2021-12-31-accounts - Gurdwara Guru Nanak Parkash, Coventry

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			Page
Report ofthe Trustees		I	to	6
Report ofthe Independent Auditors		7	to	9
Statement ofFinancial Activities			10
Balance Sheet
Cash Flow Statement			12
Notes to the Cash Flow Statement			13
Notes to the Financial Statements		14	to	20
Detailed Statement ofFinancial	Activities	21	to	22

				2021	2020
				Unrestricted	Total
				fund	funds
			Notes	6
INCOME Donations	AND ENDOWMENTS FROM and legacies			552,869	299,159
Investment	income			12,600	14,700
Total				565,469	313,859
EXPENDITURE ON
Raising funds				231,604	227,279
Charitable	activities
General				11,079	16,790
Other				37,600	28,160
Total				280,283	272,229
NET INCOME				285 186	41 630
RECONCILIATION		OF FUNDS
Total funds brought		forward		4373009	4331379
TOTAL FUNDS CARRIED FORWARD				4,658,195	4,373,009

		2021	2020
		Unrestricted	Total
		fund	funds
	Notes		6
FIXEDASSETS
Tangible assets		4,650,888	4,565,940
CURRENT ASSETS
Debtors	10	62,403	33,303
Cash at bank and in hand		107,804	159,622
		170,207	192,925
CREDITORS
Amounts falling due within one year		(43,982)	(32,113)
NET CURRENT ASSETS		126,225	160,812
TOTAL ASSETSLESSCURRENT
LIABILITIES		4,777,113	4,726,752
CREDITORS
Amounts falling due atter more than one year	12	(118,918)	(353,743)
NET ASSETS		4,658,195	4,373,009
FUNDS	15
Unrestricted funds		4,658,195	4,373,009
TOTAL FUNDS		4,658,195	4,373,009

				Notes	2021f	2020
Cash flows from operating		activities
Cash generated fiom operations				I	306,209	95,675
Interest paid					(7,200)	(12,647)
Net cash provided by operating activities					299,009	83,028
Cash flows from investing		activities
Purchase oftangible fixed	assets				(122,546)	(13,347)
Net cash used in investing	activities				(122,546)	(13,347)
Cash flows from financing		activities
Loan repayments in year					(228,281)	(23,800)
Net cash used in financing	activities				(228,281)	(23,800)
Change in cash and cash	equivalents		in
the reporting period					(51,818)	45,881
Cash and cash equivalents		at the
beginning ofthe reporting		period			159,622	113,741
Cash and cash equivalents		at the end	of
the reporting period					107,804	159,622

				2021	2020
					6
Net income	for the	reporting	period (as per the Statement of Financial
Activities)				285,186	41,630
Adjustments	for:
Depreciation	charges			37,600	28,160
Interest paid				7,200	12,647
(increase)/decrease		in debtors		(29,100)	29,959
Increase/(decrease)		in creditors		5,323	(16,721)
Net cash provided		by operations		306,209	95,675

ANALYSIS OFCHANGES IN NET DEBT
	At 1/1/21	Cash flow	At 31/12/21
			f,
Net cash
Cash at bank and in hand	159,622	(51,818)	107,804
	159,622	(51,818)	107,804
Debt
Debts falling due within I year	(25,247)	(6,544)	(31,791)
Debts falling due after I year	(353,/43)	234,825	(118,918)
	(378,990)	228,281	(150,709)
Total	(219,368)	176,463	(42,905)

RAISING D	ONATIO	NS AND LEGACIES - continued
				2021	2020
Brought forward				205,045	185,133
Education - books and		publications		304	250
Fabric and materials				765	531
Professional	fees			25,490	41,365
				231,604	227,279
CHARITABLE ACTIVITIES COSTS
					Support
					costs (see
					note 6)
					f.
General					11,079
SUPPORT COSTS
				Governance
			Finance	costs	Totals
			g
General			7,335	3,744	11,079
Support costs, included		in the above, are as follows:
				2021	2020
					Total
				General	activities
Bank charges				135	423
Bank loan interest				7,200	12,647
Auditors' remuneration				3,744	3,720
				11,079	16,790

10.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
			2021	2020
	Prepayments		62,403	33,303
11.	CREDITORS: AMOUNTS FALLING		DUE WITHIN ONE YEAR
			2021	2020
				8
	Bank loans and overdratis	(see note 13)	31,791	25,247
	PAYE and national insurance		1,753
	Pensions		886	225
	Accrued expenses		9,552	6,641
			43,982	32,113
12.	CREDITORS: AMOUNTS FALLING		DUE AFTER MORE THAN ONE YEAR
			2021	2020
	Bank loans (see note 13)		118,918	353,743
13.	LOANS
	An analysis ofthe maturity	ofloans is given below:
			2021	2020
	Amounts falling due within one year on demand:
	Bank loan		31,791	25,247
	Amounts falling between one and two years:
	Bank loan		118,918	353,743
14.	SECURED DEBTS
	The following secured debts are included		within creditors:
			2021	2020
	Bank loans		150,709	378,990

				2021	2020
INCOME AND	ENDOWMENTS
Donations and legacies
Donations				486,215	246,166
Gill aid				59,732	31,263
Job retention scheme grants				713	21,053
Sundry income				6,209	677
				552,869	299,159
Investment income
Rents received				12,600	14,700
Total incoming	resources			565,469	313,859
EXPENDITURE
Raising donations		and legacies
Gross salaries and national			insurance	55,348	75,253
Pensions				1,019	634
Rates and water				4,128	6,143
Insurance				5,227	5,063
Light and heat				23,745	33,84]
Telephone				1,843	1,881
Printing and stationery				4,838	3,188
Sundries				2,289	2,318
Groceries				37,038	20,593
Publicity				2,979	3,877
Motor expenses				2,797	1,235
Repairs and renewals				22,944	10,046
Nagar Kirtan expenses				5,501	1,916
Donations				26,804	13,786
Coach trips				2,450	375
Teachers fees				6,095	4,984
Education - books and publications				304	250
Fabric and materials				765	531
Professional fees				25,490	41,365
				231,604	227,279
Other
Freehold property				1,140	1,140
Long leasehold				482	482
Fixtures and fittings				35,171	25,462
Motor vehicles				807	1,076
				37,600	28,160