Reglstered number
5382046
London Chinese Baptist Church
(A company limited by guarantee and not having share capital)
Report and Accounts
31 March 2024

London Chlnese Baptlst Church
(A company limited by guarantee and not having share capital)
Report and accounts
Contents
Company Informatlon
Trustees, report
Independent Examlnerfs report
Statement of Flnancial Actlvities
Balance sheet
Notes to the accounts
Schedule of Support costs

London Chinese Baptist Church
(A company Ilmlted by guarantee and not havlng share capltal)
Report and accounts
Company Informatlon
Dlre¢tors
Reverend Edward Wel - Chalman
Reverend Blng Ll
Deacon Samson Ho
Dr Yile Wu
Reglstered number
5382046
Charfty number
1112334
Reglstored offlce
1 Payne Road, London, E3 2SP

London Chinese Baptist Church
( A company limited by guarantee and not having share capltal )
Registered number: 5382046
London Chlnese Baptist Church (LCBC) is a company limtted by guarantee governed by its
Memorandum and Articles of Association dated 03 March 2005. It Is registered as a charity
with the UK Charity Commlssion on 30 November 2005 and its charity number Is 1112334.lts
main objects are to spread the Gospel of Jesus Christ and to advance all aspects of Christian
Falth In accordance wlth the doctrinal basis stated in its Memorandum of Assoclation,
primarfly. but not exdusively. among the Chinese in London and the surrourKling area.
Corporate Govemance
The Board of Directors decided to adopt the Calendar year as the Churth year and the latest
Annual General Meeting was held on 1 December 2024 (hybrid, some attended via Zoom).
We are grateful for the contribution of our Advisors, indudlng Dr Ollver Rlce (Pastor of Bow
Baptist Church) and Pastor Yi Dai, apart myself (Reverend Edward Wei).
The Board of Directors administers the chaiity. Mr Mun Choon Lee resigned from our finance
team after many years. service. We have been rebuilding the team and succeeded with some
difficulty. The current team indudes Ms Fan Zhang as overseer of our accounts, Mrs Rachel
Dai, Ms Julie Go, and myself (Reverend Edward Wei) as member without a vote, together
with two members of each congregation responsible for bookkeepinglcashier. We asked Ms
Fan Zhang to audit our accounts and to appoint Mr Zongql Du as Extemal Independent
Examiner for our accounts.
Ms Maggie Cheng (until June 2023). Mr Yong Luo. and Dr Yile Wu continued as deacons until
June 2024. With the pastoral workers, they will have oversight of the LCBC'S affairs on behalf
of the Board, whilst the Board retains the direct responsibilty for Church Finance (through the
Church Finance Team) and Human Resource (Staff Employment) matters. They guide the
Church Ministy Groups to execute the day to day functions.
The day to day affairs are being run by the Ministy Gmups Leaders Team together with our
Pastoral workers. Currently. its members are Reverend Bing Li, Mr Pun Ming Ip, myself, and
Mr David Ip. Dr Yile Wu. Ms Maggie Cheng, Mr Robert Xiaobo Yang. Mr Xizhen Huang, Ms
Xiaoqing He. Ms Sherry Teng and Ms Laura Xinzhu Yu. The Team usualty rneets once every
two months, alternating with the bimonthly Members Meetings, and the tearn members are
responsible for different ministries together with the Pastoral Team
Outreath, Caring.
General Chores, Children and Teens, Secretarial, Worship. Cashier and Fellowship Ministry
Groups. The Faith. Hope and Love Congregation has set up a core team led by Reverend
Bing Li and Pastor Pun Ming Ip are Ms. Fan Zhang. Mr. Yong Luo, Mrs Yvonne Ip, Ms Han
Fan, Mrs. Rachel Dai, Ms. Elsa Chow, Ms. Julie Go, Ms. Jing Wang, and Mr. Sammy Leung.
The Faith Hope Love congregation developed steadily and they are working to function more
autonornously
Concerning our Children and Teens ministry. we are member of the Thirtyone=eight (fomierfy
CCPAS, the Churches. Child Protection Advisory Service) and it is the umbrella organisation
to help us to administer ched(s required by the Disdosure and Barring Service (DBS). Mr
Xiangbin Zhang and Ms Xinzhu Yu are our Designated Person for complaints and Deputy
respectively for our Child Protection Policy, and Ms Juan Zhou and Ms Min Deng for the Faith,
Hope and Love Congregation. Also, Mrs. Maggie Cheng and Mrs. Yvonne Ip are our
Safeguarding Team to oversee the ongoing implementatts)ns of the Policy.
A data protection policy was approved by the Board of Directors on 21 July 2018 and adopted
by the members meeting on 29 Juty 2018. The sub<ommittee consists of Ms Maggle Cheng
(Coordinator). Ms Xiaoqing He and Rev Edward Wei (ex officio, being Chairman of the Board
of Directors).

