TRUE BUDDHA SCHOOL LIMITED
The Charity's principal activity is that of promoting Buddhism among members of the School.
Objects
FOR THE PROMOTION AND ADVANCEMENT OF THE TRUE BUDDHIST RELIGION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves total £2,506,250, which the trustees consider sufficient to maintain operations for three to six months of expenditure. The charity reported a net unrestricted income of £23,803 for the year, with total funds carried forward increasing from £2,482,447 to £2,506,250. The trustees confirmed that assets are sufficient to meet obligations and that the charity is operating on a going concern basis.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 02914872
Company officers (Companies House)
- LOOI, Bee Peng on trustee list
- CHUNG, Tsz Fai on trustee list
- TANG, Hon Shan on trustee list
Property (HM Land Registry)
Trustees
- HON SHAN TANGchair
- Bee Peng Looi
- Tsz Fai Chung
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £224k | £200k |
| 31/03/2024 | £264k | £160k |
| 31/03/2023 | £306k | £203k |
| 31/03/2022 | £281k | £206k |
| 31/03/2021 | £116k | £107k |
Common questions
Is TRUE BUDDHA SCHOOL LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves total £2,506,250, which the trustees consider sufficient to maintain operations for three to six months of expenditure. The charity reported a net unrestricted income of £23,803 for the year, with total funds carried forward increasing from £2,482,447 to £2,506,250. The trustees confirmed that assets are sufficient to meet obligations and that the charity is operating on a going concern basis. Its FY2025 accounts were independently examined.