Re8isiered charily nurnbcr. 271627 GURU NANAK GURDWARA FOR THE YEAR EIYDED 29TH FEBRUARY 2024
Guru Nanydk Gurdwara Year Ended 29 February 2024 Contents Charity Information 24 Trustees, Report Statement of Financial Activities Balance Sh¢¢t 7-9 Notcs to the Financial Stalemenls Independent Examincr's Report
Guru Nanak Gurdjvar Charity informAtion 2$ of 29 Februar) 2024 Charity name Guru Nanak Gurdwara Charity number 271627 Prlnclpal addres5 Guru Nanak Gurdwara Luton 2a Dallow Road Luton Bedfordshire LUI ILY Trustees Mr. Kuldip Singh Sander (Pruid¢nl) Mr. JasvindeT Singh Nagra (Vice President) Mr. Mrs. Mandeep Kaur Sangha (G¢n¢ral S¢cretary) Mr. Gurjeet Sin8h Malhotra IAsSlStanl General Secre(ary) Mr. Jagla Singh Rai ISta¥e Secretary) Mr. Hardip Sin¥h Walia (Trcasurcr) Mr. Surjcet Singh Kalsi (Treasurer) Mrs. KaWa]je Kaur Dabb (Education Se¢re Mrs. Avne¢t Kaur Aulakh (Educaiion) Mr. Goptsl Singh Dhami (Building control) Mr. Jalender Singh M8rvaha (Tcchnical Secretary) Mr. Dalbagh Singh (Member) Mr. Gurwani Singh Imember) Mr, Jaswinder Singh Chokker (Member) Mr, Karl Takhal Singh Solanki (Member) Mr. AmaIiit Singh Ryall Mr. Raminder Singh Sidhu Mr, S8hib Singh Hundal Mr, Kuldip Singh Mr, Teja Sin¥h Aulakh Independent ex8min¢r S4mson Aklnola, FCCA Chartered Certified Accountanls 7 George Street West Lulon Bedfordshi LUI 2BJ
Histo Ob ectives and Activities of the Chari On inptiOn, it was believed the ¢ohesion and togethemess of the members of the Sikh faith in Lulon required addressing. The charity began with an initial donation, Bolh the initial donation ar subsequent donations have been uThJ8r the tems vlhich allow the trustees to either retain the amounts as capital or to spend thern. The objectlves of the charity indude: al To bring together members of the Sikh communty in Lulon for deeper dialogue and cooperation bl To increase understanding and trust wrthin the Sikh community, building on common ground between thern yet respecting the unique ¢ontribution vthich 8ach brings cl To work towards greater social cohesion arKI community integration in Luton dl To sxovide place of worship for member$ of the local Sikh community Mano •ment a Governance Arra The constitution provides for a minimum of five trustees. l•lthere there is a requirement for new trustees, these would be identified and appointed by th8 remaining trustees, subject to approval by the AGM. The chair of the trustees is responsible for the indudion of any new truslee which involves awarenes$ of trustee's re$ppnsibility, the goveming document. administrallve procedures, and the history and phllosophical approach of the charity. The Irustees have taken steps to identify major nsks lo which tho charity Is exposed and systems have teen established to mItate those risks. Current Y¢4r The Executive Committee has worked to keep the day-to-day activities of the Chanty continulng smoothly in line wh the aims and objectives. This has induded the following.. The Gurdwara was closed much of the time due to the Covid 19 virus, When permitted. in line with the. regulations. the Gurdwara was re-opened with very limited service and has been very drfficult. Organisethe Gelebration and marking of major events and dates in the Sikh Calendar, Supporting the Membefs (Sadh Sangat) events such as celebralions marking new births, birthdays, engagements, marriages and the general welkbeing of families. Support members with the religious fCa11ty of deaths. Providing members with documents required for regulatory aUtrities. School children and teachers, from Bedfordshire and Hertfordshire, for Sikh religious educatlon during visits have been limited, Kept close relationships with local authorities and ccwnmunities including the p)lice and the council. Supported the Police Communty Cohesion, Communty Safety, Crime Reduction and
