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.
Objects
TO PROMOTE THE ADVANCEMENT OF HE BUDDHIST RELIGION BY IN PARTICULAR:- (I) TO ENCOURAGE MEMBERS AND OTHERS TO LIVE IN ACCORDANCE WITH THE TEACHINGS OF THE BUDDHA; (II) TO ESTABLISH AND MAINTAIN A RETREAT CENTRE; (III) TO MAINTAIN CLOSE COMMUNICATIONS WITH AND WORK UNDER THE GUIDANCE OF THE WESTERN BUDDHIST ORDER AND TO CO-OPERATE WITH OTHER GROUPS WITH THE SAME OBJECTS.
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
Corporate structure
- Registered company of the charity Companies House 02448092 · Financial health read from its filings
- Turnover: £156k
- Profit/loss before tax: £116k
- Equity: £214k
Company officers (Companies House)
- BOLAND, Sean on trustee list
- AMOGHARATNA, Dharmachari on trustee list
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 FOREST HERMITAGE TRUST
- THE DHARMA TRUST
- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- TARALOKA
- Tara International Kadampa Retreat Centre LTD
- LAKSHMI-NARAYANA 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 FOREST HERMITAGE TRUST | £103k | — | 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 |