2024-03-31-accounts

SRI GURU SINGH SABHA HOtrNsLOW C51ARITY REGISTRATION IqUMBER 283 3 14 ALICE WAY, HANWORTH ROAD HOUNSLOW MIDDLESEX TW3 3U2¥ FINANCIAL STATEMENTS FOR THE YEAR EIqDED 31ST MARCH 2024 GARCHA & CO CHARTERED CERTIFIED ACCOUNTANTS STATUTORY At7DITORS HE￿SLEIGH HOUSE 79A SOtJTH ROAD SOUTHALL MIDDLESEX UBI ISQ TEL: [phone] FAX: [phone]

SRI GURU SINGH SABHli HOUNSLOW CHARITY REGISTRATION NUMBER 2 8 3314 FIANCIAL STATEMENTS FOR THE YEAR EblDED 31ST ￿tARCH 2024 CONTENTS PAGE ExecutLve Committee and Trustees 3mual report Audltor, s report 8taternent of f Inancial activites Balance sheet Notes to the financlal statement8 13 Cash Flow 14 -15

SRI GtJRU SINGH SABHA HOUNSLOW CHARITY REGISTTrATfoN NtJNBER 2 833 14 STATEMENT OF THE EXECUTXVE COMMXTTEE ITHA TRUSTEES) RESFONSIBILITIES FOR THE YEAR ED]DED 31ST MARCH 2024 The trustees are responsible for preparing the Trustees, Report and the financial statements in accordanc8 wlth appLicable law United Kingdom AccounLlng Standards (United Kingdom Generally Accepted Accountlng Practice) . The law appllcable to charztles In England & Wales requlres the trustees to prepara finanelal statements for each financial year which give true and falr view 0£ the state of affairs of the charity and 0£ the incDming resources and appllcation of resources 0£ the charity for thatperiod. In preparing these £inanclal statement8, the trustees are requir8d to: -se18Ct sultable conslstentlyi the Thethods and prLnc&ples the Charltles accounting policles and then apply them -observe SORP,. -make Jud9Thents and accounting estlmates that are reasonable and prudent,. -state whether appllcable accountLng standardo have bean tollowed, gubJect to any Tnaterlal departures d￿sCIoSed and explalned in the f Inanclal 6tatements, -prepare the £lnanclal Statements on the golng concern basis unlegs t Is Inapproprlate to presume that the charlty wlll continue In buslness. The trustee3 are reBpoll81ble f or keeplng suf f Iclent accountlng record that dlsclose wlth reasonable accuracy at any t￿rne the flnancial pogltlon 0£ the charlty and enable them to ensure that the flnanclal Statements comply with the Charltle8 Act 2011, the Charlty IAccountB and Reports) Regulation8 2008 and the provislons of the trust de¢dlconstltutlon. They are also responslble £or saf eguarding the assets of the charity and hence tor taklng reasonable steps f or the prevention and detectlon ot fraud and other Irregularltles.

SRI GURU SINGH SABHA HOUNSLOW CHARITY RECISTL4TXON NLINBER 2 83314 REPORT OF THE EXECUTIVE COIqMIYTEE ITHE TRUSTEES) FOR THE YEAR EblDED 31ST MARCH 2024 The Executive Commlttee (The Trustees) prèsents accounts for the year ended 318t March 2024. BACKGROUb7b Srl Curu sLngh Sabha Houn81ow was forned in 1981 for the provision a central place of worship in Hounslow and surroundlng area. Tre Charity is a reglstered charity with the Charlty Comm£Bsion. The Charlty amembersh&p body and Its Thember$ con8lSt of Ordinary, Associate and Lite TheTnbers. its report and PURPOSE ADID PRINCIPAL AcfIvITIES The purpose 0£. the Char&ty the advanceThent of the slkh religion in accordance wlth the teachlngs of Sri Guru Granth SahLb. REVIBW OF THE YEAR The Charlty continued all Its actlvlt£e3 throughout the year. Thls ' report approved on behalf of the Executlve CoTMTh£ttee (the Trustees)". '￿]Y two of the tollowlng are authorlsed to Bign on behalt he Executive Cornmltteei The President, General Secretary and Flnance Sacretary. Mr, J.S. Thethi. PRESIDENT r. G.S. Dhanoa Mr. s. sln GENERAL SECPITARY TREASURER DATED:. .19 ,.1.

