**DAVID LYNCH FOUNDATION UK FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022** **DAVID LYNCH FOUNDATION UK (A company limited by guarantee)** **DIRECTORS AND TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022** **Hastings Wade** _Chartered Certified Accountants and Registered Auditors_ **Stowmarket Suffolk** DAVID LYNCH FOUNDATION UK Fll¥ANCIAL STATF.MF.Krs FOR THE YEAR F.NDF.D 28 FEBRUARY 2022 CO￿E￿￿ 14 stateme￿ of FIne￿Ill Actlvltks 13 Balance SI￿ 16-17 N￿¢$ io the flnarnlal SMiernenis DAVID LYNCH FOUNDATION UK (A ¢omp*thy IlmSted by tw•rn*tr¢) Comp•Dy Rryi51rntlots 07933959 YEAR Ef4DED 28 FEBRUARY 2022 REPORT OF THE DIRF.cfoiLS AI¥D TRUSTEES The direc1￿ who are alw tk pyesom their reix¥1 aThl the finwial &tslanents ofthe ¢￿b￿lY forUK year en4lLxI 18 Fetfflmry YJ72. The ￿(l￿¢d ryDvi%"iurts &*L￿rnI of RtiiJmm¥hJ¢d PrdLtiLe (sORPI-Acco￿ti￿g a￿1 Rep￿1￿8 by CIwiiiei- IFRS 1021 in pIerArI￿ the atmual fmaDcial &￿eMents ofth¢ ¢1￿. The tlnthclal Aatements have Iwi ￿¢￿ed In with ￿ accoutyi￿ sd wi ID Trxes to the ccounis and comply with ihe chariry's gov¢rnin8 Chariiies Aa 2011. C(XDP8nies Au ?(K¥6, the Memi)rdndum and Ani¢les orkn4￿la1I0n. and Accouniin8 Rerffiing by Clwiiies: &aiem¢rA of Recomm¢n(kd Practicr applicable io chariiies preroring aCc(M￿ls in accordance Finandal RewMing Swmjard applicable in UK aNI Republic of Ireland publlthd in (knober ?019. RF.FF.RENCE AND ADMINISTRATIVE INFORMATION Cb*rlty N*•t- t*vkl LY￿kn F(Aw¥tsiion UK Ch•rlty Regtstnilom Number- 1146643 Compny Re%l#trntiDD Nimber- 07933959 Rtyljtered office i•d Optralional AddYtJs- 9 Garden Sqw Rcndlesham, WIKMAyrid8e. SutYDlk IP122(iW ThL' Direa(Th arL' d.% fnllows- Dr Pder Wthrtmon (CThief Exccudve ()fflc¢r) Dr IX.ir(Ire VarwLS {Ex¢atyive tXTt('l￿> Nomia Wlivan (Secrw aTra TnNee) Nig¢1 Ilarlow [￿Vid Lymth Dr J(Ihn1408eli Dr Rithyt R Prnknloul Advirrs B•nkers- CAF 25 Kkngs Hlll Aven￿ KiD8S Elill. Wesi MJlllw K¢rt. ME194JQ SollcliorJ- Wells & Brnithwai* L(th ILP. 24 IAM¥ion EC4M 6YH Indeptlldeni F.x•mi•er. Mrs CThriAine Wath. H￿IngsW￿. Clmnered Cenitltd Aryowdarts. 5840 Sioww>land Roa4 Stowinark¢L SutTolK IP14 SAL STRUCTURL GOVERNANCE ANI) MANAGEME]YT lffjl Sts¢M• Davld I.￿ Trounthiion UK (DLF UK) Is a PTIvatr c1w1￿ble c(An￿Y limlted by ¥W￿let withimjt share capltal incormed on 2 Febnwy 201? tn EnRiaThl and Wale5 and regiAered as d Lharity on 28 March ?01? The L(Jnpany was cstablisw iJ)der8 of ASyxi￿1(￿. which esublished the objeas and powers ofthe chdritdble comwLy 8j￿ k5 8oven*d its Anicks ofA&w*tlXL ID eveni c(Thpany ￿1[18 W(R￿d up durin8 thc DAVID LYNCH FOUNDATION UK IA tmp*#v limiled by g••r*iltt) com￿nY lic%istnlio• 07933959 YEAR ENDF.D 28 FEBRUARV 2022 REPORT OF THF. DIRE￿Oll$ AND TRUSTF.ES (CONTINUED) lod ofmembenhip (Y within year after. eath member untstskesio ¢￿trIb￿C 9Jch amowm, as may be r¢quir¥d n(rt ¢XLY¥diD¥ £l.IMI. App(tylDtmen¢ of Trn51ees Th¢ dirwioTS of ccdnpatry are also the charfty trus*es the pvFx)ses of charity law. As wted in th¢ Anlcles there will be *ven imluding thrre tru￿t¢S app)inlLYI by fft￿eeS ofthe [￿VId Lynth Foundatlon US and anlits fw th￿ee5 who rcsidats olthe UK (exh a'lxn.US F()w4knion Tnw-k are apwini¢d and adhere io the anlcks olA$￿￿'latIOn {Articlts?5I. All Tnmees give lime volumarily cxcern Ikith P&TS(w wlk) FK)Ids tl* rA)sltlLm ofF.xeartlve Direaor. The lern￿ of her en8aBunent out in accordance to Artick 4.6.5. tlnatKknI stt*ments of IIK dwity. Tru*lee l*ducthJD amd Tr*iDIDI New 4r¢ t¥L7uitrd 8 bw vf ofTransLf)thitJl M￿li￿(lon irdLhLY5' uf 'l"pan￿eT￿leNaI MediiatiiKJ are ￿11-knOw￿ io the Trnmces ¥J)d w￿7 havc many years, cxperienLf ofiL'achSng and working f(K IMhLY relaied ¢lwiiies. llY'TnL4 tked ￿l￿￿aleS ih* ik numl¢r of Tn￿ee5 MUA Th)1 be Itss than Ihree or mi)re Ihan s¢ven. Tr exi4ing TnNtts may aMKKni ncw Tn￿¢5 ty a res01￿11)n ofa meain8 of I.rU￿tt5. A memiw4nthJm ol'app)intmcni shall be siy*d sealed ty the F¢rw rKesldln8 the meain8 ar41 lile￿¢d by Th¥0 others pre*ni ai th¢. meeii New Tru￿¢e5 reccivL trdinin8 notes and un&r80 tTainin8 se&si(His to brief than on ihelr legal obli8Jtions under charity law and irtnkn io Tntst Clwlry ovganiMkm and managern£ni ￿n￿l￿re. the latesl aiutory aLLountS 4uKI tndlM8emLllt &c(Minis Tax law, tmploJThern jaw reDJrns io k cffliplLieiL Lhta PMteLtion ALI. the advlser5 ￿nd dCCOUtrtanls olthe CkArity a￿1 C￿rerA ikws fimye pl8Bs Ctwiry. Pollcy thc1s10￿% oftr* Ddvid LytKth F(MllX1&i￿ UK IDLF UK) are by tr Tn￿¢¢5 ond the thy io day nllJnin8 ofth. Charlty is Lanied out by thc Execulive Dire￿￿. frthn Tranwthl medi￿￿1N ie4¢hers •ry1 volunteers furCxpaTLsi￿ wMoiN￿ a￿2 fiu¥hisin8. DLF UK pHther5 with Mahar15hi Foundation (re81￿Cred chariry No. 270157. in EnglaTr1 and Wales) io employ qualified tedch¢rs of Trdnsttn(knul Medithiion 10 irach individuals and Broups for duraiit)n of DLF UK proje All those wrtln8 with DLF UK we DBS ctr¢cked to w(ffk with *4isk gTCW OWECTIVES AND ACTIVITIES The Trdvid Lynch Foun￿1￿ UK is d￿1C?(cd to ￿lping pe(TJle of all ages from all Wdlks of Ilfe in ihe UK and worl(Iwi(k overcfflie stst55. 