YOGA IN DAILY UFE ASSOCIATION - UK FOR THE YEAR ENDED 31ST DECEMBER 2022 CHARITY REGISTRATXON No: 1103366 COMPANY REGISTRATION No: 4657601 Endep2ndent E¥4rn1ngrs Ltd Unfjt I Broadbddoi sIneSS Centro Delllny LDn¢ B95h4m POI8 8NF
YOGA IN DATLY LIFE ASSOCIATION - UK (A COMPANY LIMITED BY SUARANTEB} ¢or4TENTS Page 2 Legal and Admlnlstrntlve InfofftatlDn Pjgeg 3 to 6 pprt of the Dlrecto Pag• 7 Independent exnmlnvr6 raport Pw•8 Stat•munt ol Mninclal Artlvltl¢J pige 9 Balance Sh¢¢t PJgo$ 10 ¢0 15 Not•s to thé Financi•l StIt•M*n
YOGA IN DAILY LIFE ASSOCIATION - UK (A COMPANY LIMITED BY GUARANTEE) Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2022 Introductlon This report covers the activitles of Yoga in Dally Life Assoclatlon UK In the year 2022 Legal and AdmlnlstrJtlve Informatlon Yoga in Dally Llfe Assoclatlon UK Is J company Ilmlted by guarantee, no. 4657601 Reglstered as a ch)rSty no. 1103366, and governed by Its memorandum and artlcles of assoclatS0n. Detalls of Its objects are glven below. Paramhans Swaml Maheshwaranand Vladlmlr Sehnoutek Roman Sehnal AslJa Delallc Zuzana Kasparova Rl¢hard Odor JlrS Vanek 121a Dartmouth Road, London, England NW2 4ES 0207 088 8221 The Co-operatlve Bank PO Box 101, l Balloon Street Man¢he5ter M60 4EP Independent Examlners Ltd Vnlt 2, The Broadbridge Buslness Centre Delllng Lane Bosham P018 8NF
Trustee Salection Method The trustees are elected by exlstlng membershlp of the Charlty accordlng to: il Their expressed wish to serve as a Trustee ii) Thelr personal commitment and support for the objottlves of the Charity Ill) The skills and experlence they can offer as a Member of the Board Iv) Thelr financlal 5tablllty vl Thelr legèl @Ilgibility for the posltlon Cla55e5 and COue$ The core of the Charity's actlvlty contlnues to be provldlng yoga classes and courses for the General Publlc In London. 2022 began with the Charity runn5ng 12-week Course for the flrst level of Yoga in Dally Llfe's elght-level System, The Course allow Student5 to learn and prartlce a partlcular level of the Yoga In Daily LlfE Elght-level System, provide them wlth a groundlng and comprehenslve knowledge. and enable them to progress In thelr practlce. The development of these courses has been successful wlth Students progresslng through the levels. Students may choose to pro955 beyond the nrst level by regularly attending more advanced drop-ln classes. The Courses have proven partlcularty popular wlth Student5 who wlsh to develop thelr knowledge and skllls as yoga practltloners. The "casual" (drop-in, no booking needed} classes open to the General Public, have been popular wlth beglnners and Students who wlsh to have an opportunity to "try-out" yoga practlce before commlttlng to an extended perlod of study or who are not able to commlt to the regular format of the Courses. 2022 began wlth a total of nlne te)chers actlvèly teachlng Yoga In Dally Llfe In London as part of the Charlty's regular a¢tlvltles. Thelr backgrounds reflect the International nature of the Charfty's Membershlp for the benefit of the wlder public wlth teachers comlng from the UK, Canada, Croatla, Uthuanla, Czech Republlc and Hungary. Contlnulng from the COVLD 19 pandamlc we have also kept open our drlp-ln classes vla Zoom, the onlln8 Streamlng platform as we had been dolng In 2020 and 2021 durlng the COVID lockdown5, for the people who stlll don't feel comfortable comlng to the yoga centre for the In-person elassos. Throughout the 2022 we were also helplng some of our Students to cope wlth post-covld 19 symptoms through Yoga In Dally Llfe System breathlng and medltatlon technlques as well as regular yoga practlce. Unft>rtunately, we experSenced a drastlc reductlon In the number of students both wlllSng to pay for onllne yoga classes, and those comfortable to attend In person, so our revenues dropped slgnlflcantly. In September 2021, the lease for our premlses explred the landlord conflmied they would not renew the lease because they wanted to renovate the premlses and let to a commercSal bu51ne55 on far hlgher rent than we could afford. Therefore, we moved to a sm?Iler premlses as of l October 2021 whlch wes c105e to the old centre, 50 our regular students We Still able to attend. Unfortunatelyi in September 2022 after a year these premise5, we didn't manage to negotlate with the landlord to extend the lease of the premlses under agreeable condltlon5. thus we had to move out, searching for altemative arrangements. sIn November 2022 we are runnlng twlce a week drop-ln classes lone beglnner and one advanced) In the local school hall very c105e to the orfginal yoga centre keeping most of the regular students, other programmes Satsangs arÈ held regularly on Sunday evenlngs. prlmarlly for members of the Charlty but everyone Is welcome. These a soclal occasions of spiritual nourishment, which Include sharfng a meal; singing songs of spiritual guidance and tea¢hlng; readlng5 from yogic and other Inspirational scriptures; prayer5. announcements of Charlty issues and upcoming events; video lectures; and group meditation. We are able to contlnue Satsang at varlou5 locatlons every week, whlch is an Integral part of the splrltual side of the Pract1 for many members.
