2023-03-31-accounts

			~Pa e
Trustees and Other Company		Information
Report ofthe Trustees
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts			8-15

Directors:			L Poon
			YC Chong
			M Tran (Secretary)
			BLee (Treasurer)
			YW Yu (Chair)
			C Mui
			J Farrell (Secretary)
			Z Lieu
			YSuen
Trustees and Management		Committee:	L Poon
			YC Chong
			M Tran (Secretary)
			BLee (Treasurer)
			YW Yu (Chair)
			C Mui
			J Farrell (Secretary)
			Z Lieu
			YSuen
Company	Secretary:		M Tran
			J Farrell
Company	Number:		02287510 (England		8 Wales)
Charity Number:			800142
Registered	Office:		28-32 Ellingfort Road
			Hackney
			London E83PA
Accountants:			Jacquards
			Chartered Accountants
			2 Burton House
			Repton Place
			White Lion Road
			Amersham
			Buckinghamshire	HP7 9LP

rectors who held	office during the	period 1st April 2022 to the date	ofthis report are as follows:
SYeh	- retired on	3rd August 2022
A Jarosy	- retired 20th October 2023
L Poon
Y C Chang
C Pham	- retired on	1st February 2023
M Tran
BLee
J Lau	- retired on	1st February 2023
D Lam	- retired on	1st February 2023
YWYu	- Chair
C Mui
J Farrell	- appointed	1st February 2023 and appointed	joint Secretary on 4th April 2023
Z Lieu	- appointed	1st February 2023
YSuen	- appointed	1st February 2023

		Restricted	Designated	General	Total	Total
	Note	Funds	Funds	Funds	2023	2022
INCOMING RESOURCES
Grants receivable		179,415			179,415	322,286
Voluntary income				23,010	23,010	23,628
Fundraising 8 other income			21,142	75,510	96,652	55,407
Investment income
TOTAL INCOMING RESOURCES		179,415	21,142	98,520	299,077	401,321
RESOURCES EXPENDED
Governance expenditure				99,667	99,667	82,283
Direct charitable expenditure		154,375			154,375	199,532
Fundraising and events costs			3,065		3,065	1,090
Transfer offunds		8,781	11,580	(20,361)
TOTAL RESOURCES EXPENDED		163,156	14,645	79,306	257,107	282,905
NET INCOME/(EXPENDITURE)	FOR YEAR	16,259	6,497	19,214	41,970	118,416
STATEMENT OF OTHER RECOGNISED GAINS		AND LOSSES
		Restricted	Designated	General	Total	Total
	Note	Funds	Funds	Funds	2023	2022
Net movement in funds for the	year	16,259	6,497	19,214	41,970	118,416
Movements in Capital Reserve	14	(38,597)	61,268	(22,671)
Funds brought forward		38,597	211,732	3,555	253,884	135,468
Funds carried forward		16,259	279,497		295,854	253,884

						2023	2022
GRANTS RECEIVABLE
London Borough of Hackney
Advice Services Project						26,014	20,132
Hackney CVS
Elderly Lunch Clubs						35,080	35,080
BAME Hackney Chinese Table	Tennis Club						17,778
Homerton University Hospital	NHS Foundation				Trust
Bi-lingual Health Advocacy							27,778
City 8 Hackney Public Health	- Hackney Giving
Covid-19 Contact Point and Information			Project				13,160
HG Covid Info Small Grant							5,000
London Community Response Fund			- Wave	4	Navigating	Crisis Grant
Mental Health Project							5,920
London Community Respond	Fund -		City of	London Corporation
LCRF W5 ESEA Outreach (Main)							49,889
Paul Hamlyn Foundation
PHF ESEA Outreach (Supplement)							20,000
London Borough of Hackney/	Mind
LBH Mind Mental Health Counselling						7,189	7,189
LBH Mind Mental Health Outreach						24,488	24,488
Department for Levelling Up,	Housing		&Communities
Hong Kong BN(O) Welcome Programme			Regional
VCSE Grant Scheme						28,418	28,418
On Your Side						13,735
The National Lottery Community		Fund.
NLCF Staying Active							10,000
Hackney Giving
HG IT Surgery							3,000
Hackney Giving - Community	Led	Outreach		Grants
HG Vaccination Inequality							5,000

					2023		2022
GRANTS RECEIVABLE - continued
London Borough	of Hackney - Community		Chest
Community Chest	Day Trip						1,000
GLA &Crowdfund	London
OBCH Commercial	Kitchen						48,454
London Borough	of Hackney - Greater	London Authority
Local Hong Kong Welcome Foundation					29,900
Thrive London
Mental Health - Right	to Thrive				7,000
Hackney CVS
Secondment					7,591
					179,415		322,286
VOLUNTARY INCOME
Donations and gifts					23,010		23,628
FUNDRAISING &OTHER INCOME
					2023		2022
				Unrestricted		Unrestricted
		~Desi		nated	General	~Desi nated	General
							F
Membership subscriptions					3,400		2,970
BAME HCTTC						1,549
HCCSA Projects (Fundraising)				21,142		3,273
Self-generated income					72,110		47,615
				21,142	75,510	4,822	50,585

