SAMUDRA BUDDHIST CENTRE
To increase the Buddhist Faith under the spiritual guidance of the elected General Spiritual Director of the NKT-IKBU as a member of the union of Kadampa Buddhist Centres
Objects
TO PROMOTE THE BUDDHIST FAITH UNDER THE SPIRITUAL GUIDANCE OF THE ELECTED GENERAL SPIRITUAL DIRECTOR OF THE NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION PRINCIPALLY THROUGH ACTIVITIES OF TEACHING, STUDY, PRACTICE AND THE OBSERVANCE OF MORAL DISCIPLINE ALL WITHIN THE MAHAYANA BUDDHIST TRADITION OF ATISHA AND JE TSONGKAPA AS TAUGHT BY VENERABLE GESHE KELSANG GYATSO, THE FOUNDEROF THE NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION, THROUGH THE CONTINUOUS IMPLEMENTATION OF THE THREE NEW KADAMPA TRADITION STUDY PROGRAMMES: THE GENERAL PROGRAMME, THE FOUNDATION PROGRAMME, AND THE TEACHER TRAINING PROGRAMME, ALL AS DEFINED IN SCHEDULE A OF THE MEMORANDUM.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net profit of £6,905 for the year ended 28 February 2025, with total income of £41,322. Total funds increased to £156,042, which exceeds the trustees' stated reserves policy target of covering up to six months of overhead expenditure. The charity maintains unrestricted funds of £156,042 with no restricted funds.
What the accounts disclose
“Total incoming resources 41,322”
“The Trustees consider that the level of free reserves should be retained in liquid funds equivalent to cover up to six months overhead expenditure.” — page 2
“The charity is a member of the New Kadampa Tradition – International Kadampa Buddhist Union (“NKT-IKBU”), which is made up of many centres throughout the world with the same objects. They are all independent charities linked only by their objects and there is no financial dependency, although funds may pass between centres to fulfil aims and objectives.” — page 1
Policies the charity declares
- Safeguarding policy and procedures
Corporate structure
- Registered company of the charity Companies House 03928968 · Financial health read from its filings
- Equity: £159k
Company officers (Companies House)
- O'BRIEN, Frederick Richard on trustee list
- TOMS, Terence on trustee list
- COWING, Stephen Paul on trustee list
- MATTHEWS, Dawn
Property (HM Land Registry)
Trustees
- Frederick O'Brien
- Stephen Cowing
- Terence Toms
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £41k | £34k |
| 29/02/2024 | £33k | £34k |
| 28/02/2023 | £34k | £35k |
| 28/02/2022 | £68k | £34k |
| 28/02/2021 | £36k | £25k |
Common questions
Is SAMUDRA BUDDHIST CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net profit of £6,905 for the year ended 28 February 2025, with total income of £41,322. Total funds increased to £156,042, which exceeds the trustees' stated reserves policy target of covering up to six months of overhead expenditure. The charity maintains unrestricted funds of £156,042 with no restricted funds. Its FY2025 accounts were independently examined.