NKT- IKBU
UMA KADAMPA MEDITATION CENTRE LTD
A company limited by guarantee
Annual Trustees Report and Financial Statements
31 St December 2025
Regislered charity number L089869
Registered Company number 04271203 In EnglarKI and Wales
A member of the New Kadampa Tradition - Intemational Kadampa Buddhist Union

Uma Kadampa Meditstion Centre Ltd - Annual Trustees Report 2025
Index
Page
Table of contents
Report of the Trustees
Statement of Trustee's Responsibilities
Independent examinels report
Statement of Financial Activities
10
Balance Sheet
11
Notes to financial statemenls
12-15

Uma Kadampa Meditation Centre Ltd - Annual Trustees Report 2025
REPORT OF THE TRUSTEES {Including Dlrectors, Report)
The trustees (who are also Company Directors) submit their report and unaudited financial
statements of the company for the year ended 31 st December 2025.
Reference and administrativ8 details
Registered charity name UMA MEDITATION CENTRE LTD.
Charity registration No:
1089869
Company registration No.. 04271203
Registered office
16-18 Spencer Street,
CarEisle, CUMBRIA
CA1 18G
Trustee detalls
Trustee Directors
A Stordy (appointed May 2025)
LM Devine
BJ Strotton
T Oliver-walsh (resigned May 2025)
S D Hopgood (appointed May 2025)
Company secretary
Independent examiner
Mr A Jenkins
14 Shiels Drive
Bristol. BS32 8EA
Structure and Governing Document
The charity, Uma Kadampa Meditation Centre is a charitable company limited by guarantee;
incorporated on 15th August 2001 under the Companies Act 1985, as a private limited
company It was registered as a charity on 19th December 2001. Originally incorporated as
Uma Buddhist Centre the name was changed by special resolution on the 24th September
2014. The company was established under a Memorandum of Association, which
established the objects and powers of the charrtable company and is governed under its
Articles of Association, as amended by special resolutions on 6th February 2004 and 6th
November 2020. In the event of the company being wound up members afe required to
contribute an amount not ex￿edIng £1.
Recruitment and Appoinlment of Management Commltt•e
Trustees are recruited from within the centre or from other similar ￿ntreS so that they have
knowledge and understsnding of the charty's aims and workings. To be elected or
appointed as a trustee, the nominee must be a member of the charity and are elected by
the members at the Annual General Meeting or by the Irustees and other members of the
organisation, in particular the Administrative Director and Resident Teacher, who have

Uma Kadampa Meditation Centre Ltd - Annual Trustees Report 2025
experience within the organisation.
The number of Directors shall be three. two of wh￿1 must be Members (and normally Local
Members) and shall be elected by members of the charity. The third Director shall be an ex
offico Director and must be the duly appointed Administrative Director of a major NKT-IKBU
Kadampa Meditation Centre in the United Kingdom, as specified in the Articles of
Association. Neither the Spiritual Director nor the
Administrative Director not Ihe Resident Teacher of Ihe Charty may be a director.
Related Chariti88
The charity is a member of the New Kadampa Tradits'on - International Kadampa Buddhist
Union ('NKT-IK8U), which is made up of the many centres throughout the world with the
same objects, however they are irKlependenl charities lined only by their objects and there
is no financial dependency although funds may pass between cent￿S to fulfill aims and
objectives.
Tru8t•a Inductlon and tralnlng
Every trustee must be familiar with the practical work of the charity and the New Kadampa
Tradition - International Kadampa Buddhist Union (NKT-IKBU). The trustees are familiar
with the Memorandum and Articles of the charity. urKlerstand their obligations as
Management Committee members arKI are aware of the current financial position of the
charity. In addition they must have read. understood entirely and accepied the Internal
Rules of NKT-IKBU.
Organlsatlonal Struc￿￿
The board of Directors shall appoint an Administrats've Director and shall delegate the
responsibility for all day-to-day management of the charity to himlher. The day-to-day
activities and affairs of the charity shall be conducted and all corresponding corporate
powers shall be exercised by the Administrative D1￿ClOr, in consultstion with the trustees.
The charity is affiliated with the New Kadampa Tradition charity, which is a parent
organisation for the ￿ntre$ of the NKT-IK8U worldwKle. As an affiliated ￿ntre, Uma
Kadampa Meditatbon Centre follovts and acts in accordance with the Internal Rules of NKT-
IKBU.
Ralatod Partles and cO￿peratIon with other organisation8
None of the trustees receive a remuneration or other benefit from their work with the charity,
Uma Kadampa Meditation Centre also occasionally cooperates with the New Kadampa
Tradition Charity, and the other NKT-IKBU ￿nIreS worldwide, for example when organising
events.
Pay policy for s•nior staff
The directors who are the charity's trustees. and the senior management team comprise of

