2021-12-31-accounts - Manchester Alliance Church

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							Page
Trustees' Annual Report ( including			Directors'		Report )		1-19
Independent Examiner's	Report						20
Statement of Financial	Activities	(	including	Income and Expenditure		Account )	21
Balance Sheet							22
Notes to the Financial Statements							23-33

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

Chairman			Rev Wai Chor Chiu, Mimster-in-charge	Rev Wai Chor Chiu, Mimster-in-charge
Treasurer			Paul Ngok Loi Ho (until AGM 2021)
			Yin Man Andy Chan (from AGM 2021)
Company	Secretary		Paul Ngok Loi Ho (resigned	23rd May 2021)
			Doris B.K. Liem (from 1 October 2021)
Other Board		Members	Bernard Lam (from AGM 2021)
			Kiu Fai Tung
			Hiu Tung Angel Wong
			Doris B.K. Liem (from AGM	2021)
Independent		Examiner	Hannah Murray Accountancy
			61 Falconers Green
			Westbrook
			Warrington
			Cheshire
			WA4 1AZ
Bankers			Barclays Bank Ptc
			Manchester 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

	Month	Month
*Avg.				12
Attendance
Cantonese			552	550
En lish			54	48
Total by	month		606	598
Visitors/
Newcomers		by	25	30
month

				Fund Titles	Fund Titles	Fund Titles					To Support	To Support		Expenses	Expenses
Mission Fund							CACU (Mission)								f20,879
							CACU (Admin)								f12,361
							Hong Kong	Alliance			Mission	—missionanes			E1,200
							Pastor Luis	Sanchez			—missionary				E1,200
							30days of	prayer	for		The Muslim World				f133
							HK Frontiers								f132
Charity Fund							The Message Trust								f617
							Compassion UK								f623
							Tear Fund								E894
							Home For Good								6871
							Samaritan	Purse							f995
							Welcome Churches								f846
Personnel		Fund					Employment	expenses for office and pastoral					staff		E108,427
Property	Fund						Total venue	related		expenses					E93,173
(C) Summary			of	property		maintenance	expenses:
							2020					2021		2022
Property	Maintenance				Items
							Actual	Expenses				Actual Expenses		Estimated	Expenses
Bank Loan		Repayment							E38,079				E38,079		E38,079
Water											E760				f1,500
Electnmty										E6,243			E8,208		f8,500
Management			Fee						E13,281				E14,755		f13,432
Waste Collection											f310		E88		E600
Maintenance			& Repair							f5,656			E7,076		f7,500
Insurance										E5,563			f3,667		f4,000
Repayment		ofloans to MAC believers								E6,000			621,000		f32,500
Total									f75,892				E93,173		f106,111

				Income			Percentage
Donagons from	MAC believers					E39,942	56 8%
Donations from	overseas supporters		in	the custody of Hong Kong Alliance	Mission	E6,801	97%
Other -Tax rebate for tax year		2020/21				f23,545	335%
Other - Bank interest						fp	0.0%
Other - donation	from MAMF						0 0%
Other - donation	from CACO (UK)					Ep	PP%
Other- donation	from religious	organisatlon/fellowship				fp	0.0%
Total						E70,288

Trustees
Chairperson			Rev Wsi Chor Clou
Treasurer			Paill Ngok Loi Ho (uiitil	AGM 2021)
			Ym Man Andy Chan (from AGM 2021)
Othor Members			Yun Licm (until AGM 2021)
			Doris B.K.I,iem (from AGM 2021)
			Beniard Y C Lam (from	AGM 2021)
			Kiu Fai Tung
			Angel H.T.Wong
Company	Secretary		Pmil Ngok Loi Ho (unlil	23rd May 2021)
			Doris BK Liem (from I October 2021)
Non-voting		members:	Pastor Chris S.M. Lnu,
			Helen Y.Y.Choiv
			Karen K W Fong
			Adonis C.H. Lau (front ACiM 2021)
			Kasin l,aiv (from AGM 2021)
			Pastor Winson C P Chnn	(from August 2021)
			Rev K.C. Yeung (from August 2021)
			Rev Pandora P Li (from	September 2021)
			Pastor Ka Yau Cho (from	Dccembcr 2021)
lite Church		Staff'
Minister-in-charge:			Rev Wai Chor Chni
Pastoral Statf:			Pastor Chris S.M. Lau
			Pastor Winson C.P.Chan	(front August 2021)
			Rev KC.Yeung (ffom August 2021)
			Rev Pandora P. Li (from	September 2021)
			Pastor Ka Yau Cho (from	December 2021)
Church Administraton			Wing Chung Lam (from October 2021)
			Mei Fung Lam (part-time)
Business Secretary.			Winnie Leung (part-tmie,	resigned October 2021)

