SHRI GURU TEGH BAHADUR SAHIB ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 ONTENT Pag8S Legal and Administrative infomation Report of the Trustees Report of the IrKlependenl Examiner¥ Statement of Financial Activrties Balanc¢ Sheet Cashnow Statement Accounting Policies Notes to the Financial Statements 8-10 Reglstered Chartty No. 1032210
Shri Guru Te h Bahadur Sahib LECAL AND ADMINISTRATIVE INFORMATION TRUSTEES R 8 Digwa GSTaak S Singh BSTaak EXECUTIVE COMMITTEE A S Rathore R S Di8wa S S Swali BSTaak S S Bhaker W S Digwa President Vice President Secretary Vice Secretary Treasurer Vice Treasurer ADDRESS 7 St Marks Road Newtown Southampton S014 ONW INDEPENDENT EXAMINERS Co¢hran¢ & Co Accountants Limited 38 Kings Road Lee on the Solent Hampshire P013 9NU BANKERS TSB PLC Avenue Branch London Road Southampton
Shri GLni Te h Bahadur Sahib REPORT OF THE TRUSTEES h 2022 The Trustees hav¢ pleasure in presenting their annual report together with the independently examined financial statements for the year ended 31 ' March 2022. The Trustees are resFK)nsible for preparing the Trustees, Annual Report and the financial 5tatemenls in accordan¢e with applicable law and United Kingdom Accounting Siandards (United Kin8dom Generally Accepted AountIng Practice) CONSTITUTION AND ORJECTS OF THE CHARITY The Shri GUN Tegh Bahadur Sahib Gurdwara is a registered charity no 1032210. The objeths of the charity are to promote and observe the Sikh religion and io provide a place of worship, to promote the education of lh¢ members and the study of ihe Punjabi language and to relieve memlxrs in need as decided by the executive committee. The Charity works closely with the wider community io provide for public benefit. ORGANISATION The trustees who have Serv during the year and since the year end are Set out on page l. The execthive commirlee who have served since the last Annual General Meeting are set OLrt on page l. The executive committee is elected annually al the Annual General Meeting. All member5 of the executive Committ¢¢ retire and b¢in8 eligible offer themselves for re-eleLiiOn. FINANCIAL REVIEW The results for ihe year are set out on the Statement of Financial Activities on page 4. The deficit for the year amounted to £32,076 (2020r21 deficit £3,429}. This has been Iransf¢rred io the unrestricted Accumulated fund. TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENIS The law applicable lo charities in England & Wales requires the Irustees to wepare financial statements for each financial year. which give a true and fair view of the state of affairs of the charity and ot. the incoming resources and application of resources of the charity for thai period. In preparing these financia] stalemcnts the trusie¢s are required to= l ) Select suiiable accounting txylieies and then apply them consistently. 2) Observe the methods and principles in the Charities %ORP 2019- 3) Make judgements and estimates that are reasonable and prudent., 4) Slate wheiher applicable accounting standards have been followe4 subject to any material departures di10$ed and explained in the financia] sthiements. and 5) Prepare ihc finala1 statrments on the going COTwn b&sis unless it is inappropriate to presume that the charity will continue to OFerate. The Iru51¢¢s are responsible for keeping a¢¢ounting records that disclose. wtth reasonable accuracy, at any lime the financial position of the Charity and enable them lo ensure that the financial statements comply with th¢ Charities Act 2011. the Charilies {Ac¢ounts and Rew)rts) RegulaiioTLS 28 and provisions of the Trust Dccd. They are also resp)nsibl¢ for safeguarding ihc &5sets of the charity aTtd hence for taking rwonablc Steps for the prevention and detection of fraud and other irregularities. The trslee$ re¢¢iv¢ no remunerdtion and no expenses. This report was approved by the TnL%tees on 2 Jgl 2 Trustee 7/J71