statement on Publlc Benefit The trustees are aware of and have acted with regard to current guidance Issued by the Charfty Commlssion on publlc beneflt. The Trustees, who are also company directors for the purposes of the Companies Act, hereby submlt thelr annual report and the flnancial statements of Yoga In Daily Llfe Assoclatlon UK for the year 2022. The Trustèes conflrm that the annual report and flnandal statement5 91 the Charlty comply wlth the current UK statutory requirements, the requlrements of the Charfty's governlng document (the Memorandum and the Artlcles of Assoclatlon), and the provlslon5 of the Statement of Recommended Practice; Accounting and Reportlng by Charltles preparlng thelr accounts in accordance wlth the Flnanclal Reporting Standard appllcable In the UK and Republi¢ of Ireland (FRS 1021 issued on 16 July 2014. Board of Trustees The Trustees meet regularly to dls¢uss, and de¢lde by vote, matters relatlng to the Charlty's artivitles includlng but not limlted to teacher tralnlng and co-ordlnation, publlclty, management and malntenance of the premlses and organlslng events. The Trustee5' meetlngs are open to all Members, Members In attendonce can ralse any matters relatlng to the Charity's actlvStle5. Stafl/Voluntee All Trustees. teathers and other volunteers contlnue to work for the Charlty wlthout any renumeratlon. Any fees recelved by teacher5 for external sesslons are donated In full to the Charlty account. Funds held 8S Custodlan trustee on behallofothers None Ch4rlty Objeetlves To advjnce publlc educatlon In the clas$lcal teachlngs of the sclence and phllosophy of yoga In the Unlted Klngdom and Internatlonally, based upon the prlnclples of the hlghest stsndards of personal conduct and selfless sÈrvi¢e to others. In thls pursult, the Charlty follows the Interpretations and teachlngs of Ihe system Yoga In Dally Llfe as authorSsed by Vlshwaguru Mahamandaleshwar Paramhans Swaml Maheshwarananda In Ilne wlth the yoga prfnclples of Bhagwan Sri Dlp Narayan Mahaprabhujl of RaJ45than, fndla. 11. To promote and advance for the publlc beneflt the sludy and prartlce of and research Into the therapeutlc effects of yoga as a means of Improvlng the mental, physlcal, soclal and spiritual health of the tommLtnltyi in the United Klngdom and Intematlonally and to public the useful results of any such research; 111. To provldÈ lIef for people In povertyl slckne55, dlsabllltyi destitutlon and other need In the United Klngdom and InternatSonally' Iv. To promote human rlghts by ralsing awareness and eultlvatlng publlc sentlment In favour of human rlghts In the Unlted Kingdom and internationally. The above objectlves are a¢hleved vla teaching of classes, semlnars and other 5peclal events. ès evldenced by the number of long-standlng students attendlng the classes who can attest to the beneflclal Impact their practlce ha5 had on thelr mentali physlcal, sodal and spiritual health. The charlty Is commltted to pmvldlng yoga to all who wlsh to practlce It, and to thls end students who arE unable to pay are Èncouraged to attend classes or workshops for fe - In 2022, 4 students In financlal need h4ve been asslsted Inélvldually In thls way. Summary of maln achlevements of the charlty In a world full of confllrt, divislon and envlronmental challenges, It Is our deslre and objectlve to help lessen the sufferlng of as many living belngs as posslble. We cary out thls objectlve through the teachings of the aforementloned author of the system Yoga In Daily Llfe. All our yoga elasses and events are carrled out with these objettivqs In mind and if we can help citizens in the UK lead happier.
