SHRI GURU TEGH BAHADUR SAHIB ANNUAL REPORT FOR THE Y NDE 31 MARCH 2021 CONTENTS Pages Legal ond A<lministralive infom)atron Report of the Trustee5 Report of the Independent Exarniners Stst8menl of Flnanclal Aclmbes Babgnce SI( Cashllow Statement Actr)Unng Polbtsès Nots8 lo the Financial Statemants 8-10 R•g5st•r•d Charlty No. 1032210
Shri Guru Te Babadur Sahitj LEGAL AND ADMtNISTRA TIVE LNFORMA TION TRUSTEES R S Digwa GSTaak S Singh BSTaak EXECUTIVE COMMITTEE A S Rathore R S Digwa Ssswa BSTaak S S Bhaker W S Digwa President Vice PSIdent SecF*ary Vice Secretary Tu[e[ Vice Tre&surer ADDRESS 7 St Marks Road Newtown Southampton S0140NW INDEPENDENT EXAMINERS Cochrane & Co AccOunLtS Limited 38 Kings Road Lee on the Solent Hampshire P013 9NU BANKERS TSB PLC Avenue Brdnch London Road Southampton
REPORT OF eare ed 3 Ilt Marc 21 The have pleasure in prwnting their annual rerrt)rt together with the independently examined financial statemerts for the year ended 31 March 2021. The Trustees ar¢ responsible for pryarin8 the Tnlees, Annual Report and the financial ststem¢nts in accordance with applicable law and Uftit Kingdijm Accounting Standards (United Kingdom Generally Acce Accourting Practice) CONSTIT10 AND oWEs OF THE CHARrrY The Shri GUTU Tegh Bahadur Sahib Gurdwara is a registered charity no 1032210. The object5 of the charity are to promote and observe the Sikh religion and to provide a place of worship• promote the education of the members and th¢ study of the Punjabi language and to relieve members in need as de¢ided by the executive committee. The Charity works closely with the wider commwlity to providc for publi¢ efiL ORGANISATIO The trustres who have served during the year since the year end are set out page l. The ¢xecutive committee who have s¢rved since the18st Annual General Meeting are set out on page l. The executive committee is elected annually at the Annual General Meeting. All members of the executive rA)mmittc¢ retire and being eltgible offer themselves for Trele£tiOn. FINANCIAL REVIEW The resulis for the year are set out on the Siatement of Financial Activitieg on p8ge 4. The defiGit for th¢ year amounted to £3,429 (2019no surp18 £16.408). This has been tr8nsferred the unrestricted accumulated fund. TRUSTEES RESPONSIBILITIES IN RELATION TO THE FIY4ANCIAL ATEmENTs The law applicable to Charities in England & Wale5 requires the trustee5 to ]xepare financial statements for each financial year, which give a truc and f8ir view of the stste of affairs of the chArity and of the incoming resouwes and application of raouyces of the ¢harity for that period. In preparin8 these financial Statements the trustees are required to.. l) Select suitable accounting policies ard then apyly them con5iStaJtly; 2) Observe the methods and principles in the Charities SORP 2019. 3) Make judgements and estimat&8 that are reasonable and pnen( 4) State whether applicable accounting sthndards have been followe4 Subject to any material departures disclosed and explained in the financi0] statements: and 5) Prepare the financial ststements on the goin8 concern basis unless it is inappropriate to presume that the charity will WntIn to opffate. The trustees are responsible for keeping accountin8 records that disclose. with reasonable accur8¢y, at &ny time the financial position of the Charity arml enable them to ensure that the financial statements comply with the Charitl¢S Act 2011. the Charities (Accounts and Rep(ffts) Regulations 28 and the provisions of the TrLL4t Deed. They are also rap)nsible for saftguarding the a5s¢ts of the ch8rity and hence for tsking rwonable Steps for the prev¢ntion and d&ection of fraud and other ITregul8riti. The tnk8trf8 receive no reMUtIon and no expenses. Thi5 report Wes apprnved by the Tnee5 on tL4 ao 2Z ei Trusiee IIIJ
