KADAMPA MEDITATION CENTRE LONDON
To promote Buddhist faith through teaching, study, meditation practice and observance of moral discipline. The day-to-day activities at the centre include a broad programme of study & meditation classes, chanted prayer sessions or pujas as well as community social events.
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 THE ACTIVITIES OF TEACHING, STUDY, PRACTICE AND THE OBSERVANCE OF MORAL DISCIPLINE ALL WITHIN THE MAHAYANAI BUDDHIST TRADITION OF ATISHA AND JE TSONGKHAPA AS TAUGHT BY VENERABLE GESHE KELSANG GYATSO, THE FOUNDER OF 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 THIS MEMORANDUM.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £1,020,057 at the end of the financial year, an increase from the previous year's £1,007,775. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by regular donations and increased course activity. The charity holds a £250,000 loan receivable from a related charity and maintains a reserves policy target of six months' overhead expenditure.
What the accounts disclose
“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 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Carrie-Anne Ling
- MARY DISKIN
- Mark Budd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £140k | £128k |
| 31/12/2023 | £149k | £150k |
| 31/12/2022 | £128k | £162k |
| 31/12/2021 | £111k | £197k |
| 31/12/2020 | £162k | £152k |
Common questions
Is KADAMPA MEDITATION CENTRE LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £1,020,057 at the end of the financial year, an increase from the previous year's £1,007,775. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by regular donations and increased course activity. The charity holds a £250,000 loan receivable from a related charity and maintains a reserves policy target of six months' overhead expenditure. Its FY2024 accounts were independently examined.