Company Registration Number - 03822341
The Charity Registration Number is :- 1093920
The Chinese Centre (North of England) Limited
Report and Accounts
31 March 2024
The Chinese Centre (North of England) Limited
Report and accounts for the year ended 31 March 2024
Contents
| Page | ||
|---|---|---|
| Charity information | 1 | |
| Trustees' Annual Report | 1 | |
| Statement of directors' responsibilities | 7 | |
| Independent Accountant's Report | 9 | |
| Funds Statements:- | ||
| Statement of Financial Activities | 11 | |
| Statement of Financial Activities - Prior Year statement | 12 | |
| Movements in funds | 13 | |
| Revenue Funds | 13 | |
| Income and Expenditure account | 14 | |
| Balance sheet | 15 | |
| Notes to the accounts | 16 |
The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
The Trustees present their Report and Accounts for the year ended 31 March 2024, which also comprises the Directors' Report required by the Companies Act 2006.
Reference and administrative details
The charity name.
The legal name of the charity is:- The Chinese Centre (North of England) Limited.
The charity is also known by its operating name, The CICT Open Learning Centre. The charity's areas operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1093920. The charity does not operate in any overseas jurisdictions.
Legal structure of the charity
The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation. There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals.
The principal operating address, telephone number, email and web addresses of the charity are:-
Unit 15, Lynnwood Enterprise Centre Elswick, Newcastle Upon Tyne NE4 6UL Telephone 0191 2732233 (ext 2010)
Email Address emilylam@cictlearning.org Web address https://cictlearning.org
The registered office of the charity for Companies Act purposes is the same as the operating address shown above.
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The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
The Trustees in office on the date the report was approved were:-
Kin Chuen Kwok Yuen Mei Ivy Leung Big Ha Tina Tsang Denise Briddon
The following persons served as Trustees during the year ended 31 March 2024 :-
The trustees who served as a trustee in the reporting period, and, if applicable, their dates of appointment or resignation during the year were:-.
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Name Appointed Resigned/Retired
Kin Chuen Kwok
Yuen Mei Ivy Leung
Big Ha Tina Tsang
Denise Briddon
Selina Mak 22/06/2024
All the trustees are also members of the charity.
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Objects and activities of the charity
The purposes of the charity as set out in its governing document.
The charity's objects are:
a) to advance the education of people in the Chinese community in the North of England primarily but not exclusively by the provision of an ICT centre and training facilities.
b) to provide or assist in the provision of facilities for recreation or other leisure time occupation for children in the North of England with the object of improving their conditions of life.
- c) to relieve the poverty of people in the North of England by the provision of subsidised childcare and training.
The main activities undertaken in relation to those purposes during the year.
Our organisation’s name is the Chinese Centre (North of England), to be inclusive we are locally known as the CICT Open Learning Centre. We promote social inclusion, equality, and diversity with the aim of reducing unemployment and increase community cohesion through providing skills and progression routes for disadvantaged participants, including the Ethnically Minoritised Communities (henceforth BAMEs), refugees and the long term unemployed from across Tyne-and-Wear, particularly in Newcastle where we are based. We deliver basic skills training to the BAME economically inactive residents, alongside with Community Health Engagement, Financial Inclusion and Digital Inclusion projects. We also provide unfunded digital provision to BAME asylum seekers, some of whom acquire refugee status subsequently.
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The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
The main activities undertaken during the year to further the charity's purpose for the public benefit.
The five main activities undertaken during the year have been:
(A) Multiply Training Programme – delivers Multiply Maths taster sessions and short courses to encourage progression to local colleges
(B) RISE @ Truly Home Programme – provides free English for Work, Driving Theory and employability support to the economically inactive participants of the Rise Into Sustainable Employment programme. (C) Wellbeing Hub provision - provides asylum seekers and refugees with a space to chat over a cup of tea in order to increase social cohesion.
(D) Health activities – provides asylum seekers and refugees with social activities like day trips to reduce social isolation.
(E) Digital Inclusion Activities: gifts out donated sim cards and digital devices to asylum seekers, refugees and local residents with low income.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
The main achievements and performance of the charity during the year.
(A) Multiply Training Programme
Following the successful delivery of Multiply Tasters underspend in February 2023, we acquired another funding to deliver Multiply tasters to another 52 participants and 46 of them have been referred for progression to Newcastle City Learning. In September 2023, we were awarded the Multiply Short Courses grant from North East Combined Authority to progress 15 participants to do Multiply Short Courses after completing Multiply Tasters.
