REGISTERED COMPANY NUMBER: 05502833 (England and Wales)
REGISTERED CHARITY NUMBER: 1111986
Re
ort of the Trustees and
Financial Statements for the Year Ended 31 Jul 2024
for
Guru Mane
o Granth Gurdwara
RA Audit Services Limited (Statutory Auditor)
2nd Floor
Grove House
55 Lowlands Road
Harrow
Middlesex
HA13AW

Guru Mane
o Granth Gurdwara
Contents of the Financial Statements
for the Year Ended 31 Jul 2024
Page
Report of the Trustees
Report of the Independent Auditors
9 to 12
Statement of Financial Activities
13
Statement of Financial Position
14 to 15
Statement of Cash Flows
16
Notes to the Statement of Cash Flows
17
Notes to the Financial Statements
18 to 28

Guru Mane
o Granth Gurdwara
ort of the Trustees
for the Year Ended 31 Jul 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity for the year ended 31 July 2024. The
trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1
January 2019)
OBJECTIVES AND ACTIVITIES
Objectives and aims
We have referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our future activities. In particular, the
trustees consider how planned activities will contribute to the aims and objectives that have been set.
The objective of the charity is to..
(i) Advance the Sikh Religion in the UK, including through the provision of temples, to practice the
teachings of Sri Guru Granth Sahib jee, the Eternal Guru of the Sikhs. which explains how to meet
God during this lifetime.
(li) To relieve poverty and sickness and to advan￿ education both generally and in the principles of
the Sikh faith for the benefit of the public.
Page 1

Guru Mane
o Granth Gurdwara
Re
ort of the Trustees
for the Year Ended 31 Jul 2024
OBJECTIVES AND ACTIVITIES
Significant activities
The trustees have referred to the guidance contained in the Charity Commission's general guidance
on public benefit when reviewing the charity's aims and objectives and in planning its future activities.
In particular, the trustees consider how planned activities will contribute to the aims and objectives that
have been set.
Art Gallery
The Charity has established a permanent Sikh Art Gallery - Without Shape Without Form. The Gallery
is dedicated to illustrating the grand narrative of the Sikh faith and its development through pivotal
historical events. The Charity's aim is to use art as a medium to educate those from all communities
about the universal teachings of the Sikh faith and to foster and showcase the wealth of creative talent
that lies untapped in the community.
Through the year the Gallery welcomes several thousand visitors from all communities and also hosts
special visits for schools and local organisations from both public and private sectors.
In November 2019 a new exhibition "Eq1" was launched at the Gallery, supported by the Arts Council
UK. The exhibition celebrated the 550th birth anniversary of the first Sikh Guru, Sri Guru Nanak Dev
Jee and their teachings of Simran (meditation), earning an honest living and sharing with the needy.
The new contemporary style exhibition was hugely successful in attracting many new visitors opening
the teachings of Sri Guru Nanak Dev Jee to new audiences and giving an opportunity those in the
creative industries to participate in a community project.
Following the success of the Without Shape Without Form gallery in Slough, a touring exhibition called
the Journey of the Mind commenced in 2021. Journey of the Mind brings Sikh Teachings and heritage
to a contemporary context to spark conversation and exchange beyond racial and religious
boundaries. The exhibition aims to evoke curiosity about the internal journey of the mind and promote
greater understanding of the mind and well-being. The success and growing popularity of the touring
exhibition was encapsulated in the arrival of the exhibition in London in September 2023 at the Victoria
& Albert Museum. A unique collaboration with British-born Canadian artist Nirbhai Sidhu, delivered the
Unstruck Melody, an experience that combined spirituality and knowledge to the thousands that visited
both the exhibition and attended the programme of events across London. From 21 February to 3
March 2024 the 'Journey of the Mind exhibition was hosted at Cromwell Place in South Kensington,
London attracting a large number of visitors with a broad cultural mix. This was followed by a series of
well attended talks and workshops across London.
Children and Youth Camps and Live Theatre
We held camps for children in July and December 2024, both camps were attended by over eight
hundred children, learning and practicing the Sikh values of Simran meditation, honest living, self-less
service and equality. Children were also able to see a new live theatre performance from Gopi & Joti
and take part in a Sports Day to mark the culmination of the Summer Camp in July.
In addition to the above the Gurdwara has a busy calendar of events that run throughout the year,
including a monthly Akhand Paath Sahib (continuous reading of Sri Guru Granth Sahib Ji) and
monthly Simran meditation and Children Seva events.
Page 2

