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|CONTENTS||Pages|
|---|---|---|
|Report ofthe Trustees||3to 7|
|Trustees Responsibilities|Statement||
|Report of the Independent|Auditors|9to12|
|Statement<br>of Financial Activities||13|
|Balance Sheet||14|
|Cash flow Statement||15|
|Notes to the Financial Statements||16to 24|





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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|f|8|6|6|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies|||2|260,060|28,484|288,544|142,463|
|Investment<br>income|||3|86,337||86,337|69,616|
|Total||||346,397|28,484|374,881|212,079|
|EXPENDITURE ON||||||||
|Raising funds||||16,063||16,063|7,752|
|Charitable<br>activities||||||||
|Staff Costs||||67,182||67,182|88,521|
|Premises Costs||||54,812||54,812|17,505|
|Support Costs||||57,902||57,902|57,344|
|Grants paid to Institution|||||||101,000|
|Finance Costs||||2,383||2,383|1,271|
|Governance<br>Costs||||4,230||4,230|4,230|
|Total||||202,572||202,572|277,623|
|Net gains on investments||||30,000||30,000|506,936|
|NET INCOME||||173,825|28,484|202,309|441,392|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||6,135,210|63,864|6,199,074|5,757,682|
|TOTAL FUNDS CARRIED FORWARD||||6,309,035|92,348|6,401,383|6,199,074|





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|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|f|8|6|E|
|FIXEDASSETS||||||
|Tangible assets|11|826,385||826,385|836,535|
|Investment<br>property|12|4,103,500||4,103,500|3,805,000|
|||4,929,885||4,929,885|4,641,535|
|CURRENT ASSETS||||||
|Debtors|13|22,194|92,348|114,542|9,185|
|Cash at bank and in hand||1,505,392||1,505,392|1,564,271|
|||1,527,586|92,348|1,619,934|1,573,456|
|CREDITORS||||||
|Amounts<br>falling due within one year|14|(148,436)||(148,436)|(15,917)|
|NET CURRENT ASSETS||1,379,150|92,348|1,471,498|1,557,539|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||6,309,035|92,348|6,401,383|6,199,074|
|NET ASSETS||6,309,035|92,348|6,401,383|6,199,074|
|FUNDS|15|||||
|Unrestricted<br>funds||||6,309,035|6,135,210|
|Restricted funds<br>TOTAL FUNDS||||92,348<br>6,461,363|63,864<br>6,199914.|





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|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||5|
|Net income for the|reporting||period (as per the|Statement of|||
|Financial Activities)|||||202,309|441,392|
|Adjustments<br>for:|||||||
|Depreciation<br>charges|||||16,890|13,740|
|Interest received|||||(693)|(2,214)|
|Gains on investments|||||(30,000)|(506,936)|
|(Increase)/decrease<br>Increase/(decrease)|in debtors<br>in creditors||||(105,357)<br>132,519|128,675<br>~9,160|
|Net cash provided|by operations||||215,668|65,497|
|ANALYSIS OF CHANGES||IN|NET FUNDS||||
|||||At 1.4.21|Cash flow|At 31.3.22|
|||||6|f|6|
|Net cash|||||||
|Cash at bank and in|hand|||1,564,271|58,879|1,505,392|
|||||1,564,271|~00,079|1,00~,392|
|Total||||1,564,271|~08,879|1,005,392|



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|2,|DONATIONS|DONATIONS|AND|AND|LEGACIES|LEGACIES||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022||2021|
||||||||||6||E|
||Donations||||||||288,544||142,463|
|3.|INVESTMENT|||INCOME||||||||
||||||||||2022<br>f||2021<br>8|
||Rents received||||||||85,644||67,402|
||Deposit account interest|||||||||693|~2214|
||||||||||86,337||69,616|
|4.|RAISING FUNDS|||||||||||
||Investment||management<br>costs|||||||||
||||||||||2022||2021|
||||||||||8|||
||Investment|property||||costs - rental sites|||16,063||14,097|
||Impairment|losses|||||||||~6,345)|
||||||||||16,063||7 752|
|6.|CHARITABLE|||ACTIVITIES COSTS||||||||
||||||||||||Support|
||||||||||||costs (see|
||||||||||||note 7)|
||||||||||||E|
||Staff Costs||||||||||67,182|
||Premises Costs||||||||||54,812|
||Support Costs||||||||||57,902|
||Finance Costs||||||||||2,383|
||Governance||Costs||||||||4,230|
||||||||||||186,509|
|8.|DONATIONS||PAID|||||||||
||||||||||2022||2021|
||||||||||E||E|
||Donations|paid||to Institutions|||||||101,000|
||The total donations||||paid to institutions||during|the year was as follows:||||
||||||||||2022||2021|
||Other||||||||||1,000|
||Guru Nanak||Nishkam|||Sewak Jatha (Leeds)|||||100,000|
||||||||||||101,000|