(B) Employability Provision:
The RISE @ Truly Home programme
We successfully acquired the Small Grant funding from the North of Tyne Combined Authority (now known as North East Combined Authority) to deliver the RISE@Truly Home Project (RISE= Refugees Into Sustainable Employment).
(C) Wellbeing Hub Provision
In January 2024, we continued to be an active member of the Wellbeing hubs Network across the City of Newcastle. We were awarded the Wellbeing Hub Fund to provide not just warmth but a warm welcome and a place for asylum seekers, refugees and local residents to meet together, learn new skills and socialise over a hot drink and biscuits.
(D) Health Provision
Built on the experience of running the round 1 and round 2 health fund projects, the round 3 health project addressed the issue of health inequalities in BAME asylum seekers and refugees including housebound women with young children. The day trips to the countryside provided a way of promoting mental well-being to tackle the health impacts the pandemic has had on asylum seekers and refugees which are top of language, financial, cultural and psychological barriers.
(E) DIGITAL INCLUSION PROVISION
We are currently a member of the National Databank and National Device bank and we are one of the digital inclusion hubs in the National Digital Inclusion Network run by the Good Things Foundation.
This year, we successfully delivered 3 funded projects with the following grants: Digital Inclusion Capability Grant, the Digital Inclusion Impact Grant and the Fix the Digital Divide grant.
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The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
The difference the charity's performance during the year has made to the beneficiaries of the charity and the benefit to wider society.
RISE @ Truly Home is a transformative project dedicated to supporting Refugees Into Sustainable Employment in Newcastle. Our mission is to clear: to establish a dynamic learning community that empowers economically inactive individuals, especially BAME refugees and migrants. Our approach includes personalized learning plans, ESOL for Work programme, English Conversation Practice, digital skills support, 1-to-1 mentoring, volunteering and monthly celebrations. We aim to build confidence and promote proactive job-seeking behaviours among participants, taking a step closer to employment. We aim to shape a brighter future and promote inclusivity and empowerment for sustainable employment. Together, we rise.
This project was officially launched in January 2024. By the end of March, 50% of participants (n=20) have been recruited. Both language and skills assessments have been completed and individual learning plans devised to addresses language acquisition, vocational training needs, soft skills and personal development of the project participants. Cohort groups have been formed based on the participants’ personal goals and the result of the diagnostics of participants’ maths, English, IT and life skills.
By the end of January 2024, tutors were hired and trained, to meet the unique needs of BAME economically inactive participants. Course content and necessary resources, materials, and facilities for the programme secured
There was a footfall of more than 500 people attending the wellbeing hub this year, and only 5% are families with children. The wellbeing hub visitors are mainly aged 25 to 34 and are male and they are mainly newly arrived asylum seekers and refugees and their spouses.
Our Wellbeing support includes providing a warm space to socialise, provide digital skills classes, and donated sim card gifting. Apart from providing finger food and hot drinks and donated internet sim cards, we are not able to help with winter clothing, shoes and water proof clothes (raincoats or umbrellas), money vouchers as some have requested.
The people attending our hub experience the following issues: lack of travel costs, a few have to walk to the centre for an hour and they usually do not have adequate winterproof clothing. Hopefully, the provision of future funding may help us to bridge this gap.
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The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
Health Project outputs and outcomes:
85 asylum seekers and refugees completed the bilingual health needs surveys, informal interviews, including conversations with potential vaccine uptake
A list of 10 top health needs identified from the health needs survey conducted with asylum seekers and refugees
A before-and-after chart of vaccine uptake evidences the impact of the project
100 BAME asylum seekers and refugees including children attended the day trips
20 successfully completed the “Dream to be a Nurse” training sessions
28 completed the UK online course “Improving your health online” with support
10 volunteers to be trained up to provide interpreting support for their peers
60 BAME adults and children have improved knowledge and skills around healthier lifestyle.
40 BAME participants share public health information in their first language among peer groups
20 BAME participants are supported to access services e.g. GP, dentists & opticians appointment
1 Project Celebration Event (Dream to be a Nurse) took place to present first aid kits to the course completers
10 Bilingual Community Health Champions trained up and shared their experience during the celebration event with prizes.
We continued to support the BAME refugees and asylum seekers with donated sim cards, digital devices and digital skills training using Learn My Way:
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Internet
Digital Skills Learn My Way
Month Data Sim
Registrations
Gifting
May-23 0 7
Jun-23 0 4
Jul-23 50 2
Aug-23 31 15
Sep-23 32 10
Oct-23 37 2
Nov-23 52 0
Dec-23 41 5
Jan-24 72 19
Feb-24 71 15
Mar-24 48 10
TOTAL 434 89
----- End of picture text -----
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The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
Structure, governance and management of the charity
The methods used to recruit and appoint new charity trustees.
