## ## ## ## |Obje|tives and|Activ|itie|s|| |---|---|---|---|---|---| |||||SORP reference|| |Sum|ary of the purposes||of|Para 1.17|To worship
God within the Presbyterian
faith.| |the c|arity as set out|in its|||To
develop
religious
education
for
Korean| |gove|ning document||||speaking
congregation
in and around
London.| ||||||To provide
a help network
for underprivileged| ||||||Koreans
in The U.K.| ||||||To support
Korean
community
projects
in the| ||||||UK, Europe and Korea.| ||||||To provide financial
support for overseas| ||||||Christian
missions| |Sum
activi|ary of the main
ies in relation to those|||Para 1.17and
1.19|Provision
of quarterly
financial
support
for
overseas
Christian
missions
in Ukraine, Greece.| |purp|ses for the public||||Korea, Cambodia
and Burkina Faso.| |bene|it, in particular,|the|||| |activi
servi
acco|ies, projects or
es identified
in
nts.|the|||Organisation
of religious
education
and church
and sport activities for younger
members ofthe
congregation.| ||||||Delivery
of financial
aid
and
scholarships
to| ||||||underprivileged
Koreans
in the UK and Korea.| |Stat|ment confirming|||Para 1.18|The trustees
have had regard to the guidance| |whet|er the trustees|have|||issued by the Charity Commission
on Pubic| |had|gard to the guidance||||Benefit. No trustee
is receiving any benefit or| |issu|d by the Charity||||salary from the charity.| |Com|ission on public||||| |bene|it||||| ## |ou
|a
c|hoose|to include|further statements|where| |---|---|---|---|---|---| |||||SORP reference|| |||||Para 1.38|| |Polic|on|grant|making||N/A| |||||Para 1.38|| ||||||N/A| |Polic|on social investment|on social investment||| |---|---|---|---|---| |inclu|ing program|related||| |inves|ment|||| ||||Para 1.38|| |Cont|ibution made|by||| |volun|eers|||NIA| |Othe||||NIA| ## |chi|veme|nts
and Per|formance|| |---|---|---|---|---| ||||SORP reference|| |||||For the year ended 31"December 2020the| |||||charity recorded
an increase
in income of| |||||f9,970,or8.47 %.This was due to a| |Sum
achi
ident
chari
the c
bene
bene
whol|.
ary ofthe main
vements
ofthe charity,
fying the difference the
y's work has made to
rcumstances
of its
iciaries and any wider
its to society as a||Para 1.20|combination
offactors.
Tithes increased
byf19.205
Thanks Giving increased
byf2,686.
General Offerings decreased
by -f5,240
Missionary
support decreased
by -f2,248.
Gift Aid increased
by -f526
Other income decreased
by -f4,929and
Interest received decreased
by -f30.| |||||The costs ofcharitable
activities decreased by-| |||||f34,333or -28.79%over that of2019due to:| |||||Religious education
costs decreased by-| |||||f13,417| |||||Social support decreased
by -f950| |||||Community
projects decreased
by -f10,802| |||||Governance
costs deceased
by -f9,164| |||||The combined effect ofthe increase
in income| |||||off9.970and the decrease
in costs of-f34,444| |||||has been to produce
a surplus for the year| |||||ended 31"December 2020 off42,779| |||||Despite te pandemic,
and no physical| |||||congregations
from March 2020to March| |||||2021,the Church was able to support
its| |||||various charitable
activities and in particular:| ## |Achi|vements
against|Para 1.41|| |---|---|---|---| |obje|tives set||| |Perf
activi|rmance offundraising
ies against objectives|Para 1.41|Not Applicable| |set|||| |Inve|tment performance|Para 1.41|| |agai|st objectives||Not Applicable| |Othe|||None| ## ||||||||||2019|2019|2019|| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Income||E127,676 f117,706||||| |||||||Expenditure:
Religious Education||E||71,946|f85,363|| |||||||Social Support||E||9,610|E10,560|| |||||||Community|Projects|E||1,235|f12,037|| |||||||Governance|costs|E||2,106|E11,270|| |||||||Surplus / (Deficit)||E|42,779||f (1,524)|| |State|ent explaining||the||Para 1.22|The charity|keeps on|deposit sufficient funds to||||| |polic|for holding|reserves||||ensure that|it can meet|||its commitments||to| |statin|why they|are|held|||meet annual|salaries|and rent ofthe church||||| |||||||hall for about 12months||||in advance.||| |Amo|nt ofreserves||held||Para 1.22|E137,957||||||| |Reas|ns for holding||zero||Para 1.22|Not Applicable||||||| |rese|es|||||||||||| |Detai|s offund materially|||in|Para 1.24|Not Applicable||||||| |defici||||||||||||| |Expl|nation of any||||Para 1.23|||||||| |unce|ainties about||the|||Not Applicable||||||| |chari|y continuing|as a going||||||||||| |conc|rn|||||||||||| ## |The
sour|harity's
principal
es offunds
(including|harity's
principal
es offunds
(including|harity's
principal
es offunds
(including|harity's
principal
es offunds
(including|Para 1.47|Members donations|| |---|---|---|---|---|---|---|---| |any f ndraising)|||||||| |lnve
obje|tment policy and
tives including
any||||Para 1.46|Not Applicable|| |soci|I investment||policy||||| |adop|ed||||||| |||||||The major risk isthat members
Sunday|| |||||||collections
may be insufficient to cover|| |A de|cription ofthe|||principal|Para 1.46|contractual
obligations.
