## **ANNUAL REPORT & FINANCIAL STATEMENTS** _for the year ending 31 December 2024_ 

**MOOJI FOUNDATION LTD A REGISTERED CHARITY and COMPANY LIMITED BY GUARANTEE Company Number: 07086049 Registered Charity Number: 1144016** 



|**INDEX**|<br>**PAGE**||
|---|---|---|
|Reference and Administrative Details of the Charity,||2|
|its Trustees and Advisors|||
|Structure, Governance and Management||3|
|Objectives & Activities||4|
|Achievements & Performance||5|
|Future Projects|<br>|12|
|Statement of Trustees Responsibilities|<br>|13|
|Independent Auditor’s Report||14|
|Consolidated Statement of Financial Activities||19|
|Balance Sheets||20|
|Statement of Cash Flows||21|
|Notes to the Accounts||22|



1 



## **Report of the Trustees for the year ending 31 December 2024** 

The Trustees present their Annual Report and audited financial statements for the year ending 31 December, 2024 and confirm compliance with the Charities Act 2011, the Memorandum and Articles of Association and the Charities SORP (FRS 102). 

## **REFERENCE AND ADMINISTRATIVE INFORMATION** 

|Charity Name:<br>Charity Registration Number:<br>Registered Address:<br>Website:<br>Honorary Patron:<br>Board of Trustees:<br> <br>Advisors:<br> <br> <br>Auditor:|Mooji Foundation Ltd<br>1144016<br>447 Staines Road West,<br>Ashford, Middlesex,<br>TW15 2AB, UK<br>www.moojifoundation.org<br>www.mooji.org<br>Anthony Paul Moo-Young (Sri Mooji)<br>Amrit Kaur<br>Arun Melwani<br>Fatoumata Kamissoko Kanoute<br>Rhonda Lee Johnson<br>Sara Nord (previously Sara Jonsson)<br>Davorka Kulas (Accountant)<br>DK London Ltd.<br>447 Staines Road West,<br>Ashford, Middlesex,<br>TW15 2AB – UK<br>Moore Kingston Smith LLP<br>The Shipping Building<br>The Old Vinyl Factory<br>Blyth Road, London, UB3 1HA|
|---|---|



2 



## **STRUCTURE, GOVERNANCE & MANAGEMENT** 

Mooji Foundation Ltd. originated as a group of volunteers who were following and practicing the spiritual teachings of Advaita Vedanta, taught by Sri Mooji. It was incorporated in November 2009 as a Company Limited by guarantee with Companies House (07086049). It was granted Charitable Status by the Charity Commission of England and Wales in September 2011 with Charity Registration Number 1144016. 

## **Volunteers** 

The Trustees and all who are connected with Mooji Foundation would like to express our deep gratitude to our spiritual teacher, Sri Mooji, for his selfless service, love and presence. The contribution of volunteers in Mooji Foundation is invaluable, as so much work takes place through selfless service. Volunteers come forward after benefiting from Satsang, wishing to support the sharing of the teachings and thus benefit others. 

## **Governance** 

We, the Trustees, are responsible for overseeing and creating policies for the management of the Charity. We offer our time voluntarily in service of making the teachings available to all. The Trustees receive no remuneration or other financial benefits from this service. The Charity has 3- 5 Trustee meetings per year. 

The Trustees are responsible for the recruitment of new Trustees. During this recruitment process, people that have volunteered with the organisation for some years and demonstrate a wisdom and discernment that is in line with the Charity’s objectives are considered. 

Potential Trustees are invited to meetings before they are appointed so that they are aware of the scope of the work and the responsibilities of the Trustees. A consensus vote is then made amongst the current Trustees. This method allows due consideration of the person’s eligibility, personal competence, specialist knowledge and skills. Following appointment, the new Trustees are introduced to their role and are briefed on the policies and guidelines of the Charity and the scope of the work that currently takes place. They are also given access to a library of the Charity Commission’s guidelines. 

## **Management** 

The Trustees keep in close contact with key members of the organisation to ensure that we are operating smoothly, including updating policies and procedures as relevant. The Trustees continue to ensure that the organisation always moves in integrity and that its objects remain at the heart of all we do. 

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## **Related Parties** 

Mooji Foundation Ltd works in collaboration with Mooji Media Ltd (our trading subsidiary), and Associação Mooji Sangha (AMS) based in Portugal. This collaboration greatly facilitates the furthering of our objects. 

## **OBJECTIVES & ACTIVITIES** 

## **Purpose** 

The Charity’s objects as set out in our governing document are: the promotion of moral and spiritual welfare of all through the teachings and practical methodology of the Advaita Vedanta school of Hindu philosophy. 

## **Main Activities** 

We are dedicated to sharing the knowledge of Advaita Vedanta (non-duality), and to encourage and facilitate its practice. The understanding and application of this teaching is fully facilitated by Sri Mooji, whose guidance, wisdom and presence bring many followers into the direct experience of one’s true nature. 

We continued to fulfill our charitable purposes in 2024 by: 

- Providing direct and interactive guidance on the practice of self-inquiry for individuals and groups; 

- Producing audio-visual material for the public through our trading subsidiary, Mooji Media Ltd and in collaboration with AMS, as well as continuing to share the teachings through books and written works; 

- Encouraging participants to apply their insights to their daily lives, thus benefiting wider society; 

- Supporting Associação Mooji Sangha financially for the expenses related to the common objectives; 

- Supporting individuals to access Satsang (spiritual gathering) events, retreats and participation in Satsang activities in Monte Sahaja, through concessions; 

- Providing ongoing translation services to support and allow greater accessibility for those around the world. 

