Lambeth Chinese Community Association (A Charitable Incorporated Oryanisation) Annual Report and Financial Statements For the year ended 31 March 2024 Charitsble Incorporated Organisation (CIO) Number: 1188688
Lambeth Chinese Community Association Trustees, Annual Report and Financial Statements for the year ended 31 March 2024 Contents Page Trustees. Annual Report Independent Exarninef s Report StatenEnt of Financial Activiti"es Balance Sheet 9-10 Notes to the Financial Statements
Lambeth Chinese Communty Association Trustees, Annual Report for the year ended 31 March 2024 The Trustees of the Chartty present their Annual Report and Accounts for the year ended 31 March 2024. 1. Referenco and Administratlvè Detalls Name of Charity.. 12mbeth Chinese Community Associ"on Charitable IncoTpored Organisaticfi Number. 1188688 69 Stctkwell Road London SW3 9PY Registered & Operational Office: Bankets". HSBC Bank PIC 28 Borough Huh Street London SE1 1YB Accountants: Samuel & Asswates 36 Charcroft Gardens Enfield Middlesex EN3 7HA Reporting Accounlants Ellisons Chartered Certified Accountants 92 Avon Road Upminster RM14 1RF The trustees who served during the penod to the dak of this feFX)rt are: Ms Teresa Ng Ms Magdeleine Chia Ms Julia SY Chen Ms Christine Tan Dr Guowei Gu Ms Bernadette Hau MsAmy Ng Ms Jennie Teoh Chair Wice-chair Vice£hair Member Member Member Member Membei Elected 10.11.2009 Elected 10.11.2009 Elected 08.01.2019 Elected 21_01.2014 Elected 06.03 2023 Elecled 28 03 2024 Elected 28.03 2024 Elected 28.03 2024 Page 1
Lambeth Chinese Communty Association Trustees, Annual Report for the year ended 31 March 2024 2. Structure. Governance and Management Governing Document Lambeth Chinese Communty AsswIatn was fitst registered charity and a Company Limit&J by guarantee and incotporated on 14 Juty 1989. Lambeth Chinese Communty 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 organvzab.on (CIO), wtth the same name, and also registered with the Charity Commissi017 for En9land and Wales nltmber 1188688, with no member liabilty. Appointm8nt and inductlon of Trustees LCCA has adopted the Charitable Incorporated organizan (CIO} constitution and ts govemed by its Executive Committee ITrustees} whose rnbets are elected annualty at the Annual General Meeting or wpted by the Trustees. Organlsatlonal Stru¢tuv¢ LCCA is govemed by its ExecLrtive Commrttee which is responsible for setting the strategic direction and policies of the charrty. The Executive Committee carry the ultimate responsibility for the conduct of LCCA and for ensuring that the charity satisfies its *al and contractual obligats.ons Trustees meet every three months and delegate the day-to-day operations of the organisation lo senior management Related Parties LCCA Domiciliary Care ServKe is a registered charity with Care Qualrty Commission ICQC). It has contractwith Lambeth Social se$ and spot contr&ts wrth Wandsworth and Southwark Social serViS. LCCA also cOperateS wth the UK Associaln of Chinese Schools in the njnning of its Saturday Chinese School. LCCA premises was purchased from Lambeth Council in Cctobef 2005. Malor risks Twstees recc¥3nise thal any major risks to which the charity is exposed need to be reviewed and systems put in place to mib.gate those risks. To that end LCCA is o)ntinually rMinrtoring and managing its risk, reviewing the corpoFate risk register and ensuring action plans are in place to mitigate its key risks. Included in extemal Tisks is that of the loss of funding. The effects of this have been minimised by the procedures in place. which have resulted in fvnding being secured from a variety of sourles includiTrg contracts with local authoribes. The charity continues to seek to diversify its fijnding sources. Internal risks are minimised by the implementation of prOCre$ for authotisation of all transactions and'proiects and to ensure consistent quality ol delivery for all operational aspects of the charitable company. These proUle5 are periodically reviewed to ensure that they still meet the needs ofthe charty. Page 2
