| Bhat Singh Sabha (Highgate) |
| The report of the trustees for the year ended 31 March 2025 |
|
| OBJECTIVES AND ACTIVITES |
| Main Activities |
| The trustees confirm compliance with section 17 of the Charities Act 2011 regarding public benefit. We have referred to the guidance contained in the charity commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. |
|
| Risk Management |
| The trustees actively review major risks, including financial sustainability, building maintenance, and compliance. Mitigation measures include regular financial monitoring, insurance coverage, and governance oversight. |
|
|
| FINANCIAL REVIEW |
| During the financial period, utilisation of The Saffron Centres Facilities had somewhat improved on the decline experienced in the second half of the previous financial year, however sentiment was clearly cautious partly due to macro-economic factors and uncertainty around expected government policy. |
|
| Total income for the year was £265,800 (2024: £305,872), a decrease of 13.10%. Total expenditure was £240,097 (2024: £272,925), a decrease of 12.03%. |
|
| The year ended with a surplus of £25,703 (2024: £32,947). |
|
|
| PLANS FOR FUTURE PERIODS |
| Continued efforts are needed to enhance the resources and facilities the charity provides, to ensure the centre remains a viable, sustainable, and sought-after community resource. To this end, the trustees and senior management of The Saffron Centre are dedicated to actively seeking opportunities aligned with the charity's aims and objectives to achieve this goal. |
|
| In particular, the trustees aim to secure funding for essential building upgrades, including boiler replacement, rendering repairs, and cosmetic improvements such as new chairs for the conference room to attract new business. Energy efficiency remains a long-term goal following an unsuccessful grant application. Marketing efforts continue, including updating the website to increase bookings. |
|
| Facilities for recreation, leisure time occupation in the interest of social welfare |
| Overall, there was a 14.66% decrease in usage and turnover of £43,125 for the conference & meeting room facilities, bringing the total revenue for the year to £251,070, compared to £294,195 the previous year. |
|
| Given the macro-economic factors stated above this decline comes as no surprise and is expected to continue into the forthcoming financial year. However, whilst the overall turnover is down the overall number of bookings is relatively unchanged. |
|
| In the same period, the centres main suite, also used for wedding receptions, engagements, birthday parties and other such private events, generated £13,375 in revenue (2024: £5526), an increase of 142.04%. |
|
| Additionally, the centre's car parking facilities generated a nominal sum of £125 being utilised by a local church. |
|
|
| Name, registered office and constitution of the charity |
| Full name: |
Bhat Singh Sabha (Highgate) |
|
| Date of incorporation: |
8th of January 2003 |
|
| Company registration number: |
04630683 |
|
| Charity number: |
1099336 |
|
| Date charity registered: |
9th of September 2003 |
|
| Charity registered office: |
256 Moseley Road, Highgate, Birmingham, West Midlands, B12 0BS |
|
|
| Public Benefit |
| The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011, and have referred to and taken due regard to the Charity Commission guidance on public benefit and consider the charity's activities are for the public benefit. |
|
|
| Nature of the Governing Document and constitution of the charity |
| The Charity is a charitable company limited by shares and was set up on 8 January 2003. It is governed by a Memorandum and Articles of Association. |
|
|
| The methods adopted for the recruitment and appointment of new trustees |
| The Directors of the Company are also charity Trustees for the purposes of charity law and sit as a Board on a regular basis. |
|
|
| Organisational structure and decision making |
| The charity is managed by a Board of Directors who are also Trustees. A CEO is appointed by the trustees to administer day-to-day activities. |
|
|
| Policies on reserves |
| The Board annually reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations. The reserves that we have set aside provide financial stability and the means for the continuation of our activities. |