London Chlnese Baptlst Church
( A company Ilmlted by guarantse and not having share capital )
Reglstered number: 5382046
Related Partles
It is acknowledged that the charity was founded by an overseas charity organisatlon °Kowloon
City Baptist Church, Hong Kong. (referred to as °KCBC°). We continue to enjoy thelr support
although we have become totally independent from June 2017. We are espedally grateful
that we can continue to use their London Extension Centre at 27 Mossford Street. London E3
4TH
LCBC is also closely Ilnked with the "Bow Baptlst Church. (BBC) from the beglnnlng, and we
are grateful for their parthershlp and suppor( especlally In allowing us to use their premlses
for many of our aclivities.
We became a member of London Baptlst Association on June 2017 and we have been
leamlng lo relate with other Baptist Churches In London.
We have also worked more dosety with the Chinese Overseas Christian Mission, especially
in our students ministries.
Risk Management
Being fully aware of their responsibilities for risk assessment. the trustees are developing
procedures for evaluating the risks associated with their operating plan activities, and also
reviewing annually all insurances. office. fire and general safety. and temis and conditions of
employment of staff. The intention is to develop a comprehensive risk assessment policy which
will ensure that all important risks are evaluated so that appropriate action can be tsken to
mitigate these risks where necessary.
Roserves Policy
The trustees have established a policy whereby the unrestricted funds should be in a break-
even situation each year. The reserves in the unrestricted funds will be retained as unrestricted
funds. On 31 st March 2024. the unrestricted funds amounted to £308,916.
The trustees are comfortable with this level of unrestricted fund and are confident that th
level of funding will be sustained in the foreseeable future.
Review of maln events
LCBC continues to recover from the effect of the covid-19. For the main congregation at Bow,
we have resumed our normal Sunday activities including Worship Service. Sunday School,
after-church sharing and prayer groups eto The number attending our Friday fellowship and
Students Fellowship meetings have recovered. Other fellowship groups are held by zoom and
slowly increased in participants because those living fvrther away can join in. For the Failh
Hope Love congregation, there are Worship Service. Sunday School and after￿urCh sharing
and prayer meetings held at Petts Wood Methodist Church. as well as the communal activities
on Wednesdays. There are other group meetings by zoom. We held our annual Retreat in
May and there were a number of special events during the year.
Future development
The official membership at the last AGM was 104. 9 were baptised during the year.

London Chlnese Baptlst Church
( A company Ilmited by guarantee and not havlng sharo capltal )
Reglstered number.. 5382046
As we approached our twentieth annlversary. we were rerninded that our prlmarlly mlssion Is
outreach. Loglstically we have a more mobile Chinese population for the region around our
main congregation
students. as well as graduates and young professlonal couples
especially those worklng In banking and finance. We need to strengthen our evangelistic
activltles. Many of those would get marrled and moved fvrther out to Kent In the area southeast
of London. We started the Faith Hope Love congregation but we need to reach the Chinese
elsewhere In the region. Hence we also need to build up our fulktime and voluntsry workers
to equlp and care for them.
Reverend Bing Ll contlnues to serve as our Senior Pastor, and Mr Pun Mlng Ip as Pastoral
Worker, mainly responsible for our Faith, Hope and Love Congregatlon. We urgently need to
recruit more Pastoral Workers.
As a Church, we also have a share of the responsiblllty of sharing the love of Jesus worfdwide.
A small team spent a week In the summer wlth members of another church on a short term
mlssionary trip to Poland and was much encouraged. We should arrange more 8uch events
towards establishing of our misslonary concem program.
Trustees Responslbllltles
Law applicable to charities in England and Wales requires the trustees to prepare financial
statemenls for each financial year whlch give a true and falr vlew of LCBC'S financlal actlvltles
during the year and of its financial position at the end of the year. In preparing financlal
statements glving a true and fair view. the trustees should follow best practlce and:.
select suitable accounting policies and consistently apply them..
make judgements and estimates that are reasonable and prudent
state whether appllcable Accounting Standards have been followed subject to any material
departures dlsdosed and explalned in the financial statements;
prepare the tlnanclal statements on the golng concem basls unless It Is Inapproprlate to
assume that LCBC wlll contlnue in business.
The trustees are responsible for keeplng accountlng records whlch disdose wlth reasonable
accuracy the financlal position of LCBC and whlch enable them to ensure that the financial
statements comply with the relevant legislatlon and the trust deed. They are responsible for
safeguarding the assets of LCBC and hence for taking reasonable steps for the prevention
and detection of fraud or other Irregularitles.
Independent Examlners
A resolution to appolnt Mr Zongqi Du as independ8nt examiner of London Chinese Baptist
Churth accounts for 1 April 2023 to 31 March 2024 was approved by the members at an
Annual General Meeting held on 3 December 2023.
Thls report was prepared by the Chairman, based on the report presented by himself as
Chaimian and the report from the Minister-in-charge at the last AGM. and signed by him on
behalf of the Board.
L>Wi
Reverend Edward Wel

