BRAHMA KUMARIS WORLD SPIRITLAL L,NIVERSITY (UK) Annual Report YEAR ENDED 31 DECEMBER 2024 Charity Nos. 269971 England and Wales;SC040512 Scotland Brahma Kumaris World Spiritual University (UK) (Charity Nos. 269971 England and Wales; SC040512 Scotland) Financial Statements Year ended 31 December 2024 Contents Page Trustees Report . 1-26 Auditors Report . 27-30 Statement of Financial Aclivilies . 31 Balance Sheet . 32 Siatement of Cash Flows......... 33 Notes to the Financial Sthtements . 34-41 BRAHMA KUMA￿5 WORLD SpIRfTUAL UNThERsrtY (UK) YE 3111212024 Report of the Trustees for the year ended 31 December 2024 The trustees present their report along ￿1th the audited financial statements of the charity for th¢ year ended 3 l December 2024. The tinancial stalements haTre been prepared based on the accounting policies set oul in note l io the financial stalcments and compl), with the charity's trust deed. the Charities Act. and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance ￿7th the FIn￿CIal Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP FRS 102) (effeLtive l January 2019). Legydl and Adminislrative Information Chydrity Name: Brahma Kunwis World Spiritual Universily (UK) Charity Numbers: 269971 England and Wales SC040512 - Scoiland Truitee8: Girish Wadhw8ni Mahesh Patel Rajiv P. Mehta- appointed l O October 2024 Sanjay Tulsidas Seerelary: Kim Lewis Registered and Administrative Office: Global Coaoperation House 65-69 Pound Lane London NWIO 2HH Bank: HSBC Bank PIC 584 High Road. Wembley Middles¢x HAO 2DB Legal Advisers: Anthony Collins Solicitors LLP 134 F.dmund Street Bimiin8ham B3 2ES VWV Solicitors Second Floor. 3 Brindley Place Birn]ingham Bl 2JB Auditor: Kingsley Brackmann Partnership 64 W(K)dcock Hill. Kenton, Harrow Middlesex. HA3 OJF BRAHMA KuNL4RlS WORLD SpiRtruAL UNIVEPSIn" (UK) YE 3111212024 TRUSTEES REPORT Iconthiued) Structure, Governance And Mgnvdgement Trustees and organisational 5trneture The trusle¢s who held office during the financial year and at the date of this report are set out onpage l. The trust de¢d allows for up to I l truslees to be appointed. Truslees serve unlil they resign. New trusiees are nominated and if suitable appoinied by members of the board of trustees, taking into accouni ihe necessary skills ihe). conlribute lo the charity's managJemenl and development. New Trustees receive inforniation about th¢ charity's aclivili¢s, govemance and Iheir legal resEx)nsibilities on appoinunenl, and the Board is reviewing plans to fomialis¢ a structured induction process. The trustees take responsibility for monitoring the trusl's activiiies. consistingT of12 op¢ralional units that meet regularly. Each operational unil lakes respon5ibilil)' lo adhere to the policies and budgets. &s set out by the Trustees Board. and re￿rt baLk all relevant decisions and variances. F.ach opernlional unil consists of al leasl IWO trustees. and includes key management members in order to ensure sound governance. allowing due considerdtion of the volunteer s abilily, personal com￿lenCe. specialised knowledge and desire io serve. The I'ruslees recognise the importance of appropriate induction and (rnining. The trust has its headquarters in North W¢si London and represeniatives in many cities and towns throughoul the UK. Ri$k Management All significant activities undertaken are subject to a risk review as part of the initial project asse.ssment and implementation. Major risks are identified and ranked in lernis of their potential impact and likelihood. Major risks for this purpose are those that may have a significant effect on.. CJovernance and management. including organisational. decision making and procedures Operational F¢rforniance, including risks to our volunteers Financial managemenl, including systems and monetary Environment and exlernal factors, including public perception Compliance. including law and ￿gulatIOn The trustees review these risks on an ongoing b&sis and satisfy themselves that adequate Systems and procedur¢s are in place to manage the risks identified. Where appropriale. risks are covered by insurance. The following framework is Central io ensuring adequate risk assurance: BRAHMA KUmA￿s WORLD SpiRFfuAL UNIVERSITY (UK) YE 3111212024 TRUSTEES REPORT Icontlnued) Monitoring of major risks and development of action plans Embedding risk identification and assessment within opKrdting procedures A clear slructure of delegated authority and control Review of key systems and procedures Mainiaining adequate free reserves in line with set wlicies Regular meetings by various units with ditrft truste¢s involvement Engagement of professional advisors where necessary Relevant insurance covers in place Appropriaie Disclosure and Barring Service checks for volunteers who work with children or other vulnerable adulL8 Within the community In assessing risk. the Irust¢es recognisc that some are￿ of the charity's work require the accepthnce and managemenl of risk if key objeclives are lo be achieN'ed. Objects and Aetivities Brahma Kumaris (UK) is a non-governmentsl. non-wlilical. religious organisalion that was established in 1975. The charit). th'as constituted under a trust deed. daied 18 July 1975, with various amendments. It iq registered as a charily with: The Charity Commission - Registered Charity Number 269971 in England and Wales (E&W). The OffiLe of the Scottish Charity ReBulalor - Registered Charity Number SC040512 in SLotland (S). Th¢ charity's objects are: To promote the advancement of the Hindu Religion and other religions of the world. 2. To promote the advancemenl ofeducation by educational courses. programmes and projects and studies of and research in the field of Hindu R¢ligious Philosophy and Yoga (various techniques of concentration as defsned and discuss¢d in the Hindu Scriptures) aDd to make known the results of such studies and research. 3. To relieve poverty, mental and physical sickness and distress. 4. To promote the Men￿1. spiriiual or moral improvement of the community. The charity delivers these objectives through the following core aclivitie5: BRAHMA KUMARIS WORLD SpiRrtUAL UNIVEKqTY (UK) YE 31/1212024 TRUSTEES REPORT (Continued) Regular religious discourses. Celebrating religious feslivals including the Founder's Memorial Day, Maha Shiv Ratri, Holi. Janmashtami. NaNThtri, Raksha Bandhan. Diwali. and Christmas. Courses - Raja Yoga Mediiation primarily, bui also life skills courses based on Raja Yoga. Retreats - on¢-day and residential. Lectures, seminars, workshops and other events on how the principles and practice of Raja Yoga can help us in our dailv lives. Cornmunily eN'ents, such as exhibitions. fairs and festival& interfaith work and friendship, youth work, ￿'oMen s and men s groups. &s w'ell as activities geared to specific communiti¢s, such as busines& healthcare, and people of diverse nationalities and cultures. Public Benefit The charity CODStitutes a public ￿nefIt entilj as defined b), FRSI 02. The board of ttustees has given regard to the legislative and regulalory requirement for disclosing how the Charity's objecliN'es have provided benefit to the public. This report outlines how the various activities in the year have benefitted the public. either directly or indirectly. Serving the Community- Aetivities Aehievements and Perforniance We deliver our charitable obje¢iiN'es all around ihe UK solely through volunteers. We invite members of the public to participale in our actik'ities in person (where possible) and online, using the internet. printed materials. social medi& local nel￿,0[king. radio, film, television and advertising, as well as proN'iding regular, appropriale communications to those who subscribe to our mailing lists. All our activities are free of charge and open to all members of the community. Religious Discourses Morning religious discourses tske place every da> of the year in locations around the UK. Increasingly these are in person but some are slill offered online. These daily discourses aid deeper understanding and assimilation of the principles and prnctice of Raja Yoga for both regular and new students. We