REGISTERED CHARrrY NUMBER: 290398
Trustees. Re
rtand
Unaudited Financial Statements
for the Year Ended 31 March 2025
Bisho
Homi
Wah Association and Commun
Centre
Barnes Noble Ltd
Unite¢ House
2 Albert Place
London
N3 1QB

Bisho
Ho Min
Wah A8SOLiation and Commun
Centre
onl8
naal Stalements for th8 Ye
r Ended 31 March 2025
Page
Referents and Administrative Details
Trustees, Rep¢
2 to 10
Inde￿ndent Examinevs Report
11
Slatement of Financial Acliviti8S
12
Balance Sheet
13
Notes to the Financial Statements
14 to 21

Bisho
omin
Wah Association and Commun
Centre
Reterenco And Admlnlstratlve Details
Reglsterad Charity number 29)398
Prlnciple Address
6 St Martin's Place
London
VVC2N 4JH
CommunFty Centre Address
The Lower Crypt
St. Martin-in-the-Fields
Trafalgar Square
London
WC2N 4JJ
Websiie: www.bhmwa.com
Email: enquiry@bhmYR.com
Phone.. 020 7766 1141
Trusteos
WY A Chan, Chair
R O Demming
EMYKwong
YHEknng
Rev R S M Wells
H Y G Wong (appointed 24.10.24)
Independent Examlner
Romit Basu FCA
Bames Noble Ltd
UniteG House
2 Albert Place
London
N3 1QB
Banker
Barclays Bank PIC
1 Churchill Pla
London
E14 5HP
Page 1

Bisho
Ho Min
Wah Association and Commun
Trustees, Re
for the Year Ended 31 Marth 2025
The trustees present their report with the financial ststèments of th8 charity for the year ended
31 March 2025. The truste8s have adopted the wovisions of Accounting and Reporting by Chartties..
Stalement of Recommended Practice appliGable lo charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1 January 2019).
CHARITABLE PURPOSE AND STRATEGY
Our vlslon
A society where everyone feels empowered, valued. and conneGted-embracing their identity and
h8ritage with ojnfidence, and finding true belonging in their ￿mmUnItieS.
Our mlssion
We work to enhan￿ and improve the wellbeing and quality of Itfe for Londoners, with a dedicated
focus on the Chinese community. We do this through advocacy, support S8rvice8, access to
inforniation, and cultural enrichment.
Our values
We proudly champion indusNity, welcoming individuals from all faiths, ethnicbtl8S, and rxjliural
backgrounds h￿th open arms arKI open hearts.
We b81ieve in a holtstic atproach to care - nurturing the body. mind, and spirf( - and dellvering
compassionate, meaningful supwrt to tt￿se who need it most.
Our corr#nilJnent
Rooted in a lega￿ of resilience and sustained by the unwavering support of our community, we are
dedicated to expanding our reach and deepeniro our impact. Through growing our membarship,
6nhan¢ing essential Servi￿8, and influencing policy, we strive to improve the lives of Chines8
immigrants across London.
This commitment is reflected in our community wogr8mmes. which focus on three core priorities
designed to deliver meaningfvl and lasting Gharoe:
1) Fostering inclusive and vibrant communities where every individual can flourish and lead a soci81
life filled with wrpose and potential.
2} Prornoting holisb'c wellbeing and mental heath. ueating safe, supportive environments that
I￿lId$ resilience and belonging.
3) Empowering individuals to age with dignty arKI vrialty, ensuring later lrfe is rich with meaning,
connection and opportunty.
Page 2

