2022-02-28-accounts

		Page
Report ofthe Trustees		2-7
Report ofthe Independent	Auditors	8-10
Statement of Financial Activities
Balance Sheet		12
Notes tothe Financial Statements		13-17

		Present - from 21April 2022	Previous
...continued
Store Keeper		Harjit Singh Rooprai
Education Secretary		Mrs Manjit Kaur Matharu
Cultural and	Sports Secretary	Balbir Singh Barrni
Matrimonial	Secretary	Pritam Singh Bamrah
Statutory Auditors		Business Ledger Limited, Chartered	Certified Accountants
		3Waterside Drive, Langley Berkshire	SL3 6EZ

	Note		Total
		General	Funds
		Fund	2021
		f	E
INCOME and ENDOWMENTS
Donations and legacies		206,717	92,425
Other Income		30,704	13,794
TOTAL INCOME		237,421	106,219
EXPENDITURE
Charitable activities		187,818	198,728
Fund raising		360
Governance costs		3,816	1,915
TOTAL EXPENDITURE		191,994	200,643
Operating (Deficit) Surplus fo rthe year		45,427	(94,424)
Net Gains on Investments			840,000
NET INCOME/(EXPENDITURE)		45,427	745,576
NET MOVEMENT IN FUNDS		45,427	745,576
RECONCILIATION OF FUNDS
Total funds brought forward		3,809,449	3,063,873
Total Funds carried forward		3,854,876	3,809,449

		Note	General	General
			Fund	Fund
				2021
				E
FIXEDASSETS
Tangible assets		9	2,246,185	2,247,488
Investments		10	1,275,000	1,275,000
Totalfixed assets			3,521,185	3,522,488
CURRENT ASSETS
Debtors			7,481	5,056
Cash at bank and in	hand		334,222	286,232
Total current assets			341,703	291,288
UABIUTIES
Creditors: Amounts	falling due within
one year		12	(8,012)	(4,327)
NET CURRENT ASSETS			333,691	286,961
TOTAL ASSETS LESS	CURRENT LIABIUTIES		3,854,876	3,809,449
TOTAL NET ASSETS			3,854,876	3,809,449
FUNDS
Unrestricted funds			3,854,876	3,809,449
TOTAL FUNDS			3,854,876	3,809,449

			2022	2021
			f	f
2	DONATIONS	AND LEGACIES
	Donations		206,717	92,425
			206,717	92,425
3	OTHER INCOME
	Government	grants	10,484	9,616
	Rental Income		11,653	1,588
	Interest		8,567	2,590
			30,704	13,794

			for	the yea	r ended 28 February 2022
						2022	2021
						f	f
4	CHARITABLE ACTIVITIES
	Worship costs					66,694	73,299
	Subscriptions and donations					1,532	800
	Food and vegetables					26,799	11,154
	Kitchen utensils						311
	Panjabi and music school					2,053	1,385
	Unpaid cheques/refunds						250
	Telephone					3,954	3,279
	Postage and stationery					789	148
	Laundry and cleaning					4,797	2,868
	Repairs and maintenance					22,247	33,855
	Sundry expenses					863	385
	Water rates and council		tax			13,299	13,320
	Insurance					7,737	7,441
	LIght and heat					29,659	46,373
	Bank charges					136	34
	Depreciation					7,259	3,826
						187,818	198,728
5	FUND RAISING
	Advertising
6	GOVERNANCE COSTS
	Legal and professional					1,816	715
	Audit fees					2,000	1,200
						3,816	1,915
7	NET GAINS ON INVESTMENTS
	Gain on revaluation						840,000
							840,000
8	STAFF COSTS (induded		in Charitable	Expenditure)
	Worship costs					65,387	72,834
	Music &Punjabi teachers					2,053	1,385
	Employer NIC					751
	Employer Pension costs					556	465
						74,684	74,684
	The average monthly	number ofemployees			during the year was as follows:

		Freehold	Fixtures
		land L	fitting &	Ubrary
		buildings	equipment	books		Total
		E	E	f
COST OR VALUATION
At 1March 2021		2,216,148	188,410		3,853	2,408,411
Additions			5,956			5,956
At 28 February	2022	2,216,148	194,366		3,853	2,414,367
DEPREQATION	AND IMPAIRMENTS
At 1March 2021			158,382		2,541	160,923
Depreciation			7,197		62	7,259
At 28 February	2022		165,579		2,603	168,182
NET BOOKVALUE
At 28 February	2022	2,216,148	28,787		1,250	2,246,185
At 29 February	2021	2,216,148	30,028		1,312	2,247,488
INVESTMENT PROPERTY
VALUATION
At 1March 2021						1,275,000
Transfer
Revaluation
At 28 February	2022					1,275,000

			2022		2021
			E		f
11	CURRENT ASSETS
	Prepayments			3914	4,125
	Other debtors			3567	931
				7,481	5,056
12	CREDITORS: AMOUNTS	FALUNG DUE WITHIN ONE YEAR
	Other creditors			8,012	4,327
				8,012	4,327

			2022	2021
			E	E
H SRooprai			10,849	10,054
H 5 Builders	-	SBharji	3,512	2,952
Aromabath	-JSJandoo		1,950	2,692
H 5 Sira			683	683
S SJandu			2,176	620
G5 Bhambra			1,905	304
TSUbhi			504
K5 Panesar
-All amounts		were paid during the year.

		Gener	al Fund
			Total	Total
			2022	2021
			f	f
Income
Voluntary Sounes
Donations			121,187	56,002
Golak			85,256	36,423
Rent			11,653	1,588
Punjabi school			225
Sundry deposits			49
Investment	income		8,567	2,590
Government	Grant		10,484	9,616
Exceptional	item
- Gain on revaluation				840,000
Total Income			237,421	946,219
Expenditure
Wages			66,694	73,025
Panjabi and	music school		2,053	1,385
Kirtan bhet	and	siropaos		274
Subscriptions and donations			1,532	800
Food and vegetables			26,799	11,154
Unpaid cheques/refunds				250
Advertising			360
Telephone			3,954	3,279
Postage and	stationery		789	148
Laundry and	cleaning		4,797	2,868
Repairs and	maintenance		22,247	33,855
Sundry expenses			863	385
Legal and professional			1,816	715
Water rates	and	council tax	13,299	13,320
Insurance			7,737	7,441
Ught and heat			29,659	46,373
Bank Charges			136	34
Depreciation			7,259	3,826
Audit fees			2,000	1,200
			191,994	200,643
Net Movement		in Funds	45,427	745,576