Registered Charity110956121
Registered Company13932262)
Report of the Trustees and
Financial Statements For The Year Ended
28 February 2025
for
The Jasmine Trust
KETTLEWELL Co
Chartered Certified Accountants

The Jasmlne Tntst
Report of Trustees
Independerrt Examlners report
Statement of financial activities
Balance sheet
Notes to the flnandal statements
SL13

The Jasmlne Trust
Rwrt of the Trustee5
The Trustees/Mana8ement Commlttee presents their report and unaudlted financlal
statements for the year ended 28th February 2025. rewwntlng the perfod i# March 2024 to 28th
February 202S
Reference and •dmlnbtrJtFde Infwm
Charfty Name:
Charlty registratlon number:
Company reglstratlon number.
Re8lstered office and (yeratlonal addres5:
The Jasmlne Trust (m
1095612
3932262
Babworth CoufL Babworth,
Retford DN22 8EW
Susan Hu8hes
Ann 08ley
Susan Keeton
Mary Jarrett
ftetlred (Ui-25
Employees:
Centre Educatlon Manager (CEM)
caro￿ aarke
Centre Operatlons Manager {COM)
Dave aarke
Admlnlstratlon Asslstant
Julle Roblnson
Ket￿e￿Il & Co. Ltd
Retf¢)rd Enterprlse Centre
Randall Way
Retford DN22 76R
BankeTh:
TS8 Bank
PO Box 373
L514 9GQ
To advance publlc educatlm In the dasskal teathlng of y4)ga s¢lence and to malntaln and
Improve the standards of teach1￿ yoga.
To promote and advan￿ forthe public benefft. the sw and prnctlo of and the researth
Into, the therapeutlc eflects of yoia as a means of Improving the mentsl and SpIrf￿al
health of the community. and to publlsh the useful results of any research.
In settfn8 our objectfves and plannlng for future actlvltles the Trustees have had regard to
the commlssloner's general gUIdan￿ on publlc benefft

The Jasmlne Trust
Report of the Trustees
The Trust has erKleavoured to achleve Its objectfves by the followlng means:
Pollcl
The Trust continues to manage Itself wlthln the framework of its policies, all of which are
reviewed annually. Addltlons are created when required. The Trust employs three people: Centre Education Manager (Full
tlme), Centre Operations Manager (Part t5me) and an Administration Assistant (Part time).
Stsff appraisals have been carrled out Salarles are revlewed annually. The CEM Is stlll enrolled in NEST- the COM has
moved into Part tlme worklng and has chosen to finlsh hls penslon provlslon. All paperwork 55 In order.
d Voluntee
There were four trustees at the commencement of the perlod and one reslgned January 2025.
The Trust contlnues to enjoy the support of volunteers. Trustees have been contrlbutlng to meetlngs, developlng pollcle5
and stlll emotlonally supportlnE stsff members.
uslness act
CEM and Admlnlstratlve Asslstant (AA) have enabled students to access the booklng system and kept da55e5 running
smoothly throughout the year for those who have attended.
stlll many particlpants are only paylna for one class at a tlme whlch makes class management a Ilttle erratlc and mlnlmlzes
the income streams forJT.
The Trust maintained the bullding Babworth Court wlth the COM replaclng batteries in the flre alarms and repladng the
l¢xk on the main door, helping to maintain safety throughout. His dutles Indudes keepln8 the building dean and in good
order.
Studlo attendance for Monica Voss. Peter Blackaby. the Summer and Chrlstmas programmes were all well attended.
The proposed new BWYQTeacherTralnlnE course has not materlallsed whlch has mlnimised our Income stream. We hope
that thls will come to fruitlon In 2025- 26. We have a pool of 4 local teachers- 2 of whlch are now offering classes in the
bulldln8 and one who has offered to do supply work when main tutors are away or unavailable. Extemal tutor costs have
Stsyed hlgh due to the number of dasses belng run at the beginnin8 of the year-thls15 mlnlmislng throughout the year.
CEM holds the role of AGLO (Accredlted Group Liaison Officer for the UK 8overnlng body 8WY). This could be
useful if JT have to arrange their own teaching course in the future.