isho
Ho Min
Wah Association a￿1 Commun
Centr8
Trust88s' Re
for the Year Ended 31 March 2025
How we wlll achieve it
To realise Ihis commitment, we are investing in organisationa] development guided by four str*egic
pathways. These interconnected approachès wll strengthen our foundations, extend our reath, and
ensure we remain responsive to th8 &volving needs of our communriy..
1} Community Engagement
relationships.
2} Strategic Partnership5- to detiver higFFimpad programmes and improve operational efficiency.
3) Diverslfied Funding - to build resilient, sustainable income streams that support long-term
growth.
4) Capacity Building- to enhanix intemal capability and foster a thriving, adaptable team.
to inspire broader support. expand outraach, and deepen
LOOKING BACK
In 2024-25, the Association moved beyond pandemic r8covery into a dynamic phase of renewed
activity, capacity building, and strategic growih. A major mikestone was reached in November 2024,
as we proudly celebrated our 40th anniversary. This momenl marked four decades of transformative
work supporting Chinese ImM￿rants in London- an enduring legacy of empowering individuals as
they build new lives in the UK. To celebrate, we laun(*ed a series of new and enhanced initiatives
that r8fi8Cted both our history and our evolving vision for the future.
Membgvdhlp Growth
Thi5 year marked a pivotal step foThRrd in our amtxtion to grow the Assoaation's membership base.
Sino the BN{O} visa scheme began in 2021. over 150,000 Hong Konger5 have arrived in the UK,
around 18% in London. This presents a unKiue opportunty to apply our cultural insight and
establi8hed communty networks to welcome and support these newcomers.
As of 31 March 2025, the Association had 1,219 Associate M6Ynbers, including 45 who joined during
the year. Membership is open to all, offering access to ourfaalities and ￿1vItieS, many of which are
freé or available at subsidised rales. Qf those who voluntarily shared personal detai18 (representing
60Yo of the membership). 84% identified as Chines& affiming the Association's corrtinued relevance
to the community it was founded to serve. Most of our members are older adults aged 80 and above.
Community Reach
Our charitable y￿rk 18 anchored in ts Communty Centre at the Lower Crypt of St Martin-in-the-
Fields, a welcoming and accessible space in the heart of London. Open fow days a week (Tuesdays,
Thursday8, Fridays, and Saturdays from 11 am to 4 pm). the Centre is more than a physical venue.,
it continues to thrive as a Vltal hub for connection. leaming. and mutual support, particulariy in
addressing loneliness arKI social isolation.
Its impact has been especially signfficant among Chinese ImM￿Jrants, offering a brfdge to
Integration within the wder communty while celebrating and preserviro their CUl￿ra1 heritage.
Through its indusive programmes and opportunitses for personal growth, the Cenlre foster5 a
sens8 of belonging and ompowemient for all who attend.
Page 3

Bisho
Ho Min
Wah Association and Communit Centre
Trustees, Re
ort
for the Year Ended 31 March 2025
qo
YE3f5 O984~2029J
clcommunity SeNte
&X40
Special events and eelebrations
In 2024-25, a total of 4,395 individuals participated in our in-person programmes. Activities ranged
from cultural celebrations and wellness sessions to educational workshops and social events are all
designed to foster belonging and strengthen community bonds.
A further 356 individuals joined our online programmes. These digital spaces helped broaden our
reach beyond physical and mobility limitations.
We also observed a notable shift, particularly among younger participants, towards engaging as
guests rather than formally joining as members. This trend highlights the importance of offering
flexible, inclusive engagement opportunities that reflect the diverse preferenc8s within our
community.
Braln Health Workshop
T81 Chi Practice
Tradltlonal Chlnese Mediclne Workshop
Page 4

Bisho
Ho Min
Wah Association and Communit Centre
Trustees, Re
ort
for the Year Ended 31 March 2025
Programmes Outcomes and Highlights
The Healthy Living Prograrnme promotes physical activity and holistic wellbeing, with a particular
focus on supporting older adults in leading active, balanced lives. A diverse range of physical
activities, including Tai Chi, Qigong, yoga, and dance, caters to varying fitness levels. Each term
also features expert-led health and wellness talks, offering practical insights and guidance. In 2024-
25, the programme engaged 2.934 participants, underscoring its vital role in enhancing physical
health and fostering a culture of wellbeing within Ihe community.
The Education and Culture Programme champions lifelong learning and personal enrichment,
with a special emphasis on Chinese art and cultural heritage. Participants explore traditional and
contemporary practices through Glasses in Chinese Calligraphy, Chinese Painting, Watercolour
techniques, and Putonghua. In 2024-25, the programme welcomed 423 learners, fostering creativity
and cultural appreciation across generations.
Chlnese Class
Chinese CalLigraphy Class
Art & Craft Work¥hop
The Social Connection Programm8 nurtures meaningful relationships by bringing people together
through shared experiences. In 2024-25, il engaged 1,394 individuals in a variety of activities. from
enjoying nutritious Chinese-style lunches every Friday lo ￿lebrating cultural festivals and exploring
nature or local attractions. By creating welcorning spaces for connection, the programme helps
reduce stress, build self-esteem, and cultivate lasting friendships across the community.
Page 5

