REGISTERED CHARITY NUMBER: 1179621 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 Au for SIKHS IN THE CITY usl 2020 G & G Accountants The Business Cenlre 758 Great Cambridge Road Enfield Middlesex EN1 3GN
SIKHS IN THE CITY Contents of the Financial Statements for the Year Ended 31 Au ust 2020 Page Report of the Trustees Independent Examiners Report Statement of Financial Activities Balan Sheel Notes to the Financial Statement5 5t07 Detailed Statement of Financial Activities
Inde endent Examiner's Re SIKHS IN THE CITY ort to Ihe Trustees of I report on the accounts for the year ended 31 August 2020, which are set oul on pages three to seven. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act.). I have examined your charity's accounts as required under section 145 of Ihe Charities Act 2011 ('Ihe Acl'l In carrying Out my examination I have followed the Directions given by the Charity Commission under section 145(51{b) of the 2011 Act My role is to state whether any fflaterial matters have come to my attention giving me cause to believe". that accounting records were rjot kepl as required by section 130 of the Act., or Ihat the accounts do not accord wth those records," or that the accounts do not comply with the accounting requirements of the Act., or that there is further information needed for a proper understanding of the accounts. Independent examiner's statement I have completed my examination and have no concerns in resped of the matters (11 to (4) listed above and. in connection with following the Directions of the Charity Commission I have found no matters that require drawing lo your attention. É&GAccou The Busines 758 Great Enfield Middlesex ants Centre mbridge Road EN13GN Dale". Page 2
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SIKHS IN THE CITY Statement of Financial Activities for the Year Ended 31 Au ust 2020 Period 1.10.18 to 31.8.19 Total funds Year Ended 31.8.20 Unrestricted fund Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income Activities for generating funds 200 8,921 1,628 9,207 Total incoming resources 9,121 10,835 RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income Governance costs Other resources expended 4,909 2,382 3,781 418 (15) Total resources expended 7,292 4,184 NET INCOMING RESOURCES 1,829 6,651 RECONCILIATION OF FUNDS Total funds brought forward 6,651 TOTAL FUNDS CARRIED FORWARD 8,480 6,651 CONTINUING OPERATIONS All incoming resources and resources expended arise from continuing activities. The notes form part of these financial statements Page 3
310,20 318,19 UnreslriGt¢d •- Tolal ItJDd .-43 lunds 44,. Nole6. CURIIINI. AbSII'S Ca611 al biiiik .6,030 :_-. . 7.001 cR110R5,: A11)ouI',l¥ lJlliI due wiiliii) one yeur 13501 ' NET CURRENT ASSETS fj: TOTAL ASSÈTS LESS CURRENT LIABILITIES 6,651 . 8.480 NET ASSÈTS 8,480 6,651 FUNDS UiirLssiricled funds TOTAL FUNDS 8,480 6,651 The fiA3ncial slalemenis were 3pprJved by Ihe Boaro ol Truslees on Zb. ..l.Q.U-./...7C.Z I." _ and viere sigp.od on ils behalf by.. H Singh _Truslee C S T2lLJwar -Tru5.ee The notes forin Pciil cl Ihese finaiicial 51alemenls
SIKHS IN THE CITY Notes lo the Financial Statements for the Year Ended 31 ALJ ust 2020 ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the historical cost convention, and in accordance with applicable accounting slandards the Charities Act 2011 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 accuraGy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo Ihe category. Where costs cannot be directly attributed lo particular headings they have been allocaled to activities on a basis consistent with the use of resources. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance wth the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objeds of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanalion of the nature and purpose of each fund is included in the notes to the financial statements. ACTIVITIES FOR GENERATING FUNDS Period 1 10.18 to 31.8.19 Year Ended 31.8.20 Fundraising events 8,921 9,207 TRUSTEES. REMUNERATION AND BENEFITS There weie no trustees, remuneration or other benefils for the year ended 31 August 2020 nor for the period ended 31 August 2019. Trustees, expenses There were no trustees, expenses paid for the year ended 31 August 2020 nor for the period ended 31 August 2019. Page 5
SIKHS IN THE CITY Notes to the Financial Statements - continued for the Year Ended 31 Au ust 2020 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8_20 31.8.19 other Gredilors 350 350 MOVEMENT IN FUNDS Net movement in funds At 31.8 20 At 1.9.19 Unrestricted funds General fund 6,651 1.829 8,480 TOTAL FUNDS 6.651 1,829 8,480 Nel movement in funds, included in Ihe above are as follows". Incoming Resources resources expended Movement in funds Unrestricted funds General fund 9,121 (7,292) 1,829 TOTAL FUNDS 9.121 (7,292) 1,829 Comparatives for movement in funds Net tnovement in funds At 31.8.19 Unrestricted Funds General fund 6,651 6,651 TOTAL FUNDS 6.651 6,651 Page 6
SIKHS IN THE CITY Notes to the Financial Statements - continued for the Year Ended 31 Au ust 2020 MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows-. Incoming Resources resources expended Movement in funds Unrestricted funds General fund 10,835 (4,184) 6,651 TOTAL FUNDS 10.835 14,1841 6.651 Page 7
SIKHS IN THE CITY Detailed Statement of Financial Activities for the Year Ended 31 Au ust 2020 Period 1.10.18 to 31.8.19 Year Ended 31.8.20 INCOMING RESOURCES Voluntary income Gifts Donations 200 1,627 200 1,628 Activities for generatin9 funds Fundraising events 8,921 9,207 Total incoming resources 9,121 10,835 RESOURCES EXPENDED Costs of generating voluntary income Postage and stationery Sundries Events expenses 271 38 3.472 4,909 4,909 3,781 Governance costs Travel expenses Accountancy Legal and professional fees 68 350 350 2,032 2.382 418 Support costs Finance Bank charges Other Telephone 115) Total resources expended 7,292 4,184 Net income 1,829 6,651 This page does not form part of the statutory financial Statements Page 8