2020-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2020 Period start date To 31/12/2020 Period end date

Charity name: Lumi Foundation

Charity registration number: 1172800

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The advancement of health for the public benefit by providing practices of yoga to individuals and communities in England who would otherwise not have access to yoga by reasons of youth, age, ill-health, disability, financial hardship or other disadvantage. “Practices of Yoga” means: 1) Physical asana (yoga) exercises, 2) Meditation and mindfulness practices, and 3) Philosophical / personal inquiry.

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	• Lumi Foundation delivers free and low cost yoga and meditation classes and programmes to a wide range of groups, predominantly in West London, including: • People on low income (partnering with Community Champion projects, Bayonne and Field, Charecroft, West Gibbs and Old Oak estates, Dalgarno Trust, Riverside Studios) • Disabled adults and children (Action on Disability, Shaw Trust and Mencap) • Elderly groups (Age UK, South London Cares and council projects) • Adults with ill health (Maggies UK) Lumi Foundation works with partner organisations with demand for yoga and provides accessible and adaptable classes at locations that suit the practitioners. We also provide online yoga classes and programmes directly to our beneficiaries.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees consider these activities to be aligned with the Charity’s objectives as set out in its governing document. Furthermore, the trustees can declare that they have had due regard to Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During 2020 Lumi Foundation delivered classes to 7805 people. 25 teachers and assistants were involved in delivering the classes at the beginning of the year. At year end, 11 teachers were teaching regular weekly classes. As a response to the Covid-19 pandemic, Lumi Foundation transitioned from providing in- person classes to livestream (online) classes, and when permitted, provided a mixture of in- person and livestream (online classes). During the year, Lumi Foundation provided 28 in-person classes and 13 livestream classes. Below is a list of our classes that we provided during the year. Note that many of our partners were unable to continue operating during the various lockdowns, which limited our ability to provide classes continuously throughout the year. Partner: Action on Disability(13 in person and 7 livestream classes in 2020) Mat and chair yoga for vulnerable and disabled people Aims: Increase mobility, improved general health and create connections Partner: Maggie’s London(25 classes in 2020) Chair and Mat yoga for cancer patients Aims: Improve general health,

practice mindfulness and share a fun activity Partner: Age UK (24 classes in 2020) Chair and mat yoga for the elderly Aims: Increase mobility, improve general health, cultivate human connections Partner: Bishop Creighton (10 classes in 2020) Mat and chair yoga for vulnerable and disabled people Aims: Increase mobility, practice mindfulness and share a fun activity Partner: Community Champions (70 classes total in 2020) All levels classes at four locations: 1) Bayonne and Field Estate (10 classes in 2020), 2) Charecroft (21classes in 2020), 3) West Gibbs (21 classes in 2020), 4) Old Oak (7 classes in 2020), 5) Masbro Centre (11 classes in 2020) Aims: Improve general health, reduce stress, build local connections at an affordable price Partner: Dalgarno Trust (Iraqi women’s league) (8 classes in 2020) Mat and chair yoga Aims: Improve general health, practice mindfulness and share a fun activity Partner: Firm (10 classes in 2020) People in recovery from addiction to

drugs and alcohol Aims: Improve general health, practice mindfulness and share a fun activity Partner: Greenside Primary School (8 classes in 2020) Kids class Aims: Improve general health, cultivate mindfulness and connection Partner: Log Cabin (18 Classes in 2020) Mat yoga for staff Aims: Improve general health, practice mindfulness and share a fun activity Partner: London Borough of Hammersmith & Fulham council (Regeneration, Planning & housing services) (11 classes in 2020) Chair yoga at Malvern Court for the Elderly Aims: Improve general health, practice mindfulness and share a fun activity Partner: Mencap (9 Classes in 2020) Mat and chair yoga for young disabled people Aims: Improve general health, practice mindfulness and share a fun activity Partner: Prospects and Shaw Trust (29 classes in 2020) Mat and chair yoga for disabled and

disadvantaged people Aims: Improve general health, practice mindfulness and create connection Partner: South London Cares (2 classes in person in 2020) Chair yoga at South London Cares Aims: Maintain mental awareness and mobility for elderly and their befrienders Partner: West London Welcome (5 livestream classes in 2020) Chair and mat yoga at West London Welcome (centre for refugees) Aims: Improve general health, practice mindfulness and create connection Partner: Riverside Studios (24 classes in 2020) Mat and Chair yoga for the community Aims: Improve general health, reduce stress, build local connections at an affordable price Partner: Yarrow (9 classes in 2020) Mat and Chair yoga for adults with learning disabilities Aims: Improve general health, practice mindfulness and create connection Partner: Walsingham Lodge (6 classes in 2020) Chair yoga for the elderly Aims: Improve general health, practice mindfulness and create connection Partner: Nazareth House (10 classes in 2020)

