2022-03-31-accounts - Hackney Chinese Community Services Association Limited

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rectors who held	office during th	e period 1stApril 2021 to the date ofthis report	are	as follows:
LFMan	- resigned	on 27th October 2021
SYeh	- resigned	on 26th October 2021,co-opted on 3rd November		2021 and resigned
	on 3rd August 2022
	-joint Secretary since 3rd November 2021 and resigned		on 3rd August 2022
J Chan	-resigned	on 27th October 2021
A Jarosy
LPoon
YC Chong	-resigned	as Secretary on 3rd November 2021 and Chair since 3rd November
	2021
KQiao	—resigned	on 27th October 2021
C Pham	-resigned	on 27th October 2021 and co-opted on 3rd November 2021
M Lam	-resigned	on 27th October 2021
M Tran	-co-opted on 14th April 2021 and Secretary since 3rd November 2021
BLee	-elected	in AGM on 27th October 2021 (Treasurer since	3rd	November 2021)
J Lau	-elected	in AGM on 27th October 2021
D Lam	-elected	in AGM on 27th October 2021
YWYu	-elected	in AGM on 27th October 2021
C Mui	-elected	in AGM on 27th October 2021

			Restricted	Designated	General	Total	Total
			~Fnds	Funds	~unds	2022	2021
INCOMING RESOURCES
Grants receivable			322,286			322,286	172,432
Voluntary income					23,628	23,628	17,328
Fundraising &other income				4,822	50,585	55,407	6,871
Investment Income
TOTAL INCOMING RESOURCES			322,286	4,822	74,213	401,321	196,631
RESOURCES EXPENDED
Governance expenditure					82,283	82,283	18,265
Direct charitable expenditure			199,532			199,532	111,322
Fundraising and events costs				1,090		1,090	1,976
Transfer offunds			84,157		(84,157)
TOTAL RESOURCES EXPENDED			283,689	1,090	(1,874)	282,905	131,563
NET INCOME/(EXPENDITURE)		FOR YEAR	38,597	3,732	76,087	118,416	65,068
TA ENT OF0 E	ECOGNISED GAINS		AND LOSSES
			Restricted	Designated	General	Total	Total
		Note	Funds	~n	Funds	~222	2021
Net movement In funds for the		year	38,597	3,732	76,087	118,416	65,068
Movements in Capital Reserve		14	(6,222)	207,313	(201,091)
Funds brought forward			6,222		128,559	135,468	70,400
Funds cerned forward			38,597	211,732	3,555	253,884	135,468

						2022	2021
GRANTS RECEIVABLE
London Borough ofHackney
Advice Services Project						20,132	20,132
Hackney CVS
Elderly Lunch Clubs						35,080	35,080
BAME Hackney Chinese Table	Tennis Club					17,778	27,086
Homerton University Hospital	NHS Foundation				Trust
Bi-lingual Health Advocacy						27,778	27,777
City &Hackney Public Health	- Hackney Giving
Covid-19 Contact Point and Information			Project			13,160	5,640
HG Covid Info Small Grant						5,000
London Community Response Fund			- Wave	4 Navigating		Crisis Grant
Mental Health Project						5,920	e,ooo
London Community Respond	Fund -		City of	London Corporation
LCRF W5 ESEAOutreach (Main)						49,889
Paul Hamlyn Foundation
PHF ESEAOutreach (Supplement)						20,000
London Borough ofHackney/	Mind
LBH Mind Mental Health Counselling						7,189
LBH Mind Mental Health Outreach						24,4ee
Department for Levelling Up,	Housing		&Communities
Hong Kong BN(O) Welcome Programme			Regional
VCSE Grant Scheme 2021						28,418
The National Lottery Community		Fund.
NLCF Staying Active						10,000
Hackney Giving
HG ITSurgery						3,000
Hackney Giving - Community	Led	Outreach		Grants
HG Vaccination Inequality						5,000

