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2023-12-31-accounts

Charity number 1168805

SRI AKAL BUNGA SAHIB TRUST

INTERNATIONAL

Trustees' Annual Report and Accounts

31 December 2023

SRI AKAL BUNGA SAHIB TRUST INTERNATIONAL Report and accounts Contents

Page
Trustees' Annual Report 1
Receipts and payments account 5
Independent examiners report 6

SRI AKAL BUNGA SAHIB TRUST INTERNATIONAL Trustees' Annual Report for the year ended 31 December 2023

Reference and administration details

Charity name SRI AKAL BUNGA SAHIB TRUST INTERNATIONAL

Other names charity is known by SRI AKAL BUNGA SAHIB (SABS)

Registered charity number 1168805

Charity's principal address 28 Myra Street 28 Myra Street
Abbey Wood
Kent
Postcode SE2 0HA

Names of the charity trustees who manage the charity

1
2
3
4
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Mr Harkirat Sagoo Trustee
Mr Inderpal Singh Khella Chair
Mr Rishipal Singh Phull Trustee
Mr MandeepSingh Trustee

Structure, governance and management

Description of the charity’s trusts

Type of governing document

[Constitution ]

How the charity is constituted[CIO ] Trustee selection methods[Appointed by CIO Trustees ]

1

Objectives and activities

The Main Objectives for the public benefit are:

The Main activities undertaken for the public benefit were:

the trustees and management committee in running the charity have consulted and have had full regard to the useful guidance issued by the charity commission on public benefit.

2

Achievements and performance

The main achievements of the CIO in the period were:

Financial review

The Reserves at the year-end totalled £27,966 and were in the current bank accounts. Reserves were maintained at their level as to ensure funds were readily available for expansion of charity works. Reserves are also maintained to fund working capital and to fund shortfalls in charitable income when income does not reach expected levels.

Further financial review details

The CIO relies on donations and offerings from its members and the public. It is recognised that donations and offerings can fluctuate from year to year. The trustees aim to ensure that the CIO has sufficient resources to continue its activities and meet its obligations to his end, it is considered prudent that sufficient liquid funds are maintained. The CIO does not involve itself in any speculative investment activities and ensures funds are always kept safe and secure.

3

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature Rishipal Singh Phull (Oct 25, 2024 18:38 GMT+1) Full name Rishipal Singh Phull Position Trustee Date 25/10/2024

4

SRI AKAL BUNGA SAHIB TRUST INTERNATIONAL

Receipts and payments accounts

For the year ended 31 December 2023

Receipts and payments for the year ended 31 December 2023

Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds 31 December 2022
£ £ £ £ £
Receipts
Donations 10,924 10,924 10,421
Total receipts 10,924 10,924 10,421
Payments
Food and Clothing distribution 5,600 5,600 5,071
Professional fees 600 600 500
Donations 13,300 13,300 18,360
Sub total 19,500 19,500 23,931
Total payments 19,500 19,500 23,931
Net of receipts - 8,576 - 8,576 - 13,510
Cash funds last year end 36,542 36,542 50,052
Cash funds this year end 27,966 27,966 36,542

Statement of assets and liabilities at the 31 December 2023

Unrestricted Restricted Endowment Total Funds 31 December 2022
funds funds funds
£ £ £ £ £
Cash funds
Bank and Cash 27,966 27,966 36,542
Total Cash funds 27,966 27,966 36,542
Signature Print Name Date of approval
Trustee Rishipal Singh Phull (Oct 25, 2024 18:38 GMT+1) Rishipal Phull 25-Oct-2024
Trustee

5

Independent examiner's report on the accounts

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Independent Examiner’s Report

Report to the trustees of SRI AKAL BUNGA SAHIB TRUST INTERNATIONAL

On accounts for the 31 December 2023 Charity 1168805 period ended number I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 31 December 2023. Responsibilities and As the charity's trustees, you are responsible for the preparation of the accounts in basis of report accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trusts’ accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have come to examiner's statement my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

Signed: Date: 21 October 2024 Name: Mr Valbinder Singh Relevant professional AFA ATA MIPA CeMap MLIBF MSWW qualifications or body: Address: 29 Kings Road Brentwood Essex CM14 4DJ

6

SABS - TAR AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

Final Audit Report

2024-10-25

Created: 2024-10-25 By: Tanoushka Kaur (tkaur@vsaccountants.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAHDWAAXiDtkz2xzdegY_ZYYgYTo6yWf1C

"SABS - TAR AND ACCOUNTS FOR THE YEAR ENDED 31 D ECEMBER 2023" History

Document created by Tanoushka Kaur (tkaur@vsaccountants.co.uk)

2024-10-25 - 2:04:06 PM GMT- IP address: 13.42.34.205

Document emailed to Rishipal Singh Phull (rishipals@gmail.com) for signature

2024-10-25 - 2:04:10 PM GMT

Email viewed by Rishipal Singh Phull (rishipals@gmail.com)

2024-10-25 - 4:55:56 PM GMT- IP address: 66.249.93.1

Signer Rishipal Singh Phull (rishipals@gmail.com) entered name at signing as Rishipal Singh Phull 2024-10-25 - 5:38:15 PM GMT- IP address: 2.218.214.125

Document e-signed by Rishipal Singh Phull (rishipals@gmail.com)

Signature Date: 2024-10-25 - 5:38:17 PM GMT - Time Source: server- IP address: 2.218.214.125

Agreement completed.

2024-10-25 - 5:38:17 PM GMT