Registered Charity Number SC038810
Registered Company Number SC326073
KADAMPA MEDITATION CENTRE EDINBURGH LTD
Report and Accounts
31 December 2025
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Report and accounts Contents**
||**Page**|
|---|---|
|Company information|1|
|Trustees' report|2|
|Statement of directors' and trustees' responsibilities|3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7|
|Detailed schedule of income|9|
|Detailed schedule of expenditure|10|
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Company information**
## **Directors**
M A Notman J A Richardson N M Stewart
## **Secretary**
M Robertson
## **Independent examiner**
J R Lowes MAAT Accountant 15 Lynden Avenue Morecambe LA4 6TF
## **Registered office**
172 Leith Walk Edinburgh EH6 5EA
**Registered number** SC326073
1
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Trustees report for the year ended 31 December 2025**
## **Reference and administrative details**
The full name of the charity is Kadampa Meditation Centre Edinburgh Ltd.
Date of incorporation 21 June 2007 Company Registration Number SC326073 The Registered Office is 172 Leith Walk, Edinburgh EH6 5EA Charity Registration Number SC038810
The trustees of the charity are as follows:M A Notman J A Richardson N M Stewart
## **Structure, governance and management**
The governing document and constitution of the charity is the Memorandum and Articles of Association dated the 21 June 2007.
Trustees are elected by the membership.
## **Objectives and activities**
The objects of the charity are to promote the Buddhist faith under the spiritual guidance of the elected General Spiritual Director of the New Kadampa Tradition International Buddhist Union.
The main activities undertaken in relation to those objects is the provision of education programmes and the provision of facilities to enable the practice and observance of the Buddhist faith.
The trustees confirm that they have referred to the guidance on public benefit by the Charity Commission and consider that the charity's activities and aims during the year were carried out for the public benefit.
## **Achievements and performance**
The trustees are satisfied with the achievements and performance of the charity during the year and the position at 31 December 2025.
The trustees also consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
## **Financial review**
The results for the year and financial position of the charity are set out in the annexed accounts.
The trustees have examined the requirement to maintain reserves for the ongoing work of the charity and concluded that the charity has sufficient reserves.
The trustees consider the financial performance by the charity during the year to have been satisfactory.
2
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Trustees report for the year ended 31 December 2025**
## **Statement of directors' and trustees' responsibilities**
All the directors of the company are also trustees of the charity and their responsibilities include all the responsibilities of directors under the Companies Acts and of trustees under the Charities Act.
Charity Law and the Companies Acts require the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those accounts the trustees are required to :-
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation;
- state whether applicable accounting standards and statements of
- recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the accounts comply with the Companies Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report. The responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
M A Notman
On behalf of the trustees on 22 August 2026
3
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Independent examiner's report for the year ended 31 December 2025**
I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2025.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible 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 charities accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all 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:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
J R Lowes MAAT Accountant 15 Lynden Avenue Morecambe LA4 6TF
The date upon which my opinion is expressed is :- 22 August 2026
4
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Statement of financial activities for the year ended 31 December 2025**
|**Income**
Donations
Charitable activities
**Total income**
**Expenditure**
Charitable activities
Centre running costs
Administrative expenses
Depreciation
**Total expenditure**
**Surplus income / (expenditure)**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
3,158
59,007
62,165
34,393
16,134
4,142
4,220
58,889
3,276
51,218
54,494|**Restricted**
**funds**
**2025**
**£**
-
-
-
-
-
-
-
-
-
-
-|**Total**
**funds**
**2025**
**£**
3,158
59,007
62,165
34,393
16,134
4,142
4,220
58,889
3,276
51,218
54,494|Total
funds
2024
£
1,638
57,120
58,758
32,618
22,602
4,477
4,220
63,917
(5,159)
56,377
51,218|
|---|---|---|---|---|
5
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Balance sheet as at 31 December 2025**
|**Notes**
**_The assets and liabilities of the charity :_**
**Fixed assets**
Tangible assets
2
**Current assets**
Stocks
Prepayments
Cash at bank and in hand
**Current liabilities**
Creditors due within one year
3
**_Net current assets_**
**_Total assets less current liabilities_**
**Liabilities**
Creditors due after more than one year
4
**Net assets**
**_The funds of the charity :_**
**Unrestricted fund**
**Restricted funds**
**Total charity funds**|**2025**
**£**
176,772
1,817
360
39,212
41,389
(1,916)
39,473
216,245
(161,751)
54,494
54,494
-
54,494
54,494|2024
£
180,992
1,817
317
31,310
33,444
(1,467)
31,977
212,969
(161,751)
51,218
51,218
-
51,218
51,218|
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirement of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
N M Stewart
Approved by the trustees on 22 August 2026
6
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Notes to the accounts for the year ended 31 December 2025**
## **1 Accounting policies**
## _**Basis of preparation of the accounts**_
These accounts have been prepared in accordance with the Statement of Recommended Practice for Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102), the Charities SORP (FRS 102). The accounts have also been drawn up in accordance with the provisions of the Companies Act.
