NEWHAM CHINESE ASSOCIATION st Report & Accounts for year to 31 March 2025 Index Company Inforn]ation Directors Report Accountant's Report Statement of financial activities Balance Sheet Notes to the accounts Company Registration Nos 02904608
Report of the Trustees forthe year wxled 31" Marth 2025 Full name of the Charity Newham Chinese Associatlon 4" Marth 1994 Company Reglstration Nos Registered Offi St Marks Communtty Centre Tollrdte Road Beckton London E6 Charity RegistratH)n Nos 1039371 Ob'ects ofthe tha . and PrlrKi Newham Chinese A550aation provides a range of services to the Chinese communty in the London ,Borough of Newham. Its principal activities indude elderly luntheon dub. and interest classes, library 5eNice. community projects and festive and birthdays lebratIOnS. This year apart from Salsa dancing da4 Tai Chi arrfl Tai Chi Sword Group Chair base exercise ha5 been converted to frtness dance in Chinese style. and there is a brand new Creativity & Leisure group on Thursday5 Thys 3ctsvity aims to remind them of their Chinese hertkge and to improve their physlcal well being. Hnandal Revlew The Charitvs total income was £62.156. the total expenditure was £58,378 as expenditure compared to the pwious yearfs Income £56.494 and expenditure of £60.907 The previou5 yearfs expenditure reflected the conduding stsges of the Malaysian National Heritsge project which Wds completed this finan year Reserves Pollcy A key element in the management of financial risk is the setting up of a reserves policy and its regukr review by the trustees The Trustee's consider that as an organisation that is growing with increasing range of activities.we are committed to increasing our reserve5 for puryjoses of maintaining sufficient Working caprtal to meet our long terni commitment to projects we currentty run and which have proved very important to our members Planned Artivitses for 202512026 I NCA will deliver the following attivities, events, and services in St Mark's Community Centre, fi)r 'members and residents in the Royal Docks area of Beckton. Custom House, Canning Town South, North Woolwich & Silvertown and West Silvertown 2.General Advice/ Translation/ Interpret3tion/ A(fvocacy services:_Help users and carer5 wtth translation/ interpretation of letters, and other documents 3. Workshops with Cantonese/ Mandarin interpretation, on various topics by or in partnership wtth Health. Counal departments, Soctal Services. Age -UK. Newham Community of Page I
Carers, etc.,local agencies. Also workshops on Chinese culture and customs such as Chinese Calligraphy & lion dance sessions 4. Special Events and Fest"4val Celebrntaons - Chinese New Year Dragon8oat Health Promotion Day and Christmas Party: 5. Training for Trustees on Safeguar(fin& GDPR, Equal Opportunitie5, Health & Safety, Flre Safety. Food Hygiene, Finan Management, Risks Assessment Equal Opportunity. Monltoring and Evaluation of servicesond Complaint procedures. Acknowledgemeftt The Trustees of the Newham Chinese A550clation would like to thank all the funding agencies and Individuals who have helped the Charity to continue developsng its services in particular LBN & perS Casino Good Causes Fund LBN Safer neighbourhood funders And The National Heritage Big Lottery Funders And other Funders Tr.$ respor6ibdities kn Trlation to the financial Statements: Company law requires the dirertor5 to prepare financial statements for each financial yearwhich give a true and fair view of the state of affairs of the charity at the end of the financial year and of its incoming resources and application of resources. Indudiftg income at)d expenditure for the financ5al year. In doing so the trustees are requlred to: Select sultable accour¢ling policles and then apply'them consistently. Make judgements and estimates that are reasonable and prudent. Prepare the financial ststements on the going concem basi5 unless it is inapproprlate to presume that the charity V4rill continue in business. The trustees are responsible for maintaTninE proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements compty wtth the Companies Act 198 The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detettion of fraud and other iegUlar1tIe In .1COrdan wtth company law we confirn) that we have complied the Tequirements in so far as applicable to these accourts Signed on behalf of the board of Ttee5 by. Chair. Board of TTilStee's 28th July 2025 Pdge 2
Report of the Independent examiner to the trustees of Newham Chlnese Associatlon a charitable company limited by guarantee. Re Financial statements for the year ended 31 March 2025 Respectlve responsibilities of trustees and examiner The Trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed. Having satisfied myself that the charity is not subjert to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Att; to follow the procedures laid down in the general Directions given by the Charity Commission under section 145{51{bl of the 2011 Att; and to state whether particular matters have come to my attention. Basis of independent examIneS report My examlnatlon was carrled out in accordance with the general directions glven by the Charitv Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. These procedures do not seek to express an audit opinion on the accounts Independent examiner's statement In connection with my examination, no matter has come to my attention: {1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006; and to prepare accounts which accord with the accountin8 records, comply with the accountlng requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Ststement of Recommended Prattice: Accounting and Reporting by Charities have not been met" or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent Examiner Certified Accountant CASP 702 High Road Leyton London EIO,6JP Page 3