Guru Mane
o Granth Gurdwara
ort of the Trustees
for the Year Ended 31 Jul 2024
OBJECTIVES AND ACTIVITIES
Public benefit
Skills Academy
An initiative to provide the local community with much-needed training facilities saw the creation of the
UK'S first free City & Guilds accredited academy; Refresh. Members from across the diverse Slough
community have continued to benefit from free training courses. Students have progressed to
employment, further education or to establishing new businesses.
Students are able to acquire carpentry, electrical, plumbing, plastering and bricklaying skills as part of
the broad-based construction course taught by qualified tutors. The academy's success has been
recognised through the various awards it has received and more importantly glowing testimonials from
the students themselves.
All students on the course that ran from September to December 2024 successfully complete their
training.
Volunteers
The Queen's Award for Voluntary Service
One of the Charity's objectives is to relieve poverty and sickness, consistent with this aim the Charity
since inception, has operated a free communal kitchen (known as Langar) where anyone, regardless
of faith or background, can have a free meal. This service is available to all the public every day of the
year. The charity serves on average 5000 free meals a week through its communal kitchen. However,
restrictions presented by the pandemic meant that those in need were not able to come to the
Gurdwara for food. In response to the needs of the community at a time of national crisis the Charity
commenced a Free Food Programme at the start of the COVID pandemic in March 2020. The Charity
collaborated with other charities and organisation to distribute over 430 tonnes of fresh produce and
provided over 1 million freshly cooked, nutritious, vegetarian hot meals to the homeless, needy & NHS
staff, all over London & Greater London. The Charity's food support program featured was on the BBC
in June 2020 and in June 2021 the Charity received The Queen's Award for Voluntary Service, the
highest award a voluntary group can receive in the UK.
As the pandemic receded the Charity's free food support program has been adapted to again focus on
the needs of local residents that require support to meet their individual and family food needs. The
surge in cost of living, driven by energy prices has seen a surge in local demand for our free food
services. These services to the local community continued to be delivered through 2024 and to date.
Page 3

Guru Mane
o Granth Gurdwara
ort of the Trustees
for the Year Ended 31 Jul 2024
FINANCIAL REVIEW
Financial position
The charity has maintained a sound financial position throughout the period. This was achieved
through careful cost management and a stable income base from long term members of the
congregation.
Total income for the year to July 2024 was £1.451 m. The decrease versus income of £1.8m in 2023
was due to a one-off gain in 2023 of £0.5m from the disposal of the property in Greenbridge, Swindon.
Donations in the year to July 2024 grew by 180/0 and included donations for the refurbishment of the
new independent Sikh Heritage Girls School. The refurbishment was completed in the summer of
2024. The school successfully obtained registration with the Department of Education and opened in
September 2024.
The strong income flow reflects the commitment of the congregation to the charity's objectives and
trust in the charity's management team to continue to grow the charity in line with its objectives in the
field of education.
Overall congregation numbers have continued to grow in Slough through engagement at regular
monthly events and children's camps. Congregation growth helps provide additional funding to meet
increased energy and food costs at time of high inflation.
The charity continues to implement prudent cost management introduced during the pandemic. The
charity had funds in the bank of £0.95 million. The ability to raise funds, absorb increased costs and
maintain funds to cover operating expenses demonstrate the charity's financial strength and resilience
and continued sound financial management.
Page 4

