rth•m Irel*nd Sikh
oclJtlon
•l*nc• Sh••t as at 31•1
•r¢h 2025
Pl•rt & foulome
nd & ts￿11￿￿
UJTT
11.577
c*t*wJt
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 COr￿eM1￿ any s￿h 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 (ottr￿r than that disck)sed belovri:
{11 wh￿h gives me reasOna￿e cause to believe that in ary material re8￿t the r￿uIrements.
to keep &counting ￿(X)rdS in accordance ￿￿th section 130 of the Charities ACL
to prepare accounts accord with the a￿￿nIffig records and compty wth Ihe accounting
requ1￿ments 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 ci￿le as appropriate
Name
Michael Flanaq
Signature
Relevant Professional qualification or t
Institute of Chartered ACCO￿tants in IrelaTrJ
Address
OIC, Chartered Attsuntant 210. D￿0Van
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 attl￿tieS
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
I4￿53
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

8. 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
Depr￿latIOn.
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
9. 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￿&s￿r•r
Satvlr Glll
Secretiry
Mr James fvia8¢a
•sldent
Mr Amerjit Nagfa
IL@