Clwlty r491str3Uon numb•r 287813 C4Mnpary vtglstratkn nwnb•r 01n11498 (England and W*l•s) CHINESE A88OCIATION OF TOWER HAMLErs (A COMPANY uhrfED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2023 CHINESE ASSOCIATION OF TOWER HAMLErs IA COMPANY UMrrED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION r5 P Hayw8rt1 MSMLCI klrHHWu IArHS4 MrCYI rTVL• MSSL (Appolnbj S M8y 2023) 8•¢Y•t*ry WASLChau Ch•rfty numb•r 287813 Compwy numb•r 01720498 R•gl•t•r•d olllc• and prlndpd addr• E14 TK4 Ind•p•nd•nt •xwnln•r Sknf L¢v¢no {UKI 37 Warren Str•gt WITW) B•nk•r• 8arday8 Bank PLC Cèmry tharf Bran¢h 2 Chur¢hll Pl•c* E14 SR8. CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY UMrrED BY GUARANTEE) cop¥rEp¥rs Pag• 1-14 IndopMdent ey2mknoV8 Tel 15 16 17 18-27 CHINESE ASSOCIATION OF TOWER HAMLErs IA COMPANY UMrrED BY GUARANTEE) TRUSTEES. REpoirr (INCLUDING DIRECTORS. REPOR FOR THEYEAR ENDED 31 MARCH 2023 The finan(aal slateme￿ have been prep$￿ in acwdonce *ith the arAyJuntirwJ ps6¢1￿ set out in note I to th8 f￿an¢14 stst•m8nts and o)mF4y *41h the Chinese A8yX¢atlL￿ rA TtY4W HÈfflets's memofandum and arfic408 of th6 Corrwanies Aci 2006 aThJ "A(r4xJnting and ReFth6ng by Charits8s.' Statem8nt ol Reg)mm¥ndod Practice apF4icable to d)aril1￿ weparirg Ihw a¢4wnts in ac£ordance ¥Ath the Fin&niy81 Rwting St8nd• •PF4k•t4& In th• UK Fi•wtyl¢ of Ir8land IFRS 102}" (￿e￿We 1 20191. Th• charW8 purFose as set tyjt In our consyttthn 15 to pro￿ a eompreP6n8h r8rwJ• of (wdlgr•. communty care. dUcatic￿￿. I￿S￿re & reLreationa and pWsOn￿ development} for the Chin*seMiethamose Communty in arrMJnd the Lonth)n Bomugh of Til￿r Harnlels through 8 •Nronment and mmltrMnl to womote usor Invdvgn￿l Our Is to enwro ¢hat th¢ PgQF48 we serve lfve In a 8ensr and cl￿paSs0n8t0 8nvwonmart h4v• aceèss to 9•rvic￿ that m••t their phyglcal. Thlorilll rAKI ￿ti¢Ma1 nMd8. a180, ￿ aro ablo io roath th• qudhy otlwo lo Irwjmdud aS￿r0& Tho organ188tkn'8 8th081s on• of •mpowgmgnt 8rrfl onat4w•rt W• aro drlvon by our mL88bm to onat40 Poop￿ to bè tho 8￿hIteCt of their tr*m li¥•8 and b8 lrnatad *ryth dignity and respèct at al tim88. Our fO￿S is to work wth and for Ihogo lfvlng rtylc41. 80n8c¥y or mantsi IMpalm￿nt and In 8odal iadalkn). Indudlng IFK>•o 8•r1￿* and •ndurfng montd hootth d￿fi￿lties or dory￿kna, larfjuag8 bafffftB. ty a earor rde. Thg oblocts for th0A88ou8ll￿ ts e8tstlthd wg:. . To help dl•adv•ntW PWBon6 01 CNne88 w41￿ fvfj. or 8bJdy In arvj around LtsndC￿ Bwh ol Tower Harn￿ts Ihereinaftw caUe*J Ihe aroa of benefifi by thts •tht4thmonl aThJ ma4ntén8n¢é of an Inforn)oUw and ¥dvl¢e ¢enh and an OpF¢ybJr* Contre. . To prc4not• the t*df¥rt of Chlrme eldwly 8Th1 dl6otknJ peoplv or Iw••ft•r b• d•w￿d by 18W to b• tharttAt4é ￿1n tm $8id 8r•o ol bwWrL . To prts￿ and tho eoci& •YU¢•b￿l, L711ur4 phy￿1 d￿￿pmor}I ol t*urrfJ Chlnes• p8opl• ol th• sakl ar•a cl b￿efft. In Mamornr#lum ol knodakn CNne#e Fle, mean8 peoF4e beh¥een the 8g•s of 8 2S y•ars. PRlMaPALACTi￿nEs Chlngsg of Towor HarTIots 18 a dwltBtIg comp8ny by guarantsB and 18 govgrngd by 8 momLvandum and articl•s of asso08t￿. p￿PaI aL*l￿tr￿ of Iho As8ociAlv)n tg thè pro¢AKin of seTr1￿3 to Chlmeo and VO0tname40 cCfflMun￿ In ts Lon(lon Borcwh cl T¢)￿r Hanlots thr(A￿h proleci basod programmes prwdifto sp•)fic seNces b meet thfr needs of its ug•r grrAJPS. We afy 8 lo¢al organY8bon that undorstands th• nogdg asr4rnbons cd l¢xa Chinese and wetnam￿ p￿￿1*. Evory ￿ar w8 SUFPOrt hundreds ol L4dfjr pocwe ol Chinw ty¥Jin to lfft Irfv to Ihe lul. maintainin9 contrc4 IndependerKe. The organlzafjon'8 ethos bs on• of empow8￿n9 and ￿8t41r$ p•)rA•. Tr• St4temth)t of Fknandal forlhg y sel out on Pag6$ 16 to 27 of the firw)o4 st81gnw)l& HOIAE CARE SERVICE WdD)mè to th8 gnnuol rgrth fty CATH'S Hts[r￿ C¥r• & Supwt for tha finanda year 2022r2023. ChJr mnNtment to provithng hi9￿u811ty carn and sukwt to trts our d￿S maintain their Inde￿nd*1**I in th mfort of Ihelr tr•m hLMI￿ rem#ins unwavewlrwJ. Thls rewt hbgN￿hts ts 8o))nWfjshm•nls. d)akng•s. and fulure end&avour8 that define ourjow in fidflits3 this M￿￿)rt. CATHS Home ca￿ 8er¥ic4 16 dedi￿ted to d&fvering wsr¥E and (J)mpaswon¥te C￿r seNce is proudy registerad tha Car• Ojalty Commi8skJn ICQCI has athieved the r￿￿￿ble disbncticm of 8n utatanding" r¥tiry in the ¢aring Category, alorwJ a'Gor*J' raliw ￿ al ott*r arex Thesa acc4Jkndos our ¥erlng C￿nmItMent to ansuring th& w*b*ng of cw #*wie* use CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMrrED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENOED 31 MARCH 2023 In re¥rth￿ to the onw"ThJ paNJemic. our foc#Js ￿ infec*on ttfjtrol r8m8ins stèAdlasL aTrJ we adhwè to tho CQC lund8m•nta staThJard8 to ongjfe that our se￿ r¥)nslstsnty m80t highquaEty care borthnwrts. W• also ry)nducted 8 mcd( inSpeth.￿ of our Care Srn. led by an extsmal consuttanL Gurp4 whlGh culmin8tsd in an"twtstanding' ralino In th8 CarirwJ taiw and"GrAxf ratirqs across other areas. To further boost our qu811ty assurance. ￿ enlisted th8 exFWtw d a former CQC Inspecb)r. wlw) gulde u8 lrt red¢finlng internal 8￿j11 framthvork W6 vduts our ¥t8ff. 8nd 88 e￿d￿cl￿ by 4 I•￿t sl#ll survey, the majority of ￿re w(¥lu8 believe CATH a wJ81tlw to Th1$ f8•dba¢k r*lnfow ¢)ur conynitment to WOVKlirvJ a suppJfjv• amt Mwardlng wot< erNironment In 202212023, tyjr cornm￿1ty c•nlTr undwlwnt • wlo1 of wJbBtantial impro¥•mo￿ 8h7wd 01 ￿nh￿th9 88W. r•duckng •nor9y )￿suMp00n. #nd modomr£ir* its lrfrn8￿rl. Th08¢ UFgrad•s trAn8form&J our c•ntr• Snto 8afer. more enorw4ffldent. and w8lc(thlrg spa￿, SYThtd￿ng wr d•J￿tIOn to ￿ C￿￿UnIty wo swvo. LED Lwtsng Rwdutkn.. Our ¢>)mrnknw￿ lo •nvknnm8ntsl r81pon￿bllty d•no￿l•d thrtyjth th• rorA8e•ment of all fixturts wth ener￿ffiaenI LEO tethndoJy. This ywitth I￿)t orly rebwar&tt￿n￿1rVJ appro•ch to Ju¢hw •nvironmont81 imp•d and cyerntsrg crAI& Infialion, rfsing ￿sinesS Costs, and cost4)f4Ning crists. W• 8￿n0%￿l￿e the p￿Ssure cffl fron￿lne worker8 and tholr 9[￿oy￿rB. Nevorthele86. we rBrnaln dodkalod to onsurfng tho lowtoThn ava￿ablIty of our 8thco ￿1 staying respon8rrt the needs of local c4der pw¥Ae. . strang￿*￿ our ox*tsig tomF44te8 for 411 Or*rat￿81 a￿1￿1￿& s￿h as staff ￿paN￿on, SF¥It chaL*8. GPS monag•ment n￿lI¥j hwdlr¥J a rn8dkxfjL￿ Ob8erVaU￿ and competency assossment . Dala Sécurfty 8nd Pmtè#i￿ . embath of onharK*d dala sw*rlty and wolactlon parbcxp8ing in the Dats Seryjfity atwj Protsc*on T(¥)M IOSPTI. an an￿L￿1 6dFassessm8nt for hèalth and org8no8borns. Athièving Ihi4 $tsts* is rh)i onty SI￿￿1 saf•gu8rdirYJ informatkln bul olso abr¥Jl ana￿Ing the S￿cessful sharing of h•allh aThl tarn rncords am(mg he￿thcare provxlers through ts GP gat* ¥thm8. This iniliative 16 a tesl8ment to ￿C4)ntinuc￿ effwts ¢0 impmvg our 5•Ni￿. CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Koy operaliond and proc88trfot￿80d impmv8men18 In ￿r fvture strategy indud8'. Iconlk)ued} Enhandng Ihe qug11ty assurance templates for 8èNi¢6 usèrs. indudlng persoTrc8ntred rb8k a88088M￿. care and support ￿an8, case rg(YJrds, ¢41¢nl f•¢&10.fa￿ rovl8w6. and recruitment Pro￿￿$6￿. AS w• move fon¥ard. thgsè Inttlatlv88 wlll ￿8Y a ￿Votal role In oui 0)Mm￿onI to Improvlng tha qualty and aceessibilityof our Home Care & SuppNt Ser¥ice8. In c4Jnduglon, Iha flnandal year 202212023 has been marked by aehiev6ment8, chall8rqe8, and In uNav*rtng commItm￿t to dellv6rfng hlgh-qU8lIty Cere 8nd Supp￿ servi￿. OUT dedication lo 8Bfety. effld8ncy, gnd community l￿ba1￿j rèmaln8 at th• LW• of our mlsBlon. Wa look forward to another year tsf progr•8s. k*amlng and to our cormiunty. Below •re 8onwJ of th• ¢tsnF41ments w• r•COl￿d from our 8•rvl¢e u8•rs.'- 'Exc•lknt ov8rall wvlc•. You alw8y8 go abov• andtse￿nd to he* whwoyou cfjn... '18m vory m¢th apprnL*aled that all the carn wother8 pmvth h&h qtMIIty carn to my dad, helping hlm lo 1•8d• comfotsbl8 Ilh... . .1 wrt• to gndorne ond •xpres¥ my grglllud• for tho OXC811gnt servlc• ￿ hav• r8¢al￿d fmm the Chlne8• Assod&Uon oi fowor Hemlet8 wlth regard lo my molhef8 care. l ¢8nnol emphastse •nou9h how dlllggnt, dfrdl¢•t•d, pmf888lon818nd 3klllul th8 carers provlded havo b&•ft rggwd to ox1￿$fvg oarn my •ldgrty n￿lI￿n￿O￿l,, ' . .1 I￿v* bo&n very Imprnssed by the 861th of the helpern. Th•y h8v& klnd, ¢on8ld•rnt• and to my molhers'na6LY$.... Mr8. T. a l•* wlth t•miln•l cancer and In paln, wa8 not 10 8tan¢J up for long to co)k fcK hernell and h•r hu*8nd. H•r husbor￿ ha8 d•m$nJa $0 th•r• onty Ilmrt•d thlngs that h• could do or help out whh. Hor daLbJhlar cont8ct•d th• Chln•8• Associallon and requ￿￿￿ SorvI￿ for har mothar. r8quSr8d a Chin880 caro work•r to 8881st h•r vlth cooklng n(￿rt￿ous gnd vJllur8lly opproprt•t8 m•al8 for ￿ and h8r hu8b8nd, 88 well •8 dolng 8omè light #hopping And Ilghl hou&8work when needed. Tho Start￿ off with on• day • week, Mrs. T8 daLwhter gol th touth wilh CATH straight aftèr th• flrst shift fjnd sald hor rnothar wouhd Ilko to Incrn•$o the lo d8y¥ a weèk, a$ sha flnd8 thg car• wo￿•r to b• vary helpful and sh& 1$ ablg to onloy nutsiUou$ cullurally appropria¢& m&al$ and soups. Eventually, htr cancer Ireatrngnt8 OtOPP9d. and th& doctor tc4d her thgf9 was nolhlng olso to do as thè eancer had sprnad. AJI she was glven was morphSn8 tatlots to stop her paln. and sho was told all Ih8y could do was make hgr a8 comfortabl• a8 po6811￿9. Hor doughtor gol Sn touch vjlih CATH a98ln 8nd r¢qug3ted the ¥¥rvl¢e to In¢rg0$9 to thro0 dayB a w•k. 98 tha carg worker wes so helpful and ￿8￿ble ￿th her mothar'g WU88t8. and ab￿ to meet her needs. OM of th• rrfjmlnatad IndI￿￿u318 from CATH wènt to v18il Mrs. Tju#t aft•r Sho Incrogsod her garvk•6. Sha Informod her that Bhe doesn't h8ve long to live, so sho has d•cld•d to rnove back to Hong Kong lo ty out Ih8 Chlneue madlejna tra&tmènL hoping to prolon9 her lif&. Shè told thè Th)mln8t•d Individual thal the car8 work&r hod bagn vary hdphl. and h8r husbond sald th• mè•1$ wor¢ $0 ts$ty, h¢ realty trnloytd har cooklng. Belore Mrs. T moved back to Hong Kong, sh• asked th• ear8 worker to chal wlh her vthile pad¢ing hw ￿gUage. Shè was very thankfvl for tho 8erwces She frorn the care worker. 8rKI for belng floxlblg durfng the ￿me She h8d tanr*r tre¥tments and medical appoinbments. After sh8 retumed to Hong Kong, her daughter sent us an emall as below.. 'PirvJ I￿S PTDwded care for my murn 8nd dad for the pest 7 months. She has been B wond8rful h•lp to my p8rents, 8h8 haB cooked th8m tssty Ghln8s• fDod. d8an8d the hou￿, t8lk8d to thom ond boon very wami. frlendly. feassuring, cornpassionate, kind, rdiable and dependatAe. She has also begn vgry acc¢xnmod#ting vthan wè have had to chang8 th8 Imas of hèrwork shlft 8ornelirne8. CHINESE ASSOCIATION OF TOWER HAMLErs IA COMPANY LIMrrED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 She built 8 great re1th￿shIP wilh them from thè vory fir81 $hlft. whlth w88 Invdu8t4e a8 my mum w88 very h8ebt8nl al having È strAngèr kn h8r hom8 ￿en sha was foding so Vulnera1￿0, but shè quickjy came to depend on her, and $aw har as an old fri￿d. Wg $0 apwèdallv• of Plng's support. sha Is an In¢xadlt4e home carn wot*er and wg are 80 happy wlth tho 8UPPOrt she provk18d. Wt wl8h hèr and th8 ChIn￿o Assoclallon all the bgsL Al of tho team have bgan so wond•rful, ￿ great ¢0mmun￿t￿n. and wa are 80 h8ppy your sorvlcé exi818.' What a beautikd r￿Mment received frorn a client's famly membor, and It was rew8rding to hear th81 wo can make a dtfference for 80m8one who l¥ tsclng the and of her IKe. Intrc¥aucVon Tho story of Mrn. K, a dedicated benofi¢iary of our hom ¢ar• ￿1VIce for an impr8ssNe flye-y￿r peric¢Y, un￿11$ 8 norrnuvo rf¢h In $lgnrfl¢gn¢e. Alhough 8h• po98￿ unlmpalrgd mentpj facullleB, her heatth It8U¢8 have rngrettat4y1Smlt8d her daily lila, ￿th a self-Impo88d ratraat trom put￿lC spac8J. A r￿uM￿j th•m• In har Ilf• 18 th• p8rva81vo Son￿ of18olaUon and lonalln•s8. Chall•ng89 and Tumlng Polnl• For much of hol loumay wlth our 80rvke, Mr8. K'$ mo¢d$ w•ro 8hroudod In P•fs18t8nt d•8pondency. 8nd her overall lire per8pe¢Ov& rnmalftqd 18rgely pe66imi8lic. Howev&r. 8 plvotal momont arose in the summar of 2023 vthen 8he 8xwrknc•d g 8016tary fall at hom•. ro$u115ng In th• no￿$￿ty of hlp surgary and a subsequent ho8pltal 8toy. Th1$ mgrked 8 L¥udg1 tumlng po5nt In her story, r*￿It￿lIng four dally care calls durlng the ddicate p•rlod ol Ma￿&M•￿t. Unlortunaidy, the Introduction of nonvCantone8e•speaknng carts work•r8 into hèr carè Flan Inadvertenlly caused a breakdown In the support Sy7tem. ThlB lad lo her ￿￿fOund dl$8atl$fth and an Inu088lng fj•n8• of d•tschmanl. Emorg•ncy Int•rvtsnlk¥n And tho Path to Transformation In a timo of I￿•#1, Mrn. IC8 8on raathed oul to us, 8a6kkng amorgency a86i8tsnco lor tho duy• h• b• th•rn for hls mothor. R•spondlng wlth unwawrlng ￿l￿d and d8dicaUon, we deployed a $podallz•d ¢aro t•am, metICL￿OU5IY de8lgned lo assist Mr5. K durlng her recuperatbn tha8e. Th1¥ marked th¥ owwl of ¥ trwbgftymaUon81 porfod In WIWe. Our wpport r¢mainad $l¢adfast throughout her rehab4itskn, ulminatin9 in th• astablLfjhm8nl of a structured care roullna durtng wo4kdgys. Thg I1￿odUct￿n of Canton9SW8klng caf0 woth8r8 not only brfdged tho ojnwnun1￿￿0n gap bul also Tekirmlled the spark of cultural connection and r8PPOrt Ihat Mrs. K had longed for. A Profound Shlft In Parspacllva P&rh•ps the rn￿1 notoworfhy Change in Mrn. K's life l)e¢8me ovident durtng • r￿nt ￿n¥e￿atiOn. For the fir8t tlmo In y•ars. har dlsposldon wag notably op11ml￿¢. Wl¢h hoartfell gratltuda, she oxpr&ssed how our services had beer¢ her lifelin&, infvsing her IW9 Wth a newfound sonso of ¢omp8nion$hlp and SOC￿ interaction. She *)￿llY appreryaled our fl&xlblllty In accommodalng her caregiv&r pmferences, an element that hdd parts'rjjlar $lgnifirAn¢e for h8r. Th• suppcrt we provkled was deemsd nothlng lo$$ fvn Illfr¢h8nglng. Cond(ffjkn'. A Tolo of Empowomonl The r•markatla loum•y of Mrs. K $8ry¥8 8$ 8 poignant r¥mindgr of tho yofouThJ Impact that per30n8lized core ond unw8vering 8UPPOrt can have on an indNidud'6 lif& Our comrnitment to hor w811-bèing not onty Addiessed her mmedlattr cam n•eds bui a￿0 relgnitad her appr?￿300n for the transtomatfve powtsr of compassKJnate home car? du￿n9 tirnes of greal challenge. Mrs. K's 8tOry 16 a testsment to cwr dedication In not lust iMpro￿ng lives, but also fostsring ron8w8d hop8 and opUml$m In the hearts Df thos# w• salvo. CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMrrED BY GUARANTEEI TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 CFINESE INDEPENDEpif SCHOOL OF TOWER HAMLErs Thè 2022-2023 Annual Report fcff the Chinese Independent Sehtsjl of Tower Hamlets ICISTH) represents 8 Ihat was defined by a compelllng Inlerplay of a¢hbv&m8nts and ehallenges. underfinlng tho s¢h¢X)I'$ rémarkablg joumey over the past academic year. In light of the lingering influence ol the COVitk19 pandemic. the retum to ITr person dasses in thè 2022-2023 8cadem￿ ￿ar marked a svJnffjcant milestone. Tha s¢hod premises. ￿lett remaSn gxcluslv¢ to CISTH. have been effecuvely managed to en6ure Ihe safety ?nd welkbelng of the students. This dedicalion to safety and controlled access dUri￿j lesson hours has receNed accdadts8 from parents YAY) ackn￿￿edge the conduclve le8ming en￿runM￿￿ and th¥ sthjd's 8xcelient tscarbes. troart of CL8TFfs op8ratlc￿S. its academic progr8m8, dl8pW a c¥)mm6ndable sr*cburn of Off￿98 for students, encomp888ing both C8ntOn8se and Mandarin language courses, tslored to C8ter to a wide 89& range from Pl8ygroup to A-L•vd. The array of dasses avalable Induded Hay Group. Beglnner. Intamiediate, Upper Intern￿late, Advance, GCSE, and A-Levd levels. This diverwty of offerings ensures that students of vaiyng profidency levets can flnd suttable cour3es. theroby contrfbudng to tha SChc￿l.5 rèputation a6 a place of a¢adèml¢ excdlence. Tho slalslL% for attaThjan￿ and enmimgnt are worth c418tsfatlng. The Hthigvgmènt of an Impr8sslvo over 90% attendance rate arnong CISTH students signifies the remarkabl& ￿Mmitr￿ent they have shown tOW8rd8 thar studl88. In terrns of enthent, the school wel(x)rngd 8 totsl of 99 Students during tho 202Z-2(Y23 a(¥d$mic yg9r. The$8 $ludènts wèrè distributéd across Mand￿sn and Cantonese dasses, spanning an age group that ranged from 3 to 18 years Whll8 thgre was a mod&st d8dln8 In onrdment attrtbuled to th8 rt, Ythid) f8olrtaled tr8v81 wlItKsuI a vlsa. Afrtand's ass*nc• l•J to the submlsson of Ns Immi￿atic￿ ap[l￿tiOn pgrmworrt rnsKlgn¢a In UK CO￿ur￿nty. h8 grdptA&d wtth a long history of eye issues. reixiving treatment at Moorfdd Eyg Hosp￿. PandomlNdat8d dlsrupuons pr8v•nted rsgukr th•*4Jps, leading to ofGl8u&Jma and uva￿8. with svJht loss in his ThJht eye in January 2021. Destslu￿ enARd to inMnpr8bon stalus. forrang ￿lance on fr18nds for cal8 to GP and medication Work Undèrtaken.. ￿eel￿n9 (ase. exhaustive research le4Y to thg O[v￿M￿l of Praxls, a tharfty for migrants and refugee& Extengve dienl con8￿tk)ns. ind￿lI[￿j wists. occurred to assess ￿(￿¥1M[￿grati( related ne&Js. Syht enai4effl￿* tsniThJ was extend&J to a rffiabjn amling navigatui. The dient w8$ Inlroduc•J lo tha Chinese Associai•)n. offeriTrJ culbrt SFvific evwts to bc4stèr mwrtal heath. with safety Conmebon to Bike*nrks rxovmled access to a bike taxi wvic*J. r￿rnting rmblity and C4)mm￿lty engagement Medkatk)n relnstètswit to the wefefred Fliamwcy and a Fthclo cffi the wrJtgrgd tllrnl card facabtated. nation arrdn9èm￿ts and Wee￿ w￿￿te1ng C￿ from Blindakl 8ddrÈs5ed heath toncems. Ongjwty ￿pPI)rt Sc4ulon arwj Next Steps.. The c4gnfs palh IrAward •ntslJs rgsohjlkn of h18 immlgrafjon sl*Js.18ath'ThJ to pemanont res*kn(¥ vthh taibred axw¥Ttod*K)n5. ALLE5S to benefits *il enatl8 in(*ndenc*. v*hile continugd sight enablement ￿1n1￿4 WHI •rthanc* rrthdty. ExtAorww suitalle eft￿errt cf vclunteering ¢)FV)rtunFbès V&il further integrate him sooety. Addtbcnally, parudpafjon In ojokory d8ss88 I￿1C(￿j knr lh8 llnpgi￿l ￿ 8qu4J him wilh sklb and fostsf greatsr Ir¥Jependenca As Clwlties Aid F¢Jm￿tIon fundirs for ow Supr￿ e£•)th(Jes ￿ Mar¢h 31s( 2023. we strived to htev8 as muc* as p0￿blO wlthln lh¢ &n>)nth IlmofraTh fromw 2021 Praxls wll p•rslst In providirfj supp for the drenf¥ Homg offi(¥ a[￿cab.0n. na￿ga￿"rrfj the intri￿te and amassirrfJ essential d¢x¥mentats"on to V81kaate his 27-yew residen￿ in the UK A subm1￿ 1gtl8r NgNwJhts his VLlnornbllty ond rellanca on ial ￿1ViCeS fwtemporary hojsing aThJ r BIk&*D￿S WMI corrtlnue to inform the dwl of rel&vonl sodal w8nls. ensurrng his ¢tyffjnu8d 8ng￿ernent in the comnwnity. The ulbrnate sotLrfx)n is fDr tho d*nt to 8ttsin pemianent suilatle Bccommodthrffis with nwsary a(laptsOon8. and access to the benofts he rw•*gs ts irWTrwJont conlinuBd supk*Jl aThJ #okncy ellorts are Trthal to athievtng these obiecbbp& Our Propd W(xker serve ¥s an a0￿(￿ate an 8fvr￿kj male di￿t vAK> grnPFles WTth both vi6h)n and hewing ImpaimÈnt* He reskles wth hr6 vitfe. vtho has limited Englth tthiency. in a suburban area. The dient is relant on hés wrfe for rn(*t daly a(*￿￿¢$. ts¢ing to impa1￿￿nts that haw communicabon ar rnblity. CHINESE AsSOCIAT￿N OF TOWER HANILEf8 IA COMPANY LIMrrED BY GUARANTEE) TRUSTEES. REpoirr (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Asswm8nt.' Cornprohanslve ass8ssmont rgv8als agw8latod macular d8generat•￿ and catsracts 88 the Ixlprits bèhind the diènl'8 vision impaimenL Bilateral 50nsorineur81 hearing 1088 compounds hls challenges. renderir ¢ommunlcatlon and mtstxllty drfTh¢ult. Thg wimary issugs Lqnuuaga barrt•rs, Ilmlt8d 8odal Intwadlon, and transportat￿ challeng88. Intsrventions: EncwT8ging PBrtiupation in SorAai Athits'es: The dienl 18 belng encour•JtyJ to wg8ge in swal to ¢nh8nc¢ his well-being. Conne¢lw)ns to Iwal organK8bon$ such as Blindaid Agè UK have been •stsLqlsh8<1, offerlng lunch dubs, da$5es, and sotyal gathgrirgs sènlors. Outdcxjr excursions to parks and other rnC*é8tI￿ spgces 8rn 8190 •xplor8d. ExFloring Tran8POrtation Soluticos: Due to transportation limitations. w8 8rè r*sèard)ing and ￿Ordinatir0 Ir¥nsp)rtotson opfjon$. A bike w semce in the local area is being ￿nsIdered. offerlng all Opportunity for tho di•nt to beave home, partake in light exereise, and interact wilh others. Mtem8tive transportathon method8 fAvnp81itrA8 vthh I[￿￿On. cost, and knguagg barrt8rs are dso undar rovbw. A5695sing Addltional SupwrL' Discu8Sic￿S wth the dignt and his Y+ile reg8rding addlfjonal support opuons, such sitbng $8rviva or ¥hoppiry 88¥i8tanc9 from Age UK, are undgrway. CollatJorat#Jns wth the clerfs GP and SOLaal 8afVW4 oxplorg care 89sossment$ and potsn1￿1 ¢arg hom& affan98ments for fijtwe need& Engaging the Sight and Hearing Team.. Assistance in securing an appointmanl wlh the Sight and H&arfng Tearn to futher Vi¥KJn gnd hg8rin9 irnpairmgnts 1$ provKlgd. R￿rn￿ndatIOnS for h•arlng aids or visual aid8 b) Smprove conwnunkation and mobllity a￿ antlcipated. Lctal Area N￿gation and Tran$pc•tat*)n Tfaiftity.. To bclstsr the di•nfs eonfid8nca and Indepefthce, tralning on lo¢al aroa nav(galth) and public tran$ptsrtation ￿tI￿oI￿)n 1$ arrdngad. Thls 8mpcwars him to better navigate 8urroundlN> and utilize avalable tr8nsport8fjon. even the ts¢e of languBge barrier& Regular Fc41owThUp and Monitoring.. Ensuring the effectweness of inlervenlions 18 a prhjrity. Ongc&)g fOll￿-Up wth th6 diant and his wrfe, alongside coNaboratwJn with siakeholders h'k8 social seNir*s, ￿4th{ar& professionals. aThJ communty Organ￿a￿Ons. guarantees continuous suppc¥t and t8ilore(13djuthgnts a8 ￿ed￿d. In ¢onduslon. our muttS4lsdpllnary approach. comblnlng advocacy. social services, healthcare. •)d Community engagemenL has been ￿v0￿4 in addressing the complex ch8ileng88 fattèd by thls dd&ty dient wth sensory impairmants. By offertng support in ar8a5 lik8 Sc￿￿ engagement. transkKlrtation, addibon818ervleas. ￿8&0￿ and hèariNJ a￿ess￿ntS. and training. wr aim is to enhance hi8 quality of life. RegulaT monitoring and fdlowwup ramain to ansurtng tha dY4nl rgC8iVè$ $UStaingd support and that his avofving needs are met comwBFwnsivaly. Tha ccllaborabve efforts of stskehotders empower the dient to overcome barrigrs associated wth sen30ry irnpairments, fostering improved fvnctioning and 80ry81 engagem8nL Moving forw*d. our comrnitment to workire do581y with thè dienl. his wife. and rdevant parties wll guarantee ongoing prog￿$8, id9n* emerging needs, and 8dluBI Intsrvenlions to gnsure his continued wdkbeing and satisfaction wth the support provided. Through a comptshenslva. parsonwcerrtrèd approach, wa to ￿h￿rKe Ihe dienV8 qU￿ty ol lffo, promot8 thd8p￿￿ence. arnl fadlltate his Integratson into the community. LOCAL HONG KONG WELCOME FUMD PROJECT The LO¢￿ Hory Kong Welntributsd to lower attendaneè fvJums. CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY LIMrrED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 008plto thesè ¢S￿l8ngeS, ￿ made col￿r￿￿ effort8 to reath a tfooder a￿llence by a¢aNety &Y(￿OI.r￿j Zoorn 8èS8lofts through soclal mod18 thannels. This strategy yidded an irK¥eawl pgrtkipalhjn rate tlwh the ￿rtUal arfornL Howover, $4xne p8rt￿lp3nts expr￿ ￿t￿n$ aw qu￿ty, otxl we aro o)nddertr¥J conducling further testirwJ to enhance th• •Xp•r1￿ forlutura s8fflin￿. Aft•r ￿ch samlnar sowon. w• ¢t￿d￿ted Infom￿ $uNey8 to galn a dotspor und•rstsndiTh3 of th& n••ds And concern8 of Hong Kongers. Th18 process h)dudod group thswskns. c4nversthns. and feedback ec4lectk￿ efflal, ca18. Ihhatshpp ￿￿818p•S. arttl lh• •rKdment forni. Our fmding¥ und9rs0￿ swal W o)ncarn *ithin ￿ c4Yfftunty. Firnly, the of emeTg&J 48 a paromounl IB8UO, wlth many PArtidpants wilh un8mpbym•nt and fmandal slre88. S8c4Jndly, langua bprrlorB Fo¥•J ¥l9nffi￿rt huTd￿$ In acce88*y govemment $0Tr7CO8 sKurlng •m￿oYM￿1t In 9￿18￿10n3. In r8¥otW to chdl&ny8, wo k¥oathvoty r•lerr•J partidponts to ESOL IEnglLth for Spe&kw8 01 othor Lgngua9881 das889 off8r8d by B88C aThl Fl8¢xJ thè wglting li8t fof CATH'B ESOL da880J. Mentd Wlh •no1hw corK•m, a8 th• of a￿Ul11r￿a tr) a •nd ￿ltUr* b• omtionalty tsxlng. esp¢dally Itv iThJivKlu818 a¢rfv6d ef l•mlw. Fa8lln9s of I￿•￿t*n888 And londlnw partularty prmounced during svjnrflcant festty￿s as th• Lunar Now Yoor. Th0$8 surv8y4 hgve Served 88 Inv81u801¢ tc¥)ts f￿ bottor c¥)mkYthgndJro Iho rwJ$ of Hong Korrfjern and have gul¢M ￿ In lalorfThJ our siwwt to ad In thdr seanl•88 into tho wlder commuth. In conduslon, th18 wojact undersccffe8 polent rde ol ¥c4￿leerI8rn In community engwmonl and the ￿l￿¥0￿0n ol • lo￿9 of bokjnglng. A8 wè refiect on our joumey, ￿ are conskJ0rfng gst•bllshmont of o d•t11cated t•wn of KorwJ•r vdunts•rs to kww'd• orwrvJ in n•ad. as w& ccrAlnua our to fostsr an Indus￿ and w•k￿￿n￿ t￿r{MIm&nI for HONJ Kowrs In Lc*th). CTrINE8E WELFARE TRUST ADMIIIAL NURSE CUtIlC SERMCE Tho Chlngso wdfar• Admir￿ Nutse Cllnk pki wa¥ laurKI￿d In 26th S•pl 2021 It ra tho fl[std-ts￿nd rn1￿ Nurse ClinK to suppc¥t fwnilips INing with dementia frcKn the LoFwkn Chir*80 aTrJ southoa8t Asian ¢omnwnths a￿098 fivo LcAknn bmW$. BamgL Wl. Camd￿. Hanlot• Wethnslar. Famlh$ can mmunlcato th•fv4Jmlr81 Nurse In Ewllsh, Cantoneso. Mandwln. Th1$ plot 8•pAco ha8 bwn do￿Var9d In c(Alaborth t•Ath tho Chlnose WdfwB Tnrt a dwty d•dlcgl•d to m88Ung the neeth of olderty ChlnBse peOe livkng In the UK Admtrd Nur8e# ère s￿}1113t demerrfiB nurses t•tho wowde psythd¢>Jif*t exrért advic•. wtd knrform8llt￿ to 8¢cau8è of th• slgma surroLmdlng cfjTraftk)n arml Ihé lad( of ￿ralty approprfats dom￿[54 rèsour￿8 atvj 8ervices, the best supwt is even more (*alergirwJ kn famdies I￿￿[Wa wfith demenba frorn Chinese and utho881A8Lgn communlUe8. In Hanlets, the dSnlc is run on Tuesday? in the Chin8se AssocaallL￿ of T¢y•ffjr Hamlèts. a tharity glms gt pthdlng ossi¥tsnce ¥rbJ ¥uppryt to peoF4e of Chinesè (rrigln by off•rlng a(afvlbeB and home care 8uppcwL The parlnershlp 18 inVa￿aLle lo centre w*mber8 can attèss tho dlnk s6￿Ce In a safe and IruBied 8POCè. The data report bel￿* covers the Ilme 1st W 2022 to 31￿ 2023 a¢Jith•s related to chIr￿se 10- CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Betsyeen 1st ALWJUSt 2022 ar￿ 31st M8r¢h 2023. tlwe were 47 for t*nK app£￿1$ Tow Hamlets 137% 01 th• totd 127 wuésts).. . 