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TURNING WHEEL BUDDHIST TEMPLE

Registered charity 1167910 · accounts filings on the Charity Commission register

Turning Wheel Buddhist Temple is a Soto Zen temple in Leicester, East Midlands. Our tradition is based on the practice of serene reflection meditation (zazen).The temple offers a regular schedule of meditation, day retreats, festivals and other events, as well as individual guidance, for anyone who would like to learn about meditation or deepen and broaden their practice.

Causes: Religious Activities · website · Get email alerts

Latest income
£133k
Latest spending
£33k
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's financial position is stable, with annual income consistently exceeding expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by sufficient cash reserves and expected incoming donations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: minimum cash balance of £5,000 (held: £217k)
“In order to achieve this we try to maintain a minimum cash balance of £5,000 in the Charity’s current account.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Reading Buddhist Priory
“During the year the Charity received a donation of £100,000 from Reading Buddhist Priory, a longestablished temple of our order which closed in early 2024.” — page 19
“Throssel Hole Buddhist Abbey 25,000”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Interest-free loan from Throssel Hole Buddhist Abbey
“During the year the Charity received a donation of £100,000 from Reading Buddhist Priory, a longestablished temple of our order which closed in early 2024.” — page 19
“Throssel Hole Buddhist Abbey 25,000”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Interest-free loan from Rev. Aiden Hall
“During the year the Charity received a donation of £100,000 from Reading Buddhist Priory, a longestablished temple of our order which closed in early 2024.” — page 19
“Throssel Hole Buddhist Abbey 25,000”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Interest-free loan from Rev. Alicia Rowe
“During the year the Charity received a donation of £100,000 from Reading Buddhist Priory, a longestablished temple of our order which closed in early 2024.” — page 19
“Throssel Hole Buddhist Abbey 25,000”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Purchase of stock from Throssel Hole Buddhist Abbey
“During the year the Charity received a donation of £100,000 from Reading Buddhist Priory, a longestablished temple of our order which closed in early 2024.” — page 19
“Throssel Hole Buddhist Abbey 25,000”
Per its FY2025 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £295k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Derby City · Derbyshire · Leicester City · Leicestershire · Nottingham City · Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/03/2025£133k£33k
31/03/2024£39k£33k
31/03/2023£38k£23k
31/03/2022£34k£21k
31/03/2021£32k£16k

Common questions

Is TURNING WHEEL BUDDHIST TEMPLE financially healthy?

Per its FY2025 accounts: The accounts state that the charity's financial position is stable, with annual income consistently exceeding expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by sufficient cash reserves and expected incoming donations. Its FY2025 accounts were independently examined.