THE SHRIMALA TRUST
THE CHARITY AIMS TO ADVANCE RELIGIOUS EDUCATION IN ACCORDANCE WITH THE THE DOCTRINES AND PRINCIPLES OF THE BUDDHIST FAITH, AND IN PARTICULAR THE KAGYU-NYINGMA TRADITION OF TIBETAN BUDDHISM. THESE AIMS ARE FURTHERED THROUGH THE ACTIVITIES OF THE AWAKENED HEART SANGHA, A SPIRITUAL COMMUNITY IN THE KAGYU AND NYINGMA TRADITIONS OF TIBETAN BUDDHISM, FORMED BY STUDENTS OF LAMA SHENPEN HOOKHAM.
Objects
TO ADVANCE RELIGIOUS EDUCATION IN ACCORDANCE WITH THE DOCTRINES AND PRINCIPLES OF THE BUDDHIST FAITH, AND IN PARTICULAR OF THE KAGYU-NYINGMA TRADITION OF TIBETAN BUDDHISM.
Financial health, per its FY2025 accounts
The accounts state that the charity's income and expenditure are reasonably balanced, with a net movement in funds of a loss of £4,890 for the year ended 30 April 2025. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, maintaining a going concern basis. Unrestricted reserves stood at £408,119, which the trustees consider sufficient to meet their policy of maintaining three to six months of expenditure.
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 5
“During the year ending 30 April 2025 Anne Dew who is a trustee, lived as volunteer and part of the spiritual community at the Trust's meditation centre, the Hermitage of the Awakened Heart. Anne Dew donated £2,340 (2024: £3,130). Donations totalling £10,548 (2024: £8,765) were received from trustees who served during the year.” — page 16
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- Anne Dewchair
- JONATHAN JULIUS FENTON SHAW
- STEPHANIE PATRICIA HAIR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £276k | £281k |
| 30/04/2024 | £245k | £243k |
| 30/04/2023 | £183k | £218k |
| 30/04/2022 | £194k | £207k |
| 30/04/2021 | £176k | £155k |
Common questions
Is THE SHRIMALA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's income and expenditure are reasonably balanced, with a net movement in funds of a loss of £4,890 for the year ended 30 April 2025. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, maintaining a going concern basis. Unrestricted reserves stood at £408,119, which the trustees consider sufficient to meet their policy of maintaining three to six months of expenditure. Its FY2025 accounts were independently examined.