REGISTERED CHA¥tITY NUMBER.. 279733 GURU NANAK NISHKAM SEWAKJATHA (LONDON) UK ANNUAL REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS 31 MARCH 2025
CONTENTS Pages Report of the Trustees 3to7 Trustees Responsibilities Statement Report of the Independent Auditors 9toll Statement of Finan¢i31 Activities 12 Statement of Financial Position 13 Statement of Cash flows 14 Notes to the Finèntial Statements 15to24
THE TRUSTEES REPORT The trustees present their annual report and financial Pay Policy lor senior staff statements of the charity for the period l April 2024 The tnjstees comprise of the key management until 31 March 2025. The financial statements have personnel of the charity directing and controllin& been prepared in accordance with the accounting running and operating the Charity on a day to day basis. policies set out in note I to the accounts and comply The trustees give their time freely and no trustee with the charity's trust deed, the Chartrties Art 2011 and received remuneration in the year. Accounting and Reporting Charities: Statement of Recomrnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffertive l January 20191. The pay of stsff is reviewed annually and normally increased in accordance with average earnings. PrTrncipal fundlng source The charitls funding comes from donations from the public and investment income. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charlty number 279733 Reserves poIScy The present level of fvndlngls adequate for the future activitye5 of the charity and is assessed by the trustees ) a regular basls. Prln¢lpal Address Guru Nanak Nishkam Sewak Jatha London UK. 142 Martindale Road, Hounslow. TW4 7HQ OBJECTIVES AND ACTIVITIES Trustees Mr, Sarup Singh Mahon Mr. Sukhbir Singh 8imrah Mr. Bhagirath Sin8h Mr. Gurmit Singh Lall Mr. Kuldip Singh Roopral Oblertl¥es ¥nd alms The Charity's objectives and re8ulations are regulated by its Constitution document dated 13 March 1980 and as amended on the 17th February 1984. It is established for the propagation and advancement of the Sikh religion based upon the teachlngs of the ten Gurus and Sri Guru Grènth Sahib Ji and for the relief of poverty. Audltors BSN Chartered Accountants 3B Swallowfield Courtyard Wolverhampton Road Oldbury West Midlands B69 G PublSc benefft GNNSI carries out a wide range of attivities to achieve the required charitable objectives. The array ol activities provide benefit for both those who attend the Gurudwara and generally for the wlder communlty at lar8e. Benefits range from a spiritual uplift through initiation and nurturing of Sikh practitioners; capacitv building of individuals, families and communltles wlth values based educatlon. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity Is conlrolled by its governing document. a deed of trust, and constitutes a charitable trust. ACHIEVEMENT AND PERFORMANCE FINANCIAL REVIEW Rlsk management The Trustees actively rewew the major risks which the Charity face5 on a Tegular ba515 and believe that AnaoKlal re¥lew maintaining reserves at current levels, combined with The Statement of Financial Actiwties shows total an annual review of the controls over key financial income of £654,655 and expenses of £319.220 systems, will provide Skrfficient resour¢es in the event of generating a net income of £33S,435. The Balance adverse conditions. The Trustees have also examined Sheet shows total funds of £7.182.796. other operating and business risk5 faced by the Charity and confirm that they have established sy5tem5 to mitigate risks. Trustees and principal officers The charity has a Supreme Council of five trustees one of whom is approved as the Chairman.
THE TRUSTEES REPORT ACHIEVEMENT AND PERFORMANCE FINANCIAL REVIEW ICONTINUEDI Investment policy and objecthves The Charity's principle objective is to uplift humanity through the practice of faith values within the context of shared responsibility, selflessness. love. forgiveness, altruism and compassion. The Tru5t'5 inve5trnent policy Is to defray the income gained from donations and its investment portfolio to support the cornmunity. At the balance sheet date the Trust's investment portfolio has a market value of £4.103.5C(l and generated income of £155,528. The funds ralsed are expected io achieve the objectives of the Charity. Oeveloprnent act5vity GNNSJ london's vision is to redevelop the existing facilities which provide for a site capable of further benefittin8 nei8hbourin8 and widef communbties. Given the size and complexity of the project, it could take several years to achieve planning permission and further construa the new site. Fundralsln8 No fundraising events or artivities took place in the year. Goln8 ¢on¢ern The accounts have been prepared on the ba515 of being a going concern. The Trustees confirm that they have taken into account all available information about the future for at least 12 months from the date of the accounts were approved and conclude there 15 no uncertainty relatin8 to 80inB concern.
