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2022-03-31-accounts

Teen Yoga Foundation

Report and Accounts

31 March 2022

Charity number: 1165236

Teen Yoga Foundation Report and accounts Contents

Page
Company information 1
Independent examiner's Report 2
Trustee report 3 - 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9 - 11
Detailed statement of financial activities 12

Teen Yoga Foundation Company Information

Trustees

Dr Jo Barker Anasua Sarkar Roy Annessa Rebair Amina Smith-Gul Winston Charles Thomas

Principal address

Redhill House Red Hill Camerton Bath BA2 0NY

Independent Examiner

Mr J L Battle FCCA MAAT 12 Spencer Drive Midsomer Norton Radstock Bath BA3 2DN

Bankers

Barclays Bank Plc Leicestershire LE87 2BB

Charity number 1165236

1

Teen Yoga Foundation

Charity number:

1165236

Independent examiner’s report to the trustees of Teen Yoga Foundation

I report on the accounts of Teen Yoga Foundation for the year ended 31st March 2022, which are set out on pages 3 to 12.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

a) examine the accounts under section 145 of the 2011 Act;

b) to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act; and

c) to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

a) to keep accounting records in accordance with section 130 of the 2011 Act; and

b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr J L Battle FCCA MAAT

Concept Accountancy & Business Services Limited 12 Spencer Drive Midsomer Norton Radstock BA3 2DN

Date:

15th November 2022

2

Charity number: 1165236

Teen Yoga Foundation

Trustees report For the year ended 31 March 2022

Objectives and Activities

Purpose

(1) Spreading the practice of yoga among teenagers and young people, especially the disadvantaged.

(2) Contributing to the growing evidence base for the benefits of yoga for young people’s wellbeing through research and the curation of research results.

(3) Promoting the practice of and integration of yoga into educational and youth contexts through a variety of different means.

(4) Supporting the teen yoga community, by providing face to face and online spaces for the sharing of resources, information and ideas among practitioners.

(5) International aid work through initiatives both within and outside the UK that focus on improving the well-being of disadvantaged young people.

Activities

In this year, we focused on the following activities:

On spreading of the practice of yoga, we ran 5 online courses and 2 face to face courses during this time for medical and teaching personnel. We also collaborated with London Youth, to run a Talking Circles course for 70 youth workers across London and 700 young people. We also ran a couple of bespoke CPD courses for schools across the UK who wanted to train their PE teachers to share yoga. We carried on our plans to deliver more CPDs under the umbrella of the Teen Yoga Foundation with specialists in their areas. We have been in the planning phase of these CPDs.

In the research context we lack the funding to undertake any significant research projects ourselves but continue to gather feedback from our graduates on the impact of the yoga among young people, some of them running their own research projects within their contexts. Especially of interest is the SEN school in Nottingham who ran a term project looking at behavioural issues before and after a yoga intervention, finding a 50% drop in incidences due to yoga.

3

Teen Yoga Foundation

Charity number:

1165236

Trustees report For the year ended 31 March 2022

Activities (continued)

The main focus of work to promote the integration of the practice of yoga in youth contexts continued to be the course we run to train yoga teachers and other people who work with the young (and are yoga practitioners) in the optimal way to bring yoga to young people. The 10 week online version of the course which we had started in the previous year became our central activity and due to the lack of face to face courses we organised more frequent editions of the course. It continues to show very high results from student feedback, and the average result of the feedback questionnaire continued to be consistently over 4.5 out of 5 across 27 items. The work in Parliament has now restarted and we are in conversations about running a meeting at Portcullis house again. The yearly Instill conference took place in November online. This made it possible to invite speakers from other countries who previously could not attend due to the cost of travel. The conference exists to promote interest in the practice of yoga in educational contexts, through discussion of practical ways of grounding this practice in the most valuable elements of the ancient wisdom of yoga and cutting-edge scientific research, thus providing inspiration for research and development in these areas.

Our work to support the teen yoga community involved ongoing work through our website and our different social media channels such as Twitter, Instagram, Linked In and Facebook, to support teachers of yoga to teens by providing advice, support, resources, links to research and a free service connecting schools to teachers in their area. The new Monthly Themes has proved a significant support to existing graduates and also a resource for future students and others working with young people.

Lastly our solidarity work this year has pivoted towards the disadvantaged at home, we now focus more explicitly on the needs of schools that do not have funds to provide yoga to their students. This strategic pivot was in fact planned before the lockdown made it even more necessary. This kind of school has become a principal element of our fundraising and Lululemon continues to support us in this.

