Registered Charity110956121
Registered Company13932262}
Report of the Trustees and
Financial Statements For The Year Ended
29 February 2024
for
The Jasmine Trust
KETTLEWELL Co
Chartered Certified Accountants

The JasmineTrust
Contents
Report of Trustees
Independent Examiners report
Statement of financial activities
Balance sheet
Notes to the financial statements
13

REPORT OF THE TRUSTEES
The Tnjsteeslmanagement Committee presents their report and unaudited financlal
ststements for the year ended 29th February 2024, representing the period 181 March 2023
to 29th February 2024
Reference and admlnlstratlve Informatlon
Charlty Name:
Charlty registration number:
Company registration number.
Regislered office and operational address:
The Jasmine Trust (JT)
1095612
3932262
Babworth Court, Babworth,
Refftlrd DN22 8EW
TrustseslDlrectors:
Susan Hughe8
Ann Ogley
Susan Keeton
Mary Jarrett
Employees:
Centre Education Manager (CEM)
Carolyn Clarf(e
Centre Operations Manager (COM)
Dave Clarke
Admlnlstration Assistant
Julle Robinson
Accountant:
Kettlewell & Co. Ltd
Retford Entstprise Centre
Randall Way
Retford DN22 7GR
Bankers:
TSB Bank
PO Box 373
Leeds
LS14 9GQ
Ob
ectlves of the chari
To advance public education in the classical teaching of yoga science and lo maintain and
Improve the Standards of teaching yoga.
To promote and advance for the public benefrt, the study and practi￿ of and the research
into, the therapeutic effects of yoga as a means of Improving Ihe mental and spiritual
health of the community, and to publish the useful results of any research.
In setting our objectives and planning for future activities the Trustees have had regard to
the commissionerfs general guidance on public benefit.

The Trust has endeavoured to athieve its obiectsves by the following means:
Policies
The Trust continues to manage itsew within the framework of ts policies, all of which are
reviewed annualty. Additions are created when required. The Trust employs three people: Centre Education
Manager (Full time), Centre Operations Manager (Part time) and an Administration Assistant (Part time).
Staff appraisals have been carried OUL Salaries are reviewed annually. The CEM and COM are enrolled in
NEST.
rustees and Volunteers
There were four trustees throughout the period.
The Trust continues to enjoy the support of volunteers. Trustees have been Contrlbuting to meetings,
developing policies and still emotionally suppoi1ing staff members.
COVID
Whilst Covid handling is now very dlfferent, Jasrni￿ Trust is still adopting safe practice in tems of sanitizing,
class numbers are not now being restricted. Evidence of local outbreaks mean we maintain a vigilant stance on
anyone with the infection not attending dasses.
slness actlv
CEM and Administralive Assistant (M) have enabled students to access the booking system and kept classes
running smoothly throughout the year for those who have attended.
There Is still a little trepidation in terms of Covid ￿￿th some of the trrfxe senior attendees. we have seen a retum
to classes on a more regular basis. Still many participants are onty paying for one class at a time which makes
class management a little erratic and minimizes the income streams for Jr.
The Trust maintained the building Batmorth Court, with painting of the ground floor, and professional cleaning
of the lantern lights in the main studio which has to be cornpleted by a specialist company due to its heighL
Studio attendance for Peter Blackaby, the Summer and Chrisknas programmes were all well attended.
The BWfQ Teacher Tralning course has gone very well - with 8 teachers working towards their qualification.
This concludes in March 2024. We have a pool of 4 local teachers that we can pull on for provision of dasses
should we need to in the future. External tutor costs have risen due to the co tutoring necessary within the
teacher training sthedule
CEM continues as Lead IQA for the UK goveming body BWY. This continues to be useful in quality
assuring our own courses and dass delivery.

