Satkar Committee UK (Registered charity, number 1176440) Financial statements for the ypar ended 31 March 2025 Page Contents Trustees, annual report lrmlepe￿ent examiner's report Receipts & payments account Statement of assets & liabilrttes tes to t￿ accounts capLUS LOMMUNI i Y AuCOUNIIN(i Satkar Committee UK Trustees, annual report for the year ended 31 March 2025 Full name Satkar Committee UK Organisation type Charitabfe Ir￿Orporated organisation Registered charity number 1176440 Principal address Sri Guru Granth SalNb Ji Bhawdn, Moorlar¥Js 206a Hydes Road, West Bromwich, West Midlatxds, B71 2ED Trustees Marmpal Sir¥Jh BalvirKler Kaur Independent examiner Eva SteverE, employee of Community AccoLrtiTrJ Plus, Units 1 & 2 ￿rth West, 41 Talbot Street, M)ttirYJlKqm, 5GL Governance and management TFE chartty is operated under rules of its constitution adopted 22 Decemb8r 2017. ObFctives and activities Advance the sikh religion lor the benefit ol the public in accordance with thesikhrehai maryada (sikh code of conduct issued by the suprerYE sikh institute -amritsarpanjab. Satkar Committee UK was laurcFEd in 2014 with ttE blessirYJs of the 5 Siroh Ardas. Recognising the ￿ed to urxjertake various project streams to advar￿e the Sikh religion lor berefit of the sar¥Jat (corgregation) and the wider public, I committee operates in aCCorda￿e with Gurmat Rehat Maryada (Sikh Code of Cond￿1). The ultimate objective of the organisation is to foster a deeper uThJerstarMJing of the essential requirements for maintainir¥J the Lrtmosl Adhav Satkar {respect at the highest regardl of Dhan Dhan Sri Guru Grarth Sahib Ji Maharaj. Primary Objectives: Tr primary obiective of Satkar Committee UK is to stop Ihe unnecessary aThY excessive prinlirKJ of Dhan Dhan Sri Guru Grarnh Sahib Ji Pavan Saroops (sacred revered Guru of Sikhs}. Additionally, ttE committee aims to prevert the avoidable Agan Btr￿tt {discarding} of Saroops in the UK aTrJ India. As S￿h, our priority continues to be IFE Mtal sewa (selfless service} around Ihe restoration and presemtion of all current Maharaj Pawan Saroops. Satkar Committee UK Summary of the main activities undertaken for the public benefit Activities Initiatives: Satkar Committee UK tirelessly works towards enhar£ing Sikhi awareness through rdrious means. i￿1￿￿1r￿. Easily accessible shLKJh (pure} readitYJ of GurbaTh Santlia Parchar Ipreachiry) Katha (religio￿ discourse) Kirtan (devoiional sirKJirKJ) Literature . WorkS￿pS . Seminars . TraiThrg Furthermore, tIE committee aims to create an ir6ighttul uThJerstaThYirNJ thro￿h demonstration wdeos a￿1 tutorials on ihe seva sambal (care, respect, upkeep) of Maharaj Saroop Ji, Gutka Sahibs, Pothi Sahib Jis, aThJ all otlEr Gwbani (Teligious scripture) sources. Public Be￿fit.. Members of the public benefit iThlividually from enharKed awareness learniry of religio￿ teachiros. Additionally, the PLblic berofits as a congregation IhroLgh participation in religious services commursal gaI￿rIr￿S. Public benefit stateff*nt The TrLtstees confirm that they have complied with duty in section 17 of tk Charities Act 201110 have due regard to the Charity Commission's gereral gUIda￿e on PL￿lIC benefit. 'Charities aThY Public Benefit,. Summary of the main achievements during the period Primary focus of actiwty has been interim repairs of the buildiThJ to a suitable staThYard for use. The day-to-day operations in preSer￿allOn atKI restoration of Sri Guru Granth Sahib Ji is an orvJoiNJ process ￿￿ertaken by sevadars (selfless ￿)lUntary work). Financial review The trustees believe tNqt the overall performance of the charity has remairEd stable this year. Risk Management Board of Trusiees recognises the importar￿e of assessiro risks tlkgi could impact the Satkar Committee UK its daily