Chlnese Commun Wellbein Socle Accounts 2023-24 Year Endin 31 St March 2024 Chinese Community Wellbeing Society Regirtered Chaiity Number: 1181750 Formerly known as Bristol and Avon thinese Women's Group Reglstered Charfty Number. 1079401 T￿￿ Report 2023124 Ob ert5 of the chari To relieve sickness, hardship and distress by providing assistance. advi￿, representation and servlces amngst the Chinese community. To provide or assist In the provlsion of facilities for ￿￿ation or other leisure time occupation for people and their families or for those ￿rsOn$ who have need of such facilities by reason of thelr youth, age. Infirmity or disablement. poverty or social and economic circumstan￿5 in the interests of social welfare with a view to improving thelr conditions of life. The advancement of education between the Chinese community and the local communlty through educational. cultural and social actNilie Board of Trustees Below are the names of all ihe Trusteesfor 2023124: Chair: Wice Chalr.. Treasurer.. Secretary: Poh Hooi Teoh Royston Griffey Poh Hooi Teoh (acting} Drsunny Chan Trustees.. Amy Yee Kwan lo Maria Choi Andy Lee Lisa Wan Pauline Winn Amyfir Activltles In the Year All of our activities are for the publlc benefft. CCWS has continued to deliver its CO￿ objectives by providing a range of projects and artNities that address the health and wellbeing of the Chinese communlty. While it ran at a healthy surplus this year, this is because some of its pmjects run in a different financial window to our financial year and so while funds were recebved in 2023124, some of the expenditure isyet to come in 2024125. We do not anticipate any significant unexpected costs and comblned wsth the deficit it ran last year, thEn we expect the organi5ation to break even overall. We still malntain a significant amount of Teserves and have in fact found it difficult to apply for new funding because of this. However, wtth funding for several projects ending in late 20231earty 2024, we have planned to Use underspend and sustainably draw down some of (i) the reserves to continue the organisation's work. while seeking new fundlng for 2024125 and beyond. Otherwise, we will continue to maintain a small runnlng cost ￿serve. redundancy costs and contingency fund, in case of any emergencies. Trusteeg Res nslbllltles Charity regulations require the Trustees to prepare accounts for each financlal year that give a true and fair view of the stste of affairs of the charity and of the surplus or deficit of the charity for that perTOd. In preparing those accounts the Trustees a￿ required to: Select suitable attountlng wllcies. and then appty them consistentty. MakeJudgements and estimates that are feasonable and prudent. Folk)w applicable accounting p)licles, subJect to any material departures disclosed and explained in the accounts. Prepare accounts on the going concern ba%s unless it is inappropriate to presume that the chartty will keep operating. The Trustees are responsible for keeping proper accounting fecords that disclose with rea50r)able accuracy at any tlme the financial position of the charity and to enable them to ensure that the accounts comply with the Charity Act 2011. They are also responsible for safeguarding the assets of the charity and he￿￿ for taklng reasonable steps for the prevention and detection of fraud and other irregularities. Reserves Pol The Trustees will Implement a Reserves Policy in accordance with SORP 2015 (Statement of Recommended Practi￿) FRS 102 once the transfer of asset5 15 complete. Rlsk AssesThnt The Trustees have conducted a review of ihe major risks to which we are exposed, and these reviewswill continue to ensure that they meet the needs of the tharity. Plans for FU￿re