The Facllltles (induding BatAvoth Court arKI grounds)
The hiring out of the rnain studio r￿rnMenced using advertising social media and website sources to
encourage local teachws to hire the centre at weekends. This has brought a small income stream which we
hope to intensify in the following financial year.
arketln
JT invested in a new fomat website, whith was well received by our dients. This enables a booking and
payment system as well as direct contact with the AA through an email contact page. Social media advertising
is maintained by the AA and continues to improve coverage, providing a wide ranging portal. Instagram has
been developed with some success, but is time Cons￿ning to maintain currency in advertising via a
photographic library.
Paper based advertising is very costty with little effect. Word of mouth and posters in local shops have both
Proved more successfvl throughout the year.
Fundln
The Perlod saw contributions of £10.OIJO from Whitaker Charitable Trust for general use withln the Trust.
Future Plans
As this financial year ends, Jasmi￿ Trust is working to maintain dasses and events with plans to -
Work towards creating more general classes run by student teachers as they practice their skills to build
confidence and draw them into the teaching group.
At an appropriate time, create a paper-based advertising campaign to lie into an Open day event
Find ways to expand the demographic of attendees through approathing specific organisations to offer
classes to suit those groups.
Develop a programme of seminars, workshops and specialist classes using JT *aff s expertise.
Redefine hiring Ihe Centre to local groups and teachers with a view to heightening the income stream that
has begun to expand wilhin thts year.
Commence a new BWYQ Certificate in Teaching Yoga course.
Advertise a new BWYQ Progression in Teaching Yoga course.
Reserves Polic
Reserves are held in the Curren( Project Savings and Buy a Brick accounts.
Risk Revlew
Major risks to which JT may be exposed are reviewed on a regular basis by the Management Committee and
systems are in place to mitigate those risks.
As in previous years. Covid risk is managed constanty by COM & CEM and in line with any government
guidelines for Yoga Centres published by Sport England or the govemment. Whilst the health risk has been
minimising over time. clients are advised not to attend class rf they have any signs of colds or Covid itself. This
leads to the risk of challenging incOff￿ streams which are constantty under review.
A new Yoga studio has opened in the immediate vicinity of our venue - whilst there was a disturbing trend to
losing clients to this studio in the eaty part of the year, the impact has lessened and most participants have
retumed to our teachers.
The third most s￿nIficant risk could be related to the safe practice of yoga (a physical activity) and Jfs

policy of ensuring that all members of staff and vistling tutors are either fully qualified or on a recognised training
programme is an added safeguard. The safeguard is that On￿ qualified or on a recognised training programme,
they are fully and adequately insured.
Results
The net income generated by the ongoing, ordinary activities of the Trust for this financial year totaled £368.
This shows an upward trend since 2022- 23.
Income generated was boosted by a teaching training course run throughout the year and increased numbers
In general yoga classes. Seminar attendance also showed increased income.
The challenge of maintaining stability in class numbers is still something that our teachers report as
'concerning' and is driven by
Students being responsible for not attending wlth Covid.
Increased competition in the area (noted above).
More students going on holiday during tenn time.
Nationwide, many teacher tralning courses being IQA'd came to an end in 2022 - 23 financial year, so the
income stream of the CEM took a 75% drop. (This is cyclical and can vary year on year).
As can be seen our future plans are working at redressing this.
The Trust net resources are expanded by donations from Whitaker Charitable Trust of £10000
The total funds generated for the year were attributed to general reserves which now sland at £29126
Company Law requires the Management Committee to prepare financial statements for
eaoh financial year which give a true and fair vlew of the state of the affairs of the
chantable company as at the balance sheet date and of its incoming resources for the
financial year. In preparing tIK)se statements, the Directors should follow best practice and..
Select suitable accounting policles and then apply them conslstently.
i) Make judgements and estimat•s that ern re&sonable and pmdent.
i) Prepare the fin8ncl81 st8tem8nts on Ihe going concam basis unless it is In8ppmprfafe to
assume that the company will continue on this basls.
The Directors are responsible for maintaining proper accounting records which disclose
wilh reasonable accuracy at any tlme, the final position of the charltable company and
enable them to ensure that the financial statemenls comply with the Company's Act 2006.
The Directors are also responsible for safeguarding the assets of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ers of the charitable
The Directors of the company for the purpose ol company law are Trustees for the purpose of charity law,
and those who served during the year and up to the date of this report set out on page one.
Members of the charitable company guarantee to contribute an amount not exceeding £10 to the assets of the
charitable company in the event of winding up.

The total number of such guarantees at Fel)ruary 2023 was 4.
The Trustees again wish to acknowledge the hard work and great effort put in by the CEM, the COM and the
AA over another period post Covid. This has enabled the centre to be as viable as possible under extremely
challenging times, continuing to meet its objectives wherever possible.
This report has been prepared in accordance with the Stslement of Recornmended Practice Accounting
and Reporting by Charities, and in accordance with the small companies exemptions provided in
section 415A of the Company's Act 2006.
Approved on 4111124 and signed on behalf of the trustees by Susan Hughes
S.M. PMghes

