Charity registration number: 1118356
LONDON SIKH CENTRE (EALING) TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Sagoo & Co.
London Sikh Centre (Ealing) Contents
| Page | |
|---|---|
| Trustees' Report | 1—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes to the Financial Statements | 7—11 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 12 |
London Sikh Centre (Ealing) Trustees' Report For The Year Ended 31 March 2025
The trustees present their report and the financial statements for the year ended 31 March 2025.
Objectives and Activities
Aims and Objectives
The charity is controlled by its governing document, a deed of Trust and constitutes an unincorporated charity
Significant Activities
The main activity is to serve the Sikh community for the purpose of worship by holding regular sikh congregations and provide the necessary facilities for the pupose of birth, death, baptism and marriage ceremonies at the temple.
Achievements and Performance
Main Achievements
The number of events held at the temple have been continually increasing over the years as apparent from the increase in the donations.
Financial Review
Financial Position
There are no concerns over the financial postion of the Temple.
Reserves Policy
The charity is holding reserves as it is continuing to pursue a policy of refurbishment and expansion of the current premises to service the ever increasing public demand.
Going Concern
The trustees do not envisage any financial issues in the forseeable future.
Structure, Governance and Management
Governing Document
The charity is goverened by its Deed of Trust
Reference and Administrative Details
Trustees
Mr Jasjit Singh (appointed 02/09/2024) Mr Haravtar Singh Arora (appointed 23/06/2024) Mr Gursharan Singh Chadha Mr Jatinder Singh Uppal (appointed 07/07/2025)
Page 1
London Sikh Centre (Ealing) Trustees' Report (continued) For The Year Ended 31 March 2025
Charity Number
1118356
Principal Address
Ealing Gurdwara, London Sikh Centre Sawyers Lawn London W13 0JP
Independent Examiner
Mr Sukhdev Singh Sagoo BSc, MSc, F.C.A Sagoo & Co. Chartered Accountants 63 The Grove London W5 5LL
Page 2
London Sikh Centre (Ealing) Trustees' Report (continued) For The Year Ended 31 March 2025
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Gursharan Singh Chadha
Trustee 09/12/2025
Page 3
London Sikh Centre (Ealing) Independent Examiner's Report to the Trustees of London Sikh Centre (Ealing) For The Year Ended 31 March 2025
I report to the trustees on my examination of the accounts of London Sikh Centre (Ealing) (the Trust) for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the charity trustees of the Trust 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of I.C.A.E.W, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents 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.
Mr Sukhdev Singh Sagoo BSc, MSc, F.C.A 10/12/2025 Sagoo & Co. Chartered Accountants 63 The Grove London W5 5LL
Page 4
London Sikh Centre (Ealing) Statement of Financial Activities For The Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Raising funds 5 NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 15 |
2025 Unrestricted funds £ 634,837 |
2024 Unrestricted funds £ 397,345 |
|---|---|---|
| (390,846) | (360,003) | |
| 243,991 | 37,342 | |
| 243,991 1,671,339 |
37,342 1,633,997 |
|
| 1,915,330 | 1,671,339 |
The notes on pages 7 to 11 form part of these financial statements.
Page 5
London Sikh Centre (Ealing) Statement of Financial Position As At 31 March 2025
| Notes FIXED ASSETS Tangible Assets 10 CURRENT ASSETS Debtors 11 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 12 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES Creditors: Amounts Falling Due After More Than One Year 13 NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 15 On behalf of the board |
2025 Unrestricted funds £ 3,072,567 |
2024 Total funds £ 3,095,412 |
|---|---|---|
| 3,072,567 3,132 61,460 |
3,095,412 2,631 33,707 |
|
| 64,592 (95,450) |
36,338 (98,449) |
|
| (30,858) | (62,111) | |
| 3,041,709 | 3,033,301 | |
| (1,126,379) | (1,361,962) | |
| 1,915,330 | 1,671,339 | |
| 1,915,330 | 1,671,339 | |
| 1,915,330 | 1,671,339 | |
Mr Gursharan Singh Chadha
Trustee 09/12/2025
The notes on pages 7 to 11 form part of these financial statements.
