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2023-12-31-accounts

REGISTERED CHARITY NUMBER.. 1203S81 Re Iststs Leo & Capitral Pathèrs Ltd Chartared Cerbf*d ACC￿￿trnts New Makl8n SutTgy Kr35HU

r the Year Decemlxr !0 Pa99 Raport ofthe Tru5t••s 1 tr) 2 Indop•nd•nt ExatThnorfs Rep)rt Stotsment of Financ4al kty"vty$ BaL4￿ Sh•ot Notssty tha FirAncial Ststem8nts 6 ID 7 Delal￿d Ststsmgnt of Firra￿al Acknbos

Thg trusbes pr08ert their r¢port Yrilh Iho fi￿n￿al Slats￿nts of tho ¢h•rty for tho year ended 31 oocember 20rJ. The 1rustee5 have adoptsd th8 of A{￿ntiThJ Rep>thg by Ch8ritss.' Statsment of R9￿Mm￿nded Practic8 applicabl• to tharibes pr•parirvJ occounts in accordanc• th8 FinarKaal Rewitirvj Slatylard applKat48 ￿ thè UK and Republic of Ireland IFRS 10211offectN• 1 January 20191. OBJECnVES AIID ACTMTIES Oblecdvos and alms Tho advan(rnent Qfthg ChriMn farfh attor¢fing wiic60fthg prgsbytsr•n dononwnaton. Slgnlffcant I¢￿¥111 The princ￿paI fvnd ra19n9 activty of lh8 15 ofvriry5 and do￿tr"0n$ madg by tho m•mboryJ of Ihe church ¢ongr8gation. The fvnd rnlsod are u88d b SJFPQrt mBwrYdry in ￿ Unrted ltingd)m and abroad. to gNe VLholar5hip support to stydents. and 98nerally trj WFWrtand to b$$￿?11 off in tho c8mrnunty. Publ1¢ b•n•fit Tho thanty acknowledg•s its rnquireftxnt lo d8rMnsts¥ttJ ¢knarfy that it must havo charrtabb pu¢pose$ or aim5, trAt are for Ihe public ￿ne￿I. Tho Trust••s ¢onfirms Ih8t they ha¥9 Pa￿ due rngarrl b) thè Chanty CommBson guidanc• on PU￿ efft befurn dotraing wh•t a<"vitos the thairty shrdd LvKl8dak8. FINANCbAL REVIEW Flnanclal posltton The rèsults for tho firAMal yriod ar? 89t oyt in the t•montof Fina￿181 8Ctwb88. Ovgrn11 tho thanty totsllir¥ £1S8.Ce2 wlh on thanlablB aC￿S li￿lI14n0 oth•r c¢stsl £93,930 r8wJlting in a n•t wrplu$ as at 31 Dxarrbor 20rJ of£f2.152 Totsi fund$ ¥$ at 31 Dec8mber 2023 arv £K2,Isi Reserve$ poll¢y trustses hav• c4nsdered the of IB88￿85 tsy wth to aPFWOFThty •) thè nds. is based on Iho tharity's sze and th• of financial ComTh￿th￿nts lkl. Th8 tr￿8 8im b) ewTe tho chanty ￿14 b8 able to conlini fij￿1 its ¢haritobl8 obi8ctiv8 even rf thore k% a tsmporary shorttall in income or urxpgctsd èxpandthre. Th¥ tru08 wll •nd•avour not to $6t ad8 fiJnd5 Unl￿0$$an￿. STRUCTURE, GOVERNANce AND MANAGEMENT Governlng do¢ument Th? charty is contrdkryd by ts 9¢￿MINj doojmart sk rnanagem•nt The trustyos havo a duty to ithntify review the risks to dwnty is •xFv5ed •rd t •n8urg ?pprDpriats control8 ar• in ￿2¢9 to provid• roa¥onab￿ asgJranc8 againstfraud error. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charlty number 1203561 PrJn¢lp41 addr•ss Childs Hill Baptssh Church London Nwd 2JY Trusts•s J J Jung lappointsd 1.1.231 J H L88 lappointsd 1.1.rJi K L8e lapp)intsd 1.1.231 G S J8ong lappointsd 1 1.rJi

