Registered Charity Number 1071296
The United Sikh Association Guru Gobind Singh Gurdwara
Report and Accounts
For The Year Ended 31 December 2020
## **Guru Gobind Singh Gurdwara Report and accounts Contents**
||**Page**|
|---|---|
|Charity's information|1|
|Trustee's Report|2|
|Statement of trustees' responsibilities|5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|8|
|Income and Expenditure account|9|
|Statement of total recognised gains and losses|10|
|Movements in Accumulated Funds|10|
|Balance sheet|11|
|Notes to the accounts|12|
|Detailed Statement of Financial Activities|18|
## **Guru Gobind Singh Gurdwara Company Information**
## **Trustees**
Karenjeet Kaur Rajwinder Singh Gill Satnam Singh Gurjit Singh Balwinder Singh Bains
## **President**
Ajit Singh Gill
## **Secretary**
Mohinder Singh Maan
## **Accountants**
Sidhu & Co 4 Albert Road Queensbury Bradford West Yorkshire BD13 1PB
## **Bankers**
Barclays Bank PLC 10 Market Street Bradford BD1
## **Solicitors**
Avisons Solicitors Carter House 723 Leeds Road Bradford BD3 8DG
## **Registered office**
Gobind Marg (Malvern Street) Bradford West Yorkshire BD3 9JN
**Registered number** 1071296
1
## **Guru Gobind Singh Gurdwara**
## **The report of the trustees for the year ended 31 December 2020**
## **Introduction**
The trustees present their annual report and accounts for the year ended **31st December 2020.** The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the charity's constitution.
The board of trustees are satisfied with the performance of the charity during the year and the position at **31st December 2020** and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
## **Name, registered office and constitution of the charity**
The full name of the charity is Guru Gobind Singh Sikh Temple
_Date of formation_ 02 Septmber 1978 _The Principal Office is_ Gobind Marg, Bradford, BD3 9JN _Charity Registration Number_ 1071296 _The telephone number is_ 01274 727938
## _**A summary of the objects of the charity as set out in its governing document.**_
**The charity is governed by its constitution and its main objects are:-**
- **(A) To advance the Sikh religion.**
**(B) To advance education both generally and in the principles of the Sikh faith.**
**(C) To provide assistance to the poor and needy.**
**(D) To provide facilities for recreational and social activities.**
**(E) To run the Gurdwara according to the Constitution.**
**(F) To propagate Sikhism and Amrit Parchar.**
**(G) To educate generally in the principles of the Sikh faith, in the relevant language.**
**(H) To help the faithful who believe in the teachings of the Ten Gurus and the Guru Granth Sahib.**
**(I) To arrange events for the Sikh Sangat and others for the understanding of the mission and life histories of the Gurus.**
**(J) To organise events for the celebration of the birth anniversaries and commemoration of the martyrdom days of the Gurus and Sikh festivals.**
**(K) To arrange weddings and other ceremonies according to Sikh traditions (means Gurmaryada) and the laws of this country.**
**(L) To support organisations at local, national and international levels which promote harmony and understanding amongst different communities and faith groups.**
**(M) To support and promote charitable causes for helping the poor and needy around the world.**
**(N) To organise and encourage the young and the children to take part in Panjabi (Gurmukhi) classes.**
**(O) To provide day care facilities for the elderly and the disabled; creche provisions for the children under 5 and after school educational facilities in IT, English and Maths for the young aged 6-18 as well as education and training provisions for adults.,**
**(P) To provide information, advice and guidance and counselling on a range of matters.**
**(Q) To encourage and promote the elimination of all forms of discrimination.**
2
## **Guru Gobind Singh Gurdwara**
## **The report of the trustees for the year ended 31 December 2020**
## **Achievements and Performance of the Charity**
1. The charity is fulfilling its main object of providing a place of worship and other related activities for the local Sikh Community satisfactorily.
