Charlty r•gl$tratlon numb•r 287813 (England and Wal¢s} Company r¢glstratl¢n numb•r 01720498 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITÉD BY GUARANTEEI ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARATrrrEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs P Hawd Ms M L Cheng MrHHVIu Mr H Salah MTCYI MrTVLo MsSFLee Seuetary MrASLChau Chartty number (England and Wales) 2878f3 Company number 01720498 Reglstered Offic• and principal address Sah)r3 Palace 680 knmeraal Road L(YKlon E147HA Independent examln•r Gth Yong Chong Xeinadin SL Limitgj Chartered Acc￿jnIants Levd 5A. IAaple HcMJse 149 Tottenham C￿rt Road W1T 7NF 8ank¢r4 Bardays Bank PLC Canary Wharf Bran 2 Churdjli I Pla¢e Lond￿1 E14 5RB. CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI CONTENTS Paga Trustees. report Independent examinerfs report 18 stalemenl of finanrAal actiwlies 19 8al8n¢e shaet 20 Notes trj the financial siaternenls CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present thelr annual report and financial statements for the year end8d 31 March 2025. The financi81 ststem8nts have been prepared in accordance wtth the 8ccounling policies Set out in note 1 to the rinancial 8ts1emenls and comply with the Chinese Association of Tower Hamlels's memorandum and articles, Ihe Companies Act 2Q06. FRS 102 The Financial Reporting Standard applicable in the UK and Republic of treland. and Ihe Chariiies SORP 'Accounting and Reporting by Charities.. Sialement of Recommended Practi￿ ap￿iCable to charilies preparing their accounts In accordance with the Financial Roporting Standard applicable In the UK and Republic of Ireland IFRS 1021.. PURPOSE. VISION AND 08JECTIVES The charity's purpose as set out In our constitution Is lo prowde a compr8hen8ive fange of servKes {w8lf8ra, community care, educational. laisurè & réera8lion818nd p$rsonal development) lor the Chineselvielnamestr Community in and around the London Borough of Towèr Hamleis through 8 3UPPOrtive environment and a comrnitment to promote user involvoment. Our visity) is lo ensure that the people we serve live in a sensilive and compassionate enwronment, have 8c¢ess lo services that meet their physical, material and effloticfflal needs, also. they are able to r¢a¢h the quality of life to which every individual aspires. The organisation's ethos is of ompowermenl and enabtemenl. We are driven by our mission to enable people lo be the architect of their own lives and b8 Irealed wlh dignity and respect al all limes. Our fooJs is lo work with and for thosè living With physical, sensory or Men￿ irnpaim)ent and in so¢lal Isolation. induding those wth serious and enduring montal health diffiCul￿eS or dernenlia. language barrters. or a carer role. The objects for which the Association is established are:. To hèlp disadvanlaged persons of Chln&sg orfgln who lfve. w*)rk or stsjdy in and around London BoroLuh of Tower Hamlets Ihereinafter called 'lhe area of benèfit.) by the establishment and mainienanca of an inf¢)mation and advice centre and an Opporiunily Centre. To prornote the welfare of Chines8 8ldedy and disabled peO￿e whith now or hereafter may be deemed by law lo be ch8ri18blè within th8 said area of benefit. To provlde opptsrlvnilies and facsliii&s for ihe $0¢1o1. edU¢afj￿)aI. culiural and physical development ol young Chinese people of the said area of bènefit. In thi8 Mwnor8ndum of As$ocA81ion 'young Chinese people, means people be￿en the ages of 8 and 25 years. PRINCIPAL ACTIVITIES Thè Chingse Aswiation of Tower Hamlets Ss a charflable company limited by guarantee and is governed by m8morandum and artides of assoc4al1on. The principal activities of the Association is Ihe provis¢on of serylces to Chinese and V￿tnames0 community in the London Borough of Tower Hamlets through project baséd programmes providing spacific service8 to meet the needs ol Ils user groups. We are a local organizalion that understands the ne•ds And 8sp1rati0r￿ of local Chinese and Vietnamese people. Every year wtr svpport hundreds of older peoplg of Chinese origin to live life lo the full. maintaining control and ind8pen(len¢e. The organization's ethos is on• of empowering and enabling petspi8. The Staièm¢nt of Financial Acliwties for the year is set out on p8ge 19 of the financAal statem$nt$. CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 HOME CARE SERVICE Th8 Chlnose AssorAation of Tower H8mlet8 Home C8Te Servlce dellv6rs hSgh-quallty, culturally sen$ltSve, mpasslonate, and parson-centred care deslgnad to help cllents maintain their irthpondenca and ￿n￿nUe Ilvln9 mlort8bly In Ihelr own homes for longer. i)JT t8llored support Indudes per80n81 care, domesllc 898lstonco, shopping, m6al preparauon. companlon8hip, hoMo-ba$gd respite. community de￿$8, and adv¢JCaCy 8èrvica8. We 8ro reglstolfjd wllh the Care Quallty Commlsslon ICQCI and h8V8 been rat•d 'Good° in Safe. Re8pJn8lvo. Well-18d, 8nd Effectlve, ond flut$tanding"In CariThJ in D￿rnber 2023. The Bervlco 1$ avall8bJo bolh through Iocgl Buthorllles. with health and Bodal care prof888lona18 arranglng support on behalf of cllenl8. and dlreclly lo IndSvldu81s who ￿$h lo arr8ng8 thfjlr own ¢8re. Our loam 19 fully commltted lo supptsrdng famlll8s and oldèr adu118 who depend on us as a part of Ih8lr care and support n￿￿Ork. In 202412025, we supported 18 service Lssets and dellveffjd 8 101910117.185.75 hours of car8 and support. Th8 m8lodly of our cllenl8 8rg b8s&d in Tower Hamlels. wllh others lI￿ng Sn nèighbouring boroughs Includlng Newham. Hacknèy, Gre8nwlch, 88xley, Redbrldg8, Soulhwark, and Wéslmlnster. We promote heallh and w•llb•lng and support froedom of cholce through our tallored, per8onkn¢•nlr8d vtrvlces. Tho Chinese A$8odatlon offèrs 8 varlèty of w&ekly 8CtSvlties atMI classas, Includlng chair yoga, tal chl. Chlnese medlclne, Chlnese Call￿raPhY. and ¢8ble lennls. SeNlce