Registered number
03394073
Kadampa Meditation Centre Plymouth Limited
Charty Number 1082245
Limited by Guarantee
Report and Accounts
31 December 2023

Kadampa Meditation Centre Plymouth Limited
Report and accounts
Contents
Page
Trustees Annual Report
Independent Examinels Report
Detailed Slalemenl of Financial Activibles
Slalemenl of Financial Positson
Notes lo the accounts
&9

Kadampa Meditation Centre Plymouth Limited
Registered number:
03394073
Trustees, Annual Report
The trustees. who are also directors for the purposes of company law. present their report and
financial statements of the charity for the year ended 31 t)ecemker 2023.
R•f•r•nc• and Administrative Oetails
Registered Charity Name." Kadampa MeditatKsn Centre Plymouth Lim￿ed by Guarantee
Company Reglstered num￿1 03394073
Charity Registered number
1082245
Rgglstod Office
48-50 Muuey Plain
Plymouth
PL46LE
The tru8t8e8
The following ￿rSon$ seNed as trustees during the year.
J Andrews (resigned 10th May 20241
K Ellis
A Jerrett
Company secretary
iss C L Maccullie Iresi9ned 10th May 2024)
Independent examln•r
Sadie Rogers
Headlands
South Brent
Devon. TQ10 9JL
Structure, governance and rnanagement
Kad8mp8 Meditation Centre Plymouth Ltd is a registered charity governed by the Companies Act
2006 and the Charities Act 1993. The charity is a eompany limite(I by guarantee and has no share
capital. The Iruslees who are also directors of the charitable company are elected by AGM as
required by the Memorandum and Articles of Association of Kadampa Medial¥)n Centre Plymouth
Ltd. They retire by rotsliona and are eligible for r￿eleCts.0n.
Objectlve8 and activitl•s
The principal actNity of the company is the promotion and t@achirKJ of the Kadampa Buddhist way of
life under the guidance of the elected General Spiritual Director of the New Kadampa Tradition -
Internal Kadampa Buddhist Union INKT-IKBUI. For this purpose teachings are held in Plymouth
and other South and Wesl Devon and Comish towns. In addition Ihe ￿ntre offers day courses, half
day workshops, retreats and other special events. The centre and its classe are open lo every
member of the public and as such are made available and accessible to everyone. The centre
seeks lo make a positive impact on the local community.

Achievements and performance
We had a very successful South Wesl Oharma celebration in December approximately 100
people joining us for the weekend. We offer classes every weekday lunchb'me and three evenings
a week at our main cent￿. Our Teacher Training Programme and Foundation Programme remain
popular as do our very practul Saturday half day workshops and urban ￿treats.
Small company provisions
This report has trjeen prepared in accordance with the provisions in Part 15 of the Companiès Act
20Cé applicable lo companies subject to the sm811 eompanies regime.
This ieport was approved by the board on 13 September 2024 and signed on its behalf.
Trustee

Kadampa Meditation Centre Plymouth Limited
Independent Examinees Report
I report to the charity trustees on my examination of the accounts for the year ended 31 December
2023, which are set out on the attached pages.
Respectlve responsibilitles of the trustgo and examinei
As the charity's trustees of the Company Iwho are also directors of the company for the purposes
of company lawl you are responsible lor the preparation of the accounts in accordance with the
requirements of the Companies Act 2006 I'lhe 2006 Acti.
Having satisfied myself that the accounts of the Company are not required to be audited this year
under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of
my examination of your charivs accounts as carried out under secbon 145 of Ihe Char¢ties Act
2011 1"Ihe 2011 Acll. In carrying out my examination, I have followed the Directions given by the
Charity Commission {under section 145151(bl of the 2011 Act.
Independent Examlner'5 Statement
I have complied by examlnatlon. I conllrm ihat no materlal matters have come to my allentlon whlch gives me
cause to believe that..
accouniing records were not kept In accordancewlth Section 386 01 the Companles Act,. or
• the accounts dc not a¢¢grd with $ueh records,. or
• the accounts do noi comply wllh ielevant accountlng requlrement5 under section 396 01 the Companles Act
2008 other than any requlremeni ihat the accounis give a ￿rue and fair vlewythlch Is not a matter consldered
as part ol an Independent examlnatlon; or
the accounis have not been prepared In accordance wlth the Charllles SORP IFRS 1021.
I have no concern5 and have come across no other matters in connecllon with the examinatlon to whlch
anentlon should be drawn In thls report in order io enable a proper understandlng ol the accounis io be
reached.
Sadie Rogers
Chartered Accountant
Headlands
Vicarage Road
South Brent
Devon
TQ10 9JL
13 September 2024

