||Page||
|---|---|---|
|Reference and Administrative<br>Details|||
|Report ofthe Trustees|2 to|6|
|Trustees'<br>Responsibility<br>Statement|||
|Report ofthe Independent<br>Auditors|8 to|10|
|Statement ofFinancial Activities|||
|Balance Sheet|12||
|Cash Flow Statement|13||
|Notes fothe Cash Flow Statement|14||
|Notes to the Financial Statements|15 to|22|
|Detailed Statement ofFinancial Activities|23 Io|24|





## 

## 

|TRUSTEES|Sukhdev|Sing h|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|TC Group|||
||31 High View Close|||
||Hamilton|Office Park||
||Leicester|||
||Leicestershire|||
||LE4 9LJ|||





## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 



## 



## 



## 

## 



## 

||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|fund|funds|funds|
|||||Notes|||K|E|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations and legacies|||||884,852|164,505|1,049,357|959,916|
|Other income||||||||59,415|
|Total|||||884,852|164,505|1,049,357|1,019,331|
|EXPENDITURE ON|||||||||
|Raising funds|||||43,223||43.223|36,177|
|Charitable<br>activities|||||||||
|Charitable<br>activities|||||739,744||739,744|536,023|
|Support costs|||||731||731|6,227|
|Governance|||||22,558||22,558|20,119|
|Total|||||806,256||806,256|598,546|
|NET INCOME|||||78,596|164.505|243,101|420,785|
|RECONCILIATION|OF FUNDS||||||||
|Total funds brought||forward|||3,107,941|183,303|3,291,244|2,870,459|
|TOTAL FUNDS CARRIED FORWARD|||||3,186,537|347,808|3,534,345|3,291,244|





## 

## 

|||BALANCE SHEET|||
|---|---|---|---|---|
|||31 December 2022|||
||||2022|2021|
|||Notes|E|E|
|FIXED ASSETS|||||
|Tangible assets|||3,356,093|2,486,422|
|CURRENT ASSETS|||||
|Debtors||12|55,509|114,833|
|Cash at bank and|in hand||705,044|1,268,399|
||||760,553|1,383,232|
|CREDITORS|||||
|Amounts<br>falling due within one year||13|(123,304)|(99,234)|
|NET CURRENT ASSETS|||637,249|1,283,998|
|TOTAL ASSETS LESS|CURRENT LIABILITIES||3,993,342|3,770,420|
|CREDITORS|||||
|Amounts<br>falling due after more than one|||||
|year|||(458,997)|(479,176)|
|NET ASSETS|||3,534,345|3,291,244|
|FUNDS||17|||
|Unrestricted<br>funds|||3,186,537|3,107,941|
|Restricted funds|||347,808|183.303|
|TOTAL FUNDS|||3,534,345|3,291,244|





## 

|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Notes|||
|Cash flows from operating||actlviTies||||||
|Cash generated<br>from operations|||||I|476.532|481 404|
|Interest paid||||||(27,010)|(12,427)|
|Net cash provided<br>by operating|||activities|||449.522|468,977|
|Cash flows from investing|achvihes|||||||
|Purchase oftangible<br>fixed||assets||||(979,817)|(3,480)|
|Net cash used<br>in investing||activities||||(979,817)|(3,480)|
|Cash flows from financing||activities||||||
|New loans in year|||||||479,980|
|Loan repayments<br>in year||||||(33,060)|(9,136)|
|Net cash (used in)/provided||by financing|||activities|(33,060)|470.844|
|Change<br>in cash and cash||equivalents||in||||
|the reporgng<br>period||||||(563.355)|936,341|
|Cash and cash equivalents||at the||||||
|beginning<br>ofthe reporting||period||||1,268,399|332,058|
|Cash and cash equivalents||at the|end|of||||
|the reporling<br>period||||||705,044|1,268,399|





