**Registered Charity Number 286079**
## **Sikh Association Kingston**
## **Report and Unaudited Accounts**
## **31 March 2023**
Page 1
## **Sikh Association Kingston Report and accounts Contents**
||**Page**|
|---|---|
|Trustees' Report|3|
|Statement of Financial Activities|4|
|Balance sheet|5|
|Notes to the accounts|6|
|Schedule to the Statement of Financial Activities|9|
|Independent Examiner's Report|10|
Page 2
## **Sikh Association Kingston**
## **The report of the trustees for the year ended 31 March 2023**
## **Introduction**
The trustees present their annual report and accounts for the year ended 31 March 2023.
The board of trustees are satisfied with the performance of the charity during the year and the position at 31 March 2023 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfill its obligations. The trading name of the Charity was Gurudwara Guru Har Rai Sahib Ji.
## **Objects**
The objects of the Gurudwara are to advance, permit and propagate the Sikh religion in Kingston and surrounding area by
1. celebrating the principle Sikh Religious Festivals
2. by extending a welcome to all Sikhs Newly arrived in or visiting the area
3. managing the Gurudwara in accordance with Sikh tenents and local Government rules and regulations.
## **Reference and Adminstrative Details**
|**_Principal address_**|58 Lower Marsh Lane|
|---|---|
||Kingston Upon Thames|
||Surrey|
||KT1 3BJ|
|**_Charity Registration Number_**|**286079**|
|**_Trustees_**||
|Mr Harpreet Singh Khurana||
|Mr Jani Singh||
|Mr Jagandar Singh||
|Mr Mehar Budhraja||
|Mr Preet Singh Gulati||
## **Structure, Governance and Management**
## **Organisational Structure**
The Holding Trust board consists of 21 members elected by the executive committee for a term of office not exceeding five years.
New Holding Trustees may be elected on recommendation of the executive committee, to be endorsed by the Sikh congregation at the annual general meeting.
## **Governing Document**
The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **Background**
The management committee is thankful to all the worshipers for their generous donations and continued financial support in making it a successful year for the congregation. Also provided financial support to Guru Nanak Darbar with the New Building project of Gurudwara Sahib.
## **On behalf of the board of Trustees**
…………………………… …………………………… Mr Jani Singh - Trustee Mr Preet Singh Gulati - Trustee Date: 21 August 2024 Date: 21 August 2024
Page 3
## **Sikh Association Kingston Statement of Financial Activities for the year ended 31 March 2023**
|**Notes**
**Incoming resources**
**_Incoming resources from generated funds_**
Donation & Grants
1
**Total incoming resources**
Activities furthering charitable objects
4
Management & administration of charity
5
**Total resources expended**
Fund balances - surplus in the period
**_Balance brought forward_**
**Balance carried forward**|**Unrestricted**
**Total**
**Last Year**
**Funds**
**Funds**
**Total Funds**
**2023**
**2023**
**2022**
**£**
**£**
**£**
122,820
122,820
132,915
122,820
122,820
132,915
30,441
30,441
15,662
61,687
61,687
43,916
92,128
92,128
59,578
30,692
30,692
73,337
611,112
611,112
537,775
**641,804**
**641,804**
**611,112**|
|---|---|
Page 4
## **Sikh Association Kingston Balance Sheet as at 31 March 2023**
|**Notes**
**_The assets and liabilities of the charity :_**
**Fixed Assets**
Tangible assets
7
**_Total fixed assets_**
**Current assets**
Cash at Bank
Other Debtor / Short term loan
Cash in Hand
**_Total current assets_**
**Creditors: amounts falling due**
**within one year**
8
**_Net current assets_**
**_Total assets less current liabilities_**
**Net assets**
**Financed by**
Accumulated funds Balance b/f - Unrestricted
Fund balances - surplus in the period - Unrestricted
**Balance c/fwd (Unrestricted)**
--------------------------------------------
Mr Jani Singh - Trustee|37,969
140,000
15,159
193,128
24,002
611,112
30,692|**2023**
**2022**
**£**
**£**
472,678
437,337
472,678
437,337
30,914
140,000
21,861
192,775
19,000
169,126
173,775
641,804
611,112
641,804
