Charlty Registered No's 1115370 SC041991 PATANJALI YOG PEETH (UK) TRUST Trustees Report and Unaudited Accounts 31 March 2024 PATANJALI YOG PEETH (UK) TRUST Report and accounts Contents Pagè Legal and admlnlstralive Information Trustees, Report Slatem8nl of Trustees, responsibilities Independent Examiner5 Report Statement of flnanclal activllies Balance sheet Notes lo the accounts 8- 11 PATANJALI YOG PEETH {UK) TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Swami Ramdev Maharaj Acharya Balkrishna Sunita Poddar Charlty Number8 1115370 SC041991 Prlnclpal Address 40 Lambhill Street Kinning Park G18ssgow G41 1AU Independent Examlner DMH Accountancy Ltd 199 Clark5ton Road Glasgow G44 38S PATANJALI YOG PEETH (UK) TRUST TRUSTEES. REPORT The Trustees present their report and accounts for the year ended 31 March 2024. STRUCTURE, GOVERNANCE AND MANAGEMENT Constltutlon Patanjali Yog Peeth {UK) Trust IPYPT) is constituted as a charllable trust registered with the Charity Commission under charity number 1115370.11 is governed by a deed of trust and conslitules an unlncorporaled charity. Appolntment of Trustees The management of the charity Is thè responsibllity of the Trustees who are elected and co- opted under the tems ofthè Trust Deed. The Trustees who served durlng the year were.. Swami Ramdev Maharaj Acharya Bal Krishna Sunila Poddar l employees of the Trust, are subject to a Criminal Record Bureau (CRB} ¢heck In England and a Prolectlng Vulnerable Groups {PVG) check In Scotland. Organ18atlonal structurè and declslon rnaklng Sunila Poddar is the maln Trustee in the UK as the other Trustees are based In India. She oversees UK operations for the benefit of the Tru51. The Trustees arè responslbl8 for Ihe general control and management of the charlty. The TrLtste8$ glve th6lr Ilme fr&ely and raceive no ￿MUneratIon or financial benefits. To asslst In the smooth running of the charity the Trustees have set up a number of sub committees that help them oversee certaSn aspects of the charitys work. Sub committees are currently set up to coordinate the running of free Yog class8S throughout the UK and promote the recrultment of Yog teachers. R15k management The Trustees have assessed the major risks lo which the charlty Is exposed, In particular those related to the operations and finances of the charity, and are salisfled that sy5tem5 and procedures are In place to mitigate exposure to the major risks. OBJECTIVES AND ACTIVITIES Pollcles and obJectlvo8 The charfty's objectives are the preservation and protection of health and relief of mental and physical illness by the promotlon and development of the anclent Indian sciences of Ayurveda and Pranayama Yoga and by supporting the aims and work of the Palanjali Yog Peelh Icharily registered in India} in order to further the foregolng and such other objectives that are charitable under the law of England and Wales. The Trustees hgve paid due regard lo guidance issued by the Charity Commission in deciding what activitiès the charity should undertake. Activlties for achlevlng obJectlve8 During the year, the charity provided many Yog classes around the UK and held Yog teacher training camps and workshops for keen supporters. PATANJALI YOG PEETH (UK) TRUST TRUSTEES. REPORT ACHIEVEMENTS AND PERFORMANCE Review of activities The TTUSt's1s wnning over 200 free Yoga classes per week, and are contlnuing lo run onllne classes, which have become more popular over the past few years. This allows us to reach a wider audience and introduce the many benefits of Yoga and promote a healthier lifestyle. We are introducing heallh-related workshops and awareness Sessions throughout the UK, which we hope wlll educate, inform and engage our participants in various aspects of health and wellness. The Trust held another successful 9th International Yoga Day on 21 st Jun 2023 Ihroughout the UK by holding over 300 Yoga Classes over a span of 2 weeks. Evenls were held in Glasgow. London, Mldlands