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2021-03-31-accounts

Registered Charity Number 1104110

SRI GURU GOBIND SINGH GURDWARA

Report and Accounts

For The Year Ended 31 March 2021

SRI GURU GOBIND SINGH GURDWARA

REFERENCE AND ADMINSTATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2021

CONTENT PAGE
PAGE
Reference and Administrative Details 2
Report of the Trustees 3
Report of the Independent Auditors 10
Statement of Financial Activities 11
Balance Sheet 13
Notes to the Financial Statements 14
Detailed Statement of Financial Activities 17

Page | 1

PRESIDENT KIMAT SINGH DEPUTY PRESIDENT RASHPAL SINGH GENERAL SECRETARY PARKASH SINGH TREASURER ARJAN SINGH TRUSTEES BALBER SINGH RAGHBIR SINGH KARNAIL SINGH MAKHAN SINGH HARBHAJAN SINGH NIRMAL SINGH KIMAT SINGH RASHPAL SINGH SHAMSHER SINGH

PRINCIPAL ADRESS REGISTERED CHARITY NUMBER 1104110 ACCOUNTANTS

57 UPPER CHOLTON ROAD WHALLEY RANGE MANCHESTER, M167RQ

Yacoob Malik & Co Accountants 2 Brighton Range Manchester M18 7LP

BANKERS Lloyds Bank Commercial Banking 7th Floor, 40 Spring Gardens, Manchester, M2 1EN SOLICITORS HSK Solicitors 474 Cheetham Hill Road Manchester M8 9JW

Page | 2

SRI GURU GOBIND SINGH GURDWARA

REFERENCE AND ADMINSTATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2021

The trustees present their annual report and accounts for the year ended 31 March 2021. The board of trustees is satisfied with the performance of the charity during the year and the position at 31 March 2021 and considers that the charity is in a strong position to continue its activities during the coming year and that the charity's assets are adequate to fulfill its obligations.

Name, registered office, and constitution of the charity

The full name of the charity is:

Sri Guru Gobind Singh Ji Sangat Bhatra Educational and Cultural Centre.

Date of information 09/12/2021 The Principal Office is 57 Upper Chorlton Road, Whalley Range, Manchester, M16 7RQ Charity Registration Number 1104110 Telephone number is 0161 226 7233

The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is an unincorporated association set up under a trust deed dated 3 June 2004 and subsequently amended.

Recruitment and appointment of new trustees

The board of trustees comprises the officers and management committee, who meet regularly. The management committee are appointed at the general meeting held on the last Sunday following Guru Nanak Dev Ji’s birthday in every second year or at revised date. The elections of trustees are held at the Annual General Meeting and serve a term of five years. In the event of a member resigning a notice of vacancy will be sent out to all members to make an application for the vacant position. If there is more than one application, then a voting criterion will be applied and person with the majority votes will be appointed.

Induction and training of new trustees

Trustees are inducted at their first committee meeting and are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. Additionally shadowing and mentoring within the group has proven highly beneficial.

Organisational structure

The overall day to day management of the charity is carried out by the management committee who are the Sri Guru Gobind Singh Gurdwara Educational & Cultural Centre Parbhandak Committee. Significant decisions taken by the management committee are subject to the approval of the congregation (Sadh Sangat), gathered in the presence of the Sri Guru Granth Sahib Ji and on a following Sunday.

Wider network

The board of trustees ensure the charity is working within best practice of the charity regulation and towards the benefit of the organization and its members

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Page | 3

The trustees have formulated a risk management strategy so that risks faced by the charity are reviewed on a regular basis and that procedures can be developed to mitigate any new risks identified. This may include a new streamlined management system with enhanced accountability and oversight.

