ORIENTAL CHINESE COMMUNITY C.I.C.

Company limited by guarantee

Company Registration Number:
13679156 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

ORIENTAL CHINESE COMMUNITY C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ORIENTAL CHINESE COMMUNITY C.I.C.

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal activities of the company

The principal activity of the company is that of other social work activities without accommodation.



Directors

The directors shown below have held office during the whole of the period from
1 November 2022 to 31 October 2023

Yick Kwan, YEUNG-LAM
Andrew Yiu Lam TSE


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 July 2024

And signed on behalf of the board by:
Name: Yick Kwan, YEUNG-LAM
Status: Director

ORIENTAL CHINESE COMMUNITY C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2023

2023 13 months to 31 October 2022


£

£
Turnover: 32,087 23,112
Cost of sales: ( 5,730 ) ( 715 )
Gross profit(or loss): 26,357 22,397
Distribution costs: 0 0
Administrative expenses: ( 23,975 ) ( 20,342 )
Operating profit(or loss): 2,382 2,055
Profit(or loss) before tax: 2,382 2,055
Tax: ( 453 ) ( 390 )
Profit(or loss) for the financial year: 1,929 1,665

ORIENTAL CHINESE COMMUNITY C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023 13 months to 31 October 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 15,346 13,562
Investments:   0 0
Total current assets: 15,346 13,562
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 11,753 ) ( 11,897 )
Net current assets (liabilities): 3,593 1,665
Total assets less current liabilities: 3,593 1,665
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 3,593 1,665
Members' funds
Profit and loss account: 3,593 1,665
Total members' funds: 3,593 1,665

The notes form part of these financial statements

ORIENTAL CHINESE COMMUNITY C.I.C.

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 July 2024
and signed on behalf of the board by:

Name: Yick Kwan, YEUNG-LAM
Status: Director

The notes form part of these financial statements

ORIENTAL CHINESE COMMUNITY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents donations, subscriptions and membership fees received during the period.

ORIENTAL CHINESE COMMUNITY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 13 months to 31 October 2022
    Average number of employees during the period 0 0

ORIENTAL CHINESE COMMUNITY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Creditors: amounts falling due within one year note

2023 13 months to 31 October 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 453 390
Accruals and deferred income 0 0
Other creditors 11,300 11,507
Total 11,753 11,897

COMMUNITY INTEREST ANNUAL REPORT

ORIENTAL CHINESE COMMUNITY C.I.C.

Company Number: 13679156 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The company is established to create an all-inclusive community for individuals regardless of where they are from, their beliefs, or their age. The company has benefited the community in the following ways:- Offering opportunities for gathering and participating in activities.- Providing opportunities for transmitting culture – e.g. Kung Fu, Chinese Calligraphy, Festivals (Dragon Boat festival, Mid-Autumn festival, Luna New Year)

Consultation with stakeholders

The company’s stakeholders are residents of England.The directors ask everyone who is interested in joining the community to fill out a short survey about their interests. This has helped them build a profile of the activities that meet the community’s needs and helped them understand what they can do more effectively.The research has shown that the Pilates session is the most popular one, so the class is run more often compared to yoga and calligraphy.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 July 2024

And signed on behalf of the board by:
Name: Yick Kwan YEUNG-LAM
Status: Director