COMPANY REGISTRATION NUMBER.. 02745086
CHARrrY REGISTRATION NUMBER: 1026683
Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Unaudited Financial Statements
31 December 2023
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Ashton
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Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Flnancial Statements
Year ended 31 December 2023
Page
Trustees, annual report (incorporating the directorfs report)
Independent examinerfs report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of flnancial position
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed ststement of financial activities
17
Notes to the detailed statement of financial activities
18

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the DirectO￿S Report)
Year ended 31 December 2023
The twstees, who are also the directors for the purposes of company law, present their report and the
unaudited fin8nclal statements of the cornpany for the year ended 31 December 2023.
Relorence and administratlve detalls
Reglsterèd charlty name
Amitabha Kadampa Meditation Centre (KMC) Ltd
Charlty reglstratlon number
1026683
Company reglstratlon number 02745086
Prlnclpal office and registered Old Vicarage
offlce
Gloucester Road
Bishopston
8ristol
BS7 8NX
The trustees
Mr J Rodway
Ms N Franco
(Appointed 17 December 2020)
{Appointed 17 December 2020)
{Served from 17 December 2020
to 22 March 20241
(Appointed 22 March 2024)
Ms J Andrews
Ms M Corsdale
Company secretary
Klrsten Van Nispen
Independent examlner
Rlchard Andrew Stone
2 Chamwood House
Marsh Road
Ashlon
Bristol
BS3 2NA

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2023
Structurej govemance and management
The Amitabha Buddhist Centre is a company limited by guarantee. govemed by its Memorandum and
Artides of Association and was incorporated on 28 August 1992. The company registered with the
Charity Commission on 30 September 1993.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
The board of Directors, who are Trustees for the purpose of charity law, who served during the year and
up to the date of this report are set out on page 1.
Objectlves and actlvltles
The principle activity of the charity is the promotion and teaching of the Buddhist faith.
Achlevements and perfomiance
During the 2023 financial year, we continued our ongolng spiritual and educational activities.
We've held in-person classes, and they have been very popular. Members are able to stream General
Program and half4ay classes. Our 4-weekly courses on partlcular subject areas have proved popular
and we have seen an Increase In dass numbers, membershlp numbers and FprrTP attendees.
We are currently running branch classes in Clevedon, Chepslow, Chippenham, Balh and Weston-
Super-mare.
We continue to train teachers and strengthen their interest in the Centre and its study programs.
Flnanclal revlew
This year, our cafe has played a plvotsl role In promotlng our classes and courses, adding a crucial
social element to the Centre. The cafe's success has been a testament to its ability to engage visitors
and enhance their experience at the Centre.
Plans for future perlods
Looking ahead, our focus is on expanding our reach and accessibility. We plan to train more teachers,
and establish additional classes, branches, making our study programmes more acGessible to a wider
audience. We are also cornmitted to enhancing the visibility and welcoming atmosphere of the Centre.
wlth the alm of attracting and retaining more newcomers.
We've also been improving the drive with landscaping, the cafe area and will continue to improve the
garden. so that our customers, both cafe and centre users have a safe. peaceful space lo sit and
connect.
Srnall company provlsions
This report has been prepared in accordance with the provisions applicable to companies entitled to the
small companies exemption.

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng the Director's Report) (con¢lnu•d)
Year ended 31 December 2023
The trustees. annual report was approved on
trustees by:
J Rodway
Company Director

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Llmited by Guarantee
Independent Examinerfs Report to the Trustees of Amitabha Kadampa
Meditation Centre (KMC) Ltd
Year ended 31 December 2023
I report to the trustees on my examination of the financial statements of Amrtabha Kadampa Meditation
Centre (KMC) Ltd ('the company,) for the year ended 31 December 2023.
Responslbllltles and basls of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Cornpanies Acl 20061'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 eligible for independent examination, I report in respect ol my examination of
the company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examlnarfs statèmenl
I have completed my examination. I confirm Ihat no matters have come to my attention in connection
wilh the examination giving me cause to believe:
accounting records were not kept in respect of the company as required by section 386 of Ihe
2006 Act; or
the financial statements do not accord with those records. or
the financial siatemenls do nol comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a Irue and fairf view which is nol
a matter consldered as part of an Independent examination. or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
Gharities applicable to charities preparing their accounts In accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Richard Andrew Stone
Independent Examiner
2 Chamwood House
Marsh Road
Ashton
8ristol
BS3 2NA
Is/( /ioL

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limlted by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 December 2023
2023
Unrestricted
funds Total funds Total funds
2022
Note
Income and endowments
Donations and legacies
Charitable activities
Rental income, and other trading activities
Investment income
2,873
44,220
64,429
2,873
44,220
64,429
484
3.542
29.037
63,491
70
Total Income
112,006
112.006
96,140
Expenditure
Expenditure on raising funds..
Costs of raising donations and legacies
Expenditure on charitable activities
Total expendlture
13.716
74,234
13,716
74,234
12,168
65,114
10,11
87,950
87,950
77,282
Net Income and net movement In funds
24,056
24,056
18,858
Reconclllatlon of funds
Total funds brought foNard
Total funds ¢arrl•d forward
550,978
575,035
550,978
575,035
532,120
550,978
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 15 forni part of these financial statements.