Lambeth Chinese Community Association Trustees. Annual Report for the year ended 31 March 2024 3. Objectives and Actlvltles Objects The objecis of the Charity are: (11 To advan the educatton anwjng the inhabitants of the London Borough of Lambeth. in particular arrK)ng members ofthe Chinese community, and to advarÈce the education of the public in Chinese history. ar[ cuibjre and tradittons. 121 To provide or assist in the provision of facilTtie5 for the recreation and other leisure time occupab'on for the inhabitants of the London BortyJgh of Lambeth and in particular in the interests of scKial weare and with the objects of improvillg their conditions of life. (31 To relieve poverty. sickness. and distress affKJng members ofthe Chinese community in the London Borough of Larnth. {41 To work towards the elimination of racial discriminalion and the promotion ot good relations between persons of different ethnic origins residing or working in the London Borough of Lambeth. The Chanty aims to be the first point of contact in Lambeth and the surrounding boroughs for those Chinese who need assistan. advi(E and support in their daily Itves in a foreign land. We aim to help the elderly Chinese in parb"cular to fight isolation and ill-heallh and provide a welcoming presence in our areas of operation for that PUFPOSe. We have adopted the strategies of direct prov¥sion of services and SUPF)Ort by ourselves and in Collaboration with statutory authoribes in the boroughs we operate In. Since February 2022. following the UK Govetnment published guidance 'Living Wlth COVID,, our centre has gradually restsrted all LEntr&based servi$ and activities including '. Infonnation & Signpost SeNlces We assist member users to acce5S the areas of service including hospital and medical apFx)inlments, housing repwrs. over-the-phone interpretation. refefrals, housing & council tax benefit enquiries and general inf0mtion and signpost Older People and Health Project We airn to provide social and recreatK>nal aclNities to alleviate the rrErnbers from poverty, ill health and loneliness in the tmMun. ACtivitS include luncheon dub, exercise, Tai Chi. day outings. residenb'al trips. health seminars. etc. Learning Programmes Classes include Mandarin language. Engltsh language FVal Celebratlon$: DJOn Boats, Mooncake. Birthday parties, wdcoming Chinese New Year. Fundraising events Dumplings making and fc#)ds selling. Training Training sessions for (8rers and Voluntee to update their knovledge and sknlls. Pa9e 3
Lambeth Chinese Community Association Trustees. Annual Report for the year ended 31 March 2024 Domiclllary Care SeThices 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 exduded lives. During the Covid-19 crisis, the project was facing an exiremely challenging time. We appreciated all of our extraordinary carefs who conkn.nued to play such a vrtal role and to provide hours to the housebound users wilhout Se disruptions. During the pandemic, we We able to provide suffiryent PPE for our care workers as heath and safety were the priority concerns to our workers. In order to sustain conb.nuty of care for the vulnerability in the community an Infection Control Fund from the Lambeth Adull &£ial caWaS availab forthose careworkers if Ihey were unable to carry out their duties due to Coronavirus isolations. In the year, we delNered a totsl of 7497.75 hours12022123.' 8471 5} for 15 clients 12022123: 18}. The project's tumover an)Unted to £148,762 (2022123.. £152.914}, which had a fall of 3Yo compared with the previous year. Our future objectives and tar9ets are to recruit more carers and provide Ihem with more traillings to strengthen further our Work force. Saturday Weekgnd Chlnese S¢lH>ol Lambeth Chinese School is an award-wnning non-profft Chinese school in Lambeth London and takes pla at St Martin in-the-Field High School in Tulse Hill. wilh pupils aged 5-16 years old. After all lockdown has been Itfted, we retumed to St matin School for classrix)m teaching since September 2021. The Management WOLsld like to thank the Head Teachers, teathers and students for their hard work during the bjrbulent year. 4. Flnanclal Revigw Financlal Posltlon Incorning Resources in the year anN)unted to £197.93212022r23- £202,029). A deficit of £13,198 was made in the year {2022r23 - £19,821 defjotl. On 31 March 2023 total funds amounted to £215,022 (2021r22 - £228.2201. R8s•fves Policy The trustees are required to ensure thatfree monies are available in each financial year to rneet any reasonabty foreseeable contingency. The charity will maintain a projection of incofne for at least one year ahead and will ensure that this ¢x>ntinues to be derived from as wide a variety of Soufces as possible. They will take all necessary steps lo ensure that at no time within this period would it be possible for the cessation of one or rnre fvnding streams to present so serioLJS a challenge to the future of the organisation that it could not be managed so as to continue to provide a best value seNice. In reviewing the potential costs Ihat could arise should a significant reduction in income be suffered, the Injstees have detem)ined that 'free' reserves should be maintsined equal to 12 r)nthS of unrestricted total operating expendiknre. Ffee reserves are defined as totsl free reserves less net fixed a*ts. ThÉs is equivalent to £117.352 in the year. The amount of the current expenditure of £211.130 is above the required level of reserves and the trustees will continue to make the efft)rt to aChve surpluses in fyre yeats to contribute towards achieving this aim. Page 4