Uma Kadampa Meditation Centre Ltd - Annual Trustees Report 2025
the key management personnel of the charity in charge of direcling and controlling. running
and operating the charity on a day-to4ay basis.
All Directorsltrustees give of their time freely and no d1￿CtOr1trustee received any
remuneration in the year.
Risk Management
The trustees have a risk management strategy which comprises of:
-regular reviews of the principal risks and unCertaint￿S that may face the charity.,
-the establishment of policies, systems and procedures to mitigate any risks identified in
regular reviews;
-and the implementation of procedures designed to minimise or manage any potential
impact on the charity should those risks maten'alise.
Objective8 and actlvltles
The company's objects and principal activities are to..
To promote the Buddhist Farth under the spiritual guidance of the elected General Spiritual
Director of the New Kadampa Tradition - International Kadampa Buddhist Union (NKT-
IKBU) principally through the activities of teaching. study, practice and the observance of
moral discipline all within the Mahayana Buddhist tradition of Atisha and Je Tsongkhapa as
taught by Venerable Geshe Kelsang Gyatso, the founder of the New Kadampa Tradition -
International Kadampa Buddhist Union, through the continuous implementation of the three
study programmes., the General Programme, the Foundation Programme and the Teacher
Training Programme, all as defined in Schedule A.
Schedule A
The General Programme provides a basic introduction to Buddhist View and meditation that
is suitable for beginners. The Foundation Programrne provides an opportunity to deepen
our understanding and experEnce of Buddhism through the systematic study of Buddhist
texts. The Teacher Training Programme provKles an opportunity to deepen our
understanding and experience of Buddhism through the systematic study of Buddhists
texts.
Volunteers
The charity makes significant use of volunteers in all areas of its actNities. All General
Programme classes held oulside the ￿ntre are taught on a voluntary basis with support
from local class members. The centre itself also regularly makes use of volunteers in many
areas, ranging from occasional help, through regular help, to full-time work on specific
projects.

Uma Kadampa Meditation Centre Ltd - Annual Trustees Report 2025
Public Bon•fits
In exercising their powers and duties, the trustees have had due regard to the guKlance on
public benefrt published by the Charity Commission. They believe that the work of the
charity in promoting the Buddhist faith has cleady identffiable beneffts. The charity believes
that there are three important public benefrts to promoting the Buddhist faith.. to help people
to develop their wisdom, to cultivate a good heart, and to maintain a peaceful mind. If we do
not strive to develop our wisdom, we will a￿￿ayS remain bgnorant to the true nature of reality.
Everyone wishes for happiness, but our ignorance or realty leads us to engage in non-
virtuous actions, which in tum are the main cause of all our suffering.
Further, if we do not cultivate a good heart towards others, then our selfish molivation
destroys the hannony of our relationships with others. We then have no pea￿, and no
chance to gain pure happiness. Wrthout inner peace, outer peace is impossible, both
personally and throughout society.
Beneflt to the Publlc
The charity offers regular courses of instruth'on in Buddhist philosophy, psychology and
meditation, bringing personal and social benefit. These courses are accessible to the public
for modest fees. The more advanced course$ of instruction require a gre￿er commitment of
personal time from participants. The charity also maintains a year-round programme of
ser¥ices of prayer and meditation, again open to the public.
Achlev•m•nts and porformance
Changes were made to the Management team half way through the year with the
Administrative Director leaving for another Kadampa Centre aThl the former Administrative
Director taking the role again. Running of the Education Programme was then shared
between the Resident Teacher and the Administrats"ve Director. The Education Programme
remained much the same with extra courses or retreats being offered from September to
give more opportunities to attend. The retreats in external venues in the wider district
continued to be well attended. The two successful branches in Penrith and Workington
continued. Social media was used more extensively to try to increase the reach of
advertising. Regular Open House events were held to attracl new people and build
Community. We continued to engage with the wider communty by taking up invrtations io
many educational visits and communty events.
Health and Safety considerations were ongoing throughout the year, in particular attending
to Fire Risk Assessments requirements.
Flnancial review
The trustees were very satisfied with the results for the year. Wrth a decrease in staff and
associated costs there was a surplus of £1,687, despite h￿h loan interest rates and the
increased cost of living in the UK. Planning ahead. the Trustees will be looking into suitable

