WESTERN CHAN FELLOWSHIP CIO

Registered charity 1166162 · accounts filings on the Charity Commission register · also known as GREAT WAY CHAN, GREAT WAY CHAN BUDDHIST ASSOCIATION, WESTERN CHAN FELLOWSHIP

Provision of residential Chan retreats and support of local Chan groups

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income
£80k
Latest spending
£73k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a surplus of £6,221 in 2024, with total unrestricted funds of £240,730. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Payments to trustees: Simon Child received rent for Shawbottom Farm and cooking fees. Other trustees received no remuneration, only expense reimbursement.
Save for cooking for the charity and matters in relation to SBF set out above, none of our trustees receive remuneration or other benefits from their work with the charity other than the reimbursement of expenses. — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Cooking fees paid to Simon Child (trustee)
In the year related party transactions were made to trustees relating to fees paid for hire of Shawbottom Farm and to retreat cooking services. The total paid to trustees was £30,988 — page 26
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

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Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£80k£73k
31/12/2023£70k£61k
31/12/2022£51k£58k
31/12/2021£18k£19k
31/12/2020£65k£58k

Common questions

Is WESTERN CHAN FELLOWSHIP CIO financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved a surplus of £6,221 in 2024, with total unrestricted funds of £240,730. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.