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 Terr￿l$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 pe￿0d start date 1 01K1312022 d*e 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.. oons￿OnI And1•9•c￿l 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•ybryT*rt 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 lncomoll0x￿nd1IUI•l Extr•ordlrtary It•m•. Old ulldlng & F&F wrllt down Transfer¥ ￿tW￿n fund• othor r•cognisod gain￿(1￿•￿). 231.31XJ 231.300 793,461 21.629 G*ih* 4nO on ￿¥￿u￿bon 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