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||||||Page|
|---|---|---|---|---|---|
|Trustees'|Annual<br>Report ( including|Directors' Report )|||1-10|
|Independent<br>Examiner's<br>Report||||||
|Statement|of Financial Activities (|including|Income and Expenditure|Account )|12|
|Balance Sheet|||||13|
|Notes to|the Financial Statements||||14-24|





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|1.Refe|rence and|rence and|Ad|ministrative<br>Detai|ls|||
|---|---|---|---|---|---|---|---|
|Chanty|Name||||Manchester|Alliance|Church|
|Charity|Registration||Number||1092291|||
|Company||Registration||Number|3120814|||
|Registered||Office|||Manchester|Alkance|Church|
||||||Unit 9, The|Quadrangle||
||||||Hulme Street|||
||||||Manchester|||
||||||M1 5GL|||



|Board Memb|Board Memb|ers<br>( Dire|ctors and Tru|stees)|
|---|---|---|---|---|
|The following||directors|and trustees|held office from 1 January 2020 to the date of this report unless otherwise|
|stated;-|||||
|Chairman||||Rev. Wai Chor Chiu, Minister-in-charge|
|Treasurer||||Ngok Loi Ho|
|Company|Secretary|||Ngok Loi Ho ( from 25 November<br>2020 )|
|Other Board||Members||Yun Liam|
|||||Kiu Fai Tung|
|||||Hiu Tung Angel Wong ( from 14 June 2020 )|
|||||Po Man Tsui ( until 14 June 2020 )|



|Independent|Examiner|Hannah<br>Murray Accountancy|
|---|---|---|
|||61 Falconers Green|
|||Westbrook|
|||Warrington|
|||Cheshire|
|||WA5 7XF|
|Bankers||Barclays Bank Pic|
|||Manchester<br>City Office Branch|
|||51 Mosley Street|
|||Manchester|
|||M60 2AU|
|||The Bank of East Asia Limited|
|||3-5 Charlotte Street|
|||Manchester|
|||M1 4HB|
|||HSBC Bank Pic|
|||100 King Street|
|||Manchester|
|||M60 2HD|





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|(A) General<br>Fun|d||||||
|---|---|---|---|---|---|---|
|Income||2019|2020|Ex enses|2019|2020|
|General<br>Donations||6123,605|F117,583|General<br>Ex enses|E36,003|E28,827|
|Other Incomes<br>(from<br>fellowship,<br>church||E22,785|E5,437|Transfer *|E163,491|E91,672|
|activities, etc.|||||||
|Total Income||F146,390|E123,020|Total<br>Ex enditure|E199,494|F120,499|
|||||Net Income/<br>Ex enditure|(E53,104)|E2,521|





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|(B) Other F|un|d|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Fund Titles||||To Supped||Expenses||
|Mission<br>Fund||||||CACU (Mission)||||E11,613|
|||||||CACU (Admin)||||E13,302|
|||||||Hong Kong Alliance|Mission - missionaries|||E4,100|
|||||||Pastor Luis Sanchez —missionary||||E1,200|
|Charity<br>Fund||||||Tear Fund (UK)||||E130|
|||||||City Hearts (UK)||||E415|
|||||||World Vision (UK)||||E480|
|||||||Barnabus<br>Manchester<br>(UK)||||f415|
|||||||Acts 435 (UK)||||E1,017|
|Personnel|Fund|||||Breakthrough<br>( Hong Kong)<br>Employment<br>expenses for office and pastoral||staff||f939<br>f93,544|
|Property<br>Fund||||||Total venue related|expenses|||E75,892|
|(C) Summary||of property|||maintenance|expenses'|||||
|||||||2019|2020||2021||
|Property<br>Maintenance||||Items|||||||
|||||||Actual Expenses<br>Actual Expenses|||Estimated|Expenses|
|Bank Loan|Repayment|||||E37,956||E38,079||E38,079|
|Water|||||||E2,730|E760||E1,500|
|Electricity|||||||E9,150|E6,243||E8,000|
|Management||Fee|||||f8,214|E13,281||E11,254|
|Waste Collection|||||||E871|E310||E600|
|Maintenance||&|Repair||||E5,590|E5,656||E6,000|
|Insurance|||||||E5,883|E5,563||f5,700|
|Repayment||ofloans to||MAC believers|||EO|E6,000||E18,500|
|Total||||||f70,394||f75,892||E89,633|



