||Page||
|---|---|---|
|Reference and AdminlstraHve<br>Details|||
|Report ofthe Tmstees|2 to|6|
|Trustees'<br>ResponsibRRY Stafement|||
|Report ofthe Independent<br>AudItors|8 to|10|
|Statement of Financial ActlvtRes|||
|Balance Sheet|12||
|Cash Flaw Statement|13||
|Notes lo the Cash Flow Statement|14||
|Notes fofhe Financial Statemenfs|15 Io|22|
|DelaUed Sfalement of Financial AcBvtRes|23 to|24|





## 

## 

|TRUSTEES|Sukhdev|Singh|Bansal||
|---|---|---|---|---|
||Balwant|Singh|Johal||
||Gurmail|Singh|Sadra||
||Raj Manvinder||Singh||
||Paramjit|Singh|Rai||
||Tajinder|Kaur Jagdev|||
||Mukhtiar|Singh|||
||Nirmal Singh (resigned|||31.10.22j|
|PRINCIPAL ADDRESS|106East|Park Road|||
||Evington||||
||Leicester||||
||LE54QB||||
|REGISTERED CHARITY NUMBER|505157||||
|AUDITORS|Fortus Audit<br>LLP||||
||Chartered<br>Accountants|||8, Statutory Auditor|
||31 High View Close||||
||Hamilton|Office Park|||
||Leicester||||
||Leicestershire||||
||LE4 9LJ||||





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## 

|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes||8|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations and legacies|||2|776,613|183,303|959,916|419,186|
|Other trading<br>activities|||3||||765|
|Other income|||4|59,415||59,415|82,532|
|Total||||836,028|183.303|1,019,331||
|EXPENDITURE ON||||||||
|Raising funds||||36.177||36,177|36,957|
|CharRable<br>acRvlHes||||||||
|Charitable<br>activities||||536,023||536,023|449,437|
|Support costs||||6,227||6.227|41,362|
|Governance||||20,119||20,119|6.098|
|Total||||598.546||598.546|533.854|
|NET INCOME/(EXPENDITURE)||||237,482|183,303|420,785|i31,371}|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds brought|forward|||2,870,459||2.870,459|2,901.830|
|TOTAL FUNDS CARRIED FORWARD||||3.107,941|183,303|3,291,244|2,870,459|





## 

|||2021|2020|
|---|---|---|---|
||Notes|E|E|
|FIXEDASSETS||||
|Tangible assets|12|2,486,422|2,577,148|
|CURRENT ASSETS||||
|Debtors|13|114,833|23.593|
|Cash at bank and in hand||1,268,399|332,058|
|||1,383.232|355,651|
|CREDITORS||||
|Amounts<br>falling due within one year|14|[99,234)|(12,340)|
|NET CURRENT ASSETS||1,283,998|343,311|
|TOTAL ASSETS LESS CURRENT LIABILITIES||3,770,420|2,920,459|
|CREDITORS||||
|Amounts<br>falling due after more than one||||
|year|15|(479,176)|(50,000)|
|NET ASSETS||3,291.244|2,870,459|
|FUNDS|18|||
|Unrestricted<br>funds||3,107,941|2,870,459|
|Restricted<br>funds||183,303||
|TOTAL FUNDS||3,291,244|2,870,459|





## 

## 

|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|E|E|
|Cash flows from operafing|actlvtHes|||||
|Cash generated<br>from operations|||I|481,405|132,019|
|Interest paid||||(12,427)|(5,673)|
|Net cash provided<br>by operating||activities||468,978|126,346|
|Cash flows from Investing|acthrlfies|||||
|Purchase of tangible<br>fixed assets||||(3,480)|(63,168)|
|Net cash used in investing|activities|||(3,480)|(63,168)|
|Cash flows from financing|acfivltles|||||
|New loans in year||||479,980|50,000|
|Loan repayments<br>in year||||(9,137)||
|Net cash provided<br>by financing||activities||470,843|50,000|
|Change<br>In cash and cash|equtvalenh||in|||
|the reporgng<br>period||||936,341|113,178|
|Cash and cash equivalents|atthe|||||
|beginning<br>otthe reporfing|period|||332,058|218,880|
|Cash and cash equivalents|atthe|end|of|||
|fhe reporfing<br>period||||1,268,399|332,058|





