Rcgi51¢r¢d charity numb¢r'. 271627 GURU NA.NAK GURDWARA FOR THE YEAR EYDED 28TH FEBRUARY 2023
Guru Nanak Gurdwarg Ib Year Ended 28 February 2023 Contents Chartty Infomiation 2-4 Trustees, R¢port Staiernenl of Financial Activities Balatkc¢ Sh¢¢t 7-9 Notes to the Financial Statcmcnts 10. Independent Examiner's Report
Guru Nanak Gurdwara Charity Information as of 28, Februgry 2023 Charity name Guru Nanak Gurdwara Charlty number 271627 Principal Address Guru Nanak Gurdwara Luton 2a Dallow Road Luton Bedfordshire LUI ILY Trustees Mr. Kuldip Sin8h Sander (Pre¥i¢knt) Nqr. Jasvinder Sin8h Na8r4 (Vice President) Mr. Mrs. Mand¢¢p Kaur Sangha (General Secreiary) Mr. Gurjeet Singh Malhotra {Assisrant General S¢¢rclary) Mr. Jagta Sinsh Rai {Siage Secretary) Mr. Hardip Singh Walia (Treasur¢r) Mr. Swjeet Singh Kalsi ITre8surer) Mrs. Kawaljeei Kaur Dabb (Education Se¢ret Mrs. Avneet Kaur Aulakh (Educgtion) Mr. Gopdl Sin8h Dhami (Building control) Mr. Jatender Singh Marvaha (Techni¢#l Se¢r¢l8ry) Mr. Dalbagh Singh (Member) Mr. Gurwanl Singh (Member} Mr. Jaswinder Sinsh Chokker (Member) Mr. Karl Takhai Sin¥h Solanki (Member) Mr. Amarjii Sin8h Ryatt Mr. Raminder Singh Sidhu Mr. Suhib Singh Hundal Mr. Kuldip Singh Mr. Teja SLll8h Aulakh Independent examlner SAmson AkiDolx, FCCA Chartcrcd Ccrtified Accounlants 7 George Street West Luton Bedford5hire LUI 2BJ
Histo Ob ectives and Activities of the Chydri On inception, il was believed the cohesion and togethemess of the members of-the Sikh failh in Lulon required addressing. The charity began with an initial donation, Both the initial donation and subsequent donations have been under the terms which allow the trustees to eilher retain the amounts as capital or to spend them. The objectives of the charity include.. al To bring together members of the Sikh communty in Luton for deeper dialogue and cooperation bl To increase urKJerstarKling and trust within the Sikh community, building on commr)n ground between them yel respecting the unique contribution which each brings cl To work towards greater social cohesion and communty iniegration in Luton d) To provide a place ofworship for rn8mbers ofth8 local Sikh community ana •ment and Governan Arran The constitution provides for a minimum of five trustees. Imiere there is a requirement for new tru8tees, these would be idantified and appointed by the remaining trustees, subj.ect to approval by the AGM. The chair of the Iruslees is responsible for the induction of any new truslee which involves awareness of trustee's responsibility, the governing document, administratlve procedures, and the history and philosophical approach of the charity. The trustees have taken steps to identify major iisk5 to which the charity is exposed and system3 have been established to mitigate those risks. Current Year urr The Executive Committee has worked to keep the day40-day activities of the Charity continuing smoothly in line with the aims and objedives. This has included Ihe following: The Gurdwara wa5 closed much of Ihe time due to the Covid 19 virus, Iljhen pemiitted. in line with the. regulations, the Gurdwara was re-opened with very limited service and has b8en very difflcult. Organise the celebration and marking of major events and dates in the Sikh Calendar. Supporting the Memberfs (Sadh Sangat) events such as celebraticns marking new births. birthdays, engagements, marriages and the general well-b8ir¥J of families. Support members wlh the religious formality of deaths. Providing members with documents required fcf regulatory authorities. School children and teathets, from Bedfordshire and Hertfordshire, for Sikh religious education during visrts have been limited, Kept dose relationships with l¢xal authoribe$ and communities including the police and the council. Supported the Police Communty Cohesion. Cornmunty Safety. Crime ReduGti¢)n and
