## **Trustees’ Annual Report for the period** **From** 01/04/2024 **To** 31/03/2025 **Charity name:** Shri Guru Tegh Bahadhur Gurdwara **Charity registration number:** 1146231 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance the Sikh religion in Nuneaton**
**for the benefit of the public.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Holding of prayer meetings.**
**Holding of seminars.**
**Public celebration of religious festivals.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Confirmed.**| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |||**The continued maintenance and upkeep**| |||**of the Gurdwara, and the advancement of**| |Summary of the main
achievements of the charity,|Para 1.20|**the Sikh religion in Nuneaton.**| |identifying the difference the||| |charity’s work has made to||| |the circumstances of its||| |beneficiaries and any wider||| |benefits to society as a||| |whole.||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Charity’s reserves increased during**
**the year as a result of more donations**
**and a grant being received from**
**Nuneaton & Bedworth Borough Council.**
**The Charity is in a strong position**
**financially.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**All reserves held are unreserved, and are**
**therefore available to all aspects of the**
**Gurdwara**| |Amount of reserves held|Para 1.22|**£99,706**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**N/A**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**| |**Additional information (optional)**
You may choose to include further statements||where relevant about:| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Donations from the public – i.e. people**
**who visit the Gurdwara.**| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution adopted 1 January 2012**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated trust.**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Appointed by existing trustees.**| ## **Reference and Administrative details** |Charity name|**Shri Guru Tegh Bahadhur Gurdwara**| |---|---| |Other name the charity uses|| |Registered charity number|**1146231**| |Charity’s principal address|**Unit 1&2, Marlborough Road**
**Nuneaton**
**Warwickshire**
**CV11 5PG**| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Avtar Singh Rai|||| ||KuldipSingh Basra|||| ||Nirmal Singh|||| ||GurmejSingh|||| |||||| |||||| |||||| |||||| |||||| |||||| Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information** ## **Names and addresses of advisers** |**Names and addresses of advisers**|**Names and addresses of advisers**|**Names and addresses of advisers**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |Accountants|Sachdev & Co.|5 Albany Road, Coventry, CV5 6JQ| |||| |||| |||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Gurmej Singh **Position (eg Secretary, Chair, etc)**[Trustee ] **Date** 23/01/2026 CHARITY COMMISSION FOR ENGLAND AND WALES Shri Guru Tegh Bahadhur Gurdwara Charity No Annual Accounts for the Period 0110412024 To 1146231 3110312025 Section A Statement of financial activities Restricted income funds Recommended categories by activity Unrestricted funds Endowment funds Prior year funds Total funds Incoming resources (Note 3) Income and endowments from: Donations and legaryes Charitable actiwb.es F01 F02 F03 F04 F05 S01 S02 52,121 52,121 57,226 Othertrading acbvities Investrnents S03 2,910 21,198 2,910 21,198 700 13,066 S04 Separate material item of incom$ Other $05 $06 3,600 79,829 3,600 79,829 6,269 77,261 Total Resources expended (Note 6) Expenditure on". Raising fvnds Charitable activities S07 S08 S09 37,812 37,812 56,480 Separate rnaterial item ¢f expense Other S10 S11 487 38,299 487 38,299 565 57,045 Total S12 Net incomel(expenditure) before investment gainsl(losses) S13 41,530 41,530 20,216 Net g8inslllossesl on investments S14 Net incomel(expenditure) Extraordinary items Transfers. between funds Other recognised gainsl(losses): S15 41,530 41,530 20.216 S16 S17 Gains and losses on rev8luation offixed assets torthe ch8riVs own use S18 Other gainslllossesl S19 Net movement in funds S20 41,530 41,530 20,216 Reconciliation of funds." Total funds brou9ht forward S21 377,742 419,272 377.742 419,272 357,526 377 742 Total funds carried forward S22 Section B Balance sheet Restricted Income funds Unrestricted funds Endowment Tolal thls funds year Total last year Fixed assets Intangible assets Tangible assets Heritsge assets Investments F01 F02 F03 F04 F05 (Note 15) (Note 14) (Note 16) (Note 17) Total fixed assets 801 802 319,566 319.566 319,566 B03 B04 BOS 319,566 319,566 319,566 Current assets Stocks (Note 18) Debtors (Note 19) Investments (Note 17.4) Cash at bank and in hand (Note 24) Total current assets B06 B07 B08 B09 99,706 99,706 99.706 99,706 58,176 58.176 B10 Creditors: amounts falling due within one year (Note 20} B11 Net current assets/(liabilities) 812 99,706 99,706 58.176 Total assets less current liabilities B13 419,272 419,272 377,742 Creditors: amounts falling due after one year (Note 20) Provisions for liabilities 814 815 Total net assets or liabilities Funds of the Charity Endowment funds (Note 27) Restricted income funds (Noto 27) Unrestricted funds Revaluation reserve B16 419,272 419,272 377,742 B17 B18 819 419,272 419,272 377,742 B20 Total funds B21 419.272 419,272 377,742 Signed by one or ￿0 trustee5 on behalf of all the trustees Date of approval ddlmml Signature Print Name Gurme Sin 2310112026 Section C Notes to the accounts Note 1 Basis of preparation This section should be completed by all charities. 