THE MANCHESTER
CHINESE CHRISTIAN
CHURCH
ANNUAL REPORT & FINANCIAL STATEMENTS
FOR THE PERIOD FROM
10TH JULY 2023 TO 31ST DECEMBER 2024
Charity Registration No. 1203911

THE MANCHESTER CHINESE CHRISTIAN CHURCH
CONTENTS
Page
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Statement of Cash Flows
Notes to the Financial Ststements

THE MANCHESTER CHINESE CHRISTIAN CHURCH
TRUSTEES, REPORT
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
TH
The Trustees present their report and financial statements for the Charitable Incorporated
Organisation for the period from 1 Oth July 2023 to 31 sl December 2024.
The financial statements have been prepared in accordance with the charity's trust deed, the
Charities Act 2011 and Accounting and Reporting by Charities.. Statemer¢t of Recommended
Practi￿ applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102)
(effective 1st January 2015).
OBJECTIVES AND ACTIVITIES
The objects of the charity are to advance the Christian faith for the benefit of the public in
accordance with the doctrinal basis stated in the Constitution, in particular but without limitation
for members of the Chinese speaking community in Manchester and the su￿Ound1ng area.
The church has been serving the community for nearly 60 years, and we have a proud record
of providing for the physical and spiritual needs of several generations of Chinese speaking
people in Manchester and beyond. Under the leadership of our current senior pastor, the
medium-term objective is to grow into a transfomied, united and missional Church, planting
new congregations where the needs are. We do this by predominantly examining biblical
teaching on love, sacrifi12 and servi￿, so that each member can live life in all its fullness and
make a difference in the world around us.
The main activities of the church are..
Sunday worship serVI￿S
Sunday bible schools and youth activities
Chinese language school for children
Pastoral support for members experiencing trauma
Small group ministry during the week
Advice and support work for people in need (debt-advice, home support, homeless aid,
gambling addiction work...)
Outreach and support to Chinese takeaway businesses
Supporting overseas students from many parts of Asia
Preaching support for neighbouring Chinese churches
Financial and prayer support for overseas Christian missionaries
Financial and prayer SUPFX)rt for Christians suffering persecution
Public Benefrt
The Trustees are aware of the Charity Commission guidan￿ on public benefit. The work of the
charity and the funds it raises are wholly directed towards furthering the aims and objectives
set out above and the Trustees are therefore of the view that the charity satisfies the criteria
laid down to meet the public benefit test.
ACHIEVEMENTS AND PERFORMANCE
We have successfully transfomied into a Charitable Incorporated Organisation on 10th July
2023 and started operating from 1 St January 2024, with full church members support.

THE MANCHESTER CHINESE CHRISTIAN CHURCH
TRUSTEES, REPORT
FOR THE PERIOD FROM 10 JULY 2023 TO 31 DECEMBER 2024
TH
ST
This was necessitated by continual growth of the church, the membership of which is now over
300, and with it the need for an overhaul of the church constitution with the aim of bring ing
about better governan￿.
The main achievements of the church over the past 12 months are:
Expansion of congregation size and number of church servi￿$ conducted on Sunday
(currently 8 services in 6 sites)
Continual increase in financial support and offering by generous and committed church
members, thus enabling us to expand our stsff steam and ministy
Successful ministry supporting many BNO passport holders from Hong Kong who have
settled in the Greater Manchester area
Vibrant youth ministry in all the congregations
Compleb'on of repair and refurbishment work in lfvhalley Range Church Centre, now
with improved heating and ventilation
Contribution to social cohesion by opening our doors to our neighbours in Whalley
Range at certain special occasions
Continual support for two Christian pastors in Bhutan
God is gracious and has provided for all our needs in the past and the present. We trust that
He will continue to provide but we are also tru￿ grateful for the support of our members, from
many different backgrounds.
FINANCIAL REVIEW
Total income for the period was £675,369 of which £57,395 related to funding for projects upon
which restrictions are placed.
Total expenditure for the period was £557,265 leaving a surplus for the period of £118,104,
plus the transfer of assets from charity number 500562 of£2.413,191
At 30th September 2023 the charity's reserves stood at £2,531,295
RISK MANAGEMENT
The main risks to which the charity is exposed as identified by the Trustees have been
considered and systems have been established to mitigate those risks.
RESERVES POLICY
It is the policy of the Charitable Incorporated Organisation to maintain unrestricted funds,
which are free reserves at a level to cover a redundancy provision and three months, running
costs should no further funding be received
As at the end of the financial period the unrestricted funds, totalled £1,864,992 less designated
funds of £1,692,613. leaving a balance of £172,372. The Charitable Incorporated Organisation
requires £57.521 for redundancy provision, £133,283 for three months total running costs.
(Total £190,804) see note 9 for designated funds.

