## **Charity Registration No. 1205747 (England and Wales)** ## **NOTTINGHAM CHINESE SCHOOL** **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 JULY 2025** ## **NOTTINGHAM CHINESE SCHOOL CONTENTS** ||**Page**| |---|---| |**Trustees’ Annual Report**|**3 - 4**| |**Independent Examiner’s Report**|**5**| |**Statement of Financial Activities**|**6**| |**Balance Sheet**|**7**| |**Notes to the Financial Statements**|**8 - 12**| ## **NOTTINGHAM CHINESE SCHOOL** ## **TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2025** The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 July 2025. The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1205747 ## **Principal address** Alderman White School Chilwell Lane, Bramcote Nottingham NG9 3DU ## **Trustees of the charity** The trustees who have served during the year and since the year end were as follows: - 1 Dr Xuezhong Sun 2 Dr Li Ming 3 Dr Zhang Jing 4 Dr Xianjing Cui 5 Dr Li Weibin 6 Professor Hao Liu ## **Independent examiner** Muhammad Armughan Ali Khan, ACCA Akhter's Limited Accountants and Business Advisors 64 Castle Boulevard Nottingham NG7 1FN ## **NOTTINGHAM CHINESE SCHOOL** ## **TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2025 (CONTINUED)** ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Object Of The CIO is to Advance Education For The Public Benefit In Chinese Language And Chinese Culture In Nottinghamshire And The Surrounding Areas ## **Public benefit statement** The charity aims to serve the whole community, for the benefit of the public in general, wherever possible. In meeting objectives and formulating future plans the trustees have considered the Charity Commission’s guidance on public benefit. ## **FINANCIAL REVIEW** ## **Reserves Policy** The Statement of Financial Activities shows a net surplus of £2,084 for the year. Total funds stood at £63,028 at 31 July 2025, the funds held at the bank at the balance sheet date are sufficient to cover normal recurring expenditure for the next twelve months. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a constitution, and constitutes an unincorporated charity managed by the management committee of trustees. New trustees are recruited when required, and are advised of their duties and responsibilities as trustees, on appointment. ## **Transactions and financial position** The Statement of Financial Activities shows a net surplus of £2,084 for the year. Total funds stood at £63,028 at 31 July 2025. Approved by order of the Management Committee and signed on its behalf by: Mr. Xianjing Cui Chair Date: 15 May 2026 ## **NOTTINGHAM CHINESE SCHOOL** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025** I report on the accounts of the charity for the year ended 31 July 2024 which are set out on pages 6 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required. It is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - 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 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 matter has come to my 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 2011 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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. Muhammad Armughan Ali Khan, FCCA Akhter's Limited Accountants and Business Advisors 64 Castle Boulevard Nottingham NG7 1FN Date: 15 May 2026 ## **NOTTINGHAM CHINESE SCHOOL** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025** **----- Start of picture text -----**
Unrestricted Restricted Total
Funds Funds
Notes £ £ £
Income and endowments from: 2025
Tuition Fee 2 62,634 - 62,634
Other Income 3 4,473 - 4,473
Total income 67,107 - 67,107
Expenditure on:
Charitable activities 65,023 - 65,023
Other costs - -
-
Total expenditure 65,023 65,023
-
Net (deficit)/surplus 2,084 2,084
Reconciliation of funds:
Total funds brought forward 5 60,944 - 60,944
Total funds carried forward 5 63,028 - 63,028
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The notes on pages 8 to 12 form part of these financial statements ## **NOTTINGHAM CHINESE SCHOOL** ## **BALANCE SHEET AS AT 31 July 2025** **----- Start of picture text -----**
2025 2024
Notes £ £
Fixed assets
- -
Tangible assets
- -
Current assets
Cash at bank 60,897 57,563
Cash in Hand 3,032 4,282
63,928 61,844
Creditors: amounts falling due within one year 4 (900) (900)
Net current assets 63,028 60,944
Total assets less current liabilities 63,028 60,944
Net assets 63,028 60,944
Charity Funds
Unrestricted funds 5 63,028 60,944
Total charity funds 5 63,028 60,944
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The financial statements were approved and authorised for issue by the Management Committee on 22 May 2025 and were signed on its behalf by: Mr. Xianjing Cui Chair The notes on pages 8 to 12 form part of these financial statements. ## **NOTTINGHAM CHINESE SCHOOL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025** - 1 **Summary of significant accounting policies** ## **(a) General information and basis of preparation** Nottingham Chinese School is a charity in England. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities is to Advance Education For The Public Benefit In Chinese Language And Chinese Culture In Nottinghamshire And The Surrounding Areas. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **(b) Funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. The charity does not hold any restricted funds. ## **(c) Income recognition** All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. ## **(d) Expenditure recognition** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings: - Expenditure on charitable activities; and - Other expenditure represents those items not falling into the category above. ## **NOTTINGHAM CHINESE SCHOOL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025** ## **(e) Tax** The charity is exempt from tax on its charitable activities. ## **(f) Going concern** The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. ## **(g) Government grants** Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. ## **NOTTINGHAM CHINESE SCHOOL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025** |**2**
**Income from donations and legacies**
Fee from students and other charities
**3**
**Trustee’s remuneration and benefits**|**2025**
**£**
**67,107**| |---|---| There were no trustees’ expenses paid for the year ended 31 July 2024. ## **NOTTINGHAM CHINESE SCHOOL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025** **----- Start of picture text -----**
4 Creditors: amounts falling due within one year
2025 2024
£ £
- -
Taxation and social security
- -
Wages & Salaries
Other Creditors 900 900
900 900
5 Fund reconciliation
Unrestricted funds
Balance at
Balance at 1
Income Expenditure 31 March
Aug 2024
2025
£ £ £ £
Unrestricted
General funds 60,944 67,107 (65,022) 63,029
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There are no related party transactions during the year ended 31 July 2025. **6 Related party transactions** ## **NOTTINGHAM CHINESE SCHOOL** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2025** **----- Start of picture text -----**
2025 2024
£
INCOME AND ENDOWMENTS
Donations and legacies
Fee from individuals and other charities 67,107 66,207
Total incoming resources 67,107 66,207
EXPENDITURE
Charitable activities
Teacher Fee 43,230 40,155
Rent 8,640 8,640
Office Supplies and Stationery 1,708 1,710
Gifts and Entertainment 1,289 1,719
Text Book 1,659 1,090
Travel Expenses 1,039 1,324
Cleaning Work 1,050 360
Staff Training 831 304
Building Insurance 220 220
Food 876 3,516
-
Legal & Professional 3,096
Bank Charges 60 61
Pay To Students 3,492 2,443
Sundry 30 -
64,123 64,637
OTHER COSTS - -
- -
Governance costs
Accountancy and legal fees 900 900
900 900
Total resources expended 65,023 65,537
NET (DEFICIT)/SURPLUS 2,084 670
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