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2024-12-31-accounts

Calvary Chinese Christian Church Annual Report For The Year Ended 31st December 2024

Administrative information

Calvary Chinese Christian Church (Calvaryccc) is situated in Newport Pagnell, Milton Keynes.

Calvaryccc Council members who served from 1st January 2024 until the date of this report was approved are:

Elected Council members: - Mr. Wing Ho Leung Chairman (from 1[st] March 2024) Ms. Katie Ho Chairman (until 29[th] February2024) Ms. Kitty Kwan Secretary Ms. Siu Mui Wong Treasurer

Ms. Clara, Pui Ching Yu

Mr. Wing Fai Choi

Objectives and Activities

Our main goals are preaching the gospel of Jesus Christ and teaching the doctrines of the Christian faith as set forth in the Holy Scriptures, primarily but not exclusively, to the Chinese in Milton Keynes and the surrounding areas.

In addition to regular Sunday worships, fellowships and bible studies; there are other affiliated activities targeting non-believers, so they can get to know about our church and have the opportunity to know the Gospel.

Structure, governance and management

Type of governing document[ Church constitution. ] How the charity is constituted Trust Trustees are selected and elected by members according Trustee selection methods to the church constitution. (eg. appointed by, elected by)

Achievements and Performance

Church attendance

The average weekly attendance was around 90-120 for Cantonese service and 60-

Crossway services. Sunday school had 60 -70 children under the age of 18.

Review of the year

Calvaryccc continued to invite Raymond Au-Yeung to be the church pastor till 31[st] May 2025. The congregation decreased slightly due to another Chinese Church newly established in October.

A pastor is required to shepherd and teach the congregation. Raymond Au-Yeung had taken up the challenge and made positive impact. A number of courses were set up and well attended. Through visitation and family groups, a number of new converts came forward. The church also held two baptismal service in 2024. The congregation constitution has changed in the past few years with believers via the BNO settlement scheme, and they are integrated well in church life. Many are willing to participate fully by becoming church members. Church members grew in 2024.

Crossway, an English-speaking congregation, is also impacted by the influx of these newcomers. Other challenges are language barriers and cultural differences. The Friday Fellowship groups, Cantonese stream has young people around 70 to 80, English stream 27 to 30. Sunday school attendance is between 60-70, there are three classes : Faith, Hope, and Love, with 15, 20, and 30 students respectively.

English Class for seniors age above 60 was established in February 2024. Course content would follow the Bible League International’s curriculum. There were 14 seniors with 70% attendance, and they were graduated from Level 1.

Gospel Cantonese Group was established in March 2024, the group would be practicing singing every alternate weekend. They have performed at Newport Pagnell Cultural and Literary Festival, Church Anniversary, and Christmas Day.

Bible Study and Sisters’ Fellowship

There are two bible studies. One was held every other Friday evening; the other was held on the 2nd and 3[rd] Wednesday evening. It has been continued with zoom throughout the year. Other courses were added throughout the year at regular interval. Each course is set for 6 to 8 weeks depending on the length of the course, mainly conducted by pastor Raymond Au-Yeung.

Sunflower Fellowship for age above 60 was held in COCM on the 4[th] Thursday every month.

Sisters’ Fellowship was held on the 2[nd] Thursday every month during school term time.

Financial Review

Brief statement of the church’s policy on reserves

Contingency fund : £120,709

Our reserve policy is to maintain a balance on unrestricted funds which equates to at least three months of routine unrestricted payments (£12,000) to cover emergency situations.

Pastoral worker fund: £28,536

Fund balance at the end of 2024 was £28,536. Pastor Raymond Au-Yeung was employed for the whole of 2024, his salary and related expenses (£19,151) were paid out from the General fund.

20% General Fund Surplus for the year, at £5,391 is added to this fund.

Short Term mission Fund : £38,156

To encourage members to participate in short term mission, the church decided to support each applicant 50% of the mission cost. 10% General Fund Surplus for the year at £2,696 is added to this fund. No expenditure incurred this year.

Mission fund: £ 7,221

This fund is used for missionary giving. 10% of General Fund income for the year at £7,221 was transferred in. Payments of £5,673 were made in the first quarter of the year to designated Christian Missionary Organizations agreed by the Church Council.

Caring Fund : £6,001

This comes from designated donations for the church, and is used for members (including active and non-active members) or friends who need help in financial difficulties. During this year, donation of £600 has been received, £1,000 was spent on a congregation who has financial difficulty after a traffic incident.