THE MANCHESTER CHINESE CHRISTIAN CHURCH
TRUSTEES, REPORT
FOR THE PERIOD FROM 10 JULY 2023 TO 31 DECEMBER 2024
TH
ST
PLANS FOR THE FUTURE
We plan to consolidate our work in ￿ntral Manchester, Sale, Altrincham and Bolton, reaching
out to the wider communities including the Non-chinese. We are particularly seeing the growth
of the second and third generation Chinese families in our church and we seek to raise up
more leaders among them and meet their needs. We are looking into developing new
ministries and social projects to benefit the wider society. We are close to the completion of the
purchase of Besses O'th Barn Church, a large Victorian building in Wthitefield, near Bury. This
is an exciting opportunrty for us to expand our Se￿1￿$ but will also demand a lot of rese￿eS
for renovation and maintenance. We will therefore be vigorously raising fund amongst our
members and ex-members for such purpose.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Manchester Chinese Christian Church is a registered Charitsble Incorporated
Organisation (CIO), number 1203911 registered on 10th July 2023, under the terms of the
Constitution dated 10th July 2023.
The Trustees are the members of the Church Council, comprising the Senior Pastor, Church
Treasurer, Church Secretary, one Elder from each of the language ministry groups, and one
Lay Member from each of the language ministry groups.
Eligibility fortrusteeship
a. Every Charity Trustee must be a natural person.
b. Every Charity Trustee must subscribe to the objects and doctrinal basis of the Church
as set out in clause 3.
c. No one may be appointed as a Charity Trustee:
if he or she is under the age of 16 years., or
if he or she would automatically cease to hold Offi￿ under the provisions of clause
15{1)(fj.
d. No one is entitled to act as a Charity Trustee whether on appointment or on any re-
appointment until he or she has expressly acknowledged, in whatsver way the Charity
Trustees consider appropriate, his or her aC￿pIanCe ofthe Offi￿ of Charity Trustee.
e. At least one of the Charity Trustees must be 18 years of age or over. If there is no
Charity Trustee aged at least 18 years, the remaining Charity Trustee or Trustees may
act only to call a meeting of the Charity Trustees or appoint a new Charity Trustee.
Number of Charity Trustees
There must be at least three Charty Trustees. If the number falls below this minimum, the
remaining Charity Trustee or Trustees may act only to call a meeting of the Charity Trustees or
appoint a new Charity Trustee.
There should be..
not more than 4 Elected Trustees.,
not more than 1 Ex-officio Trustee., and
not more than 10 Nominated Trustees.
The maximum number of Charity Trustees that can be appointed is as provided in sub-clause
{3){a) of the constitution. No trustee appointment may be made in excess of these provisions.

