LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
UNAUDITED FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
Charlty R¢gi$tration Number: 1030900

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
IIYDEX TO THE FINANCiAL STA TEMENTS
YEAR ENDED 31ST MARCH 2025
CONTENTS
PAGE
LEGAL AND ADMINISTRATIVE tNFORMATION
TRUSTEES, REPORT
TNDEPENDENT EXAMINERS, REPORT
STATEMENT OF FINANCIAL ACT]VITIES
STATEMENT OF FINANCIAL POSITION
NOTES TO THE ACCOUNTS
8-12

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
LEGAL AND ADMINISTRATIVE INFORMATION
YEAR ENDED 31ST MARCH 2025
CHARITY REGISTRATION NUMBER: 1030900
REGISTERED ADDRESS..
56B Courland Grove
London
SW8 2PU
MANAGEMENT COMMITTEE:
Thi Than Do (Chairperson)
Dung Uy Ngo (Secretary)
Quyen Banh (Treasurer)
Tuyet Truong(Member)
Dong Anh Ngo(Member)
Kien Chu (Member)
Lan Hong (M¢mb¢r)
Ms Chan Nim (M¢mber)
BANKER:
National Wesiminster Bank PIC
504 Brixton Road
l.ondon
SW9 8EW
INDEPENDENT EXAMINERS:
Leroy Reid & Co.
Chartered Certified Accountants and Registered Auditors
299 Northborough Road
Norbury
London SW16 4TR

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
TRUSTEES, REPORT
YEAR ENDED 31ST MARCH 2025
The trustees present their report and accounts for the year ended 3 1st March 2025. The financial statements
have been prepared in accordance with the accounting policies set out on page 8 to page 9 and which comply
with the charity's t￿st deed and applicable law.
The accounts have been prepared in accordance with the accounting policies set out in note i to the
accounts and comply with the "Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities perparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) (effective l Janaury 2015)"
Governing document
The organisation is an uninconx)rated registered charity since 1986. The charity was established under
its own Constitution and governed by it's Trust Deed.
Recruitment and appolntment of Management Committee
The members of the management committee are elected to serve for a period of three years after which
they must be re-elected at the next Annual General Meeting.
Trustees
The trustees named on page I have served throughout the year. Appointment of trustees is
governed by Trust Deed of the Charity. Thr Board of Trnstees is authorised to appoint new trustees
to fill vacancies arising through Tesignation or death of an existing irustee.
The I rustees who served during the year were:
Thi Than Do (Chairperson)
Dung Uy Ngo (Secretary)
Quyen Banh (Treasurer)
Mrs Tuyet Truong(Member)
Dong Anh Ngo(Member)
Kien Chu (Member)
Lan Hong (Member)
Ms Chan Nim (Member)
Investment powers
The Trust Deed authorises the trustees to make and hold investments using the general fimds of the
charity, but no such inv¢stment5 are pr¢senily held.
Constitution, objects Rnd polieles
The Charity's objects are to provide day ¢ar¢ services for Vietnamese elderly people.
The policy of the Lambeth Elderly Association continues to be to seek additional finance to support
the actRvRties of the association. There has been no Change in policy since the last annual report.
The trustee5 delegate the day to day responsibility of the management of the trust to the
administrative manager.