Theological Education Sponsorship Fund : £5,000

This fund was set up in 2020. It is available to active member studying a degree course at a registered establishment. Up to 75% of the tuition fee could be covered once an application has been approved by church members. No movement in this year.

Investment policy – Surplus funds may be invested in bank fixed deposits or publicly traded bonds, low risk and highest return possible. At year end there are 2 investments, one of £50,000 maturing in October 2025; and another one of £50,000 made out in April 2024 for two years, will be matured on 21st April 2026. Church council previously set the maximum allowed amount at £85,000. With contingency fund balance exceeding £100k at the end of last year, and considerably high level of bank balance in low interest saving account, it was discussed and agreed at deacons’ meetings that further investment would be made.

Total general fund income for the year was £72,211. Detailed Financial Statements are on pages 4 & 5.

£4,120 was spent to provide Christian ministry in preaching the gospel and teaching the doctrines of the Christian faith.

£1,200 was spent on speaker’s honorarium for English Worship.

Special donations of £3,600 was made to Laurence Mo for his involvement in our youth work and his ministry in COCM.

The net balance at 31st December 2024 carried forward to Contingency Fund was £12,604.

Members who are tax payers are encouraged to make an offering by Gift Aid which the church can reclaim the tax from the government.

Approved by the CalvaryCCC Council on 15[th] April 2025 and signed on their behalf by Wing Ho Leung (CalvaryCCC chairman)

Charity Name No (if any)
CALVARY CHINESE CHRISTIAN CHURCH CALVARY CHINESE CHRISTIAN CHURCH 1120143
For the period from
~~a~~
To
01-Jan-24
Receipts andpayments accounts
31-Dec-24 CC16a
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts(see note 1)
Donations andlegacies **59,132 ** 600 - **59,732 ** **51,582 **
Charitable activities **5,854 ** - - **5,854 ** -
Othertrading activities - - - - -
Investmentsincome **2,587 ** - - **2,587 ** 1,966
Tax Rebate 9,677 - - 9,677 **3,184 **
Other tradingactivities 141 - - 141 -
- - - - -
- - - - -
Sub total(Gross income for AR) (Gross income for AR)77,391 600 - 77,991 56,732
A2 Asset and investment sales,
(not applicable).
-
-
Sub total -
Total receipts 77,391
~~—S ~~
-
-
-
-
-
-
600
-
~~S 5~~
-
-
-
77,991
-
-
56,732
A3 Payments (see note 2)
Raisingfunds - - - - -
Charitable activities 41,556 5,673 - 47,229 45,015
Special Donations 7,924 1,000 - 8,924 4,520
Other - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 49,480 6,673 - 56,153 49,535
A4 Asset and investment
purchases, (see table)
Fixed term deposit
-
-
Sub total -
Total payments 49,480
~~—S ~~
-
-
-
-
-
-
6,673
-
~~S 5~~
-
-
-
56,153
-
49,535
Net of receipts/(payments)
27,911
A5 Transfers between funds
-
A6 Cash funds last year end
-
Cash funds this year end
27,911
~~aS~~
- 6,073
-
-
- 6,073
~~SS~~
- 6,073
-
-
-
-
-
- 6,073
-
~~SS~~
21,838
7,197
-
-
-
-
21,838
7,197
~~SS~~

CCXX R1 accounts (SS)

12/07/2025

1

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Cash at bank and in hand
Total cash funds
~~SS~~
Total cash funds 20,709
-
-
20,709
~~= ~~
84,914
-
-
-
-
84,914
-
~~Be~~
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets Fixed term deposit
~~== ~~
100,000
-
-
-
-
-
~~& ~~
-
-
-
-
-
-
-
-
-
-
-
~~Ee~~
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
B3 Investment assets
B4 Assets retained for the
charity’s own use
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
Current value
(optional)
expensed in General
Admin dept in 2024
-
-
expensed in General
Admin dept in 2023
-
-
expensed in General
Admin dept in 2023
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Laptop for Sunday school £350
Epson Projector £600
2 projectors £633
None
Details
~~=EE:~~
Fund to which Amount due When due
Details liability relates (optional) (optional)
Total Net Assets, represented by fund balances below:
B5 Liabilities
-
-
-
-
-
Total Net Assets, represented by fund balances below:
205,623
None
~~===~~
Fund Balances Type PE, EE R or
**UR ***
Fund balances
brought forward
Income Expenditure
Transfers
Gains and
losses
Fund balances
carried forward
Mission Fund R 5,673 - 5 - 5,673 7,221 - 7 221 - 7 221 - 7,221
Pastoral Worker Fund R 23,145 - - 5 145 - - 5 145 - - 5 145 - - 5,391 - 28 391 - 28 391 - 28,536
Short Term Mission Fund R 35,460 - - 2 460 - - 2 460 - - 2 460 - - 2,696 - 38 696 - 38 696 - 38,156
Contingency Fund (from general fund
surplus) UR 108,105 - - 12 105 - - 12 105 - - 12 105 - - 12,604 - 120 604 - 120 604 - 120,709
General Fund UR - 77 - 77,991 - 56 991 - 56 991 - 56,153 - 21,838 - - 838 - - 838 - -
Theological Education Sponsorship
Fund R 5,000 - 5,000
CaringFund R 6,401 600 - 1 401 600 - 1 401 600 - 1 401 600 - 1,000 6,001
Total funds 183,784 78,591 - 62,826
-
6,074
-
205,623
Signed by one or two trustees on behalf
of all the trustees
Signed by one or two trustees on behalf Signature Print Name Date of
approval
W H Leung 04/05/2025
S M Wong 04/05/2025