15 appointm￿1 rg]uests . 30 dink appalntments were la)m￿et￿￿ . J ￿er8 ll)eeM￿t41dId I￿t snswerlatt8Th . 7 ￿re knappropriate requests {req￿st Mt m8èt crli8rla dinlc saryke) "Sorne rewested apOntments rnay not have been del￿￿ed yet How th• earèr htra￿ ab(xrt the cmnlc was re(X)I￿ ky each apFrJrrtm*rt rgW*t aNI c£rfnmcffj was thrLwgh 8gGtr 35 Chinese ofT(wr Harrdets. Thg &vw8ge tirne clinwl 8cUvtyw8$ 52 minutss (th& avery r8r#Jad from 45 trj 69 mlrtsi ainkal athlty was ddNered moslly via a mture ol face lo kn a￿1 telasthw conta(ts 74% are kleplK>ne c(¥ts¢ts. 23% are lo fw ¢ont* arKI the rp¥t 8rp video (41 Dementm und8rstanding arml gJpporL Most Cy)mnK￿ swpjsting adiwbes re(y)rded were $KJnpasting tho cgrors lo GP or primary cwe. voluntary1tr￿rd sector Health aTrJ s(K3al care worker cuThen¥y invc4vod in casè. Majority of the [￿r are femate and wjed from 61 to 70. Mosi of thern are the wfe of F*olè living d￿￿11& 86% offvm sp¢akltvJ Carrtonw 0Th1 rwjarfs t￿$&We$ as Hcry W Chir Hall of the peo* lthg dwnentia we and wY)ther h¥if •re fwnats. Mahyty of Ihem ag￿ from 7fAO. Most of thèm dk+3nt*èd th Ajzheimerfs disaasè. B3% of the patyle liv¥￿ with dementia prBfwred spaknng Ajongsidg working dir• famlies, Admwa Nur￿5 7Aryxk with othors to promot• b8St praclice in domentia car9. 286 $upwting best prad1￿ a¢JMlies. induding 5peakiw¥J to pr(ffi￿ and inforni awjle￿￿ atx)utAdrnirnl Nursè and rgcordgd frvm 13t SWgmbgr2022 to 313t Marth 2023 in 81 distsids Awar8n888 sossbns and uyoup int8ry8rfons b8en coThJucled to f8is8 VWBfBnps¥ rA 8twJ the dlnlc 8ervTce. Thus, expandirvJ diniC￿ support lo rrm farnIf￿ IMr•J *ith d8m&ntia. 3 dementia awareness sessions re offered in Chinese as8ocyats￿ ol Tower Han*ets *ith 20 to 30 partiripants from 26th Sap￿ber 2022 to 31st March 2023. AJI the Sessi￿ts ￿re coTrJucbJ in Cantonese and tcyc3 Ind￿18 ￿hat i% ￿ern￿ba" "DeThntia short Slnco estat4ishing tha r￿ati￿ship vthh thè chin￿ AsS￿la1￿ crf Tcwer Han￿ets, the dini¢ has bèèn abl• to offer apwntments to 12 familes and ind¥eca advÉce to many up tll 31st Marth 2023. Majority are members who attend the centre xtmtjes seTrice LL8ers of ¢ar¥ 8èth. Some of the 18rThli&s r•sidad in othw ￿r￿hS accassed din￿ wère ￿9n[￿d to beLwe m8mb8r of th8 8ssttio1ion Conlnuous campatgns. as merrr*ry *. are bery Flann￿1 TAryth the e•nts and local ewi5allo￿ to break ¢*vwn negabve stereoty￿6 and LabBling ofdemen 11 CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY UMrfED BY GUARANTEE) TRUSTEES. REPORT ONCLUDING DIRECTORS. REPORn (COPfflNUED) FOR THE YEAR ENOED 31 MARCH 2023 PLANS FOR FLrruRE PERIODS Our pnnkgry foojs ¢th rffj rel8￿1￿3 and nuthrirwJ wr partne￿IP with T¢yAw Harrlets Counol. thgside proacfv• th to •XP8nd pr￿n￿ in Il* mathet and lev8rn9& rèf&rrals from the NHS and Clinlc Commissioning Groups {CCGI. To engJre ojr flnandal ststs"lty, are comn¥tte4J lo tKoad8niThJ our incorr gow¢es. wfii¢h wl aft￿Mpa￿S fe￿Wed 8wvic8s d8sVJn￿j to rern￿n aff(wd8t48 for our Into￿Jad aLKli￿¢8. W• a180 aim to our r•uullm•nt off￿* and •XF4Jr• opi>J*unrtl•s for grr1￿ lh8 local ar•as, pthcula thr￿gh 6xt8Thlod 8htft I￿rn. A8 Part 01￿J1 rejuvenattrtj to wwate Invckneni CATH is embarking ￿ a wmpreherth websllo d8s&n tts ltrprolw aCt￿SIbl￿ty for voth8 Stak01￿. InL*￿Ing rnspoctfvo dknnl•. Staff. famly members, and frjndgrn. W¢'N lh￿ with en aG*ve FacgbTrJk and Twitttr f¥•d. ￿￿￿lya ws stsy ￿19n8￿ Ovor lh• noxt t1￿ yw8. our over8rthlrKJ ob*e 18 to d¢vat• ￿ 8tatys from'Gcth' to'CJJtstandlng." This r88dui• and st¥1•m•nt ol our asplrntW8 fty th• L)Jnlng h•lfvd•c4d•. By 2025, w• alm for Indfvklualj we to.. . EX￿￿ertt oxceplkmd oualty ￿Tt T*ith ow 8lrMng oulatsndk . Parba'pate &s equal partr￿8 th •h8F**g mtylg18 01 ¢gr•, • f•a w[¥￿ed by our annual 8wvey reaullB. . B•nofl1 from the of stsff wh) are S￿18, *￿UP￿ted. and doeFly v8lu•d. . Uollze t•thrtibgy th•1 •dvely worTth Ih8tr ¥￿￿ng and IndepondorK•. 8y 2025, our rAy•nWon to: . Galn recognltton 08 a w0n￿￿•nt provld•r olCfjn*nur*J￿b1••d 2urport •rmM Lorth •dult8 of Chkne•e orfgln vAth dW80 caro ar￿ support r•qUIr•frw￿ er¢£*npasslry fral *r8. th080 vhth kn8mlng and mental htsatth C)￿lan . Ensure ffflandal 8u8tslnablllty through tho athallon of ￿lled IncTh strewn8. pwtrwthlpj wlth the NHS private Indiv￿U¥15. Chlno8• c*ynmunty. PUBUC BENEFrr STATEMENT Th• Trugt¢os have *iU) the duty in sect¥)n 17{5} of the Charities A¢t 2011 tr) havg du• rn3ard to PLtbl bongfft guwjancg wb11s1￿￿ by the Charfty C￿nm￿￿On. Al aspeds of CATH'¥ *Drk arn opon to P8oplè who Nvo. tirk or siudy In L￿￿¢￿ BoroLYJh ol Ttyw¢r Hort￿•￿. ar#1 CATH ca)ntbn￿8 to wovkle a range d sora welfaro Borvlco8 and acts a8 an Important fry I￿ Chln•so comRNmlty. Th& actMts8 rnontioned above RE8ERVE8 Tho trusteesldlrect(YB rwxgnlse the need to ensure adeq￿te resources re6erve to 9¢x￿nI fc* unantlcipoted r•dudion of inrA)me or increaBe of expendilure. The Chinese of TtrAer Hamlets {CATHI Is ￿rr¢noY deperKlonl on ea￿d ir￿orne from Care to sustaln tts K*Vttl￿, as grants alone VKJthd not alkM* CATH to c¥)nluiu• operating. Thk% means rf there were to be o g8p in eamed Income it is likely Ihat CATH would have to ckjse ¢k)wn. To dosure rf fundlng dIffKLth￿ to happw trust88sI dlrectors have agreed to keep a c*tsin levd of fin8n¢i4 ￿selveS to that main operalions can 03ntinue for per*)d of al knt g rTh)ntrts. The maln conc*ms of the boaThl arn to ensure that staff can continue worknng, p￿rnarty lo S8￿re ftjnding cf to al(w CATH to up meeting its otdigabon to staff 8$ ¥￿1 that Ihgt 12- CHINESE ASSOCIATION OF TOWER HAMLETS IA COMPANY LIMrrED BY GUARANTEEI TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 STRUCTURE. GOVERNANCE AND IAANAGEMÈNT The Chlnwknodadon of Tower Hal￿ets a cornpany Ilrnitod by guarant80. The trusleos. who aw atso th8 diractors for th• purpos6 of company law, and WPW) s￿d during Iheyear and up to the d810 of $lgnatur• of th• fInona￿ statsments were: Mrs P Hayward Ms M L CheThJ MrHHWu Mr H Sdah MrCYI MrTVLe MsSLee (ADpolnl￿ S May 20231 None of the trustees has any beneficial interest in tho cc4npgny. Al of the trustees are Thmbers of the ¢ompany guarantsg to contslbule £1 in thg gvgnt of g winding yp. APPOINTMENT OF TRUSTEE8 Ap￿Ica￿orts