Date of
approval

2025 OSCR Financial Accounts_20250914 / Statement of balances

2

December 2007

APPENDIX 2

SC046443

Section C Notes to the Accounts

C3a Trustee remuneration
C4a Trustee expenses
C4b Trustee expenses -
details
C5 Transactions with trustees
and connected persons
C3b Trustee remuneration -
details
C1 Nature and purpose of
funds(may be stated on
analysis of funds worksheets)
C2 Grants		 N/A N/A N/A
Type of activity or project supported
N/A		 Individual /
institution		 Number of grants
made
£
Total -
If no remuneration was paid during the period to any charity trustee or person connected to a
trustee cross this box (otherwise complete section 3b)
Authority under which paid £
Payments to
for qualified Zen Buddhist teacher services (to organise, facilitate
and lead meditation sessions, courses and retreats and to provide instruction to individuals
who participate in CWZ).		 4,550
If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)		 this box
Nature of transaction Number of
trustees		 £
Nature of relationship

N/A		 Transaction
amount (£)		 Balance
outstanding at
period end (£)

N/A

C6 Other information

2025 OSCR Financial Accounts_20250914 / Notes

3

December 2007

APPENDIX 2

SC046443

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations 1 Donations
Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Including£2,548 HMRC Gift Aid receipt 77,599 77,599 42,163
2548.33 -
-
-
Total
2 Grants		 77,599 - - - 77,599 42,163
reference
Unrestricted
funds
to nearest £		 -
Restricted funds
to nearest £		 - - reference
Total current
period
to nearest £		 -
Total last period
to nearest £
GCVS 8,025 8,025 6,675
-
-
-
Total
3 Gross receipts from other charitable activities		 8,025 - 8,025 6,675
-
Unrestricted
funds
to nearest £
 -
Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 -
Total current
period
to nearest £		 -
Total last period
to nearest £
-
-
-
-
-
-
-
-
Total - - - - - -
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
27,621 27,621









22,944
-
-
-
-
-
-
-
-
-
-
Total 27,621 - - - 27,621 22,944
- - - - - reference error

2025 OSCR Financial Accounts_20250914Additional notes (1)

December 2007

APPENDIX 2

SC046443

Additional analysis (2)

Additional analysis (2)
Receipts
5 Breakdown of unrestricted funds		 Unrestricted
fund 1 - enter
name of fund
below		 Unrestricted
fund 2 - enter
name of fund
below		 Unrestricted
fund 3 - enter
name of fund
below		 Unrestricted
fund 4 - enter
name of fund
below		 Total
unrestricted
funds		 Total
unrestricted
funds last period
Donations 69,574 69,574 42,163
Legacies -
Grants -
Receipts from fundraisingactivities 8,025 8,025 6,675
Gross tradingreceipts -
buildings -
Rents from land & buildings -
Gross receipts from other charitable activities -
Sub total
Receipts from asset & investment sales		 77,599 - - - 77,599 48,838
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments		 - - - - - -
77,599 - - - 77,599 48,838
-
Expenses for fundraisingactivities - -
Gross trading payments -
Investment management costs -
Payments relatingdirectlyto charitable activities 27,621 27,621 22,944
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements		 27,621 - - - 27,621 22,944
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year		 - - - - - -
-
27,621 - - - 27,621 22,944
-
49,977 - - - 49,977 25,894
-
49,977 - - - 49,977 25,894
-
Nature and purpose of funds

2025 OSCR Financial Accounts_20250914Additional notes (2)

December 2007

APPENDIX 2

SC046443

Additional analysis (3)

Additional analysis (3) - SC046443
Receipts
6 Breakdown of restricted funds		 Restricted fund
1 - enter name of
fund below		 Restricted fund
2 - enter name of
fund below		 Restricted fund
3 - enter name of
fund below		 Restricted fund
4 - enter name of
fund below		 Total restricted
funds		 Total restricted
funds last
period
Donations -
Legacies -
Grants -
Receipts from fundraisingactivities -
Gross tradingreceipts -
Income from investments other than land and
buildings		 -
Rents from land & buildings -
Gross receipts from other charitable activities -
Sub total
Receipts from asset & investment sales		 - - - - - -
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments		 - - - - - -
- - - - - -
-
Expenses for fundraising activities -
Gross trading payments -
Investment management costs -
Payments relating directly to charitable activities -
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements		 - - - - - -
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year		 - - - - - -
-
- - - - - -
-
- - - - - -
-
- - - - - -
-
Nature andpurpose of funds

2025 OSCR Financial Accounts_20250914Additional notes (3)

December 2007

Fe

7APPENDIX 3

OSC r

Office of the Scottish Charity Regulator

’ Independent examiner s report on the accounts V2

Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2
Report to the
trustees/members of
Registered charity
number
On the accounts of the
charity for the period
Set out on pages
Respective
responsibilities of
trustees and examiner
Basis of independent
examiner’s statement
Independent examiner’s
statement
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:		 Cloud Water Zen
SC046443
Period start date Period end date
Day Month Year Day Month Year

01		 04 2024 to
31		 03 2025
1 & 2 (remember to include the page
numbers of additional sheets)
The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006. The charity 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.
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 accounts.
In the course of my examination, no matter has come to my attention [other than that
disclosed on the attached page*]
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
2. to which, in my opinion, attention should be drawn in order to enable a proper
e accounts to be reached.
Date: 24-Sep-25
Institute of Chartered Accountants of Scotland (ICAS)

*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.

APPENDIX 3 Disclosure section Only complete if the examiner needs to highlight material proble￿￿. Give here brief details of any items that the examiner wishes to disclose N/A