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← Guru Maneyo Granth Gurdwara

2025-07-31-accounts

REGISTERED COMPANY NUMBER: 05502833 (England and Wales) REGISTERED CHARITY NUMBER: 1111986

Report of the Trustees and

Financial Statements for the Year Ended 31 July 2025

for

Guru Maneyo Granth Gurdwara

RA Audit Services Limited (Statutory Auditor) 2nd Floor Grove House 55 Lowlands Road Harrow Middlesex HA1 3AW

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Guru Maneyo Granth Gurdwara

Contents of the Financial Statements for the Year Ended 31 July 2025

Page
Report ofthe Trustees 1 to 7
Report ofthe Independent Auditors 8 to 11
Statement of Financial Activities 12
Statement of Financial Position 13 to 14
Statement ofCash Flows 15
Notes to the Statement of Cash Flows 16
NotestotheFinancialStatements 17 to27

Guru Maneyo Granth Gurdwara

Report of the Trustees for the Year Ended 31 July 2025

: The trustees who are also directors of the charity for the purposes of the Com i ay 2006,2025. present their report with the financial statements of the charity for the year aot s: Statement of The trustees have adopted the provisions of Accounting and Reporting by Charitie dance with the RecommendedFinancial ReportingPracticeStandardapplicableapplicableto charitiesin the UKpreparingand Republictheir accountsof Irelandin(FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES WeObjectiveshave referredand aimsto the guidance contained in the Charity Commission'si, general aoe. wn public benefit when reviewing our aims and objectives and in planning our future ac i Nesihves particular, the trustees consider how planned activities will contribute to the aims an J 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 teachings of Sri Guru Granth Sahib jee, the Eternal Guru of the Sikhs, which explains how to God during this lifetime. (ii) To relieve poverty and sickness and to advance education both generally and ;in the principlesSes cd of the Sikh faith for the benefit of the public.

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Guru Maneyo Granth Gurdwara

Report of the Trustees for the Year Ended 31 July 2025

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.

Sikh Heritage Girls School

In September 2024 we opened the UK's first independent preparatory school for girls, the Sikh Heritage Girls School.

The foundation of our school lies in the teachings of Sri Guru Granth Sahib Ji and our Sikh heritage. We have a comprehensive approach to safeguarding, which is an integral part of every aspect of our school. We pursue an ambitious bilingual curriculum designed to honour tradition while fostering excitement for the future world, equipping children with the skills to become global citizens who can lead and inspire. We focus on lifelong learning with strong emphasis on spiritual, moral mental development, and resilience. We take pride in developing our students into happy, confident, and independent Sikhs, ready to face the challenges of senior school and beyond. Our vision is to raise children to become leaders who understand the value of hard work and remain lifelong learners. We aim for them to have a profound understanding of the teachings of Sikhi, through the practise of simran and seva as guided by Sri Guru Granth Sahib Ji. We teach our children to use their knowledge to help and make positive contributions to the world around them. Art Gallery

The Charity has established a permanent Sikh Art Gallery in Slough. 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.

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. In April 2025 a new Charity, Without Shape Without Form was established to take forward a contemporary artistic programme, rooted in Sikh philosophical concepts, that enables people to have meaningful conversations about the mind.

Children and Youth Camps and Live Theatre

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Guru Maneyo Granth Gurdwara Report of the Trustees for the Year Ended 31 July 2025

OBJECTIVES AND ACTIVITIES ne held camps for children in July and December 2025, both camps were attended by over one t pasate children, learning and practicing the Sikh values of Simran meditation, honest living, se “less service and equality. Children were also able to see a new live theatre performance from loess. and take part in day trip to the Moors Valley Country Park as of the Summer Camp in 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. 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 2025 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 2025 and to date.

