CHARTfY NUMBER 700676
NEWCASTLE UPON TYNE CHINESE
CHRISTIAN CHURCH
FINANCIAL STATEMErirs
05 Aprll 2023

NEWCAsfLE UPON TYNE CHINESE
CHRISTIAN CHURCH
Contents
year ended 05 Aprll 2023
Pages
Legal & Admlnistradve Detalls
Trustees Annual Report
2to4
Independent Examiners Report
Unaudlted Statement of Fina￿tal Activltles
Unaudited Balan￿ sheet
Notes to the Financial Statements
8t09

Christine Chan (Christina Ting Ying Chan) - Chair Michael Fong (Wai Keung Fong) - Secretary So Mui Leung - Treasurer Lam Yeung Ho Anita Chung (Mei Ping Anita Chung) Simon Ho (Ng Yau Ho) Rui Ling Xie 



Christine Chan (Christina Ting Ying Chan) Michael Fong (Wai Keung Fong) So Mui Leung Anita Chung (Mei Ping Anita Chung) Simon Ho (Ng Yau Ho) Rui Ling Xie 



NEWCAsfLE UPON TYNE CHINESE
CHRISTIAN CHURCH
TRUSTEES ANNUAL REPORT (continued)
year ended 5 Aprfl 2023
Reserve Policy
General purpose fund - the poliry of the charity is to keep a minlmum fund levd equlvalent to 6
months overhead costs for any unexpected ￿ents. The board has al￿ agreed to transfer part of the
fund to the New Church Fadlitles Fund rf the target amount cannot be achieved by the time of
buildlng completion. the exart amount is to be deoded by the tx)ard.
Publlc Benefrt statement
The trustees have had regard to the Charities Commisslcffi's guidance on thelr legal duty on public
benefft, and are satisfied that the char5ty delivers puNlc benefit, and due regard is paid to the
guidance on public benefft when deciding on what new projects the tharity should undertake
Plans for future perlods
We will cary on provldlr¥J training and development prcrfjrams such as Christlanity explored groups or
meetings to encourage members and the r￿xt generatK)n to further their studies in the Bible and
related subjects.
In addltlon we plan on contlnulr•J to serve the next generations by holding summer Bible classes
durlng the summer terni. We a￿ IwkirHJ fon¥ard to promding various services and support for the
Chrfstlanlty frdith to grow and streTrJthen in the futu￿.
Although we have an ongoing di5PUte with FINlley Roofirvj wth regards to building and roof work, the
legal fees incurred by addttional costs have snce teen covered by the insurance pollcy. However the
left over work has been completed by anther rcofing company which has incurred additional costs.
Thankfully the lawsult has progressed arKI $c￿n we will come to a settlemgrt with findley under legal
advlce seeking compensation.
Last but Th)t least, we ￿11 continue to hold meetings to discuss with the trustees of the thurch ways
forward in maintsln church life. Most Importantly as a thurch we will constandy rely on G￿l'S grace
and guidance as our aim remains drawing people to the service and ministry of the Lord God, which
enhan￿ and benefit the c¢)mmunlty sharirvj the same faith on every possible occaslon accorinf to
8iblical ￿ewS and teachirKJs.

NEWCAsfLE UPON TYNE CHINESE
CHiusfiAN CHURCH
TRUSTEES ANNUAL REPORT (contlnued)
year ended 5 Aprll 2023
Trusteu, Responsibilitles
The Charities Att 2011 r￿UIreS the trustees to keep proper bc¥Jks of account with restEtt of the
affairs of the charity, and to prepare ststements of acccunt for each acc(KJnting year consisting of
ststement of Financial Adimties and a Balan￿ SheeL The trustees are also responsible for
safeguarding the charivs assets, and hence for taking reasonable steps for the preventlon and
detecknon of error, fraud and other irreguLAri
In preparing the accounts the trustees Committee are exFeCted to:
Selett suitable accounting wllcies and apply them consistendy;
Make judgments and estimates that are reaSona￿e and prudert;
Follow the recommendations of the Charity Commission and of the accounting profession wlth
regard to form and content of the accounts or to disdose and explain any departures
therefrom. and
Prepare tlie accounts on the goirwJ con￿rn basis unless it is inappropriate to assume that the
charty wlll be able tr) continue to meet its objectives.
Considered the charity commisgon's guidan￿ on public benefft.
Approved by the Management Committee on
by:
2023 and signed on Its behalf
Christine Chan
Chair

