UK FEDERATION OF CHINESE SCHOOLS
The UKFCS provides textbooks and other teaching materials to our members as well as organises teacher training conference annually.Besides educational work, the UKFCS also provide recreational and cultural activities for its members.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £27,449, increasing its unrestricted funds to £195,443. The trustees' report indicates that the charity maintains reserves at a level sufficient to cover management and administration costs, with no specific monetary target defined in the policy. The independent examiner confirmed that the accounts comply with applicable requirements and no matters were identified that would cause concern regarding the financial statements.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which would provide sufficient funds to cover management, administration and support costs.” — page 6
Trustees
- Ching Wan Li
- Guo Zhen He
- KAM YEE LI
- Mei Sim Merry
- Wai Yin Chung Chan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £39k | £11k |
| 31/12/2023 | £30k | £8k |
| 31/12/2022 | £25k | £27k |
| 31/12/2021 | £25k | £23k |
| 31/12/2020 | £33k | £15k |
Common questions
Is UK FEDERATION OF CHINESE SCHOOLS financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £27,449, increasing its unrestricted funds to £195,443. The trustees' report indicates that the charity maintains reserves at a level sufficient to cover management and administration costs, with no specific monetary target defined in the policy. The independent examiner confirmed that the accounts comply with applicable requirements and no matters were identified that would cause concern regarding the financial statements. Its FY2024 accounts were independently examined.