ROCHDALE ZEN RETREAT
The activities of the trust are to advance the Buddhist faith, in particular the Serene Reflection mediation school of Buddhism (also known as Soto Zen Buddhism).
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is stable, with unrestricted reserves of £530,135 covering total net assets. The trustees report that income comfortably covers expenditure and confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Although the Charity’s liquidity is monitored on a daily basis, we try to maintain a minimum cash balance of £10,000 in The Co operative Bank. We are also trying to build-up reserves to cover any large unexpected expenses as income will allow.”
“The Charity purchased the property “The Briars”, facilitated by an interest-free loan from Rev. Peter Bonati (one of the Trustees) for £100,000 which has now been fully repaid” — page 5
“The total donations from trustees and related parties during the year were £750 (2024: £750).” — page 13
“The Charity purchased the property “The Briars”, facilitated by an interest-free loan from Rev. Peter Bonati (one of the Trustees) for £100,000 which has now been fully repaid” — page 5
“The total donations from trustees and related parties during the year were £750 (2024: £750).” — page 13
Trustees
- Rev Peter Michael Bonatichair
- REV WILFRID POWELL
- Rev FINNAN O'HEARTAIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £22k | £16k |
| 31/03/2025 | £74k | £16k |
| 31/03/2024 | £26k | £37k |
| 31/03/2023 | £28k | £13k |
| 31/03/2022 | £17k | £13k |
Common questions
Is ROCHDALE ZEN RETREAT financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is stable, with unrestricted reserves of £530,135 covering total net assets. The trustees report that income comfortably covers expenditure and confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.