Re8lStered Charity No. 297894
Annual Report for the Year Ended 31st December 2024
for
Triratna Cambridge

TRUSTEES. REPORT AND FIK4piaALSTATEMEpifs FOR THEYEAR ENDED 31rt DEr￿MBER 2024
The Trustees presenttheirreport and thefinanrial statementsforthe yearended 31 De￿Mber202
Thefinèncialstaten*nts h3ve been prePa￿d in accordan￿ w¥th the Cliarities 50ftP {FRS 102}-
Accounting and Reporting by (harities, asamended bythe Update Bulletin issued in October2019,
the Charltles Act 2011, and the accoun￿￿8 poNdesset out in the accompany#w note5.The firtanclal
statements aLs0 comply with the cbariV5 govemh¥ document.
REFERENCE AND ADMINISTRATIVE DETAIIS
Charity Name and Number
Triratna Cambrfdgr. regISte￿d diarlty number 297894.
Operatlng underthe namw. Cambrldge Buddhlstcertre {CBq.
Reglstered Address
36.38 Nekniarket RO￿ Cambr*e. Cambrfdgeshlr4 CJ58DT
rru5tee5 durinE 21r24
Mrjamessessions {Arthasiddhl)
MrArthaprlya UNeill (Arthaprird}-m8ned atAGM held on Q November2￿24
Mrjohn Turner ISarwailt)-Treasurer
Mrsartosh Kamble (San8lm￿thj
Ms Elklewootton IAmaTrthandTr)
Mr Mike Silver (Keturdjal-chalr
M5 Vlmaladlpa Tennrson IVfmaladlpal-Se¢retsry
Ms Elleen Merryweather IMoksh8cara)
Bankers:
CTropeTrtfve BanK PO 8tyAIOL l Ball[￿n Street Manthester, M60 4EP
Independent Ey•miner.
NIc1￿laS Gny, Ff¥i44T. P41hisihna. Coddlnoton Courty Coddli* Ledbury, HR8 IIL

OBJECTIVES ANDACTivmES OF THE CHARITY(Indudes'Achlevements & Perfornnnc&)
The obiertof Trirntna CambridEe i5the advan￿Ment0fthe Buddhist rel1w0￿ In pa￿Ular.
l} To encouTrgeinembersand othersto live In accordance with the teathlngs of the Buddha:
2) Tosupportordained meinbersof the Triratna Buddhist Orderand otherdulyordalned
Buddhists atthe dts¢retioTr otthe Councll ofTrirdtna Cambrldge:
31 To malntsin close communlcatloyj with and work underthe8￿d5nce oftheTrtratna Buddhist
Order and in COllopeTrtion wlth other groups w6th the sarne object&
41 To apptic*lons of the Buddh*5 teaehingto promote the heolth well*eing of all.
2Q4was a veryfullyearfr)rCambrldge Buddhist Centre. Offeri￿ollr usual wide Tal￿ of Buddhist and
medltalkfft dasses, almed at a d￿rse cr05S•Sethon of the communlty. These Include classes on
Buddhism, meditatbn and mlndfvlnew a weekly Dhamia Night expbringa wide range otBuddhist
topi￿ a weektymeditation evettln¢ and re8ulardmpin meditstion dasses. We also hold a monthly
fulkmoon pula (devotional ritiEaD ftBht and have a range of San8ha {communityl eventsthroughoutthe
year indudlng several festlwal days Invo￿{[rg Meditatio￿ Dhamla tdlk¥ and Buddhtst ritual.
Tlfft are a150 ￿M￿lEY aboutten study groupswhich meet ryularty. and many people ha￿ requested
ordination into theTrirdtna Buddhist Orderand meet ￿gularlYt0 5UPPOrt that aspiratlon The Buddhlst
Centre also organtiesseveral retreats a year, some at an Introductorylevel and 9)me formore
experienced prnctitioners
The cam￿Idge Buddltstcentre Is also a venue forcourse5 In Mindfulness Baqed Stress RedtsLtlo￿ Oeep
Relaxatiu￿ Yoga, Tai Chi and PTlat&s. all of whlch are well attended. Becauseth tharty0￿pieS an
hi5torlcth&*ethere are ilso arts everts and occasFonal Op￿ daysforthe general publtc We also host
visits fium5everal local schoolsthroughoutthe year.
One enCoU￿1n8 aspectof 2024 has been the ttlntinued development of a sub-30s monthly dass. whlch
Is now run by a dedicated team of young people wlth monthly eveningst breakfast seminors and other
events. Growlng connettions and frleTrdships are developkn& resulting in increased engagement of
young peopte across the Centre's actlvitie&
Promotlng young peopleg activitles Is a key prlority of a Centre Vlslon processthat'started in the second
half of the yearwSth a meetlng of 15 senlor members of the Sangha In September2024. Jt 15 e5seTrtial to
attrdttyounger peopEe tothe Centre in onler to address the ageingdemogTrphic of the Centre's
community Isangha), with people under ￿ (and Indeed under5Qll beingthe Ilfeblood of the Centre In
the yeaTSto come. Tothat end. anotherwelm development in 2024 wasthee5tablislEment of a
Famllies Gmup encouraging the Involvement of people with youngfamllies and helping to explore how
to lead a Buddhist life whitst brlrgln8 up childre