To manage this risk,|| |risks|facing|the charity||||annual
budgets are prepared
and approved|by| |||||||church members
in December ofeach year|for| |||||||the next year commencing
January. The actual|| |||||||receipts and payments
for each quarter are|| |||||||reported to members
in the month after each|| |||||||quarter,
so that a constant quarterly
check is|| |||||||made on collections and obligations.
In|| |||||||addition,
church members
who are employed|| |||||||agree to pay a fixed proportion
oftheir income|| |||||||in the form oftithes, which forms the|| |||||||guaranteed
minimum
which the church can|| |||||||anticipate to meet its annual
commitments.|| ## |tru|ture, Governance|and Man|agement|| |---|---|---|---|---| |Desc|iption of charity's|||| |trust||||| |Type|ofgoverning
document|Para 1.25|Trust Deed|| |How|s the charity|Para 1.25||| |cons|ituted?||Unincorporated|Association| |Trus|e selection methods|Para 1.25||| |inclu|ing details of any|||| |cons|itutional
provisions e.g.||2I3rds majority|ofthe Church| |elect|on to post or name of|||| |any|erson or body entitled|||| |to ap|oint one or more|||| |trust|es|||| |any
to ap
trust|erson or body enti
oint one or more
es|tled|tled|||| |---|---|---|---|---|---|---| |Addit|onal information|(optional)||||| |You|a
choose to include||further statements|where relevant
about:||| |||||Trustees are selected|from the elders ofthe|| |||||church, and follow the Presbyterian||system of| |Polic
aclop|es and procedures
ed for the induction||Para 1.51|induction
and training
Presbyterian
manual|as laid down
adopted from|in the
the| |and|raining
oftrustees|||Presbyterian
Church|ofSouth Korea.|| |||||The Church
is a member ofthe Presbyterian||| |||||Church of Korea and|its pastors are|selected| |The
stru|harity's
organisational
ure and any wider||Para 1.51|from Presbyterian
seminaries
in the
South Korea.||Republic of| |netw|rk with which the|||||| |chari|y works|||||| |Rela|ionship
with any||Para 1.51|None||| |relat|d
arties|||||| ## |Chari|name||Ra nes Park|Korean Church|Korean Church|| |---|---|---|---|---|---|---| |Othe|name the charit
uses||N/A|||| |Re
i|tered charit|number|1128349|||| |Chari|y's principal|address|133Claremont|Avenue,|New'Maiden,|Surrey, KT3 6QR.| ||Trust|e name|Office (ifany)|Dates acted ifnot for whole
ear|Name
to a|ofperson (or body) entitled
oint trustee
if an|ofperson (or body) entitled
oint trustee
if an| |---|---|---|---|---|---|---|---| ||Mr J|e Min Kwon|Chairman||2/3rds|of Congregation|| ||Mr|yung Soo Bae|Secretary||2/3rds|of Congregation|| ||MrS|ng Hyen Jo|Treasurer||2/3rds|of Congregation|| |4|||||||| |5|||||||| |6|||||||| |7|||||||| |8|||||||| |9|||||||| |10|||||||| |11|||||||| |12|||||||| |13|||||||| |14|||||||| |15|||||||| |16|||||||| |17|||||||| |18|||||||| |19|||||||| |20|||||||| ||Cor|ate trustees —names of the directors at the date the re ort was a|||roved||| ||Direc|or name|||||| ||NIA||||||| |Trust|name|Dates|acted|ifnot|for|whole|ear| |---|---|---|---|---|---|---|---| |NIA|||||||| |Fun|s held as custodian|s held as custodian|trustees|on behalf ofothers| |---|---|---|---|---| |Desc|iption ofthe assets||Not Applicable|| |held|n this capacity|||| |Nam|and objects ofthe||'Not Applicable|| |chari|y on whose behalf|the||| |asse|s are held and how|this||| |falls|ithin the custodian|||| |chari|y's objects|||| |Deta|Is ofarrangements|for|Not Applicable|| |safe|ustody and|||| |segr|gation ofsuch assets|||| |from|he charity's
own|||| |asse|s|||| ## |Names|a|nd|addresses ofadvisers|(Optional
information)||||| |---|---|---|---|---|---|---|---|---| |ype|f||Name|Address||||| |advls|r|||||||| |Accou||ta|RA Mitchell 8 Co Ltd|173Wainscott Road, Wainscott,||Rochester,||Kent, ME2| |nts||||4JX||||| |Name||fchief executive or names||ofsenior staff members|(Optional||information)|| ## ## ## ## ## ## ## ## |PRACTIC|||||||||| |---|---|---|---|---|---|---|---|---|---| |Please provid|a description||||||||| |ofthe nature|feach change||||||Not Applicable||| |in accounting|olicy||||||||| |Reconciiation|ffunds per previous|||GAAP to|funds determined||under FRS102||| ||||Start of||End of||||| ||||period||period||||| |Fund balance|as previously||||||||| |stated|||||||||| |Adjustments:|||||||||| |Fund balance|s restated||||||||| |Reconciiation
102|fnet incomel(net||expenditure)||per previous|GAAP to net incomel(net||expenditure)|under FRS| ||||||End of||||| ||||||K||||| |Net income/(e|penditure)|as previously|||||||| |stated|||||||||| |Adjustments:|||||||||| |Previous perio|net income/(expenditure)||||||||| |as restated|||||||||| |This standard|This standard|This standard|list of|ccounting policies has been applied by the charity except for those ticked:"No" or
/Vla".