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
TRUSTEES, REPORT
YEAR ENDED 31ST MARCH 2025
Organisation strueture
The Lambeth Elderly Association from Vietnam has a Management Committee of up to 8 members who
meet quarterly and are responsible for the strategic direction and policy of the charity. At present
Committee has 8 members from a variety of professional backgrounds relevant to the work of the charity.
A scheme of delegation is in place and day to day responsibility for the provision of the services rest
with the Project Manager. The Project Manager is responsible for ensuring that the charity delivers the
services specified and that the key perforniance indicators are met.
Achievements and performance
Adviee work
Our organisation tackles these inequalities by offering culturally and linguistically appropriate services that
enable our clients lo effectively tackle these challenges.
In frail health and unable to understand English language inforniation in the media or on the inierne( they
were too anxious and confused to venture OUL with many confined to their homes for many months after
the start of the pandemic.
Clients have also faced difficulties with practical activities such as acquiring food, getting medical attention
and communicatlDg with mainstream providers, many of whom are offering scalcd down services. With their
trusted community centre (LEAV) a150 having closed its doors (in tenns of not m¢cting clients physically),
many were at crisis point.
We have delivered advice in Cantonese and Vietnamese on debt, benefits and housing to 90 older Vietnamese
and Chinese-vietnamese people over the last year.
'rhese 90 people have made 191 visits to our advice service over the reporting period, with many coming
between two and four limes each. Three clients we have to help over 10 times. In addition, we ran two
Cantonese-language workshops attcnded by a total of I13people. The first, hcld in September 2024, covered
the topic of state pension and pension credit and had 35 participants. The second, held in February 2025,
offered guidance to 78 pcople on how best to survive the cost-of-living crisis. Our clients face addilional
barriers and challenges in lemis of overcoming poverty, accessing services, gaining infomiation and advice and
maintaining their health and wellbeing.
Tea Danelngnraditional exercise
The exercise sessions have bcen a major success so far with up to 35-42 people joining for each session.
They arc extremely fun and has helped our members wilh some problems they've been facing due lo the
pandemic, also enable our members to stay fil and healthy. The grat thing about these sessions is that anyone
can join and interact with other community members and develop friendship and change their lifesiylc.
Table Tennis sessions
The table tennis sessions for Vietnamese and Chinese Elderly have been very successful with 15-28 people
attended each session twice a week. It's actually one of the most beneficial things our user can do to
develop friendship and stay fit and healthy.
Th¢ funding has greatly impacted what we do in our organisation by both enabling our organisation to contiDousIy
deliver successful activities to our beneficiartes, which has made a positive impact thus far. It has enabled us to
focus our resources on securing more filnding, which has gone well with Yapp Charitabl¢ Trust providing funding
for our running cost for 3 years.
The grant has enabled us to build our reputation among the Vietnames and Vietnamese-chinese population
in Lambeth and we were able to provide popular and much needed activities. We have gained 8 new new members
from the table tennis and tradition dance beginner classes. Some of our new table tennis service users have
become loyal supporters of the organisation and have been promoting us to friends and family.

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
TRUSTEES, REPORT
YEAR ENDED 31ST MARCH 2025
Volunteers
The trust would not be able to provide such a wide Se￿Ice to our beneficiaries without the continued support
ora large number of volunteers who give their scrvicc5 voluntarily. to assist the statT.
Finydncial review
A great deal of time and thought was spent during th¢ year on organising activities for the Lambcth
Vi¢tnames¢ ¢lderly. Thi5 includes outin&s,lunches and other activities held in the association.
The management committee has also focused its attention on the diificulties that elderly Viets￿￿¢se people
¢xperi¢nce, such as language problems and in the ¢ase of disabled eld¢rly. they also have mobility problems.
The policy of the tAmbeth Elderly Association ¢ontinues to be to seek additional finance to support the
activities of the association. There has been no change in policy since the last trustees, reporL
Risk management
'rhe Truste￿ actively review the major risk which the charity faces on a regular basi5 8nd belleve that
maintaining reserves at current Icvels, combined with an annual review of the controls over key financial
systems, will provide sufficient resources in the event of adverse ¢onditions. The Trustees have also
examined other opcrational and business risks fa¢ed by the charity and confimi that they have established
systems to miti&ate thc significant risks.
Reserve polley
It is Ihe policy of the charity to maintain unrestricted funds at a level which equate to approximately one
month unrestricted expenditure. This provides sufficient fijnds to cover management and administration and
support costs. Unrestricted fund5 arc maintained for V4t least thi5 level throughout the ycar.
ststemeot of tru5teey' responsibllitie8
The trustees are required under the Charities Act 201 I to prepare financial statements for each financial
year which give a true and fair view of the charity's financial activities during the year and of its financial
position at the end of the year. In preparing financial statements giving a true and fair v5ew, the trustees
should follow best practice and:
I, s¢l¢ct suitable accounting policies and apply them consistently;
2. make judgement$ and estimates that are reasonable and prudent.
. statc whether applicable accounting standards and statements of recommended practice have
been followed. subject to any departures disclosed and explained in th¢ finanrial statements.
4. prepare th¢ financial statements on a going concern basis unless it is inappropriate to presume
that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with re&80nable accuracy the
financial position of the charity and which enable them to ascertain the financial position of the charity and
which enable them to ensure that the financial statements comply with applicable law and regulations. They
are also responsible for safeguarding the assets of th¢ ¢harity and hence for tsking reasonable steps for the
prevention and detection of fraud and other irregularities taking rea￿ttable steps for the prevention and
d¢tection of fraud and other i￿egular1ties.
Approval
This report was approved by the trustee
1oJ£_ and signed on its behalf.
Thi Than Do (Chairperson)
Trustee

