CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees. Annual Report for the period
From
0110112023
To 3111212023
Charity name: RAYNES PARK KOREAN CHURCH
Charity registration number.. 1128349
Objectives and Activities
Summary of the purposes of
the Charity as set out in its
goveming document
P4r•1.17
To worship God within the Presbyterian falth.
To develop religious education for Korean
speakin8 congregation in and around London.
To provide a help network for underprivlle8ed
Koreans in The U.K.
To support Korean community projett5 In the
UK. Europe and KO￿a.
To provide financial support for overseas
Christian mlssions
Provision of quarterty financlal support for
overseas Christian missions in Ukralne. Greece,
Lebanon and the United Kingdom
Summary ofthe main
activitie8 in relation to those
purposes for the publlc
benefit. in particular, tha
activities, projects or
servic8s identffied in the
accounts.
P•rn 1.17 and
Or8anisatlon of religlous education and church
and sport activities for younger members of the
congregation.
Del￿ery of financial aid and food relief to
underprivileged Koreans In the UK and Korea.
Statement confimiing
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on publi
benefit
P*a1.18
The trustees have had regard to the 8uidance
issued by the Charity Commi551on on Public
Benefit. No trustee is receivin8 any benefrt or
salary from the charty.
Addltlonal infomiatlon (Optionall
You ma choose to include further statements where relevant aljoirt:
Policy on grant making
1.38
NIA
P¥r• 1.38
NIA

Policy on ￿la1 investment
inciuding program related
investment
Contribution made by
volunteers
ParA 1.38
NIA
Other
NIA
Achievements and Performance
Summary ofthe main
achievements of the charity,
identifying the differen￿ the
charity's work has made to
the circumstances of rts
ben8ficiaries and any wider
benefits to SOCl8ty 88 a
whole.
P¥•120
The Church was able to support its various
charitable artivitles and in particular..
The church has malntained its support for
missionaries amountin8 to £6.96012022
£6,061).
Amounts pald out were as follows..
To missionirles and refugees In..
The United Klngdom £1,440
Greece £1.440
Lebanon £1.440
Ukraine £1.440
Earthquake Relief- Turkey £1,2ts)
Meal SerVi￿- Southall £1,5CX)
St Mathews Church £600
Missionary ￿ntre £l.LXQ
Alcohollc Support in Wales £9.6Crt)
SS8nificantly the church was able to invest in
POSt-natal courses for expectant mothers as
follows..
Family foundation £3,14012022 £3.620
Other church actrvlties Includlng outdoor
worship £2.371

You ma
Choose to include further statements where relevant about..
Achievements against
objectives set
Parg 1.41
Perfomiancé of fundraisin9
activities against objectives
set
Para 1.41
Not Applicable
Investment perfomian
against obje￿iveS
P4r8 1.41
Not Appllcable
Other
None
Financlal Revlew
Review of the charty's
financial position at the end
of the period
PATh 1.21
The charity relies solety on donations from
Sunday Collections at Church Servlce5. There
have been no other fundraisin8 activltles In
2022.
A summaryoflts Income and expendlture 2022
120211 on its CO￿ objectlves was as follows-.
2023
2022
£142,566 £123,097
Inc<*ne
EJtp•ndlture:
Reli8ious Education £ 73.597 £ 72,510
Social Support
£ 20,860 £ 11,440
Community Projects £ 10,505 £ 10,510
Govem•nce costs
£ 11,040 £ 19,485
Surplus I (Deficlt) £ 26.564 £9,152
Statement explaining the
policy for holding reserves
stating why they are held
Parn 1.22
The charity keeps on depogt sufficient funds to
ensure that it can meet rts commitments to
meet annual salaries and rent of the church
hall for al)out 12 months in advance.
£226.490
Not Appllcable
Amount of reserve8 held
Reasons for holding zero
reserves
Delails of fund materially in
deficit
Par• 1.22
P•ra 1 22
124
Not Applicable

Explanation of any
uncertainties aljout the
charrty continuing as a going
concem
Para 1.23
Not Applicable
Additlonal infomiation (optional)
You ma ch008¢ to include further ststements where relevant about..
The tharity's principal
sources of funds (including
any fundraising)
Parn 1.47
Members donations
Investment policy and
objectives including any
social investment policy
adopted
Par• 1.46
Not Appllcable
The major risk is that members Sunday
collections may be insufficient to cover
contrartual obligations. To manage this risk,
annual budgets are prepared and approved by
church members in December of each year for
the next yearcommencin8January. The artual
receipts and payments for each quarter a
reported to members In the month aftereach
quarter, so that a constant quarterly check 15
made on collectlons and obligations. In
additlon, church members who a￿ employed
agree to pay a fixed proportion of their Income
in the fom) of tlthes, which forms the
guaranteed minimum which the church can
anticipate to meet its annual commitments.
A description of the principal
risks facing the charty
Pwa 1.46
The other major risk is over the cash and
cheques spent by the charity. All cash spent
must be authorised wlthin the annual bud8et,
and cheques and cash issued for charity
expendlture must be properly supported by
receipt5. which are summarised weekly and
authorised by two res
nsible trustees.
The church has been able to function Since
January 2021. despite the effects of Corona
Virus. Sermons have been held by video
conferencing. Income increase during the
pandemlc due to members supportin8 the
church and expenses of te congregation
restricted due to social distancing measures.
Other
Structure, Governance and Management

