2023-01-31-accounts

SGGS Academy UK

TRUSTEES ANNUAL REPORT AND ACCOUNTS

31 January 2023

SCOTTISH CHARITY NUMBER: 1155883

SGGS Academy UK Trustees Annual Report and Accounts for the year ended 31 January 2023

Scottish Charity Number: 1155883

Current Trustees

Chairperson Jagdip Bhandal Board member Dr Pritpal Singh Khaira Board member Gursinder Kaur Khaira-Bhandal

Contact address

4 Fern Avenue Lenzie Glasgow Lanarkshire G66 4LE

Recruitment and appointment of Trustees

All of the trustees are appointed or reappointed by the members at our annual general meeting.

Governing document

SGGS Academy is a charitable unincorporated association and the purposes and administration arrangements are set out in our constitution.

Charitable purposes

Our purposes, as recorded in our constitution, are to provide educational services comprising teaching the Punjabi/Gurmukhi language, the contemplation of Sikh scriptures and thereby contribute to their ability to become self-sufficient.

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SGGS Academy UK Trustees Annual Report and Accounts for the year ended 31 January 2023

Trustees remuneration and expenses

The trustees did not receive any remuneration during the year.

Reserves £ The surplus/(deficit) for the year was (14,213) The Trust held unrestricted funds of 14,947 as at 31 January 2023

Approved by the Trustees and signed on their behalf

Jagdip Bhandal 9 October 2023

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SGGS Academy UK Trustees Annual Report and Accounts for the year ended 31 January 2023

Independent Accountants' Report to the Trustees of the SGGS Academy UK

We report on the accounts of the charity for the year ended 31 January 2023 which are set out on the following pages.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts regulations does not apply. It is our responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to our attention.

Basis of independent examiner's statement

Our examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeks 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, we do not express an audit opinion on the view given within the accounts.

Independent Accountants' statement

In the course of our examination, no matter has come to our attention:

1. which gives us reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or

1. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

DA Accountants Chartered Certified Accountants

Spiersbridge Business Park 1 Spiersbridge Way Thornliebank Glasgow G46 8NG 9 October 2023

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SGGS Academy UK Receipts and Payments Account for the year ended 31 January 2023

Notes Donations received Covid 19 - Job retention scheme grant Fundraising training expenses Expenses Wages and salaries Motor and travel expenses Accountants fees Bank charges Total Payments Surplus/(Deficit)	2023 £ 33,340 - 33,340 38,355 8,848 - 350 - 9,198 47,553 (14,213)	2022 £ 35,444 22,652
		58,096
		5,901
		27,248 3,471 587 4,928
		36,234
		42,135
		15,961

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SGGS Academy UK Statement of Balances as at 31 January 2023

Notes Bank and Cash in Hand Cash at bank and in hand Liabilities Trade creditors 2 Accrued charges Net Assets Reserves General funds b/fwd Surplus/(deficit) for period	2023 £ 15,797 15,797 475 375 850 14,947 29,160 (14,213) 14,947	2022 £ 29,660
		29,660
		- 500
		500
		29,160
		13,199 15,961
		29,160

All funds are unrestricted

Approved by the Trustees and signed on their behalf

Jagdip Bhandal

9 October 2023

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SGGS Academy UK Notes to the Accounts

for the year ended 31 January 2023

1 Accounting basis

The accounts have been compiled on a basis that enables surpluses and deficits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to satisfy Charity rules.

2 Payments and Receipts

Expenses include an amount accrued in respect of accountancy fees for the preparation of the accounts. The accountants' fees were paid after the year end and is shown under liabilities on the Statement of Balances.

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