Lambeth Chinese Community Association Trusteos. Annual Report for the year ended 31 March 2024 Prin¢ipal Fundlng Sources The Tfustees extend their gratstude to the foltowing partnets and Sponso and donors who continue to support the charity. Partnerships & Networklng Proie¢t Lambeth Adult & sla1 Care Servus Vwdndsworth Adu & sw.al Care SeNices Southwark Adult & Soryal Cate SerVes UK Association of Chinese SchcKtrls St Martin-in-the-Field Girls, School Modey College and StoCkwl Centre Domiciliary Care Domiciliary Care Domiciliary Care Chinese Language Schwl Chinese Language Schwl Tai Chi Classes and AGM Appeal Funds Marfene & Cl8ude Ah Yow Mr & Mrs George Eury Mr & Mrs Margaret Lue Gefrard & Monique Sy-yan Mrs Kwai Ying Lee-Law Simon Ng Yan Kwong Madene & Jimmy Li Diane & Henry How Lena & Francis Wong Fee Fong & Stenio Eastor Mr&MrsMFok Eddie & Ann Wong Chui Mui Cheung Chuen Ho Tang Mui Ha Man Shirla Chan Han Mui k)ng Yin Man Tang Shui Poon Tin Wo Ho Julh3 Chen Lity Chan Lisa Liu Mr & Mrs Tong Kar & Sien Cheng Mary Sangodipe Shiu Yu Kwok Pansy Thomas Enid Brewster Yim Fong Leung George Chan Mr&MrsAHaw C&ile Lau A.C. Lau Joe Lee Wendy Yang Wai Fong Lo rEI Ann Cgllaway Hei Tai Lau Patnck Ng Page 5
Lambeth Chinese Community Association Trustees, Annual Report for the year ended 31 March 2024 5. Future Plans Since last financial year. LCCA has gradualty recovered from the "doTmanf statug after the pandemic. Old members retvmed and new EMIrS joined. Management expanded to have some new enthusiastic. dedicated and younger members. New staff joined and proved to be very successful. Old activities relumed combined wth sorre new program5. Members are all enjoying the new booming activits"es. Weekend school has retrjmed to dassroom teaching. New Head teacher leading a few gcKMJ teachers work brillianty. The school has grown in numbers again. tlomialiary Care Servi still provides eInt serv. However. a few clients passed on and left the service in this finanaal year. Hence the service seems shiinking slowty. As LCCA depends solely on the income generated from DomKiligry Care service, immediate action is lo expand the servw and seek more clients. The immediate strategic plans for the AsscKiation will be: Expand t)omrilÈary Care service and seek more clients. Explore areas of financing and sharing of Tesources to redu $ts. Recru¢1 more staff members to help meet the younger and new members, needs. Continue to fund and expand the Older Pwle project with our reserves. Seek every effort to secure more income resource such as grant applications. Work closely with local ¢ommunibes to develop new andlor extend existing projects. Explore areas of financing and sharing of resources to redu costs. Expand ftjrther training provisions for rare workers and volunteers to update their caring skills to meet the CQC requirements. Recruit more experienced teachers and rrraintain gocal nth.onal standard for the Saturday Chinese School By order of the Board Ms Teresa Ng Chair 5 November 2024 Page 6
Independent Examinefs Report to the Trustees of Lambeth Chinese Community Association I report to Ihe charity trustees on my examination of the accounts oflhe CIO fcr the year ended 31 MarGh 2024 whth are set out on pages 8 to 16. Responsibllltles and basis of report As the charity trustees of the CIO you are resrAJnsible for the preparation of the accounts in accordance with the requirements of the Chafities Act 2011 llhe ACVI. I report in respect of my examination of the CIO'S accounts carried out under section 145 of the Act. In carrying out my examinab.on I have followed all applicable Directions grven by the Charity Commission under section 145(5llb) of the 2011 Act. Independent Examlnerfs Statement I have completed my examination. I confirm that no matter5 have corre to my attentN)n in connection with the examinatson giving me cause to believe" accounting records were not kept as required by seetion 130 of the Act or 2. the accounts do not accord with those records. I have no concerns and have coffe rosS no other matters in connection with the examination to which attention should be drawn in this wrt in order to enable a proper understanding of the accounts to be reached. Henry M Aiijetey FCCA ELLISONS 92 Avon Roa Upminsler Essex RM14 1RF S November 2024 Page 7
