REGISTERED COMPANY NUMBER: 02527115 (England and Wales) REGISTERED CHARITY NUMBER: 1019101
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2024
for
INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Hayvenhursts Fairway House Links Business Park St Mellons Cardiff CF3 0LT
INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 13 |
| Detailed Statement of Financial Activities | 14 |
INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's objectives and aims are to promote, advance and maintain the Dzogchen teachings and practice in Buddhist and other forms throughout the UK and elsewhere and to promote greater understanding of Tibetan culture and traditions according to the teaching and spiritual guidance of Namkhai Norbu Rinpoche and his nominated successors and specifically his son, Namkhai Yeshi
Significant activities
The main activities of the Charity are to administer membership; to maintain and develop our retreat centre, Kunselling, which is located in mid-Wales and Lekdanling, our centre in London; to organise and run a programme of teaching and practice events; to run a bookshop for teaching and practice texts and practice materials for community members and to raise funds for the community and related organisations.
Volunteers
The Community is entirely run by volunteers, including the Trustees and others within the Community who give their time to support the activities of the Community.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our charitable activities in 2024 included an increased number of well-attended teaching retreats and other events at Kunselling, our centre in mid Wales. The practice retreats were led by teachers both from the UK and from abroad and karma yoga activities were organised that bring members together to work on the maintenance and improvement of the premises. Practices and events also took place at Lekdanling, our centre in London, with most taking place in the evenings and at the weekend.
Fundraising activities
Our fundraising efforts during 2024 were again more successful than expected and resulted in a better-then-projected income. This follows a similar success in 2022 and 2023. However, the 2024 surplus was negated by a significant payment in January to an affiliated organisation in Italy. The payment was originally intended to be transferred in December 2023 rather than January 2024. The delay resulted in a positive net income in 2023 and a net loss in 2024. If the transfer had completed in December 2023, both years would have resulted in a modest profit.
Across the two years this represents a very good outcome and is an attestation to the fundraising work of members who organise our events together with our membership secretary and the work of the Lekdanling management team who also raise funds, including the ongoing rental agreement which continues to provide a degree of financial stability.
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE
Internal and external factors
The mortgage for our centre in Wales was finally and fully repaid in May 2024, which was celebrated by the community, and which means our only debt is the mortgage for our centre in London. Additionally, we have improved the governance aspects of the charity by updating various policies and undertaken a complete review of our health and safety procedures and documents.
FINANCIAL REVIEW
Principal funding sources
The principal funding sources are membership income, gift aid on eligible membership payments and donations, income from events, income from the bookshop and income from the day-time rental of our space at Lekdanling in London.
FUTURE PLANS
The gradual increase in membership that we saw in 2023 was continued in 2024, largely thanks to the impetus in new membership that followed the teaching retreats given by Namkhai Yeshi, son of Namkhai Norbu Rinpoche. These retreats will be given more frequently going forward and we hope they will continue to generate enquiries from potential new members.
The membership income combined with income from events and the income from the rental of Lekdanling means that we were in a position to afford the mortgage payments on our two centres. However, the ongoing increases in interest rates and their impact on our interest payments for Lekdanling in London mean we have to keep a tight rein on expenditure. Meanwhile, our senior students of Namkhai Norbu Rinpoche are continuing to evolve as teachers and leaders of our community and lead practice events that continue to draw students and generate income.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Trustees are recruited through an invitation being issued to members to apply for a position on Gakyil (the Executive Committee of the Charity). New trustees are elected at the Annual General Meeting.
Organisational structure
The Dzogchen Community UK is administered by Gakyil (Executive Committee) which can have up to nine members. During the period to the end of September 2024 the committee had six members. In October 2024 the number of members remained at six but with some changes in the names of the members on the committee.
Induction and training of new trustees
New trustees are inducted by outgoing trustees who have occupied the position on the committee which is being taken up by the new trustee. Outgoing trustees induct and handover new trustees into their responsibilities.
Wider network
The Gakyil is assisted by a network of volunteers within the Community.