2. Religious ceremonies are performed regularly on a daily and weekly basis
3. Punjabi teaching school has approximately 150 students attending regularly.
4. Religious dignitaries are encouraged to lecture or give performances on Sikhism.
5. Provide day care centre facilities for elderly peoples.
## _**Fundraising activities**_
The charity is financed by voluntary contribution by its members and visitors of the temple. However because of distruption caused by COVID-19 lockdown restrictions, there has been a big drop in voluntary donations receivable. Inspite of the set back experienced by the charity, the current year has been fairly successful in meeting its financial objectives in order to provide the regular services. The charity is also able to raise funds in form of gift aid rebate from HM Revenue & Customs.
## **Structure, Governance and Management**
## _**Nature of the Governing Document and constitution of the charity**_
The charity is managed by the office bearers and committee members. The trustees do not take part in the management of the temple. All the real property of the charity is vested in the trustees and are responsible for the safe custody and conduct of all funds of the temple.
## _**The methods adopted for the recruitment and appointment of new trustees**_
According to the contstitution the following considerations are appllicable for the appointment of trustees:-
1.) Five trustees are elected for a period of four years only by the general body of members.
2.) Out of total of five trustees at least one must be female.
- 3.) Should two or fewer nominations are received, then the election shall be cancelled and the current holding trustees terms of office be extended for a further four years period.
- 4.) Each trustee must be a home owner.
5.) Each prospective trustee is required to pay non refundable nomination fee of £200. 6.) On the matter of general membership eligibility, only a person who has been attending the Gurudwara regularly for at least two years prior to date of current election will be considered for membership.
## _**The organisational structure of the charity and how decisions are made.**_
The charity is governed by the Board of Trustees,which is responsible for the policies of the organisations. The trustees meet as frequently as necessary but at least once in two months and delegate the general management of the charity to the management committee. The management committee also meet regularly once every month to deal with routine administrative matters. All major decision are taken in conjunction with the agreement of the Board of trustees.
3
## **Guru Gobind Singh Gurdwara**
## **The report of the trustees for the year ended 31 December 2020**
## **Financial Review**
## _**Policies on reserves**_
It is the policy of the charity to maintain unrestricted funds at a level which equate to approximately 6 months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs. Unrestricted funds are maintained at least at this level throughout the year.
## _**Principal funding sources and how expenditure in the year under review has supported the key objectives of the charity.**_
The Charity is financially sound and will be able to conduct its affairs in order to carry out its objectives for the foreseeable futures.
During the year the charity was sucessful in meeting its contractual obligations against both the comercial and flexible mortgages.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## _**Transactions and Financial position**_
The financial statements are set out on **pages 8 to 11.** The financial statements have been prepared implementing the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales **(revised in June 2008)** and in accordance with the Financial Reporting Standard for Smaller Entities **( effective April 2008)** . Inspite of reduced income due to COVID-19 lockdown, the trustees consider the financial performance by the charity during the year to have been fairly satisfactory.
The Statement of Financial Activities show net **incoming** resources for the year of a revenue nature of **£322,958** and net realised **incoming** resources of a capital nature of **£75,540** making net overall realised **incoming** resources of **£4,560,769.**
The reserves at the year end after accounting for unrealised **losses** stand at **£4,560,769.**
A majority of the expenditure is spent on management and administration of the charity.
## _**Specific changes in fixed assets**_
Changes in fixed assets are shown in detail in the notes to the accounts.
Capital expenditure during the year in respect of (1) land & building, improvments and refurbishments was NIL (2) Fixture, Fittings and Equipments was £510.
4
## **Guru Gobind Singh Gurdwara**
**The report of the trustees for the year ended 31 December 2020**
## **Solicitors**
Avisons Solicitors Carter House 723 Leeds Road Bradford
Fountain House 4 South Parade Leeds, LS1 5QX
## **Statement of Trustees' Responsibilities**
Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material
- departures disclosed and explained in the financial statements;
The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
**Karenjeet Kaur Trustee**
5
## **Guru Gobind Singh Gurdwara Independent Examiner's Report to the trustees of the charity**
## **Report of the Independent Examiner to the trustees**
## **on the accounts of the Charity for the year ende 31 December 2020**
I report on the financial statements of the Charity on **pages 8 to 11** which have been prepared in accordance with the Charities Act 1993 and with the Financial Reporting Standard for Smaller Entities (FRSSE), **effective January 2007** , adapted to meet the needs of unincorporated organisations, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005, revised in June 2008, under the historical cost convention and the accounting policies set out **on page 12.**
## **Respective responsibilities of trustees and examiner**
As described on **page 5** , the Charity's trustees are responsible for the preparation of the financial statements. The trustees consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. It is my responsibility to state , on the basis of the procedures specified in the General Directions given by the Charity Commissioners for England & Wales under Section 43(7)(b) of the Act , whether particular matters have come to my attention.
