Heart Jewel Kadampa Buddhist Centre
(A company limited by guarantee)
Report and Unaudlted Financial Statements For the Year Ended 31 D•cèmb8r 2024
Registered Charity number 1124913
Registered Company number 06485934

Heart Jewel Kadampa Buddhist Centre
(A company limited by guarantee}
Registered Charity number: 1124913
Report and Flnanclal Statements
For the Year Ended 31 December 2024
Pages
3to6
Trustees, report
Independent Examinerfs Report
Statement of Financial Activities
Balance Sh*t
Notes forming part of the financial statements
10t016
Pay2

Hgart Jèwel Kadampa Buddhist Centre
IA Company Limtted by Guarantee)
TRUSTEES. REPORT- FOR THE YEAR ENDED 31 DECEMBER 2024
The truslees present their annual report together wth the financial slatements of the ￿)ry￿any for Ihe year l January 2024
to 31 December 2024. The TTuslees conflrm that th2 Annual Repori aTrJ financial stalernents of the company COM￿ %Mth
the current slalulory requirements. the requirements of the cwipanls goveming dDcument and the Statement of
Recommended Pradlce ISORPI, applicable ID tharities prepaiiny Iheir accounts in accordance wth Ihe FinancAal
RepDr￿.ng Slandard applicable in ihe UK and Rewbllc of Ireland {FRS 1021 leffective 1 January 20151. Thi5 repotl has
been wepared in accordance the promsions applicable lo cornpanie5 enlded to the small companles. exemption.
Objectives and Athltle8
The aim$ ol the chartty are to help people. both Buddhist and non-Buddhist. galn greater happin8SS. Peace of
rnind and darity in IIEir daily lives.11 aims io make the leaching5 of meditalmjn aThJ Buddhism avaikble In an
ac￿SSIbl• and practical formal, promoti￿ inner outer peace.
The Centre specffically promote5 the teachiThJ5 of the Bud(Jha through the Kadarrb lineage. ¥Jnder the g￿danett of
Venerabl8 Geshe Kelsang Gya150 and New Kad8mpa Tradition- Irttèmational Kadampa Buddhisrn Union. M 13
linked bythis tra(lition of Buddhism and our Spiritual Guide to rTWW Kadampa 8uddhig1 Centres throughout the
d. bLrt it is finanaally indeperyknt from Ihese.
As ststed in our Memorandum and Arbdes ol Assoc4ation the objeds of Ihe Charity are lo promot& thÉ Buddhlsl failh
undw the spiritual guidance of the elected General spl￿bJaI DireL*or of tr* NEW Kadarnpa Trad110￿ntemation
Kadarnpa Buddhist Uruon INiff4KBU}. principally through the ath"vrffes of teaching, study.
practice and the observance of moral discipline all ￿thin IhE Mahayana Buddhrst Tradition ofAlisha and Je
T80nakh8pa as tauohl by Venerable Geshe Kelsarwj Gyatso the founder of Ihe NKT-IKBU.
The Charity aims lo promde tranquifity and spiiiiual teach￿5 to enable Stud￿10 leam to meditate. study and
pradca as Sel out in the objec*ves.
Achhv•mants and Performance
Heart Jewel 15 a re51denlial Kadarry Buddhist Centre. sel up ￿ 2008, arKI located i) Mauock Batll The Centre is a
regist8red charity, r￿. 1124913, a IV)r￿r0ffl rdigious organisalton establlshèd. orgwmsed. and op¢raled for religious
purposes.11 is home lo three residents and the Centre's leather.
The Centre predominxntly 8erve8 Ihe people of the North East Dertryshite l Oetiryshlip Dalps Ihmbor valw area, bui
also attracts people from lurther afidd for day courses and help3 biSIto￿ to Derbys￿re rnainlaln thelr meditation pradr£.
Meditation dasses
Medllauon dasses ar8 avallable kn bwnners noTrBuddhlsts. thrw to thanced dass8s meditations for more
experienced practiboners. Everyone is ￿elcome. Teachings are ￿ntre￿ on developing compassion and wlsdom to solve
our problems and make progress to greater h￿InesS and *elbeing Itwh med1th"o￿ and leac*ings. training our mind
to be more peaceful and stress free.
The Heart Jev￿1 Centre ha5 a qualffi8d wident teather. a Kadampa BuddhIstn￿l leaches ofdas8es
gnd pro¥Ades support and guidance to those altendirnj Centre.
The Gen8ral Program
Heart j(￿ Centre runs ￿&k[Y dropin medrtalI￿ d8sses Tuesdayto salw￿aY. Classes are held at Ihe Centre ar￿ at
'branch85' throughout the surroundwyj area 17n Chesterfield and m￿s￿eld).
The Foundatlon Program
Thls sludy program is run on Thursday evening$ ¥#J Is available for people vtho (xn commit to a longer4emi program of
stLvJy and prath'ce. It is also availa￿e by correspor¥1en￿. The progran include3 disojssion dasses to help people
deepen th8lr pradcal understsThling.
Pag• 3

