| Pages | |
|---|---|
| Annual Repoft ofthemanagement committee | l-4 |
| Income and expenditure account -Overall | 5 |
| Income and expenditure account-The Association | 6 |
| Income and expenditure account-School | 7 |
| Incomeandexpenditure account-Elderly People's Club | I |
| Balance Sheet-Overall | 9 |
| Balance Sheet-The Association | 10 |
| Balance Sheet-School | 11 |
| Balance Sheet-Elderly People's Club | L2 |
| NotestoFinancialStatements | 13-18 |
| IndependentExaminer'sReport | 19 |
| Officersonthe | management committee |
|---|---|
| Chairman | Raymond Wong |
| ViceChairs | AmeliaLeunu, Clive Wong |
| Convenor | KuenSia |
| Treasurer | Clive Wong |
| Secretary | AmeliaLeunq |
| Overall Statement ofFinancialActiviti FortheYearEnded31March2O23 |
es | ||||
|---|---|---|---|---|---|
| UrrrdrictedEndorilment tunds tunds |
2023 | 2022 | |||
| Notes E | f. | E | E | ||
| Incomersouro€ | |||||
| Incomeresouresfromgeneratingfunds | |||||
| -Activitiesforgeneratingfunds | |||||
| Grosstakingsfromevents | 3 | 85663_ | |||
| Advertisement receipts | |||||
| Donations received | 3,026 | 3,026- | 959 | ||
| SundryInsurance claims | |||||
| - Investment income:bankinterest | 85 | 85 | z | ||
| Incomingresourcesfromcharltable resources | |||||
| -Subscription & fees | 310 | 310 | 60 | ||
| -Rental income -Grants Totalincoming resources |
36,719 _ 5,830 5,8305548 3,42L42,54945,97AilL073 36,779 18,961 |
||||
| Resourceoqended | +8 | ||||
| Cost ofgeneratingfunds | |||||
| -Fundraising costs | |||||
| Paymentsforevents | 19,259 | t9,259 | |||
| Otherprojecb&events | 5 | 5 | |||
| Telephone, advertising&promotions | 918 | 918 | 483 | ||
| Sundry expenses | t,726 | 1,726 | 2,307 | ||
| -Investmentcosts:bankcharges | 10 | 10 | |||
| Charitable activities(schooloperations) | |||||
| Premisesexpenses | 3,495 | 3,495 | 2098 | ||
| Repains&renewals | 8,452 | 8Asz | |||
| MemberseMces&travelling | 3,245 | 3,Us | 700 | ||
| Printing,postage& stationery | 197 | 797 | 140 | ||
| Donations,book&prizes | 2,500 | 2,500 | |||
| Wages & zubscriptions | L2,869 | 12,869 | 13,770 | ||
| Insurance | 4,572 | 4,572 | 3,032 | ||
| Depreciation | 8,939 | 8,939 | 8,878 | ||
| Legal&professionals | 7,7\4 | 7,714 | 2028 | ||
| Governance costs | |||||
| Totalresources expended | |||||
| Netmovemertinfunds | (39,022) | 17,091 | (21,931) | 62637 | |
| Totalfundsbrought forward | L97,358 | 118,333 | 315,691 | 218,192 | |
| Transfers | 15 | 1 | |||
| Total funds carriedforward |
| Statement ofFinancialActivities-TheAssociation FortheYearEnded31 ttlarch2023 |
Statement ofFinancialActivities-TheAssociation FortheYearEnded31 ttlarch2023 |
Statement ofFinancialActivities-TheAssociation FortheYearEnded31 ttlarch2023 |
||
|---|---|---|---|---|
| UnrcrtricfiedEndonrment funds tuilds |
2023 | 2022 | ||
| Notes | f | E | t | E |
| IncomeresouroEs | ||||
| Incomeresourcesfromgenerating funds | ||||
| -Activitiesforgeneratingfunds | ||||
| Grosstakingsfromevents | 85663 | |||
| Advertisement receipts | ||||
| Donations received | 1,450 | 1,450 | 820 | |
| SundryInsurancedaims | ||||
| - Investment income:bankinterest | 15 | 15 | ||
| Incomlngresourcesfomcharitable resources | ||||
| -Subscription&fees | 310 | 310 | ||
| -Rental income -Grants Totalincoming resources |
34,939 5,930 L,775 40,769 |
34,939 5,830 42,544 |
18,961 '548 ilq?92 |
|
| Resourcqsexpended | ||||
| Costofgeneratingfunds | ||||
| -Fundraising costs | ||||
| PaymenEforevents | 10,491 | 10,491 | ||
| Otherprojects&events | ||||
| Telephone, advertising& promotions | 918 | 918 | 483 | |