GNNSJ London- Faith Based Artivity Guru Nanak Nishkam Sewak Jatha Ilondonl UK SLtkhm3ni Sahib Paaths. In addition to these services, GNNSJ 15 a faith led 'not for profit, benevolent the community participates within Simran (chanting of organisation. It is dedicated to prattiang and God's namel, Nitnem 15 morning prayers), Rehras promoting Nishkèm Iselflessl service in the name (evening prayer) and Kirtan (singing of hymns) on a daily of Guru Nanak Dev Ji 11469 15391.. the founder of basis. There was also an Akhand Jaap with all day Kirtan the Sikh Dharam. The word Dharam is reflective of and Nitnem Jaap with an all day reading of the 5 religionlfaith but also encompasses a morning prayers. Sikh's wider sense of obligation and duty in their wav of life and their actions towards others and all of Funerals.. There was several Funerals that took place God's creation. during the year. The Gurudwara also offered the service for dlspersal of cremation ashes. GNNSJ'S mission is the propagation, prattice and advancement of the Sikh Dhafam based on teachin Lan8•r.' A vegetarian meal at no cost from the Guru's ofthe ten Gurus and Guru Granthsahib Ji. the kitchen is available 24 hours a day to any devotee or eternal Guru and sacred scripture ol the Sikhs. sitor irrespective of their caste, colour or creed. With engagement over 30 year5 in spiritual Around 5.2CKI meals are seNed per week. development and enrichment Irom London, GNNSJ continues steadfast in its endeavours to propa8ate faith values. Teach5n8 ol Scrlptures and K5rtan, Sacred music (Kirtanl classes. In the year there were Gurmat school classes with 80 students, kirtan classes with 25 students, weekly and fortnightly tablè c13$5e5 With 12 5tudent5. How our artlvltles dellver publ1¢ benefit GNNSI carrles out a wide range of activities Gurpur•b and Valsakhl Paaths Prayers were held pursuance ts charitable objectives. The array throughout the period to celebrate the births of the Sikh of artivities provlde beneflt both for those who Gurus and the birth of the Khalsa fraternity. attend the Gurudwara and the wider community at large. Benefits range Irom spiritual uplift through Annu•l P•*th5 were also held at GNNSI London to nurturing of Sikh practitioners.. capacity building of commemoraie the anniversaries of GNNSJ'S founder Indivlduals, lamilies and communities with Saint, Sant 8aba Puran Sin8h Ji (Baba Jil, as well as Baba value5 throvgh the regular practice of voluntary servi Ji's successor, Bhai Sahib Bhai Norang Singh Ji. Photos and collective worship. from the service are included within thi5 report. Partl¢lpatlon and Én¢a8ement Cl¥ll soclety support of SWAT (Sikh Welfare Awarenes5 Socletyi, contrTrbution to maklng Langar on a weekly basis to support the serving of over 2,CKJO free mea15 for the homeless atross Greater London. Visits from local MPS and councillors as well as the local Police to build community relations. Donations of food for charitable fund raiser events held by local Khools. The Sikh Gurudwara (Sikh place of WOTshipl in Hounslow, Greater London is at the heart of the London based Jatha's activitie5 and aims. promotes spiritual and physical regeneration through the promotion and propagation of the Sikh Dharam Communlty support through Splritual and family Prayer service5: These promote spiritual well-being guidance,. local council adwsory services,. financial advice and ultimately improve the quality of life for for the vulnerable- school admissions support,. assisting devotee5 Ind the wider community. they are police visits to deal with local Issues and communlty provided on a non-stop ba54S throughout the advice as well as 5UPPOrting wellbeing through Yoga period. This may be throu8h Akhand P33th Sehaj classes. In the current year, GNNSJ also assisted in Paaths Simran (chanting of God'5 namel and providing additional food for those in need due to covid. Kirtan Isinging of hymns) on a daily basis. Faith Prartlce and propa8ation Prayer services.. These promote spiritual well-being and ultimately improve the quality of life for Ilevotees and the wider community. During the year there have been near 20 Akhand Paaths, 50 Sehaj Paath5 and over 100
5nap5hot of artlvitles In key events, preparatlon of langar and ommunity engagement The Proposed Development Plan5
GNNSJ London Vision GNNSJ London wa5 established on the 13th March 1980 and has grown from serving the local Sikh faith to supporting 3 large and flourishing community, which undertakes extensive local charitable work. On a weekly ba515 the Gurudwara currently serves approximately S,200 congregation members. In order to accommodate the growing congregation the base grew from a single residential property to a multitude of adjoining structures. The achievements of NSWL through the on-going 3nd ever-strengthening partner5hip5 with parents, volunteers and the local community ensured that the school succeeded even when it wa5 housed in a temporary site (September 2013 - July 20181 for longer than anticipated. Dedicated volunteers adapted the internal and external space to ensure that the 350 students had the best possible facilities available to them. Without this immense contribution from the local cornrnunity and volunteers. and the understanding and patience of parents and staff, it would have been impossible to remain at the temporary site without depleting school resources on basic building works alone. It is proposed to demolish and completely redevelop the Gurudwara with a design keeping in with traditional Sikh architecture. This will provide a state- of-the art, purpose-btjilt facility 5ervin8 the needs of the local community. It is also proposed to create large underground carpark a5 part of the development to alleviate parkin8 pressures on nelghbouring streets. 