MAHAMEVNAWA INTERNATIONAL MEDITATION CENTRE
The charity's main activity is to promote the understanding and practice of the original Buddhist teachings.
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
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.