Charlty reglstration number 287813 Company reglstrallon number 01720498 (England and Wales) CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI LEGAL AND ADMINISTRATIVE INFORMATION Tru$tee$ MTS P Hayw8rd Ms M L Chéng MIHHWU Mr H Salah MTCYI 4¥TVLe Secretsry M¥ASLChau Charlty number 287813 Company number 01720498 Registered office and principal address 680 Cotnmerical Road London E14 7HA Independent examiner Goh Yong Chong Silver Levene (UK) Limited Chartered Certified Aceounlanls 37 Warrèn Street London wtT6AD Bankers Barclays Bank PLC Canary Wharf Branch 2 Churchill Pla London E14 5RB.
CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI CONTENTS Page Trustees, report Independent examinerfs report 12 Statement of financial 8Ctivilies 13 Balance sheet 14 Notes lo the finanogl ststements t5-24
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 MARCH 2022 The trustees present their annual report and financial statemenls for the year ended 31 March 2022. The financial statements have been prepared in aceordancè with the accounting policies set out in note 1 to Ihe fin8n¢ial slalemenls and ¢omply with the Chinese Association of Tower Hamlels's memorandum and articles ol associaliork, the Cornpanies Act 2006 and "Accounting 8nd Reporting by Charities." Slalement of Recommended Practice applicable lo charities preparirsg their accounts in accordance with the Financial Reporting Sl8ndard applicable in the UK and Republic of Iieland {FRS 1021" leffeclive 1 January 2L1191. PURPOSE, VISION AND OBJECTIVES The charily's purpose as sel Dul in our constitution is to provide a comprehensive range of sèrvicès Iwell8re, community care, educational, leisure & recreational and personal development) lor the ChineseNielnarnese Community in and around the London Borough of Tower Hamlets through a supportive environment and a Commitment to promole user involvement. Our vision is lo ensure that (he people we serve live in a sensitive and oompassionalE environment, have access 10 setvice5 that rneel their physical, material and emotional needs. also, they are able to leach the quality ol life lo which every individual aspires. The organisalioTh's ethos is one Df empowemient and enablement. We are driven by otsr rnission to @nable people to be the archiled of their own lives and be treated with dignity and respect al all limes. Our focus is lo work with and for Ihose living with physical, sensory or mental impairmenl and in social isolation, including Ih05e wilh serious and enduring mental health difficulties or dementia, language barriers. or a care.r iole. The objects forwhich the Assoeiation is established are-. To hèlp dis8dv8nt8ged pèrsons ol Chinese origin who live, work or study in and around London Borough of Tower Hamlets Ihereinafter c811ed 'ihe aiea of benefll.) by the establlshmenl and maintenance of an information and advice oenlre and an Opportunily Cenlre. To promote the welfare of Chinese eldelly and disabled people which now or heieaftei may b8 deemed by w to be charitable wthin the said a¥ea of benefit. To provide opportunitses and facAlities lor the so31, educational, cultural and physical development of young Chinese people of the said area of bènefit. In this Memorandum of Assoctation 'young Chinese people mBans people belween the ages of 8 and 25 years. PRINCIPAL ACTIVITIES The Chinese Association of Tower Hamle15 is a charitable company limbled by guarantee 8nd Is governed by a memorandum and articles of association. The principal activities ol the Association are the provision of seryice5 to Chinese and Vietnamese community in the London Borough of Tower Hamlets through project based progratnrnes providiiig specific seNices to meet Ihe needs ol ils user groups. We are a local organisation (hat understands the needs and aspirations of local Chinese and Vietnamese people. Every year we support hundieds of older people of Chinese origin lo live life lo the full, maintaining control and independence. The org2nisalion's ethos is one of èmpowering and enabling people. The Statement ol Financial Aetivilies for the year is sel out on pages 13 to 24 of the financial statements. HOIQJE CARE SERVICE The Chinese Assouation ol Tower Hamlets Hotne Care sewice provides high quality. responsive care and support to help our elients remain independent in their own homes for longer. We provide help with rersonal care, housekéèping, shopping, meal preparation, tornpanionship and hDme-based respite serwces. Over the past 12 months, we have prowded 15,770 hours of Home Care for our clients across London.
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEE> TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 As a regltÈd Home Care Provider, we are subject (o inspection by the Carè Quality Commission. As a non- commissioned providèrwe are also subject lo inspection by Tower Harnlels in line with the Tendering Specifications. We routinely undertake staff &nd Servi user satisfaction survey and we ensure leaming 15 shared from all compliments, complaints 3CGidenlslincidents and safèguarding concerns. Al oui last Inspeolion wè were judged "Good CQC are not roulineEy inspecting sèrvices during the COVID-19 pandemic bul have maintained contact with provideis through existing monitoring arrangements and engagement and calls covering four assessment areas.. Safe Care and Trèatment Staffing arrangements Protection from Abuse Assur8nce Processes, hAoniloring and Risk Management In September 2021 CQC confirmed that they assessed that we were managing the impact of Ihe COVID-19 pandemic. Sel against the backdrop of an unprecedented global pandemic, as well ss Brexit, this year has been challenging for us and the social care sector in generzl 105 well as many Dlhersl. Dèspite this, we have responded professionally and competently, successfu15y deciphered the plethora of regu18rly updaled and somelimes conflicting best practice, iegulalion, and general advice, and implèmented sound infection conliol processes and PPE, to keep Ihe vulnerable people we support, and our staff, safe. Likewise, we have ensured that despile some of the financial pressures, we have sought to do everything possible lo keep Ihe Charity on a sliong financial footing, including obtaining and making good usé of Ihe Covid-relaled support grants that were available from Central Government and Local Authorities. Our staff have been tremendou8, they have put service users first, they hav8 managed their owri an]aelies and provided care and support al home for peoplé who tested positive lor COVID-19. They have taken on additional shifts, cancelled leave and responded so positively to ensure that no calls were missed. Over 80°A of staff live in our local community and whilst this is one of our slrenglhs. il tested our resiliernce when local transmission rates were high. Staff across the orgsnisation have iesponded positively to both the weekly lesling regime introduced in December 2020 and the rollout of the COVID-19 vaccination from January 2021. During the pandemic, with the aid of technology, Home Care Admin staff were able lo prirnaiily work from homè, with some visits to offices and schemes when required. This worked well on the whole. wilh OlIne Microsoft Tèams or Zoom meetings, and office land lines re-dirècted to individuals. mobiles. A hybrid model incorporating part home and part 01ft wotking is likely in future. Recruitment of Care Suppotl Workers will remain a challenging trend for this service as many care workers will seek other employment opportunities in allèmalive sectors with high8r pay dLse lo the costs of living crisis. However, we arè commilled lo conlinuing professional development and have a comprehensive training prograEnme supporting employees and volunteers meet the required standards to ensure a high-qualily, perstsn-cenlred Selee that meets the needs and aspirations of our service users. At the time of willing this anttual report, we have started 8 15 weeks, lailoied fflade Health and Sopial Care training programme ijesigned for th8 BNO Hongkongers. Below are some of the fèedbacks we reiVed from our mosl recent qualily monitoring survey.. - 'rhé team at CA TH has empathy and Ihe ability to put Ihen7381vas in the shoes ofthe peopl& they carE for. Communication with them is good85 WBII AS providing cover forcarer h()Iays., Always polite and lIable. 'Th6 team do well on 811 lèsk as expect8d.'
CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 estud 1 Mr. X is a 93 y8ar-old gentleman who lost his wife 3 years ago. Since then, hi5 health 5tarteil deteriorating. He CUTrently lives wilh his daughter. who is hi8 full-lime carer. Mr. X had a fall before Christmas last year, hig condition deteriorated rapidly ever since. Hé was in and oul of hospital a few times, filled a catheter due lo difficully in passing urine on his own, he was not able lo carry out most of the personal care tasks. He was very weak and Irail, appelile changed, not able lo eat as much. mobilily changed as he Could no knngeT walk freely, he rnust use walking atds including Zimmer frame and wheelchair. It was a very stressful lime for his family, as everything changed wilhln a space of a few weeks. He was so weak that ha wasn't able to leave the hoLJse lor any appoinlmenls, his family just didn't know what lo do. CATH advised his family to contact the GP. pèrhsps lo181 the surgery know that he is housebound, so the GP can arrange horve visits instead. Hi5 family coTrlacted Ihe GP immediately, since then, district nurses had been going lo do blood tests and administer the quarterly proslale injection for his cancer. He thèn had a problem with his UTine after a month of fitted in th8 calheler, the urine was so cloudy and slighlty discolouredl The family is not sure if he had an infection too. Hi8 next of kin tried to speak with the district nurse on the phone but they lold her they will not visit until the cath8tei is due lo be changed, and that was 2 months awayl The family then asked CATH for advocaoy support. because they simply found il difficult and stressful lo help Mr. X with advocacy. CATH look this on. dislrSd nurses were conlacled and visited Mr. X the following day. Th81's when the 0i81ricl Nurse realised he needs a regulai calheler and bladder flushing. It was arranged lo be done weekly, bul family needs to order the pioduds such as calheler. leg bags. night bags and irrigation solutions. This task is done by CATH. Mr. X's health conditions were up and down over time, he gels uiine infection very easily ijue lo the cathèter. He becarne very sick around May 2022. with a high t8mperalure, very high blood pressure and wheezing heavlly. The districl nurse happened lo visit that day to flush out the calheler, she had to call the ambulance right away. He was taken to A&E very quickly. and that is when the doctor found out Mr. X has heart failu1 Treatment slarted immedialely. The doctors also reviewed his COPD, changed his inhaler and also gave him the salbulamd inhalers with spacer to use when he is wheezirhg. His medications increased from 2 tablets a day lo over 6 t8EAels, 3 limes a day. It was gètting confkjsing for his daughter. so CATH requested blister pack5 for Mr. X lo avoid lurther confusions. r. X's daughlei becatne very stressed out. depressed and had a few n8tvous break downs. Adult socAal setvices conl8cled the family, due lo language barrier and not ablè to èxpress ex3clly what they want and need. Wendy spok8 to his NOK and daughter to find out what is required, 8nd she was present at the meeting with thè socÉal worker. A care package consisis ol personal caie, rArei's relief and a¢sS to the community was grantèd to Mr. X, which started in August 2022. Mr. X's daughters felt such 3 relièvè Ih2t CATH has taken on the care package as bolh Mr. X and his main carei cannot communica19 in English. Plus due lo the poor experien they had with an English speaking care agency when Mr. X's late wife needed the semce before she passed away, the family is even mole reluclanl lo use an English speaking care agency againl They menlioned about cultLJral différences, language barrier and carers poured urine on the kitchen sinkl11 was so stressful for the family. Mr. X expressed he is so happy lo seè c3rÈrs Irom CATH going lo visit him everyday. have a good laugh with them. Mr. X's main carer also feels much more relieved since the care package started. They bolh mentioned what a huge diflerence and positive impaol CATH and the care workers have made for Mr. X and his family.
CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2022 Ca NCC is a gentleman in his 70,5 frorn Vietnam, he was diagnosed with Polio disease al a very young age and duè lo this horrible disease, he is wheelchaii bound, his lower limbs are severely twisted along with his spinal cord. NCC was brought over from Vietnam lo the UK by thÈ British Rèd Cross lo live and be closer to his family in Ihe UK. However, after a slroke the family could no longer support NCC living with them due l(> his daily caring needs. One sÈde of his uppèr limbs was paralysed further lo the stroke and his olhei limb has very limited movement. NCC moved into supportedl èxtra care housing in Tower Hamlets. While liv¢ng in supported housing. they could not meet all NCC needs so a package ol care started for advocacy with CATH domiciliary care setvice, the care package w85 for a total of I hour per week. However further lo a v¢sil fiom our welfare advi50r and a meeting with NCC himself in order to lind out more about him, his daily life atKI needs, the findÈngs were NCC felt really lonely and isolated all he could look fonward to was to have a conversation in a sound language he was able to understand with our support worker once a week, when service8 Wa were being provided lo him, his relationship wilh his brolhei has it's up and downs and sometimes NCC'S ljrolher would not visit for weeks. NCC expressed he was not 8ble lo Cook proper meals and was only consuming Chinese pol noodles or plain boil rice which was cooked in the rice cooker rnixed with cheese and onion crisps 2s his lunch and dinnèr, his only option lor 7 days a week. NCC also expressed he feels like a prisoner stuck within the 4 walls ol his horne with no lriends, nothing lo do or look fonmard loo due lo his langu2ge bariier and mobility. CATH arranged for an urgent review to take pla for NCC with Tower Hamlets Adult Soci81 C8re department and CATH acted as the independent advoe2te for NCC. CATH provided him wilh up-to-dale information and his righ15 within tlie Care Aol for him lo m8kÈ a moré informed choice re9arding his care needs and care package. Further lo the urgent review a new package of care was comtnissioned by his IDcal 3ulhorily which included bulk cooking. shopping. access to the community, lolalling 10.75 hours of per week. Further lo Ihe care package increase NCC was able to attend our over 50's lutTrchèon club weekly with a care worker escorting him, which meant he was abte lo have a freshly cooked homemade culluially 8ppropriale meal once a week, while atlÈnding our luncheon club NCC was meeting and making Iriends in a sound language he wa5 able lo understand, socialisÈ have a chinwag with his peer group. This also led lo him making friends and he went out into the community socialising with the friends he had made within our luncheon dub. Our care workers are also supporting NCC with his shopping and bulk Cook cuhurally appropiiate meals, once a week. NCC now plans and decides on the meals he would like our care workers lo prep a week before hand. Once the meals a re prepared our care woiker5 would pul them irito sma15 container into lunch and dinner portions resdy to be pul into the freezer 01 fridge, 80 meals could be used Ihroughout the week by NCC care workers in his extr8 SUPPOrted housing home. Our welfare 8dvisor slso carried out a welfare benefits check for NCC and il came to lighl th81 his Disability Lwing Allowance IDLAI had slopped when he had a stroke and had a long hospital slay in hospital. The rules are when and l rf you have a long slay in hospital howevei in this case NCC DLA never started again when il was discharged from hospital. NCC had Missed over 3 years of DLA payments. The case was taken on broad by our wellare advisor and after a mandatory reconsidergtion and eomplainl his DLA payment was reinslaled. NCC has now been receiving higher rate care and mobility cornpot7enl of DLA. The financial outcome was NCC was over £150 beller off 8 week. Since CATH'S intervention and support NCC'S now lives a totally different life. he is much happier and a brÈgh18r person compared lo when we first knew him. He ahNays laughs and jokes when he is al the centre and is 35ways pulling Iwo certain staff members legs. He has also installed an internet line al the property and has signed up to a Chinese TV subscription service, which he reports back he thoroughly enjoys and has also listen to the Chinese podGas1 and radio stations. The extra finanual InMe h35 enablèd NCC the intèrnet 2nd Iv subscription services. He has praolised his vocal cords at home with Ihe TV channels arid radio slalions and has even sung Karaoke al oui celllre. 11 has bèen extremely rewarding for the whole team lo see the transition process of this fjase and il's been bvely seeing NCC gularlY at the centre while lakino care of all his needs.
CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2022 CHINESE INDEPENDENT SCHOOL OF TOWER HAMLETS The year 2Q21-22 is a difficult one for the Chinese School. Further from the disruption in 2021>21, we can only continue OLtr lessons online due lo COVID restrictions. The resulled disconneolion belween teacher, students and parents have caused inconvenien. rniscommunicalion and. in extreme seS, falloul of relationship. We have prowded 33 sessions from Seplember 2021 to July 2022 for S Cantonese and 10 Mandaiin ClaeS from Playgroup lo A Level, The online sessions start al l Oam and ¥unning lo a staggered schedule because ol parants, feedback. GCSE and A-Level dasses remains 3 hours long. The attendance rale is about SO°/ts across the school. rnb8r of The lot21 numbèr of enrolments for the academie year 2021- 2022 was 90., 61 students were enrolled on Mand81in classes and 29 were enrtslled on Canlonese classes, from the age of 4 up lo 18. The pandemic has a high impact on the number of students wanting to learn Chinese. Some Chinese parents have been wary of online learnin9 and would rather send their children back lo China when the UK is still experiencing lockdowns. The mainstream school mand3rin promoliDn has béén cut back due to Confucius Learning Centre scandal and the gradual cooling of Sino-weslern relationship {Ihis is particulafly a¢ule wllh the escalation of actions in UkrainÈ). ndemi Parents have feedback with suggestions that children are unable to focus for the 2-hour session lime, even vllh the appropriate breaks. This year. the school has shortenèd th6 playgroup sessions lo 40 minules online ar)d gradually increasing with year going up. Without the council support as their finance is slrelched by the pandernic, we hzve to hike the pri for the lessons unfortunately. The new pricing system also ieflects the gradual increasing of lesson lime. The online class via Zoom is bringing constant challenges. Thi8 is Tef ected in the lack of expéctation of supervislon foi teachers and parents alike, and inappropriate behaviours emerges as a result. There are 2 incidents of alle9ed teacher misbehÉvioLir, an incidÈnt related io a parent and another incident related lo content created by bystandeis. The teachers had allended training provided by the UK Association for Ihe Promotion of Chinese Education IUKAPCEI, the Chinese School also prepared a vsei guide of Zoom lor teachers lo follow. To compensate for the loss of speaking and listening thances of onlin@ lessons, the school has set up focused speaking sessions for those who need a Chinese speaking environment.11 is held weekday after4)oons OT evenings, with 8t most 4 students in a group. The parents reported they like the artanggmenl very rnUGh and is hoping these sessions wall be held again. The school conlinued to have a w)5itive itnpact on the lives of Chinese & notFChinese children, young people, and their families acickss London and beyond during the unprÉc8dented times. GCS This yèar, the school has entered Iwo candidates taking GCSE Canlonese exams despite the difficulty tsn learning. They havé performed very well as the first cohort lo return lo fal0.fa¢e examination, with one achieving grade 9 and 8iiolher grade 8. The school is very pioud ol their achievements despite the difficulty of th8 n6w curriculum and formal of examinalion. As the Tower Hamlets council withdréw thè Early GCSE proiect a few years ago, the students had lo lake their exam in their mainslre3m school. Unfortunatély. some students had difficulties ir) fegislering to enter lor Ilie exam, the CISTH would advise their paients the best options and provided ieference lellers for the students if necessary. Those who were unable lo lake the exam al the Mainstrea schaol had to take Ihe exam piivalely via the East London Skills for Life IELSI.. an approved Edexcel exam EIle based al Slratford. We do not need to invoke their help this year, but it will be great to see this continued in Ihe following year.
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORTI {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 elc waid Sc nd oth The school partioipales in the Jack Pelchey Award Scheme lo idèntify young people wilh outstandi achievements. During this academic yèar, the School ha5 idenlified 6 young people who receivBd the Jack Pelchey's Young Ach¢ever Award. Mr Zhang has éntered Iwo A-level students into a Chinese composition competition and both of them gels great results. Comm sand kfro Generally, parents were very pleased with the way we conlinued the classes after lockdown, especially with somè of the teachers who vienl above and beyond their iole to support their students in their own time. However, some parents are reporting inappropriat@18nguage and unprofession21 behaviovr during the lessons. Also, there is a case of parents illegally recording from our lessons. The spe2king sessions is a success. and we hope lo recreate these session5 when arrangémenl allows. in Teaohars continued lo allend iegular training lo enhance their leaching skills, students, learning experience and safeguarding the children, i.e. Sèminar for the new Edexcel GCSE & A Level course structure and syllabus. fviosl of the training weie done on Zoom to Covid-19 bul the te2chers have corntnented the training were very Useful and helpful, espety811y Ihe ones about online teaching and online tools lo support online teaching. ure ive We have secured permission from Sl Mary and St Michael Piimary School lo relurn lo their facilily in the nèxt academic yèar with appropriate COVID measures in plac£. The school will be very likely lo return lo face-to-faee teaching in the next year. The school will have some hardships with the obvtous loss of students and funding. We are pulling our focus inlo re-eslablishing standards in the school. Vve are planning for slri¢ler bèhaviour policy wilh all stakeholdeis. Especially, the school needs lo maintain and improve its leaching standards by introducing more slringenl iequi18mént and checks before employing teachèrs, stronger and more professional in-work Iraining and lesson observations. On teaching side, we are aiming ILI give GCSE and A-Levél lessons a boost in provisions in order lo raise our reputation and hoping trj Èstablish ourselves ag3in as the school once the envy of other Chinese schools.
