Charity Number: 517411 Shri Guru Ravidass Sabha, Bradford Report and Financial Statements 31 December 2023 Shrl Guru Ravidass Sabha, Bradford Reports and accounts Contents Page Charity Information Trustees Report Independent Examlners report Statement of financlal activities Statement of financlal Posltlon Notes to flnanclal statements Shri Guru Ravidass Sabha, Bradford Charlty Information Truestees Mr Prem Lal Chohan Mr Rattan Pal Mr Murti Ram Chumber Mr Jarnail Ram Reporting Accountants B Ram & Co Accountants Ltd 7 Idle Road Bradford BD2 4QA Bankers Barclays Bank Plc. 10 Market Street Bradford BDI IEG Uoyds Bank 45 Hustlergate Bradford BDI INT Charity Address 4648 Rebecca Street Bradford BDI 2RX Charity registration number 517411 Shrl Guru Ravidass Sabha. Bradford Trustees Report The trustees present their annual report for the year ended 31 December 2023 Purposes and Aims Our charity was established in 1986 to advance and spread the Ravidassia teachings. The key purpose can be fulfilled by: encouraging the community to follow the teachlngs and philosophy of Shri Guru Ravidass Ji; publishing and circulating literature on his life and teachings; holding Confe￿nceS in which scholars and ￿SearCherS are involved; and Directing the younger generation to understand and follow the customs and traditions of the Ravidassia community. Flnanclal Revlew The financial statements show an Income of £59,524 whlch derives from donations and includes a Gift ald reclaim. During the yearthe charity spent £18,851 mainly to provide facilities at the temple and for the upkeep of its buildings and service the bank loan facility. The surplus of funds totalling £34,491 has been added to the Charities unrestricted funds which at the balance sheet date total £834,685. Responsiblllties of the Trustees The trustees are responsible for preparing the Report of the Trustees and the financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity a5 at the balance sheet date and of its incoming resources and application of resources for the financial period. In preparing these financial statements, the trustee5 are required to". select suitable accounting policies and then apply them consistently; observe the methods and principles of the Charities SORP: make judgements and estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures prepare the financial statements on the going concern basis unless it is not appropriate to assume that the charity will continue on that basis. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charlty and enable them to ensure that the financial Statements comply with charity law and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustees on 24 July 2024 and signed on its behalf by: Jarnail Ram Rattan Pal A-ll_ FJ INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHRI GURU RAVIDASS SABHA, BRADFORD I report on the accounts of the charity for the period ended 31 December 2023, which are set out on page5 6 to 9. Respective responsibilities of trustees and examiner The charitws trustees are responsible for the preparation of the accounts. The charitV5 trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the 2011 Act; To follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5llbl of the 2011 Act; and To state whether particular matters have come to my attention. Basis of independent examinerfs report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequent5y no opinion is given as to whether the accounts present a 'true and fair view, and the report is limlted to those matters set out in the statement below. Independent examlnerfs statement In connection with my examination, no matter has come to my attention other than disclosed below; l. Which gives me reasonable cause to believe that in any material respect the requirements: a. To keep accounting records in accordance with section 130 of the 2011 Act; and b. To prepare accounts with accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr Bhagat Ram Narr Bsc {Honsl AFA FAIA B Ram & Co Accountants Ltd 7 Idle Road Bradford BD2 4QA Shrl Guru Ravidass Sabha. Bradford Statement of Financlal Activities For The Year Ended 31 December 2023 2023 2022 Incoming Resources Donations HMRC Gift Aid 49,924 9,600 62,803 13,747 59,524 76,550 Resources Expended Langar costs Light & Heat Rates and Water Insurance Repairs and maintenance Telephone and broadband Cleaning and sundry expenses Other expenses Air pressure testin8 Travelling costs Donations Postage and stationery Bank Charges Other legal & professional fees Bank Interest 1,093 5,936 1,396 1,042 1,058 1,007 2,707 155 984 2,365 466 365 150 212 650 301 75 255 159 850 1.321 41 4,876 4,200 18,851 40,673 13.637 62.913 Depreciation Profit and loss on disposals Depreciation of fixtures and fittings 6,182 7,274 6,182 7,274 Net movements in funds 34,491 55.639 Shrl Guru Ravldass Sabha, Bradford Statement of Flnancial Posltlon For The Year Ended 31 December 2023 2023 2022 Notes Flxed Assets Tangible Assets 864,538 870,720 Current Assets Prepayments Cash at bank and in hand 461 4,013 4,474 23,612 23,612 Current Llabllltles Trade creditors Net Current Assets 23,612 4,474 Total Assets add net Current assets 888,150 875,194 Credltors: amounts falllng due after one year 5&6 53,465 75,000 Net Assets 834,685 800,194 Income Funds Funds brought forward Net Movements in year 800,194 34,491 744,555 55,639 834,685 800,194 Shrl Guru Ravidass Sabha, Bradford Notes to the Financlal Statements For The Year Ended 31 December 2023 l. Accountlng Pollcy The accounts have been prepared under the hlstorical cost convention. In preparing the accounts the charity follows best practlce as laid down In the Statement of Recommended practice, "Accountin85 and Reportin8 by Charities" issued In 2005. Income Donations are accounted for when received. Expenses are accounted on accrual basls. The value of services provided by volunteers ha5 not been included as Incomlng Resources. Depreclatlon Depreclation has been provided at the following rate5 In order to write off the assets over their estimated useful lives Equlpnient & Flxtures 15% reduclng balance 2. Taxatlon The trust is a re8lstered charity and accordlngly is exempt from taxation on Its Income and gains where they are applied for charltable purposes. 3. Related party transactlons None of the trustees were paid remuneration or expenses by the charity during the year. Shri Guru Ravidass Sabha, Bradford Notes to the Financial Statements (Continued) For The Year Ended 31 December 2023 4. Tangible Assets Land & Buildings Flxtures & rrttlngs Totsl Cost As at l January 2023 Disposals Additions As at 31 December 2023 829,504 67.520 897,024 829,504 67,520 897,024 Depreciation As at l January 2023 Disposals Provided during the period As at 31 December 2023 26,304 26,304 6,182 32,486 6,182 32,486 Net Book Value As at ljanuary 2023 As at 31 December 2023 829,504 829,504 41,216 35,034 870,720 864,538 5. Long Term Loans from charity members Interest free loans received, for a period of 5 years from loan drawdown, interest is charged at 1% after. Name 2023 2022 Gurmail Chand 11,000 11,0 Loan amount received 25 September 2017 and has subsequently been paid on 11 June 2024, interest accrued to date paid amounts to £192.50. 6. Long Term Bank Loans Bank Loan 42,465