## 



## 

## 

|||Page||
|---|---|---|---|
|Contents||||
|Reference and Administrative<br>Details||||
|Report ofthe Trustees|||4-15|
|Statement ofTrustees'|Responsibilities||16|
|Report ofthe Independent<br>Auditors|||17-20|
|Statements<br>ofFinancial|Activities||21-22|
|Balance Sheet|||23|
|Cash Flow Statement|||24|
|Notes to the Cash Flow|Statement||25|
|Notes to the Financial Statements|||26-35|





## 

## 

|Trustees|||||Jason Adam Wilson|||
|---|---|---|---|---|---|---|---|
||||||Linda Cohen|||
||||||Annette<br>Jill Wilday|||
||||||Beckett Fish|||
||||||Andrew James Busby (appointed||8th February 2021)|
|Principal|Office||||Newlands|||
||||||Brewells Lane|||
||||||Liss|||
||||||Hampshire|||
||||||GU33 7HY|||
|The charity||is incorporated||in England|and Wales|||
|Company|registration||number||08645252|||
|Charity registration|||number||1156336|||
|Auditor|||||Morris Crocker|||
||||||Station House|||
||||||North Street|||
||||||Havant|||
||||||Harn ps hire|||
||||||PO9 1QU|||
|Principal|Banker||||Royal Bank ofScotland|||
||||||49-50 Charing Cross|||
||||||Westminster|||
||||||London|||
||||||SW1A 2DX|||
|Independent||Fund Manager|||Sarasin<br>lk Partners|LLP||
||||||Juxton House|||
||||||100St Pauls Churchyard|||
||||||London|||
||||||EC4M BBU|||





## 

## 



## 



## 

## 

## 

## 

## 



## 

## 

## 



## 



## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

## 

## 

## 



## 

## 

## 



## 



## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 



## 

||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestncted|Restncted|Endowment|||
|||Notes||Funds|Funds|Funds|Total Funds|Total Funds|
|||||6|f|f|f|6|
|INCOME AND ENDOWMENTS||FROM|||||||
|Donations<br>and legacies||||148,343|104,005||252,348|383,414|
|Charitable<br>activities||||174,538|||174,538|232,785|
|Investment<br>income||||5,064||281,944|287,008|393,686|
|Other income||||120|||120|1,584|
|Total||||328,065|104,005|281,944|714,014|1,011,469|
|EXPENDITURE ON|||||||||
|Raising funds||||||(111,312)|(111,312)|(106,066)|
|Charitable<br>activities||||(593 903)|(47,548)|—|(641,451)|(828,792)|
|Tote I||||(593,903)|(47,548)|(111,312)|(752,763)|(934,858)|
|Loss on disposal oftangible|fixed assets|||||(350,000)|(350,000)||
|Gains/(losses)<br>on investment||assets|13|||3,927,563|3,927,563|86,481|
|NET (EXPENDITURE)/INCOME||||(265,838)|56,457|3,748,195|3,538,814|163,092|
|Transfers between funds|||16|(30,000)|30,000||||
|NET MOVEMENT<br>IN FUNDS||||(295,838)|86,457|3,748,195|3,538,814|163,092|
|RECONCILIATION<br>OF FUNDS|||||||||
|Tata Ifunds brought forward||||2,091,556|1,547,717|21,290,715|24,929,988|24,766,896|
|TOTAL FUNDS CARRIED FORWARD||||1,795,718|1,634,174|25,038,910|28,468,802|24,929,988|
|CONTINUING<br>OPERATIONS|||||||||
|All income and expenditure|has arisen from continuing||activities.||||||
|The funds breakdowns<br>for 2020 and 2021are shown|||in note 16||||||





