Donation and Our Finance
Our organisation runs entirely on donations and volunteers. All of our programs are open to everyone, and no fees are required to participate. For those who are able, we encourage monthly donations to cover our operating expenses so that we can continue our intentions.
Below are three ways of making donations:
1) KindLink is a cost-efficient way for us to receive donations over £30;
2) Charities Aid Foundation offers a fixed transaction charge, hence ideal for small donations (e.g., donations less than £30);
3) Our bank account details are also provided below if you like to do a bank transfer.
Thank you for your generosity and support!
Gift Aid / Your tax reduction
We are registered as a charity for tax purposes under HMRC with reference number ZD10119. If you are eligible for making Gift Aid donations (e.g. paying Income Tax or Capital Gains Tax in the UK), please tick the Gift Aid box to allow us to claim an additional £0.25 for every £1 you donate from HMRC. No extra cost on you but more for us! If you are a higher rate taxpayer, you can claim the difference between the rate you pay and the basic rate on your donation. Please refer to HMRC website for more details.
Bank Name: The Co-operative Bank
Name on account: Dharma Drum London
BIC/SWIFT code: CPBKGB22
Sort code: 08-92-99
Account number: 67280915
Your donations go to our essential expenditures to keep the organisation running and growing organically. The surplus fund will be mainly spent in the future on rental fees for the venues, as well as preparation for physical retreats. Any more surplus will be saved towards our own venue if we are lucky to have one in the future.
Breakdown of income and expenditures in the last few financial years:
|Financial Year 2022/23||Financial Year 2021/22||Financial Year 2020/21|
|Activities and Venue Hiring||-£9,566||-£698||–|
|Software and Website||-£157||-£197||-£283|
|Legal and Accounting||-£313||-£26||-£47|
|Receivables and Prepayments||£6,331||£2,311||£385|