Counter Terrl$M Teams. Provided education on Sikh activities and religion on their regular visits. Many of the required statutory certifications were obtained through the relevant bodies. Organise the weekly events including the SurKlay Prayer Day. the Senior Citizens Day Centre, Music. Punjabi and Sikh history dasses forthe thildren. Turban-tying events and Gompetilions held lor children. Support Sikhi Camp events during school holidays for children. Arrange for the Gurdwara (Sikh Temple) to be open daily to all, induding non-sikh ¢ornmunities, to drop in at will and suit the individual. Provide a kla¢e for community social gatherirvJs. Social Gatherings, and the Day The Centre has been rnostly closed. Funded member visits to support protests of interest to the Sikh Community. The working environment during the year has been positive resulting In good progre$8 on the New Building project. Having initiated the proj•cl successfully. the congregation moved into it8 new purpose-built place of worship in Dec 2021. The building is now fully operational. aTrd functions as intended, allowing for the demolishing of the old slrudure which was vacated. The Executive Cornmittee would like to thank the Sadh S8ngat {Sikh Communrty) for their moral 8UPPOrt. advice. time and extraordinary financial 8UPPOrt for the new building project utura Plan Continue and strengthen the regular activities that are the foundation of the charity as outlined above wrth the COVID-19 difficulties. Finalise the New Build project and arrange the Smooth transition and occupation of tha new building. Continue to keep the project to plan and budget in regard to final costs. Take a view on how the charty can further support the Community in 8 post-COVID world. Th¢ nct incoming resources for the year was a gain of £432,632 {2022 - £847.857). At the end of the financial year, Ihe reserves of unrestricled funds were £3.733.394 (2022 - £3,505,343). The adequacy of the re5¢rves policy is reviewed annually. Th¢ tru5t¢¢s are salisfied that reserves are presenily mor¢ than ad¢quatc to mcel future expenditures. The reserves policy is to have reserves available in order lo ensure the day-lo-day operation continues into the fore$e¢able future. No ma(ters or circumslanc¢s have arisen since the end of the financial year which significantly affe¢ied or may significantly affecl the operations of the charity. the result5 of these operations or the stste of affairs of ¢h¢ charity in the financial year subsequent to the financial ycar ended 28, February 2023.
Charity law requires the truslees to prepare the financial stat¢m¢nts for each financial year which show a I¢ and fair view of the slate of affairs of the charity and its financial 8c¢ivities for that year. In preparing Ih05e financial statements. the trustees are required to: Seleet suiiable accounting wlicies and then apply them consistenily. Make judgments and eslimates that are reasonable and prudenl. State whether applicable accounting sthndards and staiements of r¢commended practice have been followed, subjec( to any departures disclosed and explaincd in ih¢ financial statements. and Prepare th¢ financial statements on 8 going concern basis unless it is inappropriate 10 presume Ihat the charity will continue in operaiional existence. The Iruscees are r¢sponsible for k¢¢ping proper accounting records which disclose with reasonable aLcuracy at any lime thc financial position of the charity and lo enable them to ensure that the financial statements compl>. with the Charities Act 2016. They are also responsible for safeguarding the 8ssets of the Charity and hence for taking reasonable sleps for the prevenlion and detection of fraud and other irregularities. The Iruslees intend to ask Ihe exisiing accountants to undertake the independent examination of the trust. in the followin8 year. Signed on behalf of ihe trustees . Mr. Kuldip Slngh Sander- Prtsid¢nt Dllte: 2211112023
