COMPANY REGISTRATION NUMBER: 08002479
CHARITY REGISTRATION NUM8ER: 01146568
The Sant Zora Sln
hLo
on Charltable Trust
UK
Com
an
Limited b Guarantee
Unaudited Finan
tstem
nt
For the Year Ended 31al March 2024
'AD)55G61•
3111212024
COMPANIES HOUSE
A7
#148

The Sant Zora Sln
hLo
on Charitable Trust
UK
Com
an
Limited b Guarantee
Financlal Statements
For the Year Ended
111 March 2024
Contents
PAg•s 1- 8 Trustees, Annual Report (incorporating the Directorfs Report)
Pag• 7
Independent Examiners Report to the Trustees
Pago 8
Statement of Financial Activities (including Income and Expenditure Account)
Page 9
Statement of Financial Position
Paoes 10 . 19 Notes to the Financial Slatements

The Sant Zora Sln
hLo
on Charllable Trust
UK
Com
an
Limited b Guarantee
Trustees, Annual Re
ort
Incor
oratin
the Directorfs Re
ort
For the Year Ended 3111 March 2024
The trustees, who are also the directors for the purposes of company law, present their
report and the unaudited financial etatemente of tho charity for thc ycar cnded 3161 March
2024.
Reference and administratlve detalls:
Regist•red Charity Name:
The Sant Zora Singh Lopon Charitable Trust (UK)
Charity Reglstralion Number:
01146568
C¢xnpany Reglstration Numb•r:
08002479
Prlncipal (Xlice l Registered Office: 95 Woden Road
Park Village
Wolverhampton
West Midlands
WV10 OBB
The Trustses:
Dr K S Grewal
Mr P S Johal
Sant J Singh Lopon
Mr K S Bhandal
MrBSGill
Company Secretary:
Mr Perminder Johal
Independent Examiner:
Anand Associates
106 Walhouse Road
Walsall
West Midlands
WS128E

The Sant Zora Sln
Com
hLo
on Charltable Trust
UK
an
Limited b Guarants•
Trustees, Annual Re
For the Year Ended 3111 March 2024
ort
incor
oratin
the Director's Re
ort
Structure, governance and management
The charity is a Gompany limited by guarantee established by a momorandum of aGSOClation on 20
April 2011.
The trustees, who are also the directors for the purpose of company law, and who served during the
year, were..
Sant J Singh Lopon
Dr K S Grewal
MrBSGill
Mr P S Johal
Mr K S Bhandal
None of the trustees have any beneficial interest in the company. All of the Irustees are members
of the company and guarantee to contribute £10 in the evenl of a winding up.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that
systems are in place to mitigate exposure to the major risks,
ObJectlv•s and actlviti•s
We have referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our fvture activities.
Background Infomiatlon
The overall purpose of our trust is to form a supporting UK based arm of an extremely successful,
highly warded, and very well eslablished charitable and religious organisation in Lopon, Punjab,
India.
The numbered items below provide an insight of Ihe vast nature of the organisation in India. Not only
are you able to appreciate the ove￿helMjn9 achievements but also admire both the history and
complex corporate mechanisms installed over the decades.
There is a relentless desire to further spread the Sant Jagjit Singh Ji's divine unsurpassed tsachings
of God, Sikhism, bettering ourselves, and to encourage further charitable work. The
incomprehensible in¢￿asIng number of wortdwide devotees has called for logical expansion.
1- The Advancement ol the Slkh Rellglon
Fundamenialty the trust will revofve around the leachings of Sikhism via Ihe script of the holy bible -
The Guru Granth Sahib.
The Sikh concepts are and will be preached through reSioious semons conducted by His Holiness
Sant Jagjit Singh Ji (currently residing on Ihe divine Lopon throne). These are further distributed via
various media application, including television, audio (CD'S and tapes), publications (monthly
magazines), and a dedicated web address for a worldwide congregation.
Currently the UK trust committee hold monthly Satsang's {gatherings) where the congregation meet
and listen to religious sermons. It is our intention to increase the sermons to at least one or twice
every week. It must be noted when Sant Jagiit Singh Ji visit the UK. sermons are held every day

