Charity numb8r'.
1186187
GOODSEED CHURCH
Annual Report and Unaudited Financial Statements
31 July 2023

GOODSEED CHURCH
Reportand accounts
Year ended 31" July 2023
Contents
Page
Trust8È's Report
Independent Ex8mlneffs Report
Statement ol Fnancial Activities
8alanc8 Sheet
Notes to the A¢¢ounts

GOODSEED CHURCH
Registsrod Charlty Number'.1186187
Trustee'$ Artnual Report
For the y•ar 3111 July 2023
Th& trustees present their report ¥￿th the financial statements of Goodseed Church for theyearended
31. July 2023.
REFERENCE AND AOMINISTRATIVE DETAILS
Charity Name..
CharityNumb8r.'
Registered Addre5S'.
Website Addie$$-
GOODSEEDCHURCH
1186187
198 8uckland Way. WORCESTER PARK, SURREY, KT4 8NP
Tru$tee$:
HO SIG LEE
JIN SOOK PARK ITreasur8rl
JIN SOOK LEE
BOKJO PARK
Re&gnpd 30.7.2023
AppDinted 30.7.2023
Bankey:
Barclays Bank PLC
1 Churchill Pla¢8, London, England.
E145HP
Independent Examiner
EFREM KIDANE IFCCAI
EKB Accountan
SeNices Ltd
39-41 North Road
London
N7 gDP
STRUCTURE, GOVERNANCE & MANAGEMENT
Go¥eming DoGument
The Church Is a registered charlly and Is governed by its ASSOCIATION of Charitable Incorpwaled
Organisation ICIOI registered on 06 Nov 2019.
Risk Management
The Iwslees have a duty to regu13rty review the risks lo whSch the charity is exposed and to tnsure
ppropri¥ie controls ar8 in place ta provide reasonable assurance against fraud and error. The trustees da
not consider IhatlhÈrè are any subs18ntial risks beyond the li0￿1111es disc105ed in the fSn8ntial statement5.
OBJECTIVES AND ACTMTIES
Charitable objects
The charity rnain objectiv8 Ss lo condud ieligious Service for Koreans living in Kirwjston and prowd8 $8rvi¢8s
and as5i5180ce for young children and elderly poople.
A¢tiviti¢s
Activities during the year IncluLY8d'.
An fynquiry sarvic8 for Iiusiee5 seeking an indepandènt exatniner
F<egular visits to old people and theeowregation is made. Gift5 8re9iven to thèm. Variou5 events are
organised for the dders.
The charities have various a¢￿villa$ for childrefj. They uganise V8Ttous eduGalional actives.
The trustees had hired a Church hall in Kingston the religious serV￿e in conducted every Sunday
Afternoon By Pa51or Tao Bok Kang. The congwalion 15 aboul 120 pe￿e.

GOODSEEO CHURCH
Re915ter•d Charity Number. 1186187
TRUSTEE'S ANNUAL REPORT
Forthe year enil&fl 31° July 2023
Publ1¢ Benefit
The truste88 confirm Ihalthey have haddue rggard lolhe public benefit guidance
published bythe Charitycommlssion In exerasing theirpowers orduties.as required
In the CharitiesAcl 200612011.
FINANCIALREVIEW
General Fund Incomewas £41,16212022'.£59.4241. Expendilure was £96.513.
12022.. £59.9991 resulting a net surplus of £28.422.12022."net deficit of £5751,
Res
onsibilib'es of Trustees In Relation lo the Financial statements
trustees are ￿qUI￿￿ by Ihe Charity Act 2011 to p￿pare financi81 slaiement & for each finaneial year
wthoul any material matters of concem tsf il* ctrwity's financK91 aclwitles during the year and of its financial position
at the end of the year. In prepanng the financial stalemen15. thetrustees arerequired to..
. To Selectsul&b￿ aC￿ntyng F(dicies and then 8pthtrEm wnsi*a)ly.
To makejudgetnents 3nd estimales thal a￿ reasonable and prudent.
Toslale Whe￿er applicable accountin
subiecltoanydepartures diselose
standards and statements of recommended practice have been f ollow8d
and explained In the financial $tatement5-. and
. Toprepare the financial sla18ments goingconcernbasi5 unlessil is inappropriate to p￿￿J[na Lhat th8
charity ￿711 continu8 to operate.
The trust885 ar8 resrK)nsible for keew"ngaecounts"ng r8cord$ which disdose with
reasonable accuracy al many timethe financial positionof the charity and 8nablethem
toensure that the financial siateinents COM￿yW11b the CharilyAct. 2011. Theyare
also responsib18 forsafegkjarding the assets of the charilyadherence for taking
re8$ona￿e stepsforlhe prevention anddetection ol fraud and otherlrregularities,
APPROVAL
Th￿ report. wttich hasb8enprepared Inac¢ordance wlh the provi5ionln thecharity
Ac12011 relating to small charities, wa5 approved by the trustees on
20th O¥c&mber2024 and signed on their behaff by..
Mr.H
SIG LEE
Ch￿irMan