Kadampa Meditatlon Centre Plymouth Limited
Detailed statement of financial activities
(including income and expenditure account
for the year ended 31 December 2023
2023
2023
2022
Note Unrestrided
Funds
Total
Fund8
Total
Funds
Incomc
Donations
Other Income
Total Income
44,439
90.640
44,439
90,640
6,847
82,175
135.079
135.079
89,022
Expendlture
Costs on other trading aclivies
Expenditure of charitable activities
Tot•1 trxpondltur•
16.606
47,301
63,907
16.606
47,301
63,907
19,340
74,546
93,886
Net Income & Ngt movement In funds
71,172
71,172
14,8641
Reconcllatlon of fund¥
Total funds brought forward
Total funds carried fofward
240.760
311,932
240,760
311,932
245,624
240,780
The statement ol financial activities includes all gains and kjsses recognised in the year.
All income and expenditure derwe from continuing activities

Kadampa Moditatlon Centre Plymouth Limbtgd
R￿Istered number..
03394073
Staiemant of Financlal Posltlon
Notss
2023
2022
Flx¢d assets
Tangib¢È assèts
536.813
491,296
Curygnt assets
Stocks
Debtors
Cash el bank orbJ in hand
3.800
8.494
26.007
38.301
44.447
48.307
Cr8dltors.' arnounts fallln9 duo
wlthln one year
110,9881
136,S391
No1 ¢urr•nt a880ts
27,333
11,768
Total 014•t• Ims ¢urMnt
IIBbllltl•$
564.146
503.164
Cr•dttor8- amounts falllng du•
aftor moro than onè year
1252,2141
1282,4041
Net a$$•ts
311.932
240,760
Capltal and r•serve8
Retslned eamlngs
10
311,932
240,760
311.932
240,760
These flnancial statements have been prepared in accordance wlth Ihe pro¥l$lon$ applicable lo
companies subj8CI to Srnall C￿panieS, re9iTh.
Approved by Ihe toard on 13 September 2024

Kadampa Meditation Centre Plymouth Limited
Notes to the Accounts
for the yèar ended 31 December 2023
1 A¢counting policles
Basis of praparation
The accounts have been prepared under the historical cost convention and in accordance with the
Companies Act 1985 and the Slalemenl of Recomrnended Pract￿ '. Accounting and Reporting by
Charitie8 issued in March 2005.
The financial stslernents are prepared in sterling, whKh is the fUnct￿nal Cufrency ol the entity.
Incoming resourcgs
All incoming resourcés are included in the $talemenl of financial activities when enlitlernent has
passed lo the charity,. il is probable that the economic benefits assocaited with the transaction will
flow lo the charity and the amount can be relrabty measured. The following specifi'c poli¢ies are
applied to patty'cular categories of income..
- income from donations or grants are recognised when there is evidence of enb'tjemenl to the gift.
receipt and 115 amount can be measured reliably.
- legacy income is re¢ognise(I when receipt is yobable and entitlement 1$ established
Income from donated goods is measured al the fair value of the goods unless this is impractical
lo measure reliably. in whieh ¢45e Ihe value is deriv8d from the cost lo the donor or the oslimaled
resale value. Donated facilities and seyviees are recognised in th8 accounts when received if the
value can be reliably measured. No amounts are included for the contribution of general
volunteers.
Re8ources expfrndod
Expenditure is recognised on an accrual basis as a liabilit Is incurred. Expenditure includes any
VAT whicih cannot be fully recovered. and is reported as part of the ex￿ndIt￿re lo which it relates,
Tanglbl• Ilxed assets
Tangible fixed assets are measured at cost less accumulative depre¢talion and any accumulative
impairmenl10s5es. Depreciation Is provided on all tangible fixed assets, other than freehold land,
al rates calculated lo write off the ¢osl. less eslimaled residual value, of each asset evenly over ils
expected useful lrfe, as follows".
Plant and machinery
Fixtures. fittings, tools and equipment
over S years
over 5 years
Stocks
Slo¢ks are measured at the lower of cost and estimated selling price less lo complete and
sell.
Tax•tion
As a charity. Kadampa Meditation Centre Ltd is exempt from tax on income and gains falling wlhin
section 505 of the Taxes Act 1988 to the extent that these are applied to its tharilable objects. No
lax charges have arisen in the Charity.

