## ## |Patron|Lady Youde| |---|---| |Trustees|MsCY WYau| ||MrDLee| ||MrID Haworth| |Secretary|MrHY Chan| |Charity number|297742| |Company number|02149909| |Registered offce|2 Leicester Court
London| ||England
WC2H 7DW| |Independent examiner|abacus azure
Chartered Certifed Accountants
85-87 Bayham Street| ||London| ||NW1 OAG| |Bankers|HSBC PIc| ||17GerrardStreet| ||London| ||WIV 8HB| ||TheBank of East AsiaLimited| ||London Branch| ||75ShaftesburyAvenue| ||London| ||W1D 5BB| ||ManchesterBuildingSociety
125 Portland Street| ||Manchester| ||M1 4QD| |Solicitors|Dominic L**e**| ||60-66WardourStreet| ||National House| ||London| ||W1F OTA| ## ## ||Page| |---|---| |Trustees' report|1-3| |Independent examiner's report|4| |Statementof fnancialactivities|5| |Balance sheet|6-7| |Notesto the fnancialstatements|8-17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted||Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| |||funds|funds|||funds|funds|| |||2023|2023||2023|2022|2022|2022| ||Notes||||||£|| |Incomeand endowmentsfrom:
Donationsandlegacies
Charitable activities
4
Other activities
5
Investments
Materialotherincome
Other income
7
22,978
73,421
78,536
2,210
930
1,503|||43,029|. . . . .|66,007
73,421
78,536
2.210
930
1,503|83,920
350,719
72,509
853
300
5,144|75,199
.....|159,119
350,719
72,509
853
300
5,144| |Total income||179,578|43,029||222,607|513,445|75,199|588,644| |Expenditure on:
Raising funds|8|7,061|4,303||11,364|10,935||10,935| |Charitable activities|9|173,322|38,726||212,048|108,120|75,199|183,319| |Material other||||||||| |expenditure||12,791|||12,791|3,366||3,366| |Total expenditure||193,174|43,029||236,203|122,421|75,199|197,620| |Grosstransfersbetween||||||||| |funds
Net (expenditure)/income for||||||19,417|(19,417)|| |the year/||||||||| |Net movement in funds||(13,596)|||(13,596)|410,441|(19,417)|391,024| |Fundbalances at 1 April|2022|497,356|5,297||502,653|86,915|24,714|111,629| |Fund balances at 31 March||||||||| |2023||483,760|5,297||489,057|497,356|5,297|502,653| ## ## ## |||2023||2022|| |---|---|---|---|---|---| ||Notes||||| |Fixed assets|||||| |Tangible assets|13||8,610||9,539| |Current assets|||||| |Debtors
Cash at bank and in hand|14|608,152||856
619,507|| |||608,152||620,363|| |Creditors:amounts falling duewithin
one year|9 L|(6,705)||(6,249)|| |Net current assets|||601,447||614,114| |Totalassets less currentliabilities|||610,057||623,653| |Provisions for liabilities|||(121,000)||(121,000)| |Net assets|||489,057||502,653| |Income funds|||||| |Restricted funds|||5,297||5,297| |Unrestricted funds|||||| |Designated funds
General unrestricted funds|19|400,000
83,760||400,000
97,356|| ||||483,760||497,356| ||||489,057||502,653| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations and legacies||||| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||funds|funds|2023|2022| |COVID-19 Grants
Grants
Luncheons
Workshops/ other|13,461
9,517|36,029
7.000|36,029
13,461
16,517|5,199
107,220
1,247
45,453| ||22,978|43,029|66,007|159,119| |Forthe year ended 31 March2022|83,920|75,199||159,119| ## ||2023|**2**0| |---|---|---| |Fundraising
Donations
Other charitable activities|21,569
47,301
363|762
341,738125| |Membership fees|4,188|8,094| ||73,421|350,719| |Other activities||| |---|---|---| ||Unrestricted|Unrestricted| ||funds
8w
m|funds
2022| |Fundraising events
Youth activities
Lettingand licensingarrangements
Other income|10,893
45,952
17,494|12,898
20,652
4,010| |Other activities|78,536|72,509| ## ## |6|Investments||||| |---|---|---|---|---|---| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2023|2022| ||Interest receivable|||2,210|853| |7|Otherincome||||| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2023|2022| ||||||£| ||Sales within Charitable activity|||1,503|5,144| |8|Raising funds||||| |||Unrestricted|Restricted|Total|Unrestricted| |||funds|funds||funds| |||2023|2023|2023|2022| |||£|||| ||Fundraising and publicity
