Company rtgistration number: 09705732
Charlty number: 1167737
The Theosophical SKiety in England and Wales
Chirleable Company limited by guarantee
FlnydllciAI stAtements
30 S¢ptemb¢r 2024
',1111111111
•AEO34K2X•
0910412025
COMPANIES HOUSE
A13
#226

The Theosophical Society in England and Wales
Charitable Comp&ny limited by guarantee
Contents
PA8e
Dir¢¢lors and other information
Directors, & Trustees. report
Independent audiiorfs report
Statement of finan¢i81 ￿tIVitieS
St8t¢m¢nt of financial position
Statement of Cash llows '
10
Notes to the finan¢ial siatemenls

The Theosophi¢g1 So¢i¢ty in England and WAles
Ch*ritablt Company limited by guarantee
Directors and other Information
Directorsrrru$tees
J. Baker
E. Crofts
E. McGou8h
N. Crofts
P. EI-Hosaini
D. S¢oihern
R. Barker
Appointed I l April 2024
A. SwalTield Appoinled I I, Apiil 2024
S. Johnson
Appointed 27 April 2024
Secretary
E. Crofts
Ch4rity nymb¢r
1167737
Company numb'er
09705732
Registered office
50 Gloucester Place
London
WIU 8EA
Auditor
M¢rc¢r & Hole LLP
21 Lombard Street
London
EC3V 9AH
P#g¢ I

The Theo$ophic*l Society in England and W*le5
ChAritable Company limited by guarAntet
Dire¢tors' & Trusttes. report
Y¢ar ¢nded 30 Septsmber 2024
The Directors (who are also trusiees of the charity for the purposes of lh¢ Charities Act) present their annual report together
with the audiied financial statements of The Theosophical Society in England and Wales for th¢ year ended 30 September
2024. The Directors wnfirni that the annual report and financial statements of the company wmply with the Companies
A¢t 2006 and Charities A¢1 2011, the requirements ofthe company's governin8 documcnt and the provisions of the Charities
SOiiP 2019 applicable lo chariiies preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) (eff￿¢1¥¢ l October 2019)-
Directorsifrustee$
The directorsliruslees who served the company during the year and up io the dale of signa￿re of the financial statements
were as follows:
J. Baker
E. Crofts
N. Hart
E. McGough
P. Brierley
N. Crofts
P. El-Hosaini
D. Swth¢rn
R. Barker
Appointed I Ith April 2024
A. Swaffield Aptx)inted I l th April 2024
S. Johnson
Appoinied 27th April 2024
Resigned 29 April 2024
Resigncd 15 May 2024
Objectlves
The objects of the Society are for the public benefii lo promote moral and spirirual welfare, and the advancement of
¢duulion. through the promotion and study of Theosophy. and the dissemination of the results of such study to the public.
To further ils Charitable Objects the English Society may..
provide and assisl in the provision of money. malerials or other help.
• organise and assist in the provision of conferences, cours¢s of inslruclion, exhibitions. lectures and other educational
activities.
'publish and distribute instructional and other materials on any medium.
'promote. encourage, carry out orcommission research. surveys, studies orother work, makingthe rel¢v8nt results available.
'provide or procure the provision of counselling and guidance.
'provide or procure th¢ provision of advi¢¢.
'alon¢ or wilh oiher organisations se¢k lo influence publi¢ opinion and make ￿presentationS to and seek to influence
governmental and other bodie5 and in3titution5 regarding the reform, development and implementation of appropriate
policies, legislaiion and rcgulations provided that all such activities sh&ll be confined io those which an English and We15h
charity may properly und¢nake.
Prinebples
The Society, while reserving for each member full freedom to infrrpret ihose teachings known as Theosophy* is dedicated
to pr¢s¢rving and realising th¢ Age1¢5s Wisdom. which ¢mbodi¢5 both a world view and a vision of human self-
transforniation.
Page 2

