IMTERNATIONAL BHAT SIKH COUNCIL 65 MANDALE ROAD ACKLAM MIDDLESBROUGH TS5 8AE CHARttY REGISTRATION NUMBER 1190015 STATEMEfrif OF ACCOUNTS ASAT 31 MARCH 2025 CHUHAN & SINGH CHARTERED ACcOUNTAP￿s 81 BOROUGH ROAD MIDDLESBROUGH TS13AA Intemational Bhat Sikh Council Trustees, Annual Report Period ended 31 March 2025 The trustees presenttheir ￿port and the unauditedffinancial statements ofthe charityforthe period ended 31 March 2025. Reference and administrative details Registered charity n8me International Bhat Sikh Council Charlty registr8tion number 1190015 65 Mandale Road Acklam Middlesbrough TS5 8AE Principal off ice The truste8S MIASingh MrDSBhakar Mrj Singh Barclays Bank PLC 167 Linthorpe Road Middlesbrough TS14AH Bankers Accountants Chuhan & Singh Partnership Limited Chartered accountants 81 Borough Road Middlesbrough TS1 3AA Intemational Bhat Sikh Council Trustees. Annual Report (coniinuedl Period ended 31 March 2025 Structure. governance and management The International Bhat Sikh Council is a constituted charitable trust registered with the Charity Gommission undercharity number 1190015 and operateswithin theframewoTkof itsgoverning ocument. It is governed by 8 constitution. Organisational Structure The charitytrustees are responsible for the general control and management ofthe charity. The trustees give iheir 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 iri SD doing the trustees seektheviews and recommendations ofthe congregation and members ofthe charity. The trustees believe this approach ensures that good relations are fostered between the orEanisation andthe people ofthe localcommunttythatweserve. In selectingnewtrustees.the existingtrustees seekto identrfy people who regulaily attend events and functions organised by the charity and are willing to volunteer to help in broader community worL 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 exi$tingtnJstees the individual is then proposed as a new trustee at the subsequent trustees. meeting. This process allows for due consideration of the person's eligibl￿ty. personal competence. specialist knowtedge 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 p0￿CleS and procedures adopted by the ch8rity- A number of publications from the Chartty Commission are also provided including guidance on charities and public benefit and on the advancement of religion for public benefrt. This ensures that new trustees are aware of the scope of their responsibilities untjer the Charities Act. Initially, newtrustees work wth an existingtrustce assisting on particular activities and projects run bythe charity. After Satisfactory feedbackfrorn existingtrustees, they arethen given the task of leading a particular activity or project and reportingthe progress 8t a trustees, meeting. Risk management The trustees have assessed the risks the chartty faces and have drawn up a risk assessment which identifies the major risks by area of actiwry. 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 c8re centr& The trustees are s8tisfied that systems are in place, or International Bhat Sikh Council 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 ofvolunteers Volunteers are an important resource in both ourfaith and communttywork. Volunteers are involved in 811 of our faith and communty activtties. and we have people giving their time on regular basis. Objectives and activlties Aims: To advance the Sikh religion. To develop an encyclopaedia on the history of the Bhat Sikh re￿gIOn. To provide clean drinkingwater to deprived communities in India. To provide financial supportfor the education of poorer people in the UK and India. To provide financial and emotional support forwidows and bereaved families in UK and India. The objectives are set to reflect ourf8ith and community aims. Each year the trustees review the objectives and activities to ensure they continue to refiectthe aim$. In carrying out this review thetrustees haveconsidered the Charitycommission'sgeneralguidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit. Achievements and perfomiance The charity carries out a wide range of ectivities rcligious and non-religious that deliver public benefit in pursuance ol its charitableaims. Thetrustees considerthatthese activities, previously mentioned, are in 8ccor(Jance with (he Chartty Commission's guidance and provide benefit to thewidercommunty ofthe UK and India. Financial review The Trustees are satisfied wwth the flnancial position of the ch8rtty and there are no concerns regardingthe charity's ability to continue in the future. It is the policy of the charity to maintain unrestricted funds th3t are sufficient to cover management. administration and running costs of the charity for a period oftwelve months. The deficit of unrestricted income over expenditure for the year w8s £27. The total unrestricted reserves at 31 st March 2025 were in deficit ty £2.942. The reserves are well wrythin the charty's target reserves. Intemational Bhat Sikh Council Trustees, Annual Report Icontinuedl Period ended 31 March 2025 Principal funding sources The principal source of funding is through donations. The trustees consider the results ot the charity to be satisfactory. Plans forfuture periods The trustees intend to maintain and expand the charity's activities in the future. The trustees, annual reportwas approved on .. board oftrustees by: . and signed on behalf of the Mr D S Bhakar Trustee International Bhat Sikh Council BALANCE SHEET AS AT 31 March 2025 2025 2024 FIXED ASSErs CURRENT ASSETS 290 LESS= CURRENT LIABILITIES 2 NET CURRENT ASSErs REPRESENTED BY:. ACCUMULATED FUND L1915J l agree these accounts and confimi that I have m8de avallable all relevant records and information for their preparation. Date: Mr D S Bhakar Trustee Intemational Bhat Sikh Council NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2025 CURRENT ASSETS 2025 2024 Bankand Cash 29Q CURRENT LIABILITIES 2025 2024 Accruals ACCUMULATED FUND Balance Blf Add.. SurplusllDeficitl ol forthe year Balance Clf 12,915} 12,6541 International Bhat Sikh Council INCOME AND EXPENDITURE AccouTrrr FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME Donations 1.035 1.644 EXPENDITURE Support Services Accountancy Bankcharges 762 300 1.705 200 SURPLUSI(DEFICIT) OF INCOME OVER EXPENDITURE (27)