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Related parties
The Dzogchen Community UK is part of the International Dzogchen Community. Members of the UK Community are also members of Merigar, the centre of the Dzogchen Community in Europe. A proportion of the membership fees received by the Dzogchen Community UK is payable to Merigar each year and a proportion is payable to the International Dzogchen Community. The Dzogchen Community UK also has links with ASIA, supporting projects in Tibet and the Shang Shung Institute, supporting projects to maintain and promote Tibetan teachings and culture.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02527115 (England and Wales)
Registered Charity number
1019101
Registered office
3 Polygon Road Bristol BS8 4PA
Trustees
R Russell R J Pond (appointed 13.10.24) R Bennett (resigned 13.10.24) R Radecki M Beeston Ms T Lau - Hardingman (resigned 13.10.24) C J J M Van Oldenbeek L O V Vaughan (appointed 13.10.24) R Darbar (appointed 13.10.24)
Company Secretary
M Beeston
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 18 September 2025 and signed on its behalf by:
M Beeston - Trustee
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Statement of Financial Activities FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds 2 Charitable activities general Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 Unrestricted Restricted Total fund funds funds £ £ £ 93,338 1,022 94,360 53,425 1,022 54,447 53,774 - 53,774 107,199 1,022 108,221 (13,861) - (13,861) 319,257 93,521 412,778 305,396 93,521 398,917 |
2023 Total funds £ 93,628 |
|---|---|---|
| 22,702 52,730 |
||
| 75,432 | ||
| 18,196 394,582 |
||
| 412,778 |
The notes form part of these financial statements
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Balance Sheet 31 DECEMBER 2024
| Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 6 424,501 91,183 CURRENT ASSETS Stocks 7 - 601 Debtors 8 17,419 - Cash at bank and in hand 60,072 1,737 77,491 2,338 CREDITORS Amounts falling due within one year 9 (12,751) - NET CURRENT ASSETS 64,740 2,338 TOTAL ASSETS LESS CURRENT LIABILITIES 489,241 93,521 CREDITORS Amounts falling due after more than one year 10 (183,845) - NET ASSETS 305,396 93,521 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
2024 Total funds £ 515,684 601 17,419 61,809 79,829 (12,751) 67,078 582,762 (183,845) 398,917 305,396 93,521 398,917 |
2023 Total funds £ 531,363 1,623 17,419 68,097 87,139 (20,751) 66,388 597,751 (184,973) 412,778 319,257 93,521 412,778 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Balance Sheet - continued 31 DECEMBER 2024
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance 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.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 18 September 2025 and were signed on its behalf by:
M Beeston - Trustee
The notes form part of these financial statements
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Notes to the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity 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 under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | - 2% on cost |
|---|---|
| Long leasehold | - 2% on cost |
| Improvements to property | - 2% on cost |
| Plant and machinery | - 25% on cost |
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the 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 purpose of each fund is included in the notes to the financial statements.
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
2. RAISING FUNDS
Raising donations and legacies
| Support costs NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2024 £ 17,631 2024 £ 15,679 |
2023 £ - |
|---|---|---|
| 2023 £ 15,679 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds Charitable activities general Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward |
Unrestricted fund £ 93,119 22,702 52,730 75,432 17,687 301,570 |
Restricted funds £ 509 - - - 509 93,012 |
Total funds £ 93,628 |
|---|---|---|---|
| 22,702 52,730 |
|||
| 75,432 | |||
| 18,196 394,582 |
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| £ | £ | £ | ||||
| TOTAL FUNDS CARRIED | ||||||
| FORWARD | 319,257 | 93,521 | 412,778 | |||
| 6. | TANGIBLE FIXED ASSETS | |||||
| Improvements | ||||||
| Freehold | Long | to | Plant and | |||
| property | leasehold | property | machinery | Totals | ||