The Theosophi¢*l Society in England and Wales
Charitable Company limittd by guarin¢ee
Direetors. & Trus¢ees' report
Year ended 30 September 2024
The Theosophi¢al Tradition is founded U￿)n te￿in fundamentsl protK)sitions which include..
Recognition of the unique va]ue of every living being, expresses itself in reverence for life, comp&s5ion for all.
sympathy with the need of individuals lo find truth for Ih¢mKlv¢s, and respect for every religious lrndiiion. The ways
in which these ideais be£ome realities in individual life are trK)th the Privileg￿ ¢hoic¢ and the responsibility of every
human being.
Centrd to the cA>ncems of Theosophy is the desire io promote undersianding and fellowship among p￿pIe of all races,
nationaliiies. philosophies, 8nd r¢ligions. Therefore, all ttople. whatever their religioLL5 affiliations or gender, are
invited lo pwticipale equally in the life and work of the Society. The Theosophica] Society impy)ses no dogmas, but
ints ioward the source of unity beyond all differences. Devotion ￿ TNth, love for all living kings, and a
commitsneni to a life of active altruism are the marks of a true Th￿soPhIst.
Summary of Actlvitle$
The Society's acliviiies include ihc holding of leciures, seminars and siudy groups as well as resideniial summer schools,
and ¢onfer¢n¢¢s. Th¢ London H¢adquart¢rs presents regular online lectures on Sunday evenings and promotes and support5
similar events ai its lodg¢s and centr¢s. The annual summer school is open ￿ the public and members alike as are some
individual Lodge meetings that are noi for private study. Where possible, lectures are recorded for the benefit of those unable
to aiiend. In addition, the Society runs two web-based learnin8 courses. a Foundation Diploma and a Higher Diploma in
Theosophy which are designed to 4S5iSt slvdents, understanding of the basi¢ principles of Th¢osophy, These are provid¢d
by flexible online learning, ongoing tutorihl support and An end of year Optional exAmination.
In promotion of lis chariiable objecis, the Sociery publishes quarterly, a quality magazine, cdled Esoteric4 which has a
wide ¢1r¢ulaiion Ihrough a subscribcrs, mailing list and is available at public outlets throughout the wuntry. Th¢ Charity's
website promotes its objects, events and activities and aids the study of Theosophy through articles, videos, and appropriate
links lo oiher relevant sources. li is active on social m¢dia wilh w¢ll att¢nd¢d Facebook and YouTube sile5.
Govern*n¢¢
The Society is a regisiered charity governed by its Anicles of Association. Trustees and Naiional Officers are selected
And aptx)inted by the provisions of the Articles and Byelaws and are subjeci io election by a naiional council. The
national ¢oun¢il ¢on$isis of wun¢illors elected by lh¢ So¢i¢ty's membership 8nd who are the Company Law members,
'I'he charity is managed by its Board of Trustees and National OIYi¢ers. Trustees and OtTicers have received Trust¢¢s'
training on the duties and re5ponsibililies of Trustees and the requirements of charity commission guidance and charity
law, and a Trustees and Direciors Handb(X)k been provided.
Fundlng and Fln&nclal Revlew
The Society h&8 a fund balance of £9.339,685. Assets are held for the fulfilmenl of the Society's charitable objectives and
have been sourced through donations, legacies and a previous trnnsfer of &8sets from The Theosophical Society.
Unincorpordted Association and related enltlies. The Ch￿lty is in its seventh year of operation and is undertaking an
ongoing review of its fin￿¢la1 processes, future planning, and reserves, and external consulianls have been ap￿Inted to
assist wilh this process. Directors hav¢ no concerns about the ￿ntinuatIOn of the Charity.
Dire¢torsltrnstee5 responsibilities Jt4tement
The directors are responsible for preparing the direciors report and the financial $ialements in accordan¢e with applicable
law and re8ulaiions.
Company law requir¢s the directors lo prepare financial slatemenls for wh financial year. Under th￿ law Ihe direclors have
elected to prepare Ihe financial statements in accordance with United Kingdom Generally Accepted Accounting Practice
(United Kingdom Accounting Standards and applicable law). Under company law the directors must nol approve the
financial Statements unless Ihey are satisfied that they give a true and fair view of the state of affairs of the company and the
profit or loss of the company for Ihat year.
In preparing these financial statements. the directors are required to..
select suitable accounting w)lici¢s and then apply them wn51St¢ntly' and
make judgments and accounting estimates that are re&sonable and prudent" and
ob5¢rv¢ the m¢ihods and principle5 in the Chariiies SORP. and
prepare ihe financial statements on the going concem b&sis unless it is inappropri* to pr¢sume that th¢ company
will continue in business.
Page 3

The Thtosophical Society in England and Wales
Chgritable Company limittd by gu#rxntee
The directors are res￿nSIble for keeping adequate ￿0Un11n8 records ihat are svfficienl to show and explain the company's
Iran3arlions and dis¢los¢ wilh reasonable ac¢uracy ai any lime Ihe financial position of the company and enable them lo
ensure ihal the financial sthiemenls comply with the Companies Aci 2006. They are also resp)nsible for safeguarding the
&ssels of the company and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities.
Statemen¢ of diselosure to auditor
Each of th¢ persons who is a director al the date of approval of this reFK)rt confirn)s that..
so far &$ they are aware, there is no relevant audit infomation of which the company's auditor is unawa￿. and
Ihey have taken all steps that thty ought to have taken &g a director to make themselves awar¢ of any relevant audit
inforniation and io esthblish that the cL)mpany's auditor is aware of that infomlation.
Auditor
The ¢ompany's audilor. Mcrc¢r & Hole LLP. was deemed ￿ have been r¢-apwinled in accordance with section 487 of The
Companies Act 2006.
Sm411 Company provisions
This report has been prepared in ac￿rdanCe with Ihe provisions applicable lo companies entitled to the small company's
exemption.
This report was approved by the board of directors on 0110412025 and signed on behalf of the l)oard by:
J Baker
Director
Page 4

The Theosophi¢•l Society in EnglAnd and W4les
Charitabl¢ Company limited by gu4ranle¢
Independent *uditor's report ¢0 the members of
The Theosophi¢al Society in England and Wales
Year ended 30 September 2024
Opinion
We hav¢ audited the finan¢iai 5tst¢m¢nts of Th¢ Theosophical Society in England and Wa]es (the Charitsble company) for
the year ended 30 September 2024 which comprise the statemcnt of finarKial aciivitics statemcnl of firkancial Frf)Sition.
statemenl of cash flows and noies to the finan¢ial siatements, including a Summary of significant accounting policie5. The
financial rewning framework that has Lxen applied in their prepardtion is applicable law and United Kingdom Aceounting
Stand8xds including FRS 102 The Financial Rep)rtii)8 Stamdard applicabk in the UK and Republic of Ireland (Unitcd
Kingdom Generally Accepted Accounrin8 Praciic£).
In ouropinion th¢ financiai sta*m¢nls'.
give a Iwe and fair view of the slate of th¢ ¢harilabl¢ company's affair5 &$ at 30 September 2024 and of its
incoming resources and application of reg)ur¢e& including its incom¢ and exkKnditur¢, for th¢ y¢ar th¢n ¢nded-
have been prokxrly prepared in accordance with United Kingdom Gen¢rally Accepted Accounting Praciice. and
have been p￿ pared in accordance with the ryuiremenls of the Companies Act 2006.
Basij for opinion
We conducied our audit in accordance with In1¢rn￿i0naI Standards on Auditing (UK) (ISAS (UK)) and applieable law.
Our resFonsibililies underthose srandards are (ks¢riLxd in the auditovs re5p)nsibilitie5 for the audit of the financial
sthtrments section ofour reFofL We are inde￿nden( of the charitable company in accordance with the ethi￿[ requirements
Ihal are relevant to our audit of the financial 5ts1¢rr*nLs in the UK, including the FRC'S Ethical Stsndarl and we have
fulfilled our ethical responsibiliiies in accordance with these requirements. We believe that the audit evidence we have
obtained is sutTicicnl and appropriate to providc a basis forour opinion.
Conclusions relating to going concern
In ￿dIting ihe financial statements, we have concluded that the directors, use of the 80in8 ￿ncern basis of acwunling
in the preparation of ihe financial siatemenis is appropriate.
B&sed on the work we have perfom)ed, we have not identified any material uncertainties relating lo evenrs or
onditions that, individually or collectively, may c&st significant doubl on ihe charity's ability io continue as a goin8
¢on¢ern for a period of ai le4St tsv¢lv¢ months from wh¢n the financial sthiements are authorised for issue.
Our ￿SponSibl1111¢S and th¢ responsibiliti¢s of the directors with respect to going concern are d¢￿ribed in the relevant
sections of this report.
Other Inforniation
The other infom)alion comprises the infomiation included in the annual retaJr¢ other thBn the fmancial statements and our
auditofs rtport Ihereon. Thc diTectors are reswnsible for the other infomialion. Our opinion on the financial slalements
does not cover the other infom*ion and, except ￿ the ex*nt otherwise explicitly staled in our ryo¢ we do noi express
any fomi of assurance Conclusion thereon.
In ￿nnectIon wilh our audil of the financial ststm¢nW our tesrA)nsibility is to read the other information an
in doing so, ¢onsider whethu the other infornialion is matrially incon5i51ent with the fir￿1claI statements orour
knowledge obtsined in the audit or otherwise apk￿￿5 lo k materially misslat¢& if we id¢nlify su¢h material
inconsistencies or apparent ma*rial misstatemenw we are ￿qUired to detem)ine whether there is a material
mi55taiement in th¢ financial ststements or a Materi￿ MISS￿¢[￿¢￿1 of ihe other information. If. based on the Work
we have ￿rforn1ed, we conclude that there is a material misstatement of this other infomiation. we are required to rer
that facL
We have nothing lo report in this ￿88rd.
Page 5