SRI GURU SINGH SABIUk HOUNSLOW CHARITY REGISTRkTIOb7 NUMBER 2 833 14 YEAR ENDED 31ST MARCH 2024 INDEPENDENT ATJDITOPS, REPORT TO THE TRUSTEES OF SRI GURU SINGH SABHA HOTJNSLOW We have audlted the flnanclal statements of Sri Gurn slngh Sabha for year ended 31st March 2024 Which cornprise of the summary Income and Expenditure Account the Balance Sheet and the related notes. The Financial Reporting Framework that has been applied in thelr preparation 18 applicable law and Unlted Klngdom Accounting Standard8 including .Financial RepOrt￿ng Standard 102 The Financlal Repcrtlng 'Standard :, applicable in the UK IUn£ted Kingdom Generally Accepted ' Acdcjiintirig Practice) . In our oplnlon, the fInanc￿al statements: give a true and falr view 0£ the state of th8 Charlty's a££airs as at 31st March 2024 and 0£ its Income and expendlture for the year ended,. have been properly prepared accordance wlth Unlted Klngdorn Generally A¢cepted Accounting Pratlce,. ha.irei..￿.een' prepared In accordance wlth the requirementg 0£ the '.ChaUthi'tie8 Act. 2011. Basis 0£ o nlon We conducted our audlt Ln accordance with Internatlonal Standards on Audlt£ng (UK) IISAB IUKI l and appllcable law. Our re8pon8lbilltles under those standards are £urther dascrlbed the Audltor, reaponslbllltles for the audlto£ the tlnanclal Btatements sectlon of ..our.'..tebor¢:. We are Independent 0£ the Charlty in accordance with the ethl'cal, re¢lli￿reMentS that are re'levant to our audlt 0£ the flnanclal statements n the UK, includlng the FRC'S Ethlcal Standard, and we have £ulfLlled our ethical responslbilltles In accordance W￿th these reqU￿rementS. We belleve that the evidence we have obtained suff1c￿ent and appropriate to provlde a baBls £or our op￿nIOn. Concluslons relatln to oin concern We::.,b4v.a,.,,..nothlng to report In respect 0£ the follow￿ng matters to wlii¢li.'the 18As IUKI require us to report to you where: the trustee8' use of the golng concern basis of accounting in the preparation of the t￿nanC￿al Statements is not apprcprlate,. or the trustees have not disclosed in the £inanc&al statements any dentlf led material uncertaintie8 that may cast Signif icant doubt aJ)out the Charity's abllity to continue to adopt the golng concern basis of accounting for a period of at least twelve Thonths from the .date' .wllèn. the tinancial 8tatement8 are authorised for I8sue.

SRI QURU SINGH SABHA HOUNSLOW CHARITY REGISTPATION NtnoBER 2 833 14 IIqDEPEIqDENT AUDITORS I REPORT TO THE EXECUTLVE COMMITTEE THE TRUSTEES I YEAR ENDED 31ST MARCH 2024 other Intormation The trustees are responslble for other In£ormation. The other ".i.nf orTi13t￿.0n... .Included the annual report other than the financial "*ta.Lerrients 'a.rid our audltor's report thereon. Our opinion on the £inanc£al statements doe not cover the other Inf ormation and, except to he extent explicitly stated In our report. we do exprags any fom assurance conclusion thereon. Matters on whlch we are re ulred to re ort exce In the Ilght of the knowledge and understanding of the Charity and ts environment obtained In the course of the audit, we have not J.'d'on.eLtL.e.d.'material misstatements in the Trustees l Annual Report. .'We h'ave nothing to report in respect of the followLng matters where the Charltiefj Aet 2011 require8 UB to reporL to you if, In our opinion: su££lc£ent accoun¢Lng records have not been kept., the £inanclal statements are not agreement wlth the accountlng records and return8,' or .w& have not.recelved all the In£onnatlon and explanatlon8 we requlre. tor our audat. Re8 onsLbll£tles 0£ the trustees As explalned More fully IrL the trustees, respon8Lb&lltles on page 1-2 tha truat6es are responslble tor the preparatlon of ehe tlnanclal 8taternents and for be£ng satl8£led that they give a true and fair vLew,..and for Such control as they determlne 16 necessary to enable tho:::: F￿'eParatIOn. 0£ f Inancial statements that are f ree f rom materlal ml'sstatem&nts, whether due to fraud or error. In preparing the flnancial Btatements, the trustees are responsible for assesslng the Charity'8 abillty to continua as a going concern, a￿Se109￿ng, as applLcable, rnatters related to going concern and uslng the going concern basi8 of accounting unles6 the trustees elther ntend to Ilquidate the Charity or to cease opertations, or have no reallstlc alternatlve but to do so. Oxir- ré$ onsibilties for the audit 0£ the financial statements Our objeitive are to obtaln reasonable assurance about whether the £inancial statements a8 a whole are £ree from material misstatements, whether due to fraud or error, and to issue an auditor's report that ncludes our opinion. Reasonable assurance Is a level 0£ assuranc8 but not a guarantee that an audit conducted in accordance wlth ISAS (UK) wlll alway8 detect a material misstatement when it exLsts. Misstaternents can arise from £raud or error and are Cons￿dered 1£, indlvldually or in aggregate, they could reasonably be expected to ..Inf luence the econofftic decision of users Eaken on the basis of these . f Inanc￿al. statéments. further description of our reponsibilities for the audit of the t￿nanCIal statements is located on the Financial Reporting Council website. Thls description forms part 0£ our auditor's report.