users are encouraged 10 participal&, whlch nol only wpport$ Ihelr health and ￿lIbeIng bul 81s0 provlJ. as well as thep)y of connecling othws thrcwgh fri￿￿ty (x)mp81ilion. For rnany elders, the Table Tennis Club has become a cherished weèkly hwJhlKJht-offeriny exe￿$8, laughter, and a $trong serw 01￿mmunIty. Ongoing Partnershlp Programs Our partnership with the Alzheimer's Scoety reached an imF¥Ntant mil$$tone this year. After thou¥ttfvl discussions, our Brain Health Club merged wth the Communty of Reftw from ￿etnarn (COFWI in January 2025, c¥thting a stronger. more sustainablè program at I$18￿j Garyjens. TO1￿ Hamlets. This cDrntiined initiative now offers participants a broader range of stimulalirKJ actiwiie5, ¥K4uding arts and crafts. music. siroing. and seated ¢x8r¢ises. Facilitated by Alzheimer's Soaety staff SUFWed by vc4unteers. the sess￿￿S not only promotè etyJnitivè hèalth but also combat isolatK)n. Feedback has been OVe￿h￿ming￿ F*)sitive. partiapants hl9hlvJhllng Ihe Iherap8uti¢ value of thè acliwtiés and Ihe joy of shariThJ experiences a diverse. *elcomirwJ group. Cel8bratir4J Cultur￿ traditi￿$ has rem&ned a central part of our*rt r8inffMriTrJ KI￿, pYKJa, and beloNJlng. In 202412025, we hosled gatherings for d-Autumn Feslival Dragon Boat FestNal Christmas cdebrations . Chinese New Year luncheim at Lido Chinese Restaurant in Chinaithvn These events were enthusiasticalty atterKled and +7eated cywiuniiies for elders to connect wlth one another while enioying traditional fcKxl. perf0M￿nces. and rAryanKThhip. Many parilopants eXp￿Ssed that th8$e wsions lffted their spirlis and enrrtheL1 thw ￿, gvirwJ them a sense of tx)th culiural (xmtHiuty and f)>nmunity w8nnth. Our devoted voluntaer. Can¢Jico Teng, has once again played a vital rde in supporting part￿pants who face language and litera¢y b¥rrier3. By prO￿d1￿J translation. help offioal ftwms. ano 8ssistsrb¢e ￿1th o)mmunication tasks. she has ènabl￿ elders lo nwgate essential setvices in¢J¢pendonlty. This supw has eased stress, boosted o)nfiden¢e. 8nd ￿kn￿ed parUc4pants to access OFPMUn￿"¢& tlw may otherwise have struggled with. Candice's quiel d8dl¢atiiy) has made a tangible drfyerence in thè I￿￿ of m•ny c¥)mmunty members. Canelusion #nd Future Outlook The year 202412025 has been one of growth. adaptation. and resKi￿¢8. From Ihe expanslon of our calligraphy pmgram to the strengthening of our Brain Health Club. hava proven that self4unded initiatives can ihrive when driven by dedication and ccqnmunty spkll. outcomes of our WOTk are dear.. . In(￿Sed demand and parbcip8tion in pr(y*ns. ExpansKJn of c#Jltural and (Y88tNe offering5. Reported improvements in phy5ic81 heallh. rnentsl darity. and social connededness. Strengthened partnaships 8nd C￿laboratyve approaches. A stronger sense of idenbty. pr*Je. and b8lawing eldèrs. Looking ahead. we remain commltte(I to sustaining and exparlding our C￿ programs. We o)nlinue to seek opportunlties to meet growing dernand, partI￿larty for cullural and wdlness aCti￿lieS. while dee￿Ing partn¢rship$ to ensure coordinaled support lor eklers in Tower Hamlets and bey￿d. AtJQVg 811, we will stsy true to our missK)n.' to ¢reale 8 Safe, w8k￿rn￿, ￿brant r￿mMUn￿ %there 8k5er Chinase eart flourish-phy8ralty, ernotionalty, socially. arKI ajtturally. We eyterKt our hearffell gratiiude to our pariicApants. tutors. volunta¢rs. arKI partners who make this 1X￿l￿￿. TO￿ther, w$ are LwiklirwJ nol only h¥8lth*r livos, but a180 Stronger, more conne¢t8d ￿MmunIties. CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 CHINESE INDEPENDENT SCHOOL OF TOWER HAMLETS The 2024-2025 acadomlc year h8s con¢luded succ&gsfully. Through the coll8ctive efforts ol our onbr8 schojl community-sludenls, 8tsff, parents, and p8rtners-CISTH ha8 achleved 81gnffic8nt progrèss In anhanclng t88chln9 quality, promoting cultural heritage, and deepening community inlegralion. Below is a summary of our key accompllshments and our development plan for the coming year. Faculty Developmenl & Professlonal Growth.. Oriènlèlion & Safety Tralnlng17 Sept8mber 20241.. All tèachèrs partldpaled In compr8henglv8 IrainSng Coverfng the 'Safeguarding Child PoliGy', 'Child Protection Policf. 'Gen8ral Data Prolectron Regulallon IGDPRI., and 'FlrBI Akler Tr81nlng' Thls reaffirmed th& commitment of thfj Chlnasa Association of Tower HamletB and the school to campus $8fety- Update3 to toachers, 08S ¢he¢k8 w¥r? arranged. Now a¢ademl¢ ygar Inltlallvso. portlgjlarty tho op8raUon of new 8fter-3chool dubs, weTe ouuined In delall. Téachèr R6cognlllon.' Ms. Yang Xlangqun was honoured with tht 'Outstandlng Tea¢h8r Award" by the UK Asslxlallon for the Promotion of Chinas8 Education122 October 20241. Ms. Llang Xle Lixlan recelved the JPF Found8llon's "Le8d8rshlp Award. 8nd su¢cosslully $o¢ured d8dlcaletl lundlng for arter-school Inlerast aclivllios, significanlly enr6chlng our exlr8currfcul8r programm8. Profe88Sonal Developrnenl.. Teachers acllvely engaged In online tralnlng organI￿d by th8 Chlna HUa￿n Education FoundatSon, wlth all p8rtlclpant8 recelving Complèllon Certfjflcales. Ms. Chon Llngrong w8$ further T¢￿9n1s8d a8 an "Outslandlng Tralnee" Sludenl Achlovement8 & Acadamlc Comwtltlons.. The school proacllv8ly organl8ed student p8rtldpallon In hlih.l&vel compgllllon8'. Chlno Chlng$0 Language Educ811on Foundation Studant Essay Compalllion. UK Associotion lor Ihe Promollon ol Chlnesè Educatlon Calllgraphy, Eg88y. antj Recltafjon Competillons. Outslandlng Rg$ult8: Numerous studanls r&celv6d CertSficales of Excellence. Ouyang Chaosun oxcolled In Ihe assay comwilion, winnlng the Grand Prlzg and oarnlng ellglblllty for a fUll￿￿Nd•d 8ummor camp org9nlsed by tha Chinesè government. Thère w6r8 8Ix 8luden18 r8c•lved JPF Aehl•v•manl Award. Ihe offlclal award cerefflony w511 be held on 20th Ootober 2025. Thal significantly elevJle3 Ihe profile ol our school. 