healthier lives wlth less connict and dlvSslon In thelr own lives, then we've gone some way to furthering the objectlves of our Intematlonal Fellowshlp. TherèforÈ. tsur beneflclarles are slmply all those who COMÈ Into contart with the authentlc practlce of yoga and can weave thls practlce Into thelr dally Ilves where It may help with their health, sense of wellbelng, Interpersonal relatlonshlps at home and at work, and fom some to serve a5 a structure for their own spiritual practlce. Yoga Is commonly available to UK citizens through many commerclal yoga centffts around the country. However, the prollt motlve of most yoga centres has meant that thls practice is out of reach flnanclally ror many people who would otheiSe benefit. The fact that we are a charity run @ntlr@ly by unpaid volunteers means that we can make thls va5uable resource avallable to those who cannot afford to attend yoga classes In most other centres. Our monthly Standlng Order membershlp allows Students to attend classes more often at very afftirdable rates. It has olso meant th4t attendance for Cla55es and Courses 55 hlgher In numbers. This system has glven the optlons for Students on low Income5 to be able to afford attendlng more classes and therèfore maintain a regular yoga prartice. The Charity believes the Implementatlon of thls system to be a posltlve contrlbutlon to the communlty provldlng affordable ¢lasge5 for all. A smaller number of students take advantage of the dlscounted "Ten Class Pass" whlch Is used by those whose personal circumstances mean their attendanee is more 5poradlc. Revlew of the charltys r7nanclal posltlon at the end of the perlod The charlty made a surplus of É10,443 In 2022, coMpad to a surplus of £22,786 In 2021. The Trustees are of the oplnlon that the charlty Is nnandally vSable and can continue to meet Its Ilabllltles when they fall due. Charlty s prlnclpal sources of funds l. Revenue5 from runnlng yoga classes, courses and speclal events 2. Donatlons from members and the general publ1¢ Reserve5 poIIcy The charlty hold5 cash reserves for the speclflc purpose ol accumulatlon funds for the use as a deposlt for the purchase of our own premise5. At the end of 2022, there was £38,561.23 belng held In reserve In a separate bank account deslgnated for thls purpose. The trustees have declded that It's preferable to try and own our own premlses whlch slll glve us rnore control over the runnlng costs, Therefore, we now operate a separate bank account where we re1ve donatSons from members for thls purpose. It Is not known at thls tlme when we wlll be In a posltlon to purchase a new premlses. Golng concem As tnentioned above, the lease on our rented prem15es have explred 30 September 2022. As we were unable to negotlate a renewal of the lease, we found another sultable premlses where we continue to run yoga classes and Satsangs ft)r the members and general publlc from NovEmber 2022 onwards and searching for more possible locations to hire for yoga cla55e5 In London or Indeed succeed Sn purchaslng our own premlses. In January 2023 beginners. yoga Classes were opened at new London location In Colindale at the local Library.
