Registered number 04630683 Reglstered Charity number 1099336 Bhat Singh Sabha {Highgate) Accounts 31 March 2024 POLKADOT & ELLIS Incorporating P&W Social Aceounlanls
Bhat Singh Sabha (Highgatel Company Information Trustees Mr Sukhchain Singh Mr Prilpal Singh Mr Mukhliar Singh Mr Manjeel Singh Mr Mahlnderpal Singh Mr Jindur Singh Key personnel: ChSef Executlve Officer & Company Secretary Mr Vijay Singh Gola Accountants RB Welch P&W Social Accountants Ltd The Barn 173 Church Road Northfield Birmingham B312LX Bank&r8 Natwesl 30a Harborne Road Blrmingham B15 3A4 Reglstered offlce 256 Moseley Road Highgalg Blrmingham B12 OBS Reglgtered company numljer 04630683 Reglstered charlty number 1099336
Bhat Slngh Sabha IHighgat&> Registered number: Trustees, Report 04630683 Introductkjn The Trustees who are a180 directors of IhÈ Charity for thè purposès ef thè Companies Act 2006. present their report and accounts for the year ended 31 March 2024. The Iruslees have adopted the provisions of Accounting and ReportirKJ by Charities.. Statement of Recommended Practice applicable to Chare$ preparing their accounts in accordance wth the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 effective 1 January 2015. Main A¢tlvlll•s We have referred lo the guidance cont8in8d in thè charity commission's general gui¢Jance on public boneflt r¢Ylewng our alm and objecllves and In planning our future activities. In particular, the Irustses nsider how planned activities wll contribute to the aims and oblectsves they have sel. Flnan¢lal Revlew During Ihls fin8ndal pthod. The Saffron Centre experlenced a mlxed pattern of ullllsalion. The first hall ol thg ygar saw coritinued increased usage, however. the second hallwitnessed a notabl8 dedine. Thi6 decline was likely due to uncertainty and budget restraints resulting from sever81 macroeconom1c factor5. Additionally, the org8n18allon faced a 81gnificanl increas? in tho w5101 providing its facilitie8 and seNi¢es. Despite the88 challenga8, th•rÉ w86 a 14.16% Increase in turnovor1£43,3181. rfslng from £2,556 the previou¥ y¢ar19 £305,872. The year concluded with g surplus 01 £34.370 excluding the loss due lo tho wrlle off ol tho v6hlcl8. Futurè Plans Contlnued efforts are needed lo enhance the re8ources and facllStles the charity offers lo ensure the centro r¢malns a viable, sustainable, and sought.after cornmunity resource. To th18 end, the trustees and senlor rnanagement of The Saffron Centre are dedicated to 8¢llvely 8eeklng opportunities albgned with thè charity's alms and obièdlvès to adilève Ihls goal. A key focus wlll be on Ir8ns11ioning lo rarbon-noylral operations and improvlng energy effiuency IIwou9houl Iht ctnlre. Addlllonally, efforts wll be Inlensilied to enh8nce the centres marketing $lr8tegl8s to botssl uli15salion and en9agernent wllh the wider comrnunity. Obl•ctlv8s, Actlvltles. Achlevements and Performan¢e Childcareprovlslon Follown9 the cessation ol nursery operations in September 2021, the space ulili8ed by th¥ nur89ry has been repurposed. expandlng facilities for conference, ffleeting 8ThJ banquellng events. Facllltl•s forrgcraatlon, l•lsurn tlme occupatlon In Ihe Interest of soclal wellare The cèntre's facilities saw a significant increase in usage during Ihe accounting period. Over811, thero was a 23.71°10 increase in usage and turnover ol £89,783 lor the conference & rneeling room facilities, bringing the total revenue for the year to £294.196, comp8red lo £224.413 th¢ provious year. This gi0rth further e5tabli5hes the cenlres continued demand as a vital local $oUrc• lor public, third, and privat8 88Ctor organis81ion8 fr)r th9ir eonl•rèn(*, mÉèting and trainlng n8eds. In the Same period, the centre3 Tnain suito, also used for w¢dding rec¢plions, engagernents, birthday partlÈS and other such prlvate events. 9enerated £5,526 in revenue. The Facilty generated £17,948 in yèar end 31.03.2023.
