OFFICIAL
nese Church in London
IA compony limited by guaranteel
Charity number 1107568
Company number 05285135
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2020

OFFICIAL
CHINESE CHURCH IN LONDON
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
I DECEMBER 202
INDEX
Page
Report of the Trustees
Independent Auditors, Report
13- 15
statement of Financial Activities
16
Balance Sheet
17
statement of Cash Flows
18-19
Notes to the Financial Statements
20-31

OFFICIAL
Poge I
CHINESE CHURCH IN LONDON
REPORT OF THE TRUSTEES
The Board Ithe trustees and direclors of the charitable companyl presents the combined directors,
report and trustees, annual report. os required by compony low. together with the oudiled financiol
stotements of Chinese Church in London for the year ended 31 December 2020. The linoncial
statements have been prepared in accordance with the accounting policies set out in Note l and
comply with the chority's trust deed, applicable low, relevont accounting standard5 including the
requirements of the Statement of Recommended Practice. Finonciol Reporting Standard applicable
in the UK ond Republic of Irelond IFRS 1021, "Accovnling ond Reporting by Chorities"
I. REFERENCE AND ADMINISTRATIVE DETAILS
BOARD MEMBERS
DIRECTORS AND TRUSTEES
The following held office os directo￿ Itrusteesl from l Jonuory 2020 to 31 December 2020-
Choirmon:
Company Secretary:
Treasurer..
Other Board Members:
Elder Peng Chiew Wong
Wing Tsee Alice Szeto
Vincent Joo Keng Lim
Revd. Teck Sin Lau
Elder Oliver Hing Yee Tong
Deacon Che Sheung Wong Ichoirmon from 19 Moy 20211
Susona Tung Chu Chung Wong (to 26 Sep 20201
SENIOR STAFF MEMBERS
Senior Pastor (Acling)-
Pastor..
Elder Olivei Hing Yee Tong
Revd. Teck Sin Lau
BOARD mE￿ING ATtENDEES
Dlreclcff of Admlnlstration & Flnance:
Linda Lim
Chun Foi Polric Mok (from lJonuory 20211
REGISTERED CHURCH ADDRESS:
69-71 Brook Green
London W6 7BE
AUDITORS-
Knox Cropper LLP
65 Leadenholl Street
London EC3A 2AD
BANKERS:
Borcloys Bank PLC
Kingston 2
Leicestershire LE87 2BB
Virgin Money
Jubilee House,
Gosforth.
Newca511e Upon Tyne NE3 4PL

OFFICIAL
Page 2
CHINESE CHURCH IN LONDON
REPORT OF THE TRUSTEES
CONTINUED
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governin
Document
The Church is o choritoble compony limited by guoronlee, incorporoted on 12 November
2W4 and registered as o charity on I l Jonuary 2005. The compony's Articles of Association
wos updoted in 2019 occording lo the Componies Act 2006 ond the Choritie5 Acl 2011
with the help of the solicitors of Lawson Lewqs Blakers Ltd.
The updated Articles of A5sociothon120191 were approved by Church members by voting
at the 2019 AGM on 21st September 2019. filed wth Companies House on 9 Oclober 2019
ond regi51ered with the Chority Commission.
In the event of the compony being wound up members ore required to contribute an
amount not exceeding £1.
The Chinese Church in London Bye Laws120121 have also been updated according to the
Articles ol Association ol Chinese Church in London120191. reflecting the current structure
ond proctices of the Church. The updated Bye Law5 were circuloted to Church members
for information and presented al the 2020 AGM on 26 September 2020.
Governln
Bod
The directors of the compony ore olso chority trustees for the purposes of chorify low and
under the company's Articles ore known os members of the Boord. The Boord is the
governing body of the Church. It has overall responsibility for strotegy and deci5iorFmoking,
directing the affairs of the Church, and for the efficient running ol its operations. The Boord
mee15 every 2 monlhs.
The Board consists of the following spirilvolly motvred leoders:
Elected Postor Board members-
Senior Pcstor lex-officiol
o Pa5torl51
Elected officers-
Secretory lex-olficiol
Treasurer lex-officiol
Additional elecled members
Board meeling attendees
The Director ol Administration & Finonce has been invited lo attend all Board
meetings to 05S15t the Board in all administrative and finonciol matter5.
Allendeelsl invited to ollend Board meetings from time lo lime do not have
voting rights in the Boord's decision moknng process.

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Page 3
STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)
The Boord is supported by the followng committees:
Senior Postor's Office ISPOI A full time manogement body con5iSting of the Senior
Pastor ISPI. Director of Administration & Finance and selected members to assist the
sp to execute decisions mode by the Boord Ichurch Boordl- 11 0150 hos the
responsibility of looking after the pastoral stafl in Ihe area of deployment and
responsibililies.
Ministries and Congregation Committee IMaCI consisting of heads of oll Church
wide minislries and representativesfrom all Congregotion Councils. The Moc had not
been meeting due lo proctical lime difficulties. and communication with the
ministries ond congregolions hos been perfomed vio the slofl team. The Boord is
considering holding Mac meelings in a different format to facililate more direct
communication wlh congregalion leaders. Church-wide ministries heods and
pastoral staft.
Administration & Finance Committee IA&FI A&F consisls of members who are
experienced in at leost one or more administrolion or finance functions.
Tru51ee A
ointment Induclion and Trainin
All new Iru51ees of the Church shall be nominaled by the existing Boord ond their
appointments shall be approved by a General Meeting. All new Irustees will be given
inlormotion about the responsibililies of being o tTuslee when they first join the Boord. New
trustees ore provided wqth
a copy ol the Church's Articles ol Association
a copy ol the Church's Bye Laws.
guidance on the responsibilities of trustees.
The Church has ongoing training programme for the Trustees to enhance govemance skills.
anlsational Slructure
The Church has I I Sunday Services across 5 locations= Hammersmith, Soho. Colindale,
Croydon and Hounslow. These services ore run by 6 Congregation Councils. Eoch
Congregation Council consists of a postor andlor postoral worker, Elders, Deacons,
Congregation officers (Secretary. Treasurer. Carelinks Representative and Mission
Representothvel ond heods of voriou5 deportments. A Working Committee moy be formed
in each congregalion to lead various departments and fellowships. Each congregation is
given the responsibility lo decide the best strategy and methodology lo outreoch, ond lo
provide pastoral care. leaching ond Iraining lo their members and worshippers.
The Administration and Finance Committee meet5 every 3 months. It consists of members
who are competent in one or more of the following disciplines.. finonce. legol. human
resources, infornotion technology IITI. ovdio vi5uoI IAVI. building monagement and
communications. Tre committee is given the responsibility lor supporting the Church
ministries with the obove functions. It also sets up policies to monitor and opprove expenses
for the Church.

