SRI NABII KAMAL RAJA SAHE,B TIIUST
SIKH TEI [PLE CULI'URAL & COTMIMUNrry CENTRLI OIP NorrrNGHAM
AME
This Charity is called SRI NABH KAMAL IWA SAHEB TRUS'r
(14creinaft¢r cAlled "tho T¢mpl¢")
Tlie obJ¢¢t8 of thc Teinple oro". -
to fidvance the StKH Roligion and Culture in Nottlngham, And Its environs And for Ihis purpose
biit not fijrthcr or ollierwise.
(A) to promote splrlwgl teaching and thc observances that serve lo promot¢ and manlfest tlio said
teligioii.
(b) to ediioafe children and adults In th¢ prlnclples of the said Teligion.
(e)
to provide a plfice of worshlp for the conduct of marriages, funcrajs aiid other 8eryices
a¢¢ording to the rltes of the sald religlotL
to advance th¢ edtic&tlon of the SIKH Coimmunity in Nottlngham and Its environs includlng
the social and pliyEical trainlng of such persons who or6 L)nd¢r thc ag¢ of 25 y¢Ars, in a
InAnner con81gtent with the principles of the said religioii.
to relieve aged members of the SLKH Commiinlty In Nottingham and its environs.
Memb0r8 8h411 be elA8slfied a$ follows: .
Ordiiiftiy Fald Membor, . Any person ov¢r18 who Is praclioing SIKH.
Jiinior Meinbew3- a persoii under tlie agc of18 who wlll exerolse no votlng rights and will
be exempt from the membcrslilp fees.
Llfe Member - a person of th¢ SIKH faith who h&8 pold the sum oe£i to thB Templ¢ foi.
membei'sliip.
HonorAry Llfe Menibery- a dlstingui8hed person appointed at the discretlon of tlie Bxcoutlve
Commlttee who is known for histher contributions to th¢ SIKH'femple.
PAtron - a person wlio has signed o subsisling deed of Lyjvenant appoiiited at Ihe discretlon
of the Bx¢outiv¢ Commlttee.
Iv
PLXCA'I'ION IIOR MfMBLIRSHtp
An application must be mad¢ in wrltlng In such forni as the BxeLUtivc Committee may
prescrib¢, must be signe(I by the applicant and coul1terSIed by a prop05er wlio has been a
mcinber of the Temple for at Ist slx months. Applications for m¢mbersliip sliall bo
01)sldered ond approved by thc Executive Comniittee.
mber8hi
sub5¢ri
tloll:_
Ordinary members shall pay annuul In¢mbership subscription, except the Spous of PAtI'olls
WIIO sball hRve beeJA deemed to bave pald tbelr siibscrlptioll already. Such anntsal
n)Bmbership subscription sliall be fixed by th¢ Exe¢u(iv¢ Committee and recommended to the
next AGM or SGM. Annual mcmbcrship subs¢rlption shall becotnc due oll 1st JAlluary eneh
yQAr. An ordinary memb¢r whos¢ subsa'lptlon remains unpald on 30th Moy after it bteohies
(lue sliall b¢ qleemcd lo knAv¢ IApsed from eberSblp.
omberskni
Tlie Cxccutive Cominitte¢ Sh11 rnalnlain a r¢gister ofmetnbers of thc Temple Tlie
¥egister will bB open for inspcGtion by all membcrs and will contain the following parfi¢iilars:_
Thc nain¢ and suniame of each Inen)ber,
The dat¢ upon which each person becatne a ni¢Jnber.
Th¢ date upon which any meinber ceased to be a niember.
A register of the addrcsses of the members sliall be maintaincd separately.
Tei'nilnatio
ciiibcrshl ~Th6 Exe¢utivo Coinmitte¢ may by resolutlon t¢rminate tlie
membership of any member who is, in il)elr oplnlon, working agaiiist die Tcmple. Befor¢
coming to any declslon tho Executive Committee shall 8lve 1116 membvr affected prop¢r
opportunlty for statlng hlslher cas¢ to them. elther orally or in wrlllnE as the Exeoutlve
CoEMmittee may d¢(ermine.
Votlll
I'l bt8:_ Bvery member, whoih¢r an ordlnary mcinber, lif8 ittember, patron has ihc
riglit to attend g¢iicral nieetings of the Temple, to dis¢uss the ageiida circulated and to vote
th¢reon. An employce although may bc 8 meml)er of ihe T¢mpl¢ but shall not be eliglble to
canvgss or stand for any offi0¢ of the Tcmple Coininitlee.