Where a|ccounting policies has been applied by the charity except for those ticked:"No" or
/Vla".
Where a|ccounting policies has been applied by the charity except for those ticked:"No" or
/Vla".
Where a|ccounting policies has been applied by the charity except for those ticked:"No" or
/Vla".
Where a|ccounting policies has been applied by the charity except for those ticked:"No" or
/Vla".
Where a|||| |---|---|---|---|---|---|---|---|---|---|---|---| |different or||additiona||policy|has been adopted then this is detailed in the box below:-||||||| |Recognition|||of inc||These are included
in the Statement
of Financial
Activities (SoFA) when:||||||| ||||||~
the charity becomes entitled to the resources;||||||| ||||||it is more likely than not that the trustees
will receive the resources;
and||||Yes|No|N/a| ||||||~
the monetary
value can be measured
with sufficierit
reliability.||||||| ||||||There has been no offsetting ofassets and liabilities,
or income and expenses,|unless||required||No|N/a| |Offsetting|||||or permitted
by the FRS 102SORP or FRS 102.||||||| ||||||||||Yes|No|N/a| ||||||Grants and donations
are only included
in the SoFAwhen the general
income||||||| |Grants and|||donatio|s|recognition
criteria are met (5.10to 5.12FRS102SORP).||||||| ||||||In the case of performance
related grants,
income must only be recognised
to the
extent that the charity has provided
the specified goods or services as entitlement||to||Yes|No|N/a| ||||||the grant only occurs when the performance
related conditions are met (5.16FRS||102||||| ||||||SORP).||||||| |Legacies|||||Legacies are included
in the SOFA when receipt is probable,
that is, when there has||||Yes|No|N/a| ||||||been grant of probate, the executors have established
that there are sufficient|assets||in|||| ||||||the estate and any conditions
attached
to the legacy are either within the control ofthe||||||| ||||||charity or have been met.||||||| ||||||||||Yes|No|N/a| |Government|||grants||The charity has received government
grants
in the reporting
period||||||| ||||||Gift Aid receivable
is included
in income when there is a valid declaration
from|the|||||| |Tax reclaims|||on||donor.
Any Gift Aid amount recovered
on a donation
is considered
to be part|ofthat|||Yes|No|N/a| |donations||and gifts|||gift and is treated as an addition
to the same fund as.the initial donation
unless the||||||| ||||||donor or the terms ofthe appeal have specified otherwise.||||||| |Contractual
performance|||income
relate|and|This is only included
in the SoFAonce the charity has provided
the related goods or
services or met the performance
related conditions.||||Yes|No|N/a| |grants|||||||||||| |Donated|goods||||Donated goods are measured
at fair value (the amount
for which the asset could be
exchanged)
unless
impractical
to do so.||||Yes|No|N/a| ||||||The cost ofany stock ofgoods donated
for distribution
to beneficiaries
is deemed to be
the fair value ofthose gifts at the time oftheir receipt and they are recognised
on||||Yes|No|N/a| ||||||receipt.
In the reporting
period
in which the stocks are distributed,
they are recognised||||||| ||||||as an expense at the carrying
amount ofthe stocks at distribution.||||||| ||||||Donated goods for resale are measured
at fair value on initial recognition,
which
is||the||||| ||||||expected proceeds from sale less the expected costs ofsale, hand recognised
'Income from other trading
activities'
with the corresponding
stock recognised|in
in the|||Yes|No|N/a| ||||||balance sheet.
