GURU NANAK GURDWARA SOUTH BIRMINGHAM
Financial health, per its FY2023 accounts
The accounts state that the charity operates with unrestricted funds totaling £2,349,934, resulting in a net surplus of £50,120 for the year. However, the Statement of Assets & Liabilities reveals net current liabilities of £1,002,305, primarily driven by bank loans of £1,144,411. The trustees confirm the charity is operating satisfactorily and have prepared the accounts on a going concern basis.
What the accounts disclose
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- CHUHAR SINGHchair
- KARNAIL SINGH SANGHA
- MANMEL SINGH SANDHU
- MOHINDER SINGH PUREWAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £569k | £436k |
| 30/04/2024 | £520k | £354k |
| 30/04/2023 | £342k | £292k |
| 30/04/2022 | £303k | £213k |
| 30/04/2021 | £158k | £126k |
Common questions
Is GURU NANAK GURDWARA SOUTH BIRMINGHAM financially healthy?
The accounts state that the charity operates with unrestricted funds totaling £2,349,934, resulting in a net surplus of £50,120 for the year. However, the Statement of Assets & Liabilities reveals net current liabilities of £1,002,305, primarily driven by bank loans of £1,144,411. The trustees confirm the charity is operating satisfactorily and have prepared the accounts on a going concern basis. Its FY2023 accounts were independently examined.