Counter Terrorism Teams. Provided education on Sikh activiknes and ligIon on their regular visits. Many of the required statutory certrfication5 were obtained through the relevant bodies. Organise the weekly events inclLMJing the Sunday Prayer Day, the Senior Cilizens Day Centre, Music, Punjabi and Sikh history dasses for the thiklren. Turban-tying events and competitions held for children. Support Sikhi Camp event5 during school holidays for children. Arrange for the Gurdwara Isikh Temple) to be open daily to all, including non-sikh communities. to drop in al will and suit the individual. Provide a place for comrnunty social gatherirwJs. Social Gatherings, and the Day The Centre has been mostly closed. Funded mernber visits to support protests of interest to the Sikh Community. The working environment during the year has been F)o$ltlve resulting in good progress on the New Building project. Having initiated Ihe project sue¢es8fully. the congregation moved into its new purpose-lyjill pla¢8 of worship in Dec 2021. The building is now fully operational, and nCtIonS as intended. allowing for the demolishing of the stwcture which was vacated. Th8 Ex8CUtNe Committee would like to thank the Sadh Sangat (Sikh Cornmunity) for their moral support. advice, time and extraordinary finanoal support for the new build project Continue and strengthen the regular aclivth$ thal are tho foundation of the charity as outlinod above with the COVID-19 difficulties. Finalise the New Build project and arrange the smooth transition and occupation of the new building. Continue lo keep the project to plan arKJ budw In regard to final costs. Take a view on how the charlty can fLWther support the c¢Jmmunity in a po$t-COVID world. The nci incoming resources for the year was 8 8ain of £369.444 (2023 - £432.632). Ai ihe end ofihe financial year. the reserves of unrestricted funds were £3,679.942 (2023 £3,502.094). The adequacy of ihe reserves policy is review¢d annually. The Irust¢¢s ar¢ satisfied thal reserves are presently more than adequate to meet fulur¢ ¢xp¢nditur¢s. The rcs¢rves policy is lo have reserves available in order lo ensure ihe day-lo-day operation continues inio the for¢5eeable future. No matters or circumstances have arisen since the end of ihe fin&n¢ial year whieh significantly affected or may significantly aff1 the operations of the charity. the results of Ihese operations or (h¢ state of affairs of the charity in the financial year subsequent to ihe financial year ended 29, February 2024.
Chariiy law requires the Irustees to prepare th¢ financial ststements for each fJn8nci81 year which show a truc and fair view of the state of affairs of the charity and its financial activili¢5 lor that year. In preparing those finan¢ial statement5. the trustecs are requir to.. Sclect suitable a¢counting policies and then apply ihem consistenily. Mak¢ judgment5 and esiim3tes that are reasonable and prudenl. State whether applicabl¢ accounting standards and sta¢¢ments ofrecomrnend¢d practice have been followed. subj¢¢i io any departures disclosed and explained in the financial statements. and Prepare the financial statements on a going conc¢rn basis unless ii As inappropriate to presume Ihat the charity will continue in operational existence. The trusle¢s are responsiblc for kecping proper accounling records which disclose wilh reasonabl¢ accuracy at any lim¢ th¢ financial posiiion of the charily and to enable them to ensure Ihat the financiÉil sia¢em¢nts oomply with the Charilies Aci 2016. They are also responsible for safeguarding the assets of the charity and hence for laking reasonable sieps for ihe prevention and deteclion of fraud and other irregularities. Th¥ (rust¢¢s intend to ask the exisiing accounthnts to undertake the independeni examination of ihe trusl. in the following year. Signed on behalf of the trusiees . Mr. Kuldlp Slngh Sander- Pre$ldent Dale,. 2111112024