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Guru Maneyo Granth Gurdwara

Report of the Trustees for the Year Ended 34 July 2025

FINANCIAL REVIEW

Financial position The charity has maintained a sound financial position throughout the period., This: woreai through careful cost management and a stable income base from long term mem congregation. Total income for the year to July 2025 was £1.77m. The increase versus income or -ch battiene was driven by 13% increase in donations and the inclusion of fees received by the Si Girls School. trustThe strongin the incomecharity's flowmanagement reflects theteam commitmentto continue of theto congregationgrow the charity to ttsin linecharliewith itsobjacihseobj Bre the field of education. Overall congregation numbers have continued to grow in Slough through engagement andee 4 monthly events and children's camps. Congregation growth helps provide additiona meet increased energy and food costs at time of high inflation. The charity continues to implement prudent cost management introduced during the pancem The charity had funds in the bank of £1.4 million. The ability to raise funds, absorb increase and and maintain funds to cover operating expenses demonstrate the charity's financial streng resilience and continued sound financial management.

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Guru Maneyo Granth Gurdwara forReportthe Yearof the Trustees.Ended 31 July 2025 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 approprlate 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:

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 2025 which amounted to £1.4m. The Charity's total unrestricted reserves amounted to £1.4m 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

Going concern

In recent years, 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.

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Guru Maneyo Granth Gurdwara

Report of the Trustees for the Year Ended 31 July 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document : imi 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.

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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 221SloughBath Road United Kingdom SL1 4BA

Trustees Mr A S Khaira Mr S S Dhillon Mr K S Sidhu Mrs M K Dosanjh Mr S S Hayre Mr H S Badwal MrP §S Lallh

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Company Secretary Mr S S Dhillon

Auditors RA Audit Services Limited (Statutory Auditor) 2nd Floor Grove House 55 Lowlands Road Harrow Middlesex HA1 3AW

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Guru Maneyo Granth Gurdwara (Registered number: 05502833)

Report of the Trustees for the Year Ended 31 July 2025

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. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they 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

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.

In so far as the trustees are aware:

AUDITORS

The auditors, RA Audit Services Limited (Statutory Auditor), will be proposed for re-appointment at the forthcoming Annual General Meeting. . Approvedbehalf by: by order of the board of trustees on AP AOR and signed on its

Mr K S Sidhu - Trustee

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ReportGuru Maneyoof the IndependentGranthGurdwaraAuditors to theMembers of

Opinion We have audited the financial statements of Guru Maneyo Granth Gurdwara (the ‘charitable company’) for the year ended 31 July 2025 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 2025 and of its incoming resources and application of resources, 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.

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ReportGuru Maneyoof the IndependentGranth[Gurdwara] Auditorsto the Members of

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:

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.

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Report of the Independent Auditors to the Members of Guru Maneyo GranthGurdwara

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, school related laws and regulations, 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.

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Report of the Independent Auditors to thM e mbers Guru Maneyo Granth[Gurdwara] of.

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. errorMaterial misstatements that arise due to fraud can be harder to detect than those that arise. from 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.uk/auditorsresponsibilities. 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. PoonamVo Madani[O][ Wow] jaw BFP ACActEECAWoda (Senior Statutory Auditor) for and on behalf of RA Audit Services Limited (Statutory Auditor) 2nd Floor Grove House 55 Lowlands Road Harrow Middlesex HA1 3AW Date: toh | 2026...

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Guru Maneyo Granth Gurdwara

Statementof Financial Activities Incorporating an Income and Expenditure Account for the Year Ended 31 July 2025

