GURU NANAK SAT SANG SABHA. MAIDENHEAD 31 Rutland Road, Maidenhead. Berkshire TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 30 APRIL 2023 Registered Charlty No. 277762
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charity number 2777621 31 Rutland Road, Maidenhead. 8erkshlre. SL6 4HZ TRUSTEES. ANNUAL REPORT for the year ondad 30 APRIL 2023 The Charity is governed by its Constrtulion. adopted on 1 March 1975 and amended in April 1986 and April 1989. The objects of the Charity are lo advance the Sikh religion, lo relieve povety and alfvance educab"on. Or9anl8atlon The Charity is organised under the day-ltrday conlrol of ils management committee. This consisted of the following members during the perKJd under review. who worg elected lo office in April 2022 to serve for a penod of years" Kulwanl Singh Hans (Presidenll Maniil Singh Samra <Vice-presKlenll Manjil Singh Mann (General secretary) Harbhajan Singh Mand ISecrelary} Narinder Singh Chahal (Treasurer} Sukhjinder Singh Bhangoo (Assistant Ireasurarl Jaswanl Singh Reehal (Stage seeretsryl Sawraj Singh Aal (Member) BaVInder Singh Dhillon (Member) {R8signed 28.08.20221 Gurdev Singh Grewal (Member) Balwanl Singh Thaman (Member) Sarabjit Singh Sohi (Member) (Apwinled 04 09 20221 The tille to the Chaity's property is held ty custodian Irvslees, who are elected every o yearj. The cu81odian Iruslees during the period under review were". Amrik Singh Dhanoa IChaim)an) Gurdev Singh Bhangoo Surinder Singh Shergill Kamalirt Singh Chah81 Man8gemenl committee member$ and custodian tsuslee8 provide voluntary honorary services lo the Charity. The managemeftl commrttee once again acknowledges the great contribution made by all the sevad8ts Ivolunleers) al 811 levels of organisation during this period. Actlvlti•$ and achlgvements Ouring the period the rnanagement committee carried out a variety of actsvilie$ In order lo aehieve the objeets ol the Charity sel out in thè Conslilution. Spreading the Gospel truth of Guru Granlh Sahib. the Hoty B¢x)k and holding congregations to celebfale the Sikh Gurpurbs and preaching and performing Sikh religious riles and ¢gremonies, including baptism, fvneral services and marriages in accordance with Sikh religious Iradilion$ Organising public lectures. conferences and meetings and arranging religious gatherings as required by the Sikh community lo promote Sikhism. Organising other schemes consistent with the spiril of Sikh relignn and approved by the members. Advancing the educats'on of members of this organisalion and the host community Conceming good citizenship in a multi-racial society and co- ordinating wrth other organisations established for the attainment of thi8 objective. Providing spiritual and material support for Ihose in need. Participating and playing a leading role in the Iccal community interfaith 8¢1ivrties. Page 1
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charlty number 277762) TRUSTEES. ANNUAL REPORT for the year ended 30 APRIL 2023 Icontinugd) Re8ponsibilitl•s of memb•Ys ol the managemont eommittee The law applicable lo charities in England and Wales (the Charities kt 20111 requires the management committee to prepare financial Statements for each financ1 period. The management committee is fe8pon3ible for keeping accounting lerdS which disck)se with reasonable accuracy the financial posrtion of the Charity and which enable them lo ensure that the financial statements comply with the Charilies Ael 2011. They are also responsible for safeguarding the a$sels of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and othei ifregularilies. Rl8k managemenl & re8erve8 poIIcy The management committee aclivety reviews the maior risks which the charity faces on rggular basis and believ85 that maintaining reserves al current Èvels. cornbinod with an annual review of the controls over key financial systems, will provide sufficient resource8 in the event of adverse condilKJns. 