Independent Examlner's Report to the t￿￿ee$ of
The JasmSne Triist
For the year ended 29 February 2024
I report to the trustee5 on my examination of the accounts of The Jasmine Trust for the year ended 29th February 2024, which
are set out on pages 7 to 13.
Responslbilities 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 Charitles Act 2011('the Acv).
I report in respect of my examinatlon of the Trustee'5 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 2011 Art.
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in connertion with the
examination givlnE me cause to believe that in any material respect:
11) accounting records were rlot kept in respect of the Trnst as required by section 130 of the Art; or
121 the accounts do not accord with those records: or
13) the accounts do not comply wlth the applTrcable requirements con￿mIng the form and content of accovnts set
out In the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a
'true and fair Vie￿ which is not a matter considered as part of an independent examination.
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 r&iched.
fvoSX
A Kettlewell FCCA
KettleV￿1l&cO Limited
Chartered Certlfied Accountants
Retford Enterprise Centre
Randall Way
Retford
Nottln8hamshire
DN22 7GR
4th November 2024

The Jasmlne Tnst
Totsl
Funds
2024
Funds
Incomln& resources
Voluntary income
Donations
Brtck fund donations
Activities for generating funds
Sale of goods
Hire of faclllties
Bank Inte￿$t recewable
Activities to further the charitys objects
Promotion and instruction of
physical well-being actMtie5
iO.O(M)
10AM
13.000
74
74
140
55.051
55.051
44.612
Totsl Incom1￿ resources
65.911
65311
59,097
Re50urce5 expended
Accountancy
Amorti5ation
Bank charges
Bank charge5- Square
Computer & website costs
Charitable donations made
Depreciatlon
External tutors
Goods for resale
Health and safety
Household and offKe supplie5
Insurance
Legal fees
LEht, heat and water
PayPal charges
Printin& postage and stath)nery
Regi5tratlon fee5
Rent and rates
Repairs and malntenance
Salaries
Staff pensions
Teathing supplies
Telecommunications
Travel and subslstence
960
14.160
157
960
14.160
161
14,160
157
118
1.995
270
18
10,202
74
375
1.187
I￿53
1.995
270
18
10.202
74
375
1.187
1,853
209
45
318
8.660
776
2,547
13
2.070
2.401
512
20
2.401
512
20
175
121
5.045
464
43,461
1,086
24
832
323
2,431
3,121
38.161
927
2,431
3,121
38,161
927
65
14,160
81057
Net resources (expended)18enerated- net
(expendltureylncome forthe year
{14,1601
113.792)
122,960}
Totsl lunds at l Marth 2023
758
128.624
157.382
180,342
Total funds at 29 February 2024
143590
157,382

The Jasmine Trust
Balance Sheet as at 29th February 2024
2024
2023
Notes
Flxed assets
Tangible assets
114,464
128.642
Current assets
Stocks- goods for resale
Debtors
Cash at bank and In hand
106
1,045
31,851
33,002
180
2,095
31,499
33,774
Credltors
Amounts falling due wlthln one year
Deferred Income
1,376
2,500
3,876
1,550
3,485
5.035
Net current assets
29,126
28,739
Net assets
143,590
157,381
Represented by:
Restrlcted funds
General funds
io
io
114,464
29,126
128,624
28,758
Total funds
li
143,590
157,382
For the financlal year ended 29 February 2024 the charStable company was entltled to exemptlon from audlt
under sectlon 477 Companles Act 2006 relatlng to small cornpanles.
Dlr•rtor5' responslbllltle$:
The members have not requlred the company to obtaln an audlt of Its accounts for the year In
questlon In accordance wbth sertion 476.
The directors acknowled8e their responsibilities for complylng wlth the Act with respert to
accounting records and preparatlon of accounts.
These accounts are prepared In accordance with the provlslons appllcable to companles subject to
the small companles regime.
On behalf of the board,
Susan Hughes
Dlrertor
Dated:
4th November 2024

The Jasmlne Trust
Notes Fomiing Part Of The Flnanclal Statements
For The Year Ended 29th February 2024
l Accounting Pollcles
1.1 Basls of preparatlon
The financial statements have been prepared in accordance with the Charities: Statement of
Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}) (issued in October 2019)
(Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republlc of Ireland
(FRS 102) and the Companies Act 2006.
The Jasmine Trust meets the definitlon of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transactlon value unless otherwise stated In the relevant accounting
policy notels).
1.2 Preparatlon of the a¢¢ounts on a going concern basis
The accounts have been prepared on a going conern basis. The trustees consider that there are no material
uncertaincies about The Jasmine Trust's ability to continue as a going concern.
1.3 Fund accounting
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets
these criteria is charged to the fund. The Trust has discretion to use unrestricted funds for projects to meet
the Charitable Company's objectives.
1.4 Income Recognltlon
Income is recognised when the charity has entltlement to the funds. any performance conditions attached
to the item{s} of income have been met, it is probable that the income will be received and the amount can
be measured rellably. Where income has related expenditure las with fundraising or contract income), the
income and related expenditure are reported gross in the Statement of Financial Activities. Donations.
grants and gifts are recognised when receivable. In the event that a donation is Subject to fulfilling
performance conditions before the charity is entitled to the funds. the income is deferred and not
recognised until it is probable that those conditions will be fulfilled in the reporting period.
1.5 Donations
Donations and monies recelved from grants are included In the accounts of the year to which they relate.
Expenditure and any specific donation5 are both Included in the same relevant year.
1.6 Interest receivable
Interest receivable is accounted for as it accrues.