| £ | £ | £ | £ | £ | ||
| COST | ||||||
| At 1 January 2024 and | ||||||
| 31 December 2024 | 392,731 | 288,693 | 102,632 | 18,900 | 802,956 | |
| DEPRECIATION | ||||||
| At 1 January 2024 | 179,915 | 53,887 | 18,892 | 18,899 | 271,593 | |
| Charge for year | 7,854 | 5,773 | 2,052 | - | 15,679 | |
| At 31 December 2024 | 187,769 | 59,660 | 20,944 | 18,899 | 287,272 | |
| NET BOOK VALUE | ||||||
| At 31 December 2024 | 204,962 | 229,033 | 81,688 | 1 | 515,684 | |
| At 31 December 2023 | 212,816 | 234,806 | 83,740 | 1 | 531,363 | |
| 7. | STOCKS | |||||
| 2024 | 2023 | |||||
| £ | £ | |||||
| Stocks | 601 | 1,623 | ||||
| 8. | DEBTORS: AMOUNTS FALLING DUE | WITHIN ONE YEAR | ||||
| 2024 | 2023 | |||||
| £ | £ | |||||
| Other debtors | 17,419 | 17,419 |
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Bank loans and overdrafts (see note 11) 5,500 Other creditors 7,251 12,751 10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 £ Bank loans (see note 11) 183,845 11. LOANS An analysis of the maturity of loans is given below: 2024 £ Amounts falling due within one year on demand: Bank loans 5,500 Amounts falling between one and two years: Bank loans - 1-2 years 6,000 Amounts falling due between two and five years: Bank loans - 2-5 years 177,845 12. SECURED DEBTS The following secured debts are included within creditors: 2024 £ Bank loans 189,345 |
2023 £ 13,500 7,251 20,751 2023 £ 184,973 |
2023 £ 13,500 7,251 |
|---|---|---|
| 20,751 | ||
| 2023 £ 13,500 |
||
| 13,500 | ||
| 171,473 | ||
| 2023 £ 198,473 |
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
13. MOVEMENT IN FUNDS
| At 1.1.24 £ Unrestricted funds General fund 319,257 Restricted funds Teaching 15,073 Land 78,448 93,521 TOTAL FUNDS 412,778 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 93,338 Restricted funds Teaching 1,022 TOTAL FUNDS 94,360 Comparatives for movement in funds At 1.1.23 £ Unrestricted funds General fund 301,570 Restricted funds Teaching 14,564 Land 78,448 93,012 TOTAL FUNDS 394,582 |
Net movement in funds £ (13,861) - - - (13,861) Resources expended £ (107,199) (1,022) (108,221) Net movement in funds £ 17,687 509 - 509 18,196 |
At 31.12.24 £ 305,396 15,073 78,448 93,521 398,917 Movement in funds £ (13,861) - (13,861) At 31.12.23 £ 319,257 15,073 78,448 93,521 412,778 |
|---|---|---|
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 93,119 | (75,432) | 17,687 |
| Restricted funds | |||
| Teaching | 509 | - | 509 |
| TOTAL FUNDS | 93,628 | (75,432) | 18,196 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Teaching Land TOTAL FUNDS |
At 1.1.23 £ 301,570 14,564 78,448 93,012 394,582 |
Net movement in funds £ 3,826 509 - 509 4,335 |
At 31.12.24 £ 305,396 15,073 78,448 |
|---|---|---|---|
| 93,521 | |||
| 398,917 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Teaching TOTAL FUNDS |
Incoming resources £ 186,457 1,531 187,988 |
Resources expended £ (182,631) (1,022) (183,653) |
Movement in funds £ 3,826 509 4,335 |
|---|---|---|---|
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
14. CONTINGENT LIABILITIES
There are no contingent liabilities at 31 December 2024.
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
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INTERNATIONAL DZOGCHEN COMMUNITY OF KUNSELLING
Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 DECEMBER 2024
| INCOME AND ENDOWMENTS Donations and legacies Membership fees Literature, tapes and videos Event income Other income Donations Room hire Total incoming resources EXPENDITURE Other trading activities Opening stock Membership fees - Meriger Event expenses Closing stock Charitable activities Repairs, maintenance and insurance Light and heat Literature, postage and stationery Depreciation of tangible fixed assets Support costs Finance Sundries Bank charges Bank interest Total resources expended Net (expenditure)/income |
2024 £ 30,768 1,022 23,663 1,093 14,366 23,448 94,360 94,360 1,623 17,373 18,421 (601) 36,816 28,688 7,416 1,876 15,679 53,659 - 115 17,631 17,746 108,221 (13,861) |
2023 £ 29,095 509 21,842 8,404 6,477 27,301 93,628 93,628 1,623 10,621 12,081 (1,623) 22,702 7,635 8,356 1,162 15,679 32,832 2,251 134 17,513 19,898 75,432 18,196 |
|---|---|---|
This page does not form part of the statutory financial statements
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