## **Company Registration Number : 4247363 Charity Registration Number: 1092536**
# **CHINESE ALLIANCE CHURCHES UNION (UK) ANNUAL TRUSTEES AND FINANCIAL STATEMENTS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024**
1
## **CHINESE ALLIANCE CHURCHES UNION (UK) CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
||Page|
|---|---|
|COMPANY INFORMATION|2|
|TRUSTEES' AND DIRECTORS' ANNUAL REPORT|3 - 8|
|STATEMENT OF FINANCIAL ACTIVITIES|9|
|(incorporating INCOME AND EXPENDITURE ACCOUNT)||
|BALANCE SHEET|10|
|CASH FLOW STATEMENT|11|
|NOTES TO THE FINANCIAL STATEMENTS|12-18|
|INDEPENDENT EXAMINERS REPORT|19|
2
## **CHINESE ALLIANCE CHURCHES UNION (UK) COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024**
|Company Number|4247363|
|---|---|
|Charity Number|1092536|
|Registered Office|Manchester Alliance Centre|
||Unit 9 The Quadrangle|
||Hulme Street|
||Manchester|
||M1 5GL|
|Directors/Trustees|Yuen Yi Helen Chow|
||Hiu Tung Angel Wong|
||Siu Boon Ma|
||Daniel Kam Hong Wong|
||King Cheong Duglas Fung|
|Member Churches|Manchester Alliance Church|
||South London Alliance Church|
||Leeds Alliance Church|
||East London Alliance Fellowship|
||Brighton Alliance Church|
||Worthing Chinese Christian Fellowship (honorary member)|
|Accountant|Hannah Murray Accountancy Ltd|
||61 Falconers Green|
||Westbrook|
||Warrington|
||Cheshire|
||WA5 7XF|
|Bankers|HSBC Bank plc|
||100 King Street|
||Manchester|
||M60 2HD|
||Barclays Bank Plc|
||PO Box 357|
||51 Mosley Street|
||Manchester|
||M60 2AU|
3
**CHINESE ALLIANCE CHURCHES UNION (UK) TRUSTEES' AND DIRECTORS' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
The Trustees of the Union (directors and trustees) present their report and the financial statements for the year ended 31 December 2024.
## Incorporation
The Union was incorporated on 6th July 2001 under the Companies Act 1985 as a private limited company and the company is limited by guarantee.
## Purpose
The Chinese Alliance Churches Union (UK) seeks to be an indigenous federation of Chinese evangelical churches according to the tradition of Christian and Missionary Alliance (abbreviated to C&MA), whose purposes are to proclaim Jesus Christ as Lord, to assist the advance of His Church in the United Kingdom, and to promote a missionary base for national and world-wide evangelization in affiliation with the Alliance World Fellowship
## Objectives
- 1.To strengthen Christians in their understanding and commitment to the Lordship of Jesus Christ
- 2.To advance the work of national and world-wide mission primarily but not exclusively through church planting.
- 3.To foster the growth of Church as an indigenous body of Christ.
- 4.To become an active church-planting and missionary base of existing C&MA mission agenda.
## Public benefit
The Trustees confirm that in their oversight of CACU’s activities, they have ensured that the charity's money and time resources have been used with due regard for public benefit.
## Trustees selection and induction
All the trustees of the Union are nominated and is eligible for election at an annual general meeting of the Union. The newly elected trustees will be given a brief induction regarding their duties and responsibilities set out in the constitution and according to the guidelines of Companies House and Charity Commission.
## The Union Management Committee
The Union Management Committee shall consist of President, the Vice-President, Treasurer and other committee members.
The Committee members are the Directors /Trustees (voting members) of the Union and at the date of this report who have served during the year unless otherwise stated were:
Yuen Yi Helen Chow Hiu Tung Angel Wong Siu Boon Ma Daniel Kam Hong Wong King Cheong Duglas Fung Hoi Yee Chau King Wai Hung Wesley Wing Yau Wong
(appointed on 27 May 2024) (appointed on 27 May 2024) (appointed on 27 May 2024) (resigned on 27 May 2024) (resigned on 27 May 2024) (resigned on 27 May 2024)
4
## **CHINESE ALLIANCE CHURCHES UNION (UK) TRUSTEES' AND DIRECTORS' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## The Union Management Committee (cont.)
