## **Trustees’ Annual Report for the period**
## **From 01/03/2022 Period start date To 28/02/2023 Period end date**
## **Charity name: Mandarin Evangelical Church London Charity registration number: 1195862**
## **Objectives and Activities**
|**Objectives and Activities**||
|---|---|
|||
|Summary of the purposes of
the charity as set out in its
governing document|**To advance the Christian religion in the United**
**Kingdom for the benefit of the public in particular but**
**not exclusively through the holding of Sunday worship**
**services, prayers, pastoral care, Bible studies, fellowship**
**meetings, and carrying out outreach work in the**
**community, supporting the work wider fellowship of**
**churches, and any other bodies and agencies which the**
**charity deems appropriate, and expressing the love of**
**God inpracticalways to those in need.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|**Sunday worship services, prayers, pastoral care, Bible**
**studies, fellowship meetings, and carrying out outreach**
**work in the community.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|**All trustees have had regard to the guidance issued by**
**the Charity Commission on public benefit.**|
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## **Achievements and Performance**
|||
|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|**Mandarin Evangelical Church London (MEC London)**
**has positively impacted and enriched numerous lives**
**through daily devotion to God's Word, engaging Bible**
**studies, uplifting worship services, nurturing**
**fellowships, compassionate pastoral care, and various**
**communal gatherings. Additionally, during the summer,**
**four college students dedicated their time as volunteers**
**at MEC London. The experience and knowledge they**
**acquired has profoundly influenced their future**
**trajectories, enhancing their professional expertise,**
**interpersonal abilities, and myriad other aspects,**
**ultimately empowering them to make meaningful**
**contributions to society.**|
|**Financial Review**||
|Review of the charity’s
financial position at the end
of the period|**The financial support of MEC London is coming from**
**Christian donors. At this point we have a positive**
**capital.**|
|Statement explaining the
policy for holding reserves
stating whytheyareheld|**No reserve fund held**|
|Amount of reserves held|**0**|
|Reasons for holding zero
reserves|**MEC London currently does not have enough fund to**
**hold a reserve.**|
|Details of fund materially in
deficit|**none**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|**No concerns**|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|**Mandarin Evangelical Church London Ltd. is a**
**company limited by guarantee registered in England**
**and Wales No. 12489736 and a registered charity No.**
**1195862.**|
|---|---|
|Type ofgoverning document|**Memorandum & Articles of Association **|
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|How is the charity
constituted?|**LTD**|
|---|---|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|**All methods are stated in the Articles of Association**
**from page 17-20**|
## **Reference and Administrative details**
|Charity name|Mandarin Evangelical Church London|
|---|---|
|Other namethe charity uses|MECLondon|
|Registered charity number|1195862|
|Charity’s principal address|165 Legacy Tower
88 Great Eastern Road
London E15 1DJ|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4|**Trustee name**|**Office (if**
**any)**|**Dates acted if not for whole**
**year**|**Name of person (or**
**body) entitled to appoint**
**trustee (ifany)**|
|---|---|---|---|---|
||Joseph Rao|||Joseph Rao|
||Yulun Chu|||Yulun Chu|
||Quan Zhao||||
||Danyue Yao||||
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## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Joseph Rao **Position (eg Secretary,** Chair **Chair, etc) Date** 28/11/2023
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**Company Registration No. 12489736 (England and Wales)**
## **MANDARIN EVANGELICAL CHURCH LONDON LTD UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2023**
-------------------------AMENDING COPY --------------------------
**MANDARIN EVANGELICAL CHURCH LONDON LTD UNAUDITED ACCOUNTS CONTENTS**
**Page** Statement of financial position 3 Notes to the accounts 4
- 2 -
**MANDARIN EVANGELICAL CHURCH LONDON LTD STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2023**
|**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
5
**Net current assets**
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2023**
**£**
3,761
16,721
(600)
16,121
19,882
19,882
19,882|**2022**
**£**
-
19,908
-|
|---|---|---|
|||19,908|
|||19,908|
|||19,908|
|||19,908|
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by
Yulun Chu Director
Company Registration No. 12489736
- 3 -
## **MANDARIN EVANGELICAL CHURCH LONDON LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2023**
## **1 Statutory information**
Mandarin Evangelical Church London Ltd is a private company, limited by shares, registered in England and Wales, registration number 12489736. The registered office is FLAT 165 LEGACY TOWER 88 GREAT EASTERN R, LONDON, E15 1DJ, ENGLAND.