continued to offer additional Kssions for newtomers and those unable to attend the early morning discourses as well as more interaclive classes on the daily religious discourses in ho￿ and online. Averdg¢ daily CoT￿e¢ll0ns. 1,364 - E&W; 18 - S. BRAHMA KUMA￿5 WORLD SpiRtruAL UNIVERSITY (UK) YE 3111212024 TRUSTEES REPORT IContlnu¢d) Our Courses The Raja Yoga meditation course, our core curriculum, explores ho￿. we can tap inlo our inner goodness. develop a loving relationship ￿'1th God and so respond ktter to life s challenges and opportunilie5. This was offered both online and in person- in ditTerent forniat5 to meet peopl¢'s varying needs. Students are given the choice of anending once we¢kly. every day for a week or over a weekend. There was also th¢ option for on demand E-learning.. the Raja Yoga Meditation course is on our UK website and YouTube chatmel. We also offered a number of life skills courses based on the teachings and prdclice of Raja Yoga. They include.. Posilive Thinking in a Nul.shell, Relax More Siress Les3. Boosling Self Esleem and (ioodbye lo Anger. Courses were given in several languages. including English. Bengali. Farsi. Gujarati. Hindi, Portug?ue5e. Japanese, Spanish and Tamil. The following table gives ihe fib?ur¢s for people attending our courses organised and delivered by our volunteers across the UK in 2024. Course8 Raja Yoga Mediialion Life Skills Courses based on Raja Yoga To¢thl England & Wiles 3.296 'SeotlAnd 12 474 4,696 "Jus'1 u hri¢'J'nolL' 10 ihe.i¢ l¢aching.s have heen.io uma=ing tind help./iil. "I ha&e ju.ll c'i)mpleled ih¥ hexinner Ruju luxu pnedilulion c'ourse. li wa.1 hrilliu171. '()nce cigain. Iliank3 u l(?1 lory()ur lime and ¢onlrihulioii lo .s(?¢ieiy. Meditation Se85ions We offered a whole range of different meditation sessions in different fornlals around ihe UK for newcomers, more eX￿rienced medithiors and also vur rebyular students. in person and online and at ditTerent times of thc day. These were in addilion to the daily morning giatherings mentioned earlier. EnglaDd & Waks Scotland Medit81ion sessions 132.172 100 Every third Sunday of the month 6.30-7.30pm, w'e invite anyone who wishes to join us in quiet reflection to creale peaceful, positive thoughts for the world to participale in World Meditation BRAHMA KUMA￿5 WORLD SpiRtruAL UwfRSITY (UK) YE 3111212024 TRUSTEES REPORT {Continued) Hour or Meditation for World Peace, held in many UK locations and onliD¢. A total of 3.312 people participated in this over the course of the year. Online meditation sessions for people in Wales & South West England wer¢ attended by 303 people over the year. Creating Inner Peace - a series of weekly meditation sessions offered in person and online by Brahma Kumaris in Brighton wer¢ attended by a totsl of1,474 people. 'The}' hai'e ihL' m41.si beouii]ul guidL'd medilalioits. Events England & Wales ScotlaDd Talks, Lectures. Seminars, Workshops 46.990 1,174 Religious & Spiritual Celebralions 1,174 417 Special Events 12.297 2,154 Total 60,461 3,745 Thank ￿1)uff>r.$hdrinx (i ileryi l{)uLhiiig experienc'e uboui Io.¥lllR a lipi'ed i)ne. l ihoruiighlj, enjuved ihe amazing M'ebinar eniiiled Magical Tools for Self Lmpow'ernient. "I'er)1 Lalm ener￿., l()vely pe(Ipl(' ihe A4ies1 spcak¢r iiids brilliani. Tglks, Lectures, Seminars & wor￿￿0p3 A wide rdnge of talks. seminars and workshops were offered, with speakers from around the UK and around the world, sharing their F¢f8onal insights and lips. based on their owi experieDf¢ of studying and practising Raja Yoga. These w.cre otTered in diff¢reni locations and on a range of platfonns all ycar round. Talks. lectures, seminars and workshops offered by Inner Space Coveni Garden were attended by 11,446 people - 1221 in person. and 10.225 online. WANDS - Magical Tools for Self-Emwwernient, a weekly Tuesday morning onlin¢ talk and discussion. organised by Global co￿peratIon House wtre atlended by a totsl of 7,537 connections. BRAHMA KUMARIS WORLD SpIRrruAL UNIVERsrtY (UK) YE 3111212024 TRUSTEES REPORT (Continued) Friday Evening Talks offered by Bralrna Kumaris in Southall over the year attracied 1,392 online conneciions. A talk organised by Wembley Inner Space. Three Sides of a Story: Min¢. Yours & the Truth with Ken O'Donnell Offer￿ both online and in person in March had a total of 509 online Connections and was attended by 32 in person. Religious & Spiritu41 CelebratlODS We organised special evenls and activilies to mark a variety of r¢ligious festivals ihroughout the year. These included some of the major Hindu festivals. Christmas. etc.. on the understanding that. irrespective of faith and culture. we are one human family. all children of one God. The Founder's Memorial Day. In ihe month of January we commemorated the passing of Brahma Baba. the Founder of Ih¢ Brahma Kumaris on l 8th January 1969. Extra time was dedical¢d to meditation and retlcclion throughoui the month and ￿.¢ orwiised special events lor our regular students and members of the public. Shiv Ratri (The Night of Shiva) celebraies ihe lime Hhen lh¢ Supreme Being {'Shiva' the Benefactor) incarnates in the ph)'sical ￿'Orld in order to eMpO￿¢r and uplift human souls when darkness is replaced by the da￿Tr of a new day. Ai (ilobal Covoperalion House Maha Shiv Ratri - The Storj, of Immortality was celebrated with an 'immersive experience of a r¢crealion of lh¢ lemple of Amarnath. ac¢ompanicd by a Raja Yoga exhibition and culminatin¥ in ihe main stage evenl with Sister Manda Speak-ing. dance performances and meditation. Attended by around 71 O p￿pIe. 'Thi.1 ,8hik'rulri cveni ai (ilobal ( ooperaiion Hou.s¢ Mias iyrjp verj L'nlixhiL'ning, e.r('iiinx. and ci Ii)i ofleurniJYX ei'en cli ihc. ugL' (pl'"'i... l ihoi4xhi I Iwd Ic'ciriic,d enoiigh, hui no, Iher¢ i.s inorL* io IL'urn ancl h¢re Rajci l (Jxu is leachinx J¥)u uhoul Vl)ur.sL'!f li .5 nol ahi)ul me, nie me. hul il 5 uhi)ul us. ihe world ui lurgv. Holi. the Hindu Festival of Colours. is an exuberant celebralion of the beginning of spring, the Iriumph of good over evil and Unl￿'ersal brotherhood. The celebration include% sprinkling of colours or rose water on friends and neighbour5 sj'mbolises the soul being 'coloured' by God's companv. having lel go of the negativity of the past. Raksha BaDdhan (The Bond of Prolection) is trdditionall!, celebrated every August by Hindus all around ihL' world and Brahma Kumari5 hold special 'Rakhi celebrations all across the UK. The festival is a beautiful. silenl ceremony reminding us of ihe purification and protection experienced through a loving conneclion with God. Rakhis (sacred thread5) are tied on each one's wrist, 5ymix)lising the link of love beiw¢cn the soul and God. As well &s in all our main centres, Rakhi celebrations w.ere held in a nUM￿r of government. business and public buildings. Rakhis were tied at the Indian Consulate and Hindu Temple in BRAHfvIA KUMARIS WORLD SNRtTUAL UNIVF.RSITY (UK) YE 3111212024 TRUSTEES REPORT (Contlnued) Edinburgh and The Indian High Commission and Westminster City Council Offices in London. They also took place in i'arious community buildings. nursing homes, schools and temples. A total of 4,606 people had their rakhis tied and more came simply to observe and meditate. Janmashtami in Augwst is a joyful celebralion of the birthday of Lord Krishn4 the most lovable child deity, the epitome of purity, innocence, playfulness and love, celebrated with SFecial events and garba dances. Jantnashtaini celebralions w Hannon)" House Leice51er ere attL'iided b). 