The Jasmlne Trnst
Report of the Trustees
The Fadlltles lincluding 8abworth Court and grounds)
The hlrfng out of the maln studlo recommenced uslng advertlslng soclal medla and webslte sour￿$ to encourage local
teachers to hire the ￿ntre at weekends. This has brought an Increase In thls Income stream over the year.
rketl
As well as the reont new webslte whlch stlmulates bcokln8 and advertlsln& JT Invested In a paper advertising to enable a
Open Day d￿ to Tun in March 2025. Social medla advertislng is maintained by the AA and continues to improve coverage.
provldlng a wlde ranging portal. Instagram has not been pursued - it is very time consuming and needs more man hours
than the trust has avallable to It. The AA has organised a paBe on Trip Adv150r. the Influence of thls Is yet to be felt.
Word of mouth and posters in local shops are both ways In whlch JTfinds local advertising.
The Perlod saw contributions of £10,000 from Whltaker Charitable Trust for general use wlthln the Trust.
As thls finandal year ends. Jasmlne Trust Is workin8 to malntsln classes and events wlth plans to -
Offer new general classes run by new teachers as they practlce thelr skllls to bulld teachlng confidence and draw
them into the established teachlng pool.
A paper based advertÈsing campalgn Is already In place for March 25 to support the Trusts 25 year annlversary
Open day event.
Expand the demographic of attendees by approathirbg spe¢ific or8anlsatlons to offer classes to suit their
participanvs needs.
Continue developlng seMIna￿ workshops and speclallst classes using Jr stafps expertise including pranayama and
medltatlon sesslons.
Helghtsn our Income rtream by offerlng discounted Hire packages to local teachers - target of 25 session hires over
25-26 (one fcr each year of buslness).
Commence a new BWYQ Certificate in Teachlng Yoga course.
Advertise and potentially commence a new BWYQ Progression in Teachlng Yoga course.
Reserves Pol
Reserves are held In the Current, Project Savings and Buy a Brlck accounts.
Rlsk Revlew
Major rf5k5 to whlch JT may be exposed are revlewed on a re8ular basls by the Management Committee and systems are
In place to mttlgate those rlsks.
The Covld rlsk has agaln been mlnlmlsed by Sport England wfthin its guldance for yo8a centres. however Jr encourages
cllents who show any signs of colds or CovSd not to attend class as a consideratlon for our other attendees. Thls leads to
the risk of reduclng income streams whlch are constsntly under revlew.
The second significant risk is the unsettled state of BWY- the goveming body of Yoga through whlch we run our trainin8
courses. The yoga market and the tutors wlthln BWY have lost confidence In the stabiiityof the orEanlsatlon. Ir are looking
at different ways of runnlng courses- an ongoing proces5.
The thlrd m05t slgnfficant rlsk could be related to the Safe practlce of yoga (a physlcal activity) and Jfs
pollcy of ensurlng that all members of staff arKI visitin8 tutors are either fully quallfied or on a reco8nised tralnlnE
pro8rnmme Is an added safe8uard. The safe8uard Is that once qualified or on a recognised tralnlng programme, they are
fully and adequately insured.

The Jasmine Trust
Report of the Trustees
The net loss generated by tlR ongoin& ordinary activities of the Trust for this financlal year totalled £6,437.
Thls show5 a downward trend SIn￿ 2023- 24.
Income generatlon15 sufferln8 from not havlng a teacher tralnlng course In place; a small Increase In numbers In general
yoga classes and Semlnar attendance do show stable Income.
Expendlture contlnues to rlse even though we have been prudent In our spendlng and reduced out8olngs as much as
posslble.
The challenge of ma5ntalnlng stablllty In class number515 5tlll somethlng that our tsachers report as 'oncernln¢ and Is
drlven by
Contlnued Increase In competltlon In the area- there are now around 10 studlos wlthln a slx mlle radlus around
More students golng on hollday durln8 term tlme.
CEM'S IQA revenue 1$ chan8eable and Is Influenced by a downturn Sn BWY tralnlng courses- thls Income stream dld see
one off course vlslts over 2024- 25 flnandal year.
As can be seen our future plans are workln8 at redressln8 thls.
The Trust net resources are expanded by donatlons from Whltsker Charltsble Trust of £l¢JOOO
The totsl funds generated for the year were attrlbirted to general reseNes whlch n¢>w stand at £22,689
Compony Law requlres the Management Commlttee to prepareflnanclal statementsfvr
eachfinanciolyear whlch glve a true andfvlr vlew of the stote of the affolrs of the
charftable company as ot the balonce sheet dote and of Its Incomlng resourcesfvr the
flnanclalyear. In preporlng those statements the Dlrertors 5houldfvllow bestprartlce ond..
o Selertsultable accountlng polldesand tlKn apply them conslstently.
o Make Judgements and estlmates that are reasonable UndPn￿ent.
o Prepare thefinandalstatements on the golnq concern bosts unless It Is Inapproprlate to
¢755ume that the compony WHI contlnue on thls bas1&
The Dlrectors are responslble for maintalnln8 proper accountlng records whlch dlsclose
wlth reasonable accuracy at any tlme. the flnal posltlon of the charStsble company and
enable them to ensure that the financlal statements comply wlth the Company's Act 21JO6.
The Dlrectots are also responslble for safeguardlng the assets of the charltable company
and hence for taklng reasonable steps for the preventlon and detertlon of fraud and other Irregularltles.

