IIEGisfERED COMPANY NUMBER: 01482154 and Wales) RE615TERED CHARITY NUMBER: $09746 R.F. MILLER Co. 5£•VIW6 YTrtE coMMyNIT fo OVÈI A IIVMOAED TÉAQS REPORT OF THE IRUSIEES AND UIIAUDITEO FINANCL41 sfATEMENYS FOR ThE VEAR Ef4DED 31 D£MsER 2024 MADMYAMAKA KADAMPA MEDITATION CENThE LID •AEAD9WJ6* 04ffj912025 COMPANIES HOUSE A23 11
MADHYAMAKA KAOAMPA MEDifATION CENTrE LID CONTEh175 OF THE ANANCIAL 5fATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2024 Pa8• Reference and AdmlTrlstrnUve Detalh R•port of th•Trust••S Independent Emamlnerfs Report Statement of Flnandal Artlvltl•s Balan Sho•t Calh Flow St•t•m•iit Not•s to th• Cath Flow Stat•mffit . Notes to the Flnanclal Statem 10 to 17 D•tall•d Stat4ment of Flnandal Artmtles 18 to 19
MADHYKA KADAMPA MEDITATION TRE LID Rf FERENCE AND ADMINlSfRATIVE DEfAILS FOR ThE YEAR ENOED 31 OECEMBER 2024 G Pugh R Brown T Oliver-walsh COMPANY SECRETARY L M Devlne REGISTERED OFFICE Kllnwick Percy Hall Pocklington York Yorkshire Y042 IUF REGISTERED COMPANY NUMBER 01482154 IEn8land Wales) ' REGISTERED OIARifY NUMBER 509746 Page I
MADHYAMAKA KADAMPA MEDITATKIN (%NTrE LTD REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees who are also dlrectors of the charlty for purposes of the Companie5 Act 2006. present theSr report wlth the flnanclal statement5 of the charity for the year ended 31 December2024. The trustees have adopted the prov15ions of Accountln8 and Reportin8 by Charltles". Statement of Recommended Practlce appllcable to char5ties preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effectlve l January 2019). OBJEcfivES AND AcnvtnE5 Objertlves and actlvlttes The object of the charlty to promote the Buddhist faithi princlpally through the teaching study• practice and the obseNance of moral discipline with the Buddhist tradltlon of Je Tson8khapa through the three New Kadampa Tradition Educational Programmes. The tharity alms to provide tranquility to enable students to study, practice and ob5efve the moral dlsclpllnes as set out in the objects. Thls has been achieved so frdr by establlshlng Madhyamaka Centre and teaching meditation to Buddhists and non-Buddhlsts to enable trn to maintain peaceful states of mirKI. A spiritual educatlon 55 provided to help, people improve the quality of their Ilves and relatlonships with others. STRATEGIC REPORT Achlevement and perfomiance Athlevements and Perfornianc• Madhyamaka KMC contlnued to provlde a wide rarqe of publlc servlces to the surroundin8 area and fvrther afield durlfy8 2024.Madhyamaka KMC classes and courses, continued to be popular and increased in numbers over the year. We introduced more weekend meditatlon courses. and mid week meditatlon breaks to open the centre up more to the publlc. The medltation dasses in local towns continued to be popular. The World PeKe Cafe and Wolds Retreat Bed and Breakfast contlnued to expand. develop and increase in popularity. and the ' grounds were frequented by many visitors as a relaxlng place of rest and reflection. We reIVed a 8rant for a new path which was lald early 2023, the result of whlch was many more people belng able to enjoy the 8rouftds and lake, induding those with disabilities and prams. We have contlnued to Improve the accesslblllty In the 8rounds, addlng paths up to the walled garden, and are currently fundra1n& to Improve the courtfdrd and walled garden areas Xl that It the Brounds are more acce55ible to everyone. Madhyamaka also contlnued to be popular with other Kadampa 8uddhlst Centres who visit on weekend retreats, The ntre contlnued to be rellant on volunteers from the wider communlty and local towns. who are regularly Involved In areas of the centre such •s the Gfft Shop, World Peace Cafe and 8arden5. Flnanclal revlew Fundlng sources Principally funds are reiVed from running courses and provldioq accommodation at the centre. donations recelvable. operatin8 the 8ift shop• 8&8 and World Peace Cafe and for runnlng courses at branches together with other furHlra151n8 events. sniucnME, GOVEIINAN(E