2023-12-31-accounts - Guru Ka Niwas Gurudwara (Ramgarhia Board Sikh Temple)

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Trustees' Annual Report for the period

Period start date Period end date 01 01 2023 31 12 2023

From

Section A Reference and administration details

Charity name Guru Ka Niwas Gurudwara (Ramgarhia Board Sikh Temple) Other names charity is known by Registered charity number (if any) 1142433

Charity's principal address 1 Rothesay Gardens

Wolverhampton West Midlands Postcode WV4 6FD

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Kuldeep Singh Burmi
2 Kuldeep Kaur Juss
3 Kamaljit Kaur Devsi
4 Kuldip Kaur Chana
5 Avtar Singh Bansal
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Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of	advisers (Optional information)	advisers (Optional information)
Type of adviser	Name	Address




Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

(eg. trust deed, constitution)

Constitution

How the charity is constituted Trust (eg. trust, association, company) Trustee selection methods Committee

(eg. trust, association, company)
(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

Guru Ka Niwas Gurudwara (Ramgarhia Board Sikh Temple) is the Wolverhampton is a faith led ‘not for profit’ organisation dedicated to practising and promoting selfless service in the name of the Sikh Faith.

Its mission is the propagation, practice and advancement of the Sikh Faith based on the tradition of the ten Sikh SatGuru Sahibs and the doctrine of Aad Siri SatGuru Granth Sahib Ji.

March 2012

TAR

With over 40 years of development and fortification from its Gurdwara Sahib in Wolverhampton City Centre, Guru Ka Niwas Gurudwara (Ramgarhia Board Sikh Temple) continues steadfast in its endeavours to fuse faith values of love, compassion, humility, sacrifice, service, truthfulness, and forgiveness in our secular lives and thus creating peace and sustained happiness within ourselves, our families, our communities and universe. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

March 2012

TAR

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

March 2012

TAR

Section D Achievements and performance

Summary of the main The trustees are pleased with the performance of the Temple this achievements of the charity year. The congregation has grown in the year as more of the community has during the year come to pray and worship. Further investment was made by continuing renovating the Kitchen and proposing the future of upgrading the Carpark.

March 2012

TAR

Section E Financial review

Brief statement of the charity’s policy on reserves

Details of any funds materially in deficit

The Chairty holds reserves of £1,357,491 (2022: £1,318.287) which is unrestricted funds. These funds are held in order to meet any unforeseen expenditure that may occur.

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Kuldeep Singh Burmi

Position (eg Secretary, Chair, Chair etc)

Date 21/05/2025

March 2012

TAR

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE) FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

HKM & CO. LTD CHARTERED CERTIFIED ACCOUNTANTS 2ND FLOOR 48 QUEEN STREET WOLVERHAMPTON WV1 3BJ

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE)

Charity Information

Registered Charity Address

1 Rothesay Gardens Wolverhampton West Midlands WV4 6FD

Trustees

Kuldeep Singh Burmi Kuldeep Kaur Juss Kamaljit Kaur Devsi Kuldip Kaur Chana Avtar Singh Bansal

President

Avtar Singh Bansal

General Secretary

Kuldeep Singh Burmi

Treasure

Kuldip Kaur Chana

Accountants

HKM & Co Ltd Chartered Certified Accountants 2nd Floor Wolverhampton West Midlands WV1 3BJ

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE)

Approval statement

We approve the financial statements for the year ended 31 December 2023 which comprise of the Income and Expenditure account, the Balance Sheet and the related notes. We acknowledge our responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing HKM & Co Ltd with all information and explanations necessary for their compilation.

Mr K S Burmi General Secretary

16 April 2025

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE)

Accountants' report on the unaudited accounts

You have approved the Financial Statements for the year ended 31 December 2023 which comprise the Income and Expenditure account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

HKM & Co Ltd Chartered Certified Accountants 2nd Floor 48 Queen Street Wolverhampton West Midlands WV1 3BJ

16 April 2025

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE) Statement of Financial Activities for the year ended 31 December 2023

Incoming resources Donations Grants Direct Expenses - Event Management Food & Langar Costs Gross profit Total incoming resources Resources expended Wages, salaries and other staff costs Car, van and travel expenses Rent, rates, power and insurance costs Repairs and renewals Telephone, fax, stationery and other office costs Advertising and business entertainment costs Interest on bank and other loans Bank, credit card and other finance charges Donations Accountancy, legal and other professional fees Depreciation Other business expenses Total resources expended Net movement in funds Total funds brought forward Total Funds carried forward	2023 £ 226,627 21,763 4,203 19,871 224,316 224,316 86,482 - 45,952 10,967 552 100 7,120 3,585 75 7,347 21,850 1,082 185,112 39,204 1,318,287 1,357,491	2022 £ 200,472 19,938 9,058 31,075 180,277 180,277 36,719 612 54,551 5,348 2,159 3,435 7,738 3,523 1,502 3,223 25,732 1,916 146,458 33,819 1,284,468 1,318,287

