THE BRITISH WHEEL OF YOGA LIMITED

Charity number: 1136674
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The BWY is a membership based yoga organisation and organised into twelve regions. At the 31 October 2015 there were over 7200 subscribing members. BWY develops and delivers a portfolio of courses for class based and distance learning students. The BWY accredits 9 other yoga teacher training organisations and 3 Approved Yoga Centres.

Income and expenditure

Data for financial year ending 31 October 2023

Total income:
£650,282

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Donations and legacies £437.72k
Charitable activities £193.41k
Other trading activities £924
Investments £18.24k
Other £0

Total expenditure:
£795,921

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Raising funds £11
Charitable activities £795.91k
Other £0

-£1,133 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £11
Charitable expenditure £795.91k

People

11 Employee(s)

4 Trustee(s)

130 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Amateur Sport
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Scotland

Governance

Registration history:
  • 30 June 2010: Standard registration
  • 21 September 2012: Funds received from 264993 THE BRITISH WHEEL OF YOGA
Organisation type:
Charitable company
Other names:
  • BWY (Working name)
Company number:
07030679 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Alexandra Clare Yates Trustee 16 October 2023
CAT ACTION TRUST 1977
Received: On time
Keith Hart Trustee 17 February 2022
None on record
Janet Long Trustee 17 February 2022
None on record
Diana Catherine O'Reilly Trustee 10 February 2022
None on record

Financial history

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Financial period end date

Income / Expenditure 31/10/2019 31/10/2020 31/10/2021 31/10/2022 31/10/2023
Total gross income £881.80k £718.77k £677.91k £686.37k £650.28k
Total expenditure £693.94k £589.14k £758.31k £833.60k £795.92k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £477.68k £503.27k £452.47k £450.54k £437.72k
Income - Other trading activities £3.46k £3.24k £1.21k £771 £924
Income - Charitable activities £386.59k £205.17k £212.00k £223.52k £193.41k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £14.07k £7.09k £12.22k £11.53k £18.24k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £2.09k £110.00k £45.08k
Expenditure - Charitable activities £693.81k £589.14k £758.30k £833.50k £795.91k
Expenditure - Raising funds £126 £0 £16 £99 £11
Expenditure - Governance £0 £48.96k £104.11k £55.14k £25.77k
Expenditure - Grants institution £0 £2.13k £550 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/10/2019 31/10/2020 31/10/2021 31/10/2022 31/10/2023
Own use assets £84.62k £78.62k £74.06k £69.79k £215.39k
Long-term investments £76.05k £65.22k £86.29k £77.83k £76.70k
Other assets £1.43m £1.48m £1.33m £1.33m £1.02m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £267.18k £186.13k £115.87k £341.55k £179.51k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 October 2023 21 August 2024 On Time
Accounts and TAR 31 October 2023 21 August 2024 On Time Download Open in new window
Annual return 31 October 2022 26 July 2023 On Time
Accounts and TAR 31 October 2022 26 July 2023 On Time Download Open in new window
Annual return 31 October 2021 11 August 2022 On Time
Accounts and TAR 31 October 2021 11 August 2022 On Time Download Open in new window
Annual return 31 October 2020 13 July 2021 On Time
Accounts and TAR 31 October 2020 13 July 2021 On Time Download Open in new window
Annual return 31 October 2019 14 August 2020 On Time
Accounts and TAR 31 October 2019 14 August 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 25/09/2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 06/09/2014 as amended on 24 Jan 2025

Charitable objects

A. TO ENCOURAGE AND HELP MEMBERS OF THE GENERAL PUBLIC TO HAVE A GREATER KNOWLEDGE AND UNDERSTANDING OF ALL ASPECTS OF YOGA AND IT'S PRACTICE BY PROVISION OF STUDY, EDUCATION AND TRAINING. B. TO MAINTAIN AND IMPROVE THE STANDARD OF TEACHING OF YOGA BY ORGANISING TEACHER TRAINING, EDUCATION AND OTHER COURSES IN ALL ASPECTS OF YOGA. C. TO PROMOTE RESEARCH INTO THE METHODS AND EFECTS OF ALL FORMS OF YOGA WITH A VIEW TO UNDERSTANDING THEM MORE FULLY AND INCREASING THEIR EFFICIENCY. D. TO FULFILL IT'S ROLE AND OBLIGATIONS AS THE GOVERNING BODY FOR YOGA.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNDEFINED. IN PRACTICE, NATIONAL.

Contact information

Address:
BRITISH WHEEL OF YOGA
25 JERMYN STREET
SLEAFORD
NG34 7RU
Phone:
01529306851
Email:
office@bwy.org.uk
Website:

www.bwy.org.uk Open in new window