# 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|