BABA DEEP SINGH JI SHAHID CHARITABLE SOCIETY STATEMENT OF ACCOUNTS 31 MARCH 2024 CHARITY COMMISSION NO 1044987 BABA DEEP SINGH JI SHAHID CHARITABLE SOCIETY STATEMENT OF ACCOUNTS 1 YEAR TO 31 MARCH 2024 CONTENTS Page1-2. Trustee's Annual Report Page 3. Independent Examiners Report Page 4. statement of Financial Activities Page 5. Statement of Assets & Liabilities Pages 6- 7. Notes to the Accounts BABA DEEP SINGH JI SHAHID CHARITABLE SOCIETY TRUSTEE'S ANNUAL REPORT CHARITY NAME: Baba Deep Singh Ji Shahid Charitable Society REGISTERED CHARITY NUMBER: 1044987 FOR THE FINANCIAL YEAR BEGINNING: 1st April 2023 FOR THE FINANCIAL YEAR ENDING.. 31st March 2024 CHARITYS PRINCIPAL ADDRESS: 32 Manor Road Stechford Bimiingham B33 8BS BANKERS.. Bardays Bank PLC State Bank of India NAME OF THE CHARITY TRUSTEE'S.. Mr Avtar Singh Jawanda Mr Joginderpal Singh Chana Mr Jagdev Singh Chana Mr Keerat Singh Bains There has been no changes in the trustees since the last annual report of the charity in the appointment of new trustees. Descrfptlon of the charlty's trust GOVERNING DOCUMENT: Constitution OBJECTS OF THE CHARITY.. The objectives of the Charity as stated in the dedaration of Twst are to apply the trust funds and its income for the following obi8caives in the United Kingdom- . the relief of poverty the provision of financial and other forms of assistance for the care and relief of the elderly, handicapped and disabled persons. the advancement of education of children and other persons by the provision of assistance to schools, colleges and other places of education, libraries and training centres to enable the teaching of Punjabi, English. Eastem Music, arts and crafts. The provision of marriage guidan￿ to persons in need thereof and the provision of Grants and other fonns of financial assistance to widows. single parent families and orphans. The preservation and protection of good health and the relief of sickness by the provision and distribution of Ayurvedic medicine. The Charity also provides relief to the inhabitants of India by the provision of clothing and other forms of assistance through the agency of other tharities. Activities and AGhievements CHARITWS ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR: The Charity's slogan is: SARBAT DA BHALA- FOR THE WELL BEING OF ALL INVESTMENTIRESERVES.. Surplus liquid funds are placed on short-term bank accounts. The Interest eamed durlng the year amounts to £-Nil {2021- £-Nil). The trustees consider the reserves of over £100.000 to be adequate for the charity's requirements. BABA DEEP SINGH JI SHAHID CHARITABLE SOCIETY TRUSTEE'S ANNUAL REPORT FINANCIAL REVIEW AND REVIEW OF ACTIVITIES: The trustees are satisfied with the activities carried out by the charity durlng the financial year ended 31 st March 2024 The trustees and volunteers currently carry out the administration duties. The donations rec8iv8d in the year t¢)talled £7,984. (2023 - £6,935) and there was an excess of income over expenditure for the year. The charity continued to distribute Ayurvedic medicines to those in need. The trustees are grateful to all the people who have helped the charity meet its objectives during the year and Icok forward to their continued support in the future. The trustees have approved the trustee's report above. SIGNATURE.. JOGINDERPAL SINGH CHANA DATED.. 2nd July 2024 BABA DEEP SINGH JI SHAHID CHARITABLE SOCIETY INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS REPORT TO THE TRUSTEES OF.. Baba Deep Singh Ji Shahid Charitable Society REGISTERED CHARITY NUMBER: 1044987 ON ACCOUNTS FOR THE YEAR ENDED.. 31 st March 2024 SET OUT ON PAGES: 4t07 RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER.. As the Charity's trustees you are responsible for the preparation of the accounts., you consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed. It is my respJnsibility to state, on the basis of procedures specified in the General Directions given by the Charty Commission under s.145(5}(bl oflhe 2011 Act, wheth8r particular matters have com8 to my att8ntion. BASIS OF INDEPENDENT EXAMINERS REPORT.. My examination was carried out in a¢cordan¢e wtth the Gèneral Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also inGludes Consideration of any unusual items or disclosure5 in the accounts, and seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT: In connection with my examination, no matter has come to my attention to which, in my opinion, attention should be drawn in order to enable a proper und8rstanding of th8 accounts to be reached. SIGNED: DATED.. 