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2025-09-30-accounts

REGISTERED CHARITY NUMBER: 1071912

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

MCA Audit Limited 7 St John's Road Harrow HA1 2EY

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page
Report of the Trustees 1 to 3
Report of the Independent Auditors 4 to 5
Statement of Financial Activities 6
Balance Sheet 7
Cash Flow Statement 8
Notes to the Cash Flow Statement 9
Notes to the Financial Statements 10 to 18
Detailed Statement of Financial Activities 19 to 20

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of 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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects and aims of the charity are to deliver the teachings of the founder, His Holiness Hazur Mahraz Darshan Das Ji, and through the teachings and leadership of the head and patron of Sachkhand Nanak Dham, His Holiness Hazur Mahraz Tirlochan Darshan Das Ji, through spiritual discourses and events at the Sachkhand Nanak Dham (Darshan Darbar), 25 North Park Richings Park Iver SL0 9DH.

The charitable objects are set out in the declaration of trust dated 5 October 1998:

1) TO ADVANCE RELIGION AND EDUCATION IN ACCORDANCE WITH (A) THE TEACHINGS OF SIRI GURU GRANTH SAHIB JEE AS EXPOUNDED BY HAZUR MAHRAZ DARSHAN DAS JEE AND IN DOING SO TO BRING MAN TO A GREATER REALISATION OF GOD AND (B) THE TEACHINGS, PHILOSOPHY AND IDEOLOGY OF THE FOUNDER OF SACHKHAND NANAK DHAM, HAZUR MAHRAZ DARSHAN DAS AND (C) THE PRINCIPLES OF DAS DHARAM WHICH WAS FOUNDED BY HAZUR MAHRAZ DARSHAN DAS.

2) TO RELIEVE IN CASES OF NEED THE AGED, DISABLED, ORPHANS AND OTHER CHILDREN WHO ARE IN CONDITIONS OF FINANCIAL HARDSHIP, SICKNESS OR DISTRESS.

Significant activities

The charity continues to benefit the public with services it offers in its temples. It is open to all faiths and free food is available and a safe place for individuals to worship freely regardless of religion, cast or gender. The charity gives daily sessions of hymn singing and spiritual discourses by the head of the organisation when His Holiness travels to the UK.

The charity has two temples which are located in Richings Park, Iver, Buckinghamshire and Dudley, West Midlands.

Public benefit

The charity meets the definition of a public benefit entity as set out in the Charities Act 2011 and in guidance issued by the Charities Commission.

In accordance with The Charities (Accounts and Reports) Regulations 2008 the trustees confirm that they have hadregard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

The trustees confirm that:

FINANCIAL REVIEW

Financial review

Financial results:

The charity's incoming resources for the year to 30 September 2025 were recorded at £333,279 (2024: £304,908).

Expenditure for the year to 30 September 2025 was recorded at £296,632 (2024: £373,225).

The charity's net expenditure for the year to 30 September 2025 before gains on revaluation was £1,568 (2024: net expenditure of £275,192).

There were no revaluation gains or losses for the year to 30 September 2025 (2024: no revaluation gains or losses).

Financial position:

As at 30 September 2025, the net assets were £2,808,008 (2024: £2,809,576) and it had total cash and bank balances of £32,058 (2024: £67,658).

Reserves policy

The charity's reserves policy is to maintain a cash reserve that equates to at least three months of expenditure. Over time the charity aims to build up cash reserves to a level that equates to at least six months of expenditure.

Page 1

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

FINANCIAL REVIEW

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the fact that there are net current assets of £62,761 at 30 September 2025 (2024: £69,003).

The charity has one bank loan and the total outstanding on this loan at 30 September 2025 was £499,058 (2024: £1,026,807). This loan is repayable over terms of 20 years.

In April 2025 the charity sold a Investment property that was considered to be surplus to requirements. This property is included in the financial statements at a value of £555,500 and was sold for £517,450. The charity applied £500,000 of the sale proceeds to the reduction of its bank loans, and the balance was used to provide the charity with additional liquidity.

Following the disposal of the property and the reduction in the balance of bank loans the commitment for repayment of the bank loans (capital and interest) has been reduced from £51,000 per annum to £46,000 per annum.

The trustees are confident that the charity has adequate funding to meet its ongoing commitments and accordingly the financial statements have been prepared on a going concern basis.

FUTURE PLANS

The charity is growing and has plans to open new centres and reach a wider audience in the UK. His Holiness is travelling regularly to the UK also and giving discourses and sermons.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Charity constitution

The charity is overseen and managed by its Board of Trustees. At present there are four trustees.

