TRUSTEE ANNUAL REPORT & FINANCIAL STATEMENT YEAR ENDING 5ᵗʰ APRIL 2025
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Objectives and Activities
Purposes of the Longchen Foundation
The purposes of the Longchen Foundation as stated in its Trust Deed:
-
a) To advance the study and practice of the religion of Buddhism according to all traditions of Buddhism and particularly the Maha-Ati tradition.
-
b) To advance the religion of Buddhism through the work of the Ven. Dilgo Khyentse Rinpoche and the Ven. Chogyam Trungpa Rinpoche and their successors as representatives of the Maha-Ati tradition.
The Trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit. The Longchen Foundation provides public benefit by supporting the work of Rigdzin Shikpo Rinpoche the successor of the Ven. Dilgo Khyentse Rinpoche and the Ven. Chogyam Trungpa Rinpoche as representative of the Maha-Ati (Dzogchen) tradition. Rigdzin Shikpo developed many the innovative courses which make Buddhism in general and the Maha-Ati (Dzogchen) tradition in particular more accessible to Westerners. These courses are now provided by the Longchen Foundation.
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Achievements and Performance
The Trust continued an active teaching programme which included the following events:
Public Teachings:
-
The Lion’s Roar - Gate 1 - 22/23 March 2025
-
Heart of Buddha Teaching Day - ‘ Living in a Sacred World ’ - By Francesca Fremantle - December 2024
-
Oxford and London local group courses on various Path of Freedom(POF) course topics.
Further Development Teachings for Current Students:
-
The Lion’s Roar - Gate 5 Weekend - June 2024
-
The Lion’s Roar - Gate 6 Weekend - Nov 2024
-
The Lion’s Roar - Gate 7 Weekend - March 2025
-
The Lion’s Roar - Gate 8 Weekend - May 2024
-
The Lion’s Roar - Gate 9 Weekend - October 2024
-
Endless Compassionate Vision - Level 7 - Jan 2025
Note: Further details on the above courses are available on :
htps://www.longchenfoundaton.org/longchen-training/
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Financial Review
Receipts & Payments Overview
-
The majority of the Trust’s net receipts were from Donations (82%) and Teaching & Retreats (17%).
-
A total of 82% of the Trust’s net payments were associated with running and maintaining its Oxford premises, which serves both as its administration centre and as the residence of its Dharma Director. Other significant net payments were: Donation to Rigdzin Shikpo’s Stupa Project (10%), Longchen’s Library & Archive (5%) & Advertising (3%).
End of Year Financial Position
On the 5[ th ] of April 2025, the total cash held was £116,254 and total liabilities
were £35,000, which consists of one interest free long term loan.
Reserve Policy
contingency against an unexpected drop in receipts or an unexpected increase in required payments.
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Structure, Governance and Management
Type of Governing Document
Declaration of Trust, Dated the 17[ th ] November 1988
How the Charity is Constituted
Charitable Trust
Trustee Selection Method
The appointment of a new Trustee is made by the following procedure:
-
New Trustees are appointed by a majority of the Trustees present and voting at a Trustee's meeting.
-
The appointment needs to be recorded by a memorandum signed by the person presiding at such a meeting.
-
The appointment takes effect when the new Trustee then signs this memorandum.
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Reference and Administrative details
| Charity name | The Longchen Foundation |
|---|---|
| Other names the charity uses | Longchen Programmes |
| Registered charity number | 802247 |
| Charity’s Registered Office and Operation Address |
30 Beechey Avenue Old Marston Oxford OX3 OJU |
Names of the charity trustees who manage the charity
| Trustee Name | Office (if any) | Dates Acted if Not for Whole Year |
|
|---|---|---|---|
| 1 | Katharine Nairne | ||
| 2 | Daniel Raymond | ||
| 3 | Michael Stafferton | ||
| 4 | Vincent Power | Treasurer |
Exemptions from disclosure
Reason for non-disclosure of key personnel details: Not Applicable
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Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) | ||
|---|---|---|
| Full name(s) | Katharine Davina Nairne |
Vincent Power |
| Position | Trustee | Trustee & Treasurer |
| Date | 19-01-2026 | 19-01-2026 |
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of |
The Longchen Foundation | ||
|---|---|---|---|
| On accounts for the year | 5thApril 2025 | Charity no | 802247 |
| ended | (if any) | ||
| Set out on pages | 9 and 10 |
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05/04/2025.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
the accounts do not accord with the accounting records; or
-
the accounts do not comply with the applicable requirements concerning 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 independent examination.
