## **Trustees’ Annual Report for the period**
**From 01/01/2021 Period start date To 31/12/2021 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 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 including Masbro
Centre, White City Community Centre,
West Gibbs estate, The Peabody Trust,
Dalgarno Trust and Riverside Studios)
• Disabled adults and children (Action
on Disability, Log Cabin) • Elderly
groups (AgeUK, South London Cares,
Manchester Cares and council
projects) • Adults with ill health
(Maggie’s 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 the Charity Commission’s
public benefit guidance when
exercising any powers or duties to
which theguidance 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 2021, Lumi Foundation delivered
classes to 9,963 people with 15 teachers
teaching regular weekly classes.
This year, as the world started to open up
again after the lockdowns caused by the
Covid-19 pandemic, Lumi Foundation
started to deliver more classes in person,
as well as continuing to host some classes
on livestream.
During the year, Lumi Foundation provided
19 in-person classes and 15 livestream
classes.
Below is a list of the classes provided
during the year.
Partner: Community Champions
35 classes in person for the community at
White City Community Centre; 45
livestream classes and 25 in person
classes for Masbro Centre; 52 livestream
classes for West Gibbs Community Centre
Aim: increase mobility and health and
create connection in communities to
combat loneliness and isolation
Partner: The Peabody Trust
20 pregnancy yoga classes and 57 chair
yoga classes delivered in person at Old
Oak Community Centre
Aim: create strong communities and
opportunities for connection as well as
improving health and mobility
Partner: Action on Disability
9 in person classes
Aim: to increase mobility, general health
and create connections through delivery of
mat and chair yoga for disabled and
vulnerable young people
Partner: Maggie’s Southampton
68 classes chair and mat yoga classes for
cancer patients, delivered on livestream
Aim: to improve general health, practice
mindfulness and create a strong community
Partner: Maggie’s London
102 chair and mat yoga classes for cancer
patients, delivered on livestream
Aim: to improve general health, practice
mindfulness and create a strong community
Partner: Age UK
72 chair and mat yoga classes for the
elderly (over 55 years) delivered in person|
|---|---|---|
Aim: to increase mobility, improve general health, and encourage connection Partner: Dalgarno Trust (Iraqi Women’s League) 5 mat and chair yoga classes delivered on livestream Aim: to improve general health, practice mindfulness and share a fun activity Partner: Log Cabin 31 mat classes in person for keyworkers working with children with various disabilities Aim: to improve general health, practice mindfulness and relax Partner: London Borough of Hammersmith & Fulham council (Regeneration, Planning & housing services) 6 chair yoga classes at Malvern Court for the Elderly Aim: to improve general health, practice mindfulness and bring the community together Partner: South London Cares 11 chair yoga classes on livestream Aim: to maintain mental awareness and mobility for the elderly and their befrienders Partner: Manchester Cares 4 chair yoga classes on livestream Aim: to maintain mental awareness and mobility for the elderly and their befrienders Partner: Riverside Studios 32 in person mat classes 5 in person chair yoga classes 50 livestream mat yoga classes 12 livestream classes for children Aim: to improve general health, reduce stress, build local community and connection Partner: Imperial College 21 livestream classes for employees Aim: to improve general health, practice mindfulness and create connection Partner: Hammersmith United Charities residential units 10 chair yoga classes for residents at Sycamore House and 5 chair yoga classes for residents at John Betts House Aim: to introduce an activity for the residents to enjoy together, while improving their physical and mental health Partner: Cobham Community Centre
|16 yoga classes for the elderly and 26 yoga|
|---|
|classes for adults with learning disabilities|
|and their carers|
|Aim: to introduce a physical practice to|
|enjoy and build community and connection|
|Livestream classes provided independently|
|of partners for the community:|
|43 mat yoga classes on Thursdays|
|51 chair yoga classes on Fridays|
|51 mat yoga classes on Saturdays|
|51 yin yoga classes on Sundays|
|EVENTS AND FUNDRAISING|
|Lumi Foundation continued to build|
|awareness of its services and raise funds|
|through several events including:|
|
Three online livestream Yin|
|fundraising workshops in Spring,|
|Summer and November 2021|
|
The Foundation ran an online|
|programme of 40 Days to Personal|
|Revolution and invited donations|
|from participants|
|
In October 2021 Foundation yogis|
|took part in a sponsored event, 108|
|Sun Salutations|
|
Festive Flow Dec 2021 – including a|
|fundraising raffle with prizes|
|donated to the Foundation by local|
|businesses and individuals|
|OPERATIONS ADMINISTRATION|
|To protect the health and safety of teaching|
|staff and participants in our classes and|
|programmes, all in-person classes and|
|programmes were carried out in|
|accordance with our Covid-19 guidelines,|
|which were prepared in line with|
