The Sunderland Sikh
Association
Executive Committee’s Report For The Year Ended 31st March 2021
The executive committee has pleasure in submitting their annual report and financial statements for the year ended 31st March 2021.
Structure
The charity is registered as The Sunderland Sikh Association under number 1085546. The principal activity of the charity is to advance the Sikh religion.
Objects
The objects of the charity, which is governed by constitution, are to:
Advance the Sikh religion by: -
-
Propagating the teachings of the ten Gurus and Sikh Guru Granth Sahib;
-
Maintaining a library and reading rooms;
-
Encouraging and promoting the study of Sikh religion amongst the public and social cultural dialogue.
Also to promote the benefit of the inhabitants, primarily the Sikh inhabitants, of Sunderland and Tyne & Wear without distinction of sex or sexual orientation, race or political, religious or other opinions by associating together with the said inhabitants, the local authorities and voluntary and other organisations in a common effort to: -
-
Advance the education of the said inhabitants
-
Provide facilities for the recreation of other leisure-time occupation for the said inhabitants in the interests
-
of their social welfare with the object of improving their conditions of life.
-
Establish or secure the establishment of a community centre and to maintain and manage the same in
-
furtherance of these objects.
-
Promote such other charitable purposes as may from time to time be determined.
Review of activities and future developments
The statement of Financial Activities for the year is set out on page 8 for the financial statements. A summary of the financial results and the work of the charity are set out below.
Financial results
The charity had total incoming resources in the year of £123,931. The unrestricted incoming resources mainly comprise of voluntary donations and Government Grants received
After deduction of the resources expended, comprising of the running costs, the total funds carried forward were £696,876. This amount represents unrestricted funds of £696,876, and restricted funds of £0.
Reserves
The general fund generated a small surplus for the year. The Executive Committee has established a policy whereby any surplus unrestricted funds held by the charity should be designated for future projects.
Risk review
The executive committee continually reviews areas of risk to its operation and procedures are implemented to reduce any risks so far as possible.
Executive committee and members
Full membership of the charity, where each member should carry one vote, is open to any person over the age of 18 years interested in furthering the objects, who has paid the annual subscriptions laid down from time to time by the Executive Committee is either:
Of Sikh or Indian Origin; Married to a person as above; or A child of a person of the above.
Associate membership of the charity will be open to individuals of the community interested in furthering the objects without distinction of sex, sexual orientation, race, political or other opinions, and who have paid an annual subscriptions fee.
The executive committee consists of not less than 16 nor more than 20 members being:
-
The honorary officers (a chairman, a secretary and a treasurer) who must be members of the charity; and
-
Not less than 13 and not more than 17 members elected at the annual general meeting.
The executive committee can, in addition, appoint co-optative members with the provision that no one can be appointed as a co-opted member if, as a result, more than one third of the members of the executive committee would be co-opted members.
The charity has a co-optative sub-committee, the members of which attend the executive committee meetings.
All members of the executive committee shall retire from office together at the end of the first annual general
meeting following the date on which they came into office, but they may be re-elected or re-appointed.
The Sunderland Sikh Association Financial Statements
For the Year Ended 31st March 2021
Contents
Legal and Administrative Details Executive Committee’s Report Independent Examiner’s Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements
2
The Sunderland Sikh Association Legal and Professional Details For The Year Ended 31st March 2021
| Charity Number | 1085546 |
|---|---|
| President: | Mrs J Kaur |
| Vice President: | Mr B S Sangha |
| Trustees: | Mr A S Kang |
| Mr G S Dhesi | |
| Mr M S Dulay | |
| Mr J S Batth | |
| Secretary: | Mr P K Dale |
| Assistant Secretary: | Mr J S Khaira |
| Treasurer: | Mr M S Atkar |
| Assistant Treasurer: | Mr A S Badwal |
| Committee Members: | Mr S S Samra |
| Mr B S Dulay | |
| Mr K K Purewal | |
| Mrs M K Khaira | |
| Mrs N K Mann | |
| Mrs S J K Dhami | |
| Mr S S Sangha | |
| Mr A S Thandi | |
| Mr H S Sanota | |
| Mr J S Phandal | |
| Mr C S Gill | |
| Mr H Singh | |
| Mr MS Randhawa | |
| Address: | The Cloisters (Off Ryhope Road) |
| Sunderland | |
| Tyne & Wear | |
| SR2 7ED | |
| Bankers: | HSBC |
| Unit 49-51 | |
| The Bridges Shopping Centre | |
| Sunderland | |
| Tyne & Wear | |
| SR1 3LE |
3
Executive Committee’s Report For The Year Ended 31st March 2021
The Sunderland Sikh Association
The executive committee has pleasure in submitting their annual report and financial statements for the year ended 31st March 2021.
