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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

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.

Property (HM Land Registry)

1 registered titlein 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.