THE MANCHESTER CHINESE CHRISTIAN CHURCH
TRUSTEES, REPORT
FOR THE PERIOD FROM 10 JULY 2023 TO 31 DECEMBER 2024
TH
ST
First Charity Trustees
The first Charity Trustees of the Church are..
1. James Lay
2. Lee Siu Quek
3. Ben Cheng.
Appointment of Charity Trustees
Trustee appointments are made by election at the annual general meeting, by nomination by
the language ministry groups, or by virtue of holding the position of Senior Pastor. The Trustee
terms of office vary from one year to three years, or for so long as the position is held in the
case of ex-officio appointments (Senior Pastor).
The Board of Trustees meet at least six times a year. Its function is primarily of governance
and it delegates operational management of the Church to the Senior Pastor. The division of
responsibilities is set out in a Scheme of Delegation.
The Senior Pastor leads the Church with the assistance of a Senior Management Team, which
comprises the chairs of each language ministry group. There are three language ministry
groups- Cantonese, Mandarin and English - and all the regular activities of the Church
(Sunday servI￿s, fellowship groups, etc) are organised under this overarching structure.
1. At the first AGM of the Church, all the first Charity Trustees (but the ex-officio Charity
Trustee, if apFointed) shall retire from office.
2. The members or the Charity Trustees may at any time decide to appoint a new Charity
Trustee, whether in place of a Charity Trustee who has retired or been removed in
accordan￿ with clause 15 (Retirement and Removal of Charity Trustees), or as an
additional Charity Trustee, provided that the limits specified in clause 12(3) on the
number of Charity Trustees would not as a result be exceeded.
3. A person so appointed by the members of the Church or the Charity Trustees shall
retire at the conclusion ofthe AGM next following the date of their appointment.
Elected Charity Trustees
a. At every subsequent AGM of the members of the Church, all Elected Trustees shall
retire from office.
b. The vacancies so arising may be filled by the decision of the members at the AGM", any
vacancies not filled at the AGM may be filled as provided in sub-clause (2) of this
clause.,
c. An Elected Charity Trustee who has served for six consecutive terms may not be
reappointed for a seventh consecuts've term but may be reappointed after an interval of
at least one year.
Ex-officlo Charity Trustee
The Senior Pastor (or, in the case of there being only one Pastor in offi￿, the Pastor) for the
time being shall automatically, by virtue of holding that offi￿, be a Charity Trustee.
Infomiatlon for New Charity Trustses
The Charity Trustees will make available to each new Charity Trustee, on or l￿fore his or her
first appointment:
a. a copy of this constitution and any amendments made to it,. and
b. a copy of the Church's latest trustees, annual report and statement of accounts.

THE MANCHESTER CHINESE CHRISTIAN CHURCH
TRUSTEES, REPORT
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
TH
REFERENCE AND ADMINISTRATIVE DETAILS
Name
The Manchester Chinese Christian Church
Charity
Number
1203911
Address
Office
100 Yarburgh Street
lthalley Range
Manchester
M16 7EH
Trustees
Trustees at the time of signing of the report and trustees during the period
(English Ministry
Elder)
{Mandarin Ministry
Elder)
reasurer)
(English Ministry Lay
Member
Representative)
(Mandarin Ministry
Lay member
Representative)
{Cantonese Ministry
Elder and Chair)
DrYSAng
(Appointed 1° January 2024)
J Chen
(Appointed 1$1 January 20241
{Appointed 10th July 2023)
(Appointed 27th January
2024)
BKYCheng
L Choi-Poon
H Ding
(Appointed 6th January 2024)
DrJLay
(Appointed 10th July 2023)
(Appointed 251h January
20241
(Appointed 1 Oth July 2023)
SJCNgeow
LSQuek
(Secretary)
(Senior Pastor)
(Cantonese Ministry
Lay Member
Representative)
DrKKYau
(Appointed 1st January 2024)
Independent Ying Huang ACCA
Examiner
clo LCVS, 151 Dale Street
Liverpool, L2 2AH
CAF Bank Limited,
Kings Hill, Kent
ME19 4TA
Bankers
Signed on behalf of the Trustees
lo/f12f
Dr James Layy Trustee
Date

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE MANCHESTER CHINESE CHRISTIAN CHURCH
I report on the accounts of the charity for the period 10° July 2023
to 31 $t December 2024 which are set out on pages 8 to 21.
Res
The charity's trustees are responsible for the preparation of the
accounts. The charity's trustees consider that an audit is not
required for this year under section 144 of the Charities Act 2011
(the Charities Act) and that an independent examination is
needed.
It is my responsibility to=
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions
given by the Charity Commission (under section 145{5){b) of
the Charities Act, and
to state whether particular matters have come to my attention.
onsibilities of
trustees and examiner
Basis of inde
endent
examiners statement
My examination was carried out in accordance with 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 the trustees
concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and
consequenlly no opinion is given as to whether the accounts
Present a 'true and fair, view and the report is limited to those
matters set out in the ststement below.
endentexaminer's In connection with my examination, no matter has come to my
statement
attention=
(1) which gives me reasonable cause to believe that in any
material respect the requirements..
to keep accounting records in accordance with section
130 of the Charities Act.,
to prepare accounts which accord with the accounting
records and comply with the accounting requirements of
the Charities Act
have not been met., or
{2) to which, in my opinion, attention should be drawn in order to
enable a proper understanding of the accounts to be reached.
Name:
Mrs Ylng Huang
Relevant professional qualification or bc(Jy'. ACCA
Address.. c/0 LCVS 151 Dale Street. L2 2AH

