## **Trustees’ Annual Report for the period**
## **From: 1 January 2020 to 31 December 2020**
## **Charity name: Social Mission Institute**
## **Charity registration number: 1172975**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**See Appendix 1 – at the back of this**
**form**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**See Appendix 2 – at the back of this**
**form**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have had regard to the**
**guidance issued by the Charity**
**Commission on public benefit.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**As a summary of the main**
**achievements of the Charity during the**
**relevant period:**
**1)Free advisory support to"Han-Gyeol-**
**Ee" North Korean Saturday School– the**
**Charity is in the process of supporting**
**the Saturday School to apply to be a**
**registered charity, so that the School**
**can obtain third party funding more**
**easily once it registers as a charity.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Due to the Covid-19 pandemic, the**
**Charity has not had to make any**
**financial grants to support the activities**
**of "Han-Gyeol-Ee" North Korean**
**Saturday School, because the school**
**has not been open for the duration of**
**the pandemic. As such, the Charity has**
**not had to focus on efforts to raise**
**income for this purpose during this**
**financial year.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Due to the very small size of the charity**
**and minimal level of outgoing overhead**
**costs and limited expenses (no**
**expenses have been incurred during**
**this financial year), the trustees are of**
**the view that a reserves policy is not**
**required at this stage.**|
|Amount of reserves held|Para 1.22|**£667**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Appointed by board of trustees**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|Social Mission Institute|
|---|---|
|Other name the charity uses|SMI|
|Registered charity number|1172975|
|Charity’s principal address|286 Malden Way, New Malden, Surrey KT3 5QS|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Sung-Hyui Park|N/A|Wholeyear|N/A|
||Kangae Byeon|N/A|Wholeyear|N/A|
||Jong-Min Park|Chair|Wholeyear|N/A|
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## – Corporate trustees names of the directors at the date the report was approved
**Director name N/A**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**N/A**|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets N/A 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 for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||Sung-Hyui Park||
||
Trustee||
||31 October 2021||
||31 October 2021||
## **Appendix 1**
1. TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES AND SUPPORT FOR PERSONS LOCATED IN THE UNITED KINGDOM, INCLUDING IN PARTICULAR BUT NOT EXCLUSIVELY IMMIGRANTS, REFUGEES AND ASYLUM SEEKERS FROM NORTH KOREA AND SOUTH KOREA, WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THOSE PERSONS WHO HAVE NEED OF SUCH FACILITIES AND/OR SUPPORT BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND/OR ECONOMIC CIRCUMSTANCES, BY MEANS INCLUDING BUT NOT LIMITED TO:
A) THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION;
B) THE PROVISION OF GRANTS AND AWARDS TO INDIVIDUALS AS WELL AS ORGANISATIONS ADVANCING SIMILAR OR COMPLEMENTARY OBJECTS; AND
C) THE PROVISION OF VOCATIONAL, SKILLS AND/OR OTHER TRAINING, MENTORING AND ADVICE (LEGAL OR OTHERWISE).
2. TO ADVANCE THE EDUCATION OF THE GENERAL PUBLIC IN KOREAN ARTS, HERITAGE, HISTORY AND CULTURE, BY MEANS INCLUDING BUT NOT LIMITED TO THE PROVISION OF COMMUNITY CLASSES, EXHIBITIONS AND CONCERTS (IN ALL CASES OPEN TO THE GENERAL PUBLIC) ON SUBJECTS INCLUDING KOREAN CALLIGRAPHY, KOREAN TRADITIONAL AND MODERN MUSIC AND DANCING, KOREAN FOOD AND KOREAN HISTORY.
## **Appendix 2**
The trustees of the Charity having had due regard to the Charity Commission's guidance on public benefit (including but not limited to the Commission's guidance on "Public benefit: the public benefit requirement" (PB1)) in the planning of the Charity's activities, the Charity has carried out the following key activities during the relevant period, in each case for the public benefit and towards the advancement of the Charity's charitable objects:
## **Free advisory support to "Han-Gyeol-Ee" North Korean Saturday School**
In the furtherance of the Charity's object to provide facilities and support for refugee and asylum seekers from North Korea who have need of such facilities due to their youth, financial hardship and/or social circumstances, the Charity provided free advisory support to "Han-Gyeol-Ee" North Korean Saturday School in order to help the Saturday School to apply to be a registered charity, so that the School can obtain third party funding more easily once it registers as a charity.
By way of background, the Saturday School seeks to provide North Korean children of all ages with the opportunity to improve their Korean skills, as many North Korean young people did not have the opportunity to receive proficient schooling and Korean language education when they were living under the North Korean regime. The Saturday School provides the opportunity for North Korean young people and their families to have a place in the community where they can meet regularly, learn together and socialise, and also encourages integration and communication with the local South Korean population as the Saturday School is open to anyone who wishes to attend, so a number of South Korean young people also attend the school. The young people attending the school are also given the opportunity to improve their confidence and enhance their sense of personal identity through developing their Korean skills. The Saturday School is entirely free to attend, and is run by volunteers, to ensure that financial circumstances do not deter any North Korean, South Korean or others to wish to learn from attending.
Due to the Covid-19 pandemic, the Charity has not had to make any financial grants to support the activities of "Han-Gyeol-Ee" North Korean Saturday School, because the school has not been open for the duration of the pandemic. As such, the Charity has focused its attention towards providing free advisory support for the School to consider its future plans, particularly helping the School with
progressing its application to become a registered charity in its own right, which will help to build the School’s profile and enable it to raise funding from third parties and other charitable organisations more easily.
||**Social Mission Institute**
**Charity Name**|**Social Mission Institute**
**Charity Name**|**Social Mission Institute**
**Charity Name**|**1172975**
**No (if any)**|**1172975**
**No (if any)**|**1172975**
**No (if any)**|**CC16a**|
|---|---|---|---|---|---|---|---|
||**For the period**
**from**|01-Jan-20
Period start date|**To**||31-Dec-20
Period end date|||
|||||||||
|**Section A Receipts and payments**||||||||
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**£667**
**667**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Last year**
**to the nearest £**|
|None|**-**||||||**4,762**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|
**-**||||||**4,762**|
|||||||||
|**A2 Asset and investment sales,**
**(see table).**||||||||
||**-**|||||||
||**-**
||||||**-**|
|~~**_Sub total_**~~|**-**||||||**-**|
|**_Total receipts_ **
**A3 Payments**||||||||
||||||||**4,762**|
|||||||||
|
None|**-**||||||**4,200**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
||**-**||||||**-**|
|**_Sub total_ **|**-**||||||**4,200**|
|||||||||
|**A4 Asset and investment**
**purchases, (see table)**||||||||
||**-**|||||||
||**-**|||||||
|**_Sub total_ **|**-**||||||**-**|
|**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||||
||||||||**4,200**|
|||||||||
||**-**|**-**|**-**||
**-**||**562**|
||**-**|**-**|**-**||**-**||**-**|
||**£667**|**-**|**-**||**667**||**105**|
||**667**|**-**|**-**||**667**||**667**|
CCXX R1 accounts (SS)
31/10/2021
1
**Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
**Details**
Cash funds at bank account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**667**
**-**
**-**
**-**
**-**
**-**
**667**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Sung-Hyui Park|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
||||31/10/2021|
|||||
|||||
CCXX R2 accounts (SS)
31/10/2021
2