Recruitment and appointment of new trustees

The power to appoint new trustees is vested in the members and adherents of the charity. In considering the recruitment of a new trustee, the members and adherents would look to individuals who have had involvement with the charity, who have the necessary skillsets and who have the availability of time to better the charity's goals and objectives.

Decision making

The overall strategy of the charity and its day-to-day administration are vested in the Board of Trustees. They are assisted by a secretary and a treasurer.

Induction and training of new trustees

On appointment, new trustees will undergo an orientation to brief them on their legal obligations under charity law, the Charity Commission guidance on public benefit, and to inform them of the content of the Trust Deed, the decision-making processes, the aims of the charity and recent financial performance of the charity

Key management remuneration

The trustees are considered to be the key management of the charity along with the secretary and treasurer.

The trustees, secretary and treasurer are not remunerated for their services.

The charity does not have any employees.

Related party transactions

During the year to 30 September 2025 the charity paid expenses of £Nil to Mr T Das to support him whilst undertaking religious and spiritual duties in the UK (2024: £1,155).

Mr T Das is a trustee of the charity.

During the year to 30 September 2025 the charity received donations of £12,000 from SND Electrical Wholesalers (UK) Limited (2024: £12,000).

Mr J S Bhambra is a trustee of the charity and is a director and shareholder in SND Electrical Wholesalers (UK) Limited.

During the year to 30 September 2025 the charity received donations of £980 from its trustees and key management personnel (2024: £7,210).

Page 2

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees have undertaken a risk assessment and continue to keep this under review. This process considers the risks to which the charity is exposed and agrees policies and actions to minimise any potential exposure to those risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1071912

Principal address 25 North Park Richings Park Iver SL0 9DH

Trustees

B Singh B S Bahl J S Bhambra T Das

Auditors

MCA Audit Limited 7 St John's Road Harrow HA1 2EY

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. 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.

Approved by order of the board of trustees on 30 July 2026 and signed on its behalf by:

J S Bhambra - Trustee

Page 3

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

Opinion

We have audited the financial statements of Sachkhand Nanak Dham (Darshan Darbar) UK (the 'charity') for the year ended 30 September 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the 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 the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions 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 the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, 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 the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, 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 to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report 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 a Report of the Independent Auditors 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 the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

These matters were discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determianation of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK charity law and other relevant legislation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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 we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

MCA Audit Limited 7 St John's Road Harrow HA1 2EY

30 July 2026

Page 5

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

----- Start of picture text -----
2025 2024
Unrestricted Total
fund funds
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 314,443 236,914
Investment income 3 526 16,576
Other income 4 18,310 51,419
Total 333,279 304,909
EXPENDITURE ON
Raising funds 5 334,682 580,101
Other 165 -
Total 334,847 580,101
NET INCOME/(EXPENDITURE) (1,568) (275,192)
RECONCILIATION OF FUNDS
Total funds brought forward 2,809,576 3,084,768
TOTAL FUNDS CARRIED FORWARD 2,808,008 2,809,576
----- End of picture text -----

The notes form part of these financial statements

Page 6

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

BALANCE SHEET 30 SEPTEMBER 2025

----- Start of picture text -----
2025 2024
Unrestricted Total
fund funds
Notes £ £
FIXED ASSETS
Tangible assets 9 3,957,813 3,959,168
Investment property 10 - 555,500
3,957,813 4,514,668
CURRENT ASSETS
Debtors 11 30,703 1,345
Cash at bank and in hand 32,058 67,658
62,761 69,003
CREDITORS
Amounts falling due within one year 12 (528,993) (67,659)
NET CURRENT ASSETS (466,232) 1,344
TOTAL ASSETS LESS CURRENT LIABILITIES 3,491,581 4,516,012
CREDITORS
Amounts falling due after more than one year 13 (683,573) (1,706,436)
NET ASSETS 2,808,008 2,809,576
FUNDS 16
Unrestricted funds:
General fund 2,808,008 2,809,576
TOTAL FUNDS 2,808,008 2,809,576
----- End of picture text -----

The financial statements were approved by the Board of Trustees and authorised for issue on 30 July 2026 and were signed on its behalf by:

