THE GUHYALOKA TRUST

Company limited by guarantee

Company Registration Number:
02448092 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

THE GUHYALOKA TRUST

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE GUHYALOKA TRUST

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The overall objective of the Guhyaloka Trust is the advancement of the Buddhist Religion. Its aims are to encourage members and others to live in accordance with the teachings of the Buddha, to establish and maintain a retreat centre, and to maintain close communications with work under the guidance of the Triratna Buddhist Order. To achieve these objectives, the charity owns land in Alicante, Spain, where a Spanish-based Triratna organisation manages and runs a retreat centre.

Additional information

The directors’ report includes narrative on the charity’s achievements during 2024 and plans for future activities, including funding and improvements to the retreat centre in Spain.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Dharmarchari Amogharatna

The directors shown below have held office during the period of
1 January 2024 to 1 September 2024

Arthapriya O'Neill
 Michael John Tait

The director shown below has held office during the period of
1 September 2024 to 31 December 2024

Sean Boland

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 September 2025

And signed on behalf of the board by:
Name: Sean Boland
Status: Director

THE GUHYALOKA TRUST

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 107,811 3,560
Gross profit(or loss): 107,811 3,560
Administrative expenses: ( 37,695 ) ( 3,207 )
Operating profit(or loss): 70,116 353
Interest receivable and similar income: 265 73
Profit(or loss) before tax: 70,381 426
Profit(or loss) for the financial year: 70,381 426

THE GUHYALOKA TRUST

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Tangible assets: 3 21,429 21,429
Total fixed assets: 21,429 21,429
Current assets
Cash at bank and in hand: 77,095 6,714
Total current assets: 77,095 6,714
Net current assets (liabilities): 77,095 6,714
Total assets less current liabilities: 98,524 28,143
Total net assets (liabilities): 98,524 28,143
Members' funds
Profit and loss account: 98,524 28,143
Total members' funds: 98,524 28,143

The notes form part of these financial statements

THE GUHYALOKA TRUST

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: Sean Boland
Status: Director

The notes form part of these financial statements

THE GUHYALOKA TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Valuation information and policy

    Land assets are recorded at historical cost (donor purchase price) and converted into sterling; trustees consider the valuation appropriate.

THE GUHYALOKA TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE GUHYALOKA TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 21,429 21,429
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 21,429 21,429
Depreciation
At 1 January 2024
Charge for year
On disposals
Other adjustments
At 31 December 2024
Net book value
At 31 December 2024 21,429 21,429
At 31 December 2023 21,429 21,429

THE GUHYALOKA TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Financial Commitments

The notes disclose commitments for building work at the retreat centre, with planned renovations in 2025 and 2026.