| Page | |||||
|---|---|---|---|---|---|
| Trustees' annual report (incorporating the |
director's | report) | |||
| Independent examiner's report |
to the trustees | ||||
| Statement of financial |
activities | (including | income and | ||
| expenditure account) |
|||||
| Statement of financial |
position | ||||
| Notes to the tinancial | statements | ||||
| The following pages |
do not form part ofthe financial statements | ||||
| Detailed statement of |
financial | activities | 19 | ||
| Notes to the detailed | statement | of financial | activities | 21 |
| Registered | Registered | charity | name | name | Leeds Chinese | Leeds Chinese | Christian | Christian | Church |
|---|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1174012 | |||||||
| Company | registration | number | 10850435 | ||||||
| Principal | office and | registered | 155 Kirkstall | Road | |||||
| office | Leeds | ||||||||
| West Yorkshire | |||||||||
| LS4 2AG | |||||||||
| The trustees | |||||||||
| Mr F B Mok | |||||||||
| Mrs K Y F Chan | |||||||||
| Mr R Jordan | |||||||||
| Mr YW Fong | |||||||||
| Mr K W Chiu | |||||||||
| Mr S0 Lee | |||||||||
| Mr P W Lai | |||||||||
| Mr Y P Chan | |||||||||
| Ms A Wu | |||||||||
| Ms X2 Guo | |||||||||
| Independent | examiner | Howard Matthews |
BA FCA | ||||||
| Queensgate | House | ||||||||
| 23 North Park Road |
|||||||||
| Harrogate | |||||||||
| North Yorkshire | |||||||||
| HG1 5PD |
| Year ended 31 Dece | mber | 20 | 20 | ||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Totalfunds | Total funds | ||||
| Note | 8 | ||||||
| Income and endowments | |||||||
| Donations and legacies |
149,800 | 40,440 | 190,240 | 181,685 | |||
| Charitable activities |
9,264 | 9,264 | 12,732 | ||||
| Investment income |
47 | 301 | 348 | 275 | |||
| Total income | 149,847 | 50,005 | 199,852 | 194,692 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 8,9 | 126,859 | 31,870 | 158,729 | 192,587 | |
| Total expenditure | 126,859 | 31,870 | 158,729 | 192,587 | |||
| Net Income and net movement | in | funds | 22,988 | 18,135 | 41,123 | 2,105 | |
| Reconciliation of funds |
|||||||
| Total funds brought forward |
143,213 | 1,090,753 | 1,233,966 | 1,231,861 | |||
| Total funds carried forward | 166,201 | 1,108,888 | 1,275,089 | 1,233,966 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Tangible fixed assets | 14 | 304,316 | 313,927 | |||
| Current assets | ||||||
| Debtors | 15 | 36,640 | 15,088 | |||
| Cash at bank and | in | hand | 966,0I8 | 936,836 | ||
| 1,002,658 | 951,924 | |||||
| Creditors: amounts | falling | due within one year | 16 | 31,885 | 31,885 | |
| Net current assets | 970,773 | 920,039 | ||||
| Total assets less | current | liabilities | 1,275,089 | 1,233,966 | ||
| Net assets | 1,275,089 | 1,233,966 | ||||
| Funds ofthe charity | ||||||
| Restricted funds |
1,108,888 | 1,090,753 | ||||
| Unrestricted funds |
166,201 | 143,213 | ||||
| Total charity funds | 18 | 1,275,089 | 1,233,966 |
| value, over the useful econo | mic life of that asset |
as fo |
|---|---|---|
| Freehold property |
2%straight | line |
| Fixtures and fittings | 20% straight | line |
| Motor vehicles | 20% straight | line |
| User defined asset | I0%straight | line |
| 5. | Donation | s | and | legacies | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restncted | Total | Funds | ||||||
| Funds | Funds | 2020 | |||||||
| 2 | |||||||||
| Donations | |||||||||
| Offerings | 114,923 | 29,529 | 144,452 | ||||||
| Other donations | and legacies | ||||||||
| Grft aid | 34,877 | 10,911 | 45,788 | ||||||
| 149,800 | 40,440 | 190,240 | |||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2019 | |||||||
| Donations | |||||||||
| Offerings | 131,425 | 51,669 | 183,094 | ||||||
| Other donations | and legacies | ||||||||
| Gift aid | (966) | (443) | (1,409) | ||||||
| 130,459 | 51,226 | 181,685 | |||||||
| 6. | Charitable | activities | |||||||
| Restncted | Total Funds | Restncted | Total Funds | ||||||
| Funds | 2020 | Funds | 2019 | ||||||
| Chinese | school | income | 9,264 | 9,264 | 12,732 | 12,732 | |||
| 7. | Investment | income | |||||||
