| Trustees | Mr Avtar Singh Hoonjan | |
|---|---|---|
| Mr Narinder Singh Mudhar |
||
| Mrs Narinder Nathan |
||
| Mrs Surinder Kaur Sahota |
||
| Dr Mohinder Singh Sodhi |
||
| Mrs Satbir Kaur Sokhi | ||
| Mr Balkar Khurana | ||
| Mr Ashishpal Singh |
||
| Mrs Sunder Chita | ||
| Mrs Kulwant Kaur |
||
| Mr Gurmit Singh Ahluwalia | ||
| Mr Paramjit Singh Sandhu | ||
| Charity | number | 1045458 |
| Auditor | Richard Anthony | |
| 2nd Floor Gadd House | ||
| Arcadia Avenue | ||
| London | ||
| N3 2JU |
| Page | |||
|---|---|---|---|
| Trustees' | report | 1-2 | |
| Statement | oftrustees' | responsibilities | |
| Independent auditor's |
report | 4-6 | |
| Statement | offinancial | activities | |
| Balance sheet | |||
| Notes to | the financial | statements | 9-14 |
| Richard Anthony | Richard Anthony | 29 September 2023 |
|---|---|---|
| Chartered | Accountants | |
| Statutory | Auditor | 2nd Floor Gadd House |
| Arcadia Avenue | ||
| London | ||
| N3 2JU |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| Notes | f | |||
| Income from: | ||||
| Donations and legacies Investments |
207,695 27,150 |
132,612 23,805 |
||
| Total income | 234,845 | 156,417 | ||
| Ex enditure on: | ||||
| Charitable activities |
169,011 | 127,501 | ||
| Net income for the year/ Net movement in funds |
65,834 | 28,916 | ||
| Fund balances | at 1 January 2022 | 4,200,126 | 4,171,210 | |
| Fund balances | at 31 December 2022 | 4,265,960 | 4,200,126 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | f | |||||||
| Fixed assets | ||||||||
| Tangible assets | 4,739,760 | 4,741,043 | ||||||
| Current assets | ||||||||
| Debtors | 10 | 4,867 | 4,811 | |||||
| Cash at bank and | in | hand | 48,253 | 53,383 | ||||
| 53,120 | 58,194 | |||||||
| Creditors: amounts one year |
falling | due within | 12 | (34,174) | (19,614) | |||
| Net current assets | 18,946 | 38,580 | ||||||
| Total assets less | current | liabilities | 4,758,706 | 4,779,623 | ||||
| Creditors: amounts more than one year |
falling due after | 13 | (492,746) | (579,497) | ||||
| Net assets | 4,265,960 | 4,200, 126 | ||||||
| Income funds | ||||||||
| Unrestricted funds |
||||||||
| General unrestricted | funds | 2,819,230 | 2,753,396 | |||||
| Revaluation reserve |
1,446,730 | 1,446,730 | ||||||
| 4,265,960 | 4,200,126 | |||||||
| 4,265,960 | 4,200, 126 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| F | P | |||
| Donations and |
gifts | 207,695 | 132,612 | |
| 4 | Investments | |||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2022 | 2021f | |||
| Rental income | 27,150 | 23,805 | ||
| 5 | Governance | costs | ||
| 2022 | 2021 | |||
| f | ||||
| Staff costs | 84,135 | 48,171 | ||
| Depreciation Rates |
and impairment | 2,058 2,354 |
2,283 3,844 |
|
| Insurance | 7,440 | 6,596 | ||
| Light and heat Repairs and maintenance Telephone and fax Cleaning Sundry expenses Bank charges Bank Interest Paid |
23,482 22,566 646 764 1,330 21,366 |
19,272 25,356 641 94 268 759 15,417 |
||
| Audit fees | 2,870 | 4,800 | ||
| 169,011 | 127,501 | |||
| 169,011 | 127,501 |
| Number ofemployee The average monthly |
s number of employees during the year was |
: | |
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Administration | |||
| Employment costs |
2022 | 2021 F |
|
| Wages and salaries Social security costs Other pension costs |
82,979 259 897 |
46,788 1,383 |
|
| 84,135 | 48,171 |
| Tangible fixed assets | ||||||
|---|---|---|---|---|---|---|
| Freehold | Leasehold | Plant and | Fixtures, | Total | ||
| property | property | machinery | fittings & |
|||
| equipment | ||||||
| Cost | ||||||
| At 1 January 2022 Additions |
1,167,738 | 3,560,364 | 3,668 | 27,105 775 |
4,758,875 775 |
|
| At 31 December 2022 | 1,167,738 | 3,560,364 | 3,668 | 27,880 | 4,759,650 | |
| Depreciation and impairment At 1 January 2022 Depreciation charged in the year |
3,184 73 |
14,648 1,985 |
17,832 2,058 |
|||
| At 31 December 2022 | 3,257 | 16,633 | 19,890 | |||
| Carrying amount At 31 December 2022 |
1,167,738 | 3,560,364 | 411 | 11,247 | 4,739,760 | |
| At 31 December 2021 | 1,167,738 | 3,560,364 | 484 | 12,457 | 4,741,043 |
| 10 | Debtors | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Amounts falling due within one year: |
f | ||
| Prepayments and accrued income |
4,867 | 4,811 | |
| 11 | Loans and overdrafts | ||
| 2022 | 2021f | ||
| Bank loans | 512,885 | 586,541 | |
| Payable within one year Payable after one year |
20,139 492,746 |
7,044 579,497 |
| Creditors: am | ounts | falling due within one year | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Notes | f. | f | |||
| Bank loans | 20,139 | 7,044 | |||
| Other taxation | and social security | 330 | 809 | ||
| Other creditors | 5,660 | 6,961 | |||
| Accruals and deferred | income | 8,045 | 4,800 | ||
| 34,174 | 19,614 | ||||
| Creditors: amounts | falling due after more than one year | 2022 | 2021 | ||
| Notes | |||||
| Bank loans | 492,746 | 579,497 |