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|---|---|---|---|
|Reference and Administrative
Details||||
|Trustees' Report|2|to|7|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Statement of Financial Position|10|to|11|
|Notes to the Financial Statements|12|Io|19|
|Detailed Statement of Financial Activities|20|to|21|
|TRUSTEES||Mr Sukhdev|Singh|Chairman|
|---|---|---|---|---|
|||Mr Gian Singh|||
|||Mr Lakhbir|Singh||
|COMPANY SECRETARY||Mr Lakhbir|Singh||
|REGISTERED|OFFICE|46 Hockfey|Hill||
|||Hockley|||
|||Birmingham|||
|||B185AQ|||
|REGISTERED|COMPANY NUMBER|04526896 (England||and Wales)|
|REGISTERED|CHARITY NUMBER|1094421|||
|INDEPENDENT|EXAMINER|Watergates|||
|||109Coleman
Road|||
|||Leicester|||
|||Leicesters hire|||
|||LE54LE|||
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|||||||30/6/22||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|fundf|fundf|funds
f|funds|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||5,250||5,250|7,150|
|Charitable
activities||||||||
|Panjabi classes|||||4,649|4,649|2,233|
|Investment
income|||3|57,734||57,734|49,037|
|Total||||62,984|4,649|67,633|58,420|
|EXPENDITURE ON||||||||
|Raising funds||||26||26||
|Charitable
activities||||||||
|Panjabi classes||||1,440|10,215|11,655|9,766|
|Other||||7,421|65,312|72,733|70,469|
|Total||||8,887|75,527|84,414|80,235|
|Net gains/(losses)|on investments|||(46,602)||(46,602)|50,963|
|NET INCOME/(EXPENDITURE)||||7,495|(70,878)|(63,383)|29,148|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||999,511|1,783,840|2,783,351|2,754,203|
|TOTAL FUNDS CARRIED FORWARD||||1,007,006|1,712,962|2,719,968|2,783,351|
||||||30/6/22|30/6/21|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|fund
E|fund
E|funds
E|fundsf|
|FIXEDASSETS|||||||
|Tangible assets||12|52|835,404|835,456|862,362|
|Investment
property||13||684,724|684,724|664,724|
||||52|1,520,128|1,520,180|1,547,086|
|CURRENT ASSETS|||||||
|Debtors||14|5,320|5,574|10,894|5,031|
|Investments||15|606,816||606,816|635,843|
|Cash at bank and|in hand||399,300|196,919|596,219|609,404|
||||1,011,436|202,493|1,213,929|1,250,278|
|CREDITORS|||||||
|Amounts
falling due within one year||16|(4,482)|(9,659)|(14,141)|(14,013)|
|NET CURRENT ASSETS|||1,006,954|192,834|1,199,788|1,236,265|
|TOTAL ASSETS|LESSCURRENT|LIABILITIES|1,007,006|1,712,962|2,719,968|2,783,351|
|NET ASSETS|||1,007,006|1,712,962|2,719,968|2,783,351|
|FUNDS||17|||||
|Unrestricted
funds|||||1,007,006|999,511|
|Restricted funds|||||1,712,962|1,783,840|
|TOTAL FUNDS|||||2,719,968|2,783,351|
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||||||||30/6/22|30/6/21|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||||E||K|
||Company|Donations|||3,500||3,500|6,000|
||Individual|Donations|||1,750||1,750|1,150|
||||||5,250||5,250|7,150|
|3.|INVESTMENT INCOME||||||||
||||||||30/6/22|30/6/21|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||||||E|E|E|E|
||Rents received||||39,840||39,840|30,196|
||Bank interest receivable|||||||1,721|
||Dividends|on share investments|||17,894||17,894|17,120|
||||||57,734||57,734|49,037|
|4.|INCOME|FROM|CHARITABLE|ACTIVITIES|||||
||||||||30/6/22|30/6/21|
|||||Activity|||E||
||Charitable|trading|activities|Panjabi classes|||4,649|2,233|
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||||||||30/6/22|30/6/21|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds
E|funds
E|funds
f|funds
E|
|Interest|payable|and|similar|charges|26||26||
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|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|
|||Support||
||Direct|costs (see||
||Costs|note 7)|Totals|
||6|6|E|
|Panjabi classes|10,215|1,440|11,655|
|SUPPORT COSTS||||
||||Governance|
||||costs|
|Panjabi classes|||1,440|
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|Net income/(expenditure)|Net income/(expenditure)|is stated after charging/(crediting):|||
|---|---|---|---|---|
||||30/6/22|30/6/21|
|||||6|
|Depreciation|-owned assets||26,906|26,906|
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|30/6/22|30/6/21|
|---|---|
|1|1|
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|No employees|No employees|received emoluments|received emoluments|in excess off60,000.||||
|---|---|---|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||||ACTIVITIES|||
||||||Unrestricted|Restricted|Total|
||||||fund|fund|funds|
|||||||6||
|INCOME|AND|ENDOWMENTS|FROM|||||
|Donations|and|legacies|||7,150||7,150|
|Charitable|activities|||||||
|Panjabi classes||||||2,233|2,233|
|Investment|income||||49,037||49,037|
|Total|||||56,167|2,233|58,420|
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|COMPARATIVES|FOR THE STATEMENT|OF FINANCIAL AC|TIVITIES - continu|ed||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
||||E|E|E|
|Charitable
activities||||||
|Panjabi classes|||1,800|7,966|9,766|
|Other|||6,019|64,450|70,469|
|Total|||7,819|72,416|80,235|
|Net gains on investments|||50,963||50,963|