The trustees have considered the Charity Commission’s public benefit guides, namely PB1, PB2 and PB3 during the planning and evaluation of our activities. 

4 



## **ACHIEVEMENTS & PERFORMANCE** 

The main avenues through which we carry out our work are: Satsang Events (live and online), the International Community (Sangha), Online Offerings (free audio-visual material), Translations, Monte Sahaja Centre for Self-realisation (where most satsang activities take place), financial grants and concessions, and, Mooji Media Ltd (trading subsidiary). 

Being spiritual in nature, the benefit to the public is more qualitative than quantitative. These teachings are broad, universal and inclusive of everyone. As someone matures in the understanding of their true nature, they naturally bring this unity and acceptance to all they meet, promoting peace, love, compassion and kindness. 

Furthermore, there are greater and greater numbers of people who are resonating with these teachings. These can be measured through growing numbers following and subscribing to our online channels. Those adopting these teachings are from all over the world, from diverse cultures and religions. 

## **Testimonials** 

We receive many accounts from people all around the world, expressing how these teachings are bringing more peace and harmony into their lives and also to their families and communities. This is a direct testimony of the positive benefit and impact of these teachings to leading people to happier, more balanced and peaceful lives. Here are few of the many testimonies received in 2024: 

_I just cried with the latest YT video when throwing to Mooji my attachment to the world and just being pure awareness._ 

_God bless you for your invaluable work!! I am loving the AudioBook an Invitation to Freedom! God bless_ 

_From: Anonymous follower_ 

_----------------------------------------_ 

_Once more thank you all that Sahaja express is available for the sangha world wide. Gratitude to Moojibaba for helping to understand better things like capacity to follow pointing, importance of persistence and many more._ 

_With all love and blessings_ 

_-From Lithuania_ 

_-------------------------------_ 

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_Dear Sangha,_ 

_I would especially like to thank you for the daily contemplations and the music of the Sangha, the sharing of everything and the German translations._ 

_My thanks go especially to Moojibaba and all the contributors, the Sangha_ 

_NAMASTE_ 

_- From Germany_ 

_-----------------------------------------_ 

_I am not on Sahaja Express. I will skip the so-called story of my life. I do join Canadian Mojji Sangha satsangs frequently. Just a few days back we watched Darshan of the Self. The potency of this Satsang. shook me to the core of my being. Tears will not stop. Drowning in this outpouring of Grace from our Master these things kept arising in this form 'if by some strange quirk of fate I only have access to this Satsang there is nothing else that is needed. Also beings all across planet earth should be given a chance to listen to this Karuna Saagharam of a Satsang from our Guruji." Had no clue how this could possibly unfold. Just left it all at the feet of our Master._ 

_Nithyha Daasam at Gurujis feet._ 

_- From Canada/India_ 

_------------------------------------_ 

_It is quite challenging to be on my own here in Denmark and even though Sahaja never is further away than my heart, I do miss being in Sahaja very much._ 

_I am so grateful for Sahaja Express and all the effort everybody in the Sangha is putting in sharing Babajis pointings - thank you - thank you thank you._ 

_All my love and gratitude_ 

_- From Denmark_ 

_----------------------------------_ 

_It makes me very happy that you have talked to Moojibaba about me. I have tried many times to meet Him in person, but untill now it was not possible. I know that Mooji is sharing the real Absolute Truth, I feel it and know it in my heart._ 

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_I hope and pray that one day I will also fully come to this understanding and realize fully and abide in the Self._ 

_With love and gratitude_ 

_- From Croatia_ 

_-----------------------------_ 

_I just watched the recent upload on Youtube.  I always watch a Mooji video before I start work, as it sets a tone in my vibration._ 

_And this recent one, is so powerful.  I received the message, and I am ready and understand the intent of the Master pointing._ 

_I prayed last night, and I spoke to Mooji.  I told him that I will never forget you, although it may appear so with the many activities of daily life.  I know you are with me as I am with you._ 

_And then I saw the video.  With his blessings.  Blessings on blessings on blessings.  I receive them.  I felt like he was talking right to me.  And I know I am ready for this.  Just as I have been through every point of my following him since 2021._ 

_Its all coming at the right time._ 

_Please extend my gratitude and love and care for him.  I am with him too.  And please tell him: "You are everything to me"._ 

_All my love to all of the sangha as well, I am with you in spirit._ 

_- From Canada_ 

_-----------------------_ 

_Thank you so much for this beautiful newsletter. I appreciate so much the love you put into this and so grateful to learn about all that is unfolding in Sahaja. I am so excited to visit the Temple of Emptiness and the other lovely spaces with upgrades. The way Sahaja is cared for and always upleveling is a powerful example to me of how I should move with the spaces god has made me a steward of. Everywhere is the mandir as everywhere is god. Love you so much. Be blessed!_ 

_- From USA_ 

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## **MONTE SAHAJA, CENTRE FOR SELF-REALISATION** 

Monte Sahaja is run by Associação Mooji Sangha, a non-profit Portuguese organisation. Its activities and functions are  aligned with Mooji Foundation’s objectives. It is a place where many visitors can be immersed in the environment of Satsang and inner contemplation. The centre usually hosts different programs such as day visits, and short term and longer term guest stays, which allow people from all over the world to spend time there. 

In 2024 the center was open regularly (at least twice a week) for day visitors to participate in the daily activities of the center.  Almost 150-200 visitors attend the program on these visitor days. Guests from all over the world also came for short term (7-10 days) and long term (3-4 weeks) stays during the year. 

