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LELUNG DHARMA TRUST

Registered charity 1079844 · accounts filings on the Charity Commission register

Activities of the Lelung Dharma Trust include helping Tibetans in a number of areas; creating greater awareness of Tibetan Buddhist culture and religion; organising teaching and meditation courses; providing sponsorship of monks, nuns, school children, university students and the elderly; the preservation of the Geden Phacho Bhucho lineages and publishing the works of the 5th Lelung RInpoche.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · website · Get email alerts

Latest income
£102k
Latest spending
£215k
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Trust incurred a net income deficit of £112,965 for the year, with total expenditure exceeding total income. However, the Trustees confirm there are no material uncertainties regarding the Charity's ability to continue, and free reserves stood at £147,397 at year-end.

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

What the accounts disclose

Highest-paid employee band: £23,400 — below the median for charities its size (£60k)
“Lelung Tulku received £23,400 (2023 £14,400) from the Trust during the year towards his living expenses.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Trading activities (63% of income)
“Trading activities 5 64,155 0 64,155 56,663” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient free reserves to meet the Trust's day to day running costs for the following 12 months, which are estimated to be £100,000 (held: £147k)
“The Trustees’ reserves policy is to ensure they hold sufficient free reserves to meet the Trust's day to day running costs for the following 12 months, which are estimated to be £100,000” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Lelung Tulku received a stipend of £23,400.
“One trustee, Lelung Tulku, the Spiritual Leader, received a stipend of £23,400 (2023: £14,400). Other than this none of the trustees or persons connected with them received any remuneration, benefits or reimbursement of expenses in the year for work as a trustee” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration
“Charity trustee and Spiritual Leader, Lelung Tulku, received a stipend of £23,400 (2023: £14,400). No other trustee received any payment or benefits (2023: Nil). No trustee received payment or reimbursement for travel or subsistence costs incurred apart from Lelung Tulku when travelling on behalf of Trust business.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — LELUNG DHARMA TRUST (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2020)

Total income
£584k
Total spending
£106k
Cost of raising funds
£1k
Reserves (reported)
£66k
Employees
0

Reported reserves equal ~7.5 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£102k£215k
31/12/2023£179k£181k
31/12/2022£128k£155k
31/12/2021£236k£262k
31/12/2020£584k£106k

Common questions

Is LELUNG DHARMA TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the Trust incurred a net income deficit of £112,965 for the year, with total expenditure exceeding total income. However, the Trustees confirm there are no material uncertainties regarding the Charity's ability to continue, and free reserves stood at £147,397 at year-end. Its FY2024 accounts were independently examined.

What does the highest-paid employee of LELUNG DHARMA TRUST earn?

Per its FY2024 accounts, the highest-paid employee was in the £23,400 band.