REGISTERED COMPANY NUMBER: 04062419 (England and Wales) REGISTERED CHARITY NUMBER: 1093192
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2023 for SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 8 |
| Independent Examiner's Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 to 12 |
| Notes to the Financial Statements | 13 to 17 |
| Detailed Statement of Financial Activities | 18 to 19 |
SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees
for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of 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 Republic of Ireland (FRS 102) (effective 1 January 2015).
We present our Annual Report for 2022/23. Sikh Nari Manch UK, the registered charity has been in operation for 24 years. We have been operating the: Northside Welcome Centre for 18 years now, which continues to selflessly serve the wider communities, irrespective of background Mata Tripta Darbar, also for 18 years, continues to provide inclusive opportunities for worship in the Sikh tradition.
We are pleased with how the past year has gone, we have continued with the progress of providing a warm welcome space for the community where they feel welcomed to share and feel connected. We have continued to provide a comprehensive timetable of health and well-being activities, such as: Arts and Crafts, Tai Chi, Computer Classes, Mindfulness and Healthy Eating, as well as coffee morning and providing Advice and Guidance.
REFERENCE AND ADMINISTRATIVE DETAILS REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04062419 (England and Wales)
Registered Charity number 1093192
Registered office Northside Welcome Centre 176 Streetly Road Erdington Birmingham B23 7AL
Trustees Mrs J Bhambra JP MRPS Mr. P S Garcha MCMI Bibi G Kaur OBE Mr. A L Shrimpton Mr. A S Mangat MBE
REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary Mrs J Bhambra JP MRPS
Independent examiner
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees
for the Year Ended 31 March 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Sajjad Bandali FCCA Harris Accountancy Services Ltd 1st Floor, Cobalt Square 83 Hagley Road Birmingham B16 8QG
Northside Welcome Centre Development Officer: Mr. Satpal Singh
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The governing document requires the charitable company to have at least three trustees who must also be members. One-third of the trustees must retire at each AGM, those longest in office retiring first. The trustees hold at least two meetings each year with majorities determining decisions.
Recruitment and appointment of new trustees
The existing trustees and Board members are responsible for the recruitment of new trustees and Board members. In doing so, the trustees seek the views and recommendations of the wider members and beneficiaries of the charity.
Although we are a Sikh-ethos-based charity, in the tradition of the Sikh faith, the concept of Sarbat Da Bhalla (for the welfare of all), and membership is open to people of all faiths and none. The trustees believe that this approach ensures that new trustees and Board members can be recruited based on their commitment and skills-set within the framework of 'Seva'. We are actively looking to recruit new Board members.
Induction and training of new trustees
Following their appointment, new trustees and Board members are introduced to their new role and given copies of the Memorandum and Articles of Association and a guide to the policies and procedures adopted by our charity, in particular the safeguarding of vulnerable adults. A number of good practice publications from the Charity Commission are also issued including the role of Trustees, guidance on charities and public benefit, and on the advancement of religion for public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act.
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees
for the Year Ended 31 March 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure
The charity trustees are responsible for the general control and management of the charity. The trustees are volunteers and give their time freely as Seva (selfless service) and receive no remuneration or other financial benefits. The five trustees meet together as a body on a quarterly basis as part of a wider Board of Directors, which also includes the opportunity for a wider group of individuals to serve as non-executive or co-opted members of the Board to bring specific skills and insights to shape and inform decision-making.
The Board has also included two service users who have provided a direct link back to our beneficiaries and have championed their voice. In addition, other service users, John Bennet, Lisa Green and Lesley Smith have attended meetings and enriched our understanding of local needs. Our Centre Users help to keep us 'grounded' in the reality of the local context. They have also provided the link with the locality and representation at the local Ward Advisory Committee.
Our funding adviser, Jane Bailey is also in-attendance at some Board meetings. Jane also chairs another large local charity and is able to share good practice and provide a valuable external challenge to advise us on our continuous improvement.
Jane is actively involved in local inter-faith networks and the Birmingham Council of Faiths and brings this wider network into our orbit.
The day-to-day running of the Centre is delegated to the Development Officer who oversees a team of volunteers .
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.
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees
for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES Objectives and aims
Charitable Objects
The principal activity of the charitable company during the year was that of:
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empowering women from all ages and backgrounds in the interests of social welfare with the objective of raising their self-esteem through organising educational, spiritual, and recreational activities for them
-
for general charitable purposes as determined by the Trustees.
