Charity number: 1090200
The Ramgarhia Board
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2023
The Ramgarhia Board Contents Page For the year ended 31 March 2023
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 10 |
The Ramgarhia Board Report of the Trustees
For the year ended 31 March 2023
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2023. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
The principal objects of the charity continue to be those of organising regular gathering of attendees to Sikh religion events and functions and the provision of facilities for recreation and leisure activities for the people of Leeds in the interests of social welfare and with a view to improve the conditions of life for the said inhabitants.
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity The Ramgarhia Board Charity registration number 1090200 Principal address 8-10 Chapeltown Road Leeds LS7 3AP
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mr Mohinder S Birdi Mr Ravinder S Birdi (Resigned: 08 May 2022) Mr Jagdish S Lota (Resigned: 08 May 2022) Mr Gurdev Singh Sagoo (Resigned: 08 May 2022) Mr Prithpal Singh Manku (Resigned: 08 May 2022) Mr Bahadur Singh bansal (Resigned: 08 May 2022) Mr Shaminder Singh Soor (Appointed: 08 May 2022) Mrs Surinder Kaur Gill (Appointed: 08 May 2022) Mr Inderjit Singh Sehmbey (Appointed: 08 May 2022) Mr Balbir Singh Marwaha (Appointed: 08 May 2022) Independent examiners S H Yik & Co (Chartered Certified Accountant) 29 Barthorpe Crescent Leeds West Yorkshire LS17 5PE
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The Ramgarhia Board Report of the Trustees Continued For the year ended 31 March 2023
Approved by the Board of Trustees and signed on its behalf by
20 April 2023
............................................................................. Mr Inderjit Singh Sehmbey
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The Ramgarhia Board Independent Examiners Report to the Trustees
For the year ended 31 March 2023
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity'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 under section 145(5)(b) of the Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do 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 'true and fair view' which is not a matter considered as part of 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.
S H Yik & Co (Chartered Certified Accountant) 29 Barthorpe Crescent Leeds West Yorkshire LS17 5PE
20 April 2023
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The Ramgarhia Board Statement of Financial Activities For the year ended 31 March 2023
| Notes | Unrestricted | 2022 | |
|---|---|---|---|
| funds | |||
| £ | £ | ||
| Income and endowments from: | |||
| Donations and legacies | 2 | 180,553 | 144,523 |
| Investments | 3 | 28,324 | 24,707 |
| Total | 208,877 | 169,230 | |
| Expenditure on: | |||
| Raising funds | 4 | (58,445) | (34,786) |
| Charitable activities | 5/6 | (61,132) | (24,686) |
| Other expenditure | (11,165) | (6,250) | |
| Total | (130,742) | (65,722) | |
| Net income | 78,135 | 103,508 | |
| Reconciliation of funds | |||
| Total funds brought forward | 2,097,098 | 1,993,590 | |
| Total funds carried forward | 2,175,233 | 2,097,098 |
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The Ramgarhia Board Statement of Financial Position As at 31 March 2023
| Notes Fixed assets Tangible assets 11 Current assets 12 Debtors: amounts falling due within one year Debtors: amounts falling due after more than one year 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds Total funds |
£ 2023 1,470,604 1,470,604 19,998 17,000 913,666 950,664 (246,035) 704,629 2,175,233 2,175,233 2,175,233 2,175,233 |
£ 2022 1,475,691 |
|---|---|---|
| 1,475,691 | ||
| 19,998 - 799,463 |
||
| 819,461 | ||
| (198,054) 621,407 |
||
| 2,097,098 | ||
| 2,097,098 | ||
| 2,097,098 | ||
| 2,097,098 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Mohinder S Birdi Trustee 20 April 2023
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The Ramgarhia Board Notes to the Financial Statements For the year ended 31 March 2023
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.
