2022-03-31-accounts

Charfty R•91$tr4￿Dn No. 1061TI8 Company R•gl8tratlon No. 2676177 IEngl*n41 •nd Wal•sl HARINGEY CHINESE CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

HARINGEY CHINESE CENTRE LEGALAND ADMINISTRATIVE INFORMAnON Mang•m•nt Commltt•o Mr Chan KeuThJ Ho Mr Gawn FUNJ Mrs M8n Ch8n Ms KInn￿ Li Mr l(M Lai Tar Ms Denrae Ng Ms Helena Ng Mr Hoi YatT50 5•er•tsry hlr G￿n Fung Charlty numbor 1051n8 Company nunb•r 257S177 R•gl8terod offlco 211 Largham Ro•J Llsnd N15 3LH Audltor Bacha & Bacha {A￿lit> Lwnited Stirfiw kk)u5e 107 St'rliw Ro LDrKltsn N22 5BN Bank•rn C￿0parati￿ Bank PIC 195 HJh Roay London 6DP

HARINGEY CHINESE CENTRE CONTEKrs Pa Twst888' ￿Port ststemenl ol tN5t885' F85pornfiblths lThJepeThJenl audltotrs roport statement ol finondal aeUvIl￿5 10 shsèt 11 Not95 to the sLiternents 12-24

HARINGEY CHINESE CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AIARCH 2022 The trustees present their annu￿ report aTrJ finanrial ststem8nts tor th8 y8arended 31 Marth 2022. The finawa5 5trdtement5 have Lwn prepared In aCts)￿an￿ wlth Ihe accounlThJ pollcles set out In note 1 to the finan(aal statements and compty with the ¢haritsbkn rworondurn of a550ryation. thg Compani88 Act 2Cty)S and 'AccOw￿n9 Repo￿ by Chaith8s'. Statement ol Recomm8ntsJ Praccé applicabl? to thaflties preparing thew awounts in aLrorfall￿ wFth Ihe FknarThl Rewrtsrvj StaThJanl app4kxble In tho UK and RepLbllG of Ireland IFRS 1D2} leffecivg 1 Janu•ry 20191.. Objgctlvw and acts¥itle¥ Th8 charftajle company5 obledbves and athikn ofth8 dwrity aTe: - To promote the trffjnefft of th? inhabitants of Hallw nèh3hbourhocds, In pa￿cUlar, Chlmsa p8tsp￿, vmiout thsbnction of sex or ol pO1￿cal. rel￿10￿5 w olher cpinN)ns by associating the bral authorilps. voluntsry or9anl8ations and inhabitants in a common effort to ad¥8Thx educauon and to provbje faCIl￿e5 in the inths16 of social weware for re¢reats"on ￿ leburn Ilme LKcwllon wllh objecfva of knproviNJ their qualty 011118. - To establish or secvr8 ts esWl£hmant tsf 8 (xwnmunty t8ntr• to work with kxal stabjtw authoribes in tha makn1•nan￿ and rnanagement of s￿￿ a centre for actmbes Promot￿ by the a&vAation and it5 ￿ns￿{U￿￿t bodigs In fvrtheranc8 oflhe oblts. - TD pmmotè gothl rlalons In Harirvjey and Jts surrouThYINJ distrfcts by endeavourirg to e￿Inate dlwrnination on ground5 01 Tace and 8ncouraglng equalty 0f0pws￿jnfy telweon ￿r$on9 of drferent radal groups. - To relièvè Ihè povorty of the Chinese ¢>)mmunty in Harirfjey by provBion of athcg, aid and assistsn￿ to irnprove their qu81ty of Iwe aThJ to he¥1 them kniegrate Into the m￿nStr￿n society to promoto ¢ommunity Involvem6nL Th? policies adopted Sn lurtlwance of these obJed6 ar8 lh8 provffjion ofinformation, ￿V0¢4￿ and trairtlng,, supportiTrJ vulnerablg mernb8f5 by prO￿dIng appropriate oare. I1￿ng athl￿ and referral to health s8rvicE$, k￿￿j isolation by dev81oping cultural SO¢bal and running iotnt ￿ents with Haringey CounrAI and Qthor lo¢81 cornmunty offJani5ations to cLKnbatexckn4ion. Thè trustees have pahl du8 tts gukJ9r￿ tssuod by Chwty CLMnmLwlon In d￿￿￿1r¥j what aclNibg1 the aritsbbè company shoukj undertake. Our Centre has cwtinLd to delr4r a Wdiw ol sèrvlrth to moot the needs ol the Chinese cornmunity In Harin9ey th8 surrtyJndiTrJ b￿￿h6.

