Charity registration number: 292011 

**LIFE ETERNAL TRUST (UK) TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025** 

Peter Upton Peter Upton Limited Bridge House, 2 Bridge Avenue Maidenhead SL6 1RR 



## **Life Eternal Trust (UK) Contents** 

||**Page**|
|---|---|
|Trustees' Report|1—5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Comparative Statement of Financial Activities|8|
|Statement of Financial Position|9|
|Notes to the Financial Statements|10—15|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|16—17|





## **Life Eternal Trust (UK) Trustees' Report For The Year Ended 31 July 2025** 

The trustees present their report and the financial statements for the year ended 31 July 2025. 

## **Objectives and Activities** 

## **Aims and Objectives** 

The aims of the charity are as set out in the trust deed and centre on the dissemination of knowledge which promotes and actualises physical, mental, emotional and spiritual health, balance and well-being. This knowledge comprises in particular the techniques of Sahaja Yoga meditation and the teachings of Shri Mataji Nirmala Devi, which constitute "Vishwa Nirmala Dharma" (Universal Pure Religion) - the synthesis and integration of the world's major religions. The charity promotes the idea and practice of "Sahaja Dharma" as a model for a tolerant and spiritually-centred way of life. The charity seeks to advance education throughout the world and fosters the understanding and practice of music, arts and crafts from different cultures. 

## **Significant Activities** 

It has always been one of the charity's core activities to provide regular free classes in Sahaja Yoga techniques and the teachings of Shri Mataji Nirmala Devi. The classes are usually offered to the general public in community premises, across London and throughout the UK, and hosted by established practitioners of Sahaja Yoga (acting as unpaid volunteers). Online classes are provided (originally developed during Covid-19 restrictions), including a 21-day Meditation Program and latterly a number of regular international sessions, but it is recognised that physical "local" meetings remain the important means of communicating Sahaja Yoga knowledge and techniques. The charity continues to develop and refine its online methods to advertise Sahaja Yoga meetings and to establish and maintain contact with people interested in Sahaja Yoga. The charity’s 10-week course, now being offered in over twenty locations, has been particularly successful, assisted by a specially-developed programme of advertising. 

The charity continues its programme of regular and repeat attendance at exhibitions and festivals. Organisers of these events have for many years welcomed the charity's participation, providing as it does the beneficial effects of Sahaja Yoga meditation for their show visitors, and continue to give the charity favourable terms. In particular the London Ideal Home Show (April 2026) was, as in previous years, one of the charity's more successful public-facing events. Each year the charity offers several special One-Day Retreats at its National Centre at Bloxham Barn Farm to enable newcomers to deepen their experience of Sahaj Yoga. The public events run by the charity at mainline railway stations in London and other cities have continued, with more stations becoming involved, and are generating considerable interest amongst rail users. In 2025 the charity organised a three-week tour of Jamaica. 

The charity has secured, for the thirteenth consecutive year, a "Google Adwords" grant for publicising the charity's meditation meetings. The value of the grant is $120,000. 

The charity continues to make improvements to its Bloxham Barn Farm property, and a significant active contribution by the charity's volunteers helps to save costs. Major works are funded by donations designated for the purpose, to minimise financial impact on the charity's other activities. 

The charity's property in Cantalupo Ligure, Italy, acquired in June 2014, is now leased to Casa Madre Impresa Sociale Srl Ets (part of Fondazione Mondiale Shri Mataji Nirmala Devi Sahaja Yoga based in Cabella Ligure, Italy), who have assumed responsibility for all property expenditures for compliance with Italian national and regional requirements. Under the management of Casa Madre, use of the property continues to fulfil the aims and objectives of the charity, to an even greater degree than previously. Having taken all necessary legal advice, both in UK and in Italy, the charity decided to gift the property to the Italian Foundation, and this process of transferring ownership is now in its final stages. 

In October 2025 the charity purchased a property in Ireland which will be a centre for the charity's activities in that country. The "Centre in Ireland" restricted funds were used which had been donated specifically for that purpose. 

The charity has continued to provide funds for international education projects run by sister organisations in Italy and the Czech Republic. As in previous years, financial and volunteer support has been provided to carefully selected international projects devoted to spreading Sahaja Yoga in various parts of the world. The charity continues to take the necessary steps to fulfil its obligations under the General Data Protection Regulation. 