GOODSEED CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GOODSEED CHURCH
I report on the aGcounts of Goodseed ChurGh for the year ended 315t July 2023 which are sel Out
On P8g85 4 10 8.
Respectiv• Responssbilities of Trustees and Examlner
The Charity's trustee5, who are also the direciors of Goodseed Church for the purposes ofcompany
law, are responsible for the preparation of the accounts. The Charity's Irjslees consider that Èn
audit is not required for thi$ period under section 144121 of the Chariti85 A¢t 2011 ITh8 2011 Act)
8nd that an independent ex8minalion is needed.
11 is our responsibility to..
lil examine the aceounls under sectlon 145 ofthe Charities Act
lill lo follow the Procedures laid down in the G8neral Direclions given by the Charity Commission
under section 14515llbl of the Charities Act. and
liiil 10 51ate whether particu5ar rnatlers have Com8 to our attentlon.
Basis of Inilependent Examin¢rfs Statement
Our examination was carried out in accordanc8 with General OireGtions given by th8 Charity
Commission. An examination includes a review of the accounting reGords kept by the ¢harily and a
comparison of the accounts presented with those records. It 81s0 includes consideration of any
unusual items or dis¢losures in the a¢tount5. and it 5eÈks explanations from the trustees concerning
any suth m8tters. The procedures undertaken do not provide all Ihè evidenc& that would be r&quired
in an audil, and Gonsequenlly no opinion is given 3$ lo whether any rnaterial matlers of concern
have come to our allenlion and the report is limited lo those m811ers sel out in the slatemenl below.
Independent Examiner's Slatement
In Connectlon with my exatnlnation. no rnalter has com&to our 8ll8ntion-.
1. which gIV8 m8 reasonable ¢ause to believe that In. any material respect, the requirements..
Ill to keèp accounting records in accordance wlh section 130 of Ihe Charitles Act. and
lill lo prepare accounts which accord wilh the accounting retords cornply with the
accounting requir8ment$ of the Charilie$ Act havo not been m$t', or
2. to whl¢h, in myopinion, attention should be drawn in Ofd8r to enable a prop8r und8rstanding of
th8 accounts to be reaGhed.
Efrem Kidane FCCA
Chartered Certified Accountants
EKB Accounlaney Ser4fic85 Lt
3941 North Road
London
N7 9DP
2011212024

GOODSEEDCHURCH
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2023
Unre51ricted
Restricted
Total
2023
Total
2022
Not
Income From..
Donations
121,905
121,905
58.089
Chariiab18 Activities
3,D30
3.030
1,335
Investment5 (Bank Interest)
124.
124,935
9,424
Expenditure On..
Charitsble A¢tivibes
96,513
96,513
59,999
Nèt In¢omellExpenditurel
Transfers between Funds
28.422
28.422
15751
Net Movement In Funds
28.422
28.422
1575}
Total Ftsnds Brought Fotward
Totsl Funds Carrted Fon¥8rd
12,74D
12.740
13.315
41,162
41.162
12.740

GOODSEED CHURCH
Balance Sheet
Charity NumbÈr= fl86187
A$ at 31° July2023
Unrestricted Restsicted Total
Total
F￿d Assots
rawiNe FLKedAs8Pt
TOTAL FIXED ASSETS
27,117
27.117
27,117
27,117
7,907
7,907
Current Assets
Other d8biors
Cash al Bank & In HaNS
Total CupTenl Assets
$,668
8,758
6,668
8.758
15,426
5.374
Crediiors.. Amount fallingdue
Ihin
year
Nelcurrent As58ts &IILiab'lthesl
1,381
1,381
541
Creditors. Arnountfalling due
more than one
ear
Long-lerm Liab¥ities
Net Assets
41.162
41,162
12.740
Restricted Funds
Unre51ri¢tsd Funds
Total Funds
41,162
41,162
41,162
41,162
12,740
12.740
Approved by Ihg Board of Trustees on 20 DeGernber 2024 and 8lgn?d on Iheir behalf by
Mrs. JIN SOQK LEE

