Charity registration number 1058482 GURU NANAK GURDWARA BEDFORD ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 GURU NANAK GURDWARA BEDFORD ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 CUNTENTS Trustees, report Statement of tsuste£s' resEx)nsibiliti&s Independent auditor's report Statement of financial activities 10 Balance sheet Statement of cash flows 12 Notes to the financial statements 13-20 GURU IYANAK GURDWARA BEDFORD A￿￿'uAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Name of Charity: Guru Nanak Gurdwara Bedford Registered Charity Iyo: 1058482 Governing Document: Constitution (last amcnded 0611212019) 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} Mana en)ent Committee Onkar Singh Bhangal Nirn]al Singh Josen Sansar Singh Dhillon Surinder Singh Thandi Satvinder Kaur Sukhpal Singh Gill Sukhdev Singh Rupal President V. President V. President G. Secretary Assistant General Secretary Treasurer Assistant Treasurer Committee Members Aneeta Kaur Mann Administration Manjil Kaur Administration 10. Balbir Singh Sembhi Building Maintenance Gurpal Singh Grewal Chairperson 12. Gurpreet Singh Singhota Co-ordinator 13. Amarjit Singh Josan Education 14. Balbir Kaur Nijjer Health and Safety/Hygiene 15. Guriit Kaur Josen Health and SafetylHygiene 16. Satinder Singh Sangha Health and Safety/Hygiene 17. Dalbir Singh Sangha Sewadar 18. Guryiar Singh Sewadar 19. Mohinder Kaur (Co-opted) Sewadar 20. Prabhnihal Singh Josan Sewadar {Co-opted) 21. Jaswinder Singh Dhillion 22. Avtar singh Mutti 23. Jaswant Singh Gill 24. Sanlokh Singh Shergill 25. Pannjit Singh Gill Stage Secretary Assistant Stage Secretary Treasury Treasury Treasury In addition to the above, the following members act as Holding Trustees of the Gurdwara, who will take over if the Executive Committee is dissolved: Sohan Singh Garcha Major Singh Dayal Makhan Singh Chandi Nachattar Singh Judge GURU NANAK GURDWARA BEDFORD ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Bankers: Lloyds TSB 34 Hi¥h Stieet, Bedford MK40 ISB Solicitors: Paul A Hillier Oval Law 29 Church End Biddenham Bedford MK40 4AR AccountaDts Hallbrookes (Accountancy) Limited 14 Elstow Road Bedford MK42 9LA Auditors: BK Plus Audit Limitcd Suite GA St George's House Lever Street Wolverhampton West Midlands WV2 IEZ Principal Address: 84 Ford End Road Queens Park Bedford MK40 4JX GURU NANAK GURDWARA BEDFORD AN￿uAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Structure Governance and Mana ement The charity is an unincorporated organisation. It is governed by the regulations set out in its constitutton. New Board members are elecled every two years at the Annual General Meeting (AGM). The AGM is held annually in June/July. The constilution was last amended on 0611212019. The administration and management of the Gurdwara is in the hands of an Executive Committee (Management Trustees) of 30 members (including co-opted members). The 4 custodian members are not elected every 2 years but are life serving members. The trustees meel at least 12 times a year. The meinbership of the Gurdwara will be subject to the approval of ihe Executive Committee Trustees. The management board is aware of the polential risks to the charity, including financial risks, and has in]plemenled strategies to control or minimise these risks. Assessments have been undertaken of the major risks, governance and compliance with law and regulations. Ob'ectives and Activities for the Public Benefit The Gurdwara has been in existence ever since 1960 as a Place of Worship for the Sikh Community, at 72 Ford End Road, Bedford. A few years ago, the previous Social Centre at 84 Ford End Road, was purchased Freehold and has now been converted into a modern Gurdwara for worshipers. The new Gurdwara and Community Centre was completed in 2007/08 on this site (84 Ford End Road). The Gurdwara started providing religious services from April 2007 and the