THE CENTRAI. GURDWARA (BRITISH ISLES) LONDON KHALSA JATHA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Charity registration number.. 258324
THE CENTRAL GURDWARA (BRITISII ISLES) LONDON KHALSA JATHA FINANCIAL STATEMF.NTS FOR THE YEAR ENDED 31 DECEMBER 2022 CONTENTS PAGE Report of the Managing Truslees Indcpeiident Auditors report Comtnittees Approval of Financial staiement Sidtement of financial Activities Balance sheet Notes to tlie financial statements
The Central Gurdwara British Isles London Khalsa Jalha rtofthe Mana Trustee For the ear endin 31 Decembcr 2022 The Truslees and Mana(Tcmeni Committ¢e has pleasure in submitting ils Report to ihe Members, together with the Financial Sia(em¢nts of the l Cmplc for th¢ year ending i l December 202? Introduction ana Prii)¢i al Activi The Central Gurdwara l.ondon is a charity located in London and primarily serves the Sikh community. Th¢ Central Gurdwara Londoll. also known as rhc Khalsa Jatha is a IEligious charity centred on the Sikh faith. All aspects of ihe Khalsa Jatha operations and manaijeineni ale preinised on the foundations of Sikh teachings and principles. Whilst our primary objective is to enable those of a Sikh heritage and Sikh commihnent with a place of worship, sangai Icongreclation) and langar {communal kitchen and food), the Khalsa Jatha prides itself on beints able to extend ils building and its volunteers. time to all member5 of the local and wider community. Trllstccs and Mana einent Committee 'lThe following Trustees and Nlanagement Committc¢ Members who were appointed andlor reappointed and held otTice since I March 2020 are.. Gurpreet Singh Anand- President Gurvindej. Kaur Randhawa- Vi¢e-Presideni Jasvinder Singh Alg- General Secretary, Rarniieek Kaur- AssistaTrt General Secretary Ranbir Sin,,h Alg - FianCe Secretary Mandip Stngh Sohal - Education Secr¢tary H&irvindcr Kaur Dulku - Healih & Wellbeing Manjeet Kaur Gill - Provisions Secretary. Hnohan Singh Puri - Property Secretary Rajvinder Singh Jagdcv - Fundraisin8 Saibir Singh Choudry - Libraiia sand eciives In addition to our aims and objectives as defined in our constitution. the Khalsa Jatha set Oul its aims and objectives, as follows.. Practice of Sikhism.. to provide facilities to enable followers of the Sikh religion to practise rheir faith in a conv¢nient and conducive envtroninent in accurdance to Sikh Gumiat i.e., the principles and rules laid dO.n by the 'l'en Ciurus and Sri Guru Granth Sahib (the Holy Scripiures). Celebration of Sikhism and Sikh Beliefs.. to hold kcy cvents to highlight events on ihe Sikh calendar. Focus on education.. ensure the charity deliiiers education on both religious ideology and PunjabT lanouage and providing opportunities for the distribution of noji-faiih infornTraiion and edu¢ation. Community focu3 and Public Brii¢fJL." fv¢u5 on the communiry Integratitsn and diversity. 5. Improve the Kha15a Jatha faciliiie5.' increase the facilities and capacity of the Khalsa Jatha building. A key measuremeni for the Management Cvmmittee as to their perfom)ance over the year is how closely we managed to deliver io our objeetives and to the wishes of the Sangat (¢ongreoation).