309 p¢ople in persvi). iF#ith 78 liN"e coiiiieLtions online. Since then the r¢cording of the ¢veni has receiK'¢d 1.51M) Iiews. Diwali, the Festival of Lights in November. signifies the New Year and the coming of light to dispel the darkness. All around the UK. Brahma Kumaris arranged Diwali celebrations for students and the public and contributed to many other celebralions organis¢d b) oth¢rs. Brahma Kumaris contribuied to the Diwali Festival ai Allum Hall & Manor House, Borehamwood. organised by Elstree and Borehamwood TO￿77 Council. MayoTS and Councillors of Hertfordshire and Hertsmere. along with members of 20 community orgianisations celebrated the Festival of Lights - the first of its kind in the area. Other Hindu festivals and religious observances tnarked included Bhai D(M)j, Dussehr4 Guru Purnim& NaN'ratri. Purushottsm M￿￿. SatnaTavan Puja and Shraad. We also contributed to celebrations organised b), others. for example. a Brahma Kumaris representatiN'e conducted meditation for the Guru Purnima celebration at ihe Aberdeen Hindu temple in July. attended by 180 people. Festivals of other faiths were also celebrated. Our aim is always to Sha￿ a spiritual pe￿pectiVe on these festivals. For example, Christm&s is a time for generosity and gratitude. for accepting and sharing the gifts of the virtues and strengths receii'ed from God. We celebrated with candlelight medilations. Christmas parties and cultural E￿ormances. Chinese New Year - the Year of the Dragon - was also cel¢bra￿d ai Global Co-OF¢ralion House. BRAHMA KUMA￿5 WORLD SpIRtfL'AL UNIVEIISITY (UK) YE 3111212024 TRUSTEES REPORT Icontlnued) Special Events Some highlights from 2024: Fl.F.. Vikrnm tk>raiS￿.&Mi, Fligh Commissioner of India to the UK. opened I'isiuii L'niitr- Aclioii.. Recopinecliiig mriih.1lo1l￿r Earih at (ilobal C(Foperation House in Januan.. OrgJ&iiiied bi" BrahTna Kumaris Eiii'ironiiicni Initiatiie. Yiik<) Forum 2nd (ir¢en Heart F()undation (GHF). the speakers were.. Ud!-Mar¢ DuLlos of GHF. Maris T¢becis. Associate Direci¢)r. Cli]i￿te and SustainabiliTh.. Global Counsel and Si.4ier Jal'aiiii. C-.F.O of Brnlima Kumaris i L.K i. IlMei)d¢d bN' . "60 pLopl¢ in pei'soii and 131 online conn¢*iioiis. UN International Women's Dav (IWD) Brahma Kumaris UK organised a nUM￿r of events celebrating UN International ￿.."0￿en s Day in seN"eral places around the UK in March, including Aberdeen. Binningham. Harrow, L¢icester, London. Loughborough, Sutton Coldfield and Wembley. A representative from Birn]ingham Inner Space was a guest speaker at a special IWD event at Shree L&xmi Narayan temple, Birnlingham on the theme of Women Empowernieni. Other speakers ￿'¢re from the Police Force and the business community. attended by 80 people. UN InternatlODal Dav of Yoga (IDY) We marked the LN International Day of Yoga in June with events and [n￿lIation sessions offering an understanding and exp¢rience of yoga of the mind - meditalion. Tn Ashton-under-Lyne, 60 people attended a tslk for IDY organised by Manchester Inner Space. Brahma Kumaris representatives were invited to join IDY celebrations in Trafalgar Square, London. attended by" over 700 ￿pIe. including th¢ Indian High Commissioner, Bollywood celebrities and a wide variety of organisations involved in teaching and practising different kinds of yoga in the UK. We hosted and contributed to IDY events in variou5 UK locations. including Aberdeen, Battersea, Binningham Bromley". Croydon, Edinburgh. Global Co-operalion House. Ilford, Leicester. Pet¢rborough.. ￿atr0rd and ￿'emble!.. as well &$ online. BRAHNIA KuMARts WORLD SpiRrruAL UN'IvERsrtY (UK) YE 3111212024 TRUSTEES REPORT (Contlnuedl Black History Month To mark Black History Month, Global Co-operation House held a special in-house event L'ntying the Knois thai Bind (attended by 65 people) and an online tslk Celebraling Cultural Diversity wiihin Adversity (45 connections). UN World Meditation Day In early December 2024. it was declared by the United Nations that 21 st December would be designated &s the UN World Medilalion Day. Events to make this first ever day celebrating the benefits of meditation were held in London, Pelerborough and Wolverhampton. Brahma Kumaris celebrated the firsl ever UN International Day of Meditation wtth Sister Jayanti and a group of young yogis ai Global CowoFwaiion Hous¢, London. 170 people atl¢nd¢d in p¢rson and 5.540 joined live via online plaiforn)s too. with many more walching on YouTube aft¢r the ¢v¢nt. Brnhma Kumaris, Contribution to Events Run by Other Organisations Si51er Rosc li￿.17￿)u￿1) ol. Gla5giow Iiiiicr SpaLL a% ii)i ii¢J to %p¢ak al (Alu.IkT()ii' liil) #l (il¢L¥gi() CathL.dral in Janiian. Markin¥ %50 since Glas¥?0￿ ￿95 toundL.d. Ihc ci"Ll)I hosi¢d b). CilasyiTrw's LiTrrd Pn)i(bs1 Mnd brLiiighi lo¥¢ther ?.511 people fry)In Glas&?ow s dii'erse comiiiunities. As pan ol Iheir Healih and Wellbeing programme enlitled Peace Amongsi ihe Painiings, Leiccstcr Museums & Art Gallcr). invited Brahma Kumaris to give lalks in ihe Victorian Art Gallery in January. 2024. tOPlCS Such as CIuTilJ'frum c.huus and Why Kindne.Fs' MullL?r.F. Sister Maureen. Programme Director of Bralllna Kumaris UK. invited io sp¢ak in a multi- faith panel at the Spiriiuulity, and P5)chia¢ry .Slti Conference al the Royal College of Psychiatrisls in London in March on the theme Whal 5 G(pdgi)i io do Miiih li I l.f ihere u pluce .fur God in p.syLhialry? The lopic for discussion was How isjvur rela11u￿$hlP with (iod healing foryou and those ofyourfaiih? Inner Space Manchester wa5 invited by Manchesler Museum lo contribute to their Wild Wws lo WellbL'ing weekend on August Bank Holiday Mondaj. Around 130 people participated in a range of self-care and awareness activities exploring the vital conneclion between nature and wellbeing. io BRAHMA KUMA￿5 WORLD SPIRITUAL UNIVERsrrY {UK) YE 3111212024 TRUSTEES REPORT {Continuedl DI￿.&17 on Trafalgar Sqiiarr. organised b!. the Nla)or of l.ondon's oftice M'ith tlie Diwali iii London (Dll.) Committee. of i*hich Bks are aciiie rnemk￿. ￿a5 attei)ded bl oier l 0.1100 people. Sister Ja¥mini i)fili¢ Brahiiia KuiTiaris led the irO￿"d in a short meditation o¥1 $111bie. W'< als(7 had iL'iits offerinby o 61imp.ic' iJfiliL' (if). spiriluiilji?urne)' isiih 31rengih. Community Activities (Outreaeh) England & W*leJ Scotland Community Event& includin8 Fairs & Festivals 12.754 1,795 Funerals 3,021 Total 15.775 1.795 Community Evenl$ We ran a wide range of community activitie& al first in person and then online. for people in outlying communities around the UK. We hai'c been 5ervingi some of these are&s for many years. whilsl others were for Ihe first lime. These included places such &$ Airdri¢. Canterbury, Derby, Dunstable, Eccles. Harrogate. Ipswich. Liverpool. Nonvich. Oxford. Preston, Rochdale and Watford. A total of 255 people attended Peace of Mind- Medilalion Insights and Practical Tips organi5ed by Glasgow Inner Space ai The Hive. Airdrie over the year. Manchester Inner Space siarted a series of regular evenls in Liverp￿1. Two talks at LivertK>oI Central Libriwy in OLiober were aiiended b) 43 people. and one dl the Shree Radha Krishna Hindu Temple was altended by 83 people. The Lighthouse Retreat Centre in Worthing stsrted monthly m¢ditation e￿entS in Littlehampion, attended by 12-15 people each day. 12 BRAHfvIA KUMARIS WORLD SpIRtruAL UNIVERStrY (UK) YE 3111212024 TRUSTEES REPORT (Conthiuedl Pupil.- from DalmarttiKk PrimaTr' School. Glasb?o%N' tLM)k pan iii file relaxation and iiiedilaiion s¢ssions at Inner s￿¢¢ Glas¥0￿. stanin£ in No¥'ember. eniiagiiig in acli%ilics dcsioned to suprK)n tl)eir Iiieiiial and emotional wellbeiiig. I'he 16 pupils aiid a¢LompanN ing stafT found th¢ ¢¥￿Ti¢ll￿¢ i'¢Th. r¢iTrÉardiEIL ith lh¢ result that the entire teaching statT of Daliiianiock Primar¥ Sklio()I latcr aiieilded Glas¥)ow. Inner Spa¥¢ tor n aft¢n)L)on ()f relaxation and reflecti()n during an INSET dai. Th￿kYou111S￿￿W&Mw9 fromlfinBrSpac•. .-UiG è.gL.w¥O." 6r-iÈrS￿"_eG yjo. Wembley Inner Space offered regular aclivities in Dunstable and W4tford. In Dunstsble. there 'ere monthl>. sessions with a variety of activities at the Lewse), Fann Learning Centre: attended by up to l O people each session. A monthl! stall at Dunstsble Market offering various free activities was visited by around 300 people each month. In Watford, nearly 650 people benetiled from a lotal of 24 session5 and eTrenls - in various places in person and also online - organised by Wembley Inner Space. These included Mediiation Sessions. Positive Thinking workshops and Diwali Celebrdtions. Fairs and Festivals Fairs and exhibitions started to open up again. after the pandemic. We had stands at several events and locations, sharing N'alues-based aclii-ities and materials, based on ihe teachings of Raja Yoga and Én many c￿S a free and accessible 'drop-in programme of meditations and short talks. South London Brahma Kumaris had a stand ai the Milcham Carnival in June. attended by 200 people. Brahma Kumaris were on the organising committee of the Loughborough.14ela that tskes place in August, working ￿'ll￿ Charnwo(yd Borough Council, local communiiy groups and charilable organisations. Th¢ Brahma Kumaris stand ￿'aS visited b!