## 

||RECONCILIATION<br>OF|RECONCILIATION<br>OF|NET INCOME TO NET CASH FLOW FROM|NET INCOME TO NET CASH FLOW FROM|NET INCOME TO NET CASH FLOW FROM|OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||Net Income for the|reporting|||period (as per the Statement of||||
||Financial<br>AcRvilies)||||||243,101|420,785|
||Adjustments<br>for:||||||||
||Depreciation<br>charges||||||110,146|94.206|
||Interest paid||||||27,010|12,427|
||Decrease/(increase)||in|debtors|||59,324|(91,240)|
||Increase<br>in creditors||||||36,951|45,226|
||Net cash provIded|by operations|||||476,532|481,404|
|2.|ANALYSIS OF CHANGES|||IN NET FUNDS|||||
|||||||At 1.1.22|Cash flow|At 31.12.22|
|||||||E||E|
||Net cash||||||||
||Cash at bank andin||hand|||1,268,399|(563,355)|705,044|
|||||||1,268,399|(563.355)|705,044|
||Debt||||||||
||Debts falling due within|||1 year||(41,667)|12,881|(28,786)|
||Debts falling due after<br>1 year|||||(479,176)|20,179|(458,997)|
|||||||(520,843)|33,060|(487,783)|
||Total|||||747,556|(530,295)|217,261|





## 



## 

## 

## 

||DONATION|S<br>AND LEGACIES||||
|---|---|---|---|---|---|
|||||2022|2021|
||Charawa|box||431,909|282,151|
||Donations|and offerings||534,056|556,085|
||Gift Aid|||83,392|121,680|
|||||1,049,357|959,916|
|3.|OTHER INCOME|||||
|||||2022|2021|
|||||5||
||Covid job|retention scheme|||54,415|
||Business rates grant||||5,000|
||||||59,415|
||RAISING FUNDS|||||
||Raising donations and legacies|||||
|||||2022|2021|
|||||E||
||Staff costs|||33.036|30,340|
||Printing, postage, stationery and advertising|||5,386|2,032|
||Media costs|||4,801|3,805|
|||||43,223|36,177|
|5.|CHARITABLE ACTIVITIES COSTS|||||
||||Direct|Support||
||||Costs (see|costs (see||
||||note 6)|note 7)|Totals|
|||||K||
||Chariitable|activities|739,744||739,744|
||Support costs||731||731|
||Governance|||22,558|22,558|
||||740,475|22,558|763,033|





## 

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## 

## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|Staff costs||||200,711|162,575|
|Other operating|leases|||6,809|6,227|
|Rates and water||||16,346|6,046|
|Insurance||||9,978|9,420|
|Light and heat||||35,286|54,514|
|Telephone||||2,786|2,680|
|Repairs and maintenance||||16,680|39,118|
|SundRies||||941|68|
|Food and provisions||||151,918|54,156|
|Cleaning and pest control||||8,932|5,825|
|Punjabi school<br>IL|library||resources|6,508|2,804|
|Transport services||||9,921|11,229|
|Subscriptions<br>and|memberships||||75|
|Grants and donations||-|Institutions|19,140|1,333|
|Security||||4,855|2,520|
|Special events and religious functions||||112,508|77,027|
|Depreciation||||110,146|94,206|
|Interest payable|and similar charges|||27,010|12,427|
|||||740,475|542,250|
|SUPPORT COSTS||||||
||||||Governance|
||||||costs|
|Governance|||||22,558|
|Support costs, included|||in the above, are as follows;|||
|||||2022|2021|
||||||Total|
|||||Governance|activities|
|||||K|E|
|Auditors'<br>remuneration||||7,200|6,600|
|Accountancy||||4,893|9.024|
|Legal B,professional||||10,465|4.495|
|||||22,558|20,119|



