REGISTERED CHARITY NUMBER: 295620
Re￿rt of the Trusttts and
FinaDcial st*ten￿ for the Year EThJed 31 March 2025
for
WaithAm Fororf Chinoqe Association
P and Co (Partners) LLP
18 Ensign Siieet
London
EI 8PA

Waltharn Forest Chinese Association
Lontent5 of the Financial StatemeDts
for the Year Ended 31 March 202)
Pagt
Report of the Trustees
Indepcndent Examiner's Report
Sta¢em¢nt of FinAncig1 ActiTriti
BAknnce Sheet
Notes ta the TrThnAncial StAtements
6 ￿ 10
Detailed Statement of FiDancial Acti￿tieS

Waltharn Forest Chinese Association
Report of the Trustees
for the l'ear F.nded 31 March 2025
The iruste£s present their re￿rt with the financial staiemenis of the charitv for Ihe ended 31 March 2025. The tn]51ee5
have adopted the provisiorts ot. Accourttirtg and Reporting hv Charities= Sthiement ot Recommended Practice applicable i
chdrities prep￿I￿n￿ their account5 in accvrddnce with the Financial Reporting StaTr(Jdid dpplic4ible in the UK dnd Republic of
Ireland IFRS 1021 leftective l January 20151.
REFERENCE AND ADMINISTIL4TIVE DETAllS
Registered CknTlt> number
29)620
Principal address
18 Et)sign Street
L()ndon
EI SPA
Trustees
Ksman
SKLi
Independent F.xaminer
P and Co (Partners) LLP
8 Ensign Sireei
London
EI 8PA
STRUCTURE, GOVEILYANCE AND f*L4NAGE.ME.YT
The LhaTlty is controlleJ by 11% g(IN'erning d￿uMen(. a deed ol trusi and ¢OllSiilu￿S an uninL0Tptsra￿j Charily.
OIIJF.CTIVFS AND ACTIVITIFS
I'he Charity's Objectives
To advance education in Chinese language for child￿￿ aTMJ adults tesiding in the United KingdoTn.
To prornvle Chinese culiure and heritage lor public benefil.
To t'oster cr(I%S-cllltural undersianding between Chine%e and ￿lder UK communiiie%.
The Charity's Activities
During the repi)rting year. Ihe charitv ¢arried out the follo￿Ing aciii'ilies."
Delivered weekly Chinese language Iboth Mandarin and CanLonesel classes for students
Offered cultural enrichment sessioT15 including singing. chi[￿Se dance. iTrstrutnenls elc for adults.
Provide4J edu¢a¢ional supwrt maienals i￿lUding *itiKM)ks a[￿ volun*ei-ILxl iuionals
ACHIEVEMENTS A.ND PERFORMANCE
All language% cla%ses are operaiiona]. Presentlv. on a%'era£e. ￿'e 20 classes per ￿'eek. up 10 34 weeks per year. We have
around 270 stu(knls with supp(irt vf 20 vvlunleer t¢aL-h¢r5 5 v(?lunleei i¢a¢hing &%515Llnts'.
Waliham Fore%t Chinese A%sociaiion achieved ouistsnding exam ￿sUIL% with all GCSE silldenLS scoring i()p grade8.
Walihani Forest Chinese Associaiion also n]ns a weekiv CanLonese 0￿ra group for the older niembers of our comjnunity,
providing ihe OPPOrfunities lor Ihem tt) learn to sing Cart¢onese opera and ￿ si￿1a]ise with other members. This group has
staged performances to help raise money for our charity.
Page I