Structure
The charity is registered as The Sunderland Sikh Association under number 1085546. The principal activity of the charity is to advance the Sikh religion.
Objects
The objects of the charity, which is governed by constitution, are to:
Advance the Sikh religion by: -
-
Propagating the teachings of the ten Gurus and Sikh Guru Granth Sahib;
-
Maintaining a library and reading rooms;
-
Encouraging and promoting the study of Sikh religion amongst the public and social cultural dialogue.
Also to promote the benefit of the inhabitants, primarily the Sikh inhabitants, of Sunderland and Tyne & Wear without distinction of sex or sexual orientation, race or political, religious or other opinions by associating together with the said inhabitants, the local authorities and voluntary and other organisations in a common effort to: -
-
Advance the education of the said inhabitants
-
Provide facilities for the recreation of other leisure-time occupation for the said inhabitants in the interests of their social wel-
-
fare with the object of improving their conditions of life.
Establish or secure the establishment of a community centre and to maintain and manage the same in furtherance of these objects.
- Promote such other charitable purposes as may from time to time be determined.
Review of activities and future developments
The statement of Financial Activities for the year is set out on page 8 for the financial statements. A summary of the financial results and the work of the charity are set out below.
Financial results
The charity had total incoming resources in the year of £123,931. The unrestricted incoming resources mainly comprise of voluntary donations and Government Grants received
After deduction of the resources expended, comprising of the running costs, the total funds carried forward were £696,876. This amount represents unrestricted funds of £696,876, and restricted funds of £0.
5
Reserves
The general fund generated a small surplus for the year. The Executive Committee has established a policy whereby any surplus unrestricted funds held by the charity should be designated for future projects.
Risk review
The executive committee continually reviews areas of risk to its operation and procedures are implemented to reduce any risks so far as possible.
Executive committee and members
Full membership of the charity, where each member should carry one vote, is open to any person over the age of 18 years interested in furthering the objects, who has paid the annual subscriptions laid down from time to time by the Executive Committee is either:
Of Sikh or Indian Origin; Married to a person as above; or A child of a person of the above.
Associate membership of the charity will be open to individuals of the community interested in furthering the objects without distinction of sex, sexual orientation, race, political or other opinions, and who have paid an annual subscriptions fee.
The executive committee consists of not less than 16 nor more than 20 members being:
-
The honorary officers (a chairman, a secretary and a treasurer) who must be members of the charity; and
-
Not less than 13 and not more than 17 members elected at the annual general meeting.
The executive committee can, in addition, appoint co-optative members with the provision that no one can be appointed as a coopted member if, as a result, more than one third of the members of the executive committee would be co-opted members.
The charity has a co-optative sub-committee, the members of which attend the executive committee meetings.
All members of the executive committee shall retire from office together at the end of the first annual general meeting following the
date on which they came into office, but they may be re-elected or re-appointed.
6
Statement of executive committees’ responsibilities for financial statements
The charities Act 1993 requires the executive committee to keep proper books of account in respect of the affairs of the charity, and to prepare financial statements of account for each accounting period consisting of a statement of financial activities and a balance sheet.
The executive committee is also responsible for safeguarding the charity’s assets, and hence for taking reasonable steps for the prevention and detection of error, fraud and other irregularities.
In preparing the financial statements the executive committee is expected to:
Select suitable accounting policies and apply them consistently, making judgements and estimates that are reasonable and prudent.
