GURU HARGOBIND SAHIB TRUST

Charity number: 1169568
Charity reporting is overdue by 116 days

Charity overview

Activities - how the charity spends its money

Guru Hargobind Sahib Trust is based in West London The primary activities of the charity include but are not restricted to Promote Sikhism, Educating the community about Sikhism, Providing facilities for youth, elderly and vulnerable, Promoting mutual understanding between and within communities, Performing services, Organising fund raising events, Aiding other institutions in promoting equality

Income and expenditure

Data for financial year ending 31 March 2023

Total income:
£1,743,586

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Donations and legacies £1.73m
Charitable activities £0
Other trading activities £0
Investments £0
Other £12.00k

Total expenditure:
£152,121

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Raising funds £109.76k
Charitable activities £0
Other £42.36k

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £152.12k
Charitable expenditure £0
Retained for future use £1.59m

People

2 Trustee(s)

300 Volunteer(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Religious Activities
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Throughout London

Governance

Registration history:
  • 10 October 2016: CIO registration
Organisation type:
CIO
Other names:
  • GURU HARGOBIND SAHIB COMMUNITY CENTRE (Working name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Safeguarding policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

2 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
GURINDER SINGH MADHAN Trustee 15 July 2024
None on record
SAPTAR SINGH GULATI Trustee 10 October 2016
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total gross income £8.62k £7.47k £21.39k £2.94k £1.74m
Total expenditure £3.63k £1.25k £2.25k £2.17k £152.12k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A N/A £1.73m
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £0
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £0
Income - Other N/A N/A N/A N/A £12.00k
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £0
Expenditure - Raising funds N/A N/A N/A N/A £109.76k
Expenditure - Governance N/A N/A N/A N/A £0
Expenditure - Grants institution N/A N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A N/A £0
Expenditure - Other N/A N/A N/A N/A £42.36k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Own use assets N/A N/A N/A N/A £0
Long-term investments N/A N/A N/A N/A £2.52m
Other assets N/A N/A N/A N/A £218.84k
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £1.11m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 Overdue Charity reporting is overdue by 116 days
Accounts and TAR 31 March 2024 Overdue Charity reporting is overdue by 116 days
Annual return 31 March 2023 16 June 2024 137 days late
Accounts and TAR 31 March 2023 16 June 2024 137 days late Download Open in new window
Annual return 31 March 2022 05 February 2023 5 days late
Accounts and TAR 31 March 2022 05 February 2023 5 days late Download Open in new window
Annual return 31 March 2021 08 April 2022 67 days late
Accounts and TAR 31 March 2021 08 April 2022 67 days late Download Open in new window
Annual return 31 March 2020 08 April 2022 432 days late
Accounts and TAR 31 March 2020 08 April 2022 432 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CIO - FOUNDATION Registered 10 Oct 2016

Charitable objects

1. TO ADVANCE THE SIKH RELIGION IN LONDON AND THE SURROUNDING AREA FOR THE BENEFIT OF THE PUBLIC IN IN SUCH WAYS AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT. 2. TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE FOLLOWING SUBJECTS: LANGUAGES, IN PARTICULAR PUNJABI, AND SIKH BELIEFS, CULTURE AND HERITAGE. 3. TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.

Contact information

Address:
UNIT 4
SWALLOWFIELD
HAYES
MIDDLESEX
UB3 1DQ
Phone:
02034176150
Email:
info@guruhargobindsahibtrust.com
Website:

guruhargobindsahibtrust.com