Registered number 10155669 BEAUTIFUL CHURCH LONDON Trustees. Report and Unaudited Financial Statements 30 April 2025
BEAUTIFUL CHURCH LONDON Report and accounts Contents Page Trustee's Report Independent Examineffs Report Statement of Financial Activities Balance Sheet Notes to the Accounts
BEAUTIFUL CHURCH LONDON Registered number: TRUSTEE'S ANNUAL REPORT FOR THE YEAR ENDED 30 April 2025 10155669 The Trustees, who are also the directors of the company for the purposes of company law, present their report and accounts for the year ended 30 April 2025. REFERENCE AND ADMINISTRATIVE DETAILS Charity Name: Company No.: Charity Number: Website: BEAUTIFUL CHURCH LONDON 10155669 1171759 .'IlwM.bkclondon.coml Registered Address: Unit 2, 5 &6, Second Floor, 3941 High Street, New Malden, Surrey, KT3 4BY Trustees: Jungu YOON Eunmi LEE Ji Sook LEE Banker: Barcalys Bank PLC 1 Churchill Pla. London, E14 5HP, United Kingdom Independent Examiner: Kye S Yin (FCCA. AAIA. MAATI Unit 2, 5 & 6, Second Floor, 39-41 High Street. New Malden, Surrey, KT3 4BY STRUTURE, GOVERNANCE & MANAGEMENT Governing Document BEAUTIFUL CHURCH LONDON is a charitable company limited by guarantee, which was incorporated on and govemed by its Articles of Association dated. 29th Apnl 2016. as defined by the Companies Act 2006. Risk Management The trustees have a duty to regularly reviewthe risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees do no consider that there are any substantial risks beyond the liabilities disclosed in the financial statements. OBJECTIVES AND ACTIVITIES Objects The advancement of the Christian religion for the benefit of the public through the holding of prayer meetings, lectures, public worship, Christian outreach and producing andlor distributing literature on Christianity to enlighten others about God and the Christian religion. Activities Activities during the year included-. An enquiry service for trustees seeking an independent examiner Providing Bible study lectures for international students and Church members in London Holding of prayer meetings and public OWTship to the general public Providing financial support and missionary to the Churches and local communities outside UK.
BEAUTIFUL CHURCH LONDON Registered number: TRUSTEE'S ANNUAL REPORT FOR THE YEAR ENDED 30 April 2025 10155669 Public Benefit The trustees confimi that they have had due regard to the pulic benefit guidance published by the Charity Commission in exercising their powers or duties. as required in the Charities Act 200612011. FINANCIAL REVIEW General Fund income was £70,174 {2024'. £57,812). all from donations. Expenditure was £64,991 {2024= £64,306) resulting as Net income of £ 5.183(2024'. net loss of £6,494). APPROVAL This report, lch has been prepared in accordance wth the provision in the Companies Act 2006 relating to small companise. was approved by the trustees on 28 Feburary 2026 and signed on their behalf by= Jungu YOON - Trustee Giwook Byun - Treasurer Date.. .3110112026...... Date: .3110112026......
BEAUTIFUL CHURCH LONDON INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEAUTIFUL CHURCH LONDON I report on the accounts of BEAUTIFUL CHURCH LONDON for the year ended 30 April 2025 which are set out on pages 4 to 9. Respective Responsibilities of Trustees and Examiner The Society's trustees are responsible for the preparation of the accounts. The Society's trustees consider that an audit is not required for this period under section 144{2) of the Charities Act 2011 (The 2011 Act) and that an independent examination is needed. It is our responsibility to.. (i) examine the accounts under section 145 of the Charities Act (ill to follow the procedures laid down in the General Directions given by the Charity Commission under section 145{5}{b) of the Charities Act, and (iii) to state whether particular matters have come to our attention. Basis of Independent Examinerfs Statement Our examination was carried out in accordance General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and it seeks explanations from the trustees oncerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequentty no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination, no matter has come to our attention.. which give me reasonable cause to believe that in, any material respect, the requirements.. {1} to keep accounting records in accordance with section 130 of the Charities Act,. and (li} to prepare accounts Nthich accord with the accounting records and comply wth the accounting requirements of the Charities Act have not been met. or 2. to which, in my opinion, attention should be drawn to enable a proper understsnding of the accounts to be reached. Kye S Yin {FCCA, AAIA, MAAT, MBA) Chartered Certified Accountants Unit2,5&6 Second Floor 3941 High Street New Malden, Surrey KT3 4BY 3110112026