5Uffttj￿ aTMI haTd5hiN and unfold the fidl rymemial of life. We w the 51res5-redueing grammc. T￿￿￿(e￿Ie￿al M¢ditatiiK4 which is scieniifKally ryoyen io ￿orn￿e crraiiviry. happine55, sucLe&% and ce. (hjr rndhodologies transfurn) lives frrm wtthin aAI e4)ecialty f(tus on vul￿*b￿ and disadv8n18ged 8roup& inLlwJing the h(xnel¢4 prisonas and war Yeleran5 5ufferin8 frThn Post-Trdumiiic Stre&s Disorthr (vfsDI The chariry 819) o(ters linwKia] supwrt io brin8.fran￿endU1I8l Mcditaliibn to strcwd teacbers •)d aTrJ the Intr￿1￿ of'Thid Time with Tran$￿thI Meditation- to xhool% across ihe UK. objectlves ol"Ihe CThariiy: DAVID LYNCH FOUNDATION iJK (A company limited by %•*ra•ttt) Comp*Jby Re%i51ntion N•mber 07933959 YEAR EliDLD 28 FEBRUARY 2022 REPORT OF THE DIREcfoiLS AND TRUSTF.F.S ICONTINUED) Tuchlllg Tr*mKemdemt*l M¢ditatN to vulmtrnl* grou TransccThJeNal Wii*ion is a simpk. TranraL efffflks5 ryc¢ethut ￿￿1$ed f(ff 15 10 20 minw¢s in morning and Lv¢nin8. while 51111￿ comfonabty with eyes c105cd li is a simpk mentsl lecknlq￿. which gives a qualiry of rem til mind and W. Tr iechnique allow% ￿1vity of ￿ miTrJ io s¢nlc th)ityn in a naDra] way umil li is left qUi¢L YLI wi(k awake. It allows styt&s atKI ir¢thw ￿ b¢ Lti&solYed r4nr4lly. resuliimg tn ￿81¢r L￿ergy. clarlty and enJoyrnLN of life. Anyone can p￿tise TratJ5cetht81 Medita1￿ lThe prdaice d￿$ Mi cffiflict with any belief& rel181￿J$ IY LNhcNise. Its ttnefits arc withly validJtLQ provin8 benefils in every as￿￿1 of life.. 6(K) sciernific Studies c(M¥luaed 81 ?50 Inderthdu)i universities dnd ins1itthic*)s in 33 Lountrie& published in Ovff 150 of the worl(f5 leading sclernlflc J(Rm￿ls. 'tbe medi￿1￿ c4xwse *.risk is iwght overa rffmyl ofslx rn￿. firsi *ep l() learn be8in5 wilh an 1mrThJ￿0ry (ffj'frawerthNal M¢diiatii)n { I hL)wl Followin8 this lh¢ L￿urse of iDsm￿lI￿ ¢￿sISts of fow S￿510]L$ kld over fow cmsecutlve The Yssion is a per￿￿1 Insm￿li0ti and Is conducl¢d (￿ to (I Ixxrx theqwi SekSi(ALS are gr(w swi(￿$ (1.5 hour eath Sessi(￿). In addlilon lo the inlilal c￿j[se of is a six4n(xub folloAW with Te8ul8r STO￿ t￿livI￿1 scssioTrs. whiLh arc scheduled each week fi)r tlrx mimtth and eYer> No wttks in the sffond montlL The remalnln¥ sL's5i()N% are scheduieil once a momh nvly mth)ihs aTrJ arc kkl in gnmy and for each indivldual neLfSSW. "The* se%slons ensure the individual is waL1ising Tratwumkntal Mediiaiion correaly. io gain the full benefli& Th¢ folluwllwls a Iktsiled explanatlffl of th¢ arcas of xKiety where we have Identitkd our Progrwcs (an be m051 effethlye. Chlldrt* Yown# Adlll￿ Tea¢htn *nd Tr*um•fle Jlrm: Ibt siltDI eWtmlr •mowpi ihe voi b..%idlaiin8 Stre&s IcvLls are a realiiy amongst I1￿u5and5 of childm aNI y(MJw adulis in UK who gTOW w in 4 climate of fear. ￿llyin& Viole￿¢. 5ubAw*e thtse- st￿$s thii imN*sx8thlc at wjdemilnes ￿Y51￿] a￿1 mentsl health: Our *pproi¢b- Qulet Time with TrILl¢e￿dC1tII Mtdil#tio• 'thL' ￿l¢1'1'7me with Tran￿lIK1£nIal MLdiidliwi pro￿￿￿1￿)¢ develops tt* wenttsl of the brain redu￿$ thc IILiM¢ thai W￿¢m11￿￿ Ivdrning ￿￿1th. li is a prdL1iLJL hiwy ¢ffLxiiV¢ 4ppnw¢h io pnKnole ledrnin readi￿ amon8 ￿Ul￿)Is. mthedly ¢mpr()vin8 tt*ir dca(knic w(orniance and success in lif¢ Be#rflts TraTh*LThJeNal Meditati(m aht4dy kn Iwrthed into Sch￿7$ in IJK gs well as hunthds ofpubllc. charter. dnd private sclNx)Is thr￿ the Uniled Stafrs and ar(XUKI world %upwned by an extensive W nr Inde￿￿￿1 rvsearch verifying it5 trnefit& 5thth5 lYXti51￿ Trdnscethtal ML¥Jit4tion sC(Yc higlKr on Intelllgthce test& close the dchieveuth gaN imryove test scores aThJ higkn ￿aduatIon ckm thrdn Be￿al wffikforcc bul are less likely io ￿k¢ ilme olTwork as a result" (MIND 20191. Re%uli% in ￿ NIIS rLwI suw dnxierylsl￿lkW¢￿lj(￿'￿hLY P%yLliidlriL Illn¢ssL% ￿ LLVllt%ienily ilie Iiio%i ieikned reasons Sickne￿ {NIIS 20211 Our Mppro*¢h- TM milk•¢¢ m*M8tme•t prfqr••mt A ihrL'e phased pr(igrdtnme including: Phase l.. This se&sMM inir(xlu(es'l'M as an evidcntt.baxd icchDiV aTrl an overview str￿Ure and of the FJntt8ew SLTYiLes Pro8rJmme. P￿Se 2: Instn*d(￿ In TM- Is in4n￿ed by a ccnificd TM In￿n￿or in knw lo mcdltate correctly for maximwn ber)efii In daily Ilfe. Ph&%e 3: Follow.up s¢minar5. TIKse s¢mit4rs ￿1p 5tabilige c￿rea of TM gNI pAniciwts' IniLllectual utulLwandin8 of lis mfchwics effea& Bell¥flts: Rl￿arch h&5 sIM)wn effeas of'tm ID key ms rekvarA io ffsilience rnanagcmet4: -NLuruplaAiciry: the Larrfiiy ofthe brain io hrnl stre￿ wxt trawna aThJ forge n¢w wral p8thway$ for healthier beI￿VIOUr al￿ litthtyl .F.llhancing resi1￿ce as tly kry to red￿1￿ imw of and MrlIn￿8. .Imw of TM on irnprovin8 wdiovaslidar heal￿ graW￿lD8 imrnunity. aThl slowing wing prrces& 4wrowth iTrfhappints% and dev¢li)rKneDi of (ULSCkXW￿ Ibffw8h * IN Wa¢￿¢. The HomelegJ- re-e•iry programnbt Addrejsing the rtsithl thle of bOmeles￿ ID iht iJlL. The ey41oiewe of Imelessm 15 traum￿¢ i501%tin& a￿1 and h(xnele&s wle are ofthe mo vulnerable aThl excluthd in ￿ s(Kiery. Marty wle have wffercd thwesslng LxrKrienc¢s thai hav¢ led 10 IM)melesS￿￿ as th)m¢yic ￿01c￿e. trffcakth)Mm of 8 ff]aiioTh%hip: Ios5 oftheir h￿ne. Aeeing perS¢LllMion from animher ¢(HJnty; and gkth)I misw or I￿[th rxoblans. DAVID LYNCH FOUIWATION UK (A compny limited by gu*rn*tee) CompADy RegiMr8tion Ntsmber 07933959 YEAR E￿￿ED 28 FEBRUARY 2022 RF.PORT OF THF. DtRF.cfoRS AND TRUSTEES (CONTINUED) Al()ng wlth PTO￿ hous1￿ educatio￿ job trdinin& and a network ofqualificd sirn d*se adu]ts and chil(i M￿1( be e4uippLd ihL t()()1s lu ()vrrLL7llL trdimidliL thjt fi*ll¢il th¢irdrywii hDmLIL&%Ties& Ther£ styesses. il. left Unc￿Cke¢ often ca￿<￿ ih(Th ii) relap¢£. Our appro•¢h Th¢ l)avid Lynch Foun(iaiion IJK offers Tr￿n￿en(kn￿l medi￿[10n as a Te*n pr()grdmme for the himele8s'. a rraLliCJ]. highty eff￿1ve an)TrMch io overc(xn¢ the trdutn81ic stresses thdi fi*lled thlir de￿en1 INO h￿nCLebsne&S and ulable tr*ir rc- lniegrd￿n inio swiery and io fvtfil their pol¢nu￿. Bettefits Res&wLh has bhown thai Tran￿(M￿n￿l medi￿110n ￿ help in r￿UcIng Kuie and clronic th&s ¥nd stress.related disordeN including anxiety and depIL.