## **Trustees' Annual Report for the period**
Period start date Period end date 01 04 2022 31 03 2023
From
To
## Section A Reference and administration details
**Charity name**
Guru Nanak Satsang Sikh Temple
**Other names charity is known by**
||**Registered charity number (if any)** 1044348
**Charity's principal address** 198 – 204 Cannock Road
Wolverhampton
West Midlands
**Postcode**
**WV10 0AL**
~~ee~~|**Registered charity number (if any)** 1044348
**Charity's principal address** 198 – 204 Cannock Road
Wolverhampton
West Midlands
**Postcode**
**WV10 0AL**
~~ee~~|**Registered charity number (if any)** 1044348
**Charity's principal address** 198 – 204 Cannock Road
Wolverhampton
West Midlands
**Postcode**
**WV10 0AL**
~~ee~~|
|---|---|---|---|
||**Names of the charity trustees who manage the charity**|||
||**Trustee name**|**Office (if any)**
**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|1|Gurmukh Singh|||
|2|Harvinder Singh Chatha|||
|3|Jasbir Singh Sidhu|||
|4|Ranjit Singh|||
|5|Rajinder Tutt|||
|6||||
|7||||
|8||||
|9||||
|10||||
|11||||
|12||||
|13||||
|14
15
16
17
18
19
20|**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
~~=== =~~|||
||**Name**|**Dates acted if not for whole year**||
March **2012**
**TAR**
1
|**Names and addresses of**|**advisers (Optional information)**|**advisers (Optional information)**|
|---|---|---|
|**Type of adviser**|**Name**|**Address**|
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
- (eg. trust deed, constitution)
Constitution
How the charity is constituted Trust
- (eg. trust, association, company)
Trustee selection methods
- (eg. appointed by, elected by)
Committee
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
The Guru Nanak Satsang Sikh Temple is committed to providing. effective facilities for the practice of the religion, enabling as many **Summary of the objects of the** people as possible to worship at the temple and become part of the **charity set out in its** community. **governing document**
March **2012**
**TAR**
2
In planning activities for the year, the Temple has considered the Commission’s guidance on public benefit, with particular regards to the guidance on charities for the advancement of religion. In this light, we try to enable the community at large to practice their faith through the following activities:
Regular ceremonies in line with normal practice of the faith allowing members to pray and worship
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
Specific functions throughout the year in respect of special events and celebrations important to the Sikh faith Functions for community members for specific occasions, such as blessings for birthdays etc Education for all members of the community, learning more about the fundamentals of the religion and developing knowledge on its practice through life
Entertainment events to promote and enrich the community
Fund raising events to gather donations for the maintenance of Facilities
- Regular intervals of free meals are being provided to people in need.
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
**==> picture [370 x 313] intentionally omitted <==**
March **2012**
**TAR**
3
Section D Achievements and performance
**Summary of the main** The trustees are pleased with the performance of the Temple this **achievements of the charity** year. The congregation has grown in the year as more of the community has **during the year** come to pray and worship. As a result, investment was made by the Temple into a New Food Mixer and upgrading the Audio & Visual Equipment’s in the Temple to meet and address the community in need.
March **2012**
**TAR**
4
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
**Details of any funds materially in deficit**
Surplus funds are held are treated as reserves. These will be used to meet unanticipated obligations arising for the Temple.
**==> picture [370 x 47] intentionally omitted <==**
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)** Gurmit Singh
**Position (eg Secretary, Chair,** Secretary
**etc)**
**Date** 30/12/2023
March **2012**
**TAR**
5
Charity Reg. No. 1044348
GURU NANAK SATSANG SIKH TEMPLE
## FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
HKM & CO. LTD CHARTERED CERTIFIED ACCOUNTANTS 2ND FLOOR 48 QUEEN STREET WOLVERHAMPTON WV1 3BJ
Charity Reg. No. 1044348
## GURU NANAK SATSANG SIKH TEMPLE
## **Charity Information**
## **Registered Charity Address**
198-202 Cannock Road Wolverhampton West Midlands WV10 0AL
## **Trustees**
Mr Gurmukh Singh Harvinder Singh Chatha Jasbir Singh Sidhu Ranjit Singh Rajinder Tutt
## **President**
Mr B S Atwal
## **Secretary**
Mr G Singh
## **Treasure**
Mr B S Gill
## **Accountants**
HKM & Co Ltd Chartered Certified Accountants 2nd Floor Wolverhampton West Midlands WV1 3BJ
1
Charity Reg. No. 1044348
## GURU NANAK SATSANG SIKH TEMPLE
## **Approval statement**
We approve the financial statements for the year ended 31 March 2023 which comprise of the Income and Expenditure account, the Balance Sheet and the related notes. We acknowledge our responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing HKM & Co Ltd with all information and explanations necessary for their compilation.