The trustees are recruited and appointed by the existing trustees and the necessary training and induction is given prior to commencement.
| Bankers | The Co-operative Bank |
|---|---|
| 53-59 Blandford Square | |
| Newcastle Upon Tyne | |
| NE99 1AN | |
| Accountants | Laverick Walton & Co |
| B3 Kingfisher House | |
| Team Valley | |
| Gateshead | |
| Tyne & Wear | |
| NE11 0JQ |
Financial review
The charity's financial position at the end of the year ended 31 March 2024
The financial position of the charity at 31 March 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
| Restricted Revenue Funds Total Funds Unrestricted Revenue Funds available for the general purposes of the charity Net income |
2024 £ (16,835) 35,536 55 35,591 |
2023 £ 9,173 52,308 118 52,426 |
|---|---|---|
Financial review of the position at the reporting date, 31 March 2024 .
The trustees consider the financial performance by the charity during the year to have been satisfactory.
Policies on reserves.
The policy remains the same as last year to hold in reserves the equivalent of two months general running costs and an additional one month’s salary costs and rent. This policy will be reviewed in twelve months’ time.
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The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
Details of The Independent Examiner
MR J R Mills FCCA
Member of The Association of Chartered Certified Accountants
B3 Kingfisher House Kingsway North, Team Valley Gateshead Tyne & Wear NE11 0JQ
Statement of the Directors Trustees' Responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
-
to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
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The Chinese Centre (North of England) Limited
Company Registration Number - 03822341
Trustees' Annual Report for the year ended 31 March 2024
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
Method of preparation of accounts - Small company provisions
The financial statements are set out on pages 11 to 26.
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)
These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
This report was approved by the board of trustees on 18 December 2024.
KIN CHUEN KWOK Director and Trustee
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The Chinese Centre (North of England) Limited
Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 March 2024
I report to the Trustees on my examination of the financial statements of the charitable company on pages 11 to 26 for the year ended 31 March 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 16.
Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report
As described on page 7, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of Independent Examiner's Statement and scope of work undertaken
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
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The Chinese Centre (North of England) Limited
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
Independent Examiner's Statement, Report and Opinion
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 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;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
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 financial statements to be reached.
Signed:-
MR J R Mills FCCA - Independent Examiner
The Association of Chartered Certified Accountants
B3 Kingfisher House Kingsway North, Team Valley Gateshead Tyne & Wear NE11 0JQ
This report was signed on 19 December 2024
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The Chinese Centre (North of England) Limited - Statement of Financial Activities for the year ended 31 March 2024
Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 March 2024, as required by the Companies Act 2006)
| Current year Unrestricted Funds 2024 £ Income & Endowments from: Donations & Legacies A1 42,795 Expenditure on: Charitable activities B2 59,567 Total expenditure B 59,567 Net income for the year (16,772) Net income after transfers A-B-C (16,772) (16,772) Reconciliation of funds:- E Total funds brought forward 52,308 Total funds carried forward 35,536 SORP Ref Net movement in funds |
Current year Restricted Funds 2024 £ - 63 63 (63) (63) (63) 118 55 |
Current year Total Funds 2024 £ 42,795 59,630 59,630 (16,835) (16,835) (16,835) 52,426 35,591 |
Prior Year Total Funds 2023 £ 76,051 66,878 66,878 9,173 9,173 9,173 43,253 52,426 |
|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations
The notes attached on pages 16 to 26 form an integral part of these accounts.