GURU NANAK GURDWARA Chan 271827 Annual accounts for the To eriod pe0d start date 1 01K1312022 de 2810212023 Section A Statement of financial activities RestrlGt8d Llnr••trkl•d In¢om• Endowment fund¥ lund• R•ct)nwn•nd•d e•trkorle• by actlvlty Total lund• Prfor ywr fvndj InGom• F01 F02 F03 F04 FOS Incom •rtl ndowm•nty Irom.. oonsOnI And1•9•cl Ch•r11a ICNviU•I CXh•r Cw 339.389 339 389 S92 265 Qth•rincoTrMJ. HklRC 137 327 13524 387 oth•r. Ini•M 387 432 632 19 Total Expondltur• {Nots• 6) xp•ndltw• on: Ch4iiiibl•xlvHI Lo•n A•ybryTrt 197476 201332 197 476 201332 Total 54.406 Not Incom•ll•xp•ndltuml b•f¢r• tax f th• r•portlng porftxl 231.3C 231,300 793.451 N•t Incom•ll•xp•ndltuf•l •ft•r lax b•for• Invo•tm•nt g•ln¥lllwMsl 231.3C 231.300 793,451 Net lncomoll0xnd1IUI•l Extr•ordlrtary It•m•. Old ulldlng & F&F wrllt down Transfer¥ tWn fund• othor r•cognisod gain(1•). 231.31XJ 231.300 793,461 21.629 Gih 4nO on ¥ubon ol Thx•d o¥wts fwth• Other Net movement In lunds 231300 771822 R•eonelllatlon of funds.. T•tsi fvn01 Total fvnds c•th*d fonmLI 3.502,094 3.733,394 3 502.094 3 733 394 2 730 272 3 502 094
GURU NANAK GURDW Cbarrty No 271627 Section B Balance sheet R•8tslct•d Inc<kn• Endowm Total th1¥ T(al last fub)d• lund¥ fvnd• Fixed assets FOI F02 FOJ F04 F05 Tanglbl• asmts BlIdIng (Not• 91 4.484,576 4,484.578 4.370,900 Tot•1 flx•d .576 4,370,9(X) Current a88et8 Ca•h It barlt and In hind Total eurr•ne •8••t• 203,709 203 709 Creditors: •mounts falllng du• wlthln on• y•r (Not• 101 8.021 8.021 6,900 N•t ¢urr•ntaM•t•/(IhblllU¥) 198,809 TOW l•t l•u curr•ftt Il•bllltl• 4.567.709 Crodltor•: amounts hlllng du• •ft•r on• y¢ar Pro¥l•lon• lor Ilablllti 817.720 817.720 Total n•t or IlalJlllU• Funds of the Charlty 3.932,¢J)9 3,932.009 4,567.709 R••trlct•d Ineom• lund• INot• 41 Vnre•trb¢tsd fund• R•valuatSon m•rw• F•lr ¥lu• r•••r¥• 3,932.(9 3.932,CQ9 4,587.709 Total funds 4,587,709 Qalo of appr¢v•l ssa SIgr by one or trus¢ees. Prinl Namè Synatt Qale Jhnry Sign8luie of Tru#ts• M•mb Prfnt n•mv CC173 IEx¢¢f) 2LV1112Q24
Gurn Nanak GurdTh?ra Year Ended 281h February 2023 a) The accounts have been prepared in accordance wilh the Slai¢men¢ of Recornmended Practice: Accounting and Reporting by Charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charilies Act 201 b) Recognition of Income- These are included in ihe Stalement of Finala1 Activili¢s (SOFA) when the ¢harily becomes entiiled to ihe resources and rnonetary value can be measured wilh su]¢1¢t reliability. c) Investment income is recorded when receivable d) All expenditure is included in the accounts on an accrual basi5. Irrecoverable V AT is charged to the SOFA as incurred. e) The reslricled funds of the charity are expendabl¢ funds that are regularly iDcr¢8sed or retained as ¢apital at the trustees, discretion. All capital-related expenditure5 Costing more than £5000 are capitalized. Depreciation on fixtures and fittings is charged ort a 150/0 reducing balance meihod. g) The chariiy updated its depreciation policy durin8 the year. This is io ensur¢ that all fixed assets are approprialclv d¢pr¢ciatcd in th¢ charity accounts. To this end, all charity buildings are io be deprecialed at an annual raic of S•/o, from the 2022-year-end accounts and thc depreciation on the buildin8 is lo be chargcd io the Statcmcnt of Financial Activities (SOFA) as per other Fixed sseis depreciation. Guru Nanak Gurdwara is a registered charity excmpi from iaxation on lis income and Bains where they apply to charitable purp05¢S. The restricted donalions in the current year and th¢ previous year represent income from donalions to the Guru Nanak Gurdwara restricted funds only. 2023 2022 Salarics 32,183 18,913 Toial 32.183 18.913 The number of part-time employees during ihe year was sixteen (2023 - sixieen). None of ihe trustees wer¢ paid any remuneraiion or expenses by the charity during the year (2022 £nil)