FINALYCIAL REVIEW
Totlil income foT 20?5 was £70.70.5, derived from donations.
Total expenditure was £76,291. covering classr￿M ren¢. volunteer expenses and operational expenses.
The resulting nei defi¢il of £5.-586 is mainly due t() in¢ieases in ¢la*si(K)m reni. textiM)()ks and utility Costs. The 4Jefi¢it was
covered from iinresiricted reserves, which remain sufficieni io suppon ongoing aciivirie5.
The trustees hdve reviewed the charity'5 findnce5 and are Satisfi￿ that it retnains a guing concctn.
PURLIC BENF.FIT ST.4TF.MF.NT
lTre In]stees confirm that the! have considered the Chainy Cornrnission's guidance on public benefjt, and in particular the
advancement i)t edueatiort, pr()m(Trti(Trn (Trf s(￿181 Inclusion. euliurdl Unde￿la￿dIrtg and dive￿itY and commllniiy develnpment.
"UNDS HELD AS CUSTODIAN TRUSTEL
The charity did not hold any fund5 a5 a cu5t(Kiian t￿Slee during the rq>orting yeai.
STA TEMENT OF TRUSTEES. RESPONSIBILITIES
The [￿SIt£S IK S Man and S K Lil art Tesponsible for maintaining accurate accounting record5 and prepaTing the annual
repi)rt and accnllnts In aLCOrdan￿ ￿'Ith the Charities A¢t ?nl l and Chariiv Commis%ion requiremenLS.
Approved by older of the board of ITUStees on
1811112025
and 5igTKd on its behalf bv..
Trustee
Page 2

Ind¢p¢ndent Exarniner'5 Re￿rt to the Trwstees of
Waltham Forest Chinese Aw￿latIOn
Independent examiner's report to the trustees ofwaltham Foresl Chinese A&4Kiation
I report to the charity trusie£s on my examinaiion of Ihe ac£ount5 of Waliham Foresi Chinese Association (the Trust) for the
year ended.31 March 2025.
Reswyn5ibilities and basis of report
A5 the chaiiiy ttUStees vf ihe Ttusi. Vou are re5pon5ible forthe preparation of the accounts. in accor(Jance with the requiremeiits.
ol the Charities Aci 2011 {'the Aa'l.
I report in respect of my examination irf Ihe Tn]si's accounts carried out under 5eciion 145 of ihe Act and in carrying out my
examinatinn I have t"olli)wed a]1 applicable Direeiion8 given by the Charity Commiision under section 145(5llbl i)f the Aei.
Independent exAminer'.s.4tAtement
I h£ive Lotnpleted Tny txatnination. l Lonfirtn thai fflaietial wnatters have COTne to Tlly attenlion in connection with the
examination giving me cause io ￿lie1't thai in anv material re5pect=
accounting record5 were not kept respect of ihe TtU51 a5 required by section 1.10 of the Act- or
the aeL()unts do not ￿e0rd w'ith thn%e record%- or
the accounts do not cotnply ￿"Ith the applicable iequiiemen15 conceTning the fomi and content of accounts set out in
the Charitie% IAcLollni% and Rep()rtsl Reglllati()n$ 21K)8 1)Iher than any requiremeni thai the aLcnunL% gil'e a true and
fail i'iew w'hich is not a rnatlei considered as part of an independent examinatLOn.
I have no concerns artd have Lome across rto oiher M￿￿￿$ In conrte¢¢ion with the examinaiion to whiLh aueniion should be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
P A￿a Co LLR
P & Co LLP Chartered Accountan15
P and Ci) (Partners) LLP
18 Ensign Siietl
London
EI 8PA
Date..
0511212025
Page 3

Waltharn Forest Chinese Association
Statement of Financial ACti￿tieS
for the l'ear F.nded 31 March 202>
2024
Total
Total
furtds
INCOME AND ENDOWMENTS FROM
th)nation5 and leg4i¢ies
70,705
75,IN)
EXPENDITURE ON
Other
76.291
NET INCOMFJ (LOSS)
(5,5861
11,167
RECONCILIATION OF FUNDS
Total fund5 brought forsvard
192,640
181,473
TOTAI. FUNDS CARRIF.D FORWARD
187.054
192,640
The notes form part of these tinat)cial sthiements
Page 4

