UK NATIONAL COMMITTEE ON CHINA CIC

Company limited by guarantee

Company Registration Number:
13040199 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

UK NATIONAL COMMITTEE ON CHINA CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

UK NATIONAL COMMITTEE ON CHINA CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 43,827 31,112
Gross profit(or loss): 43,827 31,112
Administrative expenses: ( 45,460 ) ( 34,220 )
Other operating income: 28,000
Operating profit(or loss): 26,367 (3,108)
Profit(or loss) before tax: 26,367 (3,108)
Profit(or loss) for the financial year: 26,367 (3,108)

UK NATIONAL COMMITTEE ON CHINA CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 10,570 4,000
Cash at bank and in hand: 13,420 5,899
Total current assets: 23,990 9,899
Creditors: amounts falling due within one year: 4 ( 40,556 ) ( 52,832 )
Net current assets (liabilities): (16,566) (42,933)
Total assets less current liabilities: (16,566) ( 42,933)
Total net assets (liabilities): (16,566) (42,933)
Members' funds
Profit and loss account: (16,566) ( 42,933)
Total members' funds: ( 16,566) (42,933)

The notes form part of these financial statements

UK NATIONAL COMMITTEE ON CHINA CIC

Balance sheet statements

For the year ending 30 November 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 30 August 2024
and signed on behalf of the board by:

Name: Oliver Shiell
Status: Director

The notes form part of these financial statements

UK NATIONAL COMMITTEE ON CHINA CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

UK NATIONAL COMMITTEE ON CHINA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

UK NATIONAL COMMITTEE ON CHINA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

2023 2022
£ £
Trade debtors 6,000
Other debtors 4,570 4,000
Total 10,570 4,000

UK NATIONAL COMMITTEE ON CHINA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 40,556 52,832
Total 40,556 52,832

UK NATIONAL COMMITTEE ON CHINA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Unsecured loans provided by the directors of the company
£
Balance at 30 November 2022 48,532
Advances or credits made:
Advances or credits repaid: 7,976
Balance at 30 November 2023 40,556

