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2025-03-31-accounts

Tergar Edinburgh

Annual Report and Accounts for the Year Ended 31[st] March 2025

Tergar Edinburgh Annual Report and Accounts for the Year Ended 31st March 2025 Trustees’ Report

Board of Trustees and Administration Details

Tergar Edinburgh is a Scottish Charitable Incorporated Organisation (No. SC048776), registered on 23rd October 2018 and it is governed by its constitution. The structure of the charity consists of charity trustees who are also the organisation’s only members and comprise the organisation’s board.

The charity is affiliated to Tergar International, a not-for-profit organisation based in Minnesota, USA. It is led by , a Tibetan Buddhist meditation

master and teacher with groups across the world.

Current trustees:

Also serving in the year:

Trustees are appointed by the board, at its discretion. All trustees retire at the annual general meeting each year and are eligible for re-election.

The management committee (also called “the Team”), meets monthly, or more frequently, as business demands. It consists of the trustees and, currently, three others who volunteer to assist in the running of the charity.

The principal office of the charity is 8 Orchardhead Road, Edinburgh EH16 6HL.

The purposes of the Charity

The objects of Tergar Edinburgh are:

  1. To promote, aid and advance Buddhism and the teachings and practice of meditation that arise from the world’s great spiritual traditions.

  2. To advance education and, in particular, to enable individuals to develop their spiritual, medical, educational or cultural skills and abilities.

  3. To promote, aid and advance practices which support the care and development of the environment.

The charity’s main focus is teaching meditation that is suitable for everyone. It offers a wide range of teachings for those of all faiths and none, alongside teachings for those interested in or following the Buddhist path.

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Tergar Edinburgh Annual Report and Accounts for the Year Ended 31st March 2025 Trustees’ Report (continued)

Performance and Achievements 2024-25

During the year we consolidated our wide range of community meditation sessions as well as developing our offerings of meditation days, retreats and events focused on Path of Liberation and Buddhist learning programmes. We have continued to attract new participants through Facebook, Instagram, meet-up groups and other social media and to contribute, through the development of our local volunteers, to a global Buddhist meditation programme led by .

Financial sponsorship for training volunteers in Tergar International’s Meditation Teacher Programme (MTP) not only widens our offerings to many potential new communities (schools, hospitals etc.) but also offers skills development and individual earning capacity to community members. Including this year’s sponsorship, we now have four Edinburgh teachers who have completed the programme. We have also developed our capacity to offer spiritual care and support to members of our community facing sickness and death. This has not just provided valuable respite for family and friends but also expanded our volunteers’ experience and skills in end-of-life support.

Tergar Edinburgh has maintained a focus on secular meditation by retaining a strong focus on a weekly offering of Tergar’s Joy of Living programmes and by expanding our capacity to offer introduction to meditation programmes through Anytime Anywhere Meditation programmes.

Specific Activities and Achievements

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Tergar Edinburgh Annual Report and Accounts for the Year Ended 31st March 2025 Trustees’ Report (continued)

Financial Review

The charity has prepared its accounts on the receipts and payments basis and cover the year to 31[st ] March 2025.

Receipts totalled £7,667. This is a large decrease on the previous year as there were no big events in 2024-25. Payments totalled £59,857, which included expenses of £26,366 relating to courses held in 2023-24 and a donation to Tergar International. This resulted in a cash deficit of £52,190.

The trustees’ policy is to retain funds for six months’ normal running costs to meet day to day commitments, as courses are planned to cover their costs, and with £24,003 cash reserves at the end of the year, this had been achieved.

Approved by the trustees on 27 November 2025 and signed on their behalf:

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Tergar Edinburgh

Annual Report and Accounts for the Year Ended 31[st] March 2025

Independent Examiner’s Report to the Trustees of Tergar Edinburgh

I report on the accounts of the charity for the year ended 31[st] March 2025.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.

The trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

• to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date 10/12/2025

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Tergar Edinburgh Receipts and Payments Account for the Year Ended 31st March 2025

Receipts
Donations
Receipts from charitable activities:
Course and workshop fees
Course costs reimbursements (2023)
Total receipts
Payments
Payments for charitable activities:
Course and workshop costs
Room hire
Training
Insurance
Print, post, IT and office costs
Storage costs
Legal and professional fees
Bank charges
Donation
Miscellaneous
Purchase of fixed assets
Governance costs:
Annual accounts and examination
Total payments
Transfers between funds
Surplus/(deficit) for year
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Unrestricted
funds
£
789
909
5,969
7,667
27,688
1,269
3,223
368
371
499
50
30
25,859

-

-
500
59,857

-
(52,190)
Total
2024/25
£
789
909
5,969
7,667
27,688
1,269
3,223
368
371
499
50
30
25,859

-

-
500
59,857

-
(52,190)
Total
2023/24
£
958
177,325
-
178,283
112,768
394
-
663
207
-
60
164
-

30

2,491
500
117,277

-
61,006

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Tergar Edinburgh Statement of Balances at 31st March 2025

Bank and cash on hand

Bank and cash on hand
Opening balances
Surplus / (deficit) for year
Closing balances
2024/25
£
76,193
(52,190)
2023/24
£
15,187
61,006
24,003 76,193

All funds at the year end were Unrestricted Funds.

Donations made

In the year the charity made a £25,859 donation to Tergar International.

Assets

At the end of the year, in addition to the cash in the bank and on hand, the charity owned shrine artifacts with an estimated value of £2,491 (2024: £2,491).

Liabilities

At the end of the year, the charity had no liabilities.

Trustee payments

The members of the board of trustees did not receive remuneration or expenses in the year (2024: £nil). Stuart Nicoll was reimbursed £990 towards the cost of a meditation teacher program he undertook whilst a trustee. This is provided for in the charity's constitution.

Approved by the trustees on 27 November 2025 and signed on their behalf

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