Bhat Singh Sabha IHighgatel Rogistered number: Truste8s' Report 04630683 While there was a decrease In banqueting event9, this deellne can be attributed to the unavailability of the facility. due to the space being used for conlerenTr and meeting events during dates when th6 banqueting facility was required. Additionally, the centre'5 car parking facilities conlinued Ic¢ be used by J local college. The us89* agreernent, which expired during th9 financi81 p8riod, gènèialed £5,375 in inc(>m8. Publlc beneflt The trustees confirm that they have complied Mith the duty in section 17 of the Charilles Act 2011, and Mave referred to and taken due regard to the Charity Cornmi5sion guidance on public benefit and conside¥ the charity'8 acbvities are for the public berli1. Structure Governance and Management Governing documentmnd chèrity eonstitutktn The org8nlsallon is a charllable company Ilrnltod by guarantee, Incorppr¥t on 8th January 2003. amended by speclal resolutlon on 4th Oct¢ber 20cI3, amended on 7th December 2018, amended on 12th February 2019. and registered as a charity on 9th September 2003. The Company was established under a Mernorandum ol A860cAalion, whlch established th? gbSe¢ts Ind powèrs of th6 charitable c¢rnpany, which 56 governed under Sls Artldes of Assoclallon. R•erultm8nt and appolntmgnt of ngw trustg•s Trustees are nominated by the members ol the charllable cofflpany and elected by ordinary re801ution at the Annual General Meeting where they have the nece¥s?ry 3klll8 lo ¢enlributè to th managernenl and dev8ltspmenl ol the charity. Orynlsetlonal8tructur• and dgclslon maklng The charity 15 managed by a Board of Directors are 8180 Trustee3. All Iruslee8 are membèrs ¢f the charity, A Chief Execullve Officer is appointed by the Iru81ae$ lo admlnl$ler day-to.day a¢tiviliès. Induetlon and tralnlny of ngw trust•05 AJI Trustees receive ongoing trainlng and a full Induction lo Bhal Slngh Sabha. The members are also Ihe dir&clor8 ol the Company. The directors have a policy lo r?cruil Tru18?9 vAth appropriat• and mplementary 8kllls 88 requi. Rlsk manag•mont Thè dirèctors 8cts.vely revi8W the major risks which the charlty laces on a regular basls. These risks are recorded on a Risk Register which. comkn'ned with risk assessments, enable the eharity to ellects'vely manage and miligale risk.
Bhat Singh Sabha (Highgate) Rgglstered number: Trustees. Report 04630683 Trusiaes The following persons served as trustees during the year.. Mr Sukhchain Singh Mr Prilpal Singh Mr Mukhliar Sln9h Mr Manjeèt Singh Mr Mahind&rpal Singh Mr Jindur Singh statement of Tru$te•s' R•spon$lbllltl•s The Iruslees Iwho are also th8 dirsctors of Bh8t Singm S8bha IHighgatel lor Ihe purpose8 01 company lawl are responsible lor preparing the Report ol the Trustees and the financial slatemèrtts in accordance wth applieable law and United Kingdom Accounting Standard8 (United King40rn Gangrally Accepted Accounting Practice). Company law requires thè trustees lo prepare Inan¢lal statements lor each financial year which give 3 tru8 and fair vièw of IhÈ st8t8 of affairs of the charitable company and ol the incomin9 re8our¢e8 and applicotton ol reSoUrs, including the income and exp8ndlture, of the charllabl8 company lor that period. In weparing those linanual Btslernenla. thè trugtèÉS 8ra required to,. sel8ct sullable accounlng policleB and then apply thèm consi81enlly'. observe the methods and principles In the Chaiiliès SORP.. mako ludg¢m&nts and esllmales that ai¢ reasonable and prudent.. slatè whether applbcable UK accounting sland8rds hav& been followed, subject to any malerlal departurè$ disclosèd and Èxplalned In thè financ481 statements., prepare the fin8ndal slolements on the golng ncorn basis unless Il is inapproprlats lo prèsuma th8t the charity will continue In buslness. Th8 trustees are responslble lor keeping proper a¢¢ounllng records whi¢h dls¢1090 Wlh reg8onabl• accuracy at any lime the Ilnancial position ol Ihtr ehari18ble ¢¢mp8ny and lo enable them to ensure that the flnancbal slalernents ¢omply t thè Companies Aet 2LKJ6. They are also responsible for Safeguarding the a$sels of the ¢haiilob19 company and hence for taking reasonable steps lor the prevention and d&l8¢lion of fraud and olher Irregularlties. This report haB been prepared In accordance wth the speclal provislons of Part 15 of the Companies Act 2006 re181in9 10 8ma companl8S. Thls reptsrt was approvÉd by tha board of trusle8s on 15 October 2024 and slgned on 116 behalf by.. Manjeet Singh Dir8¢tor
