Registered Charity Number 511489
Ramgarhia Sikh Temple, Bradford
Annual Report and Financial Statements
For The Year Ended
31 December 2024
## **Ramgarhia Sikh Temple, Bradford Report and accounts Contents**
||**Page**|
|---|---|
|Charity's information|1|
|Trustee's Report|2|
|Statement of Financial Activities|3|
|Income and Expenditure account|4|
|Statement of total recognised gains and losses|5|
|Movements in Accumulated Funds|5|
|Balance sheet|6|
|Notes to the accounts|7|
## **Ramgarhia Sikh Temple, Bradford Charity Information**
## **Trustees**
Daljit Singh Panesar Nirmal Singh Notay Amarjit Singh Riyait
## **President**
Kuldip Kaur Bharj
## **Accountants**
Sidhu & Co 4 Albert Road Queensbury Bradford West Yorkshire BD13 1PB
## **Registered office**
720 Bolton Road Bradford West Yorkshire BD3 0ND
**Registered number** 511489
1
## **Ramgarhia Sikh Temple, Bradford**
## **The report of the trustees for the year ended 31 December 2024**
## **Introduction**
The trustees present their annual report and accounts for the year ended **31 December 2024.** The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the charity's constitution.
The board of trustees are satisfied with the performance of the charity during the year and the position at **31 December 2024** and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
## **Name, registered office and constitution of the charity**
The full name of the charity is "Ramgarhia Sikh Temple, Bradford"
_Date of formation_ 06 March 1981 _The Principal Office is_ 720 Bolton Road, Bradford, BD3 0ND _Charity Registration Number_ 511489
## **Objectives and Activiies**
## **The Charity's Objects**
**The charity is governed by its constitution and its main objects are:-**
- **(A) To advance the Sikh religion.**
- **(B) To advance education both generally and in the principles of the Sikh faith.**
- **(C) To provide assistance to the poor and needy.**
- **(D) To provide facilities for recreational and social activities.**
- **(E) To run the Gurdwara according to the Constitution.**
- **(F) To propagate Sikhism and Amrit Parchar.**
- **(G) To educate generally in the principles of the Sikh faith, in the relevant language.**
- **(H) To help the faithful who believe in the teachings of the Ten Gurus and the Guru Granth Sahib.**
**(I) To arrange events for the Sikh Sangat and others for the understanding of the mission and life hi**
**(J) To organise events for the celebration of the birth anniversaries and commemoration of the mart**
## **Achievements and performance**
1. The charity is fulfilling its main object of providing a place of worship and other related activities for
2. Religious ceremonies are performed regularly on a daily and weekly basis
3. Punjabi teaching school has approximately 20 students attending regularly.
4. Religious dignitaries are encouraged to lecture or give performances on Sikhism.
2
## **Ramgarhia Sikh Temple, Bradford Statement of Financial Activities for the year ended 31 December 2024**
|**Notes**
**Incoming resources**
**_Incoming resources from generated funds_**
Voluntary Income
Investment Income
**Total incoming resources**
**_Costs of charitable activities_**
**_Governance costs (Wages + Casual)_**
**Total resources expended**
**Net incoming resources**
**before transfers between funds**
**Net incoming resources before**
**Other recognised gains and losses**
**Other recognised gains and losses**
**Net movement in funds**
**Reconciliation of funds**
**_Total funds brought forward_**
**Total Funds carried forward**|**Funds**
**Funds**
**Funds**
**Total Funds**
**2024**
**2024**
**2024**
**2023**
**-**
**-**
**-**
**-**
121,484
-
121,484
100,167
87
-
87
36
**121,571**
**-**
**121,571**
**100,203**
67,101
-
67,101
38,467
35,894
-
35,894
31,275
102,995
-
102,995
69,742
18,576
-
18,576
30,461
18,576
-
18,576
30,461
18,576
-
18,576
30,461
646,768
-
646,768
616,307
**665,344**
**-**
**665,344**
**646,768**|
|---|---|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on **page 6** as required by the said statement.