￿l{}n. In additio￿ iKY*fiis fr￿￿ re￿aT praai¢¢ show tx)ieniial io overcome addictions. an increase in self-esieem and inner cabnneKs impr()v¢d an()iional wellktng. 'I"ransLrndental Meditaiion also promiKes h¢8lthy. coh¢r¥)i brain fwiUi￿in8- the Ethsis for improved decision-making. judgment. and impulse Lontrol io supwn a healthy, pnmknive. s¢lf-gJfficient lifr. R¢h•blllt4tkbn for Prountrs *nd OffeAders Bre4klo1 ¢he ¢yde: A sl¥nificarn propiiniou ofLTime is commined by oATendffs who have multiple probIL￿& l.'vithce sl￿W$ thai drug depa￿y, mental Illne￿ stres% fnLwatior4 and EK)or ¢d￿li0n fv¢l Lyiminal I￿havioUr. The origi￿4 uf crimitui belwvilxw Can ofia) be ￿4¢¢d Eod( io ￿ long-iLYm itnpaci oftrawndlil Sircss. lJnless # rehdbilitali(m pro￿dmMC fi)r the men and women in prison c[rL￿1velY tar8eis this di50rdcr, Tehabilitaiii>n i¥ oIILn inetTeaive. and i￿areeratIOn a￿1 reconviLlion rdles will not be reduced and even incre85e.'fhi4 resulis in cunsid¢rJblL ￿1n Jnd sulliring for the vidims of crime. signilicanl exI￿nSe to iawyeT& and wl)5Miiial Wdstc of the liv￿ ol.1h￿ Impris()￿d. Our appro￿ts - Freedom Hehlnd ￿rI For 3.$ ye￿. 1rd￿endental MLdiialiun has been tau8ht with si8nifJcant io irllnales and gwrds In pris(MLS in lh¢ IJSA, inLluding San ¢Jueniin. Fol￿, and Walpole. ln 2015116 piloi pn)8rdmrnes were ￿.11¥L￿ed to pri50ncrs and prison ￿SOnneL Én two pris(￿ in As w ofa new rt&¥rch #udy. fillther UK proj¢cis are being d¢v¢10￿d in this area in the coming Y￿r. B¢neflts Trar￿￿endental Meditation brings abo￿ deep ￿laxall￿ and relief fr(xn sues& anxiery. and Ikpression. has been ILTrUTMI lu result in feweT Tule infrdL1ion5 d5 ￿1] ds ￿LI￿VILl10n rdlL& Al411, th¢ le¢hni4ue is t learn and requi￿5 no ￿£1]er or clw in lifestyle and can be prndised individually or as rfjn ora group. This programme can help wÉth the genuine rehbill1￿lffl ofotTenthr5 ty liftin8 the opwEsslve suess wlthin the prI￿n Lommw)ity Ihat undcrn]ines eximing le￿bIll￿1]0n progrdmrnes. Famllkj and CommuJltk$ Reqoh4ng ¢r59e$ flmllleg gnd ¢ommwni¢Ks: The he4lth and well-being of the family i5 Cn￿la1 to the development dnd strength ofour communiti¢& Many Trulnerable fd. milies are alTecied hy rmb]e￿S thai are prevalettt in their envlronmenl swh as and olwhol abuse, crime, rnelltsl homelessne&s and unemploymeM. Our approach- simple nat¥rdl effortkss ￿￿111•110• Transcendental Mediiation help streng11￿ rLlatiOll5hips and contribu* io the stsbiliry of fotllity life in KKiety. This stress•reducingmedI￿UOll wograllune helps fd. milies aTMI c(Anmuniiies in diffiallty. as well as educational OrgaDisatiO￿ facing the deleterious effeds ofextreme DAVID LYNCII FOl￿￿AT[oN UK (A ¢wp•#y limi￿ by D*r*•ttt) Rcttytr4lio• Nwbtr 07933959 YEAR ENDED 2¥ FEBRUARY 2022 REPOXT OF THF. DIRECTOILS AND TRu￿F.F.5 (Co￿1￿UED) Bt#er SL'ientifiL rLxarLh TrdnSll￿kll￿ Medi1¥li￿ rethK'ts ¥nd impr(JVL% ¥¢I￿al menul dTJd ￿]Y51l41 wL'II-bein8. When re8ularfy praciised momiD8 and evenin& this wryr&nme gives (kyp re]wii(ML which proviik balance ti) mlnd iKNJy.'th15 red￿e5 anxiety and Ikpression. devel(ys inner cahnw Jnd W￿D(￿eS ￿ter *lf. bsteem and inLTe&sed happiw. ACHtEVEMENfs TO 28 FEBRUARY 2022 Emeryem¢y StrvKu resilitntt proRrammt r)Lf UK WdS awardL.d a L?O,000 grdni by P0￿C￿￿ Places Tnjm io be used in of England aTed. As g resulL ihe DLI." IIK was dble to lexh Trdnscendenul medI￿10n ii) 50 ambulance servScL ￿aff in the N()rfolk area AUg￿t tkcember ?021. Fur￿￿ fill￿5 were rdised by donaiion io COVLY Ci)¥1s of an dddliii)nal 10 mbulan(Y io learn TM a￿1 io L7)verco￿5 of gn evalwM)n of wojea for￿ phni¢ipynis. R¢¥•rrh: . Quic¢ Tlrne r¢wr¢h ￿bI￿all0￿. FnJ•ws ofp%ycholw. 24 J••*iry 2022 (*na¢hed Ap￿dts l) Following i)n In)m ￿1¢1 Tiiii¢ pn)j¢ils intro￿¢¢d to yi*s J aTMI 6 #uiknts in 8 L(XKI()n prinw ￿h￿}land 2 prim¥ry %lMM)L4 In Bund(m Irelan& d resc￿ch Li)ntkned in colldhnti()n wlih rL'*arthcrs 81 UnlvLY%iIy Colle8¢ Lfflth)n University ofw¢stsnin4er. dnd Univ¢rsity Li)Ilege t)ublin w8s publlshed in journal Ironllers af PSyc1￿0&y. The found Ihat Transca￿1 M¢%titsii(ffi (TM} wlxn fnr a fcw MIn￿¢S 4wice ddlly. Improved wi)rkin8 tnemw L(xnpared io c(IM￿l 8nM U•fverJlty of C•mbrid¢e re*•r¢b I)LF UK is collatrxrthin8 with12LAu￿ a Researrh AsgKiaic in ik Ikpornneni of Psychology. LamEffidge Con5L'iOU5ness Co¥nilion l.ab at ilK. lJniversiry ol"C#mbridge, io c(mduL1 u study of thL etlcLI durin8 TM 'the will involve a￿ty51n8 L"LG inf(rmailon Lffljplexlty and F.EG inf(miatlun llow durin¥ miyliidiiir sLlte u140 Wdni¢iFdDtS Fr&1isi￿ TN( 'IknL iniiidl rewrLh will ￿ d pilIK iK.g]￿lu1￿¥ in 2022 and d catalysi fur J fiwre larp>ok rmFa. E￿]ul￿OI of ¢he bt•eflLi of TM for 4mb¥l•￿ thff Drawing on do￿￿￿. srtcillLally by Keith Caihy Park¢r alon8 wirh tr BarLldys M￿Ch Fw￿1￿8 Kheml Irep)ned in the.rr￿￿e¢.s ann￿1 repm 2￿￿20!1 i. The proieu will be cvaluatcd through oniine surveys ¢i)mplth¢d by the pani¢ipnis we a￿1 evalu*ion will be ¢(￿d￿¢d in collatrx)raiion with Myharlshi Internadonal Unlvusiiy. llo￿ US. EvIl￿tIon ofTM tayibi to xerylthg militlry ￿r￿*the1 r.unds raised by Maharithi F(Mthddli(¥) will contrib￿¢ io itLSmJctln8 JO mllttary who aTe a miliidry recO￿Yy Cent￿ in 202? 