Page 1 



**Life Eternal Trust (UK) Trustees' Report (continued) For The Year Ended 31 July 2025** 

## **Achievements and Performance** 

## **Main Achievements** 

## **Charitable activities** 

Voluntary donation income from Sahaja Yoga practitioners, much of it as regular monthly standing orders, is used to provide the equipment and facilities necessary for Sahaja Yoga meetings and functions in the UK, and to give financial support to international activities as noted elsewhere in this report. 

## **Charitable purposes and public benefit** 

The directors of Life Eternal Trust (UK) Ltd have considered the requirements of the Charity Commission in relation to charitable purposes and public benefit, and are fully satisfied that the charity meets those requirements. 

## **Additional Note** 

## **Volunteers** 

The charity relies solely on volunteers for its administration and its charitable work and has no paid employees. 

## **Financial Review** 

## **Financial Position** 

## **Principal Funding Sources** 

It is a key tenet of the charity that the knowledge and experience of Sahaja Yoga is always provided completely free of charge. Activities are financed by voluntary donations from Sahaja Yoga practitioners as the charity does not raise donations from the general public. 

## **Reserves Policy** 

At 31 July 2025 reserves totalled £2,816,299  (2024 - £2,354,837) of which £1,049,395 is restricted. Unrestricted reserves of £1,766,904 are to be used in line with the aims of the charity as set down in the trust deed. 

## **Additional Note** 

## **Review of the year** 

Total incoming resources for the year amounted to £746,509 (2024 - £339,265). During the year, direct charitable expenditure was £285,047 (2024 - £294,105). 

Net incoming resources for the year amounted to £461,462 (2024 - £45,160). There is an accumulated balance on unrestricted funds of £1,766,904 as at 31 July 2025 (2024 - £1,588,330) and restricted funds totalled £1,049,395 (2024 - £766,507). 

## **Future plans** 

The charity continues to have two main areas of focus. It will continue to spread the knowledge of Sahaja Yoga meditation, promoting spiritual health and wellbeing for all, through public meetings and events. Alongside this, the charity will continue to provide the means for Sahaja Yoga practitioners to deepen their spiritual development through participation in cultural activities. 

## **Structure, Governance and Management** 

Page 2 



## **Life Eternal Trust (UK) Trustees' Report (continued) For The Year Ended 31 July 2025** 

## **Governing Document** 

The charity is administered under a trust deed dated 28 May 1985 as amended by further deeds dated 18 May 2000 and 29 February 2008. Life Eternal Trust (UK) is registered with the Charity Commission for England and Wales, number 292011. 

## **Recruitment and appointment of new trustees** 

The directors of Life Eternal Trust (UK) Limited bring their own personal and professional skills to bear when acting as trustees of the charity. They identify the mix of skills, knowledge and experience necessary for the efficient and effective operation of the charity and ensure that all needs are met, calling on external professional help as appropriate. 

## **Organisational structure** 

During the financial year reported on herein the directors of Life Eternal Trust (UK) Ltd were responsible for setting strategies and policies for the charity and for ensuring that these are implemented. The directors meet on a regular basis to review the work of the charity and to deal with its detailed financial and administrative affairs. The directors of Life Eternal Trust (UK) Ltd have appointed a number of working groups to deal with the various areas of the charity's activity such as publicity, education, social affairs, property, finance.  Each working group includes at least one director of the trustee company. 

## **Trustee Selection Methods** 

## **Induction and training of trustees** 

Directors of the trustee company who have held office for many years take care to share the knowledge they have acquired. Advice from the charity's advisers is fully reported to all trustee company directors, in particular the risk assessment procedures recommended by the charity's insurance broker. The trustee directors recognise the need to assess whether any training might be required in order to improve the way they manage the charity. 

## **Additional Note** 

## **Wider network** 

The charity cooperates with organisations in other countries having the same aims and objectives. In particular, the charity supports the Shri Mataji Nirmala Devi Sahaja Yoga World Foundation based in Cabella Ligure, Italy, and Nirmal Intellectual Property Corporation in the USA which is responsible for the preservation and distribution of the recorded teachings of Shri Mataji Nirmala Devi. 

