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2021-12-31-accounts

Company registration number: 08743494 Charity registration number: 1169294

Leeds Alliance Church

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 December 2021

Leeds Alliance Church

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 16

Leeds Alliance Church

Reference and Administrative Details Trustees Mr Siu Boon Ma Mrs Zhu Tzi Jim Ms In Peng Lei Mr Wesley Wing Yau Wong Secretary Mr Siu Boon Ma Charity Registration Number 1169294 Company Registration Number 08743494 The charity is incorporated in England and Wales. Registered Office 2A Blackman Lane Woodhouse Leeds West Yorkshire LS2 9ER Independent Examiner Fox Jennings Cullen Tarn House 77 High Street Yeadon Leeds LS19 7SP Bankers HSBC 33 Park Row Leeds LS1 1LD

Page 1

Leeds Alliance Church

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2021.

Trustees

Rev. Chai Ming CHEUNG (resigned 15/07/2022)

Ms Xiu Zhen ZHU (resigned 25/04/2021) Ms Ping Ping SII (resigned 25/04/2021) Ms In Peng LEI (appointed 25/04/2021) Mrs Zhu Tzi JIM Mr Siu Boon MA (appointed 18/07/2021) Mr Wesley Wing Yau WONG (appointed on 18/7/2021)

Structure, governance and management

Leeds Alliance Church is a charitable company. The company was registered on 22 October 2013 with company number 08743494. The company was registered as a charity on 21 September 2016 with charity number 1169294.

The memorandum and articles were amended by special resolution, registered at Companies House on 9 May 2016.

All the directors of the company are also trustees of the charity. The trustees who served during the year under review and to date are set out on page 3. Under the articles of association at the AGM one third of the directors, who are subject to retirement by rotation, shall retire from office.

The trustee body comprises practising Christians from a wide breadth of church tradition. The skill base of the trustee body is regularly reviewed. Where a need for additional skills is identified, recruitment is undertaken on an informal basis via the Christian community in Leeds. Prospective trustees are interviewed at a trustees' meeting. An induction pack is given to new trustees highlighting their responsibilities for the organisation.

The trustees meet monthly to review the activities of the organisation. All trustees give their time voluntarily.

Objectives and activities

The objects of the charity are the advancement of the Christian faith in Yorkshire and in other parts of the world as the trustees think fit for the public benefit in accordance with the doctrinal statement set out in Appendix 1 of the governing document.

The objects shall be pursued in accordance with the Christian principles set out in the Statement of Faith in the Schedule to the Articles. When reviewing the aims and objectives of the charity, and in planning future activities, the trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

Leeds Alliance Church is a Chinese Alliance Church at Leeds, we continued our work in serving the Chinese community in the area, leading them to Christ, and building up disciples of Jesus through worship, Bible study and courses, prayer meetings, fellowships, Sunday School, children ministries and programmes to serve the community.

Page 2

Leeds Alliance Church

Trustees' Report

Achievements and performance

Review of 2021 church ministry:

Since the Covid pandemic started from 2020, LAC continued to conduct the Sunday services and fellowships online in 2021. Various physical activities we had before such as dinner gatherings, student camp, church outing etc. were stopped. As the situation changed around mid-year, the government relaxed the rules by increasing the numbers of people who could meet outdoors. Therefore individual meetings and outdoor gatherings (within the legal limits allowed by the government) were resumed.

Around the beginning of Autumn, Mandarin and Cantonese fellowships started physical meetings in church. Physical Sunday services were resumed starting in August. In order for the services to run smoothly and to protect the attendees, we set up an online registration system and published health & safety measures on our website. Besides, we organised a cell group in March specially for the Hong Kong migrants arriving in Leeds, the cell group was named ‘Jireh Fellowship’ by the end of 2021.

2021 Church Ministry Report:

Page 3

Leeds Alliance Church

Trustees' Report

Pastoral Staff

Minister-in-charge: Rev. Lawrence Chai Ming Cheung, pastoral staff employed by CACUUK in July 2019, is the minister-in-charge of the Church in 2021, responsible for leading the church ministries as well as administrative work, preaching, leading bible studies, Sunday school, and fellowships.

Looking forward

Pastoral Work

Financial review

2021 is again a challenging year where we have to adapt and learn to live with COVID. We do praise our Lord for the provision and the generosity of all our brothers and sisters and our mission partners for the donations over 2021.

General Fund: The total income was £23,383 of which £6 was interest received on the gift aid claim, and donations received of £23,377. Expenses were £37,948, which includes internal transfers of £24,659 and £942 to Personnel and Mission fund, respectively.The net outoings of General Fund for the year were (£14,565) with an accumulated balance of £46,454 at the end of year. To reduce the risk of COVID transmission, we have stopped collection when we returned in person service in August, instead we have asked all donations to be made online. Unless stated otherwise, all online donations have gone into General fund.

Personnel Fund: A total of £40,767 was received over 2021, of which £360 was received from offering, £24,659 from General Fund internal transfer and the remaining £15,748 was donation from our mission partners. Expenses of £34,210 were recorded in 2021. The accumulated balance at the end of the year was £7,288.

