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2025-12-31-accounts

GURU NANAK GURDWARA WEST BROMWICH

Charity Number 511163

Report of the Trustees & Financial Statements

For the Year ending 31 December 2025

GURU NANAK GURDWARA WEST BROMWICH

OFFICERS AND PROFESSIONAL ADVISERS

For the Year ending 31 December 2025

Trustees Parminder Singh
Paramjit Singh
Surinder Singh
Buta Singh
Dhupinder Singh
Principal Address 19-21 Victoria Street
West Bromwich
B70 8ET
Chartered Accountant Kulwant Singh FCA
9 Upland Road
Birmingham
B29 7JR
Bankers Barclays Bank

GURU NANAK GURDWARA WEST BROMWICH REPORT OF THE TRUSTEES

For the Year ending 31 December 2025

The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

The objects of the Temple is to a provide place of worship for Sikhs, to support the community in connecting with its religion and to integrate into the community within which they live. To make use of the Temple to uphold the faith of the followers of the ten gurus and the holy Guru Granth sahib and provide activities that encourage and support this.

Review of Activities

In the year the Temple continued to provide services to the community, religious functions, place of worship, weddings, langar etc as well as providing classes in Gurbani, Vaja, Tabala etc. Work has continued on the new gurdwara build during the year.

Future Activities

The Gurudwara will continue to provide its core activities (outlined above) in the coming year, as well as continue the program of investment in the infrastructure of the Temple..

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Temple is governed by its constitution, which sets out how the Temple shall be governed. The temple has trustees and a management committee to run the day to day operation of the Temple. There are 15 positions that make up the committee, an election board made up of the 3 trustees and 2 members of the congregation runs the election process in accordance with the rules set out in the constitution. The trustees are the original founder of the temple with the exception of one member who was elected on by the remaining trustees when one trustee retired.

The Trustees declare that they have approved the trustees report above. Approved by order of the Board Trustees on 28 May 2026 and signed on its behalf by:

Parminder Singh Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GURU NANAK GURDWARA WEST BROMWICH

For the Year ending 31 December 2025

Independent examiner's report to the trustees of The Guru Nanak Gurdwara West Bromwich

I report to the charity trustees on my examination of the accounts of The Guru Nanak Gurdwara West Bromwich (ths Trust) for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection wit the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Kulwant Singh FCA

Institute of Chartered Accountants in England and Wales

Date 28 May 2026

GURU NANAK GURDWARA WEST BROMWICH

INCOME & EXPENDITURE ACCOUNT

For the Year ending 31 December 2025

INCOME
Donations
Gift Aid
Bank interest
Other
TOTAL INCOME RESOURCES
EXPENSES
Light & heat
Legal & professional
Loan interest
Wages
Consumables
Kirtan & path group
Rates & water
Repairs & renewals
Donations
Insurances
Cleaning
Telephone
Motor expenses
Security & fire protection
Sundries
Bank charges
Postage & stationary
TOTAL RESOURCES EXPENDED
NET INCOME
Total Funds Brought forward
TOTAL FUNDS CARRIED FORWARD
Year to
31-Dec-25
£
418,406
-
383
2,785
421,574
63,524
29,619
28,378
25,278
19,844
9,880
8,732
6,735
4,232
3,375
2,264
1,532
1,460
1,327
1,128
111
6
207,425
214,149
2,202,096
2,416,245
£
233,833
29,771
449
-
264,053
28,474
1,850
37,238
26,387
14,423
10,179
6,839
2,074
9,645
4,552
3,550
602
2,962
3,226
4,452
-
746
157,199
106,854
2,095,242
2,202,096
Year to
31-Dec-24

GURU NANAK GURDWARA WEST BROMWICH BALANCE SHEET AS AT 31 DECEMBER 2025

£
£
FIXED ASSETS
2,828,780
CURRENT ASSETS
Cash & Bank
33,061
33,061
CURRENT LIABILITIES
Bank loans
45,701
Other creditors & accruals
-
45,701
NET CURRENT ASSETS
(12,640)
2,816,140
AMOUNTS DUE AFTER MORE THAN ONE YEAR
Bank Loans
(319,895)
Other Creditors
(80,000)
NET ASSETS
£2,416,245
REPRESENTED BY:
TOTAL UNRESTRICTED FUNDS
2,416,245
£2,416,245
2025
31 December
£
£
2,599,862
67,155
67,155
46,842
-
46,842
20,313
2,620,175
(336,079)
(82,000)
£2,202,096
2,202,096
£2,202,096
2024
31 December

The financial statements were approved by the Board of Trustees and authorised for issue on 28 May 2026 and were signed on its behalf by:

Parminder Singh TRUSTEE

GURU NANAK GURDWARA WEST BROMWICH NOTES TO THE FINANCIAL STATEMENTS

For the Year ending 31 December 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. FIXED ASSETS
COST
Balance b/f
Additions
Balance c/f
DEPRECIATION
Balance b/f
Charge for the year
Balance c/f
NET BOOK VALUE
Property
£
2,599,862
228,918
2,828,780
0
0
0
2,828,780
Total
£
2,599,862
228,918
2,828,780
0
0
0
2,828,780

GURU NANAK GURDWARA WEST BROMWICH NOTES TO THE FINANCIAL STATEMENTS

For the Year ending 31 December 2025

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

4. LOANS

4. LOANS
a) Barclays Commercial Mortgage
Due within 1 year
Due after more than 1 year
Total
b) Barclays Business loan
Due within 1 year
Due after more than 1 year
Total
TOTAL DUE WITHIN 1 YEAR
TOTAL DUE AFTER MORE THAN 1 YEAR
TOTAL LOANS
31-Dec-25
£
8,291
60,138
68,429
37,410
259,758
297,168
45,701
319,896
365,597
31-Dec-24
£
8,395
63,896
72,291
38,447
272,183
310,630
46,842
336,079
382,921

5. OTHER CREDITORS

Other Creditors due after more than one year relate to loans made by 11 Gurdwara members. These loans total £80,000 at the year end and are repayable after more than one year.

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025.