611,112
537,775
73,337
641,804
611,112
-
-
--------------------------------------------
Mr Preet Singh Gulati - Trustee|
|---|---|---|
## **Approved by the trustees on 21 August 2024**
Page 5
**Sikh Association Kingston Notes to the Accounts for the year ended 31 March 2023**
## **1 Accounting policies**
## _**Basis of preparation of the accounts**_
The financial statements have been prepared under the historical cost convention and in accordance with :
- (a) Part VI of the Charities Act;
- (b) the Charities (Accounts and reports) Regulation 1995 and 2000;
(c) the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in October 2000 "SORP 2008") by the Charity Commission for England and Wales;
(d) applicable UK Accounting Standards issued or adopted by the Accounting Standards Board; and
## _**Incoming Resources**_
Incoming resources are accounted for on an accrual basis on the statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## _**Resources Expended**_
Expenditure is accounted for on an accrual basis and has been classified under the headings that aggregate all cost related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on the basis consistent with the use of its resources.
## _**Corporatioin Tax**_
The charity is exempt from tax on its charitable income and gains falling within section 505 of the Taxes Act. No tax charges have arisen in the charity.
## _**Bank Interest**_
Bank interest is recognised as an incoming resource when it is credited to the bank statement. All bank interest is treated as unrestricted income to the General Fund.
## _**Fund Accounting**_
Incoming resources that may be applied for the Gurudwara's general purposes are treated as Unrestricted' incoming resources and are credited to the 'Unrestricted Funds'.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 6
## **Sikh Association Kingston Notes to the Accounts for the year ended 31 March 2023**
|**1**
**_Incoming resource_**
**2023**
**£**
Donations & Grants
122,820
**2023**
**2**
**_Bank Interest_**
**£**
Interest received (Gross)
-
**3**
**_Costs of Generating Voluntary Income_**
**2023**
**£**
Support Costs
-
**_4_**
**_Activities furthering the charitable objects_**
**2023**
**£**
Groceries and Langar facilities
29,521
Rent, rates & service charges
365
Bank charges
555
**30,441**
**_5_**
**_Management and Administration of the charity_**
**2023**
**£**
Ragi Jathe and Granthi
19,739
Light & heat
12,594
Decoration and poshaki
1,277
Depreciation
2,139
Premises repairs & renewals
21,777
Telephone expenses
-
Insurance
-
Cleaning expenses
4,161
**61,687**|**2022**
**£**
132,915
**2022**
**£**
-
**2022**
**£**
-
**2022**
**£**
15,490
67
105
**15,662**
**2022**
**£**
23,840
7,064
1,527
2,139
5,291
-
-
4,056
**43,917**|
|---|---|
## **6** _**Trustees' Remuneration and Benefits**_
There were no trustees' rumeneration or other benefits for the year ended 31 March 2023
## _**Trustees' Expenses**_
There were no trustees' expenses for the year ended 31 March 2023
Page 7
## **Sikh Association Kingston Notes to the Accounts for the year ended 31 March 2023**
|**7**
**_Tangible Fixed Assets_**
**Cost**
At 1 April 2022
Additions
Disposal
At 31 March 2023
**Depreciation**
At 1 April 2022
Charge for the year
At 31 March 2023
**Net Book Value**
At 31 March 2023
At 31 March 2022|**Equipments**
**Land &**
**Building**
**£**
**£**
13,370
428,780
-
37,480
-
13,370
466,260
4,813
-
2,139
-
6,952
-
6,418
466,260
8,557
428,780|**Total**
**£**
442,150
37,480
479,630
4,813
2,139
6,952
472,678
437,337|
|---|---|---|
## **10** _**Movement in Funds**_
|**Unrestricted funds**|**At 1 April 2022 Net Movements31 March 2023**
**in funds**
**£**
**£**|
|---|---|
|General Funds|537,775
30,692
568,467|
||537,775
30,692
568,467|
|Net movement in funds, included in the above are as follows:||
|**Unrestricted funds**|**Incoming**
**Resources**
**Movement in**
**resources**
**expended**
**Funds**
**£**
**£**
**£**|
|General Funds|122,820
(92,128)
30,692|
||122,820
(92,128)
30,692|
Page 8
## **Sikh Association Kingston Schedule to the Statement of Financial Activities for the year ended 31 March 2023**
|**Voluntary Income**