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Poge 4
Or
anisotional Slruclure
CONTINUE
The Carelinks Committee ond the Mission Concem Team IMCTI are headed by the
Carelink5 Secretary and Mission Secretary respectively. Each teom consists of
representatives from vorious congregations and normally supported by a pastoral gtaff as
on ex-officio. The Corelinks Committee helps the Church to focus on the 50cioI concerns
in our society, initiates ond recommends social projecls and financial support. The MCT
helps the Church to raise awareness of wotld mission. to send and support missionories in
dilferenl parls of the wodd.
The Church employ5 20 full or part time staff comprising the pastoral and administrative
staff. The staff teom is headed by the Senior Pastor and assisted by the Centre Pastors.
Elders ond the Director of Adminislrotion ond Finonce. In the absence of o Senior Postor,
the role is fulfilled by Ihe Acting Senior Paslor (Church Elderl, appointed by the Board and
supported by other Church Elderlsl- The Senior Poslor's Office ISPOI. which consists of
pastorl51, the Director of Administrotion ond Finonce, ond mature spiritual leaders
appointed by the Senior Postor or the Boord. supports the Senior Pastor in ministry reloted
motters ond stoffcore. The postorol stoff supportthe wellbeing of voriou5 congregotions by
providing pastorol care. visitation. preoching. teoching ond training to the members. The
Director of Administrolion ond Finonce ond hei teom ore responsible for the doy lo doy
running of the Church Office. building management and provision of 5UPPOrt to the
ministries of the Church.
Rlsk Mona
ement
Being aware ol their responsibilities lor risk assessment. trustees periodically review the
procedures for evaluating the risks 0sSOCiOted wlh the Church'g operoting octivilies, ond
also review onnuolly all insurances lincluding ollice. fire and general safety). as well as the
terms ond condition5 of employment of stoff. The intention is to develop o comprehensive
risk 05ses5ment manual which will identify oll the significanl risks which the chority foces and
the measures in ploce to miligale Ihese risks. Two of which are the impact ol Brexit. and
the Covid-19 pondemic in 202012021 which has been a major risk thot Ihe church needs to
manage. As a charity. we are committed to maintain the level of services in ourcommunity
but at the some time we monitor our expenditLJre ond humon resources in order to lulfil our
vision and objectives.
PUBLIC BENEFIT
The Church provides o spirilvol home lo Chri5tions close to home ond from obrood. The
Church preoches the Gospel ofJesus Christ and teaches the Doctrines of the Christion faith
in three different longuoges but not exclusive to Chinese in ond oround London. Locol
communities can benefit from the Church oclivilies such as the octivilies mentioned above
and education conferences. The Church provides core. friendship ond a community life
to Students, families and those who are in need.
The Boord confirms Ihot it hos token into occount the Charity Commission's general
guidonce on public benefit when reviewing Ihe Church's objectives and in porliculor
considers how planned octivities contribute to Ihe achievement of these objective5.

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Page 5
CHINESE CHURCH IN LONDON
REPORT OF THE TRUSTEES
CONTINUED
OBJECTIVES AND ACTivifiES
The Chinese Church in London was founded os an unincorporated chority in 1951 by the
late Pastor Stephen Y. T. Wang. Chinese Church in London. an incorporated charity
presumed the octivities and net Q55ets ofthi5 unincorporaled chority on l Jonuory 2011. The
mission of the Church is to become an 'lntenlional D￿cIple-MakIng Church" Therefore in
2017 we set our Church vision 05.. We exist to moke disciples of Jesus to trarnsfom London
and the wodd. The objects of Ihe Church are:
lo preach the Gospel ol Jesus Christ ond to leach the Doctrines of the Chrislion Faith.
primarily, but not exclusively to the Chinese in and around London-,
to provide 0 5pirituol home for primorily Chinese Chri5tion5 in ond around London..
to cooperate with Christian churches and Christian organisation5 who share the
some doctrine of failh..
to further the cause of Christ on the mission field worfdwide-,
to provide facililies for Ihe use of the Chinese and English languages in worship and
the work of the Church..
to promole the welfare primorily. though not exclusively. of Chinese in ond oround
London, in recognilion of the Gospel of Jesus Christ.
In supporting the obove objeclives. Ihe long lem objectives of the Church ore to..
build up the believers in foilh ond send them ovl Io serve the community ond other
believers at home and abroad.
equip the believer5 50 they would multiply Iheir foith wherever they moy go.
adopt and implement the Intentional Disciple Making Church IIDMCI model in all
congregolions.
In the short and medium term. the objectives of the Church are lo..
increose regular Sundoy worshipper5 to 1.4(KJ including odults ond children
increase the number ol believers being boptised in the Church lo 60.
In achieving these objectives. the Church encourages volunleers to seNe. participate and
lead in the various ministries including pastoral team. fellowship. worship. Bible studies.
teaching and training, etc. They also provide leadership in committees such as the Board,
Congregation Council. Working Committee. Administration & Finance. Carelinks. Mission
Concen Teom. Oulreoch Aclion Teom ond The Next Generolion Ministry. Serding in the
Church is part ol Christian life ond il is one ol the woys lo show our love for God. The
volunteers ore on essentiol force for the development of the Church's ministries.
The Church offers grants from Theological Education Fund and Mission Fund to certain
people or orgonisolion5 to contribule to the 5ucce55 ol our objectives. We have set
procedures and policies to ensure gront receivers ore committed to the work of Christ and
in line wilh our objectives. Moreover. mentoring ond/or proyer gupport are olso given to
these individuals or organisations.

OFFICIAL
Poge 6
OBJECTIVES AND ACTIVITIES (CONTINUE)
To support the activities organised during the year. the Chvrch employs pastorol and
administrative stoff lo provide core. oulreach yogromme. community projects. conduct
services and manage Ihe Churchs properties and finances. Thisyearwe have spent a tolal
of £1.216.922 on slafl. aclivilies. maintenance and events.
ACHIEVEMENTS, PERFORMANCE AND HOWTHE CHARifY HAS DEUVERED PUBLIC BENEFIT
The Church celebrated the 69th anniversary on 12 January 2020. The speoker of the
ornniversory service. Revd Kim Lau from Monchegter Chinese Chrigtion Church. preoched o
powerful sermon that encouroged CCIL lo become a proying church to toke the gospel
to the unreached.
During nolionol lockdown due lo the Covid pondemic. our Church centres were closed lo
visitors from 22 Morch 2020. All Sundoy services and church octivities continued to run
online. The pastoral and admin slaff leam worked from home os much 05 possible and
most of our minislries continued. The English Congregatiorn in Hommersmith resumed their
on-sile Sunday Service at Hammersmilh from 13 Septemberto 13 December 2020, and had
to close down ogain becouse of the second lockdown in England due to increosing Covid
cases. Strict sociol d￿lancIng ond safety meosures were proctised when the Worship and
Ministry Centre in Hammersmilh wos open for Sunday service.
Average weekly Sunday
Service attendonce
5Jan-151A
Belor• lockdown
2019
2018
2017
Adult
Kids
Teens
780
61
84
1.013
174
94
1.017
127
69
1,010
63
129
Tot(
1.281
1213
1.202
Total number ol new
comers/ visitors
127
1.384
1.168
,136
Avèragè wèèkly IOnlinÈl
Sunday Service attendance
vla YOUTU￿ & Zoom
Average in 13 weeks
12213 - 1416120201
Av•rag• In 28 we•k$
12116 27112120201
Average in 16 weeks
12116- 27112120201
Average in 8 weeks
12116- 27112120201
Cantonese
Sep4ice
Mandarin
English
Service
Thè Nèxt
Generation
TNG
Physical
attendees
Total
596
214
1,116
312
142
62
62
33
The 2 lable5 above record the amendonce of physical Sunday services before lockdown in
March 2020-, and the average atlendance of Ihe online services in 3 languages during