On its sale the value ofstock is charged, against 'Income from|other|||||| ||||||trading
activities'
and the proceeds from
sale are also recognised as 'Income|from|||||| ||||||other trading
activities'.||||||| ||||||Goods donated
for on-going use by the charity are recognised as tangible
fixed assets||||Yes|No|N/a| ||||||and included
in the SoFAas incoming
resources when receivable.||||||| ||||||Gifts in kind for use by the charity are included
in the SoFAas income from donations||||Yes|No|N/a| ||||||when receivable.||||||| |Donated|services a||||Donated services and facilities are included
in the SOFA when received at the|value of|||Yes|No|N/a| |facilities|||||the gift to the charity provided
the value ofthe gift can be measured
reliably.||||||| ||||||Donated services and facilities that are consumed
immediately
are recognised|as|||Yes|No|N/a| ||||||income with an equivalent
amount
recognised as an expense
under the appropriate||||||| ||||||heading
in the SOFA.||||||| ||||||||||Yes|No|N/a| |Support costs|||||The charity has incurred
expenditure
on support costs.||||||| |Volunteer|help||||The value ofany voluntary
help received is not included
in the accounts but is
described
in the trustees'
annual
report.||||Yes|No|N/a| |Income from|intere|t|1|This is included
in the accounts when receipt is probable
and the amount
receivable|||Yes|No|N/a| |---|---|---|---|---|---|---|---|---|---| |royalties and|divide||ds|can be measured
reliably.|||||| |Income from|memb|rship||Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations|||Yes|No|N/a| |subscriptions||||and Legacies.|||||| |||||Membership
subscriptions
which gives a member the right to buy services or other|||es|No|N/a| |||||benefits are recognised as income earned from the provision
ofgoods and services|as||||| |||||income from charitable
activities.|||||| |Settlement of insur
claims||nce||Insurance
claims are only included
in the SoFAwhen the general
income recognition
criteria are met (5.10to 5.12FRS102SORP) and are included as an item ofother
income
in the SoFA.|||Yes|No|N/a| |Investment
gains a
losses||||This includes
any realised or unrealised
gains or losses on the sale of investments
and
any gain or loss resulting
from revaluing
investments
to market value at the end ofthe|||Yes|No|N/a| |||||year.|||||| |2.3EXPENDIT|||RE|AND LIABILITIES|||||| |Liability recognition||||Liabilities are recognised
where
it is more likely than not that there is a legal or|||Yes|No|N/a| |||||constructive
obligation
committing
the charity to pay out resources
and the amount|of||||| |||||the obligation
can be measured
with reasonable
certainty.|||||| |Governance
costs|and s|&
pport||Support costs have been allocated between governance
costs and other support.
Governance
costs comprise
all costs involving
public accountability
ofthe charity and
its compliance
with regulation
and good practice.|||es|No|/a| |||||Support costs include central functions
and have been allocated to activity cost|||Yes|No|N/a| |||||categories on a basis consistent
with the use ofresources, eg allocating
property costs|||||| |||||by floor areas, or per capita, staff costs by the time spent and other costs by their|||||| |||||usage.|||||| |Grants with perfor
conditions|||nce|Where the charity gives a grant with conditions
for its payment
being a specific level of
service or output to be provided,
such grants are only recognised
in the SoFAonce the
recipient ofthe grant has provided
the specified service or output.|||Yes|No|N/a| |Grants payable with
performance
condit||ut
ons||Where there are no conditions
attaching
to the grant that enables the donor charity
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.|to||Yes|No|N/a| |Redundancy|cost|||The charity made no redundancy
payments
during the reporting
period.|||Yes|No|N/a| |Deferred income||||No material
item ofdeferred
income has been included
in the accounts.|||Yes|No|N/a| |Creditors||||The charity has creditors which are measured
at settlement
amounts
less any trade
discounts|||Yes|No|N/a| |Provisions for liabili||ies||A liability is measured
on recognition
at its historical cost and then subsequently
measured
at the best estimate ofthe amount
required
to settle the obligation
at the|||Yes|No|N/a| |||||reporting
date|||||| |Basic financial
instruments||||The charity accounts for basic financial
instruments
on initial recognition
as per
paragraph
11.7FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17
to 11.19,FRS102SORP.|||Yes|No|N/a| |2.4ASSETS|||||||||| |Tangible fixed asse|||for|These are capitalised
ifthey can be used for more than one year, and cost at least||f250|||| |use by charity|||||||||| |||||They are valued at cost.|||Yes|No|N/a| |||||The depreciation
rates and methods
used are disclosed
in note 9.2.|||||| |Intangible
fixed ass||ts||The charity has intangible
fixed assets, that is, non-monetary
assets that do not have
physical substance
but are identifiable
and are controlled
by the charity through|||Yes|No|N/a| |||||custody or legal rights.
The amortisation
rates and methods
used are disclosed
in note|||||| |||||9.5|||||| |||||They are valued at cost.|||es|No|N/a| |Heritage assets||||The charity has heritage assets, that is, non-monetary
assets with historic, artistic,
scientific, technological,
geophysical
or environmental
qualities
that are held
and|||Yes|No|N/a| |||||maintained
principally
for their contribution
to knowledge
and culture.