Waltharn Forest Chinese Association
Balance Sheet
31 Nlarch 2025
2024
Total
Total
furtds
Note5
FIXED ASSETS
T(Ingible assets
279
CURRENT ASSETS
SILKks
Cash at hank
Debt015
50
189,IP95
50
19_3,598
-30
19_3,678
189,145
CREDITORS
Amounts falling due within one v&gr
(2,3701
(1,4101
NET CURREf4T A&SE'rs
186,775
192,268
TOTAL ASSETS LESS CURRENT
LIABILI'I-IES
187,054
191,640
NET A&SETS
187.054
192,6AO
FUNDS
UnreslTicied fund5
io
187.054
192.640
TOTAL FUNDS
187,054
192,(AO
The financial staiemenis were approved by the Board of Tn]sLees a[￿ authorised for isslle on
Signed i)n iL% behalf by..
1$11112025
alld were
Tn]stee
The notes form part of these tinat)cial sthiements
Page 5

Waltharn Forest Chinese Association
Notes to the Financial Statements
for the l'ear F.nded 31 March 202>
ACCOUNTING POI.ICIFS
Basis of preparing the finanfial statements
These hdve been prepdied un(kr the histVriC411 c05t convention with items recognibed at cost 01 tian5￿tIon
value unless oiherwise slated in the relevani noies io these accounts.
The accounts have been prepared in acCorda[￿e with..
The St2L ietnent of Recomtnended Practice= Accounting ar￿ Reporting by Charities preparing their accounts
irt aceordanee ￿lth the Financial Rep)rting Stsrtdard applicable irt the UK and Repuhlic nf"Ireland (FR$ 1021
issued on 16 July 2014
The Financi￿11 Repvrting Standard applicable the U￿11¢(1 Kin¥dom and Republic of IrelaDd IFRS 1021
The Charities Act 2011
The charity constituies a public ￿nefIt eniiry as defjned bv FRS 102.
InC0￿e
All In¢ome Is reiognised in ihe S¢aiemeni of Finan¢ial A¢iivi¢ies On￿ ihe ¢hariiy has ert¢i¢lemeni to ihe lunds, il is
probable ihat the inLottLe will received and the can ￿ tnea5ured reliably.
Expenditure
LiL2bililies are recognised a5 expendtiure a5 soon as ihere is a legal or constructive obligation committing the charity
to thai ex￿n￿lIurt. It is probable thai a transfer of iEn¢filS will be ra]uire£l in seiilerneni ihe amuuni or
the obligation can be measured reliably. ExpendiLure is accounted for on an accruals basis and has been classified
under heading% thai aggregate all co81 related li) Ihe caie40ry. Where CO%L% cannoi be direLily aitribuied tn particular
he(Iding5 they have be£n all￿al£d io aclii'ilie5 on a basis COnS1slellt ￿'Ith the use of re50urLes.
Tanglble flxed *￿ets
Depreciatiot) is provided at the followit)g annual r*es in on]er ￿ write off each assei oi'er lis esiimated useful life.
FuTnitUTe, Fixtures & Equip￿¢￿1
25* on ieducing balancc
Sti)eks
Stocks are vallled ai the 14)wer of cost and nei reall￿ble va]ue. arier making due allowance f()r obsoleie and sli)w
mvving iletn5.
Taxation
The charity is exempt from on i15 charitable ￿1vilieS.
Fund aecounting
Unre%tricied fund% can be in ac£4)rdance ￿'1th the charithble abJecii%'es ai the discreiion af the tsu8iees.
Restricted funds can only ￿ used forpanicular restricted purpostt within the objects of the charity. Restrictions arise
when spe¢ified by ihe donor or whert funds are raised for particular purw)ses.
Further explanation ot the nature and purp)se of each fund is included in the notes io the fJnancia] statements.
Page 6