Bhat Slngh Sabha IHlghgate> Ind8pondènt Examiner's report to the Trustegs of Bhat Slngh Sabha (Hlghgatel for the year ended 31 March 2024 Respective responsibilities of charity trustees and examlner The Iru81ees (who are also the directors of the company for the purpos8s of company lawl arè responsible for the preparation of the accounts. The ¢haritYs trustee¥ consider that an audit is not required for Ihls year under secllon 144 of the Charities Act 2011 Ilhe Charities Act} and that an independent examination is needed. The charity's gross income exceeded £250,000 and l am qualified lo undertake the examination by being a qualified member of Institute of Chartered Aceounl8nts in England and Wales. Having saisffed myself that the charity is not subjacl to audit undèr company law. and Is eligible for Independent examinallon, it is my responsibility lo.. examine the accounts under section 145 of the 2011 Charities Act. lo lollow the procèdur8s laid down in the gènèral Diréctions givèn by the Charlly Commisslon (under section 145151{bl of the Ch8rilie8 Act., and stsle whether particular mallers have com8 lo my attention. Basls of Independent examSn8r'8 Statom•nt My examination w88 carried out in accordance with general Directions given by the Charity Commission. An examination includes a feview of the accounting records kept by the ¢harity and comparison of th8 accounts presénted wllh those records.11 also Includes consideralion of any unusual items or dlsclosures in the accounts. and seekSng explanations from the Iruslges conc8rning any such matters. The procedures undertakerb do not provlde all the evidence that would be required in an audit, and consequèntly no opinion Ss given as lo whether the accounts present a'lrue and fair, view and the report is limited to those matters s&1 out in the slalemenl bolow. Independent examlnerfs Statoment In connection with my examination, no matter has cgrng lo my attgnlion to indicate Ihal.. a¢Gounllng records have not been kept in accordance with section 386 of the Companies Act 2006., the accounts do not accord wlth such records., where accounts are prepared on an accruals ba818, whether they fail,. or lo comply with relevant accounllng requirements under section 396 of the Companigs Act 2006, or arè not ctsnsislenl wllh the Charities SORP IFRS102} any matter which the examlner belIe8 should be drawn to the attention of the reador to galn a PToper undgrslanding of the accounts. RB Weleh P&W Social Accounlanls Ltd The Barn 173 Church Road Northfield Birmingham B312LX 15 October 2024
Bhat Singh Sabha {Highgate} Statement of Financial Actlvltles incorporating an Income and Expenditure Account forthe year ended 31 March 2024 Current year Unrestricted and Total Funds Prlor year Unrestricted and Total Fund5 2024 2023 Income & Endowments Donations Charitable aGtlvltles 700 305,097 261.99 Total Incomo 305.797 261,999 Expenditure on charitabl& activities 1157.$42) (123,7561 Gro$$ proflt 148,255 138,243 Admlnistrallve expenses Other operallng incom& 196.5731 75 169,0281 557 Opgratlng proflt 51,757 69,772 Loss on the disposal of tangiblg fixed asset8 Interest payabl? 11,4231 117,3871 110,0551 Proflt beforo tsxatlon 32,947 Tax on proflt Proflt for thè flnanclal yèar 32,947
