## ||Page|Page|| |---|---|---|---| |Report ofthe Trustees|1|to|6| |Report ofthe Independent
Auditors|7|to|9| |Statement of Financial Activities||10|| |Balance Sheet|||| |Cash Flow Statement||12|| |Notes to the Cash Plow Statement||13|| |Notes to the Financial Statements|14|to|20| |Detailed Statement ofFinancial Activities|21|to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2020|2019| |---|---|---|---|---|---| |||||Unrestricted|Total| ||||Notes|fundf|funds| |INCOME
Donations|AND ENDOWMENTS FROM
and legacies|||299,159|568,517| |Investment|income|||14,700|11,400| |Total||||313,859|579,917| |EXPENDITURE ON
Raising funds||||227,279|433,172| |Charitable
General|activities|||16,790|19,595| |Other||||28,160|29,865| |Total||||272,229|482,632| |NET INCOME||||41,630|97,285| |RECONCILIATION||OFFUNDS|||| |Total funds brought||forward||4,331,379|4,234,094| |TOTAL|FUNDS CARRIED FORWARD|||4,373,009|4,331,379| ## |||2020|2019| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes||8| |FIXEDASSETS
Tangible assets||4,565,940|4,580,753| |CURRENT ASSETS
Debtors
Cash at bank and in hand|10|33,303
159,622|63,262
113,741| |||192,925|177,003| |CREDITORS
Amounts
falling due within one year||(32,113)|(69,173)| |NET CURRENT ASSETS||160,812|107,830| |TOTAL ASSETS LESSCURRENT
LIABILITIES||4,726,752|4,688,583| |CREDITORS
Amounts
falling due after more than one year|12|(353,743)|(357,204)| |NET ASSETS||4,373,009|4,331,379| |FUNDS
Unrestricted
funds|15|4,373,009|4,331,379| |TOTAL FUNDS||4,373,009|4,331,379| ## |||||2020|2019| |---|---|---|---|---|---| ||||Notes|8|| |Cash flows from operating
activities
Cash generated
&om operations
Interest paid|||I|95,675
(12,647)|103,448
(15,440)| |Net cash provided
by operating
activities||||83,028|88,008| |Cash flows from investing
activities
Purchase oftangible fixed assets||||(13,347)|(38,750)| |Net cash used in investing
activities||||(13,347)|(38,750)| |Cash flows from financing
Loan repayments
in year|activities|||(23,800)|(30,648)| |Net cash used in fmancing|activities|||(23,800)|(30,648)| |Change in cash and cash
the reporting
period|equivalents|in||45,881|18,610| |Cash and cash equivalents
beginning
ofthe reporting|at the
period|||113,741|95,131| |Cash and cash equivalents
the reporting
period|at the end|of||159,622|113,741| ## ||RECONCILIATION|OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020
2019|OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020
2019|OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020
2019|OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020
2019|OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020
2019| |---|---|---|---|---|---|---| |||||||8| ||Net incoine for the reporting
Activities)||period (as per the Statement ofFinancial||41,630|97,285| ||Adjustments
for;
Depreciation
charges
Interest paid
Decrease/(increase)
in
Decrease in creditors|debtors|||28,160
12,647
29,959
(16,721)|29,865
15,440
(18,625)
(20,517)| ||Net cash provided
by|operations|||95,675|103,448| |2.|ANALYSIS OF CHANGES||IN NET DEBT|||| |||||At 1/1/20|Cash flow|At 31/12/20| ||Net cash
Cash at bank and in hand|||113,741|45,881|159,622| |||||113,741|45,881|159,622| ||Debt
Debts falling due within
1 year
Debts falling due atter
1 year|||(45,585)
(357,204)|20,338
3,461|(25,247)
(353,743)| |||||(402,789)|23,799|(378,990)| ||Total|||(289,048)|69,680|(219,368)| ## ## ## ## ## ## ## ## ## ## ## ## ## ||DOATIOS
AND|LEGACIES||| |---|---|---|---|---| ||NN
||2020|2019I| ||Donations
Gift aid
Job retention
scheme
Sundry income|grants|246,166
31,263
21,053
677|504,006
61,321
3,190| ||||299,159|568,517| |3.|INVESTMENT INCOME||2020|2019| ||||8|6| ||Rents received||14,700|11,400| |4.|RAISING FUNDS|||| ||Raising donations|and legacies|2020|2019| |||||f.| ||Stalf costs
Rates and water
Insurance
Light and heat
Telephone
Printing
and stationery
Sundries
Groceries
Publicity
Motor expenses
Repairs and renewals
Nagar Kiitan expenses
Donations||75,887
6,143
5,063
33,841
1,881
3,188
2,318
20,593
3,877
1,235
10,046
1,916
13,786
375|104,751
10,255
5,000
42,916
2,117
5,752
8,242
75,787
4,379
1,035
35,128
35,108
48,605
4,600| ||Coach trips
Teachers fees||4,984|16,185| ||Carried forward||185,133|399,860| ## ## ## ## |Raising donations
and|legacies -continued|||| |---|---|---|---|---| ||||2020|2019| |Brought forward
Education - books and publications
Fabric and materials
Professional
fees|||185,133
250
531
41,365|399,860
790
1,000
31,522| ||||227,279|433,172| |CHARITABLE ACTIVITIES COSTS||||Support| |||||costs (see| |||||note 6)| |||||8| |||||16,790| |General||||| |SUPPORT COSTS|||Governance|| |||Finance|costs|Totals| |General||13,070|3,720|16,790| |Support costs, included|in the above, are as follows:||2020|2019| |||||Total| ||||General|activities| |||||f| ||||423|495| |Bank charges