Community Centre was opened in January 2008 for use by the Community for social and religious functions. The sit¢ has now becom¢ th¢ focal centr¢ wh¢r¢ Sikhs & Non-sikhs get together to celebrate religious functions and discuss multi-faith issues. Objects: The objects of the Gurdwara (Charity) are lo advance, perniit and propagate the Sikh r¢ligion in Bedford and surrounding areas (a Place of Worship). by celebrating the principal Sikh Religious Festivals, by extending a welcome to all Sikhs newly arrived in or visiting Bedford, and to manage the Gurdwara in accordance with Sikh tenets and local government rules and regulations. The charity's Irustees have regarded that the services undertaken do benefit the public. All the charitabl¢ activities focus on the advancement of the Sikh r¢ligion, counselling advicc and inforniation to the community. Regisl¢red Charity No. 1058482 GURU NANAK GURDWARA BEDFORD ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Achievements and Performance A ril 2024- March 2025 During the year the Gurdwara has had many achievements: l. Over the last twelve months, worshipper attendance has increased. 2. Amrit Sanchar (Sikh Baptism) ceremony was carried oui for the consecutive year during Vaisakhi celebrations. 3. Greater varlety ofprogramsl samagams by various jatehbandiyan. 4. Continuation of Maths, English and Science tuition, Boxing club and Kirtan classes to encourage younger members of the community to altend the Gurdwara. 5. Improvements with the use of technology such as the daily Hukamnama Sahib displayed on a TV screen. Future Plans l. Create four new Panjabi school classrooms and a new Pn'est bedroom. 2. Upgrade lighiing in new Darbar Sahib and car park to LED, which will reduce electricity usage Financial Review The charitable organisation services are mainly reliant on voluntary income from the congregation. A summary statement of the financial activities for the year is shown on page l O of the accounts. This shows that during the year the total income of £309,668 was received and after expenses a net surplus of £90,045 was added to reserves. During the year Guru Nanak Gurdwara also received Gift Aid tax relief of £35,540 (included in the total income mentioned above). The Gurdwara's current reserves policy is simply to maintain sufficient cash flow for known commitments and running costs for the next 6 months. The trustees have forecast the level of free reserves (bank and cash reserves) as being £573,804 which is all in the fonn of unrestricted funds. The investment policy has been to choose the best deposit account available from the Gurdwara's existing and oth¢r bankcrs. Registered Charity No. 1058482 GURU NANAK GURDWARA BEDFORD ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 StatemeDt of Trustees, Res onsibilities The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. The trustees are required by law to prepare accounts for each financial year, which give a true and fair view of the financial activities of the charity and its financial position at tlie end of tliat year. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. - make judgments and estimates that are reasonable and prudent. slate whether accounting standards and statement of recommended practice have been followed subject to any material dq)artures disclosed and cxplained in the accounts" prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that ihe charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of charity and to enable ihem lo ensiire that financial *tatemenl8 comply with the Charities Act 201 I, the applicable Charities (Accounls and Reports) Regulations. They are also responsible for safeguarding ihc assets of th¢ charity and hence for taking r¢asonabl¢ stcps for th¢ prevention and dctection of fraud and other irregularities. Accountants l Auditors Messrs. Hallbrookes (Accountancy) Limited ar¢ willing to continu¢ in offic¢ as Accountants and BK Plus Audit Ltd as Auditors for the ensuing year 2025126. Approval This report was approved by the trustees on 16 Dec¢mb¢r 2025 and signed on their behalf. Onkar Singh Bhangal Surinder Singh Thandi (President) (General Secretary) Registered Charity No. 1058482 GURU NANAK GURDWARA BEDFORD INDEPENDENT AUDITOR'S REPORT TO THF. TRIISTF.F.S OF GIIRII NANAK GItRDWARA BEDFORD FOR TIIE YEAR ENDED 31 MARCH 2025 Opinion We l)ave audited the financial stalements of Guru Nanak Gurdwara (Bedford) for the year ended 31 st March 2025 which comprise the statement of financial activities, the balance sheet and the notes to the financial stalements, including significanl accounting policies. The financial reporting framework that has been applied in iheir preparalion is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charity's affairs as at 31 st March 2025 and of ils incoming resources and application of resources, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice and have been prepared in accordance with the requirements of the Charities Act 2011 Basis for opinion We Conducted our audit in accordance with Internal standards on Auditing (UK) ISAS (UK) and applicable law. Our responsibililies under those standard are further described in the Auditor's responsibilities for the audit of thc financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in ihe UK, including the FRC'S Ethical Standards and we have ￿lfilled our oiher ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficienl and appropriate to provide a basis for our opinion. Conclusion relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on ihe work we have perfonned, we have not identified any material uncertainties relating to events or conditions that individually or colleclively may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of ihe Trustees with respect to going concern are described in the relevant sections of ihis report. Other Inforn)ation The other information comprises the infonnation included in the annual report other than the financial statements and our auditors repon thereon. The Trusiees are responsible for the other infonnation contained within the annual report, Our opiiiion on the financial statements docs nol cover thc other inforniation and we do not express any forn] of assurance conclusion thereon. Our responsibility is to read the other infonnalion and, in doing so, consider whether the other inforn]ation is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to deterniine whether this gives rise to a material misstatemenl in the financial stalemenls themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this otlier infonnation, we are required to report ihat fact. We have nothing to report in this regard. Registered Charity No. 1058482 GURU NANAK GURDWARA BEDFORD INDEPENDENT AUDITOR'S REPORT CONTINUED TO THE TRUSTEES OF GURU NANAK GURDWARA BEDFORD FOR THE YEAR ENDED 31 MARCH 2025 Matters on Ivhich we are re uired to re ortb exce tion We have nothing to report in respecl of the following matters in relation to which the Charities (Accounts and Reports) Regulation 2008 require us to report to you if, in our opinkon: the infomiation given in the financial statements is inconsistent in any material respect with the trustees, report. or sufficient accounting records have not been kept; or the financial statements are not in agreement with the accounting records and returns. or we have not received all the inforniation and explanations we require for our audit. Responsibilities of Trustees As explained more fully in the statement of trustees responsibilities, the Trustees are responsible for the preparation of the financial statements and for bien satisfied that they give a true and fair view, and for such internal control as the Trustees detern]ine is necessary to enable the prq)aration of financial slatements that are free from material