. The charity has undertaken direct activity to meet its charitabl¢ purposes. The following is the analysis of the charily's direct expenditure- 2023 Unrestricted 2023 Restricted 2022 Total Wages Coa¢h hir¢/food and travel expenses onsorshi Donations Tv License Music/Camp and Events Firew'orks 3,856 18,916 Total 3.856 18.916 Governance costs, consisring of the rent. rales, and other day-io-day administrativ¢ expenses are splii between charilable aclivily and govcrnan¢e on an tUal or equal estirnaied basis. This is because it is difficuli io estima1¢ th¢ expense allribuiable lo cach activity. Suppor¢ $tS apportioned to the different aims of the Charity arc shown in the note below. 2023 2022 Basis of ortionmenl Unrestrici¢d 'I'olal Ol¢t cosis and bank char cs Light, heal. and rates Actual 29,976 2.330 Actual 87,218 16.294 Repairs and maintenance nsuranc¢ Advertisin Telephone and fax Sundry Equip. drink & motor Legal & professional f¢es Actual 8,748 Actual Actual A¢lual Actual 1,451 3,046 685 7.910 852 2.597 Actual 2.520 10.371 iation Actual 972 21.629 Total 139,480 57,119
2023 2,520 2022 1.400 Inde endent examinerfs fee Total 2.520 1,400 Movernenl on the charity's tangible fixed assets wa5". Fixlures and Filtin Freehold Land and Buildin8S TOTAL Cost Ai I. March 2022 Additions Dis 05als A¢ 281b Februa 4,370.900 109.248 4.370.900 114.648 2023 S.41)0 4,480,148 4,485 J48 reeiation At I. March 2022 recialion char De recialion dis osals At 28th F¢bruA 2023 972 972 972 972 Net Book Value At I, March 2022 At 28¢h Febrna 4.370.900 4,480,148 4,370,900 4.484.576 2023 4,428 2023 2022 Inde endent examiner's fee ht and heat Telc hone Buildin works 2,520 1.400 1,705 50 11.400 Tothl 2,520 14,555
I report on ihe accounts ofthe Charily for the year ended 28, February 2023 which are sei out on pages 8 to 15. The charity'5 trustees are responsible for ihe preparalion of the account5. The charity's trust¢es ron5id¢r that an audit is not required for ihis y¢ar undcr s¢¢tion 144 of th¢ Charities Act 201 l and that an independenl examination is needed. It is my responsibility to: Examine the accounis under section 145 of the CharitiesA¢i. To follow th¢ procedures laid down in ihe General Direcrions giv¢n by th¢ Charity Commission (under 5CCtion 145(5)(b) of the Act and To slat¢ wh¢th¢r parti¢ular matl¢rs hav¢ come lo my aU¢ntion. My examination wa5 carricd out in accordancc with the General Directions given by the Chariiy Commission. An examination includes a review of the accounting rccords kept by ihe ch8rity and a comparison of the accounts presenled wilh ihose records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Irusiees concerning any such matt¢rs. The procedures undertaken do not provide all the cviden¢c lhal would be required in an audit, and cons¢quenily, no opinion is given as io whether the accounis present a 'lrue or fair, view and th¢ r¢port is limiied to (hose matters set out in the statement below. In the Course of my examination. no matter has come to my aitention: {11 vdhich 8ives me reasonable cause to believe that in. any maierial respect, lhe requir¢m¢nts.' to kc¢p proper accountin8 records in accordance wilh seeiioTh 130 ofihe Chttrilies Act. and to prepare accounts that accord with the accounling records and Comply with th¢ accounting requirements of thc Charities Aci have not been meior {2) to which. in my opinion, attcnlion should be dTawn in order io enable a proper understanding of th¢ a¢¢ount lo be reached. (3) These accounts and reports have noi been audiled. Samson Akinola, FCCA Chartered Certified Ac¢ountllDI. 7 George Strcet West Luton Bedfordshire LUI 2BJ Dated: 2211112023 10