GURU NANAK GURDWARA WARRINGfoN Unaudited Financial Statements 30 June 2023 Sa8hir Ahmad MBA FAIA Independent Examiner First Floor. Suit 2. The Polnt 173 - 175 Cheetham Hlll Road Manthester M8 8LG
GURU NANAK GURDWARA WARRIPIGTON Yw ended ljuNE 2023 The trustees present t•r report ar nalited fi1la1 statern of the charityfor the year eth 30June 2023. GURU NANAK GURDWARA WARRINGTON 515438 DOVER ROAD LATCHK)RD WARRINGTON WA4 INM Mr Pssekhon Mr D S Johal Mr P Singh Mr K S Dhillon MrHSToor Mr P Slngh (Law sava) Mr C SI (Larear saval Mr R S Khaniiau (BWklI MainteTran) Mr M SI {Health Safety) Mr P S Smlhu (Main hal control) Mr G SIh(seet3ryXc0mmunrats) Mr K S Dhaliwal {Stsge) Mr 8 5 Gill (Larvger ShoPeducat)nI SaghirAhmad MBA FAIA Fwst Floor. Sulte 2 The Point 173- 175 Cheetham Hill Road Manchester M8 8LG
GURU NANAK GURDWARA WARRINGTON Trustees. Amual Report (continued) Year ended 30 JUNE 2023 and investment Kdicy of Charity. TneeS are appointed and rem(Ned by the Sadh Sat (Communityl. A Managln8 Commlttee of members is apFM)inted by the 5adh Sat to manage the day to day operatlons. There are sub committees set up to cover buildi devek)pment aml maintsno. youth related activitie5. Won social welfare. rell8X)us a* Punjabi edation. The obiettive of tr charity to be the furtherance of relEion In accordarKe with the teachi od Sir Guru Granth Sahib. Whilts the prirnary obietti¥e of the dwrity 6 to eneble those of a Sikh heritage and &kh commitment to share a plao of worship. San8at ICongre8ation) and langer (communal kitchen and food), the GNG prides itself on being able to extend its building and its volunteers tlme to all members of the Warrington community and neighbouring towns. Practice of Sikhism". to provide faalities to enable followers of the Sh relÈion to pratice their faith in aconvenient and conductive environment in CordanCe to Sikh Gumiat i.e. the princtples and Yules lay down by the ten and Sir Gtsru Granth Sahib (the holy scriptures)- 21 Celebration of Sikthism and Skh Beliets: to hold key events to highlight ets of the Sikh calendar. 3) Fo5 on edwation and sports: ensure the charity delivers education on both re$ ideolo8y and Puniabl lauage ar provKling opwrtuniiies of swrt a1 the distribution of non-faith infomiat4)n aNI education. 41 Communlty Focus and Public Benefit Focus on the community interVaTr and diversty. s) Improve the GNG facilitles: increase the facilities and capaty of the buildin& Publlc Benefft The tn15tees and the management committee have had due regard to the (tharity Commission's guldance on publlc benefft. In particular GNG has provlded publi benefft in relation to the advancement of religion and of community development particulary throught its education and youth artNities which involve local schools invited to GNG.
GURU NANAK GURDWARA WARRINGTON Trustees. Annual Report {contlnued) Year ended 30 JUNE 2023 Volunteers Many of0urv0l gilt up theirtirne to Idp at Gwdwarn. wtoaknon Wed•e¥eni to prepare aThl distribute vegtrain meals to homeless Fwle at YMCA Warriw. Thi5 service has been In operatknn fortt last three w and wlll cany on as asthere is a Gunlwara WarTi118ton. Practice of Sikhism: GNG has one priest to supix)rt all reious Servi The wst is respom for all religious rvices. The 15 Gurdwara open from 5.(Kl am to 7.(XJ pm. If fftded for 5epaal servkes the Gurdwara is open as and when required by the congregation. Daity and rnorini service5 are conducted Inside the ternple. Servies and other Practi accordi to the Sikh Rehat Maryada (Sikh Code of Conduct) are prefomed for weirES. bithhdays. naml¥Ing remOnIeS funerals OT any otherocca5ions according to the needs of the vrShipperS thrOu8h0 the year. Reguliar daily ServI5/prayerS a conducted at the following tirnes: 5.30am to 6.lknm (Nit-Name and moming prayer5 serviS) 6.(I)pm {Rehras, and praJTrs servKes}. Increasing the knowlwdge of Sikhism and the functioning of Gurdwafa comSnity focus and public benefft of wider cornmunlty. We have hosted Primary and Secondary from across Cheshire. Students and teachers Spend one to two hours inside the Gudwara. They are Biven tour of the Gurdward and shown of the frdalities provided to the saat and made aware of the prdctis and traditional routine of prayers in the Gurdwara. They a tsken around the buildi and shown the ladar hall where all the worshippers wepare food and eat together. Flnandal revlew Trustees a responsible for tt maintenance and Iiitegrity ofthe charity a1 fina131 InfOnatiOn. Monthty inome arKI expenditure is prepared arnl discussed on re8ular basis. income of the charity for the year amwnted to £68.694 {2022: £44A171 giving a swplus of £31.687 {2022: deficit of £71W). Reserve policy It 15 the poltry of the trustees to maintsln reserves on the general fts of the charity equal to about six months, nonnal experKliture. At the yearnd this w(wld have required reserves of about £25.(KK). Artual free reserrfes amounted to £40,318 after alkjwing for f1 assets.
