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2025-03-31-accounts

Siri Guru Teg Bahadar Sahib

Charity No. 1032210

Trustees' Report and Unaudited Accounts

31 March 2025

Siri Guru Teg Bahadar Sahib Contents

Pages
Trustees' Annual Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Statement of Cash flows 8
Notes to the Accounts 9 to 14
Detailed Statement of Financial Activities 15 to 16

Page 1

Siri Guru Teg Bahadar Sahib Trustees Annual Report

Gurdwara Guru Tegh Bahadar Sahib

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1032210

Principal Office

7 St Mark's Road

Southampton Hampshire SO14 0NW

Trustees

The following trustees served during the year:

Daleep S Digwa

Gurnam S Digwa Amerik Singh Avtar Singh Narinder Singh

Key Management Personnel

President Rashpal S Digwa Vice President Karnail S Swalli Secretary Baldev S Taak Vice Secretary Amarjit S Rathore Treasurer Surinder S Swalli Vice Treasurer Malkeat S Loha

Accountants

Roger Smallman & Co Ltd Suite 20

The Director General's House 15 Rockstone Place

Southampton SO15 2EP

OBJECTIVES AND ACTIVITIES

The objectives of the charity are to promote and observe the Sikh religion and to provide a place of worship for members of the Sikh community and the wider public.

The charity also seeks to advance education by promoting the study of the Punjabi language and Sikh teachings. In addition, the charity provides support to members of the community who are in need, as determined by the Executive Committee.

The charity works closely with the wider community to deliver public benefit and to encourage cultural understanding, inclusion, and community cohesion.

Page 2

Siri Guru Teg Bahadar Sahib Trustees Annual Report

The trustees confirm that they have complied with their duty under the Charities Act to have due regard to the guidance on public benefit published by the Charity Commission when reviewing the charity’s objectives and planning its activities.

The charity provides public benefit by:

1 Promoting the Sikh religion and providing a place of worship open to the public.

2 Supporting the education of members through the study of Punjabi language and Sikh teachings.

3 Organising religious, educational, and community activities.

4 Providing assistance to members of the community who are in need.

These activities contribute positively to the spiritual, educational, and social wellbeing of the community.

ACHIEVEMENTS AND PERFORMANCE

During the year ended 31 March 2025, the charity continued to provide regular religious services and community-based activities for members and visitors.

Key activities during the year included:

1 Regular Sikh religious services and prayer gatherings.

2 Celebration of major Sikh religious festivals and events.

3 Educational activities promoting the Punjabi language and Sikh teachings.

4 Community engagement initiatives promoting inclusivity and cultural awareness.

5 Providing assistance and support to members of the community experiencing hardship.

The Gurdwara remained open to the public and continued to provide a welcoming environment for worship, reflection, and community support.

FINANCIAL REVIEW

The trustees are responsible for ensuring that the charity’s financial resources are managed effectively and used solely in furtherance of its charitable objectives.

The charity’s income is primarily derived from voluntary donations and contributions from members of the congregation and supporters within the wider community. These funds are used to support the maintenance and operation of the Gurdwara, religious services, educational activities, and community support initiatives.

The trustees continue to maintain appropriate financial controls and oversight to ensure responsible management of the charity’s funds and the long-term sustainability of its activities.

The results for the year are set out in the Statement of Financial Activities on page 6 of the financial statements.

For the year ended 31 March 2025, the charity recorded a surplus of £5,923 (2023/2024: surplus of £3,329). This surplus has been transferred to the unrestricted accumulated fund to support the ongoing activities and objectives of the charity.

PLANS FOR FUTURE PERIODS

The trustees remain committed to promoting the Sikh faith and supporting the spiritual, educational, and social needs of the community.

Page 3

Siri Guru Teg Bahadar Sahib Trustees Annual Report

Future priorities include:

1 Continuing regular religious services and community programmes.

2 Expanding educational initiatives relating to Punjabi language and Sikh teachings.

3 Strengthening engagement with the wider community.

4 Providing continued support to individuals and families in need.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Shri Guru Tegh Bahadur Sahib is a registered charity governed by its constitution. The charity is managed by an Executive Committee whose members act as trustees of the organisation.

The trustees are responsible for the overall governance, strategic direction, and financial management of the charity. Trustees are appointed or elected in accordance with the rules set out in the charity’s governing document.

The Executive Committee meets regularly to review the charity’s activities, oversee financial matters, and ensure that the charity operates in accordance with its objectives and complies with relevant legal and regulatory requirements.