|Government guidance. During the|
|lockdown in January-March 2021, classes|
|were transitioned online.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set
|Performance of fundraising
activities against objectives
set|Para 1.41||
|---|---|---|
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the 2021 financial year Lumi
Foundation’s net assets were £24,794.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserve funds are held to deliver free and
low-cost services and are also held as a
buffer for unforeseen expenditure.|
|Amount of reserves held|Para 1.22|Balance at the end of 2021 - £24,794 of
which cash £23,629|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A|
## **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|Principal sources of funding include
payments from partner organisations,
grants and donations from individuals and
organisations including Lumi Power Yoga.|
|---|---|---|
|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**
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Ari Iso-Rautio|Chair|||
||Elina Iso-Rautio||||
||Elizabeth Powell||||
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– 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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**
## **Lumi Foundation**
Charity Accounts Registration Number 1172800
## **Financial Year**
Start date: 1st January 2021 End date: 31st December 2021
## **Lumi Foundation**
## Contents Page
For the financial year ended 31st December 2021
|Charity Information|3|
|---|---|
|Accountants' Report|4|
|Profit and Loss|5|
|Balance Sheet|6|
|Notes to the Financial Statement|7|
|Detailed Profit and Loss|8|
2
## **Lumi Foundation**
Charity Information For the financial year ended 31st December 2021
Charity Address 121 King Street London W6 9JG Trustees Mr Ari Iso-Rautio Mrs Elina Iso-Rautio Ms Elizabeth Powell Accountant Gains Accountants Queen Elizabeth Olympic Park Plexal, 14 East Bay Lane E20 3BS
3
Lumi Foundation
Accountants, Report
For the financial year ended 31st December 2021
We have prepared the accounts lor the financial year ended 31st December 2021.
In accordance with your instruction5 we have generated this set of accounts using the Informalion
and accounting records provided by you
Gain5 Accountants
Queen Elizabeth Olyrnpic Park
Plexal, 14 East 8ay Lane
É20 3BS
14th July 2022
Client Approval CertSflcate
l approve these accounts and I confirm that all relevant records and information have been made
alèilablp in their preparation.
IAr Ari I'.o-Rautio
## **Lumi Foundation**
## Profit and Loss
For the financial year ended 31st December 2021
|**Notes**
**Turnover**
Cost of Sales
**Gross Profit**
Adminstrative Expenses
**Operating Profit**
**Profit for the financial year**|**2021**
**£**
43,105
(48,148)|
|---|---|
||**(5,043)**
(1,318)|
||**(6,361)**
**(6,361)**|
5
## **Lumi Foundation**
## Balance Sheet
For the financial year ended 31st December 2021
|**Notes**
**Fixed assets**
Tangible fixed assets
2
**Current assets**
Debtors
3
Cash at bank and in hand
**Creditors: amount falling due within one year**
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Capital Account**
Net profit
Retained earnings|**2021**
**£**
-
**-**
1,685
23,629
**25,314**
-
**25,314**
(520)|
|---|---|
||**24,794**
(6,361)
31,155
**24,794**|
6
## **Lumi Foundation**
## Notes to the Financial Statement
For the financial year ended 31st December 2021
## **1. Accounting Basis**
## **Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard (FRS 102) and with the Charties Act 2011.
## **2. Tangible fixed assets**
|**Cost or Valuation**
At 1st January 2021
Additions
Disposals
**At 31st December 2021**
**Depreciation**
At 1st January 2021
Charge for the year - 25% on Straight line basis
Disposals
**At 31st December 2021**
**Net book values**
At 31st December 2021
At 31st December 2020
**3. Debtors**
Trade debtors|**2021**
**£**
2,310
-
-
2,310
2,117
193
-
2,310
-
193
**2021**
**£**
1,685|
|---|---|
7
## **Lumi Foundation**
## Detailed Profit and Loss
For the financial year ended 31st December 2021
|**Turnover**
Donations
Grants
Class Fees
**Cost of sales**
Teachers & Coordinator wages
Management wages
Fundraising events costs
Gross Profit
**Administrative Expenses**
Advertising and Marketing
Audit & Accountancy fees
Depreciation
General Expenses
Insurance
Operating Profit
Profit on ordinary activities before taxation
**Profit for the financial year**|**2021**
**2020**
**£**
**£**
6,039
19,864
12,675
24,391
12,164
**43,105**
**32,028**
(24,071)
(26,533)
(22,093)
0
(1,984)
(2,135)
(48,148)
(28,668)
**(5,043)**
**3,360**
0
0
(519)
(521)
(193)
(578)
0
(339)
(606)
0
(1,318)
(1,438)
(6,361)
1,922
**(6,361)**
**1,922**
**(6,361)**
**1,922**|
|---|---|
8
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name Lumi Foundation **members of On accounts for the year** 31[st] December 2021 **Charity no** 1172800 **ended (if any) Set out on pages** 2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2021** .
**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Signed: Date:** 14[th] July 2022 **Name:** Phool Ashraf **Relevant professional** ACCA **qualification(s) or body (if any):**
**Address:** Gains Accountants, Queen Elizabeth Olympic Park Plexal, 14 East Bay Lane E20 3BS
1
**IER**
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
N/A
2
**IER**