GURU NANAK SAT SANG SABHA, MAIDENHEAD 31 Rutland Road, Maidenhead, Berkshire TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 30 APRIL 2024 Registered Charity No. 277762
GURU NANAK SAT SANG SABHA. MAIDENHEAD Icharity number 2777621 31 Rutland Road, Maid¢nhead. Berkshlre, SL6 4HZ TRUSTEES, ANNUAL REPORT for the year ended 30 APRIL 2024 The Charity is governed by ils Constrtulion. adopled on 1 March 1975 and amended in April 1986 and April 1989. The objects ol the Charity are lo advance the Sikh Teligion, lo relieve poverty and advance education. Oryanisation The Charity 13 organised under the day-l(Hlay control ol ils management Committee. This consisted of the following members during the period under review, who were elected to office In April 2022 to serve lor a penod of Iwo yeais". Kulwant Singh Hans (Presidenll Manjil Singh Samra Ivice-presidant) Maniil Singh Mann (General secretary) Harbhaian Singh Mand Isecreiaryi (deaSed 9111r20241 Narinder Singh Chahal (Treasurer) Sukhjinder Singh Bhangoo IAssistanl Ireasurerl Jaswanl Singh Reehal (Stage secretary) Sawraj Singh Atwal Imemterl Gurdev Singh Grewal Imemkrl Balwanl Singh Thaman Imemberl Sarabjil Sin9h Sohi Imembefl The lille lo the Charity's property is held by cu¥lctyJian Iruslees. who are glecled every vo years. The custodian Iruslees during the period undec review were Amrik Singh Dhanoa Ichairmanl Gurdev Singh Bhangoo Surinder Singh Shergill Kamaljil Singh Chahal Managernenl committee membeT8 and custodn Iruslees provide voluntary honorary services lo the Charity. The management committee once again acknowledge5 the great contribution made by all Ihe sevadars Ivolunteersl al all levels ol oryanisalion during this period. Actlvitie3 and a¢hievement8 Durlng ihe period the management committee camed out a variety of aelivilies in order ID achieve the objects of the Charity sel out In the Constitution. Spreading the Gospel Irulh of GUTU Granth Sahib. the Holy Book and holding congregations to celebrate the Sikh Gurpurbs and preaching and performing Sikh religious riles and ceremonies. including baptism. funeral service5 and marriages in accordance with Sikh religious traditions. Organising public lectures, COnfenCeS and meetings and arranging religious galhenngs as required by the Sikh communty lo promote Sikhi5rn. Organi5ing other schemes con81slent with the spirit of Sikh religion an¢J approved by the members. Advancing the education of members of this organisation and the host ommunity concerning good citizenship in a multi-rla1 Society and co- ordinating with other organisalions esiablished lor Ihe atlainmenl ol this objective ProvKling spiritual and material support for those in need. Participating in the local community inlerfailh activitie5. Page 1
GURU NANAK SAT SANG SABHA, MAIOENHEAD Charity nurnber 2777621 TRUSTEES, ANNUAL REPORT forthe yoar ended 30 APRIL 2024 {continuedl Responslbilities of members of the managemtrnt committèg The law applicable lo charities in England and Wales (the Charities Act 20111 requires the management committee lo prepare financial statements for each financial period. The management committee is responsible lor keeping accounting records which disc1059 with reasonable accuracy the financial position of the Chanty and which enable them lo ensure that the financial slalemenls comply with ihe Charities Act 2011. They are also responsible for safegu8rding the assets ol the Charjty and hence for tsking reasonable steps for thè prevention and detection ol fraud and olher irregularilies. Risk management & reservos policy The management committee active review8 Ihe major risk5 whh the charity faces on regular basis and believos that maintaining reserves al current levels, combined with an annual review ol the controls ovef key financial systems. will provide sufficient rosources in the event ol adverse condilK)ns. 11 Is the policy of the Charity lo continue with the nee8$sary regular maintenance and upkeep of the present buildin9, while accumulating funds surplus to ils operating activities towards the eventual rebuilding or relocalion