HARINGEY CHINESE CENTRE TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 A¢hlw•m•nts and ￿rIornI￿n and 8dvlO8s provLsions caThi•J out duriro thg ￿r ￿re. 11 Support Athice Ser¥4c - Ihb conliThJgJ to pro¥ThJ& th8 knlce aryj support servlcs8 fDr local Chlnese sklenis to ac￿$ dwlerenl houslng related servKes SrKILbJiTrJ prevention of homelessness, housing repairs, rent arrear¥, tsx apdits, unNersal credits, various welfare aml ber￿fits daims, educatN)n, h&aMh s•rvltss, ut11tt9, socLg1 and lfving. interpretallon and tephon• Orquiries, etc. 21 Saturday chN￿ S¢hool - This y88r. continugj lo provKlg 2 h)ur8' Chir￿8 language atNJ cutture onllna le8chirq lo ￿Ar students on Saturday momiTrJ beknn lo..￿) a.m. to 12'.30 p.m.. Thls year we h￿1 105 Students gnrolled knr dSfferent dasses from Year 1 to Year 8 IGCSE ￿1. 3) H8atth T8kslHepJth Exercises - The A￿pU￿tUnS( Mr. Ma continued to wovpje 'Tai Chl, exercise dasses to prornote the Welts￿ ol our member5. He teae5 3 times a week from MorKlay to IAthsday. Onlina t•aehing is hohj In th8 moming betsRen 9 a.m. to 10 a.m. Tr ptrrysthl fac&tfy• t•achlNJ Is hèkl in thè av8ning b8tsv8en 6 p.m. lo 7 p.m. 41 Volunt88rs Group- We usualy use volunteers to help and support our Chln8s0 Cofflmunw. Trèlr WO￿ Incltmjèd leaGhing Eng115h. computlng skllls, use of moble phonè skllb. 50cSal dan￿ trainlng or WOTking 88 th9 t88ching a35istants to help our Chine58 SchDcA teacher5 durirvJ th8 dassroom teachiry. All volunteers wwe 6tOPFed slnce March 2020 fDIINlng the oulbreak ol the pP￿deMiC aThJ have not been resumed slnce. 51 After School cl￿ . Th¢ USU￿ matIvnati￿ bJili)n dasses to improve st￿lSnts, lttoraGy and numraGy skllls have been put on hold the outbreak ol the pandemk slnLE Marth 2020. This year SDm& ¥ludents have come 19 atsnd the°Tw Chi. Wh exgrasg th5¥95 in wgekdays aftsr school Ir￿lead. 61 Ph?rnacy c￿leCtion serv1￿- continued to Y￿rk wth a k)cal chern￿ wh) wIl￿d all th? pre¥criplons from the GPB on behalf ol our s8NC Usèrs and P8C￿ tr8lr mgJicatiork8 into a ￿￿ter box 8y8tem lo ensure our dients were taklnty t￿1r daity medicab'ons saf8ty, cJJTh•. 71 Ev8nl- Tlws year we dhd owganige any outsry acbwtss swh a8 on8 day twj or a few day$. trips for our membefs be￿uSe most of our mefflbw5 were still afraid of the cO￿d 19 pandemi& So, a dOnat￿n frcfn a donor, w8 organis8d a Mtjk, e¥ent for ow ohr nwnbers Sépknbar and OctO￿r to support thalr mental health and èmthn81 ￿￿1beIng. hèlplro them to rel￿¥• 8nxty, fèar and IsolaUorh at homè In thls unprecedented twne ol pandem 81 INom8ns Group- Somè women trAVe attended wr Waw events and stsrtefj to soclallsa wfth pa¢¥>￿, m88lng their fn'end in our centre. 0 hope to mslart our Ervjth ckn in lh8 n8arYuture. The effectiveness of our serv1￿￿ aTrJ acti¥￿e$ were measured by the outrxrfnes and the kedba¢s from our Se￿Ce users. Opinion¥, crynrrents and 5ugg8sOon5 WW8 coII8(tsl trorn Dur fDr frJbJr8 Inthti¥85 and nsklernoon of ptc¥ect proThions in order to the needs of the community. 11 continue to provilg ValUa￿e s•rvKS wpJ lor c4Jr mgmt¢ws to oxpbTt more funding opporbjnities to d8vglop more projects pro￿Sk)n$. wll WOTk twer wlth Hartngey Coundl and olher oryanisallc￿s to Promolg nthorf(irq, path9r¥hI￿. Inyth￿nt and volwitsn. Flnan¢ll rnvhw The thFty's totsl r85gtves as at the BalarKe Sheet date was £1,2C6.35812021 £991,082). 01 this £10,SS1 12021 £8,394) was Tesliicted and £189,73612021 £189,736) vtas despJnat&g fijrth. Olhor rus0￿$ raprosant gal￿ from revalu1ng Ihe inves￿ent prop8rb8s ￿ra £702,042 12021 £457,553). Thè Charwg fw mèms, not Invasted In fxJ as$&ts or dosignatsd fof Other purposes sto(*J at£61.917 (2021 £82.660).

HARINGEY CHINESE CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 It Is tha pollcy ofts Laritable I￿panY that Unrestric￿ not been deskJnat&J h)r a sFedfic use should be maintained al a thl equiv8￿nI to Ihree aThl 8i¥ Month's unrestsktwJ 8xpenditurv. whic th8 trustees esumats to b8 around £50,000. Tr tNstees o)nsirs that rE5erv8S at thi¥ I￿￿1 will gnsure that, in tha event of a slgnlfic8nt drop in fvndiTrJ, they will be abk lo conb.nuè ehantsbl8 PA¥npany's uJr￿nt gdtrft￿s while conswj9rakn.on kg gNen to ways in wthh ald￿Onal frjnds may b8 rawl. Thi5 kvel of rE5etVg5 begn maintained thro￿hOUl the year. Tre charTty rece￿1 total unrestrfcted InccTh 01 £70,825 duri￿ ye8r12021 £74,102). 01 thkN, £25,64012021 £30.7851 Is from the Chlne5e SclK)L4 arvj rentsl of £23.72712021 £25.079). The charity expended £93.03912021 £89.4371 on its tharitable thItM. Th• casts ol nmnlrq the Centre from which the m4ority of 58N¢95 arg prowded werg £41,191 12021 £47,841), rnne of whKh IB coverèj by r8stMcts In￿M$. The c¢8ts of running the school amountsl to £50,37712021 £42,670). Govemanct C4)sts wsrn £7,624120211£2,073)). Net loss for the year. tefore Wd1Uat￿n of Inwtrnent prDpwUes aThJ transter5 fvnd$ amount&l tc 1£19,2141120211£15,33511. The Injstees have assessed tho maj'or rlsks to Iho ￿MpanY Is exp05tyJ, and sati¥fied that systems In placa to mftbBte exp1xu￿ to tho rnaiGY li5k Plans forluiurg p•rlod• AlthoL￿h aur rtsntre's financial in￿rne has Teduced in the past months slnrs lh8 outrjreak of the pandemiG oThJ the local lod(¢kn¥ns, it did not prev8nt us frc4n ouf planned sgrvices by moving tha èKlstiNJ fa¢•tsf3r serVIL￿ ￿lIne. Stsff are workirvJ frryn home and wirrfj online or mobil& S•MCèS to satsfy our dients. needs. Following the rernoyal of the paTrJgrnic knckdown rnstriclk)ns In Juty 2021, the ￿ntre has re-opened but clas￿$ rem8in&J ￿lIne. In eddI￿n, our operating surplus a￿1 reserves Mi th& wt year5 ha￿ ￿na￿alY secured our sustslnabllty to provulB quality 5eNc85 and activ￿83 tr¢ meet Ihg needs ol our membws. stNthr¢. gr)vornanc¢ and man•g•m•nt The Ch￿t￿le rxjmpany Is a cxjmpany ￿m￿j ty guarants8. on 19 January 1991 and rn9lstèr￿ as HarirwJey Chlnese Centte on 11 Dec8mL￿r 1995. Thg ￿rnPany ¥ras estabhshed urmler a Memowdum of Assc¢iation whKh $StsN1$￿ th$ obj• ￿1 powgr3 ofthe ch￿liab￿ company arnl 15 govemed under ts ￿ti￿•S ofAssouat'on. Th• trusttts. ar• aLso thr8dofS lorthè purFK49 of company l. and who sewl duriry thg yggr and up to the (fe 0f￿gnatUr$ of the f narKaal statements we.' Mr Chan Kaung Ho Mr Gawn Fung Mrs Mon Lin Chen MsWnni•U' Mr Khoi Lai Tang M¥ Denise Ng MS Helena Ng Mr Hoi YatTsol None ofthe trustees has any interest in th8 cnwary.PJl ofts trustèas arè member¥ ofth8 cornpany and guarante8 tD conldbuts £1 In th& ￿nI ol a wir¥liTrJ w).

