2021-03-31-accounts - Indo-China Refugee Group Chinese Community School

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		INDO-CHINA REFUGEE GROUP	INDO-CHINA REFUGEE GROUP	INDO-CHINA REFUGEE GROUP
		CHINESE COMMUNITY SCHOOL
			Com an Information
Centre Manager and		Head Teacher	Van Cuong Truong MBE
Trainee Centre Manager and
Nursery	Operations	Manager	Wei Fenby
Company	Number		2701526(England and	Wales)
Charity Number			1064620
Address			33Clyde Street
			Deptford
			London SE85LW
Bankers			Barclays Bank Plc
			Rotherhithe Surrey Docks Branch,		Ploughway
			London SE162LW
			Santander UK Plc
			Bridle Road, Bootle
			Merseyside L304GB
			Bank ofTaiwan
			Level 5,City Tower, 40Basinghall		Street
			London EC2V 5DE
			First Commercial Bank
			29Wilson Street
			London EC2M 2SJ
			Lloyds Bank Plc
			PO Box545,Faryners House, Monument			Street
			London EC3R8BQ
Accountants			Paige-McLean dt Co.
			Accountants
			11 Strangford Place, Broomfield,
			Herne Bay, Kent CT6	7UJ
Auditors			Levicks
			Chartered Accountants	and Business Advisers
			61 London Road, Maidstone
			Kent ME16 8TX

		Unrestricted	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
		~Ntes	2021 f	2021 f	2021f	2020f
INCOME FROM:
Donations and le cie
Building Maintenance		Fund
Community Centre			130		130	1,671
Day Nursery Centre				116,489	116,489	121,524
Elderly People Service		Project		30,198	30,198
Chinese Community	School			2,824	2,824	5,439
Youth Association
			~t	149511	~14 641	~12 634
Investments			12	11064	11076	35208
bh
Building Maintenance		Fund		60	60
Community Centre			6,850		6,850	5,098
Day Nursery Centre				265,885	265,885	379,018
Elderly People Service		Project		19,449	19,449	23,837
Chinese Community Youth Association	School			9,310 245	9,310 245	29,945 ~11
			6850	294949	301799	439399
TOTAL INCOME			6992	455 524	4~62 51	603241
EXPENDITURE ON
Charitable activities			17,044	272,302	289,346	331,577
Other			6 198	20320	2 518	57551
TOTAL EXPENDITURE			23 242	292 622	315864	389 128
NET INCOME/(EXPENDITURE)			(16,250)	162,902	146,652	214,113
Loss on Investments —realised						145 2
NET MOVEMENT IN	FUNDS BEFORETRANSFERS		(16,250)	162,902	146,652	199,521
TRANSFERS			76,006	(76,006)
TOTAL FUNDS BROUGHT FORWARD			64854	4047015	4 111819	~91234
TOTAL FUNDS CARRIED FORWARD

BALANCE SHEET AS AT 31ST	BALANCE SHEET AS AT 31ST	MARCH	2021
			Unrestricted		Restricted	Total	Funds
			Funds		Funds	2021	2020
		Note	f.
FIXED ASSETS
Tangible			3,200		1,517,604	1,520,804	1,524,922
Investments
			3200		15176D4	1520804	1524922
CURRENT ASSETS
Debtors		7	15,868		28,622	44,490	480,054
Cash at Bank and in Hand		8	109716		2648373	2758089	2205077
			125,584		2,676,995	2,802,579	2,685,131
LESS:CURRENT LIABILITIES
Liabilities: Amounts falling
due within	one year	9	4	174	60688	64862	98 184
NET CURRENT ASSETS			121410		2616307	2737717	2586947
NET ASSETS
Represented by:
ACCUMULATED FUNDS
Unrestricted Funds:
Community Centre		14	124,610			124,610	68,744
Restricted Funds:		14
Building Maintenance	Fund				1,700,052	1,700,052	1,708,036
Day Nursery Centre					1,031,056	1,031,056	883,504
Elderly People Service Project					1,147,773	1,147,773	1,211,041
Chinese Community	School				224,687	224,687	210,495
Youth Association					30043	3DD43	30049
			~24	I	4~1911	422382n	4~508