## **All activities derive from continuing operations**
**The notes on pages 07 to 11 form an integral part of these accounts.**
3
## **Ramgarhia Sikh Temple, Bradford Statement of Financial Activities for the year ended 31 December 2024**
## **Income and Expenditure Account for the year ended 31 December 2024**
|**Turnover**
Direct costs of turnover
**Gross surplus**
Governance costs (Wages + Casual)
**Operating surplus**
Interest receivable
**Surplus on ordinary activities before tax**
**Surplus for the financial year**
Gift Aid Payments
**Retained surplus for the financial year**
**All activities derive from continuing operations**|**2024**
**-**
121,484
67,101
54,383
35,894
18,489
87
18,576
18,576
-
18,576|**2023**
**-**
100,167
38,467
61,700
31,275
30,425
36
30,461
30,461
-
30,461|
|---|---|---|
**The notes on pages 07 to 11 form an integral part of these accounts.**
4
## **Ramgarhia Sikh Temple, Bradford Statement of Financial Activities for the year ended 31 December 2024**
## **Statement of Total Recognised Gains and Losses for the year ended 31 December 2024**
|Excess of income over expenditure before realisation of assets
Profit per Profit and Loss account
**Net Movement in funds before taxation**|**2024**
**2023**
18,576
30,461
18,576
30,461
18,576
30,461|
|---|---|
## **Movements in revenue and capital funds for the year ended 31 December 2024**
|**Revenue accumulated funds**
Accumulated funds brought forward
Recognised gains and losses before transfers
**Closing revenue accumulated funds**|**Unrestricted Restricted**
**Total**
**Last year**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2024**
**2024**
**2024**
**2023**
**-**
**-**
**-**
**-**
646,768
-
646,768
616,307
18,576
-
18,576
30,461
665,344
-
665,344
646,768
665,344
-
665,344
646,768
**-**
**-**|
|---|---|
|**The notes on pages 07 to 11 form an integral part of these accounts.**|**The notes on pages 07 to 11 form an integral part of these accounts.**|**The notes on pages 07 to 11 form an integral part of these accounts.**|||
|---|---|---|---|---|
|**Summary of funds**|**Designated Unrestricted **|**Restricted**|**Total**|**Last Year**|
||**Funds**
**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2024**
**2024**|**2024**|**2024**|**2023**|
|Revenue accumulated funds|-
665,344|-|665,344|646,768|
5
## **Ramgarhia Sikh Temple, Bradford Balance Sheet as at 31 December 2024**
|**Notes**
**2024**
**-**
**_The assets and liabilities of the charity :_**
Tangible assets
7
576,593
**_Total fixed assets_**
576,593
**Current assets**
Debtors
8
3,475
Cash at bank and in hand
90,432
**_Total current assets_**
93,907
amounts due within one year
9
(5,156)
**_Net current assets_**
88,751
**_Total assets less current liabilities_**
665,344
**Creditors:-**
amounts due after more than one year
-
**Net assets including pension asset / liability**
665,344
**_The funds of the charity :_**
**Unrestricted income funds**
Unrestricted revenue accumulated funds
665,344
Designated revenue funds
-
**Unrestricted capital funds**
Designated fixed asset funds
-
**Total unrestricted funds**
665,344
**Restricted income funds**
**Restricted capital funds**
**Total restricted funds**
-
**Total charity funds**
665,344
**…..........................**
**Trustee**
**Approved by the trustees on 6 April 2025**|**2023**
**-**
528,118
528,118
268
131,776
132,044
(13,394)
118,650
646,768
-
646,768
646,768
-
-
646,768
-
646,768|
|---|---|
**The notes on pages 07 to 11 form an integral part of these accounts.**
6
**Ramgarhia Sikh Temple, Bradford Notes to the Accounts for the year ended 31 December 2024**
## **1 Accounting policies**
## _**Basis of preparation of the accounts**_
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE), **effective April 2008** , and all other applicable accounting standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, **(revised June 2008)** adapted to meet the needs of unincorporated organisations . The accounts have been drawn up in accordance with the provisions of the Charities Acts , and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing.
Insofar as the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, **(revised June 2008)** requires compliance with specific Financial Reporting Standards other than the FRSSE then the specific Financial Reporting Standards have been followed where their requirements differ from those of the FRSSE.
## _**Accounting convention**_
The financial statements are prepared,on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments.
The charity is entirely dependent on continuing donations, grants and gift aid rebates and as a consequence the going concern basis is also dependent on the continuing donations, grants and gift aid rebates.
## _**Incoming Resources**_
Donations, grants and gift aid rebates are accounted for as received by the charity. Where funding is specifically for spending in a subsequent accounting period then the relevant portion is deferred and included within creditors. Incoming resources also includes income from the sale of publications and other items, and hire of kitchen and hall facilities.
## _**Recognition of liabilities**_
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the Statement of Recommended Practice for Accounting and Reporting **(revised June 2008)** , issued by the Charity Commissioners for England & Wales .
## _**Fixed assets and depreciation**_
Free hold properties are not depreciated as the trustees do not consider that there has been any impairment in value.
