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 Chri*Mn farfh attor¢fing wiic*60fthg 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$$￿?11 off in tho c8mrnunty. Publ1¢ b•n•fit Tho thanty acknowledg•s its rnquireftxnt lo d8rMnsts¥ttJ ¢knarfy that it must havo charrtabb pu¢pose$ or aim5, trAt are for Ihe public ￿ne￿I. Tho Trust••s ¢onfirms Ih8t they ha¥9 Pa￿ due rngarrl b) thè Chanty CommBson guidanc• on PU￿ efft befurn dotraing wh•t a<*"vitos the thairty shrdd LvKl8dak8. FINANCbAL REVIEW Flnanclal posltton The rèsults for tho firAMal yriod ar? 89t oyt in the *t•montof Fina￿181 8Ctwb88. Ovgrn11 tho thanty totsllir¥ £1S8.Ce2 wlh on thanlablB aC*￿S li￿lI14n0 oth•r c¢stsl £93,930 r8wJlting in a n•t wrplu$ as at 31 Dxarrbor 20rJ of£f2.152 Totsi fund$ ¥$ at 31 Dec8mber 2023 arv £K2,Isi Reserve$ poll¢y trustses hav• c4nsdered the of IB88￿85 tsy wth to aPFWOFThty •) thè n*ds. is based on Iho tharity's sze and th• of financial ComTh￿th￿nts l*kl. Th8 tr￿8 8im b) ewTe tho chanty ￿14 b8 able to conlini fij￿1 its ¢haritobl8 obi8ctiv8 even rf thore k% a tsmporary shorttall in income or ur*xpgctsd èxpandthre. Th¥ tru*08 wll •nd•avour not to $6t a*d8 fiJnd5 Unl￿0$$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 eaff*d out uThJ•r SeL*on 145 of lh• Art and in carry*Tra 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 h*v• corno kn my att•ntion in conn8ction %￿lh tha examinat'on giwiThJ me C*U88 to ￿1*Ye that in any rnatsrr41 rosr*rt 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 roquiroft*nts ¢0￿MIng I￿ fomi and contsnt of accounts set out in the Charities IAc£ounts and Rop)rtsl Regulab)ns 1*38 other 1h8n any r0qw0ff￿nI thal 1h• act•unts givg • two and irviewwh¢h B not a mattor ¢on*d8red 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)rd•rts *ith thè trAntabkn obpc*vo$atthe dv&u81>)n of th• Rèstrictsd ffijnds can only be f<* F•itc#Jar fostrthd wry)oses ￿1n obi8cts of tho tharity. R8slrictior¢5 arise when spetafied by Ihe domr or vth8n fiJr¢Js arg raNed for part￿ar r8Strthd purpo￿. Furthor•xpLgnatK)n ofthg na￿Tr and of 90th ir£4￿￿•￿ in Im r￿ts$ to thg fjr•rKial statsm?nts. TRUSTEE3' REMUNERAnON AND BENEFITS Tkére were no trusts•s' r*nu￿r*t￿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