UK CHINESE SPORTS FEDERATION C.I.C.

Company limited by guarantee

Company Registration Number:
14464801 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

UK CHINESE SPORTS FEDERATION C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

UK CHINESE SPORTS FEDERATION C.I.C.

Directors' report period ended 31 December 2024

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

Principal activities of the company

The company's principal activity during the year is to promote community cohesion, cultural exchange and health living through accessible and inclusive sports and social events.

Additional information

Small company provisions This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

MR YIN KWONG YAU


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
10 June 2025

And signed on behalf of the board by:
Name: MR YIN KWONG YAU
Status: Director

UK CHINESE SPORTS FEDERATION C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 1 month to 31 December 2023


£

£
Turnover: 32,776 0
Cost of sales: ( 23,540 ) 0
Gross profit(or loss): 9,236 0
Administrative expenses: ( 10,584 ) 0
Operating profit(or loss): (1,348) 0
Profit(or loss) before tax: (1,348) 0
Profit(or loss) for the financial year: (1,348) 0

UK CHINESE SPORTS FEDERATION C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 1 month to 31 December 2023


£

£
Current assets
Debtors: 3 3,500 0
Cash at bank and in hand: 1,022 0
Total current assets: 4,522 0
Creditors: amounts falling due within one year: 4 ( 5,870 ) 0
Net current assets (liabilities): (1,348) 0
Total assets less current liabilities: (1,348) 0
Total net assets (liabilities): (1,348) 0
Members' funds
Profit and loss account: (1,348) 0
Total members' funds: ( 1,348) 0

The notes form part of these financial statements

UK CHINESE SPORTS FEDERATION C.I.C.

Balance sheet statements

For the year ending 31 December 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.

This report was approved by the board of directors on 10 June 2025
and signed on behalf of the board by:

Name: MR YIN KWONG YAU
Status: Director

The notes form part of these financial statements

UK CHINESE SPORTS FEDERATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 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

    Income is recognised and included in the profit and loss account when the Company has entitlement to the income, it is probable that the income will be received and the amount can be measured reliably. Income received relating to future accounting periods is deferred and recognised as a creditor within the balance sheet. The following specific policies are applied to particular categories of income: Donation income are recognised when income has been received; Other income such as sponsorship and income from rendering services are measured net of value added tax and recognised and included in the profit and loss account for the period it relates to when it is probable that the income will be received and the amount can be measured reliably.

    Other accounting policies

    Debtors Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price, which is usually the invoice price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

UK CHINESE SPORTS FEDERATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 1 month to 31 December 2023
    Average number of employees during the period 0 0

UK CHINESE SPORTS FEDERATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 1 month to 31 December 2023
£ £
Other debtors 3,500 0
Total 3,500 0

UK CHINESE SPORTS FEDERATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 1 month to 31 December 2023
£ £
Other creditors 5,870 0
Total 5,870 0

COMMUNITY INTEREST ANNUAL REPORT

UK CHINESE SPORTS FEDERATION C.I.C.

Company Number: 14464801 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Our company is dedicated to fostering community cohesion, cultural exchange, and healthy living through accessible and inclusive sports and social events. By creating opportunities for participation, we aim to bridge cultural divides, promote well-being, and support the integration of the Chinese community into wider society. 2024 Event Highlights: -July 2024: The 24th UK Chinese Golf Open -September 2024: Xiongqi Cup Table Tennis Open Tournament -November 2024: The 21st UK Chinese Badminton Tournament 2024 Through leasing local facilities, we provide a platform for individuals of all ages and backgrounds to engage in organized sports and social gatherings, fostering meaningful connections and enhancing quality of life. Key Community Benefits: 1. Social Integration: Uniting diverse groups through shared activities, breaking down cultural and social barriers. 2. Health & Well-being: Encouraging active lifestyles to improve physical and mental health among participants. 3. Strengthening Community Bonds: Creating a welcoming, inclusive environment that celebrates diversity and fosters lasting relationships. 4. Local Economic Support: Partnering with nearby facilities and businesses to stimulate economic activity and community collaboration.

Consultation with stakeholders

Our key stakeholders including local residents, dedicated members, and committed volunteers, they are central to shaping our operations and driving our mission forward. Their active participation ensures our events remain responsive, relevant, and impactful. To uphold excellence and inclusivity, we prioritize ongoing dialogue through Targeted surveys and feedback questionnaires post-events, Structured group discussions to gather in-depth insights and Regular consultations with volunteers and community representatives. This collaborative approach allows us to refine activities, address emerging needs, and maintain high standards of quality. By embedding stakeholder input into our planning, we strengthen trust, foster ownership, and ensure our offerings consistently deliver meaningful connections and health benefits to the community.

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
10 June 2025

And signed on behalf of the board by:
Name: MR YIN KWONG YAU
Status: Director