Descripb'on of charity'8
trusts-.
Type of goveming document
How is the charty
constituted?
Para 1.25
Trust Deod
Para 1.25
Unincorporated Association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or nam8 of
any person or body enttued
to appoint one or more
trustees
Parn 1.25
W3rds majorlty of the Church
Additlonal Infomiatlon loptional)
You ma
choose to include further statements where relevant about..
Trustees are selerted from the elders of the
church, and follow the Presbyterlan sysrem of
induction and training as laid down in the
Presbyterian manual adopted from the
Presbyterian Church of South Korea.
Policies and procedures
adopted for the induction
and training of trustees
Parn 1.51
The Church is a member of the Presbyterian
Church of Korea and its pastors are selerted
from Presbyterian seminarie5 in the Republlc of
South Korea.
The charity's organisational
strudure and any wider
network with which the
charty work8
Pm1.51
Relationship with any
related parties
Parn 1.s1
None
Other
Reference and Admlnistratlve details
Charit
name
Other name the charrt
Re
istered cha
number
Charty's principal address
nes Park Korean Church
NIA
1128349
133 Claremont Avenue. New Malden, Surrey, KT3 6QR.

Names of the charity trustees who manage the charty
TnJ8tre nam•
Office lrfanyl
Dat•# act•d 11 rlot for7￿?
ear
Chairman
Secretary
Treasurer
Name ot person lor body) •ntitled
oint tru$tee
Ifan
213rds of Congregation
213rds of Congregation
213rds of Congregation
Mr Jae Min Kwon
Mr Myung Soo Bae
Mr Seng Hyen Jo
10
11
12
13
14
15
17
18
19
20
orate truslees - names of the directors at the date the re
Dlrector name
rtwas
roved
NIA
Name of trustees holding title to property belonging to the charity
Tru•t•• Mm•
NIA
Daf•• aet•d If notforwho
•ar
Funds held as custodian trustses on behalf of others

Description of the a￿ts
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 ft)r
safe custody and
segregation of such assets
from the charity's own
assets
Not Applicable
Not Applicable
Not Applicable
Additlonal Infomiation loptlonal)
Name8 and addre88e8 of advisern Ioptlonal informatlon)
Typo of
Name
advlser
Addr•88
Accounta
R A Mrtchell & Co Ltd
173 Wainscott Road, Wainscott, Rochester. Kent. ME2
4JX
Name ol chlof •xe¢utive or names of senlor stsff membors {Optlonal Infom)atlonl
Exemptlons from dlsclosure
Reason for non4isclosure of ke
Not Appllcable
rsonnel detalls
Other o
tional infonnation
None
Declaration8
The trusteos declare that they have approved tho tiust•O8' report above.

Tho trustees declare that th•y h•ve approw•d th• trust•e8' report al)ove.
Sl9n•d on behalf of the charity's trust8e•
81gnaturel81.,
Full nam•(sl Mr Myung &xJ
Positson leg Secretary. Eecret*y
Chair. •tc)I
Datsl
My Serg Hyun Jo
zgzt

CHARITY COMMISSION
Fuk EN6LANU ANU ¥VALES
1128349
Annual accounts for the period
To
Per￿￿ start dat•
en
date
oim1123
31112123
Section A
Statement of financial activities
Recommendod catsgorlo8 by
octivlty
Unrestrlctod incom• Endowmert
fund*
fvnd
fund•
Prlor year
fund8
Total funds
Incoming r•sourcos (Noto 31
F01
Incomg and ¢ndowm•rts from".
Dwitn8 *)d16gHd
Chgntst4è aGIMI
Othw tr•diw
Inve&bY*rrt
F02
F03
F04
F05
140.549
140,549
122,929
$03
2.017
2,017
168
Total
R•8ourco8 oxpend•d (Nol• 61
Expondliure on:
R•ibino funds
Ctsdtabkn
142,566
123 097
116.002
Sepw*• n*rt•l ttem of•xp8rffj•
Olh•r
Total
116,002
113.945
810
S11
S12
116002
116002
Net In¢omelloxpendhurnl boft>rg Investmont
galn811108••8)
S13
S14
Noiooin8llbwsl on
26.564
9,152
Not 1nc0mellax￿ndftUI•1
Extraordlnary Itoml
Trnnsfern betwoen fund8
Other r•cognl8od galn8lllo•s8•):
S15
816
S17
26,564
26,564
9,152
G#1￿ Arhy I¢¥M8 on r•¥*uth oflxthl ••••tsftr th•r**W¥ 11￿ ￿ 818
Other9￿n￿(￿s￿￿li
819
Net mov•ment In lunds
26,564
26.564
9,152
Reconelll8tk)n of fund8.'
TotBI fvnd• bmugtrrt
203610
230 174
Total funds c4rrl•d fonvard
203.610
230,174
203610
Pago 3

Section B
Balance.sheet
* T .0?
Rosthct•d
UNestrithd Incomg Endowment Total this
funds
fund8
Year
Totsi IH5t
year
Fixed assets
Intsngible ass•ts
Tangible aysets
Heritage a*s•tB
Investments
F01
F02
(Note 16)
(Note 141
(Note 161
(Note 171
Total Ilxed assets
F03
F04
F05
4,875
4,875
4.710
Current a38ets
Stocks
{Not• 181
Debtor•
Investmonts
(Note 191
(Nots 17.41
Cash at b4nk and in hand (Note 241
Total curnent assets Blo
4.710
1041
1,041
226 490
226.490
200,048
201,177
Credltor8: amounts falllng du• wthln
one y•ar
INots 201
2232
2,232
Ner cuff8nt ass•wfllabllllle$J Bt2
198,900
Total l•M cutrent Il•th'li¢hs 813
203.610
Credltor8: amounts falllng du• aftsr
one year
(Note 20)
Provl•lon• for Ilablllt
814
815
rot•1 net•*s•ts orllabllltl•J
Fund• of the Charity
Endowmènt lund8 {Not• 271
Rè$trtet•d in¢omg funds (Nol• 271
UnreJtrlcted fund•
Rgvaluatlon ro8er¥e
818
230.174
230. 174
203.610
Bl$
810
rot•1 lund* B21
230,174
ss
Error
203,610
Signed by one LV h¥0 on tr*haif ofa
the Irusttes
S￿natU
Date or
approwa,
ddlmml
Print Name
Mr Sen
Mr Myung Soo Bae
CC17a (Excel)
Page 4
2210712024