8hat Singh Sabha (Highgate) Registered number: Balance Sheet as at 31 March 2024 04630683 Notes 2024 2023 Fixed assets Tangible agsels 2.161.318 2,148.961 Current assets Debtors Cash at bank and In hand 30,865 39,353 30,033 31.589 61.622 Credltors: amounts falllng due wlthln one year 10 1110,254) 1118.8041 Nat currènt Ilabllltl¢$ 140,0381 IS7,1821 Total assets less current IlabllStl&s 2,121,282 2,091,779 Credltors: amount$ falllng due after more than one year 11 1204.265} {207,709) Net assets 1917017 1.884 070 Capltal and reserv88 Profit and loss account 1,917,017 1,884,070 Shareholder's funds 1,917,017 18e4 070 The directors are satisfied that the company Is enlilled lo exemption from Ihg requirement to obtain an audit under secllon 477 of the Companlès Act 2008. The member ha8 not requir8(I the company to obtain an audit in accordance wllh sgclion 476 of tha Act. The directors acknOedge their responsibilitie5 for complying with the requirement8 of the Companies Act 2006 with respect to aecountlng records and the preparatlon of account8. The accounts have been prepared and delivered in accordance with the special provisions applicable lo companies sublecl to the small companles reglmg. The profit and loss aceounl has not been delivered to the Registrar of Companies. Manjeet Singh Director Approved by the board on 15 October 2024
Bhat Singh Sabha {Highgate} Notes to the Ateounts for thè year endèd 31 March 2024 1 A¢eountlng poll¢les P•$i$ ofprepiratlon The financial 8lal8tnents of tha oh8rit8bla company. which is a public benefit entsty under FR8 102, have been prepared in accordance with th8 Charities SORP IFRS 1021 'Aecounting and Reporting by Charilie8' Statement of Recommended Practicè applicable to charities preparing Ihelr o¢¢ounls In accordance wlth the Flnancial Reporting Standard applic8ble in th8 UK and Republic ol Ireland IFRS 1021 leffgctive 1 January 20151., FinanGial Reporting Standard 102'The Financial Reportsng Standard 8pplicJbl• in Ihe UK and R*publlo of Ireland, and the Companie Act 2006. Thè financial statam8nts have be&n prepared under the historKal ¢08t Mnvgnll¢n. T&nglble Ilxed assets Tangible fixed assets are measured at CO8t lesg occumulHllve depr8Ei&tion and any aceumulativ& irnpairment 108ses. Depr•¢iallon 1$ provlded on all tangible fixed assets at rates calculated io writè tsff tho cost, lèss aslimated residual value, ol each asset evenly over its expected u¥¢fvl Ilte, 88 followB'. Vehicles Fu$. fitt(ng$. tools and equlpment 25% reduclng balan 25% reducing ba5ancg D•btor8 Short tgrrn d$blor$ or• maasurèd at IransaclSon prica Iwhlch is usvglly the Involca pricel, lesy any Impalrment108s68 for bad 8nd doubttul debts. Credltgrs Short term credllor8 are rne8$ure4 81 Iran$8¢tion prl¢a Iwhloh 1$ uoually th8 involce pricpl. Incom• All in¢omtr is fo9n[s8<1 In the statement of fln8nclo1 activltl88 once the charity has enllllernent lo the frjnds, il Is probable that the incoma will bo r&¢eiv¢d and the amount can ba mèasurad Exp•ndltur• Llabilitles ore recognised es 8xpenditssre Js soon as th8r8 is a lègal or constructivg obllgatSon ¢¢mmitting tho ¢harity to that •xpenditur•, It is probable Ihat & transfer of aconomic benefits will be requlrgd In $oltlement and the arnount ol the obligation can be me8sured reli8bly. Exp8nditur8 is accounted for on an accruals basis and h89 beon ¢la$$ified und6r heo¢Jlngs thAt gggregale all cost related t¢ the ¢810g¢ry. Whoro ¢osls cannot be dlreclly attrlbuted to partlcular headings thgy hav8 b88n allocated lo activities on a basls conslstentwilh the use of resourceg. Grants awarded included in the statemsnl of flnancial activities when approved by the trustoe$ and agreed wlth the ieciplent. The value ol grants unpaid al the y8ai end is accruad. Grants offered subject to conditions whl¢h hav$ not been mel at the year end date are noted as a cornmilrnenl but not accrued 8$ expgndilure. Taxatlon The charltylg exempl from corpor81ion tax on its charitable activities. Penslons The charitable company operate3 a defined ¢onthbulion p¥n$ion g¢hgm&. ContribuNons payable lo the charitable company's pènsion sehomo oharged to the statement ol financial activities in tha p8riod to which th8y ralate. Fundaccountlng Unrestrioted general funds may be used in a¢cordan¢g with the ¢harltWs oblects at the discretion of Ihe trustees. Dèsignatèd funds arè smounts set aside by the trustees out of unrestricted general funds for specific future purpos6s or projects.