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|||||||| |---|---|---|---|---|---|---| |31.7.25|31.7.24| |Unrestricted|Restricted|Total|Total| |fund|funds|funds|funds| |Notes|£|£|£|£| |INCOMEDonationsAND and legaciesENDOWMENTS|FROM|3.|1,407,371|-|1,407,371|1,242,463| |Other trading|activities|4|189,333|153,055|342,388|176,298| |Other income|5|20,124|-|20,124|32,239| |Ne| |Total|1,616,828|453,055|1,769,883|1,451,000| |EXPENDITURE|ON| |CharitableRepairs andactivities maintenance|6|61,012|-|61,012|113,585| |Water|2,788|5,797|8,585|8,278| |Light and heat|51,181|7,728|58,909|97,328| |Insurance|63,581|7,235|70,816|59,703| |Telephone|6,121|676|6,797|6,476| |Office expenses|7,672|-|7,672|8,039| |Bank charges|1,664|52|1,716|1,246| |Depreciation|12,013|301,951|313,964|369,154| |Bank loan interest|207,156|-|207,156|285,032| |Food and|materials|180,042|-|180,042|121,688| |Donation|40,000|-|40,000|-| |Marketing|8,752|-|8,752|10,913| |Sundries|5,972|7,270|13,242|9,281| |IT equipment|5,520|6,265|11,785|-| |Audit fees|8,000|-|8,000|8,000| |Legal and|Professional|fees|38,001|41,192|79,193|43,210| |Exhibition|and event|61,346|-|61,346|125,082| |-|58,193|58,193|-| |Wages| |Total|760,821|436,359|1,197,180|1,267,015| |NET INCOME/(EXPENDITURE)|856,007|(283,304)|572,703|183,985| |Transfers|between funds|19|(218,546)|218,546|-|«| |Net movement|in funds|637,461|(64,758)|572,703|183,985| |RECONCILIATION|OF|FUNDS| |Total funds|brought forward|870,713|10,677,198|11,547,911|11,363,926| |TOTAL FUNDS CARRIED FORWARD|1,508,174|10,612,440|12,120,614|11,547,911|

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The notes form part of these financial statements

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Guru Maneyo Granth Gurdwara Statement 31[July] 2025of Financial Position

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Guru Maneyo
Granth GurdwaraGurdwara
Statement
of Financial PositionFinancial PositionPosition
31 [July]
2025of Financial Position
31.7.25 31.7.24
FIXED ASSETS Notes Unrestricted
fund
£		 Restricted
funds
£		 Total
funds
£		 oe
fun :
Tangible assets 13 173,971 13,504,947 13,678,918 13,872,920
CURRENTASSETS
Debtors
Cash atbankand inhand		 14 42,148
1,425,289		 -
-		 42,148
1,425,289		 pe
= 946,
)
1,467,437 - 1,467,437 982,448
CREDITORS
Amounts falling duewithin oneyear 15 (133,234) (273,459) (406,693) (418,764)
NETCURRENTASSETS 1,334,203 (273,459) 1,060,744 563,684
TOTALASSETS LESSCURRENT
LIABILITIES		 1,508,174 13,231,488 14,739,662 14,436,604
CREDITORS
Amounts falling due after more than one
year 16 - (2,619,048) (2,619,048) (2,888,693)
NETASSETS 1,508,174 10,612,440 12,120,614 11,547,911
FUNDS 19
Unrestricted funds
Restricted funds		 1,508,174
10,612,440		 870,713
10,677,198
TOTALFUNDS 12,120,614 11,547,911

The notes form part of these financial statements

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continued...

Guru Maneyo Granth Gurdwara (Registered number: 05502833

Statement of Financial Position - continued 31 July 2025

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 ome APR HL: ER and were signed on its behalf by:

lo ,

Mr K S Sidhu - Trustee

Mr S SDhillon - Trustee

The notes form part of these financial statements

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Guru Maneyo Granth Gurdwara

Statement of Cash Flows

for the Year Ended 31 July 2025

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||||||||| |---|---|---|---|---|---|---|---| |31.7.25|31.7.24| |Notes|£|£| |Cash|flows|from|operating|activities| |Cash|generated|from|operations|1|1,065,371|864,475| |Interest|paid|(207,156)|(285,032)| |Net|cash|provided|by|operating|activities|858,215|579,443| |Cash|flows|from|investing|activities| |Purchase|of tangible|fixed|assets|(119,962)|(600,644)| |Net|cash|used|in|investing|activities|(119,962)|(600,644)| |Cash|flows|from|financing|activities| |Loan|repayments|in|year|(259,592)|(250,772)| |Net|cash|used|in|financing|activities|(259,592)|(250,772)| |Change|in|cash|and|cash| |equivalents|in|the|reporting| |period|478,661|(271,973)| |Cash|and|cash|equivalents|at|the| |beginning|of the|reporting|period|946,628|1,218,601| |Cash|and|cash|equivalents|at|the| |end|of the|reporting|period|1,425,289|946,628|