The Sant Zora Sfn
Com
hLo
on Charltable Trust
UK
an
Limited b Guarantee
Trustees. Annual Re
ort
incor
oratin
the Director's R•
ort
For the Year Ended 3131 March 2024
2 - The Prevention or Relief of Poverty
The trust aim is to develop and support the on-going projects which help the poor in India and provide
social assistance, encourage sustainable conservation and promote cultural activities for the long-
tem benefit of people regardless of their position in society. Rather than specialising in one field, it
seems more appropriate to be open to any worthwhile project that relieves povety and results in
social uplifting of the people. This may be achieved through improving health services, education,
housing, sanitation and water as well as conseNation of the environment and cultural programmes.
The trust headquarter in Lopon presently operate a 365 day. 24 hour Langer (free communal kilchen)
program whereby people from all classes of society received food and drink. Food and money is
donated by the fellowship devotees bolh foreign and local. All the preparation, cooking and the
washing-up is also done by voluntary helpers. In Support of the above the UK trust committee holds
a Langer programme once every month. We intend to increase the frequency of this very special
service.
3 - Tho Rellef ol Those In Need By Reason Olyouth. Age,111 Health Dlsability, Or
Flnanclal Hardshlp Or Other Dlsadvantage
The trust headquarters have helped countless povety struck families achieve a better chance of
life. The numerous strategies deployed are paying for weddings, paying off crippling debts and to
provide steppingstone career opportunities. The trust intends to support this challenging rnission
with various fund-raising events and advertisement campaigns throughout the UK.
4 - Advancement of Education
Over the decades, the trust headquarters in India have proudty established numerous education
institutions in the Punjab. This remarkable achievemenl was initiated by the gracious work of Sant
Darbara Singh (king of the holy throne) in the 1970's.
The Sant Darbara Singh College for Women (1971), Sant Darbara Singh College of Education for
Women (1976) and the Sant Darbara Singh Kanya Sen. Sec. School (1982) were built with the
following objectives:.
Uplift of society through women education
Develop the scene of duty towards less privileged members of society. Develop dignity of selfless
social service.
Check cultural and moral degradation and inculcating the habit of simple living and high thinking.
t)evelop all facets of human personality
Prepare efficient and enlightened teachers willing to serve the society
The Sant Oartjara Singh College for Women College provides financial assistance to needy students
from Student Aid Fund. This fund is supported by donations from worldwide devotees.
Recognising the importance of education, the UK committee currently hold Sunday classes to
provide children with the knowledge about Sikhism. Where various religious topics are presented
and discussed involving interaction between the children and the presenters. Classes include
teaching various musical instruments and reciting and learning religious poems and songs. It is
intended to expand these classes to the wider community once the trust is established. Programs
are to include teaching Punjabi (reading and writing), teaching musical instruments, reciting the Shri
Guru Granth Sahib, scheduling keep fit classes aimed at Asian females in order to promote good
health. Currently the Trust is in negotiation with several educational inslitutions in order to kick start
educational and training programs in rural parts of the Punjab in India.