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
|Signed:||Date:|Date:
19-01-2026
~~|~~|Date:
19-01-2026
~~|~~|
|---|---|---|---|---|
|Name:|Rupert Taylor||||
||||||
|Address:|5 Mount Pleasant,||||
||Millbrook||||
||Torpoint, Cornwall PL10 1BH||||
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Charity Name No (if any) or LONGCHEN FOUNDATION 802247 Receipts and payments accounts CC16a — Period start date Period end date For the period To from 6/4/2024 5/4/2025 #8. S| ~~a~~ Section A Receipts and payments
|—
#8.|Charity Name
or
S||Charity Name
or
S||Charity Name
or
S||No (if any)
or
S||or|CC16a|
|---|---|---|---|---|---|---|
||LONGCHEN FOUNDATION
or
S||||802247
or
S||or||
||Receipts and payments accounts
or
S|||||or||
||For the period
from
S||Period start date
S||To
S||Period end date
S||||
|||6/4/2024
S|||5/4/2025
S||||
|Last year
-
-
-
-
-
-
-
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
A1 Receipts
A2 Asset and investment sales, etc.
A3 Payments
A4 Asset and investment purchases,
etc.
A5 Transfers between funds
A6 Cash funds last year end
Section A Receipts and payments
to the nearest £
to the nearest £
to the nearest £
to the nearest £
to the nearest £
-
-
-
-
Donations Received
Teaching & Retreats
Media Sales
Investment Income
Miscellaneous
Oxford Premises - House
Teaching & Retreats
Donations Given
Oxford Premises - Office
Library & Archive
Advertising
Media Sales
General Admin
Miscellaneous
65,334
406
65,740
37,180
20,602
20,602
16,582
648
648
1,188
348
348
235
29
29
21
86,962
406
87,368
55,206
-
-
-
86,962
406
-
87,368
55,206
38,125
38,125
19,244
6,676
6,676
7,300
5,000
5,000
2,337
4,456
4,456
11,166
2,382
2,382
2,166
1,390
1,390
1,443
745
745
824
302
302
273
184
20
204
1,043
59,260
20
-
59,280
45,797
59,260
20
59,280
45,797
27,701
386
28,087.15
9,409
-
9,935
9,935
0
58,663.06
29,503.43
88,166.49
78,757.29
76,429.33
39,824.31
-
116,253.64
88,166.49
Sub total
Total receipts
Sub total
Total payments
Net of receipts/(payments)
Cash funds this year end
#8. S|
~~a~~
~~PEL~~
a |
|
|
|
ee
~~PEEL~~
a |
|
|
| ee|||||||
|||||||9,409|
||||||||
|||||||78,757.29|
|||||||88,166.49|
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|||Charity Name
a|Charity Name
a|Charity Name
a|No (if any)
a|a|CC16a|
|---|---|---|---|---|---|---|
||Charity Name
LONGCHEN FOUNDATION|||No (if any)
802247|||
||Receipts and payments accounts
ae
||||||||
||For the period
from|Period start date
ae|To
ae|Period end date
|||||
|||6/4/2024
ae||5/4/2025
|||||
|Unrestricted
funds
Restricted
funds
Endowment
funds
Unrestricted
funds
Restricted
funds
Endowment
funds
Section B Statement of assets and liabilities at the end of the period
Categories
Details
to nearest £
to nearest £
to nearest £
-
-
to nearest £
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
Current value
(optional)
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
Current value
(optional)
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
When due
(optional)
-
-
B1 Cash funds
76,429
39,824
-
-
76,429
39,824
-
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
35,000
Bank Accounts
Cash
Loans from Members
Michael Stafferton
Vincent Power
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Details
Oxford premises
Unrestricted
Unrestricted
Signature
Print Name
Date of
approval
Signed by one or two trustees on behalf of
all the trustees
19-01-2026
19-01-2026
~~ee~~|||||||
|||||||19-01-2026|
|||||||19-01-2026|
Section B Statement of assets and liabilities at the end of the period ~~ee~~
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