||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|||
|||Notes||Funds|Fulids|Funds|Total Funds|Tote)Funds|
||||||E|6|6|E|
|INCOME AND ENDOWMENTS||FROM|||||||
|Donations<br>and legaoes||||271,856|111,558||383,414|922,009|
|Chantable<br>activities||||232,685|100||232,785|242,119|
|Investment<br>income||||9,936||383,750|393,686|413,843|
|Other income||||1,584|||1,584|15,365|
|Tote I||||516,061|111,658|383,750|1,011,469|1,593,336|
|EXPENDITURE ON|||||||||
|Raismg funds||||0||l106,066)|(106,066)|(79,628)|
|Charitable<br>activities||||(743,131)|(835)|(84,826)|(828,792)|(753,016)|
|Total||||(743,131)|(835)|(190,892)|(934,858)|(832,644)|
|Gains/(losses)<br>on investment||assets|13|||86,481|86,481|1,230,788|
|NET (EXPEIIIDITURE)/INCOME||||(227,070)|110,823|279,339|163,092|1,991,480|
|Transfers between funds|||16|(51,517)|51,517||||
|NET MOVEMENT<br>IN FUNDS||||(278,587)|162,340|279,339|163,092|1,991,480|
|RECONCILIATION<br>OF FUNDS|||||||||
|Total funds brought forward||||2,370,143|1,385,377|21,011,376|24,766,896|22,775,416|
|TOTAL FUNDS CARRIED FORWARD||||2,091,556|1,547,717|21,290,715|24,929,988|24,766,896|
|CONTINUING<br>OPERATIONS|||||||||
|All income and expenditure|has ansen from continuing||activities.||||||
|the funds breakdowns<br>for 2019 and 2020 are shown|||in note 16||||||





## 

||||||31MARCH|31MARCH|
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||E|f|
||||Notes||||
|FIXEDASSETS|||||||
|Tangible Assets||||12|3,917,482|3,983,287|
|Investments||||13|19,201,526|18,516,200|
||||||23,119,008|22,499,487|
|CURRENT ASSETS|||||||
|Stocks|||||25,728|25,728|
|Debtors|||||37,588|31,393|
|Cash at Bank|||||5,331,415|2,433,422|
||||||5,394,731|2,490,544|
|CREDITORS|||||||
|Amounts<br>falling due within one year||||15|f44,937)|(60,042)|
|NET CURRENT ASSETS|||||5,349,794|2,430,501|
|NET ASSETS|||||28,468,802|24,929,988|
|FUNDS|||||||
|Unrestricted|funds|||16|1,795,718|2,091,556|
|Endowment|funds|||16|25,038,910|21,290,715|
|Restricted funds||||16|1,634,174|1,547,717|
|SHAREHOLDERS'||FUNDS|||28,468,802|24,929,988|





## 

|CASH FLOW STATEMENT|FOR|THE YE|AR|EN|DED 31MARC|H 2021||
|---|---|---|---|---|---|---|---|
|||||||31MARCH|31MARCH|
|||||||2021|2020|
|||||||E|E|
||||||Notes|||
|Cash flows from operating|activities:|||||||
|Cash generated<br>from operations|||||2|(226,462)|(126,729)|
|Cash flows from investing|activities|||||||
|Purchase oftangible<br>fixed|assets||||12|(293,478)|(254,844)|
|Interest received|||||5|5,064|9,936|
|Purchase of investments|||||13|(5,664,243)|(8,119,490)|
|Sale ofinvestments||||||8,678,594|7,714,544|
|Cash into/(out<br>of) endowment||funds|from|||||
|the acquisistion<br>and disposal of||||||||
|investments||||||398,517|192,858|
|Net cash provided<br>by (used in)||investing||activities||3,124,454|(456,996)|
|Change<br>in cash and cash equivalents|||in the||reporting|||
|period||||||2,897,993|(583,725)|
|Cash and cash equivalents|at the beginning||||ofthe|||
|reporting<br>period||||||2,433,422|3,017,147|
|Cash and cash equivalents|at the end||ofthe|||||
|reporting<br>period||||||5,331,415|2,433,422|





