DIAMOND WAY TEACHINGS AND CENTRES

Registered charity 1143034 · accounts filings on the Charity Commission register · also known as DWTC · also registered in Scotland as SC054327 (OSCR)

EDUCATE THE PUBLIC IN THE UNITED KINGDOM AND WORLDWIDE BY PROMOTING A GREATER AWARENESS AND UNDERSTANDING OF TIBETAN LAY BUDDHISM AND THE CULTURE OF TIBET.

Objects

4.1. THE OBJECTS OF THE CHARITY (THE ÔÇ£OBJECTSÔÇØ) ARE FOR THE PUBLIC BENEFIT TO:4.1.1 EDUCATE THE PUBLIC IN THE UNITED KINGDOM AND WORLDWIDE BY PROMOTING A GREATER AWARENESS AND UNDERSTANDING OF TIBETAN LAY BUDDHISM AND THE CULTURE OF TIBET BY:4.1.1(A) THE PROVISION OF EDUCATIONAL FACILITIES, LIBRARIES AND CULTURAL CENTRES; AND4.1.1(B) THE TEACHING AND PRACTICE OF LAY BUDDHIST PHILOSOPHY WITHIN THE TRADITION OF THE KARMA KAGYU LINEAGE OF DIAMOND WAY BUDDHISM UNDER THE SPIRITUAL AUTHORITY OF HIS HOLINESS THE 17TH KARMAPA TRINLEY THAYE DORJE AND LAMA OLE NYDAHL AND THEIR SUCCESSORS; AND4.1.2 TO MAINTAIN, SUPPORT, OR CONTRIBUTE TOWARDS SUCH ONE OR MORE EXCLUSIVELY CHARITABLE PURPOSES OR CHARITABLE COMPANIES, INSTITUTIONS, ASSOCIATIONS, TRUST AND SOCIETIES IN THE UNITED KINGDOM OR ELSEWHERE IN THE WORLD THAT SEEK TO ADVANCE THE LAY TRADITION OF THE KARMA KAGYU LINEAGE OF DIAMOND WAY BUDDHISM UNDER THE SPIRITUAL AUTHORITY OF HIS HOLINESS THE 17TH KARMAPA THAYE DORJE AND LAMA OLE NYDAHL AND THEIR SUCCESSORS.

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Religious Activities · Arts/culture/heritage/science · website · Get email alerts

Latest income
£297k
Latest spending
£145k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net incoming resource of £151,804 for the period, with unrestricted reserves increasing to £2,108,217. The trustees confirm that sufficient funds are available to cover running costs and refurbishment plans for at least three months, indicating adequate liquidity to meet short-term commitments.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £2.1m)
“The reserves policy is to ensure that sufficient funds are available to cover the running costs and refurbishment plans in accordance with the budget for a period of at least three months.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees
“Total income received from trustees during the period was £10,749 (year ended 31 July 2024 - £11,088). There are no balances due from the trustees at either period-end.” — page 25
“Total income received from relatives of trustees during the period was £450 (year ended 31 July 2024 - £5,970). There are no balances due from relatives of trustees at the period-end.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Relatives of Trustees
“Total income received from trustees during the period was £10,749 (year ended 31 July 2024 - £11,088). There are no balances due from the trustees at either period-end.” — page 25
“Total income received from relatives of trustees during the period was £450 (year ended 31 July 2024 - £5,970). There are no balances due from relatives of trustees at the period-end.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/07/2024)

Total income
£692k
Total spending
£533k
Cost of raising funds
£90k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Other trading activities (53% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 13.0% of total income — in the top quarter for charities its size (median 3.0%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£297k£145k
31/07/2024£692k£533k
31/07/2023£337k£278k
31/07/2022£321k£214k
31/07/2021£231k£313k

Common questions

Is DIAMOND WAY TEACHINGS AND CENTRES financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a net incoming resource of £151,804 for the period, with unrestricted reserves increasing to £2,108,217. The trustees confirm that sufficient funds are available to cover running costs and refurbishment plans for at least three months, indicating adequate liquidity to meet short-term commitments. Its FY2024 accounts were independently examined.