HARINGEY CHINESE CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 The Centre has a Managemont CtyDmKt8e of LP to 8 memiws wtho m8èt aFproxim4tsty 8v8ry 2 or 3 months and are responsib for the strategt dwection and polw of th8 tharity. Sin¢ thè paThleThic outbreak from Match 2020, it was not posslble IDr tr rnanryernenl c￿n￿ttee to m8•t LV ', al the disrwsions and decisbns appro¥ed by ema115 Dr Oral￿ over th? phore. Day to day responsiblllty for the provilion of the s8rvics ar• run by the Centre Managèr * SUFPOrted by other stalf aThJ M4wJemenl Cornmth8. R8cruttm8nt ol voluntatrs ks thrO￿h the WebS￿e, or by iecoThbnThJalons by m8mb8rn. Voluntsers Servi￿8 ￿re wt on hold since the parMIBmic Olrtfva Aft•r r4ntsval ofthe sorAal ryjntact restrtLthn fr￿ m•J Juty2W21. Ihe centre was fulty to the pub I rn￿￿r$ ollhè Marwant Ccfflrnittee give bvknntsrly ar%Y [￿N8 no ban&ffts freffi th8 (*arity. Any 8XP9nses [erJa￿&1 from the charlty 8r8 $8t out In tho to the accryjnts. Audltor Bacha & Bacha (Audit) L#ritsd 4Jpolnted au¢frtor lo the arn1 a reso￿on propo8lrg that thay b8 r8-appolntsd ￿11 b• put at a General Meeliru. The Irustsg¥' ￿port was approved by tho Boarrl ofTruste85. MrG 20 December2022

HARINGEY CHINESE CENTRE STATEMENT OF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 AIARCH 2022 Th• trusto•s, who 8r• also tho dKe¢tors of Harirw Chirlese Centre Ihe purpose ol cryany law, are r8sponslbb for preparing th8 Trusts6s' Report and the finanual statèm8nts In accoNJanL vAth applle4bl8 law and United Kingdom Accounting StsThlard5 irdudiru Financial Repoiting Stsndard 102: ThB Finaw81 Reporting Standard applicab￿ In the UK aThJ Republ￿ ol IrelaThl (United GeM[atyA￿Pted Accountiry Practpxl. Company Law requires th? trustees to prepare finan￿￿ slatemgnts for ￿ fnarKial ygarvthith gi￿ a and fair ew ol the stste ol affalrs of the tharilaNe ¢ompany and of ￿ irrf>)ming res0W￿ aprf￿atiOTr tsf re¥ourw, including the income and eXp￿VA￿Ure. ofthe thaiitsble C￿panY for that year. In p￿Partn9 these finanrAal staterwtA the Inwtegs fW4uwpd to.. - $01o¢t $ultablo ocgounong polldas aThJ then appty (x)rtsthnty,' - obsarve the Meth￿AS and prin&ples in the Charrb8s SORP.. - make judgements and estinat8s that are reaS0rb￿ aThY pnhJèn¢ and pr8pare Ihe finanelal ststèménts on th• ￿1￿9 conc8m basks unless it 15 Inapprop￿ tr) presum? that tho charitsb￿ o)mpanywill conts'nue in 4)eratirm. The Irustses are respon5)b for maintainSTrJ FYCW aLuundrKJ rwrds thal dlsc&)se wlth roaSOnab￿ ￿ura￿ al any Ima th8 financial position ol the charitable rA>mpany a￿1 ensb tlwn to ensure that the Ilnanclal statemnis (x)mply Ythh the Companth Ac¢ 2¢K￿. They are dso responsible for safeguarding the assets of Ihg tharitawo cunpany ￿ hence for th'ng rea50na>kn slep5 IDr Ihe prè¥enkn and dekndon offraud aTrJ olher irregukqriti'es. In so tdr as tntstees are véAre'. -Thorn Is ￿ relevant audrt Information oltthk dwritablo companys a￿lIOrS are Un￿ aThJ - The tru¥tsos ha￿ tsknn all th6 Stops that kn 0￿ht to ha¥E taken to m8ko th8m8efv8s 8wara of ary rakvanl audft InforrnalK)n to establlsh that thè auditors 8(• awrdrn of thal Nrfonnalion. Th8 twst8es 8rè rèsponsiblè for tho Maintenan￿ and integrity DI￿ rAj￿%)rate and fvwndal Informatk)n Inc*Jded on the Ltharilabk companys website.18g151alon In Ifjwm gov8ming the preparat￿n and di5s8mination ol finandal statam8nts may drfl8r Irom kg'slatton in otherjursdllh￿.

HARINGEY CHINESE CENTRE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF HARINGEY CHINESE CENTRE Oplnlon hove audlted the finandal statements of Harirw Cfvlr￿ Centre lthe'charrtablp campany'l for the Year•￿￿d 31 March 2022 which comprt5e th8 5tsterngnt offinawal thti8s, the bala[￿ shoet and the notes to the finanr4al statsrngnts. induding a surnmary of s•Jnificant a¢countlng Oiclès. Tr finatthl r8porb.ng framework that has ￿en applpd In thelr preparalon is appllc¥ble law gtvj UrNW lfjn9kn Accounting StsThJ8rds, Includlng Fknanclal Repotuw Stsndard 102 Th9 Finan¢yal Rgp¢vting Sf8ndard epplicable In the UK and Repl￿1¢ of Irwand (United lQngd¢m G￿r￿Tal￿AC¢epted Accounti￿ Practi￿). In our Lvi￿0￿, ths tranoal statements: givo a trua and fw viv of th• statè of fhe charitabJ8 corryanls affaks as at 31 March 2022 and of Its ineomiTrJ r8SOUTrs and 4)pliration of re50wrM. ￿year It￿ endwj,. hav8 b•an proFth pr•par8d In ar%￿10￿￿ UnTtwJ GerErnlty Ao8d AcrounttThJ Praclke., and h8v8 been pr8par8d in a(xXryIan￿ wittb the requirernents ol tha Compani8sAct 2006. Ba•S for oplnlon onducled our audrt in aco)rdan¢x with Internat￿￿81 StaNlards on Auditirv4 (UK) IISAS IUK)) and arylicatle law. Our responslblltSes under those stsn¢Jard5 are lur￿￿ d85crib•l in Auditors Trswi￿b1Ithes for Ihe audtl of lh6 finan￿81 st8tgments s8cbon ofour report. ￿ are indetThJent ofthe chalilab￿ ￿MpanY In 8c&)rdanc8 wllh thè 9th1￿1 requlremgnts that arg rebvaTht lo ¢)ur awjit of the fir￿n￿81 ststements In thè UK Incknjlng the FRC'S Ethical staThJard, and have fiJlfiI￿d our other eth￿￿ respOn￿b￿lIS In actA)rdanc8 with these rgquirements. belieye that th& aLKJit ev￿8￿9 w9 hav8 obt￿l￿d is $uffi¢ignl approwHie to provhje a bask8 for our O￿niOn. Concluslons Mlatln9 to gdng ¢on¢ern In audthro the finandal statements. have Ihat lh8 tsust895' U89 of thg COn￿M basb of accounting n th¢ pr¥paration oftho finantyal Stat￿¢Thts ￿ ¥Fpropriate. Based on the work have perfomied, not kjèntrw •ny materiol unc¥rtainIi￿ ￿lating lo events or condElons that, Indthduty or CC41ectNe￿, May cast Si9nifir2nl thbt on the Charitab￿ companys ablllty to ￿n￿r￿JE as a goiTrJ ¢oncem lor a pe11￿ of at ￿t montrs fmm when th& fin￿￿1 st8t8rngnts ¥* authorisgd for issuo. Our resporffjibilrbes and ihe rgsFKfflsknllitse5 of the tnAkes with respect to going corK4m ar• d•sert￿ In thg reknnt sectKJns of Ihis report. Oth•r Infomi•lion The Othgr infornation th? informatN)n ¥KabJed ￿ the reFort. indwjiro the trustees, ieport Dthor than the financ4al ststem8nts our a￿lit0￿5 report themn. The truste&s am responslbk knT tre other Inlonn8lknn contai1￿ wthbn the annual report Our opinion on Ihe fin4rKial 5tstements dog5 not c¢mr the gther Infomation and do not express any fom ofa¥8UraTr￿ condu¥h)n thereon. Ow respons￿)l￿ty is to r8ad th8 0th8r infDm)ab"on and. In I>)1￿ so, conshler whether the other Snfom)thn i8 matertalty ilw￿lB￿I with the finanoal Stst8￿8nts Dr our kno￿edg? obtaine(l in thg ol the aud￿ or 9th9￿ app9a￿ to be materialty misstated. If we hjenlify such material ino)nsi5terKYas or apparent material mBstatemersts. ￿ are fequlred to detemilne vknelher thls glves rise to mal8ri01 Tnk%ststemgnt In the financial sta18m￿ts bkn59fv95. If. based rm the have perfr)rngd, wo ndude that there is a matsrial misstatement ol this other infonnadon, are wulred to report that faGL have nothing to report in thk8 regard.