11 is the policy of the Charity to continue with the necessary regutar maintenance and update of the present building. while accumulaling lunds surplus to its operating activities lewards the eventual rebuilding or rel¢xalion costs of the main prayer hall. The amount held In the bank savings account 1$ de51gnaled as Building Fund. The investment 81ralegy is Sel by the management eommitteg, taking into account anlicipaled demand for funds During the penod under review thg management committee implemented a low risk inveslmenl policy and all funds were held In bank current and doposil accounts. Reserves and cash Inveslments policie8 are both kept under peri&Jic reviow by the management committee. Publlc ben•flt The Trustees have had due regard to the Charity Commission guidance on public benefit. APPROVAL The above report is approved by the management committee and signed on its behaff.. Signature Full name. Amrik Singh Dhanoa Position.. Trustee Dale.. 1.8 MAR - 2024 Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charlty number 2777621 I report on the accounts of Guru Nanak Sat Sang Sabha, Mai¢Jenhead, for the year ended 30 April 2023, which are Set out on pages 4 and 5. Re8pective responsibilities ol trustees and •xamlner The charity's Iruslees are responsible for the preparation of the accounts. The charity's Iruslees consider that an audit Is not required ftir this penod undef section 144121 of the Charities Act 2011 I'lhe Acl'l and that an independent examination is needed. 11 is my responsibility lo examine the accounts undef section 145 of the Act", follow the procedures laid down In the General Directions given by the Chanty Commission under seelion 14515llbl of the Act", and slate whether particular matters have come lo my allenlion. B8¥ls of Independent examlner'¥ report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review ol the aoUntIng records kept by the charity and a comparison of the accounts presented with those records. 11 also includes ¢onsideralion of any unusual Items or ¢Jixlo$ures In the accounts, and seeking explanations from you as trustees concerning any such matters The proce¢Jures 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 'true and fair view, and the report is limited to those matters sel out in the stslement below. Independent examlner's statement In connection with my examination, no matters have come lo my attention giving me cause lo believe that in any material SPeCt.. accounting records were not kept in accordance with Section 130 of the Act or the accounts do not a¢¢or(I with those records. I have no con¢ems and have come across no other rnatters in connection with the examination lo which attention should be drawn in this report In order to enable a proper understsnding of the accounts to be reached. Y P Maudgil. FCCA AUDGIL & CO. Chartered Certified Accounlanls Ground Floor. 21 York Road. Maidenhead, Berkshire. SL6 1 SQ Date.. Page 3
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charlty number 2777621 31 Rutland Road, Maidenhead, Berkshire RECEIPTS AND PAYMENTS ACCOUNT for the year ended 30 APRIL 2023 Unresiricted fvnds Unrestricted funds 2023 2022 RECEiprs From voluntary sources.. Members, subscriplsons General donations Gift aid lax recovery From investments Interest received 298 103001 10291 207 55804 12479 1507 115097 34 68524 PA YMEN Payments for generating funds". Heating and lighting Water Insurance Cleaning Religious preachers and musicians Grocery provisions Telephone charges Printing Bank charges Repair5 and maintenance Refuse collection Professional lees Other expenses 20861 10661 7551 1182 1818 18335 395 230 1240 1909 24449 1085 443 146 1576 50648 1822 810 50 105039 221 5079 1649 1110 71 48302 NET RECEIPTS FOR YEAR 10058 20222 Cash funds al 30 April 2022 537588 517366 CASH FUNDS AT 30 APRIL 2023 547646 537588 Page 4
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charity number 2777621 STATEMENT OF ASSETS AND LIABILITIES as at 30 APRIL 2023 Unreslricled funds un$tcted funds 2023 2022 ASSETS MONETARY ASSETS Bank balances.. HS8C Business Money Manager acUnt HSBC Community a¢counl Cash in hand Total Cash funds 311301 235808 737 547646 213355 317576 6657 537588 SUNDRY DEBTORS OTHER ASSETS a. The title deeds lo the Charivs premises. namely 31 Rutland Road, Maidenhead, are held in the name of the Custodian Trustees b. The Charity also owns furniture, littyngs, kitchen and other equipment and books, Items both purchased and donated over a penod of time. A detailed inventory is maintained by the Management Committee. LIABILITI SUNDRY CREDITORS NDS DETAILS Designated.. Building fund b. Reslricled funds 311301 213355 Signed on behalf of the Management Commlttee: Signature Full name.. Kuant Singh Hans Position". President Dale.. .18. MAR. ..2024 Page 5