All the Management Committee members of the Union are nominated and shall be eligible for election at an annual general meeting of the Union, and a General Secretary shall be appointed by the Committee annually. Rev. Chiu has taken up the role of President and Rev. Pang as Vice President.
## Non-Voting members
Rev. Tai Ming Pang Rev. Wing Hong Wong Pastor Kwok Fai Philip Wong Rev. Chai Ming Cheung
## Union Missionary Team, Employees and Voluntary Workers (as at 31 December 2024)
## HKAM Team
Rev. Tai Ming Pang and Mrs Yin Fun Pang Rev. Wai Lung Sham and Mrs Teresa Sham Pastor Kwok Fai Wong and Mrs Mei Po Mabel Wong Pastor Ting Yuk Jessica So
## Pastoral Staff
Rev. Wai Chor Chiu (Minister in charge of MAC) Pastor Shi Yan (SLAC) Rev. Wing Hong Wong (LAC) Rev. Luis Sanchez (Full Time Missionary) Pastor Justin Siemens (Full Time Missionary) Pastor Wai Shun Hung (Full time Ministry) Rev. Yiu Kee Nathaniel Law (Full Time Ministry) Dr. Suk Yu Chan (Full Time Pastor)
## Administative Staff
Ms Nicole Wai Yee Ng Union Financial Secretary - Part-time
## Membership
The Union consists of corporate members and individual members. All corporate members, which are represented by full members or associate members, and individuals as honorable members are admitted to the Union according to the rules set in the constitution.
## President's report
CACUUK has three registered member churches (MAC, SLAC and LAC), two associate member churches (ELAC and BAC) and one honorary member church (Worthing Chinese Christian Fellowship).
At present, the total number of participants in various churches, including children and teenagers, is more than 3,300. The number of staff in the association and churches is: 9 missionaries, including 3 Missionary couples, 1 missionary from Hong Kong Alliance Mission, 1 missionary from U.S. Alliance Envision, 1 missionary employed by CACU; 1 pastoral staff from Alliance Bible Seminary; 2 pastoral staff for church planting projects; 2 Minister-in-Charge employed by CACU; another 2 pastoral staff; and 1 administrative staff. Additionally, the member churches have hired 13 pastors separately.
5
## **CHINESE ALLIANCE CHURCHES UNION (UK) TRUSTEES' AND DIRECTORS' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## President's report (cont.)
In terms of personnel changes, Pastor Hung Kwong Wu from Nottingham Alliance Church resigned and left his position in August 2024. To accommodate growing congregations, several churches have hired additional pastoral staff: Pastor John Wong (BAC); Pastor Michael Wong (SLAC); Pastor Alan Yip (MAC); Rev Alice Yau (MAC); and Pastor Marcus Lung (MAC).
## Development in the year
Over the past year, CACU has been committed to church planting efforts. Through the generous contributions of overseas Christian & Missionary Alliance (C&MA) Unions, including those from the United States and Hong Kong. CACU has supported member churches in various ways. This includes funding the establishment of two church plants by Manchester Alliance Church in Stockport and Wigan, as well as church planting by Leeds Alliance Church in Morley. Additionally, CACU has continued to assist three directly established church locations (Crewe, Nottingham, and Milton Keynes) by providing administrative, pastoral, and personnel guidance.
To meet the growing demands of church planting and ministry, CACU’s president, Rev. Wai Chor Chiu, has been seconded by Manchester Alliance Church and, with board approval, has taken on the role of part-time General Secretary. Despite the recent slowdown in immigration compared to the past two years, CACU continues to assess the needs of different regions and hopes to establish more Chinese Alliance churches.
In terms of events, CACU organised an online gathering to connect newly immigrated Hong Kong Alliance believers in the UK with CACU, facilitating mutual understanding and sharing. In April, pastors and missionaries participated in a retreat organised by CACU, with Rev. Gordon Siu as the speaker. This event provided an opportunity for spiritual renewal and fellowship amidst busy ministry schedules.
