## **GLOBAL CHINA ACADEMY** Registered Charity No.: 1198983 ## **ANNUAL RETURN** 01/04/2022 – 31/03/2023 Global China Academy 32 Hankins Lane London NW7 3AG Tel: 020 8906 8798 1 ## GLOBAL CHINA ACADEMY ## ANNUAL RETURN YEAR ENDED 31 MARCH 2023 ## CONTENTS |1.|Charity Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3| |---|---| |2.|Trustees’Annual Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-9| |3.|Financial Report| ||• Receipts and payments accounts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10| ||• Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . . . . . . . 11| ||• Notes to the Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12| |4.|Independent Examiner’s Report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . 13-14| 2 ## GLOBAL CHINA ACADEMY ACCOUNTS AND ## FINANCIAL REPORT YEAR ENDED 31 MARCH 2023 ## CHARITY INFORMATION Charity number: 1154640 Business Address 32 Hankins Lane London NW73AG Bankers Lloyds Bank plc 25 Gresham Street London EC2V 7HN Accounting Global China Academy 32 Hankins Lane London NW73AG 3 3 March **2012** **TAR** 1 ## Trustees’ annual report for the period Period start date 0 1 0 4 2 2 Period end date 3 1 0 3 2 3 Charity name Global China Academy Charity No 1 1 9 8 9 8 3 (if any) ## and Activities Objectives ||SORP
reference|| |---|---|---| |Summaryof thepurposesof the
charity as setout inits
governing document|Para1.17|The objects of the Trust are:
1) to promote the study of China in global and
comparative perspectives in all its aspects, and to
contribute to the building and governance of a global
society;
2) to bring theories and methods from studies of
Chinese society and comparative studies of China from
different social scientific disciplines into the realm of
human knowledge;
3) to use academic resources from China, the Chinese
and global and comparative studies to provide a
knowledge-based social consultancy and build a public
dialogue platform;
4) to publish books and peer-reviewed journals, to
create and manage bilingual websites and events, to
encourage research, knowledge transfer, consultancy
and public engagement and to act as a bridge between
China and the rest of world, the Chinese and the non-
Chinese, producing both global public goods and global
public good to serve a global society.| |Summaryof themain activities
inrelationtothose purposesfor
the publicbenefit, in
particular,the activities,
projects or servicesidentified
inthe accounts.|Para 1.17
and
1.19|• Developing individual and institutional fellowships
and maintaining a unique global network with a mailing
list of more than 6,000 like-minded people;
encouraging links through its comprehensive and high-
quality bilingual website.
• Encouraging the study of China in global and
comparative perspectives. Our peer-reviewed journals
such as Journal of China in Global and Comparative
Perspectives (JCGCP) publish high-quality academic and
intellectual products; encourage interdisciplinary,
inter-institutional, transnational and comparative
approaches; and facilitate collaborative studies on
China in its Asian and global contexts.
• Developing Global Century Press (GCP), the first
publisher in the world dedicated to bilingual publishing
of academic, practical andpopular books on China in| October 2016 Charity Accounts templates – Trustees’ annual report for the period |||Global and comparative contexts. The results of
research and any consequent policy outcomes are fed
back into and reflected in our publications to serve the
global academic community and the good of society
worldwide.
• Holding a series of Global China Dialogues (GCDs), of
which there have been eight to date, based on the
concepts of transculturality and social creativity, to
enhance public understanding of global affairs and
participate in global governance.| |---|---|---| |Statement confirming whether
thetrustees have had regardto
theguidance issuedby the
CharityCommission onpublic
benefit|Para1.18|• All the publications by the Global Century Press, along
with the Global China Dialogues, further the charity’s
purposes for the public benefit.
• The trustees have had regard to the guidance issued
by the Charity Commission on public benefit.| ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policyongrantmaking|Para1.38|| |Policy on social investment including
program relatedinvestment|Para1.38|| |Contribution madebyvolunteers|Para1.38|| |Other||| October 2016 Charity Accounts templates – Trustees’ annual report for the period 2 of 18 ||SORP
reference|| |---|---|---| |Summaryof themain
achievementsof thecharity,
identifyingthedifferencethe
charity’s work hasmadeto the
circumstancesof itsbeneficiaries
and any widerbenefits to
societyas a whole.|
Para1.20|In the charity year from 1st April 2022 to 31st March 2023, the
Global China Academy made significant achievements:
1) Website Development and Ecommerce Integration:
•
Significant progress in developing new websites for the
GCA and Global Century Press (GCP).
•
Integration of the Global China Ecommerce platform into
Global Century Press marked a notable breakthrough.