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. 1.2 Going concern If there are material uncertainties related to events or conditions that cast significant doubt on the charity s ability to continue as a going concern, please provide the following details or state -Not applicable", rfappropriate." An explanation as to those factors that support the conclusion that the charity is going cOn￿m. Disclosure of any uncertainties that make the going concern assumption doubtful,. Not applicable Not applicable .Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going COn￿rn. Not applicable 1.3 Change of accounting policy The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.2 Yes" No" Please disclose.- (i) the nature of the change in accounting policy." Not applicable (li) the reasons why applying the new accounting policy provides more reliable and more relevant information,. and Not applicable (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adj'ustment relating to periods before those presented, 3.44 FRS 102 SORP. Not applicable 1.4 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). Yes. No" Please disclose.. (i) the nature of any changes,. Not applicable (li) the effect of the change on income and expense or assets and liabilities for the Current period,. and Not applicable (iii) where practicable, the effect of the change in one or more future periods. Not applicable 1.5 Material prior year errors No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). Yes" No. Please disclose.. (i) the nature of the prior period error,. Not applicable (li) for each priorperiod presented in the accounts, the amount of the correction for each account line item affected,. and Not applicable (iii) the amount of the correction at the beginning of the earliest prior periodpresented in the accounts. Not applicable Section C Notes to the accounts {¢ontl Note 2 2.2 INCOME Accounting policies This standard lisl of accounb'ng policies has been applied by the Gharily ex￿p1 for those licked 'No" or 'N/a-. Where a different or addition81 policy has b8en adopted then this is detailed in the box below. Recognition of income These are included in the Statement of Financial Acb"vilies ISOFAI when.. the charity becomes entitled lo the resOur￿S,. it is more likely than not that the trustees will retsive the resources., and the monetary value can be measured with sufficient reliability. Yes No Nla There has been no offsetting of assets and liabilities, or income and expense5, unless required or permitted by the FRS 102 SORP or FRS 102. Yes No Nla Offsetting Yes No Nla Grants and donations are only included in the SOFA when the general income recognf(ion criteria are mel15.10 to 5.12 FRS102 SORPI. Grants and donatlons In the case of performan￿ related grants, income must only be recognised to the extent that the charity has provided the spocrfied goods or servitss as entitlement to the grant only 0￿UrS when the perfomance related conditions are mel15.16 FRS 102 SORPI. Legacies are included in the SOFA when receipt is probable. that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached lo the legacy are either within the Control of the charity or have been mel. Yes Nla Legacles Yes No Nla Yes No Nla Government grants The charity has received government grants in the feporting period Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift amount recovered on a donation is considered to be part of that gfft and is treated as an addition lo the sarne fund as the initial donation unless the donor or the lems of the appeal have specified otherwise. Yes No Nla Tax reclaims on donations and gifts Yes No Nla Contractual Income and This is only included in the SOFA once the charity has provided the related goods or perforniance related services or met the perfoman¢e related eondilions. grants Yes No Nla Donated goods Donated goods are measured at fair value Ithe amount for which the asset could be exchanged) unless impractical to do so. The cost of any stoek of goods donated for distribution to beneficiaries is deemed lo be the fair value of those gifts al the lime of their reeeipt and they are recognised on re￿ipl. In the reporting period in which the stocks are distributed, they are re¢ognised as an expense al the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected ￿$1S of saSe, and recognised in 'lncome from other trading