|(D) Summary<br>ofPropeny<br>Fund|tnco|mes|:|||||
|---|---|---|---|---|---|---|---|
||||Income Item||Amount|Percentage||
|Donations<br>from MAC beUevers|||||E57,316||51 2|
|Donations<br>from overseas supporters||in|the custody of Hong Kong Alliance|Mission|E11,377||10.2|
|Other -Tax rebate for tax year|2019/20||||E36,074||32.2|
|Other -Bank Interest|||||E13|||
|Other - donation<br>from MAMF|||||E1,740||16|
|Other - donation<br>from CACU (UK)|||||E4,800||4.4|
|Other- donation<br>from religious|organisaUon/fegowshlp||||f460||0.4|
|Total|||||E111,780||I00%|





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|||||||||Charity No.<br>Coman<br>No|1092291<br>3120814|
|---|---|---|---|---|---|---|---|---|---|
|MANCHESTER<br>ALLIANCE|CHURCH|||||||py<br>.||
|ANNUAL ACCOUNTS FOR THE||YEAR ENDED 31 DECEMBER||||2020||||
|STATEMENT OF FINANCIAL ACTIVITIES||||||||||
|includin<br>Income and Ex|enditure||Account|||||||
|||||Unrestricted||funds|Restricted|Total funds|Total funds|
||||||||funds|2020|2019|
|||||General|Designated|||||
|||||Fund||Fund||||
||||Note|f||f||||
|Income and endowments|from:|||||||||
|Donations|||4a|118,836|||135,719|254,555|327,834|
|Charitable<br>activities|||4b|4,184||||4,184|18,259|
|Investments|||4c||||13|13|190|
|Total income||||123,020|||135,732|258,752|346,283|
|Expenditure<br>on:||||||||||
|Charitable<br>aci/vities|||5|28,827||105,515|106,578|240,920|279,255|
|Total expenditure||||28,827||105,515|106,578|240,920|279,255|
|Net income/(expenditure)|for the year|||94,193||(105,515)|29,154|17,832|67,028|
|Transfers<br>between<br>funds||||(91,672)||91,672||||
|Net movement<br>in funds||||2,521||(13,843)|29,154|17,832|67,028|
|Reconcil/ation<br>of funds:||||||||||
|Fund Balances b/f at 1 January||2020||57,271||24,738|1,210,104|1,292,113|1,225,085|
|Fund Balances c/f at 31 December|||2020|59,792||10,895|1,239,258|1,309,945|1,292,113|





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|AS AT 31 DECEM|BE|R 2020||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total funds|Total funds|
||||Note|funds<br>f|funds<br>f|2020<br>f|2019<br>6|
|Fixed assets||||||||
|Tangible assets|||10|5,516|1,692,044|1,697,560|1,707,255|
|Concessionary<br>loan|||||5,332|5,332|6,000|
|Current assets||||||||
|Stock|||12|278||278|278|
|Debtors|||13|3,199|41,839|45,038|43,904|
|Cash at bank and|in hand|||63,876|62,724|126,600|85,952|
|||||67,353|104,563|171,916|130,134|
|Creditors: amounts||falling due within one year|14|(2,182)|(51,895)|(54 077)|(56451)|
|Net current assets||||65,171|52,668|117,839|73,683|
|Total assets less|current liabilities|||70,687|1,750,044|1,820,731|1,786,938|
|Creditors: amounts||falling due after one year|15||(510,786)|(510,786)|(494,825)|
|Total net assets||||70,687|1,239,258|1,309,945|1,292,113|
|Funds ofthe Charity<br>Unrestricted<br>funds||||70,687||70,687|82,009|
|Restricted funds|||||1,239,258|1,239,258|1,210,104|
|Total funds|||16|70,687|1,239,258|1,309,945|1,292,113|





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|4. Income and end|owments<br>from||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|funds|Restricted|Total|Unrestricted||funds|Restricted|Total|
|||||||funds|funds 2020||||funds|funds 2019|
|||||General<br>Designated||||General|Designated||||
|||||Fund<br>6|Fund<br>6|||Fund<br>f||Funrl<br>f|||
|a. Donations<br>General<br>Fund (local donations<br>)<br>General<br>Fund (overseas<br>donations<br>Mission<br>Fund<br>Personnel<br>Fund<br>Property<br>Fund (local donations<br>)<br>Property<br>Fund (overseas<br>donations<br>Charity<br>Fund<br>Bursary Fund<br>Gift Aid<br>Fellowships<br>Offerings<br>Children<br>Sunday School<br>Other|||)<br>)|115,572<br>2,011<br>596<br>21<br>636||1257<br>16987<br>64,317<br>11,720<br>3,608<br>37,830|115,572<br>2,011<br>1,257<br>16,987<br>64,317<br>11,720<br>3,608<br>37,830<br>596<br>21<br>636|123,605<br>3,619<br>235<br>672|||3419<br>10033<br>91,687<br>57,373<br>4,302<br>165<br>32,724|123,605<br>3,419<br>10,033<br>91,687<br>57,373<br>4,302<br>165<br>32,724<br>3,619<br>235<br>672|
|||||118,836||135,719|254,555|128,131|||199,703|327,834|
|b. Charitable<br>activities<br>Chinese Language<br>School<br>Summer<br>Camps<br>and Projects<br>Welcome Camp and Programs||||4,184<br>4,184|||4,184<br>4,184|8,337<br>6,455<br>3,467<br>18,259||||8,337<br>6,455<br>3467<br>18,259|
|c.Investments<br>Bank interest||||||13|13||||190|190|
|Total income||||123,020||135,732|258,752|146,390|||199,893|346,283|





## 

|6.Expenditure<br>on charitable<br>acti|vities|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|funds|Restricted|Total funds|Unrestricted|funds|Restricted|Total funds|
||Note|||funds|2020|||ftinds|2019|
|||General<br>Designated||||General<br>Designated||||
|||Fund|Fuiid|||Fuiid|Fund|||
|||5|5|||5|L|||
|Direct Charitable<br>Expenditure<br>Donagon-<br>Mission Fund<br>Mission outreach<br>Donation<br>- Chanly<br>Fund<br>Theological<br>student grant<br>Theological<br>student<br>placement<br>Chiklren<br>Sunday School<br>Chinese Language School<br>Fellowships<br>Congregeffonal<br>costs<br>Summer camp and prolect<br>Welcome camp and programme||2,376<br>77<br>2,603<br>5,056|28,958<br>28,958|1,257<br>3,396<br>4,853|30,215<br>3,396<br>2,376<br>77<br>2,603<br>38,667|703<br>2,373<br>357<br>9,082<br>8,327<br>5,150<br>25,972|7,754<br>1,270<br>722<br>9,746|3,419<br>3,641<br>9,024<br>1,400<br>17,484|11,173<br>1,270<br>3,641<br>9,024<br>1,400<br>703<br>2,373<br>357<br>9,784<br>8,327<br>5,150<br>53,202|
|Support<br>and governance costs<br>Staff costs<br>Mintsters<br>working expenses<br>Staff working expenses<br>Printing<br>and stsffonery<br>Office equipment<br>and repair<br>Telephone<br>and internet charges<br>Church cleaning<br>Sundry expenses<br>Professional fees<br>Accountancy<br>fees<br>Sank charges<br>Depreciation<br>Premises maintenance<br>and repair||9,633<br>1,540<br>1,001<br>331<br>5,129<br>1,569<br>1,110<br>862<br>420<br>481<br>1,695|78,557|16,987<br>2,870<br>42,632<br>5,856|103,177<br>1,540<br>1,001<br>331<br>5,129<br>1,569<br>1,110<br>862<br>2,670<br>420<br>481<br>44,227<br>5,656|2,428<br>679<br>446<br>749<br>2,017<br>486<br>1,287<br>1,939|82,607<br>281<br>1,265<br>5,178|10,033<br>38,046<br>5,590|92,840<br>2,709<br>1,265<br>679<br>446<br>749<br>5,176<br>2,017<br>34,500<br>486<br>1,287<br>39,985<br>5,590|
|Church centre uffgties<br>- building<br>service charge<br>- electndty<br>-water<br>-waste collection charge<br>Bank loan Interest<br>Insurance<br>Exchange loss||23,771|76,557|13,281<br>6,243<br>760<br>310<br>7,721<br>5,583<br>202<br>101,925|13,281<br>6,243<br>780<br>310<br>7,721<br>5563<br>202<br>202,253|10,031|89,329|8,214<br>9,150<br>2,730<br>871<br>10,497<br>5,883<br>1,179<br>128,693|8,214<br>9,150<br>2,730<br>871<br>10,497<br>5,883<br>1,179<br>226,053|
|Total expenditure<br>on charitable|activities|28,827|105,515|106,578|240,920|36,003|99,075|144,177|279,255|