Unrestricted Funds: Building Funds
Unrestricted Funds: General Donations
Unrestricted Funds: Golak Donation
Unrestricted Funds: Karah Prasad and Ardas
Unrestricted Funds: Sukhmani Sahib & Akhand Path
**Investment Income**
Bank interest received (Gross)
**Total Incoming resources**
**_Resources Expended_**
**_Specific governance costs_**
**Employee costs:**
Granthi Sahib Bheta
Ragi Jathe and lecturers
**Premises Costs**
Rates, water and service charges
Light and heat
Depreciation
Premises repairs and renewals
Decoration
**General administrative expenses:**
Remuneration - Raagi Jatha and Pathees
Subscriptions
Cleaning & hygiene
Telephone
Bank charges and interest
Groceries and Langar
**Total governance costs after reallocation**|**2023**
**£**
-
61,099
44,613
-
17,108
122,820
-
122,820
-
11,402
8,337
19,739
365
12,594
2,139
21,777
1,277
38,152
4,161
-
555
29,521
34,237
**92,128**|**2022**
**£**
-
74,100
42,185
-
16,630
132,915
-
132,915
-
9,000
14,840
23,840
67
7,064
2,139
5,291
1,527
16,088
-
-
4,055
-
105
15,490
19,650
**59,578**|
|---|---|---|
The basis for the allocation of costs as shown above is explained in the accounting policies and the notes to the accounts.
Page 9
## **Sikh Association Kingston Independent Examiner's Report to the trustees of the charity**
## **Report of the Independent Examiner to the trustees of Sikh Association Kingston**
## **on the accounts of the Charity for the year ended 31 March 2023**
We report on the accounts of the Sikh Association Kingston Charity for the year ended 31st March 2023, which are set out on page 3 to 9.
This report is made solely to the Sikh Association Kingston's trustees, as a body, in accordance with section 6(4) the Charities Act 2011 ("Act"). My examination has been undertaken so that we might state to the trustees those matters we are required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Association and the Association's trustees as a body for my examination, for this report or for the opinions we have formed.
## **Respective responsibilities of trustees and examiner**
As the charity's trustees, you are responsible for the preparation of accounts. You consider that the audit requirement of section 6(4) of the Charities Act 2011 does not apply and that an independent examinations is required.
It is my responsibility to :
- examine the accounts under section 6(4) of the Act.
- to follow such procedures laid down in the General Directions given by the Charity Commissioners under section 6(4) of the 2011 Act
- to state whether particular matters have come to my attention.
## **Basis of opinion and scope of work undertaken**
We conducted our examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination. An independent examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the Statement of Recommended Practice issued by the Charity Commissioners for England & Wales (effective April 2005), on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently we do not express an audit opinion on the view given by the financial statements, and in particular, we express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity.
We planned and performed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.
## **Independent Examiner's Statement, report and opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination, no matter has come to my attention :
1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act; and to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the Act or of the Charities (Accounts and Reports) Regulations 2005 have not been met **or**
2) to which, in my opinion , attention should be drawn to enable a proper understanding of the accounts to be reached.
This report is in respect of an examination carried out under section 6 of the 2011 Act and in accordance with any directions given by the Commissioners under subsection (7)(b) of that section which are applicable.
## **JS Gulati & Co**
Chartered Accountants 4 Peter James Business Centre Pump Lane, Hayes UB3 3NT
Date : 21 August 2024
Page 10