| CONTENTS | PAGE | PAGE | |||||
|---|---|---|---|---|---|---|---|
| Executive | Committee | and | Trustees | annual | report | 1 | — 2 |
| Auditor's | report | 3 | — 5 | ||||
| Statement | of financial | activites | |||||
| Balance sheet | |||||||
| Notes to | the financial | statements | 8 | — 14 | |||
| Cash Flow |
15 | -16 |
| NOTES | |||||
|---|---|---|---|---|---|
| TOTAL | TOTAL | ||||
| RESTRICTED | UNRESTRITED | ||||
| FUNDS | 2022 | 2021 | |||
| INCOME AND EXPENDITURE |
|||||
| INCOMING RESOURCES |
|||||
| Golak and donations Gift Aid refund Investment income Grant West Thames College Insurance claim Rental income Covid relief Furlough wages grant |
764,715 118,594 15 2,010 15,275 48,896 21,000 14,507 |
764,715 118,594 15 2,010 15,275 48,896 21,000 14,507 |
225, 553 41,007 397 9,604 55,870 |
||
| TOTAL INCOMING RESOURCES |
985,012 | 985, | 012 | 365,486 | |
| RESOURCES EXPENDED |
|||||
| Direct expenditure 3 Fundraising and publicity 3 Management and administration of the charity 3 |
453,031 8,207 173,511 |
453,031 8,207 173,511 |
308,255 5,774 145,930 |
||
| TOTAL RESOURCES EXPENDED |
634,749 | 634, | 749 | 459,959 | |
| NET INCOMING (OUTGOING) RESOURCES FOR THE YEAR |
350,263 | 350, | 263 | (94,473) | |
| Balance brought forward 1 April 2021 |
at | 6,044, | 901 6,139,376 | ||
| BALANCE CARRIED FORWARD 31 MARCII 2022 |
AT | 6,395, | 164 6,044, 903 |
| SRI | GURU | GURU | SINGH | SABHA | SABHA | HOUNSLOW | HOUNSLOW | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARITY | REGISTRATION | NUMBER | 283314 | ||||||||
| BALANCE | SHEET | ||||||||||
| AS | AT 31ST | MARCH | 2022 | ||||||||
| 2022 | 2021 | ||||||||||
| NOTES | |||||||||||
| FIXED ASSETS Tangible fixed assets |
8 | 6, | 865,055 | 6,637,061 | |||||||
| CURRENT ASSETS Debtors and prepayments9 Cash at bank |
37, 347, |
810 946 |
43,113 371 271 |
||||||||
| 385, | 756 | 414,384 | |||||||||
| LIABILITIES: | |||||||||||
| Amounts falling within one year |
due | 10 | 254, | 457 | 242,489 | ||||||
| NET CURRENT ASSETS |
131,299 | 171,895 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
6, | 996,354 | 6,808,956 | ||||||||
| CREDITORS Amounts falling than one year |
due after 11 |
more | 601,190 | 764,053 | |||||||
| NET ASSETS | 6, | 395, 164 | 6,044, 903 | ||||||||
| FUNDS Unrestricted funds |
12. | 6, | 395, 164 | 6,044,903 | |||||||
| Restricted funds |
|||||||||||
| 6, | 395, 164 | 6,044,903 |
| SRI | GURU SINGH |
GURU SINGH |
SABHA | SABHA | HOUNSLOW | HOUNSLOW | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARITY | REGISTRATION | NUMBER | 283314 | |||||||||||
| NOTES | TO | THE | ACCOUNTS | FOR | THE | YEAR | ENDED | |||||||
| 31ST MARCH | 2022 | |||||||||||||
| DONATIONS | AND | GIFTS | 2022f | 2021 | ||||||||||
| Donations Gift Aid Grant from |
West | Thames | College | 764,715 118,594 2,010 |
225, 553 41,007 9,604 |
|||||||||
| 885,319 | 276,164 |
| RESOURCES EXPENDED |
||||
|---|---|---|---|---|
| RESTRICTED | UNRESTRICTED | TOTAL | TOTAL | |