Another prloffty Identlfied In the Vislon pro￿$ Istoencournge a divetse and Inclusive communlty. We
geta culturally dlver5e TarEe of people comlng to our dasses and drop-in events but thls need5 to be
actively encouraged and thlsyearthe Certre has bwdun h05ting People of Colourevents every couple of
months.
other prfotlty ams identlfied4thatwill be worked on overthe comlngyearsl Include providing dear
pathway5 fordeepening engagement at ?11 level¥. creatlon of beautKul. Invltlng sacred spa￿. arnl
encouraglngan er￿ged, artlve and wtdely empowered communlty. With respettto thi5 last poln¢ it ts
importantto recogni5e kK)w much the Centre relies on the involvement of volunteers across all Its
athlties. As well as belng cruciol to the successful opeTrtion of the Centre. this 15 a150 a vital way for
people to deepen thelrsangha connectlDn5 and feel part of the community.
D*a E(onLinry
As part tsf our Buddhlst practke we operate a Ikna Econorf based on generosty Idana), where our
medtstion and Buddhlsm events are provided free of charge. wlth parti¢ipantsgiven the opportunltyto
donate to the Centre ratherthan paying a fixed fee f0rattendafi￿. The aim is forour courses. dasses,
retreats and eventsto be availabte to a wider range of people who fdn attend regardlessof thelr
financial situatsw HoweW,tt￿Seth3t arefinandally able to are encouraged to provmlea donation to
hÈlp with the running of the CentreW￿n theyattend the Buddh15t Centre.
The D3nè Etonomy also reHes on re£ulxcommunty (Songha) members contrfbubng financialtythraugh
monthlystsrtdlng Orders. Whibtthe ￿neroSIty of the C8CSantha members was a gr&* ber
throughouttheyear. both fknancialty and pwcholoytalty, It was a150 recognlzed thattherewere
inLTeased costs In personnel and operatlonal costs in 2024, and as suth a fundralslng appeal was held in
October2024.Thls resulted in sÈnificantly inueased stsftdl￿ Orders (the bedr￿k of a succe￿1 Dana
econt)my), with average regulardoftations increas1￿frorn approximatety£4400 permonth lnthe first
nlne months ofthe year. to an averdEe of £55(D permonth In thefourth quarter {a 26% Increase). This
is reflected inthe increase In Don*ionsoierthe year. frorn £132K in 2023 to£147K in 2024 {an Il%
Sncrease).
nanckls
2024was a stable yearfrom a finandal peryecthe, althouth notwlthoth tts challery& Injanuary our
new accounts 5yStemwent live with a simplified accounting stnthre and supportingsystems a
shortened Chart of Acojunts and a moveto a llewonflneQuickBooks system which wlll havethe benefft
of allowlng remote access for multiple users. ThTs Provided us wlth a more consssterrt viewof the
accounts. and futU￿weats will benefft from havlng more acujiate fiJreca5ts and belng able to
extrapolate costs more atturdtely.
In temlsofthe artualfin¥nc4theyear largelyfollowed tt* foiecasL wlth increased I￿Offie balanryl
by increased costs. resultin8 in a slight prnfftof al]43 {as opposed to a sn)Bll loss of WOI in 20231.
In terms of Incimie. thetotsl incomefor2024 was £309K (upfrorn £255K in 2023), although a larse part
of that Increase wa5 a generousgrant for£38. 4QDfromAmey Communty Fund forsome essenttal