-10-
The Jasmine Trust
Notes Formlng Part Of The Financlal Statements
For The Year Ended 29th February 2023
1.7 Tangible flxed assets
The cost of Tangible Fixed Assets are capitalised in the Balance Sheet. Depreciation is provided to write off
the cost or revaluated amount, less an estimated residual value, of all fixed assets evenly over their
expected economic useful lives on a straight line basis. Leasehold improvements are amortised over the
period of the lease, 20 years.
1.8 Stock
Stock is valued at the lower of cost and net realisable value, after making due allowances for obsolete and
slow moving items.
1.9 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.10 Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturlty
of three months or less from the date of acquisitlon or opening of the deposit or similar account.
1.11 Creditors and provlslons
Creditors are recognised where the charity has a present obligation resulting from a past event that will
probably result In the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors are normally recognised at their settlement amount after
allowlng for any trade discounts due.
1.12 Taxatlon
The company is exempt as it meets the defionition of a charitsble company for UK Corporation tax
purposes.
2 Members Guarantee
The Company is a registered charity limited by guarantee with the liability of each of the current members being
limited to £10.

-11-
The Jasmlne Trust
Notes Formlng Part Of The Flnanclal Statements
For The Year Ended 2*h February 2024
3. Incomlng resources from actlvltle5 to further the charfty'5 obJectlves
Total
2024
Total
2023
Unrestrlrted
Restrlrted
Yoga classes
Flrst Aid TraSnlng
Semlnars & Events
Teacher tra5nlng
Indivldual tuStSon
Verlflers, fees
33,136
733
6,053
13,942
728
460
33,136
733
6,053
13,942
728
460
27,642
624
4,433
7.235
815
3,863
55,051
55.051
44.612
4. Net Incomln8 resources for the year
Thls Is stated after chargln8•
2024
2023
Amortlsation
Depreclation
14,160
18
14,160
318
5. Staff costs and numbers
2024
20Z3
Gross salaries
Pension contributions
social securlty Costs
38,161
927
43,461
1,086
39.088
44.547
The average weekly number of employees during the year, calculated on the basis of
full-time equivalents was as follows:
2024
2023
Dlrectors
Administratlon and support
Total

-12-
The Jasmine Trust
Notes Fomiing Part 01 The Financial Statsmerts
For The Year Ended 29th Feb￿￿ry 2024
6. Tanglble fixed assets
Furnlture.
fixtures &
equlpment
Leasehold land
and buildings
Total
At l March 2023
Additions in year
283,213
22,717
305,930
At 29 February 2024
283,213
22,717
305.930
Depreclatlon/Amortlsation
At l March 2023
Charge for the year
At 29 February 2024
154,589
14,160
168.749
22.699
18
177.288
14,178
191.466
22,717
Net book value
At 29 February 2024
114,464
114,464
At 28 February 2023
128,624
18
128.642
7. Debtors
2024
2023
Sundry debtors
Prepayments
1,045
1,045
2,095
2.095
8. Credltors. amounts falling due within one year
2024
2023
Taxation and social security
Trade creditors
Other creditors
Accruals
416
590
960
1.376
960
1,550

The Jasmine Trust
Notes Forniln8 Part Of The Ffnanclal Statements
For The Year Ended 29th February 2024
9. Deferred Income
2024
2023
Income received in advance
2,500
3,485
10. Analysls of net assets between fvnds
General
funds
DesI￿ated
funds
Restrlcted
funds
Total
funds
Tangible assets
Current assets
Current1Sabllltles
Net a55ets at 29 February 2024
114,464
114,464
33,002
13.876)
143.590
33,002
13.8761
29.126
114.464
11. Movements In fvnds
At l Marth
2023
IncomlTha
resources
Out8olnB
resources
At 29 February
2024
Unrestrfrted funds
General funds
Restrlcted funds
28.758
128.624
65.911
65.543
14.160
29,126
114,464
Total funds
157,382
65.911
79.703
143.590