Lambeth Chinese Community Association
(A Charitable Incorporated Organisation)
Annual Report and Financial Statements
For the year ended 31 March 2022
A Charitable Incorporated Organisation Number: 1188688
Lambeth Chinese Community Association Trustees’ Annual Report and Financial Statements for the year ended 31 March 2022
Contents
| Page | |
|---|---|
| Trustees’ Annual Report | 1 - 6 |
| Independent Examiner’s Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 - 15 |
Lambeth Chinese Community Association Trustees’ Annual Report for the year ended 31 March 2022
The Trustees of the charity present their Annual Report and Accounts for the year ended 31 March 2022.
1. Reference and Administrative Details
Name of Charity: Lambeth Chinese Community Association Charitable Incorporated Organisation Number: 1188688 Registered & Operational Office: 69 Stockwell Road London SW9 9PY Bankers: HSBC Bank Plc 28 Borough High Street London SE1 1YB Accountants: Samuel & Associates 36 Charcroft Gardens Enfield Middlesex EN3 7HA
Reporting Accountants
Ellisons Chartered Certified Accountants 92 Avon Road Upminster Essex RM14 1RF
The trustees who served during the period to the date of this report are:
Chair elected 10.11.2009 Vice-Chair elected 10.11.2009 Secretary elected 10.11.2009 Member elected 16.11.2010
Ms Teresa Ng Chair elected 10.11.2009 Ms Magdeleine Chia Vice-Chair elected 10.11.2009 Ms Sin Ying Hau Secretary elected 10.11.2009 Ms Stella Lee Member elected 16.11.2010 Ms Julia SY Chen Member elected 08.01.2019 Ms Christine Tan Member elected 21.01.2014
Page 1
Lambeth Chinese Community Association Trustees’ Annual Report for the year ended 31 March 2022
2. Structure, Governance and Management
Governing Document
Lambeth Chinese Community Association was first registered as a charity and incorporated as a company limited by guarantee on 14 July 1989. Lambeth Chinese Community Association is also known and referred to as LCCA. On 20 March 2020, LCCA was converted from Company Limited by Guarantee into a Charitable Incorporated Organization (CIO), with the same name and also registered with the Charity Commission for England and Wales number 1188688, with no member liability.
Appointment and induction of Trustees
LCCA has adopted the Charitable Incorporated Organization (CIO) constitution and is governed by its Executive Committee (Trustees) whose members are elected annually at the Annual General Meeting or co-opted by the Trustees.
Organisational Structure
LCCA is governed by its Executive Committee which is responsible for setting the strategic direction and policies of the charity. The Executive Committee carry the ultimate responsibility for the conduct of LCCA and for ensuring that the charity satisfies its legal and contractual obligations. Trustees meet every three months and delegate the day-to-day operations of the organisation to senior management.
Related Parties
LCCA Domiciliary Care Service is a registered charity with the Care Quality Commission (CQC). It has a contract with Lambeth Social Services and spot contracts with Wandsworth and Southwark Social Services. LCCA also co-operates with the UK Association of Chinese Schools in the running of its Saturday Chinese School.
LCCA premises was purchased from Lambeth Council in October 2005.
Major risks
Trustees recognise that any major risks to which the charity is exposed need to be reviewed and systems put in place to mitigate those risks. To that end LCCA is continually monitoring and managing its risk, reviewing the corporate risk register and ensuring action plans are in place to mitigate its key risks.
Included in external risks is that of the loss of funding. The effects of this have been minimised by the procedures in place, which have resulted in funding being secured from a variety of sources including contracts with local authorities. The charity continues to seek to diversify its funding sources. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
Page 2
Lambeth Chinese Community Association Trustees’ Annual Report for the year ended 31 March 2022
3. Objectives and Activities
Objects
The objects of the charity are:
-
(1) To advance the education among the inhabitants of the London Borough of Lambeth, in particular among members of the Chinese community, and to advance the education of the public in Chinese history, art, culture and traditions.
-
(2) To provide or assist in the provision of facilities for the recreation and other leisure time occupation for the inhabitants of the London Borough of Lambeth and in particular in the interests of social welfare and with the objects of improving their conditions of life.