THE MANCHESTER CHINESE CHRISTIAN CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
Notes Unrestricted
Funds
10th Jul 2023
To
31st Dec 2024
Restricted
Funds
10th Jul 2023
To
31st Dec 2024
Total
Funds
10th Jul 2023
To
31st Dec 2024
Income and Endowments:
Donations and Legacies
Charitable Activits'es
Investments
2a
2b
2c
604.930
611
12,433
41,417
646,347
611
28,411
15,978
Totsl income
617,974
57.395
675,369
Expenditure on:
533,133
24,132
557,265
Total expendlture
533,133
24,132
557,265
Net income
84,841
33,263
118,104
Transfer of assets from charity
number 500562
1,780,151
633,040
2,413,191
Net movement In funds
1,864,992
666,303
2,531,295
Total funds brought forward
9,10
Totsl funds carried forward
8-10
1,864,992
666,303
2,531.295
The notes on pages 11 to 21 form part of these accounts.

THE MANCHESTER CHINESE CHRISTIAN CHURCH
BALANCE SHEET AS AT 31" DECEMBER 2024
Notes
31st December 2024
Fixed assets
Tangible fixed assets
Right of use lease
385,278
712,789
1,098,067
Current assets
Debtors
Cash at bank and in hand
67,924
1,376,032
1,443,956
Current liabilities
Creditors= amounts falling
due within one period
(10,728)
Net current assets
1,433,228
Total assets less current liabilitFes
2,531,295
Funds:
Unrestricted funds
Restricted funds
1,864,992
666,303
8,10
2,531,295
Approved by Trustees on ........................
Dr James Lay, Trustee
Ka yan Cheng, Trustee

THE MANCHESTER CHINESE CHRISTIAN CHURCH
TH
STATEMENT OF CASH FLOWS FOR THE PERIOD 10 JULY 23 TO 31ST DECEMBER 24
Notes
318t December 2024
Cash flows from
operatlng activities
Cash {used)Igenerated from
operations
15
2,497,599
Investing activities
Transfer of tangible assets
from charity number 500562
Transfer of Right of use
lease from charity number
500562
Investment income
(395,870)
(725,697)
Net cash generated from
financing activities
{1,121,567)
Net increase in cash and
cash equivalents
1,376,032
Cash and cash equivalents
at beginning of year
Cash and cash
equivalents at end of year
1,376,032
Represented by:
31st December 2024
Cash at bank and in hand
1,376,032
io

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD FROM 10TH JULY 2023 TO 31 DECEMBER 2024
ST
1. Accounting Policies
Basis of Accounting
The accounts have been prepared under the historical cost convention with items
recognised at cost or transaction value unless otherwise ststed in the relevant note(s) to
these accounts. The financial statements have been prepared in accordan￿ with the
Statement of Recommended Practi￿.. Accounting and Reporting by Charities preparing
their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS102) (SORP 2015) and the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland {FRS102) (effective 1 St January
2015) and Charities Act 2011.
The accounts are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The Charitable Incorporated Organisation has taken advantage of the provisions in Ihe
SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash
Flows.
Going concem
At the time of approving the accounts, the Trustees have a reasonable expectation that the
Charitable Incorporated Organisation has adequate reserves to continue in operats'onal
existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern
basis of accounting in preparing the accounts.
Fund accounting
Unrestricted funds are the charitsble Incorporated Organisation's free reserves available for
the Trustees to apply in accordan￿ with the charitable objects.
Restricted funds are subject to specific restrictive conditions imposed by the donor. All
restricted funds are accounted for as restricted income and expenditure for the purposes is
charged to the fund.
Income recognition
All income is recognised On￿ the Charitable Incorporated Organisation has entitlement to
the income, there is sufficient certainty of receipt and so it is probable that the income will be
received, and the amount of income receivable can be measured reliably.
Income from charitable activities is recognised on an accrual's basis except for grants
receivable, which are recognised on the date on which their unconditional payment is
confirmed by the donor.
Income from investment relates to bank interest received and is recognised when the
amount is certain. Income re￿iVed on funds for a specific purpose is allocated to that fund
were material.
Other Income relates to rental income and gains on disposal of tangible asset and is
recognised when the amount is ￿rtaIn.

