2022-08-18-accounts

SHRI GURU RAVIDASS SABHA DERBY

FINANCIAL STATEMENTS

FOR

18 AUGUST 2022

Charity Number 1159187

SHRI GURU RAVIDASS SABHA DERBY

FINANCIAL STATEMENTS

YEAR ENDED 18 AUGUST 2022

Contents	Page
Members of the board and professional adviser	1
Trustees’ annual report	2-3
Independent examiners report	4-5
Receipts and Payments Account	6
Statement of Assets and Liabilities	7
Notes to the Accounts	8

SHRI GURU RAVIDASS SABHA DERBY YEAR ENDED 18 AUGUST 2022

MEMBERS OF THE COMMITTEE AND PROFESSIONAL ADVISERS

The board of trustees

Ajit Mehmi Balbir Singh Sampla Gurdal Jamal Jagtar Singh Rattu Jaswant Kaur Lekh Kulwinder Singh Ginday Prem Singh Mahey Ranjit Singh B adhan Sucha Ram Surinder Kumar Tarsem Rani Mall

Registered office

Shri Guru Ravidass Sabha Derby 11 Duncan Road Derby DE23 8TR

Independent Examiner

Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY

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SHRI GURU RAVIDASS SABHA DERBY

YEAR ENDED 18 AUGUST 2022

TRUSTEES REPORT

The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the period ended 18 August 2022.

OBJECTIVES AND ACTIVITIES

The advancement of the Sikh Religion for the public benefit in accordance with the teaching, philosophy and Holy Mission od Shri Guru Ravidass Ji and Shri Guru Granth Sahib Ji and in other ways as the trustees from time to time may think fit.

SUMMARY OF THE MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT IN RELATION TO THESE OBJECTS

In exercising their powers, the trustees of Shri Guru Ravidass Sabha Derby have complied with their duty to pay due regard to the Charity Commission’s guidance on public benefit.

REVIEW OF THE YEAR’S DEVELOPMENTS ACTIVITIES AND ACHIEVEMENTS

The charity continued to carry out activities to promote its objectives. The main focus of the year was to complete building work to the Temple.

RESERVES

The charity aims to build up reserves to cover 3 months operating costs in the event of a drop in income. Reserves held as at August 18[th ] 2022 were (£45,150), including long term loan of £50,838.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The governing document is a constitution which was adopted on 2[nd] February 2014, as amended on 19[th] February 2014.

Induction and training of trustees

The Charity undertakes, when the need arises, a skills audit to determine the requirements of the trustee body. If a skill shortage is identified, approaches are made to specific people identified as having these skills.

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SHRI GURU RAVIDASS SABHA DERBY YEAR ENDED 18 AUGUST 2022

TRUSTEES REPORT

Risk management policy

The trustees examine the major risks that the charity faces each financial year when preparing and updating the strategic plan. The charity has developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in the future.

Independent Examiner

Mark Newey of Derby Community Accountancy Service and will be in office as independent examiner for the ensuing year.

Registered office: 11 Duncan Road Derby DE23 8TR

Signed on behalf of the trustees

P.S. Ginday

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SHRI GURU RAVIDASS SABHA DERBY YEAR ENDED 18 AUGUST 2022

INDEPENDENT EXAMINER’S REPORT

Independent Examiner's Report to the trustees of Shri Guru Ravidass Sabha Derby

I report on the accounts for the year ended 18 August 2022 which are set out on pages 6 to 8.

Respective responsibilities of the trustees and examiner

The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act). It is my responsibility to:

• examine the accounts under section 145 of the Charities Act;

• follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act) and

• to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, the following matters have come to my attention:

• 1 Which gives me reasonable cause to believe that, in any material respect, the requirements

• to keep accounting records are kept in accordance with section 130 of the Charities Act;

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met, or

• the accounts to be reached.

The following issues related to incomplete records need to be reported

1. No record of petty cash held at the end of the accounting period was kept. The assumption has been made that Petty cash income of £9,723 was unrecorded so as to maintain petty cash balances as at the start of the year.

2. No receipts for income received of £54,357 were kept.

3. No receipts were kept for expenditure to the value of £11,854.

The effect of these factors is to reduce the reliance which can be placed in the accounts in explaining the financial performance of the charity because of incomplete records.

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YEAR ENDED 18 AUGUST 2022

SHRI GURU RAVIDASS SABHA DERBY

INDEPENDENT EXAMINER’S REPORT

Mark Newey ACMA Date Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY

5

SHRI GURU RAVIDASS SABHA DERBY YEAR ENDED 18 AUGUST 2022

RECEIPTS AND PAYMENTS ACCOUNT

Opening Balances Receipts Income note 1 Sundry income note 2 Payments Wages, salaries and other staff costs Transport costs Rent, rates, power and insurance Repairs and renewals of property and equipment Telephone, fax, stationery and other office costs Consumables and sundry Loan repayments and interest Accountancy, legal and other fees Net Movement of Funds Transfer between funds Closing Balances	2022 2021 £ £ -22150 -31412 44634 42673 9723 1413
	54357 44086
	22845 14902 3526 2840 7552 8430 8463 4548 795 735 5325 2122 5231 1040 771 207
	54508 34823
	-151 9262
	0 0
	-22301 -22150

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SHRI GURU RAVIDASS SABHA DERBY

YEAR ENDED 18 AUGUST 2022

STATEMENT OF ASSETS AND LIABILITIES

Fixed Assets Current Assets Current Account Petty Cash Less bank loan Creditors Other creditors Net Current Assets Total Net Assets Chair Treasurer	note 3 note 4 Date Date	2022 2021 £ £ 350000 350000 5689 9325 0 0
		5689 9325 -27989 -31475
		-22301 -22150
		22849 27049
		22849 27049
		-45150 -49199
		304850 300801

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SHRI GURU RAVIDASS SABHA DERBY YEAR ENDED 18 AUGUST 2022

NOTES TO THE ACCOUNTS

Note 1 Income Kirtah income Arcasses Other donations Derby City Council Grant Sundry income Note 2 Sundry income Loan income Unrecorded income Note 3 Fixed Assets Building at cost as at 18 August 2021 Additions Building at cost as at 18 August 2022 Depreciation as at 18 August 2021 Charge for the year Depreciation as at 18 August 2022 Net book value 18 August 2021 Net book value 18 August 2022 Note 4 Loan and other creditors Loans from members	2022 £ 3498 36650 4487 0 0	2021 £ 2876 27499 11108 1190 0
	44634	42673
	2022 £ 0 9723	2021 £ 0 1413
	9723	1413
		£ 350000 0
		350000
		0 0
		0
		350000
		350000
		£ 22849
		22849

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