| Other Trustees |
|---|
| Kuldip Singh Sehmi |
| Dharam Singh Bhogal |
| Amrik Singh Bhambra |
| Baldev Singh Sahota |
| Ninnal Singh Bhachu |
| Balbir Singh Gahir |
| Sohsn Singh Mann |
| Charanjit Singh Rayit |
| Kewat Singh Dhiman |
| Pritpal Singh Sehmi |
| Manjinder Singh Devgon |
| Gurdial Singh Virdi |
| Jasvir Singh Matharu |
| Navneetpaul Singh Bhogal |
| Auditors |
| Chapmans Associates Ltd |
| T/A Chapmans |
| Statutory Auditors |
| 3 Coombe Road |
| London |
| NW10 OEB |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Charitable activities |
|||||
| Income from Activity | 4,639 | 25,234 | |||
| Direct charitable activity |
171,682 | 402,747 | |||
| Investment income |
133,890 | 91,804 | |||
| Total | 310,211 | 519,785 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Grant and donations | 2,218 | 10,027 | |||
| Direct Charitable expense |
23,015 | 119,743 | |||
| Expenditure for activities |
4,762 | 28,594 | |||
| Management and administration |
ofcharity | 165,494 | 351,981 | ||
| Total | 195,489 | 510,345 | |||
| NET INCOME | 114,722 | 9,440 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 3,975,000 | 3,965,560 | ||
| TOTAL FUNDS CARRIED | FORWARD | 4,089,722 | 3,975,000 |
| 2020 | 2019 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| Notes | fundf | fundsf | |
| FIXEDASSETS | |||
| Tangible assets | 11 | 2,055,831 | 2,060,355 |
| Investment properly |
12 | 1,519,220 | 1,519220 |
| 3,575,051 | 3,579,575 | ||
| CURRENT ASSETS | |||
| Debtors | 13 | 18,925 | 23,119 |
| Cash at bank and in hand | 499,946 | 385,222 | |
| 518,871 | 408,341 | ||
| CREDITORS | |||
| Amounts falling due within one year |
14 | (4,200) | (12,916) |
| NET CURRENT ASSETS | 514,671 | 395,425 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 4,089,722 | 3,975,000 | |
| NET ASSETS | 4089,722 | 3,975 000 | |
| FUNDS | 15 | ||
| Unrestricted funds |
4,089,722 | 3,975,000 | |
| TOTAL FUNDS | 4089,722 | 3975000 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | f | ||||
| Cash flows from operating | activities | ||||
| Cash generated trom operations |
1 | ~19,166) | ~87,081 | ||
| Net cash used in operating | activities | (19,166) | ~87081) | ||
| Cash flows from investing | activities | ||||
| Rental income | ~133890 | 96,487 | |||
| Net cash provided by investing |
activities | 133,890 | 96,487 | ||
| Change in cash and cash equivalents | in the | ||||
| reporting period |
114,724 | 9,406 | |||
| Cash and cash equivalents | at | the | |||
| beginning ofthe reporting |
period | 385,222 | 375,816 | ||
| Cash and cash equivalents | at | the end | of | ||
| the reporting period |
499,946 | 385,222 |
| ACTIVITIES | ||||
|---|---|---|---|---|
| 2020 | 2019 | |||
| f, | ||||
| Net income for the | reporting | period (asper the Statement ofFinancial | ||
| Activities) Adjustments for: |
114,722 | 9,440 | ||
| Depreciation charges Rental income Decrease/(increase) (Decrease)/increase |
in debtors in creditors |
4,524 (133,890) 4,194 ~8,716 |
6,032 (96,487) (8,585) 2,519 |
|
| Net cash used in operations | ~19,166) | ~87,081) |
| At 1/1/20 | Cash flow | At 31/12/20 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank and in hand | 385,222 | 114,724 | 499,946 |
| 385,222 | 114724 | ~499946 | |
| Total | 385,222 | 114,724 | 499,946 |
| INVESTMENT INCOME | |||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Rents received | 133,890 | 91,804 | |||
| INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2020 | 2019 | ||||
| Income | Direct | ||||
| from | charitable | Total | Total | ||
| Activity f |
activity | activities | activities | ||
| Langar Prashad | 33,301 | 33,301 | 64,067 | ||
| Golak | 42,847 | 42,847 | 107,937 | ||
| Store | 425 | 425 | 4,414 | ||
| Istri Sabha | 8,791 | 8,791 | 48,301 | ||
| Path | 47,054 | 47,054 | 92,335 | ||
