REGISTERED CHARrrY NUMBER: 1203581 lh8 TOJ LON L88 & Catmtsl Partners Ltd 30 Way New Makden SL KT3 58T
'the Fi 81 Staietnents 024 Repjrt of Trustee8 1 •) 2 lTh1•peTh1I Exarni5 R8FNt Statemen¢of FIn8[l ¢11185 salan Sheèt Note5 to the sialents 8 bj 8 Det8il•d Slatem?ntof Fi)8no ActMb'&8
RYK The tFu$le¥8 pre5eDt Ihesr r8pxt wrth th8 of ihè CWI fcf the wr 31 DeCer 2024. The Irus188s have ath)pled Ihe FYDVi5¥YkS of Aunl¥j 8rvJ Rrfthr¥J ty Cfwtss.. SlatonI of Rerhynmended PrKknL applicatle io ch•ibe5 preparing Iheir ?jnts n attortJan( wlh FiwK$81 ReM"ng stalar aprlc4ble in th8 UK and Rewblic of Ire5afKI IFRS 1021 leknive l JaNwy 2019 OBJECTIVES AND Arns Obj6ctiv85 and •im8 SlgnffiGant •dl44de• The pnncpal fund ral$lr#J athity of Iha chwth th8 offErf$ made ty th? mernbets ol the thurch tongrogation. The furnl rai8ed are ¥S8d to r1#ry t(th in thè Unito15 I.rn and atffjad. to gIY8 8thc18r5hip support to students. army gwak¥ to ve atkl to kss off in the commurmty. Publk nefit The charity kTh)w18dges its rewIreI kn derThStra Lwly Ihat it mLOt (tsitaLIB pyrp(sses ( aim$', that are fL¥ Ihe putr b8neft. Th8 Trust88S c(X)firn Ihat tw have pJ rewd to CL¥nmission ¥uK1ance C puL benefit b8for& wh8tththsthè chanty sh1 dertake. FINANCIAL REVIEW Fln4ncS8l Pos The su11$ the finaMI are set the Statert dFinnL¥al 8th"5. Overall the charity iworne totaling £93,14012023". £156.0821 ilh e¥wThJiiu on ctiaritable #¢thtS IinckJdirvJ olh•r $ts) £106,05912023". £93.9301 resLthg in a net cxJlgoirvJ as at 31 OmW2024 of £12,91912023£62.1524urklu$l Total funds as at31 DOCert2024 £49.233 {2023£6Z1521 Resorvos polT¢y The IrJsi8es have consthred the level of r8swve5 Ihoy W$h io retain. apyoFrfWtè to thè ¢h8rity$ ngeds. This o ba98d on Ihe Gharity's 5&z• and the 18vd ¢mftNthN8nts hBkl. Tl tru$1885 the chwty wil b& able to ConnUe to fLth its chart14) otr4'ectNe w rf there ts a teryory iKXTh or un8xFvA8d exwiditUTe. The truste&s %lU èndtsavr not to 5frt as18 funds unnecessanty. STRUMIRE, GOVERPIANCE AND MANAGEMEin Govgrnlng doctyngnt Rlsk managemont Tre trnstees ha¥e a duty aTrS miew rtsks to exp)sed aThJ to ensure approprAte contrc4s are in to pThid• rea8onat4è assuran( againsi frwy orrty. REFERENCE AND ADMINISTRATIVE DETAILS R•glstered Chlty numb•r 1203581 PrlnGlpal )ddreso ChIS 8aplish Mortmor aose LorOn NW2 2JY Truste*$ JJj9 JHLèo KL88 GSJ
RÉFÉRENCE AND ADMIN15TRATNE DETAVts d•pèndent Exarnkner Byung-Hun Lee Lee & Caprtal paS Ltd Chartered Cethd A¢uwnlants 30 GrDvdand Way Naw Malden Surrey KT3 587 Approved by ¢yd8r of iy)anl of IlUStegS l..................... As bahalf by.. J J Jung. Tfuslee
