##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|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|