Workshops|7,061|4,303|11,364|10,935| |||7,061|4,303|11,364|10,935| ## ## ## |Charitable activities||| |---|---|---| ||Charitable|Charitable| ||Expenditure|Expenditure| ||2023|2022| |Staff costs
Depreciationandimpairment
Elderly activities
Luncheons
Youth activities|12.009
5,667
9,724
1,729|131,385
11 5 50
2,423| ||180, 156|145,994| |Shareof support costs (see note10)
Share of governance costs (see note 10)|2,845|28,271
9,054| ||212,048|183,319| |Analysis by fund
Unrestricted funds
Restricted funds|173,322
38,726|108,120
75,199| ||212,048|183,319| ## ## |10|Support costs|Support
costs|Governance
costs|2023|Support costs|Governance
costs|2022| |---|---|---|---|---|---|---|---| ||Staff costs
Bankcharges
Training
Trave**l**ing
Rates
Insurance
Telecommunications
Staff recruitment
Cleaning&maintenance
IT costs
Print. post. & stationery
Subscription&sundries|999
628
614
2,766
4,659
1.559
152
2,698
9,047
2,671
752||999
628
614
2,766
4,659
1,559
152
2,698
9,047
2,671752|1,205
281
912
533
4,659
570
1,000
1,237
3,233
8,342
4,972
1,327|1 . . . . '|1,205
281
912
533
4,659
570
1,000
1,237
3,233
8,342
4,972
1,327| ||Examiner's fees
Accountancy
Legalandprofessional|:
-|1,500
3,280
567|1,500
3,280
567||3,084|1,500
4,470
3,084| |||26,545|5,347|31,892|28,271|9,054|37,325| ||Analysed between
Charitable activities|26,545|5,347|31,892|28,271|9,054|37,325| ## ## |Employees
Theaverage monthly number employees during the|yearwas:|| |---|---|---| ||2023|2022| ||Number|Number| ||7|7| |Employment costs|2023|20**2**| |Wages and salaries
Socialsecuritycosts
Other pension costs|147,080
12,182
2,736|126,024
4,814
2,158| ||161,998|132,996| ## ## |13|Tangible fxedassets|Fixtures|a**n**d
futigs| |---|---|---|---| ||Cost||| ||At1 April2022
Additions||125,578
1,107| ||At 31 March 2023||126,685| ||Depreciationandimpairment
At1 April2022
Depreciationcharged in theyear||116,038
2,037| ||At 31 March 2023||118,075| ||Carrying amount||| ||At31 March2023||8,610| ||At31 March2022||9,539| |14|Debtors||| |||2023|2022| ||Amountsfalling due within oneyear:||| ||Wages debit balance||856| |15|Loans andoverdrafts||| |||2023|2022| ||Bank overdrafts|191|650| ||Pension|-|680| |||191|1,330| ||Payablewithin oneyear|191|1,330| ## ## ## |16|Creditors: amounts falling due within oneyear|||| |---|---|---|---|---| ||||2023|2022| |||Notes||| ||Bank loans|15|191|650| ||Other borrowings
Othertaxation and socialsecurity
Trade creditors
Accrualsand deferredincome||2512
2,502
1,500|680
2,1701,500| ||||6,705|6,249| ||Provisions for liabilities||2023|2022| ||||71,000
50,000|71,000
50,000| ||||121,000|121,000| ||Movements on provisions:|||| |||||Total| ||At 1 April 2022 and 31 March 2023|71,000|50,000|121,000| |18|Retirement beneft schemes|||| ## ## |
unrestrictedfunds by the trustees for specifcpurp|
oses:|||| |---|---|---|---|---| ||||Movement|| ||||in funds|| ||Transfers|Balance at
1April2022|Incoming
resources|Balance at
31 March
**2**0⅖| |Property Purchase/Lease/Rent Reserve|400,000|400,000||400,000| ||400,000|400,000||400,000| ## ## |Analysisof net assets betweenfunds
Unrestricted|Analysisof net assets betweenfunds
Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---| ||funds|funds||funds|funds|| ||2023|2023|2023|2022|2022|2022| ||||£|£||£| |Fund balances at 31||||||| |March2023are||||||| |represented by:
Tangible assets
Current assets/(liabilities)
Provisions|8,610
196,150
(121,000)|5,297|8,610
601,447
(121,000)|9,539
519,400
(121,000)|94,714|9,539
614, 114
(121,000)| ||83,760|5,297|489,057|407,939|94,714|502,653| ##