-
## **PRISON YOGA PROJECT UK CIO**
## **UNAUDITED FINANCIAL STATEMENTS**
**31 DECEMBER 2024**
**Charity Number 1204210**
## **PRISON YOGA PROJECT UK**
## **FINANCIAL STATEMENTS**
## **PERIOD ENDED 31 DECEMBER 2024**
|**CONTENTS**|**PAGE**|
|---|---|
|Trustees' annual report|**1**|
|Statement of financial activities (incorporating the||
|income and expenditure account)|**6**|
|Statement of financial position|**7**|
|Notes to the accounts|**8**|
## **PRISON YOGA PROJECT UK**
## **TRUSTEES' ANNUAL REPORT**
## **PERIOD ENDED 31 DECEMBER 2024**
The trustees present their report and the unaudited accounts of the charity for the period ended 31 December 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered charity name** Prison Yoga Project UK **Charity registration number** 1204210 **Principal office** 80 Knighton Road, Leicester LE2 3HJ
## **The trustees**
The trustees who served the charity during the period were as follows:
James Fox (Chair) Geoff O’Meara Nicole Hellthaler David John Rennie
- 1 -
## **PRISON YOGA PROJECT UK**
## **TRUSTEES' ANNUAL REPORT** _**(continued)**_
## **PERIOD ENDED 31 DECEMBER 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Prison Yoga Project UK is governed by a governing document that was issued when it registered as a CIO in August 2023.
The Trustees hereby submit their annual report and the financial statements of Prison Yoga Project UK for the period ending 31 December 2024. The trustees confirm that the annual report and financial statements of the Charity comply with the current UK statutory requirements, the requirements of the Charity’s governing document (the Memorandum and the Articles of Association), and the provision of the Statement of Recommended Practice (SORP) - ‘Accounting and Reporting by Charities’.
## **Trustee Selection Method**
The Trustees are elected by existing Membership of the Charity according to: i) their expressed wish to serve as a Trustee; ii) their personal commitment and support for the objectives of the Charity; iii) the skills and experience they can offer as a Member of the Board; iv) their financial stability; v) their legal eligibility for the position.
## **Board of Trustees**
The Trustees meet regularly to discuss, and decide by vote, matters relating to the Charity’s activities.
## **Staff/Volunteers**
All Trustees and other volunteers continue to work for the Charity without remuneration. The Charity uses contractors for other required roles.
## **OBJECTIVES AND ACTIVITIES**
The purpose of Prison Yoga Project UK as set out in the Articles of Association of the charity are:
To relieve the needs of prisoners and those at risk of becoming prisoners in particular through the provision of a trauma-informed and mindfulness based yoga and meditation programme delivered as a means of addressing their trauma, mental or physical ill-health and providing the opportunity for recovery, rehabilitation and personal development.
- 2 -
## **PRISON YOGA PROJECT UK**
**TRUSTEES' ANNUAL REPORT** _**(continued)**_
## **PERIOD ENDED 31 DECEMBER 2024**
The above objective is achieved by providing yoga classes, programmes and yoga equipment and supplies for such persons in prisons or at risk of becoming prisoners. Additionally, the Charity offers training to prepare others to become facilitators of such services.
## **ACHIEVEMENTS AND PERFORMANCE**
In carrying out its purpose over this report’s stated period, Prison Yoga Project UK has delivered 310 Yoga/mindfulness sessions comprising 1,396 attendees at 5 HMPPS facilities. The Charity sent out – free of charge – 824 copies of its practice books.
Additionally, the Charity delivered five trainings contracted to HMPPS which cumulatively served 80 staff members from 46 unique HMPPS facilities.
The Charity also visited several additional prisons in-person or held online meetings with prison staff to discuss the implementation of future programming.
- 3 -
## **PRISON YOGA PROJECT UK**
**TRUSTEES' ANNUAL REPORT** _**(continued)**_
## **PERIOD ENDED 31 DECEMBER 2024**
## **Statement on public benefit**
The Trustees have had regard to the Charity Commission’s guidance on public benefit.
