Company Registration Number 02708323
HERUKA KADAMPA MEDITATION CENTRE
REPORT & FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Registered Charity Number 1011646

HERUKA KADAMPA MEDITATION CENTRE
CONTENTS
FOR THE YEAR ENDED 31" DECEMBER 2025
Contents
Legal & Administrative Information
page 4
Trustees Annual Report
page 5-7
Independent Examinerfs Report to the Trustees
page 8
Statement of Financial Activities
page 9
Balance Sheet
page 10
Notes to the Accounts
page 11-14

HERUKA KADAMPA MEDITATION CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31" DECEMBER 2025
The Trustees, who are also directors for the purpose of company law, have pleasure in presenting their report and
the unaudited financial statements of the charity for the financial year ended 31 December 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty Name
Heruka Kadampa Meditation Centre
Company Registration Number
02708323
Registered Charity Number
1011646
Reglstered Office
13 Woodstock Road
London
NWII 8ES
England
Trustees
The trustees who Se￿ed the charity during the period were as follows..
Lisa Marie Devine
Douglas Robb
David Reed
Secretsry
Robert Dennis
Bankers
HSBC
26 Broad Street
Reading
Berkshire
RGI 2BU
Independent Examiner
Community 360
Winsley's HoLsse
High Street
Colchester
Essex
COI IUG

HERUKA KADAMPA MEDITATION CENTRE
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31" DECEMBER 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing Document
The Charity is constituted as a company limited by guarantee under the Companies Att and governed by its
memorandum and Articles of Association and is also a registered charity.
Trustee Recruitment and Training
Of the three Trustees, two elected Trustees are recruited from within the centre or from other similar centres so
that they have knowledge and understanding of the charity's aims and workings. To be elected or appointed as a
Trustee, the nominee must be a member of the charity and are elected by members at the Annual General Meeting
or by the Trustees when the need arises according to the Articles of Association. The third Trustee is an ex-officio
Trustee, by virtue of them being the Administrative Director of a centre specified in the Articles of Association. Each
new Trustee 15 guided by the current trustees and other member5 Qf the organisation, in particular the
Administrative Director and Resident Teacher, who have vast experience within the organisation.
Related Charities
The charity is a member of the New Kadampa Tradition- International Kadampa Buddhist Union I'NKT-IKBU'I,
which is made up of many centres throughout the world with the same objects, however they are all independent
charities linked only by their objects and there is no financial dependency although funds may pass between centres
to fulfil aims and objectives.
OBJEcfivES AND AcfiviTIES
Objerts
The objects of the charity are to promote the Buddhist faith under the spiritual guidance of the elected Spiritual
Director of the NKt-IKBU principally through activities of teaching, study, practice and the observance of moral
discipline all within the Mahayana Buddhist Tradition of Atlsha and Je Tsongkhapa, as taught by Venerable Ge5he
Kelsang Gyatso Rinpoche, the founder of the NKT-IKBU through the continuous implementation of the three NKT
study programmes- the General Programme, Foundation Programme and Teacher Training Programme.
Aims and Artivities
The charity aims to provide facilities to enable students to study, prartice and observe the moral discipline as set out
in the objects and this has been achieved so far by establishing the centre at Woodstock Road, London. The charity
also holds numerous branch classes across London to provide teachings and insight to whomever wishes to attend.
Volunteers
The charity ha5 many volunteers from the local community, who are essential for the running of the charity and are
involved in all aspects of it. We also offer wider opportunities to volunteer through volunteering visits.

HERUKA KADAMPA MEDITATION CENTRE
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31" DECEMBER 2025
Public beneflts
In exercising their powers and duties, the trustees have had due regard to the guidance on public benefit published
by the Charity Commission. They believe that the work of the tharity in promoting the Buddhist faith has clearlv
identifiable benefits. The charity believes that there are three important public benefits to promoting the Buddhist
faith- to help people to develop their wisdom. to cultivate a good heart, and to maintain a peaceful mind. If we
increase our wisdom, we will overcome the problems of our daily life, improve our relationships with others, and
become of real benefit to a tToubled world.
Benefit to the public
The charity offers regular courses in Buddhist philosophy, psycholoBY and meditation, bringing personal and social
benefit. These courses are accessible to the public for modest fees and everybody is welcome- Buddhist and non-
Buddhist. The more advanced courses of instruction require a greater commitment of personal time from
participants. The charity also maintains a year-round programme of prayers and meditation, again open to the
public.
ACHIEVEMENTS AND PERFORMANCE
Heruka Kadampa Meditation Centre (Heruka KMCI continued to provide Kadam Dharma to the people of London
through the three programmes.. General Programme, Foundation Programme and Teacher fraining Programme.
During the year, numerous day and weekend courses at Heruka KMC were provided which were well attended. The
Foundation Programme and the Teacher Training Programme continued and were also well attended.
FINANCIAL REVIEW
The financial position in 2025 showed a surplus of £92,975 compared with £83.237 in 2024.
RESERVE5 POLICY
The Trustees consider that the level of free reserves should be retained in liquid funds equivalent to cover up to six
months overhead expenditure. These reserves are to be held in order to maintain the basic operations of the charity
and to provide some surety against adverse financial events, such as income targets not being achieved or
unexpected expenditure.