HARINGEY CHINESE CENTRE INDEPENDENT AUDITOR'S REPORT (copifiNUED) TO THE TRUSTEES OF HARINGEY CHINESE CENTRE M•tt•rd on ¥thl¢h w• arn r•qulr•d lo rnport by •xuptlofi In th8 IkJht of the kncwkdge and understanding ol the charity aTrJ ts enironment obtained in the c¥)ur8e of the audit, W8 have not idtntifJ matèrial mL%stst•M￿ts in th• TnKst8•s'Annual R8porL Wo have mthing lo report In res￿ of follohing matters in Telalm to 1hg chal￿e$ Ac 2011 Tequirgs US to report lo you If, ouroplnbn.. Ihè trust￿ ￿ra nol ènttued to p￿pare ￿ finand￿ st8tem•nts in accO￿anc wth the smdl ￿MPanI•S reg'rne and take ad￿lage of Sm￿1 rrffjpanps. exemplhxbs in P￿aring thB tnjstees, and from the r8wiremenl b pr8par8 a strategic repNL ad8quate aw)unling recxjrds ha￿ not t￿Tr kept or retU￿ts ats4uate for our a￿lIt have not received trorn branthes not ￿lted by us,. or the fnJKial statern8nts ar8 not In agrawnantwlth the %counUNJ rect)rds and mtums.. or wè havè not obtalnèd all thè Infomialon aThJ wknatsons r￿SSary for Pu￿060S of our au1 R•spoMbllltt•8 of tru8t•e• As explained more fvlly in thg statsrnenl of trust￿. respon￿￿1th5. thg tru5te85, who arB a150 thB dlreciors of th8 chaiitabb ￿rnpanY fc¥ the purpose ol ¢¢)mpany ￿w, are re5F¢)n$ibb for thg preparatlon of Ihg financial statern8nts and for being salsfied that they give a true aTrJ falr and for s￿h inteTrl cDntrol a8 the tNslees d8terrnine Is tQ gnable Ihg pyeparakn of financial statements that awe frEe frDm tnaterial misstaternent, whether due to fra￿1 cx 8mr. In pr8pariro the financial Btslem8nts, the trLtst•ès ar• ￿ponsibl9 for as$￿1rvj the chadtsblè crynpanY5 abllty to conbriue as a goiTrJ concern. di8d0s1￿. a5 apPl￿ble. matteTr rglat8d to going con¢m and usn9 th¢ golro eone¢m basis ol 8ctounts.ro Un￿$S either Intend to I￿u[date the thaiitabl8 Cornpany or lo cease op8ratiJns, or havg no real5￿C 8ll8mkn but to s Audltorfa MpoMIbMItI￿ forlh• audlt of th• flI￿n¢t11 stat•m•nts Thè trustoes hav8 8￿cIed lor the finanaal stalements to be in aco)rdance with thg CharitssAct 2011 rather that th8 Companlès Ad 2W6. Aecordingty. we have be8n aFwintsd as auditor under section 144 of the Chwits'es Act 2011 and report In ac£ordance with reguEalp)ns Thadp sethon 154 ofthatAcL Our oty'ectThies are to obtain reasonable a5sur4rKe aboUtW￿r ts fina￿thI ststements as a whob are free trom matèrtal mksstatsment, whether due to fraLKI or error, aTra to issue an ?uditorfs report that indude5 oplnion. ReasonaL assura￿ ￿ a high le%el of assuraru but Is not a guarantee that an audit c¥Jnducted in accvrdance vAth ISAS IUKI will rtect a rnatwial mi5ststsmenl when it ex￿. Misststsments can arlse from fraud or error and we consideffjd matertal ff, lThYfvhJualty or kn the aggregaie. tw could reasonabty be exFedpd lo infiupnce the economlcd?ci5ions of ￿r5 tskgn on ttw basks ofthe5e finarK4al staterr￿nts. Inpgu14ritws, tra￿1. are Instan￿ of n0rFcW￿0ar￿e with laws and reguladons. d88i9n p￿cedUreS in n8 with ow responslbilitbs, out11￿ abgvg. to dgtect Materi￿ rni55tal8m8nts in rB5P8Lt Df InEgulartties, Ind￿lIr traud. The extent to whith our prrJ¢xJures aTe wJl8 ofd8tiry irregulaiitw, indu(ting fraud, is d•tai￿d baiaw.