Following the 2023 Chinese Alliance World Missions Conference in Manchester, in May 2024, the Chinese Alliance World Fellowship (CAWF) collaborated with the U.S. Chinese Alliance Church Association to host a European Chinese Alliance Pastors and Missionaries Retreat in Manchester. The event featured Pastor Guo-Lun Huang from Taiwan’s City-to-City, who shared insights on urban church planting. CACU encouraged UK pastors to participate, receiving an enthusiastic response.
Regarding short-term missions, CACU led a mission trip to Lima, Peru. In previous years, support for Lima's Bao Hua Chinese Alliance Church was provided via online meetings. In 2024, a team was able to serve in person, ministering to local Chinese and young people. The team consisted of 14 members from three churches (Manchester, South London, and Brighton), fostering strong bonds of unity and shared ministry across congregations.
Additionally, CACU collaborated with global Chinese Alliance networks. In 2024, two missionaries came to serve in Manchester. One, Deng Deng, was sent by the Hong Kong Alliance Mission and serves among Muslim communities. The other, Rev. Justin Siemens, was sent by the U.S. Alliance Envision and focuses on mobilising young people for missions. Furthermore, Dr. Viola Chan, sent by Alliance Bible Seminary in Hong Kong, assisted in theological education. Over the past year, several pastors from member churches have participated in the seminary’s mentorship program, receiving guidance and support for their ministry in the UK.
6
## **CHINESE ALLIANCE CHURCHES UNION (UK) TRUSTEES' AND DIRECTORS' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## Plans and Prospects for 2024
CACU will continue exploring church planting opportunities in areas with large Chinese populations but no existing Chinese Alliance presence. The priority is to find suitable church-planting pastors before determining specific locations. Additionally, CACU encourages member churches to explore local church-planting opportunities within their respective regions.
To facilitate unity and expansion, CACU also seeks to connect with individual churches interested in joining our Alliance family. As church plants increase, CACU has developed church-planting guidelines and, in January, organised a sharing session to help pastors and lay leaders understand key considerations for church planting. Furthermore, in May and June, the Alliance plans to hold leadership training courses to educate leaders on Alliance traditions, UK church-related legal matters, and conflict resolution within congregations.
Beyond church planting and training, CACU remains committed to global missions. Given the influx of young immigrants into UK churches, CACU hopes to cultivate them as future missionaries. In April, CACU will host a youth missions camp with Rev. Tung Ka-Wah, General Secretary of CCCOWE, as the speaker. Additionally, CACU is encouraging young people to attend the CAWF Youth Missions Rendezvous in Taiwan, offering financial support to the first ten applicants. This year, CACU also plans to organise a short-term mission trip to Indonesia, allowing young people to experience island-hopping missionary work via boat.
For pastoral fellowship, CACU will continue regular pastors’ and missionaries’ prayer and sharing meetings. Plans are also underway to establish a senior pastors’ and key staff network to foster deeper connections and share pastoral experiences. In September, CACU will hold its annual pastoral retreat, which has been well-received in past years, offering ministers valuable time for rest and fellowship.
## Financial review
In 2024, the financial situation of the Union was stable. The net income from the property owned by the Union and the donation from the member churches supported the routine work and development of the Union. The full details of the Union’s business are recorded in its 2024 Annual Financial Statement.
The Union General fund for property fund and mission fund are as follows:
## Union Property Financial Report 2024
The Manchester Hulme Property is under the management of Union Management Committee. It continues to be used for union pastoral staff accommodation. The day to day management is done by the Union Office.
- (i) Annual Income / Rental = £8,900
- (ii) Expenses:
Mortgage = £7,219.74 Services & Maintenance = £587.36
(iii) Net Income = £1092.90
- (iv) Accumulated Net Income Balance = £36,021.71
_(Note: all incomes and expenses are solely the responsibilities of Union Mission Fund)_
7
**CHINESE ALLIANCE CHURCHES UNION (UK) TRUSTEES' AND DIRECTORS' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## Financial review (cont.)
## 2024 Contributions towards the Union from member churches
**----- Start of picture text -----**
2024 MAC SLAC LAC MAMF ELAC BAC TOTAL
General Fund £21,239 £6,586 £1,268 £739 £593 £419 £30,844
Mission Fund £13,915 £4,315 £831 £363 £291 £206 £19,921
TOTAL £35,154 £10,901 £2,099 £1,102 £884 £625 £50,765
**----- End of picture text -----**
The Statement of Financial Activities consists of the Union's General fund, Designated fund and Restricted fund under the management of the Union's Trustees and Directors.
