| Page | |||||
|---|---|---|---|---|---|
| Trustees' annual report (incorporating the |
director's | report) | |||
| Independent examiner's report |
to the trustees | ||||
| Statement offinancial |
activities | (including | income and | ||
| expenditure account) |
|||||
| Statement offinancial |
position | ||||
| Notes to the financial | statements | ||||
| The following pages |
do not form part ofthe financial statements | ||||
| Detailed statement of |
financial | activities | 20 | ||
| Notes to the detailed | statement | offinancial | activities | 22 |
| 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 KYF Chan | |||||||||||
| Mr RJordan | |||||||||||
| Mr YW Fong | |||||||||||
| Mr KW Chiu | |||||||||||
| Mr S0Lee | (Resigned | 25 April 2021) | |||||||||
| MrP W Lai | |||||||||||
| MrYP Chan | |||||||||||
| MsAWu | |||||||||||
| Ms XZ Guo | |||||||||||
| Mrs R Cheung | (Appointed | 25 April 2021) | |||||||||
| Independent | examiner | Howard Matthews |
BA FCA | ||||||||
| Queensgate | House | ||||||||||
| 23 North Park Road | |||||||||||
| Harrogate | |||||||||||
| North Yorkshire | |||||||||||
| HG1 5PD |
| Year ended 31 Dece | mber | 20 | 21 | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 156,632 | 156,705 | 313,337 | 190,240 | ||
| Charitable activities |
6 | 8,737 | 8,737 | 9,264 | |||
| Investment income |
7 | 47 | 301 | 348 | 348 | ||
| Total income | 156,679 | 165,743 | 322,422 | 199,852 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 8,9 | 152,838 | 18,105 | 170,943 | 158,729 | |
| Total expenditure | 152,838 | 18,105 | 170,943 | 158,729 | |||
| Net income and net movement | in | funds | 3,841 | 147,638 | 151,479 | 41,123 | |
| Reconciliation offunds |
|||||||
| Total funds brought forward | 166,201 | 1,108,888 | 1,275,089 | 1,233,966 | |||
| Total funds carried forward | 170,042 | 1,256,526 | 1,426,568 | 1,275,089 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | F | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 14 | 296,421 | 304,316 | |||
| Current assets | ||||||
| Debtors | 15 | 19,922 | 36,640 | |||
| Cash at bank and | in | hand | 1,182,125 | 966,018 | ||
| 1,202,047 | 1,002,658 | |||||
| Creditors: amounts | falling | due within one year | 16 | 71,900 | 31,885 | |
| Net current assets | 1,13Q,147 | 970,773 | ||||
| Total assets less | current | liabilities | 1,426,568 | 1,275,089 | ||
| Net assets | 1,426,568 | 1,275,089 | ||||
| Funds ofthe charity | ||||||
| Restricted funds | 1,256,526 | 1,108,888 | ||||
| Unrestricted funds |
170,042 | 166,2Q1 | ||||
| Total charity funds | 18 | 1,426,568 | 1,275,089 |
| value, over the useful econo | mic life ofthat asset |
as fo |
|---|---|---|
| Freehold property |
2% straight | line |
| Fixtures and fittings | 20% straight | line |
| Motor vehicles | 20% straight | line |
| User defined asset | 10%straight | line |
| Unrestricted | Restricted | Total | Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||||||
| F | |||||||||
| Donations | |||||||||
| Offerings | 138,416 | 152,956 | 291,372 | ||||||
| Other donations | and legacies | ||||||||
| Gift aid | 18,216 | 3,749 | 21,965 | ||||||
| 156,632 | 156,705 | 313,337 | |||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2020 | |||||||
| F | |||||||||
| Donations | |||||||||
| Offerings | 114,923 | 29,529 | 144,452 | ||||||
| Other donations | and legacies | ||||||||
| Gift aid | 34,877 | 10,911 | 45,788 | ||||||