## 

|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||6||
|Donations|to Chinese||Alliance Churches||Union (UK) (see note 8.3)|24,915|8,773|
|Donations|to missionanes|||||5,300|2,400|
|||||||30,215|11,173|
|7.Staff costs||||||||
|||||||2020|2019|
|||||||6|6|
|Salaries and wages<br>Social security costs||||||81,603<br>6,754|82,024<br>5,713|
|Pension|costs (defined||contribution|scheme)||5,187|4,903|
|Other employee||benefits||||9,633||
|||||||103,177|92,640|



|The avera|ge<br>number<br>of employees<br>calculated<br>|on the basis of full-time<br>equivalents|du|ring<br>the|y|
|---|---|---|---|---|---|
|||2020||2019||
|Charitable|activities||2||2|
|Office Administration|||2||2|
||||4||4|



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||||2020|2019||
|---|---|---|---|---|---|
||||6|6||
|Salaries|||35,038|33,981 (reimbursed|CACU (UK) )|
|Social security costs<br>Pension<br>contribution|||4,385<br>2,692|2,971 (reimbursed<br>2444 (reimbursed|CACU (UK) )<br>CACU (UK) )|
|Other benefits - visa application||fees|9,633|—(paid directly|by Church)|
||||51,748|39,396||





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## 

|Expenses were incurred<br>by Rev Wai Chor Chiu durin<br>charity objectives.|g<br>the year as detailed<br>below and these were|wholly<br>in|
|---|---|---|
||2020f|2019<br>5|
|Mileage allowance<br>Car parking space<br>Mobile phone<br>bills<br>Book allowance|1,260<br>0|1,030<br>1,260<br>49<br>36|



## 

|During the|year, the Church has u|ndertake|n<br>the following<br>transactions|with CACU (UK)-||
|---|---|---|---|---|---|
|||||2020|2019|
|||||5||
|Contribution<br>Donations<br>Donations<br>Donations|to CACU (UK) for the Church<br>to CACU (UK) General<br>Fund<br>to CACU (UK) Mission Fund<br>received<br>from CACU (UK) for||personnel<br> office hire|93,544<br>13,302<br>11,613<br>4,950|92,640<br>8,773<br>1,950|
|9.Analysis|ofgovernance<br>costs|||2020|2019|
|||||5||
|Independent<br>examiner's<br>fee<br>- Examination<br>ofthe financial statements||||420|486|





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## 

|10. Tangible Fixed Assets|Computer<br>&|Long<br>Leasehold|2020|2019|
|---|---|---|---|---|
||Equipment<br>f|Building<br>f|Total<br>8|Total<br>8|
|Cost|||||
|Balance as at 1 January 2020<br>Additions|55,555<br>1,395|2,099,640<br>33,137|2,155,195<br>34,532|1,945,199<br>209,996|
|Disposals|||||
|Balance as at 31 December 2020|56,950|2,132,777|2,189,727|2,155,195|
|~De recia ion|||||
|Balance as at 1 January 2020<br>Charge for the year|49,739<br>1,695|398,201<br>42,532|447,940<br>44,227|407,955<br>39,985|
|Disposals|||||
|Balance as at 31 December 2020|51,434|440,733|492,167|447,940|
|Net BookValue|||||
|As at 31 December 2020|5,516|1,692,044|1,697,560|1,707,255|
|As at 31 December 2019|5,816|1,701,439|1,707,255|1,537,244|



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|14Creditors: Amounts|falling|due within|one yea|r|||
|---|---|---|---|---|---|---|
|.|||||2020|2019|
||||||F|f|
|Secured bank loan (see note 15)<br>Unsecured<br>loans from individuals<br>Accruals||(see note|15)||32,877<br>18,500<br>2,700|32,696<br>21,000<br>2,755|
||||||54,077|56,451|
|15.Creditors: Amounts|falling|due after|more than|one year|2020f|2019<br>f|
|Secured bank loan|||||391,786|422,325|
|Unsecured<br>loans from individuals|||||69,000|72,500|
|Unsecured<br>loans from Manchester||Alliance|Mandarin|Fellowship|50,000||
||||||510786|494 825|



