| Report of the Trustees | 3 to 7 |
|---|---|
| Report ofthe Independent Auditors |
8to 11 |
| Statement of Financial Activities |
12 |
| Balance Sheet | 13 |
| Cash flow Statement | 14 |
| Notes to the Cash flow Statement | 15 |
| Notes to the Financial Statements | 16to 25 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Noles | fund 6 |
fund E |
funds 6 |
fundsf | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
2 | 1,500 | 1,500 | ||||
| Charitable activities |
|||||||
| Fundraising | 815,208 | 815,208 | 803,829 | ||||
| Investmenl income |
3 | 44,021 | 44,021 | 40,205 | |||
| Total | 860,729 | 860,729 | 844.034 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Staff Costs Premises Costs Support Costs Governance Costs Grants to Institution |
576,856 95,812 107,080 25,411 200,000 |
576,856 95,812 107,080 25,411 ~200000 |
530,848 65,304 73,813 22,428 100,000 |
||||
| Total | 1,005,159 | 1 005,159 | 792,393 | ||||
| NET INCOME/(EXPENDITURE) | (144,430) | (144,430) | 51,641 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 536,336 | 536,336 | 484,695 | |||
| TOTAL FUNDS CARRIED FORWARD | 391,906 | 391,906 | 536,336 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Notes | fund f |
fund 6 |
funds 6 |
fundsf | ||
| FIXEDASSETS Tangible assets Investments |
12 13 |
203358 1 |
203,358 1 |
172,471 1 |
||
| 203,359 | 203,359 | 172,472 | ||||
| CURRENT ASSETS Debtors Cash at bank and in hand |
14 | 45,137 182,815 |
45,137 182,815 |
54,400 330,174 |
||
| 227,952 | 227,952 | 384,574 | ||||
| CREDITORS Amounts falling due within one year |
15 | (39,405) | (39,405) | (20,710) | ||
| NET CURRENT ASSETS | 188,547 | 188,547 | 363,664 | |||
| TOTAL ASSETS LIABILITIES |
LESS CURRENT | 391,906 | 391,906 | 536,336 | ||
| NET ASSETS | 391,906 | ~391 906 | 536,336 | |||
| FUNDS Unrestricted funds |
17 | ~391 906 | 536,336 | |||
| TOTAL FUNDS | 391,906 | 536,336 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | E | 6 | |||
| Cash flows from operating activities Cash generated from operations |
1 | {107,311) | 78,382 | ||
| Net cash (used in)/provided | by operating | activities | {107,311) | 78,382 | |
| Cash flows from | investing | activities | |||
| Purchase oftangible fixed assets |
~50048 | ~17,638) | |||
| Net cash used in |
investing activities |
~50,048) | ~17,638) | ||
| Cash flows from | financing | activities | |||
| Loan repayments | in year | ~10000 | |||
| Net cash provided | by financing activities |
10,000 | |||
| Change in cash and cash in the reporting period Cash and cash equivalents |
equivalents at the |
(147,359) | 60,744 | ||
| beginning ofthe |
reporting | period | 330,174 | 269,430 | |
| Cash and cash equivalents | at the end | ||||
| ofthe reporting | period | ~182 815 | 330,174 |
| RECONCILIATION OF NET (EXPENDITURE)/INCOME |
RECONCILIATION OF NET (EXPENDITURE)/INCOME |
RECONCILIATION OF NET (EXPENDITURE)/INCOME |
RECONCILIATION OF NET (EXPENDITURE)/INCOME |
TO NET CASH | FLOW FROM | OPERATING | |
|---|---|---|---|---|---|---|---|
| ACTIVITIES | 2022 | 2021 | |||||
| 6 | E | ||||||
| Net (expenditure)/income for the reporting Statement of Financial Activities) |
period (as | per the | (144,430) | 51,641 | |||
| Adjustments for: Depreciation charges (Increase)/decrease in debtors Increase/(decrease) in creditors |
19,161 (737) 18,695 |
18,108 12,134 ~3,501) |
|||||
| Net cash (used in)/provided | by operations | (107,311) | 78,382 | ||||
| 2. | ANALYSIS OF CHANGES | IN | NET FUNDS | ||||
| At 1.4.21 | Cash flow | At 31.3.22 | |||||
| f | 6 | 6 | |||||
| Net cash Cash at bank and in hand |
330,174 | {147,359) | 182,815 | ||||
| 330,174 | 147,359 | 182,815 | |||||
| Total | 330,174 | 147,359 | 182,815 |
| DONATIONS AND LEG |
ACIES | ||
|---|---|---|---|
| 2022 f |
2021 f |
||
| Revenue grants and donations | 1,500 | ||
| INVESTMENT INCOME | |||
| 2022 f |
2021 f |
||
| Rents received | ~44 021 | 40,205 | |