Perlods The Trustees will work with the staff to fundraise and deliversupport to the East and South East community in the South Wesi as the demographics and their needs continues to evolve. By order of the Trustees Signed: Name: P051tion= CW/ Date= (2) Independent Examiner's report to the trllste￿ of Chlnese Communlty Wellbelng Soclety [fomierfy known as Brlstol and Avon Chlnese Women"s Group2 I rewt on thg 0(uunts Of￿ for the 31M Marth 2tr24 vthich ar8 881 on pag&$ 4 10 12. Re8poMslbllltles of report As the charliy's trustees you are respoMibl¢ ftir the preparation of the in 8¢¢ordan¢¢ with the requir¢ments of the C￿lI11C$ Act 2011 ('the Act, I report in respect of my examination of the ￿lty.$ ac¢ounts eanied un(kr seLtiort 145 of the Act and in wrying out my examination I have followed aEI th¢ awJli¢able Directions 8iv¢n by the Charity Commission under 5¢ction 145(5Xb) orik ACL Indtpendext eumther's ststwy¢xt sin￿ th¢ charity's gross in¢ome ¢x¢¢¢d¢d £250,ry)O your examiner ml￿1 be a member of a body listed in sectiott 145 of th¢ 2011 ACL I confirni tFAt l am qualified to undert￿¥ lh¢ examination ￿C￿lL$C l am a memt*r ofThe Institsrte of Chartered Ac¢ountsnts England end Wales, whi¢h is one of the listed bodies. I h&ve Completed my examination. I confirni ihat no m8teri81 mattay hav¢ ￿me to my attention in conneciion with ihe ¢xamin8tion 8lving me tr4U5e to belleye that in any material re8￿Ct a¢ci)untillg reojrds were kept in of the clwity &8 requir&1 by yeetlon 130 of th¢ A¢t' or the accounts do not accord with tlM)se [; or the ￿¢0￿￿18 do llol a)mply with the appliLxble requirtfftents con¢ernlng the fom) a￿1 content of ac£ounts set oul in ihe Chariti&s (Acwunts and RckN)rts) Regulations 2IX)8 other than any requlremenl thal th¢ acwiitjts give 4 'tru¢ and fair vi¢w' which is not matter ￿nSIdered &s of8n inth￿ndent examination]. I hav¢ rfto ¢oncem$ AM] have come across no other thatteys in conneclion with the examination to wh']ch attention should b¢ drnwn in this r¢wrt in order to enable a prow undetstgnding of the a¢wunt5 ¢0 k¢ reaGh¢d. Name . Address . Dick Maule F.C.A. The Cross House South W<)odchester GL5 SEL Chlnese Communlty WellbeSng 5o¢lety IfoTmethi known as Brtstol and A¥on Chlnege Women"sGroupl Statement of Flnandal A¢￿[￿e5 for the yearended 3tsL MaKh 20VI Unresiricted Re5tyKted fvjnds FUNJS Total Funds 2024 2024 2024 2023 Donations Membershlp Inter￿t 1349 679 5,891 1349 679 5091 494 160 1,075 ActIv￿leS for 8eneratlng funds Fees and translation services Intome from ehaiTtable activit￿5 Grants and contracts 1818 2018 2,621 117,717 375.186 492P03 277,979 Total Ineome 375.186 503.641 282.329 ExpeDdlture Charitable actNitie5 581>38 357,278 415.315 352,737 Total E4>enditUTe 58.038 357.278 415,315 352,737 Lyet IncornellexpeAdlturel 70.417 17XYJ 88,325 170,4081 Rec•nelliatiDn of Transfers betweell reseryes 1178W71 178,887 Total brought forward 189.791 237 426.860 497,268 Totsl fmnds eirrled forward 81.320 433￿65 515,185 426,860 Chlne5e CommunltyweMbelngSDciety Iforn￿rIV kthown Brl#d aNI Avon Chlnese Women"s Groupl Balance sheet as at 315t. Marth 2024 2024 2023 Notes Tanslbte auets Curyent assets Debtors Cash on hand Cash at bank 38,959 4,798 528,3Q9 572,066 24,644 4.482 575,801 604,926 Current Ilablltles Credttors.. arnounts lallin8 due wlthin 12 rnonths 131 156A81 178,066 Net CurfeNtassets 515,185 426,860 Net a55ets 515,185 426,860 Unrestritted ￿ndS General funils Designated funds 16.791 173,0 161 81.320 Re#rlcted fund5 151 433,865 237,069 515.185 426￿60 Thesefinancial statements We￿ approv&J On behalf of the Tnjstees dated:_ io Ine5e Communlty Wellbeing $￿Iety Iforn*rty known 05 Bv15tol and Avon Chlnese Women"s Group) Statemert olcash Flows forthe year ended >IsL March Z1124 