Section C
Notes to the accounts
Note 1 Basis of preparation
Thls seetion shouldbe Completed by all charftl•¥.
1.18a$ls of accountlng
These accounts have been prepared under the historical cost convention wilh items recogni8ed at ctht or
transaction value unK8ss olherwse stated in the relevant note(sl lo the86 accounts.
The 8ccoun18 have been prepargj in accordance wrth."
the Ststsment of Recommended Practice". Accounting and Reporting by Chariti88
preparing their accounts in accordance with the Financial Reporting Stsndaid applicable
in the UK and Rewblic of I￿land IFRS 1021 issued on 16 July 2014
8nd 4Mth'
and wth.
the Financial Reporting Standard applrable in thè Unrtgd Kingdom and Republic of
Ireland IFRS 1021
and with the Charities Act 2011.
The charity conststutes a public benefft entsty 08 defined by
FRS 102..
-Tick as appropriats
1.2 Golng concern
If thorn arn matertal uncwt•lntl•s r•lat•d to •v￿ts orcondithm Ilwt ¢astJlgnMI￿n( doubt on th• charfty's
ablllty to contlnu• ￿ a golng ¢onc•m. ￿$• pmvld• th• lollowlng detalls orst•l8 "Not appllcabl•-. M
approprf•ts.'
An explanetson as to those factors that Support
the con¢lusion that the charity is a goin9
eA>ncern'.
Applkab
Disclosure of any uncertaintie8 that maka the
going concern as8umptv)n doubllul..
Where acwunts ar• not prepared on a golng
concem basis, please disclose this fa¢t
togelhor wth the ba81$ on whi¢h the trustees
prepaied the aceounls and the ffjason the
chairty is not regarded as a going conGem.
Noe Awkab
Not AoWlcal)le
1.3 Change of accountlng pollcy
The accoun15 present a Irue and fair view and Iho alxounting polici08 adopted are th08e outlined in note { }.
Yes.
No.
'.Trk 08 appriyi"8le
Plea$• disclo$•.'
(l) the n&tur• of th• ¢h•ng• In accountIng￿1¢Y..
NLrt applica
(11) the reosons why•pptylng thg new Kcounllng ￿kY
and
Not
CC178 (Excdl
PageS.6
20107r2024

(ill) the amount ol the adjustment for line affected
In the cU￿entper10d. each priorwlodpresented and
the aggrngate amount of the adjustment relating to
periods b•forn those prns0nt￿. 3.44 FRS 102 SORP.
NotApplicab
1.4 Changes to accounting estlmates
No changes lo accounting estimates have QCCUfred in the reporb.ng peri&J13.46 FRS 102 SORPI.
Yes.
No.
'_T￿k os ¥P￿rIate
Please diJclos•.'
(i) the naturn ol•ny chang•s,'
Not Applcabla
(11) the effect ol the change on Income and •xpense or
assets and Ilabllltlos for th• currentwlod," and
(Illj wherg practlcable, the •ffect of the ¢h•ng• in one or
nw• luturn yrlod•.
NotAopplkalJ
1.5 Materfal prlof yO•f •rrorn
No matenal prior year error have beon Klenlifi•d In tho reporbn9 wriod13.47 FRS 102 SORP}.
No.
Phase dlsclos•.'
fl) the naturn olthe prlorpwiod em)r.
(11) for each prforwlodpms•nlod In thg a¢￿unts. the
amount ol the conyedon for ••¢h account Ilne Itom
affe¢t•d.' and
(ill) the amount of the corr•ctlon at tho beglnning of the
earllestprlorporlodprnsent•d in th• accounts.
CC178 IExcell
PageS-6
21Y0712024

Section C
Notes to the accounts
Nots2
Accounting policies
Pleas8 complete this note when repoffjng under FRS2102 S8ction 35 of FRS102, requires 3 rnconc1liat￿nS to be
presented, rfall are 8ppIic8ble.
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING
PRACTICE
Please provide a descrlptlon
of thg natur• of oach change
in aecountlng policy
Non•
Racon¢llatlon olfunds perwevlou$ GAAP to funds tlgt8miln¢d undwFRS 102
Stsrt of
End of
porlod
rlod
Fund balancu M prnvlousty
stat•d
AdJustm•nts.'
Fund balanco as rn•tat•d
R•concllatlon of not In¢omrfn•t •xpendfturn) pwpr•vlous GAAP ¢0 n•t In￿rn￿net •xpendltur•J undw FRS
102
End of
Not Ineomo110xp•ndftur•l *• pr•vlou•ty
8tat•d
AdJustm•nt•.'
Pr•vlou• p•rfod not lncome1l•x￿ThdI￿￿1
a• vgstated
CC17a (Excd)
Pffj87
2010712024