| FUNDS | FUNDS | 2022 6 |
2021f | |
| Direct charitable e enditure Educational expenses Ration Donations and siropa Water rates and council tax Cleaning expenses Insurance Light and heat Repairs and maintenance Equipment purchase General expenses Transport and travelling Wages Religious expenses |
5,838 55,636 18,415 5,780 14,402 7,825 48,095 108,450 343 925 550 156,095 30,677 |
5,838 55,636 18,415 5,780 14,402 7,825 48,095 108,450 343 925 550 156,095 30,677 |
900 10,053 8,466 15,974 15,409 7I174 33,558 61,401 151,240 4,080 |
|
| 453,031 | 453,031 | 308 255 |
| 31 | ST MARCH 20 |
22 | ||
|---|---|---|---|---|
| Fundraisin and ublicit Advertising |
8,207 | 8,207 | 5,774 | |
| 8,207 | 8,207 | 5,774 | ||
| Mana ement and Administration ~th Ch 't Postage Professional fees Printing and stationery Telephone Bank charges and overdraft Motor expenses Depreciation charge Financial services Loan interest |
of interest |
3,207 20,753 2,555 1 723 2,822 591 73,574 3,515 64,771 |
3,207 20,753 2,555 1 723 2, 822 591 73,574 3,515 64,771 |
1,487 6,288 450 2,018 1,366 464 70,559 1,597 61,701 |
| 173,511 | 173,511 | 145,930 |
| OTHER OPERATING |
INCOME | 022 | 2021 |
|---|---|---|---|
| Covid relief Insurance Claim Rent receivable Furloughed wages |
grant | 1,000 5,275 8,896 4,507 |
3,055 5,870 |
| 99,678 6 | 88,925 |
| 11 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SRI | GURU | SINGH | SABHA | HOUNSLOW | ||||||||||||||
| CHARITY | REGISTRATION | NUMBER | 283314 | |||||||||||||||
| NOTES | TO | THE | ACCOUNTS | FOR | THE | YEAR | ENDED | |||||||||||
| 31ST MARCH | 2022 | |||||||||||||||||
| EMPLOYEE | INFORMATION | 2022 | 2021 | |||||||||||||||
| 5 | ||||||||||||||||||
| 5.1 | Staff | costs: | ||||||||||||||||
| Wages | and | salaries | 156,095 | 151,240 | ||||||||||||||
| 156,095 | 151,240 | |||||||||||||||||
| 5.2 | The average weekly year was made up as |
number of employees follows: |
during | the | No. | No. | ||||||||||||
| Employees |
| 6. | INTEREST | RECEIVABLE | 2022 | 2021 |
|---|---|---|---|---|
| Bank interest received |
15 | '397 | ||
| Other interest | ||||
| 15 | 397 | |||
| 7. | INTEREST | PAYABLE | 2022 6 |
2021 |
| On bank Finance |
loans service |
64,771 3,515 |
61,701 1,597 |
|
| 68,286 | 6 63,298 |
| SRI | GURU SINGH SABHA HOUNSLOW |
GURU SINGH SABHA HOUNSLOW |
||
|---|---|---|---|---|
| CHARITY | REGISTRATION NUMBER |
283314 | ||
| NOTES | TO THE ACCOUNTS FOR THE |
YEAR | ENDED | |
| 31ST MARCH 2022 |
| TANGIBLE FIXED ASSE |
TS | TS | ||||
|---|---|---|---|---|---|---|
| Freehold | Fixtures | |||||
| Land told |
and ' |
~f'tt | and ' |
Library Books |
Motor Vehicle Total |
|
| Cost: | ||||||
| At 1st April 2021 Additions |
6,971,824 301,568 |
424, | 524 | 5,607 | 3,000 7,404, 955 301,568 |
|
| At 31st March 2022 |
7,273, | 392 | 424, | 524 | 5,607 | 3,000 7,706,523 |
| Depreciation: At 1st April 2021 Charge for year |
340, 72. |
366 733 |
420, | 523 | 4,205 841 |
2,800 767,894 73,574 |
| At 31st March 2022 |