## **Basis of opinion and scope of work undertaken**
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination. An independent examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the Statement of Recommended Practice issued by the Charity Commissioners for England & Wales (effective April 2005), on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity.
We planned and performed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.
6
## **Independent Examiner's Statement, report and opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination , no matter has come to my attention :
1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act; and to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the Act or of the Charities (Accounts and Reports) Regulations 2005 have not been met **or**
2) to which, in my opinion , attention should be drawn to enable a proper understanding of the accounts to be reached.
This report is in respect of an examination carried out under section 43 of the 1993 Act and in accordance with any directions given by the Commissioners under subsection (7)(b) of that section which are applicable.
Sidhu & Co
Chartered Certified Accountants
4 Albert Road Queensbury Bradford West Yorkshire BD13 1PB
The date upon which my opinion is expressed is :- 17 October 2021
7
## **Guru Gobind Singh Gurdwara Statement of Financial Activities for the year ended 31 December 2020**
|**Notes**
**Incoming resources**
**_Incoming resources from generated funds_**
Voluntary Income
Activities for generating funds
**_Incoming resources from charitable activities_**
**Total incoming resources**
**_Costs of charitable activities_**
**_Governance costs (Wages + Casual)_**
**_Other resources expended (Bank Interest)_**
**Total resources expended**
**Net incoming resources**
**before transfers between funds**
**Net incoming resources before**
**Other recognised gains and losses**
**Other recognised gains and losses**
**Net movement in funds**
**Reconciliation of funds**
**_Total funds brought forward_**
**Total Funds carried forward**|**Funds**
**Funds**
**Funds**
**Total Funds**
**2020**
**2020**
**2020**
**2019**
**£**
**£**
**£**
**£**
313,839
-
313,839
482,909
8,967
-
8,967
11,580
152
-
152
15
**322,958**
**-**
**322,958**
**494,504**
188,519
-
188,519
220,219
56,191
-
56,191
66,348
2,708
-
2,708
4,461
247,418
-
247,418
291,028
75,540
-
75,540
203,476|
|---|---|
||75,540
-
75,540
203,476
75,540
-
75,540
203,476
4,485,229
-
4,485,229
4,281,753
**4,560,769**
**-**
**4,560,769**
**4,485,229**|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on **page 11** as required by the said statement.
## **All activities derive from continuing operations**
## **The notes on pages 12 to 19 form an integral part of these accounts.**
8
## **Guru Gobind Singh Gurdwara Statement of Financial Activities for the year ended 31 December 2020**
## **Income and Expenditure Account for the year ended 31 December 2020**
|**Turnover**
Direct costs of turnover
**Gross surplus**
Governance costs (Wages + Casual)
**Operating surplus**
Interest payable (Bank Interest)
**Surplus on ordinary activities before tax**
**Surplus for the financial year**
Gift Aid Payments
**Retained surplus for the financial year**
**All activities derive from continuing operations**|**2020**
**£**
322,958
188,519
134,439
56,191
78,248
(2,708)
75,540
75,540
-
75,540|**2019**
**£**
494,504
220,219|
|---|---|---|
|||274,285
66,348|
|||207,937
(4,461)|
|||203,476|
|||203,476
-|
|||203,476|
||||
**The notes on pages 12 to 19 form an integral part of these accounts.**
9
## **Guru Gobind Singh Gurdwara Statement of Financial Activities for the year ended 31 December 2020**
|**Statement of Total Recognised Gains and Losses**
**for the year ended 31 December 2020**
Excess of income over expenditure before realisation of assets
Profit per Profit and Loss account
**Net Movement in funds before taxation**|**2020**
**2019**
75,540
203,476|
|---|---|
||75,540
203,476|
||75,540
203,476|
## **Movements in revenue and capital funds for the year ended 31 December 2020**
|**Revenue accumulated funds**
Accumulated funds brought forward