This includes:
-the general mainstream 'offer' of services with the provision, maintenance, and management of a community centre, the Northside Welcome Centre (NWC) to support the social welfare of local people in need
-hosting Mata Tripta Darbar, an independent, non-political spiritual space in the Sikh tradition, named after the mother of Guru Nanak, the founder of the Sikh faith. Mata Tripta Darbar is an inclusive space that welcomes all, regardless of gender, class, age, ethnicity, background, sexuality, or culture. It is an experiential learning space providing opportunities for all to participate, serve and connect. Mata Tripta Darbar's focus is on promoting and teaching 'Naam Simran' (the treasure of meditation techniques in the Sikh tradition) to facilitate happiness, wellbeing, and personal transformation.
Our objectives draw upon the roots of the charity as a Sikh faith-based organisation but serve the whole of humanity in line with the principle of 'Sarbat Da Bhalla' (welfare of all). We are inspired by the four doors to the Golden Temple, which are open to people from all directions and all backgrounds, similarly, the centre is open to all. Locally we are known as the 'Welcome' centre.
Each year the Board reviews the objectives and activities to ensure that they continue to reflect our charitable objects. In conducting this review, the trustees have considered the Charity Commission's general guidance on public benefit.
Community Inclusion At Our Heart
An important aspect of our work is community welfare and education. All of our community facilities and activities including classes, health and wellbeing initiatives, and events are open to all and widely advertised. We are proud of our track record of being a truly inclusive organisation. It is our aim to create a harmonious, vibrant, and empowered local community with NWC at the heart of a flourishing neighbourhood. It is our mission to continue to serve our locality in the spirit of graceful self-less service, which is of high quality and calibre, non-judgemental, and without any expectation.
A cross-cutting theme of our work is the Interfaith and community cohesion work we do on a very local grassroots level. This is implicit in all that we do as we have people of different backgrounds accessing our services and attending our events. It is often through the informal and unstructured exchanges between people that the opportunities for friendships and better understanding can occur in an organic and meaningful way.
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees
for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES Partnerships and grants
Places of Welcome
NWC has joined the Places of Welcome Network and although we provide a warm welcome anytime, Tuesdays, when we host the coffee morning, which continued up to the lockdown.
Community Catalyst
We are participating in the pilot in Erdington to promote and provide 'Day Opportunities' through Adult Social Care, to people with disabilities or long-term conditions who have a personal budget.
ENNS (Erdington Neighbourhood Network Scheme) Funded a holistic wellbeing project called 'Connect, Share and Smile' that ran over the duration of 2022/2023. Awards For All awarded us funding for the project 'Invest in Yourself' Heart of England (Harry Payne) awarded us funding for the project 'Out and About' Tesco (Ground Work) awarded us funding for computer classes.
NDSU funded us core costs for the period of running the Centre for 6 months.
OBJECTIVES AND ACTIVITIES
Partnerships
The trustees confirm they have had due regard for the charity commission's guidance on public benefit when planning and delivering the charity's activities. The charity carries out a wide range of activities in the furtherance of its charitable aims. The trustees consider that these activities summarised below, provide benefit to both the Sikh community, in particular, Sikh women, by whom the charity was originally established and the wider community of Erdington and Greater Birmingham.
In providing public benefit, the charity runs the:
Northside Welcome Centre - a community hub open to all, providing a lifeline for people seeking information, advice and guidance, employment support, formal and informal learning, health and wellbeing and volunteering opportunities.
Mata Tripta Darbar - a spiritual space within the NWC, where the Sikh activities take place. It is led entirely by volunteers and an opportunity for Sikh women to provide leadership. The space provides a spiritual anchor for the charity enabling it to focus on its mission to gracefully serve the local community as a 'lighthouse' of support.
Mata Gujri Support Fund - we have established a discretionary fund, providing small bursaries for people to enable them to access our activities and classes. Funds are provided by 'dasvandh' (tithing) donations made by members and supporters. Support can be used towards transport, equipment, and any fees made for events on a discretionary basis by the Trustees. This year we continued to allocate a budget of £600, and we have made provision for four individuals to attend our annual retreats and workshops who wouldn't have been able to attend otherwise. Our long-term plan is to promote the fund more widely to increase donations and awards that can be made, particularly to specific people in crisis, but operate within the umbrella of SNM to keep costs to a minimum.
