HARNHAM BUDDHIST MONASTERY TRUST
To promote the teachings of the Buddha (Buddha Sasana) by:a) Providing, maintaining and supporting in accordance with the principles of the Theravada Vinaya, residential establishments for a Monastic Sangha of persons who have undertaken the Rules of Training (Sikkhapada)b) Supporting lay people in the practise of the teachings of the Buddha
Objects
3.1 TO PROMOTE THE TEACHINGS OF THE BUDDHA (BUDDHA SASANA) BY:(A) PROVIDING, MAINTAINING AND SUPPORTING, IN ACCORDANCE WITH THE PRINCIPLESOF THE THERAVADA VINAYA, RESIDENTIAL ESTABLISHMENTS FOR A MONASTICSANGHA OF PERSONS WHO HAVE UNDERTAKEN THE RULES OF TRAINING(SIKKHAPADA); AND(B) SUPPORTING LAY PEOPLE IN THE PRACTICE OF THE TEACHINGS OF THE BUDDHA(C) SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DECIDED3-2 TO SUPPORT THE AGED AND NECESSITOUS/AND THE DOING OF ALL SUCH OTHER THINGSAS ARE CONDUCIVE TO THE ATTAINMENT OF THAT OBJECT
Financial health, per its FY2024 accounts
The accounts state that the charity generated total income of £571,785 against charitable expenditure of £162,071, resulting in a net incoming resource of £409,703. The trustees report that free reserves were maintained at a level consistent with their policy target of three to six months' expenditure, supported by significant unrestricted fund balances. The trustees confirmed adequate resources for the foreseeable future, adopting the going concern basis without noting any material uncertainties.
What the accounts disclose
“it is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure which equates to £40,000 - £80,000.” — page 4
“None of the trustees (or any persons connected with them) received any remuneration during the year, but 1 of them was reimbursed a total of £69 (2023 :£144) travelling expenses.” — page 17
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
- Investing charity funds policy and procedures
- Investment
- 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)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (04/03/2014)
Trustees
- PAUL Kristian HANSENchair
- Edward Philip Duncan
- JOHN THOMAS BOWER
- PHILIPPA MARY PADBURY
- Rion Elliott Willard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £559k | £162k |
| 31/12/2023 | £186k | £174k |
| 31/12/2022 | £146k | £132k |
| 31/12/2021 | £134k | £150k |
| 31/12/2020 | £83k | £104k |
Common questions
Is HARNHAM BUDDHIST MONASTERY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated total income of £571,785 against charitable expenditure of £162,071, resulting in a net incoming resource of £409,703. The trustees report that free reserves were maintained at a level consistent with their policy target of three to six months' expenditure, supported by significant unrestricted fund balances. The trustees confirmed adequate resources for the foreseeable future, adopting the going concern basis without noting any material uncertainties. Its FY2024 accounts were independently examined.