'll* DLF UK will be fiumkd to mana8c an evaluaiion lif ihe projec¢. Priso• projects TM In￿n￿li1)n In pri9X)s Irdve i￿1 c￿en￿kd thls yegr ￿ io l&k of fithd1￿ We knpe to ￿t￿eT with ¢Jher orgdnisati()ns to apply for 8rnnt5 In this att*. Women'J' Iorfi*iive% The collat￿￿11(￿ {￿XiTh￿d thls Y￿ with tre Amy WfinehLW F￿J￿JaIl1X1'￿ 'Amy's sp*e-. to *ach TM to resithnis. TM l• bwslness The Super Mind programme ths18￿d io ittl￿]￿r.[m in INtsin￿ was thlive￿￿ io Simon and SclMLSter employees in May 2021. 'lThls inclth a serles of talk5 over three TwcdK& 'llow 10 enj￿ 8 tr4]anced life.. presenied by Ni8d Barli)w and tk.irdre Parw&' Week l Theme'fm llltnmknim •1 'Hw MIAI. Week 2 TIKmiL'. 'Heatthy W. Week 3 Theme: 'Har￿￿ing yIMf Jnner P￿e￿id.. DAVID LYNCH FOUNDATION UK IA ¢¢)mp*tty lirniitd by t•*r*nlee) Comp*tty Re¢i$tnliom Nwthber In933959 YEAR ENDED 28 FF.BRUARY 2022 REPORT OF THE DIRF.cfoiLS AND TRUSTEES {CONTINUED) DLF UK re¢rr•¢ An unli￿. mfftiin¥ Trtsr4t W&5 tu SlWffi¢rs 1)fllK' DLF UK. li pn)v¢d s￿￿￿¥$ful and was wsilive feethxk from ￿ panicikwts io plan simitsr ccrtuses in ￿ture. Tr retrr41 involved ynN breathing exe￿1 exiend¢d medithunn w￿l¢e. knowledge atyl ¢thscussTh ofmcditstiLM exy*r￿eS. SpoDsonhlp 'llJe DLF ISK i)ITirs lull and paftidl SPM)wthp for indiv1th￿l5 An need WIM) carn￿ aff4wd io pay for the stsndard Lourse feL' f()r'l'M. Hell the H¢4krs Now UK ca￿￿18￿ ((¥llin￿5 from 2021 to offer th]ar5hips and discouNcd 'rM courses io medical pwfe5sionab. Socw Meth. PH webslle Thl DLF IJK Li)nlin￿5 to rdise ￿nCr115 of Transc*￿ental Mediiaiion for the public and for vulnLYable di5advaNd8cd ￿ ihn)u8h s(thl mcdi& website. aT￿ nctwthi DLF L'K PDd¢aJts- CHANGL IJI.(7lNS WITlll Nigel Barlow, l)I.F IJK Tr￿ce aThl TM ￿¥1yr. a series of ￿tha#s.. -De[nYAifyin￿ MedithiKxJ - wlwi'l"M is a￿1 i￿.1.. -The Evi(knLI. Ilase.. -I'M dIi41 Crn'dllvily.. h I'XThK -'I'hc wurk L)rrhvid I.￿h Fwnd'diion- CEO Bob ￿￿h S￿ak$.. Tlm¢J Ilttknnd) artkk publi&hed 13th1.i*nwy: 'mediUti￿ trial impnThed pupils. workin8 mem(ny' (Colin Cuyk.) Idii&hed aniLIL Apr*ndix ? and press. rclea* AN)eThlix 3). A re[￿ ￿let audy cojmluaed by Univcrslty Ciillcge l.ondon Ilnivcrsity of we5th11n￿tt. *Thl ljnivttsity Ldk8e Lxthlin tht publlshed in the joumal l.rortlerJ OfPs)rholo￿. DAVM LYNCH FOUNDATION UK {A Apptrth 1 A Demonstration Study of the Qulet rime Tran8C8ndental Medltstlon Program ## **DAVID LYNCH FOUNDATION UK (A company limited by guarantee) Company Registration Number 07933959 YEAR ENDED 28 FEBRUARY 2022** ## **REPORT OF THE DIRECTORS AND TRUSTEES (CONTINUED)** ## Appendix2 **9** DAVID LYNCH FOUNDATION UK (A coM￿￿Y limited by gu*ra•ttt) Comp*ny Registrn¢w)n N¥mber 07933959 YEAR ENDED 28 FEBRUARY 2022 REPORT OF THE DIRECTOILS AI¥D TRUSfEES Ic0￿1NUED) APPENDIX 3 25 Febru*ry 2022 Contaet: D¥vld Hwghes 07498476520 d*vid.h¥gheQo ¢m.ory TRANscENDE￿AL MEDITATION IMPROVES WORKING MEMORY IN SCHOOLS sfuDY FINDS A re5rd￿h study published in the journal Fromiers ofPSWknlo￿ bas thai Trdn5LYn(ky)tal Meditaiion (TMX a sin)pk menial t¢¢t￿14ue rffaciised (OT a few minutes twice daily, imprDved working mcmury compar¢d to control gTVUP¥ iri pupils at Iwo priuidry ￿}￿01$ iu di¢ R¢publii th[IT¢1￿*d ￿MI iti UK. "WorftillB metDOry is 4 bit like a Mental"￿1¢kY n￿¢..explained one of the *udy's athhors Orla th)yle. kns(Kidte ProILs￿r at University CollLge Djblin Schwl ()(EcoTh)mic& inierviewed on the Demoi & I￿ve radio shciw on Today FM in Ireland."Ii helps you to hold inf(Jrn?auon in mtrf and then ￿ it. For child￿￿ ihis is knp(1rt2nt - workin¥ memory helps them io C￿￿enIrdtC (Trn all ￿ stw involved with sol%ing problems" The study. ccfflducted in collalx)Nion with Tesearchers * Universty Colle8e London and the Universlty of W¢¥Uni￿￿ter. ￿Med io assess thL. fcaslbility of impILine￿Ing and evaluatln8'W Time.- 8 proyamme uslng Tran8L¢n(kNal Meditatiun in SLlwl& Children p8nicipaiing in Quiet'l ime sp￿d 10-15 minuies prnciisin8 TM ai IIK. t¢ginnin8 ofthe sch(K)I day, and another 10-15 minwes ai the Lmd. TM Icaihln8 was dellvered through ￿ David l.ytth U IAwkn8 TNL the brdln galns a m(ffe iNegraied 51yle of fimctithin8 aS9xl&ed with Improved ment81 ￿[￿rn￿l￿. und cw41ivlry, whSle the tKKly gains a suc of (kyp reg. T￿aLl￿TS athnln15tering (J]iei Time are trained in Tran￿en1￿.￿ldI Meditstion Iwo m¢)ntsLS' before the pupils io familiarise them with the Wa￿lee. and sw>ervi* the meditation se&siuns each day. The reseJxclws' f(iund thai Mu(knis' perfomi•Ke in a series ofwks impn)ved after ily medtthicd nyice a day for rtsur months. SiudL'n¢s 'memories improved more than d L￿trol dnd in Ireland the researchers also f(HJnd impToved re￿lIOn in a SmN)p which meayjres t*ain.Tesp)w lime& in the TM gr￿p. Girls WIK) panicipaied in lh¢ ]rish St￿ al￿ experienced-fewer frelin85 ofa8Wi(*K fe8r and fnmtion.- Well￿1n8 outcwies were n()t measured iti the UK setti In the Irish siudy."We didn'i fi￿1 any effecls on what we call s￿10￿M￿l(￿￿1 owcome&" said Orla DoylL,"but we dtd find dut thildren were bL*ter dble io cfflirol their rcskY)nses. We call thi5 inhibitcry control... your ability 10 delay 8fdtiticaiion. The kids were better able to Co￿¢ntratC, whiLh means they were less likety io be di5traci&l. Thls Is imponani in this day and age. wlKn We'￿ all dimwed by our phones. So m05t of the effeL1s that we did Ilnd were m(Ke in the I¢arninglc(￿￿entratI{￿VgThiwth DJind5d.