KADAMPA MEDITATION CENTRE
NOTTINGHAM LIMITED
A company limited by guarantee
Annual Trustees Report and Financial Statements
31 St December 2022
Registered charity number 1028414
Registered company number 028412W { England and Wales)

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
Index
Page
Report of the Trustees
Independent examiner's report
Slalement of Financial Activilies
Balance Sheet
Notes to financial statements
10-12

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
C Snowball-Hill
C Rhodes
J Andrews
Charity number 1028414
Company number 02841200
Registered office
Gedling House
Wood Lane
Nottingham
England
NG4 4AD
Independent examlner
Alistair Jenkins FCA
14 Shiels Drive
Bristol
BS32 8EA

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
The TTUStees preseTht their annual repon and financial staiements for the year ended 31 December 201.
The financial statements have ￿en prepared in accordance wirh rhe accounring policies set oui in note I to the
financial statements and comply with rhe chariry's governing document, the Companies Act 2(K)6 and 'Accounting
and Reponing by Charirie5.' Staiement of Recomrnended Pracrice applicable to charitie5 preparing their accounts
in accordance with the Financial ReEK)rtin8 Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019)".
The chariry operates to promote the Buddhist Faith of the New Kadampa Tradition through the aciivities of swdy.
practice, reaching and the observance of moral discipline based upon ihe coniinuous implementation of the three
New Kadampa Tradition Study Prtygramrnes. These traditions are all within the pure trndition of Mahayana
Buddhism of Atisha and Je Tsongkhapa as taught by Venerable Geshe Kelsan8 Gyatso.
Following a cornplex and challenging renovaiion programme the Trustees are pleased to report that the conversion
to high qualiry accommodation on Ihe top two floors was completed in 2023 and these are now fully occupied.
The renovation of the ballroom and creation of meditation room was also substaniially completed in the year. with
the addition of a beautiful new shrine cabinet. This work should be completed in 2024.
With the cessation of building work we were able to focus on Incr&￿Ing the scope of the education programme.
Pub]ic Benefit
In exercising their power5 and duties. the T￿￿teeS have due regard to the guidance on public Eenefit published by
the Charity Commission. They believe that the work of the Buddhist Faith has clearly identifiable public benefits.
The Charity believes that there are three important public ￿nefits to promoting the Buddhist Faith= to help people
develop their wisdom, to cultivate a 8¢￿ heart and to maintain a peaceful mind.
If as individuals we do not strive to develop our wisdom. we will always remain ignorant of the true nature of
reality. Everyone wishes for happiness. but our ignorance of reality leaLls us to engage in notFvirtuous actions,
which in turn are the rnain cause of all of suffering. Further. if we do not cultivate a gcK)d hean iowards others,
then our selfish motivauon desiroys the harniony of our relaiionships with oihers. We then have no peace. and no
chance to gain pure happiness. Without inner. mental pe&e. outer peace is imw)ssible, personally and
throughout society.
The Charity's programme of classes. services #nd meditation ts open to everyone, whether Buddhist or not,
regardless of nationality, age or gender. All classes are accessible to the public and both 'droFin' and more
advanced courses of Buddhist inst￿ctIc￿ are offerd Some are offered free of ¢P￿se, whilst modest fees are
charged for others.

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
The accounts show outgoing resources of L32.3058 {2021: £14.39]). As at the year end net assets were £431,286
(2021: £463,345).
As reported above, Ihere was no income from accommod3tion in the year and the education activity was
considerably curtailed. The Trustees are satisfied with the result&
The Charity rnaintains an 'lnternational Temples Projeci. (ITPI account into which all income is paid. Once a
month the Admin Director of the Chariry PTepare5 a budget of expenditure for rhe following monih, noting any
expected expenditure for future month& Once this budget is reviewed and approved funds are withdrawn Irom the
ITP account into the 'Daily Running Account. from which payments are made. In this way the TNstees ensure
chat sufficient funds are available to cover current Nnnin8 casts and that there are sutTJcient funds remaining in
rhe rrp account for future monihs.
The business of Ihe Charity is governed by the Director5, the Trustees of the Chariry. T￿re are three Trustees. Two
of the Directors must be members {and normally Ictal memi*rsl, and are elected by the members of the Charity.
The third director is an ex officio Director and must be the dul￿aPp)Inted Administrative Director of a major
NKTIKBU Kadampa Meditation Centre in the United Kingdom.
COVID-19
A full risk-assessmeni is reviewed whenever the Government advice changes in order to ensure that the Charity's
procedures complied fully with the Governrneni's guidelines and that everyihing is done to keep visitors,
voltsnteers and residents as safe as pctsible.
The Charity is controlled by its governing d￿Ment. a deed of trnst. and constitutes a limited company, limited by
guarantee. as defined by the Companies Act 21Kb. The Twstees. who are also the directors for the puryJcKse of
company law. and who served during the year and up to the date of signature of the financial statements were:
C Snowball-Hill
C Rhodes
l AndTews
Trustee recruitment and training
01 the Three Truslees, two elected trustees are from within the centre or from other similar centres so that
they have knowledge aThJ uThJerslanding of the chanty's aims and workings. To be elecled or appointed as
a Trustee, the nominee must be a member ofthe chartty and are elecled by members atthe Annual General
Meeting or by the Trustees when a need arises according to Ihe Articles of Associalion. The Ihird Trustee is
an ex-off icio Trustee, by virtue of them being the Adminislrative Director of a cenlre specified in the Articles
of Association. Each new Trustee is guided by current Trustees and other members of the organisation, in
parts'cular the Administrative Director and Resident Teacher. vtho have vast experience within the
organisation.

