RAMGARHIA SIKH SOCIETY BEDFORD 33-39 AmpthS11 Street, 8edford, MK42 9BT Registei'ed Charity Number: 266296 ANNVAL REPORT AND ACCOUNTS FOR THEYEAR ENDED 30° APRIL 2025 Reglstered Charity No. 266296 RAMGARHIA51KH SOCIETY BEDFORD ANNUAL REPORT FO TH THE YEAR ENDED 30 APRIL 2025 CONTENTS PAGE Charlty reference and administrative information Annual report 2to4 Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to Finarttial Statements 8t016 RAMGARHIA IKH SOCIFfY BEDFORD Registered Char¢ty No. 266296 ANNUAL REP FOR THE YEAR ENDED 30 TH PRIL 2015 Name of Charlty: Ramgarhia Slkh Society Reglstered cha￿tY No 266296 Govemlng Document: Constltution Address: 33- 39 Ampthlll Street, Bedford. MK4298T Trustees: The following persons served as Members of the Executlve Commlttee of thè Gurudwara.. (Management Trvstèesl 11 Pr@sident- 21 Deputy President- 31 Secretary- 41 Deputy SÈcretary- 51 TreasLbrer- 61 Deputy Treasurer- 71 Committee Member- 81 Committee Member- 91 Commlttee Member- IOICommittee Member- Gurmail Singh Jootle Baldev Singh Bhog31 8alwinder Singh Gahir Satnam Slngh Galsin 5haranjit Kaur Sira Amarlit Singh Bhogal Kulwant Singh Bahra Sandeep Slngh Slra Tara Slngh Chana Kulwant Singh Ubhi Bankers: National Westminster Bank 81 HiÈh Street Bedford MK40 JNE Accountantsllndependent Examlhers: Haines Watts First Floor Woburn Court 2 Railton Road Woburn Road lrtdu5trial Estate Kempston 8edfordshire MK42 7PN RAMGARHIA XHS C ETY BEDFORD Reglstered Charlty No. 266296 TH ANNUAL REPORT FOR THEYEAR ENDED 30 APRIL2025 T¥u5tees of the ¢ arlt Please refer to page I for trustee Informatlon. structur Governance and Mana ement The charitv Is an unincorporated organisation. It is governed by the regulations set out in its constltution. New Board members are elected every two years at the Anntjal General Meeting IAGMI. The management board is aware of the potenllal risks to the eharitvy includinE financi21 risks and has implemented strategles to control or rf)Inlmise these rlsks. Assessments have been undertaken of the major ri5k5, govÈrnance and compllance with law and regulations. Ob ectlvÈs and Activltles for the Publlc Beneflt The Gurdwara has been In existence ever since 1960 as a Place of Worship for the Slkh Community, initially in Victoria Road, Bedford and later at its present site at 33-39 Ampthill St￿et, Bedford. Obje¢ts.. The objects of the Gurudwara (Charity) ale to advance. permit and propagate the Slkh religlon in Bedford and surroundlng areas13 Place of Worship). by cèlebrating the principal Slkh Religious Festivals. by extending a welcome to all Sikhs newly arrlved in or visitlng 8edford and to manage the Gurudwara In accordance with Slkh tenets and local Government rules and regulations. The charities trugtees have reB3rded that the servlces undertaken do bentrflt the public. All the ch3ritable actlvlties focus on the advancement of the Sikh religion, counselling advice and information to the communlty. Achlevements an Performance All the object listed above wère carried out to the fullest by the trustees In the year to 3010412025. RAMGA SIKH SOCIETY BE OR ft￿lStered Ch4rity No. 266296 ANNUAL R ORTF THE YEAR ENDED 30-APRIL 2025 ¢ontlnued... anelal Re¥lew The charitable organisation services are malnly reliant on voluntary income from the congregation. The trustees feel that this was a partlcularly good year. A summary statement of thè financial activltles for the year is shown on page 6 of the accounts, Thls shows that during year total income of £72,677 was received and after expense5 the net surplu5 of £10,567 was added to reserves. The Gurdwara, % current regeives pollcy is simply to maintain suffi¢lent tash flow for known commitments and runnlng costs for the next 6 months. The trustees have forecast the level of free reserves (bank and c35h reserve51 as belng £1,104,339 which are all in the form ol unrestricted funds. pi for erlods nd Public Be¥beflt The bulldin8 works at the new premises (located at the rear of the present Gurdwa¥al have not been commenced yet. However, any progress will be reported in the future accounts by the tru5teEs. Once completed there will be more room for extra devoteesltongregation. fte&yi5ter¢d Cliarily No. 26(>296 RAMGARHIA SIKH SOCIETY BEDFORD TM ANNUALREPORT FOR THE YEAR ENDEO 30 APRIL 2025 Statement of Trustees Res onslbllltles The trustees arè rèsponsible