KADAMPA MEDITATION CENTRE NOTTINGHAM LIMITED
Meditation Centre
Objects
TO PROMOTE THE BUDDHIST FAITH UNDER THE SPIRITUAL GUIDANCE OF THE ELECTED GENERAL SPIRITUAL DIRECTOR OF THE NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION PRINCIPALLY THROUGH THE ACTIVITIES OF TEACHING, STUDY, PRACTICE AND THE OBSERVANCE OF MORAL DISCIPLINE, ALL WITHIN THE MAHAYANA BUDDHIST TRADITION OF ATISHA AND JE TSONGKHAPA AS TAUGHT BY VENERABLE GESHE KELSANG GYATSO THE FOUNDER OF THE NEW KADAMPA TRADITION-THE INTERNATIONAL KADAMPA BUDDHIST UNION THROUGH THE CONTINUOUS IMPLEMENTATION OF THE THREE NEW KADAMPA TRADITION STUDY PROGRAMMES: THE GENERAL PROGRAMME, THE FOUNDATION PROGRAMME AND THE TEACHER TRAINING PROGRAMME.
Financial health, per its FY2024 accounts
The accounts state that outgoing resources decreased to £23,471 from £49,910 in the prior year, resulting in a net expense for the period. The charity holds unrestricted funds of £357,905, which are held in an International Temples Project account to cover current running costs and future months. Trustees report that operating conditions are improving, with a substantial improvement in finances and liquidity since the year end.
What the accounts disclose
“Related party loan items are from other meditation centres within the wider Kadampa Buddhism community. These amounts were loaned under agreement and are both interest free and with no fixed repayment date.” — page 14
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Jane Miles
- Marcella Eldi de Persis
- Mary Estelle Cansdale
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £92k | £115k |
| 31/12/2023 | £60k | £110k |
| 31/12/2022 | £36k | £68k |
| 31/12/2021 | £41k | £56k |
| 31/12/2020 | £67k | £54k |
Common questions
Is KADAMPA MEDITATION CENTRE NOTTINGHAM LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that outgoing resources decreased to £23,471 from £49,910 in the prior year, resulting in a net expense for the period. The charity holds unrestricted funds of £357,905, which are held in an International Temples Project account to cover current running costs and future months. Trustees report that operating conditions are improving, with a substantial improvement in finances and liquidity since the year end. Its FY2024 accounts were independently examined.