| Trustees' Annual Report |
|
|---|---|
| Independent Examiners Report |
|
| Statement of Financial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 10-15 |
| Notes | Unrestricted | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Income | |||||
| Donations and legacies | 548 | 548 | |||
| Other | 22,370 | 22,370 | 14,000 | ||
| Investment income |
13 | 13 | 548 | ||
| Income from charitable activities |
|||||
| Education and awareness | 18,375 | 18,375 | 16,905 | ||
| Health and poverty reduction |
147,911 | 147,911 | 164,297 | ||
| Total income and endowments | 189,217 | 189,217 | 195,750 | ||
| Expenditure | |||||
| Expenditure on charitable |
activities | ||||
| Education and awareness | 21,214 | 21,214 | 15,263 | ||
| Health and poverty reduction | 219,301 | 219,301 | 191,759 | ||
| Total Charitable Expenditure |
8,9 | 240,515 | 240,515 | 207,022 | |
| Total expenditure | 240,515 | 240,515 | 207,022 | ||
| Net income/(expenditure) | forthe year before transfers | 10 | (51398) | (51,298) | (11,272) |
| Reconciliation offunds |
|||||
| Total funds brought forward | 299,339 | 299,339 | 310,611 | ||
| Total funds carried forward | 14 | 248,041 | 248,041 | 299,339 |
| Unrestricted | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed Assets | |||||
| Tangible assets | 104,937 | 104,937 | 111,085 | ||
| Current Assets | |||||
| Debtors | 12 | 11,069 | 11,069 | 26,477 | |
| Cash at bank and in | hand | 147,337 | 147,337 | 179,101 | |
| 158,406 | 158,406 | 205,578 | |||
| Creditors: Amounts | due within one year | 13 | 15,302 | 15,302 | 17,324 |
| Net current assets | 143,104 | 143,104 | 188,254 | ||
| Net assets | 240.041 | 2 8.041 | 299,339 | ||
| Funds ofthe Charity | 14 | ||||
| Unrestricted | 248,041 | 299,339 | |||
| 248,041 | 299,339 |
| 2. Donations | and | legacies | Unrestricted | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Gifts and donations | 397 | 397 | ||||
| Membership | dues | 151 | 151 | |||
| 548 | 548 | |||||
| Employment | allowance | 4,000 | 4,000 | 4,000 | ||
| Covid grants | 6,470 | 6,470 | 10,000 | |||
| Work Retirement | Retention | (WRR) grants | 11,900 | 11,900 | ||
| 22,370 | 22,370 | 14,000 | ||||
| 3. Investment | income | |||||
| Unrestricted | 2022 | 2021 | ||||
| Bank interest | received | 13 | 548 | |||
| 4. Education | and | Awareness | ||||
| Unrestricted | 2022 | 2021 | ||||
| 6 | 6 | |||||
| Chinese School Project | 18,375 | 18,375 | 16,905 | |||
| Total | 18,375 | 18,375 | 16,905 | |||
| 5. Health and poverty | ||||||
| Unrestricted | 2022 | 2021 | ||||
| Domiciliary Care |
147,911 | 147,911 | 164,297 | |||
| Total | 147,911 | 147,911 | 164,297 |
| 6. Education and A | w | a | reness | |||
|---|---|---|---|---|---|---|
| Unrestricted | 2022 | 2021 | ||||
| Chinese School Project | 21,214 | 21,214 | 15,263 | |||
| 21,214 | 21,214 | 15,263 | ||||
| 7. Health and Poverty | Reduction | |||||
| Unrestricted | 2022 | 2021 | ||||
| Domiciliary Care |
213,942 | 213,942 | 190,304 | |||
| Day Care Services-Old | People's Project | 5,359 | 5,359 | 1,455 | ||
| 219,301 | 219,301 | 191,759 | ||||
| 8. Total Charitable | Expenditure | |||||
| Unrestricted | 2022 | 2021 | ||||
| Direct expenditure | ||||||
| Direct programme | costs | 14,565 | 14,565 | 14,114 | ||
| Direct Staff costs | 176,960 | 176,960 | 168,277 | |||
| Total direct costs | 191,525 | 191,525 | 182,391 | |||
| Support costs (based | on staff time) | |||||
| Support Staff costs | 10,051 | 10,051 | 6,665 | |||
| Premises costs | 26,569 | 26,569 | 3,985 | |||
| Office costs | 7,948 | 7,948 | 9,568 | |||
| Governance costs |
4,421 | 4,421 | 4,413 | |||
| Total support costs | 48,990 | 48,990 | 24,631 | |||
| Total Charitable Expenditure |
240,515 | 240,515 | 207,022 |
| 9. Governance cos | ts | ||||
|---|---|---|---|---|---|
| Unrestricted | 2022 | 2021 | |||
| f | f | f | |||
| Professional fees |
2,000 | 2,000 | 2,000 | ||
| External scrutiny fees | 2,400 | 2,400 | 2,400 | ||
| AGM and sundry expenses | 21 | 21 | 13 | ||
| 4,421 | 4,421 | 4,413 | |||
| 10.Net movement | in funds forthe year | ||||
| Unrestdicted | 2022 | 2021 | |||
| f | f | ||||
| The surplus/(deficit) | for the year is after charging: | ||||
| Depreciation | 6,148 | 6,148 | 2,402 | ||
| External scrutiny fees | 2,400 | 2,400 | 2,400 | ||
| Staff costs-gross salaries and wages | 165,444 | 165,444 | 165,444 | ||
| Social security and | pension costs | 12,743 | 12,743 | 12,743 | |
| Freehold | Plant and | Furniture | |||
| 11.Tangible fixed assets | property | machinery | &fittings | Total | |
| f | f | f | |||
| Cost | |||||
| At 1April 2021 | 159,711 | 13,019 | 10,297 | 183,027 | |
| At31March 2022 | 159,711 | 13,019 | 10,297 | 183,027 | |
| Depreciation | |||||
| At1Ap nil 2021 | 49,494 | 12,645 | 9,803 | 71,942 | |
| Charge for the year | 6,018 | 56 | 74 | 6,148 | |
| At31March 2022 | 55,512 | 12,701 | 9,877 | 78,090 | |
| Net book value | |||||
| At 31March 2022 | 104,199 | 318 | 420 | 104,937 | |
| At 31March 2021 | 110,217 | 374 | 494 | 111,085 |
| 12. Debtors | ||||
|---|---|---|---|---|
| Unrestricted | 2022 | 2021 | ||
| f | f | f | ||
| Trade debtors | 9,540 | 9,540 | 21,944 | |
| Prepayments | 1,529 | 1,529 | 4,533 | |
| 11,069 | 11,069 | 26,477 | ||
| 13.Creditors: amounts | due within one year | |||
| Unrestricted | 2022 | 2021 | ||
| f | f | f | ||
| Trade creditors | 913 | 913 | 10 | |
| Accruals | 5,326 | 5,326 | 4,826 | |
| PAVE and pension | 2,663 | 2,663 | 3,374 | |
| Sundry creditors - Covid | refund due | 6,400 | 6,400 | 6,400 |
| Deferred income - School fees | 2,714 | |||
| 15,302 | 15,302 | 17,324 |
| 14. Movem | ents in reserves |
||||
|---|---|---|---|---|---|
| Balance at | Balance at | ||||
| 1April | Incoming | Outgoing | 31March | ||
| 2021 | resources | resources | 2022 | ||
| Unrestricted | funds | 299,339 | 189,217 | (240,515) | 248,041 |
| Total funds | movements | 299.339 | 109,212 | [240,525) | 240,0 1 |