GURU NANAK GURDWARA WARRINGTON Trustees. Amual Report (continued) Year ended 30 JUNE 2023 The trustees, annual rert was on 18 November 2024 aNI sened on behalf ofthe board of trustees by: Mr K S Dhillion Trustee
GURU NANAK GURDWARA WARRINGfoN Independent Examlner's Report to the Trustees of GURU NANAK GURDWARA WARRINGTON Year ended 30 JUNE 2023 I report to the trustees on my examination of the fonancial statents of GURU PIANAK GURDWARA WARR114GTON (Ihe drI) for the year ended 30June 2023. As the trustees of the charityyou are re5ponsilAe for the ppalatiOn of ts financial statements in accordan with the requirements of the Charities kt 2011 (Ihe kv). I report in respert of my minatIon of the charitys thancial 5ktements (aryied out under settfon 145 of the 2011 Art and in carying out my examination I have followed al the applirable Dirertions given by the Charity Commisgon urNler section 14515)(b} of the kL Independent examinevs siatem I have completed my examination, I confim that no materlal rnatters have come to my attention in connection with the examination giNing me cause to believe that in any material respect. accounting records were not kept in respect of the tharlty as required by 5ettion 130 of the A¢" or the finandal statements do not accord with those record¥" or the financial statements do not comply with the applfcable requlrernents cOnrnI the fonn arKI contents of accounts set out in Charities (Accounts and reiN)rts) Regulations 2(K)8 other than any requirernent that the accounts give a 'true and f* view whith is not a matter considered as part of an independent examination. I have no concern and have Con across no other matters in coTrneckn with the examinalk)n to which attention shpuld be drawn this re in orderto enable a proper under5tandin8 of the accounts to be reached. Saghir Ahmad MBA FAIA Independent Exarrfner First Floor. Sulte 2. The Point 173- 175 Cheetham Hlll Road mandster M8 8LG Dated." 18 November 2024
GURU NANAK GURDWARAWARRIP4GTON Year ended 30 JUNE 2023 furnls T•)ial fwKls Trfal funds Donatrjns and le8ac InvestnRnt i)rne 3132 37,662 16,782 28.025 Expendlture Expendlture on charitable artivities 37,LM)7 116,649 Total ExpeTh11re 37A 116,649 31.687 Retondktk•n of funds Total funds iyought fonmard 529503 f1.345 561.190 The statement OffiaOI arti all gains and kwes recwi5ed in tt* year. The notes on pages 8 to 15 fonn part of these financial statements.
GURU NANAK GUItDWARA WARRINGfoN Statement of Finanaal Position 30JUNE 2023 Ixed assets Tangible fixed assets Investments 263,581 257.291 520 264.771 257,291 522.062 Debtors Cash at bank and in hand 1,932 42.545 44A L509 18.145 Creditors: amounts falling due within one ar 4.159 12.213 Net ¢urrent assets 40318 7,441 Total assets less current liabilities 561,180 529.503 561,190 529.503 Funds of the ¢hwlty Unrestricted fvftds 561.1 529.503 Total dwrlty fvnds 16 561.190 529W3 These financial ststements were approved by the board of trustees and authorised for l&sue on 18 r202 nd are s*ned on behalfof the board by: Mr K S Dhllllon Trustee The notes on page5 8 to 15 fomi part of these financial statements. Pa8e 7
GURU f4ANAK GURDWARA WARRINGTON Notes to the Flnanclal Statements Yearended 30JUNE 2023 addre55 of the principal oifKe 15 Dover Road. iatdthjrd, Warrirwon, WA4 INW. Reporti 5tsndard applKable in the UK and pubC of Iland,, Statern of recomnRrKled Practice applicable to tharitie5 preparing ttir ac(ounts In accordaKe with the FwbaThial Rewxti Standard applicable in thr UK aThl of Ireland (FRS 102) (Charities SORP (FRS 102)) aYKI the the Charities kt 2011. The finanaal statements have been pared on histori1 cost basis as nx)difd by tt revaluation otcertain assets and liabilttie5 aNI investrnent properties measured at fair vak thrOh income or expenditu. The financial ststement are prepared in Sterli which Is the funciatNMI curreKy of the entity. and assumptions that addect the amounts reported. These estimates and jjgeMents are continually leVd and are based on eXperIee a1 other factor¥ eXpeCkS0f future events that are believed to be reasonable under the circwnstance& Unrestrirted fuThts are availatAe forthe use at the direclion of the trustees to furtkw any of the charitvs purposes. Desi8nated fijnds are unrestricted funds earnwrked lry the trusteesfor proiert or commitment.