Shri Guru Tegh B2h#dur Sahib INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHRI GURU TEGH BAHADUR SAHIB For the ear ended 31 M*rch 2021 I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2021, which are set out on pages 4 to 10. RESPONSIBILITtES AND BASIS OF REPORT As thc charity's trustees you are restKynsible for the prepArntion of the accounts in accordanc¢ with the requirements of the Charities Ath 2011 {'the A¢i'). I report in respect of my examination of the chartty's accounts carried out under section 145 of the Act and in Carrying Out my ¢xamination I have followed all the applicable Directions given by the Charity C(Mnmission under s¢ction 145(SMb) of the Act. INDEPENDENT EXAMINERS'S STATEMENT I Iiav¢ Lompl¢¢ed my examination. l ¢onfirni that no material matters have corn¢ to my attention in onnection with the ex8minAtion giving me cause to believe that in any material respect: l. The accountin8 recCS were not kcO in respe¢t of the charity as required by section 130 of the A¢t' or 2. The coUnts do nol with those re¢ords' or 3. The a¢eounts do not comply with the applicable r¢quirem¢nts concerning the forni and ¢ont¢nt of accounts srf out in the Charitie5 (Accounts and Rep)rts) Regulations 2008 other than any requir¢m¢nt that the CoUnts give a 'true and fair view, which is not a matter ¢onsid¢red as part of an ind¢pend¢nt eLvnination. I have no concerns and hav¢ wm¢ a¢ross no other matters in ¢onne¢tion with my examination to which attefttion Should be drawn in this re in order to enable a proper understanding of the accounts to b¢ r¢ached. J Cochrnne. FCA Dated.. 1i/glzoz Cochrane & Co Aw)untsnts Limttsd 38 Kings RO8 Lee-on-the-SolenL Hampshire. POI 3 9NU
Shrf Guru T h Bahadur Sahlb ststement of Flnanclal Actlvlllgs FOR THE YEAR ENDED 31 MARCH 2021 Not•s 2021 2020 Ineomln Resource Donations received 8.055 41,850 Charitable Income 25.831 52.033 Grants Recelvable Total Incornlng ro•our¢o8 33,886 93.883 Rosource8 ex Direct charttable exndIture. Grants payable Other direct charitable oxpenditure 1,000 19.240 12.317 Total direct tharttable eXpendIre 12.317 20.240 Other expenditure: Fundraising and publiiity Management and aJministr8tlon 24.998 57.235 Total other expenditure 24.998 57.235 Total r98ou •xpended 37,315 77.475 Net {expendltureVlncome resources 13,429) 16,408 Fund balances brought fovward 736.332 719.924 Fund balances carried forward 732.903 736.332
hri GUN T h Bahadur hlb LANCE SHEET A8 at 31st March FIXED ASSETS 586.291 587,714 CURREKf A&8Ef8 Debtors Ca#h and bank 4,366 149,965 154,331 150,491 150.491 Creditors.. amount falling due within one year (3,879) (5,713) NEf CURRENT ASSETS 146.812 148,618 TOTAL A88Ef8 LE88 CURRENT LIABILlnES 732,903 736,332 NEf A88Ers 732,903 738,332 TOTAL FUNDS 10 732.903 736,332 Tha financial statements on pages 4 to 10 approved by the Iwstees on: J 2<) ZL Signed (rrustee) Signed (Trustee)
Bahadur Sahlb Cashfflow Statement for th• ar andin 31st March 2021 2021 2020 Net cash inflow from Operat act1vilS 526 15.798 Purchase of tangible fixfyj assets (1,6361 Increase in cash enj cash 8qUfvants 526 14.162 Opening cayh and cash equivalents 149,965 135.803 Closing cash and cash 8qulvalents 150,491 149,965 Not8s to cash Ilow •tat•monL' Roconclllatlon ol changes In TOu¢•8 to net cash Infiow from OpW•9 actmtt Ng1 lexpenditureYiThxmo rosour¢os Depreciallon Loss on disposal of assets IDecreaseVlncrea$e in creditS DecreaseJ(Increasel in debto (3,4291 1,423 16,408 11,834 {8371 (1.1211 526 15,798 Analysls of ¢hang• In cash and ush oqulvalgnt$ durlng tho y••r Cash and bank 150,491 149,965 526