¥. an estimated 300 people - including the Mayor of Loughborough. Councillor Julie Bradshaw MBE. 13 BRAHMA KL'MARIS WORLD spiR￿liAL UNIVERSttY (UK) YE 3111212024 TRUSTEES REPORT (Continued) Brdhma Kumaris were part of the Ellipih￿Y1F Fringe Fe.s¢ii'ul Iliis vcar. Regular Dr(?iy In, Pom'er Up mediiation sessions Ihmuglii)ut Augiist at FAiwbburg1) lllner Space "ere attended bN a toial of 157 pcoplc. Tli¢ I,irlue ￿￿.¢1 set up in The Nleadows in th¢ ¢entre on all rin¢ dal's pro¥'ed a liugpL hit. Aroiiiid I.()00 people th'ere reiiiiiidL.d (71 i."irtue ihe¥ hai.'¢ that mib)ht be useful lo Ihcm iioii.. We had a strong presence at the Om loga Shoii. _ .Vind, Body Soul E¥peTience at Alexandra Palace in North London in October once again. We offered talks about the practical application of Raja Yoga meditation by a variety of speakers. An esiimated 1.000 people attended our guided meditations, over 400 people t(x)k part in our Eniergencj C)plimisl game and around 1,000 people engaged in our Virlue l*heel and Tree ofGuod Wishes. Once again Brahma Kumaris had a stand at the Glastonbury. Festival for five days in June, wh¢r¢ we ran meditation sessions and gave oul IKlSltive affinnalion cards to some 450+ people. Jnterfaith We continued our work in bringing ￿pIe of different faiths and cultures closer together and to nurture a deeper understanding between different faiths, based on acc¢pLqnce and respect. Our volunteers around the UK contribuied to inierfaith meetings - some in p¢rsotL many still online - around the UK. There are two Brahma Kumaris teachers now seThing as University Chaplains: Sister Carole at the University. of Lincoln and Sister Natslie at Loughborough Universily. Sistcr Prili from Souili London oai'e a small talk and mediiation c)n inii¢r ped¢e l￿d ￿ace in the world at the 39th celebratioii ot'thc LondoT] Peace PaLoda in Batt¢rs¢a Park, Loiidc)n in Jun¢. The interlaiih peace prd)'er meeting or¥anised bN. Buddl)isi monk Re% G Nagase of the N ipportz&n MNohoji Buddhist organisation. 14 BRAHMA KUMARIS WORLD SplluniAL U.NIVERSITY (UK) YE 3111212024 TRUSTEES REPORT (Continued) The Harrow Interfaith Conference of the Interfaith Chairs from London Boroughs ￿'aS hosted this year by Global Co-operation House in November. The Importance of Sanctuary was Global Co-operation House's own contribulion to National Interfaith WeeL Vote of thanks from Councillor Harbi Farah, Cabinet Member for Safer Communities. Jobs and Skills, tA)ndon Borough of Brent. Diverse Communities: We offered special community actii'ities for people speaking many languages including: Farsi. Gujarati. Hindi. Japanese. Nepali, Spanish. Portuguese, Punjabi, Sindhi and Tamil. A snapshol of Tamil service in 2024 Serniiig the Tamil ¢ominUni￿. ai lh¢ val￿01 Slimmer Sports Fes¢ii"81 in cro￿.dOn in Jul Brahma Kumaris representaiives in the London area were inviied to give talks in the following temples and at temple fairs in Alperton. Archway, Ealing. Harrow. Le￿iSha￿. Stoneleigh and Walthamstow. Four separate weekly online cl&sses for regular students were attended by around 45-60 people each session. Raja Yoga courses in Tamil - in groups or individuals- were attended by 113 people. Retreats were organised for Tamil SF*aking students in Worthing (June and August). Barcelona (September) and the Global Retreat Centre (Octokn). In 2024 we stsrted regular outreach events at Liverpool. with monthly tslks at the Liverwol Central Library. Around 30 Sri Lankan parents and children various degrees of autism, who had been laught meditation and sustsined online over sev¢ral months, all¢nded a talk by Sister Rekha in November at ihe Central Librdry on Resiless ..Ilind io Resifvl,Vind. A talk in Hindi at the Shree Radha Krishna Hindu l emple. also in November. was attended by 80 people. 15 BRAHMA KUMARIS WORLD spl￿TUAL U.NIVERsfFY (UK) YE 3111212024 TRUSTEES REPORT (Continuedl Funeral service Brahrna Kumaris were invited io conduct and contrtbuie io funeral services in different locations around the UK both in ￿rsOn and online. We also contribuied lo prayer meetings and special meditation gatherings for bereawed families. offered support for famllies and friends and dedicated time each dai. individuall! and colleclii'el}' for special meditation for those who had passed away. the sick and the bereaved (3.021- E&W). Inner Spaces-'oases of calm, in the city Our Inner Spaces are accessible for people lii'ing and working in urban areas. Man>. also do a lot of outreach ￿'ork in nearbv neighbourh(KKls. Manv thousands benefii from the meditation and se1t￿leVelOpMent courses, meditaiion sessions and talks otTer¢d regularlj online and in person. There are now 12 Inner Spaces around the UK- in Birniingham. Bradford, Cambridge. Chelmsford, Colchester, Edinburgh. Glasgow, London's Covent Garde￿ Manchester, Newcastle. Romford and Wembley. (Attendancelconnection figures for Inner Space activities religious discourses, events, courses, meditation sessions. etc. are included under thos¢ headings.). Cambridge Tnner Space held Medilatlon-b￿d 'mentsl health sessions, with the marketing department of a biotech company in Granta Park and also at the University of Cambridge Chemistry Department. attended by a lotal of 46 people. Inner Space Covenl Garden continued io offer meditation and life skills sessions based on Raja Yoga tn a wide ￿arIetY of ￿.OrkplaCes. For example. the), ran weekly online meditations and a special online event for sthff of a governmeni deparnneni. Ihe}' ￿'¢re invited to participate in a London University Wellbeing Fair for staff and PhD students (attended by 287 ￿Ople}. and gave a two-day training for the City of London law enfoTcemenL with 54 officers participating in person. "Inner.fpuL'e hcis b¥en life-c'hunxing lor nie. I reallj.. appreciale liai'ing a.fpacL' lo come fo.for peac'e in ihe busJ4ve.s.f ol-Loiidon and ulM'ai'.f feel iyLprJ It'elcnTned M'iili.s(J muc'h kiiidne.%.s. Thank Joii./ur ei'enihing J'ou di) lo help i)Ilier.r. "Inner SpoLe in (-.oi'epi¢ (yap'deii ii'u.f inlr()duced io nie ui .5'(?me linie in ihe 199lJ'.s und l uli4.uk ppuide a i￿1￿1 u]poppiiig iii whenei'er iii ihe C oi'eni GarJeii urga, bringing oihers alonx loo In iJ71roducv iheni to il.s muxi('. "li ha5 nei'er failed io resel mfv. spiriiualprac¢ice. 16 BRAHMA KUMA￿5 WORLD SpiR￿uAL UNIVERSITY (LIK) YE 3111212024 TRUSTEES REPORT (Continued Sustenance Aelivities EDgl*Dd & Waks Seotland Sustenance Activities: sus￿nance Events & Groups 50.836 1238 Spiritual sustenance events for Brahma Kmmaris students and ieydchers Events and actil'ities for the spiritual sustenance of our students and ieachers were organised all over the UK. These look the fom) of special gaiherings, personal development and skills training, workshops. facilitated dialogue, spiritual explordtion and discussion and expression through perfonning arts and audiolvisual materials. Global Co-operdtion House continued to webcast a special programme for regular students around the UK eve[> evening. along with a rangJe of other regular and occasional susl¢nan¢e a¢iii'ilies. Sustenance ei'ents provided bj Inner Space Cambridge for new and regular students over the year were attended by a total of18.641 people. Meditation and cl&ss Zoom sessions offered to BK students on Mondays, Tuesdays and Saturdays by Brahma Kumaris in Slough had a total of 3.300 connections. Ham)ony House, L¢i¢ester ran weekly Youth and Children's cl&sses in person all year round, Ith 305 attending the Youth Cl&ss and 286 attending Children s classes. Spirithal sustenance groups A number of groups - both for the public and new and regular sMdents - met on a regular basis throughout the year. in person or online. Thes¢ included gatherings for women. men. childre youth, the elderly and s￿CIal inlerest groups, such as eni"iTonment, health and wellbeing and a range of spiritual discussion and mutual SUPFKYrt groups. The Make It Happen group (BK Youth) met monthl}, on a Sunday for spiritual conversation, workshops. sessions ￿1th senior vogis and to meditate togeiher. Thej organised two retreats for young, people entitled True North at Global Retreai Centre and Lighthouse Retreat Centre Worthing. They also organised one for BK Youth of Gennany. Netherlands and the UK in Moring¢n, Gennany. In addition: they pn)duced a s¢ri¢s of evenis including: Earth Care is Heart Care in April ai Global Co-operation House. in honour of FArth Day" Sacred Sounds and Meditation for Inner Harniony in collaboratlon with Religions for Peace online in June; Building Resilience in a Climate Crisis as a contribution to London Climate Action Week in June; and a special Raksha Bandhan celebrdiion for friends and colleagues of BK Youih in August. 