Report of the Trustees and Financial Statements for the Year Ended 31 March 2021 For
GURSEVA
GURSEVA Contents
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Accountants Report | 4 |
| Statement of Financial Activities | 5 |
| Balance sheet | 6 |
| Notes to the Financial Statements | 7 |
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GURSEVA
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
Principal address
1 The Warren Hounslow TW5 0JW
Trustees
Amol Dhanoa Satinder Luthra Tejinder Sahota Jaskaran Dhillon Raminder Chawla
Accounts Reviewer
R. Chawla 247 Bath Road Hounslow TW3 3DA
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
ON BEHALF OF THE BOARD :
…………………………………………………… Trustee
Date: 11 October 2021
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GURSEVA
I report on the accounts for the year ended 31 March 2021.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the 1993 Act)). An independent examination has been carried out.
It is my responsibility to:
-
examine the accounts under Section 43 of the 1993 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under
-
Section 43(7)(b) of the 1993 Act); and
-
to state whether particular matters have come to my attention
.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 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 statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 41 of the 1993 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
R. Chawla 247 Bath Road Hounslow TW3 3DA
Date: 11 October 2021
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GURSEVA
Statement of Financial Activities For the Year Ended 31 March 2021
| INCOMING RESOURCES Incoming resources from generated funds Voluntary income Grants Received Fundraising Other income Gift Aid Total incoming resources RESOURCES EXPENDED Charitable activities Helping Hands Orphanage Oxygen Concentrators Food Bank Toys for Christmas Van Purchase Other resources expended Total resources expended NET INCOMING RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestriced funds £ 5,643 13,890 11,037 321 253 31,144 1,285 - 2,365 7,295 - 14,999 4,465 30,409 735 7,929 8,664 |
Rerestriced funds £ - - - - - - - - - - - - - - - - - |
2021 Total funds £ 5,643 13,890 11,037 321 253 31,144 - - - - - - |
2020 Total funds £ 2,174 - - - 648 |
|---|---|---|---|---|
| 2,822 146 - - - 81 - 2,140 |
||||
| 2,367 | ||||
| 455 | ||||
| 7,474 | ||||
| 7,929 |
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GURSEVA
Balance Sheet At 31 March 2021
| CURRENT ASSETS Debtors Cash at bank Investment income CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CUURENT LIABILITIES ACCRUALS AND DEFERRED INCOME NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS |
Unrestriced funds £ - 8,664 - 8,664 - 8,664 8,664 - 8,664 |
Rerestriced funds £ - - - - - - - - - |
2021 Total funds £ - 8,664 - 8,664 - 8,664 8,664 - 8,664 8,664 8,664 |
2020 Total funds £ - 7,929 - |
|---|---|---|---|---|
| 7,929 - |
||||
| 7,929 | ||||
| 7,929 | ||||
| - 7,929 |
||||
| 7,929 | ||||
| 7,929 |
The financial statements were approved by the Board of Trustees on 11 October 2021 and were signed on its behalf by:
............................................. Trustee:
............................................. Trustee:
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GURSEVA
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 1993 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund will be included in the notes to the financial statements.
Hire purchase and leasing commitments
Any rentals paid under operating leases are charged to the statement of financial activities on a straight line basis over the period of the lease.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2019.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31 March 2021 or for the year ended 31 March 2020.
3. STAFF COSTS
There were no staff costs or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
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GURSEVA
Detailed Statement of Financial Activities For the Year Ended 31 March 2021
| INCOMING RESOURCES Incoming resources from generated funds Donations Gift aid Fundraising Other Income Grants received Total incoming resources RESOURCES EXPENDED Charitable activities Helping Hands Volunteer expenses Oxygen Concentrators Food Bank Toys for Christmas Support Costs Telephone Motor expenses Marketing Rent (Food Bank) Insurance Other Van Purchase Total resources expended NET INCOMING RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2021 £ 5,643 253 11,037 321 13,890 31,144 1,285 176 2,365 2,619 - 181 2,676 302 4,500 578 727 14,999 30,409 735 7,929 8,664 |
2020 £ 2,174 648 - - - |
|---|---|---|
| 2,822 146 92 - - 81 135 1,009 904 - - - - |
||
| 2,367 | ||
| 455 | ||
| 7,474 | ||
| 7,929 |
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GURSEVA
5. Movement in Funds
| Unrestricted fund General Fund TOTAL FUNDS |
At 31.3.202 0` £ 7,929 7,929 |
Net moveme nt in funds £ 735 735 |
At 31.3.202 1 £ 8,664 |
|---|---|---|---|
| 8,664 |
Net movement in funds, included in the above are as follow:
| Unrestricted funds TOTAL FUNDS CARRIED FORWARD |
Incoming resource s £ 31,144 31,144 |
Resource s expende d £ (30,409) (30,409) |
Moveme nt in funds £ 735 |
|---|---|---|---|
| 735 |
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