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2025-07-31-accounts

NEWCASTLE MANDARIN CHINESE SCHOOL

REPORT AND FINANCIAL STATEMENTS For the year ended 31 July 2025

Charity Number 1205464

NEWCASTLE MANDARIN CHINESE SCHOOL

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 July 2025

Contents Page
Trustees annual report 1 to 3
Independent examiners report 4
Statement of Receipts and Payments 5
Statement of Assets and Liabilities 6
Notes to the financial statements 7 to 12

NEWCASTLE MANDARIN CHINESE SCHOOL TRUSTEES ANNUAL REPORT

For the year ended 30 July 2025

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 30 July 2025.

The financial statements comply with the Charities Act 2022, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019)

1. Objectives and Activities

Objective:

To advance the education of the public in the subject of the Mandarin Chinese language and culture.

Main activities for the year

We have provided tuition of mandarin classes for children aged 5 to 16 years old on Saturdays during term time. In addition, we organised and delivered cultural activities to our members, including Chinese New Year gala and art class.

2. Public Benefit Statement

Newcastle Mandarin Chinese School thrive through integrating education and multi-cultural value to our communities.

3. Contribution by Volunteers

Newcastle Mandarin Chinese School relies on generous contribution by volunteers through time and volunteering work.

4. Achievements and Performance

Newcastle Mandarin Chinese School has successfully completed curricula and extra-curriculum activities to over 150 pupils during the academic year 2024-25.

In terms of curricula activities, all pupils have successfully progressed through their studies. In terms of extracurriculum activities, we took part in Reading and Chinese calligraphy competitions organised by UKAPCE and won Best School award. Our pupils won individual awards.

5. Financial review

Review of the year

The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements.

During the year the Charity had income of £40,179 (2024: £13,649) and expenditure of £33,469 (2024: £29,320). There was an operating Surplus of £6,710 (2024: deficit of £15,671).

At 30 July 2025 the Charity had net assets of £33,242 (2024: £26,532).

Reserves policy/Going concern

The Trustees consider the level of reserves, £33,242 (2024: £26,532), prudent for the Charity at this time taking into account potential liabilities in the event that the charity ceased. Our Reserves Policy is reviewed annually.

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NEWCASTLE MANDARIN CHINESE SCHOOL TRUSTEES ANNUAL REPORT

For the year ended 30 July 2025

6. Risk Management

Newcastle Mandarin Chinese School had 1[st] aid training.

7. Plans for future periods

To continue Chinese education and cultural provision to wider communities, embracing inclusivity.

8. Reference and administrative details of the charity, its trustees and advisors

Registered charity name Newcastle Mandarin Chinese School Charity number 1205464 Registered office Ravenswood Primary School Ravenswood Road Newcastle Upon Tyne NE6 5TU T rustees and Members of the Board Lana Y J Liu Julie Li Tang Caren Lim Terry Yapen Li

Chief Executive and Senior staff members Lana Y J Liu Julie Li Tang Caren Lim Terry Yapen Li Independent Examiner Doug Maltman FMAAT Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne. NE1 4BX.

9. Structure, governance and management

Governing Document was established on 27/10/2023.

Recruitment and Appointment of the Board

Committee members who worked at Newcastle Mandarin Chinese School prior to obtaining charitable status resume their roles.

Board Induction and Training

New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:

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NEWCASTLE MANDARIN CHINESE SCHOOL TRUSTEES ANNUAL REPORT

For the year ended 30 July 2025

10. Statement of Trustee Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity SORP requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of incoming resources and application of resources, including the receipts and payments of the charity for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on 20.02.2026 and signed on their behalf by:

Lana Y J Liu Chair

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NEWCASTLE MANDARIN CHINESE SCHOOL

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 July 2025

I report on the financial statements of Newcastle Mandarin Chinese School for the year ended 31 July 2025, which are set out on pages 5 to 12.

Respective responsibilities of trustees and examiner

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 2022 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's 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 consequently 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 statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Doug Maltman FMAAT Fellow Member of the Association of Accountancy Technicians Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 02.03.2026

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NEWCASTLE MANDARIN CHINESE SCHOOL

STATEMENT OF RECEIPTS AND PAYMENT

For the year ended 31 July 2025

----- Start of picture text -----
Unrestricted Restricted Total Total
For the
period
27.10.2023
to
Funds Funds 2025 31.07.2024
£ £ £ £
Receipts from:
Other trading activities 6 39,268 - 39,268 13,396
Investments 7 911 - 911 253
Total receipts 40,179 - 40,179 13,649
Payments on:
Charitable activities
Operation of the charity 8 33,469 - 33,469 29,320
Total payments 33,469 - 33,469 29,320
Reconciliation of funds
Net of receipts/payments 6,710 - 6,710 ( 15,671 )
Exceptional item 5 - - - 42,203
Cash funds brought forward 26,532 - 26,532 -
Cash carried forward 33,242 - 33,242 26,532
Notes
----- End of picture text -----

The Receipts and Payments Statement includes all gains and losses recognised in the year. All receipts and payments derive from continuing activities

The notes on pages 7 to 12 form an integral part of these accounts.

