Trading and Profit and Loss Accounts for the Year Ended 31st March 2024
Guru Teg Bahadhur Temple
Guru Teg Bahadhur Temple
Contents of the Financial Statements for the Year Ended 31st March 2024
| 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 31st March 2024
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 2024. 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: .....10.10.2024....
Guru Teg Bahadhur Temple
Trading and Profit and Loss Accounts for the Year Ended 31st March 2024
| Income: Golak Donaton Cost of Sales: Opening Stock Purchases Closing Stock Gross Proft Other Income: Deposit account interest Expenditure: Head Priest wages Staf Pension Kirtan/Teachers fees |
31.03.2024 £ £ 84,435 3,840 88,275 262 5,219 5,481 -287 5,194 83,081 83,081 18,964 250 4,064 |
31.03.23 £ £ 58,601 4,970 63,571 209 1,295 1,504 -262 1,242 62,329 62,239 12,390 257 2,430 |
31.03.23 £ £ 58,601 4,970 63,571 209 1,295 1,504 -262 1,242 62,329 62,239 12,390 257 2,430 |
|---|---|---|---|
| 262 5,219 |
209 1,295 |
||
| 5,481 -287 |
1,504 -262 |
||
| 18,964 250 4,064 |
12,390 257 2,430 |
||
| 62,329 | |||
| 62,239 |
| Telephone | 260 | 385 | ||
|---|---|---|---|---|
| Advertsing | 180 | 210 | ||
| General Expenses | 215 | 387 | ||
| Repairs and Renewals | 44,750 | 31,352 | ||
| Accountancy | 1,000 | 2,200 | ||
| Rates & Water | 175 | 105 | ||
| Insurance | 2,105 | 2,105 | ||
| Light & Heat | 4,608 | 3,364 | ||
| 76,501 | 55,130 | |||
| Finance Costs: | ||||
| Bank Interest | 0 | 0 | ||
| Bank Loan Interest | 0 |
0 | ||
| Bank Charges | 0 | 0 | ||
| 0 | ||||
| NET PROFIT: | 6,580 | 7,199 | ||
| Guru Teg Bahadhur Temple | ||||
| Balance Sheet as at 31st March 2024 | ||||
| 31.03.24 | 31.03.23 | |||
| FIXED ASSETS: | £ £ |
£ | £ | |
| Freehold Land & Property | 725,335 | 725,335 | ||
| Plant & Machinery | 43,287 | 43,287 | ||
| Fixtures and Fitngs | 24,870 | 24,870 | ||
| 793,49 | ||||
| 793,492 | 2 | |||
| CURRENT ASSETS: | ||||
| Stock | 287 | 262 | ||
| Bank Account | 39,899 | 29,623 | ||
| Cash in Hand | 565 | 1,194 |
40,751
31,079
CURRENT LIABILITIES:
| Trade Creditors P.A.Y.E Accrues expenses FINANCED BY: CAPITAL ACCOUNT: Balance B/F: Net Proft |
7,070 62 1,000 |
8,132 826,111 826,111 |
2,601 239 1,000 |
5,040 |
|---|---|---|---|---|
| 1,086 819,531 6,580 |
26,837 812,332 7,199 |
|||
| 819,53 1 |
||||
| 819,53 1 |
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 2024
| COST: At 1st of April 2023 Additons At 31st March 2024 |
Freehold Land & Property £ 725,335 0 725,335 |
Plant and Machinery £ 43,287 0 43,287 |
Fixtures and Fitngs £ 24,870 0 24,870 |
Totals £ 793,492 0 |
|---|---|---|---|---|
| 793,492 |
NET BOOK VALUE:
| At | 31st Mach 2024 | 725,335 | 43,287 | 24,870 | 793,492 |
|---|---|---|---|---|---|
| At | 31st March 2023 | 725,335 | 43,287 | 24,870 | 793,492 |