Statom•nt ofDlractor s rè$pon-h1lltles.' The Charltles Act and the Companles Art requlre the Board of Trustees to prepare flnanclal statements for each financlal year whlch glve a true and fair vlew of the state of affalrs of the charity at th8 end of the flnanclal year and of the surplus of deflclt of the charlty, In preparlng those flnandal ststement the Board is requlred to: Selert sultable accounting pollcles and then apply thern conslstentlyi Make Judgments and estimates that are reasonable and prudent,. and Prepare the flnan¢Sal statement on the going concern bas1$ unless It Is Inapproprlate to presume that the charity wlll contlnue in business. state whether appllcable attounting standards and statement of recommended prartlc@ have been followed, subject to any materlal departure5 d15c105ed and explalned In the financial statement; The trustaes are also responslble for malntalnlng adequate accountlng record5 whlch dlsclose wlth asonablÈ accuracy at any tlme the flnanclal position of the charlty and whlch are sufficlent to show and explaln the charlty's tran5actlons and enable them to ensure that the flnanclal statements comply with the Companie5 Act 2006 and comply wlth regLtlètions made under the Charltles Act, They are also responslble for safeguardlng the a55ets of the charlty and hence for taklng reasonable steps for the prevention and éetection of fraud and other Irregularltles. The trustees ere also responslble for the content5 of the trustee's report, and the responslblllty of the Independent examlner in relatlon trj the trustee's report Is Ilmlted to examlnlng the report and ensurlng that, on the face of the report, there are no Inconslsteneles with the figures dls¢losed in the flnanelal statements. These attounts have been prepared In accordance wlth the provlslons appllcable to companles subjett to the small companle5' reglrne. I approve the attached staternent of flnan¢l•l actlvltles and balance sheet for the year ended 31 December 2022, and conflrm that I have made avallable all Informatlon necessary for Its preparatlon. Slgned on behalf of the board:. PRINT NAME.. ZuzAnJ4
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNT5 I repDrt to the tnJ5tee5 on my examlnauon of the aoUnts of the above for the year ended 31 Decetnber 2022. As tho charlty'5 trustees (who are a159 tho dlrettors of the CoMpY fLY the purposes of comwny law14 YOU ire responslt4e for the prerat1)n of the &ctounts In 4£cDrdance wlth the requlTqm8nts of the Chart1¢5 Act 2011 fthe Artl. RMponlblllll•s Bnd bll•ls of report I repurt In respect oe my examIn4On of the Charfty's actourtts carrfed out under sectlon 14S of IhE 2011 Act In ¢arrylng Out my examination, I hjve followed ill the opr¢able DlreLtlons glven by the Chailty CtynMiso under $ertlon 14515llbl ol tlw ACL Independent ox•rnln•r' tsEatsment I have completed my examlnatlon. I conflrm that tho matertal rnoiters hjve coma to my attentlon In connettion wlth the txamlnatlDn whlth glves me cous• to belltvé that In. any m)terlal respett.. th• rLeounting retords Yloro not kept In accordane• wlth **cMcTh L3U of the ChJdtlg1 Art. or the accounts dld not accord wlth the accountlno r¥tord5', or Ihè accounts dld not comply wlth the appllcabk requlrèments concern9 the form and conterst of CCOUDt6 let out In the Charltle5 (Accounts Ind Reports) Regulatlons 2008 other than 4nv requlrement thit the accounts glve è'true gnd VIÈW whlch Is ntst • matter consldered as part ol an IndewndoTht examlnatlon. I have no concarns and b•ve c¢m• aeromt nD Other matterA ID conThertlon wlth the oxèmlniom t4 whlth •ttentlon should bé drown In th1¥ repDrt In order to enable a propar Unt10rsrtdJn9 ol tho accounts to be SlgnEd Name K Gomes MAAT FcIe 24.7.23 Indopondtrtt Exbmlnern Ltd Unlt 2 The Broadbrfdge BuBlne$8 Centrn D•llln9 Lan• BoBham P018 SNF
YOGA IN DAILY UFE A5$[ATION - UK (A COMPANY UNITED BY GUARANTEÈ) STATEMENY OF FINANCIAL AcThmE$ POR THE YEAR ÉNDED 31 DECEMBER 2022 unr¢5trlctEd Restrfcted Fund5 Funds TOTAL zozz TOTAL 2Q21 Note¥ XNCOME AND ENDQWMENTS FROM: Donations Ind Leo)cle$ 7,727 38,3S2 Charftabie Athvltl4$ Zb 20,774 20,774 21,118 er 2c TOTAL tXPQNDITURE ONI Ral¥lng Fund& 190 190 71 Charltat4é Actfvf(I 3ty 17,867 17,867 36,613 TOTAL 57 NET INCOMB/(EXPINDrnIRBI 5,5119 4.A44 io.MJ 2&787 Transforl b•iweon funds NET MoveMÈNT Iri PUN0¥ 5,599 4,144 22,7•7 A•conclll4tlon of lund•i Total Fundo 8rouiht Forw4rd 35,889 33,717 69,606 46,820 TOTAL FUN CARRZED FORWARD Movvments on all re4•r¥•B and 411 recogn1d g4lhS Jnd Jr• ihown 4bove. All of th• ory•nlsatlon'4 operntlons are cl4s$ed as contlnulrtg. Th¢ notes on pages 10 to IS form part of th•x ffnaKlol ststèmints.