Includin Income	and E	x endit	ure Acco	unt
					Unrestricted		funds	Restricted	Total funds	Total funds
								funds	2021	2020
					General	Designated
					Fund		Fund
				Note			8
Income and endowments		from:
Donations				4a	195,453		24,570	76,769	296,792	254,555
Charitable activities				45	11,285				11,285	4,184
Investments				4c						13
Total income					206,738		24,570	76,769	308,077	258,752
Expenditure on:
Charitable activities				5	43,635		144,762	87,840	276,237	240,920
Total expenditure					43,635		144,762	87,840	276,237	240,920
Net income/(expenditure)		for the year			163,103		(120,192)	(11,071)	31,840	17,832
Transfers between	funds				(116,319)		116,319
Net movement in funds					46,784		(3,873)	(11,071)	31,840	17,832
Reconciliation offunds:
Fund Balances b/f	at 1 January		2021		59,792		10,895	1,239,258	1,309,945	1,292,113
Fund Balances c/f	at 31	Decemeber 2021			106,576		7,022	1,228,187	1,341,785	1,309,945

					Unrestricted	Restricted	Total funds	Total funds
				Note	funds	funds	2021	2020
					6		f
Fixed assets
Tangible assets				10	5,605	1,649,388	1,654,993	1,697,560
Concesslonary	loan					6,000	6,000	5,332
Current assets
Stock				12	278		278	278
Debtors				13	1,039	46,971	48,010	45,038
Cash at bank and		in hand			109,139	39,765	148,904	126,600
					110,456	86,736	197,192	171,916
Creditors: amounts			falling due within one year	14	(2,463)	(80,818)	(83,281)	(54,077)
Net current assets					107,993	5,918	113,911	117,839
Total assets less		current gabgltles			113,598	1,661,306	1,774,904	1,820,731
Creditors: amounts			faglng due after one year	15		(433,119)	(433,119)	(510,786)
Total net assets					113,598	1,228,187	1,341,785	1,309,945
Funds of the Charity
Unrestricted funds					113,598		113,598	70,687
Restncted funds						1,228,187	1,228,187	1,239,258
Total funds				16	71,530	1,228,187	1,341,785	1,309,945

4. Income	and endow	ments	fro	m
										Total							Total
						Unrestricted		funds	Restricted	funds	Unrestricted		funds		Restricted		funds
									funds	2021					funds		2020
						General	Designated				General	Designated
						Fund		Fulid 8			Fundf		Fund 6
a. Donations
General	Fund ( local donations			)		191,346				191,346	115,572						115,572
General	Fund ( oversees		donations		)						2,011						2,011
Mission	Fund							1,545		1,545					1,257		1,257
Personnel Fund								23,025		23,025					16,987		16,987
Property	Fund ( local donations			)					38,202	38,202					64,317		64,317
Property	Fund (overseas		donations		)				6,801	6,801					11,720		11,720
Charity	Fund								5,391	5,391					3,608		3,608
Bursary	Fund																0
Gift Aid									26,375	26,375					37,830		37,830
Fellowships Offerings						4,107				4,107	596						596
Chgdren	Sunday School										21						21
Other											636						636
						195453		24,570	76,769	296,792	118,836			0	135	719	254,555
b. Charitable activities
Chinese	Language	School				7,330				7,330	4,184						4,184
Summer	Camps and Pro)eels					3,955				3,955							0
Welcome Camp and Programs																	0
						11,285				11,285	4,184						4,184
c.Investments
Bank interest									0	0						13	13
Totalincome						206,738		24,570	76,769	308,077	123,020			0	135,732		258,752

