# **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:-
- 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 fellowships, other churches and societies whose doctrinal position agrees with ours.
- To relieve those persons who 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 wherever 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.
- alleviating those in distress and improving the conditions of those who are in hardship. These benefits are evidenced through regular formal and informal f dback 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 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:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
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:
- examine the accounts under section 65 of the Charities Act;
- follow the procedures laid down in the general Directions given by the Charity Commission fur Northern Ireland under section 65(9)(b) of the Charities Act; and
- state whether particular matters have come to my attention.
## **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:
- I That accounting records were not kept in accordance with section 63 of the Charities Act
- 2 That the accounts do not accord with those accounting records
- 3 That the accounts do not comply with the accounting requirements of the Charities Act
- 4 That there is further information needed for a proper understanding of the accounts to be reached.
## **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
¥�IJ*m
**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 lj*J
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**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|