2nd Jul 2024 AME.. Shabir Nawab & Co Accountants Ltd ADDRESS.. 11 Portland Road Edgbaston Birmingham B169HN BABA DEEP SINGH JI SHAHID CHARITABLE SOCIETY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 NOTES 2024 2023 INCOMING RESOURCES DONATION: Unrestricted Funds 7,984 6,935 Incomo from Assets Bank Interest Received Rentsl Income 19,934 16,620 TOTAL INCOMING RESOURCES 27,918 23,555 RESOURCE8 EXPENDED Dlrect Charftable Expendlture Propety Expenses Administration Expenses Fund Raising Expenses Other Expenses Finance Costs 11,666 478 817 1,205 6.360 472 295 14,171 7.127 NET INCOMING RESOURCES FOR THE YEAR 13,747 16.428 Fund Balances brought fomard 508,029 491.601 Fund Balance carried forward 521,776 508.029 The notes on page 6 to 7 fomi part of these accounts. BABA DEEP SINGH JI SHAHID CHARITABLE SOCIErY STATEMENT OF ASSETS & LIABILITIES AS AT 31 MARCH 2024 NOTES 2024 2023 FIXED ASSETS 478,782 478.782 CURRENT ASSETS Debtors Cash at Bank Cash In Hand 1,844 42,700 207 60.380 25 44,751 60,405 LESS: CURRENT LIABILITIES Creditors Sundry Loans 10 1,757 12,158 19,000 1,757 31,158 NET CURRENT ASSETS I ILIABILITIES) 42,994 29,247 NET ASSETS 521,776 508,029 FUNDS Unrestricted 521,776 508,029 521,776 508,029 Approved by the Board of Trustees on 2nd July 2024 and signed on lis behalf by JOGINDERPAL SINGH CHANA The notes on page 6 to 7 fonn part of th88e accounts. BABA DEEP SINGH JI SHAHID CHARITABLE SOCIErY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POLICIES AND FINANCIAL YEAR END Ba$ls of Accountlng The financial statements have been prepared in accordance with Accounting and Reporting by Charities: ststement of Recommended Practlce appllcable to chartties preparing their accounts in accordance with the Financlal Reportlng Standard {FRS102} and the Charities SORP and the Charities Act 2011. Change in Basis There have been no change to the valuation rules and methods of accounts'ng since last year. Changos to pr8vlou5 account No changes have been made to accounts for p￿VIouS year. TRUSTEES There wa8 no r8muneration or other benefits paid to the Charity's trustees or people connected with them, from the Charity or any campany connected ￿ryth it. There V￿r0 no tran8action8 undertaken by the Charity in which a trustee or connected per80n has a material interesL SUNDRIES The Charity does not hav8 any commitments not provided for in th8 accounts. The Charity has not given any guarantees. The Charity has not received any loans secured on any of its assets. The Charity did not have any contingent liabilities. The Charity does not receive grants as material part of its income. The Charity is exempt from tax on Its charltable acllvltles. 2024 2023 2 PROPERTY EXPENSES General Insuranc8 Heating & Lighting Repairs & Renewals WaterlGeneral Rates 1,549 3,843 5,842 432 1,480 3,542 950 388 11,866 6,360 3 ADMINISTRATION EXPENSES Postage & Telephone 478 472 478 472 4 FUND RAISING EXPENSES Food, Medicine & Provisions 817 817 5 OTHER EXPENSES Legal & Professional Fees 1,205 295 1,205 295 6 FINANCE EXPENSES Bank Charges BABA DEEP SINGH JI SHAHID CHARITABLE SOCIETY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Freehold Properties Alterntions & Improvements Motor Vehicle 7 FIXED ASSETS TOTAL COST Balance as at 1 April 2023 Additions DisDosals 458,631 20,151 478,782 Balance as at 31 March 2024 458,631 20,151 478,782 DEPRECIATION Balanc8 a8 at 1 April 2023 Charged in year Disposals Balance as at 31 March 2024 NET BOOK VALUE At 31 March 2024 458.631 20,151 478,782 At 31 March 2023 458.631 20,151 478,782 2024 2023 8 DEBTORS Prepayments: 1,844 1,844 9 CASH AT BANK Unrestricted Funds 42,700 60.380 BANK ACCOUNT ANALYSIS Barclay8 Community Account State Bank of India 41,774 926 59,449 931 42,700 60.380 10 CREDITORS Trade Creditor5 Accruals 747 1,010 11,078 1,080 1,757 12,158 11 SUNDRY LOANS Mr Joginder Pal Singh Chana 19,000 19,000 The loans are unsecured, interest free and indefinlte temis of repayment, all outstanding loans were paid off during the year.