GOODSEED CHURCH
NotB5tollEFivncial Ststert*nts
forthe year ended 31 July 2023
A¢¢wnbny poli¢?e8
Basis ofprepara¢ion
Th¢ aw)unts hèvt béen prepared und8r the hi5tOTical c051 convention arwj In accordanc8 wilh FRS 102. The
Flnsntial RèpDrtiry siarhdard ¥ppli¢ablè In tho UK and R8wbli¢of Ir•l¥nd. thoCh#rilie$ 2011. Aetountino *
Reporung by Charibes.. St8ltmenl of Rè¢omTneDded Pradt¢ Icharilies SORP FRS1021.
Income Resources
All incornino resources are induded on th& staletnenl ol FinanGial Aciiviti8s when tho rharity ￿legallY entl￿e6 lo
ihe irtrome and aTnountcan be quantified with ￿aSonabty accuracy.
Voluntsry Inciimè
Voluntary I￿G￿Tre is rece￿8￿ byway of rnembef5 5ubscription5 and donalK)ns. PJembers' sub5eriptions income 15
iled In the financial stalpmenls in the perlod to whKh 11 relate5. No adjuBtmenl is made respect of
subscrfpuons OLrt$ianding. DoTralioDs are lakell to infDme in ihe year of receipt.
Interesl Receivable
Inieffj$i on funds held on daposit is inclvdèd when reG￿va￿e aad the amount be rneaswad rella￿Y by Ihe
charity., Ihi51s normally upon of Inlerosl pold (K payable by the b8nk.
Charftabk Activit
In¢oriny 16sour¢e$ from ¢harftablt art a¢¢ountsd ￿ in pèriod when thè kYoOuGtiDn lakes ￿8¢•.
Income Is delerrÈd whenadmi8$ion fee¥ at8 ffj¢olved In ¥dv8n¢e orthe p¢rfotm#n¢o¥ tO¥vhith rebig.
Expendiiure and LI8￿11￿¥$
Exp•ndilur6 Is r6¢o>nis￿ on Iho*cmal's b88ts. Th6 charity 1$ not r6gis18f8dforVAT." thus all ¢o$is
a￿ sho%%m indusivè of VAT ¢haroed,
Tangible flxedassels
Tangible fixed asseis ¥rt measured ai ¢o$i les¥ 8t￿m￿latrIO any a¢wmulativ8 impai¢merl
losses. Depreciation is provided on all trng1b￿ fixed assèts, oiher than freehold land, at iales calculated lo write
off Ihfj ￿5￿, lass esiimaled re$￿UaL valu?. of each as59t evenly ovgr ils gxpected useful lif9. The charty does Th)t
currenuy have any c2piLalised aSSÈL
Equymenl, Flltlure5 and Fitung$
MoioFV*N
10%onwritien downvv
2O%Slrayhllin Th￿h￿j
rax8tson
Thecttarity i5exempifrL¥n cofpDralkJnlaxon ttscharil&b1eac￿stlE8.
Ftsnding Accounting
UnTeslncied funds Gan be usèd in srcofthrte with the ¢h¥Titable obi*tivss ai the diSGfaiion of thè Iw$i¥es.
R051ricied funds can only us8d for partKular r851riGlad purpDse within the objeG15 01 the charity. R851riGtiQDs aD¥e
when specrfied by the donor orwhen lunds are raised lor particular reslrfcted Pufposes.
Shortitm credilots ar6 measured aiiransadion priGe1wh￿h is usually Ihtinvtwctr pri¢el. Loansand Olherfinanci81
liabilitie5 are lThilially ieGognised al Iransaction prK8 nel of any Iran5actKxi costs.

GOODSEED CHURC14
Detailed Incomè and Expenditurg
for the year Ended 31 July 2023
Tru5tte5 ￿M￿neratIOn and BtThollts
Tru5tecs' orotherbeiief1¢5 lorthe yearelldcd 31" MArch 2024- £NIL, 12023- £Nill.
Thcavtrd¥C nutnbcTof ¢mploycc5 aurins tli¢ ycai was 312023-31.
Trustees, exptnSQI
'rrustecs' eXpL￿5¢SpAid for the yearended 31° Mitch 2024 £0,131.3.2023-£01.
2. Tanglbl• Flx•d A$801S
st
At 01.08.2022
Addllions
9,876
9,676
25,0
Cogtxt 31.07.2023
9,67S
25.000
At 01.08.2022
Charge for the pen(yJ
1.769
1,769
5.790
at 31.D7.2023
Net Br*ok Valuè
AI 31.IJ7.2023
7,117
2D,000
27.117
At 31.07.2022
7,907
7,907
J. Analysis of Net Asset# FvThl
d Resiricied
2023
GEnEtal
In¢ome
Restdded
Mk5grrtry
Total
Total
T*n9lblB FL*ad>ss@ts
Oèbto
27.117
6,669
&758
17,117
6ffi68
8,758
7.W)7
Ca$h&L Bgnk
Cr8dilors
5,374
Balancè ofFunas 8t 31 JLly2023".
4. Credltors and
Total
Yolal
1.381
PAYE Nl
1.381
541