|The secured<br>bank loan is repayable<br>by 155 monthly<br>ins<br>repayments:|talments<br>as follows<br>and are currently<br>ba|sed<br>on equa|
|---|---|---|
||2020|2019|
||f|f|
|In one year or less<br>Between one and two years<br>Between two and five years<br>After five years|32,877<br>32,877<br>98,631<br>260,278|32,696<br>32,696<br>98,088<br>291,541|
||424,663|455,021|



|secue<br><br>  <br><br>The year end balances ofthese loans amounted<br>to f87,5|00 are repayable<br>as follows:||
|---|---|---|
||2020f|2019|
|In one year or less<br>Between one and two years<br>Between two and five years|18,500<br>46,000<br>23,000|21,000<br>18,500<br>54,000|
||87,500|93,500|





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||||Balance|Balance||||Balance||
|---|---|---|---|---|---|---|---|---|---|
||||1 January<br>f|2020|Income<br>6|Expenditure<br>6|Transfers<br>6|31 December <br>6|2020|
|Unrestricted<br>Funds||||||||||
|General<br>Fund||||57,271|123,020|(28,827)|(91,672)|59,792||
|Designated<br>Funds||||||||||
|Personnel<br>Fund||||6,121||(76,557)|75,115||4,679|
|Mission<br>Fund||||18,617||(28,958)|16,557||6,216|
|||||24,738||(105,515)|91,672||10,895|
|Total Unrestricted||Funds||82,009|123,020|(134,342)|||70,687|
|Restricted<br>Funds||||||||||
|Personnel<br>Fund|||||16,987|(16,987)||||
|Mission Fund|||||1,257|(1,257)||||
|Property<br>Fund|||1,194,820||113,880|(84,938)||1,223,762||
|Charity<br>Fund||||9,284|3,608|(3,396)|||9,496|
|Bursary Fund||||6,000|||||6,000|
|Total Restricted|Funds||1,210,104||135,732|(106,578)||1,239,258||
|Total Funds|||1,292,113||258,752|(240,920)||1,309,945||
||||Balance|||||Balance||
||||I January <br>6|2019|Income<br>6|Expenditure<br>6|Transfers<br>6|31 December <br>6|2019|
|Unrestricted<br>Funds||||||||||
|General<br>Fund||||110,375|146,390|(36,003)|(163,491)|57,271||
|Designated<br>Funds||||||||||
|Personnel<br>Fund||||11,451||(90,051)|84,721||6,121|
|Mission Fund||||15,280||(9,024)|12,361||18,617|
|||||26,731||(99,075)|97,082||24,738|
|Total Unrestricted||Funds||137,106|146,390|(135,078)|(66,409)||82,009|
|Restricted Funds||||||||||
|Personnel<br>Fund|||||10,033|(I0,033)||||
|Mission Fund|||||3,419|(3,419)||||
|Properly<br>Fund|||1,069,506||181,974|(116,660)|60,000|1,194,820||
|Chanty<br>Fund||||8,623|4,302|(3,641)|||9,284|
|Bursary Fund||||9,850|165|(I0,424)|6,409||6,000|
|Total Restricted|Funds||1,087,979||199,893|(144,177)|66,409|1,210,104||
|Total Funds|||1,225,085||346,283|(279,255)||1,292,113||





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|17. Analysis<br>of net assets between<br>funds||||||
|---|---|---|---|---|---|
|||||Restricted|Total funds|
||Unrestricted||funds|funds|2020|
||General|Designated||||
||Fund<br>6||Fundf|||
|Fixed Assets|5,516|||1,692,044|1,697,560|
|Non-Current<br>Assets||||5,332|5,332|
|Current Assets|55,129||12,224|104,563|171,916|
|Current<br>I iabilities|(853)||(1,329)|(51,895)|(54,077)|
|Long Term Liabilities||||(510,786)|(510,786)|
|Net Assets as at 31 December 2020|59,792||10,895|1,239,258|1,309,945|
|||||Restricted|Total funds|
||Unrestricted||funds|funds|2019|
||General|Designated||||
||Fund||Fund|||
||6||6|||
|Fixed Assets|5,816|||1,701,439|1,707,255|
|Non-Current<br>Assets||||6,000|6,000|
|Current Assets|52,900||25,086|52,148|130,134|
|Current<br>Liabilities|(1,445)||(348)|(54,658)|(56,451)|
|Long Term Liabilities||||(494,825)|(494,825)|
|Net Assets as at 31 December 2019|57,271||24,738|1,210,104|1,292,113|