## **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
1
## **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.
**2**
**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
**3**
## **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.
4
**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**|
**6**
**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**|
||||
**7**
## **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|
**8**