for iy)t8nfjal Trustoes ar8 sought through reglstration vAth appropriatè local ngt*Thks and a86cKyali¢Jns, ihrough the ChariV8 website 8nd throLwJh invitstirA)s sent out in member maling& M&mborship of the t￿jard ol trustees consists of Ihe Chair and up to eight other twstees electsj ty member8 of Ihe Charity as determined ty ihe Charity's Regulations. Thè Board 8180 ha$ tho F4)w8r to cwt Persons to sèNt 86 m8rnb8rB ofthg Boa¥d until the next election oftrusts¥$. TRUSTEES INDUCTION AND TRAINING TnthoB take an a(al¥e ro18 In succ88sbn rAannlng. Potential Trust•O9 8r¥ Inltlaty provkl&J with reptyts that WM en#trAè thèm trj judgè whelhttr to rAJrsue sn appjinlment. Sk)"Ils Audit fomis are comFAetÈd pritx to an Interview wth th8 Chalr of the Charty and the General Manager. If candidate5 are regard8d ¥s suit￿8. and wsh to purnue an appointm8nL an OTièntstKJn se8SW 15 arrange(l. Thi8 forrns part of the onwing ￿dUCtiOn proc8ss and invc4ves Mee￿ng$ key staff. attendance ar semln8rs and Commkt8es and at least one Board m8eJng. Fe4lowlThJ satisfactory of the r¢cruitmEnt process the eoard wil recommend appointrT*nt as 8 Trustee. ORGANISATION Th• Board has tho ovfjrdll reswjnslbillty for tho wveman(x of th& Charfty. It moots al loa81 four timos 8 ygor. Regulations powers of the board and the authority delegated to 8en•?r staff. The Genera Managef iq nslblo for tha day lo day m8nag8mènt of thè Charlty, working ￿thIn the financial framawork. procedures and pcI￿S set down by the Board. The Genera Manager has delegatÈd 8ulhortty for human resource FAanning. emF4oymenl, 8eThlce developmgnt and flnancg. The namo of Ihè sanlor staff m&mber lo vthc4x day lo day management of1he d)arity is delg98texurfng reQuIr￿mants of sedon 396 01 Ihe 2006 Act othor than ony rgquirament that th8 acLL)unls give a true anfl fair view vh)ith is rK)t a rnatter constdered as part of an Independent exam1r￿tIon.' or th8 ffinan¢kql $t8tament$ havo not bean prgpared In accthance wllh thg mglhods and prfncSpl88 of the StAtamont of R6commended Practice for acLounting and rs￿rting by charities apFAicable to d)8ritiès pr￿aring their accounts in acojrdance ￿th tho Flnanc4al Rgwttng Stsndard appllcabl¢ In the UK aThJ Republic of Ireland (FRS 1021. I have no concems and have come across ￿ other matters In (¥)nn8etlon wllh the exarnination to whid) attentlon shO￿d ￿ drawn in thi$ rèp￿1 in ord8rtr& en8trAe a woFer understsnding of th8 fin8ncial statemenis to be rèached. Goh Yong Chong 8l¥er Levan• {UKI Limlt•d Chartved C•rtffied A¢￿Unt4￿ts 37 Warren Street London WIT6AD Datsd.. 2211112023 15 CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY UMrrED BY GUARANTEE) STATEhlENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE Accour FOR THE YEAR ENDED 31 MARCH 2023 fund• 2023 fund¥ 2022 fund• 2tyd3 2022 Dtsn8tknns and )ntrnct Incc*ne CharStstrAe aclMO88 Inv8stments Oth•r In¢om& 340,$91 46.449 340,591 81.368 319.504 44,501 319.504 124.357 3S 13.515 34919 13.515 3W),992 34.919 425.911 377,$55 457.411 CharltatrAa aclbvl 348,589 85.130 433.719 321.554 348.277 Grw tran8f•r8 lund8 N•t IncomthI{•Xp•ndl￿r•l lor th• y•arl N•t mov•m•nt In Iw <2.1841 2,184 42.403 (50.211) (7.8081 53.817 65,317 109.134 Fund •t 1 507,205 80258 587.463 453,38 24.941 478,329 Fund b•l•nc•• •t 31 IA•r¢h 2023 549.608 30.047 579,655 507.205 eo,258 587.463 Incorrb• •nd ox￿￿111Ure fmm rnntinulrN a¢b¥il*& The 8taternenl of finan¢id ath'vitie8 8IK* cc17)F4i88 with the rnquirwngnts kn an ilf•)me and a¢DJunt und•r th• 2006. 18- CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY LIMITED BY GUARANTEE) PALANCE SHEEr AS AT 31 MARCH 2023 2023 2022 Flx•d assets TanglN8 assets 11 8,287 3.116 Curnont auèts Debtors Catsh at bank and In hand 12 56.435 544.208 39,499 574,285 600,643 613,784 Crèditors: amounts falllng due within on* yéar 13 129,2751 129,4371 t ¢Lwrent ass8ts 571,368 584,347 Total as8•ts le￿ curr•nt11oblllUtr• 579.65S 587.463 Incom• funds Rostricted funds 15 30,047 80,258 Desb3nated fvnds General unre8tricted ft4ThY8 16 4,140 4,140 503,065 549.808 S07.205 S79.655 587,483 Th6 ojmpany Is entlded to the exempti1￿ from the audlt r8qulr8m8nt Gon￿'ned in $8clhJn 477 of the Companies kt 201%, forthe year ended 31 Marth 2023. Thè difectors ackno*tslge their responsiblitses for r))rnplwng with the requiremgnls of Iho Comparlles Act 20 ￿speCI to ac¥xJuntng records and th& preparation of financial statements. rmmbers have not required the (ompany to obtain an audil of its financial statements forth8 year In quoslion in anc8 whh sedon 476. The50 fiMn¢lal statgments hav8 b88n wgpared In accordanc8 Y4ilh tho provlslons a￿￿￿tle to o)rnpan￿$ sut4ect to th¢ $mall o)mpanies regime. 11 kjorfl Th& financAal statements were approved by the Trustees ￿ ..................... 2011 MrCYI Thi•tee ¢omp#ny regi8trati¢*n Thum￿r 0172(A98 17 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2023 Chority inlwmatl¢)n Chin888 A$$otsalk￿ of To**r Hanlets is a private r￿p9ftY limtied by guarantsts wKcrfp)rated in England and W810& Thè wi8tered office is 680 Ro*1. L￿d(￿. E14 7 The financial stalements have been prepgred in with the Chfirwse hswal*Jn Handets's memorandum and articles of as￿￿ati¢￿. the ce4npan￿S 2006. FRS 102 The Finan(xal Rwxting standerd appl￿￿9 in the UK aThJ Repubk crf Ireland" I"FRS 102.1 ar•J the Charities S(W"AttwnUr•J aThJ Rwting by Charities.. Slatsment of Re￿rn￿ended Prai*ce ap[1￿￿￿￿e to charib8s pr•parirKJ their accounts In accordance wilh the Finan¢k81 Reporbng Stsrmjard apF4icat4e in ts UK aNI Re￿1¢ of Ireland (FRS 1021" leffectiv8 1 janu￿ 20191. Thè Chinese Ass(Kaabon d Ttrrt**r Hat￿ is a Put1￿ Benefft Entity dofinod by FRS 102. Tho 1Snandal statements are in Is the funthon* ￿N9n¥￿ crf ts Chkne8e A33od8Yon PJliC￿ arn s8t belc* 1.2 Golry ¢onc•rn At thg timo of approving the finarnial ststements. the Irustws hav• a Tea50natle exF￿alon that the Chinese AS￿L￿tiOrt ofT(v￿r ha5 8thiu8LÈ to OkwaI￿n81 existence for the ftresge8blè future. Thus trusi¢¢s lo the gY*¥J L¥xKem baws of aCr￿unti￿ in prepArrvJ th• fin￿cial ststemonts. 