7
## **Ramgarhia Sikh Temple, Bradford Notes to the Accounts for the year ended 31 December 2024**
## **2 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to the Sharomani Gurdwara Parbandhak Committee, Amritsar, Panjab, India.
|**3**|**Surplus for the financial year**
**2024**
**2023**
**-**
**-**
**This is stated after crediting :-**
**Revenue Turnover from ordinary activities**
121,484
100,167
**and after charging:-**
Depreciation of owned fixed assets
11,587
8,925
Legal fees
655
637|
|---|---|
Funds belonging to the charity have been used for the purchase of insurance to protect the charity from loss arising from the neglect or defaults of its trustees,employees or agents, or to indemnify its trustees,employees or agents, against the consequences of any neglect or default on their part. The sum expended on such insurance was as indicated in the above schedule.
## **4 Statement that no expenses were paid to trustees or connected persons**
No expenses were paid to trustees or persons connected with them.
|**5**|**Investment Income**|**2024**|**2023**|
|---|---|---|---|
|||**-**|**-**|
||Other bank deposit interest received|87|36|
8
## **Ramgarhia Sikh Temple, Bradford Notes to the Accounts for the year ended 31 December 2024**
|**6**|**Staff Costs and Emoluments**|**2024**|**2023**|
|---|---|---|---|
|||**-**|**-**|
||Gross Salaries|35,894|31,275|
||**Numbers of full time employees or full time equivalents**|**2024**|**2023**|
||Engaged on charitable activities|3|3|
||There were no fees or other remuneration paid to the trustees|||
||There were no employees with emoluments in excess of £60,000 per annum|||
Neither the trustees nor any persons connected with them have received any remuneration, either in the current year or the prior year.
## **7 Tangible functional fixed assets**
|**Freehold**
**Land and**
**buildings**
**0**
**Asset cost, valuation or revalued amount**
At 1 January 2024
509,418
Additions
32,415
At 31 December 2024
541,833
**Accumulated depreciation and impairment provisions**
At 1 January 2024
-
Depreciation on revaluation
-
Charge for the year
-
At 31 December 2024
-
**Net book value**
At 31 December 2024
541,833
At 31 December 2023
509,418
**8**
**Debtors**
Trade debtors|**Plant,**
**Machinery &**
**Vehicles**
**0**
26,715
27,647
54,362
8,015
-
11,587
19,602
34,760
18,700
**2024**
**-**
3,475|**Total**
**0**
536,133
60,062
596,195
8,015
-
11,587
19,602
576,593
528,118
**2023**
**-**
268|
|---|---|---|
9
## **Ramgarhia Sikh Temple, Bradford Notes to the Accounts**
**for the year ended 31 December 2024**
|**9**
**Creditors: amounts falling due within one year**
Trade creditors
**10 Analysis of the Net Movement in Funds**
Net movement in funds from Statement of Financial Activities
Net resources applied on functional fixed assets
**Net movement in funds available for future activities**|**2024**
**2023**
**-**
**-**
5,156
13,394
**2024**
**2023**
**-**
**-**
18,576
30,461
(60,062)
-
(41,486)
30,461|
|---|---|
|**11 **|**Particulars of Individual Funds and analysis of assets and liabilities representing funds**|**Particulars of Individual Funds and analysis of assets and liabilities representing funds**|
|---|---|---|
||Tangible Fixed Assets|**funds**
**funds**
**funds**
**Funds**
**-**
**-**
**-**
**-**
576,593
-
-
576,593|
||Current Assets|93,907
-
-
93,907|
||Current Liabilities|(5,156)
-
-
(5,156)|
|||665,344
-
-
665,344|
||**At 1 January 2024**|**-**
**-**
**-**
**-**
**Unrestricted**
**Designated**
**Restricted**
**Total**|
||Tangible Fixed Assets|528,118
-
-
528,118|
||Current Assets|132,044
-
-
132,044|
||Current Liabilities|(13,394)
-
-
(13,394)|
|||646,768
-
-
646,768|
10
## **Ramgarhia Sikh Temple, Bradford Notes to the Accounts for the year ended 31 December 2024**
|Voluntary Income
Costs of charitable activities
Governance costs
Unrestricted revenue accumulated
**Analysis of movements in funds**
Voluntary Income
Costs of charitable activities
Governance costs|**Funds at**
**Movements**
**2023**
**in**
**Funds**
**as below**
**-**
**-**
-
121,571
-
(67,101)
-
(35,894)
f
646,768
-
646,768
18,576
**as shown in the table above**
**Incoming**
**Outgoing**
**Resources**
**Resources**
**-**
**-**
121,571
-
-
67,101
-
35,894
121,571
102,995|**Transfers**
**Between**
**funds**
**-**
-
-
-
-
-
**Gains &**
**Losses**
**-**
-
-
-
-|**Funds at**
**2024**
**-**
121,571
(67,101)
(35,894)
646,768
665,344
**Movement**
**in funds**
**-**
121,571
(67,101)
(35,894)
18,576|
|---|---|---|---|
11