sho
omin
Wah Association and Commun
Trustees, Re
ort
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Publlc benefit
Council Members have paid due regard to the guidano on public benefit produced by the Charity
Commission and are ￿nfi￿ent that the work of theAssockqtion meets all the Criteria for public tenefrt.
FINANCIAL REVIEW
Financlal posltion
Total income for 2024-25 rose to £100,304, up from £64,423 the previous year. Donation income
more than doubled to £59,497 12024: £27,36n, drtven by a generous r￿7vate grft and a legacy
contribution from a former m8mber. Investment income increased modestly to £6,788 (2024:
£5,923), refleding our strategic shift towards cash holdings. Other income, induding occasional
venue hire for extemal communty events, totalled £4,409 (2024.. £6,102). This overall growth
highlights the impact of tar￿ed fundraising and our COn￿nUed financial prudence.
Operating expenditur8 r8tumed to a more typical level of £90,055, down from £104,740 the previous
year. Th8 prior yearfs higher costs reflerted a one￿ff professional fee and the conclusion of the GLA
grant. Premtses costs fell to £28,520 (2024.. £30.496), benefiting from low8r energy pri￿s. Staff
costs totalled £36,356 (2024: £37,528), tracking below budget due to staff tumover. Other cosÈs rose
in line with inflation, with no notable eX￿ptiOnS.
We closed the yearwith an operating su￿uS of £10,249, priorto net gains on investment of £10,953.
The combined r8suIt was an increase in total funds by £21,202, bringing the Assoaation's reserves
to £418,477 as of 31 March 2025.
The Association's baknce sheet remains slrong. with all net assets held in unr8stiicted reseNes.
Reserves and Investrnent Policy
In line wf(h Council policy, unrestricted funds are maintained at a lev81 surriclentto cover nlne months
of operating costs, aloroside a buffer for emergency eX￿nditure. This approach ensures financial
resilience and continuity of seNice.
The Investments Fund is a designated reserve that allocates unrestrided cash to short- to medium-
term investments. Its dual objectives are to achieve an annual retum of 40A to 5¥0, while retaining
flexibility to withdraw furvjs as n8eded to meet plann&J or unforeseen cash flow requirements.
Page 8

Bisho
Ho Min
Wah Association and Commun
Centre
Trustees, Re
for the Year Ended 31 March 2025
Organisatlonal development
As the Asso￿atiOn marks foty years of dedicated Service. we are entering a critical phase of
renewal. Our legacy of community care remains strong, with continued appre￿atIon frcm service
users. However, we fa￿ a peri¢xI of transition that demands bold adaptation to ensure long-temi
Sustainability.
Demand for core servic8s has declined in recenl years, largely due to an ageing membership. Th8
combined impad of the pandemic and cost-of-living crisis has further strained our finances, exposing
th6 limitations of a pre-COVID operating model that is no longer viable.
In early 2024, the Council launched a strategic development initiative to strengthen our ¢apacity for
growth and resIlren￿. This tEgan w5th an independent study into the evolving needs of Chinese
immigrants, offering valuable insights to guide fubjre planning.
Internal capacity building has been identtfied as the most pressing priority, centred on targeted
r6cnJitment, volunteèr engagement. and professional development. wrthout sufficient capability, it is
not possible to irnplement robust governan￿ struGtures enabling sub-commtttees and delegated
responsibilibes. Our current staffing structure k8 already stretched. To develop new Services or
enhance existing ones, we must expand the team in line with rising arAivty levels.
In 2024-25, we welcomed a new trustee and staff member from the BN(O} visa holder community,
ly)Ih with backgrounds in social work Their exFertise has brought frgsh enorgy and confidence to
our transformation joumey. However, the departure of long-serving staff has placed additional
pressure on our structure, and govemance reforms remain constrained by limited capacity.
Strengthening organisalional capability remains essenttal and an ongoing priority.
In Servi￿ development, mental health emerged as a key concem among new arrivals. In response,
we partnered with The Brains to deliver six brain health workshops in. Strong engagement and
positive feedback have laid the foundation for deeFer collaboration and fijture initiatives.
FinanGially, the widenirvJ 0F￿rating deficAt poses a serious rtsk to our reseDies. ￿lIe targeted
fundraising efforts in 2024-25 yielded encouraging results, continuing with the existing model is no
longer tenable.
Page 7

