Company registration number.. 13056032 Charity gIstratIon number.. 1205619 The Society of Yoga Practitioners THE SOCIETY OF YOGA PRACTITIONERS LTD TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 DG Bookkeeplng & Accounts Ltd
The Society Of Yoga Practitioners Ltd Contents Page Trustees, Report i-io Independent Examiner's Report li Statement of Financial Activities (including Income and Expenditure Account) 12 8alance Sheet 13 Cash Flow Statement 14 Notes to the Cash Flow Statement 15 Notes to the Flnanclal Statements 16-20 The following geS do not form part of the statutory accounts.. Detailed Statement of Financial Activities (including Income and Expenditu Account) 21
The Society Of Yoga Practitioners Ltd Company No. 13056032 Trustees, Report For The Year Ended 31 December 2025 The trustees present their report and the financial statements for the year ended 31 Dember 2025. Objectives and Activities Aims and Objective5 Our Purpose The Sociefy of Yoga Practitioners Ltd is a charitable ycrfja training organisation dedicated to improving Quality of life through the teaching and applicatlon of yoga in the tndition of Professor T Krishnamacharya and TKV Desikachar. Our focus Is the Indlvidual, using èll the tools of yoga such as breath, meditation, sound and phllosophy as approprlate. We deliver all levels of training for yoga, yoga therapy and Vedic Chant as well as workshops and events of the highest calibre. Our ObJertlve$ The Trustees have considered the Charity Commission's guidance on public benefit as set out in the Charities Art 2011 and believe that the requirements have been met at all times. We ensure that TSYP'S activities only serve the purposes lobjectsl set out in TSYP s Articles and that our purposes and activities are for public benefit in compliance with charity law. These include the need to.. Advance the prattl of yoga in the tradition of Professor T Krishnamacharya and TKV De5ikachar, adapting their phi1050phy and practice5 for current times to promote physical and mental health and alleviate suffering. Promote wider understanding of the benefits of this tradition of yoga and InC3$e its take-up by the geneftl public. Ensure the public have access to high quality teaching by fostering a community of appropriately qualified teachers and therapists, and by supporting the growth of individual and collective knowledge through study, research and professional development. Slgnlflcant Actlvltles Annual Report Chair's Statement 2025 The Society of Yoga Practitioners Limited (referred to TSYP in this document) has experienced a year of both pre$S and challenge. l am pleased to report that we have met the majority of the objectives set by our Management Team, Trustees, and Legal Member5 for 202412025, and have continued to operate in accordance with our charitable purposes. The Tru5tee5 have had due regard to the Charity Commission's guidance on public benefit, which is reflected in the range of activities delivered during the year and described more fully within this report. Our activities continue to ach a diverse and international audience. Alongside our main UK base, we engage subscribing members and partlclpants from Europe, North America, India, and New Zealand. This broad participatlon supports the sharing of knowledge and skills, extending the reach and impact of our wod¢. During the year, we delivered a varied pmgrnmme of events and training opportunities. These Included free online practices under Ya for Darker Times, regular chant sangha-s and asana sessions, and a weekend chanting event In April. We also Introduced a bi-monthly Teachers, Forum to support professional exchange and reflective practice. In October, we launched our Guest Lecture Series, Dharma in the 21st Century, welcoming Speake from India, the USA and Europe. Our 500-hour yoga teacher training requi5 substantial commitment and 5UStained study over an extended period. Nine students successfully completed the course and qualified as TSYP yoga teachers. Our Yoga Theftpy course was actdited by British Council for Yoga Therapists (BC) and we delivered both on-site diploma modules and online modules that provided Continuing Professional Development opportunities For ycoa therapists. These online modules have been well attended, and planning is underway for the next full Yoga Therapy course, scheduled to begin in Autumn 2026. We have also Improved our external communications, Including sharing case studies that highlight the work of our teachers and therapists. In addition, our updated website has enhanced accessibility and brought together a wide range of resources for teachers, theP1StS, and Vedic chant prartitioner5. TSYP remains a volunteer-supported organisation. Approximately 100 individuals contribute their time across governance, programme delivery, communications. and technical 5UPPOrt. Their combined contribution, estimated at 3800 hours in 2025, is essential to the effective operation of the charity. This contribution significantly reduced operating costs. The Trustees extend thelr slncere thanks for this ongoing commitment. The Trustees continue to oversee the charity s actlvlties wlth a fccus on good govemance, flnancial sustainabllity, ènd the effective delivery of our charitable aims. Karin Worthy Chair Page I