-
(3) To relieve poverty, sickness, and distress among members of the Chinese community in the London Borough of Lambeth.
-
(4) To work towards the elimination of racial discrimination and the promotion of good relations between persons of different ethnic origins residing or working in the London Borough of Lambeth.
The Charity aims to be the first point of contact in Lambeth and the surrounding boroughs for those Chinese who need assistance, advice and support in their daily lives in a foreign land. We aim to help the elderly Chinese in particular to fight isolation and ill-health and provide a welcoming presence in our areas of operation for that purpose.
We have adopted the strategies of direct provision of services and support by ourselves and in collaboration with statutory authorities in the boroughs we operate in.
Since 23 March 2020 due to pandemic lockdown restrictions, our centre has suspended all centre-based services and activities including:
Information & Signpost Services
We assist member users to access the areas of service including hospital and medical appointments, housing repairs, over-the-phone interpretation, referrals, housing & council tax benefit enquiries and general information and signpost.
Older People and Health Project
We aim to provide social and recreational activities to alleviate the members from poverty, ill health and loneliness in the community. Activities include luncheon club, exercise, Tai Chi, day outings, residential trips, health seminars, etc.
Learning Programmes
Classes include Mandarin language, English language, and cooking workshops.
Festival Celebrations:
Dragon Boats, Mooncake, Birthday parties, welcoming Chinese New Year.
Fundraising events
Dumplings making and foods selling.
Training
Training sessions for carers and volunteers to update their knowledge and skills.
Page 3
Lambeth Chinese Community Association Trustees’ Annual Report for the year ended 31 March 2022
On the other hand, the following two projects were carried out well without disruptions.
Domiciliary Care Services
The main purpose for the service is to facilitate and improve the health and well-being for those elderly Chinese and Vietnamese residents of south London who are often isolated and lead socially excluded lives.
During the Covid-19 crisis, the project was facing an extremely challenging time. We appreciated all of our extraordinary carers who continued to play such a vital role and to provide hours to the housebound users without service disruptions. During the pandemic, we were able to provide sufficient PPE for our care workers as health and safety were the priority concerns to our workers. In order to sustain continuity of care for the vulnerability in the community an Infection Control Fund from the Lambeth Adult Social Care was available for those care workers if they were unable to carry out their duties due to Coronavirus isolations.
In the year, we delivered a total of 8,086 (2020/21: 9,062) for 15 clients (2020/21: 20). The project’s turnover amounted to £146,647 (2020/21: £156,205), which had a drop of 6.2% compared with the previous year. Our future objectives and targets are to recruit more carers and provide them with more training to strengthen our work force.
Saturday Weekend Chinese School
Lambeth Chinese School is an award-winning non-profit Chinese school in Lambeth, London and takes place at St Martin in-the-Field High School in Tulse Hill, with pupils aged 5-16 years old. The classes are taught in simplified Chinese. During the pandemic period, the weekend school was replaced by online learning. After all lockdown was lifted, we returned to St Martin School for classroom teaching since September 2021. The Management would like to thank the Headteacher, teachers and students for their hard work during the turbulent year.
4. Financial Review
Financial Position
Incoming Resources in the year amounted to £189,217 (2020/21 - £195,750).
A deficit of £51,298 was made in the year (2020/21- £11,272). At 31 March 2022 total funds amounted to £248,041 (2020/21 - £299,339)
Reserves Policy
The trustees are required to ensure that free monies are available in each financial year to meet any reasonably foreseeable contingency. The charity will maintain a projection of income for at least one year ahead and will ensure that this continues to be derived from as wide a variety of sources as possible. They will take all necessary steps to ensure that at no time within this period would it be possible for the cessation of one or more funding streams to present so serious a challenge to the future of the organisation that it could not be managed so as to continue to provide a best value service.
In reviewing the potential costs that could arise should a significant reduction in income be suffered, the trustees have determined that ‘free’ reserves should be maintained equal to 12 months of unrestricted total operating expenditure. Free reserves are defined as total free reserves less net fixed assets. This is equivalent to £143,104 in the year.
