2022-03-31-accounts

Nishkam Healthcare	Trust's	Approach
Trustees' Report
Report ofthe Independent		Auditors
Statement of Financial Activities
Balance Sheet
Cash flaw Statement
Notes tothe Financial	Statements

			Unrestricted	Restricted	2022	2021Total
			fund	fund	Total funds	funds
		Notes	6	6	6	6
Income from donations and legades:
Donations Grants Income from other trading	activities		30,000		30,000	30,856 10,000
Commercial trading operations Other income Rental Income			1,529,194 15,954 56,501		1,529,194 15,954 56,501	1,069,724 49,400
Total Income			1,631,649		1,631,649	1,159,980
Expenditure
Costs ofraising funds:
Commercial trading operations Expenditure on charitable actlviues:			1,149,221		1,149,221	1,049,945
Charitable activities			165,399		165,399	90,673
Total expenditure			1,314,620		1814,620	1,140,618
Net Income/(expenditure) In fundsforthe year	and net movement		317,029		317,029	19,362
Recondgatlon offunds:
Fund balance brought forward			508,142		508,142	488,780
Total funds carried forward			825,171		825,171	508,142

				2022	2021
			Notes	6	6
Cash flows from operating activities:
Cash generated from operations Tax paid Government Grant			1	323,784 940	48,258 (17,421) 2,445
Net cash from operating activities				324,724	33,282
Cash flows from investing activities:
purchase oftangible fixed assets Sale oftangible fixed assets				(4,712)
Net cash from investing activities				(4,712)
Increase/(decrease) in cash and cash equivalents				320,012	33,282
Cash and cash equivalents at the beginning ofthe reporting		period		351,740	318,458
Cash and cash equivalents atthe end ofthe reporting	period			671,752	351,740

. Reconciliation of	net in	com	e to net cash Row from	operating activities
					2022	2021
					6	6
Net Income forthe reporting			period (as per the statement ofRnandal actMtles)		317,029	19,364
Adjustments for:
Tax charge in subsidiaries					1,704	836
Depreciation charges					12,792	13,740
Decrease/(increase)	in stocks				(6,982)	14,145
Decrease/(increase)	in debtors				(37321)	(15,289)
(Decrease)/increase	in creditors				37,602	17,907
Government Grants					(940)	(2,445)
Cash and cash equivalents		at	the end ofthe repordng	period	323,784	48,258

Start	ofyear	Cashfiowa	Atthe end ofyear
	351,740	320,012	671,752

summary financial pe	rfo	rmance ofthe charity alone	Is:			.
			Unrestricted	Restricted	2022	2021Total
			fund	fund	Total funds	funds
			E	E	E	E
Income from Donations	and legacies:
Donations Income from charitable	activities:				30,000	33,500
Government Grants Income from other trading		activities;				10,000
Other income			15,000		15,000
Investment Income			115~2		115,382	72,523
Totallncome					160,382	116,023
Expenditure on charitable		activities:
Supportcosts Premises Costs			52/04 82,244		52,204 82,244	18,505 46,301
Governance costs			5,700		5,700	5,700
Staff costs			25,251		25,251	20,767
Total expenditure			165,399		265/99	91,273
Net Income/(expenditure) in funds forthe year		and net movement	(5,017)		(5,017)	24,750
Reconcgiatlon offunds
Fund balance brought forward			341,828		341,828	317,078
Total funds carried forward			336411		336,811	341,828
3. Income from Rental
					2022	2021
					E	E
Room rentals received					56,501	49,400

Nishkam Pharmacy Umited:
	2022	2021
	6	E
Turnover Cost ofsales	967,581 717~	1,023,869 743860
Gross Profit	250,11$	280,009
Administration expenses	483,128	307,082
	(2$$,015)	(27,073)
Other operating income	558,270	28,194
Operating Progt and Profit before Taxation	325,255	1,121
Tax on profit	1,$71	862
Retained In Subsidiary		259
The net assets and Rabgitles ofthe subsidiaries were:
Fixed assets	68,090	68,672
Current assets Current liabilities	766468 ~180,223	472,798 ~i0.658
Total assets less current liabilities	654,735	330,812
Provisions for liabilities	(2,628)	(2,089)
Net assets	652,107	328,723
Aggregate share capital and reserves	652,107	328,723

