SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTRATION NUMBER 2833 14 ALICE WAY HANWORTH ROAD HOUNSLOW MIDDLBSBX TW3 3UA FINPJqCIAL STATEf4ENTS POR THE YEAR ENDED 31ST bL4RCH 2025 GARCHA & CO CHARTERED CERTIFIED ACCOUNTANTS STATUTORY AUDITORS HEASLEIGH HOUSE 7 9A SOtTfH ROAD SOUTFIALL MIDDLESEX UBI ISQ TEL: 020 8843 1816/9010 FAX: 020 8813 8249
SRI GURU SINGH SABlUi HOUNSLOW CHARITY REGISTRATION NUMBER 283314 FIANCIAL STATEMENTS FOR THE YEAR ENDED 31ST FQ4RCH 2025 CONTENTS FAGE Executive Committee and Trustees annual report Auditor, s report statement of f inancial activites Balance sheet Notes to the £inancial statements 14 Cash Flow 15 -16
SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTPATION NUMBER 2833 14 STATEMENT OF THE EXECUTIVE COMMITTEE (THE TRUSTEES) RESPONSIBILITIES FOR THE YEAR EIqDED 31ST MARCH 2025 The trustees are responsible tor preparing the Trustees, Report and the £inancial statements in accordance with applicable law and United Kingdom Accounting Standards IUniLed Kingdom Generally Accepted Accounting Practice) The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give true and fair view of the state ot af f airs ot the charity and of the incoming resources and application 0£ resources of the charity f or that period. In preparing these f inancial staternents, the trustees are required to: -8elect suitable consistentlyi account£ng pollcies and then apply them -observe the methods and principles in the Charities SORP,. -make JudentS prudent,. and accounting estimates that are reasonable and -state whether applicable accounting standards have been f ollowed, subject tc any material departures disclosed and explained in the f inancial statements, and -prepare the flnancial statement3 on the going concern basia unless it is inappropriate to presume that the charity will contLnue in bu8lnes8. The trustees are re9ponsible f or keeplng suf f icient accounting records that disclose with reasonable accuracy at any tiTne the financial posltlon of the charity and enable them to ensure that the £inancial 8tatement8 comply with the charities Act 2011, the Charity IAccount8 and Reports) Regulations 2008 and the provisions of the trust deed/constitution. They are also responsible £or saf eguarding the assets of the charity and hence for taklng reasonable step8 £or the prevention and detection of fraud and other irregularities.
SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTPATION NUMBER 283314 REPORT OF THE EXECUTIVE COMMITTEE (THE TRUSTEES) FOR THE YEAR ENDED 31ST MARCH 2025 The Executive Committee (The Trustees I presents accounts for the year ended 318t March 2025. report and BACKGROUND Sri Guru gingh Sabha Hounslow was formed in 1981 for the provision a central place of worship in Hounslow and Surrounding area. The Charity is a registered charity wxth the Charity Commission. The charity is a membership body and its members consist of Ordinary and Lif e members. PURPOSE AND PRINCIPAL ACTIVITIES The purpose of the Charity is the advanceTnent of the Sikh rellgion in accordance with the teachings of Sri Guru Granth Sahib. REVIEW OF THE YEAR The Charity contlnued all its activlties throughout the year. Thls report 18 approved on behalf cf the Executlve Committee (The Trustees I Any two of the following are authorised to sign on behalf the Executive Committee, The President, General Secretary and Treasurer. Mr. S.S. Ahdan PRESIDBNT Mr. M.S, Sa GENERAL SECR TARY DATED:
SRI GURU SINGH SABHk HOUDTSLOW CHARITY REGISTPATION NUMBER 283314 YEAR ENDED 31ST MARCH 2025 INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF SRI GURU SINGH SABHA HOUNSLOW inion We have audited the f inancial statements of Sri Guru Singh Sabha for year ended 31st March 2025 Which cornprise of the sumTnary Income and Expenditure Account the Balance sheet and the related notes. The Financial Reporting Framework that has been applied in their preparation is applicable law and United Klngdom Accounting Standards Including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK Iunited Kingdorn Generally Accepted Accounting Practice) In our opinion, the £inancial statements; give a true and fair view of the state of the Charity, s a£fair8 as at 318t March 2025 and of its &ncon)e and expenditure for the year ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pratice,. have been prepared accordance with the requirements of the Charltles Act 2011. Basis of o nlon We conducted our audlt accordance wlth Internatlonal Standards on uditlng IUKI IISAS IUKI l and applicable law. Our responsibllities under those standards are f urther described in the Auditor, s responsibilities for the auditof the flnancial statements section of our report. We are independent ot the Charity in accordance with the ethical requlrements that are relevant to our audit of the f inancial 8tatements in the UK, Including the FRC'5 Ethical Standard, and we have fulfilled our ethlcal responsibilitles in accordance wLth these requirements . We believe that the evidence we have obtained suff icient and appropr&ate to provlde a basi8 for our op&nion. Conclusions relatin to o&n concern We have noth&ng to report in respect of the f ollowlng Inatters which the ISAS IUKI require us to report to you where: to the trustees, use 0£ the going concern basis of accountlng In the preparation of the financial statements is not appropriate,. or the trustees have not disclosed in the £inancial statements any identif led aterial uncertainties that may cast signi£ipant doubt about the Char&ey's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the f inancial statements are authorised for issue.
SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTRFiTION NUMBER 283314 INDEPENDENT AUDITORS, REPORT TO THE EXECUTIVE COMMITTEE (THE TRUSTEES) YEAR ENDED 31ST MARCH 2025 other inf ornation The trustees are responsible f or other in£ormation. The other inf orrnation included in the annual report other than the financial statements and our auditor's report thereon. Our opinion on the tinancial statements does not cover the other inf Oration and, except to he extent explicitly stated in our report. we do express any form a88urance conclusion thereon. Matters on which we are re ulred to re ort b exce tion In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not Identif led tnaterial misstatements in the Trustees, Annual Report. We have nothing to report in respect 0£ Lhe following matters where the Charities Act 2011 requires us to report to you in our opinion: sutf Icient accounting records have not been kept,, the flnancial statement8 are not in agreement wlth the accounting records and returns,. or we have not recelved all the information and explanatlon8 we require for our audit. Res onslbilities of the trustees As explained more fully in the trustees, responslbilities on page 1-2 the trustees are responsible tor the preparation of the f inancial statements and for be&ng satisfied that they give a true and fair view, and for such control a8 they determine Is necessary to enable the preparation of f inancial statements that are free from material misstatements, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity'3 ability to continue as a going concern, dlsclosingi as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to lildate the Charity or to cease opertations, or have no realistlc alternative but to do so. Our res onsibllties for the audlt 0£ the financial statements Our objective are to obtain reasonable assurance about whether the financial statements ag a whole are free from Tnaterial misstaternents, whether due to fraud or error, and to issue an auditor's report that include8 our opinion. Reasonable assurance is a level ot assurance but not a guarantee that an audlt conducted in accordance with LSAS IUKI will alway3 detect a material misstaternent when it exists. Misstaternents can arise from fraud or error and are considered , individually or in aggregate, they could reasonably be expected to inf luence the economic decision of users taken on the basis of these f inanclal statements. A further description of our reponsibilities for the audit of the financial statements is located on the Financial Reporting Council website. This description fonns part of our auditor, s reporL.
SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTRTIoN NUMBER 283314 IIqDEPENDENT AUDITORS, REPORT TO THE EXECUTIVE COMMITTEE ITHE TRUSTEES I YEAR ENDED 31ST MARCH 2025 Use of our re ort This report is made soley to the Charity, s trustees, as a body, in accordance with sectlon 144 of the Charities Act 2011 and the regulations ade under Section 154 of the Act. Our audit work has been undertaken so that we might state to the Charity, s trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the £uLlest extent permitted by law, we do not accept or assume reposnibility to anyone other than the Charlty's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Mr. S.S. Garcha Garcha & Co Chartered Certif led Accountants & .8p.nic)r .8tatutory Auditor Heasleigh House 7 9A South Road Southall Middle8ex UBI IS Date:
SRI GURU SINGH SABHA HOUNSLOW CHARITY RBGISTPATION NUMBER 2 833 14 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST TrL4RCH 2025 NOTES TOTAL TOTAL RESTRICTED UNRESTRITED FUNDS FUNDS 2025 2024 INCOME AND EXPEiIDITURE INCOMING RESOURCES Golak and donations Gif t Aid retund Investment income Grants Rental income 1,070,279 132, 616 7,797 1,070,279 1,045,593 132, 616 221,309 7,797 5,116 45,922 72,289 78,516 78,516 TOTAL INCOMING RESOURCES 1,289,208 1,289,208 1,390,229 RESOURCES EXPENDED Direct expenditure Fundraising and publlcity Management and admlnistration 0£ the charity 699, 345 2,410 699, 345 2,410 873, 963 2,000 119, 617 119, 617 270, 973 TOTAL RESOURCES EXPENDBD 821, 372 821,372 1,146,936 NET INCOMING/ I OUTGOING) RESOURCES FOR THE YEAR 467, 836 467, 836 243, 293 Balance brought forward at l April 2024 6,902,496 6,659,203 BALANCE CARRIED FORWARD AT 31 MARCH 2025 7,370,332 6,902,496 11 of the above results are derived from continulng activities. All gains and losses recognised in the year are included above.
SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTFATION NUMBER 2 833 14 BALANCE SHEET AS AT 31ST MARCH 2025 2025 2024 NOTES FIXED ASSETS Tangible f ixed assets 6,646,857 6,719.590 CURRENT ASSETS Debtors and prepaynents9 Cash at bank 227, 756 772, 881 108, 697 566, 945 1,000,637 675, 642 LIABILITIES: Amounts falling due WIthn one year io 264, 665 271, 384 NET CURRENT ASSETS 735, 972 404, 258 TOTAL ASSETS LESS CURRENT LIABILITIES 7,382,829 7,123,848 CREDITORS Alnounts £alling due after more than one year li 12,497 221, 352 NET ASSETS 7,370,332 6,902,496 FUNDS Unrestrlcted tunds 12. 7,370,332 6,902,496 7,370,332 6,9D2,496 The f Inanclal statements were approved on behal£ of the Executive Committee and signed on their behalf by: Mr. S.S. Ahdan PRESIDENT GENEPAL SECRETAR¥ DATED: IZ Ftsd Zo
SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTRTIoN NUMBER 2 83314 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES The f inancial statements have been prepared under the historlcal cost convention, Statement 0£ Recommended Practice FRS 102, Accounting and Reporting by Charities, the Charities Act 2011. Incornin resources All incoming resources are included on the Statement of Financial Activlties when the charity 18 legally entitled to the income. ended Resources ex Expendlture is accounted for on an accruals ba9Is and has been classified under headings that aggregate all c08ts related to the category. Tan ible f ixed assets Depreciation is provided at the following annual rates order to write off each asset ove.r itr.a estimated usetul ILte. Freehold property Library books Fixtures, f ittings Motor vehicles l* an cost residual value residual value residule value Fund accountin Unrestricted funds can be used in accordance with the charities objectives at the di8cretion of the trustees. Restrlced funds can only be u8ed for particular purpose for whieh the f unds were raxged. Trustee, s emolument8 None of the trustees have reeelved any reTnunerat&on, expenses or benef its trom Lhe charity Related art transactions There have been no related party transactions in the reporting period that require disclosure.
SRI GURU SINGH SABHA HOUNSLOW CFLARITY REGISTR2¥TION NUMBER 2S3314 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 DONATIONS AND GIFTS 2025 2024 Donations Gif t Aid Grant received 1,070,279 1,045,593 132, 616 221, 309 45,922 1,202,895 1,312,824 RESOURCES EXPENDED RESTRICTED UNRESTRICTED FUNDS FUNDS TOTAL 2025 TOTAL 2024 Direct charitable ex Educatlonal expenses Ration Donatlons and gLfoDa Water rates and council tax Cleanlng expenses Insurance Light and heat Repairs and maintenance Equipment purchase General expense8 Transport ana travelllng Wages Subscriptlons Religious expenses enditure 20,067 152, 024 11,830 18,351 28,387 12,844 119,539 74,672 7,756 400 4,776 202, 000 20,067 152, 024 11,830 18,351 28,387 12,844 119,539 74,672 7,756 400 4,776 202, 000 15,369 143, 776 16,675 14,578 37,333 10,546 108, 534 200,426 25,047 5,524 181, 93S 552 113, 668 43,047 43,047 699, 345 699,345 873, 963
io SRI GURU SINGH SABHA HOt]NSLOW CHARITY REGISTMTION NUMBER 283314 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Fundraisin Advertising and ublLCit 2,410 2,410 2,000 2,410 2,410 2,000 Mana ernent and Adrnlnistration of the Charit Postage Prof essional £ees Printing and stationery Telephone Bank charges and overdraft interest Motor expenses Viga appllcations Depreciation charge Financial service Loan Interest 4,829 9,392 990 1,521 2,241 777 536 72,733 3,520 23,078 4,829 9,392 990 1,521 2,241 777 536 72,733 3,520 23,078 8,314 135, 936 5,953 1,535 3,626 444 72,733 6,297 36,135 119, 617 119, 617 270, 973 OTHER OPERATING INCOME 2025 2024 Rental receivable 78,516 72,289 78,516 £ 72,289