## 

||||||31MARCH|31MARCH|
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||f|E|
|Net income (expenditure)|||for|the reporting|||
|period (as per the|statement|||offinancial|||
|activities)|||||3,538,814|163,092|
|Adjusments<br>for:|||||||
|Depreciation<br>charges|||||9,283|7,134|
|(Gains)/Losses<br>on investments|||||(3,699,678)|(86,481)|
|Movements<br>in endowments|||||(398,517)|(192,858)|
|Interest received|||||(5,064)|(9,936)|
|(Increase)/decrease||in stocks||||1,112|
|(Increase)/Decrease||in debtors|||(6,195)|(499)|
|Increase/(Decrease)in||creditors|||(15,105)|(8,293)|
|Loss on disposal oftangible|||fixed assets||350,000||
|Net cash provided|by (used in) operating||||||
|activities|||||(226,462)|(126,729)|





## 

## 

## 

## 



## 

## 

## 

## 

## 

|Asset class|||Depreciation|method|and rate|
|---|---|---|---|---|---|
|Freehold<br>property<br>and improvements|||Not provided|||
|Plant and machinery|||201' on cost|||
|Fixtures and fittings|||201' on cost|||
|Website|||3316on cost|||
|Computer<br>equipment|||33N oil cost|||
|Assets under construction|have not been|depreciated|as they were not ready for use|at the year end.||



## 

## 

## 



## 

## 

## 

|INCOME FROM DONATIONS<br>AND LEGACIES|||||
|---|---|---|---|---|
||Unrestricted|Restricted|||
||funds|funds|Total 2021|Total 2020|
|Legacies|68,294|10,003|78,297|188,913|
|Collections||||17,419|
|Healing donations|10,335||10,335|11,585|
|General donations|47,761|13,017|60,778|54,970|
|Gift aid reclaimed|619||619|13,890|
|Grants|21,334|52,548|73,882||
|Bricks of Light Temple appeal||28,437|28,437|96,636|
||148,343|104,005|252,348|383,413|



## 

|||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|Total 2021|Total 2020|
|Membership||||||55,867||55,867|54,724|
|Astrology||||||6,528||6,528|4,348|
|Publishing||||||37,293||37,293|22,625|
|Rental||||||77,619||77,619|76,114|
|Ylana Fund|||||||||100|
|Studentfees||||||(2,8011||(2,801)|72,970|
|Royalties|||||||||1,850|
|Africa appeal||||||32||32|54|
|||||||174,538||174,538|232,785|
|INVESTMENT INCOME||||||||||
|||||||Unrestricted|Endowment|||
|||||||funds|funds|Total 2021|Total 2020|
|Dividends|receivable||||||281,944|281,944|383,750|
|Interest receivable||||||5,064||5,064|9,936|
|||||||5,064|281,944|287,008|393,686|
|RAISING FUNDS||||||||||
|||||||Unrestricted|Endowment|||
|||||||funds|funds|Total 2021|Total 2020|
|Porffoiio management|||costs||||(111,312)|(111312)|(106,066)|
||||||||(111,312)|(111,312)|(106,066)|
|CHARITABLE ACTIVITIES COSTS||||||||||
||||||Unrestricted|Restricted|Endowment|||
||||||funds|funds|funds|Total 2021|Tote I 2020|
|White Eagle teachings|||and spiritual|work|(576,907)|(47,548)||(624,455)|(725,999)|
|Allocated support||and|governance|costs|(16,996)||0|(16,996)|(102,793)|
||||||(593,903)|(47,548)|0|(641,451)|(828,792)|
|SUPPORT|COSTS|||||||||
||||||||Unrestricted|||
||||||||funds|Total 2021|Total 2020|
|Current auditors||audit|fees||||(7,800)|(7,800)||
|Previous auditors||audit|fees||||(4,288)|(4,288)|(12,200)|
|Legalfees|||||||(4,908)|(4,908)|(5,767)|
||||||||(16,996)|(16,996)|(17,967)|



## 

|6|Dividends<br>receivable<br>Interest receivable<br> RAISING FUNDS<br>Porffoiio management<br>costs|
|---|---|



