Trading and Proft and Loss Accounts for the Year Ended 31st March 2022
Guru Teg Bahadhur Temple
Guru Teg Bahadhur Temple
Contents of the Financial Statements for the Year Ended 31st March 2022
| Page | |||
|---|---|---|---|
| General Information | 1 | ||
| Accountant’s Report | 2 | ||
| Trading and Proft and Loss Account | 3 | ||
| Balance Sheet | 4 | ||
| Tangible Fixed Assets | 5 |
Financial Statement
For the Year Ended 31st March 2022
Accountant’s Report to
Guru Teg Bahadhur Temple
As described on page four, you have approved the trading and profit and loss account for the year ended 31[st] March 2022. In accordance with your instructions, we have compiled these unaudited financial statements from the accounting records and explanations supplied to us.
Mr S Porbanderwalla
19 Campion Grove
Halesowen
West Midlands
B63 1HB
Date: .....05.01.2023....
Guru Teg Bahadhur Temple
Trading and Profit and Loss Accounts for the Year Ended 31st March 2022
| 31.03.2022 | 31.03.21 | |||
| Income: | £ | £ | £ | £ |
| Golak | 54,970 | 20,221 | ||
| Donaton | 8,480 | 3,480 | ||
| 63,450 | 23,701 | |||
| Cost of Sales: | ||||
| Opening Stock | 283 | 397 | ||
| Purchases | 1145 | 942 | ||
| 1,428 | 1,339 | |||
| Closing Stock | -209 | -283 | ||
| 1219 | 1,056 | |||
| Gross Proft | 62,231 | 22,645 | ||
| Other Income: | ||||
| Deposit account interest | ||||
| 62,231 | 22,645 | |||
| Expenditure: | ||||
| Head Priest wages | 6,841 | 7,865 | ||
| Staf Pension | 67 | 40 | ||
| Kirtan/Teachers fees | 1,601 | 2,941 | ||
| Telephone | 377 | 154 |
| Advertsing | Advertsing | 95 | 100 | 100 | 19,129 35 3,516 |
|---|---|---|---|---|---|
| General Expenses | 244 | 328 | |||
| Repairs and Renewals | 42,400 | 1,011 | |||
| Accountancy | 1,000 | 1,000 | |||
| Rates & Water | 137 | 427 | |||
| Insurance | 1,800 | 1,800 | |||
| Light & Heat | 6,163 | 3,463 | |||
| 60,725 | |||||
| Finance Costs: | |||||
| Bank Interest | 0 | 0 | |||
| Bank Loan Interest | 0 | 0 | |||
| Bank Charges | 0 | 35 | |||
| 0 | |||||
| NET PROFIT: | 1,506 | ||||
| Guru Teg Bahadhur Temple | |||||
| Balance Sheet as at 31st March 2022 | |||||
| 31.03.22 | 31.03.21 | ||||
| FIXED ASSETS: | £ £ |
£ £ |
|||
| Freehold Land & Property | 725,335 | 725,335 | |||
| Plant & Machinery | 43,287 | 43,287 | |||
| Fixtures and Fitngs | 24,870 | 24,870 | |||
| 793,492 | 793,49 2 |
||||
| CURRENT ASSETS: | |||||
| Stock | 209 | 283 | |||
| Bank Account | 44,980 | 17,781 | |||
| Cash in Hand | 488 | 270 | |||
| 45,677 | 18,334 | ||||
| CURRENT LIABILITIES: | |||||
| Trade Creditors 25,607 P.A.Y.E |
230 | 0 | |||
| Accrues expenses | 1,000 | 1,000 | |||
| 26,837 | 1,000 | ||||
| 26,837 | 17,334 |
810,82 812,332 6
| 812,332 | 810,82 6 |
|
|---|---|---|
| FINANCED BY: | ||
| CAPITAL ACCOUNT: | ||
| Balance B/F: 810,826 |
807,310 | |
| Net Proft 1,506 |
3,516 | |
| 812,332 | 810,82 6 |
I approve the financial statements and confirm that I have made available to all relevant records and information for their preparation. ...................................................... S.Singh Date..............................................
Guru Teg Bahadhur Temple Tangible Fixed Asset Schedule as at 31st March 2022
| Freehold Land & Property |
Plant and Machinery |
Fixtures and Fitngs |
Totals | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| COST: | ||||
| At 1st of April 2021 | 725,335 | 43,287 | 24,870 | 793,492 |
| Additons | 0 | 0 | 0 | 0 |
| At 31st March 2022 | 725,335 | 43,287 | 24,870 | 793,492 |
| NET BOOK VALUE: | ||||
| At 31st Mach 2022 | 725,335 | 43,287 | 24,870 | 793,492 |
| At 31st March 2021 | 725,335 | 43,287 | 24,870 | 793,492 |