HeartU6￿1 Kadampa Buddltst Centse
(A comp￿ Lirnited ty Guarant88)
TRUSTEES. REPORT- FOR THE YEAR ENDED 31 DECEMBER 2024 continued
Day ¢our5es and retreats
The Cenlre runs regular nwdttation courses and retrEats throU*w￿￿ Ihe ￿. These are held mainty at the Centre bul
also al vanues in tONWS acfoss Ihe region and other resldential Kad￿pa Centres nthe UK olher events and
actlvitles indude publictslks, Msit5 to local communty group$ and daity prayws.
Cownmunity and furhdralslng events
The Centre is open lo Msits from 5¢hools and olher loca C{mr￿Thfy grw. MOTE and more people *e accessirvJ our
courses on how lo use medltatlon lo ovwcome slress and ari￿.
Review ol aclivilie5 and fthurn plan$
At Heart Jev•EI Centre in 2024 t*ft) gerwal das5es Yme held weekty as as half¢Jay cwrses. and the more in depth
foundation programme dasses. retreats and pra￿TS. The nurrth of altendees rA)ntinued to rise.
Cheslerfeld branch classe$ continued vAth good attend8n¢e.
Through lundraising and sizeable donations ￿ vRre *Jle lo completethe rwa•. puitirwJ u$ In a more
benefiual situation lo pursue the acquisition of a bigger propety.
We contlnue lo look at options for suth r￿0¢allon. N%ilh the lo fjnd somevtsre a bigger medlfallon room. more
residenual room5 for people to stay, ljoth on long and short temi basis ft*r retreaL and to be aiAe lo have a spa¢e easlly
accessI￿e, enjoyable and benèfiual for all.
Flnanclal positiun
Duri￿ the year ended 31 D0￿mber 2024. the thaiity 3hLryEd a not of£36,000 {2023- £8.IX11) as a resu￿ of an
Increase in donaJons re￿1¥ed. Total charity frwKls have Increased lo £3D2.29212023- £266.292).
Re$•rvas pDIIGy
The Imstees considei that a levd of fr88 reserves ShoL￿d be retained in liquid funds equsvalènt to cover six months
overhead expendilwe to malntain 1he b85ic opera1ions of thè charity and prowde $(me sU￿ty against adverse finanrAal
evenfs.
Inv•strngnt poll¢y
The tsvstees considw that mrimal risk should be taken regardi￿ InVestMer￿ and consequeTty have a policy to Fla
funds on deposil only, to eam knterest.
struGtur•¥ Gov•manc• •nd Mana9om•nl
Governing Documenl
Thè Charity is conslttuled as a company INnited by warante& under the Compwles Acl govemed by its
Mernorandum and Artides of Assoualion. 11 is also a registered charity.
In Ihe evenl Of￿1nding up eath member w*antaes to pay a maxlmum of£10 lowa￿S the pay￿￿ of Credi1L￿5.
TA￿ee Recrukn￿nt and TTrining
Tnjslees arè racrulied fom the Centre or I￿￿ 5imil8r r￿treS so thal they have kn￿￿edge 8TrJ under8taThJlng of
the Charity3 aim$ and ￿[king5. Esd) tnjslee 15 guided by ihe ￿￿ent trustees and other rnEmbers of the organisation
prlnrip8lly the Resident Teather gnd can obtain advi￿ from other tswstees and members of other Cenlre5 follovding Ihe
sarne aims and oblects as ourselves.