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The Chinese Centre (North of England) Limited - Statement of Financial Activities for the year ended 31 March 2024
The Chinese Centre (North of England) Limited - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP
| Prior Year Unrestricted Funds 2023 £ Income & Endowments from: Donations & Legacies A1 28,489 Charitable activities A2 - Other trading activities A3 - Investments A4 - Other A5 - Total income A 28,489 Expenditure on: Raising funds B1 - Charitable activities B2 17,309 Other B3 - Tax on surplus on ordinary activit B3 - Other taxation B3 - Total expenditure B 17,309 B4 - Net income for the year 11,180 Transfers between funds C - Net income after transfers 11,180 11,180 Reconciliation of funds:- E Total funds brought forward 41,252 Total funds carried forward 52,432 Net movement in funds SORP Ref Net gains on investments |
Prior Year Restricted Funds 2023 £ 47,562 - - - - - 47,562 - 49,157 - - - - 49,157 - (1,595) - (1,595) (1,595) 2,001 406 |
Prior Year Total Funds 2023 £ 76,051 - - - - 76,051 - 66,878 - - - 66,878 - 9,173 - 9,173 9,173 43,253 52,426 |
|---|---|---|
All activities derive from continuing operations
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'
The notes attached on pages 16 to 26 form an integral part of these accounts.
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The Chinese Centre (North of England) Limited - Statement of Financial Activities for the year ended 31 March 2024
The Chinese Centre (North of England) Limited - Resources applied in the year ended 31 March 2024 towards fixed assets for Charity use:-
| 2024 £ Funds generated in the year as detailed in the SOFA (16,835) Resources applied on functional fixed assets 90,633 Other applications of funds - Net resources available to fund charitable activities 73,798 The notes attached on pages 16 to 26 form an integral part of these accounts. Movements in revenue and capital funds for the year ended 31 March 2024 |
2023 £ 9,173 (1,248) - 7,925 |
|---|---|
Revenue accumulated funds
| Unrestricted Funds 2024 £ Accumulated funds brought forward 52,308 (16,772) 35,536 Closing revenue funds 35,536 Summary of funds Unrestricted and Designated funds 2024 £ Revenue accumulated funds 35,536 Recognised gains and losses before transfers |
Restricted Funds 2024 £ 118 (63) 55 55 Restricted Funds 2024 £ 55 |
Total Funds 2024 £ 52,426 (16,835) 35,591 35,591 Total Funds 2024 £ 35,591 |
Last year Total Funds 2023 £ 43,253 9,173 52,426 52,426 Last Year Total Funds 2023 £ 52,426 |
|---|---|---|---|
The notes attached on pages 16 to 26 form an integral part of these accounts.
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The Chinese Centre (North of England) Limited - Statement of Financial Activities for the year ended 31 March 2024
The Chinese Centre (North of England) Limited Income and Expenditure Account for the year ended 31 March 2024 as required by the Companies Act 2006
| Income Income from operations Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Depreciation and amortisation Governance costs Realised losses on disposals of social investments which are programme related Total expenditure in the year Tax on surplus on ordinary activities Retained surplus for the financial year All activities derive from continuing operations Net income after tax in the financial year Net income before tax in the financial year Investment income |
2024 £ 42,795 42,795 42,795 58,012 315 1,303 - 59,630 (16,835) - (16,835) (16,835) |
2023 £ 76,051 76,051 76,051 65,515 120 1,243 - 66,878 9,173 - 9,173 9,173 |
|---|---|---|
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 16 to 26 form an integral part of these accounts.
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The Chinese Centre (North of England) Limited - Balance Sheet as at 31 March 2024
| SORP | ||||||
|---|---|---|---|---|---|---|
| Note | Ref | 2024 | 2023 | |||
| £ | £ | |||||
| Fixed assets | A | |||||
| Tangible assets | 9 | A2 | 953 | 1,128 | ||
| Current assets | B | |||||
| Debtors | 10 | B2 | 370 | 1,679 | ||
| Cash at bank and in hand | B4 | 42,107 | 51,963 | |||
| Total current assets | 42,477 | 53,642 | ||||
| Creditors: amounts falling due within | ||||||
| one year | 11 | C1 | (7,839) | (2,344) | ||
| Net current assets | 34,638 | 51,298 | ||||
| The total net assets of the charity | 35,591 | 52,426 | ||||
| The total net assets of the charity are | funded | by the | funds of the | charity, as follows:- | ||
| Restricted funds | ||||||
| Restricted Revenue Funds | 15 | D2 | 55 | 118 | ||
| Unrestricted Funds | 55 | 118 | ||||
| Unrestricted Revenue Funds | 15 | D3 | 35,536 | 52,308 | ||
| Designated Funds | 35,536 | 52,308 | ||||
| Total charity funds | 35,591 | 52,426 |
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 10.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
KIN CHUEN KWOK
Trustee Approved by the board of trustees on 18 December 2024
The notes attached on pages 16 to 26 form an integral part of these accounts.
