## **Trustees’ Annual Report for the period**
## **From 01/01/2022 Period start date To 31/12/2022 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, 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 Champions projects including
Masbro Centre, White City Community
Centre, Bayonne estate and West Gibbs
estate, The Peabody Trust, Dalgarno Trust
and Riverside Studios); Disabled adults and
children (Action on Disability, Log Cabin,
Ashchurch Centre, Bishop Creighton House);
Elderly groups (South London Cares,
Manchester Cares, AgeUK, John Betts
House, Sycamore House, Percy Bilton
Court); Refugees and asylum seekers (West
London Welcome, Refugee Council); Adults
with ill health (Maggie’s, Headway).
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 directly to yogis
via livestream.|
Statement confirming Para 1.18 The trustees consider these activities to be whether the trustees have aligned with the Charity’s objectives as set had regard to the guidance out in its governing document. Furthermore, issued by the Charity the trustees can declare that they have had Commission on public benefit due regard to the 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:
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **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 2022, Lumi Foundation delivered 1,396
classes to over 12,000 yogis.
The foundation had 20 teachers teaching classes.
In 2022, we were able to re-open more of our
classes after the lockdowns caused by the Covid-
19 pandemic. We also continued to host some
classes via livestream.
Below is a summary of the classes that we
delivered in 2022.
Partner: Community Champions
76 classes in person for the community at White
City Community Centre; 39 livestream and 40 in
person classes for Masbro Centre; 26 livestream
and 32 in person classes at West Gibbs
community centre; 32 in person classes at
Bayonne community centre
Aim: increase mobility and health and create
connection in communities to combat loneliness
and isolation
Partner: The Peabody Trust
24 pregnancy yoga classes, 37 post natal yoga
classes, 72 chair and mat yoga classes delivered
in person at Old Oak Community Centre
18 in person chair yoga classes delivered at
Peabody housing estate, Hammersmith
Aim: to create strong communities and
opportunities for connection as well as improving
health and mobility
Partner: Action on Disability
15 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 London
33 in person classes at Maggie’s Charing Cross
29 in person classes at Maggie’s St Bart’s
101 livestream classes for the Maggie’s London
community
Aim: to improve general health, practice
mindfulness and create a strong community
Partner: Maggie’s Southampton
96 chair and mat yoga classes, delivered on
livestream
Aim: to improve general health, practice
mindfulness and create a strong community.|
Partner: AgeUK 97 chair and mat yoga classes for the elderly (over 55 years old) delivered in person Aim: to increase mobility, improve general health, encourage connection and combat loneliness Partner: Dalgarno Trust (Iraqi Women’s League) 12 mat and chair classes delivered in person Aim: to improve general health, practice mindfulness and share a fun activity as a group Partner: Log Cabin 41 mat classes in person for keyworkers working with children with various disabilities Aim: to improve general health, practice mindfulness and relax Partner: South London Cares 10 chair yoga classes in person Aim: to maintain mental awareness and mobility for the elderly and their companions Partner: Manchester Cares 4 chair yoga classes on livestream Aim: to maintain mental awareness and mobility for the elderly and their companions Partner: Riverside Studios 50 in person mat classes 50 livestream mat classes 2 classes for children Aim: to improve general health, reduce stress, build community and connection, offering an activity for the local community Partner: Imperial College 13 livestream classes and 17 in person classes for employees Aim: to improve general health, practice mindfulness and create connection Partner: Hammersmith United Charities 48 chair yoga classes delivered in person for residents at Sycamore House and 8 chair yoga classes delivered in person for residents at John Betts House Aim: to offer an activity for the residents to enjoy together, while improving their physical and mental health Partner: Cobham Community Centre 45 in person yoga classes for the elderly and 45 in person yoga classes for adults with learning disabilities and their carers Aim: to offer a physical practice to enjoy and build community and connection
Partner: Addison Primary School 17 weeks of yoga classes for Key Stage 1 children, delivered in person Aim: to help young children develop strength and flexibility and discover the connection between movement and breath through yoga games and poses Partner: Bishop Creighton House 12 yoga classes delivered in person to adults with learning and physical disabilities Aim: to support this community to improve general health and well being and create connection Partner: West London Welcome 46 yoga classes delivered in person to this community of refugees and asylum seekers Aim: to support health and well being and to support community and connection Partner: Percy Bilton Court 14 chair yoga classes delivered in person to this elderly community living in sheltered accommodation Aim: to help improve health, well being and to offer a shared activity for the community Partner: Earl’s Court Community Hub 12 mat and chair yoga classes delivered in person at this community centre Aim: to offer an activity for the community to support health and well being Partner: Ashchurch Centre 6 mat and chair yoga classes for this community of young adults with learning disabilities, delivered in person Aim: to share an activity and foster well being through yoga and focusing on the breath Partner: Headway 10 livestream classes and 2 in person classes for this community suffering from brain injury Aim: share an activity and improve well being by combining movement with breath Partner: St Antonio Eritrean Refugee Women 5 classes delivered in person Aim: to support this group of women to share a physical activity and build community and connection Partner: Refugee Council 3 classes delivered in person to a group of refugees
