2024-03-31-accounts

GLOBAL CHINA ACADEMY

Registered Charity No.: 1198983

ANNUAL RETURN

01/04/2023 – 31/03/2024

Global China Academy 32 Hankins Lane London NW7 3AG Tel: [phone]

1

GLOBAL CHINA ACADEMY

ANNUAL RETURN

YEAR ENDED 31 MARCH 2024

CONTENTS

1.	Charity Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
2.	Trustees’Annual Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-15
3.	Financial Report
	• Receipts and payments accounts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
	• Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . . . . . . . 17
	• Notes to the Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
4.	Independent Examiner’s Report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . 19-20

GLOBAL CHINA ACADEMY ACCOUNTS AND

FINANCIAL REPORT YEAR ENDED

31 MARCH 2024

CHARITY INFORMATION

Charity number: 1198983 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

TAR

March 2012

Trustees’ annual re t por for the period

Period start date 0 1 0 4 2 3 Period end date 3 1 0 3 2 4

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

Charity Accounts templates – Trustees’ annual report for the period

October 2016

		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	GCA’s Fundraising and Donation Policy ensures that fundraising activities and donations align with the Academy’s objectives. Key principles include ethical fundraising, transparency, diversity of funding sources, and strict donor evaluation. These principles help maintain the academy’s integrity and support its long-term goals. The full policy can be viewed here:https://globalchinaacademy.org/ fundraising-donations-policy.
Policy on social investment including program relatedinvestment	Para1.38	N/A
Contribution madebyvolunteers	Para1.38	GCA’s Volunteer Policy emphasises the crucial role of volunteers, acknowledging their contributions. It provides support, insurance, and expense coverage to ensure volunteers are effectively integrated and not financially burdened, highlighting their value to the Academy. The full policy can be viewed here: https://globalchina academy.org/volunteer-policy.
			academy.org/volunteer-policy.
Other		Our old charity, registered on November 19, 2013, with the number 1154640, closed on December 31, 2023. GCA has created a digital archive recording its history and activities over the past 10 years, see: https://globalchinaacademy.org/global-china- academy-embarks-new-chapter-cio-status- preserves-history-online.

Charity Accounts templates – Trustees’ annual report for the period

October 2016

	SORP reference
Summaryof themain achievementsof thecharity, identifyingthedifferencethe charity’s work hasmadeto the circumstancesof itsbeneficiaries and anywiderbenefits to societyas awhole.	Para1.20	From 1st April 2023 to 31st March 2024, Global China Academymade significant achievements: 1) Global China Academy • Celebrating the 10th anniversary of GCA since its founding under the name of CCPN Global. Over the past decade, GCA has developed three pillars. They are the Fellowships of the Global China Academy itself; Global Century Press(GCP), the world’s only independent platform dedicated to publishing uncensored work on China; and the Global China Dialogue(GCD) series of forums, a high-end discourse platform facilitating communication between China and the rest of the world. • A reception and dinner to celebrate the conclusion of GCD8 and the GCA’s 10th anniversary was held on the 8 Dec 2023 at the House of Lords, the UK Parliament. • Completed development of Global China Academy’s virtual sites, including the GCA and GCP websites. These websites were launched at a reception at the House of Lords on December 8, 2023. • Created GCA's Fundraising and Donation Policyensuring ethical practices, transparency, and diverse funding sources in line with the Academy's goals. • Updated GCA's Volunteer Policysupporting volunteers and emphasising their value to the organisation, and aligning with reporting standards. • Set up a digital archive spanning the organisation’s 10- year history and activities beforeour former charity (1154640) closed on December 31, 2023with the goals of accessibility and transparency. • Personnel: ProfessorMaria JaschokFGCA has been elected as Chair of the Global China Academy Board of Trustees following Ingrid Cranfield’s retirement; Professor BING Zheng was appointed as Chinese Chair of the GCA Council following the death of ProfessorLI Qiang. 2) Global China Academy Fellowship • HMRC listed GCAamong its ‘approved learned societies and professional organisations’ to facilitate GCA Fellowship subscriptions. • Opened up the GCA Centre, or the ‘Fellows’ Home’, utilising the property occupied by the GCA to create funding opportunities through networking. • In a generous contribution to the academic community, Professor Robin Cohen, a Life Fellow of the Global China Academy, has donated an invaluable collection of ten academic books to the GCA library. • At the dinner celebrating the conclusion of the 8th Global China Dialogue and the 10th Anniversary of the Global China Academy, new GCA fellowships were awarded. • In April 2024, we have summarised six 'walk and talk' routes, including tea and lunch, at and around the GCA Fellows’ Home, based on 10 years of practice.

Charity Accounts templates – Trustees’ annual report for the period

October 2016

• 3) Global Century Press

• On May 11, Professor Xiangqun Chang presented four copies of the mainland Chinese edition of China and the Shared Human Future to the author, Professor Martin Albrow, on behalf of China National Publications Import & Export (Group) Co. Ltd. She also presented four copies of the English edition published by Global Century Press.