2024 2023 Cash Ilows from oper?tlng acllvitie5: Net cash provided by Iu5ed inl operating activitses Cash flowsfrom Investlng attfvltles: Interest {53,{￿1 33,131 5*92 1,075 147.1761 34,207 ChanEes In ¢ash In the reportlnE perfod Cash and cash equlvalents at the beginning of theyear Cash and cash equivalents at the end of the year 580,283 533,107 147,1761 546,076 580.283 34,207 Chlne5e Commurttty WeHbeln8 Sockty Ifomierty as Brktol and Avon Chlnese Women"$ Groupl Notes to ¢he 8¢wuMts for th¢ yeArellded 31sLM#rth 2•24 {1) PriD¢lpAIAttollthti#gP•lltit The prfndpal aGGOu￿￿ kN)Wes adopte¢ kn the ofthèlknanraal statom￿ setoul and have rpmalned Lw*arrfJ•J the (al Ba818 of proparallon The Ltsrity cL￿1rtute5 a t￿ef￿ as FRS 101The Slat￿T￿nts hav8 tEen preparÈd In ac(x￿darKamlth kcc4nlty RewUr#J ty Ch*lUe&" *h the FinarKiai Rewb'r¥J Wtekn fr UK ￿ RwW¢fjf Irew FRS 102) as vla￿ ty U￿ate Buwkn 2 arKI ￿ Ch¥￿$ Nd2011. Ibl Fund accoun￿n9 DI Unre51rthl knds are us8 at Ih8d5crthn ￿the InM*88 kn Ihe ot4ecth"¥es olthe tharity. partlcular putp(w¥. 11l1i Restric￿1 knds are sublecled to ryosed tytsd Iwh th8 tWM8 olanappea. {cl Incom tr￿(￿￿e in sla18m** of1kn￿ ac*¥it+e¥ *tEThthe c*artty folkn4￿￿9 5pec1ficp05￿ are 4)￿led catw Of￿£￿T*. I tec2i%Ed tyway of gr8rts, donalions and gfts 4¥J 15 in condttioTh4 on Ihe ￿￿YOf8 5twfi¢ ￿t￿chty, awg chartty IHoTrEs ￿Cor￿lih(X￿I1v (o tr* grant. 1111 Danaled lackn ¥8 allhEva￿ID the ¢hw*kntris ￿ be Iv11r￿on* thara2￿￿traIth￿ aL*Mty {dl ExpBndlturo ryVAT*Athlch cannot be relY￿r DICo8ts 0f￿rat7￿J thjs 8&8(M*d and thB costs ￿tr￿1￿j p￿F￿Se8. Chamatle exp8thre cOmw￿e$ th0sec05ts wrred iryts Its 8dvlV6s and a￿¥￿eS fortt8 benefirAarie5. # t￿ts t￿ ￿k)cate raf* lo 8cttYfoe¥ ￿ 11￿& L*sts of• irKlffed nat￿￿ r*£Èss¥yb IWI cosL8 we al￿al￿t bets¥een fvexw*we c*90￿$ dlhe WA M a b8sI to uso of lh6 rascKJrca. Costs relaqtvj to a are I￿ated dtrecty. thrs are appJrbc¥*d on ￿ aFfKowi* basts. Chlnese Communlty Wellbelw5odety Ifomwlyknown as Brlstol and A¥oN Chlnese Women"$ Groupl Note5 to thc for theytar t#ded 31sL M%rth 2•24 (l) Prln¢ip81 A￿04￿11#g Policies (p) Fixed Assets l ixed 8SXt& sre writtetioff Dverthe exA*thd useful life oFthe thE Stra￿bt line bBsi% a125%p¢r annuDL 12)TanglbleAssets equipment Cosr. balance brought fonyard additions in the year 20312 20,312 Deprectatlon balaKe brw8ht fDn*ard char8e forthe year 20.312 20,312 Net tookvalue at3tst. March 2024 Net book Value at 3tst. March 2023 13}Credtors and atcruals 2￿4 2023 Deferred grants Sundry Creditors 53.293 3,588 56.881 151.037 27,029 178,066 {41 Debtors and prepayments Sundry debtor5 38,959 24,644 Chlnese Ctynmynlty Wellbelng Sodety It￿[￿tr known a5 Brtstol and Avon Chkne5e Women's Groupl Notesto the accounts forthe ￿¥re￿Ied 3tsL Marth 2024 151 Capltal commltmÈnts aTbd t*Mtltyert Ilabmitles There are none ai 31M March 2024. 161 Movements In funds Balance Isi. April 2¢n3 Balance 31st. March 2024 Balance ExwKliture Transfe Unre$trl¢ted lunds Designated Funds General Fund 1731MI 16,791 189,791 81.320 128,454 128,454 158,0381 158,0381 {87,207 1178,8871 81,320 R¢stfl¢tèd thjmds Ig Lottery Fund: (hlne5e ￿[￿ern F&N Project 43286 83,189 1946531 12L2991 I￿￿09) 1223551 136.7171 119%51 81,822 6,621 27,920 10.157 16334 14,961 31,189 10,7SO 1929S rers Prole Casework WinkrOIow Uoyds Foundatl Enablement Hub Anticipatoryca Misc Small Grant$ Drop In Day Centre BNSSG SCB 25,168 25,967 33392 37.822 58.392 18.712 1565341 134.7951 110,2011 75.CIKS 40,205 L5.728 io.z .n8 80,(r32 150,297 14q5951 13331 5.785 15,9921 237,C69 375,186 1357.2781 178.887 £46,LNJOdthe money held In DesS8nated Funds is to cover po&sible redundancy payments,. £25.1￿) for future salary regrading and pay r￿e5. and £10320for anticipaiedfLrture Qwid work fin 2023 £173,000 in total wa5 designatedl. 