**SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD TRUSTEES' REPORT AND ACCOUNTS YEAR ENDED 31 MARCH 2022**
**CHARITY REGISTRATION NO: 265197**
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
|**CONTENTS**|**PAGE**|
|---|---|
|LEGAL AND ADMINISTRATIVE INFORMATION||
||1|
|REPORT OF THE TRUSTEES|2 - 3|
|REPORT OF THE INDEPENDENT EXAMINERS|4|
|STATEMENTS OF FINANCIAL ACTIVITIES|5|
|BALANCE SHEET|6|
|NOTES TO THE FINANCIAL STATEMENTS|7 - 8|
|INCOME AND EXPENDITURE|9|
1
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2022**
**REGISTRATION NUMBER:** 265197 REGISTERED OFFICE: 1 Union Row Handsworth Birmingham B21 9EN TRUSTEES: Mr Harmesh Lai Ghinda (Chair) Mr Harminder Kumar Segal Mr Jasbir Ram Mr Mohan HumrajRana Rai Mr Jagroop Samplay
## **REGISTRATION NUMBER:**
ACCOUNTANT
New Bond Accountants Church, Charity and Business Advisors 4a-6a Hythe Street Dartford Kent DA1 1BX
2
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities'
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **OBJECTIVES AND ACTIVITIES**
## **The Charity's objects are:**
- Advance the teaching of Shri Guru Ravidass Ji and the Sikh religion (from the holy book) among the community. Support other chairy organistion to relieve poverty throughout England and to other countries - In order to fullfill the above objectives only, Sri Guru Ravidass Sabha UK, Europe and Abroad shall trusttes have the following powers:
## **The main activities in relation to these objects are:**
- (a) To support community with employment, development, the prevention/relief of poverty
- (c) To give financial aid to chritable organisations up to a maximum of £500 in Europe. Any contribution or financial aid in excess of the £500 maximum should be decided only through a meeting and agreement of the general body. Any financial aid to charirable organisations for other countries abroad should only be decided by a meeting and agreement of the general body
- (d) To provide advocacy advice and educational support,
- (e) To bring co-operation, brother hood, love and unity in the community
The Charity through the trustees seek to ensure that all grants made are in keeping with the objects as is stipulated in the Governing document and those grants are used for such purposes through monitoring and
3
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2022**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019) Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **FINANCIAL REVIEW**
In the twelve months under review, total income was £51;127 and total expenditure was £36678 Net results for the year were £14,449 and carried forward funds including the balance from previous year 2021 was £18,540
## **RESERVES**
The Trustees believes that unrestricted funds which have not been designated for a specific use should be maintained so that in the event of a significant drop in funding, they will be able to continue the Charity's activities and are working towards achieving reserve levels of three to six months of running costs.
## **GOING CONCERNS**
At the tme of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees' continue to adopt the going concerns basis of accounting in preparing the accounts.
Approved by the Board of Trustees and signed on 27/04/2024
## _**ON BEHALF OF THE BOARD:**_
.......................................................... Mr Jasbir Ram (Trustee)
4
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD REPORT OF THE INDEPENDENT EXAMINERS YEAR ENDED 31 MARCH 2022**
I report on the accounts for the year ended 31 March 2022 set out on pages five to ten.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 130 of the 2011 Act
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts 'to be reached.
**………………………………………..**
**Omowunmi Shitta, FCCA** New Bond Accountants Church, Charity and Business Advisors 4a-6a Hythe Street Dartford Kent DA1 1BX
_**Date:**_
5
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2022**
|**INCOMING RESOURCES**
**Notes**
**Unrestricted**
**2022**
**Incoming resources from generated funds**
Voluntary Income
**2**
51,127
**51,127**
**51,127**
**RESOURCES EXPENDED**
Donation to Charity
3
5,000
5,000
Governance Costs
4
0
0
Donations/welfare/COVID Support
5
31,678
31,678
**TOTAL RESOURCES EXPENDED**
**36,678**
**36,678**
**NET INCOME/EXPENDITURE FOR THE YEAR**
£14,449
£14,449
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
4,091
4,091
**TOTAL FUND CARRIED FORWARD**
**18,540**
**18,540**|**2022**|**2021**|
|---|---|---|
||51,127|0|
|||**-**
0
0
0
**-**
**-**
4,091|
|||**4,091**|
None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2022 other than those included in the statement of financial activities.
