REGISTERED CHARITY NUMBER: 109706> Report of the Trustees and Unaudited Financial St4temehts for the Year Ended 31 March 2024 for TEMPLE BABA BALAK NATH JI EK HAI MALAK Brindlevs Limii¢Yl ? NlTreelevs Road Edgbaston Bim?inghaTn West Midlands B152LD
TEMPLE BABA BALAK N'ATH JI EK HAI MALAK Contents of the Finan¢i#l Statements for the Year Ended 31 fvlarch 2024 Page Report of the Trustees Independent Examiner's Report Statement of Finaneial Actiiities Bal¥nce Sheet llotes to the Financial Statements 5 10 10 Detailed Statement of FinancRAI Activities
TEMPLE BABA BALAK NATH JI EK HAI MALAK Report of the Trustees for the Year Ended 31 _march 2024 The trustees present their report wtth the financial statements of the charity foi the year ended 31 March 2024. The trustees hae adopted thc provisions ol Accounting and Reporting by Charities.. SiateTnenl of Recommended Practice applicable to charilies prcpllringF their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} (effective l January 20191. STRUCTURE, GOITERNAP¥CE AND MNAGEMENT G4)verniNg document The charity is controued by its governing d(Kument, a deed of tru and constitutes an unincoor&ted chariiy. REFERENCE AND ADMINISTRATINT DETAtLS Registered Charity llumber 1097065 Principal address 48 Somert Road Handsworth Birininghazn West Midlands B20 2JD Trustees Bhagat Ranjit Singh Ji - Chair Surinder Kaur- Trustee Har¥'inder Kaur - Tnlstee Sukhjinder Singh - Tnjstee Independent Examiner Kl.]ndr Singyh Chawla F.C.C.A. Brindleys Limited 2 Wheelevs Road Edgb8Ston Birmingham West Midlands B152LD Approved b). order of the board of trustees on 12 March 2025 and signed on tis behalf by= S•72A Bhag¥ai Ranjit Singh Ji - Trustee Page I
Independent Examiner's Report to the Trustee5 of Temple Bab2 Balak Sath Jl Ek HAi .Malak Independent examiner's report to the trustees ofTemple Baba Balak NAth JI Ek Hai Malak I report to the chaiity trustees on my examination of tlie accounts of Temple Baba Balak Nath Ji Ek Hai Ma12k (the Trust) tor the year ended 31 March ?024. Responsibilities and bgsis of report As the ch2riry trustees of the Trust YOLI are responsible for the preparation of the a¢counts in accordance with the requirernents of the Chorities Aci 2011 ( Ihe Act,). l ryrt ID respect of my examination of the Tmst's accounts Larried out under SeLtion 145 of the Acl and in carrying out my examination I haw¢ followed all applicable Direciions given by the Charity Commission uoder Secliorj 145(5){b) ofthe Aci. Independent examlner's ststement I haN'e coinpletal my examination. I confimi that J]0 malertal tnattets have come to mv attentÈon in conneciion with the examination givinE me cause to believe that in any material respect.. accounting records were not kept in rpect of the Tn6st as required by Section 130 of ihe Act. or the accounts do not accord with tliose records,. or th¢ accounts do not comply with the applicable requtrements concerning the forni and ¢onlenE of accounis set out in th¢ Charities (Accounts and Reports) Regulalions ?008 other rhan any requErement that the accounts give a true arkd fair view H.'hich is not a matter considered as pall of an independenl examination. I have no concerns aud hai'e come across no other marters in conneetion with the examination to whi¢h attenrion should be drawn in this report in order to enable a propcr und¢rstsndiJ)g of the accounis to be reached. Kulwinder Singh CbaN,la F.C.C.A. Brindleys Limited 2 Wheelev.q Road Edgbaslon Binningh8m West Midlands B152LD 12 March ?0?5 Page 2
TEMPLE BABA BALAK )ATH JI EK HAI MALAK StatemeEkt of Financial Activities for the Year Ended 31 .March 2024 2024 Unrestricted fund 2023 Total funds Notes IPICOME Af%D EN'DoWlErys FROM Donations and le£a¢ies 30,508 31.788 InvestmerRt income 14 Total 30,522 31.793 EXPENDITURE ON Charitable 8ctiTrities Wages Repairs & Mainienance Heat Light Telephone Expenses Depreciation cliarg¥s Insurnnce Security expenses Grocery,, catering cxpenses ater Rates Accountancy charges 14,040 14,040 7,144 11,973 409 5,858 1,486 28? 3,143 922 13,150 571 5,785 IA62 282 720 Tot41 39J87 45.977 NET LNCOLMEI{EXPENDITURE) £&865) (14,184) RECON'CILIATIOTh OF FUINDS Total funds broughi forw'ard 314,940 330.1?4 TOTAL FUNDS CARRIED FORWARD 307,075 315.940 Th¢ notes fonn part of these financi81 stalemenls Page 3
