Kalpa Bhadra
Buddhist Centre
A company limited by guarantee
Annual Trustees Report and Financial Statements
31st December 2024
*AE7R0L68*
2810712025
COMPANIES HOUSE
A05
Registered charity number 1048944
Registered company number 03062382 In England and Wales

Kalpa Bhadra Buddhist Centre Annual Trustees Report
Index
Page
Report of the Trustees
Independent examiner's report
Statement of Financial Activities
Balance Sheet
Notes to financial statements
9-11

Kalpa Bhadra Buddhist Centre Annual Trustees Report
The trustees submit their report and unaudited financial statements of the company for the year
ended 31 December 2024.
MANAGEMENT AND ADMINISTRATION
DIRECTORsrrRUSTEES
Mrs Partricia Benn
Mr Ivor Stewart
Ms Jennifer Andrews
COMPANY SECRETARY
Mr Fook Kong Chong
REGISTERED OFFICE
34 Mostyn Avenue, Llandudno, Conwy, LL30 1YY
REGISTERED NUMBER
03062382
CHARITY NUMBER
1048944
STRUCTURE & GOVERNANCE
GOVERNING DOCUMENT
The organisation is a company limited by guarantee and a registered charity. The company's
governing documents are its Memorandum of Association and Articles of Association.
RECRUITMENT AND APPOINTMENT OF NEW TRUSTEES
The Directors of the company are also charity trustees. Trustees are eligible for appointment for
up to three years maximum. Any member who wishes to stand may do so.
OBJECTIVES AND ACTIVITIES
The Centre offers classes and courses in meditation and Kadampa Buddhism in Llandudno and
across North Wales which are open to anyone. It also provides facilities for in-depth study, and
specific Buddhist subjects and practices.
BACKGROUND
The Centre is part of the New Kadampa Tradition and Intemational Kadampa Buddhist Union, a
network of centres throughout the world that practice Kadampa Buddhism founded by Venerable
Geshe Kalsang Gyatso. The Centre is run by volunteers and dedicated to public benefit. The
Centre owns a residential property in Craig y Don, Llandudno which provides accommodation for
up to 9 residents with common areas and a kitchen. The main sources of income are from
courses, classes and rent paid by residents. The centre also runs a membership scheme referred
to as 'Centre Card, which regular attendees can sign up for a monthly fee to cover most classes
and courses. Weekly classes are offered in Llandudno, Bangor, Rhyl, Conwy and Wrexham;
together with 'pop-up' events at various locations including St Asaph and Betws-y-coed. All
classes and events are open to everyone irrespective of age, gender, race, or religion, and offer
advice on how to meditate and put Buddha's teachings into practice to improve daily life.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
ACHIEVEMENTS AND PERFORMANCE
Class and course attendan￿, new attendees, and the number of locations where events are
offered have remained stable through the year.
We continue to offer classes and courses in Llandudno, Bangor, Conwy, Rhyl, and Wrexham, and
to hold day courses at a retreat centre near St Asaph.
We have held more than 275 classes and courses in these locations. Although we have had
slightly fewer attendees and regular classes and courses; the number of people who come to the
centre regularly has remained stable. We have also continued to make use of online classes and
tuition during the year.
PLANS FOR 2025
We will continue to work to strengthen our weekly classes and occasional events programme
throughout the North Wales area, and to grow our volunteer base. Our long-term goal is to find a
suitable commercial space in, or close to Llandudno and surrounding towns, to enable a larger
meditation room with modern facilities,
FINANCIAL REVIEW
The charity's financial position is good with total unrestricted reserves at the end of the year of
£243,448. These reserves are held to meet the charity's objectives and to assist with the new
building costs.
The company had a surplus for the year of £7,439 and positive cash at bank al year end of
£16,134, available to service the charitsble objectives in the forthcoming period.
DIRECTORS AND THEIR INTERESTS
Those who served as Directors during the year are listed on Page 3 of this report. The company
is limited by guarantee and as such has no share capital.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
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 trustees, annual report and financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice}. Company law requires the charity trustees to prepare
financial statements for each year which give a true and fair view of the state 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 the financial statements, the trustees are required to:
• select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose 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.
Approved by the board
Name .
Signed

Kalpa Bhadra Buddhist Centre Annual Trustees Report
Independent Examinerfs Report
to the Trustees of Kalpa Bhadra Buddhist Centre
This is a report on the accounts of Kalpa Bhadra Buddhist Centre for the year ended 31 December
2024, which are set out on pages 7 to 11.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's Irustees
consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities
Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under
section 145(5)(b) of the Charities Act), and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with relevant general Directions of the Charities
Commission. An examination includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disdosures 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 consequently no opinion is given on whether the accounts
present a "true and fair vievl.
Independent examinerfs ststement
In the course of my examination, no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with Section 44(1) (a) of Ihe 2005 Act and
Regulation 4 of the 2006 Accounts Regulalions
to prepare accounts which accord wilh the accounting records and comply with Regulation 8 of the
2006 Accounts Regulations
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.
x0712025
Signed
Date
Alistair Jenkins
14 Shiels Drive, Filton, Bristol.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
(A Company Llmitsd bv Guarantee not havinq a Share Capltall
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 December. 2024
IIA
Unrestsfded
Income fwm:
Volurt•ry income
Chwitatrd• adivlllej
12.STJ
15,023
Tolal Incom•
5S165
055
Exwndlwrn on:
rilable aclNftles
47.501
61.253
TO￿ E4*ndltr
47.716
61NT8
ltst (Eww) I lfi¢ome for the Year
RECOIKIUATION OF FUNDS
Funth foThYard
Unresirfcted funds
236.009
234.432
Net (ExrArne) I Income for the Year
Funds Cafrfed Fofwd
The accompanying notes on pages 9 - 11 form part of these financial statements.