2) Book Launch and Globalisation of Chinese Social Sciences:
•
Launch of a revised version of Prof. Martin Albrow's book,
_China and the Shared Human Future: Exploring Common_
_Values and Goals_, edited by Xiangqun Chang, at the
London Books Fair on April 7, 2022.
•
The book, a companion to Albrow’s earlier work, includes
selections from his 60-year career, focusing on global
governance and China.
•
It highlights Albrow’s engagements with Chinese
academia and practical themes such as COVID-19, the Belt
and Road Initiative, and poverty alleviation.
•
The book aims to promote the globalisation of Chinese
social sciences, featuring Albrow’s contributions to the
academic and social missions of Chinese scholars.
3) Academic Publications and Dialogues:
•
Publication of selected essentials from the 7th Global
China Dialogue (GCD VII) in the_Journal of China in Global_
_and Comparative Perspectives_(JCGCP), Volume 8, 2022.
•
The volume includes summaries of speeches by notable
figures such as Lord Anthony Giddens, and Prof. Martin
Albrow and others, covering presentations and exchanges
from diverse panels on societal transformations, digital
security, cultural identities, and institutional reforms.
•
Owing to the unpredictable COVID-19 situation in China, a
decision was made to continue the annual Global China
Dialogues series in the UK, with the 8th GCD, focusing on
Global Governance for Health, scheduled for December
2023.
4) Key Activities and Meetings in China:
•
President of the Global China Academy (GCA), Professor
Xiangqun Chang FRAS FGCA engaged in various activities
and meetings in China from early September to mid-
November, marking significant achievements for the GCA.
•
Tsinghua University meeting: On September 17, a meeting
at Tsinghua University in Beijing was organised by GCA
Trustee Dr. Yuan Cheng and Professor Lan Chun. It
included both in-person and online participation from
notable academics such as Professors LI Qiang, XIE
Lizhong, BING Zheng and ZHU Guanglei.| October 2016 Charity Accounts templates – Trustees’ annual report for the period 3 of 18 - Meetings with Chinese academics and partners: Professor Chang met with various individuals, including Ms. ZHANG Haiou from the New World Press, Professor CHEN Guangjin and Professor FANG Ning from the Chinese Academy of Social Sciences (CASS). These meetings covered topics from the metaverse to sociology and political science. - Visit to Learning without Borders: On September 19, Professor Chang visited the headquarters of Learning without Borders in Changsha City, to discuss further collaboration with CEO Philip Hao and colleagues. - Tongji University engagements: On September 21, Professor Chang attended three meetings at Tongji University, covering collaborations, research projects, and media studies. This included discussions with Professor WANG Xin, Ms. ZHANG Yanli and Professor LI Linxue. - Fieldwork in Kaixiangong Village: Professor Chang conducted fieldwork in Kaixiangong Village, Suzhou City, where she revisited her research on social support networks and the concept of 'recipropriety'. - Speech at Tongji University: On October 15, Professor Chang delivered a speech at an international conference at Tongji University, discussing the concept of community building in a Chinese village context. - Cultural engagements in Suzhou and Wuxi Cities: Professor Chang appreciated traditional Chinese calligraphy at a tea house in Suzhou and visited historical and cultural sites in Wuxi City. - Observations on the COVID-19 situation: Notably, Professor Chang witnessed the changing COVID-19 situation during her stay in China, reflecting on the complexities of understanding China in a global context. - 5) Financial Review and Sustainability: - The GCA, a UK-based fellowship, focuses on studying China in global contexts and contributes to building a global society. - Principal sources of funds shifted from participation fees for the Global China Dialogue series to professional services by Global Century Press, supplemented by donations. - Emphasis on revenue generation through sales of books and journals, fellowship fees, and service provision to ensure financial sustainability. - These achievements reflect GCA's commitment to enhancing the study of China in a global perspective, contributing significantly to global academic discourse and society building. - 6) GCA and GCP Developments: - The GCA and Global Century Press (GCP) websites are being actively developed, with content being updated periodically. - GCA introduced Associate Fellowships to meet the criteria of the Academy of Social Sciences. - GCP finalised its publication standards and is working on standardising its house style and contributor guidelines. - Global China Dialogue VIII: The 8th Global China Dialogue, themed ‘Governance for Global Health’, was scheduled for 8th December 2023 at the British Academy. It is being co-organised with UCL Global Business School for Health and ESRC Centre for Corpus Approaches to Social Science, Lancaster University, UK, and College of Arts and Mida of Tongji University. These activities and developments highlight GCA’s commitment to fostering global understanding and collaboration in the study of China, demonstrating its influential role in academic and cultural exchanges. ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Achievementsagainstobjectives
