SANGAT SIKH TEMPLE, IPSWICH
1, To provide facilities to the Sikh community in Ipswich for holding prayers, religious ceremonies and functions;2, To advance the Sikh religion, advance education in subjects such as the Sikh religion in language and in other subjects.
Financial health, per its FY2025 accounts
The accounts state that the entity reported an operating profit of £48,291 for the year ended 31 March 2025, with total assets less current liabilities increasing to £298,458. The capital account balance rose from £288,290 to £298,458, indicating retained earnings contributed to net asset growth.
What the accounts disclose
Trustees
- BALWANT SINGH
- Jaswant Singh
- SATNAM SINGH
- SUKHCHINE SINGH
- Tirlochan Singh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £82k | £72k |
| 31/03/2024 | £49k | £49k |
| 31/03/2023 | £44k | £24k |
| 31/03/2022 | £34k | £20k |
| 31/03/2021 | £9k | £18k |
Common questions
Is SANGAT SIKH TEMPLE, IPSWICH financially healthy?
Per its FY2025 accounts: The accounts state that the entity reported an operating profit of £48,291 for the year ended 31 March 2025, with total assets less current liabilities increasing to £298,458. The capital account balance rose from £288,290 to £298,458, indicating retained earnings contributed to net asset growth.