- TrJrhers in the UK and Irish schools reported that ￿ majority of s1￿1cnts looked forward to prnLlising thelr meditatiotL and that the pn)gramme was easy to implemthi. "W¢ found that parent5 were Iwpy to allow I￿1r children io do meditatio￿- said Orla Doyle.- The teachLYS were happy io be trained to ¢kliver it, and ￿ did actually implemem (￿1¢1 Time every single &dy. for 15 rninutes ai the stan of the day atMI 15 rninutes at the end of the day.- DAVID LYNCH FOUNDATION iiK (A cOm￿NY limited by ery*r*#tee) Com￿RY Regi5tratiOll NDmber 07933959 YEAR E,YD£D 28 FEBRUARY 2022 REPORT OF THE DIRECTOILS AND TRu￿EE5 IcoNfiNUED) The snull Sample size- I￿ pw)ils in Ire]and and 89 in UK- did not result in"$￿11$U¢?l SI￿]rIcance. for most utL()m¢s. Bui the duthuri ¥￿¢)7 fllyjings. are an(1 wuuw P￿ri1 fftym in full.sLale randomised trial.- And they cfflcluded that fllne- tnay be-a viable and a(rernable prauice in a sclKxJl.based setting." Asked on the rndio shiTrw trisb gov¢rntDeni"slK)uld step in at and ￿art fimding this sort of thin&" Orld tk)yle r&%ponded thai'l (hink il's a Lheap Inve￿Ie1￿. li's importattt obviously io provi(k literacy pn)gratnme& numernLy ￿Ogramme& things like thaL bui these meditatim ryogrdn]mes are Th)1 e￿nsiVe and Ldn effectlve. (￿let Time co￿$ dly)ut 230 euros ￿ child perytar. and moa of COSL is for the TM miiirners to go In and trnin the teachers in how io deliver it. "I'm an economlst. I care about invesmieni. And m05t of my reSe8￿h is about trytn8 to figuTe (Mh whai is the b&ql way we can invest in w children. B¢cause if we inveM in children ni)w, they have better ouicomcK ihey ￿8Y in sih(Nil. thry're more likely 10 gei a better job. more likely to pay their ihey're le&s likely 10 be on wellare. and less likely to be invtslved in crim¢. Essernially it 15 mwh more cosi*ffective for the governmenl to intervene when hililren are youn8, than tts deal with the problems when children aye olthr. "lThls Is such a low￿0￿ inl¢rvention, I would say the rettwD M investynenl is goin8 to ￿ quite hlgh.- Even though less lime would ￿ available for Irdrning In the sch￿1 day if a mcditatlon prowme was introduce¢ the oulcomes would ju4ify IL she su88esied. "If childrtn S￿nd ihirty rninthes mediiatin& thai means they less lime learni￿ however. when Llass slarts they are better abk to con¢LryJiraie. aNI rhry dre more r￿ssed ihai rnea￿ are 8oin8 10 gel ihvough more maierial in a shffler am(xmi of Ith￿. "%0 often It's not a1￿ul ihe quarniry of iimc the ehildren are learn1￿ qulity ofthe kamin8 within that time." The study adds to eVide￿e fnrfn ar(MJnd ￿ world su88e5tin8 that Tratlscathtal Medi￿￿On may have a wsiiive Tole io play In an eth￿atIonal setting. UK & Europe In 2017 the Erasmus+ Edw￿7¢￿ progr￿¢ of tr E￿0￿7 c(wisS*)￿ awarded Él,000.fKX) for two E￿o￿an pribjeLls imple￿entIt￿ Trdns¢¢n(kntsl ml￿lId[lun in 5Lhwls in PortugaL Swed¢r4 Tr Neil]erldnd¥ UIL IIK, lidly and Belglum wlth the aim to prci'eni violerK¢ and rddicali5alion dnd prunoie irKlusive educaiion. 4,000 studen ie8ch¢rs and parents leamed TM. llve was a retK)nd 400/0 reduL1i(xJ in stress. iU)xiery and depression amungst uden¢s. and TL.ductiuns in ieacher bwnouL The project and lis evaluali(m were preseni¢d in Brussels in January 2020, kading io a wsitive report fr(An the EU CoDMnissiorL Ikiails can ￿ lound herc.. Iri ', Central & South Ameri¢* In Brdzil, thuusands of School children prnctise Trawenthrrtal Meditsii(m as F•rt of their daily muttne. In Mexico over 450 sch￿)[￿ have adorned TM with m(rc than so.1￿ children praai5ing the iechnlque. Jose Gcrnian EspiThiza santIb￿l. the Direclor GeTher￿ f(Y SccoTNJary Education of the Ikparttnem of F.d￿allo￿ said: %h(x)Is where Transcendental Medilalion was IntrOd￿ttl we a muth higl*r &athiiL ieyel and a bigher level of efftciency than in ￿h¢T SCI￿1&. In Colombia, Catholic Priest Father Gabrkl Mejia Iw helF¢d rehabilI￿e over 50.IMXI stred children wilh the help of Trawendentsl Meditation. In Per￿ over 50.(M>O ￿h￿l cbildrn praLtisr TM 85 ￿ of the sch￿1 Since its implemcntstion academiL results have gme up and childTh's behavi(Kw at sthool and hfflie has iEnproved DAVtD LYNCH FOUNDATION UK (A comp*ny limited by gu•rx#lee) Comp*ny Regis¢r*¢wtt Numi*r 07933959 YEAR ENDED 28 FEBRUARY 2022 REPORT OF THE DIREcfoiLS AND TRu￿EEs ICONTINUED) IDdottesia In Ilali, 13,0(K) students and teachers iti ovtt 50 schcols have kart￿d"[r￿nsCenth￿tsI Meditation. 11)e Minl#er of Education lor 14d]i sai(L 'Vlhen we implonutt the Tranxethtal Medithiion technique and Consciousne&s-Based IAll¢auor4 ￿ fvlfil the of e(k￿li0n." I,"uJther inforniaiion: 'Frdnscen(kmal M¢diiaiion was intr{th￿ io the UK and IrelaThl in 19601ry Prfahari5hi Mahesh Yogi. 11)e technique 14 taught &4 a ￿d0rdIscd cwrse worldwith by Maharishi Foundaiion. The David Lynch l.'oundation UK supryms courses in TM Trictiins oftraumaiic siress, including prisO￿r$. the homeles¥ wle in drug and alcohol rehabilita11()￿ forces vderans with VtSD. and front-li￿ NIIS workers. TM ha5 IKen resedrched in ovcr 350.4udie% ¢kning the paa 50 years, wilh rcsujis. including extensive beneflts 10 health and wellbein8, publis1￿d in world's1¢8din8 scieniific and medical journals. Ten milli(m peopk worldwide have learned'lranscenthnthl Meditsljo￿ a￿U￿j 250.