17 BRAHMA KUmA￿s WORLD SpiRtruAL UNIVERsrfy (UK) YE 3111212024 TRUSTEES REPORT (Contlnuedl A weekly in person Listening Group by Leeds Bralllna Kumaris for regular students was attended b>. a total of134 people. The Advanced Weekly Churning Group on Zoom for regular students run by Brahma Kumaris in Croydon was attended by a total of175 people. Serving the public through Media and Online Plarforms Social media We continued to communicate and engage with our students and communities through the medi& social media and various inteTnet sites. We streamed a wide range of events and meditation sessions and uploaded uplifting content lo a number of websites, social media platforms and apps. Il'e also prO￿.Ided our various audiences H'ith news, details of eTrents and activiti¢s, daily inspirations. opw)rtunities to participale, interact and gil'e their input and feedback. Across all our UK social media plaiforn)s and channels we had a iolal number of 413.043 follower￿subscriberS/rneMbers {&s ai Dec 2024). FollowersJsubscribers/members Engl8Dd & Wales Scotland Facebook 89.559 10.163 Insight Timer tiust-a-minutellnner Space Glasgow) 6.800 4.300 Instagram 26.928 1.103 Meetup 17.743 12,962 Pinterest 3,100 1,930 Soundcloud 2.684 42 X (Twitter) 13,999 2J67 YouTube 67.986 2,467 Total 228.799 35J34 18 BE4HMA KUNIARIS WORLD SpiRfTUAL UNIVEILSITY (UK) YE 3111212024 TRUSTEES REPORT (Contlnuedl YouTube Additlonal Inforn￿li0n about intelxction with our UK YouTube channels: l.lighligl)Is from Bralima KLiinaris L":K I'ouTube Chann¢l in 20*4 includL': l)k'in lo .gee ih¥ Li hi with Inurid Ilonkala and Sister JaN'anli with oi'er 6,000 Fmbrace 'oiff Inner Peace - a guided meditation bN' Sister Ja%".￿1t1 with almost 8.1100 I'ieHs. YouTube additional counts England & Wales Seoiiand Comments 3,748 312 Likes 112.057 4,290 Videos 1.403 223 Views 7262,731 279.612 Instagram We used 15 Instagram accounts to inforni, conn¢¢t and seNe our communities around the UK. W*lk wfth M• 'thir on l¥ alk w ith Me. an inlerfaith alk through l¥'hiiLhall for pca¢¢ iii JulN' r¢eiNed 700 likes. 19 BRAHMA KUMAWS WORLD SpiRrruAL uNNER5￿y (UK) YE 3111212024 TRUSTEES REPORT (Continued) A series of I l i'ideoi leading up io Ihc IrN Intemational Das. ot- Yogya iii June eiiiitld Medilalion Made L.a5%'. IF7 Mhich Sisier Gopi ans￿ered question4 pei)ple hak'e about iiieditslii)n ￿a$ lik.ed by a iotal 4.548 p￿pIe. OT Facebook We had more than 20 different facebook pages serving differenl ar￿ of the UK, as well our UK page. Brixton Inner Space Outreach FaceEMx)k page. which h&s 857 followers. offered a Daily Broadcasl. in which different people shared their meditation insights and experiences for 10 minutes daily, Monday - Friday, attractsng an average of around 100 views each session. Websites England & Wgles Scotland Websiies New Users 31,825 5,909 Websiles Views 672.299 15.055 Websites Visitors 113,470 6.030 In addition to our natiOTthI website brahinakumaris.uk', there were over a dozen websites for differeni geographical locations or specific initiatives, including.. Global Retreai Centre.. lobalretreatLentre.oru Global Co-op¢ration House Jlobalcoo erationhouse.o Inncr Space Bradford bradfiird.inners Inner Space Cambridge cambrid einners Inner Space Chelmsford Lhelmsford.inn¢rs Inner Space Colchesler Lolcl)esieriiiners ace.or Inner Space Covent Garden. London inners acL.O Inner Space Edinburgh edinbur .innLrs ace.or aLe.or ace.or 3ce.or 20 BRAHMA KUNIARIS WORLD SpiR￿uAL UNIVERsrrY (UK) YE 3111212024 TRUSTEES REPORT Icontlnued) Inner Space Glasgow ola.% oH'.inners ace.oro Inner Spare Manchester n)anchcst¢r.inners Inner Space Wembley WLmble*'.inners just-a-minute ust-a-minule.oro Lighthouse Retreat Centre, Worthing liohihous¢r¢trcatccnlrc.or ace.or Ini)er Space Il'-cmbleN." laiinchcd a neH"' ￿'ebsile in Gro￿ with us 24 Goals in 2024 was an online yearlong projecl by Covent Garden Inner Space, designed to guide participanls through persona] gro￿. ￿'1th aclionable ideas. guided medilations, affinnations and reflectik'e questions. At ihe end of each month there ￿'ere discussion groups - iKTrth online and in person - where people shared their goals, l¢arning and insights and could be inspired by each other. Ov¢r 1,41K) people participated. "If()uncl ihe ?4 Goals in 20?4 1() be iiplifiing. engagiiig und ii.'ell pul logeiher. Throughoul the J'¥ur I buih l(Jokedfun*'urd io ihe ne.rl gc?(Jl aml i-É'Jl¥L-IL'd on ihL' prLJi'joii.) ()ne. M,ItiLh hud a POSiii).'e imwicl on my dciJ'_In-dcg' and epnoiioiial health. Throiigh ihe onllne.forpp￿i I léli like parr o]'someihing bigger ihan mJ.-.self M'hiLh brouglit hopL' and oplimi5m in di]liculi times, Iiihile offerin% ihe conveniepice ofparticipalingfrom ihe Comfort ofmy Om'll space." 21 BRAHMA KUMARIS WoRLDSpiRrruAL UNI￿￿R51Ty (UK) YE 3111212024 TRUSTEES REPORT (Contlnuedl Apps Our range of public-facing apps to supwjrt medilation and spiritual study for new and regular students - all free to dowmload. The total number of dow)loads (instsll base) was 184.244. These ar¢." Bee.Zune - guided meditations, challenges and tools lo help bring meditation into daily life Medilaliop7 Lounge - rel&xing meditations Madhuban Murli - dail}" teachings for regular students Traffic Control - timed music io encourage tsking short pauses during the day to observe and direct the flow of our thoughts. Print Medi Examples of coverdge of our aciii'ities in print media: Celebratlonof Janmakn at A ￿port oil Jaiiamashtami cclebrarions ai Cjlobal C'o- operaiion Floiise. Loiidon in S"¢pieiiiber. published in Asiati Voile. Intertaith Scotlind A Rew)rt on The PoiTr"er of Discoi'eTh. orL41ni5ed bN" Cilgsgoi¥" IntbLr Space as part ol- Scottisli iniertaitli Nl'¢ek ?024 in No%'¢mber. publish¢d iii Interfaiih Sii)tland. Scoitish Inicrtaitli W'¢ek 2024 Power ol" L)iscoi'L"Tr and Illyli￿oi.erIngi Iiincr PeJct" 22 BRAHMA KUMARIS WORLD Sp￿[￿UAL UNIVEIsrrY (UK) YE 3111212024 TRUSTEES REPORT (Continuedl A rewrt oji our Aniiual _Multi-laitli Reiiiei)Ibrance DaN gathering ai Harnioii%. Hous¢ L¢i¢¢sl¢r in Noi"ember: publislied in Asiaii VoicL. "*¥ Activities in Scotland Brahma Kumaris (UK) aclivities in Scoiland conilnue to develop and expand. The details of public benefil are showm alongside England and Il'ales. Our Volunteers The Trustees would like to pay special tribute to the remarkable commitsnent of all our volunteers in enabling the Charity to meet its objectives, especidll). during this challenging and demanding year. Individuals who ￿nefit from the chariifv frequenily choose to give their time and support in ￿titude, demonsirating the spirii of selfless service (seva) which lies at the heart of our ethos. Our volunteers come frotn manv backgrounds and bring a ￿]de rnnge of skills, eX￿rience, and enthusiasm. They contribut¢ An diverse roles-from d¢lii'¢ring courses. supwrting meditation sessions and evenls, maintaining our cenlres. offering5 administrative and technical supp)rt. lo engaging with local communities and interfaith M.ork. The Trustees recognise the importance ol ensuring all volunteers are supported and ¢quipped to serve safely and effectivel),. We are committed to providing clear guidance, safegFuardin8 training where required. and creating an inclusive environmenl where all feel valued and respected. Our volunteers are without doubt the charity's most valuable 'assets'. and their dedication makes possible the delivery of all our charithble activities free of charge to the community. 