COMPANY NUMBER: 02828912 (England and Wales)
Reglstered Charlty Number: 1025003
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
KADAMPA MEDITATION CENTRE BIRMINGHAM
IA company Ilmlted by Guarantee)
*AE6WRBGA*
1610712025
COMPANIES HOUSE
A11

KADAMPA MEDITATION CENTRE BIRMINGHAM (Reg No: 02828912)
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Paga
Report of Ihe Tru8tees
Report of Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

KADAMPA MEDITATION CENTRE BIRMINGHAM (Reg No: 02828912)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company Number
02828912 (England and Wales)
Registered Charity Number
1025003
Registered Office
44 Blucher Street
Birmingham
811QJ
Independent Examiner: Alistair Jenkins FCA
Tru8tee8:
Amanda R Day {appointed 27 Sèpt 2023)
Nicolas S Hero (appointed 22 July 2023)
Perwinder Kaur (appointed 21 July 2023)
Hannah C Flint (appointed 7 Jan 2022)
The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their
annual report logether with the financial statements of Kadampa Meditalion Centre Binningham (the
company) for the year ended 31 December 2024.
The financlal slatements comply with the Charlties Act 2011, the Companies Act 2006, the Memorandum
and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended
Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
In preparing this report the trustees have taken advantage of the small company exemption8 provided by
section 415A of the Companies Act 2006.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Constitution
The company 18 registered as a charitable company limited by guarantee and is a registered charity
number
1025003.
The principal object of the company is to promote and follow the pure tradition of Mahayana Buddhist
derived
from the Buddhist Meditators and scholars Atisha and Je Tsongkhapa, as introduced into the West by
Buddhist teacher Venerable Geshe Kelsang Gyatso, and to always remain a member of the Buddhist Union
(NKT-IKBU) and always follow and act in accordance with th6 internal rules of the NKT-IKBU
Page 1

KADAMPA MEDITATION CENTRE BIRMINGHAM (Reg No: 02828912)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Governing document
This is the Memorandum and Articles of Assoclation dated 1 June 1993, as amended by resolution dated
29 March 2007 and by special resolution dated 17 November 2020.
Review. achievement and public benefit statement
Throughout 2024 Kadampa Meditation Centre BinTringham provided meditation classes and in depth study
programme8 to the people of the local area.
After moving into new premises at 44 Blucher Street, Binningham B1 1QJ in the latter part of 2022, we
have seen a steady development of the centre and a corresponding increase in course attendance through
2023 and 2024.
Our Foundation Programme classes have continued to flourish and the practltloners on these cour8e8
conlinued to deepen their understanding and practice of Kadampa Buddhism. The centre is developing
new teachers of Kadampa Buddhism who are enabling the centre to serve more people as time
progresses.
From 2023 to 2024 we have increased our number of branch class locations, which now include Sutton
Coldfield, Solihull, Stirchley and Wolverhampton, reaching even broader into Birmlngham and It'8
surrounding area. Our Centre classes also starting to grow regular groups of attendees, and our
Foundation Programme group is gradually growing in size.
We have continued to provide the livestreaming of classes to members throughout 2024, making the
cl888es even more accessible and this remains an appealing aspect of membership.
Moving into 2025 the classes attendances are continuing to increase at the City Centre as well as at our
branch venues in Solihull, Sutton Coldfield, Wolverhampton and Stirchley. We are also seeing continual
requests for school visits and workplace visits. This demonstrates a great need and intere8t in meditation in
the Birmingham area and we are delighted to gradually be reaching wider into the community.
During 2024, numerous very kind volunteers assisted our Resident Teacher Gen Kelsang Leksang with the
education programme and our Admin Director Kelsang Lhasang was assisted by several volunteers with
the Administration of the centre. Mid 2024 w8 said goodbye lo our Admin Director Kelsang Lhasang; the
role was taken on temporarily by Janet Richardson and we have now appointed a new Admin Director,
Betsy Hero.
We currently have a dedicated base of volunteers which we intend to grow further. Through this strong
team assisting With many aspects of the centre, we look forward to KMC Bimiingham continuing to flourish
throughout 2025.
y order of the Board
Perwlnder Kaur
1st April 2026
Page 2

KADAMPA MEDITATION CENTRE BIRMINGHAM (Reg No: 02828912)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 3191 DECEMBER 2024
I report on the accounts of Kadampa Meditation Centre Birmingham, for the year ended 2024, as per pages
Respective respon8ibillti88 of the Trustees and the Independent Examlner
As Trustees you are responsible for the préparalion of the financial statements; you consider that an audit
is not required under Section 144<2) of the Charities Act 2011 (the 2011 Act) and thal an independent
examination 18 needed.
It is my responsibilty to:
a) Examine the accounts under section 145 of the 2011 Act,
b) Follow the procedures laid down in the General Directions given by the Charity Commissioners
under Section 145{5)b of the 2011 Act; and
c) State whether particular matters havo come to my attention
Basls of thls r•port
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and
comparison of the accounts presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from you as truslees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as to whether the accounts present a "true and fair Vie￿ and the
report is limited to those matters set out in the statement below.
Independent examlneVs statement
In connection with my examination, no matters have come to my attention to indicate that..
- accounting records have not been kept in accordance with section 386 of the Companies Act 2006
- the accounts do not accord with such records..
where accruals basis is used, whelher they fail to comply with relevant accounting requiremen18 under
section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS 102)
Signed
Date 14 1 07 12025
All8tslr Jenkins - Independent Examiner
14 Shiel8 Drive, BRISTOL, BS32 8EA.
Page 3

