## **Trustees’ Annual Report for the period**
**From 01/01/2020 To 31/12/2020**
**Charity name:** SOUTH LONDON ALLIANCE CHURCH
**Charity registration number:** 1103873
## **Objectives and Activities**
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SORP reference
Summary of the purposes Para 1.17 Promoting the Christian Faith in United
of the charity as set out Kingdom and in all parts of the world.
in its governing
document
Summary of the main Para 1.17 and The proclamation of the Gospel of
1.19
activities in relation to the Lord Jesus Christ to people of all
those purposes for the nations, and in particular (but not
public benefit, in
exclusively) those who speak
particular, the activities,
Mandarin and/or Cantonese, and
projects or services
the discipleship of all those who
identified in the
accounts. become Christians through
receiving the Lord Jesus Christ as
Saviour and Lord so that they may
grow in spiritual maturity and
understanding.
(b) Fostering the growth of church
as an indigenous body of Christ.
(c) The education and training of
Christians for the ministries of the
Church both at home and overseas
and the encouragement of
Christians to become established as
active members of their local
churches.
(d) Facilitating evangelism and
Christian training that agree with
the church’s Doctrinal Statement
and conduct their affairs
consistently with it.
Statement confirming Para 1.18 We have had regard to the
whether the trustees guidance issued for public benefit
have had regard to the and have met this by providing a
guidance issued by the
spiritual home where Christians and
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Charity Commission on public benefit
non-Christians can gather to know and /or receive Jesus Christ as their Lord and saviour.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
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SORP reference
The charity was able to navigate
and function during the difficult
times of COVID-19 by moving
Summary of the main Sunday services online.
Para 1.20
achievements of the
charity, identifying the This also holds true for different
difference the charity’s fellowships where regular gathers
work has made to the were held online. Where members
circumstances of its and non-members can remain in
beneficiaries and any contact and provide mutual
wider benefits to society support.
as a whole.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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## **Financial Review**
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Review of the charity’s Para 1.21 The charity's financial position
financial position at the remains secure at the end of the
end of the period period.
Statement explaining the Para 1.22 The charity does not have a
policy for holding reserve policy. It holds designated
reserves stating why they funds for its pastoral and property
are held purposes. Every major financial
decision requires majority
approval from the congregation
which serves as an important
device to monitor financial risks.
Amount of reserves held Para 1.22 £0
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Trustees are selected through a
methods including details voting system by qualified
of any constitutional members during the Annual
provisions e.g. election to General Meeting.
post or name of any
person or body entitled
to appoint one or more
trustees
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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## **Reference and Administrative details**
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Charity name SOUTH LONDON ALLIANCE CHURCH
Other name the charity
uses
Registered charity 1103873
number
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Charity's principal
address
## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Wai Lung SHAM Chairman
2 Hoi Yee CHAU Treasurer
3 King Wai HUNG Secretary
4 Sau Ha CHIU
5 Kin Ming KO
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved **Director name Wai Lung SHAM Hoi Yee CHAU King Wai HUNG**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
**Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)**
**Position (eg Secretary, Chair, etc)**
**Date**
Company registration number: 5096423 Charity number: 1103873
## **SOUTH LONDON ALLIANCE CHURCH**
**Report and Financial Statements For the Year Ended 31st December 2020**
## **SOUTH LONDON ALLIANCE CHURCH**
## **CONTENTS**
||Page|
|---|---|
|Company information|1|
|Directors' report|2|
|Statement of financial statement activities|3|
|Balance Sheet|4|
|Notes to the financial statements|5|
**SOUTH LONDON ALLIANCE CHURCH COMPANY INFORMATION FOR THE PERIOD ENDED 31ST DECEMBER 2020**
|**Registration number**|5096423|
|---|---|
|**Company directors**|Rev W L Sham|
||Ms S H Chiu|
||Mr K M Ko|
||Mr K W Hung|
||Ms H Y Chau|
|**Company secretary**|Mr K M Ko|
|**Registered office**|The Parish Church of St Andrew|
||Herbert Road|
||London|
||SW19 3SH|
|**Banker**|HSBC plc|
||75 - 77 High Street Sutton|
||Surrey|
||SM1 1DU|
Page 1
**SOUTH LONDON ALLIANCE CHURCH DIRECTORS' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2020**
The directors present their report and the financial statements for the year ended 31st December 2020.
## **Principal activity**
The principal activity of the Church is that of a charity, its objects are to proclaim Jesus Christ as Lord, to strengthen Christians in their understanding and commitment to the Lordship of Jesus Christ and to foster the growth of Church as an indigenous body of Christ.