Trustees

Trustees are appointed by the Board of Trustees for life. Where there is a requirement for new trustees, they would be identified and appointed by the existing trustees. The trustees have had due regard to the guidance issued by the Charity Commission on public benefit. This year new trustees Amina Gul and Fatma Muharrem joined the team, making the Board five people as Jess Funke left due to conflicting interests.

Contribution made by volunteers

Volunteers play an important role and for most of the year the entire activity of the charity was carried out by volunteers. In the organisation of the charity’s work, the development of fundraising activity, publicity activity, the organisation and execution of the Instill conference and the creation of research proposals. At this stage of the charity’s development their contribution continues to be fundamental.

4

Teen Yoga Foundation

Charity number: 1165236

Trustees report For the year ended 31 March 2022

Achievements

Our spreading of the practice of yoga continued to focus principally on increasing our network of teachers in the UK and other countries who bring yoga into schools and other contexts. This included the majority of schools in BANES, our direct catchment area and by the end of the period had grown to more than 1450 yoga teachers across the UK and their students. The work of training and supporting this network is an important part of the spread of yoga. We are proud of our work across the Youth work network in London and also the continued Ambassador courses which has now trained 20 young people to deliver yoga to other young people.

This has become a focus of particular interest for many funding bodies and volunteers who want to support the young people.

In the research context we worked to curate and make available online the existing research in the field, and its implications and conclusions, to teachers and other stakeholders as part of our work to promote the practice. We also attended online conferences and seminars in the UK and US on yoga in schools, thus participating actively in the research conversation.

The main focus of work to promote the integration of the practice of yoga in youth contexts involved the online course we run to train yoga teachers and other people who work with the young (and are yoga practitioners) in the optimal way to bring yoga to young people. This year we initiated development of a series of shorter online courses to complement the main course and these are due to be launched in the second half of 2022 We also organised the Instill conference, this year online, which is a yearly event, which exists to promote interest in the practice of yoga in educational contexts, through discussion of practical ways of grounding this practice in the most valuable elements of the ancient wisdom of yoga and cutting-edge scientific research, thus providing inspiration for research and development in these areas. In Nov 2021 there were 350 participants at the Instill Conference with a wide range of speakers from the education, research and yoga spheres

Our work to support the teen yoga community involved ongoing work through our website and other online channels such as our Facebook group, Twitter, Instagram and regular newsletters to support teachers of yoga to teens by providing advice, support, resources, links to research and a free service connecting schools to teachers in their area. We have a total of 10,000 followers on Twitter, Instagram, Facebook and YouTube.

Our principal training and support activities were very successful, despite the adverse conditions and we had good results promoting yoga through our conference and other events we participated in. We also carried out successful solidarity activity, though this will step up in 2021 as the lockdown ends. However, our research aims were limited by lockdown and a lack of funding.

5

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Teen Yoga Foundation

Statement of Financial Activities for the year ended 31 March 2022

Note
Donations and legacies
Charitable activities
Other trading activities
Total incoming resources
Resources expended:
Cost of raising funds:
Charitable activities
Governance costs
Total resources expended
5
Net (outgoing)/incoming resources
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Incoming resources:
Unrestricted
Funds
2022
£
6,150
60,228
11,687
Restricted
Funds
2022
£
4,168
-
-
Total Funds
2022
£
10,318
60,228
11,687
Total Funds
2021
£
22,747
78,651
9,872
78,065 4,168 82,233 111,270
96,394
250
4,168
-
100,562
250
101,650
250
96,644 4,168 100,812 101,900
(18,579)
14,076
-
-
(18,579)
14,076
9,370
-
-
-
4,706
(4,503) - (4,503) 14,076

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

7

T••n Yoga Found•tlon 8alane• Sh••t as at 31 March 2022 Note 2022 2021 Cunvnl •i•el• D￿Dt￿$ and pr￿ayM￿lIs C8sh 4t bank and in haTrJ 5,978 2.557 8.537 9.712 10.215 19.929 Cr•dllor•: amount• f•lHng du• wlthln one y•4r {13,0401 ¢5.853} N•t ¢yri•nt Illabllttl••y•s•ts 14,X131 14.076 N•t {￿bIl￿a•s￿l•s¢tj 49)3 Funds Unresincted RestrKted frJr¥Js 14.X131 14.078 T¢A•l lund• Thèsè sial•m•nt8 apyovl by tho TnJ81oes on Sigrtd, on baff or thè Trus1• AM•u• S•thar A¢tlng Chalvp¢r• LYI 9 . 12 Im •n Int•gr pan d fvs• accounrs

Teen Yoga Foundation Notes to the Accounts for the year ended 31 March 2022

1 Principle accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below:

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 (FRS102) (effective 1 January 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted Funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Incoming Resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.

Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the charity where this can be quantified.

