CHINESE IN WALES ASSOCIATION
To promote social inclusion for the public benefit by working with people in Wales who are socially excluded on the grounds of their ethnic origin, age, disability, ill health, poverty and other personal circumstances, in particular members of the Chinese community, to relieve the needs of such people and assist them to integrate into society.
Financial health, per its FY2025 accounts
The accounts state that total income for the year ended 31 March 2025 was £553,335, resulting in a net surplus of £25,062. The charity holds free unrestricted reserves of £104,898, which the trustees describe as a prudent buffer to ensure continuity of essential operations.
What the accounts disclose
“It is the policy of the charity that unrestricted funds not designated for a specific purpose are maintained at a level equivalent to between three and six months of core operating expenditure.” — page 8
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Professor Yan Wuchair
- Dr CHING-YI CHEN
- Jennifer Ken Yan Lam
- Oiling Wong
- Professor Uzo Iwobi CBE
- Professor Xianghua Xie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £553k | £528k |
| 31/03/2024 | £536k | £503k |
| 31/03/2023 | £416k | £396k |
| 31/03/2022 | £291k | £255k |
| 31/03/2021 | £104k | £121k |
Common questions
Is CHINESE IN WALES ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year ended 31 March 2025 was £553,335, resulting in a net surplus of £25,062. The charity holds free unrestricted reserves of £104,898, which the trustees describe as a prudent buffer to ensure continuity of essential operations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 28/06/2024 | £25k | Unrestricted Funding |
| The National Lottery Heritage Fund | 06/06/2023 | £100k | "Our Stories: Collecting the oral histories of the Chinese community in Wales" |
| The National Lottery Community Fund | 26/11/2020 | £440k | Find Me |
| The National Lottery Community Fund | 07/07/2020 | £10k | COVID-19 - Getting through Covid-19 |
| UK government | 20/05/2020 | £3k | VSCE CMC Fund |
| The National Lottery Community Fund | 21/06/2019 | £100k | Stand Up For You Project |
| The National Lottery Community Fund | 19/12/2018 | £10k | Support Me |