(M)O of them in ihe UK Transcendental Mcdiiaiion.. .Im.() Research ()n TTrmYen(knt81 Mediraiion: 'w 12 DAVID LYNCH FOUNDATTON UK (A company limited by ￿anA1¢e) Company Kegistralio• Number 07933959 YLIR ENDED 28 FEBRUARY 2022 REPORT OF THE DIREcfoiLS AIYD TRUSTEES (CONTINUED) FINANCIAL REVIEW DLF UK aL1S under licence io ieach"I'M frotll Maharishi FouDdaiion (registered educational charity no. 2701571. the offiLial provider of Trdnscendenlal Medithiion in In thi5 C(Kbtext, DLF UK makes g small cffltribution 10 MF UK for each project and for ¢I￿h individual T The Dl.F UK makes regularmonthly pdyrnents io repay a slan-up k>an from the %piriiual Regeneraiion Movemeni (SRMI (registered charity w. 204025). tkning the Covi¢&1g pan(kmic re5triclii)ns, the Trusiees ofsRN approved for the mfflthly payments to be susperthd until regular TM iexhing can ￿ reAllll￿. Incorne for the charity to 28 Febnwry 2022 w&$ £86.648 (excludin8 loan5}: this I￿￿￿e$ donations. teaching ommissiI)n, courses aT￿ fijthising evcrA& PUBLIC BF.NF.FIT STATEME This #aiement ccrnplies with ihe thny in sectiim 17 Ibf the Clwiiies Aa 2011 io have regard to publiL benefii 8uidancL' Nblished by the Cljariiy L￿nmI&S1o￿ We have reviewed this guidan¢e Wh￿ reviewin8 LMW alm% and objellivcs Jtmj in plannin8 athiviue5. The TnL*tts Co￿%]der how planncd aaiviiies will Li)ntribute io the aims and objeL1iYes ihLry havc set. RESERVES Ihe"lr￿stceS are satisfied that clwity h&5 athqwie to carry Its day4￿ day funalons SMALL COMPANY EXEMPTION 'Thls rep￿ has been PTcpared ID KL(Yda￿t the plljv1sk0￿ of Pan 15 of the C(xnpanles A￿ 2(KJ6 relaling to small companle& This r¢wYt WJS appn)ved by the B(wd on 13 DAVID LYNCH FOUNDATION UK {A ¢omp¥Ay limited by ￿￿rantee) Comp*tty Registratio* 07933959 YEAR ENDED 28 FEBRUARY 2022 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTF.F.S OF DAVID LYNCH FOiJNDATION UK I repon i)n the a¢ciMtnis ofthe COm￿lY for the year en&d 28 Febnwy 2022 which are set out OM P8es 15 to 25. Respoasibili¢iey basis of As the ch8riry's mLqees of the C(Mnpany (who are also direaors of the ClMDpany lor the puryy)ses of cimnpany law). yi)u resp)nsibl¢ forthe prepardtion ofthe accounts in accordan¢e with the requiTemcnis of the Comwi¢s Au 2n[￿ Cihe 2(M)6 Aci-). Hdvill8 satisfied myself thai the acc4X￿(S lompany are nol requircd io be audited under I'art 16 of ihc 20( Aci and are eligible fly in&pe￿￿ ex#minatio￿ I retM)n in respe£1 of my exaMi￿110n ofyour COm￿ny.5 accounis as carried out under SLftion 145 of the Llwiii¢s Aa ?01 i {'Mhe 2011 Act"). In Carrying out my exami￿lIOn I have follo￿d th¢ Dirertions given by the LTharity C(￿￿mission section 1495Xbl ofthe 2011 Act. IndepeDdeDt examinerfj I hav¢ Lwipl¢(ed my exdminaLiurL l LonfTh thii mall¢TS have cume lu my attth]ti¢)n in connection with the exami￿tion giving me cause to bclieve th￿. accowiiin8 reLords were kqrt in Xeordancc with Seal(￿ 386 of the C(mpanles Aa 2(N)6; or thr accounts do not accffd Mith yjch rec(*th; or the aLcounts do nol L(Thply with rekvam accounting Tequiranaxs utts seaion 396 of the CÉNn￿lieS ALI 2006 thr ihan any Teiwircmeni thai the alcwnis 8ive a'tr￿ and fair, view whith is not 8 matter ¢Oll5i¢knd ￿ part of an indcrtndeni examination; or th¢ accounts have not been prepared in *cordatKe with medmmts and principles nf the Siatemeni or Recommend¢d Praciice fiK accounting and rewiin8 hy Lhariiies lapplieable io ch*riii¢s preparing their accounis in acc()rdance with the Fitw)cial Rep)rtin8 Swi(lJrd aHylicable in the UK dnd Republic ()I' Ire18nd (FRS10211. I have no conLLYtL% and have c(rtne across rm) (xher m*t¢rs in connection with the examinalion io which anendon should be drdwn in this repjrt in o￿tr io enable a rKtyr unikNandin8ofthc xcounis io b¢ TeacheiL Chrlsrine D Wok l.CC.'A Ha5tlngsWa( Chartered CertlfiedAcevuthmlJ 58-60 ￿0￿*plaI￿ Rood Siowmarkei suffolk IJ'14 SAL 14 DAVID LYNCH FOUNDATION UK (A eomp*ttv limited by y*ramtet) coM￿￿V Registr*tio# Nwmbtr 07933959 YEAR EfqDED 28 FEBRUARY 2022 STATEMENT OF FINANCIAL A￿1v￿rIEs (i•cl•dillg iDcome ond exp¢Adit4re aCCOUDt) FOR THE YEAR ENDED 28 FEBRUARY 2022 Noie UnTestrK*d ReStr￿ed Funds 2022 Total Funds 2022 Tot81 Funds 2021 2022 INCOMING RESOURLES Imcomimg resourtts from wr*¢ed fvnds Volunldry IKome IknaiiiNJs including gift aid 40.1 1,340 41,512 22.176 A¢tlvltles for gentratimg fund5 Fun(traisin8 Imvestment itttomt Bank Inlerest from cbaritable A¢liil¢ks 21606 22.528 45,134 39.203 62.780 23.868 86,648 61,441 RESOURCES EXPENDED Cojt of yoerntlng rundralslng Cbarltsble ictlvltks 29.598 20.535 50.133 12,601 Govermmee coyts 35.926 35,926 18,031 Tot•1 rew•rru eipemded 65.524 20,535 86.059 31.232 Net in¢oml*8 re8ourees (2,744) 3J33 $89 30,209 Net I￿VeMent ill (2,744) 3.333 589 30,209 B*Jantt5 brou￿1 S)rward 26,988 26,988 (3,221) lattees elrried thrnrd 24244 3,333 27.577 26,988 The aDDex¢d Thmes form ￿ inte￿& part of thc5e financial swanems 15 DAVID LYNCH FOUNDATION UK {A compamy lirniled by guarantee) Compa•y Rtgistratim Number 07933959 YEAR ENDED 28 FEBRUARY 2022 BALANCE SHEET AS AT 28 FEBRUARY 2022 Unr¢stric*d funds. 