OFFICIAL
Poge 7
ACHIEVEMENTS. PERFORMANCE AND HOW THE CHARITY HAS DELIVERED PUBLIC BENEFIT
(CONTINUE)
lockdown. Our online Sunday Services have attracted attendee5 from other churche5 and
mony views during the week when the recorded video remains online (English-. up to 400
views.. Cantonese= up to I C(K) viewsl- It is our intenthon to continue broadcasting our Sundoy
services online for a period after we have resumed physical gathering in order to serve
those who. lor any reason. ole unable lo oltend church physically.
In 2020. with strict hygiene meosures. the Church held 2 Baptism Services on the 19th & 20th
December. A total of 9 candidates were bopti5ed during the yeor12019.' 741.
During the Covid pondemic. the Church hog orgonised procticol support to fellow
Christians and the local communities ol our church centres by delivering focemasks,
sanitation products and grocery to people in need. and through providing advice and
supporl over the phone.
In response to the high numberof new immigrants from Hong Kong in 2020 ond Ihe first holf
012021. the Church hos held many online events lo welcome. provide information and
offer procticol ossistonce lo Ihese new immigrants ond their fomilies to odjust to life in the
UK, ond, if they wish, to make the Church their spiritual home.
Mi$5ion Secretory Mission Con¢efn Team Report
Mission Fund
Isaioh 43.16 This is what Ihe LORD says - he who mode o woy through the sea. a path
through the mighty wateT5,
Due to pondemic5 in 2020 ond wth no phy5icoI services, MCT hos mue opportunities to
share ourmi￿10rnQry'S news across all congregations via online plafform. MCThas hosted 15
Zoom prayer sessions with our missionaries ond congregantg. MCT olso hosted three
different languages workshops with our mi55ionories and mission portner.
Due to pandemic5 MCT musl organi5e the Mission Conference in hybrid model. such on
honour to have Rev Brian Lam from Fort Bend Chinese Church to be our Keynote speaker
for oll Ihree longuoge5. Fun ond leorning time ot the Friday Quiz ond After Church
Fellowship with our keynote speaker Rev Brian.
Due to pandemics, there ore no physicol services ond offertory to Mission Fund. We were
still short for the first eight months-. God answered our prayers lo have enough lo support
our missionaries ond mission orgonisolions. Bul God provides more thon whol we budget
in the last quarter.
Dr Peter Chow Memorfal Mlsslon Educallon Fund
2 fimonthy 3-16-17
All Scripture is God-breathed and is useful for teoching, rebuking,
correcting ond troining in righteousne￿. so Ihal the servont ol God may be thoroughly
equipped for every good work.

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Page 8
ACHIEVEMENTS. PERFORMANCE AND HOW THE CHARITY HAS DELIVERED PUBLIC BENEFIT
(CONTINUE)
Proise our Lord MCT hos provided finonciol suprx)rt for four mi%sionories to equip them in
different areas for Grace Chan in Hong Kong. May Wong in New Zealand, Denise and
stephen Wong in UK. Three of them will complete their courses in early 2021.
Corellnks mlnlstry and Corellnks Fund
The Carelinks Ministry financially supported TearFund. CEDAR Fund. Chrigtian Centre for
Gombling Rehobilitalion ICCGRI. Chinese Associotion for Concer Core ICACACAI and
Tomor os port of it5 50cioI concem aclivitie5. In 2020, the church donated £ 39,873 to the
above orgonisations12019.' £ 41.4971 upon collection into the Carelinks Fund. Our larget
in 2021 is £ 42.(XK>. Other social projects undertoken included the Operotion Christmas
Child from Samorilon's Purse and Ihe &derly & Vulneroble People Caring Group organised
by CACACA. Postor CK Cheung, David Chou locting secretaryl ond the Corelinks teom
appreciate the support ond donation from the church family. May we continue lo oct
justly ond lo love mercy. He has shown you. O mortal, whot 15 good. And whot does the
LORD require ol you? To act juslly and to love mercy and to walk humbly with your God.
Micah 6=8
The Next Generation Mlnistry
We proise God lor the 21Y2(k21 ministry yeor for our Kids Church and Youth Ministry groups.
We continue to encouroge familie5 and the whole church community for inter-
generational discipleship.
Last June, the whole church family wos invited to join together in proying for The Next
Generation over Zoom. Besides sharing about the cutTent needs and future ol our ministry.
we had breakout rooms for people to pray in their own languoge.. Cantonese, Mandarin,
or English. Thiswos part ofour Intergenerational Church Weekend which included a special
sermon messoge on family discipleship for Falher'5 Doy. Our TNG lomilies were 0150 gifted
with a small booklet "Dear Child.. WTitten by Professor Paul Chung. to help families build a
closer relotionship with God our Heovenly Fother.
While our big calendorevents such os Youth Easler Comp and Youlh STM hove either been
cancelled or postponed again this yeor, we continued wth our colloborotive TNG Sundoy
seNice. Bible study groups. fellowships. ond prayer time wth parents online. Our TNG
Postorol teom took in feedback from leoder5 and youth and odopted the monthly format
this year lo include a ￿0-week leaching session. a ponel session. and o fellowship/games
session. Our 2021 monlhly series included themes like "When the Unexpected Hits." When
the World Needs YourAltenlion." When You're Questioning Failh," When You Feel Stuck,"
ornd "When Relalionshipg Gel Complicoled."

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Poge 9
ACHIEVEMENTS, PERFORMANCE AND HOW THE CHARITY HAS DELIVERED PUBLIC BENEFIT (CONTINUE)
With the graduol ease ol govemmenl re5triction5. our youth rninislry has been able to hold a couple
ol our onnuol event5 in-per50n such os our end ol yeor Yovth Cekbrotion where we recogni5ed
three youth graduotes os well as leoders tronsilioning out of youlh ministry. and more recenlly. our
Sixlh Foimet5 Hiking Trip. Two ol our CCIL ¢entie5 Icofindole ond CToydonl hove re-opened during
the summer. with youth ar)d kids ministries there resumir)g ph￿icallY. and other congregotions, re-
opening dotes will follow in August ond September. Colindok wll be hoving o Kids Comp in August.
outreoching to both kids and parents.
We'd like to thank the church family for partnering with us in our vision to see a generation rise up lo
live OLJI o losling lailh in Jesus Christ. Please continue lo proy lor our Kids Church ond YoLJlh Ministry
groups. especially as we seek the Lord'5 leoding for a tre5h approach - nol just in our ministry bul in
how we disciple oll generotion$ 0$ o whole church. Proy thot God would send willing helpers lo seNe
in the next generation. particularfy as we See thi5 ministry growng in every congregation. And proy
Ihol the next generolion would be eoger to gother ond connect- with God ond with each olherl
PLANS FOR FUTURE PERIODS
The Bo(Yd has idenliffed and endorsed Ihe lollowng 3 PRK)RmES:
GOVERNANCE". Strengthening the ¢urrent govemon¢e os heoded by the 8oord $0 thot the
whole ChLJrch with ils vorious centres and congregotior15 moy serwe the Church community
wilh greater alignmer)t lo ovr vision and priorities and wrth a 51ror)ger sense of corporate
identity.
The Board has produced the ordination poficy which has been used lor the ordinalion ol
Paslor Oliver Knight. The Board is putting in place slaff supervision and line-management to
improve sloff welfare and accounlabilily.
Invest in Future.. We anticipate the consequences of the Covid-19 outbreak in February 2020
ond the events leoding to the lockdown ol London City will hove o long term impoct on the
Charity in the coming yea￿. We will adjust and adapt to contingency measure5 and new
WOy5 01 operoting to lullil our objectives_ The Church currently rneet5 in centie5 over five
geographic locatior)s. Each centre is PToviding services in three languages.. Mandarin. English
& Contone5e. The nexl generotion is increogngfy tnvlti-¢ulturol ond their friends reflect the
diversity of London. This hos presented chollenges in that eoch centie-based leadership now
hos lo serve the locol church community in o diverse monner. The next generation is also
very adoptable to new technology ond online gatherings. The Church hired a professional
Medio Worker in ?020 during the Covid-19 lockdown to hondle the surge in clemond in
streaming and AV recording. The church is investing in a recording studio. upgrading the AV
equipment in all cenlres and in the process ol building up on e-librory ol leaching materials
to SVPPOrt our disciple-making proce55. Launching of the CCIL YouTube channel also helps
the Church connect lo new oudiences. We will review our deployment and recruilmenl ol
P05torol slolf. including voluntory worker5 $0 thot the centie5 iemoin 'open' to communitie5
online or in smaller groups. The Church will idenlily. train ond mentor capable staff members
and volunteers to rise up to the challervJe5 and take on leadership role in each centre.