## 

## 



|9|NET INCOMING/OUTGOING|NET INCOMING/OUTGOING|RESOURCES|||
|---|---|---|---|---|---|
|||||2021|2020|
||Current auditors|audit fees||(7,800)||
||Previous auditors|audit fees||(4,288)|(12,200)|
||Depreciation<br>-owned assets|||(9,283)|(7,134)|
|||||(21,371)|(19,334)|



## 

|||2021|2020|
|---|---|---|---|
|Wages|and salaries|(281,471)|(298,040)|
|Social|security costs|(26,313)|(20,186)|
|Other|pension costs|(4,982)|(3,732)|
|||(312,766)|(321,958)|



|2021|2020|
|---|---|
|15|15|





## 

## 

||Land &|Fixtures<br>gr|Assets under|Computer|Plant!k|||
|---|---|---|---|---|---|---|---|
||Buildings|Fittings|Construction|Equipment|Machinery|Website|Iotal|
|COST||||||||
|At 1April 2020|3,504,600|35,052|455,978|3,251|2,171||4,001,052|
|Additions||539|269,457|7,234||16,248|293,478|
|Disposals|(350,000)||||||(350,000)|
|At31March 2021|3,154,600|35,591|725,435|10,485|2,171|16,248|3,944,530|
|DEPRECIATION||||||||
|At 1April 2020||(14,029)||(1,565)|(2,171)||(17,765)|
|Charge for the year||(7,026)||(2,257)|||(9,283)|
|Eliminated<br>on disposal||||||||
|At 31March 2021||(21,055)||(3,822)|(2,171)||(27,048)|
|NET BOOK VALUE||||||||
|At 1April 2020|3,504,600|21,023|455,978|1,686|||3 983287|
|At 31March 2021|3,154,600|14,536|725,435|6,663||16,248|3,917,482|





|13|FIXEDASSET INVESTMENTS|||
|---|---|---|---|
|||2021|2020|
||Investment<br>properties|2,604,719|2,594,819|
||Listed investments|16,596,807|15,921,381|
|||19,201,526|18,516,200|
||Cost or valuation|2021|2020|
||At 1April|2,594,819|2,127,628|
||Additions|9,900|467,191|
||At31March|2,604,719|2,594,819|
||Net book value|2021|2020|
||At 1April and 31Ma rch|2,604,719|2,594,819|



|The original purchase cost and the value ofsubsequent|The original purchase cost and the value ofsubsequent|revaluations|for all properties|classified as freehold|property at the|year end|is|
|---|---|---|---|---|---|---|---|
|as follows:||||||||
|||||||2021||
|Cost||||||760,629||
|Revaluations||||||1,844,090||
|||||||2,604,719||
|Other investments||||||||
||||||Listed|||
||||||investments|||
|Cost or valuation|at 1April 2020||||15,921,381|||
|Revaluation|||||3,533,923|||
|Additions|||||5,654,342|||
|Disposals|||||(8,512,839)|||
|Cost or valuation|at31March 2021||||16,596,807|||