The depreciation|||||| |||||rates and methods
used as disclosed
in note 9.6.1.4.|||||| ||||||||Yes|No|N/a| |||||||||~|~|~|~||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Note 3|||Analysis of|||income|||||||||||| ||||||||||||||Restricted||||| ||||||||||||Unrestricted||income|Endowment|||| |||||Anal||sis|||||funds||funds|funds|Total funds
R||Prior year
R| |Donations
and legacies:|Donati
Gift Ai
Le ac'|ns and
s||ifts|||||||115,534
12,113||||115,534
12,113||106,060
11,587| ||Gener|I|grants provided|||by government/other|||||||||||| ||charili|s|||||||||||||||| ||Memb|rship subscriptions|||||and sponsorships||||||||||| ||which|re in substance|||donations||||||||||||| ||Donat|d|goods,|facilities||and||services|||||||||| ||Other||||||||||||||||| |||||||||||Total|127,647||||127,647||117,647| |Charitable|||||||||||||||||| |activities:|||||||||||||||||| ||Other||||||||||||||||| |||||||||||Total|||||||| |Other trading|||||||||||||||||| |activities:|||||||||||||||||| ||Other||||||||||||||||| |||||||||||Total|||||||| |Income from|Interes|income||||||||||29||||29|59| |investments:|Divide|d|income||||||||||||||| ||Rental|and leasin||income|||||||||||||| ||Other||||||||||||||||| |||||||||||Total||29|||||| |Separate|||||||||||||||||| |material
item|||||||||||||||||| |ofincome:|||||||||||||||||| |||||||||||Total|||||||| |Other:|Conve|sion ofendowment|||||funds||into income||||||||| ||Gain o|disposal||ofa tangible||||fixed asset||held|||||||| ||for cha|it|'s own|use|||||||||||||| ||Gain o|disposal||ofa programme|||||related||||||||| ||invest|ent|||||||||||||||| ||Royalti|s from the exploitation||||||of|intellectual||||||||| ||ro e||ri hts||||||||||||||| ||Other||||||||||||||||| |||||||||||Total|||||||| |TOTAL INCOME|||||||||||127,676||||127,676||117,706| |Other information:|||||||||||||||||| |All income in the prior||ear was unrestricted||||||except for:|||||||||| |(please provide|descri|tion and amounts)|||||||||Not A|licable|||||| |Where any endowment||fund is converted||||into||income in the|||||||||| |reporting
period, pleas||give the||reason|for||the conversion.||||||||||| ||||||||||||Not A|licable|||||| |Within the income item||above the following|||||items are||||||||||| |material: (please|disci|ethe nature, amount||||||and|any prior||||||||| |year amounts)|||||||||||||||||| ||||||||||||Not A|llcable|||||| |Note 4||Analysis ofreceipts ofgovernment|grants|||| |---|---|---|---|---|---|---| ||||||This year|Last year| |||Description|||R|f,| |Government|grant|||||| |Government|grant|||||| |Government|grant|||||| |Other||||||| |||||Total||| |Please provide de||ils ofany
a||||| |unfulfilled
conditi||ns and other||||| |contingencies
att||hing to grants||||| |that have been re||gnised inincome.||||| |Please give|detail|ofother forms of||||| |government|assis|nce from which||||| |the charity|has dir|ctly benefited.||||| |Note 5|Donated goods, facilities and services||| |---|---|---|---| |||This year|Last year| ||||F| |Seconded staff|||| |Use ofproperty|||| |Other|||| |Please provide de|ils ofthe||| |accounting
policy|orthe recognition||| |and valuation
ofd|nated goods,||| |facilities and servi|es.||| |Please provide de|ails ofany||| |unfulfilled
conditi|ns and other||| |contingencies
att|hing to resources||| |from donated goo|s and services not||| |recognised
in inc|me.||| |Please give detail|ofother forms of||| |other donated go|ds and services not||| |recognised
in the|ccounts, eg||| |contribution
of un|aid volunteers.||| |||~||~|||||| |---|---|---|---|---|---|---|---|---|---| |Note 6||Analysis ofexpenditure|||||||| |||||||Restricted|||| ||||||Unrestricted|income|Endowment||| ||||||funds|funds|funds|Total funds|Prior year| |||Anal sis|||||||| |Expend|ture on|Incurred
seeking donations|||||||| |raising|unds:|Incurred
seeking legacies|||||||| |||Incurred
seeking grants|||||||| |||Operating
membership
schemes and|||||||| |||social lotteries|||||||| |||Staging fundraising
events|||||||| |||Fudraising
agents|||||||| |||Operating
charity shops|||||||| |||Operating
a trading
company|||||||| |||undertaking
non-charitable|trading||||||| |||activi|||||||| |||Advertising,
marketing,
direct||mail and|||||| |||ublicit|||||||| |||Start up costs incurred
in|generating||||||| |||new source offuture income|||||||| |||Database development
costs|||||||| |||Other trading
activities|||||||| |||Investment
management|costs:||||||| |||Portfolio mana
ement costs|||||||| |||Cost ofobtaining
investment||advice|||||| |||Investment
administration|costs||||||| |||Intellectual
property
licencing||costs|||||| |||Rent collection,
property|repairs and||||||| |||maintenance
charges|||||||| |||Total expenditure
on raising funds|||||||| |Expen
charita
activiti|iture on
le|Religious Education
Social Support|||71,946
9,610|||71,946
9,610|85,363
10,560| |||Community
Projects|||1,235|||1,235|12,037| |||Governance
Costs|||2,106|||2,106|11,270| |||Total expenditure
on charitable
activities|||84,897||||119,230| |Separa|e material||||||||| |item of|xpense||||||||| |||Total|||||||| |Other|||||||||| |||Total other expenditure|||||||| |Please explain|the nature ofeach extraordinary|the nature ofeach extraordinary|item occurring in the period.||| |---|---|---|---|---|---| |||||This year|Last year| |||Description|||| |Extraordinary|em 1|Not Applicable|||| |Extraordinary|em 2||||| |Extraordinary|em 3||||| |Extraordinary|em 4||||| |Total extrordin|ry items||||| ## ||||Amount|received|Amount|paid out|Balance held at period end|Balance held at period end| |---|---|---|---|---|---|---|---|---| |Description/name|fparty|Related||||||| |||party (Yes|This year|Last year|This year|Lastyear|This year|Last year| |||or No||||||| ||||N/A|N/A|N/A|N/A|N/A|N/A| |||Total||||||| |Description/name|ofparty||Balance held at period end|Balance held at period end| |---|---|---|---|---| ||||This year|Last year| ||||N/A|N/A| |||Total||| |Note 9|Support Costs|||||| |---|---|---|---|---|---|---| |Please corn|lete this note ifthe charity has analysed its expenses using activity|||||| |categories|dhas support costs.|||||| |||||||Basis of| ||Raising funds|Activity 1|Activity 2|Activity 3|Grand total|allocation| |Suppo|cost|||||(Describe| |exam|les|||||method)| ||N/A|||||| |Governance||||||| |Other|N/A|||||| ||N/A|||||| |Total||||||| |
was paid pl|
se enter '0|y
'in the appropriate
box(es).|||.
