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SANG-NGAK-CHO-DZONG

Registered charity 1181153 · accounts filings on the Charity Commission register

The charitable purposes of the Charity are to advance the Vajrayana Buddhist religion, in particular but not exclusively the Aro Lineage of the Nyingma tradition of Tibetan Buddhism. Its activities include running a retreat centre, supporting teaching events, promoting the non-monastic ordained Ngak'phang tradition in the West, supporting Tibetan Lamas in exile.

Causes: Religious Activities · website · Get email alerts

Latest income
£88k
Latest spending
£108k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £20,619 for the year, resulting in a decrease in total funds from £731,368 to £710,749. The trustees confirmed the charity is a going concern with sufficient resources to continue operations for at least 12 months, despite acknowledging a potential short-term operational loss due to necessary maintenance investments. Free unrestricted reserves stood at £21,485, which the trustees noted would be insufficient to cover staff costs if all other funds were depleted.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: Under £60,000
“No employee received emoluments of more than £60,000” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: two years’ worth of essential expenditure (held: £21k)
“The policy is to aim to have two years’ worth of essential expenditure in reserve.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

1 registered titlein England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £675k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£88k£108k
31/12/2023£73k£83k
31/12/2022£99k£99k
31/12/2021£55k£61k
31/12/2020£51k£63k

Common questions

Is SANG-NGAK-CHO-DZONG financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £20,619 for the year, resulting in a decrease in total funds from £731,368 to £710,749. The trustees confirmed the charity is a going concern with sufficient resources to continue operations for at least 12 months, despite acknowledging a potential short-term operational loss due to necessary maintenance investments. Free unrestricted reserves stood at £21,485, which the trustees noted would be insufficient to cover staff costs if all other funds were depleted. Its FY2024 accounts were independently examined.

What does the highest-paid employee of SANG-NGAK-CHO-DZONG earn?

Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.