## **INTERNATIONAL COMMUNITY** 

The International Sangha team supports many groups of followers around the world who meet together in the spirit of Satsang. As people connect with and apply these teachings, many feel drawn to gather with others on the same spiritual path and form a sangha group. There are over 239 groups in approximately 60 countries, and the International Sangha team supports this growing community by sharing Satsang material, facilitating and participating in online events This work is very important, and both the team and the groups continually express the immense power of meeting together in this way, which assists each one to grow in these teachings and come to experience more peace, harmony, wisdom and balance in their lives. 

Our outreach to sangha groups is now mostly through Sahaja Express (SE). We began broadcasting live satsangs to SE from time to time and offered live contemplations from Monte Sahaja as well as the Gem of the Week on Friday evenings.  We also broadcast special events live such as Christmas, Easter, Gurupurnima and other special days. 

In March an online satsang gathering with India, Malaysia, Singapore, and Nepal sanghas was held by Moojibaba. 

During the April 2024 Lisbon intensive Moojibaba held spontaneous satsangs with International Sangha members between the scheduled satsangs which was very much appreciated by the sanghas as this gave them the opportunity to share their experiences and bring forward their concerns in an intimate setting. 

Every 1-2 months there were live video calls with worldwide hosts and the International Sangha team to receive feedback and to share the current atmosphere of Sahaja. Many team members from Monte Sahaja also participated in those online meetings. 

8 



The International Sangha team frequently join the online sangha group meetings and give their own accounts of the positive impact of these online gatherings, where people listen to Satsangs together.  In 2024, sangha groups continued to regularly meet physically wherever possible and also Online. There were many live online Satsangs that also took place during these meetings where Moojibaba would spontaneously join those meetings and share satsang. 

## **ONLINE OFFERINGS** 

Continuing to share these satsang teachings freely is of utmost importance to Mooji Foundation, and material is regularly posted through different platforms. Our main online platform for sharing material is Mooji.TV, which serves as the hub of audio and video material and where satsang events are streamed. We also continue to share free material on Mooji TV, Facebook, Instagram, Youtube and Twitter. The ‘Moojiji’ YouTube channel remains a very accessible platform and continues to grow in subscribers. 

At the end of 2024, this channel had 820,134 subscribers, an increase of 38,134 subscribers.  56 new recordings were uploaded on ‘Moojiji’ this year. 

The Mooji Mala Music YouTube channel gained additional 20,285 (150,638 in total) subscribers and received over 9.9 million channel views. Mooji Mala Music channel in 2024 posted 25 new music videos. 

A new series on Sahaja Express is being offered, which is a way to capture major shifts in the climate of satsang.. Two series offered are: 

## - Master's Call to Ultimate Seeing; 

- From Knowledge to Realisation 

An app was created for Sahaja Express, primarily for push notifications. 

Broadcasting of spontaneous live satsangs to Sahaja Express started happening from time to time. 

Refined English captions are made available on Sahaja Express. 

‘Chant Sahaja’ continued to be offered on our youtube channel in 2024 and had about 5,300 subscribers. It had 100,000 views in 2024. 

Strawable sessions where live music is shared with listeners, continue to be received well by listeners. These sessions are offered by the Sangha living in Monte Sahaja. 

9 



Offering of  ‘Quote of the Week’ continued in 2024, where a weekly quote is emailed to subscribers. 

## **TRANSLATION and INTERPRETING** 

Live (simultaneous) interpreting was offered in 7 languages (Chinese, Russian, Spanish, French, Italian, Czech and Portuguese) during Lisbon Live and  Online Satsang event, enabling the participants to listen to Satsang in their own language in real-time, inside the Zoom sessions and over the broadcast, and to watch the translated recordings of the satsangs and all videos offered as well. For the Lisbon Intensive almost 518 participants took advantage of the translation services of which 5% were Russian, 4% Spanish, 3% French, 3% Italian, 2% Chinese and 1% Portuguese. About 12 participants took advantage of Czeck translations. 

Approximately 35 volunteers provided their services of ‘translating the Lisbon Intensive’ in 2024. 

## **Subtitling and Dubbing** 

Alongside translations for events, there is ongoing subtitling and dubbing of the shared material, as mentioned above. Subtitling and captioning online videos is an important aspect of Mooji Foundation’s work, ensuring greater accessibility of these teachings. The area of translations is supported tremendously by dedicated volunteers from all around the world, and Mooji Foundation is deeply touched and grateful for their contribution. 

There are several language channels available on our YouTube channel. The most popular languages in 2024 were Russian, Spanish and French with the following stats: 

Russian Youtube channel with 2032 new subscribers had 488,249 views in 2024 Spanish Youtube channel with 2200 new subscribers had 506,248 views in 2024 French Youtube channel with 1800 new subscribers had  385,841 views in 2024 

In 2024, a total of 500 satsang videos were subtitled in 18 languages by 80 volunteers. 

Further to the above the translations  team also creates subtitles for Mooji Mala and Papaji (Sri Poonjaji) channels. 

## **Dubbed videos on Sahaja Express** 

About 170 English videos were dubbed In 6 languages (Russian,  Spanish,  French,  Italian, German, and Portuguese) by about 50 volunteers, for a total of about 950 videos.  Of these about 50 were daily contemplations. 

10 



## **GRANTS and CONCESSIONS** 

In 2024, the Charity provided 110 concessions for the physical event with Moojibaba held in Lisbon Intensive and its Online broadcast. It also continued to make Sahaja Express available at a reduced rate or for free to those who were unable to pay for the monthly subscription. The charity also supported 58 guests who visited Monte Sahaja who were unable to afford the costs related to their visits. 