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
STATEMENT OF TRUSTEES. RESPONSIBILITIES IN RELATION TO FINANCIAL
STATEMENTS
The charity trustees (who are also the directors of the Charity for the purposes of company law) are
responsible for preparing a truSt￿S. annual report and financial statements in accordance with
applicable law and United Kingdom Accounting Standards (Unrted Kingdom Generally Accepted
Accounting Practice). Company law requires the charty trustees to prepare financial statements for
each year which give a Irue and fair view of the stale of affairs of the charitable company and of the
incoming resources and application of resources. including the income and expenditure, of the
charity for that period.
In preparing ihe financial slalements, the truslees are required lo:
select suitable accounting policies arKI then apply them consistently.,
observe the methods and principles in the Charities SORP (and related regulations);
make judgments and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been follo￿Ed. subject to any
material departures disclosed and explained in the financial siatements-
prepare the financial statements on the going COn￿M basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disdose with reasonable
accuracy at any time the financial position of the charity and to 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 the group and hence taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The Trustees, report was approved by ihe Board of Trustees.
Garli Snowball-Hill
Sig
°°29.12.2023

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
Independent Examiner's Report to the Trustees of KMC NOThINGHAM LIMITED
This is a report on the accounts of KMC Nottingham Limited for the year ended 31 December 2022.
which are set out on pages 8 to 12.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation ol the accounts. The charity's trustees
consider thal an audit is not required lor this year under sects'on 144 of the Charities Act 2011 (the Charities
Act) and Ihal an independent examination is needed.
11 is my responsibility lo..
examine the accounts under seclion 145 of the Charilies A￿,
to follow Ihe procedures laid th)wn in the general Direclions given by the Charity Commission (under
section 145151(bl ol the Charilies Act), and
to state whether parbcular matters have come to my attention.
Basls of Independent examlnerfs report
My examinalion was carried oul in accordance wtih relevant general Direclions of the Charities
Commission. An examinalion includes a review of Ihe accounting records kept by the charity and a
comparison of the accounts presented with those records. It atso includes consideration of any
unusual ilems or disclosures in the accounts, and seeking explanations from the trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit, and consewentty no opinion is given on vA)ether accounts present a Irue
and fair vi￿.
Ind•pondent examiner's statement
In the coursè ol my examination, no matter has come to my attention=
which gives me Teasonable cause to believe thai in any material respect thè requirements:
lo keep accounting records in accordance with Section 44(1) {a) of thè 2005 Act and
Regulation 4 of the 2006 Accounts RegulatTrons
lo prepare accounts which accord with the accounting records and compty with Regulation 8 of the
2006 Accounts Regulations have not been mei. or
to which, in my opinion. attention should be drawn in order to 8nabl8 a proper understanding ot th8
accounts lo be reached.
The prior year going concern mattèr is addressed at accounting note 1 'going con￿rn Un￿rtaInty'; a similar
mattèr is not being raisèd Ihts year.
Signed_
Date
29th December 2023
Alistair Jenkins
14 Shiels Drive, Filton, Bristol.