Newham Chinese Association Statement of Financial Activities For the period 1st April 2024 to 31st March 2025 Company Reg No 02904608 Total Total General Fund General Fund 202412025 202312024 Incoming Resour. For the Charitable activities of the Organlsation Grants Notes 39,909 782 1,350 4,700 15,415 62,156 38,277 2,562 1.546 2,972 11,137 56,494 Contribution for Trips Membership & Subscriptions Donations & Gifts Income from Activities & Events Total incoming Resources Expendlture Direct Charitable Expenses 57,528 60,157 Other Expendlture Governance 850 58,378 750 60,907 Net Incoming Resources 3,778 4,413 Fund balances B/Fwd 24,546 28,959 Fund balances C/Fwd 31st March 2025 28,324 24,546 Page 4
Newham Chsnese Association 8alance SheÈt as at 3tst March 2025 31st March 2025 31st March 2024 NDtes Fixed Assets 753 940 Current Assets Debtor5 Cash at Bank & hand 25,571 27,571 36,425 36,425 Current Liabilities Deferred Income Sundry Creditors Total Llabllltles 12,820 12,820 Net Current Assets 27,571 28,324 23,605 24,545 Totsl Assets Fund Balance B/Fwd Excess Income In current year Closlng General Fund Balanca 24,546 3,778 28,324 28,959 4,413 24,546 The directors are satisfied that the company is entiltled to exemption under section 477 of the Companies Act 2006 and no notice has been deposited under settion 476 of the act requesting that an audit be conducted for the period ended 31st March 2025 The Dlrettors acknowledge their responsibilitie5 for la) ensuring., tle company keeps accountlng records which complies wlth the requirements of section 386 of Companies Act 2006 (b) preparin8 account5 which give a true and fairview of the state of affatrs of the company as at the 31st March 2025 and of its income and expenditure forthat finance year In accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companie5 Act relating to accounts so far as applicable to the company. The accounts have been prepared in accordan with the special provisions applicable to small companies _&1..7./a.o.4s:. Approved by the board on...-.......... .. li4...*............................. chairnian, Board of Trustees.
Notes to the Accounts for year ended 3tst March 2025 l Accounting Poliaes Accounting Basis a The Financial statements are prepared underthe historic cost basis in accordance with applicable accounting standards and in compliance with Statements of Recommended Practice Number 2 { accounting by charties.) b The Charity's main source of income is from grants and donations.some income is a150 derived from activities such as Salsa, Line dance & Keep Fit Classes, Karaoke and Mahjong events. c Grants received for specific purposes are accounted for as re5trirted funds and are applied in accordance with the term5 of the Erant. This definition includes specific small grants for specific work and activity The charity now consider all other funds receivable as funds for the general application and development of all the activities of the chartty d Incorne and expenditure relating to the activities have been tsken Into account on an accruals basis. e Depreciation charge15 based on 25% of Cost of assets aCquid. Totsl 2025 Total 2024 2 Incoming Resources 23 Grants Aspers Good Causes Fund Safer Neighbourhood Sewa Project { GLA demo Party ) National Heritage Trust Malaysia Project Other Fundings Total Speclfic Actlvlty 8rantS 1,034 4,450 500 33,575 350 39,909 3,102 33,575 1,600 38,277 2b Income from Actlvitles Donations/ Fundraising activities Membershlp Subscriptions & Other Income Total Unrestricted Funds Total Incomlng Resources 20421 1825.55 22,247 62,155 16,671 1,546 18,217 56,494 3 Dlrectly Charltable Expenses Project Coordlnators/ Casual staff Volunteer expenses Bookkeepiffg & Accountlng Charges Herltage Fund Subcontracted work Malaysla Project Specific Project Activities direct Cost Rent & Hall Hire Offl¢e runnlng costs Insurance / disclosure barlng service Computer Repairs & Maintenance PhotOCOPler lease hire & Malntenance Sundry Expenses ..xed Assets 13,886 3,404 850 13,355 20,160 2,357 750 15,000 5,169 13,495 1,440 356 190 1,586 90 313 60.907 12,190 5,068 341 1,569 80 187 58,378 ?tsl
Notes to the accounts for year ended 31st March 2025 Continued 4 Governance Costs Profesional Fees 850 750 5 Fixed Assets are shown at cost less depreciation charged at 25% on a straight line basis the fixed assets include computers and accessories and fixture & fittings. 6 Sundry Creditors Accrulas Re Malaysia Project 7 Analysls of Projert Fund Movement opèning Balan Projects Asper5 Good Fund Grant Malaysia Project Other Small Grants Core Income from Activities Total Income 1,034 33,575 5,300 22,246 62,155 Payments 1,034 30,876 5,300 21,168 58,378 Closlng Balance -2699 27,245 24,546 28.323 28,323 8 We are very grateful to all our sponsors and supporters for their invaluable support for our organlsation with your support we We able to keep our Communty safe and informed and fully engaged 9 The Trustees did not receive nor did they wave entitlement to remuneration during the year to March 2024 and no reimbursements were made for travelling expenses during the stated period 10 As a registered charityi the Organisation is exempt from income and corporation tax on Income derived from tts charltable activities as it falls within the varlous exemptions available to registered charities. Page 7