REFERENCE AND ADMINESTRATIVE DEfAIL8 Ind•p•nd*nt Examlner Byung-Hurn Leo L¢¥ & ¢•prto1 Path8rs Ltd Chartered Certifiod Ac¢¢untsnts 25 S¢uth Lan6 New Malden Surrey KT3SHU Approv•d by ordgr ollho toard ollrusts8s on 24 May ￿ arwj 99nad on its téhalfby.. J J Jury- Trusts•

Indep•ndènt•xamln•fs rnptsrt to th• tru$t••$ of LONDON YANGMOORY KOREAN CHUR¢ I report to thg charty IDJSte8s on my 8x8mnation of th• a(t4mts ol LONDON YANGMOOR Y KOREAN CHURCH Ilhe Trust) for the yaar 8nd8d 31 D8cemb8r 3)rJ. R••pxslbllllles and ba$1$ of rèport As tho th•nty trLBtÈes of tho Tnjst you are fDr th• pr•p¥rnDtin tsf th• a¢￿[￿)ts in ¥¢¢ortsn¢6 with tha r8quiTrments oftho Charitses N£t 2011 llh• W. I re￿rt in r•yct of my •xarninabon of eaffd out uThJ•r SeLon 145 of lh• Art and in carryTra out rny gxaminab'on I hav• follo￿d al aFFlu￿0 c￿￿ti.￿n$ given by th8 Charity Conynl8￿n uTrJer SKtion 145151(bl ofthe Act Ind¢p¢ndÈnt •xamln•r's stsllmont I thv8 Corn￿O￿d my •xarninats"on. I c4nfirm fvt Thj rrAterial matt•rs hv• corno kn my att•ntion in conn8ction %￿lh tha examinat'on giwiThJ me CU88 to ￿1Ye that in any rnatsrr41 rosrrt acojunting r8cx)rds wore mt kopt in rwrttofth8 Tr￿t88 req￿ed by Section l￿tr of th• Act or the accounts do not awJrd with th)5e ro¢ords,' or a(tounts do not r>)mply vhth the ap￿ThtAe roquiroftnts ¢0￿MIng I￿ fomi and contsnt of accounts set out in the Charities IAc£ounts and Rop)rtsl Regulab)ns 138 other 1h8n any r0qw0ff￿nI thal 1h• act•unts givg • two and irviewwh¢h B not a mattor ¢ond8red as ￿rt01#n indeiperthnt oxaminabtyn. I havo Tr) ￿ncernS and hav¥ aLwss no matt•rs H) (yjnnxtion thè •xaffination to att•nt)n th)uk4 b• in thisroport itt ¢rd•r to enabkn a Fxwr U)dOr#aTr￿Thj Of1￿ accourtstr) be reac1￿1. Byung-Hun Lee The AsEotsation ol Chartorod C•fi•d >>)untsnts & Cathl Pathgrs Lld Ch8rterBd Cethd Acc4untants 25 Soijth Lane New Maldgn Surr8y KT3 SHU

foi the Y<dr INCOME AND ENDOWMENTS FROM t)onats"onsand kn9aCaO$ 1.C2 EXPENDITURE ON Ch?rftable #CVvltt•s charitab￿ activities 93,930 NET INCOME 62,152 TOTAL FUNDS CARRIED FORWARD 62,152

Unrestrictyj Notss CURRENT ASSETS Cash at bank 62,872 REDITORS Amounts fralliry due within 0￿ year 17201 NET CURRENT A&8ETS 62.152 TOTAL ASSETS LESS CURRENT UABILITIES 62,152 NET A88Ef8 62.152 FUNDS Unrostiictsd fiJnd8 62,1S2 TOTAL FUNDS 62,152 The financial statsm•nts ￿re aFpfDv8d by th• Board of Tntskns aTrg authomd for iw on 24 May 2025 #nd wsia its beh•Wby'. J H Lee- Truste•

