KSEAUK
(A COMPANY LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
COMPANY NUMBER: 10735444
CHARffY NUM8ER: 1174740
A18
c(￿p￿lEs HOLKSE

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
Cantonts
Page
Legal and Administratsve InforMat￿n
Trustees, Annud Report
Statement of DirectOTS' Responsibilities
Independenl Examinerfs Rei
&6
Staternenl of Financial Aclivilies
Balance Sheet
Notes lo the Financial Statements
9-12

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present ther report and financial $18lements for the year ended 31 December 2023,
which also comprises the Oirectors. report required by S417 Companies Act 2006.
Relerence and admlnlstrallve detalls
The charity name.
The legal name ofthe charity is KSEAUK
The charity is also known by its operating name, The Korean Saentists and Engineers Association
in the UK.
Th• Charity's r¢gi5tration numbers.
The charity is regIste￿d in Engkgnd & Wales with the Charity Commission in England & Wales
{CCEWI with charity number 1174740 arKI company numter 1073544.
The registered and operntin9 address of the charity is: _
41 Bobbin Lane
Lincoln
LN2 4Z8
The following p•rsons s•r¥ed a5 Trustees and DiT•ctor5 during the year end￿ 31 Docember
2023
DT Youngseok Choi
Dr Seongho Jin
Dr Young Saeng Park
Dr Youngchan Kim
Dr Youngchan IQM was app)inted a twstee and th"rector on 5 January 2023.
By opera11¢￿ of law all. truslees are dir¢dors under the Companies Act 2006 and all directors are
trustees under Charities legislation and have responsibilities. as such. under both company and
charity legislat￿n.
Independent Examiner
Paul Martin
CMB Partnership Limited
7 Wey Court
Mary Road
Guildford, Surrey GU14QU
Logal StruGturn of th• ¢harlty
There are no roslrthons in the governing documents operaton of the Clwity or on its
investment powers other than those imposed by Charity Law

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
TRUSTEES, ANNUAL REPORT Icontlnuedl
Objects and Actlvitles of the charlty
The purpose of the Charlty as set oul in Its govemlng do¢umenL
To advance educati￿ for public benefil in STEM (Sc￿￿, Techndogy, Engineering and
Mathematics) induding me(liane 8nd related discylines.
Th• maln •¢t•viti•$ Undo￿k¢n in rèlation lo th1￿ purpoms during the period.
There are various aclivities are publicised in KSEAUK'S websrte and they are lo achieve the
charity's purposes by advancing edUcat￿nal arKI research a¢Iivrt￿S vka comm￿ty actNiligs,
promoting Ca￿er deveknpment opportunitses and various seminars throughout.
The main activiti•s und•rtak•n during th• p•riod to further th• charW$ purpos• for the
public bènÈflt
The main activities can be classed as 4 main activitses shown below.'-
1. Organising workshops
2. Sharing knovAedge via academic forums. research resulls and posting articles amorvj
members and for the public via its online shari￿ faohties.
3. Promoting careers
4. Community events
The Trustees have had regard to the Charity commtss￿nerfs gu*Jance on public benefit
managing the activilies of the charity
The short temi and longer lenn aims •nd oblectives
The tharity has organised regular events as well as major events wh￿h are usualty collaborated at
the global scope with other charities or academic associates. The short term objectives are to
benefit the members and the public by allowiry Ihe knowledge database available as wide as
possible and Ihe evenlual long lem objectives are to benefrt the society with enhances STEM.
Th• charity's $trat•gi•s for achievlng its aims and obj•¢tlve$ in th• futuro
The charity has already established gc￿d partnershp workl¥wde and plan to develop fiJrther ty
sharing the knowledge and SUPfM)rt each other. Especially via gkjbal workshops, the charity's
objectives can be achieved more effiC￿ntly.
Resources used In the actlvltles undertaken during the period
The Chafity has wide s￿ree of re￿urCeS i.e. K.O.F.S.T. and member5 voluntary conlributk?ns
along with donations. elc. There are also a lot of valUa￿e contr￿￿11￿5 fr(Mn volunleers and
members to manage and operate charitable events for the charity.