and the North of England. Acharya Balkrishna also visited the UK wlth of our esteemed Yoga Teachers from Haridwar, PYPT with the support of our Members and Teachers . PYPT were able to organise a Yoga tour, with events taking place throughout the UK from London to Glasgow. Some of Ihe events were televised. Acharya Balkrishna also gifted sets of hls Herbal Encyclopaedlas to the Royal Botanical Gardens In Edinburgh and also the Royal Botanic Gardens In Kew Gardens London. All volumes wlll be accessible in the respective libraries. We continued lo provide AYT Level 1 trainlng for anyone wlshlng to embark of their Yoga leachlng journey. Flnanclal revlew Incoming resources for the year were £61,515 {2023 - £43,682). Exp8ndilure for the year was £40,15512022- £70,578) whlch has led to a surplus of £21.360 {2023 deficit - £26,896}. Reserves pollcy It Is the policy of the charity that unreslricled funds which have not been designated for a specific Use Should be maintained al a level equivalent lo be￿een three and six month's expenditure. The Trustees consider that reserves al this level will ensure that, in the event of a slgnificant drop in funding. they will be able lo conlinve the charity's current 8clivities while conslderation is given lo ways in which additional funds may be raised. This level of reserves has been malntained or exceeded throughout th8 year. PLANS FOR FUTURE PERIODS The Trust is finding the running costs of Llttle Cumbrae Island challenglng and are looking to 8ppIy for available funding lo help develop and support the island's development. PYPT is also continuing it's campaign to introduce Yoga to school children. Sunita Poddar Trustee Dated.. 1611212024 PATANJALI YOG PEETH IUK) TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees present their report and accounts for the year ended 31 March 2024. The charity Iru$lees are responsible for preparing an annual report and financial slaloments in accordance with applicable law and United Kingdom Accounting Standard5 {Uni18d Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charitie5 in England arid Wales requires the charity Iruslees lo prepare financial statements for each year which give a true and lair view of the slate of affair5 of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the fin8ncial slalemenls. the trustees are required lo.. select suitable accounting policies and thon apply them consistently., observe the methods and principles in the Charities SORP., make judgements and eslimales that are raasonable and prudent., slate whether applicable accounting standards have been followed, Sublecl to any rnalerial departures disclosed and explained in the financial slalemenls.. prepare the financial slalements on the going concern basis unless it is inappiopriale to presume that the charity will continuo in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any lime the financial position of the charity and lo enable them to ensure that the financial 51alernen15 comply with the Charitie5 Act 2011, the Charity (Accounts and Reportsl Regulation5 2008 , the Charities Accounts Iscollandl Regualions 2006. the Charities Trustee and Investment (Scotlandl Act 2005, the SORP for Charities preparing accounts under FRS102 and the provisions of the trust deed. They are also responsible for safeguarding the assets of th8 charity and hence taking reasonable steps for the pr8venlion and detection of fraud and other irregularities The Trustees are responsible for the maintenance and integrity of the corporate and financial infomialion included on the charity'5 website. Legislation in the United Kingdom governing the preparation and dissèmination of financial slatemonts may differ from legislation in other jurisdictions. Public Benefrt Slalemenl The Trustees confirm that they have complied with their duty lo have due regard to the guidance on public benefit published by the Chalily Commission in exorcising their poweis and duties. PATANJALI