The Theosophi¢*l Society in England and Wales
Charitsble Company limited by guaran¢e¢
Independent auditors report to the members of
Th¢ Theosophical So¢iety in England and Wales (continued)
Ytgr ended 30 September 2024
Opinions on other matters pres¢rib¢d by th¢ Compgni¢s Act 21)06
In our opinion, based on the work undertaken in the course of the audit=
the inforniation given in the trusiees, report, which includes the directors, report prepared for the purposes of
company law, for the financial year for which ihe financial staiements are prepared is cortsisient wilh the
financial statements. and
the directors, report within the trustees, report has been prepared in accordance with applicable legal
requiremenls.
MAtttrs on wh5eh wt art rtqulred to rtport by exceptlon
In ihe lighi of ihe knowledge and undersianding of the chariiable company and its environment obtsincd in lh¢ course of
the audit, we hav¢ not identified material misstalemcnts in the directors. report included within the trustees, report.
We have nothing to rep)rt in respect of the followin8 martcrs in relations lo whi¢h the Companies A¢t 2006 requi￿ us 10
report lo you if. in our opinion..
the financial statemen15 are nol in agre¢m¢nt with th¢ accounting records and the returns- or
Ihe charitabl¢ wmpany h&8 noi kept adequat¢ accounting records- or
certain disclosures of Iruslees. remuneration specified by law are not mad¢. or
we have nol received all the infomiation and explanulions w¢ rcquire for our audit,. or
the direciors were not enliiled lo prepare the financial statements in accordance with the small companies regime
and take advanlage of th¢ small companies, ¢x¢mplions in pr¢parin8 the Iruslce$' report and from the
requir¢m¢nt to prepare a str￿¢81¢ report.
Responsibilities of dirtttors
As explained more fully in the directors, responsibiliiies 51alement, the d]r￿10T5 are r¢5ponsible for the preparation of the
financial statementsand for being satisfied that they give a irue and fair view, and for such iniemal conirol as
the directors determine is necessary io enable the preparation of financial slalemenls ihal are free from material
misslat¢ment, whether due 10 fraud or error.
In preparing the financial sial¢menls, the directors are responsible lor assessin8 the Gharilablc company's abilily lo
continue as a going concern, disclosing. as applicable. mallers relaled lo going Goncem and using the going
onccrn basis of accounling unless the direciors either intend ￿ liquidate the chaxiiablc company or lo cease
operations, or have no realistic altemative bul io do so.
Auditors responsibilities for the 4udil of the fiDanci41 statements
Our objectives are io obtain reasonable ￿sUranc￿ about whether the financial staiements as a whole are free from m￿crial
misslatemeni, wheiher due lo fraud or error, and to issue an audiiorfs report that includes our opinion. Reasonable
assurance is a high level of assvronce but is nol a 8uaranle¢ thal an audit conducted in accordance with ISAS (UK) will
always delect a mat¢ri81 misstatement when it exists. Mi$siat¢m¢nt5 can arise from fraud or error and are considered
material if. individually or in the aggregate, (hey could reasonably be expcclcd lo intluence the economic decisions of
users taken on the basis of these financial s￿leMentS.
The extent to whi¢h our procedur¢s are capabl¢ of det¢¢ting irregulariti¢5. including fraud, is detailed below.
Explanation 4$ to what ¢xt¢Dt tb¢ audit wa$ considered ¢gpable of detertin8 irregularitie5, including fraud
We gained an uftdersianding of the legal and regulatory framework applicable to the charity and industry in which ir
operates and considered the risk of acts by the charity that were contrary lo applicable laws and regulations, including
fraud. These included, bul were not limited lo. the Companies Aci 2006. ChHritics Act 201 l and Charilics SORP (FRS
102).
We evaluated management's incentives and op￿)rtunitIeS for fraudulent manipulation of the financial statements and the
financial report (including the risk of override of controls), and determined ihat the principa] risks were related to w>sting
inappropri3t¢ entri¢s including journals to overstate r¢v¢nue or understate expenditure, and management bias in
a¢wuntin8 estimates.
P48¢ 6