## **Reference and Administrative Details** 

## **Trustees** 

Ms Alison Bauzys Mr Prasad Beaven Ms Sheng-Chia Chung Mr John Glover Mr Geoffrey Godfrey Ms Victoria Halperin Mr Raymond Harris Mr Seamus Patrick Harten (appointed 24/07/2025) Mr Stephen Martin Ms Philippa Newman Mr Qasim Rashid Dr Zafar Rashid Dr Sarah Setchell 

## **Charity Number** 

292011 

Page 3 



**Life Eternal Trust (UK) Trustees' Report (continued) For The Year Ended 31 July 2025** 

## **Independent Examiner** 

Natasha Cassidy Peter Upton Peter Upton Limited Bridge House, 2 Bridge Avenue Maidenhead SL6 1RR 

## **Principal address** 

14 Essex Road Enfield EN2 6TZ 

## **Bankers** 

National Westminster Bank Plc PO Box 3AW 104 Tottenham Court Road London W1A 3AW 

## **Solicitors** 

Blandy & Blandy LLP 1 Friar Street Reading RG1 1DA 

Page 4 



## **Life Eternal Trust (UK) Trustees' Report (continued) For The Year Ended 31 July 2025** 

## **Statement of Trustees' Responsibilities** 

The directors of the trustee company present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

Life Eternal Trust (UK) - LET(UK) - began operating in 1985. The charity's activities involve the dissemination of knowledge promoting spiritual health and wellbeing, and in particular the techniques of Sahaja Yoga meditation and the teachings of Shri Mataji Nirmala Devi. 

Life Eternal Trust (UK) Limited, a company limited by guarantee, registered in England and Wales company number 06534285, is the sole trustee of LET (UK). The Directors of the company are listed above and the Company Secretary is Alison Bauzys. 

The trustees' report was approved by the board of trustees and signed on its behalf by: 

Ms Alison Bauzys Trustee Date 

Page 5 



## **Life Eternal Trust (UK) Independent Examiner's Report to the Trustees of Life Eternal Trust (UK) For The Year Ended 31 July 2025** 

I report to the trustees on my examination of the accounts of Life Eternal Trust (UK) (the Trust) for the year ended 31 July 2025. 

## **Responsibilities and Basis of Report** 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent Examiner's Statement** 

Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants , which is one of the listed bodies. 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Natasha Cassidy Date Peter Upton Limited Bridge House, 2 Bridge Avenue Maidenhead SL6 1RR 

Page 6 



## **Life Eternal Trust (UK) Statement of Financial Activities For The Year Ended 31 July 2025** 

|**Notes**<br>**INCOME AND ENDOWMENTS FROM:**<br>Donations and legacies<br>**4**<br>Investments<br>**5**<br>Other<br>**6**<br>**EXPENDITURE ON:**<br>Raising funds<br>**8**<br>**NET INCOME**<br>**NET MOVEMENT IN FUNDS**<br>**RECONCILIATION OF FUNDS:**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**<br>**17**|**Unrestricted**<br>**funds**<br>**£**<br>377,564<br>4,532<br>114,136|**Restricted**<br>**funds**<br>**£**<br>249,951<br>326<br>-|**2025**<br>**Total**<br>**funds**<br>**£**<br>627,515<br>4,858<br>114,136|**2024**<br>**Total**<br>**funds**<br>**£**<br>285,905<br>2,623<br>50,737|
|---|---|---|---|---|
||496,232|250,277|746,509|339,265|
||(285,047)|-|(285,047)|(294,105)|
||211,185|250,277|461,462|45,160|
||211,185<br>1,926,851|250,277<br>427,986|461,462<br>2,354,837|45,160<br>2,309,677|
||2,138,036|678,263|2,816,299|2,354,837|



The notes on pages 10 to 15 form part of these financial statements. 

