GURDWARA SINGH SABHA
Provide Sikh Religious Service and Sikh place of worship
Objects
TO PROMOTE THE SIKH RELIGION
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net profit of £90,896 for the year ending 31 October 2024, with total turnover of £182,379 against total expenditure of £91,483. The charity holds unrestricted reserves (accumulated fund) of £1,854,475 and maintains cash in bank of £114,453, while carrying a net debt of £111,800 in interest-free loans. The trustees report that they have significantly reduced their mortgage and loan liabilities during the year, saving on interest costs.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- BALHAR SINGH
- JATINDER SINGH
- Jaskaran Kaur Rehal
- Parvinder Singh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £220k | £98k |
| 31/10/2024 | £182k | £91k |
| 31/10/2023 | £189k | £91k |
| 31/10/2022 | £169k | £89k |
| 31/10/2021 | £117k | £74k |
Common questions
Is GURDWARA SINGH SABHA financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net profit of £90,896 for the year ending 31 October 2024, with total turnover of £182,379 against total expenditure of £91,483. The charity holds unrestricted reserves (accumulated fund) of £1,854,475 and maintains cash in bank of £114,453, while carrying a net debt of £111,800 in interest-free loans. The trustees report that they have significantly reduced their mortgage and loan liabilities during the year, saving on interest costs. Its FY2024 accounts were audited by SIDHU & CO.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 08/10/2020 | £10k | Coronavirus Community Support Fund |