Chorily numblr: 288008 Cornpany number.. OJ759054 Camden Chinese Community Centre (A company limited by guarantee) Couneil of Mankgement'5 report and fjnancial statements for the year ended 31 March 2025 Camden Chinese Community C'entre (A company limited by guarantee) Contents Pgge Legal and adtninistralivc infonnatson Council ofmanagernent's report 2-10 It￿ePendent exaTnin¢rs' report li Statemenl of financial activities Balance shcet 13-14 Statement of cash flow8 15 Notes to the flnancial statement8 16.26 Camden Chille5e Cominunity C'entre (A coinpany limtted by guarantee) Legal and administrative inforniation Charity number 288008 Company reglstratlon number 01759054 Buslness address 9 Tavistock PIAce tA)ndon WCIH 9SN Regislcred o￿lCe 9 Tavislock Place London WC1149SN Council of Managelnent Linda Chung Kim Suyn T Edward Tsui Atujie Lee Sandy Smiih Julic Chan Yongyi NeAthereo&t Chair Vice Ch¥ir Independent Examiners tLft]ey Rowc & Comp2tty Second Floor 87. 88 Tllrnnull Street Liindon ECIM SQU Banker5 Lloyd5 TSB Jaank PIC We¥lminster House I I Portla[￿ Stteel Manchest¢r MI 3HU Salltwider UK PIC Bridle Road Bootle erseyside L304GB S'olicitors DKLM LLP 3 CFgnwood St¥e¢t Londo ECIV 9PE Page I Camden Cliinese Community Centre IA company limited by guarantee} Council of Management's Repor¢ for the yeai. ended 31 March 2025 The Council of Managemeni mefflbcr5 {who ate the trustee5 of th¢ Charity) present their rttpvrt the slateillen15 fuT the yedr ended 31 March 2025. The Council of Managefflent mEInbeTS are also directors of Camde Chinese Cotntnunity CentTe foT thB PIITP05es Df cotnpany law and sctvcd during Iht ytar. Structure> governanee and management Le¥alslrutlurg Camdert Chitiese Commujjity Centre is a registered charity and company limi*d by guarantee with no shaTe capital. The liability ofjjiembers in the event of in501venl liquidalion is liinited tLI £10 eftch. The Charxty's goveining docutnBnl is its Memorandum and Articlc% of Association incoriioratd 5 October IY83, a5 grnended by special ￿%￿l￿tion on 31 May The Charity 15 governEd by ils Council ol ManugcfflLrtt. Thc Ci)uncil mcmbcrs arc clcilcd by the membership al the Annual General Meeting or co-opted bctween mectings and subjcct lo cleclion at Ihc following AGM. Council Mcmbcrs scrvc for a pcriod of Ihrec ycats but are cligible for r¢-¢lection. Day lo day rnaT)ag¢tn¢nt of th¢ Ch￿1¢Y is delegaied ￿ the fuu-lime Centre ManugeTS with ovN311 iespon5ibility foT ihe entire Celltre's slarr. Trtsslee thdmdxoii aiidlrttÉninK New trnsiees undergo an orientsuon day to brief them on thcir legal ob]igalioJJs under charity and company law, the Chariry Conunission guidanLe on public benefit, and to urfortn tiieEn of the content of the Memorandum ?nd Articles of AssociatioTh, the commTrtlee and decision-jnakitjg processeE, the busine55 plan and Tecent financi7J pcrformancB of the chaTlty. Duiing the inductioTr day they mcct key tmployees artd other tru8ic&8. Trllstees are encoUr￿ed to attend appropriate exterrtAI traininE eveJJt8 where these will faei]itate the undertaking of their role. Rela¢edpqrlie.T Non¢ of OUT Iru%tee5 Teceive retnuneFaiion or other bBnefils frotn their work with the charity. Pfjypolicy Jor$eiiior The dsrectors consider th¢ bodrd tsf directOTS. whv YTE the Community Centre's trusiees. and the 8enior manaEement teanj cuTrprising the key martdgement personneI of the Lharily in Lharge of direciing and controlling, runrung and operaling the TTUSI on a day lo day ba%i8. All directors give their time freely and no director received reMun￿allon in the year. 1.he psy olthc senior staff is revicwed a[￿UallY and norm&Jly incrcH8ed in accordance with aveTag¢ ea￿][￿ and the finan¢ioJ performance ol the ch￿ilY. Objectiv85 and main activRtie5 Objectiyes Th¢ principal objutive of th¢ Charity is to promot¢ eduration thTough the swdy of Chinese orts, hisiory and cultllre and to piovide iecreaiion knd social we￿Are particularly to those of ajillese origin or descent in the LA>ndorÈ Borougb of cal￿]ell a]Ml Greakrknndon. The ChaTity'S aim i5 to ¢nAble Io¢AI peopl¢ to acce$$ activities services by providing a ttative language IiDk between the vu]ner2ble people atsd slatulory service providers. The Charity has currenily around 600 aclive members who regularly L2ke part in ils wide range of activities and beneflt from its Social and welfare seTvi¢e%. Apart from il% ￿gUlaT mbers, the Charity wel¢offle% 8eveTal hundred visitor.4 froffl diverse cnJnmunitie8 to it% public eveni% .8u¢h thc Chinese New Year festival ¢elebraiion. P8ge 2 Camden Chinese Comniunity Centre (A eompany limited by guarantee) CounLil tsf Management's Report (conlinuedl for the year ended 31 March 2025 Maiii uctivllre I'he main actsvities undcrtakcn by th¢ Charity aT¢ ta furthcr its rharilablc purposc5 for the public benefit. Th&%B have included.. -Advisory services, sigiiposling on welfare benefits, healill and housing; -Communily Devcloprnent Projc¢t%. worlang with Youth and Voluntary gtoup%', -contributory Ne¢d5 A5Se55[I>￿l Proj¢¢i, in ¢ollubvTdtiuD with s￿7￿] servic¢$ and ￿01th authorities,. -Eldeily Projeci, which promotes soctdl dnd health wclfare: -Huu&Lbuund Pwjecl. providiiig domiciliary aijd persi>naJ care for Chinese elderly and disabled. arld -A Lunchcon Club We very much concentraie on the promotion