| CONTENTS | PAGE | ||
|---|---|---|---|
| Charity Reference and Administrative | Details | ||
| Trustees' Annua I Report |
2to8 | ||
| Independent Auditor's |
report to the trustees | 9to 11 | |
| Statement of Financial | Activities | 12 | |
| Statement of Financial | Position | 13 | |
| Cash Flow Statement | 14 | ||
| Notes tothe Accounts | 15to 22 |
| CHARITY | CHARITY | REFERDKE AND ADMINGTRATIYE | REFERDKE AND ADMINGTRATIYE | REFERDKE AND ADMINGTRATIYE | REFERDKE AND ADMINGTRATIYE | REFERDKE AND ADMINGTRATIYE | DETARS | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| YEAR ENDED 31DECEblbER 2021 | |||||||||||||||
| Tt7~p sut ~dlt |
t thd p nwe tt Immd mt mutt d mmnmm PPlmtut mmtmP Pmmuw |
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| Mum | g | ||||||||||||||
| Mkkn | Mdul | ||||||||||||||
| Ue1 3AG | Inl | SAG | |||||||||||||
| The Tnnteee | |||||||||||||||
| The voted who nnug | tt | mmtr | d rbg | tt» p nd fdl |
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| thnlngT~ | 1 M 3 mmsngh Gbl, H IubgT~ 1M A GINMRD AH Idbur~ |
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| 1M Hl ~suehsdu 2M K mmsuuhgum 3M H ~suuhGSI |
1Hlmmat Slngh Sohi- resident 2 Kulwant 9ngh Bhlnder- Vkn Presklent |
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| eM Htp IsnghS Nu Sursoi ShehS 6M H Isnghct |
3 Harmeet Stngh 6 BI- General Secfetmy 4Jagdhh Raur Iag-hdm Genemi SmmmRI |
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| 7M G 3Sbgh M IN |
6 Jltpal 9ngh Sahota- Treaueer | ||||||||||||||
| 3M Guntun 5knlt Meed 3M p bltntsnghTlod 10M RMRK |
6Dr Davlnderpal 9ngh Keener- Joint Treasurer 7 Hefpfaet KRUT Rains. A55LTreastuer |
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| 11M Dkl nmhfmdl 12M 5 dd bmhP |
6Manjlt Slngh- Stage Secretary | ||||||||||||||
| 13M 5 HM Snghohm 13M Hmbnngh5~ 15D P md SbghG m 16M T fK |
6 Harjit 9ngh Ponahh- Stage Secretary 10 Bat p rest Kaur- Wage re &Saieguangng 11Gulgar Smgh Chatrath- Estates Management |
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| 170 mdduml slngh K ls he p sbgh Dl 13M 5 khg Shehhdb |
12 Dr Parvlndar 9ngh &arche- Educadon, 13Blbl Tej Kaw- Mnd Gad Chairwomen |
Health & | Wegbelng | ||||||||||||
| 20 M 5 khnm Sngh GIS 21M Ifwm 9mb |
14Sukhdev 9ngh Aujkh Havelock Road Incharge 16 Sukhdeep 9ngh Ggl- Committee Member |
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| 16prltam 9ngh sabots- sperm secmnuy | |||||||||||||||
| RSAMumm | 27 Karanveer 9ngh ibd- TT&Sodai badge | ||||||||||||||
| Aeeufum. ueIusbmd | Ndlt | 16 Bhajan Slngh 9dana- Sodal &Cultuml | Secretary | ||||||||||||
| nm Fk 50M~INM Mkkfl |
19Jarnag smgh- Dperauoru In Charge 20 Marnukhblr Slngh Johal- legal Advhmr tothe Presklent 21 Harbans 9ngh Kalsi- Estates~ |
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| US2 eAU |
| 2021 | 2020 | ||
|---|---|---|---|
| 6 | E | ||
| Inmme | |||
| Donations received at Gurdwaras |