SRI GURU SINGH SABHA HOUNSLOW CHZUiIT¥ REGISTRATION TfjfJNBER 283314 DEPENDENT AUDITORS, REPORT TO THE EXECtJTIVE COMMITTEE (THE TRUSTEES ¥KAR Eb]DED 31ST MARCH 2024 Use 0£ our re ort Thls report Is made soley to the Charity'B trustees, as a bodyi accordance wlth sectlon 144 of the charities Act 2011 and the regulations made under Sectlon 154 of the Act. Our aud&t work has een . undertaken o that we might state to the Charity, s tru?tees those matters we are required to state to theNL an auditor's report ' arid for no other purpose. To the fulle8t extent permitted by law, we do not accept or assume rep08nLbll&ty to anyone other than the Charity's trustees ag a bodyi for our audit work, for this report, or for the opinions we have formed. oj [,[ Mr. S.S. Garcha Garcha & Co Chartered Certif i8d Accountants Ap.nlor 4tr.at.iit.Dry Aiidttr.ar Heaglelgh House 79A South Road Southall Middlesex UBI IS Date".

SRT Gtniu SINGH SABHA HOUNSLOW CHARITY REGISTR￿TION NUMBER 283 3 14 STATEMENT OF FINPJICIAL ACTIVITIES FOR THE YEAR ENDED 31ST l¥JARCH 2024 NOTES TOTAL TOTAL RESTRICTED UNRESTRITED FUNDS FUNDS 2024 2023 INCOMR AND EXPENDITURE INCOMING RESOURCES Golak and donatlons Gif t Aid re£urLd Investment IncoTTre Grants Rental income 1, 045,593 221,309 5,116 45,922 ?2,289 1,045,593 221,309 5,116 45,922 72,289 895,796 24,044 S46 10,000 72,300 TOTAL INCOMING RESOURCES 1,390,229 1,390,229 1, 002, 986 RESOURCES EXPENDED Dlrect expenditure Fundraislng and publlcity ManageThent and admlnistratLon ot the charity 873, 963 2,000 873, 963 2,000 580, 883 6,062 270, 973 270, 973 152, 001 TOTAL RESOURCES EXPENDED 1,146,936 1,146,936 738, 946 NET INCOMING OUTGOING RESOURCES FOR THE YEAR 243, 293 243,293 264,040 Balance brought forward at l April 2023 6,659,203 6,395,160 BALANCE CARRIED FORWARD AT 31 MARCH 2024 6,902,496 6,659,200 All of the above results are derlved from contlnuing activities. All gain8 and IoBses recognlsed in the year are included above.

SRI CURU SINGH SABHA HOtID7SLOW CHARITY REGISTPJ¥TION IqUMBRR 283314 BALAIqCE SHEET AS AT 31ST bLARCH 2024 2024 2023 NOTES FIXED ASSETS Tangible Eixed assets 6,719,590 6,792,322 CURRENT ASSETS Debtors and prepayments 9 Cash at bank 108, 697 566, 945 29,850 537, 563 675, 642 567,413 LIP&ILITIES: Amount8 falling due withln one year io 271,384 282, 848 NBT CURRENT ASSETS 404,258 284, 565 TOTAL ASSETS LESS CURRENT LIABILITIES 7,123,84LI 7,076,887 CREDITORS Amounts talllng due after more than one year IL 221,352 417,687 NET ASSETS 6,902,496 6,659,200 FUNDS Unrestrlcted funds L2. 6,902,496 6,659,200 6, 902,496 6,659,200 The flnancial statement8 were approved on behal£ of the Executive Colnmlttee and signed on their behalf by: G,s.D<Ano4 Mr, J.S. Thethi PRESIDENT Mr. G.S. Dhanoa GENERAL SECRETARY Mr. Sin TREASURER DATED: .%.