YOIIA IN DAILY LIFE ASSOCIATIOPI- UK {A COMPANY UMITED BY GUARANTEE) BA¢ $HÈeT AS AT 31 DECEMBER 2022 Comp•hy number. 4657601 Unrestrktsd Restrfcted JI-D12 31-Dgc-21 Funds Funds Total Flxed Ass• Tinglble a554ts Current stodcs 04btorslPrwp•ym8nia Cash at bank and In hand Total Currnnt AIMt• 3,3?2 3,372 3,372 38,561 CMdltorB: am¢un¢¥ fll due vAthln one year 2,992 2,992 930 14eT CURRENT ASSETS 41,488 38.561 80.049 69,6D6 TOTAL AsseT$1•s8 IlabWM 41,480 38,S61 80.04• 69,606 Nrr AssErs 41 488 3• $61 FdI #f th• Cfvrlty G•n¢ral Fuods Re61r4cted Furd% 41,488 41,488 3B.561 35,989 33,717 38,S61 Totlll Fund• For the ilnandbl ywr endlhg 31 D¢c¢rnber 22 charfty wa$ entitled to ememptlon from itsdlt under sectlon 477 of the Companle$ Act 2006 relating t4 srnbll cornpanles. Dlr•ttoM' v••pom•lbllltl••i Tho mombors hav¢ not requlrd th• thorlty to cbtaln an audlt of its accounts for th• y•ar In qutsttcffj In ccordance wlth 5ectlon 476. Ind The directors acknowledge their r¢$ponÈibilltlos for cornplylng w1th the r¢qulrements ot th• Att wlth respect to Dxountlng reurés Bnd the preparntlon ¢1 ittDunt5. These flnanclJl statpments hove been prepared In Jccordantt wlth th¢ ipe¢lo1 provlBlons relatlng to companles subJ•tt to the Bmall componles reglma wlthln Part IS olthe CompJnle5 Act 20D6, The finthndal st8t*n•nt8 OA paoÈs 8 to IS were approved by the truit¢¢s, 4Uthorls•d lor Issue . Sloned on thdr behalf by Pit0: Jo/¥123 PRINT NAME..
YOGA IN DAZLY LIFÈ ASSOCfAYION- UK {A mPANy LIMITh0 MY fjUAHANTQE) rioTES TO THE FINANCIAL STATf MFNTS POR THe YEAR It40ID 31 DICRMMER 2022 I. ACCOUNTfNG POLICIÈS bas15 of preparatlon: The attount5 have been prepared In accordance wlth the provtslon$ In Part 15 of the eDmpanles Art 2006 appllcable to CopanIeS 5ubJeLt lo the 5rnall companle5 reglrn¢ ind In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK a1 Republlc of Ireland IFRS1021 (Èfftctlve l January 20151 (chart¢$ SORP IFRS10211. Advantagp hgs béen t4kEn of SQttitsn 396151 of The Companles Act 2006 to allow the fomiat of the flnanclDI statEments to be adaptÈd to rone¢t the spe¢lal nature of the charlty's oper4tlon 4nd In order to comply wh the regulrernents of the SQRP. The chorltobl¢ c¢rnpBny h35 taken advantage ol th• eyqmptlon In nInlI RepotWNJ SthndÈrd No I from the requlrement to produce a cèsh flow stètement. Yoga In Dally Life As¥orl)tlon - UK meet5 the dellnltlon ¢1 a publlc beneflt èntity nder FRSIQI. and Ilabllltle5 are Initlolly r8eognlJqd at h1storfcal c05t unless ¢th¢rwl$4 stated In thé relevant atcountino p¢llty notès. Pr•parallon o14ecountg on a golng concern b••l• Preparatlon of tht accounts Is on a golng concprn bJ518. The Trusteeg bre of tha vl•w that thè level ol reserves wlll ¥upport the chwliy oolnc forward. Thé chèrfty h•$ opted to uso the t)&turil cl•slfftadDn ol cateqorle5 In Its •¢eounts. hango8 ts •¢Muhtlng ••tlm•tB No changes ts attountlny e5tlmate5 h•vt •ecurred In the ieportlng