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2020 | |||||||
| Bank interest receivable | 47 | 301 | 348 | ||||||
| Unrestricted | Restncted | Total Funds | |||||||
| Funds | Funds | 2019 | |||||||
| 8 | F | ||||||||
| Bank interest receivable | 47 | 228 | 275 |
| Expendit | ure on charitable activities |
by fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Restncted | Total | Funds | ||
| Funds | Funds | 2020 | |||
| 6 | |||||
| Church | 110,229 | 24,465 | 134,694 | ||
| Chinese | school | 7,405 | 7,405 | ||
| Support | to missions | 15,730 | 15,730 | ||
| Support | costs | 900 | 900 | ||
| 126,859 | 31,870 | 158,729 | |||
| Unrestricted | Restricted | Total | Funds | ||
| Funds | Funds | 2019 | |||
| 6 | |||||
| Church | 119,442 | 33,570 | 153,012 | ||
| Chinese | school | 15,195 | 15,195 | ||
| Support | to missions | 23.480 | 23,480 | ||
| Support | costs | 900 | 900 | ||
| 143,822 | 48,765 | 192,587 |
| Activities | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | ||||||
| directly | cosls | 2020 | 2019 | ||||||
| 2 | 8 | 2 | |||||||
| Church | 134,694 | 134,694 | 153,012 | ||||||
| Chinese school | 7,405 | 7,405 | 15,195 | ||||||
| Support to missions | 15,730 | 15,730 | 23,480 | ||||||
| Governance | costs | 900 | 900 | 900 | |||||
| 157,829 | 900 | 158,729 | 192,587 | ||||||
| 10. | Net income | ||||||||
| Net income | is stated after | charging/(crediting): | |||||||
| 2020 | 2019 | ||||||||
| 2 | |||||||||
| Oepreciation | of tangible | fixed assets | 9,611 | 18,430 | |||||
| 11. | Independent | examination | fees | ||||||
| 2020 | 2019 | ||||||||
| Fees payabie to the independent | examiner for: | ||||||||
| Independent | examination | of the | financiai | statements | 900 | 900 |
| Statf co | s | ts | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The total | staff | costs | and | employee | benefits | for | the reporting | period are analysed as follows: |
|||||
| 2020 | 2019 | ||||||||||||
| Wages and salaries | 71,707 | 64,930 | |||||||||||
| Employer | contributions | to pension | plans | 1,971 | 1,780 | ||||||||
| 73,678 | 66,710 | ||||||||||||
| The average | head | count | of employees | dunng | the year was 4 (2019:4). The average | number of |
|||||||
| full-time | equivalent | employees | during | the year | is analysed as follows: | ||||||||
| 2020 | 2019 | ||||||||||||
| No. | No. | ||||||||||||
| Charitable | activities | 2 | 2 | ||||||||||
| Administration | 2 | 2 | |||||||||||
| 4 | 4 |
| Tangible fixed assets | |||||
|---|---|---|---|---|---|
| User | |||||
| Freehold | Fixtures and | Motor | defined | ||
| property | fittings | vehicles | asset | Total | |
| Cost | |||||
| At 1 January 2020 and | |||||
| 31 December 2020 | 390,033 | 21,088 | 9,050 | 88,235 | 508,406 |
| Depreciation | |||||
| At 1 January 2020 | 78,010 | 21,088 | 7,146 | 88,235 | 194,479 |
| Charge for the year | 7,801 | 1,810 | 9,611 | ||
| At 31 December 2020 | 85,811 | 21,088 | 8,956 | 88,235 | 204,090 |
| Carrying amount |
|||||
| At 31 December 2020 | 304,222 | 94 | 304,316 | ||
| At 31 December 2019 | 312,023 | 1,904 | 313,927 | ||
| Debtors | |||||
| 2020 | 2019 | ||||
| Other debtors | 36,640 | 15,088 |
| Creditors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Accruais and deferred | income | 900 | 900 |
| Other creditors | 30,985 | 30,985 | |
| 31,885 | 3'1,885 |
| At | At | |||||||
|---|---|---|---|---|---|---|---|---|
| I | January 20 |
31 | Decembe | |||||
| 20 | Income | Expenditure | r 2020 | |||||
| 2 | 2 | 2 | ||||||
| General | funds | 143,213 | 149,847 | (126,859) | 166,201 | |||
| At | At | |||||||
| I | January 20 | 31 | December | |||||
| 19 | Income | Expenditure | 2019 | |||||
| 6 | 2 | |||||||
| General | funds | 156,529 | 130,506 | (143,822) | 143,213 | |||
| Restricted | funds | |||||||
| At | At | |||||||
| 1 | January 20 | 31 | Decembe | |||||
| 20 | Income | Expenditure | r 2020 | |||||
| 2 | 2 | |||||||
| Building | fund | 1,079, 139 | 40,741 | (24,465) | 1,095,415 | |||
| Chinese | school | 9,052 | 9,264 | (7,405) | 10,911 | |||
| Mr Burrows | fund | 2,562 | 2,562 | |||||
| 1,090,753 | 50,005 | (31,870) | 1,108,888 | |||||