The Statement of Financial Activities on page 9 shows a profit for the year of £217,548, and our reserves stand at £671,252 in total. These are analysed in notes 14-16.
The Charity's free reserve is £63,223, which the trustees consider is sufficient for the general running costs.
## Policy on reserves
It is the policy of the Union to maintain only a small level of unrestricted general fund reserve. As at 31 December 2024, the amount of reserve in General Fund was £63,223 which is approximately 20-30% over a typical year’s running cost. The trustees consider this amount to be adequate to fulfil the main purpose of cash flow based on the current inflation. There is also a provision within the union budgets for unforeseen expenditure and post budget projects of £800 each year.
The General Fund is mainly used to cover administrative and associated expenses and ministry activities. Most major activities are planned well in advance and hence already included into the planned budgets. Past actual expenditures have been found to reflect well against the budgets.
The General Fund income is mainly from donation commitments from member churches. The donation commitments are determined and agreed by passing the budget each year one year in advance at the union AGM. Many of our member churches are growing churches and have demanding financial challenges, especially during this difficult period. In the event that the Union donation income were to reduce, ie. member churches unable to make the committed donations, the trustees believe the reserve is appropriate and adequate to maintain Union operation for a short time whilst additional funds may be raised.
The Union's Mission fund, a designated fund, has a substantial reserve. At December 2024, it has a reserve of £521,537. The main income for the Union Mission Fund is from member churches. The Mission budget and members’ donation contributions are determined and agreed, passed in resolution a year in advance at AGM.
The Union has made various commitments to the expansion of Mission work in the UK. This fund has been used to financially support and subsidise the employments of several missionaries working at different member churches. The Union is currently supporting Rev Wong at LAC on a three-year contract, ending in May 2025. Total fund already committed is £1,250 for 2025. After this period, it is the aim for member churches to have developed the financial abilities to support these pastoral staff fully by themselves.
## Risk Management
The trustees have a duty to identify and review the risks of which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
8
## **CHINESE ALLIANCE CHURCHES UNION (UK) TRUSTEES' AND DIRECTORS' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## Trustees and Directors' responsibilities (cont.)
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of theUnion and of the statement of financial activities for that period. In preparing these financial statements, the directorsare required to:
- a) select suitable accounting policies and apply them consistently
- b) make judgements and accounting estimates that are reasonable and prudent
- c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Union transactions and disclose with reasonable accuracy at any time the financial position of the Union and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Union and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## Taxation Status
Under S466 to S493 of the Corporation Taxes Act 2010 the Union has been granted status as a charity.
## Small Company Provisions
The above report has been prepared in accordance with the small companies regime under the Companies Act 2006 and FRS 102 SORP.
By the order of the Trustees and Directors
Siu Boon Ma Director
Date : 21 May 2025
9
## **CHINESE ALLIANCE CHURCHES UNION (UK) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 (Incorporating Income and Expenditure Account)**
|**Notes**
Incoming Resources
Donations
Investment Income
Other Income
20
Total Incoming Resources
Resources Expended
Direct Charity Expenditure
2
Administration of the Union
3
Projects Expenses
4
Other Charges
5
Entrusted Funds Expenses
6
Mission Fund Expenses
7
Governance Costs
8
Gross transfers between funds
Total Resources Expended
Net Income before transfers
Gross transfers between funds
17
Gross transfers between funds
17
Net Income/loss for the year
**Fund Balances as at 31 December 2023**
**Fund Balances as at 31 December 2024**|**General**
**Designated**
**Restricted**
**2024**
**Fund**
**Fund**
**Fund**
**Total**
**_£_**
**_£_**
**_£_**
**_£_**
31,687
447,577
222,596
701,860
2,272
-
-
2,272
10,075
13,053
191,050
214,178
44,034
460,630
413,646
918,310
21,145
-
-
21,145
5,227
-
-
5,227
4,376
-
-
4,376
1,871
-
-
1,871
-
-
405,520
405,520
-
261,994
-
261,994
629
-
-
629
33,248
261,994
405,520
700,762
10,786
198,636
8,126
217,549
72,522
20,068
92,590
(72,522)
(20,068)
(92,590)
10,786
198,636
8,126
217,548
52,437
322,901
78,366
453,704
63,223
521,537
86,492
671,252|**2023**
**Total**
**_£_**
604,104
1,424
188,226
793,754
16,605
5,994
10,371
2,045
431,246
134,304
588
601,153
192,601
176,595
(176,595)
192,601
261,103
453,704|
|---|---|---|
The amount of net income under Companies Act reporting requirements agrees with the amount shown above as net income for the year.