| Membership | 860 | 860 | 320 | ||
| Gilt Aid Rebate | 36,327 | 36,327 | 66,953 | ||
| Other Donations | 675 | 675 | 13,271 | ||
| Lohri and punjabi | 1,256 | 1,256 | |||
| Annual Dinner |
4,480 | ||||
| Education | 940 | 940 | 9,673 | ||
| Vaisakhi | 7,686 | ||||
| Matrimonial | 710 | 710 | 1,835 | ||
| Variety Show | 1,560 | ||||
| New Building Projects | 5,149 | ||||
| Yoga | 146 | 146 | |||
| Sports club | 2,989 | 2,989 | |||
| 4,639 | 171,682 | 176,321 | 427,981 |
| Grant | ||||||||
|---|---|---|---|---|---|---|---|---|
| funding of | ||||||||
| activities | Support | |||||||
| Direct | (see note | costs (see | ||||||
| Costs | 6) | note 7) | Totals | |||||
| Grant and donations | 2,218 | 2,218 | ||||||
| Direct charitable expense | 23,015 | 23,015 | ||||||
| Expenditure | for activities | 4,762 | 4,762 | |||||
| Management | and administration | of | ||||||
| charity | 152,385 | 13,109 | 165,494 | |||||
| 180,162 | 2,218 | 13,109 | 195,489 | |||||
| 6. | GRANTS PAYABLE | |||||||
| 2020 | 2019 | |||||||
| Grant and donations | 2,218 | 10,027 | ||||||
| 7. | SUPPORT | COSTS | ||||||
| Governance | ||||||||
| Finance | costs | Totals | ||||||
| f | ||||||||
| Management | and administration | ofcharity | 1,142 | 11,967 | 13,109 | |||
| Support costs, included | in the | above, are as follows: | ||||||
| 2020 | 2019 | |||||||
| Bank charges | 1,142 | 2,023 | ||||||
| Auditors' remuneration |
2,400 | 2,400 | ||||||
| Legal and professional | fees | 9,567 | 3,240 | |||||
| 13,109 | 7,663 |
| 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Wages and salaries Social security costs Other pension costs |
46,730 3,043 |
84,372 4,547 1,945 |
|||||||
| 49,773 | 90,864 | ||||||||
| The average monthly | number ofemployees | during | the year was as follows: | ||||||
| 2020 | 2019 | ||||||||
| Support | 3 | 6 | |||||||
| No employees | received emoluments | in excess off60,000. | |||||||
| All the charity's | employees | were made redundant | during | the year. |
| COMPARATIVES FORTHE | ST | ATEMENT OFFINANCIAL AC | TIVITIES |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Charitable activities |
|||
| Income fmm Activity | 25,234 | ||
| Direct charitable activity |
402,747 | ||
| Investment income |
91,804 | ||
| Total | 519,785 | ||
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Grant and donations | 10,027 | ||
| Direct charitable expense |
119,743 | ||
| Expenditure for activities |
28,594 | ||
| Management and administration |
of | charity | 351,981 |
| Total | 510,345 |
| 10. | COMPARATIVES F | ORTHE STATEMENT OFFI | NANCIAL ACTIVITIE | S -contin | ued | |
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| fund | ||||||
| f, | ||||||
| NET INCOME | 9,440 | |||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 3,965,560 | |||||
| TOTAL FUNDS CARRIED FORWARD | 3,975,000 | |||||
| 11. | TANGIBLE FIXEDASSETS | |||||
| Fixtures | ||||||
| Freehold | Plant | and | and | |||
| property | machinery f |
fittings | ||||
| COST | ||||||
| At 1 January 2020 and |
31December 2020 | 2,034,775 | 5,376 | 210087 | ||
| DEPRECIATION | ||||||
| At 1 January 2020 |
5,376 | 198,948 | ||||
| Charge for year | 2,785 | |||||
| At 31December 2020 | 5,376 | 201,733 | ||||
| NET BOOKVALUE | ||||||
| At 31December 2020 | 2,034,775 | 8,354 | ||||
| At31 December2019 | 2034775 | — | 11239 | |||
| Kitchen | Paintings | Totals | ||||
| COST | ||||||
| At 1 January 2020 and |
31December 2020 | 145,104 | 7,485 | 2,402,827 | ||
| DEPRECIATION | ||||||
| At 1 January 2020 | 138,148 | 342,472 | ||||
| Charge for year | 1,739 | 4,524 | ||||
| At 31December 2020 | 139,887 | 346,996 | ||||
| NET BOOK VALUE | ||||||
| At 31December 2020 | 5,217 | 7,485 | 2,055,831 | |||
| At 31December 2019 | 6 956 | 7,485 | 2060.355 |
| DEBTORS: | AMOUNTS FALL | ING DUE WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| f. | |||||