Lambeth Chinese Community Association Statement of Financlal Activities (Incorporatlng an Incorne and Expenditure Accountl For the year ended 31 March 2024 Notes Unrestricttd 2024 2023 Incorne Donatiofts and legaues Other 1,388 894 11,400 Investment income 1,196 1,196 338 Income from tharÉtable artivities Education and awareness 29.930 29,93C¥ 23,762 Health and poverty reduttton Totsl bncome and ènd4)wments 160.418 160,418 165,635 197.932 197.932 202.029 Expenditure Expendlture on charttable acthyitiès Education and awareness 29,560 29.560 24,864 Health and poverty reduction Total Charitable Expenditure 181,570 181.570 196.986 211.130 211.130 221.850 Total expertditu Net inc¢mel{expenditurÉ) forthe year 211.130 211,130 221.850 io I.198) 113.1981 119.821) P.ecefiwj!t2t%on of fvnds Total funds brought forwafd Total funds carried fon¥ard 228.220 228.220 248,041 14 215,022 2151122 228.220 Page 8
Lambeth Chinese Community Association Balance She4t As at 31 Mah 2024 2024 2023 Fixed Assets Tangible assets li 97.670 97,670 101,491 Current Assets Debtors 12 16,205 16.205 9.838 Cash at bank and in hand 107.559 107.559 122.993 123.764 123,764 132,831 Creditor5-. Amounts due wtthin one year 6.412 6.412 6,102 Net current assets 117,352 117.352 126,729 Net assets 215.022 215N22 228.220 Funds of the Charlty 14 Unrestrltted 215,022 215,022 228,220 Total funds 215,022 215,022 228.220 Page 9
Lambeth Chinese Community Association Balance Sheet as at 31 March 2024 (eontlnued) The financial stalernents have been prepared in ac£ordance wlth the Statement of Recommended Practice.. Accounting and Reporknng by Charitres ISSU in March 2005. The Trustses acknowledge their responsibileS for. ensuring that the company keeps accounting records prepaiing accounts whh give a tNe and fair view of the state of affairs of the CIO as at 31 March 2024 and of its results for the year then ended The financial Statements were approved by ihe Trustees on 5 NovemL*r 2024 and svJned on their behalf by". Ms Julia SY Chen Trustee CIO number 1188688 Page 10
Lambeth Chinese Community Association Notss to the accounts 1. Accountlng Policies The principal accounb.ng policies are summarised bekm. The accounting poIleS have been applied consistently throughout the year and the prling year. Basis of Preparation The financial statements have been prepared under the histOTical cost convention ift accordance with applicable ac£ounting standards and the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities. issued in March 2005. b) Charity Status The charity is a Charitable InCLtrrFted Organisation ICIO). The members ofthe charity include the trLSStees who are also Ordinary members and named on page 1. In the event of the charity being wound up. the liabilty of members is nil. Fund Accounting Unrestricted Funds comprise accumulated surpluses and defrits on general fvnds that are available for use at the discretion of the Trustees in fvrtheran¢e of the Charity's objects and that have not been designated for other purposes. Restrlded Funds are funds subject to restricbons on their expenditure imposed by the donor or through the tsrms of an appeal. d) Incoming Resources Rocognition of Incomlng Resources These are included in the Slatement of Financial Activtlies (SOFA} when the charity becorrEs entit]ed to the resources the trustees are virbjalty rtain they will receNe the resources., and the monetary value can be measured wilh sufficient reliabiltty. Resources Expended Re¢ognilion of Expenditure and Liabilities Liabilities are recognised as soon as there is a legal or constructive obligation committing the charty to pay out resources. Expenditure is recognised on an accnjals basis as a liability is incurred. Costs of Charitable Activities These comprise those costs incurred by the charity in the delrvery of its activities and Servi for [15 benefiuaries. They indude b)th wsts that ran be direcdy allocated lo the Charity's activities and costs of an indirect nare necessary to support the activth. Page 11