J S Bhambra - Trustee

The notes form part of these financial statements

Page 7

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

CASH FLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2025

----- Start of picture text -----
2025 2024
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 85,912 119,209
Interest paid (63,741) (180,608)
Net cash provided by/(used in) operating activities 22,171 (61,399)
Cash flows from investing activities
Purchase of tangible fixed assets (7,999) (20,000)
Sale of tangible fixed assets (38,050) 1,450,000
-
Sale of investment property 555,500
Interest received 526 73
Net cash provided by investing activities 509,977 1,430,073
Cash flows from financing activities
Loan repayments in year (567,748) (1,364,703)
Net cash used in financing activities (567,748) (1,364,703)
Change in cash and cash equivalents in the
reporting period (35,600) 3,971
Cash and cash equivalents at the beginning of
the reporting period 67,658 63,687
Cash and cash equivalents at the end of the
reporting period 32,058 67,658
----- End of picture text -----

The notes form part of these financial statements

Page 8

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2025

----- Start of picture text -----
1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2025 2024
£ £
Net expenditure for the reporting period (as per the Statement of Financial
Activities) (1,568) (275,192)
Adjustments for:
Depreciation charges 9,354 10,022
Loss on disposal of fixed assets 38,050 206,876
Interest received (526) (73)
Interest paid 63,741 180,608
(Increase)/decrease in debtors (29,358) 12,484
Increase/(decrease) in creditors 6,219 (15,516)
Net cash provided by operations 85,912 119,209
2. ANALYSIS OF CHANGES IN NET DEBT
At 1.10.24 Cash flow At 30.9.25
£ £ £
Net cash
Cash at bank and in hand 67,658 (35,600) 32,058
67,658 (35,600) 32,058
Debt
Debts falling due within 1 year (51,340) (455,115) (506,455)
Debts falling due after 1 year (1,706,436) 1,022,863 (683,573)
(1,757,776) 567,748 (1,190,028)
Total (1,690,118) 532,148 (1,157,970)
----- End of picture text -----

The notes form part of these financial statements

Page 9

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% reducing balance
Computer equipment - 20% on cost

Freehold and leasehold land and buildings are recorded initially at cost and are periodically revalued on the basis of independent valuation reports. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Going concern

Where current liabilities exceed current assets the trustees consider the ability of the charity to meet its liabilities from liquid assets as and when the liabilities fall due for payment. The trustees also consider the support given to the charity by its members and creditors.

If the trustees are of the opinion that the charity can meet its liabilities as and when they fall due for payment, and has sufficient support from its members and creditors, the financial statements are prepared on a going concern basis.

continued...

Page 10

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

----- Start of picture text -----
2. DONATIONS AND LEGACIES
2025 2024
£ £
Donations 314,443 236,914
3. INVESTMENT INCOME
2025 2024
£ £
Rents received - 16,503
Deposit account interest 526 73
526 16,576
4. OTHER INCOME
2025 2024
£ £
Other Income - Gift Aid Claim 18,310 51,419
5. RAISING FUNDS
Raising donations and legacies
2025 2024
£ £
Insurance 7,727 5,106
Light and heat 23,564 48,258
Telephone 2,008 3,647
Postage, packing and carriage 453 205
Event Costs 37,086 12,456
Food and other supplies 50,614 33,991
Rates and water charges 6,287 9,522
Sundries 1,191 3,492
Motor and travelling costs 57,752 33,016
Repairs and maintenance 12,426 17,108
-
Advertising and promotion 1,420
Computer consumables - 619
-
Cleaning 5,460
-
Hire of equipment 1,525
-
Support for spiritual teachers 1,155
Depreciation 9,354 10,022
Support costs 81,290 193,103
296,632 373,225
Other trading activities
2025 2024
£ £
Loss on sale of assets 38,050 206,876
Aggregate amounts 334,682 580,101
----- End of picture text -----

continued...

Page 11

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

6. SUPPORT COSTS

----- Start of picture text -----
||||| |---|---|---|---| |Governance| |Finance|costs|Totals| |£|£|£| |Raising donations and legacies|63,741|17,549|81,290|

----- End of picture text -----

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Trustees' expenses

During the year to 30 September 2025 the charity paid expenses of £Nil to Mr T Das to support him whilst undertaking religious and spiritual duties in the UK (2024: £1,155).

Mr T Das is a trustee of the charity.

Mr J S Bhambra is a trustee of the charity and is a director and shareholder in SND Electrical Wholesalers (UK) Limited.

No other payments or reimbursement of expenses were made to trustees during the year ended 30 September 2025. No other payments or reimbursement of expenses were made to trustees during the year ended 30 September 2024.

