slrl Guru Nanak Gurdwara Dund Charlty Numb•r SC044489 Annual Report and Account• to March 2024 Slrl Guru Nanak Gurdwara Dundee, Scottish Charlty No: SC020444 Gurdwaf3 Management commlttees, Annual Report For the year ended 31 March 2024 The committee members have pleasure in presenting their report with the financial statements for the year ended 31 March 2024 Reference and Admlnistration Informatlon Charlty No EC0444Rg Current Management Committee Independent Examiner MMG Chartered Accountants Chapelshade House 78-84 Bell Street Dundee. DDI IRQ Siri Guru Nanak Gurdwara Oundee. Scottish Ch•rity No,, SC020444 Gurthmafa Management comm￿ee$, Athnual Report For the year ended 31 March 2024 Str￿ture, Go¥ernance and Management Constltutlon Siri Guru Nanak Gurdwara Dundee is a charity re8lStered on 10 December 2013. It 15 an Unincorporated Association and remains as Such. Previously to re8lStration the organisation was also an unincorporated ass¢xiation. The association consists of a Management Committee and a body of members. The 8eneral membership is open to all Sikhs. Appolntment of Man4oment Commlttee The Management Committee meets at least slx times a year with the AGM held once a year. The first flve offlce bearers of the a550cialion shall also be the trustees of the association. Management committee members are elected 81 annually and are open to all general members of the association. There must be a minimLtm of four and 3 maxlmum of nlne members. Oblectlves and Artlvltles The purpose of the Slrl Guru Nanak Gurdwara Dundee will be the advancement of educ*ion, the advancement of religion. The provlsSon of recreatlonal facllitles, or the organisation of recreatlonal actlvitles, with the oblect of Improving the conditlon5 of Ilfe for the person5 whom the facllltles or activltles are primarlly Intended. Actlvltles The charity promotes the teachln8s of the Slri Guru Granth Sahlb, and the Slkh faith by holding congregations to read and recite the holy prayers. There are various vislts organised for speakers and recitals that are very well attended. The Gurdwara has also organised a Punjabi class con51Stin8 of about 10 children who learn Punlabi language and teachin8 of the Sikh faith. A new Kirtan class is organised to teach children muslc to accompany hymns. The children enjoy learning here which encourages their development in a safe and carlng envlronment. The Gurdwara provSdes a cradle to grave servlce, from the polnt of a first baptism to the weddSnBs and finally funeral servlces. We as the commlttee work to facllitste all requirements of the membership which can include organlslng Sikh camps for the development ol young and old without discrlmlnation of anyone. Achlevements and Performance The Gurdwara had sutcessfully achieved charitable status Sn December 2013. It Is expected that the charity status will secure the continuity of the organisation for the future. A part of the yearly examination by the Environmental Health department has been completed and we are pleased the inform that again the Gurdwara has gained another pass certificate. FollowinE the great challenges of the covid 19 pandemic, the Gurdwara and its congregation have survived and now aim to ￿bUIld its place in the Sikh community. Sirl G¥ru Nanak Gurdwara Dundee. Scottish Chawity No: SC020444 Gurdwara Management committees, Annual Report For the year ended 31 March 2024 Financlal Review Our main source of funding is from donations provided in the donations box or donations provided for a receipt. Thi5 has seen a retovery following a drop in donation5 due to Covid-19 Pandemic. The main element of the expenditure is insurance costs followed by Gas costs and Electric which wa5 incurred during the year. Plans for future perlods Following many years of discussion the management commlttee believe that the facilities for men have deteriorated severely and that new facilities be provided. We have engaged architects and building consultants to create a plan and obtain Planning Permission. Following granting of permission we are nearing the conclusion of tendering proce55 and appoint a contractor. We will also continue the expansion of teachln85 of the Sikh faith. Reserdes Policy The charity15 operated by volunteers and incurs no salary related eosts. There are no debts lo be met bv the charlty,. therefore a policy on reserves is not currently required. The reserves In hand at 31, March 2024 are £160,555 which the charity considers to be appropriate. Approved by the Trustees and signed on their behalf by, Slrf Guru Nanak Gurdwara Dundee, Scottlsh Charlty No.. SC020444 Independent Examiner's Report to the Trustees of 51rl Guru Nanak Gunlwara Dundee Year ended 31 March 2024 I report on the accounts of Siri Guru Nanak Gurdwara Dundee for the year ended 31 March 2024 as set out on page5 5 to 8. Respectlve responsibllltles of trustees and independant examlner The charlty's trustees are responsible for the preparation of the accounts in accordante with the terms of the Charities and Trustee