10
Company Registration Number : 4247363
## **CHINESE ALLIANCE CHURCHES UNION (UK) BALANCE SHEET AS AT 31 DECEMBER 2024**
|||2024||2023|
|---|---|---|---|---|
||Notes||||
|||£||£|
|**Fixed Assets**|||||
|Tangible Fixed Assets|9||111,522|114,620|
|**Current Assets**|||||
|Debtors|10|74,882||1,052|
|Cash at Bank||534,846||380,404|
|**Current Liabilities**||609,728||381,456|
|Creditors : Amounts falling due within one year|11|20,677||8,057|
|**Total current assets less current liabilities**|||589,051|373,399|
|**Long term Liabilities**|||||
|Creditors : Amount falling due after more than one year|12||29,321|34,315|
|Net Assets|||671,252|453,704|
|**Funds**|||||
|General|14||63,223|52,437|
|Designated|15||521,537|322,901|
|Restricted|16||86,492|78,366|
||||671,252|453,704|
The financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime under the Companies Act 2006
Throughout this year, the Union was entitled to the audit exemption conferred by section 477 of the Companies Act 2006. No members of the Union have requested an audit by notice, being deposited under section 476 for the year.
The trustees and directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparing financial statements which give a true and fair view of the state of affairs of the Union as at the end of the financial period and of its net income for that period in accordance with the requirements of sections 394 and 395 of the Companies Act 2006 and which otherwise comply with the requirements of the Act relating to financial statements, so far as they are applicable to the Union.
The financial statements were approved by the trustees and board of directors and signed on their behalf by:-
Siu Boon Ma Director Date : 21 May 2025
11
## **CHINESE ALLIANCE CHURCHES UNION (UK) CASHFLOW STATEMENT** Company Registration **AS AT 31 DECEMBER 2024** Number : 4247363
|**Cash flows from operating activities:**
Net income/(expenditure) for the reporting period
Adjustments for:
Depreciation
(Increase)/Decrease in Debtors
Increase/(Decrease) in Creditors
Net Cash provided by operating activities
**Financing activities**
Repayment of borrowing
Interest received from borrowing
Net cash provided by financing activities
Net Cash provided by operating activities
Net cash provided by financing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at 1 January
Cash and cash equivalents at 31 December
Cash and cash equivalents comprise:
Cash at bank
Cash in hand|**2024**
**£**
217,549
3,098
(73,830)
11,780
(58,952)
158,597
(7,220)
3,066
(4,154)
158,597
(4,154)
154,443
380,404
534,847
534,212
634
534,846|**2023**
**£**
192,601
3,098
6,735
(1,898)
7,935
200,536
(7,031)
3,138
(3,893)
200,536
(3,893)
196,643
183,761
380,404
376,664
3,740
380,404|
|---|---|---|
12
**CHINESE ALLIANCE CHURCHES UNION (UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## 1. Accounting Policies
The principal accounting policies which have been applied consistently throughout the year are summarised below.
## a) Basis of preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP(FRS102)) issued on October 2019 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Compaies Act 2006.
## b) Voluntary Income
Voluntary income is received in cash by way of donations, gifts and legacies.
Cash donations, gifts and legacies are included in full in the statement of financial activities as soon as they are received.
Income received by Gift Aids is included in gross in the statement of financial activities as soon as they are received.
## c) Investment Income
Bank interests are included in the statement of financial activities on accrual basis.
## d) Expenditure
All expenditure is included in the statement of financial activities. The value of purchase invoices received before the year end but not paid until after the year end has also been included in the statement of financial activities. Individual items of office furniture and equipment with a purchase price of £1,000 or less are written off when the asset is acquired.