11 s&rvo$ 09 a powerful inspiration for all our 8ludenl$. 8180. it is a momant ol immense prlde for our entlre 8chool community. Cultural Herfla9e & Spedal Events.. Lunar Naw Yoar Celebration.. We successfully hosted our Chln@se Naw Yeor festivsiles. graced by heartfell SS8ges frorn partn8rs Includlng Mr. Zhou {Managèrl, H.E. Mlnlsl8r-Couns•llor Xla IChln8s8 Embassy In ihe UK), Mr. Wu Sh8nxlong (Presldent. UK Association for Promotion of Chinese Educatlonl. offlcSal leltets from the Chinese Emb888y 8nd Bèiling Chlnèsè Languaga College Ichlnal, and 8 vldeo gragtlng from Ch5na's Qiqu Yidian Guzheng School. The entire school communlty gathar8d in (ha hall lo view the m8S8age8 8nd onloy vlbrdnt cullural performances. Dr8gon Boat Festlval Collaboration: Joinily organised with the Chlnese Embassy in the UK. this ev￿1 fealured traditional activities Ilke calllgmphy. crafts, paper cu￿ng. arroM4throwing g8mes, and marble-plcking ￿th chopsticks. Students lèamod about the f6Stlval's odgSn9 and slgnlficance for overseas Chine$è. Dèllcious snacks wer8 $8No¢J. 8nd the EmbBssy gifted participants fragrant sachets. Teachers, parents, and students shared a joyful festival cèlèbralion in the squarè. experlandng Chlnese dragon dance and diabolo Ichlnase ytryol games. After-school Clubs.. Bolstered by fsjnding secured by Ms. Liang Xio Lixian IJPF Foundation) and 8chool irtve$tment, after-school dubs {e.g., Dragon Dance, Diabolol fk)urished, becomlng ￿tal platfomis for glud6nls to exprlènce Chinese culture. CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Academic Standards & Sector Engagemenl.. A8 a member of the UK Assoaation lor tha Promotion of Chlnasa Educatlon, thè Sd￿{11 succsssfully org8nl$ed student paruclpallon In the Association's $tand8rdlsgd Chlngs018nguBge oxgmln¥llons. Principal Mr Zhang represented th& $cho¢l ot the Asso¢lallon'$ 2024 Prfndp81s' Forum. As 8 keynote spèaker, ha ancourag6d widar partlClP8tion In tho unlfied exams to advanca lh8 prof8881onallsm, 8t8ndardisalK)n, and nom811$81ion of ChlneBe ￿nguage educauon in the UK. Community Engagamont & Sch(￿1 Promolbn.. Fodng on￿mOnt challenges. the schotsl proactlvely moblllsed teachers, parents, and volunteers lo promte tho School vla modem medla plarform8 lonllne, W8Chat, Xlaohongshul. Str8ngthangd tlos wlth the Towar H8ml8t8 Coundl and local schoots to seèk addbtlonal bjndlng and potenUo18ludent ieferral8. Suec•$$fvl Conduslon of the Acadomlc Year.. The 2024-2025 Gr8dL58￿On Cer8rnony was succ&ssfrJlly hald. Paranls wltn8ss8d Ihalr ehlldren'8 growth and enloyed spe¢tscular performances. whlla 18a¢har8 offorod heartfdl congralulallon8 lo the graduates. 202&2028 Acad•mlc Yur D•v•lopm•nt Plan Bulldlng on thg 8011d found8lhM of the p881 y8ar, CISTH wlll fcths on Ihé follovAng kay 8r•a8 202&2026: 1. DO8￿n Currfculurn Development & T$o¢hlng Innovg110n'. Evaluate and optlmSze tha e￿$tIng currlculum. Plan to Introdu￿ n8w subjects whlle malnlalnlng rJJrrenl leochlng 8¢llvltlg9. Indudlng Sdfjn￿ ar)J Engllgh cl88888, 88 well 88 8n Aduli M8ndarfn Course. 2. Expand Cultural Expertencgs & Exchang8.' Plan r5ch8r. mora Immar8lvo ¢ultural 108llv81 ¢elebr8tion$ throughout the year le.o., Mld-Autumn Fg8¢Iv81, Double Nlnlh Festiv811. Explore e81abllshlng onllnglofflln8 exch8nge programmes wllh '318ter 8chod8" or ojliural institutlons In Chlna, providing sludents dlro¢t eXP08ur8 lo contemporary Chine8e Sodely and cullura. Con801idat8 ond onhon￿ the quallty and impact of ylgnalurg aftor.sthc4)I dubs. 3. Sustain Teacher Empowerment.. Systematically plan t6acth8r profgsslonal d8vtlopmenl pathways, Increa8lng portklpatl¢)n frequency an¢J depth in hlgh-level dom6Stl¢ and Intginatlonal Iralnlng, workshops. and seminars. ESta￿lsh robust Intornal m￿h￿nIsM$ lor leachbng research and exp6rianGq sharfng to foster mutual professlonal growth. 4. Slrengihgn Student Supwt Sy81em8'. Rgfine dlfferenllalèd t8achlng and tutorlng m8¢h8n18m8 lo provl(J& mre laffJeted support for Students at varylng learning stages. Explore èstats41shlng acad8mlo or p8Storal manloring progr8mme$ lo locus on Indi￿dual siudent gro￿. 5. Expand Communlty Impact & Partnershlp Network.. Deep6n Strategic Collabor8tlon= Actlvely solldlfy partnershlps wlth Towar H8ml&ts Council and l¢xal publk schtsols lo secure langlble support le.g., venue access, fundlng, lolnt actlvllles. student refe¥ralsl. Upgradtt Brand Promotlon.. Optlmlze onllne and offllne promotional slrategies. create professlonal marketing materials. effecilvely tell the 'CISTH story," and enhance the school's recognttlon and reputation wllhln the local community. Leveroge parent and alvmni nel￿rkS for word-of-mouth promotlon. Enhanc8 Parental Involvement.. Daslgn more home-school c¢Tredvc81ion actiwti88, establish smoolher communlcallon ¢h8nnèls, and develop pargnts Into strong supptsrter8 and amb888ador8 for the sthool. CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 6. Explore Resource Expansion & Sustainability.. Actively seok diversified fLtnding sources beyond tuition fees le.g.. found8tlon grants. Corporate sponsorships, cultural evenl fundraising). Assess school facility needs and explore possibilities for improving Ihe leaming on￿rOnment le.g.. upgrading teaching equipmenl. optimiing space utilizationl. We extend our deepest gratitijde lo all teaching stsff 8nd 8mpWe8, por¢nts. community partners. and friends for Iheir unw8verlng support. Looklng ahead to the 202&2026 academic year, we remain Committed to our founding mission.. enhancjng the quality of Chlnese 18ngu890 edu¢ation, promoting Chinese cultuie, and serving our community. Through unity, dedicab'on, and innovalK)n, w8 will ￿ntinue to provide exceptional educational services to the youth of Chinese heritage and Chinese language enthusiasts in Towèr Hamlets and gjrrounding areas, writing a new chapter in the development of Chinese