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 Page 2 **----- Start of picture text -----**
W C A
WIRRAL CHINESE ASSOCIATION
Chair’s Report
2022 to 2023
**----- End of picture text -----**
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: - 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. - 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. - 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. - 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. Page 3 _......... 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 Page 4 ## **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: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and - 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: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or - (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 …. Page 5 ## **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. Page 6 ## **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| |---|---|---|---|---| Page 8 _......... continued_ ## **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| Page 9 _......... continued_ |**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. Page 10 _......... continued_ ## **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) Page 11 _......... continued_ ## **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| Page 12 _......... continued_ ## **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| |---|---|---|---|---| Page 13