WUGSHK C.I.C.

Company limited by guarantee

Company Registration Number:
SC783177 (Scotland)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 20 September 2023

End date: 30 September 2024

WUGSHK C.I.C.

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

WUGSHK C.I.C.

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

The principal activity of the company is cultural education



Directors

The director shown below has held office during the whole of the period from
20 September 2023 to 30 September 2024

Chun Kan Lee


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
24 September 2025

And signed on behalf of the board by:
Name: Chun Kan Lee
Status: Director

WUGSHK C.I.C.

Profit And Loss Account

for the Period Ended 30 September 2024

2024


£
Turnover: 13,434
Cost of sales: ( 12,574 )
Gross profit(or loss): 860
Administrative expenses: ( 5,955 )
Other operating income: 8,560
Operating profit(or loss): 3,465
Profit(or loss) before tax: 3,465
Profit(or loss) for the financial year: 3,465

WUGSHK C.I.C.

Balance sheet

As at 30 September 2024

Notes 2024


£
Fixed assets
Tangible assets: 3 347
Total fixed assets: 347
Current assets
Debtors: 4 176
Cash at bank and in hand: 2,942
Total current assets: 3,118
Net current assets (liabilities): 3,118
Total assets less current liabilities: 3,465
Total net assets (liabilities): 3,465
Members' funds
Profit and loss account: 3,465
Total members' funds: 3,465

The notes form part of these financial statements

WUGSHK C.I.C.

Balance sheet statements

For the year ending 30 September 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 24 September 2025
and signed on behalf of the board by:

Name: Chun Kan Lee
Status: Director

The notes form part of these financial statements

WUGSHK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 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

WUGSHK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024
    Average number of employees during the period 4

WUGSHK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 496 496
Disposals
Revaluations
Transfers
At 30 September 2024 496 496
Depreciation
Charge for year 149 149
On disposals
Other adjustments
At 30 September 2024 149 149
Net book value
At 30 September 2024 347 347

WUGSHK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024
£
Prepayments and accrued income 176
Total 176

COMMUNITY INTEREST ANNUAL REPORT

WUGSHK C.I.C.

Company Number: SC783177 (Scotland)

Year Ending: 30 September 2024

Company activities and impact

During the financial year, the company delivered a diverse programme of cultural, educational and social initiatives designed to support newly arrived Hong Kongers in Scotland and to foster stronger ties with the local Scottish community. Summary of Activities and Community Benefits Cultural & Social Gatherings -Christmas Gathering (Dec 2023) – 89 participants: Introduced Scottish festive food and games to Hong Kongers; provided a supportive environment for newcomers to connect and share experiences. -Lunar New Year Celebration (Feb 2024) – 80 participants: Offered traditional Fai Chun writing, Kung Fu shows, mahjong, and food areas; promoted intercultural exchange between Hong Kong and Scottish communities. -Bi-monthly “Wee Union Hong Kong Gathering” (Apr 2024) – 80 participants: Continued social networking, emotional support, and practical advice sessions to help Hong Kongers settle in Scotland. Educational Programmes -Mini-lecture “Should Buy or Should Rent” (Mar 2024) – 19 participants: Delivered in Cantonese and English by housing professionals; covered renting vs. buying, market insights, and legal precautions; distributed leaflets and hosted Q&A sessions. -Feedback Integration: Used attendee suggestions to plan future seminars on house-hunting skills, DIY, property maintenance, and other practical topics. Cultural Festivals & Workshops -“Return of the Hong Kong Market 2024” (Apr 2024) – over 10,000 of attendees over two days: Two-day festival at Barras Market featuring street food, handicrafts, exhibitions, Lion Dance, Cantonese opera, and Kung Fu shows. Promoted Hong Kong heritage to Scottish audiences and gave small businesses a platform to develop and connect with local customers. Attracted local media attention and strengthened economic and multicultural ties. -Rice Dumpling DIY Workshop (Dragon Boat Festival, May 2024) – 30 participants: Taught traditional food preparation, engaging both Hong Kongers and Scottish residents in cultural heritage. Community Impact -Provided safe, welcoming spaces for new arrivals to combat isolation and cultural barriers. -Encouraged mental health and family participation through festive, child-friendly activities. -Enhanced cultural exchange by introducing Hong Kong traditions to Scots and Scottish customs to Hong Kongers. -Supported economic participation by giving entrepreneurs, volunteers, and performers paid or volunteer opportunities. -Acted as a hub for sharing information on housing, jobs, legal issues, and Scottish community resources, especially for non-English speakers.

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
25 September 2025

And signed on behalf of the board by:
Name: Chun Kan Lee
Status: Director