Registered Number: 03085645 England and Wales
SAENGSU KOREAN CHURCH
Trustees' Report and Unaudited Accounts
Period of accounts
Start date: 01 August 2024
End date: 31 July 2025
SAENGSU KOREAN CHURCH Contents Page For the year ended 31 July 2025
| Company information | 3 |
|---|---|
| Directors' report | 4 |
| Accountants' report | 6 |
| Income statement | 7 |
| Statement of financial position | 8 |
| Notes to the financial statements | 10 |
| Detailed Income Statement | 12 |
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SAENGSU KOREAN CHURCH Company Information For the year ended 31 July 2025
| Directors | Hyun Jung |
|---|---|
| Dong-Pill Oh | |
| Taeho Jeong | |
| Registered Number | 03085645 |
| Registered Office | 112 Morden Road |
| London | |
| SW19 3BP | |
| Accountants | Geoffrey Nathan Associates |
| 112 Morden Road | |
| London | |
| SW19 3BP |
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SAENGSU KOREAN CHURCH Directors' Report For the year ended 31 July 2025
Trustees Annual Report
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the ended 31 July 2025.
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The directors who served the company throughout the year were as follows:
Hyun Jung
Dong-Pill Oh Taeho Jeong
Additional Notes
Structure, governance and management
The SAENGSU KOREAN CHURCH is a registered charity and is governed by its own constitution, The operational management of the organisation's day to day activities are delegated to trustees.
Objectives and activities
The main object of the company is:
To advance the Christianity religion in UK for the benefit of the public through the holding of prayer meeting, lectures, worship and public celebration of religious festivals producing and distributing literature on Christianity to enlighten others about the Christianity.
Achievements and performance
The church had a donations of £45,873 for the year. Expenditure for the year amounted to £47,087 giving a deficit of £1,214.
Statement of trustees' responsibilities
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies under Part15 of the Companies Act 2006 and in accordance with the Charities SORP(FRS102).
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SAENGSU KOREAN CHURCH Directors' Report For the year ended 31 July 2025
This report was approved by the board and signed on its behalf by:
Hyun Jung Director
Date approved: 25 February 2026
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SAENGSU KOREAN CHURCH Accountants' Report For the year ended 31 July 2025
I report to the trustees on my examination of the accounts of the above charity (the Trust) for the year ended 31 July 2025.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of the Trusts accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 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 requirements 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.
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.
.................................................... Geoffrey Nathan Associates 112 Morden Road London SW19 3BP 25 February 2026
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SAENGSU KOREAN CHURCH Income Statement For the year ended 31 July 2025
| Notes Income Gross profit Administrative expenses Operating loss 2 Profit/(Loss) on ordinary activities before taxation Tax on profit on ordinary activities Profit/(Loss) for the financial year |
2025 £ 45,873 45,873 (47,087) (1,214) (1,214) 0 (1,214) |
2024 £ 36,316 |
|---|---|---|
| 36,316 (46,064) |
||
| (9,748) | ||
| (9,748) 0 |
||
| (9,748) |
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SAENGSU KOREAN CHURCH Statement of Financial Position As at 31 July 2025
| Notes Fixed assets Tangible fixed assets 4 Current assets Cash at bank and in hand Creditors: amount falling due within one year 5 Net current assets Total assets less current liabilities Net assets Funds of the Charity Unrestricted funds 6 Members' funds |
2025 £ 0 0 1,465 (959) 506 506 506 506 506 |
2024 £ 231 |
|---|---|---|
| 231 2,797 (1,309) |
||
| 1,488 | ||
| 1,719 | ||
| 1,719 | ||
| 1,719 | ||
| 1,719 |
For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
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SAENGSU KOREAN CHURCH Statement of Financial Position As at 31 July 2025
The financial statements were approved by the board of directors on 25 February 2026 and were signed on its behalf by:
Hyun Jung Director
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SAENGSU KOREAN CHURCH Notes to the Financial Statements For the year ended 31 July 2025
General Information
SAENGSU KOREAN CHURCH is a private company, limited by guarantee, registered in England and Wales, registration number 03085645, registration address 112 Morden Road, London, SW19 3BP.
The presentation currency is £ sterling.
1. Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 25% Reducing Balance
2. Operating profit/(loss)
2025 2024 £ £ The operating loss is stated after charging: Depreciation of tangible fixed assets 232 232
3. Average number of employees
Average number of employees during the year was 3 (2024 : 3).
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SAENGSU KOREAN CHURCH Notes to the Financial Statements For the year ended 31 July 2025
4. Tangible fixed assets
| Cost or valuation At 01 August 2024 Additions Disposals At 31 July 2025 Depreciation At 01 August 2024 Charge for year On disposals At 31 July 2025 Net book values Closing balance as at 31 July 2025 Opening balance as at 01 August 2024 |
Computer Equipment £ 929 - - 929 698 231 - 929 - 231 |
Total £ 929 - - |
|---|---|---|
| 929 | ||
| 698 231 - |
||
| 929 | ||
| - | ||
| 231 |
5. Creditors: amount falling due within one year
| PAYE & Social Security Accrued Expenses Other Creditors Wages & Salaries Control Account NEST |
2025 £ 0 960 (1) 0 0 959 |
2024 £ 143 840 0 275 51 1,309 |
|---|---|---|
6. Unrestricted funds
| Balance at 01 August 2024 Loss for the year Balance at 31 July 2025 |
2025 £ 1,720 (1,214) 506 |
|---|---|
7. Company Limited by Guarantee
The company is limited by guarantee and therefore has no shares.
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SAENGSU KOREAN CHURCH Detailed Income Statement For the year ended 31 July 2025
| Income Donation Income Gross profit Administrative expenses Wages & Salaries Pension Contributions Accountancy Fees Legal and Professional Fees (Allowable) Rent Depreciation Charge: Computer Equipment General Insurance Stationery & Postage Canteen Sundry Expenses Donations Operating loss Profit/(Loss) on ordinary activities before taxation Profit/(Loss) for the financial year |
30,449 374 960 284 7,488 232 623 65 224 2,075 4,313 |
2025 £ 45,873 45,873 45,873 (47,087) (1,214) (1,214) (1,214) |
26,970 421 840 100 7,660 232 305 639 1,088 1,826 5,983 |
2024 £ 36,316 |
|---|---|---|---|---|
| 36,316 | ||||
| 36,316 (46,064) |
||||
| (9,748) | ||||
| (9,748) | ||||
| (9,748) |
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