DROLMA MAHAYANA BUDDHIST CENTRE LTD

Registered charity 1107477 · accounts filings on the Charity Commission register · also known as DROLMA BUDDHIST CENTRE LTD

We are a Buddhist Centre with a small number of residents. We offer weekly meditation courses, day courses, retreats in the New Kadampa Tradition of Mahayana Buddhism.

Causes: General Charitable Purposes · Education/training · Accommodation/housing · Religious Activities · website · Get email alerts

Latest income
£36k
Latest spending
£40k
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £3,512 for the year, reducing unrestricted funds from £203,950 to £200,438. The charity holds significant fixed assets valued at £353,039 but carries substantial long-term liabilities of £142,407. The trustees consider the results for the period to be satisfactory.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Discloses 3 of 6 completeness components.

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 £305k. 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: Cambridgeshire · Lincolnshire · Northamptonshire · Peterborough City

Income and spending

Financial year endIncomeSpending
31/12/2024£36k£40k
31/12/2023£37k£40k
31/12/2022£35k£29k
31/12/2021£39k£27k
31/12/2020£51k£37k

Common questions

Is DROLMA MAHAYANA BUDDHIST CENTRE LTD financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £3,512 for the year, reducing unrestricted funds from £203,950 to £200,438. The charity holds significant fixed assets valued at £353,039 but carries substantial long-term liabilities of £142,407. The trustees consider the results for the period to be satisfactory.