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2025-09-30-accounts

BELFAST CHINESE CHRISTIAN CHURCH f f eJ 5tMf� }__£��-*

FINANCIAL STATEMENTS M•ffl�

FOR THE YEAR ENDED 30 SEPTEMBER 2025 20251¥-9 � 30 13 fffl:J

BELFAST CHINESE CHRISTIAN CHURCH

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

TABLE OF CONTENTS PAG
Charity Infrmation 1
Trustees' Report 2-4
Independent Examiner's Report 5
Statement of Financial Activity 6
Statement of Assets and Liabilities 7
Notes to the Financial Statements 8-10
Detailed Income and Expenditure Accounts
General Fund Account 11
Building Fund Account 12
Chinese School Fund 12

PAGE

BELFAST CHINESE CHRISTIAN CHURCH

Page 1

CHARITY INFORMATION

Trustees

Frank Chong Kin Huat Ang - (Chairperson) Simon Au Chunai Jin - (Church Secretary) David Yue Kit Lo Shun Chao Xu Jocelyn Yek Ning Ang - (Treasurer)

Registered Charity Number NICI05821 Church Address Lorne Street Belfast BT97DU Independent Examiner Johnston Kennedy DFK Chartered Accountants I 0 Pilots View Heron Road Belfast BT3 9LE Bankers Danske Bank PO Box 183 Donegal! Square West Belfast BTI 6JS

Page 2

BELFAST CHINESE CHRJSTIAN CHURCH

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees present their annual report together with the unaudited financial statements for the year ended 30 September 2025.

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:-

Public Benefit Statement

The principal benefits which flow from the purposes of the Charity are as follows:-

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 meet 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

Page 3

TRUSTEES' REPORT - continued

Activities and Performance

The Belfast Chinese Christian Church holds weekly Sunday church services. The services are conducted in English, Mandarin and Cantonese. Other activities include Sunday school, youth group meetings, children's meetings, Bible study groups, outreach events, Bible-based training, short-term missions and a Chinese language school. The church had an average of 140 members during the year and over 30 volunteers who assisted in delivery of church activities.

Financial Review

The results for the year are set out on pages 6 to I 0. During the year the Church generated a general fund surplus of £5,886 before transfer of £408 from the Chinese School and a building fund surplus of £2,988. At the year end the Unrestricted Funds amounted to £428,744 with the Building Fund amounting to £543,569 of which £292,033 was designated as fixed assets.

Responsibilities in respect of Financial Statements

The Trustees arc responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

The Trustees arc required to prepare financial statements for each financial 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 statements, the Trustees arc required to:

The Trustees arc responsible for keeping adequate accounting records that arc sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Church and enable the Trustees to ensure that the financial statements comply with the Statement of Recommended Practice "Accounting and Reporting by Charities ( I January 20 I 9)". They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 4

BELFAST CHINESE CHRISTIAN CHURCH

TRUSTEES' REPORT - continued

Reserves Policy

The reserve policy of the Church is to accumulate resources in order to fund ongoing ministry work and to deliver on the vision in respect of a new building project.

Risk Review

A review of major risks has been undertaken by the Trustees and systems and procedures implemented to manage identified risks. The principal risks are in relation to the likelihood of reputational damage and financial risks associated with the expectation of ongoing financial support from members. These risks are mitigated by the Trustees, and the Congregational Committee, regularly monitoring the various activities of the congregation at stated meetings and by encouraging members in their regular giving.

Approved by the board of Trustees at a meeting on .. �.C!. l !".!�.�-- and signed on its behalf by:

Kin Huat Ang Chairperson

Chunai Jin Church Secretary

BELFAST CHINESE CHRISTIAN CHURCH

Page 5

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BELFAST CHINESE CHRISTIAN CHURCH

I report on the accounts of the charity for the year ended 30 September 2025 set out on pages to 6 to 10.

Respective responsibilities of Trustees and Examiner

As the charity's Trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.