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The notes form part of these financial statements

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Guru Maneyo Granth Gurdwara

Notes to the Statement of Cash Flows for the Year Ended 31 July 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
31.7.25 31.7.24
£ £
Net income for the reporting period (as perthe the Statement
of Financial Activities) 572,703 183,985
Adjustments for:
Depreciation charges
Interest paid
(Increase)/decrease in debtors
(Decrease)/increase in creditors		 313,964
207,156
(6,328)
(22,124)		 369,154
285,032
1,694
24,610
Net cash provided by operations 1,065,371 864,475
as ANALYSIS OF CHANGES IN NET DEBT
At 1.8.24 Cashflow At 31.7.25
E £ £
Net cash
Cash at bank and in hand 946,628 478,661 1,425,289
946,628 478,661 1,425,289
Debt
Debts falling due within 1 year
Debts falling due after 1 year		 (249,540)
(2,888,693)		 (10,053)
269,645		 (259,593)
(2,619,048)
(3,138,233) 259,592 (2,878,641)
Total (2,191,605) 738,253 (1,453,352)

The notes form part of these financial statements

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Guru Maneyo Granth Gurdwara Notes to the Financial Statements. for the Year Ended 31 July 2025 1. ACCOUNTING POLICIES Basis of preparing the financial statements a 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 initially stated at cost and subsequently 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 - 2% straight line basis

Plant and Machinery - 15% straight line basis

No depreciation is charged on freehold land.

Taxation

The charity is exempt from corporation tax on its charitable activities.

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Guru Maneyo Granth Gurdwara Notes to the Financial Statements - continued. for the Year Ended 31 July 2025

  1. 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 ‘Other 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

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.

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Guru Maneyo Granth Gurdwara
Notes to the Financial Statements - continued
for the Year Ended 31 July 2025
1, | ACCOUNTING POLICIES - continued
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.
2. 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.
----- End of picture text -----

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.

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Guru Maneyo Granth[Gurdwara]

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Guru Maneyo Granth[Gurdwara] Guru Maneyo Granth[Gurdwara]
Notes
to theFinancialStatements -continued.
forthe Year Ended 31 July 2025
3. DONATIONS AND LEGACIES 31.7.25 31.7.24
£ £
Donations
Gift aid		 1,351,368
56,003		 1167,366
75,097
1,407,371 1,242,463
4. OTHER TRADING ACTIVITIES 31.7.25 31.7.24
£ £
Rental income 189,333 176,298
Grants 10,000 *
School fees 143,055 -
342,388 176,298
5. OTHER INCOME
31.7.25 31.7.24
£ £
Bank interest 20,124 32,239
6. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs
£		 note 7)
£		 Totals
£
Repairs and maintenance
Water		 61,012
8,585		 -
-		 61,012
8,585
Light and heat 58,909 - 58,909
Insurance 70,816 - 70,816
Telephone 6,797 - 6,797
Office expenses
Bankcharges		 7,672
1716		 -
-		 7,672
1716
Depreciation
Bank loan interest		 313,964
207,156		 -
-		 313,964
207,156
Food and materials 180,042 - 180,042
Donation
Marketing
Sundries
IT equipment		 40,000
8,752
13,242
11,785		 -
-
-
-		 40,000
8,752
13,242
11,785
Audit fees - 8,000 8,000
Legal and Professional fees 79,193 - 79,193
Exhibition and event 61,346 - 61,346
Wages 58,193 - 58,193
1,189,180 8,000 1,197,180

