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2023-03-31-accounts
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CONTENTS |
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|
PAGE |
| Annual Report |
|
2 to 6 |
| Independent Examiner's Report |
|
7 |
| Statement o f Financial Activities |
|
8 |
| Balance Sheet |
|
9 |
| Notes to the Financial Statements |
|
10 to 15 |
| Name of Charity: |
Guru Nanak Gurdwara Bedford |
Guru Nanak Gurdwara Bedford |
|
| Registered Charity No: |
1058482 |
|
|
| Governing Document: |
Constitution (last amended 06/12/2019) |
|
|
| Address: |
84 Ford End Road, Queens Park, |
|
Bedford, MK40 4JX |
| Trustees: |
The following persons served as |
|
Members of the |
|
Executive Committee of the Gurdwara: (Management Trustees) |
|
|
|
I. |
Balraj Singh Rai |
President |
|
2. |
Nirmal Singh Josan |
V. President |
|
3. |
Surinder Singh Thandi |
V. President |
|
4. |
Dalvir Singh Panesar |
G. Secretary |
|
5. |
Hardeep Singh Rupal |
Assistant General Secretary |
|
6. |
Sukhpal Singh Gill |
Treasurer |
|
7. |
Amarjit Singh Josan |
Assistant Treasurer |
|
8. |
Sukhdev Singh Rupal |
Assistant Treasurer |
|
9. |
Jaswinder Singh Dhillon |
Registrar & School Visit Co− |
|
|
|
Ordinator |
|
10. |
Jasvinder Singh Nandha |
Wedding Co−Ordinator |
|
11. |
Satinder Singh Sangha |
Health & Safety Officer |
|
12. |
Gwjit Kaur josan |
Kitchen Sewadar Lead |
|
13. |
Mohinder Kaur |
Kitchen Sewadar |
|
14. |
Raj winder Singh Sekhon |
Building & Maintenance Lead |
|
15. |
Amrik Singh |
Building & Maintenance Officer |
|
16. |
Kulbir Singh |
Committee Member |
|
17. |
Onkar Singh Bhangal |
Committee Member |
|
18. |
Ajaib Singh Garcha |
Committee Member |
|
19. |
Parmjit Singh Gill |
Committee Member |
|
20. |
Santokh Singh Shergill |
Committee Member |
| Bankers: |
Lloyds TSB |
|
34 High Street, |
|
Bedford |
|
MK40 1SB |
| Solicitors: |
Paul A Hillier |
|
Oval Law |
|
29 Church End |
|
Biddenham |
|
Bedford |
|
MK40 4AR |
| Accountants/Independent |
|
| Examiners: |
Hallbrookes (Accountancy) Limited |
|
14 Elstow Road |
|
Bedford |
|
MK42 9LA |
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
|
Funds |
Funds |
Funds |
Funds |
|
|
|
Notes |
31/03/2023 |
31/03/2023 |
31/03/2023 |
31/03/2022 |
|
Income |
|
|
|
|
|
|
|
Donations and Legacies |
|
(2) |
231,785 |
− |
231,785 |
229,736 |
|
Income from other charitable activities |
|
(3) |
8,000 |
|
8,000 |
6,000 |
|
Other Income |
|
(4) |
5,607 |
|
5,607 |
14,196 |
|
Total Incoming Resources |
|
|
245,392 |
|
245,392 |
249,932 |
|
Resources Expended |
|
|
|
|
|
|
|
Expenditure on raising funds |
|
|
|
|
|
|
|
Charitable activities |
|
|
168,965 |
|
168,965 |
154,218 |
|
(includes governance costs) |
|
|
|
|
|
|
|
Total Resources Expended |
• |
(5) |
168,965 |
|
168,965 |
154,218 |
|
Net Movements in Funds |
|
|
7.6,427 |
|
76,427 |
95,713 |
|
Funds at 31st March 2021 |
|
|
3,588,429 |
|
3,588,429 |
. 3,492,716 |
| − |
Total Funds at 31st March 2022 |
|
(14) |
−3,664,856 |
− |
3,664,856 |
3,588,429 |
|
|
2023 |
2022 |
|
Notes |
|
|
| Fixed Assets |
|
|
|
| Tangible Assets |
(9) |
3,517,067 |
3,582,733 |
|
|
3,517,067 |
3,582,733 |
| Current Assets |
|
|
|
| Stocks |
|
650 |
150 |
| Debtors and Prepayments |
(12) |
12,213 |
14,137 |
| Cash at Bank and in Hand |
|
287,366 |
163,399 |
|
|
300,229 |
177,686 |
| Creditors: Amounts due within one year |
(10) |
(17,376) |
(14,020) |
| Net Current Assets |
|
282,853 |
163,666 |
|
|
3,799,921 |
3,746,399 |
| Creditors: Amounts due |
|
|
|
| after more than one year |
(11) |
(135,065) |
(157,970) |
| Net Assets |
(13) |
3,664,856 |
3,588,429 |
| Financed by |
|
|
|
| Restricted Funds |
|
−_ |
|