23 BRAHMA KUmA￿s WORLD SpwruAL tiNTVERStrY (UK) YE 31/1212024 TRUSTEES REPORT (Contlnuedl Financial Rei'iew and Results for the year The iolal incorne generaied for the Jear amounted 10 £3.352.727 {2023: £3294,157) and totaI resources expended amount5 10 £2.789.489 {20?j: £2.473,764). The income was predominantly raised through voluntsry donations of £2,331,053 (2023- £2,157,981). Most of th¢ charitable expenditure relaies mainly to provision of courses, discourses, events. propeny running costs and SUPEK>rt services &s further explained in Note I to the accounts. Future Plans The charitv's short-lenn plans are to increase the number of individuals seTred through its activities and Continue sustainingy the exisiinbJ students. The medium-lerm plans are to cultivate existing relationships and association with similar organisations. The longer-tenn plans are to serve in strategic areas and cities throughoui the UK, enabling benefit to the wider community. Investment PoRiev The Trustees adopi a Prudent and risk-avers¢ approach to th¢ investment of surplus funds. The majority of funds are held in bank dery)sits to preserve capital and enswe liquidity. Investments are relained solely to further the objecis of the charitN. particularl)." to support its presence and activlties in cities throughout the UK. The Board re￿.le￿S the investment strategy annually to ensure it remains appropriate. complianl w'ith the chariij s objectiN'es and mindful of cconomic condition. Going Concern The Trustees have reN'iewed the ¢harity"s unrestricted expenditure needs. which average approximately. £2 million annually before depreciation. l-he clwity S FKTrlicy is to hold unrestricted fre¢ re5¢rves suificieni io cover at Iwi tw'o y"¢ars of core operational costs, iargeting a reserves level of around £4 million. Maintaining this level of reserves ensures the charity's resilience against income i'olatility and provides sufficient time io adapt plans in the event of any downturn. It also supports working capitsl needs and planned maintenance of propert), assets. The Board revieH's reseTres levels on a quarterly basis to ensure they remain appropriate to the charil>' s needs. risks straiegic plans. 24 BRAHMA KuNfA￿s WORLD SpiRrruAL UNIVERSITY (UK) YE 31/1212024 TRUSTEES REPORT Icontinuedl Reserves Policy The Trustees have Teviewed the charity"s unrestrteted expenditure needs. which average approximately £2 million amiually IKfore depreciation. The Charity s wlicy is to hold unrestricted free reseTh'¢s sufficient io coN'er at least two years of core operational cos targ¢ling a reserves lei'el of around £4 million. The Trustees consider this level of reserves ptudent and necessary for several reasons specific to the charity's operating environment: The charity is wholly reliant on voluntary donations, with no trading income or subscription model. Donations are largielv ad hoc and unpredictsble in timing and amounl. The donor base includes a SI￿lficant number of older Sup￿rte￿, making ￿tUre giving polentially less predictable Ol¥'er time. The charity operates from a number of subswitial PToperties which require ongoing maintenanc¢, repair. and regular refurbishment to remain safe, accessible and welcoming. All charitable activities are deliN'ered free of charge. There is no ajternaiive income stream to offsei ani. sudden reduction in donations. Inflationary pressures and economic uncertaini), wse further risk to both income and operating costs. Maintaining adequate reserves ensures the charity can continue lo deliver its core services for an extended period if income falls providing time to adapt plans responsibl}, ￿'ithOut harnling beneficiaries. Adrquatc rcscrvcs also SUPFK)rt workinbj capi￿1 need¥ cnsurr flow stability. and enable the charity lo meet unexpected costs. including those related to safeguarding and volunteer SUPEK>n. The Board revieth's the level of reserves on a quarterly basis to ensure ihey remain appropriaie to the charit?'s needs, risks and straiegic plans. A higher level of reserves may also be considered appropriate to support the charity's strategic goal of expanding its presence and services to other areas of the UK. 25 BL4HMA KUMARIS WORLD SpiR￿VAL UNIVERStTY (UK) YE 3111212024 TRUSTEES REPORT (Continuedl Statement of Truslees, Responsibilities The Charities Act 2011 require5 the trusiees lo prepare accounts for each financial year which give a true and lair view of its financial actii.'ilies arml of its financial p)Siiion ai the end of the year. In preparing the financial staiements the trustees are required to: a) select suitable accounting policies and apply them consistently, b) observe the methods and principles in the Chariiies SORP FRS 102. c) mak¢ judgments and estimaies that are re&sonable and prudenL d) follow applicable UK accounting standards and the Chariiie5 SORP FRS 102. disclosing and explaining any departures in the accounts, ¢) prepare the financial slalements on a going concern b&sis unless it is appropriate to assume that the charity. ￿111 k unable to contlnue to meet its objectives. The Board of Trustees is reswnsible loi keeping adequate accounting reLords w'hich disclose with reasonable accurac), at any time the flnancial tx)sition of the Charity. and to enable them lo ensure that ihe financial statements complTr with the requirements of the Charitv (Accounts and Reports) Regulations 2008. The!. are also responsible for safeguarding thc assets of the Association and hence for taking reasonable steps for the prevention and detection of e￿0￿, fraud and other irregularities besides the above reswnsibilities. Ststement of disclosure to auditor. a) so far as the truslees are aware, there is no relevant audit inforniation of which the company's auditor is unaware, and b) they have tsken all the steps that they ought to have tsken as tn￿leeS in order to make themselves aware of any relevant audit information and to estsblish that the company's auditor is aware of that infonnation. For and on behalf of the Board of Trusiees, Sanjay Tulsidas Trustee Dat¢ 26 BRAHMA KUMARIS WORLD SPIRITUAL UNIVERSITY (UK) YE 3111212024 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRAHMA KUMARIS WORLD SPIRITUAL UNIVERSITY (UK) Opinion We have audited the financial statements of Brahma Kumaris World Spiritual University (UK) for the year ended 31 December 2024 on pages 31 to 41. The financial reporting framework that h&s been applied in their preparation is in accordance ￿7th applicable law and United Kingdom Accounling Standards (United Kingdom Generally Accepted Accounting Prdctice) and the Charities SORP FRS 102. In our opinion the fllmncial statements: give a true and fair view of the slate of the charity"s affairs as al 31 December 2024 and of ils incoming resource5 and applicalion of resources for ihe year then ended. have been properly prepared in accordance United Kingdom Generally Accepted Accounting Practice. and have been propeilj prepared in accordance with the Charities Act 2011, the Charities and Trustees Investment (Scotland) Aci 2005 and regulations 6 and 8 of the Ch4￿]11¢5 and Trustees Investment (Scotland) Aci 2006. Basis for Opinion We have been appointed as auditors under section 144 of the Charities Act 2011 and section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and rewrt in accordance 'iih regulations made under those Acls. We conducted our audit in accordance ISAS (UK), ￿'hICh require us to obtain reasonable assurance thai the financial stalements are free from material misstatemenl. Our reswnsibilities under those standards are further described in the Auditor's resEK>nsibilities for the audil of the financial slatements section of our report. We are independent of th¢ Charil)." in accordance ￿7th the ethical requirements that are rele￿an1 to our audit of the financial staiements in the UK, including the FRC"s Ethical Standard, and we have fulfill¢d our other ethical respK)nsibilities in accordance ￿7th these requirements. We believe that the audit evidence wc havc obtained is sufficicnt atkd appropriate to providc a basis for our opinion. Who we are reporting to This report is made solely to the charity's trustees. &s a Ix)dy. in accordance with Section 144 of the Charlties Aci 2011 and with regulations made under Section 154 of that Act and in accordance with section 44(1){¢) of the Charilies and Truslee Investment (Scotland) Act 2005 and regulation l O of the Chariiies Accounts (Scoiland) Regulations 2006 (as amended). Our audit work has been undertaken so that we might stale to the chariiy's trustees those matters we are required to stale to them in an auditor s retK)rt and for no other purw)se. To the fullest extent pemlittcd b). law. we do nol accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this reporL or for the opinions we have formed. 