The Jasmlne Trust
Report of the Trustees
Members of the charltable com
The Dlrectors of the company for the purpose of company law are Trustees for the purpose of charity law, and those who
served durlng the year and up to the date of thls report set out on pa8e one.
Members of the charltable company guarantee to contrlbute an amwnt not exceedlng £10 to the assets of the charltable
cornpany in the event of winding up.
The total number of such guarantees at Febwary 2025 was 3.
The Trustees agaln wlsh to acknowledge the hard wtyk and great effort put In by the CEM, the COM and the AA over
another perlod. Thls has enabled the centre to be as vlable as p0551ble under extremely thallengin8 tlme5, contlnulng to
meet Its oblertlves wherever posslble.
Thls report has been prepared In accordan￿ wlth the Statement of Recommended Practlce Accountlng and
Reportlng by alarltles, and In accordance wtth the small companles exemptlons provlded In sertlon 415A of t
Company's Act 2006.
Approved on 16th September 2025 arKI slaned on behalf of the trustees by Susan Hushes
S.M. FIHghts

Independent Exarnlnees Report to the trustees of
The Jasmine Trust
For the year ended 28 February 2025
I report to the trustees on my examinatlon of the accounts of The Jasmine Trust for the year ended 28th February 2025. whlch
are set out on pages 7 to 13.
Responslbllitles and basis of report
As the charlty trustees of the Trust you are responslble for the preparatlon of the accounts In accordance wlth the
requirements of the Charltles Act 2011('the ACV).
I report In respect of my examlnatlon of the Trustee's accounts carrled out under sectlon 145 of the 2011 Act and In carrylng
out my exarnlnatlon I have followed all the appllcable Dlrectlon$ given by the Charlty Commlsslon under 5ertlon 145{5){bl of
the 2011 Act.
Independent examlnerfs statement
I have completed my examlnatlon. I conflrni that no materfal matters have come to my attentlon In connectlon wlth the
examlnatlon 8lvlng me cause to belleve that In any materlal respect:
(11 accountln8 re￿rdS were not kept In respect of the Trust as requlred by sectlon 130 of the Ac¢. or
(21 the accounts do not accord wlth those records; Dr
(31 the accounts do not comply wlth the applicable requlrernents concemln8 the form and content of accounts set
out in the CharitSes {Accounts and Reports) Re8ulatlon$ 2008 other than any requlrement that the accounts glve a
'true and fair whlth Is not a matter consldered as part of an Independent examlnatlon.
I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon should be
drawn In thls report In order to enable a proper understandlng of the accounts to be reached.
A Kettlewell FCCA
Kettlewell&Co Llmlted
Chartered Certlfled Accountants
Retford Enterprlse Centre
Randall Way
Retford
Nottlnghamshire
DN22 7GR
16th September 2025