YOG PEETH (UK) TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PATANJALI YOG PEETH (UK) TRUST I report on the accounts of the Trust fof the year endgd 31 March 2024, which are Sel out on pages 7 lo 14. Rospectlvo rosponslbllltlos of Irust•8s and 8xamln8r The chhrfty's Iru51ees are responsible for the preparation of the accounts. The charfty's trus18•8 consld•r th81 an audll Is not requlred for thi5 year Ltnder sectlon 144121 of the Charities Acl 2011 Ilho 2011 Act) or untler Regulallon 1011llal to Icl ol the Charllles Accounts IS¢ollandl ReyulalSon5 2006 Ilhe 2006 Regulallonsl and Ihal an IndgP8nd&nl ex8minalion15 needed. The charlly15 preparing Bccrued accounls and l am qualified to undertake the examination by belng a qualified mamber ol tho Chartergd Inslllule ol Managernenl AccounlanlB. 11 58 my respon8lblllty lo.. trxarnlne the accounls under section 145 01 the Charltles Act 2011 and und8r sectlon 4411llcl ol the Chaiilles and Truslee Investment (Scollandl Act 2005 Ithe 2005 Acll lo follow the procedures lald down In the general Dlreclion5 given by the Chafity Cornm15slon under Bocllon 1451Sllbl ol the 2011 Act lo slate whelher partlcul8r mall8r8 hav& come lo my attenllon Ball4 ol Ind•p•nd•nt •x•mln•r'i rnport My eyarnlnallon was carrted out In accordance wllh the general DSrecllons glven by the Chadly Commlsslon and Is In a¢cordancg wllh Regulallon 11 of the Ch8rllle5 Accounts (Scollandl Regulatlons 2006. An examlnèllon Includes a re￿&W ol Ihg 8¢counllng re¢ords kept by the ¢h8rlly 8nd 8 comparison of th8 accoun15 presenlad wllh thosè records. 11 also Includos conslderallon of any unusual Items or dlsclosures in the accounts, and se8klno explanatlons Irom you as Iruslees concemlng 8ny such rnaller5. The procedures undertaken do not provide all the evidence that would b8 requlred in an audll and consequtrnlly no Dplnbon 18 ylven a8 lo whether the accounts present a'inje and lalr vleW and the report 58 Ilmllgd lo th￿9 matlors sel oul In the next slalemènl Indop•ndgnt •x•mlngrf• •tat•m•nt In conneclion wllh rny exarnlnation, no matter has come lo my allenllon.. 111 which glves me reasonable cause lo belleve that In any materlal respecl th8 requlrements.. lo keep accounllnp records In accordance wllh sectSon 130 01 the 2011 Act and secllon 4411llal of the 2005 Act and Regulblion 4 of the 2006 Accoun15 Regulations and lo prepare accoun15 which accord with the accounting records and cornply wllh lh& accounllng r8quirem8nls ol th8 2011 A¢1 and s8¢llon 4411llbl of the 2005 Ad and Regulation 8 ol the 2008 Accounts Regulallons have not been mel or 121 lo which. In my oplnlon. attention should be drawn In order lo enable a proper undeislantllng of the gccounls lo be reached D8v(d H3yes Chartered Nfjanagemenl Accountant On bahalf ol DMH Accountancy 199 Clarkslon R08d Glasgow G443BS Dated 2011212024 PATANJALI YOG PEETH (UK) TRUST UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024 Unrestricted Restricted funds funds Total 2024 Total 2023 Note8 Incomln resource8 Incoming resources from generated funds Voluntary income Transfer from Unrestricted to Reslrlcled Grants Income from charitable activities 48.364 48,364 27,951 18,978 2,669 13,062 13,151 13,151 Tolal Incomlng resource8 61,515 61,515 62,658 Resource8 ex ended Charitable Activities Transfer from Unrestricted to Reslrlct8d Governance costs 37,999 37,999 68,699 18,976 1,879 2,158 2,156 Totsl resources expended 40,155 40,155 89,554 Net movement In Fund8 21,360 21,360 26,896 Fund balances al 1 April 2023 1,955,306 65.517 2,020,823 2,020,823 Fund balances at 31 March 2024 1,976,668 65,517 2,042,183 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from conlinuing activities. PATANJALI YOG PEETH {UK) TRUST Unaudlted Balance Sheet as at 31 March 2024 Notes 2024 2023 Flxed assets Tangible assets 1,940,678 1,947,856 Current assets Debtors Cash at bank and in hand 10 {421 118,524 118,482 3,197 75.045 78.242 Credltors.. amountB falllng due wlthln one