VAJRAPANI KADAMPA MEDITATION CENTRE
Advancement of the Buddhist faith, through education programmes, and day courses held at the centre and at branch classes.
Financial health, per its FY2024 accounts
The charity reported a net incoming resource of £10,436 for the year, with total income of £89,934 and total expenditure of £79,541. Unrestricted reserves stood at £497,329, which the trustees consider appropriate against their policy of holding 2–3 months of fixed resources. The accounts were subject to independent examination rather than audit, with no matters coming to the examiner's attention.
What the accounts disclose
“Reserves are held in unrestricted funds equivalent to 2–3 months of the fixed resources expended.” — page 5
Trustees
- Andrew Torrington
- David Joyce
- Lisa Devine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £90k | £79k |
| 31/12/2023 | £80k | £76k |
| 31/12/2022 | £125k | £69k |
| 31/12/2021 | £64k | £43k |
| 31/12/2020 | £73k | £48k |
Common questions
Is VAJRAPANI KADAMPA MEDITATION CENTRE financially healthy?
Per its FY2024 accounts: The charity reported a net incoming resource of £10,436 for the year, with total income of £89,934 and total expenditure of £79,541. Unrestricted reserves stood at £497,329, which the trustees consider appropriate against their policy of holding 2–3 months of fixed resources. The accounts were subject to independent examination rather than audit, with no matters coming to the examiner's attention. Its FY2024 accounts were independently examined.