TRUST PROPERTY HELD IN CONNEXION WITH THE DASMESH SIKH TEMPLE COMMITTEE
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds carried forward were £2,321,543, with a net income of £62,030 for the year. The trustees' report indicates that future plans are subject to satisfactory funding, suggesting a dependency on continued income streams. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The charity's reserve policy aims to secure at least twelve months of running costs within general reserves to ensure sustainability for specific projects and to cover related costs.” — page 3
“The charity has plans continuing the activities outlined above in the forthcoming years, subject to satisfactory funding.” — page 3
Trustees
- Bhupinder Malhi
- Jaisheel Najran
- Parminder Singh Goray
- Rashpal Singh Chohan
- Tega Singh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £390k | £207k |
| 31/03/2024 | £321k | £222k |
| 31/03/2023 | £274k | £212k |
| 31/03/2022 | £190k | £167k |
| 31/03/2021 | £198k | £244k |
Common questions
Is TRUST PROPERTY HELD IN CONNEXION WITH THE DASMESH SIKH TEMPLE COMMITTEE financially healthy?
The accounts state that total unrestricted funds carried forward were £2,321,543, with a net income of £62,030 for the year. The trustees' report indicates that future plans are subject to satisfactory funding, suggesting a dependency on continued income streams. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2023 accounts were independently examined.