REPORT OF THE INDEPENDENT EXAMINERS TO THE MEMBERS
OF
LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
We have examined the financial statement of Lambeth Elderly Association From Vietnam for the year ended
31 March 2025 which comprise the Statement of Financial Activities, ihe Statement of Financial Position.
the Statement of Cash Flows and the ￿lated notes. The fmancial reporting framework that has been applied
in their applicabl¢ law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted
Accounting Practice). including Financial Reporting Standard 102.
Respective responsibilities of the trystees and examiner
As the charity's trustees, you are responsible for the preparation of the accounts. you consider that the
audit requirements of Section 144(2) of the Charities Act 2011 (thc Act) does not apply, and that an
independent examination is needed. It is our responsibility to examine the accounts under scction
145 ofthe Act and to state. on the basis of procedures specified in the General Directions
Charity Commissioners under Section 145(5Xb) of the Act, whether particular matters have come to
our attention.
Basis of independent examiner'y report
Our examination was carTied out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the charity
and a comparison of Ihc accounts presented with those records. It also include5 consideration of
any unusual items or disclosures in the accounts. and seeking explanations from you as trustees
concerning any such matters. I'he procedures undertaken do not provide all the evidence that would
be required in an audit and consequcntly we do not express an audit opinion on the view given by
the accounts.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
l. which gives us reasonable cause to believe that in any material respecl the requirements:
(a) to keep accounting records in accordance with Section 130 of the Act; and
(b) to prepare accounts which accord with the accounting records and to comply with ihe
accounting requirements of the Act, have not been met. or
2. to which, in our opinion, attention should be drawn in order lo enable a proper understanding
ofthe accounts to be reached.
Ltr/4
Id
LEROY REID & CO
CHARTERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS
299 Northborough Road
Norbury
London SW16 4TR

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED31ST MARCH 2025
Unrestricted Restricted
Fund
Fund
NOTES
2025
2024
Income and endowments from
Ckarilable aclivi¢ies
Grant receivable
40,882
40,882
35,152
Aclivitiesfor generalingfynd
Service users donation
Investsnent Income
10,321
10,321
3,251
Total income and endowments
Expendlture on:
Charilable a¢livities
Total resources expended
Net ineomel{expendllure) for the yearl
Net movement in funds
10,321
8,630
18,951
5,043
Fund balances at l April 2024
Fund balances at 31 March 2025
Thc stalcment of financial activities includes all gains and losses in the year. All incoming
resources and resources expended derive from continuing activities.
The accompanying not¢s forni an integral part of the accounts.

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH 2025
NOTES
Current Assets
Cash at bank and ill hand
31.910
12.909
Current Ilabilltki
Other payable
75
Net eurrent 8J8ets
TolAI assets less current Ilabllltieg
Income fund*:
Unrestricted FuThd
Re$tri¢t¢d Fund
13,572
3,251
The financial statements were approved by the board of directors and authorised for issue on .
and are signed on its behalf by:
.41olC
Thl Than Do (Chairperson)
The accompanying notes fonn an integral part of the accounts.