| Prepayments | and accrued income | 18925 | 23,119 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 2020 f |
2019 | ||||
| Taxation and | social security | 2,235 | |||
| Other credttors | 4,200 | 10,681 | |||
| 4,200 | 12,916 | ||||
| MOVEMENT IN FUNDS | |||||
| Net | |||||
| movement | At | ||||
| At 1/I/20 | in funds | 31/12/20 | |||
| Unrestricted | funds | ||||
| General fund | 3,975,000 | 114,722 | 4,089,722 | ||
| TOTAL FUNDS | 3,975,000 | 114,722 | 4,089,722 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 310,211 | (195,489) | 114,722 | ||
| TOTAL FUNDS | 310,211 | ~195,489) | 114,722 |
| Comparatives | for movement in funds |
|||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1/1/19 | in funds | 31/12/19 f |
||
| Unrestricted | funds | |||
| General fund | 3,965,560 | 9,440 | 3,975,000 | |
| TOTAL FUNDS | 3 965560 | 9440 | 3,975,000 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 519,785 | (510,345) | 9,440 | |
| TOTAL FUNDS | 519,785 | ~510345) | ~9440 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/1/19 | in funds | 31/12/20 | ||
| f | ||||
| Unrestricted | funds | |||
| General fund | 3,965,560 | 124,162 | 4,089,722 | |
| TOTALFUNDS | 3,965,560 | 124,162 | 4,089,722 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources f |
expended | in funds f. |
||
| Unrestricted | funds | |||
| General fund | 829,996 | (705,834) | 124,162 | |
| TOTAL FUNDS | 829,996 | ~705,834) | 124,162 |
| 2020 | 2019 | |
|---|---|---|
| INCOME AND ENDOWMENTS | ||
| Investment income |
||
| Rents received | 133,890 | 91,804 |
| Charitable activities |
||
| Langar Prashad | 33,301 | 64,067 |
| Golak | 42,847 | 107,937 |
| Store | 425 | 4,414 |
| Istri Sabha | 8,791 | 48,301 |
| Path | 47,054 | 92,335 |
| Membership | 860 | 320 |
| Gift Aid Rebate | 36,327 | 66,953 |
| Other Donations | 675 | 13,271 |
| Lohri and punjabi | 1,256 | |
| Annual Dinner |
4,480 | |
| Education | 940 | 9,673 |
| Vaisakhi | 7,686 | |
| Matrimonial | 710 | 1,835 |
| Variety Show | 1,560 | |
| New Building Projects | 5,149 | |
| Yoga | 146 | |
| Sports club | 2,989 | |
| 176,321 | 427,981 | |
| Total incoming resources | 310,211 | 519,785 |
| EXPENDITURE | ||
| Charitable activities |
||
| Wages | 46,730 | 84,372 |
| Social security | 4,547 | |
| Pensions | 3,043 | 1,945 |
| Rates and water | 869 | 6,860 |
| Insurance | 7,097 | 8,426 |
| Light and heat | 18,500 | 25,917 |
| Telephone | 2,988 | 2,217 |
| Publicity | 573 | 5,057 |
| Flowers | 3,604 | |
| Stores | 7,140 | 29,847 |
| Sewadar | 810 | 4,470 |
| Istri Sabha | 21 | 896 |
| Path | 13,284 | 32,535 |
| Education | 3,760 | 12,783 |
| Vaisakhi | 8,686 | |
| Carried forward | 104,815 | 232,162 |
| 2020f | 2019 | ||
|---|---|---|---|
| Charitable activities |
|||
| Brought forward | 104,815 | 232,162 | |
| Sport and Tournament | 1,000 | ||
| Siropas | 5,990 | 29,547 | |
| Laundry and Cleaning |
8,791 | 8,550 | |
| Repairs and Maintenance | 5,781 | 9,941 | |
| Pest Control | 1,440 | 1,440 | |
| Parking Fees | 5,935 | 27,052 | |
| Travel | 573 | ||
| Annual Dinner |
4,500 | ||
| Office Expenses | 2,015 | 1,794 | |
| Property Costs | (259) | 9,674 | |
| Osterly expenses | 29,967 | 98,616 | |
| Facilities | 8,401 | 11,758 | |
| Variety Show | 1,002 | 1,000 | |
| New project | 1,760 | 48,391 | |
| Matrimonial | 625 | ||
| Plant and machinery | 1,739 | 2,319 | |
| Fixtures and fittings | 2,785 | 3,713 | |
| Subscriptions and Donations |
2,218 | 10,027 | |
| 182,380 | 502,682 | ||
| Support costs | |||
| Finance | |||
| Bank charges | 1,142 | 2,023 | |
| Governance costs |
|||
| Auditors' remuneration |
2,400 | 2,400 | |
| Legal and professional | fees | 9,567 | 3,240 |
| ~11967 | 5,640 | ||
| Total resources expended | 195,489 | 510,345 | |
| Net income | 114,722 | 9,440 |