SINGH SABHA GURDWARA LIMITED {A Company Limited by Guarantee and not having a Share Capital) Registration Number- 0423WJ94 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2024 SINGH SABHA GURDWARA LIMITED FINANCIAL STATEMENTS YEAR ENDED 30 June 2024 CONTENTS Page Trustees Report Report of the Directors Independent Examiners Report Incorne and expenditure account Balance sheet Notes to the financial slatements 10-12 SINGH SABHA GURDWARA LIMITED TRUSTEES REPORT FOR THE YEAR ENDED 30 June 2024 The Charity's Objects 1. Advancement of Sikh Religion through the teachings of Sri Guru Granlh Sahib Ji. 2. Eslablishmenl and Maintenan￿ of the Sri Singh Sabha Gurdwara building in Peterborough for worship, the celebration of Sikh religious festivals, for conduct and registration of marriages and the conduct of funeral riles in accordan￿ with Sikh religious Ceremonies 3. Provide facililies and resources for the teaching of Ihe Punjabi language, Kirtan. Gurbani, Sikh values and Sikh history subject lo sustainable demand from the Sangal 4. Provide building facilities for recreation. in particular for the Sikh community, to promote social welfare and improve quality of lrfe 5. Support other charities occasionally. IF ftjnds allow, with similar objectives for advancing Sikh Religion and Community Cohesion. SupFx)rt may be provided for disaster relief appeals on occasion. The Charty's Main Activities The charity is responsible for providing Sikh worship each Sunday and on other holy days. The Punjabi Language, Sikh faith, and Sikh history are taught to young children in small groups. Outreach to the local community lakes place through annual events held in Peterborough City Centre organised in collaboration with the Council and other host communities. The Charity's Achievements and Perfomance Sikh marriages and funerals are Conducted in accordance wtth the code of conduct and conventions for Sikhism. The Charity also conducts registration of marriages, as in English cwil law. for Couples going through a religious Sikh marriage ceremony al the Charity premises. Facilities are also made available when required for recreational and social activities to support the community and build networking and cohesion. The Charity also nefv￿rks with the Police: NHS: Council and other local organisations to facilitate communication of targeted messages and engagement lo benefit both Ihe community and these organisalions. A key tenet of the Sikh religion is to pray for and help with the welfare of all those suffering misfortune and destitution. The Charity members have actively raised around £40,000 over a number of years for Epilepsy UK through annual sponsored walk in the pre-covid era. In addition, members donate clothes on an ongoing basis for Khalsa Aid which is a Charity that distributes these to all parts of the world as needed to help those in povety. The Charity and its members also donate food lo the Pelerborough Soup Kitchen. The Charty also ivill from time to time. when fInan￿S allow, make contributions from ils funds to support other charities engaged in rescue and support operations for disaster relief. Several students gained GCSE from our Sunday Punjabi School. Pupil numbers average around 30 and three eX￿lIent teachers are using modern leaching methods with good feedback from parents. A safeguarding policy for Sunday school children has been reviewed and further developed. An ongoing Pest control contract 15 in place to ensure ex￿lIent levels of hygiene in the kitchen and dining areas where food is stored, prepared and seNed. Efforts have been made to increase religious events in the Gurdivara as demanded by the members. Also, more English-speaking semions and Sikhi Camps are planned for the benefit of the younger generation. The tenure of the existing Committee is coming to an end in June 2024. Election process of new committee started in April 2024. Work continued with the Nene Park Trust to plant more trees towards our target of 550 along the bank of river Nene Two planting events are held each year in February and November. The balance sheet of the Gurdwara remains strong a5 no major expense was incurred last year. Vve work to control running costs through use of volunteers. The Charity's Challenges and Future Focus 1. Coreo erational Activities Finance Outreach HSE and Buildin Securi The Charity will continue to make efforts to attract members of the younger generation. This will be done by holding religious programmes largeling that audience and also hold activities in our hall for their participation. Our plan will also include holding Sikhi camps hosted by recognised speakers. Punjabi and Sikh History education as well as kirtan arKI gaika will continue to be offered to children and teenagers. In addition, activities involving physical exercise e.g.. boxing elc is being offered during the evenings. We will also continue lo work with Nene Park Trust to plant more trees toward our target of 550. The planting area has been marked with a plaque explaining the basic tenets of Sikhism and provide an attractive place for visitors. The planting lane along the Nene RNer bank has been named Guru Nanak Lane. We will continue to strengthen our finances and control expenditure through only necessary spending for the well-being of our worshippers. Enrolling, Encouragiry and managing volunteers is key to managing costs. The HSE and safeguarding processes is being further tuned wth dear ownership and ongoing focus on key metrics and their monitoring. An enhanced Safeguarding process is in Pla￿ with the Headmistress of the Punjabi School being the single point of accountability- More awareness and training are required on both above processes. The existing CCTV and sound system in the Divan Hall will be rewewed and updated in the coming year. 2. New Committee Elected and ut in lace Nominations for the new Committee started in April with dosing date of 26th May 2024. New Committee was announced on Sunday 16th June 2024. This will serve a tenure oftwo years as per the constitution. Several members of the old Commtttee were retained to provide continuty. 