HARINGEY CHINESE CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HARINGEY CHINESE CENTRE Our apwo¥¢h to idènti￿ng ￿kS of maleri￿ mlsstaiement in ￿$FeG1 of IrTegulartlios. Including non-fA)rnplianr2 vith laws aTrJ f89Llations. as - the èn94Émènt parbw •nsur•J that th• •rrfJ•J8m•nt t8n colèctN8ty had the appropriat• competence. c4abiifo.es skllLs to identify or rery)gnise nOn-fA)M￿l8IK2 with arvlirbbp lawB aThl r8gul8tion5', - w8 id8nth.fied the laws aThJ regulatlons applicable to the cxjmpany through dxuSs￿nS with dlrertors aNI other manag8m8nL and from our comm•N81 th¢)•￿ge and •xFrnce'. - we focused on sperAfic laws and regulation5 whth we may havg a dir matsrigl effect on the financlal stsl8m8nts or the owrations ol the company. . we as$8ssed the extent of cOrTW&a￿ whh thè 8ThJ wulath)ns hJw)Jfi8d throu￿ mthng erquiri08 of m8nagerwl and inspectiTrJ bgal ￿rreSpo￿1erK$,. aTrJ - Idanllfied laws and regu￿tiOnS w￿9 c3xfflrnunicabJ aLhdit knam wularty and the team r8rnaln8d 818rt to In$tsw of noTr(¥)mpllanc¢ throughout the awJlL We assese&Y the Su￿pti￿1fy ol ts ￿MPanY s finantaal sta1wn￿ to m￿￿1 misstatement, Ir￿uding obtalnlr an undeF5tsndlThJ of how fraud might Or￿r, by.. - maku)g enquiri85 01 man89ement as to w￿8 thèy tsjnsb￿r8d tsrèwas stkscpffolllty to fraud. thelr knowledge ol adual, 5uspeLted aMJ aled - C4)nsthrfw thè Intèmal In Pla￿ b) milv• risks offtaud r￿)r￿coMplIance with I￿ and regulat￿)￿. To othrÉs$ tha risk of fra￿1 thfough m8n4enrt bias and oveJTiJe of contrDts, ￿.. - p8rfonnad analyb'cal procedures to identify any unL4ual or u￿¥per￿ed relats)￿lps', - t&%ted loumal èntriès to klèntsfy unugual transarM)ns". - assessgj Wheth￿ }￿jg￿nents aryl as5￿ptiOr￿ mad8 In d8lèrmlnlr¥J 8tcounUng e5￿m￿t&S ￿re IndirAt've of potèntial bLqs', - Investyatad thè rdlijnab b8hind sknlffeant or unusua transactions. In rasponse to th8 risk ol irregubritRs arvj nOr￿￿n￿lan￿ wih aTrJ rwulatr'ons, w8 d85igrwl proL%dur05 which In￿￿ed, but were not IlmTrt6d t￿. . agreelng fjnanclal statement di%clwJres to uThYertyirq $￿por￿rg thwJry￿ntat￿)n,' - reading tha minutes of meelrvJ5 ofthose thwJed wSth govemance", - enqulring of ma￿9￿Ment as lo ￿nI￿al 1rfVJats￿ arxl d8hl)S.' - rnvlewlng ¢))ThespoNJenc8 v4th HMRC. There are inherent Irnttallons in our ￿0¢dU￿ t￿SCr•I abow. The more rwnovBd that laws and r9gul8tions are from financial transactions. the 18ss likety it is that we woukl becoma aware of nOr￿coMplianCe. Audlbng Standards also limit tha audrt pr(tedures requirgj to pJenbfy non<ompbanc with laws and regulavons to enquiry ofthe direrlors and 0th8r Manag￿nt Trnspxtsn of rngulatory and legal coThe8pondgncg, il any. Matsripj misstatsmants that ari￿ to fra￿1 c4n b• harder to thtect Ihan those thal arbS9 from emr 45 they may Invol￿ deliberats C4j￿￿[ment or aAlu￿on. A thjrther description of ow respon$il¥"litss 15 avaiw on thè FNndal Rèporting CounrAI's wpbsite aL' hlty$'.11 www.frawJ,ukJauditorsrnsponsbiliti8s. Thks descn"ptKin fcfft5 part ofour auditorfs reporL

HARINGEY CHINESE CENTRE INDEPENDENT AUDITOR'S REPORT ICONTINUED) TO THE TRUSTEES OF HARINGEY CHINESE CENTRE Uje ofowrnport ThIB report Lq mad8 sclety to the chaws INgtw, as a body. In acc4rdBn¢% with $8GtrJn 144 of Chartties A 20114nd th& regulatlons mad8 under se(*on 154 ofthatAcL Our0ud￿ Y￿rk h88 be￿ undèrtsk•n so th&twe mlght stste to the chwitys trusts99 thosè maiters we are rgqulrnd to ¥ts1o to th9m In an auditor¥' repurt and for no other purpos8. To the fullest Oxtent permitted by law. wè do not aoxpt or assume mponslbllty to anyone other than tho charity and the ch8rfty$ trustees as a boty. for cur audkworK for thls r8po¢ orforthe oplnton¥ w? fonnod. Yog•ndAnath Bacha BA (HonB) BFP for4nd gn behaw of Bacha & Bo IA enlo t)Ll 210acemhr 2￿￿ hart¢r•d Aceountant• ¥tslwt•ry Audltor Sliling House 107 Stirfing Rogd London N22 5BN

HARINGEY CHINESE CENTRE sTATEmE￿r OF FINANCIAL ACTivrriES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIARCH 2022 Total fvn 2022 fvnd 2021 fundg 2021 2022 2021 n¢om¢ 4 Donations and IBYa￿e5 charitab￿ activltks Investrnents Other incorne 8,108 30,78S 25.696 9,513 8,108 30,785 25,69S 9,513 2S.640 23,781 18,484 23.781 18,484 Total Ineom• 70.825 73.825 74,102 74,102 Ex •ndltur• on: charitab￿ ath"vities 92.1 93.039 89,437 89,437 Net gainsll105$8sI investrnents 10 244.489 244.489 112,509 112,509 N•t In¢orn¢ fortho y•arf Net movom?nt In fvnd¥ 223,118 2,157 225.275 97,174 97,174 Fvnd b•lane8S 811 April 2021 972.688 981,082 875,514 883.￿)B Fund b•lanc•s at 31 M•rch 2022 1.195, 10.551 1.206.357 972,688 981,082 The staternenl ol financ￿1 activitss irKhths 811 gains b558S thè year. l incorne and thrive fwrfn ￿tinu1￿j athitw. The ststement of finaThl adv￿•S c1x￿p1￿ with the require1r￿ts for an Snwm8 aThJ expendibjre accDunt und8r the Companles Act 20C6. 10-