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
(A Company Limited bv Guarantee not havinq a Share Capitsl)
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 December, 2022
2021
(h￿St11ct￿
FuThts
Unrestricted
Funds
Incomo from:
Voluntary inccmme
ActiKilies for geneming furKIs
Chanlable acliiilies - EdL￿a￿.on
14.375
5.893
15.878
16.211
12.767
Total Incom•
36.146
41,396
Exwndlturo on:
Charitable acliNities
Fundrai5iro cosls
G￿rnance
51,681
129
Total Exp•ndltur•
55,787
N•t IExpon•l I In¢om• for th• Y••r
14,391
RECONCILIATION OF FUNDS
Funds ￿h1 fthward
UNestricted fuThJs
4TT,736
Net {EX￿nSel l kncome ￿ the Year
132,C681
114,3911
Funds Carrled Fonvard
431.2a6
463,345
The accompanying not8s on pages 10- 12 form part of these financial statements.

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
BALANCE SHEET
As at 31 December. 2￿22
2021
Lknwt1￿t
FU￿ts
Unrestricted
FuThJ5
FIXED ASSErs
Tangible AsS￿S
822.810
CURR￿ ASs￿s
Cash al Bank
Deblors
Stock
162,132
2,￿0
1,700
2.877
1.7Ci)
165,832
CREDITORS
Amtyjnis fdlir¥J thJ8 wthin on& yoar
51.4
26.040
NEf CURREP4T ASSErs
962,602
CREDITORS - Amounts du• after year
Bank Loans
489.25
499,25
489.257
499.257
ASSEfs OF THE CHARITY
431.286
463,345
FUNDS OF THE CHARITY
Unrestnct&l Fw
431.286
463,345
TOTAL CHARITY Fu1￿ls
431.286
463,345
The accompanying notes on pages 10 - 12 form part of these financial statèments.
Th8 company is 8ntill8d to the exeMp￿.￿n Irom thè audit rtquirémènt contained in séction 477 Comp8ni&$ A¢t
2CK)6, for the year ended 31 December 2022.
The directors acknowledge their respor6ibilities lor complw'ThJ wilh the requirements of the Companie5 Act 2CQ6
wrth respecl to accounting records and the preparation ol fina￿121 slatemerrts.
The members have not requi￿ the cc￿panY io ot*ain an audit of rts h"r￿￿la1 statements lor the year in questic
in accordart& with section 476.
These linancial stat8rn8nts havè b￿ft pfèpar•d in wilh the pThisior4 aF01t￿l• to companiès $ubl￿t
to the srnall cornpanies regirne.
The linanaal statements were approved by the Tnstees..
December 29, 2023
Date...........
Name & posi￿￿1[.S￿oWba1I" Flrtl.,. D[rect&￿ned ...

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POUCIES
Bas1$ of Preparatlon
The financial statements have been prepared in accordance with ihe tharitys governing document. Ihe Companies Act
2006, FRS 102 -Tf* Financial Rep￿ing Standard applicable in the UK and Republic of Ireland" I"FRS 102,1 and the
Charities SORP 'Accounting and Reporting by Charities. Statement ol Recommended Practice applicable lo charities
preparing their accounts in accordan￿ with the Financial Reporting Siandard applicable in Ihe UK and Republic of
Ifeland {FRS 1021. leflective 1 January 2019). The charty is a Public Benelrt Entity as delin8d by FRS 102.
The charity has taken advantage ol Ihe proVis￿S in the SORP lor charilies not to prepare a Statement ol Cash Flows.
The linancial statements have been prepared under the histori¢al ¢osl ctsivention. The principal accounting
policies adopted are sel out below.
Golng concern un¢ertalnty
The Irusiees have delayed submitting the a¢counlS unlil 2023 end and bank balances remain positive., this has given
signilicanl comlort over the 12 months opera1￿9 window. During the year 2023, Charity Iruslees have taken steps lo
reinforce cashllow, lor example bringing rental rooms (￿lIne earlier than expecled aThJ managing costs.
Trustees believe the financial probity of Ihe c*barty is assured for the foreseeable lulure. with no impediments known to
them. This is materially impa￿ed by a revised mollgage agreed with the bank (er￿ December 20231 al an affordable
Commitment level. Thorefoi¢. tho Going Concern un¢6rtainty raised at 2022 (k)os not now appty.
In¢om•
All incom8 is without resththion and is recognised in the Siaiemni ol Finanual Activities onc8 the charity has 8nlrtlerneni
to the funds, rt is probable that the income will be received and Ihe amount can be measured feliabty.
Expendlture
Liabilities are recognised as expenditure as 9)on as there is a legal or constructive obligation commilling the
charity 10 thal expendTture, il is probable that a transfer of economic benefits will be requir&J in settlement and
the amount ol the obligation can be measured reliably. Expendilure is accounted lor on an accruals basis and has
been classified under headings that aggregat6 all cosi related 10 th8 category. Wh8fe ojsts Cannot b8 directly
attributed to particular headings they have been allotsted lo a￿1VitieS on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the lollowiThJ annual rates in order to write off eath asset overrts estimated life..
Freehold property
Property Improvements
Fixtures and fittings
Other
Nil
reducing balance
reducing balance
reducing balance
The fteehold propety is valu&J at well above accounting ¢))st.
Stocks
Stocks are valued al the lower ol cost and nel realisable value, after making due allowance for obsolete and slow
moving items. Stock represents iiems which have been purchased tor resa￿ and not yet sokl, this is ihe stock available
at the reporting date in the on site shop. The ￿0¢k is valuèj at the lower of co* and net realisable value.