Uma Kadampa Meditation Centre Ltd - Annual Trustses Report 2025
the increased cost of INing in the UK. Planning ahead, Trustees will be looking into
suitable methods for making savings and increasing income.
Our pricing policy
Our pricing policy reflects our strategy of enabling all wrthin our communrty, whatever their
means, to take part in our acts'vities and to attend our meditation classes and courses. We
offer regular discounts as well as some free classes and events. Concessionary admittance
to paid events is available on request, arKI no one is turned avray for genuine lack of funds.
To view our programme, and for further details of entran￿ fees. please visit our website
uma.org.uk or telephone our office, 01228 319344 or email hello@meditsteinc8rlisle.org, for
the centre opening times check our websrte, medrtateincarlisle.org.
Investmont pow•rs and pollcy
The trustees, having regard to the liquidty requirements of operating the Charity, have kept
available funds in an interest-bearing deposit account and seek to achieve a rate of deposit
which matches or exceeds inflation as measured by the retail prices index. Due to wider
economic circumstances deposit rates have been depressed and so this aim was not
achieved in the year.
Reservo8 policy and going concorn
The Board of Directorsltrustees ensures that there a￿ sufficient ￿serveS available to bridge
the gap between the spending and receiving of income, and lo cover any unplanned repairs
and other expenditure in unrestricted furds based on previous yearfs expenditure and
current budgets. These standards are set out in the Money Handbook issued by the NKT-
IKBU. The directors are of the view that the Charity is a going concern, based on the
relakn've stability in the activrties of the charty.
Princip￿ Funding Sour¢•s
All income in the year came from charitable activities: no funding was received from outSKle
sources.
Small Company provlslons
This report has been prepared in accordan￿ with the provisions applicable to companies
entitled to the small companies exemption.

Uma Kadampa Medltation Centre Ltd - Annual Trustees Report 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The charity trustees (who are also the directo￿ of the Charity for the purposes of
Company law) are responsible for pwaring 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 Ihe income and expenditure, of the charity for that period.
In preparing the financial statemenls, the trustees are required to:
select 8Ultable accounting policies and then apply them consistently.,
obsenie 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 con(xm basi5 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 Ihe financia5 statemenls comply with the Companies Act 2006. They are also
responsible for safeguarding ihe assets of the charty and the group and hen￿ taking
reasonable steps for the prevenlion and detection of fraud and other irregularities.
The trustees, annual report was approved on
and signed on behalf of the board of trustees by:
B J Strotton
Company Directoirrrustee

Uma Kadampa Meditation Centre Ltd- Annual Trustees Report 2025
IA Company Llmlted by Guarantoe not havlng a Sharn Capltal}
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 DeceM￿r. 2025
2025
2024
Unreslricled
Funds
Unreslricled
Funds
Incomo from:
Donations
Charitable aclivities
12 126
57.968
11 358
51698
Total Income
10,094
63,056
Expenditure on:
CharilatAe aclivilios
68 407
71.070
Total Exp¢nditur¢
68.407
T1,070
Net (Expense) I Income lor ihe Year
1,687
8,014
RECONCILIATION OF FUNDS
Funds broutht foTh¥ard
43.430
51444
Nel (Expènsel I Income for thé Year
1.687
18.0141
Funds Carrled FoThvafd

Uma Kadampa Meditation Centre Ltd- Annual Trustees Report 2025
The accompanying notes on pages 12 - 15 form part of these financial statements.
IA Company Llmlt•d by Guarantse not havlng a Share Capltal)
BALANCE SHEET

Uma Kadampa Meditation Centre Ltd - Annual Trustees Report 2025
As at 31 December, 2025
2025
2024
Notes
Unrestricled
Funds
Unrestricted
Funds
FIXED ASSETS
T8ngible Assels
220 500
228 000
CURRENT ASSETS
Cash al Bank
Deblors
Stock
26 263
21.913
963
500
1.s08
27. 771
23 376
CREC4TORS - Amounts due wlthln one yeaf
Other creditors
9.681
7.149
NET CURRENT ASSETS I (LIABILITIES)
238.590
244,227
CREOITORS - Amounls due after one year
Loans
193 473
200.797
NET ASSETS OF THE CHARITY
FUNOS OF THE CHARITY
Unre51ricled Funds
45.117
43.430
TOTAL CHARITY FUNDS
12

