REGISTERED COMPANY I¥UMBER: 02664223 (England and Wales)
REGISTERED CHARITY NUMBER:
Re
rt of the Trustees &nd
Unaudited Ffinancial StAtements
for the Year Ended 31 December 2023
for
Kadam
Medilation Centre Sbeffield
Wilson Howe Limited
Chartered Aceountantg
212A Bocking Lane
Greenhill
Sheffield
Yorkshire
S8 7BP

Kadam
a Medltatlon Centre Sheffield
Contents of the Financial Statements
for the Year Ellded 31 December 2023
Page
Report of the Trustees
Independent Examlner's Report
Statement of Financial Activities
Balance Sbeet
5 to 6
Notes to the Flnaneial Statements
7 to 11
Detailed Statement of Financial Activities
12 to 13

Kadam
Meditation Centre Sheffleld
or¢ of the Trustees
for the Y¢¥r Ended 31 Dee¢mb¢r 2023
Th¢ trustees who are also directors of the charity for th¢ purposes of the Compankes Act 2006, present thcir report with
the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of
Accounting and Reporting by Charities.. Statement of R¢¢ommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicabl¢ in the UK and R¢public of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and 2in)s
The principal activity of th¢ charity is to promot¢ the Buddhist faith through the activities of t¢aching, study. practice
and observance of moral discipline all within the Buddhist trddition of Je Tsongkhapa.
ACHIEVEMENT AND PERFORMANCE
Charitable Aetlvltles
The Trust¢es consider the financial results set out in the accounts to be satisfactory.
FINANCtAL REVIEW
Reserves pollcy
The re¢￿￿]ng l¢v¢l of incoming resourc¢s is sufficient to ¢over norn]al charitabl¢ expenditure. How¢v¢r. th¢ Tnjstees
are mindful of the age of the propety that the Charity owns and th¢ n¢¢d to have adequate funds available to cover
ture repairs and renovations.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a d¢ed of trust, and constitutes a lirnited company, limited by
guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02664223 (Englalld and Wales)
Registered Charity number
Registered offlce
685-691 Eccl¢sall Road
Sh¢ffield
SII8TG
Trustees
K Seneviratne-wheatley (resigned l.1.23)
E E Williams (Tesigned 31.12.23)
J J Andrews (resign¢d 31.12.23)
T Givnan (appointed 27.1.24)
B Griffiths (appointed 27.1.24)
L Devine (appointed 8.12.23)
Company Secretary
Miss C O'Donoghue
Independent Examiner
Matthew Howe
Wilson Howe Limited
Chartered Accountants
212A Bocking Lane
Greenhill
ShetTield
Yorkshire
S8 7BP
Page I

Kadam
Medltatlon Centre Sheffield
Re ort of the Trustees
for the Year Ended 31 December 2023
This r¢port has b¢en prepared in accordanc¢ with thc special provisions of Part 15 of the Companics Act 2006 r¢lating
to small compallies.
Approved by order of the board of trustees on 23 September 2024 and signed on its behalf by..
T Givnan- Trust¢¢
Page 2

Inde endent Examlnerls Re
r¢ to the Trustees of
Kadam a Meditation Centre Sheffield
Independent examlner's report to the trustees of Kadampa Medltadon Centre Sheffield {'the Company,)
I report to the charity trllslees on my examination of the accounts of the Company for the year ended 31 Dec¢mb¢r 2023.
Responsibllities and basis of report
As thc charity's trustees of the Company (and also its dire¢tOTS for the purposes of company law) you are rcsyonsiblc for
the preparation of th¢ accounts in accordan¢¢ with the rcquircmcnts of th¢ Con]panics Act 2006 ('the 2006 Act).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligiblc for independent ¢L2mination, I report in rcsp¢¢t of my exatllination of your charitys accounts as carried
out under Section 145 of th¢ Charities Act 2011 ('th¢ 2011 Act). In carrying out my examination I have followed the
Directions given by the Charity Commission under Section 145(5) (b) of the 201 l Act.
Independent examiner's statement
I have completed my examination. I confinn that no matters have com¢ to my attention in connection with ihe
e￿lmI￿tiOn giving me cause to b¢li¢v¢:
accounling records were not kept in rcspcct of the Company as requtred by Se¢tion 386 of the 2006 Act. or
the accounts do not accord with those records- or
th¢ i￿coUllts do not comply Thith the accounting r¢quiTL"n]cnts of Section 396 of the 2006 Art other than any
requirement that the accounts give a true and fair view which is not a mattcr considered as part of an indcpendLYIt
cxamination. or
the accounts have not been preparcd in accordance with th¢ methods and principles of ihc Statement of
Recommended Practice for accounting and reporting by charities (appli¢abl¢ to charitics preparing their accounts
iu accordance with the Financial Reporting Standard applicabl¢ in the UK aud Republic of Ireland (FRS 102)).
J have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report in OTder to enable a proper uThderstanding of the accounts to be Teaehed.
Matthew Howe
The Institute of Chartered Accountants in England and Wales
Wilson Howe Limited
Chartered Accountants
212A Bocking Lane
Greenhill
Sheffield
Yorkshire
S8 7BP
23 September 2024
Page 3