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Public Benefit We provide a Trnge of artivities many of which are available to all and provide benefit to all. Many of our teachers and therapists continue to offer Individual support free of charye or at redUd cost, contributing to Ca homes, hospices, and organisations supporting women through Refugee Action, who are based In Kingston-on-Thames. Some of this work has been featured in external publications and on our website. Outreach activities expanded during the year alongside the established programme of free monthly praCtiS. New Short a5ana se55ion5 hosted on Vimeo improved accessibility by removing advertising interruption5. In 2025 these included.. Opening the chant sathgha-s to both members and non-members. This has succeeded and we ran 12 free monthly chant sathgha-s that were attended by people from all over the world. Maintained and expanded the free chant resources on our website that are available to all vla our website. 8 free monthly asana practices that are open to all. These practices were gifted for free to all email subscribers in December 2025. The table below shows the activity reach.. Activity Monthly chant sartgha-s Free asana sessions Non-member p3rtlClP3tion Reach 35-45 attendees monthly 32-91 registrations Offer free teacher and student resources via our website. Gift aid we successfully applied to HMRC to enable gift aid to be applied to appropriate donations and events and this option has now been added to our website. The trustees confimi that they have complied with the reouifftments of Section 17 OF the Charities Act 2011 to have due gard to the Charity Commission s guidance on public benefit. Additional Note Progress Agalnst strateg1¢ ObJertlve$ (2024-2025) By the end of 2025, TSYP had made substantial p$5 against the stTrtegic objectives agffted in 2022 and reviewed in 2023. The table below highlights progress and outcomes. Objectlve Progress In 2025 Financial assistan Provided to financial assistance to students undertaking teacher training nd workshops, alongside additlonal support measu$ Outreach communlty engagement •Establlshed the outreach team to lead the Outreach Programme. •Developed new publicly accessible online resources available to all. •Delivered a free onllne serles called Yoga for Darker Times •Supported future partnerships with charities and servlce organlsatlons. Hexible training Improved accessibilify and supported participation from practitioners unable to commit to full dlploma study. Collabofttion strengthened links with the Association for Yoga Studies {aYsl to provide more cost-effective options. Digltsl InfstructUre Completed migratlon to a Microsoft-based envlronment. Enhanced website navlgatlon and user accesslbillty. Financial systems Implemented accounting software to improve financial reporting and ensure compliance with HMRC requirements. .CONTINUED Page 2
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Additional Note - continued Plans for 2026-2027 Online Vedlc Chanting Foundatlon Course 2026-2027 Priorities for the coming period include.. Governance Continued compliance with Company Law and charity regulation requirements. Completion of implementation work associated with accounting and governance systems. Development of a 3-year long term plan to invest the money held in the Places and Trainlng Fund as part of the Outreach Programme Training Develop Progression to Diploma syllabi aligned with BWYQ qualification specifications. Prepare for the next Yoga Teaching course1300 hours), followed by the Progression to Diploma programme 1200 hours). Develop preparatory workshops for prospective Yoga Therapy Diploma students who are not familiar with the teachings of Krishnamacharya and Desikachar. Complete Bcyf-accredited Certificate In Yoga Therapy. Submil full application for IAYF accreditation. Fulfil IAYf requirements through extended delivery of the Yoga Therapy course. Support for the Yoga Therapy course leader in obtaining individual IA rtIfiCation. Complete delivery of Foundation Course. Further development or the Teacher Trniner Pathway. Deliver Foundation Course Tutor Tnining. Expand mentoring training opportunities. Chantlng Puru*suktam online workshop in November 2026 with LI Soede Follow-up workshops on the first half of the Mahanaray3n3 Uwnisat in Augustlseptember 2026 Plan and deliver further three-day chant event in March 2026. Launch of a Vedic Chant Foundation Course in Ortober 2026. Events Complete the Dharma In the 21st Century - May 2026. Deliver a Series of Introductory workshops on the Bhagavad Gita led by Andrew Curtis-Payne. A more in-depth series on the Bhagavad Gita Follow-up workshop on Sanskrit led by Sarah Waterfield An Exploration of Our Responsibilities In the World Today lerture series In Achievements and Performance Main Achievements Education and Training 2025 As a teacher training organisation, we worked with external professional tN)dies such as British Wheel of Yoga IBWY), British Wheel of Ya Qualifications IBWYQI, Brltlsh Council for Yoga Thernpists IBCYTI and Complementary & Naturnl Healthcare Council ICNHCI to support the development of national standards for training teachers and yoga therapists. We successfully negotiated Recognised Centre status with BWY. This provides TSYP with a dedicated presence on BWY website, Includes TSYP foundation, teacher training and therapy courses In BWY website training listings and allows TSYP to advertise training courses as well in B Wy's national and regional publication5. .CONTINUED Page 3