Bisho
Ho Min
Wah AssocAalion Cwimun
Centre
Trustees, Re
for the Year Ended 31 Marth 2025
FUTURE PLANS
As we look to the future, our Servi￿ development wrll focus on strengthening support for older adults
and exparKling programm8S that engage and eMF￿Wer r￿nt immigrants. Building on the success
of our expert-led workshops, we ￿ntinUe womoting brain health through ev￿daY actNities,
responding to research that highlights low awaren&8s. stigma, and delayed help-seeking for
dem6ntia among Chinese communities. induding bng-settled migrarrts in the UK. Alongside mental
health awareness initiatives. we plan to relaunch a ￿trIendIng Servi￿ to foster connection and
redu￿ isolation.
Through daily inleractions and community feedback, we have identtffed a growing need for inrtiatives
that foster S￿la1 integration, Gross-Gultural understanding, and creative expression. In response, we
plan to launth new projects that bring together senior members. young volunte6rs-especially recent
a￿1Val>and the wider community. We also aim to deepen engagement through digital media and
other innovative approaches that refiect the ev0￿1ng ways people connect.
Organisationally, one of our strategic wioribes is to attract, develop, and retain eX￿ptIOnal staff arKI
volunteers. Th￿r conthbutions are vilal to our mission. Enhancing their experientx begins with
cuftivating a positive, indusive CU￿Ure where weilbeing is priorttised and Fersonal growth is actively
supported.
Strategic partnerships will be key to accelerating progress and bridging gaps in capacity. We are
deeply graleful to St. Martin-in-the-Frelds and its WKler Gommunrty for thair ongoing support. In the
oming year, we will seek new allian￿ with charities and cory￿rate partners to strengthen our
impact and extend our reach.
Intemally, we will focus on streamlining operations through proven, te¢hnology-based solutions that
improve efficiency and s8Nice delivery. Developing a robust tethnology strategy is overdue and
essentl81 to keép pace with a rapidly changing world and the growing comF4extty of our work.
Financial sustainability remains a c£rrtral thallerge. We recognise that relying solely on personal
ne￿orkS and private donations is not viable long-temi. Diversifying our funding streams will require
new skills, strategic investment, and sustsined effort- but we are optimistic and committed to this
journ6y.
Given our mcKlest scale and limited resou￿￿, the'council has adoF*ed a phased, pragmatic
approach to change. This ensures we move forward with care, manage risks effectively. and remain
r8sponsive to evolving communty needs.
Pag6 8