operations. They are confident tlBI adequate systems arKJ internal controls are in place to mar*ge significant risks effectively. Satkar Committee UK Reserve Policy The charity mairmairs sufficient reserves to cover essential experEes, includirg core costs and overheads, ertsuriThJ tFE continuity of services even in abserKe of dorkaiiorts. Satkar Committee UK is exceptionally grateful for continued support of everyor in makir¥J it possible to carry out projects aThJ meet requirements of Sikh Community wider pth)lic. We are appreciative of tireless efforts arn commitments of volwrt8ers WI￿ are dedicated to restoration arKI preservation seva (work). Signed on behalf of charity's trustees.. Signed Manipal SiThJh. Trustee Date 21.IL ## **Independent examiner’s report to the trustees of Satkar Committee UK for the year ended 31 March 2025** I report to the trustees on my examination of the accounts of Satkar Committee UK (the charity) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s 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 examiner’s statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. 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 in order to enable a proper understanding of the accounts to be reached. Signed _________________________ Date ______________________ 06/01/2026 Eva Stevens BSc, CPFA Employee of Community Accounting Plus 5 ## **Satkar Committee UK Receipts & payments account for the year ended 31 March 2025** |_2024_||**_2025_**| |---|---|---| |Total||**Total**| |Funds||**Funds**| |£||**£**| ||**Receipts**|| |23013|Donations|19005| |23013|**Total receipts**|**19005**| ||**Payments**|| |1|Bank charges|-| |-|Security|35| |4206|Building repairs|6336| |-|Advertising & fundraising|112| |3332|Equipment|-| |-|Insurance|1412| |476|Printing, postage & stationery|152| |1513|Petrol & travel costs|622| |418|Refreshments|52| |197|Sundry expenses|816| |5455|Utilities|9932| |1076|Internet and IT costs|913| |1910|Legal & professional fees|1200| |1049|Restoration|-| |100|Fines and interest|-| |-|Groceries|836| |-|Loan repayment|25000| |19733|**Total payments**|**47418**| |3280|**Net receipts/(payments)**|(28413)| |54971|Cash funds at start of this perio|58251| |58251|**Cash funds at end of this per **|**29838**| 6 ## **Satkar Committee UK Statement of assets and liabilities at 31 March 2025** |_2024_
£
**Cash assets**
**Note**
58251
Bank accounts
58251
**Other monetary assets**
-
Prepay
ments -
Inauranc
e
-
**Assets retained for the charity’s own use**
Building purchased in 2023, cost £669,000
Minibus purchased in 2023, cost £30,000
Vehicle (cost)
**Liabilities**
(151200)
Creditors
**2**
(151200)|**_2025_**
**£**
29838| |---|---| ||**29838**| ||326| ||**326**| ||(126248)| ||**(126248)**| These financial statements are accepted on behalf of the charity by: Signed ___________________________________ Dated ___________ 06/01/2026 Balvinder Kaur, Trustee 7 ## **Satkar Committee UK Notes to the accounts for the year ended 31 March 2025** ## **1. Receipts & payments accounts** Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand. ## **2. Creditors** In 2022, to assist with the purchase of the building, the charity received a longterm loan of £150,000 from Twinkle Tots Nursery. This is an interest free loan with no fixed repayment terms. ||**£**| |---|---| |Long term loan|125000| |Independent examiners fee|1248| ||**126248**| ## **3. Trustees’ remuneration** Trustees received no expenses, remuneration or benefits in this period. ## **4. Related party transactions** There were no related party transactions in this period. ## **5. Glossary of terms** **Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period. **Creditors:** These are amounts owed by the charity, but not paid during the accounting period. 8