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2020-12-31-accounts

Page
Report olthe Trustees I to 4
Independent
Examiner's		 Report
Statement ot FinancIal AcgvBies
Balance Sheet
Cash Flow Statemenl
Notes tothe Cash Flow Statement
Notes toIhe Financial Statements 10 to 15
DetaUed Statement al Financial ActlvBies 16 to 17

2020 2019
Unrestricted Total
fund funds
Notes F, 8
INCOME AND ENDOWMENTS FROM
Donations and legacies 419,186 723.202
CharRable calvities
Charawa
box income		 35,745
School fee income 5,625
Other trading
activities		 765 15.000
Other income 82,532
Total 502,483 779,572
EXPENDITURE ON
Raising funds 36.957 37,41I
Charitable
activities
Charitable
activities		 321,719
Support costs 496,897 355,347
Governance 6,714
Total 533.854 721.191
NET INCOME/(EXPENDITURE) (31,371) 58,381
RECONCILIA'IION
OF FUNDS
Total funds brougM forward 2,901,830 2,843,449
TOTAL FUNDS CARRIED FORWARD 2,870.459 2.901,830

2020 2019
UnrestHicted Total
fund funds
Note&
FIXEDASSETS
Tangible assets 12 2,577,149 2,610,880
CURRENT ASSETS
Debtors 13 23,593 95,618
Cash at bank and in hand 332,058 218,880
355,651 314,498
CREDITORS
Amounts
falling due within		 one year 14 (12341( (23,548(
NET CURRENT
ASSETS		 343,310 290,950
TOTAL ASSETS LESS CURRENT LIABILITIES 2920,459 2,901,830
CREDITORS
Amounts
falling due after		 more than one year 15 (50,000(
NET ASSETS 2,870,459 2,901.830
FUNDS 16
unrestricted
funds		 2,870,459 2,901,830
TOTAL FUNDS 2,870,459 2,901,830
The financial
statements		 were approved by the Board of Trustees and authorised for issue on ...........LI.!~/?..................... and
were signed on its behalf by:

2020 2019
Notes E
Cash Rows from operating acHvlties
Cash generated
from operations		 182.010 119,861
Interest paid (5.664) (4,595)
Net cash provided
by operating
activities		 176.346 115,266
Cash Rows from invading actlvlHes
Purchase oftangible
fixed		 assets i63,168) (175,529)
Net cash used
in investing		 activities (63,168) (175.529)
Change
In cash and cash		 equivalents in the
reporHng
period		 113,178 (60,263)
Cash and cash equivalenh atthe beginning of
the reporting
period		 218.880 279,143
Cash and cash equivalents atthe end ofthe
reporHng
period		 332,058 218.880

RECONCILIATION
OF		 NET (EXPENDITURE)/INCOME (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020 2019
F.
Nel (expendRure)/Income forthe reporHing period (as per the Statement of
Financial AcUvRles) (31,371) 58,381
Adfustmenh
for:
Depreciation
charges		 96,900 97,780
Interest paid 5,664 4,595
Decrease/(increase) in debtors 72,024 (29,924)
Increase/(decrease) in creditors 38,793 (10,971)
Nel cash provided
by operations		 182,010 119,861
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.20 Cash flow At 31.12.20
Net cash
Cash ai bank and in hand 218,880 113,178 332,058
218,880 113.178 332,058
Total 218,880 113,178 332,058

Depreciation
is provided at the fo		 llowing annual
r		 ates in order Iowrite offeach asset over its est
Freehold land 3, buildings Straight line over I year and Straight line over 12years
Fixtures and fittings 10%on cost
Motor vehicles 15%on cps i
Solar panels 25%on cost

Furlher explanation
ofthe nature and p		 Furlher explanation
ofthe nature and p		 Furlher explanation
ofthe nature and p		 urpose ofea urpose ofea ch fund
is		 included
in t		 he notes to the financial st atements .
Pension costs and other post-reffrement beneflb
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme
are charged to the Statement ofFinancial Activities in the period to which they relate.
DONATIONS
AND LEGACIES
2020 2019
8 5
Charawa box 162,275 357,448
Afiocated to income from chaiitable activities (35.745(
Donations and offeriings 240.551 349.591
Allocated to rental income (6,000(
Gift Aid tax reclaimed 16,360 57.908
419,186 723,202

3. OTHER TRADING ACTIVITIES
2020 2019
E
Rental Income 765 6,000
Rent from day centre 9,000
765 15,000
INCOME FROM CHARITABLE ACTIVITIES
2020 2019
Activity S
Allocated Charawa box
income Charawa box income 35.745
School fee income School fee income 5,625
41,370
RAISING FUNDS
Raising donaffons and legacies
2020 2019
Staff costs 26,106 27,397
Printing, postage, stationery and advertising 6,660 7,113
Media costs 4, 191 2.901
36,957 37,411
A CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 7) note 8) Totals
Supporlcosts 490.799 6,098 496.897
DIRECT COSTS OF CHARITABLE ACTIVITIES
2020 2019
E 5
Staff costs 178.868 106,215
Insurance 10.502 8.900
Light and heat 52,763 69,778
Telephone 2.050 5.190
Food and provisions 52,890 104,376
Punjabi school IS Tbrary resources 1,268 16,383
Transport
services		 (572) 14.539
Subscriptions
and memberships		 176 1.022
Grants and donaffons
—Institutions		 2,653 18,387
Support costs 34,863 139,334
Special events and religious functions 52,774 90.567
Depreciation 96,900 97,780
Interest payable and similar charges 5,664 4,595
490,799 677,066