The Theosophieal Soeitty in England and Wales
Charitable Company limi¢ed by guarantee
Independent Auditor's report to Ihe members of
The Thtosophical Society in En8l*nd and Wiles {Continued>
Year ended 30 September2024
Audit procedure5 perfornied by the engagement team included..
discussions with management. including considerations of known or suspecied instances of non-compliance
with laws 8nd regulaiions and fraud.
evaluation of the operatin8 effectiveness of managcmcnt's controls designed 10 prevent and dclect irr¢8ularilics;
identifying and testing journal entries.
Owing to the inherent limitations of audit. Ihere is an unavoidable risk that we may not have detected some material
misstatements in the financial statements, even though we have properly planned and performed our audit in accordance
with auditing standards. For example. the further removed non-compliance with laivs and regulaliong (irregularities) is
from the evenis and iransaciions reflected in ihe financial sialemenis, Ihe less likely the inherently limited procedures
r¢quir¢d by auditin8 Standards would identify it. In addiiion. ￿ with any audil. th¢r¢ remained a higher risk of non-
detection of irregularities, as ihese may involve collusion, forgery, inleniional omissions, misrepreseniations, or ihe
override of inrernal controls. We are not responsible for preveniing non-compliance and wnol b¢ expected to d¢le¢l
non-compliance with all law5 and regUl￿10n5.
A fvrther description of our responsibililies for the audit of the financial slatemcnts is locared on the Financial Reporting
Council's websile al'.l/www.frc.or8.ukJaudilorsresponsibililics. This description forni$ part of Ihe auditor's r¢port.
U$¢ ofour Report
This report 1$ made solely 10 the charitable ¢ompany's members, as a body, in accordance wilh Chapter 3 of Pan 16 of
the Companies Aci 2006. Our audii work has been undertaken so thai we mighi slate io the chariiable ￿mpanY'S
members rhose mallers we are required io stale to them in an auditor's report and for no other purpose. To the fulle51
extent pemiiried by law, we do noi accept or assume respx>nsibility lo anyone oihcr ihan the Charitable ￿MpanY and the
Charl￿ble company'5 members as a body, for our audit work. for this report. or for th¢ opinions w¢ have forni¢d.
Andr¢w Dean ACA (Senior SiaDJtory Auditor)
For and on behalf of
Mercer & Hole LLP
Chartered Accountants And Statutory Auditor
21 Lombard Street
London
EC3V 9AH
Date:
P74ge 7

The Thtosophieal Society in Engl*nd and Wales
Charitable Company limited by guarantee
Stalement of finAntitl *¢tivities
Year ended 30 September 2024
Unrestritted Restritted
Funds
Funds
2024
2024
Totsl
Unrestricted Restricted
Funds
Funds
2023
2023
To¢41
2024
2023
Incofflt
end•wmtnt from:
Donations and legacies
Investment Activities
Other income
101.185
238.674
35,583
101.185
238,674
35,583
5,420
241,294
32.973
11,000
16,420
241.294
32.973
375,442
375,442
279,687
11,000
290,687
endilyre on:
Staff costs
Other expendi￿re
{114,727)
(295,771)
(114,727)
(295,771)
(118,388)
(260,020)
(118,388)
(6.000) (266,020)
io
(410,498)
(410,498).
(378,408)
(6,000) (384,408)
Nel gains on
investmenis
16
317,121
317.121
83.759
83.759
Net in¢omingl
(outgoing) resources
282.065
282,065
(14,962)
5,000
(9,962)
Net movement in
fund$
282.065
282,065
(14.962)
5,000
(9.962)
Fund balanc¢ al I
Ociober 2023
9.052,620
5,000 9.057,620
9,067,582
9,067.582
Transfer b¢lwecn
funds
Fund b#l*nee *130
Sep¢emb¢r 2024
24
9,334,685
5,000 9,339.685
9,052,620
5,000 9.057,620
All ihe aciiyilies of the company are from continuing operations.
There were no restricted funds received in the current year.
The Sthiement of Financial Activities includes all gairts and losses recognised in the year.
Th¢ Statement of Financial Activities also complies with the requirements for an income and expenditur¢ a¢￿Unt under
Ihe Companies Act 2006.
Th¢ no¢es p4g¢$ I I to 20 form part of thue fingll¢iAI slatements.
Pai¢ 8

The Theosophical Society in England and Wale5
Charitable Company limiled by gu4r8nie¢
St•itmtrtt of fingmcl*l po$ltlo
30 September 2024
2024
2023
No¢¢
Fixed *55ets
Intangible assets
Tangible assets
Invesiment properties
Investments
13
14
10.794
2,974,636
2,225,000
3 998 722
12.542
2,977,251
2,225,000
3 846 689
16
9,209.152
9.061.482
Current 48$eis
Stocks
Debtors
Cash ai bank and in hand
17.525
47,732
148 684
213,941
18,690
4,801
17
57,684
Crediton: •MO￿nIS falling d4¢ wiihin OTr¢
year
IY¢t turr¢￿t *yyels
18
(83,408)
(61,546>
130,533
9,339.685
{3,862}
9,057,620
To¢al *s$etJ le$$ ¢￿TTent li4bili¢i¢s
Net AJse¢s
9,339,685
9,057,620
Funds
R¢siri¢t¢d funds
Unrestricted funds
Total funds
5.000
9 334.685
9 339685
5,000
9 052,620
9 057 620
23
These financial stalemenis hav¢ been prepared in accord￿￿¢ with the provisions applicable io companies, subj¢cl lo rhe
small companies, r¢8ime and in aG￿rdance wilh FRS 102 'Th¢ Finan¢ial Reporting Si3ndard appli¢abl¢ in ih¢ UK and
R¢public of Ir¢land'.
These financial stat¢ments were approved by the board of dir¢¢iors and 4uthori8ed for issue on 0110412025 and are signed
on behalf of the board by..
J Baker
Direcior
Company registration number.. 09705732
The notes on pages I I to 20 form part of ihtse fin8neial statements.
Poge 9

The Theosophical Society in England 4nd Wgles
Ch8ritable Company limited by guarnThlee
Stgtement of eash Ilows
30 September 2024
2024
2023
Notes
Cash flows from opera(inc Activilits
Cash (absorbed by) operations
22
(16,803)
(197,889)
Inv¢#tlni *¢tlvltle$
Purchw of intangible assets
PuTchase of tangible fixed asset5
Proceeds on disposol of other invesiments
Investment income received
(1,788)
131294
122.377
Nel ¢gsh £¢fter*t¢d from inve$tinE *¢tivi¢i¢$
131.294
120.589
Ne¢ ¢#sh used in fiTrin¢in8 *eiivilies
Net increAse IA t)Ish A Trd c#sh equivalents
114.491
(77,300)
Cash and cash equivalenis al beginnin8 of year
111493
Cash •nd cash equivalents al end of yeor
148684
The notes p4ges I I to 20 form p*r¢ of ¢he5e fJn*n¢iwl s¢a¢ements.
Page 10

