MAHAMEVNAWA INTERNATIONAL MEDITATION CENTRE
The charity's main activity is to promote the understanding and practice of the original Buddhist teachings.
Objects
TO ADVANCE THE BUDDHIST RELIGION FOR THE BENEFIT OF THE PUBLIC
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with unrestricted reserves of £1,139,190, an increase from the previous year's £866,180. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity is run entirely by volunteers with no employee-related payments made during the year.
What the accounts disclose
“During the year under review, payments amounting to £24,000 were paid to a relative of one of the Trustees for a property rented by the Mahamevnawa International Meditation Centre for its Charitable purposes (2023 £24,000). Apart from the above, no other payments were made to Trustees during the year (2023 - £nil).” — page 15
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- KIRANA SAMPATH ARAMBAGE MBBS DFFP
- Rev Amithagaweshi Thero Wanaluwawe
- Rev DHAMMADEWA THERO KATUNERIYA
- SOMIL DEVENDRA WIJENDRA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £482k | £209k |
| 31/12/2023 | £251k | £278k |
| 31/12/2022 | £244k | £222k |
| 31/12/2021 | £239k | £210k |
| 31/12/2020 | £224k | £171k |
Common questions
Is MAHAMEVNAWA INTERNATIONAL MEDITATION CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with unrestricted reserves of £1,139,190, an increase from the previous year's £866,180. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity is run entirely by volunteers with no employee-related payments made during the year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE INTERNATIONAL BUDDHIST RELIEF ORGANISATION (I B R O) | 1 | £450k |
Charities like this
- VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD
- THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK
- SAMADHI RETREAT CENTRE
- LONDON MINDFULNESS MEDITATION CENTRE
- BIRMINGHAM BUDDHIST CENTRE
- Tara International Kadampa Retreat Centre LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MAHAMEVNAWA INTERNATIONAL MEDITATION CENTRE | £482k | — | 0 | unclear | — | no doubt |
| VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD | £163k | — | 0 | above | — | no doubt |
| THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK | £483k | — | 0 | unclear | — | no doubt |
| SAMADHI RETREAT CENTRE | £238k | — | 0 | unclear | — | no doubt |
| LONDON MINDFULNESS MEDITATION CENTRE | £166k | — | 0 | unclear | — | no doubt |
| BIRMINGHAM BUDDHIST CENTRE | £427k | Under £60,000 | 0 | unclear | — | no doubt |