Property Fund: £120 was received from the offering this year. There were no outgoings in Property Fund. The accumulated balance at the year end was £90,615.

Mission Fund: The total donation received was £1,015 which includes an internal transfer of £942 from General Fund, with expenses of £2,503 in 2021. In 2021, we have contributed Chinese Alliance Churches Union (UK) [CACU (UK)], student fellowship and local missions. The accumulated balance at the year end was a deficit of (£146).

Charity Fund: There are no incomings and outgoings. The accumulated balance remains as £194 at the year end.

We have instructed Fox Jennings Cullen Accountants & Business Advisers to prepare the 2021 financial report of Leeds Alliance Church.

Page 4

Leeds Alliance Church

Trustees' Report

Reserves policy

The Reserves Policy for the Church is to hold a minimum sum equivalent to 3 months' average expenditure which is broadly equivalent to £5,000. This should be sufficient to meet any unforeseen item of major expenditure on the assessment and to be able to continue, in the short term, funding planned activities in the event of any inability to raise the funds from the giving of the church. To achieve this, Leeds Alliance Church will aim to put £1,000 per year into reserves from income until that level is achieved.

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Leeds Alliance Church for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Mr Siu Boon Ma Company secretary and trustee

......................................... Mr Wesley Wing Yau Wong Trustee

Page 5

Leeds Alliance Church

Independent Examiner's Report to the trustees of Leeds Alliance Church ("the Company")

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of Leeds Alliance Church are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of Leeds Alliance Church as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... A D Ormondroyd FCA Fox Jennings Cullen

Tarn House 77 High Street Yeadon Leeds LS19 7SP

Date:.............................

Page 6

Leeds Alliance Church

Statement of Financial Activities for the Year Ended 31 December 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Other income
Total Income
Expenditure on:
Charitable activities
12
Total Expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought
forward
Total funds carried forward
9		 Unrestricted funds
Designated
£
General
£
-
23,377
-
6
-
23,383
-
(12,347)
-
(12,347)
-
11,036
(2,073)
(25,601)
(2,073)
(14,565)
2,073
61,019
-
46,454		 Restricted
funds
£
16,301
-
16,301
(36,713)
(36,713)
(20,412)
27,674
7,262
90,689
97,951		 Total
2021
£
39,678
6
39,684
(49,060)
(49,060)
(9,376)
-
(9,376)
153,781
144,405		 Total
2020
£
48,219
-
48,219
(52,960)
(52,960)
(4,741)
-
(4,741)
158,522
153,781

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 9.

The notes on pages 9 to 16 form an integral part of these financial statements. Page 7

Leeds Alliance Church

(Registration number: 08743494) Balance Sheet as at 31 December 2021

Note
Fixed assets
Tangible assets
5
Current assets
Debtors
6
Cash at bank and in hand
7
Creditors: Amounts falling due within one year
8
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
9		 2021
£
-
2,933
143,048
145,981
(1,576)
144,405
144,405
97,951
46,454
144,405		 2020
£
133
2,160
153,746
155,906
(2,258)
153,648
153,781
90,689
63,092
153,781

For the financial year ending 31 December 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The financial statements on pages 7 to 16 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

......................................... ......................................... Mr Siu Boon Ma Mr Wesley Wing Yau Wong Company Secretary and Trustee Trustee

The notes on pages 9 to 16 form an integral part of these financial statements. Page 8

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

1 Charity status

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

The address of its registered office is: 2A Blackman Lane Woodhouse Leeds West Yorkshire LS2 9ER

Authorised for issue date

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Leeds Alliance Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Page 9

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.

Tangible fixed assets

Individual fixed assets costing £250.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Fixtures and equipment

Depreciation method and rate 25% straight line

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 10

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Gift aid reclaimed
Total for 2021
Total for 2020		 Unrestricted funds
Designated
£
General
£
-
20,544
-
2,833
-
23,377
28,099
20,209		 Restricted
funds
£
16,301
-
16,301
(89)		 Total
funds
£
36,845
2,833
39,678
48,219

4 Taxation

The charity is a registered charity and is therefore exempt from taxation.

5 Tangible fixed assets

5
Tangible fixed assets
Cost
At 1 January 2021
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020
6
Debtors
Prepayments
Other debtors		 Fixtures and
equipment
£
1,381		 Total
£
1,381
1,381
1,248
133
1,381
-
133
2020
£
100
2,060
1,381
1,248
133
1,381
-
133
2021
£
100
2,833
2,933
2,160

Page 11

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

7 Cash and cash equivalents

Cash on hand
Cash at bank
Bank overdrafts
Cash and cash equivalents in statement of cash flows
8
Creditors: amounts falling due within one year
Bank overdrafts
Other creditors
Accruals		 2021
£
-
143,048
143,048
(146)
142,902
2021
£
146
716
714
1,576		 2020
£
69
153,677
153,746
-
153,746
2020
£
-
868
1,390
2,258