8efore the school moved to the new site in Osterley. in September 2018, a large volunteer effort to clean and landscape the site perimeter took place. The estimated cost of this volunteer effort surpassed £25,000. GNNSJ London's vision is to redevelop the existin8 facilitie5 which provide for a site capable of further benefitting neighboring and wider communities. Given the size and complexity of the project, it could take several year5 to achieve plannin8 permission and further construct the new site. NSWL 15 fast becomin8 an inte8ral part of the local community, Providing high standard educational opportunities for local children and employment opportunities for local residents. It also provide5 space for several organlsations including community groups to use the facilities out of hours. These facilities would seek to offer sustainability, have multi-functional Usage and beflt the needs of an ever Nlshkam SWAT (Slkh Welfare & Awareness growing communlty The proposed development Teaml is a charitable or8anisation based in West would seek to continue to provide the following London. It was founded In 2008. when It opened Its services to the local communlty., vouth club which offered reBul3r workshops on substance abuse awareness, informal talks on the SSkh and other faiths, and group diKussions and debates on current issues. allowing children and youth to open up about the problem5 they face svch as gang culture, dru8 addiction and alcohol abuse. In 2009 the NSshkam SWAT Homeless Project was established amidst the growing concerns for the ever increasing homeless population In and around London. Volunteers would spend their evenings preparing food and servin8 It across the city. A primary collaboration for this Period has been the cooking of 100 meals every Monday at the Gurudwara for those who are homeless. Prayer • Selfless Service I Volunteerin8 Langar • Wedding ceremonieslFunerals Supplementary Education Health & Wellbeing Childcare, Youth & Family Support Elderly Care Advise & Guidance Services Counc51ors Clinlcs The Nishkam School West London is an Ofsted 'Outstanding' school that was completed in This equates to just over 5C(10 hot meals. The Zero July 2018 and is operating under the Government Hunger with Nishkam Langar is an innovative approach free school programme as a separate entity. Through to athieving the UN goal of zero hunger. The project is the redevelopment of the once derelict site in based in Malawi. East Africa, and provides local children Osterley, and the Construction of the brand new state free food 8t school, which in turn provides children with of the art 'all through, school building, the area an incentive to attend and gain an education which will previously associated with illegal durnping and 5UPPOrt them throughout their lives. The initiative travellers, has been transformed. More recently the works on a self-sustairting program where local work undertaken by NSWL. in conjunction with communities are not only provlded free meals, they are also provhded with land. machinery and training to another local secondary school and the local rugby become self4eliant. Currently Zero Hun8er with club, is due to be submitted for a National Planning Nishkam Langar served IC(J.000 meals a month, and is Partnership Award, highlighting the great work undertaken by national bodies, local Councils and on t3r8et to serve in exce55 of I million rneals per year. voluntary organi5ations.
ststement of Trustees RÈsponsibilitles GNNSJ London ststement of Trustees Responsibilitie5 The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Account5 and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial Statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resource5 and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently,. obseThe the methods ènd principles in the Charity SORP; make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the charity will continue in busines5. The trustees are responsible for keepin8 proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provis5ons of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. Approved by order of the board of trustees on 27 November 2025 and signed on its behalf by: Sarup Singh Mahon Trustee
Guru Nanak Nishkam Sewak Jatha London UK Independent Auditovs Report to the Trustees of Guru Nanak Nlshkam Sewak Jatha London UK Year ended 31 March 2025 Oplnlon We have 8udited the financial statements of Guru Nanak Nishkam Sewak Jalha London UK Ilhe 'charity'l for the year ended 31 March 2025 which comprise the statement of financial activities, statement of finaricial position. statement of cash flows and the related notes. including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard aPIcable in th& UK and Republic of Irdand Iuniled lQ'ngdom Generally Accepted Accounting Practicel In our opinion the financial stslemenls-. givo a Inje and fair view of the state of the chartys affairs a8 al 31 March 2025 and of rts incoming resources and application of resources, including 118 income and èxpendilur8, for th8 year then ed., have been properly prepared in accrydance th Unrted Kingdom Generally Accepted Accounting Practice., have been prepared In accordance with the requirements of Ihè Charities Act 2011. Ba•1• for oplnlon We ¢onducled our audit in accordance Internolional Stsndafds on Audrting IUKI IISAS IUKII and appli¢able law. Our responsibil.eS undef those standards are further described in the auditor's responsibilrties for the audit of the financial statements sectK)n of our report. Wè arè independent of the tharily in accordance with the ethical requirements that are relevant lo our audit of the financial slalemenls in the UK, including the FRC'S Ethic81 S18ndard. and we have fijlfilled our other èthical responsibiltieS in accordance wlh these requirements. We bèlieve that the audit evidenee we hav8 oblalned is sufficient and appropriate to provide a ba%s for our opinion. Concluslon# r•latlng to golng Gon¢•m In audrting the financial $talem•nls. we have concluded that the trustees. use of the going concem bosis of accounting in the preparation of the financial stslemenls Is 8ppropriale. 8ased on the work we have performed, we have not identffied any material uncertaintses relating lo events or conditions that. individually or collethvely. may Cast $ignifi¢anl doubl on the ¢harily's ability to continue as a going ¢on¢em for a period of al least fvmlve months from when the financial slalements are aulhorised for issue. Our responsibilities and the reswnsibilrties of the trustees wrth respect to going concem are described in the relevant sections of this fewt.