GURU NANAK GURDWVARA Chani No 271627 Annual accounts foi the To eriod P¢rf¢d $tsrtdat• l 2023 dale 2810¥2024 Section A Statement of financial activities Rostricted Unrn1rl¢t•d Ineom• Endo¥ffl)ent lunds fvnds lund• R•eommènd•d ty I¥lty Tot1 fund• Prfor y••r funds Inct)m• In¢om• and •ndowm•nts li¢rn: DDnahons F01 F2 F03 F04 F05 353 048 339 389 Chrtt•oi• OhDr tradino Car p•khng 14 396 970 97D 61,136 ••dIlla thxtI•pvl Ir. IAI•MSt 387 432 632 Total Expendlturn {Not•• 61 Exp•ndl¢ur• on: R•liln9 lund oth Total 190.936 191596 190 936 191596 197 476 201332 N•t Incom•l{g¥pendltur•) b•for• tax lor th• roporUng p•rfod 1TI.848 177,848 231,300 T•X PtyIW• N•t Incomel{•xp•ndltur•Tr •ft•f lax for• Inv••tmènt galn•l{lov4•¥} 177,848 177,848 231,300 Nfrt Incom•ll•xp•ndltur• EAtr•ordln•ry It•m¥. Old oulldlng & F&F wrltt•n dow Tr¥n•fers b•tw••n lunds Othe¢ rocognl••d g•ln81110sry081: 177,848 177.848 231 300 G•lns •r on dfix•d w•b fortr Net mov•m•nt In lun(ts R•¢onclllatlon of nd$,' Total fvnd* Total fundj canled fonvarn7 3 502.094 3 679.942 3 502 094 3 679 942 3,502 094 3 733 394
GVRV NANAK GVRDWARA Charty ND 271627 Section B Balance sheet Unr••td¢i•d c¢m• Tow ttrds Totsl laBt lund6 lund¥ y••r Fixed assgts FOI F02 F03 F04 FQS Tanglbl• ag84ts N•w BldIng (Note 91 4,693,419 4,693,419 4.484.576 Tol•lllx•dass•ts 4,484,576 Current a88ets C•h it nk and In hand Totsi cuft•ntas8•t¥ 273.174 273.174 Credltors: i•lllng du• wllhln on• y•r IN¢¢• 101 5.041 S,041 8.021 N•t ¢urr•rtt•$$•WfM•blllll•4J 265.153 Tot•l•v•t• I•M ¢Uff•nt M•bllld•8 4.749.729 Credltord: •mount• l•lllnq du• •ftor on• y•ar Provl•lon• lof Ilablllti 780,977 780,977 817.720 rot•ln•t [¥ orll•blllll•• Fund8 ol the Charlty 4,109.857 4,109,8S7 3,932.LNJ9 R••trlct•d In¢om• fund• INol•41 Vnre•trfct•d lund• R•v•luatlon rog•rv• F•lr v•lu• rn••rv• 4.109,857 4,109,857 4.$67,709 Tot•1 ,857 4,567,709 D•1• ol approval ddlmnl SHe0 by one ortrt* trustem. P(wit Namg SbJnatUfe Shjnatum clTntee Mornb•r ddlm Prfnt n•mg CC17a IExcell 2111 It2024
Gurn Iyanak Gurdwara Year Ended 291h February 2024 a) The accounls have been prepared in accordance with Ihe Statement of Recommend¢d Practice: A¢couniing and Reporting by Charities preparing iheir acGounls in accordanc¢ with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 JUSY 2014 and with the Charities Act 2011. b) Recognition ot Income- These are included in the Statement of Financial Activities (SOFA) when che ¢harity becomes enliiled to th¢ resources and monctary valuc can be measured with 5UtTicient reliability. c) Invi'slment income is recorded when receivable d) All expenditure is included in lh¢ accounts on an accrual basis. Irreeoverabl¢ VA T is Charged to the SOFA as incurred. e) The restricted funds of ihe charity are expendable funds thai are regularly increa5cd or retained as capitul at the trustees, discretion. All capilal-relaled expendilures Costing more than £5000 are capilalized. Depreciation on fixlures and fiitings is chargcd on a 15 % reducing balance method. g) The charity updated its deprecialion policy during lh¢ year. This is io ensure that al I fixed asseis are appropriately depreciated in th¢ charity accounts. To Ihis end. all Charity buildings are io be depreciated al an annual raie of 50/0, from the 2022-y¢ar-end accounts and the deprcciation on the building is 10 be charged to ihe Statcm¢Trl of Financial Activities (SOFA) as per other Fixed asscts d¢pre¢iation. Guru Nanak Gurdwata is a registered chari¢y exempi from taxation on ils income and gains where they apply to charitable purposes. The resiricted donations in ihe current year and ihe previous year represent income from donalions to the Guru Nanak Gurdwara restricted funds only. 2024 2023 Salaries 21,459 32.183 Total 21,459 32.183 The nuinber of part-time employees during th¢ year was sixteen (2023 - 5iXt¢¢n). None ofthe trustee5 were paid any remuneration or expens¢s by the charity during th¢ year (2023 £nil)
