Tara International Kadampa Retreat Centre LTD
OUR RELIGIOUS ACTIVITIES INCLUDE TEACHING MEDITATION AND PROVIDING A SPIRITUAL EDUCATION TO BUDDHISTS AND NON-BUDDHISTS AND TO CREATE A PEACEFUL ENVIRONMENT IN WHICH EVERYBODY IS WELCOME.
Objects
TO PROMOTE THE BUDDHIST FAITH OF THE NEW KADAMPA TRADITION - PRINCIPALLY THROUGH THE ACTIVITIES OF STUDY, PRACTICE,TEACHING AND THE OBSERVANCE OF MORAL DISCIPLINE BASED ON THE CONTINUOUS IMPLEMENTATION OF THE THREE NEW KADAMPA TRADITION STUDY PROGRAMMES DEFINED IN THE ARTICLES. THESE ACTIVITIES SHALL ALL BE WITHIN THE PURE TRADITION OF MAHAYANA BUDDHISM OF ATISHA AND JE TSONGKHAPA AS TAUGHT BY VENERABLE GESHE KELSANG GYATSO.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £127,944 for the year, with total unrestricted funds increasing to £962,324. The trustees' report notes that funding sources are principally received through offering courses, accommodation, donations, and operating the shop and café. The charity maintains a reserves policy to retain liquid funds equivalent to up to six months of overhead expenditure.
What the accounts disclose
“The Centre and all other Buddhist Centres of the IKBU are legally associated as members of the international Buddhist charity called 'New Kadampa Tradition - lnternational Kadampa Buddhist Union' ('the NKT-IKBU Charity')incorporated in England with company number 2758093 and charity number 1015054.” — page 6
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Louise Coward
- HEATHER CAROLYN WRIGHT
- Lorraine Adina HALLIDAY
- MONIKA ELIZABETH WORTH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £591k | £501k |
| 31/12/2023 | £510k | £508k |
| 31/12/2022 | £425k | £570k |
| 31/12/2021 | £473k | £369k |
| 31/12/2020 | £221k | £183k |
Common questions
Is Tara International Kadampa Retreat Centre LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income of £127,944 for the year, with total unrestricted funds increasing to £962,324. The trustees' report notes that funding sources are principally received through offering courses, accommodation, donations, and operating the shop and café. The charity maintains a reserves policy to retain liquid funds equivalent to up to six months of overhead expenditure. Its FY2024 accounts were independently examined.
Charities like this
- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- SAMADHI RETREAT CENTRE
- TARALOKA
- VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD
- NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION
- THE DHARMA TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Tara International Kadampa Retreat Centre LTD | £591k | — | 0 | unclear | — | no doubt |
| BUDDHA LAND KADAMPA MEDITATION CENTRE LTD | £124k | — | 0 | above | — | no doubt |
| SAMADHI RETREAT CENTRE | £238k | — | 0 | unclear | — | no doubt |
| TARALOKA | £324k | — | 0 | unclear | — | no doubt |
| VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD | £163k | — | 0 | above | — | no doubt |
| NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION | £6.0m | — | 0 | unclear | — | no doubt |