| CONTENTS | PAGE | ||
|---|---|---|---|
| Chanty Reference and Admmistrative | Details | ||
| Trustees' Annual Report |
2 to 8 | ||
| Independent Auditor's |
report to | the trustees | 9to 11 |
| Statement of Finanoal | Actiwties | 12 | |
| Statement of Finanoal |
position | 13 | |
| Cash Flow Statement | 14 | ||
| Notes to the Accounts | 15to 22 |
| 2020 | 2019 | ||
|---|---|---|---|
| 4 | 6 | ||
| Income | |||
| Donations received at Gurdwaras |
1,$60,6$5 | 3,042A23 | |
| Pingalwara | 0 | 52300 | |
| Income received at Gurdwaras | and related acdvilles | 1,$60,685 | 3,0932ilg |
| Total Resources spent | (1,814,149) | (2,NN,964) | |
| Income Resources | 46,536 | 488,$49 | |
| Otherincome | 267,143 | 134,131 | |
| Claim under Gift-Aid. scheme | 237,189 | 255+34 | |
| Net Incoming Resources | 550,$6$ | 778,614 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Note | E | E | ||||
| FIXEDAS5ET5 Tangible fixed assets |
10 | 43,706,158 | 43,719,219 | |||
| CURRENT ASSETS | 59,251 | 175,601 | ||||
| Debtors Cash at bank and in hand |
526,390 | 430,657 606,257 |
||||
| CREDITORS: Amounts | faglng | due within one | ||||
| 12 | ||||||
| year | (1,279) | |||||
| Bank Overdraft Bank Loan Creditors and A«crual |
(151,789) (154,279) (306,068) |
(139,257) (120,4231 (260,960) |
||||
| NET CURRENT (LIABILITIES)/ASSETS | 279,572 | 345,297 | ||||
| TOTAL ASSETS LESSCURRENT UABILITIES | 43,985,730 | 44,064,515 | ||||
| CREDITORS: Amounts thanoneyear |
faBlng | due after more | (1,544,113) | (2,173,765) | ||
| NET ASSETS | 42~1,617 | 41,890,749 | ||||
| FUNDS OF THE CHARITY Restncted funds Unresrticted funds |
16 16 |
11,742,257 30,699,360 |
11,742,257 30,148,492 |
|||
| TOTAL CHARITY FUNDS | 42~2,617 | 41,890,749 | ||||
| 24th october | 2021 | |||||
| Approved by Board on |
...... | ......and signed | on its behalf by: |
| SRIGURU SINGH SABHA SOUTHALL | SRIGURU SINGH SABHA SOUTHALL | |||
|---|---|---|---|---|
| CASH flOW STATEMENT | FOR TEAR ENDED | |||
| 31December | 1020 | |||
| 2020 | 2019 | |||
| 1 | f | |||
| CasMhnm from aperodng | acdvhics | 778614 | ||
| Net ncome | ||||
| Adluslment for. |
||||
| Oepmcrtt o of tempura fmd msets |
79,766 | 65A45 | ||
| I trrest parable | 56823 | 72,818 | ||
| Changes M | ||||
| I ad a d othe debtms |
336ASO | (106,857) | ||
| Trade d othe Cled tres |
33A56 | 25.211 | ||
| Cash generated from opemdons |
~37,761 | 835131 ~ | ||
| Net cash frost op\mrmg actMtrt5 |
~37,762 | 835.231 | ||
| 54588uw from Invesdng actlvid« | ||||
| Pu cisareol lang ble 555ets | (66,705) | (141,757) | ||
| 0sposal of Tang ble Amet| | ||||
| Net mah mml In Ime5dng | act Mt la | (141,757) | ||
| Cashdow from Flnandng | Acthltles | |||
| P oceeds from 8a 1loan | ||||
| Aeco'rtr ants dun g Ihs' mar Interest hu the rear Net casts frorrr Frrrerrcrrd Acdnde5 part |
(617.121) ~56.923 674.0451 |
(135.000) 172.818) ~207A |
||
| Net cash in mrd cash mluhalenls | 97,033 | 485,656 | ||
