2023-03-31-accounts

CONTENTS	Pages
Nishkam Healthcare Trust's Approach
Trustees' Report	Sto6
Nishkam Pharmacy
Nishkam Dental Care	8to9
Nishka m Mental and Emotional Wellbeing	10
Events at Nishkam Healthcare Centre
Trustees Responsibilities Statement	12
Independent Auditor's Report	13to 16
Consolidated Statement of Financial Activities	17
Consolidated Balance Sheet	18
Consolidated Cash Flow Statement	19 to 20
Notes tothe Consolidated Financial Statements	21to 30

						2023	2022	2023	2022
						Group	Group	Charity	Charity
						funds	funds	funds	funds
					Notes	E	E	E	E
Income from	donations		and legacies
Donations						30,000	30,000	348,700	30,000
Income from	other trading			activities
Commercial trading operations						1,268,599	1,529,194
Rental Income						60,670	56,501	75,339	115,382
Other income						15,478	15,954 i	15,406	15,000
Totalincome						1;374,747	1,631,649	439,445	160,382
Expenditure
Raising funds:	Commercial			trading operations		1,240,001	1,149,221
Charitable activities						145,512	165,399	145,512	165,399
Total expenditure						1,385,513	1,314,620	145,512	165,399
Net income/(expenditure)				and net movement		(10,766)	317,029	293,933	(5,017)
in funds for the year
Reconciliation	offunds:
Fund balance	brought	forward				825,171	508,142	336,811	341,828
Total funds carried forward						814,405	825,171	630,744	336,811

			Group	Group	Charity	Charity
		Notes	2023f	2022 f	2023 f	2022 f
Fixed Assets
Intangible assets		11		740
Tangible assets		12	80,163	87,032	5,491	2,604
Investments		13			186,991	186,991
			80,163	87,772	192,482	189,595
Current Assets
Stocks		14	47,281	49,412
Debtors		15	267,063	265,051	98,224	41,422
Cash at bank and in	hand		710,279	671,752	462,930	181,061
			1,024,623	986,215	561,154	222,483
Creditors: Amounts	falling due within one year	16	(288,255)	(246,013)	(122,892)	(75,267)
Net Current assets			736,368	740,202	438,262	147,216
Provision for liabilities			(2,'126)	(2,803)
Current assets less	totalliabilities		734;242	737,399	438,262	147,216
Net assets			814,405	825,171	630,744	336,811
Funds
Unrestricted funds		18/19	814,405	825,171	630,744	336,811

						2023	2022
					Notes	E	E
Cash flows from operating	activities:
Cash generated from operations						44,173	323,784
Tax paid
Government Grant							940
Net cash from operating activities						44,173	324,724
Cash flows from investing	activities:
Purchase of tangible fixed	assets					(5,646)	(4,712)
Sale oftangible fixed assets
Net cash from investing activities						(5,646)	(4,712)
Increase/(decrease) in cash and cash equivalents						38,527	320,012
Cash and cash equivalents	at the beginning	ofthe reporting		period		671,752	351,740
Cash and cash equivalents	at the end ofthe reporting		period			710,279	671,752

						2023	2022
						E	E
Net income for the reporting			period (as per the statement		offinancial	(10,766)	317,029
activities)
Adjustments for:
Tax charge in subsidiaries						(677)	1,704
Depreciation charges						13,255	12,792
Decrease/(increase)	in stocks					2.131	(6,982)
Decrease/(increase)	in debtors					(2,012)	(37,421)
(Decrease)/increase	in creditors					42,242	37,602
Government Grants							(940)
Cash and cash equivalents		at	the end ofthe reporting	period		44,173	323,784

Start	ofyear	Cashf low	At the end of
			year
			E
	671,752	38,527	710,279

Nishkam Pharmac	y Limi	ted:
				2023	2022
				E	f
Turnover				1,225,087	967,581
Cost of sales				872,396	717,468
Gross Profit				352,691	250,113
Administration expenses				376,149	483,128
				(23,458)	(233,015)
Other operating	income			39,451	558,270
Operating Profit	and Profit before Taxation			15,993	325,255
Tax on profit				394	(1,871)
Profit after tax				16,387	323,384
Donation to NHT				318,700
Retained in Subsidiary				(302,313)	323,384
The net assets and liabilities ofthe subsidiaries			were:
Fixed assets				62,596	68,090
Current assets				464,584	766,868
Current liabilities				(175,153)	(180,223)
Total assets less	current	liabilities		352,027	654,735
Provisions for liabilities				(2,233)	(2,628)
Net assets				349,794	652,107
Aggregate share	capital	and reserves		349,794	652,107

	Nishkam Dental Care Li	mited:
						2023	2022
						E	E
	Turnover					26,885	16,411
	Cost ofsales					8,072	834
	Gross Profit					18,813	15,577
	Administration expenses					21,482	18,022
	Operating Profit and Profit before Taxation					(2,669)	(2,445)
	Government Grants						940
	Tax					283	167
	Retained in subsidiary					(2,386)	(1,338)
	The net assets and liabilities ofthe		subsidiaries	were:
	Fixed assets					12,076	17,078
	Current assets					26,342	22,294
	Current liabilities					(17,560)	(15,953)
	Total assets less current	liabilities				20,858	23,419
	Provisions for liabilities						(175)
	Net assets					20,858	23,244 .
	Aggregate share capital	and reserves				20,858	23,244.
5.	Analysis ofexpenditure	on charitable	activities
					Management	Governance	Totals
						cost
						E
	Support costs				43,881		43,881
	Premises costs				52,053		52,053
	Governance costs					5,700	5,700
	Staff costs				43,878		43,878
	Total				139,812	5,700	145,512