The value of services provided by volunteers has not been included in these accounts.

Investment income is included when receivable.

Incoming resources from charitable trading activity are accounted for when earned.

Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered.

Costs of generating funds comprises those costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the examiner's fees and costs linked to the strategic management of the charity.

9

Teen Yoga Foundation Notes to the Accounts for the year ended 31 March 2022

All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

2
Debtors
Trade debtors
Prepayments
3
Creditors: amounts falling due within one year
Trade creditors
Other creditors and accruals
Other taxes and social security costs
Loan from N Kearney
4
Movement in funds
1st April
2021
£
£
Unrestricted funds
General fund
14,076
78,065
Restricted funds
HMRC CJRS Scheme grants
-
4,168
Total funds
14,076
82,233
Other debtors
Received
in year
2
Debtors
Trade debtors
Prepayments
3
Creditors: amounts falling due within one year
Trade creditors
Other creditors and accruals
Other taxes and social security costs
Loan from N Kearney
4
Movement in funds
1st April
2021
£
£
Unrestricted funds
General fund
14,076
78,065
Restricted funds
HMRC CJRS Scheme grants
-
4,168
Total funds
14,076
82,233
Other debtors
Received
in year
2
Debtors
Trade debtors
Prepayments
3
Creditors: amounts falling due within one year
Trade creditors
Other creditors and accruals
Other taxes and social security costs
Loan from N Kearney
4
Movement in funds
1st April
2021
£
£
Unrestricted funds
General fund
14,076
78,065
Restricted funds
HMRC CJRS Scheme grants
-
4,168
Total funds
14,076
82,233
Other debtors
Received
in year
£
(96,644)
(4,168)
Utilised in
year
2022
£
3,978
2,000
-
2021
£
7,712
2,000
-
5,978 9,712
2022
£
6,685
109
2,946
3,300
2021
£
2,334
109
110
3,300
13,040 5,853
£
-
-
Balance
transfers
31st March
2022
£
(4,503)
-
14,076 82,233 (100,812) - (4,503)

10

Teen Yoga Foundation Notes to the Accounts

for the year ended 31 March 2022

5
Resources expended
Charitable
Governance
Activities
Costs
£
£
Teaching and retreat costs
20,656
-
Staff costs and administration
24,866
-
Advertising and website costs
28,965
-
Repairs and renewals
1,967
-
Conference fees and flights
10,685
-
Independent examiners fees
-
250
Bookkeeping
1,018
-
Legal & professional fees
7,741
-
Printing, postage and stationery
682
-
Telephone and internet
1,419
-
Yoga clothing for resale
1,894
-
Bank fees and interest
492
-
Insurance
177
-
100,562
250
6
Employee information
Average number of employees
No employees received remuneration exceeding £60,000.
Trustees information
Trustees remuneration and expenses
Charitable
Activities
£
20,656
24,866
28,965
1,967
10,685
-
1,018
7,741
682
1,419
1,894
492
177
Governance
Costs
£
-
-
-
-
-
250
-
-
-
-
-
-
-
Total
2022
£
20,656
24,866
28,965
1,967
10,685
250
1,018
7,741
682
1,419
1,894
492
177
Total
2021
£
33,164
14,123
32,974
3,098
2,388
250
933
6,927
3,384
1,345
2,442
607
265
100,562 250 100,812 101,900
2022
2
2020
2
- -

7 Related party transactions

There were no related party transactions during the year.

11

Teen Yoga Foundation Detailed Statement of financial activities for the year ended 31 March 2022

Incoming resources
Donations and legacies
Charitable activities
EU Yoga Courses
UK Yoga Courses
Other trading activities
Sales of yoga clothing and books
Total Incoming resources
Expenditure
Costs of generating charitable income including venue hire
Teaching and supervision
Retreat costs
Yoga clothing and books for resale
Advertising, Marketing and Website costs
Accountancy fees
Bank Fees
Consulting
Postage, Freight & Courier
Insurance
Interest Paid
Printing & Stationery
IT Software and Consumables
Repairs & Maintenance
Salaries
Staff Training
Subscriptions
Telephone & internet
Travel - National
Travel - International
Total expenditure
Net (deficit)/surplus
-
60,228
2022
£
10,318
6,216
72,435
60,228
11,687
82,233
7,940
12,216
500
1,894
28,965
1,268
491
7,741
572
177
1
110
381
107
23,949
917
1,479
1,419
6,096
4,589
100,812
(18,579)
2021
£
22,747
78,651
9,872
111,270
12,428
20,148
588
2,442
32,974
1,183
595
6,927
1,120
265
12
2,264
37
1,585
13,784
339
1,476
1,345
2,388
-
101,900
9,370

12