GURU NANAK SAT SANG SABHA, MAIDENHEAD 31 Rutland Road, Maidenhead, Berkshlre TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 30 APRIL 2022 Registered Charity No. 277762
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charlty number 2777621 31 Rutland Road. Maldenhead. Berkshire, SL6 4HZ TRUSTEES, ANNUAL REPORT for the yoar endod 30 APRIL 2022 The Charity is governed ty its ConslitulKJn, adopted on 1 March 1975 and amended in April 1986 and )ri1 1989. The objects of the Charity are lo advance the Sikh religion, to relleve povety and advance educatson. Organl8atlon The Charity is organised under the daY-ldaY control of its management committee. In April 2021, due lo the Covid-19 restrictions. il was agreed that the existing member8 of the management committèo and the Iru8tee$ will contsnue In office until the next annual general meeting. The committeo was con8181ed of the folkwing members during the period under reviv•V'. Karnail Singh Pannu IPresKlenll Surinder Singh Shergill IVice-presidenl} Kirpal Singh Sohanpal (General secretsryl Shivraj Singh Grewal (Assistant secretary) Gurmil Singh Rana (Treasurer) Hardev Singh Pane8ar (Assistant Ireasurorl Tiralh Singh Mudhar (Stage secretary} Kulwant Singh Bhangoo Imemberl Balbir Singh Chahal Imemterl Bikramjil Singh Sandhu (mem1) Harbhaian Singh Shergill (Membgrl The tille to the Charity's propety i¥ held by custodian ttustees, who ar8 elected every vo years. The custodian Iruslees during the period under re¥* were.. Amrik Singh Dhanoa (Chairman) Dhanwanl Singh Bhalla Gurdov Singh Bhang00 Actlvltle8 and achl•vements The gurdwara plays an import8nl role in prowding spiritual leader8hlp arKI bringing Sikh community and generations tcgether in prayer and in other ¢ommunty aclNilie5 The impact ol Covid-19 was 8eiK>U$ on the communrty in tem)s of severe restrictions on the rgligious and s¢xial 8clivilie6 of the charrty during port of the year but the conditiong are returning lo normal. The management committee carried out a variety of acb"vrties in order to a¢hieve the objects of the charity set out in ily constitution". Spread the Gospel truth of Guru Granlh Sahib and perfomiing Sikh religious rites and ceremonies, including baptism. MalageS and funeral services in aeeordance with Sikh TellOuS Iradrtions. Organising public lectures, meetings and ConfenceS and arrarvJin9 relwjious gatherings as required by the Sikh communrty to promote Sikhism. Advancing the education of Members of this organizalion and thé host ommunity conGeming good cilrzenship in a multi-racial society and coordinating with other organvzations established for the attainment of this objective Providing 8Pirituo18nd material support to those in need Participating and playing a leading role in the Ifxal community interfaith aclNi118S. Page 1
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charity number 2777621 TRUSTEES. ANNUAL REPORT for the year ended 30 APRIL 2021 {contlnu¢d} Re8pon8ibllrtl•8 of mombers of th• m•nag•mont commltt The law applicabb to charfiies In England and Wales Ilhe Charities Act 2011) requires the management CCNnmittee lo prepare financial Slalemenls for each financkgl period. The managemonl committee is reswnsibk for keeping a¢covnlin9 r6cords which disc108e with reasonable accuracy the financial posrtion of the Charity and whh ènable them lo ensure that the financial sialemenls comply wilh the Charitses Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for tsking reasonablg steps for the prevention and detection of fraud and other irregulaiilies. Rl¥k managèment & re8erves pollcy The Iru31ees followed strictly all reslriclions and guhlelin88 i88uéd by the government for the places of worship for pievention and control of spread of Covid-19, hence minimizing any risk lo its members visiting the gurara. The managèment committee aclivety revw8 the major risks which the Char faces on regular basis and believes that maintaining reserves al current leve18, combined with an annual review of the controls over koy financial $y8tem8, will provide 8ufficnt resources in the event of adverse conditions. 