| Activity INCOME FROM CHARITABLE ACTIVITIES |
2022 | 2021 f |
|
| Nursery fees - parental contribution |
Fundraising | 328,639 | 233,752 |
| Early Years Government funding (3-4year olds) |
Fundraising | 453,584 | 464 949 |
| Job retention scheme grants |
Fundraising | 32,985 | 105,128 |
| 815,208 | 803,829 | ||
| Grants received, included | in the above, are as follows: | 2022 f |
2021 f |
| Coronavirus)ob retention |
scheme | 1 32985 |
105,128 |
| GRANTS PAYA | BLE | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| 6 | 8 | ||||||
| Granls lo Institution | 200 000 | 100,000 | |||||
| Tho lolal grants | paid lo | institutions | dunng | the year was as | follows | ||
| 2022 | 2021 | ||||||
| E | E | ||||||
| GNNSJ Leeds | 200,000 | 100,000 | |||||
| SUPPORT COSTS | |||||||
| Governance | |||||||
| Management | costs | Totals | |||||
| L | 6 | E | |||||
| Staff Costs | 576,856 | 576,856 | |||||
| Premises Costs | 95,812 | 95,812 | |||||
| Support Costs Governance Costs |
57,682 ~21 091 |
4,320 | 57,682 ~25411 |
||||
| 751,441 | 4,320 | 755,761 | |||||
| NET INCOME/(EXPENDITURE) | |||||||
| Nel income/(expenditure) | is stated | after charging/(crediting)i | |||||
| 2022 | 2021 | ||||||
| 6 | E | ||||||
| Auditors' remuneration |
4,320 | 4,320 | |||||
| Depreciation - owned assets |
19,161 | 18,108 |
| y Managers. The total employment benefits of the key personnel were E6 employees had employee benefits in excess of660,000. |
y Managers. The total employment benefits of the key personnel were E6 employees had employee benefits in excess of660,000. |
y Managers. The total employment benefits of the key personnel were E6 employees had employee benefits in excess of660,000. |
3,064 (2021: f | 54.170) No |
|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted |
Restricted | Total | ||
| fund | fund | funds | ||
| 6 | 6 | E | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Charitable activities Fundraising |
803,829 | 803,829 | ||
| Investment income |
40,205 | 40,205 | ||
| Total | 844,034 | 844,034 | ||
| EXPENDITURE ON | ||||
| Charitable activities Staff Costs Premises Costs Support Costs Governance Costs Grants to Institution |
530,848 65,304 73,813 22,428 100,000 |
530,848 65,304 73,813 22,428 100,000 |
||
| Total | 792,393 | 792,393 | ||
| NET INCOME | 51,641 | 51,641 | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 484,695 | 484,695 |
| 11 | COMPARATIVES FQR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | COMPARATIVES FQR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | COMPARATIVES FQR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | |
|---|---|---|---|---|
| Unrestricted | Restncted | Total | ||
| fund | fund | funds | ||
| E | E | E | ||
| TOTAL FUNDS CARRIED FORWARD | 536,336 | 536,336 | ||
| 12. | TANGIBLE FIXEDASSETS | |||
| Fixiures | ||||
| Short | and | |||
| leasehold | fittings | Totals | ||
| E | E | E | ||
| COST | ||||
| At 1 April 2021 Additions |
309,368 31785 |
16,420 18,263 |
325,788 ~50 048 |
|
| At 31 March 2022 | 341,153 | 34,683 | 375,836 | |
| DEPRECIATION | ||||
| Al 1 April 2021 Charge for year |
146,324 13,068 |
6,993 6,093 |
153,317 19,161 |
|
| At 31 March 2022 | 159,392 | 13,086 | 172,478 | |
| NET BOOK VALUE | ||||
| At 31 March 2022 | 181,761 | 21,597 | 203,358 | |
| At 31 March 2021 | 163,044 | 9,427 | 172,471 | |
| 13. | FIXEDASSET INVESTMENTS | |||
| Shares in | ||||
| gl oup | ||||
| undertakings | ||||
| MARKET VALUE | E | |||
| At 1 April 2021 and 31 March 2022 | ||||
| NET BOOK VALUE | ||||
| At 31 March 2022 | ||||
| Al 31 March 2021 |
| DEBTORS | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 6 | 8 | |||
| Amounts falling due within Trade debtors |
one | year | 9,426 | 28,937 |
| Other debtors | 21,178 | 12,381 | ||
| Prepayments | 14533 | 3,082 | ||
| 45,137 | 44,400 | |||
| Amounts falkng due after more Amounts owed by participating |
than one year interests |
