Company Registration No. CE018711 Charity No.. 1185145 SRI GURU ARJAN DEV JI GURDWAFIA- DONCASTER DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 SRI GURU ARJAN DEV JI GURDWARA- DONCASTER COMPANY INFORMATION First Charity Trust•ès Mr Kirpal Singh Mr Arjun Singh Landa Mr Thanwant Singh Mr Prabjit Shehri Mr Jaspal Singh Company Number CE018711 Charity Number 1185145 Registered Office Doncaster DN4 OBJ United Kingdom SRI GURU ARJAN DEV JI GURDWARA- DONCASTER CONTENTS Page Management Commlttee's Report Statement of financial activities Balance Sheet Notes to the financial Statements SRI GURU ARJAN DEV JI GURDWARA. DONCASTER Management Committee's Report FOR THE YEAR ENDED 31 AUGUST 2023 Obi8Ctives and aetivit18S The objectives of the charity are.. To advance the Sikh religion in South Yorkshire for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals and to enlighten others about the Sikh religion. Statement on Public Benefit The Iruslees confirm that they have complied with their duly to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties. The public benefi'ts of the charitys activities are oullined under'objectives and actwities, 8bc)ve. Achievements and Perfornian¢e Since the irnpact of the Covid-19 Pandemic Gurdwaras across the country have seen a significant change in the way congregats.ons attend and participate in worship. Enhancements in technology have always contributed to a trend of online workshops and ceremonies which were p￿viOUsly unavailable. Although this has its benefits it is still affecting operations and the congregation has yet to reach the numbers previously held. Charity operations were limited for periods of this financial year. however, several 3 day religious programs were successfully held where attendees travelled frorn different parts of the country to participate. SRI GURU ARJAN DEVJI GURDWARA- DONCASTER Management Committee's Report Icontinuedl FOR THE YEAR ENDED 31 AUGUST 2023 Members of management committee The members who are also directors lor the purpose of company law are set out on the company information page. The rnanagement committee also certrfy Ihat all the relevant information have been provided to the examiner, which management is aware of. Responsibilities of the management committee Company law requires the management committee to prepare f1nancial statements for each financial year which give a true and lair view of the affairs of the charitable company at the balance sheet date and of incorning resources and application of resources. including income and expenditure lor the financial period, In piepaiation of such statements, the management committee should follow best practice and." Select suitable accounting policies and apply them consistently", Make judgements and accounting estimates that are reasonable and prudent., and Prepare the financial statements on the going concem basis unless it is not appropriate to assume that the cornpany will continue on that basis. Th8 managernent committe8 is r8sponsible to k8ep adequate accounting records that ar8 5uffici8nt to Show and explain the company's transactions and disclose wth reasonable accuracy at any time the financial position of the charitable cotnpany and enable thetn to ensure that the financial staternents comply with the Companies Act 2006. The management committee is also responsible lor safeguarding the assets ol the company amd hence lor taking reasonable steps lor the prevention ol fraud and other irregularities. The report is prepared in accordance with recomrnended piactice.. accounting and ￿porting by charities and also in accordan￿ with Companies Act 2006. Approved by the management cornmittee lit S Shehri Dated: 3011112023 SRI GURU ARJAN DEV JI GURDWARA- DONCASTER Statement of financial activitie5 {income and expenditure account) for the year ended 31 August 2023 Unrestricted Funds Restricted Funds 2023 Total Funds Notès INCOMING RESOURCES Golak P8rshad Donations andmembers. ¥ub$criptions Building fund donation Punjabi and music Glasses R•ntal Ineomg Introduction commission Bank interest 410 410 11,873 11,873 360,000 TOTAL INCOMING RESOURCES 12.283 360,000 12283 IESOURCES EXPENDED Priests'costs Foodpurchasg Rates Water rates Light and heat Waste collection Outdoor trips Accountancy foès Telephone and fax Printing, postage andstatlonery Bank ¢horges Insuran¢e Repairs and maintenance Trav&1 expenses Sundry expenses Independent examlner's fees Interlm manager's fees Professional fees CAPITAL EXPENDITURE 505 505 1,550 1,550 4,213 4,213 1,386 8,133 1,386 8,133 Furniture )TAL RESOURCES EXPENDED 15.787 15.787 Nat incoming rèsourcès baforè transfers between funds Gross transfers between funds 12,283 12.283 Net incoming resources before other recogni5ed gains and losses Realised and unreali58d Ioss8S on investment assets 12,283 12,283 NET MOVEMENT IN FUNDS FUNDS AT BEGINNING OF YEAR FUNDS AT END OF YEAR 7,824 7,824 4,320 360,000 4,320 None ol the charitws other activities was acquired or disconts.nued during the financial year. The charity has no recognised gains and losses other than those dealt with in the statement ol financial The notes on page 5 form part of the accounts. SRI GURU ARJAN DEV JI GURDWARA- DONCASTER Company No.. CE018711 Balance Sheet as at 31 August 2023 Inrestricted Restricted Funds Funds 2023 Totsl Funds Fixed assets Land and bLJildings Building extension Investment property Furniture. fixlures and fittings 350,000 350,000 10,000 360,000 10,000 360,000 Current assets Fixed term deposit Novia Financial Bank account Cash in hand 4,320 4.320 4,320 4.320 Current liabiliti8s Creditors.. amounts falling due within on8 y8ar 4,000 4.000 4,000 4.000 Net current assets 320 320 lèt assèts 320 360,000 320 Represented by: Unrestricted funds R8Stricted funds 320 320 360.000 320 360.000 360,320 For the year ended 31 August 2023 the company was entitled to exemption from audrt under section 477 of the Companies Act 2006 relating to small companies. Directors. responsibilitie5 The members have not required the company to obtain an audit in accordance with section 476 01 the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act wth respect to accounting records and the preparation of a¢￿unts. Th8se accounts hav8 been piepar8d in accordanc8 with the provisions applicable to cornpanies subject to the small companies. regime. The company has taken advantage of Companies Act 2006 section 444111 and opted not to deliver to Approved by the Board on 301 12023 rabjit S hehrl The notes on page 2 form part of these financial statements SRI GURU ARJAN DEVJI GURDWARA- DONCASTER Notes to the Unaudited Accounts forthe yearended 31 August 2023 1 Accountlng pollcles Basls of preparatlon The financial statements have been prepared under the historical cost conventtsn and in accordance with the Financial Reporting Standard lor Smaller Entities effective April 2008. Tanglble ftx•dassèts and doprnclatlon Tangile fixed assets are stated at cost. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the Land and buildings Building extension Furniture. fixtures and fittini Nil 2 STATEMENT OF FUNDS Brought Fo￿ard Carried Fotward Racèlpts Paymants Transfèrs RESTRICTED FUNDS Building funds 360,000.00 360,000.00 360,000.00 360,000.00 SUMMARY OF FUNDS General funds Restricted funds 4,320.00 360,000.00 364,320.00 4,000.00 320.00 360,000.00 360,320.00 4 000.00 The Building fund represents accumulated donations ttswards the ongoing maintenance of the charity's building, which can only be spent on that purpose. The surplus has now been transferred lo the General fund with the completion ol the building project. The General fund represents the free funds ol the charity which are not designated for particular purposes.