misstatemcnts whether due to fraud or error. In preparing the financial statements the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing as applicable matters related io going concern and using the going concern basis of accounting unlcss the Trustees either intend to cease operations, or have no realistic alternative but to do so. Auditors responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and repot in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in ihe aggregate, they could reasonably be expecled to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of noncompliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. Th¢ extent to which our procedures are capable of detecting irregularities, including fraud, is detected below. From the preliminary of the audit, we ensure our understanding of th¢ entity is up to datc. This includes, bul is not limited to, current knowledge of their activittes, the business and control environments, and their compliance wilh the applicable legal and regulatory frameworks. This inforniation supports our risk identification and the subsequent design of audil procedures to mitigate those risks" ensuring that the audit evidence obtained is sufficienl and appropriate to support our opinion. Registered Charity No. 1058482 GURU NANAK GURDWARA BEDFORD INDEPENDENT AUDITOR'S REPORT CONTINUED TO THE TRUSTEES OF GURU NANAK GURDWAIL4 BEDFORD FOR THE YEAR ENDED 31 MARCH 2025 In response to the risks identified, specific to this entity, we design procedures which included, but were not limiled to: Enquiry of management and those charged with governance around actual and potential litigation and claims. Reviewing minutes of tneetings of those charge with governance, if available; Reiiiewing financial slalemeni disclosures and testing to supporting documentation to assess compliance with appliable laws and regulations. Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluation the business rationale for significant transactions outside the nonnal course of business. A further description of our responsibilities is available on the Financial Reporting Councils website at ht s://www.frc.or .uUauditorsres onsibilties. This description fom]s part of our auditor's report. Other Matters Your attention is drawn to the fact that the charity has prepared in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the I IK And Repijblic of Ireland (FRS 102) (as amended) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on l April 2005 which is referred to in the extant regulations but has now been withdrawn. This has been done in order for the to provide a true and fair view in accordance with current Generally Accepled Accounting Practice. Use of our report This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters w¢ arc required to state to them in an auditoi"'s report aiid foi. no otli¢i' purpos¢. To Ilic full¢bl cxlcnl pctmitted by law, we do not accept or assume responsibility to anyone other than the charity and the charily's trustees as a body, for our audit work, for this report, or for the opinions we have fonned. Andrew Williams FCCA Senior Statutory Auditor for and on behalf of BK Plus Audit Limited Suite GA Si George's House Lever Street Wolverhampton West Midlands WV2 IEZ Date: 16 December 2025 BK Plus Audit Limited is eligible for appoinlmenl as an auditor of the ckiarity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. Regislered Charity No. 1058482 GURU NANAK GURDWARA BEDFORD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 INCOME AND EXPENDITURE Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Notes Income Donations and Legacies Income froin other charitable activities Other Incoine (2) 293,478 293,478 333,611 (3) 16,190 16,190 10,834 Total Incoming Resources 309,668 309,668 344,445 Resources Expended Expenditure on raising fijndg Charitable aclivities (includes governance costs) 219,623 219,623 