## 

||RECONCILIATION|RECONCILIATION|OF|NET INCOME/(EXPENDITURE)|NET INCOME/(EXPENDITURE)|NET INCOME/(EXPENDITURE)|TO NET CASH FLOW FROM|OPERATING|ACTIVITIES|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||S|E|
||Net Income/(expendEure)|||||for the reporEng period|(as per the|||
||Statement ot|Financial||ActlviEes)||||420.785|(31,371)|
||Ad)ustmenls|for.||||||||
||Depreciation|charges||||||94,206|96,900|
||Interest paid|||||||12,427|5,673|
||(Increase)/decrease|||in|debtors|||(91,240)|72,025|
||Increase/(decrease)|||in|creditors|||45,227|(11,208)|
||Net cash provided||by|operations||||481.405|132,019|
|2.|ANALYSIS OF|CHANGES|||IN|NET FUNDS||||
||||||||At 1.1.21|Cash flow|At 31.12.21|
||||||||E|S|E|
||Net cash|||||||||
||Cash at bank and||in hand||||332,058|936,341|1,268,399|
||||||||332.058|936.341|1.268.399|
||Debt|||||||||
||Debts falling|due|within||I|year||(41,667)|(41.667)|
||Debts falling|due|after||1 year||(50,000)|(429.176)|(479,176)|
||||||||(50,000)|[470,843)|(520,843)|
||Total||||||282,058|465,498|747,556|





## 

## 

## 

## 

## 



## 

## 

|1.|ACCOUNTING<br>POLICIES - continued|ACCOUNTING<br>POLICIES - continued|ACCOUNTING<br>POLICIES - continued|ACCOUNTING<br>POLICIES - continued|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Pension costs and other post-reUrement||||beneRls||||||||
||The charity operates|a defined||contribution||pension scheme.||Contributions||payable to the||charity's|
||pension scheme are charged|||to the|Statement||of Financial|Activities|in|the period to which<br>they|||
||relate.||||||||||||
||DONATIONS<br>AND LEGACIES||||||||||||
|||||||||||2021||2020|
|||||||||||||S|
||Charawa<br>box|||||||||282, 151|162,275||
||Donations and offerings|||||||||556,085|240,551||
||Giff Aid|||||||||121,680||16.360|
|||||||||||959.916|419,186||
|3.|OTHER TRADING ACTIVITIES||||||||||||
|||||||||||2021||2020|
|||||||||||||E|
||Rental Income|||||||||||765|
|4.|OTHER INCOME||||||||||||
|||||||||||2021||2020|
|||||||||||E|||
||Covid job retention|scheme||||||||54,415||69,732|
||Business rates grant|||||||||5,000||12.800|
|||||||||||59,415||82,532|
|5.|RAISING FUNDS||||||||||||
||Raising donaBons and legacies||||||||||||
|||||||||||2021|2020||
|||||||||||E||E|
||Staff costs|||||||||30,340||26,106|
||Printing, postage, stationery||and advertising|||||||2,032||6.660|
||Media costs|||||||||3,805||4,191|
|||||||||||36,177|36,957||





## 

## 

## 

|CHARITABLE ACTI|VITIES COS|TS||||
|---|---|---|---|---|---|
||||Direct|Support||
||||Costs (see|costs (see||
||||note 7)|note 8)|Totals|
||||E|E|E|
|Charitable<br>activities|||536,023||536,023|
|Support costs|||6,227||6,227|
|Governance||||20,119|20,119|
||||542,250|20,119|562,369|
|DIRECT COSTS OF|CHARITABLE ACTIVITIES|||||
|||||2021|2020|
||||||8|
|Staff costs||||162,575|178,868|
|Other operating|leases|||6,227|6,499|
|Rates and water||||6,046|993|
|Insurance||||9,420|10.502|
|Light and heat||||54.514|52,763|
|Telephone||||2,680|2,050|
|Repairs and maintenance||||39,118|20,871|
|Sundnes|||||860|
|Food and provisions||||54,156|52.890|
|Cleaning and pest control||||5,825|2,359|
|Punjabi school B,|library resources|||2,804|3,238|
|Transport<br>services||||11,229|(572)|
|Subscriptions<br>and|memberships|||75|176|
|Grants and donations - Institutions||||1,333|2,653|
|Security||||2,520||
|Special events and religious||functions||77,027|54,076|
|Depreciation||||94,206|96,900|
|Interest payable|and similar|charges||12,427|5.673|
|||||542,250|490.799|
|SUPPORT COSTS||||||
||||||Governance|
||||||costs|
||||||8|
|Governance|||||20,119|