## e) Taxation
The Union has been granted charitable status by HM Revenue and Customs and as such no tax charge arises on the results for the year.
## f) Tax rebate
The Union can claim back the tax from HM Revenue and Customs on the income donated by its members who have signed Gift Aid declarations.
## g) Tangible fixed assets and depreciation
Long leasehold building is capitalised at the purchase cost and depreciation is charged to write off the cost on a straight line basis over its expected useful life of 50 years.
## h) Going concern
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
13
## **CHINESE ALLIANCE CHURCHES UNION (UK) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
|2. Direct Charity Expenditure
Staff Work Expenses
Personnel Employment
3. Administration of the Union
Office Space Expenditure
Printing, Stationery and Advertising
Telephone and Internet Charges
Computer Equipment and Accessories
4. Projects Expenses
Programs and camps
5. Other Charges
Insurance
Sundry
Visa/License renewal
AGM
Bank Charges
6. Entrusted Funds Expenses
HKAM Fund-Personal
HKAM Fund-Projects
MAC Fund -Personal
MAC Fund -General
LAC Fund -Personal
LAC Fund -General
SLAC Fund -Personal
SLAC Fund -General
MAMF Fund -Personal
MAMF Fund -Gift Aid Return
BAC Fund - Personal
7. Mission Funds Expenses
CAWF
Ministries contribution
Short term Mission
Church planting and Support
Donation
Property expenses
8. Governance Costs
Independent Examiner's fees
Professional fees|2024
General
Designated
Restricted
Total
Fund
Fund
Fund
£
£
£
£
1,958
1,958
19,187
19,187
21,145
-
-
21,145
4,800
4,800
194
194
233
233
-
5,227
-
-
5,227
4,376
4,376
4,376
-
-
4,376
1,010
1,010
84
84
275
275
418
418
85
85
1,871
-
-
1,871
173,191
173,191
26,202
26,202
85,579
85,579
1,773
1,773
31,239
31,239
15
15
32,333
32,333
14,693
14,693
33,472
33,472
-
-
7,023
7,023
-
-
405,520
405,520
-
-
134,799
134,799
2,923
2,923
112,367
112,367
1,000
1,000
10,905
-
10,905
-
261,994
-
261,994
560
560
69
69
629
-
-
629|2023
Total
£
417
16,188
16,605
4,800
212
323
659
5,994
10,371
10,371
841
159
262
595
188
2,045
185,748
5,841
93,335
-
27,591
-
55,918
-
33,624
29,189
-
431,246
4,555
45,747
3,740
69,131
1,000
10,131
134,304
540
48
588|
|---|---|---|
14
## **CHINESE ALLIANCE CHURCHES UNION (UK) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
|9. Tangible Fixed Assets
Cost
At 1 January 2024
Additions
Disposal
Depreciation
At 1 January 2024
Charge for the year
Disposal
At 31 December 2024
Net Book Value
At 31 December 2024
At 31 December 2023
10. Debtors
Prepayment
Accrued Income
11. Creditors : Amounts falling due within one year
Mortgage
(Note 12)
Accrued expenses
12. Creditors: Amount falling due after one year
Mortgages
The bank loans are repayable by 240 monthly instalments
on equal capital repayments :
In one year or less
Between one and two years
Between two and five years|Leasehold Buildings
150,042
-
-
150,042
35,422
3,098
-
38,520
111,522
114,620
2024
£
4,102
70,780
74,882
7,409
13,268
20,677
29,321
29,321
as follows and are currently based
£
7,409
7,409
21,912
36,730|Total
150,042
-
-
150,042
35,422
3,098
-
38,520
111,522
319,744
2023
£
1,052
-
1,052
6,568
1,489
8,057
34,315
34,315|
|---|---|---|
15
## **CHINESE ALLIANCE CHURCHES UNION (UK) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
2024 £ £
## 13. Analysis of Net Assets Between Funds
|Property
Debtors
Cash at Bank and in Hand
Creditors < 1 year
Creditors > 1 year
14. General Funds
General Reserves
15. Designated Funds
Mission Fund|General
Designated
Restricted
Restricted
Fund
Fund
Fund (Property)
Fund
£
£
£
-
111,522
-
-
496
74,386
-
-
63,286
372,359
38,711
60,489
(560)
(7,409)
-
(12,708)
-
(29,321)
-
-
63,223
521,537
38,711
47,781
Movements in funds
Balance
Income
Expenditure
Balance
01/01/2024
from
on
31/12/2024
£
£
£
£
52,437
44,034
33,248
63,223
52,437
44,034
33,248
63,223
Movements in funds
Balance
Income
Expenditure
Balance
01/01/2024
from
on
31/12/2024
£
£
£
£
322,901
460,630
261,994
521,537
322,901
460,630
261,994
521,537|Total
Fund
£
111,522
74,882
534,846
(20,677)
(29,321)
671,252|
|---|---|---|
## Mission Fund
It is a pool of unexpended resources, held and maintained separately from other pools. It should only be used for the advancement of national and world-wide mission primarily, inclusive of maintenance of missionary activities, but not exclusively through church planting.