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
TRUSTEES, ANNUAL REPORT (Continu￿>
The makn achievements and perfomiance of the Chaiity thring t￿ year
All Ihe acbvities, ir￿l￿di￿ signif￿an1 achievements and Im￿ments110n of the charity durin9 the
year. are distribjled lo the KSEAUK ff*mbers and wesented on the chwty's website
www.kseauk.o
in a webzine fom)at.
Th• dllf•r•nce In the ¢h¥Ws wrformanco durlng tho year has mad• lo tho benoficlarfes of
lh• chaylty
The charity has dear goals and objectives which make the charity unKiue and beneficial to the
members and the publtc. Please refer to ￿ Chari￿$ website for d8lai18d pgrfomiance.
Th• d•gre• to which th• achi•v•m•nts and p•rformanG• during th• y•ar hav• ￿n•fited
widor society
The achievements were either for members and the public in Ihe long lemi. All the knovledge
based workshops are Science, TeChr￿lO9y, Engineering and Mathematics induding medicine and
related disciplines. the r￿ed$ and demands gd higher during the year by the members and th
publiG.
How th• achi•v•m•nts during th• y•ar rn•asur• up to th• obi•ctiv•s s•t
Wrth the funds granted by other Publ￿ brAlies or tharities. the charity is liable to share its
performances and athieveTh*nts prompty to make sure the tharil*)le events are achieving the
objedives.
Structur•. governance and management of the chaTIty
G0￿mIng Document
The organisation is a charitable company limited by guarantee. incorporated on 21 April 2017 and
reg151ered as a charity. The company was established under a PAemOran￿M of Assctiation
established the objects and powers of the tharilable company and is governed under its Articles of
Assocrdtion. In the event of the company being wound up ts members are required lo contribute
an of am￿nI not exceeding £1.
The methods I￿ed to rncrull and appoint new charity trust•es
The charity trustees are appointed as pef thaiity's ￿￿eMing documents Ihmugh its general
meetiThJs.

KSEAUK
COMPANY MUM8ER 1073S444
YEAR ENDED 31 DECEMBER 2023
TRUSTEES, ANNUAL REPORT IContlnu•dl
Flnanclal r•vl•w ol the posltlon 41)1 Dvc•mb•r 2023
The resutts fky the year ended 31 December 2023 $htr* incoming ￿0￿rCeS amounted to £64,840
12022." £52.6791 and resoufces expended wère £67.802 {2022." £58.7591. This lo a netdecreasg
resources 01 £2.962 (2022.. net de¢rease in re50urEe$ £6.0801.
A¥•lfability and adequaey of assets ol each of ihe lunds
The board ol trustees is sat￿r*￿ that Ihe chwity's assets in 8￿h fund 80 wal￿ble and 8dequate
to fuffil rts oblty•tK)ns in rÈspe¢t of ea¢h fur￿.
Public 8•n•fil
The injstees aTr satisfied thai they have ¢omplied with the dity in sectw)n 17 01 Ihe Chariiies Act
2011 to have due regard lo the publK benefrt gu*Jance pub￿shed by the Charity Commission.
Staiement of th• Directorn. and Tru51ee5' A•$ponslbilit•e¥
The Irusiees ar8 ￿sponsIble frjr prepann9 the Annual Report and the financial stalements in
ordance with appluble law and Unrted King(th Accounb"rvJ Siandards (United Kingdom
Generalty Acceple(l Accounting Pradu}.
Company law Ihe Injslees to p￿a￿ financial stslements for each finan¢ial year wh￿h
give a true arKI fair of the state of affair5 of Ihe charitable company and of the in￿ming
source5 and application ol ￿SOurceS including the incoff* and expendrture of the company for
that period.
In preparing these fmancial statements. Ihe Iru$*es are required to:_
S8￿t surtable accounting polKtes and app￿ them ¢onsistentty.
observe the methods and principles in thè Chanty SORP.
make jvdgments a￿1 e5timares that are ￿S(￿atrIe and Pfudent.
state whether #ppltabfe UK Accountiny Standards have been foll￿ed. suty'•ct lo any
materi?1 departures disch)sed and explained in thè financial stalernents: and
prepare the financial staternents on the goirKJ ¢￿)cern basis unle55 it inappropriate to
presvme the chwrt8bk company wll continue to oper*.
The trustees are responsible lorkeeF¥ng proper accounting reC￿￿S *hKh di5cbse with reasonable
accvracy at #ny time the financial posit￿ ol the charlabte ¢ompany and which ènabl8 Ihem to
ensure Ihat the financial Slatements comply wrth re￿vant *gi5btion and the trust deed. They are
also responsible for safeguaiding the assets ol the ¢harty and hence tor takiNJ r￿ortable steps
foi the preventKJn ol Iraud and IrregU￿ritIes.
Independ•nt Examlnatlon
This rèport has been prepared in ¥cOrda￿ with th• PfO¥iSWX$ MI Part 15 of the Companies Act
20(h ￿tating to $m3W companie5.
This report was approved by the board oflThstees on
I Sef Fepilw 2024
Oirertor and Trustee

