CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110112024 To 3111212024 Charity Name: SOUTH LONDON ALLIANCE CHURCH Charity Registration Number: 1103873 Date this Report was approved: 12Jul -2025 Ob"ectives and Activities SORP Ref. Para 1.17 Summary of the purposes of the charity as set out in its overnin document. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. To promote Christian Faith in the United Kingdom and in all parts of the world. Para 1.17 & 1.19 (a) To preach and share the gospels of Jesus Christ to the people of all nations, with a focus to Chinese Community in South London Area of the United Kingdom. (b) To foster the growth of church as an indigenous body of Christ. (c) To encourage and educate Christians to be the ministries of the church both in the home country and overseas. (d)To facilitate evangelism and Christian trainings in accordance with the church's doctrinal statement. We have followed the guidance issued by the Charity Commission on public benefits by providing a spiritual home for Christians and sharing the gospels of Jesus Christ to the community. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit. Para 1.18 Additional Information (Optional) You ma choose to include further statements where relevant about: SORP Ref. Para 1.38 Policy on grant making. Policy on social investment including program related investment. Contribution made by volunteers. Para 1.38 Para 1.38 Others:
Achievements and Performance SORP Ref. Para 1.20 Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. l. Sharin the os els of Jesus Christ: a) Number of members increased to 162, with 51 new members joined in 2024. b) Average number of Sunday Services participants, excluding youths, increased to 200+ in 2024. c) The church has added one more Sunday Services sections to cope with increasing congregation and to cater for different language groups. d) Two baptism ceremonies were held in 2024. e) Conducted twice-a-month gospel leaflets distributions in Kingston town centre. 11. Servin the communi a) The church has different fellowships for different age groups of people for their respective bonding enhancement. b) The church continues to support new BNO Visa immigrants from Hong Kong by providing advices on living and working in the UK as well as family supports on society integration in addition to other new comers of Chinese ethnicity. c) The church also acts as a community which embraces every aspects of our lives from families to individuals, personal growth and social life. Additional Information (Optional) You ma choose to include further statements where relevant about: SORP Ref. Achievements against Para 1.41 objectives set.. Performance of fundraising activities against objectives set. Investment performance against objectives. Para 1.41 Para 1.41 Others:
Financial Review Review of the charity's financial osition at the end of the eriod. Statement explaining the policy for holding reserves stating why they are held. SORP Ref. Para 1.21 The charity's financial position remains sound and secure at the end of the eriod The charity holds reserves primarily in fixed asset, which generates rental income. While the charity does not have a cash reserve policy, it holds various designated reserves including those for pastoral, mission, property, charity, and theology purposes. The trustees of SLAC monitor the funds from time to time and approve major financial decision to ensure that there are sufficient funds to enable activities to be carried out smoothly and without disruption. £1,021,057 NIA Para 1.22 Amount of reserves held. Reasons for holding zero reserves. Details of fund materially in deficit. Explanation of any uncertainties about the charity continuing as oin concern. Para 1.22 Para 1.22 Para 1.24 NIA Para 1.23 NIA Additional Information (Optional) You ma choose to include further statements where relevant about: SORP Ref. The charity's principal sources Para 1.47 of funds (including any fundraisin Investment policy and objectives including any social investment olic ado ted. A description of the principal risks facing the charity. Para 1.46 Para 1.46 Others:
Structure, Governance and Mana ement Description of charity's trusts: SORP Ref. Type of governing document Para 1.25 trust deed, ro al charter . How is the charity constituted? (e.g. unincorporated association, CIO. Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to oint one or more trustees. Constitution Para 1.25 cio Para 1.25 Trustees are selected through a voting system by qualified members during the Annual General Meeting. Additional Information (Optional) You ma choose to include further statements where relevant about: SORP Ref. Para 1.51 Policies and procedures adopted for the induction and trainin of trustees. The charity's organisational structure and any wider network with which the charity works. Para 1.51 Relationship with any related parties. Para 1.51 Others: Reference and Administrative Details Charit Name SOUTH LONDON ALLIANCE CHURCH Other Name the Charit Uses Re istered Charit Number Charity's Principal Address 1103873 244 Malden Way, New Malden, KT3 5QU, U.K.