184.504 Total Resources Expended (4) 219,623 219,623 184,504 Net Movements in Funds 90,045 90,045 159,941 Funds at 31st March 2024 3,823,537 3,823,537 3,663,596 Total Funds at 31st March 2025 (13) 3,913,582 3,913,582 3,823,537 The notes on pages 13 - 20 fonn an integral part of th¢ financial statements io Registered Charity No. 1058482 GURU NANAK GURDWARA BEDFORD BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed Assets Tangible Assels (8) 3,447,136 3,447,136 3,447,299 3,447.299 Current Assets Stocks Debtors and Prepayments Cash at Bank and in Hand 1,400 8,463 573,804 583,667 1,200 5,278 498,984 505.462 (11) Creditors: Amounts due within one ear (9) (44,219) (38,521) Net Current Assets 531,998 466,941 Creditors: Amounts due after more than one ear (10) (72,552} (90,703) Net Assels (12) 3,913,582 3,823,537 Financed b Restricted Funds General Funds 3,913,582 3,823,537 Total Funds (13) 3,913,882 3,823,537 Approved by us on 16 December 2025 for and on behalf of all the trustees. Onkar Singh Bhangal Surinder Singh Thandi (President) (General Secretary) The notes on pagcs 13 - 20 forni an intcgral part of tlic financial statCTncnt5 Registered Chariiy No. 1058482 GURU NANAK GURDWARA BEDFORD STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 Note 2025 2024 Cash used in operating activities 128,614 202,444 Cash flows from investing activities Interest income 16,089 9,174 Purchase of tangible fixed assets (69,883) Proceeds from sale of fixed assets Cash prO￿ded by (used in) investing activities 53,794 9,174 Change in cash and cash equivalents in the reporting year 74,820 211,618 Cash and cash equivalents at the beginning of the year 498,984 287,366 Total cash and cash equivalents at the end of the year 573 804 498,984 Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 N¢1 movemenls in funds Add back depreciation charge Deducl interest income shown in investing activities Decrease (increase) in debtors Increase (decrease) in creditors 90,045 70,046 (16,089) (3,384) (12,004) 159,941 68,509 (9,174) 6,385 {23,217) Net cash used in operating activities 128,614 202,444 OIA 2024 31 Mar 2025 Analysis of cballges in net funds Cashflow Net Cash Cash at bank and in hand 498,984 74,820 573,804 Total 498,984 74,820 573,804 12 Kcgi￿ercd Lhariti. No. IOilk$82 GURLI NANAK GLIRDWARA BEDFORD NOTES TO THE FINANCAAL STATEMEIYTS FUR THE I'E,4R ENDED 31 NIARC-H 2025 (l ) Accountanc olicies 1.1 Accounting cooi'cnlion TEie finaiKial siaieiiieills Ikii e been prepared ill acCordai￿e li illi ihe c￿nIS "s goi'enlliLg docuii*iil. the chanues Acl 21)1 I. FRS I O? "Tl)¢ fiikiiici. ii'hich is thc functional CurrC￿. of ihc clk'irih-. MonctaTh- kiouths in iliese financial siaieil￿nts are toul￿ed 10 iir nearesi £. The Fin'incial s14ilcni¢nts h￿"¢ b¢cn prcp(ir¢d iin(kr thc htstoriccil mst Coni-cntion. modifiod to in¢lud¢ ili¢ rth'aluaiioii of r￿cli01d properties wid lo iiiclude iin'cstiiienl proiKriics and ccrtiryin f1112< IICiI21 iitslrnEiienlS ill fair i-alue. Thc priiicipal Accountiiig ￿lie1¢* adopted re s¢1 oiii belo￿.. 1.2 Goiog concern Ai I1￿ iiiiie ol approi iiig the fiiwlcial Sic?l¢iiienls. the TTuslees I￿1 e a reasoiuble ex1Kc￿Ii0n Illai cl)arili l¥s ,2dequaie ￿SoU￿¢S io coiilijiue iii operatioiul e.xisience for ihe foreseeable fulure. Tlie clLirili' rel1￿11}S iii a nel dSSCI ￿$11101) aiid ]￿IdS casli ￿"Sc￿'c5 lo li10￿ Iliclll surriciciiil!. coi'cr cdslifloii IliroiiblK)iil 11)c nLXI 12 nioi)Ilis ei'eii if uneipecied ci'cnls occur. Gii'cn Illis Ilic Tnislccs Coiitiiiiie 10 adopi Illc currciii conccni basis of dccoiiiIIiii and preparing I1￿Se fI￿la] sialeiiieiiis. 