Bisho
Ho Min
Wah Association and Commun
Cenlre
Trustees, Re
ort
for the Year ErKled 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Legal Statu8 and Govemlng document
The charity is controll&J by its goveming document, a deed oftrust and constitutes an unincorporat6d
charity.
The AssocAation is a CharitakAe Incorporat￿ Organisation {CIO}, registered wilh th8 Charity
Commission. It was originally founded as a chantable company lirnited by guarantee on 5 August
1984. With the support of members and a successful resolution at the AGM, the CIO constitution
was fornially adopted on 17 November 2018, replacing the previous Articles of Association. This
transition rèflects our commitment to a more streamlined and resili8nt legal structure, better suited
to our evollring needs.
OrganISa￿Onal stnKture
Intemsts of Council Members
Council Members do not re￿1Ve any remuneration or other personal benefft for their service to the
Association. No related-paty transactions were reported during the financial year 2024-25.
Membership and Voling Rights
Voting Members are iTrJividuals aged 18 or over who hohj both the rMJht and responsibility to
participate in the AssoGiation's General Meetings, induding voting on significant matters. As of 31
March 2025, the Association had 82 Voting Memters.
Councll Mernbershlp and Appolnlment
Council Members. who must also be Voting Members, are elected by their peers at the Annual
General Meeting (AGMI aMI serve a term of three years. Where a vacancy is filled by Council
nomination and appointment between AGMS, the appointed Council Member must retire and stand
for re-ele(*on at the next AGM. Any Council Memter retiring by rotation or by giving notice remains
eligible for re-election.
Rlsk management
The Council undertakes regular reviews of the risks facing the Asso(yation and ensures that
appropriate mitigation measures are in place. It is satisf￿1 that the Assoaation's policies. systems,
and procedures offer reasonable assurance against the wincipal risks identified.
Comprehen$Ne Insuran￿ cover is maintained. and financial sustainabilty is activ8ty monitored. Any
cOn￿rnS relating lo health and safety or safeguarding are addressed promptly and in line wlh
established policy and pro￿dure8.
Budgets, forecasts, and work pIar￿ are develO￿d with carefvl consideration of both the
opportunities and challenges arising from ongoing financial uncertainty. The Council remains vigilant
in monitoring high-impact, high-probability risks and is committed to tsking timely, proportionate
action to mitigate them.
Pag6 9

sho
Ho Min
Wah Association and Communit Centre
Trustees, Re
ort
for the Year Ended 31 March 2025
Council Members, Responsibilities in relation to Financial Statements
Charity law requires the Council Members, as trustees, to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the Association as at the date
of the balance sheet and its income and expenditure for the financial period under review. In
preparing those financial statements, the Council is required to..
Select surtable accounting policies and then apply them consistently.,
Make judgments and estimates that are reasonable and prudent.,
State whether applicable accounting standards and slatements of recommended practice
have been followed, subject to any material departures disclosed and explained in the
financial statements.,
Prepare the financial statements on the going concem basis unless it is inappropriatè to
presume that the company will continue in operation.
The Council Members are responsible for maintaining proper accounting records of the Association
to ensure that the financial statements comply with the Charities Act 2011. They are also responsible
for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the prevention
and detection of fraud and other irregularities. In addition. they are responsible for ensuring that the
accounts Gomply with statutory requirements, the requirements of the charity's governance
instruments and including any other additional information required by law.
THANK YOU
Thank you to everyone who has stood with our community, both in recent times and over the years.
Your support and contributions have helped foster connection, dignity, and belonging, especially
among those navigating new beginnings or facing isolation.
As we moveforward, we warmly invite you to continue shaping thisjourney. Whether by volunteering
your time. sharing your skills, or offering financial support, your involvement directly strengthens the
wellbeing of our community. Every act of generosity helps us reach those who need it most, and
ensures our programmes remain inclusive, responsive, and sustainable.
Approved by order of the Board of Trustees on 25 September2025 and signed on its behalf by..
W Y A Chan- Chair and Trustee
Page 10

Inde
Bisho
endent Examinerfs Re
ort to Ihe Trustees of
Ho Min
Wah Association and Commun
Centre
Independent examinerfs report to the trust888 of Blshop Ho Mlng Wah Association and
Community Centre
I report to the charity trustees on my examination of the accounts of Bish¢)p Ho Ming Wah AssocIat￿n
and Cornmunity Cenlre (the Trust) for the year ended 31 March 2025.
Re8ponslbllltl8s and basis of report
As th8 charily trustees of the Trust you are responsible for the preparation of the accounts in
a￿ordan* with the requirements of the Charities Aci 2011 {'the Act,).
I report in respect of my examination of the Trusfs accounts Ca￿led out under Section 145 of the Act
and in carrying out my examination I have follow&J all appliCa￿e Directions given by the Charity
Commission under Section 145{5)(b) of th6 Act.
Independent examinerfs statsment
I have completed my examination. I confimi that no Material matters have com6 to my attention in
connection with the examination gNing me cause to believe that in any material respect..
accounting records were not kept in resp6ct of th8 Trust as required by Section 130 ofthe Act"
or
the accounts do not accord wilh those records: or
the accounts do not comply with the applicable requirements conceming the fO￿n and content
of ac¢ounls sel out in the Charities (Accounts and Reports) Regulations 2C(18 other than any
requirement that the accounts give a true and fair view which is not a matter Gonsidered as
part of an indeFendent examination.
I have no concems and have come across no other matters in connethon with the examination to
which attention should te drabvn in this report in order to enable a proper understanding of thè
accounts to be reached.
Romtt Basu FCA
The Institute of Chartered Accountants in England and Wales
Bam8s Nob18 Ltd
Unitec House
2 Albert Place
London
N3 1QB
Page 11