SUPPORT COSTS
Governance
costs
E
Support costs 6,098
Support costs, included in the abave, are as follows:
2020 2019
Support Total
costs activities
E
Accountancy 5,558 6,714
Legal 3,professional 540
6,098 6,714

STAFF COSTS
2020 2019
E,
Wages and salaries 195,369 128,340
Social security costs 6,636 3,734
Other pension costs 2,969 1,538
204,974 133.612
The average monthly number ofemployees during the year was as follows:
2020 2019
Priests fGianisj 4 5
Other 20 16
24 21
No employees received emoluments in excess ofE60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestdicted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies 723,202
CharHable
activities
Charawa
box income		 35,745
School fee income 5,625
Other trading activities 15,000
Total 779,572
EXPENDITURE ON
Raising funds 37,41 I

COMPARATIVES F OR THE STATEMENT OF FINA NCIAL AC TIVITIES - conh nued
Unrestricted
fund
Charitable
achvUies
Charitable
activities		 321,719
Support costs 355.347
Governance 6,714
Total 721,191
NET INCOME 58.381
RECONCILIATION OF FUNDS
Total funds brouUht forward 2,843,449
TOTAL FUNDS CARRIED FORWARD 2,901,830
TANGIBLE FIXEDASSETS
Freehold Fixtures
land 8, artd Motor Solar
buildings fittings vehicles panels Totals
E F,
COST
At
1 January 2020		 3,198.499 597.120 47,737 122,904 3,966,260
Additions 57.003 6,165 63,168
At 31 December 2020 3,255,502 603.285 47,737 122,904 4,029,428
DEPRECIATION
Atl January2020 818,936 449,378 47,737 39,329 1,355,380
Charge foryear 60,091 31,892 4,916 96,899
At 31 December 2020 879.027 481,270 47,737 44,245 1,452,279
NET BOOK VALUE
At 31 December 2020 2,376,475 122,015 78,659 2,577,149
At 31 December 2019 2,379,563 147.742 83,575 2,610,880
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
F,
Other debtors 16,298 87,908
Prepayments
and		 accrued income 7,295 7.710
23,593 95.618

14. CREDITORS: A MOUNTS FALLIN G D UE WITHIN ONE YEAR
2020 2019
8
Trade creditors 7,761
Taxation and social securitv 2,443 2,709
Other creditors 9,898 13,078
12,341
15. CREDITORS: ANIOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2020 2019
5 8
Other creditors 50.000
16. MOVEMENT IN FUNDS
Net
movement At
At 1.1.20 in funds 31.12.20
8
Unrestricted
funds
General fund 2,901,830 (31,371) 2,870,459
TOTAL FUNDS 2,901,830 (31,371) 2,870,459
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
Genera
I fund		 (533,854) (31,371)
TO'TAL FUNDS (533,854) (31,371)
Comparatives for movement in funds
Net
movement At
At 1.1.19 in funds 31.12.19
5
Unrestricted
funds
General fund 2,843,449 58,381 2901,830
TOTAL FUNDS 2.843,449 58,381 2,901.830
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E 5
Unrestricted
funds
General fund 779,572 (721,191) 58,381
TOTAL FUNDS 779,572 (721,191) 58,381

A current ye ar 12months and prior year 12m onths combined
position
is as fotows;
Net
movement At
At 1.1,19 in funds 31.12.20
E R
Unrestrlcfed funds
General fund 2,843,449 27,010 2,870,459
TOTAL FUNDS 2,843,449 27,010 2,870,459
Incoming Resources Movement
resources expended in funds
5
Unrestricted funds
Genera I fund 1,282,055 (1,255.045i 27,010
TOTALFUNDS 1,282055 i1,255,0451 27,010

2020 2019
8
INCOME AND ENDOWMENTS
Donations and legacies
Charawa
box		 162,275 357,443
Allocated to income from charitable activities (35,745i
Donations and offeffings 240,551 349,591
Allocated to rental income f6,000i
Gift Aid tax reclaimed 16,360 57,908
419,186 723,202
Other trading
octivities
Rental Income 765 6,000
Rent from day centre 9,000
15,000
CharRable
octlvitles
Allocated Charawa box income 35,745
School fee income 5,625
41,370
Other Income
Covid job retention scheme 69,732
Business rates grant 12,800
82,532
Total Incoming resources 502483 779,572
EXPENDITURE
Raising donations
and		 legacies
Administrative
staff salaffies		 26,106 27,397
Pdnting, postage. stationery and advertising 6.660 7,113
Media costs 4, 191 2.901
36,957 37,41 I
Charitable
activities
Wages 169,263 110,943
Social secudty 6,636 3,734
Pensions 2,969 1,538
Insurance 10.502 8.900
Light and heat 52,763 69.778
Telephone 2.050 5,190
Food and provisions
Punjabi school 8library resources		 52.890
1,268		 104.376
16,383
Tran sporl services (572) 14,539
Subscriptions
and memberships		 176 1,022
Grants and donations —Institutions 2653 18,387
Support costs 34,863 139,334
Special events and religious functions 52,774 90,567
Depreciation
charge		 96,900 97,780
Bank charges 5664 4,595
490,799 677,066

2020 2019
Sopportcosts
Governance costs
Accountancy 5,558 6,714
Legal 8, professional 540
6,098 6,714
Total resources expended 533,854 721,191
Net (expenditure)/income (31,371) 58,381