London Chinese Baptlst Church
( A company Ilmltad by guarantee and not havlng share capital )
Reglstered number: 5382046
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
London Chlnese Baptlst Church
I report to the trustees on my examination of the accounts of the abova charity (Ihe Trusf) for
the year ended 31 March 2024.
Responslbllltles and basls of report
As the charity's trustees. you are responsible for the preparation of the accounts In accordance
with the requlrements of the Charitles Act 2011 ("the Act"). I report In respect of my
examinatlon of the Trust's accounts carrled out under section 145 of the 2011 Act and in
carying out my examlnation, I have followed all the applicable Direcllons glven by the Charlty
Commlssion under section 145(5)(b) of the Act.
Independent examlnerfs statement
The charlty'8 gross Income do not exceed £250,000 and l am quallfied to undertake the
examinatlon by being a qualified member of the Association of Chartered Certified
Accountants (ACCA).
I have completed my examination. I confimi thal no materfal matters have come to my attentlon
In connection with the examlnation which gives me cause to believe that In, any matsrlal
respecL'
th8 accounting records were not kept In accordance with section 130 of the Charltles
Act; or
the accounts did not accord with the accounting records: or
the accounts did not comply with the applicable requlrements concerning the form and
content of accounts set out In the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and falrf vlew which 18 not a
matter consldered as part of an Independent examination.
I hav8 no concems and have come across no other matters In connectlon with the examination
to which attention should be drawn In thls report In order to enable a proper understandlng of
the accounts to be reached.
Zongql Du, FCCA
ACCA Membership No.1486249
10 Hillbeck Grove
Middleton
Milton Keynes
MK10 9JJ
2P November 2024

London Chinese Baptlst Church
( A company Ilmlted by guarantee and not havlng share capital )
Registered number. 5382046
Statement of Financlal Actlvities
for the year ended 31 March 2024
Notes
2024
2023
Unrgstrlcted Funds
Incoming resources
Voluntary gifts and donatlons
112,867
106,134
Support costs
(120,025)
(114,631)
Net Operatlng Surplusl{defficit)
(7.158)
{8,497)
Tax on profft on ordinary activities
Net movement of funds for the perlod
.158
8.497
The ststement of financial acbvithes induded all gains and losses recogriwl in the period.
All incoming r&sources and resources expended derived from conllnuing actsvitses.
The statement of finandal actsvIt￿S complied with the requlr8ments for an Income and
expenditure account under ts Companies Act 2006.

London Chlnese Baptlst Church
( A company Ilmlted by guarantee and not havlng share capltal )
Reglstered number: 5382046
Balance Sheet
As at 31 March 2024
Noto$
2024
2023
Currant assets
Debtors
Cash at bank and In hand
890
309.675
4,184
313,483
310.365
317.667
Credltors: amounts falllng due
Wlthln ong year
(1,450)
(1,592>
Not ¢urront a88•ts
308,915
316,075
Net a860ts
308,915
318,075
Fund8 and ro8erve8
Unrostslct8d raservos
308,915
316,075
Shareholder8, funds
308,915
316,075
The dlrectors are satlsfied that the companyls entltlad to exemptlon from th& raqulrement to obtaln
an audltund8r8ectlon 477of the Companies Act2006.
Members have not requlred the company to obtain an audlt In accordance wlth secllon 476 of the
The dlreclors acknowledg8 thelr responslbllltles for complylng wlth the requlrements of the
Companies Act 2006 wlth respect to accountlng records and the preparatlon of accounts.
The a(xxwnts have been prepared In accordance with the provi8lons In Part 15 of the Companles
Acl 2006 appllcable lo companies subject to the small companles reglme.
Rev. Edward Wel
Dlrector
Approved by the members at the AGM on 1 st December 2024

