Charity number: 1117537 Gurdwara Baba Sang JI Trust Report of the Trustees and Unaudlted Flnanclal Ststements For the year ended 31 December 2024
Gurdwara Baba Sang Ji Trust Contents Page For the year ended 31 December 2024 Report of the Trustees Independent Examinerfs Report to the Tnjslees Slalemenl of Financial Activities Stalement ol Flnan¢ial P05ilion Noles10 the Financial Siatemenls 91015 6. 04i¢V
Gurdwara Baba Sang JI Trust t<eport OT the i-rusiees For the year ended 31 December 2024 The Trustees have pleasure in presenting their report and Ihe financial statements for the charity for the year ended 31 December 2024. The Tluslees have adopted the provisions ol Accounting and Reportlng by Charities.. Slalernenl of vr applicable in the UK and the Republic of Ireland IFRS 102) (effeclive 1 January 2019). 0ECTIVEs AND ACTMTIES The charitys objectives are lo advance Ihe Sikh religion In Ihe Smelhwick and surrounding area in accordance with the teaching and tenets of Sri Gunj Granlh Sahib Ji including Ihe celebration of Sikh relvJious felivals: cnndurl and rè.al.(#11On of rrkqrriAaPS And Ihe Adv#nr(mgnt nf QrflicliOn in the Sikh rg.liaion for th benefil of the local Sikh Community. S!anAaer¢ The policies adopted in furtherance ol these objectives are Ihe Pfovision of a place of worship- Gurdwara and Iher8 has been no change in these during Ihe year. The Élms of the charity 1$ to provide a place lor the provision of public rituals and ceremonies for the benefit ol The objecllvtr for the year is lo provide a place of worship including provision of wedding cerenv)nie$ lor the local Sikh community. To ensure Ihal the Guf(Nvara is run in ac¢ordan¢e wlh the wi$hps of the congregation. The Charity ral8e$ enough monay lo be 8ble lo finance the runnlng costs of the Gur4fvAfd and rnakes special appeals lo the congregation lo raise additional funds for any specific projeds. Additional funds are b•ing raised from the congregation lo fund the complelion of exlension lo Gurthvara (new build) lo meet the increasing needs of the rrEmbers. The criteria to assess success is the smoolh opefallon of Ihe acliMII8s at the GurthAra to the satisfaction of the congregation and local Sikh community. The trustee have paid due regard lo guidance issued by the Charity Corrnii$$ion in deciding wthat a¢tivilies The Gurthrdra carried out the following a¢ti¥Aties during Ihe year The Guthara relles he8vity on the use of volunteers from the ¢offrfmunity. Orbe of the Sikh religion's basic praclise Is 'Eewa" free service for the communlty and serving mankind. The tNstee$ hav8 con$idertd the Charity Commlsion's guidance on public benefft, including Ihe guidance 'publi¢ benèfit.. Tunning a ¢hArity {P82)'. ACHIEVEMENTS AND PERFORMANCE The Charity is fulfilling irs main objedive of pmviding a place ofworship, provision of wadding ¢eremonle8 and celebration of Sikh TBI, JC$4S festivaL8 for th¢ local Sikh community •aSfaCtOrity. 1 ofA<