for preparing the Trustees, Report and the fifiancial statements In accordance with applicable law and United Klngdom Accounting Standards. The trustees are requlred by law to prepare account5 for each fSnancial year, which give a true and fair view of the financial actlvltles of the charity and Its flnancial position at the end of that year. I preparlng these fSnancl31 statemenis, the trustees are requlred to: Select suitable accountlng policies and then apply them consistently,. make judgment5 2nd estimates that are reasonable and prudent. state whether accout)ting 5tandaids and statement of recommended practice have been followed subject to any material departures disclosed and explained In the accounts,- prepare the flnancial statÈments on the going concern basis unless it Is Inappropriate to p¥esume that the charity will continue In opèratlon. The trustees are responsible for keeping proper ac¢ounting records that disclose with reasonable accuracy at any time the financlal position of charlty and to enable them to enstjre that financial statements comply with the Charities Act 2011, the applicable Charitles (Accounts ènd Rppnrtsl Regulations. They are also re5ponslble for safeguarding the assets of the charity and hence for takin8 reasonable Steps for the prevention ancl detection of fraud and other irregularitie5. In 50 far as the irustees are aware - there is no relevant Information of which the charity's ex3mlners ie unaware,. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that thÈ examlners are aware of that information. Approval This report was approved by the trustees on......- and signed on their behalf. Gurmall Singh Jootle IPRE51DENTI Sharanlit Kaur Sira IHON.TREASURERI Rt81s￿red Charfty No. 266296 Independent Examlnerfs Report to the Trustees of Ramgarhia Slkh Sotlety Bedford I report on the accounts of the charity lor the year ended 3Q Aprll 2025 which are set out on pages 6 to 16. Responslbllltles and basls of report As the charivs trustees you are responslble for the prepa¥aiion of the accounts in ètcordance wÉth the requirements of the Charitle5 Act 20111'the Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying Out my examination I have fDllowed all the applicable Directions given by the Charity Commisslon under section 145lSllbl of the Act. Independent examiner's réport I have campleted my examin3tion. I confirm that no material matters have come to my attention in connection wlth the examlnatlon gSving me cause io belleve that in any material respect-. accountlng records were not kept In re%pect ol the charity as required by sectbon 130 of the Act,. or the account5 do not accord wlth those recordg., or the 3ccounts do not comply with the applicable requirements concerning the form and content of accounts set out In the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts glve a 'true and fair view, which Is not a matter considered as part of èn independent examination. I have no COn￿r￿S and have come acr055 no other matters in connection with the examination tc• which attentlon should be drawn in Ihis report in order to enable a proper understandin8 ol the accounts to be reached. Alberto DI Lorenzo FCA Date Haines Watts Charte￿d Accountants Flrst Floor, 2 Woburn Court 2 Railton Road Kempston Bedfc)rd MK42 7PN Re8lstered Charity No. 266296 RAMGARHIA SIKH SOCIETY BEDFORD Statement of Financlal Actlvltles For the ear ettdèd 30 A ri12025 2024 Notes Unrestrictèd Funds Unrestricted Funds Incomin Resources Donatlons & Grant5 72.577 100,275 Tot 72,677 100,275 Ex nditure on Chariiable Activities.. Ilncluding governance c05t51 131 62,110 49,611 Total Rèsources Ex ended 62.110 49,611 Net Movement In funds 10,567 50,664 Funds at 30 th rll 2024 Iiii 1,093,772 1,043,108 th Total Funds at 30 A rll 2025 1,104,339 1,093,772 Registered Charity No. 266296 RAMGARHIA SIKH SOCIEfY BEDFORD TH BALANCE SHEET as at 30 APRIL 2025 2025 20Z4 Axed Tangible Assets 171 554,584 555,619 Current Assets Stocks Cash In Bank and In Hand Debtors & Prepayments 250 429,236 109,727 539,213 191 438,341 111,827 550,368 Creditors.. amounts due wlthln one year 181 16131 11,0601 Net Current Assets 549,755 538,153 Net Assets iioi 1,104,339 1,093,772 Charlt Funds: Restrlcted Funds Unrestricted Funds General Funds Deslgnated Funds 678,988 425,351 677,674 416,098 Total Funds Iiii 1,104,339 1,093,772 Approved by us on [L for and on behalf of all the trustees Gurmai Singh JoDtle {PRESIDENTI Sharanjit Kaur Slra IHON. TREASURER} Registered Charity No. 266296 RAMGARHIA SIKH SOCIETY BEDFORD NOTES to the Flnan¢lal Statements for the ear ended 30, A rll 2025 Basis of preparatlon The charity coristltutes a public beneflt entlty as defined by FRS 102. The financlal statements have been prepa¥èd Sn accordance with Accounting and Reporting by Charitie5'. 