Practice gf Sikhism The Gurdwarn is open daily between 5.30 am to 9.00 pm. Daily moThing and evening service are conducted inside the Gurdwara. Services and other practices according to th¢ Sikh Rehii Maryada (Sikh Code of Conduct) are performed for weddings, birthdays. name-givino ¢eremonies, funerals or any oiher occasions according to the needs ot'worshippers throughout the year. RecTul&r daily services, prayer5 are ctsnducied at the following tiin¢s.' 6.00 ain to 7.30 ain l Nit-Nem ) 0.00 pm to 7.30 pm. IKelirJs. Evening renderino Guru-ka-Langar (tree kitchen for all) was supported and kept runnin" C¢lebrati n of Sikhism and Sikh Ileliefs throughout th¢ year as is required by Sikh ¢(xle of conduct. 'rhe Khalsa Jatha eelebraicd all main events on the Sikh calendar. All the Inajor Gurupurab5 (special religious anniversaries) wer¢ celebrated rhe8e incliidcd.. lil Aviaar Gutpurab Guru Gobind Singli Jee (li) Vai.%<lKhi (Birthday ol. Khalsa} liiil Shaheedi Purab Guru Arjan Dev Jee (iv) DiwalilBandi Chhor DIva5 Iv) Avlaar Gurpurab Guru Nanak D¢v Jee Ivil Shaheedi Purab Gunj Icg Bahadur Sahib Jee Ivii) Sahibzadae Shaheedi Purab Iviiil S8ngrand scrvices weie held at the slart of ea¢h month Focus on Education The Khalsa Jatha holds Punjabi classes in the preniises ev¢ry Sunday. An average of 50 stud¢nts attend and ive have 6 teaching staft. Evely teacher commands sufficient Punjabi languJÉTe skills to be ablc to teach childr¢n up 10 GCSE Icvel sralldard. In addition to Punjabi languatye teaching, the Khalsa Jaiha provides educational and leaming ¢IseS for." Kirtan classes, cl855ical Sikh hyimiis re¢ita15 b. Tabla and Harnionium classe5. learning to play the Indian drums and hamionium Coach trips are oruanised to various places for the benefit of those who wish to pay for visits to religiou5 event5 and cultural activities. CoinmunE Focus and Public Benefit A variety of actions have been taken to promote community diversity. integration foi. the greater public bencfit. These include.. IncreasinLT the knowledge of Sikhism and the funciioning of thc Gurdwara to the wider community through presenlations and Ivdlkihrollohs for local student5. We have hosied Priinary, Secondary Schools and Univcrslties from across Euro, where siudenis and teachers spend between on¢ and half to two hours inside the Gurdward. They are showll all the facilittes provided to the Sanuat and are made aware of all th¢ praciices and traditional routine of prayers in the Gurdwara. They are l<tkeJi around ihe building. #nd shown the Langar Hall, where all the worshipper5 prepare and eat tood iog7eiher. The children show great interest in the Sikh ivay of worship and ask tY questions io satisfy their cllri05it!. R¢freshments are also provided to these visitors. Plans are being Inade to exiend the Langar Hall and also to commemorate the history of Princess Sofia Duleep Singh with a Sthtue. Conclusions By Trustees We Femain indcbted to all th05¢ who ¢ontinu¢ ro perfomi selfless servi¢e in the name of the AITnighty. Our Ardas remains ftrr their blessintrs. For and on behalf of the Managing Trustees Gu]preei Singh Anand Dated.. 10 day of October 2023
THE CENTRAL GURDWARA (BRITISH ISLES) LOIYDON KHALSA JATHA
INDEPI:.NI)ENT AUDI'IOR'S RF.POR T TO THE'ITrUSTEES
This rcTK)n 15 used in resp¢cl ol'an audit carried out under_5eftion 43 of the Chariiies ALI I W3.
Ile have audited the fiiiancial smentS i)IThe CentrAI Curdw#ra (Brttish Isles) London Khals4 Jatha foT the }'¢ar
cnded 31 Dtcemhcr 2022 coinpi'ise Ihe InLoine and Expendiiure AetounL Balancc Sheei d the relaiLd noi¢s. 'fh¢
tinar}L slalcmenls have been piEp8red unJ¢i" th¢ accounting wli¢ie5 Sei oui thcr¢ in.
'I'hia Irwn is mad¢ solel). to Ihe charit% s trusie¢s. Lt a dY . in a¢¢ordanLe 'Ith Seaion 43 of the C.harilte% .4ct 1993.
Oiir audit i%ork has been undertaken vlthat we mtght slaie Iv the charipRs trustee5 Ihost malic we arc required 10 %iaic
10 them in an audiioi's iywri and Ivr no other puryose. To the fullest exicni ¥Mitted bi law. do Dot accept or
a%suinc rcswn%ibilitN' lo an)'one other than the chaTirv and th¢ Chaiily's ITusie¢s as a ty)dv. for our audii work. tor this
rerI. or foT Ihe op1nion% ile have fornied.
Résp¥clivg responsibllliils oflru.vees andltitrfiitsrs
The irustees, reswiisibililie% for PT¢paring IhL Annual I1 and the financial %tal¢iiieiiis in aLLordanLe lIh appliLdble
law aiid Ilniied Kin¥di)rn Accounting Standard* l Uniied Kingdotn O¢n¢rally AccLpl¢d Accouniiiig PraLlic¢l alld lor
'ing s(itisli¢d Ihat ih¥ ¢haril} 5 fillancial siatements give a truc and fair vieiv are ser out in the Siaiemeni of Trusle¢s'
ReskN)rt5ibiliti¢
We hai'e been aptK)inted dud1t0 under seciion 43 of ihc ChariiiL% Act 1993 and rewri in acci)rJanL¢ i1[h
regulalion8 rnade undei seclioll 44 of (hat Act. OUT rc%pon%ihililJ 1% to audtt the finaiicial slalenienls In accordance iviih
relev[ legal and re8ula¢orn' requiremenig and International Standard% on Auditin8 (UK and Ii'¢ldnd l.
