THE FOREST HERMITAGE TRUST
TO ADVANCE BUDDHISM BY THE TEACHING OF BUDDHISM AND PROVIDING A RESIDENTIAL CENTRE OR CENTRES FOR BHIKKHUS TO TEACH AND PRACTICE BUDDHISM.
Objects
TO ADVANCE THE BUDDHIST RELIGION FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE TEACHINGS OF THE BUDDHA (BUDDHA SASANA) BY:A) PROVIDING, MAINTAINING AND SUPPORTING, IN ACCORDANCE WITH THE PRINCIPLES OF THE THERAVADA VINAYA, RESIDENTIAL ESTABLISHMENTS FOR A MONASTIC SANGHA OF PERSONS WHO HAVE UNDERTAKEN THE RULES OF TRAINING (SIKKHAPADA); ANDB) SUPPORTING LAY PEOPLE IN THE PRACTICE OF THE TEACHINGS OF THE BUDDHAC) SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DECIDED
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £324,011 against a policy target of three years' expenditure, indicating a strong financial position. The charity reported a net income surplus of £43,126 for the year, with total net assets increasing to £836,197. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees’ policy is to hold sufficient free reserves to cover charitable activities for up to 3 years.” — page 5
Policies the charity declares
- Complaints policy and procedures
- Risk management
- Safeguarding policy and procedures
Property (HM Land Registry)
Trustees
- Antony James Harfield
- Christopher Cook
- David Edmundson
- Nilar Win
- Robert Bryan Yellowhammer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £103k | £60k |
| 31/03/2024 | £42k | £63k |
| 31/03/2023 | £80k | £60k |
| 31/03/2022 | £127k | £53k |
| 31/03/2021 | £75k | £49k |
Common questions
Is THE FOREST HERMITAGE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £324,011 against a policy target of three years' expenditure, indicating a strong financial position. The charity reported a net income surplus of £43,126 for the year, with total net assets increasing to £836,197. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Charities like this
- BIRMINGHAM BUDDHIST CENTRE
- THE DHARMA TRUST
- THERAVADA MONASTIC TRUST
- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- SAYAGYI U BA KHIN MEMORIAL TRUST
- MIDLANDS BUDDHIST ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FOREST HERMITAGE TRUST | £103k | — | 0 | unclear | — | no doubt |
| BIRMINGHAM BUDDHIST CENTRE | £427k | Under £60,000 | 0 | unclear | — | no doubt |
| THE DHARMA TRUST | £794k | — | 0 | unclear | — | no doubt |
| THERAVADA MONASTIC TRUST | £2.0m | — | 0 | above | — | no doubt |
| BUDDHA LAND KADAMPA MEDITATION CENTRE LTD | £124k | — | 0 | above | — | no doubt |
| SAYAGYI U BA KHIN MEMORIAL TRUST | £791k | — | 0 | unclear | — | no doubt |