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Main Achievements - continued Yoga Teacher Tralnlng Access to the teachings of Professor T Krishnamacharya and TKV Desikachar contlnued to expand through a structured and evolving training programme. Work began in 2023 to restructure our y(a teacher training course format to accommodate both 290-hour and 500-hour BWYQ Level 4 qualifications, Including progression routes and accredited prior learning. The aim of this work was to make our courses as accessible a5 P055ible to all student5. TSYP'S educational activities included.. I. BWYQ Of4ual regulated Level 4, Qualifications in teaching yoga. 2. BCYT accredited tTrining for yoga therapists. 3. Ttsining for yoga practitioners who wish to become Vedic chant teachers. 4. Support to our teachers who research and publish books andlor papers. 5. Nentoring and supervision Iraining for our TTrinee Teachers, Therapists and Teachers to maintain the highest level of yoga and support our aim of making it available to the general public. 6. A community for teacher5, therapi5t5. Students, pctItioners, and other5 Intested in TSYP'S approach to yoga. This year 5aW'. 9 students successfully complete our first 500-hour Ya teacher training course in June 2025. In September 2025 seven participants began our Ywa Foundation course, led by Lisa Soede. Yoga Therapy Training Our yoga therapy team continued to deliver our 700-hour Yoga Therapy Diploma (Bc accredited). The course was offered both as a full qualification and through standalone module5. Three student5 initially enrolled for the full diploma, ith two continuing on the programme at year end. Online modules were also offered a5 CPD Short courses increasing acce55ibility for prattising yoga teachers. Module5 included.. o Ayurveda for Yoga Theraplsts, delivered by Sadhvl Bhavya Bharti. o Prana cikit5a Module5 4 and 5, delivered by Felicia Pavlovic. Yoga therapy artivities also included.. Work towards accredltatlon by the Internatlonal Associatlon of Yoga Theraplsts IIAYT) continued durlng the year, led by Annemarie Vlsser, our Head of Yoga Therapy, and Nlchelle Tarllng, Head of Educatlon and tnining. Membershlp of BCYT Core Curriculum Review working group. Our head of yoga therapy also contributed materlal on trauma. Acting as a Verifying Organisation for CNHC. Our Head of Education and TIning has taken on responsibilities for verifying CNHC application5 from non-members. Vedlc Chant Tr•lnlng We thank Helen Macpherson for her leadership of the chanting department and welcome Sarah Waterfield and Soede, who became co-heads of the department In February 2025. The department remained highly active throughout the year, supported by volunteers across events coordination, communications, proofreading, website administration, and monthly sahgha leadership. The department was supported by volunteers across events coordination, communications, prOOfdIng and website administration. Monthly sangha activities were further supported by member5 of the events team, together with sahgha leaders, many of hom are TSYP members. Attivitie5 during the year included.. Group chanting of Chapters 3 and 4 of the Yoga Sutra-s. A three-day residential CPD event in April focusing on chanting the second chapter of the Taittiriya-upanisat. The event attftcted 18 attendees, including participants fmm outside the UK, and received very positive feedback. Revision of the Vedic Chant Foundation Course syllabus. Review of delivery strategies for both the Vedic Chant Foundation and teacher tralnlng courses. Continuation of the fe monthly online chanting ngha-s, an(J expansion to non-members. Addition and revision of chant5 On the free resource pages of the TSYP website. .CONTINUED Page 4
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Main Achievements - continued Events The Events team coordinated an extenslve progrnmme of onllne and Sn-person artlvlties thmughout the year and supported other TSYP teams to deliver a full programme of activities. The year began with a 10-day online eaAy morning series, Moving through Darkness.. from Vid3 to sraddha, led by Ranju Roy and Dave Charlton with 50 wistrants. This was followed by Yoga for Darker Times, a series of nine free online practices running from january to March 2025. The series aimed to SUPPOrt participants during the winter months and encourage ongoing practice. There were 46 registrants, of whom 12 were non-members and 4 were based outside of the UK. The Events programme.. Delivered a diverse and acssible range of events Maintained a strong volunteer-led ethos Balanced financial sustainability with inclusivity Expanded free resources and communlty offerings Continued to provide high-quality CPD opportunities The 2025 events programme offered