REGISTERED CHARITY NUMBER: 0264931 REPORT OF THE TRUSTEES AND UNALDITED FINANCIAL STATEMEYfs FOR THE YEAR ENDED30 APRIL 2023 FOR SIKH GURDWARA SOUTH LONDON Alchemy FinanLial Solutions Ltd 19 Edinbiirgh Drivc Staines- Ilpoii- Thames Surrey TW18 IPJ Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON CONTF.NTS OF THF. FINANCIAL STATF.MENTS FOR THE YEAR ENDED30 APRIL2023 Page Report of the Trustees lttdependent Examiner's Report Statement of FinAncial Activities Balance Sheet Iyotes to the Finaneial Statement5 6 to 10 Detailed Statement of Fin¥n¢ial A¢tivities Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL2023 'h¢ trustees preS￿t thtir report iwith the financial statements of the charity for the Vear ended 30 April 9023. -1.he ii"usiccs ha￿¢ allopicd Ihc prolis1o￿ of ALLoiiniing and Rcpofling bv Charitics." SiaiLmcni of RccornmLndcd Pi2LIiLC appliLable Io Lharilie5 prepdring their aLLI)unl% in aLL()rdanLe wilh Lhe FinonLidl R¥wrling Siandard appliLable in Ilie UK and R¢public of Ireland IFRS 1021 leff¢ctiv¢ I january 20191. STRLIC.I'URE, GOVERNANCE AND ￿lA￿AGEMENT Covernillg dorunieiit I'lie charitv is an uiiincorwrated charii>' and its governing document 15 the constitution. Risk management Tlie tiustees Inaiiitain a risk r¢gister to manage the I'isk to i¥liich tlie ¢liarity illay be exposed and they ensure tliat appropriate controls are in place to proTride reasollable assuranct agaillst fraud alld error. Public Benefit -l-he-I'iwsiees air aivare of tlie C'.harity Comrnission's guidance on public beiiefit repoiting as set out in tlie C'.harit1¢5 Act ?01 l and believe that its objectives aiid actil'ities of promoting the spiritual and religious adwancernent of the Sikh faith are fÉ)r Ihe ¥ener￿ benefit uf Ihe piibliL. Reserves policy The Iru51tts haTre established tlie Itvtl ot rtsen'es sutlicient lo tneei lis recurring oi'erheads coN'ering a mininium period of six monihs. The Irusiees IherefoTe consider ihai Ihe level ol unresiriLied general reserNes and restricied designaied re%enies at 21123 ()f £66.628 and £1.O28.24r)12022.. L39.711 and £1.fl35.8221 re4peLliiieli dre %uffiLient ti) uiiier Llie atrf)ve r¢riod. Prinripal funding sources The muin biiUlL¢ of inwme Voluntary inc￿[ne £71.33D12022.. £52,543). 'I'h¢ charit!, recei￿ed investment income of £21,80U12U22.. £23,9981 Significant activities The charitv main wras of ac¢ivitN tliis i-¢ar i¥¢r¢'. 'I"he Ineinbers approved tliat tlie (turdwara Constitution bc updated. subject to the necessar>. appro￿al of the Chaiil), Cummi%siun. All tlie rnajar Tel181n￿8 Inile%tnne8 in the Sikli Lalendar N4'ere celebrated with ini'ilations tn proininent Sikh preachers and scholars. TLaching ot'Punjabi and rcligious cduLation 10 Sikh Childrcn was interrupiLd on account ot'covid and the Irustccs arL taking SILPS to ILSIIML Ihc lI￿st8 ag soon as possiblL. Ali ongoing programtne of improi'eni¢iits to th¢ buildings and prenii5es has be¢n in progress during the ie4r. Htaih Stininars w'tre organised tor the benefii ot. our Inetnbers aboiii diseases such as diabetts. coronar>' heart problLms and dcmcniia and holy 10 kccp IhLm ai bav. Advicc and hLIp iiLfL ollcrLd to mLmbLYS who nccdcd il. A setninar. led a highlv itnpre%%icindble )()Iing Sikh iNhi) 4pent in()nth4 in i-evdmping the unril'alled Cjurdw￿d librar). a￿ut th¢ Sikh region and about the teacliings of th¢ Sikh (iuru5, was h¢ld priinaril) for the knefit of tlie Sikh >outh so that the>" ma), hai'e eas), access to the library knoks. Chari18blc ￿'ork SLich 85 providing tood lor ihc cldcTlv and nLYdv was undcrtakLn by voluniccrs. HeAlth SAfety The Charit}, has ali ongoing prograinmt ot H&S checks and improNemenis 10 safeguard the w'eltare ot. lis members and anv haLard identified li remedies iinmediaielN. Page I Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL2023 REFERENCE AND ADMIiYISTRATIVE DET.41LS RegiSte￿d Charity number 026493 1 Principil address 142 Nqtrton Road Southlields London SW185SP Trustte5 Jujhar Singh Plaha Ichairrnanl (date of apwiiitment l O Oct 2021} Nlrs.C'haran Kaur tihaLg-Aura Idale of apwiniment IV Junt 2U181 Mr.VarindLr Singh lc1LLtL￿ ioiior211 Mr.Atnrik Singh s￿1dhU leleLled 101101211 Mr..lasi¥ant %ingh (irewal l¢lected 101101211 Mr.1 lardei. Singh Soorae (elected 25191221 Mr.Kulwinder Singh Obercii le 2i191221 Resigned 1314123 Independent ExAminer Inderjoi Matharu FCCA AILhetny Fill￿7ClaI S(Ilution8 Ltd 19 Edinbiirgh Dribe Staines- Upon -'fhames Surrcy l-W18 IPJ 18 Jul 2023 Approvcd bv ordcr ol'ihc board oftrusiccs on. Mr J Plalia- I rustee Page 2 Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K INDEPENDENT F.XAMINF.R'S RF.PORT TO THF. TRUSTEES OF SIKH GURDWARA SOUTH LOIYDOiY Independent examiner's report to the trustees of Sikh Gurdwara South rqjort to tlie cliaril>' trustees on rny examination ot-tlie accouiits of sik.li Gurdwara South l.ondoii (the TTUStI for the Near ended 30 April 20*3. Responsibilities and basis of report As the charit>. trustees ot the I I￿st >'ou are re5wnsible for the preparation of the accounts in accordance wilh the rc4ulr￿rncntS ot'ihc Charitics Aci 2011 I'ihc Aci'l. I repurt in re%peLI uf m) exaiiiindti()n ()f the Tru%t'% dLLX)unt% C￿led uut under SeL*iun 14) uf the ALt and in l￿r>'ing out m? exarninaiion I hal'e followed all applicable Dire￿10n5 given by ihe Charitj Cornjnission under Section 14515iibl ot'ihe Aci. Independent exAminer's statement I have completed m! examinaiion. I confirm rhai no material maiters ha￿t come io m! anention in connethion ii'iih ihe examination giving me cause 10 btliei'e thai in atiy maierial respeci.. accountiiig reco1￿8 Iwere not kept in respect of the'l"rust a5 Irquired by Section 130 of th¢ Act; or the aL£ounis do not accord M-.iih ihose records,. or the acciiunl% d<) n requirernent that the aLL()unt% ¥ive a true and fair view wliich i5 llot a Inatter considered as part of an independent exaniination. liave L()nLem% hdve c()tne ni) i)Iher tlliilter% in LiinneLtii)n with the eX￿l￿atIl￿n l() whiLh attenliun shciuld be drawn in tliis report iii ord¢r to enable a proper und¢rstwiding of th¢ account5 to be reached. Inderjot Matharu Alcheniy Financial SolutlOn5 T.td 19 Edinburgh Dribt Siaines- Upon- Thames SuTrey TW18 IPJ Date-. 18 Jul 2023 Page 3 Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL2023 2022 Total funds Unrestricted RestTiCted fi]nds funds Total funds Noies INC.OME AND ENDOWMENTS FROP¥l L)onations and legaci¢s 78,-130 78.330 52.543 In￿esIMent incornc 21.800 21,800 23,998 TotAI 11)U,130 100.130 76,541 EXPENDITURE ON Charitable artivitie5 ChJritknle aLtiN'itie 73,213 73.213 70.249 Other 7,582 7.582 8.223 TotAI 7.582 80.795 78.472 NET INCOMEIIEXPENDITUREI 26,917 17,582) 19.335 RECONCILIATION OF FUNDS "l otal fund5 brouglil fOr￿ard 39,711 1.03i.822 ,075,533 1,077.464 TOTAL FUNDS CARRIED FORWARD 66.628 1.028.240 1.094.868 1.075.533 The notes form part of these financial statements Page 4 Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON BALANCE