Charity number: 1011216
Company number: 1011216
(England and Wales)
UNITED SIKH ASSOCIATION
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 June 2023
Demo Version
UNITED SIKH ASSOCIATION Contents Page
For the year ended 30 June 2023
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Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Actvites 3
Statement of Financial Positon 4
Notes to the Financial Statements 5 to 8
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Detailed Statement of Financial Actvites 9
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UNITED SIKH ASSOCIATION Report of the Trustees
For the year ended 30 June 2023
There are no trustees in this set of Client Accounts. Either remove the page or add trustees to the accounts.The Trustees, who are also directors for the purposes of company law, have pleasure in presentng their report and the fnancial statements for the charitable company for the year ended 30 June 2023. The Trustees have adopted the provisions of Accountng and Reportng by Charites: Statement of Recommended Practce applicable to charites preparing their accounts in accordance with the Financial Reportng Standard applicable in the UK and the Republic of Ireland (FRS 102) (efectve 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectves and aims
The trustees have considered the Charity Commision's guidance on public beneft, including the guidance 'public beneft: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity UNITED SIKH ASSOCIATION Charity registraton number 1011216 Company registraton number 1011216 Principal address Sikh Community Centre Wellington Avenue Liverpool L15 0EJ Trustees The trustees and ofcers serving during the year and since the year end were as follows: Demo Version Ranjit Singh Gill Hardev Singh Sohal Rajinder Singh Panesar Independent examiners Accountancy Solutons Ofce 5 Mansfeld Business Centre Ashfeld Avenue Mansfeld Notnghamshire NG18 2AE
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 28 March 2024 Ranjit Singh Gill
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UNITED SIKH ASSOCIATION Independent Examiners Report to the Trustees
For the year ended 30 June 2023
I report to the trustees on my examinaton of the accounts of the charitable company for the year ended 30 June 2023.
Responsibilites and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparaton of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satsfed myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinaton, I report in respect of my examinaton of your charity's accounts carried out under secton 145 of the Charites Act 2011 ('the 2011 Act'). In carrying out my examinaton I have followed the Directons given by the Charity Commission under secton 145(5)(b) of the 2011 Act.
Independent examiners statement
I have completed my examinaton. I confrm that no maters have come to my atenton in connecton with the examinaton giving me cause to believe that in any material respect:
-
accountng records were not kept in respect of the Company as required by secton 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the requirements of secton 396 of the 2006 Act other than any requirement that the accounts
give a 'true and fair view' which is not a mater considered as part of an independent examinaton; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practce for accountng and reportng by charites applicable to charites preparing their accounts in accordance with the Financial Reportng Standard applicable in the UK and Republic of Ireland (FRS 102). Demo Version
give a 'true and fair view' which is not a mater considered as part of an independent examinaton; or
- the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practce for accountng and reportng by charites applicable to charites preparing their accounts in accordance with the Financial Reportng Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other maters in connecton with the examinaton to which atenton should be drawn in
this report in order to enable a proper understanding of the accounts to be reached.
Accountancy Solutons
Ofce 5
Mansfeld Business Centre Ashfeld Avenue Mansfeld Notnghamshire NG18 2AE
28 March 2024
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UNITED SIKH ASSOCIATION
Statement of Financial Actvites (including Income and Expenditure Account) For the year ended 30 June 2023
| Notes Income and endowments from: Donatons and legacies 2 Total Expenditure on: Charitable actvites 3/4 Total Net income/expenditure Reconciliaton of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 43,088 43,088 (44,741) (44,741) (1,653) 112,500 110,847 |
2022 £ 43,766 |
|---|---|---|
| 43,766 | ||
| (41,709) | ||
| (41,709) | ||
| 2,057 110,443 |
||
| 112,500 |
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Registered Number :
1011216
UNITED SIKH ASSOCIATION
Statement of Financial Positon
As at 30 June 2023
| Notes | 2023 | 2022 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| Fixed assets | |||||
| Tangible assets 9 |
95,948 | 96,959 | |||
| 95,948 | 96,959 | ||||
| Current assets | |||||
| Cash at bank and in hand | 15,574 | 17,376 | |||
| 15,574 | 17,376 | ||||
| Creditors: amounts falling due within one year 10 |
(675) | (1,835) | |||
| Net current assets | 14,899 | 15,541 | |||
| Total assets less current liabilites | 110,847 | 112,500 | |||
| Net assets | 110,847 | 112,500 | |||
| The funds of the charity | |||||
| Unrestricted income funds 11 |
110,847 | 112,500 | |||
| Demo Versio~~n~~ Total funds 110,847 112,500 For the year ended 30 June 2023 the company was enttled to exempton from audit under secton 477 of the Companies Act 2006 relatng to small companies. - The members have not required the company to obtain an audit of its accounts for the year in queston in accordance with secton |
|||||
| 476, | |||||
| - The trustees acknowledge their responsibilites for complying with the requirements of the |
Act | with respect to accountng records | |||
| and the preparaton of accounts. These accounts have been prepared in accordance with |
the | provisions | applicable |
to | companies |
| subject to the small companies’ regime. |
The fnancial statements were approved and authorised for issue by the Board and signed on its behalf by:
Ranjit Singh Gill Trustee 28 March 2024
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UNITED SIKH ASSOCIATION Notes to the Financial Statements For the year ended 30 June 2023
1. Accountng Policies
Basis of accountng
The fnancial statements have been prepared under the historical cost conventon, except for investments which are included at market value and the revaluaton of certain fxed assets and in accordance with the Charites SORP (FRS 102) ‘Accountng and Reportng by Charites: Statement of Recommended Practce applicable to charites preparing their accounts in accordance with the Financial Reportng Standard applicable in the UK and Republic of Ireland (FRS 102) (efectve 1 January 2019)', Financial Reportng Standard 102 the Financial Reportng Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
UNITED SIKH ASSOCIATION meets the defniton of a public beneft entty under FRS 102. Assets and liabilites are initally recognised at historical cost or transacton value unless otherwise stated in the relevant accountng policy note(s).