Guru Mane
o Granth Gurdwara
Re
ort of the Trustees
for the Year Ended 31 Jul 2024
FINANCIAL REVIEW
Reserves policy
Reserve levels indicate that there are no material risks to the organisation's ability to operate as a
going concern. As a result, the accounts have been prepared on a going concern basis.
The Trustees have confirmed that, after careful review of the reserves policy, the most appropriate
measure of reserves for the Charity is by reference to the Charity's liquidity position. In considering the
adequacy of the reserves, the Trustees have taken into account the largely discretionary nature of its
expenditure and the relatively stable level of annual donations received.
The Trustees consider the key measure of sustainability for the Charity to be current and future
liquidity cover, rather than the surplus or deficit accounting position. As a consequence, the trustees
have set appropriate reserves policies relating to liquidity based on the relationship between readily
realisable assets. on-going level of donations received and the cash requirements associated with
sustaining the Charity's operations for a period. In establishing this policy, the Board of Trustees
conducts an annual review of the level of unrestricted reserves in the general fund by considering risks
associated with the various income streams, expenditure plans and balance sheet items. This enables
an estimate to be made of the level of reserves that are sufficient..
to allow time for re-organisation in the event of a downturn in income or asset values.,
to protect ongoing work programme., and
to allow the Charity to meet its objectives.
Risks and issues considered by the Board of Trustees in making this judgement on the level of
unrestricted reserves include..
likelihood of a downturn in income streams.,
period of time required to re-establish income streams.,
period of time required to downsize the Charity operations.,
whether there is adequate control over budgets" and
requirements for a reasonable level of working capital.
The Trustees have also assessed other operational and business risks which they face and confirm
that they have established systems to mitigate the significant risks. In the event of the Charity facing
difficult financial circumstances, this would allow it to continue operations during a period of managed
adjustment to these new circumstances. The Trustees review the Charity's reserves policy annually
and are satisfied with the level of cash reserves at the end of 2024 which amounted to £0.95m. The
Charity's total unrestricted reserves amounted to £0.95m which the trustees consider is sufficient to
fund ongoing costs of the Charity for at least one year and will maintain them at a similar level by
continuing its fund-raising activities as in previous years and managing its outgoings.
Page 5

Guru Mane
o Granth Gurdwara
ort of the Trustees
for the Year Ended 31 Jul 2024
FINANCIAL REVIEW
Going concern
Following the easing of covid restrictions the charity has seen income and congregation numbers rise
back to pre-covid levels. The strong financial performance this year is testimony to the valuable
service the charity provides to all the community and the strength in its financial management.
The trustees are confident of the ongoing support of the organisation's congregation and therefore
believe it is appropriate to adopt the going concern principle in preparing its accounts.
Trustees are not expecting any material on-going impact on the revenue. The Charity has sufficient
reserves to sustain key activities for long term through sound financial management and planning.
Based on the financial and activity assessment the Charity will continue as going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
The charity is a company governed by its Memorandum and Articles of Association dated 7 July 2005
as amended by special resolution(s) dated 9 August 2009 and 13 June 2021. The charity is registered
as a charity with the Charity Commission.
Recruitment and appointment of new trustees
The Board of Trustees requires a breadth and depth of experience to carry out its duties. New
Trustees are appointed by existing trustees after consideration of the skills required by the Charity to
meet both current and future objectives. New Trustees are likely to be familiar with the work of the
Charity and are made aware of the scope of their responsibilities under the Charity Act as part of their
induction training.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05502833 (England and Wales)
Registered Charity number
1111986
Registered office
221 Bath Road
Slough
United Kingdom
SL14BA
Page 6

Guru Mane
o Granth Gurdwara
Re
ort of the Trustees
for the Year Ended 31 Jul 2024
Trustees
Mr A S Khaira
Mr S S Dhillon
Mr K S Sidhu
Mr S Singh (resigned 17.3.24)
Mrs M K Dosanjh
Mr J Singh (resigned 6.1.24)
Mr S S Hayre
Mr H S Badwal (appointed 11.7.24)
Mr P S Lallh (appointed 11.7.24)
Company Secretary
Mr S S Dhillon
Auditors
RA Audit Services Limited (Statutory Auditor)
2nd Floor
Grove House
55 Lowlands Road
Harrow
Middlesex
HA13AW
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Guru Maneyo Granth Gurdwara for the purposes of
company law) are responsible for preparing the Report of the Trustees and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice) including Financial Reporting Standard 102 The Financial
Reporting Standard applicable in the UK and Republic of Ireland
Company law requires the trustees to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that
period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charity SORP"
make judgements and estimates that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charitable company and to enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Page 7

