THE GUHYALOKA TRUST
Providing land and buildings in rural Spain as an infrastructure and support for meditative & contemplative retreat, particularly for those who wish to do so in accord with the Buddha's teaching.
Financial health, per its FY2024 accounts
The accounts state that the financial position of the charity is strong, with unrestricted reserves of £98,524 significantly exceeding the stated reserves policy target of £5,000. The charity reported a net incoming resource of £77,095 for the year, funded primarily by donations, and confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The amount to hold as a liquid reserve is currently set at £5,000, but is open to review from time to time depending on changing circumstances.” — page 4
“The consultancy fees were paid in part to the self-employed director of the retreat centre, who managed the improvements to the retreat centre, and in part to two self-employed fundraisers who helped to raise the funds via donations.” — page 10
Trustees
- Rev Dharmachari Amogharatnachair
- Sean Boland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £108k | £38k |
| 31/12/2023 | £4k | £3k |
| 31/12/2022 | £3k | £1k |
| 31/12/2021 | £1k | £5k |
| 31/12/2020 | £2k | £0 |
Common questions
Is THE GUHYALOKA TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the financial position of the charity is strong, with unrestricted reserves of £98,524 significantly exceeding the stated reserves policy target of £5,000. The charity reported a net incoming resource of £77,095 for the year, funded primarily by donations, and confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Charities like this
- THE DHARMA TRUST
- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- TARALOKA
- Tara International Kadampa Retreat Centre LTD
- LAKSHMI-NARAYANA TRUST
- THE HARI PRASAD SHASTRI CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GUHYALOKA TRUST | £108k | — | 0 | unclear | — | no doubt |
| THE DHARMA TRUST | £794k | — | 0 | unclear | — | no doubt |
| BUDDHA LAND KADAMPA MEDITATION CENTRE LTD | £124k | — | 0 | above | — | no doubt |
| TARALOKA | £324k | — | 0 | unclear | — | no doubt |
| Tara International Kadampa Retreat Centre LTD | £591k | — | 0 | unclear | — | no doubt |
| LAKSHMI-NARAYANA TRUST | £1.7m | — | 0 | above | — | no doubt |