##
|||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|