Waltharn Forest Chinese Association
Notes to the Financial Statements- coDtinued
for the l'ear F.nded 31 March 202>
TRUSTEES, REMUNEIL4TION AiYD BENEFITS
There were no trustees, reTnuneiation other benefits fvr the yeai eTvJed 31 March 202.fj foi the year en(kd
31 March 2024.
Tru5tees' expenses
There weTe no ttU5tee5' expeTr5e5 paid for the year en(kd.I l March 2025 noi for the year ended 3 l MaTch 2024.
EMPLOYEES
The average monthly nutnber of employee5 during the y&ir wa5 as follows=
2025
20
2024
2n
Staff
21
21
No employees received emolument5 in excess of £fl).(KK) per annum.
COMPARATIVES FOR THE STATEMENT OF FLYANCIAL AcfivITIES
Unrestricted
fund
INCOMF..4ND F.NtK>WMF.NTS FROM
Donaiions legacies
75,1(1)
EXPENDITURE ON
Other
63,993
NET INCOME
11,1fi7
RF.CONCII.IATION OF FUNDS
Total funds brought fonvard
181.473
TOTAL FUNDS CARRIED FORWARD
192.640
Page 7

Waltharn Forest Chinese Association
Notes to the Financial Statements- coDtinued
for the l'ear F.nded 31 March 202>
TANGIBI.F. FIXF.D ASSF.TS
Fixture5
and
fitting
COST
At l April 2024 and 31 March 2025
4,71
DEPRECIATION
At l April 2(P4
Charge foT year
9.3
At 31 March 2025
4,432
NET BOOK VALUE
At l April 2024
372
At 31 March 2025
279
STOCKS
2025
2024
Finishe£l u(M)ds
50
50
CASH AT BANK
2025
2024
Cash ai bartk
189.(P5
19.3,598
DEBTORS: AMOUNTS FALLING DUE wrfHP4 of4E YEAR
2025
2024
Trade debtOTS
30
CREDITORS: AMOUNTS FALLLYG DUE wrfHIN ONE YEAR
2025
2024
TTade creditor5
2..370
1.410
2.-370
.410
Page 8

Waltharn Forest Chinese Association
Notes to the Financial Statements- coDtinued
for the l'ear F.nded 31 March 202>
MOVF.MF.Pa IN FUNDS
Net
rnovemeni
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
General funds
192.
15,5861
187.054
TOTAL FUNDS
192.640
15.5861
187.n54
Net TnvveTnent in fund5'. inLludtd in the aEK)ve are as follows=
In¢oming
resources
Rewur¢es
expended
mO￿¢MenT
in funds
Unrestrieted funds
General tunds
70,7n5
(76,?911
15,5861
TOTAL FUNDS
70.705
176.2911
15.5861
Comparatives for moyement fuDds
Net
ovement
in funds
At
31.3.24
Ai 1.4.23
Unrestricted
General t.unds
181,473
11.167
192,640
TOTAL FUNDS
181.473
1,167
I92,￿0
Coinparative nei movement in funds. included in ihe above are as follows=
Incoming
re%ources
Resources
expended
Moi'ement
in fundq
Unrestricted fuDds
General funds
75,1(A)
(63,9931
1,167
TOTAL FUNDS
75.IfA)
(63,9931
1,167
Page 9

Waltharn Forest Chinese Association
Notes to the Financial Statements- coDtinued
for the l'ear F.nded 31 March 202>
ii.
RELATED PARTY DISCLOSURES
There weTe no ielaled P41rty transactivns for the year end￿ 31 March 2025.
Page 10

Walth8rn Forest Chinese Association
Detailed Statement of Financial ActiTrTrties
for the l'ear F.nded 31 March 202>
2025
2024
INCOME AND ENDOWMEYTS
Donations and legacies
th)nation5
70.705
75.160
Total incoming resources
70.705
75,1É11
EXPENDITURE
Support costs
Other
Wages
Voluntary Workei EX￿￿￿e$
Raies and water
Insllrance
Telephone
Post￿￿ ge and stationery
Sundrie5
Depreciation of tangible trixed assets
10.125
10.125
23.034
1,375
3(KJ
2.863
3,446
93
18.712
1255
3(KJ
1.397
1,4.Al
124
72,961
62,583
Governance costs
AcLollnianLy at)d lega] fees
3,330
1,410
Toial resources expertded
76,291
63.993
Net IDcomel Ilossl
15,5861
This page does llOL forni part of t]ie siamiory finat)cial SL2iements
Pagell