Charilv number.. 2881)08 Lompwny ￿￿nher.. 1117>YI)54 C8mden Chlnese ComTnunitv Lentre IA ¢omp4ny Ilmlted b>. gu8rant¢el Councll of Management's report and financial statemen¢$ for ¢he yEar ended 31 March 2024 Cafftden Chinese Lommunltv Centre IA eomp9ny Ilmlted by guarantee) Contents Pa8e LeBoI a]wJ administraE2ve Inf￿m￿l￿n CLM]r￿lI of MAna8eineMs repo A￿1*1￿[3 r¢pwt io the C[￿￿11 of Mdrt4gem¢rJl meJnbef5 9. 11 Stateni¢tht of fin￿￿¢1a1 Xllyllies 12 BAl4rKe sheei 13 Statement of ¢*$h flows 14 N￿¢5 io ihe finDncial s141erneTh15 15.26 Camden Chlnese Communlty Centre IA compgny Ilmlted by guarantee) Legal and 8dmlnlstrallve Information Charity numbtr 2WX)8 Coryplny rtgistr*tion nuJ*bEr DI75￿)54 Bu4u¢ss ¥ddTe55 9 Ta%.jsl￿k PIM'¢ Londo WCIH 9SN Reglstered ornt¢ 9 Tal'is1￿k Pl￿e Londo WCIH 95N Countil of MwnM¥em2nt Cha Kim 5uan Til Edwml Tsiii Aan*e Lee S￿ndY Smjth Julie Yon¥yL NeatherFuat Vire ChwT Treosurer Auditors Lefiley Rowe & C'ompuny ?nd Floor. 117 KenlosL Road Harrow. Middle5¢K HAJUAH B•nkers Llvyds TSB Bnmk Pl¢ weslini￿$1cr Hwse I Prtrtlund.Sireel MJKhe5ter M13HU SanLand¢r UK PIC Biidle RLKid Booile M¢rse>%¢¢J¢ L30 4GB Sollcltor5 DKLM LLP J Sireel LotKion ECIV 9PE P&Ke I Camden Chlnese Communlh. Centre IA ¢ompunv Ilmlt¥d bv ¥u¥r￿￿teel Councll ol M2nagemenl's Report for the vear ended 31 March 2Q24 The Coiincil of Man￿eMe￿I menibÈTS (who ure the trusiees of the Charit>l pr¢*¢ni their rerxK¢ and ihe financial siatemeRis lor the ytar ended 31 Miwch X)24. The CouilL'II ol m￿￿a¥eMen1 InembeT5 are also direciors ol. CaindÈn ChioesÈ Commuthiiycenire for ihe rAJrpws of cornphny law served durin8 the yegr. Strnrture* 8overn4n¢e and man•8trntnt L¢%fjl slrmcthre Cainden Chinese Commuftiiy Cenirr 15 u re8isiered chuily compfiny I1*nit￿ by guar￿￿¢te with Sh￿ c4)ir471. The Iiabiliiv tsl. Mem￿￿5 In ihe eTreni Trf insol%eAt Iiquidaiion 15 limited TQ 1111 earh. The ch￿1t),S 8overnillB documeni Is 115 NleniorthThlLim and Arlicle% of As.4fKiaiion iiKorpiYhted .% OcltJhe¥ 195kl. li s aMc￿e￿ by %peci471 ie501uii()n ()n _31 Nlay 2(X)5. Gov¢rnance ThQN4T%eDieAI The Chllriiy is 8o¥erned by it5 CouiKil of Monn8emeni. Countil mtivh¢rs are elecied by Iht niembership al tbt AiinuJl G¢nerJl Meetin8 (f iQ-OPted beiween m¢eiin¥s %ubjeci 10 eleciiiin ai the fvlluWir*¥ AGM. CouTrril Mernbtrs 5eT¥e fnr a Peri￿ ol-three J'e'.tr% bul are ¢lisible re-cleciion. Dily to day m:IiiAKemerti (if the Charity is delegaied to the full.lime Centre Mtsna8¢ri wilh 0￿er￿lI responsibility for ihe entire Cenrre'j 51llff. Ne￿ ￿usiee5 unoergu dn QTienialiDn day io brief them on thtir legal obli&atiDn5 under chaTily and compADy la￿.. the Charil} Comnii%%ion guidanLe i)n publiL benef11. 10 Infiirm them nf ihe cpnieni DI Ihe Memorandum an(1 ArfKles of AssnciaTlnD. tlie cninmillee and dec151r>n-m￿kLlls ry￿¢$5¢*. Ihe hi%1￿￿% plun artd recent li￿1￿ n¢ial ￿rfor17}￿nce of the ¢harity. During the induclion day the) meti key employees thher tru$t¢t5. Trusiee5 e￿o11raged to atgend awK(wiHle exiernal trAiniThB eveni.5 thre ihese wjll facilit￿e iht Eindertaking ofiheir rple. Rtloiedpdrtl¢$ None of our inistee$ receiie rcrnuneralion or other b¢n¢fils fTQm their work ￿1th ihe Ch￿ltY Po} ptsllr) Jor$¢Tlorsia The direiliKS iomsidvr Ihe ofdireitors. whu Jre the Comrnuniiy Centre's Irusi¢e>. the seni(K nianugemeryl l¢Jm conipri%in8 the key mana¥ement persoiinel uf lh¢ rhaTily in charge of dErectin¥ aJwJ cvnirollin8. Nnnin¥ (yeratin8 the Triist a day io day basis. All dsrertors 8ii'e iheir time fr¢¢ly no direcior received remun¢tJiioD in the yew. The pDy the Kni(y liaff 1% reviewed iiDDU*ill> and n(Yiiially inL'reA%ed in Krnrdonce w?Ih a￿er￿￿e enrr*ith85 ihe financial rforrnuwe of the chanty. ObJeC￿ve5 ]n4in 4ctiYitits Objecrlves Th¢ pr¢nripal (￿J£clIve of th¢ Charity 15 10 proM￿t ihrou8h the %1￿lY nf f.hin¢se an.s. hi51ory and tultllre lu prvi'ide I'eLre¥iiun s￿)￿1 welfare pJrtiLuIuTIy lu uf Chine&e uri¥ih CY de5ceni IA the LO￿￿￿￿ Bvrough or Cuniden Great¢r Lolldon. Chariiy'5 is to ¢oubl¢ l(Kal ￿oPle to uLies5 aLiiviiies 5Yrviiey by wvvidinB u naiiV¢ langua¥¢ link beiwee) ¢he Vulnerable 51u1u1￿ s¢rVi¢e Ffoviders. The ChdTiiy hos currentl> 61X) ariive rnember% *ho re8Lildrly bTrk¢ pm lis ￿lde ran8e of acti￿llIeS afKI benefii fro1￿ it% SLK'ial dnJ w¢llAre 5er%iccs. Apdrt 115 regulAr Inem￿[s. the Ch￿ilY wel¢ome5 Several hurMJred visitors from diierse consmunilies io its annual public events &wh u$ Ihe Chines¢ New Yeur tesiiial ¢elebTaiiOn. PB¥t 2 Camden Chlne$e Communlty Centre IA Lompany li￿lled by 8uarJn¢eel Councll of Managejntnt's Report Iconlinued} ror the vtar tnded 31 f*lArch 21124 Nlaln acllvlrfts The Inain xtiVlti¢$ undellakefi by the Charity are to fwther ils ¢harilat>le purp03e5 for the public benefit. The$¢ have included.. -Advi5ory 5ervice5. Si8npostinE ox w¢ifJrt trxncli15. health aJKJ hou$iTr8: -cominuiiiiy Devel(bpmeni Pti)JeLts. WtbTk¢ng *'iih Yfiuih ￿￿j Volun1￿). ¥riX2PS'. -Coniribuiory Need& A&5e&5menl PTujtii. In i011d￿ra1]On With serviLÈ5 h¢Jlth authorities: -Elderly Projeci. which womoie4 5(Kial and health welfare.. -HlXll¢bi￿￿￿ PThijeLg. pr￿v￿•￿8 J(>rniciliary aTKI personAI Lkre for Chirte￿ eltlerly di%thl¢d: -A Luncheon Club We very [n￿h corKentrats on Ibe PTomoiion of fiiTre5s. he￿th wtllbtEn8 ihTtsu8h Th re8ulHr FYO8ramnie of tXe¥CiSe. recrethiiollal fi¢￿%$ ¢las5¢5 ar¥J health workshop5 Co￿u￿1 Impl￿41￿1 that iiur Chdrily pri7m{ii¢¥ J hust of e¥eiiis ih..11 ¥elehrJt¢ th￿in¥ lif Li]liural nJiii)nal QCC&%i4)ns. Our edwa110￿￿1 eThrichmÈThi pro8iammtJ irKlyd¢ lanBua8e% leachin8 ir4MlilioThal Chin¢se thrts. Overvlew Despjte ihe %"try fIna￿laIlY chiilienBing £lJmat¢ over the yeuT. we manA8ed to miintt*in 4)ur key sers*ces lllbeit With t1￿1 Lullins ffleu511res in redi￿.￿￿ siaff wvrkin8 hour& exira ¥uNI-ruisiD¥ ¢ffun5. A nei I￿al of over £30.tKKI rJi5ed Ihrou8h the 5￿cIal ev¢ois thal were held. We have $￿eSSfullY launched 4 serie5 of youn8 ￿1￿lEs. proBrammt$ allowing L15 10 olyer mort inier8eneTUtiTrnal voluntetrity8 )¢tivilies ID our f￿￿-raiSing proJ¢¢¢$. We e#n b¢ Tnore owimi5tiC ￿lIh the coming year'5 pr05peci Wilh a p)ieMtal tenarx'j about rth be asreed. and With a m)jor gr&rJi received t.rom Camdell Lommuniiy Ptsrtnership io help si￿r ¢o$i$. .VfrfM&ershlp Our Mem￿rShIp tyurnber5 morginolly ir*reJsed Ip 6fK>. The Ye￿ Sa￿ n p7rtirul￿[ r¢5¢ in P¥miCI￿li0n fri)m the ynunser deM￿raphiC. rnany of whom hJve also si8ned up to relular volunteers. contribuiing and le*Jin8 various proJ¢¢t5, We havt £kirrenily .1 oflice members Icelllre manaBtT. ￿lMi01)Ir￿lor. comrnunity developmenl w(Ykerl. ? catering siaff. l ￿VisOrY strvice worker. I ctsre maDa8er. I c￿* cootdiiiatorA and 15 carers of our domitiljwy care ieam. Some stoff continue lo w￿k on reduced hours due 10 the currtrti fina￿la1 downiurn. We ini¢MI io recruit a c(rtnmuniry development workei to rnonAg¢ our servi¢e5 und w(jviiies youn8 ryjiilis, aad £￿(￿din￿le our Sroup of YoluThi¢ers. R¢¢ruiim¢nl of Suiioble eartrr5 10 meei the Oeni4nds from ihe Coun¢il for PTDvidin8 SLKiol cure %¢rvices Temaill5 U hallen8e. ThLS year w¢ huNe mona8￿ lo .1 new ¢￿tr5 lo join our learn L% we ¢onliThue (w efforis 10 look f ore. Pgge 3 Camden Chln¢se Cr*mmunltv Centre IA LompaNv Ilmittd by 8uarant¢¢l Councll of Management's Report Icontinyedl ror the yegr end¥d 31 Nlarch 2024 A¢tivitiefj and *¢hit¥ements Our domi¢iliyry Service rnJiniAins ove*all "(iot)d" CQC raiin8 f(x our performarKe aml sttvi(¢s lo an aYeroBe of ?.S.3O ilieht% in¥ in Camden. 1slingiun.'IJ￿ We51miTr51er thTDu¥h our d￿}Lated i)f rar¢rs. Ow A4JvJsory serkK¢ deali wilh over ¥AU c45e$ helpill8 i￿J11'KIualS on J(KiuI wellart TnullerJ. We remain in succ¢sslul workiTrg partnership With Tli¢ tireai WJll S￿lelY Limited in ihe mantsg¢men¢ of the 5heliered home wilh re5idenis beiief1llil￿ froin tk rllre 5¢rvi¢es ihai our Cenire oflers. Th¢ Daily LU￿he0￿ Club contihU¢5 19 be very popul￿ With g tot.Trl of 5.5(Kl healthy Ireshly cooked $crv¢d lo ur r()IDTnUTriiy members IhToughuUi thi5 year. overa8e cif46(I mtal% PET ￿1)Nth. We coniinue io run u 14ng¢ ol well aiieL¥Jed dgily h¢ttlih uryj filneij exercise dince clAg&¢$ irKlud¢n8 Tai Chi. Qi-gvog. Ba D¥an Jin. LI￿ & sequeÈKt dJnL¢. Ihe ediicsltioll Atyd rulliiriil froni. we have hosted %￿loUS lil nguages. and tr4¢lilionol chinese Jn progr8mm¢J io erKiiufuge :tJiili learNin8 self-iniwilv¢me￿I inLludiii¥ F.ii¥lihh ILI a seLi>t¥] IESLI sls well Puti>nBhii ¢liL55¢5. Chinese ￿'￿ter colour Ptsilltin8 aThJ calligrophy Jno Trwjilional sione seal cars'ing. The fnll0￿l￿8 health I￿Ik% ill £ollahoralion Wilh ttur partners hJie all been well attended by avera8e of 50 memb¢T5 exh iiine. C¢rvi¢ul 5creeThin8. in PAri￿trihip wilh cA￿Kje￿ Heii lih Wthieh BO￿¢7 cancer ￿￿'1￿eThe55. in ppnnership %lith Heulih Woich Tlemelliia w(Kk%hi)P LCTrnJ*1￿ in Li)IlJbiirdli¢)n Willi Chin¢%e W¢llare TnJ51 UCL. nur inciill and celehrJtnry evenis thrwghout iht yewr have beell very pwlar 8rtJily ethjpyed b) Ihe ￿8h turnwi menibernliip It￿l￿￿1n¥ fiill<)Wing'. Qiiart¢rly Jpinl birthda> celebraiion$ ChT151Tha% evtnis Chinese ￿lThIer %olsti¢e ts￿1￿1 lunch ceiebr*tio Resideniial trip5 for the elderly its Torquay. Corn%all & NDnh Wale5 - Cruises lo Gerrndny. Netherla1￿5 FTdnEe. Yourtk Adtylts, Thi.4 )'eJr h￿* Seen p lar8e develilpment an(1 eKp4insiiin lif proBramme for the yi¥un¥er demn8rarlJi¢ lo the ertthiisiJsm Vvluiiteeritt¥ vllvri of nikiny ttew mtmbers. Thesr Inili4lives ilKlivJe ihe fulluViill¥-. The Film Club. J lilrn 5CTeenin8s follow¢d by a Q & A session wilh ¢he film makers ￿'tre hosied over th¢ y¢NF With vera8¢ atteM$4nce6 of ￿). Supper Club. the Iirsl Supper elub eveni Comrne￿ed in Janupr) WLEh NJ people