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6. PLANS FOR FUTURE PERIODS {CONTINUED)
Mlnlstrles.. As a church we believe thot the spiritual wellbeing is of importance to all
the charity work and ski115 we perform. In the coming yeor, we will promote regular
corporate and individuol prayer groups in each centre. We will also improve and
consolidate the biblicol teaching ￿ Ihot our members would receive the spiritual
nourishment they need, and we also make effective use of the available resources.
This is in-line with our growth 09 on Intentional Disciple-moking Church IIDMCI. The
focus is to help every believer to become o disciple of Christ. In the coming year, the
Church will empowereach congregotion lo implement Iheirdisciple-making process
in are05 of Mentoring, Teaching & Training, Smoll Group5, Worship and Next
Generation. As a Charity we are also aware of the needs in ourcommunities. In the
coming yeor we will work wilh community projects to provide support Icoring ond
financiall to people affecled by Ihe economic downlum, illness and losses, such as
counselling services. elderfy fellowships. English classes and collaboroting with para-
church organisations to deliver the services. We continue to hove o Memorandum
of Understanding with Chinese Overseos Christion Mission ICOCMI for sharing of
informalion ond resources.
FINANCIAL REVIEW
There was no significant change in church operation and number of staff. The Church
report5 a net deficit of £71,204 for the financial year compared to the previou5 year's
£260.165 reported surplus.
Donations and rental income are essential to assist the church to achieve its objectives. As
a result ol oll choritoble octivilies in cutrent ond previous years. the accumuloled
Unrestricted Fund reserve to-dote is £864,909. On this bolonce, £1,736 is the net unrestricted
income from Ihe currenl financiol year. The Irustee5 hove estoblished o policy which oims
to ensure Ihat Unreslricted Funds are in a breakeven situation each yeor. The reserrfes in
the Unreslricled Fund will be used where necessary lo fund ony deficit arising in lulure
operotion5. The trustees are comfortoble with this level of Unrestricted Fund5 ond ore
confident that this level ol funding can be sustained in the foreseeable future.
Restricted Funds reserves is £5.344.291. In Ihis reserve. £72.940 relales to net deficit of all
restricted funds in the current rinanciol yeor.
The board hos reviewed the impact of Covid-19. Based on the infomiation available to
June 2021, olthough Covid-19 hos offected the income of the church, the impoct 15 not
significant. In oddition. we hove sufficient reserve in all funds. Iherefore it is not necessary
to revise the budget for 2021.
The Church contributed to defined contribulion pension schemes for oll employees. The
ossets of Ihe scheme are held separately from those of the charity in on independently
administered fund.
The Articles ol Association empower the Board to invesl cash which is not immediolely
required. We hove decided lo invest into o sovings occounl ond oim to gernerote interest
income.

OFFICIAL
Pagell
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees Iwho are olso the Directors of Chinese Church in London) are responsible for
preparing the Annual Report and financial statements in accordance with applicable low
and United Kingdom Accounting Stondord5 (United Kingdom Generally Accepted
Accounting Praclicel. including Financiol Reporting Slandord 102 "The Financial Reporting
standard applicable in the UK ond Republic of Irelond"
Company law ond the low
applicable to charilies in England and Wales require the Trustees lo prepare financial
statements lor each linonciol year which give o true and foir view ol the state ol afloirs of
the Choritable Company ond of its incoming resources and application of resources,
including its income ond expenditure. for thal period. In preporing these financial
stotements, the Truslee5 are required to-_
Select suitoble occounting Fx>licies ond opply them consiSten￿y.'
Observe the methods and principles ol the Charities SORP..
Make judgements and estimates thot are reasonable and prudent..
State whether applicable accounting standards have been followed, subject to any
moterial departures disclosed ond exploined in the financiol stotements.. and
Prepore Ihe finonciol statements on a going concem bo5is unles5 it is inappropriate to
presume thal the Charilable Company will continue to operate.
The Trustees are responsible for keeping proper accounting records which disclose with
re050noble occurocy ot ony time the finonciol position of the Charity ond enoble them to
ensure thot the linoncial statements comply with the Companie5 Acl 2006, the Charity
IAccounts and Reportsl Regulotions 2W8 ond the provisions ol the trust deed. They are also
responsible for safeguarding the osset5 of the Chority and hence for toking reosonoble
steps for the prevention and detection of fraud and other irregularities. Under Company
Law the Trustees must not approve Ihe finonciol 5totements unle55 they ore 5ati5fied that
they give o true and fair view of the state of affairs of the charitable company and of the
result of the company for thot period.
The Trustees confirm thol. in the case of each of the persons who are Trustees at the dote
of this report, Ihe followng applies=_
So for os each Trvslee (Director) 15 aware Ihere ￿ no relevanl oudit information
linlormation needed by the Company's auditors in connection with preparing their
report) of which Ihe Compony s ouditor5 ore unowore: ond
Eoch Trustee IDirectorl hos token oll the steps necessary lo moke herselflhimself
oware of any relevant oudit information and to estobli5h thot the Company's
oudilors ore awore of thot inlormolion.

OFFICIAL
Poge 12
AUDITORS
A resolulion to re-oppoint Knox Cropper as ouditors of Chinese Church in London will be
pul to members ot the forthcoming Annual Generol Meeting.
This report hos been prepared in accordonce wtt) the special provisions of port 15 of the
Companies Act 2W6 relating lo small companies.
Approved by the trustees and signed on Iheir behall by.
Chalmian
Elder Peng Chiew. Wong
15 August 2021

OFFICIAL
Poge 13
INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF CHINESE CHURCH IN LONDON
Opinion
We have audited the financial statements of Chinese Church in LorKlon (the 'charitable company I for the
year ended 31 December 2020 vthich comprise the Statement of Finanaal Activilies, the Balance Sheet,
Statement of Cash Fkjws and noles to the financial statements, inclLJding a summary of significant
accounting policies. Thefinancial reporting framework that has been applied in their preparation is 8pplicable
law and United Kingdorn Accounting Stsndards. I￿lUding Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland. Iunited Kingdom Generally Accepted
A¢¢¢xJnting Pra¢ti¢el.
In our opinion Ihe financial statements-.
give a true and fair view ol Ihe state of the charitable companrfs affairs as at 31 December 2020 and
of its in￿rne and expenditure for the year then ended.,
have been properly prepared in accordance United Kingdom Generally Accepted Accounting
Practice.. and
have been prepared in acc(xd8nce vthh the requirements oflhe Companies Act 2006.
Basis of opinion
W8 conducted OLJr audit in accordance with Int8mational Standards on Auditing IUKI IISAS IUKII 8nd
applicable law. Our responsibilibes under those standards arefurtherdescribed in the Auditor's responsibilities
for the audit ol the financial statements section of our reFN)rt. We are independent of the charitable company
in accordance wth the ethical requirements that are ￿levant to our audit of the financial statements in the
UK. including the FRC'S Ethiral Stsndard. and we have fulfilled our other ethical responsibilitie5 in accordanc8
with these requirements. We bdieve that the audit evidence we have obtained is suffiaent and appropriate to
provide a basis for our opinion.
Coneluslons r•laUng to golng concèm
In auditing the financial statements, we have th)cluded that the trustees, use of the going concem basis of
accounting in the p￿paratIOn of the financial statements is appropriate.
Based on the work we have perforn￿, we have nol identified any material uncertainties reL3ting to events or
conditions that, individually or collectively, may cast signtficant doubt on the charitable company's ability to
continue as a going concern for a peri(xl of at ￿ast twelve rIM￿th5 from when th8 financial statements ar8
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect tr) going concern are described in the
relevant secti￿5 of this rewxt.
other infomiation
The other inforniation comprises the inf￿rnat￿n induded in the annual report, olher than the financial
statements and our auditor's report therwn. The Irustees a￿ respK)nsible for the oiher infomiation.
Our opinion on the financial statem8nts does rK>t (X)V8r th8 other informab.on and we do not 8xpr85s any fortn
of assurance wnclusK>n thereon.
Our iesponsibilty is to lead the other information and, in doing so, (x)nsider whether the other infortnation is
materially In¢¢￿SiStent with the financial statemenls or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identrfy such material inconsistencies or apparent material
misstatements, we are required lo detem)ine whether Ihis gives rise to a material misstatement in the financial
statements themselves. M. based on the work we have perforrned, we conclLJde that there is a material
misstatemenl of this other infomiatiw. we are required to repxyi that fact. We have nothing to report in this
regard.