Further, the Charity continued to support Associação Mooji Sangha with grants for the costs directly related to meeting  Mooji Foundation’s objectives. The team continued to share the teachings via online broadcast of the live event (s),  other live events, meetings conducted on Zoom, video satsangs shared through Mooji TV, satsangs shared via youtube and other online platforms, free spiritual music online events; ensuring that the seekers can have access to the teachings without much interruption. Our focus, in collaboration with AMS, will remain to share teachings whichever way possible and the team continues to work hard to meet this objective. 

## **MOOJI MEDIA LTD - Trading Subsidiary** 

Mooji Media Ltd is a trading subsidiary of Mooji Foundation and holds the trademark and copyrights of Satsang materials such as audio and video recordings, music, photos, written works and artwork, and works in collaboration with AMS to produce and share this material. The scope of MMLs work also includes producing and publishing Satsang books, as well as working with publishers and distributors around the world to make these teachings more widely available and in various languages. Two  new music albums were released.  Two new translated books were also published. 

All profits arising from Mooji Media Ltd's trading activities are donated to Mooji Foundation Ltd. 

## **FINANCIAL REVIEW** 

The board of Trustees have reviewed the MF and MML (the group)’s activities during the year. The Donations and Legacies income of the group in 2024 increased from £31,675 in 2023 to £200,960 in 2024 due to some legacy donations received by the Charity. The group also earned more interest income in 2024 (£11,913) compared to 2023 (£6,974) by investing in short term deposits. Income from trading activities decreased from £148,763 in 2023 to £118,279 in 2024 due to lesser royalties received from AMSA. 

Expenditures on charitable activities decreased from £231,187 in 2023 to £164,062 in 2024 due to fewer retreats. 

The surplus for the group in 2024 is £112,832 (2023: -£98,794). 

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## **RESERVE POLICY** 

The Trustees have examined the Charity’s requirements for reserves in light of the main risks to the organization. It has established a reserves policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the Charity should be for 12 months of the expenditure. The reserves are needed to meet the working capital requirements, and as the running costs of the Charity are very low, the Trustees are confident that a reserve of £60,000 is adequate to run for 12 months. 

Another £300,000 is designated to be spent on the future projects and other relevant expenditures of AMS that are inline with Mooji Foundation’s objectives.  The Charity is reserving a contingency fund of £500,000 to ensure it can expend those to meet its objectives if other resources to generate income slow down. 

## **FUTURE PROJECTS** 

At the heart of everything that Mooji Foundation does is the desire to make the teachings accessible, be it physically or online. As an organisation, we are open to new ideas and implementing changes which further the Charity’s objectives. 

We will continue to: 

- support events by offering translation services 

- make grants and offer concessions to those wanting to attend events but have financial difficulties 

- collaborate with MML and AMS to produce and share Satsang material 

- support AMS with grants whenever feasible, to support our mutual objects 

## **Principal Risks and Uncertainties Facing the Charity** 

The major risk to most businesses in current times is the instability in the world’s Geo Political Environment.  A few wars have been ongoing for the past 2-3 years and another major one is on the horizon. If another war erupts, all businesses including charities may be negatively impacted. Although it’s hard to project all the risks related to this issue, one major one could be that our physical operations may be limited.  The Charity and its related company AMS has been actively taking measures since Covid-19, to make sure that the main object of the Charity continues to be met by making more and more offerings online and through published materials. So even if our physical events cease, the Advaita teachings of Moojibaba would still be available to the public to take advantage of through various channels. 

12 



## **STATEMENT OF TRUSTEES RESPONSIBILITIES** 

The Trustees, who are also the directors of Mooji Foundation Ltd for the purpose of company law, are responsible for preparing the Trustees Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources, including the income and expenditure, of the Charity company of that year. 

In preparing these accounts, the Trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; and 

- prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. 

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

- Insofar as the Trustees are aware: - there is no relevant audit information of which the Charity’s auditor is unaware; and 

   - The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. 

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. 

For and on behalf of the Trustees, 

Amrit Kaur Trustee and Director Mooji Foundation Ltd 

25 September 2025 

13 



Independent Auditor's Report on the Financial Statements to the Members of Mooji Foundation Ltd 

## **Mooji Foundation Ltd** 

## **Opinion** 

We have audited the financial statements of Mooji Foundation Ltd (the 'company') for the year ended 31 December 2024 which comprise the Consolidated Statement of Financial Activities, the Consolidated and Charity Balance Sheets, the Consolidated and Charity Statement of Cash Flows, and the related notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 'The Financial Reporting Standard Applicable in the UK and Ireland. 

## In our opinion the financial statements: 

- give a true and fair view of the state of the group's and the parent charitable company's affairs as at 31 December 2024 and of the group's incoming resources and application of resources, including its income and expenditure, for the year then ended; and 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs(UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

## **Other information** 

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

14 



## **Mooji Foundation Ltd** 

## Independent Auditor's Report on the Financial Statements to the members of Mooji Foundation Ltd (continued) 

## **Opinion on other matter prescribed by the Companies Act 2006** 

In our opinion, based on the work undertaken in the course of the audit: 

- the information given in the trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- the  trustees’ annual report has been prepared in accordance with applicable legal requirements. 

## **Matters on which we are required to report by exception** 

In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. 

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Act 2011 require us to report to you if, in our opinion: 

- the parent charitable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us; or 

- the parent charitable company’s financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of trustees' remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit; or 

- the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the Trustees’ Annual Report and from preparing a Strategic Report. 

## **Responsibilities of trustees** 

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic alternative but to do so. 