## 

## 



## 

## 

## 

|9.|STAFF COSTS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
|||||||||||F.||
||Wages and salaries|||||||||222,015|183,348|
||Social security||costs|||||||8,155|6,454|
||Other pension||costs|||||||3,577|3,113|
|||||||||||233,747|192,915|
||The average|monthly|||number|ofemployees||during|the year was as follows:|||
|||||||||||2022|2021|
||Priests (Gianis)|||||||||5|5|
||Other|||||||||14|9|
|||||||||||19|14|
||No employees||received emoluments||||in excess ofE60,000.|||||
|10.|COMPARATIVES||FOR THE STATEMENT||||OF FINANCIAL||ACTIVITIES|||
||||||||||Unrestricted|Restricted|Total|
||||||||||fund|fund|funds|
||INCOME AND|ENDOWMENTS||||FROM||||||
||Donations and||legacies||||||776,613|183,303|959,916|
||Other income||||||||59,415||59,415|
||Total||||||||836,028|183,303|1,019,331|
||EXPENDITURE ON|||||||||||
||Raising funds||||||||36,177||36.177|
||Charitable<br>activities|||||||||||
||Charitable<br>activities||||||||536,023||536,023|
||Support costs||||||||6,227||6,227|
||Governance||||||||20,119||20,119|
||Total||||||||598,546||598,546|
||NET INCOME||||||||237,482|183,303|420,785|
||RECONCILIATION<br>OF FUNDS|||||||||||
||Total funds brought|||forward|||||2,870,459||2,870,459|
||TOTAL FUNDS CARRIED FORWARD||||||||3,107,941|183,303|3,291,244|





## 

## 

## 

## 

|11.|TANGIBLE FIXEDAS|SET|S|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Freehold|Fixtures||||
||||||land 8,|and|Moto i'|Solar||
||||||buildings|fittings|vehicles|panels|Totals|
||||||8|||E|8|
||COST|||||||||
||At I January 2022||||3,255,501|606,765|47,737|122,904|4,032,907|
||Additions||||942,157|10,600||27,060|979,817|
||At 31 December 2022||||4,197,658|617,365|47,737|149,964|5,012,724|
||DEPRECIAIION|||||||||
||At I January 2022||||939,490|510,097|47,737|49,161|1,546,485|
||Charge foryear||||79,306|25,293||5,547|110,146|
||At 31 December 2022||||1,018,796|535,390|47,737|54,708|1,656,631|
||NET BOOK VALUE|||||||||
||At 31 December 2022||||3,178.862|81,975||95,256|3,356,093|
||At 31 December 2021||||2,316,011|96,668||73,743|2,486,422|
|12.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||||||
|||||||||2022|2021|
||Other debtors|||||||49,103|109,073|
||Prepayments<br>and accrued income|||||||6,406|5,760|
|||||||||55,509|114,833|
|13.|CREDITORS: AMOUNTS||FALLING||DUE WITHIN ONE YEAR|||||
|||||||||2022|2021|
|||||||||8|8|
||Bank loans and overdrafts|||(see|note 15)|||28,786|41,667|
||Trade creditors|||||||56,280|9,821|
||Social security and|other taxes||||||6,001|3,504|
||Wage control|||||||15,135|13,362|
||Other creditors|||||||968|1,000|
||Accruals and deferred||income|||||16,134|29,880|
|||||||||123,304|99,234|





## 

|14.|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALI.ING DUE AFTER MORE|FALI.ING DUE AFTER MORE|FALI.ING DUE AFTER MORE|FALI.ING DUE AFTER MORE|THAN ONE|YEAR|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
|||||||||||E|
||Bank loans|(see note|15)||||||458,997|479,176|
|15.|LOANS||||||||||
||An analysis|ofthe maturity||of|loans is given|below..|||||
||||||||||2022|2021|
||||||||||E|E|
||Amounts<br>falling due within|||one year on demand:|||||||
||Bank loans||||||||28,786|41,667|
||Amounts<br>falling due between||||two and five years:||||||
||Bank loans|—2-5years|||||||458,997|479,176|
|16.|ANALYSIS OF NET ASSETS BETWEEN FUNDS||||||||||
||||||||||2021|2020|
|||||||Unrestricted||Restriicted|Total|Total|
|||||||fund||fund|funds|funds|
||||||||E|E|E|E|
||Fixed assets|||||2,486,422|||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|
|17.|MOVEMENT|IN FUNDS|||||||||
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.1.22|in funds|31.12.22|
||||||||||K||
||Unrestricted|funds|||||||||
||General fund|||||||3,107,941|78,596|3,186.537|
||ResMcted funds||||||||||
||Building fund|||||||183,303|164,505|347,808|
||'TOTAL FUNDS|||||||3,291,244|243,101|3,534,345|





