Kadampa Meditation Centre Glasgow

Scottish charity SC029515 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£130k
Latest spending
£147k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that unrestricted reserves decreased to £294,251 from £312,144 in the prior year, resulting in a net movement in funds of £(17,893). The Trustees confirm that the charity's reserves policy target of three to six months of unrestricted expenditure has been met at the balance sheet date. The charity continues to incur costs related to a property sale that has not yet completed, which has impacted overall finances.

What the accounts disclose

Related-party transaction: Loans from related charity
Included within creditors falling due within one year is other loans totalling £370,000 (2024 - £370,000) from a related charity, New Kadampa Tradition - International Kadampa Buddhist Union. — page 23
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.