Independent Sch(x)l ofTow8r H8mlets. CHINESE WELFARE TRUST ADMIRAL NURSE CLINIC SERVICE Introductlon N¢yw In thlrd year. th6 collaboration betr￿en Dementsa UK and the Chinèse Welfara Trust continues to strengthen ils commitment to delivering cultur811y santhve dementl8 specialisl support to Chifteso and Southèast Aslan families across five London borou9hs. Building on the sdid foundation estsblished in pravious years, the partnership, whith includès 8 slrong ralationshlp rith the Chinese Associal'on of Tower Hamlets, ￿MaInS dedicated to deliverlng trusted. accessible care Ihrouyh thè Admlral Nurse Clinic and r￿mmUnity activities, meèting the unique neèds of these cLJmmunibes. Outcomes The data report below covers the time period Isl April 2024 to 31st March 2025 for activit+es reSated lo Chinese Assodalion ofTower Hamlets. Be￿en 1st April 2024 8n¢J 31 st March 2025. th￿￿ were 72 requests forclinic appoinlnpents in thè London borough of Tower Hamlets. Of these, 31 requ8$1s (43%) were self-referrals related to the Chinese Association of Tower Hamlots. 11 new appolnÉment requests 61 requests for those vh)0 have attended o previous appointment Our seNce also recLJrded information on the outcome of raqu8sls for appointments.: 57 clinic appointments were completed 12 w8ra incomp1è￿dId not answwlattand 3 were inappropriats roquests Irgquast dld not meet crfteria for clinic seN¢el How the ¢8r8r haanl about the ellnte was r6corded for each appointment requesl and the most ¢n process and Involves rneellng8 with kay 818ff, gtlandanc& al semlnars and Commilt&e6 and al lea81 one B08rd m88ting. Followlng 8atlsfactory complefjon of the recrullmant process the Board wlll rocommend appolntmenl 88 a Tru8le8. ORGANISATION The Board h8$ the overall rèspon8lbllity for th• govamance of the Charfly. 11 moats al léast four Ilm8s a yegr. Regulatlons spgclfy the powers of the board and thè authority delegated to Senlor staff. The General Man8ggr 1$ responsible for the day lo day managemenl of the Ch8rfty, worf(ing within thè financi81 framework, procedures an(J Ildos 98t down by the Board. Thè Ganaral Manag•r has delegalgd auihorfty for human resource plannlng. èmploymgnt, servlce development and financ8. Th8 name of thè 8enlor staff member lo whom day to day management of the ¢h8rlly Is delegated lo Mr. Alan Chou, Gener81 M*nager. RISK MANAGEMENT The Board of Directors carriès 8 cdllcal responslblllly lo as8e88 8nd manag$ rf$ks that o)uld 8ffecl CATH'S 8dlvilles. beneflclarfes, and reputsllon. Operaung ￿thIn a regulated envlronment. CATH musl maintain sirlci nplianco wlth all relevant standards to 8void finandal penaliles or Ihe kx)l$nlial loss of reglsiration. To strengthen oJmpllarKe, CATH has adopted the Care Quality Comml$$lon ICQCI 8t8ndard8, Inv8sl8d In COMp￿h￿nSIve staff trainlng, and implèmanled robusl pollcles and proceduras. Quality Ss monltored ￿ 8n ongoing basis, with risks pr08ctivoly Idenllfied and addressed. The cac's 'Good" rating in December 2023 derronslrates our commitment to gffèctlve rlsk management, even during Iho challenges of a changing post-pand8mic landscape. 16- CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORD (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Board of Trusleas is mindful of tjoih exiemal iisk•d th8 (xg8nlZa￿on'S direct Contro￿9nd inlemal risk Ihai ¢an be rnlUgated through carefvl p18nnlng. TPkg Trustees remain c(￿￿Jen1 in Ihe systems and controls currenuy In placo to oversoe and merhage tho organvzation's nwjst slgnrfK￿t iisks. I￿udi1¥J'. Govemmenl Policy Changes: Shrft$ in govemment pdKy m8y sub818nb.alty impacl CATH'3 operations. For exampje, proposed LaboLW Fdid&s such 8$ sidi pay eligibl￿ty trrrfn the fiTrt day ol absence and immedi818 entiuement lo patern￿ leave could increase wrational costs. partI￿18ty for pbrt-time and session81 care workets. Rlslng Living Wage requir&m8nts 8lso add prassure on payroll wlhln limited budgets. Addition811y. because many of tyjr caro contracts are spol-purch8s8 agrooments, servira susp8nsions such as those arising from hospitakbasad carts can ha￿ an immediat6 OP8rational effeci. The Board activdy monitors these devdopments and has prep8Ted adapiwe strate9ias. induding growtng rav8nu& from porsonallz budgats and ￿VatelY fundtd dients. to malntsln flnwdal s18tyJlty. Staff Recrultrnent 8nd R8tfjnllon: A skllled and stable wthforce Ls essenilal to dellvarfng ￿nSIstenI. hlgh- quality care and supportlng ory8nlz8tional grr*￿tt. Whlle ihe cjmnt fundlng mod¢1 nocessllates Ihe us& ol ztrtrhour coniracis. a common practice In the secior. Twslees ackn(￿edge the challenges Ihls wesènts for lob securfty and staff re￿￿tiC￿. C￿jp1a1I Increa￿A9 Lfviry Waoe r•qulrem8fits. th836 prnsswes halghlen Ihe Import8nce of Stroro recruithwnl and r*t8nllon stralegies. The 8oard is exploring ways io gnhancè ￿b 8tsblllty. Improve %thlng ¢￿dI1k)n5. and fostw 8 8UPPOrtive 4bDrkF4arE environmgnl to aiirect and ￿thIn quallfied staff. STATEMENT OF TRUSTEES. RESPONSIBILMES Thfj truste08, who are 81$0 t￿ d￿r￿lor8 of ChSnts88 AsBoraallon of T￿1481 Hamlots for the puwo of o)mpany law, are ro8pon81ble proparing thg Tru8lees' R8port and the finwthl 8taioments in 8ceord8nca ￿th appllcable law nd Unlted KSngdom A¢x0un￿n9 St•nd8rf$ IUnll8d Kiwjom Gen•￿A￿ad Accountfiryd Prncucg). Company Law raquires the trusig98 lo prtpare financaal Stat￿nant8 lor ￿ch finwdal y•8r whlth gNe a Irue and falr ew of the state of affair¥ of Chinese AssouaIic￿ of Tty￿ Hamlet8 and of Incoming resourcw and appllcakn of r8soLtrc•8, induding Ihé InCm￿ aThJ fjyNlitwe, ofthe tharitable company for that yaar. In preparfng Ihese finana•l stsl•m•nls, Ihe trusleu ￿ wuk•d lo: . 