The Sant Zora Sin
hLo
on Charitable Trust
UK
Com
an
Llmited b Guarantse
Trustees. Annual Re
ort
Incor
oratin
the Dlrector's Re
ort
For the Year Ended 314 March 2024
5 - Promotion of Religious and Raclal Harmony and Equality and Diversity
Religiou￿• and racial harmony ia promotcd through sormonvu ond prcaching thc acript of thc holy bible
The Guru Granth Sahib. Rejecting the caste system, equality of all people regardless of race,
gender, creed and ethnicity is a very strong belief in Sikhism.
Sant Jagjit Singh Ji preaches the importance of equality through regular sermons. His message and
divine story's has captured worldwide audiences through powerful media and internet tools.
In support, the UK committee, through teamwork and generous funding, has recently donated
recording equipment to enable the headquarters in India to inlernalty record Iheir own programs and
messages that can be accessed worldwide. Sani Jagjit Singh Jee
has made 2 trips to the UK
this year in order to promote religion and has conducted several sermons throughout the UK, in
temples and via interviews on dedicated TV channels.
6 - The Advancement of Health for the Publlc Benefit
The heafthcare in Punjab is mostly private whose doors are only open to the affluent. Inevitably,
this means the health and wellbeing of mE11ions of less privileged people becomes neglected. This
in time fonns a vicious circle of further poverty and unacceptable suffering. In recognilion, the
headquarters in Lopon have previously fvnded temporary eye camps to help the poor and needy.
This is extremely challenging and funding is sOme￿at scarce at times which mean these camps
are not available as often as the residing Sanvs would wish for. In support, the UK committee is
presently planning to promote good health through sport in the Punjab. There is a need to educate
people of the health benefits provided by participating in sport. To begin with we are looking at
ways in which we can improve the locaf sporting amenilies in the Punjab. Supplying local colleges
port equipment and encouraoement ore all on tho agcnda. Tho tru-
t donatod o chapatti
making machine to the charity headquarters in India. This machine can produco up to 3000
chapattis every hour. This food donation is made to the poor and needy of the deprived parts of
the Punjab and supports the community kitchen which is run on a 24 hrs basis
Achlevements and perforrnance
The charity continues to support all the activities for-mentioned. With the Sant Jagiit Singh Jee
making annual UK visits the charitys congregation continues to increase. This year the charfty has
donated over 300 blankets, including hygiene accessories. These were distributed in the
Wolverhampton, London, Birmingham, Leicester, We8t-Bromwich and Coventry.
Having an increasing congregation, the trust purchased an additional property in order to
accommodate the increase. The propety has been bought through donations given by the
congregation. The new premises will be used to provide homeless people food clothing and washin9
facilities. Further plans are to use the premises to tackle health care issues working with local doctor3
and health workers for the homeless.
The charity continues to support all the aclivilies for-menlioned. With the Sanl Jagiit Singh Jee
making annual UK visits the charity's congregation continues lo increase. This year the charity has
donated ovei 200 blankets, including hygiene accessories. These were distributed in the
Wolverhampton, and surrounding areas. Most of the building work has now been completed for the
new ashram. The Trust have now almost compleled the building work on Ihe extension of the ashram
building. The new extension will allow the Trust to carry out further charity work.

The Sant Zora
in
hLo
on Charitable Trust
UK
Com
an
Llmlted b Guarantee
Trustees. Annual Re
ort
Incor
oratin
the Dlr¢ctoY's Re
For the Year Ended 311 March 2024
Aohiovomonts and pertormanc• {contlnuad)
This will include, inviting the homeless a place to eat, wash and be given new clothes. The extra
space will also allow the trust to engage with the elderly and invite them to visit the ashram so that
they can engage in activities and socialise. This will help in their mental and physical wellbeing. The
Trust provided volunteers to help with getting medication to the venerable during the Covid-19
pandemic. This was ￿ceiVed very well by the local community and their response has be&n over
whelming. The pharmacy who the volunteers helped have pledged to help and support our charity
cause in R5ponse to Ihe vofunteer work the frust provbded. The trust had members volunteering for
help and support in the covid clinic. this was for Ihe full 12 months until the clinic stopped giving
vaccines. The Trusl continue to work alongside Wofverhampton outreach and provide weekly food
parcels for the venerable people who are homeless or of low income. The Trust have been providing
essentials to a local woman's refuse. The Trust will continue to support this cause and continue to
support all causes for-mentioned. The Trusl are now engaged in providing online classes for the
under 4yr olds and older children on the values of Sikhism, including the history of Sikhism. The Irust
organised trips for the classes who take online Punjabi lessons. This was viewed as a reward forthe
effort the children put in to learn Punjabi, both speaking and written. The Trust through kind
donations bought a minibus (16 seater). This will prove very useful for providing transport for the
homeless food deliveries and planned projects with the elderly {reengage). This year the Trust held
two reengage meetings with the area's elderly residents. Where valuable time was spent with the
elderly. Providing support and just to engage with them. This was taken very well by the residents,
and we will continue to support this great cause.
Flnanclal r•vl•w
The principal funding sources for Ihe Trust are from donations from the congregation. These
donations are madelcollected at sermons and monthly direct debits made by members of the
congregation.
If any extra funding is required for projects. the Trustees request a collection for such funds to the
congregation and funds are collected Ihrough this means. There are no plans for the Trust to invest
in any investment schemes, the Trust and the congregation feel that there should be a no risk policy.
The reserves held by the Twst are only from collectionsldonations made. The only funds held are
for running costs for the Trusts headquarters {i.e. energy bills, repairs, etc.). As there is a collection
each month, most of the costs are taken from this for the running of the Trust.
Plans for future perlods
The trust will continue to support the activilies in India and continualion of the trusts work in India
will also be followed here in the UK. There were donations made to Sangat TV in order to support
the media which spreads the values of Sikhism. Currently, the trust is developing plans to donale
money in order lo support health clinics in India. This will include blood donation camps (to aid blood
bank reserves), eye camps (provide free clinics to the poor and needy for general eye health care)
and support community kitchens. Water provisions will also be supported in rural area in the Punjab.
This will promote good health and local agricufture. There are also plans to donate to local UK
charities where the trust will decide which particular charities need support. The trustees made a
special visit to Edinburgh in Scotland on the invite of some local charities. The trust is to support
these charities by donating, food, hygiene accessories and blankets.