Gurdwara Baba Sang Ji Trust eport oi ine i rusiees boniinuea For the year ended 31 December 2024 FINANCIAL REVIEW The Gurdwara is funded by donalions and gffts from the congregation as well as income rais8d Irom rryIng Lliit rit1141 C&fgmnniRq The Charity is operating salisfaclorily and has surplus funds to enable il io expand the seNces being offered from Ihe Gurdwara. 11 is the policy of th8 charity Ihal unreslricted funds 1c hava not been d85ign81ed for a 3p6cific use ghould be maintained al a level equivalenl lo behveen three and six month's expendilure. The Istee considers Ihal reseNes al this level wll ensure that. in the event of a signifieanl drop in funding, they wll ba able lo conlinue Ihe charitys current aclivilies lthile consideralion is given lo ways In which addilional funds may be raised. Thisltsvel of reserves has been maintained throughout the year. The principal sources of income is tho dongllons frDm the local congregalion and incoma raised from carying out of ritual ceremonies. The Iruslee has assessed the major risks to lch the charity is expose¢J, and are satisfied that Systems ar8 in place to mitlgattr exposure to thè major risks. The charity is looking lo improve on the $ervi¢e5 prowded from thè Gurdwara. The tntslees havè ¢ommis$ioned drawng of lans lo increase the size of thg Guthara to crealo fa¢[lie$ for toilets, kit¢hen Since the lasl years lo¢kdoYm The Gur¢)knra'$ lumover and profil has ¢0¥ered but still below the pre-cowd levels. The constru¢lion has been slovéd down due lo impaci of Covid-19 and the shorlage of materials, however, The TN$lee$ are confident th81 Gurdwara wll progress toward completign ol Ihg project by the end of Junfj 2023. The Gurdwara ha$ sufficient assels lo Cover Ihe short and long tenn liabililigs. STRUCTURE, GOVERNANCE ANO MANAGEMENT Gevemlng doGument The charity 1$ a unincorporaled charity registered wlh Th& Charity Comnisslon of England and Wales on Ihe 1 Oth January 2007 vAlh charity number1117537. The Charity is govemed by The S¢heme know) as Guthara 8aba Sang Ji Trust al 7-9 Sl Pauls Rd, Smelhwck. Bilghaffl B66 1 EE issued by The Charity Commissioners for England and Wales under Ihe power given in Ihg Charities Acl1993 dated 27th November 2006 8s amended by scheme dated 22nd Oclober 2015. The title ofthe freehold premises Ss r8gislored In the nam8$ of lil S Dhesi, Gian S Grewal, Jaswanl S Bhao and Mohinder Singh the irustees of Ihg Charity knovffl as Gurdvrdra Baba Sano JI Tnjsl. Thtsse are Ihe property holding trnslees. Under the baslc prindpal of Slkhl8m Ihe premlses arn open to all th th8 re8trfcllon that no alcohol or dNgs are allowed on the premises. 20115
Gunlwara Baba Sang JI Trust <eport OT ine .1 rustees bontinuea For the year ended 31 December 2024 ReGrultment and appolntment of trustees The truslees are appointed afler wider consullaiion in the Sikh Communlty. The prnIses are run by the community for Ihe benefit of the community under the control of the Iruslee. An election is conducted under Ihe supervision of an independent body Overy years to a16cl a managem8nl committee. Dacisiong Ar& made by ihe manag&menl committee afler consullalion yth th8 congregation. The ttuslees are encouraged lo attend Irain5ng courses lo a¢cuslDm themselves wlh lh6 dulles and responsivilies of being appointed a Irustee. The Gurthrg works wlh Ihe Counal ol Sikh Gurdwdras in San¢h¥ell & eirmingham 10 organise f891ival of Nagar Kirtan yoarty. The Guthara does not have any related parties. REFERENCE AND ADMINISTRATIVE INFORMATION Name ofcharfty Chadty reglstrdtlon number Prfnclpal address Gurthv8ra 88ba Sang Ji Tnjsl 1117537 7-9 St Paul's Rd Smelnwck Wesl Midland$ B861EE Trust¢0s The trustees and officers servina dunno the v8ar and since the vear and were as follows.. Mr Onkar Singh (Appoinled.. 