**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: 

- they are aware of the Charity Commission guidance; 

- they have taken the Charity Commission guidance into account when making a decision to which the guidance is relevant; and 

- if they have decided to depart from the guidance, they have good reasons for doing so. 

## **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. 

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**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). 

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**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 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

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). 

- In our opinion the financial statements: 

- give a true and fair view of the state of the charity's affairs as at 30 September 2025 and of its 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 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: 

- the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; 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 information 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 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. 

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**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: 

- the nature of the charity and sector in which it operates, control environment and financial performance including the design of the charity's systems and controls; 

- results of our enquiries of management about their own identification and assessment of the risks of irregularities; 

- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance; - detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; - the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations. 

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


The notes form part of these financial statements 

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**SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK** 

## **BALANCE SHEET 30 SEPTEMBER 2025** 


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


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


The notes form part of these financial statements 

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**SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK** 

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


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


The notes form part of these financial statements 

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**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... 

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**SACHKHAND NANAK DHAM (DARSHAN DARBAR) UK** 

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


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


continued... 

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**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 -----**<br>
|||||
|---|---|---|---|
|Governance|
|Finance|costs|Totals|
|£|£|£|
|Raising donations and legacies|63,741|17,549|81,290|

**----- End of picture text -----**<br>


## **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 -----**<br>
|||
|---|---|
|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 -----**<br>


continued... 

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


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|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 -----**<br>


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


**----- Start of picture text -----**<br>
||||
|---|---|---|
|2025|2024|
|£|£|
|Cost|4,573,401|4,573,401|

**----- End of picture text -----**<br>


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 -----**<br>
|||
|---|---|
|£|
|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 -----**<br>


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 -----**<br>
|||
|---|---|
|£|
|Valuation in 2025|(555,500)|
|Valuation in 2022|50,500|
|Valuation in 2021|72,971|
|Cost|432,029|

**----- End of picture text -----**<br>


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


**----- Start of picture text -----**<br>
|||
|---|---|
|2025|2024|
|£|£|
|499,058|1,026,806|

**----- End of picture text -----**<br>


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 -----**<br>
|||||
|---|---|---|---|
|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 -----**<br>


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<br>Resources<br>resources<br>expended<br>£<br>£<br>**Unrestricted funds**<br>General fund<br>304,909<br>(580,101)<br>**TOTAL FUNDS**<br>304,909<br>(580,101)<br>A current year 12 months and prior year 12 months combined position is as follows:<br>Net<br>At<br>movement<br>1.10.23<br>in funds<br>£<br>£<br>**Unrestricted funds**<br>General fund<br>3,084,768<br>(276,760)<br>**TOTAL FUNDS**<br>3,084,768<br>(276,760)<br>A current year 12 months and prior year 12 months combined net movement in funds, included in the above a<br>Incoming<br>Resources<br>resources<br>expended<br>£<br>£<br>**Unrestricted funds**<br>General fund<br>638,188<br>(914,948)<br>**TOTAL FUNDS**<br>638,188<br>(914,948)|Movement<br>in funds<br>£<br>(275,192)<br>(275,192)<br>At<br>30.9.25<br>£<br>2,808,008<br>2,808,008<br>re as follows<br>Movement<br>in funds<br>£<br>(276,760)<br>(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**<br>**Donations and legacies**<br>Donations<br>**Investment income**<br>Rents received<br>Deposit account interest<br>**Other income**<br>Other Income - Gift Aid Claim<br>**Total incoming resources**<br>**EXPENDITURE**<br>**Raising donations and legacies**<br>Insurance<br>Light and heat<br>Telephone<br>Postage, packing and carriage<br>Event Costs<br>Food and other supplies<br>Rates and water charges<br>Sundries<br>Motor and travelling costs<br>Repairs and maintenance<br>Advertising and promotion<br>Computer consumables<br>Cleaning<br>Hire of equipment<br>Support for spiritual teachers<br>Plant & machinery depreciation<br>Motor vehicles depreciation<br>Computer equip depreciation<br>**Other trading activities**<br>Loss on sale of tangible fixed assets<br>**Other**<br>Penalties<br>**Support costs**<br>**Finance**<br>Bank interest and charges<br>**Governance costs**<br>Auditors' remuneration<br>Carried forward|2025<br>£<br>314,443<br>-<br>526<br>526<br>18,310<br>333,279<br>7,727<br>23,564<br>2,008<br>453<br>37,086<br>50,614<br>6,287<br>1,191<br>57,752<br>12,426<br>1,420<br>-<br>5,460<br>-<br>-<br>4,128<br>3,182<br>2,044<br>215,342<br>38,050<br>165<br>63,741<br>-<br>-|2024<br>£<br>236,914<br>16,503<br>73<br>16,576<br>51,419<br>304,909<br>5,106<br>48,258<br>3,647<br>205<br>12,456<br>33,991<br>9,522<br>3,492<br>33,016<br>17,108<br>-<br>619<br>-<br>1,525<br>1,155<br>4,128<br>3,978<br>1,916<br>180,122<br>206,876<br>-<br>180,608<br>4,253<br>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 -----**<br>
2025 2024<br>£ £<br>Governance costs<br>-<br>Brought forward  4,253<br>Auditors' remuneration for non audit work  - 2,492<br>Legal and professional fees  17,549 5,750<br>17,549 12,495<br>Total resources expended  334,847 580,101<br>Net expenditure  (1,568) (275,192)<br>**----- End of picture text -----**<br>


This page does not form part of the statutory financial statements 

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