of fithesx. health dnd wellbeing through a regular prograllyne of exercise. iecteatioRal fitness classes and hetlth workthops eDrtducled in collaboration with health professionals. It is also imporlani thal our Charity ptY)mote5 a hos¢ of ¢Y¢nts that ¢el¢bTate the shaTing of JnajvT culiural Hrtd natsona] QLC4SiOn5. Our educ41ioTral and entichmeni progiammes include latt8uages leaching a]id Iradiiion&l Chinese arls. Overview Despite the continuing flnancially challenging climate over the year with rising ru]Jning cost5, we managed to mainlain all ourkey services. This was by an itDaginatsve miK af cost cultingi while ectively increasing tsur fiLndraÈsin8 efforts. We xte grateful for the support of our 8iaff, who agreed to reduce their working hours. Fut)draising achieved a net total of over £20,000 through our speeial evenis held. Fillallcial slabiSily wa5 fwth¢r bolst¢red when a new teJLatLI siglled up (please see belowl. The progr8mm&8 foT younger adults started ihe P￿ViOUS ye8r. This has wwn from strength to strcngth and in turn has resulied in layillg the foundauons of a solid base of young volunteer5 who contribute Iheir (ime and talent5 to lead and run a diverse range of inlergenerational activilie¥. IEI vch￿￿ry 2024. we were informed by Camden Council that our application for the Camden Comrnunity Partnership fwid was successful. This is ati award of aboul £40,OW per annum for 7 yeaT5. City Harvest E¢llrted their weekly delivery of surplu% food to in Mty 2024, The variety of food receivcd, including rice, fresh vegetahle% and f￿11, meat, fish and de8seTlS ha8 been greatly appreciated. Their Val￿able donaiions h&ve grt&tly a(Ided io tlie variety alld desArability, as well as nutriiional value, of our luncheon club menu. Frum August 2024, we grantcd an initial 3-y¢ar leasc to thc London Cont¥rnpDrary Dance'fwst Ltd for Ihtm 10 (J¢¢upy our fitst-floor SPA¢¢ a6 a dan¢¢ sujdio. We hope li will be * happy and sllccessful relationship. Membersliip Our membership nuThbers 15 around 600. As with the previous yeaT, participati<>A and vollluieetillg from the younger deniagraphi¢ continue to rise with Tnolly contribuling and leading on variou8 projects as highlighled in the'volurtlecring & Contsibutiotts" section of this report. Phge 3 Can]den Chinese Community Cenlre (A company limited by guarantee) Couneil of Management's Report (continued) for the year ended 31 March 2025 Slaff resoNrces At thc end of March 21r25. our staff comprised of 3 office member5 IC¢ntre Manag¢T, Administyaior, Community DevelopTnent WoTkerl, 2 cateTiJig 5tsrt, l advisory worker. I care manllger. 3 LAre eoordinaiors and 14 caretJ of our d0tnicslli￿Y care leatu. Sujne 5tdff Lonlirtue 10 work on redueed hours. The vacancy for a rcplaccmcnt operation manager to assi8t our cutEEnt Cenlre Matlaget renwins QPe]]. tn the tne#n¢ill￿. 8he continue5 to cover both Toles with the vuluntdry aSSiStrdrtce of RodnBy T￿. We intend In recruit a community worker lo man&gc our services and acLiviti&8 for the young adults and cldcrly and co-ordinate our group of voluntccrs. The recTuitTt￿￿t of suitably qualificd carers to mcct the demands from the Council for providing social care strvtccs eJDain% a challenge. Thi% year wc have managed to recruit 2 ncw carer8 to join our team. bringing the lot8110 14. We will coniinuc oiir efforts io rccnjit n]or¢ carcrs to crcatc more flcxibility and opportunitie5 in our leatn to ￿Spond Thore eifeclively to fluctuating needs. Page 4 Camden Chinese Comviunity Centre (A company Jimited by Euarantee) Council of Management's Report Icontiilued) for the year ended 31 March 2025 Services and aehievements Our donjiciliary care %ervice inaintain% an nver311 "Ciaad. CQC rating for our perfaTf5)anc¢ and seTvice to between 20 tn 25 clicn15 living in C.amdcn, Islingti>n aod W¢51min%ler through Dur dedicated tC2m of tttrers. We cottgraiul&te our core team for their valukble worL well 8s in maint8ining hiEh standards. Ili October 2024, we were awarded a grant of £13.300 from Camd¢n CounGil, lo irnpkment a tully Digital Sotittl Cw Record Systeill. We plan to hav¢ thi5 up and tunnivg t)y $UTnmcF 202.5. Ottr advisury serviee dealt with around 680 case¥. helpingy individuals wfftih social and welfare matters. Wc retain a succcssfrjl working parlncrship with The Great Wall Society in thc tDanageTrtnt of the shtltertd I￿n￿, with residents b¢n¢fJlting from the LaTe service5 Ihat our cell￿ offers. The Daily Lunch Club continiie% to bc very popular in providing hcalihy and freshly cookcd meal%.