BEAUTIFUL CHURCH LONDON STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 April 2025 Unrestricted Restricted Funds Funds Totsl 2025 Total 2024 Notes Income from: Voluntary Income 70,174 70,174 57,812 Charitable Activities Investments (Interest Receivable) 70,174 Expenditure on: Charitable Activities 64,991 64,991 64.306 Net Incomel(Expenditure) 5,183 5.183 6,494 Transfers between funds Net Movement in funds 5.183 5,183 6,494 Total funds brought forward 22,917 29,411 Total funds carried forward 28,100 22,917
BEAUTIFUL CHURCH LONDON Registered number: Balance Sheet as at 30 April 2025 10155669 Unrestricted Restricted Funds Funds Total 2025 Total 2024 Notes FixedAssets Tangible Assets 2.954 2,954 3,282 Total Fixed Assets 2.954 Current Assets Debtors Cash al bank and in hand 12.311 13,409 25,720 19,635 Total Current Assets 15,265 13,409 22,917 Creditors: Amount falling due within one year 574 574 Net Current Assetsl{Liabilities) 14,691 13.409 Total Assets Less Current Liabilities 14,691 13,409 22,917 Creditors: Amount falling due after more than one year Provisions for liabilities and charges Total Net Assets Funds of the Chari Restricted funds Unrestricted funds General Income Fund 28.100 28,100 22,917 Totsl Funds The trustees (who are also the directors of the company for the purposes of company lawl confimied that for the year ended 30 April 2025= - the company is entitled to exempb'on from audit under section 477 of the Companies Act 2006, and - member have not required the chanty company to obtain an audit of rts financial ststements for the year in question in accordan wth Section 476 of the Companies Act 2006. The truslees acknowledge their rest)onsibilities for. - ensuring that the charitsble company keeps accounting record that comply wth Sections 386 and 387 of the Companies Act 20L The accounts which have been prepared in accordan with the prowsions in the Companies Act 20(E relab'ng to small companies, were approved by Ihe trustees on 31st Jan. 2026 and signed on their behalf by". Jungu Yoon - Trustee Giwook Byun - Treasurer Date.. .3110112026..... Date=...3110112026.....
BEAUTIFUL CHURCH LONDON Notes to Ihe Financial slatements for the year ended 30 April 2025 Accounting policies (al Basis of preparation The accounts have been prepar&J under the historical cost convention and in accordan with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, the Charities Act 2011, Accounting & Reporting by Charities.. Statement of Recommended Prath' {Charties SORP FRS1021. {bl Income Resources l incoming resoUrS are included on the staterrent of Financial Activities when the charity is legally entitled to the income and the amount can be quantified V*4th reasonably accuracy. Voluntary Income Voluntary income is re1v by way of memberfs subscriptions and donations. Members, subscriptions income is credited in the financial statements in period when it is r1ved. No adjustment is made in spect of subscriptions outstsnding or reiVed in advan. Donations are taken to income in the year of reipl. Interest Receivable Interest on funds held on deposit is induded when receiveable and the amount can be measured reliably by the charity," this is normally upon nobfication of the interest paid or payable by the bank. Charitable Activities Incoming resources from charitable activities are aUnted for in the period when the production takes place. Income is deferred when admission fees are reiVed in advan of the perf0mlan$ lo which they relate. (cl Expenditure and liabilities Expenditure is recognised on the accurals basis. The charity is not registered for VAT, thus all costs are shown inclusive of VAT charged. {dl Tangible fixed assets Tangible fixed assets are measured al cost less accumulative depreciation and any accumulative impaimienl losses. Depreciation is provided on all tangible fix&J assets, other than freehokl land, at rates calculated to write off the cost, less estimated SIdUal value, of each asset eventy over ils expected useful lrfe. The charity does not currently have any capitslised assets. Fitting Out, Improvements & Equipment '. Over 5 years (el Taxation The charity is exempt from corporation tax on its Charitab activities. (f) Funding Accounting Unrestricted Fund5 Unrestricted funds can be used in accordan with Ihe charIlab objectives at the discretion of the tnjstees. Restricted Funds Restricted funds can onty used for particular restrTCted purpose within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. {gl Creditors Short terni creditors are measured al transaction pri {which is usually the Invol pricel. Loans and other finanual liabilities are initially recognised al Iransaction price net of any transaction costs and subsequently measured at amortised cost determined using Ihe effective interest melhcxl.