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allt S

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Section C
Notes to the accounts
Note 10
Detalls of certaln Atom8 of oxpendltur•
10.1 Feu for examlnatlon ol the accounts
Please pmvlde detalls of the amount pald for any statutory •xt•rnal scrullny of
accounts and other s•rvlees provided byyour Indowdent examlner. Mnothlng
was pald pléase enter rl, in lh• appropnate box(esJ.
Th1• year
La•t yoar
Independènt examln•rfs fee8
1,000
A88urancè servlces other than audtt or Independont oxamlnatlon
750
750
Tax advl•ory fee8
Othèr fees (for example: flnanclal advlca, eon$ultaney, a¢¢ountancy •orylco8) pald
to the Inde￿ndent examlner
320
360
CC17a {Excell
Page 18
2010712024

Section C
Notes to the accounts
{conti
Note 11
Paid employees
Please complete this note if the charlty has any emwoyees.
11.1 Staff Costs
Thls year
Last year
Salarles and wages
Soclal securlty costs
Penslon costs (defined contrlbutlon scheme)
Othor employee beneflls
49,923
45,195
1,292
500
51,715
1,827
Total staff co8ts
This year:
47,806
Please provlde dotalls of expenditure on staff worklng for the
charlty wh￿e Gontracts are wlth and arn pakl by a related party
Last year..
Not Applicable
Please provlde detall$ of eX￿ndIture on staff worklng for the
charlty whos8 contraets are wlth and aro pald by a related party
Not Applicable
Please glve d•talls of the number ol employees whose total employee benefits (excludlng employer
penslon costs) fell wlthln each band of £10,000 from £60,000 upwards. M there are no suGh transactlons,
please ant•r Yrue. in the box provided.
No employo95 recelved employeè beneffts {oxcludlng omployer
penslon ¢o•tsl for the reportlng pertod of more than £60.1)00
Not Appllub
Band
Number of em
Thls year
lo
Last year
£60,000 to £69,999
£70.000 to £79,999
£80.000 to £89.999
£90,000 to £99,999
£100,000 to £109,999
Thls
ear
Lasl
ear
Please provlde the total amount pald to key management
pergonnel (Includes trustees and senlor management) for thelr
Servlces to the charlty. For Specif￿ amounts paid to truste￿,
see Note 28.
Not Applicable
Not Applicable
CC178 (Exeell
Page 19-21
2010712024

11.2 Average head count In the year
The parts of the charlty in whlch the
employees work
Thls year
Last year
Total
11.3 Ex-gratla payments to employees and othern (excludlng trustees)
Please Gomplete if an ex-gratla payment Is made.
Please explaln the nature of the
payrnenl
Th1• yoar
No
Last year
None
Plea80 State Ihe legal authorlty or
rna8on for maklng the payment
Th18 year
Nono
Last yoar
Thls year
Last year
Please Stat• the amount of the payment (or value of any wafver of
rlght to an asset)
CC17a (Excell
Pag8 1￿21
2010712024

11.4 Redundancy payments
Please complete If any redundancy or temilnatlon payment Is mode In tho perfod.
Thls year
Last year
Total amount of payment
The naturo of tha payment (cash, asset
etc.)
Th18 year
La8t year
Th• oxtent of Mdundancy fundlng at the balance slleet date
Please 8tste the accountlng pollcy for any redundancy or
termlnatlon payments
CC17a (Excell
Page 1￿21
2010712024

Section C
Notes to the accounts
(conti
Note 12
Defined contribution penslon scheme or defined benefit schame accounted for as a
defined contribution scheme.
12.1 Ploase compkn thts not• If a d8fined contn"bution p•nslon sch0n￿ 1$ op•rnted.
Th18 year
Last yoar
Amount of conirfbqrtlons ro¢ognl8ed In th• SOFA as an eX￿n8?
1.292
1,827
Plea8• explaln th• ba818 lor allocallng the Ilablllty and exp8nBe ol
deflned contributlon ￿nsIon scheme betweon actlvltle8 and
b•tween rn8trt¢tsd and unrestrl¢ted fvnd8.
Unre8trlcted fuTrd8
Unrestrl¢ted fund8
12.2 Pl••s• eomplot• thls 8•cUon wher• th• ¢harftyp•thlpat•s In a defln•d ben•fftpenslon plan but Is unable to
a•cert•ln ft• 8harn of the undortylng assets and Ilabllltles.
Pl8a80 conflrni th4t although the
•ehomo18 accountod for as a denned
contr1b￿lOn plan, It 1$ a doflned bonefft
pl•n.
Pl&08e provldo 8uch Infomiatlon a• l•
•vallabl8 abo￿ the plan'8 surplus or
d•flclt and tho Impll¢atlon8, If any, for
th• roportlng ¢h4rlty for th1• y•ar and
last y•ar, 11 dlffer•nt
Ye•
Not Appll¢ab
12.3 Pl••s• ¢ompl•le ¢hl3 se¢tlon wlmro th• chartypwUcip•t•s in • muld4mployor delln•d benefftpen$lon plan
that Is accounted for as a dellnod contrfbuuon plan.
DM¢rlb8 th• extont to whlch the char
can be Ilable to the plan for other
entltle8' obllgatlon8 under th• terni•
and condltlon8 of Ihe muhl4mployer
plan. If th18 18 dlff•rent for last year,
provld• datall•
Not Appllcable
Provide an explanatlon of how any
Ilablllty arlslng from an agroement wlth
multl-employor plan to lund a deflcft
ha8 beon detsrniln•d. 11 th1$ is dmferent
for last Y￿rI provlde dotall8
Not Appllcable
CC17a (Excel)
Page 22
20107r2024