Promoting health through yoga is a benefit in that it cultivates participants’ physical and mental health, with a growing body of evidence demonstrating this benefit. There are no detriments resulting from the purpose to outweigh these benefits. The activities of the Charity promote rehabilitation, reduce reoffending and enhance public safety, which are benefits to the public.
## **FINANCIAL REVIEW**
The charity made a surplus of £19,752 in the period ending 31 December 2024.
The Trustees are of the opinion that the charity is financially viable and can continue to meet its liabilities, when they fall due.
## **Charity’s principal sources of funds**
- Contract for services with HMPPS to provide yoga services for prisoners and staff in the UK
## **Reserves policy**
The Charity makes sure it has reserves to meet its liabilities three (3) months ahead of them falling due. This includes rental payments, contractor payments, and systems.
## **Going Concern**
The trustees consider that the charity is a going concern, as it has positive cash funds and maintains a balance to cover any fixed costs.
- 4 -
## **PRISON YOGA PROJECT UK**
## **TRUSTEES' ANNUAL REPORT** _**(continued)**_
## **PERIOD ENDED 31 DECEMBER 2024**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which are sufficient to show and explain the Charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act.
They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the responsibility of the independent examiner in relation to the Trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
I approve the attached statement of financial activities and balance sheet for the period ended 31 December 2024 and confirm that I have made available all information necessary for its preparation.
Signed on behalf of the trustees
Geoff O’Meara Trustee
30 October 2025
- 5 -
## **PRISON YOGA PROJECT UK**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)**
## **PERIOD ENDED 31 DECEMBER 2024**
|||**Unrestricted**|**Restricted**|**Total Funds**|
|---|---|---|---|---|
|||**funds 2024**|**funds 2024**|**2024**|
||**Note**||||
|**INCOME AND ENDOWMENTS**|||||
|Charitable activities|**2**|**47,124**|**0**|**47,124**|
|||||─────────|
|**TOTAL INCOME**||**47,124**|**0**|**47,124**|
|||||─────────|
|**EXPENDITURE**|||||
|Expenditure on charitable activities|5/6|(27,372)|(0)|(27,372)|
|||||─────────|
|**TOTAL EXPENDITURE**||**(27,372)**|**(0)**|**(27,372)**|
|||||─────────|
|**NET (EXPENDITURE)/INCOME AND NET MOVEMENT IN**|||||
|**FUNDS FOR THE PERIOD**|**7**|**19,752**|**(0)**|**19,752**|
|**RECONCILIATION OF FUNDS**|||||
|Total funds brought forward||**0**|**0**|**0**|
|||||───────|
|**TOTAL FUNDS CARRIED FORWARD**||**19,752**|**0**|**19,752**|
|||||═══════|
The Statement of financial activities includes all gains and losses in the period.
All of the above amounts relate to continuing activities.
**The notes on pages 8 to 13 form part of these financial statements**
**- 6 -**
## **PRISON YOGA PROJECT UK**
## **BALANCE SHEET**
## **31 DECEMBER 2024**
## **2024**
||||**2024**||
|---|---|---|---|---|
||**Note**|**Unrestricted**|**Restricted**|**Total**|
|||**funds**|**funds**|**funds**|
|**FIXED ASSETS**|||||
|Tangible assets||-|-|-|
|**CURRENT ASSETS**|||||
|Cash at bank||20,052|0|20,052|
|**CREDITORS: Amounts falling due within one**|**10**|**(300)**|**-**|**(300)**|
|**year**|||||
|**NET CURRENT ASSETS**||**19,752**|**0**|**19,752**|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||**19,752**|**0**|**19,752**|
|**NET (LIABILITIES)/ASSETS**||**19.752**|**0**|**19,752**|
|**TOTAL CHARITY FUNDS**|**11**|**19,752**|**0**|**19,752**|
Trustees' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the period in question in accordance with section 476; and
- The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements were approved by the board of trustees and authorised for issue on 30 October 2025 and are signed on their behalf by:
Geoff O'Meara member of the committee
Charity Number - 1204210
**The notes on pages 8 to 13 form part of these financial statements**
**- 7 -**
## **PRISON YOGA PROJECT UK**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **PERIOD ENDED 31 DECEMBER 2024**
## **1. GENERAL INFORMATION**
The charity is a CIO, registered in England and Wales. The address of the registered office is 80 Knighton Road, Leicester, LE2 3HJ.