3. Succession Plannin for Reli ious Workers Our main challenge for the next two years is succession planning for our key religious workers and Priest. Existing religious workers are approaching end of their working lrfe and suitsble replacements are not available locally or nationally. Our plan is to apply for a sponsorship licen￿ from the Home Office for such workers. This work started in 2024 for completion and implementation in 2025.The aim will be lo attract suitably qualffied religious workers from India for periods of two years al a time. We will also look al building a sew-contained extension or buy a portacabin to accommodate these religious workers. We believe this is the long-lerm solution for having in place suitably qualified religious workers on an ongoing basis. 4. Volunteers Enrolment and Mana emenl The Volunteers for the kitchen play a key service and saves costs for preparation of Sunday Langar {foodl. Many of these volunteers who have served for a long lime are now retiring due to 2ge 2nd health reasons. We will look to actively encourage new volunteers to come forward for food preparation and cooking. 11 is vital that a younger sustainable squad of volunteers is established and support provided as required. 5. Nihan s Annual Akali Darbar Pro ramme There is annual programme held by the Nihang Community. The Nihangs are a distinct warrior order within the Sikh Community. They are well known for their martial traditions. unique attire and adherence lo a specific code of conduct. The Trustees and Commtttee want to be inclusive and embrace this annual programme. However, proper HSE and liability insurance need to be in place to allow martial arts display within the Gurdw2ra Hall which is an integral part of this annual programme. The Trustees and Comm¢ttee are laying down requirements for such programmes so that they can proceed smoothly and attract support from the wider congregation. 6. In Summa The emphasis will be on smooth operational tunning through enhanced processes. attracting the younger members of the community. enrollingl retaining and managing our volunteers with support. Election of a sultable new Committee in June 2024 to serve for a IwoThyear tern? was completed, as per the constitution. to manage day to day activities is key for smooth operations. Inclusivity will be key to aCcomm¢￿ate the diversity of the community. HSE and Safeguarding will Gonfinue to be a key area of focus for the well-belng of all our wor5hffppers and children attending the Sunday School Building our finances through judicious expenditure contml by use of volunteers and improving income by increasing attendance and booked programmes. Succession planning for continuity of key religious workers thmugh sponsorship will be a key part of the strategy. Investing in additional accommodation to support this will be undertaken. Signed by order of the Board of Trustees Joga Singh Jassar Director SINGH SABHA GURDWARA LIMITED REPORT OF THE DIRECTORS FOR THE YEAR ENDED 30 June 2024 The directors have the pleasure in presenting their report and the financial statements for Ihe year ended 30 June 2024. Legal and Administrative SINGH SABHA GURDWARA LIMITED is a company limited by guarantee. company registration number 04234994, and registered with the Charity Commission, charty registration nutnber 1100124. The company is governed by the provisions contsined within the Memorandum and Articles of Association. The secretary and the registered office of the company is.. Mr Sewa Singh Nanuwa Newark Road Peterborough PE15UA Directors The directors who served on the board during the year were.. Df Amrik Singh Sangha Mr Sewa Singh Nanuwa Mr Gurminder Singh Mr Daljil Singh Mr Joga Singh Jassar Mr Sohan Singh Mr Gurdip Singh Mr Jagdish Singh Dhillon Mr Charanjit Singh Directors, responsibilities Company law requires the directors lo prepare financial statements for each financial year which give a true and fair view of the stsle of affairs of the company and of the incoming resourTrs and application of reSoUr￿s, including the net income and expenditure, for the year. In preparing these finanaal ststements, the directors are required lo.. select suitable accounting policies and apply them consistently- make judgemenls and estimates that are reasortable and prudent.. prepare the financial statements on a going concem basis unless it is inappropriate to presume that the company will continue in operation. The directors are resEX)nsible for keeping proper accounting records which disdose with reasonable accuracy at any lime the financial position of the company and Lvhich enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. SINGH SABHA GURDWARA LIMITED REPORT OF THE DIRECTORS (Contd.) FOR THE YEAR ENDED 30 June 2024 Directors, interest in shares The company is limited by guarantee and, as such, has no share capital. The directors may derive no benefit or income frotn or have any capital interest in the company's finanual affairs. Review of activities and future developments The principal