London Chlnese Baptist Church
( A company limited by guarantee and not havlng share capltal )
Reglstered number: 5382046
Notes to the Accounts
for the year ended 31 March 2024
1 Accountong policles
Basls ofpreparatlon
The accounts have been prepared under the hlstorfcal cost convenllon and In accordance wlth the
Financial Reporting Stsndard for Smaller Entities (effectlve January 2015) and the Ststement of
Recommended Practlce (Accountlng and Reportlng by Charitie8 issued Sn 2005).
Cashflow Statsment
The company has tsken advantage of the exempllon from preparlng a cash flow statement provlded
by FRS 1 "Cash flow slatements" (revised 1996) as It qualifies as a small company.
Incomlng rnsour
Income r6pr6sents the totsl value of donations and glfts recelved by the company.
Voluntaors and donated seNl¢es and fa¢llldes
The value of services provided by voluntsers is not Incorporated Into th888 financlal statements.
Further detalls of the contributlon made by volunteers can b8 found In the tru81ees' annual report.
Resources •xpended
Charftable expenditure, support costs arKI admlnlstration costs comprfse dlr8Ct exp8rKlllure
attrlbutable to the charltabl8 obJectlv8 or acuvfty. Where costs cannot be attrlbuted, they have been
apportloned to charitable objectiV85 or aclivitias accordlng to the tlme or resources spent on eath.
Support costs are Ilsted separatety on page 12.
nslons
Contrlbutlons to deflned contrlbutlon plans are expensed In the perlod to whlth they relate.
Funds
Unrestrlcted fijnds are those furKls. whlch can be used at the Trustegs, dlscretlon. Restrlcted Funds
are malnly funds whose purposes have been festricted by the donor. As at 31 March 2024 there
was no reslrlcted furKls held by the charity.
Value Added Tax
The Charlty ts not reglstered for VAT arKI accordingly. ￿ere 8pplScable. all costs and expendlture
In(￿rred are shown indusEve of VAT.
2024
2023
2 InGomlng resources
Offertory, glfts & donatlons
Tax rebates
Interest received
110,065
105,365
2 802 ￿69
10

London Chlnese Baptlst Church
( A company limited by guarantee and not having share capltal )
Registered number: 5382046
Notes to the Accounts
for the year ended 31 March 2024
3 Support costs
2024
2023
Employeelvolunteer costs
P￿MIseS costs
General administrative expenses
Activities costs
70,633
69,194
19,533
21,689
3,516
3,412
26
2 2033
4 Debtors
2024
2023
other debtors
690
4,184
5 Credltoys: amounts falllng due wfthin one year
2024
2023
Other taxes and social security costs
1,450
1.592
6 Funds and reserves
2024
At 1 April 2023
316,075
Deficlt for the year
<7,158)
At 31 March 2024
308 915
7 Taxatlon
The company is a registered charlty and Is potsntially exempt from taxation in respect of income and
capltal galns recelved wlthln the cat8gorl8s covered by Section 505 of the Taxes Act 1988 or Section
256 of the Taxation of Chargeable Galns Act 1992 to the extent that such income or gains are
applied to exdusively charitable purposes.
11

London Chinese Baptlst Church
(A company limited by guarantee and not having share capital)
Report and Accounts
31 March 2024
2024
2023
Support costs
Employeelvolunteer costs:
Wages and salaries
Penslons
Staff tralnlng and welfare
Travel and subsistence
64,706
3,868
64,115
3,561
Premises costs:
Rent
Rates and utillties
17,542
17,304
General administrative expenses:
Bank Charges
Postage, stationery and prlnting
Subscriptlons
Insurance
Repairs and malntenance
Sundry expenses
169
958
338
419
1.591
41
171
1,422
388
450
Activities costs
Fellowships. seminars & other activities
33
120 025
114631
12