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Statement of Financial Position
31 December 2023
2023
2022
Note
Fixéd assets
Tangible fixed assets
16
621,402
631,772
Current assets
Stocks
Debtors
Cash at bank and in hand
17
18
1,983
18
50,803
52,804
991
38,699
39,690
Creditor4: amounts falllng due wlthln one year
Net current assets
19
28,973
27,967
11,723
23,831
645,233
Total assets less current Ilabllltle$
643,495
Credltors: amounts falling due after more than
one year
20
70,198
575,03S
92,517
550,978
Net assets
Funds of tho charlty
Unrestricted fund5
575.035
550,978
550,978
Total charlty funds
21
575,035
For the year endlng 31 December 2023 the company was entitled to exemptlon from audlt under sectlon
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities.,
The members have not required the company to obtain an audit of its financial statemenls for the
year in question in accordance with section 476;
The directors acknowledge their responslbilities for complw'ng with th8 requirements of the Act with
respect lo accounting records and the preparation of financial staternents.
These financial statements have been prepared in accordance with the provisions applicable to
companies subJ8cl lo the small companies, regime.
The statement of financial position
continues on the following page.
Tho notes on pages 8 to 15 fomi part of Ihes• Ilnanclal statements.

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Statement of Financial Position (conllnued)
31 December 2023
These financlal statements were approved by the board of trustees and authorised for Issue on
and are signed on behalf of the board by..
odway
Director
The notes on pages 8 to 15 fom) part of these ftnanclal statements.

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 December 2023
General Informatlon
The company is a public bènefit entily and a privatè company Ilmlted by guarantee, registered in
England and Wales and a registered Gharity in England and Wales. The address of the registered
office is Old Vicarage, Gloucester Road, Bishopston, Bristol, 8S7 8NX.
statement of compllance
These finanual statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Stalement of
Recommended PractlC8 applicable to charities preparing their accounts in accordance with the
Financlal Reporting Standard applicable In the UK and Republlc of Ireland (FRS 102) (Charltles
SORP (FRS 102)) and the Companies Act 2006.
Accountlng pollcles
Basls of preparatlon
The flnanclal statements have been prepared on the hlstorlcal cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financlal statements are prepared in sterllng, which is the functional currency of the entity.
Golng concern
There 8re no material uncertainties about the charitys abillty to Gontlnue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requlres managemenl to make Judgernents, estirnates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors. including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
harity's purposes.
Designated funds are unrestricted funds earniarked by the trustees for particular future project or
ommitrnent.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal. and fall into one of two sub-dasses: restricted income funds or endowment
funds.

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Notes to the Financial Statements {contlnuodJ
Year ended 31 December 2023
Accounting policies {¢onllnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity: it is probable that the economic benefits associated wSth the transaction will
flow to the charity and the amount can be reliably measured. The lollowing specific policies are
applied to particular categories of Income:
incorne from donations or grants is recognlsed when there is evidence of entitlement to the
gift, receipt is probable and ils amount can be measured reliably.
legacy income is recognised when receipt Is probable and entltlement Is established,
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be rellably measured. No amounts are Induded for the
contribution of general volunteers.
income from contracts for the supply of sen4ices is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unl6ss there is a contractual
requirement for It to be spent on a particular purpose and retumed if unspent, in which case
il may be regarded as restricted.
Resources expended
Expendlture is recognlsed on an accruals basls as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement of financial
activities to which It relates-
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable tradlng activities, and the sale of donated goods.
expenditure on charitable actlvities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
aclivities.
other expendlture includes all expenditure that is neither related to raising funds for the charity
nor part of its expenditure on charitable activities.
All costs are allocated lo expenditure categories reflecting the use of the resource. Dlrect costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute lo on a reasonable, justifiable and consistent basis.
Tangible assets
All fixed assets are inltlally recorded al cost,

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31 December 2023
Accountlng pollcles (c+￿Nnu•dl
Depreciation
Depreciation is calculated so as to wrile off the cost or valuation of an asset, less its resldual value,
over the useful economiG life of that assel as follows:
Freehold property
1 0/0 Straight line
Impairnient of flxed asset8
A review for indicators of impaimient is carried out al each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
posslble reversal at each reporting date.
For the purposes of impairmenl testing, when it is nol Possible to estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash4Jenerating unil is the smallest identifiable group of assets
that includes the asset and generates cash Inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment testin9 of goodwill, the goodwill acquired in a business combination is, from the
acqulsition date, allocated to each of the cash-generating units that are expected to beneflt from
the synergies of the combination, irrespective of whether other assets or Ilabilllles of the company
are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and
sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and Gondition.
Flnanclal Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to
the GontraGtual provisions of the instrument.
Basic financlal instruments are initially recognised at the amount receivable or payable Including
any related transaction costs.
Currenl assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or recelved and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such inveslments are subsequenty measured at
cost less impairment.