15 



## **Mooji Foundation Ltd** 

Independent Auditor's Report on the Financial Statements to the members of Mooji Foundation Ltd (continued) 

## **Auditor's responsibilities for the audit of the financial statements** 

We have been appointed as auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts. 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also: 

- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. 

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the group and parent charitable company’s internal control. 

- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. 

- Conclude on the appropriateness of the trustees’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the group and parent charitable company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the group or parent charitable company to cease to continue as a going concern. 

- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 

- Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit report. 

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 

16 



## **Mooji Foundation Ltd** 

Independent Auditor's Report on the Financial Statements to the members of Mooji Foundation Ltd (continued) 

## **Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud** 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. 

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the charitable company. 

Our approach was as follows: 

- We obtained an understanding of the legal and regulatory requirements applicable to the charitable company and considered that the most significant are the Companies Act 2006, the Charities Act 2011, the Charity SORP, and UK financial reporting standards as issued by the Financial Reporting Council; 

- We obtained an understanding of how the charitable company complies with these requirements by discussions with management and those charged with governance. 

- We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance. 

- We inquired of management and those charged with governance as to any known instances of noncompliance or suspected non-compliance with laws and regulations. 

- Based on this understanding, we designed specific appropriate audit procedures to identify instances of noncompliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required. 

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. 

17 



Independent Auditor's Report on the Financial Statements to the members of Mooji Foundation Ltd (continued) 

## **Mooji Foundation Ltd** 

## **Other matters** 

The comparative figures in these financial statements have not been audited as the company did not require a statutory audit under the Companies Act 2006 in the prior year. 

## **Use of our report** 

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and, in respect of the consolidated financial statements, to the charity’s trustees, as a body, in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our audit work has been undertaken so that we might state to the charitable company’s members and trustees those matters which we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company, the charitable company’s members, as a body, and the charity’s trustees, as a body, for our audit work, for this report, or for the opinion we have formed. 

Date: ………………………………..26 September 2025 

**James Saunders** (Senior Statutory Auditor) for and on behalf of Moore  Kingston Smith LLP, Statutory Auditor 

The Shipping Building The Old Vinyl Factory Hayes London UB3 1HA 

Moore Kingston Smith LLP is eligible to act as auditor in terms of Section 1212 of the Companies Act 2006. 

18 



## **Mooji Foundation Ltd** 

## Consolidated Statement of Financial Activities For the year ended 31 December 2024 

(including Consolidated Income and Expenditure Account and Statement of Total Recognised Gains and Losses) 

|**Note**<br>**Income from:**<br>Donations and legacies<br>**3**<br>Other trading activities<br>**4**<br>Investments<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Charitable activities<br>**Total resources expended**<br>**5**<br>**Net outgoing**<br>**resources before transfers**<br>Gross transfers between funds<br>**15**<br>**Net movement in funds**<br>**Reconciliation of funds**<br>Total funds brought forward at 1 January 2024<br>**Total funds carried forward at 31 December 2024**<br>**15**|**Unrestricted**<br>**Funds**<br>**£**<br>200,960<br>118,279<br>11,913<br>331,152<br>54,258<br>164,062<br>218,320<br>112,832<br>-<br>112,832<br>72,425<br>185,257|**Designated**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>860,000<br>860,000|**Total**<br>**2024**<br>**£**<br>**200,960**<br>**118,279**<br>**11,913**<br>**331,152**<br>**54,258**<br>**164,062**<br>**218,320**<br>**112,832**<br>-<br>**112,832**<br>**932,425**<br>**1,045,257**|**Total**<br>**2023**<br>**£**<br>31,675<br>148,763<br>6,974<br>**187,412**<br>55,019<br>231,187<br>**286,206**<br>**(98,794)**<br>-<br>**(98,794)**<br>**1,031,219**<br>**932,425**|
|---|---|---|---|---|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 22 to 28 form part of these accounts. 

19 



## **Mooji Foundation Ltd** 

Consolidated and Charity Balance Sheets As at 31 December 2024 

|**Notes**<br>**Fixed assets**<br>Intangible assets<br>**10**<br>Tangible assets<br>**11**<br>Investments<br>**12**|**Group**<br>**Group**<br>**Charity**<br>**Charity**<br>**2024**<br>**2023**<br>**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>761<br>761<br>-<br>-<br>551<br>1,197<br>-<br>-<br>-<br>-<br>135,388<br>135,388|
|---|---|
|**_Total Fixed assets_**|1,312<br>1,958<br>135,388<br>135,388|
|**Current assets**<br>Debtors<br>**13**<br>Short term investments<br>Cash at bank and in hand|128,146<br>36,355<br>127,811<br>-<br>505,064<br>-<br>505,064<br>-<br>438,436<br>907,749<br>234,275<br>730,086|
|**_Total Current assets_**<br>**Liabilities**<br>Creditors: amounts falling due within one year<br>**14**|1,071,646<br>944,104<br>867,150<br>730,086<br>(27,701)<br>(13,637)<br>(24,272)<br>(10,984)|
|**Net current assets**|1,043,945<br>930,467<br>842,878<br>719,102|
|||
|**Total assets less current liabilities**|1,045,257<br>932,425<br>978,266<br>854,490|
|**Creditors: amounts falling due after more than one year**|-<br>-<br>-<br>-|
|**Total assets less total liabilities**|**1,045,257**<br>**932,425**<br>**978,266**<br>**854,490**|
|**Funds of the charity:**<br>Unrestricted funds:<br>Designated funds<br>**15**<br>Other charitable funds<br>**15**|860,000<br>860,000<br>45,000<br>45,000<br>185,257<br>72,425<br>933,266<br>809,490|
|**Total funds**|**1,045,257**<br>**932,425**<br>**978,266**<br>**854,490**|



- 

The trustees have prepared group accounts in accordance with section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. 