set|Para1.41|| |Performanceoffundraisingactivities
againstobjectives set|Para1.41|| |Investment performanceagainst
objectives|Para1.41|| |Other||| October 2016 Charity Accounts templates – Trustees’ annual report for the period 4 of 18 ||SORP
reference|| |---|---|---| |Review of thecharity’sfinancial
positionat theendof the period|Para1.21|| |Statement explainingthepolicyfor
holding reserves stating why
they areheld|Para1.22|| |Amountofreservesheld|Para1.22|| |Reasonsforholding zero reserves|Para1.22|| |Detailsof fund materially indeficit|Para1.24|| |Explanationofany uncertainties
aboutthecharity continuing asa
going concern|Para1.23|| ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |The charity’s principal sourcesof
funds (including anyfundraising)|Para1.47|The charity’s principal sources of funds, as in
previous years, are private donations from
voluntary/philanthropic
friends
and
family,
supplemented by GCP's professional services for
publications and additional donations. We hope
that the sales of goods, such as books and journals,
along with fees from the Global China Dialogue
series, Fellowship fees, and the provision of
services, will generate a profit.| |Investment policyand
objectivesincluding any social
investmentpolicyadopted|Para1.46|| |Adescriptionof theprincipal risks
facingthecharity|Para1.46|| |Other||| October 2016 Charity Accounts templates – Trustees’ annual report for the period 5 of 18 ## Structure, Governance and Management |Descriptionofcharity’s trusts:|SORP
reference|| |---|---|---| |Typeofgoverning document
(trust deed, royal charter)|Para1.25|Constitution – GCA was registered as a CIO under
the number 1198983 on 27th May 2022.| |How isthecharity constituted?
(e.gunincorporated association, CIO)|Para1.25|Trust| |Trustee selection methods including
detailsofanyconstitutional
provisions e.g. electiontopost
ornameofany personor body
entitledtoappoint oneor more
trustees|Para1.25|| ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policies and procedures adoptedfor
theinduction and trainingoftrustees|Para1.51|| |The charity’s organisational structure
and any widernetwork with
whichthecharityworks|Para1.51|The charity is governed by a Board of Trustees, of
whom there are six.| |Relationship with anyrelated
parties|Para1.51|Global Century Press, a subsidiary trading
company, will commence operations in 2024 after
being dormant.| |Other||| October 2016 Charity Accounts templates – Trustees’ annual report for the period 6 of 18 |Charityname|Global China Academy| |---|---| |Other namethecharity uses|CCPN Global; Global China Institute| |Registered charitynumber|1198983| |Charity’s principal address|32 Hankins Lane
Mill Hill
London NW7 3AG| Names of the charity trustees who manage the charity |1
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20|Trusteename|Office(ifany)|Dates actedif notfor
whole year|Nameofperson(or
body) entitled toappoint
trustee(ifany)| |---|---|---|---|---| ||Prof. Xiangqun Chang|||All existing trustees| ||Dr Thomas Clarke|Treasurer||All existing trustees| ||Ingrid Cranfield|Chair||All existing trustees| ||Dr Grace (Yuan) Cheng|||All existing trustees| ||Charles Grant|||All existing trustees| ||Dr Frances Wood|Secretary||All existing trustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| October 2016 Charity Accounts templates – Trustees’ annual report for the period 7 of 18 ## Reference and Administrative details (cont) Corporate trustees – names of the directors at the date the report was approved Director name As above ## Name of trustees holding title to property belonging to the charity |Trusteename|Dates actedif not forwhole
year|| |---|---|---| |||| |||| |||| |||| |||| |||| October 2016 Charity Accounts templates – Trustees’ annual report for the period 8 of 18 Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## Additional information (optional) Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information) ## Exemptions from disclosure Reason for non-disclosure of key personnel details ## Other optional information October 2016 Charity Accounts templates – Trustees’ annual report for the period 9 of 18 ## 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)
Position
(e.g.