AND MANAGEMEltf Governln8 d¢Jcument The Crity is constltuted. as a company limited by guarantee under the Companies Act and is a reglstered charlty. governed by the memorandum and artides of association with all the directors of the company bel¥ trustees of the charity. Recruftmart and appolntnient of newtrustees Trustees are recruited from within the charity or from other similar charities so that they have a knowledge and understandin8 of . the charity's alms and WOrn8S. Each new trustee Is 8ulded by the current trustees and other members of the or8anisation. The trustees are also encoura8ed to learn from and keep up to date wlth the charltys webslte and that of the New. Kadampa Tradition - Internatlonal Kadarnpa Buddhist Union. Or8anItI0TrII striithre The trustees are also the dlrectors of the company and are elected at the AGM. The trustees have appolnted the company secretary to carry out day404ay runnln8 of the Trtre. Pa8e 2
MADHYAMAKA KADAMPA MEOffATION CEPllRE LID REPORT OF ThE TrUSIEES , FOR THE YEAR ENDED 31 DErM8£R.2o24 STRUCTURE. GOvEftNAN A14D MANAGEMENT Related Charltles The charlty is a member of the NKf-IKBU whlch 15 n or8anlsatlon made up of many centres around the world wlth the same . objects. sharlng the Same spiritual Ilneage as well a5 the same educational programmes. They are all Independent charltles11 nked 'by their objects and there is no financlal dependency althou8h funds may pass between centres to fulfil aims and objertlves. Report of the trustees Incorporating a strategic reporL approved by order of the board of trustees, a5 the company dlrectors. on 8Juby 202 d si8ned on the board's behalf by: Btr. Trustee Tl. Brown Page 3
INDEPENDENTEXAMINER'S REPORTTO THE TRUSTEES.OF MADHYAMAKA KPZ)AMPA MEDifATION CENTrE LTD Independent examknees report to the trustees of Madhyamaka Kadampa Medltadon Centre Itd Ilhe Companv) I report to the charity trustees on my examinatlon of the accounts of the Company for the year ended 31 December 2024. Re¥lonbIlItIeS aNI 6351s of rwrt As the charity'5 trustees of the Company (and also its dlrectors for the purposes of company law) you are responslble for the preparation of the accounts in accordance wlth the requirements of the Cornpanies Att 2006 {he 2006 Act'l. Having satlsfled myself that the accounts of the CompaThy are not required to be audited under Part 16 of the 2006 Act and are ell8ible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charltles Act 20111he 2011 kt,). In carrylng out my examlnatlon I have followed the Dlrectlons 8lven by the Charity CommissSon under Sectlon 145{5) (b) of the 2011 Act. Independent ex•mln•rfs statement Since your charity'5 gross Income exceeded £250,OCII your examSner must be a member of a listed body. I can confimi that l am qualified to undertake the examination because l am a member of the A550Ciat*on of Chartered Certlfied Accountsnts, whlth Is one of the listed bodle5. I have ,completed my examinatlon. I confirn) that no rnatters have c¢)me to my attention In connectlon wlth the examination, giving me ause to believe: accounllng records were not kept Sn respert of the Company as requlred by Sectlon 386 of the 2006 Act: or the a(rounts do not accord with those records: Of the aryounts do not comply wlth the accountln8 requlrements of Sectlon 396 of the 2006 Act other than any requlrement that the accounts 8fve a t and falr vlèw whlchls not a matter consldered as part of an Independenl examination; or the accounts have not been prepared In accordance with the method5 and prlndples of Statement of Recommended pract1 for accountSn8 and reporting by charities (appllcable to charlties preparin8 thelr accounts In accordance wlth the Financial Reportln8 standard appllcable In the UK and Republlc of Ireland (FR5 102)). I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to which attention should be drawn in this report in order to enable a proper understandlng of the accounts to be reathd. Anbta Brook FCCA The Association of Chartered Certlfled Accountants 8 July 2025 Page 4