							2022		2021
GRANTS RECEIVABLE - continued
London Borough ofHackney -			Community			Chest
Community Chest Day Trip							1,000
GLA 8 Crowdfund London
OBCH Commercial Kitchen							48,454
National Lottery Community		Fund & H		M	Government
-Coronavirus Community Support Fund
East and Southeast Asian Outreach			Project						35,367
The Fore - RAFT Fund
Racial Awareness Project									5,000
Coronavirus Response Fund	- Hackney Giving
Digital Inclusion Project									3,000
GLA-Community Conversation		Grant
GLA-Community Conversation	Project								350
National Lottery &London	Community			Response Fund
Confronting Covid-Related Hate		Project							5,000
							322,286		172,432
VOLUNTARY INCOINE
Donations and gifts							23,628		17,328
FUNDRAISING &OTHER INCOME
							2022	2il2
						Unrestricted		Unrestricted
					Desiggg+		~Global	~Desi ected
							F
Membership subscriptions							2,970		1,200
BAME HCTTC						1,549		687
HCCSA Projects (Fundraising)						3,273			1,976
Self-generated income							47,615		3,008
						4,822	50,585	687	6,184

			2022	2021
INVESTMENT INCOME
Interest received on bank account
GOVERNANCE EXPENDITURE
Staff costs			47,211	42,090
Rent, utilities and services			15,287	9,997
Printing, postage and stationery			732
Property refurbishment and repairs			1,738	817
Accountants' fees			1,800	1,816
Travelling and volunteer expenses			2,416	195
Professional fees			3,600
Depreciation/Capital expenditure			210	174
Impairment offixed asset investment
Other			9,289	4,355
Cross charges to direct charitable	expenditure			(41,179)
			82,283	18,265
DIRECT CHARITABLE EXPENDITURE
Staff costs			103,637	54,888
Other apportioned direct services			95,895	56,434
			199,532	111,322
FUNDRAISING AND EVENTS
	Qg~lna~ed f		~Generf
Events expenditure covered		1,090		1,976
by self-generated income
SURPLUS/(DEFICIT) FOR THE YEAR
The surplus/(deficit) ofincome over expenditure		is stated	after charging:
Depreciation oftangible fixed assets			210	174

					2022	2021
12.	DEBTORS
	Grants and	funding	receivable		50,715	41,944
	Other debtors				1,645	1,233
					52,360	43,177
13.	CREDITORS - Amounts			falling due within one year
	Sundry creditors and accruals				10,361	12,085
	Deferred income					48,454
					10,361	60,539
14.	RESTRICTED AND		DESIGNATED FUNDS
	Restricted	Funds:
		Balance	as at	1st April 2021	6,222	1,555
		Surplus for the year			38,597	6,222
		Transfer	(to)/from reserves		(6,222)	(1,555)
		Balance	as at	31st March 2022	38,597	6,222
	Designated	Funds:
		Balance	as at	1stApril 2021	687	432
		Surplus for the year			3,732	687
		Transfer	(to)/from reserves		207,313	(432)
		Balance	as at	31st March 2022	211,732

RESTRICTED AND	RESTRICTED AND	DESIGNATED FUNDS -	DESIGNATED FUNDS -	continued
					gg22
Designated	Reserves comprise the following:
	Crisis Reserves - Transferred from			General Fund
	Reserve	for HCCSA continuatlon	for 6months (approx. 50%ofGovernance			Expenditure)
	Balance	as at 1st April 2021
	Transfer	(to)/from reserves			38,000
	Balance	as at 31stMarch 2022			38,000
	Reserve	for HCCSA's obligations	and Insolvency		costs
	Balance	as at 1st April 2021
	Transfer	(to)/from reserves			40,000
	Balance	as at 31stMarch 2022			40,000
2)	Reserve	for OBCH Community	Kitchen
	Balance	as at 1stApril 2021
	Transfer	(to)/from reserves			70,000
	Balance	as at 31stMarch 2022			70,000
3)	Reserve	for OBCH Extra Furniture,		Fixture and Equipment
	Balance	as at 1stApril 2021
	Transfer	(to)/from reserves			60,000
	Balance	as at 31stMarch 2022			60,000
4)	Other designated reserve
	Balance	as at 1st April 2021			687	432
	Surplus for the year				3,732	687
	Transfer	(to)/from reserves			(687)	(432)
	Balance	as at 31stMarch 2022			3,732	687

				2022	2021
15.	OPERATING	LEASE COMMITMENTS
	The following	operating lease payments	are committed	to be paid under non-cancellable	leases:
	Within one year			9,428	9,428
	Between two	and five years		7,071	2,540
				16,499	11,968