1.3 ChJrltsbh fun unrestri￿ funds are a¥*il8 for at tr£ dis¢yethgn of thts trustees in fLwlheranca of thdr ¢*arttaWe Designatsd funds cfjmFrrise funds have Lw set a8id¢ al the d￿C￿"On of th¢ trus1￿ for speo ReSt￿ted fvnds are subject lo S￿1￿ coTrathns by dcTh)r8 as ¢0 they may be uged. Ths a￿1 1.4 In¢om• Inc4)me 18 r•(xwknJ T*thgn Asscxkn d T￿ Harrlgts Is lagaly 8ntiil8d to it •ftw any Fknnce L￿nd￿t￿$ have been the amwnts bè mèamd reliatty, a￿1 it i* prob8t4e Ihat incoff wll b& r8ceNed. C8sh (knat#)ns are re￿gnised on Other dfywtions are recxJgnis•J onc* thè Chinese Assoryation ol Towor Hamknts has bewl nobFRd of the donaticv). pwfornan¢e (xJN16b'ons wuire deteTro1 of tr amount Inrm l#x rtcaver8ble in rd8lKm to donati￿ under Gift A*J ￿ dÈ8ds of cxwenant ' re¢OgnIs￿ ai tho tlm& ofthe donat¥)n. Lagaei8È #rn r•cts2nis•d ￿ reLaipt or OttrwV￿e if the Chin•se Asswat*Nh of T(ApMr Harrlets has b8en )tifi•d of an irryending dl5trikxti￿, the ar[￿nt Is knMI. and receipt is expected. If ihe •[Th￿nI IB not 1B- CHINESE ASSOCIATION OF TOWER HAIIILErs (A COMPANY LIMITED BY GUARANTEEI NOTES TO THE HNANCIAL STATEMEiifs {COlfflNUED) FOR THE YEAR ENDED 31 MARCH 2023 {Conllnuodl As$8ts for dl8trlLMJUon aro f8¢09n￿ dklrtxrt•J. A859ts frjr us• by the CNngw As￿da￿on bg1gnc• 8he8t pu￿0808. 1.5 Exp•ndliur• l eXpend￿Jr0 58 8¢fAYJrttod fty on gn wJual$ b* and h88 boon dassw undor ha￿lIr¥ that ￿￿rOga￿ costs reLryted to tha ¢at•90ry. Wh8(• C4xts cannol be dirw* 8tb*AthI to part￿r h￿di￿a# h8v• been alocated • basi$ OJ)￿s￿￿t use of fv resouT¢o8. Jmprito al oxts Invthing puilK w4x￿￿tabl￿Y of the dwlty ts c￿￿￿nCe wuigtion 8nd good Supwl costs Induda eentr81 functkJn8 and ho¥e beon •%x4t•d to ximty Ca)Jt ￿t¥￿I•8 on a )rthtent wlth tho uqe of T•S¢mJr￿. ry 41(ttllrrfd propwty o)8ts by Iloor 8r¥a8. or pgr ca￿ta. 8taff c06t6 by the sp•nt arKI othw costs by th•ir w. 1.6 T•nglbl• ffix•d ••••ts T8ng1È4• ftxod gssets are I￿￿8￿Y mèèJuf•d al CO￿ end 8ub••wandy moa8w*d at o)8t ry v4lu8tlon, not ol dapr•SaUon and any Impaknwnt I￿1•$. D•pfe(*kn h re(x)gni￿d 80 a$ to *rft• off th• *))* or vahkn of 8M•ls Iw tr￿￿ r••klud 0￿r th•lr u89fv11fv•8 on lh• fOlty￿ng b8888'. Flxluw fftrings & Tho galn or1088 arfdng the ofan asset is detwn4nod 88 the drfferonc* b&h￿ft th• 8de procoedi •nd fv carylng valu• of the aB8oL and kn th• stat•ment of fina￿¢1•￿￿tI•6. 1.7 Imp*lrnMnl al flx•d ••••ts At ￿ch raporlng end date, tho c￿￿e8• A8Boc4thn ol T¢x¥w Harnlots revw4 th• earylng alr￿nts ol Its tsngitrAt assets lo delernine *tsther Ikwe ts any Indicalth Ihal th08e 8ss8ts ho￿ 6uffere4J an lryi*mont 1088. If any su¢* Indlcabon oxlsts. r•mr8bl• arnount of tho assgt h •slknat•d In ord•r to d•tsmin¢ t Oxtent Oft￿ 1rnwwn￿1f Irf •ny 1.1 C••h •nd ￿*h •qulv4•nt8 C8Bh and cash equlwd￿ftts indude cash in hand. iknpjsits hekj #t c￿ wth banks. other short-temi Ilqu inimstmerts with tyigind m8turil*s ol thrn• monts or less, and benk ov•rdrats. Bank overtralts ar• $h(hvn v*IINn boffrfftlw8 In oJrrgnl ItaN 1.9 FlTh•nd￿ In•ln The Chlnose AsSoaati'C￿ of T0￿r Hawlets has to aFpty the provk5K>ns of 11 '80￿C Flnan(4al Instrum•nts' and sectiL￿ 12 'Oher Financial IMtNments lssu•s' d FRS 102 10 all of Tts finanod instruments. FIna￿al Instrume￿ #Te rewJni&od in IM Awiaoon of Han4•tsS bolaM* sheel Ththen I Chln888A8socaatI￿ ofToww ￿¥￿￿ets beconw F4fty to lh8 FNov*kn$ of lh8 In8trumenL ¥￿et5 lablities ore off59t, with tha net all￿nIS presented in the ffinancbol statements. 7Athen tmre 09 A legdty enffrnble right to set off the rectynthj amtsjnts a￿1 there i& an intèntion to sotlle cffl a net b8sk8 orto asset and satde tha Ikblty dmultane•. 19- CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE HNANCIAL STATEMETr￿ (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 {contInu￿) B8*c ffinara Assets. whK* njude debt0￿ 8nd cash and bank balances, arè inttialy measured transacaKffl wico inthding 1ranS*￿ costs and arn subsequenty wr￿d at amcrftisejj cost Using th¢ •ff¢cl interest methcKI ul￿e$S the arr8￿jeMQnt o)nstibJtes • financing transac1￿, wl*re th& transa¢*cffi is moasurod at th• present value of Ihe ￿lpts dIscoJnt￿ at a mark81 rydtè of interesL FinanrAal a8s$ts das$rf￿￿ as rec&vaile *ilhin rTh yeBrarB Impgirni•nl olflnanclal assets Finan04 assets. oth& than trK)se held at fair vakJ8 thrwgh ar#J ewdrfure. are assessed for Indlcatnrn of Impairment at 8￿h repylirvJ dato. Flnanad assets are Érnpair*1 *theTe t￿le thiectiv• wdence thaL as a ￿l￿1 c* one or [￿re events that ctayred atr1he HiitHI recC1Jntt￿ d thefinanu81 asset, If an asset Irnpawed. the Inpalm￿nt loss ss the diffti￿ beiween the fArrfflg arrthint and the present Value of the eslSmatsd L¥8h dw)unt*J at tho as68Ys cyvjinal 8ffocthe interest rate. Thè Inyinnenl108B If there is a docTrase in ihe impoiwt loss ari*ng from an wnt occurnMvJ after Ihe impgwment was rwnised. th8 Irypaifrneni l¥ rov•r*J. Thg rovor5al is ￿dI that th& (￿rrent rarrying an￿￿nt does not excAed what the wying amtyjnt wc¥Jd have been. thè impairment Th)1 pmw)usly been rwnwd. irnpairmwrt r8v•rsal 18 rwnis&J bn n&t incomgllexp•idttur8) forth8 year. D•rncognbtlon of fin*ncial ass•ts arè setlled. ￿ when 1he Chinese Assots"abon of Tc•AW Hamlots transfers ihe fin8ntsÉ4 assel and sub318nti8lly all thè risks and rewards ovmwthip to anothef entity. or il some ￿gnffjC￿nt tsks and Tewards of ¢Jvmership S￿ retain•l but ts)ntrcA of the asset has transferr&J Io 8notrw pty that E at40 lo sd the asset in ts entirety t* an unrdabd tr*d paity. Baslc finandal Ilabllrt108 Ba31¢ finandal liabilhies. inc*Jdirg creditors bank I3ans are inrfiatty r•cLyii￿ * transadlon prtce unle¥6 the arr8ngement conststu￿ a finantsry transacbon, whwe trbe ¢Sebt insInJ￿nI is measured at the prÈsant value of the future pa￿￿ts discJ>Jntsd at a ￿Arket Tats of intwesL Finanu* lithldies dassitsj as payabbe wAhin one yw not amorli58d. Trade ¢rodltors are ot4tgalrns to pay ffi)r ￿￿¥J$ or s8ryices that ￿va acquirgd in ordlnwy cour39 Ot opèrations from SU￿lers. Amunts payat4e are c4assiW as ojrrent lialxlibès if paymerrt is du& wthin c year or le86. W n(t th¥y arg prosen￿j as nor￿￿rr￿1 Ikat4&bes. Trdd& cr8dltors are rewi8èd initialty at nsxtion wice and subsg4uenty measurad at o)st usmg the eff&thtr interest methc4 D•r•¢ognltlon af fin¥nwl Ir•blitl•• FinaThid li8￿1￿18$ are ￿e￿r￿jniserf whèn th• chir￿eAS9)u8tsm of T￿atr H8ffl81s's (x)ntrathJal obl6g8tion8 ptro or are dthrged or ¢anc419d. 1.10 Employee b8n¢fv cost of *)y holiday entilrt is ￿nI￿1 in peri￿￿ in tho emF4w's seNc85 ¥r¢ CHINESE ASSOCIATION OF TOWER HAMLEf3 (A COMPANY UMrrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMEpifs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 IC¢)nllnu•d) 1.11 R•tlr•m•nt b•n•llts 1.12 Gty4•mmwtt grnnts (>)vemment grnnts arn recognised at the fair value cl tho asset r￿1ved or r￿Nabl8 wh8n there Is reosonabl• asswance that the grant coThYibons met and th& 9rants wl b8 r•c*ved. A grant that speufies perfcrfmm ￿nd[tiOnS is r&xgnised in the PÈrtom)8nrL conditM)ns are rw. Whère 8 grant dc¢s not $Podfy perfL*7nanc• ¢xJndrtws li i8 rw1￿8￿ in income when ts wwoeds r8ceived or 1.13 Cornp•ny Stsl Tha charfty Is a ￿MpanY limited by gU8rantse. Tht m8mbers cl the compgny ar• the trustees named on pago 13. In the ev8Trt ¢)f thg th¥rity bolrtg wouTh1 up. the IthINJ83 in rpspK* of lh9 guarantee 1kn(tad to £1 pgr member ofthg ¢horfty. funds funds general 2022 2023 Dffi8tions gThJ g 2.