## **Trustees’ Annual Report for the period** **From 01/01/2023 Period start date To 31/12/2023 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 and Riverside
Studios); Disabled adults and children
(Action on Disability, Log Cabin, Ashchurch
Centre, Bishop Creighton House); Elderly
groups (South London Cares, AgeUK,
Sycamore House, Percy Bilton Court);
Refugees and asylum seekers (West London
Welcome, Refugee Council); Adults with ill
health (Maggie’s); people recovering from
addiction (Turning Point) and women seeking
shelter (Marylebone Project).
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
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 the guidance is
relevant.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |||| |---|---|---| ||SORP reference|| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|Lumi Foundation invites volunteers to
support the charity by way of helping at
events, fundraising and being advocates for
the charity.| |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 2023, Lumi Foundation delivered
1,508 classes to over 13,000 yogis.
The foundation had 25 teachers teaching
classes.
In 2023, we forged new partnerships with
communities and other charities, delivering
classes in-person. We also continued to host
some of our weekly classes via livestream.
Below is a summary of the classes that we
delivered in 2023:
**Partner: Local Community Centres**(in
partnership with Community Champions until
their funding ended in April 2023, then
funded from Lumi Foundation’s reserves)
50 classes in person for the community at
White City Community Centre; 45 livestream
and 49 in person classes for Masbro Centre;
15 in person classes at West Gibbs
community centre; 25 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**
11 pregnancy yoga classes, 11 post-natal
yoga classes, 38 chair and mat yoga classes
delivered in person at Old Oak Community
Centre
Aim: to create strong communities and
opportunities for connection as well as
improving health and mobility
**Partner: Action on Disability**
21 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**
49 in person classes at Maggie’s Charing
Cross
50 in person classes at Maggie’s St Bart’s
50 livestream classes for the Maggie’s
London community
Aim: to improve general health, practice
mindfulness and create a strong community
**Partner: Maggie’s Southampton**| 66 chair and mat yoga classes, delivered on livestream Aim: to improve general health, practice mindfulness and create a strong community. ## **Partner: AgeUK** 99 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: Log Cabin** 44 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** 3 chair yoga classes in person Aim: to maintain mental awareness and mobility for the elderly and their companions ## **Partner: Riverside Studios** 49 in person mat classes 50 livestream mat classes Aim: to improve general health, reduce stress, build community and connection, offering an activity for the local community ## **Partner: Imperial College** 35 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 Aim: to offer an activity for the residents to enjoy together, while improving their physical and mental health **Partner: Cobham Community Centre** 46 in person yoga classes and 12 in person mindfulness Aim: to offer a physical practice to enjoy and build community and connection **Partner: Addison Primary School** 11 weeks of yoga classes for Key Stage 1 children, delivered in person Aim: to help youngchildren develop strength and flexibility and discover the connection between movement and breath through yoga games and poses **Partner: Bishop Creighton House** 31 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** 45 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** 26 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** 91 mat and chair yoga classes delivered in person at this community centre 1 class for children at the Hub Aim: to offer an activity for the community to support health and well being ## **Partner: Ashchurch Centre** 50 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** 9 livestream 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** 6 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 ## **Partner: Look Ahead** 9 classes delivered in person in partnership with this charity which offers social care and housing support Aim: to offer an opportunity to connect mind and body and promote community and connection ## **Partner: Marylebone Project** 37 classes delivered in person at this hostel which supports women suffering from domestic abuse and homelessness Aim: to offer an opportunity for these women to focus on themselves and improve their sense of well-being ## **Partner: Turning Point** 5 classes delivered in person at hostels supporting individuals in recovering from addiction Aim: to offer an opportunity to build resilience and focus on body and breath for well-being ## **Partner: Hammersmith Quaker Centre** 7 chair yoga classes delivered during a monthly drop-in to support Ukrainian refugees Aim: to offer an opportunity for the Ukrainian refugee community to move and breathe together ## **Partner: Melcombe Primary School** 23 in person classes delivered for teachers Aim: to offer an opportunity for teachers to take some time for themselves after a