INTERNATIONAL BUDDHIST PROGRESS SOCIETY (UK)

Registered charity 1023575 · accounts filings on the Charity Commission register · also known as LONDON FO GUANG TEMPLE

To encourage the study and research of BuddhismTo support related cultural and educational programsTo serve humanity, the community and societyTo develop educational programs for all BuddhistsTo promote international Dharma propagation

Objects

THE ADVANCEMENT OF BUDDHISM

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Religious Activities · website · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £382,519 for the year, with unrestricted reserves carrying forward at £2,186,299. The trustees confirm that budgeted income and expenditure are sufficient to continue as a going concern, supported by strong cash reserves and no material uncertainties. The charity maintains a healthy financial position with unrestricted funds well above its stated reserves policy target.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investment
• Risk management
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

Structured financials (annual return, FY ending 31/12/2024)

Reported reserves equal ~94.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (78% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

• Fong Goh Lee
• Rev Li-Ya Chou
• Rev MEI-CHU FAN
• Rev Pei Fen Wu Chang
• VENERABLE CHUEH YANN SHIH
• VENERABLE MIAO SHIUNN SHIH
• VENERABLE YI CHEN WU

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Common questions

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with INTERNATIONAL BUDDHIST PROGRESS SOCIETY (MANCHESTER).

• INTERNATIONAL BUDDHIST PROGRESS SOCIETY (MANCHESTER) income £437k
• THE BUDDHIST SOCIETY TRUST income £257k
• Tu An Temple UK income £126k
• BIRMINGHAM BUDDHIST CENTRE income £427k
• THE BRAHMIN SOCIETY NORTH LONDON income £121k
• TRIRATNA BUDDHIST COMMUNITY IN BRISTOL income £111k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.