Chair yoga for the elderly Aims: Improve general health, practice mindfulness and create connection Partner: Imperial College (40 classes in 2020) Mat yoga for employees Aims: Improve general health, practice mindfulness and create connection Partner: Rise (Recovery Intervention Service Ealing) (7 classes in 2020) Mat Yoga at Everyone Active Gym in Acton Aims: Improve general health, practice mindfulness and create connection Livestream classes we provided independently of our partners: Thursday evening – Livestream class for the community (40 classes in 2020) Friday chair yoga - Chair Livestream community class (34 classes in 2020) Saturday morning – Livestream community class (35 classes in 2020) Sunday afternoon yin class - Livestream class for the community (33 classes in 2020) EVENTS AND FUNDRAISING Lumi Foundation continued to build awareness of its services and raise funds through several events

including:
• Held online livestream
classes in partnership with
lululemon Westfield during
December to raise		awareness
of the Foundation
• online livestream event
‘Summer Party’ on		21June
2020, as a means to			connect
with yogis during the
pandemic
• online livestream fundraiser
‘Yin – Self Care Sunday
workshop’ on 15	December
2020
• online livestream fundraiser
‘Yoga Nidra workshop’				on 19
December 2020
• online New Year's Eve				party
and fundraiser (31		Dec		2020)
– including a fundraising raffle
with prizes donated to the
foundation by local
businessesand individuals
OPERATIONS ADMINISTRATION
To protect the health and	safety of our
teaching staff and participants in our
classes and programmes,	all of our in-
person classes and programmes were
carried out in accordance with our
Covid-19 guidelines, which we
prepared in line with Government
guidance. During the various			periods of

lockdown, we transitioned our classes online and offered livestream classes. In August 2020 Lumi Foundation recruited a project director (Chief Impact Officer) to help drive day to day operations and to position Lumi Foundation for growth. In 2020, the newly appointed Chief Impact Officer coordinated the update of the Lumi Foundation’s communications and marketing activities and materials, including our website and social media. This is to ensure that they reflect our “brand” message and provide us with the tools that we require to establish growth.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

inancial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Despite a challenging year operationally due to Covid-19, the charity delivered a modest profit of £1,922 in the financial year 2020. The charity held £30,962 in net current assets
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	reserve funds are used to deliver free and low cost services, and are also held as a buffer for any unforeseen expenditure
Amount of reserves held	Para 1.22	£30,962 (Cash at bank and in hand)
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Charity’s principal sources of funding are donations from organisations including income from partner organisations, Lumi Power Yoga and lululemon, and donations from individuals.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Elected by charity trustees

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name Lumi Foundation

Other name the charity uses
Registered charity number	1172800
Charity’s principal address	121 King Street London W6 9JG

Names of the charity trustees who manage the charity

	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
1	Mr Ari Iso- Rautio
2	Mrs Elina Iso- Rautio
3	Ms Elizabeth Powell
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

C Nikolov Signature(s) Cristina Marion Nikolov Full name(s) Position (eg Chief Impact Officer Secretary, Chair, etc) Date 02/07/2021

Lumi Foundatlon Charity Accounts Registration Number 1172800 Flnancial Year Start date: 1st January 2020 End date: 31st December 2020

Lumi Foundation Contents Page For the financial year ended 3tst December 2020 Charity Information Accountants, Report Profit and L055 Balance Sheet Notes to the Financial Statement Detailed Profit and Loss

Lumi Foundation Charity Information For the financial year ended 31st December 2020 Charity Address 121 King Street London W6 9JG Trustees Mr Ari Iso-Rautio Mrs Elina Is(FRautio Ms Elizabeth Powell Accountant Gains Accountants & Business Advisers F2, 1st Floor, 210 Ilford Lane Ilford IGI 2LW