171 Employee InfDrnI*io 189,794 4.825 Dementia Awareness Women's Re50urceCentre 207 433,865 2024 IG 2023 18 Number of ern￿0vee5 The averdge weekly numberof empkiyee5 during the year were talculated on the average head tount basis. NoeM￿ovee received ofmorethan £60.(ll). Salaries and wages Pension Social secukity Costs 321.538 13,052 17,707 352,297 263579 8.990 17,072 289,641 The key management personnel of the chartty comprisethe trtmees and the CEO, The totsl emptownent benefit of the key mann and ex[￿Se$ 191 E¥pendltyre Charitable Total 2023 Salaries Payroll and professlonal fees Rent Repairs and renewals Telephone Publldiy Events and trips Bank ch8rges Statl0nery,postaBe,photocowi￿ & offi Travel and stsff expenses Subscriptions and affiliations Meetln8 ¢OSts and v(Aunteer eNpenses Non-capitalised equSpment Projert expenses Insurance Grant returned Depreciation Ryrting account3nVslee Miscellaneous expenses Training 352,297 6￿74 12WI 289,641 2,757 10.647 855 16,152 18,074 153 1,087 1099 10,168 7,460 3.507 3.164 11,025 2.835 1162 363 875 850 3,669 175 415.315 352.737 IIOlAna17￿I5 Df net asfets bEtweenfund5 Genenl Des*wed Re51r¥kn Funds Fwds Funds Totsl Tanwble r￿ed tyts Current assets Current liabilitie5 Net 355et5 at 31st lrtèrch 2024 56,881 1SG,8811 8lJ20 433,8GS 572,066 156.8811 515,185 81,320 433,865 io Chlnese CommunltyWellbelnESoclety Ilomievlyknwwn as Brlstol afid A¥on (hine5e Women's Groupl Notestothè actauntsfor thèyèarèrtded 3tsL Marth 2024 Iiil AddSllonal notesto ¢omplywlth FR5 10Z. statement of HnanclalActhfltlÈs forthe year ended 31sL Ma￿h 2023 UnrE5blLtrd RestrKted Fut)J5 Futyjs Total Funds 2¢Y23 2023 2023 2022 Income Donatlons Member5hlp Interest 494 160 1.075 494 160 1,075 515 2B5 Actlvltles for8eneratin8fvnds Fees and translation servKes Ihcome from thadtablt Klhltles Grants and contracts 2.621 1621 3,423 ZTI.979 277,979 490,267 Total In 4.350 277.979 281329 494,496 Expendknure Charitable actr¥itie5 342,695 352,737 241,376 Totsl Expendlture 10.042 342.695 351737 241,376 Net IncomeneMpEnditurel 15.6921 164.7161 170,4081 253,120 Recondllatlon of fund5 Tran5fer5 b￿ween reserves 114.755 1114,7551 Totsl fun& br(NJght forward 416,540 497,268 244,148 Total funds card& forward 189.791 237,1 426,860 497,268 li Chlne5e Communlty Wellbe1￿ SrKletyIfom￿rty known 85 Br￿t01 arKI A7mn Chinese Women's Groupl Notes to the accountslor theyear ended 31sL Matth 2024 1111 Addttlonal notesto ¢¢Mnply wlth FRS 102. MovemErrts In funds Prloryear Balan 1st. April 2022 IrKorne 8alance 31st. March 2023 Balance El￿ditUre Transfets Vnrestrftted funds De51gnated Fund5 General Fund 793ts 815 93,087 21,668 114,755 173,IJLMJ 16,791 189,791 4.350 4.350 110.0421 110,0421 Restrfrted funds Blg Lottery Fund: thir￿se lantern Pro F&N Project css rers Projett Casework Covid Related Lloyds Foundail( Enablement Hub CC Commlssi(bn Misc Small Grants Drop In Day Centre BNSSG IC8 45,925 2,455 L254 17,1ts1 7,282 83,246 32,717 IlJ%917 1107.556 125.1721 IIL5661 135,4571 113.fA131 43,286 2,717 20,469 10,157 16,334 4,812 1,5C8 {83,2461 15,7421 6A17 47,472 33.392 37.822 19,6501 8.7C 18,7081 16.127 I9￿10} 10,201 16,470 187,680 4,815 116,4701 20.078 1127.6661 80,092 Dernentia AwaTeness Women's R￿¢￿r(e Centre 14,8151 Il2151 13416951 5,785 237,C69 416.540 277.979 1114,7551 Women's ResW[￿centre 165.622 483.222 12223051 iio,0001 416,540 1121 Re¢onclllatlon of net Incofflel lexpEndlture] to net La5hllDwsfrorn op2rati￿a￿iVrt1Ès 2024 2023 Net Irtcomellempendl￿re forthe yew [as perSoFAJ. AdAustmentftr. lInc￿aSe]/ decrease in debtOf5 Increa5el Idecreasel in creditors Interest Nel (ash prvvlded by Iu5ed knl operath¥ actlvltles 88,325 170,4081 114,3151 1121,1851 15.8911 153.0661 124,6441 129,2S8 IL0751 33.131