Uma Kadampa Meditation Centre Ltd - Annual Trustses Report 2025
The accompanying notes on pages 12- 15 fom) part of these flnancial st*em8nts.
For the year ending 31 December 2025, thè company was entthd to exemption from audit under Section
477 of the Companies Act 2C￿ relatin9 to small companies and are prepared according to that regime,
The Directors, responsibilities include." 111 The members have not required thè company lo obtain an audll of its
financial stalements for the year in questKsn in attordance with Section 476',121 The directors acknowledge their
respon￿bIlItIeS for complying wrth the requI￿n￿nIS of the hLt for accounting rewrds and prèparation of financlal
statements.
Approved by the board..
B J Strotton - Company Directorrrrustee
Date
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
a) Basls of Pr•paration
The accounts are prepared under the historical cost convention.
These financial statements have been prepared in complianc8 With FRS 102, 'The
Financial Reporting StarKJard applicable in the UK and the Republic of Ireland,. the
Statement of Recommended Pradice applicable to chanties preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK arHI Republic of
Ireland (FRS 1021 (Charities SORP (FRS 102}) and the Companies Act 2006.
b) Fund Accounllng

Uma Kadarnpa Meditation Centre Ltd - Annual Trustees Report 2025
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of
the general objectives of the chaiity and whith have not been de$NJnated for other
purposes There are NO restncted funds.
l income and expendrture is unrestricted, hence all balances on page 8 Balance Sheet
are fully unrestricted in nature.
c) Income
All incoming resources are Incl￿ in the statement of financial activities when entitlement
has passed to the charity,. it is probable that the economic benefits associated with the
transadion will flow to the charity and the amount CAn be ￿liablY measured. The following
specific policies are applied to particular categories of income..
income from donations or grants is recognised when there is evid8nc8 of enlitl8m8nt to
the grft. receipt is prOba1￿e and its amount can be measured ￿liablY.
F, income from donated goods is measured at 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 foalrties and services are recognised in the accounts
when received rf the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
F, income from contracts for thé supply of 8efvices is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spenl on a particular purpose and returned if unspent, in which case
It may be regarded as restricted.
14

Uma Kadampa Meditation Centre Ltd - Annual Trustees Report 2025
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
ACCOUNTING POLICIES (Cont'd)
d) Expenditurn
Expendrture is recognised on an accruals basis as a liability is incurred. Expenditure
includes any VAT which cannot be fully recovered, and is classified under headings
of the statement of financial activrties to which it relates..
expenditure on raising funds includes the co￿$ of all fundraising activities, events,
noncharitable trading activrties, and the sale of donated goods.
i, expenditure on charitable activities includes all costs incurred by a charity in
undertaking activities that further rts charitable aims for the benefit of its
beneficiaries. including those support costs and costs relating to the governance of
the charity apportioned to charitable activities.
I" other expenditure includes all expenditure Ihat is neither related to raising funds
for the charity nor part of rts expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource.
e) Tangibl• Fixed Assets and D•pr•¢lation
Tangible fixed assets are Sts*d at cost less accumulated depreciation, where
appropriate. Depreciation is provided al rates calculated to write off the cost less
estimated residual value of each asset over its expected useful lrfe (cars.. 4 years,
building.. 50 years).
Assets below £250 and grant funded expendtture are not capitalised, but vKitten off
within expenses. For propety improvements we depreciate over 8 years.
fj Company Limited by Guarantee
The company is limited by guarantee and has no share caprtal. In the event of the
winding up or dissolution of the company, the mernbers are liable lo contribute an
amount not exceeding £1 towards the debts and liabilities of the company.