Page 7 



## **Life Eternal Trust (UK) Comparative Statement of Financial Activities For The Year Ended 31 July 2025** 

|**Notes**<br>**INCOME AND ENDOWMENTS FROM:**<br>Donations and legacies<br>**4**<br>Investments<br>**5**<br>Other<br>**6**<br>**EXPENDITURE ON:**<br>Raising funds<br>**8**<br>**NET INCOME**<br>**NET MOVEMENT IN FUNDS**<br>**RECONCILIATION OF FUNDS:**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**<br>**17**|**Unrestricted**<br>**funds**<br>**£**<br>285,905<br>2,357<br>50,737|**Restricted**<br>**funds**<br>**£**<br>-<br>266<br>-|**2024**<br>**Total**<br>**funds**<br>**£**<br>285,905<br>2,623<br>50,737|
|---|---|---|---|
||338,999|266|339,265|
||(294,105)|-|(294,105)|
||44,894|266|45,160|
||44,894<br>1,881,957|266<br>427,720|45,160<br>2,309,677|
||1,926,851|427,986|2,354,837|



The notes on pages 10 to 15 form part of these financial statements. 

Page 8 



## **Life Eternal Trust (UK) Statement of Financial Position As At 31 July 2025** 

|**Notes**<br>**FIXED ASSETS**<br>Tangible Assets<br>**12**<br>**CURRENT ASSETS**<br>Debtors<br>**13**<br>Cash at bank and in hand<br>**Creditors: Amounts Falling Due Within One Year**<br>**14**<br>**NET CURRENT ASSETS (LIABILITIES)**<br>**TOTAL ASSETS LESS CURRENT LIABILITIES**<br>**Creditors: Amounts Falling Due After More Than One**<br>**Year**<br>**15**<br>**NET ASSETS**<br>**FUNDS OF THE CHARITY**<br>Restricted Funds<br>Unrestricted Funds<br>**TOTAL FUNDS**<br>**17**|**Unrestricted**<br>**funds**<br>**£**<br>2,425,371|**Restricted**<br>**funds**<br>**£**<br>398,410|**2025**<br>**Total**<br>**funds**<br>**£**<br>2,823,781|**2024**<br>**Total**<br>**funds**<br>**£**<br>2,535,348|
|---|---|---|---|---|
||2,425,371<br>110,065<br>223,431|398,410<br>-<br>249,951|2,823,781<br>110,065<br>473,382|2,535,348<br>58,511<br>174,445|
||333,496<br>(360,160)|249,951<br>29,902|583,447<br>(330,258)|232,956<br>(97,607)|
||(26,664)|279,853|253,189|135,349|
||2,398,707|678,263|3,076,970|2,670,697|
||(260,671)|-|(260,671)|(315,860)|
||2,138,036|678,263|2,816,299|2,354,837|
||||678,263<br>2,138,036|427,986<br>1,926,851|
||||2,816,299|2,354,837|



On behalf of the board 

Dr Sarah Setchell Trustee Date 

The notes on pages 10 to 15 form part of these financial statements. 

Page 9 



## **Life Eternal Trust (UK) Notes to the Financial Statements For The Year Ended 31 July 2025** 

## 1. **General Information** 

Life Eternal Trust (UK) is an unincorporated charity registered with the Charity Commission, registered charity number 292011. The principal address is . 

## 2. **Statement of Compliance** 

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. 

## 3. **Accounting Policies** 

## 3.1. **Basis of Preparation of Financial Statements** 

The financial statements have been prepared under the historical cost convention. 

The charity is a Public Benefit Entity as defined by FRS 102. 

## 3.2. **Incoming Resources** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is possible that the income will be received and the amount can be measured reliably 

## 3.3. **Resources Expended** 

Liabilities are recognised as expenditure as soon as there ia a legal or constructive obligaion committing the charity to that expenditure, it is possible that a transfer of economics benefits will be reaquired in settlement and the amount of the obligation can be measured reliably.  Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.  Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources. 

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. 

## 3.4. **Tangible Fixed Assets and Depreciation** 

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: 

## Fixtures & Fittings 

## 25% on cost 

Freehold buildings are not depreciated as the directors believe that the estimated residual value is not materially different to the carrying value of he buildings.  The directors claim exemption under the SORP from the requirement that these assets are subject to an annual impairment review, but will carry out such a review when there is some indication that the recoverable amount of the asset falls below its net book value.  Land is not depreciated. 

## 3.5. **Cash and Cash Equivalents** 

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at 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. 

## 3.6. **Foreign Currencies** 

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating surplus. 