a comblnation of.. Charitable events, offerlng community and supportSng wellbeing Continuing Professional Development ICPDI opportunities for ya teachers, chant teachers and yoga therapists Paid events are budgeted primarlly on a cost-recovery basis, wlth any surplus contAbuting to TSYP'S wlder charitable actlvltles. To ensure accesslbility.. BUrrIeS are available for all pald events Applications are encouraged from those who may otherwise be unable to attend due to financial restrittions Alongslde regular free monthly chantlng and asana sessions, addltSonal events Sncluded.. Dhamia in the 21st Century lectu series - a six-part monthly programme running from October 2025 to May 2026 exploring how dharma may be understood and èpplled in contemporary life. The serles bmught together internationally ¢00n1$e teachers, therapists, and authors, attracting 61 registrnnts. Bi-monthly online forums open to all TSYP teachers, both In training and qualified, providing opportunltles for discussion, professional support, and community development. Free Events Programme 2025 Our free events programme included.. Monthly chant sathgha-s that We deliVed in collaboration with the TSYP Chant Team and supported by volunteer chanters and are open to all participants Monthly yoga pTrctices that were delivered monthly throughout the year and are led by TSYP teachers who volunteering thelr time. These are available online and are open to all. "Yoga for Darker fimes - Lighting the Way to Wellbeing In Challenging Times". This was a series of nine short online praCtIS led by TSYP volunteer yoga teachers. Each session ranged from S to 20 minutes and We designed to support wellbeing through accessible, short practices. They We intended for a wide public audience rather than just experienced yoga prnctitioners. As part of our alm to provide support to our teacher members, free bi-monthly teacher forums began in May 2025. The forums were led by experlenced TSYP volunteer members with the alm of.. o Providing support to TSYP teachers o Fostering community connection o Encouraging ongoing pmfessional development and reflection. Feedback has been very positive, with participants saying that they found the forums very useful. .CONTINUED Page 5
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Main Achievements - continued Internal Event Communlcatlons A monthly Events Update is distributed to subscrlbers on the TSYP maillng Ilst, providlng details of upcomlng events, with the content compiled by Julie Hall, while Louise Sealy is responsible for the design and distribution. Extsrnal Communications Over the past year. the Communications Lead ha5 launched a programme to raise the national profile of TSYP, showcasing the community-focused work of our members and securing national coverage in Charity Ta¥ and leading yoga publications. and Support Activities As with many small charitie5, recruiting volunteers with specialist skills remains challenging. Options for upgrading the organisation's database were explored with priority given to redevelopment of the website. Professional IT expertise within the membership enabled TSYP to make significant progre55 during the year, while increased use of technology continued to reduce admini5tffitive burden. Website development remained a key Strategic priority during the year. From February 2025 the in-house IT and digital support team focused on.. Providing accessible gateway for tK)th members and the wider public through the rebuild and rnaintenan of our ebslte. Improving clarity of communication through plain-English content and enhanced accessibility. Increasing visibility of TSYP teachers and therapists. Following the website rebulld, work focused on consolidating the migrntion of all TSYP documents to MS Oneorive antj rna1ntenan once migrated. From September 2025 the maintenance and management of the database was handed over to the new team. Membership administration processes were reviewed and streamlined. Financial Review Financial Position Financial Review for the period 1st January 2025- 31 December 2025 The Society of Yoga Prartitioners Ltd (referred to as TSYP in this report) is a Company Mited by Guarantee and a Registered Charity. The Board has engaged DG Bookkeeping & Accounts Ltd, professional accounting firm, to act as our independent examiner and support TSYP Ltd to file our 2025 accounts with Companies House, the Charity Commission, and HMRC, as quIred. The previous annual accounts for the period l January 2024 to 31 December 2024 were filed in September 2025. The 2025 accounts a required to be filed with Companies House by 30 September 2026 and with the Charity Commi5510ll by 315t October 2026. The account5 presented cover the full financial year from l January 2025 to 31 December 2025. Ag TSYP obtained charitable status in December 2023, thi5 represents the first full year of reporting to both the Charity Commission and Companies House as a gistered charity. The balance held within the Places and Training Fund has been designated for future financial a55i5tance to prospective student5, including free or subsidi5ed training for practitioner5. The Board consider5 this allocation to be aligned with the charitable objectives and non-pmfit status of the organisation and to repSent prudent financial management. The Board receives detailed financial reports, including proflt and loss information, at quarterly General Meetings to ensure continued oversight of the organisation's financial position. .CONTINVED Page 6