OLD
STY£IIS
Tlie Exe¢iitlYe Committee shfill cause tlie title to:
ft1118nd held by or In tws¢ for the Teinpl¢ wlii¢h is not vested in the Offi¢ial Custodian for
Ch8rlti¢s' aiid
all investm¢nls held by or on behalf of lh6 Teinpl¢;
to be vested cither In a ¢orporation entltled to act as custodlan trusleo or in nol loss than three
Indlvlduals appolnted by ilicm 8$ holding trustees. Holding trustees MAY be runoved by tlie
Execiitiv¢ Commlltee at their pleasure and shalt aGt in accAJrdanc¢ with the lawfvl dlr¢¢lionB of
the Exeeuliv¢ Committe& Pmvidcd th¢y act only In accordan¢6 wltli the lawful dlrections of
tho EXUtIve Commlttc4 th¢ holding trustees shall not be liable for the acts and defaults of Its
mombers.
(a)
(b)
AG
The affairs of the Temple shall be adniintstered by a committee known as the Bxe¢i?Ilve
Coinmiltee {hcr¢iii afier Called 'lh¢ Cominiltee').The Comniittee shall be elect every FIVE
years at tlie Biennial Gencral Meeting of the members and shall consist of eleven Ineiiibors.
The Conimittee shall consist of tl)¢ slx officc beaT¢rs, namely tho ehairnjan, Vice-chairiman,
Secr8taiy¥ Asst. S¢¢retary? Treasur¢r, Asst. Thasurcr und fivo other mcinbers, Cominitleo
m¢inbers ¥liull liold offl¢o unlil tho next biennial meeting.
Tlie Bxecutive Coininittee may 8PPOilIt ono or more sub-commilleeg of ihree or more members
of the Bxecutlv¢ Committee tor ihc purpose of inakuig any iiiquiry or sup¢rvi8ing or
perlorining wiy fiiticlion or diity which in th¢ opinion of the Exeb'utivs Commlttee would b¢
mor¢ convenlently ui)derlaken or carried out by a siib-committee; provid that all dots And
proccedlng5 of llny such sub-committecs sliall bo fully ld proinptly reported to th¢ Executlve
CommltteB.
Tlie slx offi¢¢ bearers shall be ineligible for r¢-cleotion to thelt respective posts aft¢r TWO
consecutlv¢ tenns but MAY be elected as ali ordinary member of Ihe Commiltee aiid shall b6
eligible for rep ¢ltiOn to any post after one torm. This is to lake etTeot from tlie dat¢ of
adoption of this Constitution.
11
GLINfiRAL MEKTTNC
A Bienniul Geiieral MGeting ofihe membGrs shall b¢ hcld cv¢ry two ycars on sucli (lay diid
time 8nd place as the Commiltte sliall detennin¢. The business of tli¢ Bicnnial G¢neial
Mccting shall Include a report by lh¢ Cofftinitte¢ ort th¢ last two years worK the pr¢s¢ntation
aiid approval of lh¢ auditedlindepend¢ntly examined R¢¢ounls, api)ointment of the
iiditorsliiidependent examiners and the election of tho C'onllnittee in aw)rdance wllh clllus¢ 8
b¢loW.
A buslness General Meetlng of ihe members shall be held every y¢pr fo), the approval of the
auditedlindopBndently-¢xamined accouiits and for disoiission of any other busincss of the
T¢mpl¢.
Speclal Gen¢ral Meetlng of the members shall be Iiold within one month 8fter a wrltten
reqiiest slgncd by at l¢ast one-lhird of the registcred membei's hfis beeii submltted to Ihe
Secretary. Such a requcsl must slate th¢ speGifi¢ purpose of the proposed meetin
At Icast fourteen day's notico of evcry Gen¢ral MeeÉiiig shall be given to all mcmb¢rs,
spIfyI{1g its date, timo hnd placG, slatino whether it is a Bionnlal or SpccTal General Meeting
on Ilio basis of a pr¢ clrculnted AEenda only.
'rher¢ shall bc a quorum when at least one tcnth of thc number of members of11)c'f¢mple for
the time btsing or t¢n mcmbers of the Templ4 whichever Is the great¢r, e present ai 8riy
general meeling.
Every motter to bo determined by the Jh¢mbGrs of the Temple shall b6 deL'ided by a simplo
Inajority, of tlios¢ present and voting excapt wli¢ro expressly provldd otherwis¢ by tliis
consiltution.
Except as provided In clause 8( v) below, all votlng shall be by show of liands or ballot as the
Coininlttee sl)Etll deGide before a particular vote.
vlll No proxy votC8 shall bo allow¢d,
Only Iteins on Agenda already circulaied shall bo discussed.
Ih tlig event of a titt of votes the Chaimian of the nie¢tin8 shall liave a ¢asting vot¢ in
addition to any vote lielshe may already hftve ¢usted as a in¢Mnber.
I I,EcfIoN PROCKD
Nominations slia51 b¢ mad¢ on a rtomination fom) prescrlbed by the Committge, $ied by the
nomlnee oountersigned by 8 proposer ftnd seconder.