Page | 4

SRI GURU GOBIND SINGH GURDWARA

REFERENCE AND ADMINSTATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2021

Governance and internal control

The board of trustees comprises the officers and management committee, who meet regularly. The trustees have implemented a formal risk management process to assess business risk and implement risk management strategies. This involves identifying the types of risks the charity faces, prioritising them in terms of potential impact and the likelihood of occurrence, and identifying means of mitigating the risks. As part of this process, the trustees have reviewed the adequacy of the charity's current internal controls. The close involvement of the trustees and other officials in the day to day running of the charity is also believed to enhance the internal controls and mitigate risks.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity continue to be the furtherance of the Sikh religion and culture by providing a Sikh Gurdwara Sahib in Whalley Range and around the Greater Manchester area for the worship of Sikh religion by the Sikh community; maintaining and providing residence for a priest; teaching and education of young members of the Sikh community; celebration of historical events connected to Sikh Gurus; maintaining a library containing religious books; benefit of the Sikh community for recreation or other leisure time occupation in the interest of social welfare and with the object of improving the conditions of life; and promoting other charitable purposes by making donations as appropriate;

The trustees consider that the charity continues to successfully meet its objects throughout the year.

Significant Activities

The charity’s main areas of activity this year were

Public benefit

The trustees confirm they have complied with the duty in the Charities Act 2011 to have due regard to the general guidance by the Charity Commission on public benefit. The charity is encouraged that the Charity Commission acknowledges the intangible spiritual benefits that the charity seeks to provide.

Sri Gobind Singh Gurdwara Sahib promote the Sikh religion and culture by providing a Gurdwara in Manchester and near the boundary of Trafford for the worship of the Sikh Religion by the Sikh Community and None Sikhs. The Gurdwara is to provide for the benefit of the Sikh Community and of the inhabitants of the Manchester and Trafford District facilities for recreation and conference activities, The Gurdwara also provides facilities for improving the condition of lives of people not as fortunate as themselves by providing a place where meals can be taken. The charity supports the teaching and education of the Sikhism, the Gurdwara in the doctrines and practices of the Sikh religion and further to teach the Sikh children

Page | 5

Punjabi and to promote the Sikh Culture to all so that they can go on and become valued members of the Sikh Community.

Volunteers

The charity benefits from significant voluntary donated time and is indebted to those volunteers for their commitment and support.

Page | 6

SRI GURU GOBIND SINGH GURDWARA

REFERENCE AND ADMINSTATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2021

FINANCIAL REVIEW

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Transactions and Financial position

The financial statements are set out on pages 13 to 24. The financial statements have been prepared implementing the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales (revised in June 2008) and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) .As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.

The Statement of Financial Activities show net incoming resources for the year of a revenue nature of £53,407.

Free unrestricted liquid reserves amounted to £ 63,441

Reserves policy

The trustees intend to maintain a buffer of unrestricted funds at a level of around six months normal expenditure.

A policy has been established whereby the properties are represented by a designated fund within unrestricted funds. The remaining unrestricted funds are available for the day to day use towards meeting the objects of the charity.

Specific changes in fixed assets

Changes in fixed assets are shown in detail in the notes to the accounts.

Page | 7

The members of the Board of Trustees of the Charity during the year-end 31 March 2021 were:-

BALBER SINGH UTAM SINGH HARBHAJAN SINGH KARNAIL SINGH KIMAT SINGH MAKHAN SINGH NIRMAL SINGH PARKASH SINGH RAGHBIR SINGH RASHPAL SINGH SHAMSHER SINGH

The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:-

BALBER SINGH UTAM SINGH HARBHAJAN SINGH KARNAIL SINGH KIMAT SINGH MAKHAN SINGH NIRMAL SINGH PARKASH SINGH RAGHBIR SINGH RASHPAL SINGH SHAMSHER SINGH

Bankers

LLOYDS TSB, 53-55 KINGS ST, MANCHESTER, M2 4LQ

Independent Examiner

Mr. Yacoob Malik Yacoob Malik & Co Accountants 2 Brighton Range Manchester M18 7LP

Page | 8

SRI GURU GOBIND SINGH GURDWARA

REFERENCE AND ADMINSTATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2021

Statement of Trustees' Responsibilities

The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:-

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 11 November 2021

_____ _______

BALBER SINGH Trustee

PARKASH SINGH Trustee

Page | 9

Page | 10

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SRI GURU GOBIND SINGH GURDWARA

CHARITY REG. NO. 1104 110

We report on the accounts of the trust for the year ended 31 March 2021 which are set out on pages 1 and 2

Respective responsibilities of Trustees and examiner

As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 (2) of the Charities act (the Act) does not apply.