The trustees recognise their responsibility to identify and manage risks that may affect the charity’s activities. Appropriate procedures and internal controls are in place to safeguard the charity’s assets and ensure effective management of its operations.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

Narinder Singh Trustee 16 July 2026

Daleep Singh Digwa Trustee 16 July 2026

Page 4

Siri Guru Teg Bahadar Sahib Independent Examiners Report

Independent Examiner's Report to the trustees of Siri Guru Teg Bahadar Sahib

I report to the trustees on my examination of the financial statements of Siri Guru Teg Bahadar Sahib for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in

connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

C C Gunning ACA Roger Smallman & Co Ltd Suite 20 The Director General's House

15 Rockstone Place Southampton SO15 2EP 16 July 2026

Page 5

Siri Guru Teg Bahadar Sahib Statement of Financial Activities

for the year ended 31 March 2025

----- Start of picture text -----
Unrestricted
funds Total funds Total funds
2025 2025 2024
Notes £ £ £
Income and endowments
from:
Donations and legacies 3 52,851 52,851 51,700
----- End of picture text -----

Investments
4
Other
5
Total
Expenditure on:
Other
6
Total
Net gains on investments
Net income
7
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
20,711 20,711 19,909
29,760 29,760 28,529
103,322 103,322 100,138
97,399 97,399 96,809
97,399 97,399 96,809
- - -
5,923 5,923 3,329
- - -
5,923 5,923 3,329
5,923 5,923 3,329
791,379 791,379 788,050
797,302 797,302 791,379

Page 6

Siri Guru Teg Bahadar Sahib Balance Sheet at 31 March 2025

Charity No. 1032210
Fixed assets
Tangible assets
9
Investments
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors:Amount falling due within one year
12
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
13
Unrestricted funds
13
General funds
Reserves
13
Total funds
Approved by the trustees on 16 July 2026
2025
£
329,652
368,206
697,858
2,303
115,936
118,239
(18,795)
99,444
797,302
797,302
797,302
797,302
797,302
797,302
2024
£
285,411
368,206
653,617
2,157
163,629
165,786
(28,024)
137,762
791,379
791,379
791,379
791,379
791,379
791,379

And signed on their behalf by:

Narinder Singh Trustee 16 July 2026

Daleep Singh Digwa Trustee 16 July 2026

Page 7

Siri Guru Teg Bahadar Sahib Statement of Cash flows

for the year ended 31 March 2025

Cash flows from operating activities
Net income per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Loss on disposal of tangible fixed assets
Dividends, interest and rents from investments
(Increase)/Decrease in trade and other receivables
(Decrease)/Increase in trade and other payables
Net cash used in operating activities
Cash flows from investing activities
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash used in investing activities
Net cash from financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
2025
£
5,923
6,931
-
(50,471)
(146)
(9,229)
(46,992)
(51,172)
50,471
(701)
-
(47,693)
163,629
115,936
2024
£
3,329
2,816
1
(48,438)
2,261
10,810
(29,221)
(65,098)
48,438
(16,660)
-
(45,881)
207,558
161,677
Components of cash and cash equivalents
Cash and bank balances 115,936 163,629
115,936 163,629

Page 8

Siri Guru Teg Bahadar Sahib Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

Siri Guru Teg Bahadar Sahib Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

useful life:
Freehold property % Nil
Kitchen Equipment 20% Straight Line
Motor Vehicle 20% Straight Line
Fixtures, Fittings and
Equipment
5 or 20% Straight Line

Due to the very high annual maintenance of the property known as 7 St Mark's Road, no depreciation has been provided

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 10

Siri Guru Teg Bahadar Sahib Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Investments
Total
Expenditure on:
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Ardase
Golak
Bhadaan
Bhajia & Other Income
Unrestricted
£
12,165
24,261
11,503
4,922
52,851
Unrestricted
funds
2024
£
80,229
19,909
100,138
96,809
96,809
3,329
3,329
3,329
788,050
791,379
Total
2025
£
12,165
24,261
11,503
4,922
52,851
Total funds
2024
£
80,229
19,909
100,138
96,809
96,809
3,329
3,329
3,329
788,050
791,379
Total
2024
£
15,915
21,405
8,938
5,442
51,700

Page 11

Siri Guru Teg Bahadar Sahib Notes to the Accounts

4 Income from investments

Rental Income
Bank Interest
5
Other income
Membership Fees
6
Other expenditure
Food and Provisions
Donations
Priest costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
7
Net income before transfers
This is stated after charging:
Depreciation of owned fixed assets
8
Staff costs
Priest wages
No employee received emoluments in excess of £60,000.
Unrestricted
£
20,700
11
20,711
Unrestricted
£
29,760
29,760
Total
2025
£
20,700
11
20,711
Total
2025
£
29,760
29,760
Total
2024
£
19,900
9
19,909
Total
2024
£
28,529
28,529
Unrestricted
£
9,988
688
21,767
2,712
46,851
6,931
5,086
3,376
97,399
2025
£
6,931
2025
21,767
21,767
Total
2025
£
9,988
688
21,767
2,712
46,851
6,931
5,086
3,376
97,399
Total
2024
£
13,834
551
16,012
1,507
55,917
2,817
4,663
1,508
96,809
2024
£
2,816
2024
16,012
16,012