TATEMENT F ASH FLOWS	TATEMENT F ASH FLOWS
FORTHE YEAR ENDED 31sr MARCH		2021
					2021	2020
Net cash provided by (used in) operating		activities			553 012	~378769
Cash flows from investing activities:
Interest from investments						18,485
Purchase ofproperty, plant and equipment						(2,724)
Redemption ofinvestments						389 149
Net cash provided by (used in) investing activities						404910
Cash flows from financing activities
Change in cash and cash equivalents	in the		reporting	period	553,012	226,141
Cash and cash equivalents at the beginning			ofthe
reporting period					2205077	1 978936
Cash and cash equivalents at the end	ofthe		reporting	period	g~~	~~12
NOTES TO THE STATEMENT OF	CASH FLOWS
Reconciliation ofnet income/ ex enditure			to net cash flow		from o eratin	activities
					2021	2020
					E
Net income /(expenditure) for the reporting			period		146,652	199,521
(as per the statement offinancial activities)
Adjustments for:
Depreciation charges					4,118	4,118
(Gains)/losses on investments						14,592
Interest from investments						(18,485)
(Increase)/decrease in debtors					435,564	(410,270)
Increase(decrease) in creditors					~33322	31755
Net cash (used in) provided by operating		activities
Anal sis ofcash and cash e uivalents
					2021	2020
						E
Cash at bank and in hand					MK952	~KHZ
			13

Fixed assets and de reciation	Fixed assets and de reciation
Depreciation is provided to	write offthe cost less the estimated		residual value oftangible fixed
assets by equal instalments	over their estimated	useful economic	lives as follows:
Motor Vehicles		4years
Computer and Office	Equipment	3years
Fixtures and Fittings		5 years

Creditors and accruals represent sums irrevocably committed f sheet date that were not settled as at that date.	or payment pr	ior to the
2.NET INCOME	2021	2020
	f,
Net income is stated after charging:
Depreciation oftangible fixed assets	4,118	4,118
Auditors remuneration including VAT (for audit services)	3480	3420

				Oe IA 00 00	Oe IA 00 00	Oe IA 00 00	OC C4	'IO CI	'IO CI	I	vl IA	00 8IA P.~8„C It 00 ce	00 8IA P.~8„C It 00 ce	00 8IA P.~8„C It 00 ce	00 8IA P.~8„C It 00 ce	ce			XQ 0 IA	XQ 0 IA		O 00 I 'IC	VIOO vl W	VIOO vl W
					I	I	IA					I	I	I	IA							O	IA	VI		ce
															00											Ca
																										ce
		C0
		Ie			I	I	I		Oc	I	I	I	I	I		IA						O 00	O 00	I	'	O 'CI
															ca	ce
		00 A				I	ae Oe 00		0	I		I	I	I	IA	IA ce VI				Oc I		OOIAO OO CAD IA IA Ce 'lC				VI 0
		Cl					Ca								CI					IA
		CA
		Cl	g		I	o CI			'0 IA	'	'	OOCIvl'Io ceo o c ceoIA				IA 0			IA 0	00 D		OO O O Ul ICI		I	D VI DI	cO IA aci 00
									00 ca	I	IA 00 00			I	I	Oc			Ce O IA aci	IA 00 I c		O Ce O IA eC„C„0
	CO CI
	CO
O0												I	I		OO	IA						O 00	O 00	I	I
																C
		'~'R g co%0,
5	A
O
	F' XO			al g 'al 0 p'C	8 Q oA 00 0 O ccc co 0	el AV co C O c 3 IO ye		0 0 g	Ia b Ia 0 IO 0 aa	cl 0, 0 0 0, a\ 0 00 A 6 g 0 o h~+		5A Aal4 OI 0' Q 84@4" 8 p 0 QZI 0 o 0 09 0 IXI O IXC @ 0 ccc 0g 0 0 o 0 oaO asaa				N0 Yl i	ao Ie COC	CI A A V	I 8 0 ia o g cn	IC 0, A 0	C p el N I O A '0 0 ec.' al 0 o C.- g 5 ps 08 ODD CC A ec,'					ai I '000 leal W

