2021-12-31-accounts

Reference and Admi	Reference and Admi	nistrative I	nformation
Charity Name			Ramgarhia Sabha, Southall
Charity Registration		Number	279814
Worship Registration		Number	72697
Marriage Reference		Number	37841
Principal address			49-57 Oswald Road, Southall,		Middlesex		UB1 1HN
Statutory	Auditors		Business Ledger Limited, Chartered Certified Accountants
			3Waterside Drive, Langley	Berkshire SL3			6EZ
Trustees			Shaminder Singh Marway	(Chair)
			Santokh Singh Ubhi
			Pargat Singh Mudhar (passed away			12'" February 2021)
			Kewal Singh Sahota
			Tejpal Singh Rayit
			Surinder Singh Sahans (appointed			4'"April	2021)
President			Bakhshish Singh Panesar
Vice President			Joga Singh Jutley
General Secretary			Manjinder Singh Devgon
Assist Secretary			Jasvir Singh Matharu
Treasurer			Kuldip Singh Sehmi
Assist Treasurer			Kewal Singh Dhiman
Librarian			Atma Singh Sohal
Other Trustees			Dharam Singh Bhogal
			Amrik Singh Bhambra
			Baldev Singh Sahota
			Nirmal Singh Bhachu
			Balbir Singh Gahir
			Sohan Singh Mann
			Pritpal Singh Sehmi
			Gurdial Singh Virdi
			Navneetpaul Singh Bhogal
			Charanjit Singh Rayit (passed away			26'" August 2021)

	Note			Unrestricted	Total
		General	Sports	Funds	Funds
		Fund	Centre	2021	2020
		f	f	f	f
INCOME and ENDOWMENTS
Donations and legacies		299,528		299,528	173,332
Investment income		98,506		98,506	133,890
Sports Centre			53,764	53,764	2,989
TOTAL INCOME		398,034	53,764	451,798	310,211
EXPENDITURE
Charitable activities		133,275		133,275	143,338
Raising funds		200		200	573
Sports Centre			10,190	10,190	31,727
Other		16,919		16,919	19,851
TOTAL EXPENDITURE		150,394	10,190	160,584	195,489
Net Gains on Investments	9	3,000,000		3,000,000
NET INCOME/(EXPENDITURE)		3,247,640	43,574	3,291,214	114,722
TRANSFERS BETWEEN FUNDS		(50,000)	50,000
NET MOVEMENT IN FUNDS		3,197,640	93,574	3,291,214	114,722
RECONCILIATION OF FUNDS
Total funds brought forward		4,089,722		4,089,722	3,975,000
Transfers		(1,702,018)	1,702,018
Total Funds carried forward		5,585,344	1,795,592	7,380,936	4,089,722

	Note			Unrestricted	Total
		General	Sports	Funds	Funds
		Fund	Centre	2021	2020
		E	f	E
FIXEDASSETS
Tangible assets	11	1,489,673	1,734,721	3,224,395	2,055,831
Investments	12	3,462,794		3,462,794	1,519,220
Totalfixed assets		4,952,467	1,734,721	6,687,189	3,575,051
CURRENT ASSETS
Debtors and prepayments		45,950		45,950	18,925
Cash at bank and in	hand	639,327	60,871	700,197	499,946
Total current assets		685,277	60,871	746,147	518,871
LIABILITIES
Creditors: Amounts	falling due within
one year		(52,400)		(52,400)	(4,200)
NET CURRENT ASSETS		632,877	60,871	693,747	514,671
TOTAL ASSETS LESSCURRENT LIABILITIES		5,585,344	1,795,592	7,380,936	4,089,722
Creditors: Amounts	falling due after
more than one year
TOTAL NET ASSETS		5,585,344	1,795,592	7,380,936	4,089,722
FUNDS
Unrestricted funds	15	5,585,344	1,795,592	7,380,936	4,089,722
TOTAL FUNDS		5,585,344	1,795,592	7,380,936	4,089,722

								2021	2020
								E	E
RECONCILIATION OF NET		EXPENDITURE TO
NET CASH FLOW FROM OPERATING ACTIVITIES
Net Income								3,291,214	114,722
Adjustments for
Depreciation charges								3,393	4,524
Revaluation ofInvestment		properties						(3,000,000)
Rents from investments								(98,506)	(133,890)
(Increase)in Debtors								(27,025)	4,194
Increase/(Decrease)	in Creditors							(1,801)	(8,716)
Net cash provided by operating			activities					167,275	(19,166)
Cash flows from investing		activities
Interest and rents from investments								98,506	133,890
Purchase ofTangible	fixed assets							(115,530)
								(17,024)	133,890
Cash flows from financing		activities
New loans								50,000
								50,000
Change in cash and cash equivalents				in
the reporting period								200,251	114,724
Cash and cash equivalents		at the	beginning		of
the reporting period								499,946	385,222
Cash and cash equivalents		at the end of
the reporting period								700,197	499,946
Analysis ofcash and	cash	equivalents
Cash in hand and at	bank							700,197	499,946
Analysis ofchanges	in net debt
						At start of	Cash-flows	Other non-	At end of
						year		Cash changes	year
						f	E	E	E
Cash						499,946	200,251		700,197
TOTAL						499,946	200,251		700,197