27 April 2025) Mr Amandeep Singh Dhesi (Appointed.. 27 April 2025) 1yiI 0113 ylii¥ii (Appolnled.. 27 April 2025) MrGumam Singh {Appoinled: 27 April 20251 MrAmrik Sinoh Dh8si (Appoinied.. 27 Apni 2iidi) Mr Bhagal Singh (Appoinleij.. 27 Aprfl 20251 Mr Jeet Slngh IApFointed'. 27 Aprfl 20251 Mr Nimai Singn (Appointed.. 27 Apdl 20251 Mr Ramesh Pal Singh IAppoinl•d.- 27 April 2025) Mr Su¢ha Singh IAppoin(ed.. 21 Aplli 2u25) Mr Mohan Singh (Appointed.. 27 April 20251 Mr Apinderpal Singh (Re31gned.' 27 April 2025) Mr 8aljindor Singh 3of15
Gurdwara Baba Sang JI Trust eport oi tne I rustees Lontinuea For the year ended 31 December 2024 (Reslgned. 27 April 20251 Mr Oevinder Sinoh INesi9ntsa.' 21 Apnl 2U2>) Mr Kirpal Singh Alh%rdl {Resigned.' 27 Apnl 20251 Mr Raghver Singh (Resigned.. 27 April 2025) Mr iBtnam bingh (Resigned.. 27 April 2025) Mr T818 Singh Sandhu (Resigned: 27 April 2025) Mrs Baljil Kaur INesigned-. 11 Apnl 2L)2J) Mrs Daljil Kaur Bains (Rrsigned. 27 April 202S) Secfetsry Mr Bhagal Singh Iniependent examlngr Trlunammaa Mswdnl Mibsons Lirniled Chartered Certified Accaunlanls S1 Coopers Road Handsworth Bimingham B2U 2JU Approved by Ihe Bourd of Trus&eQS and signed on its bohalf by 29 August 2025
Gurdwara Baba Sang Ji Trust inaepenaeni Èxaminers tr(eport to tno .1 rustees For the year ended 31 Oocember 2024 I report to Ihe Injslees on my examination of the accounis of the chaftty lor Ihe year ended 31 December 2024. Responslblllties and ba¥ls ol report As Ihe charity trustees, you are responsible for Ihe preparalion of the accounts in accordance wlh Ihe requifemenls of the Chariliets A¢1 20111'11)e 2011 AGI'I. I report in respect ol my examinabon of the charity's accoun15 camed out under seclion 145of lh8 2011 kt and In carrying the A. Independpnt exgminprn stAtement Since Ihe Charity's gross Income excoeded £250.000, your examiner musl be a member of a bool listed in seckn'on 145 of Ihe 2011 Act. I confim Ihal l am qualified lo undertake the 8xarninallon by rtu6 of my membershlp of . %thi¢h Is one of Ihe lislArt htylip I have completed nw examirtalion. I confimi thal no mailers have coTh lo my attention in connedion wilh the examination giving me cause lo believe that in arty malenal respe¢t'. 1. aKounling rg¢ord5 wore nol kepl in respeGi of the Charity as required by sedK)n 130 of the 2011 A¢l'. or 2. the aceounls do nol accord wlh those re¢ords', or 3. the ac¢ounls do nol Comply wlh Ihe applicable requir8nnls Concerning Ihe form and ¢onlenl of ac¢ounls sel out in the Charities IA¢¢ounls and Reports) Regulations 2008 olher than any requirement Ihal Ihe accounls give a'lnje and fair vievl vthich is not a maller considered as part of an independent examination. I have no concem5 and have Come a¢ross no oiher mallers in conne¢ton wu) th¢ exanvnation lo whlch allenlion should be drawn in this report in order lo enable a Pffoper underslanding of the accounls lo be reached. Muhammad AS1 FCCA Mibsons Lirniled Chartered Certified Accounlanls 51 Coopers Road Handswr)rth 0d Birmingham 820 2JU 29 Augu$l 2025 5of15
Gurdwara Baba Sang Ji Trust btaiemeni oi Financial Activities For the year ended 31 December 2024 Notes Unrestrlcted funds 2023 Income and endowments from: Donalions and legacies Total 771.675 578.264 771.675 578,264 Expendlturè on: Place ol worship- Gurthara Tolal (487,9651 1487,9651 [379,5991 1379,5991 N@t Income 283,710 198,665 Reconclliatlon of funds Total funds brought fomard Total fund$ carried foThY4rd 2,009.540 2,293.250 1,810,875 2,009,540 60115
Gurdwara Baba Sang Ji Trust t'itaiement OT kinanciai vosiiion As at 31 December 2024 Notes 2024 2023 Fixeo assets Tangible assets 10 2,708,646 2,708,646 2,532,690 2,532,690 Current assets Debtors basn ai Dank an(1 in nana 20 155,853 125,2311 96.827 162,331) Credltors: amounts falllng due withln one year 11 Net current assets 130,622 2.839,268 1546,0181 2.293,250 34,496 2,567.186 1557.6461 2,009.540 Total as$et$ less current Ilabllltles Cr¢dilors: amounls falllng duè after moro than one year 12 Net asse1$ Thelund$ ofthe Chadty Unreslricied incom¢ funds 13 2,293,250 2,1109,540 ? 4An The financial stalemenls were approved and aulhorised lor issue by the Bcard ind signed on ils behalf by.. Mr Gufflam Sin9h Tfustee 29 August 2025 7of15
Gurdwara Baba Sang Ji Trust fvoies to tiie Financial Siaiemen For the year ended 31 December 2024 1. Accountlng Pollcles Basls of accountlng I ne iinanciai slemen1$ nave Deen Pfeparea unaer ine nisioricai cosi conveniion, excew Tor invesment5 wriicn are included at market Value and the revaluation ol certain fixed ass81s and in accordanc8 wilh th8 Charities SORP IFRS 102) 'Accounting and Reporting by Charities.. Stslemenl ol ReMmended Praclice applicable lo eharilies pparing their aecounii in accordancÉ with Ihe financial Pieporting Siandard applicable in tha b'li and Republic of Irvland {rRs 1021 (effe¢live 1 January 2019}', Fifianclal Reporling Standard 102 the Financial Reporling Slandard applicable in the UK and Republic of Ireland {FRS 1021, and Ihe Charities Acl 2011. Gurdvrdra Baba Sang Ji Trust meets the d8finillon of a public benofil entity under FRS 102. Assels and liabilities are ini11811y recognised at historical cosl or Ifansaclion value unless olhemse slaled in the relevant accounling policy nole(s). Going concem Al the time of approvin9 the flnan¢lal slatemenls, the Iruslee have a reasonable expectation that Ihe charifv has adeouale resourcas to conttnuè in ooeralional axistance lor the forèseeable futurè. Thus the Iruslee conlinue lo adopl the going concem basis of a¢¢ounlin9 in ppering Ihe financial slalemenls. Funds Unreslricied funds are available lor use al the dis¢rellon of the Iruslees in furtherance of the general obje¢bves ol the charity, and vmlch have not been deslgnaled for olher purposes. Designated funds mprise unrestricted lund5 that have been sel asidè by the Injslees for particular purFQS¢S. Restricted funds a those which are lo be used as per spacific $triCtl0nS imposèd by don015 or vthich have been raised by the charity for particvlar PuOse$. The cosl of raising and adminislering such hjnds are charged against the specific fvnd. Incoming resource$ iii¢oiiie is recogiiiseu wri¥ii li)il Lnaiiiy is iegaiiy ¥llTiiieri iu li aiier dny perrorTri¥nc¥ Goiiiiiiioiis ridve D¥eii mel, the amounls can be measured reliably. and il is pmbable that income wi51 be re¢eived. Cash donaiions are ra¢ognised on racaipl. Olher donhlioThs are recogalsed On the