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THE TERTON SOGYAL TRUST

Registered charity 1059323 · accounts filings on the Charity Commission register

The objects of the Trust are the promotion and advance of Buddhism in all parts of the world and in any manner that is charitable in law.

Causes: Religious Activities · website · Get email alerts

Latest income
£76k
Latest spending
£69k
Registered
1996
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £35,110 for the year, with total unrestricted funds of £64,553. The trustees' report indicates that the charity is reliant on donations and bequests, and the independent examiner confirmed that no matters came to their attention requiring further disclosure.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (67% of income)
“During the year total donations, legacies and gift aid recoverable amounted to £51,223 (2023: £39,923), and income from reserves held on investment and royalties generated £25,167 (2023: £29,780).”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately six months of unrestricted charitable expenditure (held: £65k)
“The trustees aim to maintain free reserves in unrestricted funds at a level that equates to approximately six months of unrestricted charitable expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£76k£69k
31/12/2023£70k£121k
31/12/2022£79k£17k
31/12/2021£76k£146k
31/12/2020£75k£27k

Common questions

Is THE TERTON SOGYAL TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £35,110 for the year, with total unrestricted funds of £64,553. The trustees' report indicates that the charity is reliant on donations and bequests, and the independent examiner confirmed that no matters came to their attention requiring further disclosure. Its FY2024 accounts were independently examined.