It is my responsibility to:

Basis of independent examiner's report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to our attention giYing me cause to believe:

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (I) to ( 4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

� Johnston Kennedy DFK Chartered Accountants 10 Pilots View Heron Road Belfast BT39LE

Date

Page 6

BELFAST CHINESE CHRISTIAN CHURCH ffeJ. ffl rt Wr¥-i=• A £tHffr� STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 30 SEPTEMBER 2025

J&J..:: Jlli!J=i 2025�9 � 30 a ta•

Income
Donations and legacies
Charitable activities
Investments
Other
Total income
Expenditure
Raising fnds
Charitable activities
Total expenditure
Net income/(expenditure)
Transfr between fnds
Net movement in funds:
Reconciliation of funds:
Funds brought frward
Total funds carried forward		 Notes
2
3
4
4		 Unrestricted
Funds
!
153,142
1,798
4,348
159,288
(152,994)
(152,994)
6,294
12,735
19,029
409,715
428,744		 Restricted
Funds
!
3,043
3,043
(55)
(55)
2,988
(12,735)
(9,747)
553,316
543,570		 Total
2025
!
153,142
1,798
7,391
162,331
(55)
(152,994)
(153,049)
9,282
9,282
963,031
972,314		 Total
2014
!
148,860
289
4,344
487
153,980
(63)
(168,268)
(168,331)
(14,351)
(14,351)
977,382
963,031

Page 7

BELFAST CHINESE CHRISTIAN CHURCH STATAMENT OF ASSETS AND LIABILITIES AS AT 30 SEPTEMBER 2025 �-��-A�if,X-t- l&::t�li��2025�9� 3013 ffi!rJJ

2025
!
!
FIXED ASSETS
fjfa
Land
!-f
150,000
Buildings
}�!
129,992
Equipment
�f
10,526
Fixtures and Fittings
�}��
1,515
292,033
CURRENT ASSETS
tf a
Prepayments and accrued incomemx
4,370
Repayable Church Support
11 M B �� � W1
35,000
Bank Investment Accounts
1�J 0
361,347
Bank Current Account
t,0
283,859
Petty Cash
�f!J�
8
684,584
CURRENT LIABILITIES
ifi 5
Accruals
l!Hifffn
3,231
Defrred Income
��iA
1,071
Other Creditors
J1t{A
4,302
NET CURRENT ASSETS
if aH
680,281
TOT AL NET ASSETS
••an
972,314
Represented by:-
General Fund
�ii��
428,744
Building Fund
- Designated
����
292,033
- Reserve
f fHl�
251,537
972,314*		 2024
!
!
150,000
137,376
15,107
2,285
304,768
1,209
35,000
157,569
469,198
45
663,021
2,077
1,679
1,000
4,756
658,264
963,032
409,715
304,768
248,549
963,032

Page8

BELFAST CHINESE CHRISTIAN CHURCH

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. ACCOUNTING POLICIES

1.1

Basis of financial statements

The charity constitutes a public benefit entity as defined by FRS I 02. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic oflrcland (FRS I 02) issued October 2019, the Charities Act (Northern Ireland) 2008 and UK Generally Accepted Practice as it applies from I January 2019.

1.2 Fund Accounting

Unrestricted funds arc income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for specific use in the future.

Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congrcgational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average basis.

Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.

1.3

Accounting convention

These financial statements have been prepared under the historical cost basis of accounting.

1.4 Depreciation

Depreciation has been charged at such rates as will write off the cost of fixed assets in equal instalments over their expected useful lives.

Land NIL Building 5% Straight Line Equipment 20% Straight Line Fixtures and Fittings I 0% Straight Line

1.5 Taxation

The church is a charity registered with the Charity Commission for Northern Ireland. Charity number NICI 05821.