building repoints￿ IA terms ofexpeTW, total expensesfor 2024 were £307K (up from £258Kln 2023),
although ogaln there was an equiwdlent Increase due tothe major rebuildingwotk Undertaken in 2024.
As mentioned. the 21% Increase in totsl Income Is partially drlven bythe building grant from the
rnbrid8eshire Comniunity Foundatlon {CCFI. Comparlng unrestrlttedlgeneral funding ts perhaps a
bettercompar1s0￿ and one thatputs less unrealistic expectadons on the futu￿ Frotri this perspective,
income in 2024 was£zllK (up from £249Kln 2023) and expert5es were £273K In2024 {£251K in 20231,
leavlng a £2,133 defidt1£2.680 deficit In 2023).This 1$ 4 respectable 9% in¢rease In Income, althou8h
alongside a commensurate in￿45e in costs.
More broadly• CBChas been stea&il¥ reCO￿rin8 sincethe Covid years Income hltting a low of
£203.610 In 2021, inueasing by 9%to £22W in 20Uthen by 15%to £255379 in 2023.
Glven t1￿ chanBe in accountkn8 Structure, k 15 dlfficult to accurately compare ll￿for41ke cost centres
au05s 2023 and 2024 althou8hthe 2024fore(ast WJ5 based on the prevlousyear, lar8ely mappinBthe
okl Catego￿5t0 the new chart of accounts. However. a few salient comments can be made:
Incomefrom donations (both stsndlng orders and donations linked to Centre and fundrdtslng
eventsi was largely as forecast. However, the Increase in regular donations ISOS) and sorne
successfulfundTri51ng masked the dedlne in donations from people attendlng dasses and dro
In artivities. Thls Is a concerning trea¢ wkh a Comu￿n5￿ate drop In rtumbers of people
attendlngdasse5and othw Centreevents tPrdtneedsto be addressed tomaintalnthe vitaftyof
the
As expected, ￿ne1 costs increoseij over 2023 (from £109Kto£118K), although they vlere
largely asforecast. We have reducedthe slze ofthe Centreteam since 2023 and it now stsnds at
6.5 Fuiifime Equlvalent IFfo. Theteam thanged overthe year, with twi3 new membersloining
in March 2024. This resulted In 51gnifteantly intseased personnel costs in the finalthree quartefs
of the yeay, exa￿rbated bylncrease5 In the ￿vIng wage, which will obvlously r3rry oveT ti
21Y25. Theteam ￿ very har&worklng and effectlve but given that personnel c05ts represent
neèrly 50% of our nomBI expense5 {not lftc1ud1ngex￿ptr0nal bulldlng expenses) we need to
conttnualty reviewthe size and strucuwe ofthe team ta getmaximum benefitfromtheir effort&
De5plte severdl initiati¥esto man3ge COS￿ Qntre Propertyand Centre Runnlng costswere
hÈ8herthan forecasL largely due to the Impactof inffatton (WI￿ in general are Z5% higherthan
theywere five years ago) and the impartof higherenergy wice&
As suth. although 2024was healthlerthan we had antidpated in the mlddle of the year, and the Centre
does have financial reserve4 we still need to ensure that our regular Income ￿maInS hlgh. as weknow
we will face increased personnel costsin 2025. Ideallythls will be through increased strandi￿ Order5,
dearerexplanatlons of Dana forcourses & retreats aod Improved and more regular Da￿ appeals. Thls
15 an ongoin8 thallenge IrA a Dana Economy- howto keep the messagefresh 50that we can PTovide
Dhamia and medttation dasses kn a spirlt of 8ewoslty whilst balanclng the Ix>oks.

