LONDON KOREAN SCHOOL LIMITED
The advancement of Korean education of children and young people in the UK-Running Korean language class and history class and other classes to enhance children and young people to understand more about Korea-Teaching Korean cultures and other cultural underanding through the school activities
Objects
'THE ADVANCEMENT OF EDUCATION, FOR THE BENEFIT OF THE PUBLIC, PARTICULARLY BUT NOTEXCLUSIVELY IN KOREAN LANGUAGE, HISTORY AND CULTURE, THROUGH THE PROVISION OF A WEEKENDSCHOOL.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £98,839 to £102,417, resulting in a net income of £3,578 for the year. The trustees consider reserves sufficient to support current resources, and the independent examiner reported no matters requiring attention.
What the accounts disclose
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
- 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
- Dongjin Bae
- JONG MAN Park
- Jihae Kim
- Jong Bo Kim
- Jong Ho Seo
- Min Hee Lee
- Seon Jeong Ki
- Whung Tuk Ghim
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £182k | £179k |
| 31/12/2023 | £172k | £177k |
| 31/12/2022 | £165k | £156k |
| 31/12/2021 | £91k | £88k |
| 31/12/2020 | £93k | £93k |
Common questions
Is LONDON KOREAN SCHOOL LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased from £98,839 to £102,417, resulting in a net income of £3,578 for the year. The trustees consider reserves sufficient to support current resources, and the independent examiner reported no matters requiring attention. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMERICAN SCHOOL IN LONDON FOUNDATION (UK) LIMITED | 1 | £7.9m |
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £898k |
| The Leathersellers' Foundation | 1 | £779k |
| THE MONTEFIORE ENDOWMENT | 1 | £194k |
| COLFE'S CHARITABLE TRUST | 1 | £158k |
| THE ANGLO-AMERICAN CHARITY LIMITED | 1 | £91k |
| THE MARCUS MARGULIES CHARITABLE TRUST | 1 | £72k |
| UK CHRISTIAN SCHOOLS LTD | 1 | £66k |
Charities like this
- LONDON CHRISTIAN SCHOOL LTD
- COLLEGE FRANCAIS BILINGUE DE LONDRES LTD
- LYCEE INTERNATIONAL DE LONDRES
- COLFE'S SCHOOL
- THE AMERICAN SCHOOL IN LONDON EDUCATIONAL TRUST LTD
- KOREAN CATHOLIC CHURCH IN LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LONDON KOREAN SCHOOL LIMITED | £182k | — | 0 | unclear | — | no doubt |
| LONDON CHRISTIAN SCHOOL LTD | £1.6m | — | — | unclear | — | no doubt |
| COLLEGE FRANCAIS BILINGUE DE LONDRES LTD | £11.1m | — | — | above | — | no doubt |
| LYCEE INTERNATIONAL DE LONDRES | £13.9m | — | — | below | — | no doubt |
| COLFE'S SCHOOL | £27.7m | — | — | above | — | no doubt |
| THE AMERICAN SCHOOL IN LONDON EDUCATIONAL TRUST LTD | £59.1m | — | 0 | unclear | — | no doubt |