## SINGH SABHA GURDWARA
NORTH EAST LONDON REPORT AND ACCOUNTS
FOR THE PERIOD 1 MAY 2023 TO 31 MARCH 2024
BAILEY PHILLIPS Chartered Accountants Hatton House Church Lane Cheshunt Hertfordshire EN8 0DW
SINGH SABHA GURDWARA NORTH EAST LONDON
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2024
## REFERENCE AND ADMINISTRATION
Singh Sabha Gurdwara North East London, 144 Lea Bridge Road, Clapton, London E5 9RB, is registered with the Charity Commissioners (number 1118011) and constituted by Deed of Trust.
The association is administered by charity trustees comprising:
Mr Jagmohan Singh Mr Marhender Singh Rathour Mr Sukdhev Singh Mr Jaspal Singh Lohia
## STRUCTURE, GOVERNANCE AND MANAGEMENT
The association is constituted and governed by Deed of Trust and trustees are appointed or reappointed triennially at the Annual General Meeting.
## OBJECTIVES AND ACTIVITIES
The object of the association is the provision and maintainence of the Sikh religious and cultural centre in the London Borough of Hackney for the worship of Sikhism and the due performance of the rites of marriage and death according to the principles of the sikh religion together with doctrine of the Holy Shri Guru Granth Sahibji and the encouragement of Amrit Parchar (baptism) to become a Sikh.
## ACHIEVEMENTS AND PERFORMANCE
The main achievement of the association during the period was to continue its objectives.
## FINANCIAL REVIEW
The society only has unrestricted funds and there is no particular policy on reserves.
The trustees declare that they have approved the trustees' report above.
Signed on behalf of the association's trustees:
J Singh
15 February 2025
1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
SINGH SABHA GURDWARA NORTH EAST LONDON (CHARITY NO. 1118011)
I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the period ended 31 March 2024 set out on pages 3 and 4.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
K M Bailey Bailey Phillips Chartered Accountants Hatton House Church Lane Cheshunt Hertfordshire EN8 0DW
15 February 2025
2
## SINGH SABHA GURDWARA NORTH EAST LONDON
## RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2024
|UNRESTRICTED FUNDS
RECEIPTS
Membership fees
Donations
Gift Aid tax repayments
Loans
Bank interest
PAYMENTS
Donations
Hall hire
Safe deposit rent
Safe deposit refunbable security
Transport
Printing, postage and stationery
Insurance
Legal and professional fees
Building safety costs
Sikh Council membership fee
Web domain names
Accountancy fees
Loan repayments
Bank charge subsequently refunded
ASSET AND INVESTMENT PURCHASES
Additions to freehold property
TOTAL PAYMENTS
NET RECEIPTS/(PAYMENTS)
CASH FUNDS AT BEGINNING OF PERIOD
CASH FUNDS AT END OF PERIOD|2024
£
5,250
22,019
1,597
0
1,354
30,220
836
0
40
100
0
1,116
65
300
312
0
0
0
0
774
3,543
0
3,543
26,677
47,991
74,668|2023
£
20,750
16,462
7,545
33,250
0|
|---|---|---|
|||78,007|
|||816
240
0
0
60
396
0
2,400
185
75
261
1,800
33,001
0|
|||39,234|
|||0|
|||39,234|
|||38,773
9,218|
|||47,991|
3
## SINGH SABHA GURDWARA NORTH EAST LONDON
|STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2024
2024
£
UNRESTRICTED FUNDS
CASH FUNDS
Cash at bank - HSBC Bank plc
74,505
Cash at building society - Nationwide Building Society
163
Cash in hand
0
74,668
ASSETS RETAINED FOR THE CHARITY'S OWN USE
Freehold property at cost (144 Lea Bridge Road)
1,170,150
OTHER ASSETS
Safe deposit refunbable security
100
Bank charge subsequently refunded
773
873
LIABILITIES
Legal, professional and accountancy fees
1,800
London Borough of Hackney
51,907
Loans
33,250
86,957|2023
£
47,828
163
0|
|---|---|
||47,991|
||1,170,150|
||0
0|
||0|
||900
51,907
33,250|
||86,057|
The liability to the London Borough of Hackney is in respect of scaffolding erected to maintain the public safety of the freehold property but is contingent on the outcome of negotiations with the council.
These accounts were approved by the trustees on 15 February 2025 and signed on their behalf by:
J Singh Trustee
M S Rathour Trustee
S Singh Trustee
J S Lohia Trustee
4