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
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
Reserves policy: approximately £250,000 (held: £2.2m)
“the management committee aims to attain a free reserve of approximately £250.000. This is to ensure that the temple can continue to run for at least one year without relying on future funding.”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
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).
- 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
Is INTERNATIONAL BUDDHIST PROGRESS SOCIETY (UK) financially healthy?
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. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with INTERNATIONAL BUDDHIST PROGRESS SOCIETY (MANCHESTER).
Side by side with its peers
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