SHEET 30 APRIL 2023 2022 Total funds Unrestricted RestTiCted fi]nds funds Total funds Noies FIXED ASSETS -1 angible a55ets 1.028,240 1.028.240 1,035,822 CURRENT ASSETS C&41i dl bdnk and in h￿id 75,848 75.848 46.423 CREDITORS Ami)Iirt15 falling Liue wiihin one }'eat 19,220} 19,2201 16,7121 NET CURREiwf ASSETS 66.628 66.628 39,711 TOTAL ASSETS LESS CURREiwr LIABILITIES 66,628 1.028,240 1.094.868 .075.533 NET ASSETS 66,628 1.028.240 I,Q94.868 1,075.533 FUNDS Unrestricttd fullds RcsiriLtcd lunds 66.628 1,028,240 39.711 1.035.822 TOTAL FUNDS I,U94.868 1.07.5.533 Th 18 Jul 2023 Ih Mr J Plaha- Trusie£ The notes form part of these financial statements Page 5 Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL2023 AccouiYfiNG POLICIES Basi5 of preparill% the financial statements The finanLidl %idlLlllLmL% l)r Ihe LharilN'. whiLh is a piibliL benefil entil), under FRS 102, have been pi-epared i accordance i%'ith tlie Charities SORP IFRS 1021 'Accounting and R¢porring b>. Chw'itie5.' Statement of Recommended Pra￿let applicable 10 chariiies prtparing Iheir attounts in accordance wilh iht Financial RLPI)ILing £iiinLiard dppliLable in the IJK Éind RLpiibliL ol. Ireland (FR£ 1021 lerfeciiwe l jLin￿r￿ 20191,, Findncial Rcwrting Siandard 102 'Thc Financial RLWrting Standard dpplicablL in IhL UK and RcpubliL of Irelaiid, and the Charities Act 2011. I he financial statements have been prepared uiider the liistorical c05t convention. All incoint is recognised in the Siateintnt of Financial Aciivities once the charit! has entitlement to the tunds, it is probablc lh￿ iht incomL %viII bL fLYLiicd and Ihc amouni can bL mcasurLd rLliably. Expenditure Liabilities are recognised as eipenditure as soon as there is a Itgal or constructive obligation cominitling the Lhdrit) tu thdl expendilure, il is PT(Ibiible Ihat d Iransfer ()f eLI)rK)IniL benefils %%'ill be reciuii-ed in %eiiletnent Ihe atnount ofihe obligaiion Lan be tneasured reliably. Expendilure is aLLounied for an aLLriials basis and has iKen classifi¢d uiider h¢adings tlvt aggr¢gate all cost r¢lat¢d to the categor}-. 11.'her¢ costs cannot be diirctl atiribuied 10 particular headings they liave been allocated to aciiTriiies on a basis consisteni with Ilie use of resoLifLes. Tangible filed a55ets Dep1'eeiatlOll Is proi'ided at the follo1￿ing ￿nUal rates in order to w'rite off eacli asset ovei. its estimated useful l.reehold property Plant and machincrv Fiitures and fittiiigs 0.05 /0 on r&lucing balance 200/0 on rLduLing balancc 200/0 oli Irducing balance TAxatiort The Lharily is exempl from tax on ils chariiable aLliNilies. Fund attourtting Unrcstrictcd lunds can bc uscd in accordancc with IhL charitablc objLXtivcs at Ihc di￿rLi10n of thL Irustccs. R¢strirt¢d funds can onlN' be u5¢d for particular restri¢led pur￿5¢5 i*ithin the objects of tlie charitv. Restrictions arise ￿hen specitied b>. Ihe donor or w'hen funds are raised tor pariicular restricted purposes. Furtliei expl￿￿tIO17 ()f the ndture purpuse of eaLh fund is inLluded in the nute% to the fin￿LIa] stalemenls. Pettsitsrt tosts other post-retiremetht bertefits ThL charitv opcraics a dcfincd wniribliiion PLnsion schLmc. Contributions pa>ablc io ihc chariij's pcnsion hem¢ are chaTged to th¢ Siaternent ot Financial Artiviti¢s in Ilie p¢riod lo which tliev r¢lal¢. Page 6 continued... Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON NOTES TO THE FINAiYCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 APRIL2023 INVESTMENT INCOME 2023 2022 Renls ieLeived IDter¢st receivable. trading 21,1100 23.950 48 21.800 TRIISTEES, REMUNEIL4TION AND BENEFITS There ni) triisiees, retnuneratii)n i)r uther benefjts for the year ended 30 April 2023 nor fui the yeaT ended 3a April 2022. Trustees, eipenses There ￿￿ere no tru5tees' expenses paid for tlie yeaT ended 30 April 2023 nor for the year ended 30 April 2022. STAFF COSTS Th¢ average monthly number of ¢inploy¢e5 during the year i¥as as folloi¥5'. 2023 13.179 2022 Wage5 No emplowees receii'ed emoluments in excess of £60.WO. COMPAIUTIVES FOR THE STATEMEIYT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMEwfs FROM tknnations and l¢guci¢s 52,543 i2,)43 Ini'esiment income 23.998 23,998 Tot*1 76,)41 76,541 EXPENDITURE ON Charitable activitics 70.249 70,249 Other 8.223 8.223 Total 70.249 8.223 78.472 NET INCOMEIIEXPENDITUREI 6,292 11.044.045) 18,2231 1.044.045 Transftrs betwten funds Net movtmtnt in funds 11.037.753) 1.035.822 RECONCILIATION OF FUNDS Ti)tsl flind% br()ughi fiirwaid 1,077,464 l.(J77.464 Page 7 continued... Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON NOTES TO THE FINAiYCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 APRIL2023 COMPAIi4TIVES FOR THE sTATE￿IE1yr OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted funds funds Total funds TOTAL FUNDS CARRIED FORWARD -035.822 -075.533 TANCIBLE FIXED ASSETS Fixtures and fittinbls Freehold property Plant and nL4Lhinery Totals COST Ai l May 2022 anli 30 April 2023 1.028.644 2.789 157.644 1.189.077 DEPRECIATION At l MilN 2022 C'haTge foi. year 5,143 ,736 146.376 2,253 153,255 7,582 At 30 April 2(J23 10.261 1.947 148,()29 160.1137 NET BOOK I'ALLE AI 30 April 2023 1,018.383 842 9,015 1,028,240 At 30 April 2022 .a23,ial 1.053 1.03i.822 CREDITORS: AMOUNTS FALLING DUEIVITHIN ONE YEAR 2023 2022 Taxation and ￿riaL securiry her creditors 12 6.700 9.220 9.22(J 6.712 MOVEMENT IN FUNDS Net movement in funds At At 1.5.22 Unrtstritttd futtds GL"nLral fund 26,917 66.628 Rtstrieted funds tksignated Fund- Restricted 1,035,822 17.582) 1.028.24f) TOTAL FUNDS .075.533 19.335 1.094.868 Page 8 continued... Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON NOTES TO THE FINAiYCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 APRIL2023 MOVEMENT IN FUNDS- continued Nci ma￿eMen1 in lurtds, includcd in Ihc abo%'c arc as lolloiys.. Incoming resources RestsuTces expended Movement in funds Unre5¢rirted fund5 c￿neral fund 100.130 173,2131 26.917 Rtstritted furtds Designated Fund- RestTlCted 17,5821 {7,5821 NET MOVEfiqENT IN FIINDS 100.130 180.79)) 19.335 Cothparatives for movtmtnt ith funds Net niovenient in funds Transfers between funds At At 1.5.21 Unrestricted funds GL"nLral fund 1.077.464 6.292 11.044.045) 39.71 Rtstritted futtds DL"slgnaiL￿ Fund- Rcstrictcd 18,2231 1.044.045 ,035,822 TOTAL FUNDS 1.077.464 .075.533 Comparativ¢ net Inov¢in¢nt in fvnds. in¢luded in the alMiv¢ ar¢ as follow5.. Incoming resources Resoiirces expended Mol'ement in funds Un￿St￿tted funds General tund 76.541 170.2491 6.292 Restricted fulld5 t)e5ignat¢d Fund- R¢stricted 18,2231 18.2231 TrIET MOVEMENTS IN FUNDS 76,541 178,4721 Page 9 continued... Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K SIKH GURDWARA SOUTH LONDON NOTES TO THE FINAiYCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 APRIL2023 RELATED PARTY DISCLOSURES Thcrc i%'crc no rclaicd parlv Iransaciions lor thL ycar cnded 30 April 2023. Page 10 Zoho Sign Document ID." 2B480F6￿clRQUxl23EFEOolTF￿￿LRlBs KAV1PIPUTVPJGS9NG81K