Staffing
From a CentreTeam perspectlve 2024was a goodyeari wlth ourchalr (Keturnja) provtding steady and
welkwftsldered leadershlpthroughouttheyear. He was ably supported byouTtwo Mitra Convenors
(Arthasiddhl and AmaTrthandtz)"whofom)ed a hlghly effective programme LY)mmlttee to review and
Improve ourcentre artivitles. -
Followinga period of an undetstre￿te3fflfr1II0w4llgthe reslgnètion of two team members in late
2023, we recruited two newstaff members- Pasadanlts (Helen Lewlsl 35 Centre Maw and PIM)ebe
Thomas as Communicatlon5 & Events AdminÈ5trator. The two have become lrtegral members ofthe
team, and great C￿dltgoest0AbhayaMltI {prevI0￿Centre Manager) for how he managed their
seamless intrnductknitotheteam.
tlnANAGEKqENT AI4D GOVERNANCE ARRANGEMENTS
Recrultment and appolntThentof newtn
The governlng document allows a minimum of 5 and a maximum of ￿ trust￿ Newtru5tees are
invited through disaLsslon between extstinEtrtsstees, to en5ureth*they are In hamionywith the alms
of the charity. In practice thls mean5thattrtJStees are seletted from the pool of membefs of the
Trlratha Buddhiqt Order within carnbr￿ge lapproxlmatety 120).
New trt￿e5 areglven a copyof a guidallwdocumeAt out15nir8thelr resptsrsibaities Oncorporating
materfal from The E55entklTNstee), and a cowof thegoverning document. En someo5e5, they are
vited as a guesrto a trustee5' meeung beforehand, so thatthey can WIt￿￿the operation of the
meetlng&
Rwtartrustee Meeti￿were held in 2024 (rougNy bi-mtythlyl, in additionto an AGM held on
November2O2￿Thr0￿8hO￿thtsvearthe CBChas beneffted from a stèblÈ Council. TheTrusteeswt)Tked
well together durfng 2024, as a cohe51ve, hannon10￿ team and addressing several key
strate8Fc Issue%
Arthapriya stepped down from the Coundl atthe AGM held on 6th November2024 He wasthanked for
his contrfbutions as 3Trustee. witludingthe period he Stepped In as interrn Chair at slgnificant
pwsonnel co
Rtsk management
The trustees have a duty to identifythe rlsksto Trththichthe charity Is exposed. and toenswe appropriate
controls are in place to prnide reasonable assurance ardinstfraud aml erTQr.
The majorfinanual rlsk rekite5to our exp05uretOWdrfations of don*tonsfrom individ￿l5.The
emphasts on encoutagtng regular members of the Sangha to set up monthlyStsndTng Order5 is desTgned
to make the donattoo income more predlctsbl4 ratherthan retylng on donatToll5fmm 5pecifK event&
The majoropeTrtlonal risk Is our rellance on volunteersforoll the core tsachlng aciivitses, as OUT
B￿ldhIs1teaChers aTr not paid forthetrserviw. However. the use ofvoluntserteathets doe5 I￿vethe