27 BRAHNIA K[iN￿RIs WORLD SPIRITUAL UNIVERSITY (UK) YE 3111212024 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRAHMA KUMAIUS WORLD SPIRITUAL UNIVERSITY (UK) (continued) Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to rewrt lo you ￿'her¢: the trustees, use of the going concern basis of accounting in the preparation of the financial ststemenls is not appropriate; or the Irustees have not disclosed in the financial statements any identifted maierial uncertainlies thai may cast significant doubt alM)ul the charity"" s abilitv to continue to adopt the going concern basis of accounting for a period of at least twelve months from the dat¢ when the financial statements are authorised for issue. Other Inforniation The trustees are responsible for ihe other inforn]a(ion. The other infomaiion comprises the infornialion included in the Annual Report. other thdn th¢ financial stsiemenis and our Auditor's Report thereon. Our opinion on the fllwicial statements does not cover the other infomiation and we do not express any fonn of &ssurance conclusion thereon. In connection wilh our audit of the financial stalements. our responsibility is to read the oiher inforniation and, in doing so. consider whether the other infonnaiion As maierially inconsistent with the financial slatements or our knowledge obtained in the audit or othen¥ise appears to be materiall), misslated. If we idenlify. such maierial inconsistencies or apparent material misstatements. we are required to detennine w'hether there is a Material misstatement in the financial sthiements or a maleriai misslatement of the other information. If, based on the work we have perfotmed. we conclude thai there is a material misstatement of this other infonnation, we are required to report thai fact. We have nothing to report in this regard. Matters on whieh we are required to report by ex¢¢ption We have nothing lo report in respect of the following matters Whe￿ the Chariiies A¢t 2011 and Charilies Accounts (Scoiland) Regulations 2(K)6 (&s amended) requires us to r¢port to you if, in our opinion.. the infOrn￿ll0n given in the Trustees. Annual Report is inconsistent in any material respect with the financial staiements: or the charity has not kept su￿1Clent accounting records; or th¢ financial statements are not in agreemeni ￿'1th the accounting records and returns. or we have not recei￿ed all the infonnation and explanations we require for our audit. 28 BRAHMA KUNIARIS WORLD S￿R[TUAL UNIVERsrrY (UK) YE 3111212024 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRAHMA KUMAIUS WORLD SPIRITUAL UNIVERSITY (UK) (eontinued) Responsibilities of trnstees for the financial statements As explained more full), in the Trustees Responsibilities Statemenl sei out on page 26, the Irusiees are responsible for the preparation of the financial statements V¥'hich give a true and fair view. and for such internal control as the Iruslees deiennine is necessary to enable the preparation of financial statements thai are free from material misslatement: whether due to fraud or e￿Or. In preparing the financial statements. the tn￿leeS are responsible for assessing the charity's abilily lo conttnue &s a going concern. disclosing. as applicable, matters related io going oncern and using the going concern basis of accounling unless Ihe trustees eiiher intend lo liquidate the charily or to ce&se op¢ralion& or have no realislic aliernalive bul to do so. Auditor's responsibilities for the audit of the financial statements Our objeclives are to obtain reasonable assurance aboul whether the financial slalements as a whole are free from material misstatement, wh¢th¢r due lo fraud or error. and io issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstalemeni M'hen li exisis. Misstatements can arise from fraud or error and are considered material if. individually or in the agg7regate. they could reasonabl). be expected lo influence the economic decisions of users taken on th¢ basis of these financial stat¢ments. Irregiulariiies. including fraud. are instances of nonnalKID5 1331.053 411IL¥) 31.[63 41(LLry 1157,%] ii&6P) 2nM5 A¢thiitie5 thC*Ytr* 33181 XF7.152 Otherhco 171 17 ut727 1351727 I2￿.157 ChArilAtle A¢liiities ty RegU￿r tlicour5es Lrtlurt5 & kftinars Relig￿U5 Festival & Speci] Events I1.(￿1 I I1.￿391) 1917.W)I 1??4 1451 1381.1(61 13qi,9181 1117i.(kn7 )¥emance¢o$ts T(m￿ reJMr¢eJ .4841 1 473.7611 Trdnsftrs fi¢illlSw￿￿ lli the )vr In¢on%and eyndiute brought fon4•rd Funds ca￿1 fon4Frd 32 14.$3qJll 14.jNJ17 Reva￿at￿n Tcserve 1,161J82 1.161N2 1,161,312 ACCUD￿thd￿￿turiedknlrd J.131461 Nol¢'.Allamunis re&tetOCOllilllUllig aLlTrlrs Theatthched noies ofthese fmancil 513lenrn 31 BRAHfvIA KUMARE WORLD SpiRTfuAL UNIVERSITY (UK) YE 3111212024 BALANCE SHEET AS AT 31 DECEMBER 2024 ote 2024 2023 Filed.4￿tS "I"angibl¢ d55ets 17.368 182 17572415 Current As¥tts D¢bwi C&sh at EAnk a￿t in h•kl ?37.990 8.14? 514 8.380.5( 191.(X)O 7.376 245 7.567.245 Credlion: aM￿nl$ falling within year Net Curr¢nt Asstts Totil Ltss Current Llabilltl¢s ?5.695 6W 25 132461 Reprwn¢ed by.. Ateumul•i¢d Furydi Ilnrcitncied lund R¢%ifiLl¥d lun(ts Total frundj 25.695.6 25.132.461 ?4 69$ 6¢ Approved by the Boird of Trustees on Mahesh Patel Trubte¢ Date Rajiv P. Meht Truslee Date The attached notes I to 13 forni part ol. these financial slalements. 32 BRAHMA KUMA￿5 WORLD 5￿RrrUAL UNtVERsrrY (UK) YE 3111212024 CASH FLOW AS AT 31 DECEMBER 2024 Notes 2024 2023 C*sh flo￿ 0￿￿ti￿R arti￿tieS Net cash providds and services donated by volunteers if thes¢ cannot be quantified. Resources Expended Expenditure is included on an acCn￿$ b&sis when a liability is incurred. The Charity is nol regisler¢d for VAT and its expense5 are therefore inclusive of VAT which cannot k recovered. The charity'5 expenditure has iwi app)rtioned between the major activities catried out by the charity to further its objeclives. This expenditure has apwrtioned on th¢ basis of time spent in furtheran¢¢ of each of th¢ activitiC5 1x10￿, except for Retreats which is a direct attributable expense. Regular Religious Discourses Lectures, Seminars & Courses Religious Festivals & Special Events Governance 450/0 120/0 Judgments in applving aeeouDting policies and key sources of estimation uneertainty There ar¢ no significant areas ol. judgments or key sources of esliniation uncertainty arising from the preparatiun OA. the financial statements. 34 BRAHMA KUMARJS WORLD SpiRrtUAL UNIVER5rrY (UK) YE 3111212024 NOTES TO THE FINANCIAL STATEMENTS (Continued) Tangible Assets and Depreciation Tangible fixed &ss¢ts under the cost model are staled at historical cosi less accumulated depreciation and any accumulaied impainnent 1055es. As pemiitted by the Iransitional provisions, under previous UK GAAP. pre FRS 102 adoption. the Charity had elecied not to adopt a policy of revaluations of tangible fixed assets. The charity has relained the book values ot. freehold properties, previously revalued. as deemed cost on transition to FRS 102. tkpreciation is provided on all tsngible fixed assels at ra￿s calculated to WTite off ihe cost of each asset over its expected useful lif¢ as follows: Freehold properties Leasehold properties Furniture fittings and equipment Computers Motor vehicles 2.50/0 on cost over period of lease I If/• on Cost 33.330/0 on Cost 20 % on cost The charity's policy is to write off the EM)ok value of each tangible asset over ils estirnated remaining life. Revie￿.