CALVARY KOREAN CHURCH
To advance the Christian faith and the worship of God in particular Korean nationals in England and Wales, including the provision of Church Services and Christian counselling, and the support of Christian missions in developing countries.
Objects
(A) TO ADVANCE THE CHRISTIAN FAITH AND THE WORSHIP OF GOD IN PARTICULAR FOR KOREAN NATIONALS IN ENGLAND AND WALES. (B) TO ADVANCE THE CHRISTIAN RELIGION IN PARTICULAR BY:(1) THE PROVISION OF CHURCH SERVICES AND CHRISTIAN COUNSELLING, AND (11) THE SUPPORT OF CHRISTIAN MISSIONS IN DEVELOPING COUNTRIES.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £2,318 for the year ended 31 December 2024, with total unrestricted funds carried forward amounting to £478,619. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity's reserves policy is to hold sufficient cash to pay mortgage instalments and expenditure as they fall due, rather than maintaining a specific multi-month target.
What the accounts disclose
“Donations and legacies 55,837” — page 6
“The Trustees aim to hold sufficient cash at bank to pay the mortgage instalments and the Church's expenditure as they fall due.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Sung Youl Choichair
- Jeong Soo Seo
- YONG GUN LEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £56k | £54k |
| 31/12/2023 | £42k | £57k |
| 31/12/2022 | £57k | £46k |
| 31/12/2021 | £57k | £73k |
| 31/12/2020 | £55k | £73k |
Common questions
Is CALVARY KOREAN CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £2,318 for the year ended 31 December 2024, with total unrestricted funds carried forward amounting to £478,619. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity's reserves policy is to hold sufficient cash to pay mortgage instalments and expenditure as they fall due, rather than maintaining a specific multi-month target. Its FY2024 accounts were independently examined.