. The charity has undertaken direcl aclivily to meei its charitable purposes. The following is the analysis of the charity's direct expenditure: 2024 Unrestricled 2023 Total Wages Coach hirelfood and travel ex enses Sponsorshi Donalions Tv License Music/Camp and Events Fireworks 21,459 32.183 .456 I'otal 22.119 33.639 Governance costs. consisling of th¢ r¢n4 rates. and other day.to-day admini5tralive expenses are spl il b¢tween Charitable activity and governance on an aclual or equal ¢Slimated basis. This is because it is difficult to estimate Ihe exp¢nse attributable io each M¢liVlly. Support costs apportioned io the different aims of the charity are shown in ihe note below. 2024 2023 Basis of orlionmcnt Unresiri¢i¢d Totsl Office Qosls and bank char ¢5 Light. heal. and rotes Actual 55,741 29.976 Actual 78.665 87.218 Repairs and maintenance I nsurance Advertisin Tele hone and fax Sundry Equip, drink & motor Legal & professional fecs Actual 3,722 8.748 A¢lual Actu81 Actual Actual 5.533 1.456 1,751 5,499 685 7.91 Actual 2,520 2,250 reciatioti Actual 972 972 Total 154.403 139,480
2024 2.520 2023 2520 Inde ndent examiner's fee Tothl 2.520 2.520 Movem¢nl on the charity's tangibl¢ fixed asseis was: Fixtures and Freehold Land and Buildin TOTAL Coyt Ai I. March 2023 Additions Di5 oyals At 28 Februa 5.400 4,860 4.484.148 05,655 4,489,548 210.515 2024 1036 4,689,803 4,700,063 reciation Ai 1° MurLh 2023 reciation ¢harg¢ reciation disposals At 28, Februa 2024 972 1.672 972 1.672 2,644 Net Book Value Ai I. March 2023 At 281k Febru 4.426 7,616 4,480.148 4,689.803 4.484.576 4.697.419 2024 2024 2023 Inde endent examiner's fee ht and heat Tele hone Buildin works 2.520 2,520 Total 2,520 2,520
I report on the accounts ofthe Charity for the year ended 2 February 2024 which are sel out on pages 8 to IS. -he charity's trustees are responsible for the preparation of ihe accounts. Th¢ charity's trustees consider Ihat an audit is not required for thi5 year und¢r section 144 of th¢ Charilies Act 201 l and that an independent examinalion is need¢d. It is my responsibilily to: Examin¢ the accounts under section 145 of the CharitiesA¢i. To follow th¢ procedures laid down inthc General Directions given by ihe Charily Commission (under section 145{5){b) of the Ac¢ and To siaie whether particular malters have come to my attention. My examination was carried out in accordan¢¢ with ¢h¢ General Directions given by th¢ Charity Commission. An examinAiion includes a review of ihe accouniing rccord5 kept by the charily and a comparison of the accounts presenled with ihose r¢cords. It also includes consideration of any unusual items or disclosure5 in the accounts and seeking explanafions from you as ¢rus¢¢¢s concerning any such matters. The procedures undertaken do noi provid¢ all ihe evidence ihat would be required in an audit, and conscquenlly, no opinion is given 85 to whether th¢ a¢¢ounts prent a 'truc or fair, view and the report is l im ited to thosc matters sei our in th¢ statcmeni below. In the course of my examinaiion, no matter has come io my attention; (1) which 8ives me reasonable cause to believe that in. any material respect, th¢ requirement$: to keep proper accountin8 re¢ords in accordance wilh section 130 of ihe Charities AGI; and to prepare accounts that accord wilh the accountin8 records and comply with the accounting requircmcnts of the Charities Act have nol ken m¢¢or (2) to which. in my opinion, attention should bedrawn in ord¢r to enable a proper understandin8 of the account to be reached, (3) These accounts and reports have nol be¢n audited. Samson Akinola, FCCA Chartered Certified A¢couutant. 7 G¢or8e Sireet West Luton Bedfordshire LUI 2BJ Dated: 2111112024 10