BEAUTIFUL CHURCH LONDON Notes to Ihe Financial slatements for the year ended 30 April 2025 2 Tangible Fixed Assets Fixtures Leasehold Land & ments Buildin Fittin ui Cost At 01.05.2024 8,768 8.768 Cost at 30.04.2025 8.768 8.768 De reciation At 01.05.2024 Charge for the pericAY 5.486 328 5.486 328 Depreryation al 30.04.2025 5.814 5.814 Net Book Value At 30.04.2025 2,954 2.954 At 30.04.2024 3,282 3,282 3 Voluntary Income Unrestricted Restricted Funds Funds Totsl 2025 Total 2024 Donation for Christrnas Donation for Easter Donation for New Year Donation for Thanks Donation for Thanks giving Donation- Regular donab"onlTrthel Donalion-mission funds Interest re1vable One off donalionlGener811 Other operating income 100 651 770 11.345 100 651 770 11.345 206 43,062 5,496 534 470 524 11.584 580 32,633 745 188 7,942 2,612 43,062 5,496 6,055 2,490 6,055 2,490 70,174 70,174 57,812 4 Income from Charitable Activities Unrestricted Restricted Funds Funds Total 2025 Total 2024 Charity Event Others 5 Income from Investments Unrestricted Restricted Funds Funds Totsl 2025 Total 2024 Interest Receivable Total Income: 70,174 70.174 57,812
BEAUTIFUL CHURCH LONDON Notes to Ihe Financial slatements for the year ended 30 April 2025 6 Expenditure on Charitable Activitie5 Unrestricted Restricted Funds Funds Total 2025 Total 2024 Direct Costs Charilible Expenditure Lecture Fees MislIaneouS Cost 19,031 201 19,031 201 5,157 488 939 19,232 19.232 6.584 Su ort Costs Accountancy fees Advertising and PR Depreciation Education and Training Equipment expensed Insuran Management fees Members meeb.ngs Motor expenses Motor expenses- Fuel Pensions Rent- Mokyang Hall Repairs and maintenance Slalionery and printing Subscriptions Subsisten Travel and subsislen 100 214 328 2.363 2.735 214 328 2,363 2,735 808 1,952 1,085 494 35 2,001 1,705 1,705 425 20.910 425 20,910 2,958 30,705 106 27 606 810 810 Wages and salaries 16.268 16,268 16.835 45,758 45.758 57,722 Total Costs: 64,991 64,991 64,306 7 Movements in funds As at Incoming Outgoing 3010412024 Resou$ Resources Asat 3010412025 Unrestricted funds General fund 22.917 70.174 64.991 28.100 Restricted funds Total Funds 22,917 70,174 64,991 28,100
BEAUTIFUL CHURCH LONDON Notes to Ihe Financial slatements for the year ended 30 April 2025 8 Cash at Bank and in Hand Unrestricted Restricted Funds Funds Total 2025 Totsl 2024 Cash at Bank Cash in Hand 8.668 3,643 13,409 22,077 3,643 18.801 834 12,311 13,409 25,720 19,635 9 Creditors and Accruals Total 2025 Total 2024 Trade Debtor 9 Creditors and Accruals Total 2025 Total 2024 Trade Creditors Pension PAYE & Nl Contributions and Pension 214 360 574
VT Final Accounts Final Audit Report 2026-03-09 Created.. 202&0M9 By.. Giwook Byun {gbyUn@hanWha.cornI Status.. Signed Transaction ID.. CBJCHBCAABAA9clHI)c¥bcQEiQNBxQ5Qvc3yNR21pLLNy "VT Final Accounts" History Document created by Giwook Byun (giwook.byun@hanwha.com) 2026-0>09- 10..15..24 AM GMT Document emailed to Jungu Yoon {yjg1103@hotmail.com) for signature 2026-0&09- 10.'15.'29 GMT Email viewed by Jungu Yoon (yjg1103@hotmail.com) 2026-0&09- 10.'19.'42 GMT èr• Document e-signed by Jungu Yoon (yjg1103@hotmail.com) Signature Dale: 202f9- 10:20:12 AM GMT- Time &JUr. server Agreemer)t completed. 2026-03-09- 10.'20.'12 GMT Adobe Acrobat Sign