The Theosophical Soeiety in England and Wales
Ch*ritAble Comp&Ny limited by gufirantee
Notts to ihe finaTr¢i#l statements
Year ended 30 September 2024
Gener*1 informlltion
The chariiable company is limiied by guarantee and re8isl¢red in England. The address of the re8iSt¢red office is So
Gloucester Place, London, W l U 8EA.
St*t¢m¢nt ol ¢ompllan¢¢
These financial statemenis have been prepared in compliance with the provisions of FRS 102. 'The Financial
Reportin8 Standard applicable in the UK and Republic of Ireland,.
The financial stut¢m¢nls h8v¢ b¢¢rt pr¢pgr¢d in a¢¢ordan¢¢ wilh lh¢ ¢hari18bl¢ ¢ompany's governing do¢um¢nt. the
Companies Act 2006 and"Accounting and Reporting by Charities.. Statement of Recommended Practice" applicable
to charilies preparing iheir a¢¢ounts in accordance with the Financial Reportin8 Standard applicable in the UK and
R¢public of Ir¢land (FRS 102 as amended for accounting periods ￿mMenc1ft8 l O¢tob¢r 2019>. The Charity is
Public Benefit Entity as defined by FRS 102.
Aceounling policies
Basil of prepAr)Itlon
The flnancial siatemenis have been prepared on th¢ historical cosi basis. modified io include ihe revaluation of
freehold properties and to include investment properties and certain financial insirumenis ai foir value.
The financial statements are prepared in sterlin8> which is the functional currency of the entity, rounded to the nearest
Fund ACCOllnting- unrestrieted funds
Unrestricted funds #re Available for use at the dis¢re¢ion of ihe Irusiees in further4n¢e of ihe general obj¢¢iives of ihe
charity And which have not been de$i8nated for other purposes.
F￿ffid ¥¢¢ountin£- re$iri¢l¢d fwnds
Restricted funds are funds which are to b¢ us¢d in accordance with $pecifi¢ r¢$triction$ imposed by th¢ donors and
grant awarding bodies.
Tangible 4$sel$
Tangible assets are initially recorded at cost and are subsequently stated al cost le￿ any accumulated depreciation
and impairment losses
Any tangible assets ¢arried at revalued amounts are r¢¢orded at the fair value at the dale of revaluation less any
subsequent accumulated depreciation and subsequent accumulated impairmeni losses.
An increase in the carrying amount of an asset a result of a revaluation, is reCogni￿d in other comprehensive
income and a¢¢umulated in capital and reserve$, excepl to the extent it reverse5 8 revaluation decrease of the same
ass¢t previously r¢¢o8nised in profil or loss. A d¢¢rease in rh¢ Carrying amouni of an asset as & result of revmluation
1$ recognised in other comprehensive income to the extent of any previously reco8nised revaluation increa
accumulated in ¢apital and reserves in respe¢1 of ihai asset. Where a revaluaiion de¢r¢ase ex¢e¢ds the 4¢¢umulated
revaluaiion. gains a¢¢umulat¢d in ¢apilal and reserves in r¢spe¢i of thai asset. the ex¢¢ss shall be re¢ognised in profit
or loss.
Depre¢iition
Depreciation is ¢ulculated so as to write off the ¢ost or valuation of an a5seL less its residual value. over the useful
economic life of that asset as follows..
Freehold property
Fixlures, fittings & equipment
No depreciation provide4 residual value is at least fair value
25Yo straight line
Page 11

The Theosophic41 Sotiety in England and Wales
Charitable Company limited by guarantee
Notes lo the financiAI stAlements {eontinued)
Yur ended 30 September 2024
If there is an indication that there has been a 5ignifi¢ant change in depreciation rate, useful life or residual value of
tangible asset4 the depreciation is revised prospectively to reflect the new estimaies.
Heritl8e assets
A heritage asset is an asset with historic. artistic, s¢i¢ntifi¢, technolo8ical, geophysical or environmental qualities
that 15 h¢ld and maintained principally for its contribution to knowledge and culture.
The ¢harity has a ¢olk¢iion of heritage assets whi¢h are held in support of the ¢hariry'S primary objects, which are..
To form a nycleus of the UniversAI Broiherhood of humanity wiihout disiinction of race, creed, sex. caste
or eolour.
To ¢n¢ouroge ihe study of ¢omporative r¢ligion J philosophy and science.
To investl8ate unexplained law5 of nature and the powers latent in man.
Heritage assets are Teco8ni5ed and measuTed in accordance with the tangible assets acry)unting pM)licy noted hbove.
Where herita8¢ assets are recently purchased, informa¢ion on the ¢osi or volue of the jssei will be avoilable 8nd these
5sets are recognised in a¢cordan¢¢ with the tangible assels policy. Where thi5 information is noi available,. and
c8nnoi be obtained at a cosr which is eommensuraie with th¢ ben¢fiiS 10 ih¢ ¢hurity and lis obj¢¢ls, the As￿15 or¢ nol
reco8nised in the slatement of financial position.
Herilage ossels (preservalion cosls)
Expenditure which, in the Truste¢s' view, is required to preserve or ¢learly prevent further deterioration of individual
)oks is recognised irt the In¢om¢ and Expenditure accouni whert it is ineurr¢d.
Intxn8lble &Jy¢¢J oth¢r thin 8oodwlll
Intan8ible assets acquired separately from 8 business arc reco8nised at cost and are subsequently meusured at cost
less accumulated Hmortlsation and accumulaled impaifmenl1055es.
AmortLSation is recogrtised so as io wriie off th¢ Cost or valuation of ass¢ts less their r¢sidual values over Ih¢ir usefvl
lives on the following bases..
Trademarks
l 0% strai8hi line
lttvestment properties
Investment property, which is property held to earn renials andlor for capital appreciaiion, is initially
recogni3ed at cost. which includes the purchase cost and any directly attributable expenditure. Subsequently
it is measured at fair value at the reporting end dale. The surplus or deficii on reV￿uatIon is recognised in
pmfii or loss.
Fixed gs$et investments
Fixed asset investments are initially recorded at cost and subsequently stated at cost less any accumulated
impairnient losses. Listed investments are measured at fair value, with changes in fair value bein8 recognised in
profit or loss.
Impairment
A review for indicators of impairment 15 carried out at each reporting dale, with ihe recoverable amount being
estimated where such indicators exist wh¢r¢ the carrying value 'ex¢eeds the recoverable amourtL the 4SS¢t is
impaired accordingly. Prior impairments are also reviewed for possible reversal at each Teporting date.
When it is not possible to estimate the recoverable amount of an individual assel an estimat¢ is made of the
re¢overabl¢ amount ofihe ¢¥sh-g¢n¢raiing unit io which the asset belongs. The cash.generating unit is the smallest
identifiable group of a$$eis ihat includes the asset and generates cash inflow$ that are lar8ely independent of the
cash inflows from oih¢r assets or groups of assets.
Pale 12