CCXX R2 accounts (SS)

12/07/2025

2

Charity Name No (if any) CALVARY CHINESE CHRISTIAN CHURCH 1120143

Receipts and payments accounts

01/01/2024 01/01/2024 31/12/2024 31/12/2024
For the period from To
Note 1 Analysis of Income
Restricted
Unrestricted Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations and legacies: Sunday Offering 28,917 - - 2 - - 2 - - 28,917 17 1739,392
Sunday Offering( English) 1,866 - - 1 - - 1 - - 1,8667 7 730
Gift Aid offering 28,349 - - 2 - - 2 - - 28,34911 11 11,273
General grants provided by government/other
charities - - - - - - - - - - - - - - - - - - - - - - - -
Other (BBQ offering) - - - - -67
CaringFund - - -600- - -60012 12 120
Total 59,132 600 - 59,132 600 - 59,132 600 - 59,132 600 - 59,132 600 -59,732 2 251,582
Charitable activities: English Class 433- - 4 - - 4 - - 4 - - 4 - - 433- - - -
NP Cultural n Literary Event 241 - - 241 - 241 - - 241 - 241 - - 241 - 241 - - 241 - 241 - - 241 - 241 - - 241 - 241 - - 241 - 241 - - 241 -
Crossway retreat 5,180 - - - - - -5,180- - - -
Other - - - - - - - - - - - - - - - - - - - - - - - -
Total 5,854 - - - - - -5,854 - 4 - 4 - 4 -
Other trading activities:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Other - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total - - - - - - - - - - -
Income from investments: Bank Interest 782 - - 7 2 - - 7 2 - - 7 2 - - 7 2 - - 782 2 2816
Interest on Fixed Term Deposit 1,805 - - 1 - - 1 - - 1,8051 1 1,150
Other - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total 2,587 - - 2,587 1 7 1 7 1,966
Tax Rebate : Gift Aid 6,698 - - - - - -6,6982 2 2,163
Small donations scheme (GASDS) 2,979 - - 2 - - 2 - - 2,9791 1 1,021
Other - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total 9,677 - - 9,677 77 773,184
Other: repaid expense overclaimed 141 - - 141 - 141 - - 141 - 141 - - 141 - 141 - - 141 - 141 - - 141 - 141 - - 141 - 141 - - 141 - 141 - - 141 -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total 141 141 141- - 141 - 141 - 141 - 141 -
Other information:
TOTAL INCOME
77,391 600
~~a~~
77,391 600 77,391 600 77,391 600- 77,991 56,732 77,991 56,732 77,991 56,732 77,991 56,732
All income in the prior year was unrestricted except for: (please provide All income in the prior year was unrestricted except for: (please provide
description and amounts)
Where any endowment fund is converted into income in the reporting period,
please give the reason for the conversion.
Within the income items above the following items are material: (please disclose Within the income items above the following items are material: (please disclose
Offering continue to increase as a result of a larger congregation, and
Offering continue to increase as a result of a larger congregation, and
the nature, amount and any prior year amounts) congregation who are eligible for gift aid.
Interest from investments increase as a result of higher interest rates
Tax rebate from Small donations scheme cover 2 calendar years (£979 Tax rebate from Small donations scheme cover 2 calendar years (£979 Tax rebate from Small donations scheme cover 2 calendar years (£979 Tax rebate from Small donations scheme cover 2 calendar years (£979
for 2023, £2,000 for 2024) for 2023, £2,000 for 2024)
Gift Aid tax rebates is higher in 2024 in line with increased on GA Gift Aid tax rebates is higher in 2024 in line with increased on GA
offering. Also reciepts cover 2 calendar years (£2,188 relates to 2023)