Guru Mane
o Granth Gurdwara
Re
ort of the Trustees
for the Year Ended 31 Jul 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES - continued
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware., and
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are aware of that information.
AUDITORS
The auditors, RA Audit Services Limited (Statutory Auditor), will be proposed for re-appointment at
the forthcoming Annual General Meeting.
Approved by order of the board of trustees on
by:
and signed on its behalf
Mr K S Sidhu - Trustee
Page 8

ort of the Inde
endent Auditors to the Members of
Guru Mane
o Granth Gurdwara
Opinion
We have audited the financial statements of Guru Maneyo Granth Gurdwara (the 'charitable
company,) for the year ended 31 July 2024 which comprise the Statement of Financial Activities, the
Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements,
including a summary of significant accounting policies. The financial reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland,.
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 July 2024 and of its
incoming resources and application of reSoUr￿s, including its income and expenditure, for the year
then ended"
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic of Ireland," and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of
the charitable company in accordance with the ethical requirements that are relevant to our audit of
the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our
other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charitable
company's ability to continue as a going concern for a period of at least twelve months from when the
financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of this report.
Page 9

Re
ort of the Inde
endent Auditors to the Members of
Guru Mane
o Granth Gurdwara
Other information
The trustees are responsible for the other information. The other information comprises the
information included in the Annual Report, other than the financial statements and our Report of the
Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether this gives rise to a material misstatement in the financial statements
themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact. We have nothing to report
in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit".
the information given in the Report of the Trustees for the financial year for which the financial
statements are prepared is consistent with the financial statements., and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment
obtained in the course of the audit, we have not identified material misstatements in the Report of the
Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires
us to report to you if, in our opinion..
adequate accounting records have not been kept or returns adequate for our audit have not been
received from branches not visited by us" or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit" or
the trustees were not entitled to take advantage of the small companies exemption from the
requirement to prepare a Strategic Report or in preparing the Report of the Trustees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the
directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and
for such internal control as the trustees determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless the trustees either intend to liquidate
the charitable company or to cease operations, or have no realistic alternative but to do so.
Page 10

Re
ort of the Inde
endent Auditors to the Members of
Guru Mane
o Granth Gurdwara
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue a Report of the
Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance,
but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a
material misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed
below..
Irregularities including fraud are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, including fraud.
Our approach to identifying and assessing the risks of material misstatement in respect of
irregularities, including fraud and non-compliance with laws and regulations, was as follows..
The client partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify and recognise non-compliance with applicable laws and regulations.
1) We identified the laws and regulations applicable to the charitable company through discussions
with directors, key management personnel and from our commercial knowledge and experience.
2) We focused on specific laws and regulations which we considered may have a direct effect on
financial statements or the operations of the charitable company including Companies Act 2006,
current taxation legislation, data protection, anti-bribery and money laundering, food safety,
employment and health and safety legislation.
3) We assessed the extent of compliance with the laws and regulations identified above through
making enquiries of management.
4) Identified laws and regulations were communicated with the audit team regularly and the team
remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company's financial statements to material misstatement,
including obtaining an understanding of how fraud might occur by.,
1) Making enquiries of management as to where they considered there was susceptibility to fraud,
their knowledge of actual suspected and alleged fraud and
2) Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws
and regulations.
To address the risk of fraud through management bias and override of controls, we..
1) Performed analytical procedures to identify any unusual and unexpected relationships,
2) Tested journal entries to identify unusual transactions.
3) Investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed
procedures which included, but were not limited to:
1) Agreeing financial statements disclosures to underlying supporting documentation.
2> Enquiring of management as to actual and potential litigation and claims and
3) Reviewing correspondence with HMRC, enquiring of management over health and safety.
Page11