INDEPENDEKf EXAMINER'S REPORT TO THE MEMBERS OF
NEWCAsfLE UPON TYNE CHINESE
CHRIMAN CHURCH
year ended 5 Aprfl 2023
I report on the accounts of the d￿rity for the year ended 5 Awil 2023
Respective responslbllltles of trnstees and examiner
The trustees are responstble for the preparation of the accounts. The trust&s c￿S￿der that an audlt
is not required for thi5 year under section 144(2) of the Charltles Act 2011 (the 2011 Act) and that an
independent examination is needed.
Having satlsfied myself that the company is not subject to audit under company law and Is el6glble for
independent examination, it is my responslbility to:
examine the accounts under secti¢)n 145 of the 2011 Act;
to follow the procedures laid down In the general Dir￿￿(￿5 given by the Charfty Commission
under section 145(5)(b) of the 2011 Act; and
to sL*e whether particular matters have come to my attention.
Basls of Independent examlner's report
My examination was carried out in accordan￿ wlth the general tirections given by the Charity
Commission. An examination indudes a remew of the accounting ￿ordS kept by the company and a
comparison rf the accounts presented with thc6e re￿ords. It al￿ indudes consideration of any
unusual items or disdosures in the accounts, and seeking explanations from you as trustees
concerning any gjch matters. The procedures undertaken do not provide all the evidence that would
be require(5 In an audit and consequenuy no opinion Is given as to whether the accounts present a
'true and fair view, and the reFQrt is limited to those matters set (￿rt in Its ststement below.
Independent examiner's ststement
In connecknon with my examination, ￿ matter has come to my attention:
(l) which gives rne reasonable cause to believe that in any material respect the requirements:
• to keep accounting records In accordance with section 386 of the Companies Act 2(K)6; and
. to prepare accounts which accord with the acci)unting records, comFdy with the accounting
requirements of section 396 of the Companies Act 2006 and with methcKJs and principles of
the Ststement of Recommended Pra(lice: AccountiThJ Re￿rting by CharÈt6es
have not been met; or
7(2) to which, in my opinion, attention should be dravln in order to enable a proper understsnding of
theac
unts to be reached.
Paul Newbold BA KA
Independent examlner
7 Grange Road West
Jarrow
NE32 3JA
Date....

NEWCAsfLE UPON TYNE CHINESE
CHRisfiAN CHURCH
UNAUDrrED sfATEMENT OF FINANCIAL AcrivrrIES
year ended 5 April 2023
2023
Gwol FWNJ P￿j￿tYj Po(f FLWMI
2022
Tcrtal
Incofftry Resourc88
Suw offwings & IhanksgiliTrJ
&ft￿d
Clwrch Facihties
Parknro Pwnits
Cthrwnt I￿0￿
rxlry Dcrations
In%eslm&rt Ir￿0
20,075
19,678
46.127
23.935
26,275
12
180,
R¢¥¢wrces ex￿nded
Pastr)r eyrAnses etc
Church MiFMSter & Assisl*rt S*ries
Speakers
PrintirKJ, Postage & Slalicywy
AccOun￿cY
Refreshm&ts & CaterirvJ
ParkiTrJ Pwnits
1289
3.023
87.654
7X)
675
795
1¥2
1701
4.187
375
Ethlri¢ty, Gas & Wakr
Inwrance
Ce￿eS
lfjt¢hen & TC4￿
VoinIena￿e & BuikSng I￿pro￿￿8
C￿nn9
Depreciatic
CCPAS Disck)sure
SuThJry Ewses
Donati)ns
Bank Charges
2.701
4.187
375
4,715
357
418
418
4,*2
15.9]5
129
1752
129
12.￿17
1 S,￿•
129
150
15)
129,
Tr￿sfer
SurpWIt)efictt)
44,291
g).913

NEWCAsfLE UPON TYNE CHINESE
CHRISTIAN CHURCH
UNAUDITED BALANCE SHEEr
2023
2022
Not•
Flxed Isgèts
TarKJiblè
513.084
524.846
Currnnt As8•ts
12.624
122.325
11.718
67.303
Cash at Bank
Current Llabllltles
32,950
33.075
Currerrt A£setsl{Liatylties}
1W2.0
45,948
Represented by
General Purpose Fu￿1
Restricted FU￿15 - Po*Jf FurvJ
Rfjstricted Funds - BLikJing Fund
97,893
2.607
514.584
50.716
2,601
615.ce4
570.794
570,794
Chairwoman
ui Leuk75
Treasurer
Date
/1 Zo23