||| |---|---|---|---|---|---|---|---| |||||||This year|Last year| |||||||E|| |Independen|examiner's|fees|||||| |||||||1000|1000| |Assurance s|rvices other than audit or independent||examination||||| |Tax adviso|fees||||||| |Other fees (|rexample:|financial advice, consultancy,||accountancy|services) paid||| |to the indep|ndent examiner|||||1060|1080| |11.1 Staff Cost||||| |---|---|---|---|---| ||||This year|Last year| |Salaries and w|ges||42,708|54,649| |Social security|osts||735|1,153| |Pension costs|defined contribution|scheme)|2,089|2,147| |Other employe|benefits|||500| |||Total staff costs||68,449| |Please provide|details ofexpenditure|on staff working for the|Not Applicable|| |charity whose|ontracts are with and|are paid by a related party||| |Salaries and w|ges|| |---|---|---| |Social security|osts|| |Pension costs|defined contribution|scheme)| |Other employe|benefits|| |Band|Number ofemployees| |---|---| |f60,000tof69, 99
f70,000tof79, 99|| |f80,000tof89, 99|| |f.90,000tof99, 99|| |f.100,000tof1 9,999|| ||This year|Last year| |---|---|---| ||Number|Number| |Total||| |Please complet|ifan ex-gratia|ifan ex-gratia|pay|mentis
made.||| |---|---|---|---|---|---|---| |Please explain|he nature ofthe|||||| |payment||||||Not Applicable| |Please state th|legal authority||or|||| |reason for mak|ng the payment|||||| |Please state th|amount of|the|payment|||| |(or value of an|waiver ofa|right to an||||| |asset)||||||| |11.4 Redundan|y payments|||||| |Please comple|ifany redundancy|||or termination|paymentis|made in the period.| |||||„~||| |Total amount o|payment|||||Not Applicable| |The nature oft|e payment|(cash, asset||||| |etc.)||||||| |The extent of r|dundancy
funding|||at the||| |balance sheet|ate|||||| |Please state th|accounting|policy||for||| |any redundanc|or termination|||||| |payments||||||| |13.1 A|nal|ysis o|grants paid (i|ncluded
in cost ofcharitab|le
activities)||| |---|---|---|---|---|---|---|---| |||||Grants to|Grants to||| ||||alysis|institutions|individuals|Supportcosts|Total| |Activity|or|project|1||||| |Activit|or|pro'ect|||||| |Activit|or|ro'ect|||||| |Activit|or|ro'ect|||||| ||||otal||||| ## |13.2Grants ma|eto institutions|eto institutions|eto institutions|eto institutions||| |---|---|---|---|---|---|---| |ii/iy charity has
the context ofi
purpose ofthe
charity's
web s|ade grants toparticularinstitutions
that are materialin
sgrantmaking.
Details oftheinstitution
supported,
rant and total paid to each institution is available
on the
te.||||Yes
No|Please provide
details ofcharity's
URL.
