International Bhat Sikh Council
Trustees' Annual Report
Period ended 31 March 2022
The trustees present their report and the unaudited financial statements of the charity for the period ended 31 March 2022.
Reference and administrative details
Registered charity name International Bhat Sikh Council Charity registration number 1190015 Principal office 65 Mandale Road Acklam Middlesbrough TS5 8AE The trustees Mr A Singh (Appointed 14 September 2020) Mr D S Bhakar (Appointed 19 June 2020) Mr J Singh (Appointed 19 June 2020) Bankers Barclays Bank PLC 167 Linthorpe Road Middlesbrough TS1 4AH Accountants Chuhan & Singh Partnership Limited Chartered accountants 81 Borough Road Middlesbrough TS1 3AA
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International Bhat Sikh Council
Trustees' Annual Report (continued)
Period ended 31 March 2022
Structure, governance and management
The International Bhat Sikh Council is a constituted charitable trust registered with the Charity Commission under charity number 1190015 and operates within the framework of its governing document. It is governed by a Constitution.
Organisational Structure
The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body and are responsible for all decisions taken regarding the activities provided by the charity.
Recruitment and appointment of trustees
The existing trustees are responsible for the recruitment of new trustees but in so doing the trustees seek the views and recommendations of the congregation and members of the charity. The trustees believe this approach ensures that good relations are fostered between the organisation and the people of the local community that we serve. In selecting new trustees, the existing trustees seek to identify people who regularly attend events and functions organised by the charity and are willing to volunteer to help in broader community work. Potential trustees are invited to attend trustees' meetings as observers and are given more details of the charity's aims and activities. With the agreement of existing trustees the individual is then proposed as a new trustee at the subsequent trustees' meeting. This process allows for due consideration of the person's eligibility, personal competence, specialist knowledge and skills.
Induction and training of trustees
Following appointment, new trustees are introduced to their new role and given copies of the charity's constitution and a guide to the policies and procedures adopted by the charity. A number of publications from the Charity Commission are also provided including guidance on charities and public benefit and on the advancement of religion for public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act. Initially, new trustees work with an an existing trustee assisting on particular activities and projects run by the charity. After satisfactory feedback from existing trustees, they are then given the task of leading a particular activity or project and reporting the progress at a trustees' meeting.
Risk management
The trustees have assessed the risks the charity faces and have drawn up a risk assessment which identifies the major risks by area of activity, nature of those risks, the likelihood of the risks happening and the measures taken to manage them. The trustees review these risk assessments regularly at their meetings and at meetings of the sub-committees on finance, buildings and day care centre. The trustees are satisfied that systems are in place, or arrangements in hand, to manage the risks that have been identified. In particular, insurance cover is in place and the finances of the organisation are kept under the review.
Use of volunteers
Volunteers are an important resource in both our faith and community work. Volunteers are involved in all of our faith and community activities and we have people giving their time on a regular basis.
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International Bhat Sikh Council
Trustees' Annual Report continued)
Period ended 31 March 2022
Objectives and activities
Aims:
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To advance the Sikh religion.
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To develop an encyclopedia on the history of the Bhat Sikh religion.
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To provide clean drinking water to deprived communities in India.
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To provide financial support for the education of poorer people in the UK and India.
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To provide financial and emotional support for widows and bereaved families in UK and India.
The objectives are set to reflect our faith and community aims. Each year the trustees review the objectives and activities to ensure they continue to reflect the aims. In carrying out this review the trustees have considered the Charity Commission's general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.
Achievements and performance
The charity carries out a wide range of activities religious and non religious that deliver public benefit in pursuance of its charitable aims. The trustees consider that these activities, previously mentioned, are in accordance with (he Charity Commission's guidance and provide benefit to the wider community of the UK and India.
Financial review
The Trustees are satisfied with the financial position of the charity and there are no concerns regarding the charity's ability to continue in the future.
It is the policy of the charity to maintain unrestricted funds that are sufficient to cover management, administration and running costs of the charity for a period of twelve months.
The excess of unrestricted income over expenditure for the year was £NIL. The total unrestricted reserves at 31st March 2022 were £NIL. The reserves are well within the charity's target reserves.
Principal funding sources
The principal source of funding is through donations. The trustees consider the results of the charity, given the pandemic to be satisfactory. The balance of total reserves at the end of the reporting period was £NIL.
Plans for future periods
The trustees intend to maintain and expand the charity's activities in the future, once restrictions have been lifted by relevant government.
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International Bhat Sikh Council
Trustees' Annual Report continued)
Period ended 31 March 2022
The trustees' annual report was approved on 27 July 2022 and signed on behalf of the board of trustees by:
Mr D S Bhakar Trustee
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International Bhat Slkh Councll 65 Mande Road Acklam MIDDLESBROUGH TS5 BAE Charlty Reglstration Number 1190015 STATEMENT OF ACCOUNTS AS AT 31 Mar¢h 2022 CHUHAN & SINGH CHARTERED ACCOUNTATrtrs 81 BOROUGH ROAD MIDDLESBROUGH TS13AA
Internatlonal Bhat Sikh Council BALANCE SHEET AS AT 31 March 2022 2022 Notes 2021 FIXED ASSErs CURRENT ASss 283 LESS: CURRENT LIABILrriES 3 NET CURRE ASSETS REPRESENTED BY:_ ACCUMUL4TED FUND In 8ccordarTh whh InstNctlorB gfven lo us we hav8 prepar1, w111 ¢xrylng out any audit proceduros, th6 Balaiice Shagt ftnd Trading 8nd Plt and Loss Account from the Inf0Mli0n 8upplled.tr> us and conflrm the SQim8 to ba In aco)rdan¢6 tIeWtth. Chuhan & Singh Chartered Accountants Reglslored Audliors agree thesg aUnts and corrflrm that I have made available 8t1 mleyant raccrd6 and Informatlc)n for thalr preparatk)n. Date: I, D S Bhakar rrust6e
Internatlonal Bhat Sikh Councll NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 FIXED ASSETS Fre8hold Motor Vehicles Fixhjr Total Cost at 1 April 2021 Addiliuns Disposals At 31 Marth 2022 Depreciation At 1 April 2021 Charge for the Year At 31 March 2022 Nel Book Value At 31 March 2022 At 31 March 2021 CURRENT ASSETS 2022 2021 Bank and Cash 283 CURRENT LIABILMES 2022 2021 Accruals ACCUMULATED FUND Balance BM Add: Surplusl(Deficrtl of Relxipts & Expenditure (2.432) 283 Balance Clf
Internatlonal Bhat Sikh CounGil INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 INCOME Donations from Local Communty 2188 EXPENDITURE Telephone & Intemel Other office costs Legal Fees Depreciation Support Servioes Accountancy Bank Charges 414 1369 500 SURPLUSJIDEFICITI OF INCOME OVER EXPENDITURE