Page 6
London Sikh Centre (Ealing) Notes to the Financial Statements For The Year Ended 31 March 2025
1. General Information
London Sikh centre ( Ealing ) is an unincorporated charity registered with the Charity Commission, registered charity number1118356. The principal address is Sawyers Lane, Drayton Bridge Road , West Ealing ,London, W13 0JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements 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 Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
Income is largely derived from public donations and gift aid
2.3. Resources Expended
The expenditure is largely related to the running of the activities and building repairs
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Over 50 years at 2% pa Plant & Machinery 15% on redxucing balance basis Fixtures & Fittings 15% on reducing balance basis
2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| Donations and gifts Gift aid |
2025 Unrestricted funds £ 496,660 138,177 |
2024 Unrestricted funds £ 397,345 - |
|---|---|---|
| 634,837 | 397,345 |
Page 7
London Sikh Centre (Ealing) Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
4. Net Income/(Expenditure)
The net income is stated after charging/(crediting):
| Depreciation of tangible fixed assets - owned 5. Analysis of Expenditure Raising funds Raising funds 6. Support Costs Premises expenses General administration Depreciation Interest payable |
Activities undertaken directly £ 181,044 |
2025 £ 22,845 |
2024 £ 1,272 |
|---|---|---|---|
| Support costs (see note 6) £ 209,802 |
2025 Total £ 390,846 |
||
| Activities undertaken directly £ 188,756 |
Support costs (see note 6) £ 171,247 |
2024 Total £ 360,003 |
|
| 2025 Raising funds £ 46,699 83,787 22,845 56,471 |
|||
| 209,802 |
Page 8
London Sikh Centre (Ealing) Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| Premises expenses General administration Depreciation Interest payable 7. Independent Examiner's Remuneration Independent examination of the financial statements Other assurance services Tax advisory services Other financial services 8. Staff Costs Staff costs were as follows: Wages and salaries |
2025 £ 1,200 - - - 1,200 2025 £ 72,889 |
2024 Raising funds £ 57,364 44,665 1,272 67,946 |
|---|---|---|
| 171,247 | ||
| 2024 £ 950 - - - |
||
| 950 | ||
| 2024 £ 83,530 |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
9. Average Number of Employees
Average number of employees during the year was: 5 (2024: 5)
10. Tangible Assets
| 0. Tangible Assets |
|||
|---|---|---|---|
| Cost As at 1 April 2024 As at 31 March 2025 |
Land & Property Freehold £ 3,088,208 |
Plant & Machinery £ 7,848 |
Fixtures & Fittings £ 36,583 |
| 3,088,208 | 7,848 | 36,583 | |
Page 9
London Sikh Centre (Ealing) Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| Depreciation As at 1 April 2024 - Provided during the period 21,764 As at 31 March 2025 21,764 Net Book Value As at 31 March 2025 3,066,444 As at 1 April 2024 3,088,208 11. Debtors Due within one year Other debtors 12. Creditors: Amounts Falling Due Within One Year Trade creditors Bank loans and overdrafts Other creditors Accruals and deferred income 13. Creditors: Amounts Falling Due After More Than One Year Bank loans Other loans 14. Loans An analysis of the maturity of loans is given below: Amounts falling due within one year or on demand: Bank loans |
- 21,764 |
2,178 851 |
2,178 851 |
35,049 230 |
37,227 22,845 |
|---|---|---|---|---|---|
| 21,764 | 3,029 | 35,279 | 60,072 | ||
| 3,066,444 | 4,819 | 1,304 | 3,072,567 | ||
| 3,088,208 | 5,670 | 1,534 | 3,095,412 | ||
| 2025 £ 3,132 2025 £ (1) 85,956 7,600 1,895 95,450 2025 £ 733,229 393,150 1,126,379 2025 £ 85,956 |
2024 £ 2,631 |
||||
| 2024 £ 11,974 77,000 7,600 1,875 |
|||||
| 98,449 | |||||
| 2024 £ 968,812 393,150 |
|||||
| 1,361,962 | |||||
| 2024 £ 77,000 |
Page 10
London Sikh Centre (Ealing) Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| Amounts falling due between one and five years: Bank loans Other loans 15. Movement in Funds Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 April 2024 £ 1,671,339 |
Income £ 634,837 |
2025 £ 733,229 393,150 1,126,379 Expenditure £ (390,846) |
2024 £ 968,812 393,150 |
|
|---|---|---|---|---|---|
| 1,361,962 | |||||
| As at 31 March 2025 £ 1,915,330 |
|||||
| 1,671,339 | 634,837 | (390,846) | 1,915,330 | ||
| As at 1 April 2023 £ 1,633,997 |
Income £ 397,345 |
Expenditure £ (360,003) |
As at 31 March 2024 £ 1,671,339 |
||
| 1,633,997 | 397,345 | (360,003) | 1,671,339 |
- Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
- Related Party Disclosures
Page 11
London Sikh Centre (Ealing) Detailed Statement of Financial Activities For The Year Ended 31 March 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations from individuals Gift aid EXPENDITURE ON: Raising funds Langar costs Waste disposal Wages and salaries Bheta costs Rates Light and heat Cleaning Computer software costs Repairs, renewals and maintenance Insurance Telecommunications Independent examiner's fees Subscriptions Bank charges Charitable donations Sundry expenses Depreciation of plant and machinery Depreciation of fixtures and fittings Depreciation of freehold land and property Bank loan interest NET INCOME |
2025 Total funds £ 496,660 138,177 |
2024 Total funds £ 397,345 - |
|---|---|---|
| 634,837 | 397,345 | |
| 634,837 (53,684) (6,533) (72,889) (47,938) (673) (41,941) (4,085) - (75,982) (2,803) (1,217) (1,200) (1,466) (504) - (615) (851) (230) (21,764) (56,471) |
397,345 (86,131) - (83,530) (19,095) (702) (48,279) (8,383) (832) (35,290) (97) (436) (950) (648) (46) (832) (5,534) (1,001) (271) - (67,946) |
|
| (390,846) | (360,003) | |
| (390,846) | (360,003) | |
| 243,991 | 37,342 |
Page 12