Names of the charit trustees who mana Trustee Name e the charit Office (if any) Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if an Rev. SHAM Wai Lun WONG Chun Sun WONG Kam Hon MOK Oi Yan LEE Chi Pon WONG Kin Yeun LAM Kin Kwan Sam Chairman Secretar Treasurer Cashier Warden IT Advisor Church Property Purchase-plan Coordinator Administrator Secretary ointed on 11112025 ointed on 281412024 LEE CHEUNG Yat Wai Gloria FUNG King Cheong Duglas ointed on 11112025 111124- 31112124 Retired on 31112124 Cor orate trustees - names of the directors at the date the re Director Name Rev. SHAM Wai Lun WONG Chun Sun WONG Kam Hon MOK Oi Yan LEE Chi Pon WONG Kin Yeun LAM Kin Kwan LEE CHEUNG Yat Wai Gloria ortwasa roved. Name of trustees holdin Trustee Name NIA title to ro ert belon to the charit Dates acted if not for whole ear
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 O tional Names and addresses of advisers optional information e of Adviser Name Address Name of chief executive or names of senior staff members tional information , Exemptions from Disclosure Reason for non-disclosure of ke ersonnel details. Other Optional Information
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charit Signature(s) 's trustees. Full Name(s) SHAM Wai Lung ONG Chu Sun Position (e.g. Secretary, Chair, etc.) Chairman Secretary Date 12-Jul-2025 12-Jul-2025
Company registration number: 5096423
Charity number: 1103873
SOUTH LONDON ALLIANCE CHURCH
Report and Financial Statements For the Year Ended 31st December 2024
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 | 5,6,7,8 |
SOUTH LONDON ALLIANCE CHURCH COMPANY INFORMATION FOR THE PERIOD ENDED 31ST DECEMBER 2024
| Registration number | 5096423 |
|---|---|
| Company directors | Rev W L Sham |
| Mr C P Lee | |
| Mr K C Fung | |
| Mr K K Lam | |
| Mr K Y Wong | |
| Ms O Y Mok | |
| Mr D K H Wong | |
| Company secretary | Mr K C Fung |
| Registered office | 244 Malden Way |
| New Malden | |
| London | |
| KT3 5QU | |
| 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 2024
The directors present their report and the financial statements for the year ended 31st December 2024.
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 2024 were as follows:
Rev W L Sham Mr C P Lee Mr K C Fung Mr K K Lam Mr K Y Wong Ms O Y Mok Mr D K H Wong
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 2006. 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 small companies regime under the Companies Act 2006 and FRS 102 SORP. It was approved by the board on 3rd May 2025 and signed on its behalf.
Rev W L Sham Director
Page 2
SOUTH LONDON ALLIANCE CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31ST DECEMBER 2024
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Unrestricted Designated 2024 2023
Incoming resources Notes Fund Funds Total Total
£ £ £ £
Sunday offering received 192,582 127,664 320,246 188,192
Interest income 4,232 - 4,232 10
Rental income - 12,900 12,900 12,900
Tax relief from HMRC 23,218 - 23,218 21,051
Other income - - - 16,845
Total incoming resources 220,032 140,564 360,596 238,998
Resources expended
Rent 24,077 - 24,077 20,446
Mission Fund 5 - 9,627 9,627 1,872
Property Utilities (244 Malden Way) 7 - 3,420 3,420 3,363
Property Sundries (244 Malden Way) 7 - 732 732 1,807
Pastoral Fund 8 - 92,864 92,864 50,873
Church Ministry 10 13,069 - 13,069 30,582
Honorarium 11 520 - 520 841
Special Projects and Programmes 12 930 - 930 2,551
Administrative Expenses 13 8,164 - 8,164 3,607
Sundries 14 131 - 131 407
Charity Fund 6 - - - 1,700
Charitable Donations 9 - - - 20,091
Total resources expended 46,891 106,643 153,534 138,140
Movement in total funds for the year 173,141 33,921 207,062 100,858
Transfer from unrestricted fund - 52,771 52,771 29,253
-
Transfer to designated funds (52,771) (52,771) (29,253)
Total funds brought forward 602,940 211,055 813,995 713,137
Total funds carried forward 723,310 297,747 1,021,057 813,995
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Page 3
SOUTH LONDON ALLIANCE CHURCH BALANCE SHEET AS AT 31ST DECEMBER 2024
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----- Start of picture text -----
2024 2023
Notes £ £
ASSETS
Fixed Assets
244 Malden Way, KT35QU 650,000 650,000
Current Assets
Cash at bank and in hand 387,146 196,617
Receivable from Employee 27,640 22,840
-
Prepayment 1,850
416,636 219,457
TOTAL ASSETS 1,066,636 869,457
LIABILITIES
Current liabilities
Loan from Belfast Church 5,000 5,000
-
Advanced receipts - Church activities 2,510
-
Payable 1,468
Accruals 6,601 462
-
Personal Loan from the Congregation 5,000
15,579 10,462
Non-current liabilities
Loan from Belfast Church 30,000 35,000
-
Personal Loan from the Congregation 10,000
30,000 45,000
TOTAL LIABILITIES 45,579 55,462
Funds
Unrestricted fund 15 723,310 602,940
Designated funds 16 297,747 211,055
1,021,057 813,995
TOTAL LIABILITIES & FUNDS 1,066,636 869,457
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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.477 of the Companies Act 2006. Members have not required the Church, under s.476 of the Companies Act 2006, to obtain an audit for the period ended 31st December 2024. The directors acknowledge their responsibilities for ensuring that the Church keeps accounting records which comply with the Companies Act 2006, and for preparing accounts which give a true and fair view of the state of affairs of the Church as at 31st December 2024 and of its net income for the period then ended in accordance with the requirements of s.394 and 395 of the Companies Act 2006, 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 small companies regime under the Companies Act 2006 and FRS 102 SORP.
The financial statements were approved by the board on 3rd May 2025 and signed on its behalf.
