2021-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 01 2021 To 31 12 2021

Section A Reference and administration details

Charity name

Universal Confluence of Yoga Vedanta Luminary Trust

Other names charity is known by Registered charity number (if any) Charity's principal address

UCYL Trust, UCYL, Abhedashram, Luminary Publications

105159 Camlad House Forden Welshpool Postcode SY21 8NZ

Names of the charity trustees who manage the charity

1 2 3 4 5	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Maheshvara Caitanya			Trustees themselves
	Terrence C Walsh			Trustees themselves
	Shri Shruti			Trustees themselves

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document (eg. trust deed, constitution)

Trust Deed 1[st] December 1995

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Trust

How the charity is constituted

(eg. trust, association, company)

Trustee selection methods

Appointed by Trustees

• (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the Trust are to advance education in the practice and study of Yoga and Vedanta and religious education for the benefit of the public.

The Trust offers Yoga classes at its main centre and at other hired venues and provides a meditation hall for individual and collective use. Meditation classes and spiritual guidance are offered throughout the year as well as during residential weekend programmes, celebrations and Summary of the main public talks all of which are open to public. activities undertaken for the public benefit in relation to All trustees are aware of the guidance issued by the Charity these objects (include within Commissioners in relation to the trusts and charities public benefit this section the statutory guidance. declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

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Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Classes and teaching at the centre and throughout the country picked up as Covid restrictions were modified in 2021. The Hatha Yoga teachers offered evening classes most evenings of the week and this year saw a greater participation on-line. The online classes enabled students from much further afield to join talks and celebrations and yoga classes from the comfort of their homes. The Meditation Hall was still open every day of the year for individual meditation. Weekend and longer retreats were offered. Various celebrations -public religious worship- took place and spiritual guidance was given both online and on site, via the telephone and in-person, in line with the relevant and changing Covid restrictions that were in place in relation to Public Religious Worship and group gatherings as issued in Wales. In addition to this private space was offered to individuals, couples, families or small groups wishing to undertake private and guided retreats on a short term and long-term basis. The centre offered some 102 days of retreat throughout the year in the form of group retreats and long and short personal retreats. Regular refurbishment and maintenance works were undertaken on a continuous basis throughout the year.

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Section E Financial review

The trustees aim to maintain free reserves in unrestricted funds at Brief statement of the a level which equates to approximately three months of charity’s policy on reserves unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered. The trustees consider that a level of three months is sufficient given the flexibility afforded by the total return approach towards the investment of the permanent endowment which allows trustees to transfer amounts from the unapplied total element of the endowment fund in the case of urgent need.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

Section F Other Optional Information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Shri Shruti Full name(s) Maheshvara Caitanya Position (eg Secretary, Chair, Trustee Trustee etc)

Date 01/10/2021

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Charity Name No (if any) UCYL Trust 1051950 Receipts and payments accounts CC16a For the period 01/01/2021 31/12/2021 To from

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 16,239 58,495 21,998 - 96,733 29,000 - 29,000 125,733 1,667 15,799 18,340 913 - 36,719 63,055 63,055 99,774 25,959 - 8,780 17,179	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 16,239 58,495 21,998 - 96,733 29,000 - 29,000 125,733 1,667 15,799 18,340 913 - 36,719 63,055 - 63,055 99,774 25,959 - - 8,780 17,179	Last year to the nearest £
Voluntaryreceipts	16,239				13,472
Activities forgeneratingfunds	58,495				18,614
Charitable activities	21,998				-
	-				-
Sub total(Gross income for AR)	96,733				32,086
A2 Asset and investment sales, (see table).
Loan received from external funder	29,000				18,718
	-				-
Sub total Total receipts A3 Payments	29,000				18,718
					50,804
Cost ofgeneratingvoluntaryreceipts	1,667				76
Fundraisingcost(tradingactivities)	15,799				12,927
Cost of charitable activities	18,340				8,928
Governance cost	913				4,536
	-				-
**Sub total **	36,719				26,466
A4 Asset and investment purchases, (see table)
Loans Repaid	63,055				10,768
					21,025
**Sub total **	63,055				31,793
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					58,259
	25,959	-	-	25,959	- 7,455
			-	-
	- 8,780	-	-	- 8,780	- 1,325
	17,179	-	-	17,179	- 8,780

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Building Signature Current Account Savings Account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Laptops and accessiories Loans	Unrestricted funds Restricted funds to nearest £ to nearest £ 17,818 365 18,183 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ Fund to which asset belongs Cost (optional) Fund to which asset belongs Cost (optional) Designated 840 Designated Fund to which liability relates Amount due (optional) Unrestricted 355,464 Print Name Maheshvara Caitanya Shri Shruti	Endowment funds to nearest £
			-
			-
			-
			OK Endowment funds to nearest £
			Current value (optional)
			Current value (optional)
			When due (optional)
			Date of approval
		Maheshvara Caitanya	10/09/2022
		Shri Shruti	10/09/2022

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ UCYL TRUST members of On accounts for the year 31/12/2021 Charity no 1051590 ended (if any) Set out on pages 2

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021 .

• Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

• accounting records were not kept in accordance with section 130 of the Act or

• the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

• Please delete the words in the brackets if they do not apply.

Signed: Date: 22/09/2022 Name: Dean Jones Address: 71 Lon Glanyrafon Vaynor Newtown Powys SY16 1QU

October 2018

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IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose.

Independent examiner’s report to the trustees of UCYL Trust

I report to the trustees on my examination of the accounts of the UCYL Trust (the Trust) for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached

October 2018

2

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