The Jasmlne Trurt
IInu)Tp￿lI￿ Inmme and Expenthire A¢¢4wntl
Total
Funds
Tot•1
Funds
2024
Voluntary In¢ome
Donatlons
8rlck fund donatlons
Actlvlttes for generatlng funds
Sale of goods
Hlre of facllitles
8ank Interest recefvable
Actlvltles to further the charlty's obJects
Promotlon and Instrurtlon of
physlcal well-belfi8 artl¥ltles
iO.LX
10,000
10.000
io
1,230
371
74
1.230
371
42,617
42.617
55,051
Totsl Incomlfts rasour¢o1
54,228
54.228
65,911
lourus ¢¥pended
Attountancy
Advertlsln8
Amortbatlon
Bank charges
8ank char8es- Square
Computer & webslte costs
Charltable donatlons made
Depreebatlon
External tutors
Good5 for resole
Health and safety
Household and office supplle5
Insurance
Uaht. heat and water
Paypal charges
Prlntln& postage and statlonery
Regi￿ratIOn fees
Rent arKI rates
Repalrs and malntenance
Salarles
Staff penslons
Securlty
Telecommunicatlons
Travel and subslstence
960
512
960
512
14.160
165
154
960
14,160
14,160
157
118
1.995
270
18
10,202
74
375
1,187
L853
2,401
512
20
165
154
225
125
9.394
9.394
923
923
2.961
414
247
155
2.437
561
38y2
542
112
420
342
2,961
414
247
155
2,437
561
38,342
542
112
420
342
2,431
3,121
38,161
927
194
60,665
160
74￿
79,7
Net resources (expended118enerat¢d- net
(expenditurnvlnwme for the year
(6.437)
114,160)
(20,5971
113,7931
Total funds at l M•r¢h 2024
29,126
114,464
143.590
157.382
Totsl funds at 28 February 2025

The Jasmlne Trust
Balance Sheet as at 28th February 2025
2025
2024
Notes
Flxed assets
Tangible assets
100,304
114
Current assets
Stocks - goods for resale
Debtors
Cash at bank and In hand
99
435
24,336
24.870
106
1,045
31,851
33.002
Credlt¢x$
Amounts falllng due wlthln one year
Deferred Income
1,039
1,142
2.181
1.376
2,500
3.876
Net ¢Uff•nt assets
12,689
29,126
Net a￿ets
122.993
143,590
Represented by:
Restrlrted funds
General funds
io
io
100,304
22,689
114,464
29,126
Total funds
li
122,993
143.590
For the financlal year ended 28 February 2025 the charltable company was entltled to exemptlon from audlt
under sertlon 477 Companles Act 2006 relatlng to small companles.
Dlrortors. responslbllftles:
The members have not requlred the company to obtaln an audlt of Its accounts for the year In
question in accordance with 5ertlon 476.
The directors acknowledge thelr responslblllt5es for complylng wlth the Act wlth respect to
accountln8 records and preparation of accounts.
These accounts are prepared In accordance wlth the provlsSons appllcable to companies subject to
the small Companles re8lme.
On behalf ot the board.
*vLLLILx?L-6 .
Susan Hugheg
Dlrector
Dated:
16th September 2025

The Jasmine Trust
Notes Forniing Part Of The Financial Statements
For The Year Ended 28th Febn*ry 2025
l Accountlng 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 Stsndard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
The Jasmine Trust meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless Otherwise stated in the relevant accounting
policy note(s).
1.2 Preparatlon of the accounts on a going concern basls
The accounts have been prepared on a going conern basis. The trustees consider that the￿ are no material
uncertalncies about The Jasmine Trust's ability to continue as a going concern.
1.3 Fund accountlng
Restricted funds are to be used for specffic purp05e5 as laid down by the donor. Expenditure which meets
these criteria is charged to the fund. The Trust has disuetion to Use unrestricted funds for projects to meet
the Charitsble Company's objertives.
1.4 Income Recognltlon
Income is recognised when the charity has entitlement to the funds, any performance conditions attached
to the itemls) of income have been met. it is probable that the income will be received and the amount can
be measured reliably. Where income has related expenditure (as with fundralsing or contract income), the
income and related expenditure are reported gross in the Ststement of Financlal Activities. Donations,
grants and glfts are recognised when receivable. In the event that a donation Is subject to fulfilling
performance conditions before the tharity is entitled to the funds, the income is deferred and not
recognised until it is probable that those conditions will be fvlfilled in the reporting period.
1.5 Donations
Donations and rnonies recelved from grants are included in the accounts of the year to whlch they relate.
Expenditure and any specific donations are both included in the same relevant year.
1.6 Interest receivable
Interest receivable is accounted for as it accrues.

