REGISTERED CHARITY NUMBER: 1108135
of the Trustees arwj
tements ft>r the Year
r 2024
THE HANBE￿ KOREN PRESBYfERIAN
Lee & Capital Pathers Ltd
Chartered Certified AccountarTts
30 Groveland Way
N&•V Malden
Surrey
KT3 5BT

Contents of the Financial Ststements
for the Year Ended 31 Decelllber 2024
Page
ReFK)rt of the Trustse5
1 to 2
Independent Examinerfs ReTX)rt
Statsment of Financial Activitses
Balan￿ Sheet
Notss to the Financial Slaternents
6 to 10
Detslted Statement of Financial Activibes
11

NPRE
rt of Ihe Trusie
f r the Year Ended 31 December ?0?4
The trustees present their report Y￿th the financial statements of the charity for tha year ended 31 Decembèr 2024. The
trustees have adopted the provisions of Accounting and ReFK)rting by Charities: Statement of Recommended Practicè
applicxble to charities preparing their acwunts in accordance V￿th the Finartial Raportrng Stsndard applicable in the UK
and Republic of Ireland {FRS 102) (effective 1 January 20191.
OBJECTIVES AND ACnWTIES
Objectives and alms
To worship God wthin the Presbyterian faith.
To develop religious eduction for Korean speaknng congregation in arKI around LorKlon.
To provide a help network for underprivileged Koreans in the UK.
To support Korean communty projects in the UK, Europe and Korea.
Ta provide finanaal support for OVe￿eaS Christian mis&ons.
Significant activities
Provision of biannually financial support for overseas Christian missKm in Euro￿. Korea. China and Africa.
Organizing religious education
Delivery of finanaal aid and scholarships to underpriv￿eged Koreans in the UK and Korea
Public benefit
The charity acknowledges its requirement to demonstrate cleaty that ik must have charitable purposes or aims" that are for
the public benefft. The Trustees cOnfi￿S that they have paid due regard to the Charity Comfflission guidan￿ on public
benefit before deciding what activities the charity should undertake.
FINANCIAL REVIEW
Financial position
The results for the financial period are set out in the statement of Fina￿la] axivilies.
Overall the charity income totalling £307,972 12023: £300,472) with expenditure on charitable acbwties {induding other
costs) £321,118 12023.'£288,299}. resulting in a net outw'ng as al 31 D￿mber 2024 of £13.146 {2023'.£12,173 surplus)
Total funds as at 31 December 2024 are £508.411 {2023:£521.557}
Reserves policy
The trustees have considered the level of reseThes they wish to retain, appropriate to the charivs needs. This is based on
the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue
to fulfil its charitable objective even rf therE is a temporary shortfall in income or unexpecied expenditure. The trustees will
endeavour not to set aside funds unne(xsarily.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document, ¢xnstitutson.
Risk management
The trustees have a duty to identify and review the risks to which the tharitycharity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1108135
Principal address
122 London Road
Kingston Upon Thames
Surrey
KT2 6QJ
Page I

THE HANBEET KOREN PRESBYtERIAN
CH
Re rt of the Trusiees
for the Year Ended 31 December 2024
Trustees
J Y Lee Trustee
Y Chung Trustee
T Kim (re￿gned 23.6.24)
R Park Trustee
S B Lim Trustee (appointed 23.6.24}
Independent Examiner
Byung Hun Lee FCCA
Lee & Capital Partners Ltd
Chartered Cartified Accountants
30 Grovdand Way
New Malden
Suffey
KT3 5BT
Approved by order of the board of trustees on 20 Odober 2025 and svJned on its behalf by:
J Y Lee - Trustee
Pa%e 2