			2022	2021
Turnover Cost ofsales			E 163411 834	E 6,952 213
Gross Profit Administration expenses			15,577 18,022	6,739 14,856
Operating Profit and ProRt before Taxatlon Government Grants Tax Retained In subsidiary			(AS( 940 167 ~3.935)	(8,117) 2,445 26 (5.646)
The net assets and Rabgitles ofthe subsidiaries		were:
Fixed assets Current assets Current liabilities			17,078 22,294 ~(35.953	22,228 17,550 ~36354
Total assets less current Provisions for liabilities	liabilities		23~19 ~335)	24,924 ~343)
Net assets			23,244	24,582
Aggregate share capital and reserves			23,244	24,582

.Analysis of	expenditure	forthe year e on charitable activities	nded 31March 2022
			Management	Governance	Totals
				COSt
				E
Supportcosts			52,204		52,204
Premises costs			82,244		82,244
Governance	costs			5,700	5,700
Staff costs			25,251		25,251
Total			159,699	5,700	165,399
.Analysis of	governance	and support costs
			Administration	Governance	Totals
				cost
				E
Audit fees				5,700	5,700
Accountancy	fees		2,030		2,030
Cleaning			2,86$		2,$6$
Security costs			6,588		6,5$8
Repairs &renewals			20,700		20,700
Professional	fees		7,701		7,701
Administration			9,969		9,969
Depreciation			2,348		2,34$
Total			52,204	5,700	57,904

7. Group Net (expenditure)	/income
Net (expenditure)/income	is stated after charging:
		2022	2021
		E	E
Auditor's remuneration		12,700	12,900
Depreciation -owned assets		11,904	12,852
Computer software amortisation		888	888
Total		25392	26,640
8. Group staff costs
		2022	2021
		E	E
Wages and salaries		182,168	185,047
Social security costs		9,732	9,609
Pension costs		2,894	2,910
Total		194,794	197,566

			2022	2021
			Number	Number
Trading			12	14
Charitable	activities		1	1
Total			13	15
1. Taxatlon
			2022	2021
			E	E
Current Tax
UK Corporation		Tax	1,332	1,230
Deferred	Tax		372	(394)
Total			1,704	836

					Unrestricted	Restricted	2021Total
					fund	fund	funds
					E	6	6
Income from donations		and legacies:
Donations					30,856		30456
Grants					10,000		10,000
Income fmm charitable		activities:
Commercial trading operations					1,069,724		1,069,724
Investment Income					49,400		49,400
Total					1,159,980		1,159,980
Expenditure
Cost ofraising funds:
Commercial trading operations					1,049,945		1,049,945
Expenditure on charitable			actMtles:
Charitable activities					90,673		90,673
Total expenditure					1,140,618		1,140,618
Net income/(expenditure)			and net movement	In funds forthe year	19,362		19,362
Reconcglations offunds:
Fund balance brought	forward				488,780		488,780
Total funds carried forward					508,142		508,142
13. Group Intangible	Hxed		Assets
							Computer
							software
							E
Cost
At 1April 2021
and 31March 2022							24,446
Amortlsation
At 1April 2021							22,818
Charge forthe year							888
At 31March 2022							23,706
Net Soak Value
At31March 2022
At 31March 2021							1,628

