REGISTERED COMPANY NUMBER: 2866202 {England and Wales)
Registered Charity Number: 1038999
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE
YEAR ENDED 31 DECEMBER 2024
FOR
KADAMPA MEDITATION CENTRE MANCHESTER

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER: 2866202)
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the Trustees
Report of Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER2866202)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The truslees, who are also the directors for the purposes of company law, present their ￿port with the
financial statements of the Charity for the year ended 31 December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company Number
2866202 (England and Wales)
RegiSte￿d Charity Number
1038999
Registered Office
76 High Lane
Chodton-cum-Hardy
Manchester M219XF
Independent Examln8r'. Alistair Jenkins FCA
Trustees:
Date Appointedl (Date reslgned)
5 December 2024
5 December 2024
28 February 2024
9 December 2020 1 (27 September 2024)
9 December 2020 1 (27 September 2024)
Maria Triana del Pino
Julie Tomlinson
Lisa M Devine
Janet Higgins
Jeffrey Simm
Company Secretary
J. Goss
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is controlled by its goveming document. a deed of trust. and constitutes 8 limited company,
limited by guarantee, as defined by the Companies Act 2006.
The organisation is a charitable company limited by guarantee and registered with the Charities
Commission. The company was established under a Memorandum of Association which established the
objects and powers of the charitsble company and is govemed under its Artides of Association.
Risk Management
The trustees have a duty to identify and ￿VIeW the risks to which the charity is exposed and to ensure that
appropriate controls are in place to provide reasonable assurance against fraud and error.
Page 1

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER: 2866202)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024- CONTINUED
OBJECTIVES AND ACTIVITIES
Objectives and Aims
The main objective of the charity is to promote the Buddhist faith under the spiritual guidance of the elected
General Spiritual Director of the New Kadampa Tradition
Intemational Kadampa Buddhist Union (NKT-
IKBU).This objective is achieved principally through the activits'es of teaching, study and practice based
upon the teachings of Venerable Geshe Kelsang Gyatso, the founder of the NKT-IKBU.
Classes and courses have continued to run in Chorlton and al various locations throughout Greater
Manchester. The Centre also hosted special events with various visiting teachers of the tradition during
2024.
The Word Peace Café re-opened following renovation works in January 2024 and is currently opening four
times a week. During 2024 essential maintenance wo(ks on the Centre premises, induding a £11,000 roof
repair, have been completed and further works are planned for 2025.
FINANCIAL REVIEW
Reserves Policy
At the present time neither the income nor the assets of the charity are sufficient to put in placE a reserves
policy, but necessary measures will be taken in due ￿Ul$e.
Investment Pollcy and Objectlv
At the present time neither the income nor the assels of the charity are sufficient to put in place an
Investment policy, but ne￿SSary measures will be taken in due cwrse.
Flnanclal Outcome
The charity's financial position is good. with total unrestricted reseNes at the end of the year of £505,394,
held to ffleet the charity's general objectives.
The charlty has generated a surplus for the year of £4.497.
ON BEHALF OF THE BOARD:
J. Goss - Sec￿tary
Date:
Page 2

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER: 2866202)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31°, DECEMBER 2024
l ￿port on the accounts of Kadampa Meditation Centre Manchester, for the year ended 2024, on pages 4-
Respectlve responsiblllties of the Trustees and the Independent Examiner
As Trustees you are responsible for the preparation 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 that an independent
examination is needed.
It is my responsibility to:
a) Examine the accounts under section 145 of the 2011 Act.
b) Follow the procedures laid down in the General Directi￿8 given by the Charity Commissioners
under Section 145(5}b of the 2011 Act; and
c) State wheiher particular matters have come to my attention
Basis of thls r8POrt
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a revi￿ of the accounting ￿COrdS kept by the charity and a
comparison of the accounts presented with those records. It also includes considering any unusual items or
disclosures in the accounts and seeking explanations from you as trustees concerning any such malters.
The procedures undertaken do not provide all the eviden￿ that would be required in a full audit, and
consequently I do not express an audit opinion on the accounts.
Independent examlner's statement
In connection with my examination. no matters have come to my attention:
VNhich give me reasonable cause to believe that in any material respect the requirements to keep
accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord
wilh these accounting records have not been met., or with section 130 of the 2011 Act: and to prepare
accounts which accord with these account records have not been met", or
To which in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Signed
Date 1917 12025.
Allstair Jenklns Independenl Examiner
14 Shiels Drive. BRISTOL, BS32 8EA.
Page 3

