| Report ofthe Trustees | 1 to 4 |
|---|---|
| Independent Examiner's Report to the Trustees |
|
| Statement of Financial Activities |
|
| Statement of Financial Position |
|
| Notes to the Financial Statements | 8 to 13 |
| Detailed Statement of Financial Activities |
14 |
| REFERENCE AND | ADMINISTRATIVE | INFORMATION | |
|---|---|---|---|
| Name of Charity | Gurdwara | Baba Sang Ji Trust | |
| Charity registration | number | 1117537 | |
| Principal address | 7-9St Paul's Rd | ||
| Smethwick | |||
| West Midlands | |||
| B661EE |
| Notes | Unrestricted | 2020 | ||||
|---|---|---|---|---|---|---|
| funds | ||||||
| 6 | ||||||
| Income and endowments | from: | |||||
| Donations | and legacies | 276,723 | 160,848 | |||
| Total | 276,723 | 160,848 | ||||
| Expenditure | on: | |||||
| Charitable | activities | |||||
| Place of | worship | - Gurdwara | (116,218) | (112,178) | ||
| Total | (116,218) | (112,178) | ||||
| Net income | 160,505 | 48,670 | ||||
| Reconciliation offunds |
||||||
| Total funds | brought | forward | 1,492,443 | 1,443,773 | ||
| Total funds | carried | forward | 1,652,948 | 1,492,443 |
As at 31 Decembe |
r 2021 | ||||
|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||
| F | |||||
| Fixed assets | |||||
| Tangible assets | 1,821,239 | 1,346,696 | |||
| 1,821,239 | 1,346,696 | ||||
| Current assets | |||||
| Debtors | 10 | 498 | |||
| Cash at bank and | in hand | 370,300 | 147,240 | ||
| 370,300 | 147,738 | ||||
| Creditors: amounts | falling due within one year | (38,591) | (1,991) | ||
| Net current assets | 331,709 | 145,747 | |||
| Total assets less current | liabilities | 2,152,948 | 1,492,443 | ||
| Creditors: amounts | falling due after more than one year | 12 | (500,000) | ||
| Net assets | 1,652,948 | 1,492,443 | |||
| The funds ofthe charity | |||||
| Unrestricted income funds |
13 | 1,652,948 | 1,492,443 | ||
| Total funds | 1,652,948 | 1,492,443 |
| Costs ofcharitable |
act | ivit | ies by activity type | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6 | |||||
| Activities undertaken |
directly | ||||
| Place ofworship -Gurdwara |
|||||
| Accountancy fees | 700 | 900 | |||
| Depreciation - owned assets |
7,632 | 7,257 | |||
| Independent examiners |
fee | 500 | 500 | ||
| Donations | 4,100 | ||||
| Groceries and other | food | 18,463 | 16,357 | ||
| Buildings insurance |
2,736 | 1,104 | |||
| Lesson costs | 1,118 | ||||
| Heat and lighting | 13,114 | 14,533 | |||
| Motor expenses | 2,743 | 2,420 | |||
| Nagar kirtan costs | 1,771 | ||||
| Preachers costs | 51,414 | 42,525 | |||
| Printing, cleaning |
and | 1,125 | 7,516 | ||
| advertising | |||||
| Rates and water | 2,472 | 4,909 | |||
| Repairs and renewals | 9,692 | 6,239 | |||
| Sundry expenses | 1,150 | 334 | |||
| Telephone | 662 | 595 | |||
| Bank charges | 275 | ||||
| Loan interest | 3,500 | ||||
| 116,2'I 8 | 112,178 | ||||
| 116,218 | 112,178 |
| Net income/(e | xpenditure) for the year |
||
|---|---|---|---|
| This is stated | after charging/(crediting): | ||
| 2021 | 2020 | ||
| f | |||
| Depreciation | of owned fixed assets | 7,632 | 7,257 |
| Accountancy | fees | 700 | 900 |
| Land and | Motor | Fixtures and | ||
|---|---|---|---|---|
| Cost or valuation | Buildingsf | Vehiclesf | Fittingsf | Total |
| At 01 January 2021 | 1,296,850 | 33,640 | 105,668 | 1,436,158 |
| Additions | 479,675 | 2,500 | 482,175 | |
| At 31 December 2021 | 1,776,525 | 33,640 | 108,168 | 1,918,333 |
| Depreciation | ||||
| At 01 January 2021 | 24,143 | 65,319 | 89,462 | |
| Charge for year | 3,080 | 4,552 | 7,632 | |
| At 31 December 2021 | 27,223 | 69,871 | 97,094 | |
| Net book values | ||||
| At 31 December 2021 | 1,776,525 | 6,417 | 38,297 | 1,821,239 |
| At 31 December 2020 | 1,296,850 | 9,497 | 40,349 | 1,346,696 |
| 10.Debtors | ||||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Amounts due |
within | one year: | ||||
| Prepayments | and accrued income | 498 | ||||
| 498 | ||||||
| 11.Creditors: amounts | falling due | within one year | ||||
| 2021 f |
2020f | |||||
| Trade creditors | 37,391 | 591 | ||||
| Accruals and deferred | income | 1,200 | 1,400 | |||
| 38,591 | 1,991 | |||||
| 12.Creditors: amounts | falling due | after more than one year | ||||
| 2021 | 2020 | |||||
| f | f | |||||
| Loans and overdrafts | 500,000 | |||||
| 500,000 | ||||||
| The following liabilities |
disclosed | under creditors | falling due after more than one year are secured | by the charity: | ||
| Bank loans and overdrafts | 500,000 | |||||
| 500,000 |
| 13.Movement | in funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Funds | ||||
| Balance at | Incoming | Outgoing | Balance at | ||
| 01/01/2021 | resources | resources | 31/12/2021 | ||
| f | F | f | |||
| General | |||||
| General | 1,492,443 | 276,723 | (116,218) | 1,652,948 | |
| 1,492,443 | 276,723 | (116,218) | 1,652,948 |
| Unrestricted | Funds - Previous year | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | ||||
| 01/01/2020 | resources resources |
31/12/2020 | |||||
| f | f | ||||||
| General | |||||||
| General | 1,443,773 | 160,848 | (112,178) | 1,492,443 | |||
| 1,443,773 | 160,848 | (112,178) | 1,492,443 | ||||
| .Analysis of | net assets between funds | ||||||
| Tangible | Net current | Creditors | ) | Net Assets | |||
| fixed assets | assets / |
one year | |||||
| f | (liabilities) f |
F | f | ||||
| Unrestricted | funds | ||||||
| General | |||||||
| General | 1,821,239 | 331,709 | (500,000) | 1,652,948 | |||
| 1,821,239 | 331,709 | (500,000) | 1,652,948 | ||||
| Previous year | |||||||
| Tangible | Net current | Creditors | ) | Net Assets | |||
| fixed assets | assets / |
one year | |||||
| f | (liabilities) f |
f | f | ||||
| Unrestricted | funds | ||||||
| General | |||||||
| General | 1,346,696 | 145,747 | 1,492,443 | ||||
| 1,346,696 | 145,747 | 1,492,443 |