88lect subtstkn 8cc¥)unllng and th•n Jwy th￿7 oMbl¢nty, . ob8erva tha mothods and r￿ncl[lo8 kn Ihe Chgrflies SORP, - mako Judgements and e8llmaias thAt ar• rna8wI￿0 and w￿len1.. - WeP8re the flnandal ststsm8nis on the Wng ccrt*m b#sls unlw tt Is Irtapwwiale lo presum2 thal tha Chln• A8SOCi8IKJn ofTower Hamlets VAII txjntinue In operation. The truste88 a￿ respOn￿trAe for k•8ping adequate aetounbrwJ reo)rds Ihgl dlsdose wth reasonable accuracy at ny lime the ffinanclal ￿$1150n of the Chinese As￿latiOn of Tow Ham￿13 8n¢J enalAe ihem to ensure that the fln•ncial stslemenis comtAy th Ihe Ccffipanles 2(h)6. They are 8180 wespons￿le for safeguardlng Ihg 8SSet8 of thè ChIr￿e ASS(￿tIon of Tower Hamlets and henc8 IN tskiNJ rtr88on8ble sieps for the prev￿tIOn de¢ectlon of fraud and other Irrngularilie8. The Iru8to89' report wa$ approved by tho Bo¥d ofTNsts8s. M8SFLeè Trusts¢ f7- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHINESE ASSOCIATION OF TOWER HAMLErs I report lo the trustees on my examIna￿￿ of th8 financial $t81em8nts of Chlnese Assodauon of Towor Hamlets lthe Chlnese Association olTower Harnletsl for the year ended 31 March 2025. R•sp0nsSblll￿es and ba8ls of report A8 the tru$te88 of the Chinese A$￿>allon ol TLx4er Han￿ets {8nd also Its dlrg¢th ft)r the purposes ol company lawl. you are respon￿ble l(w Ihe prepar8tKin ol tho fift￿¢181 sl8¢ements In acc(wdan¢e wlth the requlrements of th& Crynles Act 2006. Having satisfied my8811 thai the finanty81 st816ments of Ihe ChSn&se Associat6on of Tower Hamleis are not roqulr8d to be audited urKter Part 16 of the Companies Aca 2C￿￿ and are eligible lor IrKlèp8nd8ni ex8mln8tlon. I report In respecl of my ¢xaminalion of the Chinese Association ol T0￿r H8mlets's fjnanaal slatements carrfed out under sedon 145 of the Charllles Act 2011. In canyng Out my examination I have followed the Directions given by the Charfty Comm1881on under Sedlon 145(5Kb) of the ChariU6s Ad 2011. Ind•p•nd•nt •xamln•rf8 Statsm•n¢ Slnce the Chinese Association of Tower Haml8ts's gross inccrfn8 exceeded £250.000. iha Inde￿ndan1 examln•r must be a member ol a body l¢st8d in section 145 of th8 Charities Acl 2011. 1 confirm Ih8t l am qu81fflod to undertake th9 8x$mination because l arn a m8mb&r of Instsiute of Chartered Accounlants kn England and Walas. w￿ch Is one of the Ilslad bod￿$. I hav8 completed my oxgminauon. l ¢￿fim7 that no matlers c(rfne to my att8ntlon In c¢nnedkn wlth th• ox4minalbn g1￿￿9 me Cause to ￿11•¥8 Ihal In ¥ny m8terfg1 rgspecL accounting r8¢ord$ wer• not kept in r8sp8Ct of Ihe ChlneBe A￿0ClaI￿ ol Tower H8mlots 0$ by 88don 386 01 the Comp8nl8s Ad 2Q￿. Ihe finandal statements do nol arr￿ld with those ree4yd8', thg finandal statements do not compty wlh thtr 8ccounllng requkom•nts of se￿on 396 01 lh8 Companl•s Act 2006 0th8r th8n any r8quIT8ment thal Ihe financ4al stalements gtve a tnJ• and fair vi8w. Is nd a mattèr considered a8 part of an Indwnd•nt examina￿on. or the financlal 8tat8ments have not been Fwarod In acL4Ndance wilh the methods and prfndplgs of the sthtement of Rtcomm8nd8d Pr8¢ti¢e for 8¢Cl￿n￿n9 and reForting ty chari￿8$ applicable lo charllles preparlng tholr flnandal slatemenls in acC￿dInCe wilh the FIna￿OI R8F¥ytsng StarKlard apF41¢èbl• in Iho UK and R6publi¢ of IreloThJ {FRS 1021. I have no cOn￿mS and have r￿me across no olhw m¥ttors in ￿th the examinatitsn 10 whld) ¥tt•ntlon ghould b8 drawn In thi8 report In OTdw ¢0 enth a understanding of the frianc4al staternents lo ￿ reached. Goh Yong Chong Xelnadln SL Llmlt•d Chart•r•d A¢¢ountants Level SA. Maple House 149 Tottenham Rood LMdon W1T7NF Oattd.. 0611112025 18- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIALACTIv￿]Es INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrfcted Restrfcted funds fvnds 2025 2025 Total Unrestrlcted Restrlcted funds fvnds 2024 2024 Total 2025 2024 Notes Income and endowments fr¢m: Donations and legacies Charits￿e actiwties Investments 409.315 35.168 13.960 409.315 37.668 13.960 1.840 372,955 41.527 10.131 2.452 372,955 45.327 10,131 2.452 Total Income 460.283 2.5￿ 462.783 427.065 430.865 Expenditure on: Ch8rit8148 activilies 428.297 1.235 429.532 392,815 2,022 394,837 Tot•1 oxpendlture 428.297 429.532 392.815 2,022 394,837 Net tncome 31.986 33.251 34,250 1.778 36.028 Transfers befv￿en funds {91 Net movern•nt In funds 31.977 1.274 33.251 34.250 1.778 36,028 Reconclllatlon of funds: Fund balances at 1 April 2024 31.825 615,683 549.608 30.047 579.655 Fund balanc•s at 31 March 2025 615.835 31.825 615.683 The stalement of finanaal acliwtie$ indudes all gains and k%ses rets)gnised in ihe year. All ir￿e and expeThJiture derive from CA)ntinuing activllles. 19- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note8 Flx•d a88et8 Tangible assets 11 5,689 7,155 Curr•nt ass•ts Dobtors Cash at bank and In hand 12 80.156 588.096 49,987 585.438 868.252 635,425 Gr•dltorn: amounts falllng due wlthln on• y•ar 13 125.007} 126,8971 N•t curr•nt 8•8•ts 843.245 608,528 Total a•s•t81o•• ¢urr•nt114bllltl•• 648.934 615.883 Th• funds of th• Ghln••• A•8oclatlan of Tower Haml&t8 Réslricted Income funds 15 Unra8trict8d fund8 17 33.099 615.835 31,825 583.858 848.934 615,683 The company18 enlllled lo the ex&mpUon from the audit r8quirèm6nl conl8ln•d In 8oclSon 477 of the Compan108 Acl 2006. for the year ended 31 March 2025. The dlr8¢lors ackno￿e{19e Ih&lr r•spon$lbllSlles for complylng with Ihe requlrements ol Ihg Companlos Act 2006 wlth respect lo accountlng records and lh• praparatlon of finandal slalemenl8. Th& mambers have not requlred the company lo obtaln an audil or financlal staiémenls for the year In qufj$tlon In accordancè vAth sectlon 476. These finanalal statéments have been prepared In accordance vAlh th• provlslon8 8ppIIc8ble to companlos subl9¢1 lo the 8rn811 companlés r8glm8. Th• fln8nclal slatemonis were approved by the Iruslees on ..24.& .o.J. &Lr 2031 . MsSFLee Th18t•• Cclnpany reglstratlon number 01720498 (England and Wales) -20- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcle CharSty Infomiatlon Chinese Association of Tower Hamlels is a private cornpany limiled by guarantee IrKwaled kn England 8nd Wales. The rtgislered office Is sa￿￿ Palace. 680 Comff*rciat Road. London. E14 7HA. 1.1 Aeeountlng ¢onv¢ntion The finandal $181ements have be￿ wepBred in aCc(￿d￿ th8 Chlne58 As5odali￿ of Tower Ham￿18,$ &4)vemlno ￿0￿mont. Ihe Companle5 2C#)6. FRS 102 Ihe Financial ReF¥)rting Standard applicable in the UK and ftewbl￿ ol Ireland" and the Charities SORP 'A¢counllThJ and Rewtng by Charfties.. Statement of R¢¢ommended PractKe applicatjle to d￿ri￿eS prepadng thdr accojnts In accordance vAth the Flnandal R8portOng Stsndard ap￿lca￿4e in Ihe UK and Reput4k of Ir•land IFRS 1021.. Th8 Chinos8 A68&￿￿tIon of Tower Hamlets Is a PLtblic Benefit Entlty as d$fln￿l by FRS 102. Tho Chlnese knodallon of Tty￿r H8mlots h88 takan advaniage of the Ffo¥isknn8 kn Ihe SORP for charftlfj$ not lo wep8r¢ a st818menl of cash flcyws. The finandal 8tstoThnts are pr•pornd In 8lw4ng, the ujrrency of thè Chln8s8 As80clatk)n ofTowar Hamlats. Mon•¢4ry amtyJnt8 In thwe fln￿l&l st&twnants are rcAmd•d to thè nèarest £. Tha fin8nd81 st8lemenl8 have betn prep8r&J under iha hlstorSc81 cost C￿￿nI00n. Tha prfnc¥J•l acwntlng JFld•8 adoplad are 8¢t out bekw. 1.2 Golng ¢on¢om Ai Ihe Ilme of approvlng the fin8ndAI statements. the Irust88s havo a reasonable 8xpectaUon that Ihe Chlnes8 A880¢1atlon ofTower Hamleis has gdequ¥t& ￿$0￿CeS lo continue h) cyerauonal exlslence for the fores68abl8 futuré. Thu8 lh• tru8tfje• ￿1n11n￿ lo adopl the 9olrwJ c¢JKem ba8b d ao)Junlng In preparlng tho flnandgl 8tatemenl8. 1.3 Ch*rlt*bl• funds Unr8s¢rlcted furKJ8 are avdlai49 lor use at the d￿Ik￿ of th6 tnffjt•o8 kn further8nc* ol thalr ch8rllable oblecdves. DesvJnated fund¥ ￿M￿se furQ8 havè been sét ashle al Iho discrets1￿ of thg tru$lees for $pedfic purFVdeS. The wrpo88s and olthe dèsignatod frjnds am sat (Art kn tha Th)t•s to th• Ilngndal 8tatomnl8. Restrlct8d fund$ are lo spedfic c￿ndItIonS ty dc¥￿TS or grantors a8 to how they may b¢ usod. Tho Yposes ond u8e8 ol the resirided fuThJs arn $81 in thè fths to tho financ4al stsl•ments. 1.4 In¢om• SncLJme Is re¢ognlsed then the Chlnese Asscdathjn of TCNM Ham*ts ts legalty entM8d to tt aftèr any kwrfomian¢8 ￿ndIti¢￿8 have been meL thg am¢)unts can be measurod ffjliabty. 8na il Is probable Ihal income 111 bo received. Cash donalions are rgujgnkgd ￿ r￿elpL Olher donalions are recognised once the Chinese AssocAabon of Tower Hamlets has been notified of thè Ckmw￿n. unless ruformance conditions require deferral of the amount. In¢om¥ tax recoveralje in rdalicffl lo donati￿S roc￿e￿ und8r Gift or d&8ds of Cov￿ant 1$ recognised at the tlff* of the donation. Leg8¢xs are recognised on recelpt LY 0thgrnbi8e il the chin￿ Ass0¢>al￿n of Tow Hamlets has been notified ol an impending dislribution. the arr￿)[￿t bs knw), arK1 r￿10 * w￿l￿d. If 8mounl not known. the legacy 15 Ireated as a Con￿ngenI 8ss8L Assets dlsffibution rwftis￿ onty distril￿￿￿. Assets gt￿n fcw use ty the Chinese Association of Tower Hamlets are recL)Jnised %then I￿$bIg. St(**8 d Ur￿lStrIbUted donalwj 9(￿d3 are not valuad for balance sheet wrposes. 21 CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aecountlng pollcleg (Continued) 1.S Exp•ndltur• All expenditure is 8ccounted for on an ac£ruals basi5 and has b88n clasS￿l&d undèr heading that aggregate all costs related to the category. Where costs cannot be dirody attribuleil lo particular headings they have be8n allocated on a basis consistent with use of the resources. Support costs have been allocated belween govemance costs and other sup￿rt. GovemantÈ costs compris8 all cnsts involving public accountability of the charity and ils compllance wllh regulalbn and 9)od practieè. Support costs Snclude central functlons and have tseen allocated lo activity cost ¢8tsgoriès on 8 L*sis conslstenl ￿th the use of resources, eo allocating property costs by floor areas, or per capila, staff costs by the lime spent and Other costs by th8ir usagé. 1.6 Tangible fixed as$et$ Tangible fixed a88ets are initially megsuied ¥t cost and $ubsgougntly measured at cosl u valuation, nel of depreaation and any impairmenl1055es. Depreciation is recognised so as to write off the C￿1 or valuation of assets less thglr residual values over Iheir usaful li￿S on the following bases.. Fixiures, fittings & equipment 25% Reduryng ba18nce The gain or loss arising on the disposal of an asset is determined as tha diffèrènce bets%wn the sale proceeds and the (arrying value of the asset. and is recognised in the slatsmenl of financial acllvities. 1.7 Impalrm•nt of flxod assèts At each reporting end date. the Chinese Association of Tower Hamlots revlews the carrying amounls of its tangible assèts to determine whether there is any indication Ihal those assets have suffered an impairment loss. If any $uch Indlcallon extsis, ihe recoverable amount of the asset rs o$timated In order to de(em)ine the extsnt of the Impalm)ent loss Iir any). 1.8 Cash and cash equlva19nts Cash and cash equivalents indude cash in hand, deposits held 81 call wllh banks. other short-temi liquid investmènts wth original maluritias of three months or less. and bank over(Ir8fts. Bank overdrafts are shown thin ljorrowings in ¢uffenl liabilltles. 