%¢rv¢d tt) our %enior nxmbers throughout this year with an avcragc of 350 meal% a ]nonth. I'he eluh ha5 benefited the SUTplus food (please see th¢ Overview" 5¢CtioD abov¢) dEliv¢red ts) vur Cetttre by Ciiy Harvest which has helped us to mattttain affordable home4ooked mea]s. We continue io a range of regularly attended daily health and fitn¢ss ¢xeT¢i$6 and danc¢ ¢l&ss¢s in¢luding Tai Chi, Qi-Gong, Ba Duan Jin, Line and Sequ¢tLC¢ dynce. On thc cducation And cultural []￿1. we have hosted various languagcs. and traditional Chincsc arts progrnrllTt￿ tv encourage adult Icarning and 5clf-irnprovement including English &5 8 second 18ngu4g¢ IESL) as w¢ll as Putonghua cla58es, Chinese water colow painting ¢alligTdphy and traditivnal stone seal carvits The folltswirtg Health talks irt collaboration with our partners have au becn well attended by up to 61P80 mernbers cach time.. - D¢tnentia worksliop with Chinese W¢If￿e TTusl and UCL (14ih April 20241 - callC￿ Awareness with Chinese WelfaTe Trust {18th July 20241 Our Soctal and Celebratory event8 throughout the yearhave IKen Yery popular and gt¢atly etljoyed by high tutnoui of membership itlcluding the following.. - QuaTlerly joint birthday celebrations - Cthii%ttn&s cvcnls - DragoJJ Boat Festiva] Chinese Winter So15tice special lunch celebration Residentiyl trips for the elderly to Great Yarjnouth, Hayling Island - Ctuise to Spain & Iia]y. P8ge 5 Camden Chillese Coinmunity Centre (A compRny lirnited by guarantee) Couiicil of Mallagement's Repoi't (continued) for the year ended 31 March 2025 YtsuiÈg Adiills. PmgraiiiinÉ This year has seell a consolidation of our adlllts, programmes that were initiaied thc prevÉou% yegr thanks io thc enthusiasm of ihe younger volunteers. These includ¢ the following.. - LÉon Da￿e Troupe A yOUllB of ettthu%ia%i% started praclieing and trainin8 to foTm our own in-house Lion Dance'froupe. We hope that in Ihe near fuwre we will purchase our own costumes for our Chinese New Year ev¢ni8. - The film Club We had 3 film %creeninE8 during the year ¢MJ V8rtous culthr&l themes each followed by a Q & A %e%sion involvijhg alldien￿ participaiion. - Supper c.lub I'he quarttrly.8llpper club ￿nd r&i.sing events Are hosted by volurtteers who sign up to ¢ook foi. aTound 50 gllests who book to eome for themed meals has had a large following frojn people of diveLbe backgrouttd&. Themes have it)cluded Burmese, Malaysiati, Taiwanese, Koreaii aijd Thai cvisin¢8. We are delighted that these have bccn %0 popular. The ch¢f.% wo1* bul aTC ￿warded by interaction with gu&%t5', everyon¢ enjoys the sociobility of the evettts, 8s well as the e4ting, attd legrning how ¢0 Cook something differeni ea¢h - Mah Jong Club OUT fortnighdy Mahjong Club se$$itsn$ that tommenced in Ocrober 2023 eontinue (o be popular with tegular ati¢ndances of arou1￿ 40 people and typically raising £150 per session. en8emble A S¢Ties of lessoos on pl4ying the tyadiiitsn&l Chitjese musi¢al insirtsments st8ned in Sept¢rnber 2024 wider the leadership of one of our volunieers making uye of the recetjtly iEdecoraied fronL basement as the M￿Sit studio. The aim is 10 grow a base of musicians to form an ill-house chamber orchesira. Vothiileering & Conb7bultons We Trisve about 80 regular volunteers from both our senior and young adult5, gtoup. We want to thank thcm for their 5ki115 and t51￿ given InwaTdg the work of the Centre. Their dedication in helpiiiE with our fund-r&Lsjng Gvcnls alld vatious projects is ￿at[Y dppreciated attd has been a key to their succe¥sYs. We also like to thank all the local bu8incsscs and indivsduals who have n)ade gcncrous donatLOlJS. items for sale and rafflc draw prizcs for OUT fund-raising evcnt5. Page 6 Camden Chinese Commuiiity CentTe (A Lompany limited by guarantee) Coullcii of Management's Report (continued) for the year ended 31 March 2025 SpecialEvents In collaboratiort with Ihc NIHR Biomedical Research Centre at UCLH ￿ hr)sttd An event th promote 8tsDd health i)n 8th June 2024. R¢pr¢5cntalives from oiw coJnmuniLy were asked lo be parL of the steering Eroup to prnp(￿e health topics io bB coy￿ed in futUTe lalks and workshop5. Our Annual Chinese New Year celebration and fiJnd-Taisiftg eveni w&8 held on Ihc 8th VcbTUOty 2025 and attended by 288 people including 50 volunteers and siaff. We are grateful 10 all the spojisors, performers and volurtieers who ontTibu¢¢d to the event which rdised a total of over £8.OW ihrough the tlcket sales, food sales, raffle draw and donatiot￿. Over 80 people allended the Dementia Awareness Day on Ihe 14ih April 2024 ai our Centre organised in co]Iabordiiun with l)ernentia UK, Chinese Welfare Trust and UCT. Biomedical Research Centre. The day's eveTht included a series or tglks 8TLd work5tLOP5 on Demctllia by medical %peciali8L%. res￿￿¢￿erS atld clinician% which our member.8 bcThcfited from. An Evening in Cotiversaiion with three authors Elaine Chiew. Wiz Wharton attd Melissa Fu AbO￿l using storyielling 10 explore community. horne & language across Ilie Chinese diaspora followed by book signing scssion was orBatii&ed in ollaboTatively with Sea ESCA Bookshop oii the 23rd May 2(J24. It was attended by 60 people and the fvnd-raising event rdised over£21K>. A CanceT Awareness Screeiiing talk by Lisa Yeung from the Cliincsc Welfarc Trust was htld on Ihe 18th July 2024 which was attended by 40 of our mcmbcrs. Thi5 was vcry bc])cfi¢ial to our eomtnunity as 5tatistLCS Show that ethnic minorities like (j￿r$ Ère poorly Inforn￿d about this preventive he#lih issue. About 150 rnember5 attended the Comtnullily TrIealth Day evcftl on Saturday 8th Junc 2024 orgatiised in collaboration with NIHR Iliotnedical Re%eaTch Centre at UCLTrI with $tall% and workshop $es8lOll5 hosted by Medical specialist coverinE a wide rttttl vttluniaTy gTQllP5 tn develDP our projects in cultt]ral intere51s, hcalih cducatiotl and protnoting Social integration among the local commttnity. We thank Camden Council fnr their cnntinuing sUPPOrt in %ignposting suitable grants. In parficular wc would likc to acknowledge th¢ support and ad￿r¢ we have Icccived froTn J¢5sica Farrand, Scnior Community P￿tscr at thc London BOr0￿£h of cAn￿e1). Looking Foward I cantinue l(b ad(niYe and Illarvel at the hard w(>rk put in by our staff and voliinleers in the ded2cated Service of our mernb¢rship and CQrnEnunity. l and my frllow tru5t¢C5 congiatulate them on their actLiev¢mcnts and con.