pÈrtod Mllt•rlal prlor p•rlod •rror• No matertal prior •r •rrDr hav• been Identmfyd In tho repurtlry perlod Som• It¢m$ of •xpqndltur• ve b•en roclè$¥lffed Irorn the prevlous reportlno p•rfod to cr•4te gr•Bttr tlbrfty Overa# flgure5 h•v• not b••n Nltated, Th• partlcular 4ttountlNp polkle5 adopted ur• set out bolow. rncom• Recoortitstsn of Income Th¢se art Included In the Stjtpmgnt of Nnanclal Acilvlmes {SOFAI when.. the chBrlty bgcome$ entllled to the Incom•', It Is morè15kely than not that the trustees wlll rece8 tha r8sourti' and tha MonetBry ¥olue cDn be MSured wlth 5ufflclEnt rellablllty. Off5ettlng There has ben no offsettin9 of as and Ill1]•14 or Incomo and expensEy, unless requlred u purmltte by the FR5 IQ2 SORP or FRS 102. Grants and Di)natlons Grants donations arn only InclL¥ded In the SOFA when the genEral Income rocognluon ct1terla Ère mat 15,10 tts 5.12 FRS 102 SORPI. Grants ond Donotlon5 Grants arnd dun4tloD$ qre c1¥ IndJed In SOFA when the genoral In¢om• recoanltior £rft¢ria 3r¥ wrnt 15.10 to 5.12 FKS 102 SORPI. Government GT4nt5 Thp charfty h85 recelved govemrntnt yrants durlng thls flnaTrdal year In the lorm olcovld iupport grants. vluntEer Help Thtr value ol any volunt)ry Wp rEcelvEd 15 ryjt Includqd In the ¥¢£ounts but Is de¥¢rtbtd In the Dlrertors, nnual report Incorne from Interesti royaltles and 118ndS Th15 Is Indudgd In the aceounrs when rÈcelpt Is pfDbatrAe the amount r?1¥able can b¢ MSured io
YOGA IN DAILY UFE A550CIATION- UK (A COMPANY LXMITED BY GUARANTEEI IIOTES TO THE FINAIICIAL STATEMENTS (contlnu¢d} FOR ThE YEAR ENDED 31 0EeEMbER 2022 In¢ome Trom mambÈr5hlp subscrlptlon$ Membershlp 5ubsutbns recelved In th4 nature of a olft art recagnlsod In DonatyoTrs Jnd Leoade5. meM[shIP 5ub5crJptlon5 whlch glve$ o member th¢ rl9hf to buy servlces or other benefits are recogntsed ès Income earned from thè provlslon d 9ood8 and sÈrvlrys as IncDm¢ from charitabl¢ athvIe$. EXpen¢ltU •nd Ilèbllltlis Uablllty reco9nlUon Uabllltles ère recognlsed whqrq It Is more Ilkely than nrt that there 1$ a legal or (onstrvctlve Qbllyadorb commlttlng the charlty to pay Dut rOUr and the amount of the obllgatyon can b• measured wl¢h rasonable certèlnty. Govermnce Costs Support cts have been aMocatEd between 9o¥ern•nce costs ènd other 6upptsrt. Govemafflcfj coyt5 comprfse all costs Involving pu1¢ accoUntalIty of thE charfty and It ttsmplthn wlth rejujatson jnd gDod prartlce. Legal $tètu$ ol tht eharfty The charfty 1$ è company Ilmltsd by gNrnnte and h•$ no ghor& cnpltDI. In th• •v•rst of tlts thJrSty belno wound Upi the Il•blllly In resptd of thi quaraTht¢e 1$ Ilmlted to El per member of the charlty. Stsck$ 8nd work In progress Stocks held f¢r sale as part of n¢n.ch•rhblo trade are me4sured at the low•ror ¢o$t or r•alluble v<s•. Tanglbl• flxed assets for usè by the Charlty.. Tho$• are upltttl•d 11 they c•n b• 8•d for morè than onq year, and t05t Jt le•st £500. They are v4lu•d ot ¢o¥t