Bhat Singh Sabha IHighgate) Notes to the Accounts for thg year ended 31 MarGh 2024 2 Employees 2024 Numbar 2023 Number Avefay& number of p8r8ons &mploy8d by the company 11 3 Charltablè actlvltlès costs 2024 2023 Dlr&et costs (not& 41 Support costs (note 51 Total 159,373 113,552 272.925 124,105 78.734 202,839 4 Dlroct coBts of charltablo a¢tlvlt108 2024 2023 Staff ¢0818 Corporate calerlng 124,466 34,907 94,813 29,292 Totsl dlrect C08t8 of charitable acliviues 159373 124 105 6 Support ¢o$ts for ¢horltsbl• o¢llvltl•s 2024 2023 Indlrect trmployeg ¢ts8ts Premisès Costs Adminislr81ive overheads Log81 & profe8¥lonal laès Depreclatlon ol assets used for charitable purpo888 Accounlancy fe*& Examingllon fee Total support costs for Charitab 8clIt&S 553 54,686 47,294 1,069 S,820 3,530 8CpJ 113.552 716 38,285 32,054 3,6oe 1,791 1,730 550 8 Tru•t•ea' r•mungr•tlon and b•n•fits The aggregate amount of expenses paid to Irustees was £012021.. £01 Neither th8 trustees nar any p8f50T)s connected with them have recèlvad any ronum8ratlon from the charity or any rèlated entity. èlther in the current or prlor year.
Bhat Slngh Sabha IHighgate} Notes to the Accounts forthe year ended 31 March 2024 7 Stsff costs 2024 2023 GTOSS Salaries Employeffs N8tional Insurancè Penslon 121.770 2,577 119 124,466 93,026 1.559 228 94.813 The average number of ernployees durlng the year w98 8¥ follows.. 2024 2023 Man#gèmènt Others 15 10 No employees receSved emoluments in exce58 of £60,000 8 T•nglbl• flx•d a88•ts Nur8•ry Flxturos & Flttlng8 Freehold Property Fixture$ & Flttlng8 A88•t cost, valuatlon or revalued amount Al 1 April 2023 Additlons Dlsposals Al 31 March 2024 2,143,S87 142.973 99.898 -1142,g73J 2.143,587 99,898 Depre¢lAtlon and Impalm•nt provl8lon• Al 1 April 2023 Charg& lor the year Dlsposals At 31 March 2024 141,550 96,181 930 .1141,550 Net book valug Al 31 March 2024 2.143.587 2,787 Al 31 March 2C123 2,143,587 Motor vehlcle Comput•r equipmont Tota18 A#8èt cost, voluation or r•valuod amount At 1 April 2023 Addition Dlsposals At 31 March 2024 4.453 2,390,911 18,177 .L142,973 2.288,115 18,177 Dèpr•¢iation and Impalmi•nt prov161on8 At 1 Aprll 2023 Charge for Iho year DSspo$al$ At 31 March 2024 4,219 59 241,950 4,397 1141,5501 3,408 3,408 Net book valu• At 31 March 2024 14,769 175 2 181318 At 31 Maich 2023 234 2 148,961 10
Bhat Singh Sabha (Highgatel Notes to the Accounts for the year ended 31 March 2024 g D•btors 2024 2023 Tradè debtors Prepayrn8ni8 and 8ccrued incomè 28,920 1.945 30,865 30,033 30,033 10 Cr8dltor¥: omounts falllng dug within on• y•8r 2024 2023 B8nk loans and overdiafts Obligations under finance lease and hire purchase contracts Trade creditors Deferred income A¢¢ru81s Taxation and Soclal 3ecurfty c03ts Other credltors 84,537 3,519 5,607 3,628 3,755 9,152 56 110254 92,287 5.161 4.628 1.201 