2020-12-31-accounts - Guru Arjan Dev Gurdwara Sikh Temple Derby

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Charity information
Trustees' Annual Report					1
Statement of directors'		responsibilities			9
Independent Examiner's		Report			10
Funds Statements:-
Statement of Financial	Activities				12
Statement of Financial	Activities			- Prior Year statement	13
Statement of total recognised			gains and losses		13
Movements in funds					14
Revaluation reserves					14
Revenue Funds					15
Fixed Asset funds					15
Income and Expenditure		account			16
Summary of funds					16
Balance sheet					17
Cash flow statement					18
Notes to the accounts					19

			SORP	Current year	Current	Current year	Prior Year
			R f e	Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds
				2020	2020	2020	2019
							F
Income 8 Endowments		from:
Donations & Legacies			A1	307,386		307,386	518,855
Investments			A4	14,116		14,116	25,036
Total income			A	321,502		321,502	543,891
Expenditure on:
Raising funds			B1	240,565		240,565	180,369
Charitable activities			B2	145,629		145,629	375,284
Total expenditure				386,194		386,194	555,653
Net gains on investments							36,010
Net income for the year				(64,692)		(64,692)	24,248
Net income after transfers			A-B-C	(64,692)		(64,692)	24,248
Net movement in funds				(64,692)		(64,692)	24,248
Reconciliation offunds:-
Total funds brought	forward			2,775,717		2,775,717	2,751,469
Total funds carried forward				2,711,025		2,711,025	2,775,717

								2020	2019
								E	6
Surplus for the year:-
Nel excess of	iocoine over expenditure	from operations before			tax			(64,692)	(11,762)
Realised gains	on disposals ofsocial investments		which are programme				related
Income from	operations before tax In	the Statement ofFinancial				Acfivifes		(64,692)	(11,762)
Realised gains	on the disposal of investments								36,010
Surplus as shown in the Income and		Expenditure		account				(64,692)	24,248
Net Movement	in funds before taxation							(64,692)	24,248
Funds generated in the year as shown		on Statement		of Financial		Activities		(64,692)	24,248
The notes attached on pages 19to		20 form	an	integral	part	of	these accounts.

Guru Arjan Dev Gurdwara Sikh Temple	Guru Arjan Dev Gurdwara Sikh Temple	Guru Arjan Dev Gurdwara Sikh Temple	-Resources applied	in the year ended 31 December	in the year ended 31 December
2020 towards		fixed assets for Charity use:-
				2020	2019
				E	E
Funds generated		in the year as detailed in the SOFA		(64,692)	24,246
Resources applied		on functional fixed assets		(120,406)	(502,413)
Other applications		of funds
Net resources	available to fund charitable		activities	(185,098)	(478,165)

							Unrestricted	Restricted	Total	Last year
							Funds	Funds	Funds	Total Funds
							2020	2020	2020	2019
							E	E	E	E
Accumulated		funds		brought		forward	2,775,717		2,775,717	2,751,469
Recognised transfers		gains		and	losses before		(64,692)		(64,692)	24,248
							2,711,025		2,711,025	2,775,717
Closing	revenue		funds				2,711,025		2,711,025	2,775,717
Summary		of funds					Unrestricted	Restricted	Total	Last Year
							and	Funds	Funds	Total Funds
							Designated funds
							2020	2020	2020	2019
							E.	E	E
Revenue	accumulated				funds		2,711,025		2,711,025	2,775,717

Income and Expenditure A Companies Act 2006	cc	o	unt f	or th	e year ended 31	December	2020 as require	d by the
							2020	2019
							E	E
income
Income from operations							291,720	483,424
Realised Gains on the disposal of	investments							36,010
Refunds from HMRC on gift aided donations							15,666	35,431
Investment income and interest
Income from investments, other than		interest		receivable			14,008	24,979
interest receivable							108	57
Gross income in the year before	exceptional			items			321,502	579,901
Gross income in the year including		exceptional			items		321,502	579,901
Expenditure
Charitable expenditure, excluding	depreciation			and	amortisation		18,509	256,116
Depreciation and amortisation							111,667	106,378
Fundraising costs							240,565	180,369
Interest payable							15,453	12,790
Realised losses on disposals ofsocial			investments		which are programme	related
Total expenditure in the year							386,194	555,653
Net income before tax in the financial			year				(64,692)	24,248
Tax on surplus on ordinary activities
Net income after tax in the financial		year					(64,692)	24,248
Retained surplus for the financial			year				(64,692)	24,248
All activities derive from continuing			operations