Page 10 



## **Life Eternal Trust (UK) Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** 

## 4. **Income from Donations and Legacies** 

|.<br>**Income from Donations and Legacies**||||
|---|---|---|---|
|Donations and gifts:<br>Donations and gifts<br>Donations and gifts:<br>Donations and gifts|**Unrestricted**<br>**funds**<br>**£**<br>377,564|**Restricted**<br>**funds**<br>**£**<br>249,951|**2025**<br>**Total**<br>**funds**<br>**£**<br>627,515|
||**Unrestricted**<br>**funds**<br>**£**<br>285,905|**Restricted**<br>**funds**<br>**£**<br>-|**2024**<br>**Total**<br>**funds**<br>**£**<br>285,905|



The following donations and legacies are included within the total income from donations and legacies above: 

## 5. **Investment Income** 

|.<br>**Investment Income**||||
|---|---|---|---|
|Bank interest receivable<br>Bank interest receivable<br>.<br>**Other Income**<br>Tax reclaimed from HMRC under Gift Aid<br>Other income<br>.<br>**Net Income/(Expenditure)**<br>he net income is stated after charging/(crediting):<br>Depreciation of tangible fixed assets - owned|**Unrestricted**<br>**funds**<br>**£**<br>4,532|**Restricted**<br>**funds**<br>**£**<br>326|**2025**<br>**Total**<br>**funds**<br>**£**<br>4,858|
||**Unrestricted**<br>**funds**<br>**£**<br>2,357|**Restricted**<br>**funds**<br>**£**<br>266|**2024**<br>**Total**<br>**funds**<br>**£**<br>2,623|
|||**2025**<br>**Unrestricted**<br>**funds**<br>**£**<br>94,513<br>19,623|**2024**<br>**Unrestricted**<br>**funds**<br>**£**<br>50,737<br>-|
|||114,136|50,737|
|||**2025**<br>**£**<br>16,659|**2024**<br>**£**<br>16,429|



## 6. **Other Income** 

## 7. **Net Income/(Expenditure)** 

The net income is stated after charging/(crediting): 

Page 11 



## **Life Eternal Trust (UK) Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** 

## 8. **Analysis of Expenditure** 

|8.<br>**Analysis of Expenditure**|||||
|---|---|---|---|---|
|Raising funds<br>Raising funds<br>9.<br>**Support Costs**<br>Premises expenses<br>General administration<br>Interest payable<br>Premises expenses<br>General administration<br>Interest payable<br>10.<br>**Independent Examiner's Remuneration**<br>Independent examination of the financial statements<br>11.<br>**Average Number of Employees**<br>Average number of employees during the year was: NIL (2024: NIL)|**Activities**<br>**undertaken**<br>**directly**<br>**£**<br>138,301||**Support**<br>**costs**<br>(see note 9)<br>**£**<br>146,746|**2025**<br>**Total**<br>**£**<br>285,047|
||**Activities**<br>**undertaken**<br>**directly**<br>**£**<br>173,810||**Support**<br>**costs**<br>(see note 9)<br>**£**<br>120,295|**2024**<br>**Total**<br>**£**<br>294,105|
||||**2025**<br>**£**<br>1,940|**2025**<br>**Raising**<br>**funds**<br>**£**<br>43,094<br>76,314<br>27,338|
|||||146,746|
|||||**2024**<br>**Raising**<br>**funds**<br>**£**<br>17,100<br>69,784<br>33,411|
|||||120,295|
|||||**2024**<br>**£**<br>1,900|
||||||