ort of the Inde
endent Auditors to the Members of
Guru Mane
o Granth Gurdwara
There are inherent limitations in our audit procedures described above. Auditing standards also limit
the audit procedures required to identifying non-compliance with laws and regulations to enquiry of the
directors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error
as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms
part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we
might state to the charitable company's members those matters we are required to state to them in an
auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the charitable company and the charitable company's
members as a body, for our audit work, for this report, or for the opinions we have formed.
Poonam Madani BFP ACA FCCA (Senior Statutory Auditor)
for and on behalf of RA Audit Services Limited (Statutory Auditor)
2nd Floor
Grove House
55 Lowlands Road
Harrow
Middlesex
HA13AW
Date..
Page 12

Guru Mane
o Granth Gurdwara
Statement of Financial Activities
Incor
oratin
an Income and Ex
for the Year Ended 31 Jul 2024
enditure Account
31.7.24
Total
funds
31.7.23
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,242,463
1,242,463
1,056,721
Other trading activities
Other income
176,298
32,239
176,298
32,239
226,250
499,967
Total
1,451,000
1,451,000
1,782.938
EXPENDITURE ON
Charitable activities
Repairs and maintenance
Water
Light and heat
Insurance
Telephone
Office expenses
Bank charges
Depreciation
Bank loan interest
Food and materials
Marketing
Sundries
Audit fees
Legal and Professional fees
Exhibition and event
113,585
8,278
97,328
59,703
6,476
8,039
1,246
18,960
285,032
121,688
10,913
9,281
8,000
39,730
125,082
113,585
8,278
97,328
59,703
6,476
8,039
1,246
369,154
285,032
121,688
10,913
9,281
8,000
43,210
125,082
77,668
3,588
146,664
42,935
5,314
4,225
1,190
288,119
224,098
81,865
16,149
14,076
9,600
7,020
195,720
350,194
3,480
Total
913,341
353,674
1,267,015
1,118,231
NET INCOMEI{EXPENDITURE)
Transfers between funds
537,659
19 (851,416)
(353,674)
851,416
183,985
664,707
Net movement in funds
(313,757)
497,742
183,985
664,707
RECONCILIATION OF FUNDS
Total funds brought forward
1,184,470 10,179,456 11,363,926 10,699,219
TOTAL FUNDS CARRIED FORWARD
870,713 10,677,198 11,547,911 11,363,926
The notes form part of these financial statements
Page 13

Guru Mane
o Granth Gurdwara
Statement of Financial Position
31 Jul 2024
31.7.24
Total
funds
31.7.23
Total
funds
Unrestricted Restricted
fund
funds
Notes
FIXED ASSETS
Tangible assets
13
54,009 13,818,911 13,872,920 13,641,431
CURRENT ASSETS
Debtors
Cash at bank and in hand
14
35,820
946,628
35,820
946,628
37,514
1,218,601
982,448
982,448
1,256,115
CREDITORS
Amounts falling due within one year
15 (165,744) (253,020) (418,764) (386,868)
NET CURRENT ASSETS
816,704
(253,020)
563,684
869,247
TOTAL ASSETS LESS CURRENT
LIABILITIES
870,713 13,565,891 14,436,604 14.510,678
CREDITORS
Amounts falling due after more than one
year
16
(2,888,693) (2,888,693) (3,146,752)
NET ASSETS
870,713 10,677,198 11,547,911 11.363,926
FUNDS
Unrestricted funds
Restricted funds
19
870,713
1.184,470
10,677,198 10,179,456
TOTAL FUNDS
11,547,911 11,363,926
The notes form part of these financial statements
Page 14
continued...

