## **Trustees’ Annual Report for the period**
## **From 1-1-2024 Period start date To 31-12-2024 (Period end date)**
## **Charity name: YOUN HWA SA**
## **Charity registration number: 1047554**
## **Objectives and Activities**
|**Objectives and Activities**|**Objectives and Activities**|**Objectives and Activities**|
|---|---|---|
|SORP reference|||
|Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
ITS MAIN OBJECTIVE IS TO PROMOTE
THE BUDDHIST RELIGION TO THE
TRADITIONS OF THE CHOGEJONG
SCHOOL OF BUDDHISM AS FOLLOWED
IN KOREA AND ESTABLISHMENT OF A
BUDDHIST CENTRE OR NUNNERIES
AND RETREATS IN THE UNITED
KINGDOM.|||
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
A CENTRES HAS BEEN ESTABLISHED
IN KINGSTON UPON THAMES, SURREY
WHERE THE ACTIVITIES ARE CARRIED
ON.|||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18||
## **Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|SORP reference|||
|Policy on grant making
Para 1.38
PER ACCOUNTS (TO PROMOTE
BUDDHIST RELIGION)|||
|Policy on social investment
including program related
investment
Para 1.38
PER ACCOUNTS (ONLY FREEHOLD
PROPERTY HELD)|||
|Contribution made by
volunteers|Para 1.38||
Other
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
KOREAN BUDDHISTS HAVE
**----- End of picture text -----**
|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
|||KOREAN BUDDHISTS HAVE|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|PARTICIPATED AND ENJOYED
WORSHIPPING AT THE FREEHOLD
PROPERTY IN KINSTON-UPON-THAMES
AND THE CHARITY ASSISTS IN
MEETING KOREAN TEMPLE EXPENSES.|
**Additional information (optional)** You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
**----- End of picture text -----**
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|PER ACCOUNTS (THE CHARITY HAS
SURPLUS OF UNRESTRICTED FUNDS
OF £385,586)|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Donations from the devotees attending the
centre.|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**TRUST DEED**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**TRUST**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**FORMAL ELECTION**|
**Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
||||
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name YOUN HWA SA
Other name the charity uses
Registered charity number 1047554
Charity’s principal address 5 WATERS ROAD, KINGSTON UPON THAMES
SURRY
KT1 3LW
**----- End of picture text -----**
**Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 I H PARK
2 D S PARK
3 S W LEE
4 Y O FINLEY
5 G D KANG
6 K B PARK
7 N G JOO
8 Y J CHOI CHAIRPERSON
9 S Y JEONG
10 Y S HWANG
11 S C YANG
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser **|||
|**Accountants**|Krish Jermyn|Unit 2, Bradburys Court, Lyon road, Harrow HA1 2BY.|
||||
||||
||||
|**Name of chief**|**executive or names of senior staff members (Optional information)**||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Y J CHOI **Position (eg Secretary,** CHAIRPERSON **Chair, etc) Date** 11th DECEMBER 2025 ~~fF~~
**CHARITY REGISTRATION NUMBER: 1047554**
## **YOUN HWA SA**
**Unaudited Financial Statements 31 December 2024**
## **YOUN HWA SA**
## **Financial Statements**
## **Year ended 31 December 2024**
||**Pages**|
|---|---|
|Trustees' annual report|**1 to 3**|
|Statement of financial activities|**5**|
|Statement of financial position|**6**|
|Notes to the financial statements|**7 to 11**|
|**The following pages do not form part of the financial statements**||
|Detailed statement of financial activities|**13**|
## **YOUN HWA SA**
## **Trustees' Annual Report**
## **Year ended 31 December 2024**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
## **Reference and administrative details**
**Registered charity name** YOUN HWA SA **Charity registration number** 1047554 **Principal office** 5 Waters Road Kingston upon Thames Surrey KT1 1RE
**The trustees**
In Ha Park Mrs D S Park Mr S W Lee Mrs Y Finley Mr G D Kang Mr K B Park Mr N G Joo Mr Mr Y J Choi (Chairperson) Mrs Soon Young Jeong MR Y S Hwang
**Independent examiner** Krish Jermyn Chartered accountants Certified Accountants Unit 2, Bradburys Court Lyon Road Harrow, Middlesex HA1 2BY
## **Bankers**
Lloyds Bank Kingston U Thames 1 Legg St Chelmsford Essex
**- 1 -**
## **YOUN HWA SA**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF YOUN HWA SA**
## **YEAR ENDED 31 DECEMBER 2024**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
## **Trustees**
The trustees named on page 1 have served throughout the period.
## **Objectives and activities**
YOUN HWA SA is a charitable trust constituted by the Trust Deed and its main objects are to promote the Buddhist religion principally according to the traditions of the Chogejong School of Buddhism as followed in Korea and establishment of a Buddhist centre or nunneries and retreats in the United Kingdom and elsewhere.
## **Financial review**
Korean Buddhists have participated and enjoyed worshipping at the freehold property in Kingston-Upon-Thames and the charity assists in meeting Korean Temple expenses.