GURU f4ANAK GURDWARA WARRINGTON Notes to the financial Statsments (conts"nuedl Year erKled 30 JUNE 2023 flow to the tharity arrfl the amothrt be refobly The foJknVi spefft poliLies a applied to particular categories of NKome: to the SI receipt is probBble aNI its amount an be measured reliabty. impractical to measwe lIablY. kn whith case tt value is deT¥ied from the cost to the accounts vthen received If can be reliabty Thred. Ilo arnOt are Ind for tt contrilmrtion of 8ra1 volunteers. which can not be ftdty recovered. and is classi under h&id1 ofthe statement of expenditure on raising fvnd5 IndleS costs of all the fundraisi athibes. events, )n-charitable tradi activities arKI sale of donated good undertaki1 artivit that further its dHiitable aims forthe of its beneficiaries. including those SUPM costs latI1V to the g(Vernan of the tharity aw)ortioned to charitable activitie> Page 9
GURU NANAK GURDWARA WARRIPIGTON Notes to the Financlal Statements (conbnued) Year ended 30 JUNE 2023 other expenditure indudes all expertditure that is neither welated to raisi fund5 for chaiity nor part of its expendlture on dritable activit All costs are allocated to expelture categories refiectin8 the use of the weUr0. Direct costs albuble to a sin8le artTty a allocated dlrectty to the activity. Shared costs are apwrtioned between the artivit cortribute to a reasonable, justifiable and consistent basis. Talble assets Tangible a55ets are intially recorded at cox and subsequentty slated at cost less any accumulated depreciation and impairrnent losse& Any taTh8ible assets carried at reval ar¥K>unts are recorded at the fair value at the date of reIatK)n less any subsequent accumthated impaurnert k>sse An increase in the carryin8 amount of an a55et as a result of a revaluation, 15 recognised in ottr recognised gains and losses. unless it reverse a char8e of impairment that has weviousty been recognised as expenditure within the statement of fiTranoal activits. A decrease in the carryiffd amount of whith it offsets any pwious revaluation gain, in which case the1055 15 shown withi other reco8nlsed gains and k)sses on the staternents of financial activits. Investmenr property is initially recorded at cosL which Include purchase price and ary direcdy attributable expefiditure. Investment property Is dIUed ti its fairvalue at each rEpJrtir% date and any thatvaes in fair value ae reco8ni5ed income or exPendIre. If a reliable measure of fair value is no lor¥er availablewithout VIUe cost or effortfor an item of investment woperty. it shall be transferred to tan8ible assets and treated as such until it 15 expected that fair Wdlue wli I be reliably measurable on an orpgoia ba5iS. Impalrn*nt of red assets A review of Indicators of impaimient is carried out at eath reporting date. with the recoverdble rnount beSng estirnated where such indicator exist. Where the cany1 value exceeds the recoverable amounL the asset is impaired acconlith, Prk)r impairmentare a150 TevIevd f pOlbIe reversal at each reportin8 date. Page io
GURU NANAK GURDWARA WARRINGTON Notes to the Financial Statements (contlnuedj Year ended 30 JUNE 2023 Forthe purposes of impairnient testi when it is not possible to estimate tt recoverable amount of an indbvidual asset, an estimate is made of the retoverable amourrt ofthe cash- 8ener3tin8 unit to which the asset belonB. The cash-generating unit is the smamest identifiable groups of assets that Indle the asset and genetates cash inflows that lar8ety independent of the cash infiow5 from other assets orgroup of asse For irnpainnent testing of goodwill, the goodwill acquired in a business combination 15. from the acquisition date. allocated to each of the cash-8eneratin8 units that a expected to benefft from the syneIe5 of the combination. irrespective of whether other assets or IlablleS of the drity are assigned to those units. Government grants a reco8nised at the fairvalue of the a55et received or re1¥ab. Grants are not recognised until there Is asonable assuran that the charfty will compty with the conditions attaching to them and the grant wil be received. Where the grants does not imposed specified future perfoTrnance-related conditK)rns on the recipient, it 5s recognised in income when the 8rant proceeds are recived OT receivable. Where the grant does impose speclfied future perforniance-related condltions on the receipent, it is recognised in income onty when the perfom)ance-related conditions have been meL Whe 8rants recived a prior to saty11 the revenue recognised criteria, tly are rec<yised a5 a eli