| 149,800 | 40,440 | 190,240 | |||||||
| 6. | Charitable | activities | |||||||
| Restricted | Total Funds | Restricted | Total Funds | ||||||
| Funds | 2021 | Funds | 2020 | ||||||
| E | |||||||||
| Chinese school | income | 8,737 | 8,737 | 9,264 | 9,264 | ||||
| 7. | Investment | income | |||||||
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2021 | |||||||
| F | |||||||||
| Bank interest | receivable | 47 | 301 | 348 | |||||
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2020 | |||||||
| F | |||||||||
| Bank interest | receivable | 47 | 301 | 348 |
| Expendi | ture on charitable activities |
by fund type | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Church | 131,679 | 7,945 | 139,624 | |
| Chinese | school | 10,160 | 10,160 | |
| Support | to missions | 20,259 | 20,259 | |
| Support | costs | 900 | 900 | |
| 152,838 | 18,105 | 170,943 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| 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,?29 |
| Activities | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| undertaken | Total funds | Total fund | |||||||
| directly Support costs f |
2021 | 2020 E |
|||||||
| Church | 139,624 | 139,624 | 134,694 | ||||||
| Chinese school | 10,160 | 10,160 | 7,405 | ||||||
| Support to missions | 20,259 | 20,259 | 15,730 | ||||||
| Governance | costs | 900 | 900 | 900 | |||||
| 170,043 | 900 | 170,943 | 158,729 | ||||||
| 10. | Net income | ||||||||
| Net income | is stated after | chargingi(crediting): | |||||||
| 2021 | 2020 | ||||||||
| Depreciation | oftangible | fixed assets | 7,895 | 9,611 | |||||
| 11. | Independent | examination | fees | ||||||
| 2021 | 2020 | ||||||||
| Fees payable to the independent | examiner for: | ||||||||
| Independent | examination | ofthe | financial | statements | 900 | 900 |
| Tangible fixed assets | |||||
|---|---|---|---|---|---|
| Freehold | Fixtures and | Motor User defined | |||
| property | fittings | vehicles | asset | Total | |
| Cost | |||||
| At 1 January 2021 and |
|||||
| 31 December 2021 | 390,033 | 21,088 | 9,050 | 88,235 | 508,406 |
| Depreciation | |||||
| At 1 January 2021 | 85,811 | 21,088 | 8,956 | 88,235 | 204,090 |
| Charge for the year | 7,801 | 94 | 7,895 | ||
| At 31 December 2021 | 93,612 | 21,088 | 9,050 | 88,235 | 211,985 |
| Carrying amount |
|||||
| At 31 December 2021 | 296,421 | 296,421 | |||
| At 31 December 2020 | 304,222 | 304,316 |
| 15. | Debtors | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| f | ||||
| Other debtors | 19,922 | 36,640 | ||
| 16. | Creditors: amounts | falling due within one year | ||
| 2021 | 2020 | |||
| f | ||||
| Accruals and deferred | income | 900 | 900 | |
| Other creditors | 71,000 | 30,985 | ||
| 71,900 | 31,885 |
| At | At | |||||
|---|---|---|---|---|---|---|
| 1 | January 202 | 31 | December | |||
| Income | Expenditure | 2021 | ||||
| P | ||||||
| General | funds | 166,201 | 156,679 | (152,838) | 170,042 | |
| At | At | |||||
| 1 | January 202 | 31 | December | |||
| 0 | income | Expenditure | 2020 | |||
| General | funds | 143,213 | 149,847 | (126,859) | 166,201 | |
| Restricted funds | ||||||
| At | At | |||||
| I | January 202 | 31 | December | |||
| 1 | Income | Expenditure | 2021 | |||
| Building | fund | 1,095,415 | 157,006 | (7,945) | 1,244,476 | |
| Chinese | school | 10,911 | 8,737 | (10,160) | 9,488 | |
| Mr Burrows fund | 2,562 | 2,562 | ||||
