Finance Score: 0

Governance Score: 3

Support Score: 2

Excess reserves: -3
Fundraising costs low: +3

Dynamic board: +3

Grant maker support: +2

Overall GiG Score: 5

THE LONDON BUDDHIST CENTRE

The London Buddhist Centre teaches meditation and Buddhism in a way that is relevant to contemporary western life. It is a non-proselytising public centre, open to all, with no expectation of Buddhist interest / involvement. The Breathing Space programme run by the Centre teaches Mindfulness Based Approaches to help prevent relapse into depression and addiction and to manage stress and anxiety.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker recently
Spending has increased over the last 3 years relative to the previous period, despite a decline more recently
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

One or more trustees receive benefits from the charity

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £4,486,585 available, equivalent to 32 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		£2,230	£1,659	£571	£188	£4,520	£4,487	32.5	32	200
31/03/22		£1,521	£1,360	£160	£180	£3,949	£3,936	34.7	30	200
31/03/21		£1,207	£974	£233	£175	£3,777	£3,751	46.2	29	200
31/03/20		£1,579	£5,687	£-4,108	£209	£3,323	£3,299	7	31	130
31/03/19		£1,473	£1,291	£181	£177	£7,420	£7,414	68.9	28	100
31/03/18		£1,365	£1,254	£111	£198	£7,178	£7,173	68.6	28	0
31/03/17	*	£1,399	£1,100	£299	£185	£7,041	£7,050	76.9	28	0
31/03/16		£1,190	£1,021	£169	£184	£6,922	£6,924	81.3	28	0
31/03/15		£1,113	£896	£217	£184	£6,526	£6,505	87.1	25	0
31/03/14		£1,170	£854	£316	£215	£6,263	£6,099	85.6	20	0
31/03/13	*	£1,105	£756	£349	£157	£5,201	£5,095	80.9	20	0
31/03/12		£1,055	£784	£271	£157	£4,725	£4,659	71.3	20	0
31/03/11	*	£874	£774	£100	£158	£4,505	£4,455	69.1	20	0
31/03/10	*	£2,615	£1,108	£1,507	£557	£3,491	£3,459	37.5	22	0
31/03/09		£1,206	£1,545	£-339	£622	£1,983	£1,972	15.3	18	0
31/03/08		£1,677	£1,078	£599	£601	£2,322	£2,193	24.4	21	0
31/03/07	*	£1,217	£1,065	£153	£634	£1,724	£1,682	19	19	0
31/03/06	*	£490	£449	£41	£0	£0	£0	n/a	0	0
31/03/05	*	£512	£470	£42	£0	£0	£0	n/a	0	0
31/03/04	*	£497	£408	£89	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 9.6%
Fundraising Costs/Total Spending: 11.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 22%
Liabilities/Income: 58%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 32.5 months
Net Current Assets/Spending: 9 months
Quick Ratio: 3.7

Asset Split ?

Established: 56 years

www.lbc.org.uk

contact@lbc.org.uk

02089811225

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
Religious Activities
The Advancement Of Health Or Saving Of Lives

GiG Classification

Community services

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides services

Where it operates

Essex, Kent, Throughout London,

Who it helps

Other Defined Groups

Who works here?

32 employees
200 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 - Caring for the Carers
£10,000	22/04/2022	The funding will be used to provide continuity for the community service provided to unpaid carers. The project aims to support carers by providing opportunity to de-stressing building emotional ....more The funding will be used to provide continuity for the community service provided to unpaid carers. The project aims to support carers by providing opportunity to de-stressing building emotional resource and peer support.
National Lottery Community Fund - Breathing Space Day Retreats and Group for carers
£60,723	01/02/2019 36	Breathing Space Day Retreats and Group for carers

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

DR DAYANATHA SHOWMAN Appointed: 2021

JYOTISMATI WEISS Appointed: 2020

CLAUDINE EDWARDS Appointed: 2017

DAVID WATERSTON Appointed: 2018

DR PARAMABANDHU GROVES, Other trusteeship: FUTURE DHARMA FUND,

GUS MILLER Appointed: 2023

HELEN SOPHIA BURGESS Appointed: 2023

OLIVER BROCK Appointed: 2020

ROBERT LUIS CROW-MAINS Appointed: 2022

SANDRA TURNER Appointed: 2015

Legal constitution

Charity registered in England & Wales on 20/06/1968, number: 255420

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR17: 24 days late, AR13: 2 days late, AR11: 2 days late, AR10: 2 days late, AR07: 27 days late, AR06: 91 days late, AR05: 59 days late, AR04: 32 days late,

Main office

51 ROMAN ROAD
LONDON
E2 0HU

Objectives

THE ADVANCEMENT OF THE BUDDHIST RELIGION: IN PARTICULAR 1. TO ENCOURAGE MEMBERS AND OTHERS TO LIVE IN ACCORDANCE WITH THE TEACHINGS OF THE BUDDHA. 2. TO SUPPORT ORDAINED MEMBERS OF THE WESTERN BUDDHIST ORDER AND OTHER DULY ORDAINED BUDDHISTS, AT THE DISCRETION OF THE COUNCIL OF THE FRIENDS OF THE LBC. 3) TO MAINTAIN CLOSE COMMUNICATION WITH AND WORK UNDER THE GUIDANCE OF THE WESTERN BUDDHIST ORDER AND IN CO-OPERATION WITH OTHER GROUPS WITH THE SAME OBJECTS. 4) TO USE APPLICATIONS OF THE BUDDHA'S TEACHING TO PROMOTE THE HEALTH AND WELL-BEING OF ALL.

Defined Area of Benefit:

NOT DEFINED

Data Sources