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Charity Number 1205464

NEWCASTLE MANDARIN CHINESE SCHOOL

STATEMENT OF ASSETS AND LIABILITIES

As at 31 July 2025

Unrestricted
Funds
£
Cash funds
Cash at bank and in hand
12
33,242
Liabilities:amounts falling due within
one year
13
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Treasurer
The notes on pages 7 to 12 form an integral part of these accounts.
These financial statements were approved by the Board on:
and are signed on its behalf by:
Yapeng Li
Notes		 Restricted
Funds
£
-
33,242
-
33,242
27.02.2026		 Total
2025
£
33,242
360		 Total
2024
£
26,532
300
26,532
-
26,532

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NEWCASTLE MANDARIN CHINESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 July 2025

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

The accounts have been prepared on the receipts and payments basis. An audit is not required by the charity's constitution and has not been requested by the trustees.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.

Newcastle Mandarin Chinese School meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £33,242 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

3 Receipts

3.1 Recognition of receipts

Receipts are recognised when the charity has received the resources, any performance conditions attached to the item(s) of receipt have been met.

3.2 Offsetting

There has been no offsetting of receipts and payments, unless required or permitted by SORP.

3.3 Grants and donations

Receipts from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has received the funds, any performance conditions attached to the grants have been met.

3.4 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.5 Interest receivable

Interest on funds held on deposit is included when received.

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NEWCASTLE MANDARIN CHINESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 July 2025

3.6 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Payments on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the payment was incurred.

4.5 Liabilities

The charity has liabilities which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

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NEWCASTLE MANDARIN CHINESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 July 2025

Analysis of receipts

5
Exceptional item
6
Other trading activities
Other receipts
7
Receipts from investments
Funds brought forward from period prior to
Charity registration (number 1205464).
Tuition fees
Bank interest		 Unrestricted
Funds
£
-
-
38,988
280
39,268
911
911		 Restricted
Funds
£
-
-
-
-
-
-
-		 Total
2025
£
-
-
38,988
280
39,268
911
911		 Total
For the
period
27.10.2023
to
31.07.2024
£
42,203
42,203
13,396
-
13,396
253
253

Receipts were £40,179 (For the period 27.10.2023 to 31.07.2024: £13,649) of which £40,179 was unrestricted or designated (For the period 27.10.2023 to 31.07.2024: £13,649) and £0 was restricted (For the period 27.10.2023 to 31.07.2024: £0)

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NEWCASTLE MANDARIN CHINESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 July 2025

Analysis of payments on charitable activities

8 Charitable activities
Direct costs
Support costs
Governance costs
Caretaker
Internet
Training
Travel and accommodation
DBS
Other payments
Independent examiner's fees for reporting on
the accounts
Charity registration
Teaching fees
Events
School equipment
Office consumables
Ravenswood rent
Insurance		 Unrestricted
Funds
£
22,065
2,225
977
1,440
151
-
-
43
5,400
330
252
286
300
-
33,469		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
2025
£
22,065
2,225
977
1,440
151
-
-
43
5,400
330
252
286
300
-
33,469		 Total
For the
period
27.10.2023
to
31.07.2024
£
21,583
1,722
1,941
1,378
114
243
276
222
-
-
-
641
300
900
29,320

Payments on charitable activities were £33,469 (For the period 27.10.2023 to 31.07.2024: £29,320) of which £33,469 was unrestricted or designated (For the period 27.10.2023 to 31.07.2024: £29,320) and £0 was restricted (For the period 27.10.2023 to 31.07.2024: £0)

9 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts 2025
£
300
300		 For the
period
27.10.2023
to
31.07.2024
£
300
300

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NEWCASTLE MANDARIN CHINESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 July 2025

10 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

11 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

12 Cash at bank and in hand

Current acccount
Short term deposits
Short term deposits 32 days notice
Liabilities (payable within 1 year)
Independent examination of accounts		 2025
£
193
5,239
27,810
33,242
2025
£
360
360		 For the
period
27.10.2023
to
31.07.2024
£
294
11,193
15,045
26,532
For the
period
27.10.2023
to
31.07.2024
£
300
300

13 Liabilities (payable within 1 year)

14 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

11

NEWCASTLE MANDARIN CHINESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 July 2025

15 Analysis of charitable funds

Analysis of movements in unrestricted funds

Unrestricted funds
General unrestricted fund
Totals
Purpose of unrestricted funds
General unrestricted fund		 Fund
balances
brought
Incoming
Resources
forward
resources
expended
£
£
£
26,532
40,179
( 33,469 )
26,532
40,179
( 33,469 )
The 'free reserves' of the charity		 Transfers
£
-
-		 Fund
balances
carried
forward
£
33,242
33,242

16 Capital commitments

As at 31 July 2025, the charity had no capital commitments (For the period 27.10.2023 to 31.07.2024 -£nil)

12