Shaolin Temple UK China Cultural Funds
Providing the public with opportunities to learn Chinese culture by offering knowledge and lessons in the Shaolin Gong Fu martial art.
Objects
FOR THE PUBLIC BENEFIT IN LONDON AND ELSEWHERE BY ADVANCING EDUCATION IN CHINESE PHILOSOPHY, RELIGION, HISTORY, CULTURE AND OTHER SUBJECTS AND BY PROVIDING AND ASSISTING IN THE PROVISION OF FACILITIES FOR THE RECRETION AND LEISURE TIME OCCUPATION OF ELDERLY PERSONS AND OTHERS IN THE INTRESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THOSE PERSONS FOR WHOM THE FACILITIES ARE PROVIDED.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £2,337 for the year ended 31 December 2024, resulting in total funds decreasing from £21,247 to £18,910. The trustees confirm the financial statements are prepared on a going concern basis, citing sufficient funds to meet liabilities as they fall due. Unrestricted reserves stood at £17,035, while restricted reserves remained unchanged at £1,875.
What the accounts disclose
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- YANZI SHIchair
- Akindele Akinsiku
- Milan Kapetan
- PEIXIN GUAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £97k | £100k |
| 31/12/2023 | £109k | £101k |
| 31/12/2022 | £131k | £143k |
| 31/12/2021 | £124k | £101k |
| 31/12/2020 | £76k | £84k |
Common questions
Is Shaolin Temple UK China Cultural Funds financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £2,337 for the year ended 31 December 2024, resulting in total funds decreasing from £21,247 to £18,910. The trustees confirm the financial statements are prepared on a going concern basis, citing sufficient funds to meet liabilities as they fall due. Unrestricted reserves stood at £17,035, while restricted reserves remained unchanged at £1,875. Its FY2024 accounts were independently examined.