It is our responsibility to:

Basis of independent examiner's statement

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes a consideration of any unusual items or disclosures in the accounts ,and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts.

Independent examiner's statement

In connection with our examination, no matter has come to our attention.

2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

….............................................

Yacoob Malik Yacoob Malik & Co. 2 Brighton Range Manchester M18 7LP

SRI GURU GOBIND SINGH GURDWARA

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

SRI GURU GOBIND SINGH GURDWARA PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

CHARITY NO. 1104110
INCOMING RESOURCES
(Note 3)
Voluntary Income
Other Income
Gift Aid
Interest
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
(Notes 4-8)
Charitable activities
TOTAL RESOURCES EXPENDED
Net incoming/(outgoing) resources
before transfers
Gross Transfers between funds
Net movement in Funds
before other recognised gains/(losses)
OTHER RECOGNISED GAINS/(LOSSES)
Gains and Losses on Revaluation
Gains and Losses on Investment assets
NET MOVEMENT IN FUNDS
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD		 Restricted
Unrestricted
Income
Total
Total
Funds
Funds
2021
2020
54,369
-
54,369
139,216
35,600
-
35,600
91,994
6,808
-
6,808
8,699
2
-
2
-
96,779
-
96,779
239,909
43,372
-
43,372
133,815
43,372
-
43,372
133,815
53,407
-
53,407
106,094
-
53,407
-
53,407
106,094
-
-
-
-
-
-
-
-
-
-
-
-
-
53,407
-
53,407
106,094
-
1,719,859
-
1,719,859
1,613,765
-
1,773,266
-
1,773,266
1,719,859

1

SRI GURU GOBIND SINGH GURDWARA BALANCE SHEET AS AT 31 MARCH 2021

FIXED ASSETS
TANGIBLE ASSETS
Note 9
Note 10
TOTAL FIXED ASSETS
CURRENT ASSETS
Stock and Work in Progress
Debtors
Note 11
(Short term) investments
Cash in Hand and at Bank
TOTAL CURRENT ASSETS
Creditors: amounts
Note 12
falling due within one year
Net Current Assets/(Liabilities)
Total Assets Less Current Liabilities
Creditors: amounts
Note 13
falling due after one year
Note 14
Provisions for Liabilities and Charges
NET ASSETS
FUNDS OF THE CHARITY
Unrestricted Funds
Restricted Income Funds
Endowment Funds
TOTAL FUNDS
Signature of Trustee(s)		 Restricted
Unrestricted
Income
Total
Funds
Funds
2021
2020
1,711,420
-
1,711,420
1,714,088
-
-
-
-
1,711,420
-
1,711,420
1,714,088
-
-
-
-
-
-
63,441
63,441
15,814
63,441
-
63,441
15,814
1,595
1,595
1,350
61,846
-
61,846
14,464
1,773,266
-
1,773,266
1,728,552
-
-
-
-
8,693
-
-
-
-
1,773,266
-
1,773,266
1,719,859
1,773,266
1,773,266
1,719,859
-
-
-
1,773,266
-
1,773,266
1,719,859
------------------------------------------------------------------

Name

BALBER SINGH PARKASH SINGH

Date of Approval

----------------------------------------------------------------------

2

SRI GURU GOBIND SINGH GURDWARA

FOR THE YEAR ENDED 31 MARCH 2021

NOTE 1 BASIS OF PREPARATION

1.1 BASIS OF ACCOUNTING

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities- Statement of Recommended Practice (SORP 2005); and with Accounting Standards;

and with the Charities Act 1993

1.2 CHANGE IN BASIS OF ACCOUNTING

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year

1.3 CHANGES TO PREVIOUS ACCOUNTS

1.4 MATERIAL DONATIONS

£

Material Donations include:

3

SRI GURU GOBIND SINGH GURDWARA FOR THE YEAR ENDED 31 MARCH 2021

Note 2 ACCOUNTING POLICIES

This standard list of accounting policies has been applied by the charity.