OFFICIAL
Poge 14
Opinion on other matters prescribed by the Cr￿panieS Act 21J06
In our opinion, based on the work undertaken in the course of the audit..
the infomation gwen in the Report ol the Twstees, which includes the directors, report prepared for
the purposes of company law, for the financial year for which the finanual statements are prepared,
is consistent with the financial ststements- arKI
the directors, report induded within the Report of the TnJstees has been prepared in accordance with
applicable legal reqU1￿Ments.
Matter5 on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in
the course of the audit, we have not identthed material mi5Statement5 in the dI[￿torS. report included wthin
the trustees. report.
Wé havè nothing tr) rewt in respect of thè folk￿￿ng matters wherè thè Companies Act 2006 requirés us to
report to you rf, in our opinion..
adequate accounting records have not been kept. or retums adequate for our audit have not been
received from branches not visited by us". or
the financial statements are nol in agreement with the accounting records and retums., or
certain disclosures of trust￿. remuneration specified by law are not made- or
we have not recewed all the infomation and explanations we require for our audit.
the trustees were not entitled to prepare the financial ststernents in accordance with the small
companies regime and take advantage of the small companies. exemption from the requirement to
prepare a Strategic Report or in rKepariThJ the Repk)ri of the Directors.
R8sponslbllltles of Trustses
As explained more fully in the Statement of Truslees. Responsibilities set out on page 11, the Trustees Iwho
are also the directors of the charttable company for the purposes of company lawl ar8 responsible for the
preparation of the financial statements and for being satisfied that they gwe a true and f8ir view. and for such
internal control as the trustees delermine is n￿SSary to enab￿ the weparalion ol financial statements that
are freè from matenal misstatement, whether due to fraud or errol.
In preparing the financjal statements. the Irustees are Tesp)nsible for assessing the charitable companys
ability to continue as a going concern, disdosing, as applicable, matters related to going concern and using
the going concem basis of accounb.ng unless the trustees erther intend to liquidate the charitable cotllpany 01
to cease operations. or have no realistic atternative bLrt to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance atout whether the financial staternents as a whole are free
from material misstatement, whether due lo fraud or error, and to issue an auditor s ￿port that includes our
opinion. Reasonable assurance is a high level of a&gurance, but is not a gLJarantee that an audit conducted
in accordance wth ISAS IUKI will always detect a material misstatement when rt exists. Misstaternents can
arise from fraud or error and are considered material if. indwidually or in the aggregate. they could reasonably
be expected lo influence the economic decisions of users taken on ihe basis of these financial statements.
Irregularities, Including fraud, are instances of non-C(xnpliance with kws and regulations. We design
procedures in line with our reswnsibilities. OUt￿ned above. to detect material misstatements in respect of
irregularities, Incl￿1￿ fraud. The extent to which our w(￿edureS are capable of detecting irregularities,
including fraud is detaI￿d below".
The Charitable Company is required to complywith both company law and chartty law and, based on
our knowledge of its actwities. we identrfied that the kgal requirement to accurately account for
restricted funds was of key Signif￿nce.
We gained an understsnding of how the charitsble wrnpany wrnplied with tts leg81 and regulatory
framework. including the requirernent to prO[￿rIY acc(xJnt for restricted funds. through diwussions
with management and a review of Ihe dctumenled p)licies, Pro￿dureS and controls.

OFFICIAL
Poge 15
The audit tearn, which is experienced in the audrt of charities, considered the charitable company's
susceptibility to rnatenal misstatement and how fraLJd may 0￿1r. Our wnsiderations included the risk
of management override.
Our approach was to check that all r8Stricted Ir￿0[￿ev￿dS property identrf18d 8nd separately accounted
for and to ensure that only valid and 8ppropriate expenditure wa5 charged to restricted funds. This
included reviewing joumal adjustments and unusual transactions.
A further description of our reswnsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. www.frc.o
.uklaudilorsres
nsibilities.This description fomis part of our
auditor's report.
Us• of thè audit rèport
This report is made SO￿lY to the charitable company's Th*mber in accordance ￿th Chapter 3 of Part 16 of the
Companies Act 2006. Our audtt work has been undertaken soth8t W8 might state to the charitable cotnpanys
members those matters we are requir￿1 to state to them in an auditor's repK)rt and for no other purpK)se. To
the fullest extent pemitted by law we do not accept u assume reskX)nsibility to anyone other than the
chaiitable company and the tharitable company's tnemberfor our audit work. lorthis report 01 lorthe opinions
we have formed.
Richard Billinghurst FCA
Senior Statutory Auditor
for and on behalf of Knox CroppeT LLP
Chartered AccoLJntants and Registered Audrtors
65 Le8denhall Street
London. EC3A 2AD
Date.. 1610812021

OFFICIAL
Poge16
CHINESE CHURCH IN LONDON ***•#%**
TATEMENT OF FINANCIAL ACTIVITIES
INCLUDING THE INCOME AND EXPENDITURE A
FOR THE YEAR ENDED 31 DECEMBER 2020-¥-¥**-E=+- ￿ A*
COUN
NOTE
UNestricted
Reslricted
Total Fund5
Total Funds
INCOAIE FROM
Fund5
Funds
2020
2019
**
Dondions and L￿0£1*$
801.487
265.175
l.1)66,662
1,451.086
Other Trading A¢tivilies
75,307
75,307
70,298
Investments
3.749
3.749
5.287
TOTAL INCOME
265.175
1.145.718
1,526.471
EXPENDITURE ON
Roislng Funds X
Charlloble Acthvltles
21.962
878.807
338.115
1.216,922
1,244,544
TOTAL EXPENDITURE
878.807
338.115
1.216,922
1,266,506
NET INCOME/IEXPENDITURE) AND NEr
MOVEMENT IN FUNDS FOR THE YEAR
1.736
(72.940)
(71,204)
260,165
RECONCILIATION OF FUNDS:
Balance b/f (rt 1st January
2020
863.171
5.417.233
6,280,404
6,020,239
Balance clf ot 31st
December 2020 **
£864.907
£5.344.293
£6.209.200
£6,280,404
All oclivities reported obove ore conlinuing activities.