.The Sant Zora'sin
Com
hLo
on Charitable Trust
UK
an
Llrnited b Guarantee
Trustees. Annual Re
ort
incor
oratln
the Dlrector's Re
For the Year Ended 3111 March 2024
Plans for future perlods (contlnued)
Currently collections are being made to support this good cause. This Trust will continue to look for
new projects that require support. Either through donations or support. The extension work to the
Ashram is now almost complete this will provide a welcome extra space to carry out the charity
projects. In September the covid clinic will restart to administer vaccines ft)r the over 50's as a
booster. The Trust will volunteer to help and support this great cause. Finally, all the work carried
out at the Trust is purely on a volunteering basics. No one is paid. A lot of people donate their time
and money to support these causes.
Small company provlslons
This report has been prepared in accordance with Ihe provisions applicable to companies
entitled to the small company's exemption.
The trustees, annual report was approved on
board of trustees by:
95
and signed on behalf of the
Dr K S Grewal
Trustee

The Sant Zora Sln
hLo
on Charitable Trust
UK
Com
Llmited b Guarante•
Inde
endent Examiner's Re
ort to the Trustees ot
Th? Sant Zora Sin
hLo
on Charltable Trust
UK
For the Year Ended 3111 March 2024
I repDrt lo the trustees on my examination of the financial statements of the Sant Zora Singh
Lopon ChaTitable Trust (UK) ('%he charity.) for the year ended 3181 March 2024.
Responsibilities and Basis il Report
The trustees are also the directors of the company for the purposes of company law and are
responsible for the preparation of the financial statements. The trustees consider that an audit is
not required for the year under section 144{2) of the Charities Act 2011 {'the 2011 ACV) and that
an independent examination is needed.
Independent Examiner's Statement
I have completed my examination. I confimi that no matters have come to my attention in
onnection with the examination that give me cause to believe:
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act" or
2. the financial statements do not accord to those records,. or
3. the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fairf, view which
is not a matter considered as part of an independent examination.. or
4. the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance wth the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102>.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be rjrawn in this report in order to enable a proper understanding-of.the
accounts to be reached.
L8.11.LLtr
Anand Associates
Independent Examiner
106 Walhouse Road
West Midlands
WS12BE

The S nt Zora
Com
fn
ar
ble Trust
an
Llmlted b Guarantee
Statement of Financlal Activities
Includin
Income and Ex
endlture Account
For the Year Ended 3121 March 2024
2024
2023
Total
Funds
Unrestricted
Funds
Total
Funds
Not•s
Ineome and Endowments
Donations and Legacies
Rental Property Income
76,153
45,942
76,153
45,942
71,522
39,854
Total Income
122,095
122,095
111,376
Expenditur•
Expenditure on Raising Funds
Rental Propety Costs
Expenditure on Charitable Activities
23,403
98,732
23,403
98,732
17,099
78,214
Total Exp•ndltur•
122,135
122,135
95,313
Net Income l (Loss) and Movement
in Funds
(40)
(40)
16,063
Reeonciliation of Funds
Total Funds Brought Forward
560,947
560,947
544,884
560,907
660,907
560,947
Total Funds Carried Forward
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Th• not•s on pages 10 to 19 forni part of th•s• flnancial stat•m•nts.

