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||||~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||
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|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||
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|||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|
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|||||||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|
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