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|SUPPORT COSTS|||||
|---|---|---|---|---|
||||Governance||
||Management<br>6|Finance<br>f|costs<br>f|Totals<br>6|
|Staff Costs|67,182|||67,182|
|Premises Costs|54,812|||54,812|
|Support Costs|48,959||8,943|57,902|
|Finance Costs||2,383||2,383|
|Governance<br>Costs|||4,230|4,230|
||170,953|2,383|13,173|186,509|



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|||2022|2021|
|---|---|---|---|
|||6||
|Wages|and salaries|64,961|84,666|
|Social|security costs|896|2,188|
|Other|pension costs|1,325|1,667|
|||67,182|88,521|



|||2022|2021|
|---|---|---|---|
|Support|staff|3|5|





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|10.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||fund<br>8|funds<br>8|fundsf|
||INCOME AND ENDOWMENTS||FROM||||
||Donations<br>and legacies|||125,607|16,856|142,463|
||Investment<br>income|||69,616||69,616|
||Total|||195,223|16,856|212,079|
||EXPENDITURE ON||||||
||Raising funds|||7,752||7,752|
||Charitable<br>activities||||||
||Staff Costs|||88,521||88,521|
||Premises Costs|||17,505||17,505|
||Support Costs|||57,344||57,344|
||Grants paid to Institution|||101,000||101,000|
||Finance Costs|||1,271||1,271|
||Governance<br>Costs|||4,230||4,230|
||Total|||277,623||277,623|
||Net gains on investments|||506,936||506,936|
||NET INCOME|||424,536|16,856|441,392|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward||5,710,674|47,008|5,757,682|
||TOTAL FUNDS CARRIED FORWARD|||6,135,210|63,664|6,199,674|





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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||Improvements|Fixtures||
||Freehold|to|and||
||property<br>8|property<br>8|fittings<br>8|Totals<br>f|
|COST|||||
|At 1 Apdil 2021|750,000|147,865|29,622|927,487|
|Additions|||6,740|6,740|
|At 31 March 2022|750,000|147,865|36,362|934,227|
|DEPRECIATION|||||
|At 1 April 2021|61,945|18,385|10,622|90,952|
|Charge for year|7,500|2,957|6,433|16,890|
|At 31 March 2022|69,445|21,342|17,055|107,842|
|NET BOOK VALUE|||||
|At 31 March 2022|680,555|126,523|19,307|826,385|
|At 31 March 2021|688,055|129,480|19,000|836,535|



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|FAIR VALUE|FAIR VALUE|||
|---|---|---|---|
|At 1 April|2021||3,805,000|
|Additions|||450,000|
|Disposals|||(181,500)|
|Revaluation|||30,000|
|At 31 March 2022|||4,103,500|
|NET BOOK VALUE||||
|At 31 March 2022|||4,103,500|
|At 31 March 2021|||3,805,000|
|Fair value|at 31 March 2022 is represented|by:||
|Valuation|in 2015||554,080|
|Valuation|in 2017||435,000|
|Valuation|in 2018||390,000|
|Valuation|in 2021||506,936|
|Valuation|in 2022||30,000|
|Cost|||2,187,484|
||||4,103,5DD|





|13.|DEBTORS: AMOUNTS|FALLING|FALLING|DUE WITHIN ONE YEAR|DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||5|f|
||Other debtors||||||114,542|9,185|
|14.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE||YEAR||||
||||||||2022|2021|
||||||||6|6|
||Taxation and social secudty||||||416|1,027|
||Other creditors||||||148,020|14,890|
||||||||148,436|15,917|
|15.|MOVEMENT<br>IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
||||||At|1.4.21<br>f|in funds<br>F|31.3.22<br>f|
||Unrestricted<br>funds||||||||
||General<br>fund||||6,135,210||173,825|6,309,035|
||Restricted funds||||||||
||Kar Sewa Patna Sahib Project||||63,864||28,484|92,348|
||TOTAL FUNDS||||6,199,074||202,309|6,401,383|
||Net movement<br>in funds.|included||in the above are as follows:|||||
|||||Incoming|Resources||Gains and|Movement|
|||||resources|expended||losses|in funds|
|||||8||6|6|E|
||Unrestricted<br>funds||||||||
||General<br>fund|||346,397|(202,572)||30,000|173,825|
||Restricted funds||||||||
||Kar Sewa Patna Sahib Project|||28,484||||28,484|
||TOTAL FUNDS|||374,881|j202,572)||30,000|202,309|





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|Compar|atives|for movement<br>in funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.20|in funds|31.3.21|
||||6|f|5|
|Unrestricted||funds||||
|General|fund||5,710,674|424,536|6,135,210|
|Restricted funds||||||
|Kar Sewa Patna Sahib Project|||47,008|16,856|63,864|
|TOTAL|FUNDS||5,757,682|441,392|6,199,074|



|Comparative<br>net movement<br>in funds, i|ncluded<br>in the above|are as follows:|||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources<br>f|expended<br>8|losses<br>6|in funds<br>6|
|Unrestricted<br>funds|||||
|General<br>fund|195,223|(277,623)|506,936|424,536|
|Restricted funds|||||
|Kar Sewa Patna Sahib Project|16,856|||16,856|
|TOTAL FUNDS|212,079|~277,623)|506,936|441,392|



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