Supporting and Enabling Others
Over the last financial year, we have had just over 300 people attend one or more of our many services. The clientele were of diverse background about 40% BME-black and minority ethnic and 60% British European. Majority of the cliental were of mature age 50 plus, and majority have experienced a lot of hardship particular through the pandemic, Many have said the Northside Welcome Centre has been a Lifeline to them
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NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES
Partnerships and grants
Part of our strategy over the years is to be a catalyst to support grass-roots projects initiated by Sikhs and as an organisation to provide 'dasvandh' (tithing one-tenth of our annual income). Over the years, we have made donations to Comic Relief, Children in Need, Juvenile Diabetes Research Trust, Khalsa Aid, Pingalwara Charity in India, Scouts Association, and local hospices, hospitals, and other good causes. However, in line with the ethos of 'Sarbat Da Bhalla' (Welfare of All), we will support anyone who requests our help and is working towards a good cause in line with our objects. As a small organisation, we are not able to provide grants but are able to provide small donations, provide mentoring, know-how, access to our facilities, procurement, and opportunities to partner. In the past, we have supported a variety of local good causes including a local church, homeless project, food bank, small business start-ups, social enterprises and international aid appeals. Given the immense challenges of raising funds for our own charity, this year, we have supported a number of local individuals and organisations, particularly with non-financial support.
Plans for the Future and Public benefit
Continue to make improvements to the building and facilities. This is a priority for the Trustees in the coming years in order to improve the experience for our Service-Users and improve community usage and potential income generation. We have a number of capital funding applications that are pending decisions to improve the facilities and general condition of the building. This will enable us to deliver an improved experience and increase the range and reach of our services.
Longer-term projects are to:
-construct a two-storey extension in the rear yard to create a community hall and meeting spaces on both floors- install damp-proofing measures to improve community use of the basement level -improve the access to the first floor and basement by re-configuring the staircase, improving means of escape, and installing a platform lift to the basement- improving the frontage by leveling the roofline by installing a pitch to the flat roof of the extension and installing an architectural -glass porch which will serve as a new welcoming entrance.
Revenue funding and income generation
The charity will continue to operate in a financially prudent way with day-to-day spending and procurement of goods and services through value-for-money practices. Grant funding applications are being made for activities that support our mission. Income generation through fundraising, room hire opportunities and sales of small items will be ongoing.
The Trustees are also scoping the feasibility of investment income to future-proof the charity through a property and affordable housing portfolio. This is at a preliminary stage of development, subject to the availability of suitable site(s) and finance.
Use of Volunteers
The concept of Seva (selfless service) in the Sikh tradition is an essential component of our work. Seva can be practiced through volunteering and we actively promote opportunities for people to give their time and skills to further our mission.
In addition, for those people looking for employment, volunteering provides valuable work experience to support job applications. We have 0.8 FTE paid full-time member of staff and so volunteers form the backbone of the charity. We have over 30 people regularly giving their time and skills including the Board members. This equated to well over 2,000 hours of volunteer time which equates to over. £20,000 of added value.
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees
for the Year Ended 31 March 2023
ACHIEVEMENT AND PERFORMANCE
Key Achievements for the Year
The past year has been rewarding and successful, there have been plenty of positive testimonies from many of the Centre Users which is always very pleasing to see as that makes it all worthwhile for providing services at our Northside Welcome Centre.
We have continued to provide a warm welcome space for the community to come where they can feel safe and connected, make new friends and share experiences, giving them a feeling of belonging.
Our timetable of activities has been nice and varied, providing holistic services for health and well-being, services which include: Arts and Crafts, Tai Chi, Computer Classes and courses, Fitness sessions, Healthy Eating workshops, Well-being Workshops and a Warm Welcome Space alongside our Coffee Morning. We were fortunate enough to be able to provide some day trips out for the local community to visit educational establishments around Birmingham, some of which were the Botanical Gardens and The Think Tank.
FINANCIAL REVIEW
Reserves policy
The trustees approved a Reserves Policy, which requires the charity to maintain in-hand three months operating costs in reserve. The sector average is four months. The trustees recognised this is a significant risk to the Charity and are always looking to accumulate reserves to strengthen financial resilience and for unforeseen expenditure and emergencies.
Principal funding sources
Principal funding sources The charity's main sources of income are grants, room hire, and fundraising from individuals. Income from grants equated to24,056. adaptations to make the centre safe and ready for recovery.
