Finance Score: -3

Governance Score: 5

Support Score: 0

Excess liquidity: -1
Multiple Deficits and declines: -5
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Mainly female board: -1

No supporters identified

Overall GiG Score: 2

THE BRITISH WHEEL OF YOGA LIMITED

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.

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
One or more trustees receive payments or benefits from the charity for providing services to the charity
The Board is predominantly female
Over half the Board have joined recently

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income
Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/10/22	£686	£834	£-147	£0	£1,133	£1,133	16.3	12	135
31/10/21	£678	£758	£-80	£0	£1,376	£1,073	17	15	150
31/10/20	£719	£589	£130	£0	£1,436	£1,154	23.5	9	165
31/10/19	£882	£694	£188	£0	£1,327	£1,054	18.2	9	140
31/10/18	£876	£809	£66	£0	£1,137	£870	12.9	11	157
31/10/17	£919	£880	£39	£0	£1,075	£830	11.3	6	0
31/10/16	£810	£774	£36	£1	£1,030	£802	12.4	7	0
31/10/15	£894	£795	£99	£44	£990	£771	11.6	7	0
31/10/14	£932	£843	£89	£50	£890	£694	9.9	7	0
31/10/13	£824	£855	£-31	£56	£801	£620	8.7	8	0
31/10/12	£591	£1,025	£-434	£102	£696	£527	6.2	8	0
31/10/11	£2,152	£1,127	£1,025	£142	£1,201	£1,040	11.1	8	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 23%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 23%
Liabilities/Income: 50%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 16.3 months
Net Current Assets/Spending: 14 months
Quick Ratio: 3.9

Asset Split ?

Established: 14 years

www.bwy.org.uk

office@bwy.org.uk

01529306851

Charity Commission for England and Wales

Tweets

Listed activities

Amateur Sport
Education/Training
The Advancement Of Health Or Saving Of Lives

GiG Classification

Sports activities

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Scotland,

Who it helps

The General Public/Mankind

Who works here?

12 employees
135 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 48-72

DIANA CATHERINE O'REILLY Appointed: 2022, Occupation: Yoga Teacher

JANET LONG Appointed: 2022, Occupation: Yoga Teacher

KEITH HART Appointed: 2022, Occupation: Librarian

PAULINE ANNE FLEMING Appointed: 2023, Occupation: Yoga Teacher

TRACY ELISABETH HARRIS Appointed: 2022, Occupation: Yoga Teacher

ALEXANDRA CLARE YATES Appointed: 2023, Occupation: Yoga Teacher, Other trusteeship: CAT ACTION TRUST 1977,

MICHELE JEAN MISGALLA Appointed: 2022, Occupation: Yoga Teacher, Other trusteeship: BRITISH WHEEL OF YOGA QUALIFICATIONS,

Legal constitution

Charitable company registered in England & Wales on 30/06/2010, number: 1136674
Registered at Companies House on 25/09/2009, number: 07030679

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

12 returns made; all on time

Main office

BRITISH WHEEL OF YOGA
25 JERMYN STREET
SLEAFORD
NG34 7RU

Objectives

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.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL.

Data Sources