charity has been nolified of the donation, unless p8rfonnan¢e condilions require deferral ol Ihe amount. Income lax recovorable in relation lo donations received under Gift Aid Of d&eds ol covenanl 1$ r8cognisod al the me nf lh• AnnAtinn Resources expondgd The cb.2rity has only a fevi relevant 8ctivity C81egories on which resources are expended and as such the sis betsveen the different categories are easily allocated wlhoul Ihe use of any method ol apportiofiment. Taxallon The in¢omel9ains have been appllod lor charilable purpos86 only and as 8 result Sedion 505 ICTA 1988 provides for the exompll¢n of e.hArity's IntmP. from diroel laxalion 80115
Gurdwara Baba Sang Ji Trust fvoies to ine Financial S'taiements Coniinuea For the year ended 31 Decernber 2024 Tanglble flxed assets Tangible fixed assels, oiher Ihan freehold land. are staled al cost or valuation less deprecialion and any prnvision lor jrnnajmp. nl llpnrKaV.i#lit?n Sp nroiriflAfl at rg1*%< rAlrJJIMIrl In wilp nfl lh# rnql nr vAlJialinn nf fiyprf A<<pF< Ip<q thpir estimated residual value. over Iheir expected useful Iiv&s on the lollowng basi$, Land and buildings See note below Fixtures, fittings & equipment 150fi slralght line Motor vehicles 20% Slraight linfj The gain or loss arising on Ihe disposal cl an assel is delemined as Ihe difference befvleen the salt proctseds and Ihe canying value of lh8 a$sel, and is recognis¢d in nel incomellexpondilurel for the year. No Depreciation. No deprecialion is provided in re$pe¢l of Ife8hold land and buildings. The company has 8 policy of re9ular expecied lo suffer from e¢onomic or technological obsolescence and the eslimaled residual values are material. An impairmenl review is carried out annually on the tangible fed assets other than nondepreclable land), al the end ol each accouftling period, vtherN-.- no depreciation is charged as il is deemed immatèrial because of thelonglh of the remaining useful econornic life orwhere the eslimaled resldual value is nol markedty diffenI ffom Ihe carrylng gmounl,. or- Ihe langle fixed a5$81s esumaied usefiJl economi¢ life exceeds 50 years. Capltal Gommltm•nts Al 31 Oecember 2023 the Charity had ¢apilal ¢omfftimenls as follows.. The Gurdwara is undergoing a major onovaiion and developmenl project vthich has ongoing eawlal ¢ornrNtmenl, the liability ofthich is detemwned as Ihe prnjoct progres3. 2. Incone from donatlons and legacles 2024 2023 UnTestrfcted lund5 Donati0ft5 r¢¢eived Gifts in kind 647,098 124,577 498,748 79.516 771.675 578,264 gof15
Gurdwara Baba Sang Ji Trust -otes to the Financial S'iaiements Coniinuea For the year ended 31 December 2024 3. Costs of charitable activltiès by fund type 2024 2023 Unrestrlcted lunds Place of worshlp - Gurdwarn Direct Cost biaTt costs - wages salaries Depreciation - owntrd assets Donations 13,546 1,62D 90,847 13,569 Groceries and olher food 82,981 K•70 Heat and lighting Motor expenses PTrachers ¢o$ls 83,609 3,300 183,286 22,386 67,299 2,533 158,695 2,202 Prinlin9, cleaning and Rales and water Repairs and renewals Sundry expenses Telephone 4.527 24.824 1,162 619 8,531 19,a27 500 482 Loan inlerest Courier services Travel expense 28,212 35 12.657 204 2,855 482,651 2,478 376,959 Support costs Placè ol worshlp - Gurdwara Govemance costs Accountsnw fees 700 700 e4¢ d 44A 1.4A Independent examlners le¢ 500 soo 5,314 2,640 487,965 379,599 100115