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

----- Start of picture text -----
||| |---|---| |Unrestricted| |fund| |£| |INCOME AND ENDOWMENTS FROM| |Donations and legacies|236,914| |Investment income|16,576| |Other income|51,419| |Total|304,909| |EXPENDITURE ON| |Raising funds|580,101| |NET INCOME/(EXPENDITURE)|(275,192)| |RECONCILIATION OF FUNDS| |Total funds brought forward|3,084,768| |TOTAL FUNDS CARRIED FORWARD|2,809,576|

----- End of picture text -----

continued...

Page 12

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

9. TANGIBLE FIXED ASSETS

COST OR VALUATION
At 1 October 2024
Additions
At 30 September 2025
DEPRECIATION
At 1 October 2024
Charge for year
At 30 September 2025
NET BOOK VALUE
At 30 September 2025
At 30 September 2024
COST OR VALUATION
At 1 October 2024
Additions
At 30 September 2025
DEPRECIATION
At 1 October 2024
Charge for year
At 30 September 2025
NET BOOK VALUE
At 30 September 2025
At 30 September 2024
Cost or valuation at 30 September 2025 is represented by:
Valuation in 2021
Valuation in 2025
Cost		 Freehold
property
£
3,926,525
7,500
3,934,025
-
-
-
3,934,025
3,926,525
Motor
vehicles
£
23,400
-
23,400
7,488
3,182
10,670
12,730
15,912
Freehold
property
£
990,000
7,500
2,936,525
3,934,025		 Plant and
machinery
£
20,639
-
20,639
8,096
4,128
12,224
8,415
12,543
Computer
equipment
£
9,720
499
10,219
5,532
2,044
7,576
2,643
4,188
Plant and
machinery
£
-
-
20,639
20,639		 Fixtures
and
fittings
£
21,939
-
21,939
21,939
-
21,939
-
-
Totals
£
4,002,223
7,999
4,010,222
43,055
9,354
52,409
3,957,813
3,959,168
Fixtures
and
fittings
£
-
-
21,939
21,939

continued...

Page 13

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

9. TANGIBLE FIXED ASSETS - continued

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||||| |---|---|---|---| |Motor|Computer| |vehicles|equipment|Totals| |£|£|£| |Valuation in 2021|-|-|990,000| |Valuation in 2025|-|499|7,999| |Cost|23,400|9,720|3,012,223| |23,400|10,219|4,010,222|

----- End of picture text -----

If freehold property had not been revalued it would have been included at the following historical cost:

----- Start of picture text -----
|||| |---|---|---| |2025|2024| |£|£| |Cost|4,573,401|4,573,401|

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Freehold and leasehold land and buildings are recorded initially at cost and are periodically revalued on the basis of independent valuation reports. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Freehold land and buildings include a property which was considered to be surplus to requirements. This property was sold in July 2024. This property is included in the financial statements at a value of £1,656,876 and was sold for £1,450,000.

10. INVESTMENT PROPERTY

----- Start of picture text -----
||| |---|---| |£| |FAIR VALUE| |At 1 October 2024|555,500| |Disposals|(555,500)| |-| |At 30 September 2025| |NET BOOK VALUE| |-| |At 30 September 2025| |At 30 September 2024|555,500|

----- End of picture text -----

The trustees have valued the investment property at 30 September 2024 and at 30 September 2023 using rental yield calculations and information on property price inflation available from the Office for National Statistics.

Investment property include a property which was considered to be surplus to requirements. This property was sold in April 2025. This property is included in the financial statements at a value of £555,500 and was sold for £517,450.

Fair value at 30 September 2025 is represented by:

----- Start of picture text -----
||| |---|---| |£| |Valuation in 2025|(555,500)| |Valuation in 2022|50,500| |Valuation in 2021|72,971| |Cost|432,029|

----- End of picture text -----

continued...

Page 14

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments and accrued income
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 14)
Trade creditors
Other creditors
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 14)
Other creditors
14.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Other loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal		 2025
£
3,225
26,100
1,378
30,703
2025
£
46,431
6,221
476,341
528,993
2025
£
452,627
230,946
683,573
2025
£
46,431
460,024
506,455
46,431
139,293
230,946
370,239
266,903		 2024
£
-
-
1,345
1,345
2024
£
51,340
-
16,319
67,659
2024
£
975,466
730,970
1,706,436
2024
£
51,340
-
51,340
51,340
154,021
730,970
884,991
770,105

continued...

Page 15

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

15. SECURED DEBTS

The following secured debts are included within creditors:

Bank loans

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||| |---|---| |2025|2024| |£|£| |499,058|1,026,806|

----- End of picture text -----

The bank loan recorded in the financial statements of £499,058 is secured by way of legal charges over three properties owned by the charity.

These properties are recorded in the financial statements at a combined cost or value of £3,934,025.