Recognised gains and losses before transfers
**Closing revenue accumulated funds**|**Unrestricted Restricted**
**Total**
**Last year**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2020**
**2020**
**2020**
**2019**
**£**
**£**
**£**
**£**
4,485,229
-
4,485,229
4,281,753
75,540
-
75,540
203,476|
|---|---|
||4,560,769
-
4,560,769
4,485,229|
||4,560,769
-
4,560,769
4,485,229|
||**£**
**£**|
**The notes on pages 12 to 19 form an integral part of these accounts.**
|**Summary of funds**|**Designated **|**Unrestricted **|**Restricted**|**Total**|**Last Year**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2020**|**2020**|**2020**|**2020**|**2019**|
|Revenue accumulated funds|-|4,560,769|-|4,560,769|4,485,229|
**The statement of changes in resources applied for fixed assets for Charity use is shown in the notes**
**The notes on pages 12 to 19 form an integral part of these accounts.**
10
## **Guru Gobind Singh Gurdwara Balance Sheet as at 31 December 2020**
|**Notes**
**2020**
**£**
**_The assets and liabilities of the charity :_**
Tangible assets
6
4,462,828
**_Total fixed assets_**
4,462,828
**Current assets**
Stocks & Work in progress
8,827
Debtors
7
704
Cash at bank and in hand
320,801
**_Total current assets_**
330,332
amounts due within one year
8
(117,074)
**_Net current assets_**
213,258
**_Total assets less current liabilities_**
4,676,086
**Creditors:-**
amounts due after more than one year
9
(115,317)
**Net assets including pension asset / liability**
4,560,769
**_The funds of the charity :_**
**Unrestricted income funds**
Unrestricted revenue accumulated funds
4,560,769
Designated revenue funds
-
**Unrestricted capital funds**
Designated fixed asset funds
-
**Total unrestricted funds**
4,560,769
**Restricted income funds**
**Restricted capital funds**
**Total restricted funds**
-
**Total charity funds**
4,560,769
**Karenjeet Kaur**
**Trustee**
**Approved by the trustees on 17 October 2021**
**The notes on pages 12 to 19 form an integral part of these accounts.**|8,827
631
245,638|**2019**
**£**
4,482,534|
|---|---|---|
||255,096||
||4,485,229
-
-||
|||4,600,546
(115,317)|
|||4,485,229|
|||4,485,229
-|
|||4,485,229|
||||
11
## **Guru Gobind Singh Gurdwara Notes to the Accounts for the year ended 31 December 2020**
## **1 Accounting policies**
## _**Basis of preparation of the accounts**_
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE), **effective April 2008** , and all other applicable accounting standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, **(revised June 2008)** adapted to meet the needs of unincorporated organisations . The accounts have been drawn up in accordance with the provisions of the Charities Acts , and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing.
Insofar as the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, **(revised June 2008)** requires compliance with specific Financial Reporting Standards other than the FRSSE then the specific Financial Reporting Standards have been followed where their requirements differ from those of the FRSSE.
## _**Accounting convention**_
The financial statements are prepared,on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments.
The charity is entirely dependent on continuing donations, grants and gift aid rebates and as a consequence the going concern basis is also dependent on the continuing donations, grants and gift aid rebates.
## _**Incoming Resources**_
Donations, grants and gift aid rebates are accounted for as received by the charity. Where funding is specifically for spending in a subsequent accounting period then the relevant portion is deferred and included within creditors. Incoming resources also includes income from the sale of publications and other items, and hire of kitchen and hall facilities.
## _**Recognition of liabilities**_
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the Statement of Recommended Practice for Accounting and Reporting **(revised June 2008)** , issued by the Charity Commissioners for England & Wales .
## _**Fixed assets and depreciation**_
Free hold properties are not depreciated as the trustees do not consider that there has been any impairment in value.
