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 · filing overdue (register status)

GURU NANAK SIKH GURDWARA CAME INTO EXISTENCE IN 1969.THE COMMITTEE STANDS DISMISSED UNDER THE CHARITY'S CONSTITUTION PAGE 7, SECTION (B). WITH EFFECT FROM SUNDAY 4 MAY 2025

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · website · Get email alerts

Latest income
£1.0m
Latest spending
£714k
Registered
1969
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a surplus of £316,344 for the year ended 31 May 2024, with total income increasing by 15.8% to £1,030,064. The charity holds significant unrestricted free reserves of £3,319,888, which the trustees confirm is in line with their policy of maintaining six months of expenses. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months of expenses (held: £3.3m)
“The Charity Trustees have developed a reserves policy that requires a minimum of six months of expenses to be held as reserves to ensure the Charity could continue in the short term initially if for some reason its major source of income (i.e. donations) ceased.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: GNG Community Services Ltd
“The Gurdwara has leased a building for use as a children's nursery, operated by the independent body GNG Community Services Ltd.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by BK Plus Audit Limited. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

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).

Per its annual return, largest income source: Donations and legacies (89% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.3% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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?

Per its FY2024 accounts: The accounts state that the charity achieved a surplus of £316,344 for the year ended 31 May 2024, with total income increasing by 15.8% to £1,030,064. The charity holds significant unrestricted free reserves of £3,319,888, which the trustees confirm is in line with their policy of maintaining six months of expenses. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by BK Plus Audit Limited.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GURU NANAK SATSANG SIKH TEMPLE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GURU NANAK SIKH TEMPLE,SEDGLEY STREET,WOLVERHAMPTON UK£1.0m—0above—no doubt
GURU NANAK SATSANG SIKH TEMPLE FY2025£159k—0unclear—no doubt
GURU NANAK GURDWARA FY2025£854k—0above—no doubt
SIRI GURU NANAK DARBAR (SIKH TEMPLE) FY2025£2.5m—0unclear—no doubt
GURU NANAK GURDWARA AND SIKH COMMUNITY CENTRE FY2025£117k—0unclear—no doubt
GURU NANAK GURDWARA SOUTH BIRMINGHAM FY2024£569k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.