KOREAN EALING CHURCH
The objectives of the charity are to promote the christain faith The principal fund raising activity of the church is the offerings and donations made by members of the church congregation The funds raised are used to support missionary work, both in the United Kingdom and abroad, to give scholarship support to students, and generally support and aid to those less well off in the community
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £650 for the year, resulting in unrestricted funds decreasing slightly from £348,843 to £348,193. Per the trustees' report, the charity maintains sufficient free reserves to provide financial flexibility, with a long-term aim to use these reserves for the purchase of a church site.
What the accounts disclose
“It is the trustees' view that it is prudent to ensure that there are sufficient free reserves to provide financial flexibility throughout the year.” — page 3
Trustees
- BUM YONG YOON
- Dr SEUNG CHUL PARK
- YUNG WOONG CHANG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £232k | £232k |
| 31/05/2024 | £232k | £228k |
| 31/05/2023 | £220k | £185k |
| 31/05/2022 | £195k | £149k |
| 31/05/2021 | £172k | £159k |
Common questions
Is KOREAN EALING CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £650 for the year, resulting in unrestricted funds decreasing slightly from £348,843 to £348,193. Per the trustees' report, the charity maintains sufficient free reserves to provide financial flexibility, with a long-term aim to use these reserves for the purchase of a church site. Its FY2025 accounts were independently examined.