$ are made annually of the estimated remaining useful lives of individual productive &ssets, iaking into account commercial and technological obsoles¢en¢e as well as nomial wear and lear. Provision is made for all pern]anent diminution in the value of building improvements. An annual impairnient review is made. in accordance with the requirements of the Charities SORP FRS 102, to ensure that the recoverable amounls of the assets are not lower than their current values. The charity Currently h&s no tangible fixed assets to whlch impairment provisions apply. Foreign Currencv Translation Transaction5 in toreign currencies are recO￿lised at the rdte of exchange ai the dale of the transaction. Moneiary &ssets and liabililies are translated into sterling at the exchange rate on the balance sheet date. All exchange differences are recognised through the stalement of financial aciiviii¢s. Financial instruments The Charit). only has financial &sseis and financial liabilities of a kind that qualify as basic financial inslnunents. Basic financial instruments are iniiiall>' recognised at iran5action value and subsequenily measured ai their settlement i'alue. Leasing Rentals payable under operdting leases are charged against income on a slraight line basis over the lease tenn. 35 BRAHfvIA KLMARts WORLD SpiRrruAL UNIVERSITY (UK) YE 3111212024 NOTES TO THE FINANCIAL STATEMENTS (Continued) Fund Accounting Unrestricted funds are those that are available for use ai the truslees, discretion in furtherance of the objectives of the charity. Restricied funds are those donated for use in a particular area or for specific putposes, the use of which is restricted to that area or purpose. 2. Other Income To¢AI 2014 Totsl 2023 Profil on exchange dift¢r¢n¢¢s 17.305 3. Analysis of Tolal Unrestricted Resourees Expended Rd¥i FeJlii'•l & ChirithL4t Activity. Retreats CryffW•te Totsl Totsl 2024 23 Rcni Ratc5 & Wakr F.l¢clriiity- Truel & Ga5 Rcpairs & Maintena￿% In￿rdr Tclephon¢& F Pftniin8 & Siatirn¢ry Travcl & Subsixer Trdining Ilire ufF.4UlPlnMI Kil¢hEn & ('ai¢iinB Garden Ex￿nSeS ITCosL% Ad￿nIsing/ Pr(rfTh)Ik LW & Professio Audii Bank Ch [kpreC￿li 239JI87 130.ou I39￿4 2&763 13.4JJ 9.587 51691 170.016 92.476 99203 20.453 9.887 &817 37.469 58.443 31.789 .101 7.031 25.953 83248 161.382 27.tA)I 8.547 3.322 1&889 63.756 34.678 37201 7.671 3.708 2J57 557.255 372235 474.391 91.523 39.444 24.626 133.980 2.178 4.013 132J15 28221 104.497 4J92 34.755 5J(M) 8.605 771J59 447.598 267.543 4(k8.589 70.037 33.369 17.910 98.lJ6 2.IK>9 64.929 2J13 118 2.178 136 12J58 362 33.489 1812 27.ffj2 26.719 3.179 534 47.¢Y14 676 45393 1.7J6 165 23,413 32.422 1235 424 463 34.75J 5J(K> 43.481 7.768 747.(kn3 347202 24b.8 84.￿1 92J87 1.056.391 ?58.2?7 31x1.918 332.742 2.Th9.489 2.473.764 36 BRAHNqA KUMARIS WORLD SpiRTrb'AL UNIVERSTfY (UK) YE 3111212024 NOTES TO THE FINANCIAL STATEMENTS (Continued) 4. Tangible Fixed Assets Frethold Properties IL*s¢hold Property Fwrniture Fittittg5 & EouipTheot Compyter Motor vehiele Totsl Cost". At l January 2024 14.269.927 14.371.265 2.0?0.866 388.740 253.408 31,304.206 Addilion5 during the year ReclaSsifiLa¢Èo￿S Diswsal$ in the year 296.519 210.?63 61,116 1210,2631 {308.455 203.183 6,508 567.326 11,41?5501 138? 3631 1134,9611 12,238,329) Ai 31 Dec¢m￿r 2024 14.776.709 13 91.3.66i 811.4(W 118.447 29 633 203 Depreciation: At l January 2024 8.813.031 2.718,035 1.634.472 386.613 179,640 13,731.791 Charge f(Ir The year R¢¢lassilications Disposals in the year 413,535 54.726 248.890 154.7?61 1308,455) 81.150 4.294 23.690 771.559 11.4115501 {38? 363) 1134.961) (2.238.329) At 31 December 2024 9?81 603.744 3n3 07? 68.369 12.265 021 Net bwk value: At 31 D¢¢¢mber 2024 5495417 1 309919 508.427 17368 182 At 31 December ?023 5 456.896 1 653.?30 17572415 All fixed assets are used for direci charitable purposes. 5. Debtors 2024 2023 Prepayments and accrued i￿ome Total deb10￿ due within one year 237.9 191.IM)O 191.000 37 BRAHMA WORLD SpiRmJAL UNIVERSITY (UK) NOTES TO THE FINANCIAL STATEMENTS (Continued) YE 3111212024 6. Creditors 2024 2013 Accruals and deferred income Toial creditors due within one year 5?.987 7,199 7,199 7. Generydl Fund Rtttrided F#nds 2024 Unrtttricted Fyttd8 2024 Totsl Tolil Funds 2024 Funds 2023 Balance5 brou8hi forward at start of th¢ year Nel loutgoingvincoming resources for the y¢ar Balances carried forwgrd ￿ end of ihe year Transfers Rcvaluation reseryes Accumulated funds ¢arri¢d forwwd 23.971,079 563 ?38 14.534.317 23,971.079 563.?38 •4.534.317 23.150.686 820.393 23.971,079 1.161.38? ?$ 695.699 25.695.699 ?5.13?461 There were no resiri¢ted or designated fund5 thiring the year. 8. Funds 101 Analysis of nd funds 21114 2023 RtstA¢¢ed I'hrt$lrl¢ted Rty¢rl¢l¢d I"•r¢Jtritted T•¢*1 TAngbl¢ &ssei$ 17J68.182 17.368.182 17.572.415 17.572.415 Nd euTr¢nt *4SttS -327.517 ¥.J27.517 7.560.046 7.560.046 Net &8sets 25.695.6991 25.695.6W 25. 5.32.461 25.132.461 Thtre were no rtsiridal or dr5)￿￿(￿J IwML% duri￿8 LhL ) ¢ar. 38 BRAHMA KUMARJS WORLD SPU￿ruAL UNIVERSrtY (UK) YE 3111212024 NOTES TO THE FINANCIAL STATEMENTS (Continued) Ib) Ddoiled u)mpar8tives for the staternent of fin*)¢i8] ￿]vIll¢s R¢strirltd Fuod 1112J Ilnreitrltted Tot41 Fund% 2023 Fwnd* 2023 INC'OMIYC: RESOI'.RCES Volunt•r)' income Donations Lw"ies T&x rcfunds on Gift Aid Dothaions 2.157.981 558,679 270.345 2,157.981 558.679 270.345 Acti>ities to GeMer¥te f￿nth Inbt*im¢nt I￿l￿me 307,152 307.152 Other In¢Y)ming resourL*$ Ntt Incoming re5¥PUrte% av•il•blt for th4rit*lAe ANAication 3.294.157 3.294.157 CbAritaNe A¢ii*its¢s by Objeeti￿ . R¢èyl2r Discour5e5 Lectureth & Setnina Reli8ious Ftstly￿ & Special Ev¢4JiS Retr￿S 1917.3661 1917.366) (657.3491 (2?4.?461 (?24.746} {? 174.Ilh7} Governance wsis Totsl resources {?iJ¥.hl)7} 1:.477,7h4) {29%,1>1)71 [?.47_1.7h4) Transfers IDefi¢ii) / in th¢ ye*T Incotz]e and e4ienditure brouthi fonward bunds c￿ed forwanl 820.393 23.150.686 ?3.971.079 820.393 23,150,686 23.971,079 Rev8Juation reserve 1.161.382 1.161,382 knumulgted fuDd carried forwaTd ?5.13?461 ?5.13?461 9. Staff and Executive Committee's Remunerntion No salaries, fees or expenses are paid to the volunteers or Board of Trustees for their services to the charity. The average number of volunteers during the year w&$ 395 (2023: 335). 39 BRAHMA KUMA￿5 WORLD SPIRITUAL UNtI￿R5r[y (UK) YE 3111212024 NOTES TO THE FINANCIAL STATEMENTS (Continued) 10. Financial & Capital Commitments At 31 December 2024 the charily had total commithients und¢r non-cancellable operating leases as follows: Land & Buildings 2024 2023 Expiry dal¢'. Within one year 344.572 345,61)9 Betw¢en two and fiNe years 992,567 696.467 In over five years 1.631.538 1.103,453 1 l. Reeoneiliation of Nei IncomelqExpenditsre) ¢0 Nel C4sh Flow From Operating Actii'ities to Net Cash Flow From Opcrxting Activities 2024 2023 Net ncome/{expenditurel for the rewtKw perKxl Depre¢￿IK)n Lharg¢s Investment in¢i)n D¢¢rease/{DKrease) in delxors ncreasel(decreJ5e) in creditor5 8?0.393 747.063 (3(17.1 S? (16(1.81)Ri 7.19) 771,559 1317 8721 {46.￿￿)1 45.788 Net cash provthd by operating activ**S I.{￿.723 l.l(K).605 BRAFIMA KUNI￿5 WORLD SpIRrruAL UNIVERSITY (UK) YE 31112/2024 NOTES TO THE FINANCIAL STATEMEIYTS (Continued) 12. Anal)'sis of Cash and Cash Equivalents As at 01.01.24 Cash tIoF5 As at31.12.24 Cash at bank ha￿1 7.376.245 766.269 8.142.514 Total cash arKI cash equivaknts 7.376.245 766.269 8,142.514 charity borrowings. tlrrefore. a recO￿lInt￿)n ofw debi s rK)t requred. 13. Related Party Tran54clions There ￿'ere no related party Iransaclions requiring disclosure in these financial statements. None of the Iruslees nor any persons connecied with them received any remuneralion or benefils from ihe charity during the year. 41