or,11gif(ed, al the Val to th• ch•rfty on re•lpt. •pr•rl•tlon IB calculated Èr • r•1• tD wrlto off th• cost of t4nglbl nxed a•¥ets ovir thelr q*lmated Ely1 Ilve5. The estlmated useful Ilvislrates Jppll¢d •r• as follows,. Computer and Èlectronlc qqulpm•nt Over4 y¢4rs Furnllure znd equlpmént Ovoi 10 yellrs 2. ZNCOMt Af40 EPIPQWMEN7S FROM: Unrutrfctad Aestrlcted Fund5 Fund TOTAL 2012 TOYAL 2021 •) Don•tlan• •hd L•9icI•• Donotloni 6DVernrnt Grnnts 2,883 4,844 7,727 13,OS6 25,286 bl ChJrlt•ble Artlvltl•• Membofs Subsolpfjorts Retrezts and Semlnars Yoga &55?5 and Pro9r•mrnEs 1.075 3.846 IS,853 1,075 3,846 15,853 1,09Q 1,025 19.rx13 li
YOGA IN DAILY LIP ASSOCIATION- UK {A COMPANY UMITED by QUARANTEEI NOTES TO THE PINANeZaL SYATEMENTS l¢onUnud) FOR THR YEAR ENDED 31 DECEMBER 2022 2. INCOME AND EIIDOWP4RNTS FRO14: Unrestrlttad Resirtrted Funds Funds TOTAL 2022 TOTAL 2021 r) Oth•r sundry and Mlscell4noou5 3. EXPENDITURI ONI Note Unrastrlcted Re5tr1cied TOTAL Funds Funds 2022 TQTAL 2021 •) R•l•lni Funds AOvertLflng •nd Prarnotron 190 190 71 bl Ch•rlt•bl• Adlvltl•• Admlnl•tr4tlon Co•ti: Offlce Expqll5 Bnd Admlnll8tr•tlon Prlntlng1 Postag4. Statloneryi T•l•phone, fnterrt Refunds and Relrnburn•nts Seminar faes Trovel expeTrses 375 375 466 Lil 475 4,889 180 4,p89 Indopandent Examlner's Fe88 LIcaThc 4nd Sub•crlptlong: MeMrshIP ind Sub•crfpdoni YIPL Llcence Pr•ml•• Coltsi Insuran¢4 Molnt8nince and Equlpment Rent and Councll T4x Rates 1,729 1,729 930 5,693 5,693 1,945 1,365 173 27,000 4,614 207 3,857 471 207 3,857 471 Ix
YOGA XN OAtLY LIFE ASSOCIATION- UK (A COMPANY LIMITID BY £UAUMTEe) NOTES TO THE FINANCIAL STATEMENTS I¢ontlhu) FOR THE YeAR eNDED 31 DÈ¢EMbER 2022 4. TANGIOLE FIXED A55Ers Compvter & Fumlture & TOTAL Elertronl¢ Equlprnent Cost Addltlons D15posals C05t at 01-Jin-22 3,993 3,993 31-Doc.22 01-Jan-12 3,993 3,993 Charye Dépreclatlon at 993 Net Book Valts• Net Book Value 3l-Dec-22 31-Dec.21 The annual coMltments under non-uncelllw op•ratlng l••sea and uplt41 commitmenti èrt as ediowg., Prem16us loase At 31112122 AmDunt wyible for ye•r to 31 Decemb•r 2023 P¢F¢)•r¢om rent I0Y If deMalÈdI 15. #TOCI( A 8tock take was conducted at the end of the prevloui nrnonclal yr 131 December 20201, Ind In Icordanu wlth UK accovntlng 5tnndard6, tho stock wJs valued at th? *wtr ¢1 cost net reallsjb ¥4hJ•. Qpenln9 Stock It I 14nu4ry 201Z Pur¢hage$ ye•r to 21 De¢emb¢r 2021 Donated stoek for resÈl• 2021 Clvslng •t 31 D¢¢¢mb¢r 2Q22 £3,372.87 E3,372.87 ThEre was no movernent on stod¢ hald durlng th15 nnancljl y•ar. 13