The Sant Zora Sin
hLo
on
haritable Tru
Com
an
Limited b Guarantee
Statement of Financial
Position As at 31g March 2024
2024
2023
Fixed Assets
Tangible Fixed Assets
Investments
15
16
377,446
460,000
837,446
383.788
460,000
843.788
Current Assets
Debtors
Cash at Bank and in Hand
17
16.251
14.475
30.726
14.157
20.462
34,619
Credltors:
Amounts falling due within one year
18
54,654
40,412
Net Current Assets
Total Assets less Current LlabS1iti8s
23,928
813.518
5,793
837.995
Creditors:
Amounts talling due after more than one
year
19
252,611
277,048
Net Assets
560,907
560,947
Funds of the Charlty
Unreslricted Funds
560.907
560,947
Total Charlty Funds
21
560,907
560,947
For the year ending 31 $1 March 2024 the charity was entitled to exemption from audit under section 477
of Ihe Companies Act 2006 relaling to small companies.
The membets hava not required the company to oblain an audit of its financial staternents for the year
ended 3111 March 2024 in accordance with section 476 of the Companies Acl 2006.
The directors acknowledge their responsibilities tor complying with the requirements ol the Act with
respect lo accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subjecl lo Ihe small companies, regime.
These financial stalemenls were approved by the board of trustees and authorised for issue on
2fr/11 IJ
and are signed on behalf ot the board by:
Dr K S Grewal (Truslee)
The notes on pages 10 to 19 form part ol the8e linanclal stal•ment&

The Sant Zora Sln
hLo
on Charitsblè Trust
UK
Corn
an
Llmited b Guarantee
Notes to the Financial Statements
For the Y•ar Ended 311 March 2024
1. General Infomiation
The charity Is a public benefit entity and a private company limlted by guarantee, registered In
England and Wales and a registered charity in England and Wales. The address of the
registered office is 9S Woden Road, Park Village. Wolverhampton, west Midlands. WV10 OBB.
2. 8tat•m•nt ol Compllance
The financlal statements have been prepa￿d in compliance with FRS 102, "The Financial
Reporting Standard applicable in the UK and Republic of Ireland. the Statement of
Recornmended Praclice applicable to charilies preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {Charits'es
SORP {FRS 102)) and the Companles Act 2006.
3. Accounting Pollal•s
Basis of Pr•paratlon
The financlal statements have been prepared on the historical cost basis, as modified by the
revaluation of certaln flnanclal assets and liablllti8s and investment properties measured at lalr
value through income or expenditure.
The financlal ststements are prepared in steding. whlch is the functional currency of the entity.
Golng Con¢•rn
There are no material uncertainties about the charity's ability to continue.
Dl¥olosur• Ex•mptions
The entity satisfies the criteria ol being a qualifying entity as defined in FRS 102. As such.
advantage has been tsken of the following disclosure exemptions available under paragraph
1.12 ofFRS 102..
(a) No cash flow statement has been presented for the cy)mpany.
(b) Disclosures in respect of financial instruments have not been pres8nted.
Fund Agoountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestrlcted funds earmarked by the trustees for a partlcular future
project or commitment.
Restricted funds are subjected to restrictions on thelr expenditure declared by the donor or
through the terms of an appeal, and fall into one of trwo sub-classes: restricted income funds or
endowment funds.
io

The Sant Zora s.fn
hLo
on Charltable Trust
UK
Com
an
Limlted b Guarantee
Notes to the Flnancial Ststsments
For th• Year Ended 3111 March 2024
3. A¢¢ounting Policies (continued)
Inoomlng R•sour¢•s
All incoming resources are included in the statement of financial activf(ies when entitlement has
passed to the charity.. it is probable that the economlc benerits associated wlth the transackn'on
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
Income from donations or grants is recognised when there is evidence of entitlement to
the urt.re¢eipt is PYDbable and its amount can be measured reliably.
Legacy income is recognised when receipt is probable and entitlement Is established.
Income from donated goods is measured at the fair value of the goods unless this is
impracticable to measure reliabty, in which case the value is derived from the cost to
the donor or the estimated resale value. Donated facilities and sep4ices are recognised
in the accounts when received if the value can be reliably measured. No amounts are
included for the contribution of general volunteers.
Income from conlracls for the supply of servlces is recognised with the delivery of the
contracted serrfice. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspenL in ￿lch
case it may be regarded as restricted.
R•sour¢•s Exp•nd•d
Expenditure is recognised on an accruals basis as a liability Is incurred. Expenditure includ88
any VAT which cannot be lully recovered, and is classed under headings of the statement of
financial activities to which it relates;
Expendrfure on raising funds includes the cosls of all fundraislng actlvltles, events, non-
charitable trading aclivilies and the sale of donated goods.
Expenditure on charitable activilies includes all costs incurred by a Charlty In
undertaking activities that further ils charitable aims for the benefit of its beneficiaries,
including those support costs and costs relating to the governance of the charity
apportioned to charilable activits'es.
Expenditure on charilable activities thal further ils charitable aims for the benefit of its
beneficiaries, including Ihose support costs and costs relating to the governance of the
charity apportioned to charitable activities.
other expenditure includes all expendilure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categoriés reflecting the use of the resource. Direct ￿StS
attributable to a single activity are allocated directly to that activity. Shared costs are
apportioned be￿een the activities they contribute to on a reasonable, justifiable and consistent
basis.
Tangibl• Assets
Tangible assets are initially recorded at cost and subsequently stated at Cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
11

