# East London Alliance Church 东伦敦宣道会 2024 Financial Statement 财务报表
## **2024 FINANCIAL REPORT** 财 务 报 表
## **At A Glance** 概览
## **Receipts** 收⼊
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Donations 奉献收入 £42,261.13
£3,919.6 £3,425.89 £2,885 £3,829.7 £2,501.06 £3,699.31 £3,581.09 £3,419.17 £4,428.18
Interest received 利息收入
Proceeds from Summer Bible School 暑期圣经班收入暑期圣经班收入
Proceeds from Retreat Camp 生活营收入
Bank compensation 银行赔款
Proceeds from Bible selling 售卖圣经收入 £97,926.62 £85,000.00
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Proceeds from Summer Bible School 暑期圣经班收入暑期圣经班收入
0 10000 20000 30000 40000 50000
£
## **Payments** ⽀出
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Chinese Alliance Churches Union (UK) 英国华人宣道联会
5.6%
Stationery 文具 Sermon Speakers fess Chinese Christian Mission 讲员 中信国际差会 费
2.7% 3.5% 1.9%
Gasoline 汽油费
Sunday School 主⽇学
3%
3.5%
Donation to DMC 西人教会捐款
19.2%
Retreat Camp 生活营
27.2%
Hong Kong Alliance Mission 香港宣道差会
12.8%
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**EAST LONDON ALLIANCE CHURCH** 东伦敦宣道会
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**2024 FINANCIAL REPORT** 财 务 报 表
## **At A Glance** 概览
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£ Donations 奉献收⼊
5000
4000
3000
2000
£3.,869.89 £3,731.53 £2,970.71 £3,919.6 £3,425.89 £2,885 £3,829.7 £2,501.06 £3,699.31 £3,581.09 £3,419.17 £4,428.18
1000
0
£97,926.62 £85,000.00
一月 二月 三月 四月 五月 六月 七月 八月 九月 十月 十一月 十二月
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Nov Dec
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**Bank account balances as at 31 Dec 2024** 截⾄ **2024** 年 **12** ⽉ **31** ⽇的银⾏账⼾余额
> £ 100000
80000
60000
£97,926.62 £85,771.78
40000
20000
0
HSBC Redwood Bank
**EAST LONDON ALLIANCE CHURCH** 东伦敦宣道会
Page 2
## **2024 Statement of Receipts & Payments** 收⽀报告
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For the period Jan 1, 2024 to Dec 31, 2024
2024 年 1 ⽉ 1 ⽇⾄ 12 ⽉ 31 ⽇期间
Receipts 收⼊ £
Donations 奉献收⼊ 42,261.13
Interest received 利息收⼊ 3,947.91
Proceeds from Summer Bible School 暑期圣经班收⼊ 280.00
Proceeds from Retreat Camp ⽣活营收⼊ 2,669.27
Bank compensation 银⾏赔款 20.00
Proceeds from selling bible 售卖圣经收⼊ 20.00
Total Receipts 总收⼊ 49,198.31
Payments ⽀出
Direct expenditure 直接⽀出 (note 1 注 1) 9,986.29
⼀
General & administrative expenditure 般及⾏政⽀出
5,088.73
(note 2 注 2)
Project expenses 项⽬⽀出 (note 3 注 3) 581.47
Total Payments 总⽀出 15,656.49
Net Cash Surplus 净现⾦盈余 33,541.82
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##
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## **2024 Statement of Assets & Liabilities** 资产负债表
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As at Dec 31, 2024
截⾄ 2024 年 12 ⽉ 31 ⽇
Assets 资产 £
Bank balance at HSBC
97,926.62
汇丰银⾏⼾⼝结余
Bank balance at Redwood Bank
85,771.78
Redwood Bank 银⾏⼾⼝结余
Total assets 总资产 183,698.40
Liabilities 负债
Creditors 债权⼈ -
Total assets less total liabilities 总资产减去总负债 183,698.40
Funds 基⾦
General funds ⼀般基⾦ 183,698.40
Fund Balances 总基⾦ 183,698.40
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##
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## **Note**
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Note 1 注 1
£
Direct expenditure 直接⽀出
Mission expenses - Chinese Christian Herald Crusades
300.00
基督教⻆声布道团
Misson expenses - Fujian Meeting 福建⼈事⼯研讨会 119.00
Mission expenses - The Christian Centre for Gambling
350.00
Rehabilitation 英国福⾳戒毒中⼼
Mission expenses - Hong Kong Alliance Mission
2000.00
⾹港宣道差会 (Note 4 注 4 ）
Mission expenses - Chinese Alliance Churches Union (UK)
884.00
英国华⼈宣道联会
Mission expenses - Conference of Chinese Alliance World
428.42
Fellowship 世界华⼈宣道会团契会议
Sermon speakers fees 讲员费 550.00
Sunday School 主⽇学 547.22
Summer Bible School 暑期圣经班 249.01
Donations - Chinese Christian Mission 中信国际差会 300.00
Retreat Camp ⽣活营 4,258.64
Total direct expenditure 总直接⽀出 9,986.29
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##
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## **Note**
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Note 2 注 2
General & administrative expenditure £
⼀
般及⾏政⽀出
Travel & Subsistence 差旅与膳宿费⽤ 64.60
DBS 良⺠证 14.50
Donation to DMC 西⼈教会捐款 3000.00
Gasoline 汽油费 477.19
Telephone 电话费 96.00
Stationery ⽂具⽤品 428.68
Refreshment 茶点 122.35
Subscriptions 会员订购费 51.46
Bank charges 银⾏⼿续费 228.71
Business insurance 商业保险 210.47
Website & software costs ⽹站软件费⽤ 301.99
Sundry expenses 杂项⽀出 20.78
Kew Garden membership fees 会员费 72.00
Total general & administrative expenditure
⼀ 5,088.73
般及⾏政⽀出总额
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##
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## **Note**
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Note 3 注 3
£
Project expenses 项⽬费⽤
Christmas party 圣诞节庆祝 422.33
Lunar new year party 农历新年庆祝 97.39
Church anniversary celebration 教会堂庆 61.75
Total project expenses 总项⽬费⽤ 581.47
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##
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## **Note**
## **Note 4** 注 **4 Mission expenses - Hong Kong Alliance Mission** ⾹港宣道差会
During the year, ELAC made a donation of £2,000 to Hong Kong Alliance Mission (HKAM) in support of their ministry work in the United Kingdom.