|
|
| Availability and adequacy of assets of each of the funds |
| The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. |
|
|
| Share Capital |
| The company is limited by guarantee without share capital. |
|
|
|
| Statement of Trustees' Responsibilities |
| The trustees (who are also the directors of the company for the purposes of company law) 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). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to: |
|
| - |
select suitable accounting policies and then apply them consistently; |
| - |
observe the methods and principles in 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 disclosed and explained in the financial statements; |
| - |
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. |
|
| The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
|
|
| Approved by order of the Board of Trustees on 31st December 2025 and signed on its behalf by: |
|
|
|
|
|
| Jindur Singh |
| Director |
|
| BHAT SINGH SABHA (HIGHGATE) |
| Independent Examiner's Report |
|
| Independent Examiner's Report to the trustees of BHAT SINGH SABHA (HIGHGATE) |
|
| I report to the charity trustees on my examination of the financial statements of BHAT SINGH SABHA (HIGHGATE) for the year ended 31 March 2025. |
|
| Responsibilities and basis of report |
| As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act. |
|
| Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. |
|
| Independent examiner's statement |
| I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: |
| - |
accounting records were not kept in accordance with section 386 of the 2006 Act ; or |
| - |
the financial statements do not accord with those records; or |
| - |
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or |
| - |
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). |
|
| I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. |
|
|
|
|
| Jasbir Rai ACMA |
| BVSC |
| Latham House |
| 33-34 Paradise Street |
| Birmingham |
|
| B1 2AJ |
| 22 December 2025 |
|
| Bhat Singh Sabha (Highgate) |
| Balance Sheet as at 31st March 2025 |
| Company Number |
7263077 |
|
|
| Note |
|
|
2025 |
|
|
2024 |
|
|
|
|
£ |
|
|
£ |
| Fixed assets |
| Tangible assets |
6 |
|
|
2,157,055 |
|
|
2,161,319 |
| Total fixed assets |
|
|
|
2,157,055 |
|
|
2,161,319 |
|
| Current assets |
| Debtors |
7 |
|
22,223 |
|
|
30,865 |
| Cash at bank and in hand |
|
|
42,042 |
|
|
39,353 |
| Total current assets |
|
|
64,265 |
|
|
70,218 |
|
|
|
|
|
|
|
| Creditors: |
| amounts due within one year |
8 |
|
(63,939) |
|
|
(110,255) |
|
| Net current assets |
|
|
|
326 |
|
|
(40,038) |
|
| Total assets less current liabilities |
2,157,381 |
|
|
2,121,281 |
|
| Creditors: |
| amounts due after more than one year |
214,662 |
|
|
204,264 |
|
| Provisions for liabilities and charges |
|
|
|
- |
|
|
- |
|
| Net assets |
1,942,720 |
|
|
1,917,017 |
|
|
|
|
|
|
|
|
| The funds of the charity : |
|
| Unrestricted income funds |
| Unrestricted accumulated funds |
10 |
|
1,942,720 |
|
|
1,917,017 |
| Unrestricted revenue accumulated funds |
- |
|
|
- |
| Designated funds |
10 |
|
- |
|
|
- |
| Total unrestricted funds |
1,942,720 |
|
|
1,917,017 |
|
| Restricted Funds |
10 |
|
|
- |
|
|
- |
|
| Total charity funds |
|
|
|
1,942,720 |
|
|
1,917,017 |
|
|
|
|
|
|
|
|
|
| The directors are satisfied that the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 7. |
|
| Members have not required the company to obtain an audit with Section 476 of the Act. |
|
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
|
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
| Signed |
|
|
|
|
|
| Jindur Singh |
| Director |
| Approved by the Board of Trustees on 29 December 2025 |
|
| Bhat Singh Sabha (Highgate) |
| Notes to the Accounts |
| for the Year Ended 31 March 2025 |
|
|
| 1 |
General Information |
|
Bhat Singh Sabha (Highgate) is a charitable company registered and domiciled in England. Its registered office is 256 Moseley Road, Highgate, Birmingham, B12 0BS. |
|
|
| 2 |
Accounting policies |
|
Basis of preparation of the accounts |
|
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
|
|
