CORNER STONE (KOREAN) CHURCH
The advancement of the Christian Religion by the proclamation and furtherance of Bible to the public.
Objects
THE ADVANCEMENT OF THE CHRISTIAN RELIGION BY THE PROCLAMATION AND FURTHERANCE OF BIBLE TO THE PUBLIC
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating loss of £2,452 for the year ended 30 April 2025, resulting in net liabilities of £34,106. The director's report confirms the accounts were prepared on a going concern basis, and the independent examiner reported no material matters of concern.
What the accounts disclose
“Turnover Fees 48,988”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/04/2025
- Volunteers: 3
Self-declared on the annual return for the financial year ending 30/04/2024
- Volunteers: 5
Self-declared on the annual return for the financial year ending 30/04/2023
- Volunteers: 10
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 30/04/2021 (received 20/12/2022, 295 days after the 28/02/2022 due date).
Trustees
- Rev OON SOON PARKchair
- KUM CHUL PARK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £49k | £51k |
| 30/04/2024 | £48k | £48k |
| 30/04/2023 | £39k | £43k |
| 30/04/2022 | £28k | £27k |
| 30/04/2021 | £17k | £13k |
Common questions
Is CORNER STONE (KOREAN) CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating loss of £2,452 for the year ended 30 April 2025, resulting in net liabilities of £34,106. The director's report confirms the accounts were prepared on a going concern basis, and the independent examiner reported no material matters of concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, GROVE | 1 | £5k |
Charities like this
- SAENGSU KOREAN CHURCH
- KOREAN CHRISTIAN FELLOWSHIP
- CORNERSTONE CHRISTIAN CENTRE
- READING KOREAN CHURCH
- THE CORNERSTONE WORKS LTD
- CORNERSTONE COMMUNITY CHURCH (WALES)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORNER STONE (KOREAN) CHURCH | £49k | — | 0 | unclear | — | no doubt |
| SAENGSU KOREAN CHURCH | £46k | — | 0 | unclear | — | no doubt |
| KOREAN CHRISTIAN FELLOWSHIP | £74k | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHRISTIAN CENTRE | £47k | — | 0 | unclear | — | no doubt |
| READING KOREAN CHURCH | £17k | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE WORKS LTD | £498k | — | 0 | above | — | no doubt |