12
## **Guru Gobind Singh Gurdwara Notes to the Accounts for the year ended 31 December 2020**
## **2 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to the Sharomani Gurdwara Parbandhak Committee, Amritsar, Panjab, India.
|**3**|**Surplus for the financial year**
**2020**
**2019**
**£**
**£**
**This is stated after crediting :-**
**Revenue Turnover from ordinary activities**
322,958
494,504
**and after charging:-**
Depreciation of owned fixed assets
20,214
23,623
Legal fees
17,640
5,941|
|---|---|
Funds belonging to the charity have been used for the purchase of insurance to protect the charity from loss arising from the neglect or defaults of its trustees,employees or agents, or to indemnify its trustees,employees or agents, against the consequences of any neglect or default on their part. The sum expended on such insurance was as indicated in the above schedule.
## **4 Statement that no expenses were paid to trustees or connected persons**
No expenses were paid to trustees or persons connected with them.
13
## **Guru Gobind Singh Gurdwara Notes to the Accounts**
## **for the year ended 31 December 2020**
|**5**|**Staff Costs and Emoluments**|**2020**|**2019**|
|---|---|---|---|
|||**£**|**£**|
||Gross Salaries|56,191|66,348|
||**Numbers of full time employees or full time equivalents**|**2020**|**2019**|
||Engaged on charitable activities|3|3|
||There were no fees or other remuneration paid to the trustees|||
||There were no employees with emoluments in excess of £60,000 per annum|||
Neither the trustees nor any persons connected with them have received any remuneration, either in the current year or the prior year.
## **6 Tangible functional fixed assets**
|**Freehold**
**Land and**
**buildings**
**£**
**Asset cost, valuation or revalued amount**
At 1 January 2020
4,313,814
Additions
-
Disposals
-
At 31 December 2020
4,313,814
**Accumulated depreciation and impairment provisions**
At 1 January 2020
-
Depreciation on revaluation
-
Charge for the year
-
At 31 December 2020
-
**Net book value**
At 31 December 2020
4,313,814
At 31 December 2019
4,313,814
**7**
**Debtors**
Prepaid expenses|**Plant,**
**Machinery &**
**Vehicles**
**£**
410,943
510
(2)
411,451
242,223
-
20,214
262,437
149,014
168,720
**2020**
**£**
704|**Total**
**£**
4,724,757
510
(2)|
|---|---|---|
|||4,725,265|
|||242,223
-
20,214|
|||262,437|
|||4,462,828|
|||4,482,534|
|||**2019**
**£**
631|
14
## **Guru Gobind Singh Gurdwara Notes to the Accounts for the year ended 31 December 2020**
|**8**
**Creditors: amounts falling due within one year**
Bank loans and overdrafts
Accrued expenses
**9**
**Creditors :- Amounts Falling due after one year**
Bank loans and overdrafts
**10 Analysis of the Net Movement in Funds**
Net movement in funds from Statement of Financial Activities
Net resources applied on functional fixed assets
**Net movement in funds available for future activities**|**2020**
**£**
108,408
8,666
117,074
**2020**
**£**
115,317
**2020**
**£**
75,540
(512)|**2019**
**£**
126,734
10,350|
|---|---|---|
|||137,084|
|||**2019**
**£**
115,317
**2019**
**£**
203,476
(29,985)|
||75,028|173,491|
|**11 **|**Particulars of Individual Funds and analysis of**|**Particulars of Individual Funds and analysis of**|**assets and liabilities representing funds**|**assets and liabilities representing funds**|**assets and liabilities representing funds**|
|---|---|---|---|---|---|
|||**funds**|**funds**|**funds**|**Funds**|
|||**£**|**£**|**£**|**£**|
||Tangible Fixed Assets|4,462,828|-|-|4,462,828|
||Current Assets|330,332|-|-|330,332|
||Current Liabilities|(117,074)|-|-|(117,074)|
||Long Term Liabilities|(115,317)|-|-|(115,317)|
|||4,560,769|-|-|4,560,769|
|||**£**|**£**|**£**|**£**|
||**At 1 January 2020**|**Unrestricted**|**Designated**|**Restricted**|**Total**|
||Tangible Fixed Assets|4,482,534|-|-|4,482,534|
||Current Assets|255,096|-|-|255,096|
||Current Liabilities|(137,084)|-|-|(137,084)|
