2020-12-31-accounts - Ramgarhia Sikh Association, Hayes, Middlesex

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	Page	Page
Report ofthe Trustees	I	to	3
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements	7	to	1 l
Detailed Statement ofFinancial Activities	12	to	13

	FOR THE	YEAR ENDED 31DECE	MBER 2020
			31 1220	31.12 19
			Unrestricted	Total
			fund	funds
		Notes
INCOME AND ENDOWMENTS FROM Donations and legacies			190,233	370,709
lnvestmeni income Other income			71,678	77,070 13,925
Total			261,911	461,704
EXPENDITURE ON Raising funds				184,688
Other			164,761	(20,628)
Total			164,761	164,060
NET INCOME			97,150	297,644
RECONCILIATION	OF FUNDS
Total funds brought	forward		3,487,705	3,191,757
TOTAL FUNDS CARRIED FORWARD			3,584,855	3,489,401

	Balance Sheet 31DECEMBER 2020
		31.12.20	31.12 19
		Unrestncted	Total
		fund	funds
	Notes
FIXEDASSETS Tangible assets		4,059,059	3,688,584
CURRENT ASSETS Debtors Prepayments and accrued income Cash at bank and in hand		10,196 7,602 448,768	22,635 7,217 485,246
		466,566	515,098
CREDITORS Amounts falling due within one year		(535,619)	(67,055)
NET CURRENT ASSETS		(69,053 )	448,043
TOTAL ASSETSLESS CURRENT
LIABILITIES		3,990,006	4,136.627
CREDITORS
Amounts falling duc after more than one year	10	(405,151 )	(648,922)
NET ASSETS		3,584,855	3,487,705
FUNDS Unrestricted funds	13	3,584,855	3487,705
TOTAL FUNDS		3,584,855	3,487,705

Raising	donations	and	legacies	31.12.20	31.12.19
				8
Support	costs				184,688

The average monthly n	umber ofempl	oyees during the year was as follows:
			31.12.20	31.12.19
Staff			2	2
No employees received	emoluments	in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted
				fund
INCOME AND ENDOWMENTS Donations and legacies		FROM		370,709
Investment income				77,070
Other income				13,925
Total				461,704
EXPENDITURE ON
Raising funds				184,688
Other				(20,628 )
Total				164,060
NET INCOME				297.644
RECONCILIATION	OF FUNDS
Total funds brought	forward			3,191,757
TOTAL FUNDS CARRIED FORWARD				3 489401
		Page8		continued. . .

7.	TANGIBLE FIXED ASSETS	TANGIBLE FIXED ASSETS
			Freehold	Plant and
			property	machmery	Totals
					f.
	COST At 1 January 2020 Additions		3,663,727 376,486	79,488 271	3,743,215 376.757
	At 31 December 2020		4,040,213	79,759	4,119,972
	DEPRECIATION
	At 1 January 2020 Charge for year			54,631 6i,282	54,63( 6,282
	At 31 December 2020			60,913	60,913
	NET BOOK VALUE
	At 31 December 2020		4,040,213	18,846	4,059,059
	At 31 December 2019		3,663.727	24,857	3.688.584
8.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR		31.12.20	31.12.19
	Other debtors			10,196	22,635
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR			31.12.20	31.12.19
	Bank loans and overdrafts Trade creditors	(see note 11)		510,794	48.756 (1)
	Other creditors			24,825	18.300
				535,619	67,055
10.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN ONE	YEAR 31.12.20	31.12.19
	Bank loans (see note 11)			405,151	648,922
11.	LOANS
	An analysis ofthe maturity	ofloans is given below:
				31.12.20	31.12.19
				f
	Amounts falling due within one year on demand:
	Bank loans			510,794	48,756
	Amounts falling between	one	and two years:
	Bank loans - 1-2 years			136,461	48,756
	Amounts falling due between		two and five years:
	Bank loans - 2-5 years			268,690	146,269

1	LOANS-conti	nued
.						31.12.20	31.12.19
	Amounts falling due in more than		five years:
	Repayable by insialments: Bank loans more 5 yr by instal						453,897
12.	SECURED DEBTS
	The followmg	secured debts are included		within creditors:
						31.12.20	31.12.19
	Bank loans					915,945	697,678
	The bank loans are secured by a		charge on the freehold premises
13.	MOVEMENT	IN FUNDS
						Nct
						movement	At
					At 1.1.20	in funds	31.12.20
							f.
	Unrestricted	funds
	General fund				3,487,705	97,150	3,584,855
	TOTAL FUNDS				3,487,705	97.150	3,584,855
	Net movement	in funds, included in the		above are as follows:
					Incoming	Resources	Move ment
					resources	expended	in funds
	Unrestricted	funds
	General fund				261,911	(164,761 )	97,150
	TOTAL FUNDS				261,911	(164,761)	97,150
	Comparatives	for movement in funds
						Nct
						movement	At
					At 1.1.19	in funds	31.12.19
	Unrestricted	funds
	General fund				3,191,757	295,948	3,487,705
	TOTAL FUNDS				3,191,757	295,948	3,487.705

Detailed Statement ofFinancial Activities
FOR THE YEAR ENDED 31DECEMBER 2020

INCOME AND ENDOWMENTS	INCOME AND ENDOWMENTS
Donations and legacies Gifts Donations		(I) 190,234	358,272 12,075
Gift aid			360
Membership fees
		190,233	370,709
Investment income Rents received Deposit account interest		71,133 545	77,005 65
		71,678	77,070
Other income Sundry income			13,925
Total incoming resources		261,911	461,704
EXPENDITURE
Other Legal &professional Sundry	fees	162 1,276	(21,378)
		1,438	(21,378)
Support costs
Management Wages Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Waste disposal Laundry &cleaning Repairs &renewals Kitchen expenses Travelling Secunty expenses Hire ofMarquee Plant and machinery		36,191 22,072 8,872 23,037 2,415 1.096 1.870 540 482 7, 188 6,253 404 5,770 6.282	32,432 6,743 7.307 32,852 2,729 1,490 1,939 332 24,390 28,977 2,466 5.412 2,780 8,286
		122.472	158,135
Finance
Bank charges Carried forward		5.724 5,724	3,271 3.271

		RAMGARHIA SIKH ASSOCIATION HAYES
		Detailed Statement ofFinancial Activities
		FOR THE YEAR ENDED 31DECEMBER 2020	31.12.20	31.12.19
Finance Brought forward Loan Interest			5,724 19,489	3,271 21,990
			25,213	25,261
Human resources Pensions			1,438	1,792
Other Pest control Donations			2,400 11,000
			13,400
Governance Accountancy	costs and legal fees		800	750
Total resources	expended		164,761	164,060
Net income			97,150	297,644