						Unrestricted	Unrestricted	funds	Restricted	Total funds	Unrestricted	funds	Restricted	Totalfunds
					Note				funds	2021			funds	2020
						General	Designated				General Designated
						Fund		Fund			Fund	Fund
						5		5			f.	5
Direct Charitable		Expenditure
Donation - Mission		Fund						35,906		35,906		28,958	1,257	30,215
Mission oulreach
Donation - Charity		Fund							4,846	4,846			3,396	3,396
Theological student		grani
Theological student		placement
Children Sunday	School					501				501
Chinese Language		School				793				793	2,376			2,376
Fellowships						6,166				6,166	77			77
Congregational costs						10,154				10,154	2,603			2,603
Summer camp and		project				3,608				3,608
Welcome camp and programme						200				200
						21,422		35,906	4,846	62,174	5,056	28,958	4,653	38,667
Support and governance				costs
Staff coals						4,500		108,856		113,356	9,633	76,557	16,987	103,177
Ministers working	expenses					3,487				3,487	1,540			1,540
Staff working expenses										0	1,001			1,001
Printing and stationery						479				479	331			331
Office equipment	and repair					1,959				1,959	5,129			5,129
Telephone and internet			charges			4,736				4,736	1,569			1,569
Church cleaning						2,054				2,054	1,110			1,110
Sundry expenses						934				934	862			862
Professional fees						1,165				1,165			2,670	2,670
Accountancy fees						460				460	420			420
Bank charges						892			0	892	481			481
Depreciation						1,547			42,656	44,203	1,695		42,532	44,227
Premisies maintenance			snd	repair					7,076	7,076			5,656	5,656
Church centre utilities
- buildmg sennce	charge								14,755	14,755			13,281	13,281
- electridty									8,207	8,207			6,243	6,243
-watei									300	300			760	760
- waste collection		charge							87	87			310	310
Bank loan interest									6,522	6,522			7,721	7,721
Insurance									3,666	3,666			5,563	5,563
Exchange loss (gain)									-275	-275			202	202
						22,212		108,856	82,994	214,063	23,771	76,557	101,925	202,253
Total expenditure		on charitable			activities	43,635		144,762	87,840	276,238	28,827	105,515	106,578	240,920

								2021	2020
									6
Donations	to Chinese Alliance Churches				Union		(UK) (see note 8.3)	33,240	24,915
Donations	to missionaries							2,400	5,300
Donation	to 30	days of prayer for The Muslim				World		133
Donation	to HK Frontiers							133
								35,906	30,215
7.Staff costs
								2021	2020
								f	6
Salaries and wages								96,912	81,603
Social security		costs						5,950	6,754
Pension costs (defined			contribution	scheme)				5,994	5,187
Other employee		benefits						4,500	9633
								113,356	103,177

Charitable activities
Office Administration

				2021	2020
					8
Salaries				36,334	35,038 (reimbursed	CACU (UK) )
Social security		costs		3,205	3,056 (reimbursed	CACU (UK) )
Pension	contribution			2,726	2 692 (reimbursed	CACU (UK) )
Other benefits		- visa application	fees		9632.8 (paid directly	by Church)
				42,265	50,419

	2021	2020
	6	F
Mileage allowance	1,087
Car parking space	1,260	1,260
Mobile phone bills
Book allowance	15.99
	2 363	1 260

The Church	is a permanent member ofChinese	is a permanent member ofChinese	is a permanent member ofChinese	is a permanent member ofChinese	Churches	Union (UK) as	set out in the Articles of
Association.		During the year, the Church		has undertaken	the following	transactions	with CACU (UK):—
						2021	2020
						E	8
Contribution		to CACU (UK) for the	Church	personnel		104,645	93,544
Donations	to	CACU (UK) General	Fund			12,361	13,302
Donations	to	CACU (UK) Mission	Fund			20,879	11,613
Donations	received from CACU (UK) for office hire					4,800	4,950
9.Analysis	of governance costs
						2021	2020
						8	E
Indepenent	examiner's fee
- Examination		ofthe financial statements				460	420


10. Tangible	Fixed Ass	ets		Long
			Computer &	Leasehold	2021	2020
			Equipment 6	Building 6	Tots I 6	Total f
~Dos
Balance as at	1 January	2021	56,950	2,132,777	2,189,727	2,155,195
Additions			1,636	0	1,636	34,532
Disposals
Balance as at	31 December 2021		58,586	2,132,777	2,191,363	2,189,727
~De recia ion
Balance as at	1 January	2021	51,434	440,733	492,167	447,940
Charge for the	year		1,547	42,656	44,203	44,227
Disposals
Balance as at	31 December 2021		52,981	483,389	536,370	492,167
As at 31 December 2021			5,605	1,649,388	1,654,993	1,697,560
As at 31 December 2020			5,516	1,692,044	1,697,560	1,707,255