• On May 23, Professor Xiangqun Chang presented at the inaugural China-Focused Research Forum hosted by SOAS, University of London. Organized by student societies of SOAS, LSE, and King’s College London, the event was overseen by Dr Lianyi Song, a founding editor of the Journal of Chinese for Social Science . The forum fostered engagement among students and scholars studying China.

• In December 2023, launched the book Board Excellence: Global Best Practice , a groundbreaking work that sets a new standard in corporate governance and board management. Edited by Cheng Yuan and Lu Yuebing and published by Global Century Press, this book is essential reading for board directors, policymakers, and business leaders navigating the complexities of today's corporate world.

• GCP colleagues participated in numbers of events at the London Book Fair 2024 from 12th to 14th March, and engaged professionals and authors during the events.

• GCP applied to be member of The Association of Learned and Professional Society Publishers (ALPSP).

• GCP began its process of standardisation across its publications. Some journals and books are now available on an open access basis on the GCP website, and DOIs have been submitted to CrossRef. The process will continue through 2024.

• 4) The 8[th] Global China Dialogue

• On August 9, supported by UCL Global Engagement, Professor Chang met a delegation from Wuxi's Economic Development Zone at UCL Global Business School for Health. The meeting introduced GBSH's health business education focus and Wuxi's role in innovation. At the Wuxi (London) Promotion Conference, co-organized by the China-Britain Business Council, an MOU for global health innovation was signed by UCL, GCA, and Wuxi. In a thank you letter, Du Xiaogang acknowledged GCA’ s contribution to Sino-British relations.

• The 8th Global China Dialogue, held on December 8 2023 at the British Academy, explored global health governance challenges, particularly in China. Co-organized by the Global China Academy, UCL Global Business School for Health, Lancaster University's ESRC Centre for Corpus Approaches to Social Science, and Tongji University's College of Arts and Media, the conference featured scholars and experts from the UK, China, and France. Sponsored by various entities, GCD8 addressed complexities in four panels: Global Health System Integration, Challenges of Global Health Governance, Communication for Global Health Improvement, Health Governance in the Digital Realm.

• On the afternoon of December 8th 2023 some peakers and volunteers of the 8th Global China Dialogue visited the University of Oxford and were well received by GCA Fellows.

• The Global China Academy delegation was warmly welcomed by Lucy Cavendish College at the University of Cambridge on December 9, 2023. Delegates engaged in activities and presentations that strengthened connections and fostered collaboration between the two institutions.

• After the 8th Global China Dialogue and the 10th anniversary celebration of the Global China Academy, team-building activities were successfully held in early February 2024.

• 5) Academy visits in China

• From April 4–21, Professor Xiangqun Chang, President of GCA, conducted a series of lectures and seminars at top Chinese universities, focusing on China's modernization and shared human values. Topics included corpus-assisted global governance analysis, big data methodologies, and the impact of Chinese social sciences on global knowledge. She emphasized concepts like 'recipropriety' and the potential for interdisciplinary collaboration.

• From April 17 to early May, GCA Council Chair Professor Tony McEnery of Lancaster University and Xi’an Jiaotong University visited China. He inaugurated the 'McEnery Corpus Research Centre,' delivered lectures on 'Language Matters,' and discussed corpus linguistics' role in the 'Big Data' era. These activities showcased the field's evolution and its capacity to address societal challenges.

• From October 15-25, GCA Founding and Past Honorary President Professor Martin Albrow visited China, attending seminars and lectures to underscore the importance of international dialogue and collaboration.

• From October 27-29, Professor Tony McEnery led the 'International Conference on Corpus-based Interdisciplinary Research' at Xi’an Jiaotong University, focusing on corpus linguistics and the global acceptance of traditional Chinese medicine. Over 110 universities participated, facilitating rich interdisciplinary exchanges.

Additional information (optional)

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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
	SORP reference
Reviewof 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 fundmaterially indeficit	Para1.24
Explanationofany uncertainties aboutthecharity continuing asa going concern	Para1.23

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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. From 2024 onwards, in addition to the private donations, we are developing three funding sources: • GCA Fellowship fees. HMRC listed GCA as ‘Approved learned societies and professional organisations’ to facilitate reclaiming GCA Fellowship subscriptions, see:https://www. gov.uk/government/publications/professional- bodies-approved-for-tax-relief-list-3/approved -professional-organisations-and-learned- societies#g • Journal subscriptions, journal article, book chapter and book sales and Open Access processing charges from Global Century Press. • Sponsorships and fees from the Global China Dialogue series.
Investment policyand objectivesincluding any social investmentpolicyadopted	Para1.46
Adescriptionof theprincipal risks facingthecharity	Para1.46
Other
and Management
Descriptionofcharity’s trusts:	SORP reference
Typeofgoverningdocument (trust deed, royalcharter)	Para1.25	Constitution – GCA was registered as a CIO under the number 1198983 on 27th May 2022.
How isthecharity constituted? (e.gunincorporatedassociation, CIO)	Para1.25	Trust
Trustee selection methods including detailsofanyconstitutional provisions e.g. electiontopost ornameofany personor body entitledtoappoint oneor more trustees	Para1.25

