## **Okido Natural Health Education Trust CIO**
## **Charity registration number: 326669**
## **Trustees’ Annual Report**
## **for the period from 1 September 2023 to 31 August 2024**
## **Objectives and Activities**
||SORP
reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The main objects of the CIO, as set out in its
constitution, are to relieve and prevent the onset of
physical and mental illness, handicaps and
disablement by disseminating knowledge of, and
encouraging the use of, healing techniques developed
by, Dr Masahiro Oki.|
|Summary of the main activities
in relation to those purposes
for the public benefit, in
particular, the activities,
projects or services identified
inthe accounts.|Para 1.17
and 1.19|In furtherance these objects, the CIO conducts
workshops and shares educational resources through
its website and printed publications.|
|Statement confirming whether
the trustees have had regard
to the guidance issued by the
Charity Commission on public
benefit|Para 1.18|The trustees have had regard to the Charity
Commission’s guidance on public benefit when
planning and running workshops and other activities
to ensure that these are accessible to all.|
## **Achievements and Performance**
||SORP
reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.|Para 1.20|The CIO organised two in-depth workshops, one in
November and another in June. The June workshop
featured a comprehensive full-day program and was
met with enthusiastic participation, achieving full
attendance. In addition to the workshops, the CIO
maintained its commitment to education by
continuing to offer a variety of resources on its
website. Significant progress was made in the
translation of one of Masahiro Oki’s books,_A Gateway_
_to Daily Life Yoga,_from Japanese to English. This
endeavour involved hundreds of volunteer hours
dedicated to translation and associated publication
tasks.
The CIO gratefully acknowledges the invaluable
contributions of its volunteers. In particular, Tomoko
Mori is recognised for her teaching in the autumn|
Page: TAR1
workshop 2023 and in the mini-retreat held in June 2024; Tomoko Mori, Junko Furugori and Hiroyuki Mori for long hours of translation; Hiroyuki Mori for photography; Tomoko Mori for her work on layout; Kevin Doyle and Ayako Mori for their meticulous proofreading.
## **Financial Review**
|Review of the charity’s
financial position at the end of
the period|Para 1.21|Income for the year was £1,597 (2022-23: £701) and
after meeting running costs there was a surplus for
the year of £499 (2022-23: £210). The trustees
maintain a policy of holding unrestricted reserves in
the general funds to ensure that sufficient resources
are available to meet unexpected operational costs
and regulatory requirements. As at 31 August 2024,
this equated to £17,322 (2022-23: £16,823) out of
total funds of £18,512 (2022-23: £18,013). The
trustees are holding the remaining reserves with a
view to funding any further initiatives to extend the
reach of Okido Yoga in the UK.
The trustees plan to continue to deliver Okido Yoga
education through in-depth holistic workshops, by
translating works of Masahiro Oki and making them
accessible to a broader audience, and by providing
ongoing support to Okido Yoga teachers.|
|---|---|---|
|Statement explaining the
policy for holding reserves
statingwhy they areheld|Para 1.22||
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22|Not applicable|
|Details of fund materially in
deficit|Para 1.24|Not applicable|
|Explanation of any
uncertainties about the charity
continuing as a going concern|Para 1.23|Not applicable|
## **Structure, Governance and Management**
|Description of charity’s trusts:|||
|---|---|---|
|Type of governing document|Para 1.25|Constitution|
|How is the charity constituted?|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to
appoint one or more trustees|Para 1.25|The trustees are interviewed and selected by other
trustees. They are representative of the community
in which the CIO delivers its services. All trustees go
through an induction process which includes a review
of the CIO’s policies and procedures.|
Page: TAR2
## **Reference and Administrative details**
Registered charity number 326669 Charity’s principal address 196 Great Elms Road, Hemel Hempstead, England, HP3 9UJ
## **Names of the charity trustees who manage the charity**
||**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**|
|---|---|---|---|---|
|1|Kiran Patel||||
|2|Kevin Doyle||||
|3|Tomoko Mori||||
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg**
**Secretary, Chair, etc)**
**Date**|||
|---|---|---|
||
Kiran Patel||
||
Trustee||
||4 March 2025||
Page: TAR3
**Okido Natural Health Education Trust CIO Charity No: 326669 Annual Accounts for the period of 1 September 2023 to 31 August 2024**
## **Statement of Financial Activities**
||||**2024**||**2023**|
|---|---|---|---|---|---|
||**note**|**£**|**£**|**£**|**£**|
|**Income**||||||
|Donations and gifts|||-||76|
|Courses, Seminars and Workshops|||857||433|
|Sales of publications and equipment|3||354||43|
|Bank interest|||386||149|
|**Total income**|||**1,597**||**701**|
|**Expenditure**||||||
|_Direct activity costs_||||||
|Workshop costs||(979)||(291)||
|Insurance||(63)||(134)||
|_(Total of Direct activity costs)_||**(1,042)**||**(425)**||
|_Support and governance costs_|4|||||
|Governance costs||(35)||(48)||
|Office running costs||(21)||(18)||
|_(Total of Support and governance costs)_||**(56)**||**(66)**||
|**Total expenditure**|||**(1,098)**||**(491)**|
|**Net income/(expenditure)**|||**499**||**210**|
|**Reconciliation of funds**||||||
|Funds at beginning of the year|||18,013||17,803|
|**Funds at end of the year**|||**18.512**||**18,013**|
The notes on pages AA3 – AA5 form part of these accounts.
