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|---|---|---|---|---|
|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||
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|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).||||
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||||||||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||
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||2020|2019|
|---|---|---|
|||1|
|Deposit account intcrcst|1151|1.654|
|Rent Rcccivcd|5 t50|~76 0|
||5.001|9.304|
##
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|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 8ยป 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|