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 310ECEMBER 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KSEAUK
I rewjrt lo Trustees {who are also D*ectors for the puw ofcompany law) on my examination
ofthe financial statements of KSEAUK I'the charilable company'l for the year ￿ded 310e¢ember
2023 wthich Lxmprise ts Statement of Financial Activitsts. the Balarte Sheet and related notes.
This report is made solely lo the charity's trustees. as a body. in accordance with section 145 of
the Charities P£t 2011. My work has been undertaken so that I might stale lo the chafity's trustees
those matters l am required lo stste to them in this Teport and for no other purpose. To the fullest
extent permrtted by law. I do not accept or assume responsibikty to anyone other than Ihe charity
and the chartty's In￿1￿$ as a body. for my Wofk. for this re[￿. or for the opinions I have fiKmed.
R•spcbns￿6lilh$ and ba$ls ol rnport
As the trustees of charitable company you are responsible lor the preparation of Ihe financial
stalgments in acc(Kdance wbth the rewirements of the Compantes kt 20C* (Ihe 2006 Act.).
Having satisfied myself Ihal the financial ststements of Ihe charitable ojmpany are not required lo
e audited under Part 16 of the Act and are elNJible for independent examination. I report in respect
of my examination of the charitable CoMpan￿S ffinancial stslement carried oul under section 145 of
the Charities Ad 2011 {'the 2011 ACVI and in cafrying out my eXaMinat￿n I have follcmed all Ihe
applicable Drectsorv3 given by the Charity Comrnission under section 145(5Xb) of the 2011 ACL
An Independent examination ths not involve gathering all the evidence that woukl be required in
an audit and consequenuy does not cover all the matters that an auditor considers in giving their
opinion on Ihe financial statements. The planning and conduct of an audit goes beyond the limited
assurar￿e that an independent examination can provide. Consequenty l express no opin*)n as lo
whether the financial statements Present a ttrue and fair view. and my rep)rt is limited to those
specific matters set out in the independent exarrunerfs ststemenL
Ind•p•ndent Examln•rfs Slatement
I have cornpleled my examinati￿. I confinn that no malerial matters have come to my attentK>n in
onnection with the exaMina￿n gNing me cause to believe that in any malerlal reSpe￿._
accounting records were not kept in rgspect of the <*W[tab￿ company as required by section
386 of the 2006 ACL. or
the financHI statements do not accord wilh those recrrfds or.
the financial stalements do not comtrfy wilh ihe accounting requirements of section 396 of the
2006 Act other than any requirement that the financial slaterr*nts give a 'lrue and fair vtsw,
T*hich 15 not a matter considered as part ol an independent examinalion.,
the financial stalemerts have nol been wepared in accordance with the methods and principles
oflhe Statement of Recommended Praclice for a¢¢ountiNJ and rewting bycharities applicable
to charities preparirkg thw'r accounts in acc(xdanc8 with the Financial Reporting Standard
applicable in the UK and Republic of Ifeland {FRS 102).