INCOMING RESOURCES

Recognition of incoming resources

These are included in the Statement of Financial Activities (SOFA) when:

the Charity becomes entitled to the resources;

the trustees are virtually certain they will receive the resources; and

the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported as gross in the SOFA

Grants and donations

Grants and donations are only included in the SOFA when the Charity has unconditional entitlement to the resources.

Tax reclaims on donations and gifts

Incoming resources from Tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual income and performance related grants

This is only included in the sofa once the related goods or services have been delivered

Gifts in kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised..

Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.

Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivale.

Donated services and facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material.

The value placed on these resources is the estimated value to the charity of the service or facility received

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report

Investment income

This is included in the accounts when receivable

Investment gains and losses

This includes any gain loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

4

SRI GURU GOBIND SINGH GURDWARA FOR THE YEAR ENDED 31 MARCH 2021

EXPENDITURE AND LIABILITIES

Liability recognition

Liabilities are recognised as soon as there is a legal construstive obligation committing the charity to pay out resources

Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and costs of any legal advice to trustees on governance or constitutional matters. They also include Premises costs, made up of Rent Lighting and Heating, Administrative costs including Telephone and internet, postage and stationery, as well as Travel and other Volunteers expenses

Grant with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the receipient of the grant has provided the specific service or output.

Grants payable without performance condition

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg alocating property costs by floor areas, or per capita,staff costs by the time spent and other costs by their usage.

ASSETS

Tangible fixed assets for use by the Charity

These are capitalised if they can be used for more than one year, and cost at least £500.They are valued at cost or a reasonable value on receipt.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the yearend. Other investment assets are included at trustees' best estimate or market value.

5

SRI GURU GOBIND SINGH GURDWARA FOR THE YEAR ENDED 31 MARCH 2021

Note 3

Analysis of incoming resources
Analysis
Gudwara Opening Donations
Ardasa
Members' (Bhajji Collection) Subsriptions
Wedding Bookings
Golak Model Collection
Gift Aid
Rental Income
Other Voluntary Income
Bank Iterest
Activities for generating funds
Total
Investment income
Total
Incoming resources from charitable activities
Total		 2021
£
-
-
-
-
-
6,808
35,600
54,369
2
96,779
-
-
-
-
-
-		 2020
£
-
-
-
-
-
8,699
28,000
203,909
-
240,608
-
-
-
-
-

6

SRI GURU GOBIND SINGH GURDWARA FOR THE YEAR ENDED 31 MARCH 2021

Note 4

Analysis of Resources expended

Costs of generating voluntary income
Analysis
Total
Fundraising and Publicity Costs
Total
Investment and management costs
Bank Loan Interest Charges
Bank charges
Charitable activities
Rates, water and service charges
Printing, Stationery & Advertising
Floor Cleaning/ Polishing
Premises/Machinery repairs and renewals
Health and safety costs
Service Costs
P B Projects
Insurance
Gurdwara running costs
Sundry expenses
Total
Governance costs
Annual 5 Tempels Event
Professional fees in support of charitable activities		 2021
2020
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
41,777
133,815
-
-
41,777
133,815
-
-
1,595
1,350