The Sant Zora Sfn
hLo
on Charltable Trust
UK
Com
an
Llmited b Guarantee
Notes to the Financial Statements
For the Y•ar Ended 31At March 2024
3. Accounting pollcies (Continued)
Tangibl• As$•ts {¢ontlnued)
An increase in the carrying amount of an asset as a ￿sU7t of a revaluation. is recognised in
other recognised gains and losses, unless it ￿verse$ a charge for impairment that has
previously been recognised as expenditure within the statement of financial activilies. A
decrease in the carrying amount of an asset as a result of rev81uation is recognised in olher
recognised gains and losses ex￿pt to which it offsets any previous revaluation gain, in which
case the loss is shown within other recognised gains and losses on the statement of financial
activities.
D•pr•olatlon
Depreciation is calculated so as lo write off the cost or valuatlon of an asset. less its residual
value, over the useful economic life of that asset as follows..
Freehold property
Motor Vehicles
Furniture & Equipment
1% straight line
33% reducing balance
20Yo Straight Ilne
Inv•stm•nts
Unlisted equity investments aré initially recorded at cost and subsequently measured at fair
value. If fair value cannot be reliably measured, assets are measured at cost less impaiment.
'Listed investments are Measure￿ ai faiT Iiahje'with changes in fair value being recognised in
income or expenditurE+.
Inv•stm•nl Pr•p•rty
Investmenl pioperty is initially recorded at cost, which includes purchase price and any directly
8ttributabl8 expenditure.
Investment propety is revalued to tts falr value at each reporting date and any changes fft fair
value are recognised in income or expenditure.
If a reliable measure of fair value is no longer available without undue cost or effort for an item
of investment property, it shall be transferred to tangible assets and treated as such until il is
expected that fair value will be reliably measured on an ongoing basis.
Inv•stm•nts In Assoolat•s
Inve51ments in asSDciat25 accounled for in accoTdance wth the cost model are recorded at cost
les5 accumulated impairment losses.
Investments in associates accounted for in accordance with the fair value model are infrtially
recorded at the transaction price. At each reporting date. the investments are measured at fair
value. with changes in fair value tsken through income or expenditure. Where it is impracticable
to measure fair value reliabty without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income
wtthout regard to whether the distributions are from a￿uMulated profits of the associate arising
before or after the date of acquisition.
12

The Sant Zora Sfn
Com
on Charitable Trust
UK
an
Llmlted b Guarant•e
Notes to the Financial Statsments
For the Year Endod 3111 March 2024
3. A¢¢ounting policies (eontinued)
Investments In joint Ventures
Investments in Jolntly controlled entlties accounted for in accordance with the cost model are
recorded at cost less any accumulated impairment losses.
Investments In jointly controlled entities accounted for in accordance with the fair value model
are initially recorded at the transaction price. At each reporting date. the investments are
measured at fair value, with changes in fair value taken through income or expenditure. Where
li 15'tlnprdcIKable to measure farvalue reliabty withoul undue cost or effort, the cost model will
be adoptea.
Dmdends and other dSstribulion5 received from Ihe inveslment are recognised as Income
Ihout regard to whether Ihe dislribulions are from accumulated profits of the joint venture
arising before or after the date of acquisition.
Impalmitnt of Flx•d Ass•ts
A revlew of indicators of impalrm8nt Is carried out at each report(ng date, with Ihe reo)verable
amount being estimated where such Indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing. when it is not possible to est'imate the recoverable
amount of an Individual asset, an estimate Is made of the recoverable amount of the cash
generating unit to whlch the asset belongs. The cash generating unit is the smallest identifiable
gTOUP of 2ssets1hat includes the'asset an(f generdtes cash inlfows Ihal are largely independent
of the cash inflows from olher assets or groups of assets.
For impairnient teslino of goodwill. the goodwill acquired in a business combination is. from the
acquisition date, allocated lo each of Ihe cash oeneraling units that are expected to benefit from
the synergies of the combinatlon. irrespective of whelher other assets or Ilabilities of the charity
are assigned to those units.
Gov•rnm•nt Grants
Government grants are recognised at the falr value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant does not impose speclfied future performance related conditions on the
recipient. it is recognised in income when the grant proceeds are ￿ceiVed or receivable. Where
the grant does impose specified future performance related conditions on the recipient, it Is
recognlsed in income onty when the performance related conditions have been met. Where
grants receivable are prior to satisfying the revenue recognition criteria, they are recognised as
a liability.
13

The Sant
ora Sln
hLo
on Charltable Trust
UK
Com
an
Llmited b Guarantee
Notes to the Financial Statements
For the Year Ended 3111 March 2024
3. Aocounting Policies (¢ontinued)
Finanaial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable
induding any related transaction costs, unless the arrangement constitutes a financial
transaction, where it is recognised at the present value of the future payments discounted at a
Tr27kel rats 01 inteTest foT a similar debl instrument.
Curtenl assets and currenl Siabilities are subsequentty measured at the cash or other
consideration expected to be paid or received and not discounted.
Llmlt•d by Guarant••
All of the trustees are members of Ihe company and guarantee to contribute £10 In the event of
a winding up.
0. Dgnatlons and L•gaol•s
Unrestricted
Funds
Total
Funds
Unrestricted
Funds
Total
Funds
202
2023
Donatlons
Donations
Charitable events
Grants
Government granl income
64.838
11,315
64,838
11,316
61,524
9,998
61,524
9,998
76,153
76,163
71.522
71,522
6. Rental Prop•rty Incom•
Unrestricted.
Funds
Total
Funds
Unrestricted
Funds
Total
Funds
2024
2023
Income from Investment propertles
45,942
46,942
39.854
39,854
7. ft•ntal Pr•perty Costs
Unrestricted
Funds
Total
Funds
Unrestricted
Funds
Totsl
Funds
2024
2023
Repairs and maintenance
utilities recharged to tenants
Mortgage interest
6.035
8.003
9.365
6,036
8,003
9,366
3,171
7.222
6,706
3,171
7,222
6,706
23,403
23,403
17,099
17,099
14

The
ant'zora.
In
hLo
on Charltable Trust
UK
Com
an
Llmlted b Guarantee
Notes to th• Flnancial Statements
For tho Year Ended 31￿ March 2024
8. Expenditure on Charitable activities by Fund Type
Unrestrlcted
Funds
Total
Funds
Unrestricted
Funds
Total
Funds
2024
2023
Supporting Sant Zora Singh Lopon
Charitable Trust
Support costs
97,232
97,232
76.186
76,186
98,732
98,732
78,214
9. Exp•ndltur• on Charllabl• A¢tlvltl•s by Aotlvlty Typ•
Activities
undertaken
directly
Support
Costs
Total
Funds
2024
Total
Funds
2023
Supporting Sant Zora Singh Lopon
Charitable Trust
Support costs
97,232
97,232
76,186
97,232
1500
98,732
78,214
10. Anafysls of Support Costs
Supportlng
Sant Zora
Singh Lopon
Charitable
Trust
Total
2024
Total
2023
Governance costs
Independent examiners fees
528
1.500
1,600
2,028
11. N•t In¢om•
Net income is stated after charging..
2024
2023
Depreciat'on of tsngible fixed assets
6,154
12. Ind•p•ndent Examlnatlon F••s
2024
2023
Fees payable to the independent examiner for..
Independent examination of financial statements
15