The nain¢s of persons nojninated for ¢lectlon to the Commlitee shall be iiotlfied to the
SretarY not less than sevcn days before the date of th¢ Bicnnial G¢neral M¢oling.
Only Inembers who have r¢gi5tcred as such for al l¢thst six months prlor to the dHte of V4n
electlon niay voto at election or General M¢etin8 or nominate or be nominated for ¢leotion
to the Cominittex. No incmb¢r moy be ¢lected to the offi(xi of Chairm, Se¢re18ry or
Treasur¢r unless helshc has been a In¢mber of the Temple for at Icast ten yc&r& prior to the
date of Such 8n ¢lecllon,
The election of tlie Committee shRII be condD¢td by se¢ret ballot organisd by the outgoing
Commlttee who shall noiyjinate At least five inembei'8 whose Iiames should bo ¢litul&t¢d to
tILe Inemb¢rship along with tho AGM notice for selection of thre¢ meuibers for th¢ Itttlo
Commltt¢¢. 'fh¢ tliree nam¢s must be notlfled fll wrlling (o th¢ Secr¢tary not lesm thv4n
Igbt days before the Bioiinial Gcncral Meeting. Kf no names recelved the outgoin
Coinniittte sliall appoint three indci)endent people, Chairinan of the eloctioii coiiunittee shall
be appoiiite(I by the Bxecutive Coinmitte¢.
Any dispute or differen¢¢, whlch may arise during th6 course of an ¢lttctlon, sl)all'be de¢lded
by thc Cliairmart of tlie election committee and sliall b¢ bindlng for 811 purposes.
Fo
RS AIqD Dlfl'JEI S
The Seerelaiy shall rccord ininutcs of all meeting8 of the members of the Templ¢ and all
Ineetiiigs of Ihe Committee (including tl)s iiames of all members of th¢ committ wid thelr
datc of elcction) Th¢ Secretary shall bc responsible for giviiig noti of and calling all
iiieetings and shull be responslble for condiicting all gcneral coiYespondeiic¢ (other than thal
reluting to a¢counts) on behaifof tlie Templ¢ and ¢opio5 of all corrtqpondence recelved and
11
vll
IA
all olher tecords sholl be filed ond kept in safe 5lorage for a perÈod of at least 6 years hiid all
Inembeis have awess to these i'ecords on appllcation to the Coininittee.
Dulles of other Con)mitt¢e Momb¢rs and of ¢mployees shall ba agreed Bs detenhlned by the
Committc¢ froin time to timc and may be substitiited by anoth¢Y Rx¢cutive M¢mb¢r on th6
majorlty declslon of the Coinmittee after nolificalion.
The Bxecutive Committee shajl have power to fill any vacancy of any offiGe bearer which
IDay arise oitlier from within the Executive Comftnittee or by co-opilon from wlihln ihe
Incthbership.
Acco
Th¢ Templc'8 bank account $holl b8 operated by any two of tlie following oificc bearoi's ,
namely, Treasurcr, Secretary, Chainnaii Hnd Vlce- Chllirman.
Thc Treasuyci. shall kecp a Inje and pi'oper r¢coTd of all moncys of th¢ Tcmplo received and
dlstrlbuted and sliall be resportslbl¢ for tli¢ w11t10Th attd couiitliig of all volui)lary
donations as per guide lincs provided by th¢ Chfjrity Coinmlssion.
IITh¢ Elxecutive Comn)Ittee shall comply with Ihelr obllgations und¢r thc chariti Act 1993
(oi. any statutoiy r¢-enaclm¢nt or modification of that Act) with rogard to:
Ilie kecping of accounting records for the Temple:
the preparatloii of annuRI stateibcnts of awunt for th¢ T¢mple:
the fiuditiiig or iiid¢pendent oxaminalion of the ststomenls of accounts of Ilie Templ¢. And
Ilie transinission of the statements of account of tl)e Tcmple to tho Charlty Con)mAssion"
Tho Tr¢asurer shall be rth8ponslbl6 for preparlng and presentlng tb¢ on(blY AC¢OUnts to th
Executlve Coinmittee for th¢lr approval,
11
(a)
(b)
(¢)
(d)
11 ANNUAL RE
ORT
'riio Ex¢cutiv¢ Comniittee shall comply wlth th6ii' obligatioii linder the charlties Act 1993 (or
any sthtutory re-en&ctmeJit or modificalion of that Act) with regard to the prepaiatlon of Annual
repo¥t aiid Its Iransinlssion to the Cliarlty Commission.
12
ANNUAL RIIT
The Bxecutive Committeo shall Comply wlih tli¢ir obllgatlon under the Charities Act 1993 (or
&iiy stattitory r¢-en4ctm¢nl or modification of ihat Act) with regard to the prei)aration of an
annual return and Its transmission to the Clllwity Commission.