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
INDEPENDE1￿ EXAMINER'S REPORT TO ThE TRUSTEES OF KSEAUK (CONTINUED)
I have no concerns and have come across no other matters in connection with the examnation lo
which attent￿n should be drawn in this rep(Kt in order to enable a proper understanding of the
financial ststements to be reached.
21(<
102fr
ChlB Partnershlp Llmlled
IndeFeThJent Ex8mir*ts Name . Paul Martln
Relevant professional qualification= ICAEW
Name of Practice: CMB Partnership Limited
Address of Practice.. 7 Wey Court. Mary Road. Guihjford. Surrey GU14QU

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE
{ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricte
F￿￿1$
R*stricied
Fund
Total
2022
2023
In¢oming Resources
In¢oming rosources from
generated funds:.
Voluntary income
Donation5 and gifts from
individuals
Other revenue grants and
Donations
Membership subscriptions
as donations
Investment Income
1.474
57,160
57,160
46.576
7.022
658
7.022
658
4.568
61
Totil Incoming
Resouvces
64,840
64.840
52.679
Resources Expènd•d
Costs of Generatlng
fvnds
Fundraising
Charitable activitie5
Go¥emance costs
66.548
1.254
66,548
1,254
57.391
1.368
Total resourcès
•xp•nded
67,802
67.802
58,759
Net Income for th• y•ar
(2,962)
12,9621
16.080)
R•¢on¢iliation ol Funds:
Total funds brought
forward
Total funds carri•d
ft•ThYard
76.975
76.975
83.05S
74,013
The Slatement of Financial Activit*s gNes Ihe equNalenl informaiDn to an Income and
Expenditure AccounL and accordingty. separate Inccrfne and Expenditure acctyJnl has been
prc&luced.
I the InMming Resour￿$ and Resources Expended were from continuing operations.
The Charity ha$ no r￿L¥JnIS8d gairts or kjsses other than those dealt with in the Statement of
Financial Aclivilies.
The notes on pages 912 form part ofthe financial S￿￿ementS

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note
Cutroni Ass•ts
Cash ot bank and in hand
Total curr•nt •6$¢ts
74.763
77.725
Credltorn:
Amounts falling due one ygar
750
N•t Current a$s•ts
74.013
Th* tolal net as$ets ol th• chartty
unrestr•¢1￿ Fund>
74.013
76.975
For the year ended 31 D¢¢embef 2023 the ¢harilat4e company was entitled to exemptN)n from
audrt under section 477 olthe C(*mpan￿5 Act 2CQ6. The rnembers have nol iequired Ihe wnpany
to obtain an audrt of its financial statements for the year end8d 31 Oecan*•r 2023 in ¥¢eordance
with section 476 of the Companies Act 2006.
The directors a¢kr￿ledge Ihtir respons1h"￿I*5 for...
a. En$uriThJ that the CL¥np8ny keeps a¢¢cwrrtin9 recordswhth compty with Sectiorts 386 and 387
of the Companied Act 2(￿6,. WKI
b. Preparing financial statements whth give a aThJ lair view of the stste of affaits ol the
company as al the end ol e&h financial year and ol ts profft or bJs5 for each financial year ift
accordance with SedK)rts 304 and 395 and wh￿h othemse CW with the reqU1￿ments of
the CompanEs Act 2006 rela1v￿ iofmancAI 5totements so far as applicable lo the company.
The finanu81 statements have been preparèd in with the prv4is¥)ns of Part 15 of the
Companies Act 20CIS relatiNJ Ict small conyanies.
The finartial statefflents weffj 0ppffj￿ by Ihe Tnjslees and signed on its ￿hall ty.'-
On behaw olthe Trustees:_
gEoN&HQ d /A