One of these properties was sold in April 2025 for £525,000. This property is included in these financial statements at a value of £517,450.

16. MOVEMENT IN FUNDS

----- Start of picture text -----
||||| |---|---|---|---| |Net| |At|movement|At| |1.10.24|in funds|30.9.25| |£|£|£| |Unrestricted funds| |General fund|2,809,576|(1,568)|2,808,008| |TOTAL FUNDS|2,809,576|(1,568)|2,808,008| |Net movement in funds, included in the above are as follows:| |Incoming|Resources|Movement| |resources|expended|in funds| |£|£|£| |Unrestricted funds| |General fund|333,279|(334,847)|(1,568)| |TOTAL FUNDS|333,279|(334,847)|(1,568)| |Comparatives for movement in funds| |Net| |At|movement|At| |1.10.23|in funds|30.9.24| |£|£|£| |Unrestricted funds| |General fund|3,084,768|(275,192)|2,809,576| |TOTAL FUNDS|3,084,768|(275,192)|2,809,576|

----- End of picture text -----

continued...

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SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
304,909
(580,101)
TOTAL FUNDS
304,909
(580,101)
A current year 12 months and prior year 12 months combined position is as follows:
Net
At
movement
1.10.23
in funds
£
£
Unrestricted funds
General fund
3,084,768
(276,760)
TOTAL FUNDS
3,084,768
(276,760)
A current year 12 months and prior year 12 months combined net movement in funds, included in the above a
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
638,188
(914,948)
TOTAL FUNDS
638,188
(914,948)		 Movement
in funds
£
(275,192)
(275,192)
At
30.9.25
£
2,808,008
2,808,008
re as follows
Movement
in funds
£
(276,760)
(276,760)

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

17. RELATED PARTY DISCLOSURES

During the year to 30 September 2025 the charity paid expenses of £Nil to Mr T Das to support him whilst undertaking religious and spiritual duties in the UK (2024: £1,155).

Mr T Das is a trustee of the charity.

During the year to 30 September 2025 the charity received donations of £12,000 from SND Electrical Wholesalers (UK) Limited (2024: £12,000).

Mr J S Bhambra is a trustee of the charity and is a director and shareholder in SND Electrical Wholesalers (UK) Limited.

During the year to 30 September 2025 the charity received donations of £980 from its trustees and key management personnel (2024: £7,210).

continued...

Page 17

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

18. GOING CONCERN

The financial statements have been prepared on a going concern basis notwithstanding the fact that there are net current liabilities of £6,208 at 30 September 2025 (2024: £1,344 net current assets).

The charity has one bank loan and the total outstanding on this loans at 30 September 2025 was £499,058 (2024: £1,026,806). This loan is repayable over terms of 20 years.

The trustees are confident that the charity has adequate funding to meet its ongoing commitments and accordingly the financial statements have been prepared on a going concern basis.

Page 18

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Rents received
Deposit account interest
Other income
Other Income - Gift Aid Claim
Total incoming resources
EXPENDITURE
Raising donations and legacies
Insurance
Light and heat
Telephone
Postage, packing and carriage
Event Costs
Food and other supplies
Rates and water charges
Sundries
Motor and travelling costs
Repairs and maintenance
Advertising and promotion
Computer consumables
Cleaning
Hire of equipment
Support for spiritual teachers
Plant & machinery depreciation
Motor vehicles depreciation
Computer equip depreciation
Other trading activities
Loss on sale of tangible fixed assets
Other
Penalties
Support costs
Finance
Bank interest and charges
Governance costs
Auditors' remuneration
Carried forward		 2025
£
314,443
-
526
526
18,310
333,279
7,727
23,564
2,008
453
37,086
50,614
6,287
1,191
57,752
12,426
1,420
-
5,460
-
-
4,128
3,182
2,044
215,342
38,050
165
63,741
-
-		 2024
£
236,914
16,503
73
16,576
51,419
304,909
5,106
48,258
3,647
205
12,456
33,991
9,522
3,492
33,016
17,108
-
619
-
1,525
1,155
4,128
3,978
1,916
180,122
206,876
-
180,608
4,253
4,253

This page does not form part of the statutory financial statements

Page 19

SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

----- Start of picture text -----
2025 2024
£ £
Governance costs
-
Brought forward 4,253
Auditors' remuneration for non audit work - 2,492
Legal and professional fees 17,549 5,750
17,549 12,495
Total resources expended 334,847 580,101
Net expenditure (1,568) (275,192)
----- End of picture text -----

This page does not form part of the statutory financial statements

Page 20