aritrwJin8 with 8 volunieeT5 pfepoiing the Intajs. Thi$ ts planned io hehJ quatterly. Miih J()ng Club. fnrtn1￿Ijy Mah JLIiiB se%%ji)ll% Ll?tsinieDieLI in OLic)ber ty2_1 re8ylarly aller￿e￿ by 40 people. Youih M¢ni41 Healih Projeri. a piloi scheni¢ in collthorDtioll Wjth Icope and FiiuoviJ Yuuih was iniEi&ied by our vTrlunteÈri irs Ocithr 2￿7 pewJin8 further reSe￿h atv] ayailability af resources. We we plttDDln¥ to expafyl they io inCl￿e a Book club. a KnitlLJW group. Cookery and a Sprrts club. PnEe 4 C&mden Chinese Communitv Centre IA eompgny Ilmlted bv guarantee) Cnuncll of Man8gement's Report Icontlnued} for ¢he vear ended 31 March 2024 Yo￿NIetrI￿% & ContrlburttsAS 14't haie 4boui 80 regulw solunEeers. We want to thank diem lor their 5ki115 a￿￿ lirne 8iven iowwd5 the work of Ihe L'¢thir¢. Th¢iT ¢llort5 in helpinB US WLih our fU￿O.raIsi01 tvtn15 ayKI TuDllin8 vprious projecis i5 8reaily llprwiJt￿. We a150 like In Ihank all ihe l(Knl businesses IndivKluuls ￿.hTr hove rnade Beatr￿15 donatiells. iiems for sale ond r￿ffle draw prizes fnr w furtd.raiÉing events. We we in negoiiaiion wilh Ciiy Harvest 10 aTTaDge lor ihem TO Fxovide 115 with siirplus to(￿ donAtioni its help reduce the QperJlj￿¥ C051 olour LLin¢bevn Club. We Wish to ackTr0￿,1edg¢ thank Camden Borough for 11% tsward of an annual 8ranl ftom ihe Camden C(>mmunily PartneT5hip Fu￿j which will %UPPfj)rt the Cvmmunily Developme￿1 workers Volunteer'5 De¥tlvprneM worker's post IOT 7 year5. Speclol Events We org&rtis¢J J special lurKh io Cel¢￿-￿ie Iht ¥oronulion ol Kin8 ChEvles 111 on FriJÈy 5111 JuiK *U?3. which was attended by os'eT IUI meinher* pli1% 211 staff vpluTrieers. iilso deliyered 111 meal$ io hnufvebwnd elderly lar ihe VLLasion. A video expluining the sythuli5rn Ut the coroJuitiOD wa$ shuwn ￿￿j every￿￿ enjoye¢J n￿arki￿¥ ihi5 liisluri e%¢ni. 4i*iff and %TrlunEeer% wer¢ ithYit¢d by the Brii*sh Nt115eum for a s￿¢1&1 viewin8 of ih¢ exhibii*on on Chyna's HOden Ceniury on rhe 1st Julj. 2Ury3 wh￿h was Nery ed￿￿lJonaI ¢njo)'ed by all. Ow SuniTner Fvle juinily orgunised w?Ih ESEA 51s*r5 I lih ALI￿LIS1 2023 W￿5 u tty¥¢ YWLES5. We e51imdie thii overdll iiendatKe ol over _l(X) petsple and u ioial ot at4jroxirn￿e1j £3.5(M) wa5 rassed. The eveiit was also 4 yurre55 Irom ihe poini of prom￿1￿¥ ittteT-gvnerai¢pnal relthion5hips. iL*nimuniiy inle¥raii()n reifuiirneni Jf new yvu¢8er %oluniver5. A lalk Q & A 5e55ion on Wills & LPA5 pre5enied by Yongi Nea1he￿O*s¢ on 25th Au8us1 2013 ben¢fiiied ovtr 80 peTrple who aiiended the sesJ¢on on ihis lop￿￿1 sthd muEh Tequesied subieci. A itord ol l ?0 member5 ottethl¢d WT %peCi￿1 Mid-autumn c¢l¢br*tion luNch on the 71 St Septtrnber 21)73. Thirt> meiils w¢re deli¥ere¢J LO Elle IJousebuuJiJ ¢ld¢rly. £?.LW Irum thv ¢veni ￿1th £SJJ thruugh lh¢ vl ruftle liLkeis alone. Ow Chinese New Y¢or eveni was SULxe5sfully hekj ihe 17ih Febwvy 2074 wilh a iurnuut of uwer ￿ Pe￿1¢ achievin8 a record tundraisin8 amount of about £15.tKK>. Abix¢i 40 volu￿te&r5 hel￿ us duriny the ￿￿e￿I with 15 mu$iviJn5 51n8er5 performi08 ltir u5 IhrouBhoui the day. InterDUtional Women'5 Day rel¢bTated by 53 of our wvmell rnernber5 over d &p¢ii&l Dim Sum lunch OJ Fr￿￿> 8th MJrrh 2024 ai a ChiTha Towth resiaurani. BNlldlK8 Ipttprov•yiiewts ur4isun Wcbrk und liltin¥ uui woj'k hus &t#ri¢J a4 Lhe froni bti&em¢ni rvvm u5¢ st￿110 & leaLhin8 workthLP fvr ourdev¢lopin8 music 8r(w ￿¢￿10￿￿1 $un)e5 room lor ￿1r elderly membeTS. Page S ca￿deA Chlne5e Communl¢y Centre IA company Ilmlted by guarantee) Councll of Management's Report lcontlnutdl for ihe vt#r ended 31 March 2024 Cht711en¥ff5 Oppwthnlrtes We were delighted 10 wtl¢om¢ the Lorwjon Contempwory D&rKe School as proJFYciive ienams of our r￿s1 lioor ¢ Autumn 20*4. With ihe ￿tr8e￿nin8 work among the ythung *lull$. w¢ will continue 10.%eek grAnts coll4bnraiion With l(*al voIuniuTy Bfoup5 10 de%elq) our wojtei$ ID ruliural iniere51. health thlu¢#iion Jthd prOM￿1n8 social inte8raii0n amon8 lh¢ IrKAI communily. I coniiniit 10 wJtTrire and mDrvel ￿ the hurd work pui ID by Lylr sMff athj volunieers in the ded￿ated 5ervKe Trf our ¢mb¢rship %ind cominunjty. l my lellow irusiees coTrgrgiulatt Ihem on ihetr ￿hIevemen1S )ThJ ¢on5iderable success keepin8 LXW CtntT¢ l-InutKiall> afloat. only ihat. we h4ve cominued to develop mtsny new services. I hLV Ihal W'tth coniiniied finaKi&l sgabiliiy. we wjll coniiiiue to Iv ensure all our *rvi¢¢$ are relevani ￿￿1 PO￿lIar. Flnanclal review The CliJrily xhie%ed nei increase on funds of 11.561 120fj1.. £IU.4111 decreDse}. i￿re&ll￿g lOt)I fU￿J3 from £1.924.664 The CthiD¢iI of ManAgerne￿t *lively TeVie￿.5 the rn&jor risk5 f￿1n8 the ChArily on a Te8ulvr bllsss and believes that mainiaining reseries ai a levtl less than Ihe curreni level. Combined wilh on anniiDI rtVi¢w of ihe controls over Ihe key fin¥ilci41 yy51ems w'ill pro%'Lde