The charitable company has taken advantage of the exemption in section 408 of the Companies Act 2006 from disclosing its individual Statement of Financial Activities. The surplus for the charitable company for the year was £123,778 (2023: deficit of £98,828). 

September 26, 2025 Approved and authorised for issue by the trustees on: …………………………………… 

**Amrit Kaur** Trustee 

The notes on pages 22 to 28 form part of these accounts. 

20 



## **Mooji Foundation Ltd** 

Statement of Cash Flows and Consolidated Statement of Cash Flows For the year ended 31 December 2024 


**----- Start of picture text -----**<br>
Group Group Charity Charity<br>Note 2024 2024 2024 2024<br>£ £ £ £<br>Cash provided by operating activities 18 35,751 (99,003) (495,811) (99,146)<br>Cash flows from investing activities<br>Cash invested in fixed asset additions - (1,655) - -<br>Increase in cash and cash equivalents in the year 35,751 (100,658) (495,811) (99,146)<br>Cash and cash equivalents at the beginning of the year 907,749 1,008,407 730,086 829,232<br>Total cash and cash equivalents at the end of the year 943,500 907,749 234,275 730,086<br>**----- End of picture text -----**<br>


21 



**Mooji Foundation Ltd** 

Notes to the Financial Statements 

For the year ended 31 December 2024 

## **1 Statement of Accounting Policies** 

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: 

## **1.1 Basis of Preparation** 

The financial statements have been prepared in accordance with Accounting and Reporting by 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) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 

Mooji Foundation Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost of transaction value unless otherwise stated in the relevant accounting policy. The financial statements are prepared in sterling, which is the functional currency of the group. Monetary amounts in these financial statements are rounded to the nearest pound. 

**1.2 Going Concern** 

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. The charitable company continues to have a strong cash position and balance sheet, and finances are reviewed before offering support to organisations it supports,  such as Associaco - Monte Sahaja Asham (AMSA) in Portugal. As a result the trustees believe that the charitable company will be able to continue its activities and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements. 

## **1.3 Group financial statements 1.4 Income** 

The financial statements consolidate the results of the charity and its whole owned subsidiary Mooji Media Limited on a line-by-line basis. A separate Statement of Financial Activities and Income and Expenditure Account for the charity has not been presented because the charity has taken advantage of the exemption afforded by section 408 of the Companies Act 2006. 

All income in the Statement of Financial Activities is shown gross of the associated costs and is accounted for where there is entitlement to the income, it is probable that the benefits associated with it will flow to the charity and it can be reliably measured. 

- **1.5 Expenditure** 

All expenditure is accounted for on an accruals basis and has been allocated on the bases indicated below: 

## **Expenditure on raising funds** 

Costs of raising funds comprises the costs associated with the trading subsidiary. 

## **Expenditure on charitable activities** 

These costs include expenditure associated with the delivery of the objects of the charity and include both the direct costs, support costs and grant funding relating to these activities. 

## **Other expenditure** 

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’ meetings and reimbursed expenses. 

All resources expended are inclusive of irrecoverable VAT which is charged as a cost against the activity for which the expenditure was incurred. 

## **1.6 Intangible fixed assets** 

Intangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. 

## **1.7 Tangible fixed assets** 

All assets acquired for continuing use by the charity are initially capitalised at cost and measured subsequently at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: 

Fixtures, fittings and equipment 

33% straight line 

22 



## **Mooji Foundation Ltd** 

Notes to the Financial Statements (continued) For the year ended 31 December 2024 

## **1 Statement of Accounting Policies (continued)** 

**1.8 Fixed asset investments** Interests in subsidiaries, where donated, are initially measured at the fair value of the gifted investment and subsequently measured at deemed cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in the Statement of Financial Activities. 

A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. 

## **1.9 Cash and cash equivalents** 

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. **1.10 Financial instruments** Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. 

The group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently carried at amortised cost using the effective interest method. 

**1.11 Taxation** The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. **1.12 Foreign exchange** Transactions denominated in foreign currencies are recorded at the rate ruling at the date of the transaction. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting en date. Gains and losses arising on translation are included in the Statement of Financial Activities for the period. **1.13 Accumulated funds** Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts. There is no formal policy of transfer between funds or on the allocation of funds to designated funds, though the trustees have directed that a reserve fund built up from general unrestricted funds, equal to six months' budgeted operating expenditure of the charity to meet the working capital requirements of the charity to enable the continuing of the current activities in the event of a significant drop in funding. The value of such a fund will vary with activity levels and at the year end the unrestricted designated reserve stands at the estimated requirement of £60,000. A specific designated fund of £500k was created as a contingency fund in the current climate. A specific designated fund of £1m also exists representing anticipated investment costs in future activities. **1.14 In kind funding/support** The charity benefits from the services of many thousands of voluntary hours and unclaimed out-of-pocket expenses by a very large number of supporters. In addition companies, organisations and individuals have, in many cases, provided the use of facilities, equipment and premises for various activities and meetings without charge. The value of such gifts in kind have not been estimated and included in the statement of financial activities as we are unable to measure the value of these gifts. 

There is no formal policy of transfer between funds or on the allocation of funds to designated funds, though the trustees have directed that a reserve fund built up from general unrestricted funds, equal to six months' budgeted operating expenditure of the charity to meet the working capital requirements of the charity to enable the continuing of the current activities in the event of a significant drop in funding. The value of such a fund will vary with activity levels and at the year end the unrestricted designated reserve stands at the estimated requirement of £60,000. A specific designated fund of £500k was created as a contingency fund in the current climate. A specific designated fund of £1m also exists representing anticipated investment costs in future activities. 