GURU NANAK GURDWARA WARRINGfoN Notes to the financial Statements (contsnued) Year ended 30 JUNE 2023 Funds Donation5 Donation from Local Charity 28,032 28,032 14242 14.242 31.032 31.032 16.782 16,782 Furn15 Income from investment properties Bank interest CeIVable 37.647 15 37.662 37.647 2&023 28,023 37.662 28.025 28025 & Expendlture on dwrltsble acll¥ftits fund type Funds Furthernnce of Sikh reli8ion Support costs 35,407 35A07 114.650 114.650 37.C117 37.IXJ7 116.649 116.649 undertaken dlre¢Uy Toial Fund5 Total Funds Furtheran of Sikh reli8ion Governance costs 35.407 35A07 114,650 35,407 37,(K)7 116,649 Net expenditure Net expenditure Is stated after char81n(CreditinSl. Depreciation of tangible fixed assets 2,133 2,038
GURU NANAK GURDWARA WARRINGTON Notes to the Flnandal Statements (contlnued) Year ended 30 JUNE 2023 i¥* Fees payable to the indepeThlent examinerfor. Independent examinatlon of the financial ststements 1.6Tr) 2,(XX) IQ Staff The total staff costs arxl employees benefits forthe reporting rIOd are analrA a5 folknkns: Wages and salaries 9.187 5.250 The average head count of empbyees duri thre year was 112022: 2). No employee received empk)yee benefits of more than £fAJ,IXM) duri the year (2022: Nil). There was no remuratiOn for the TTUStees. Tan8lble assets Land and Flxthre5 Ix41kllws and ffttl At l July 2022 Additions 252.295 20,382 272.677 At 30June 2023 252.295 21325 273.620 At l July 2022 ChabEes for the year 2.133 2.133 At 30ne 20Z3 10.039 lo.39 Carrylry amount At 30June 2023 252295 11286 2631 At 30June 2022 252.295 12.476 264,771
GURU NANAK GURDWARA WARRINGTON Plotes to the financial Statements (conbnued) Y&v ended 30JUNE 2023 At l My 21ll2 aml 30kne 2023 1mpalrnnt At ljuly 2022 and 30Jw* 2023 257291 materially different from theirfair Ydlue. L932 Trade creditors Accruals and deferred income 559 8.854 3,359 4.159 12,213
GURU NANAK GURDWARA WARRip46foN Notes to the Finandal Ststements (contlnued) Year ended 30 JUNE 2023 16. Pmly5b of dwrltth fuThls Asattst ne 2022 General funds 529.503 68.694 137.1))71 561.19) Asattst Juty IncThne Exp•thr¢ 2021 Atjune June General funds 601,345 44,807 {116.6491 529.503 Tangible fixed assets Current assets Creditors less than l year 520.872 44.477 (4.1591 S2072 44.477 (4.159) 561.190 561.190 Total Tanglble fixed assets Current a55ets Credttors less than l year Net assets 522.062 19.654 112.213) 529.503 522.062 19.654 (12.2131 5Z9.503 Pa8e 15
GURU NANAK GURDWARA WARRINGTON Management InforniaOn Year ended 30 JUNE 2023 Page 16
GURU NANAK GURDWARA WARRINGTON Detailed Ststements of financial Activlties Year ended 30 JUNE 2023 Donations Donation from Local Clwrlty 2832 14242 3L032 16.782 Income froffl IlNe5t prnperties Bank interest receivable 37.647 28m3 37,662 28,025 Purchases Wages and Salaries Printing and stationery Rates and water ght and heat Repairs and mainten Insurance Other establishment Legal and wofessior411 fees Telephone Other office costs Depreciation Extemal religious seryices 3.193 L957 5250 331 299 6,458 5.619 13.792 81.347 1,192 1428 1,418 714 3.910 37JX)7 3250 Total expernlknre 37,(#)7 116.649 Net expenditure {71WI Page 17
GURU NANAK GURDWARA WARRINGTON Notes to the Detalled Statements of nanCIal Activitles Year ended 30 JUNE 2023 FurtherdKe of Skh rellg Food Wage5 and salaries Printing and stationery Water Light and heat Repairs and maintenan Insurance Cleaning Legal and professional fees Telephone Sundrie5 Depreciation External reli810 services 3.193 1.957 5.250 331 299 6,458 5.619 13.792 81.347 L192 L428 2.2(X) 714 1.288 550 2,133 3.910 35007 2.038 3.250 114.650 Accountsncy fees 37JA)7 116B9 P4e 18