All operations are classed as continuing. All recognised gains and losses are shown above. Movement on reserves is shown above.
All the income is unrestricted.
Page: AA1
**Okido Natural Health Education Trust CIO**
**Charity No: 326669**
**Annual Accounts for the period of 1 September 2023 to 31 August 2024**
## **Balance Sheet**
|**Balance Sheet**||||
|---|---|---|---|
|||**2024**|**2023**|
||**Notes**|**£**|**£**|
|**Current Assets**||||
|Stocks|5|458|609|
|Debtors and Prepayments|6|252|99|
|Bank and Cash Balance||17,802|17,305|
|**(Total current assets)**||**18,512**|**18,013**|
|**Funds**||||
|Unrestricted funds||||
|Designated Funds|7|1,190|1,190|
|General Funds||17,322|16,823|
|**(Total funds)**||**18,512**|**18,013**|
The notes on pages AA3 – AA5 form part of these accounts.
The trustees approved these accounts on 4 March 2025.
## K Patel
On behalf of all the trustees
Page: AA2
**Okido Natural Health Education Trust CIO Annual Accounts for the period of 1 September 2023 to 31 August 2024**
**Charity No: 326669**
## **Notes**
## **1. Basis of preparation**
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
## **1.2 Going concern**
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
## **2. Accounting policies**
## **2.1 INCOME**
## **Recognition of income**
Income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably. Income relating to future periods is deferred.
## **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
## **Donated goods**
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
## **Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
## **Income from interest**
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
## **2.2 EXPENDITURE**
## **Expenditure recognition**
Expenditure is recognised when a liability is incurred. Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Page: AA3
**Okido Natural Health Education Trust CIO Annual Accounts for the period of 1 September 2023 to 31 August 2024**
**Charity No: 326669**
## **Governance and support costs**
The charity has incurred expenditure on support costs. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
## **2.3 ASSETS**
## **Stocks**
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
## **Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## **2.4 TAXATION**
As all income is received from and applied to charitable purposes the charity is exempt from corporation tax.
## **3. Income denominated in foreign currency**
'Sales of publications and equipment' include £74, which was gained in JPY 14,504, at a yoga workshop in Japan (September 2023) by selling books and yoga equipment to the seminar students. Then it was converted at a Japanese airport’s bureau de change at rate £1= JPY 195.9552.
## **4. Apportionment of Support Costs**
Costs to use information technology is apportioned between the expenses on the workshop costs (75%) and the office running costs (25%).
## **5. Stocks**
|**Charitable activities:**
**Opening**
**Added in period**
**Expensed in period**
**Closing**
**Total this year**
**Total previous year**|**Sale of**
**stocked**
**books £**|**Sale of stocked goods that**
**the beneficiaries provided**
**inpreviousyears £**|
|---|---|---|
||573|36|
||-|-|
||(115)|(36)|
||**458**|**0**|
||458|0|
||573|36|
Page: AA4
**Okido Natural Health Education Trust CIO**
**Charity No: 326669**
**Annual Accounts for the period of 1 September 2023 to 31 August 2024**
## **6. Debtors and Prepayments**
|**d Prepayments**|||
|---|---|---|
||**2024**|**2023**|
||**£**|**£**|
|Prepayments|252|99|
|**Total**|**252**|**99**|
|Debtors recoverable in more than 1 year|**2024**|**2023**|
|(included in Prepayments above)|**£**|**£**|
||2|21|
|**Total**|**2**|**21**|
## **7. Designated Fund**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|At 1 September 2023|1,190|1,190|
|Transfer from general funds|-|-|
|Expenditure|-|-|
|**At 31 August 2024**|**1,190**|**1,190**|
The purpose of this fund is to provide grants for students to attend training workshops at the Stichting Okido Yoga Dojo, Netherlands.
## **8. Transactions with trustees and related parties**
## **8.1 Trustee remuneration and benefits**
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity. (2023: nil)
## **9.2 Trustees' expenses**
Travel expenses of £18 have been reimbursed to 1 trustee. (2023: 1)
## **9.3 Transaction(s) with related parties**
There have been no related party transactions in the reporting period. (2022: nil)
Page: AA5