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 ELDER CHINESE WELL-BETNG AND SUPPORT PROJECT (NEW PROJECTI CATH is proud lo announce that it has secu¥ed a unique grant from the CAF Resiltence Fund, which aims to help the people and causes hardest hil by Covid-19. This new project is supporfed by Charities Aid Foundation, Covid-19 Support fund and the Department foT Digital, Culture, Media and Sport, which starts in January 2022 ¥nd Is due lo end in March 2023. It aims to improve physical and mèntal wellbeing of London residents who are aged over 50 after lock down, Ihrough interest classes, fun physi¢81 exer¢ise groups and a sociable luncheon club. We wish to minimise isolation by encouraging participants 10 slep out from the shadow of pandèmic give the awarefiess lo work on raising their both physical and ment81 health. Since the launch of the project in January 2022, WÈ havè recrurf(ed 149 participants aged 50 or aLx)ve Iwing across London. Our project successfully re-creating a social neiwork for the elders and reconnected them lo the community by providing cheering activities for their well-being. The table below sf70ws the total number of participants for the proje¢l in each aclivlty category at our cenlre during Jan-June 2022.. Act5vltles Number classesl sessions provided during Jan.June 2022 of Number of participants durlng Jan-June 2022 Inteiesl classes and physical exerasÈs groups Luncheon Club sessions Total Number of Pro ecl Services Users Volunteers Total Number of Activities prOded and Tolal Number ol Pro ect Participants 92 38 130 19 149 25 NA NA 32 Elderly Intèrèsts ¢la$ses and exercise groups We organised 7 classes and exercise groups during Jan-June 2022. they were mobile phone application workshop. 8romatheiapy class. ink wash painting Class, line dance group, Taichi group, chair yoga group and Chinese mèdicine s&minars. Through these Ela5ses and physical exerase groups, we wish to give allendees the awareness and knowledge lo improve their physical and Mental wellbeino. rch 2022 We hosted a Chinese New Year Festival luncheon club for ov81 30 projecl users. It was a welcoming event arhd rnarked as the debut of the project, which Éncluded 2 traditional festive home cooked hol meal, along with a goodie bag lo every allendee lo lake home. This event testified to our community stepping away from the pandemic and getting logelhei celebrating and embraang Ihesè tr8dilional feslive moments, which reduced isolation and promoted inclusion lo our users after lockdown. Our fun and infomialive Interest classes. such as mobile application workshop, Chinese medieine seminar, artsmalherapy WDrkshop, ink wash painting started in January. We primarily large(ed our existing members to join the cl2ssEs. Later. we posted the recruiting message on social media plalforms as well, herTrce, many new London rèsidents, who are BNO holders, reglslered our classes. In this quarter we were able lo offer users more physical exercise gioups. Thanks lo local community organisalions Social Action ft>r Health anLI Mary Ward Centre. they sponsored Tai Chi and Line Dance, the classes were much appreciated by our users whilst they improvè their physical health.
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT IINCLUDING DIRECTORS, REPORT} ICONTINUEDI FOR THE YEAR ENDED 31 fvIARCH 2022 Ca ss to ease 2tio Ms L is single and has been living in london for more than 10 years. She used lo be married, unfortut)alely the relationship ha5 broken down and she has no children. She lives alone and stayed 31 home during the pandemic. She allended our various interest classes frequenlly, such as ink wash painting class, line dance group and Chinese medicine semln2rs. She registered our new classes in the first place, she reports our aclivilies brought a sense ol belonging and ¢ommunity spiril which natUTally minitni5ed isolation to her. Overall Ms L informed us she thoroughly enjoyed our aclivities and her socialising and engagem8n( sidè ol her wellbeing has impFoved. Elderly Lunchèon Club The Luncheon Club under the project is aimèd al offering a sense of belonging and community spirit, minlmises Isolation and promotes inclusion to allendees, along wilh hol home cooked rneals. The Club welcomes people aged over So who live across London, who wish to improve their qualily of life. reduce isolation and promote wellbeing. 11 prornoted the importance of socialising and engaging with others, certain members re-established friendships as they lost eontacl wlh each olher over the pandemic whilst n8w m8mb61S met new friends, new frlendships were forrned at our club. ud nclubf Mrs Y moved lo the UK from Hong Kong through BNO visa last wnter and is living in thÈ London Borough of Tower Hamlets Wlth her daughter. The English language is a bairier for Mrs Y. it Is irnportanl lo attend our luncheon dub and meet othèr allendees being able lo Communicate in Cantonese. Since the club, Mrs Y and rtain members ha formed new friendships, they mel up with each olher lor home parties and celebrating birthdays logelher. Mrs Y daughter informed us her wnolher is very much looking fOard lo 21tending the luncheon club weekly to meel her new friends. Overall Mts Y's wellbèing has improved due lo the newly formed friendship. voluntee participation Many of our volunteers are young people from Hong Kong, who have resided in London less than a ye8¥. They participate as volunteers because they sre looking for a sense of belonging lo the community. Throwh our projed, Ihe young volunleeis seNe seniors who are from Hong Kong as well al the luncheon club and interest classes. 0r project has suwssfully strengthened the sense of belonging to the commun4ty through encouraging vdunleeis lo give back lo the community. as8 ro hen (he on mmunil Mr W is a young man who rnoved lo the UK Irom Hong Kong on his (n in March 2022 and has been livirYJ in London alone. He reports volunteer work can increase his confidence and build social neiworks in this new home place, meanwhile which strengthen his sensè ol belonging lo the cornrnunily and promote social inclUsn lo him. By Ihe end of June 2022, we have SUC5S[u1¥Y provided 32 sessions of activiliÈs and recruited 130 attendees and 19 volunteers, all numbèrs fulfilling the project funders requirements. We foresee Ihere will be huhei demand for our interest dasses, physical exercise groups and lunchéon club due lo more BNO holder5 moving to the UK. Unfortunately. this project might not be able to serve Ihe p8rtiupanls conlinuousty due lo the fact th81 this project will end on 31 Maich 2023.
CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 PLANS FOR FUTURE PERIODS Income slre3ms'. Our locus is on retaining and developing the Tower Hamlets Council contract, in addition lo fSing on developing Ihe privale market and referrals from Clinical Commissioning Groups ICCGI. We believe that our income streams will need lo be more diverse going forward and this will include charged for seNices, ensuring they are developed countywide to be affordable to our taryet audience.we are also seeking lo improve recruilmenl and SOur.10ng shift hours in local areas as there is potential for growth. Website and social media presence_" As part of Ihe piivale work reinvigoration, CATH is looking lo overhaul and r8design its website foi ease of use, enabling many parties lo access it, including prospective clients. slaff, referrers, family mernbers and funders. Linked to the website should be a Facebook and Twitter feed of news and aclivilies, so as not to be lefl behind in the modern age. The key overarching vision for the next five years will be lo work fiom a position of Gotsd" to 8 position of "Outstanding" The plan is a confidenl and ambitious slalemenl about where we want lo be in five years. lime. 11 is hoped that by 2025 the people support will". Be benefit frr*m outstanding quality care and support. We aspire lo every service being outstandingly run. Be equal partners in ctrproducing models of care. Our annual survey will show that this is in pla for everyone. Be supported by staff who are safe, supported and valued. Be assisted by technology which will actively piomole their wellbeing and independence. By 2025 Ihé Charity will.. Achleve grealei iecognilion as 8 leading London-wide provider of communily-based support for adults of Chinese origin with complex care and support needs lo include frail elders, learning disability and mental health. Become financially suslair)able through the development of more diverse income streams to ilUde new commissioning partnerships with the NHS and privatB individuals. Differentiate itself by providing tailored pad<8ges of community-bgsed sUPPOrt. Provide tailored-made Health and Social Carè liaining and othér traininu 8re8s for the Chines8 Commnty. PUBLIC BENEFIT STATEMENT The Ttus188s have compli8d wilh the duty in section 17151 of the Char¢ties Act 2011 lo have due regard lo public benefit gLEidance published by the Gharity Commission. All aspects of CATH'S work are open lo people who live, work or study in and around London Borough of Tower Hamlets, and CATH continues lo provide a range of social welfare seNices and acts as an impodant hub for the Chinese community. The activities mentioned abov@ demonstrale the public benefit arising through the Charity's activities. RESERVES Thé tiusteesjdirettlors rÉcognise the need lo ensure adequate resources are held in reserve lo account for un8nlicipsted reduction of incxjme or incre2se of expenditure. The Chinese Association ol Tower Hamlets (CATH) is currently dependent heavily on earned income from its Home Care Service to sustain its activities, as grants alone would not allow CATH lo continue operating. This means Ihat if there were lo be a gap in earned income it is likely that CATH would have lo close down. To avoid closure if funding difficulties were to happen the Irusleesldireclors have agreed lo keep a certain level ol financial reserves lo ensure that main opeialiorEs can continue for a period of at least 9 months. The main eoncerns ol the board are lo ensure.. That stsff can eontinue working, prlmarily lo secure new funding or lo allow CATH lo wind up while meeting its obligation lo staff That members and setvKe users are supported lo move on lo other services
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 STRUCTURE. GOVERNANCE AND MANAGEMENT The Chinese Assooiation ol Tower Hamlets is a company limited by guarantee. The trusleÉs, who are also the direclors for (he purpose of company law, and who served during the year to the date ol signature of the financial statements weTe'. Mrs P Hayward Ms M L Cheng MrHHWu Mr H Salah MrCYI MrTVLe None of the trusteès has any beneficial interest in the company. All ol the Irustees are members of the company and guaranlee lo co>nlribule £1 in the evenl of a winding up. APPOINTMENT OF TRUSTEES Applications for potential Trustees are sought through regislration with appropriate local neiworks and associations, through the Charily's websile and through invitations sent OLS1 in member mailings. Mernbership of the board of trustees consists of the Chair and up lo eight other trustees é16eled ty members of the Charily as deleimined by the Chaiity's Regulalions. The Board also has the power to ctsopt persons lo serve as members of the Board untsl the next electii)n of trustees. TRUSTEES INDUCTIONAND TRAlhllNG TrustÈès take an active role in Succession planning. Potential Trustees are initially provÈded with reparts that will ehablé them lo judoe whelher lo pursue an appoinlment. Skills Audit fmS are completed prior to an inierview with the Chaii of the Charily and the General Manager. It candidates are regarded as suitable, and wsh to pursue an appoinlmenl, an orientation session is arranged. This lom)s part of the ongoing induction process involves meetings with key staff. allendance at seminars and ComTllillees and al least one Board meeting. Following salisfaclory complétion of the recruitment process the Board will recommend appointment 8s a Trustee. ORGANISATION The Board has Ihe overall responsibility for th8 govemance of the Charity. It meets at least four limes a year. Regulations speufy the powers of the board and the authority delegated to senior staff. The General Manager is responsible for the day to day management of the Charily, working within the financial framework, proceduTes and policies sel down by the Board. The General Manager has delegated authority for human resource planning. employment, service devèlopment and finan. The name of the senior staff member to whom day to day management of the charity is delegated lo MT. Alan Chau, General Manager. RISK MANAGEMENT The board has a duly to lake all reasonable steps to assess and manage risks to the chartly's activities. beneficiaries or reputation. CATH operates in a highly regulaled enviionmenl, arEd failure to comply with regulations could lead ¢0 subsianiial pènalties, and eancellalion of our registration. Compliance risks are mitigated through the implementation of the Cafe Quality Commission ICQC) standards and high levels of staff training. Comprehensive policies and procedures are in place lo ensure compliance along with regular qualily monitoring and appropriate 8¢1ion tts miligale those risks. Our'Good' rating, awarded by CQC at our last inspection in August 2017, is gvidence of our pa51 achievements in managing risks 2nd this ethos has continued Ihroughout the pandemic. Trustees were always aware that some risks to the charity may arise fiotn factors outside ol our conlrol or not of our making. as wéll as those risks that could be anlicipated and Teduced. The board of Irustees Consider that systems 2nd controls that were, and remain, in place to monitor, manage and miligate tho charity's major risks remain effective. These risks are., fjo-
CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 A change in Government policy may see a changè in the way local councils purchase dorriciliary care, however as both ConseNative and Labour Governments h2ve promoted Service pro¢urernenl from (he independent and voluntary seolor. The Trustees are aware of this ongoing situation and have policies in place to deal with this including increasing the proportion ol the charity's income from personalised budgets and priva181y funded clients. The reuuilmenl and retention ol staff affects the conlinuily we can provide our clients as well as reslricling their numbers. UnfortLJnal8ly, due lo the natuie of servic85 provided and the way Ihey are funded, we have to use zero hour conlr8cts f(sr care slaff the same as Dlher similar organisations. The Trustees. are unhappy with this Situation and are aware of the effect il has on the staff, if a workable alternative can be found it would be used. In the meanlime. we aim lo provide the best working conditions for our staff to énsu relenlion, while al the same lime we are exploring all possible avenues lo re¢ruil sullable new slaff. STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees, who are also the directors of Chinese Association of T(>wér Hamlets for the purpose of trnmpany law, are responsible lor pparing the Trustees, Report and the ffln8hcial slalewent5 In accordance wilh applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accountsng Praclicel. Company Law rèquires the Iiuslees to prepare financial slalemer)ts fw each finar)cAal year which oive a true and lair view of the state of affairs of the Chinese Associalion of Tower Hamlets and of the incoming resources and application of resources, including the income and expenditure, of Ihe eharit3ble company for that year. In preparing these financial statements. the trustees are required lo.. select suitable accountsng poliues and then apply Ihetn consistenlty.. - obseNe the methods and princip$ in the Charities SORP., make judgements and eslimales that are reasonable and prudent., stale whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial slatemenls., anrS prepare Ihe linancial slalements on the going concern basis unless it is inappropriale to presume Ihal the Chinese Association of Tower Hamlets will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any limè thé financial position of the Chine8e Associalion of Tower Hamlets and enable them to ensure that the financial stat8mÈnts ttomply with the Companies Act 2006. They are also responsible for safeguarding the assets 01 the Chinese Association of Tower Hamlets and hence for taking reasonable steps foi Ihe prevention and detection of fraud and other irregularities. The Ir 5tees' report was approved by the Board of Trustees. Mrcyi Trustee Dale..
CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHINESE ASSOCIATION OF TOWER HAPJILETS l Teport to thè trustèés on my éxamin21ion ol the financial statÈmÈnts ol Chinese Association of Tower Hamlets Ilhe Chinese Association of ToweT Hamlelsl for the year ended 31 March 2022. This ¥epot1 is made solely lo the charity's Iruslees, as a body, in accordance with sedion 145 of the Charities Act 2011. My work has been undertaken so that I might stale to the Charity's Iiustees Ihose mallers l am required to sl*e lo them in this report and for no other purpose. To the fullest extent permilled by law, I do not accept or assume responsibilily lo anyonè other thsn the charity and the chaiily's tiust8eg as a body, lor my work, for this report, or for th8 opinions I hav8 formed. R8$ponslbllltles and basis of report As tlie Iruslees of the Chinese Association of Tower Hamlets (and also its directors for the purposes of company law) are responsible for the preparation Of the financial statemenls in accordance with the requirements of the Cornpani85 Aet 20( Ilha 26 Aetl. Having satisfied rnyself that Ihe financlal slalemerits of the Chinese Associailon of Tower Hamlets are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respecl of my examination of the Chinese Association of Tower Hamlels's financial statements carried out under section 145 ol the Chari1Ses Act 2011 Ilhe 2011 Acll. In carrying out my examination I have foltowed all the applicable Directions gwen by the Chaiity Comrnission undei sedion 14515llbl of the 2011 AGI. An independent examinalÉon does not involv& gathering all the evidence that would be re¢uiTed in an audit and consequently does not ¢Dver all the mallers Ihal an 2udilor considers in gÈving their opinion on the financial statements. The planning and conduct of an audil goes beyond the limiled assurance that an independent examination can provide. Consequenlly l express no opinion as to whether the financial statements present a 'true and fair, view and my report is limited to those specific matters set oul in Ihe independenl examiner's statement. Independent examinerf8 8tsteEnent Since the Chinèse Association of Tower Hamlels's gross income exceeded £250,000 your examiner musl be member of a body listed in seclion 145 of Ihe 2011 Act. I confirm that l am qualified lo undertake the examination tiecause l ain a mernbei of Association of Chartered and Certifted Accounlanls, which is one of Ihe listed bodie5. I have completed my examination. I confirm thal no mallers have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Chinese ASSLallOn of ToweT Hamlets as required by section 386 of Ihe 2006 Act., or the finan81 slalemènls do not 8¢¢ord wllh those records., or Ihe Iinancial slalemenls do not comply with the accounting Fequirement5 of section 396 of the 26 Act other than any iequiremenl that th8 aecounts givè 8 true and fair view whidh is not 8 matter considei8d as part of an independent examination., or the fillancial slalements have not been prepared in accordance wth the methods and principles of the Slalemenl of Recotnmended PFaetice for accounting and reporting by chatÈlies applicabk lo charities preparing their accounts in accordancè with the Finsncial Reporting Standard applicable in the UK and Republic ol Ireland (FRS 1021. I h8vé no concerns and have come across no other matters in connection wÈth the examination to which atlénlion should be dr8wn in Ihis report in order lo enable a proper understanding of Ihe financlal slalomenls lo be reached. Goh Yong Chong Sllver Levene IUKI Limited Chartered Certifled Accountsnts 37 Wairen Slieel London W1T6AO Dated.. 12-
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unrestricted Re5trlcted funds funds 2022 2022 Total Unrestricted Restricted funds funds 2021 2021 Total 2022 2021 Notes Donations and contract income Charitable actiihlles Investments Other income 319,504 44,501 35 13.515 319,504 124,357 35 13,515 234,387 63,970 122 33,195 234,387 84,518 122 33,195 79,856 20,548 Total Income 377,555 79,856 457.411 331,674 20,548 352,222 Charilable aclivitses 321,554 26,723 348.277 283,157 18,495 301,652 Nèt incoming resources befora transfers 56,001 53,133 109,134 48.517 2,053 50,570 Gmss transfers between funds (2,1841 2.184 11,8181 1.818 Net Income for the yearl Net movement in funds 53,817 55.317 109,134 46,699 3,871 50,570 Fund balanTrs al 1 April 2021 453,388 24,g41 478,329 406,689 21.070 427,759 Fund balanc88 at 31 March 2022 507,205 80,258 587,463 453,388 24,941 478.329 The slalemenl ol financial aetivilies includes all gains and losses recognised in the year, All income and expenditure derive from conllnuing acllvilies. The slalemenl of financial aciivilies also complies with the requirements foi 8n income Ènd èxpènditure account under the Companies Act 2006. 13
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 31 MARCH 2022 2022 2021 Notes Fixed assets Tangib18 assets 11 3.116 3,127 Curyent assets Debtors Cash al bank and in hand 42 39,499 574,285 26,753 477,336 613,784 5(M,089 Creditors.. amounts falling due withÉn one year 13 (29,4371 128.8871 Nel current sssets 584,347 475,202 Total assots less currant liabilities 587,463 478,329 Income funds Reslricled funds 15 80,258 24,941 Designated lunds General unrestricted fttnds 16 4,140 503,CfjS 4,140 449,248 507,205 453,388 587,463 478,329 The ¢ompany is entitled to the exemption from Ihe audr( requirement contained in section 477 of the Companies Act 2006, for the yeaF ended 31 March 2022. The directors acknowledge their responsibilitiès for complying with the rèquir6m6nls of the Companies Act 2C106 with respect to accounting records and the preparation of ftnancial statemènts. The membèrs have not required the company lo obtain an audit of ils financial sialemenls for the year in question irb accordance with section 476. These financial statements have been prepared in accoidance with Ihe provisions applicable lo companies subject lo the small companies regime. The financial stalemenls were approved by the Trustees on . LtA V+t* 2014 MrH Trustee Mrcyi Trustee Company reglstration number 01720498 14_
CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accounting policlès Charity iE)formation Chinese Association of Tower Hamlets is a private company limited by guaT3nlee incoiporaled in England and Wales. The registered office is 680 Commerical Road, London, E14 7HA. q.1 Accounting convéntion The financial slalemenls have been prepared in accordance with the Chinese Association of Tower Hamlets's memorandum and articles of association, the Cornpanies AGI 2006, FRS 102 "The Financial Reporting Sl8ndard applicable in the UK and Republic of Ireland l FRS 102.1 and the Charities SORP "Accounting and Reporting by Chaiilies". Slaletnenl of Recommended Practice applicable lo chaiities prepaThng their accounts in Eccoidance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. The Chinese Assoaalion of Tower Hamlets is a PublK Benefil Entity as defined by FRS 102. The Chinese Association of TOWEI Hamlets has taken advantage of the provisions in the SORP ft>r charities not lo prepare a Slalemenl of Cash Flows. The financial statements are prepared in sterfing, which is Ihe functional c4Jrrency of the Chinese Associalion ol Tower Harnlels. Monetary amounts in these financial statements are rounded to the nearest £. The fit)ancial statements have been prepared under the historical cost Convention. The principal accounting policies adopled zre sel out below. 1.2 Going concern Al the lime of approving the financial slalemenls, the Iruslees have a reasonable expectation that the Chinese Association of Towel Hamlets has adequate resources lo contsnue in operational existence foi the foreseeable futu. Thus the trustees conlinue lo adopt Ihe going concetn basi5 of aocounling in prep8Mg the financial stalemenls. 