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
1. Accounting policies (continued)
Taxatlon
The charity is exempt from corporation tax on its tharitable athvrties.
Fund accountlng
All funds, inC￿Me and expenditure are Unrestricted, meaning they can be used in accordance with the charitable
objectives al Ihe discretion ol the Irustees.
2. NET INCOMEI{EXPENDITURE)
Nel incomel{experKlilurel is stal&J after char9ng'.
2022
2,530
2021
3.440
Accountancy
Depre¢iation- owned assets
3. TRUSTEES. REMUNERATION AND BENEFITS
There wère no trusie&s' remun8raiion or oih8r benefrts lor Ihe year endèd 31 Dècember 2072 nor tor th& prior ￿ar.
There were trustees, expenses paid lof the year eThJed 31 December 2021 lor the prior year.
4. STAFF COSTS
There were ￿ employees during the year12020 . Nill.
5. FIXED AssErs
Property
Property
Improvement
Flxtures
Flldngs
TOTAL
COST
As at 0110112022
Additions
As at 3111212022
826,773
8JJ.935
143,855
974.7
143,855
143.855
3,625
5.319
2527
826,773
CIEPRECIATION
As at 0110112022
Depreciation eharge for year
As at 3111212022
6.019
1,126
992
2,118
8,125
12.757
16,939
NEf BOOK VALUE
As at 0110112022
826,773
-6.019
714
1.342
822.810
As at 3111W2022
826,773
131,098
425S

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
6. LOANS AND DONATIONS FROM RELATED PARTY KMC ORGANISATIONS
The charity makes available loans to other meAlitatKin Cenires in line with its ¢haritable rt)je¢tives to the wider Kadampa
Buddhism community. These amounts were loaned under agreement and are both interest free and repayable on
demand. As al 31 December XJ22 a loan with a value 01 £10.(M)O rernain￿ outstanding12021.' £nill.
2022
O•blor•
debiors
PrepaYM￿t$ l other i16YmS
1,857
1,020
2,877
57
1,943
2,LK)O
2022
Credltor• lalllng due wlthln on• y•ar
Trad8 credito
Bank Loans
Relaied party Icén
Personal loans
hef credito(s
11,875
10,1￿)
10,1)))
9150
10,(xX)
10,820
51.496
6,890
26.040
2022
Credltorl lalllng due ¢)v•r on• y•ar
Bank Loans
489,257
489.257
499,257
499.257
A revised mortgage was agreed during the year with a ￿nmercIal Bank and the tKevK)us lacility was repaid in tull.

KADAMPA MEDITATION CENTRE NOTrtNGHAM LIM]TED
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
STATEMENf OF Income and Expenditure
Forthe year ended 31 December, 2022
2022
2021
Unrestrietth
FuThJs
Unrestrietth
Funds
Incom•:
Donatic￿$
Education and c￿￿¢$
Other incryng
Grant income
Fixed asset disposal
14.375
15,032
16,211
11,885
533
765
5,893
Totsl In¢om•
36.146
41,396
ndltur•:
Charitable acti14lies
Spons¢yship
Repairs & Mainten￿Ce
Rent r*es vmler
Light heal
Motor and 11a￿1
Educational actiMti8S
Insurance
Office ex￿nSeS
Depreciation ol fixed assets
Bank charges l interest
20,934
8,941
17.143
7.018
4,325
9,174
1.421
2,076
1,249
945
3,852
6,516
8,814
51,681
Fundraising costs
Shop expenses
129
G0￿ManCe costs
Accountancy
4,106
Totsl Expendllure
55.787
Net (Expense) I Income for the Year
31058
14.391
This rnle is pn)wded for mawenl 8th1 needn￿ be sthmilted extsnplty