%idcrable 8UCC¢5S in keeping Centre financially afloai. l extend to them my etJK)mxou$ IhAnks. Not only that. but we have also continued to develop many new services. I hope that with contiijued financial stability. we will continue to gTOW to ensu￿ all OUT 5¢rvice5 ale r¢levant and popular. Flnanelal reylew The Charity achieved nel decrease on funds of £4,51512024.. £1.561 increase). (kereasing tolal ftsnds from £1.926,225 ts)£1,921,710 The CouJJcil of Management Aciively review$ the m&jor risks fACitt8 the ChaTity Ort & regulgr basis artd bEli¢ves that nuintaining reserves al a level nol less than the current level, combined wilh an annual rttview of (he Luntrols tsver the key financial.sygterrL4 will pmvide resources in the event of adveise conditions.'fhe Council has a]80 exatnined thc othcr 3￿tegic and nperationlll PToblem5 associated with the Cetltre its U5er5 and conf]rm that 5y8tems havc bccn esiabjished to enable reEular repoNs 10 be made so thai the necessary slep$ can be 18ken to miiigate th¢ risks ld¢ntifi￿. R¢serve&poltcy The Council of Managetnent has formulated a policy wherebyj in the long tenn. general re%ery&% held by the 'frust should cover three months of tton-diserctionary rcsources. Thi.% ¢utrertily eqlltti&% to aPpmxiTt￿tc1Y £118,IK)6 would enable activities to continue the short term should funding drop 8ignificantly. At pt¢sent the 'free' reserves, at approxirnately £202.688. exceed this target but in the context of the Charity's long terni maintenance Tequ1￿mentS of the buildtngy the su￿luS is not ¢onsidered to be sigrufIcant. In calculating'free, reserv¢8 the Twstcets have excludcd the de8ignated rest￿eS thÈt represent fixcd 2&8ets. Both the policy and its implemenlaiion are under reEulgrrevtew. P8ge 8 Camden Chii)etr>e Conimunlty Centre (A company limited by guaraJ)tee) Council of Management's Report (continued) for the year ended 31 March 2025 PIAns for future periods We aim (ts A￿l￿ta1Th the lugh standard of dclkvery for all our Services and continue to monitor our finaTLcial resource% and commitmcnt% in Ihc evcr dcprc55iiig public fiinding cnvironrllcnt. Public benefit statement The Council of ManageTnent membets confiijn that they have complied with their diity to have due regard lo the guidallce on public bcncfit publishcd by tlic Charity Comtnission in cxcicising thcir powcrs and dutics. The public benefit of the ajarity's aGtivities are outlined undcr'main aclivilies. above. Sts¢ement of Couneil of Man¥%ement's responslbilltles The Courtcil of Management membetE (who 8re 8]so directors of Catnden Chinese Conllnunity Ccntrc for thc purpose of cojnpany law) are responsible for prcparing Ihe Trustees, ANiual ReporL and the financial slatemenls in ac¢ordanc¢ with applicable law ￿}d United Kingdom GeneTally Accepled Accounting Pra¢lice. Coinpany law requiTe3 the Council of Management to PTepare financial SlBternBnt% foi euch financial year which ￿ve a tTlle fair view of the slate of 8ff8iiE of the chariiable company and of ihe inconiing resourccs and appIication of resources. including the incoiiie and expendilure. of the chaTilabl¢ company for that period. In PTeparing Ihese finaTJcial slalemenls, the Council of Management tnenibers are required to.. select suitable accounling PDlicies and then dpply Ihem cvJJsisienily', observe the ￿ethodS gnd principlES in the Charities SORP. make judgemellts and estitllates that are reasollable and prudent., slate whether appli¢#ble UK ACco￿nI1￿B S￿lldards hAve beett foIlowed, subject to any n]at￿l81 dep2rlures disclosed and explained in the findnLial slalcments. and prepare the finaJJcial slalemenls on the going concern basis unless it is inappropriate to presutn¢ that th¢ chatitable company will continue in opeJ7tion. The Council of Management m¢M￿S arc rcsponsiblc for kccping propcr accountiDg rccords which disclosc with reasonable accuracy al any the fillancial ￿Sition of (he ch￿l￿ble company which enable IhEtn to ensure thal the financial Elatell￿ntS comply with the Cornpanies Act 2006. They are a150 responsible for safeguarding the assets of the charitable rornpmy and hence for taking reasonable %tep% for the prevcntion And deteclion of fraud attd other ttTegul8rities. Page 9 Catiideii Clilne8e Coniiniinlty C¢htr¢ (A coillpaiiy Iliiilte(I by guTri'tsiJ(etl Coiiijcll of M..Iiiugemeiit's Reporf Itoutlnuedl roi. thE yellr eihded 31 M81'cli 202S Sm911 Col￿pArLY provision5 Cornpnllie5 A¢1 2(M)6. Signed behnifolthe bonrd Lindo Ch¥DK Ch#lr D8fe: 241h March 2026 P4gt 10 Camden Chinese Community Centre (A company li￿￿ted by guarantee) Independent examiner's report to the trustees on the unaudited financial statements of Camden Chinese CommuDlty Centre. I repori 10 the charity trustees oll my exaTllinaiion of th¢ financial state￿￿￿t& of CattKien ChIn￿e CoDJtDunily CenlTe for the year cnded 31 March 2025. Responsibilities and basis of report As the charity truslees of the cufflpany land also ils direcloTS loi the putpo%es of cornpany law) yoii responsible fvr the preparation of the financial slalefflents in accoidance wilh the requiremen18 ofthe CompaThi&8 Act 20U61'lhe 2006 Act.). Havirtg satisfied myself thAt the financial statejnenls of the company are nor required to be auditcd Und￿ Part 16 of the 2006 Aci dnd are eligtble for Independent exainination, I report in respect of my examination of your cotnpany'5 a¢rounts as carried out under section 145 of th¢ Charitit.8 A¢t 21Jl l ('Ihe 2011 Act'l. In carrying out rny ¢xaTDination I havE followcd the directions given hy the Chatity Cornmi**ion undeT sectiort 145151{b) of the 2011 Act. Independent examiner'.