SRI 13URU SIIfjGH SABHL HoEftlSLOW CHARITY REGISTRATION N£YMBER 283314 NOTES TO THE ACCOUNTS FOR THE YBAR ENDED 31ST MARCK 2024 ACCOUIJYfING POLICIES The t￿nanCIal statements have been prepared under the hlstorical cost '. toriv.ention, Statement 0£ Recommended Practlce FRS 102, Accounting and .Rep"ortin¥ .by. Charitles, the charitles Act 2011. Incomin te8ource6 All incomlng resourcea are Included on the Statement of Flnancial Activltle8 when the charlty legally entltled to the ￿nCorne. ended Re8ourees ,.Èxpendlture ia accounted for on an 'accrual$ basls and has been classifled under headings that aggregate all costs related to the categcry. Tan ble £lxed assets Depiec&atlon provlded at the £ollowlng annual rat¢s Ln order to wr&te 0££ each ass8t over Its estlmated use£ul Ilte. .Frèeliold',propetty. ' Llbrary books Fixtures, f Ittlngs Motor vehicles l* on 'cost re'sldual value resldual value resldule value Fund accountln Unrestrlcted funds can be used in accordance wlth the charltles ob3ÉCtlves at the dlgcretlon 0£ the trustees. 'Re8trlced funds. can only be used for partlcular purpose for wh￿ch the funds were ra￿Sed. Trustee, B emoluments None of the tru9tees have recelved any remuneratlon, benefits £rom the charity expenses or .Related art transactions There have been no related party tranBactlons in tha reportlng per￿0a that require disclosure.

SRI GURU SINGH SABHA HOUb7SLOW CHARITY REGISTRATIQN NtNBER 2833 14 NOTES TO THE ACCOt)Iwrs FOR THE YBAR EfmBD 31ST MARCH 2024 DObTATLONS AND GIFTS 2024 2023 Donations Gif t Aid Grant recelved 1, 045,593 221,309 45,922 895,796 24,044 10,000 1, 312,824 929, 840 RESOURCES EXPENDED RESTRICTED t3NRESTRICTED FUNDS TOTAL 2024 TOTAL 2023 D&rect charltable e Educational expenses Ration Donat.i on8 and slrpp Water rates and councll tax clean￿ng expenses Insurance Llght and heat Repalrs and malntenance Equipment purchase Transport and travall£ng Wages Subscrlptions Religious expenBeS endlture 15,369 143, 776 16,675 14,578 37,333 10,546 108, 534 200, 426 25, 047 5,524 181, 935 552 113, 668 15,369 143,776 16,6'1 14,578 37,333 10,546 IOB, 534 200, 426 25,047 5,524 181, 935 552 113, 668 10,325 124, 283 17,037 47,219 35,727 10,221 57,747 69,030 3,675 144,460 1, 067 60,092 873, 963 873, 963 580,883

io SRI GURU SINGH SABItA HOUNSLOW CHARITY REGISTRATION NUMBER 283314 NOTES TO THE ACCOUNTS FOR THE YRAR ENDED 31ST MARCH 2024 FL]ndralsin Advertising and ubllcit 2,000 2, 000 6, 062 2,000 2,000 6,062 Mana ement and A¢aministration of the Charit Postage Pro£esslonal f ees Prlnting and 8tatlDnery Telephone Bank charges and overdraft interest Motor expenses Depreciatlon charge Flnanclal 8erv£ce8 Loan interest 8,314 135,936 5,953 1,535 3,626 444 72,733 6,297 36,135 8,314 135, 936 5,953 1,535 3,626 444 72,733 6,297 36,135 3,862 16,027 4,988 1,623 3,497 200 72,733 4,132 44,939 270, 973 270,973 152, 001 OTHER OPERATING INCONE 2024 2023 Rent recelvable 72,289 72,300 72,289 £ 72,300 EMPLOYEE INFOIUlkTION 2024 2023 sta£f c03ts: Wages and 8alarle8 181,935 144,460 181,935 144, 460 The average weekly number of employees duriug the year waB made up a8 £ollows: No. No. Employees

