FUNG SHAN FOUNDATION
Under the terms of the trust deed the trustees are empowered to apply funds of the charity and any income thereof to or for such charity or charities or for such charitable purpose or purposes in such porportions or in such manner in all respects as in their absolute discretion they think fit.
Objects
TO PAY OR APPLY THE TRUST FUND AND THE INCOME THEREOF TO OR FOR SUCH CHARITY OR CHARITIES OR FOR SUCH CHARITABLE PURPOSE OR PURPOSES AS THE TRUSTEES THINK FIT INCLUDING THE ADVANCEMENT OF EDUCATION, THE ADVANCEMENT OF RELIGION AND THE RELIEF OF POVERTY.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £1,622,047, supported by investment income of £26,627 and charitable donations of £19,000. The charity holds £1,098,247 in cash and £525,000 in investment properties, with minimal liabilities of £1,200. The trustees confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Donations from individuals - 1,599,712” — page 10
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Edward Tsui
- Joseph Ho
- Lawrence Lee
- Ming Chi Kwok
- Rev Ka Leung Shin
- Shucai Liang
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £19k |
| 31/03/2024 | £1.6m | £11k |
| 31/03/2023 | £0 | £0 |
| 05/04/2022 | £0 | £0 |
| 05/04/2021 | £0 | £0 |
Common questions
Is FUNG SHAN FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £1,622,047, supported by investment income of £26,627 and charitable donations of £19,000. The charity holds £1,098,247 in cash and £525,000 in investment properties, with minimal liabilities of £1,200. The trustees confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.