rth•m Irelnd Sikh oclJtlon •lnc• Sh••t as at 31•1 •r¢h 2025 Pl•rt & foulome nd & ts11 UJTT 11.577 ctwJt QebYor C•Ah ',h Pt•nd C•Jh wt 3592 10315 Afftguftt% falllng due wthlfi one year 9.715 Cr•dlt•rJ Amounts fallln8 due after mor th•n on• ye•r 462.734 Unrestrftted ftsnd5 Restrlr4ed funds Totsl Charfty Funds 4A8.080 448,080 Approved by rhe Assodatlon members on 2026 and s18ned on thelr behalf bv: Secretary MrJ31Tl2S Nagra z Presldent Mr Amerjlr Na#fa Treasurer Satvir Glll
OIC. Chgrtwed 21 U L)(m(w 151(1Lé
Charity Commission No: 102407 Northern Ireland Sikh Association Financial Statements for Year to 31 March 2025
Information Bankers: Bank of Ireland. 15 Strand Road, Londonderry, Co Londonderry BT48 7BT Office: Nl Sikh Association, 12 Simpsons Brae, Londonderry BT47 6DL Accountant5: OIC Chartered Accountants 210. Donovan Road Culmore Derry BT48 8PS
Contents Accountant5 Report Statement of Financial Activities for the year ended 31st March 2025 Balance Sheet as at 31st March 2025 Notes to accounts
Basis of Indepgndgnt Examinerfs Rowt My examinab'on was carried out in accordance wth weral Directiorts &wven by the Chwrper50n aTrJ Treasurer. My examination includes a revtew of the accwnkn'ng records kepl by the ASSOC*.0 arKJ a cOmparisc of the accounts presented with those records. It also I{udeS consideralioD of any unusual items or ijisdosures in the accounts, and seeking explanations from the trustees COreM1 any sh matter5. The prccedures undertaken do not prowde all the evidence that would te required in an audit, and consequenljy opinion is given as lo whether the accounts present a 'lrue and fai¢ wew and the rep(Kt is limited lo those Matte set out in the statement bdow. Independent Examlnerfs Statement In connection wilh my examination. no matter has e(Mne to my attentitin (ottrr than that disck)sed belovri: {11 whh gives me reasOnae cause to believe that in ary material re8t the ruIrements. to keep &counting (X)rdS in accordance th section 130 of the Charities ACL to prepare accounts accord with the anIffig records and compty wth Ihe accounting requ1ments of the Charities h£t have not been met: or (21 to which, in my opinion. attention should b8 drawn in order to enable a proFer understanthng of the accounts to be reached. .Please cile as appropriate Name Michael Flanaq Signature Relevant Professional qualification or t Institute of Chartered ACCOtants in IrelaTrJ Address OIC, Chartered Attsuntant 210. D0Van Road. Culmore, Londonderry. BT48 8PS Date
Northern Ireland Sikh Association Statement of Flnancial Actlvities for the year ended 31st March 2025 Unrestiirted Fund5 Re5tri(ted Fund5 Totsl 2025 Total 2024 ¢oming resourtes". Voluntary Incomo Artiwtes for gÈneratin8 fund hef intome Tota5 Incom Resour Expended: 21,211 21211 21211 21211 273,834 273.834 Cost of generatin¥ intorT FundTai5inB cos15 As50(iation attltieS 4,150 2,385 30.333 33 6.388 Rent Governance costs 1.381 3S 9,737 Net n¥ement IA lunds before transfu5 Tran51e Net movenxnt in lund5 aftertran5fers 14.653 I453 264.098 14,653 Total lund5 brought ftsTward at 01104D024 Total fvnds tarried forward at 3 462,733 198,636 462.734
Northern Ireland Sikh Association Balance Sheet as at 31" March 2025 Balance Sheet as at 31st March 2025 Unrestricted Restrirted Total Total Funds Funds 2025 2024 Fixèd Assets Plant & Equipment Land & buildirE85 12.177 432.998 445.175 11177 432.998 445.175 20,010 432.998 453.(rf)8 Current A55ets Debtors Cash in hand Cash at bank 103 103 103 3.592 3.695 3.592 3.69S 10.412 10.515 Credltors Amounts falling duè within onè year 2.905 9.725 Total Assets less Current Llabllltles 461733 Creditors Amounts fallirbg due after nM)re than onÈ yÈar 448.080 462.733 Unrestricted funds Restricted funds Total Charlty Funds 448,080 462.734 448.079 462.734 Approved by the Assoaatioft members on 2026 and %i8ned on their behalf by: Secretary Mr James Nagra President Treasurer Satvir Gill Mr Amerjit Nag
3.Other income Unrestricted Funds Restrirted Funds 2025 Total 2024 Total Donations Insurance proceeds 21.211 21.211 32.616 241,218 21.211 21.211 273,834 04. Costs of generating Funds Unrestricted Funds Restricted Funds 2025 Total 2024 Total Bank charges Safety clothin8 Equipment Insurance 315 315 124 3.835 4.150 3,835 4.150 2.260 2,385 06. Association activities Unrestricted Funds Restricted Funds 2025 Total 2024 Total Depreciation Rent & utility costs Hospitality Donations Repairs and Maint3inen Foyle Hospice Walk Volunteer expenses Runnin8 Costs 7,833 9,257 7,833 9,257 507 13.243 13.243 5.664 216 6,388 30.333 30,333 07. Governance costs Unrestrirted Funds Restrirted Funds 2025 Total 2024 Total Professional fees 1.381 1,381 1.381 1,381 964 964
- Tangible assets Freehold Land & Buildin Fixture5 Fittin & Equipment 2025 Equipment Total Cost or valuation: At l April 2024 Office equipment adjustment- Additions Dssposal At 31 March 2025 475,028 78,330 553,358 475 028 DeprlatIOn. At l April 2024 Charge for year Office equipment adjustment - At 31 Marth 2025 42,030 58,320 7,833 IC(1,350 7,833 42.030 66,153 108,183 Net book value: At 31 Marth 2025 At 31 Marth 2024 432.998 20,010
- Creditors less than I year 202S 2024 Accounting fees 790 790
otth•rn Ir•land Si •40CIAtion o•l•nc• She•1 •J 310 M•rch 2025 pJ•-. Ay2. 103 3.S .a95 itY4 1OJ-.S 7W) •.Y35 462.m Cr•dltorJ Amotsn15 f•E!In8 #."4r after more ih•n on• year 462.7J3 .? ?SJ)80 46Ln4 Vnrestr+-. 46Ln4 Tot•1 Ch•flty Funds J8.080 Approved t12e Ass?dadon members on 2026 and signed on thelr behalf by: T&sr•r Satvlr Glll Secretiry Mr James fvia8¢a •sldent Mr Amerjit Nagfa IL@