TEMI PLE BABA BALAK liATH JI EK HAI IIALAK Bal*nce Sheet 31 March 2024 2024 Unrestricted fund 2023 Total funds Notes FIXED ASSETS Tangible assets 177,044 18? 829 CURRENT ASSETS Cash at bank and in hand 131A71 133.831 CREDITORS Amounts falling due within one year io (1,440) YET CURRENT ASSETS 130,031 133.111 TOTAL ASSETS LESS CURRENT LIABILITIES 307,075 315,940 NET ASSETS 307,075 315,940 FUINDS Unrestricted funds 307,075 315.940 TOTAL FL'NDS 307,075 315,940 The fu)ancial statemeTrts were approved by rhe Board of TNslees and authorised for issue OD 12 March 2025 and were S1_ed on tis behalf by.. Bhagat Ranjit Singh Ji - Trustee The notL% tonn part ot'ihese financial statements Page 4
TEMR PLE BABA BALAK NATH JI EK HAI MALAK No¢e5 to the Fin4ncial St&tements for the Year Ended 31 Nlareh 2024 AcCOuTr4TIG POLICIES Basis of preparing the financial ststements Tlie tinancial s(atements of the charity. which 18 a PLtblic benefii entity under FRS 102, hai'e been prepared in accordance wyith the Charities SORP (FRS 1021 'Aecounting and Reporting by Ch8rilies'. Statement ot Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {effectiN'¢ l January 2019),, Financial Reporting Standard 10? The Financial Reporting Standard applicable in the UK and Republic of Ireland. and Ihe Charitles Act 2011. The financial sthtemcnts have Ixen prepared under ibe historical cost con%'enÉton. Income All income is reeognised in the Statement of Financial Activities once the chariiy has entiilement to tl)e funds, it is probable that the iT]come will be reLeived and the amount rdn be measured reliably. Expenditure Liabililies are tecognised as expenditure as soon as ther¢ is a legal or constructie obligation committing the charity to that expenditure, it is probable thai a transfer of economic nefitS will be required in settlement and the amount ofthe obligaiion car& be measured reliably. Expenditure is aciounted for on an accn[S basis and has been classified under headings that aggregate all Lost relaied io the cateOry. I.he cosLq cannot be directly altribL6ted to panicular headings Ihev have been allocated to activiiies on a basis coi)sisienÉ with the use of resourcts. Tangible fixed assets Dq)tEciation is provided ai the following annual rntes in order ro write off each ttsset OV¢T its estimated usetul life. Taxation The charity is exempl from tax on its ¢harithble Activities. Fund accounting Unrestricted funds can be used in accordance w'ith the charitable objectives at the discretton of the trustees. Restrict¢d fvnds can orAly be used for particul2r rstricted purposes within the objects of the charity. Restrictions arise when specilicd by the donor or when fid5 are raised for particular testrieted purposes. Further explanalioD of the nature and purpose of each fund is included the noies to the financial siaiements. IX)YATIONS AND LEGACIES 2024 Donaiions 30,508 31,788 Page 5 onttnued...
TEMPLE BABA BALAK NATH JI EK HAI MAL.4K Notes to the fingncial Stxtements- continued for the Ytar Ended 31 March 2024 IVESTMEr INCOME 2024 ?0?3 Dq)osit accouni interest 14 CHARITABLE ACTIVITIES COSTS Support Costs {see note 5) Direcl Costs Totals Wages Heal Light Telcphone Expenses Depreciation Charges Insurdiice Security expenses Grocer)'I catering expenses Water Rates Accountancy charges 14,040 13.150 571 5,785 1,462 282 14.040 13,150 571 5.785 1,462 282 2,689 720 72 3&667 720 39J87 SUPPORT COSTS Goyemance costs Accountancy charges 720 TRLISTEES, REMUNERATIOIY AND BENE 'EFtTS There wer¢ no ttustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March2023. Trustees, expenses There were no trustees, expenses paid for the Yar ended 31 March 20?4 nor for the year ended 31 March ?0?3. Page 6 onlinued...