Guru Nanak Nishkam Sewak Jatha London UK Independent Auditorfs Report to the Trustees of Guru Nanak Nishkam Sewak Jatha London UK (conwnwdl Year ended 31 March 2025 Other Informatlon The other infomalion comprises the lnlomakn.on induded in the annual t, Induding the Iruslees report, other than the financial statements and our audrtor'5 report thereon. The trustees are responsible for the other informall. Our opinion on the finanaal statements does not cover the other inlomialion and except to Ihg exlent otherwse eXltIY stated in our report, we do not express any fomi of assurance conclusion thereon. In Conr110 wth our audit of the financial stalèmenls. our responsibility is lo read the other information and, in doing so, consider whether the other Infomalion is materially ineonsistenl with the financial 5talemenls or our knoedge obtained in the audit or otherwise appears lo be materially misstated. If we identify material inconsisleneies or apparent material misslalemenls, w& are requirgd lo determine wh8lh8r Iherg is a material misstatement in the financial slalements or a rnalerial misslalemenl ol the olher informats'on. If, bowl on the work we have performed. we condude that there is a material misslatement of this other informats"on, wo are required lo roport that fad. We have nothing to report in this fegard. Mattèrs on whlch wè ar• r•qulr•d to r•port by •xc•ptk>n In the light of Ihg kn¢>edge and understanding of the tharity and ils environment obtained In the course of the oudil, we have not identified material misststemenls in the Iru$lee$' report. We have nothing lo report in respect ol the following m8tters in relatson lo Ithich the Charities (Accounts and Reports) Règulations 2008 fequire us lo report lo you if. In our opinion,. the infomiation given in the Iwstees, rewt is ino)n*stenl in any malerial rospgd the financial slalements., or adequate aCLounting records have not been kept: or the financial statements ore not in agreement wth the accounting rerS., or we have not received all the irrformalion arKI oxplanalion$ wa roquiro for our audit. Responslbllltles ol truste As explained more fully in the Iruslett, responsibilities slalement, the Iruslees are sponsible for the preparation of the financial slalemenls and for being sth'sfied that they give a true and fair view, and for such intemal control as the trustees determine is necessary to enable the preparation of financial slal8menls that are fre8 from material mi$8tatement, whether due lo fraud or error. In preparing the financial stslemenls. Ihe Iwstees are responsible for assessing the charty'$ ability lo continue as 8 going concern. disclosing. as applicable. matters rolaled to going Concgm and using th8 going concern basis of aCuntIng unless the trustees eiiher intend lo liquidate the charity or lo ¢ga$o operations, or have no realistsc allernabve but to do so.
Guru Nanak Nishkam Sewak Jatha London UK Independent Auditorfs Report to the Trustees of Guru Nanak Nishkam Sewak Jatha London UK (conknu Year ended 31 March 2025 Audltor's rèsponslbllltlgs for the audlt of the flnanclal ststements Our objectives a lo obtain reasonable assurance about whelhef the financi81 statements as a whole are free from material misstatement, whether due to fraud or errol, and lo issue an audi(or's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance wth ISAS {UKI wll aayS detect a material misstatement when It exists. Misslalemenls can arise ftom fraud or error and are considered material if, indNidually or in the aggregate, they 1 reasonably expected lo influenc8 the economic decisions of users tskèn on the basis of these financial slalements. Irregularities, including fraud. are instances of norFcompliance wlh laws and regulations, We desi9n procedures in line wrth our responsibilities, outlined above, lo delect malefial misstatements in respect of irregularitie5, including fraud. The extent to which our procèdures are capable of delecttng irregularities. including fraud is detsiled below.. Irregularities that iesull from fraud might be inherenuy more difficult Ihan irregularities that rgsult from error. which gives risk lo a risk ol material misstatemenl. We are of thg opinion that the planned audrt approa¢h. the dtxumenlation and inlerrogabon ol the entity's controls means that Ihg audit procedures carried out were capable ol detecting irregulanties. induding fraud We have also reviewed financial Slalemenl disclosures and tested these lo supwrting documentation lo assess compliancg with applicable laws and regulations. We have audited the risk of mana98m8nl override of controls, Including through lesling journal entries and olhor adiustmenls for appropriateness, and evaluating the business ralion*le of significant transactions outside the nomal ts)urse of business. We have also made enquiries of entity staff In lax and compliance fvnctions to Identify any instances of non ¢ompli3n¢e with laws and regulation$. AS part of an audit in accordance with ISAS IUKI, we exerdse prol•g¥lonal ludgmènl and m8lntsln professional sceplicism throughout the oudit. We also Idéntify and 8s$695 thè risks of mat•rial misstst6m6nt of the fin8na81 stalemenls, whether due lo fr8ud or error, design and perfomi audit Procedures responsive to thoge risks, and obtsin