Guru Mane
o Granth Gurdwara
Statement of Financial Position continued
31 Jul 2024
These financial statements have been prepared in accordance with the provisions applicable to
charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
Lvfi
Mr K S Sidhu - Trustee
Mr S S Dhillon - Trustee
The notes form part of these financial statements
Page 15

Guru Mane
o Granth Gurdwara
Statement of Cash Flows
for the Year Ended 31 Jul 2024
31.7.24
31.7.23
Notes
Cash flows from operating activities
Cash generated from operations
Interest paid
864,475
(285,032)
617,864
(224,098)
Net cash provided by operating activities
579,443
393,766
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
(600,644)
(608,017)
1,268,764
Net cash (used in}Iprovided by investing activities
(600,644)
660,747
Cash flows from financing activities
Loan repayments in year
(250,772)
(242,254)
Net cash used in financing activities
(250,772)
(242,254)
Change in cash and cash
equivalents in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
(271,973)
812,259
1,218,601
406,342
Cash and cash equivalents at the
end of the reporting period
946,628
1,218,601
The notes form part of these financial statements
Page 16

Guru Mane
o Granth Gurdwara
Notes to the Statement of Cash Flows
for the Year Ended 31 Jul 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.7.24
31.7.23
Net income for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Profit on disposal of fixed assets
Interest paid
Decrease/(increase) in debtors
Increasel(decrease) in creditors
183,985
664,707
369,154
288,119
(495,353)
224,098
(22,865)
(40,842)
285,032
1,694
24,610
Net cash provided by operations
864,475
617,864
ANALYSIS OF CHANGES IN NET DEBT
At 1.8.23
Cash flow
At 31.7.24
Net cash
Cash at bank and in hand
1,218,601
(271,973)
946,628
1,218,601
(271,973)
946,628
Debt
Debts falling due within 1 year
Debts falling due after 1 year
(242,253)
(3,146,752)
(7,287) (249,540)
258,059 (2,888,693)
(3,389,005)
250,772 (3,138,233)
Total
(2,170,404)
(21,201) (2,191,605)
The notes form part of these financial statements
Page 17

