Finance Score: -5
Governance Score: -2
Support Score: 0
  • Excess reserves: -5
  • Narrow trustee age band: -2
  • No supporters identified
Overall GiG Score: -7 ?

INTERNATIONAL BUDDHIST PROGRESS SOCIETY (UK) 

To encourage the study and research of BuddhismTo support related cultural and educational programsTo serve humanity, the community and societyTo develop educational programs for all BuddhistsTo promote international Dharma propagation
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • The Board has little diversity in terms of age

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £1,527,901 available, equivalent to 79 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
31/12/22£856£232£625£0£2,077£1,52879.2145
31/12/21£598£622£-24£0£1,452£1,03920.1130
31/12/20£348£221£127n/an/an/an/an/a20
31/12/19£607£307£299£0£1,349£1,05241.1120
31/12/18£641£683£-42£0£1,050£81914.4115
31/12/17£506£310£196£0£1,092£63524.620
31/12/16£480£186£294£0£0£0n/a00
31/12/15£554£144£409£1£601£29424.400
31/12/14£473£133£340£0£0£0n/a00
31/12/13£289£249£40£0£0£0n/a00
31/12/12£75£140£-65£0£0£0n/a00
31/12/11£85£173£-88£0£0£0n/a00
31/12/10£275£216£58£0£0£0n/a00
31/12/09£137£148£-11£0£0£0n/a00
31/12/08£127£148£-21£0£0£0n/a00
31/12/07£123£110£13£0£0£0n/a00
31/12/06*£87£105£-18£0£0£0n/a00
31/12/05£85£96£-11£0£0£0n/a00
31/12/04£81£93£-13£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 19%
Liabilities/Income: 57%
Unrestricted Funds/Total Funds: 74%
Reserves/Spending: 79.2 months
Net Current Assets/Spending: 89 months
Quick Ratio: 4.5
Asset Split ?
Established: 31 years

www.londonfgs.org.uk

ibps@londonfgs.org.uk

02076368394

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
  • Religious Activities
GiG Classification
  • Other congregations
How it operates
  • Provides advocacy/advice/information
Where it operates
  • Throughout England And Wales,
Who it helps
  • The General Public/Mankind
Who works here?
  • 1 employee
  • 45 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 Heritage Fund - Grant to International Buddhist Progress Society UK
£195,400 15/06/2016
London Fo Guang Shan Temple: Repairs to eastern roofs & elevations including the courtyard side

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed

Age Range of Trustees: 52-65
Legal constitution
  • Charitable company registered in England & Wales on 15/07/1993, number: 1023575
  • Registered at Companies House on 19/06/1992, number: 02724500
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Risk management
  • Volunteer management
Filing Record
19 returns made; AR06: 9 days late,
Main office

84 MARGARET STREET
LONDON
W1W 8TD

Objectives

THE ADVANCEMENT OF BUDDHISM

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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