Kadampa MediL2tion Centre Plymouth Limited
Notes to the Accounts
for the year ended 31 December 2023
Unrestricted
funds
Total fvnds
2023
Total funds
2022
2 Donatlons and other in¢omo
2023
Rent
Membership
Donations
36.829
19.945
44.439
33.866
135.079
36,829
19,945
44,439
33,866
135,079
20,903
27,548
6,847
33,724
89,022
Sales
Unrestricted
funds
Total funds
2023
Total fvnds
2022
3 Co$t$ on other trading actlvlos
2023
Purchases
Other direct costs
11,230
5,376
11.230
5,376
14,496
16,606
16,6C6
19,340
Unre$tri¢ted
funds
Totsl funds
2023
Total funds
2022
4 Exp•ndlture of ch•rltable aetlvltles
2023
Employee costs
Premises Costs
General adminislralion costs
Legal and Professional costs
Depreciation and profil Ilossl on sab of assets
Inleresl
2.138
8,503
18,808
3,594
3,303
10,955
2,138
8,503
18,808
3,594
3,303
10,955
2.519
22,572
27.543
5,476
5.058
11,378
47,301
47,301
74,546
S Employ99$
2023
Numbtr
2022
Number
Average number of Fersons employed by the company
No trustees received any remuneratton during the year.

Kadampa Meditstion Centre Plymouth Limited
Notes to the Accounts
for the year ended 31 December 2023
6 Tangible fixed assets
Plant and
machlnery
etc
Land and
buildings
Total
Cost
Al 1 January 2023
Additions
Disposals
At 31 December 2023
480.510
48.640
23,834
80
19991
22,915
504,344
48,720
19991
552,065
529.1SO
Depreclatlon
Al 1 January 2023
Charge for the year
On disposals
Al 31 De¢ember 2023
12.948
2.554
12501
15,252
12,948
2,554
{2501
1 S,252
Net book valu•
At 31 December 2023
529.150
7,663
S36,813
At 31 December 2022
480.510
10,886
491,396
7 Debtors
2023
2022
Trade debtors
8,494
8 Credttors: Jmounts falllng due wfthln one year
2023
2022
Other creditors
10.968
36,539
9 Credltors: amounts falling du• after ong year
2023
2022
Bank loans
2S2 214
262,404

Kadampa Meditation Centre Plymouth Limited
Notes to the Accounts
for the year ended 31 December 2023
10 Analysls of charltable funds
Unrnslr¢it8d funds
At 11112023
Incom•
Expenditure At3111212023
General funds
240,760
135.079
163,9071
311,932
240,760
135.079
63.907
311,932
11 Other Information
Kadampa Meditation Centre Plymouth Limrted is a private company limited by guarantee and
incorporated in England. Its registered office is".
48-50 Mulley Plain
Plymouth
Devon
PL4 6LE