Grants towards supporting our activities are detailed above. These grants have enabled us to continue to provide support for unemployed people, promote better health and wellbeing for vulnerable people, and services for older residents.
Investment policy
The charity owns our freehold premises outright, which we estimate to be worth in the region of £250,000. Our cash reserves are held in deposit accounts with HSBC Bank. We are currently reviewing our banking arrangements towards an ethical financial provider, which aligns with our values. NEST is used as our pension provider.
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Report of the Trustees
for the Year Ended 31 March 2023
FUTURE DEVELOPMENTS
PLANS FOR FUTURE GROWTH
Our priorities for 2023/234 are to build the resilience and sustainability of the charity to:
re-establish connection with the Job Centre to support unemployed adults. We do not receive any financial support from the Job Centre, so will need to seek external funding for this service, which is offered freely without conditionality, judgment, or expectation
- improve our offer of support for adults with learning difficulties and disabilities through day opportunities
-develop new projects for older residents as an Age Well Mini-hub to promote independence, community, friendship, good health, and wellbeing
-continue inspiring and building the Sangat (spiritual community) to receive spiritual nourishment from our programmes and services in order to spark social action / 'Seva' (voluntary service), wellbeing, and personal transformation. Improve the facilities for the sangat.
-develop our Five Year Business Plan for 2024- 2029, with a focus on further building refurbishments, capacity building, development of new provision to meet needs, and better utilisation of space to maximise income and provision of services
-strengthen the skills and expertise of the Board to deliver effective governance and inspirational and transformative leadership
-expand our core offer of services and activities, working in partnership with the community and in collaboration with partners such as Birmingham City Council, WEA, Job Centre, colleges and providers, and other local agencies.
Approved by order of the board of trustees on 14[th] December 2023 and signed on its behalf by:
MR P S Garcha - Trustee
Page 8
Independent Examiner's Report to the Trustees of SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
I report on the accounts of the company for the year ended 31 March 2023, which are set out on pages ten to seventeen.
Responsibilities and basis of report
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
-
that accounting records were not kept as required by section 386 of the Companies Act 2006; or
-
that the accounts do not accord with those records; or
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that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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; or
-
that there is further information needed for a proper understanding of the accounts.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Sajjad Bandali FCCA
Date: 15[th] December 2023
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Statement of Financial Activities
for the Year Ended 31 March 2023
| 31.3.23 Unrestricted funds Notes £ INCOMING RESOURCES Incoming resources from generated funds Voluntary income 6,211 Investment income 2 1,000 Incoming resources from charitable activities Grants 24,056 Total incoming resources 31,267 RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income 3 19,854 Fundraising trading: cost of goods sold and other costs 3,866 Charitable activities Grants 10,753 Total resources expended 34,473 NET INCOMING/(OUTGOING) RESOURCES (3,206) RECONCILIATION OF FUNDS Total funds brought forward 243,984 TOTAL FUNDS CARRIED FORWARD 240,778 |
31.3.22 Total funds £ 2,816 8,695 17,331 28,842 20,100 3,556 12,584 36,240 (7,398) 251,382 243,984 |
|---|---|
The notes form part of these financial statements
Page 10
SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Balance Sheet At 31 March 2023
| 31.3.23 Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 246,396 CURRENT ASSETS Cash at bank and in hand 7,480 CREDITORS Amounts falling due within one year 8 (3,704) NET CURRENT ASSETS 3,776 TOTAL ASSETS LESS CURRENT LIABILITIES 250,172 CREDITORS Amounts falling due after more than one year 9 (9,394) NET ASSETS 240,778 FUNDS 10 Unrestricted funds 240,778 TOTAL FUNDS 240,778 |
31.3.22 Total funds £ 226,434 32,644 (3,038) 29,606 256,040 (12,056) 243,984 243,984 243,984 |
|---|---|
The notes form part of these financial statements
Page 11
continued...
SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Balance Sheet - continued
At 31 March 2023
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Board of Trustees on 14[th] December 2023 and were signed on its behalf by:
MR P S Garcha - Trustee
The notes form part of these financial statements
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
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.