413, | 099 | 420, | 523 | 5,046 | 2,800 841,468 |
| Net book value at 31st March 2022 |
6,860, | 293 | 4, | 001 | 561 | 200 6,865, 055 |
| Net book value at 31st March 2021 |
6,631,458 | 4, | 001 | 1,402 | 200 6,637,061 |
| 13 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SRI GURU SINGH |
SABHA | HOUNSLOW | |||||||||
| CHARITY REGISTRATION |
NUMBER | 283314 | |||||||||
| NOTES TO THE ACCOUNTS |
FOR | THE | YEAR | ENDED | |||||||
| 31ST MARCH | 2022 | ||||||||||
| 10. | CREDITORS | — AMOUNTS FALLING DUE |
2022 | 2021 | |||||||
| WITHIN ONE |
YEAR | ||||||||||
| Bank loans and overdraft (see note 11.1) Trade creditors Other taxes and social security costs Other creditors Accruals |
227, 622 9,626 2,179 10,030 5,000 |
227, 610 (3) 10,034 4, 848 |
|||||||||
| 254,457 | 242, 489 | ||||||||||
| 11. | CREDITORS | — AMOUNTS FALLING DUE |
2022 | 2021 | |||||||
| AFTER MORE |
THAN ONE YEAR |
||||||||||
| Bank loans | (see note 11.1) | 601,190 | 764, 053 | ||||||||
| 601,190 | 764, 053 | ||||||||||
| 11.1 | The total | amount of bank loans |
and | ||||||||
| overdrafts | was as follows: | ||||||||||
| Falling due within one year: Bank overdraft |
|||||||||||
| Bank loan | — current portion |
227, 622 | 227, 610 | ||||||||
| Falling due after more than one repayable after five |
year: years |
601,190 | 764, 053 | ||||||||
| 601,190 | 764, 053 | ||||||||||
| Total bank |
borrowings | 828,812 | 991,663 |
| OPERATING ACTIVITIES FOR THE Y 31ST MARCH 2022 |
EAR ENDED |
|
|---|---|---|
| 2022 | 2021 | |
| Net income/(expenditure) (as per the statement of financial activities) |
350,263 | (94,473) |
| Adjustments for: |
||
| Depreciations charge Interest, rent, covid relief Insurance claim (Increase)/decrease in debtors Increase/(decrease) in creditors |
73,574 (84,418) (15,275) 5,303 11,968 |
70,559 (33,452) 8,453 (68,330) |
| Net cash provided by (used in) operating activitives |
341,415 | 117,243 |
| ANALYSIS | ANALYSIS | OF | CASH | AT | BANK | AND | IN | HAND | LESS OVERDRAFTS | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||
| f | |||||||||||
| Cash | at bank | and | in hand | 347,946 | 371.271 | ||||||
| 347,946 | 371.271 |
| CASH FLOW |
STATEMENT | STATEMENT | FOR THE | FOR THE | YEAR | ENDED | ||
|---|---|---|---|---|---|---|---|---|
| 31ST MARCH | 2022 | |||||||
| 2022 | 2021 | |||||||
| F | f. | |||||||
| Cash generated from operating |
activites: | |||||||
| Net cash operating |
provided by(used in) activities — page 15 |
341,415 | (117,243) | |||||
| Cash flows from other sources |
||||||||
| Interest, Insurance |
rents, covid claim |
relief, | 84,418 15,275 |
33,452 | ||||
| 441,108 | (83,791) | |||||||
| Application of cash: |
||||||||
| Purchase Repayment |
of fixed asset of borrowing |
301,568 162,865 |
166,073 | |||||
| (464,433) | (166,073) | |||||||
| Net increase/(decrease) | in cash | (23,325) | (249,864) | |||||
| Cash at bank and in hand less at the begining of the year — |
overdrafts page 15 |
371.271 | 621,135 | |||||
| 347,946 | 371.271 |