HARINGEY CHINESE CENTRE BALANCE SHEET ASAT 31 MARCH 2022 2022 2021 Flnd as•ts Tangiblg assgts Investrnent properti98 11 12 242,111 822,755 242,739 576,266 1,064.866 821,CQS Curr•nt awt• Debtors Cash at bank arvj In hand 13 3,427 141,853 16,145 156,543 145,280 172,688 Cr¢ditorg: amounts falllnp du• wlthln on• y•ar 1S (3,7891 112,6111 Net cJJrrent assets 141.491 160,077 Totsl asg¢ts less curr&nt lknbllttl 1,2C,357 981,082 Incorne funds Restrthd ￿ndS 16 10,551 8,3 Unrestricb Designatsj funds 0th8r re5eNe$ Genor81 unrestricted fvnds 189.7 702.042 189,7 457.553 325.399 Unreslrftsted fvnd$ 1,195.8 972,668 1.195, 972,688 1,206,357 1,082 The fin&ndal stat8rn8nts w•r8 approved ty Ihe Trustse¥ on 20 D8cernbBr 2022 MrG Trus Company R•gl8trntlon No. 2676177 11

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accounllng pollcl Charlty Infonnatlon Haringey Chines8 Cèntrè ts a prNat• company lknknj by guarantee inco￿Ora￿J in Engla￿j And Ihs. Tr Iste￿d Offi￿15 211 LaTrJhwn R¢xl, LoTrJon. N16 3LH. 1.1 Accountlng conventl¢n The financial statémènts be•n pr8pared in aco)rdance ￿th Ihg charitab18 ￿mpanI$ govemlng dOcU￿nI. the Companie3 Act 2￿, FRS 102 Tr Flnandal RewrtirKJ Standard appIl￿ble In thg UK and Republic ol Ireland. I'FRS 102"> and the ChantEs SORP'AwinlOng Rewrting ty Chaiiti98.' Ststemenl of R￿MMer￿d PrathLE 4wkable to chaibtss woparing their a￿OUnts in axordanr with the Flnandal Repor￿ng Standard applicablg in the UK and Repubk of Irelar%l (FRS 102). (effecti￿ 1 January 20191. Tho tharitable company Is a Public Benefit Entrty as dgfir)ed by FRS 101 Th8 charitabk company has takgn Df pro¥isiorts in ts SORP tor tha￿￿8> not to pr8pa ststement of Cash Nows. The financ401 $tstom•nts aro prop8red in $terfl￿. whith the fvnLthr•l LxJnBrKy of tha charhabte cornpany. Aonetary ￿oUnts in thes8 finandd ststom8nts are rouThkJ to th& I￿Test L The financ4al Statèmènts haw b80n prepared under the hi8tOfical LX)5t conventlon. modified to indude the rEvaluation CTr1 freehold proFeths and lo indLJ8 knv•stment proFertie8 and cgrtain fin8nLYal Instruments at falr vabjè. Thè prinopal ac￿Unti￿ FK)Icies optwA Hre 5Ot tyjt thyrt. 12 Golng ¢onc•m At t1￿ time ol approving thè finart￿￿ statwfients. ￿ trustees havg a T8a50nabb expectation that the Charit9b￿ company has adequate resourtrs to COn11n￿ In operational exi8teTrx for thè forèseeabk hjbjre. Thus the trusts&s Contin￿ to ath)pt the b85is Df ￿Unting In pryriTrJ thè finandal 1.3 c￿rItabh funds Unreslri¢ied lund8 ar8 availa)kn lor use at lh8 discretion of Ihe In4ts¢s In thjtharnnce of thelr tharliable D•slgThat•d fiJnd5 comprwe fuNts have Lwn set askJ& al Ihe diBcreUon of the trust8es frjr specbflc purpose5. Tha puws and ￿0$ ofthg d￿Nanatod thJrK15 arB Set in the notes to the finandal slat8m•nts. Restrictwj tsrvJ8 am sutr48Ct to sp•fft CoTrJitpj￿ by dprors a5 to they rnay Thè purpos•s and u$8$ of the restn'cted fvnd¥ are 581 tho Mtss to tho fironiyd 8l•tom¢nts. 1A Ineom• Incoma is twogni3ed when th8 rar[ta￿ ccffiparry L8 8ntiUe(I to ￿ •ft¢r any perfofmance cvndltions have ￿en m8¢ tha amounts can be rneasured rdiably. ond rt 15 probable that IrKom8 wll r￿fvd. Ca¥h donations ats re0)gnL￿d on receipt Other th)nations tecogntwj once the charitsbkq company has en ntstifi&(J ol Ihe dorration, urkn5 p6rfom)ance t))nd￿on$ require deferrol gf th8 amounL Incc¥ne taK rerymrabkg in relauon to donaticis receNed uTraer Gifc AWA or deeds of covenanlls WJ9ni$ad at th& tin ol don8lEon. Incom¢ frtyn gtyrnm6nt and other grants, Y+tth 'wtsf grants or'r8Npnue' grants, ￿ r8cognised when the tharity has entille￿nt to Ihe fvnds, any perforrnance i#JnditK)n5 to the grants ho￿ boèn ffloL il 1$ pr¢b8bb that tho in(ornewill be re￿iVed and amtyjnt can b8 measured reliabty or¥J15 not deferred. Int&rsst on ￿n￿$ held on deposit k8 induded w￿n rec•fv8bb aThY ts arnount cgn bB measured reliabty by the tharity, thls Is nomU1￿ upon nots'fication olthe inter8st pakl or payable by the bank. 12-