As HKAM does not maintain a UK bank account, and to avoid international transfer charges, the donation was made, by prior agreement between HKAM and ELAC, into the personal bank account of Revd Pang, who is involved with HKAM's work in the UK and also serves as trustee of ELAC.
The arrangement was formally approved through the budgeting process and minuted at the AGM.
##
An official receipt for the donation was issued by HKAM.
The Trustee Board was satisfied that this payment did not constitute a personal benefit to Revd Pang, and that the donation was made for charitable purposes as intended. However, the Trustee Board has acknowledged that the use of a trustee's personal account did not reflect best practice. The Board therefore agreed that future international donations would be made through official organisational accounts where possible.
在本年度，东伦敦宣道会（东宣）向⾹港宣道差会（差会）捐赠了 £2,000 ，以⽀持其在 英国的事⼯。
由于差会没有英国银⾏账⼾，并为避免国际汇款⼿续费，经差会与东宣双⽅事先协商，同 意将款项汇⼊彭牧师的个⼈银⾏账⼾。彭牧师参与差会在英国的事⼯，同时也是东宣的受 托⼈。
此安排已在预算制定过程中正式通过，并于年度会员⼤会中记录在案。
差会就该笔捐款开具了正式收据。
执事会确认，此付款不构成对彭牧师的个⼈利益，并确认为出于慈善⽤途。然⽽，执事会 亦承认使⽤受托⼈个⼈账⼾并⾮最佳做法。因此，执事会同意，未来如有国际捐赠，将尽 可能通过机构的正式账⼾进⾏。
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## **EAST LONDON ALLIANCE CHURCH**
## **INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024**
I report on the financial statements of East London Alliance Church for the year ended 31 December 2024.
## **Respective responsibilities of trustees and independent examiner**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”), and to consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by s.28 of the Charities Act 2006, does not apply. It is my responsibility to examine accounts under section 43 of the Act, as amended, to follow procedures specified in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended, whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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**
I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Act.
I have no concerns and 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.
Olaoluwa Baikie 13[h] June 2025 Greenfield Accounting 100 Greenfield Avenue Surbiton KT5 9HS
## **Trustees’ Annual Report for the period**
**From 1[st] January 2024 to 31[st] December 2024**
**Charity name: East London Alliance Church (ELAC)**
**Charity registration number: 1208660**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance the Christian faith in**
**accordance with the Doctrinal**
**Statement primarily but not exclusively**
**in Greater London including through**
**providing services for prayer and**
**worship, pastoral care and outreach**
**work.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**ELAC remains actively engaged in a**
**wide range of spiritual, outreach, and**
**community care activities. Its core**
**ministries include weekly Sunday**
**worship services, Bible study groups,**
**Sunday school, and Baptism**
**ceremonies. In addition, ELAC**
**organizes major outreach events and**
**community support programs such as**
**health talks and children's activities.**
**Strengthening collaboration and**
**fellowship, ELAC partnered with**
**Deptford Methodist Church and hosted**
**a joint Christmas retreat alongside three**
**other Alliance fellowships. It also**
**maintains an active presence on local**
**university campuses, carrying out**
**ministry work at both the University of**
**Greenwich and Goldsmiths, University**
**of London.**
**Further extending its impact, ELAC**
**supported the Chinese Alliance**
**Churches Union (UK)’s church planting**
**project, which aims to serve new**
**immigrants from Hong Kong and China,**
**helping them integrate into the local**
**Christian community and broader**
**society.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**All trustees have read and will have**
**regard to the Charity Commission’s**
**public benefit guidance when carrying**
**out activities when relevant.**|
|---|---|---|
## **Additional information (optional)**
|**Additional information (optional)**|**Additional information (optional)**||
|---|---|---|
|You may choose to include further statements||where relevant about:|
||SORP reference||
|Policy on grant making|Para 1.38|**N/A**|
|Policy on social investment
including program related
investment|Para 1.38|**N/A**|
|Contribution made by
volunteers|Para 1.38|**N/A**|
|Other||**N/A**|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**ELAC strengthens the Christian faith**
**and values of its members through**
**regular Sunday worship and Bible**
**study, fostering stronger community**
**bonds and support. It has built**
**meaningful connections with university**
**students, local residents through joint**
**activities and fellowship.**
**Additionally, by hosting cultural**
**celebrations such as for the Christmas**
**and Lunar New Year, ELAC has**
**promoted inclusion and cultural**
**exchange. These efforts have enhanced**
**the sense of belonging among ethnic**
**minorities and contributed to greater**
**social cohesion within the wider UK**
**community.**|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|**N/A**|
|Performance of fundraising