Kadam
Meditation Centre Sheffleld
Statemenl of Flnanclal Aetlvltles
for the Year Ended 31 December 2023
31.12.23
Total
funds
31.12.22
Total
funds
Unrestri¢t¢d
flmd
R¢stri¢frd
fimds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,483
2,307
3,790
1,866
Charltable actlvltles
Fees and courses
26,1153
26,053
24.741
Other trading activities
Investment income
62,909
210
62,909
210
63,756
14
Total
90,655
2,307
92,962
90.377
EXPENDITURE ON
Raising funds
2,494
2,494
25,418
Charitable activities
Adminiqtration Costs
Property
64,150
1260
65,410
52.422
5.541
Total
66,644
1,260
67.904
83,381
NET INCOME
Transfers between funds
24,011
{2,100)
1,047
2,IIM)
25,058
6.996
li
Net movement in funds
21,911
3,147
25.058
6.996
RECONCILIATION OF FUNDS
Total ti￿dS brought forward
707,168
707,168
700,172
TOT AL FUNDS CARRIED FORWARD
729,079
3,147
732,226
707,168
The notes forni part of these financial statements
Page 4

Kadam
Meditation Centre Sheffield
Balance Sheet
31 DeLember 2023
31.1223
Total
funds
31.12.22
Total
funds
Unrestricted
fund
Restricted
funds
Notes
FTXED ASSETS
Tangible assets
920,926
9211,926
920,926
CURRENT ASSETS
Siocks
Cash at bank and in hand
2.575
16,767
2,575
19,914
2.575
6,106
3,147
19J42
3,147
22,489
8,681
CREDITORS
Amounts falling due within one year
{22,11)9)
(22,109)
(18,488)
NET CURRENT ASSETS
(2,767)
3,147
380
(9,807)
TOTAL ASSETS LESS CURRENr
LIABILITtES
918,159
3,147
921 J06
911,119
CRED￿oRs
Amounts falling due after more than one year
(189,080)
(189,080)
(203.951 }
NET ASSETS
729,079
3,147
732,226
707,168
Unrestricted tsnds
Restricted funds
729,079
3,147
707,168
TOTAL VUNDS
732,226
707,168
The charitable company is entitled to exemption from audit under Se¢tion 477 of the Companies Act 2006 for the year
ended 31 DL¢etnber 2023.
The membcrs have not requircd the company lo obtain an audit of its financial statemenLs for the year ¢nded
31 December 2023 in accordance with Section 476 of the Companies Act 2006.
Th¢ ttvstees acl(nowledge their responsibilities for
(a)
ensuring that the charitsble company keeps accounting records that comply with Sections 386 and 387 of the
Compiinies Act 2006 and
prcparing financial st(ItLrynents which givc a true and fair view of the state of affairs of the charitable company as
at thc cnd of eitch fmancial year and of its surplus or deficit for eacb financial year in aLCOTdance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.
(b)
The notes forni part of these financial ststements
Page 5
continued...