	Improvements	Fixtures and	Motor	Totals
	to property	fittings	vehicle
	E	E
Costs
At 1April 2021 Additions Disposals	108,969	72,635 4,712	9,682	191,286 4,712
At31March 2022	108,969	77,347	9,682	195,998
Depredation
At 1April 2021 Charge for the year	46,339 5,766	46,988 5,245	3,735 893	97,062 11,904
Disposal
At 31March 2022	5' 105	52~233	4p628	108,966
Net BookValue
At 31March 2022	56p864	25'114	Sp054	87J032
At 31March 2021	62,630	25,647	5,947	94,224
Charity Tangible Fixed Assets
	Improvements	Fixtures and		Totals
	toproperty	Rtttngs
Costs
At 1April 2021 and 31March 2022	23477 r	23,243		46,720
Depreciation
At 1April 2021 Charge forthe year	18,525 2,348	23,243		41,768 2,348
At 31March 2022	20,873	23,243		44,116
Net BookValue
At31March 2022
At 31March 2021	4,952			4,952

6.Stock
			Group	Group	Charity	Charity
			2022	2021	2022	2021
			E	E	E	E
Pharmaceutical		products	49,412	42,430
7.Debtor	s
			Group	Group	Charity	Charity
			2022	2021	2022	2021
			E	E	E	E
Trade debtors			227426	202,001	12,273	515
Other debtors			8,804	717	2,300	539
Prepayments			4,391	3,825	1,420	783
VAT			24,030	21,087
Amounts	owed	by group undertakings			25,430	28,326
Total			265,051	227,630	41,422	30,163

18.Creditors: Amounts falling due within one year
	Group	Group	Charity	Charity
	2022	2021	2022	2021
	E	E	E	E
Trade creditors	159,753	131,517	10,117	1,161
Other creditors	20	37,963
Accruals	67,994	32,596	52,269	8,002
Deferred Income	11,970		11,970
Social security and other taxes	6,276	5,003	912	732
Total	246,013	207,079	75,267	9,895

			Group	Charity
			E	E
Balance	as at 1April 2021
Amount	deferred from income earned from charitable	activities	11,970	11,970
Balance	as at31March 2022		11,970	11,970

							At 1April 2021	Net movement	At31March
							E	in funds	2022
								E
Unrestricted		Funds
Unrestricted		fund					508,142	317,029	825,171
Net movement		in funds, included			in the above	are as follows:
							Incoming	Resources	Movement In
							resources	expended	funds
							E	E	E
Unrestricted		funds
Unrestricted		fund					1,631,649	1,314,620	317,029
Comparatives		for movement		in group funds
							At 1April 2020	Net movement	At31March
							E	In funds	2021
								E
Unrestricted		Funds
Unrestricted		fund					488,780	19,362	508,142
Comparative	net movement			in funds, included		in the above are as follows:
							Incoming	Resources	Movement in
							resources	expended	funds
							6	6	E
Unrestricted		funds
Unrestricted		fund					1,159,980	1,140,618	19362
21. Analysis	ofnet assets between funds
								Unrestricted	Unrestricted
								fund	fund
								2022	2021
								E	E
Fixed assets								87,772	95,852
Stocks								49,412	42,430
Debtors								265,051	227,630
Cash at bank		and In	hand					671,752	351,740
Creditors —amounts			falling	due	within one year			(246,013)	(207,079)
Creditors —amounts			more	than	one year			(2,803)	(2,431)
Balance as at		31March 2022						825,171	508,142

			2022	2021
			E	E
During the	year the group purchased the following services:
Nishkam Civic Association			2,475	900
Nishkam Security Limited			7,238	3,504
During the	year, the group paid the following	rent:
Guru Nanak	Nishkam Sewa Jatha (Birmingham)	UK	73,128	30,000
Dudng the	year, the group received the following donations:
Guru Nanak	Nishkam Sewa Jatha (Birmingham)	UK	30,000	30,000
During the	year, the group provided the following services:
Guru Nanak	Nishkam Sewa Jatha (Birmingham)	UK		5,455
Nlshkam School Trust				87
At the end	ofthe year the group owed the fogowlngr
Guru Nanak	Nishkam Sewa Jatha (Birmingham)	UK	34,728

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