audit evidence that is sufficient and appropriate to provide a basis for our opinion. The nsk of not detecting a material mis$lalemenl resulting from fraud is higher than for one resulting from arrtsr, as fraud may involve Collush. forgery. intentional omissions. misrepresentations, or the override of internal control. Obtain an understsnding of intemal control Televanl to the audit in order lo design 8udll procedures that ar8 appropriate in the Circumstances. but not for th8 purpose of expressing an opinion on the effectNeness of the intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estsmates and related disdosures made by the trustses. Conclude on the appr¢)priateness of the Iruslees, use of the going concem basis of accounting and, based on the audrt evidence obtained, whether a material uncertainty exists related lo events or conditions that may cast significant doubt on the charity's ability to continue as a going concem. If we condude that a material uncertainty exists. we are required to draw attention in our auditor's report to the related disclosures in the financial slatements or, if such disc105ures are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our audrtorfs report. Hov•Ever, luture events or ¢ondTbons may cause the charity to cease lo conb.nue as a gotng conrn. 10
Guru Nanak Nishkam Sewak Jatha London UK Independent Auditorfs Report to the Trustees of Guru Nanak Nishkam Sawak Jatha London UK (coniinwd) Year ended 31 March 2025 Evaluate the overall presentation, structure and content of the financial statements. in¢luding the disdosures, and whether the financial $lalements represent the underlying transactions and events in a manner that achieves fair pres8ntalion. We MMunICate with those charged wth govemance regarding, among other matters. the planned scope and timing of the audit and significant audrt findiS. induding any sionificanl deficiencies in inlornal control that we identify durin9 our audit. BSN Assodalès Limlled is eligible for appointrnenl as auditor of the tharity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006 Use ofour rgport This report is made sdely lo the charity's trustees, as a body. in accordanee wth Section 144 of the Charrties Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertèken so that we might stale lo the charity's trustees those matters we are required lo slate lo them in an auditor'5 report and lor no other purpose. To the fvllesl extent rnitted by law. w8 do not accept or assume respOnbIlty to anyone other than the tharity and the charrty's trustees as a boo¥, for our audit work, for this repgrt, or lor the opinions we have fomied. Es Asso LITrK4Fed. 8SN Associat85 Limilgd Charter8d a¢counlanl$ & 51alutory auditor 3B Swallowfield Coutyard Wolverh8mplon Road Oldbury Wesl Midlands 869 2JG 11
Guru Nanak Nishkam Sewak Jatha (London) UK Statement of Financial Activitles Year ended 31 March 2025 2025 Restricted funds Totsl funds Total funds 2024 Unrestricted fijnds Not• Income and 8ndowm8nts Donations and legaaes Investment income 465.534 155.528 33,593 499.127 155.52B 480,401 127,593 Total Incomè 621,062 33,593 654,655 607,994 Expendlturo Expenditure on faising funds". Investment management costs Expenditure on charitable activities Total expondSturn 6,262 312,958 6,262 312,958 3,086 411,752 319,220 319.220 414.838 Ngt Income and n•t mov•m•nt In funds 301.842 33,593 335,435 193,156 R•conclllatlon of funds Total fvnds brought foard Total funds carrlod forward 6.350.H5 496.916 6.847,381 6,654,205 6,652,287 530.509 7.182,7 6,847,361 The Slalemenl of financial activitie8 indudes all gain8 and lossas rncogni58d in th8 yèar. l income and exFendrture derive from continuing activrties. The note8 on pages 16 to 24 fonn part of thes• Ilnanclal stat•m•nts. 12
Guru Nanak Nishkam Sewak Jatha (London) UK Statsment of Financial Position 31 March 2025 2026 2024 No Fixed assgts Tangible fixed assets Investments 14 916.564 15 4,103,500 850,906 4.103,500 5,020,C64 4.954,406 Currnnt ass•ts Debtors Cash al bank and in hand 16 23.512 2.200,181 36.192 2,040,832 2,223,693 2,077,024 Crgdltors: amount8 falllng du• wSthln on• year Net currnnt assots 17 60,961 184,069 2,162,732 1,892.955 Total assets less current Ilabllrtles 7,182,796 6,847.361 Not a850ts 7,182,796 6,847,361 Funds of the charlty Reslricled funds Unrestricted funds.. Revaluation reserve Other unr8slricl8d incom• fund$ 530,509 498,918 1,379,099 5,273,186 1.379,099 4.971,346 Total unro•trlcted lund• 6,852,287 7,182,796 6,350,445 6.847,361 Totsl ch•rlty funds These fin8ncial slalemenls WEre approved by the bo8rd of trustees and authorised for Issue on 27 November 2025, and are signed on behalf of th8 board by.. 5 3tyA Mr Bhagiralh Singh Trustee Th• nots* on pag•s 15 to 24 fom partofth•sefin•ncial ststsments. 13