NEWCASTLE UPON TYNE CHINESE
CHRISTIAN CHURCH
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS
year ended 5 Aprll 2023
Accountlng Pollcles
a Basls of accountlng
The financial statements have been pwared fft ￿COrdan￿ with AccryJntiThJ aTrJ ReF￿￿ll9 by Cha￿￿e$.
Statement of Recommended Prncbce ap￿￿Kable to charities weparing their accounts in accordance
the Financkil Reportin9 5tsndard Financial Rer(rting Stsndard in the UK and Republ￿ of
Ireland (FRS 102) (effecbve l January 2015} - (a)3T￿e5 SORP IFRS 102)). the Financial Reporting
Standard aFWicabk In the UK and RqNJblK of Ireland (FRS 102) and the Companles Act 2(KJ6.
b Fund accountlng
UnrestrKted funds are availalle fry w at the rfLSuetw of the trust￿ In furtherntKe of the general
objectNes of the charity.
t*signated funds are Unrestric￿ fuTrts earmarked by the trustee5 particular purF<)ses.
Restrrted funtls a￿ subjected to reStr￿on5 cffi thar e>penditure imFosed by the ¢knor or t￿OUgh the
tems of an apr*al.
¢ Incoming r¢sources
All incoming resources are induded in the statement of financial actiwties when the charfty Is
entitied to the income arKI the amount can be quantified with reasonable accuracy.
Rewurces expended
Expenditure is recognised on an accruab basis as a liability is incurred. Expenditure Includes
VAT which can￿t be fulty recovered, and is ￿P￿ted as part of the expenditure to which it
relates
e Fixed assets
l fixed assets are initialty recorded at C05t.
Cepreciation:_
Depreciation is calculated so as to wiite ¢)ff the cost of an asset, less its estimated residual
value, over the useful economic life of that asset as follows:
ilding Conversion
xtures & Frttings
Equipment
2% Straight Line
20% Written tknin Value
20% Wrrtten Down Value

NEWCAsfLE UPON TYNE CHINESE
CHRISllAN CHURCH
NOTES TO THE UNAUDITED FINANCIAL sfATEMErirs
year ended 5 Aprll 2023
2. Tanglble Flxed Assets
Buihling
Fi>knres
Con*rs1￿ EquipnEnl & Fittings
Cost or 401uati(￿.
Cpening
Additions
Disposals
627.057
3.288
34.250
3.W2 664,989
3,597
Cbsing
6S).345
34,559
3.682 668,
Dweciat￿n.
C￿nIng
Promsion for the year
Disposals
115,e64
12.607
20.929
2.726
140,143
15,360
Ck)sing
128.271
23.655
3.576
t t£*)k Wal￿.
2023
S)2.074
10.904
105
513.082
2022
511 393
13.321
132
524,846
Debtors
2023
12,624
2022
11,718
Tax relief on Gift Aid Income
Credltors: amounts falling due within one year
2023
2022
Other Crditors
Accruals
32,200
750
32,400
675

NEWCAsfLE UPON TYNE CHINESE
CHRISTIAN CHURCH
NOTES TO THE UNAUDITED FINANCIAL STATEMErirs
year ended 5 Aprfl 2023
Movement in funds
At6th
April
Incoming
2022 resources
Transfers
Resources between
expended
funds
At 5th
April
2023
General purpose furnl
Poor Fund
Building Fund
Totsl
50,716
2,￿1
140,167
2,346
714
92,989
2,340
12
97,893
2,607
14
Purpose of Each Fund
General Purpose Fund
The General PurFose Fund is held in line with the committee's ￿lIcY of keepiThJ a minimum fund level
equivalent to 6 months overhead costs in hand.
The Poor Fund has been established by the committee to provide support for those liwng in poverty In
the North East and will be expended accordiNJly in due course.
Amounts held in the building fund represent the book value of the churth's buikling ak)ng with a
reserve to allow any future building improvements to be carrEd OUL
6 Analys1$ of Net Ass&s Between Funds
Tangible Net current
fixed assets
Assets
Total
Building Fund
General Purwjse Fund
Poor Fund
502,074
I1,￿9
12,509
86,885
2,607
102,001
102,001
514,584
97,893
2,607
615,084
615,084
513,082
Total Funds
513,082