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
YEAR ENOED 31 DECEMBER 2023
A¢¢ounting Pollcies
Basls of preparntlon and a¢¢ountlng convenlion
Basis of Accounting
The fina￿la1 ststwnents have been prepared under the historical wst convenlion. They
are prepared in accordance wrth the Ststement of Recommended Practice Accounting and
Reporting for Charities preparing their accounts in aCCordar￿e Financial Reporting
Stsndard appluble in the UK and Republic of Ireland {FRS 102) "the ChaTiti8s SORP
IFRS 102)" as applicable to smaller enkn"lies. and the Companies Act 2006.
The presentational currency is G8P Steding.
Preparalion of Financial Slatem•nts- Golng Con¢•rn 8a$l$
The trustees consider Ihal the going concem assumption is an appropriate basis on Nvhich
to Pfepafe the finarKial stateFnents.
Naturo of Incom•
Gross inwne represents all the revewes receNed by membership fees. grant. donations.
elc.
ID¢om• R•¢ognl¢loD
Income. whether from exchange or nonvexchange transactions. is recognised in the
statement of financial activities ISOFAI on a re￿1vable basis. when a transaction or other
event results ￿ an increase in the charty's assets or a re(lu¢tion in its liabilrf(ies and only
when the charity has legal entiuement. the income is probable and can be measured
reliably.
Income su*'ect to temis and conditions whKh musl be met before the charity is enttlled to
the resources is not fecognised until the ￿ndit￿Tr$ have been met.
All income B accounled gross. before deducting any related fees or costs.
Memb¢rshlp $ub$cription$
The income and any associated Gift AJ"d or other tax refund from membership subscription
received by the charity in the nalure of a gift, is accounted for on the same basis as a
donation.
The income from membetshy Subscript￿ received by Ihe chanty where the subscription
purthases right to Serwces ry benefits is recognised as inc4)me from charitable activities.

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023- Continued
Recognitlon of Ilabllllles and expendltur•
A liability, and the related expenditure. is recognised when a legal w constructive obligatKJn exists
as a result of a past event, and when it is more than likety than not that a transfer of economic
benefits will be rewired in selVem8nL aTrJ when the amount of the oblig*ion can be measured or
reliabty eslimaled.
Debtors
Debtors are measured al Iheir recoverable amounts at Ihe balance sheet date.
Flnanclal InslNm¢nts in¢ludlng rash and bank balanus
Cash held by ￿ charity is included at the amounl actualty held arKI counted at the year end. 8ank
balances, whether in credit or overthawn are slM)wn at the affwnts propwly reconciled to the bank
statements.
Unrestri¢ted Reser¥es
Unrestricted funds represent fiJnds available to be used by the trustees fcf any purpose wtihin the
charity's objects.
INCOMING RESOURCES
2023
2022
Donations a￿1 Gifts
Grants
Membership Subscriptions
Investment Income
1.474
46.576
4,568
61
57.160
7.022
658
64.840
52,679
COSTS OF GENERATING FUNDS- FUNDRAISING
2023
2022
Costs of Stsging Fundraising
10

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
YEAR ENDED 310ECEMBER 2023 - Continued
CHARITABLE ACTIVITIES
2023
2022
Direct Sp•nding
Wages and SalaTies
Temporary staff
Travel and subsistence
3.800
4.800
57
4.857
Grant Funding of activities
60.314
50.590
Support Costs:
Stationery and printiNJ
Informaticffl and publicatbjn and website
Insurance
Sundry
Legal fees
Bank charges
13S
1.358
141
2.036
13
385
310
TOTAL
57.391
GOVERNANCE COSTS
2023
2022
Independent Exafflinerfs fees
Trustees. expenses
1.254
1.368
1,254
1,368

KSEAUK
COMPANY NUMBER 10735444
YEAR ENDED 31 DECEMBER 2023
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023 _ Contlnu•d
CREDITORS
2023
2022
AccrLpIs
750
750
TRUSTEES AND RELATED PARTIES
No trustees re￿IVed any remuneration for their services (2022: None). Trustee expenses
thJrirKJ the year were £Nil {2022." £Nill.
There were no related party trwsathns12022.. None).
TAXATION
All the charity's income is applied for charilabbe PUTP)ses and therefore the eharily is
exempt from COW•rabon lax.
SHARE CAPITAL
The coryany is limrted by guarantee and O)es not have a share capital.
12