Provide details
below| ||Names|ofinstitution||Purpose||Total amount of
grants paid K| |United
Kingdom|||Missionary|support||6,730| |Burkino Faso|||Missionary|support||720| |Greece|||Missionary|support||720| |Ukraine|||Missionary|support||720| |Lebanon|||Missionary|support||720| |Total grants to|nstitutions|in reporting period||||9,610| |Other unanalys|dgrants|||||| |TOTAL GRANTS|AID|||||9,610| ## ||||Research 8|Patents and|Other|Total| |---|---|---|---|---|---|---| ||||development|trademarks||| |At beginning||the|N/A|||| |year||||||| |Additions||||||| |Disposals||||||| |Revaluations||||||| |Transfers|*|||||| |At end of|the|ear||||| ## |15.2Amo|rtis|tion and|impairments|||||| |---|---|---|---|---|---|---|---|---| |||"Basis|SLor RB|SLor RB|SLor RB|SLor RB|Straight|Line| ||||||||("SL")or|| ||||||||Reducing|| ||||||||Balance|| ||||||||(f1RBlI)|| |||**Rate||||||| |At beginning||the||||||| |year||||||||| |Disposals||||||||| |Amortisation||||||||| |Impairment||||||||| |Transfers*||||||||| |At end of|year|||||||| |15.3 Net boo||value||||||| |Nat book valu||at ihe|4VALUE!|||||| |beginning|oft|e year||||||| |Net book valu||at the||||||| |end ofihe|yea|||||||| ## ||||||Cash &cash
equivalents|Cash &cash
equivalents|Listed
investments|Investment
properties|Social
investments|Other|Total| |---|---|---|---|---|---|---|---|---|---|---|---| |arrying
(fair)|value at|beginning||of|N/A||||||| |eriod|||||||||||| |dd: additions|to investments||duding||||||||| |eriod*|||||||||||| |ess: disposals at carrying value|||||||||||| |ess: impairments|||||||||||| |dd: Reversal ofimpairments|||||||||||| |ddl(deduct):|transfer|in/(out)|in|the|||||||| |cried|||||||||||| |dd/(deduct):|net gain/(loss)||on||||||||| |evaluation|||||||||||| |arrying
(fair)|value at|end of|year||||||||| |Please specify additions
resulting|||||from||||||| |cquisitions|through|business||combinations,||if|||NIA||| |any.|||||||||||| ## |7.4 Please provide a breakdown
ofcurrent asset investments,|7.4 Please provide a breakdown
ofcurrent asset investments,|7.4 Please provide a breakdown
ofcurrent asset investments,|ifapplicable,|agreeing|with the|| |---|---|---|---|---|---|---| |alance sheet.||||||| |nalysis ofcurrent asset|||This year||Last year|| |nvestments||||||| |ash or cash equivalents||||||| |isted investments||||||| |nvestment
properties||||||| |ocial investments||||||| |herinvestments||||||| |otal||||||| |7.5 Guarantees||||||| ||||Not Applicable|||| |lease provide details and amount ofany||||||| |uarantee
made toor on behalf ofathird|party|||||| |arne ofthe entity orentities benefitting|from|||||| |hose guarantees||||||| |lease explain how the guarantee
furthers||the||||| |harlty's
aims||||||| |17.6Concessionary
loans|||Description||This year E|Last yearf| |mount ofconcessionaiy
loans made lMuftipfe||||||| |loans made may be disclosed in aggregate provided||||||| |that such aggregation
does not obsure significant||||||| |information ).||||||| |||Total||||| ||||||This year R|Last year R| |mount ofconcessionary
loans received|||Description|||| |(Multiple loans received may be disclosedin||||||| |aggregate provided that such aggregation
does not||||||| |obsure significant information).||||||| |||Totai||||| |Terms and conditions eg interest rate, security||||||| |provided||||||| |alue ofany concessionary
loans which|have|||||| |been committed
but not taken up atthe reporting||||||| |date||||||| |mounts
payable within 1year||||||| |Amounts
payable after more than 1year||||||| |Amounts
receivable
within
1year||||||| |Amounts
receivable after more than 1year||||||| |17.7Additional
information||||||| |Please provide information
about the||||||| |significance ofinvestments
to the charity's||||||| |financial position or performance
eg.terms and||||||| |conditions ofloans orthe use ofhedging||to||||| |manaqe financial risk.||||||| |For all investments
measured
atfair value,||the||||| |basis for determining
the value, including||any||||| |assumptions
applied when using a valuation||||||| |technique.||||||| |Where a charity has provided
financial assets as||||||| |a form ofsecurity, the carrying
amount of||the||||| |financial asset pledged as security and the terms||||||| |and conditions
relating to its pledge.||||||| |18.1
lease state the carrying
activi ies.|amount ofsto|ck and work in|progress
an'a|lysed
betwe|en| |---|---|---|---|---|---| |||Stock|Donated|goods|| ||||||Work in| ||For|For resale|For|For resale|progress| ||distribution||distribution||| |Char
able activities:|||||| |Open ng|||||| |Adde
in period|||||| |Expe sedin period|||||| |Impai ed|||||| |Closi g|||||| |Othe
trading activities:|||||| |Open ng|||||| |Adde
in period|||||| |Expe sedin period|||||| |Impai ed|||||| |Closi g|||||| |Othe:|||||| |Open ng|||||| |Adde
in period|||||| |Expe sedin period|||||| |Impai ed|||||| |Closi g|||||| |Total this year|||||| |Tota previous year|||||| ## ## ## ## |Note|24||Cash|at bank and in hand||||| |---|---|---|---|---|---|---|---|---| ||||||||This year|Last year
f| |Short|term cash|vestments||(less than 3months|maturity|date)||| |Short|term depo|its|||||29,759|29,730| |Cash|at bank an|on|hand||||107,872|67,032| |Other|||||||326|326| |Total|||||||137,9|97,088| ## |Please provi|edetails ofthe nature ofthe event|Not applicable| |---|---|---| |Provide an e
event or ast|timate ofthe financial effect ofthe