11 is the policy of th¢ Charity lo continue with the necessary gUlar maintenance of the present building, while a¢¢umulaling funds surplus to its operating a¢livilies towards the eventual rebuilding or relocatson Costs of the main prayer hall. The amount held in Ihe t)ank savings a¢¢ounl 18 clesignaled as Building Fund. The investment strategy is set by the management committee. taking into account anli¢ipaled demand for funds. During the period under review the management committee implemented a low risk invesbmenl polw and all funds were held in bank current and deposrt accounts. Reserves and cash Investrnents polKie8 are both kept under perichjk wiew by the management committee. Public b•n•fit The Trustees have had due regard to the Charity CommisSn guYance on public benefrt. APPROVAL The above report is approved by the rnanagement committee and Signed on its behaff.. Signature Full name.. Amrik Singh Dhanoa Position.. Chair of trustees Dale.. - 7 OCT 202Z Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charity number277762) I report on the accounts of Guru Nanak Sat Sang Sabha, Maidenhead. for the year ended 30 April 2022. which are sel out on pages 4 and 5. Respgctlve responslbilitles of trustees and examiner The charity's trustees are responsible lor the preparation of the accounts. The charity'5 trustees consider that an audit is not requi for this period under section 144121 of the Charities Act 20111.lhe Act'l and that an independent examination is needed. 11 is my responsibility to examine the accounts under section 145 of the Act,. follow the procedures laid d¢)wn in the General Directions given by the Charity Commission under section 145{5llbl of the Act,. and stale whether partular matters have comè to my attgntson. BaBl¥ of independent examlner's report My examination was carried out in accordan¢e with the General Directtons glven by the Charity Commission. An examination Includes a review of the accounting records kept by the charity and a comparison ol the aGGounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'tTue and fair view, and the report is limited to those matters set out in the statement below. Independent examIne8 $t•tement In Gonneclion with my examinalion, no matters havè come to my attention gNing me cause lo bglieve that in any material respect.. ac¢ounling records were not kept in accordance wrth section 130 of the Act or the accounts do not accord wlih those records. I have no concems and have come &ross no other Matte in connection wrf(h the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Y P Maudgil, FCCA MAUDGIL & CO. Chartered Certrfied Accountants Ground Floor, 21 York Road, Maidenhead. Berkshire, SL6 1 SQ Date". - 7 OCT 202Z Page 3
GURU NANAK SAT SANG SABHA. MAIDENHEAD Icharity number 277762) 31 Rulland Road, Maidenhead. Berkshire RECEIPTS AND PAYMENTS ACCOUNT for the yearendod 30 APRIL 2022 Unrestricted fijnds Unrtsslricted funds 2022 2021 RECEIPT From voluntary sources.. Members, subs¢ripts"ons General donations Covid-19 support gr8nt- RBWM Gift aid lax recovery From inve8lmenls'. Interest received 207 55804 21929 1000 12479 91 23020 68524 PA YMENTS Payments for generating funds.. Healing and lighting Water Insurance Cleaning Religious preachers and musicians Grocery provisions Telephone and intemet Bank charges Repairs and maintenancè Refuse collection Covid-19 sanitation and protection Professional fees Other expenses 1C661 7551 1182 1818 18335 395 230 221 5079 1649 25 1110 46 48302 7552 4980 1140 2250 13570 1149 217 1620 442 32920 NET RECEIPTSIIPAYMENTSI FOR YEAR 20222 199001 Cash funds at 30 April 2021 517366 527266 CASH FUNDS AT 30 APRIL 2022 537588 517366 Page 4
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charity number 2777621 STATEMENT OF ASSETS AND LIABILITIES as at 30 APRIL 2022 Unrestricted funds Unre&lricted funds 2022 2021 ASSET MONETARY ASSETS Bank balances.. HSBC Business Money Manager account HSBC Communlty account Cash in hand Total Cash funds 213355 317576 6657 537588 213321 303256 789 517366 SUNDRY DEBTORS OTHER ASSETS a, The tile deeds lo the Charity's premises, namety 31 Rutland Road. Maidenhead, are held In the name of the Custodian Trustees. b. The Charity also owns furniture, fitb'ngs, kitchen and other equipment and books, items l)oth purchased and donated over a pericé of Ilme. A detailed inventory is maintained by the Management Commrtiee. LIABILI SUNDRY CREDITORS NDSD Designated.. Bltilding fund b. Reslricled funds 213355 213321 Signgd on bohalf of the Managoment Commlttm: Signature Full name.. KuKvanl Singh Hans Position.. President Dale.. - 7 OCT 2022 P2s8 5