$ statement Since the coJDpany's gTOSS income exceeded £250,0(K) yobr examiner musi be d member of a body lisied in &eciion 145 of the 2011 Act. I confinn that I am qualificd to tsniEcrtakc Ihc Lxaminaiion bccause I am a mcmber of Ihc Institulc of ChÉtrtered Attountani% in Etteland and Wales, which is one of thc listcd bodics. I tlave completed my examination. I conflln] thst no tnatters have to attention in conveL￿10Jj with the examinatioii giving ¢ause lo beli¢v¢ that in any tsjalerial iespect.. accounting rccords wcrc llot kcpt in accordancc with SEction 386 of the Co]npanie8 Act 2006,. or 2. th¢ fJn&ncial 5tatetnBllts do not accord with Suth records.. or 3. the financial statement5 do not Comply with r¢levant itctsunting requiremenL% undtr Aeciton 396 Df the Cornpanies A¢t 2tK)6 other thgll any reqllireme]Jt thai the fJnArtcial state￿EntS Eive a'true and fairf view which is tK)l a matier considered as parl of an indepenent exan￿natIOn. or 4. the flnancial slalemenls have noi been pr¢par¢d IE) accordance with lh6 m¢thods principle5 gf th6 Stalernent of Recomrnended Practice for accounting and repotlitig by charities. I have no concerns and have come across no otheT matter£ in connection with the exarnination to which attention should be drawn sn thi5 rcport ia order to eHable a PToper understanditLg oFthB financial siatcmertl% to bc reached. Christopher nd SACA Independent ex&miner Left]ey Rowe & Colnpany Second Floor 87- 88 Turnmill Street London F.CIM SQU 24 March 2026 Page 11 Camden ChSnei>e Community Centre (A eompany limlted by Euarantee) Statement of financial activities (inctsrporating the inLome and expenditure account) oi. the ye&r ended 31 March 2025 Unrestricted nds 2025 Total 2024 Tot&l Notes Income and endowment Illcoine fromdonaiions and legacies knLOtne fvotn Lhdriiable aLtiviiies Incom¢ frotnother a¢tiviti¢s tnve81meni income 12.438 472.025 138.718 779 12,438 472,025 138,718 779 11,904 384,451 116,603 325 Tol21 income and receipt 623,960 623,960 513,283 Expenditure Expenditure on raising funds Expellditw? on ehariiable activities Other expeJJdiLure 21,493 592.699 14,283 21,493 592,699 14,283 28,406 470,543 12.773 io Total expenditure 628,475 628,475 511,722 Net ineomingl(outgoing) resources before tran&fers (4.515) 14,515) 1.561 Net incolnelldefieit) for the year (4.515} 14,515} 1.561 Toiol flljjds broughi forward 1,926.225 E.926.225 1.924.664 Total funds carried forward 1.921.710 1.921.710 1.926.225 I'ht %Vdlement of fittancial activities irtdudes all gains and losses in the year and therefore a Separate statement of toi&l recogllised gaillS and108ses has nut bten prepared. All of th¢ above amoDnts relate to tontinuing activities. The notes on ￿ge5 16 to 26 form #n Sntegral part of th&¥e financial state￿nts. P&ge 12 Catnden Chinese Community Centre (A co]llpany limited by guarantee) Balance sheet as at 31 March 2025 2025 2024 Notes Fixed assets Tangible assets .719.022 1.746,262 Currcnt assets Dtbtors Cash at bank and in hand 16 17 39.382 241.932 74,357 137,157 281,314 211,514 Crcdit(Irs: amounts falling due within one year 18 C18,6261 131,5511 Net turrent &￿ets 202,688 179,963 Net assets 19 1.921,710 1,926,225 Funds UnEC5trictcd incoin¢ fullds 1,921.710 1.926,225 Total funds 20 .921,710 1.926,225 The Ba]ance.Sheet continues on Ihc following page. Th¢ notes on p8ges 16 to 26 form integr81 p8rt ofthes¢ 1Sn2ncl81 statomellts. Page 13 Cwnd¢o Chlttgye Comrnunlty Cont {A ¢ompony limit￿ by gu8r#ntee) B8lancesheel {eolltuiued) I'rustees.ststÈmtnts required by th¢ CvmpuDie*Tr Act211116 tor tht year end¢d JI March 2025 Inthppwvln8 these fU￿nClU1 #I￿nIc1￿S *% CAiuhttil Orm￿a¥¢￿er￿ ￿l￿Er¥orthe company wèherebycontt(hL' la) th#L for11￿Yellr thDVC Ihccowy ert￿Lkd ￿ th¢¢A¢iiiptiOli wnf¢rred by 477 uri1￿cl￿4)HwC* (b) thai Ix)liir hDJ bwti dcwiicd at thc r¢glstered ofdte co￿vanY pursuthi io s￿￿017 476 of(kn ComrAin t 2W6 req￿e￿ILlI% Lliyl afi &iKlil foTlh¢ywcTrJeLI 31 Morch202J. {¢lth•l wcacknowledgoouri&%￿Trdbll1{*S ftsr.. 111 tkn( iho k¢cw proprr 8CCI)UMln8 records whi¢h ¢omply With ￿11{￿ 386 of dir ￿N￿a1)leS Act (21 prcpayxis fiiutn¢ial sIMt¥￿ts wliKli zive fall vicw otthe 5tatc ofaffAlrs of tk c(￿panY as ￿ Lht bnd of rh¢ NnAn¢lhl yrfyrandof itswofit orlNs for Iheyexrikn in wi￿LthEr￿Ul1eThEn¢soT￿cUOn$594 395, whlch oihen¥ls¢ ¢ompl>' the ptQYisions of tlio Compthl&% ALI r¢laiinB tu fth¢ne6Thl sii1en*h￿, go foi npplIcqb￿ ￿ theconyDy. finawiol itu1¢n￿nil Dfe prep3rcd In K¢ordart¢ewlth I relating lo&rt￿l£OMp￿￿l¢5. 