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|Contents||||||Page|
|---|---|---|---|---|---|---|
|Report ofthe Trustees||(including|Directors' Report)||||
|Independent|Auditor's<br>Report|||||9-12|
|Consolidated|Statement|of FinancialActivities||(including|Income &|13|
|Expenditure|Account)||||||
|Consolidated|and Charity|Balance|sheets|||14-15|
|Consolidated|Cash Flow|Statement||||16|
|Notes forming part ofthe Financial|||Statements|||17-29|





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||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|
|||Notes|fundf|fund<br>f|Total funds<br>f|Total funds<br>f|
|INCOME AND|ENDOWMENTS||||||
|FROM|||||||
|Donations<br>and|legacies||438,000|612,000|1,050,000|1,551,000|
|Advertisement|income||74,000||74,000|66,000|
|Total Income and endowments|||512,000|612,000|1,124,000|1,617,000|
|EXPENDITURE|ON||||||
|Charitable<br>activities|||478,000|697,000|1,175,000|1,504,000|
|Total expenditure|||478,000|697,000|1,175,000|1,504,000|
|NET INCOME /|(EXPENDITURE)||34,000|(85,000)|(51,000)|113,000|
|RECONCILIATION<br>OF FUNDS|||||||
|Fund balance brought<br>forward<br>at 1September|||285,000|85,000|370,000|257,000|
|TOTAL FUNDS <br>FORWARD AT|CARRIED<br> 31AUGUST||319,000||319,000|370,000|



## 



||||SANGAT TRUST (Company<br>Number 07355264)|SANGAT TRUST (Company<br>Number 07355264)|SANGAT TRUST (Company<br>Number 07355264)|||
|---|---|---|---|---|---|---|---|
||||Consolidated|and Charity Balance Sheet At|31August 1012|||
|||||Group|Group|Charity|Charity|
|||||2022|2021|2022|2021|
||||Notes|||||
|FIXEDASSETS||||||||
|Intangible<br>assets|||11|50,000|50,000|||
|Tangible assets|||12|20,000|11,000|||
|Investments|||13|||||
|||||70,000|61,000|||
|CURRENT ASSETS||||||||
|Debtors|||14|105,000|95,000|166,000|164,000|
|Cash at bank|and|in hand||745,000|757,000|717,000|733,000|
|||||850,000|852,000|883,000|897,000|
|CREDITORS||||||||
|Amounts<br>falling due within|||15|(577,000)|(501,000)|(652,000)|(508,000)|
|one year||||||||
|NET CURRENT ASSETS||||273,000|351,000|231,000|389,000|
|TOTAL ASSETS LESSCURRENT||||343,000|412,000|231,000|389,000|
|LIABILITIES||||||||
|CREDITORS||||||||
|Amounts<br>falling due more than|||15|(24,000)|(42,000)|||
|one year||||||||
|NET ASSETS||||319,000|370,000|231,000|389,000|
|FUNDS||||||||
|Restricted<br>funds|||16||85,000||121,000|
|Unrestricted|funds||16|319,000|285,000|231,000|268,000|
|TOTAL FUNDS CARRIED|||21|319,000|370,000|231,000|389,000|
|FORWARD||||||||





||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
|Cash flows from operating|activities:||||||
|NET (EXPENDITURE) / INCOME for the reporting|||period (as per the||(51,000)|113,000|
|statement<br>offinancial<br>activities)|||||||
|Adjustments<br>for:|||||||
|Depreciation|||||4,000|2,000|
|Increase<br>in debtors|||||(10,000)|13,000|
|Increase<br>in creditors|||||58,000|364,000|
|Net cash generated<br>from operating||activities|||1,000|492,000|
|Cash flows from investing|activities:||||||
|Purchase oftangible assets|||||(13,000)|(6,000)|
|Net cash used<br>in financing|activities||||(13,000)|(6,000)|
|Change<br>in cash and cash equivalents||in the reporting||period|(12,000)|486,000|
|Cash and cash equivalents|at 1September||||757,000|271,000|
|Cash and cash equivalents|at 31August||||745,000|757,000|
|Cash and cash equivalents|consist of:||||||
|Cash at bank and<br>in hand|||||745,000|757,000|
||||||745,000|757,000|





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|.|DONAT|IONS|AND LEGACI|ES||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||f|f|
|Donations||||||1,050,000|1,551,000|
|Advertisement|||income|||74,000|66,000|
|||||||1,124,000|1,617,000|
|4.|EXPENDITURE ON CHARITABLE ACTIVITIES|||||||
|||||2022|2022|2022|2021|
|||||Grants|Support|||
|||||payable<br>(See note 5)|costs<br>(See note 6)|Totals<br>f|Tota Is<br>f|
|||||f|f|||
|Charitable||activities||697,000|478,000|1,175,000|1,504,000|
|||||697,000|478,000|1,175,000|1,504,000|



