Trustees’ Annual Report for the period
From 25/11/2022 To 31/12/2023
Charity name: BABA DEEP SINGH GURDWARA
Charity registration number: 1201157
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the Sikh religion for the public benefit through operating as a Gurdwara. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Organized numerous sports and language classes to support education and wellbeing. Delivered religious services and community programs that align with Sikh principles. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees confirm they have complied with the Charity Commission’s guidance on public benefit in carrying out their responsibilities. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Raised£356,684in income through donations and Gift Aid. Delivered a series of community and religious events, fostering spiritual and community engagement. Collaborated with local organizations to strengthen community outreach and support. The activities of the charity have benefited local communities by promoting inclusivity, spiritual growth, and cultural understanding through sports, education, and religious teachings. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | As of 31 December 2023, the charity’s financial position is strong, withtotal assets of £1,952,617. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity aims to maintain reserves sufficient to cover three months of operating expenses to ensure sustainability in case of unforeseen circumstances. |
| Amount of reserves held | Para 1.22 | £1,835,462 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation (CIO) |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | body entitled to appoint one or more trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Baba Deep Singh Gurdwara |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1201157 |
| Charity’s principal address | 4 Holyhead Road, Handsworth, Birmingham, B21 0LT & 6 Oakland Road, Handsworth, Birmingham, B21 0NA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| HardeepSingh | ||||
| Manjinder Singh | ||||
| Bhula Singh | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Hardeep Singh | Manjinder Singh | |
Trustee |
Trustee | |
| 01/10/2024 | ||
| 01/10/2024 |
BABA DEEP SINGH GURDWARA UNAUDITED ACCOUNTS
13 Months Period to 31 DECEMBER 2023 CIO registration Number : 1201157
Baba Deep Singh Gurdwara Contents of the Unaudited Accounts For The 13 Months to 31 December 2023
| Contents | Pages | |
|---|---|---|
| Trust Details | 1 | |
| Approval | 2 | |
| Statement of Financial Activities | 3 | |
| Balance Sheet | 4 | |
| Notes to the Accounts | 5 |
Baba Deep Singh Gurdwara Contents of the Unaudited Accounts For The 13 Months to 31 December 2023
Trustees Hardeep Singh Panchhi (Chairman) Bhula Singh Manjinder Singh Rai Address 4 Holyhead Road Handsworth Birmingham B21 0LT
Page 1
Baba Deep Singh Gurdwara Contents of the Unaudited Accounts For The 13 Months to 31 December 2023
We approve these un-audited accounts which comprise a Statement of Financial Activities, Balance Sheet and related notes. We acknowledge our responsibility for the accounts including the provision of all the information and explanations necessary for the completion.
Signed on behalf of all the trustees
Date 01/10/2024
Page 2
Baba Deep Singh Gurdwara
Contents of the Unaudited Accounts For The 13 Months to 31 December 2023
| 13 | Months to 2023 | |
|---|---|---|
| £ | ||
| Incoming Resources | ||
| Donations | 300,792 | |
| Other Income | ||
| Gift Aid | 55,892 | |
| Total Income | 356,684 | |
| Expenditure | ||
| Wages and salaries | 2,030 | |
| Subcontractor costs | 21,677 | |
| Travel and subsistence expenses | 975 | |
| Rent | 3,024 | |
| Light and heat | 54,311 | |
| Water rates | 128 | |
| Repairs, renewals and maintenance | 18,224 | |
| Insurance | 3,255 | |
| Telecommunications and data costs | 1,270 | |
| Legal fees | 300 | |
| Bank charges | 642 | |
| Sundry expenses | 23,923 | |
| Rashen | 47,082 | |
| Total Expenditure | 176,839 | |
| Depreciation of plant and machinery | 1,838 | |
| Bank Loan Interest | 7,871 | |
| Netprofit | 170,136 |
Page 3
Baba Deep Singh Gurdwara
Contents of the Unaudited Accounts
For The 13 Months to 31 December 2023
| FIXED ASSETS Tangible Assets CURRENT ASSETS Other debtors Cash at bank and in hand CURRENT LIABILITIES Other creditors Accruals and deferred income NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES LIABILITIES DUE AFTER 1 YEAR Bank loan NET ASSETS CAPITAL ACCOUNT Profit/(Loss) for the period Reserves Bought Forward Balance Carried Forward |
1,697,997 29,540 233,420 262,960 7,140 1,200 8,340 254,620 1,952,617 117,155 117,155 1,835,462 170,136 1,665,326 1,835,462 13 Months to 2023 £ |
1,697,997 29,540 233,420 262,960 7,140 1,200 8,340 254,620 1,952,617 117,155 117,155 1,835,462 170,136 1,665,326 1,835,462 13 Months to 2023 £ |
|---|---|---|
| 1,835,462 | ||
| 170,136 1,665,326 |
||
| 1,835,462 |
Page 4
Baba Deep Singh Gurdwara Contents of the Unaudited Accounts
For The 13 Months to 31 December 2023
1. Accounting Policy
These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.
Incoming Resources
Incoming resources represents the donations received by the organisation.
Depreciation
Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives:
| Plant and Machinery 2. Tangible Assets Cost As at 1 January 2023 As at 31 December 2023 Depreciation As at 1 January 2023 Provided during the period As at 31 December 2023 Net Book Value As at 31 December 2023 As at 1 January 2023 |
10% straight line Land & property Plant & Machinery Total Freehold £ £ £ 1,697,997 52,592 52,592 |
|---|---|
| 1,697,997 52,592 52,592 |
|
| 50,735 - 50,735 - 1,838 - 1,838 - |
|
| 52,573 - 52,573 - |
|
| 1,697,997 0 1,697,997 |
|
| 1,697,997 1,839 1,699,835 |
Page 5
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees Charity Name BABA DEEP SINGH GURDWARA On accounts for the year 31/12/2023 Charity no 1201157 ended (if any) Set out on pages 1-5 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2023 . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’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 The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of Association of Chartered Certified Accountants
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination gives me cause to believe that in, any material respect.
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.
- Please delete the words in the brackets if they do not apply.
Signed: Date: 27/11/2024 Name: Kavanpreet Garcha Relevant professional Association of Chartered Certified Accountants qualification(s) or body (if any): Address: 5 Brayford Square, London, England, E1 0SG
Oct 2018
IER
1
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
IER
2