HERUKA KADAMPA MEDITATION CENTRE
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31" DECEMBER 2025
Statement of Directors, and Trustees, Responsibilitie5
The trustees Iwho are a550 the dirertors of the Heruka Kadampa Meditation Centre for the purposes of company
lawl are responsible for preparing the Annual Report and the financial statements in accordance with applicable law
and regulations.
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affairs of the charity and of the incoming resources and application of resources,
including the income and expenditure of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
select the most suitable accounting policies and apply them consistentlv*
observe the methods and principle5 in the Charities SORP,.
make judgements and estimates that are reasonable and prudent- and
prepare the financial statements on a going concern basis unless It is not appropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disc105e with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable Steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on
the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial
statement5 may differ from legislation in other jurisdictions.
Approved by the trustees on OÉ
t& and signed on their behalf bv-
Signed on behaSf of the Trustees..
Douglas Robb

HERUKA KADAMPA MEDITATION CENTRE
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31" DECEMBER 2025
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31
December 2025
Responsibilities and basls of report
The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 20061"the 2006 Act").
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16
of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's
accounts as carried out under section 145 of the Charities Act 20111"the 2011 Act"). In carrying out my examination,
I have followed the Directions given by the Charity Commission (under section 14515llbl of the 2011 Act.
Independent examinerfs Statement
Since the charity'5 gross income exceeded £250,000, I can confirm that l am qualified to undertake the examination
by virtue of being a Fellow Member of the Institute of Chartered Secretaries and Administrators IICSAI, which is one
of the listed bodie5.
I have completed my examination. I confirm that no material matters have come to my attention which gives me
cause to believe that-
accounting records were not kept in accordance with section 386 of the Companies Act 2006,. or
the accounts do not accord with such records,. or
the accounts do not comply with the relevant accounting requirements under section 396 of the Companies
Act 2006 other than any requirement that the accounts give a 'true and fair, view which 15 not a matter
considered as part of an independent examination,. or
the account5 have not been prepared in accordance with the Charities SORP IFRS1021.
I 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 order to enable a proper understanding of the accounts to be reached.
Community 360
Winsley's House, High Street, Colchester, Essex
Date
J Zoz6

HERUKA KADAMPA MEDITATION CENTRE
STATEMENT OF FINANCIAL AcfiviTIES {including Income and Expenditure Account)
FOR THE YEAR ENDED 31" DECEMBER 2025
Notes Unrestricted
Restrirted
Total Funds
Total 2024
Income and endowmentsfrom:
Donations and legacies
Charitable activitie5
Investment income
43,333
321.429
43,333
321,429
18,703
292,170
805
Total incoming resources
365,885
365,885
311,678
Resources expended:
Charitable Octivities
272 910
272 910
228 441
Total Resources expended
272,910
272,910
228.441
Net movement In funds
Transfer between fund5
Funds at I" January 2025
Funds at 31 December 2025
1936 483
2 029 458
1936 483
2 029458
1853 246
1936 483
The statement of financial activities includes all gains and losses recognised in the two year5.
All amounts relate to continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.
The notes on pages 11- 14 form part of these Accounts.

HERUKA KADAMPA MEDITATION CENTRE
BALANCE SHEET
AS AT 31" OECEMBER 2025
Note
2025
2025
2024
2024
Fixed Assets
Tangible Assets
3,194,193
3,194,193
Current Assets
Debtors
Cash at bank and in hand
Stock
1,392
91,909
5,302
66,262
95,850
73,461
Creditors:
Amounts falling due within one year
io
198,8051
197,6661
Net current assets/(liabilities}
Total assets less current liabilities
3,191,238
3,169,988
Creditors: amounts falling due after one year 10
Net assets
1161780
2 029 458
1233 505
1936 483
Funds
Unrestricted
Restricted
2.029,458
1,936,483
Totsl Funds
2 029 458
1936 483
For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the
Companies Act 2006. The members have not required the company to obtain an audit in accordance with settion
476 ofthe Companies Att 2006.
The director5 acknowledge their responsibility for complying with the requirements of the Act with respect to
accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small
companies. regime.
rhe direttors declare that they have approved the accounts above.
Signed on behalf the trustees-
Douglas Robb
V IfknL
Date tr
io

