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.
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
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.
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- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- TARALOKA
- VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD
- NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION
- THE DHARMA TRUST
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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 |
| TARALOKA | £324k | — | 0 | unclear | — | no doubt |
| VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD | £163k | — | 0 | unclear | — | no doubt |
| NEW KADAMPA TRADITION - INTERNATIONAL KADAMPA BUDDHIST UNION | £6.0m | — | 0 | unclear | — | no doubt |
| THE DHARMA TRUST | £794k | — | 0 | unclear | — | no doubt |