Lambeth Chinese Community Association Notos to the accounts Governance Costs These are the costs asscciated wtth the governance arrangements ofthe charity. They include the costs of the preparan and examination of statutory accounts. trustees, meetings and the costs of any legal advi given to trustees on govemance 01 constitutional matters. All costs are charged betsvw the expendItU categories of the Statement of Financkal Activities on a basis designed to rellect the use of the resour. Costs relating lo a particular actNty lor project) are albcated direcUy'..others are apportioned on an appropriate basis. Volunteer Help The value ofany voluntary help fNed is not included in the accounts but is described in the trustees. annual report where material. gl Fixed Assets Tangible Fixgd Assets for charity's own usg These are capitalised rf 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 reipl. A fixed asset arquired fulty or paruy from a restricted grant is iluded at its fvll cost of acquisition without netting off the grant pr(eedS and the grant reported as an incoming resour. ere the use of the asset such acquired is not rpstricted by the grantor, an amount equal to the grant is transferred into a designated fund to be wrtten off over the usefvl life of the asset in accordance wtth the recommendations of SORP 2005. paragrdph 111. h) Depreciation Freehold Land & Buildings are not depreciated in view tif Iheir high level of maintenance. Other Tangib 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 propety Improvement to building Olher fixed assets 50 yeaTS 15% reducing balance. 15% reducing balance. Page 12
Lambeth Chinese Community Association Noles to the accounts 2. Oonatsons and legaaes Unrestrfrted 2024 2023 Glfts and donations Membership dues 8) 498 1.388 890 498 1,388 586 308 894 Other inctNne Employment allowance Covid grants Work Retirement Retention IWRRI grants 5,Th)0 5,000 11,400 3. Investmerrt income 2024 2023 Bank Interest le1ve(l 1,196 1.196 338 4. Eduatlon and Awareness 2024 2023 Chinese School Project Total 29,930 29,930 29.930 29.930 23.762 23.762 S. Health and poverty Unrestrlrted 2024 2023 Oomicsliary Care Old People's Projert & Luncheon aub Total 160,418 160,418 162,348 3,287 165,635 If4).418 160N18 6. Edycation and Awareness Unrestrkted 2024 2023 Chinese School Prolect-Direct Support costs 25,914 25,914 23,743 1,122 24,864 29,560 29.560 Page 13
Lambeth Chinese Communlty Association Notss to the accounts 7. Health and Poverty Redu¢titin 2024 2023 Domitillary Care- Direct Support C05ts- Dom care Old People's Project- Direct Support costs- Old People 148,762 32.808 148,762 32.808 167.384 20,194 8.286 1.122 196,986 181.570 181,570 8. Charttable Expendiiure Unrestrirted 2024 2023 Dlrect expendlture Direct programme costs Dirett staff costs Totsl Dlrert Expenditure 13.431 161,245 174.676 13,431 161,245 174.676 14.236 185,176 199,412 Support c4>sts (based on staff timel Support staff costs Premise5 Costs Office costs Governance costs Tot315UPPOrt costs 9,648 8,898 13,396 4,512 36.454 4.583 5,706 7,748 4,400 22,438 8.898 13,396 4.512 36.454 Total Charitable EMpendTture 211,130 211,130 221,850 Share of Support costs Support staff Project Pr¢mi6es Governance Total 2024 Domiciliary care School 2024Total 8,683 965 12.056 4,061 451 32.808 3,646 36A54 22.438 89J 898 5.706 13396 7.748 4.512 2023 Totsl Page 14
Lambeth ChFnese Community Association Notes to the accounts 9. Governance costs UTrrestritted 2024 2023 Professional fees External scrutiny fees AGM and Sundry expenses 2,400 112 2.400 112 4,512 4,512 4,400 10. Net movement In funds ft>r the year Unrestricted 2024 2023 The surplus for the year is after charging: Depreciation External scrutiny fees Staff costs-055 salarie5 and wages Social 5ecurtty and pension costs 3.821 3,821 2,400 159.161 11.745 159.161 11.745 172,158 13,018 Furnlture and ffttings Freehold propertv Plant and machlnery 11. Tangible fixed assets Total C05t At l April 2023 159,711 13,019 10,297 183,027 At 31 March 2024 159.711 13.019 10,297 183,027 Depreciation At l April 2023 58.847 12,749 81.536 Charge for the year 270 357 3,821 At 31 March 2024 62.041 13,019 10,297 85.357 Net book value At 31 March 2024 97.670 97,670 At 31 March 2023 I,864 270 357 101,491 Page 15
Lambeth Chinese Community Association Notes to the accounts 12. Debtors 2024 2023 Trade debtors 16,205 16.205 16.205 16.205 9,838 9.838 13. Credlwrs: amounts due wlthln one year unfesCed 2024 2023 Atcruals PAYE and pension Deferred income 3.955 2.457 3,955 2.457 2,4(X) 2,343 1.359 6,102 6.412 6,412 I movemer In reseT¥e5 Balante at l Aprrl 2023 balanre at 31 M#rth 20Z4 tncomir Outgoing resource5 reSOUTce5 Unrestricted funds 228,220 197,932 1211.1301 215.022 Total fund5 movements 228,220 197,932 1211,130 215.022 Page 16