## 



## 

## 

|Suppo|rt|costs, included<br>in the above, are as fol|lows:||
|---|---|---|---|---|
||||2021|2020|
|||||Total|
||||Governance|activities|
||||8|S|
|Auditors'||remuneration|4,800||
|Accountancy|||10.824|5.558|
|Legal|IL|professional|4,495|540|
||||20,119|6,098|



## 

## 

## 

## 

|STAFF|COS'TS|||
|---|---|---|---|
|||2021|2020|
|Wages|and salaries|183,348|195,369|
|Social|security costs|6,454|6,636|
|Other|pension costs|3,113|2,969|
|||192,915|204,974|



|||2021|2020|
|---|---|---|---|
|Priests|(Gianis)|5|4|
|Other||9|20|
|||14|24|



## 

|COMPARATIVE|S<br>FOR THE STA|TEMENT OF FINANCIAL ACTIVITIES||
|---|---|---|---|
||||Unrestricted|
||||fund|
||||E|
|INCOME AND|ENDOWMENTS|FROM||
|Donations and legacies|||419,186|
|Other trading|activities||765|
|Other income|||82,532|
|Total|||502,483|
|EXPENDITURE ON||||
|Raising funds|||36,957|





## 

|COMPARATIVES<br>FOR|THE STATEMENT OF FINANCIAL ACTIVITIES|- continued|
|---|---|---|
|||Unrestricted|
|||fund|
|Charitable<br>acNvtNes|||
|Charitable<br>activities||449,437|
|Support costs||41,362|
|Governance||6,098|
|Total||533,854|
|NET INCOME/(EXPENDITURE)||(31,371t|
|RECONCILIATION<br>OF FUNDS|||
|Total funds brought|forward|2,901,830|
|TOTAL FUNDS CARRIED FORWARD||2,870,459|



## 

## 

|TANGIBLE FIXED ASSETS||||||
|---|---|---|---|---|---|
||Freehold|Fixtures||||
||land 8|and|Motor|Solar||
||buildings|fittings|vehicles|panels|Totals|
||S|E|E|8||
|COST||||||
|At I January<br>2021|3.255,501|603,285|47.737|122,904|4,029,427|
|Additions||3,480|||3,480|
|At 31 December 2021|3,255.501|606,765|47,737|122,904|4,032,907|
|DEPRECIATION||||||
|At 1 January<br>2021|879,027|481,270|47,737|44,245|1,452,279|
|Charge for year|60.463|28,827||4,916|94.206|
|At 31 December 2021|939,490|510,097|47,737|49,161|1,546,485|
|NET BOOK VALUE||||||
|At 31 December 2021|2,316,011|96.668||73,743|2,486,422|
|At 31 December 2020|2,376,474|122,015||78,659|2,577,148|





## 

|13.|DEBTORS: AMOUNTS|DEBTORS: AMOUNTS|FALLING DUE WITHIN|FALLING DUE WITHIN|FALLING DUE WITHIN|ONE YEAR||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||8|8|
||Other debtors|||||||109,073|16.298|
||Prepayments|and accrued income||||||5,760|7.295|
|||||||||114,833|23.593|
|14.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||
|||||||||2021|2020|
||||||||||S|
||Bank loans and overdraffs||||(see note 16)|||41,667||
||Trade creditor,|||||||9,821||
||Social security|and other taxes||||||3,504|2.443|
||Wage control|||||||13,362||
||Other creditors|||||||1,000|1,190|
||Accruals and|deferred||income||||29,880|8.707|
|||||||||99.234|12,340|
|15.|CREDITORS: AMOUNTS|||FALLING DUE AFTER MORE THAN ONE|||YEAR|||
|||||||||2021|2020|
|||||||||8|E|
||Bank loans (see note|||16)||||479,176|50.000|
|16.|LOANS|||||||||
||An analysis of|the maturity|||ofloans is given below:|||||
|||||||||2021|2020|
|||||||||E|E|
||Amounts<br>falling due||within||one year on demand:|||||
||Bank loans|||||||41,667||
||Amounts<br>falling due||between two and five years:|||||||
||Bank loans - 2-5years|||||||479,176|50,000|
|17.|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||||||
|||||||||2021|2020|
|||||||Unrestricted|Restricted|Total|Total|
|||||||fund|fund|funds|funds|
|||||||8|S|E|5|
||Fixed assets|||||2486,422||2,486,422|2,577,148|
||Current assets|||||1,199,929|183.303|1,383,232|355,651|
||Current<br>liabilities|||||(99,234)||(99,234)|(12,340)|
||Long term liabilities|||||(479,176)||[479,176)|(50,000)|
|||||||3,107.941|183,303|3,291,244|2,870,459|





