2022-12-31-accounts - Gurdwara Guru Nanak Parkash, Coventry

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		Page
Report ofthe Trustees	1	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	19
Detailed Statement ofFinancial Activities	20	to	21

		2022	2021
		Unrestricted	Total
		fund	funds
	Notes	6
FIXEDASSETS
Tangible assets		4,723,769	4,650,888
CURRENT ASSETS
Debtors	10	79,025	62,403
Cash at bank and in hand		139,152	107,804
		218,177	170,207
CREDITORS
Amounts falling due within one year		(17,381)	(43,982)
NET CURRENT ASSETS		200,796	126,225
TOTAL ASSETSLESSCURRENT
LIABILITIES		4,924,565	4,777,113
CREDITORS
Amounts falling due afier more than one year	12		(118,918)
NET ASSETS		4,924,565	4,658,195
FUNDS	15
Unrestricted funds		4,924,565	4,658,195
TOTAL FUNDS		4,924,565	4,658,195

					2022	2021
				Notes
Cash flows from operating		activities
Cash generated from operations					308,542	306,209
Interest paid					(7,861)	(7,200)
Net cash provided by operating activities					300,681	299,009
Cash flows from investing		activities
Purchase oftangible fixed	assets				(118,624)	(122,546)
Net cash used in investing	activities				(118,624)	(122,546)
Cash flows from financing		activities
Loan repayments in year					(150,709)	(228,281)
Net cash used in financing	activities				(150,709)	(228,281)
Change in cash and cash	equivalents		in
the reporting period					31,348	(51,818)
Cash and cash equivalents		at the
beginning ofthe reporting		period			107,804	159,622
Cash and cash equivalents		at the end	of
the reporting period					139,152	107,804

	RECONCILIATION	RECONCILIATION	RECONCILIATION	OFNET INCOME TONET CASH FLOW FROM	OFNET INCOME TONET CASH FLOW FROM	OFNET INCOME TONET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
							2022	2021
							8
	Net income	for the	reporting			period (as per the Statement ofFinancial
	Activities)						266,370	285,186
	Adjustments	for:
	Depreciation	charges					45,743	37,600
	Interest paid						7,861	7,200
	Increase in debtors						(16,622)	(29,100)
	Increase in creditors						5,190	5,323
	Net cash provided		by	operations			308,542	306,209
2.	ANALYSIS	OF CHANGES IN NET (DEBT)/FUNDS
						At 1/1/22	Cash flow	At 31/12/22
								8
	Net cash
	Cash at bank	and in	hand			107,804	31,348	139,152
						107,804	31,348	139,152
	Debt
	Debts falling	due within			1 year	(31,791)	31,791
	Debts falling	due afler		1	year	(118,918)	118,918
						(150,709)	150,709
	Total					(42,905)	182,057	139,152

					2022	2021
Brought forward					356,300	205,045
Education	-books and		publications		741	304
Fabric and materials					1,736	765
Professional		fees			34,037	25,490
					392,814	231,604
CHARITABLE ACTIVITIES COSTS
						Support
						costs (see
						note 6)
						g
General						14,519
SUPPORT COSTS
					Governance
				Finance	costs	Totals
				I
General				10,775	3,744	14,519
Support costs, included			in the above, are as follows:
					2022	2021
						Total
					General	activities
Bank charges					2,914	135
Bank loan	interest				7,861	7,200
Auditors'	remuneration				3,744	3,744
					14,519	11,079

Gurdwara GNP Temple (HarnaB Lane)	2,887,661
99-103Harnall Lane	251,000
Education Centre	268,912
8 Church Street	78,991
10Church Street	78,991
Car Park Outside GNP Temple	94,742
1 Lincoln Street	629,938
	&l,290,235

DEBTORS:AMOUNTS	FALLING DUK WITHIN ONK YEAR
		2022	2021
Prepayments		79,025	62,403
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2022	2021
Bank loans and overdratts	(see note 13)		31,791
PAYE and national insurance		3,971	1,753
Pensions		797	886
Accrued expenses		12,613	9,552
		17,381	43,982
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		2022	2021
Bank loans (see note 13)			118,918
LOANS
An analysis ofthe maturity	ofloans is given below:
		2022	2021I
Amounts falling due within one year on demand:
Bank loan			31,791
Amounts falling between one and two years:
Bank loan			118,918

				2022	2021
INCOME AND	ENDOWMENTS
Donations and legacies
Donations				624,776	486,215
Gift aid				76,131	59,732
Job retention scheme grants					713
Sundry income				4,139	6,209
				705,046	552,869
Investment income
Rents received				14,400	12,600
Total incoming	resources			719,446	565,469
EXPENDITURE
Raising donations		and legacies
Gross salaries and national			insurance	87,860	55,348
Pensions				1,626	1,019
Rates and water				4,706	4,128
Insurance				6,014	5,227
Light and heat				37,174	23,745
Telephone				1,843	1,843
Printing and stationery				4,737	4,838
Sundries				2,711	2,289
Groceries				103,682	37,038
Publicity				7,470	2,979
Motor expenses				1,922	2,797
Repairs and renewals				20,088	22,944
Nagar Kirtan expenses				15,665	5,501
Donations				41,212	26,804
Coach trips				9,750	2,450
Teachers fees				9,840	6,095
Education - books and publications				741	304
Fabric and materials				1,736	765
Professional fees				34,037	25,490
				392,814	231,604
Other
Freehold property				1,140	1,140
Long leasehold				482	482
Fixtures and fittings				43,516	35,171
Motor vehicles				605	807
				45,743	37,600