| At | At | |||||||
| I | January 20 | 31 | December | |||||
| 19 | Income | Expenditure | 2019 | |||||
| 2 | 2 | 2 | ||||||
| Building | fund | 1,061,255 | 51,454 | (33,570) | 1,079,139 | |||
| Chinese | school | 11,515 | l2,732 | (15,195) | 9,052 | |||
| Mr Burrows | fund | 2,562 | 2,562 | |||||
| 1,075,332 | 64,186 | (48,765) | 1,090,753 |
| Analysis | of net as | sets between funds |
|||
|---|---|---|---|---|---|
| Unrestncted | Restricted | Total Funds | |||
| Funds | Funds | 2020 | |||
| 2 | 8 | ||||
| Tangible | fixed assets | 94 | 304,222 | 304,316 | |
| Current | assets | 167,007 | 835,651 | 1,002,658 | |
| Creditors | less than | 1 year | (900) | (30,985) | (31,885) |
| Net assets | 166,201 | 1,108,888 | 1,275,089 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2019 | |||
| 2 | |||||
| Tangible | fixed assets | 1,904 | 312,023 | 313,927 | |
| Current | assets | 142,209 | 809,715 | 951,924 | |
| Creditors | less than | 1 year | (900) | (30,985) | (31,885) |
| Net assets | 143,213 | 1,090,753 | 1,233,966 |
| Year ended 31 De | cem | ber 2020 | ||
|---|---|---|---|---|
| 2020 | 20I9 | |||
| Income and endowments | ||||
| Donations and legacies |
||||
| Offenngs | 144,452 | 183,094 | ||
| Gift aid | 45,788 | (1,409) | ||
| 190,240 | 181,685 | |||
| Charitable activities |
||||
| Chinese school income | 9,264 | 12,732 | ||
| Investment income |
||||
| Bank interest receivable | 348 | 275 | ||
| Total income | 199,852 | 194,692 | ||
| Expenditure | ||||
| Expenditure on charitable |
activities | |||
| Wages and salaries | 71,707 | 64,930 | ||
| Pension costs | 1,971 | 1,780 | ||
| Other establishment | 22,758 | 20,863 | ||
| Legal and professional | fees | 900 | 900 | |
| Other office costs | 18,026 | 19,177 | ||
| Depreciation | 9,611 | 18,430 | ||
| Gifts to COCM | 6,600 | 6,600 | ||
| Special gifts | 1,260 | 7,680 | ||
| Gifts to missionaries | 7,870 | 9,200 | ||
| Gifts | 20 | |||
| Bank charges | 50 | 25 | ||
| Equipment | 1,731 | 2,863 | ||
| Minibus running expenses |
1,933 | 1,734 | ||
| Sunday school | 785 | |||
| Sundries | 6,915 | |||
| Staff and speaker expenses | 1,858 | 6,229 | ||
| Honorarium to internal |
speaker | 3,730 | 3,780 | |
| Honoranum to outside |
speaker | 290 | 2,030 | |
| Conference expenses | 1,123 | 4,855 | ||
| Library books and tapes | 1,210 | 3,029 | ||
| Catering | 350 | 1,886 | ||
| Teacher travel allowance | 5,751 | 8,296 | ||
| Rents for meeting places |
580 | |||
| 158,729 | 192,587 | |||
| Total expenditure | 158,729 | 192,587 |
| 2020 | 2019 | ||
|---|---|---|---|
| Net | income | 4L123 | 2,105 |
| Year ended 31 Dec | em | ber 2020 | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Expenditure on charitable |
activities | |||
| Church | ||||
| Activities undertaken | directly | |||
| Ministry salaries | 71,707 | 64,930 | ||
| Pension costs | 1,971 | 1,780 | ||
| Church building running |
expenses | 22,758 | 20,863 | |
| Other expenses | 16,664 | 16,950 | ||
| Depreciation | 9,611 | 18,430 | ||
| Bank charges | 50 | 25 | ||
| Equipment | 1,731 | 2,863 | ||
| Minibus running expenses |
1,933 | 1,734 | ||
| Sunday school | 785 | |||
| Sundries | 2,389 | |||
| Staff and speaker expenses | 1,858 | 6,229 | ||
| Honorarium to internal speaker |
3,730 | 3,780 | ||
| Honorarium to outside speaker |
290 | 2,030 | ||
| Conference expenses | 1,123 | 4,855 | ||
| Library books and tapes | 1,210 | 3,029 | ||
| Catering | 58 | 1,760 | ||
| Rents for meeting places | 580 | |||
| 134,694 | 153,012 | |||
| Chinese school | ||||
| Activities undertaken | directly | |||
| Stationery | 1,362 | 2,227 | ||
| Gifts | 20 | |||
| Miscellaneous | 4,526 | |||
| Catering expenses | 292 | 126 | ||
| Teacher travel allowance | 5,751 | 8,296 | ||
| 7,405 | 15,195 | |||
| Support to missions | ||||
| Activities undertaken | directly | |||
| Gifts to COOM | 6,600 | 6,600 | ||
| Special gifts | 1,260 | 7,680 | ||
| Gifts to missionaries | 7,870 | 9,200 | ||
| 15,730 | 23,480 | |||
| Governance costs | ||||
| Governance costs - accountancy fees |
900 | 900 | ||
| Expenditure on charitable |
activities | 158,729 | 192,587 |