SHRI GURU NANAK GURDWARA Accounts For the year ended 31 March 2023
| 31/3/2023 | 31/3/2022 | |||
|---|---|---|---|---|
| E | E | |||
| Turnover | ||||
| Subscrlptions & Donations |
114,877 | 97,504 | ||
| Tax Refunds | 2,640 | |||
| HMRC Grant | 14,745 | |||
| 129,622 | 100,144 | |||
| Gross Profit | 129,622 | 100,144 | ||
| Administrative Expenses |
||||
| Wages &Salaries | 18,567 | 14,788 | ||
| Musicians Expenses |
3,925 | |||
| Death Compensation | 13,675 | |||
| Funeral Expenses | 5,787 | |||
| Staff Training | 280 | |||
| Food & Eatables | 1,753 | |||
| Accountancy Fees |
960 | 960 | ||
| Rates &Water | 13,284 | 3,092 | ||
| Light, Heat &Power | 17,411 | 9,742 | ||
| Insurance | 2,012 | 1,809 | ||
| Cleaning of Premises | 5,682 | 1,750 | ||
| Travel Expenses | 1,074 | |||
| Bank &Loan Interest | 8,465 | 7,559 | ||
| Depreciation Charge: Fixtures & Fittings |
6,721 | 8,307 | ||
| Repairs &Renewals | 9,675 | 4,214 | ||
| Stationery &Postage |
454 | 231 | ||
| Telephone, Fax & Internet |
697 | 642 | ||
| Licences & Subscriptlons | 159 | |||
| Sundry Expenses | 2,937 | |||
| Donations | 1,600 | |||
| (112,181) | (56,031) | |||
| Profit forthe Financial Year | 17,441 | 44,113 |
| S | HRI GURU NANAK GURDWARA | |||
|---|---|---|---|---|
| Balance Sheet | ||||
| As at 31March 2023 | ||||
| Notes | 31/3/2023f | 31/3/2022 6 |
||
| Fixed assets | ||||
| Tangible assets | 2,556,605 | 2,554,642 | ||
| 2,556,605 | 2,554,642 | |||
| Current assets | ||||
| Cash at bank and | in hand | 18,601 | 168,108 | |
| 18,601 | 168,108 | |||
| Current liabilities |
||||
| Trade creditors and accruals | (39) | (3,389) | ||
| (39) | (3,389) | |||
| Net current assets | 18,562 | 164,719 | ||
| Total assets less current liabilities | 2,575,167 | 2,719,361 | ||
| Long term liabilities | ||||
| Other long term liabilities | (194,813) | (356,448) | ||
| Net assets | 2,380,354 | 2,362,913 | ||
| Capital account | ||||
| Balance at start of period | 2,362,913 | |||
| Capital introduced | 2,318,800 | |||
| Net profit | 17,441 | 44,113 | ||
| 2,380,354 | 2,362,913 |
| Depreciation is provided at rates calculated to write offthe cost or valuation |
Depreciation is provided at rates calculated to write offthe cost or valuation |
of fixed assets, less their estimated | of fixed assets, less their estimated | of fixed assets, less their estimated |
|---|---|---|---|---|
| residual value, over their expected residual values, over their expected |
useful | lives on the | following basis: |
|
| Fixtures and Fittings | 20 | Reducing balance | ||
| Tangible fixed assets | ||||
| Land and | Fixtures and | |||
| Cost or valuation | Buildings 6 |
Fittingsf | Total f |
|
| At 01April 2022 | 2,529,721 | 132,852 | 2,662,573 | |
| Additions | 8,684 | 8,684 | ||
| At 31March 2023 | 2,529,721 | 141,536 | 2,671'257 | |
| Depreciation | ||||
| At 01April 2022 | 107,931 | 107,931 | ||
| Charge for year | 6,721 | 6,721 | ||
| At 31March 2023 | 114,652 | 114,652 | ||
| Net book values | ||||
| At 31March 2023 | 2,529,721 | 26,884 | 2,556,605 | |
| At 31March 2022 | 2p529,721 | 24,921 | 2,554,642 |