3,040455 | 1,860,685 | |
| Pingalwara | 58,025 | 0 | |
| Income received at Gurdwaras | and related actlvtties | 3,098~ | 1,860,685 |
| Total Resources spent | (2437,015) | (1,814,149) | |
| Income Resources | 561565 | 46,536 | |
| Other income | 223,737 | 267,143 | |
| Claim under Gift-Aid-scheme | 242,146 | 237,189 | |
| Net Incoming Resources | 1,027,448 | 550,868 |
| YEAR ENDED 31DECE | MBER2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Tote)Funds | Total Funds | ||
| Funds | Fluids | 2021 | 2020 | ||
| Note | E | ||||
| INCOME AND ENDOWMENTS | |||||
| Incoming resources from generating | |||||
| funds: | |||||
| Donations and Legacies |
3~52mt | 3~5r302 | 2,168,401 | ||
| Grant Income | 140,637 | 140,637 | 196,616 | ||
| Charitable activities |
58,025 | 58,025 | |||
| TOTAL INCOME | 3~,438 | 58,025 | 3464,463 | 2,365,017 | |
| EXPENDITURE | |||||
| Chart)able activites | (2,493~) | (35,000) | (LS28~) | (1,$H,624) | |
| Governance costs |
(8,435) | (8,435) | (10526) | ||
| TOTAL EXPENDITURE | (24022ILS) | (35,000) | (2537,015) | (12)24,149) | |
| NET INCOME | 1,004,423 | 23,025 | 1,027,448 | SSGP68 | |
| OTHER RECOGNISED GAINS/(LOSSES) | |||||
| NET MOVEMENTS IN FUNDS | 1,004,423 | 1,027,448 | |||
| RECONQUATION OF FUNDS |
|||||
| Total funds brought forward | 30,699960 | 11,742~ | 42,441,617 | 41,890,749 | |
| TOTAL FUNDS CARRIED FORWARD | 31703 783 | 11,765,282 | 43rt69,065 | 42,441,617 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Note | E | E | ||
| FIXEDASSETS | ||||
| Tangible fixed assets | 10 | 43,327362 | 43,706,158 | |
| CURRENT ASSETS | ||||
| Debtors | 23,860 | 59,251 | ||
| Cash at bank and in hand | 303,491 | 526,390 | ||
| 327,351 | 585,640 | |||
| CREDITORS:Amounts | falling due within | |||
| one year | 12 | |||
| Bank Loan | (151,789) | |||
| Creditors and Accrual | (185,649) | (154,279) | ||
| (185,649) | (306,068) | |||
| NET CURRENT (UABILITIES)/ASSETS | 141,702 | 279,572 | ||
| TOTAL ASSETS LESSCURRENT LIABIUTIES | 43,469,065 | 43,985,730 | ||
| CREDITORS: Amounts | falling due after | 13 | ||
| more than one year | (1,544,113) | |||
| NET ASSETS | 43,469,065 | 42,441,617 | ||
| FUNDS OF THE CHARITY | ||||
| Restricted funds | 16 | 11,765,282 | 11,742,257 | |
| Unresrticted funds |
16 | 31,703,783 | 30,699,360 | |
| TOTAL CHARITY FUNDS | 43,469,065 | 42,441,617 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | 6 | ||||
| Cashflows from operating | activities | 1,027,448 | |||
| Net inconw | |||||
| Adjustment for: |
|||||
| Depreciation oftangible |
fixed assets | 449MS | 79,766 | ||
| Interest payable | 28439 | 56,923 | |||
| Chellges lit: | |||||
| 1rade and other debtors | 35391 | 116950 | |||
| Trade and other Creditors | 31,370 | 33,856 | |||
| Cash generated from operations |
2471,942 | 837,762 | |||
| Net cash foul operating | ect'wines | 1~1rm2 | 837,762 | ||
| Cashflow from Investing | activities | ||||