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER: 2866202)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOMING RESOURCES
Incoming Resources from Generated Funds
Courses, Fundraising and Other
Rent Receivable
Bank Interest Received
59,065
40.345
51,182
33,827
732
Total I ncomlng Resources
102.250
85,741
RESOURCES EXPENDED
Charitable activities
Finance l Governance
84,071
13,682
66,107
13,240
Totsl Resources Expended
NET INCOMINGIOUTGOING RESOURCES
4,497
6,394
RECONCILIATION OF FUNDS
Total Unrestrlcted Funds Brought Forward
500.897
494,503
Net income l outgoing resources
TOTAL FUNDS CARRIED FORWARD
500 897
The notes form part of these financial statements
Page 4

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER: 2866202)
BALANCE SHEET AS AT 31 DECEMBER 2024
2024
2023
Note
FIXED ASSETS
Tangible Fixed Assets
632.816
640,661
CURRENT ASSETS
Stocks
Debtors
Prepayments
Cash at Bank and in Hand
2,277
420
1.716
133587
2,500
1,231
139698
138.000
143,429
LESS CREDITORS
Amounts due within one year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
678,100
691,104
LESS CREDITORS
Amounts due after more than one year 5
172 706
190207
NET ASSETS
505 394
500 897
REPRESENTED BY:
Unrestricted Funds
505.394
500,897
TOTAL FUNDS
505 394
The charitable company is ents'tled 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 c(Knpany to obtain an audit of its financial
statements for the year ended 31 December 2024 in accordan￿ with Secb'on 476 of the Companies Act 2006
The trustees acknowledge their responsibilrties for
d) ensuring that the charity keeps accounting records that comply with Sections 386 and 387 of the Companies Act
2006 and
el preparing financia statements which give a true and fair view of the state of affairs of the charitable company as at
the end of each finanaal year and of its surplus or defiat for each financial year in accordance with the requirements
of Sections 394 and 395 and which otherv*Trse compSy with the requirements of the C(Mnpanies Act 20￿ relating to
financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordan￿ ￿ryth the speaal provisons applicable to companies
subject to the small companies regime. These financial statements %%ere approved by the Board of Trustees and were
signed on its behalf by..
Signed..
Date:
J Tomlinson - Trustee
The notes form part of these financial statements
Page 5

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER: 2866202)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basis of preparing tho financial statements
The financial statements of the charity have been prepared under the historical cost convention and
in accordance with the Statement of Recommended Practice for Accounting and Reporting by
Charities applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard (FRS 102), the Charities SORP (FRS102) and the Companies Act 2006.
Incomlng Resources
All incoming resources are included on the Statement of Financial Activities when the charity is
legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category. ￿ere costs cannot be directly attributed to particular
headings they have been allocated to activities on a basis consistent with the use of resources.
Tanglble Flxed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful lrfe..
Freehold Property
Fixtures & Fittings
Motor Vehicles
Tools & Equipment
1% on cost
25% on reducing balance
25% on reducing balance
20% on reducing balance
Stocks
Stocks are valued at the lower of cost and net ￿alISable value. after making due allowanc£ for
obsolete and slow moving items.
Taxatlon
The charity Is exempt from tax on its charitable activities.
Fund Accounting
Unrestricted funds can be used in accordan￿ with the charrtable objects'ves 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 specffied by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of eath fund is included in the notes to the financial
statements.
TRUSTEES. REMUNERATION AND BENEFITS
There were no Trustees. remuneration or other benefits (induding trustee expenses) during the
year.
Page 6

KADAMPA MEDITATION CENTRE MANCHESTER (REGISTERED NUMBER: 2866202)
NOTES TO FINANCIAL STATEMENTS-CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
3. TANGIBLE FIXED ASSETS
Freehold
Property
Flxtures
& Fittlngs
Motor
Vèhlcle
Tools &
Equlpment
Total
COST
Opening Cost
Additions
754,575
53.098
3,078
8.654
819.405
Closing Cost
820 618
LESS DEPRECIATION
Opening Depreciation
Depreciation Charged for Year
119.517
49,940
957
1,752
331
7,535
224
178,744
Closing Depreciats'on
127063
187 802
NET BOOK VALUE
At 31 December 2023
636 058
NET BOOK VALUE
At 31 December 2024
627 512
995
632 816
2024
2023
4. CREDITORS: AMOUNTS DUE WITHIN ONE YEAR
Rent Deposits Held
Creditors
Accruals
Short Temi Loan
Mortgage
400
625
2,769
71,722
800
3,564
71,722
CREDITORS: AMOUNTS DUE AFTER MORE THAN ONE YEAR
Mortgage
The mortgage is secured on the treehold woperty
Page 7