5pe¢laiprnvisi¢ns of Pm 15 otdK CompardesA¢l2￿S ThofJiMnclil byiknb)yrd oil BD li￿￿1)niti bc￿￿[bY Llnda Chiin8 Chlr FAlw*rd T. Tho Mles p¥eB16 10 26 formanlJttKralportoftho8olkn&DrJ&lbt4l¢YDrnts. Cthmden Chinetye Community Centre (A comp#ny limited by EuaraJ)tee) Statement of cash flows for the yeAr ended 31 March 2025 2025 1024 NoteB Cash flows from opcrating acliv%ties: Nel (expenditureyincomc for the ycar Int¢rc%t receivable Depreciatinn and impa5nlleiit DtLrca%cllIncrcascl itt deblor8 tncrea5el(Decreasel in creditors (4.515) 1779) 27.240 34,975 47,075 ,561 1325) 24,213 (7,357) 129,105) Net eash provided by from opcrating activities 103,996 (11,013) Cash nows from investing actiYitie5: Inlerest t'rom iiivestillents Inlerest paid 779 325 Cash used In InveSti￿g activltLe5 779 325 Cash Ilows fromfTnAneing aetlyltles Rep&yment ofborrowing Cash used in financing activitie5 DecTea$t In eash #nd eash equivalents in the year 104.775 {10.6881 Cash and eash equivalcnts at thc beginTLing of the yeRr 137,157 147,845 Total cash and Cash equivalents at the end of the year 17 241.932 137.157 Page 15 Camden Chinese Community Centre (A company limited by guarantee) Notes to the financi41 statements fol. the year ended 31 March 2025 General informatinn The company is 4 privote company limited by gttarartiec. regjslertd in England & Wales. The address of the tegister¢d oifiee is 9 Tavistock Place. IA>ndofy WCIH 9SN 1.1. Statement of compliance These financial slaiements have been prepared compliance with FRS 102. The Financial R¢portinB Standard dppltcable in Ilie UK and the Republic of Ireland,. 1.2. Accounting policies Basis of aecountlng Tht financial statcmcnis havc bccn prcpared in accordanc¢ with Accounting and Rcpnrting by Charities.. Siatctnttnl of Rccomtnended PTaGli¢t 4pplir4ble tv ¢harities prepgring their accounts in acwrdance with the Fijiancial Rttpurting Siandard applicdble in the UK and RepubliL uf Ireland IFRS 1021 lerreclive l January 20151- ICliaritie5 SORP IFRS 1021). Ihc Financial R¢￿rting Standard appiicablc thc UK and Republic of Irclatad IFIIS 102) and the Companies Act 21K)6. Camden Chinese Community Centr¢ Incels the definition of a public benefjl enlily under FRS 101 Assets and liabilities ar¢ initially recogni8¢d at histori¢al cost or tran5actyoD value othtt%Vi.8e %tsied irt the relevont accounting policy noiel81. The financial statements are prepared in sterlillg, whiLh is the functional currency of th¢ enlily. Fund accounting Cieneral fiJnd% BTe unrt%tricted fvnds which are available for use at the dAscretion of the Th15tces in ftErth¢rallce of gttnerts] ubjects of the Charity alld which have Dot becn desigTraled for othcr purpo8¢5. Designated funds compri%e unr¢$tricted fvnds that hove been set aside by the TTu%iee8 for particular putposes. The aitn and u4e of tath de%ignsltd is sei oui in the notes to Ihe financial slatemcnls. Restricred fvnds are fvnds w￿Ch are to be usd in accordance with specific Testrictions imposed by donors which have been raised by the Charity foT particular Pu￿￿￿E5. '1'he co%t of rai%ing and &dmini8tering such futtds arc chaTgd against the.spetifit fund. 'llJc attd use of each regtricted fund is set out in thc noÈc8 lo thc financia] slatemenis. Siatutory ErAllis which are given as colltribuiiolls towards the Charily's corc seTviee5 are tTeaied as unrestricted. PAge 16 Camden Cliinese Community Centre (A company limited by guarantee) Notes to the financial statements for the yeai ended 31 March 2025 Ineomlng resourees All incoming resources are included in thc 8latcment of financial acliviti¢s (SOFA) when the charity is legally cntilled to the income and th¢ arnount¢an b¢ quantified with r¢9$0n&ble Accuracy. Gtanlb arc crediled lo the SOFA wheii receivable. resouires are only defctred whcrc ihcrc arc timc constrainls imp(x8cd by th¢ donor or if thc funding Ts pcrfoTtnante telatcd. Wherc ertiitlement to grant5 rcccivable 18 dependent upon fi]]fiJment of ¢ondiliOnS wiihin ihe Charity's cohtrol. the incoming K50urce5 ale recognis when there i& sulficient evidence that the L￿nd1(￿0JJS will be mel. Granis Supporting the core aclivsties of the Charity dre irtcluded witliiii voluntary iJJcotne. C.onlTact i￿￿￿¢ and fees re￿iVed frotD Users art considcrtd 10 be unrcstricted. Donations gre reco8ti(sed ill the period in which they are received. Income tax reeoverablc in relation to Gift Aid donations is recognised 21 the itme the relevant incoine is received. Incomc from in￿st￿￿ntS is included in the year in which it 1$ Ye£eivable. Vxpendilure All expenditure i5 accouDied for on an acctuals basis and hzs been included under expen%s categori¢8 that aggrcgate all cost5 for alloclltiort to &￿iVili¢s. ltrecoverable VAT 18 chargcd against thc categDry of Te%outces expended for which it was illcurred. Salary siipport Costs, which ¢antLOt b¢ directly 8itTibuied to particular aciiviiies. have becn apportioned lo the activilieb on the e51itnaled tstnB spent by each support &tatt member. Olher support costs have been allocgted on the basis of the direcl staff tosis of an activity. Governance costs includc the cost5 of 8¢rvicing TTW%ltes' mcetings, audit and straiegic planntng. Tangible fixed 4$5ets and depreciatlon Tangible fixcd As.