1.9 Flnanclal Instruments The Chinese Association of Tower Hamlets has elected to apply thè prowsions of Section 11 '88slc Finandal Instrumonts, and Section 12'0ther Financial Instrumenis Issues. of FRS 102 10 81101 its financial instruments. Financi81 in8lrument$ arè recognisèd In tha Chinèse Association of Tower Hamlets's balance Sheet when the Chinese Association of Tower Hamlets becomes party lo the contractual provlsions of the inslrumenl. FIn8n¢i818￿tS and Ilabllltles are offset. wth the net amounts presented in the finand81 stalements. when there is a legally enforceable right lo sel off the re¢ognised amoLtnts and there is 8n inlenuon to Seitlo on a net basis or lo realise Ihe asset and settle the li8bility simultaneously. B¥$l¢ finanei81 assèts 8asic financial assets, whith include debtors And CAsh and bank balances. are initially measts￿d al transaclion price including transaction costs and are subsèquèntly carri8d at amortised cost usinu the effective interest method unless the arrangement constitutes a financing transaction, where ihe tr8nsa¢tK)n is measured al the present value of the future re￿iPtS discounied al a markel rate of Interest. Financ3al assets dassified as receivable within one year are nol amortissd. .22- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Ae¢ountlng poll¢l¢$ Icontlnuod) Imp•imiont of financlal assets Financlal assets. other than thos6 held at fair value Ihrough income and expenditure. are assessed for IndScAtors of Impaimient al each reporting date. FinatKial assets are impair8d where th8ra is obj8etiv8 gvtdence that, as a result of one or more events that occurred aftgr lh8 Initlal re￿gnItIOn of the finanu818ssel, the estimated future cash fflows havo begn affected. If an assel Is Impalred. th8 imp8irment kjss is the difference beiween the ca￿￿ng amoLFnl and the present value of the estimated cash flows di$¢ounled 81 the asset's original effeclive interest rate. The impaimient loss is recognlsed In net Incomellexpendiiurel lor the year. 11 there is 8 decrease In the impainment loss arfsing from an evènt occuthng after the Impainnenl was recognised. the impaimient Is reversed. The revotsal is such that the cuirent caryng amount does not exceed what the carylng amount would have been, had the impairrnent not previously been recognised. The impaimient reversal is ￿cOgnised in nel incomellexpendiiurel for the year. Dèr•¢ognitlon of financlal assets Flnandal assets are delecognised only when the contractual rights lo thè cash 11ows from thè 888el expire or are $0tt18d, or when the Chinese Association of Tower HAmlets tr8nsf8rs thÈ fin8n¢ial asset and substantially all the risks and rewards of ownershlp to another enllty. or If some significant risks and rewards cl ownership ar8 otsined but control ol the asset has transferred to anolher party that Is ablo lo sell the asset in ils enlirety to an unrelated third paity. Bas1¢ financial liabllltles Basic finandal liabilitles, Includlng ¢r#ditors and bank loans are initially reco9nised at transaction prieè unl the ar¥angemant constilutss 8 flnanclng Iransacth?n, vthere the debt InstNm¢nl is measured al tha present value of the futur6 paymènts discounted at a market rate of Interest. Flnandal Ilabllltles dasslfled as payable wiihin one year are nol amortised. Debt inslruments ar8 subsequently carrfed at 8mortlsèd cosl. using Iho effective intsresl rale method. Trade creditors are obligatSons to pay for goods or servic88 that have been acquired in the Ordin￿ course ol operations from suppliers. Amounts payable are classified as current liabilities if payment is due ￿￿thin ona year or less. If not. they are presented as non-current liabilities. Trade ugdllors are recognised Initially at transaction price and subsequently measured at amortlsed cost using the effacl've interest m61hod. Dere¢ognltlon of financlal Ilablllilas Flnan(xal liabilities 8re derecognised when the ChSn&se Assodalion of Tower Hamlets's ￿ntraCtUal ot4igations expir8 or are discharged or Can￿lIed. 1.10 Employ•• bonefits The ¢osl of any unused holiday entitlemenl Is recognls8d In thè pèriod in whid) the employee's $8NCeS 8r8 receiv6d. Temiination benefils arg recognlsed immediately as an expense when the Chin6sa Assoctation of Tower Hamlets Is demonstrabty commi¢ted lo lemiinate the employment of an employee or to providè t8nninatK)n b¢n¢fits. 1.11 R•tlr•m•nt b•n&fits Payrnents to defin￿ conlributlon otiremenl benefit schemes are charged as an expense as they fall due. 23- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 A¢countlng pollcl•8 {Contlnu•d) 1.12 G0￿rnm0nt grant6 Govemmenl gr8nls ar8 recognlsed al the falr value of tho assot reCeI￿d or racelvabl8 wh8n ther8 Is reasonable assur8nce that tha grant conditions will be met and th8 grants wlll be recelved. A grant that sp¢dfias porfomianc& condlllons Is recognised in income when the perfomiance conditions are met. Where a grant doo$ not sp¢¢lfy perfomiance condlllons It Is recognised In income when the proceeds are received or r￿&vable. A grant ￿¢￿1Ved beforè Ihé r8cognlllon crft8d8 ar8 satisfiéd is r8cognis8d as a liability. 1.13 Company 8tatu• The ¢harlty 18 a Company Ilmllod by gu8r8nlee. Th8 m8mbars of tha company ar• tha truslaas nomad on pag8 16. In the event ol thè charity belng wound up, Ihè Ilablllties lrt rèspect of the guarantee t8 Ilmllod lo £1 per member of the chadly. Donatlon• and contract Incom• Unr08trlct•d Unreslrjcled fund$ funds general genoral 2024 202J Donallons and g1ft8 Conlroct Incom8 17,831 391,484 8,733 364,222 409,315 372,955 Contract Incomè London 8orough of Tower Hamlelg Lontlon Borough of l$lln9lon London Borough of Hackney Direcl P8ym&nt8 203.128 182,080 7,934 24,904 149.304 40,770 147,58B 391,484 364,222 -24- CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charltable actlvltles Toial 2025 2024 202S Fe8$ receNable Perforynance related grants 35,168 35.168 41.527 3,800 35.168 45.327 Analysis by fvnd Unrestricted tunds- general Restricted funds 35.168 35.168 41.527 35.168 37.668 45,327 Forth• year •nd•d 31 March 2024 Unrèstri¢ted funds- general Restrkted funds 41.527 41.527 41.527 45.327 Incomo from Investm•nts Unrestrfcted Unrestrlcted funds funds 2025 2024 Intsresl receivable 13.960 10,131 Othsr In¢ome Unrnstrlct•d Unrèstrlctsd funds funds 2025 2024 Other Income 2,452 CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendllure on ¢h¥rlt•ble aclfvltle$ Unres￿C￿d Rèstrlctod funds funds expendlture expendlture 2025 2025 