Section C
Notes io the accoijnts
Icontl
Note 13
Grantmaking
Pleas• eamplet• this note rf the charity mgd¢ any grants or(kn￿li￿ which in aggregate fomi a n￿ferla1part of the
This year..
13.1 An41￿10 ofgr•nts pald Ilncluded Sn Cost of ch•rltsbh athilk•
rnnts to
Analy•l•
Grants to Indlvklua
Supm co•ts
Total
Actwrty or project 1
Acts"vty or projgcl 2
Acts'vty or propct 3
Activity or wol¢d 4
Tol41
Pl••s• •nl•r-Nll" Mth• ¢h•rtty do•8 not Id•nty•ndw•llout• support costs.
13.2 Ornnts mado to In•tltutlo
Ploa$• provk
d•tsits of ¢h•rltys
URL.
context ollts grnntmaklng. D•talls ol th• Instllutlon support8d. pury)os• olth•
grnntand to1•1￿ld to •Kh InJUtutkn ts av￿l•blo on lh• clwltys *•b sl1•.
Ilo
Pmvld• d•talls
below
N*mo of In•tStthk)n
Purpo
Total amount ol
r•nts Id £
Totalgrants to Instltutlom In r•portlng wyod
Oth•r un•natys•dgranl¥
TofAL GRANTS PAID
Last year..
13.3 An*
rants pald
Includèd In CO￿ of ¢h•rit•bl• •ebvitM•
rnnts to
Instltutlo
AnalyJl¥
Grnnts to Indmdua
Support C￿tr
Tot•l
Advlty or proi8L* I
CC17a (Exc811
P•J• 2>24
2010712024

Advty orproiect 2
AGlivty or proJ•ct 3
AetNty or project 4
Tot•1
13A Grants mod• to Insthutl¢)ns
Ple•s• provlde
delalts of charltys
URL
My Charty has made grants to wrtkular Inslltths that are mat•rfalln the
context (rflts qrantmaking. D•tails olthe Inslllutlon supported. pu￿￿¢ of th•
grnnt•nd tot•lpald to ••ch Instltudon Is av4U•bl• on lh• ¢1w1ty￿ *lt•.
Y•#
Pmvld• d•t•ll•
Namm of In•tSiullon
Ptsrpo
MTrjsh￿ary supwrt
MissK)nary sups*Nt
Missionary supwt
Mi88k•nary 8UPPOrt
Rel￿1 of Poverty
Moal hometh$
Mi58ionary ¥upport-working with alcohdic$
Donation
Total amount of
rants p•ld £
1,440
1,440
1.440
Unrtgd lfjngdom
Ukraine
Burklna Fa80
Greece
1,440
1,200
Turkey-Earthquale Rdlel
Soulhall
7,500
9.600
600
Wal88
St Matthws Church
Mi88ionary C•nlre
Donats'on
1.000
Tol•lgrnnts to In8ueuUoN In r•portlng p*lod
Oth•ruMn•ly8edgY•nts
TOTAL GRANTS PAID
19,660
19660
CC17a (Excell
P&Je 2>24
2010712024

111111
111111
111111
11
111111
111111
111111
111111
111111

11
Dlll
1111

I

Seciioii C
Notes trj 11)e accoLI(ItS
Nots 17
Invttbn•nt a￿Ots
17.1 Fixed as•ets Invoskn•nts pro¥klo fOr￿h Cla￿ ol In¥￿tr￿nt)
T￿1
CaTrW)o ffair) whje 8t bIg￿r￿ of
Add.. additions lo ImB1m￿ IjL￿r4
pe￿0d.
L•¥s.' dk8po8aJ& al cwrWr¥ vak
L•M'. Imylnnonts
Add: R•v•rn•l of Impjlrnwn
Add1ld8dU￿}.' tr9r@￿In1l￿
pellod
Addlld•duetl: n•t g•WIknMI on
re¥81u81￿n
tafty￿9 U81r) Val￿ at dyaar
¥PocIfy addltlon• from
•¢qUI•￿Or• through bu•ln•u comblriitfoN 11
Ill• th• tru*¢w'or MIU￿.&•It•$#m•1O of l•lrv•lthi.
17.2 Pl•a•• provld• a bymkdown of Inv••kn•nt• •hown •bov• *gr••ing with th• •h••t row B04
dlff•r•ntlatlng b•lw••n thos• h•lrf *t f•Sr valu• •nd thou h•ld at ¢o•t 1••8 knylnn•nL
Th1* y••r
Analy•l• of Inv••trnMI*
F•lrv4I••tyMr•nd
••tIM• Imp•*Thni
fAsh or¢Mh •qul¥•l•nts
U*d Inv••kn•M•
Inv•strn•nt propertl••
Soclal Invmthwrbts
Olh¢r Inv•Btm•rts
Totsi
Qrnnd tolal IF￿r¥ll￿• •ty•ar•nd*C0￿ l••¥ Imp•
An•ty•kn ol Inv••tsMI)i•
F•irv4lu• •¢y•w•nd
Ctsh or u•h •qufv•knnl•
Lht•d Inv••tMnl•
Invg•tm•nt
$0¢1al In¥•th)wts
Oth•r Inv••kn•nl8
Toi•l
Ornnd tol•l IF*lrvalu• at y•w•nd+C*xi IM• Impthii•n
CC174 (Exdl
20n7Q024