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
l. Accounting policies
1.] Accounting convention
The fjnancial statements have been prepared in accordaDce with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102)(effective l January 2015)-(Charities SORP(FRSI 02)), the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS102).
Lamb¢th Elderly Association From Vietnam meets the definition of a public benefit entity under
FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value
unless otherwise stated in the relevant accounting policy notes.
1.2 Colng eoncern
At the tilne of approving the accounts, the Trustees have a reasonable expectation that the
charity has adquate resourc¢s to continue in operational existence for ihc for¢seeable future.
Thus the Trustecs, continue to adopt ihe going concern basis of accounting in pr¢paring the
accounts.
1.3 Charltable funds
Unrestricted ￿ndS arc available for use at the discretion of the Trustees in fijtherance of their
charitable objectives unless the funds have been designated for other purposes.
1.4 Ineoming resources
All incoming resourc¢s are included in the statement of financial activities when the charity is
entitled ￿ the income and the amount can be quantified with reasonable accuracy. The following
specific policics are applied to particular categorics of incomc:
Volup71ary income and dunatio￿% are included in incoming resources when they are receivable,
except when the donors spccify that th¢y must be used in future accounting periods or donors
conditions have not been fulfilled, then the income 18 deferred. The income for fundraisin8
ventures is shown gross, with the associated costs included in ￿ndraising costs.
Granls. where entitlement 15 not condilional on the delivery of a specific perforn]ance by the
harity, are recognis¢d when thc charity becomes unconditionally entitled to the grant.
1.5 Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any
VAT which cannot b¢ ￿TlY recovered, and is r¢ported as part of the expenditure to which it relates..
Charitable arpendI￿re comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such
activities and those costs of an indirect nature necessary to support them.
All costs are allocated between the expenditur¢ categories of the SOFA on a basis designed to reflrft
the use of the resource.

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 ST MARCH 2025
1.6 Tangible fixed assets and depreciAtion
Tangible fixed assets are stated at cost less depreciation.
Deprecialion is provided on all tangible fjxed assets at rates calculated to ￿lte off the cost on
a straight line basis over their expected useful economic lives as follows..
Equipment - IOO/o
1.7 Cash and cash equivalents
Cash and cash equivalent include cash in hand, deposit held at call with banks, other 5hort-tenn
liquid investment with original maturities of three months or less, and bank ov¢rdraft. Bank
overdrafts are shown within bomwing in current liabilities.
2 Critical aceounting estimates and judgements
In the application of the charity's accounting policies. the trustees are required to make
judgem¢nts. estimates and assumptions about the carrying amount of assets and liabilities
that are not Teadily apparent from other SQUT¢es. The ¢stimates and associated assumptions
are based on historical experience and oiher factors that are considered lo be relevant. Actual
results may differ from thcse estimates.
The estimates and underlying assumptions are reviewed on an on going basis. Revisions to
accounting estimatcs are recognised in the period in which the estimate is revised where tho
rev15ion affects only that period, or in the period of the revision and future periods where Èhc
revision affects both current and flrture period.
Unrejtrlcted Restricted
Fund
Fund
3. Fund-ralslng ventures
2025
2024
Membership fees
Donations
Other income
2,299
2,299
7,422
600
2,451
600
800
Service user donation
Unrestrleted Restrleted
Fund
Fund
4. Investment Ineome
2025
2024
Bank Interest Receivcd
Unre5trieted Restricted
Fund
Fun
S. Grants received
2025
2024
Trust for London
Big Lottery Fund
Award for All
Cicely Northcote Trust
Lambeth Wellbeing Fund
The YAPP Charitable Trust
14,500
14.500
14,500
7,800
19,960
3,422
19,960
3,422
9,852

io
LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2025
6. Staff eosls
No remuneration was paid to tsvstees in the year, nor were any trustees, expenses reimbursed.
staff costs were:
2025
2024
Salaries and wages
The average weekly number of staff employed by the charity during the year was &8 follows..
2025
2024
Direct Charitable Activities
Unrestricted Restricted
Fund
Fund
7. Direet eharitable expendlture
2025
024
Salaries and wages
Volunteer cxpenses
Tutor Fees
Food and refreshments
Festivals
Premises Cost
Printin& slationery & telephone
Professional fees
Sundry expenses
Equipment and materials
Annual general meeting
Independent examiner fees
Payroll fees
14,117
2,220
5,340
800
508
5,671
1,234
14,117
2,220
5,340
800
508
5,671
1,234
14,621
2,144
3.700
1,657
273
8,374
851
400
774
350
402
750
86
774
350
402
750
463
700
177

LAMBETH ELDERLY ASSOCIATION FROM VIETNAM
NOTES TO THE FINANCIAL STATEMEI44TS
YEAR ENDED 31ST MARCH 2025
& Current liabilities
2025
2024
Accruals
750
700
9. STATEMENT OF FUNDS
AtIA
2024
Income Ex
nditure
At31
March 2025
Unrestrictcd Fund
3251
10,321
13,572
R¢stricted Fund
Total Fund8