TEMPLE BABA BALAK NATH JI EK HAI MALAK Notes to the Fin8nflal Statements - continued for the Year Ended 31 March 2024 STAFF COSTS The average monthly number of employees during the year w'as as follows". 2024 20?3 Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unresiricled fi5nd INCOME AliD ENDOWMENTS FROM Donations and leoacies 31.788 Investment income Ttstsl 31,793 EXPEINDITLIRE OIY Ch¥ritable aCtItIeS WagL Repairs & Mainlettance Heat Ltght Telephone Expenses Deprectatioo Lharges En,%urance Securiry expet)ses Gro¢eTr, caleting expenses Water Rates Ac¢ountsncy chargyes 14,040 7,144 11,973 409 5,8£8 1.486 282 3.143 7?0 Total 45.977 NET INCO.ME/(EATENDtTL7RE) (14.184) RECONCILIATIOPI OF FLIDs Toial funds btt)ughi (otward 330,124 TOTAL FufiDS CARRIED FORWARD 315,940 Page 7 Continued...
TENIPLE BABA BALAK IIATH JI EK HAI MAL4K Notes to the Fillancial Statements- ¢ontiDued for the Year Ended 31 larCh 2024 TAh'CIlBLE FIXED ASSETS Fixtures and fittings Freehold property Totals COST At l April ?023 and 31 March 2024 274897 25,640 31NIS.17 DEPRECIATION Ai i April ?0?3 Charge for y¢ar 93518 24,190 117,708 5,785 At 31 March 20?4 99,013 24,480 123,493 NET BOOK VALUE At 31 March 2024 175,884 1,160 177,044 Ai 31 March 2023 181.379 1.450 18? 829 io. CREDrroRS: AMOUIITS FALLtN'G DUE M'TFHIN ON'E YEAR 2024 2023 Other creditors 1,440 MOVEMENT IN FUNDS Nel movement tn funds Al 1.4.23 31.3.24 Unrestricted ndS General fillid 315,940 (8,865) 307,075 TOTAL FUP*DS 31_S,940 (8,865) 307,075 Net movemLmt in funds. included in the above are as follows.. Incoming resources Resources expended Mowernent in furds Unrestricted fuThds General fund 30.522 (39,387) (&865) TOTAL FUINDS 30522 {39,387) 18,865) Page 8 colliinued...
TEMPLE BABA BALAK NATH JI EK HAI MALAK Notes to the Finanelal Statements- eontinued for the Year Ended 31 March 2024 ii. MONEMEN'T INL FUNDS - continued CompgTatiTres for movement in funds Net mofvement in funds At 1.4.22 31.3.23 Unrestricted funds General fill)d 330.124 (14.184) 315.940 TOTAL FULIDS 330.124 (14,184) 315,940 Coinparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Mo¥'ement u) ndS Unrestricted funds General fund 31,793 (45,977) (14,1841 TOTAL FUNDS 31,793 45.9771 (14,184) A ¢UTrenl year 12 months and prtor year 12 months combined posilioD Is as follows". movement in lunds At 31.3.24 Ai 1.4.22 Unrestricted funds General fund 330.1?4 23,049) 307.075 TOTAL FUNDS 330,1?4 (23.049} 307.075 A current year 12 months and prior year 12 Inonths combined net movement in funds, included in the above are ag follows: Incoming resources ResoÈtrLes expended Movement in ndS Unre5tri¢ted funds General fund 62.315 {85.364) {23,0491 TOTAL FUh'DS 62,315 (85.364) (23,049) Page 9 continued...
TEMPLE BABA BALAK NATH JI EK HAI MALAK Notes to the Financial Statemellts- c(mtinued for the Year Ended 31 March 2024 12. RELATED PARTY DISCLOSURES There were no related party Eraiisactions for the year ended 31 Mah ?0?4. Page 10
TEMPLE BABA BALAK NATH JI EK HAI IIAIAK Detailed Stalement of Financial Activities for the Year Ended 31 Mareh 2024 2024 202? INCOME AJJ D ENDOWMEwrs Donation5 aDd legacies Donations 30,508 31,788 Investment income Deposit a¢count interest 14 TotY41 incomlng resources 30,522 31,793 EXPENDITURE Charitable actiTrities W3ges Watcr rates Insuraiice Light and heat Telephone Groceryl catering Repairs & Mi aintenance Security Freehold property FiXtuS and fittings 14,040 14.040 9?2 1.486 11.973 409 3.143 7,144 282 5.495 363 1,462 13,150 571 282 5,495 290 38,667 45.257 Support costs Goi-ern¥nce cosls AccountanL)f and legal fees 720 720 Total resources expended 39J87 45,977 Net expenditure (&865> 114,184) This page does noi fomi part of the slatutory fmancial stalements Pagell