## 

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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f|f|
|Mool Mantar|Asthan||||10,000|8,000|
|Kar Sewa Patna Sahib|||||29,000|163,000|
|Guru<br>Ki Kashi|||||30,000|12,000|
|Humanitarian|Aid- Farmers'||Families|||147,000|
|Humanitarian|Aid- Farmers'||Support||10,000|122,000|
|Sheetal<br>Kund|Gurdwara||||7,000|8,000|
|Medical Fund|||||104,000|257,000|
|Sangat Eye Camp|||||41,000|28,000|
|Langar Sewa|||||93,000|172,000|
|Other Donations||||||1,000|
|GNNSJ- Kar Sewa Harmandir|||Sahib (Amritsar|Sahib)|253,000|(9,000)|
|Sangat Aid Advertising||Costs||||135,000|
|SCSSikligar|||||2,000||
|Indonesia<br>Floods Fund|||||5,000||
|Baba Kashmir|Singh (Bhuriwale)||||1,000||
|Nepal Earthquake<br>Fund|||||111,000||
|Pingalwara|||||1,000||
||||||697,000|1,044,000|





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|.<br>SUPPORT|COSTS||||
|---|---|---|---|---|
||||2022|2021|
||||Totals|Totals|
||||6|f|
|Other5upport|costs||128,000|115,000|
|Wages(Note|8)||104,000|92,000|
|Television<br>broadcasting||costs|176,000|179,000|
|Rent &rates|||52,000|58,000|
|Depreciation|(Note 12)||4,000|2,000|
|Bank charges|||3,000|3,000|
|Governance|costs||11,000|11,000|
||||478,000|460,000|



## 

|||2022|2021|
|---|---|---|---|
|||6|E|
|Auditor's|remuneration|3,500|3,500|
|||3,500|3,500|



## 

||||2022|2021|
|---|---|---|---|---|
||||E|f|
|Wages|and|salaries|104,000|92,000|
||||104,000|92,000|





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|0. COMPARATIVES<br>FOR THE|STATEMEN|T OF FINANCIAL ACTIVITI|ES||
|---|---|---|---|---|
|||Unrestricted<br>fund|Restricted<br>fund|Total funds|
|||||2021|
|||||E|
|INCOME AND ENDOWMENTS|FROM||||
|Donations<br>and legacies||538,000|1,013,000|1,551,000|
|Advertisement<br>income||66,000||66,000|
|Total||604,000|1,013,000|1,617,000|
|EXPENDITURE ON CHARITABLE|||||
|ACTIVITIES|||||
|Support costs||449,000||449,000|
|Governance<br>costs||11,000||11,000|
|Grants paid and related costs|||1,044,000|1,044,000|
|Total||460,000|1,044,000|1,504,000|
|NET INCOME||144,000|(31,000)|113,000|
|RECONCILATION<br>OF FUNDS|||||
|Total funds brought forward||141,000|116,000|257,000|
|TOTAL FUNDS CARRIED FORWARD||285,000|85,000|370,000|





## 

|1.INTANGIBLE FIXED ASSETS||||
|---|---|---|---|
|||App||
||Licence Costs<br>E|Development<br>f|Total<br>E|
|COST||||
|At 1September 2021|45,000|5,000|50,000|
|Additions||||
|At 31August 2022|45,000|5,000|50,000|
|NET BOOK VALUE||||
|At 31August 2022|45,000|5,000|50,000|
|At 31August 2021|45,000|5,000|50,000|



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|2. TANGIBLE FIXEDASSETS||
|---|---|
||Plant and|
||machinery|
||(including|
||motor|
||vehicles)|
||f|
|COSTS||
|At 1September 2021|178,000|
|Addition|13,000|
|At 31August 2022|191,000|
|DEPRECIATION||
|At 1September 2021|167,000|
|Charge for year|4,000|
|At 31August 2022|171,000|
|NET BOOK VALUE||
|At 31August 2022|20,000|
|At 31August 2021|11,000|





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||2022|2021|||
|---|---|---|---|---|
||f|E|||
|Sangat TV Limited|||||
|Turnover|639,000|497,000|||
|Expenses|(546,000)|(521,000)|||
|Net Assets/ (liabilities)|56,000|(37,000)|||
|Sangat 1Limited|||||
|Net assets|100|100|||
|14. DEBTORS|||||
||Group|Group|Charity|Charity|
||2022<br>E|2021<br>f|2022f|2021<br>E|
|Trade debtors|18,000|5,000|||
|Amounts<br>owed by group undertakings|||160,000|157,000|
|Other debtors|57,000|59,000|5,000|6,000|
|Prepayments|30,000|31,000|1,000|1,000|
||105,000|95,000|166,000|164,000|





|15.CREDITORS: AMOUNTS|15.CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|
||||Group|Group|Charity|Charity|
||||2022|2021|2022|2021|
||||f|f|E|E|
|Trade creditors|||3,000|43,000|78,000|53,000|
|Other creditors|||6,000|8,000|||
|Accruals|||568,000|450,000|574,000|440,000|
|TOTALFUNDS|||577,000|501,000|652,000|493,000|
|CREDITORS: AMOUNTS|FALLING DUE||Group|Group|Charity|Charity|
|MORE THAN ONE YEAR|||2022<br>E|2021<br>E|2022f|2021<br>f|
|Other creditors|||24,000|42,000|||
|TOTALFUNDS|||24,000|42,000|||



