BUDDHIST COMMUNITY CENTRE UK
To advance the Buddhist religion in the United Kingdom for the benefit of the public through the holding of payer meetings, lectures, public celebrations of religious festivals etc
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £1,735,333 are held, which is significantly above the trustees' stated policy target of approximately £100,000 (equivalent to three to six months of budgeted expenditure). The trustees confirm the charity is in a sound financial position with adequate resources to continue fulfilling its objectives for the foreseeable future, despite noting that going concern is dependent on uncertain future funding streams.
What the accounts disclose
“The trustees have concluded that the charity should aim to maintain free reserves equivalent to three to six months of budgeted expenditure, which at current levels equates to approximately £100,000.” — page 7
“The charitable activities are entirely dependent on continuing voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 17
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- DHARMA BAHADUR TAMANG
- Dr Kapil Rijal
- GYANUMAYA GURUNG
- KAJI SHERPA
- Khimprasad Gauchan
- Kul Thapa
- MAJOR KHUSIMAN GURUNG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £536k | £231k |
| 30/06/2024 | £287k | £162k |
| 30/06/2023 | £209k | £179k |
| 30/06/2022 | £155k | £134k |
| 30/06/2021 | £202k | £118k |
Common questions
Is BUDDHIST COMMUNITY CENTRE UK financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £1,735,333 are held, which is significantly above the trustees' stated policy target of approximately £100,000 (equivalent to three to six months of budgeted expenditure). The trustees confirm the charity is in a sound financial position with adequate resources to continue fulfilling its objectives for the foreseeable future, despite noting that going concern is dependent on uncertain future funding streams. Its FY2025 accounts were independently examined.