MADHYAMAKA KADAMPA MEDITATION TIlE LTD . srATEMENT OF FINANaAL AcnvmES FOR THE YEMI ENDED 31 DECEMBER 2024 2024 Total fvnds Unrestrfcted ftestrltted fund fuThl$ Total fvnds INCOME AND EIIOOWMENTS FROM Donations and le8acies 73.184 73,184 79.456 Charltable artlvltl•s Charitable actlvltles 298.007 298,IX17 281,311 Other trad1 actItIeS Inve5trnent income 135,846 135,846 136,664 17 Total 507.037 507.037 497.448 Raising ndS 72.802 72,802 91.826 charft•b athltl Charltable activities 362.077 362,077 378,757 Total 434,879 434.879 470,583 .. NEf INCOME n.158 26.865 REaATrON OF FUNDS Total funds brought forward 643,422 11,951 655.373 628,508 TOTAI FUND5 CARRIED FORWARD 715,580 11,951 727.531 655,373 The notes fonTr part of these financlal statements Page S
MADHYAMAKA MEDtrATION (ENIRE LTD BALAN SHEEr 31 DECEMBER 2024 Unre#rfrted Restrfrted fund funds Total funds Total funds Notes XED ASSETS Tangible assets li 528.642 11.951 540,593 540,593 Stocks Debtors Cash at bank and in hand 12 13 11.404 892.756 138.911 11,404 892,756 138,911 9,797 899,852 93,405 1,043,071 1,043,071 I,3.054 CREDITORS Amounts falSln8 due wlthln one year 14 (62,506) 162.506) (70.669) NET CURRENT ASSETS 980,565 980.565 932.385 TOTAL ASSEt5 iESS aiRRENT UABILMES 1,509,207 11.951 1.521.158 1.472,978 CREDITORS Amounts fallln8 due after more than one year 15 1793.627) (793,627) 1817,605) NEf ASSErs 715,580 11.951 727 531 655,373 FUNDS UnrestrScted fvnds Restrlcted funds 17 715.580 11.951 643.422 11,951 TOTAL FUND5 727.531 655,373 The charitable company Is entltled to exemptlon from audit under Sectlon 477 of the Companle5 Act 2006 for the year ended 31 December 2024. The members have not required the MPanY to obtaln an audlt of Its flnancial statements for the year ended 31 Docembef 2024 In accordance wlth Sectlon 476 of the Companles Act 21KI6. The trustee5 acknowledge thelr responslbllltles for {a} ensurln8 that the charitable company keeps accountin8 records that comply with 5ectlons 386 and 387 of the Companles Act 2(K16 and preparing financial statements hch 8lve a true and fair vlew of the state of affairs of the charitable cornpany as at the end of each financial year and of its surplu5 or deficit for each financial year in accordance wlth the requlrements of Section5 394 and 395 and whlch otherwlse comply wlth the requlrements of the Companie5 Act 2006 relating to financial statements so far as applicable to the charitable company. The financial statements were approved by the Board of Trustees and authorised for issue Dn 8 July 2025 and were s18ned on its behalf by: Trustee R. 6fQLA>n The notes form part of these finandal statements Page 7
MAOHYAMAKA KAOAMPA.MEDlfATION CENIRE LID CASH FLOW sfATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 Cosh Ilows from operating actlvltles Cash generated from operations Interest pald 106,T75 61,269) SYJ,654 58,204) Net cash provlded by operatin8 activlties 45.506 32.450 Cash flow5 from lryv•rtlry artlvltl Interest received 17 Net cash provided by investin8 activities 17 Chan8• In osh and cxh equlvalents In th• reportlng period Cash and cash equl¥alents at the brylnnlry of the rnportlng perfod 45.506 32,467 93,405 60.938 Cash and cash equlvalents at the •nd of the repth perfod 138.911 93,405 The notes form part of these financial statements Page 8
MADHYAMAKA KAOAMPA MEDrrATION CEPITRE LTD NOTESTOThE CASH FLowsfATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 REcomauATm OF NEf NCOMETO NEfcASH FLOW Htom OPERATING AcnvmES Net Income forthe reportkni perfod13s perthe sty*ment of Flnanclal 72,158 26.865 Adlustments for. Interest received Interest paid {Increase)/decrea$e In stocks Decrease in debtors Decrease In credltors (171 58.204 5.606 5.555 (5,559) 61.269 (1.607) 32,141 Net tash prnvlded by operatlons ' 106.775 90,654 AP4ALYSIS OF CIIANGES IN NET OEBT At Vl124 Cash flow At 3VII124 Net Ash Cash at bank and In hand 93.405 45,506 138.911 93,405 45,506 138,911 Debt Debts fallin8 due within l year Debts falllng due after I year 130,10> 817.605 (24,(XK)) 793.627 23,978 847,605 817.627 Tot•1 754.200 75,484 678,716 The notes fomi part of these financial ststements Page 9