10,000 | ||
| 10,000 | ||||
| Aggregate amounts |
45,137 | 54,400 | ||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| 6 | E | |||
| Trade creditors | 10,169 | 2,937 | ||
| Amounts owed to group undertakings Social security and other taxes |
245 8,895 |
298 9,045 |
||
| Other creditors | 9,104 | 1,628 | ||
| Accrued expenses | ~10992 | 6,802 | ||
| 39,405 | 20,710 |
| Mmimum lease payments under non-cancellable ope |
rating leases fall due as follows: |
|
|---|---|---|
| 2022 | 2021 | |
| 6 | 8 | |
| Within one year | 111,421 | 63,583 |
| Between one and five years | 445,684 | 321,132 |
| In more than five years | 270,502 | 337,709 |
| 827,607 | 722,424 |
| MOVEM | ENT | IN FUNDS | |||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.4.21 f |
in funds f |
31.3.22 f |
|||
| Unrestricted General fund |
funds | 536,336 | (144,430) | 391,906 | |
| TOTAL | FUNDS | 536,336 | (144,430) | 391,906 |
| Net mov | ement | in funds, included in the |
above are as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources f |
expended f |
in funds f |
|||
| Unrestricted General fund |
funds | 860,729 | (1,005,159) | (144,430) | |
| TOTAL | FUNDS | DDD,)09 | )1,D05,159) | ~444.430) |
| Compar | atives | for moveme | nt in fun |
ds | |||
|---|---|---|---|---|---|---|---|
| Net | |||||||
| movement | At | ||||||
| At 1.4.20 f |
in funds f |
31.3.21 f |
|||||
| Unrestricted | funds | ||||||
| General | fund | 484,695 | 51,641 | 536,336 | |||
| TOTAL | FUNDS | 484,695 | 51,641 | 536,336 | |||
| Comparative | net movement | in funds, | included | in the above are as follows. |
| Compara | tive | net movement in funds, inc |
luded in the above are as follows |
. | |
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources f |
expended f |
in funds f |
|||
| Unrestricted | funds | ||||
| General | fund | 844,034 | (792,393) | 51,641 | |
| TOTAL | FUNDS | 844,034 | I792,393) | 51,641 |
| A charit | able | company | in whic | h the Truste | e Mohi | nde | r |
Singh Ahl | uwalia | h | as | be | en a trus | tee, | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||||||||
| 8 | E | |||||||||||||||
| During | the | year Guru Nanak | Nishkam | Education | Trust purchased | the | following | goods: | ||||||||
| Marg Sat Santokh Manufacturers Limited |
517 | 580 | ||||||||||||||
| During | the | year Guru | Nanak | Nishkam | Education | Trust made the | following donation: |
|||||||||
| Guru Nanak | Nishkam | Sewak | Jatha (Leeds) UK | 200,000 | 100,000 | |||||||||||
| During | the | year Guru | Nanak | Nishkam | Education | Trust received the | following rent: |
|||||||||
| Nishkam | School Trust | 44,017 | 40,203 | |||||||||||||
| During | the | year Guru | Nanak | Nishkam | Education | Trust paid | the following | rent: | ||||||||
| Guru Nanak | Nishkam | Sewak | Jatha (Birmingham) | UK | 44,017 | 40,203 | ||||||||||
| Guru Nanak | Nishkam | Sewak | Jatha (Leeds) UK | 23,380 | ||||||||||||
| Nishkam | School Trust | 12,000 | 12,000 | |||||||||||||
| During | the | year Guru | Nanak | Nishkam | Education | Trust received the | following services | |||||||||
| Nishkam | Secunty Limited | 2,510 | 2,381 | |||||||||||||
| During | the | year the | following expenditure |
were | incurred | on | behalf | of Guru | Nanak | Niskam | ||||||
| Education Trust: | ||||||||||||||||
| Nishkam | School Trust | 9,217 | 9,214 | |||||||||||||
| At the end | of the year the | following | amounts | were due by Guru | Nanak Nishkam |
Education | ||||||||||
| Trust: | ||||||||||||||||
| Guru Nanak | Nishkam | Sewak | Jalha (Birmingham) | UK | 3,814 |
| RELATE | D PARTY DISCLOSURES -continued | ||
|---|---|---|---|
| Nishkam | Security Limited | 245 | 298 |
| Nishkam | School Trust | 3,190 | 1,720 |
| At the end ofthe year the following was owed to Guru Nanak Nishkam Nishkam Security Limited |
Education | Trust: 10,000 |
|
| Nishkam | School Trust | 10743 | 5 253 |