rv5vurces in ihe event uf ￿￿'¢r5e LO￿J1¢7￿￿&. Ttsr Council ha5 olso exJmined the oiher sSF4I¢¥IL aThJ uperutiunJl wvblerns wilh ilie Ceiiir¢ 4iid ils users i￿nfir￿7 thai s>51etiis IiLive bven eilablished to entsble regular repffis to b¢ mwje 50 Ihai the net¢$SWy 51eps can be 12k¢n to mi1¢8ale risk% Id¢nlified. Reservespollcy The Ci)unL'II uf ManJ8eiiient hds forrnulaied 4 ￿>11¢Y wh¢reby. the liTrng ierm. ¥eneTal reserves hew hy ihe Tru&l should cover three monihs of non4¢Kr¢iiongry resoiwce5. Thi￿ currently equatt5 10 approximJt¢ly £96.113 &nd would enable aEliYitie$ i¢>continue its the short ierm should fv￿Ing drcy Si8rJifiranlly. Al pre5eni 'frt¢' rtserve5. ￿ BpproAimalely £179.903. exceed this l.'wi bui in ihe coThiexi of the CILWit> s term mainLethunLe r¢quirernen15 uf th¢ buildin¥. the 5wplus is nL* consi(lered io be 5ignifrNani. In C￿C￿l&ll￿g.[¥¢C, re5ervey Ihe Trusi¢es have excluded Ihe desi8ndted re¥erYe3 th￿ reFreA¢DI lixed ￿Se¢S. Both wlKy iis inwlemeniaiion are re8iilar reviÈW. Pllns for future period5 W¢ aim lo rnaintain the high qandard nf deliver) for all $ern￿eS and ¢onliThue to moniloT OUT financial reS￿￿CeS Jnd Intniiments im the everdepTr$sin8 public fun(lin8 environmttDI. PHgfr 6 Camden Chlnese CDmmunlty Centre IA Lornpanv liffjil¢d by gu#r#nteel Council of Nlana#ement's Report Icontlnuedl for th¢ veAr ended 31 March 2024 Public benellt Stalement The Council of MJna8emeni members conltrjh they have complied ￿1th th¢￿ dul) lo huye due re8ard tu Iht BuiddrK'e publiL ￿ller11 wiblished hy tlJE Charily Ci)tnmj*sj ai ii lly liine the f*nancial POSitJon ol the charit&blt Company and ￿hICh ¢nable ihem to enxtjre th Ihe finaniiul 4iatemen15 Lumply ihe Ceinp*inies Aci 2(X)6. They ulso re$pLs11sible lor salttguunJin8 the ass¢gs or the LhAFiiJble L'umpyny a￿￿ hetKv l(Y toking reusun74 ble 31eps Iijr ilie preieniiun Jel¢Llion ul fr￿k￿ ￿j￿1 Irre8ulorJti¢¥. Audltors Lefiley Ro￿e & Compaiiy deemed lobe rellptX)ln￿d in ￿corda￿e V4)Ih S￿11017 4871•l ofihe Companies A¢1 ?(x)6. Page 7 C.Skmden Chlntt¥e Cijmmunlli Cenlre IA ¢omp¥tsy Ilmlted bi 8u*r9nie*l Councll ol Al*tha8tmeTrt's Repori Iconiithupdl for the yeAr *Mded JI M4rch 2124 Thii report has been prèp4rrd in aEcvrd&nre the Jin411 roTrN)w¥es ¥rd¢r P￿¢ IS thc rampdinies Att 21K LknMl¥ Chuj Chair Dale.. 29101J2025 Camden Chlthele Comniunltv Centr¢ IA comp￿￿). limlted b J" guarantee) Independent audlior$' report to Ihe members of Camdf n Lhlnese Communlty Centre for the v¢ar ended 31 March 2024 Opinion We hii*e ￿KIll￿ the final￿la) sI￿e1n￿D¢S 01 CJmLl¢n ChiTr0¥e Cornmunity Centre for the y¢* JE Mwch ￿?4 which comprise the SIMiem¢ni of Financial Acii%iiies. BiilaiKe Sheet. the Slpt¢meni ol Ciifili Flows dnd ihe relaieQ Ilut¢5. 1DrI￿1￿¥ a y of &18ttlf￿Hnl ￿¢(w￿lIn¥ policie5. The finunLial reKknriiDB fr4rnewnrk ihai been dir￿lled In iheir Prepur￿l￿n 1% aA)IKHble law Uniied Kiiigdom ALC(AJntin8 Sl1d ndiwd5. Incl￿11￿8 Fin&rKial RerM)riinB In2 Th¢ Financithl Reportirtg SlandvJd upplicable in the UK on(1 Republic ol Ireland IUn21ed Kingdom Gei*rally Accepied A¢¢ouni¢ng Piwiicel Compon￿1 Act *(X)6. In our opinioii ihe finDKi41 stattmentJ-. ive ￿ In￿ 4￿j fair View nf ihe 51Jfe (jf Ihe company's offair% tss at 11 M#rth Zl)24 11% Si￿luS the year ihen C￿jed.. ha%¢ been properl) prepared in xrordarKe with United Kingdtsm Generally Ac¢eyed Accounting PrJrli¢¢ applicthle io 8mkller Eoiilies.. aN(I prepared in ￿[￿r0￿nce with ihe requ￿e11}En1s 1?r ihe CumpanJe5 Aci 2￿6. Bw515 for opinion We L¢Jnducie(l (N]T ￿￿j11 I￿ accordAnct wilh l*ierNaiional sla￿lards nn A￿￿111￿8 IUKI IISA5 IUKII nnd oppli¢ahle law. Otsr re5POll5ibilJties uThd¢r those $iandard5 are further de$¢r¢bed In ihe audi1￿5. respoiisibilities for audii of the financJJl statements sectihll of wr repon. We ttre irtdependeni of the company IA wrordaTKe with ihe eihicThI requiretnenls ihai are rele%Jni tu uvy 4udii ol Lhe lind￿.1￿ sldi¢ffte1115 iii ihe UK. illL.1￿*￿n¥ Ihe FRC'5 EihiiAI Siiindxd. w't liaye full'illed our olher eihical respoTh%ibilities in Kcordunce ￿,￿lh ihese requiremeThis. We believe ihAi the &udii ¢videKe we hu%'e 0￿￿*￿¢d i suffi¢ieni oppropriAie tn prnvide a b￿1$ for Mir trpini￿n. Con¢luiions ￿l¥ting to goir¢g ¢on¢¢r In aiidiling Ihe Ilrtsiwial siaierneni%. WÈ b￿￿.* Concl￿1￿ ihai the COU￿11 of M**a$¢rn¢Tr15 uie of ihe gojng ¢otK¢rn bu3is of ccounting IO lh¢ preparuLiOn ol fin4nLiuI 514lemenr5 1% appropn*t¢. El￿ed on the work ￿-e have p¢rfnrmed. we hdye iiot ideDl1l'i¢d ilny maieridl uncert-.lilllie% relaliny lo evenis or con(l)IIon4 lh￿. indiyidiially C()Ilérii&ely. rnily ca%t Sl8rtificani dou￿ Ihe company's abiliiy continue *% ts goin8 Cilllctrn perid Df least twelve months frorn w￿n Ihe finaKial Siiiiernents are )Uth￿ised for issue. Ovr rebpi)n5ibiliti¢s ￿￿j the re4)OnSibililie$ ofihe of Man?