## **2 Compliance with accounting standards**
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Tangible fixed assets and depreciation**_
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
|Plant & machinery
20%
**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 March 2022
Additions
At 28 February 2023
**Depreciation**
Charge for the year
At 28 February 2023
**Net book value**
At 28 February 2023
**5**
**Creditors: amounts falling due within one year**
**2023**
**£**
Accruals
600|**Plant &**
**machinery**
**£**
At cost
-
4,701|
|---|---|
||4,701|
||940|
||940|
||3,761|
||**2022**
**£**
-|
## **6 Average number of employees**
During the year the average number of employees was 0 (2022: 0).
- 4 -
## Financial Report
Mandarin Evangelical Church London Ltd For the period ended February 28, 2023
Prepared by VNW Limited
Prepared on 2 November 2023
## **Table of Contents**
Independent Examiner's Report. ......................................................................................................................3 Profit and Loss ................................................................................................................................................. 4 Balance Sheet.................................................................................................................................................. 5
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MANDARIN EVANGELICAL CHURCH LONDON LTD**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 28 February 2023.
## **RESPONSIBILITIES AND BASIS OF REPORT**
As the charity's trustees, 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **INDEPENDENT EXAMINER’S STATEMENT**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
_Vincent Lim_ FCCA MA BSc(Hons) VNW Limited 70 Dowdeswell Close London SW15 5RL
2[nd] November 2023
## **Profit and Loss**
March 2022 - February 2023
|**Profit and Loss**
March 2022 - February 2023||
|---|---|
||**Total**|
|INCOME||
|Donation Income|57,306.58|
|Gift Aid Income|3,730.64|
|**Total Income**|**61,037.22**|
|GROSS PROFIT|**61,037.22**|
|EXPENSES||
|Accountancy Fees|600.00|
|Donation Expense|36,187.00|
|Insurance|83.76|
|Ministry Expenses|2,194.40|
|Subscriptions|287.76|
|Sundry expenses|3,531.77|
|Travelling expenses|399.90|
|Venue Hire|14,435.00|
|WorshipEquipment|2,403.70|
|**Total Expenses**|**60,123.29**|
|NET OPERATING INCOME|**913.93**|
|OTHER EXPENSES||
|Depreciation|940.30|
|**Total Other Expenses**|**940.30**|
|NET OTHER INCOME|**-940.30**|
|NET INCOME|**£ -26.37**|
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Mandarin Evangelical Church London Ltd
## **Balance Sheet**
As of February 28, 2023
**Total**
||**Total**|
|---|---|
|FIXED ASSET||
|**Tangible assets**||
|Plant & Machinery||
|P&M Additions|4,701.49|
|P&M Depreciation|-940.30|
|**Total Plant & Machinery**|**3,761.19**|
|**Total Tangible assets**|**3,761.19**|
|**Total Fixed Asset**|**3,761.19**|
|CASH AT BANK AND IN HAND||
|Bank|16,720.57|
|**Total Cash at bank and in hand**|**16,720.57**|
|NET CURRENT ASSETS|**16,720.57**|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||
|**Current Liabilities**||
|Accruals|600.00|
|**Total Current Liabilities**|**600.00**|
|**Total Creditors: amounts falling due within oneyear**|**600.00**|
|NET CURRENT ASSETS(LIABILITIES)|**16,120.57**|
|TOTAL ASSETS LESS CURRENT LIABILITIES|**19,881.76**|
|TOTAL NET ASSETS (LIABILITIES)|**£19,881.76**|
|CAPITAL AND RESERVES||
|Retained Earnings|19,908.13|
|Profit for theyear|-26.37|
|**Total Capital and Reserves**|**£19,881.76**|
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Mandarin Evangelical Church London Ltd