## Designated Fund
A designated fund is a particular form of unrestricted fund, consisting of amounts of unrestricted funds which have been allocated or designated for specific purposes by the Union itself. The use of designated funds for their designated purposes will remain at the decision of the directors.
16
**CHINESE ALLIANCE CHURCHES UNION (UK) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## 16. Restricted Funds
|HKAM Personnel Fund
MAC Personnel Fund
LAC (YAF) General Fund
LAC (YAF) General Fund-Designated
SLAC General Fund
MAMF General Fund
BAC General Fund
Union Property Fund
9 St sigrist property
LAC Property Fund|Movements in funds
Balance
Income
Expenditure
Balance
01/01/2024
from
on
31/12/2024
£
£
£
£
33,413
169,588
199,393
3,607
(5,501)
92,852
87,352
(0)
305
-
15
290
1,606
30,998
31,240
1,364
4,215
44,240
47,026
1,429
5,617
68,948
33,471
41,094
-
7,020
7,023
(3)
2,906
-
-
2,906
35,805
-
-
35,805
78,366
413,646
405,520
86,492|
|---|---|
## HKAM Personnel Fund
It is a pool of unexpended resources, held and maintained separately from other pools. It should only be used for the employment of staff working for Hong Kong Alliance Mission.
## MAC Personnel Fund
It is a pool of unexpended resources, held and maintained separately from other pools. It should only be used for the employment of staff working for Manchester Alliance Church.
## SLAC General Fund
It is a pool of unexpended resources, held and maintained separately from other pools. It should only be used as general fund for the South London Alliance Church.
## LAC General Fund (formerly known as YAF)
It is a pool of unexpended resources, held and maintained separately from other pools. It should only be used as general fund for Leeds Alliance church (formerly known as Yorkshire Alliance Fellowship).
## MAMF General Fund
It is a pool of unexpended resources, held and maintained separately from other pools. It should only be used as general fund for Manchester Alliance Mandarin Fellowship.
## Union Property Fund
The property is under the Union Property Fund which is under the restricted fund of the Union. The Union property fund assists the union in managing any properties purchased with the funding of member congregations.
## Restricted Fund
Restricted funds are funds subject to specific conditions, imposed by the donors and binding on the directors or committee members of the Union. They represent unexpended restricted income and/or assets to which restrictions as to their use apply. The conditions may alternatively be imposed not by the donors but by the trusts relating to the donation.
17
**CHINESE ALLIANCE CHURCHES UNION (UK) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## 17. Movement in funds
|Designated funds
MF transfer to MAC
MF transfer to LAC
MF transfer to MAC from ABS (Tobey)
MF transfer to Crewe from ABS
MF transfer to SLAC from ABS to Pastor Wong
MF transfer to Crewe
MF transfer to MAMF
MF CMA to MK
Restricted funds
HKAM transfer to MAMFFaith church
HKAM transfer to LAC (NPAC)
HKAM transfer to GF
HKAM transfer to SLAC (NPAC)
HKAM transfer to Pastor Lucho (NPAC)
HKAM transfer to Pastor Lucho (Yan Fook)
HKAM transfer to Pastor Lucho(Poon)
HKAM transfer to Pastor Lucho
SLAC GF (incorrectly allocated in YE 2023)|Total
£
25,167
4,667
5,000
5,000
5,000
13,152
2,917
54,370
115,273
5,138
2,851
9,004
12,079
2,851
5,892
93
1,800
(10,901)
28,807|General Fund
£
-
9,004
9,004|Designated Fund
(Mission Funds)
£
5,000
13,152
54,370
72,522
2,851
5,892
93
1,800
(10,901)
(265)|Restricted Fund
£
25,167
4,667
5,000
5,000
2,917
42,751
5,138
2,851
12,079
20,068|
|---|---|---|---|---|
## 18. Company guarantee
Every member of the Association undertakes to contribute such amount as may be required not exceeding £1 to the assets of the association if it should be wound up while he is a member or within one year after he ceases to be a member, for payment of association's debts and liabilities contracted before he ceased to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributions among themselves.
