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

VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD

Registered charity 292304 · accounts filings on the Charity Commission register · also known as V B C LTD, VAJRA VARAHI BUDDHIST CENTRE LIMITED, VAJRAVARAHI MAHAYANA BUDDHIST CENTRE LIMITED · listed website unreachable when last crawled

Latest income
£104k
Latest spending
£84k
Registered
1985
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £20,115 for the year ended 31 December 2024, with total unrestricted funds increasing to £312,081. The trustees confirmed that the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations. No material uncertainties affecting going concern were identified in the independent examiner's report.

What the accounts disclose

Reserves policy: between three and six months of operational expenditure (held: £312k)
“The trustees have examined the requirement to maintain reserves for the ongoing work of the charity and concluded that the most appropriate level is between three and six months of operational expenditure.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Blackburn With Darwen · Lancashire · Wigan

Income and spending

Financial year endIncomeSpending
31/12/2024£104k£84k
31/12/2023£104k£81k
31/12/2022£87k£85k
31/12/2021£77k£67k
31/12/2020£81k£70k

Common questions

Is VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD financially healthy?

The accounts state that the charity reported a surplus of £20,115 for the year ended 31 December 2024, with total unrestricted funds increasing to £312,081. The trustees confirmed that the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations. No material uncertainties affecting going concern were identified in the independent examiner's report. Its FY2024 accounts were independently examined.

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
THE WINDHORSE TRUST1£34k
THE LONDON BUDDHIST CENTRE1£11k
EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE)1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION.