##
##
##
##
##
##
##
##
##
|for the Year Ended|31August|2021||||
|---|---|---|---|---|---|
|||||31.8.21|31.8.20|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|E||
|INCOME AND ENDOWMENTS||FROM||||
|Donations and legacies|||2|890,052|241,451|
|Other income||||2,484||
|Total||||892,536|241,451|
|EXPENDITURE ON||||||
|Raising funds||||35,573|28,243|
|Charitable
activities||||||
|General
Kitchen Langar||||7,531
687||
|Oxygen concentrator||||5,547||
|Other||||49,665|72,190|
|Total||||99,003|100,433|
|NET INCOME||||793,533|141,018|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|||1,772,709|1,631,691|
|TOTAL FUNDS CARRIED FORWARD||||2,566,242|1,772,709|
##
|GURU NANAK SOCIETY OF LONDON
Balance Sheet
31August 2021|TRUST|||
|---|---|---|---|
|||31.8.21|31.8.20|
|||Unrestricted|Total|
|||fund|funds|
||Notes|E||
|FIXEDASSETS||||
|Tangible assets||4,787,385|4,754,654|
|CURRENT ASSETS||||
|Debtors
Cash at bank||66,618|20,000
69,535|
|||66,618|89,535|
|CREDITORS||||
|Amounts
falling due within one year|10|(9,197)|(16,071)|
|NET CURRENT ASSETS||57,421|73,464|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||4,844,806|4,828,118|
|CREDITORS||||
|Amounts
falling due affer more than one||||
|year||(2,278,564)|(3,055,409)|
|NET ASSETS||2,566,242|1,772,709|
|FUNDS|13|||
|Unrestricted
funds||2,566,242|1,772,709|
|TOTALFUNDS||2,566,242|1,772,709|
##
##
##
##
##
##
##
##
##
##
##
|RAISING FUNDS|RAISING FUNDS|||||
|---|---|---|---|---|---|
|Raising donations||and|legacies|||
|||||31.8.21|31.8.20|
|||||5|6|
|Sundries||||435||
|Supportcosts||||35,138|28,243|
|||||35,573|28,243|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)|||is stated after charging/(crediting):|||
|||||31.8.21
f|31.8.20
6|
|Depreciation|-owned|assets||6,644||
|NET INCOME/(EXPENDITURE)|
|---|
|Net income/(expenditure)
is stated after charging/(crediting):|
|Depreciation
-owned assets|
##
##
##
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##
##
|for|the Year Ended 31August|2021||||
|---|---|---|---|---|---|
|7.|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL|ACTIVITIES -continued|||
||||||Unrestricted|
||||||fund|
||||||6|
||RECONCILIATION OF|FUNDS||||
||Total funds brought forward||||1,631,691|
||TOTAL FUNDS CARRIED FORWARD||||1,772,709|
|8.|TANGIBLE FIXEDASSETS|||||
|||||Fixtures||
||||Freehold|and||
||||property
f|5ttings
f|Totals|
||COST|||||
||At 1 September 2020|4,754,654|||4,754,654|
||Additions||12,799|26,576|39,375|
||At31August 2021|4,767,453||26,576|4,794,029|
||DEPRECIATION|||||
||Charge for year|||6,644|6,644|
||NET BOOK VALUE|||||
||At 31August 2021|4,767,453||19,932|4,787,385|
||At 31 August 2020|4,754,654|||4,754,654|
||DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||31.8.21|31.8.20|
||||||6|
||Prepsyments||||20,000|
##
|for|
the Year Ended 31August|
2921|
2921|||||
|---|---|---|---|---|---|---|---|
|10.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||||
|||||||31.8.21
f|31.8.20|
||Trade creditors
Social security and other taxes|||||1,193
209|209|
||Wages|||||371|11,938|
||Accrued expenses|||||7,424|3,924|
|||||||9,197|16,071|
|11.|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN||ONE|YEAR|||
|||||||31.8.21|31.8.20|
|||||||E|6|
||Bank loans (see note 12)||||2.278,564||3,055,409|
|12.|LOANS|||||||
||An analysis
ofthe maturity|ofloans is given below:||||||
|||||||31.8.21|31.8.20|
||Amounts
falling due in more than||five years:|||||
||Repayable
by instalments:|||||||
||Bank loans more 5 yr by instal
Trustees' and Community
Loan||||1,977,056
161,508||2,172,279
713,980|
||||||2,|138,564|2,886,259|
||Repayable
otherwise
than|by instalments:||||||
||Loan from Sikh Association||||140,000||169,150|
|13.|MOVEMENT
IN FUNDS|||||||
|||||||Net||
||||||movement||At|
||||At|1.9.20
6||in funds|31.8.21
f|
||Unrestricted
funds|||||||
||General
fund||1,772,709||793,533||2,566,242|
||TOTAL FUNDS||1,772,709||793,533||2,566,242|
||Net movement
in funds, included||in the above are as follows:|||||
||||Incoming||Resources||Movement|
||||resources||expended||in funds|
|||||E|||6|
||Unrestricted
funds|||||||
||General fund||892,536|||(99,003)|793,533|
||TOTAL FUNDS||892,536||(99,003)||793,533|
##
##
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.9.19|in funds|31.8.20|
||||||F|
|Unrestricted|funds|||||
|General fund|||1,631,691|141,018|1,772,709|
|TOTALFUNDS|||1,631,691|141,018|1,772,709|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds
f|
|Unrestricted|funds|||||
|General fund|||241,451|(100,433)|141,018|
|TOTAL FUNDS|||241,451|(100.433)|141.018|
|A current yea|r 12months
and prior year|12months combined
position
isa|s follows:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.9.19|in funds|31.8.21|
||||6||
|Unrestricted|funds||||
|General fund||1,631,691|934,551|2,566,242|
|TOTALFUNDS||1,631,691|934,551|2,566,242|
|the above ar|e as follows:||||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources
E|expended
6|in funds
f|
|Unrestricted|funds||||
|General fund||1,133,987|(199,436)|934,551|
|TOTAL FUNDS||1,133,987|(199,436)|934,551|
##
##
##
|GURU NANAK SO
Detailed Statement
for the Year Ended|CIETYOF LONDON TRUST
ofFinancial Activities
31August 2021|||
|---|---|---|---|
|||31.8.21f|31.8.20
6|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||349,850|241,451|
|Loan donated||540,202||
|||890,052|241,451|
|Other income||||
|HMRC JRSGrant||2,484||
|Total incoming resources||892,536|241,451|
|EXPENDITURE||||
|Raising donations|and legacies|||
|Sundries||435||
|Charitable
activities||||
|Kitchen langar||687||
|Oxygen concentrator||5,547||
|Fixtures and fittings||6,644||
|||12,878||
|Support costs||||
|Management||||
|Wages||5,923|9,409|
|Rates and water||2,962|380|
|Light and heat||11,760|2,466|
|Sundries||1,486|1,651|
|||22,131|13,906|
|Finance||||
|Insurance||5,472|8,294|
|Bank charges||1,311|822|
|||6,783|9,116|
|Information
technology||||
|Repairs and renewals||120|2,688|
|Governance costs||||
|Loan Interest||49,656|62,667|
|Accountancy
and legal fees||5,000|2,000|
|Legal fees||2,000|10,058|
|||56,656|74,723|
##