2021-12-31-accounts - Ramgarhia Sikh Association, Hayes, Middlesex

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		Page	Page
Report ofthe Trustees		1	to	3
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		7	to	11
Detailed Statement of Financial Activities		12	to	13

	Balance Sheet 31DECEMBER 2021
		31.12.21	31.12.20
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS Tangible assets		4,081,848	4,059,059
CURRENT ASSETS Debtors Prepayments and accrued income Cash at bank and in hand		10,196 6,050 669.062	10,196 7,602 448,768
		gi85,308	466.56i6
CREDITORS Amounts falling due within one year		(510,734)	(535,619)
NET CURRENT ASSETS		174,574	(69,053 )
TOTAL ASSETSLESS CURRENT LIABILITIES		4,256,422	3,990.006
CREDITORS Amounts falling due after more than one year	9	(362,318)	(405,151 )
NET ASSETS		3,894,104	3,584,855
FUNDS Unrestricted funds	12	3,894,104	3,584,855
TOTAL FUNDS		3,894,104	3,584,855

STAFF COSTS	STAFF COSTS	STAFF COSTS
The average monthly number ofemployees			during the year was as follows:
				31.12.21	31.12.20
Staff				2	2
No employees received	emoluments	in excess of860,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestncted
					fund
					8
INCOME AND ENDOWMENTS Donations and legacies		FROM			190,233
lnvestmcnt income					71,678
Total					261,911
EXPENDITURE ON
Other					164,761
NET INCOME					97,150
RECONCILIATION	OF FUNDS
Total funds brought	forward				3,487,705
TOTAL FUNDS CARRIED FORWARD					3,584.855

6.	TANGIBLE FIXED ASSETS	TANGIBLE FIXED ASSETS	Freehold	Plant and
			property	machinery	Totals
					f.
	COST At 1 January 2021 Additions		4.040,2 13 27,500	79,759	4,119,972 27,500
	At 31 December 2021		4,067,713	79,759	4,147,472
	DEPRECIATION At 1 January 2021 Charge for year			60,913 4,711	60,913 4,711
	At 31 December 2021			65,624	65,6i24
	NET BOOK VALUE
	At 31 December 2021		4,067,713	14,135	4,081,848
	At 31 December 2020		4,040,213	18,846	4,059,059
7.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONK YEAR		31.12.21	31.12.20
	Other debtors			10,196	10,196
8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR			31.12.21	31.12.20
	Bank loans and overdrafts	(see note 10)		486,706	510,794
	Other creditors			24,028	24,825
				510,734	535.619
9.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE			YEAR 31.12.21	31.12.20
	Bank loans (see note 10)			362,318	405,151
10.	LOANS
	An analysis ofthe maturity	of loans is given below:
				31.12.21	31.12.20
	Amounts falling due within one year on demand: Bank loans			486,706	510,794
	Amounts falling between	one	and two years.
	Bank loans - 1-2years			108,712	136i,46i 1
	Amounts falling due between		two and five years:
	Bank loans - 2-5 years			253,606	268,690

The following	s	ecured debts are	inc	luded within creditors:
						31.12.21	31.12.20
							f
Bank loans						849,024	915,945
Thc bank loans		are secured by a charge on the freehold premises
MOVEMENT		IN FUNDS				Net
						movement	At
					At 1.1.21	in t'unds	31.12.21
						f
Unrestricted General fund	funds				3,584,855	309,249	3,894, 104
TOTAL FUNDS					3,584,855	309,249	3,894,104
Net movement		in funds, included		in the above are as follows:
					incoming	Resources	Movement
					resources	expended	in funds f
Unrestricted		funds
General fund					453,403	(144,154)	309,249
TOTAL FUNDS					453,403	(144,154)	309,249
Comparatives		for movement	in	funds
						Nct
						movement	At
					At 1.1.20	in funds	31.1220
						g
Unrestricted		funds
General fund					3,487,705	97,150	3,584.855
TOTAL FUNDS					3,487,705	97,150	3,584.855

Comparative	net movement in funds, included	in the above are as follows;
		Incoming	Resources	Movement
		resources	expended	in funds
			f
Unrestricted General fund	funds	261,911	(164,761 )	97.150
TOTALFUNDS		261,911	(164,761 )	97,150

A current	year	12 months and prior year 12	months combined position is as follows:
				Net
				movemcnt	At
			At 1.1.20	in funds	31.12.21
Unrestricted General fund		funds	3,487,705	406,399	3,894, 104
TOTAL	FUNDS		3,487,705	406,399	3,894, 104

		Detailed Statement ofFinancial Activities
		FOR THE YEAR ENDED 31DECEMBER 2021	31.17,21	31.12.20
INCOME AND ENDOWMENTS
Donations and legacies			1	(I)
Gifts			334,163	190.234
Donations Gift aid			20,011
			354,175	190,233
Investment income Rents received Deposit account interest			98,541 687	71,133 545
			99,228	71.678
Total incoming resources			453.403	261,911
EXPENDITURE
Other Legal & professional Sundry	fees		1,800	162 1,276
			1,800	1,438
Support costs
Management Wages Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Waste disposal Laundry &cleaning Repairs &renewals Kitchen expenses			28,498 17,955 7,429 22,314 2,267 1,570 1,289 77 24,574 2,242	36,191 22.072 8,872 23,037 7,415 1,096 1,870 540 482 7,188 6,253 404
Travelling Security expenses Plani and machinery			2,520 4,712	5,770 6,282
			115,447	122,472
Finance
Bank charges Loan Interest			2,790 21,946	5.724 19,489
			24,736	25,213

		RAMGARHIA SIKH ASSOCIATIO	N HAYES
		Detailed Statement ofFinancial	Activities
		FOR THE YEAR ENDED 31DECEMBER 2021		31.12.21	31.12.20
Finance
Human resources Pensions				1,371	1,438
Other Pest control					2,400 11,000
Donations
					13,400
Governance Accountancy	costs and legal fees			800	800
Total resources	expended			144,154	164,761
Net income				309,249	97,150