2. Income from donatons and legacies
| Demo Vers~~i~~ Unrestricted funds Donatons received 3. Costs of charitable actvites by fund type Unrestricted funds Support costs 4. Costs of charitable actvites by actvity type Actvity 1 5. Analysis of support costs Actvity 1 Governance costs |
~~on~~ 2022 2023 £ £ 43,766 43,088 43,766 43,088 2022 2023 £ £ 41,709 44,741 2022 2023 £ £ 44,741 41,709 2022 2023 £ £ 44,741 41,709 |
|---|---|
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UNITED SIKH ASSOCIATION
Notes to the Financial Statements Contnued
For the year ended 30 June 2023
6. Net income/(expenditure) for the year
This is stated afer charging/(creditng):
Depreciaton of owned fxed assets Accountancy fees Trustees' remuneraton
| 2023 | 2022 |
|---|---|
| £ | £ |
| 1,011 | 1,264 |
| 900 | 450 |
| 19,365 | 14,273 |
7. Staf costs and emoluments
Total staf costs for the year ended 30 June 2023 were:
| Demo Vers~~i~~ alaries and wages asual Employees |
~~on~~ 2023 £ 19,365 19,365 2023 0 0 |
2022 £ 14,273 |
|---|---|---|
| 14,273 | ||
| 2022 5 |
||
| 5 |
Salaries and wages
Casual Employees
8. Comparatve for the Statement of Financial Actvites
The comparatve year values on the Statement of Financial Actvites are for unrestricted funds.
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UNITED SIKH ASSOCIATION Notes to the Financial Statements Contnued
For the year ended 30 June 2023
9. Tangible fxed assets
| Land and | Furniture,ftn | |
|---|---|---|
| Buildings Cost or valuaton |
gs, tools and | Total |
| £ | £ | £ |
| 91,905 At 01 July 2022 |
15,389 | 107,294 |
| At 30 June 2023 91,905 |
15,389 | 107,294 |
| Depreciaton | ||
| - At 01 July 2022 |
10,335 | 10,335 |
| Charge for year - |
1,011 | 1,011 |
| - At 30 June 2023 |
11,346 | 11,346 |
| Net book values | ||
| At 30 June 2023 91,905 |
4,043 | 95,948 |
| At 30 June 2022 91,905 |
5,054 | 96,959 |
| Demo Version 10. Creditors: amounts falling due within one year |
||
| 2023 | 2022 | |
| £ | £ | |
| Trade creditors | 675 | 1,835 |
| 675 | 1,835 |
11. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 01/07/2022 £ 112,500 112,500 Balance at 01/07/2021 £ 110,443 110,443 |
Incoming resources £ 43,088 43,088 Incoming resources £ 43,766 43,766 |
Outgoing resources £ (44,741) (44,741) Outgoing resources £ (41,709) (41,709) |
Balance at 30/06/2023 £ 110,847 |
|---|---|---|---|---|
| 110,847 | ||||
| Balance at 30/06/2022 £ 112,500 |
||||
| 112,500 |
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UNITED SIKH ASSOCIATION Notes to the Financial Statements Contnued
For the year ended 30 June 2023
Purpose of unrestricted Funds General Charity
| Demo Ver 12. Analysis of net assets between funds Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fxed assets Net current assets / (liabilites) Net Assets £ £ £ 95,948 14,899 110,847 |
|---|---|
| 95,948 14,899 110,847 |
|
| ~~sion~~ Tangible fxed assets Net current assets / (liabilites) Net Assets £ £ £ 96,959 15,541 112,500 |
|
| 96,959 15,541 112,500 |
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UNITED SIKH ASSOCIATION
Detailed Statement of Financial Actvites
For the year ended 30 June 2023
INCOME AND ENDOWMENT Donatons and legacies Donatons Total incoming resources SUPPORT COSTS Governance costs Governance costs Total resources expended Net Expenditure |
£ 2023 43,088 43,088 43,088 (44,741) (44,741) (44,741) (1,653) |
£ 2022 43,766 |
|---|---|---|
| 43,766 | ||
| 43,766 (41,709) |
||
| (41,709) | ||
| (41,709) | ||
| 2,057 |
(1,653) Demo Versio ~~n~~
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This page does not form part of the statutory fnancial statements