Guru Nanak Nishkam Sewak Jatha (London) UK Statement of Cash Flows Year ended 31 March 2025 2026 2024 Cash flows from operatlng acllvltl Nel income 335,435 193,156 Adjuslmenls for. Depreciats'on of tangible fixed asse15 Dividends. interest and rents from investments Other interest CeiVable and similar income 37,159 1117,9321 (37,5961 24,886 1101.3471 126,2461 Changes in.. Trade and other debto Trade and other creditors 12,880 1123,1081 106.638 113.7791 131,450 Ca8h generated from operaOn8 208,120 Interest recelved 37.596 28,246 Net cash from operating activities 144.234 234,366 Cash flows from Invo¥tlng actlvltle• Dividends, interest and rents from inv8stmenls Purchase of tangible assets Nel cash Irom investing adivilies 117,932 1102,817) 15,115 101,347 148,8801 52,467 Net Increase In cash and cash tqulvalents Cash and cash •qulv*lents at boglnnlng of y•8r Cash and cash fjqulvalonts at end of ytar 159,349 2.040.832 288,833 1,753,999 2,200,181 2,040,832 Thg note4 on Pa9 15 to 24 fomi partof th•s• Ilnanelal statsm8nts. 14
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Financial Statements Year ended 31 March 2026 Gengral Infomiallon The charty is a public benefft entity and a registered tharity in England and Wales and is unincorporated. The address of the principal office is 142 Marbndale Road. Hounslow, TW4 7HQ. statement of compllancg These financial statements have been prepare(l in compliance wrth FRS 102, 'The Financi81 Reporting Stsndard epplitble in UK and the Republic of Ireland., the Statement of Recommended Practice applicable lo chanties preparing their accounts in accordance with th8 Financial Reporting Standard applicable in the UK and RepuNic of Ireland IFRS 1021 (Charitie$ SORP IFRS 10211 and the Chantses Aet 2011. ACCOUnng pollcl Basls of preparatlon The financial slalements have been prepared on the histoncal cost basis. as modified by the revaluation of certain financial assets and Ikqbiliiies and investrnent properties measured at fair value through incomè or exFendiluTe. The financial Stalements are prepar811 in sterfiry, which is thè ffijnctional currency of the enb'ty. Golng concem There are no material uncert&ntie8 about the chanvs abilrty to continue. Dlsclosure exgmptlon8 The enlty holds no significant financial inslnjmenls other than cash, debtors and ¢rodilor8 and Ihefefore no dlsdosure in relats'on lo financial inslwmenls has been included. Judgem•nt8 and kty sourc•s of èstlmatlon uncèrtalnty The preparation of Ihe financial statements Tequires management lo make ludgemenls. eslimales and assumplions that affect the amounts reported. These eslim81es and judgements are continually reviewed and are based on experience and other fa¢t¢ys, IlUding ¢xpèclations of lulure events that are believed lo be reasonable under the circumstances. Income tax The charty is exempt from tsx on ts tharitsble activth"es. Fund accountlng Unrestricted funds are available for use at thè discretion of the trustees lo fvrther any of Ihg charitls purposes. Restricted funds ar6 suty'eeted lo restrKtions on their expendtture dedared by the donor or through the terms of an appeal, and fall into one of fv40 SuClaSses." reslncled income lunds or endowment funds. 15
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Financlal Statements (Con1th Year ended 31 March 2025 Accountlng pollcles (¢on#n& Incomlng resources All incoming resources are included in the statement of finanual activf(ies when entitlement has passed to the charity,. it is probable that the economi¢ benefits associated wlh the transaction 11 fiow to the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income- income frorn donations or grants is recognised when there is evidence of enlillement to the gift. rgIpt 1$ pr¢)bable and rts amounl Can be measured rdialAy. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is mpractlcal to measure reli8y, In which ease the value Is derived from the eost lo the donor or the estimated resale value. Donaled facilities and services are recognised in the accounts when received rf the value can be reliabty m8asure(l. No amounts are induded for the contribution of general volunteers. income from conlr8Cts for the suppty of services is recognised with the delivery of the contracted service. This is classified as unreslricted fiJnds unless there is a conlraclual requirement for il lo be spent on a particular purpose and retumed if unspent. in which case il may be rogarded as reslricled. R•sourc•s expended Expenditure is reco9nised on an accnjals basls as a li8bllity Is Incurred. Expendlture Includes any VAT which cannot be lully recovered, and is dassified under headings of the statement of financial activitiès lo whith it rglalg$'. expenditure on raising funds includes the costs of all fiJndr8ising activltses, events, non-charitsble trading activrties, and the sale of donated goods. expenditure on charitable acts'vities includes all costs incLtrred by a charity in undertaking activities that lurther rts charitable aims for the benefit of Its beneficiaries, including those support costs and costs relab.ng to the goveinan¢e of thè tharity apportioned lo tharilable aclivilies. other exwndilure includes all expendiluie that is neither related to raising funds for the charity part of its expenditure on charitable activrtie5. All costs are allocated to expenditure ¢ategorie$ reflecb'ng the use of the resource. Direct costs ottribulable to a single acb'vty are allocated ¢JirecYy lo that ath"vity. Shared costs are apportioned been the activities they cothbLrte lo on a reasonable, juslthable and eonsislent basis. Tlnglble assets Tangible assets are inthalty recorded at cost and subsequenty stsled at cost less any 8ccumulated depreciation and impaiment 105ses. Any tangible a55ets Caled al revalued arnounts are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent •tmU1*d impoimient10ssg5. 16