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL sTATEMEP￿s (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2022 A￿ountIng poll¢l•s 1A Exp¢ndtur• EXpe￿liture is recrJnlsed On￿ Ilwe is a bgal or rA)Ip3ath￿ to Thake a payment to a third pa￿, It Is probable that sethment will te requlr&J and the amtyxrt of the oblvJath)n can be measured rellably. Expendrture Dn Charitab￿ actv￿.es the cosls of runiMroJ the school. Nnniro the centre and the provbjès, th8 e05t of workirKJ wllhin Iha whJ•r conmnunty arvj ottr actNiUes undèrtaken to fiJrth8r the purp￿deS ofthe charity ￿ their assLKated SUFVOrt ¢￿ts. Irre¢xvertAe VAT is tharg￿ as a rA>51 against the forKh the eXpeThjT￿rBVvaS incurrp Support costs are those fiJnctMs that a$5iSt the ￿)rk of the thaiity ¢kJ Th)t diT• undertake charftable athilas. Support costs indud• bad( offic• costs. finar￿. wsOnn￿, payrDII and govomancth costs which SUPPDrt th8 chariV5 arb'stic prograrnm85 and ath'vIl￿s. These L)%ts have b88n allocatwj Ltsvèèn eynditure on charitable actsthe5. The bases on whi( support costs ha%+E been all¢)cated arg Set Dut in th8 1.6 Tartglbl• fix•d au•ts Tandbl8 fix8d ass•ts aro measur&J at cost aTrJ Subw￿ mea8ured al cost or vajualion. nel of depreclatlon and trnpalrment losses. Dew8clatSon b r8cognls8d so 8$ to wrlt• off thg t))st orwdlLAIK)n of assets kns thelr resijud values over their u¥efvl INe8 on Ihg foll¢MTrJ bases: Land and building¥ Pknl and g]UiPm8nt 25% reducirwJ baL4nce Freehold land ts not deprerAaW. Freehcl propErtY IS rnt deprticaabj due to hlgh resldual vaue ol the The galn or loss arlslng on Ihg dlsposal of an ass8t ts d8t8nnln8d as the drfyerence befvRen the sa procegjs aTrd the caryirvJ Val￿ ofthe awt, aTrJ re(xqnBgJ in th9 5tstement offinanclal acUvMles. 1.7 Inv•stm•nt prop•rti Invesbmenl property. which ￿ FKcywty hehl to eam rentab wyvor frjr c8pilal appraC￿tion, Is Inmally r8cognis8d at c>Js( whlch irtbjdos the purchase cost aThJ any direth a￿lbUtab e￿nd￿re. Sub59qU9nOy it is measured at f￿'r vgbJ8 at ￿ ￿POr￿￿j ènrl dalo. surphjs w de￿t on r•valu&tion is r•ccsni8ed In profil or loss. 1.8 Impalrni•nt offmd au•t• At each reporbn9 end date, Ihe olaritsb18 COrnP8ny re¥￿ carylng amounts of Its tarvjlbkn ajsets to d8t•miin8 whether Ihore 15 Ind￿atKIn that th¢)se a￿ets havg an Imp#irment kjss. If any SLKh indicatign exists, the amount of the asset i% •stwnabJ in order to d•tomilno th& •xt•nl of tha 1rnpa￿enl Icos lif any). 1.9 Cash and cuh •qu5valgTrt Cash and cash equivalents inrth In hand. ¢p05ib W al Gall ￿th banks, Other 8hort-tsmi Ibauld Inyeslmènts wlth origlnal ma￿t￿$ of thr80 monlhs or J85s. aTrJ bank ovgrdtats. Ba￿ gTrMdrats are sh¢ywn thin borrowings in ￿rrent lialxl'tie5. 13-

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEIAENTS (coHfiNUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollclo5 (cont1n￿dI 1.10 ￿n4￿1￿1 Instruments The tharitabb compary has elocknl to appty th? pro￿on3 of sedY￿ 11 'B45 FIna￿al Instruments, and Se¢tlon 12'01her Fln8nci81 Instnjnents ISS￿$, of FRS 1￿2 to all of ts ￿Trar￿al instJwnonts. nnandal Instruments are re(4ni8ed in oJrnpanYs b418rth sheetT•then the tharltablg ￿MpanY be(g)mes party to tIE contsaclual prov￿10￿8 ofthe instNmenL nandal assets liabl￿ties arB offge( with thè net ￿0￿niS presented in fmanaal ststsmerts, when thpTr is 3 18galty e￿fDr￿ab1e right to set off the rwJnMed arnounts thern Ls an Intsntion to setdg on net b￿8 or to rali80 Ihg 8ss8t and $6ttb thè Ilabifty $imujtsw￿￿. Basle ftnaneklassets Basic ffinandal assets. whth indude debtOf5 aryj CAsh and bank balan￿, are InTtLalty r[￿ured transact)n prfc• indudlng transacts)n costs aThl we SLthequenlJy carTied at amortLsed cost uslng the effELthve Intere51 metrod unless thè arran98m8nt Con$thrt￿ a financin9 Irans?don. Wh9￿ transaction Is rnaasurod at tho present vahR of the frMJre re￿Ipts d￿COunted at o market rate of interest. Finandal a¥¥ets as receNth8 Withln om year are Mt ￿orl￿ed. lkncogirf&on of ftnanelal ass•ts naneial assets are derecognised onty when the (XJTTtraLlual V8hts to the cash flDWS frorn Iht asset explw or are 58tt18d. or whèn the Charitab￿ o)mpany transfer¥ ts finanoal asset at¥J s￿￿$tantialty ail the risks and reward8 of OWne￿hIp to another en￿ty. or If some s￿nthnt nsk¥ and rBwards of ow￿r$hIp are retaird but control ol th• asset has hnsferrgj to aTrJth8r party that is ab￿ to sell the a5S8t in ts enurèty to an unr8lat8d third party. B•sl¢ flft•nclalVabllltt•s 88si¢ ffinancial liabilit￿$, Ir￿uding (Trdttors and bart lo￿ are inrfTany rettvanlsad at transadion prfrx unlpss the arrangernent mrslTtLrtes 4 fin&nc4ng tra￿a¢Don, there the (kbt •￿trUment is measured at the present value of thg futu￿ payrnents discounted at a rnarket ratg of intornst Fnanrial liabil￿95 dassi￿d as payable thin one year arè not amortised. Dobt Instrum8nts are subsequentty carried al wnorlised uJs( th• ntorost rab rn•tr￿. Trade cred11ors are obligalicrfw to pay tor or s•Trxw that t¢gTh aCw1￿ in the ordlnary course 01 orArab'ons from suppli•rs. Arnounts p￿ab￿ are d8sshfj￿l as curnnt liabilfaes if payThent w du8 withln on& yaar or less. 11 not. arè p￿ented as nortruJrenl lia>11￿￿¥. Tr¥kn ¢TrditL¥5 are recogru5ed initialty al tran$adon price and subsequenty rnea5ured at arnorltsed cost the effecaive interost mothod. Inancial liabilities are ￿e￿l￿n￿l wfn tho ¢harSiable company$ ¢orts¥tswl 0￿￿Ja10n$ wire or aTe di8charg*J or Canc41￿d. 1.11 Taxatlon The charrty is ￿rnPt from eorporaoon tax on ts charitabb 1.12 Empbyge bon•llts The ¢￿t of ￿Y unused holiday entilknonl * rwrlls8d In the pel￿d In wlyth thg 8mploy8os sorvlc•5 aro ro￿l¥ed. Te￿n￿atIon b8nèfit5 are recognis•l irnmediatety as an 8xp8n$8 when the chaDtsL4e company Is demonstrably cKrnmittgJ to tgmiinat• th• emFAoymenl ol an empkJy8è or to provklè18nninatb)n bpneffits. 14-

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Don*tlon¥ and hgaGI Unw••trl¢tod R8stiiet•d fvnds funds genernl Total Unrestrlct•d fund$ g•n¢ral 2021 2022 DDn￿On5 and gift8 3,000 5.920 8,108 Ch•rltable #cthfN S¢hgDI 2022 Total 2022 Sehool 2D21 Sales vlthln chaiitabb acb 25,640 25,EAO 30,785 Invethnts Unrnitrl¢tsd Unr••trl¢t•d fvnd• funds gèneral g•ner41 2022 2021 R&nt21 Inojrne Intsrest recknab 23,727 25,079 617 23,781 25,696 Oth•r Incomo Unrn8trlet•d Unrestrktèd fund• funds g•n•ral 9Bn•rnl 2022 2021 Attupuncture 0th8r income 18,484 8,798 715 18,484 9.513 15-