Uma Kadampa Meditation Centre Ltd - Annual Trustees Report 2025
NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED)
Fixed Assets
Ffeehold
property
Motor
Vehicle
Total
Co•t
Balance brought at1 January 2025
Additsons
Disposals
Balance camed S)pward al 31 December 2025
306 000
300.000
6.000
306,000
DepreCi￿n
8alanc£ brought fr)riard at l January 2025
Charge br Ihe year
Released
Balance camed foThvard al 31 December 2025
76.StXi
6.OCIJ
1S00
1.500
78.000
7.500
82.500
3.000
85,500
Net book vilue it 31 De¢ember 202fj
Net book value al 31 Oecember 2024
217,500
223.500
3.000
4.500
220.500
228.000
3. CREDITORS w5th1n ono year
2025
2024
Bank loans and overdrafts
Trade credrtors
Accruals and rent deposrts
6.179
937
2.565
9,681
6.179
610
360
7.149
Other Creditor5 within one year indudes rent bonds, amounts due back to tenants upon satisfactlon
oflhe departure critena.
4. CREDITORS ov•r ono year
2025
2024
Bank loans and overdrafts
193.473
200,797
The above arnount includes a commercial bank loan secured on the freehold property. Interest on this
loan is included in the profit and loss account.
16

Uma Kadampa Meditation Centre Ltd - Annual Trustses Report 2025
5. Staff Costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
13,304
14,833
The average head count of employees during the year was 1 (2024: 1) and the average
number of full-time equivalent employees during the year was also 2 for both years. No
employee received employee benefrts of more than £60,000 during the year (2024: Nil).
The trustees received no remuneration or benefft from volunteering their services with the
charity, or a related ents'ty.
6. Oth•r Costs
2025
2024
Depreciation
7,500
6,000
Independent examination fees
360
360
17

Uma Kadampa Meditation Centre Ltd- Annual Trustees Report 2025
STATEMENT OF Income and Expendfture
For the y•ar •nd8d 31 Décemb8r 2025
2024
Tthal
Funds
Total
Funds
Income:
Don41ions and grants received
12 126
11358
Ch•rithble •￿I¥ll5e&
Education
Accommodation
Oiher (incl intèresll
19 984
36 443
1541
14 194
36 246
1258
51,698
Totsl Incomo
70,094
63,056
Expendllure..
Charitablè activitiès
Educalion
Oflerings & Donations
Shop I Cafè stock
Accornrnodalion
Premises Utilities
Building mainlenancdinsurancè
Staff c0515
Sundry l Admini51fation
Bank charges l ¢nteresl
tkwecialion
Profèssional l Aecounlancy
2815
2039
27S9
1741
595
3816
11630
6.300
14 833
1 170
21 447
6000
779
5108
9617
5914
13 304
1002
19 062
7500
1241
Totsl Expendituie
68.401
71,D70
Net IExp•n801 I Income lof the Year
1,681
Thrs note fs Pfovtded for m4n8sement and r￿ed nol Submitted ext•mally
18

Uma Kadampa Meditstion Centre Ltd - Annual Trustees Report 2025
Independent Examinerfs Report
I report to the trustees on my examination of the finanaal statements of Uma Kadampa Meditation
Centre Ltd ('the company,) for the yèar ended 31 December 2025 on pages 10-15.
Re$ponsibllitle$ and basss ol report
As the trustees of the Company (and also its diredor5 for the purposes of company lawl you ar8
responsible for the preparation of the financial slalements in accordance with the requirements of the
Companies Act 20Cfj I'the 20C6 Ad.). Having Satisfied myseff that the accA)unts of the company are
not required to be audited under Part 16 of the 21x6 Act and are eligibbe for independent exarnination,
I report in respect of my examination of the company's accounts as carried out under section 145 of
the Chanlies Act 2011 {'the 2011 Act'l. In carying out my examination I have followed the Directions
given by the Chanty Commission under section 14515)Ibl of the 2011 Act.
Independent examlnerfs statement
I have completed my examination. l Confirm that no matters have come to my attention in connection
with the examination giving me cause to believe..
accounting records were not kept in re$pe¢l of the ￿rnPany as required by section 386 of the
2006 Act,. or
the financial statements do not accord wrth those records., or
the financial statements do not comply with the accounting requirements of section 396 of th¢
2006 Act other than any requirement that the accounts give a 'true and fai¢ view which is nol
a matter considered 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
charities applirable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republi¢ of Ireland {FRS 102).
I have no concerns and have come across no other matters in connection with the examination to
which attenlion should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
S￿ned
Date
16104 12026
Alistair Jenkn'ns
14 Shiels Drtve, Filton, Bristol. BS32 8EA.