| Principal address | Principal address | 207A Junction | Road, | |
|---|---|---|---|---|
| London | ||||
| N19 5QA | ||||
| Trustees | ||||
| Mr. Yanzi Shi | Chairman | |||
| Mrs. Peixin Guan | ||||
| Mr. Milan Kapetan |
||||
| Mr Akindele Akinsiku |
||||
| Bankers | Nat West Bank | pic | ||
| Wood Green | ||||
| 14The Broadway | ||||
| London | ||||
| N22 6DS | ||||
| Independent | Accountant | Peter Gordon | ||
| Accountant | ||||
| 251 Lewisham | Way | |||
| London SE4 1XF |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Total | |
| s | 8 | ||||
| Income | |||||
| Donations and legacies | 5,957 | 5,957 | 7,335 | ||
| Investment income |
|||||
| Other income | 125,531 | 125,531 | 116,391 | ||
| Total Income | 13'I,488 | 131,488 | 123,726 | ||
| Expenditure | |||||
| Cost of Raising Funds | 10,985 | 10,985 | 13,597 | ||
| Charitable activities |
131,916 | 131.916 | 87,156 | ||
| Total Expenditure | 142,901 | 142,901 | 100,753 | ||
| Operating Surplus/(Deficit) |
(11,413) | (11,413) | 22,973 | ||
| Net gains on investments | |||||
| Net income/(Expenditure) | (11,413) | (11,413) | 22,973 | ||
| Net Movement | |||||
| Reconciliation of Funds |
|||||
| Total funds brought forward |
11,12 | 22,306 | 1,875 | 24,181 | 1,208 |
| Total funds carried forward | 13 | 10,893 | 1,875 | 12,768 | 24,181 |
| Notes | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| fixed assets | ||||||||
| Tangible fixed assets | 7 | 14,362 | 17,974 | |||||
| Investments | ||||||||
| 14,362 | ||||||||
| Current assets | ||||||||
| Stock | 8 | 3,582 | 3,582 | |||||
| Debtors | 9 | |||||||
| Cash at bank 8, in hand | 10,566 | 10,566 | ||||||
| 14,148 | 14,148 | |||||||
| Creditors —Amounts | falling due after one year | 10 | (15,742) | (15,741) | ||||
| Net current Assets | (1,594) | |||||||
| Total assets less current | liabilities | 12,768 | ||||||
| Funds | ||||||||
| Restricted | 1,875 | |||||||
| Unrestricted | 12 | 10,893 | ||||||
| 12,768 |
| 2 | Donations | R | legacies | legacies | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |||||
| Total | Total | |||||||
| S | S | S | ||||||
| Donations | 5,957 | 5,957 | 7,335 | |||||
| Legacies | ||||||||
| 5,957 | 5,957 | 7,335 | ||||||
| 3 | Other Income | |||||||
| Unrestricted | Restricted | 2022 | 2021 | |||||
| Total | Total | |||||||
| S | S | S | ||||||
| Membership | 117,029 | 117,029 | 55,599 | |||||
| Goods | Sales | 8,502 | 8,502 | 31,273 | ||||
| Government | Grants | 25,840 | ||||||
| Others | 3,679 | |||||||
| 125,531 | 125,531 | 116,391 | ||||||
| 4 | Costs ofraising | funds | ||||||
| Unrestricted | Restricted | 2022 | 2021 | |||||
| Total | Total | |||||||
| S | ||||||||
| Fundraising | Trading Costs | 10,985 | 10,985 | 13,597 | ||||
| 10,985 | 10,985 | 13,597 |
| 5 | Charitable | activities | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | ||||
| Totol | Total | ||||||
| 8 | 8 | S | |||||
| Employee Costs |
30,759 | 30,759 | 35,260 | ||||
| Motor & | Travel | 1,820 | 1,820 | 367 | |||
| Premises | 32,090 | 32,090 | 22,349 | ||||
| General | Admin | 40,931 | 40,931 | 18,363 | |||
| Legal & | Professional | 21,602 | 21.602 | 6,324 | |||
| Depreciation | 4,714 | 4,714 | 4,493 | ||||
| 131,916 | 131,916 | 87,156 | |||||
| 6 | Staff costs | ||||||
| 2022 | 2021 | ||||||
| S | |||||||
| Salaries | 30,228 | 35,170 | |||||
| Social security costs | 531 | 90 | |||||
| 30,759 | 35.260 | ||||||
| No employee was paid at a rate of860,000or above. |
|||||||
| 7 | Fixed assets | ||||||
| Furniture | and | ||||||
| equipment | Total | ||||||
| Cost orvoluation | S | 8 | |||||
| At 1 January 2022 |
17,974 | 17.974 | |||||
| Additions | 5,595 | 5,595 | |||||
| At 31 December 2022 | 23,569 | 23,569 | |||||
| Depreciation | |||||||
| At 1 January 2022 |
4,493 | 4,493 | |||||
| Charge | for the year | 4,714 | 4,714 | ||||
| At 31 December 2022 | 9,207 | 9,207 | |||||
| Net book value | |||||||
| At 31 December 2022 | 14,362 | 14,362 | |||||
| At 31 December 2021 | 17.974 | 17,974 | |||||
| 8 | Stock | ||||||
| 2022 | 2021 | ||||||
| Total | Total | ||||||
| 8 | 8 | ||||||
| Finished | Goods | 3.582 | 4.422 | ||||
| 3,582 | 4.422 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| S | |||||||||
| Prepayments | BrAccrued income | ||||||||
| Other debtors | |||||||||
| 10 | Creditors | ||||||||
| 2022 | 2021 | ||||||||
| S | |||||||||
| Other Creditors(Bank | Loan) | 15,741 | 17,515 | ||||||
| Accrued expenses | |||||||||
| 15,741 | 17,515 | ||||||||
| 11 | Restricted funds | ||||||||
| 2022 | 2021 | ||||||||
| S | |||||||||
| Funds at I January | 1,875 | 1,875 | |||||||
| Income | |||||||||
| Expenditure | |||||||||
| Loss on investment | |||||||||
| Transfers between | funds | ||||||||
| Balance as at | 31 December | 1,875 | 1,875 | ||||||
| 12 | Unrestricted funds |
||||||||
| 2022 | 2021 | ||||||||
| Funds at I January | 22,306 | (667) | |||||||
| Income | 131,488 | 123,726 | |||||||
| Expenditure | (142,901) | (100.753) | |||||||
| Gain/(Loss) on investments | |||||||||
| Transfer between | funds | ||||||||
| Funds at 31 December | 10,893 | 22,306 | |||||||
| 13 | Allocation of net assets | between | funds | ||||||
| Restricted | Unrestricted | 2022 | 2021 | ||||||
| Total | Total | ||||||||
| R | S | ||||||||
| Tangible fixed | assets | 14,362 | 14,362 | 17,497 | |||||
| Investments | |||||||||
| Net current assets | 1,875 | (3A69) | 1,594 | 6,207 | |||||
| Total funds at | 31 December | 1,875 | 10.893 | 12,768 | 24,181 |
| 2022 | 2021 |
|---|---|
| 5 | 5 |
| Operating leases |
|---|
| Expires within 2-5years |