Totsl Unrostrl¢tsd R¢strlcted 2025 fvnds fvnd$ expenqllture expgnditure 2024 2024 Totsl 2024 Staff costs FoodAunL*M)n dub Homè carè projèct Chinese sthwl Rènl Other pwlses expenses Travel Insur8r￿e Repairs and mainlenar Training. books & $ubscripbons Bank tharges Teleplwjne Sundry expenses Deprerjation 365.377 5,108 7.471 1.376 23.924 365.377 5.108 7.477 1.376 23.924 337.583 3.874 4.478 337.583 3.874 4,478 22.189 4.617 22,189 4,889 272 69 1.769 811 1.769 811 1,662 838 2,549 2.549 560 1.812 6.712 2,385 553 1.575 7.236 1.896 1.575 6,(K11 1,8 1,812 4.962 1235 1.750 423.897 1.235 425,132 388,415 2.022 390.437 Share of g0￿ManCe r3)sts Ise6 noie 71 4,4(KJ 4,400 428,297 1235 429.532 392.815 2.022 394,837 Analy$is by fund Unrestrided funds- oeneral Restricted funds 428.297 428,297 1.235 392.815 392.815 2,022 1.235 2,022 428.297 1.235 429.532 392,815 2.022 394.837 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 8upport Costs Gov•rnanc• 2025 2024 Bas18 of allocatlon Professional fo 4,41YJ 4.400 4.4LX1 50% Chinese Scho 50% Home Care 4.400 4.400 Anèlysed beh¥een Charflatle advllbos 4.400 4.400 G￿m¥ne0 C￿1$ t￿5 O1£3.6￿12024: £3.6LN)I lor an kndep8ndenl oxamknatlon. TrustM8 None of tru81oe8 lor any pgrws C￿nected tlthnl Fee•l¥*d any r•muntrrnl6on or bw*flt4 or dèlmad any expens8s from thg Chinese Asscd8lion ofTthver Hamlels durirrfJ Ihe y8ar. Employ• The averag8 monthty nLKnber empbya•s durlrKJ the Jfjar (Md￿11￿4 Iruslee81 wa8: 2025 Numb•r 2024 Mumb•r PAonogemenl and 8dmlnlslralle Charitlble aotmtbs 10 24 25 Tolal 34 Employm•nt ¢o$ts 2025 2024 Wages ond 50larS9s SocAal securfty costs 0th8r pen8k*n cthts 331.668 18,071 15.638 308.685 14,884 14.014 365,377 337,583 The key management perscwnel of the Ch8rlty t￿m￿lS•S tho TrLth8s. G•wral Managw. Nominglsd dl¥idu81s and He8d of Chinese Sc*cd. The tol818mploye8 benefit of the key manageM￿t porsontwl of fv Chartty wre £67,517 {2024'. £71,940). No Indlvldual emF4oyee r8c8ived b•n•frts of mtyè th8n £60.IW d￿fig th& ￿rOr precodin9 yoar. 10 Taxatlon The chartlable cLJmpany Is a reglslered rtwity and is not subject to c￿ratiC￿ tax on Trts current activities. CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Tanglble flxed a8￿ts Flthfe•, flttln98 & •qulpmont Cost At 1 Aprfl 2024 Addlllons 43.704 431 Al 31 March 2025 44.135 D•pr•¢latlon and Impalrni•nt At 1 April 2024 Depreclation charged In the year 36.550 1.896 At 31 March 2025 36,446 Carrylng amounl At 31 March 2025 5.889 Al 31 March 2024 7,155 12 Dobtor• 2025 2024 Amount8 falllng du• wlthln on• year.. Prfjpaymfjnls al￿ accrued Incomo 80,156 49,987 13 Cr•dltor•'. *maunt8 lalllng du• wlthln on• y•ar 2025 2024 Accrual8 and deforred In¢omo 25,007 26.897 14 R•tlremont b•nollt $¢hem•$ 2025 2024 D&flned contrlbutlon schemes Charge to profit or loss in respecl of defined rKJntrlbution schernes 15.638 14,014 Tho Chinese Assodallon of T0￿r Hamlets op&rate$ a defined contribution pension scheme for all qu81Sfylng 8mploy808. Tho a￿18 of the s¢h¥me a￿ held s•p8rat•ly from thosa of the Chinese AssorAalion of Tower Hamlèts in an indèp8ndènlly administerèd fund. .28- CHINESE ASSOCIATION OF TOWER HAMLETS {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 15 R•strletsd fund$ The reslrici8d funds of tho dwrity C<>mprI￿ th8 Un0Xp￿dad bAlar￿ of thnat￿s and gr8nts on trust 5Ut4ect to spedfic ￿ndli￿S by as to how Ilw may ba usad. At i Aprti 2024 In¢¢mlng R•$ouru$ r￿Our¢•I axpend Tr•n•f•r• At 31 Mor¢h 2025 4,484 1.403 222 2,161 4,938 3.497 10,358 529 Opportunity Centre Prc48ca Youth aub After SCI￿ Homework C￿ts After SchocA SFthing l Darè Project J8d( Pelchey Prc4e¢l Chinèse Néw Year Event East End Communlty FoundatSon co￿d-19 ProS8¢1 for Chln888 CAF Fun¢Jlng Local Hong Kong W•lcLYn8 Fund Prolfj¢t 1.403 222 2.161 4.938 3,497 9,093 529 2. 11.2351 19) 343 4,631 343 4,631 533 31.825 (1,235) 33,099 Pr•vlou• y•ar. At 1 Aprll 2023 Incomlng r•Bourc•• R•sourc•s •X￿nd•d Tr•n•f•r• At 31 Mar¢h 2024 Cora Opportunity Centr• Pr Youlh aub Aftgr School Hom•*rrk Club After School spcrfro l Dar8 ProJ8Ct Jack Petchey Prclect Chlneso Now Ye8r Event East End Communlty FOUnda￿on Com&19 Proj¢¢t for Chln88a CAF Funding Loc81 Horb9 Kory Wdo)me Fund Prolect 1.403 1,403 222 2,161 4.938 3,497 9,093 2,161 4,938 3,497 {1.013} {1,rK)9) 191 343 4,631 343 4,631 533 533 30,047 {2,022) 31,825 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Anatysls of net assets between funds UnT￿trIct¢d R•$trlclad funds fund8 2025 2025 Total 2025 At 31 March 2025- Tangible assets C4Jrrenl 88selslllfiabilitlesl 5,689 610,155 5.689 643.245 615.844 33.090 648,934 Per balonc• sh•et B•lanc• ro •ll¥X• 615.835 {91 33,099 848.934 Unr••trkted funds 2024 R••trlct•d fund• 2024 Total 2024 At 31 March 2024: Tarolble as$et¥ Current assetsllli8bi111188) 7.155 $76,703 7,155 808.528 31.825 583.858 31.825 615,683 17 Unr••trlct•d funds The unresirlcted lunds of lh¢ ¢har6ty wmprise the unexpended b818n¢es of donations 8nd granis whkj) are not subhect to $petyfi¢ cxjndilions by and granlors as lo how they may be used. Th•se Indud& de8lgnaled funds whth have been sel ¥slde wl of umstsicled fvnds by the trusloos fty purposes. At 1 April 2024 In¢omlng R•sourc •xp•nd•d Trnnsf•r• At 31 M•r¢h 2025 Equipm•nl ra￿￿e•M8nt fvnd General funds 4.140 579.718 4,140 611.695 460.283 1428,2971 19) 583.858 460.283 (428.2971 19) 615,835 Pr•vlous y•ar. At 1 Aprll Incomlng 2023 r•sour Resources •xwnd•d Trnn$f•rs At 31 March 2024 Equiprnent re[la￿￿￿nI furKI General funds 4.140 4.140 579,718 427,065 {392.8151 549.608 427,065 1392,815) 583,858 CHINESE ASSOCIATION OF TOWER HAMLETS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Unrnstrlctsd funds (Contlnu•dl Th8 tN$lees h8ve dosignaled luTrJ8 of £4.140 to CA)vw th8 future cost of IT & oynmunl¢atk)n ￿t￿M of tha Ch8rity. 18 R•latad party hnsa¢tlon$ Thére were no dlsdosable relat&J paty tranSacti￿S duri￿ the yaar (2024- Th￿8 31