				2021	2020
				E	E
2	DONATIONS	AND LEGACIES
	Donations			203,149	131,060
	Gift Aid			40,559	36,327
	Donations for food			8,878	3,727
	Grants			46,942	2,218
				299,528	173,332
3	INVESTMENT INCOME
	investment	property	rental income	98,506	133,890
				98,506	133,890

					2021	2020
					f	f
4	SPORT CENTRE	INCOME
	Sports hall				29,954	2,989
	Grants				23,810
					53,764	2,989
5	CHARITABLE ACTIVITIES
	Worship costs				40,521	69,878
	Food				8,848	7,140
	Vaisakhi &other	celebrations			6,043
	Variety show					1,002
	Property maintenance		and running	costs	73,605	56,555
	Punjabi school				633	3,760
	Charity running	costs			3,625	5,003
					133,275	143,338
6	RAISING FUNDS
	Advertising etc.				200	573
7	SPORT CENTRE	COSTS
	Property costs				10,190	29,967
	Other costs					1,760
					10,190	31,727
8	OTHER COSTS
	Subcriptions					2,218
	Legal and professional		costs		9,649	9,567
	Auditors remuneration				2,400	2,400
	Depreciation -General		Fund		3,393	4,524
	Bank charges				1,477	1,142
					16,919	19,851
9	NET GAINS ON INVESTMENTS
	Gain on revaluation				3,000,000
					3,000,000

		2021	2020
		f	f
10	STAFF COSTS
	Freelance (worship costs)	30,028	13,284
	Wages and salaries	4,800	46,730
	Pension costs		3,043
		34,828	63,057

TANGIBLE FIXEDASSETS
	Land &	buildings
	Gurdwara	Sports Centre
	buildings		Other	Total
	f	f	f	f
COST OR VALUATION
At 1January 2021	2,034,775		368,052	2,402,827
Additions		115,530		115,530
Transfers	(562,765)	1,619,191		1,056,426
At 31December 2021	1,472,010	1,734,721	368,052	3,574,783
DEPRECIATION AND IMPAIRMENTS
At 1January 2021			346,996	346,996
Depreciation			3,393	3,393
At 31December 2021			350,389	350,389
NET BOOK VALUE
At 31December 2021	1,472,010	1,734,721	17,663	3,224,395
At 31December 2020	2,034,775		21,056	2,055,831
	Plant &	Fixture and	Paintings
Other	equipment	fittings		Total
COST OR VALUATION
At 1January 2021	150,480	210,087	7485	368,052
At 31December 2021	150,480	210,087	7,485	368,052
DEPRECIATION AND IMPAIRMENTS
At 1January 2021	145,263	201,733		346,996
Depreciation	2,089	1,304		3,393
At 31December 2021	147,352	203,037		350,389
NET BOOK VALUE
At 31December 2021	3,128	7,050	7,485	17,663
At 31December 2020	5,217	8,354	7,485	21p056

	Notes tothe Financial Stateme forthe year ended 31December	Notes tothe Financial Stateme forthe year ended 31December	nts 2021
12	INVESTMENT PROPERTY
	VALUATION
	At 1January	2021	1,519,220
	Revaluation	during the year	3,000,000
	Transfers		(1,056,426)
	At 31December 2021		3,462,794

						2021	2020
						f	f
13	DEBTORS
	Prepayments	and accrued income				45,950	18,925
14	CREDITORS:	AMOUNTS	FALLING DUE WITHIN ONE YEAR
	Bank loans					50,000
	Other creditors					2,400	4,200
						52,400	4,200
15	SUMMARY OF FUND MOVEMENT
				General	Sports	Unrestricted	Total
				Fund	Centre	Funds	Funds
				f	f	f	f
	At 1January	2021		4,089,722		4,089,722	4,089,722
	Transfer (brought forward)			(1,702,018)	1,702,018
	Income			398,034	53,764	451,798	451,798
	Expenditure			(150,394)	(10,190)	(160,584)	(160,584)
	Fund transfer	in year		(50,000)	50,000
	Net Gains on	Investments		3,000,000		3,000,000	3,000,000
	At31December 2021			5,585,344	1,795,592	7,380,936	7,380,936

SUMMARY OF ASSETS BYFUND
	General	Sports	Unrestricted	Total
	Fund	Centre	Funds	Funds
	f	f	f	f
Tangible fixed assets	1,489,673	1,734,721	3,224,395	3,224,395
Investment Property	3,462,794		3,462,794	3,462,794
Current Assets	685,277	60,871	746,147	746,147
Liabilities
Amounts falling due in one year At 31December 2021	(52,400) 5,585,344	1,795,592	(52,400) 7,380,936	(52,400) 7,380,936