Guru Arjan	Dev G	urdwara Sikh Te	mple -	Balan	ce Sheet as	at 31 December	2020
				SORP
			Note	Ref		2020		2019
l=ixed assets				A
Tangible assets			11	A2		2,821,545		2.812,806
Investments	held as	fixed assets	12	A4		'I47,399		147,399
Total fixed assets						2,968,944		2,960,205
Current assets				B
Debtors			13	B2	15,262		15,137
Cash at bank	and in	hand		B4	141 211		201,588
Total current	assets				156,473		216,725
Creditors: amounts		falling due within
one year			14	C1	(55,381)		(38,427)
Net current assets						101,092		'I78,298
						3,070,036		3,138,503
Net assets
Creditors: amounts falling due after more
than one year			15	C2		(359,011)		(362,786)
The total net	assets	ofthe charity				2,711,025		2,775,717
The total net	assets	ofthe charity are	funded	by the	funds of the	charity, as follows:-
Restricted funds
Unrestricted	Funds
Unrestricted	Revenue	Funds	18	D3	2 711,025	2,775,717
						2,711,025		2,775,717
Designated	Funds
Total charity	funds					2,711,025		2,775,717

5	Net surplus be	fore ta	x in the financial	year
					2020	2019
					E
	The net surplus	before	tax in the financial	year is stated after charging:—
	Depreciation of	owned	fixed assets		111,667	106,378
	Pension costs				1,820	2,947
6	Interest payable				2020	2019
						E
	Loan interest				15,453	12,790

Investment	gains
Investment	properties								36,010
Total realised and unrealised				gains					36,010
AII the gains	and losses	in the	prior	year;vas	unrestricted
Prior year
						Prior Year	Prior Year	Prior Year
						Unrestricted	Restncted	Total Funds
						Funds	Funds
						2019	2019	2019
Realised gainsl(losses)
Investment	properties					36,010		36,010
Total realised gains/(losses)						36,010		36,010
Total realised and unrealised			gains			36,010		36,010

8	The contribution of volunteers
	The Charity currently has a governing	board offour Trustees		all of whom	are volunteers.
9	Staff costs and emoluments
	Salary costs					2020	2019
	Gross Salaries excluding trustees and key management		personnel			148,768	178,961
	Employer's National insurance for all	staff				8,755	9,751
	Employer's contribution to defined benefit pension schemes					1,820	2,947
	Total salaries, wages and related costs					159,343	191,659
	Numbers offull time employees or	full time eguivalents				2020	2019
	The average number oftotal staff employed in the year		was
	Neither the trustees nor any persons	connected with them have received			any remuneration	from the	charity or
	any related entity, either in the current	or prior year.

Current Year	Land and Buildings	Plant 8 Machinery	Motor Vehicles	Total
Cost
At 1 January 2020	3,307,690	290,283	23,088	3,621,061
Additions	64,156	56,250		120,406
At 31 December 2020	3,371,846	346,533	23,088	3,741,467
Depreciation
At 1 January 2020	615,556	169,755	22,944	808,255
Charge for the year	67,437	44,194	36	111,667
At 31 December 2020	682,993	213,949	22,980	919,922
Net book value
At 31 December 2020	2,688,853	132,584	108	2,821,545
At 31 December 2019	2,692,134	120,528	144	2,812,806
Prior Year	Land and Buildings	Plant & Machinery	Motor Vehicles	Total
			f	8
Cost
01 January 2019	2,784,945	144,169	23,088	2,952,202
Additions	137,662	28,784		166,446
01 January 2020	2,922,607	172,953	23,088	3,118,648
Depreciation
01 January 2019	490,950	115,121	22,832	628,903
Charge for the year	58,452	14,458	64	72,974
01 January 2020	549,402	129,579	22,896	701,877
Net book value
01 January 2020	2,373,205	43,374	192	2,416,771
01 January 2019	2,293,995	29,048	256	2,323,299