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Financial Position - continued Online short-course event5 and the 2025 residenti31 weekend operated within budget and achieved either full cost recovery or a p051tive contribution to organisational funds. The 2023-2025 Teacher Training course concluded during the year. Student numbers were lower than originally projected and the course therefore generated a small deficit. The Board consided delivery of the course essential to advancing the organisation's charitable objectives and accordingly aged to subsidise the shortrall through the Places and Training Fund. This fund has been designated for future use to support free andlor subsidised trnining for prospective students and practitioners. The Board considers this application of funds to be consistent with the organisation's charitable purposes and both appropriate and prudent. The ongoing Yoga Therapy Diploma course may also conclude with a small deficit and may require support from general funds. Concessions and instalment arrangements continued to be offered in accordance with TSYP policy to those requesting financial flexibility. Helen Saaler stepped down as TasUrer at the july 2025 AGM but continued to serve as a Trustee with oversight of finance. During the year, a Finance As515tant Was contCted for 10 hours per month to undertake day-to-day financial administration, including monitoring bank attivify, preparing expenditure payments for dual authorisation, and pmducing quarterly financlal statements. This has slgniflcantly reduced the administntive workload associated with the TaSurer role and strengthened financial processes. The Finance Assistant also supported the transition to Xero accountlng software In pparatIOn for dlgital fillng requirements ssocialed with the 2025 accounts. TSYP remains financially stable and well positioned to continue delivering its charitable aims and objectives. The Financial Report and Statement of Financial Activities {SOFAI for the year ending 31 December 2025 are attached to this pOrt. Helen Saaler Trustee, TSYP Reserves Pollcv The Board of Trustees will review the reserves pollcy annually and conslder whether reserves could be moved Into a savlngs account to maximise any investment return while maintaining sufficient liquidity for operational needs. They aim to hold an appropriate level of reserves to.. Cover the charity's known cufftnt and Future liabilities Malntain a reasonable degree of financial resilience in case of unforeseen adverse operatlng condltlons Sn future years Ensure that the TSYP can continue to deliver its charitable purpose and long-term ambitions Having reviewed existing commitments and future plans the Trustees have decided= l. Reserves should be held to meet any known contrartual and binding obligations that reouire payments to be made In current and future years 2. The charity should aim to maint31n free reseNes of 6 months operating costs to guard against future hostile operating conditions 3. The Trustees may determine to hold additional reserves to fund specific projects identified in the charity's strategic and busine55 plans 4. Reserves will be held In the TSYP current business banking account. Decisions to spend from serveS will be made by the Trustees after consultation and advice trom all members of the Management Team. Page 7
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Structure Governance and Management Governing Document The Society of Yoga Practitioners Limited Ireferred to as TSYPI Is a Company Limited by Guanntee (registration number 130560321 and a registered charity (charity number 12056191. The charity is governed by Memorandum and Articles of Association, updated on 19 October 2023. The Trustees are also Dirertors for the purposes of the Companies Act. Trustees are appointed In accordance with TSYP'S Articles of A55OClation. The Trustees have independent control over, and legal responsibility for, TSYP'S management and administration. They can exercise all the powers of the charity unless they are constrained by the law or restrictions set out in the Articles or by a speclal resolutlon. The Board of Trustee5 met five time5 during the year. They meet with the Management Team quarterly to reviewldiscuss operational issues, prog$$, and proposed changes while the Trustees approve any policy and / or operational changes. The Trustees are grateful for the support from TSYP'S Leg31 Members, who contributed knowledge and wise counsel to the organisation this year, particularly in supporting the organisation's continuing development following charitable registration. Tru$tee$' Responslbllltles The Trustees are responsible for the governance, management and administration of TSYP and may exercise all powers of the charity in accordance with the Articles of Association and applicable law. Trustees by law must.. l. Ensure the charity Is carrying out