**READING KOREAN CHURCH Registered number: 1180512 TRUSTEES ANNUAL REPORT** FOR THE YEAR ENDED 31 December 2024 

The Trustees, who are also the directors of the company for the purposes of company law, present their 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

**Charity Name:** READING KOREAN CHURCH **Charity Number: 1180512 Website:** www.facebook.com/ReadingChurch **Registered Address:** C/O TYNDALE BAPTIST CHURCH, 2-4 CRESSINGHAM ROAD, READING 

**Trustees:** 

D. FINCH S CHO S. A. HILL 

**Banker: National Westminster Bank Plc** 

Reading Oracle, Natwest Reading 

## **Independent Examiner: n/a** 

## **STRUCTURE, GOVERNANCE & MANAGEMENT** 

## **Governing Document** 

READING KOREAN CHURCH is a charitable company limited by guarantee, which was incorporated on and governed by its CIO - Association dated, 20 May 2019, as defined by the the Charities Act 2011 (The 2011 Act). 

## **Risk Management** 

The trustees have a duty to regularly review the 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** 

a) to advance the Christian faith in accordance with the Articles of Faith for the benefit of the Korean community and associated persons in Reading and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit; 

(b) to advance the education in the Christian faith of the Korean community and associated persons in Reading and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit; 

(c) to relieve persons who are in conditions of need or financial hardship or who are sick or in need and to relieve the distress caused thereby in Reading and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit; 

(d) to promote and fulfil such other charitable purposes beneficial to the community in Reading and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit. 

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**READING KOREAN CHURCH Registered number: 1180512 TRUSTEES ANNUAL REPORT** FOR THE YEAR ENDED 31 December 2024 

## **Activities** 

Reading Korean Church continued to provide a weekly worship service in Korean with English translation of the sermons. Outreach and evangelism resulted in a number of new families joining the church. Youth group and Sunday school classes were held during the main services. Pastor Nam-san Suh continued as Interim Pastor on a part-time basis. 

## **Public Benefit** 

The trustees confirm 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 2006/2011. 

## **FINANCIAL REVIEW** 

General Fund income was £22759  (2023 was £30938). Expenditure was £18371 (2023 - £31841) resulting in net income of £4388. 

## **APPROVAL** 

This report, which has been prepared in accordance with the provision in the Companies Act 2006 relating to small companies, was approved by the trustees on 30/08/2026 and signed on their behalf by: 

## **S A HILL - Trustee** 

………………………………….. 

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Reading Korean Church 2024 Incorne
General Offering Mission oifering GiftAid Deposit Return
refunds
Support from
orher Churches
Total
18869
20 2089.50
1200
580 22758.50
Reading Korean Church 2024 Expenditure
StaffinE
Mission Tyndale Payroll Annual Equip-
support Bapiisi account report
meni
Church ine
4280
Fellowship Trans-
Safeguard Insurance Miscelian Toial
ing
eous
-11224.92
.240
-300
-500 -631.31
-515.11 -79.14
-190
-189.44 -221.25 -1￿71.17
Reading Korean Church 2024 Summary of financial activities
Unrestricted Fund5 Restricted Fund5
Total
Income from:
Voluntary Income
Charitable Activities
22,759
22.759
22.759
22.759
Expenditure on:
Charitable Activities
18,371
18,371
Net income lexpenditurel
Transfers between funds
4,388
4,388
Net movement in funds
4,388
3.337
4.388
3,337
Total f unds brought forvvard
Totslfunds carried forward
7.725
7.725