## ## ## |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| ## ##