benefftof allowi￿ usto provldethe l>ana econornV Si[￿we are thcunlngaiw addltlonal costs
when we put on o I￿¥ couts
The rnap)tenano of an old, listed bulldlng is a constant challenge. Durln8 2024 we undertook a
signfficant bullding projectto wateyproof the bulldlngthrough É%tensive repolntin& safrguardirvdthe
extemal health of the busldingfo¢ anotherl(KJ years.Thts Is somethin8 we are proud of as cu5todlans of
suth an iwfjvrtant hlstorkal buildir￿.AheèIthY De*8nated Maitttenancefund lujrrent￿ 5tarKllng at
£22￿ g￿eS contklence thatwe havethe re50ur¢esto coverany unforeseen bulld1￿ repairs.
Safeguarding
OurAdult Safeguarding poltyand Child PrL%ertlon PollcyaTe resula￿ reviewed and both polic*5 4
aYdS]aWe on ourwebsite.
The Safeguarding Offi￿r of Cambridge Buddhist Centre isGilllan Thoma5 {PadmaJats). respDnslble for
coordinatlng the protsttion of chHdren gnd aduits who ma¥ be at rith atthe Cambridge Buddhlst Centre.
The SafeguarthgTrnstee of Cambrldge Buddhtst Centre is resporysible for maklngsuo safeguarfKW Is
taken serlously by the Tnts and appear5 regulartyon theiragenda& ensuringthe trustees comp
with thelrSafe8uardin8 obllgallon5 a5 reqiiired bythe Chartty Commission.Th15 role Iscurrentty being
covered bythe Chalr (Ketwaial.
ResenKs policy
Thet￿￿ See It astheirrespor15ibUityto hold reseNes forthe tharitytofunctioTr prope￿. The
adeouacy of the reserve5 policy 15 reviewed 3nnually.The income of the Cambrldge Buddhist Centre
comes from: donations, bodywork drn, ￿Trt from tke investment property. donatkjnsfrom dasse5
and e¥ent¥thegfftslw,.fuRdraishy eyents and other.facilittes gjth as room hire.
There issorne ￿rIabIlIty In InconE dePendll￿ on what events are held and the Eevel ot attendance. On
the other Ikind, the malortsxpenses are largety r￿ed and non4iscretionary: pe￿Onnel sakry and related
expense8 aswell a5Centre runnlngand malntenance cost& Therefore, to maintaMI liquldlty and avotd
maklngstaff redundant,the CBC needsto hold a sub5kntial resefve. A5 S￿h. the trustres usually pkn
to hokl between 3 to 6 rnonths expeftditureas free Atthe end of2024, our unrestrtcted cash
reselves Ilndudii¥ our DeSig[￿ted Maintenance Fund) were 3.3 mcKrtW worth of expenditur& It should
be that in 2025 we dalmedfortwoye3rs of GiftAid contributkins resulting in a £45K pasrynentln
June 2025 that should improve our unrestrkted cash position.
We alln to hokl at least£20Kfordesi8Trated bwlding Maintenan￿ projects, sIn￿thIS tsthe m05t IU(e
source of unexpected expense. although thts n￿ne¥ isivaltablefrircthrcentreexpenditure as needed.
At the end of 2024thisstood at£22L
Cijntrfbutionsfrom IndNldual donoT5 tontlnued to be managed in restricted°benevolent fijnds", the
aims of which w8sto bulld fvftds forthe long-terni well-belngand Buddhist prartke of aTriratha Order
Member WIM) had previou* beenthe Cthalr of our d￿rity {En the case of the Ththiraketu Benevolent
Fun￿} and forTriratna Order Membw3who ate fomw emptyee5lsTgnfficantvolunteErsof the

chaTity {inthe ￿￿e ofthe T8C Benevolent Funffj. Payments from fund5*e asdedded bythe
trustees in Ilnewsth the obiectThies and aCtfvItt￿ of the charlty.
DISCLOSURE NOTES on staff & payments to truste￿ & other related party transactlon5:
The charftyemployedan aveTageof 7 employw dur1￿ theyear15full-tlme.2 part-timel. No-
one earned mre than£60,000 pa.
The chaiity Pals into a pen51on fund for empknyees-thefultstime stsff are alloutom*lcal
enrolled Underthe rthv pension regutsttons. with penslon. Theamountof peTh5ion paid is
disclosed Separately￿1￿ the wtesto theSOFA on th next pa8e.
- Tlveeof the tntsteeswere a150 empw bythe charlty-the Chair, Mrmlke Silver (Keturdia),
and thetwo Mitra Convenor4 Mrjamessesslons (Arthasiddhl) and Ms Elkie Woptton
(Amardchandrd}. They arethe￿ pald fortl*irserrflces gsemplu￿e> Thi5 15 allowed in our
No tnth business wenses were incurred duringthe year.
Tht tharftydonates to otlwThratha Buddhist Communlty concems. in linewth ovrtharttable
alm5. Thls Included our anN81 contributionto the Trlratra DevelopmentTeam and donations
from the restrfcted benevolertfund to Ruchlraketu. a lool TrrTatna Order Memberwho had
prevlou51y been the Chalr of ourchafity. In line withthe wlshe5 of the individuajswho have
donated the monie5 to Set up this restfkted fun
There were no other trelated partytransactiong requlrlng disclo￿re.
MrMlkesllver(Ketura￿j is a Trits ofth4WlndhoT5e Trust,the tharltythat owns 38
we￿arket Rd, Cambrftr, in whlch the Carnbrhjge Btmldhist Centre ts housed.
Paymentmadetothe independent examlnerin the 2024attouDtswas£350.
STATEMENT OF TRUStEEY RESPONSIBiirriES
ChaTity law requiresthe tW5teesto preparefirsancial siaternentsforeach firtaTtcial yearwhich 5hDW a
true and fairvkw of the state of affaiT5 Df the d)arfty and Its fmancial a¢tivitses forthat perlod. In
preparing th￿fInana81 statements.thetrustees are requlred to:
Select suitsble accounttt8 p0￿cleS and then aP￿theM conslstently.
Makeludgmeirts and estlmatesthatare rea50Trable and prudenL
Statevthetherappllcable accounting stsndards and statements of retommended prdctice have
been followed, subje¢ttr> anydep3rture5 dixtosed and ew[ah￿l in finanda15ktements:
and prepare tt*fmrKklstatements onthE g￿n8 concern basis unless it is inapproprlateto
presumethatthe charltywill cont]nue in operdtlonal existence.