The Theosophical Society in England and Wales
Charilable Company limi¢¢d by guarantee
Not¢$ ¢0 ¢h¢ finAn¢i*l st4tem¢nl$ (¢ontinu¢d)
Y¢gr ended JO September 2024
Stocks are measured at the lower of cost or net realisable value. Cosi includes all costs of purchase. costs of
convershon and other cosis incurred in bringing the slocks to their present location and condilion.
FinAn¢iAI In$¢rym¢nt$
A financial ossei or a financial li&bility is re¢ogni￿d only when the company b¢¢omes a party lo ih¢ wnlra¢tual
provi5ion5 of the instrurnent.
Basic financial instruments are initilllly recognised at the trAnsa¢tion price, unless the Arrangement constitutes a
rinancing tran5aclion. where il 15 recognised at the present value of the future payments discounted at a market rate
of iniere5t for a Similar debt instrument. Debi instruments are subsequently measured at amortised cost.
Where iftvesrmenis in non-converlible pr¢f¢ren¢e shares and non.pullable ordinary shar¢s or pr¢f¢ren¢e shares are
publicly traded or their fair value can otherwise be measured reliablyTr th¢ investment is subsequently measured at
fair value with ¢h8ng¢s in fair valu¢ r¢¢o8nised in profil or loss. All oth¢r such inv¢glm¢nts are subsequently
m¢4$ur¢d Il ¢osl l¢$s impairment.
Oiher financial instrumenls, including derivalive5, are initially recognised at fair value, unless Payment for an asset
is deferred beyond normal business terms OT financed at a rate of inlerest that is not a market rale, in
which case the assel is measured at the present value of the future payment5 discounted at a market rate of
interest for a similar debi instrument.
Oiher finon¢ial insirumeni$ 4re subsequently m¢&sured ai foir value, with ony ¢hinge$ re¢ogni5ed in profit or loss,
wilh the exception of hedging instruments in a designated hedgin8 rtlationship. Financial assets ihat are measur¢d
al cosi or amortised are reviewed for objective evidence of impaimient at Ihe end of each reporting dale. If ihere is
objective evidence of impairment, an impairment10s$ 15 reco8nised in profit or loss immediai¢ly.
For all equity inslrumenis regardless of signifJ¢•rt¢e. oth¢r finan¢ial asseis that are individually significant,
these are assessed individually for impuirment. Other finan¢ial ass¢i$ or either assessed individually or grouped on
the basis of similar ¢redit risk ¢hara¢teristics
Any reversals of impainnenl are recogniged in profit OT loss immediately. to thc extent that the revcrsal does noi
resuli in a ¢arryin8 amounr of the financial asset thai exc¢¢ds what the ¢orrying amount would hov¢ b¢¢n had the
impairnient not previously been recognised.
TaxAlion
The chaTity is an exempl ¢h¥rity wiihin the meanin8 of 5chedulc 3 Of the ChaTitie5 Act 2011 and is considered to
pass the tests Set out in Paragraph I Schedule 6 Finance Act 201 O and therefore il meets the definition of a charitable
company for UK corporation purposes.
Going eon£ern
The Trustees have. at the lime of approving ihe financiai statements, a ￿250￿able expectation ihat the ¢haritsble ¢ompany
will have odequate resourc£$ to continue in operational existenc£ for the fore￿able futur¢. Th¢ goin8 wncern basis of
occouniirtg has therefore bEeft adopted in prep￿n8 the ffftart¢ial statementg.
The Tn￿tee3 have considered the level of funds held and the expected level of income and expenditu￿ for 12 months fiDm
the date of approval of these financial Statements and ￿e satisfied thai the charitable company's for¢casts show th* il will
continue in operation and meet its liabilities as they fall due for the foreseeable fvture and at a minimwn for 12 months
from th¢ date of signing the financial statements.
The TnLs*es have thettfore wntinued to adopt the going wn¢ern basis in preparing the ¢haritAble company's f￿ancIal
statements.
Judgements and key sourceg of estimation uneertlinty
In the application of the charity's accounting policies the tnjstees required to make jud8em¢nts. ¢stimai¢s and
umptions aknut the carrying amount of assets and liabiliti¢s thai ar¢ noi readily appar¢ni from other sour¢es. The
estimatesand Lssociaied assumptions ore based on htstorical ¢xp¢ri¢nc¢ and other factors that ar¢ ¢onsidenl to be ￿levant.
Actual results may differ frr)m these esiimales.
Pagt 13