Its purposes for the public benefit 2. Comply with the charity's governing document and the law 3. Act in the charity'5 best interests I'fiduciary dufy'l 4. Manage the charity's SoUrceS SponSIblY 5. Act wlth aSonable care, skill and dillgence 6. Exercise Independent judgement 7. Ensure the charity Is accountable 8. Promote the success of the charity 9. Avoid conflicts of interest and declare any interests in decisions and actions 10. Not accept benefits from third parties During the year, the following govemanee and Complian measures were implemented or progressed.. Reports, Policies and Procedures are upd3ted, scrutinised and ratified on a rolling programme set out in line with the sttegiC Plan. Forward Plan for Governance and meetings drawn up to ensure statutory compliance. Volunteer hours recording was introduced. An Antl-money Laundering Policy was adopted. A comprehenslve Access Addendum to the EDI policy is being proJressed. For the year 2025 accounts have been prepad in accordance with company law and the Charity Commission. These will be delivered In accordance with the special provisions applicable to companies subject to the small company's regime. The profit and loss account has not been delivered to the Registrnr of Companies. Ico The s(lety of Yoga Practitioners Ltd is regIsted wlth the Informatlon Commlssloner's Office number ZA899037 Page 8
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Reference and Administrative Details Trustees Karin Worthy - Chair Katrina Heather- Events Margaret Shanks - Community Support Rae Smith Vice Chair (resigned 01112120251 Helen Saaler - Treasurer other Personnel Head of Education & Tnining and Safeguarding (lfficer - Nichelle Tading Head of Yoga Therapy - Annemarie Visser Chanting Iloint Headl - Lisa Soede Chanting (Joint Headl Sarah Waterfield Events Lead Jacqueline Dyson Communications Lead - Carol Miller Digital Lead Andrie de Vries Charity Number 1205619 Company Number 13056032 Reglstered Offlce l Littleworth Road Esher KTIO 9PD Independent Examiner Debra Green DG Bookkeeping & Accounts Ltd 680 Kenton Lane Harrow HA3 6AA All Trustees are also Legal Members. Individuals who cease to be Trustees remain Legal Members unless otherwise determined in accordance with the Articles of Association.. Legal Members Beatrice Teuten Karen Adamson Michael Hutchinson Michelle Tading Lisa Soede Uz Murtha Page 9
The Society Of Yoga Practitioners Ltd Trustees, Report (continued) For The Year Ended 31 December 2025 Small Company Rules This report has been prepared in accordance with the special provisions relating to companie5 subject to the small companies ime within Part 15 of the Companies Act 2006. The trustees, report was approved by the board of trustees and signed on its behalf by.. Karin Worthy Trustee 2610812026 Page 10
The Society Of Yoga Practitioners Ltd Independent Examiner's Report to the Trustees of The Society Of Yoga Practitioners Ltd For The Year Ended 31 December 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025. Responsibilities and Basis of Report As the charity trustees of the Company (and also its dirertors for the purposes of company law), you are responsible for the prepaTrtion of the accounts In accordance with the requirements of the Companies Art 2006 1.the 2006 Act?. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts a5 carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. Ln carrying out my examination I have followed the DirectlOn5 given by the Charity Comrni55ion under section 145151 Ibl of the 2011 Act. Independent Examlner's Ststement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe.. l. accounting records were not kept in SpeCt of the Company as quired by section 386 of the 2006 Act; or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of sertion 396 of the 2006 Art 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; or 4. the accounts have not been pPared in accordance with the methods and principle5 of the Statement of Recommended Practice for accountlng and reporting by charities applicable to charities preparlng thelr accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters In connectlon with the examlnation to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be aChed. Debra Green 2410712026 680 Kenton Lane Harrow HA3 6AA Page 11
The Society Of Yoga Practitioners Ltd statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 December 2025 2025 2024 Unrestricted Restricted funds funds Total funds Vnrestricted funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. 167 25 192 iio Events Nembership Other 36,401 7,385 36,401 7,385 50,964 7,645 93,522 43.953 25 43.978 152,241 EXPENDITURE ON: Charitable activities.. Events 131.6651 19,5201 {31,6651 19,5201 (62,0741 15,8571 Support Costs 141,1851 141,1851 167,9311 NET INCOME 2,768 25 2,793 84,310 NET MOVEMENT IN FUNDS 2,768 25 2,793 84,310 RECONCILIATION OF FUNDS: Total funds brought forward 84,310 84,310 TOTAL FUNDS CARRIED FORWARD 12 87,078 25 87,103 84,310 The notes on pages 15 to 20 form part of these financial statements. Page 12