Bhat Singh Sabha (Highgate) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. |
|
|
The financial statements are presented in £ Sterling, its functional currency and rounded to the nearest £. |
|
|
Accounting convention |
|
The financial statements are prepared, on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments. |
|
|
Incoming Resources |
|
All income is recognised in the statement of financial activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
|
|
Deferred income |
|
In accordance with the SORP grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met, and which are outside the control of the charity or where it is uncertain whether the conditions can or will be met, are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are shown as creditors in the accounts. |
|
|
Recognition of liabilities |
|
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
|
|
Grants awarded are included in the statement of financial activities when approved by the trustees and agreed with the recipient. The value of grants unpaid at the year end is accrued. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. |
|
|
Fixed assets and depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value) over their estimated useful economic lives. |
|
|
Vehicles |
25% reducing balance |
|
Fixtures, fittings, tools and equipment |
25% reducing balance |
|
|
Pension Costs |
|
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the statement of financial activities in the period to which they relate. |
|
| 2 |
Accounting policies (continued) |
|
Taxation |
|
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. |
|
|
Finance and operating leases |
|
Rentals payable in respect of operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities as incurred. |
|
|
Funds structure policy |
|
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment. |
|
|
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them. |
|
|
There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above. |
|
|
Any other proposed transfer between funds would be considered on the particular circumstances. |
|
|
Financial Instruments |
|
The charity only has basic financial assets and liabilities of a kind that qualify as basic financial instruments. These are initially recognised at transaction value and subsequently measured at their settlement value. |
|
|
| 3 |
Deficit /Surplus for the Financial Year |
2025 |
|
2024 |
| £ |
£ |
|
This is stated after charging :- |
|
Depreciation of owned fixed assets |
4,489 |
|
4,397 |
|
Rentals under operating leases |
26,659 |
|
34,118 |
|
Reporting Accountant fees |
4,002 |
|
3,531 |
|
Fund Audit fees |
- |
|
- |
|
|
| 4 |
Expenses paid to trustees or persons connected with trustees |
|
|
|
|
|
|
2025 |
|
2024 |
| £ |
£ |
|
|
The aggregate amount of expenses paid to trustees was |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 4 |
Deferred Incoming Resources & Reserves - Unrestricted Funds |
|
|
|
Opening |
|
Released |
|
Received |
|
Deferred |
|
|
Deferrals |
|
from prior |
|
less released |
|
at year end |
|
|
|
|
years |
|
in year |
|
|
£ |
|
£ |
|
£ |
|
£ |
|
Banqueting Deposits |
3,628 |
|
3,000 |
|
1,250 |
|
1,878 |
|
Total |
3,628 |
|
3,000 |
|
1,250 |
|
1,878 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2025 |
|
2024 |
| £ |
£ |
|
These deferrals are included in creditors |
1,878 |
|
3,628 |
|
|
|
|
|
|
|
|
|
|
The deferred income included in creditors relate to those deposits held for periods subsequent to the accounting year end. |
|
| 5 |
Staff Costs and Emoluments |
2025 |
|
2024 |
| £ |
£ |
|
Gross Salaries |
111,883 |
|
124,347 |
|
Pension Costs |
1,250 |
|
119 |
|
|
|
|
|
|
113,133 |
|
124,466 |
|
|
|
|
|
|
|
|
|
|
Numbers of full time employees or full time equivalents |
2025 |
|
2024 |
|
Engaged on charitable activities |
4 |
|
16 |
|
|
|
|
|
|
4 |
|
16 |
|
|
|
|
|
|
|
|
|
|
There were no employees with emoluments in excess of £50,000 per annum |
|
| 6 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Equipment |
| £ |
|
Asset cost, valuation or revalued amount |
|
At 1 April 2024 |
2,266,115 |
|
Disposals |
- |
|
Additions |
225 |
|
At 31 March 2025 |
2,266,340 |
|
|
|
|
|
|
|
|
|
|
Accumulated depreciation and impairment provisions |
|
At 1 April 2024 |
104,796 |
|
Disposals |
- |
|
Charge for the year |