MADHYAMAKA KADAMPA MEOITAnoN TrE LTD NOTES TO ThE FNANaAL STATEMENTS FOR ThE YEPJI ENDEO 31 OECEMBUt 2024 ACCOUNTING POUCIES AS15 OF PREPARING THE FINAN(JAL STATEMEpirs The financlal statements of the charitable company* which is a publlc beneflt entlty under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'AUntIng and Reporting by Charlties: Statement of Recommended Practice applicable to charities Pfepaflng their accounts In accordance with the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFAS 102) (effective l January 2019)., Financial Reporting Standard 102 The Financlal Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2(K)6. The financlal statsments have been prepared under the historical co# convention. DONATIONS AND GRANTS DonatSons are recognised in the accounts when It15 known that they wlll be reIVed. Donated assets for use by the charlty are Include4 at value where this can be quantified and a thlrd party is bearirq the cost. The value of services provided by volunteers is quantified and is not included in the Kcounts. Glfts donated for reIe are Induded a5 income when they are sold. Grants are reco8nlsed In the actounts when It15 known that they wlll be fecelved. EXPENDITURE Liabilltie5 are reco8nlsed a5 expenditure as soon as there ts a le8al or constructbve obllgatlon committiryq the charity to that expenditure. It Is probable that a transfer of economlc benefrts wlll be requlred in settlement and the amount of the oblSgatlon can be measured rellably. Expendlture Is accounted for on an awuals basls and has been clas5ffled under headings that a88re8ate all cost related to the cate80ry. Where costs Tr0t be dlrertly attflbuted to partlcular headlngs they have been allocated to activlties on a basls conslstent wlth the use of resources. CHARITABLE TRADING The charity charges for provldlThg courses and accommodatlon for students to attend tsachin85• Study. practice and observe the moral dlsdpllne of Buddhism as well as providing arnenlties at the centre such as the World Peace Cafe and shop. All of these are directly assoclated wlth the objerts of the tharty and are therefore treated 35 charltable tradln8. TANGI8iE FIXED ASSErs Depreclation is provlded at the folloviiill8 annual rates In order to write off each asset over Its estlmated useful1Sfe. Stocks are valued at the lower of cost and net reallsable value. after maklng due allowance for pbsolete and slow movin8 Items. TAXATION The charity 15 exempt from corporation tax on Its charitable actlvltie5. FUND ACCOUNTING Restrlcted funds are fvnds that have been donated or raised for a Specific purpose Imposed by the donor or by the way In which the furHls have been ralsed. These funds must be expended in accordance with the restrfrtlon when raised and each fund Is accounted for separntely to ensure thls happens. Unrestrlcted fvnds are funds donated or raised wlth rH> specific restrlctlon and are to be used at the dlscretlon of the trustees. Designated funds are funds set aslde by the trustees from the unrestricted general funds for speufic purposes and the amount to set aslde is decided upon by the trustees as the need arises dependiTr8 upon the finanaal actlvities of the charlty. Page 10 contlnued,..
mAlyAMAKA KADAMPA MEDITATION CENTrELTD IIOTES TO THE ANANaAL 5TATEMENT5 - ¢ontlnu•d FOR ThE YEAR ENDED 31 OECEMBER 2024 DONATIONS LEGAaES Donations & Fund rai5in8 Grants 64,294 74,456 5.0(MJ 73,184 79.456 Grants received, included in the above. are as follows: 2023 . Other 8rants 5,000 OThER TRADING AcllvmES Shop Income Cafe income 35.573 100.273 36.395 100.269 135,846 136.664 INVESVMEfff INCOME 2024 DeposR Kcount Interest 17 INCOME FROM CIIARrrABLE AcrivmES Artlvlty Charitable activities Charitable artivlties Educatlon Income Accommodatlon Income 172,934 125,073 167,698 113.613 298,IX)7 281311. Page 11 continued...