Charity Name

No (if any) 1120143

CALVARY CHINESE CHRISTIAN CHURCH

Recei ts and a ments accounts p p y

01/01/2024 01/01/2024 31/12/2024 31/12/2024 31/12/2024
For the period from To
Note 2 Analysis of payments
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
- - - - -
- - - - -
Incurred seeking donations
Incurred seeking legacies
Expenditure on raising
funds:
~~es~~
~~aO~~
- - - - -
- - - - -
Incurred seeking grants
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Fundraising agents
Operating charity shops
Staging fundraising events
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
~~po~~
~~a~~
~~a~~
~~po~~
- - - - -
- - - - -
- - - - -
- - - - -
~~a~~
~~ee~~
~~ee ~~
~~Oa~~
~~Oa~~
- - - - -
- - - - -
- - - - -
- - - - -
~~ee~~
new source of future income
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - -
Database development costs
~~a~~
- - - - -
Other trading activities
~~a~~
Investment management costs: - - - - - - - - - - - - - - - - - - - - - -
Cost of obtaining investment advice
Total expenditure on raising funds
~~po~~
- - - - -
- - - - -
~~aee~~
- - - - -
- - - - -
Expenditure on
Pastoral Department
~~a~~
15,797 - 1 - 15,797 1 7 1 7 16,139
charitable activities
Youth Department
~~a~~
1,695 - 1 - 1,6951 1 157
Evangelism Department
~~a~~
577 - -577 1 77 1 77 181
General Administration Department
~~a~~
2,495 - 2 - 2,495 3,527
Caring Department
~~a~~
1,600 - 1 - 1,6001 1 1,381
Missionary Giving
~~a~~
- -5,673 5,6734 4 4,413
Use of short term mission fund
~~a~~
- - - - - - - - - - - - - -
NP Cultural n Literary Event
~~a~~
241 241 - 241 - 241 - 241 -
Finance Department
~~a~~
19,151 - - 19,151 1 1 1 1 19,217
Total expenditure on charitable
activities
41,556 5,673 - 47 41,556 5,673 - 47 41,556 5,673 - 47 41,556 5,673 - 47,2294 4 45,015
Separate material item
Special donations
3,700 - - - - - -3,700 3,400
of expense
Crossway retreat
4,224 - - 4 - - 4 - - 4,224 1 224 1 224 1,120
Caring Fund - 1 - 1,000- 1 - 1 - 1,000- - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total 7,924 1 24 1,000- - -8,924 4 24 4 24 4,520
Other
Governance cost - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total other expenditure - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
49,480
TOTAL EXPENDITURE
~~a~~
6,673 - 56,153 49,535
Other information:
Items of expenditure on charitable activities

Activity or programme Activities undertaken directly Pastoral Department Expenses in relation to pastoral teaching & caring covering Sunday worships or devotional meeting or bible studies, biblical training, visitation etc

Youth Department Expenses incurred on youth work covering Sunday school
or young people fellowship or training etc Venue Hire in
2024 will also come under this heading rather than Pastoral
Dept
Evangelism Department Expenses incurred on evangelistic meeting such as training
and seminar, BBQ for members & non members
General Administration
Department
Expenses incurred on administrative and/or sundry
activities such as insurance, purchase of equipments,
website subscription, refreshment for Sunday worships,
stationery etc
Caring Department Expenses incurred on activities covering adult fellowship
meeting, members visit etc A new English class was
establised during 2024.
Missionary Giving Donation to Christian missionary organisations as agreed
by the Church Council, decision usually made around the
end of the year so payments could fall within the same year
or the following year.
Use of short term mission
fund
Providing 50% of total cost incurred by members going on
short term mission trip
Finance Department Church pastor in post from June 2022, salary & related
expenses previously funded from Pastoral Worker Fund
are expensed from General Fund from 2024.
Prior year expenditure on charitable activities can
be analysed as follows:
as detailed under Expenditure on charitable activities above, increase on Pastoral department is
as a result of significant growth in church congregation
Within the expenditure items above the following
items are material: (please disclose the nature,
amount and any prior year amounts)
The church continue to support L Mo of COCM (£300 monthly) for his involvement in youth
work. Spending is under Special donation
Church deacons approved a payment of £1,000 out of Caring Fund to a congregation who has
financial difficulty after a traffic incident