Mr B S Atwal President
Mr G Singh Mr B S Gill Secretary Treasurer
26 December 2023
2
Charity Reg. No. 1044348
GURU NANAK SATSANG SIKH TEMPLE
## **Accountants' report on the unaudited accounts**
You have approved the Financial Statements for the year ended 31 March 2023 which comprise the Income and Expenditure account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.
HKM & Co Ltd Chartered Certified Accountants 2nd Floor 48 Queen Street Wolverhampton West Midlands WV1 3BJ
26 December 2023
3
Charity Reg. No. 1044348
## GURU NANAK SATSANG SIKH TEMPLE
## **Statement of Financial Activities for the year ended 31 March 2023**
|**Incoming resources**
Donations
Grants
Direct Expenses
**Gross profit**
**Total incoming resources**
**Resources expended**
Wages, salaries and other staff costs
Car, van and travel expenses
Rent, rates, power and insurance costs
Repairs and renewals
Telephone, fax, stationery and other office costs
Advertising and business entertainment costs
Interest on bank and other loans
Donations
Accountancy, legal and other professional fees
Depreciation
Other business expenses
**Total resources expended**
**Net movement in funds**
**Total funds brought forward**
**Total Funds carried forward**|**2023**
**£**
164,882
-
5,773
159,109
**159,109**
39,610
2,725
56,528
2,003
2,092
875
5,492
400
2,208
5,894
160
**117,987**
**41,122**
1,249,895
**1,291,017**|**2022**
**£**
115,857
4,272
-
120,129
**120,129**
32,739
-
29,129
1,161
2,360
350
2,326
2,670
792
4,527
-
**76,054**
**44,075**
1,205,820
**1,249,895**|
|---|---|---|
4
Charity Reg. No. 1044348
## GURU NANAK SATSANG SIKH TEMPLE
## **Balance Sheet as at 31 March 2023**
|**Notes**
**Fixed assets**
Equipment, machinery and motor vehicles
3
Other fixed assets
4
**Current assets**
Bank/building society balances
Cash in hand
Other current assets and prepayments
**Current liabilities**
Trade creditors
Other liabilities and accruals
5
**Net current assets**
Loans due after more than one year
6
**Net assets**
**Funds of the Charity:**
Unrestricted funds:
General funds
**Total Charity Funds**|75,225
-
1,456
76,681
7,630
29,932
37,562|**2023**
**£**
23,579
1,372,409
1,395,988
39,119
(144,090)
**1,291,017**
1,291,017
**1,291,017**|50,834
5
485
51,324
1,248
33,409
34,657|**2022**
**£**
18,108
1,372,409
1,390,517
16,667
(157,289)
**1,249,895**
1,249,895
**1,249,895**|
|---|---|---|---|---|
_The notes at pages 6 to 8 form part of these accounts_
Approved by the trustees on date and signed on their behalf by:
Mr B S Atwal President
26 December 2023
5
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**Report to the trustees/ members of** Guru Nanak Satsang Sikh Temple **On accounts for the year Charity no** 1044348 **ended** 31[st] March 2023 **(if any) Set out on pages** 4 & 5 of the Financial Statements I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/03/2023. Responsibilties and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts 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** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached.
**==> picture [462 x 118] intentionally omitted <==**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|Signed:|Harjinder Kumar Momi|Date:|30/12/2023|
|Name:|Harjinder Kumar Momi|
|Relevant professional|The Association of Chartered Certified Accountants|
|qualification(s) or body|
|(if any):|
|Address:|Second Floor, 48 Queen Street, Wolverhampton, WV1 3BJ|
**----- End of picture text -----**
1
**Oct 2018**
**IER**
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**Oct 2018**
**IER**