r the Year End ACCOUNTING poL￿lEs Baslg ot pr•parfng thè Ilnandal si•t•rn•nts finanaal 5t#lemnts of th8 charity, a wtjic b8n&fft 8nbty uThJer FRS 102. hov& bggn prepared in 8cthrdanc• the Charitsas SORP IFRS 1021 'ACcO￿t￿O and R8portiTrJ by Charities.. Ststement R8￿mMended Prabt( 8ppli(abl8 to charTt•s kThpomg their acwjnts n ac￿danC th? Finanoal Reporbng Standard #pplic4ble ￿ the UK and RepublG of Iro￿n￿ IFRS 10211gffecve 1 January 20191.. Financ485 R#p¢ring Standard 102 'The Finanual Rep)rting S1andard in the UK and Republic of Ir•krd' Ihe Chariti0$ A¢t 2011. Tho finoncol $tstyM￿ts have been prvparJ ￿￿erthe ￿)￿¢•1 cost convonts"¢n. Income All incomo 1$ ro0)onisod in th¢ Ststsm8nt of AciMti8s orKe th8 tharty ha5 onMtsm•nt to tha fiJn￿ it ' P￿bab￿ thatth8 ￿0)ma wil ￿ r•¢•N•d and ts arTWltc4n bo m•asur•d rn1i0￿y. expendI￿re Lkts"lths are rec￿niSed 85 oxpondthrts #s as thorn 15 a Wl or &)nstrL¢ts"￿ th￿Jab)n commth'ng the thority to that exponditure, i( LS yobal￿O that a transfor of •conorri¢ tenaffts VAII required in s•tU•rnont and trho 8mount of tho ¥￿19￿tiOn can ￿ m8asJred relk9bly. ExpoTrthJre vs act¥xmtsd fDr on an orxrua1$ bass and ha$ trAgn clasgfied under headings that a99ro96 all wst r•latod kn the catsgory. ￿ra costs canr¥Jt be dirgcvy 8tlribubd to particular heading5 th8y hav¢ b¢¢n allocatsd to a¢tsbes on a baws constst&nt with th8 U59 of resourc88. Taxallon The charity is¢xemptfrDrn tsx on ts ¢rit4blg athTb8& Fund a¢counllng Unrestrictsd fiJnd5 can b# usod in •(¥>)rd•rts ith thè trAntabkn obpcvo$atthe dv&u81>)n of th• Rèstrictsd ffijnds can only be f< F•itc#Jar fostrthd wry)oses ￿1n obi8cts of tho tharity. R8slrictior¢5 arise when spetafied by Ihe domr or vth8n fiJr¢Js arg raNed for part￿ar r8Strthd purpo￿. Furthor•xpLgnatK)n ofthg na￿Tr and of 90th ir£4￿￿•￿ in Im r￿ts$ to thg fjr•rKial statsm?nts. TRUSTEE3' REMUNERAnON AND BENEFITS Tkére were no trusts•s' rnu￿rt￿sn or othor ￿mfits1Orth8 year 31 Do¢en¢r ￿ts. Trustee$. •xp•nses T￿rg no 1rusts8g •xynso$ pa￿# fr)r the y•8ronded 31 D0￿Mber2023. cRE￿TORs.. AMOUNTS FALUNG DUE I￿NIN ONE YEAR Otherc•ditors 720 MOVEMENT IN FUN08 Net moi'ement At 31.12.23 Unrnstrl¢t•d fvnd$ Charitatlo 2,152 62,152 TOTAL FUNLK8 .152 62.152

MOVEMENTIN FUNDS-¢onttnu•d Net n￿V0Thnt in Iwd$, I￿4Lthd 88 R￿)urceS Mm"¢ment Unr•strkt•d fvnd$ Ch•nIa￿a 158.082 (¥8.9￿) 62,1S2 TOTAL FUN08 156.0 I93,9￿) 82.152 ReLATED PARTY DE￿LoS￿Re8 ￿re no related ￿rty￿￿C1￿)ns￿￿tr￿ ygarond•d 31 t)ocort•r2WJ. Page 7

INCOME AND ENtX)WMENTS l)onatlon8 •nd l•oxt•s Donatons 1%.082 Total InGomlng r•sour¢•s 156,082 EXPENDITURE Charttable acllvltt•s Wages Rent rates aTrS w4tsr Miswon Supp)rt Sptrak8rs Edu(atK>n support Prcpctand event costs Other thurch oxp8nse$ Food and howtality 16,668 28.118 12.652 1.450 12.043 10.645 87,673 Supportcosts Management Moknr and travtlling Prinb"ng. post and S￿￿OnOry Sundries Bankcharg•$ 2,810 1,278 4.837 Govqrnanc• ¢o$ts A¢countsncy and logal fees 1,420 Totsl re*urus 93,930 N•t In¢om• 2.152 This pge does Thit f(xm of tlE #Atirtorn. sLqiements