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Registered Number: 10626110
England and Wales

 

 

 

BUDDHA FOUNDATION


Unaudited Filleted Financial Statements
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
  2024   2023
    £ £   £ £
Current assets 2,008      1,888   
Creditors: amount falling due within one year (178)     (165)  
Net current assets   1,830      1,723 
Total assets less current liabilities   1,830      1,723 
Net assets   1,830      1,723 
 

         
Capital and reserves   1,830      1,723 
 
NOTES TO THE ACCOUNTS

General Information
Buddha Foundation is a private company, limited by guarantee, registered in England and Wales, registration number 10626110, registration address 161 Okehampton Crescent, Welling, Kent, DA16 1DH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises donations and sponsorship received.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).

3.

Company Limited by Guarantee

The company is limited by guarantee and therefore has no shares.

For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 21 November 2024 and were signed on its behalf by:


--------------------------------
Deepak Kumar Shrestha
Director
1