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The Chinese Centre (North of England) Limited
Notes to the Accounts for the year ended 31 March 2024
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Going Concern
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have reviewed the future position and are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.
Risks and future assumptions
The charity is a public benefit entity.
The trustees are adopting a risk management approach which includes regular assessments of all perceived risks faced by the charity. Significant risks are dealt with as a matter of priority and discussed at board meetings.
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
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The Chinese Centre (North of England) Limited
Notes to the Accounts for the year ended 31 March 2024
Policies relating to assets, liabilities and provisions and other matters.
Tangible fixed assets
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition. Items costing less than £100 have not been capitalised.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Plant and machinery 25 % straight line A regular annual review of the likelihood of asset impairment is undertaken.
Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
Creditors and provisions
Creditors are recognised on the accruals basis in accordance with normal accounting principles.
Cash and bank balances
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
Pensions - defined contribution schemes
The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
There are no designated funds.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
There are no endowment funds.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
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The Chinese Centre (North of England) Limited
Notes to the Accounts for the year ended 31 March 2024
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 Significance of financial instruments to the charity's position
There are no significant implications of such matters.
5 Net surplus before tax in the financial year
| 2024 £ The net surplus before tax in the financial year is stated after charging:- Depreciation of owned fixed assets 315 Pension costs 683 6 Staff costs and emoluments Salary costs 2024 £ Gross Salaries excluding trustees and key management personnel 42,141 Employer's operating costs of defined contribution pension schemes 683 Total salaries, wages and related costs 42,824 The average number of part time staff employed in the year was 3 The average number of full time staff employed in the year was 1 The estimated full time equivalent number of all staff employed in the year was 4 The estimated equivalent number of full time staff deployed in different activities in the year was:- Engaged on charitable activities 4 The estimated full time equivalent number of all staff employed as above 4 |
2023 £ 120 694 2023 £ 47,112 694 47,806 3 1 4 4 4 |
|---|---|
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
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The Chinese Centre (North of England) Limited
Notes to the Accounts for the year ended 31 March 2024
7 Defined contribution pension schemes
The charity operates a defined contribution pension scheme, the costs of which are shown above.
8 Remuneration and payments to Trustees and persons connected with them
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
9 Tangible fixed assets
| Current Year Cost At 1 April 2023 Additions Disposals At 31 March 2024 Depreciation At 1 April 2023 Charge for the year On disposals At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 Prior Year Cost 01 April 2022 Additions 01 April 2023 Depreciation 01 April 2022 Charge for the year 01 April 2023 Net book value 01 April 2023 |
Land and Buildings £ 90,773 - (90,773) - 90,773 - (90,773) - - - Land and Buildings £ 90,773 - 90,773 90,773 - 90,773 - |
Plant & Machinery £ 175,521 140 - 175,661 174,393 315 - 174,708 953 1,128 Plant & Machinery £ 174,273 1,248 175,521 174,273 120 174,393 1,128 |
Motor Vehicles £ - - - - - - - - - - Motor Vehicles £ - - - - - - - |
Total £ 266,294 140 (90,773) 175,661 265,166 315 (90,773) 174,708 953 1,128 Total £ 265,046 1,248 266,294 265,046 120 265,166 1,128 |
|---|---|---|---|---|
All assets are used for direct charitable purposes.
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The Chinese Centre (North of England) Limited
Notes to the Accounts for the year ended 31 March 2024
10 Debtors
| Prepayments and accrued income Other debtors 11 Creditors: amounts falling due within one year Trade creditors Accruals PAYE, NIC VAT and other taxes Other creditors 12 Income and Expenditure account summary At 1 April 2023 Surplus after tax for the year At 31 March 2024 |
2024 £ 370 - 370 2024 £ 430 2,754 427 4,228 7,839 2024 £ 52,426 (16,835) 35,591 |
2023 £ 277 1,402 1,679 2023 £ - 1,907 437 - 2,344 2023 £ 43,253 9,173 52,426 |
|---|---|---|
13 No related party transactions
There were no transactions with related parties in the year.