Kalpa Bhadra Buddhist Centre Annual Trustees Report
Icompany Limited by Guarantee not havinA a Share Capital)
BALANCE SHEET
As at 31 December, 2024
1024
2023
NDtrs
UnTe5￿Cted
Funds
FIXED ASSETS
Tanglble Assets
296,671
299.581
CURREITf ASSETS
Cash at Bank
Slock
16.134
647
12,161
16.781
13.322
TOTAL ASSETS
313,452
3119)2
CREDITORS - Amoufits aft•r one y•ar
Bank L4Mn5
70.004
76.893
NET ASSETS OF THE CHARITY
FUNDS OF THE CHARITY
Uwestiicted Income Funds
Unmts5cled Builthn9 Fund
23.452
TOTAL CHARITY FUNDS
243,448
The accompanying notes on pages 9 - 11 form part of these financial statements.
For the year ending 31 December, 2024 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies. The members have not required the company
to obtain an audil of its accounts for the year in accordance with section 476 of the Companies Act 2006.
The Directors (Trustees) acknowledge their responsibility for complying with the requirements of the Act
with respect to accounting records and for the preparalion of accounts. These accounts have been
prepared in accordance with the provisions for companies subject to the small companies regime.
Approved by the board:
fR£NA SIDpIQ)
Name & position.T. ).)RgC To.&.............. Signed
,}!1

Kalpa Bhadra Buddhist Centre Annual Trustees Report
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
a) Basis of Preparation
The accounts are prepared under the historical cost convention.
The financial ststements have been prepared in accordance with Accounting and
Reporting by Charities., Statement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard for Smaller
Entities published in July 2014, the Financial Reporting Standard for Smaller Entities
(effective January 2015) and the Companies Act 2006. Assets and liabilities are initially
recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
b) Fund Accounting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of
the general objectives of the charity and which have not been designated for other
purposes.
The asset fund represents the trustees unrestricted interest in the freehold property used
by the charity.
) Income
Income is included in the Statement Of Financial Activities when the charity is entitled to
the income and the income can be quantified with reasonable accuracy.
Grant income is accounted for on an accruals basis; and shown in the financial
statements when the charity earns the unconditional right to funds,
Various forms of voluntary income are received by way of education, donations and
fundraising activities. These are included in full in the Statement of Financial Activities
when received,

Kalpa Bhadra Buddhist Centre Annual Trustees Report
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES (ConVd>
d) Expenditure
Expenditure is included in the Slatement of Financial Activities on an accrual basis as a
liability is incurred, including irrecoverable VAT.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities, both costs directly attributable and indirect support costs.
Govemance costs include those costs associated with meeting constitutional and
statutory requirements, principally accounting and AGM expenses.
e) Tangible Flxed Assets and Depreclatlon
Tangible fixed assets are stated at cost less accumulated depreciation, where
appropriate. Depreciation is provided at rates calculated to write off the cost less
estimated residual value of each asset over its expected useful life, as follows:
Fumiture & Fittings
Property Improvements
200/0 on cost straight line
20 % on cost straight line
Assets below £250 are not capitalised but written off within expenses. The Trustees do
not believe any assets are impaired and do not cary out impairment reviews.
10

Kalpa Bhadra Buddhist Centre Annual Trustees Report
NOTES (CONTINUED)
2. FIXED ASSETS
Property
Property
Improvements
TOTAL
COST
As at 111r2024
Adthtlons
As at 3111212024
2￿.000
14.￿1
304.￿1
290.000
14,551
304.551
DEPREaATION
As at 11112024
DEPRECIATION
As al 3111212024
4.970
2.910
4,970
NET BOOK VALUE
As at 11112024
290.000
9.581
299.581
As at 3111%2024
671
296.671
3. CREDITORS . loan
The amounts falling due after more than one year comprise solely a commercial bank loan,
secured on the freehold property. Interest on this loan is included in the profit and loss account.
4. RESERVES
The unrestricted building reserve represents the charity's interest in the mortgaged freehold
property, within overall unrestricted funds.
5. SHARE CAPITAL
The Company is limited by guarantee having no share capital.
6. TRUSTEE REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor
ft)r the prior year.
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the prior
year.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
2024
2023
Centre Staff (part time)
No employees received emoluments in excess of £60,000.