13
TlU£
Me¢tings oftli¢ Coinmittee sliall be called by ihc Secretary onco a montli or as may be
necessary. Other meellA)gs of the CoIninlttee shall be called wilhin fourteLn day8 after the
requ¢st in writing to the Sccrelary by any fivo or Inorb. Incmbcr?i ofthe Coiniiilttee.
Notice by Committce M¢mb¢rs of any specific business to bs subiiiltted lo meetlngs of the
Committee sliall be subniitted to Ihe.8ecretary Iiot Icss than s¢Yoii days before the date of the
Inooting,
Therc shall be a qiiorum when at least one third of Ihe number of in¢inbcis of tlie Executlve
Committee for th¢ tirnt beitig or tliree menibers of Ilie Execullve Commlttee, whlcheiier is tho
gi'eatei., al'e present at a meeling.
The oifice ot an otfic¢ bcarer or oiher member of tho Commlttee shall b¢ vacated if such
Offi bearur or member:.
Beuomes bankriipl or makes any arrangemonts or Composition with lii$llier ¢r¢dilOrS.
Beoomcs of unsoiind miiid.
Il¢signs hisllicr office in writing,
11
Iv
(a)
(b)
(c)
(d)
If abseiit from tlwee consccutive ijKelings of thts cumtnitlec without any valid reRson boing
given In writing to tli¢ Secretary> only if the other members p&ss ql resoliition that thG office of
suoli office bear¢r or olher meinber of the CoTnmlttee shall be vacat¢d.
14
Is
OLufioN
If tho Executive Committeu deGldes that it is necessary or advlsAblo to diss'olve tlie Templ¢ it
sliall call a Ine¢ting of all Inembers of the Temple, of which not less than 21 days, notlce
(stating the terms of the resolution to be proposed) shall bo given. If the proposal Is crIrnled
by a two-tliirds Jfdajorlty of those present and voting Ihe Bxecutive Committee shall liavc
powei. to realise any assels h¢ld by or on bchalf of the T¢niple. Any assets reinalnlng atler the
satisfa¢tlon of any pow¢r d¢blS aiid liabilities shall b¢ given or traiisf¢rred io such otli¢r
chiiritable iiistitution or Institutions Iiavlng objects similar to the objects of tlic Temple as the
memb¢rs of tli¢ T¢ini)l¢ may det¢rmine oi. falllng that shall bc applled foi. som¢ other
¢harltable purpose. A copy of the stot¢m¢nt of account8, or account and statenient for the fmal
a¢Gowitlng l'lod of the Tcmple must be seiit to the Charity Commission.
ON
15
STOTHE
ST
UT
SUbJel to tlic followlng provisions oltlils ¢lause Ihe Constllullon may be altered by a
r¢solution passed by not less tlian two-thlrds of Ihe Inemb¢rs prosoiit and voting at a general
m¢¢tii)g. The not1¢¢ of thc g¢n¢ral meeting must inGlude notice of the resolution gettlng out the
t¢J'ms of the Hlteratlon proposed,
No amendment may bc mad¢ to elAU8el (the name ofcharity clause), clause 2(the objects
clau8e), ¢laii8c 14 (the dissolution clause) or tbls claus¢ wiihout th¢ prior ¢ons¢nt In wrltirtg to
lh¥ Charlty Commisslon.
No amendttients niay be inad¢ whlch would Iiave the effect of makljig ilie I'einplc ¢easo to be a
¢liarlty at law.
I'ho Bxe¢utlv¢ Commlttee should promptly send to th¢ Charlty Coinmission a copy of atty
ainendinents made under Ihis fjlause.
I'bls 18 a tre copy of the con$tltutlon Adopled by the Speciul Gelleral Mcellng of tbo
SRI NABH KAMAL RAJA SAHEI B 'l'RUST
SII(H TEfvLPLE CULTUIIAI, & COMNWNrrY CENTRE
IiAJA SAHEII LIOUSE ,ANsf1[l LD ROAD,NOThINGHAM,NGI 3HX
ADovfEI D -.-
fvP,4
SECREI TAII
## **REPORT OF THE DIRECTORS AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **FOR**
## **SRI NABH KAMAL RAJA SAHEB TRUST**
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
||**Page**|
|---|---|
|**Company Information**|1|
|**Report of the Directors**|2|
|**Income Statement**|3|
|**Balance Sheet**|4|
|**Statement of Changes in Equity**|6|
|**Notes to the Financial Statements**|7|
|**Chartered Accountants' Report**|10|
|**Detailed Income and Expenditure Account**|11|
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **COMPANY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **DIRECTORS:**
H S Cheema H Malhi J R Gangotra A Singh A Singh
## **REGISTERED OFFICE:**
Hadrian Chambers Victoria Passage Skinner Street Wolverhampton West Midlands WV1 4LG
## **REGISTERED NUMBER:**
04285042 (England and Wales)
## **ACCOUNTANTS:**
Thapers Limited Chartered Accountants Harpal House 14 Holyhead Road Handsworth Birmingham West Midlands B21 0LT
Page 1
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **REPORT OF THE DIRECTORS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
The directors present their report with the financial statements of the company for the year ended 30 September 2024.
