THE MINDFULNESS NETWORK
Mindfulness-based supervisionMindfulness-based meditation retreatsMindfulness-based coursesMindfulness-based teacher training and professional development
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £28,353 for the year ended 31 March 2025, resulting in unrestricted reserves of £32,425. The trustees identify a material uncertainty regarding the charity's ability to continue as a going concern due to limited reserves and uncertainty over future income timing and levels.
What the accounts disclose
“The reserves policy is to build and maintain enough funds for three months of operation. As operational costs have grown so this is now approximately £70,000 so there is still some way to go to meet this target.” — page 7
“The charity is dependent on securing future funding, achieving improvements in income generated from its charitable activities and reducing its costs in order to meet its ongoing expenditure. At the balance sheet date, the charity's level of reserves is limited and there is uncertainty over the timing and level of future income. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the charity's ability to continue as a going concern.” — page 7
“During the year payments of £2,940 were made to 2 trustees for teaching, supervision and speaker fees (2024:£1,768).” — page 17
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Debbie Hu
- Dr Avinash Sopan Bansode
- Estrella Fernandez
- Nicholas Mark Hammond
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £564k | £593k |
| 31/03/2024 | £439k | £436k |
| 31/03/2023 | £409k | £421k |
| 31/03/2022 | £410k | £357k |
| 31/03/2021 | £326k | £305k |
Common questions
Is THE MINDFULNESS NETWORK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £28,353 for the year ended 31 March 2025, resulting in unrestricted reserves of £32,425. The trustees identify a material uncertainty regarding the charity's ability to continue as a going concern due to limited reserves and uncertainty over future income timing and levels. Its FY2025 accounts were independently examined.