activities. with the corresponding stock recognised in the balan sheet. On its sale the value of stock is charged againsl'lncorne from other trading aclivilies. and the proceeds from sale are also recognised as 'lncome from other trading activities,. Yes No Nla Nla Yes No Yes No Nla Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SOFA as incoming ￿sourceS when receivable. Yes No Nla Grfts in kind for use by the charity are included in the SOFA as income from donations when re¢eivable. Donated services and facilities are included in the SOFA when ￿ceiVed at the value of the grft to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are re¢ognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Yes No Nla Donated services and facilitles Yes No Nla Yes No Nla Supwrt costs The charity has incurred expenditure on sUPPOrt costs. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees, annual report. Yes No Nla Income from interest, royalties and dividends No This is included in the accounts when receipt is probable and the amount re￿Ivable can be measltred reliably. es Nla Income from membership Membership subscripty'ons re￿iVed in the nature of a grft are recognised in Donations subscriptions and Legacies. Yes No Nla Membership subscriptions which gives a member the right to buy Serva￿S or other benefits are recognised as in¢ome earned from the provision of goods and servi￿$ as income from charitable activities. es No Nla Settlement of insurance claims Insurance daims are only included in the SOFA when the general income recognition criteria are met {5.10 to 5.12 FRS102 SORPI and are induded as an item of other income in the SOFA Yes No Nla Investment gains and losses This indudes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investrnenls lo market value at the end of the year. Yes No Nla 2.3 EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructwe obligation committing the charity lo pay out resou￿$ and the amount of the obligation can be measured with reasonable certainty. Support costs have been allocated between govemance costs and other supporL Governan￿ costs comprise all wsts involving public accountability of the charity and its Complian￿ with regulation and good practice. Yes No Wa es Governance and support Support costs indude central functions and have been allocated to activty cost categories on a basis consistent with the use of resourtss, ￿ allocating property costs by floor areas, or per capits, staff costs by the time spent and other costs by their usage. Yes No Nla Grants with perforniance condÈtions Where the charity gives a grant with conditions for its payment being a speeffje level of service or output lo be provided, such grants are only recognised in the SOFA On￿ the recipient of the grant has provided the speafied Servi￿ or output. Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. es No Nla Grants payable viithout perforniance conditions Yes No Wa Redundan¢y cost The charity made no redundancy payments during the reporting period. Yes No Nla Deferred income No material item of deferred income has been included in the accounts. Yes No Wa Yes No Nla Creditors The char¢ty has creditors whieh are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required lo settle the obligation at the reporting date The charity attounls for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Yes No Nla Basic financial instruments Yes No Nla 2.4 ASSETS Tangible fixed assets for These are capitalised rf they can be used for more than one year, and cost at least £2,000 use by charity They are valued al cost. Yes No Nla Intangible fixed assets The charity has intangible fixed assets, that is. non-monetary assets that do not have physi￿1 SUbStsn￿ bul are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 Yes No Nla es No Nla I ney are vaiueo ai cosi. Herltage as$ets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution lo knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. Yes No Nla Yes No Nla They are valued at cost. Investments Fixed asset investments in quoted Sha￿8, traded bonds and sirnilar investments are valued at initially at cost and subsequently at fair value (their market value) al the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case il is measured al cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity dale of less than 1 year are treated as current asset investments Yes No Nla Yes No Nla Yes No Stocks and work In progress stocks held for sale a5 Part of non-charilable trade are measured at the lower or cost or net realisable value. Nla Good5 or services provided as part of a eharitsble activity are measured al nel realisable value based on the service potential provided by items of stock. Yes No Nla Work in progress is valued at cost less any foreseeable loss that is likely to occur on the Contract. Yes No Nla Debtors {in¢luding trade debtors and loans re￿IVable} are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured al the cash or other consideration expected lo be re￿ived. The charity has has investments which il holds for resale or pending their sale and cash and cash equivalents with a maturity dale less thon one year. These include cash on deposit and cash equivalents with a maturity dale of less than one year held for investment purposes rather than to meet short tem cash comrnitments as they fall due. Yes No Nla Debtors Yes No Nla Current asset Investsnents Yes No Nla They are valued at fair value except where they qualify as basic financial instruments. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE Section C Notes to the accounts (cont) Note 3 Analysis of income Restricted income funds Unrestricted funds Endovllnent funds Total funds Prior year Anal ifts sis Donations and legacies: Donations and Gift Aid Le acies General grants provided by governmenuother charities Membership subscriptions and sponsorships which are in Substan￿ donations 47,121 47,121 46,167 11,059 5.000 5,000 Donated Other oods, facilities and seniices Total 52,121 52.121 57,226 Charitable activities: Other Total Other trading activities: G m Income Hall Hire Other 2,910 700 Totsl 2,910 700 Income from investments: Interest income Dividend income Rental and leasin Other 673 673 441 income 20,525 20,525 12,625 Totsl 21.198 21.198 13,066 Separate material item of income: Total Other: Monies from Sikh Mission Da Centre Gain on disposal of a tangible fixed asset held for chari 's own use Gain on disposal of a programme related investment Royalties from the exploitation of intellectual property rights Other 3,600 3,600 6,269 Total 3,600 3,600 6,269 TOTAL INCOME 79,829 76,919 77,261 Other infonnatlon: All income In the prlor year was unrestricted except for: (please provide descrlptlon and amounts) NIA Where any endowment fund Is converted Into income In the reporting period, please give the reason for the converslon. NIA withln the income Items above the following Items are material: (please disclose the nature, amount and any prior year amounts) NIA Section C Notes to the accounts (cont) Note 6 Analysis of expenditure Restricted income funds Unrestricted funds Endowment funds Total funds Prior year Analysis Incurred seeking donations Incurred seeking legacies Incurred seeking grants Operating membership schemes and social lotteries Expenditure on raising funds: Staging fundraising events Fudraising agents Operating a trading company undertaking non-charitable trading activi Advertising, marketing, direct mail and ublici Start up costs incurred in generating new source of future income Other trading activities Investment management costs: Investment administration costs Intellectual propety li￿nCing costs Rent collection. property repairs and maintenance charges Totsl expenditure on raising funds Expenditure on charitsble acttvities Day-to-day running costs Donations made out 37,812 37,812 56,480 Totsl expenditure on charitable activities 37,812 37,812 56,480 Separate material itsm of expense Totsl Other Bank char Rental ro es 272 215 272 215 206 359 expenses Total other expenditure 487 487 565 TOTAL EXPENDITURE 38.299 38.299 57,045 Section C Notes to the accounts (cont) Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 14.1 Cost or valuation Freehold land & buildings Other land & buildings Plant, machlnery and motor vehicles Fixtures, fittings and equipment Total At the beginning of the year Additions 150,000 109,727 59,839 319,566 Revaluations Disposals Transfers . At end of the year 150,000 109,727 59,839 319,566 14.2 Depreciation and impairments 'Basis SL SL SL SL Rate At beginning of the year Disposals Depreciation Impairment Transfers. At end of the year 14.3 Net book value Net book value at the beginning of the year Net book value at the end of the year • 150,000 109,727 319,566 150,000 109,727 59,839 - 2k? 319,566 Section C Notes to the accounts (cont) Note 24 Cash at bank and in hand This year Last year Short tsrm cash investsnents (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total 99,706 58,176 99.706 58,176 **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Shri Guru Tegh Bahadhur Gurdwara **members of On accounts for the year ended**[31][st][ March 2025 ] **Set out on pages** 1-13 **Charity no (if any)**[1146231 ] **Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. ## It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - • to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with general Directions given **examiner’s statement** by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. - **Independent** In connection with my examination, no matter has come to my attention - **examiner's statement** 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |**Signed:**|||**Date:**| |---|---|---|---| ||||| |**Name:**|Dr Rakesh Sachdev BSc MSc PhD FCCA ACA||Dr Rakesh Sachdev BSc MSc PhD FCCA ACA| 1 **IER** **Relevant professional** ICAEW & ACCA **qualification(s) or body (if any): Address:** 5 Albany Road Coventry CV5 6JQ ICAEW & ACCA 2 **IER**