| cash aM cash eoulvalenls | a!bcginnlng afperiod | 429,378 | (56,278) | |
| Cash am( ca5lt egulmlanw | at end ofper(ad | 526,390 | 429.376 | |
| ofthese |
| Charitable | Goaenmhce | Total | Total | ||
|---|---|---|---|---|---|
| AUltdty | 2020 | 2019 | |||
| Direct Costs | E | 6 | E | ||
| Purchase for langar | 561.I82 | ||||
| Donat ons 0 t L ght, Heat and Power Rel g oui Cost Audit Fees Legalfees |
104,434 160,170 |
TA00 3+26 |
104.4S4 INA70 TA00 3,326 |
182.693 197,112 7,200 84,916 |
|
| P ofemionalfees | |||||
| SN,519 | ID,S16 | 610,044 | 1,033,403 | ||
| Support Costs | |||||
| 5taff NIC (Employer) Pens on Regulators wages Staff Train ng Casual Wages Rates |
35,939 9,674 566,735 15,428 79,043 |
35,939 9,674 566,755 ANS IS,428 79,045 |
34,162 I1400 568,005 979 18,647 92,945 |
||
| Couhcil Tex | 11,5N | II,SN | 19.895 | ||
| Insurance | 50,2N | NAN | 48,941 | ||
| Repaim a d Mnntenance | 150,770 | 205.025 | |||
| Telephorea dONce postage, Printing and Stauonary Sooal and Recreational |
717 9,S50 11,766 |
92ISO 21,766 |
21,712 33.860 |
||
| Nagar Kirtan Expense Smagam Costs SundhrE penta Qeaning Costs Motor Expense |
11,707 119 SS,061 1,681 |
IC707 119 S5,061 1,601 |
88,805 46,309 4,810 43,796 1.591 |
||
| Ad Lrtisihg Costs | N,819 | IA819 | 20,195 | ||
| Sank Charges and Interest | 62,6N | 62,6N | 92,528 | ||
| Education (KPI) |
11,570 | IA570 | 53,047 | ||
| Depreoation | 79,766 | 79,766 | 65,445 | ||
| 1,194,10S | I,IS4,105 | 1.481,580 | |||
| Restrlmed Funds Expenditure |
|||||
| Tra sfer of Pingalwara | Donations | ||||
| TotalExpendNure | I,N3,614 | 10,526 | 1,814,IN | E,EN+63 |
| Freehold | Plant IL | Pictures 8 | Motor | Total | |
|---|---|---|---|---|---|
| Property | Machinery | Enulpment | Vehldes | ||
| 9 | 4 | 4 | |||
| COST | |||||
| At 01 January 2019 | 43,591,95$ | 446,279 | 502,144 | 84,533 | 44,424,914 |
| Additions | 9,420 | 20,40N14 | 36,693 | 66,705 | |
| Disposal | 0 | ||||
| At 31December 2020 | 43,601,37$ | 466,680 | 339027 | 84533 | 44,491,619 |
| DEPREQATION | |||||
| At 01lanuary 20I9 | 420,070 | 201,092 | 84,533 | 705,696 | |
| Charge for the year | 31A55 | 46332 | 79,766 | ||
| At 31December 2020 | 451525 | 249 3 |
84533 | 7857ML | |
| NET BOOK VALUE | |||||
| At 31December 2020 | 4360137$ | 15156 | $9624 | 0 | 43706158 |
| At 01January 2019 | 43,591,958 | 26,209 | 101,052 | 0 | 43,719,219 |
| NET ASS | ETBy FUND | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Totalgunds | Tote(Funds | |||
| Funds | Funds | 2020 | 2019 | |||
| 6 | 6 | 8 | 1 | |||
| Tangible | Assets | 31,963,901 | 11,742,257 | 43,706,15$ | 43,719,219 | |
| Current | Assets | 5$5,640 | 585,640 | 606,257 | ||
| Creditors | Amounts | faRing due | ||||
| mthin one year |
(306,06$) | (306,068) | (260,960) | |||
| Creditors | Amounts | falhng due | ||||
| after moe than one | year | 1,544,113) | (1,544,113) | (2,173,765) | ||
| 30,699,360 | 11,742,257 | 42,441,617 | 41,890.749 |