The notes on pages 7 to 8 form part of these accounts.
6
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD BALANCE SHEET YEAR ENDED 31 MARCH 2022**
|**Notes**
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS/(LIABILTIES)**
**FUNDS:**
Unrestricted Funds
9
**TOTAL FUNDS**|**Unrestricted**
**18,540**|**2022**
0
18,540
(£1,200)
**£17,340**
**£17,340**
**£17,340**
**18,540**
**£18,540**|**2,021**
0
4,091
-
**£4,091**|**2,021**|
|---|---|---|---|---|
||||||
||||**£4,091**||
||||**£4,091**||
||||**4,091**
**£4,091**|**4,091**|
The financial statements were approved by the Board of Trustees and were signed on 27/04/24 on its behalf by:
7
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102) .The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Charitable activities**
Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the organisation. These include both directly attributable costs and apportioned support costs.
## **Governance costs**
Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support cost.
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Fixtures and Fittings - 25% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
8
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2022**
|**2. VOLULTARY INCOME**
Tithes & Offierings
Donations from other Charity Organisations
Donations from Belgiam Charity Organisation Abroad
**3. RESOURCES EXPENDED**
**Charitable activities by activity type:**
Donation to Charity
Donations/welfare/COVID Support
**4. GOVERNANCE COSTS**
Legal and professional fees
Accountant and Examination fees
**6. STAFF COSTS**
**Trustees' expenses**
**7. FIXED ASSETS**
**Fixtures and**
**Fittings**
0
**8. CREDITORS : Amounts falling due after one year**
Other Creditors
**9. MOVEMENTS IN FUNDS**
**Unrestricted Funds**
**Balance at**
**01/04/2021**
**Incoming**
**Resources**
General Fund
**£4,091**
**£51,127**
**Unrestricted Funds Previous Year**
**Balance at**
**01/04/2020**
**Incoming**
**Resources**
General Fund
**£4,091**
**-**
There were no trustees' expenses paid for the year ended 31 March 2022|**2022**
7672
42,455
1,000
**£51,127**
**2022**
5,000
31,678
0
1,200
**Freehold**
**Property**
0
**2022**
1,200
**Outgoing**
**Resources**
**£36,678**
**Outgoing**
**Resources**
**-**|**2021**
0
0
0
**-**
**2021**
0
0
0
**-**
**Total**
**-**
**2021**
**0**
**Balance at**|**2021**
0
0
0
**-**
**2021**
0
0
0
**-**
**Total**|
|---|---|---|---|
||||**-**
**2021**|
|||**31/03/2022**||
|||**£18,540**
**Balance at**||
|||**31/03/2021**||
|||**£4,091**||
9
## **SRI GURU RAVIDASS SABHA UK, EUROPE AND ABROAD INCOME AND EXPENDITURE YEAR ENDED 31 MARCH 2022**
|**Incoming Resources:**
**Voluntary income:**
Tithes & Offierings
Donations from other Charities
Donations from Abroad
Total incoming resources
**RESOURCES EXPENDED:**
**Charitable activities:**
Donation to Charity
Donations/welfare/COVID Support
**GOVERNANCE COSTS**
Legal and professional fees
Accountant and Examination fees
**Total resources expended**
**Net Surplus/Income**|**2022**
**£**
7672
42,455
1,000
**£51,127**
5,000
31,678
**£36,678**
0
1,200
**£1,200**
**£37,878**
**£13,249**|**2021**|
|---|---|---|
|||**£**
0
0
0
**-**
0
0
**-**
0
0
**-**
**-**
**-**|