2021-03-31-accounts

				Page
Trustees' annual report
Independent auditor's	report to	the members
Statement of financial	activities			12
Statement of financial	position			13
Notes to the financial	statements			14
The following pages	do not form part ofthe financial statements
Detailed statement of	financial	activities		24
Notes to the detailed	statement	offinancial	activities	25

Reference	and adm	inistrative	details
Registered	charity	name	Gurdwara	Siri Guru Singh Sabha
Charity registration		number	1053275
Principal oflice			Cottenham	Street
			Newcastle	Upon Tyne
			Tyne &Wear
			NE4 5QU

The trustees
		Mr G Singh	Lally
		Mr SSingh	Gill
		Mr G Singh	Sarang
		Mr SSingh	Dhillon
		Mr A Singh	Ladhar
Some of the properties	owned	by the charity	are also held		by	the trustees
the charity.
Solicitors		Sintons Law
		The Cube
		Barrack Road
		Newcastle	upon Tyne
		NE4 6DB
Bankers		Barclays Bank Pic
		Westgate Road
		Newcastle	upon Tyne
		NE4 9BN
		Santander	UK
		112-118Northumberland			Street
		Newcastle	upon Tyne
		NE1 TAG
		Lloyds Bank
		102Grey Street
		Newcastle	upon Tyne
		NE99 1SL
Auditor		Chuhan 8	Singh Partnership			Ltd
		Chartered	Accountants	&	statutory		auditor
		81 Borough Road
		Middlesbrough
		TS1 3AA

					2021	2021	2020
					Unrestricted
					funds	Total funds	Total funds
				Note	8
Income and endowments
Donations and legacies				4	169,495	169,495	433,785
Investment income				5	43,997	43,997	60,634
Total income					213,492	213,492	494,419
Expenditure
Expenditure on charitable	activities			6,7	246,874	246,874	327,700
Total expenditure					246,874	246,874	327,700
Gain in market value of investment			properties	8	(250,000)	(260,000)
Net income and net movement		in	funds		216,618	216,618	166,719
Reconciliation offunds
Total funds brought forward					3,267,204	3,267,204	3,100,485
Total funds carried forward					3,483,822	3,483,822	3,267,204

				2021		2020
			Note	8		6
Fixed assets
Tangible fixed assets			13		2,983,687	3,410,707
Investment properties			14		1,295,000	695,000
					4,278,687	4,105,707
Current assets
Cash at bank and in hand				52,864		53,321
Creditors: amounts	falling	due within one year	15	79,001		139,720
Nst current liabilities					26,137	86,399
Total assets less current		liabilities			4,252,550	4,019,308
Creditors: amounts	falling	due after more than
one year			16		768,728	752,104
Net assets					3,483,822	3,267,204
Funds ofthe charity
Unrestricted funds					3,483,822	3,267,204
Total charity funds			17		3,483,822	3,267,204

						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
						6	8	E	5
	Rents received					43,986	43,986	28,619	28,619
	Car park	income						31,971	31,971
	Other interest			receivable		11	11	44	44
						43,997	43,997	60,634	60,634
6.	Expenditure			on charitable	activities	by fund type
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2021 K	Funds	2020 6
	Temple	activities				239,840	239,840	320,865	320,865
	Support	costs				7,034	7,034	6,835	6,835
						246,874	246,874	327,700	327,700
7.	Expenditure			on charitable	activities	by activity type
						Activities
						undertaken		Total funds	Total fund
						directly	Support costs	2021	2020
						F	E	E
	Temple	activities				239,840		239,840	320,865
	Governance		costs				7,034	7,034	6,835
						239,840	7,034	246,874	327,700
8.	Gain in	market value of investment				properties
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
						F	E	E	E
	Gains/(losses)			on investment	property	250,000	250,000
9.	Net Income
	Net income		is	stated after charging/(crediting):
								2021	2020
								8	6
	Depreciation		of tangible fixed assets					77,020	77,203
10.	Auditors	remuneration
								2021	2020
								E	E
	Fees payable			for the audit ofthe financial statements				2,500	2,500

The	total	staff	costs	and	employee	benefits	for	the	reporting	period	are	analysed as	follows:
												2021	2020
													6
												36,697	49,049