Heart J•wo1 Kadampa Buddhisl Centrn
{A Company Limrted by GuaraTrtee)
TRUSTEE8' REPORT- FOR THE YEAR ENDED 31 DECEMBER 2024 ¢C•ntlnugd
Rèlalod partie5 and CO•0￿ratIoN wtth other oryanlsatlons
The Charity is a member of the NewKadampa Tradition- Inlemalional Kadampa Buddhist Union INKf- IKBC) %fvhich is
ma(Je up of rnany centres throughout the wth Ihe same objects. They are however all iNlependenl tharmes Ilnked
bythelr objects and fhere is no financial dependency betAw them allhoLuh o¢￿i0nalty fund5 may pas5 befvRen
centres lo lulfil alms and Obl￿t￿es.
TTUStees' responslbllitiès statemenl
The frustees (who ar8 also the diredor5 for the purp05e3 of Corrpany Law) are responsible for preparing th8
Trustee5' report and financAal sl3leff*nts in ac￿rdanCe applicable law and United ￿ngdoM Accounting
Standard5 (United Kingdom Generally A￿pted Accounting Pradb2).
Company law r￿UireS the Trustees to P￿pare fmancial statements for eath financial year. Undér Company Law.
the Trustees must not approv8 the finanaal statements unless they are satisf￿d thal they give a true and fair view of
the state of affairs ol the charitable company, and of the incoming resour￿$ and application of resources. including
the Income and expenditure, of the charitable cOr￿anYfOr that period. In preparkng these financial statemènts. the
trustees are required lo..
seled Suitab￿ accounting policies and then apply them consislenty.
ObSe￿e the methods and principlès in the Charities SORP;
mak8 judgements and estimates that a￿ ￿aSonable and prudent..
prepare the financial stateff*nts on the going concern ba$1$ unless * 15 in3￿ropriate lo presume that the
charlty will continue lo operate.
The trustees are te5ponsible foT keeping proper accounting records which disdose with reasonable accufacy al any
time the financial po5ibon of the charitable company and to enab￿ them to ensure that the finanual statements
compty with the Companies A¢X 2006. They are also responsible for safeguarding the assets of the charitab
company and hence fortaking reasonable steps for Ihe preventitin and detedion of fraud and other irregularilies.
In accordance with cotrY4iuny law, as the compan￿$ diyvctors. ￿ ¢•rtsfy thatr.
as far as we a￿ aware, there is no [•￿vant InformatK>n of bthich the compan￿5 independent examiner is
unaware.. and
as the directors of the company we have taken an IhE skp5 that we ought to have taken in order to make
ourselves aware ol any rekvant infomiation and to establish that the chartys Independent examiner is aware of that
infomialion.
Reference and adminlstratlve details
Registered company number
6485934
Registerod charlty number
1124913
RwlJt8r•d offi¢•
Gl8nholm8
Holme Road
Matlock Bath
DE4 3NU
Trustees
T Oliwer-Wa15h (appointed 16 February 2024)
R BrLEnt (appointed 16 February 2024)
C Bannister (appointed 16 February 2024)
Pag• fj

HeartJefv￿ Kidampa Buddhlst
(A Cornpany Lkn1￿ ty ¢￿arantee>
TRUSTEES, REPORT- FOR THE YEAR ENDED 31 DECEMBER 2024 conllnwl
Company 5eGretsry
K Chesters lappolnted 20 January 2025)
B Griffilhs Iresign8d 20 January 2025)
Indp8ndgnt examiner
Ruth Howie CA
134 Hilton Avenue
Aberdeen
AB24 4LL
This r8portwas approved bythe Trustees, on 16 August 2025 and signed on th8ir behalf by..
stee
Pag& 6