| 1,108,888 | 165,743 | (18,105) | 1,256,526 | |||
| At | At | |||||
| 1 | January 202 | 31 | December | |||
| 0 E |
Income f |
Expenditure | 2020 E |
|||
| 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 |
| Analysis of net as | sets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Tangible fixed assets | 296,421 | 296,421 | ||
| Current assets | 170,942 | 1,031,105 | 1,202,047 | |
| Creditors less than | 1 year | (900) | (71,000) | (71,900) |
| Net assets | 170,042 | 1,256,526 | 1,426,568 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| F | ||||
| 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 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Income and endowments | ||||
| Donations and legacies |
||||
| Offerings | 291,372 | 144,452 | ||
| Gift aid | 21,965 | 45,788 | ||
| 313,337 | 190,240 | |||
| Charitable activities |
||||
| Chinese school income | 8,737 | 9,264 | ||
| Investment income |
||||
| Bank interest receivable | 348 | |||
| Total income | 322,422 | 199,852 | ||
| Expenditure | ||||
| Expenditure on charitable |
activities | |||
| Wages and salaries | 96,509 | 71,707 | ||
| Pension costs | 2,763 | 1,971 | ||
| Other establishment | 22,432 | 22,758 | ||
| Legal and professional | fees | 900 | 900 | |
| Other office costs | 897 | 18,026 | ||
| Depreciation | 7,895 | 9,611 | ||
| Gifts to COCM | 6,600 | 6,600 | ||
| Special gifts | 7,370 | 1,260 | ||
| Gifts to missionaries | 6,289 | 7,870 | ||
| Bank charges | 50 | |||
| Equipment | 392 | 1,731 | ||
| Minibus running expenses |
1,148 | 1,933 | ||
| Sunday school | 146 | |||
| Sundries | 581 | 292 | ||
| Staff and speaker expenses | 1,737 | 1,858 | ||
| Honorarium to internal speaker |
3,500 | 3,730 | ||
| Honorarium to outside speaker |
720 | 290 | ||
| Conference expenses | 1,123 | |||
| Library books and tapes | 1,150 | 1,210 | ||
| Catering | 1,088 | 58 | ||
| Teacher travel allowance | 8,826 | 5,751 | ||
| 170,943 | 158,729 | |||
| Total expenditure | 170,943 | 158,729 |
| 2021 | 2020 |
|---|---|
| 151,479 | 41,123 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | |||||
| Expenditure on charitable |
activities | ||||
| Church | |||||
| Activities undertaken | directly | ||||
| Ministry salaries | 96,509 | 71,?07 | |||
| Pension costs | 2,763 | 1,971 | |||
| Church building running |
expenses | 22,432 | 22,758 | ||
| Other expenses | 144 | 16,664 | |||
| Depreciation | 7,895 | 9,611 | |||
| Bank charges | 50 | ||||
| Equipment | 392 | 1,731 | |||
| Minibus running expenses |
1,148 | 1,933 | |||
| Sunday school | 146 | ||||
| Staff and speaker expenses | 1,737 | 1,858 | |||
| Honorarium to internal |
speaker | 3,500 | 3,730 | ||
| Honorarium to outside |
speaker | 720 | 290 | ||
| Conference expenses | 1,123 | ||||
| Library books and tapes | 1,150 | 1,210 | |||
| Catering | 1,088 | 58 | |||
| 139,624 | 134,694 | ||||
| Chinese school | |||||
| Activities undertaken | directly | ||||
| Stationery | 753 | 1,362 | |||
| Miscellaneous | 581 | 292 | |||
| Teacher travel allowance | 8,826 | 5,751 | |||
| 10,160 | 7,405 | ||||
| Support to missions | |||||
| Activities undertaken | directly | ||||
| Gifts to COCM | 6,600 | 6,600 | |||
| Special gifts | 7,370 | 1,260 | |||
| Gifts to missionaries | 6,289 | 7,870 | |||
| 20,259 | 15,730 | ||||
| Governance costs | |||||
| Governance costs - accountancy |
fees | 900 | 900 | ||
| Expenditure on charitable |
activities | 170,943 | 158,729 |