| Page | ||||
|---|---|---|---|---|
| Rcport omhc Trustees | I to 3 | |||
| Independrnt Examirvv's |
Rcpmt | |||
| Statement ofFinarmiel | Aativitics | |||
| Balance Sltmt | ||||
| Notes to tire I'inancial | Statcmcnts | 7to 8 | ||
| Octailcd Snttement of | Irinancial | Amivitics |
| Ihc I'rustccs arc aware ofthe Charily Commissiun's guidance on public beneflt reporling a 2011. Thc Tntstcos bclicvc Ihat its ubjcctives anti activities of promoting thc spiritual humamty are for the general benefit oi' thc public. |
s sel and |
out in moral |
the Charities Act advanccmcnt of |
|---|---|---|---|
| Activities and review for thc year | |||
| Guni Nanak Durbar continues m offer a wide and comprchcnsivc program ofactivities during thc year, which can bc summcvl up as follows:- |
|||
| Guru Nanak Durbar has provided for the local community during the year. Facilitate diversity for the local police and council officers. |
|||
| Continued to provide facilities and free nicsls for elderly people. |
|||
| Buildmg works for the ncw building have commenced. |
|||
| During the year there vras aonset ofa global pandemic to which all government guidelines |
werc adhered to. | ||
| Public Benefi | |||
| The Trustccs are aware ofthe Charity Commission's guidance on public benefit reporting Charities Act 2011.The Trustees believe that its objectives and nativities ofpromoting the advancmncnt uf humanity arc for thc gcncral benefit ofthe public. |
as sct out in the spiritual and moral |
||
| iield Nagar Kitten (Procession) to celebrate the birth ofGuru Nanak Dcv Jk | |||
| Continued arrangements to dcvclop a building to provide bcttcr facilitics for thc charity to |
opcratc. | ||
| Financial Review |
|||
| Reserves Policy | |||
| Thc Trustccs have established thc level ofreserves (that is those funds that arc frccly ought to have. Rcservcs are held to ensure that thcrc are funds to cover initial support |
available) for natural |
that thc charity disasters and to |
|
| support young offenders as tlieir nccds fall duc. Reserves src also held to sustain operation generating activities are not feasible. |
when | income | |
| Thc trustccs thcreforc consider that the level ofreserves of62535173issufficien to | cover thc | above. | |
| Principle Funding Sources | |||
| Thc main source ofincome was voluntary income 6135,503(2019:f2/9, 567). The charity received investment income of65,001 (2019f9304). |
| 2020 | 20I9 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unresirietcd | Restricted | 'I'atal | funds | Total | I'unde | ||||
| fund | I'and | ||||||||
| Not | l | 6 | |||||||
| es | |||||||||
| INCO24ING RESOURCES | |||||||||
| Incoming resnurccs |
from generated | funds | |||||||
| Voluntary income Invcstmcnt income Other Income |
2 | 135.503 5,001 14,459 |
135,503 5,0111 14,459 |
279,5fi7 9.304 |
|||||
| Total inenming resources |
154.963 | 15'1.963 | 288,871 | ||||||
| RESOURCES IEEPENDED | |||||||||
| Charitable espenses Gnt'erne acecests |
159,220 1.020 |
159.220 1.020 |
223,8i3 1.316 |
||||||
| Iotal resoltrces cspeutlttl | 160240 | IGO?10 | 224.979 | ||||||
| NKTl ICOSI INGti | OUI'CO INI,') | ||||||||
| RESOURCES | l5;277) | 63.892 | |||||||
| RECONCILIATION | OF I'UNDS | ||||||||
| 1etsl funds bruagltt | forward | 2.535.173 | 2.535.173 | 2.5404150 | |||||
