CHARITY REGISTRATION NO: 1019252 COMPANY REGISTRATION NO: 2781755 QINGHUA CHINESE SCHOOL CHARITABLE TRUST DIRECTORS REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Page I
QINGHUA CHINESE SCHOOL CHARITABLE TRUST COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2024 DIRECTORS: John P C THO Philip T V CHIN Jian Yang LUO SECRETARY: John P C Tho REGISTERED OFFICE: 15 Gerard Road Harrow, Middx HA1 2ND COMPANY NUMBER: 2781755 CHARITY NUMBER: 1019252 BANKERS: BARCLAYS BANK PLC MAYFAIR GROUP LONDON SANTANDER BANK PLC Business Account Customer Servi Bootle Merseyside L30 4GB Page 2
QINGHUA CHINESE SCHOOL CHARITABLE TRUST REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees, who are also Directors of the Charity for the purposes of the Companies Act present their report and financial statements of the charity for the year ended 31 August 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities, issued in October 2000 in preparing the annual report and financial statements of the Charity. CONSTITUTION The Charity is constituted as a company limited by guarantee and is therefore govemed by a Memorandum and Articles of Association. OBJECTIVES The principal of the Charity is of the provision of facilities to advance public education in Chinese culture, Chinese Mandarin language and traditions. The Charity provides language classes for children and adults as well as organising special Chinese cultural events. It is intended to continue to provide classes and related events and the Charity has sufficient funds for this purpose. DIRECTORS The following directors have held office since 1, September 2020 Mr. John P C Tho Mr. Philip T V Chin Dr. Jian Yang Luo This report was approved by the Directors on . and signed on their behalf. Mr. John P C Tho (Director) Page 3
QINGHUA CHINESE SCHOOL CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 SUMMARY INCOME & EXPENDITURE ACCOUNT UNRESTRICTED FUNDS 2024 2023 Notes: INCOMING RESOURCES Income from charitable activities: School Fees receivable 66,795 68,966 Voluntary Income 1,240 1,710 Bank Interest 426 206 TOTAL INCOME 68,461 70,883 RESOURCE EXPENDED Direct Charitable Expenditure 72,033 76,619 Other Expenses: Administration 1,924 2,406 TOTAL EXPENDITURE 73,957 79,025 NET SURPLUS (DEFICIT) FOR THE YEAR Funds brought forward (5,496) 81,230 (8,142) 89,372 FUNDS CARRIED FORWARD 75,732 81,230 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. Page 4
QING HUA CHINESE SCHOOL CHARITABLE TRUST BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Notes: CURRENT ASSETS Debtors Cash at bank and in hand 75,733 81,230 75,733 81,230 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR NET CURRENT ASSETS 75,733 81,230 REPRESENTED BY: GENERAL FUND 75,733 81,230 For the year ending 3110812024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the companies Act 2006. The directorfs acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies regime. The financial statements were approved by the Board on . Philip T.V. Chin (Director & Treasurer) Page 5
QING HUA CHINESE SCHOOL CHARrrABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POUCIES BASIS OF PREPARATI(JN OF AcCourS The accounts are prepared under the histori1 cost convention and in accx)rdance with the StsteThnt of Re(x)mmended Practi Accounting and Reporting by Charities (SORP 2000) Issued In October 2(X)O applicable a(xounting stsndards. INCOME Income represents school fees r1Vable for classes together with charitsble donations and Income from other festival activities. VOLUNTARY INCOME 2024 2023 Inrne receNed for special eventslDonations 1,240 1,710 DIRECT CHARITABLE EXPENDrruRE Stsff costs Class room rentalllnsuran Special events Teaching material Teacher Training 30,708 36,337 2,700 2,287 32,649 36,546 3,010 3,879 535 72,032 76,619 ADMINISTRATION EXPENDITURE Postage, ststionary, photocopy & telephone Other administrationllnterest charges 1,834 90 2,315 90 1.924 2,406 STAFF COSTS No moneta remuneration was aid to the Trustees in the ear and no ex reimbursed to them either. Their services were totall volunta enses were 2024 2023 Wages and Social Security costs 30,708 32,649 Staffs em lo ed in connection with the teachin attendance onl and the avera e number durin classes were all casual art-time and the ear was as follows: aid-on- 2024 2023 Teathing staff 22 22 FUNDS Unrestricted fvnds comprise those funds that the Trustees are free to use in accordance with the charitsble objectives. Credltors IrNolce for school rental charges reiVed after dose of financial year account. Page 6