Ind
endent Examtnevs R
rt to the Trustees of
THE HANBEET KOREN PRESB YTERJAN CHURCH
Independent examlnerf8 report to the trustees of THE HANBEET KOREN PRESBYfERIAN CHURCH
I raport to the chartty trustees on my examination of tha accounts of THE HANBEEf KOREN PRES8￿ERlAN CHURCH
{the Trust) for the year ended 31 December 2024.
Responsibilltles and basis of report
As the charity trustees of the Trust you are reSp(￿s￿)le for the preparation of the accounts in accordance wth the
requirements of the Charities Act 2011 (Ihe Acri.
I report in respect of my examination of the Trusys accounts Ca￿led out under Section 145 of the Act and in carying out my
examination I have followed all applicable Directions given by the Charity Commission under Section 1495Xb) of the ACL
Independent examinerfs statement
Since your charity's gross income exceeded £250,(K)O your examiner must be a member of a listed body. I can confimi that I
am qualified to undertake the examination because l am a member of the Associalion of Chartered Certnled Accountants,
which is one of tre listed bodies.
I have completed my examination. I confim that no material matters have come to my attention in connection with the
examination g￿VIng m8 cause to believe that in any material respect
accounting records were not kept in rew of Trust as required by Section 130 of the Act. or
the accounts do not accord wth those ￿Cords., or
the accounts do not comply wtth the applicable requirements con¢%ming the fomi and content of accounts s8t out in
the Charities (Accounts and Reports) Regulations 2008 other than any requirem8nt that the acLounts 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 wilh th8 examination to which attention shoukl be
drawn in this report in order to enable a proper understandiThJ of the accounts to be reached.
Byung Hun Lee FCCA
Lee & Capital Partners Ltd
Chartered Cerbfied AcGountsnts
30 Groveland Way
New Malden
Surrey
KT3 5BT
20 October 2025
Page 3

THE HANBEEf KOREN PRE
Statement of Financial Activitias
f r the Year Ended 31 December ?0?4
31.12.24
Total
31.12.23
Unrestricted Restri¢t&l
fimds
INCOME AND ENDOWMENTS FROM
Donations and leg￿e8
307.670
307,670
300,234
Investment Inc￿
302
238
Total
307.972
307,972
300,472
EXPENDITURE ON
Charitable activlties
Charitable activibes
321,118
321.118
288.299
NET INCOMEI(EXPENDrruRE)
{13.146)
{13.146)
12,173
RECONCIUATION OF FUNDS
Total funds brought fO￿ard
2296
429261
521.557
509.384
TOTAL FUNDS CARRIED FORWARD
79,150
429,261
508,411
521,557
The notas forni part ofthese financial statements
Page 4

THE HANBEEf KOREN PRESB YfERIAN CHURCH
Balance Sheet
31 Decembet 2024
31.12.24
Total
funds
31.12.23
Unrestricted
fund
Restricted
fund
funds
FIXED ASSETS
Tangible assets
26.027
429261
455,288
451,563
CURRENT ASSETS
Cash at bank and in hand
56,587
56,587
87,568
CREDITORS
Amounts falling due within one year
(3,464)
{3,464)
{17,574)
NET CURRENT ASSETS
53.123
53.123
69,994
TOTAL ASSETS LESS CURREKf UABILMES
79.150
429.261
508.411
521.557
NET ASSETS
79,150
429.261
508,411
521.557
FUNDS
Unrestricted funds
Restiicted funds
79,150
429.261
92.296
429.261
TOTAL FUNDS
508.411
521,557
The financrdl statements were approved by the Board of Trustees and auihorised for issue on 20 October 2025 and were
signed on its behalf by:
R Parf(- TNstee
The no￿ forni part of these financial statements
Page 5