Luml Foundatloft AccoiJnlAnls' Flpport For the flnancial year ended 31st Decembef 2020 We have prepared the accounts lor the financial year ended 31st December 2020. In accordance with your instructions we have generated this set of accounts using the information and accounting records provided by you. Gains Accountants & Business Advisers F2. 1st Floor. 210 Ilford Lane Ilford IGI 2LW 8th June 2021 Client Approval Certificate l approve these accounts and I confirm that all relevant records and information have been made available in their preparation. MrAri Iso-Rautio

Lumi Foundation Profit and Loss For the financial year ended 31st December 2020 Notes 2020 Turnover 32,028 Cost of Sales 28,668 Gross Prnfit 3,360 Admin5trative Expenses 1.438 Operating Profrt 1.922 Profit for the financlal year 1.92Z

Lumi Foundation Balance Sheet For the financial year ended 31st L)e￿mber 2020 Notes 2020 Flxed assets Tan8ible fixed assets 193 193 Current assets Debtors Cash at bank and in hand 1.520 29,442 30.962 Creditors: amount falllng due wlthln one year Net current assets 30.962 Total assets less current Ilabllfties Net assets 31.155 Capital Account Net profit Retained earnings 1.922 29,233 31,155

Lumi Foundatlon Notes to the Financial Statement For the financial year ended 31st December 2020 l. Accountlng Basis Basis of accountlng The financial statements are prepared under the hlstorical cost convention and in accordance with the Financial Reporting Standard IFRS 102) and with the Charties Act 2011. 2. Tan8ible fixed assets C05t or Valuation 2020 At Istjanuary 2020 Additions Disposals At 31st D￿rnber 2021 2.310 2,310 Oepreciatlon At IstJanuary 2020 Charge for the year- 25% on Straight line basi5 Disposals At 31st December 2021 1.540 578 2,118 Net book values At 31st December 2021 193 At 31st December 2020 770 3. Debtors 2020 Trade debtors 1,520

Luml Foundatlon Detailed Profit and Loss For the financial year ended 31st December 2020 2020 2019 Turnover Donations Class Fees £ 19.864 £ 31,586 £ 12.164 £ 11.490 £ 32.028 £ 43,076 Cost of sales Teachers & Coordinator wages Fundralsing events costs -£ 26,533 -£ 23.567 2,135 -£ 793 -£ 28.668 -£ 24,360 Gross Profit £ 3,360 £ 18,716 Admlnlrtrative Expense5 Advertising and Marketing Audit & Accountancy fees Depreciation General Expenses Insurance 287 521 -£ 578 -£ 339 -£ 578 661 423 1,438 -£ 2,431 Operatin8 Profit 1,922 £ 16.285 Profit on ordinary activities before taxation 1.922 E 16.285 Pnfflt for the financial year 1.922 £ 16,285

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Lumi Foundation On a￿oUnts for the year onded 31" December 2020 Charfty no (if any) 1172800 Sot out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trusf) ft)r the year ended 31" Docembor 2019. Responsibilties and basis of report As the tharitys trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Acr>. I report in r8specl of my examination of the Trusys accounts carried out under section 145 of the 2011 Act and in Ggrying out my examination, I have follo%4ed all the appli(£ble Directions gi%￿ by the Charity Commission under sed￿n 145{5Mb) of th8 ACL Independent I have completed my examination. I confimi that no materbal fflatters have examinerfs ststement come to my attention in connection with the examination ¥*thich gives me cause to believe that in. any matertal respect: the accounting records were not kept in accordance with section 130 of Ihe Charthes Act: or a¢￿Unts did not accord with the accJ)unting records., or the accounts did not CA)mpty with the applicable requirements concerning the fom and content of accounts set OLrt in the Charities {A￿OUnts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue arKI fail view which is not a matter considered as part of an independent examination. I have no concems and have come across no other rnatte￿ in connection with the examination to which attention should be drawn in this report in cxder to enable a proper understanding of the a(xounts to ba r8ached. Slgnod: Date: 0810612021 Phool Ashraf Relevant professional qualification(s) or body (if any): ACCA Address: F2. 1. Floor. 210 Ilford Lane Ilford IG12LW

Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32. Independent examinatK)n of charity accounts: directions and guidance for examin￿5}. Give here brief detalls of any Items that the examlner wlshes to dlsclose. Not applicable.