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Financial Statements IcorfDiueo) Year ended 31 March 2025 Accounllng pollcles {¢onlinued) Depreclatlon DeprerAation is calculated so as to write off the cost or valuab.on of an asset, less its residual value, over the useful economic life of that asset as follows.. Freehold propety Fixtures and fittings Property improvements 2% straight line 25% straight line 2% straight line Inv•$tmènts Unlisted equity investments are initsalty recorded at cost and subsequently measured al fair value. If fair valuo cannot be reliably measured, assets are measurgd at cost le$s impairmgnt. Listed investments are measured at fair value wth dwnges in fair value being recognised in income or expenditure. Investmont proporty Investment propety is inilialty recorded 8t cost. lch includgs purchase price and any diredy attributable expendilure. Inve8tm8nl prop8ty is revalwd to its fair Vall at each reporting dale and any changes in fair value are reco9ni8ed in income or exp6nditur8. If a reliablè measure of 18ir value 1$ ksnger available wthoul undue eosl or effort for an item of investmgnl propety, il shall be Iron$ferTed to tangible assets and treated 88 such until il is oxpgded Ihal fair value will bo reliably moa$urabl8 on an on-going basis. Impalm)ent of flx•d assets A revlew for indiealors of impairment is earrled out at each pOrtIng dale, wlh the recoverable amount being eth'mated wherè Sueh Indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impair8d a)rdIngly. Prior impairmen15 aro also reviewed for POS5ible reversal al each reporting dale. For the purposes of impaimient testing. fjn tt is not possiblg lo esllmale the recoverablo amount of an individual asset, an estsrnale Is made ol the recoverable amount of the cash-generaling unrt lo which the asset belongs. The cash-generab.ny unil Is the smallest identifiable group of assets that Indudes the asset and generate5 cash infiows that largely independent of the eastt infiows from otlw assets or groups of assets. For impaimienl tgsts'ng of goo111, the goothw'll acquired in a business combination is, from the acquisition date, allocated to each of the caSgenerating units that are expected lo benefit from the synergies of the combination. irrespective of whether other assets or liabilities ol the tharily are assigned to those unlls. 17
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Flnancial Statements f Year ended 31 March 2025 Accounting pollcles f¢onthu•dJ Flnanclal Inslruments A finanryal asset or a financial liability is regnIsed only when the entity becomes a paty lo the contractual provisions of the instrument. Current assets and Cyent liats'lities are subsequentty measured al the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently meayured al amortised cosl. D8fin•d contrlbutlon plans Contributions lo defined corbtribution plans are recognised as an expense in the perlod in which the related service is provided. Prepaid contribub.ons are recognised as an asset lo the exlenl that the prepayment will lead lo a reduCtn In fijture payments or a cash refund. When contributions are not expected to be settled wholly wthin 12 months of th8 end of the reF<)rting dale in which the employees rendw the related rvIc&. the liability 1$ measured on a discounted present value basis. The unwnding of the discount is recognised as 8n expense in the period in whlch It 8rfs•8. Donatlons and l•g•cl•• Unteslricted Funds Restricted Total Fund• Funds 2025 Donatlon• Donations 465.534 33,S93 499,127 Unrestricted Funds Reslncted Total Funds Funds 2024 Donatlons Dona110ns 443,535 480,401 Investment Incom• Unlestrled Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Income from investment prope$ Bank interest receivable 117,932 37.596 117.932 37,596 101,347 26,246 101,347 26,248 155.528 155.528 127,593 127,593 18
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Financlal Statements (conikntdJ Year ended 31 March 2025 Investment management costs Lknreslricted Total Funds Unrestricted Total Funds Funds 202S Funds 2024 Other investment management costs 6,262 6,262 3,086 3,088 Exp•ndlturn on charltable actlvlllgs by fund typè Unrestricted Total Funds Unrestricted Total Fund5 Funds 2026 Funds 2024 Direct costs of charitable activities Support costs 146,731 166,227 146.731 166.227 235,260 176,492 235,260 176,492 312,958 312.958 411,752 411,752 Expendlturè on ch•rltsbl• actlvltles by •cllvlty typo Activities undertaken directty Support Totsl fvnds st$ 202S Total fund 2024 Direct costs of charitable activities Govemanee costs 146,731 180,045 6.182 306,778 6,182 406,202 5,550 146.731 166,227 312,958 411,752 Anolysls of Support cot• Total 2028 Total 2024 Stsff costs General office Bank charges Depreciation Legal and Pfolessional fees 124,451 5,283 2,632 25.214 2.485 118,601 6,028 3,638 14,429 28,246 160,045 170,942 10. Net Income Net income is staled after chargingllcTedrfing)'. 2025 2024 Depreciation of tangible fixed assets 37,159 24,886 19