## 

## 

||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
|Trade creditors|||||||||(27,288)|(44,059)|
|Social security and other|||taxes||||||(7,367)|(6,881)|
|Other creditors||||||||||(1,102)|
|Accruals|||||||||(10,282)|(8,000)|
||||||||||(44,937)|(60,042)|
|Deferred income, included<br>in other creditors, comprises monies received||||||in advance for|courses and retreats||held after the year end:||
||||||||||2021|2020|
|Brought forward|at1|April|||||||(1,102)|(7,993)|
|Amount<br>released|to incoming resources||||||||1,102|7,993|
|Amount<br>deferred|in year|||||||||(1,102)|
|Ca mad forward|at31March|||||||||(1,1021|
|FUNDS|||||||||||
||||||||||Other||
||||||Incoming|Resources|||recognised|At 31March|
|||||At 1April 2020|resources|expended|Transfers|gams/(losses)||2021|
|Unrestdicted<br>funds|||||||||||
|General fund||||1,231,598|273,138|(573,726)|(30,000)|||901,010|
|General fund property||reval reserve||263,255||||||263,255|
|Londonlegaaes||||10,238|1,384|||||11,622|
|Other legacies||||561,155|53,544|(19,728)|(20,000)|||574,971|
|Regional centre|fund|||4,860||||||4,860|
|Building Maintenance||Fund||20,000|||20,000|||40,000|
|Japan Fund||||450||(450)|||||
|||||2,091,556|328,066|(593,904)|(30,000)|||1,795,718|
|Restricted funds|||||||||||
|Alina||||386,497||||||386,497|
|Alina property<br>reval reserve||||167,592||||||167,592|
|Ylana fund||||8,976||||||8,976|
|External grants||||66,620|5,000|||||71,620|
|Retreat bursary|fund|||5,312||||||5,312|
|Bricks of Light Temple||Fund||407,493|28,437||30,000|||465,930|
|South West property||fund||447,000||||||447,000|
|London legacies||||58,227||||||58,227|
|Regional centre|legacies-||North West||10,003|||||10,003|
|Temple landscaping|||||3,254|||||3,254|
|Jeremy's Jump|||||9,763|||||9,763|
|Coronavirus<br>Job|Retention Scheme||||47548|(47,548)|||||
|||||1,547,717|104,005|(47,548)|30,000|||1,634,174|
|Endowment<br>funds|||||||||||
|Permanent<br>endowment|||fund|17,874,773|281,944|(111,312)|||3,927,563|21,972,968|
|Endowment<br>property||reval reserve||3,415,942|||||(350,000)|3,065,942|
|||||21,290,715|281,944|(111,312)|||3,577,563|25,038,910|
|TOTAL FUNDS||||24,929,988|714,016|(752,764)|||3,577,563|28,468,802|



## 



||||||||Other||
|---|---|---|---|---|---|---|---|---|
|||||Incoming|Resources||recognised|At 31March|
||||At1April 2019|resources|expended|Transfers|gains/(losses)|2020|
|Unrestricted<br>funds|||||||||
|General<br>fund|||1,458,812|512,611|(739,825)|||1,231,598|
|General fund property||revel reserve|263,255|||||263,255|
|London legaoes|||56,755|||(46,517)||10,238|
|Other legacies|||586,321||(2,166)|(23,000)||561,155|
|Regional centre fund|||5,000|3,000|(1,140)|(2,000)||4,860|
|Building Maintenance||fund||||20,000||20,000|
|Japan fund||||450||||450|
||||2,370,143|516,061|(743,131)|(51,517)||2,091,556|
|Restricted funds|||||||||
|Ahna|||386,497|||||386,497|
|Alina property<br>reval reserve|||167,592|||||167,592|
|Ylana fund|||8,876|100||||8,976|
|External grants|||66,620|||||66,620|
|Retreat bursary fund|||4,339|1,808|(835)|||5,312|
|Bricks of Light Temple||Fund|304,453|103,040||||407,493|
|South West property|fund||447,000|||||447,000|
|London legaoes||||6,710||51,517||58,227|
||||1,385,377|111,658|(835)|51,517||1,547,717|
|Endowment<br>funds|||||||||
|Permanent<br>endowment||fund|17,595,434|383,750|(190,892)||86,481|17,874,773|
|Endowment<br>property||reval reserve|3,415,942|||||3,415,942|
||||21,011,376|383,750|(190,892)||86,481|21,290,715|
|TOTALFUNDS|||24,766,896|1,011,469|(934,858)||86,481|24,929,988|





## 

|||Unrestricted|Restricted|Endowment||
|---|---|---|---|---|---|
|||funds|funds|funds|Total Funds|
|Unrestricted<br>funds||||||
|Tangible|fixed assets|312,448|725,434|2,879,600|3,917,482|
|Fixed asset mvestments|||777,091|18,424,435|19,201,526|
|Current|assets|1,528,207|131,649|3,734,875|5,394,731|
|Current|liabilities|(44,937)|||(44,937)|
|||1,795,718|1,634,174|25,038,910|28,468,802|



##