## **2. STATEMENT OF COMPLIANCE**
These financial statements have been prepared in compliance with the Statement of Recommended Practice applicable to charities preparing their accounts in according with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3. ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity’s ability to continue.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future projects or commitments. The charity has no designated funds.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
## **Financial Reporting Standard 102 – Reduced Disclosure Exemptions**
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’
**- 8 -**
## **PRISON YOGA PROJECT UK**
## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_
## **PERIOD ENDED 31 DECEMBER 2024**
- The requirements of Section 7 Statement of Cash Flows.
## **Incoming Resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- Income from donations or grants is recognised where there is evidence of entitlement to the gift, receipt is probable, and its amount can be measured reliably.
## **Resources Expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- Expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities and the sale of donated goods.
- Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of resources. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other gains and losses, except to the extent to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
**- 9 -**
**NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_
## **PRISON YOGA PROJECT UK**
## **PERIOD ENDED 31 DECEMBER 2024**
## **Depreciation**
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Equipment - 3-year straight line
## **Financial Instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal
**- 10 -**
## **PRISON YOGA PROJECT UK**
## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_
## **PERIOD ENDED 31 DECEMBER 2024**
does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **4. MEMBERS**
The number of members at 31 December 2024 was four and they have no liability in the event of a winding up of the CIO.
## **5. INCOME FROM CHARITABLE ACTIVITIES**
|||**Restricted**|**Total Funds**|
|---|---|---|---|
||**Unrestricted Funds**|**Funds**|**2024**|
||**£**||**£**|
|**Charitable services**||||
|HMPPS|**47,124**|**-**|**47,124**|
||────|────|────|
||**47,124**|**-**|**47,124**|
||════|════|════|
## **6. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE**
||**Unrestricted**|**Restricted**
**Total Funds**|**Restricted**
**Total Funds**|
|---|---|---|---|
||**Funds**|**Funds**|**2024**|
||**£**|**£**|**£**|
|Cost of providing services|**26,481**|**-**|**26,481**|
|Governance costs|**891**|**-**|**891**|
||─────────|─────────|─────────|
||**27,372**|**-**|**27,372**|
||═════════|═════════|═════════|
## **7. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE**
||**Activities**||
|---|---|---|
||**undertaken**
**Total Funds**||
||**directly**|**2024**|
||**£**|**£**|
|Cost of providing services|**26,841**|**26,841**|
|Governance costs|**891**|**891**|
||─────────|─────────|
||**27,372**|**27,372**|
||═════════|═════════|
**- 11 -**
**NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_
## **PRISON YOGA PROJECT UK**
## **PERIOD ENDED 31 DECEMBER 2024**
## **8. NET (OUTGOING)/INCOMING RESOURCES FOR THE PERIOD**
This is stated after charging:
||**2024**|
|---|---|
||**£**|
|Depreciation|**-**|
||════|
## **9. STAFF COSTS AND EMOLUMENTS**
**Total staff costs were as follows:**
|**Total staff costs were as follows:**||
|---|---|
||**2024**|
||**£**|
|Wages and salaries|**-**|
|Social security costs|**-**|
||───────|
||**-**|
||═══════|
|**Particulars of employees:**||
|---|---|
|The average number of employees during the period, was as follows:||
||**2024**|
||**No.**|
|Number of other staff|**-**|
||════|
No employee received remuneration of more than £60,000 during the period.