Bank loan interest
Auditors'
remuneration|||12,647
3,720|15,440
3,660| ||||16,790|19,595| ## ## ## ## ## |||||2020|2019| |---|---|---|---|---|---| |Gross Salaries
ERNIC
Staffpensions||||73,738
1,515
634|100,294
2,912
1,545| |||||875,887|f104,751| |Average number ofstaff||||14|13| |No employee received emoluments|ofmore than|f60,000 during the year.|||| |TANGIBLE FIXEDASSETS|Freehold||Fixtures||| ||land and
buildings|Long
leasehold|and
fittings|Motor
vehicles|Totals| ||||8||| |COST
At 1stJanuary 2020
Additions|4,308,304|47,705|578,608
13,347|45,338|4,979,955
13,347| |At 31st December 2020|4,308,304|47,705|591,955|45,338|4,993,302| |DEPRECIATION
At 1stJanuary 2020
Charge for year|14,650
1,140|6,186
482|337,331
25,462|41,035
1,076|399,202
28,160| |At 31st December 2020|15,790|6,668|362,793|42,111|427,362| |NET BOOK VALUE
At 31st December 2020|4,292,514|41,037|229,162|3,227|4,565,940| |At 31st December 2019|4,293,654|41,519|241,277|4,303|4,580,753| |Gurdwara
GNP Temple (Hamall Lane)
99-103Harnall Lane
Education Centre
8 Church Street
10Church Sheet
Car Park Outside GNP Temple
1Lincoln Street|2,887,661
251,000
268,912
78,991
78,991
97,021
629,938| |---|---| ||84,292,514| ## |10.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|2020|2020|2019| |---|---|---|---|---| ||Prepayments|33,303||63,262| |11.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||2020|2019| ||Bank loans and overdrafts
(see note 13)
Trade creditors
PAYE and national
insurance||25,247
225|45,585
1,774
2,032
1,482| ||Pensions|||6,198| ||Wages
Accrued expenses||6,641|12,102| ||||32,113|69,173| |12.|CRKDITORSt AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR||2020|2019| ||Bank loans (see note 13)|353,743||357,204| |13,|LOANS|||| ||An analysis ofthe maturity ofloans is given below:|||| ||||2020|2019| |||||8| ||Amounts
falling due within one year on demand:
Bank loan||25,247|45,585| ||Amounts
falling between one and two years:
Bank loan||353,743|357,204| |14.|SECURED DEBTS|||| ||The following secured debts are included within creditors:|||| ||||2020|2019| ||Bank loans||378,990|402,789| ## ## ## ## |MOVEMENT||INFUNDS|||||| |---|---|---|---|---|---|---|---| |||||||Net|| |||||||movement|At| ||||||At 1/1/20|in funds|31/12/20| ||||||||f,| |Unrestricted
General
fund|funds||||4,331,379|41,630|4,373,009| |TOTAL FUNDS|||||4,331,379|41,630|4,373,009| |Net movement||in funds, included
in the above|||are as follows:||| ||||||Incoming|Resources|Movement| ||||||resources|expended|in funds| ||||||||8| |Unrestricted
General
fund||funds|||313,859|(272,229)|41,630| |TOTAL FUNDS|||||313,859|(272,229)|41,630| |Comparatives||for movement||in funds|||| |||||||Net|| |||||||movement|At| ||||||At 1/1/19|in funds|31/12/19| |||||||6|| |Unrestricted
General fund||funds|||4,234,094|97,285|4,331,379| |TOTAL FUNDS|||||4,234,094|97,285|4,331,379| |Comparative||net movement|in|funds, included|in the above are as follows:||| ||||||Incoming|Resources|Movement| ||||||resources|expended|in funds| |||||||8|8| |Unrestricted
General fund||funds|||579,917|(482,632)|97,285| |TOTAL FUNDS|||||579,917|(482,632)|97,285| ## ## ## |||2020|2019| |---|---|---|---| |||8|| |INCOME AND ENDOWMENTS|||| |Donations
and legacies
Donations
Gift aid
Job retention
scheme grants
Sundry income||246,166
31,263
21,053
677|504,006
61,321
3,190| |||299,159|568,517| |Investment
income
Rents received||14,700|11,400| |Total incoming resources||313,859|579,917| |EXPENDITURE|||| |Raising donations
and legacies
Gross salaries and national
insurance||75,253
634|103,206
1,545| |Pensions
Rates and water
Insurance
Light and heat
Telephone
Printing
and stationery
Sundries
Groceries
Publicity
Motor expenses
Repairs and renewals
Nagar Kirtan expenses||6,143
5,063
33,841
1,881
3,188
2,318
20,593
3,877
1,235
10,046
1,916
13,786|10,255
5,000
42,916
2,117
5,752
8,242
75,787
4,379
1,035
35,128
35,108
48,605| |Donations||375|4,600| |Coach trips
Teachers fees||4,984
250|16,185
790| |Education - books and publications||531|1,000| |Fabric and materials
Professional
fees||41,365|31,522| |||227,279|433,172| |Other||1,140|1,140| |Freehold property||482|482| |Long leasehold
Fixtures and tittings
Motor vehicles||25,462
1,076|26,809
1,434| |||28,160|29,865| ## |||2020I|2019| |---|---|---|---| |Support costs|||| |Finance|||| |Bank charges
Bank loan interest||423
12,647|495
15,440| |||13,070|15,935| |Governance|costs||| |Auditors'
remuneration||3,720|3,660| |Total resources|expended|272,229|482,632| |Net income||41,630|97,285|