Finance Score: 0

Governance Score: -2

Support Score: 0

Excess reserves: -5
Strong growth: +2
Fundraising costs low: +3

Only 3 Trustees: -2

No supporters identified

Overall GiG Score: -2

THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK

The charity activities include Buddhists activities for those who would like to participate and improve their mental and physical abilities through Buddhist teaching and meditation. This is especially for stress and distress in their day to day life as well as help and relief when and where people need. Also the centre provides education which is relevant to improve the knowledge of living world.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

There are only 3 trustees

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,761,943 available, equivalent to 89 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£750	£237	£513	£13	£1,762	£1,762	89.4	3	40
31/03/22	£481	£141	£340	n/a	n/a	n/a	n/a	n/a	25
31/03/21	£523	£137	£387	£104	£909	£909	79.9	1	28
31/03/20	£201	£84	£117	n/a	n/a	n/a	n/a	n/a	25
31/03/19	£134	£84	£51	n/a	n/a	n/a	n/a	n/a	25
31/03/18	£117	£87	£30	£0	£0	£0	n/a	0	0
31/03/17	£178	£119	£59	£0	£0	£0	n/a	0	0
31/03/16	£104	£107	£-3	£0	£0	£0	n/a	0	0
31/03/15	£88	£80	£8	£0	£0	£0	n/a	0	0
31/03/14	£91	£75	£15	£0	£0	£0	n/a	0	0
31/03/13	£102	£95	£7	£0	£0	£0	n/a	0	0
31/03/12	£84	£55	£29	£0	£0	£0	n/a	0	0
31/03/11	£86	£52	£35	£0	£0	£0	n/a	0	0
31/03/10	£86	£47	£38	£0	£0	£0	n/a	0	0
31/03/09	£66	£61	£5	£0	£0	£0	n/a	0	0
31/03/08	£51	£55	£-4	£0	£0	£0	n/a	0	0
31/03/07	£75	£65	£10	£0	£0	£0	n/a	0	0
31/03/06	£46	£37	£9	£0	£0	£0	n/a	0	0
31/03/05	£29	£23	£6	£0	£0	£0	n/a	0	0
31/03/04	£12	£12	£0	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1.8%
Fundraising Costs/Total Spending: 5.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 13%
Liabilities/Income: 35%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 89.4 months
Net Current Assets/Spending: 3 months
Quick Ratio: 22.5

Asset Split ?

Established: 31 years

www.bbmvihara.com

mibauk86@hotmail.com

07404346827

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Arts/Culture/Heritage/Science
Disability
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Other Charitable Purposes
Overseas Aid/Famine Relief
Recreation
Religious Activities
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Other religious associations

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Other charitable activities
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides other finance
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

3 employees
40 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - HEALTH IS THE WEALTH
£10,000	25/08/2011 12	This is a project by a charity in Aston, Birmingham. The group will use the funding to run healthy eating workshops and physical activities for the local community. This will enable beneficiaries to ....more This is a project by a charity in Aston, Birmingham. The group will use the funding to run healthy eating workshops and physical activities for the local community. This will enable beneficiaries to access general health advice and exercise to help tackle obesity and improve overall wellbeing.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)

Current Trustees appointed

DR MADDUMA BANDARA RANATUNGA DR Appointed: 2011

PARMINDER SROY Appointed: 2020

VEN. DR. WITHARANDENIYE KASSAPA OBE (Chair) Appointed: 1992, Other trusteeship: THE INTERNATIONAL BUDDHIST RELIEF ORGANISATION (I B R O),

Legal constitution

Charity registered in England & Wales on 07/05/1993, number: 1020543

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Financial Conduct Authority

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; all on time

Main office

216 NEW JOHN STREET WEST
HOCKLEY
BIRMINGHAM
WEST MIDLANDS
B19 3UA

Objectives

(1)TO ADVANCE THE BUDDHIST RELIGION (11)TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE BELIEFS AND TRADITIONS OF THE BUDDHIST RELIGION (111)THE RELIEF OF POVERTY, SICKNESS AND DISTRESS.

Defined Area of Benefit:

NOT DEFINED

Data Sources