BUDDHIST COMMUNITY CENTRE KENT LTD
Palri Ling Buddhist Community Centre offers a peaceful place for worship, meditation, Dharma practice, and cultural activities. It is a sanctuary where visitors can experience Buddhist teachings, join community programmes, and enjoy a calm and spiritual environment.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a total income of £112,190 and achieved an operating surplus of £85,546 for the year ended 30 November 2024. Per the trustees' report, unrestricted reserves of £19,257 were maintained at a level equivalent to six months of expenditure, meeting the charity's stated reserves policy. The charity holds significant tangible fixed assets valued at £874,390, primarily consisting of a property purchased for conversion into a monastery.
What the accounts disclose
“the unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to six month’s expenditure.”
Property (HM Land Registry)
Trustees
- Nimtenji Sherpachair
- Bal Ram Gurung
- GOMBA SHERPA
- Golman Gurung
- Lokparsad Gurung
- PHULMAN TAMANG
- Raksha Bahadur Gurung
- Randhoj Gurung
- SHREE PRASAD LIMBU
- Sher Bahadur Gurung
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £112k | £27k |
| 30/11/2023 | £103k | £22k |
| 30/11/2022 | £263k | £13k |
| 30/11/2021 | £68k | £6k |
| 30/11/2020 | £198k | £3k |
Common questions
Is BUDDHIST COMMUNITY CENTRE KENT LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a total income of £112,190 and achieved an operating surplus of £85,546 for the year ended 30 November 2024. Per the trustees' report, unrestricted reserves of £19,257 were maintained at a level equivalent to six months of expenditure, meeting the charity's stated reserves policy. The charity holds significant tangible fixed assets valued at £874,390, primarily consisting of a property purchased for conversion into a monastery. Its FY2024 accounts were independently examined.