$emenL wkih respeci to SQ1￿8 Concern d¢3cTibed in the relevunt se¢tiOns of ihis report. Other Infurm¥ti(kn The other ifjfnrmalion COllikYi%¢s inf(Ylliilliilll Inclwled In ihe aiinuul repL)rt. Iiihei- Ihaii the 51Jtenienis and NLT *￿171￿r5, report Ihereon. Th¥ Council of hlJna8em¥ni pre responsibl¢ foF the oiher Informulion. Our opinion the finallcial sttstemenis doe$ noi c()ver ihe iaformHti(>n UTKS. excern io ihe ¢XleTri nFherwise explieitly 51ured in our reJx)n. do n eKpreR¥ any form of 4¥swince conclu51tsn thereon. In conneciion wilh ow ￿1￿11 ol. the finarKial staiemeni.4. ￿1r responxibilily is ro re￿ ihe other i*formAtion A￿. in doing so. consider wh¢iher I￿ oiher illforrnaiioll IS m4l¢rially inconsistertl with the finarKiJl siJtemeni> or oiir k'iiowl¢d8¢ o￿ained itt the audit or Ol￿rWIse appeur5 io be materiall). iiiissiaied. 11 we ideniify such nillteriJl inconsiMencLes or urryoreni niaierial nii55tai¢in¢nis. we Jre feyuired iu determjne wheiher there Is a n)aietiJl m15&¢￿1¢￿￿nl in fin&r￿.1￿1 si4￿1￿￿nis mdlVTi mi$%taiemeni of rhe other informiition If. based on the work have performed, we Con¢1￿je thai there 1$ a material nijsylaieii￿ol uf Lhi5 (rther iThformaiiorn we ¥¢ rwusred io reEM)ri lh￿ [￿1. We have noth)n8 ro report In thi5 re8tsrd. PAg¢ 9 Camden Cblnese c0￿MUnItV Centre IA Company Ilmlted by guarab)teel Indtpthdent audllor5' repor¢ to Ihe members of C#n)den Chlnese C0￿Mu￿11Y Ctntr¢ for the year ended 31 March 2024 Icontlnued Opinions other mitteTS prescribed bv the Complnles Ait 2006 In our opinion. baqed on ihe iindertik'en in ihe cour4e of ihe.?Iidil' the irtfthrm*ilion given in C()u￿11 of Man&28ement's repon f￿ iht firsa￿l.1[ y¢4r fw whKh ihe financial siaiem¢nis wepnred is Consi￿ent with the linoncial siatements.. fynd the Cwncil ofNiana8ement's report h&1 been prepareé in xe0rda￿e with appljrable le8al requirements. Matters whlch we are requlred to repor¢ hv eiception l* ihe li8hf nl Ihe knowledge ￿￿￿er￿la￿l￿g ot ihe company ils envirnTrrneiii ohtained in Ihe cow5e (bf the a￿11. we Wc huve N(rthi￿8 10 report in rÈsrthi lollowin8 nidiiers wh¢r¢ Ihe Cvmp4inie5 ACE J? X)6 requires us 10 report lo you if. our ￿InIOn.. deguaie arcouniiTrg Fe¢LYd5 huyt nffl iYen keN. ur reiuriij wJc4iiale for wr Judii hdve beeo i¢LeiYed fron) branches Iisited by U5". Iir ihe finaniidl 51atement& ar¢ noi in A¥reerneM Witjj the:*'rwniing records rhe reiurni.. uf ler1￿1￿ di5rliK4uFe$ of trusites. rÈmunerutiun %￿rified by ure rnthle.. we haN'e not receiv¢d all ihe inl'ormii lion Dnd txpl&n￿lloDS we require for our BudiE,' ( the cliu1￿11 nf Mana8emeni were ncil ¥niiilwJ li) preP￿￿e ihe fin￿￿￿'L￿1 %lJt¢lTient% In Witli the %mall eompunie3 1¢8ime and lake adv311ta8e of the companies. exemptioth$ in rffeparin8 ihe iruste¢$' r¢port the requ￿¢m¢￿t In prepiire 41 5trate8ic rerK*t. Responslbilltlts of Council of Manogtment m¢mbtr5 As eKplain¢d more fully in lh¢ 51a¢¢menl of Council of NlanJgtm¢nl's Re5ponsibiliiies Sei oiit on puge 6. Ihe Council of ManA8ement (￿hl7 Jre ?150 direciors uf ihe t u guuraniee iha( ali AL￿11 Conducted in accordnnce With l.SAs IIIK l ￿.111 alw1& y% detect rl maierial rniSStai¢menl when li exilt$. MJssiTriemenis dfi&e from or error and are Ltsn5i(lei¢d maierial If. i￿lIvi011&11>. or in ihe a¥8r¢8aie. Ihej noumplianLe ￿lIh laws.qnd regul￿11¥?￿%. We de5iBn pr(￿e(lUreS in line wiih Ixtr rt4piinsibiliiies. i)Ullin¢(l JlM)ve. io dete11 TDaierial rniSSlatenieni% in Tel￿&1 E)f Irre¥iiluriti¢S. InL1￿1n¥ frdtkj. Th¢ ¢iieni io whKh our proC￿ureS are Cap￿ble ol d¢i¢rlin8 irT¢BuI￿J¢les, In¢l￿J)￿S fr4￿j isd¢t#iled i*low'. Pwge Ill Camden Chlnese Communltv Centre IA company Ilmlted bv guaronteel Independent audltors, report to Ihe metnbers of Camd¢n Chlnese Communlty Centre ror the year ended 31 Mgrch 2024 Icontlnuedl 1111 (wr uiMJer&iJnding (if the L()In￿￿)nY ilie envjlQnineni itt ¥khiih it Iip¢ra*5. we ￿e￿ilr1ed thot lh& prirt¢ipol ri.sks nr non-cornplinnce Wilh law5 aThJ rexiilotions r¢l.Trie(I lo resulaiory requiremenis ol. Ihe ChJfilies Cpmmi55ion. and we con$idÈrtd the exi¢ni lo which noii-complittllce mjiht hai'e a tnaterial effeci ihe filijlltial %tJt¢tnenTI. We al.%0 ¢on%idered Ihose law5 ond reBuloiions that have 4 dire¢1 on the weparaiiOTr Of the fimathcial sithemen(s such os the Complloi￿ A¢1 2￿6 arwj ihe CharTrlies Aci ryui i. We evalua1¢4J m)tha8etnenl's incenii%es and opporttjniiies for frauduieni mllnipul)iion ot fi￿ancIal XiaEements liJKlud1*8 Ihe risk of overr¥Je of COlilfDlJl. al￿ delerfflined thai ihe prin¥ipJl risk5 were relTried io postinB Inapprtspriare journal eniries and manaBernent bias In ¢ertain accouniing esiimatts j￿￿¢￿e￿i.5. Audil l?rncediirex pÈrfiJrm¢d InCI￿￿ed.. Enquifi¢* wilh muno8emeM. LMcludiN8 co￿51de[￿lIOTr of known nr S￿SpECted in51a￿e% of Tronrnp1ia￿e wiih J law re¥uldli(In 1% reiiifjiieJ fri)ni Ihe e%'efJls an(1 [Tan%4￿lI￿n5 refleL'ted In linawidl 51aiefflentS. us We Will be les5 Iik¢ly 10 becojne ll￿.are of ins11￿¢5 Qt non. colliision. amissiftn rniSfepresent&tion. A funkr dtKription of our responsibililies lor the ￿￿11¢ of the fi0&￿illI ilaierneThfS IS I￿ated on Ihe FiDavKial Reportin8 Council'% websilt ai" Www.fir.or8.Iiklll￿1gThrsreSpQts5IhIIilieS. This deSCTiptiOn frtrms pan of (YUT Auditor's reprrt. Use of our rEport This retHiri i.E njthe .41)lely iii the L ￿l￿punY￿ niem￿¥5, il h¢wJy. in &'CLbrdafiL'e With Ch:yM¢r l ¢)f Purt 10 ()r ihe Ciimpanies Aci 1(K￿. Our Al￿1L 14.urk ha5 been underiaken 50 thai we might sidte Iv ihc ¢ompan)'s MenI￿r￿ ih05e rnaiieT5 we '.