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements
for the Year Ended 31 Jul 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS
102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
The financial statements are prepared in sterling, which is the functional currency of the
company Monetary amounts in those non statutory financial statements are rounded to the
nearest £.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement
to the funds, it is probable that the income will be received and the amount can be measured
reliably. Income from fund raising activites is accounted for on cash basis. Charity also
generates rental income by letting parking space of Gurdwara. Rental Income is accrued on a
monthly basis.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will
be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category. Where costs cannot be directly attributed to particular
headings they have been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs
Expenditure is used for charitable purpose and premises and establishment costs. These are
allocated accordingly in respect of the support and running of the Gurdwara and supporting its
running costs and services to the congregation.
Tangible fixed assets
Tangible fixed assets are stated at cost net of depreciation and any impairment losses.
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Freehold property - 20k straight line basis
Plant and Machinery - 150/0 Straight line basis
No depreciation is charged on freehold land.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Page 18
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
ACCOUNTING POLICIES - continued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of
the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for particular
restricted purposes.
Designated funds are a portion of unrestricted funds that the charity trustees have set aside for
a particular purpose hence restricted for that purpose.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the statement of financial position date. Transactions in foreign currencies are
translated into sterling at the rate of exchange ruling at the date of transaction. Exchange
differences are taken into account in arriving at the operating result.
Government grants
Government grants are recognised at the fair value of consideration received or receivable
when there is reasonable assurance that the grant conditions will be met and the grants will be
received.
Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments,
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial
instruments.
Financial instruments are recognised in the company's balance sheet when the company
becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enforceable right to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable within
one year are not amortised.
Basic financial liabilities
Page 19
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
ACCOUNTING POLICIES - continued
Basic financial liabilities, including creditors, bank loans, are initially recognised at transaction
price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Cash at bank and in hand
Cash at bank and cash in hand includes immediate access and overnight bank deposits.
Cash held in fixed term deposit account are also classified as cash at bank and in hand as they
are generally held with the overall intention of retaining cash in hand for liquidity purpose.
Going Concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future.
Thus the Trustees continue to adopt the going concern basis of accounting in preparing the
accounts.
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION
UNCERTAINTY
In the application of the company's accounting policies, the trustees are required to make
judgments estimates and assumptions about the carrying amount of the assets and liabilities
that are not readily apparent from other are considered to be relevant. Actual results may differ
from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
Key Sources of estimation uncertainty
The following judgements have had the most significant effect on amounts recognised in the
financial statements.
Useful lives of tangible fixed assets
The costs of tangible fixed assets less their residual value are depreciated over their estimated
useful economic lives which are estimated by the trustees. Changes in the expected level of
usage and technological developments could impact on the useful economic lives of these
assets., therefore, further depreciation charges could be revised. The level of provision is
required on an on-going basis and is disclosed in note 13 to the accounts.
Page 20
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
DONATIONS AND LEGACIES
31.7.24
31.7.23
Donations
Gift aid
1,167,366
75,097
984,612
72,109
1,242,463
1,056,721
OTHER TRADING ACTIVITIES
31.7.24
31.7.23
Rental income
Grants
176,298
186,250
40,000
176,298
226,250
OTHER INCOME
31.7.24
31.7.23
Gain on sale of tangible fixed assets
Bank interest
495,353
4,614
32,239
32,239
499,967
Page 21
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 7)
Direct
Costs
Totals
Repairs and maintenance
Water
Light and heat
Insurance
Telephone
Office expenses
Bank charges
Depreciation
Bank loan interest
Food and materials
Marketing
Sundries
Audit fees
Legal and Professional fees
Exhibition and event
113,585
8.278
97,328
59,703
6,476
8,039
1,246
369,154
285,032
121,688
10,913
9,281
113,585
8,278
97,328
59,703
6,476
8,039
1,246
369,154
285,032
121,688
10.913
9,281
8,000
43,210
125,082
8,000
43,210
125,082
1,259,015
8,000
1,267,015
SUPPORT COSTS
Governanc
costs
Audit fees
8,000
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting)'.
31.7.24
31.7.23
Auditors, remuneration
Depreciation - owned assets
Surplus on disposal of fixed assets
8,000
369,155
9,600
288,119
(495,353)
Page 22
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 July 2024 nor for