li SRI GURU SINGH SABHA HOtJNSLOW CHARITY REGISTPATION NtJMBER 283 314 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 EMPLOYEE INFORMATION 2025 2024 staf f costs: Wages and salaries other pension costs 198, 923 3,077 181, 935 202, 000 181, 935 The average weekly number 0£ employees durlng the year was made up as follows: No. No. Employees io io io io INTEREST RECEIVABLE 2025 2024 Bank interest received Other interest 7,797 5,116 7,797 5,116 INTEREST PAYABLE 2025 2024 On bank loan8 Finance service 23,078 3,520 36,135 6,297 £ 26,598 £ 42,432
12 SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTRFITION NUMBER 283314 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST f4ARCH 2025 TANGIBLE FIXED ASSETS Freehold Land and buildin FixLures and £ittin Library Books Motor Vehicle Total Cost: At 1st April 2024 & At 31st March 2025 7, 273, 393 424. 524 5,607 3,000 7,706,524 Depreciation: At 1st April 2024 Charge f or year 558, 565 72,733 420,523 5,046 2,800 986, 934 72,733 At 31st March 2025 631, 298 420, 523 5,046 2,800 1,059,667 Net book value at 31st Ellarch 2025 6,642,095 4,001 561 200 6,646,857 Net book value at 31st Narch 2024 6,714,828 4,001 561 200 6,719,590 The followlng properties are registered in the name of the Trustee on behalf of the charlty. There is a restrlction on the deed. 235 Hanworth Road Hounslow TW3 3UA 231 Hanworth Road Hounslow TW3 3UA 27 Hibernia Road Hounslow TW3 3RU 233 Hanworth Road Hounlosw TTr13 3UA DEB TORS 2025 2024 Debtors other debtor8 Prepa]nnent8 19,641 200, 000 8,115 96,751 5,000 6,946 227,756 108, 697 The sum of £ 200, 000.00 was was advanced to Guru Nanak Gurdwara carnberley. The sum of £ 200, 00. 00 has been repaid on 02/12/2024.
13 SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTRATION IqUMBER 2 83314 NOTES TO THE ACCOUIITS FOR THE YEAR ENDBD 31ST MARCH 2025 CREDITORS AMOUNTS FALLING DUE WITHIIq ONE YEAR io. 2025 2024 Bank loans and overdraft Isee note 11.11 Trade creditors other taxes and social securlty costs other creditors Accruals 231, 358 19,656 9,610 18071 4,848 230, 592 14,182 3,814 12,796 10,000 264, 665 271,384 ii. CREDITORS AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 Bank loans IBee note 11.11 12.497 221, 352 12,497 221, 352 11.1 Tlie total amount 0£ bank loang and overdraft8 was as follows: Falling due w&thln one year: Bank overdraf t Bank loan current portion 231, 358 230, 592 Falling due after more than one year.. repayable af ter five years 12,497 221, 352 12,497 221, 352 Total bank borrowings 243, 855 451, 944 The bank loans are The bank loans are secured on the Freehold buildlngs. repayable by 6 May 2026.
14 SRI GURU SINGH SABXA HOUNSLOW CHARITY REGISTRATION NUMBER 283314 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3 1ST l¥lARCH 2025 12. MOVEMENT IN FUIIDS 2025 Balance as at 1st April 2024 Unrestricted f unds Incoming Resources Resources Expended 6,902,496 1,289,208 1821, 372} AL 318t March 2025 7,370,332 Restricted funds TOTAL FUNDS 7,370,332
SRI GURU SINGH SAB HOUNSLOW CHARITY REGISTRATION NUMBER 283314 15 RECONCILATION OF NET INCOMEI IEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 Net incorne/ (expenditure) las per the stateTnent of f inancial activities) 467, 836 243, 293 Adjustments f or., Depreciations charge Interest, rent Insurance clairn (Increase) /decrease in debtors Increase/ Idecreasel in creditors 72,733 186,3131 72,733 177,4051 1119,0591 16,7191 178,8471 111,4641 Net cash provided by (used Inl operating activitives 328,478 148,310 ANALYSIS OF CASH AT BANK AND IN HAND LESS OVERDRAFTS 2025 2024 Cash at bank and In hand 772, 881 566, 945 772, 881 566, 945
SRI GURU SINGH SABHA HOUNSLOW CHARITY REGISTPATION NUMBER 28 3 3 14 16 CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 Cash generated f rotn operating actlvites: Net cash provided bylused inl operating activities page 15 328, 478 148, 310 Cash flows froTfL Other sources Interest, rent8 86,313 77,405 414, 791 225, 715 Applicatlon of cash.. Purchase ot fixed asset Repayment of borrowing 208, 855 196, 335 208, 855 196,335 Net increase/ Ideerea8el in cash 205,436 29,380 Cash at bank and In hand le85 overdrafts at the begining 0£ the year page 15 566, 945 537, 563 772, 881 566, 943