Charity registration number: 702345
Wirral Chinese Association
Annual Report and Financial Statements for the Year Ended 31 March 2023
Kingham Liverpool Limited Chartered Accountants 3-5 Nelson Street Liverpool L1 5DF
Wirral Chinese Association
Contents
| Reference and Administrative Details | 1to 2 |
|---|---|
| Trustees' Report | 3 to 4 |
| Accountant's Report | 5 |
| Statement of financial activities | 6 |
| Balance Sheet | 7 |
| Notes to the financial statements | 8to 13 |
Reference and Administrative Details
Charity name Wirral Chinese Association Charity registration number 702345 Principal office Kingham Chambers 5 Nelson Street Liverpool L1 5DW Place of Business Wirral Change St Laurence's School St Laurence Drive Birkenhead CH41 3JD Trustees Ms Po Chuen Rita Lee, Chairperson Mr Steve Tam, Treasurer Ms Cathy Soo Chi Chung, Secretary Mr Stanley Chou Mrs Anne Choi Ha Jou Ms Tieu Binh Tien Mrs Czarina Chou Ms Helen Koo Ms Wendy Zhuyun Shen Mr John Y C Yung Mr Yuen Kim Yung Ms Emily Pun
Page 1
Reference and Administrative Details
......... continued Chairperson Ms Po Chuen Rita Lee Accountants Kingham Liverpool Limited 3-5 Nelson Street Liverpool L1 5DF
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W C A
WIRRAL CHINESE ASSOCIATION
Chair’s Report
2022 to 2023
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Since its foundation in 1988 the Wirral Chinese Association has been providing a wide range of valuable services to the Chinese community in Wirral with a particular focus on language and culture. The services aim to promote the health and wellbeing of the community in social, cultural and educational terms. Thanks to the support of our devoted committee members and volunteers, we are proud of all the fruitful and meaningful services and activities that have been delivered successfully in 2022-2023. Our students at the Chinese School not only have a platform for learning the Chinese language but can also enjoy the many extra curriculum activities organised by the school. The following examples highlight the range and quality of activities on offer, and how we connect with the wider community:
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26[th] Jul 2022, a day trip to the Welsh Mountain Zoo was held. All the students and parents loved the Zoo and enjoyed the valuable family time surrounded by beautiful scenery.
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Dec 2022 and Jan 2023, our students actively participated in our greeting cards design competition. The cards were delivered to the elderly in our local BAME community.
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22[nd] Jan 2023, our dancing group was invited to perform in the Liverpool Chinese New Year Celebration in Jan 2023 with a large complement.
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Our students got remarkable results from the national competitions in Chinese calligraphy.
Our Luncheon Club was committed to supporting the elderly in our community through a holistic approach. We not only provided a hot and traditional Chinese meal to the elderly every Tuesday, but we also organised chair-based exercises every week and regular talks on health and community. The Luncheon Club always maintained the highest standards of quality as shown by the 5 star certificate issued by the Food Safety facility.
The Chinese festival celebrations for Chinese New Year, Dragon Boats and Mid-Autumn were the highlights of our year. Through our connections with the local multi-cultural community, we usually had around 120 invited guests to share our happiness and cultural treasures. We also ran a day trip for the elderly to the Anderton Boatlift and Salt Museum on 31st May 2022. They particularly appreciated the opportunity to be outdoors at a time when most of their family members were busy at work and were unable to accompany them for leisure and social activities.
We have continuously been supporting the British National Overseas Special Visa holders and their families in settling down in a “new” country. We have provided them a platform for sharing their views and feelings, and getting the information they need through our network of contacts. We understood how important it was for them to find suitable employment. With funding support from the North West Regional Strategic Migration Partnership, we successfully delivered the project ‘Love to Work in the UK’. The participants came from all over the North West i.e. Liverpool City Region, Manchester and Chester.
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......... continued
Further responding to the needs of our members for a smooth settling down in this ‘new country’, we organised a ‘Volunteers Workshop’ on 26[th] October 2022 which enhanced their understanding of the values and culture of volunteering in the UK. Moreover, in response to strong demand, we have been running an ‘English Corner’ since Jan 2023 till the present. This has helped participants to become more confident in speaking English in their daily life and in using it to reach out to the local community.