￿t% are staled at cost less ac£utnul&ted dcpreciation. D¢preci#tion is provided at ra¢es colculated 10 write off the cosi less residual value of each asset Ov￿ its expBGted useful life. as follDWS'. Land &nd buildings Plant and machinery Improvemcnl.8, furniture and cquipmeTht KÉtchen equipmethl and uicnsils Straight line over fiftyyears from d&te of wcup&ncy 5% &traighi lirte on co81 5 20% %lTaight line DTi CD5t 20% straight lin¢ on co.8t All asseis are eapitalised aecording to their nature. Ftcchold land 15 Tiot d¢pre¢iate4J. Softw8r¢ ¢osts A$$ociaied with the tnstallation of new computers are capita]ised Defjned contribution penslon schemes The pcnsioTh costs charged ITh the financial statements represent the contribution pay2ble by the charity during the ye8r. Income from donatioA4 And legacles Unrestricted Restricted funds fund5 2025 Total 2024 Total Donations 12,438 12,438 J 1,904 12,438 12,438 11.904 Pag¢ 17 Camden Chinese Community Centre (A company limited by guarantee) Notes to the financial statements for the yeai. ended 31 March 2025 Ineome from charllable activities Unrostricted Re%trict¢d furtds rllnd 2025 2024 I'otal Elderly Project: LunLh Lollectioji Activities and other income- Bldeily 40.919 27,331 40.YIY 27,331 36.142 23.(K)6 68.250 68,250 59,148 Housebound l)roJect,, l.B CaTnd¢n- 14ousebnund contract LB 18l¢ngtoR- Hausclx>und contTact Oiher Houscbourtd totttract 216,047 75,563 65.76.5 216,047 75,563 65.765 158,748 79,448 26,848 357,375 357,375 265.044 Other Activities: oihcr mcrnbciship fccs Other activiti￿ and outings income 5.396 41.004 5.390 41,0( 5.358 54,901 46,400 46,400 60.259 Ineome from ch&rlt&ble actlvltles 472,025 472,025 384,451 Income from other activities Unretitricted fund5 Reslritltd funds 2025 Total 2024 Total Administraiion fe Rental irtcom¢ Fundraising events Room artd Hall Hire Income 27.158 55.9J8 36,806 18.836 27,158 55,918 36.R06 18,836 37,026 56,075 23,502 138,718 138,718 116,603 Administration fee8 were received from Grea¢ Wall Societyi a TEgi5¢eTed soBiHI IH]M]IvTd, fur allocaurtg ienanls aELd currying ou¢ geneTal 8dttUllistyalive services. P&Ee 18 Camden Chinese Community Centre (A cornpany limited by guarantee) Notes to the financial statements for the year ended 31 March 2025 Invcstment income Unresti'iettd Restricted funds runds 2D25 TotRI 2024 Total Batjk inlere¥t receivable 779 779 325 779 779 325 Analysis of expenditllre Activity or progi'amme Attlvltles undcrtgken directly GrAnt funding of activitae5 Support C05ts 2025 2024 Total Elderly Gmup Advire Hou5cboutkd Cotnmunity development 88.706 10,069 17,IK)8 20,584 59.352 28,728 93,844 9,595 148,058 38,797 375,665 30,179 111,697 29,943 302,156 26,747 264,813 'rotal cxpcnditure Expcnditure on r&i8ln8 funds Other elpendilure Support costs 136,367 19,236 14.283 114,961 264,813 2.257 191,519 592.699 21,493 14.283 470,543 28.406 12.773 76,558 1191.519) 284.847 343.628 628,475 511.722 2025 2024 Expertdtturc included.. At]dilnrs' reto￿lleratION '. St&tutory audit fet Depreciation s,￿0 24.213 27,240 27,240 29,213 Details of staff costs ar¢ giv¢tt itt Not¢ 12. Details of Expenditure Im raising funds. Other expendimre and Support costs arc givcn rcspcctively in Notcs 7. io. ii. Support costs arc a]located lo projccts in linc with the related staff costs. P8ge 19 Camden Chinese Communtty Centre (A company limited by guarantee) Notes to the financial statements tor the year ended 31 March 2025 E￿endItUre rAising funds Unrestricted Restricted funds 2025 Total 2024 I'olal Fundralsillg c051s Allocatioll of ¥alary costs 19.236 2,257 19.236 2,257 26.471 1,935 21.493 21.493 28,406 Eixpenditure on charitable activities- by fund type UiireBtrlcled funds 2025 Total 2024 Total Bldei'ly Group Advice Hou.*botsnd Community d¢v¢lOpt￿nt 148.058 38,797 375.665 30.179 148,058 38,797 375,665 30,179 111.697 29,943 302,156 26.747 592.699 592,699 470.543 Expendlture on charlthble aetlvltles. by activity Direct costs Staff Supp(brt costs 2025 Totsl 2024 Total Elderly Group Advicc HollscbDund Cointnunily deve]opment 88.706 10,(k59 17,1)92 20.584 59.352 28.728 93,844 9.595 148,058 38,797 375,665 30,179 l L1,6()7 29.943 3Q2,156 26.747 264.729 136,451 264,729 191,519 592,699 470,543 P•ge 20 Camden Chlnese Comniunity Centre {A etsmpany liDJited by guarantee) Notes to the financial statements for the year ended 31 March 2025 io. Other expendlture Unrestricted fun(Ls 2025 21124 Ttst2 Professional- Accountsncy fees Auditor remulleia(ion Professional- I￿gaI and professional fees AGM & annual Tepor¢ A]location of salary costs 4.9l4 4,914 5,0(K) 300 41 9,028 300 41 9,028 35 7,738 14,283 14,283 12,773 ii. Analysis of support eosts 2025 Total 2024 Total Wsges & saiarie8- gen admi Employer'% NIC- £etJ admin Staff - EKllSlOll costs Waterr&tes- edmin GencTal rdte%- adtnin ljight & h¢at- ￿dmin Repair% & maintenance Cleaning In%urance Rcfresh121enl & slaff enlerlainjnent Guest enlertRintnent Accountancy fees Tttltphone Printing eApe])&es Postage Stationery IT Bl￿TL5¢S Deprcci&tion Grant expense6 Bad debts Volunteer8 eX￿1)Se8 Bank chArge% Activitie5 and ovtillg expen8&s Project txpenses Sundry expenses 67,086 7.727 .745 57,501 5,723 1,982 1,132 804 4,908 4,510 855 36.905 18,438 5,609 232 3.084 250 4,920 2,962 1,280 5,370 2,172 903 489 2,233 27,240 216 457 1,037 24,213 1,555 2,474 769 I,11)o 4,707 3,428 322 1,190 2,891 6,041 191,519 129,478 P•g¢ 21 Camden Chinese Community Centre (A company limited by guarantee) Notes to the financial sta¢ements for the year ended 31 Mareh 2025 12. Employees Employment costs 2025 2024 Wage6 and 8812ties Social sccurity costs Pension cosis 357.848 25,461 5.342 308,904 17,847 4,719 388.651 331,470 No ¢Tnploye¢ re￿)Ved emolumen¢b' of]nuie £60,000 (2024.. None). Number of employe&s The average ￿nthlY nu￿be¥S Df employees (including the Council of Managcmcnt members) during the year. calculated on tht basts of full time cquivalcnts. was as follows: 2025 2024 Number Nllniber Elderly Group Advice IE & CI HouKboutLd Con)nwnity Development Administr&tion Governancc 16 16 No employte tamcd mnrc than £60.