BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
The charity runs a programme of meditation classes and buddhist teachings, open to everyone, in Keighley and local towns. The charity also has a World Peace Cafe at its Keighley centre to help further promote its activities. A centre in Burnley is now open to the public 2 Days per week for classes and has a small cafe and shop facility and has purchased a property which is currently renovating
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £51,754 for the year ended 31 December 2024, with total unrestricted funds carried forward reaching £614,973. Per the trustees' report, free reserves of £303,275 were held at year-end, which is in excess of the stated minimum policy target of £20,000. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity has a policy to keep a cash reserve fund of £20,000 minimum” — page 6
Trustees
- Cherie Scanlon
- Kevin Carron-Esslinger
- Lisa Devine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £124k | £72k |
| 31/12/2023 | £118k | £79k |
| 31/12/2022 | £115k | £63k |
| 31/12/2021 | £117k | £50k |
| 31/12/2020 | £111k | £48k |
Common questions
Is BUDDHA LAND KADAMPA MEDITATION CENTRE LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income of £51,754 for the year ended 31 December 2024, with total unrestricted funds carried forward reaching £614,973. Per the trustees' report, free reserves of £303,275 were held at year-end, which is in excess of the stated minimum policy target of £20,000. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/11/2009 | £10k | World Peace Cafe |
Charities like this
- Tara International Kadampa Retreat Centre LTD
- JAMYANG BUDDHIST CENTRE
- VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD
- NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION
- MIDLANDS BUDDHIST ASSOCIATION
- SAYAGYI U BA KHIN MEMORIAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BUDDHA LAND KADAMPA MEDITATION CENTRE LTD | £124k | — | 0 | above | — | no doubt |
| Tara International Kadampa Retreat Centre LTD | £591k | — | 0 | unclear | — | no doubt |
| JAMYANG BUDDHIST CENTRE | £804k | — | 0 | below | — | no doubt |
| VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD | £163k | — | 0 | unclear | — | no doubt |
| NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION | £6.0m | — | 0 | unclear | — | no doubt |
| MIDLANDS BUDDHIST ASSOCIATION | £1.1m | — | 0 | above | — | no doubt |