Aim: to bring this group together and promote community and connection through the practice of yoga Livestream classes offered by Lumi Foundation for the community (independently of partners) 49 chair classes on Fridays 50 mat classes on Saturdays 47 yin yoga classes on Sundays Events and Fundraising Lumi Foundation continued to build awareness of its services and raise funds through several events including: Two fundraising yin yoga workshops A team of 10 Lumi Foundation yogis took part in the Ealing Half Marathon for sponsorship Festive Flow December 2022 - over 50 members of our community joined us for this Christmas event, which included a yoga practice, meditation, raffle and silent auction
## **Additional information (optional)** You may choose to include further statements where relevant about:
Para 1.41 Achievements against objectives set Performance of fundraising activities against objectives Para 1.41 set Investment performance Para 1.41 against objectives Other
## **Financial Review**
|**inancial Review**|||
|---|---|---|
||||
|Review of the charity’s
financial position at the end of
the period|Para 1.21|At the end of the 2022 financial year, Lumi
Foundation’s net assets were £38,632
(Income for the year: £74,547.05)
(Expenditure for the year: £58,609.85)|
|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 end of 2022 - £38,632|
|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, grant-giving
bodies and organisations, including The
National Lottery Community Fund, Local
Giving, Hammersmith United Charities and
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**
||||||
|---|---|---|---|---|
||**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**|
|1|Ari Iso-Rautio|Chair|||
|2|Elina Iso-
Rautio||||
|3|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**
|**unds held as custodian**|**trustees on behalf of others**|
|---|---|
|||
|Description of the assets held
in this capacity|N/A|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|
|Details of arrangements for
safe custody and segregation
of such assets from the
charity’s own assets|N/A|
## **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**
**Signature(s)**
**Full name(s)** Ari Iso-Rautio **Position (eg** Chair of Board of Trustees **Secretary, Chair, etc)**
> **Date** 5 September 2023
## **Lumi Foundation**
Charity Accounts Registration Number 1172800
## **Financial Year**
Start date: 1st January 2022 End date: 31st December 2022
## **Lumi Foundation** Contents Page
For the financial year ended 31st December 2022
|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 2022
|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 2022
We have prepared the accounts for the financial year ended 31st December 2022.
In accordance with your instructions we have generated this set of accounts using the information and accounting records provided by you.
.................................................... Gains Accountants Queen Elizabeth Olympic Park Plexal, 14 East Bay Lane E20 3BS 5th September 2023
## **Client Approval Certificate**
I approve these accounts and I confirm that all relevant records and information have been made available in their preparation.
....................................................
Mr Ari Iso-Rautio
4
## **Lumi Foundation**
## Profit and Loss
For the financial year ended 31st December 2022
|**Notes**
**Turnover**
Cost of Sales
**Gross Profit**
Adminstrative Expenses
**Operating Profit**
**Profit for the financial year**|**2022**
**2021**
**£**
**£**
74,314
43,105
(53,361)
(48,148)|
|---|---|
||**20,953**
**(5,043)**
(4,583)
(1,318)|
||**16,370**
**(6,361)**|
||**16,370**
**(6,361)**|
5
## **Lumi Foundation**
## Balance Sheet
For the financial year ended 31st December 2022
|**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**
**Creditors: amount falling due after one year**
**Net assets**
**Capital Account**
Net profit
Retained earnings|**2022**
**2021**
**£**
**£**
-
-|
|---|---|
||**-**
**-**
3,120
1,685
38,644
23,629|
||**41,764**
**25,314**
(600)
(520)|
||**41,164**
**24,794**|
||-
-|
||**41,164**
**24,794**|
||16,370
(6,361)
24,794
31,155|
||**41,164**
**24,794**|
6
Notes to the Financial Statement
## **Lumi Foundation**
For the financial year ended 31st December 2022
## **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 2022
Additions
Disposals
**At 31st December 2022**
**Depreciation**
At 1st January 2022
Charge for the year - 25% on Straight line basis
Disposals
**At 31st December 2022**
**Net book values**
At 31st December 2022
At 31st December 2021
**3. Debtors**
Trade debtors|**2022**
**2021**
**£**
**£**
2,310
2,310
-
-
-
-
2,310
2,310
2,310
2,117
-
193
-
-
2,310
2,310
-
-|
|---|---|
||-
-|
||**2022**
**2021**
**£**
**£**
3,120
1,685|
7
## **Lumi Foundation**
## Detailed Profit and Loss
For the financial year ended 31st December 2022
|**Turnover**
Donations
Grants
Class Fees
**Cost of sales**
Teachers & Coordinator wages
Management wages
Fundraising events & other costs
Gross Profit
**Administrative Expenses**
Advertising and Marketing
Audit & Accountancy fees
Depreciation
General Expenses
Scholarship
Insurance
Operating Profit
Profit on ordinary activities before taxation
**Profit for the financial year**|**2022**
**2021**
**£**
**£**
9,401
6,039
17,845
12,675
47,068
24,391|
|---|---|
||**74,314**
**43,105**
(35,737)
(24,071)
(14,239)
(22,093)
(3,385)
(1,984)|
||(53,361)
(48,148)
**20,953**
**(5,043)**
0
0
(680)
(519)
0
(193)
19
0
(3,300)
0
(622)
(606)|
||(4,583)
(1,318)
16,370
(6,361)|
||**16,370**
**(6,361)**|
||**16,370**
**(6,361)**|
8
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
|**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
Lumi Foundation|Charity Name
Lumi Foundation|Charity Name
Lumi Foundation|
|---|---|---|---|
|||||
||December 2022|**Charity no**
**(if any)**|1172800|
|||||
||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 **31/12/2022** .
**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** I have completed my examination. I confirm that no material matters have **examiner's statement** 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.
**Date:** 5[th] September 2023
**Signed: Name:** Phool Ashraf **Relevant professional** ACCA **qualification(s) or body (if any): Address:** Gains Accountants, Queen Elizabeth Olympic Park
1
**Oct 2018**
**IER**
Plexal, 14 East Bay Lane
E20 3BS
## **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** .
2
**Oct 2018**
**IER**