OFFICIAL
Page17
CHINESE CHURCH IN LONDON tI**•z•*
BALANCE SHEEr=¥=¥**=A-t- H XEAfflT£
AS AT 31 DECEMBER 21r20
FIXED ASSETS
Tongible Fixed Assets
Lond ond buildings
Building irnprovement5
Fixtures & Fillings
Office Fumiture and Equiprnent
3.134,242
1.921.998
3.189.953
1.990.716
21,717
19.076
825
5.076.141
5,203.630
CURRENf ASSErs
Debtors RlgA
Cosh al 8ank and in Hand
Is
77.263
106,057
1.330.591
1.436.648
16
1.395.223
1.472.486
CREDITORS- Amoun15
rolling due wthin one yeor £AgiwA
339.42
359.875
NET CURRENT ASSETS
1.133.OSg
1,076,774
TOTAL ASSEfs IESS CURRENT LIABILMES
0.209.Th1
6.280.404
TOTAL NET ASSETS Ila311
£6209.2CQ
£6.280.404
FUNDS 8
Unrestricted
Iz*
864.907
863.171
Restricted
18
5.344.293
5,417,233
TOTAL FUNDS a#
£6.209.2LXI
£6.280.404
The Finunciol Statements have been prepared in occordonce with the special provisions ol Port 15 01 the
Companies Act 2006 reloling lo small charilable companies.
The Financial Statements were approved by the Trustees on 13 August 2021.
Choirrnan (Eld￿ Pen9 Chiew, Wong)
Church Tre05Vter (Vlneenl. ilm)
Company No. 05285135

OFFICIAL
Poge 18
CHINESE CHURCH IN LONDON
STATEMENT OF CASH FLOWS=¥=¥*t=R-*-s
AS AT 31 DECEMBER 21720
2020
2019
NET CASH PROVIDED BYI(USED IN) OPERATING
ACTIVITIES
67.239
223,608
CASH FLOWS FROM INVESTING ACTIVITIES
AÉIIIRÈr,
Investment Income
Purchose ol Property. Plonl & Equipment
3.749
5.287
*' ,
NET CASH PROVIDED BY/(USED IN) INVESTING
ACTIVITIES
46.951
(2.608)
(41,664)
CASH FLOWS FROM FINANCING AcnvrnES
Repayments ol Borromqng
NET CASH PROVIDED BY/(USED IN) FINANCING
ACTIVITIES
CHANGE IN CASH AND CASH EQUIVALENTS
IN THE YEAR
64.631
181,944
CASH AND CASH EQUIVALENTS AT
BEGINNING OF YEAR
1.330.591
1,148.647
CASH AND CASH EQUIVALENTS AT
END OF YEAR
tR3R*¥ffl#J
£1.39S.222
£1.330.591
ANALYSIS OF CHANGES IN NET
Loans converted to
dDnations
Asat
oiloi/z020
Cash flows
Asat
3Viz/zozo
Cash at bank IRt
Building Fund Interest-free loans
1,330,591
64.631
1,395,222
1282.(KK)I
1232,0001
TOTAL
1.048,591
114.631
1,163,222

OFFICIAL
Page19
CHINESE CHURCH IN LONDON
STATEMENT OF CASH FLOWS
CONTINUED
AS AT 31 DECEMBER 2020
RECONCILIATION OF NET INCOME
EXPENDITURE
TO NET CASH FLOW FROM OPERAnoNS
2020
2019
Net Income/(expendlture) for the yecx
171.2041
260.165
AdJvslments lor
Investment income
13.7491
133.846
15.2871
139.342
Depreciation lfr
IlncreosellDecreose in Debtor51 i / XJ)l
Increose in Creditors I i
28.794
16,9741
163.638
£223.608
20.448
£67.239
Investment Income
3,749
5,287
Purchase of Property. Planl & Equipment
16,3571
146,9511
CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR
64,631
181,944

OFFICIAL
Page 20
CHINESE CHLIRCH IN LONDON 1*S1*•¥•11•
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 DECEMBER2020=*=**t=fi=+-o
I.ACCOUNTING POLICIE5
lol
Bo$0 ol A¢¢ounting
These account5 have b￿n prepared ￿derthe historical c05t convention. in accoidance with the
Financial Rep(xling Stondord 102. the Componie5 Act 2(N16 ond the requirement5 of the Statement
of Recommended Practice. Accounting and Rep(xling by Charities IFRS lff21. rhe company is o
public benefit entity.
The trustees con5Kler thaF there ore rK) fTKJleri(J uncvFointie5 ab(xJt the Chority'5 ability to continue
os o going concern_ Ag detoli ed in nole 22. in f(￿ing this ormnion. they hove considered the
irllpact of the CoMd-19 pondemic on t)oth it5 incoTne ond expenditure for ot ￿a51 a period of
twelve ryK)nths from the dole ol opprovol of Ihese finonciol stotements.
The presentotionol currency of the finoncid sttslements is Pound Sterfing 1£).
Ibl Fixed Assets
Fixed ossets are disck)sed al cost net of depreoation to date. Assets transferred from Ihe
predece550r chority hove been recorded ot cost equivolent to their net book volve in the
predecessor charity ot the date of transfer.
Depreeltition
Depreciotion of fmed a55els 15 calcukjted on cosl (Jl rates estir￿ted to wTrte off the a55et5. by equal
instolments. over theirexpected wcrting Ives. Fixfures ond fittings on4 office equipment ore written
off on 0 5troight line tXJYs over 5 yeor5 ond 3 yeot5 respectively. Buildings ond building
improvements hove been deprecioted over the life ol the yoperty which hos been estimated ot
50 ye0￿. o result of o review of the depreciotion polcy. the in5tolled lrft 15 being written off over
itg remoining ugelvl life of 7 yeors_ Ihe cosl of improvements ol the United Reform Church ore
deprecioted over 20 ye0￿. Depreciation charges on assets transfe￿ed from the predecessor
chority continue lo be opplied on the bosis of cost lo the predecessor chorify ond the predecessor
chority'5 e51imale of econorrmc life.
Idl
Income
All income is recogrysed in the Stotement of Finonciol Activities once the chcritoble compony hos
entitl&menl to the funds. ony performnce condilions otloched to the items of income hove been
mel. il is proboble that the incorTE wll be received and the ornount can be measured reliably.
Donahons. covenan15 ond leg(Jcies ore credited to the accoun15 in the yeor in which they are
receivobk. grossed up lor tox recov￿0b￿ where apr*O￿lo1e.
Interegl is credited to the occovnts in Ihe yeor in wlich if is receiv0￿e.
lel Vulue Added Tux
ffte Charity is not reglstered for VAT and occordiryty. where appI￿at￿e. oll costs ond expenditure
incurred ore shown inclusive of VAT.
Funds
Unrestricted fund5 are those fund5. which con be used at the Truste￿. discretion. Restricted Funds
are lunds wh¢)se purposes hove been restricted by Ihe éonor.