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charftabl• a¢tivltlos School OutlThJ• C•ntr• advlti Tot41 Se1￿01 2D22 Contr• act￿1119¥ 2021 Tot•1 2021 2022 2021 staff costs Depreciation and Impalrment Insurance SL*0 gxpenses SGho gXP8n5es 38,494 31.147 69,e41 32,014 40,745 72.7S9 627 299 2,612 2,612 2,867 2.867 41,1C6 31,774 73.723 35,180 41,586 78,766 Share of support O)5ts (see nots 71 Share of govemanc8 costs (see note n 5,635 6,1 11.741 6,575 8.369 14,944 3.939 7.575 11,ODOI 11,2731 12,2731 50,3n 41.819 40.755 46,682 89,437 Analy$15 by fvnd Unre5trthJ ftJnds- e￿ra1 Restrict 50,377 41.819 92.1 40.755 48,682 89,437 50.377 41.819 93.039 40,755 48.882 89,437 18-

olov I OWr r(yino ¢D O f*J 10 ¢5 Tr- } Iliillllii i} 11 I

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 NDne ol the tru5te8s lor any porsons o)nngcbJ wilh them) roe8hd any remunerotion or t4nofils from the ¢h#ritable c￿npanY durirvJ the year. Trav8ifin9 8xpéns•s totalhng £Nil (2021 £NID was reknbursed to threg trust￿ during the year. Employ• Number of omWoY￿1 Tlw avewe monlhly n￿ber ol•mpkJyEes durirg Ihe yearwas.. 2022 Numb•r 2021 Numbèr Full timo $tsff woM"ng in the managèmont ol the centre P•rt-timg t8athers 10 10 Employment costs 2022 2021 aThJ salarfes Sc¢181 security costs 87,568 1,539 70,598 1,620 541 69.641 72.759 Thero wew no wnployees V4th03e annual r•muMrai(xi was W,LIJO or rnore. 10 Not g•lnSJllos8￿) on In¥otm• Unr••trlctsd Unmtslct•d fundJ fund other othor rn•rv•• rn¥gIVg¥ 2022 2021 Revaluation oflnvestmenl prwities 244,489 112.509 18-

HARINGEY CHINESE CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

11 Tangible fixed assets

Cost At 1 April 2021 At 31 March 2022 Depreciation and impairment At 1 April 2021 Depreciation charged in the year At 31 March 2022 Carrying amount At 31 March 2022 At 31 March 2021	Land and buildings Plant and equipment £ £ 240,223 97,915 240,223 97,915 - 95,398 - 629 - 96,027 240,223 1,888 240,223 2,516	Total £ 338,138
		338,138
		95,398 629
		96,027
		242,111
		242,739

The asset under the heading of land and buildings is the property at 211 Langham Road which is shown at cost. It has an estimated market value of £521,292.

12 Investment property

Fair value At 1 April 2021 Net gains through fair value adjustments At 31 March 2022	2022 £ 578,266 244,489
	822,755

Investment property comprises two retail units in Langham Parade and Langham Road, London. The fair value of the investment property has been arrived at on the basis of a valuation carried out by Property Price Advice, who are not connected with the charitable company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

If investment properties were stated on an historical cost basis rather than a fair value basis, the amounts would have been £120,713.

13 Debtors

Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income	2022 £ 750 869 1,808 3,427	2021 £ 1,750 12,587 1,808
		16,145

• 19 -

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 MARCH 2022 14 Loan¥ and ovordrnfi 2022 2021 Bank Obfdrofts 1.829 PayaL48 wiLhin one yèar 1,829 15 Cr8dltor¥: arnounts falllnq Thlthln on• y••r 2022 2021 Bank ¢Nrdr•ts Other taxats.on aThY social security Other C￿editorS Axruals and d8fènBd Incom 14 1,829 14,0001 1,432 (591 11,238 5.960 3,789 12,611 -20-

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 AIARCH 2022 17 Unr••trkt•d funds. Other r¢sems The income funds or th8 charty 1fid￿ other reserv85 4vhkh are gains arfsiro frthn fair Wal￿ adlustrnents of th8 investrngnt prDperty"e5 Balan¢•at a￿1 31 h14r¢h 202Z 1 Awl 20Z1 Otsr r￿erVeS 457,553 244,489 TD2,042 18 D••lgn4t•d lund• Tho Income luThYs of th& Ch￿ indudg ts lollowro designatad which have baen sol askle OLrt ol unreslrtttéd by th& trustees for spe￿￿ purposes.. Mov•m•ni in lund Incomkni Balanc•at Msourw 31 IRrrh 2022 Bal•D¢• al 1 Awil 2021 Dllapidations Centre developmgnl lund 35,000 154,736 154,736 189,736 189,736 Th• dllapidation fvivj Is desunatwl fDrthe rnalntenanr tsftr C￿,$ tsvo invBskn8nl propeTbe8. Centre d8¥yMnt fijnd ￿ fvnd de51gnatwJ forthe dtrb￿nt of the c•ntsB. -22-

• ¢0 ty IQ r V•rW r4 r Ir) UJ Iii" I y) 4ry 111115

HARINGEY CHINESE CENTRE NOTES TO THE FINANCIAL STATEMEKfs ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Opemtlng l•as• comrnltrn•nts At the lepo￿ng date Ihe Charita)￿ company outstsTrJirvJ cunmitrnents for fiJtur8 minimum bas8 payments und8r norFcan(eUabk operating IBases. whkh fam due as f￿fv¥.. 2022 2021 Wthin Or￿ year Betr￿en arnl ffve years 2,044 1,192 3.236 3,236 5.280 L•J•or The operating 18asBs represent leaw of ￿tall pr￿￿8$ to third partis8. Th8 ￿ase5 are negotlated over tem)s of 3-5 year¥ arkl ￿￿t￿lS are ft¥&J for thg tBrm ofthe I9￿. Al the r8POrtlng end dats th8 tharitabb rtsnpany h•J contra(awJ with bnants for the follThiThJ rnininum base paym8nt8'. 2022 2021 Imhln on8 year Betsveen and fivo year8 23,000 68.083 23,C¢)O 89,083 89.083 112,083 21 Ev•nt• aft•r th¥ rnporllng dats The tha￿$ advitses c￿￿.nuÉd to ba •Jvetsety inP￿d by lthh the ￿tan9 up of the S(￿al distancang res1n.cb.(¥￿. the tharity expeLts rts thb•s to b• to IB¥eLs by th8 eTrJ tsf 2022. -24-