HERUKA KADAMPA MEDITATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" DECEMBER 2025
1. Statement of accounting policie5
Basi5 of accounting
The financial statements have been prepared in accordance with the tharitable company's memorandum and
article5 of association. the Charities Act 2011 and ' Accounting and Reporting by Charities: Statement of
Recommended Practice- Accounting and Reporting by Charities ISORP IFRS1021, second edition issued in January
20191" the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies
Act 2006.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised
at historical cost or transaction value unless otherwise stated in the relevant accounting policy note5.
Cash flow
The financial statements do not include a cash flow statement because the charitV* as a small reporting entity, is
exempt from the requirement to prepare such a statement under Financial Reporting Standard I "Cash flow
statements."
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the
income and the amount can be quantified with reasonable accuracy.
Investments income consists of bank interest received within the year.
Resources expended
All expenditUTe is accounted foT on an accTua15 b3515 and is Tecugni5ed when there 15 a legal Dr constructive
obligation to pay. Expenditure has been classified under headings that aggregate all costs related to the category.
Costs classified as governance cost5 relate to costs incurred in connection with constitutional, audit and other
statLStory requirements.
Going concern
These accounts have been prepared on a going concern ba515. dependant on the ongoing 5UPPOrt of the bank.
Funds
The charity maintains a general unrestricted fund which represents funds whith are expendable at the discretion of
the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working
capital and capital investment.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of
trustees to carefully monitor the application of those fL¢nds in accordance with the restrictions placed upon them.
Fixed assets
Tangible fixed assets are stated at cost lor deemed c05tl less accumulated depreciation. Depreciation is provided on
all tangible fixed assets, at rates calculated to write off the cost, less estimated residu31 valLJe, of each asset on a
Svstematic basis over their expected useful lives as follows..
Freehold Property
Fixtures and fittings
IO% reducing balance or balance of useful life.
li

HERUKA KADAMPA MEDITATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" DECEMBER 2025
Taxation
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and
gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company and is
therefore included in the relevant costs in the Statement of Financial Activities.
2. Voluntary Income
Unrestricted
Restricted
Total
Total
2025
2025
2025
2024
Donations
3. Investment income
Unrestricted
2025
Restricted
20Z5
Total
2025
Total
2024
Interest receivable
1,123
1,123
805
4. Income frorn charitable activitles
Unrestrirted
2025
Restrirted
2025
Total
2025
Total
2024
Courses and study programmes
Accommodation
Bookshop
84,334
234,461
84,334
234,461
59,361
231,159
321429
321429
292 170
5. Costs of charitable artivitie5
Unrestricted
Restrirted
2025
Total
2025
Total
2024
2025
Courses and study programmes
Accommodation
Finance costs (note 61
Bookshop
Governance costs
Support costs
55,108
141,508
58,736
2,263
634
55108
141,508
58,736
2,263
634
16,175
132,806
71,318
1,190
1,161
272 910
272 910
12

HERUKA KADAMPA MEDITATION CENTRE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31" DECEMBER 2025
6. Finance costs
Unrestrirted Restricted
2025
2025
Total Funds
2025
Total Fund5
2024
Interest payable
Bank charges
57,441
57,441
70,642
676
7. Net Income for the year
This Is stated after charging=
Totsl
2025
Total
2024
Independent Examiners Fees
634
1,161
8. Tanglble Fixed Assets
Freehold
Fixt&Fittings
Total
Cost or valuation
At I" January 2025
Disposals
At 31" December 2025
3,194,193
24,644
124.6441
3,218,837
124,644}
3,194,193
3,194,193
Depreciation
At I" January 2025
Charge for the year
At 31" December 2025
24,644
124,6441
24,S44
124,644)
Net book value
At 31" December 2025
At 31" December 2024
3,194,193
3,194,193
3,194,193
3,194,193
NBV of tsngible fixed assets
2025
2024
13 Woodstock Road
11 Woodstock Road
17 Woodstock Road
871,048
1,223,145
I,ioo,000
871,048
1,223,145
I,ioo,000
13

HERUKA KADAMPA MEDITATION CENTRE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31" DECEMBER 2025
9. Debtor5
2025
2024
Prepayment
Accrued Income
Other debtors
295
848
249
4.540
612
150
10. Creditors: amounts falling due within a year
2025
2024
Bank loans and overdrafts
Deferred Income
Trade creditor5
Accruals
Deposits
73,725
5,800
304
3,951
67,219
12,486
3,361
Creditors falllng due after more than one year
2025
2024
Bank loan5 and overdrafts
Other long-term loans
800,780
361000
1 161780
872,505
361000
1233 505
The bank loans totalling £871,50512024- £936,724) are secured by a charge over the charity's 3 freehold propertie5.
11. Trustee remuneration and related party transactions
None of the trustees has been paid any remuneration or received any other benefits from an employment with this
charity or a related entity. None of the trustees has been paid any expenses in the current year.
There were no other related party payments in either the current or prior years.
12. Staff costs
The average monthly number of employees during the year was I (prior year: 11. No employee received
remuneration exceeding £60,000 during the year.
14