SAYAGYI U BA KHIN MEMORIAL TRUST
Provides facilities for the study and practice of Theravada Buddhism and Buddhist meditation in the tradition of Sayagyi U Ba Khin and Mother Sayamagyi
Financial health, per its FY2024 accounts
The accounts state that total assets were £2,303,526, with unrestricted assets of £1,559,412, which is comfortably above the required income reserve level of £115,000. The charity holds £110,000 in a property reserve for repairs and maintenance, and cash balances in the general fund were £153,175. The trustees report that systems are in place to manage risks, including monitoring reduced student numbers due to travel costs.
What the accounts disclose
“This is comforlably above the required income reserve level of f I 15,000.” — page 22
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ARABELLA LILIAN VIRGINIA DELAHUNTY
- DAVID FORBES BORRIE
- Dr Amitabh Dwivedi
- Dr CHRISTIAN KARL ERNST WUNSCHIK
- Dr WILLIAM PRUITT
- FRANZ CHRISTOF NEUNER
- JOSEPH ALOISIUS JOOSTEN
- James Harry Greenhalgh CITP MBCS
- KAYE FRANCES HULENA
- KEVIN GERALD DELAHUNTY
- KYAW KYAW CHITTIN
- NEIL PAVITT
- NICOLA SALLY NEWTON
- OLIVER WATERHOUSE
- PROF KEDAR NATH DWIVEDI
- ROY MILLMAN
- Roger Stanz Newton
- SIMON JUGHARD
- Sergiu Matei
- THERES DORA KELLER
- VIRGINIA CUNYNGHAME JUDKINS
- VLADISLAV MALCHEVSKYI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £791k | £378k |
| 31/12/2023 | £500k | £529k |
| 31/12/2022 | £635k | £460k |
| 31/12/2021 | £400k | £504k |
| 31/12/2020 | £309k | £240k |
Common questions
Is SAYAGYI U BA KHIN MEMORIAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total assets were £2,303,526, with unrestricted assets of £1,559,412, which is comfortably above the required income reserve level of £115,000. The charity holds £110,000 in a property reserve for repairs and maintenance, and cash balances in the general fund were £153,175. The trustees report that systems are in place to manage risks, including monitoring reduced student numbers due to travel costs.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WINDHORSE TRUST | 1 | £147k |
Charities like this
- THERAVADA MONASTIC TRUST
- SATIPANYA BUDDHIST TRUST
- THE THAI-BRITISH BUDDHIST (WAT MAHATHAT TEMPLE) TRUST
- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- THE BUDDHIST SOCIETY TRUST
- BIRMINGHAM BUDDHIST CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SAYAGYI U BA KHIN MEMORIAL TRUST | £791k | — | 0 | unclear | — | no doubt |
| THERAVADA MONASTIC TRUST | £1.1m | — | 0 | above | — | no doubt |
| SATIPANYA BUDDHIST TRUST | £123k | — | 0 | above | — | no doubt |
| THE THAI-BRITISH BUDDHIST (WAT MAHATHAT TEMPLE) TRUST | £152k | — | 0 | unclear | — | no doubt |
| BUDDHA LAND KADAMPA MEDITATION CENTRE LTD | £124k | — | 0 | above | — | no doubt |
| THE BUDDHIST SOCIETY TRUST | £257k | — | 0 | above | — | no doubt |