20?2 Restriaed fund 2022 Total Trill)ds 2022 Tothl Funds 2021 Ntxe FIXED ASSF.TS tniongible a&4ets Tangible assels 1,170 CIJRRENf ASSEI'S tkbt¢ys Lash ai bank aod in haTrJ 10 475 41,520 38,917 14.733 53.650 38.917 14.733 S3.650 41.995 LREDITORS Amow}￿ falling d￿ withln one year (5.059) (121KI) (6259) (3.996) Nf:T CURREN'I. ASSF.TS 33,858 13.533 47.391 37.999 "roTAL ASSETh LE'SS CURJITr.NT LIABILITIF.S 34.848 13.533 48.381 39,169 CRF.r)rroRS Amounis fallin8 after more thoD One year {10.frtM) (lo.2￿) (20,804} (12,181) NET A%SE'I'S 24244 3.333 27.577 26.988 ljnrestricted fund Restricted fund 24.2 24.244 3.333 26.988 3.333 Total charity fijnds 24.244 3.333 ?7,577 26,9188 The ci)mpany is entided to exemrn1￿ frLxD 4ulii un(kr Sertion 477 ofthe Canpanies Aa 2(XI6 for the yearend¢d 28 Febnwy 2¢X22. The mern￿rs have Nulred the ¢￿panY io olrtain an a￿111 of its flrwKial swements for the year a)ded 28 Febnwy 2022 In accordance with Seaiim 476 of the C(xllpanies 2{￿. The directors ¥knowledge their resrymsibilities for. a) Ensuring ih& the comFHny keeps accounting rccfffth whith Ll)Jnpty Seaion S 386 a￿1 387 of the Companies 2(M)6 and b) Preparing luwKia] ￿￿eMentS which give a tsue a￿] fair view of the stsie of affairs. ofthe company as * Ihe eTrJ of each yvdr and L)f ils profil or10&s foT each fitwial year in acc(the with th¢ requlremeths of SLYiions 394 and 395 and wthich (rtlwwise compty with the requirano)is of the COm￿nieS kn 2(M16 rciatiDg ¢0 fi￿ncIal statemeffi￿ far as applicable to the c(Knpany. (Coniinued overfeaD 16 DAVID LYNCH FOUNDATION iJK (A compally limi¢td by tw*r•*tee) Comp*By RegiStrat￿D 07933959 YEAR EIYDED 28 FEBRUARY 2022 BALANCE SHEET AS AT 28 FEBRUARY 2022 (eomtslued) The fmancial statements have been ￿t￿Ted in accordan￿ with the 4￿la1 wovisions of Pan IJ ofthe C(xn￿nLCs ALt 2006 rvlatin¥ tu i1￿￿niC$. The financlal 5t¥temenis wtre appmve(I by EoaTd of Directors on 2022 Signed on bthalf of ihe B( tk'irdre Parsons DirLYior The armexed noies forni an integrdl pan of thL¥t financial swan¢nt5 17 DAVID LYNCH FOUNDATION UK (A com￿lY limited by gwJra#tee) CfJmpaTry Registralioi N•mbeT 07933959 YEAK ENDED 28 FEBRUARY 2022 NOTES ACCOUNTING POLICIES The princ&pai dccournin8 are sijmmarisaj I￿low. The accourning ￿lIcI¢S have ￿en anylied constsienily through0￿ the ye¢W. Basis of preparaii 1.he are p￿￿Ted on a going Clmrn basis unthr hI￿Or101 ¢01 convention. The linancial stdiements haye tten prewd in aCcOrda￿e with AecouMin8 and Reponing by Chariiie5.' StsieTneni of Rec(xnm¥nikd Practice ISUtiPk applicable io chariiies prying their a¢couNs in accordanee with ihc FinanLidl lictrf)rtitig SiandJrd applioble in the UK and the Republic uf Ir¢land i$8ued (ktober 2019. the FirwiLidl IleTK)rtin8 Standard an)licabl¢ in ih¢ Uniied Kingdom arbd R¢public of Ireland (FRS102), the Charilies AL'I 2UI l. the C￿mpanieS AL'I 2006 and UK Ger*rnlly Accerned AccouNing Prdaice. financial stsiements are [￿e￿nted in sterling and Tounded to the powi(L The clwity Cc¢￿1￿)￿ a publi¢ benefit entiry as defined by FIiS 102. CompAny stat￿$ 'The charity is a prEvate c(Mnpany limiied by gu8rJni¢¢ i￿OrP￿ated In F.ngiand and Wales. The a¢Mress of ihe Re81￿c￿ed Officc is 9 Garden Sqwc, R¢ndl¢sham. W(XMlbrid8e. Suffolk, IP12 2GW.'fhe meTnbL'rs of the company are the In￿CeS named (m ￿8¢ l. In ihe evern of1￿ ehaTlry beln8 wouTha wy. Ilabillty in res￿ of the guarart¢r is limited to £ I ￿ member of chariry. Fund Accou￿1 lJiir¢striLied fijnds are avallable for use ai the dlscreliL)n tnjstees In furthetWiLY geiierai objectives Of charity and which have noi been (ksignaied for pUr￿)Se$. Desl8nated f￿dS art unrestrided funth &8 set aslde by the tr￿￿eeS for particulw pur￿)seS. Restrict￿ fiuKLs are sthjected io restrial(￿ on their ex￿ture Imwys&] by the doThY. Inc(Mning resources All itJ¢()ming resources are irLluthd in Aal(￿{￿1 of finwKial aaiviiies when the cljarity is eniiued io the income and the arn￿￿)1 be quantified with re&50nable accuT8Cy. Resources eX￿￿a Expendittwe is recognised on an aC(n￿ basis as x Ilabllity is incu￿¢ Chariiable ex￿IditUre comwises co￿5 irKurrd by the t1￿ in delivery of lis %uvities services for its beneficiaries. It incluths Ixmh colls that can be allocated direcdy io such activilies dnd those costs oran IJ)di￿1 nature rLe¢ewry io SUPTK)n than. Gov¢rnance costs ilK)se costs a&s(￿lated wilh methi￿ ConAl￿tIo￿￿ and stthitory requiremems of the clwity and include aceowrtw and costs linked io the strntegic management of the charity. 18 DAVtD LYNCH FOUNDATION UK (A ¢othp**y limittd bv guaranlee) CoM￿nY R¢¢istr*tioD Number IK1933959 YEAR ENDED 28 FEBRUAKY 2022 NOTES (coNfiNUED) Fixed A&4ets and Tkweciaii)n Fixed assets are depreciai¢d ai the followiDg Nes: Websiie over 3 year's straigbt line Imsis. over 10 year's tralghi line IASIS. Trademarks Deferred I￿Ome WherL' rnoney received In adwarKe re￿¢5 io aaiviii¢s io ￿ held in the financial y¢arthe inc(¥ne is included as ¢kfe]Yed I￿[￿ne. INVESTMENT INCOME 2022 2021 Bank irterest INCOMING HE.