Guru Nanak Nishkam Sewak Jatha {London) UK Notes to the Financial Statements (CtrO? Year ended 31 March 2025 11. Audltors remuneratlon 2025 2024 Fees payable for the aLKlit of the financial statements 5,100 5.100 12. Staff costs The total staff costs and employee benefits for the rekX)rting pefiod are anatysed as follow5.. 2026 2024 Wages and salaries Social security costs Employer contributions to pension plans 115.710 6.817 1.924 107,749 8,723 2,129 124.451 118,601 The average head count of employees during the year was 512024.. 51. No employee r8celved employee beneffts of more than £60.000 durfng the year12024.' NIII. Key M8nogement Pernonnel The trust considers rts key managem¢nl personnel comprise of the trustees. 13. Trust•e romuneralon and gxpenses Tho Iru51ees received no remunerallon in the currwbt or prior yoar. The Iruslees daimed no expenses in the wrrent C prior year. 20
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Flnanclal Statements {conUfiu• Year ended 31 March 2025 14. Tanglbla fLxed assets Propgrty Freehokl Fixiures and Improvement propety ffth.ngs Totsl Cost At 1 Aprfl 2024 Additions 750.000 221.553 28,420 147.865 74,397 1,119,418 102,817 At 31 March 2026 750,000 249,973 222.262 1,222.235 Deprgclallon Al 1 April 2024 Charge for the year At 31 March 2026 84,445 7,500 156.811 25,213 27.258 4.446 268,512 37,159 91,945 182,024 31,702 305,671 CarrySng amount At 31 March 202S 658.055 87,949 190,560 916,564 Al 31 March 2024 665,555 64.742 120,609 850,9C6 Include(l in cost or vgluatlon of land and buildings is treehold land of £375,00012024.. £375,000) which is not depreciated. 16. InVlments Investment propertlos Cost or valuatlon At 1 Aprll 2024 and 31 March 2025 Impalrm•nt At 1 Aprll 2024 and 31 March 2025 Carrylng amount At 31 March 2025 4,103,500 4.103,500 Al 31 March 2024 4,103.500 All Investments shown abovg are held al valuation. Investment propertles The inveslrnent propety valuatsons were ievith¥ed by the trustees at the balance sheet dale and they feli that no revaluation was ressary after h8ving obtained an external professional desktop valuation by Henleys Estate Agents which indicated that the overall valuion was not dissimilar to the amounts in Ihg finaneial statements. 21
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Financlal Statements Year ended 31 March 2025 16. Debtors 2026 2024 Prepayments and accrued income Other debtors 15.433 8,079 20,060 16,132 23,512 36,192 17. Credltors- amounts lalllng dug wfthln one year 2025 2024 Accnjals and deferred income Social security and other taxes Other Creditors 43,858 1,896 15.207 164.203 3,983 15,883 60,961 184,069 18. Deforrod In¢om• 2026 2024 Al 1 April 2024 Amount reléased to income 31.357 14,3501 27.007 35,706 14,349) 31,357 At 31 March 2025 19. P•n¥lons and other post retlremont benefft8 Deflned contrlbutlon plan# The amount recognised in income or eXndItUre a$ an exp¢ns• in relabon to defined conlrbbution plans was £1.92412024'. £2,129). 22
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Flnanclal Statements Year ended 31 March 2025 20. Analys1$ of charltable funds unrestrict funds At Income Expenditure 31 March 2025 1 AFfflI 2024 General funds Revaluation reserve 4.971,346 1.379,099 621,062 {319,2201 5.273,188 1,379,099 6.350.445 621.C62 1319.2201 6,652,287 At 1 April 2023 Al Inrne Expenditure 31 March 2024 General funds Revaluation reserve 4.815.056 1.379,099 571.128 1414.838) 4.971,346 1.379,099 8.194.155 571,128 1414,838) 6,350,44S Re8trlcted fund• At Income Expenditure 31 March 2025 1 April 2024 Invèslmenl Propety Indla Heritage ConseNalion Prolects 368.500 128.416 36B,S00 162,009 33.593 4,916 33.593 530,509 At 1 April 2023 At Income Expenditure 31 March 2024 Investment Propety IrKIi8 Heritage Conservation Projects 368,500 91.550 368,500 128,416 36.866 460.050 36,666 496,916 Indlan Hgrltsgg Congarvatlon Projects This is th• voluntary (Kar Sgwal restoration of spiritual shrines of the Slkh falth In Indla. Inv••tm•nt property This relates lo an investment proFety that ihe tharity owns 213 of and is unable lo sell for 10 years ftom the dalè of puithase unless agreed by the olhef owner. It is therefore considèred lo be restricted as the charty aro un81• to realise any value from it during this period. The dale of purchase was June 2021. 23
Guru Nanak Nishkam Sewak Jatha (London) UK Notes to the Financial Ststements {con(inuedJ Year ended 31 March 2025 21. Analysls of net assets between fvnds Unrestncted Funds Restricted Total Funds Funds 2025 Tangible fixed 8ssèl$ Investments CuThenl 85sels Creditor5 less than 1 year Net assets 916,564 3.735.000 2,061.684 160,961) 6,652.203 918,564 4,103,500 2,223,693 160,9611 7.182,796 368,500 162,009 530,509 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Investments Current assets Creditors less than 1 year Not assets 850,906 3,735,000 1,948.608 1184,0691 6,350,445 850,906 4,103,500 2,077,024 1184,0691 6,847,361 368,500 128,416 496,916 22. Analysls of ch•ngo8 In n•t d•bl At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash al bank and In hand 2,040.832 IS9,349 2,200,181 23. R•lat•d partles There were no related party transaction8 during thé financial y8ars ended 31 March 2025 or 31 Mafch 2024. Furthemiore, there were no balances outstanding at the year end in respect of related partses for either period. 24. Controlllng party The trustees consider that the charity is jcinlty controlled by the trustees and there18 no uMate controlling party. 24