## 

## 

|Net moveme|nt<br>in funds, incl|uded<br>in the above|are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|F.||
|Unrestricted|funds|||||
|General fund|||884,852|(806,256)|78,596|
|Reslricted funds||||||
|Building fund|||164,505||I64,505|
|TOTAL FUNDS|||1,049,357|(806,256)|243,101|
|ComparaUves|for movemenf|ln funds||||
|||||Net||
|||||movement|AI|
||||At 1.1.21|in funds|31.12.21|
|||||E|E|
|Unrestricted<br>funds||||||
|General fund|||2,870,459|237,482|3,107,941|
|ResMcted funds||||||
|Building fund||||183,303|183,303|
|TOTAL FUNDS|||2,870,459|420,785|3,291,244|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|||||E|E|
|Unrestricted<br>funds||||||
|General fund|||836,028|(598,546)|237,482|
|Restricted funds||||||
|Building fund|||||183,303|
|TOTAL FUNDS|||1,019,331|(598,546)|420,785|





## 

## 

|A current ye|ar 12months and prior year|12months combined<br>position<br>is as|follows:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.21|in funds|31.12.22|
||||E|E|
|Unrestricted|funds||||
|General fund||2,870,459|316,078|3,186,537|
|Restricted funds|||||
|Building fund|||347,808|347,808|
|TOTAL FUNDS||2,870,459|663,886|3,534.345|



|the above a|<br>re as follows:|<br><br>||,<br>|
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
||||E||
|Unrestricted|funds||||
|General fund||1,720,880|(1,404,802(|316,078|
|Restricted funds|||||
|Building fund||347,808||347,808|
|TOTAL FUNDS||2,068,688|(1,404,802j|663,886|



## 

## 



## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
||||||fi,|
|INCOME AND|ENDOWMENTS|||||
|Donations and|legacies|||||
|Charawa<br>box||||431,909|282,151|
|Donations and|offerings|||534,056|556,085|
|Gift Aid||||83,392|121,680|
|||||1,049,357|959,916|
|Other income||||||
|Covid job retention scheme|||||54,415|
|Business rates grant|||||5,000|
||||||59,415|
|Total Incoming|resources|||1,049,357|1,019,331|
|EXPENDII'URE||||||
|Raising donafions||and|legacies|||
|Administrative|staff salaries|||33,036|30,340|
|Printing, postage,||stationery and advertising||5,386|2,032|
|Media costs||||4,801|3,805|
|||||43,223|36,177|
|Charitable<br>acffviRes||||||
|Wages||||188,979|153,008|
|Social security||||8,155|6,454|
|Pensions||||3,577|3,113|
|Other operating||leases||6,809|6,227|
|Rates and water||||16,346|6,046|
|Insurance||||9,978|9,420|
|Light and heat||||35,286|54,514|
|Telephone||||2,786|2,680|
|Repairs and maintenance||||16,680|39,118|
|Sundries||||941|68|
|Food and provisions||||151,918|54,156|
|Cleaning and|pest control|||8,932|5,825|
|Punjabi school|B.|library|resources|6,508|2,804|
|Transport<br>services||||9,921|11,229|
|Subscriptions<br>and||memberships|||75|
|Grants and donations|||- Institutions|19,140|1,333|
|Security||||4,855|2,520|
|Special events|and religious functions|||112,508|77,027|
|Depreciation<br>charge||||110.146|94,206|
|Bank loan interest||||21 402|2,942|
|Bank charges||||5,608|9,485|
|||||740,475|542,250|





## 

|||2022|2021|
|---|---|---|---|
|||E||
|Supportcosts||||
|Governance|costs|||
|Auditors'<br>remuneration||7,200|6.600|
|Accountancy||4,893|9.024|
|Legal B,professional||10,465|4.495|
|||22,558|20,119|
|Total resources|expended|806,256|598,546|
|Net income||243,101|420,785|