			2023	2022
INVESTMENT INCOME
Interest received on bank account
GOVERNANCE EXPENDITURE
Staff costs			46,821	47,211
Rent, utilities and services			21,054	15,287
Printing, postage and stationery			509	732
Property refurbishment and repairs			2,579	1,738
Accountants' fees			1,200	1,800
Travelling and volunteer expenses			6,630	2,416
Professional fees			11,580	3,600
Depreciation/Capital expenditure			98	210
Impairment offixed asset investment
Other			9,196	9,289
Cross charges to direct charitable	expenditure
			99,667	82,283
DIRECT CHARITABLE EXPENDITURE
Staff costs			97,993	103,637
Other apportioned direct services			56,382	95,895
			154,375	199,532
FUNDRAISING AND EVENTS
	~Desi	naiad	General
Expenditure covered		3,065		1,090
by income
SURPLUS/(DEFICIT) FOR THE YEAR
The surplus/(deficit) of income over expenditure		is stated	after charging:
Depreciation oftangible fixed assets			98	210

10.	FIXEDASSETS	Computer	Computer	Furniture 8	Furniture 8
		~Eui	ment	~Eui	ment	Total
	Cost
	As at 1st April 2022				345	345
	Additions				390	390
	Eliminated
	As at 31st March 2023				735	735
	Depreciation
	As at 1st April 2022				188	188
	Charge for the year				98	98
	Eliminated
	As at 31st March 2023				286	286
	Net BookValue
	As at 31st March 2023				449	449
	As at 31st March 2022				157	157
	FIXEDASSET INVESTMENTS	Listed		Other non-listed
		Investments		Investments		Total
	Cost
	As at 1st April 2022
	1mpairments
	As at 31st March 2023
	Provision for Diminution
	As at 1st April 2022 &31st March 2023
	Net BookValue
	As at 31st March 2023
	As at 31st March 2022

					2023	2022
12.	DEBTORS
	Grants and	funding	receivable		29,760	50,715
	Other debtors				3,676	1,645
					33,436	52,360
	CREDITORS - Amounts			falling due within one year
	Sundry creditors and accruals				16,678	10,361
	Deferred income				9,536
					26,214	10,361
14.	RESTRICTED AND		DESIGNATED FUNDS
	Restricted	Funds:
		Balance	as at	1stApril 2022	38,597	6,222
		Surplus for the year			16,259	38,597
		Transfer	(to)/from reserves		(38,597)	(6,222)
		Balance	as at	31st March 2023	16,259	38,597
	Designated	Funds:
		Balance	as at	1stApril 2022	211,732	687
		Surplus for the year			6,497	3,732
		Transfer	(to)/from reserves		61,268	207,313
		Balance	as at	31st March 2023	279,497	211,732

RESTRICTED AND DESIGNATED FUNDS -continued	RESTRICTED AND DESIGNATED FUNDS -continued	RESTRICTED AND DESIGNATED FUNDS -continued	RESTRICTED AND DESIGNATED FUNDS -continued
				2023	2022
Designated	Reserves comprise the following:
	Crisis Reserves - Transferred from General		Fund
	Reserve for HCCSA continuation	for 6months		(approx. 50%ofGovernance	Expenditure)
	Balance as at 1stApril 2022			38,000
	Transfer (to)/from reserves			15,000	38,000
	Balance as at 31st March 2023			53,000	38,000
	Reserve for HCCSA's obligations	and insolvency		costs
	Balance as at 1stApril 2022			40,000
	Transfer (to)/from reserves				40,000
	Balance as at 31st March 2023			40,000	40,000
	Reserve for OBCH Community	Kitchen
	Balance as at 1stApril 2022			70,000
	Transfer (to)/from reserves			20,000	70,000
	Balance as at 31st March 2023			90,000	70,000
	Reserve for OBCH Extra Furniture, Fixture		and	Equipment
	Balance as at 1stApril 2022			60,000
	Transfer (to)/from reserves			30,000	60,000
	Balance as at 31st March 2023			90,000	60,000
4)	Other designated reserve
	Balance as at 1stApril 2022			3,732	687
	Surplus for the year			6,497	3,732
	Transfer (to)/from reserves			(3,732)	(687)
	Balance as at 31st March 2023			6,497	3,732

				2023	2022
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		9,428	7,071
				18,856	16,499