1.3 Charitable ndS Unreslricled funds are available tor use al Ihe dIscli0n ol the Iruslees in furtherance of Ihelr ¢haiilable DbjectEves. Designated tunds comprise funds whith have been sel aside al the discretion of the trustees for specific Purposes. The purposes and uses ol the designated lunds are sel out in the notes lo the financial slalements. Restricled funds are subject lo speciftc conditions by donors as lo how they may be used. The purp)ses and uses of Ihe resl¥icied funds ale sel oul in the notes lo Ihe financial statemenls. 1.4 Income Income is recognised when the Chinese Association of Tower Hamleis is legally entilled to it after any perfomance conditions have been met, the amounts can be measured reliab, and il is probable that income will be received. Cash donations are iecognised on ieceipl. Other donalions are recognised once the Chinese Association of Tower Hamlets has been ntstified of the donation, unless performance condilions requiip deferral of the amount. Income lax recoverable in relation lo donations received undei Gift Aid or deeds of coverianl is r2cogni58d at the lime of thè donatton. Legacies are recognised on receipt or 01henlse if the Chinese Assotiation of Tower Hatnlets has been notifièd of an impending distribution, thè xmount is known, and receipt is èxp6clèd. 11 thè arnotsnt is not known. the legsey is Ireated as a eontingent asset. 15-
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accounting policles Icontinuedl Assets for distribution are recognised only when distributed, Assets given foi use by Ihe Chinese Association of Tower Hamlets are recognised when reeèiv3ble. Stocks of undislribuled donated goods are not valued for balan sheet purposes. 1.5 Expendlture All expendiluiÈ is accounted for on an accruals basis and has been classifEÉd under heading that aggregate zll costs related to the category. ere costs cannot be directly attributed lo particular headings they have been allocated on 8 ba51s consistent with use of the resources. Supporl ¢osls have been allooaled beeen governan costs and other support. GDvern8nce costs comprise all cos15 invotving public aceountability of the chaiity and ils cotnpliance with regulation and good pradice. Support costs include eÉnlral fL4nclions and have been allocated to aclivily cosl tegOrieS on a basis consistent wilh the use of resources. eg allocating properly costs by floor areas, or per Gapila, staff costs by th8 timÈ spent and other costs by Iheir usage. 1.6 Tanglble fixed assets Tangible fixed assets are initially measured at ¢osl and subsequently rn&asurèd al cost or valuation, nel of depreciation and any impsirmenl losses. Depreciation is recognised so as to wrile off the cost 01 valuatiDn of assets less Iheir residual values over their uselLkl lives on the following b8ses'. Fixtures. fillings & equipm8nt 25)A Reducing balance The gain or108s arising on the disposal of an as5el 15 delermined as the diffeience between the sale proceeils and the ca¥rying valLJè of the asset, and is recognised in the sialement of financi818clÉvilies. 1.7 Impalrment of fixed assèts At each reporting end dale, the Chin8sÈ Association ol Tower Hamlets reviews the carying amoLJnts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such Indi110n exists, the recover8ble amount of the as8el Is 8slimaled in order lo determine the exlenl of the impairment loss lif any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand. deposits held al call with banks, other short-lerm liquid investments with Origial malurilies Cpf three months or less. and bank overdTatt5. Bank overdrafts are shown within borrowing5 in currenl liabilities. 1.9 Fln3ncÈal Instruments Thè Chinese Association ol Tower Hamlels has elected to apply Ihe provisions of Section 11 'B2sic Financial Instruments. and Section 12 '01her Financial Instruments Issues, of FRS 102 to all of ils fin8nci81 instwments. Financial instrLiments are recognised in the Chinese Association of Tower Hamlels's balance sheet when the Chinese Association ol Tower Hamlets becotnes paily lo the c4)nliaclual provisions of the inslrumenl. Financial assets and liabilities are offset, with the nel amounts presented in the financial slalemenls, when there is a legally eriforceable right to set off the recognised amounts and there is an intention to settle on a nel b8SIS Of to realise the 8sset snd settle the liability slmullaneously.
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Accounting policies Continuedl Baslc financial assets Basic fingncial assets, which include deblors and cash and bank balances, are inilially measured al transaction pri including transaction cos15 and are subsequently cairied al amortised Gosl using the effective interest method unless the arrangement conslilule5 a financing Ir8Trsaclion, where the transaction is measured at thè présenl valu8 Df Ihe future Teceipls discounled 31 a maikel rale of interest. Financial assets classified as rèceivable within one year are not amortised. Impairment of financial assats Finsncial asse15, OtheT than those held al lair value through income and expenditure, ale assessed for indicators of impairment 31 each reporting date. Financial assels are impaiied where there is objeGts"ve evidence that, as a result of one o¥ more events that occurred after the initial recognition ol the financial asset, the eslimaled future cash flows havè beèn affected. If an asset is impaiied, the impairment loss is the difference between the carrying amount and the present value of the eslimaled cash flows discounted al the asset's original effective interest rale. The impairment loss is rècognised In net incomellexpendilurel for the year. If there is a decrease in the impairmènt loss arising from an event occurring after the impaiimenl was recognised, the ifipairment is reversed. The revèrsal is such that the current cairying arnounl does nCTrt exceed what the carrying amount would hsve béén, had thè impairmènt not premously been recognised. The impairment reveE5al is recognised in nel incomel(expeNdilL5rel for the year. Derecognition of financial assets Financial assets are derecognised only when ihè Wniractual righis lo the cash flow5 from the asset expire or are sellled, or when Ihe Chinese Associalion of Tower Hamlets transfers the finallcial asset and subslanlially all the risks and rewards ol ownership lo another enlily, or if some signilicanl risks and rewards of ownership are rètainéd but control of th& asset has transferred to another party that is able to sell the assel in ils entirely Its an unrelated Ihird pgty. Baslc fvnancial liabilities Basic finantti31 liabilities, induding creditors and bank loans are initially recognised at Iransaction price unless the arrangemenl constitutes a financing transaction, where the debt inslrumenl is measured al the present value of the future payrnents discounted at a market rate of interest. Finanu31 liabilities dassith'8d as payabl8 within one year are not amortised. Debt instruments are subsequently Gairied al amortised cost, using the effeclive interest rale method. Trade Creditors arè obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliérs. Amounts payable are classified as currenl liabilities if payment is due within one year or less. If not, they are presented as non-current li2bilities. Trade creditors ale recognised initially st transaction price and subsequently measured at amortised cost using the effective interest melhod. Derecognltlon of financlal liabilities Financial liabilities are derecognised whan the Chin8s8 Association of Tower Hamlels's wnlraclual obligations expire or are dtscharged or canc@Iled. 1,10 Employee beneflts The cost of any unused holid3y èntitlèment is recognis8d in the period in which the employee's serv¢ces are received. Temination benefits are iecognised immediately as an expense when the Chinese Association of Tower Hamlets is demonstrably cA)mrnilled lo lerininale the employment of an employee or to provide temilnalion benefits. 17