## **PRINCIPAL ACTIVITY**
The principal activity of the company in the year under review was that of the advancement of education in the principals of the sikh faith.
## **DIRECTORS**
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.
H S Cheema H Malhi J R Gangotra A Singh A Singh
## **ON BEHALF OF THE BOARD:**
H S Cheema - Director
23 July 2025
Page 2
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|Notes
**TURNOVER**
Administrative expenses
Other operating income
**OPERATING SURPLUS**
4
Interest receivable and similar income
Interest payable and similar expenses
5
**SURPLUS BEFORE TAXATION**
Tax on surplus
6
**SURPLUS FOR THE FINANCIAL YEAR**|**30/9/24**
**£**
**106,905**
**88,567**
**18,338**
**15,005**
**33,343**
**413**
**33,756**
**18,279**
**15,477**
**-**
**15,477**|30/9/23
£
166,059
79,054|
|---|---|---|
|||87,005
-|
|||87,005
264|
|||87,269
2,605|
|||84,664
-|
|||84,664|
The notes form part of these financial statements
Page 3
**SRI NABH KAMAL RAJA SAHEB TRUST (REGISTERED NUMBER: 04285042)**
## **BALANCE SHEET 30 SEPTEMBER 2024**
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT (LIABILITIES)/ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one
year
10
**NET ASSETS**
**RESERVES**
Income and expenditure account
12|**30/9/24**
**£**
**2,952**
**37,012**
**39,964**
**434,848**|**£**
**970,153**
**(394,884)**
**575,269**
**9,023**
**566,246**
**566,246**
**566,246**|30/9/23
£
23,074
111,244
134,318
47,289|£
477,805
87,029|
|---|---|---|---|---|
|||||564,834
14,065|
|||||550,769|
|||||550,769|
|||||550,769|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.
## The directors acknowledge their responsibilities for:
- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The notes form part of these financial statements
continued...
Page 4
**SRI NABH KAMAL RAJA SAHEB TRUST (REGISTERED NUMBER: 04285042)**
## **BALANCE SHEET - continued 30 SEPTEMBER 2024**
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:
H S Cheema - Director
The notes form part of these financial statements
Page 5
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**Balance at 1 October 2022**
**Changes in equity**
Total comprehensive income
**Balance at 30 September 2023**
**Changes in equity**
Total comprehensive income
**Balance at 30 September 2024**|**Retained**
**earnings**
**£**
466,105
84,664
550,769
15,477
566,246|**Total**
**equity**
**£**
466,105
84,664|
|---|---|---|
|||550,769|
|||15,477|
|||566,246|
The notes form part of these financial statements
Page 6
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 1. **STATUTORY INFORMATION**
Sri Nabh Kamal Raja Saheb Trust is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
## 2. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Turnover**
Turnover represents donations received during the year and income from other charitable activities.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|life.||
|---|---|
|Freehold property|- not provided|
|Improvements to property|- not provided|
|Fixtures and fittings|- 10% on reducing balance|
|Computer equipment|- 10% on reducing balance|
## **Pension costs and other post-retirement benefits**
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
## 3. **EMPLOYEES AND DIRECTORS**
The average number of employees during the year was 1 (2023 - 1).
|||**30/9/24**|30/9/23|
|---|---|---|---|
|||**£**|£|
||Directors' remuneration|**-**|-|
|4.|**OPERATING SURPLUS**|||
||The operating surplus is stated after charging:|||
|||**30/9/24**|30/9/23|
|||**£**|£|
||Depreciation - owned assets|**4,524**|4,849|
|5.|**INTEREST PAYABLE AND SIMILAR EXPENSES**|||
|||**30/9/24**|30/9/23|
|||**£**|£|
||Bank loan interest|**10,636**|2,605|
||Loan arrangement fees|**7,643**|-|
|||**18,279**|2,605|
continued...
Page 7
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 6. **TAXATION**
The company is limited by guarantee and does not have a share capital. There is no tax payable on its main source of income as this is derived from donations only.
