2023-07-31-accounts - Portsmouth Chinese Christian Church

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Achieve	men	ts	and Per	formance
				SORP reference
					~	Adult and Children Sunday School-
						weekly meetings for diiferent age
						groups after the main service to
Summary ofthe main achievements ofthe charity,				Para 1.20		deepen their understanding of God's Word and purpose for their
identifying	the difference the					lives
charity's work		has made to			~	Student Ministry —regular meetings
the circumstances			of its			and alternate cell group evenings
beneficiaries		and	any wider			Continued support ofthe Herald
benefits to society as a						Christian newspaper (in Chinese)
whole.						via distribution and visits to local
						Chinese businesses and families	in
						Portsmouth and surrounding areas
					~	Use ofWesley Centre for informal
						sports and games activities for
						children and young people in the
						local community on Saturdays and
						half term breaks
					~	Help and support for new immigrant
						families as many continue to arrive
						in Portsmouth

Other

Financ	ial Review	ial Review	ial Review
Review financial	ofthe charity*s position at the end			Para 1.21	The charity is not in deficit
ofthe	eriod
Statement explaining		the		Para 1.22	Reserves are used to:
policy for holding reserves stating why they are held					~	Maintain the day to day running of the ground and first floor ofthe
						Wesley	Centre
					~	Provide	financial	support to other
						Christian	organisations		for the work
						ofpreaching the		gospel ofChrist
					~	Prepare	financial	support to the
						possible	employment		ofa full or pari
						time church astor/worker
Amount	ofreserves	held		Para 1.22
Reasons for holding		zero		Para 1.22	N/A
reserves
Details	offund materially		in	Para 1.24	N/A
deficit
Explanation ofany				Para C23	N/A
uncertainties about the
charity continuing as a going
concern

The charity's principal
sources offunds (including	Para 1.47
any fundraising)
investment policy and objectives including any	Para 1.46
social investment policy
adopted
A description ofthe principal	Para 1.46
risks facing the charity
Other

Description ofcharity's
trusts:
Type ofgoverning document iiii!sl (Iia-il iJv.ii;i *„5k	Para 1.25	Church	Constitution
How is the charity constituted?	Para 1.25	Bytrust
I..' ri i i iIi ' iCr 5 iiii i i;
Trustee selection methods including details ofany constitutional provisions e.g. election to post or name of	Para 1.25	Trustees are elected or reappointed AGM for a term of2years		at the
any person or body entitled
to appoint one or more
trustees

Policies and procedures adopted for the induction	Policies and procedures adopted for the induction	Para 1.51
and training	oftrustees
The charity's structure and	organisational any wider	Para 1.51
network with	which the
charity works
Relationship	with any related	Para 1.51
parties
Other

ame	s ofthe	charity trus	tees who manage	the charity
	Trustee	name	Office (ifany)	Dates acted ifnot for whole ear	Name toa	ofperson (or body) entitled oint trustee ifan
	Alex Pun
	Emily Cheung		Treasurer
	Mei Leng Pong
	Julie Wong		Secretary
	Hon Kwong		Chairman
	Cheung
	Nathan	Yu-Kwong
	Kan
7	Yuen Ting Lee
8
9
10
11
12
13
14
15
16
17
18
19
20

					'
Pmtsmouth	Chinese		Chri		Church
Income 8 E	enditures				ants
ForTh Ye	rE	ed31lui			2023
Cha ' Co	mimion		R	istered Num er 1088197
										2023		2022
Income:											f	6
OFFERINGS					Offerings		Received		54,122.20		44,930.90
					Gift Aids		TaxClaimed		20,886.64
										75,008.84		44,930.90
OTHER INCOME					Bank Interest Received				1,348.57		49.31
					Others			4	35.00		110.00
										1,383.57		159.31
					Received		For Other Christians
TOTAL INCOME										76,392.41		45,090.21
Laser Expenditures
OFFERINGS					Visiting	Preachers			8,597.98		7,711.99
					Other Christian &Churches			5	3,300.00		4,000.00
										11,897.98		11,711.99
PREMISES COSTS					Water				1,024.00		1,538.22
					Heat &	Ught			3,715.42		2,761.0D
					Business		Insurance		552A4		496.27
										5,291.86		4,795.49
REPAIRS										5,962.42		3,726.52
GENERAL ADMINISTRATION					Telephone				456.98		481.87
					Cleaning				244.14		67.11
					Postage
					Printing	&Stationery					125.13
					Sundry			7	916.52		657.59
										1,978.04		1,331.70
GOSPEL 84INISTRY					Gospel Camp/Outing			8	1,341.56		641.00
					Gospel	Ministry Expenses			78.20		32.71
										1,419.76		673.71
REFRESHMENT &FELLOWSHIP MEALS										511.78		106.88
SUNDAY SCHOOL MATERIAL										35.75		13980
OTHER FINANCE		CHARGES			Bank charges					127.39		74.69
TOTAL EKPENDITURES										27,224.98		22,560.18
NET PROHT	/ fDEFICIT7									49,167.43		22,530.03