											2021		2020
											f		f
Loan to individual											6,000		5,332
The interest free			loan is	provided to the borrower who commenced				a theological		course of three years term
in 2017at a recognised				institute. The purpose ofthe		loan is	used	exclusively	for tuition fee and living				costs
ofthe borrower			The loan		shall be repaid by monthly	instalments within 3years after					the course completion
The debtor had		extended			his course then his loan repayment		is also delayed.		The loan repayment			is
expected to commence				in Apnl 2022.
12. Stock											2021		2020
											f		6
Books											278		278
13. Debtors
											2021		2020
											6		6
Concessionary		loan (see			note 11)								668
Tax Rebate											23,545		26,659
Prepayments	&	Accrued			Income						5,460		5,781
Other Debtor											19,006		11,930
											48,010		45,038

						2021 6	2020f
Secured bank loan (see		note 15)				32,988	32,877
Unsecured	loans from individuals		(see note	15)		43,500	18,500
Accruals						6,793	2,700
						83,281	54,077
15.Creditors: Amounts		falling	due after	more than	one year
						2021	2020
						f
Secured bankloan						360,119	391,786
Unsecured	loans from individuals					23,000	69,000
Unsecured	loans from Manchester		Alliance	Mandarin	Fellowship	50,000	50,000
						433,119	510,786

The secured bank loan is repayable by 143 monthly instalm repayments:	ents as follows and are currently based on	equal capit
	2021	2020
		6
In one year or less	32,988	32,877
Between one and two years	32,988	32,877
Between two and five years	98,964	98,361
After five years	228,167	260,278
	393,106	424,393

	2021	2020
	8	E
In one year or less	43,500	18,500
Between one and two years	6,000	46,000
Between two and five years	17,000	23,000
	66,500	87,500

16.Statement of		Funds
			Balance					Balance
			1 January 6	2021	Income 8	Expenditure f	Transfers	31 December 2021 6
Unrestricted Funds
General Fund				59,792	206,738	(43,635)	(116,319)	106,576
Designated Funds
Personnel Fund				4,679	23,025	(108,856)	83,202	2,050
Mission Fund				6,216	1,545	(35,906)	33,117	4,972
				10,895	24,570	(144,762)	116,319	7,021
Total Unrestricted		Funds		70,687	231,308	(188,398)		113,598
Restricted Funds
Property Fund			1,223,762		71,378	(82,994)		1,212,146
Charity Fund				9,496	5,391	(4,846)		10,041
Bursary Fund				6,000		0		6,000
Total Restricted		Funds	1,239,258		76,769	(87,840)		1,228,187
Total Funds			1,309,945		308,077	(276,238)		1,341,785
			Balance					Balance
			1 January	2020	income	Expenditure	Transfers	31 December 2020
			K				6
Unrestricted Funds
General Fund				57,271	123,020	(28,827)	(91,672)	59,792
Designated Funds
Personnel Fund				6,121		(76,557)	75,115	4,679
Mission Fund				18,617		(28,958)	16,557	6,216
				24,738	0	(105,515)	91,672	10,695
Total Unrestricted		Funds		82,009	123,020	(134,342)		70,687
Restricted Funds
Personnel Fund					16,987	(16,987)
Mission Fund					1,257	(1,257)
Property Fund			1,194,820		113,880	(84,938)		1,223,762
Charity Fund				9,284	3,608	(3,396)		9,496
Bursary Fund				6,000				6,000
Total Restricted	Funds		1,210,104		135,732	(106,576)		1,239,258
Total Funds			1,292,113		258,752	(240,920)		1,309,945

17. Analysis of net assets between funds
	rtr'estr'cte		unde	Restricted f d	Total funds 2021
	General		Designated
	Fundf		Fund
Fixed Assets	5,605			1,649,388	1,654,993
Non-Current Assets				6,000	6,000
Current Assets	110,456			86,736	197,192
Current I iabilities	(2,034)			(80,818)	(82,852)
Long Term Liabilities				(433,119)	(433,119)
Net Assets as at 31 December 2021	114,026		0	1,228,187	1,342,214
	Unrestricted		funds	Restricted f	Total funds 2020
	General	Designated
	Fund		Fund
	E		f	5	E
Fixed Assets	5,516			1,692,044	1,697,560
Non-Current Assets				5,332	5,332
Current Assets	55,129		12,224	104,563	171,916
Current Liabilities	(853)		(1,329)	(51,895)	(54,077)
Long Term Liabilities				(510,786)	(510,786)
Nel Assets as at 31 December 2020	59,792		10,895	1,239,258	1,309,945