1.3 Charituble fundy Unresiricied funds are ai'aiiable for use ai ilie discreiion of ihe Trus*es in funl*Tance ol lI￿Ar clwriiable objeclii es. Rcslricled funts dfL subjccl lo S￿cIfiC conditioiis bi. donors or gyraittors as to hoi%' musl bc uscd. T1￿ pun)os¢ and us¢s of i1￿ r¢sir5clcd fiiix1s are sel oul in t￿ i)oles lo t1￿ finaiwial staleii)ciils. El￿0￿￿.111C1ll fiinds rc s￿¢}riC wiidilions b!. do1￿13 thai thc capiliblc fiicd asscis dre iniiiiill). iiiedsiircd al cost subsequcnil). nicasurcd al cosl or i.a1￿110)L nei ol depreci¢ilion and an!. iJi)painiieth10sses. D¢pr¢ci¢ltioii is ￿¢0￿J1115ed so as lo ￿rite off ilK cost or i' i dlue of t1￿ cisscl. dnd is recob>tiiscd iii I1￿ sl:Ilcmciii of fi￿1n¢la￿ ilclii'ilies. 1.7 Imi)airment of fixed ¥￿￿14 Ai Cficli rcwrtin&p ¢nd ddl¢. tlic charitN r￿.1¢}￿.5 tIK CcirTh-ing ciinoiinls of lis ian%iiblc dSS¢ts to d¢lcnniw i1.￿ther lI￿re is an indi¢aiion iILii liknse asseis I￿le surrered ali llnpairiiienL ioss. Ir ani sucli indicalioii e.Nisis. Ille tecoi'etable aiiiouni of tl* assel is esliiiMled ill order ￿ deieniiijie Il* e.xleitt ol Ili¢ Im￿l￿ne111 loss (ifaih ). 1.11 Critical accountin% estimates and jUd￿mentS In Ilie app￿.Calloll of the clwil% 's accouniiiig policies. Ilie Tnislees are required 10 inake Judgemeills. esilliiai¢s Ind assuinpiions aboul Ilie cam ing aiiiouiii of isseis aIid b'abililies Ilk11 are 1101 ￿ld111. ￿p￿￿re1]I froiii oilKr soiirces. Tlie esiiiiiaics 1¢ nd associaied 11SSUII)PIioi]S c bilsed on Iiisiorical experie￿¢ and 011￿[ f¢iciors Il)ai aTe considered 10 be 111, Acliic11 rcsulls 111111. dirrer froiii I1￿se esiiiiiaies. Thc CSlim<11cs and li￿]erI1.1￿g ist¢rcd LhariTh' No. IU)YA82 UR ANAK A BEDFORD TES TO THE FIN.41YCIAL ST.4TEMEN FOR THE YE.4R E￿,DED 31 IVI.4R "ONTINIIED (8) TA IBLE FIXED A SE R THE YEAR ENDED 31 ARC hic CD4t bllm'd Addilions 4.7.3_S.91 £ 3.3 .SIMI 7..$2CI 98.422 .3()..311.I 4.841.8().1 CJg.118.3 Cost at 311113121l2S 4,769,41 7.526 4911.746 De1)rL￿1#t7On bifThd Cl￿rge for ilr } ear 1.-101).ICJl 7.280 -40 1..394.5()4 70.046 Depre¢iulion at 31m3niiis IJC>.S,117 7J3 92,163 IAC14ffjln Net Book Value -1 Inl.i12U24 3.41.$ 7.44 246 11.299 7.447.291) 3 Im312nlS 3,404,298 42.C)42 3J47,136 {9) REDIT AM NT FALLIIY E WITHIN NE YEAR 2112 Accn￿lS 'rrade Credilors Oilier Crediiors Baith LoÉliiS 8.2.fj0 11.168 -321 24.4811 44.21¢) 9.0.f 7 7.(KlU 22.464 18 Rc8istcrcd Lharin. No. l u.)￿¥2 NANAK G RDWARA B DFO NOTE TO THE FIIY,4NCIAL ST.4TEMEN FOR THE YEAR ENDED 31 M,IR ONTIN ED (10) CREDIT AM FALLIN E AFTE MORE THAN ONE YEAR 2a24 Odier Loans Bank Loans 7.IKKI )0 711.1 Tlic I￿n is seciircd oil tlic currciil buildinbis cil 84 Ford Eiid R￿d. Bcdford ML4114JX Dcbiors Prepai inellts .874 2.¥.15 (12) ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Rc4triclc(l Fund% TotAI Fund¥ -raiigible Tri.xed Assets Siock Dcblors Cc?sl) ai Bank a￿1 in Ha￿1 LidbililiCS 3.447.1.36 1.41x1 8.4C?.3 57.1.8114 (117.221) 3.447.136 1.400 8.4C).3 57.1.%I14 (117.221) Nel Assets as al I IIU3121)2.5 -1.913.582 3.91.3.$82 Aiilhoriscd but not contr¢Kicd 19 Rcgistcrcd Lharity. No. IU.$8482 IJRDWARA B DF RD TE THE FIN.4IN IA STATEMENTS K'fHE YEAR ENDED 31 MARCH 202S CON'TIN ED 13 LI MOVEMENT IN FUND rc 1 .4 )ril urc 31 lliityh 21124 Rcslrictcd FuiK15 Unrcslricicd Fui 3J123.fj37 3119,()68 219,623 3,913 582 Toial Funds 3323 437 309,668 21)1 &23 3.913 482 Lai RELATED PA YTRAN Tl Thcrc ii'crc no ir¢iwclions ￿￿rtcdlrccottIcd ii.hcrc tnisiccs or ￿0pIC coiincctcd ii'itli th¢iii h￿"¢ ￿¢clI.¢d remui￿ra1Ion froin Ihc cl)arits". OVERNAN T1￿ fibwrc of£s, ?51) includes iiccouiitanc!. a￿1 l& udit costs for IIK o￿l￿ni￿li0n. 16 NRE TRI TED FUIYDS All fuiKls arc uscd for iinreslricied puo)oses lo spend on a¢lii'ilics Ilwi further ani. of ilK puryx)s¢s of i]￿ cluril).. 17 ENERATED FROM OPERATIONS 20 Calh genernted from OPL•rulion¥ Surplus for Ihe i'C¢ir 911.1145 1 19.941 Dcprccicilion and ijiipainn¢ni of IEiJigiblc fiicd 1c 5scIs 711.1146 611.-S(JY mol'eii)ei￿ iu iioik1i￿ Capliai Purclkise of iangible fixed ass¢is Dccr&is¢ li￿reaS¢) in dcbiors Increase (decrease) in crethlors {69.118.3) (3. 184) (12.004) 6..385 (23.217) Ca¥h %eneraled frvm operations 74.X211 211.61X (181 ANALY Tll￿ clurii.%" Ikid no Th￿l¢r1￿1 dcbi duri1￿> Ille i ear. HAIY NNE 2(1