## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

||||BALANCE SHE|ET|||
|---|---|---|---|---|---|---|
||||AS AT 31MARCH|2021|||
||||2021|||2020|
|Fixed assets|||||||
|Tangible assets|||4,926,066|||4,928,906|
|Current assets|||||||
|Debtors|||8,839||8,839||
|Cash at bank and in||hand|123,558||]23,084||
||||132,397||131,923||
|Current<br>liabilities|||||||
|Other creditors|||434||||
|Accruals|||700||1,911||
||||1,134||1,911||
|Net current assets||||131,263||130,012|
|Total assets less current|||||||
|liabilities|||5,057,329|||5,058,918|
|Long-term<br>1iabi Iities|||(1,092,190)|||(1,133,879)|
|Net assets|||3,965,139|||3,925,039|
|Capital account|||||||
|Brought forward|at|1 April 2020|3,925,039|||3,769,774|
|Profit for the year||||40,100||155,265|
||||3,965,139|||3,925,039|





## 

||||2021||2020||
|---|---|---|---|---|---|---|
|Income|||||||
|Donations||||99,390||268,019|
|Farm Income||||26,053||8,803|
|Rent receivable||||50,687||83,575|
|Government<br>grants||||3,750|||
|Bank deposit interest||||213||444|
|||||180,093||360,841|
|Expenses|||||||
|Wages and salaries|||16,325||15,056||
|Staff pension costs|||1,085||1,148||
|Gurmukhi<br>Teachers|||244||9,708||
|Rates|||5,044||9,306||
|Insurance|||16,361||20,770||
|Light and heat|||34,707||45,790||
|Cleaning|||476||2,709||
|Repairs and maintenance|||34,615||29,037||
|Printing,<br>postage and||stationery|638||1,153||
|Advertising|||||800||
|Telephone<br>and|fax||2,387||2,269||
|Motor running|expenses||305||1,121||
|Travelling<br>and|subsistence||||840||
|Functions<br>and|Events||807||33,212||
|Accountancy|||1,000||1,000||
|Bank charges|||1,022||1,930||
|Loan interest|||20,636||24,296||
|Sundry expenses|||||443||
|Charitable<br>donations||- other|||150||
|Depreciation<br>on FFA Equipment|||4,275||4,750||
|Depreciation<br>on motor vehicles|||66||88||
|||||(139,993)||(205,576)|
|Net profit||||40,100||155,265|





|Tangible assets|Land and|||||
|---|---|---|---|---|---|
||buildings||Motor|||
||freehold|Equipment|vehicles||Total|
|Cost||||||
|At<br>1 April 2020|4,885,892|106,917|3,500||4,996,309|
|Additions||1,500|||1,500|
|At 31 March 2021|4,885,892|108,417|3,500||4,997,809|
|Depreciation||||||
|At 1 April 2020||64,165|3,237||67,402|
|Charge for the year||4,275||66|4,341|
|At 31 March 2021||68,440|3,303||71,743|
|Net book values||||||
|At 31 March 2021|4,885,892|39,977||197|4,926,066|
|At 31 March 2020|4,885,892|42,752||263|4,928,907|