**2 Critical accounting estimates and areas of judgement** In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

In the view of the trustees in applying the accounting policies adopted, no critical judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any critical estimates or assumptions made carry a significant risk of material adjustment in the next financial year. 

23 



## **Mooji Foundation Ltd** 

Notes to the Financial Statements (continued) For the year ended 31 December 2024 


**----- Start of picture text -----**<br>
3 Income from donations and legacies Unrestricted<br>Unrestricted Restricted  Total Total<br>Funds Funds 2024 2023<br>£ £ £ £<br>Donations and gifts 92,924 - 92,924 31,675<br>Legacies 108,036 - 108,036 -<br>200,960 - 200,960 31,675<br>4 Income from other trading activities Unrestricted Unrestricted<br>funds funds<br>2024 2023<br>£ £<br>Media and product income 118,279 148,763<br>118,279 148,763<br>5 Resources Expended<br>Activities<br>undertaken Grant funding Support Total Total<br>directly of activities costs 2024 2023<br>£ £ £ £ £<br>Expenditure on raising funds (unrestricted)<br>Cost of media and product revenue - - 54,258 54,258 55,019<br>Expenditure on charitable activities<br>Retreats and intensives - 115,002 49,060 164,062 231,187<br>- - - - -<br>Scholarships<br>- 115,002 103,318 218,320 286,206<br>Incoming resources for the year is stated after charging: 2024 2023<br>£ £<br>Depreciation 646 646<br>- -<br>Independent examiner:<br>Auditor's remuneration:<br>Audit fees 15,200 12,720<br>Other services 2,400 2,200<br>6 Analysis of grants<br>2024 2023<br>£ £<br>Grants to institutions - AMSA 95,706 120,118<br>Grants to individuals - 17,116<br>Concessions- Retreats 19,296 70,641<br>- -<br>Concessions- MS Guest stays<br>115,002 207,875<br>**----- End of picture text -----**<br>


24 



## **Mooji Foundation Ltd** 

Notes to the Financial Statements (continued) For the year ended 31 December 2024 

## **7 Support costs** 

|**Basis of allocation**<br>Bank and Paypal charges<br>Actual<br>Company administration<br>Actual<br>Legal and professional<br>Actual<br>Staff costs<br>Time spent<br>Governance costs<br>Actual<br>Depreciation<br>Actual<br>Foreign exchange loss/(gain)<br>Actual|**Raising**<br>**funds**<br>254<br>10,703<br>8,835<br>33,751<br>-<br>646<br>69<br>**54,258**|**Charitable**<br>**activities**<br>490<br>6,021<br>27,554<br>-<br>15,200<br>-<br>(205)<br>**49,060**|**Total**<br>**2024**<br>**£**<br>744<br>16,724<br>36,389<br>33,751<br>15,200<br>646<br>(136)<br>**103,318**|**Total**<br>**2023**<br>**£**<br>1,116<br>16,975<br>12,271<br>33,750<br>12,720<br>646<br>853<br>**78,331**|
|---|---|---|---|---|



## **8 Trustees and key management personnel** 

The trustees are considered to be the key management personnel of the group. No trustee received any remuneration nor were they reimbursed any expenses in the current or comparative year. 

Amounts paid to the charity's patron Anthony Paul Moo Young are disclosed in note 17. 

## **9 Employees** 

The average monthly number of employees during the year was: 

|Administration and support<br>Staff costs during the period were:<br>Wages and salaries<br>Social security costs<br>Pension contributions|**2024**<br>**No.**<br>2<br>**2024**<br>**£**<br>33,751<br>-<br>-<br>**33,751**|**2023**<br>**No.**<br>2<br>**2023**<br>**£**<br>33,750<br>-<br>-<br>**33,750**|
|---|---|---|



There were no employees whose annual remuneration was £60,000 or more. 

## **10 Intangible Fixed Assets** 

|**Cost**<br>At 1 January 2024<br>Additions<br>At 31 December 2024<br>**Depreciation**<br>At 1 January 2024<br>Charged in year<br>At 31 December 2024<br>**Net book values**<br>At 31 December 2024<br>At 31 December 2023|**Group**<br>**£**<br>761<br>-<br>761<br>-<br>-<br>-<br>**761**<br>**761**|**Charity**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>**-**<br>**-**|
|---|---|---|



25 



## **Mooji Foundation Ltd** 

Notes to the Financial Statements (continued) For the year ended 31 December 2024 

|**11**<br>**Tangible Fixed Assets**<br>**Cost**<br>At 1 January 2024<br>Additions<br>Disposals<br>At 31 December 2024<br>**Depreciation**<br>At 1 January 2024<br>Charged in year<br>Depreciation eliminated on disposal<br>At 31 December 2024<br>**Net book values**<br>At 31 December 2024<br>At 31 December 2023<br>**12**<br>**Investments**<br>**Shares in group undertakings**<br>**Cost or valuation**<br>At 1 January 2024 and at 31 December 2024<br>**Carrying amount**<br>At 31 December 2024<br>At 31 December 2023|**Group**<br>**Fixtures,**<br>**fittings &**<br>**equipment**<br>**£**<br>17,679<br>-<br>-<br>17,679<br>16,482<br>646<br>17,128<br>**551**<br>**1,197**<br>**Charity**<br>**2024**<br>**£**<br>135,388<br>135,388<br>135,388|**Charity**<br>**Fixtures,**<br>**fittings &**<br>**equipment**<br>**£**<br>15,627<br>-<br>-<br>15,627<br>15,627<br>-<br>-<br>15,627<br>**-**<br>**-**<br>**Charity**<br>**2023**<br>**£**<br>135,388<br>135,388<br>135,388|
|---|---|---|