￿e requ¢red 10 51ate io ihetn ¢D Jn aLTrdi%nri' repnri and fpT other Pwse. To the full¢%1 extent permjiied hy law. we do not Lepi Iir a￿$U11￿ re¥￿)n51b)lli} ti> Jnyi)ne iAher than the compuny Ihe cornpAfiy s rneinh¢I5 Ll& li h(￿y. fiK (iur ￿￿111 Ibiirk. tor this report, or for the 4>inions we h4v¢ formed. ChT15topher Andrew5 ALA For and oi) behalf of Ltftlev Rowe & Compan Ch¥rlered Acco¥nl*nts nd StAtUlory Audltors 2nd Floor. 87 Ktnton Road HHrrow Middlefex HA3 OAH t+(,It Pggt 11 Cgmden Chlnese com￿￿￿￿1). Cenlre IA company Ilmlted by guarantee} Statemenl of financlal actlvltles IlncorporAtlng the Incojne and expendlture aceounti For the vegr ended 31 M8rch 2024 2014 'roi 2023 Tolal Notes Inco￿¢ 4nd tndowmeDI 1￿CoMe from donaiions le8K￿$ 11.YU4 384.4_f I 116.6UJ 325 ?4.508 11 A.n24 1¥4.B57 -384.451 116.6U3 3•5 I￿rOme from ￿her a¢ii¥ilie& Tvlyl Incorne •Dd recelpt 513.2R.3 122.612 Expendityre Ex￿nd]i￿re ort r*ii>inB lunds Exptndiiuye OTr charit*bl¢ Kiivities Oiher eAp¢ndiiure 211.4(16 470_54_ 211.4( a711.541 ?.773 ?2.y¥) 492.-3U5 12.773 Totsl expendlture 511.722 53.1.1)22 Net 1neomln8llou¢golngl resourtes before tr8nsfers 110.410) Transfer betwe¢n [￿￿J> IRestriCt¢dl Transter betweem tutyjs lunresir￿1ed) 1754.999) 7%4.999 Net in¢ornelldendtl for the ye#r (10.4101 Total fuThds brou8hi forwwd 1.924.f>64 1.914.6 1.9.35.074 Total funds carritd forw•rd 1.9?6.??5 1.926,2*5 1.974.664 Th¢ gtsterneni of fJThancJ*l XiiTriiies inclwl¢& oll Sai￿} and losxes in the year and ther¢fttre a scparait stdltÈmehi nf ithal rec(ynised g￿L￿$ losses hhs nat been FYep8red. All of ihe thoi'e •mouMs relat¢ lo raTri¢￿uIng ￿liVi11e$. The notes P￿t5 15 to 26 form integrtyl psbrt of these nhmncial stalern¢nt8. P￿e 12 C#nid¢ts chInw￿ Cijnimyiill) Cvrilre IA compAny Ilmll*d bi guargniee j BaTrllnc¢ 5htt¢ ¥% YI .11 NIAr¢h 21124 J)24 Nults Fi%td AJAts Tulsiblv ￿$s￿S cur￿￿1 DeErtors C'lstt and iu 74.357 67.IMK) 117.UJ 214.¥45 Crèdlt•rs'. #tllounts filRln8 dne wlthlll W￿T 1611.6561 Net ￿rr*￿t 17Y.Y63 Nel l.Y24.bts4 unrel1r￿EOd Incom• I,Y2ts.225 ot•1 funds .Y24.664 Th¢ filliU*i41 Were by th¢ IWJ OTh its tyhilfby Linda ch￿Th LhAir Edward T￿1 'rreasurnr t)•i¢'. 2910112025 Tbt noleJtrts 15 ¢0 26 ii*e¢r•l oftheR fiTr*rKiul itstEmtTrt& P4w 13 Camden Chinese Community Centrt IA comp#tty Ilmlted by guargnteel Statement of cash now'5 ror tbe year ended 31 March 2024 2024 2023 Nolts C￿h flows frum opernliiil activilits: Nei income/(eXpe￿il￿re) Ior th¢ )'ear InieTe%i p#}ubl 1325} 24.213 17.3571 D¢prt¢ldtion itnpairmeTht Increase ill debi￿% De¢rea5e in crediiof5 24.?63 144.IYg1 Net ¢8sh (used Inyproyided by from oper*dDg artivities 139 5911 CHsh nows from inw¢slillg artLYlties.' -12.5 Inlere41 paid PurLha5e ot lJn8ible fix￿ asseis used in inwEsil*E ¥rtivitie$ 325 118.9841 Cwh now¥ from fintsnciDz artiv jljt5 124.91151 CANh uscd in IliiahLittg adivi¢ie5 124.9851 DtcrEHse cash aiid Cash equivwlenl% in the year IIU.688) 176.56!) Cash *nd C￿5￿ equivaltnts it the beginning of the ye*r 147.845 ??4.4n7 Tot¥l and ta¥h eguii4lents ml the end of the )'eAr Pnge 14 Camden Chlnese Communit). Cenlre IA compally Ilmlled by guarwntee Notes to Ihe noau¢lal s¢alements ror Ihe ye&r end¢d 31 M#rLh 2024 Gtiier#l InfurM4￿on Tlk 1% a wii'ate company limii¢d by ¥tsaraniee. reBisiered in EnBIAnd & Wule$. The 4¥JdresJ of ihe r¢¥IYwT¢￿ iilfice 9 TuiiSI(*k PIuLe. l.IinJiin. WC I H 9SN 1.1, St•temtnl of eompllillrt Tkse linatKiuI %iatemenis hive wepared complia￿¢ with FRS IU? The Fina￿1￿1 Rep(xrin8 si4￿19rd awliiuble ITh the UK lh¢ R¢publiL' uf Irelu￿1.. 