## **Directors**
The directors as at 31st December 2020 were as follows:
Rev W L Sham Ms S H Chiu Mr K M Ko Mr K W Hung Ms H Y Chau
## **Statement of directors' responsibilities**
Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Church and of the surplus or deficit of the Church for that year. In preparing those financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently
- make judgements and estimates that are reasonable and prudent
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church will continue in operation
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Church and to enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small companies. It was approved by the board on 21 Feb 2021 and signed on its behalf.
Mr K M Ko Director
Page 2
## **SOUTH LONDON ALLIANCE CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020**
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Unrestricted Designated 2020 2019
Incoming resources Notes Fund Funds Total Total
£ £ £ £
Sunday offering received 49,838 77,986 127,824 37,731
Investment income 99 0 99 192
Other income 24,750 14,400 39,150 23,182
Total incoming resources 74,687 92,386 167,073 61,105
Resources expended
Rent 3,995 0 3,995 6,190
Charitable Donations 9 4,422 0 4,422 1,663
Mission Fund 5 0 2,200 2,200 650
Charity Fund 6 0 500 500 5,000
Church Ministry 11 3,221 0 3,221 4,961
Honorarium 12 113 0 113 912
Special Projects and Programmes 13 163 0 163 1,783
Administrative Expenses 14 1,151 0 1,151 1,143
Sundries 15 483 0 483 100
CACU Property Sundries 7 0 1,534 1,534 5,448
CACU Property Mortgage 7 0 12,031 12,031 12,111
Pastoral Fund 8 0 16,021 16,021 12,239
Short Term Mission Fund 10 0 0 0 508
Total resources expended 13,549 32,285 45,834 52,707
Movement in total funds for the year 61,138 60,101 121,239 8,398
Transfer from unrestricted fund 0 7,484 7,484 3,042
Transfer to designated funds (7,484) 0 (7,484) (3,042)
Total funds brought forward 89,913 72,937 162,849 154,451
Total funds carried forward 143,567 140,522 284,089 162,849
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Page 3
## **SOUTH LONDON ALLIANCE CHURCH BALANCE SHEET AS AT 31ST DECEMBER 2020**
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2020 2019
Notes £ £
Current assets
Prepayment 0 0
Cash at bank 284,089 162,849
284,089 162,849
Funds
Unrestricted fund 14 143,567 89,913
Designated funds 15 140,522 72,937
284,089 162,849
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The directors consider that the Church is entitled to exemption from the requirement to have an audit under the provision of s.249A(1) of the Companies Act 1985. Members have not required the Church, under s.249B(2) of the Companies Act 1985, to obtain an audit for the period ended 31st December 2020. The directors acknowledge their responsibilities for ensuring that the Church keeps accounting records which comply with s.221 of the Companies Act 1985, and for preparing accounts which give a true and fair view of the state of affairs of the Church as at 31st December 2020 and of its net income for the period then ended in accordance with the requirements of s.226, and which otherwise comply with the requirements of the Act relating to the accounts so far as applicable to the Church.
The financial statements which have been prepared in accordance with the special provisions of Part VII of the Companies Act 1985 applicable to small companies were approved by the board on 21 Feb 2021 and signed on its behalf.
Mr K M Ko Company secretary
Page 4
**SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020**
## **1 Accounting policies**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2000) issued in October 2000, applicable accounting standards and the Companies Act 1985. The principal accounting policies adopted in the preparation of the financial statements are as follows:
## _**Incoming resources**_
They represent offerings received from members of the church and other donors and bank interest received during the year.
## _**Resources expended**_
Resources expended are included in the Statement of Financial Activities on an accruals basis.
## _**Fund accounting**_
Funds held by the charity are either:
Unrestricted funds: these are funds which can be used in accordance with the charitable objects at the discretion of the directors.
Designated funds: these are funds set aside by the directors out of unrestricted general funds for specific future purposes or projects.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## _**Cash flow statement**_
The company has taken advantage of the exemptions in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
## **2 Directors' remuneration and working expenses**
During the period the charity did not have any employees and no remuneration was paid to any of the directors.
Working expenses paid to voluntary directors were: Rev W L Sham - £533.7; Mr K M Ko - £10.5; Mr K W Hung-£0 Ms Hoi Yee Chau £12.75; Ms S H Chiu £0
## **3 Corporation Tax**
The company being recognised as a registered charity is entitled to exemption from corporation tax under S505 of TA 1988.
## **4 Legal status of the charity**
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £1.