| General Funds |
|
3,664,856 |
3,588,429 |
| Total Funds |
(14) |
3,664,856 |
3,588,429 |
|
Buildings/Improvements |
2% on rb |
|
Office Equipment |
20% on rb |
|
Fixtures & Fittings |
20% on rb |
|
Minibus |
20% on rb |
| The |
land has not been depreciated. |
|
|
|
|
2023 |
|
2022 |
|
| (2) |
DONATIONS AND LEGACIES |
|
|
|
|
|
|
General Donations |
|
194,529 |
|
224,036 |
|
|
Gift Aid |
|
37,256 |
|
5,700 |
|
|
|
|
231.785 |
|
229,736 |
|
| (3) |
OTHER CHARITABLE ACTIVITIES |
|
|
|
|
|
|
Istri −Langar |
|
8,000 |
|
6,000 |
|
| (4) |
OTHER INCOME |
|
|
|
|
|
|
Miscellaneous Income |
|
925 |
|
10,504 |
|
|
Interest received |
|
594 |
|
32 |
|
|
Bedford Borough Council Grant |
|
|
|
2,500 |
|
|
IRS Grant |
|
|
|
11.60 |
|
|
|
|
1.519 |
|
14 196 |
|
|
TOTAL INCOME |
|
241.304 |
|
249.932 |
|
| (5) |
TOTAL RESOURCES EXPENDED |
|
|
|
|
|
|
|
Basis of |
Religious |
Governance |
Total |
Total |
|
|
allocation |
Services |
|
2023 |
2022 |
|
Costs directly allocated to activities |
|
|
|
|
|
|
Salaries costs |
Direct |
16,899 |
|
16,899 |
13,891 |
|
Council Tax (for Priests) |
Direct |
− |
|
|
1,393 |
|
Motor Expenses/Travel |
Direct |
715 |
− |
715 |
1,193 |
|
Repairs, Renewals and Cleaning |
Direct |
22,950 |
− |
22,950 |
10,961 |
|
Sundries/Food |
Direct |
15,115 |
|
15,115 |
11,471 |
|
|
|
|
− |
|
|
|
Light/Heat & Water Rates |
Direct |
21,247 |
− |
21,247 |
20,328 |
|
Religious Function |
Direct |
5,481 |
− |
5,481 |
7,405 |
|
Donations |
Direct |
1,750 |
|
1,750 |
0 |
|
Bank Charges / Loan Interest |
Direct |
5,695 |
− |
5,695 |
4,094 |
|
Depreciation/Loss on Disposals |
Direct |
70,569 |
− |
70,569 |
72,662 |
|
Support Costs allocated to activities |
|
|
|
|
|
|
Premises & Administration |
Usage |
2,824 |
|
2,824 |
2,055 |
|
General Office |
Usage |
3,820 |
|
3,820 |
3,634 |
|
Legal and Professional |
Usage |
|
1,900 |
1,900 |
5,131 |
|
|
|
167,065 |
1,900 |
168,965 |
154,218 |
| This is stated after charging: |
|
|
|
31/03/2023 |
31/03/2022 |
| Depreciation/Loss on Disposal |
75,569 |
72,662 |
| Auditors Remuneration re external scrutiny |
0 |
0 |
|
31/03/2023 |
31/03/2022 |
| Wages and Salaries (including Social |
16,899 |
13,891 |
| Security Costs) |
|
|
| No employee earned more than £60,000 per annum. |
|
|
|
Land &
Buildings |
Motor
Vehicles |
Fixtures/Fittings &
Equipment |
Total |
| Cost b/fwd |
4,732,625 |
7,526 |
98,094 |
4,838,245 |
| Additions |
4,575 |
|
328 |
4,903 |
| Cost at 31/03/2023 |
4,737,200 |
7,526 |
98,422 |
4,843,148 |
| Depreciation b/fwd |
1,167,602 |
7,143 |
80,767 |
1,255,512 |
| Charge for the year |
66,962 |
76 |
3,531 |
70,569 |
| Depreciation at 31/03/2023 |
1,234,564 |
7,219 |
84,298 |
1,326,081 |
| Net Book Value |
|
|
|
|
| 31/03/2022 |
3,565,023 |
383 |
17,327 |
3,582,733 |
| 31/03/2023 |
3,502,636 |
307 |
14,124 |
3,517,067 |
|
31/03/2023 |
31/03/2022 |
| Accruals |
3,307 |
7,020 |
| Loans |
14,069 |
7.000 |
|
17,376 |
14020 |
|
31/03/2023 |
31/03/2022 |
| Loans |
135.065 |
157,970 |
|
31/03/2023 |
31/03/2022 |
| Debtors |
9,584 |
11,824 |
| Prepayments |
2,629 |
2,313 |
|
12,213 |
14.j37. |
|
|
Unrestricted |
Restricted Funds |
Total Funds |
| Tangible Fixed Assets |
|
3,517,067 |
|
3,517,067 |
| Stock |
|
650 |
|
650 |
| Debtors |
|
12,213 |
|
12,213 |
| Cash at Bank and in Hand |
|
287,366 |
|
287,363 |
| Liabilities |
S |
(152,440) |
|
(152,440) |
| Net Assets as at 31/03/2023 |
|
3,664,856 |
|
3,664,856 |
|
Balance b/fwd |
Incoming |
Resources |
Balance c/fwd |
|
01/04/2022 |
Resources |
Expended |
31/03/2023 |
| Restricted Funds |
|
|
|
|
| Unrestricted Funds |
3,588,429 |
245,392 |
168,965 |
3,664,856 |
| Total Funds |
3,588,429 |
245,392 |
168,965 |
3,664,856 |