COMMUNITY INTEREST ANNUAL REPORT

UK NATIONAL COMMITTEE ON CHINA CIC

Company Number: 13040199 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

UK National Committee on China CIC (UKNCC) is an educational non-profit that provides educational opportunities for the people of the UK on China related issues and supports constructive dialogue with China on all topics of interest to the people of the UK. UKNCC delivers its activities through two work streams: 1. Pathfinder Dialogues. 2. Education Programmes. Pathfinder Dialogues: - A roundtable of the Northern Ireland China Green & Sustainable Dialogue with stakeholders and partners from across Northern Ireland and the China Chamber of Commerce in London. Part of the UKNCC Climate Change Programme, the Dialogue was co-chaired by UKNCC and the Consul General in Northern Ireland and is designed to explore the potential for region to region cooperation in cities transition to zero carbon. - Organised a roundtable with Prof. David Rooney, Director of Centre for Advanced Sustainable Energies at Queen’s University Belfast with experts from the UK and China on opportunities for hydrogen technology in the pursuit of zero carbon futures. - UKNCC made its first visit to Beijing (since the advent of COVID 19 pandemic) for discussions with stakeholders interested in the future of UK China relations. The team met with academics, leaders and students from the following organisations: Schwarzman College (Tsinghua University); Yenching Academy (Peking University); Cheung Kong Graduate School of Business; China Entrepreneur Club (CEC); U.S. Embassy in Beijing; Center for China and Globalisation; IDCPC; Center for International Strategy and Security China Forum (Tsinghua University). - Meeting with the Scottish Office in the British Embassy in Beijing to discuss Sino-Scottish relations and ideas to support region to region engagement. - Meeting with Ambassador Zheng Zeguang to discuss UK China relations. - Roundtables with various British Universities to discuss potential for collaboration with Chinese counterparts in the context of the recently published HMG Integrated Review Refresh (March 2023). - Roundtable with IDCPC to continue dialogue on the state and future of UK China relations. Meeting with the FCDO to discuss reflections from the UKNCC visit to Beijing in April and the future of UK China relations. - Coordinated a discussion with The Baroness Kennedy of The Shaws KC and a group of students visiting the UK from Center for International Security and Strategy, Tsinghua University, to explore ‘key issues that affect British attitudes and understanding of China’ as part of the Pathfinder Dialogue programme. - Coordinated delegation from Beijing Fengtai District and members of the China Entrepreneur Club to Nottingham University with a focus on Medical Sciences research. Meetings with the Chinese Consul General in Manchester and Manchester City Council, and Manchester China Forum to plan for a Climate Change Forum focussed on Hydrogen Energy. - Co-hosted roundtable with Center for International Security and Strategy Tsinghua University with Mme FU Ying (former Chinese Ambassador to the UK) and academics from the UK and China on ‘China’s Standing and Role on the International Stage‘. Attended a roundtable hosted by the U.S. Embassy in London on the economics of China. Delivered the 2nd UK-China Hydrogen Energy Cooperation Forum with partners Manchester City, Wuhan City, Manchester China Forum, Chinese Consul General in Manchester, Bank of China, CCCUK and the British Embassy in Beijing (DBT). Educational Programmes: - Publications: The UKNCC Guest Contributor Programme explored a series of questions on China related issues from a diverse range of perspectives. Topics explored included: How is China’s approach to Human Rights evolving? What role does nationalism play in China today? What are the prospects for China-UK economic ties? What are the main opportunities and challenges for China as it emerges from zero-covid? What is unique about protests in China? China’s Belt and Road: What can we expect? Does the UK now have a China strategy? - A commissioned research paper “On the role of Track II Diplomacy in Sino-West Relations” was also published. - Delivered an executive education course “Xiconomics” funded by the UK China Capabilities Programme (FCDO) for a cohort of UK civil servants, achieving excellent course evaluations for overall quality and political impartiality (88% of participants ranking the course ‘world-class’. - Ran the UKNCC Help Desk for Parliamentarians and Civic Leaders, offering educational support in better understanding China related issues and questions (not offering policy advice).

Consultation with stakeholders

Please indicate how the stakeholders have been consulted: - Held periodic meetings with HMG Foreign, Commonwealth and Development Office; Department for International Trade; and British Embassy in Beijing; to sense check UKNCC’s educational offer and maintain open channels for feedback and suggestion. - Carried out exit interviews with Interns (at the end of each volunteer period) managed by the Chairman to source feedback and evaluation of students’ experience. - Maintained an open online complaints / whistle blowing channel (managed by the Deputy Chair of the Advisory Board). - Maintained and tracked social media channel feedback (Twitter / LinkedIn) - responding with 12 hours to any suggestion / complaint. - Sought guidance and advice from the UKNCC Advisory Board Members on a scheduled basis of meetings and on an ad hoc basis as issues arose. Members include: Sir Malcolm Rifkind KCMG; Wendy Alexander; Sir Victor Blank; Sir Andrew Cahn; Ellie Chadwick; Carma Elliot CMG OBE; Brent Hoberman CBE; Carol Potter; Benjamin Speyer. - Undertook anonymous course evolutions using survey monkey platform for civil servants attending the executive education courses. What action, if any, has the company taken in response to feedback from its consultations? If there has been no consultation, this should be made clear. - Developed a new course for the civil service which was subsequently delivered in the subsequent year, commissioned by the Cabinet Office / Scottish Government. - Up dated the internship volunteer agreement to further strengthen clarity as the support on offer to interns and their responsibilities to the organisation in respect to confidentiality, standards and behaviours. - Undertook a review of the UKNCC proposition, activities and approach, in light of the evolving national security concerns and legislation.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £5,000 made payable to an external company to which the sole director and shareholder is also director of the company. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 August 2024

And signed on behalf of the board by:
Name: Oliver Shiell
Status: Director