Finally, I would like to take this opportunity to thank the contribution of our new Committee members, volunteers, and supporters. We are looking forward to supporting the community in the North West.
Rita Lee Chair of Wirral Chinese Association
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Independent Examiner's Report to the Trustees of Wirral Chinese Association
I report on the accounts of the Trust for the year ended 31 March 2023, which are set out on pages 6 to 12.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Kingham Liverpool Limited Kingham & Co Chartered Accountants
Kingham Chambers 3-5 Nelson Street Liverpool, L1 5DW
Date ….
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Wirral Chinese Association
Statement of Financial Activities for the Year Ended 31 March 2023
| Incoming resources Income and endowments from: Donations and legacies Charitable activities Total incoming resources Resources expended Expenditure on: Raising funds Charitable activities Total resources expended Net income/(expenditure) Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward Note 2 3 4 4 |
Unrestricted Funds £ - 33,511 33,511 - 11,754 11,754 21,757 21,757 53,561 75,318 |
Restricted Funds £ 25,000 - 25,000 - 28,626 28,626 (3,626) (3,626) 3,626 - |
Total Funds 2023 Total Funds 2022 £ £ 25,000 25,000 33,511 37,938 58,511 62,938 - - 40,380 32,935 40,380 32,935 18,131 30,003 18,131 30,003 57,187 27,184 75,318 57,187 |
Total Funds 2023 Total Funds 2022 £ £ 25,000 25,000 33,511 37,938 58,511 62,938 - - 40,380 32,935 40,380 32,935 18,131 30,003 18,131 30,003 57,187 27,184 75,318 57,187 |
|---|---|---|---|---|
| 62,938 | ||||
| - 32,935 |
||||
| 32,935 | ||||
| 30,003 | ||||
| 30,003 | ||||
| 27,184 | ||||
| 57,187 |
All incoming resources and resources expended derive from continuing activities.
The charity has no recognised gains or losses for the year other than the results above.
The notes on pages 8 to 13 form an integral part of these financial statements.
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Wirral Chinese Association
Balance Sheet as at 31 March 2023
| Note Fixed assets Tangible assets 8 Total fixed assets Current assets Cash at bank and in hand Total current assets Creditors: amounts falling due within one year 9 Net current assets/(liabilities) Total assets less current liabilities 12 Funds of the Charity 11 Endowment funds Restricted income funds 11 Unrestricted funds – Non-designated funds 11 Designated funds 11 Total funds |
Unrestricted funds Restricted income funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ - - - - - |
|---|---|
| - - - - - |
|
| 76,518 - - 76,518 57,787 |
|
| 76,518 - - 76,518 57,787 |
|
| 1,200 - - 1,200 600 |
|
| 75,318 - - 75,318 57,187 |
|
| 75,318 - - 75,318 **57,187 ** |
|
| - - - - - - - - - 3,626 25,318 - - 25,318 23,561 50,000 - - 50,000 30,000 |
|
| 75,318 - - 75,318 57,187 |
Approved by the Board on … and signed on its behalf by:
Ms Po Chuen Rita Lee
Chair of WCA
The notes on pages 8 to 13 form an integral part of these financial statements. Page 7
Wirral Chinese Association
Notes to the Financial Statements for the Year Ended 31 March 2023
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP (FRS102))', issued in January 2019, applicable accounting standards and the Charities Act 2011.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Further details of each fund are disclosed in note 11.
Incoming resources
Income derived from events is recognised as earned (that is, as the related goods or services are provided).
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
Fixed assets
Individual fixed assets costing £1,000 or more are initially recorded at cost.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant and machinery 15% Reducing Balance Office equipment 25% Reducing Balance
Operating leases
Rentals payable under operating leases are charged in the statement of financial activities on a straight-line basis over the lease term.