-1
The Jasmine Trust
Notes Fornilng Part OfThe Hnandal Statements
For The Year Ended 28th February 2025
1.7 Tanglble fixed assets
The cost of Tanglble Ftxed Assets are capitalised in the Balance Sheet. Depreclatlon Is provided to write off
the cost or revaluated amount, less an estimated residual value. of all flxed assets evenly over thelr
expected economlc useful lives on a straight line basis. Leasehold Improvements are amortised over the
perlod of the lease, 20 years.
1.8 Stock
Stock Is valued at the lower of cost and net reallsable value, after maklng due allowances for obsolete and
slow moving items.
1.9 1)ebtors
Trade and other debtors are reco8nSsed at the settlement amount due after any trade dlscount offered.
Prepayments are valued at the arnount prepaid net of any trade dlscounts due.
1.10 Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highty liquld Investments wlth a short maturlty
of three months or less from the date of acquisttion or openlng of the deposit or slmllar account.
1.11 Credltors and provlslons
Creditors are recognised where the charity has a present obligatlon resultln8 from a past event that wlll
probably result In the transfer of funds to a third party and the amount due to settle the obligatlon can be
measured or estlmated reliably. Credltors are nornially recognised at thelr settlement amount after
allowlng for any trade dlscounts due.
1.12 Taxatlon
The company Is exempt as It meets the defionition of a charitable company for UK Corporatlon tax
purposes.
2 Members Guarantee
The Company is a reglstered charity limited by guarantee with the liablllty of each of the current members belng
limited to £10.

-11-
The Jasmlne Trust
Notes Formlng Part Of The Flnanclal Statements
For The Year Ended 28th February 2025
3. Incomlng resourtes from actlvltles to further the charlty's objectlves
Total
2025
Total
2024
Unrestrlcted
Restrlcted
Yoga classes
Flrst Ald Tralnlng
Semlnars & Events
Teacher tralnlng
Indlvldual tultlon
Verlflers, fees
29,399
670
9,072
1,157
29,399
670
9,072
1.157
644
1,676
33,136
733
6,053
13,942
728
1,676
42,617
42,617
55,051
4. Net Incomln8 resources for the year
Thls Is ststed after chargln
2025
2024
Amortlsatlon
Depreclatlon
14,160
14,160
18
5. Staff costs and numbers
2025
2024
Gross Salaries
Penslon contrlbutlons
Soclal securlty costs
38,342
542
38,161
927
38.884
39.088
The average weekly number of employees durlng the year, calculated on the basls of
full-tlme equivalents was as follows;
2025
2024
Dlrectors
Adminlstratlon and support
Total

The Jasmlne Trust
Notes Fornilng Part Of The Flnanclal Statements
For The Year Ended 28th February 2025
6. Tangible fixed assets
FUrni￿re,
flxture5 &
equlpment
Leasehold land
and bulldlngs
Total
At l March 2024
Addltlons In year
283,213
22,717
305,930
At 28 February 2025
283,213
22.717
305,930
Depreclatlon/Amortlsatlon
At l March 2024
Charge for the year
At 28 February 2025
168,749
14,160
22,717
191,466
14,160
205.626
22,717
Net book value
At 28 February 2025
100,304
100,304
At 29 February 2024
114,464
114,464
7. Debtors
2025
2024
Sundry debtors
Prepayments
435
1,045
1,045
435
8. Credltors; amounts fallln8 due within one year
2025
2024
Taxatlon and soclal securlty
Trade credltors
Other creditors
Accruals
79
416
960
1,039
960
1,376

-1>
The Jasmlne Trust
Note5 Forniing Part Of The Flnanclal Statements
For The Year Ended 28th Febn￿ry 2025
9. Deferred Income
2025
2024
Income receSved In advance
1,142
1.142
2,500
10. Analysls of net assets between funds
General
fvnds
De51gnated Restrlrted
funds
funds
Total
funds
Tanglble assets
Current a55ets
Current Ilablllties
Net assets at 28 February 2025
100,304
100.304
24.870
(2.181)
122,993
24,870
(2,181)
22.689
100,304
11. Movements In funds
At l March
2024
Incomlng
Outgol
At 28 February
2025
Unrestrlcted funds
General funds
Restricted funds
29,126
114,464
$4,228
60.665
14,160
22,689
100,304
Total fvnds
143,590
74,825
122,993