(K>O pcr Ènnum. Ail siatl" lime was for direct charitable purposcs excepl Ilial Ihe equivalent of IU% of the C.entre ManageV5 salary was for thc Govcrnance of thc Charity and 5% for ttLC ExpcThditurc on raising funds. 12.1. Council of Management During the year. no member of the Council of Managemejjt recesved any remutheration {2024- £Nil). DuTing the year, no travel expe]]ses12024- £Nill was reimbutsed to a]ry Courtcil member {2024- £Nil). 13. Penslon eosts The company operdtes a defitted contribuiion pellsion s¢hemE in respeci of the en)ployees. The scheme and its asset8 aro held by indcpendcnÈ manager8. The psa)sion chargc reprc%cTht5 contributLOtL5 duc from ttle company and wa5 as follows.. 2025 2024 PellSiOll charge 5,342 4,719 P8ge 22 Camden Chtnese Conimunity Centre (A con)pany limited by guarantee) Notes to the financial statements for the year ended 31 March 2025 14. Tax&tion The chaTity'5 actLVltics fall wsthin t￿ cxcmptions affoTdcd by Ihc provisions of the Income and Corporatiott Taxes Act 1988. AcL'ordirtgly. Iher¢ is no t8xatson ¢harg¢ irt thes¢ financial statements. JAnd and buildin&5 freehold Kitchen Improvc￿C￿ts. Plant and equipment furniture mathlnery And utensils equipJnent 15. Tangible fixed assets Total Cnst Ai l April 2024 and At 31 Marcli 2(r25 1.882.127 142,963 21,842 133.947 2.180,879 Depreciation Al l April 2024 C.hargc foT the ycar 316.516 18,01)0 41,882 -S.640 21,842 434,617 27.240 3.600 AI 31 m￿Lh 2025 334,516 47.522 21,842 57,977 461,857 Net book values At 31 MaTch 2025 1,547,611 95,441 75,970 1,719,022 At 31 March 2024 1.565.611 101,081 79,570 1,746,262 16. Debtor5 2025 2024 Trdde debtors Other debtors Prepay￿￿llts and accnjed income 23,841 5.398 10,143 46,043 11,533 16,781 39.382 74.357 17 Analysis of cash and cash equivalents 2025 2024 C￿h in Noiice deposiis Oess than 3 mottthsl 194.237 47,695 117,956 19,201 Totsl cash and cash eqlllvalents 241.932 137,157 Page 23 Camden Chinese Community Centre (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2025 18. CTeditur¥: f￿11￿¥ due w1th5n one year 2025 2024 TTade CTeditQT5 Other taxes and social security OthertreditffiÉ AccruaJ5 and def¢￿d incofflc 144 6.266 48.999 23.217 4.947 19.565 7,039 78,626 31,551 19. Analysis ofnet 25sets between funds UnrestrIcted Fullds De51gvnated GeTheral funds fund5 Tot41 fund5 Fund balances at 31 Ma￿h 2025 ay r¢ptwnt¢d by.. Tangiblc fL￿￿ a8set8 Current assets Current liabiliti¢5 1.7L9,022 72,L27 1.719,IY22 281,314 178,626) 209,187 r18.6261 1.791,149 130,561 1.921,710 Page 24 camden Cliinetye Community Centre (A company limited by guarantee) Notes to the fJnancAal statements for the year ended 31 Mareh 2025 20. Statement of fund5 Unrestricted ft'unds General funds At Incoming Outgothg re5ovrces rwur¢es At oiit 31103125 General fund5 104,236 623,960 (597,635) 130,561 104,236 623.960 (597,635) 130.561 Designaled funds At Incoming Outgoing OJ104124 esource$ resollrces At 31103125 Gcncral cquipmrnt fund Building fund FtJTni%hing, decorating Ind IT fijnd 79,570 1,666,692 75.727 (3.600} 123.640) 13.600) 75.970 1,643,052 72.127 1,821,989 1311.8401 1,791.149 Summary of funds At Jncorning Outgoing OJ104124 Tesourc& 31103125 Designated funds Gertera] lunds 1,821,989 104.236 130,8401 623.960 1597.6351 1,791,149 130,561 1,926,225 623,960 1628,4751 1,921,710 Restricted h]nd$ 1,926,225 623,960 1628.475) 1,921,710 Page 25 Camden Chinese Community Centre (A company limited by guarantee) Notes to the financial statements ror the year ended 31 March 2025 Desigtvdted funds Thc rcservc5 invcslcd in cquipmcnt arc not rcadily rcalisablc. and in accordancc with Charitics SORP {FRS 102), Ih¥y xhuuld not be ietleL'led by 'free' ieserves but by a (lesign￿ted reserve. The balance of thi.s res¢rve cats*cd forward is equal lu the ftet btstsk v2]ue Of the relaied fixed asseis. The Building Fund ha8 bccn sct up cqual to thc costs of thc building. Ic85 dcprcciation, and rcprcscnt5 thc ChaTity'S Owll Te5erves inveS￿d ID the building. The Furni8hinE, DctoratinE and Il. Ileserve has bcen 8ci up to fund the improvcmcnl8, cyclical mairttcttancc and eouipmcnt of the Centre. Thc Charity aitn8 to contribute periodically to this reserve. 21. Related party transactions Duiing thc year thc company rcecivcd adjyunistralion fces of £27,158 12024= £37.0261 from Great Wall Society LiFnit¢d, a regisleted social landlord, for allocating t¢ngnt8 and catrying out general adMini5trativ¢ S￿ViCes. 22. Company limited by guaralltee Carnden Chinese Communily C¢tLtsr 15 a company limited by guaranlee and ac¢ordingly do¢s no¢ have a sh￿¢ cttpital. Every member of the company undertakes to contribute such amount a8 ￿￿Y be requÉred not exceedillg £10 to the 85$ets of the charitabl¢ cuynpany in Ihe ev¢JJt uf sts bcinB woupd up wh51e he vr she 15 a membeT, or within one ycar after he or she CBases to be a ittetnbtr. Pag¢ 26