2 Donations and legacies
| Grants | Unrestricted Funds £ - |
Restricted Funds £ 25,000 |
Total Funds 2023 £ 25,000 |
Total Funds 2022 £ 25,000 |
|---|---|---|---|---|
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3 Receipts from charitable activities
| Income and Donations Food Sales 4 Resources expended Direct costs: Cost of goods sold Travel and subsistence Repairs and maintenance Office expenses Printing, posting and stationery Subscriptions and donations Sundry and other costs Accountancy fees Legal and professional costs Depreciation of tangible fixed assets |
Unrestricted Restricted Funds Funds £ £ 27,792 - 5,719 - 33,511 - Luncheon Club WCA General £ £ 2,584 - - - - - - 150 - - - 443 - - - 600 - - - - 2,584 1,193 |
Unrestricted Restricted Funds Funds £ £ 27,792 - 5,719 - 33,511 - Luncheon Club WCA General £ £ 2,584 - - - - - - 150 - - - 443 - - - 600 - - - - 2,584 1,193 |
Restricted Funds £ - - |
Total Funds Total Funds 2023 2022 £ £ 27,792 35,923 5,719 2,015 33,511 37,938 Chinese School Restricted Funds (Lottery Funded Project) Restricted Funds (Cost of Living Project) £ £ £ 5,665 2,627 19,410 89 - - - 12 - 1,420 45 520 263 - - 60 54 70 480 25 - - - - - - - - - - |
|---|---|---|---|---|
| - | ||||
| 2,584 1,193 |
7,977 2,763 20,000 |
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| 4 Resources expended Direct costs Cost of goods sold Travel and subsistence Repairs and maintenance Office expenses Printing, posting and stationery Subscriptions and donations Sundry and other costs Accountancy fees Legal and professional costs Depreciation of tangible fixed assets |
Restricted Funds (COVID Project) Restricted Funds (BNO Project) Total £ £ £ - 4,231 34,517 - 161 250 - - 12 863 435 3,433 - 29 292 - 144 771 - - 505 - - 600 - - - - - - |
|---|---|
| 863 5,000 40,380 |
- 5 Trustees' remuneration and expenses
No trustees received any remuneration during the year.
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6 Net (outgoing)/incoming resources
Net (outgoing)/incoming resources is stated after charging:
| Depreciation of owned assets 7 Employees' remuneration The aggregate payroll costs of these persons were as follows: Wages and salaries |
2023 £ - 2023 £ - |
2022 £ - |
|---|---|---|
| 2022 £ - |
No employee received emoluments of more than £60,000 during the year (2022 – No. 0)
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8 Tangible fixed assets
| Plant and machinery including motor vehicles £ Cost As at 1 April 2022 Disposals As at 31 March 2023 Depreciation As at 1 April 2022 Eliminated on disposal As at 31 March 2023 Net book value As at 31 March 2023 As at 31 March 2022 - - - - - - - - |
Fixtures, fittings and equipment £ - - - - - - - - |
Total £ - - |
|---|---|---|
| - | ||
| - - |
||
| - | ||
| - | ||
| - |
9 Creditors: Amounts falling due within one year
| Other creditors Accruals and deferred income |
2023 £ - 1,200 1,200 |
2022 £ - 600 |
|---|---|---|
| 600 |
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10 Related parties
Controlling entity
The charity is controlled by the trustees.
11 Analysis of funds
| Unrestricted Funds WCA General Luncheon Club Chinese School Designated Property Fund Restricted Funds Coronavirus Projects Cost of Living Projects BNO Projects |
At 1 April Incoming Resources At 31 2022 resources expended Transfers Mar-23 £ £ £ £ 625 11,328 (1,193) (10,000) 760 2,351 6,019 (2,584) - 5,786 20,585 16,164 (7,977) (10,000) 18,772 30,000 - - 20,000 50,000 |
|---|---|
| 53,561 33,511 (11,754) - 75,318 |
|
| 3,626 - (3,626) - - - 20,000 (20,000) - - - 5,000 (5,000) - - |
|
| 3,626 25,000 (28,626) - - |
|
| 57,187 58,511 (40,380) - 75,318 |
12 Net assets by fund
| Tangible assets Current assets Creditors: Amounts falling due within one year Net assets |
Unrestricted Funds £ - 76,518 (1,200) 75,318 |
Restricted Funds £ - - - - |
Total Funds 2023 £ - 76,518 (1,200) 75,318 |
Total Funds 2022 £ - 57,787 (600) 57,187 |
|---|---|---|---|---|
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