Bisho
omin
Wah Association arml Commun
Statement of Financial Activits8S
e Year Ended 31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestrided
fu
Notes £
Restrioted
fund
Designated
INCOME AND
ENDOWMENTS FROM
Donations and legacies
59,467
59,467
27,367
Charitsble activities
Charitable activities
29,742
29,742
25,442
Investment income
Other incom6
6,788
6,788
5,923
5,689
Total
93,516
6,788
100304
64,421
EXPENDITURE ON
Raising funds
Raising donations and
legacies
3.315
3,315
3.315
2,377
Charltabl8 actlvlties
Charitable activities
85,507
102363
Total
Net gains on investsnerts
56,235
NET INCOME
15,647
5.555
21,202
15,916
RECONCILIATION OF
FUNDS
Total fvnds brought
forward
73,641
323,634
397.275
381,359
TOTAL FUNDS CARRIED
FORWARD
89.288
329 189
418477
397 275
Page 12

Bisho
Ho Min Wah Association and Communit Centre
Balance Sheet
As at 31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted
fund
Restricted
fund
Designated
Notes
FIXED ASSETS
Tangible assets
Investments
329,189
284,014
371,904
145,172)
329,189
284,017
371.907
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
2,421
140,573
2,421
140,573
4.674
27,191
142,994
142,994
31,865
CREDITORS
Amounts falling due within
one year
14
18,534)
18,5341
(6,4971
NET CURRENT ASSETS
134,460
134,460
25,368
TOTAL ASSETS LESS
CURRENT LIABILITIES
89,288
329.189
418,477
397,275
NET ASSETS
89,288
329 189
418,477
397,275
FUNDS
Unrestricted funds..
General fund
Designated
15
89,288
329,189
22,419
374,856
418,477
397,275
TOTAL FUNDS
418.477
397,275
The financial statements were approved by the Board of Trustees and authorised for issue on
25 September2025 and were signed on its behalf by..
W Y A Chan- Chair and Trustee
Page 13
continued...

Bisho
Ho Min
Wah Association and Commun
Notes to the Finsncial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing tha flnancial statements
The financial statements of Ihe Charity, which is a public benefrt entity under FRS 102, have
been prepared in accordance with tho Chariti'es SORP (FRS 1021 'Accounting and Reporting
by Charities.. Statement of ReccKnmerKled Practice applicable to charilies preparing their
a¢¢ounts in accordance with the Financial ReFI)rting Stsndard applicable in the UK and
Republic of Ir8land IFRS 102) (effe¢tnie 1 January 2019),, Financial Reporting Standard 102
'The Flnancial Reporting Standard applicabla in the UK and Republic of Ireland and the
Charities Ad 2011. The financial statemerrts have been Ffepared under the htstorical cost
convention, with the ex￿ption of investrnents which are included at market value, as modified
by the revaluation of certain assets.
Income
All inGome is rec(yJnised in the Statoment of Financial Acliviiies On￿ the charity has
entitlement to the funds. it is probable that the income will be re￿iVed and the amount can be
measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expendtture. it is probable that a transfer of ewnomic benefrts
will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an acwals basis and has been classified under headings
that aggregate all ¢o&t rela18d to the category. Where costs cannot be directly attributed to
particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tanglble fixed assets
Depr6ciation is provided at the following annual rates in order to off èach asset over its
estimated useful lrfe.
Taxation
The charity is exempt from lax on ts tharitable acttvrties.
Fund a￿ounting
Unrestrtcted funds can be used in accordance wilh th& charitable objectives at the discretion
of the tNslees.
Restricted funds can only be used for particular restrithd purposes vAthin th8 objects of the
charity. Restrictions arise when speCif￿d by the dmor orwhen funds are raised for particular
restricted pU￿oses.
Further explanation of the nature and purpose of eath fund is included in the noles to the
financial statements.
Pension ¢osts and other post-rellrement beneffts
The charity operates a defined contribubon Fension scheme. Contributions payable to the
charity's pension scheme are charged to the Ststement of Financial Activttses in the period to
which they relate.
Page 14
continu8d...