Follow the recommendations of the Charities Commission and of the accounting profession with regard to form and content of the financial statements or to disclose and explain any departures there from; and
Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will be able to continue to meet its objectives.
Signed on behalf of the Executive Committee
.................................. Mrs J Kaur President
……………………..
Mrs PK Dale Secretary
Dated: ..................................
7
Sunderland Sikh Association Statement of Financial Activities for the Year Ended 31st March 2021
Incoming resources Grants Interest Received Donations Total Incoming Resources Resources Expended Cleaning and sanitary Accountancy Wages & National Insurance Rates Insurance Printing, Postage & Stationary Immigration fees Telephone Heat, Light & Water Repairs & Renewals Sundries Depreciation Refreshments Subscriptions Donations and school Total resources expended Net Incoming/(Outgoing)incoming Less Transfers to Capital Assets Fund balances brought forward Fund balances carried forward |
Notes (2) (3) |
Unrestricted Fund 23,578 96 100,257 123,931 652 1440 25,640 1,945 10,323 0 608 718 9,924 4,038 310 16,442 379 0 8,076 80,495 43,436 653,440 696,876 |
Unrestricted Fund 23,578 96 100,257 123,931 652 1440 25,640 1,945 10,323 0 608 718 9,924 4,038 310 16,442 379 0 8,076 80,495 43,436 653,440 696,876 |
Restricted Fund - |
Total Fund 31.3.21 23,578 96 100,257 123,931 652 1440 25,640 1,945 10,323 0 608 718 9,924 4,038 310 16,442 379 0 8,076 80,495 43,436 - 653,440 696,876 |
Total Fund 31.3.21 23,578 96 100,257 123,931 652 1440 25,640 1,945 10,323 0 608 718 9,924 4,038 310 16,442 379 0 8,076 80,495 43,436 - 653,440 696,876 |
|---|---|---|---|---|---|---|
| 696,876 | 696,876 | 653,440 |
The notes on pages 9 to 10 form part of the financial statements
8
Fixed Assets Tangible assets Current Assets Cash at bank Cash in hand Debtors Creditors: Amounts Falling due Within one year Net Current Assets Net Assets Funds Unrestricted Restricted |
Notes (4) (5) (6) (7) |
£ 285,340 3,545 6,313 295,198 2,152 |
The 2021 £ 403,830 293,046 696,876 696,876 0 696,876 |
Sunderland Sikh Association Balance Sheet As at 31st March 2021 2020 £ £ 420,272 226,822 1,936 6,570 235,328 2,160 233,168 653,440 653,440 0 653,440 |
|---|---|---|---|---|
| 295,198 | 235,328 | |||
| 696,876 |
Approved by the Executive Committee on And signed on its behalf by:
.................................. Mrs J Kaur President
……………………..
Mrs PK Dale Secretary
Dated: ..................................
9
The notes on pages 8 to 9 form part of these financial statements
The Sunderland Sikh Association Notes to the Financial Statements For the year ended 31st March 2021
1. Accounting policies
-
(a) The accounts are prepared under the historical cost convention. They comply with the requirements of the Statement of Recommended Practice Accounting and Reporting by Charities (SORP) and are in accordance with the Financial Reporting Standards for Smaller Entities (effective June 2002).
-
(b) General accumulated funds are unrestricted funds available to the charity for its general purpose and include funds designated by the charity for a particular purpose; the use of such designated funds remains at the discretion of the charity’s officers and executive committee.
-
(c) Restricted funds are subject to restrictions imposed by the donor or by the specific terms of the appeal under which the funds are raised. The restrictions are binding upon the executive committee of the charity.
-
(d) All income and expenditure is accounted for on an accruals basis.
-
(e) Donations, grants and legacies are included in the Statement of Financial Activities (SOFA) when:
The charity becomes entitled to the income and any conditions for receipt are met,
The trustees are reasonably certain they will receive it, and
The trustees are reasonably certain that the value can be reliably measured.
(f)
write off the assets over their expected useful lives, grant aided items are written off over a ten year period on a straight line basis.