.The.Sant Zora Sln
Com
an
Lo
on Charltable Trust
UK
Limited b Guarantee
Notes to the Financial Statements
For tha Year Ended 3111 March 2024
13. Staff Costs
The average head count of employees during the year was 512023.. 5). The average nurnb8r of
full-time equivalent employees during the year is analysed as follows..
2024
No.
2023
No
Number of staff - trustees
The total staff costs and employee benefits for the reporttng period are analysed as follows:
024
2023
Number of staff - trustees
nll
nll
No employee received employee benefits of more than £60,000 during the year (2023 - nil).
14. Trust•• Remuneratlon and Exp•ns•s
No remuneration or other benefits from employment the char'rty or a ￿lated. entty were
received by the trustees.
No charlty expenses have been incurred by the trustee$.
16. Tanglbl• Flx•d assets
Land and
buildings
Motor
Vehicles
Furniture &
Equipment
Total
At 1 11 April 2023
Additions
At 31" Mar¢h 2024
388,186
5,700
19.589
743
413,476
743
388,186
5,700
20,332
414,218
D¢precl•tlon
At 1 sl April 2023
Charge for the year
At 31st March 2024
15,587
3,141
10,959
29,687
19,469
3,985
13,318
36,772
Carrylng amount
At 31 st Imarch 2024
368,717
1,715
7,014
377,446
At 318t March 2023
372,599
2,559
8,630
383,788
16

. .Tho Sant Zora Sfn
Com
hLo
on Charltabl• Trust
UK
Limited b Guarantso
Notes to the Financlal Statsm•nts
For the Year Ended 3111 March 2024
16. Investments
Inv•stment
Prop•rti•s
Cost or valu4tlon
At 1" April 2023 and 31 March 2024
Impairment
At 1st April 2023 and 31st March
2024 Carrying amount
At 1st April 2023 and 31st Mar¢h 2024
460 000
All inveslmenls shown above are held at valuation.
Inv•stment Propertl•s
The trustees have valued the investment property at £480,000 on 31 •1 March 2020 based on a
review of the local property mathet at that date.
17. Debtors
024
2023
PTepayments and accrued income
14.157
18. Cr•dltors: amounts fairing du• wlthln on• y•ar
2024
2023
Bank loans and overdrafts
Payments received on account
A(%ruals and deferred income
Rental deposits
26.016
26,875
24,138
9,037
4,500
40,412
64,664
19. Credltors: amounts falling due aft•r mor• than on• y•ar
2024
2023
Bank loans and overdrafts
252 611
277 048
Bank loans and overdrafts are secured on freehold property.
17

Tho Sant Zora Sfn
h'Lo
on Charftabl• Trust
UK
Corn
an
Limitsd b Guarantee
Not•s to th• Financlal Statements
For the Year Ended 3111 March 2024
20. Gov•rnm•nt Grants
The amounts recognised in the financial statements forgovernment gratts are as tollows.
2024
Govemment grants income
21. Anilysls of Charltable Funds
UnT•Strict•d Funds
1￿ Aprll
2023
31*1 Maroh
2024
Income
Expenditure
General funds
560 947
122 095
122 135
At
1# April
2022
At
3161 March
2023
Income
Expenditure
General funds
544 884
111376
21 Amfysls •f t4e* Ass•ts Betwo•n Funds
Unrestricted
Funds
2024
Total
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors due within 1 year
Creditors due after more than 1 year
N•t ass•ts
377,446
460,000
30,726
(54,654)
252611
377,446
460,000
30,726
(64,646)
262 611
560,907
660,907
Unrestricted
Funds
2023
Total
Funds
2023
Tangible fixed assets
Investments
Current assets
Creditors due within 1 year
Creditors due after more than 1 year
Not ass•ts
383,788
460,000
34,619
(40,412)
277 048
383.788
460,000
34,619
(40,412)
560,947
560,947
18

The Sant Zora Sin
Com
Limitsd b Guarantee...
Notss to the Financlal Statsments
For the Year Ended 3111 March 2024
23. Relatsd Parties
D.uring the year Ihe trustses.made donations to the charity wlthout condltions totalling
£13,588 (2023 - £8,527)
There were no other related party transactions requirlng disclosure.
19