17.3 If your charfty hold• Inv••knont prtsw15•*y pl•••• complots th• foll¢rthg not•:
Thii y•ar
111 Explakn ¢lhi mthod• ahd •lqnlfi¢ant auumpllw In
dotomilning th• f•lr valu• olln¥alth￿ propwty h•hS tyth•
Gharlty
1111 Nom• or lfid•p•rKhrtv￿￿8r. W•ppllcabl•. Ind r•kn•nt
qu•llficallon*
11111 Pmld• d•t•lh ol•ny rMtrkUon¥ on th• •Wlty 10 rn•fi••
IrNMlm•nt Of orb th• rnmtl1•n￿ of IrK(xn• or
db•pwl proc••d•
Ilv) Exwaln any contrnClu•l obllg•iions forth• purthM•.
dw•loFYn•n¢ of Inv••trMnt WOP*ty orlor
r•p•lrn. m•lnt•n•ne• or Onh•r￿m•nts
17.4 Plo••• provkl• a bY••kdty￿ ofcuminta•••t knv••trMnts. If*pplk•bl•. *9rn•lno wlth th• •h••L
A￿￿[4 of¢un•nt ••••t Inv••kn•nlB
L*t ygar
CaBh or ca•h •qulv•l•nl•
226.4
2tsJ.048
Inv••tsMnt prop•rtl••
8od•l Imi8s¢m•nts
Othor Inv••tm•nt•
Total
226.4
2DJ,Iy8
17.0 Gu•rnnt•
Pl•M• p¥•vkl• d•i•ll• •nd •m•W￿01•ry 91￿m•• m*d• tr)
oron I￿h•11 of • Ihlrd P•rfy
gu•rant•••
Pl•a•• •xp￿1￿ h¢Y* trb• guw•nt•• th• charfty••hTrB
CC17a
2W7rd024

17ffj ConcM•M>nary lo•r•
L#t>wrÈ
Amountol CO￿￿#10￿ry mado1¥
Inlom¥Uoft
Amrjvnt ofconeomloniry I￿￿5 f•c•l¥•d
lo•nx
Trkn￿r£
LI￿y￿r£
Thkn y••r
L••t ymr
T•mM and ¢ondklon• •0 Irth*t r•t•. ••cuilty
Valu• ￿ •ny con¢M•lom•ry lo•ft• whlch
b••n commltt•d birt blot l•k•n th• rnp¢rti
d•t•
AMOUnt• ￿￿ts1•wIth￿ l ymr
Amounts pay•bl• 4fl•r morg th•n 1 y•r
Amounty mc•lv•l￿• wlthln 1 bY•r
Amounts r•c•lv•bh •ft•r mor• th•n 1 y••r
17.7 Addltlonal Inft*m￿1I0n
P￿4￿4 pro¥ld• InlomwYoTh abou¢ th• ￿gnIfI￿rt
ol InveBtrThinii to e*arfty• Ilnanelll po•M
or pèrformanc• gg. tOMl• eond6tloM of
orth• u•• olh•dglno to m•M9• Ikwnebll rkn
Fty all In¥•thenty mMsuv•d It hlrv41u•. th•
••¥umptlon¥ appll•d wh•n ￿1￿9 • valu•llon
techtsl4u•.
Wh•rn * ¢havlty proYld•d IIMncl•l
fomi ol $8CUrtty. th• ¢wrrylt)g *mount ofthe
ffmnclol ••t•t plodg8d u ¥¢urlty arnl Ih•t•rn*
ond condltlon* r•l•tlng to W•dw
CC171 (Exc4)
20h1712024

Sectior) C
Notes lo the accounts
Icontl
Note 19
Debtors and prepayments
Pleas• complete thls not• M the chaty has any
d•btors orprepaymon
19.1 Anaty81B of debtor8
Thh yoar
Last yoar
Trado dobtorn
Prepayments and •¢cru•d Incomo
Oth•r d•btorn
1,041.0
1,129.0
1.041.0
Total
1,129.0
Plea88 complete 19.2 wh•rn a mat•rlal debtorls r•covernble morn than a yearaftw th• r•portlng dat•.
19.2 Anatyols of debtor• rn¢ov•rnbh In mor• than 1 yoar (Included In d¢btorn •bovel
Thh y￿r
La•1 year
Trad• dobtorn
Pr•paym•nt8 and accrued Incom•
Other dobtoY•
Tot•1
CC17a (Excell
Page 31
20107R024

Section C
Notes to the accounts
Iconti
Nots 20
Credttors and accruals
Please complete thts noto M the chaiyty has any cr8dltors or accruals.
20.1 Anaty•l• of crgdltors
Amounts falling due wlthin
on& year
Thls year
Last year
Amounts falllng du• aft•r
more than one y•ar
Thh year
La8t year
Aecru•l• for grants payable
Bank loans and ovordraft8
Trad• credltorn
Paymonts rocalv•d on a¢¢ount for contracts or
perforniance4olat•d grants
Accrual• and deferrod Ineomo
T•x8tlon and •oclal so¢urlty
Oth0r er8dltov•
2,232
2.277
Totsl
2,277
20.2 Deferred Incomè
Plea$• complete thls note M the eharfty has deforred Income.
Pleas• •xplaln th• r••$on8 why Incom• l• deferred.
L••1
•ar
Movomont In d•f•rnd Ineom• K¢ount
Thls yèar
List year
Balance at th• Start of th• roportlng ￿[lod
Amounts addod In curr•nt perfod
Amount8 r•l•a•od lo Incomo from pr•vlous p8rlod8
Balanc• 41 the ond of the reportlng p•rlod
CC179 (Excdl
Page 32
2010712024

8tClioii C
CMh at and kn h•nd
Thkn ymr
L•sty•*r
8h011 t•rm dopo•lt•
¢••h at bank •nd
181,948
148.871
51.177
Totyi
26.4
CC178 (Ext
2Dm712024

