HEART JEWEL KADAMPA BUDDHIST CENTRE
Our activities and aim is to create a place of peace for people within the North East Derbyshire, Amber Valley and Derbyshire Dales area, to access methods to enhance their mental wellness and inner peace through meditation. Accessible and inclusive the aim of teaching modern Buddhist meditation and practice is to help people find methods to alleviate stress and find greater happiness.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £36,000 for the year ended 31 December 2024, resulting in total unrestricted funds increasing to £302,292. The trustees have confirmed that the financial statements are prepared on a going concern basis with no material uncertainties regarding the charity's ability to continue operating. Additionally, the charity fully repaid its bank loan during the year, reducing its long-term liabilities.
What the accounts disclose
“The trustees consider that a level of free reserves should be retained in liquid funds equivalent to cover six months overhead expenditure to maintain the basic operations of the charity and provide some surety against adverse financial events.” — page 4
“The Charity is a member of the New Kadampa Tradition- International Kadampa Buddhist Union (NKT- IKBC) which is Made up of many centres throughout the world with the same objects. They are however all independent charities linked by their objects and there is no financial dependency between them although occasionally funds may pass between centres to fulfil aims and objectives.” — page 5
Corporate structure
- Registered company of the charity Companies House 06485934
- Equity: £308k
- Average employees: 1
Company officers (Companies House)
- BRUNT, Rachel on trustee list
- OLIVER-WALSH, Tracey on trustee list
- SHERRIFF, Carol Elizabeth
Property (HM Land Registry)
Trustees
- Claire Bannister
- Rachel Brunt
- Tracey Oliver-Walsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £80k | £44k |
| 31/12/2023 | £42k | £34k |
| 31/12/2022 | £33k | £38k |
| 31/12/2021 | £36k | £27k |
| 31/12/2020 | £34k | £22k |
Common questions
Is HEART JEWEL KADAMPA BUDDHIST CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £36,000 for the year ended 31 December 2024, resulting in total unrestricted funds increasing to £302,292. The trustees have confirmed that the financial statements are prepared on a going concern basis with no material uncertainties regarding the charity's ability to continue operating. Additionally, the charity fully repaid its bank loan during the year, reducing its long-term liabilities. Its FY2024 accounts were independently examined.