Thetrusteesare responslblefor keeplrvd proper accountlng Tecordswhlch disclose with reasonable
3¢¢urary at anytime the financFal p05ition ofthe charlty and to enable them to ensure th3tthe financial
ststements compty wlth the CharltksAct2011. They are al* responsible for safe8uardSngthe assets of
the tharity and heno£of taklng.reasonable stepsforthe preventio￿and detectlon of frnud and other
irTegukrilies.
S*ned on ￿half0f the trustees
MrJoh4Turner {SarvaJit)- Treasurer
2711012025
Trustees on date:
Mr MikeSi1ver{Ketura￿). Ms VlmaladlpaTeMl%)n IVllnaladspa)- Mrjohn Turner{SaNaSit):
Mrjames Sesslons {Arth05xldhl).. Ms Elkle Wootton IAmarachandrnl: Msjacqul Ewjm (Saci3kherna)

Trfmna C&mbrld8e(knwn asCambrld¥e Buddhistcefflrel
Statertwt Df FfjnandalArtl¥ltle5
Forih8yearw¢kd JI De¢enther2024
ljnresirltted
Funds
ZU24
Totsl
FUD
Total
FuDds
Ftsnds
2024
Funds
21J24
comlrfwurce5
Donations and leE3tle5
Charf¥8ble acdvltiÈg
Othertradlng activltles
Iwestment inior
Grants rece￿able
146.648
67.011
ii,w
38,639
7,2
153,848
67,011
IL580
38,639
131,885
70,$20
13,397
34.577
344C¥)
T￿•1 In￿rn￿B resour(e5
263,878
38.400
309A78
255379
esow¢osexpended
th•ritabltewsek'
8uddhlst centre
Supportfor Buddhist activ￿89
Managementand admlnistration
A40￿f￿ndS
144.008
18.504
65,744
37,754
144.(Q8
25,704
99,968
37.754
138,959
25,371
52,836
41,114
7.1
34,224
Total re50LWttS ey4>ended
266ml
J4224
a07,435
258.280
Netln¢ome IleXpEndltur•lfort￿¥+#
4176
I043
-2,￿1
Reeon¢lllaUon offund$
ealance brought for¥vèrd
Net movement in fuad5f¢rthe ￿￿￿
Pdoryearlsl adlustmènt
Transferfrom deslgnatedto u￿reStr[Cted
633.297
-2,133
5,704
00
27,615
4,176
58.919
719,83l
2,043
722,732
-2,901
-10.0
8814ncearrledlorw4rd
21.791
58.919
727.578
719,831