busy day tending to the needs of others ## **Partner: Durston House** 6 in person classes delivered to teachers Aim: to offer an opportunity for teachers to practice yoga together and make time for themselves **Partner: James Lee and Bayonne Nursery** 27 in person classes for children at the nursery Aim: to introduce the idea of combining movement and breath through yoga games ## **Partner: Hotel School** 27 classes delivered in person as part of Hotel School’s programme to support previously street-homeless people to train for work in hospitality. Aim: to build strength and resilience to support future work in hospitality ## **Livestream classes offered by Lumi Foundation for the community** (independently of partners) 51 mat classes on Thursdays 49 chair classes on Fridays 50 mat classes on Saturdays 50 yin yoga classes on Sundays ## **Events and Fundraising** Lumi Foundation continued to build awareness of its services and raise funds through several events including: A fundraising 6-week mindfulness course was delivered via livestream, beginning in January 2023. Fundraising yin yoga workshops were held in March 2023 and October 2023 24 fundraising classes were taught at Holland Park Lawn Tennis Club – a private members’ club to support our community classes. Festive Flow December 2023 - over 50 members of our community joined us for this Christmas event, which included a yoga practice, meditation, raffle and silent auction Foundation Friends – a new initiative introduced in September 2023. Lumi Foundation invited supporters to become Friends by making a donation to the charity. Lumi Foundation ran a 6-week mentorship programme to train new yoga teachers to teach at the Foundation. ## **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|At the end of the 2023 financial year, Lumi
Foundation’s net assets were £51,921
(Income for the year: £75,172)
(Expenditure for the year: £64,451)| |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 - £51,422| |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, The Daisy Trust, Lumi Power Yoga
and Foundation Friends.| |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|Catherine
Ramasamy||Appointed October
2023|| |5|Kam Thakar||Appointed October
2023|| |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** **----- Start of picture text -----**
Signature(s)
**----- End of picture text -----**
**Full name(s)** Ari Iso-Rautio **Position (eg** Chair of Board of Trustees **Secretary, Chair, etc)** **Date** 25 October 2024 ## **Lumi Foundation** Charity Accounts Registration Number 1172800 ## **Financial Year** Start date: 1st January 2023 End date: 31st December 2023 ## **Lumi Foundation** Contents Page For the financial year ended 31st December 2023 |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 2023 |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 Accountants' Report ## **Lumi Foundation** For the financial year ended 31st December 2023 We have prepared the accounts for the financial year ended 31st December 2023. 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 22nd August 2024 ## **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 2023 |**Notes**
**Turnover**
Cost of Sales
**Gross Profit**
Adminstrative Expenses
**Operating Profit**
**Profit for the financial year**|**2023**
**2022**
**£**
**£**
75,172
74,314
(63,091)
(53,361)| |---|---| ||**12,081**
**20,953**
(1,324)
(4,583)| ||**10,757**
**16,370**| ||**10,757**
**16,370**| 5 ## **Lumi Foundation** ## Balance Sheet For the financial year ended 31st December 2023 |**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|**2023**
**2022**
**£**
**£**
-
-| |---|---| ||**-**
**-**
1,530
3,120
51,422
38,644| ||**52,952**
**41,764**
(1,032)
(600)| ||**51,921**
**41,164**| ||-| ||**51,921**
**41,164**| ||10,757
16,370
41,164
24,794| ||**51,921**
**41,164**| 6 Notes to the Financial Statement ## **Lumi Foundation** For the financial year ended 31st December 2023 ## **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 2023
Additions
Disposals
**At 31st December 2023**
**Depreciation**
At 1st January 2023
Charge for the year - 25% on Straight line basis
Disposals
**At 31st December 2023**
**Net book values**
At 31st December 2023
At 31st December 2022
**3. Debtors**
Trade debtors|**2023**
**2022**
**£**
**£**
2,310
2,310
-
-
-
-
2,310
2,310
2,310
2,310
-
-
-
-
2,310
2,310
-
-| |---|---| ||-
-| ||**2023**
**2022**
**£**
**£**
1,530
3,120| 7 ## **Lumi Foundation** ## Detailed Profit and Loss For the financial year ended 31st December 2023 |**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**|**2023**
**2022**
**£**
**£**
24,080
9,401
5,653
17,845
45,439
47,068| |---|---| ||**75,172**
**74,314**
(43,233)
(35,737)
(14,355)
(14,239)
(5,503)
(3,385)| ||(63,091)
(53,361)
**12,081**
**20,953**
0
0
(432)
(680)
0
0
(5)
19
0
(3,300)
(887)
(622)| ||(1,324)
(4,583)
10,757
16,370| ||**10,757**
**16,370**| ||**10,757**
**16,370**| 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 2023|**Charity no**
**(if any)**|1172800| ||||| ||2
(remember to include the page numbers of additional sheets)||| **Report to the trustees** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2023** . **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:** 23[rd] August 2024 **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**