## **Statement of trustees’ responsibilities**
The trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees Annual Report and the financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Company law requires the charity trustees required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the FRS 102. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Statement of trustees’ responsibilities**
This report has been prepared in accordance with the provisions applicable to companies entitled to small companies’ exemption.
The trustees' annual report was approved on 11 December 2025 and signed on behalf of the board of trustees by:
Mr Y J Choi Trustee
**- 2 -**
## **YOUN HWA SA**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF YOUN HWA SA**
## **YEAR ENDED 31 DECEMBER 2024**
I report to the trustees on my examination of the financial statements of Youn Hwa Sa (“the charity”) for the year ended 31 December 2024.
## **Respective responsibilities and basis of report**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the Charities Act), and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) (b) of the Charities Act); and
- to state whether particular matters have come to my attention.
## **Basis of Independent examiner’s statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on whether the accounts present a 'true and fair view'.
## **Independent examiner’s statement**
In connection with my examination, no material matters have come to my attention, which gives me cause to believe that:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirement concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
**- 3 -**
## **YOUN HWA SA**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF YOUN HWA SA**
## **YEAR ENDED 31 DECEMBER 2024**
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Krish Jermyn**
Chartered Certified Accountants Unit 2, Bradburys Court Lyon Road, Harrow, Middlesex HA1 2BY
11 December 2025
**- 4 -**
## **YOUN HWA SA**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **Year ended 31 December 2024**
|**Year ended 31 December 2024**|||||
|---|---|---|---|---|
|||**2024**||2023|
|||Unrestricted|||
|||funds **Total funds**||Total funds|
||**Note**|**£**|**£**|£|
|**Income and endowments**|||||
|Donations and legacies|**4**|–|**36,643**|36,391|
|Investment income|**5**|–|**539**|383|
|||---------------|-------------------------------|-------------------------------|
|**Total income**||–|**37,182**|36,774|
|||===============|===============================|===============================|
|**Expenditure**|||||
|Expenditure on raising funds:|||||
|Costs of raising donations and legacies|**6**|–|**8,750**|6,200|
|Costs of other trading activities|**7**|–|**8,317**|6,818|
|||---------------|-------------------------------|-------------------------------|
|**Total expenditure**||–|**17,067**|13,018|
|||===============|===============================|===============================|
|||---------------|-------------------------------|-------------------------------|
|**Net income and net movement in funds**||–|**20,115**|23,756|
|||===============|===============================|===============================|
|**Reconciliation of funds**|||||
|Total funds brought forward|||**385,086**|361,330|
||||------------------------------------|------------------------------------|
|**Total funds carried forward**|||**405,201**|385,086|
|||====================================|====================================|====================================|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 7 to 11 form part of these financial statements.**
**- 5 -**
## **YOUN HWA SA**
## **STATEMENT OF FINANCIAL POSITION**
## **31 December 2024**
|**31 December 2024**|||||
|---|---|---|---|---|
|||**2024**||2023|
||**Note**|**£**|**£**|£|
|**Fixed assets**|||||
|Tangible fixed assets|**10**||**84,434**|84,434|
|**Current assets**|||||
|Cash at bank and in hand||**327,787**||307,072|
|**Creditors: amounts falling due within one**|||||
|**year**|**11**|**7,020**||6,420|
|||------------------------------------||------------------------------------|
|**Net current assets**|||**320,767**|300,652|
||||------------------------------------|------------------------------------|
|**Total assets less current liabilities**|||**405,201**|385,086|
||||------------------------------------|------------------------------------|
|**Net assets**|||**405,201**|385,086|
||||====================================|====================================|
|**Funds of the charity**|||||
|Unrestricted funds|||**385,086**|361,330|
|Net movement of funds for the year|||**20,115**|23,756|
||||------------------------------------|------------------------------------|
|**Total charity funds**|**12**||**405,201**|385,086|
||||====================================|====================================|
These financial statements were approved by the board of trustees and authorised for issue on 11 December 2025, and are signed on behalf of the board by:
Mr Y J Choi Trustee
**The notes on pages 7 to 11 form part of these financial statements.**
**- 6 -**
## **YOUN HWA SA**
## **Notes to the Financial Statements**
## **Year ended 31 December 2024**
## **1. General information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 5 Waters Road, Kingston Upon Thames, Surrey, KT1 3LW.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3. Accounting policies**
## **3.(i) Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **3.(ii) Going concern**
There are no material uncertainties about the charity's ability to continue.
## **3.(iii) Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
**- 7 -**
## **YOUN HWA SA**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **3. Accounting policies** _**(continued)**_
## **3.(iv) Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
## **3.(v) Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
**- 8 -**
## **YOUN HWA SA**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **3.(vi) Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **3.(vii) Tangible assets**
All fixed assets are initially recorded at cost.