## 7. **TANGIBLE FIXED ASSETS**
|**COST**
At 1 October 2023
Additions
At 30 September 2024
**DEPRECIATION**
At 1 October 2023
Charge for year
At 30 September 2024
**NET BOOK VALUE**
At 30 September 2024
At 30 September 2023|**Freehold**
**property**
**£**
**223,377**
**495,262**
**718,639**
**13,055**
**-**
**13,055**
**705,584**
210,322|**Improvements**
**to**
**property**
**£**
**321,026**
**-**
**321,026**
**97,180**
**-**
**97,180**
**223,846**
223,846|**Fixtures**
**and**
**fittings**
**£**
**94,155**
**1,610**
**95,765**
**51,492**
**4,427**
**55,919**
**39,846**
42,663|**Computer**
**equipment**
**£**
**1,520**
**-**
**1,520**
**546**
**97**
**643**
**877**
974|**Totals**
**£**
**640,078**
**496,872**|
|---|---|---|---|---|---|
||||||**1,136,950**|
||||||**162,273**
**4,524**|
||||||**166,797**|
||||||**970,153**|
||||||477,805|
## 8. **DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|8.
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Other debtors
Prepayments
9.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 11)
Trade creditors
Social security and other taxes
NEST Pensions
Net Wages
Accrued expenses
10.
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE**
**YEAR**
Bank loans (see note 11)|**30/9/24**
**£**
**-**
**2,952**
**2,952**
**30/9/24**
**£**
**416,847**
**730**
**(1,269)**
**809**
**16,651**
**1,080**
**434,848**
**30/9/24**
**£**
**9,023**|30/9/23
£
15,101
7,973
23,074
30/9/23
£
27,938
2,073
(1,262)
809
16,651
1,080|
|||47,289|
|||30/9/23
£
14,065|
continued...
Page 8
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 11. **LOANS**
An analysis of the maturity of loans is given below:
|Amounts falling due within one year or on demand:
Lloyds Loan Account
Natwest Loan Account
Amounts falling due between two and five years:
Bounce Back Loan|**30/9/24**
**£**
**-**
**416,847**
**416,847**
**9,023**|30/9/23
£
27,938
-|
|---|---|---|
|||27,938|
|||14,065|
## 12. **RESERVES**
|**RESERVES**||
|---|---|
||**Income**|
||**and**|
||**expenditure**|
||**account**|
||**£**|
|At 1 October 2023|**550,769**|
|Surplus for the year|**15,477**|
|At 30 September 2024|**566,246**|
## 13. **SHARE CAPITAL**
The company is limited by guarantee and does not have a share capital.
Page 9
## **CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF SRI NABH KAMAL RAJA SAHEB TRUST**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sri Nabh Kamal Raja Saheb Trust for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Sri Nabh Kamal Raja Saheb Trust, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sri Nabh Kamal Raja Saheb Trust and state those matters that we have agreed to state to the Board of Directors of Sri Nabh Kamal Raja Saheb Trust, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sri Nabh Kamal Raja Saheb Trust and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Sri Nabh Kamal Raja Saheb Trust has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sri Nabh Kamal Raja Saheb Trust. You consider that Sri Nabh Kamal Raja Saheb Trust is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Sri Nabh Kamal Raja Saheb Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Thapers Limited Chartered Accountants Harpal House 14 Holyhead Road Handsworth Birmingham West Midlands B21 0LT
23 July 2025
This page does not form part of the statutory financial statements
Page 10
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**Donations received**
**Other income**
Government grants
Deposit account interest
**Expenditure**
Wages
Pensions
Rates and water
Insurance
Light and heat
Cleaning Charges
Priest costs
Telephone
Post and stationery
Advertising
Alarm service cost
Repairs and renewals
Computer & IT exp.
Sundry expenses
Accountancy
Legal and professional fees
**Finance costs**
Bank charges
Bank loan interest
Loan arrangement fees
**Depreciation**
Fixtures and fittings
Computer equipment
**NET SURPLUS**|**30/9/24**
**£**
**15,005**
**413**
**15,092**
**245**
**13,682**
**2,909**
**7,237**
**3,063**
**10,100**
**594**
**696**
**2,328**
**107**
**5,664**
**126**
**2,802**
**2,726**
**15,766**
**906**
**10,636**
**7,643**
**4,427**
**97**|**£**
**106,905**
**15,418**
**122,323**
**83,137**
**39,186**
**19,185**
**20,001**
**4,524**
**15,477**|30/9/23
£
-
264
15,138
245
15,063
2,603
14,848
673
12,750
748
-
3,327
652
4,495
-
1,587
997
-
1,080
2,605
-
4,740
108|£
166,059
264|
|---|---|---|---|---|
|||||166,323
73,126|
|||||93,197
3,685|
|||||89,512
4,848|
|||||84,664|
This page does not form part of the statutory financial statements
Page 11
## **REPORT OF THE DIRECTORS AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **FOR**
## **SRI NABH KAMAL RAJA SAHEB TRUST**
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
||**Page**|
|---|---|
|**Company Information**|1|
|**Report of the Directors**|2|
|**Income Statement**|3|
|**Balance Sheet**|4|
|**Statement of Changes in Equity**|6|
|**Notes to the Financial Statements**|7|
|**Chartered Accountants' Report**|10|
|**Detailed Income and Expenditure Account**|11|
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **COMPANY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **DIRECTORS:**
H S Cheema H Malhi J R Gangotra A Singh A Singh
## **REGISTERED OFFICE:**
Hadrian Chambers Victoria Passage Skinner Street Wolverhampton West Midlands WV1 4LG
## **REGISTERED NUMBER:**
04285042 (England and Wales)
## **ACCOUNTANTS:**
Thapers Limited Chartered Accountants Harpal House 14 Holyhead Road Handsworth Birmingham West Midlands B21 0LT
Page 1
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **REPORT OF THE DIRECTORS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
The directors present their report with the financial statements of the company for the year ended 30 September 2024.