1.2. Arroundng poli¢les B8111 of Aettrynlln8 ol R¢cL)nimeTrJed Pra¢i*e appli¢thblt io churiiiei prepurin8 Ih¢¢r n¢Lounis In 4KcordarKe Wilh lh¢ Fin4NiJI SORP IFRS 111?11. Ihé FinunciJl R¢portin¥ Siuixjwd uppliithle ITh the UK Republ￿ vf IrelAThJ {FRS 10?1 Ihe Cnmpthnie.s Aci 21Kh. CunHJeJi Chine%¢ Communily C¥nlre the d¢finliiu* lif u publsL ￿￿tri1 e￿IllY Lind¢r FRS 11)2. A4h*i% o4HI The fina￿1￿1 itot¢rn¢ni$ Frtpllred in 51erlin8. whi¢h li the furKlional ciirreKy ot ihe effttily. Fund G¢h¢rdl lu1￿> thTe iiiirtsiricied fund% whiLh ure avdilable for uxe at Ihe diA4Teiii)n IIT Ihe Truslerh in furth¢roK¢ ol ¢b¢ ¥¢n¢rnl nhJer15 111-Iht CIIw11y lind which hlll't heen de%i¥nuied fiif ixh¢r ￿rp{liCI. Deii8naied ¢ompri3e uRreiEficEed lunds Ihji liAve l*en sei uside by ¢he Triisi¢e* lor pdni¢ulaT purpos¢S. Th¢ Aim And ujt ol e￿.h de4i8nAied tund li let (￿1 in ihe not¢1 to lh¢ firjuitiul ylaiemenii. ResiriLied funJs *W¢ [￿￿J1 which til h¢ ux¢d in wilh %￿li11L r¢%triiliiinN Iniyi)%¢d by ¢Jiiiiiir% ￿h1¥h hnve been r#i%ed hy iht Chwiiy pu#*ular pur￿4¢5. The c051 01 rAIsio8 ar¥J wjminisierinp sucli lund* ive siaierneTrii. StaiLII(Ky 8rTrJ￿ which are 8iven n3 Cnniri￿1IOn￿ rvwwdi the Chority's tffe JeTvire% llrt iTell￿d os unr¢stri¢i¢d, PTrge 15 C&mdtn Chlnese Communlty Centre IA ¢omp4ny Ilmiled by guaranteel Notes lo the flnanclal statements lor th¢ vear ended JI March 2024 Ineoming resuurre5 All Incomin8 iesource& llre irKIiKled ir) Ihe SI￿1¢￿en1 of IinarKial uctll'ilieA ISO>A) when the chariiy is leglllly (iiled i(> ihe ini1>i￿e the ami￿nI L41ll be 4iiJniilied wilh reth%l)nable ￿L￿ri￿Y, GrontA or¢ ¢i¢diied 10 the SOFA when rx¢ivuble. IKomin8 re50urce& ure onl> defered wh¢Te Ihere ure linie Churily ure within woliini4ry I￿￿me, CvniruLi iixume lees r¢¢#iv¢d Irom us¢ry ur¢ LIM51dvred iu b¢ Unre￿[Ic¢ed. Don*ioThi ore reco8niA¢d in Ibt kxrityj ID whicls ihey ore received. I￿0mÈ tAX re¢overthhlÈ itt T¢l41ion Gift Aid don#ions 1% r¢¢ogiii%d ￿ Ihe lime ihe Televnni income IA r¢¢¢ived. I￿￿me friim inve$imtnl% is IrKluded In ihe year in whi¢h Il 1% rt¢eivubl•. Fxptndlture All expv1￿1lllr¢ I￿ ilLIUIIIILed fLY un an bth¥i* urrfj hub been i￿l￿ed uiMl¢r exp¢i% ¥yie¥wiei th U88re¥ute llll ¢o>is lur u11<￿￿110￿ io YKliviiie5. Irreeuver•bl¢ VAT Is ¢h&r$ed UBuinyI the cllie¥ury ol. r¢Aoiir¢¢s ex￿tt￿¢￿ fiw whKh It Wiii I￿urred. Siilthry ¥upp(￿l Ll?114. whlLh Lthnniii be direcily utili￿1¢￿ i() p￿rtI¢ll1 LIj¥jiiy5. liave been lipp￿till￿¢￿ lil Ihe uLliviiie* Ihe ehiiiniiieJ iiniy Xp￿￿11 by ¢iKli *uppun >iafi meinher. Oilier suppori COAiX lith%¢ b¢¢ii ulliKuled on the biLSib ol. lh¢ dir¢¢t itthll ¢vs1& ul ui) i￿lIVI￿y. (iovernthiK¢ ¢o%i$ IlKl1￿¢ Ihe 1'gn8lbl¢ Ilx¢d 15sels And depre¢l*llo Tuiiyil?le I'ixed iw¢ 51iiie¢J Ji le%$ ￿¥￿111)ul￿1ed dtprcLi#iiun. DvpreLiUiiOli li rule ¢4l¢ul4ied 10 ￿11< orrihe c051 1¢%% re$￿V41 i'*lu¢ Trf ewh ￿Y￿1 over Lis ¢xp¢ct¢d ii*ful life. ab foll￿￿1.. Luivj builJinM Plnni li￿ InuLh1i￿ry l¥nproi'eineiii%. lurnitur¢ und ¢quipmeThi Kiichtn ¢uuipniet)l llJMI uieniili S¢ruixhl line liver l¢lly ye￿* from JMi¢ tyr >iruL8hi line ¢o¥i ()* ilrai8hl line fjn c￿1 20* sirni8hi line on cost All Dre cRpituliJ¢d lo iheir Thnrure. Freehuld IAiyJ i¥ d¢wcLiuied. Suftw￿¢ wilh ihe in%i4llu¢ivn vl L'VlLipui¢ri 4r¢ Lwilulised D¥nned rontrlbulliin pen51on 8ch*rn*s The pension cos11 churi¢d In the IinaKiol Jilliemenis reprr5eni the contri￿li1)n p4ythble by iht charlty durin8 Ihe Camden Lhlnese ComTnunitv Centre IA compuny I1￿￿ted by guarantee) Notes ¢0 the flnanclal 5tatemenls ror tht ye#r tnded 31 March 2024 Ineomt from donwtions and It8￿¢6¢5 Vnrr$idcted Rtitrlcted rund fujidi 2024 20 Totol Toi LB Cainden i>lher Bran¢i- 8entTal ￿lMIn 2.9an 11.9 24.508 Income from rh8rltible Attlvlll¢8 UtsresiActtd R¢1¢￿<¢ rund¥ fviidi 2024 2023 Tutul EldtT4y ProJ¢rt: .16,142 2J,U16 .K).984 20.677 Arli¥iiie% thnd oilier I￿Ome. El(JeTIy 2J.(M)6 59.148 59.148 Housebound Prolecl.. LB c￿n￿*￿ - Hi)u%ebouDJ ¢ontr￿1 138.748 79.4411 26.mil 158.74 79,448 26.￿x R5.6J9 Other H(w5¢b(w￿] l'lintr￿1 265.044 26.1.IMJ Ih¢r ActlYitl*i: oih¢r meinbership feel Oiher octiVil*% urwj ouiin81 I￿¢m¢ J.358 54.YUI 4.J77 2.Y27 In¢omt ¢h4rliRblt activl¢lt* 384.431 Camden Chlntse Communlty Centre IA compgny Ilmlted by gu¥rantetl Nole$ to the flnanelal statenitn15 ror the yeAr ended 31 Mgreh 2024 Income from other w¢ilvlde$ Re51ricted 2024 'rotal 2023 fuiidx AdminiXtr'.ilif>n f¢¢ Renial income FundTQIS4n8 el'ent Hull Hir¢ IIKom¢ 17,1126 .17n26 49.794 7Y.-354 J9.f)9¥ 56,07J ?1..502 5b.075 116.60J Adminisiruiion feel were r¢ceii'ed trom CJi¢ui Woll S(Kie¢y. n re8isier¢d i(Kinl If¢￿41￿[d. for ull(Knlin8 tenAntA nd curyyiM8 L)Ul 8¢nernl ￿j￿IllI￿rr￿IiYe ierviL¢%. Investment In¢ome UnT*￿TI￿.11d K¢iiri¢i¢d rundj rundA 21b24 2023 Ink inierthi re¢eiYqbl¢ -12.1 223 P￿¢ 18 Camdtn Chlnese CoMM￿nItY Centre IA conipany Ilmli¢d by gu#r&mleei Note5 10 ¢he flnanclal statenients for lhe year ended JI Mirch 21)24 An&lyths ofexp¢ndltUTe Adlyilies ndrriwke dirvrfly Grnnl runding nr dlvili¢s Support 2024 Ttst•l 2023 Toityl Elderly Group Advir¢ HuusEbounJ Community developmen¢ 71.572 4U.123 19.422 6.1.444 6.487 102.065 37.249 31fl.573 J3.818 ?9.941 119.99 J 20.16 Toiol exPe￿Ill￿e Exp¢ndiiure on riii$in8 fiithli Oiher expndiiure Supp)rt ¢c)y15 111.070 10.471 219,995 1.9.15 129.478 4711.$41 211.41)6 12,773 49? Ill5 64.772 6).21 112Y.4781 •?4.3¥6 2￿7.1.16 lJ.l.U72 21b24 21123 ExPe￿J11Ure inL'lwl¢il.. Aixlilnri. remiineruiicill.. 