Secretary,
Chair, etc)

Date|||| |---|---|---|---| ||||| ||
Ingrid Cranfield|Xiangqun Chang|| ||||| ||Chair|Trustee|| ||||| ||29 January 2024||| October 2016 Charity Accounts templates – Trustees’ annual report for the period IOof18 CHARifi COMMISSIO FOR ENGIAND AND WALE 1198983 Recelpts and payments accounts CC16a For th• p•riod 31nJYJJ23 Section A Receipis and payments ndB l￿d5 Tot*1 fvn L•81 ymr A1 Rac Ind￿￿U31 C¢w*p E¥w ).1tsS 7.5 6.123 Cha 470 470 32.332 Sub tot•l(GRKSS in for AR) A2 As8•t and In¥8skn•nt sal8s, 1s00 labl•l. 10.577 577 Sub Tat•l r 41 A3Pa ment# 3.0 1Q.335 .015 751 1fj.JJS 4.415 14.101 Ewhts 751 D5t4e 1$3 250 375 Iss 250 375 2.579 PR 375 Sub tot•1 A4 A**•t arnl Inv•stsn•nt fth•*•*. ls•• t*bhl Sub total 18.80S 18.80$ 34.786 Nel of Yeceipts/{payments) AS Tra￿1*r$ bekn¥q•n fun A6 Cash lunds last ywr •Thl c￿ funds this wjd Section B Statement of assets and liabilities at the end of the period UnrestTlCt&d Restncted funds Endowment nd• Tot•1 cash fvn¢ts Charity Accountstemplates Tru5tees' annual report forthe period October 2016 11 of 18 ## **GLOBAL CHINA ACADEMY BALANCE SHEET AS AT 31 MARCH 2023** ||**Notes**||**General Fund**|**Restricted**|**Funds**||| |---|---|---|---|---|---|---|---| ||||||||| ||||||||| |||||||**2023**|**2022**| ||||||||| |**Fixed Assets**
**Current assets**
Cash at bank & in hand
**Total current assets**
Less
Creditors due within 1 year
**Current assets**
**less current**
**liabilities**
**Total Assets**
Represented by :
General Funds
Total Funds|4
3||**£**
-
1,772||-|**£**
-
1,772|0| ||||1,772
-
1,772||-
-|1,772
-|0
-
0| ||||||-|1,772|| ||||**1,772**||**-**|**1,772**|**0**| ||||8,546||-|8,546|6,774| ||||**8,546**||**-**|**8,546**|**6,774**| We acknowledge our responsibilities for keeping accounting records in accordance with section 130 of the 2011 Charities Act and to prepare accounts which accord with the accounting records and comply with accounting requirements of the Act. Approved by the trustees .................................................... Thomas Clarke Treasurer 29-January-24 ........................................... Dated October 2016 Charity Accounts templates – Trustees’ annual report for the period 12 of 18 ## GLOBAL CHINA ACADEMY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ## 1. Accounting Policies 1.1 Basis of accounting These accounts have been prepared on the basis of historical cost in accordance with *Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005) * and with Accounting Standards; * and with the Charities Act 1993. 1.2 Change in basis of accounting These has been no change to the accounting policies(valuation rules and methods of accounting since last year. 1.3 Changes to previous accounts No changes have been made to accounts for previous years 1.4 Incoming Resources Incoming Resources represent grants, awards, donations, self-generated income due in the year 1.5 Tangible Fixed Assets There were no tangible Assets in the year ## 2. Staff Costs and Numbers 2.1 There were no paid employees as at 31 March 2023. 2.2 Time spent by the Trustees have not been brought into the accounts as they do not wish to be paid. |
be paid.|| |---|---| |3.Creditors
Accrued Expenses -Accounting
Accrued Expenses -Independent Exam
Total
4.Bank
Current Account|2023
2022
£
£
0
0
0
0
0
0
£
£
1,772
0| ||1,772
0| October 2016 Charity Accounts templates – Trustees’ annual report for the period 13 of 18 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/ members of On accounts for the year ended Set out on pages** |||| |---|---|---| |Charity Name
Global China Academy||| |||| |01/04/2022-31/03/2023|**Charity no (if**
**any)**|1198983| (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 /03 / 2023** . **Responsibilities and basis of report** As the charity trustees of the Trust, 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 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 (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Date: Signed:** 19 June 2024 **Name:** Yudong Gao **Relevant professional qualification(s)** Finance Officer **or body (if any):** Paddington Development Trust **Address:** 59 Elgin Avenue London W9 2DB October 2016 Charity Accounts templates – Trustees’ annual report for the period 14 of 18 ## **Section B Disclosure** > [Only complete if the examiner needs to highlight matters of concern (see CC32, ] Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any** I report on the accounts of the Charity for the year ended 31 March 2023. **items that the examiner** Respective responsibilities of Trustees and examiner **wishes to disclose** . The charity's Trustees are responsible for the preparation of the accounts. It is my responsibility to: (i) examine the accounts under section 145 of the 2011 Charities Act (the Act); (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 of the Act; and (iii) to state whether particular matters have come to my attention. **Basis of independent examiner's report** My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. **Independent examiner's statement** In connection with my examination, no matter has come to my attention: (a) which gives me reasonable cause to believe that in any material respect the requirements; (i) to keep accounting records in accordance with section 130 of the Act; and (ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act; have not been met; or (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. October 2016 Charity Accounts templates – Trustees’ annual report for the period