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE) Balance Sheet as at 31 December 2023

Notes Fixed assets Equipment, machinery and motor vehicles 3 Other fixed assets 4 Current assets Bank/building society balances Cash in hand Other current assets and prepayments Current liabilities Trade creditors Loans due within 1 year Other liabilities and accruals 5 Net current liabilities Loans due after more than one year 6 Net assets Funds of the Charity: Unrestricted funds: General funds Total Charity Funds	17,043 2,394 2,653 22,090 16,063 7,743 16,473 40,279	2023 £ 111,591 1,454,389 1,565,980 (18,189) (190,300) 1,357,491 1,357,491 1,357,491	6,701 - 4,119 10,820 44,018 37,662 3,050 84,730	2022 £ 128,620 1,454,389 1,583,009 (73,910) (190,812) 1,318,287 1,318,287 1,318,287

The notes at pages 6 to 8 form part of these accounts

Approved by the trustees on date and signed on their behalf by:

Mr K S Burmi General Secretary

16 April 2025

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE) Notes to the Accounts for the year ended 31 December 2023

1 Basis of preparation

The financial statements have been prepared under the historic cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP), applicable UK Accounting Standards and the Charities Act 2011.

2 Income and Expenditure account analysis General Funds Donations Cost of sales Other direct costs - Event Management Food and Langar Costs Food & Langar Costs Other income Rents/Grants Wages, salaries and other staff costs Wages and salaries Pensions Employer's NI Car, van and travel expenses Motor expenses Rent, rates, power and insurance costs Rates & Water Rates Light and heat Property insurance Service charges Repairs and renewals of property and equipment Repairs and maintenance Provisions and Sundry Supplies Telephone, fax, stationery and other office costs Telephone and fax Stationery and printing Advertising and business entertainment costs Advertising and PR Interest on bank and other loans	2023 £ 226,627 4,203 19,871 21,763 85,125 - 1,357 86,482 - 6,947 32,698 5,070 1,237 45,952 10,967 507 45 552 100	2022 £ 200,472 9,058 31,075 19,938 36,623 96 - 36,719 612 2,966 45,560 4,881 1,144 54,551 5,348 2,038 121 2,159 3,435

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE) Notes to the Accounts for the year ended 31 December 2023

Mortgage Interest Bank, credit card and other finance charges Bank charges Hire purchase and lease interest Donations Donations Accountancy, legal and other professional fees Accountants fees Other legal and professional Depreciation and loss/(profit) on sale Depreciation Other business expenses Other expenses	7,120 2,138 1,447 3,585 75 3,712 3,635 7,347 21,850 1,082	7,738 2,076 1,447 3,523 1,502 3,223 - 3,223 25,732 1,916

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE) Notes to the Accounts

for the year ended 31 December 2023

3 Plant, machinery and motor vehicles Plant and machinery £ Cost At 1 January 2023 74,050 Additions 4,821 At 31 December 2023 78,871 Depreciation At 1 January 2023 28,515 Charge for the year 12,589 At 31 December 2023 41,104 Net book value At 31 December 2023 37,767 At 31 December 2022 45,535 Fixed Asset Additions CCTV Cameras Upgrade Roti Maker Machine 4 Other fixed assets Premises as at 1 January 2021 Additions Premises 5 Other Liabilities and Accruals Accruals - Accountancy HMRC PAYE 6 Loans due after more than one year Bank loan due after 1 year	Motor vehicles £ 14,880 - 14,880 5,357 1,905 7,262 7,618 9,523	Spare £ 114,597 - 114,597 41,035 7,356 48,391 66,206 73,562 2023 £ 2,821 2,000 4,821 2023 £ 1,454,389 1,454,389 2023 £ 3,600 12,873 16,473 2023 £ 190,300	Total £ 203,527 4,821 208,348 74,907 21,850 96,757 111,591 128,620 2022 £ 1,443,699 10,690 1,454,389 2022 £ 3,050 3,050 2022 £ 190,812

Charity Reg. No. 1142433

GURU KA NIWAS GURUDWARA (RAMGARHIA BOARD SIKH TEMPLE) Notes to the Accounts for the year ended 31 December 2023

Bank loan is secured on the freehold property of the charity.

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of Guru Ka Niwas Gurudwara (Ramgarhia Board Sikh Temple) On accounts for the year Charity no 1142423 ended 31[st] December 2023 (if any) Set out on pages 4 & 5 of the Financial Statements I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023. Responsibilties and As the charity's trustees, you are responsible for the preparation of the basis of report 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 I have completed my examination. I confirm that no material matters have
examiner's statement come to my attention in connection which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities 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.

Signed: Name: Relevant professional qualification(s) or body (if any): Address:	Harjinder Kumar Momi Date:	22/05/2025

	Harjinder Kumar Momi

	The Association of Chartered Certified Accountants

	Second Floor, 48 Queen Street, Wolverhampton, WV1 3BJ

Oct 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER