BELFAST CHINESE CHRISTIAN CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 202349fi30￿Pff BELFAST CHINESE CHRISTIAN CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 TABLE OF CONTENTS PAGE Charity Information Trustees, Eleport Independent Examiner's Report Statement of Financial Activity Statement of Assets and Liabilities Notes to the Financial Statements 8-10 Detailed Income and Expenditure Accounts General Fund Account Building Fund Account 12 Chinese School Fund l2 BELFAST CHINESE CHRISTIAN CHURCH Page I CHARITY INFORMATION Trustees Frank Chong Kin Huat Ang - (Treasurer) Simon Au (Chairperson) Chunai Jin David Yue Kit Lo Lai Chu Chi1( ng Chiu Fai Ronny Lam Registered Charity Number NICIO5821 Church Address Lorne Street Bel fast BT9 7DU Independent Examiner Johnston Kennedy DFK Chartered Accountants 10 Pilots View Hei'on Road Belfast BT3 9LE Bankers Danske Bank POBOX 183 Donegall Square West Bel fast BTI 6JS BELFAST CHINESE CHRISTIAN CHURCH Page 2 TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEwfEMBER 2023 The trustees present their annual report together Nvith the unaudited financial statements for the year ended JO September ?023. Description and Purpose The objects of the Church are to advance the Christian Religion and such other charitable purposes as the Church shall determine and in furtherance of these objects the Church shall exist:. To preach the gospel of Jesus Christ, primarily, but not exclusively, to the Chinese in Northern Ireland. To provide a spiritual home for Christians and to care for their spiritual welfare. To equip for Christian service, including those who will be returning to their home country. To cooperate with Chinese churches and felloivships, other churches and societies whose doctrinal position agrees with ours. To relieve those persons ivho are in conditions of need, hardship and distress. Public Benefit Statement The principal benefits which flow from the purposes of the Charity are as follows:. a clearer and better understanding of the Gospel of Jesus Christ for the Chinese people and members of the general public. improving the spiritual life of those who profess to hold the Christian faith, helping them to overcome any spiritual difficulties they may have. the strengthening, through the Word of God, of those who profess to hold the Christian faith, so that they can stand firmer in their faith and be able to share the Gospel of Jesus Christ Ivherever they go. improving and expanding the work of the church, through the sharing of resources, and the transfer of skills, knowledge and experience with organisations which the church cooperates with. al leviating those in distress and improving the conditions of those who are in hardship. These benefits are evidenced through regular formal and informal feedback from church volunteers, members of the church, and those who attend the various meetings organised by the church, and through the provision of aid to other charitable organisations. There is no harm arising from any of the purposes. Our beneficiaries are: general public, men, women, parents preschool (0-5 year olds) children (5-13 year olds) and youths (14-25 year olds). There is no private benefit flowing from any of the purposes. Structure governance and management The Belfast Chinese Christian Church is an unincorporated association governed in accordance with its constitution. The church governance structure comprises a board of trustees, board of elders and church committee. The church committee nieet on a monthly basis to oversee the management of the financial and administrative matters of the church. The annual report and financial accounts are presented to church members at the annual general meeting. BELFAST CHINESE CHRISTIAN CHURCH Pllge 3 TRUSTEES, REPORT - continued Activities and Performance The Beltast Chinese Christian Church holds weekly Sunday church services. The services are conducted in English, Mandarin and Cantoiiese. Other activities include Sunday school, youth group meetings, children's meetings, Bible study groups. outreach events, Bible-based training, short-tei'm missions and a Chinese language school. The church had an average of140 Inembers during the year and over 30 volunteers who assisted in delivery of church activities. Financial Review The results for the year are set OLIt on pages 6 to 10. During the year the Church generated a general fund deficit of £13,120 before transfer ot £1,160 froin the Chinese School and a building t.und surplus of £306. At the year end the Unrestricted Funds amounted to £411,341 with the Building Fund amoLinling to £566,041 of which £277,067 was designated as fixed assets. Responsibilities in respect of Financial Statements The Trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and Uiiited Kingdom Generally Accepted Accounting Practice. The Trustees are required to prepare financial statements for each tinancial year which give a true and fair view of the state of affairs of the congregation and the financial activities for that year. In preparing the financial stateinents, the Triistees are required to: select suitable accounting policies and then apply them consistently; make jLidgemeiitS 1( nd csliiii