OFFICIAL
Page 21
CHINESE CHURCH IN LONDON
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2020 -*-*¥+-A=+-
I . ACCOUNTING POLICIES (CONTINUED)
Igl Expendllure
Choritoble expenditure comprises direct expenditure ottributoble to the choritoble
objectives or activities and support cosls. Where costs cannot be altribuled. they have
been opportioned to choriloble objectives or oclivities occording lo the time or
resources spent on each. Support costs ore those functions that QSSiSt the work ol the
choritoble compony but do nol directly undertoke fundroi5ing or ¢horitoble octivities.
Support costs include general overheods ond governance costs (those costs incurred in
the govemonce ol the choritoble company ond ils ossels ond ore primorily associated
wlh conslitutional ond statutory requirements).
Ihl Grants
Grants poyable are charged in the year when the oller is conveyed lo the recipient.
Penslons
The Chority contributes to defined contribution pension schemes ond the pension chorge
represents the amount payable by the charity lo the schemes in respect ol the year.
til Key Judgements and Esllmales
lil Finonciol in5trurnent clossilicotion
The clossificolion ol finonciol inslrumenls. both ossels ond liabilities. os 'bosic' or 'olher'
iequiies judgement Q5 to whether oll opplicoble conditions os bosic ole met. Thi5 include5
the type ol inveslmenl or loon ond ils return. The Charity only has financial assets and
liabilitie5 01 o kind thol quolify os b05ic finoncial inslrument5. These ore initially recognised
al transaction volue and subsequently volued ol their selllement value.
lill Useful life of functional properties
The remoining useful life ol deprecioble properties is reviewed by monogemenl at each
reporting dale and. if r)ecessary. the depreciation charge adjusted accordingly.
Ikl short.term debtors and cred5tors
Debtor5 ore recogni5ed when the Chority 15 legolly entimed to the income olter ony
performance conditions have been mel. the amour)t con be measured reliably ond it is
proboble Ihot the income wll be received. Creditors ore recognised when the chorily
h05 o present legol or constructive obfigotion re5ulling from o post event to make
poyment to o third porty. it 15 piobobÈ thot settlement will be required ond the omount
due to 5etlle the obfigation can be measured or estimated reliably.
111 Cash and Cash Equi¥alents
Cash and Cosh Equivolents in the Stolemenl ol Finonciol Position comprise cosh ol bonk
ond in hond ond short tetm dep051t5 Wlth on originol maturity of three months or less. For
the purpose ol the Slolemenl ol Cosh Flows cosh ond cosh equivalents are as defined
above nel of oulstanding bank overdrafts if they exist.

OFFICIAL
Page 22
CHINESE CHURCH IN LONDON
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -?-?*+=￿=+-
DONATIONS AND LEGACIES
Unre$tricled
fund
Rethicled
Fund
2020
Tolol
2019
Toto
x*
Combined Seryice5 ¥.
Conlone5e
l(V.827
42952
152.779
184.588
Mondorin SIE
Engllsh
New Soho •*
Hounslow •*m>
Croydon
Collndale tyx
91.464
15.759
107.223
209.056
82.545
33.572
122.320
219.624
106.558
320.182
399.418
14.984
4.432
19.416
24.638
I￿2.443
42.764
I￿.207
182.073
58.776
11.632
70.408
121.824
£Pnl.487
7.%)6
129.330
£1.066.662
213.679
£265.175
£1,451.086
3. OTHER TRADING ACTIVNIES
2020
2019
Book sales
549
1.261
Rental
50.786
21.696
Sundry Income
Lunch mlnSstry Income
Education Conlerence Income #*ll•it
23.972
10,152
25.622
11.567
£70.298
£75.307
4. CHARITABLE EXPENDITURE
Dkecl Costs
JX
2020 Told
2019 Total
Note 6
Note
Po5torol
Outreach ISM
Welfare fa?J
Bulldlng
Total
279.312
116.426
395.738
422.553
269.515
52607
322.122
307.013
174.740
50,129
91.104
224,869
274.193
208.515
183.089
306.463
906.656
310.266
1,216.922
£1.244.544

OFFICIAL
Page 23
CHINESE CHURCH IN LONDON IA**•Z•#*
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -%-***-fi=*-
5101.EMPLOYEE COSTS r]iBJ
2020
2019
Stsl¢ries ond wtsgès
Soclal Security
Pens5on ll¢t*
Total Head Offlce Solarfes
577.621
551.828
55.851
52.703
28.898
27.708
£662.370
£632.240
The average number ol empk)yees during the yeorwas 2012019-. 211.
The Key management pewnnel of the Church ore those persons having aulhority and responsibility
lor plonning. directing ond controlling the octivities of the Church. directly or indirectly, including ony
trustee ol the Church. In addition lo the trustees. they comprise of the senior slafl members detoiled
in the Administrotive Deloils. The totol employee benelils including employer pension contributions
ol the key manogement personnel amounled to £47.264.12019: £44.4711.
No employee earned more than £60.(KX) during the year.
51bl. TRUSTEE'S REMUNERATION AND EXPENSES fr5*EX￿￿&
During the year. one 12019.. one) ol the trustees received remunerotion and expenses. However.
these payments relate to their copacity os paslus or spiritual ￿aders. ralher Ihan os Iruslees ol the
Church. It is on occepted proctice in religious orgorusotions lor the Ministe￿ to take on o¢tive role in
the Church Council to guide the Church in its oftoir5.
Remuneiation paid in the yeaT= 7
2019
Pastor TS Lau
38.427
£38,427
£40.8(M)
One trustee wos reimbursed o lolol 01 £25312019= one Iruslees £4521 lor minislry Irovelling cost.

Poge 24
11111
Iiiiwiiiii
11
111111111111111111
11111111111111111
11111
1111

OFFICIAL
Page 25
CHINESE CHURCH IN LONDON
NOTES TO THE FINANCIAI STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -*-%**-% =*-
TAXATION
Chinese Church in London is o regi5teied chority and is polentiolly exempt from toxotion in respect
of income and capital gains received wilhin the colegories covered by Part I l of the Corporation
Tox Act 2011 to the extent thot such income or goins is opplied exclusively lo charitoble purposes.
CARELINKS DONATIONS Iibiil1l4AX
Christian Cèntre for Gombling Rehtsbililtition Xf
Tear Fvnd 2X*
Cedor Fund Itix*
Chlne$e Assockthon for Cancer Care
New Led Counselling Centre
Carelinks expenses
14.690
10.073
9.234
5.876
15.306
10.495
9.621
6.122
2.581
1,5
£43.954
5.614
163
£47.321
10. GRANTS FOR MISSION WORK
The Charity made inslitulional grants lo Christian organisalions. to support mission work in the UK
ond overseos. 0$ follows-
2020
2019
Overseas Missionary Fellowship
Operallon mot￿ls0￿0n
Jlan Hua Foundatlon {Hong Kong)
Home of Loving Forlhfulne55 (Hong Kon911
Chlnese Overseas Chrlstlan Mlsslon
10,868
10,360
17,420
15,4CK)
10.236
9.720
684
9.996
6.5
WEC Inlemotionol
11.736
11.660
Chrlst Tronscendlng Poverly Church aRa•
Plonèers
YWAM
1.368
10.568
7,920
15.360
10.420
5,720
Chr]stmus Glft to mlsslonorle$
368
360
£81.164
£85.980
The Chorily olso mode individuol gronts to 6 Chrishon professiono1512019= 61 working in Chino and
Albonia. In the current yeor. these lolaled £47.94412019= £21.6￿1.
I I. STUDENT GRANTS *¥*XPJJ*
The Chority gove student gionts totolling £23.24712019- £10.6351 to 3 individuol$12019: 3 individuolsl
in the UK to support them in their theological studies.

OFFICIAL
Page 26
CHINESE CHURCH IN LONDON
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -*-***-A=*- R AI
12. DONATIONS AND GRANTS %%*]A&)*
2020
2019
Olher Don(rtlons (<£SOO)
13. PENSION COMMifMENTSiRIt*
The Choiity contributed to o defined contribution pension scheme foi severol employees. The
assets of the scheme are held seporolew from those of the chority in an independently
odmini5teied fund. Al the bolonce Sheet dote unpaid contributions due to the fund were £zeio
12019.. £zerol. Tolal premiums poyable in the year wete £28.89812019.' £27.7081.
14. TANGIBLE FIXED ASSETS
Land &
F￿re &
oirKe Fvrnilure
C051
Bulld5ngs
Improvements
Fmlngs
and Equlpment
Total
At Ist Januory 2020
3.856.344
2.952.432
263.017
52.795
7,124,588
6,357
Additions i•
At 31 st December 2020
6.357
£3.856.344
£2.952.432
£269.374
£52.795
£7,130,945
A¢¢umulated
Depreclatlon At 1st
January 2020
666.391
55.711
961.716
68.718
241.3(KJ
8.998
51.551
419
1,920,958
133,846
Chargè lor Yèar
At 31 sl December 2020
£722.102
£1.030.434
£250.298
£51.970
£2,054,804
Net Book Vtslue
Al 31 sl December 2020
3.134.242
1.921.998
£19.076
£825
£5.076,141
At 31 st December 2019
£3.189.953
£1.990.716
£21.717
£1.244
£5,203,630

OFFICIAL
Page 27
CHINESE CHURCH IN LONDON
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -*-**t-fi=*-
15. DEBTORS
2020
2019
Prepayments and accrued income lfftÈtJRxt*A
HM Revenue and Cvslom5
43.525
35.865
33.240
56.479
Accounts recelvable IK*P
498
£77.263
13,713
£106.057
16. CASH AT BANK AND IN HAND
2019
Current Accounts *llPQ
Deposlt Accounts
PE]
Treasury Deposlts
Co5hil*
19.030
15.687
873.325
811.366
SCO.￿0
2.868
£1.395.223
3.539
£1.330.591
17. LIABILITIES . AMOUNTS FALLING DUE WITHIN ONE YEAR
2019
'Bvlldlng fund Interest free loans #*l*m¥*A•
Trode Creditors
232.OCK)
282,000
44.390
10.523
Accruals and DefeThed Income
58.333
48.859
HM Revenue and Customs
13.097
Careltnks support
4.704
£339.427
5.396
£359.875
These ore short term unsecured loons from members of Chinese Church in London.

OFFICIAL
Page 28
CHINESE CHURCH IN LONDON ***¥I•*•
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -¥-?*+-A=+- g A*
18. RESTRICTED FUNDS
The income fund5 of the Church include restricted fund5 comprising the fdlowing unexpended
bolonces ol donotions and gronls held on tru5110 be opplied lor Specific purp05es'.
Balance
Income
Received
Expendlhjre
Poid
Balance clf
2020
bn
Building Fund aW¥JX
5.047.954
48.259
124.430
4.971.783
Mlsslon Fund
84.434
139.526
126.878
97.081
Dr Peter Chow Memorlol
Mission Education Fund
143.070
143.070
Theological Educolion Fund
63.761
15.266
23.247
55.780
Communion Fund *O¥iI
56.194
18.307
19.606
54.894
Careltnks Fvnds
22.464
43.817
43.954
22,327
Educalion and Conference
Fund
644
5.417.233
644
S,344,291
265.175
338.115
Year ended 31 Decenther 2019
Baloncè
Incomè
Received
Expenditure
Poid
Btslance clf
2019
Bulldlng Fund
Mlsslon Fund
Dr Peter Chow Memorfol
Mission Education Fund
5.QXJ8.673
178.371
139.090
5.047.954
40.824
151.938
108.328
143.070
143.070
Theological Educolion Fund
57.696
16.71X)
10.635
63,761
56,194
22,464
Communion Fund
41.267
26.177
11.250
Carelinks Funds
Educolion and Conference
Fund
21.709
48.076
47.321
736
£5.312.503
11.507
£432.829
11.475
328.099
644
£5.417.233

OFFICIAL
Poge 29
CHINESE CHURCH IN LONDON Ik*¢r¥4
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 =*=%**=fi =*- a
18. RESTRICTED FUNDS
•JZ* (CONnNUED)
The purposes ol the restricted fund5 ore as fdlows=
Building Fund- Rewesenls svms already expended on the purchase and refurbishment ol property
and sums commilled to meet future major refurbishment costs.
Mlsslon Fvnd - lor support of Church's missionories and mission orgonisolions. both locally and
overseos.. lo fund ony Church octivities ossocioted with the lurtheronce of the couse of Christ in
mission field in the UK ond obrood.
Dr Peter Chow Memoriol Mission Edvcolion Fund- Ivnd trom Dr Peter Chow's legocy lor Ihe troining
and educotion ol mi55ion educotor5 ond prole55ionots.
Theologicol Educalion Fund - to fund scholarships for 5tudent5 pursuing theologicol studies with o
view to full-time ministry-, students ole not expected lo Tepoy the Church, upon completion ol their
studie5.
Communlon Fund to fund monetary gifts for any brothers and sisters in Chri51 who are in
unexpected financial difficulties. in the UK and abroad.
Carennks Funds These comprise the proceeds ol onnvol coleclions lor Tear Fund and Cedor
Fund, other Chrislion sociol orgonisotions ond other special oppeoLq mode wherever o need may
orise.
Edu¢otion Conferen¢e Fvnd - to re5tri¢t ony svrplus orise in edvcotion conferences or events. Any
reserves would be used lo support deficits ol other education conferences.

OFFICIAL
Page 30
CHINESE CHURCH IN LONDON ***¥4U**
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -¥-?¥+-A=+- g A*
19. ANALYSIS OF NET ASSETS BETWEEN FUNDS
d Assets
Net Currenl Assets
2020
2019
Restrlcled Fund5 Ra¥*
Unre51rfcted Funds
S.3442
s.￿6.240
288.053
5.417233
64.907
19901
B45.m6
B63.171
6.209.2
5.076.141
1.133.059
6.280.404
20. CONTINGENT LIABILITIES
There were no contingent liobililies ol the bolonce sheet dole.
21. RELATED PARTY TRANSACTIONS
There were no related porty Ironsoctions in the yeor. wtFh the exception of those disclosed in note
5 Ibl relating to Iruslees, remuneralion and expenses.
22. IMPACT OF Covid-19
The Trustees onticipote thot the Covid-19 outbreok in Februory 20W ond the event5 leoding to the
lockdown ol the Cily of London wll hove a k)ng-lemi impacl on the Charily's incoming resources
ond resources expended in the coming yeors. They hove considered the likely impoct on its
incomir)g resources and how the charity can reacl lo thol impacl and are confident that il has
sufficient reserves ond enough flexibility to ensvie thot it con continue to exist lor the loreseeoble
future. Since the beginning ol lockdown. the charity has been promoting donation vio ils website.
11 hos token odvontoge ol Job Retention Scheme to minimise stoff cost. It should not hove moteriol
impact on the charity's balance Sheet Position.

OFFICIAL
Page 31
CHINESE CHURCH IN LONDON I***¥I•#•
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2020 -¥-¥*+-fi=+- g A*
23. COMPARAllvE FIGURES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricted
Restricted
Tolal Funds
INCOME FROM
Funds
Fvnds
2019
Donollons and Legocles
1,029.824
421,262
1,451,086
other Trading Activrhes
4*A
58.731
11.567
70,298
Inveslmenls
J8
5.287
5.287
TOTAL INCOME
1.093.842
432.829
,526,671
EXPENDITURE ON
Ralslng Funds
Charilable Acti￿lIeS
21.962
21,962
916.445
328.099
1244.544
TOTAL EXPENDITURE
938.407
328.099
1266.506
NE[ INCOME/(EXPENDITURE) AND NE[
MOVEMENT IN FUNDS FOR THE YEAR
155.435
104.730
260,165
RECONCILIATION OF FUNDS".
Balance b/f at 1st January
707.736
5.312.503
6.020,239
Balance c11 ot 31st
December 2019 S
£863.171
£5.417.233
£4.280,404