14 Particulars of how particular funds are represented by assets and liabilities
| At 31 March 2024 Tangible Fixed Assets Current Assets Current Liabilities At 1 April 2023 Tangible Fixed Assets Current Assets Current Liabilities |
Unrestricted funds £ 953 42,422 (7,839) 35,536 Unrestricted funds £ 1,128 53,524 (2,344) 52,308 |
Designated funds £ - - - Designated funds £ - - - - |
Restricted funds £ - 55 - 55 Restricted funds £ - 118 - 118 |
Total Funds £ 953 42,477 (7,839) 35,591 Total Funds £ 1,128 53,642 (2,344) 52,426 |
|---|---|---|---|---|
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The Chinese Centre (North of England) Limited
Notes to the Accounts for the year ended 31 March 2024
15 Change in total funds over the year as shown in Note 14 , analysed by individual funds
| Funds brought forward from 2023 £ Unrestricted and designated funds:- Unrestricted Revenue Funds 52,308 Total unrestricted and designated funds 52,308 Restricted funds:- Good Things Foundation - Digital Inclusion Capability Grant 118 Total restricted funds 118 Total charity funds 52,426 16 Analysis of movements in funds over the year as shown in Note 15 Income 2024 £ Unrestricted and designated funds:- Unrestricted Revenue Funds 42,795 Restricted funds:- Good Things Foundation - Digital Inclusion Capability Grant - 42,795 |
Movement in funds in 2024 See Note 16 £ (16,772) (16,772) (63) (63) (16,835) Expenditure 2024 £ (59,567) (63) (59,630) |
See Note 0 £ - - - - - Other Gains & Losses 2024 £ - - - Transfers between funds in 2024 |
Funds carried forward to 2025 £ 35,536 35,536 55 55 35,591 Movement in funds 2024 £ (16,772) (63) (16,835) |
|---|---|---|---|
17 The purposes for which the funds as
Unrestricted and designated funds:-
Unrestricted Revenue Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
Restricted funds:-
Good Things Foundation - Digital Inclusion Capability Grant
Funding was received to help with website costs.
18 Ultimate controlling party
The charity is under the control of its legal members.
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The Chinese Centre (North of England) Limited
Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
19 Donations, Grants and Legacies
| Current year Current year Unrestricted Funds Restricted Funds 2024 2024 £ £ 250 - 17,000 - 10,600 - 5,000 - 9,945 - 42,795 - Revenue grants from government and public bodies - Prior Year analysis Prior Year Prior Year Unrestricted Funds Restricted Funds 2023 2023 £ £ Prior Year 22,245 47,562 Current year Current year Unrestricted Funds Restricted Funds 2024 2024 £ £ - - - - - - - - Total private sector revenue grants Total public sector revenue grants Revenue grants and donations from non public bodies Connected Voice Small grants individually less than £1000 Esme Fairburn Small grants individually less than £1000 Newcastle City Council Good Things Foundation Revenue grants from government and public bodies Community Health Fund NTCA |
Current year Total Funds 2024 £ 250 17,000 10,600 5,000 9,945 42,795 Prior Year Total Funds 2023 £ 69,807 Current year Total Funds 2024 £ - - - - |
Prior Year Total Funds 2023 £ - 42,562 22,245 5,000 - 69,807 Prior Year Total Funds 2023 £ 640 2,604 3,000 6,244 |
|---|---|---|
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The Chinese Centre (North of England) Limited
Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015
Revenue grants and donations from non public bodies (Include Gift Aid donations from subsidiaries) - Prior Year analysis
| Prior Year | Prior Year | Prior Year |
|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Total Funds |
| 2023 | 2023 | 2023 |
| £ | £ | £ |
Total Donations, Grants and Legacies
| Total Donations, Grants and Legacies A1 Prior year Total Donations, Grants and Legacies A1 |
42,795 Unrestricted Funds 2023 £ 28,489 |
- Restricted Funds 2023 £ 47,562 |
42,795 Prior Year Total Funds 2023 £ 76,051 |
76,051 |
|---|---|---|---|---|
20 Expenditure on charitable activities - Direct spending
| Current Year Total direct spending B2a All the expenditure in the prior year was unrestricted. Prior Year Total direct spending B2a Coach hire and day trips Classes Coach hire and day trips Travel and Subsistence - Charitable Activities Membership Prizes Travel and Subsistence - Charitable Activities |
