MIDLANDS BUDDHIST ASSOCIATION
INTER-FAITH AND EDUCATIONAL ACTIVITIES FOR BUDDHISM.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £6,528,867, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported total income of £1,079,077 and net income for the year of £982,971, with no employees and no material uncertainties affecting its going concern status.
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
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Le Thi Dong
- QUI KIM HUYNH
- Sung Do
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £96k |
| 31/03/2024 | £530k | £49k |
| 31/03/2023 | £330k | £200k |
| 31/03/2022 | £813k | £215k |
| 31/03/2021 | £858k | £84k |
Common questions
Is MIDLANDS BUDDHIST ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £6,528,867, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported total income of £1,079,077 and net income for the year of £982,971, with no employees and no material uncertainties affecting its going concern status. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE INTERNATIONAL BUDDHIST RELIEF ORGANISATION (I B R O) | 1 | £450k |
Charities like this
- THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK
- THE EAST MIDLANDS BUDDHIST ASSOCIATION
- MILTON KEYNES MUSLIM ASSOCIATION
- THE BUDDHIST SOCIETY
- FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST)
- MADRASSA ZIA-UL QURAN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MIDLANDS BUDDHIST ASSOCIATION | £1.1m | — | 0 | above | — | no doubt |
| THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK | £441k | — | 0 | unclear | — | no doubt |
| THE EAST MIDLANDS BUDDHIST ASSOCIATION | £100k | — | 0 | unclear | — | no doubt |
| MILTON KEYNES MUSLIM ASSOCIATION | £382k | — | 0 | unclear | — | no doubt |
| THE BUDDHIST SOCIETY | £309k | — | 0 | above | 19.2% | no doubt |
| FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST) | £536k | Under £60,000 | 0 | unclear | — | no doubt |