The The050phit#l Society in England Mnd Wxle$
Charit*ble Comp#ny limited by gu#r#ntet
Notes to the fin*nti&l stattments leontinued)
Year tndtd JO Septtmbtr 2024
The esiimates and urtderlying assumptions ar¢ rtvi¢wrd on gn on80in8 this. R¢visions to a¢wwiiing ¢stimaies art rtwgnised
in the p¢riod in which the e$iimate is revised where the revision affects only that period or in the period of the revision and
futu￿ periods wthere the revi$ion Affects both current and future periods.
Key Mllrees of eslinbatbDn uncertainty
The estimates and assumptions which have a significamt risk of cau$ing a material adjustment to thc ¢arrying
amount of assets and liabililies are as follows.
Irtv¢sim¢nt prop¢rty VAlu*tion
Inveslment property, which is property held ￿ eam renthls Andlor for capital appreciaiion, is inilially re¢ogfftised ai ￿S¢.
Subsequently il is measured * fair value ai the rtwrtingend dal¢. This fair valu¢ is ¢stimaied by ih¢ dir¢clors based on prevailin8
fair values for similar prnixrties. Periodically professional valuations are undertaken to ensure the accuracy of these estimates.
Tangible fixed gsset V81u8tion
Freehold property is initially recognised at and subsequently is mu8ured Ai fgir vdue 4t the rewrting end dai¢. This foir
value is estirnated by the dire¢iors b8sed on pr¢voilirt8 fair values for similAr prop¢rti¢s. Periodi¢ally professional valu￿10n$ ore
undertaken to ensure the accurncy of these eslimates.
Limited by guarnnttt
The wmpany is a private ￿MpanY limited by guaranttt and has no share c4pitai. In the event of winding up the members,
liability is restn'cted to £1.
In¢om¢ from don*tKtyN$ •nd le8a¢ies
2024
2023
Donations
4.507
14,920
101.185
16,420
Income from donations and legacies was £101.185 (2023 - £16,420) of which £nil (2023 - £1 I,￿0) was attributyble
iesiTi¢red omd £101.185 (2023 - £5.420) was O￿]but8b1e to unrestyi¢*d fill￿.
Page 14

The Theosophi¢*l Soeiety in England and Wales
Charitydble Company l¢mited by guarantee
Notes to the finatheial statements {¢ontinued)
Year ¢Trded 30 Septembtr 2024
l#¢om¢ from ittv¢sim¢nts
2024
2023
Dividends
Rental ineom¢
131,294
107 380
238,674
122,377
118917
241294
All investmenl income was unresth¢ted (2023- unresth¢ted}.
Other ineome
2024
2023
Members subscriplions
Courses, conferen￿S aKi ¢venis
Books & DVD sales
Other
9,900
12.539
(196)
13,340
35,583
11,002
15,267
2,642
32,973
All other income received was unr¢stricted {2023- unrestricted).
Stsff ¢o$ts
The average number of persons employed by the wmpany during the year amounted to 4 (2023: 5).
The a88regale payroll ￿sts incurred durin8 the year were..
2024
2023
Wages and sal￿1¢$
No ¢mploye¢ ￿¢¢iVed tothi employee benefits of MO￿ than £60.0(K).
114727
io.
AllotAtlon of other eosts
2024
2023
Esiablishment ¢osts
Administrative cos
Other expense5
Ex¢epiion8J items
48,263
118.246
83.751
48,404
78,200
65,983
73,433
295 771
Page 15

The Theosophical Society in England and Wales
Ch*ritabl¢ Company limited by gu*ran¢ee
Note$ ¢0 the fin4n¢ial statements (continu¢d)
YeAr ended 30 September 2024
Auditor's remunerntion
Net movement in funds is stated after charging..
2024
2023
Fees payable for the audit of the finhncial 4atem¢nis
10.920
12.
lThvestment management costs
2024
2023
Invesknent manager fees
All of tt* aiwjvc cO￿S were aitributable to unrestricted ￿nds.
13.
Intangible Assets
TrAdemarks
Total
Co$1
Ai l Oclot*r 2023
Addilions
AI JO Sep¢ember 2024
17,482
17,482
Amortisalion
Al l O¢tober 2023
Charge for the year
At 30 September 2024
4,940
4.940
At 30 September 2024
At l O¢tobBr 2023
14. T•ngible Amets
Freehold
prop¢rty
Fixtur
rittings &
equipm¢nl
Total
Fair V4lu¢lCost
At l OctokT 2023
Revalualion
At 31 Sept¢mb¢r2024
2.970,000
38.432
3,(K18,432
2 970,000
38,432
3 IX18 432
Depreeiglio
At l October 2023
Ch8Jge for the ytsr
At 30 September 2024
31.181
Carrying amount
At30 S￿le￿ber 2024
2,970,000
4,636
2 974,636
At l October 2023
2.970,000
2 977251
Pag¢ 16

The Theosophical Society in England and Wale$
Ch8ri¢able Company limited by gu8ranlee
Notes to the financial stat£meTht8 (continued)
Ye&r end¢d JO S¢pt¢mb¢r 2024
14.
TaThgible Assets (coTh¢inued)
The freehold property was valued by White Dru¢e & Brown Property Consultants in September 2022, in accordance
wilh the r¢l¢vani sections and standards contained wiihin the eurrent edÉlion of the RICS Valuation
Global
Standards 2022, incorporating the Iniemational Valuation Standards Global and the UK {the "Red Book").
T4n8ible fixed asseis- heriia8e asseis
The charity has a ¢olle¢tion of ¢irca 4,300 books thai have been a¢¢umulaied over the last 150 years. The subjeci
matter of the books covers areas that are of ¢ontemp)rary interest such as iheosophy, psychology, freemasonry and
Ihe occuli, some ianging as far back &s ihe 16th cenDJry. The origin of the book collection varies. Some of the books
are writings of leading exponents of theosophical thought, which have been passed down through the years, whilst
considerable number have been gifted. donaled or bequeathed to the charity from the personal libraries and book
collections of m¢mbers. The vast majority of ihe books held were acquired in the 18th to 19th ceniuries.
In the view of the Tru$iees the ￿lleCtIOn meets the re¢ogniliort criieria of heritage assets. and are held in support
of ihe ¢harity's primary objects as sei out in the a¢counting poli¢ies. The TnhSte¢s have entrusted the ¢ollection of
books to the care of an educational foundation, LighiEn Education Nen¥ork, for storage, where they are preserved
in a climate-controlled environment to preserve thern. The book collection remains the property of the charity, but
ai any time 011 ihe EM)oks wiihin the ¢olle¢iion ar¢ on display ond a¢¢ess is permitied to s¢holars and others for
r¢f¢r¢n¢e, res¢ar¢h and ¢du¢ation reseawh purpos¢5.
The collection includes some rare books which. in the opinion of the Tryste¢s, are of parii¢ular si8nifi¢an¢¢. Some
of the books are in poor condition but are of 8reat rarity.
The Trustees do not consider thai reliable cost or valuation infomiation can be obtained for the vast majority of
iiems held in the book collection. This is because of ihe diverse nature of the books held, the number of books in
the collection and the lack of comparable market values. The charity iherefore does not recognise these assets on
Ihe statement of financial position, other than recent acquisitions where ¢osi Can be reliably established
15.
Inveslment Properties
Fair V#lue
Ai l October 2023
Nel sains or losses through fair value adjustmenis
AI 30 September 2024
2,225,000
2 225 000
The investment property was valued by White Druce & Brown Property Consuliants in September 2022, in
8¢¢ord8n¢e with the r¢l¢v8nt S¢¢lions and stand¥ds contained within the current edition of th¢ RICS ValuatLOn -
Global Standards 2022. incorporating the International Valuation Standards Global 8￿d the UK (the"Red Book").
PA8e 17

