Charity registration number 1106728 (England and Wales)
Company registration number 04893671
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr J T Cheung
Mr E Wong
Mrs S Chan
Mr P Wong
Mr T Ha
Mr J Chow
Ms E Chow
Mr Danny Chau
Mrs Lai Ho
Mr Stephen Ho
Mr Lai Leung
Mrs Kew Lim
Mrs Choon Neoh
Mr Paul Wong
Charity number (England and Wales)
1106728
Company number
04893671
Principal address
Harmony House
61A North Ormesby Road
Middlesbrough
TS4 2AF
Registered office
Swan House
Westpoint Road
Teesdale Business Park
Stockton - on - Tees
Cleveland
TS17 6BP
Independent examiner
Davies Tracey
Swan House
Westpoint Road
Teesdale Business Park
Stockton on Tees
TS17 6BP
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
CONTENTS
Page
Trustees' report
1 - 2
Independent examiner's report
3
Statement of financial activities
4
Balance sheet
5
Notes to the financial statements
6 - 12
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 30 September 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The charity's objectives are:

1) To promote the benefit of inhabitants of Middlesbrough, Stockton, Hartlepool, Redcar, Cleveland and Darlington, in particular but not exclusively the Chinese community without distinction of sex, sexual orientation, race or of political, religious or other opinions, by association together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and other leisure time occupations with the objects of improving the conditions of life of the said inhabitants.

2) To establish or secure the establishment of a community centre (hereinafter called 'The Centre') and to maintain and manage the same whether alone or in co-operation with any local authority or person or body in furtherance of these objects.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Significant activities

The charity undertakes the following activities:-

1) Education and training

2) Overseas aid & famine relief

3) Activities relating to arts, culture, heritage & science

4) Amateur sport

5) Activities relating to the environment, conservation and heritage.

Achievements and performance
Significant activities and achievements against objectives

Charitable activities

The trustees consider that during the year the charity has met its objectives. Details of the charity's financial performance are included on pages 4 to 11.

Financial review
Reserves policy

Reserves policy

The charity's reserves are maintained to cover at least 2 months expenditure.

Structure, governance and management

Trustees are elected every year in the charity's Annual General Meeting.

TEES VALLEY CHINESE COMMUNITY CENTRE LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr J T Cheung
Mr E Wong
Mrs S Chan
Mr P Wong
Mr T Ha
Mr J Chow
Ms E Chow
Mr Danny Chau
Mrs Lai Ho
Mr Stephen Ho
Mr Lai Leung
Mrs Kew Lim
Mrs Choon Neoh
Mr Paul Wong
Recruitment and appointment of trustees

The trustees' r eport was approved by the Board of Trustees.

Mrs S Chan
Trustee
16 March 2026
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TEES VALLEY CHINESE COMMUNITY CENTRE LTD
- 3 -

I report to the trustees on my examination of the financial statements of Tees Valley Chinese Community Centre Ltd (the charity) for the year ended 30 September 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Davies Tracey
Swan House
Westpoint Road
Teesdale Business Park
Stockton on Tees
TS17 6BP
16 March 2026
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
2
19,346
-
19,346
13,479
-
13,479
Total income
19,346
-
19,346
13,479
-
13,479
Expenditure on:
Charitable activities
3
32,144
82
32,226
28,580
96
28,676
Total expenditure
32,144
82
32,226
28,580
96
28,676
Net expenditure
(12,798)
(82)
(12,880)
(15,101)
(96)
(15,197)
Transfers between funds
-
-
-
11,154
(11,154)
-
Net movement in funds
4
(12,798)
(82)
(12,880)
(3,947)
(11,250)
(15,197)
Reconciliation of funds:
Fund balances at 1 October 2024
669,576
545
670,121
673,523
11,795
685,318
Fund balances at 30 September 2025
656,778
463
657,241
669,576
545
670,121