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Soctioii C
Notes to the accollnts
Note 28
Tr#n8aetion8 with tru•kn• and nthied part
28.1 Tru#t•• r•mun•Trllon and ￿n•fv
Th[8 y•ar
omplrymBnt *lth th*lreh•rfty w• r•l•W 8n¢*y (fnwor F•*•l
TRUE
L•g•l
ord•r. go¥•rnlNJ
TOTAL
{1￿￿11￿4
provld• an •xW•ft•Uon olth•n•Éurn olth•p•ym•n¢
La•t ymr
nploym•Mwtth th￿r ¢hwlty or• r•l•t•d •bW (Tn￿ tyP•l••l
AmtyJrtB pjkl Orb•fi￿ nlu
L•gal
Il•dunda
YOTAL
N*n• oftrwt
CC174 IExc4)
P•9• 364•
2W7r2024

2 Tvu•t•08' •xp8n
Notrw*o•xwMM h*¥• b••n In¢urrnl or Fal••)
Typ• of•xp•rn•B fvlmburn•d
L••t y••r
Trav•1
Accamm¢d•tlon
Oth•rlpl•o•• swlfy):
TOT
had •xp•n•M p•ld by th• ¢hrfty
20.3 Tr•niacflonl•l wlth r•l•tsd p•rtl•¥
*ru•'ln th•boxpmvld•t
Thh y••r
Th•Y• h•￿ b••n fio rnlthd p•rty tr•rn*ihn• In tr• P￿d ffn•• or F•l••l
R•thUon•hlp
Charlty
or r•lat•d p•
Dw¢rfpkn ￿th•
wrtu•n off
dltrfn
mportlno
lor b•d d•bl•
•t p•rlod •nd
t•mM condllons, IncluthB•nyi•eurltyandth• n•rw•
C¢17• IExc*l
Pw 3J->J
20n712024

L4•tyear
Th•M h•¥• b••n no r•l•tsd P•ny tr•M•¢kn in th• F•rtod (TnJ• or F•l••l
N•m• ofih•tr
or r•lits# p•rty
R•knFon•hlp
to c￿lIty
Dmcrfpuon ofth•
8al•ne•
p•rfod •nd
Pr•¥lBbon for ba4 d•bty
•t p•dort •nd
wrftt•n off
durlr
r•poning
p•rlod
l•nn• al￿¢0￿￿119nl thcludln9•ny *•cii•ty•ndlh• D•ltsm
of•nyp•ym•nl (C￿l￿￿•￿j to b•wovld8dln Mllkn•rt
CC17• IExe¥l
2W7f2D24

Section C
Notes to the accounts
Note 29
Additional Disclosures
The ft)Ilowlng arn significant matters whiGh are not covered In other not•8 and need to be Included to
provida a piop•r understandlng of the accounts. If thero is in6ufficl6nt room here. pleaso add
#eparat• 8heeL
None
{contl
CC17a (Excell
Page 39
2010712024

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000
000

CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees. Annual Report for the period
From
0110112023
To 3111212023
Charity name: RAYNES PARK KOREAN CHURCH
Charity registration number.. 1128349
Objectives and Activities
Summary of the purposes of
the Charity as set out in its
goveming document
P4r•1.17
To worship God within the Presbyterian falth.
To develop religious education for Korean
speakin8 congregation in and around London.
To provide a help network for underprivlle8ed
Koreans in The U.K.
To support Korean community projett5 In the
UK. Europe and KO￿a.
To provide financial support for overseas
Christian mlssions
Provision of quarterty financlal support for
overseas Christian missions in Ukralne. Greece,
Lebanon and the United Kingdom
Summary ofthe main
activitie8 in relation to those
purposes for the publlc
benefit. in particular, tha
activities, projects or
servic8s identffied in the
accounts.
P•rn 1.17 and
Or8anisatlon of religlous education and church
and sport activities for younger members of the
congregation.
Del￿ery of financial aid and food relief to
underprivileged Koreans In the UK and Korea.
Statement confimiing
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on publi
benefit
P*a1.18
The trustees have had regard to the 8uidance
issued by the Charity Commi551on on Public
Benefit. No trustee is receivin8 any benefrt or
salary from the charty.
Addltlonal infomiatlon (Optionall
You ma choose to include further statements where relevant aljoirt:
Policy on grant making
1.38
NIA
P¥r• 1.38
NIA

Policy on ￿la1 investment
inciuding program related
investment
Contribution made by
volunteers
ParA 1.38
NIA
Other
NIA
Achievements and Performance
Summary ofthe main
achievements of the charity,
identifying the differen￿ the
charity's work has made to
the circumstances of rts
ben8ficiaries and any wider
benefits to SOCl8ty 88 a
whole.
P¥•120
The Church was able to support its various
charitable artivitles and in particular..
The church has malntained its support for
missionaries amountin8 to £6.96012022
£6,061).
Amounts pald out were as follows..
To missionirles and refugees In..
The United Klngdom £1,440
Greece £1.440
Lebanon £1.440
Ukraine £1.440
Earthquake Relief- Turkey £1,2ts)
Meal SerVi￿- Southall £1,5CX)
St Mathews Church £600
Missionary ￿ntre £l.LXQ
Alcohollc Support in Wales £9.6Crt)
SS8nificantly the church was able to invest in
POSt-natal courses for expectant mothers as
follows..
Family foundation £3,14012022 £3.620
Other church actrvlties Includlng outdoor
worship £2.371