Page 4
Lambeth Chinese Community Association Trustees’ Annual Report for the year ended 31 March 2022
The amount of the current expenditure of £240,515 is above the required level of reserves and the trustees will continue to make the effort to achieve surpluses in future years to contribute towards achieving this aim.
Principal Funding Sources
The Trustees extend their gratitude to the following partners and sponsors and donors who continue to support the charity.
Partnerships & Networking
Project
Lambeth Adult & Social Care Services Wandsworth Adult & Social Care Services Southwark Adult & Social Care Services UK Association of Chinese Schools
Domiciliary Care Domiciliary Care Domiciliary Care Chinese Language School
Appeal Funds
Marlene & Claude Ah Yow Mr & Mrs George Eury Mr & Mrs Margaret Lue Gerrard & Monique SY-Yan Mrs Kwai Ying Lee-Law Simon Ng Yan Kwong Marlene & Jimmy Li Diane & Henry How Lena & Francis Wong Fee Fong & Stenio Eastor Mr & Mrs A Haw
Mr & Mrs M Fok Eddie & Ann Wong Chui Mui Cheung Chuen Ho Tang Mui Ha Man Shirla Chan Han Mui Wong Yin Man Tang Shui Lin Poon Ann Callaway
Tin Wo Ho Mr & Mrs Tong Kok Wai Ho Kar & Sien Cheng Lily Chan Mary Sangodipe Lisa Liu Shiu Yu Kwok Cecile Lau Pansy Thomas A.C. Lau Enid Brewster Joe Lee Yim Fong Leung Wendy Yang George Chan Wai Fong Lo Teresa Kwong Hei Tai Lau Julia Chen
Page 5
Lambeth Chinese Community Association Trustees’ Annual Report for the year ended 31 March 2022
5. Future Plans
After the 2021 post-COVID period, the UK has experienced more uncertain times of post-Brexit and the Ukraine war. The global economy has met with multiple problems in 2022. Inflation goes up, cost of living increases, interest rate goes up, economy is plummeting, and the country seems heading to a summer of discontent and even worst, possibly a recession. Being a charity organization LCCA is facing a real economic problem. In addition, after the shutdown of the centre, the management and most older members seemed to be distancing themselves from the Association and all its activities. To keep the LCCA afloat it is essential to recruit new and younger members. To restart all centre activities has become the priority and is a real challenge.
The immediate strategic plans for the Association will be:
-
Explore areas of financing and sharing of resources to reduce costs.
-
Resume all the regular services and activities to the member users as early as we can.
-
Recruit more staff members to help meet the younger and new members’ needs.
-
Continue to fund and expand the Older People Project with our reserves.
-
Seek every effort to secure more income resources.
-
Work closely with local communities to develop new and/or extend existing projects.
-
Expand further training provisions for care workers and volunteers to update their caring skills to meet the CQC requirements.
-
Recruit more experienced teachers and maintain good national standards for the Saturday Chinese School.
On behalf of the Board
28 July 2022
Page 6
Independent Examiner’s Report to the Trustees of Lambeth Chinese Community Association
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2022 which are set out on pages 8 to 16.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable 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:
-
accounting records were not kept as required by section 130 of the Act; or
-
the accounts do not accord with those records.
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.