Bisho
Ho Min
Wah As60ciation and Commun
Cenlre
Notes to the Financtal Statements- ContinL￿d
for the Year Ended 31 March 2025
DONATIONS AND LEGACIES .
31.3.25
Total
funds
31.3.24
Total
funds
Unrestrided Restrfded
funds
fvnds
Donations
Legacies
Grants
29,467
30,mO
29,467
30,000
10.824
16,543
59.467
In 2025, donations consisted of cash gffts from indNiduals or organisations, which the charity
ould use for any purpose within its charitable objectwes. Likewise, there were no restrictions
on the use of the ￿acY money received during the year.
2025
2024
Bishop R O Hall Legacy Fund
Estate of late Wing Chuen Li
LTL Lam
Philip & joy￿ K8ll
Rosamond Brown
Sundry donations
1,000
30.000
1,000
21,C(10
1,000
1.000
1,000
Totsl
Grants received, induded in the above. are as follows:
31.3.25
31.3.24
Other grants
16,543
INVESTMENT INCOME
31.3.25
Total
fvrKIs
31.3.24
Total
funds
Unrestricted Restricted
funds
fvnds
Other investment income
Bank interests
6,788
6,788
5,921
Page 15
continued...

Bisho
Ho Min
Wah Association 8
Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
INCOME FROM CHARITABLE ACTMTIES
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricbj Restricted
funds
funds
Charitsble Activities
29,742
29,742
25,442
RAISING DONATIONS AND LEGACIES
31.3.25
Total
funds
31.3.24
Total
funds
Unrestrided Resthcted
funds
ftJrKIs
Fundraising Expenses
3,315
cHA￿TABLE ACTIVMES COSTS
Suppjrt
costs (see
note 7)
Direct
Costs
Totals
Charitable adivities
84,591
2,149
86,740
SUPPORT COSTS
Govemance
costs
Charitable actiVbtie5
2,149
TRUSTEES. REMUNERATION AND BENEFrrs
There were no trustees, remuneration OT other beneffts for the year ended 31 March 2025 nor
for the year ended 31 March 2024.
Trustees, expènses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
STAFF COSTS
31.3.25
31.3.24
Wages and salaries
Social security costs
Other pension costs
32.874
2.549
933
34,280
2,220
1,028
Page 16
continued...

Bis
Ho Min
Wah AssooatÈon and Commun
Notes to the Financial Statements- Continued
for the Yèar Ended 31 March 2025
The average monthly number of emptoyees during the year was as follows..
31.3.25
31.3.24
Average numter of employ&s
No employees received emoluments in ex￿$ of £60.000.
10. COMPARATIVES FOR THE STATEmE￿r OF FINANCIAL ACTMTIES
Unrestricted
fund
Restricted
fund
Total
funds
Designated
INCOME AND ENDOWMENTS FROM
Donats'ons and legaciès
10,825
(1)
16,543
27.367
Charitable actfvmies
Charitable activities
25,442
25,442
Investment income
other income
5.921
5,923
Tolal
5,920
16,543
EXPENDITURE ON
Raislng funds
Raising donations legacies
2,377
2.377
2,377
Charitablo actlvllies
Charitable activities
953
Total
87,057
953
Nel gains on investments
50
NET INCOMEIIEXPENDrruRE)
(45.049)
61,152
(18n
15.916
RECONCILIATION OF FUNDS
Total funds brought forward
67.468
313.704
187
381.359
TOTAL FUNDS CARRIED
FORWARD
22,419
397 275
Page 17
continued...

