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||CONTENTS||
|---|---|---|
|||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|
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|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|
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|||||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**|
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|||**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**|
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||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.||
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||||**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**|
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|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|
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||**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.|||
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||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|
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||31/03/2023|31/03/2022|
|---|---|---|
|Loans|135.065|157,970|
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||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|
##
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||**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**|
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