| Sundry expenses | 1,653 | 1,653 | 2,235 | |
| -Investment costs:bank charges | 10 | 10 | ||
| Charitableactivitis(school operations) | ||||
| Premisesexpenses | 3,466 | 3,466 | 2046 | |
| Repairs&renewals | 9,452 | 8,452 | ||
| Member services&travelling | 2,395 | 2,395 | 700 | |
| Printing,postage&s,tationery | 180 | 180 | 140 | |
| Donationgbook&prizes | 2,500 | 2,500 | ||
| Wages&subscriptions | 12,869 | L2,869 | 13,770 | |
| Insurance | 4,572 | 4,572 | 3,032 | |
| Depreiation | 8,508 | 8,508 | 8,566 | |
| legal&professionals | 1,714 | t,714 | 2028 | |
| Governance costs | ||||
| Totalresources expended | 32,730 24,998 | 57,728 | 43,000 | |
| l{etmwementinfunds | (30,955) | L5,77t | (15,184) | 62992 |
| Totalfundsbroughtfonrrard | 168,565 | t52,026 | 320,591 | 223,513 |
| Transfers | 113 | |||
| Total funds carriedforward |
| StatementofFinancialActivities-OCAChinseSchool FortheYearEnded31Marcfi2023 |
StatementofFinancialActivities-OCAChinseSchool FortheYearEnded31Marcfi2023 |
||||
|---|---|---|---|---|---|
| Unesfi{rted funds |
Endosment funds |
2423 | 2022 | ||
| Notes | f | C | f, | E | |
| Incomenegourrces | |||||
| Incomeresourcesftomgeneratingfunds | |||||
| -Activltiesforgeneratingfunds | |||||
| Grosstakingsfromevents | |||||
| Advertisement receipts | |||||
| Donations received | |||||
| Sundry income | |||||
| - Investment income:bankinterest | |||||
| Incomingresourcesfromcharitable resources | |||||
| -Subscription&fees | 60 | ||||
| -Rental income&grants | |||||
| - Otherprojec8&events | |||||
| Totalincoming resources | 60 | ||||
| Resources expended | |||||
| Costofgeneratingfunds | |||||
| -Fundraising costs | |||||
| Paymentsfore\renB | |||||
| Otherprojects& events | 5 | 5 | |||
| Telephone, advertising&prornotions | |||||
| Sundry expenses | |||||
| -Investmentcost:bank charges | |||||
| Charitableadivities(school operations) | |||||
| Premisesexpenses | |||||
| Repairs&renewals | |||||
| Member services&travelling | |||||
| Printing,postage &stationery | |||||
| Donations,book&prize | |||||
| Wages & subscriptions | |||||
| Insurance | |||||
| Depreciation | |||||
| Legal&professionals | |||||
| Governance costs | |||||
| Totalresources expended | 5 | 5 | |||
| I{etmovementinfunds Totalfundsbrought forward |
5 4,546 |
0- 5 (14,148)(9,602) |
(6a) (9,655) |
||
| Transfers | 53 | 113 | |||
| Total funds carriedforward |
| StatementofFinancialActivities - Eld FortheYearEnded31March2023 |
erlyPeople's Club | erlyPeople's Club | erlyPeople's Club | ||
|---|---|---|---|---|---|
| lrnrcstrictedEDdowmsnt tunds funds |
2023 | 2022 | |||
| Notes E | E | E | g | ||
| Incomergounces | |||||
| Incomeresouresfromgeneratingfunds | |||||
| -ActivitiesforgeneraUngfunds | |||||
| Grosstakingsfromevents | |||||
| Advertisement receipts | |||||
| Donations receiyed | L,576 | 1,576 | 139 | ||
| Sundry income | |||||
| -Investment income:bankinterest | 7A | 70 | 2 | ||
| Incomingresourcesfromcharl,tableresources | |||||
| -Subscription&fees -Rental income&grants |
1,780 | 1,780 |
|||
| -Otherprojecb& events | |||||
| Totalincoming resources | t,646 | 1,780 | 3,426 |
141 | |
| Resourcesexpended | |||||
| Costofgeneratingfunds | |||||
| -Fundraising costs | |||||
| Paymentsforevents | 8,768 | 8,768 | |||
| Otherprojects&evenb | |||||
| Telephone, advertising&promotions | |||||
| Sundry expenses | 73 | 73 | 72 | ||
| - Investmentcosts:bankcharges | |||||
| Charitableactivities(school operations) | |||||
| Premissexpenses | 29 | 29 | 52 | ||
| Repairs&renewals | |||||