28 July 2022
Page 7
Lambeth Chinese Community Association
Statement of Financial Activities (Incorporating an Income and Expenditure Account) For the year ended 31 March 2022
| Notes Income Donations and legacies 2 Other 2 Investment income 3 Income from charitable activities Education and awareness 4 Health and poverty reduction 5 Total income and endowments Expenditure Expenditure on charitable activities Education and awareness 6 Health and poverty reduction 7 Total Charitable Expenditure 8,9 Total expenditure Net income/(expenditure) for the year before transfers 10 Reconciliation of funds Total funds brought forward Total funds carried forward 14 |
Unrestricted £ 548 22,370 13 18,375 147,911 189,217 21,214 219,301 240,515 240,515 (51,298) 299,339 248,041 |
2022 £ 548 22,370 13 18,375 147,911 189,217 21,214 219,301 240,515 240,515 (51,298) 299,339 248,041 |
2021 £ - 14,000 548 16,905 164,297 |
|---|---|---|---|
| 195,750 | |||
| 15,263 191,759 |
|||
| 207,022 207,022 |
|||
| (11,272) 310,611 |
|||
| 299,339 |
Page 8
Lambeth Chinese Community Association
Balance Sheet
As at 31 March 2022
| Notes Fixed Assets Tangible assets 11 Current Assets Debtors 12 Cash at bank and in hand Creditors: Amounts due within one year 13 Net current assets Net assets Funds of the Charity 14 Unrestricted |
Unrestricted £ 104,937 11,069 147,337 158,406 15,302 143,104 248,041 |
2022 £ 104,937 11,069 147,337 158,406 15,302 143,104 248,041 248,041 248,041 |
2021 £ 111,085 26,477 179,101 |
|---|---|---|---|
| 205,578 17,324 |
|||
| 188,254 | |||
| 299,339 | |||
| 299,339 | |||
| 299,339 |
The financial statements were approved by the Trustees on 28 July 2022 and signed on their behalf by:
Page 9
Lambeth Chinese Community Association Notes to the accounts
1. Accounting Policies
The principal accounting policies are summarised below. The accounting policies have been
applied consistently throughout the year and the preceding year.
a) Basis of Preparation
The financial statements have been prepared under the historical cost convention in accordance the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities, issued in March 2005.
b) Company Status
The Charity is a Charitable Incorporated Organisation (CIO). The trustees of the charity are named on page 1. In the event of the Charity being wound up, members have no liability.
c) Fund Accounting
Unrestricted Funds comprise accumulated surpluses and deficits on general funds that
are available for use at the discretion of the Trustees in furtherance of the Charity’s objects and that have not been designated for other purposes.
Restricted Funds are funds subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
d) Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when
-
the charity becomes entitled to the resources
-
the trustees are virtually certain they will receive the resources; and
-
• the monetary value can be measured with sufficient reliability.
e) Resources Expended
Recognition of Expenditure and Liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Expenditure is recognised on an accruals basis as a liability is incurred.
Costs of Charitable Activities
These comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. They include both costs that can be directly allocated to the charity’s activities and costs of an indirect nature necessary to support these activities .
Page 10
Lambeth Chinese Community Association Notes to the accounts
Governance Costs
These are the costs associated with the governance arrangements of the charity. They include the costs of the preparation and examination of statutory accounts, trustees’ meetings and the costs of any legal advice given to trustees on governance or constitutional matters.
All costs are charged between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity (or project) are allocated directly; others are apportioned on an appropriate basis .
f) Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report, where material.
g) Fixed Assets
Tangible Fixed Assets for charity’s own use
These are capitalised if they can be used for more than one year and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
A fixed asset acquired fully or partly from a restricted grant is included at its full cost of acquisition without netting off the grant proceeds and the grant reported as an incoming resource. Where the use of the asset such acquired is not restricted by the grantor, an amount equal to the grant is transferred into a designated fund to be written off over the useful life of the asset in accordance with the recommendations of SORP 2005, paragraph 111.
h) Depreciation
Freehold Land & Buildings are not depreciated in view of their high level of maintenance. Other Tangible Fixed Assets are depreciated so as to write off their cost less any estimated residual value over their useful lives at the following rates:
Freehold property Improvement to building Other fixed assets
50 years 15% reducing balance. 15% reducing balance.