li SRI GURU SINGH SABHA HOtTNSLOTq CHARITY REGISTRATION NUMBER 2 833 14 NOTES TO THE ACCOTJNTS FOR THE YEAR ENDED 31ST IQARCH 2024 INTEREST RECKIVABLE 2024 2023 Bank interest received other Interest 5,116 846 5,116 846 INTEREST PAYABLE 2024 2023 On bank loans Flnance Service 36,135 6,297 44,939 4,132 £ 42,432 £ 49,071 TANGIBLE PIXED ASSETS Freehold Land and bulldln FixtureB and tlttln L￿brarY s Booko Motor Vehlcle Total Cost: At 1st Aprll 2023 & At 31st March 2024 7,273,393 424,524 5,607 3,000 7,706,524 Depreciatlon: At ISL Aprll 2023 Charge f or year 485,832 72,733 420, 523 5,046 2,800 914, 201 72,733 At 31st March 2024 558, 565 420,523 5,046 2,800 986, 934 "'Né¥ k)o'ok value at 31st March 2024 6,714,828 4,001 561 200 6,719,590

12 SRI GURU SI.NGH SABHA HOTJNSLOW CHARITY REGISTBATIOh7 NfJMBER 2 8 3314 NOTES TO THE ACCOUNTS FOR THE YEAR EDIDED 31ST ￿lARCH 2024 Net book value at 31st March 2023 6,787,561 4,001 561 200 6,792,323 DEBTORS 2024 2023 96,751 5,000 6,946 24,044 Otller dèbtors Prepaynent? 5,806 108, 697 29,850 io.. CRED TORS AMOUNTS FALLING DUE JII,,.ONE YEAR Bank loans and overdraft (see note 11.11 Trade credltorg other taxea and 8oc£al seaurlty costs other eredltors Accruals 2024 2023 230,592 14,182 3,814 12,796 10,000 228, 092 47,062 2, 694 5,000 271,384 282, 849

13 SRI GURU STNoll SABHA HOUNSLOW CHARITY REGISTr￿TION NUMBER 2 833 14 LfjOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 CREDITORS AMOUNSS FAJ4LING DUE AFTER MORE THAN YEAR ii. 2024 2023 Bank loans {86e note 11.11 221, 352 417, 687 221, 352 417, 687 11.1 The total aThount of bank loans and overdratts was as follows: Falllng due wlthin one year: Bank overdraf t Bank loan current portlon 230,592 228, 092 Falllng due after Thore than one year: repayable after flve years 221,352 417,687 221,352 417,687 Total bank borrowLngs 451, 944 645, 779 The bank loana are secured on the Freehold bu&ldings. The bank loans are repayable by 6 May 2025. 12. MOVEMENT IN FUNDS 2024 Balance as at 18t Aprll 2023 Unrestricted funds Incoming Resources Resources Expended 6,659, 203 1,390, 229 (1,146,936) At 31st March 2024 6,902,496 Re8trlcted funds TOTAL FUNDS 6,902,496

SRI GURU SlhTGH S21BHA HOUNSLQW CHARITY RBGISTPATION NtINBER 2833 14 14 R.EC0NcIL￿T1o￿ OF NET INCOIIJE IEXPENDITUREI TO NET CASH FLOW FROM ' OPEPATING ACTIVITIES FOR THE YEAR ENDED 31ST MPJiCH 2024 2024 2023 et Income/ lexpendlturel {as per tha Statement of f inaneial activitie8} 243,293 264,040 AdJustm¢rtts . f or: Depreciatlons Charge Interest, rent Insurance cla£m (Increase) /decrea8e debtors Increa6e/ Idecreasel creditor8 Net cash provlded by (used inl operating actlYitLves 72,733 177,4051 72,733 173,1461 171,9011 111,4641 7,960 28,385 148,310 299,972 ANALYSIS OF CASH AT BANK AND IN HAblD LESS OVEFDRAFTS 2024 2023 Casii at .haT￿ ancl Ln hand 566, 945 537, 563 566, 945 537,563

SRI GURU SINQH S24BH31 HOUIfjSWW CHARITY REGISTRBITION D7[ll￿ER 283314 15 CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MBIRCH 2024 2024 2023 Cash generated f rom operating activlte3 . Net cash provlded bylused In) . ttpét:ating. act jvitles page 14 Cash flows from other Sources 148,310 299, 972 Interest, rent 77,405 73,146 225, 715 373,118 Appllcatlon 0£ caBh: Èutcha*e .0£ f &xed asaet Repayment of borrowlng 196,335 183, 503 196, 335 IfSl,fj03 Net Increa8e/ Idecreasel In cash 29,380 189, 615 cash. al,. bank antl h'and less overdra£t$ at the beglnlng of the year page 14 537,563 347,946 566, 943 537, 561