						CC IA Cl		CC IA				CC IA
												00
												IA
						Q IA CC	I	Q IA CO	8			Q
				a0
				ol					Q		a
									CV		QQ
												C
						'D		VO			C"
												CC
												CO
			ca	a a	CC ca	VIQ CC		VlQ CC			aI IA	C C
	EVQ						I	00 C7 I00	Q IAaI CC		00Q IA 00	'Cl IA Q„
OO	V		00 C	8 $				Q Ch IA		Q C	CC IAa	IA«I„ Q CII
	CA4
O	g								'lC
		a0							K
		M
								e
								~a		e
										cea
0								P.		a Ol
								OlL		I4L
0	OO					'a ~c g e cl a a	& w a e a a a	Va Ol 4 a a I C		Ca4a Laa a ea	a 00 Ia CO '6a	I Ol a i 4a
						z3E				z

INDO-CHINA RE UGEE GROUP CHINESE COMMUNITY SCHOOL	INDO-CHINA RE UGEE GROUP CHINESE COMMUNITY SCHOOL	INDO-CHINA RE UGEE GROUP CHINESE COMMUNITY SCHOOL	INDO-CHINA RE UGEE GROUP CHINESE COMMUNITY SCHOOL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31STMARCH 2021
5.TANGIBLE FIXEDASSETS	~Buildin	Office	Mini
	~pro'ect	E~36 4 1	Buses	Total
COST		E	f.		f.
Balance at I"April 2020	1,515,454	124,666	39,440	1,679,560
Additions
Disposals Balance at 31"March 2021	1515454	124666	39440	1679560
DEPRECIATION
Balance at 1"April 2020		115,199	39,439	154,638
Charge for the year		4,118		4,118
On Disposals Balance at 31"March 2021		119317	39439	158756
NET BOOKVALUE Balance at 31"March 2021	~4534	~4
Balance at 31"March 2020	1 515454	9467	1	1 524 922
6.INVESTMENTS		2021	2020
		f.
Market Value brought forward			403,741
Realised/Unrealised (Loss)			(14,592)
Redemption in year Market Value at 31"March 2020			~389 149
On Sa December 2016, the trustees	purchased f389,149of4.75%2020 Treasury Stock				f
f450,000,which was redeemed at par on 25'"March By I"April 2019, f46,259 had been written offthe		2020, realising a loss off60,851. carrying value as unrealised losses,			le
the remaining f14,592to be written	offlast year.
7.DEBTORS AND PREPAYMENTS		2021	2020
		f.	g
Pupils Fees			181
Accrued Interest on Deposits		6,118	16,285
Prepayments		6,169	6,109
Owed between Projects		32,203	68,330
Investment Redemption			389 149
		44,490	480,054

Deptford, off203,098,as a building maintenanc	e f	und.
9.LIABILITIES:AMOUNTS FALLING		2021	2020
DUE WITHIN ONE YEAR
Monies Received in Advance		17,260	21,720
Acciuals		15,399	8,134
Owed between Projects		32203 ~42	68330
10.FINANCIAL INSTRUMENTS
The carrying amount for each category offinancial		instrument	is as follows:
		2021	2020
Financial assets			g
Financial assets measured at fair value through	the
statement offinancial activities

par value off384,1	49on that date, crysta	llising the losses since	acquisitio
II.STAFFCOSTS		2021	2020
Salaries and benefits		230,733	264,561
Employer's national	insurance	11,854	14,337
Pension costs		3,540	3,656
Pension software		936	936
Tfailllllg		891	400

TOTAL NUMBER	OF PUPILS REGIST	ERED	IN CLASSES:48
Lower Nursery: 13	Upper Nursery: 7		First Year: 9	Second Year:4
Third Year: 8	Fourth Year: 5		Fifth Year: 2
LISTOF TEACHIN	6 STAFF Startin	from	Se tember 2020
NAME	POSITION HELD		NAME	POSITION HELD
Mr Van Cuong Truong MBE	Headmaster; Teacher Year 3	of	Ms Yan Tung Ng	Teacher of Lower Nursery
	Head of Library/Academic
Mrs T.Lan Huynh	section; Teacher ofYear 1		Ms Yu Ping Tan	Teacher ofUpper Nursery
	&2 (merged)
	Head of Pupils' Disciplinary
Mr Wei Fenby	section; Teacher ofYear4
	&5(merged)

ursery o	n the	1rd	ofJun	e 2021.The	e 2021.The	ta	ble below shows	ble below shows	the atte	ndants	for eac	h room	:
Baby Room	April,	May, 2020	June	July, August, Sept2020			October, November December 2020		January, March	February 2021		Total
	A	S	H		5	H	A		A	S H	A	6	H
Full Time	30	1	2		1	5	200		175	0 1	549	8	16
Part Time	47.5	2	25	292.5	3	42	319.5		256.5	1 13	916	12	88
Total	77.5	3	27	436.5	4	47	5195 12	16	431.5	1 14	1465	20	104