io itle RE.¥N CHLR In¢•nd•nt 8Kamin•fs r•port to th• tru¥t•w ol LONDC4 YANGMOORY KOREAN CIVJRC I report to Ihe chanty Irustaas on rny wamfftabw of th8 aCcts of LONCrf)N yAKty KOREAN CHURCH It Tru8tl fDr Ihe year end 31 Decerntr 2024. RgsponsiblitlK and basis ol r•port the chanty knJstees of Trust yw affj restKwbk weparakn ¢A the ac£4Jurts in aCtrarte wth the requirements ofthe Che5 Acl 2011 Cth6 Adl. I repxt in resped of my exwninatkn of Tru4fs acc¢xJnts uTrJer Seckn 145 of Ihe Act In cwryirg LKrt my exaTratIOn I ha%t fIAbd al apWatAe Dwethrs gNen by the Chwty CLNMISSW S)n 1451SKbloflhe A kndopondent examlmvs 8tatwM I have compkted my exaninab"on. I nfj[rn that Tr) m81iers bj my attenkn In c4)Mect*Jn the 8xarninatM gwiThJ me cause to belwe Ihat m any material ac£ountiThJ records not W in res1 Of TnAt as tty Se¢kn 130clts Art ¢x tho aeminls do not comFty th+ aptaeatrie wuwwnsnts tho lorm and o)n18nt of acctyJnts $81 (KJ¢ In the Chathes IAccLKuts and R8P)rtsl ReguL91K>rks 21MJ8 other Ihan any rgwThnemt that Ihe aLx£wts gNe a trug and tsirvEwwhKh i¥ ncl a maiLEf ¢(mIe as part ofan ¥n{leXannakn. I have concorns havo ¢4ne avoss rKJ cthgr malltts In the exarrirralth) lo whKh attenbr shOd bo dr in thi5 report in orderto orwtl& a kyopew Urlkntj olfv acoxnts be Byury-Hun Lee Lea & ¢2pitsl Pathws Ltd Chartered Cerhfied A¢(nIan1$ 30 Groveland W New Malden SurTey KT3 58T Date..
31.1224 31.12.23 Total tiinds UnrestriLruJ INCOME AND ENDO114MENTS FROM Donations legacEs 93.140 156.082 EXPENDrruREON Ghartlable acthitt8 Cnaritabie a¢ts"vfti8s 1C6,0S9 93,930 NET INCOMEIIEXPENDmiftEI 112.9191 62,152 RECONCIUAMN OF FUNDS Totql lurmls bro 62,152 TOTAL FUNDSCARRIED FORWARD 49.233 62.152 The f¢Jwm pgrt of these finortial slaierr*nts
I ()NIx)N )'..INI iMIX)R)' KI)RI.'AN C-IIIJRI-11 I l ,lFix.r ?024 31.12.24 Unresii>¢ied fuiids 31.12.23 Total CURRENT ASSETS Cash al bank 51.239 62.8r2 CREDrroRS Amc#Jnls falh.ng dua *ythin yew I2.0} 17201 NET CURRENT ASSETS 49.233 62,152 TOTAL AsseTS Less CURRENT LIABILITES 49.233 62,152 NET ASSErs 49.233 62,152 FUN05 Unreslricted funds 49.233 62,152 roTAL FUNDS 49.233 62.152 Th• finan¢Jal statements were appro¥pd by ts Board of Tntss and aLth)nsed frx issue on and were signed on its behalf by.. J H L8e- Tnjstae Tht notcs frn pan Orth¢ financial stsiements P4e5
Ended 31 ACCOUNTNG POUCIES Basls of preparthg tho Ilnanclal st3tsm•nls The ffianaal ststements of charity. is a wL¢ bfiL FRS 102, havè been woP8red in aCcordae wth the ChartM SORP IFRS 11r21 Accojnting by chari5.. statent of Re¢ornrnended Pr&ike to th¥its$ preparing their actsxmts in act0rdan ¥¥llh the Financk91 Reporting stsndard a[WI¢ab n th8 UK and Rewt4K ol Irdand IFRS 102118ffei¥¥ 1 Jarw 20191,. Financ+ Raporbng Slandard 102 The Ryrtry Standard wcatAe in Ihe UK Republr of Irdantt the Ch8fiti&s Act InGom• AU ID¢¢Y L% kn th8 Statem1 ol AthiO8S ert8 the has entideI tts the Ij$, # 1$ prOblO ty¢ thè ircl ba rKeivod aThl th8 arrtsJnl¢an te r81W. Exp•nditure abihties are ¢ecoJniwd a5 expeNlthre 85 scth as 1$ 8 W or 03a1 MmIn9 tha thanty to thei expendituro. 