| MemberseMces & travelling | 850 | 850 | |||
| Printing,postage &stationery | 17 | 17 | |||
| Donations, books&prizes | |||||
| Wages&subscriptions | |||||
| Insurance | |||||
| Depreiation | 431 | 431 | 312 | ||
| Legal&professionals | |||||
| Governance costs | |||||
| Totalresources expended | 9,708 | 460 | 10,168 | 436 | |
| l{etmovementinfunds | (8,062) | 1,320 | (6,742) | (2e5) | |
| Totalfundsbrought forward | 24,247 | (19,545) | 4,702 | 4,334 | |
| Transfers | |||||
| Totalfunds carriedforward |
| OverallBalance Sheet FortheYearEnded31March2023 |
|||||
|---|---|---|---|---|---|
| Unr*r:ctedEndorryment tunds tunds |
2023 | 2022 | |||
| Fixdassets | I{otes A | E | e. | E | |
| Tangiblefixedassets | 9 | 127,514 | L27,5L4 | 131,876 | |
| Investments | 9110 | ||||
| Total fixedassets | |||||
| Currentassets | |||||
| Debtors | 11 | 114 | L14- | z3% | |
| Cashatbankandin hand | 90,498 | 90,498 | 82,Q15_ | ||
| Total currentassets | 90,612 | 90,612 | 74,649 | ||
| Crcditors: | |||||
| Amountsfallingduewithinoneyear | t2 | ||||
| Totalassetslesscurrentliabilities | 3 | ||||
| Creditorcr | |||||
| amountsfallingdueafteroneyear Net assets |
81,545 232,89t | 0 314,436 |
0 306,504 |
||
| Fundsofthecharity | 13 | ||||
| Fund balancebrought forward | 197,358 | 118,333 | 315,691 | 21&192 | |
| Incomingresources | 3,421 | 42,549 | 45,974 | 111,073 | |
| Outgoing resources Tran#ers/consolidation adjustments |
15 | (42,443) (76,791) (25,458) (67,901) 76,791_ 81,545Zt7,2t5293,7@ |
(43,436) 285,829 |
||
| Grant reserves-equipment | |||||
| Fund balancecarridforward |
| Balance Sheet -TheAssociation FortheYearEnded31March2023 |
|||||
|---|---|---|---|---|---|
| UnrcotridedEndowrncnt firnds tunds |
2023 | 2022 | |||
| I{otes | E. | E | E | e | |
| Fixed assets | |||||
| Tangiblefixdassets | 9 | 125,058 | 125,058 | fiq096 | |
| Investments | 9/10 | ||||
| Total flxedassets | |||||
| Currentassets | |||||
| Debtors | 11 | L5,943 | L5,943 | &434 | |
| Cashatbankand inhand Totalcurrentassets |
68,029 83,972 |
68,029 83,972 |
sz1e6 60,630 |
||
| Crcditors: | |||||
| Amountsfallingduewithinoneyear | t2 | ||||
| Totalassetslesscunentliabilities | |||||
| Creditorc: | |||||
| amounb fallingdueafteroneyear Net assets |
74,972230,435 | 305,407 | 291,505 | ||
| Fundsofthecharity | 13 | ||||
| Fund balancebrought forward | 168,565 | 152,026 | 320,591 | 222513 | |
| Incomingresources | 1,775 | 40,769 | 42,544 | ilq992 | |
| Outgoing resources | (32,730) | (24,998) | (57,728) | (43,000) | |
| Transfers/consolidation adjustments | 15 | (62,638) 62,639 74872230,435 |
305,407 | 291,505 | |
| Grant reserves- equipment Fund balance camiedfonYard |
74,9722i130,435 | 305,407 | ?211505 |
| Balance Sheet-OCAChinese School FortheYearEnded31March 2023 |
||||||
|---|---|---|---|---|---|---|
| UnrcstrictedEndowment ftrnds tunds |
2A23 | 2022 | ||||
| Notes E | E | € | E | |||
| FixedasseE | ||||||
| Tangiblefixedassets | 9 | |||||
| Investments | 9110 | |||||
| Total fixedassets | ||||||
| Currentassets | ||||||
| Debtors | 11 | |||||
| Cashatbankand inhand | ||||||
| Totalcurrentassets | ||||||
| Creditors: | ||||||
| Amountsfallingduewithinone year | L2 | |||||
| Totalassetslesscurrentliabilities | ||||||
| Creditons: | ||||||
| amountsfalling due afteroneyear | 1, | |||||
| Netassets | ||||||
| Fundsofthecharity Fund balancebrought forward |
L3 | 4,546(14,148) | (9,602) | (9,655) | ||
| Incomingresources | 60 | |||||
| Outgoing resources | (s) | 0 | (s) | |||
| Transfers/consolidation adjustments | 15 | t,795 6,335 |
(15,943) {1,795) |
(9,507) | 291,505 ? |
