MING-AI ASSOCIATION
Registered charity 1015621 · accounts filings on the Charity Commission register · also known as MING AI LONDON INSTITUTE · listed website unreachable when last crawled
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £28,866 for the year ended 30 September 2025, with total incoming resources of £269,719 against resources expended of £240,853. Per the trustees' report, unrestricted funds were in a deficit position of £2,138 at the start of the year but recovered to a positive balance of £26,728 by year-end, maintaining the policy target of three to six months' expenditure. The auditor confirmed that resources are adequate to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
Reserves policy: three and six month’s expenditure (held: £27k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Grace Chung received £3,420 for professional services as a lecturer and supervisor.
“During the period ended 30 September 2025, Grace Chung, a trustee of the charity, received remuneration totaling £3,420 (2024: £3,000) for professional services as a lecturer and supervisor for the MA course.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration
“During the period ended 30 September 2025, Grace Chung, a trustee of the charity, received remuneration totaling £3,420 (2024: £3,000) for professional services as a lecturer and supervisor for the MA course. These payments are classified within Higher Education lecturers' expenses in the Statement of Financial Activities. These payments were made under the authority provided in the charity’s governing document and represent a market rate for the services provided. In accordance with the charity’s conflict of interest policy, Grace Chung was not involved in the decision-making process regarding her appointment or the setting of these fees.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by UY Accountants Ltd.
Trustees
- PROF JONATHAN TAI LECK LIUchair
- Andrew Waha Kwok
- Grace Chung
- Ibrahim Sirkeci
- Wilson Ng
Trustee list from the Charity Commission register (current, not historical).
Operates in: Haringey
Income and spending
Common questions
Is MING-AI ASSOCIATION financially healthy?
The accounts state that the charity achieved a surplus of £28,866 for the year ended 30 September 2025, with total incoming resources of £269,719 against resources expended of £240,853. Per the trustees' report, unrestricted funds were in a deficit position of £2,138 at the start of the year but recovered to a positive balance of £26,728 by year-end, maintaining the policy target of three to six months' expenditure. The auditor confirmed that resources are adequate to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by UY Accountants Ltd.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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