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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 anywidernetworkwith whichthecharityworks	Para1.51	The charity is governed by a Board of Trustees, of whom there are six.
Relationshipwith anyrelated parties	Para1.51	Global Century Press, a subsidiary trading company, will commence operations in 2024 after being dormant.
Other

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

Charity Accounts templates – Trustees’ annual report for the period

October 2016

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trusteename	Office(ifany)	Dates actedif notfor whole year	Nameofperson(or body) entitled toappoint trustee(ifany)
	Professor Maria Jaschok	Chair		New trustee
	Dr Frances Wood	Secretary		All existing trustees
	Dr Thomas Clarke	Treasurer		All existing trustees
	Prof. Xiangqun Chang			All existing trustees
	Charles Grant			All existing trustees
	Dr Grace (Yuan) Cheng			All existing trustees

Charity Accounts templates – Trustees’ annual report for the period

October 2016

Reference and Administrative details (cont)

Corporate trustees – names of the directors at the date the report was approved

----- Start of picture text -----
Director name
As above
----- End of picture text -----

Name of trustees holding title to property belonging to the charity

----- Start of picture text -----
Trustee name Dates acted if not for whole
year
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
----- End of picture text -----

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s) Maria Jaschok Xiangqun Chang
Position
(e.g. Secretary, Chair Trustee
Chair, etc)
Date 19 June 2024
----- End of picture text -----

Charity Accounts templates – Trustees’ annual report for the period

October 2016

CHARITY COMMISSIO FOR ENGLAND AND WALE Globl Chlrm 11989J3 Recelpts and payments accounts CC16a For th• p•rlod from 01A)4r2023 31I0Y2024 Section A Receipts and payments Unr•strt•d Tot1 funds L•81 y••r Al R•¢•l 11.7QQ 20.69J J.50Q 7.596 9.011 2Q.6?J EwnLs J77 711 0th8rs 1.7TJ 1.7TJ Sub tolal (Gr055 y1con￿ for ARI A2 Asg•t and In￿$trn•nt sals. • iabl•l- .105 36,10S .S77 Sub total 35.10S m•nts E4na15 Éd￿￿,,9T￿th1c pub￿3￿5 EwnLs cou[rt￿9 BookkeBPV T[￿1 Posta E￿enseS J.477 10.097 1567 19.453 2J2 3.477 lQ.D57 2.567 19.453 2J2 2.411 111.JJ5 015 751 1S$ 2SO 37$ PR 37S J7$ Sub total 74 A4 Au•1 8nd inv•$tm•nt purchw#. (#•• t•Y•l Sub tolal 74 37.674 N•t of r•cWpts/(p•￿￿•ntsj Transhrs btrA•n lunds A6 ¢•8h lund$ l•$t y•w •rnl C•sh luftds this y¢•r end 6.T74 6.TT4 1.772 Section B Statement of assets and liabilities at the end of the period Unre5trJEle£l R#stri￿d fithds Endowtngnt ful￿ 81 Cash fund5 5.•n Tot•1 cash lund5 5J7T Charity Accountstemplatès - Trustèès. annual rÉport forthè ￿rI(X1 Octobèr 2016

GLOBAL CHINA GLOBAL CHINA ACADEMY BALANCE SHEET AS AT

31 MARCH 2024

	Notes		General Fund	Restricted	Funds
						2024	2023
Fixed Assets Current assets Cash at bank & in hand Total current assets Less Creditors due within 1year Current assets less current liabilities Total Assets Represented by : GeneralFunds TotalFunds	4 3		£ - 5,977		-	£ - 5,977	1,772 1,772 - 1,772 1,772 1,772 1,772
			5,977 - 5,077		- -	5,977 -
					-	5,977
			5,977		-	5,977
			5,977		-	5,977
			5,977		-	5,977

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

19-June-24 ........................................... Dated

Charity Accounts templates – Trustees’ annual report for the period

October 2016

GLOBAL CHINA ACADEMY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

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 2024.

2.2 Time spent by the Trustees have not been brought into the accounts as they do not wish to be paid.

2.1 There were no paid employees as at 31 March 2024. 2.2 Time spent by the Trustees have not been brought into the be paid.	accounts as they do not wi
3.Creditors Accrued Expenses –Accounting Accrued Expenses -Independent Exam Total 4.Bank Current Account	2024 2023 £ £ 0 0 0 0 0 0 £ £ 5,977 1,772
	5,977 1,772

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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
01/04/2023-31/03/2024	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 / 2024 .

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

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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 2024. 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.

Charity Accounts templates – Trustees’ annual report for the period

October 2016