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2023-03-31-accounts

Trading and Profit and Loss Accounts for the Year Ended 31[st] March 2023

Guru Teg Bahadhur Temple

Guru Teg Bahadhur Temple

Contents of the Financial Statements for the Year Ended 31[st] March 2023

Page
General Information 1
Accountant’s Report 2
Trading and Profit and Loss Account 3
Balance Sheet 4
Tangible Fixed Assets 5

Financial Statement

For the Year Ended 31[st] March 2023

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 2023. 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: .....10.10.2023....

Guru Teg Bahadhur Temple

Trading and Profit and Loss Accounts for the Year Ended 31st March 2023

Income:
Golak
Donation
Cost of Sales:
Opening Stock
Purchases
Closing Stock
Gross Profit
Other Income:
Deposit account interest
Expenditure:
Head Priest wages
Staff Pension
Kirtan/Teachers fees
Telephone
Advertising
General Expenses
Repairs and Renewals
Accountancy
Rates & Water
Insurance
Light & Heat
Finance Costs:
Bank Interest
Bank Loan Interest
Bank Charges
NET PROFIT:
31.03.2023
£
£
58,601
4,970
63,571
209
1295
1,504
-262
1242
62,329
62,239
12,390
257
2,430
385
210
387
31,352
2,200
175
1,980
3,364
55,130
0
0
0
0
7,199
31.03.22
£
£
54,970
8,480
63,450
283
1145
1,428
-209
1,219
62,231
62,231
6,841
67
1,601
377
95
244
42,400
1,000
137
1,800
6,163
60,725
0
0
0
0
1,506
31.03.22
£
£
54,970
8,480
63,450
283
1145
1,428
-209
1,219
62,231
62,231
6,841
67
1,601
377
95
244
42,400
1,000
137
1,800
6,163
60,725
0
0
0
0
1,506
209
1295
283
1145
1,504
-262
1,428
-209
12,390
257
2,430
385
210
387
31,352
2,200
175
1,980
3,364
6,841
67
1,601
377
95
244
42,400
1,000
137
1,800
6,163
62,231
62,231

60,725
0
0
0
0
0
0
0
1,506

Guru Teg Bahadhur Temple Balance Sheet as at 31st March 2023

31.03.23
FIXED ASSETS:
£
£
Freehold Land & Property
725,335
Plant & Machinery
43,287
Fixtures and Fittings
24,870
793,492
CURRENT ASSETS:
Stock
262
Bank Account
29,623
Cash in Hand
1,194
31,079
CURRENT LIABILITIES:
Trade Creditors 2,601
P.A.Y.E
239
Accrues expenses
2,200
26,837
5,040
819,531
FINANCED BY:
CAPITAL ACCOUNT:
Balance B/F:
812,332
Net Profit
7,199
819,531
31.03.22
£
£
725,335
43,287
24,870
793,492
209
44,980
488
45,677
230
1,000
1,000
26,837
812,332
810,826
1,506
812,332
31.03.22
£
£
725,335
43,287
24,870
793,492
209
44,980
488
45,677
230
1,000
1,000
26,837
812,332
810,826
1,506
812,332
209
44,980
488
45,677
230
1,000
1,000
810,826
1,506
812,332
812,332

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 2023

COST:
At 1st of April 2022
Additions
At 31st March 2023
NET BOOK VALUE:
At 31st Mach 2023
At 31st March 2022
Freehold
Land &
Property
£
725,335
0
725,335
725,335
725,335
Plant and
Machinery
£
43,287
0
43,287
43,287
43,287
Fixtures
and
Fittings
£
24,870
0
24,870
24,870
24,870
Totals
£
793,492
0
793,492
793,492
793,492