Shrt Guru Tegh Bahadur Sahlb NOTES TO THE ACCOUNTS 1 Accountlng pollc The financial slalements have been wepar&J the historical cost ccrfw&ntiM and are accordance with appli(zbtse accountsng stsndards, and th8 Chanties Accounting Stat8ment of RecomMerKI Practice ISorpFRS1021. Thore have been no ¢anges in the accourbting poticies. a All grdnts and voluntary income are attoUnt gross 4then recaivable. as long as thèy 8r8 capable of financial measurement. This includes gifts in kind. included al estimaled valuati. b All expgndllure Is accountsd for gro8S, 8rMJ when incJJrred. c Direct chable expenditure includes the direct costs of the &tivttr"es and depreclats.on on rdated assels. d Support eosts wmpri¥e servKe costs incurred (xntrally in suppJt of the aims of the Charity. 8 Flxed assets are indUdj al $t or ¥dualion'. there are no uncapitdised fix8d assets. f Deprecialim 1$ providgd to vmte off tho costs or valuotk)n.18ss gstimated resNJual values. of all fixed assets excapl frèehc4d wemi888, over their exp8Cted useful lives. It Is calculatod al thg followiTrJ rate8'. Kbtchon Equlpmenl 10% or 20% stralghl Ilne Musical in$trurnents and PA system 20% swht Ilne Other Equipment stra3hl line Motor Vehicle 20% $trawJht line g Grants are recognised as expenditure vthen the commilmenl L8 entered into. Wherg suth a grant is to b8 paSd ovgr Instslmenls. the OLtstanding baLqnc8 is disckjsed as a liability. h Debtors are recognlsed on Ihe basls of an amount that18 Te85CbIY paYae to the Charlty. I Credltors are reo)gnlsed on Ihe t)asis of amount payabl8 for goods and sW¥ic recefved but not yet Invol or paKI for.
Shrl GUN Te h Bahadur Sahlb NOTES TO THE ACCOUNTS 2021 2020 2 Grants receivablg None 3 Grants payable 2021 Nu 2021 2020 2020 Payable to individuals Payable to inslrtutions 1.000 1000 4 Analy81• of Resource• Expnded Other direct charitable eX[ndre Support costs Grants pay8ble Other 8xpendilur8 Management and administration 12,317 19,240 1.000 24,998 57.235 Total 37,315 TT,475 5 8upport Gosts Langar and Gurpurbs Giannis exp8nses Depreciation 1,664 9.230 1.423 7,142 10,750 1,348 12.317 19,240 6 Managèment •nd Admlnlstratlon co•ts Meetings and travel expenses Telephone Postage and stationery Accountancy rev Legal and professpjnal Water rates Business rates Light and heat Insurance Repairs and renewals Sundry expenses 1.047 1.245 95 1,170 {8281 2.120 2,525 9,454 2.898 2.704 300 1.357 126 1,914 2.018 2.490 1,203 10,804 3.892 28.797 4.334 24.998 57.235
uru Te h 8ahathr THE ACCOUNT 7 Flxod FREEHOLD KITCHEN INSTRUMENTS MOTOR OTHER UIPMENT AND PA SYSTEM EQllENT Op8nlng t Addst)n$ 578. 17.988 3.800 16,089 77286 693.169 G1081rY4 balance 578.%J6 17.988 3.600 16.089 77,286 693.169 Opening b818nc• Oispo8als Chmrge for Ihe year 17270 3.595 16.088 68,W2 tOS,455 218 1207 1,423 Clc6iThJ bolone 17,486 3.$95 16,088 69.709 106,878 At 31st Marth 2020 578,X 718 8,784 587.714 Al 318t 2021 502 7.577 586.291 8 O•btorn Jo lhI onè Other Oebtor¥ Prepaymonts 1.971 2,395
Shri Gurn T h Bahadtsr Sahlb NOTES TO THE ACCOUNTS 9 Creditorn 2021 2020 Amounts falling due within one year Accountancy Accruals Other credrtors 1.21XJ 1.987 692 3,879 1.860 1.161 2,692 S.713 10 kcUmUlat Fund At beginning of year 730.332 719,924 IDeficitySurplu8 for the yaar {3.4291 16.408 Totsl Fund 732,3 736.332 I the Charity8 funds are unrestrictèd. 10