## **PRINCIPAL ACTIVITY**
The principal activity of the company in the year under review was that of the advancement of education in the principals of the sikh faith.
## **DIRECTORS**
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.
H S Cheema H Malhi J R Gangotra A Singh A Singh
## **ON BEHALF OF THE BOARD:**
H S Cheema - Director
23 July 2025
Page 2
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|Notes
**TURNOVER**
Administrative expenses
Other operating income
**OPERATING SURPLUS**
4
Interest receivable and similar income
Interest payable and similar expenses
5
**SURPLUS BEFORE TAXATION**
Tax on surplus
6
**SURPLUS FOR THE FINANCIAL YEAR**|**30/9/24**
**£**
**106,905**
**88,567**
**18,338**
**15,005**
**33,343**
**413**
**33,756**
**18,279**
**15,477**
**-**
**15,477**|30/9/23
£
166,059
79,054|
|---|---|---|
|||87,005
-|
|||87,005
264|
|||87,269
2,605|
|||84,664
-|
|||84,664|
The notes form part of these financial statements
Page 3
**SRI NABH KAMAL RAJA SAHEB TRUST (REGISTERED NUMBER: 04285042)**
## **BALANCE SHEET 30 SEPTEMBER 2024**
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT (LIABILITIES)/ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one
year
10
**NET ASSETS**
**RESERVES**
Income and expenditure account
12|**30/9/24**
**£**
**2,952**
**37,012**
**39,964**
**434,848**|**£**
**970,153**
**(394,884)**
**575,269**
**9,023**
**566,246**
**566,246**
**566,246**|30/9/23
£
23,074
111,244
134,318
47,289|£
477,805
87,029|
|---|---|---|---|---|
|||||564,834
14,065|
|||||550,769|
|||||550,769|
|||||550,769|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.
## The directors acknowledge their responsibilities for:
- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The notes form part of these financial statements
continued...
Page 4
**SRI NABH KAMAL RAJA SAHEB TRUST (REGISTERED NUMBER: 04285042)**
## **BALANCE SHEET - continued 30 SEPTEMBER 2024**
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:
H S Cheema - Director
The notes form part of these financial statements
Page 5
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**Balance at 1 October 2022**
**Changes in equity**
Total comprehensive income
**Balance at 30 September 2023**
**Changes in equity**
Total comprehensive income
**Balance at 30 September 2024**|**Retained**
**earnings**
**£**
466,105
84,664
550,769
15,477
566,246|**Total**
**equity**
**£**
466,105
84,664|
|---|---|---|
|||550,769|
|||15,477|
|||566,246|
The notes form part of these financial statements
Page 6
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 1. **STATUTORY INFORMATION**
Sri Nabh Kamal Raja Saheb Trust is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
## 2. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Turnover**
Turnover represents donations received during the year and income from other charitable activities.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|life.||
|---|---|
|Freehold property|- not provided|
|Improvements to property|- not provided|
|Fixtures and fittings|- 10% on reducing balance|
|Computer equipment|- 10% on reducing balance|
## **Pension costs and other post-retirement benefits**
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
## 3. **EMPLOYEES AND DIRECTORS**
The average number of employees during the year was 1 (2023 - 1).
|||**30/9/24**|30/9/23|
|---|---|---|---|
|||**£**|£|
||Directors' remuneration|**-**|-|
|4.|**OPERATING SURPLUS**|||
||The operating surplus is stated after charging:|||
|||**30/9/24**|30/9/23|
|||**£**|£|
||Depreciation - owned assets|**4,524**|4,849|
|5.|**INTEREST PAYABLE AND SIMILAR EXPENSES**|||
|||**30/9/24**|30/9/23|
|||**£**|£|
||Bank loan interest|**10,636**|2,605|
||Loan arrangement fees|**7,643**|-|
|||**18,279**|2,605|
continued...
Page 7
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 6. **TAXATION**
The company is limited by guarantee and does not have a share capital. There is no tax payable on its main source of income as this is derived from donations only.