Page 5
## **SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS (cont'd) FOR THE YEAR ENDED 31ST DECEMBER 2020**
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5 Mission Fund 2020 2019
£ £
Chinese Christian Mission 0 50
Herald Europe 200 200
Shower of Blessing 0 200
RBC Ministries 200 200
Missionary Support (Pastor Lucho Sanchez) 1,800 0
2,200 650
6 Charity Fund 2020 2019
£ £
Donation to St Andrew's Church 0 5,000
Donation to Tear Fund 250 0
Donation to Indonesia Relief to HKAM 0 0
World Vision 250 0
500 5,000
7 Property Fund 2020 2019
£ £
Mortgage 12,031 12,111
Sundries 1,534 5,448
13,564 17,559
8 Pastoral Fund 2020 2019
£ £
Pastor Yan's salary & subsidy 16,021 12,239
Subsidy for Visiting Pastor 0 0
16,021 12,239
9 Charitable Donations 2020 2019
£ £
CACU (UK) General Fund 2,361 1,663
CACU Mission Fund 2,061 0
4,422 1,663
10 Short Term Mission Fund 2020 2019
£ £
Administration and Travel 0 158
Donation to Betty Yuen (Cambodia Stm trip) 0 350
Short Term Mission (CAWF RendezVous) (11/7-20/7/2018) 0 0
0 508
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Page 6
**SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS (cont'd) FOR THE YEAR ENDED 31ST DECEMBER 2020**
|**11 Church ministry**
Baptism
Sunday School
Special Ministry
Pastoral Care
Outreach
Student Outreach
Fellowship Group
Mandarin Class
Tutorial Class
**12 Honorarium**
Speaker Fee
Travel
**13 Special projects and programmes**
Courses and Training
CACU(UK) Retreat
Lay Leadership Training Program
**14 Administrative expenses**
Legal & Professional
Phone
Postage and Stationery
Travel & Mileage
Office Equipment & Maintenance
Website
**15 Sundries**
Refreshments
Others & Holy Communion|**2020**
**£**
128
232
800
64
360
900
349
0
388
**3,221**
**2020**
**£**
100
13
**113**
**2020**
**£**
163
0
0
**163**
**2020**
**£**
331
280
25
154
275
86
**1,151**
**2020**
**£**
297
187
**483**|**2019**
**£**
611
65
13
201
270
2,629
1,032
0
140
**4,961**
**2019**
**£**
870
42
**912**
**2019**
**£**
1,151
632
0
**1,783**
**2019**
**£**
13
220
35
52
731
93
**1,143**
**2019**
**£**
77
23
**100**|
|---|---|---|
Page 7
**SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS (cont'd) FOR THE YEAR ENDED 31ST DECEMBER 2020**
|**16 Unrestricted fund**
Balance b/f
Movement in the year
Transfer to designated funds
Balance c/f
**17 Designated funds**
**Mission**
**Fund**
**£**
Incoming Resources
1,070
Resources Expended
(2,200)
Movement in the period
(1,130)
T/F from General Fund
660
Balance b/f
**3,948**
Balance c/f
**3,478**|**Pastoral**
**Fund**
**£**
1,060
(16,021)
(14,961)
4,984
**33,725**
**23,747**|**Property**
**Fund**
**£**
89,266
(13,564)
75,702
540
**36,906**
**113,148**|**Charity**
**Fund**
**£**
990
(500)
490
1,300
**(1,712)**
**78**|**General**
**Fund**
**£**
89,913
61,138
(7,484)
**143,567**
**ST Mission**
**Fund**
**£**
0
0
0
0
**70**
**70**|**2020**
**£**
89,913
61,138
(7,484)
**143,567**
**2020**
**Total**
**£**
92,386
(32,285)
60,101
7,484
**72,937**
**140,522**|**2019**
**£**
79,302
13,652
(3,042)
**89,913**
**2019**
**Total**
**£**
30,703
(35,956)
(5,253)
3,042
75,148
**72,937**|
|---|---|---|---|---|---|---|
## **Mission Fund**
This is reserved for Mission work.
## **Pastoral Fund**
This is reserved for the employment of pastoral staff.
## **Property Fund**
This is reserved for the acquisition of church's property in the future exclusively, not inclusive of any rental payments that may arise.
## **Charity Fund**
This is reserved for Relief work and supporting the financial needs of members of the Congregation.
## **Short Term Mission Fund**
This is reserved for Short Term Mission.
Page 8
## **SOUTH LONDON ALLIANCE CHURCH**
## **INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020**
I report on the financial statements of South London Alliance Church for the year ended 31 December 2020.
## **Respective responsibilities of trustees and independent examiner**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”), and to consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by s.28 of the Charities Act 2006, does not apply. It is my responsibility to examine accounts under section 43 of the Act, as amended, to follow procedures specified in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended, whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and 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.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Act.
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.
Olaoluwa Baikie 14[th] May 2021 Greenfield Accounting 100 Greenfield Avenue Surbiton KT5 9HS