REGISTERED CHARITY NUMBER: 1203393
GURU NANAK GURDWARA GLOUCESTERSHIRE REPORT OF THE TRUSTEES FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
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GURU NANAK GURDWARA GLOUCESTERSHIRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Summary of the Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 |
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GURU NANAK GURDWARA GLOUCESTERSHIRE
REPORT OF THE TRUSTEES
FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
The Trustees present their report with the financial statements of the charity for the period 8 June 2023 to 31 December 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
The charity ooerates as a Gurdwara (Sikh place of worship) in line with the tenents of the SIkh faith.
REFERENCE AND ADMINISTRATIVE DETAILS
| Charity number | 1203472 | ||
|---|---|---|---|
| Principal Address | 1 NETHERIDGE CLOSE | ||
| HEMPSTED | |||
| GLOUCESTER | |||
| GL2 5LE | |||
| Trustees | Gurpreet Kaur | Trustee | (apponted 8 June 2023) |
| Rajinder Singh Boyal | Trustee | (apponted 8 June 2023) | |
| Harjit Singh | Trustee | (apponted 8 June 2023) | |
| Kuldip Singh Mann | Trustee | (apponted 8 June 2023) | |
| Santokh Singh Jhinger | Trustee | (apponted 8 June 2023) |
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is controlled by its governing document and constitutes a Charitable Incorporated Organisation, an incorporated charity.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The charity is a registered charity and is managed day to day by its Trustees.
The charity is in the process of opening a bank account to start operations. Unfortunately, this is taking much longer than anticipated, resulting in operations not commencing in the first accounting period.
OBJECTIVES AND ACTIVITIES
The Trustees meet regularly every quarter to discuss charity matters, including fundraising, current activities, future events and hold an AGM.
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GURU NANAK GURDWARA GLOUCESTERSHIRE
REPORT OF THE TRUSTEES FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
The charity ooerates as a Gurdwara (Sikh place of worship) in line with the tenents of the SIkh faith.
ON BEHALF OF THE BOARD:
Kuldip Singh Mann 31/10/2024 Trustee
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GURU NANAK GURDWARA GLOUCESTERSHIRE STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
| INCOMING RESOURCES Incoming resources from generated funds Total incoming resources RESOURCES EXPENDED Costs of generating funds Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD Charitable activites Donations and legacies Other Income Costs of generating voluntary income Other Costs Governance costs |
Notes 2 3 4 |
2023 Unrestrict ed Funds £ 0 0 0 0 0 0 0 0 0 0 0 83 |
|---|---|---|
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GURU NANAK GURDWARA GLOUCESTERSHIRE BALANCE SHEET FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
| FIXED ASSETS CURRENT ASSETS CREDITORS NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS TOTAL FUNDS FUNDS Equipment Debtors Cash at bank and in hand Amounts falling due within one year Unrestricted funds |
Notes 6 7 8 |
2023 Unrestrict ed Funds £ 0 0 0 |
|---|---|---|
| 0 0 |
||
| 0 | ||
| 0 | ||
| 0 | ||
| 0 | ||
| 0 | ||
The financial statements were approved by the Board of Trustees on 31 October 2024 and were signed on its behalf by:
Kuldip Singh Mann Trustee
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GURU NANAK GURDWARA GLOUCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2000 exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), 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 accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated 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 with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
| 2 ACTIVITIES FOR GENERATING FUNDS Camps & classes |
2023 £ 0 |
|---|---|
| 0 |
The notes form part of these financial statements
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GURU NANAK GURDWARA GLOUCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 8 JUNE 2023 TO 31 DECEMBER 2023
| 3 COSTS OF GENERATING VOLUNTARY INCOME 4 OTHER COSTS 5 TRUSTEES' REMUNERATION AND BENEFITS 6 FIXED ASSET INVESTMENTS 7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 8 MOVEMENT IN FUNDS Unrestricted funds TOTAL FUNDS Unrestricted funds TOTAL FUNDS Advertising/Promotional Meals, Langaar Vidyala Teaching Trustees' remuneration, other benefts or expenses Equipment There were no investment assets outside the UK. Other Creditors £ General fund 0 0 Net movement in funds, included in the above are as follows: £ General fund 0 0 5/6/23 Incoming resources |
3 COSTS OF GENERATING VOLUNTARY INCOME 4 OTHER COSTS 5 TRUSTEES' REMUNERATION AND BENEFITS 6 FIXED ASSET INVESTMENTS 7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 8 MOVEMENT IN FUNDS Unrestricted funds TOTAL FUNDS Unrestricted funds TOTAL FUNDS Advertising/Promotional Meals, Langaar Vidyala Teaching Trustees' remuneration, other benefts or expenses Equipment There were no investment assets outside the UK. Other Creditors £ General fund 0 0 Net movement in funds, included in the above are as follows: £ General fund 0 0 5/6/23 Incoming resources |
2023 £ 0 0 |
|
|---|---|---|---|
| TS HIN ONE YEAR xpenses he UK. £ 0 0 ove are as follows: £ 0 0 5/6/23 Incoming resources |
£ 0 |
0 | |
| 2023 £ 0 |
|||
| 0 | |||
| 2023 £ 0 |
|||
| £ 0 2023 |
|||
| £ 0 2023 |
|||
| £ 0 31/12/23 |
|||
| 0 | 0 | ||
| £ 0 Resources expended |
£ 0 Movement in funds |
||
| 0 | 0 | ||
The notes form part of these financial statements
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