7

SRI GURU GOBIND SINGH GURDWARA NOTES TO THE ACCOUNTS

Note 5
Support Costs
Fundraisin Charitable Governanc Total Cost
activity
activity
activity
Support cost type
None
None
None
None
Total
-
-
-
-
Note 6
DETAILS OF CERTAIN ITEMS OF EXPENDITURE
6.1 Trustee expenses
2021
Number of trustees who were paid expenses
None
Nature of expenses
N/A
Total amout paid
6.2 Fees for examination or audit of the accounts
2021
Independent examiner's or auditors' fees for
1,595
reporting on the accounts
Other fees (e.g. advise, consultancy, accountancy,
-
services) paid to the independent examiner or auditor.
1,595		 Fundraisin Charitable Governanc Total Cost
activity
activity
activity
None
None
None
None		 Fundraisin Charitable Governanc Total Cost
activity
activity
activity
None
None
None
None		 None
-
-
-
-		 -
2020
None
N/A
-
2020
1,350
-
1,595 1,350

8

SRI GURU GOBIND SINGH GURDWARA NOTES TO THE ACCOUNTS

----- Start of picture text -----
Note 7
Paid employees
7.1 Staff costs
2021 2020
£
- -
Gross wages, salaries and Benefits in kind
- -
Total Staff costs
----- End of picture text -----

There is no Pession Scheme in operation.

9

SRI GURU GOBIND SINGH GURDWARA NOTES TO THE ACCOUNTS

Grantmaking 8.1 Total Value of grants Grants to Institutions Individuals Total £ Total - 8.2 Grantmaking costs

The Charity does not prepare accounts based on ''Activity Basis''

8.3 Material Grants to Institutions

Names of Institutions Purpose Total Grant Paid £ Total -

10

SRI GURU GOBIND SINGH GURDWARA NOTES TO THE ACCOUNTS

Note 9 TANGIBLE FIXED ASSETS

9.1 cost or valuation

Balance b/fwd
Additions
Disposals
Transfers
Balance c/fwd		 Freehold
Other
Land &
Land &
Buildings
Buildings
£
£
1,700,747
-
-
-
-
-
-
-
-
-
1,700,747
-		 Fixtures,
Fittings &
Equipments
£
20,039
-
-
-
-
20,039		 Total
£
1,720,786
-
-
-
-
-
1,720,786

9.2 Accumlated depreciation and impairment provisions

Basis
Rate
Balance b/fwd
Charge for the year
Impairment provisions
Revaluations
Disposals
Transfers
Balance c/fwd
9.3 Net book value
Carried forward
Brought forward		 SL or RB
SL or RB
0%
0%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,700,747
-
-
1,700,747
-
-		 SL or RB
20%
6,698
2,668
-
-
-
-
9,366.15
10,673
6,891		 6,698
2,668
-
-
9,366.15
1,711,420
1,707,638

9.4 Revaluation

The Charity has not revalue ant of her assets

Note 10 Investment Assets

-

-

11

SRI GURU GOBIND SINGH GURDWARA NOTES TO THE ACCOUNTS

Note 11 Debtors and Prepayments

Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Other debtors
Total		 2021
2020
2021
2020
£
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Amounts falling due
within one year
Amounts falling due after
more than one year
-
-
-
-

Creditors and Accruals

12.1 Analysis of creditors
Loans and overdrafts
Amounts due to subsidiary and asscoiated
Undertakings
Other creditors
Accurals and deferred income
Total		 2021
2020
2021
2020
£
£
£
£
-
-
-
-
-
-
-
-
-
-
1,595
1,350
Amounts falling due Amounts falling due after
within one year
more than one year
1,595
1,350
-
-

12.2 Security Over Assets

No Creditor holds a charge or other security over any of the Charity's assets

12

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SRI GURU GOBIND SINGH GURDWARA

CHARITY REG. NO. 1104 110

We report on the accounts of the trust for the year ended 31 March 2021 which are set out on pages 1 and 2

Respective responsibilities of Trustees and examiner

As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 (2) of the Charities act (the Act) does not apply.

It is our responsibility to:

Basis of independent examiner's statement

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes a consideration of any unusual items or disclosures in the accounts ,and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts.

Independent examiner's statement

In connection with our examination, no matter has come to our attention.

2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

….............................................

Yacoob Malik Yacoob Malik & Co. 2 Brighton Range Manchester M18 7LP