You ma
Choose to include further statements where relevant about..
Achievements against
objectives set
Parg 1.41
Perfomiancé of fundraisin9
activities against objectives
set
Para 1.41
Not Applicable
Investment perfomian
against obje￿iveS
P4r8 1.41
Not Appllcable
Other
None
Financlal Revlew
Review of the charty's
financial position at the end
of the period
PATh 1.21
The charity relies solety on donations from
Sunday Collections at Church Servlce5. There
have been no other fundraisin8 activltles In
2022.
A summaryoflts Income and expendlture 2022
120211 on its CO￿ objectlves was as follows-.
2023
2022
£142,566 £123,097
Inc<*ne
EJtp•ndlture:
Reli8ious Education £ 73.597 £ 72,510
Social Support
£ 20,860 £ 11,440
Community Projects £ 10,505 £ 10,510
Govem•nce costs
£ 11,040 £ 19,485
Surplus I (Deficlt) £ 26.564 £9,152
Statement explaining the
policy for holding reserves
stating why they are held
Parn 1.22
The charity keeps on depogt sufficient funds to
ensure that it can meet rts commitments to
meet annual salaries and rent of the church
hall for al)out 12 months in advance.
£226.490
Not Appllcable
Amount of reserve8 held
Reasons for holding zero
reserves
Delails of fund materially in
deficit
Par• 1.22
P•ra 1 22
124
Not Applicable

Explanation of any
uncertainties aljout the
charrty continuing as a going
concem
Para 1.23
Not Applicable
Additlonal infomiation (optional)
You ma ch008¢ to include further ststements where relevant about..
The tharity's principal
sources of funds (including
any fundraising)
Parn 1.47
Members donations
Investment policy and
objectives including any
social investment policy
adopted
Par• 1.46
Not Appllcable
The major risk is that members Sunday
collections may be insufficient to cover
contrartual obligations. To manage this risk,
annual budgets are prepared and approved by
church members in December of each year for
the next yearcommencin8January. The artual
receipts and payments for each quarter a
reported to members In the month aftereach
quarter, so that a constant quarterly check 15
made on collectlons and obligations. In
additlon, church members who a￿ employed
agree to pay a fixed proportion of their Income
in the fom) of tlthes, which forms the
guaranteed minimum which the church can
anticipate to meet its annual commitments.
A description of the principal
risks facing the charty
Pwa 1.46
The other major risk is over the cash and
cheques spent by the charity. All cash spent
must be authorised wlthin the annual bud8et,
and cheques and cash issued for charity
expendlture must be properly supported by
receipt5. which are summarised weekly and
authorised by two res
nsible trustees.
The church has been able to function Since
January 2021. despite the effects of Corona
Virus. Sermons have been held by video
conferencing. Income increase during the
pandemlc due to members supportin8 the
church and expenses of te congregation
restricted due to social distancing measures.
Other
Structure, Governance and Management

Descripb'on of charity'8
trusts-.
Type of goveming document
How is the charty
constituted?
Para 1.25
Trust Deod
Para 1.25
Unincorporated Association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or nam8 of
any person or body enttued
to appoint one or more
trustees
Parn 1.25
W3rds majorlty of the Church
Additlonal Infomiatlon loptional)
You ma
choose to include further statements where relevant about..
Trustees are selerted from the elders of the
church, and follow the Presbyterlan sysrem of
induction and training as laid down in the
Presbyterian manual adopted from the
Presbyterian Church of South Korea.
Policies and procedures
adopted for the induction
and training of trustees
Parn 1.51
The Church is a member of the Presbyterian
Church of Korea and its pastors are selerted
from Presbyterian seminarie5 in the Republlc of
South Korea.
The charity's organisational
strudure and any wider
network with which the
charty work8
Pm1.51
Relationship with any
related parties
Parn 1.s1
None
Other
Reference and Admlnistratlve details
Charit
name
Other name the charrt
Re
istered cha
number
Charty's principal address
nes Park Korean Church
NIA
1128349
133 Claremont Avenue. New Malden, Surrey, KT3 6QR.

Names of the charity trustees who manage the charty
TnJ8tre nam•
Office lrfanyl
Dat•# act•d 11 rlot for7￿?
ear
Chairman
Secretary
Treasurer
Name ot person lor body) •ntitled
oint tru$tee
Ifan
213rds of Congregation
213rds of Congregation
213rds of Congregation
Mr Jae Min Kwon
Mr Myung Soo Bae
Mr Seng Hyen Jo
10
11
12
13
14
15
17
18
19
20
orate truslees - names of the directors at the date the re
Dlrector name
rtwas
roved
NIA
Name of trustees holding title to property belonging to the charity
Tru•t•• Mm•
NIA
Daf•• aet•d If notforwho
•ar
Funds held as custodian trustses on behalf of others

Description of the a￿ts
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 ft)r
safe custody and
segregation of such assets
from the charity's own
assets
Not Applicable
Not Applicable
Not Applicable
Additlonal Infomiation loptlonal)
Name8 and addre88e8 of advisern Ioptlonal informatlon)
Typo of
Name
advlser
Addr•88
Accounta
R A Mrtchell & Co Ltd
173 Wainscott Road, Wainscott, Rochester. Kent. ME2
4JX
Name ol chlof •xe¢utive or names of senlor stsff membors {Optlonal Infom)atlonl
Exemptlons from dlsclosure
Reason for non4isclosure of ke
Not Appllcable
rsonnel detalls
Other o
tional infonnation
None
Declaration8
The trusteos declare that they have approved tho tiust•O8' report above.

Tho trustees declare that th•y h•ve approw•d th• trust•e8' report al)ove.
Sl9n•d on behalf of the charity's trust8e•
81gnaturel81.,
Full nam•(sl Mr Myung &xJ
Positson leg Secretary. Eecret*y
Chair. •tc)I
Datsl
My Serg Hyun Jo
zgzt