## 7. **TANGIBLE FIXED ASSETS**
|**COST**
At 1 October 2023
Additions
At 30 September 2024
**DEPRECIATION**
At 1 October 2023
Charge for year
At 30 September 2024
**NET BOOK VALUE**
At 30 September 2024
At 30 September 2023|**Freehold**
**property**
**£**
**223,377**
**495,262**
**718,639**
**13,055**
**-**
**13,055**
**705,584**
210,322|**Improvements**
**to**
**property**
**£**
**321,026**
**-**
**321,026**
**97,180**
**-**
**97,180**
**223,846**
223,846|**Fixtures**
**and**
**fittings**
**£**
**94,155**
**1,610**
**95,765**
**51,492**
**4,427**
**55,919**
**39,846**
42,663|**Computer**
**equipment**
**£**
**1,520**
**-**
**1,520**
**546**
**97**
**643**
**877**
974|**Totals**
**£**
**640,078**
**496,872**|
|---|---|---|---|---|---|
||||||**1,136,950**|
||||||**162,273**
**4,524**|
||||||**166,797**|
||||||**970,153**|
||||||477,805|
## 8. **DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|8.
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Other debtors
Prepayments
9.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 11)
Trade creditors
Social security and other taxes
NEST Pensions
Net Wages
Accrued expenses
10.
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE**
**YEAR**
Bank loans (see note 11)|**30/9/24**
**£**
**-**
**2,952**
**2,952**
**30/9/24**
**£**
**416,847**
**730**
**(1,269)**
**809**
**16,651**
**1,080**
**434,848**
**30/9/24**
**£**
**9,023**|30/9/23
£
15,101
7,973
23,074
30/9/23
£
27,938
2,073
(1,262)
809
16,651
1,080|
|||47,289|
|||30/9/23
£
14,065|
continued...
Page 8
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 11. **LOANS**
An analysis of the maturity of loans is given below:
|Amounts falling due within one year or on demand:
Lloyds Loan Account
Natwest Loan Account
Amounts falling due between two and five years:
Bounce Back Loan|**30/9/24**
**£**
**-**
**416,847**
**416,847**
**9,023**|30/9/23
£
27,938
-|
|---|---|---|
|||27,938|
|||14,065|
## 12. **RESERVES**
|**RESERVES**||
|---|---|
||**Income**|
||**and**|
||**expenditure**|
||**account**|
||**£**|
|At 1 October 2023|**550,769**|
|Surplus for the year|**15,477**|
|At 30 September 2024|**566,246**|
## 13. **SHARE CAPITAL**
The company is limited by guarantee and does not have a share capital.
Page 9
## **CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF SRI NABH KAMAL RAJA SAHEB TRUST**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sri Nabh Kamal Raja Saheb Trust for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Sri Nabh Kamal Raja Saheb Trust, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sri Nabh Kamal Raja Saheb Trust and state those matters that we have agreed to state to the Board of Directors of Sri Nabh Kamal Raja Saheb Trust, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sri Nabh Kamal Raja Saheb Trust and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Sri Nabh Kamal Raja Saheb Trust has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sri Nabh Kamal Raja Saheb Trust. You consider that Sri Nabh Kamal Raja Saheb Trust is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Sri Nabh Kamal Raja Saheb Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Thapers Limited Chartered Accountants Harpal House 14 Holyhead Road Handsworth Birmingham West Midlands B21 0LT
23 July 2025
This page does not form part of the statutory financial statements
Page 10
**SRI NABH KAMAL RAJA SAHEB TRUST**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**Donations received**
**Other income**
Government grants
Deposit account interest
**Expenditure**
Wages
Pensions
Rates and water
Insurance
Light and heat
Cleaning Charges
Priest costs
Telephone
Post and stationery
Advertising
Alarm service cost
Repairs and renewals
Computer & IT exp.
Sundry expenses
Accountancy
Legal and professional fees
**Finance costs**
Bank charges
Bank loan interest
Loan arrangement fees
**Depreciation**
Fixtures and fittings
Computer equipment
**NET SURPLUS**|**30/9/24**
**£**
**15,005**
**413**
**15,092**
**245**
**13,682**
**2,909**
**7,237**
**3,063**
**10,100**
**594**
**696**
**2,328**
**107**
**5,664**
**126**
**2,802**
**2,726**
**15,766**
**906**
**10,636**
**7,643**
**4,427**
**97**|**£**
**106,905**
**15,418**
**122,323**
**83,137**
**39,186**
**19,185**
**20,001**
**4,524**
**15,477**|30/9/23
£
-
264
15,138
245
15,063
2,603
14,848
673
12,750
748
-
3,327
652
4,495
-
1,587
997
-
1,080
2,605
-
4,740
108|£
166,059
264|
|---|---|---|---|---|
|||||166,323
73,126|
|||||93,197
3,685|
|||||89,512
4,848|
|||||84,664|
This page does not form part of the statutory financial statements
Page 11