4,489 |
|
At 31 March 2025 |
109,285 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
2,157,055 |
|
At 1 April 2024 |
2,161,319 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
Trade debtors |
20,278 |
|
28,920 |
|
Other Debtors |
- |
|
- |
|
Prepaid expenses |
1,945 |
|
1,945 |
|
|
|
|
|
|
22,223 |
|
30,865 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
Bank loans and overdrafts |
43,729 |
|
84,594 |
|
Trade creditors |
1,167 |
|
5,607 |
|
Accrued expenses |
3,372 |
|
3,755 |
|
Obligations under finance lease and hire purchase contracts |
3,519 |
|
3,519 |
|
PAYE and NI |
1,232 |
|
1,741 |
|
VAT |
8,471 |
|
7,351 |
|
Other taxes |
- |
|
- |
|
Unpaid Pension Contributions |
572 |
|
60 |
|
Deferred income and grants in advance |
1,878 |
|
3,628 |
|
|
|
|
|
|
63,939 |
|
110,255 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Operating Leases |
2025 |
|
2024 |
| £ |
£ |
|
The future minimum lease payments for operating leases which expire: |
|
within one to five years |
11,757 |
|
15,046 |
|
over five years |
- |
|
- |
|
|
|
|
|
|
11,757 |
|
15,046 |
|
|
|
|
|
|
|
|
|
|
| 10 |
Particulars of Individual Funds and analysis of assets and liabilities representing funds |
|
|
At 31 March 2025 |
Unrestricted |
Restricted |
Total |
| funds |
funds |
Funds |
| £ |
£ |
£ |
|
Fixed Assets |
2,157,055 |
|
- |
|
2,157,055 |
|
Current Assets |
64,265 |
|
- |
|
64,265 |
|
Current Liabilities |
(63,939) |
|
- |
|
(63,939) |
|
Long Term Liabilities |
(214,662) |
|
- |
|
(214,662) |
|
Provisions for charges |
- |
|
- |
|
- |
|
|
1,942,719 |
|
- |
|
1,942,719 |
|
|
|
|
|
|
|
|
|
|
At 1 Apil 2024 |
Unrestricted |
Restricted |
Total |
| funds |
funds |
Funds |
| £ |
£ |
£ |
|
Fixed Assets |
2,161,319 |
|
- |
|
2,161,319 |
|
Current Assets |
70,218 |
|
- |
|
70,218 |
|
Current Liabilities |
(110,255) |
|
- |
|
(110,255) |
|
Long Term Liabilities |
(204,264) |
|
- |
|
(204,264) |
|
Provisions for charges |
- |
|
- |
|
- |
|
|
1,917,017 |
|
- |
|
1,917,017 |
|
|
|
|
|
|
|
|
|
The individual funds included above are :- |
|
| Funds at |
Movements |
Transfers |
Funds at |
|
|
2024 |
in Funds |
Between |
|
2025 |
| as below |
funds |
| £ |
£ |
£ |
£ |
|
Restricted Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Designated Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Fund |
1,917,017 |
|
25,703 |
|
- |
|
1,942,720 |
|
|
1,917,017 |
|
25,703 |
|
- |
|
1,942,720 |
|
|
|
|
|
|
|
|
|
|
|
Analysis of movements in funds as shown in the table above |
|
| Incoming |
Outgoing |
Accrued |
Movement |
| Resources |
Resources |
Income |
in funds |
| £ |
£ |
£ |
£ |
|
Restricted Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Designated Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Fund |
265,800 |
|
(240,097) |
|
- |
|
25,703 |
|
|
265,800 |
|
(240,097) |
|
- |
|
25,703 |
|
|
|
|
|
|
|
|
|
|
| 10 |
Particulars of Individual Funds and analysis of assets and liabilities representing funds |
|
(continued) |
|
|
Comparative Year |
Funds at |
Movements |
Transfers |
Funds at |
|
|
2023 |
in Funds |
Between |
|
2024 |
| as below |
funds |
| £ |
£ |
£ |
£ |
|
Restricted Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Designated Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Fund |
1,884,070 |
|
32,947 |
|
- |
|
1,917,017 |
|
|
1,884,070 |
|
32,947 |
|
- |
|
1,917,017 |
|
|
|
Analysis of movements in funds as shown in the table above |
|
| Incoming |
Outgoing |
Accrued |
Movement |
| Resources |
Resources |
Income |
in funds |
| £ |
£ |
£ |
£ |
|
Restricted Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Designated Fund |
- |
|
- |
|
- |
|
- |
|
Unrestricted Fund |
305,872 |
|
(272,924) |
|
- |
|
32,947 |
|
|
305,872 |
|
(272,924) |
|
- |
|
32,947 |
|
|
|
|
|
|
|
|
|
|
Restricted Fund |
|
Restricted funds are donations to a charity that must be used for a specific purpose defined by the donor and cannot be used for general purposes. |
|
|
Unrestricted Designated Funds |
|
Unrestricted money earmarked for a specific purpose by trustees. |
|
|
|
Unrestricted Funds |
|
Unrestricted funds are freely usable by trustees for any charitable purpose. |
|
|
| 11 |
Share Capital |
|
The charity is incorporated under the Companies Acts and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.
|