Company registration number:
03330132
Compassion Kadampa Meditation Centre Newcastle Limited
Trading as
Compassion Mahayana Buddhist Centre Limited
Unaudited filleted abridged financial statements
31 January 2026
Compassion Kadampa Meditation Centre Newcastle Limited
Company limited by guarantee
Contents
Directors and other information
Accountants report
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Compassion Kadampa Meditation Centre Newcastle Limited
Company limited by guarantee
Directors and other information
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Directors |
Dr Derek Randles |
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Mr Spencer Davey |
(Resigned 14 January 2026) |
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Mrs Lisa Marie Divine |
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Trustee |
Phillip Moore |
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Company number |
03330132 |
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Registered office |
2 Station Road |
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Gosforth |
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Newcastle upon Tyne |
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Tyne and Wear |
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NE3 1QD |
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Business address |
2 Station Road |
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Gosforth |
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Newcastle upon Tyne |
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Tyne and Wear |
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NE3 1QD |
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Accountants |
T R Dixon and Co Limited |
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Chartered Certified Accountants |
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Statutory Auditors |
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1A Dinsdale Place |
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Jesmond |
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Newcastle upon Tyne |
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Tyne and Wear |
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NE2 1BD |
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Compassion Kadampa Meditation Centre Newcastle Limited
Company limited by guarantee
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Compassion Kadampa Meditation Centre Newcastle Limited
Year ended 31 January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Compassion Kadampa Meditation Centre Newcastle Limited for the year ended 31 January 2026 which comprise the abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements.
This report is made solely to the board of directors of Compassion Kadampa Meditation Centre Newcastle Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Compassion Kadampa Meditation Centre Newcastle Limited and state those matters that we have agreed to state to the board of directors of Compassion Kadampa Meditation Centre Newcastle Limited as a body, in this report in accordance with the ACCA, to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Compassion Kadampa Meditation Centre Newcastle Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Compassion Kadampa Meditation Centre Newcastle Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Compassion Kadampa Meditation Centre Newcastle Limited. You consider that Compassion Kadampa Meditation Centre Newcastle Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Compassion Kadampa Meditation Centre Newcastle Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
T R Dixon and Co Limited
Chartered Certified Accountants
Statutory Auditors
1A Dinsdale Place
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1BD
16 September 2026
Compassion Kadampa Meditation Centre Newcastle Limited
Company limited by guarantee
Abridged statement of financial position
31 January 2026
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2026 |
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2025 |
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Note |
£ |
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£ |
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Fixed assets |
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Tangible assets |
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818,912 |
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1,036,693 |
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_______ |
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_______ |
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818,912 |
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1,036,693 |
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Current assets |
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Stocks |
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2,063 |
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2,011 |
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Debtors |
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893 |
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906 |
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Cash at bank and in hand |
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23,651 |
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35,500 |
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26,607 |
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38,417 |
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Creditors: amounts falling due |
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within one year |
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(
17,828) |
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22,629) |
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Net current assets |
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8,779 |
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15,788 |
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Total assets less current liabilities |
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827,691 |
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1,052,481 |
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Creditors: amounts falling due |
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after more than one year |
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(
265,544) |
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518,754) |
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Net assets |
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562,147 |
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533,727 |
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Capital and reserves |
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Revaluation reserve |
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37,000 |
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37,000 |
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Profit and loss account |
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525,147 |
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496,727 |
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Members funds |
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562,147 |
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533,727 |
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For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the
board of directors
and authorised for issue on
16 September 2026
, and are signed on behalf of the board by:
Phillip Moore
Trustee
Company registration number:
03330132