The Society Of Yoga Practitioners Ltd Balance Sheet As At 31 December 2025 2025 2024 Unrestricted Restricted funds funds Total funds Tot31 funds Notes CURRENT ASSETS Debtors 800 800 2,070 95,951 Cash at bank and in hand 95,767 25 95,792 96,567 25 96,592 98,021 Creditors: Amounts Falling Due Within One Year io (9,4891 19,4891 {13,7111 NET CURRENT ASSETS (LIABILfTIES) 87,078 25 87,103 84,310 TOTAL ASSETS LESS CURRENT LIABILITIES 87,078 25 87,103 84,310 NET ASSETS 87.078 25 87,103 84,310 FUNDS OF THE CHARITY Restricted Funds 25 Unrestricted Funds 87,078 84,310 TOTAL FUNDS 12 87,103 84,310 For the year ending 31 December 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not requlred the company to obtaln an audit in accordance with sertion 476 of the COmnieS Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepad in accordan with the provisions applicable to companies subject to the small companies gime. The financial statements were approved by the board of trustees on 26 August 2026 and were signed on Its behalf by.. Karin Worthy Trustee The notes on pages 15 to 20 form part of these financial statements. Page 13
The Society Of Yoga Practitioners Ltd Cash Flow Statement For The Year Ended 31 December 2025 2025 2024 Notes Cash flows from operatlng actlvltles Net cash used in operations {1591 13,6561 Net cash used in operating artivities 11591 13,6561 Decrease in cash and cash eouivalents Cash and cash equivalent5 at beginning of year IL591 95,951 13,6561 99,607 Cash and cash equivalents at end of year 95,792 95,951 Page 14
The Society Of Yoga Practitioners Ltd Notes to the Cash Flow Statement For The Year Ended 31 December 2025 Reconclllatlon of Income to cash used In operotlons 2025 2024 Net income 2,793 84,310 Movements in working capital.- Decreasellincreasel in trade and other debtors Decrease in trade antj other creditors 1,270 14,2221 12,0701 (85,8961 Net cash used in operations 11591 13,6561 2. Cash and cash equivalents Cash and cash eouivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet.. 2025 2024 Cash at bank and in hand 95.792 95,951 3. Analysis of changes in net funds Asati January 2025 Cash flows Asat31 December 2025 Cash at bank and in hand 95,951 (1591 95,792 Page 15
The Society Of Yoga Practitioners Ltd Notes to the Financial Statements For The Year Ended 31 December 2025 l. General Informatlon The Society Of Yoga Practitioners Ltcl Is a company limitecj by guarantee, Incorporated in England & Wales, registered number 13056032 and wistered charity number 1205619. The registered office Is l Littleworth Road, Esher, Krio 9PD. Accounting Policies 2.1. Basis of Preparatlon of Flnanclal Statements The financial statements have been prepared in accordance with the Charities SORP IFRS 102) Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts In accordance with the Financial Fieporting Standard applicable in the UK and Republic of Ireland IFFIS 1021 (effective I January 20191" Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. In preparing the accounts, the trustees have considered whether in applying the accounting policies qui by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. 2.2. Going Concern Disclosure The Trustees have reviewed the level of reserves and future plans and activitie5 of the charity and are Satisfied that the charity is a going concern. 2.3. Fund Accounting Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity- Designated funds are unrestricted fund5 earmarked by the Trustees for particular purposes. Restricted funds are to be Used for specific purposes a5 laid down by the donor. Expenditure which meet5 these criteria is charged to the fund together with a fair allocation of management and support costs. Trnnsfers from unrestricted fun*Js to restricted funds are made to compensate for shortfalls on artivilies not fully covered by specific funds. 2.4. Incomlng Resources Income is recognised in the Trriod in which TSYP is legally entitled any performance conditions have been met, it is probable that the income will be received and the amount can be quatified with reasonable accuTrcy. 2.5. Donated fjoods and Servlces Donated gifts and services are recniSed as Income when the charlty has control over the item and the economlc benefit can be measured reliably. Such goods and services are reCniSed on the basis of the value that the charity would have been willing to pay to obtain such services or facilities on the open market. 2.6. Resources Expended Expenditure is recognised in the per1 In which It Is Incurred. Resources expended Include attributable VAT which cannot be recovered. Certain expenditure is directly attributable to specific activities and has been allocated to those cost categories. Where these costs are attributable to more than one artivity, they have been apportioned to the individual activities on the bas15 of the time spent on those activitie5. Support COSt, where applicable, have been allocated in accordance with the requirements of the Statement of Recommended Practice. Support costs are those costs incurred indirectly in support of expenditure on the objects of the charity and include organisational management and administfttion of the charity. 2.7. Tangible Fixed Assets and Depreciation Depreciatlon 15 provided at rates calculated to write down the c05t of each asset to its estimated residual value over its expected useful life. The depreciation rates in use a as follows.. Equipment 33 'AW¢ per annum Furniture and fittings 200h per annum Items of equipment a capitalised where the purchase price exceeds £1,000. Page 16