Gurdwara Baba Sang Ji Trust Notes 10 tne Financial s'tatemen Coniinuea For the year ended 31 December 2024 Costs of charllable actlvities by actlvlty type 2024 2023 Actlvities undertaken dlrectly Place of worshlp - Gu1.ra Staff costs- wages & salanes 15,107 ArcounianLry lees Other oKice cosls 17,660 500 15,(109 500 Independent examiners fee Donations Groceri8s and other food 1,620 90.847 b,-IU1 83,609 3.30n 82,981 b.£19 67,299 2,533 158,695 2,202 Buildings Insurance Htral and Sighting olor 8xoensès 183,286 22,366 Prea¢hers costs Printing, cleaning and 4.527 24.824 1,162 619 8,531 19.527 500 482 Rates and waler Repairs and nealS Sundry expense$ Telephone *J 28.212 35 12.657 204 Loan interest Courier servkes Travel expènse 2,855 487,965 2.478 379.599 487.965 379,S99 S. Analysls of support costs 2024 2023 Govemance ¢osls 5,314 2.640 11 of15
Gurdwara Baba Sang JI Trust Notes to Irio Financial S"tatem8nts Coniinuea For the year ended 31 December 2024 6. Net incomellexpendlturel for the year Thls 15 51ated after charginw(¢redltingl'. Oepre¢ialion of owned fixed asse15 Accountancy fee5 13,546 700 13,569 700 7. Staff costg and emolumenie 2024 2023 .Admin slgfl 9. Comparatlve for the Statement ol Flnan¢lal A¢tlvltlgS The comparalive year valu¢$ on Iho Slalem¢nl of Financial Aclivilès are for unreslricled funds, 10. Tanglble fixed assels Lond and Bulldlngs Motor Vehlcl¢$ Flxture5 and Flttings Cost or valuatlon Total Al 01 January 2024 Additinns 2,445,677 ?nB 671 33,840 173.265 ?n 4.1? 2,652.582 ??7 109 Disposals Al 31 Decembef 2024 137.600} 2,614,748 137,600) 2,842,085 33.640 193.697 Depreclatlon Al 01 January 2024 Charge for year Al 31 December 2024 Net tsoorf values 29,533 90,359 119,892 822 12.725 103.084 13,547 133,439 30,355 Al 31 December 2024 2,814,748 3,285 90.613 2,708,646 AI 31 DBcember 2023 2.44S.677 4,107 82,906 2,532.690 12of15
Gurdwara Baba Sang JI Trust oies to iiie Financial S'taiements Coniinued For the year ended 31 December 2024 11. Credltors: amoufits falllng due vathln one year 2024 2023 Trade cdItorS Other creditors Accruals and deferred income 23,531 500 61,131 f,200 1,200 25,231 62.331 12. Credltors: amounts falllng due after more than one year 2024 2023 Loans and overdrafts Other ¢rgdilor$ 456.018 90,000 467,646 90,000 $46.018 557,646 The following liabililies disclosed under credilors lalling due aner more than one year are $8eured by the charily-. Bank loans and overdrafts 456,018 467.646 456,018 467,646 13. Movement in funds Unrestrlclod Fund$ Incorfiifig resou0¥ vuiyi?Iiiy 0110112024 sources 3111W2024 General General 2,009,540 771,675 1487,9651 2,293,250 2,009,540 771.675 1487,9651 2.293,2SO Unreslrl¢tod Funds- Prevlou5 y•ar Balance at Incomlng Outgolng Balance at Generel General 1,810,875 578,284 {379.5991 2,009,540 1.810,875 578,264 1379,5991 2.009,540 130115
Gurdwara Baba Sang Ji Trust Notes to the Financial Statements Continuea For the year ended 31 December 2024 f4. Analysls of net assets beten funds Tangible Not current Creditors > Net Assets +¢ I UnTV?tricted funds General riiTiOi 2,708,646 130,622 1546,0181 2,293,250 l¥evlous year Tanglble Net current Credliors > Not A$8ets UnTPStricied Tunds General 4)èfivfai 2.532.690 34,496 1557,6461 2,Q09,540 14of