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

TEES VALLEY CHINESE COMMUNITY CENTRE LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 5 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
8
654,574
668,515
Current assets
Cash at bank and in hand
3,796
2,636
Creditors: amounts falling due within one year
Other creditors
9
1,129
1,030
Net current assets
2,667
1,606
Total assets less current liabilities
657,241
670,121
The funds of the charity
Restricted income funds
10
463
545
Unrestricted funds
11
656,778
669,576
657,241
670,121

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 16 March 2026
Mrs S Chan
Trustee
Company registration number 04893671 (England and Wales)
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
1
Accounting policies
Charity information

Tees Valley Chinese Community Centre Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is Swan House, Westpoint Road, Teesdale Business Park, Stockton - on - Tees, Cleveland, TS17 6BP.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The ability of the company to continue its operations is largely dependent upon being able to secure grants and other funding in advance and during the course of project being undertaken.

The company has obtained funding to secure its short term future. However the company's long term future is dependent upon contracts for similar funding being secured.

The director's believe that the company's objective places it in a strong position to obtain such funding.

Therefore the financial statements have been prepared on a going concern basis on the grounds that the company will be able to secure adequate funding in order to carry out the proposed project.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

TEES VALLEY CHINESE COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 7 -
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% on reducing balance
Plant and equipment
15% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

TEES VALLEY CHINESE COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 8 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.9
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Donations and gifts
16,581
12,039
Membership fees
2,765
1,440
19,346
13,479
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 9 -
3
Expenditure on charitable activities
Heading #ac982
Heading #ac982
2025
2024
£
£
Direct costs
Depreciation and impairment
13,941
14,329
Enter ac905 in database
18,284
14,347
32,225
28,676
Analysis by fund
Unrestricted funds
32,144
28,580
Restricted funds
82
96
32,226
28,676
4
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
-
-
Depreciation of owned tangible fixed assets
13,941
14,329
5
Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

None of the trustees (or any persons connected with them) received any expenses from the charity during the year.

6
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Total
0
0
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel

The remuneration of key management personnel was as follows:

TEES VALLEY CHINESE COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 10 -
7
Taxation

The charity is exempt from tax ation on its activities because all its income is applied for charitable purposes.

8
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Total
£
£
£
Cost
At 1 October 2024
954,296
31,133
985,429
At 30 September 2025
954,296
31,133
985,429
Depreciation and impairment
At 1 October 2024
290,172
26,742
316,914
Depreciation charged in the year
13,282
659
13,941
At 30 September 2025
303,454
27,401
330,855
Carrying amount
At 30 September 2025
650,842
3,732
654,574
At 30 September 2024
664,124
4,391
668,515
9
Other creditors falling due within one year
2025
2024
£
£
Accruals and deferred income
1,129
1,030
10
Restricted funds

The restricted funds of the charity compri se the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be use d.

At 1 October 2024
Resources expended
Transfers
At 30 September 2025
£
£
£
£
545
(82)
-
463
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
10
Restricted funds
(Continued)
- 11 -
Previous year:
At 1 October 2023
Resources expended
Transfers
At 30 September 2024
£
£
£
£
11,682
(96)
(11,154)
432
Restricted
113
-
-
113
11,795
(96)
(11,154)
545
11
Unrestricted funds

The unrestricted funds of the charity compri se the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be use d. The se include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 October 2024
Incoming resources
Resources expended
Transfers
At 30 September 2025
£
£
£
£
£
General funds
669,576
19,346
(32,144)
-
656,778
Previous year:
At 1 October 2023
Incoming resources
Resources expended
Transfers
At 30 September 2024
£
£
£
£
£
General funds
673,523
13,479
(28,580)
11,154
669,576
12
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 30 September 2025:
Tangible assets
654,111
463
654,574
Current assets/(liabilities)
2,667
-
2,667
656,778
463
657,241
TEES VALLEY CHINESE COMMUNITY CENTRE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
12
Analysis of net assets between funds
(Continued)
- 12 -
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 30 September 2024:
Tangible assets
667,970
545
668,515
Current assets/(liabilities)
1,606
-
1,606
669,576
545
670,121
13
Financial commitments, guarantees and contingent liabilities

Capital grants received in previous years of £926,000 may be repayable if certain conditions are not met.

14
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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