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Guru Maneyo GranthGurdwara

Notes to the Financial Statements - for continued the Year Ended 31 July 2025

7. SUPPORT COSTS
Governance
costs
£
Audit fees 8,000
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated aftercharging/(crediting):
31.7.25 31.7.24
£ £
Auditors' remuneration 8,000 8,000
Depreciation-ownedassets 313,964 369,155

9. | TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

  1. STAFF COSTS
31.7.25 31.7.24
£ £
Wages and salaries 52,654 -
Social security costs 5,539 -
58,193 -
The average monthly number ofemployees during the yearwas as follows:
31.7.25 31.7.24
School employees 2 -
No employees received emoluments in excess of£60,000.
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Guru Maneyo Granth Gurdwara

Notes to the Financial Statements - continued. for the Year Ended31 July 2025

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£		 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£		 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£		 Total
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies		 1,242,463 - 1,242,463
Othertrading activities
Otherincome		 176,298
32,239		 -
-		 176,298
32,239
Total 1,451,000 - 1,451,000
EXPENDITURE ON
Charitable activities
Repairs and maintenance
Water
Light and heat
Insurance		 113,585
8,278
97,328
59,703		 -
-
-
-		 113,585
8,278
97,328
59,703
Telephone 6,476 - 6,476
Office expenses 8,039 - 8,039
Bank charges 1,246 - 1,246
Depreciation
Bank loan interest		 18,960
285,032		 350,194
-		 369,154
285,032
Food and materials 121,688 - 121,688
Marketing
Sundries
Audit fees		 10,913
9,281
8,000		 -
-
-		 10,913
9,281
8,000
Legal and Professional fees 39,730 3,480 43,210
Exhibition and event 125,082 - 125,082
Total 913,341 353,674 1,267,015
NETINCOME/(EXPENDITURE) 537,659 (353,674) 183,985
Transfers between funds (851,416) 851,416 -
Netmovement in funds (313,757) 497,742 183,985
RECONCILIATION OF FUNDS
Total funds brought forward 1,184,470 10,179,456 11,363,926
TOTAL FUNDS CARRIED
FORWARD 870,713 10,677,198 11,547,911

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Guru Maneyo Granth Gurdwara forNotestheto YeartheFi E n dedancial31 July 2025Statements - continued

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 Audio/Visual. The contribution of the volunteers cannot be quantified so is not included in the accounts.

  1. TANGIBLE FIXED ASSETS
TANGIBLE FIXED ASSETSASSETS
Freehold
property
£		 Plant and
machinery
£		 Motor
vehicles
£		 Totals
£
COST
At 1 August 2024
Additions		 16,082,262
:		 469,455
19,487		 -
100,475		 16,551,717
119,962
At 31 July 2025 16,082,262 488,942 100,475 16,671,679
DEPRECIATION
At 1 August 2024
Charge foryear		 2,263,351
285,205		 415,446
12,013		 -
16,746		 2,678,797
313,964
At 31 July 2025 2,548,556 427,459 16,746 2,992,761
NETBOOKVALUE
At 31 July 2025		 13,533,706 61,483 83,729 13,678,918
a fscroconemrcracosoernneviomaasamaano tr ————— ——SS=z=z=
At 31 July 2024 13,818,911 54,009 - 13,872,920
———_ —== frmenctesnsancssnonneneennseennowin —_

The freehold property above includes the value of the land £2,569,113 (2024: £2,569, 113). The freehold property constitute of three properties which includes two Gurdwara and an independent school.

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  1. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.25 31.7.24
£ £
Other debtors 6,300 3,762
Prepayments 35,848 32,058
42,148 35,820

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Guru Maneyo Granth Gurdwara

Notes to the Financial Statements for[the][Year] Ended[31][July] 2025 - continued.