## 19. Remuneration of employees
|19. Remuneration of employees|||
|---|---|---|
|The average number of employees during the|year is 16. The total|remuneration paid to employees are as|
|follows:|2024|2023|
|Salary|£
460,723|£
349,072|
|Employer's National Insurance|36,671|24,221|
|Employer's Pension|21,165|17,082|
||518,559|390,375|
Remuneration paid to employees are reimbursed by the relevant funds as follows:
|HKAM Personnel Fund
MAC Personnel Fund
MAMF Fund
LAC Fund
SLAC Fund
BAC Fund
General Fund
Mission Fund
Funds from sponsored churches through HKAM|£
138,621
85,356
12,659
23,637
32,248
6,989
17,987
188,423
12,639
518,559|£
114,888
93,705
22,571
18,571
31,891
-
14,866
78,461
15,422
390,375|
|---|---|---|
Remuneration breakdown aboved does not include relocation costs and pension management costs. The pension scheme is a defined contribution scheme.
18
## **CHINESE ALLIANCE CHURCHES UNION (UK) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## 20. Other Income
|Pension scheme
management
HKAM-CACU book
keeper contribution
Ministries support fund
CCIL Donation to
Thailand/Christmas
gift
CACU Donation
East London Project
Property|2024
General Fund
Designated
Fund
Restricted
Fund
£
£
£
1,071
471
9,004
145,013
20
41,478
4,068
13,053
10,075
13,053
191,050|2023
General Fund
Designated
Fund
Restricted
Fund
£
£
£
1,054
471
7,531
154,265
5,340
3,667
4,068
11,830
8,585
11,830
167,811|
|---|---|---|
19
## **CHINESE ALLIANCE CHURCHES UNION (UK)**
## **INDEPENDENT EXAMINERS REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF CHINESE ALLIANCE CHURCHES UNION (UK)**
I report on the charity trustees on my examination of the accounts of the company for the year ended 31 December 2024 which are set out on pages 9 to 17.
## **Responsibilities and basis of report**
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination, of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’).In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act.
I confirm that I am qualified to undertake the examination because I am a member the Association of chartered certified accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Hannah Murray FCCA
Hannah Murray Accountancy Ltd 61 Falconers Green Westbrook Warrington Cheshire WA5 7XF
Date: 21 May 2025
20
## CACU AnnualTrustee and FinancialReport2024 Final V3
## Final Audit Report
2025-05-21
Created: 2025-05-21 By: Hannah Murray (info@hannahmurrayaccountancy.co.uk) Status: Signed Transaction ID: CBJCHBCAABAATRk65x-dqqkOP2kzNaudANNGh1ILbM-7
## "CACU AnnualTrustee and FinancialReport2024 Final V3" Histor
## y
## Document created by Hannah Murray (info@hannahmurrayaccountancy.co.uk)
2025-05-21 - 08:03:37 GMT- IP address: 82.16.101.121
## Document emailed to Siu Boon Ma (seabertm@gmail.com) for signature
2025-05-21 - 08:04:22 GMT
## Email viewed by Siu Boon Ma (seabertm@gmail.com)
2025-05-21 - 08:38:12 GMT- IP address: 142.250.32.37
## Document e-signed by Siu Boon Ma (seabertm@gmail.com)
Signature Date: 2025-05-21 - 08:40:03 GMT - Time Source: server- IP address: 92.40.212.54
## Agreement completed.
2025-05-21 - 08:40:03 GMT