year 10 (16,9761 15,2751 Net current as8èt8 101,506 72,967 Total asset8 less current Ilabllltle3 2,042,184 2,020,823 The funds ol the Charlty Reslricled funds 65.517 65,517 Unrestricted funds General fund5 1,976,667 1,955,306 Ngt Assets 2,042,184 2,020,823 The Accounts were approved by the Trustees on 1611212024 .Li o, Sunita Poddar Trustee PATANJALI YOG PEETH IUKI TRUST Notes to the Unaudited Accounts for the year ended 31 March 2024 1 Aceountlng pollcig• Basls of pr•par•tlon The financial slalernents have been prepared in accordance wllh Accounting and Rgporting by Charib'e5.' Statement ol Recomrnended Practice applicable to charitie5 preparing their accounts in accordance with FRS102 leffedive 1 January 20151 th¢ Chanlies Act 2011. the Statement of Recommended Practi￿ ISORPI 2005, (Charities SORP IFRS 1021, the Chanties Aecoun15 (Scollandl Regulats'ons 2006 and the applicable ac£ounting standards The accounts have been prepared under the historical c051 convention with items recognised at cosl or transaction valu* unle55 otrerwise slated in the relevant notelsl to the6e acc£)unts. The Trust meets the definits'on ol a public benefit ents.ty un(Jer FRS 102. Thè Tr8n31tion Date to FRS102 was the 1st April 2015. Assets and liabilits'es are initlally To￿AlS8￿ al hl$lorl¢al cost or Irgnsactlon value unless Othe￿iSe slated in the relevant accounting polisy note. In preparing the accounts, the trustees hav& eonsidefad wh8th•r In applylng tre accounting policies required by FRS 102 and the Charits'es SORP FRS 102 th• r¥slal•menl of ¢omp8ralive items was required None was The Iruil•?s conBlder that there are no rnaterfal unrArtalnlleB about the Tru81'G ablllty lo ¢onllnu• a¥ a goln9 oncam, Incomlng R•8ourcè8 All income is recoonised once th• ch8rity has •nlIll¢m￿I lo the In¢tyntr. there IB yuffidenl certainty or receipt and 50 It is probable that the incorne will be received, and the amount ol Incom* r￿1Vable can ba me85ured reliably. Donallon$, ar¥ ￿Co￿nised when they have been communScated Is received In writlng with nolifi¢8llon of both the amount and 5elUernenl dale. In the event that 8 donation 15 5Ut¥'ecl lo conditions that requlre a level ol perfomianca befo￿ th* Charity 5$ entI￿ad to thè lund$. the income is deferrecs and not recognised until either those conditions are lully mtri. or th* fulfilm¢nl ol Iho$e condilionB IB wholly witttin ihe control of the charity and1115 probable that IM088 conditlons wll be lulfilled in the reporting perio(J. As5els Donated are r8cognis&d as Incoming r$$¢ur¢es witrin v¢lunl¥ry ￿n￿m&s *nd within Ihe relevBnt xed asset category on the balance shètl whern r$ceivobl•. ere a donor has imposad rèstrictions on the use of the income. IhBse funds ￿11 be cla38ified as restricted. All other incom• is dg88ed 88 unrfj$lrld•d. R980urcgs Expondad All expenditure is accounled lor on an a￿[u31$ basi5 pnd h85 bsen inrluded under expense categorles that aggregate all costs for allocation to activities, where eosts can be diroclly attributed lo particular activities. Where c051s cannot be directly Bttribuled to g particulor 8ctivlty they hav• been allocated on a basis consistent with the use ol the resources. AGtivities undertaken directly are all the resources expended by the charity In the delivery of go¢d$ 8nd 5ervice¥. includino its programme and prqect work that is directed at the achievement ol it$ ¢h8ritable aims nd objectives. Support costs affj trose incurred in directly in support ol eXpend￿tUre on Ihe objects of the ehar4ty and includé projèct managemenl carried out at the headquarters. Governance costs are IhosÈ incurred in connection with adrninistralion of the charity and compliance wlth conslitutiorial and statutory requiretnent5. Grants payable are charge(1 in the year whèn the offèr is made $xcspl in those ca5e5 where the offerls conditional. such grants beAng recognised when thè eonditiCn5 attaching are fulfrlled. Grants offered to conditions which have not been mel at the year end are noted Bs a commitrnent. bLJI not accrued a5 expenditure. PATANJALI YOG PEETH IUKI TRUST Notes to the Unaudited Accounts for the year ended 31 March 2024 Tanglble fixedassets and dèpreclatlon Tangible fixed a55ets, other than freehold land, are Stated al cosl less depredation. Dèprèciati(M h35 been provided at the following rate5 in order lo write off the assets over their estimated u$&ful live5. 