2024-12-31-accounts

Trustees Annual Report & Accounts 1[st] Jan – 31[St] December 2024

Approved by the Trustees

Pelwinder Singh Binning Trustee Vijay Nazran Trustee Mandeep Kaur Sanghera Trustee Gursharn Kaur Takhar Trustee

Charity Name: The Sikh Soup Kitchen Registered Address: 2 Lane Arms Way, Walsall, WS2 0BF Company number: Registered Charity Number: 1206026

Charity Structure: Charitable Incorporated Organisation (CIO) Financial Statements for the Year Ended 31[St] December 2024

1. Receipts and Payments Account

Category	Current Year (£)
Donations and legacies	22,939
Grants received	0
Fundraising income	0
Income from charitable	0
activities
Bank interest	0
Other income	0
Total Receipts	22,939
Charitable activities	(18,771)
Fundraising costs	0
Governance /	(4,863)
administration costs
Rent, rates and utilities	(125)
Staff and volunteer	0
expenses
Other payments	0
Total Payments	(4,989)
Net receipts / (payments)	(822)

2. Statement of Assets and Liabilities at 31.12.2024

Assets

Assets	£
Cash at bank and in hand	10,631
Debtors / prepayments
Other assets	1,632
Total assets	12,270
Liabilities
Liabilities	£
Creditors / accruals	(600)
Other liabilities
Total liabilities	(600)
Net assets (funds)	11,670

3. Analysis of Funds

Fund type	Opening	Receipts (£)	Payments (£)	Closing Balance
	Balance (£)			(£)
Unrestricted	0	22,939	23,759	(820)
funds

4. Trustees’ Annual Report (Summary)

Charity Name: The Sikh Soup Kitchen Charity Number: 106026

Objectives and Activities:

The charity’s objectives are to relieve poverty and financial hardship by providing food, essential household items, and related support; to promote social inclusion by assisting those who are disadvantaged in accessing advice, information, and community support; to advance education and awareness of the causes and effects of poverty and food insecurity; and to promote health and wellbeing through access to nutritious food and welfare signposting. These objectives were achieved through the charity’s weekly food stand initiatives, which provide regular access to food and essential items, alongside engagement with the local community to offer guidance, information, and support to individuals and families in need.

Achievements and Performance:

During the year, the charity achieved its objectives through the regular operation of weekly food stands, which provided essential food and household items to individuals and families facing hardship. These stands served as a vital community hub, offering access to nutritious food, advice, and signposting to wider support services. The initiative was supported by a dedicated team of volunteers and strengthened through partnerships with local organisations and community groups. As a result, the charity made a meaningful contribution to reducing food insecurity, promoting wellbeing, and fostering greater social inclusion within the local community.

Financial Review:

For the year ended 31 December 2024, the charity received income of £22,939, mainly from donations and legacies, and incurred total expenditure of £23,761, resulting in a net deficit of £822. Expenditure included £18,771 on charitable activities, £4,863 on governance and administration, and £125 on rent and utilities. At the year end, total assets stood at £12,270, with liabilities of £600, leaving total funds of £11,670. The trustees consider the financial position sound and reflective of the charity’s continued delivery of weekly food distribution and community support activities.

Reserves Policy:

The trustees aim to maintain sufficient reserves to ensure the continuity of the charity’s essential services in the event of unforeseen circumstances or short-term fluctuations in income. The current level of unrestricted reserves at year end was £11,670, which the trustees consider adequate to cover approximately three to four months of core operating costs. The trustees will continue to review the reserves position annually to ensure that funds are maintained at a level appropriate to the scale and nature of the charity’s ongoing activities.

Trustees:

Pelwinder Singh Binning	Trustee
Vijay Nazran	Trustee
Mandeep Kaur Sanghera	Trustee
Gursharn Kaur Takhar	Trustee

Approved by the trustees on 29/10/2025 and signed on their behalf by:

Name: Mandeep Kaur Sanghera

Position: Trustee

Signature: ____

5. Notes to the Accounts

1. Accounting Basis: These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011 and the Charities SORP (FRS 102) as applicable to small CIOs.

2. Restricted Funds: There were no restricted funds or grants for this financial year. Donations come from businesses (£9,648) and Individuals (£13,291).

3. Trustee Remuneration and Expenses: None of the trustees were paid or had any expenses reimbursed.

4. Related Party Transactions: None