9 Funds

Unrestricted funds
General
General fund
Designated
Personnel fund
Mission fund
Total unrestricted funds
Restricted funds
Property fund
Personnel fund
Mission fund
Charity appeal fund
Total funds		 Balance at 1
January
2021
£
61,019
731
1,342
2,073
63,092
90,495
-
-
194
90,689
153,781		 Incoming
resources
£
23,383
-
-
-
23,383
120
16,108
73
-
16,301
39,684		 Resources
expended
£
(12,347)
-
-
-
(12,347)
-
(34,210)
(2,503)
-
(36,713)
(49,060)		 Transfers
£
(25,601)
(731)
(1,342)
(2,073)
(27,674)
-
25,390
2,284
-
27,674
-		 Balance at
31
December
2021
£
46,454
-
-
-
46,454
90,615
7,288
(146)
194
97,951
144,405

Page 12

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

Unrestricted funds
General
Designated
Total unrestricted funds
Restricted funds
Total funds		 Balance at 1
January
2020
£
48,012
18,187
66,199
92,323
158,522		 Incoming
resources
£
20,209
28,099
48,308
(89)
48,219		 Resources
expended
£
(7,985)
(44,975)
(52,960)
-
(52,960)		 Transfers
£
783
762
1,545
(1,545)
-		 Balance at
31
December
2020
£
61,019
2,073
63,092
90,689
153,781

Purposes of designated funds

A designated fund is a particular form of unrestricted fund, consisting of amounts of unrestricted funds which have been allocated or designated for specific purposes by the church itself. The use of designated funds for their designated purposes will remain at the decision of the directors.

Personnel fund - the fund was set up to employ a minister.

Mission fund - the fund was set up to support specific mission events of the church.

Purposes of restricted funds

Restricted funds are funds subject to specific conditions, imposed by the donors and binding on the directors of the Church Council. They represent unexpended restricted income and/or other assets on which restrictions as to their use apply. The conditions may alternatively be imposed not by the donors but by the trusts relating to the donation.

Property fund - it is a pool of unexpended resources, held and maintained separately from other pools. It should only be used to acquire any church properties or maintain properties belonging to the church.

Personnel fund - the fund was set up to employ a minister.

Charity appeal fund - it is a pool of unexpended resources, held and maintained separately from other pools. It should only be used to provide assistance to individuals who are unconnected with the Church council members and who encouner short term financial hardship or Christian charities whose purposes are to provide humanitarian aid to the poor in general.

Page 13

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

10 Analysis of net assets between funds

Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
47,884
(1,430)
46,454
Unrestricted funds
General
£
Designated
£
133
-
63,144
2,073
(2,258)
-
61,019
2,073		 Restricted
funds
£
98,097
(146)
97,951
Restricted
funds
£
-
90,689
-
90,689		 Total funds at
31 December
2021
£
145,981
(1,576)
144,405
Total funds at
31 December
2020
£
133
155,906
(2,258)
153,781

11 Independent examiner's remuneration

11 Independent examiner's remuneration
2021 2020
£ £
Examination of the financial statements 714 663

12 Expenditure on charitable activities

Direct charitable expenditure
Congregational expenses
Administration of the church
Fellowships, school expenses and
evangelical events
Other charges		 Unrestricted
General
£
4,234
6,029
357
90
1,637
12,347		 Restricted
£
34,210
-
-
2,503
-
36,713		 Total
2021
£
38,444
6,029
357
2,593
1,637
49,060		 Total
2020
£
45,065
2,972
259
2,761
1,903
52,960

Page 14

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

Direct Charitable Expenditure
Minister working expenses
Charity donations & mission
support
Personnel expenses
Congregational expenses
Speaker's fees
Hire of church premises
Car park fees
Travel/Mileages allowance
Hospitality expenses
Anniversary & Christmas expenses
Administration of the Church
Printing, stationery and advertising
Equipment, repairs and maintenance
CCPAS & DBS
Fellowships, schools expenses and
evangelical events
Sunday children school
Welcome/CNY/Summer and
Outreach events
Student fellowship		 Unrestricted
General
£
150
4,084
-
4,234
Unrestricted
General
£
90
-
-
90		 Restricted
£
-
-
34,210
34,210
Unrestricted
General
£
260
4,400
-
960
56
353
6,029
Unrestricted
General
£
-
53
304
357
Restricted
£
-
2,478
25
2,503		 Total
2021
£
150
4,084
34,210
38,444
Total
2021
£
260
4,400
-
960
56
353
6,029
Total
2021
£
-
53
304
357
Total
2021
£
90
2,478
25
2,593		 Total
2020
£
388
2,390
42,287
45,065
Total
2020
£
35
2,410
375
15
77
60
2,972
Total
2020
£
68
71
120
259
Total
2020
£
42
2,688
31
2,761

Page 15

Leeds Alliance Church

Notes to the Financial Statements for the Year Ended 31 December 2021

Other charges
Independent examiner fees
Examination of the financial statements
Legal and professional
Internet domain fees
Depreciation
Insurance
13 Net incoming/outgoing resources
Net outgoing resources for the year include:
Depreciation of fixed assets		 Unrestricted
General
£
714
-
452
132
339
1,637		 Total
2021
£
714
-
452
132
339
1,637
2021
£
132		 Total
2020
£
663
390
420
132
298
1,903
2020
£
132

14 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

Page 16