Heruka Kadampa Meditation Centre
THE OBJECTS OF THE CHARITY ARE TO PROMOTE THE BUDDHIST FAITH UNDER THE SPIRITUAL GUIDANCE OF THE ELECTED GENERAL SPIRITUAL DIRECTOR OF THE NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION (NKT-IKBU) PRINCIPALLY THROUGH ACTIVITIES OF TEACHING, STUDY, PRACTICE AND THE OBSERVANCE OF MORAL DISCIPLINE ALL WITHIN THE MAHAYANA BUDDHIST TRADITION OF ATISHA AND JE TSONGKHAPA ...
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £83,237 for the year ended 31 December 2024, with total incoming resources of £311,678. The trustees consider that free reserves should be retained to cover up to two months of overhead expenditure. The preparation of the accounts is explicitly dependant on the ongoing support of the bank.
What the accounts disclose
“The Trustees consider that the level of free reserves should be retained in liquid funds equivalent to cover up to two months overhead expenditure.” — page 5
“These accounts have been prepared on a going concern basis, dependant on the ongoing support of the bank.” — page 10
Trustees
- David Reed
- Douglas Robb
- Michael O'Shea
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £366k | £273k |
| 31/12/2024 | £312k | £228k |
| 31/12/2023 | £285k | £233k |
| 31/12/2022 | £300k | £204k |
| 31/12/2021 | £337k | £218k |
Common questions
Is Heruka Kadampa Meditation Centre financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £83,237 for the year ended 31 December 2024, with total incoming resources of £311,678. The trustees consider that free reserves should be retained to cover up to two months of overhead expenditure. The preparation of the accounts is explicitly dependant on the ongoing support of the bank. Its FY2024 accounts were independently examined.
Charities like this
- NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION
- VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD
- Tara International Kadampa Retreat Centre LTD
- Kadampa Meditation Centre Bristol
- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- BIRMINGHAM BUDDHIST CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Heruka Kadampa Meditation Centre | £366k | — | 0 | above | — | noted |
| NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION | £6.0m | — | 0 | unclear | — | no doubt |
| VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD | £163k | — | 0 | unclear | — | no doubt |
| Tara International Kadampa Retreat Centre LTD | £591k | — | 0 | unclear | — | no doubt |
| Kadampa Meditation Centre Bristol | £111k | — | 0 | unclear | — | no doubt |
| BUDDHA LAND KADAMPA MEDITATION CENTRE LTD | £124k | — | 0 | above | — | no doubt |