Kadam
M¢ditatlon Centre Sheflleld
Balance Sheet- contlnued
31 December 2023
These financial ststemellts have been pr¢par¢d in accordanc¢ with the provisions applicable to charitable compaDies
subJ￿t to th¢ small companies regime.
Th¢ financial statemenis were approved by the Board of Trustees and authorised for issue on 23 September 2024 and
were signed on its behalf by".
T Givnan - Trustee
The notes forni part of these financial statements
Page 6

Kadam a Medftation Centre Sh¢ffleld
Notes to ihe Flnancial Statements
for the Year Ended 31 December 2023
ACCOUNTING POLlCtES
Basis of preparlng the flnanclal statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102. have been
prepared in a¢cordan¢¢ with the Chariti¢s SORP (FRS 102) 'Accounting and R¢portAng by Charities: Statement
of ReconMneDded Practice applicable to charities pr¢paring their accounts in accordauce with th¢ Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and th¢ Cotnpallies Act 2006. The financial stat¢m¢nts have been prepared under th¢ historical cost
conveiition.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fimds, it
is probabl¢ that the income will b¢ r¢¢¢iv¢d and the amount Can b¢ measured reliably.
Expenditure
Liabilities ar¢ recognised as expenditure as soon as ther¢ is a legal or constNctive obligation committing tbe
chaTity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified und¢r h¢adings that aggregate all cost related to the category. Where costs camiot be directly
attributed to particular headings tbey have be¢n allocated to activities on a basis consistent with the use of
resources.
Tangibl¢ tlxed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Cafe equipment
Motor vehicles
Computer equipment
25 % on reducing balance
250/0 on cost
330/0 on Cost
Freehold prop¢ty and subsequent improvement costs are stated at historic cost. No depreciation is provided on
the prop¢rty as the Charity undertakes a regular programme of improvement and maintenance to preserve the
asset.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
Taxatlon
The charity is exempt from co￿oratiOn tsx on its charitable activities.
Fulld accounting
Unrestrict¢d funds Can Ix used in accordance with the clwitable objectives at the discretion of tbe trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpos¢ of each ￿nd is included in the notes to the financial statements.
Page 7
continued...

Kadam
a Medltation Centre Sheffjeld
Notes to the Finamcial Statem¢nts- contlnued
for the Year Ended 31 Deeember 2023
OTItER"fRADtNG ACI"IVI'I"ILS
31.12.23
31.12.22
Shop and ¢af¢ incom¢
Accommodation
Short stay accommodation
3,785
44I62
14,262
26,499
32,899
4,358
62,909
63.756
INVESTMENT INCOME
31.12.23
31.12.22
Deposit account interest
210
14
TRUSTEES, REMUNERATION AND BENEFITS
There w¢r¢ trustrcs, Temuneration or othcr bcnefits for the year end¢d 31 Dcc¢n]bcT 2023 nor for the year
ended 31 Deccmber 2022.
Trustees, expenses
ThL"rc were no trustees, expcnscs paid for the year ended 31 December 2023 nor foT the year ended
31 December 2022.
TANGIBLE FIXED ASSETS
Jmprovements
to
propety
Freehold
property
Cafe
equipment
COST
At l January 2023 and 31 Decenthr 2023
753,140
167,786
13,815
DEPRECIATIOI44
At l January 2023 and 31 December 2023
13.815
NET BOOK VALUE
At 31 Decemb¢r 2023
753,140
167,786
At 31 December 2022
753,140
167,786
Motor
v¢hicle5
Computer
equipmenl
Totals
COST
At l January 2023 and 31 December 2023
1,650
2,103
938,494
DEPRECL4TION
At l January 2023 and 31 December 2023
1,650
2,103
17,568
NET BOOK VALUE
At 31 December 2023
920,926
At 31 December 2022
920.926
Page 8
continued...

Kadam
a Meditation Centre Sheffleld
Notes to the Finanelal Statements- ¢ontinued
for the Year Ended 31 De¢ember 2023
STOCKS
31.12.23
31.12.22
Stocks
2,575
2,575
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Bank loans and overdrafts (see not¢ 9)
Oth¢r koans (see note 9)
Oth¢r creditors
Ac¢ru¢d ¢xpens¢s
14,424
5,996
1,041
648
14,424
2,696
720
648
22,109
18,488
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23
31.12.22
Bank loans (s¢¢ notc 9)
Other loans (see noLc 9)
24,080
165,000
38,951
165,000
189,080
203,951
LOA]YS
An analysis of the maturity of loans is given below..
31.12.23
31.12.22
Amounts falling du¢ within onc year on demand..
Bank loans
OtheT loans
14,424
5,996
14.424
2,696
20,420
17,120
Amounts falling between on¢ and two years;
Bank loans - 1-2 years
Otbcr loan
14,424
165,000
14,424
165,000
179,424
179,424
Amoullts falling due between two and five years:
Bank I0￿S - 2-5 years
9,656
24,527
Page 9
continued...

