Chinese Language School N.I. (A Company Ilm5ted by guarantee and not havlng a share capltal) Report of the Trustees For the year ended 31 August 2022 The Dlrertors present their report and the unaudited financlal statements of the charity for the year ended 31 August 2022. Referen¢¢ and admlnlstratlve detalls Reference and admlnistrative details are Shown In the schedule of members of the board and professional adv55er5 on page l of the flnancial statements. Structure, governance and management The d1CtorS of the charitable company are its trustees for the purpose of the company law and throughout this port are collettively ferred to as trustees. Governlng document The or9anlsation 15 a charitable companyi limited by guarantee, governed by Its Memorandum and Artlcles of Association, which Is recogni5ed a5 a charity by HM revenue and Customs. Recrultment. appolntmen( InductloTr and tralnlng Most of the Psent tnJsrees have been Involved in the charity for a number of years and so are famlllar wlth Its work. The trustees regularly review the requlrements of the charity and the possibility of a need for additlonal trustees. Any new trustees would be appointed by re501ution of a meeting of all the trustees passed by a majority of those present. Appropriate training and induction is available to all trustees. Or9anlsatlon structu The board of dlrertors meet on a regular basi5 to review all asperts of the charity. Rlsk management The trustees have assessed the major risks to which the charity 15 exp05ed, In particular those related to the operatlons and finance5 of the charity, and are 5at15fied that systems a in place to mitlgate any exposure to major risks. Where appropriate. sY5tem5 or procedures have been establlshed to mitigate the rtsks the charity faces. Internal control ri5k5 are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance wlth health and safety of staff. volvnteers. clients and vlsltors to the organisation. These procedu$ are periodically reviewed at least annually to ensure that they contlnue ro meet the needs of the charity. Objectlve and actlvitles The objertive and principal attivities of the company a. (l) to provide an opportunity for chlldren from the local Chlnese Community to team and study the Chinese Language. Chlldren from Local ènd other communities are welcome. (2) to develop the Chinese Language into a unlversal language, and (3) to promote Chinese Culture and education. Volunteers The charity 15 grateful for the un-stlnting efforts of its volunteers who are Involved In Serv15 provlslon arid fund- raising. Aehlevements and performance Total incoming resources for the year were £54.734 (2021: £43,458). Total resources expended for the year amounted to £54.788 (2021.. £37.525). The net deficit for the year amounted to £53 (2021 5uplus'. £5.933). The Trustees consider that the charity is in a satisfartory position to cary on its charitable activities. Reserve pollcy It is the policy of the Charfty to rnalntsin free reserves whlch matche5 the needs of the trust, both at the current tlme and in the forseeable future. This provides Sufficient fiJnd5 to cover running costs which Include rnanagement, administration and supporr costs. Free reserves are those unStrftted reserves not deslgnated or Invested in fixed assets which are available for general use. 9•2
Chlnese Language School N.I. (A Company Ilrnited by guarantee and not having a share eapital) Report of the Trustees For the year ended 31 August 2022 Funding The principal funding Is from tuition lees and graf•ts. A Ilst of these can be found in notes 2 to 3 on page 9. In The Trustee5 who helLS office at the date of approval of thi5 trustee$, report conllrm that, so far as they a each aware, there 15 no relevant Informatlon of whlch the Charltable Company's Independent Exaffllner Is unaware. and ejch Trustee has taken all the Steps they ought to have taken as a trustee to make themselves aware of any retevant atcDuntill9 Informatioh and to establish thai ihe Charilal¢ Company s independent examlner are aware of that Information. statement of Trustees. Resptsnsibiliti¢s Law appllcable to in¢orporate(6 charltle5 In Northem Iretand requires thè Trustees to prepare flnancial staternents for each financial year whlch glve a true and falr vlew of the financial activities of the charity and of its financial position at the end of that year. In preparin9 those financial statements. the Trustees ao required to.. { 1) selert sultable accountlng pollcles and the apply them cons15tentty; (Z) make Judgements and estlmotes that arE reasonable and prudent; (3) state whether appllcable accountin9 Standards have been lollowed subject to any departures disclosed and explalned In the flnonclal statements.. and (4) Qpare the flnanclal statements on the 9o•ng concern basls unless It Is Inapproprlate to pre5vme that the charity will continue in operatloD. to enable them to ensure that the fiftanclal statements comply with the Companies Art 2006. They are also re5pon5ible for safe9uardin9 the assets of the charity and hence for tsklng reasonable steps for the prevention and detection of fraud and ¢xher IgulartIes. The trustees have overall responslbillty for ensurlng that the charity ha5 an approprlate system of lrntemal controls, nnancial and otherwise. They are also responsible for keeplng proper account1ng records whlch éisclose with reasonable accuracy at any tlme the financial positTron of the charity and to enable thern to ensu thgt rhe financial statements comply wlth the Cornpanles Art 2006. They are also responslble for safeguardlng the assets of the charity and hence for laklng reasonJble steps for the prevention and detection OF fraud ané other irre9ularitles. Xndependent Examlner A proposal that Cleaver Black Ltd, be reappointed 05 Independertt examiner will be put to the Annual General Meetin9. Ae¢ountlng & Reporting Thls report has been prepared in accordance with provisions of the Charftles Act (Northern Ireland) 2008 and Charities (ATrwal Return) Regulations (Northern Ireland) 2015. Approval Thls report wa$ approved by the Board of Trustees, and slgned on Its behalf. Mo Yuen Trustee Yuanyuan Mccoo Zhang Trustee Page 3