Shri Guru Tegh Bahxdur Sabib INDEPENDEiYf EK4MINER'S REPORT TO THE TRUSTEES OF SHRI G17RU TEGH AHADi)R SAHtB For the ear ended 31 March 2022 I rq)ort to the charity tru5t¢es on my examination of the accounts of the Clwity for the year ended 31 March 2022, which are set out on pages 4 to l O. RESPONSIBILITIES AND BASIS OF REPORT As the charity's trustees you are responsibl¢ for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Ath.). I report in reSpt of my examination of the ¢harity's accounts Carri out under tIOn 145 of th¢ Act and in carrying out my examination I have followed all the applicable Directions given by th¢ Charity Commission under section 145(5Xb) of the Act. INDEPENDE1 EXAMINERS'S STATEMENT I hav¢ completed my exomination. I COnfn that no malerial matters have come to my attention in connection wtth the examination giving me cause io believe that in any material re8PXt.' l. The OuntIng re¢ords wcT¢ not k¢pt in resp¢ct of the charity as required by section 130 of the Act. or 2. The accounts do not 0rd with thos¢ records; or 3. The accounts do not comply with the applicable requirements concerning th¢ forni and content of accounts set out in the Chariti¢s (Accounts and Reports) Regulations 2008 other than any requirement that th¢ )UnIS give a 'tTU¢ Bnd fair view. which is not a matter considered as part of an independent examination. I hav¢ no conc5 and hav¢ ¢(e rO$S no other matters in connection with my ¢xamination to whlch attention should be drawn in thi$ TeFM)rt in ord¢r to ¢nabl¢ a proper understandtng of the accounts to be reached. J Cochrane, FCA Dai¢d. 918120 21 Cochran¢ & Co Ac¢ountants Limite41, 38 Kings Roa(L Lee-on-the-Solen¢ Harnpshi. POI 3 9NU
Shrl Guru Te h Bahadur Sahib Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2022 Noto5 2022 2021 Incomln Donations received 31.040 8,055 Charltable Income 46,041 25.831 Grants Receivab18 Total Incomlng re•ourc•• 77,081 33,886 Resourc•s •x nd•d Direct charitable expendlture.. Grants payable Other direct Charitable expenditur8 1,100 8,001 12,317 Total dlroct charitable exp8nditure 9,101 12,317 Other 8xpendrture: Fundraising and publioty Management and administralion 35,904 24,998 Total other expendrture 35.904 24.998 Total resources expended 45,005 37,315 Net Incomo1(oXPondlture) rosources 32.076 (3,4291 Fund balances brought forward 732,9)3 736.332 Fund balances ¢arrled forward 764,979 732,903
hri Gu hib 8ALANCE SHEET 2022 2021 FIXED ASSETS 595,256 586,291 CURRENT ASSETS Debtors Cash and bank 1,888 191,845 193,733 150,491 150,491 Credrtors.. amount falling due within one year (24.010) 13.879) NET CURRENT ASSETS 169,723 146,612 TOTAL ASSETS LESS CURRENT LIABILITIES 764.979 732,903 NET ASSETS 764,979 732,903 TOTAL FUNDS 10 764.979 732.903 The financial statements on pages 4 to 10 *tre approved by the trustees on, 3 /g/zL Signed (Trustee) Signed ITru$tee)
Shri Guru Te h Bahadur Sahib Cashflow Statemgnt for the ar endin 31st March 2022 2022 2021 Net cash inflow from operating activitS 51.734 526 Purchase of tangible fixed assets (10,380) Increase In cash and cash equivalents 41.354 526 Opening cash and cash equivalents 150,491 149,965 Closing cash and cash equivalents 191,845 150,491 Notes to cash fl¢)w ststsmont: Reconclllatlon of changes In r•¥ouces to not cash Inllow from operatlng actIvit9 Net incomell8xpenditure) resourcos Dgprecialion Loss on dispo¥al of a3¥els InCose/(DeCreasel in credrtors IlncreaseyDecrease In debtors 32.076 1.301 114 20,131 (1.8881 13,429) 1,423 {1,8341 4,366 51,734 526 Analysls of changes In cash and cash 09ulvalont¥ during th• year 2022 Chan Cash and bank 191,845 150.491 41,354