The charity holds 100% of the share capital of Mooji Media Ltd, a company registered in England and Wales (registration number 07081024). The registered address is: 447 Staines Road West, Ashford, Middlesex, TW15 2AB 

Mooji Media Ltd is exempt from audit by virtue of s479A of Companies Act 2006 

A summary of the results of the subsidiary is shown below: 

|Sales<br>Cost of sales<br>Gross profit<br>Administrative expenses<br>Trading profit<br>Interest income<br>Other income<br>Gift aid<br>Corporation tax<br>Retained profit/(loss) after tax|**Year to**<br>**2024**<br>**£**<br>118,279<br>-<br>118,279<br>(54,258)<br>64,021<br>2,312<br>(69,775)<br>-<br>(3,442)|**Year to**<br>**2023**<br>**£**<br>148,763<br>-<br>148,763<br>(55,019)<br>93,744<br>790<br>(94,500)<br>-<br>34|
|---|---|---|



26 



## **Mooji Foundation Ltd** 

Notes to the Financial Statements (continued) For the year ended 31 December 2024 

## **13 Debtors** 

|Trade debtors<br>Prepayments and accrued income<br>Other debtors<br>**Creditors: Amounts falling due within one year**<br>Trade creditors<br>Taxation and social security<br>Other creditors<br>Accruals|**Group**<br>**2024**<br>**£**<br>17,048<br>110,411<br>687<br>128,146<br>**Group**<br>**2024**<br>**£**<br>4,030<br>352<br>1,604<br>21,715<br>27,701|**Group**<br>**2023**<br>**£**<br>31,648<br>3,375<br>1,332<br>36,355<br>**Group**<br>**2023**<br>**£**<br>-<br>353<br>13,284<br>13,637|**Charity**<br>**2024**<br>**£**<br>-<br>108,036<br>19,775<br>127,811<br>**Charity**<br>**2024**<br>**£**<br>3,418<br>-<br>1,604<br>19,250<br>24,272|**Charity**<br>**2023**<br>**£**<br>-<br>1,000<br>-<br>1,000<br>**Charity**<br>**2023**<br>**£**<br>-<br>-<br>-<br>10,984<br>10,984|
|---|---|---|---|---|



## **14 Creditors: Amounts falling due within one year** 

## **15 Analysis of Net Assets between Funds** 

Fund balances at 31 December 2024 are represented by: 

|Intangible fixed assets<br>Tangible fixed assets<br>Current assets<br>Current liabilities<br>**Total net assets**|**General**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>761<br>-<br>551<br>-<br>211,646<br>860,000<br>(27,701)<br>-<br>**185,257**<br>**860,000**<br>**Unrestricted**|**Restricted**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>**-**|**Total**<br>**Funds**<br>**£**<br>**761**<br>**551**<br>**1,071,646**<br>**(27,701)**<br>**1,045,257**|
|---|---|---|---|



27 



## **Mooji Foundation Ltd** 

Notes to the Financial Statements (continued) For the year ended 31 December 2024 

## **15 Analysis of Net Assets between Funds (continued)** 

|Working capital fund<br>Contingency fund<br>Investment fund|**2023**<br>**£**<br>60,000<br>500,000<br>300,000<br>**860,000**|**Transfer**<br>**£**<br>-<br>-<br>-<br>**-**|**2024**<br>**£**<br>60,000<br>500,000<br>300,000<br>**860,000**|
|---|---|---|---|



The working capital fund represents six months' budgeted operating expenditure to meet the working capital requirements of the charity to enable to continuing of the current activities in the event of a significant drop in funding. 

## **16 Members' Liability** 

Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member. 

## **17 Related Party Transactions** 

## **Associaco - Monte Sahaja Asham (AMSA)** 

Mooji Foundation commits to supporting AMSA financially and in other aspects of running the charity. It aims to work jointly at achieving the common aim of 'The promotion of moral and spiritual welfare for the public benefit'. 

Grants are approved subject to specific grant proposals. Arrangements are dependent on AMSA's needs and Mooji Foundation's financial position. Grants were paid as per Note 6. 

Other expenditure incurred from AMSA totalled £3,548 (2023: £5,021). Income from AMSA amounted to £70,959 (2023: £100,065). 

At the year end an amount of £17,028 (2023: £28,968) was due to the group from AMSA included within trade debtors. 

During the year Mooji Media Limited paid £69,775 (2023: £94,500) in the form of gift aid to Mooji Foundation Limited. 

## **Patron** 

Anthony Paul Moo Young, the charity's patron, is employed by the subsidiary. Total costs for his employment amounted to £30,000 (2023: £30,000) included within salaries and wages. 

## **18 Reconciliation of Net Income to Net Cash Inflow from Operating Activities** 

|Net movement in funds<br>Depreciation (note 11)<br>(Increase)/Decrease in debtors<br>Increase/(Decrease) in creditors<br>**Net cash provided by operating activities**|**Group**<br>**2024**<br>**£**<br>112,832<br>646<br>(91,791)<br>14,064<br>**35,751**|**Group**<br>**2023**<br>**£**<br>(98,794)<br>646<br>(3,113)<br>(2,258)<br>**(103,519)**|**Charity**<br>**2024**<br>**£**<br>(381,288)<br>-<br>(127,811)<br>13,288<br>**(495,811)**|**Charity**<br>**2023**<br>**£**<br>(101,304)<br>-<br>-<br>2,158<br>**(99,146)**|
|---|---|---|---|---|



28