Page 12 



**Life Eternal Trust (UK) Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** 

## 12. **Tangible Assets** 

|**Cost**<br>As at 1 August 2024<br>Additions<br>Disposals<br>As at 31 July 2025<br>**Depreciation**<br>As at 1 August 2024<br>Provided during the period<br>Disposals<br>As at 31 July 2025<br>**Net Book Value**<br>As at 31 July 2025<br>As at 1 August 2024<br>13.<br>**Debtors**<br>**Due within one year**<br>Prepayments and accrued income<br>Other debtors<br>14.<br>**Creditors: Amounts Falling Due Within One Year**<br>Trade creditors<br>Bank loans and overdrafts<br>Other creditors<br>Accruals<br>15.<br>**Creditors: Amounts Falling Due After More Than One Year**<br>Bank loans<br>Other creditors|**Land &**<br>**Property**<br>**Freehold**<br>**£**<br>2,692,653<br>303,660<br>-|**Land &**<br>**Property**<br>**Freehold**<br>**£**<br>2,692,653<br>303,660<br>-|**Fixtures &**<br>**Fittings**<br>**£**<br>89,559<br>1,432<br>(1,065)|**Total**<br>**£**<br>2,782,212<br>305,092<br>(1,065)|
|---|---|---|---|---|
||2,996,313||89,926|3,086,239|
||214,000<br>-<br>-||32,864<br>16,659<br>(1,065)|246,864<br>16,659<br>(1,065)|
||214,000||48,458|262,458|
||2,782,313||41,468|2,823,781|
||2,478,653||56,695|2,535,348|
||||**2025**<br>**£**<br>14,788<br>95,277<br>110,065<br>**2025**<br>**£**<br>263,258<br>33,000<br>14,554<br>19,446<br>330,258<br>**2025**<br>**£**<br>260,671<br>-<br>260,671|**2024**<br>**£**<br>13,319<br>45,192|
|||||58,511|
|||||**2024**<br>**£**<br>9,565<br>28,000<br>17,827<br>42,215|
|||||97,607|
|||||**2024**<br>**£**<br>285,860<br>30,000|
|||||315,860|



Page 13 



## **Life Eternal Trust (UK) Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** 

## 16. **Loans** 

An analysis of the maturity of loans is given below: 

|Amounts falling due within one year or on demand:<br>Bank loans<br>Amounts falling due between one and five years:<br>Bank loans|**2025**<br>**£**<br>33,000<br>**2025**<br>**£**<br>260,671|**2024**<br>**£**<br>28,000|
|---|---|---|
|||**2024**<br>**£**<br>285,860|



## 17. **Movement in Funds** 

|**Unrestricted funds**<br>General:<br>General unrestricted fund<br>Designated:<br>London Centre<br>Farm Mortgage Initiative<br>Farm Improvements Project<br>**Total unrestricted funds**<br>**Restricted funds**<br>Itialian Centre<br>Centre in Ireland<br>**Total restricted funds**<br>**Total funds**<br>**As at 1**<br>**August 2023**<br>**£**<br>**Unrestricted funds**<br>General:<br>General unrestricted fund<br>1,296,112<br>Designated:|**As at 1**<br>**August 2024**<br>**£**<br>1,588,330<br>29,536<br>230,000<br>78,985|**Income**<br>**£**<br>463,621<br>-<br>-<br>32,611|**Expenditure**<br>**£**<br>(285,047)<br>-<br>-<br>-|**As at 31 July**<br>**2025**<br>**£**<br>1,766,904<br>29,536<br>230,000<br>111,596|
|---|---|---|---|---|
||338,521|32,611|-|371,132|
||1,926,851|496,232|(285,047)|2,138,036|
||427,986<br>-|326<br>249,951|-<br>-|428,312<br>249,951|
||427,986|250,277|-|678,263|
||||||
||2,354,837|746,509|(285,047)|2,816,299|
||**Income**<br>**£**<br>322,234|**Expenditure**<br>**£**<br>(294,105)|**Transfers**<br>**£**<br>264,089|**As at 31 July**<br>**2024**<br>**£**<br>1,588,330<br>...CONTINUED|



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## **Life Eternal Trust (UK) Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** 

|London Centre<br>Farm Mortgage Initiative<br>Farm Improvements Project<br>**Total unrestricted funds**<br>**Restricted funds**<br>Itialian Centre<br>**Total funds**|-<br>523,625<br>62,220|-<br>-<br>16,765|-<br>-<br>-|29,536<br>(293,625)<br>-|29,536<br>230,000<br>78,985|
|---|---|---|---|---|---|
||585,845|16,765|-|(264,089)|338,521|
||1,881,957|338,999|(294,105)|-|1,926,851|
||427,720|266|-|-|427,986|
||2,309,677|339,265|(294,105)|-|2,354,837|



## 18. **Transactions with Trustees** 

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year. 

No trustee expenses have been incurred. 

## 19. **Related Party Disclosures** 

There have been no related party transactions in the reporting period that require disclosure. 

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