THE HANBEEf KOREN PRESBYTERIAN CHURCH
Notes to the Financial Statements
for the Year Ended 31 Decenlber 2024
ACCOUNTING POUCIES
Basls of prèparing the flnancial ststem
The financial statements of the charity, vthich is a public benefft entity under FRS 102, have been prepared in
accordance with the Charities SORP (FRS 102) 'AccountiTrJ and Reporting by Charities.. Statement of
Recommended Practice appli(%ble to charibes preparing their aco)unts in accordance with the Finanaal Reporting
Stsndard applicable in the UK and Reput4ic of Ireland (FRS 102) {effective 1 January 2019),, Financial Reporting
Stsndard 102 'The Financial Rewrting Standard appliL8ble in the UK and Republic of Ireland, and the Charities Act
2011. The financhgl statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Actsvttres On￿ the charity has entitkement to the funds. it is
probable that the income will be received and the amount t￿n be measured reliab￿.
Expenditure
Liabilities are rec(onised as expenditure as scrf)n as there is a legal or consinjctive obligation commitbng the charity
to that expendilure, it is probable that a transfer of economic beneffts ￿11 be required in settlement and the amount
af the obligation can be rneasured reliabty. Expendthre is ac(x)unted for on an accruaLs basis and has been
clas&fied under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to
parti￿lar headings they have been allocated to aclivilies on a basis consistent wilh the use of resources.
Tangible fixed awts
Depreciation is prowded at the frjllowing annual rates in order to write off each asset over its estimated useful life.
Improvern8nt to propety: 25Vo on r&Jucing balan￿ basis
Plant & machinery: 25 % on reducing balance basis
Fixtures and ffittings." 25% on reducing balance basis
Taxatlon
The charity is exempt from tax on tts tharitable aL#]v￿e$.
Fund accounting
Unrestricted funds can be used in aCCo￿ance wth the charitable objectives at the discretion of the trustees.
Restrict8d funds can only be used for particular restricted purposes vrithin the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purp)se of each fund is wicluded in the notes to the financial ststements.
Hire purchase and leasing commitments
Rentsls paid under operating leases are charg&J to the Statement of Financial Activittes on a straight line basis over
the period of the lease.
Pension costs and other post-relirement benefits
The charity operates a defined contiibution pen&on scheme. Conlr*Julions payable to the charitys pensK)n scheme
a￿ charged to the Statement of Finanoal Activities in the period to which they relate.
Page 6
con1lnu￿..

THE HANBEET KOREN PRESB YfERL4N CHURCH
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
INVESTMEpif INCOME
31.12.24
31.12.23
Deposit accx)unt irrterest
302
238
TRUSTEES, REMUNERATION AND BENEFITS
There were no tnjstees. remuneration or other beneffts for the year ended 31 December 2024 nor for the year ended
31 December 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 tknember 2024 nor for the year ended
31 De￿rnber2o23.
STAFF COSTS
The average [nOnth￿ number of employees during the year was as foll(yNs:
31.12.24
31.12.23
Pastor
Staff
No ernployees received emoluments in excess of £60,0(M).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNMES
Unrtstricted
fimd
Restricted
fi￿d
Total
funts
INCOME AND ENDOWMENTS FROM
Donations and legaues
300.234
300,234
Investment income
238
238
Total
300.472
300.472
EXPENDITURE ON
Charitable activttie5
Charitsble actiwties
288.293
288.299
NET INCOME
12.173
12,173
RECONCILIATION OF FUNDS
Totsl funds brought foD4vard
80,123
429,261
509.384
TOTAL FUNDS CARRIED FORWARD
92,296
429,261
521.557
Page 7
continued..

THE HANBEET KOREN PRESBYTERIAN CHURCH
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
TANGIBLE FIXED ASSETS
Improvements
to
property
Freehold
propety
Plant and
machinery
COST
At 1 January 2024
Additions
429.261
113,927
28,067
9,971
At 31 D￿mber 2024
429,261
113,927
38.038
DEPRECIATION
At 1 January 2024
Charge faryear
110.319
902
23.145
3,723
At 31 D￿rnber 2024
111.221
26,868
NET BOOK VALUE
At 31 December 2024
429.261
2.706
11,170
At 31 De￿mber 2023
429,261
3.608
4,922
FixtUTes
Motor
vehicle5
fittings
Totals
COST
At 1 January 2024
Additions
43,982
2.429
17.495
632.732
12,400
At 31 December 2024
46,411
17,495
645.132
DEPRECIATION
At 1 January 2024
Charge for year
43.331
4,374
3,280
181.169
8.675
At 310ec8mber 2024
44,101
7,654
189.844
NET BOOK VALUE
At 31 December 2024
2,310
9,841
455,288
At 31 t)ecember 2023
651
13,121
451,563
Page 8
continued...

