2023-03-31-accounts

		Page
Trustee's annual report
Independent auditor's	report to the members
Statement offinancial	activities
Statement offinancial	position
Statement ofcash flows		10
Notes to the financial	statements

Registered	charity	name	Guru Hargobind	Guru Hargobind	Sahib Trust
Charity registration		number	1169568
Principal office			Unit 4
			Swallowfield
			Hayes
			UB3 1DQ
The trustee
			S.S.Gulati
			JSGrover			(Resigned	19September 2023)
Auditor			Malde 8 Co
			Chartered	Certified Accountants		&statutory	auditor
			99Kenton	Road
			Kenton Harrow
			Middlesex
			HA3 OAN

				2023	2023	2022
				Unrestricted
				funds	Total funds	Total funds
			Note	5	6	K
Income and endowments
Donations and legacies			4	1,731,586	1,731,586	2,936
Other income			5	12,000	12,000
Total income				1,743,586	1,743,586	2,936
Expenditure
Expenditure on charitable	activities		6,7	109,762	109,762	2,170
Other expenditure			9	42,359	42,359
Total expenditure				152,121	152,121	2,170
Net income and net movement		in funds		1,591,465	1,591,465	766
Reconciliation offunds
Total funds brought forward				39,263	39,263	38,497
Total funds carried forward				1,630,728	1,630,728	39,263

31Match	2023
					2023	2022
				Nate	E	8
Fixed assets
Tangible fixed assets				12	2,518,480
Current assets
Debtors				13		40,000
Cash al bank	and	In hand			218,836	82,326
					218,836	122,328
Creditors: amounts			faglng due within one year	14	1,106,588	83,063
Net cunent	gablgtles				(887,752)	39,263
Total assets	less	current Iiablgtles			1,630,728	39,263
Net assets					1,630,728	39,263
Funds ofthe charity
Unrestricted	funds				1,630,728	39,263
Total charity	funds			16	1,630,728	39,263

			2023 f	2022
Cash flows from operating	activities
Net income			1,591,465	766
Adjustments for:
Interest payable and similar	charges		2,045
Accrued expenses			30,513
Changesin:
Trade and other debtors Trade and other creditors			40,000 76,406	(25,000) (19,437)
Cash generated from operations			1,740,429	(43,671)
Interest paid			(2,045)
Net cash from/(used in) operating activities			1,738,384	(43,671)
Cash flows from investing	activities
Purchase oftangible assets			(2,518,480)
Net cash used in investing activities			(2,518,480)
Cash flows from financing	activities
Proceeds from borrowings			916,606
Net cash from financing activities			916,606
Net increase/(decrease) in Cash and cash equivalents	cash and cash at beginning	equivalents ofyear	136,510 82,326	(43,671) 125,997
Cash and cash equivalents	at end ofyear		218,836	82,326

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2023	Funds	2022
				E	K	E	E
	Donations
	Donations			1,731,586	1,731,586	2,936	2,936
5.	Other income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2023 E	Funds E	2022 E
	Other income			12,000	12,000
6.	Expenditure	on charitable	activities	by fund type
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2023	Funds	2022
				6	E
	Support costs			109,762	109,762	2,170	2,170
7.	Expenditure	on charitable	activities	by activity type
					Support	Total funds	Total fund
					costs	2023 f	2022 8
	Event expenses				22,307	22,307
	Governance	costs			87,455	87,455	2,170
					109,762	109,762	2,170
8.	Analysis ofsupport costs
						Total 2023	Total 2022
						K	6
	Premises					24,655
	General office					21,812
	Finance costs					38,944
	Event expenses					22,307
	Abortive purchase expenses					42,359
						150,077
9.	Other expenditure
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2023	Funds	2022
					E	5	6
	Abortive purchase expenses			42,359	42,359

Tangible	fixed assets
		Freehold
		property f
Cost
At 1 April	2022
Additions		2,518,480
At 31 March 2023		2,518,480
Depreciation
At 1 April	2022 and 31 March 2023
Carrying	amount
At 31 March 2023		2,518,480
At 31 March 2022

13.	Debtors
			2023	2022
			8
	Other debtors			40,000
14.	Creditors: amounts	falling due within one year
			2023	2022
			6	E
	Bank loans and overdrafts		916,606
	Trade creditors		3,322
	Accruals snd deferred	income	30,513
	Other creditors		156,147	83,063
			1,106,588	83,063

				At				At
				1 April 2022	Income	Expenditure	31 March 2023
					8			6
	General funds			39,263	1,743,586	(152,121)		1,630,728
				At				At
				1 April 2021 6	Income 8	Expenditure f		31 March 2022 6
	General funds			38,497	2,936	(2,170)		39,263
16.	Analysis of net assets between funds
						Unrestricted		Total Funds
						Funds		2023
								6
	Tangible fixed assets					2,518,480		2,518,480
	Current assets Creditors less than	1	year			218,836 (1,106,588)		218,836 (1,106,588)
	Net assets					1,630,728		1,630,728
						Unrestricted		Total Funds
						Funds		2022
								6
	Tangible fixed assets
	Current assets					122,326		122,326
	Creditors less than	1	year			(83,036)		(83,036)
	Net assets					39,290		39,290
17.	Analysis ofchanges		in net debt

Analy	sis ofchan	ges in net debt
					At
			At 1 Apr 2022	Cash flows	31 Mar 2023
			6		6
Cash	at bank and	in hand	82,326	136,510	218,836
Debt	due within one year			(916,606)	(916,606)
			82,326	(780,096)	(697,770)