Tangible fixed assets
	Land and	Fixtures and	Motor
	buildings 6	fittings	vehicles 6	Equipment	Total f
Cost
At 1 April 2020	3,860,254	140,502	38,159	15,219	4,054,134
Transfers	(350,000)				(350,000)
At 31 March 2021	3,510,254	140,502	38,159	15,219	3,704,134
Depreciation At 1 April 2020	477,352	140,502	15,264	10,309	643,427
Charge for the year	68,652		7,632	736	77,020
At 31 March 2021	546,004	140,502	22,896	11045	720 447
Carrying amount At 31 March 2021	2,964,250		15,263	4,174	2,983,687
At 31 March 2020	3,382,902		22,895	4,910	3,410,707

Investment properties
		Investment
		propertiesf
Cost or valuation
At 1 April 2020		695,000
Additions
Fair value movements		250,000
Transfer from freehold	property	350,000
At 31 INarch 2021		1,295,000
impairment
At 1 April 2020 and 31 March 2021
Carrying amount
At 31 March 2021		1,295,000
At 31 March 2020		695,000

		2021	2020
			5
Bank loans and overdrafts		44,001	69,720
Accruals and deferred	income	5,000	5,000
Other creditors		30,000	65,000
		79,001	139,720

Credi	tors: amounts falling due after more than	one year
		2021	2020
Bank	loans and overdrafts	673,728	652,104
Other	creditors	95,000	100,000
		768,728	752,104

								At
				At			Gains and 31 March 202
			1	April 2020	Income F	Expenditure F	losses 6	1 f
General	funds			3,267,204	213,492	(246,874)	250,000	3,483,822
								At
				At			Gains and 31 March 202
			1	April 2019	Income	Expenditure	losses	0
				6	6	F	6	6
General	funds			3,100,465	494,419	(327,700)		3,267,204
Analysis	ofnet assets between funds
							Unrestricted	Total Funds
							Funds	2021
							E	6
Tangible	fixed assets						2,963,687	2,983,687
Investments							1,295,000	1,295,000
Current	assets						52,864	52,864
Creditors	less than	1	year				(79,001)	(79,001)
Creditors	greater than		1 year				(768,726)	(768,728)
Net assets							3,483,822	3,483,822
							Unrestricted	Total Funds
							Funds	2020
							E
Tangible	fixed assets						3,410,707	3,410,707
Investments							695,000	695,000
Current	assets						53,321	53,321
Creditors	less than	1	year				(139,720)	(139,720)
Creditors	greater than		1 year				(752,104)	(752,104)
Net assets							3,267,204	3,267,204

		Ye	ar ended 31 March 2	021
				2021	2020
				8	E
Income and endowments
Donations and legacies
Donations				115,650	394,274
Gift Aid Received				31,049	39,511
Grants receivable				22,796
				169,495	433,785
Investment income
Rents received				43,986	28,619
Car park income Other interest receivable				11	31,971 44
				43,997	60,634
Total Income				213,492	494,419
Expenditure
Expenditure on charitable Wages and salaries Rates and water		activities		36,697 6,413	49,049 8,774
Light and heat Repairs and maintenance Insurance				31,640 12,760 4,211	41,629 27,923 14,865
Other establishment				5,818	10,879
Motor vehicle expenses Legal and professional Telephone Other office costs	fees			265 12,664 1,961	4,245 28,276 1,139 186
Depreciation Other interest payable Consumables	and similar charges			77,020 76 2,633	77,203 322 4,776
Other expenses Donations				19,490 14,000	22,786 7,979
Bank Loan interest				22,226	27,669
				246,874	327,700
Total expenditure				246,874	327,700
Gain in market value	of investment		properties
Gains/(losses) on investment		property		(250,000)
Net Income				216618	166719

Year	ended 31 March 2021
		2021	2020f
Expenditure on charitable activities
Temple activities ~ II lg d Wk ~i~6 Temple activities - wages & salaries Temple activities - rates & water Temple activities - light & heat Temple activities - repairs & maintenance Temple activities - insurance Temple activities - other establishment Temple activities - motor vehicle expenses Temple activities - professional fees Temple activities - telephone Temple activities - stationery &advertising Temple activities - depreciation Temple activities - bank interest payable and similar charges Temple activities -consumables Temple activities - other expenses Temple activities - charitable donations Temple activities - bank loan interest		36,897 5,413 31,640 12,760 4,211 5,818 265 5,630 1,961 77,020 76 2,633 19,490 14,000 22,226	49,049 8,774 41,629 27,923 14,865 10,879 4,245 21,441 1,139 186 77,203 322 4,776 22,786 7,979 27,669
		239,840	320,865
Governance costs
Governance costs - accountancy fees		4,534	4,334
Governance costs - audit fees		2,500	2,501
		7,034	6,835
Expenditure on charitable activities		248,874	327,700