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accounting pollcies (Continued) 1.11 Retlrement b8ttefits P£ymenls to defined conlribution ratiremenl benefil schemes are charged as an expense 8S they fall due. 1.12 Government grants Government grants are recognised al the fair value of the asset ieceivèd or receivable when the¥e is reasonable assurance Ihat the giant conditions will be mel and the grants will be received. A grant thal specifiés performance Gonditions is recognised in income when Ihe performance conditions are mel. Where a grant does not specify performance conditions it is recognised in income when the prOed$ are received or receivable. A gralll received before the fecognilion Giiteiia are sa115fied is recognised as a liability. 1.13 Company Status The charity Is a company limited by guarantee. The members of the company are the trustee8 named on page 12. In the evenl of the charity being wound up. the liabilities in respecl of the guarantee is limited to £1 per member of the charity. Donations and Contract income Unrestricted Unresliicled funds fund8 general genersl 2022 2021 Donallons and gifts Gonlrsct income 2,278 317,226 6,359 228,028 319,504 234,387 Contract incoh Londoll Borough of Tovier Hamlets London Borough of Islington London Borough ol Hackney Direct Payments 146,539 42,364 16,444 111,879 116,515 6,358 105,155 317.226 228,028 18-
CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE> NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Income from ¢harltable activities Grants School fees and other Income Total 2022 Total 2D21 2D22 2022 Sales wilhin charitable activities Perform8nce related grants 44,501 44,501 79,856 63,970 20,548 79,856 79,856 44,501 124,357 84,518 Analysis by fund Unreslricled funds- general Restricted funds 44,501 44.501 79.856 63,970 20,S48 79,856 79,856 44,501 124,357 84.518 For the year eFbded 31 March 2021 Unreslticled funds- general R6gtrictéd funds 63,97Q 63,S70 20.548 20,548 20.548 63,970 84.518 Investmènts Unrestricted Unrestricted funds funds gènÈYal general 2022 2021 Interest receivable 35 122 Other incom Unrestrlcted Unrestricted funds funds general general 2022 2021 Other income 13,515 33,195 Other income incudes Coronavirus Job Retention Scheme grant of £13,370 {2021.' £32,825). 19-
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Expendlturè on charitable activitie Unrestricted Restricted funds funds expendlturè expanditure 2022 2022 Total Unrestricted Restrictsd 2022 funds funds expenditure expenditure 2021 2021 Total 2021 Staff costs FoodAuncheon club Chinese New Year Home care projed Chine8e school Rent Olher premises expenses Travel Insurance RepaiT5 and maintenance Training, books & subscriptions CAF project Bank charges TelaphonÈ Sundry expenses Depreciation LCRF Projecl 306,530 29 15,945 1,356 322,475 1,385 246,922 1,225 12,448 259,370 1,225 1,537 11,925 2,977 4,015 2,273 1,537 5.009 100 11,243) 1,427 5,009 100 11,0421 1,637 573 1.259 637 11,925 2,977 3.675 2.194 201 210 573 340 79 1,259 635 1,202 834 1.202 834 431 1,121 3.400 1.552 3,400 511 1,701 3,780 1,039 181 3,253 3,253 511 1,484 243 1,039 545 1,609 1.664 1,042 545 1,674 2,859 1.042 3.031 217 3,537 85 995 161 3,031 317,454 28,723 344,177 279,067 18,495 297.562 Share of govemanTr costs Isee note 71 4,100 4,1C 4,C190 4,090 321.554 26,723 348,277 283.157 18,495 301,652 Analysis by fund Unrestricted lunds- general Restricted funds 321,554 321.554 26,723 283,157 283,157 18,495 26,723 18,495 321,554 26,723 348,277 283,157 18,495 3Q1.e52 -20-
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Support costs Governance costs 2022 2021 Basts of allocallon Professional fees 4,100 4,100 4.09CI 50% Chinese School 50°k Home Care 4,100 4,100 4,090 Analysed betr¢ieen Charitable activities 4,100 4,100 4.090 Governance costs include fees of £3,300 {2021.' £3,300) lor an independent examination. Trust•es None fif the Iruslees lor any persons connected with them) received any remuneration or benefits, or claimed any expenses from the Chinese Association of Tower Hamlets during the year. Employees Numbar of •mployè&s The average monthly number employees during the year Ilndudlng Irusleesl was.. 2022 Number 2021 Number Management and 2dminislralion Charitable activities 28 26 37 35 Employment costs 2022 2021 Wages and salaries Social security costs other pension costs 305,154 3,298 14.023 235.57Q 12,221 11.579 322,475 259,370 The key management personnel of the Charity comprises the Trustees, General Manager, Quality Assurance Managei and Flead of Chinese School. The total employeé benefit ol the key management personnel ofthe Charity were £57.52712021 £64,47n. No individual employee received benefits of more than £60,000 during the year or pr8e6ding yèar. 21
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 10 Taxation The charitable company is a registered charity and is not subject to corporation tax on its current actiwties. 11 Tangible flxed assets Flxtures, fltllng8 & 8qulpment Cost Al 1 April 2021 Addilions 33,490 1,029 At 31 March 2022 34.519 Depreclation and impairment Al 1 April 2021 Depr8Thalion ¢haiged in the year 30,364 1,039 Al 31 hlarch 2022 31,403 Carrying amount At 31 March 2022 3.116 Al 31 March 2021 3,127 12 Debtor5 2022 2021 Amounts falling due wilhln one year: Prepayments and accrued incoTnp 39,499 26.753 13 Creditors- amounts falllng due withln one year 2022 2021 AccnEals and d8f8rrèd inccm8 29,437 28,887 14 Retlrement benefit schemes Deflned contributlon schemes The Chinese Association of Tower Hamlets operates a defined contribution pension Scheme for all qUalIfng employees. The assets of the scheme are held separately from those of the Chinese Association of Tower Hatnlels in an independErilly administered fund. Th8 chaFg8 to profit or loss in rèspèct ol délinad ttontribution schémas was £14,02312021 £11,579). -22-
o) v Èo * it *• mu)0 xt IN r O) fco (ONO * (5) 0) J o (O m (FJ ¢TJ <wz IWLU U7Jo£ o< 0><<_LuUL)Vu
CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 16 Designated fund5 The income funds of the ¢harily include the frjllowing destgnaled ILinds whh have been set aside out of unrestrieted funds by the trustees lor specific purposes,. Movèmethi I lynds Incomlng resouY¢es Mov6ment In funds Balaiice al 1 April 2020 Balance at l Apvll 2021 Incoml*g Balance at Yesoufces Jl IAaFch 2022 Equipm8nt replacement fund 4.140 4,14Ql 4,140 4,140 4,140 4,140 The trustees have designated funds of £4,140 to cover thè future cost of IT & communication system of the Charily. 17 AhalysS$ of net os$ets beeen funds Unrestricted Restrictsd funds funds 2022 2022 Total Unreslricled Reslrided funds funds 2021 2021 Total 2022 2021 Fund balances at 31 M8ich 2022 aTé represented by.. Tangible assets Current assetsllliabililiesl 3,116 504,089 3,116 584,347 3,127 450,261 3,127 475.202 80,258 24.941 507.205 80,258 587,463 453,388 24,941 478,329 18 Operating lease commitments Al the reporting erid dale the Chinèse Association of Tower Hamlets had outstanding commllmenls for future minimum lease payments under non-ttancèll8blÈ operating leases. which fall due as follows.. 2022 2021 Within one ye8r Between two and five years 15.125 36,300 15,125 15,125 51,425 19 Related party transactions There were no dis¢losable relaled paty transactions during the year {2021 none). -24-