## 

|18.|MOVEMENT<br>IN|FUNDS||||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
||||||At 1.1.21|in funds|31.12.21|
|||||||E|E|
||Unrestricted<br>funds|||||||
||General<br>fund||||2,870,459|237,482|3,107,941|
||Restricted funds|||||||
||Building<br>fund|||||183,303|183,303|
||TOTAL FUNDS||||2,870,459|420,785|3,291,244|
||Net movement|in funds, included||in the above|are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E|F.|S|
||Unrestricted<br>funds|||||||
||General<br>fund||||836,028|(598,546)|237,482|
||Restricted funds|||||||
||Building fund||||183,303||183.303|
||TOTAL FUNDS||||1,019,331|(598,546)|420,785|
||Comparalives<br>for movement||in funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.20|in funds|31.12.20|
|||||||E|E|
||Unrestricted<br>funds|||||||
||General<br>fund||||2,901,830|(31,371)|2.870,459|
||TOTAL FUNDS||||2,901,830|(31,371)|2,870,459|
||Comparative<br>net movement||in funds, included||in the above are as follows:|||
||||||incoming|Resources|Movement|
||||||resources|expended|in funds|
|||||||5|E|
||Unrestricted<br>funds|||||||
||General<br>fund||||502,483|(533,854)|(31,371)|
||TOTAL FUNDS||||502,483|(533,854)|(31,371)|





## 

|A current ye|ar 12months and prior yea|r 12months combined<br>position<br>is|as follows:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.20|in funds|31.12.21|
|||E|S|E|
|Unrestricted|funds||||
|General<br>fund||2,901,830|206,111|3,107,941|
|Restricted funds|||||
|Building fund|||183,303|183,303|
|TOTAL FUNDS||2.901,830|389,414|3,291,244|



|the above a|<br>re as follows:|<br><br>||,|
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||||S|
|Unreslricted|funds||||
|General<br>fund||1,338,511|(1,132,400)|206,111|
|Restricted funds|||||
|Building<br>fund||183,303||183,303|
|1'OTAL FUNDS||1,521,814|(1,132,4m)|389,414|



## 

## 



## 

||||2021|2020|
|---|---|---|---|---|
||||E|E|
|INCOME AND ENDOWMENTS|||||
|Donations<br>and legacies|||||
|Charawa<br>box|||282,151|162,275|
|Donations<br>and offerings|||556,085|240,551|
|Giff Aid|||121,680|16,360|
||||959,916|419,186|
|Other trading<br>acfivifies|||||
|Rental Income||||765|
|Other Income|||||
|Covid job retention scheme|||54,415|69,732|
|Business rates grant|||5.000|12,800|
||||59,415|82,532|
|Total Incoming<br>resources|||1,019,331|502,483|
|EXPENDITURE|||||
|Raising donations<br>and|legacies||||
|Administrative<br>staff salaries|||30.340|26,106|
|Printing, postage, stationery||and advertising|2,032|6,660|
|Media costs|||3,805|4,191|
||||36.177|36,957|
|Charitable<br>acfivNes|||||
|Wages|||153.008|169,263|
|Social security|||6,454|6,636|
|Pensions|||3,113|2,969|
|Other operating<br>leases|||6,227|6,499|
|Rates and water|||6.046|993|
|Insurance|||9,420|10,502|
|Light and heat|||54,514|52,763|
|Telephone|||2,680|2.050|
|Repairs and maintenance|||39.118|20,871|
|Sundries|||68|860|
|Food and provisions|||54,156|52,890|
|Cleaning and pest control|||5,825|2,359|
|Punjabi school 8 library resources|||2.804|3,238|
|Transport<br>services|||11.229|j572j|
|Subscriptions<br>and memberships|||75|176|
|Grants and donations|—Institutions||1,333|2,653|
|Security|||2.520||
|Special events and religious||functions|77,027|54,076|
|Depreciation<br>charge|||94.206|96.900|
|Carried forward|||529.823|485,126|





## 

||2021|2020|
|---|---|---|
||B|B|
|Charitable<br>actlvNes|||
|Brought forward|529,823|485.126|
|Bank loan interest|2,942||
|Bank charges|9,485|5,673|
||542,250|490,799|
|Support cosls|||
|Governance<br>costs|||
|Auditors'<br>remuneration|4,800||
|Accountancy|10,824|5.558|
|Legal<br>ILprofessional|4,495|540|
||20,119|6,098|
|Total resources expended|598,546|533,854|
|Net Income/(expendRure)|420,785|(31,371)|