Analysis ofgo	vernance and support costs
		Administration	Governance	Totals
			cost
			E
Audit fees			5,700	5,700
Accountancy	fees	1,698		1,698
Cleaning		4/115		4,115
Security costs		8,897		8,897
Repairs g. renewals		14,735		14,735
Professionalfees		3,000		3,000
Administration		8,678		8,678
Depreciation		2,758		2,758
Total		43I881	5,700	49,581

Net (expe	ndit	ure)/income is stated after charging:
			2023	2022
			E	E
Auditor's	remuneration		11,680	12,700
Depreciation		- owned assets	12,514	11,904
Computer	software amortisation		740	888
Total			24,934	25,492
roup staff	costs
			2023	2022
			E	E
Wages and salaries			219,178	189,668
Social security		costs	8,425	9,732
Pension costs			3,292	2,894
Total			230,895	202,294

			2023	2022
			Number	Number
Trading			12	12
Charitable activities			2	1
Total			14	13
Taxation
			2023	2022
			E	E
Current Tax
UK Corporation	Tax			1,332
Deferred Tax			(677)	372
Total			(677)	1,704
Group Intangible		Fixed Assets
				Computer
				software
				E
Cost
At 1April 2022
				24,446
Amortisation
At 1April 2022				23,706
Charge for the year				740
At 31March 2023				24,446
Net Book Value
At 31March 2023
At 31March 2022				740

	Improvements	Fixtures and	Motor	Totals
	to property	fittings	vehicle
	E	E	E
Costs
At 1April 2022	108,969	77,347	9,682	195,998
Additions	5,124	522		5,646
Disposals
At 31March 2023	114,093	77,869	9,682	201,644
Depreciation
At 1April 2022	52,105	52,233	4,628	108,966
Charge for the year	6,152	5,605	758	12,515
Disposal
At 31March 2023	58,257	57,838	5,386	121,481
Net Book Value
At 31March 2023	55,836	20,031	4,296	80,163
At 31March 2022	56,864	25,114	5,054	87,032
Charity Tangible Fixed Assets
	Improvements	Fixtures and		Totals
	to property	fittings
Costs
At 1April 2022	23,477	23,243		46,720
Additions	5,124	522		5,646
At 31March 2023	28,601	23,765		52,366
Depreciation
At 1April 2022	20,873	23,243		44,116
Charge for the year	2,733	26		2,759
At 31March 2023	23,606	23,269		46,875
Net Book Value
At 31March 2023	4,995	496		5,491
At 31March 2022	2,604			2,604

14.	Stock
					Group	Group	Charity	Charity
					2023	2022	2023	2022
					E	E	E	E
	Pharmaceutical		products		47,281	49,412
15.	Debtors
					Group	Group	Charity	Charity
					2023	2022	2023	2022
					E	E	E	E
	Trade debtors				184,319	227,826	51,555	12,273
	Other debtors				18,666	8,804	30,121	2,300
	Prepayrnents				3,794	4,391	1,594	1,420
	VAT				60,284	24,030
	Amounts	owed by group undertakings					14,954	25,430
	Total				267,063	265,051	98,224	41,423
16.	Creditors: Amounts falling due within one year
					Group	Group	Charity	Charity
					2023	2022	2023	2022
					E	E	E	E
	Trade creditors				165,849	159,753	11,858	10,117
	Other creditors					20
	Accruals				24,403	67,994	13,658	52,269
	Deferred	income			97,186	11,970	97,186	11,970
	Social security and other taxes				817	6,276	190	911
	Total				288,255	246,013	122,892	75,267
17.	Deferred	income
	Deferred	income	comprises advance room rentals receivable.
							Group	Charity
							E	E
	Balance	as at 1April 2022					11,970	11,970
	Amount	deferred from income earned from charitable		activities			85,216	85,216
	Balance	as at 31March 2023					97,186	97,186

Movement in	grou	p	funds
						At1April2022		Netmovement	At31March
							E	in funds	2023
								E
Unrestricted	Funds
Unrestricted	fund						825,171	(10,766)	814,405
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						1,374,747	1,385,513	(10,766)
Comparatives	for	movement		in	group funds
						At 1	April 2021	Net movement	At 31March
							E	in funds	2022
								E
Unrestricted	Funds
Unrestricted	fund						508,142	317,029	825,171
Comparative	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
Analysis ofnet assets between funds
							Unrestricted fund		Unrestricted fund
								2023	2022
								E	E
Fixed assets								80,163	87,772
Stocks								47,281	49,412
Debtors								267,063	265,051
Cash at bank	and	in	hand					710,279	671,752
Creditors —amounts			falling due within one year					(288,255)	(246,013)
Creditors —amounts			more than one year					(2,126)	(2,803)
Balance as at	31March							814,405	825,171

San at Trust g
A charitable company	in which Trustee Mohinder Singh Ah		luwalia	has been a trustee.
					2023	2022
					E	E
During the year the group purchased the following services:
Nishkarn Civic Association					2,688	2,475
Nishkarn Security Limited					8,897	7,238
During the year, the	group paid the following	rent:
Guru Nanak Nishkam	Sewa Jatha (Birmingham)	UK			69,198	73,128
During 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
Nishkarn School Trust
At the end ofthe year the group owed the following:
Guru Nanak Nishkam	Sewa Jatha (Birmingham)	UK				34,728

shkam Healltwre