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 December 2023
Accounting policies (¢ontlnued)
Financial instruments (¢onllnu•dJ
Other financial instruments, including derivatives. are initially recognised at fair value, unless
payment for an asset is deferred beyond nomial business tems or financed at a rate of interest
thal is not a market rate, in which case the asset is measured at the presenl value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised
in the statement of financial activities. with the exception of hedging instruments in a designated
hedglng relationshlp.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of irnpairment, an
impairment loss is recognised under the appropriate heading in the statement of financial activities
in which the initial gain was recognised.
For all equity instruments regardless of significance, and olher financial assets that are individually
significant, these are assessed individually for impairment. other financial assels are either
assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Llmlted by guarantee
The company Is Ilmlted by guarantee and has no share capltal, In the event of the wlndlng up or
dissolution of the company, the members are liable to contribui8 an amount not exceeding £1
towards the debts and liabilities of the company.
Donations and logaci•s
Unrestricted Total Funds Unreslricted Total Funds
Funds
2023
Funds
2022
Donatlons
Donations and grants recelved
2,873
2,873
3,542
3,542
Charltable actlvlties
Unrestricted Total Funds Unreslricted Total Funds
Funds
2023
Funds
2022
Education and courses
44,220
44,220
29.037
29,037

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 December 2023
Rental Income. and other Iradlng activities
Unrestrided Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Cafe. shop and rental income
64,429
64,429
63,491
63,491
Investment income
Unrestricted Total Funds Unreslricted Total Funds
Funds
2023
Funds
2022
8ank interest receivable
484
70
70
Costs of ralslng donatlons and legacles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Costs of ralslng clonations and
legacies Sponsorship
13.716
13,716
12,168
12,168
10. Expendlture on charltable actlvltles by fund type
Unrestrided Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Promotion and teaching of the
Buddhist failh
Support costs
67,007
7,227
67.007
7,227
74,234
60,748
4,366
60,748
4,366
65,114
74.234
65.114
11. Expendlture on charltable aetlvltles by actlvity type
Actlvitles
undertaken
directly
Support Total funds
costs
2023
Total fund
2022
Promotion and teaching of the
Buddhist faith
Governance costs
67,007
67,007
7,227
74,234
60,748
4,366
65,114
7,227
67,007
7.227
12. Net income
Net income is stated after chargingl(crediting):
2023
2022
Depreciation of tangible fixed assets
10,370
10,370

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Llmited by Guarantee
Notes to the Financial Statements (condnuedj
Year ended 31 December 2023
13. Independent examination fees
2023
2022
Fees payable to the independent examiner for:
Independent examinalion of the financial statemanls
1,200
1,200
14. Staff costs and émoluments
The total staff costs and employee benefits for the reportlng period are analysed as folloKs:
2023
2022
Wages and salaries
13,716
12,168
The average head count of employees during the year was 2 (2022: 2), The average number of
full-time equivalent employees during the year is analysed as follows:
2023
No.
2022
No.
Number of staff - type 1
No employee reGelved employee beneflts of more than £60,000 during the year (2022: Nil).
15. Trustee remuneratlon and expenses
No remuneratlon or other benefits from employment with the charity or a re18t8d entity wer•
received by the trustees.
16. Tanglble flxed as•ets
Land and
bu51dings
Cost
At 1 January 2023 and 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
797,692
165,920
10,370
176,290
Carrylng amount
At 310ecember 2023
621,402
At 31 December 2022
631,772
17. Stocks
2023
2022
Raw materials
1.983
991

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
18. Debtors
2023
2022
Other debtors
18
19. Credltors: amounts falllng due wlthln one year
2023
2022
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Social securiiy and other taxes
Other creditors
24.800
47
1,600
24,799
1,200
68
1,900
27,967
2.526
28,973
20. Credttors: amounts falllng due after more than one year
2023
2022
Bank loans and overdrafts
Other creditors
59,585
10,613
.70,198
81,404
11,113
92,517
21. Analy81s of charltabl• funds
Unrestrlcted funds
At
1 January
2023
At
31 D•comber
2023
Income Expenditure
General funds
550,978
112,006
(87,949)
575,034
At
31 December
2022
1 January
2022
Income Expenditure
General funds
532.120
96,140
(77,282)
550,978

Amitabha Kadampa Meditation Centre (KMC) Ltd
Company Limited by Guarantee
Notes to the Financial Statements (tantlftiied)
Year ended 31 December 2023
22. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current Assets
Creditors less than 1 year
Creditors greater than 1 year
Not assets
621,402
52,804
(28,973)
(70,198)
575,035
621,402
52,804
(28,973)
(70.198)
575,035
Unrestricted Total Funds
Funds
2022
Tangible fixed assets
Current Assets
Creditors less than 1 year
Creditor5 greater than 1 year
Net assets
631,772
39,690
(27,967)
(92,517)
550.978
631,772
39,690
(27,967)
(92,517)
550,978