## _**Accounting convention**_
The accounts are prepared, on a going concern basis, under the historical cost convention.
## _**Recognition of income**_
All incoming resources are accounted for when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## _**Volunteer help**_
The value of any voluntary help received is not included in the accounts.
## _**Expenditure**_
Expenditure is accounted for on the accruals basis in accordance with normal accounting principles.
## _**Fixed assets and depreciation**_
All tangible fixed assets are stated at cost less depreciation. Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives.
Leasehold land and buildings - over 50 years on the straight line basis.
## _**Liability recognition**_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _**Unrestricted fund**_
The unrestricted fund comprise of amounts retained by the charity for general use. They are expendable at the discretion of the charity, in furtherance of the objects of the charity.
## _**Taxation**_
The company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only.
7
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Notes to the accounts**
**for the year ended 31 December 2025**
## **2 Tangible fixed assets**
|**Asset cost**
At 1 January 2025
At 31 December 2025
**Accumulated depreciation**
At 1 January 2025
Charge for the year
At 31 December 2025
**Net book value**
At 31 December 2025
At 1 January 2025
**3**
**Creditors: amounts falling due within one year**
Trade creditors and accruals
**4**
**Creditors: amounts falling due after one year**
NKT - IKBU concessionary loan|**2025**
**£**
1,916
1,916
**2025**
**£**
161,751
161,751|**Leasehold**
**land and**
**buildings**
**£**
210,979
210,979
29,987
4,220
34,207
176,772
180,992
2024
£
1,467
1,467
2024
£
161,751
161,751|
|---|---|---|
## **5 Share Capital**
The charity is incorporated but has no share Capital. It is limited by guarantee.
8
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Schedule to the statement of financial activities for the year ended 31 December 2025**
|**Income**
**Donations**
Donations
**Charitable activities**
Income received for accommodation
Shop sales
Membership and facility fees
Classes, courses, and events income
Sundry income
**Total income**|**Unrestricted**
**funds**
**2025**
**£**
3,158
3,158
7,854
5,012
24,703
20,716
722
59,007
62,165|**Restricted**
**funds**
**2025**
**£**
-
-
-
-
-
-
-
-
-|**Total**
**funds**
**2025**
**£**
3,158
3,158
7,854
5,012
24,703
20,716
722
59,007
62,165|Total
funds
2024
£
1,638
1,638
5,565
4,677
23,521
23,144
213
57,120
58,758|
|---|---|---|---|---|
9
## **KADAMPA MEDITATION CENTRE EDINBURGH LTD Schedule to the statement of financial activities for the year ended 31 December 2025**
|**Expenditure**
**Charitable activities**
Shop purchases
Sponsorship costs
Motor and travel expenses
Classes, courses, and events expenses
Publicity and marketing
Offerings
**Centre running costs**
Council tax and waste removal
Insurance
Light and heat
Repairs, equipment and household expenses
Sundry expenses
**Administrative expenses:**
Telephone and internet
Postage and stationery
Bank charges and transaction fees
Subscriptions
Payroll services
Accountancy fees
**Depreciation**
Depreciation on land and buildings
**Total expenditure**|**Unrestricted**
**funds**
**2025**
**£**
3,067
17,374
2,325
3,624
4,722
3,281
34,393
2,642
677
9,778
3,003
34
16,134
1,065
167
1,248
820
317
525
4,142
4,220
4,220
58,889|**Restricted**
**funds**
**2025**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**funds**
**2025**
**£**
3,067
17,374
2,325
3,624
4,722
3,281
34,393
2,642
677
9,778
3,003
34
16,134
1,065
167
1,248
820
317
525
4,142
4,220
4,220
58,889|Total
funds
2024
£
2,378
15,733
2,199
4,765
4,467
3,076
32,618
2,422
713
15,242
4,134
91
22,602
1,068
98
1,630
833
423
425
4,477
4,220
4,220
63,917|
|---|---|---|---|---|
10