|
| Grant reserves- equipment Fund balancecarriedfonvard |
6,336(15,943)(9,607)(9715) |
FortheYear Ended 31lrlarch2O23 |
|||||
|---|---|---|---|---|---|
| UnrestrictedErdowmeDt funds lirnds |
2023 | 2022 | |||
| Note.s E | E | e | E | ||
| Fixedasseb | |||||
| Tangiblefixedassets | 9 | 2,456 | 2,456 | 1,780 |
|
| Investments Total fixedassets |
9/10 | 2,456 | 2,456 | 1,784 |
|
| Cufrentassets | |||||
| Debtors | 11 | tt4 | Lt4 | 114 | |
| Cashatbankandin hand Totalcurrentassets |
16,186 16,300 |
- |
L6,L862i,621 L6,3O023,735 |
||
| Creditors: | |||||
| Amountsfallingduewithinoneyear | L2 | 1 | 800 | ||
| TotalasseElesscunentliabilities | |||||
| Crcditorc: | |||||
| amountsfallingdueafteroneyear Netassets |
16,180 | 2,456 | 18,63624,715 | ||
| Fundsofthecharfry | 13 | ||||
| Fund balancebrought forward | 24,247 | (19,545) | 4,702 | +334 | |
| Incomingresources | L,645 | 1,780 | 3,426 | 141 | |
| Outgoing resources | (9,708) | (460) | (10,168) | (4s6) | |
| Transfers/consolidation adjustments Grant reserues-equipment Fund balancecarried fonYard |
15 | 16,180(18,220)- 20,676 L6,L8A 2,455 (s) 5 |
2,040 +039 20,6762q676 18,636,2+715 |
| Note | 3 | These are Analysis Note 3: |
valued atthelower of costormar*et valu ofincomingnsiources |
e. | |
|---|---|---|---|---|---|
| 2023 G,E |
2022 | ||||
| Grosstakingsfromevents | |||||
| Annual dinner&New Yearcelebrations | |||||
| Mid-autumn festival | |||||
| Total takingsfromevenB | |||||
| Note | 4 | Analysis | ofresources expended | ||
| Note 4: | |||||
| 2023 | 2022 | ||||
| E | g | ||||
| Payments | forevents | ||||
| Annual dinner&New Yearcelebrations | 19,259 | ||||
| Mid-auhrmn festival | |||||
| Totalpaymentsforevents | 19,259 |
| (a)Fixed assets: | |||
|---|---|---|---|
| Fixtule, | |||
| Freehold | fittings & | ||
| Propefi | equipment | Total | |
| E | E | E | |
| Balancebrought forward | 249,04L | 50,485 | 299,526 |
| Additions Balancecariedforward |
L,247 249,04L5L,732 |
300,773 t,247 |
|
| (b)Freeholdinvestment: | |||
| Freehold | |||
| Investment | Total | ||
| f | € | ||
| Balancebrought forward | L66,52L | 166,521 | |
| Additions | |||
| Balancecarried forward | L66,52L | L66,521 |
| Accumulated depreciation and impai | rmentprovisio | ns | |||
|---|---|---|---|---|---|
| Fixtures, | |||||
| Freehold | fiEings& | ||||
| Property | equipment | Total | |||
| E | C | E | |||
| (a)Fixed assets: | |||||
| Basis | Straight-line | ReducingBal | |||
| Rate | 50years | L5o/o |
|||
| Balancebrought forward | L20,L22 | 47,528 | L67,650 | ||
| Depreciation chargeforyear | 4,98L | 628 | 5,609 | ||
| Balancecarried forward | 125,103 | 48,156 | t73,259 |
| b)Freeholdinvestment: | |||
|---|---|---|---|
| Basis | Straight-line | ||
| Rate | 50years | Total | |
| E | E | ||
| Balancebrought forward | 57,8L4 | 57,8L4 | |
| Depreciation chargefor year | 3J30 | 3,330 | |
| Balance carriedforward | 6L,L4 | 6L,L44 |
| (a)Fixed assets: | |||
|---|---|---|---|
| Fixtures, | |||
| Freehold | fittings & | ||
| Property | equipment | Total | |
| e | E | e. | |
| Total netbookvalue brought forward Total netbookvalue carried forward |
L73,748 123,938 1,579 |
t13f,48 127,574 |
| (b)Freeholdinvestment: | ||
|---|---|---|
| Freehold | ||
| Investment | Total | |
| E | E | |
| Total netbookvalue brought forward | L08,747 | 148,707 |
| Total netbookvalue carried forward | L05,377 | L05,377 |
| Analysis | of creditors: amounts falling due withinoneyear | ||
|---|---|---|---|
| 2023 | 2022 | ||
| E | E | ||
| Accruals Total |
anddeferredincome | 9,057 9,467 |
8,728 8,728 |