Shrl Guru Tegh Bahadur Sahlb NOTES TO THE ACCOUNTS 1 Accounting policies The finanal statements have been prepared under the historical g)$t ¢onv8ntlon and are in accordance with appliCae accountirwJ standards. and the Charitie5 Accounting Slalemenl of Recommended Practice ISorpFRS102). There have been no changes in the accounting policies. All grant5 8nd voluntsry income are accounted for 9ross when receivable. as long as they are capable of fSnancial measurement. This indudes grfls in kind, included al estifflated valuation. b AJI expenditure is acc£MJnled for gro¥s. and when incurffjd. ¢ Direct charitable 8xp6nditure includgs thg direct costs of tho activitres and depreciation on related assets. d Support costs ¢omwse seThice costs incurred centralty in support of the aims of the Charlty. e Fixed assets are Induded al cost or valu*ion'. Ihere are uncapttalised fixed assets. f Depreciation 18 provided to wrltg off th8 costs ry valuation.1688 estimated residual values, of all rixed assets except freehold premlse8. over Ihwr expe¢t¢d useful lives. 1118 Calculated 8t tre followin9 rates.. Kltchen Equipment 10% or 20% straight line Music81 instruments 8nd PA system 20% stralghl Ilne Olhgr Equipm•nl 20% straohl ling Motor Vehicle 20% straight Iln8 g Grants are recognised as expenditu when the commitment is entered into. Where such a grant is lo be paid over instalmenls. the outslanding balance is disdosed as a liability. h Deblorg are recognised on the basis of 8n amount that is reasonabty payable to the Charity. I Creditors are recognised on the basis of am¢)unt payable goods and Servic88 r9Cglved bul not yel invoiced or paid for.
Shrl Guru Te h Bahadur Sahib NOTES TO THE ACCOUNTS 2022 2021 2 Grants ro¢9ivable None 3 Grants payable 2022 2022 2021 Numb 2021 r Value Payable to individuals Payable to instituts¢)ns 1,100 1100 4 Analy81$ of Ro$our¢o$ Expondod Other direct charitable expenditure Support costs Grants payable Other expenditure Management and adminlslration 8,001 1.100 12,317 35,91)4 24,998 Total 45,005 37.315 S Support Costs Langar and Gurpurbs Glannls expenses Depreciation 2.294 4,406 1,301 1.664 9,230 1,423 8,001 12.317 6 Managgment and Admlnlstratlon costs Meetings and travel expenses Talephone Postage and ststs'onery Accountancy review Legal and professional Water rates Business rates Light and heat Insurance Repairs and renewals Sundry expenses 1,236 1,195 71 1,200 1,047 1,245 95 1,170 (8281 2,120 2,525 9,454 2.898 2.704 2.568 2.107 73 16.443 2.201 7.882 3.382 35,904 24,998
Guru Te h Bahadur Sahlb NOTES TO ThE ACCOUNTS 7 Flxed A8S0ts FREEHOLD KITCHEN INSTRUMEvfs MOTOR OTHER PREMISES EQUIPMENT AND PA SYSTEM VEHICLE EQUIPMENT TAL Cost Openhg b8n Additions 0i8posal8 578,206 17.988 1.880 15.5471 16,089 77,286 693,169 10.360 15,5471 Closlng balanc• 586,7t 14.321 16.089 77.286 698.002 Openlng balance Dispos818 ChaTge for th• y•ar 17.486 15,4331 3,$95 16.088 69.709 106.878 15,4331 1.301 1.207 Cbslng bal8n¢g 12,147 3,595 16,088 70,916 102,746 At 318¢ Mareh 2021 S78.206 502 7.577 586,291 Ai 318l March 2022 586.7C 2.174 .370 s.256 8 0obtor4 Duo within om or Othgr 08btor8 Prep8yments 92 1,796 1,886
Shri Guru Te h Bahadur Sahlb TE 9 Credltors 2022 2021 Amounts falling due within one year Accountancy Accruals Other creditors 2.400 5,588 16,022 24,010 1.200 1,987 692 3,879 10 Accumulatod Fund At beginning of year 732,903 736.332 sulUsIDedt) for tha y•ar 32.076 13,429) Total Fund 764.979 732,903 I the Charitys funds are unrestricted. 10