8tuiuirtry a￿All fee D¢pre¢ithi¢vn hli)118Alle Iniere*i 24.21J Detllils r>f $luff ure 8iveTr In Nut¢ 12. Dcliiils ot Expe￿I¢￿e on ruisinB lund%. Oth¢r ¢xp¢wJiiure 5uppori cos15 8iven re$peLlively Nthei 7. Support £o&ls Trre &llc*)i¢d 10 proJ¢r15 in lint wilh lh¢ r¢loi¢d Slufl"10s1J. Fdxpetidltur¥ ots r¥lslng funds Un￿￿1n￿1tJ RrslriL*td rundj di 21>24 202J FutyJraL&Lll8 L051S AIIEKdiiun urs￿l￿rY ¥thsi$ 26.471 1.9J5 26,471 1.935 3.IM8 2¥.4116 ?X.4116 Pag¢ 19 Camdtn Chlnest Cotnmunlty Centre IA comp4ny Ilmlied by guaranleel Not¢1 ¢0 the fln4nclAI stalements for the yegr ended 31 M#rch 2024 Eiptndltsre on chArit4ble •¢tlvlites. by fund type Urbrc51rided fviid 2024 2013 F.Iderly fjmup Advir¢ HcAJg¢boutKI Commiinsiy d¢velopm¢ni ID2.66% .17.249 118.571 -13.8111 29.943 302.150 26.747 29.943 302.1% 26.747 47(1.541 470.54.3 492..105 Expeiidlturt on tharltgbl¢ 8¢¢bvltl¢$. by •edvlty Dlrnct Sioff Support coils 2024 I'ot#l 2023 F.Iderly Gr(M> 14.422 63.444 6.4¥7 29.94.1 .17.249 I l A.573 .l.l.B18 HOu%ebvu￿j Ciinimuiiily devel(yrneM >.260 16.747 129.478 470.541 10. Oth¢r expendlture U1)￿￿t￿lI¢d fundx 2024 2Q2J A￿ll•r remuner&itoTh AGM & aiinujl report All￿￿11￿￿ ¥ylAfy 5.IXKI 3.1 7.738 -1.51K> 7,7311 17.7_14 Pg¥t 20 Camden Chlnese Communlty Centre IA company Ilmlted by guarantttl Notes lo the fin8nclal sto¢emtnts ror the Year ended 31 M9rch 2024 Anttlvsls ofsuppvrt C0515 2024 2023 'rthiAI Tolol Wu8es & salorie$- 8ttt ￿dmI Employ¢r'5 NIC- Ren fyjmi 57,501 5.72.1 90,605 8,581 Wllter rlli¢J- Wdinin General r￿1￿% admin Li¥hi & heuL- swjrnin Repnirn & n7￿)nten￿rKe Clenning InAurAn¢e R*fr05hmeni & siiiff entert4inm¢ni Gu¢ii ent¢riainmenl !55 8.689 4.9(18 4.jlo 230 2R 62 6,JY4 2.689 Telephiine Priiiiin8 exp¢Trses PoiiJ8e 2.172 4.17 728 1.7R4 IT expeMe DtpreLiuiion Gruni ex￿nIeS 24.213 2,474 Voliinie¢r5 eX￿n￿l B4ak LliJr8e 641 AL.tIvLli¢￿ UUlinB cXpen￿b Prlijtii exr*nk% Sutyjry tApen*% 2.891 6.D41 129.4711 172.87? Camden Chlntse Communlty Centre IA ¢OTnpany IITDlt¢d by gugran¢¢el Note$ to tht nn#ntl#l stateNient5 ror the ytar tnded 31 Mwrch 2024 Employ¢¢s EinployrNent ¢05ts 124 2023 Wn¥t> iiMI 5lllarieb 3U8.YU4 I7.￿7 4.71Y 347.414 P¢nsHin ¢0511 3.IM)I -131,47Q 174.526 No empl(>y¢¢ recti¥e(J einnlurnenis of more lh￿￿ £6n.(KK) (21)2.1 N()M). Number of employees The avcru8e miinthly numh¢ri ¢mplvr&liors I•0I.I- £Nill. Durin¥ ih¢ yew. truvel lJ)23 - £Nill re1[n￿ry¢ll Ifi &ny Cl￿r￿lI memhci12Q23- £Nil). P￿¢ 22 Camden Chinese Communlty Centre IA company Ilmlled by guarantee} Noles to th¢ flnanclal statement$ rvr the ye8r ended 31 Mwrch 2024 13, Penslon ¢08ts The COmPaDy Oper￿¢Y a delined Ciiniribuiii)n p¢n*ioll bLherne iii rttsp¢Li th¢ empl(iyee5. The SL'htnit lind i14 a%set% ore held by Jndependeni miina8tr$. Th¢ pension chorge repyeseniy ionrribuiions due from ih¢ ei)Inpany fpll(>wi'. 2nz4 2(123 Peniioii chw8e 4.719 J.IM)I I'Mx*tlv Th¢ ¢haTiIy'S activities foll wiihin Ihc exci￿pIl￿nI nfforded by Iht rKpvisiDn% af th¢ IrKoine ond Corporation Tuxe% Ail 198R. A4.2.16 74.9x2 513,2¥3 14¥A.U291 l(W.7.16 D*slin*i¢d funds Ai Inco1￿1￿[ Oulx¢>1118 r¢sourL*• Ai 31103124 01104123 Gener41 equipm¢ni fun41 BuilUin¥ fun Furnishing, de¢orulin8 IT fund 79.570 .666.th92 7.5.7?7 1.é87.423 74,J17 1.849,61J2 77,6931 1.821.989 Summ#ry of fundy At 01rt1412J Incornln% r*yuiiN*y Al 3110J124 De%l¥iiul¢d fiind Generthl fiind 1.849.682 74.982 127.6931 141U.1129) In4.!.16 1.9?4,b04 Jl.1,28.J .926.22J R¢Air￿led fuThJ 1,924.604 J13.281 1,9*6.225 P￿ge 25 Camden Chlnese Communlty Cen¢r¢ IA iompany Ilmlted by guarant¢¢l Notes io the flnancl#l statemenls ror the ve4r ended 31 M4reh 2024 De$48nattd The r¢$trve& invested in equipment Jr¢ Dill re￿IllY re.'Ili>dble. wilh Chwiii¢$ SORP IFRS 11)?>. Ihey shuuld not be refl¢¥i¢d by 'lTee' re&ervts t￿￿ by J designa¢¢d reyerve. Th¥ of this r¢Kr%'e UThied forw¥d i& equnl to the nel iKiok volu¢ of relaied fixed 4ssei&. The Biiildin¥ FuThl been lip ¢quul iv the L'wis ol the buildiD8. 1¢$5 depreciution, r¢wtJeni& I Chuiiy'5 own reseivei inv¢$ied in ilie iwikling. Tli¢ Furiii¥hin¥. D¢l￿￿k11￿¥ IT Res¢rvy I￿¢￿ sel up iti ful￿ Ilir 1mpr1ive￿len1*. iyiliL41 ¢quipIM¢ni of lh¢ C¢nire. The ch&￿IlY uims 10 ¢onirilwJie peri{￿1¢411Y io thii re*rv¢. 21. pwrtv tr*n%4cUon9 Durin¥ ihe y¢ur ilw UilfflPill)y reoriveJ Adniini5tyJliun fee5 ul. £l?,D?6 11O?A- 149.7Y41 frlsm GTfUI w-.lll SIKi•ly Limiied. a r¢81$I¢Ted SL*'stsI lun(Jlurd. lor 411￿011￿$ iÈn4ni& u￿j Lwf)1*8 Vlll 8eJierAI ￿mInIS1T1￿1V¢ ser%'K¢J. 21. Ciimp#Dy Ilinlted hy ¥uirMntte Lan¥Jen ch1￿￿e Comrnunily Cenire li a company ljmiied by 8uoraniee x¢oftlin8ly does Thot have A sh￿e Every member ol-the comp¥¢ny iindenJkei In contri￿le $i*h omwni i￿alY be iequired nni ex¢eedinB £ iii In Ihtr 51%1et% ol. the churilnblt company In ihe eveni •f ill lyeiiig Wniind lip whil¢ he OT she mernher. Ilr within ont >ew ui Jhy b¢ ￿ Itheiiib¢r.