WOLVERHAMPTON SIKH MISSION
Financial health, per its FY2022 accounts
The accounts state that total income increased by 33.4% to £618,508, driven by a rise in donations and gifts. The charity holds unrestricted reserves of £3,356,485, which the trustees consider adequate to maintain operations for three to six months of expenditure, satisfying their stated reserves policy. The trustees and auditors confirm the charity has adequate resources to continue as a going concern for the foreseeable future.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (26/06/2018)
Trustees
- SURJIT SINGH UPPALchair
- Dildar Singh Sahota
- Gurpal Singh Sangha
- HARDEEP SINGH UPPAL
- Jagir Singh Dudhra
- KAPOOR SINGH BOPARAI
- PAUL SINGH UPPAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £608k | £264k |
| 31/12/2023 | £532k | £241k |
| 31/12/2022 | £619k | £264k |
| 31/12/2021 | £457k | £145k |
| 31/12/2020 | £237k | £155k |
Common questions
Is WOLVERHAMPTON SIKH MISSION financially healthy?
The accounts state that total income increased by 33.4% to £618,508, driven by a rise in donations and gifts. The charity holds unrestricted reserves of £3,356,485, which the trustees consider adequate to maintain operations for three to six months of expenditure, satisfying their stated reserves policy. The trustees and auditors confirm the charity has adequate resources to continue as a going concern for the foreseeable future. Its FY2022 accounts were audited by CKCA Limited.