activity of the company during the year was the advancement of Sikh religion and the provision of Sikh religious festivals and ceremonies. The other activities of the company during the year were the ayvancemenl education among members of the community and the provision or assisEance in the provision of recreational or leisure facilities for member of the Sikh community in the interest of social weWare and in order to improve their quality of life. Taxation status The company is a registered charity and, as such. is not liable to Corporation Tax. Signed by order of the board of directors Joga Singh Jassar Director Approved by the board on 25h February 2025 SINGH SABHA GURDWARA LIMITED INDEPENDENT EXAMINER'S REPORTTO THE DIRECTORS OF SINGH SABHA GURDWARA LIMITED I report to the charity directors on my examination of Ihe aCc￿Jn￿ of Singh Sabha Gurdwara Limited for the year ended 30 June 2024. Responsibilities and basis of the report The charity directors are responsible tor the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act'l. I report in respect of my examination of accounts carried out under section 145 of the Act and in carying oul my examination I have followed all applicable Directions given by the Charity Commission under section 145{5Xbl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material 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 accordan￿ with by section 130 of the Act,. or 2. the accounts do not accord wtth those records.. or 3. 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 2 matter considered as part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the acccmjnts to be reached. Mr Satwinder Singh Sahota BAIHons} FCCA G&E Accountants Limited Chartered Certified Accountants 97 Vere Road Pelerborough PE1 3EB 251n February 2025 STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 30 June 2024 Note 2024 2023 Incoming Resources Donations Tax Refund 69,573 14.710 62,974 10.370 Total Incoming Resources 84,283 73,344 Resources Expended Charitable Expenditure Langar (Food) Heal, Light and Water Charges Cleaning Insurance Telephone and Postage Printing and Stationery Bank Charges Interest Payable and Similar Charges Subscriptions. Books and Public8ts"ons Donations Equipment and Furnishings Repairs and Maintenance Depreciation Education and Community Events Accountancy Fees Miscellaneous Expenses 2.474 37,107 2,094 1,991 619 230 329 1.349 20.229 2.229 1,764 524 232 314 2,031 2,059 22.788 1,714 500 701 3.608 21,462 500 10 Total Resources Expended 74.637 52,221 Net IOutgoing)Ilncoming Resources for the year 21,123 Revenue account brought fornard 671,811 650,688 Revenue accgunt carried forward 681,457 671.811 SINGH SABHA GURDWARA LIMITED BALANCE SHEET AS AT 30 June 2024 Notes 2024 2023 FIXED ASSErs Tangible fixed assets 541,984 561,710 CURRENT ASSETS Prepayments and Accrued Income Cash and bank balances 21.784 118.189 7,074 103,527 139.973 110.601 LESS CREDITORS.. Amounts falling due within one year (51KJ} (5001 NET CURRENT ILIABILITIES)IASSETS 139,473 110,101 TOTAL ASSETS LESS CURRENT LIABILITIES 671.457 671,811 CREDITORS: Amounts falling due after more than one year CAPITAL AND RESERVES Revenue Account 661,457 671,811 671.811 {al For the year ended 30 June 2024 the company was entiued to exemption under section 477 of the Cornpanies Ad 2006. {bl Members have not required the company to obtain an audit in acCOrda￿e wtth seclion 476 of the Companies Act 2006. {cl The directors acknowledge their responsibilty for-. i. ensuring the company keeps accounting records that comply with requirements of the Act,. 2nd ii. preparing accounts th2t give a true and fair view of the slate of affairs of the company as at the end of the financial year, and of its profil or loss for the financial year, in accordance with the requirements of the Act, and which otherwise comply wf(h the requirements of the Companies Act relating to accounts, so far as applicable lo the company- Idl The financials have been prepared in accordan￿ wlh the provisions applicable to companies subject lo the small companies regime. Signed on behalf of the board of directors Joga Singh Jassar Director Approved by the board on 2Slh February 2025 The accompanying notes fom part of these financial statements. SINGH SABHA GURDWARA LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 June 2024 ACCOUNTING POLICIES The accounts have been prepared in accordance with applicable accounting standards and the Statement of Recommended Practice: Accounting and Rep￿tIng by Charities {SORP 20151. {al Basis of accounting The accounts have been prepared under the historical cost convention. Ib} Incoming resources All incoming resources are accounted for gros5 when receNable, as long as they are capable of financial measurement and are derwed enb.rely from donations received. (G} Resources expended Costs have been allocated and apportioned so as lo ensure the accounts consistentty and reasonably reflect the nature of the expenditure incurred. 2024 2023 Interest Payable and Similar Charges On bank loans. overdrafts and other loans: Repayable wholly or partly in more than 5 years io SINGH SABHA GURDWARA LIMITED NOTES TO THE FINANCIAL STATEMENTS (contd.) YEAR ENDED 30 June 2024 2023 2022 DEBTORS Prepayments and accrued income 21,784 7,074 21,784 7,074 CREDITORS: Amounts falling due within one year Trade Creditors Accruals 500 500 500 500 TAXATION The company is a regislered charity and, as such. is not Subl￿t lo Corporation Tax. CALLED-UP SHARE CAPITAL The company is limited by guarantee and. as such. has no called-up share capital.