Charity Accounts Intelreading the accounts so you don’t have to

RAYNES PARK KOREAN CHURCH

Registered charity 1128349 · accounts filings on the Charity Commission register

Latest income
£150k
Latest spending
£133k
Registered
2009
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity generated a surplus of £9,152 for the year ended 31 December 2022, with total income of £123,097 and total expenditure of £113,945. Per the trustees' report, the charity holds unrestricted reserves of £199,722, which it states is sufficient to meet annual commitments for about 12 months in advance. The charity relies solely on donations from Sunday collections, with no other fundraising activities undertaken in the reporting period.

What the accounts disclose

Reserves policy: 12 months of annual salaries and rent (held: £200k)
“The charity keeps on deposit sufficient funds to ensure that it can meet its commitments to meet annual salaries and rent of the church hall for about 12 months in advance.”
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Burkina Faso · Cambodia · Greece · Kingston Upon Thames · Surrey · Throughout London · Ukraine

Income and spending

Financial year endIncomeSpending
31/12/2024£150k£133k
31/12/2023£143k£116k
31/12/2022£123k£114k
31/12/2021£147k£93k
31/12/2020£128k£85k

Common questions

Is RAYNES PARK KOREAN CHURCH financially healthy?

The accounts state that the charity generated a surplus of £9,152 for the year ended 31 December 2022, with total income of £123,097 and total expenditure of £113,945. Per the trustees' report, the charity holds unrestricted reserves of £199,722, which it states is sufficient to meet annual commitments for about 12 months in advance. The charity relies solely on donations from Sunday collections, with no other fundraising activities undertaken in the reporting period. Its FY2022 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with KOREAN CATHOLIC CHURCH IN LONDON.