HARINGEY CHINESE CENTRE
SERVICES AND ACTIVITIES: HOUSING RELATED SUPPORTING PEOPLE ADVICE ON WELFARE, BENEFIT & HOUSING, FESTIVALS CELEBRATIONS, HEALTH TALKS, ADULT ENGLISH CLASS, WOMEN GROUP, INTEREST CLASSES, CHINESE LANGUAGE SCHOOL, WORKSHOPS & TRAINING PROGRAMS AND OUTINGS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £44,163 for the year ended 31 March 2025, resulting in a decrease in total reserves from £744,246 to £700,083. The trustees report that free/unrestricted reserves stood at £nil, which is below the stated policy target of three to six months' unrestricted expenditure (estimated at £50,000). However, the auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charitable company 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 unrestricted expenditure, which the trustees estimate to be around £50,000.” — page 5
Property (HM Land Registry)
Trustees
- CHAN KEUNG HO
- Denise Ng
- GAVIN FUNG
- Helena Ng
- Hoi Yat Tsoi
- Hong Wei Li
- Khoi Lai Tang
- MEN LIN CHEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £86k | £110k |
| 31/03/2024 | £80k | £115k |
| 31/03/2023 | £80k | £103k |
| 31/03/2022 | £71k | £93k |
| 31/03/2021 | £74k | £89k |
Common questions
Is HARINGEY CHINESE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £44,163 for the year ended 31 March 2025, resulting in a decrease in total reserves from £744,246 to £700,083. The trustees report that free/unrestricted reserves stood at £nil, which is below the stated policy target of three to six months' unrestricted expenditure (estimated at £50,000). However, the auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Bacha & Bacha (Audit) Limited.