**Charity Registration No. 297742** **Company Registration No. 02149909 (England and Wales)** ## **CHINESE COMMUNITY CENTRE** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **CHINESE COMMUNITY CENTRE** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Patron**|Lady Youde|| |---|---|---| |**Trustees**|Ms C Y W Yau|| ||Mr H Y Chan|| ||Mr Z A Lau|| ||Mr D Lee|| ||Mr I D Haworth|(Appointed 1 March 2021)| |Secretary|Mr H Y Chan|| |Charity number|297742|| |Company number|02149909|| |Registered office|2 Leicester Court|| ||London|| ||England|| ||WC2H 7DW|| |Independent examiner|abacus azure|| ||Chartered Certified Accountants|| ||85-87 Bayham Street|| ||London|| ||NW1 0AG|| |**Bankers**|HSBC Plc|| ||17 Gerrard Street|| ||London|| ||W1V 8HB|| ||The Bank of East Asia Limited|| ||London Branch|| ||75 Shaftesbury Avenue|| ||London|| ||W1D 5BB|| ||Manchester Building Society|| ||125 Portland Street|| ||Manchester|| ||M1 4QD|| |**Solicitors**|Dominic Lee|| ||60-66 Wardour Street|| ||National House|| ||London|| ||W1F 0TA|| ## **CHINESE COMMUNITY CENTRE** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 3| |Independent examiner's report|4| |Statement of financial activities|5| |Balance sheet|6| |Notes to the financial statements|7 - 16| ## **CHINESE COMMUNITY CENTRE** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ The trustees present their report and financial statements for the year ended 31 March 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016) ## **Objectives and activities** The charity's objects are is to improve the quality of life and well-being of the Chinese Community in London, particularly the new arrivals and those who are disadvantaged, preserving Chinese culture, arts, identity and traditions. The policies adopted in furtherance of these objects are those that continue to provide services to meet the needs of Chinese Community across London. There has been no change in these during the year. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** The lockdown came as a shock when it was announced on the 23rd of March 2020 and we had only two days to prepare closing the Centre. The staff team hoped the lockdown would be over in a couple months and by summer 2020 everything would be back to normal. During the first lockdown, we asked all staff to work from home if they could, for example, administrative staff would stay in contact with elderly members who were shielding and signposted services as we managed to arrange with food banks and Age UK, where necessary for food and medicine delivery. Staff from the information & advice department working from home continued the welfare applications and online services for members. Before the second lockdown in December, we opened 4 days a week and 4 hours a day to help those who couldn’t be assisted remotely, and for those who did not have access to the internet. Even with shorter opening hours, we managed to complete 1,540 cases and claimed a total of £442,761 in benefits for our members. The government Furlough scheme definitely saved our charity and the members of our community. Apart from Information & Advice, the UK Society of Chinese lawyers (UKSCL) carried out pro bono legal advice for our members over the phone or via Zoom. We handled a total 73 cases. Some of our elderly members live alone and couldn’t cook, with no restaurants open, we continued our takeaway services specially for those who were in greater need, we managed to serve more than two hundred takeaway lunches during the lockdown. Classes were offered online, such as Cantonese for adults, Chinese painting, Chinese dance, in fact we added few new classes such as Cantonese for kids aged 5-7; 8-10 and Mandarin for beginners. All these classes benefited people who were shielding or lived further away, such services continued after the lockdown restrictions lifted. During the complete lockdown, we took this opportunity to deep clean the Centre and gave it a complete makeover. The last time the Centre being painted was 10 years ago. We cleared out the storerooms and recycled all old hardware. We also upgraded our old telephone system so that we could employ call forwarding to our staff, and have a voice messaging service, enabling a more efficient service to our members. - 1 - ## **CHINESE COMMUNITY CENTRE** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **Financial review** In terms of funding, our Centre Director Beverley started an online JustGiving campaign—save the CCC2020, as of 31.03.2021 we raised £25,377 for the Centre, she has collaborated with other charitable organisations to successfully deliver online activities. Beverley has also worked tirelessly contacting many private companies in order to raise funds for the CCC and manged to obtain generous donations from private companies such as Deciem (£20,000) and Lewis Communications (£2,000). In summary, it was a very difficult year for everyone especially for charities, but we managed to survive, and we came out stronger than before such is the resilience of our community. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. The main risks are as follows: |**Identified Risks**|**Risk Management**| |---|---| |Competitive environment|Identify resources| |Insufficient funding|Cutback in office activities, review work programme| ||regularly, negotiate with funders for increased| ||support and further develop income generation| ||activities| |Highly in-demand services|Regular reviews of services criteria and| ||programmes| |Capacity demands on staff|Regularly review staff training and development plan,| ||strengthen supervision and appraisal processes to link with| ||organisational, financial and services objectives. Focus on| ||impact and outcomes| ## **Plan for the future** We will continue to serve in spite of financial adversity and we will remain committed and dedicated to our community and those who need our support. ## **Structure, governance and management** The charity is a company limited by guarantee. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Ms C Y W Yau Mr H Y Chan Mr Z A Lau Mr D Lee Mr I D Haworth (Appointed 1 March 2021) None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. - 2 - CHINESE COMMUNITY CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The charity Ss dependent on the dedlcation and contrbutton of the slaff team and tho Se￿ISh-le$S volunteers lo assist with its fundraising a variety of activities. Trustees oversee the activ1th￿ of th8 Centre. The Try￿lee8 are respenslble for pollcy d8cigons, gen8r81 ￿(￿&S of d￿rity. Acommitted profession81 stgff is central to the success of Ihe wganisalion. Al slaff we provlded wllh gngoing SLlPW)rt. training and development opportunitie5. Thé Centr8 ryJrr8ntEy émploys 8 fiJI￿lIm• staff. The trustees, report was approved by the Board ofTrustaes. MrHYChan trust89 Daled: 14 Odober 2021 MsCYWYau Irustae Daled:14 oct￿ 2021 ## **CHINESE COMMUNITY CENTRE** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF CHINESE COMMUNITY CENTRE** I report to the trustees on my examination of the financial statements of Chinese Community Centre (the charity) for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or - 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Noel Aloko FCCA abacus azure Chartered Certified Accountants 85-87 Bayham Street London NW1 0AG Dated: 18 October 2021 - 4 - ## **CHINESE COMMUNITY CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
10,221
125,872
Charitable activities
**4**
4,188
3,000
Other activities
**5**
22,363
-
Investments
**6**
503
-
Material other income
810
-
Other income
**7**
35
-
**Total income**
38,120
128,872
**Expenditure on:**
Raising funds
**8**
6,349
-
Charitable activities
**9**
38,173
118,533
Material other
expenditure
5,000
-
**Total resources**
**expended**
49,522
118,533
**Net (expenditure)/income**
**for the year/**
**Net movement in funds**
(11,402)
10,339
Fund balances at 1
April 2020
As originally reported
_100,917_
_279_
Prior year adjustment
_(1,300)_
_7,048_
As restated
99,617
7,327
**Fund balances at 31**
**March 2021**
86,915
24,714|**Total** Unrestricted
Restricted
funds
funds
**2021**
2020
2020
**£**
**£**
**£**
136,093
45,786
47,115
7,188
43,735
-
22,363
58,609
-
503
932
-
810
2,176
-
35
4,732
-
166,992
155,970
47,115
6,349
15,876
-
156,706
154,826
47,115
5,000
10,971
-
168,055
181,673
47,115
(1,063)
(25,703)
-
_106,944_
_125,320_
_7,327_
_5,748_
_-_
_-_
112,692
125,320
7,327
111,629
99,617
7,327|Total
2020
**£**
92,901
43,735
58,609
932
2,176
4,732
203,085
15,876
201,941
10,971
228,788
(25,703)
_132,647_
_-_
132,647
106,944| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 5 - CHINESE COMMUNITY CENTRE BALANCE SHEET ASAT31 MARCH2021 2021 2020 Noles Flxed assets Tangible assets 13 11.924 14.905 Current 8$$ets Debtors Cash al bank and In hand 14 2,476 318.640 2,975 215.038 321.116 218,013 Creditors.. amounts falllng du• within one year 16 (100.411) (4.9741 Nel eurrenl assets 220,705 213.039 Total a55ets les5 currgnt liabilities 232.629 227,944 Pfovl$lon$ f¢r IIabllltle$ 1121.000) {121.000} Net assets 111.629 106,944 Income funds Reslrtcled funds Unreslricled funds 24.714 86.915 7.327 99.617 111,629 106.944 The company Is entitled to the exemplion from the *JJtt requirement contained n Secti￿ 477 of the Companies Act 2006. for the year ended 31 March 2021. The directors acknowledge their responsibilities for Cornpl￿ng w￿th the requirements of Ihe Companies Act 2006 with respect lo accounling records and the p￿paratiOn of financial slalements. The mpmbers have Mt requI￿d the company to 0￿1n an avdit **Restricted**
**funds**
**funds**
**£**
**£**
COVID-19 Grants
-
71,122
Grants
-
6,750
Sponsorships
-
13,000
Luncheons
680
-
Workshops
9,541
35,000
10,221
125,872
**For the year ended 31 March 2020**
45,786
47,115|**Total**
**2021**
**£**
71,122
6,750
13,000
680
44,541
136,093|**Total**
**2020**
**£**
-
26,115
21,000
11,051
34,735| |---|---|---| |||92,901| |||92,901| ## **4 Charitable activities** |Fundraising
Donations
Other charitable activities
Membership fees
Analysis by fund
Unrestricted funds
Restricted funds|**2021**
**£**
43
-
-
7,145
7,188
4,188
3,000
7,188|**2020**
**£**
6,662
30,890
686
5,497| |---|---|---| |||43,735| |||43,735
-| |||43,735| - 10 - ## **CHINESE COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**5**
**6**
**7**
**8**|**Other activities**|**Other activities**| |---|---|---| ||**Unrestricted** Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Elderly activities
78
1,257
Fundraising events
15,329
4,937
Youth activities
860
6,909
Letting and licensing arrangements
5,644
35,316
Sponsorships
-
7,735
Other income
452
2,455
Other activities
22,363
58,609
**Investments**
**Unrestricted** Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Interest receivable
503
932
**Other income**
**Unrestricted** Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Sales within Charitable activity
35
4,732
**Raising funds**
**Unrestricted** Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Fundraising and publicity
Workshops
6,349
15,876
6,349
15,876|| |||15,876| - 11 - ## **CHINESE COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **9 Charitable activities** |**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2021**
**2020**
**£**
**£**
Staff costs
123,919
145,582
Depreciation and impairment
2,981
3,726
Elderly activities
86
614
Luncheons
489
8,380
Youth activities
-
5,425
Other charitable expenditure
-
492
Chinese Community Health & Wellbeing
-
5,000
127,475
169,219
Share of support costs (see note 10)
22,582
25,272
Share of governance costs (see note 10)
6,649
7,450
156,706
201,941
**Analysis by fund**
Unrestricted funds
38,173
154,826
Restricted funds
118,533
47,115
156,706
201,941|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2021**
**2020**
**£**
**£**
Staff costs
123,919
145,582
Depreciation and impairment
2,981
3,726
Elderly activities
86
614
Luncheons
489
8,380
Youth activities
-
5,425
Other charitable expenditure
-
492
Chinese Community Health & Wellbeing
-
5,000
127,475
169,219
Share of support costs (see note 10)
22,582
25,272
Share of governance costs (see note 10)
6,649
7,450
156,706
201,941
**Analysis by fund**
Unrestricted funds
38,173
154,826
Restricted funds
118,533
47,115
156,706
201,941|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2021**
**2020**
**£**
**£**
Staff costs
123,919
145,582
Depreciation and impairment
2,981
3,726
Elderly activities
86
614
Luncheons
489
8,380
Youth activities
-
5,425
Other charitable expenditure
-
492
Chinese Community Health & Wellbeing
-
5,000
127,475
169,219
Share of support costs (see note 10)
22,582
25,272
Share of governance costs (see note 10)
6,649
7,450
156,706
201,941
**Analysis by fund**
Unrestricted funds
38,173
154,826
Restricted funds
118,533
47,115
156,706
201,941| |---|---|---| ||**2021**
**£**
123,919
2,981
86
489
-
-
-
127,475
22,582
6,649
156,706
38,173
118,533
156,706|**2020**
**£**
145,582
3,726
614
8,380
5,425
492
5,000| |||169,219
25,272
7,450| |||201,941| |||154,826
47,115| |||201,941| - 12 - ## **CHINESE COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**10**
**Support costs**
Staff costs
Bankcharges
Training
Travelling
Rates
Insurance
Telecommunications
Staff recruitment
Cleaning & maintenance
IT costs
Print. post. & stationery
Subscription & sundries
Examiner's fees
Accountancy
Legal and professional
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
540
-
(88)
-
-
-
40
-
4,659
-
395
-
2,401
-
174
-
3,018
-
5,621
-
4,406
-
1,416
-
-
1,500
-
3,550
-
1,599
22,582
6,649
22,582
6,649|**2021**
**£**
540
(88)
-
40
4,659
395
2,401
174
3,018
5,621
4,406
1,416
1,500
3,550
1,599
29,231
29,231|Support
costs
Governance
costs
£
£
3,084
-
167
-
427
-
1,194
-
4,127
-
348
-
3,749
-
347
-
1,470
-
5,426
-
3,649
-
1,284
-
-
1,500
-
3,350
-
2,600
25,272
7,450
25,272
7,450|2020
£
3,084
167
427
1,194
4,127
348
3,749
347
1,470
5,426
3,649
1,284
1,500
3,350
2,600| |---|---|---|---|---| |||||32,722| |||||32,722| Governance costs includes payments to the independent examiner of £1,500 (2020- £1500) for independent examination fees. ## **11 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **12 Employees** The average monthly number employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2021**
**Number**
9
**2021**
**£**
119,073
3,523
1,863
124,459|**2020**
**Number**
8| |---|---|---| |||**2020**
**£**
140,371
6,164
2,131| |||148,666| - 13 - ## **CHINESE COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**13**
**Tangible fixed assets**
**Cost**
At 1 April 2020
At 31 March 2021
**Depreciation and impairment**
At 1 April 2020
Depreciation charged in the year
At 31 March 2021
**Carrying amount**
At 31 March 2021
At 31 March 2020
**14**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
**15**
**Loans and overdrafts**
Bank overdrafts
Pension
Payable within one year|**Fixtures and fittings**
**£**
125,578
125,578
110,673
2,981
113,654
11,924
14,905
**2021**
**2020**
**£**
**£**
2,476
2,975
**2021**
**2020**
**£**
**£**
345
5
312
-
657
5
657
5|**Fixtures and fittings**
**£**
125,578
125,578
110,673
2,981
113,654
11,924
14,905
**2021**
**2020**
**£**
**£**
2,476
2,975
**2021**
**2020**
**£**
**£**
345
5
312
-
657
5
657
5| |---|---|---| |||125,578| |||110,673
2,981| |||113,654| |||11,924| |||14,905| |||**2020**
**£**
2,975| |||**2020**
**£**
5
-| |||5| |||5| - 14 - ## **CHINESE COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **16 Creditors: amounts falling due within one year** |**Notes**
Bank loans
**15**
Other borrowings
Other taxation and social security
Deferred income
**18**
Trade creditors
Other creditors
Accruals and deferred income
**Provisions for liabilities**
Movements on provisions:
**£**
At 1 April 2020 and 31 March 2021
71,000
**18**
**Deferred income**
Other deferred income|**2021**
**£**
345
312
1,332
95,672
1,250
-
1,500
100,411
**2021**
**£**
71,000
50,000
121,000
**£**
50,000
**2021**
**£**
95,672|**2020**
**£**
5
-
2,443
-
1,250
(224)
1,500
4,974
**2020**
**£**
71,000
50,000
121,000
**Total**
**£**
121,000
**2020**
**£**
-| |---|---|---| ## **19 Retirement benefit schemes** ## **Defined contribution schemes** The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The charge to profit or loss in respect of defined contribution schemes was £1,863 (2020 - £2,131). - 15 - ## **CHINESE COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**20**|**Analysis of net assets**|**between funds**|||||| |---|---|---|---|---|---|---|---| |||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total| |||**funds**|**funds**||funds|funds|| |||**2021**|**2021**|**2021**|2020|2020|2020| |||**£**|**£**|**£**|£|£|£| ||Fund balances at 31||||||| ||March 2021 are||||||| ||represented by:||||||| ||Tangible assets|11,924|-|11,924|14,905|-|14,905| ||Current assets/||||||| ||(liabilities)|195,991|24,714|220,705|205,712|7,327|213,039| ||Provisions|(121,000)|-|(121,000)|(121,000)|-|(121,000)| |||86,915|24,714|111,629|99,617|7,327|106,944| ## **21 Related party transactions** There were no disclosable related party transactions during the year (2020 - none). - 16 -