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
TH
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
Fixed Assets
Capital expenditure of £500 and over is stated in the balance sheet at cost or revaluation
less accumulated depreciation. Depreciation is provided to write off the cost of eath asset
over its expected useful life as below..
Freehold property and improvements
Leasehold Improvements
Equipment
Motor Vehicles
2.5 % per annum reducing balan￿ basis.
2 % per annum reducing balance basis.
15 % per annum reducing balance basis.
250/0 per annum reducing balance basis.
Over the term of the lease
Right of Use Assets
Expenditure recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing
the Charitable Incorporated Organisation to that expenditure, it is probable that settlement
will be requifed, and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accrual basis. All expenses, including support costs
and governan￿ costs, are allocated or apF)Ortioned to the applicable expenditure headings
in the Statement of Financial Activities. Support and governance costs are applied to
unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Expenditure on charitable activities relates to the operation of the charity comprising of
direct charitable expenditure to meet the objectives of the Charitsble Incorporated
Organisation.
Support and governance costs relate to the management and operation of the organisation
and also compliance with constitutional and statutory requirements in producing the annual
report. These are dealt with in the Statement of Financial Activities when payment has been
approved by the charity.
Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks, other
short-term liquid investments with original maturities of three months or less, and bank
overdrafts.
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments,
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial
instruments.
Financial instruments are recognised in the charity's balance sheet when the charity
becomes paty to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enforceable right to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balan￿s, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction,
12-

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
TH
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
where the transaction is measured at the present value of the future receipts discounted at a
market rate of interest. Financial assets dassified as re￿1vable within one period are not
amortised.
Basic financial Ilabilltles
Basic financial liabilities, including creditors and bank loans are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt
instrument Is measured at the present value of the ￿tUre receipts discounted at a market
rate of interest. Financial liabilities classified as payable within one period are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest
rate method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are
discharged or cancelled.
Critlcal accountlng estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make
jLSdgements, estimates and assumptions about the carrying amount of assets and liabilities
that are not readily apparent from other SoUr￿s. The estimates and associated
assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where
the revision affects only that period, or in the period of the revision and future periods where
the revision affects both current and future periods.
All expenditure is accounted for on an accrual basis. All expenses, including support costs
and governan￿ costs, are allocated or apportioned to the applicable expenditure headings
in the Statement of Financial Activities. Support and governan￿ costs are applied to
unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Cost of charitable activities relates to the operation of the charity comprising of direct
charitable expenditure to meet the objectives of the charity. Support and govemance costs
relate to the management and operation of the organisation and also Complian￿ with
constitutional and statutory requirements in producing the annual report. These are deaSt
with in the Statement of Financial Activities when payment has been approved by the charity
Taxation
Income and gains are exempt from taxation as they are received and applied for charitable
purposes only. The Charitable Incorporated Organisation benefits from various exemptions
from taxation afforded by tax legislation and is not liable to corporation tax on income or
gains falling within those exemptions. The Charitable Incorporated Organisation is not able
to recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT.
13

