2023-07-31-accounts

PRINCIPAL	OFFICE	375 Nechells	Park Road
		Nechells
		Birmingham
		87 5NT
Independent	Examiner	Peter Smith	FCCA, ACA.
		3W Hinks LLP
		Chartered Accountants
		19Highfield	Road
		Edgbaston
		Birmingham
		B153BH

FOR THE YEAR ENDED	3IST3ULY2023
			Unrestricted		funds
		Notes	2023		2022
INCOME AND EXPENDITURE
INCOME
Investment income:
Rents receivable			118,875		118(000
Bank interest receivable			1,271		24
Dividends received			3,375		3,063
TOTAL INCOME			123,521		121,087
EXPENDITURE
Expenditure on charitable	activities:
Education			66,000		42,000
Community welfare			14,500		3,000
Medical research and relief of suffering			17,000		45,000
			97,500		90,000
Cost of raising funds
Investment management	costs		8,595		8,534
Other costs			6,661		6,284
			15,256		14,818
TOTAL EXPENDITURE			112,756		104,818
Unrealised (deficit) / gain	on investments		(4,400)		424,172
NET INCOME			6,365		440,441
Balance brought forward			1,884,166	1,443,725
BALANCE CARRIED FORWARD			1,890,531	1,884,166

GRANTS				2023	2022I
Educational
Overseas Chinese Association		School		6,000
Birmingham Chinese School				3,000	3,000
Brent Chinese Association	School			3,000
Loughborough University				54,000	39,000
				66I000	42,000
Wolverhampton Youth Zone				4,000
Youth on the Move				1,000
The Respite Association				1,000
Childrens Liver Disease				1,000
Citywide Mentoring				1,000
The Honeypot Childrens'	Charity				1,000
Sundry Donations to Community			Events	6,500	2,000
				14,500	3,000

3.	GRANTS PAID (continued)	GRANTS PAID (continued)			2023	2022I
	edical Research and Relief of		Sufferin
	Home from Hospital				5,000	3,000
	Chinese Community	Health and	Wellbeing	Service	12,000	42,000
					17,000	45,000
	Total grants paid				97,500	90,000
4.	INVESTMENT MANAGEMENT		COSTS
					2023	2022
						E
	Legal and professional	charges			3,800
	Agents' management	fees and other charges			4,795	8,534
					8,595	8,534

NOTES	TO THE FINANCIAL STATEMENTS	TO THE FINANCIAL STATEMENTS	TO THE FINANCIAL STATEMENTS	TO THE FINANCIAL STATEMENTS
FORTHE YEAR ENDED 31ST3ULY			2023
5.	OTHER COSTS
						2023	2022
						E	E
	Independent Examination	fee (governance)				2,400	3,182
	Bank charges					96	110
	Insurance					3,459	1,696
	Legal and professional fees					706	1,296
						6,661	6,284
6.	UNREALISED GAINS/(LOSSES)			ON	INVESTMENTS
						2023	2022
						E	f
	Gain / (Loss) on revaluation	of	quoted		investments	(4,400)	(15,828)
	Gain on revaluation of Freehold		Property				440,000
	Unrealised gain on investments					(4,400)	424,172
7.	INVESTMENTS
	FREEHOLD PROPERTY
						2023f	2022 E
	Fair value at beginning ofyear					1,400,000	960,000
	Gain on revaluation						440,000
	Fair value at end of year					1,400,000	1,400,000
	QUOTEDINVESTMENTS
	Fair value at beginning of year					46,234	61,163
	Addition					58	899
	Gain / (Loss) on revaluation					(4,400)	(15,828)
	Fair value at end of year					41,892	461234
	TOTAL FIXEDASSETS					1,441,892	1,446,234
	The above assets are all in	the	UK.

DEBTORS			2023 E	2022f
Rents receivable			10,303	19,434
Prepayments			4,593	11,902
Other debtors			3,065	4,524
			17,961	35,860
CREDITORS
			2023	2022
			E	E
Amounts falling	due within	one year:
Grants payable			111,000	93,000
Income received	in advance		19,917	19,667
Accruals			3,502	3,501
Other creditors			5,223	6,450
			139,642	122,618