YOGA IN DAILY LZFE ASSOCIATION- UK (A COMPANY LIMITED BY QUARANTEE) NOTES TO THE PINANCIAL STATEMENTS IconElnued) FOR THI VfAR HNLIELI 31 DE¢FMNER IV22 . DEBTORS aND PIIEPAYMENTS Unrestrfctgd Rlstrlrted Fund Tot41 Tot•1 31-D•c.12 >X-Dq¢-11 Prepayments 7. CASH AT BANK AND IN HAND UTwestrlCd Re¥trlrted Fund Fund Tot41 Total 51-D•C-2Z 31-D•¢-11 Cloarfno Accourtt Current Aecount Drjnatlon Account Petty Cash 1,090 32,357 33,717 41,108 41,108 38,561 38,S61 66 CREDITORS AND ACCRUALg1 AMOUNTS PALUNfj DUE WITHIN ONE YeAR Unr4strl¢ted Aeatrfct•d Fund Fund Tot•1 Total Jl-D•¢.12 jI-D-z1 Tr•d¢ Cr¢thttys A¢uuol8 1,972 I,ozo 1,972 1,020 930 &30 •. RisrRicfED PUP4DS Th1$ Exp¢rndltwrq Tr4nsfers Out BinCe 01-IEn-22 Tr•n5fers In Incorne Bèlonc• 31-DèG-22 New Pre15 fund 33,717 4,844 3B,561 Boknco Tran5Tors 01-kn-2L In Incorne Expernélture Transfers Ot Balance 31.Dec.21 New premlsts fund 22,982 10,735 33,717 The New Premlses Fund Is for peDWe to donat¢ towards $avlng for n¢w tharfty premlses. The rostrftted Is Y4holly represented by G*%h reserves held In the savlng$ bank attount, 14
YOGA IN DAILY UFE ASSOCIAT1014 - UK (A COMPANY UMITED BY GUARANTEE) NOTPS TO THI FINANCIAL STATEMEI4T5 {rontlnued) FOR THE YEAR RNDED 31 DE¢EMNER 21111 10. A14ALYSJS OF STAFF COSTS, TRIJSTRE REMVNERATIOM AND EXPENSES AND THE COST OF KEY MANAGeMENT peRSONNEL The tharlty ernployed staff durlno thls or the prevlous flnanchl yeèr. 11. DfRÉcfoRS ANO OTHER RELATED PARTIES Na payments we¥8 mad6 to dlrertors or any persons confflect£d wlth them durlng thls AancIal perfod. ND rnaterlal tr6n5artion took pljce btheen the •rganlSa¢n and a dlrertor or any person cornnectEd wlth them. Durlnq the nnanclnl year. volunteers w•re r8lmbursed fvr Iteffls puthè$•d cn beh•lf of th• cha¥y. 12. RX5K ASSESSMEWT The dlrectors advely revlew the rniJor rlsks whlth the chzrfty f3¢e$ on a reoulèr b•sls and bellivtt that malntalnln9 the free reserve8 Statelj, comblned wlth th¢ annual the control$ over key nnéTrcl•l 8Y5tem8 cèrrled out on an annual bas15 wlll provldo ¥ufflc5ent re$ouiee5 In the event of adverse eondltlons. Yhe dlrectors have a190 exarnlned other oper8tlonèl and buslness rlgkg whlch théy face and conflrm that thy have ?stll¥hqd system$ to mltlgate the $1gnincart rks, Further dètsll 18 provlded In the DlrecWB nual Re00rt. 13. RE$ER¥ES POLICY The dlr•ctor$ hèvi con51dered th¢ le¥81 of reseNes ¢h•y wlsh to ret45n, approprfats to tho charlty's n*•ds. Th1$ IS bJEed on the charty'j slz• and the Ilvel or financ1 comm1tments tt•ld. Tho dlrertor5 11rn t• en¥ura the chorfty Wlll b¢ •bl¢ tc contlnue to fulfll Its chorftible oblecyves even It there l¥ • temporary 5hgrt1•ll In In¢omi or unexperttd thxptndlture. Th¢ dlr•ctors wiii endtavcur n¢t to Set a55de funds unnecessarfly. rh ollty li dqscrlbed In mor• detall In the dlr•rtgrs report. 14. PUBLIC BENEPIT The charlty Jcknowledges Its requllement to demonstrate cltbrfy that It rnU5¢ hpvt ¢harStablè purp05e5 or 'alffl that )r• for the publlc bonoflt. Oetalls ol how the ch4dty hag a¢hlevtd thls ar• provlded In the dlreLtor5 report. Th• dlrectors eonflrm th•t they ga141 due regard to rh• Charfty Cunmlsslon guldonc• on publlc benent beforq dtcldlng what •edvJtles ihe ¢h#rfty should undertokn. IS. EVENTS AFfER ThP END OF THE REPORTING peRfOD Theré artr •v•nti that requlre d16É1osur•. 15