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD FROM 10TH JULY 2023 TO 31 DECEMBER 2024
ST
2. Income and endowments from:
Unrestricted
Funds
10th Jul 2023 to
31st Dee 2024
Restricted
Funds
10th Jul 2023 to
31st Dec 2024
Total
Funds
10th Jul 2023 to
31st De¢ 2024
a. Donations and Legacies
Building Fund
Compassion Fund
Donations
Gift Aid
Mission Fund
Special Offerings
Sunday School
13,722
930
29,700
930
477,183
63778
26,765
7,318
40,673
493,161
63,778
26,765
7,318
40,673
604.930
41,417
646,347
b. Charitable actlvlties
Activities income
Youth income
606
606
611
Investments
Bank interest
12,433
15,978
28,411
3. Expenditure on Charitable activities
D1￿ct Support &
Charitable Governance
Expenditure
Costs
Total
10th Jul
2023 to
31st Dec 2024
To advance the Christian
religion of the Chinese ra￿ in
Manchester and the
surrounding area
452,720
104,545
557,265
14

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
TH
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
a. analysed as follows..
10th Jul 2023 to
31st De¢ 2024
Direct charrtable expenditu￿..
Staff salary costs
Pension
Missions outreach
Sunday school
Worship costs
Congregation expenditure
Compassions expenditure
Youth expenditure
Activities costs
Venue hire
Rent
Equipment
Donations and gifts
314,275
3,524
25,681
11,282
77
5,755
1,120
638
156
64,227
11,207
2,117
12,661
482,720
Support & governan￿ costs."
Staff salary costs
Pension
Travel expenses
Office costs
Premises Costs
Subscriptions
Insuran
Computer support
Sundry expenses
Motor expenses
Bank charges
Right of use interest
HR support
Pension charges
Legal fees
Payroll fees
Accountancy
Right of use depreciation
Depreciation
16,541
571
10,875
2,413
35,619
610
1,877
1,682
976
3,396
246
1,855
70
1,163
1.346
1,805
12,908
10,592
104,545
Total èxpenditure on charitable
activities
557,265
£24,132 of the above expenditure is restricted expenditure
15

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD FROM 10" JULY 2023 TO 31" DECEMBER 2024
b. Staff Costs
10th Jul 2023 to
31st Dec 2024
Gross wages and salaries
Social security costs
Pension
310,616
20,200
4,095
334,911
The ab)ve staff costs figure includes remuneration of Trustees totalling £54,590 who are
pastors; this remuneration is not for serving as Trustees.
c. Partlculars of employees:
The average number of employees during the period 14 and calculated on the basis of full-
time equivalents, was as follows=
11Xh Jul 2023 10
31st Dec 2024
Pastors
Other ministers and admins
12
No out-of-pocket expenses were reimbursed to Trustees in the period
16

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
TH
ST
FOR THE PERIOD FROM 10 JULY 2023 TO 31 DECEMBER 2024
4. Tangible fixed assets
Freehold
Leasehold Equipment
Property and Improvements
Improvements
Motor
Vehicles
Total
Cost
Balance al 10 July
23
Additions in the period
341,670
48,162
4,226
1,812
395,870
Balanc6 at 31st
December 24
341,670
48,162
4,226
1.812
395,870
Depreciation".
Balance at 101* July
23
Charge for the period
8,542
963
634
453
10,592
Balan￿ at 31
December 24
8,542
963
634
453
10,592
Net Book Value:
Balanc@ at 31°
December 2024
333,128
47,199
3,592
1,359
385,278
All fixed assets have been transferred from the charity number 500562 as the Net Book
Value.
5. Right of use assets
Leases
Total
Cost:
Balance at 1 Oth July 2023
Addff(ions in the period
725,697
725,697
Balance at 31st December 2024
725,697
725,697
Depreclatlon:
Balan￿ at 10th July 2023
Charge for the period
12,908
12,908
Balan￿ at 31st December 2024
12,908
12,908
Net Book Value at 31
December 2024
712,789
712,789
The Charity has a lease agreement with Manchester City Council dated 1986 for 100
Yarburgh Street, Whalley Range, Manchester, M16 7EH for 99 periods
17