2. DONA TI ONS AND LEGACIES

Recorded Giving:
General Offerings
Mission Donations
Gift Aid Tax Refunds
Special Offerings		 Unrestricted
Restricted
Funds
Funds
!
!
123,570
9,236
12,821
7,515
153,142		 Total
Total
2025
2024
!
!
123,570
120,968
9,236
9,033
12,821
10,748
7,515
8,111
153,142
148,860

Page9

BELFAST CHINESE CHRISTIAN CHURCH

NOTES FORMING PART OF THE FINANCIAL STATEME�TS FOR THE YEAR ENDED 30 SEPTEMBER 2025

3. CHARITABLE ACTIVITIES

CHARITABLE ACTIVITIES CHARITABLE ACTIVITIES
Unrestricted
Funds
!
Chinese School Income
1,798
1,798
OTHER INCOME
Unrestricted
Funds
!
Interest Received
4,348
Sundry Income
4,348
CHARITABLE EXPENDITURE
Unrestricted
Funds
!
Charitable expenses
151,748
Governance costs
1,246
152,994		 Restricted
Funds
!
Restricted
Funds
!
3,043
3,043
Restricted
Funds
!		 Total
Ttal
2025
2024
!
!
1,798
289
1,798
289
Total
Total
2025
2024
!
!
7,391
4,344
487
7,391
4,831
Total
Total
2025
2024
!
!
151,748
167,088
1,246
1,180
152,994
168,268
Charitable expenses
Governance costs

4. OTHER INCOME

5. CHARITABLE EXPENDITURE

6. SUMMARY OF NET ASSETS BY FUNDS

Fixed Assets
Net Current Assets		 Unrestricted
Funds
£
428,744
428,744
Restricted
Funds
Total
£
£
292,033
292,033
251,537
680,281
543,570
972,314

BELFAST CHINESE CHRISTIAN CHURCH

Page 10

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

7. RECONCILIATION OF MOVEMENT OF FUNDS

Balance brought frard I October 2024
Movement in year
Surplus from building fnd
Surplus from Chinese school
Transfer fom building fnd
Balance at 30 September 2025
FIXED ASSETS
At Cost
Balance I October 2024
Additions
Disposals
Balance 30 September 2025
Depreciation
Balance I October 2024
Charge for year
Elimination on disposal
Balance 30 September 2025
Net Book Value
As at 30 September 2024
As at 30 September 2025		 Land
£
150,000		 Unrestricted
Funds
£
409,715
5,886
408
12,735
Restricted
Restricted
Fund
Fund
Proler!
Reserve
£
£
304,768
248,549
2,988
(12,735)		 Unrestricted
Funds
£
409,715
5,886
408
12,735
Restricted
Restricted
Fund
Fund
Proler!
Reserve
£
£
304,768
248,549
2,988
(12,735)		 Total
£
963,032
5,886
2,988
408
428,744
292,033
251,537
972,314
Building
£
241,760
1,896
(1,000)
Equipment Fixtures &
Total
Fittings
£
£
£
71,439
28,491
491,690
667
2,563
(1,000)
150,000 242,656
72,106
28,491
493,253
104,384
8,280
56,332
26,206
186,922
5,248
770
14,298
112,664
61,580
26,976
201,220
150,000
150,000		 129,992
137,376
10,526
1,515
292,033
15,107
2,285
304,768

8. FIXED ASSETS

9. SUPPORT COSTS

K M Loo received net remuneration in the amount of £21,246 for pastoral services and £786 of pension contributions.

10. CONTROL

Belfast Chinese Christian Church is controlled by the members.

11. GOVERNANCE COSTS -ACCOUNTANTS REMUNERATION

Remuneration for accounting services in the amount of£ 1,038 ( excluding vat) is payable for the year.

Page 11

GENERAL FUND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025

BELFAST CHINESE CHRISTIAN CHURCH & � ;tM��* A����

l&A�tl:iffltJ=i 2025�9� 301:1 �-

!
General Oferings
·�1�
Mission Donations
' 1/i ff�
Gift Aid Tax Refnds
�.J�J�
Interest Received
flj,�,
Sundry Income
Jftl.
Special Oferings
¥�IJm
TURE
:W
Pastor's Salary
t�rT�
Pastoral worker's Salary
_r _ln T [ �
Pastoral Expenses
�tJ-x
Pension Costs
ilf{
Mission Donations
:W'�
Outreach
�l
Gifts
fi¥:R�
Sunday School
±1
Education and Training
�� !J% �JII
Church Activities
�wi!I
Speaker Expenses
�F.J
Transport for Visitation and hospitality
rWrrrt-Wi X/
Sundry Expenses
�l}[3/
Library Expenses
1�x1
Accountancy
fnJ_m_
Refreshments
�,�
Special Oferings
1 ljJ
Telephone
·�ii�
Repairs and Maintenance
lf�
Insurance
f�•
Heat and Light
rPi_1f'�J
omce Expenses
_1J��ix
Cleaning
m�
Legal Fees
{Jjf�
Bank Charges
i.H' 1J.�-&1&J
Depreciation
t
L FUND INCOME/(EXPENDITURE) FOR THE YEAR
��I'd�
NT OF FUNDS
f1Ml
d reserve brought forward
1W«��*J �l
om Chinese School
t :f:# J
)/fom building fnd
J £1#}
L FUND RESERVE CARRIED FORWARD
15£1t<MTW		 2025
2024
!
!
!
!
123,570
120,968
9,236
9,033
12,821
10,748
4,348
1,599
487
7,515
8,111
157,490
150,946
32,086
26,063
26,666
1,651
1,303
813
1,761
27,683
28,074
3,990
2,852
1,392
1,626
494
143
3,014
2,075
15,316
12,285
13,130
9,200
5,404
960
576
1,161
492
978
1,246
1,180
2,336
538
7,515
7,371
1,227
1,217
8,597
3,176
1,797
1,919
5,402
9,348
3,368
2,993
3,866
5,205
1,404
531
337
14,298
13,457
(151,604)
(167,911)
5,886
(16,965)

409,715
411,341
408
(68)
12,735
15,407
422,858
426,680

428,744
4092715		 2025
2024
!
!
!
!
123,570
120,968
9,236
9,033
12,821
10,748
4,348
1,599
487
7,515
8,111
157,490
150,946
32,086
26,063
26,666
1,651
1,303
813
1,761
27,683
28,074
3,990
2,852
1,392
1,626
494
143
3,014
2,075
15,316
12,285
13,130
9,200
5,404
960
576
1,161
492
978
1,246
1,180
2,336
538
7,515
7,371
1,227
1,217
8,597
3,176
1,797
1,919
5,402
9,348
3,368
2,993
3,866
5,205
1,404
531
337
14,298
13,457
(151,604)
(167,911)
5,886
(16,965)

409,715
411,341
408
(68)
12,735
15,407
422,858
426,680

428,744
4092715
422,858
428,744

INCOME

EXPENDITURE

GENERAL FUND INCOME/(EXPENDITURE) FOR THE YEAR

MOVEMENT OF FUNDS

General fund reserve brought forward Transfer from Chinese School Transfer (to)/from building fund

GENERAL FUND RESERVE CARRIED FORWARD

BELFAST CHINESE CHRISTIAN CHURCH � fl�Wr4'1.A£1!f�· DESIGN A TED FUNDS IN COME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page 12

BUILDING FUND INCOME

Income

Collections Gift Aid Tax Refunds Bank Interest Return of collections

Expenditure Bank Charges Legal and Professional

NET INCOI\IE/(EXPENDITURE) FOR THE YEAR

MOVEI\IENT OF FUNDS

Reserves brought forward Net surplus for year Expenditure - Auilding fund account Capital expenditure Depreciation Transfer to general fund

RESERVES CARRIED FORWARD

CHINESE SCHOOL FUl'iD

Income

Expenditure

NET INCOME/(EXPENDITURE) FOR THE YEAR

TRANSFER TO GENERAL FUND

Page 12
f�£��lAf:l•l
2025�9J 301 �-
2025 2024
•j£�l ! ! ! !
lA
l#
:iH� J
'fHif'L�-
liH"aj3f		 3,043 2,745
Jlt1
f.
IJ.�-& �' 1�		 (55) (63)
fjr'
:lMfj�
f�MI		 2,988 2,682
f{*Jlf
3 if-:Jmfi
�4-�UUU
i:f
LU
ff-
t!A'1'l:		 1,563
(14,298)		 553,316
2,988
(12,735)		 (43,108)
41,158
(13,457)		 566,041
2,682
(15,407)
t«Mrm 543,569 553,316
t ¥�£�
�'A
1,798
:w
(1,390)
Mfj�
408
.A'�£�
(408)		 189
(357)
(68)
68