SAMUDRA BUDDHIST CENTRE

Registered charity 1081470 · accounts filings on the Charity Commission register

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.

Area of benefit: DERBYSHIRE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · website · Get email alerts

Latest income
£41k
Latest spending
£34k
Registered
2000
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Voluntary income (71% of income)
“Total incoming resources 41,322”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months overhead expenditure (held: £156k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity is a member of the New Kadampa Tradition – International Kadampa Buddhist Union (“NKT-IKBU”)... funds may pass between centres to fulfil aims and objectives.
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

The charity’s company — latest Companies House iXBRL filing (balance sheet 28.2.26)
  • Equity: £159k

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £220k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Derbyshire

Income and spending

Financial year endIncomeSpending
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.