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|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)||
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||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|
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||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|
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|||||||||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|
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|||||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|
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||||||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||
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|||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|
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|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|
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|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|
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