|NET INCOME/(EXPENDITURE)|||99,331|(70,183)|29,148|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward||900,180|1,854,023|2,754,203|
|TOTAL FUNDS CARRIED FORWARD|||999,511|1,783,840|2,783,351|
|TANGIBLE FIXEDASSETS||||||
|||Freehold|Plant snd|Fixtures||
|||property
E|machinery
E|8fittings
f|Totals
E|
|COST||||||
|At 1stJuly 2021 and|30th June 2022|939,896|100,388|24,236|1,064,520|
|DEPRECIATION||||||
|At 1stJuly 2021||139,560|39,829|22,769|202„158|
|Charge for year||18,798|6,693|1,415|26,906|
|At 30th June 2022||158,358|46,522|24,184|229,064|
|NET BOOK VALUE||||||
|At 30th June 2022||781,538|53,866|52|835,456|
|At 30th June 2021||800,336|60,559|1,467|862,362|
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|||||
|---|---|---|---|
|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||30/6/22|30/6/21|
|||E|E|
|Prepayments
and accrued income||10,894|5,031|
|CURRENT ASSET INVESTMENTS||||
|||30/6/22|30/6/21|
||||E|
|Listed investments||606,816|635,843|
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|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE|YEAR||
|---|---|---|
||30/6/22|30/6/21|
||E|E|
|Trade creditors|7,909|7,781|
|Social security and other taxes|750|750|
|Other creditors|4,482|4,482|
|Wages control account|1,000|1,000|
||14,141|14,013|
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|MOVEME|NT|IN FUNDS||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.7.21|in funds|30.6.22|
||||E|E|E|
|Unrestricted||funds||||
|General fund|||999,511|7,495|1,007,006|
|Restricted|funds|||||
|Restricted|Fund||1,783,840|(70,878)|1,712,962|
|TOTAL FUNDS|||2,783,351|(63,383)|2,719,968|
##
|Net movement
in funds,
included
in|the above are as follows:||||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
||E|E|E|E|
|Unrestricted
funds|||||
|General fund|62,984|(8,887)|(46,602)|7,495|
|Restricted funds|||||
|Restricted
Fund|4,649|(75,527)||(70,878)|
|TOTAL FUNDS|67,633|(84,414)|(46,602)|(63,383)|
##
|||||Net|||
|---|---|---|---|---|---|---|
|||||movement|At||
||||At 1.7.20|in funds|30.6.21||
||||E|E|E||
|Unrestricted||funds|||||
|General fund|||900,180|99,331|999,511||
|Restricted|funds||||||
|Restricted|Fund||1,854,023|(70,183)|1 783840|1|
|TOTAL FUNDS|||2,754,203|29,148|2,783,351||
##
|Comparative
net movement
in fund|s,
included
in the above are|as follows:|||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
||E|E|E|E|
|Unrestricted
funds|||||
|General fund|56,187|(7,819)|50,963|99,331|
|Restricted funds|||||
|Restricted
Fund|2,233|(72,416)||(70,183)|
|TOTAL FUNDS|58,420|(80,235)|50,963|29,148|
##
##
|A current year 12months|and prior year 12months|combined|position
is as fo|llows:||||
|---|---|---|---|---|---|---|---|
||||||Net|||
|||||movement||At||
||||At 1.7.20||in funds|30.6.22||
||||E|||K||
|Unrestricted
funds||||||||
|General
fund|||900,180|106,826||1,007,006||
|Restricted funds||||||||
|Restricted
Fund|||1,854,023|(141,061)||1,712,962||
|TOTAL FUNDS|||2,754,203||(34,235)|2,719,968||
|A current year 12 months|and prior year 12months|combined|net movement|in funds,|included|in the above||
|as follows:||||||||
|||Incoming|Resources|Gains and||Movement||
|||resources
E|expended
E||losses
E|in funds
f||
|Unrestricted
funds||||||||
|General fund||119,171|(16,706)||4,361|106,826||
|Restricted funds||||||||
|Restricted
Fund||6,882|(147,943)|||(141,061)||
|TOTAL FUNDS||126,053|(164,649)||4,361|(34,235)||
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||30/6/22|30/6/21|
|---|---|---|
||6|Z|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Company
Donations|3,500|6,000|
|Individual
Donations|1,750|1,150|
||5,250|7,150|
|Investment
income|||
|Rents received|39,840|30,196|
|Bank interest receivable||1,721|
|Dividends
on share investments|17,894|17,120|
||57,734|49,037|
|Charitable
activities|||
|Charitable
trading
activities|4,649|2,233|
|Total incoming
resources|67,633|58,420|
|EXPENDITURE|||
|Other trading activities|||
|Bank interest|26||
|Charitable
activities|||
|Tutor fees|10,215|7,966|
|Other|||
|Wages|15,000|15,000|
|Legal &professional||146|
|Consultancy
fees|3,090|3,126|
|Insurance|6,167|5,917|
|Telephone|565|823|
|Stationery
&postage|1,433|914|
|Sundry|1,010|343|
|Bank charges|24||
|Rates &water|6,674|6,618|
|Light & heat|3,397|3,954|
|Repairs &maintenance|3,248|2,219|
|Management
fee - Quilter Chevi|5,219|4,503|
|Depreciation
oftangible fixed assets|26,906|26,906|
||72,733|70,469|
##
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##
||||30/6/22|30/6/21|
|---|---|---|---|---|
|||||E|
|Support costs|||||
|Governance costs|||||
|Accountancy
and legal fees|||1,440|1,800|
|Total resources expended|||84,414|80,235|
|Net expenditure
before gains and losses|||(16,781)|(21,815)|
|Realised recognised|gains and losses||||
|Realised gains/(losses)|on fixed asset||||
|investments|||(46,602)|36,700|
|Realised gains/(losses)|on programme|related|||
|investments||||14,263|
|Net (expenditure)/income|||(63,383)|29,148|