KADAMPA MEDITATION CENTRE BIRMINGHAM (Reg No: 02828912)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
G&wal Restrithl Tclal
lund
fund
￿3
Aca)mmcKlation
Education
Strnp and café
7,118
7,118
&7C
QT
Totsl IrKo
1311SI
1S11
1(￿2
RaJ￿r￿J fvnds
Charitable actsvities
11a
11
111Tr1
118410
sU￿lUsI (deficlt)
11910
11910
O￿nIng Balan￿ (1n2r2024)
C1031rvJ Balan￿ (3V12r2024)
Zq717 13n 21&1
21WI 1Jn
The notes form part of the￿ financial statements
Page 4

KADAMPA MEDITATION CENTRE BIRMINGHAM (Reg No: 02828912)
BALANCE SHEET
AS AT 31 DECEMBER 2024
Tangibl8 tsed assets
114
Debtors
Cash al bank and in hand
Total cuThenl assets
Creditors: amounts falhrvJ due wilhin one year
.10943
-12841
14TZJ
17hg)
Total assets less current liabililies
r4514
10
713,￿¢
10
Creditors: amunts falhryJ due after rrDre than one year
Unrestricted general luTrJ
RestrKled fund
219,
717
The charttable 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 charitable company to obtain an audit of its financial
statements lor the year ended 31 December 2024 in accordance wlth Section 476 of the Companles Act 2006
The dlrectors (who are trustees) acknowledge thelr responsibility for complySng with the requirements of the
Companies Act with respect to accounb'ng records and for the preparation of accounts. These accounts have been
prepared in accordance with the provisions applicable to companies subjecl to the small companies, regime and in
accordance with FRS102 SORP.
These financial statements were approved by the Board of Trustees and were signed on its behalf by:
Signed:
Date:
. Hero
12107125
Nick Hero - Trustee
The notes fonn part of these financial statements
Page 5

KADAMPA MEDITATION CENTRE BIRMINGHAM (Reg No: 02828912)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basls of pr•parfng the financial statements
These accounts have been prepared under the historical cost convention with items recognised at
cosl or transaction value unless stated in the relevant note(s) to these accounts. The accounts
have been prepared in accordance with the Statement of Recommended Practice.. Accounting and
Reporting by Charities preparing their accounts in accordance wilh the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charitie8 Act 2011.
Incomlng Rosources
All incoming resources are included on the Statement of Financial Activities when the charity 18
18gally entitled to the income and the amount can be quantified with reasonable accuracy.
Gift Aid receivable Is induded in income when there is valid declaration from the donor. Any Gift
Aid amount recovered on a donation 18 considered to be part of that gift and 18 treated as an
addition to the same fund as the initial donation.
Tanglble Flxed A88ets
Depreciation is provided at the following annual rate8 in order to wrlle off each asset over its
estimated useful life:
Fixtures & Fittings
Office Equipment
25% on reducing balance
250A straight line
'Stock8
Stocks are valued at the lower of cost and net reali8able value, after making due allowance for
obsolete and Slow moving item8.
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund Accountlng
Unrestricted funds can be used in accordance with the charitable objectlves al the discretion of the
Twstees.
Restricted funds can only be used for particular restricted purposes within the objects of the charrty.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purpose8.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
TRUSTEES. REMUNERATION AND BENEFITS
Thère were no Trustees, remuneration or other benefits (including trustee expenses) during the
year.
Page 6

KADAMPA MEDITATION CENTRE BIRMINGHAM {Reg No: 02828912)
NOTES TO FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
BaJarKX brought forward at 1 January ￿24
Addilions
Disposals
Balan￿ ￿led fornvard at31 De￿rnl￿2O24
21,4e6 w rn,&13
2104
Depreclallon
Balan￿ brouw foThvard al1 January 21Y24
Charge for the year
14,
-14,(F
14W 4240 31519
1t6 -11574
Balan￿ canied ft)NRrd al 31 De(xmbw 2024
1W 4
7mO
7242
O IB7¥2
14 ￿,114
Nei tKx)k value at 31 0￿mI￿r 21B3
2024
2023
4. STOCK
St¢xk for resa
2,282
4,287
6. OEBTORS
Other debtors
2,881
6. CREDITORS: AMOUNTS DUE ￿THIN ONE YEAR
Other Creditors
Bank Mortgage
350
1,998
10
943
7. CREDITORS: AMOUNTS DUE AFTER MORE THAN ONE YEAR
Other Loans
Bank Mortgage
130,000
37
130,000
375 510
The bank loan is secured by a legal charge dated 23 August 2022 over the freehold propety to which the loan relates.
& F￿XIS
Balan￿ at INJ)rr* Ex￿dIlure Balance al
1&n24
31 tkn24
z4n7 131133- 111723
219
Insght Trust
13413J
Page 7