Finance Score: -4

Governance Score: -8

Support Score: 1

Excess reserves: -3
Spending falling: -1
but now stabilising: +1
Volatile income
spending growth: -1

2 Trustees: -2
Narrow trustee age band: -2
All female board: -3

Grant maker support: +1

Overall GiG Score: -11

NAGARJUNA KADAMPA MEDITATION CENTRE

The principal activity of the charity is to promote the Buddhist faith through the activities of teaching, study, practice and the observance of moral discipline all within the Buddhist tradition of Je Tsongkhapa.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

There are only 2 trustees
The Board is completely female
The Board has little diversity in terms of age
All of the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,818,816 available, equivalent to 34 months of spending and so may not be able to utilise additional funding
Spending has fallen significantly over the last 5 years relative to the previous period but has stabilised more recently
Income has been volatile recently but spending has been maintained

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		£793	£641	£152	£105	£1,827	£1,819	34.1	11	60
31/12/21		£711	£570	£141	£77	£1,675	£1,667	35.1	12	60
31/12/20		£538	£430	£109	£42	£1,533	£1,526	42.6	8	60
31/12/19		£680	£539	£141	£87	£1,425	£1,417	31.6	11	60
31/12/18		£1,029	£1,629	£-600	£115	£1,284	£1,276	9.4	11	11
31/12/17		£1,433	£574	£858	£110	£1,884	£1,876	39.2	11	0
31/12/16		£511	£436	£74	£118	£1,026	£1,018	28	11	0
31/12/15		£479	£411	£69	£0	£0	£0	n/a	0	0
31/12/14		£483	£400	£82	£0	£0	£0	n/a	0	0
31/12/13		£458	£497	£-39	£0	£0	£0	n/a	0	0
31/12/12		£404	£380	£24	£0	£0	£0	n/a	0	0
31/12/11		£438	£364	£73	£0	£0	£0	n/a	0	0
31/12/10	*	£345	£298	£47	£0	£0	£0	n/a	0	0
31/12/09?		£305	£264	£41	£0	£0	£0	n/a	0	0
31/05/08		£223	£193	£30	£0	£0	£0	n/a	0	0
31/05/07	*	£213	£175	£38	£0	£0	£0	n/a	0	0
31/05/06	*	£203	£157	£46	£0	£0	£0	n/a	0	0
31/05/05		£231	£175	£56	£0	£0	£0	n/a	0	0
31/05/04	*	£154	£159	£-5	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 17.8%
Fundraising Costs/Total Spending: 16.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 56%
Liabilities/Income: 299%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 34.1 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.3

Asset Split ?

Established: 30 years

www.meditateinnorthants.com

info@meditateinnorthants.com

01604743976

Charity Commission for England and Wales

Tweets

Listed activities

Religious Activities

GiG Classification

Other congregations

How it operates

Provides buildings/facilities/open space

Where it operates

Bedford, Buckinghamshire, Central Bedfordshire, Coventry City, Leicester City, Leicestershire, Milton Keynes, Northamptonshire, Warwickshire,

Who it helps

The General Public/Mankind

Who works here?

11 employees
60 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 - Online mental well-being classes
£9,950	05/03/2021 12	The funding will be used to run online meditation sessions. The project aims to improve mental wellbeing to support people who are in the COVID-19 vulnerable or shielding groups due to illness age or ....more The funding will be used to run online meditation sessions. The project aims to improve mental wellbeing to support people who are in the COVID-19 vulnerable or shielding groups due to illness age or disability.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)

Current Trustees appointed

Gender Split

Age Range of Trustees: 54-63

AILEEN GLEN Appointed: 2023, Occupation: Teacher

PETRONELLA JENNIFER GEORGINA FINDEN Appointed: 2023, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 04/08/1994, number: 1039957
Registered at Companies House on 09/05/1994, number: 02926933

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Risk management
Volunteer management

Filing Record

19 returns made; AR10: 1 days late, AR07: 21 days late, AR06: 554 days late, AR04: 1 days late,

Main office

NAGERJUNA KADAMPA MEDITATION CENTRE
THORNBY HALL
NASEBY ROAD
THORNBY
NORTHAMPTONSHIRE
NN6 8SW

Objectives

TO PROMOTE THE BUDDHIST FAITH

Defined Area of Benefit:

NOT DEFINED

Data Sources