Investment (Scotlandl Art 2Ci15 and the Charities Account5 (Scotlandl Re8ulations 2006. The charity triJ5tees consider that the audit requirement of Regulation Iolllldl of the Accounts Regulatlons does not apply. It is my responslbility to examine the accounts as required Ltnder Section 44llllcl of the Art and to state whether partlcular matter5 have come to my attentlon. Basls of Independent examlner's ststement My examination 15 carried out in accordance wlth Regulation 11 of the Charities Accounts (Scotlandl Regulations 2006. An examination includes a review of the accountin8 records kept by the charlty and è omparlson of thÈ accounts presented with those records. It also Includes conslderation of any unusual item5 or dlsclosures in the accounts and Seeks explanation5 from the trustees concernin8 any such matters. The procedures undertaken do noi provide all the evidence that would be required In èn audlt and, consequently, I do not express an audit oplnion on the accounts. Ind•pend•Trt •xamlnei's st•tem•nt In the course of my examination, no matter has come to my attention: which glves me reasonable cause to belleve that, In any materlal respect, the requirement5'. to keep accountln8 records in accordance wlth Section 44llllal of the 2005 Act and Re8ulatlon 4 of the 2CQ6 Accounts Regulations, and to prepa￿ accounts which accord with the accountln8 records and comply with Regulatlon 9 of the 2006 Accounts Re8ulations have not been met. or to which. in my opinlon, attentlon should be drawn in order to enable a proper under5tandln8 of the accounts to be reached. MMG Archbold CA Chapelshade House 78- 84 8ell Street Dundee DDI IRQ Date: 30 Aprll 2025 Siri Guru Nanak Gurdwara Dundoe Charity Number SCOM489 Annual Report and Accounts to 31 March 2024 Unrestricted Funds Restricted Funds Year Ended 31 March 2024 Year Ended 31 March 2023 Recelpts Donations 8ank InterÈst 54,095 54,095 45,805 765 54,095 46,570 Total Receipts 54,095 Payments C05t of charitable actlves 29,501 29,501 62,291 29,501 29,501 62,291 Total Payments 115,7211 Surplusl (Deficit) for the year 24,594 24.594 Transfers between funds 115,7211 SuTpIu51 (Delicitl for the year 24,594 24,594 ststement ol Balances- As at 31 March 2024 Unrestricted Funds Restricted Funds Year Ended 31 March 2024 Year Ended 31 March 2023 Openln8 cash Bank and in Hand Building Society Account Surplusl (Deficit) for the year 135,961 135,961 151,682 24,594 24.594 115,7211 160,555 160.555 135,961 Current Account Balance Building Society Account 160,555 160,555 135,961 160,555 160,555 13S,961 other A55ets- Unreytrkted The valuatlons are based on stral8ht Ilne depretlatlon over the estlmated1Sfe of the a55et except foi the buildin8 whlch Is based on a professional valuation carried out in February 2016 Year Ended 31 March 2024 Year Ended 31 March 2023 8ulldln8s I valuatlon Feb 20161 Kitchen equipment Laundry Equipment Maln Hall Equlprnent Garden Equipment 200,1 3,235 949 983 463 205,630 200,000 3,825 1,201 1,615 33S 206,976 Prepayments 5.703 5,703 5.570 5,570 LSabllitles Accruals 1,444 1,208 The Accounts were approved by the trustees of Sirl Guru Nanak Gurdwara Dundee on 30 April 2025 and 5I8n&d on behalf of the management commiltee bv". Siri Guru Nanak Gurdwara Dundee, Scottish Charity No.. SC020444 Notes forming part ol the financial 5tatementS For the year ended 31 March 2024 l. Basis ot accounting These accoLJnts have been prepared on the Receipt5 and Payrrtents bèsis in accordance with the Charitie5 & Trustee Investment (Scotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2006. 2. Nature and purpose of funds Unrestricted funds are those that may be used at the discretion of the management committee In the furtherance ol the objects of the charity. The mariagement committee maintain a 5in8le fund for the dav- to-day running of the Gurdwara. Restricted funds may only bo used for the spec1fic purposes. Restrlctlons arlse when funds are raised for specific purposes, or specifically mentioned by a donor. 3. Related party transactlon The Guidwara insurance policy Include5 Trustee Indemnity Insurance for all its rnanagement committee and trustees, No other remuneration wa5 paid to tho managcment committee or any connected persons durin8 the year. No trustee received expenses durin8 the year. 4. Donatlons Donations Teceived during the year have all been from general donations towards the running costs of the Gurdwara and a gift aid reclaim. Unrestricted Funds Restricted Funds Year Ended 31 March 2024 Year ended 31 March 2023 S. Charitable Activitie5 Gents toilet Conservatory Speakers Equipment Heat & Light Insurance Roof repalrs Upstalrs rooms Professlonal fees Waterlwaste supplv Maintenance contract5 Postage Telephone Independent examinatlon fee5 Alarm maintenance Instruments Gas Safetv Miscellaneous Expenses 22.762 9,147 1.600 1,946 14,133 6,279 790 790 524 13,132 6,431 2,230 2,229 750 524 13,132 6,431 2,230 2.229 750 933 3,310 558 68 167 1,260 128 210 720 210 720 772 772 545 584 545 584 29.501 29,501 62,291