(e rewrt 10 Jou our opinion as 10 t%,heiher the financial siaternent8 give a true lair vi¢1¥ and are prOrI. pirparcd
in accordance M'iih th¢ rL'levdnl fiiiaiicial I'¢Frt)ning rraine,0rl aiid art Ppted in a¢cordJnce with the charitie Act
1993.
In addition i¥¢ report ro )'ou if. in our opinion. the charity not kepi SLIfrTiLienl accouniino re¢or(ts or if the siatetnent
of accounis doe% noi accord iliih those record% or it. have not rclrived all Ihe infomation and £xplaniilions Me
requi forour audii.
We read Ihe Trustees, Annual llepoff. and conqider whcth¢r it is consislLnt iiilh the audit¥d findnLial atementS. Nl'e
consider Ihe implications for oui rewn if lie iK¢ome aw1 of ans. apparent In&sstatemen15 01- Material inconsislencies
with the linancial siatem¢nLs.
Bo.T15 ofthurfil opinio
11.e conducted our aiidii in accordance i4-.ith Inicmatioiial Standards un Audiiing IUK Ireland) issued bj ihc
Audiling Praeiices BoaTd. An audit includes examination. on a test b&si%, of evidence rLlevthi 10 ihe anYTrunts and
disclosures in Ihe finanLial staicmenLS. It also includ¢s an $t55nnt of Ihr signifiLant esi.'mate% and judgmenis made
by th¢ trusiees in the preparation of the fin<iTrcial altment.
THE CENTRAL GURJ)WARA (BRITISH ISLES) LONDON KHALSA JATHA INDEPENDENT AUDITOR'S RF.PORT TO THE TRUSTEr.s Opiiiioii In our opinion the financial fjtaiements give a true and fair view of the slate of the Lhdrity's affairs as at i l Dccember 2022 and af its incoming resources aiid applicaiion of resources, its including its incoine and expenditure, for the year then end¢d. the financial statements have been properly prepared in ac¢ordance with United Kingdom Generally Accepied Accounting Practi¢¢,' and the financsal statements have been prepared in accordaCe with the Charities A¢t 1993. Regi.¥tergdAEidrfors d Chai'ieredA¢counianis Archer Associates Churchill 14ous¢ l ?0 Bunn% l.ane London NW7 2AS Date io
THE CENTRAL CURDWARA (BRITISH ISLES) LONDON KHALSIA JATHA COMMITTEES, APPROVAL OF FINANCJAL STATEMENTS FOR THE YEAR ENDED 31 DF,CEMBER 2022 Wt approve ihese financial statements for the year elided 31 DECEMBER 2022 set out on paoe% 7 to l O and we tonfimi thai we have made available all rccords nd infomjation for their preparation. Ir GurpFcei Singh Anand (President) -1 itider Siiig)Ii Alg (Societc1rN'I Mr Ranbii. sin Alg (Finance Secretary) r)ate l j l KD I le>Z
THE CENT114L CURDWARA (BRITISH ISLES) LONDON KHALSA JATHA sr.4TEMEYTOF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2U21 Notes INCOMINC RESOURCES Direct Chttrilable Income Donations 5i4.106 j68,9?8 -rotal Incoming resource5 -$34,106 368,928 OLI'GOING RESObRCES DÉrect ChAritable Ex Fducation and cultura Oxy¥¢n Supplj India Langar enditure 40.518 2?,574 70,019 51,734 92,252 126,505 Other expeDditure l#Na cment and Administralio Staff salaries Casual w4rNes Pension coniributio Rates Water rate5 Healing and lighting Laundry and cleaning Repairs and maintenarti¢ Lift maintainance Telephone Decorative Decor Poslagye and stationery Travelling expenses SundTy expenses Audit and accounianry Legal and profcssional Insuianee Bank chargcs Depreciatioii 73.968 64.782 827 3.592 7.750 21,96i 17,975 38,787 471 4,693 18,600 77,640 1,795 1.437 10.4)7 7.468 398 4.517 2,?20 7.?Oi 4.735 4.316 2,220 51,176 1.412 924 10.019 2132164 282,516 Total Out%oing resources 374,768 342J70 Ntt Incorning re$ourc 1.$9,338 26,5.$8 Renial income HMRC JRS Grant Interesi 73,699 71.458 6.771 10 540 Ntt incorne of the year 233,577 104,797 Funds brought forward 1,344,245 1.2.79.448 Funds carried forward 1577.822 ,344,24.5