activities against objectives
set|Para 1.41|**N/A**|
|Investment performance
against objectives|Para 1.41|**N/A**|
|Other||**N/A**|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Financially stable, with sufficient funds**
**to meet current budgeted needs while**
**also setting aside reserves for long-term**
**goals.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**ELAC is maintaining reserves for future**
**needs, with the hope of purchasing its**
**own premises rather than continuing to**
**rent.**
**As the current pastor approaches**
**retirement, ELAC is also preparing**
**financially to appoint a new pastor.**
**In addition, with the continued growth of**
**the church, ELAC aims to employ**
**additional staff, such as a dedicated**
**youth Sunday school teacher, a**
**professional church manager, and an**
**administrative support staff to meet the**
**increasing demands of the ministry.**|
|Amount of reserves held|Para 1.22|**£183,698.40**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
**Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**The majority of the ELAC’s funding**
**comes from the offerings from the**
**congregation.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**|
|A description of the principal
risks facing the charity|Para 1.46|**N/A**|
|Other||**During the year, ELAC made a £2,000**
**donation to Hong Kong Alliance Mission**
**(HKAM) to support ongoing ministry**
**work in the UK.**
**As HKAM does not operate a UK bank**
**account, the donation was transferred,**
**by mutual agreement between HKAM**
**and ELAC, directly to thepersonal**|
**account of a Trustee of ELAC, Revd Pang, who serves with HKAM in the UK. This arrangement was made for administrative convenience and to avoid international transfer fees. HKAM has issued a formal receipt to acknowledge the donation, and the transaction was reviewed and approved through ELAC’s annual budget process and discussed in Trustee Board meetings. The Trustee Board has acknowledged that the said arrangement did not reflect best practice and agreed that, moving forward, all international donations should be routed through organisational accounts, with appropriate documentation. A formal Conflict of Interest Policy is also being implemented.**
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Written Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are selected from within the**
**congregation and are elected by regular**
**members during the Annual General**
**Meeting, typically serving a two-year**
**term.**|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|**N/A**|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**ELAC is overseen by a Trustee Board in**
**accordance with its constitution.**
**Trustees are selected from within the**
**congregation and are elected by regular**
**members during the Annual General**
**Meeting, typically serving a two-year**
**term.**|
|Relationship with any
related parties|Para 1.51|**ELAC is an Associate Member of the**
**Chinese Alliance Churches Union (UK)**
**which offers guidance and support as**
**well opportunities to interact with other**
**congregations within the UK and**
**beyond.**|
|Other||**N/A**|
## **Reference and Administrative details**
|Charity name|East London Alliance Church (ELAC)|
|---|---|
|Other name the charity uses|N/A|
|Registered charity number|1208660|
|Charity’s principal address|No.8, 2nd Floor, 1 Creek Road, London SE8 3BT|
|||
**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|**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**|
|---|---|---|---|---|
||Revd Tai Ming PANG|Minister-in-charge||Congregation at
AGM|
||Dr Tze Hoi KWAN|Leader of Worship
Department||Congregation at
AGM|
||Ms Xiaohang SHE|Deputy Leader of
Administration and
Finance Department||Congregation at
AGM|
||Ms Ming HE|Deputy Leader of
Christian Education
Department|10/03/2024
ongoing|Congregation at
AGM|
||Ms Kam Fung KWOK|Leader of Administration
and Finance Department|10/03/2024
ongoing|Congregation at
AGM|
||Ms Man Hing Jenny
KWOK|Deputy Leader of
Worship Department and
Deputy Leader of
General Affairs|10/03/2024
ongoing|Congregation at
AGM|
||Dr Andrew Sy Jeen
WOON|Leader of Christian
Education Department|10/03/2024
ongoing|Congregation at
AGM|
||Ms Yan ZEN|Leader of General Affairs|10/03/2024
ongoing|Congregation at
AGM|
||||||
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– Corporate trustees names of the directors at the date the report was approved
**Director name N/A**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year N/A Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
## **Funds held as custodian trustees on behalf of others**
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|
|---|---|---|
|**N/A**|||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**N/A**
## **Other optional information**
**N/A**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** Revd Tai Ming PANG **Full name(s)** Yee Na CHAN **Position (eg** Treasurer Minister-in-charge **Secretary, Chair, etc) Date** 8 May 2025