KADAMPA MEDITATION CENTRE WALES
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 - International Kadampa Buddhist Union, through the continuous implementation of the three New Kadampa Tradition Study Programmes.
Objects
TO PROMOTE THE BUDDHIST FAITH
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is good, with total reserves of £397,962 and a surplus for the year of £15,563. Per the trustees' report, unrestricted reserves stood at £388,408, while cash balances were £20,967 at year-end. The charity holds significant fixed assets valued at £714,923, including a freehold property, against creditors including loans totaling £334,679.
What the accounts disclose
“Charitable activities 0 96.730 96.730 84,053” — page 12
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 02869366 · Financial health read from its filings
- Equity: £398k
- Average employees: 2
Company officers (Companies House)
- LLEWELYN, Nicholas on trustee list
- WILSON, Richard Ian on trustee list
- DEVINE, Lisa Marie on trustee list
- KAVANAGH, Ian
Trustees
- Lisa Devine
- Nicholas Llewelyn
- Richard Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £110k | £94k |
| 31/12/2024 | £103k | £99k |
| 31/12/2023 | £97k | £98k |
| 31/12/2022 | £74k | £76k |
| 31/12/2021 | £70k | £70k |
Common questions
Is KADAMPA MEDITATION CENTRE WALES financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is good, with total reserves of £397,962 and a surplus for the year of £15,563. Per the trustees' report, unrestricted reserves stood at £388,408, while cash balances were £20,967 at year-end. The charity holds significant fixed assets valued at £714,923, including a freehold property, against creditors including loans totaling £334,679. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/03/2020 | £1k | Kadampa Meditation Centre Wales |
| The National Lottery Heritage Fund | 17/02/2012 | £34k | "Restoring former billiard room and creating a beautiful Meditation Hall" |
| The National Lottery Community Fund | 01/09/2011 | £727 | Developing Swansea's World Peace Cafe |