THE CENTRALGURDWARA (BRITISH ISLES) LOF4DO,Y KHALSA JATHA BALANCE SHEET AS AT 31 DEC.EMBER 2022 2022 2021 Fixed s$tts J'angible as¢ts Frtthold land and buildin8 Fiiiure and fTlrting£ OITiL vquipm¢nts 1.049.95J 30.9?8 6,071 1.049.9£2 21.963 8.OY4 1.086.952 1.080.009 c.urrent as$et% Debtors and prq)t>inent Cash ai bank and in hand iOO.153 500.15i 296.7 17 296.717 .urreTrt liabilitie5 Oih¢r lditorS 9.283 32.541 'et turr¢nt 490.870 264.236 Bank #nd oer(Iraft Net as$ets 1.577,822 .344,24.1 Rtprestnted bi. Unresirici¢d incotne funds 1.577.822 l. j44.?45 Tthtal funds carried forn#rd .$77,822 l J44J4.$
THE CENTRAL GURDWARA (BRITISH ISLES) LONDON KIL4LSA JATHA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDF.D 31 DECEMBER2022 ACCOUNTINC. POLICIES These finanancial siat¢ment5 have been prepared Under the historical cost convention and in accordance with applicable accounting standards and the Statements of Recommended Practice on Accouniing by Charities vsing ihe following a¢counting policies= DF.PRECIATION Depreciation is calculated so as to write off the cost of an asset. net of anli¢ipated disposal proceedg, over the useful economic life ofthat asset as followg.. Fixtures and Fittings- 25 Q/D Per annum reducing balance Equipments_25Q/o Per annum reducing balance In accord2n¢e with the FIn1claI Reporting Standard for Sinall¢r Entities (Effective January 2015), no depreei2tion is provided on the freehold property. However, this policy is contrydry to the UK f)enerally Acccpied Accounting Principal (as amended) which specially require.% that Tangible Asset5 should be depreciated. The reason for this departure is that the useful economic life is infinite and iogeth¢r with maintenance and repairs, the residual value of the asset, at ilie end of its economic useful life to the entity. will be significantly greaier than lis carryinti amouni. On these grounds the depreciation charge and related accumulated depreciation balanc¢ are not material. CASH FLOW STATEMENT The Committee has taken advantage of the exemption in Financial Repx)rting Stsndard No. l from in¢luding a cash flow statement in the financial siatements on the grvund5 that the charity 15 small. INCOME The inconie sliowi in the Stalement of Financial Aciivities represents grants, donation& and subscription5 received during the linancial year. VALUE ADDED TAX VA'f is noi reeoverable by the Gurdwara, ai)d as such is included in the relevant cosis.
THE CENTRAL GI1RDWARA IBIUTISH ISLES) LONDON KHALSA JATHA 07'ES TO THI.. FIN.4N'(.'1.4L ST.QI"E.I.IENlb OR THE TrE.4R EN'DED 31 1)FCEMI BER 2022 TAN4GJBI.E FJXED,ISSET.S Frfehold l#iid buildinB Fixtllr¢> E4UlPmtJt15 Cost: Toikl Balancc broughi f(nYard AddiiiLTrll ai cosi FJispo£al ai c051 BaJ8n¢e cartied fi)rward 1.049.9$3 20.OCKI 19.999 235.810 19.275 22.270 .308.033 39.275 19_999 1.127.308 2)5.084 22.2?0 D¢pYccialio Bal8ft¢e br()U71 fthrtvard t)cprecialiiin Ch 211,847 228.022 2.024 16.199 224.1 i6 240.3)5 Ai 31 Dettmber2022 1.049.9i3 30.928 6.071 1.086.953 Ai 31 tk¢Llliib¢r2021 1.049.952 21.963 8.W4 I_O¥O.OU9 CIIRREN'T LI.,IYILITIF.S 2022 2021 Tradc creJiivrs 20.0 932 224 2.220 9.614 32.-%41 Oilier ¢rcdiiors Rcnt J¢p051rs 2.220 6.812 9.283