Bisho
in
Wah Association and Ccffjmun" Centre
Notes to the Financial Statements- continued
forthe Year Ended 31 March 2025
11. TANGIBLE FIXED ASs￿s
Fixtures
and
fittings
Plant and
machinery
Computer
equipment
Totals
COST
At 1 April 2024 and 31 March 2025
15.219
43.389
3,930
62,538
DEPRECIATION
At 1 April 2024 and 31 Marth 2025
15.218
43,388
62,535
BOOK VALUE
At 31 March 2025
At 31 March 2024
12. FIXED ASSET INVESThIErirs
Listed
Unlisted
investments investments
Tota15
MARKET VALUE
At 1 April 2024
Disposals
Revaluations
247
371,657
(98,843)
10,903
371,904
{98,843)
10,953
50
At 31 March 2025
297
283717
284 014
NET BOOK VALUE
At 31 March 2025
297
283 717
At 31 March 2024
247
371,904
There were no investment assets ouiside the UK.
Cost or valuatlon at 31 March 2025 is represented by..
Listed
Unlisted
investments investments
Totals
Valuation in 2025
50
247
(87,939)
371657
187,889)
297
283.717
Page. 18
continued...

Bisho
Ho Min
Wah Association and Commun
Notes to thé Financial Statements - continued
for the Year Ended 31 March 2025
13. DEBTORS: AMOUNTS FALLING DUE I￿H1N ONE YEAR
31.3.25
31.3.24
Other debtors
Prepayments
154
2,267
4,674
2.421
14 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
31.3.25
31.3.24
Trade ¢xeditors
Other creditors
16. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
General fund
Designated
73,641
323,634
15,647
89,288
329 189
397,275
21,202
418,477
TOTAL FUNDS
397,275
418477
Net movem&nt in funds, induded in the above are as follows:
IncomirttJ Resources Gains and Movement
resources expended
losses
in funds
Unrèstrlctsd funds
General fund
Designat8d
93.516
6,788
(88,822)
10,953
15,647
100,304
21.202
TOTAL FUNDS
10,953
21,202
Page 19
continued...

Bisho
Ho Min
Wah Association and Commun
Centre
Notes to the Financial Statements - continued
for the Year Ended 31 Ma￿h 2025
15. MOVEMENT IN FUNDS - Contlnued
C(Mnparatives for movement in lunds
Net
movement
in funds
At 1.4.23
31.3.24
Unrestricted funds
General ftjnd
Deslgnated
67.468
{45.049)
61,152
22,419
374,856
381,172
16,103
397,275
Restricted fun(ts
Restricted
187
{18n
TOTAL FUNDS
381.359
397 275
Comparative net movement in funds, induded in the aLx)ve are as follows:
Incoming Resour(x Gains and Movement
resources expended
losses
in funds
Unrestrictsd funds
General fund
Destgnated
41,958
<87,057)
5,920 ￿953>
50
56,185
{45.049}
47,878
{88,010)
56,235
16,103
Restrlcted funds
Restricted
16,543
(16,730)
(187)
TOTAL FUNDS
64.421
104 740
15,916
Page 20
continued...

Bisho
Homi
Wah AssociatFon arKI Commun
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
1& MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows..
Net
movernent
in funds
At
31.3.25
At 1.4.23
Unrestrictsd funds
General fund
Designated
67,468
313,704
(29.402)
66,707
38,066
380,411
381.172
37,305
418,477
Restrlctsd funds
Restrided
187
(187)
TOTAL FUNDS
381,359
37,118
418,477
A current year12 months ar￿ prior year 12 months combined net mi)vement in funds, included
in the above are as follows:
Incoming Resour￿ Gains and Movement
Tesources expended
losses
in funds
Unrestr]cted fvnds
General fund
Designated
135.474
(175,879)
11.003
56,185
{29,402)
148,182
(178,C65)
67,188
37,305
Restricted funds
Restricted
16.543
(16.730)
(187)
TOTAL FUNDS
194 795)
16. RELATED PARTY DISCLOSURES
There were no related party transadions for year end&1 31 March 2025.
Page 21