The depreciation rates are as follows:
| Improvements to property 4% Buildings 2% Fixtures and fittings 10% Equipment 10% Grant aided improvements 10% straight line 2. Donations UnrestrictedRestricted FundFund General donations 100,257 - 3. Staff Costs Wages & Salaries The average number of employees analysed by functions was General Teacher/Preacher |
Total 31.3.21 100,257 31.3.21 25,640 31.3.21 1 1 2 |
Total 31.3.20 120,110 31.3.20 31,913 31.3.20 1 2 3 |
|---|---|---|
The executive committee did not receive any remuneration during the year nor were any expenses reimbursed.
10
The Sunderland Sikh Association Notes to the Financial Statements For the year ended 31st March 2021
4. Tangible fixed assets
| Improvements | Fixtures and | ||||
|---|---|---|---|---|---|
| Equipment | To Property | Buildings | Fittings | Total | |
| Cost | |||||
| As at 1 April 2020 | 9,073 | 151,675 |
403,790 | 61,857 | 626,395 |
| Additions | - | - | - | - | - |
| At 31st March 2021 | 9,073 | 151,675 |
403,790 | 61,857 | 626,395 |
| Depreciation | |||||
| At 1 April 2020 | 6,020 | 73,515 | 82,484 | 44,104 | 206,123 |
| Charge for year | 305 | 7,936 | 6,426 | 1,775 | 16,442 |
| At 31st March 2021 | 6,325 | 81,451 |
88,910 | 45,879 | 222,565 |
| Net Book Value | |||||
| At 31st March 2020 | 3,053 | 78,160 | 321,306 | 17,753 | 420,272 |
| At 31st March 2021 | 2,748 | 70,224 | 314,880 | 15,978 | 403,830 |
| Creditors | |||||
| (a) Creditors: amounts | falling due within one | year | |||
| Other creditors | 2021 | 2020 | |||
| 2,152 | 2,160 | ||||
| Unrestricted funds | |||||
| Balance | Incoming | Expenditure | Transfers | Balance | |
| At 1.4.20 | Resources | At 31.3.21 | |||
| Designated | |||||
| Fund: | |||||
| Capital Fund | 420,272 | 420,272 | |||
| General Fund: | |||||
| Income and | |||||
| Expenditure | 233,168 | 123,931 | (80,495) | 0 | 276,604 |
| 653,440 | 123,931 | (80,495) | 0 | 696,876 |
5. Creditors
6. Unrestricted funds
The designated capital fund has been set up to represent the charity’s investment in capital expenditure. The fund is charged with depreciation.
7. Analysis of net assets by fund
| Unrestricted Restricted Fund Fund Fixed assets 403,830 - Net current Assets 293,046 - 696,876 - |
Total 403,830 293,046 696,876 |
|---|---|
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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Sunderland Sikh Association On accounts for the year ended 31. March 2021 Charity no (it any) 1085546 Set out on pages 3to11 I report lo the trustees on my examination ol the accounts of the above charity for the year ended 3110312021 Responslbllilles and basls of report As the charity's truslees, you are responsible for the preparation of the accounts in accordance with the requirements of the Chartties Act 2011 (Yhe Act"). I report in respect of my examination of theTrust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission undér section 14515){bl of the Act. Independent I have completed my examination. I confimi that no material matters have examlner's statement come lo my attention in connection with the examination which gives me cause lo believe that in, any material respect- the accoLJnting records were not kept in a¢¢ordan¢e with section 130 of the Charities Act- or the accounts did not accord with the accounting records- Of the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter considered as part ol an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned: Date: 2710912021 Name: Christopher Allison Relevant professlonal qualltication(s) or body (If any): NIA Address: 39 St Marks Road. Sunderland Tyne and Wear IER Oct 2018
SR4 7EF Section B Disclosure Only complete if the examiner needs to highlighl material matters of concern {see CC32, Independent examination of charty accounts.. directions and guidance for examiners). Glve here brlef delalls of any items that the examlner wishes lo dlsclose. IER Oct 2018