GURDWARA NANAKSAR
Site for Religious Worship, Education and Centre for the Sikh Congregation.
Objects
FOR THE OBSERVANCE AND PRACTICE OF SIKH RELIGION AND OTHER MATTERS CONNECTED WITH THE RELIGIOUS PURPOSE, ADVANCEMENT AND FURTHERANCE OF SIKH RELIGIOUS CEREMONIES INCLUDING RELIGIOUS EDUCATION.(SEE CONSTITUTION FOR FURTHER DETAILS)
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £2,520,713, supported by incoming resources of £434,662 against total expenditure of £298,886. However, the charity holds significant short-term liabilities of £647,248, resulting in negative net current assets of £484,343. The independent examiner noted operational matters requiring immediate remedial action to maintain their appointment.
What the accounts disclose
“During my examination and during meetings with trustees | have come across a few operational matters which | have reported to the board of trustees for their immediate action. The trustees have been advised that unless remedial action is immediately taken, my position as the independent examiner will become untenable.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- KULWANT SINGH LAKPURIchair
- Dr ARINDER KAUR SOMAL
- JOHN SINGH SIDHU
- SHANGARA SINGH MANDAIR
- SUNDEEP SINGH BAINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 13/04/2025 | £435k | £299k |
| 13/04/2024 | £390k | £257k |
| 13/04/2023 | £341k | £225k |
| 13/04/2022 | £310k | £156k |
| 13/04/2021 | £183k | £122k |
Common questions
Is GURDWARA NANAKSAR financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £2,520,713, supported by incoming resources of £434,662 against total expenditure of £298,886. However, the charity holds significant short-term liabilities of £647,248, resulting in negative net current assets of £484,343. The independent examiner noted operational matters requiring immediate remedial action to maintain their appointment. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/09/2007 | £5k | Healthy lifestyle and skills project |