5taternent of Recommended Practice applicable to charliles prÈparlng thelr accounts in accorclance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland issued in October 2020, the Financial Reporting Standard applicable in the United Kingdom and Republic of Irèland IFRS 1021, the Charities Act 2011 and UK Gènerally Accepted Accounting Practlce. Thè flnancial Statements have been prepared to give a 'true and fair, view and have departed from the Charitles (Accounts and Reportsl Regulations 2008 only to the extent required to provide a 'true ar5d fair view,. This departure has involved following the Accounting and Reporting by Chafltles.. Statemenl of RecommendÈd Practice applicable to charitiès preparing their a£i.ounts i 2ccordante with the Financial Reporting Standard applicable in the LIK and Republic of Ireland issued in October 2019 rather than the Accounting and Reportlng by Charltles: Statement of Flecommended Practlce effectlvè from l Aprll 2005 whlch has slnce been withdrawn. re fro SORP The charlty is seeking planning permission to cor)strutt a new building, and thè trustéès have considered the value of the land and buildlng currently hèld by the charity to be 3t cost, and as such has not charged depreciation on the building element. The financial statements are prepared on a going concern basi5 under the historical cost convention, modified to include certain items at fair value. The financlal statements are presented in sterling which is the functional currency of the charity and founded to the nearest £ Incomi Resources Incomlng resourtès are recognised in the statement of flnancial actlvitlès when entitlèment has passed to the Charity and the amounts are tert31n and, measurable. Any Incoming resources receivÈd that relate excluslvely to future periods are deferred on the Balance Sheet. Resources Ex ended Expenditure is recognised in the statement of financial activities when a liabilitv 15 incurred or Increased without a commensurate increase in recogriised assets or a reduction in liabilities. All expenditure is accounted on an accruals basis. Allocation of Costs Dlrect Activity Costs comprisè those cost5 that contribute directly to an activity and are allocated to the relevant activity. Support Costs comprise those Costs that are necessary to deliver an actlvlty but In themselves do not produce or deliver an activity. Governance Costs are those costs incurred to meet statutory and constitutional requirements. Registered Charity Wo. 266296 RAMGARHIA SIKH SOCIETY BEDFORD NOTES to the Flnanclal Statements for the ear ended 30th A ril 2025 contlnued... Funds (al Unrestrlcted funds. which are credited to the Income and Expenditure accounts are normally expendable at the dlscretion of the management. (b) Restricted fund5, which are for speclfic purpose déclared by the donors 3nd are credited to the Income and Expenditure account when received and debited to the same account when pald. {cl Designated funds represent funds set aside by the trustees for Specif￿ purposes. DÈ reciation Depreclation Is calculated so as to wrlte off the cost ol tan8lble fiKed assets on a reducing balance over their useful lives. The rates applied are as follows: Office Equlpment Flxtures & Flttlngs IO% on Reducln8 Balance Basis IO% on Redutlng Balance Basis The land has not been depreciated. The buildlng Is under construction and depreclation will only start once completed. Taxatlon-. The organisation is exempt from tax on Its charitable actlvities. Registered Charity No. 266296 RAMGARHIA SIKH SOCIETY BEDFORD NOTES to the Flnanclal Statements for the ear ended 30 A rll 2025 contlnued... 