￿uRCEs FROM CHARITABLE ACTIVITIES 2022 2021 cot￿lSsIOll frcrtD irathin8 Course fees Grant 3,818 21.316 20.0(K) 20.863 17,500 45,134 39.263 19 DAVID LYNCH FOUNDATION UK (A COM￿*Y limi¢¢d by g•*ra•tee) Comp*ny Regi$￿tioN NDmbtr In933959 YF.AR ENDED 28 FEBRUARY 2022 NOTFS (CONfiNUED) TOTAL RLSOURCES F,XPENDED Cost of t¢neritin8 f•ndJ 2022 2021 Umrestricted ,vent FUTMI Raisin8 Cb*ritsble atliviiies 2022 2021 UmreJtri¢kd tttivitics Course fees "reachin8 c(mmissions and royaltics TcaLhing pri)jCLt wenscs Hire olNM)ms l)onations 26.663 10,775 2.935 1.029 797 29.598 12.601 Restrkted fwllds Teachln8 proJLYt cxpenscs ?0,535 50.133 12.601 Goveri•A¢e cojts 2022 2021 Unrestricted f#•ds Office exws Administration and cowltsty fee5 Pmmoiional exrmdiiure Bank charges 'rravel and subs1￿¢￿¢e 547 1 S,INJO 16.237 213 1.647 684 1,020 174 224 180 1,773 6,598 439 1.605 677 960 168 231 180 tndepend¢ni exami￿ fee$ Legal aThl pn)fe&si()nJl lees Loan inieTe5t Depreciation 35,926 18,631 20 DAVID LYNCH FOiJNDATION iJK {A CllDipaDy lirniied by gu*r*Al¢e) Comp8•y JiegistratiOD Number 07933959 YEAR ENDED 28 FEBRUARY 21b22 NOTES (co￿]￿uED) TOTAL RESOURCES EXPEM)ED (to#tix•ed) 2022 2021 Restrkted fwndg Office exr*TL5e5 TTavel and sub5iSiUKf 35.926 18.631 There were no employees In the yr4r ended 28 Fetffw 2022. (2021: Nil). TRANSAcfioNS WITH TRUSTEES No inj￿ee received any T￿￿)eNtIon in the year. In yw one tr￿$(ee In her Tole of ExeLwiive Dlrccior Trtelved £15.IKKI for a(knln15w4tion and consultancy fces. (2021: £6.(KKI). No Tnwee512021.. No￿) were relmbursed ex￿ for tr4veL subs1#et￿e and officc Costs incurred on l)eh8Jf ofthe chviry (2021: £Nil). NET RESOURCES EXPF.NDED FOK THE VEAR This is AaiLd dfter cbargi 2022 2021 ExeculiVL Dirttior'$ ft¢s Deprttiaiion Indewideni Examiw's fee 15,IM)O 180 1,020 6,000 180 21 DAVID LYNCH FOUNDATION UK (A company limited by pxr¥*tee) Co•pny Re%i5tratiDn Number 07933959 YEAR Ef4DED 28 FEBRUARY 2022 NOTES (cO￿lNUE￿} TAXATIO No c* io coryx)rdlii)n t&x arises as the company is a rt8iaered dwiry and is exemrn s505 of the Income aNI C(Wdtion T￿t5 kn 1988. INTANGIBLE FIXED ASSETS Trad¢marks COST As at 28 F¢bnwy 2021 and 28 Febnw 2022 1.800 DEPIU.:CIATION Al 28 febnwy 2021 630 Cl]ar8e fly the year Ar 28 february 2022 810 NET B(K)K VALUE Al 28 Febnwy 2022 At 28 Febryary 21Y21 1.170 TANC'IBLE FIXF.D ￿￿F.T5 Website COST As at 28 Febnjary 2021 w14128 F¢knry 2022 971 Df..PRECIATtON Brou8hi forward ￿ l Ma￿h 2021 971 Charge for the year At 28 Febnwy 2W22 971 NET BOOK VAI.UE Ai 28 F¢bn￿ 2022 At 28 Febnwy 2￿21 22 DAVID LYNCH FOUNDATION iJK (A limitsd by yar*•tee) Comp•uy Regi51r*lio* Nwmbtr 07933959 YEAR ENDED 28 FEBRUARY 2022 NOTLS (CY)NrtNUED) io DEBTORS 2022 2021 Gift aid J￿[ Giving thlwions 475 CREDITOKS Amoumts hllimg die wlibln ofje year 2022 2021 Lo 750 3.246 6,25 3.996 li CREDITORS Amounts failiq dtse Ifter thAm )t*r 2022 2021 The amowii repayable by iN4tsiments after 5 yeari 15 £8,890. 12 ANAL YSIS OF NET ASSF.TS BETWF.F.N FUNDS Unre*ricted Restricted Funds 2022 Totsl T()thl 2022 2022 2021 Int&n¥ibl¢ fix¢d Net Lurrent assets Creditors falling due after morL' than ￿e year 990 47.391 (20.804) .170 37.999 (I? IBI) 33.858 (lo.6￿) 13,533 110.2(X)) Tolal na ¥ssets 24244 3.333 27,577 26.988 U￿re￿n¢ted Fw)ds 2021 Rcstriaed T(Mai Funds 2020 2021 2021 Intangible fixed a&sds current a&seis Crediiors falling th after morc than or* year 1.170 37.999 (12.181) .170 37,999 (12.181) .350 5.930 (10.501) Tothl nd a￿t5 26.988 26.988 13,221) 23 DAVID LYNCH FOiJiYDATION UK (A COM￿Ny limited by gM*ramtre) Comp4Dy Regi*￿tiOn N￿Mber 07933959 YEAR ENDED 28 FEBRUARY 2022 NOTES (CONfiNUED) 13 FUND RECONCILIATION 28 February bKw)in8 2021 "Irdnsfers 28 F¢bw 2022 UnTe%trlcted 26.988 62,780 (65,524) 24,244 RegTiCted funds EmergenLy Servlc&% Resilience pr(wamme (20.5351 305 Unlverslty ofCatllbridg¢ 3.028 3.028 26.988 86.648 (86.059) 27.577 (hkl80in8 Tr4nsftts Ai 28 february 2021 2020 Unrestricted funds (3221> 61.441 (31,2321 26.988 Fumd deserlpllo•s Restri¢¢ed fvndj Emergevy ¢*rviru railitttce progrnmmc A 8raDt of £20.(￿) fr(xn P￿¢0& Plxes Tntq iogLthr with a durwU¢)n of £840 enabled Ihvid l.yiKh Foundation UK to teath TranscenderAal Mediiwiixj aThl io cover the cO￿S of an eVdI￿tIOn of the project for 60 amhulance ststT. UDfv¥r51ty Df C*mbrldgr rtyelrrb projert 'lTht sum of £3.028 are donalions iowdrds the Univer%iry of Cdmbridge rn'searfh projeci where the David I.)￿ch Fow)d￿l￿n UK is collatKyMin8 with And￿ Canales-Johns(m of the university in which L.'r.G infom)aiion complexiry and l.'IG infonnaiion flow ii) will be analysed during the meditative S￿1¢ of40 Imrtldpams wising Tra￿5¢e￿la￿ MeditstiiML 14 CAP￿AL COMMITMENTS The ci)mpgny had capital LYMnmitsDeDts ai 28 Febnwy 21r22 or 28 F¢bnwy 2021. 15 COIYTINC.ENT LIABILITIES The h￿1 no contln8eni liabilities at 28 TrelKw 2022 or * 28 Febnwy 2021. 16 CONTROILING PARTY The Llwity Ib l{￿11ed lry TnL4L 24 DAVID LYNCH FOiINDATION UK (A limitsd by 8w*raotte) Compa•y Regi$tr*tioA NUm￿r Ir1933959 YEAR ENDED 28 FEBRUARY 21122 NOTES (CONTINUED) 17 RF.LATED PARTY TRANSAcfioNS a) One mL4ee of I>avid Lynch F0￿MId. lion UK is aiso the Chief Executive of tk Malwishi Foutmlation. tD the yw ended 28 FebTuary 20?2 the David Lynch Troundaiion UK received £1,200 in support of its proM￿lOn&1 activiiies resuhcd in mally r¢(wle taking courses offcrcd by Maharishi Foundalio b) By virtue of ￿e L(Knmon IDJStee aTKI certain rel￿ed objeLiS and aaiviiics the David l.ynth Foundaiion IIK is Lonnecied io the Spiritt￿l Regewatiffl Movement of Great Britain. The Spiriiual Re8¢￿tion MovLinent of thtat Britain leN the chariry £23.[￿)0 as a stsrt-up loan ill tkcemttt 2013. lrnereg is char8ed at a rdte of 3 thive base rne. At 28 February 2022 the of loan 0￿5￿ndIng Wd5 £11,4￿1. 25