85 follows Plant and machinery Fixture5. fittings & equipment Freehld land is not deprecl818d. 15Yo reducing balance 15D/o reducing balance FO￿l9n currencles Tr8n58clIDn$ in foreign currencie5 are recorded at the rale ruling at the dat• of tha tr¥ns•ction Monetary assets and liabilities denominated in foreign currencies are translated al the rate of &xchangè ruling al the balan¢$ sh$¥t dsie. Al differenceB are tsken to the statement ol financial acts"viti&s. Fund accountlng Unrestricted incom8 lunds comprise those fvnds which the trustees are tree to U88 lor @ny purpo$• In furtherance of the ch8ritsble objects Restricted funds are funds wh￿h Ar• 1¢ b¢ u￿￿ In g¢cord$n¢o with specllic re8triclions imposed by th& donor or trust deed or raised by the charity lor a parts"cular purpose The aim and use ol each restricted fvnd is $81 out in the notes to th• fin$nci818lalernent8 2 Voluntsry Incom• Don?tsons and gifts 2024 2023 48,364 27,951 3 Incom• Irom charltable actl¥ltlo8 2024 2023 Marchandise Income 1518nd Incorne Yoga workshop Incom• 562 9,433 3.067 13.082 13,151 4 Totsl relourcgs gxpended Stoff Cost other Depreualion Cos15 Totsl 2024 Tot81 2023 Charltablg actlvltlos Activities undertaken directly Grant Funding of activities Inole 51 Suppryt costs Inote 61 9.955 9,955 45,566 8,000 7,179 14,865 28.044 23.133 Total 6,000 7,179 24,820 37,999 6B,699 Gov•rnanco costs 2,156 2,156 1.B79 70,578 Governance costs includes payments to the ￿ndePendent èxarninèr of nil12023.' nil l in respect ol the independent examination as well as £1,440 12023 £1,440) in relation to oiher seryice5. PATANJALI YOG PEETH IUKI TRUST Notes to the Unaudited Accounts for the year ended 31 March 2024 S Grant Fundlng of a¢t5vltl•$ 2024 2023 Grants 6 Support Costj 2024 2023 Premises expen5e8 Other expen583 Professional fèes on d8VdoE￿8nI DeproGiats'on 9,746 5,119 6,000 7,179 12,79s 1,889 8,445 3.133 7 Employe•8 Number of •mploya•s The average nurnber ol employees durlng the year was Administrabve Operplions 2024 Number 2023 Number Employmènt costs Th8 ovorage number ol employ8e8 during the ye?r w•3 2024 2023 Wages and sa18ri&$ Social security & Vetting c081s 8 Tanglble flxgd aBSgt8 Plant and machln•ry etc Land and bulldlng• Motor v•hlcl•8 Total C08t Al 1 April 2023 Additions Di5posa15 At 31 March 2024 1,900,000 131.312 8,470 2,039.782 1900 000 131312 2 039 782 Deprgclatlon Al l April 2023 Charge for tha On disposals At 31 March 2024 84.365 7,042 7,561 91,926 7,178 91.407 7.697 99,104 Net book valuo Al 31 March 2024 Al 31 Marth 2023 1 900.000 1900 000 39.905 46.947 773 909 1,940,678 1 947.856 The land above wa5 donated to the charity by Sunita Poddar and her husband for no conskl&ratr¢n on 2nd April 2010 and wa5 Ca￿talISed at it5 market value on that date. 10 PATANJALI YOG PEETH IUKI TRUST Notes to the Unaudited Accounts for the year ended 31 March 2024 9 Dabtors 2024 2023 Trade debtors 1421 2,950 227 20 3,197 Prepayments and accrued Income Other debtors 42 10 Cradltors: amounts falllng due wlthln one year 2024 2023 Trade creditors Accruals Other Crndilor8 Gr8nl$ Aoreed 15,538 1,440 3.835 1.440 16.976 5.275 11 R•8trlct8d lund$ The income funds ol th• charity IndudB restricted fund8 comprising the followino unexpanded b818nc•$ of don8lion$ and or•nts htld on trust Icr specific purp?￿8 ', Mov•m•nt• In lund Incomlng ro8ourc•8 Balancg at 01.Apr-23 Ro•our¢e¥ 8•14nco at •xp•nd•d 3110312024 r•Bourc•8 Wellne$9 C#nlre Covid Fund 54.278 11.239 65,517 54,278 11,239 65517 Covid Fund Arnounts donated to the Covid Fund have and wlll ba used lo $uppc