2025 2024 21 Do ns and le acles General DDnations GIFI Aid 72,677 100,275 72,677 100,275 31 L RESO ENDE Total Total 2024 Costs dlfectl allocation Servlces allocated to a fvltles Salaiies costs Repairs. Renewals and tleaning Sundries/Food Ll8htlHeat & Water Rates Rellgious Function Donatlons Depreclatlonlloss on disp05als Direct Direct 11.057 7,807 7,601 12,010 18,067 1,035 11.OS7 7,807 7,601 12,010 18,067 1,035 19,983 1,765 5,195 9,293 7,123 1,059 Direct Direct Direct Dlrect Su ort Costs Ilocated to a¢¢lvltles Premises & Admlnistration Usage 1,422 1,422 1,336 Bank charges Usage 503 503 759 GenÈral office Usage 2,008 2,008 1,986 Legal and Professlonal Usage 600 600 1,112 49,611 61,510 600 62.110 10 Registered Charlty No. 266296 RAMGA CIETY BEDFORD NOTES to the F an lal Statements for the ear ended 30 A Yll 2025 corttinued... 41 Net movements ol funds f Éar Thls Is stated after char in 30 04 2025 30 04 2024 Depreclatiorb/Loss on dlsposal 1,035 1,059 51 STAFF COSTS AND TRUSTEES REMUNERATION 30 04 2025 30 04 2024 Staff Costs and T ee's Remuneration Wages and Sèlarles Ilncluding Soclal Se¢urlty Costs) 11,057 19,983 No employee eamed more than 60,000 per annum. The trustees were not remunerated for the year ended 30 April 2025. 61 STAFF NLIMBeRS The average monthly number of employèes during the yeaf were 112024.. 31 li eglstered Charity No. 266296 RAMGARHI SIKH SOCIETY 8EDFORD NOTES to the Fl ncial Statements for the ear ended 30, A rll 202 continued.., TANGI8L£ FIXED ASSETS Land & Bulldln Flxtures ui Total Cost bllwd 545,267 35,338 580,605 Additions Cost at 3010412024 545,267 35,338 580,605 Dèpreclatlon blfwd Charge for the yèar At 3010412024 24,986 1,035 24.986 1,035 26,021 26,021 Net Book Value At 3010412024 At 3010412025 545,267 10,352 S55,619 545,267 9.317 554.584 81 CREDITORSAMOUNTS FALLING DUE WITHIN ONE YEAR 30 04 2024 Accru81s Othgr Credllors PAYE 570 540 520 63 613 1,060 12 Registered Cliai'ity No. 2662Y6 RAMG RHIASIKH SOCIETY BEDFORD NOTES to th# Flnanclal Statement5 lor the arended 30 th ril 2025 continued... 91 DEBTORS AND PREPAYMENTS 30 30 04 Debtor- Glft Aid reclahn Prepaymenis 111827 109.727 111,827 109 727 10) ANALYSIS OF NET ASSETS BETWEEN FUND Unrestricted Funds Restrictèd Funds Total Tanglble Fixed Assets 554,584 554,584 Stock 200 200 Debtors 111,827 111,827 Cash at Bank in Hand 438,341 438,341 Current LlabS1itles 16131 16131 Net Assets as at 3010412025 1,104,339 1,104,339 I l) Movement In Funds 82lance bllwd 0110512024 Incoming resources Resources expended Transfer between funds Balance clfwd 3010412025 Restricted Furbds UnrestrScted. Oesignated Funds tJnrestrlcted- General Funds 416,098 16,563 17,3101 425,351 677,674 56,114 154,8001 678,988 1,093,772 72.677 62,IlQl 1,104,339 13 RAMGARHIA SIKH SOCIETY BEDFORD RcgisteTed Cliarily No. 2fy62YfTr NOTES to the Financlal Statements fo earended 30 th ril 2025 contlnued... 12) Governa ce Costs The flgure of £600 Is the fee for the independent examSnation. 13) Unrestrltted Funds All Funds are use(S lor unregtrlcted purposes to Spend on activitiès that further any of the purposes of the charity. The designated funds havè bèen set aside by the Trustees for the purposes of bullding a new tèmple. 14 Rc8i51er¢d C.li&iily No. 26&2L)6 RAMGARHIA SIKH SOCIETY BEDFORD BALANCE SHEET as at 30th A rll 2025 2025 XED SSEYS Freehold property & Improvements Fixtures/FittingslEqulpment Addltlons 545,267 545,267 35.338 34,345 993 35,338 35,338 Less.. Depreciation 24 10,352 555,619 554,584 CURRENT ASSETS Stocks of Food etc. Oebtors & prepayments Bank Account 8051968 Bank Account 68888880 Cash 200 111,827 45,252 387,307 5,782 550,368 250 109,727 35,685 389,254 539,213 CURRENfLIA8ILITIES PAYE/Pension Creditors / Accruals 43 570 1,060 613 1.060 roTAL ASSETS OVER LIABILITIES 549,755 538,153 TOTAL EXCESS OFASSETSOVER LIA81LITIES Attumulated Funds b/fwd.lunrestrictedl Add: Surplus Inc. Over Exp. lunrestrictedl 1,093,772 10,567 1,043,108 50,664 15 RL'¥isicrrd Cli￿[][Y No. 26C)296 BED 2025 2025 INCOME unre5trlcted Subscriptltsns/ Donations Igrants Buildings Fund Tax RefundslAccrued Income 56,114 16,563 61,553 38,722 Total Income 72,677 100,275 LESS EXPENSES Water Rates Llght & Hèat Telephone Printing / Stationery I Postage Kirtan & Path Expenses Salary & Nl Insurance Repalrs & Renewals Refuse Collectlon Pest Control Accountancy Laundrylcleaning Sundry Expenses Depreciation.. Fixture & Fittin6S TV Licence Professional fees Food ett. Bank charges 1,866 9,777 357 230 2,520 6,458 407 478 18,067 11,057 1,779 7,357 368 7, 123 19,983 1,509 1,145 315 795 769 576 354 620 2,183 1,035 1,543 1,059 159 536 5,782 503 3,652 759 SURPLUS INCOME lunrestrlcted)