13.315 2,212 118,804 11 Crèdltor8: amounts falllng du• aft•r on• y•ar 2024 2023 Bank Foan8 more than S year3 by inslalmonl Obli9atlon$ undor nn$n¢$1oase 8nd hlre purchas• conlrgcts 192,738 11,527 204,265 207.709 207,709 12 Fund b41onc08 Openlng fundB Movemgnt In funds Clo8lng fund8 Unrestricted funds 1,884,07D 1,884.C170 32.947 32,947 1,917,017 1917.017 Th& purposes for whlch the funds are held by the charlty ara.. Unreslri¢led fvnd$ These funds are held for the objectives of the chafily, and to pry)vide free feserves lor lulure aclimties, and, subject to charlty legislatlon a free from all reslrictsons on their use. 13 Controlling party Th? chawily is wholly un(%er ¢h¢ control ol th& board of Trustees. 14 Oth•r Informatlon Bhat Singh Sabha IHighg8l81 is a charitabla company limited ty guarantee and incorporated in England. Its registered office is.. 258 Moseley Road Highgal¢ Birmingham B12 OBS
Bhal Slngh Sabha (Hlghgatol Schedule to thè Statsmènt of FirtanelalActlvttle$ lor the y6at endod 31 March 2024 Th1 schedule Is an iTrlthslCpartollheacun18r&0Vlred£Ocornpty th 2¢4)8 R6vision of lh& Sl8leMEioff Rs¢onTrwdedPr4cllw fforAccounllffwandReporting lssuedbylhe Charty con¥5r0rs1orEffg14n& l&s. r6vl$8dJun$ 2008. Howv8r. iltsnol apart ¢fihealulorya¢counts [equIreduArteprQVJSlOnsor1h6 Compènlas Aci 2906 In r81slJon lo InEoTporaledGhprfll8$ PrlorPÈrlod Total Funds Total Fund5 2024 2023 lThcomlng Re8our¢o6 Don•iions &L•g•¢l•8 DDthllon$ Total 700 7QO Ch•riiabla¢ifvitl•$ corw1¢ even Cor Park Feea Prfvaw e¥enL8 Olh•r Toil 4,1Q6 5.375 5.528 75 305 172 224,413 19.638 17.948 551 262 5S6 Toial In¢omlng R••our¢•• 305,872 Expendbtur• on Charftsbh Actlvltl•8 Dlrectco&is Gross wAg88 and an&b-char1tSbI¢4dIlh 121,770 2,S77 99,026 1.$¥ 228 P•Mion tonirfbulitsnsth0r1a Impbyo Corporate cÈi¢nno prtsviÈion 169 373 1241QS rd•Mg•m•nt•nd•¢mlnl•tr•llon ¢o•l¥ In &upport of ¢h•rii•bl••¢tlvld•s Inrflr•¢l •mployM ¢oJ Trjinlng •ndwfyll• SS3 718 718 I$, w419r8nd it¢+¢hOr4•S In8vran¢ •pglrs, m81ntqn8n & iirth?I Li9hl and h981 legni 1.3$Z 3.TQO 14,553 34.118 1.493 686 8.490 3.020 0.012 17.7$S •n•r•l•thlnlitr•iiv• •xp•n¥•4.' T8lophoTrg 4nd fBx Baddebl Drycle8nSng Soffvffjf8 •n¢ IT Coeto Lo•n 80d HP inter881 Audlowsual equiwenl T51 S Subsl8l•n¢• Moior Expens85 81•ttoneryand Printing Gener31 oifirE Cobis Reluse & 5anitarycdlecUon Ad¥etUsing and PR BkChargeS 6,ZS2 14 3,099 2,3e8 17,387 S,174 1,896 2.112 2.002 10.055 1.43? 6,023 1.150 2.615 4.201 2.728 509 700 627 2.960 1.826 2.910 427 Pro1loal heslnsupportolcharftsbl2tctlvlllp (XheiLeg41 & Professal I,Q69 3,60 Othèrsupportetsgts Dèpre¢t8lionof a$¥i$ used fcrfcharitable puipoyes Los$ ¢nAs8ei Oisposal 4.397 1.423 t.793 Qov•rn8n¢• ¢o$ts Examination Fe Oiher lees paid tothtr ExarnitiS 600 3.630 4,130 S50 1,730 Izao Total oxpeNtod on Charltable A¢tivltl8S 272.925 292.839 12