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GURU NANAK GURDWARA

Registered charity 507811 · accounts filings on the Charity Commission register · also known as GURU NANAK GURDWARA SIKH TEMPLE - WALSALL, GURU NANAK SIKH TEMPLE - WALSALL

Latest income
£854k
Latest spending
£599k
Registered
1978
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a surplus of £254,965 for the year ended 31 March 2025, with unrestricted funds increasing to £8,257,802. The Trustees report that the charity is operating satisfactorily and has maintained reserves at a level equivalent to between six to twelve months of expenditure. 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

Reserves policy: between six to twelve month's expenditure (held: £8.3m)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at least at a level equivalent to between six to twelve month's expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by T S Patara & Co Ltd.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£854k
Total spending
£599k
Cost of raising funds
£14k
Reserves (reported)
£8.3m
Employees
5

Reported reserves equal ~165.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Walsall

Income and spending

Financial year endIncomeSpending
31/03/2025£854k£599k
31/03/2024£746k£577k
31/03/2023£707k£488k
31/03/2022£565k£288k
31/03/2021£177k£163k

Common questions

Is GURU NANAK GURDWARA financially healthy?

The accounts state that the charity generated a surplus of £254,965 for the year ended 31 March 2025, with unrestricted funds increasing to £8,257,802. The Trustees report that the charity is operating satisfactorily and has maintained reserves at a level equivalent to between six to twelve months of expenditure. The auditor confirmed that resources are adequate to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by T S Patara & Co Ltd.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GURU NANAK DURBAR (SIKH TEMPLE), ERITH & BELVEDERE, KENT.