## **Trustee remuneration and expenses**
The trustees received no remuneration from the charity for their services as trustees in the financial period to 31 December 2024. One trustee provided paid services to the charity in the period in accordance with the charity’s governing documents.
## **10. CREDITORS: Amounts falling due within one year**
||**2024**|
|---|---|
||**£**|
|Accruals and deferred income|**300**|
|Other creditors|**-**|
||─────────|
||**300**|
||═════════|
**- 12 -**
## **PRISON YOGA PROJECT UK**
## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_
## **PERIOD ENDED 31 DECEMBER 2024**
## **11. ANALYSIS OF CHARITABLE FUNDS**
## **UNRESTRICTED INCOME FUNDS**
||**Balance at**|||**Balance at**|
|---|---|---|---|---|
||**3 August**|||**31 December**|
||**2023**|**Income**|**Expenditure**|**2024**|
||**£**|**£**|**£**|**£**|
|General Funds|**-**|**47,124**|**(27,372)**|**19,752**|
||════|═════════|═════════|═══════|
## **12. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
||**Net current**|**Net current**||
|---|---|---|---|
||**Tangible**|**assets/**||
||**fixed assets**|**(liabilities)**|**Total**|
||**£**|**£**|**£**|
|**Unrestricted Income Funds**|**-**|**19,752**|**19,752**|
|**Restricted funds**||||
||**-**|**-**|**-**|
||────|───────|───────|
|**Total Funds**|**-**|**19,752**|**19,752**|
||════|═══════|═══════|
## **13. RELATED PARTY TRANSACTIONS**
One trustee received payment for services provided to the charity outside of their role as trustee. This was done in accordance with the provision of the charity’s governing document.
**- 13 -**
Independent examiners report on the
accounts
Sectlon A
Independent ExamlnerS Report
Reportto the
trustees
Prison Yoga Project UK CIC
On accounts for the y
ended
31 December 2024
Charlty no
(If any)
1204210
Set out on pages
1-13
I repNt to Ihe trustees on my exatninalion of aCcInts of the atmjve chlty
("the TnLsf) for Ihe perkxl erthd 3U1212024.
Responslbllltlès and basls As the charity's trustees, you are responsible for the preparaOn of the
of report
accnts In accordance wtth the requirements of the Charitles Act 2011 ("the
Act").
I rewt In respect of my examlnatlon of the Trusfs accounts carrled out under
sectK)n 145 of the 20ll Act and in carryiNJ out my examination. I have
followed a]1 the applicafAe Direclj'orts given by Ihe Charity Commission under
seclKJn 145(5)(b) of ACL
Indoondon' I have completed my examination. I confirm that materlal matters have
In
2tstsncOme to my attern1C in connects'on with the examination whlch gives me
cause bdieve Ihat in, any material respecL
the accountirwJ records were not kept In accordance wlth section 130 of
Ihe Charities Act., or
the accounts did accord wtih the accountrng records., or
the acCnts did not compty with the apICable requirements
concernlng form and c¢Jttent of accounts set oui in ihe Charilies
(Accounts and RetM)rts) Regulations 2¢ other than any requirement
that the accounts gwe a Irue and f&r' vierfl whh is not a matter
corsidered as part of an Indepen¢Jeni examlnalon.
I have rK) c(*Kerrts aThl have come across no other matters in connection
with the Èxamination to which attention should be drawn in this report in
order to enable a wcry)er urKJeisLanding of the accounts reached.
Signed:
SLCQ IIILL
30J1012025
Name:
Jessica Mills
Relevant professlonal
ICAEW
IER
Oct 2018
quallflcation{s) or hody {If
any):
Address:
60 Sefton Road, Croydon, CRO 7HR
Sectlon B
Dlsclosure
Onty CoMe* examiner neets to hblIght materlaj matters of concern
(see CC32. Iwent examinat¥ of charty cnIS. directions and
guidance examiners).
Glve here brlef detalls ol
any Items that the
examiner wlshes to
dlsclose.
IER
Oct 2018