## **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.