The Theosophieal Society in England gnd Wales
Charitable Company limited by guarantee
Notes to the fingnciAI statemen15 (contin￿ed)
Ve#rended.30 September 2024
16.
Fixed A55et Investments
Listed
investments
Other
investmen
Total
Co$t
At l October 2023
Disposalsnransfer
Valuation changes
3.846,589
(165,000)
317,121
100
(88)
3.846,689
(165,0881
317.121
At 30 Sept¢mb¢r 2024
3,998,710
12
3,998,722
Carrying amoun¢
At 30 September 2024
3998710
12
3.998,722
At l O¢tober 2023
3.846,589
100
3 846 689
Other invesiments relAte to a 100% investment in a dormant subsidiary.
Name of undert8kin8'.
Re8isier¢d offi¢¢.'
The Theosophical Publishin8 House Limited
50 Gloucester Place, London, Wl U 8EA
Other inve51ment$ 0150 relote to a 100% investment in a dorrnant subsidiary with no Shares.
Name of undertakin8'.
Registered offi¢e'.
The En81i$h Theosophicol Trust Limited
SO Gloucester Place, London, Wl U 8EA
17.
Debtftyrs: amounts fallln8 due wlthln one-year
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
24,422
108
2,322
2.287
2.514
VAT
18. Creditors: amounts falling due within one-year
2024
2023
Trade creditors
OtheT ¢reditors
Accruals and deferr¢d incom¢
Payroll control
18.613
13,616
50.811
368
3.457
24,251
33,838
Page 18

The Theosophitil Society in Englartd and Wales
Charitable Company limited by guarantee
Note$ ¢0 ¢he financial statementg (continued)
Y¢4r ¢nded 30 S¢ptember 2024
19.
Trustees Remuneratlon & Expenses
Thr¢¢ of the Trusiees were paid £56,077 in total for specialist management services. In the prior year the
equival¢ni costs were £48,000 in total.
During the year, Trustees were reimbursed £896 (2023: £1.697) in respect of expens¢s incurred on their behalf.
20.
Operating lemse commitmentJ- lejjor
At ihe rep)rtin8 end date there w¢r¢ ¢ontracled l¢aKs in place with tenants for the followin8 minimum lease
payments:
2024
2023
Within one yettr
Between iwo and five years
More ihan five years
120,000
640,000
720 000
1480 000
27,000
21.
EveTrts afttr the reporting date
No events after ihe reportin8 date have been identified.
22.
CAsh genergted from tspernlioni
2024
2023
Surplusl(Deficitl for the yettr
Adjustm¢nts for..
Invesimeni irt¢ome re￿gnISed in s￿lement of financial a¢tiviti¢s
Fair value 8ains on investments
Inve5tmeni disposals
Wriie off of investmeni
Depreciation and amortisation of fixed auets
Movemenis in workin8 Capital..
Decrease in $to¢ks
(Increase) IDecreose in debtors
In¢re4s￿(De¢re￿) in Crediiors
282.065
(9.962)
(131,294)
(317.121)
165.000
88
4.363
(122,377)
(83,759)
8,651
1,165
(42.931)
21,862
1.224
11.884
(3.550)
Cash Absorbed by operation5
(16.803)
(197.889)
Page 19

The The050phi¢*l Society in England Wales
Ch*rit*ble Company limi¢ed by gu*rantee
Note$ to the finaneiAI $tatement$ (continued)
Yur ended 30 Septemb¢r 2024
23.
At¢umul*ied funds
Analysis of mov¢meni in funds- ¢urTent y¢8r'.
Balance al
oiiior23
Balance ai
30109124
Inwmin8
Outgoin8
Transf¢rs
Unr¢strici¢d funds
9 052 620
692 563
410 498
9 334 685
Restricted funds
IT Equipment
Library
Digitisation
Toial funds
5.000
5,000
9 057 620
692 563
410498
9 339 685
Analysis of movement in funds- prior year..
Balance at
01110122
Balance at
30109123
Incoming
Oul80in8
Transfers
Unrestri¢t¢d funds
Restricted funds
Total funds
9 067 582
363 446
378 408
9 052 620
9 067 582
374 446
384 408
9 057 620
24. Anglysi$ of net assets betwttn f￿ndS
Unr¢siri¢ied funds
Restricted funds
Total
Fund balances as at 30
S¢pt¢mb¢r 2024
represented by:
Fixed assets
Current assetsl{liabilities)
9,209,152
125 533
9 334 685
9,209,152
130 533
9 339 685
UnTes¢ricted funds
Restricted funds
Total
Fund ba18nc¢s as at 30
September 2023
represented by:
Fixed assets
9,061.482
9,061,482
Current assetsl{liabilities)
9 052 620
9 037 620
Page 20