THE LONDON SHAMBHALA MEDITATION CENTRE
Based in Clapham in South London, the London Shambhala Meditation Centre offers meditation instruction and weekend and weekday courses in meditation, Buddhism and the meditative arts. The centre is open for free meditation instruction on Mondays and Wednesdays from 7:15 pm to 9:00 pm. There is no need to book in advance: everyone is welcome to just come along. Instruction is free of charge.
Financial health, per its FY2025 accounts
The accounts state that the charity finished the financial year with a small surplus of £871 and holds uncommitted free reserves of £47,048, which exceeds the trustees' policy target of £37,500. The trustees rate the financial position as 'amber', noting that while income generation remains a challenge against rising costs, the charity has ample funds to continue operations for at least another year.
What the accounts disclose
“The Centre gets its income from running programmes (25% of income), membership dues & donations (37%) and hiring out rooms when the centre is not being used (34%).” — page 4
“The Trustees have examined the charity’s requirements for reserves in light of the main risks to the organization, under a policy whereby the aim is to have at least six months’ core costs in unrestricted funds not committed or invested in tangible fixed assets. Annual expenditure (excluding donations paid out) is around £75,000, therefore the target is £37,500.” — page 4
“Four trustees received honoraria totalling £975 for delivering training programmes during the year (2024 £730 to three trustees). The legal authority for these payments is contained in the charity's Memorandum of Association.” — page 12
“Four trustees received honoraria totalling £975 for delivering training programmes during the year (2024 £730 to three trustees). The legal authority for these payments is contained in the charity's Memorandum of Association.” — page 12
“Four trustees received expense payments totalling £691 during the year (2024 £166 to one trustee). These were reimbursements of travel costs incurred in fulfilment of the charity's objects.” — page 12
“Four trustees received honoraria totalling £975 for delivering training programmes during the year (2024 £730 to three trustees). The legal authority for these payments is contained in the charity's Memorandum of Association.” — page 12
“Four trustees received expense payments totalling £691 during the year (2024 £166 to one trustee). These were reimbursements of travel costs incurred in fulfilment of the charity's objects.” — page 12
Trustees
- David Hope
- David John Morris
- Ian Harcus
- Jane Hope
- Rachael Cheang
- Vinita Gill Joseph
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £97k | £96k |
| 31/08/2024 | £102k | £95k |
| 31/08/2023 | £74k | £73k |
| 31/08/2022 | £47k | £52k |
| 31/08/2021 | £48k | £47k |
Common questions
Is THE LONDON SHAMBHALA MEDITATION CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity finished the financial year with a small surplus of £871 and holds uncommitted free reserves of £47,048, which exceeds the trustees' policy target of £37,500. The trustees rate the financial position as 'amber', noting that while income generation remains a challenge against rising costs, the charity has ample funds to continue operations for at least another year. Its FY2025 accounts were independently examined.