tement that such an estimate cannot be|Not applicable| |made||| |Key/ PE-
funds|permanent
e|owment funds; EE|-expe|ndible
endowment
funds; R - restrict|ed income fu|nds, including|special trusts|, ofthe char|ity; and U-un|restricted| |---|---|---|---|---|---|---|---|---|---|---| ||||||Fund|||||Fund| |||Type PE, EE
Ror UR*||Purpose and Restrictions|balances
brought
forward|Income|Expenditure|Transfers|Gains and
losses|balances
carried
forward| |Fund names|||||8|8|8|8|F.|8| |Unrestricted|Funds|U|||97,513|127,676|84897|||| |Other funds||N/a|N/a|||||||| |||||Total Funds|97,518||84,897|||| |*Key:PE-
funds|permanent
e|n
owment funds; EE|-expe|ndible
endowment
funds; R - restrict|edincome
fu|nds, including|special trusts|, ofthe chari|ty; and U - un|restricted| |---|---|---|---|---|---|---|---|---|---|---| ||||||Fund|||||Fund| |||Type PE, EE
Ror UR*||Purpose and Restrictions|balances
brought
forward|Income|Expenditure|Transfers|Gains and
losses|balances
carried
forward| |Fund names|||||E|E|E|E|E|E| |Unrestricted|Funds||||99,037|117,706 -|119,230|||| |Other funds||N/a|N/a|||||||| |||||Total Funds|99,087|117,706 -|119,230|||| ## ## ## |||||Reason|for|transfer|and|where|endowment|is converted to income,|Amount| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||legal|power|for its conversion||| |Between|unre|tricted|and||||||||| |restricted|fun|s||||||Not|Applicable||| |Between|end|ment|and||||||||| |restricted|fun|s||||||Not|Applicable||| |Between|end|ment|and||||||||| |unrestricted
f||nds||||||Not|Applicable||| ## |esign|te|d funds||| |---|---|---|---|---| |Plann|d|use|Purpose ofthe designation|Amount| ||||Not Applicable|| ## ## |||||||Amounts|paid|or benefit|value||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||This|ear|||Last|ear| ||||Legal authority|(eg|Remuneration|Pension|Redundancy||Other|TOTAL|| |Name of||rustee|order, governing|||contribution|(including||||| ||||'document)|||||loss of|||| ||||||||office)/ex||||| |||||||||ratia|||| |Please give|details|ofwhy remuneration|orother||||||||| |employment|benef|ts were paid.|||||||||| |Where an exgratia||payment has been made to a trustee,|||||||||| |provide an explan||tion ofthe nature ofthe payment.|||||||||| ## ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |No trustee expens s|have been|incurr|ed|(True or|alse)||||TRUE| ||Type of|expenses||reimbursed||||This year|Last year| |Travel|||||||||| |Subsistence|||||||||| |Accommodation|||||||||| |Other (please spec fy):|||||||||| ||||||||TOTAL||| |Please provide the|umber oftrustees||reimbursed||for||||| |expenses orwho h d expenses||paid|by|the charity|||||| |CC17a (Exc I)||||||43-44|||29/11/2021| ## |interest, including
'true'in
the boxpr|here funds have been held as agent for re
vided.|lated parties.|Ifthere are n|o such transactions|,
please enter|,
please enter| |---|---|---|---|---|---|---| |There have been n|related party transactions
in the reporting|period (True|or False)||TRUE|| |||||||Amounts| |Name ofthe trust
or related party|e
Relationship
to charity
Description ofthe
transaction(s)|Amount|Balance at
period end|Provision for bad
at period end|debts|written off
during
reporting| |||||||erlod| |In relation to the tr|nsactions above, please provide the|||||| |terms and conditio|s,including
any security and the nature|||||| |ofany payment (c|nsideration)
to be provided in|||||| |settlement.||||||| |Forany related pa|y, please provide details ofany|||||| |guarantees
given|rreceived.|||||| ## ||||~
~
~
~ ~||| |---|---|---|---|---|---| |Report to t
members o|etrustees/||chain'l&j NBA)8
Raynes Park Korean Church||| |On accoun|sfor the year||31"December 2020
Charity no
1128345||| |||ended|(ifany)||| |Se|out on pages||3to 45||| ||||, ''Z."'lj'!', !lj&Qi
&!') !AG!' i '**.**' jAB p&gQ I!ijiPI~|-is Ot Gi'!J1::3i!ii!5||!Bi,'"5,| ||||I report to the trustees
on my examination
of the accounts ofthe above||| ||||charity ("the Trust")for the year ended||| |Responsibi|ities|and|As the charity's trustees,
you are responsible
for the preparation
ofthe||| |basis of re|ort||accounts
in accordance
with the requirements
ofthe Charities Act 2011||| ||||("the Act").||| ||||I report
in respect of my examination
of the Trust's accounts carried out||| ||||under section 145of the 2011Act and
in carrying
out my examination,|I|| ||||have followed
all the applicable
Directions given
by the Charity Commission||| ||||under section 145(5)(b)ofthe Act.||| ||Independent||[The charity's gross income exceeded f250,000 and
I am qualified
to||| |examine|||undertake
the examination
by being a qualified
member of [insert name|of|| ||||applicable
listed body]]. Delete [ ]ifnot applicable.||| ||||I have completed
my examination.
I confirm that no material
matters have||| ||||come to my attention
in connection
with the examination
(other than that
disclosed
below ") which gives me cause to believe that in, any material||| ||||respect:||| ||||~
the accounting
records were not kept in accordance
with section|130|| ||||ofthe 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 ofaccounts 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
ofthe accounts to be reached.||| ||||*Please delete the words in the brackets ifthey do not apply.||| |||Signed:|Date:
lg (p p||| |||Name:|Roland Alan Mitchell||| |Relevan|professional||Chartered
Association
ofCertified Accountants||| |qualificat|on(s) or body||||| |||(ifany):|||| |IER|||Oct2018|||