Current year Unrestricted Funds 2024 £ 419 - 161 - - 580 Prior Year Unrestricted Funds 2023 £ 553 150 973 |
Current year Restricted Funds 2024 £ - - - - - - Prior Year Restricted Funds 2023 £ 657 1,460 2,117 |
Current year Total Funds 2024 £ 419 - 161 - - 580 Prior Year Total Funds 2023 £ 1,210 1,610 3,502 |
Prior Year Total Funds 2023 £ 1,210 1,610 270 186 226 3,502 |
|---|---|---|---|---|
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The Chinese Centre (North of England) Limited
Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015
21 Support costs for charitable activities
| Current year Current year Current Year Unrestricted Funds Restricted Funds 2024 2024 £ £ Employee costs not included in direct costs 42,141 - 683 - - - 85 - 1,146 - 128 - Volunteer costs 1,584 - Premises Expenses 2 - 6 - 8,952 - Administrative overheads 878 - 504 - - 63 475 - 146 - 35 - 297 - 103 - Professional fees paid to advisors other than the auditor or examiner 204 - Financial costs 315 - Support costs before reallocation 57,684 63 Total support costs - Current Year 57,684 63 The basis of allocation of costs between activities is described under accounting policies Equipment,repairs,expenses and maintenance Salaries - Administrative staff Payroll fees and charges Cleaning and waste management Rent, rates and service charge Travel and subsistence - staff Premises repairs, renewals and maintenance Training and welfare - staff Other salaries Liabilty and contents insurance Telephone, fax and internet Software licences and expenses Sundry expenses Advertising and marketing Volunteers' expenses Defined contribution pension cost - administrative staff Training and accreditation fees Depreciation & Amortisation in total for Postage and stationery Other legal and professional |
Current year Total Funds 2024 £ 42,141 683 - 85 1,146 128 1,584 2 6 8,952 878 504 63 475 146 35 297 103 204 315 57,747 57,747 |
Prior Year Total Funds 2023 £ 43,116 694 3,996 - 948 261 612 - - 9,602 655 - 1,053 475 - 165 436 - - 120 62,133 62,133 |
|---|---|---|
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The Chinese Centre (North of England) Limited
Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015
| Prior Year Employee costs not included in direct costs Salaries - Administrative staff Other salaries Travel and subsistence - staff Volunteer costs Volunteers' expenses Premises Expenses Rent, rates and service charge Administrative overheads Telephone, fax and internet Advertising and marketing Liabilty and contents insurance Training and accreditation fees Postage and stationery Total support costs - Prior Year Support costs before reallocation Defined contribution pension cost - administrative staff |
Prior Year Unrestricted Funds 2023 £ 12,246 - 944 104 455 - 276 - - - - 15,093 15,093 |
Prior Year Restricted Funds 2023 £ 30,870 694 3,052 157 157 9,602 379 1,053 475 165 436 47,040 47,040 |
Prior Year Total Funds 2023 £ 43,116 694 3,996 261 612 9,602 655 1,053 475 165 436 62,133 62,133 |
|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
22 Other Expenditure - Governance costs
| Current Year Independent Examiner's fees Total Governance costs |
Current year Unrestricted Funds 2024 £ 1,303 1,303 |
Current year Restricted Funds 2024 £ - - |
Current year Total Funds 2024 £ 1,303 1,303 |
Prior Year Total Funds 2023 £ 1,243 1,243 |
|---|---|---|---|---|
All the expenditure in the prior year was unrestricted.
23 Total Charitable expenditure
| Current Year Total direct spending B2a Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 |
Current year Unrestricted Funds 2024 £ 580 57,684 1,303 59,567 |
Current year Restricted Funds 2024 £ - 63 - 63 |
Current year Total Funds 2024 £ 580 57,747 1,303 59,630 |
Prior Year Total Funds 2023 £ 3,502 62,133 1,243 66,878 |
|---|---|---|---|---|
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The Chinese Centre (North of England) Limited
Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015
| Prior Year Total direct spending B2a Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 |
Prior Year Unrestricted Funds 2023 £ 973 15,093 1,243 17,309 |
Prior Year Prior Year Restricted Funds Total Funds 2023 2023 £ £ 2,117 3,502 47,040 62,133 - 1,243 49,157 66,878 |
|---|---|---|
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