Page 12

Siri Guru Teg Bahadar Sahib Notes to the Accounts

9 Tangible fixed assets

9
Tangible fixed assets
Land and
buildings
£
Cost or revaluation
At 1 April 2024
218,500
Additions
-
At 31 March 2025
218,500
Depreciation and
impairment
At 1 April 2024
-
Depreciation charge for the
year
-
At 31 March 2025
-
Net book values
At 31 March 2025
218,500
At 31 March 2024
218,500
10 Investments
Cost or revaluation
At 1 April 2024
At 31 March 2025
Net book values
At 31 March 2025
At 31 March 2024
11 Debtors
Prepayments and accrued income
12 Creditors:
amounts falling due within one year
Other creditors
Accruals
Kitchen
Equipment
Motor
Vehicle
Fixtures,
Fittings and
Equipment
£
143,728
50,044
193,772
77,858
6,506
84,364
109,408
65,870
Freehold
Investment
Property
£
368,206
368,206
368,206
368,206
Total
£
392,637
51,172
£
14,320
1,128
15,448
13,280
424
13,704
1,744
1,040
£
16,089
-
16,089
16,088
1
16,089
-
1
2025
£
2,303
2,303
2025
£
3,054
443,809
107,226
6,931
114,157
329,652
285,411
Total
£
368,206
368,206
368,206
368,206
2024
£
2,157
2,157
2024
£
3,054
15,741 24,970
18,795 28,024

Page 13

Siri Guru Teg Bahadar Sahib Notes to the Accounts

13 Movement in funds

Restricted funds:
Unrestricted funds:
General funds
Total funds
14 Analysis of net assets between funds
Fixed assets
At 1 April
2024
791,379
791,379
Incoming
resources
(including
other
gains/losses
)
£
103,322
103,322
At 1 April
2024
£
Resources
expended
£
(97,399)
(97,399)
Unrestricted
funds
£
329,652
At 31
March
2025
£
797,302
797,302
Total
£
329,652
Investments 368,206 368,206
Net current assets
15 Reconciliation of net debt
Cash and cash equivalents
Net debt
99,444
797,302
Cash flows
£
99,444
797,302
At 31
March
2025
£
163,629 (47,693) 115,936
163,629
163,629
(47,693)
(47,693)
115,936
115,936

Page 14

Siri Guru Teg Bahadar Sahib Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from:
Donations and legacies
Ardase
Golak
Bhadaan
Bhajia & Other Income
Investments
Rental Income
Bank Interest
Other
Membership Fees
Total income and endowments
Expenditure on:
Other expenditure
Food and Provisions
Donations
Priest costs
Priest wages
Motor and travel costs
Travel and subsistence
Premises costs
Rates
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of Kitchen
Equipment
Depreciation of Motor Vehicle
Unrestricted
funds
2025
£
12,165
24,261
11,503
4,922
52,851
20,700
11
20,711
29,760
29,760
103,322
9,988
688
10,676
21,767
21,767
2,712
2,712
6,238
22,920
3,112
14,581
46,851
424
1
Total funds
2025
£
12,165
24,261
11,503
4,922
Total funds
2024
£
15,915
21,405
8,938
5,442
52,851 51,700
20,700
11
19,900
9
20,711 19,909
29,760 28,529
29,760 28,529
103,322
9,988
688
100,138
13,834
551
10,676 14,385
21,767 16,012
21,767 16,012
2,712 1,507
2,712 1,507
6,238
22,920
3,112
14,581
4,320
42,997
1,830
6,770
46,851 55,917
424
1
376
-

Page 15

Siri Guru Teg Bahadar Sahib Detailed Statement of Financial Activities

Depreciation of Fixtures, Fittings
and Equipment
Loss on disposal of tangible fixed
assets
Equipment expensed
General insurances
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
6,506
-
130
2,861
96
800
1,199
12,017
1,188
2,188
3,376
97,399
97,399
-
5,923
5,923
-
5,923
6,506
-
130
2,861
96
800
1,199
2,440
1
-
2,722
59
835
1,047
12,017 7,480
1,188
2,188
2,142
(634)
3,376 1,508
97,399 96,809
97,399
-
96,809
-
5,923 3,329
5,923
-
3,329
-
5,923 3,329
791,379 788,050
791,379
797,302 797,302 791,379

Page 16