HeartJewel Kadampa Buddhist Centre
IA Company Limiled by Guarantee>
INDEPENDENT EXAMINER'S REPORT FOR THE YE4R ENDED 31 DECEMBER 2024
Ind•pond•nt Examinerfs Report to the Tn￿t#0$ of Hwl Jowèl Kadampa Buddhist Cantr•
l Tepom on Ihe finanaal statements of Ihe cornpany for Ihe ye¥ ended 31 De￿mber 2024. 7hthich are set out on pages 8
to 16.
Resp¢nslbltitl•s and basls of report
As the charitys trustees of the Company land aso its directors for the Pu￿0$e5 of coryany law> you are responslble for
the preparation of the accounts in a(ZO[da￿e vAlh the iequlrernents of th& ConN)anles Ad 20(*.
Hawng satisfied myself that the accounts of the Company are IM)t wuired lo be audlted under Part 16 01 Ihe 2006 Act
and are eligible for independent examlnatson. I rel￿ In respect of my examination of your tharivs accounts as carried
out Ur￿er Secbon 145 01 the Chanties Act 2011 Ilhè 2011 Acl?. In carrying out my examination I have loll0￿d Ihe
Directions qlven bythe Charily Com￿3310n ￿￿er Sectton 145(5) Ib) of Iha 2011 Act.
Independgnt examlnees Statsmont
I have completed my examinallon. I conffi￿n that no mailw8 have come to my altent4)n in connection with the examlnatlon
giving me cause lo believe..
untFng records were not kèpt in respeoi of the Conwany as r￿uIred by Sedion 386 of the 2(J)6 Act or
the accounts do not accord with those record$." or
the accounis do not comptry￿1h the aceounting requirements of Seclion 396 of Ihe 2006 Act other than ary
requlrem8nt that the accounts ￿ve a true and fair viewvthich is nol a matter cfjnslllered as patl of an independent
examirtat'on: or
the accounts have nol been prepared in accordance wih the methods and prinap]8s of the StslÈmenl of
Re￿mmellded Practlce for afxounting and reporbny by tharities Iwlicabk to charities Preparing Iheir accounts In
accordance wih the Finanual ReporlirwJ StsrKtard applicable in the UK and Reput￿1¢ of Ireland {FRS 10211.
I have no concems and have come au055 no other matters in connactÈon vath the e￿ninatiOn to Y+hich attenlion sho￿￿
be dravm in thls rwrt In order fo gnablè a proper ￿derStar1d1￿￿ of Ihe aceA)unts to be reached.
Signed..
4YJ
Ruth H1x￿O C4 Abgrde•n. on 16 August 2025
Pagg 7

Heart Jewel Kadampa Buddhist Centro
(A Company Limited by Guaranle8)
Statement of Flnancial Activities (includlng Income and Expenditure Accountl
for the Year ended 31 December 2024
Unrestrictsd
Funds
2024
Restricted
Funds
2024
Total Funds
2024
Total Funds
2023
Notes
Income:
Donations and legactes
Income frorn charitsble
activiknes
Oth8r trading activities
Inveslment income
Total income
13.116
24.270
37.386
2,302
41,325
845
20
SS,306
41.325
38,412
845
20
79.576
997
30
41.741
24,270
Raising funds
Charitable activities
Total •xpendituro
422
41,114
41 536
422
43.154
43.576
147
33,593
2,040
Net incomel(oxpenditurp)
Gain5 On revaluation of fixed
assets
Transfers be￿een funds
Net movement In funds for
the year
Reconcilladon of funds:
Total funds brought forward
13.770
22.230
8.001
130,050
21
22,230
{22,230)
21
36,000
36,000
138.051
266.292
266,292
128.241
Total funds carrlod forward 20
302.292
302,292
266,292
Statemont of totsl recognlsed gains and losses
The statement of ffinancial actimties indudes all gains and losses recognised in the
year. All income and expenditure derive from continuing activities.
The noles on pages 10 to 16 fom) part of these accounts
Page 8

Heart Je￿1 Kadampa Buddhist Contr•
{A Company Limited by Guara￿ee>
Balanee Sh¢¢t ￿ at 31 09￿Mb￿ 2024
2023
ftsnds
lunds
Fixod A88et8:
TangllXÈ a$sets- Prokyty
Tangl￿e assets- Equlpmenl
TotalJY¥edassets
Gurrent assets:
Stoc
15
294.000
300,000
1.051
15
294.841
301.051
16
1,366
28.245
Cash at and in hand
Total¢urr4nra55•ts
17,S30
27.611
1 B,458
Credit¢rs'. Arnunts faling (hje wjthin cfie
Bank
Otherereditm and acauals
Totsl C￿lIabIlItieS
Netcurr¢ntass•ts
rol•l euYr•MWabMhi
CredrfLYS: ArnwJJnts fallng rlue after mtyetha
ono year
Bank loo
17
17
6,6EO
1.CO0
6.680
20,951
315,7¥2
14,398
315.449
18
45,657
3.500
18
13.sf
Totallono t•mi IlabUftI•s
Totaln•t assets
13.5tKI
3Q2292
49.1S7
26Q292
Th•lund& of the Gharlty:
UrWe5t￿Cfrd funds
RevaluatioTh r88ervp
172242
130.050
198.242
130,050
Totaltfiarity funds fall unrestricted)
21
302392
2ÉU92
The (xJmpany'5 finanual statements have been waparad in accordance wilh the F￿￿￿￿10n9 appllcth to comp8nle$
subject to the smail cornpanies reglme.
The trn51ees consider that Ihe company Is to wmpl￿n from the re￿￿ement to have an aud* under th$
provisions ol $e¢tton 477 of the Companies Act 2006 Ilhe Act) and Mem￿1$ have not requlred the wmpany to Dbtain
an audil for the yèar in question in accordance with section 476 ofthe Ar
Th8 Trustees acthowledye their responslbHrties fv comp￿"ng wilh Ihe requiren*nts of Ihe Companies Acl 2006 wllh
Spetl to accounlng records and thè prEparation of ffinan¢ial statem?nts.
Tha financiol $tstements W¢￿ appy9￿ta & aulhori%ed for i56ue by the kn8lee8 on 16 Auaust 2025, and slaned on Iheir
behalf ty.
ru
The notes on pagès 10 to 18 fomi part of these aceoLW
Pa8e 9

Heart Jewel Kad*mpa Buddhlst Centre
{A Company Limited by Guaranle8>
Notes fomiing part of tho Flnancial Ststements for the ￿ar •nded 31 Do¢ember 2024
1. General informallon
The charty is a public benefft entity and a PTivate company Imnited by guarantee, registered in England and Wales
and a registered eharity in England and Wales. The address of the registered office is Glenholme. Holm8 Road,
ma￿Ock Bath, Matlock. DE4 3NU.
2Accounting Policies
The prinThpal acwunting polici8s adopted, judgements and key source5 of estimation uncertainty in the preparation of
the financial ststements are as folows..
a) Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement
of Recornmended Practic8 applicable to charibes preparing their accounts in accordance with the Charities SORP
IFRS 1021, the Financial Reporting Standard appIl￿ble in the UK and Republit of Ireland IFRS 1021 (effective 1
January 2015} and Ihe Companies Act 2[*%.
Assets and liabilitses are initraly recognised at hsstorical cost or transaction value unlèss otherwise stated in the
relevant accounting policy note{sl.
The finaTh￿al statements are prepared in sterling. which is the funC￿nal currency of the entity.
The pr8paration of the financial ststements reqirrires management to make judgements. estimates and assumptions
that affect the amounts reported. These estimates and judgem8nts are continually reviewed and are based on
experience and 0th8r factors. including expectation5 of fuiure events that are believed to be reasonable under the
ircumslances.
bl Going concern basis
The trustees are satisffied that thè accounts are Frepared on a going concern basis. with no material uncerlainties
about the charivs ability trj continue.
c) In¢omlng rnsources
All incoming resour￿$ are included in the statement of financial activities when entitlemfrrrt has passed to the charity",
it probablè that the economic beneffts associated wtth the transaclion will flow to Ihe charity and the amount can be
reliabty measured. The followng specific policies are apF4ied to particular cat8gori6s of income:
• income from donation$ or grants is recognized when Ih8ra is 8vidence of entitlement to the gift, receipl is probable.
and its amount can be measured reliably.
. legacy income is recognized when receipt is probable. and entitlernent 15 estabh'shed.
• incom6 from donated good5 is measured at the fair value of th8 goods unless this is impra¢ttcal to measure reliably,
in which case the value is derived from the cost to the donor or estimated resale value. Donated facilities and
services are recogniz8d in the accounts when r￿1Ved iflhe value can be relialAy measuréd. No amounts are
included for the contributton of general volunteers.
. income from contracts for the supply of services is recognized with the delivery of the contractod service. Thk8 i¥
dassified as unrestricted funds un￿S there is a contractual requirement for rt to b• S￿nt on a particular purpose and
returned rf unsp8nt. in which casg it may be regarded as restricted.
Page 10

Heart Jewel Kadampa Buddhist Centre
IA Company Limited by Guarantee)
Notes to Flnancial Statoments for the yèarended 31 D•e8mbor 2024 conlinugd
d> Resources expended
Expendrture is recognised once there is a legal or Constructive oblNJation to transfer economic benefft to a third party,
il is probabEe that a transfer of economic benefits wll be required in the s8tt18ment and the amount of the obligation
an be measured reliably. All income and 8xpen(*ture are accounted for gross. that 15 Wtthout netting off.
Costs are recognized as they aro incurred that is on an acuuals ba515 and are allocated to the type of income lo
which they relate and are apportioned on a reasonable basis if required dependNig on the typé of èypensé.
e) Tangible fixed assets
Tangiblè assets are initially recorded at cos( and subsequently $tatsd at cost ￿$$ accmlated depr8ciation and
impaimenl105ses. Any tangible assets carried at revalu8d amounts are recorded at the fair value at the date of
revaluation less any subsequent accumulated depreeAation arKI subsequent xcumulated iry1ai￿ent losses.
Depre¢iats'on is calculated to write off thg cost or valuation of an a5seL le5¥ its residual value, over the useful
economic lrfe of that a558L Residual value 15 based on the sales price which could currenlly be oblained on the open
market. less estimated selling Costs. DeprerAation r8tes used are as follows:
Propety- 2Vo Straight line
Motor Vehi￿eS- 20Vo reducing balance
Slocks
Stocks Arè valued at the lower of cost and net realisable value. after making due allowance for obsokle and s1(Iw
moving items.
g} Government granls
Government grants are recognised at the fair volue of the asset received or receivable. Grants are not reco9nised
until there is reasonablé assuran￿ that the charity will comply with the conditions attaching to them and the gran15
will be received.
Where the 9r8nt does not irnpose specified future perfomiance4elated conditions on th8 recipien( it is recognised in
income when the grant proceeds are receiv￿ or r8ce1vab￿. Where the grant does impose specrfied futtjre
performancevrelat8d condttsons Ihe recipien( it is recognised in income only whon ihe performan¢e-related
condiknons have b8en met Where grants received are prior to satisfying the revenue recognilv)n criteria, they are
recognised as a liability-
Page 11

Heart Jaw•l Kadampa Buddhi8t Centr•
{A Company Limited by Guarantee)
Notsg to Finan¢lal Statements forthe year ended 31 D•cember 2024 ¢ontinued
h) Flnanclal in$tvuments
A financial assal or a financbal liabilty is recognised only when the charity becomes a party to the contractual
provisions of the instrumenL The charrty only has finan￿21 assets and finanaal liabilities of a kind that qualfy a5
basic financial instrum8nts. easic financial instruments are initially recognised at transaction value. and subsequently
rneasured at their seiU8mant value with the exception of bank loans which are subsèquenlly measured at amortised
cost Using the effective interesl m8thod. Current assets and current liabilities are subsequendy measured al the cash
or other consideration expected to be paid or rec8ived and nol discounted.
il Taxation
The ¢harity is exempt from corporation tax on ris charitaJl8 activities.
j} Fund ac¢ounllng
General funds are unrastricted funds ￿1¢h a￿ available for use at the discTetion of thé Trustees in furtherance of the
general objectives of the company and which have not been designated for othey purposes.
Designated funds are unrestricteu fvnds of tharity whiGh the Irusle83 have declded at thelr di¥Grefjgn to set aalde
to use or a specific purpose.
Restricted funds arè funds that have been donated or raised for a specific purpo$8 imposed by the donor or the way
the funds have been raised. Thas8 funds must be expended in accordance with the restriction whan raiséd.
Investment incoma. gains and losses are allocated to the appropriate fund.
Page 12

Heart Jewel Kadampa Buddhlst Cenlre
{A C¢Jmpany Limited by Guarantee)
Notes to Financlal Statements for Ihe year endad 31 December 2024 contlnued
3. Ineome from donations and legacies
Unrestricted
2024
Restricted
2024
2024
Total
2Q23
Totsl
General donations
Gift aid
11.504
24.270
35.774
1.612
2,302
13,116
24.270
37,386
2,302
4. Income from ¢harilable activltles
Unrestricted
2024
Restncted
2024
2024
Total
2023
Total
Memberships
Day courses, events. retreats
Rental income
15,669
7.861
17.795
15.669
7.861
17.795
16.810
6.021
15.581
41.32S
5. Income from other trading a¢tfvltles
Unreslricted
2024
Restricte(I
2024
2024
Tolal
2023
Tot
Dharma shop income
Fundraising events
774
71
774
71
713
997
6. Inveslment Income
Unrestricted
2024
Restricted
2024
2024
Total
2023
Total
Bank interest recwv8d
20
20
30
7. Costs of other trading activitse3
Unrestricted
2024
Restricted
2024
2024
Total
2023
Total
Shop costs
422
422
147
8. Net incomlng resourcos for the year
This is stated after charging=
Unrestric18d
21r24
Restricted
2024
2024
Total
2023
Total
Depreciation
Loan interest
210
210
2449
263
4.742
2.659
5,005
Page 13

Heart Jewel Kadampa Buddhlst Contre
(A Company Limited by Guawtee)
Notss Financial Stslements for tha y8ar ended 31 D•¢ember 2024 continued
9. Expenditure of charttable resourcos by fund type
Unrestsicièd RestriLled
2024
2024
Totsl
2024
Totsl
2023
Charitable actwities
Support costs
37.852
3.884
37,652
5,924
27,998
5,742
41.536
2,040
10. Expondtture af charftable resources lry activtty type
Activities
Undertaken
Directy
Suppert
Costs
Total funds Total funds
2024
2023
Chariiable actNilies
Governance costs
37.652
5.911
13
43.563
13
33,740
31,847
5.924
43,576
33,740
11. Ana￿15 of support costs
un￿s￿lL￿ed Restrirtsd
2024
2024
Total
2024
Total
2023
Gelleral office
Flnanc• costs
Prof8ssional fees
Support costs- Teachers support
13
2.449
580
13
2,449
2,620
18
4,742
2,040
982
3.884
5.924
12. Independent examination fees
Un￿strI(￿ed
2024
Total
2024
Unre8tricXed
2023
T¢)tal
2023
Independent èxamination fe88
13. Trustee remumrallon and expenses
During the year. no TN5tees r8c8ived ary reTrvJneratK)n12023- £NIL).
During tha year, no Trusleas receNed any reimbursernent of expenses (2023 - £NILI.
14. Staff Costs
The average number of staff, of Pe￿OnS employed by the charty during the year was 1 {2023- 1).
No employee r￿1Ved remuneralion amounting ts> mor8 than £60.000 in either 2024 or the prior year.
Pag• 14