Not to the Statement ol Flnancial Artlvities
2024
2023
IncominE resources
l. Donatlons and legacies
Donations- unrestrirted
Donatlons- restricted
146,648
7,200
153,848
125,285
6,600
131,885
2. Charltable artivities
Mindfulness courses / retreats
Bodywork
Bookshop
School visits
Oiher
15,010
46,464
4,889
648
17,035
46,877
4,925
1.646
37
70,520
67,011
3. Other tradlng artfvltles
CBC rental income
Second hand book sales
10.335
1,245
11,580
9,487
3,910
13,397
4. Investmenl Income
Interest
Investmerrt property Income
714
37,925
38.639
448
34,129
34.577
5. Grants r￿Nable
Grants
38,400
38,400
5,000
Resou￿e5 expended
Charitable expenses:
6. Buddhist Centre
Staff costs (excluding pensions)
Pensions
Publicity
Travel & Entertainment
Bodywork
Vehicles
Bookshop expenses
110,871
6,651
3,993
101,955
7,111
3.168
323
21,985
435
3,982
138,959
20,193
1,932
144,008
7. Support for Buddhlst activltles
Triratna gifts & donatlons
Benevolent fund
Staff retreats & trainir¢g
10,026
7,2(KJ
8,478
10,440
7.200
7.879

25,704
25,519
8. Management and admlni5tration
Bullding maintenance lunrestrittedl
Building maintenance (designated)
Depreciation
office costs (includin8 bank charges)
Insurance & professional fees
9,435
34,224
12,777
30,888
12,644
99.968
15,574
13,025
13,646
10,591
52,836
9. Ralsing Funds
Event / retreat expenses
Investment property
21,385
16,369
37,754
25.017
16,097
41,114

Trirakna Carnbrld8e (known as Cambridge Buddhlst Centre)
Reglstered charity number: 297894
Balance Sheet
As at 31 December 2024
2024
2023
Note
Hxed assets
Tangible a55ets
Investment Property
Total flxed assets
io
li
37.433
496,000
533.433
46.197
496,000
542,197
Current assets
Cash and cash equivalents
Debtor5'. amounts due within one year
Stock
Total current assets
132,132
62,889
4,136
199,157
124,666
52,815
3,561
181,042
12
Creditors.. amounts due within one year
13
5.012
3,408
Net current assds
194,145
177,634
Total net assets
727,578
719,831
Represented by:
Charfty Funds
Unrestricted I general
Designated I maintenance
Restricted / benevolent
Total funds
646,868
21.791
58,919
727,578
633.297
27,615
58,919
719,831

Notes to the Balance Sheet
10. Tangible assets
Furniture and
equlpment
2024
Propertv
2024
Total
2024
Cost or valuation
At l January 2024
Additions
At 31 December 2024
162,310
97,363
5.454
102,817
259,673
5,454
265,127
162,310
Depreclation
At l January 2024
Charge for the year
At 31 Decèmber 2024
112,960
12,188
125,148
101,956
589
102.545
214,917
12,777
227.694
Net book value
At 31 December 2024
At 31 December 2023
37,161
42,303
272
37,433
46,197
3,894
20Z4
2023
11. Investment property
65 Abbey Road
496,OlXI
496,000
12. Debtors: amounts due withln one year
Accrued income
Trade debtors
Prepayments
Staff loan
58,265
44,320
4.620
3.874
4,270
350
62.889
52,814
13. Credltors: amounts due wlthln one year
Trade creditors (including credit card)
HMRC.. PAYEINI
NEST: pensions
Deposits received Ikey fob51
Accruals
274
2,069
574
1,845
2SO
1,308
1,850
250
5.012
3,408

Independent examiner'5 report to the trusteas of Triratna Cambridge
I report to the trustees on my examination of the accounts of Triratna Cambridge for
the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsibl8 for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trusvs accounts carried out under
section 145 of the 2011 Act and in carrwng out my examination I have followed all
the applicable Directions given by the Charity Commission under section 145(5)(b) of
the Act.
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to
my attention in connection with the examination giving me cause to believe that in
any material respect..
1. accounting records were not kept in respect of the Trust as required by
section 130 of the Act,. or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the applicable requirements conceming the
form and content of accounts set out in the Charities (Accounts and Reports)
Regulations 2008 other than any requirement that the accounts give a true
and fair view which is not a matter considered as part of an indep8ndent
examination.
I have no concems and have come across no other matters in connection with the
examination to which attention should be drawn in this report to 8nable a proper
understanding of the accounts to be reached.
Signed:
Kl,.L(. G,-
Nicholas Gray, FMAAT
Adhisthana
Coddington Court
Ledbury
Her8fordshire HR8 1 JL
23rd October 2025