Rev W L Sham Director
Page 4
SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
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 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP(FRS102)) issued in October 2019 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Companies Act 2006.
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 Church did not pay remuneration to any of the directors.
Working expenses paid to voluntary directors were:
Rev. W L Sham: £2,527.26; Mr. C P Lee: £78.30; Mr. K C Fung: £134.87; Mr. K K Lam: £0; Mr. K Y Wong: £0; Ms. O Y Mok: £0, Mr. D K H Wong: £0
3 Corporation Tax
The Church 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 Church 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.
| 5 Mission Fund STM trips Missionary CAWF trips |
2024 £ 5,627 4,000 - 9,627 |
2023 £ 1,054 500 318 1,872 |
|---|---|---|
Page 5
SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS (cont'd) FOR THE YEAR ENDED 31ST DECEMBER 2024
| 6 Charity Fund Donation to Tear Fund Donation to EnhanceAble Donation to Barnabas Fund |
2024 2023 £ £ - 200 - 500 - 1,000 |
|---|---|
| - 1,700 |
|
| 7 Property Fund 2024 2023 £ £ Property Utilities (244 Malden Way, KT35QU) 3,420 3,363 Property Sundries (244 Malden way, KT35QU) 732 1,807 The Church raises specific funds from the congregation to make donations to charities, including Tearfund, World Vision, Trussell Trust, etc for various charitable purposes. In 2024, the Church changed its presentation to offset the donation payments against the funds raised, to align with its operational model. In view of the immaterial presentation impact, the prior year's presentation is not restated. |
|
| 4,152 5,170 |
|
| 8 Pastoral Fund Contribution to Pastoral staff salary Personnel |
2024 2023 £ £ 44,206 18,626 48,658 32,247 |
| 92,864 50,873 |
|
| 9 Charitable donations CACU (UK) General Fund CACU Mission Fund |
2024 2023 £ £ - 13,345 - 6,746 |
| - 20,091 |
|
| 10 Church ministry Baptism Sunday School Special Ministry Pastoral Care Outreach Fellowship Group Youth Group Church activities |
2024 2023 £ £ 491 255 721 195 4,058 16,595 662 399 873 661 1,886 3,895 3,633 8,581 745 - |
| 13,069 30,582 |
|
| 11 Honorarium Speaker Fee Travel Sundries |
2024 2023 £ £ 200 350 320 481 - 9 |
| 520 841 |
|
| 12 Special projects and programmes Courses and Training Lay Leadership Training Program CACU (UK) Retreat |
2024 2023 £ £ (70) 445 1,000 1,413 - 694 |
| 930 2,551 |
Page 6
SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS (cont'd) FOR THE YEAR ENDED 31ST DECEMBER 2024
13 Administrative expenses
| 13 Administrative expenses Legal & Professional Phone Postage and Stationery Travel & Mileage Office Equipment & Maintenance Sundries Website 14 Sundries Refreshments Others & Holy Communion 15 Unrestricted fund Balance b/f Movement in the year Transfer to designated funds Balance c/f Unrestricted Fund is composed of General Fund only.* 16 Designated funds Mission Pastoral Property Fund Fund Fund £ £ £ Incoming Resources 5,960 18,484 116,120 Resources Expended (9,627) (92,864) (4,152) Movement in the period (3,667) (74,380) 111,968 T/F from General Fund 11,555 38,516 - Balance b/f 21,495 (18,326) 196,946 Balance c/f 29,383 (54,190) 308,914** |
Charity Fund £ - - - 300 1,870 2,170 |
Theological Fund £ - - - 2,400 9,000 11,400 |
General Fund £ 602,940 173,141 (52,771) 723,310 ST Mission Fund £ - - - - 70 70 |
2024 £ 1,252 470 149 470 4,878 607 338 8,164 2024 £ 39 92 131 2024 £ 602,940 173,141 (52,771) 723,310 2024 Total £ 140,564 (106,643) 33,921 52,771 211,055 297,747 |
2023 £ 989 512 191 380 1,405 - 130 3,607 2023 £ 75 332 407 2023 £ 506,857 125,336 (29,253) 602,940 2023 Total £ 35,137 (59,615) (24,478) 29,253 206,281 211,055 |
|---|---|---|---|---|---|
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.
Theological Fund
This is reserved for supporting the congregational members who study Theology.
Page 7
SOUTH LONDON ALLIANCE CHURCH NOTES TO THE FINANCIAL STATEMENTS (cont'd) FOR THE YEAR ENDED 31ST DECEMBER 2024
17 Employees
| The average monthly number of employees during the year was: Personnel costs Wages and salaries Other pension costs and allowance |
Number 2 2024 £ 37,977 10,681 48,658 |
Number 1 2023 £ 30,796 1,451 32,247 |
|---|---|---|
There were no employees whose annual remuneration was more than £60,000.
Page 8
SOUTH LONDON ALLIANCE CHURCH
INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
I report on the financial statements of South London Alliance Church for the year ended 31 December 2024.
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
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the accounts did not accord with the accounting records; or
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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 18[th] September 2025 Greenfield Accounting 100 Greenfield Avenue Surbiton KT5 9HS