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

THE LONDON BUDDHIST CENTRE

Registered charity 255420 · accounts filings on the Charity Commission register · also known as FRIENDS OF THE WESTERN BUDDHIST ORDER

Latest income
£2.0m
Latest spending
£2.1m
Registered
1968
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a consolidated deficit of £136,908 for the year ended 31 March 2025, reducing total funds to £4,352,995. Per the trustees' report, unrestricted reserves are managed with a policy target of maintaining general funds between two and six months of expenditure, with the actual general unrestricted fund standing at £348,290 at year-end. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: two to six months of expenditure (held: £348k)
“It is intended that the General fund will be maintained between a lower level equal to two months’ expenditure of the Charity and an upper level of six months' expenditure” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP.

Public fundraising profile: JustGiving — London Buddhist Centre (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£2.1m
Cost of raising funds
£603k
Reserves (reported)
£589k
Employees
47

Reported reserves equal ~3.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Essex · Kent · Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£2.1m
31/03/2024£2.0m£1.9m
31/03/2023£2.2m£1.7m
31/03/2022£1.5m£1.4m
31/03/2021£1.2m£974k

Common questions

Is THE LONDON BUDDHIST CENTRE financially healthy?

The accounts state that the charity achieved a consolidated deficit of £136,908 for the year ended 31 March 2025, reducing total funds to £4,352,995. Per the trustees' report, unrestricted reserves are managed with a policy target of maintaining general funds between two and six months of expenditure, with the actual general unrestricted fund standing at £348,290 at year-end. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Saffery LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE INTERNATIONAL BUDDHIST RELIEF ORGANISATION (I B R O)1£284k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK.