2022-03-31-accounts - Chinese Community Centre

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`Patron`	`LadyYoude`
`Trustees`	`MsC Y W Yau`
	`MrH Y Chan`
	`MrD Lee`
	`MrI D Haworth`
`Secretary`	`MrH Y Chan`
`Charitynumber`	`297742`
`Companynumber`	`02149909`
`Registeredoffice`	`2` `LeicesterCourt`
	`London`
	`England`
	`WC2H7DW`
`Independentexaminer`	`abacusazure`
	`CharteredCertifiedAccountants`
	`85-87BayhamStreet`
	`London`
	`NW1DAG`
`Bankers`	`HSBCPic`
	`17GerrardStreet`
	`London`
	`W1VBHB`
	`TheBankofEastAsiaLimited`
	`LondonBranch`
	`75ShaftesburyAvenue`
	`London`
	`W1D5BB`
	`ManchesterBuildingSociety`
	`125PortlandStreet`
	`Manchester`
	`Ml4QD`
`Solicitors`	`DominicLee`
	`60-66WardourStreet`
	`NationalHouse`
	`London`
	`W1F0TA`

	`Page`
`Trustees'report`	`1- 3`
`Independentexaminer'sreport`
`Statementoffinancialactivities`
`Balancesheet`	`6-7`
`Notestothefinancialstatements`	`8-17`

`Competitiveenvironment`	`Identifyresources`	`Identifyresources`
`Insufficientfunding`	`Cutback`	`in` `office`	`activities,review`		`work`	`programme`
	`regularly,`	`negotiate`		`with` `funders`	`for`	`increased`
	`support`	`and` `further`		`develop` `income`		`generation`
	`activities`
`Highlyin-demandservices`	`Regular`	`reviews`		`of` `services`	`criteria` `and`
	`programmes`
`Capacitydemandsonstaff`	`Regularly`	`reviewstaff`		`trainingand`	`developmentplan,`
	`strengthen`	`supervisionandappraisalprocesses`				`tolinkwith`
	`organisational,financial`			`andservicesobjectives.Focuson`
	`impactandoutcomes`

		`Unrestricted`	`Restricted`	`Totai`	`Unrestricted`	`Restricted`	`Total`
		`funds`	`funds`		`funds`	`funds`
		`2022`	`2022`	`2022`	`2021`	`2021`	`2021`
	`Notes`	`£`	`£`	`£`	`£`	`£`	`£`
`incomeandendowmentsfrom:`
`Donationsandlegacies`	`3`	`83,920`	`75,199`	`159,119`	`10,221`	`125,872`	`136,093`
`Charitableactivities`	`4`	`350,719`		`350,719`	`4,188`	`3,000`	`7,188`
`Otheractivities`	`5`	`72,509`		`72,509`	`22,363`		`22,363`
`Investments`	`6`	`853`		`853`	`503`		`503`
`Materialotherincome`		`300`		`300`	`810`		`810`
`Otherincome`	`7`	`5,144`		`5,144`	`35`		`35`
`Totalincome`		`513,445`	`75,199`	`588,644`	`38,120`	`128,872`	`166,992`
`Exoenditureon:`
`Raisingfunds`	`8`	`10,935`	`-`	`10,935`	`6,349`	`_`	`6,349`
`Charitableactivities`	`9`	`108,120`	`75,199`	`183,319`	`38,173`	`118,533`	`156,706`
`Materialother`
`expenditure`		`3,366`	`-`	`3,366`	`5,000`	`-`	`5,000`
`Totaiexpenditure`		`122,421`	`75,199`	`197,620`	`49,522`	`118,533`	`168,055`
`Netincoming/(outgoing)`
`resourcesbeforetransfers`		`391,024`		`391,024`	`(11,402)`	`10,339`	`(1,063)`
`Grosstransfersbetween`
`funds`		`19,417`	`(19,417)`	`-`	`-`	`-`	`_`
`Netlncome/(expenditure)for`
`theyear/`
`Netmovementinfunds`		`410,441`	`(19,417)`	`391,024`	`(11,402)`	`10,339`	`(1,063)`
`Fundbalancesat1 April2021`		`86,915`	`24,714`	`111,629`	`99,617`	`7,327`	`112,692`
`Fundbalancesat31March`
`2022`		`497,356`	`5,297`	`502,653`	`86,915`	`24,714`	`111,629`

		`2022`		`2021`
	`Notes`
`Fixedassets`
`Tangibleassets`	`13`		`9,539`		`11,924`
`Currentassets`
`Debtors`	`14`	`856`		`2,476`
`Cashatbankandinhand`		`619,507`		`318,640`
		`620,363`		`321,116`
`Creditors:amountsfallingduewithin`
`oneyear`	`16`	`(6,249)`		`(100,411)`
`Netcurrentassets`			`614,114`		`220,705`
`Totalassetslesscurrentliabilities`			`623,653`		`232,629`
`Provisionsforliabilities`			`(121,000)`		`(121,000)`
`Netassets`			`502,653`		`111,629`
`Incomefunds`
`Restrictedfunds`			`5,297`		`24,714`
`Unrestrictedfunds`
`Designatedfunds`	`20`	`400,000`
`Generalunrestrictedfunds`		`97,356`		`86,915`
			`497,356`		`86,915`
			`502,653`		`111,629`

	`istrlcted`	`Restricted`	`Total`	`Total`
	`funds`	`funds`	`2022`	`2021`
	`£`	`£`	`£`	`£`
`COVID-19Grants`		`5,199`	`5,199`	`71,122`
`Grants`	`57,220`	`50,000`	`107,220`	`6,750`
`Sponsorships`	`-`	`-`	`-`	`13,000`
`Luncheons`	`1,247`	`-`	`1,247`	`680`
`Workshops/other`	`25,453`	`20,000`	`45,453`	`44,541`
	`83,920`	`75,199`	`159,119`	`136,093`
`Fortheyearended31March2021`	`10,221`	`125,872`		`136,093`
`Charitableactivities`
			`2022`	`2021`
			`£`	`£`
`Fundraising`			`762`	`43`
`Donations`			`341,738`
`Othercharitableactivities`			`125`
`Membershipfees`			`8,094`	`7,145`
			`350,719`	`7,188`
`Analysisbyfund`
`Unrestrictedfunds`			`350,719`	`4,188`
`Restrictedfunds`				`3,000`

		`Unrestricted`	`Unrestricted`
		`funds`	`funds`
		`2022`	`2021`
		`£`	`£`
	`Elderlyactivities`		`78`
	`Fundraisingevents`	`44,899`	`15,329`
	`Youthactivities`	`2,948`	`860`
	`Lettingandlicensingarrangements`	`20,652`	`5,644`
	`Otherincome`	`4,010`	`452`
	`Otheractivities`	`72,509`	`22,363`
	`Investments`
		`Unrestricted`	`Unrestricted`
		`funds`	`funds`
		`2022`	`2021`
		`£`	`£`
	`Interestreceivable`	`853`	`503`
	`Otherincome`
		`Unrestricted`	`Unrestricted`
		`funds`	`funds`
		`2022`	`2021`
		`£`	`£`
	`SaleswithinCharitableactivity`	`5,144`	`35`
`8`	`Raisingfunds`
		`Unrestricted`	`Unrestricted`
		`funds`	`funds`
		`2022`	`2021`
		`£`	`£`
	`Fundraisinqandpublicitv`
	`Workshops`	`10,935`	`6,349`
		`10,935`	`6,349`

	`Charitable`	`Charitable`
	`Expenditure`	`Expenditure`
	`2022`	`2021`
	`£`	`£`
`Staffcosts`	`131,791`	`123,919`
`Depreciationandimpairment`	`2,385`	`2,981`
`Elderlyactivities`	`7,750`	`86`
`Luncheons`	`1,645`	`489`
`Youthactivities`	`2,423`
	`145,994`	`127,475`
`Shareofsupportcosts(seenote10)`	`'28,271`	`22,582`
`Shareofgovernancecosts(seenote10)`	`9,054`	`6,649`
	`183,319`	`156,706`
`Analysisbyfund`
`Unrestrictedfunds`	`108,120`	`38,173`
`Restrictedfunds`	`75,199`	`118,533`
	`183,319`	`156,706`

`Supportcosts`
	`Support`	`Governance`	`2022Supportcosts`		`Governance`	`2021`
	`costs`	`costs`			`costs`
	`£`	`£`	`£`	`£`	`£`	`£`
`Staffcosts`	`1,205`	`_`	`1,205`	`540`	`-`	`540`
`Bankcharges`	`281`	`-`	`281`	`(88)`	`-`	`(88)`
`Training`	`912`	`-`	`912`	`-`	`-`	`-`
`Travelling`	`533`	`-`	`533`	`40`	`-`	`40`
`Rates`	`4,659`	`-`	`4,659`	`4,659`	`-`	`4,659`
`Insurance`	`570`	`-`	`570`	`395`	`-`	`395`
`Telecommunications`	`1,000`	`-`	`1,000`	`2,401`	`-`	`2,401`
`Staffrecruitment`	`1,237`	`-`	`1,237`	`174`	`-`	`174`
`Cleaning& maintenance`	`3,233`	`-`	`3,233`	`3,018`	`-`	`3,018`
`ITcosts`	`8,342`	`-`	`8,342`	`5,621`	`-`	`5,621`
`Print,post.& stationery`	`4,972`	`-`	`4,972`	`4,406`	`-`	`4,406`
`Subscription& sundries`	`1,327`	`-`	`1.327`	`1,416`	`-`	`1,416`
`Examiner'sfees`	`_`	`1,500`	`1,500`	`-`	`1,500`	`1,500`
`Accountancy`	`-`	`4,470`	`4,470`	`-`	`3,550`	`3,550`
`Legalandprofessional`	`-`	`3,084`	`3,084`	`-`	`1,599`	`1,599`
	`28,271`	`9,054`	`37,325`	`22,582`	`6,649`	`29,231`
`Analysedbetween`
`Charitableactivities`	`28,271`	`9,054`	`37,325`	`22,582`	`6,649`	`29,231`