Toddler Room	April,	May, June 2020	May, June 2020	July, August, Sept 2020		October, November December 2020	October, November December 2020	January, February March 2021	January, February March 2021		Total
				A S		S	H	A S	H
Full Time			10	48 1	20	185.5 4	14	141 3	1	382.5	9	45
Part Time	86.5		52	564 12	91	327 12	8	317 3	15	1294.5	29	166
Total	94.5			612 13		512.5 16	22	458 6	16	1677	38	211
Recepbon Room	April, May, 2020		June	July, August, Sept 2020		October, November December 2020		January, February March 2021			Total
	A	6	H	A 8	H	A S			H	A	8	H
Full Time	27	0	27	402 3	43	260 8	12	382	16	1071	20	98
Part Time	78	2	78	432 27	193	430.5 12	23	451	41	1391.5	45	335
Total	105	2	105	834 30	236	690.5 20	35	833 13	57	2462.5	65	433

Date	Training Courses	Training Courses				Numbers ofStaff
07/09/2020	1.	Food Hygiene(online)				15
04/10/2020	2.	Safeguarding	Children		Level 2(online)	13
30/10/2020	3.	Pediatric First	Aid	ractical		13

Environment		Excellent	Good
Cleanliness		80%	20%
Safe		90%	1P
Comfortable		90%	1P
Welcomin		95%
Decorations	that can	80%	20%
Stimulate children

Service	Excellent	Good
Friendliness	90%	lp
Hel fulness	90%	1P
Res onsible	95%
Professional	95%

Meals: This refer	to the nursery	menu p	rovided for the	children
Meal	Excellent	Good	Satisfactory	Poor	Comments
Nutrition	95%
Varie	90%	IP
Meets the needs	95%
Portion	95%

		1"Quarter	2~ Quarter	3'4 Quarter	4e	Quarter
		April 2020-	July 2020-	October 2020-	January 2021—		Total
		June 2020	Se tember 2020	December 2020	March 2021
Number of Attendance		closed	closed	57		67		124
Due to the national		Covid lockdown	and the closure ofschools nationwide,			the After-School		Club
only operated	during	the following	periods in this financial year:

ervice
	Excellent	Good	Satisfacto	Poor
Friendliness	100%
Hei fulness	1PP
Res onsibili	1PP%
Professionalism	100%

Snack
	Excellent	Good	Satisfacto	Poor
Nutrition	75%	25%
Varie	75%	25%
Portion	100%

The	table	below shows the usage ofthe Day Centre services in the	repo	r	t year:	t year:	t year:
		Annual Contractual Member Day Centre Activities			Total visits
		April - June zozo closed 179				f79
		July —September zozo zs 547				575
	October - December zozo 6o 701					761
		January - March zozt closed 415				415
		' d
		i
Da	Centre Activities
Throughout		this financial year, even during the periods oflockdown and Day Centre's				closure,	the managers
and	ex-staff	still continued to provide the following services to our elderly clients:
i P~lhith gh h « ' h d p ii			i	Ph		~	p,	-iff,
who has		been transferred to direct payment with our clients, still continued			providing		personal	care
	Finance supported by London borough of Lewisham Registered Under The Charities Act 1993No: 1064620 Chairperson: Yok Wah Tai Vice Chair: Moi Song Ho G.Secretary: Hanh Nong Treasurer: Limited Company Registered No. 2701526				Say	Phu Sam

art below shows the sur	ve result in mor	e detail.
A enda	Result (Number	ofRes ondents:	)
Attitude ofstaff	Good: too%	Avera e:nil	Poor:nil
Luncheon club	Good: too%	Avera e:nil	Poor: nil
Da centre H 'ene	Good:too%	Avera e:nil	Poor:nil
Emer en rocedure	Good:too%	Avera e:nil	Poor:nil
Mini bus service	Good:too%	Avera e:nil	Poor:nil
Event/ a /activities	Good: too%	Avera e:nil	Poor:nil
Com laints Procedure	Good:too%	Avera e:nil	Poor:nil