NANAK DARBAR NORTH LONDON REGISTERED WtTH THE CHARrrY COMMISSION NO: 275315 ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 INDEX General InfoThnation 213. Report of the Tnjstees and Committee of Management Balance Sheet R1P*S and Expenditure Statement Notes to the Acmjnts Independent Examinerfs Report on the Accounts
NANAK DARBAR NORTH LONDON REGISTERED WITH THE CHARITY COMMISSION NO: 275315 REPORT AND ACCOUNTS FOR THE YEAR ENDED 31" MARCH 2022 ChairmanlPresident Mr.MSNatt Secretary Mr. J S Kang Treasurer Mr. H S Ahluwalia Registered Office 136 High Road New &)uthgate London N11 IPG Bankers Bar¢lays Bank 2 Adermans Hill Palmer Grn N134PH Reporting Accountants JSP Accounlanls Limited Registered Auditors & Accountants Fit Floor, 10 College Road Haffow, Middlesex HA1 1BE
NANAK DARBAR NORTh LONDON REGISTERED wrrH THE CHARITY COMMISSION NO: 275315 Govemed b constitution ted in 1975 and as L3st amerEded in Janua 2005 Rg ort of the Trustees and Committee of Mana ement The Trustees and Commrttee of Managefflent prewt their rewrt and the Financial Statements for the year ended 31 March 2022 1. Objectives and Actlvlty The charity was formed and registered in 1975. The latest amendment to the constitution is dated 2 January 2005. The principal objectNes are the advancement of the Sikh religion, lo impart religious and cultural knowkdge and lo inculcate the benefits in the local community within the Londoll Borough of Barnet. Bren( Camden, Enfield, Haringey and Islington. 2. Trustees and Administration Trustees are dected bFannualty and hold office until re-elecled. The present trustees are.. Mr H S Gupta Mr R S Ananad MrRSNatt All the properties and assets k)nging to the charty are vested in the Trustees who hold all deeds and documents, trues and securities for safe custcmty and preservation. The disposal or otheNise of assets and the day lo day management of the Charity is in the hands of the Committee of Management The Offi[S and members are elecled annually at the Annual General Meeting. AJI work done by the Trustees and members of the Committee of Management is voluntsry and no remuneration or other payment WhatsVer is made tr) them. 3. Responsibility of TnteeS and Committee of Management The Trustees and Commrttee of management acknowledge their responsibility for keeping prOr accounting records and preparing the accounts there from, and also for the safe keeping of the assets in compliance with the w0vis5 of the Chafitses Act 1993. The financial position on the financial adNities for the year is as shown in the attached Financial Ststernents. The Chartty ujrrenty owns: 136 High Road. New Southgate- The main Temple and abode for priests 2. 138 High Road, New Southgate- Atx)de for priests and car park. 3. 134 High Road. New Southgate- Communtty Hall and Puniath" School
134 High Road, New Southgate is mainly used as a Crmmunty Hall. The Tudor Trust made a grant in 1997 of £40,000 towards the refutbishment costs. Other costs have been financed by donations and interest free loans frcffi members of the temple. The loans have since been repaid and the amount transferred to r2pital Teserve. 4. The Charity finances and runs a Punja. School for the IaL commun.rty and al present has over 100 student5 at various stages of leaming. 5. Reporting Accountsnts JSP Accountants Limrted, the reporting accountants to the charty have expressed their willingness to continue to act in this t2pauty. By Order of the Board of Trustees And Com ittee of Management Mr.JSKan Secretary Dated: k4_ G4- ZOL
NANAK DARBAR NORTH LONDON ST BALANCE SHE AS AT 31 MARCH 2022 Year 2022 Year 2020 Fixed Assets Freehold land and buildings 1,4,127 1,491,508 Current Assets Cash in Hand Barclays Bank- current Barclays Bank- deposit 1.213 76,401 80 724 2,373 46,677 158 338 Represented by: Balance Brought Forward Net Surplus for the Year Transfer lo Freehold Account 1.621,274 28,572 4.619 1.644,991 {29,0981 ?4- 0 4_ 2o>V These accounts were approved by the commttt of Management on ........ on it5 behalf by.. and signed MrMSNatt President MrJS Kang Hon. Secretary Mr. H S Ahluwalia Hon Treasurer
NANAK DARBAR NORTH LONDON RECEIPTS AND EXPENDITURE STATEMENT FOR THE YEAR ENDED 31" MARCH 2022 GENERAL FUNDS RECEIPTS Year 2022 Year 2021 Offerings and Donations Other ReCeIpteddingS Akhand paths Membership Subs¢riptKJns Bank Interest Gift aid RefurFds, Gas, Payphone & other 81.220 3,056 6,659 111 39,543 1,750 3.921 37 92,690 45,301 DEDUCT PAYMENTS Rates Light and Heat Insuran Printing, Postage and Stationery Telephone Repairs and Maintenance Cleaning and laundry Preacher5 and Presentations Kitchen Expenses Equipment Bank Charges 4,386 9,763 3,270 206 2.006 2.037 4,502 33,197 2.172 469 17,555 3,278 301 2,773 369 40,320 SURPLUS ON GENERAL FUND 30,682 122.747) BUILDING FUND Sundry Donations Building Expenditure 7,547 1.251 {4.619) 15,3811 CULTURAL AND SOCIAL Sundry Donations Less.. Expenditure PRESIDENT APPEAL FUND Collections Less". Donations 4.249 770 970 OVERALL SURPLUSIDEFICIT 098 Iou4 f
NANAK DARBAR NORTH LONDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 The a¢nts are prepared on a historical cost basis. The Income and Expenditure is reoyded as incurred and account taken of any accnjed income or expenses. Payments for light and heat, laundry, telephone and langar are net of receipts and donat.ons for those specffic purposes. All books for the library, utensils for the krtchen, general equipments and fumtture are charged lo expendtture for the year of purchase and not capitalised. Inventory is kept ty the committee but needs to be updated. Improvements and work5 to premises are added to costs of protwties. Costs lo date are as fdky•ts'. 134 HwJh Road. London N11 136 High Road. Lonthn N11 138 HwJh Road. London N11 248,394 441,770 805 963 £1496 127
NANAK DARBAR NORTH LONDON REGISTERED CHARITY NUMBER 275315 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEESI MEMBERS ON 31" MARCH 2022 The accounts for the year ended 31 March 2022 are set oui on pages 4 to S. As the chariws trustees you are reskKJnsible for the preparation of the accounts", you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our Tesponsibiltty to state, on the basis of procedures $tfied in the General Directions given by the Charity Commissioners under section 43(7} (b) of the 8cL whether particular matters have come to our attention. Our examination wa5 c2rried out in accordance with the General DIrectnS gNen by the Ch2rity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts Pfesented with those records. It also includes Gonsideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees ¢on¢eming any such matters. The prccedures undertaken do not provide all the eviden that would be required in an audit, and consequently we do not expres5 an audit opInn on the view given by the account5. In connection wtth our examination. no rnatter has ¢Xffiè lo our attention. (1) Which gives us reasonable cause to believe that in any material respect the requirements To keep accounting rerdS in accordance with sectM)n 41 of the Act,. and To prepare accounts which accord with the accountsng records and to comply wth the accnting requirements of the Act Have not Lw met or To which, in our opinion. atteniKJn shoukJ be drawn in order to enable a proper understanding of the aunts to be re¥hed. {2) JSP Accountants Limiled Registered Auditors & Acwjntants First Floor, 10 College Road Harrow, Middlesex HA1 1BE Dated: ......-