HONG KONG STUDENT ALLIANCE CIC

Company limited by guarantee

Company Registration Number:
13978047 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

HONG KONG STUDENT ALLIANCE CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Community Interest Report

HONG KONG STUDENT ALLIANCE CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

NG, Man Yan
NG, Yuk Chiu Rick
LEUNG, Chun Hei Clark


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
12 November 2024

And signed on behalf of the board by:
Name: LEUNG, Chun Hei Clark
Status: Director

HONG KONG STUDENT ALLIANCE CIC

Balance sheet

As at 31 March 2024

Notes 2024 13 months to 31 March 2023


£

£
Current assets
Cash at bank and in hand: 401 248
Total current assets: 401 248
Net current assets (liabilities): 401 248
Total assets less current liabilities: 401 248
Total net assets (liabilities): 401 248
Members' funds
Profit and loss account: 401 248
Total members' funds: 401 248

The notes form part of these financial statements

HONG KONG STUDENT ALLIANCE CIC

Balance sheet statements

For the year ending 31 March 2024 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 November 2024
and signed on behalf of the board by:

Name: LEUNG, Chun Hei Clark
Status: Director

The notes form part of these financial statements

HONG KONG STUDENT ALLIANCE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

HONG KONG STUDENT ALLIANCE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 13 months to 31 March 2023
    Average number of employees during the period 0 1

COMMUNITY INTEREST ANNUAL REPORT

HONG KONG STUDENT ALLIANCE CIC

Company Number: 13978047 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

We organised 51 events this year, successfully balancing online and offline engagement. We are catering to the needs and preferences of our diverse community. In addition, we supported four university-specific events, enhancing the university experience for Hong Kong students in the UK. Our programs served 4,500 students, providing valuable resources such as education information, and networking opportunities, all of which have contributed to their personal and professional development. Academic In partnership with Collaborative Hong Kong Women CIC, we launched a comprehensive academic support program in September 2023. This initiative, which focused on weekend tutorials to assist students in preparing for the 11+ Admission Test and the GCSE exams, significantly impacted students' academic performance. The program provided students thorough subject reviews, practice exams, and one-on-one tutoring sessions. Expert tutors guided the students through challenging topics, offering personalised feedback and study strategies to enhance their understanding and performance. The aim was to ensure that each student felt confident and well-prepared to achieve their best results in these crucial examinations, thereby showcasing our commitment to academic success and the well-being of our members. Culture We strongly emphasise cultural celebration and inclusivity through various events. With generous sponsorship from North West RSMP, we hosted an LGBT event in Manchester. These events created a safe, welcoming environment where teenagers could express their identities freely and connect with others in the community. Activities included discussions, support groups, and social gatherings to promote acceptance and solidarity. In addition to LGBT events, we organised and sponsored numerous cultural events celebrating our rich heritage. These events featured traditional music, dance, food, and art, providing students with a taste of home, fostering cultural pride, highlighting Hong Kong’s history, traditions, and contemporary culture, and encouraging students to share their experiences and learn from one another. Entertainment Our entertainment events aim to provide students with fun and relaxation, offering a break from their academic routines. One of the standout activities was Table Flipping, which was inspired by the popular event in Japan. Students participated in this unique event to relieve stress by flipping tables in a controlled, entertaining setting. The event was a huge success, offering a memorable and therapeutic experience. We organised multiple orientation days across cities, including Leeds, Guildford, Manchester, and Sheffield. These events were designed to help new students settle into their surroundings, meet peers, and build a support network. Activities included campus tours, ice-breaking games, and informative sessions about university life and local amenities. We held a Discord Night event ahead of the crucial GCSE and A-Level result days. This virtual gathering provided students a supportive space to share their feelings and experiences. Moderated by our team, the event included fun games, group chats, and anxiety-relief tips, ensuring students felt supported and connected as they awaited their results. University Events Our university events were designed to enrich the student experience and foster a sense of community among Hong Kong students in the UK. The Variety Shows, hosted by University College London, the University of Sheffield, and the University of Birmingham, were significant highlights. These shows featured diverse performances, including music, dance, comedy, and drama, showcasing the incredible talents of our students. The well-attended events provided a vibrant, celebratory atmosphere that united students to appreciate their peers' talents. Through these detailed and varied events, we aimed to support the academic success, cultural identity, personal well-being, and social integration of Hong Kong students in the UK. Each event was carefully designed to meet our student community's specific needs and interests, ensuring they had a fulfilling and enriching experience throughout the year. AI Development Regarding AI development, HKSAcic made significant strides in November 2023 by launching two new GPT tools: "Life in the UK Test" and "UK Education Info." These tools, designed to assist users in preparing for the Life in the UK Test and accessing educational information, were made accessible with limited use following an update from OpenAI in May 2024. In the first seven days after the update, more than 1,000 people used our bots, demonstrating these resources' high demand and utility. These AI tools have not only provided accessible and valuable information to our community but have also reassured them about our organisation's technological advancements, enhancing our support services and instilling confidence in our members.

Consultation with stakeholders

No consultation with stakeholders

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
12 November 2024

And signed on behalf of the board by:
Name: LEUNG, Chun Hei Clark
Status: Director