||Long Term Liabilities|(115,317)|-|-|(115,317)|
|||4,485,229|-|-|4,485,229|
15
## **Guru Gobind Singh Gurdwara Notes to the Accounts for the year ended 31 December 2020**
|**Funds at**
**2019**
**£**
Voluntary Income
-
Activities for generating funds
-
Incoming resources charitable activ
-
Costs of charitable activities
-
Governance costs
-
Other resources expended
-
Unrestricted revenue accumulated f
4,485,229
4,485,229|**Movements**
**in**
**Funds**
**as below**
**£**
313,839
8,967
152
(188,519)
(56,191)
(2,708)
-
75,540|**Transfers**
**Between**
**funds**
**£**
-
-
-
-
-
-
-
-|**Funds at**
**2020**
**£**
313,839
8,967
152
(188,519)
(56,191)
(2,708)
4,485,229|
|---|---|---|---|
||||4,560,769|
## **Analysis of movements in funds as shown in the table above**
|**Incoming**
**Resources**
**£**
Voluntary Income
313,839
Activities for generating funds
8,967
Incoming resources charitable activ
152
Costs of charitable activities
-
Governance costs
-
Other resources expended
-
322,958|**Outgoing**
**Resources**
**£**
-
-
-
188,519
56,191
2,708
247,418|**Gains &**
**Losses**
**£**
-
-
-
-
-
-
-|**Movement**
**in funds**
**£**
313,839
8,967
152
(188,519)
(56,191)
(2,708)|
|---|---|---|---|
||||75,540|
16
## **Guru Gobind Singh Gurdwara Schedule to the Statement of Financial Activities for the year ended 31 December 2020**
## **Status of this schedule to the Statement of Financial Activities**
The schedules on the following pages are required by the disclosure requirements of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005.
As such, they form a part of the accounts required by the Charities (Accounts and Reports) Regulations 2008.
||**Unrestricted **|**Restricted**|**Total**|**Prior Period**|
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2020**|**2020**|**2020**|**2019**|
||**£**|**£**|**£**|**£**|
|**Incoming Resources**|||||
|**Voluntary Income**|||||
|**Grants, legacies and donations**|||||
|**Government and public bodies**|||||
|**Incoming resources of a revenue nature**|||||
|Revenue Grants & Donations|**136,023**|-|**136,023**|**407,981**|
|Gift aid rebate|**119,327**|-|**119,327**|**60,948**|
|**Total**|**255,350**|**-**|**255,350**|**468,929**|
|**Total Grants,Legacies & Donations Received**|**255,350**|**-**|**255,350**|**468,929**|
|**Other voluntary income**|||||
|Members' Subscriptions|100|-|**100**|**3,055**|
|Sponsorship income|58,389|-|**58,389**|**10,925**|
|**Total other voluntary income**|**58,489**|**-**|**58,489**|**13,980**|
|**Total Voluntary Income**|**313,839**|**-**|**313,839**|**482,909**|
|**Activities for generating funds**|||||
|Fundraising activities|4,812|-|**4,812**|**4,520**|
|Shop income from sale of bought in goods|405|-|**405**|**760**|
|Temporary letting and licensing of charitable propert|3,750|-|**3,750**|**6,300**|
|**Total of activities for generating funds**|**8,967**|**-**|**8,967**|**11,580**|
|**Incoming resources from charitable activities**|||||
|Other charitable activities|152|-|**152**|15|
|**charitable activities**|**152**|**-**|**152**|**15**|
|**Total Incoming Resources**|**322,958**|**-**|**322,958**|**494,504**|
|**Costs of generating funds**|||||
|**Charitable expenditure**|||||
|**_Management and administration costs_**|||||
|**_in support of charitable activities_**|||||
|**_Direct support costs_**|||||
|Travel , Camps, Sports|-|-|-|4,130|
|Gurpurb Celebrations / Fireworks|-|-|-|5,282|
||**-**|**-**|**-**|**9,412**|
|**_Employee costs:_**|||||
|Training and welfare|1,241|-|1,241|-|
|Motor expenses|3,438|-|3,438|4,323|
|Communal meals|9,425|-|9,425|62,062|
||**14,104**|**-**|**14,104**|**66,385**|
17
## **Guru Gobind Singh Gurdwara Schedule to the Statement of Financial Activities for the year ended 31 December 2020**
## **Status of this schedule to the Statement of Financial Activities**
The schedules on the following pages are required by the disclosure requirements of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005.