## **3.(viii) Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
**- 9 -**
## **YOUN HWA SA**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **3.(ix) Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
## **4. Donations and legacies**
|**Total**
**Donations**
Donations|**Funds**
**2024**
Total Funds
2023
**£**
£
**36,643**
36,391|
|---|---|
## **5. Investment income**
Building society interest receivable
|**Total Funds**|
Total Funds|
|---|---|
|**2024**|2023|
|**£**|£|
|**539**
===============|383
===============|
## **6. Costs of raising donations and legacies**
|**Costs of raising donations and legacies**|||
|---|---|---|
||**Total Funds**|
Total Funds|
||**2024**|2023|
||**£**|£|
|Costs of raising donations and legacies - Donations|**2,600**|300|
|Costs of raising donations and legacies - Other type 2|**6,150**|5,900|
||--------------------------|--------------------------|
||**8,750**|6,200|
||==========================|==========================|
|**Costs of other trading activities**|||
||**Total Funds**|
Total Funds|
||**2024**|2023|
||**£**|£|
|Costs of other trading activities - Membership schemes and|||
|social lotteries|**8,317**|6,818|
||==========================|===============================|
## **7. Costs of other trading activities**
**- 10 -**
## **YOUN HWA SA**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **8. Staff costs**
The average head count of employees during the year was 1 (2023: 1). The average number of full-time equivalent employees during the year is analysed as
|follows:|**2024**|2023|
|---|---|---|
||**No.**|No.|
|Number of staff|**1**|1|
||`════`|`════`|
No employee received employee benefits of more than £60,000 during the year was NIL (2023: Nil).
## **9. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees; or
## **10. Tangible fixed assets**
||Land and|
Fixtures and||
|---|---|---|---|
||buildings|fittings|**Total**|
||£|£|**£**|
|**Cost**||||
|**At 1 January 2024 and 31 December 2024**|75,881|8,553|**84,434**|
||===============================|==========================|===============================|
|**Depreciation**||||
|**At 1 January 2024 and 31 December 2024**|–|–|**–**|
||===============================|==========================|===============================|
|**Carrying amount**||||
|**At 31 December 2024**|75,881|8,553|**84,434**|
||===============================|==========================|===============================|
|At 31 December 2023|75,881|8,553|84,434|
||===============================|==========================|===============================|
|**Creditors:** **amounts falling due within one year**||||
|||**2024**|2023|
|||**£**|£|
|Accruals and deferred income||**7,020**
==========================|6,420
==========================|
## **11. Creditors: amounts falling due within one year**
## **12. Analysis of charitable funds**
**Unrestricted funds**
Unrestricted funds as at 1 January 2024 Unrestricted funds movement during the year
Unrestricted funds as at 31 December 2024
**At 1 January 2024 and 31 December 2024 £ 385,086 20,115** `═════════════` **405,201** `═════════════`
**- 11 -**
**YOUN HWA SA**
## **MANAGEMENT INFORMATION**
## **YEAR ENDED 31 DECEMBER 2024**
**The following pages do not form part of the financial statements.**
**- 12 -**
||**2024**|2023|
|---|---|---|
||**£**|£|
|**Income and endowments**|||
|**Donations and legacies**|||
|Donations|**36,643**|36,391|
||-------------------------------|-------------------------------|
|**Investment income**|||
|Building society interest receivable|**539**|383|
||---------------|---------------|
||-------------------------------|-------------------------------|
|**Total income**|**37,182**|36,774|
||===============================|===============================|
|**Expenditure**|||
|**Costs of raising donations and legacies**|||
|Wages and salaries|**6,150**|5,900|
|Other office costs|**2,600**|300|
||-------------------------------|-------------------------------|
||**8,750**|6,200|
||-------------------------------|-------------------------------|
|**Costs of other trading activities**|||
|Rates and water|**2,235**|1,710|
|Light and heat|**300**|1,186|
|Repairs and maintenance|**1,226**|**–**|
|Other establishment|**278**|159|
|Motor vehicle expenses|**1,651**|1,045|
|Legal and professional fees|**600**|600|
|Telephone|**1,219**|1,227|
|Other office costs|**156**|144|
|Dining|**652**|747|
||--------------------------|-------------------------------|
||**8,317**|6,818|
||--------------------------|-------------------------------|
||-------------------------------|-------------------------------|
|**Total expenditure**|**17,067**|13,018|
||===============================|===============================|
||-------------------------------|-------------------------------|
|**Net income**|**20,115**|23,756|
||===============================|===============================|
**- 13 -**
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name Youn HWA SA **members of On accounts for the year** 31 DECEMBER 2024 **ended Set out on pages**
**Charity no (if any)** 1-13(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/ 12 / 2024** .
**Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Signed: Date:** 11/12/2025 ~~[|~~ **Name:** Roopesh Vaghjee ~~Ps~~ **Relevant professional** FCCA **qualification(s) or body (if any): Address:** Krish Jermyn Unit 2 Bradburys Court, Lyon Road Harrow HA1 2BY.
**October 2018**
1
**IER**
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
NONE
**October 2018**
2
**IER**