| Purchase oftangible assets | (70,600) | (66,705) | |||
| Disposal ofTangible Assets | |||||
| Net cash «sed in imrestlng | actMtles | (70,600) | (66,705) | ||
| Cashflow from Finandng | Activities | ||||
| Proceeds from Bank Loan | |||||
| Repayments during the year |
(1,695,902) | (617,121) | |||
| Interest for the year | (28,339) | (56,923) | |||
| Net cash from Financing | Activities | (1,724441) | (674,044) | ||
| Net cash in and cash equivalents | (2227199) | 97,013 | |||
| Cash and cash equivalents | at beginning | of period | 526~ | 429,378 | |
| Cash and cash equivalents | at end of period | 303/91 | 526,390 |
| Charitable | Governance | Total | Total | |||
|---|---|---|---|---|---|---|
| Activity | 2021 | 2020 | ||||
| Direct Costs | 6 | 6 | ||||
| Purchase for Langar | ||||||
| Donations Out | ||||||
| light, Heat and Power | 195,126 | 195,126 | 104,454 | |||
| Religious Cost Audit Fees |
251,430 | 7~ | 251,430 7400 |
160370 7,200 |
||
| Legal Fees | 1~5 | 1~5 | 3,326 | |||
| Professional fees | ||||||
| 873,057 | ||||||
| Support Costs | ||||||
| Staff HIC (Employer) | 40,697 | 40,697 | 35,939 | |||
| Pension Regulators |
10,928 | 10428 | 9,674 | |||
| Wages | 558,331 | 558,331 | 566,755 | |||
| Staff Training | 214 | 214 | 6963 | |||
| Casual Wages Water Rates Coundl Tax |
66~ 14,355 |
14+55 | 15,428 79,043 11~ |
|||
| Insurance | 60,926 | 60,926 | ||||
| Repairs and Maintenance | 135435 | 135~ | 150,770 | |||
| Telephone and Office |
3,762 | 3,762 | 727 | |||
| Postage, Printing | and Stationary | 8375 | 8475 | 9,850 | ||
| Social and Recreabonal | 158,073 | 158,073 | 21,766 | |||
| Nagar Klrtan Expense | 11,707 | |||||
| Donation Out |
30,000 | 30,000 | ||||
| Sundry Expense |
177 | 177 | 219 | |||
| aeaning Costs |
26,571 | 26471 | 55,061 | |||
| Motor Expense | 559 | 559 | 1,681 | |||
| Advertising Costs |
5,983 | 5983 | 12,819 | |||
| BankCharges and |
Interest | 58,294 | 58,294 | 62,609 | ||
| Education (KPS) |
300 | 300 | 11570 | |||
| Depredation | 449WS | 449995 | 79,766 | |||
| 1,62!L958 | 1,628,958 | 1,194,105 | ||||
| Restricted Funds |
Expenditure | |||||
| Transfer ofPmgalwara | Donations | 35,000 | ||||
| 35,000 | ||||||
| Total Expenditure | 8,435 | 2,537,015 | tit14,149 |
| Ne | t incomi | ng resourc |
es are stated after charging: | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6 | E | ||||
| Depreciation | 449395 | 79,766 | |||
| Auditors' | Remuneration: | ||||
| audit for the financial statements | 7,200 | 7,200 | |||
| An | amount | ofE7,200 | (f6000+VAT) is payable to RSAAssociates (2020-E7,200) |
| STAFF COSTS AND EMOLUMENTS | ||
|---|---|---|
| Total staff costs were asfollows: | 2021 | 2020 |
| 6 | E | |
| Wages and salaries | 558@31 | 566,755 |
| Social Security Costs | 40,697 | 35,939 |
| Pension | 10,928 | 9,674 |
| 612,368 |
| 2020 | |||
|---|---|---|---|
| Charitable | ActMties | 27 | 28 |
| Administration | 5 | 5 | |
| 32 | 33 |
