## **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: - the accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination. 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** - 1 **Accounting policies** ## **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