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2021-03-31-accounts

Page
CONTEN TS
Charity Reference and Administrative Details
Trustees' Annual Report
Independent
Auditor's
Report		 12
Statement of Profit and Loss 13
Statement of Financial Position
14
Statement ofCashflow 15
Notes to Financial Statements

REFERENCE AND ADMINIST RATIVE DETAILS RATIVE DETAILS
Registered charity name Nanaksar
Thath Isher Darbar
Charity registration number 1025988
Principal office NTIDT
Garib Niwaj
Springfield Road
Hayes
Middlesex
UB4 OLP
The trustees
The trustees who served the charity during the period were as follows:
Sant Baba Amar Singh Ji
Mr Amarjit Singh
Mr Gursharan
Singh
Mr Sukhdev
Singh Nahal
Mr Sarabjeet Dhanjal (appointed
on 20/01/2021)
Mr Lakhwinder
Singh Mahal (appointed
on 20/01/2021)
Auditor RSA Associates
Accountants
&		 Registered Auditors
First Floor
30Merrick Road
Southall
Middlesex
England
UB2 4AU
Solicitor Freeths LLP
Cumberland
Court
80Mount Street
Nottingham
NG1 6HH

Unrestricted
Funds		 Restricted
Funds		 Total Funds
2021		 Total Funds
2020
Note
INCOMING RESOURCES
Incoming
resources from
generating
funds:
Donations
and
Legacies		 4 1,298,597 1,298,597 1,066,022
Fundraising
Activities		 5 128,151
TOTAL INCOMING
RESOURCES		 1,298,597 1/98,597 1,194,173
RESOURCES EXPENDED
Costs ofgenerating funds:
Fundraising
trading: cost of
goods sold and (118,423)
other costs
Charitable
activities
Governance
costs		 35,484
(181,401)		 35,484
(181,401)		 (150,976)
(237,717)
TOTAL RESOURCES
EXPENDED		 (145,917) (145,917) (507,116)
NET INCOMING
RESOURCES
FORTHE YEAR		 1,152,679 1,152,679 687,056
RECONCILIATION OF
FUNDS
Total funds brought		 forward 1,780,288 1,780+88 1,093,232
TOTAL FUNDS CARRIED
FORWARD		 2,932,967 2,932,967 1,780,288

2021 2020
Note
FIXEDASSETS
Tangible assets		 12 4,348,864 4,352,839
CURRENT ASSETS
Debtors
Cash at bank and in hand		 13 3,362,421
16,411		 1,421,695
94,677
3378832 1,516,394
CREDITORS: Amounts
year		 falling due within one 14 (1,094,218) (805,980)
NET CURRENT ASSETS/(LIABILITIES) 2,284,614 710,414
TOTAL ASSETS LESSCURRENT LIABILITIES 6,633,478 5,063,253
CREDITORS: Amounts
than one year
NET ASSETS		 falling due after more 15 (3,700,510)
2,932,967		 (3,282,965)
1,780,288
FUNDS
Restricted funds
Unrestricted
income funds		 16
17		 2,932,967 1,780,288
TOTAL FUNDS 2,932,967 1,780,288

2021 2020
Cash flows from operating
activities
Net income		 1,152,679 687,056
1,152,679 687,056
Adjustment
for:
Depreciation of tangible fixed assets
Dividends,
interest and rents from investments		 6,580
201808		 8,370
73,426
Changes in:
Trade and other debtors
Trade and other creditors		 (1 940727)
705,784		 26,836
(1,012,571)
Cash generated
from operations		 125,623 (216,883)
Net cash from operating
activities		 125623 216,883
Cash flows from investing
activities
Dividends,
interest and rents &om investments
Purchase of fixed Assets		 (201,308)
(2,604)		 (73,426)
(92,186)
Proceeds from sale oftangible fixed assets
Net cash used in investing
activities		 (203,912) (165,612)
Net Decrease in cash and cash equivalents 78,288 382,495
Cash and cash equivalents
at beginning		 ofyear 94,699 477,194
Cash and cash equivalents
at end ofyear		 16,411 94,699