*2 337.829 2278 317226 340.591 319.9)4 London B￿h OfT04￿ Ha￿￿81$ London Borwgh of Islingt London Borough of Had4ney 151,868 44.791 19242 121.728 146.539 42.364 16.444 111,879 337,629 317.226 21 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMrrED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 In¢om• from charitabl• actlvltl•s School Ive& •nd oth2r Tot•1 2022 2023 Sal88 wlthln tharftablg aG*6vhi•B Performance relatsd grants 46.449 46,449 34.919 44.501 79,856 34.919 34,919 81,368 124.357 An4ysis by fund Unrestrlrted funds- general R9StrfC￿d funds 46,449 46.449 34.919 44,501 79.8 34.919 34,919 46,449 81,368 124.357 For tho y￿r ond•d 31 lrt•r¢h 2022 Unrestricted funds- gener81 R¢thct￿ ful￿8 44.501 44.501 79,856 79,858 79.856 44,501 124,35T Invatm•nts Unrnstrlcted Unregtrl¢tsd fvnds fvnds gwn•r•l g•neral 2023 2022 Interast recelvat4e 35 Unf•8trfct•d Unr•sbl¢t•d funds fund¥ q•neral g•neral 2023 2022 Other irKomts 3,264 13.515 Otr*r Ir￿oMe Incudes Coronavirus Job Retenfjon Schem¢ grant of £Nd12022: £13.370). CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY UMrrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMEpifs ICONnNUED) FOR THE YEAR ENDED 31 MARCH 2023 fvnds 2023 lunds nds exp•ndi¢ure w*ndlture 2022 2022 Staff o)sts Fc*xlAunch8cffj dub Hom& car¢ prcit Chinese 8L* Rent 310.(%1 54.424 364.485 306,530 5,077 5.079 5.328 1.OTT 17.215 2278 1.761 1.528 1.347 15.94S 322.475 5,328 1.077 16.412 1.822 10 S.009 10) 11243) 1.427 201 210 573 (1,0421 1.837 573 1.259 637 Trav81 Ir￿U￿c4 Rgpair5 and ¥nawrten Trdinmig. bts)ks & subscrfpJo 1.751 1,287 2.154 776 10,OXI 431 1.121 3,4(Kl 1,552 10.IJ30 570 1.514 6.111 2.762 Bank eh8rges Tdépho Surkjry experws Deprecietic 570 1.126 1.420 2.762 511 511 1.701 3,780 1,039 161 217 3.537 4.691 243 1.039 161 345,253 84.2 429.549 317,454 26.723 344,177 (see note 7) 4.170 4.11)) 4.100 348.589 85,130 433.719 321,554 26.723 348277 by fvnd Unrestricted fiJnds- 348.589 321,554 85.130 321,554 26,723 Rastrlcted funds as.1￿) 26.n3 348,589 85.130 433.719 321.554 28.n3 348.277 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Support costs Gov•manc• 2023 2022 8a•ls of aMo¢adon Prof088h￿￿ f￿• 4,170 4.170 4,100 50% Chlneue School SO% Home Care 4,170 4,170 4,100 Ch8rft8ble a¢lW•8 4,170 4,170 4,100 Govemanc• ￿$ts Indud• foe5 of £3.42012022.' £3.3001 lor an Sndep8nd•nt oxamlnation. Tru•t• Nong of th• trust•88 {or any pereons ￿n￿￿ted wlth thernl ra¢elvgd any remun•r•Von or benefft8, or dalmed any exp8no￿ from tho Chlne80 Aseodalbn ofTowor Haml•ts durfng y•ar. Employ• Numb•r of •mploy••• Tho av•r#w m¢)nthty number ornployo•8 durSng Ih? yoor Ilrtdudlng trust￿•) wag.. 2023 Numb•f Numb•f Management and admlnl8tr8tK)n Ch8YltaNe 30 28 39 37 Employm•nt ¢o•t• 2023 2022 Wy$ and salarfés Soclal se¢urlty t>)$ts Other p•n8lon cost8 336.089 14,238 14.158 305,154 3.298 14,023 364,485 322,475 The key manapm¥nt personnel ol the Charfty cornpriBtr8 th• Trustee8, G•noral Managor, Nomlnated Indivhlu818 8nd Head of Chinè88 Sc*cd. The tow ernp￿￿ benefft of the key mn8g8ment per8onnel of the Charity wore £64.22012022 '. £57.5271 No 5nd1￿U81 empbyqe r•¢¥W beneffts of mor8 thon £60,000 durfng the yeor or pracading ￿•r. -24- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTE5 TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 10 Taxauon Tho charttablg o)mpany18 8 regfistergd charity aTra18 not SLthj•ct k) ctyporallon tax on its ￿rrIn1 acti￿￿e8. 11 Tanglblo flx•d ••••t• Fl¥W fltlw & •qulwn•Dt Co•t Al 1 Ap￿ 2022 Additk￿8 34,519 7.933 At 31 Marth 2023 42,452 D•pr•d*tlon •nd Imylrni•nt At 1 Aprd 2022 Dopr¢dallon ¢hargod In the y•or 31.403 2.782 At 31 Marth 2023 34,185 Carrylnq •mount At 31 March 2023 8.287 At 31 March 2022 3,118 2023 2022 Amount• hlllng du• wlthln on• y••r: Pr•pByments 8cc¥ued Incorn• 56.435 39,499 13 Cr•dlt¢rn: 4moun¢• f•lllng du• wlthln on• y••r 202J 2022 A(￿u81B and deffjTr￿ kncom 29,275 29.437 14 R•tlr•ment b•n•fft •ch•m D•fin•d contrlbu¢lon gthem•s Thè Chinese AsBo¢i8tion of TE)wer Hamlets operatas a d&flned ¢>y*trlbullon pon8p)n schemtr al quANtyng 8mploy888. Tho a$8ats of the scheme or0 haid saparalety fium those of thè Chlne8e As8od8llon of Tow•r Hanl8ts in #n Independently 8dministor•d fvnd. Th• ¢harg• to profft or loss In r•spect of defined ¢onffibuYon Bth•mès wa8 £14.15812022- £14,023). 2S- CHINESE ASSOCIATION OF TOWER HAMLErs (A COMPANY UMrrED BY GUARANTEE) NOTE8 TO THE FINANCIAL STATEMENTS {CONTr4UED) FOR THE YEAR ENDED 31 MARCH 2023 15 R••trktsd ov•m•nl In lum1• l Aw112O21 I APTU 2022 w•Mur¢M •xp•nd•d JI M1￿h 2• Opportynty Cgntro ProJ•ct Youlh Chlb fter SclK)ol Homwk After SchcKJl 8POrtlng l Dor8 Prnlecl Jack P•l¢hoy Pro￿ Ehjety Lunclwn Ck Core ChlM8• Now Year Event East ErKI C¢4nmunlty Found¥lk Covi>19 Project for Chine86 CAF FuThJhvJ Loc41 Hong Kcm9 Wdcomo Fund PTQig¢t 1.403 222 2,161 4.938 3,497 2,161 4.938 3.497 2.161 4.93 3.497 (9981 (2.184) 2,184 4.484 629 4,484 529 529 343 4,631 533 (2.Wl 120.981) 78.156 57,175 27,719 (80.2631 (4.867) 24.941 128.7rJ) 2,184 80.258 34.919 185.1301 30,047 CHINESE ASSOCIATION OF TOWER HAMLErs IA COMPANY LIMITED BY GUARANTEE NOTES TO THE ANANCIAL STATEMEKrs (coiiriNUED) FOR THE YEAR ENOED 31 MARCH 2023 16 D••lgnat•d funds Equ￿rnon1 T*aft￿nt fvnd 4.140 4.140 4,140 4.1110 4.140 4,140 Tho tru8tw• h•ve do*notsd furth al £4.140 to thg futsjrn Lut ol ST & ryynmurkaow of ltr 17 Andy•h ol n•1 aM•t• l*tw••n fund• Tot fund• 2023 nd• 202J fvnd• 2022 fund• 2023 Fund b818nce8 at 31 Marth 2023 ar• r•pr888nt•d by: T•rKJit4• 98881# Curr•nt aM•t•l(WllUw) 8287 541.321 8.287 3.116 671,368 004,L 3.116 584,347 30.047 80,2S8 30.047 579.655 $07.205 80258 687.483 18 Op•ratlrtg l•M• commltm•nl• Al th8 r•pJrUrwJ end dat• the Chlneso Assotsabon 0rTtr￿r Hamlets hèd cArt8landir• ctmmth*rt8 fc¥ lulur• mlnlmum le48e ppymthts under Try￿?[￿18t4e Operatt￿ k8se8. 1811 due as fcllm: 202$ 2022 Wlthln on• s 15.125 19 R•lat•d party tr•Ma¢tlon•