Heart Jewel Kadampa Buddhist Cent
IA C¢mpany Limiled by Guarnntee)
Notss to Financlal Ststsments for the year endèd 31 December 2024 contlnued
15. Tangiblo Flxgd Assets
Lar￿ aThJ
Buikjings
Equipftwt
Total
Cost or valuallon:
C05Vvaluation as al 1 January 2024
Additi'ons
300.000
4.060
304.060
Cost as al 31 Decen*>er 2024
Accumulated Depreciation as at 1 January 2024
Dépreciation for the year
3,009
210
3,OD9
6.210
6.000
Accumulatèd Depreciation as at 31 December 2024
6.000
3,219
9.219
NBV at 31 December 2024
294,000
294,841
N8V at 31 December 2023
300.000
1.051
301,051
The property was valuèd indtrpendenty by Fidler Taylor in 4oril 2024 at a market value of £300.000.
If the bu1￿1n9 had not been revalued. the carrying value would be the historical ¢ost Df £142.550.
16. Stocks
2024
2023
Shop stoi
928
17. Creditors Amounts falling due within one year
2024
2023
Bank loans
Deferred income
Accommodation deposi
3,000
6,160
500
1060
6,660
4.060
18. Creditor5" Amounts falling dug aftor more than one yoar
2024
2023
Bank loans
Other loan5
45.657
3.500
13.500
13,500
19. Secured loan
2024
2023
Amounts r8payable by instalments:
Wthin one year Inole 151
Wthin one and two years (noie 161
Within ts¥o and five y&ars Inole 16>
After more than five years (note 16)
3,000
3,000
9.000
33.657
Th8 toan was s8cured on the property Glenhokne. Hokne Road. Matlock Bath and wa5 fully paid off during the year.
Page 15

HeartJewel Kadampa Buddhlst Cents
{A Conpany Limited by Guarantee>
Nots$ to Financlal Statements forthe year énded 31 D•c8rnbor 2024 continued
20. Anatysls of ngt ass•ts botwegn lunds
General Restricled Total ffijnds
fur￿$
funds
2024
TDt31 funds
2023
(all g•n8ral)
Fixed assets - property and equlpm8nl
Current assets
Current liabiif(ies
Long- te￿ liabililies
294,841
27.611
(6.660>
13.5C)O
294.841
27.611
(6.660)
13.500
301,051
18.458
14.060)
Net as$•ts
302.292
266 292
21. M0￿MOnt In funds
At1Jan
2024
Net
n￿veMent
in funds
Transfers
betseen
fund$
At 31 Dec
2024
Restrlcted Funds
Unrestrlcted Funds:
General lunds
D88ignaled fvjnds
Total unrestri¢tsd fvnds
266.292
13.7TO
22.230
302,292
266,292
13.770
22.230
302.292
Totsl Funds
266.292
36,000
302,292
AtlJan
2023
Transfe
betseen
fund5
moveryEnt
in funds
At 31 Dec
2023
RestrlGtfjd Funds
Unrgstrlcted Funds:
General funds
Designated funds
Total unrestricted funds
128,241
171,791
33.740
266.292
128.241
171,791
33,740
266,292
T*)tsl Funds
128.241
171.791
33.740
266.292
Purpose of General funds
Thts fund is made up of donations forthe pU￿OSe of using n relation to the general objects cl the charity.
Purpose of Designated funds:
No funds were designated in the year ended 31 December 2024 or the FrfEViOU$ year.
Pun)ose of Restricted lunds:
Rèstridad funds relate to donations received to cover pawnent of Specyfic expenses and repayment of the bank loan.
Pagè16