					Investments in subsidiaries	Investments in subsidiaries	Listed investments	Listed investments	Other Classes of Investment	Total
	Carrying values of investments
	At 1 January 2020								147,399	147,399
	At 31 December 2020								147,399	147,399
	Analysis between fair value and historical		cost
	Investments as above held at fair value								147,399	14i,399
	Analysis of Other Classes of	Investment
							Included	at
							historica I cost, less		Included at fair value	Total
							write down
	Summary of other classes of investments		at	31 December		2020
	Cash or cash equivalents								147,399	147,399
	The committee of management	is ofthe opinion		that the	current	market value of		the	investment
	properties held by the charity are not materially			different	to the	cost price; therefore			no revaluation
	adjustment has been made.
13	Debtors
									2020	2019
										E
	Other debtors								15,262	15,137
14	Creditors: amounts falling due within one		year						2020	2019
									E
	Bank loans and overdrafts								39,365	35,182
	Trade creditors								11,853
	PAYE, NIC VAT and other taxes								3,796	2,750
	Other creditors								347	495
									55,381	38,427
15	Creditors: amounts falling due after one year								2020	2019
	Bank loans and overdrafts								359,011	362,786

No	tes to the A	ccounts for	the year ended 31 December 202	0
16	Income and	Expenditure	account summary	2020	2019
					E
	At 1 January	2020		2,775,717	2,751,469
	Surplus after	tax for the year		(64,692)	24,248
	At 31 December 2020			2,711,025	2,775,717

At 31 December 2020	Unrestricted	Designated	Restricted	Total
	funds	funds	funds	Funds
	E	E		E
Tangible Fixed Assets	2,821,545			2,821,545
Investments at valuation:-
Fixed assetinvestments	147,399			147,399
Current Assets	156,473			156,473
Current Liabilities	(55,381)			(55,381)
Long Term Liabilities	(359,011)			(359,011)
	2,711,025			2,711,025

At 1 January	2020					Unrestricted	Designated	Designated	Designated	Restricted	Restricted	Total
						funds		funds		funds		Funds
						6		E		E		6
Tangible Fixed Assets						2,812,806						2,812,806
Investments	at valuation:-
Fixed asset	investments					147,399						147,399
Current Assets						216,725						216,725
Current Liabilities						(38,427)						(38,427)
Long Term Liabilities						(362,786)						(362,786)
						2,775,717						2,775,717
Change in total funds		over		the year as shown		in Note 17,analysed	by individual			funds
						Funds	Movement			Transfers		Funds
						brought	in funds		in	between		carried
						forward		2020		funds	in	forward to
						from 2019				2020		2021
							See	Note	19	See Note 0
								6		f.
Unrestricted	and designated			funds:-
Unrestricted	Revenue	Funds				2,775,717		(64,692)				2,711,025
Total unrestricted and designated					funds	277577,7 ~,		(64,692				2,711,025
Restricted funds:-
Unrestricted	Revenue	Funds				2,721,057						2,721,057
Total restricted funds						2,721,057						2,721,057
Total charity	funds					5,496,774		(64,692)				5,432,082
Analysis of	movements		in funds		over the year	as shown in Note 18
										Other
						Income	Expenditure			Gains &		Movement
										Losses		in funds
						2020				2020		2020
						F						6
Unrestricted	and designated			funds:-
Unrestricted	Revenue	Funds				321,502	(386,194)					(64,692)

22	Donations,		Grants and Legacies	Grants and Legacies	Grants and Legacies	Grants and Legacies	Grants and Legacies
										Curron! year	Current year	Current year	Pnor Year
										UIIrest I'Icted	Restncted	Total Funds	Total Funds
										Funds	Funds
										2020	2020	2020	2019
	Donations	and			gifts from	individuals
	Refunds from		HMRC on gift aided					donations		15,666		15,666	35,431
	General Fund									166,631		186,631	475,103
	Total donations individuals				and gifts	from				202,297		202,297	510,634
										Current year	Current year	Current year	Pnor Year
										UII I'eS't rICIea	Restnotea	Total Funds	Total Funds
										Funds	Funds
										2020	2020	2020	2019
	Revenue grants			from government			and
	public bodies
	HivIRC CJRS
										62,950		62,960
	Total public	sector revenue				grants				82,960		62,950
										Current year	Current year	Current year	Pnor Year
										unrestnctea	Restnctea	Total Funds	Total Funds
										Funds	Funds
										2020	2020	2020	2019
	Membership donations		subscriptlons			as				8,797		8,797	8,321
										Current year	Current year	Current year	Prior Year
										Unrestrlcte	Restricted	Totai	Total
										d Funds	Funds	Funds	Funds
										2020	2020	2020	2019
										6		6	f
	Donations	for Food (Covtd-1 9)
	General Fund									13,342		13,342
	Total Donations				for Food	(Could-19)				13,342		13,342
	Total Donations,				Grants and Legacies
	Total Donations, Legacies				Grants and					307,386		307,386	518,865
23	Investment	income
										Currenl year unrestnctea	Current year Itestnctea	Current year Total Funds	Pnor Year Total Funds
										Funds	Funds
										2020	2020	2020	2019
	Property Rental			Income						14,008		14,008	24,979
	Bank Interest		Receivable							108		108	57
	Total investment				income			A4		14,116		14,116	25,036
24	Expenditure		on		charitable	activities			- Direct	spending
										Current year	Current year	Current year	Prior Year
										unrestnctea	Restnctea	Total Funds	Total Funds
	Current Year									Funds	Funds
										2020	2020	2020	2019
										6		6	6
	Gross wages		and salaries - charitable							l46 766		146,766	176726