Kadam a Medllation Centre Sheffleld
Notes to the Financial Statements- contlnued
for the Year Ended 31 December 2023
10.
SECURED DEB'I'S
The following secured debts are included within creditors:
31.12.23
31.12.22
Bank loans
38,504
53,375
The bank borrowings are secur¢d by a legal mortgage dated 7 April 2005 over the freehold propety knowll as
685-691 Ecclesall Road, Sheffield.
MOVEMEiYf IN FUNDS
Net
mov¢nL¢nt
in funds
Transfers
bctween
funds
At
3 1112123
At 111123
Unrestrleted funds
General fund
707,168
24,011
(2,100)
729,079
Restricted funds
M¢dication chairs and carpet
Education computer for online streaming
2,100
2,IlJ
1,047
1,047
I,IM7
2,100
3,147
TOTAL FUNDS
707,168
25,058
732,226
Net movernent in funds. included in the above are as follows:
IncoEning
resources
Resourccs
expended
Movement
in funds
Unrestrieted funds
General fijnd
90,655
(66,644)
24,011
Restricted funds
Education cornputer for online streamillg
Gas utility costs
1,047
1,260
1,047
(1.260)
2J07
(1,260)
1,047
TOTAL FUNDS
92,962
(67,904)
25,058
Page 10
continued...

Kadam a Meditation Centre Sheffield
Notes to the Financial Statements- continued
for the Year Ended 31 December 2023
li.
MOVEMENT IN FUNDS - contlnued
Comparatives for movement In funds
Net
mov¢m¢nt
in funds
At
31112122
At 111122
Unre$trlcted funds
Gcucrdl fund
700.172
6,996
707,168
TOTAL FUNDS
700.172
6,996
707.168
Comparative net m0Ven￿nt in fijnds, includ¢d in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
G¢n¢rdl fund
90,377
(83,381)
6,996
TOTAL FUNDS
90,377
(83,381)
6,996
12.
RELATED PAR'fY DISCLOSURES
There were DO related paty transactions for the year ended 31 Decenther 2023.
Pagell

Kadam a Medltatlon Centre Sheffleld
Dctalled Staten￿llt of Financlal Activlties
for the Year Ended 31 De¢ember 2023
31.12.23
31.12.22
INCOME AND EIYDOWMENTS
Donations and leg#eies
Donations
3.790
1,866
Other trading 8ctiTrities
Shop and cafe income
Accommodation
Short stay a¢commodation
3.785
44,862
14,262
26,499
32,899
4,358
62,909
63,756
Investment income
Deposit account interest
210
14
Charitable actlvities
Fees and courses
26,053
24,741
Total incoming resources
92,962
90,377
EXPENDITURE
Other tradillg activities
Shop and cat.e
2.494
25,418
Charltable activitles
Rates and water
Insurance
Utilities
Telephone
Office costs
Publicity
Motor and travel
Kitchen and household
Education
Sponsorship
R¢pairs and ren¢wa15
5,503
2,734
22,289
851
1,256
5,541
2,331
13,661
582
2,819
1,342
320
9,570
5,684
6,200
7,614
106
6,713
7,127
4,915
4,997
56,491
55.664
Support costs
Management
Legal fees
6,047
Finance
Bank charges
Bank loan interest
79
2,115
1,651
2,194
1,651
This page does Dot form part of the ststutory financial statements
Page 12

Kadam a Modltation Centre Shefflcld
Detafiled StatenK'nt of Financial Actlvltlcs
for the Year Ended 31 Deeember 2023
31.12.23
31.12.22
Finance
Governance costs
Accountancy and legal fees
678
648
Total resources expended
67,904
83.381
Net income
25,058
6.996
This page does Dot forni part of the statutory financial statements
Page 13