MADHYAMAKA KADAMPA MEorrATION CENTRE LTD I¥OTES TO ThE HNANCIAL STATEMEN75-contlnued FOR ThE YEAR ENDED 31 DECEMDEII 2024 IIAISING FUNDS OThER TRADING ACTMTIES 2023 World Peace Cafe expendlture Shop expenditure Venue. travel and other events 47.740 16,5n 8.490 39.315 20.539 31,972 72,802 91.826 11 • Support ¢ts (see note 8) Olrect Ti)ts1s Charltable actlvlties 92.167 269,910 362,077 SUPPORT cosrs Totals Charltable actlvlties 208,641 61.269 269,910 TRUSTEES, REMUNERATIOPI AND OENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor lor the year ermled 310ecember 2023. TRUSTEE5' EXPENSES There were no 31 December 2023. trustees, expenses pald for the year ended 310ecember2024 nor for the year ended COMPARATIVES FOR THE sfATEMENT OF ANANaAL AcnvmES Unrestrlcted fund Total funds funds IPICOME AIID ENDOWMENTS FROM Donations and le8acles 79,456 79.456 tharllable artlvltl Charitable activities 281,311 281.311 Other trading actlvities Investment Income 136,664 17 136.664 17 Total 497.448 497.44b EXPENDffURE ON Raising funds 91.826 91.826 Page 12 continued...
MADHYAMAKA KADAMPA MEofrATION CEpilliE LTD NOTES TO ThE ANANaAL sfATEMENTS- contlnued FOR T+IE YEAR ENDED 31 DECEMBER 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACIMTIES . contlnued unrestrfrt R•strfcted fund funds Total Charttable a(tlvftles Charitsble actlvltles 378.757 378.757 470.583 470,583 NEf INCOMÉ 26.865 26.865 RECONauATION OF FUNDS . Total funds brought forward 616,557 11,951 628. TOTAL FUNOS CARRIED FORWARD 643.422 11.951 655.373 11. TANGIBIE FIXED ASSET5 Hxtur•$ and flttln Frnehold property Propertv Improv•ments . Tata At l January 2024 and 31 December 2024 592.691 428.246 45,936 L066,873 DEPREaATION At l January 2024 and 31 December 2024 231.225 249.119 45,936 526,280 NET BOOK VALUE At 31 December 2024 361,466 179.127 540,593 At 31 December 2023 361,466 179.127 540,593 12. Stocks 11,404 9.797 Pa8e 13 continued...
MADHYPJAAKA KADAMPA MEDrrATION TftE LID . ' NOTES TO THE FINANCIAL sfATEMENTS- cOnnUed . KIR ThE YEAR ENDED 31 I%CEM8ER 2024 DE8TORS: AMOUNTS FAUING DUE WITHIN ONE YEAR 2023 Trade debtors I Athounts owed by participatln8 Interests Other debtors 2,756 890.000 3.352 890,1100 6.500. 892,756 89>.852 CIIEDITORS: AMOUIIT5 FAWNG DUE wmiiN ONE YE Bank loans and overdrafts {see note 16) Trade creditors Soclal security and other taxes Other credltors Accrued expenses 24,000 10,518 2.258 24.480 .1,250 30,WO 11,427 3,776 24,216 1,250 62,506 70,669 15. 2024 Bank loans {see note 161 793.627 817.605 An analysls of the maturlty of loans Is 8lven below: 2024 2023 Amounts fallln8 due wlthln orie year on dem41nd: Bank loans 24,000 30,0(XI Amounts frolling bthveen oné and two years: Bank loans- 1-2 years 24.000 30,000 Amounts fallln8 due btheen two and fwe yéars: Bank loans - 2-5 yea 72.1)00 90,000 Arnounts falling due in more than ffive years: Repayable by instalments: ' Bank loans more 5 yr by Snstal 697.627 697,605 Page 14 contlnued,,.