The Ramgarhia Board meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Funds
Fund are accounted for on a receipts basis.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Offerings and donations - receipts basis.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Costs of generating funds
Expenditures are accounted for on a payment basis, where made.
Charitable activites
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor vehicles
10% Reducing balance
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The Ramgarhia Board Notes to the Financial Statements Continued For the year ended 31 March 2023
2. Income from donations and legacies
| 2. Income from donations and legacies | ||
|---|---|---|
| Unrestricted funds Donations received Grants received Gifts in kind Donated goods and services 3. Investment income Unrestricted funds Income from investment properties Bank interest receivable 4. Expenditure on generating donations and legacies Unrestricted funds Legacies 5. Costs of charitable activities by fund type Unrestricted funds Support costs 6. Costs of charitable activities by activity type Activity 2 |
2023 £ 163,812 - 16,729 12 180,553 2023 £ 27,328 996 28,324 2023 £ 58,445 58,445 2023 £ 61,132 2023 £ 61,132 |
2022 £ 108,110 6,533 28,292 1,588 |
| 144,523 | ||
| 2022 £ 24,689 18 |
||
| 24,707 | ||
| 2022 £ 34,786 |
||
| 34,786 | ||
| 2022 £ 24,686 2022 £ 24,686 |
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The Ramgarhia Board Notes to the Financial Statements Continued
For the year ended 31 March 2023
7. Analysis of support costs
| nalysis of support costs | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Governance costs | 61,132 | 24,686 |
| et income/(expenditure) for the year | ||
| This is stated after charging/(crediting): | ||
| 2023 | 2022 | |
| £ | £ | |
| Depreciation of owned fixed assets | 5,087 | 5,652 |
| Accountancy fees | 1,260 | 480 |
8. Net income/(expenditure) for the year
9. Staff costs
Total staff costs for the year ended 31 March 2023 were:
| Total staff costs for the year ended 31 March 2023 were: | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Salaries and wages | 51,326 | 31,755 |
| 51,326 | 31,755 | |
| 2023 | 2022 | |
| Admin | 0 | 3 |
| 0 | 3 |
10. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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The Ramgarhia Board Notes to the Financial Statements Continued
For the year ended 31 March 2023
11. Tangible fixed assets
| Cost or valuation At 01 April 2022 At 31 March 2023 Depreciation At 01 April 2022 Charge for year At 31 March 2023 Net book values At 31 March 2023 At 31 March 2022 |
Land and buildings £ 1,424,826 1,424,826 - - - 1,424,826 1,424,826 |
Fixtures and fittings £ 163,058 163,058 112,193 5,087 117,280 45,778 50,865 |
Total £ 1,587,884 |
|---|---|---|---|
| 1,587,884 | |||
| 112,193 5,087 |
|||
| 117,280 | |||
| 1,470,604 | |||
| 1,475,691 |
12. Debtors
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Amounts due within one year: | ||
| Amounts due by group and associated undertakings | 19,998 | 19,998 |
| 19,998 | 19,998 | |
| Amounts due after more than one year: | ||
| Other debtors | 17,000 | - |
| 17,000 | - | |
| Creditors: amounts falling due within one year | ||
| 2023 | 2022 | |
| £ | £ | |
| Amounts due to subsidary and associated undertakings | 244,914 | 194,914 |
| Other creditors | (139) | 1,880 |
| Accruals and deferred income | 1,260 | 1,260 |
| 246,035 | 198,054 |
13. Creditors: amounts falling due within one year
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The Ramgarhia Board Notes to the Financial Statements Continued For the year ended 31 March 2023
15. Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Tangible | Net current | Net Assets | |
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General religion events | 1,470,604 | 704,629 | 2,175,233 |
| 1,470,604 | 704,629 | 2,175,233 | |
| Previous year | |||
| Tangible | Net current | Net Assets | |
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General religion events | 1,475,691 | 621,407 | 2,097,098 |
| 1,475,691 | 621,407 | 2,097,098 |
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