| Freehold | Plant & | Fixtures & | Motor | Total | |
|---|---|---|---|---|---|
| Pl'ape icy | Machinery | Equipment | Vehides | ||
| f | f | f | f | ||
| COST | |||||
| At 01January 2021 | 43,601,378 | 466,680 | 339,027 | 44,491,618 | |
| Additions | 10,560 | 7,690.00 | 52,350 | 70,600 | |
| Disposal | 438571 | -145781 | -668JBIS | ||
| At 31December 2021 | 43,611,938 | 35,799 | 245+96 | 0 | 43JI93,333 |
| DEPREQAllON | |||||
| At 01January 2021 | 451525 | 249,403 | 84,533 | 785,462 | |
| Charge for the year | 379,047.00 | 8,949 | 61,399 | 449395 | |
| Disposal | 438472 | -145,781 | 44433 | -668,885 | |
| At 31December 2021 | 379,047.00 | 21,903 | 165,021 | 565,971 | |
| NET BOOKVALUE | |||||
| At 31December 2021 | 43332 1 |
80 75 | 43327 362 | ||
| At 01January 2021 | 43,601,378 | 15,156 | 89,624 | 43,706,158 |
| YEAR ENDED 31DECE | MBER 2021 | |||||
|---|---|---|---|---|---|---|
| 16 | NET ASSET BYFUND | |||||
| Unrestricted | Restrkted | Total Funds | TotalFunds | |||
| Funds | Funds | 2021 | 2020 | |||
| 6 | E | E | E | |||
| Tangible Assets | 31462,080 | 11,765482 | 43,327,362 | 43,706,158 | ||
| Current Assets | 327351 | 327,351 | 585,640 | |||
| Creditors: Amounts | falling due | |||||
| within one year | (185,649) | (185,649) | (306,068) | |||
| Creditors: Amounts | falling due | |||||
| after moe than one | year | (1,544,113) | ||||
| 31,703,782 | 11,765,282 | 43,469,065 | 42,441,617 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| Income Fund | Income Fund | ||
| 2021 | 2020 | ||
| E | E | ||
| Incoming Resources |
|||
| Incoming resources from generated | funds | ||
| Voluntary income |
3,506,439 | 2,365,017 | |
| Total Incoming Resources | 3,506,439 | 2,365,017 | |
| Resources Expended | |||
| Charitable activities |
2,493~ | 1,803,624 | |
| Governance Costs |
8,435 | 10,526 | |
| Total Resources Expended | 2502,015 | 1,814,149 | |
| Net movement in funds |
1,004,424 | 550,869 | |
| Recondliation offunds: |
|||
| Total funds bought forward | 30,699960 | 30,148,492 | |
| Total funds carried forward | 31,703,783 | 30,699,360 |
| Pingalwara | Pingalwara | ||||
|---|---|---|---|---|---|
| Golak | Golak | ||||
| 2021 | 2020 | ||||
| Incoming Resources | |||||
| Incoming resources from generated | funds | 58,025 | |||
| Voluntary income |
|||||
| Total Incoming Resources | 58,025 | ||||
| Resources Expended | |||||
| Charitable a tivities |
(35,000) | ||||
| Net movement in funds |
23,025 | ||||
| Reconciliation offunds: |
|||||
| Total funds bought forward | 8,692 | 8,692 | |||
| Total funds carried forward | 31,717 | 8,692 | |||
| 19 | STATEMENT OF FINANQALACTNITIES | BYFUND | |||
| School | School | ||||
| Development | Development | ||||
| Cost | Cost | ||||
| 2021 | 2020 | ||||
| E | E | ||||
| Net movement in funds |
|||||
| Reconciliation offunds: |
|||||
| Tots Ifunds bought forward | 11,733,565 | 11,733,565 | |||
| Total funds carried forward | 11,733465 | 11,733,565 |