MADHYAMAKA KlAmpA MEDThATION NTrE LTD NOTES TO ThE FINANCIAL STATEMENTS . contimjed FOR ThE YEAR ENDED 31 DECEMBER 2024 17. MOVEMENT IN FUNDS Net movement In fvnds Atvy 31112124 Unrestrlcted funds General fund 643.422 n,158 715,580 Rertrkted fvnds Walled Garden New Buildin8 Fund. 7.383 7,383 4.568 11,951 11.951 TOTAL FIINDS 655,373 72,158 727,531 Net movement In fvnds. Included In the above are follow5: Intomln8 Resou9 Movem•nt In funds UnreArfrted funds General fund 507,037 1434.8791 72.158 TOTAL FUNDS 507.037 434,879) 72.158 Comparatlves for movement In funds Net movement In funds At 3V12123 At 111123 Unrejtrkled funds General fund 616,557 26.865 643,422 Restrfcted funds Walled Garden New Building Fund . 7.383 4,568 4.568 11,951 11.951 TOTAL FUNDS 628.)8 26.865 655.373 Page 15 ntinued...
MAiXIYAMAKA KADAMPA MallTATION PiTA£ LID" . NOTES TO ThE FW4aAL STAIEMENT5 . tInued . FOR IHE YEPJI ENDED 31 DÉCEMaER 2024 '" 17. MOVEMEiif IN FUI405- ¢oTrtlnued Comparaljve net movement In fund* Included In the above are as follows: Incomln8 endod In lundi Unrestrlrted funds General fund 497.448 (470.583) 26.86S TOTAL FUNDS 497,448 470.583) 26.865 A currentyear 12 months and prior year 12 months comblned p05itlon 15 as follow Net movemont ln funds At 3VI2124 At Vl123 Unr•strlct•d lurnls General fund 616,557 99.023 715.580 Restrtcted fundi Walled Garden New Buildir48 Fund 7.383 4.568 7,383 4,568 11,951 11,951 TOTAL FUNDS 628,508 727.531 A current year 12 m¢Jnths and prlor year 12 months comblned net movement in fvnds Induded In the above are as follow5: Incomln8 In funds Unrertrltted funds General fund 1,004,485 (905.4621 99.023 TufAL FD5 I,(K14.485 1905.462) 99.023 Pa8e 16 continued...
MADHYPMAKA KADAMPA MEDifATIIX CEpifRE LID IIOTES TO ThE ANANCIAL sfAIEMENTS . contlnued FOR THE ENDED 31 DECEMBER 2024 RELATED PARTY 015CL05URES There were no related party transactlons for the year ended 31 December 2024. Page 17
MADHYAMAKA KADAMPA MEDrrATION cEiifRE LTD DETAILED STATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 IXCEMBER 2024 2023 114COME AND ENDOWMENTS Donatlon$ and le8ades Donations & Fund raising Grants 64,294 8.890 74,456 73,184 79.456 Other Iradln8 acthhl Shop income Cafe Income 35.573 100.273 36,395 100.269 5.846 136,664 Investffl•rt Income Deposit account interest 17 Charllable a¢tMtles Education Inc¢)me Accommodatlon Income 172,934 125,073 167,698 113,613 298.007 281,311 Ti)tal KOMIn1 r•xwrw5 507,037 497.448 EXPENDMIRE Otherlradln8 artmtlej World Peace Cafe expendfture Shop expendlture Venue, travel and other events 47,740 16,572 39,315 20,539 31,972 91,826 Charltable aLtlvltl Other household costs Laundry Bed and breakfast Costs Medltatlon room Other accommodatlon costs Kitchen expenditure 24,976 5.297 23.384 5.584 90 14.159 14,151 37.335 6.422 10,952 44,520 92.167 94.703 Support ¢osts Manag•mert Insurance Carried forward 17.506 17,506 16.415 16,415 This page does notfom) part of the statutory financial statements Page 18
laADHYPthIAKA KADAMPA MEDrfATION CENTrE LTD DÉTAILED STATEMENT OF FINAiiaALAcnvmES FOR IHE YEAR ENDED 31 OECEM8ER 2024 Brought forward UtilitSes Sponsorship costs Publlclty Repairs & Renovatlon costs Motor & trnvel Office & Admin costs Sponsorship costs 17.506 73.835 10.260 7,106 17.323 7.897 17.607 16,415 74,901 10.857 4.989 36,660 3.968 11.151 208.641 225.850 Othr Bank loan Interest 61.269 58.204 Totsl resources expended 434,879 470,583 Net Inome 72.158 26,865 Thls pa8e does not fomi part of the statutoryfinancial statements Pa8e 19