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
TH
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
6. Debtors
31" Dec 2024
Prepayments
Other Debtors
4,146
63,778
67.924
7. Credltors: amounts falling due wlthln one year
31st Dec 2024
A¢¢ruals
Tax and social security
Pension
7,788
1,900
1,040
10,728
8. Analysis of Net Assets between Funds
Tangible
Fixed Rlght of Use
Assets
Perlod end 2024
Net Current
Assets
Total
Unrestricted Funds
General Fund
Designated Funds
(Note 9)
172,379
172,379
594,546 1,692,613
385,278
712,789
385,278
712,789
766,925 1,864,992
Restrlcted Funds
Building Fund
Compassion Fund
Mission Fund
659,853
2,312
4,138
659,853
2,312
4,138
666.303
666,303
Totsls
385,278
712,789
1,433,228 2,531,295
18-

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
TH
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
9. Unrestricted Funds
Movements in the Period
Transfer ReseNes
of
at End
Funds of Period
Reserves at
Beginning
of period
2024
Income Expenditure
Gèneral Fund
569,983
{466,131)
68,527
172,379
Designated
Funds
Tangible
Assets
Building Fund
Reserves
Fund
Right of use
lease
Special
Offerings
Sunday
School
(10,592)
395,870 385,278
(3,420)
399,253 395,833
(-) 190,804
190,804
(12,908) 725,697
712,789
7,318
(3,240)
4,078
40,673
(36,842)
3,831
47,991
(67,002) 1,711,624 1,692,613
617.974
{533,133) 1,780,151 1,864,992
General Fund - This fund is used to finance the charity's general activities and core costs
outlined in the Trustees, Report.
Designated Funds:
Tanglble Assets - reserves applie(J for capital expenditure (net of depreciation, revaluation
surplus and provisions for diminution in value).
Building Fund - Potential purchase of a building in Manchester City Centre in the future
Reserve's fund- A provision for redundancy and three months, running costs.
Transfer of Funds -Designation of funds for the potential purchase of a new building and
the movement of the reserves. Also the transfer of net book value of assets transferred from
charity number 500562
Right of use lease - Introduction of leases as a 'Right of Use, asset and liabilities.
Special offerings - income received for various causes.
Sunday School - designated for Sunday school project
19-

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD FROM 10TH JULY 2023 TO 31 DECEMBER 2024
ST
10. Restricted Funds
Movements in the Period
Reseryes at
Beginning of
perlod
Transfer
Of funds
Reserves
At End
of Period
2024
Income Expendlture
Building Fund
Compassion Fund
Mission Fund
29,700
930
26,765
630,153
2,887
659,853
2,312
4,138
(1,505)
{22,627)
57,395
(24,132)
633,040
666,303
These are monies given to the Charity to be spent at the discretion of the Board of Trustees
for specific charitable purp)ses, as follows..
Building Fund - donations, fund raising, and interest re￿iVed applied for the building of
the church premises in Manchester City Centre.
Compassion Fund - for the relief of povety for the public benefit, by the support of
charities which are helping people in povety throughout the world.
Mission Fund - for the support of our overseas missionaries and other expenses relating to
their mission.
Transfer of Funds
number 500562.
The transfer of net book value of assets transferred from charity
11.Guarantees and Other Financlal Commltments
Financial commitments under non-cancellable operating leases relating leases as follow..
The only financial commitments under non-cancellable finants leases will result in the
payment of a peppercorn of £10,500, being the annual sum due under a 150 years lease
from 5th April 2022 with The Council of Manchester dated 18th De￿mber 2023.
Johnson Fellow for Unit 3b Wing Yip Business Centre, stsrted 28th November 2023 for five
years. This will result in the following financial Commitments..
2024
Land & Building
Due within 1 year
Due in 1 to 2 years
Due in 2 to 5 years
8,016
8,016
16.032
32,064
12. Related Party Transactions
Two trustees are also pastors and received remuneration totalling £54,590
-20-

THE MANCHESTER CHINESE CHRISTIAN CHURCH
NOTES TO THE FINANCIAL STATEMENTS
TH
FOR THE PERIOD FROM 10 JULY 2023 TO 31ST DECEMBER 2024
13. Cash generated from operations
10th Jul 2023 to
31st Dec 2024
Surplus for the period
2,531,295
Adjustments for:
Depreciation
Right of use depreciation
10,592
12,908
Movements in working capital:
(Increase)Idecrease in debtors
Increasel{decrease) in creditors
(67,924)
10,728
Cash generated from operations
2,497.599
21