Charity Accounts Intelreading the accounts so you don’t have to

CHAN KHONG MONASTERY UK

Registered charity 1177511 · accounts filings on the Charity Commission register

1) To advance the Buddhist faith and religion for the public benefit.2) To provide the relief of financial needs and suffering among victims of natural or other kinds of disaster in the form of money or other means deemed suitable for persons or organisations including the provision of medical aid.

Causes: Religious Activities · Other Charitable Purposes · Get email alerts

Latest income
£54k
Latest spending
£44k
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves increased to £825,985, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net surplus of £9,970 for the year, supported by total income of £53,575 against expenditure of £43,605. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.

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

What the accounts disclose

Largest income source: Donations and legacies (91% of income)
“Donations and legacies 2 48,575” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three and six month’s expenditure (held: £826k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loans from trustees
“The charity received loans from its trustees out of which £Nil (2024: £69,100) was outstanding at the year end.” — page 17
“The charity also received donations from one of its trustees of £100 (2024: £Nil).” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustee
“The charity received loans from its trustees out of which £Nil (2024: £69,100) was outstanding at the year end.” — page 17
“The charity also received donations from one of its trustees of £100 (2024: £Nil).” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan to trustee
“The charity received loans from its trustees out of which £Nil (2024: £69,100) was outstanding at the year end.” — page 17
“The charity also received donations from one of its trustees of £100 (2024: £Nil).” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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 £460k. 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: Waltham Forest

Income and spending

Financial year endIncomeSpending
29/05/2025£54k£44k
29/05/2024£102k£36k
29/05/2023£93k£38k
29/05/2022£93k£44k
29/05/2021£52k£54k

Common questions

Is CHAN KHONG MONASTERY UK financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £825,985, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net surplus of £9,970 for the year, supported by total income of £53,575 against expenditure of £43,605. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.