Eritployers' Nl - Charitable actwities	Eritployers' Nl - Charitable actwities	6 7002	8,755	9,751
Defined benefit pension charitable activities	costs-	1.820	1,820	2,947
Temporaiy Staff- Chaiitable Activities				2,241
Travel and Subsistence	- Charitable	1 234	1,234	1 066
Free kitchen (tangar) expenses		39,825	39,825	110,927
Festival and tournament	exps	1,902	1,902	11,128
Donations		6,536	6,536	1,000
Recruitment		980	980	480
Total direct spending	B2a	209,820	200020	326,260

Support costs for charitable	Support costs for charitable	activities	activities
Current Year					Current year unrestncted Funds	Current year Kestncted Futtds	Current year Total Funds	Pnor Year Total Funds
					2020	2020	2020	20ts
							0	2
Premises Expenses
Rates and water charges					(6,193)		(6,193)	12,887
Room Hire								1,846
l.ight heat and power Premises tepairs, renewals maintenance	and				27,951 14,243		27,961 14,243	60,777 19,860
Property insurance					6,861		6,861	8,382
Security								8,243
Administrative overheads
Telephone, fax and internet					1,160		1,160	1,388
Postage and stationary					97		97	1,706
Software licences and expenses					449		449	434
Sundry expenses					335		335
Professional fees paid to advisors			other than		the auditor or examiner
Accountancy fees other than examination or audit fees								810
Legal fees					1,866		1,866	621
Financial costs
Bank charges					1,303		1,303	3,273
Loan interest					15,453		16,453	12,790
Depreciation & Amorlisation	in	total for			111,667		111,667	106,378
Support costs before reallocation					175,202		175,202	239,393
Less support costs reallocated to			specific activities
To costs of raising funds					(239,393)		(239,393)	(180,369)
Total support costs - Current		Year			~64 161		~64191	69624
The basis of allocation ofcosts		between		activities	is described under	accounting	policies	(180,369)

26	Total Chantable	Total Chantable	Total Chantable	expenditure	expenditure	expenditure
								Current year		Current	year	Current year	Pnor Year
								unresrnctea		itestnctea		Total Funds	Total Funds
	Current Year								Funds	Funds
									2020	2020		2020	2019
										f.		E	E
	Total direct	spending					82a		209,820			209,820	316,260
	Total support		costs				82&I		(64,191)			(64,191)	59,024
	Total charitable			expenditure			82		145,629			146,629	376,284
	Ail tlie expenditure			in	the pnor yea		was uniestncteii
									Prior Year	Prior Year		Prior Year
								unrestnctea		nestnctea		Total Funds
	Prior Year								Funds	Funds
									2019	2019		2019
									E			E
	Total direct	spending					82a		316,260			316,260
	Total support		costs				82&I		59,024			59,024
	Total charitable			expenditure			82		325 284			376 284
27	Expenditure		on	raising		funds	and costs of	investment	management
								Current year		Current	year	Current year	Prior Year
								Unrestricted		ltestnctea		Total Funds	Total Funds
	Current Year								Funds	Funds
									2020	2020		2020	2019
									E	E
	Investment	management				costs			1,172			1,172
	Reallocated	from		support		costs			239,393			239,393	180,369
	Total fundraising				costs		81		240,665			240 565	180369