DONATIONS
AND		 LEGACIES
Unrestricted
Funds		 Restricted
Funds		 Total Funds
2021		 Total Fund:.
202ti
Donations
Grant Income
Rental Income
Gift Aid		 1,049,159
31,067
10,200
208,171		 1,049,159
31,067
10,200
208,171		 941,575
12,700
111,747
1,298,597 1,298,597 1,066,022
Unrestricted Total Funds Total Funds
Funds 2021 2020
f,
Fundraising Events-Prakash 128,151
Unrestricted Total Funds Total Funds
Funds 2021 2020
118,423

ALLOCATION OF SUPPO RT COSTS
Unrestricted Total Funds Total Funds
Funds 2021 2020
Salaries and wages (including
social security costs)
Premises costs
Bank Charges and Loan Interest
Depreciation
Donation Out
Sundry		 32,046
127,057
(194,769)
6,580
(6,398)		 32,046
127,057
(194,769)
6,580
(6,398)		 54,551
154,705
(73,426)
8,370
3,500
3,276
(35,484) (35,484) 150,976

Unrestricted Total Funds Total Funds
Funds 2021 2020
Accountancy
fees &Non Audit Services
Audit fees
Legal & Professional		 14,430
4,200
162,771		 14,430
4/00
162,771		 11,400
4,200
222,117
181,401 181,401 237,717

NET INCOMING RESOURCES FORTHE YEAR NET INCOMING RESOURCES FORTHE YEAR
This is stated after charging: 2021 2020
Depreciation 6,580 8,370
Auditors'
remuneration:
-audit ofthe financial statements 4,200 4,20(.

Freehold Fixtures
8r,
property Equipment Fittings Total
COST
At 1 April 2020
Additions		 4,337,818 155,590
2,604		 301,675 4,795,083
2,604
Disposal
At 31March 2021 4,337,818 158,194 301,675 4,797,687
DEPRECIATION
At 1 April 2020
Charge for the year		 143,264
5381		 298,979
1,198		 442,243
6,580
At 31March 2021 148,645 300,177 448,823
NET BOOK VALUE
At 31March 2021 4,337,818 9,548 1,498 4@48,864
At 1 April 2020 4,337,818 12,326 2,695 4,352,839

2021 2020
Amounts
owed by related
Other debtors		 parties (Note 19) 3P44,509
17,912		 1,399,887
21,808
3@62,421 1,421,695
CREDITORS: Amounts falling due within one year
2021 2020
f,
Bank loans and overdrafts
DFELoan
Taxation and social security
Other creditors
Accruals		 253,901
36,000
774,486
29,831		 388,252
200,385
3,060
196,974
17,305
1,094,218 805,980
CREDITORS; Amounts falling due after more than one year
?021 2020
DFELoan
Amounts
owed to related parties (Note 19)
Loans From Trustees (Note 19)		 2?4,068
3$71P06
105,136		 280,690
2,897,140
105,136
3,700,510 3,282,966
RESTRICTED INCOME FUNDS
Balance at Movement
in		 Balance at
1Apr 2020 the year 31Mar 2021

Balance at Incoming Balance at
1Apr 2020 resources 31Mar 2021
General Funds 1,788,288 1,1,52,679 2,932,967

Unrestricted
fu		 nds: , ,
Unrestricted Restricted Total Funds Total Funds
Funds Funds 2021 2020
f
Tangible Assets
Current Assets		 4,348,864
3,378,832		 4/48,864
3878,832		 4,352,839
1,516,394
Creditors: Amounts
within one year
Creditors: More than		 falling due
one year		 (1,094,218)
(3,700,510)
2,932,967		 (1,094418)
(3,700,510)
2,932,967		 (805,980)
(3,282,966)
1,780,288