THE HANBEET KOiiEN PRESBYtERIAN CHURCH
Notes to the Financial Sthiements - continued
for the Year Ended 31 December 2024
CREDITORS: AMOUNTS FALUNG DUE ￿THIN ONE YEAR
31.12.24
31.12.23
Other creditors
17,574
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
92.296
(13.146)
79.150
Restrlcted funds
Restricted Income funds
429.261
429,261
TOTAL FUNDS
521,557
(13,146)
508.411
Net movement in funds, included in the above are as follows:
Incoming
Resources
Movement
in funds
Unrestrlcted funds
General fvnd
307.972
(321,118)
(13.1461
TOTAL FUNDS
307.972
(321,118)
(13.146)
Comparatives for nK•vement in fund5
Net
movement
in fimds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
80,123
12,173
92,296
Restrlcted funds
Restricted Income funds
429.261
429.261
TOTAL FUNDS
)9,384
12,173
521.557
Page 9
continueiL..

THE HANBEET KOREN PRESB YTERIAN CHURCH
Notes lo the Financial Statements- continued
for the Year Ended 31 December 2024
MOVEMEKf IN FUNDS- continued
Comparative net movement in funds. included in the above are as folk)ws:
Incorning
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
XJ.472
(288,299)
12,173
TOTAL FUNDS
300,472
(288,299)
12,173
A current year 12 months and prior year 12 months C￿nb￿ned p0S￿On is as foll(Ms:
Net
movement
in fijnds
At
31.12.24
At 1.1.23
Unrestricted funds
General fund
80.123
(973)
79.150
Restricted funds
Restricted Income fijnds
429,261
429,261
TOTAL FUNDS
(973)
508,411
A cuffent year 12 months and prior year 12 m￿thS combined net movement in fvnds, included in the above afe as
follows..
Incoming
Resources
expended
Movement
in funds
Unrestricted funds
General fund
608.444
(609,417)
(973)
TOTAL FUNDS
608,444
(609,417)
(973)
RELATED PARTY DISCLOSURES
There wera no related paty transactions for the year ended 31 Decemt*r 2024.
Page 10

THE HANBEET KOREN PRESBYTERIAN CHURCH
Detailed Staternent of Financial Activtties
for the Year Ended 31 December 2024
31.12.24
31.12.23
INCOME AND ENDOWMENTS
Donatlons and legacl8s
Donations
Giftaid
268,576
39,094
261.007
39,227
307,670
300,234
Investment Income
DetK)Sit account interest
302
238
Total incomin9 resources
307,972
300,472
EXPENDITURE
Charitable activities
Wages
Employer Nic
Pensions
Church rent & njnning cosi
Insurance
Mission supwrt
Education
Scholarship
Speakers
Catering and event
Books and training support
Condolence
Advert
Printing, postsge & stationery
Computer cost
Telephone & int8met
Subscripti
Motor & travel expenses
Gift
Stsff-relocation
Entertainment
Repairs & renewals
Sundry expenses
Bank charges
Improvements to property
Plant and machinery
Fixtures and fitlings
Motor vehicles
165,199
11.879
9,247
21,831
135,150
8,229
7.909
21,219
3,640
30,447
24,272
2,400
5,746
9,214
11,337
2,670
29,142
22.964
1,200
17,197
5,955
150
1,038
489
994
395
3,918
791
6,291
1,575
814
994
441
4,435
1,978
2.196
4,583
1,707
930
902
3.723
T70
3.280
1,156
784
1,203
1,641
217
4,374
319.918
287,099
Support costs
Govemanc8 Costs
Accountancy and legal fees
1,2(K)
1.200
Total resources expended
321.118
288,299
Net (expenditureyincome
(13.146)
12,173
This page does not fonn part of the statutory financial statetnents
Page 11