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Lambeth Chinese Community Association Notes to the accounts
| 2. Donations and legacies Gifts and donations Membership dues Employment allowance Covid grants Work Retirement Retention (WRR) grants 3. Investment income Bank interest received 4. Education and Awareness Chinese School Project Total 5. Health and poverty Domiciliary Care Total |
Unrestricted £ 397 151 548 4,000 6,470 11,900 22,370 Unrestricted £ 13 Unrestricted £ 18,375 18,375 Unrestricted £ 147,911 147,911 |
2022 £ 397 151 548 4,000 6,470 11,900 22,370 2022 £ 13 2022 £ 18,375 18,375 2022 £ 147,911 147,911 |
2021 £ - - |
|---|---|---|---|
| - | |||
| 4,000 10,000 - |
|||
| 14,000 | |||
| 2021 £ 548 |
|||
| 2021 £ 16,905 |
|||
| 16,905 | |||
| 2021 £ 164,297 164,297 |
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Lambeth Chinese Community Association Notes to the accounts
6. Education and Awareness
| Chinese School Project 7. Health and Poverty Reduction Domiciliary Care Day Care Services-Old People's Project 8. Total Charitable Expenditure Direct expenditure Direct programme costs Direct Staff costs Total direct costs Support costs (based on staff time) Support Staff costs Premises costs Office costs Governance costs Total support costs Total Charitable Expenditure |
Unrestricted £ 21,214 21,214 Unrestricted £ 213,942 5,359 219,301 Unrestricted £ 14,565 176,960 191,525 10,051 26,569 7,948 4,421 48,990 240,515 |
2022 £ 21,214 21,214 2022 £ 213,942 5,359 219,301 2022 £ 14,565 176,960 191,525 10,051 26,569 7,948 4,421 48,990 240,515 |
2021 £ 15,263 15,263 2021 £ 190,304 1,455 191,759 2021 £ 14,114 168,277 |
|
|---|---|---|---|---|
| 182,391 | ||||
| 6,665 3,985 9,568 4,413 |
||||
| 24,631 | ||||
| 207,022 |
Page 13
Lambeth Chinese Community Association Notes to the accounts
9. Governance costs
| 9. Governance costs | |||
|---|---|---|---|
| Professional fees External scrutiny fees AGM and sundry expenses |
Unrestricted £ 2,000 2,400 21 4,421 |
2022 £ 2,000 2,400 21 4,421 |
2021 £ 2,000 2,400 13 |
| 4,413 |
10. Net movement in funds for the year
| The surplus/(deficit) for the year is after charging: Depreciation External scrutiny fees Staff costs-gross salaries and wages Social security and pension costs |
Unrestricted £ 6,148 2,400 165,444 12,743 |
2022 £ 6,148 2,400 165,444 12,743 |
2021 £ 2,402 2,400 165,444 12,743 |
|---|---|---|---|
| 11. Tangible fixed assets Cost At 1 April 2021 At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 |
Freehold property £ 159,711 159,711 49,494 6,018 55,512 104,199 110,217 |
Plant and machinery £ 13,019 13,019 12,645 56 12,701 318 374 |
Furniture & fittings £ 10,297 10,297 9,803 74 9,877 420 494 |
Total £ 183,027 |
|---|---|---|---|---|
| 183,027 | ||||
| 71,942 6,148 |
||||
| 78,090 | ||||
| 104,937 | ||||
| 111,085 |
Page 14
Lambeth Chinese Community Association Notes to the accounts
12. Debtors
| 12. Debtors | |||
|---|---|---|---|
| Trade debtors Prepayments |
Unrestricted £ 9,540 1,529 11,069 |
2022 £ 9,540 1,529 11,069 |
2021 £ 21,944 4,533 |
| 26,477 |
13. Creditors: amounts due within one year
| 13. Creditors: amounts due within one year | |||
|---|---|---|---|
| Trade creditors Accruals PAYE and pension Sundry creditors - Covid refund due Deferred income - School fees |
Unrestricted £ 913 5,326 2,663 6,400 - 15,302 |
2022 £ 913 5,326 2,663 6,400 - 15,302 |
2021 £ 10 4,826 3,374 6,400 2,714 |
| 17,324 |
14. Movements in reserves
| 14. Movements in reserves | ||||
|---|---|---|---|---|
| Unrestricted funds Total funds movements |
Balance at 1 April 2021 £ 299,339 299,339 |
Incoming resources £ 189,217 189,217 |
Outgoing resources £ (240,515) (240,515) |
Balance at 31 March 2022 £ 248,041 |
| 248,041 |
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