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||||||||| |---|---|---|---|---|---|---|---| |15.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|31.7.25|31.7.24| |£|£| |Bank loans|and|overdrafts|(see|note|17)|259,593|249,540| |Trade|creditors|47,184|58,093| |Social|security|and|other|taxes|1,462|.| |VAT|4,570|2,419| |Other|creditors|12,606|17,110| |Net wages|1,311|-| |Accruals|and|deferred|income|79,967|91,602| |406,693|418,764|

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Accruals and deferred income includes £28,500 (2024 : £29,417) in relation to rental income.

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|||||||||| |---|---|---|---|---|---|---|---|---| |16.|CREDITORS:|AMOUNTS|FALLING|DUE AFTER|MORE THAN|ONE YEAR| |31.7.25|31.7.24| |£|£| |Bank|loans|(see|note|17)|2,619,048|2,888,693| |17.|LOANS| |An|analysis|of the|maturity|of|loans|is|given|below:| |31.7.25|31.7.24| |£|£| |Amounts|falling|due|within|one|year on|demand:| |Bank|loans|259,593|249,540| |Amounts|falling|due|between|two|and|five|years:| |Bank|loans|-|2-5|years|1,038,370|998,159| |Amounts|falling|due|in|more|than|five|years:| |Repayable|by|instalments:| |Bank|loans|more5|yr by|instal|1,580,678|1,890,534|

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Guru Maneyo GranthGurdwara

Notes to the Financial Statements - continued for the Year Ended 34 July 2025

18. SECURED DEBTS

The following secured debts are included within creditors:

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|||| |---|---|---| |31.7.25|31.7.24| |£|£| |Bank loans|2,878,641|— 3,138,233|

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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 £2,878,641 (2024: £3,138,233) 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

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|||||||| |---|---|---|---|---|---|---| |Net|Transfers| |movement|between| |At|1.8.24|in|funds|funds|At|31.7.25| |£|£|£|£| |Unrestricted|funds| |General|fund|870,713|856,007|(218,546)|1,508,174| |Restricted|funds| |Restricted|10,677,198|(283,304)|218,546|10,612,440| |TOTAL|FUNDS|11,547,911|572,703|-|12,120,614|

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Net movement in funds, included in the above are as follows:

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|||||| |---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|1,616,828|(760,821)|856,007| |Restricted|funds| |Restricted|153,055|(436,359)|(283,304)| |TOTAL|FUNDS|1,769,883|(1,197,180)|572,703|

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Guru Maneyo Granth Gurdwara

Notes to the Financial Statements - continued. for the Year Ended 31 July 2025

  1. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Net|Transfers| |movement|between| |At|1.8.23|in|funds|funds|At|31.7.24| |£|£|£|£| |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| |Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|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|

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A current year 12 months and prior year 12 months combined position is as follows:

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||||||| |---|---|---|---|---|---| |Net|Transfers| |movement|between| |At|1.8.23|in|funds|funds|At31.7.25| |£|£|£|£| |Unrestricted|funds| |General|fund|1,184,470|1,393,666|(1,069,962)|1,508,174| |Restricted|funds| |Restricted|10,179,456|(636,978)|1,069,962|10,612,440| |TOTAL FUNDS|11,363,926|756,688|-|12,120,614|

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Guru Maneyo Granth Gurdwara

Notes to the Financial Statements - continued for the Year Ended 31 July 2025

  1. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

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|||||| |---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |Unrestricted|funds|£|£|E| |General|fund|3,087,828|(1,674,162)|1,393,666| |Restricted|funds| |Restricted|183,055|(790,083)|(656,875)| |TOTAL FUNDS|3,220,883|(2,464,195)|756,688|

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  1. RELATED PARTY DISCLOSURES

During the year, the charity received donations of £76,325 (2024: £49,680) from the trustees.

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During the year, the Charity made a donation of £40,000 (2024: £nil) to Without Shape Without Form, a registered charity in which Guru Maneyo Granth Gurdwara has a controlling interest.

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