the year ended 31 July 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 July 2024 nor for the year ended
31 July 2023.
10. STAFF COSTS
There were no employees, remuneration or other benefits for the year ended 31 July 2024 and
31 July 2023.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,056,721
1,056,721
Other trading activities
Other income
186,250
4,614
40,000
495,353
226,250
499,967
Total
1,247,585
535,353
1.782,938
EXPENDITURE ON
Charitable activities
Repairs and maintenance
Water
Light and heat
Insurance
Telephone
Office expenses
Bank charges
Depreciation
Bank loan interest
Food and materials
Marketing
Sundries
Audit fees
Legal and Professional fees
Exhibition and event
77,668
3,588
146,664
42,935
5,314
4,225
1,190
20,388
224,098
81,865
16,149
14,076
9.600
7,020
195,720
77,668
3,588
146,664
42,935
5,314
4,225
1,190
288,119
224,098
81,865
16,149
14,076
9,600
7,020
195,720
267,731
Total
850,500
267,731
1,118,231
Page 23
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted
fund
funds
Total
funds
NET INCOME
Transfers between funds
397,085
369,121
267,622
(369,121)
664,707
Net movement in funds
766,206
(101,499)
664,707
RECONCILIATION OF FUNDS
Total funds brought forward
418,264 10,280,955 10,699,219
TOTAL FUNDS CARRIED FORWARD
1,184,470 10,179,456 11,363,926
12. USE OF VOLUNTEERS
Guru Maneyo Granth Gurdwara enlists the services of volunteers in delivering the aims and
objectives of the Charity. The volunteers are organised into teams with supervisors and
co-ordinators managing the allocation to duties across teams. Key departments in the charity
are Finance, Building Management, Children's Education and Teaching, Kitchen and Food
Services, Prayer Hall and Religious Services, Media and Audiotvisual. The contribution of the
volunteers cannot be quantified so is not included in the accounts.
13. TANGIBLE FIXED ASSETS
Freehold
property
Plant and
machinery
Totals
COST
At 1 August 2023
Additions
15,481,618
600,644
469,455 15,951,073
600,644
At 31 July 2024
16,082,262
469,455 16,551,717
DEPRECIATION
At 1 August 2023
Charge for year
1,913,156
350,195
396,486
18,960
2,309,642
369,155
At 31 July 2024
2,263,351
415,446 2,678,797
NET BOOK VALUE
At 31 July 2024
13,818,911
54,009 13,872,920
At 31 July 2023
13,568,462
72,969 13,641,431
The freehold property above includes the value of the land £2,569,113 (2023.. £2,569,113).
Page 24
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
13. TANGIBLE FIXED ASSETS - continued
The freehold property constitute of three properties which includes two Gurdwara and an
independent school.
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24
31.7.23
Trade debtors
Other debtors
Prepayments
2,250
3,762
32,058
35,264
35,820
37,514
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24
31.7.23
Bank loans and overdrafts (see note 17)
Trade creditors
VAT
Other creditors
Accruals and deferred income
249,540
58,093
2.419
17,110
91,602
242,253
47,135
8,253
5,711
83,516
418,764
386,868
Accruals and deferred income includes £29,417 (2023 . £24,417) in relation to rental income.
16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24
31.7.23
Bank loans (see note 17)
2,888,693 3,146,752
Page 25
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
17. LOANS
An analysis of the maturity of loans is given below:
31.7.24
31.7.23
Amounts falling due within one year on demand..
Bank loans
249,540
242,253
Amounts falling due between two and five years:
Bank loans - 2-5 years
998,159
969,012
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
1,890,534
2,177,740
18. SECURED DEBTS
The following secured debts are included within creditors..
31.7.24
31.7.23
Bank loans
3,138,233
3,389,005
The Bank loan is secured by way of fixed charge over the freehold properties of the charity.
Included within other creditors falling due within one year and creditors falling due after more
than one year is £3,139,525 (2023.. £3,389,005) in respect of a bank loan. The loan is repayable
by February 2034 and is subject to variable rate of interest.
19. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.7.24
At 1.8.23
Unrestricted funds
General fund
1,184,470
537,659
(851,416)
870,713
Restricted funds
Restricted
10,179,456
(353,674)
851,416 10,677,198
TOTAL FUNDS
11,363,926
183,985
11,547,911
Page 26
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
19. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources Movement
expended
in funds
Unrestricted funds
General fund
1,451,000
(913,341)
537,659
Restricted funds
Restricted
(353,674) (353,674)
TOTAL FUNDS
1,451,000 (1,267,015)
183,985
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.7.23
At 1.8.22
Unrestricted funds
General fund
418,264
397,085
369,121
1,184,470
Restricted funds
Restricted
10,280,955
267,622
(369,121) 10,179,456
TOTAL FUNDS
10,699,219
664,707
11,363,926
Comparative net movement in funds, included in the above are as follows.
Incoming
resources
Resources Movement
expended
in funds
Unrestricted funds
General fund
1,247,585
(850,500)
397,085
Restricted funds
Restricted
535,353
(267,731)
267,622
TOTAL FUNDS
1,782,938 (1,118,231)
664,707
Page 27
continued...

Guru Mane
o Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
19. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
between
funds
At
31.7.24
At 1.8.22
Unrestricted funds
General fund
418,264
934,744
(482,295)
870,713
Restricted funds
Restricted
10,280,955
{86,052)
482,295 10,677,198
TOTAL FUNDS
10,699,219
848,692
11,547,911
A current year 12 months and prior year 12 months combined net movement in funds, included
in the above are as follows..
Incoming
resources
Resources Movement
expended
in funds
Unrestricted funds
General fund
2,698,585 (1,763,841)
934,744
Restricted funds
Restricted
535,353
(621,405)
(86,052)
TOTAL FUNDS
3,233.938 (2,385,246)
848,692
20. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st July 2024 except trustees
donated £49,680 (2023 . £7,819) to the Charity
Page 28