## 

|6.MOVEMENT<br>IN GROUP FUND|S|||||
|---|---|---|---|---|---|
||At 1September 2021|Net movement|in funds|At 31August 2022||
||E||E||E|
|Unrestricted<br>funds||||||
|General fund|285,000||34,000||319,000|
|Restricted funds||||||
|Restricted<br>fund|85,000||(85,000)|||
|TOTAL FUNDS|370,000||(51,000)||319,000|
|et movement<br>in funds, included|in the above are as follows:|||||
||Incoming resources<br>E|Resources expended<br>E||Movement|in funds<br>f|
|Unrestricted<br>funds||||||
|General fund|512,000|478,000|||34,000|
|Restricted funds||||||
|Restricted<br>fund|612,000|697,000|||(85,000)|
|TOTAL FUNDS|1,124,000|1,175,000|||(51,000)|





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||At|1September 2020|Net movement|in funds|At 31August 2021|
|---|---|---|---|---|---|
|||E||E||
|Unrestricted<br>funds||||||
|General fund||141,000||144,000|285,000|
|Restricted funds||||||
|Restricted fund||116,000||(31,000)|85,00|
|TOTAL FUNDS||257,000||113,000|370,000|



||Incoming resources|Resources expended|Movement|in funds|
|---|---|---|---|---|
||E|E||E|
|Unrestricted<br>funds|||||
|General fund|604,000|460,000||144,000|
|Restricted funds|||||
|Restricted fund|1,013,000|1,044,000||(31,000)|
|TOTAL FUNDS|1,617,000|1,504,000||113,000|





## 

|17. RELATED|17. RELATED|PARTY DISCLOSURES|PARTY DISCLOSURES||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Transactions||with Sangat TV Limited|||||||||
||||||||2022|2021|||
||||||||f|f|||
|Advertising<br>paid to Sangat TV Limited||||||565,000||430,000|||
|Intercompany||balance due to Sangat Trust||||115,000||112,000|||
|Transactions||with Sangat 1Limited|||||||||
||||||||2022|2021|||
||||||||f|f|||
|Intercompany||balance due to Sangat Trust||||45,000||45,000|||
|At the|end of|the year the following|amounts||were owed||from:||||
||||||||||2022<br>f|2021f|
|Guru|Nanak|Nishkam<br>Jatha (Birmingham)||UK|||||3,000||
|Guru|Ki Kashi (Akal University)||||||||10,000||
|At the|end of|the year the following|was due by|||Sangat Trust to:|||||
|Dhillon Farm||Veg (UK) Ltd|||||||||
|Guru|Nanak|Nishkam<br>Jatha (Birmingham)||UK|||||1,000||
|Guru|Ki Kashi (Akal University)||||||||6,000||
|During|the year the Trust received||the following|||donations|from:||||
|Guru|Nanak|Nishkam<br>Jatha (Birmingham)||UK|||||||
|Guru|Ki Kashi (Aka I University)||||||||||
|Sangat TV donation|||||||||20,000||





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|20. FINANCIAL INSTRUMENTS|20. FINANCIAL INSTRUMENTS|20. FINANCIAL INSTRUMENTS|20. FINANCIAL INSTRUMENTS||||||
|---|---|---|---|---|---|---|---|---|
|The carrying amounts ofthe charity's||||financial instruments||are as follows:|||
||||||||2022|2021|
||||||||E|f|
|Financial assets|||||||||
|Measured at fair value through|||SOFA:||||||
|-Cash at bank and|in hand||||||745,000|757,000|
|Debt instruments|measured|at|amortised||cost||||
|-Trade debtors|||||||18,000|5,000|
|-Other debtors|||||||42,000|45,000|
|Financial liabilities|||||||||
|Measured<br>at amortised<br>cost:|||||||||
|-Trade creditors|||||||3,000|43,000|
|-Other creditors and accruals|||||||574,000|458,000|
|Measured<br>at fair value through<br>-Bank loan|||SOFA:||||24,000|42,000|





## 

|1. ANALYSIS OF NET ASSETS BETWEEN|FUNDS|||
|---|---|---|---|
||Unrestricted<br>funds|Restricted funds|Total|
||2022|2022|2022|
||E|E|E|
|Fixed Assets|70,000||70,000|
|Debtors|105,000||105,000|
|Cash at bank|745,000||745,000|
|Creditors (due within one year)|(577,000)||(577,000)|
|Creditors (due more than one year)|(24,000)||(24,000)|
||319,000||319,000|
||Unrestricted<br>funds|Restricted funds|Total|
||2021|2021|2021|
||E|E|E|
|Fixed assets|61,000||61,000|
|Debtors|95,000||95,000|
|Cash at bank|672,000|85,000|757,000|
|Creditors (due within one year)|(501,000)||(501,000)|
|Creditors (due more than one year)|(42,000)||(42,000)|
||285,000|85,000|370,000|