| TO'I Al. FltNDS CARRIED FOR'IVARD | 2.535.173 | 2,53K173 | 2640A50 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Kesmcted | Total | funds | Total | funds | ||
| fund | fund | ||||||
| Not | f. | 6 | |||||
| es | |||||||
| FIXEDASSETS | |||||||
| Tangible assets | 4 | 1,763,486 | 1,763,486 | 1,741,003 | |||
| CURRKNT ASSETS | |||||||
| Cash at bank and in hand | 5 | 779.720 | 779,720 | 806,830 | |||
| CREDITORS | |||||||
| Amounts falling due within one year |
6 | (8,033) | (8,033) | (7,384) | |||
| NET CURRENT ASSETS | 771,687 | 771.687 | 799,447 | ||||
| TOTAL ASSETSLESSCURRENT | |||||||
| LIABILITIES | 2,535,173 | 2,535,173 | 2,540,450 | ||||
| NET ASSETSl(LIABILITIES) | 2,535,I73 | 2,535,173 | 2,540,450 | ||||
| FUNDS | |||||||
| Unrestricted funds Restricted funds |
2,535.173 | 2,540,450 | |||||
| TOTAL FUNDS | 2,535.173 | 2.540,450 |
| 2020 | 2019 | |
|---|---|---|
| 1 | ||
| Deposit account intcrcst | 1151 | 1.654 |
| Rent Rcccivcd | 5 t50 | ~76 0 |
| 5.001 | 9.304 |
| TANGIBLI' I'iX I DASSETS | ||||
|---|---|---|---|---|
| Freehntd | Plant and | lAotor | ||
| properly | L'quipmcnt | Vchiclc | 1otal | |
| COST | ||||
| At 1stJanuary 2020 | 1,751,275 | 64,860 | 15.500 | 1.831.635 |
| Additions | 42.777 | 42.777 | ||
| At 31 December 2020 | 1.79IJ)52 | 64.860 | 15,500 | 1.874 412 |
| DEPRECIATION | ||||
| At lstianuary 2020 |
71,666 | 14.86D | 4,106 | 90,632 |
| Chm 8» tnr yrnr | 17.224 | 2500 | 570 | 20 291 |
| At 31 Decernbm 2020 |
88,890 | 17.360 | i.67(i | 110.926 |
| NE I' ROOK VALUE | ||||
| Ai 3 i fbammbcu 2020 |
1.705.162 | 47.501 | 10.824 | 1,763.486 |
| At 31 Dcccrnbvu 2019 | 1.679.(i08 | 50.001 | I I 391 | 1.741 003 |
| 20)0 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| f. | |||||||||
| Other creditors | 8.033 | ||||||||
| 8.033 | |||||||||
| 6. | 5IOVEbIEivff | lil I'iiXDS | |||||||
| Valet moierncni | |||||||||
| At 31.12.19 | 'm lands | At 31.12 'l0 | |||||||
| 8 | f | ||||||||
| Uorestrlcted | funds | ||||||||
| Cicneral | fund | 2,5 Ill.t50 | (5&76) | 2,535,173 | |||||
| TOTAL | FUiVDS | 2.5 Ib.150 | 15,276) | 2535,173 | |||||
| Net inovcmcnt | in funds. included | in the above mess I'ollows: | |||||||
| Incumin8 | Rl:sourlmv | blovcmcni in |
|||||||
| fl:sniitces f |
capcflricvl | lullilt | |||||||
| Unrestrictcil | funds | ||||||||
| General | fund | (160240) | (5.276) | ||||||
| TOTAl. | ICUNiDS | 154.961 | (160.bi10) | (5.276) |
| 2020 | 2019 | |
|---|---|---|
| 8 | ||
| Ik CON INC RESOURCES | ||
| Voluntary incontc |
||
| Donations | 135,503 | 279,5G7 |
| Other lncontc | ||
| Other Income | 11,459 | |
| Iavcstmcnt ineomc |
||
| Deposit account interest Rent Reccivcd |
851 1.150 |
1,654 7,650 |
| Total incamlng resources |
154.963 | 2RR.R71 |
| RESOURCES KXPKNDL/D | ||
| Covernnncc costs |
||
| 1,020 | 1.)16 | |
| 1532N3 | 287,555 | |
| Charitable expenses |
||
| Rates and xvatcr Food/I, augur Light anti ltcet IIall llirc Insurance Advmiscmcnt Charitable expcnnu Commercial Laundry TV Liccncc I'urogunrd |
16,150 6,182 18.827 1,431 2,817 951 1,991 3.802 1.016 647 |
8.017 16,776 U&,895 5,389 3.823 2,109 8.97G 4.030 923 R74 |
| Poslage und Stationer) hlotor Expenses Itcpairs t/nd Nlaintcnawe Depreciation Wages Profi.xsional Fccx Sundry Lxpcnsm |
0 1,240 13,831 20,294 6R,241 50,548 I.I!00 |
2I G 235 15,874 20.197 61.097 )0,548 685 |
| 1'otal rxunurccs expended |
159.220 | 223,663 |
| Net (cxpenditurc)/inromc | (5.276) | 63,892 |