Taxation
The charity is exempt from corporation 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. INVESTMENT INCOME
Rents received
| 31.3.23 | 31.3.22 |
|---|---|
| £ | £ |
| 1,000 | 8,695 |
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
3. COSTS OF GENERATING VOLUNTARY INCOME
| Support costs | 31.3.23 £ 19,854 |
31.3.22 £ 20,100 |
|---|---|---|
4. NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
| 31.3.23 | 31.3.22 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 3,866 | 3,556 |
| Other pension costs | 328 | 328 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
6. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
31.3.23 £ 17,160 1,214 328 18,702 |
31.3.22 £ 17,160 1,148 328 18,636 |
|---|---|---|
The average monthly number of employees during the year was as follows:
| 31.3.23 | 31.3.22 |
|---|---|
| 1 | 1 |
No employees received emoluments in excess of £60,000.
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 7. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Plant and | ||||
| Land and | machinery |
|||
| buildings | etc |
Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 April 2022 | 241,858 | 29,020 |
270,878 | |
| Additions | 23,828 | - | 23,828 | |
| At 31 March 2023 | 265,686 | 29,020 | 294,706 | |
| DEPRECIATION | ||||
| At 1 April 2022 | 19,548 | 24,896 |
44,444 | |
| Charge for year | 3,248 | 618 | 3,866 | |
| At 31 March 2023 | 22,796 | 25,514 | 48,310 | |
| NET BOOK VALUE | ||||
| At 31 March 2023 | 242,890 | 3,506 | 246,396 | |
| At 31 March 2022 | 222,310 | 4,124 | 226,434 | |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.23 | 31.3.22 | |||
| £ | £ | |||
| Trade creditors | 1 | - | ||
| Taxation and social security | 1,904 | 1,239 | ||
| Other creditors | 1,799 | 1,799 | ||
| 3,704 | 3,038 | |||
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN | ONE YEAR | ||
| 31.3.23 | 31.3.22 | |||
| £ | £ | |||
| Other creditors | 9,394 | 12,056 | ||
| 10. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | ||||
| At 1.4.22 | in funds |
At 31.3.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 243,984 | (3,206) |
240,778 | |
| TOTAL FUNDS | 243,984 | (3,206) |
240,778 |
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
10. MOVEMENT IN FUNDS – continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 31,267 | (34,473) | (3,206) | |
| TOTAL FUNDS | 31,267 | (34,473) | (3,206) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | ||||
| At 1.4.21 | in funds | At | 31.3.22 | |
| £ | £ | £ | ||
| Unrestricted Funds | ||||
| General fund | 251,382 | (7,398) | 243,984 | |
| TOTAL FUNDS | 251,382 | (7,398) | 243,984 | |
| Comparative net movement in funds, included | in the above are as | follows: | ||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 28,842 | (36,240) | (7,398) | |
| TOTAL FUNDS | 28,842 | (36,240) | (7,398) | |
| A current year 12 months and prior year 12 months combined position is as follows: | ||||
| Net | ||||
| movement | ||||
| At 1.4.21 | in funds | At | 31.3.23 | |
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 251,382 | (10,604) | 240,778 | |
| TOTAL FUNDS | 251,382 | (10,604) | 240,778 |
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
10. MOVEMENT IN FUNDS – continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 60,109 | (70,713) | (10,604) |
| TOTAL FUNDS | 60,109 | (70,713) | (10,604) |
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
| Detailed Statement of Financial Activities for the Year Ended 31 March 2023 INCOMING RESOURCES Voluntary income Gifts Donations Investment income Rents received Incoming resources from charitable activities Grants Total incoming resources RESOURCES EXPENDED Fundraising trading: cost of goods sold and other costs Improvements to property Fixtures and fittings Computer equipment Support costs Management Wages Social security Pensions Telephone Postage and stationery Sundries Transport venue hire, rates and water Webhosting Workshop volunteer expense Legal and Professional fees Rent, rates and Insurance |
31.3.23 £ - 6,211 6,211 1,000 24,056 31,267 3,248 330 288 3,866 17,160 1,214 328 592 367 38 414 - 360 1,471 1,234 13 6,166 29,357 |
31.3.22 £ 1 2,815 2,816 8,695 17,331 28,842 2,828 388 340 3,556 17,160 1,148 328 727 51 68 - 5,084 180 - 550 13 3,260 28,569 |
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This page does not form part of the statutory financial statements
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SIKH NARI MANCH U.K. (All Sikh Women’s Organisation)
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Finance Bank charges Other Repairs and Maintanance Other 4 Accountancy and legal fees Total resources expended Net expenditure |
31.3.23 £ 98 - 1,152 34,473 (3,206) |
31.3.22 £ 30 2,621 1,464 36,240 (7,398) |
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This page does not form part of the statutory financial statements
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