As such, they form a part of the accounts required by the Charities (Accounts and Reports) Regulations 2008.
|**_Premises Costs_**
Rates, water and service charges
Insurance
Light and heat
Cleaning
Premises repairs and renewals
**_General administrative expenses:_**
Telephone and fax
Stationery and printing
Information and publications
Subscriptions
Equipment expenses
Bad debts
Advertising and PR
Bank charges
Sundry expenses
**_Professional fees in support of charitable activities_**
Legal fees
Depreciation of fixed assets used for governance
**Total Support costs**
Grants paid as shown in the detailed schedule
**_Support costs for grants paid_**
**Total Expended on Charitable Activities**|**Unrestricted Restricted**
**Total**
**Prior Period**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2020**
**2020**
**2020**
**2019**
**£**
**£**
**£**
**£**
11,935
-
11,935
23,433
9,705
-
9,705
6,669
21,679
-
21,679
38,275
5,200
-
5,200
2,689
29,942
-
29,942
21,443|
|---|---|
||**78,461**
**-**
**78,461**
**92,509**|
||2,311
-
2,311
2,325
471
-
471
1,341
1,993
-
1,993
3,799
-
-
-
67
1,487
-
1,487
-
-
-
-
261
150
-
150
1,290
987
-
987
1,811
201
-
201
255|
||**7,600**
**-**
**7,600**
**11,149**|
||17,640
-
17,640
5,941
20,214
-
20,214
23,623|
||**37,854**
**-**
**37,854**
**29,564**|
||**138,019**
**-**
**138,019**
**209,019**|
||50,500
-
50,500
11,200|
|||
||188,519
-
188,519
220,219|
_**Governance costs that are not direct management functions inherent in generating funds, service delivery and programme or project work (including management and administration costs)**_
|**_Specific governance costs_**
Salaries - Administrative staff
**Total governance costs**|56,191
-
56,191
66,348|
|---|---|
||**56,191**
**-**
**56,191**
**66,348**|
18
## **Guru Gobind Singh Gurdwara Schedule to the Statement of Financial Activities for the year ended 31 December 2020**
## **Status of this schedule to the Statement of Financial Activities**
The schedules on the following pages are required by the disclosure requirements of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005.
As such, they form a part of the accounts required by the Charities (Accounts and Reports) Regulations 2008.
||**Unrestricted Restricted**|**Unrestricted Restricted**|**Total**|**Prior Period**|
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2020**|**2020**|**2020**|**2019**|
||**£**|**£**|**£**|**£**|
|**_Other resources expended_**|||||
|Interest payable|2,708|-|2,708|4,461|
|**Total Other Resources Expended**|**2,708**|**-**|**2,708**|**4,461**|
|**_A Detailed schedule of grants paid to achieve the objects of the charity_**|||||
||||**2020**|**2019**|
||||**£**|**£**|
|**Grants to Institutions**|||||
|Grants payable in furtherance of the charity's object|50,500|-|50,500|11,200|
|**Total Institutional grants**|50,500|-|50,500|11,200|
|**Total of all grants paid**|50,500|-|50,500|11,200|
**Appendices to the Statement of Financial Activities for the year ended 31 December 2020**
_**The following appendices are attached to detail the activity analysis required by the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005.**_
**1. Analysis of Total Incoming & Outgoing Resources by Activity**
**2. Analysis of Total Support Costs by Activity**
**3. Analysis of charitable expenditure by activity**
**4. Analysis of grants made by activity**
19