costs of the main prayer hall. The amount held in tho bank 5avin9s account 18 designated as Buildin9 Fund. The inveslment Strategy is sgt by the management committee, taking into aceounl anlicipaled demand lor funds. During the period under review the management ommillee Implemenle(J a low nsk Inve3lmenl policy and all funds were held in bank current and deposit ac¢ounl5. Reserves and cash Inve8trnenl8 policie8 a both kept under periodic review by the management committee. Public ben•fit The Trustees have had due regard lo the Chanty Commission guhlance on public benefit. APPROVAL The above report is approved by the managemgnl committee and signed on Ils behalf.. ure Full name.. Amrik Singh Dhanoa Position. Trustee {Chairman} Date . . March 2025 Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GURU NANAK SAT SANG SABHA. MAIDENHEAD (Charity number 2777621 I report lo the Iruslees on my examination of the accounts of Guru Nanak Sal San9 Sabha, Maidenhead, for the year ended 30 April 2024. which are Sel out on pages 4 and 5. Responsibilities and basis of report As the charity's trustees of Guru Nanak Sal Sang Sabha. Maidenhead, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 1 IheAct I I report in respect of my examination of the accounts carried out under section 145 of the 2011 Act and In carrying out my examination, I have followed the applicable Dire¢tions given by the Charity Commission under section 145151{bl of the Act. Independent examiner's statement I have completed my examinabon. I confirm that no material malleis have come lo my attention in connecbon with the examination which gives me cause lo believe that in, any material respect.. accounting reeord5 were not kept In accordance with section 130 01 the Act or the accounts do not accoid with the accounling record5 I have no concerns and have come across no other matters In ¢onneclion with the examination lo which allenlion should be drawn in ordei lo enable a proper understanding ol the accounts to be reached Y P Maudgil, FCCA MAUDGIL & CO. Chaflered Certifi'ed Accountants Ground Floor. 21 York Road. Maidenhead, Berkshire, SL6 1 SQ Dale. -O.March 2024 Page 3
GURU NANAK SAT SANG SABHA, MAIDENHEAD (Charity number 2777621 31 Rulland Road, Maidenhead, Berkshire RECEIPTS AND PAYMENTS ACCOUNT for the year ended 30 APRIL 2024 Unrestricted funds 2024 Unrestricted lund¥ 2023 RECEIPTS From voluniary sources.. Members, subscriptions General donations Gift aid lax recovery From investments. Interest received 375 121902 298 103001 10291 6689 128966 1507 115097 PA YMENT Payments lor generating funds.. Healing and lighting Water Insurance Cleaning Priests, preachers and musicians Grocery provisions Telephone charges Fixtures. fittings and equipment Repairs and maintenance Printing Education, sports and youlh expenses Refuse collection Bank charges Professional lees other expenses 19578 5242 1400 1465 25489 930 562 8160 3238 372 320 2245 1766 20861 1240 1909 24449 1085 443 50648 146 1822 1576 810 50 105039 145 70912 NET RECEIPTS FOR YEAR 58054 10058 Cash funds al 30 April 2023 $47646 $37588 CASH FUNDS AT 30 APRIL 2024 605700 547646 Page 4
GURU NANAK SAT SANG SABHA. MAIDENHEAD (Charity number 2777621 STATEMENT OF ASSETS AND LIABILITIES as at 30 APRIL 2024 Unrestricted funds Unrestricted lufid$ 2024 2023 ASSETS MONEfARY ASSETS B8nk balances.. HSBC Business Money Manager account HSBC Community account Cash in hand Total Cash funds 432982 169537 3181 605700 311301 235608 737 547646 SUNDRY DEBTORS OTHER ASSETS a The lille deeds lo the Charity's premises. namely 31 Rulland Road. Maidenhead, are held In the name of the Custodian Trustees b. The Charity also owns furniture, fithngs, kitchen and other equipment and books. items both Purchased and donated over a period of bme. A detailed inventory is maintained by the Management Committee. LIABILITIES SUNDRY CREDITORS FUNDS DETAILS a. Designated.. Building fund b. Reslricled funds 432982 Nil 311301 Signed on behalf of the Management Committee= Signature Full name.. Ravinder Singh Zandu Position.. President Dale.. .March 2025 Page 5