The Society Of Yoga Practitioners Ltd Notes to the Financial Statements (continued) For The Year Ended 31 December 2025 2.8. Leaslng and Hlre Purchase Contracts Rentals payable under operating leases, where substantially all the risks and rewards of ownership remain with the lessor, are charged to the statement of financial activities in the year In which they fall due. 2.9. Cash and Cash Equlvalents Cash and cash equivalents are basic financial assets and include cash In hand and deposits held al call with banks, other short-term highly liquid Investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with Insignificant risk of change In value, and bank overdrafts. 2.10. Taxation The charity is exempt from tax as all its Income is charitable and applied for charitable purposes. Income from Donations and Legacies 2025 Unrestricted Restricted Total funds funds funds Donations and gifts 167 25 192 2024 Unrestricted Restricted Total funds funds funds Donations and gifts iio iio 4. 1)ther Income 2025 2024 Unrestricted Unrestricted funds funds other Income 93,522 5. Analysls of Expendlture 2025 Activities undertaken directly Support costs (see note 6) Total Events Support Costs 31,665 31,665 9,520 9,520 31,665 9,520 41,185 Page 17
The Society Of Yoga Practitioners Ltd Notes to the Financial Statements (continued) For The Year Ended 31 December 2025 2024 Activities undertaken directly Support costs (see note 61 Total Events Support Costs 62,074 62,074 5,857 5,857 62,074 5,857 67,931 6. Support Costs 2025 Support Costs General administtIon 8,307 1,213 Govemance costs 9,520 2024 Support Costs General administfttion 5,596 261 Governance cost5 5,857 Independent Examiner's Remuneration 2025 2024 Independent examlnation or the financial statements 1,000 Average Number of Employees Average number of employees during the year was.. NIL12024'. NIL) 9. Debtors 2025 2024 Due within one year Trade debtors 2,070 other debtors 800 800 2,070 Page 18
The Society Of Yoga Practitioners Ltd Notes to the Financial Statements (continued) For The Year Ended 31 December 2025 10. Credltors: Amounts F?Illng Due Wlthln One Yeor 2025 2024 Tde creditors Accrua15 and deferred income 489 9,000 13,711 9,489 13,711 Ll. Other Commitments At 31 December 2025 TSYP had no annual commitments under non cancellable operating leases. 12024..£ Nlll 12. Movement in Funds Asati January 2025 Asat31 December 2025 Income Expendlture Tran$fer$ Unrestricted funds General.. General unrestritted fund Oe5ignated.. Pla5 and Training 84.310 43,953 141,1851 170,0001 17,078 70,000 70,000 Totsl unrestrlrted fund$ 84,310 43,953 141,1851 87,078 Restricted funds Radha Fund 25 25 Total funds 84,310 43,978 (41,1851 87,103 Asati January 2024 Asat31 December Income Expenditure 2024 Unrestrlcted funds General.. General unrestrirted fund 152,241 167,9311 84,310 Total funds 152,241 167,9311 84,310 The balance held within the Place5 and Training fund has been designated for future financial assistance to prospective students, including re or 5ubsidi5ed tTrining for practitioner5. The Board considers this allocation to be aligned with the charitable objective5 and non-pmfit 5tatU5 of the organisation and to represent prudent financial management. 13. Transactions wlth Trustees None of the tru5tee5 received any remuneration or any other benefits from an employment with the charity or a related entitv during the current or previous year. During the year the expenses reimbursed to the trustees or pald 1ctlY to third partles were as follows.. Page 19
The Society Of Yoga Practitioners Ltd Notes to the Financial Statements (continued) For The Year Ended 31 December 2025 2025 2024 14. Related Party Dlsclosures There have been no lated party transactlons In the reporting period that require d1sc1osu, except for those dlsclosed in the Transactions with Trustees note. 15. Company limited by guarantee The company is limited by guaftntee and has no share capital. Every member of the company undertakes to contribute to the assets of the company* in the event of a winding up, such an amount as may be reouired not exceeding £1. Page 20
The Society Of Yoga Practitioners Ltd Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 December 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donatlons and lega¢les Donations and gifts 192 iio 192 iio Charitable Activities: Events Events 36,401 50,964 36,401 50,964 Membershlp Membership fee5 7,385 7,645 7,385 7,645 other Other income 93,522 93,522 43,978 152,241 EXPENDITURE ON.. Charltsble Artlvltleg: Events Stsging fundraising events 131,6651 (62,0741 131,6651 (62,0741 Support Costs Computer and IT consumables Insurance Postage Advertising and marketing costs Accountancy fees Legal fees Pmfessional subscriptions Bank charges Sundry expenses Trustees, expenses Independent examinerf5 fees 11,5331 (3161 191 {1661 13,9501 {4441 11,7311 (1581 11,6121 15641 13351 11,iooi 14851 11,4971 131 12611 (2131 11,0001 19,5201 15,8571 141, 1851 (67,9311 NET INCOME 2,793 84,310 Page 21