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GURU NANAK SIKH TEMPLE,SEDGLEY STREET,WOLVERHAMPTON UK

Registered charity 258487 · accounts filings on the Charity Commission register · also known as SIKH RELIGION ORGANISATION, SIKH RELIGIOUS ORGANISATION · listed website unreachable when last crawled · filing overdue (register status)

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Latest income
£1.0m
Latest spending
£714k
Registered
1969
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity achieved a surplus of £230,046 for the year ended 31 May 2023, with unrestricted net assets totaling £10,359,780. Per the trustees' report, uncommitted free reserves amounted to £3,090,651, which is in line with the stated policy of holding six months of expenses. The auditor confirmed that resources are adequate to continue in operational existence for the foreseeable future with no material uncertainties identified.

What the accounts disclose

Accounts audited by BK Plus Audit Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/05/2024)

Total income
£1.0m
Total spending
£714k
Cost of raising funds
£3k
Reserves (reported)
£10.7m
Employees
45

Reported reserves equal ~179.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Wolverhampton

Income and spending

Financial year endIncomeSpending
31/05/2025——
31/05/2024£1.0m£714k
31/05/2023£889k£659k
31/05/2022£766k£431k
31/05/2021£427k£354k

Common questions

Is GURU NANAK SIKH TEMPLE,SEDGLEY STREET,WOLVERHAMPTON UK financially healthy?

The accounts state that the charity achieved a surplus of £230,046 for the year ended 31 May 2023, with unrestricted net assets totaling £10,359,780. Per the trustees' report, uncommitted free reserves amounted to £3,090,651, which is in line with the stated policy of holding six months of expenses. The auditor confirmed that resources are adequate to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2023 accounts were audited by BK Plus Audit Limited.