41 * yobabkn thai a trwsfer of 8t(¢ tsefits wl be in sgtuernent and the wrwnl of the obligalon oxn be r8Iabty. Expenthbjre b acctwmied awuls ba%s has b daslIEd under headmgs 8t agyregat& JI Ct rdat•Y to caiawy. Whèfa ¢csts camot be dirèdty to particular headings Ihey have been akcated to acbwties (NLsteI1th ts use of f8KJLYces. Taxation Furth8rexFkntitin ofthe naturB and Fw¥xe 18 IrYJth n the no$ lo thearKaal statoments. TRUSTEES, REMUNERATION AND BENEFtrs Tlwe trusteos, reeti or cts befts fyjr th8 year eT¥knJ 31 Decembtr 2024 nw for Ith• year end 31 Dec¢mbEr 2023. Tru¥¢ees' xpen60¥ There we rn trusl988' exper$ ts eA¥Jod 31 D0¢•7*8r 2024 for Iha y8ur 31 Defflber 2023. COMPARATIVES FOR TrIE sfATEMeNTOF ACTMTES Unrestricied fi)Dd5 COMEAND ENDOY4MENTS FROM Donabons arm) 156,082 EXPENDttURE ON Charitable aclivitl•8 ¢tsb1e a(aMts"es 93,9XS NET INCOME 62.152 TOTAL FUNDS CARRIED FOIIWARD 62,152 contiTTrued..
RYK 24 CREOITORS.. Amoumfs FALUNG DUE VIlT ONE YEAR 31.12.24 31.1223 TaxalN)n and sCtI 8owty Otber uedit 720 720 MOVE*NT 14 FUNDS Ati.1.24 31.12.24 Unr•strbcted fund• Charrtable 62.152 112,9191 49.233 TOTAL FUNDS 2.152 112.9191 49,233 Nat ff¥JveftYrt n funds. in the atove art as Incoming Mov¢ment in fujjts ¢xpcndcd Unreslrlcled lund• Charitab 93.140 I1(,059) 112.9191 TOTAL FVNDS 93.140 1116.0591 112,9191 movement in fund5 31.12.2.7 Unre8trld•d fvnd8 Charitsb 2,152 62,152 TOTAL FUNDS 62.152 62,152 ex fu UnrostrKted fund• CharitBb 156.082 (93.9) 62.152 TOTAL FUNDS 156.082 193.9301 62,152 PaBe 7 conlinued..
RYK In d31 24 MOVEMENT W FUNDS-¢oniimJ•d -4tl.1.23 fvrJd% -11.12.24 Unre#trfGt•d fvnd8 Charitsb 49.233 49.233 TOTAL FUNDS 49.TJ3 49.233 A fAJrreni 12 8nd w•)r 12 rnnth6 ¢(thJ Mrnent li fvnds, IA I ab(e arg as Incorning RcsouTC£S Movcmenl funds Unre$trkted furtds harrtab 249.222 1199,9891 49.233 TOTAL FUNDS 249,222 1199,9891 49,233 RELATED PARTY DISCLOSURES Th6re wwe m f8labJ party lransactlxsfrfj red 31 C*c8mber2024. Page 8
RYK ialA 31.12.24 31.12.23 INCOME AND ETrXthVMEPnS Donatlons •nd18g•cI•s t)onatws 93.140 1,082 Total Iwthmkng r•8ourco 93.140 156.082 exPENuRE charftable •¢UvlU•s Wao¥s Rent. rates watsr '55¥)n Speakers EduCa1)n support Prclecl and event Sts Other church expenses Food and Wttality 17,461 39,160 15,665 1,71X) 10,326 8,663 2.987 16.666 28,118 12,652 1.450 12,043 10.645 4.eQ3 1,49e 98.227 87,673 Support costs Managem•nt M(r and travelling Printing, post and Strbr sure$ Bank cryeS S.446 1,348 2.810 543 1,278 206 318 7.112 4.837 Governane• costs Au19n and kngol fe8S 720 1,420 106.059 93.930 N•t l•xp•ndltyr•yln¢ 112,9191 62,152 This docs Doi forni of th¢ siatuiory flrkancd $tllts