	`2022`	`2021`
	`Number`	`Number`
`Employmentcosts`	`2022`	`2021`
	`£`	`£`
`Wagesandsalaries`	`126,024`	`119,073`
`Socialsecuritycosts`	`4,814`	`3,523`
`Otherpensioncosts`	`2,158`	`1,863`
	`132,996`	`124,459`

`13`	`Tangiblefixedassets`
		`Fixtures`	`andfittings`
			`£`
	`Cost`
	`At1 April2021`		`125,578`
	`At31March2022`		`125,578`
	`DepreciationandImpairment`
	`At1 April2021`		`113,654`
	`Depreciationchargedintheyear`		`2,385`
	`At31March2022`		`116,039`
	`Carryingamount`
	`At31March2022`		`9,539`
	`At31March2021`		`11,924`
`14`	`Debtors`
		`2022`	`2021`
	`Amountsfallingduewithinoneyear:`	`£`	`£`
	`Tradedebtors`		`2,476`
	`Wagesdebitbalance`	`856`
		`856`	`2,476`
`15`	`Loansandoverdrafts`
		`2022`	`2021`
		`£`	`£`
	`Bankoverdrafts`	`650`	`345`
	`Pension`	`680`	`312`
		`1,330`	`657`
	`Payablewithinoneyear`	`1,330`	`657`

`16`	`Creditors:amountsfallingduewithinoneyear`
			`2022`	`2021`
		`Notes`	`£`	`£`
	`Bankloans`	`15`	`650`	`345`
	`Otherborrowings`		`680`	`312`
	`Othertaxationandsocialsecurity`		`2,170`	`1.332`
	`Deferredincome`	`18`		`95,672`
	`Tradecreditors`		`1,249`	`1,250`
	`Accrualsanddeferredincome`		`1,500`	`1,500`
			`6,249`	`100,411`
	`Provisionsforliabilities`		`2022`	`2021`
			`£`	`£`
			`71,000`	`71,000`
			`50,000`	`50,000`
			`121,000`	`121,000`
	`Movementsonprovisions:`
				`Total`
		`£`	`£`	`£`
	`At1 April2021and31March2022`	`71,000`	`50,000`	`121,000`
`18`	`DeferredIncome`
			`2022`	`2021`
			`£`	`£`
	`Otherdeferredincome`			`95,672`
	`Deferredincomeisincludedinthefinancialstatementsasfollows:`
			`2022`	`2021`
			`£`	`£`
	`Deferredincomeisincludedwithin:`
	`Currentliabilities`			`95,672`
	`Movementsintheyear:`

`Deferredincome`		`(Continued)`
`Deferredincomeat1 April2021`	`95,672`
`Releasedfrompreviousperiods`	`(95,672)`
`Resourcesdeferredintheyear`		`95,672`
`Deferredincomeat31March2022`		`95,672`

				`Movement`
				`infunds`
				`Incoming`	`Balanceat`	`Transfers`	`Balanceat`
				`resources`	`1April2021`		`31March`
				`£`	`£`	`£`	`20^`
	`PropertyPurchase/Lease/RentReserve`					`400,000`	`400,000`
						`400,000`	`400,000`
`21`	`Analysisofnetassetsbetweenfunds`
		`Unrestricted`	`Restricted`	`Total`	`Unrestricted`	`Restricted`	`Total`
		`funds`	`funds`		`funds`	`funds`
		`2022`	`2022`	`2022`	`2021`	`2021`	`2021`
		`£`	`£`	`£`	`£`	`£`	`£`
	`Fundbalancesat31`
	`March2022are`
	`representedby:`
	`Tangibleassets`	`9,539`		`9,539`	`11,924`		`11,924`
	`Currentassets/(liabi]ities)`	`519,400`	`94,714`	`614,114`	`195,991`	`24,714`	`220,705`
	`Provisions`	`(121,000)`		`(121,000)`	`(121,000)`		`(121,000)`
		`407,939`	`94,714`	`502,653`	`86,915`	`24,714`	`111,629`