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Sun Kyeong Qi

Registered charity 1133398 · accounts filings on the Charity Commission register · also known as INNERSOUND, INNERSOUND FOUNDATION, JUNG SHIM, QI WELLNESS. · also registered in Scotland as SC051230 (OSCR)

providing natural health and wellbeing services

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income
£468k
Latest spending
£601k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure loss of £133,801 for the year ended 31 July 2025, resulting in total unrestricted funds decreasing to £95,259. Per the trustees' report, the worsening financial situation led to a decision to wind up and close the charity, with charitable activities ceasing in February 2026. The financial statements were prepared on a break-up basis reflecting this dissolution.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £95k)
“There are not anticipated to be any remaining reserves once the winding up process has been completed.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Owing to the worsening financial situation, the trustees made the decision on 28th November 2025 to wind up and close the charity. The Charity ceased its Charitable trading activities on 6th February 2026 with a view of its dissolution by due process.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from subsidiary
“During the year charitable donations of £ 61,000 (2024: £34,500) were received from the subsidiary company Sun Kyeong AH Ltd. Also, contributions of £ 25,083 (2024: £20,683) were received from Sun Kyeong AH Ltd towards shared resources/facilities for the year.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/07/2023)

Total income
£649k
Total spending
£481k
Reserves (reported)
£357k
Employees
5

Reported reserves equal ~8.9 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£468k£601k
31/07/2024£296k£424k
31/07/2023£649k£481k
31/07/2022£626k£538k
31/07/2021£404k£542k

Common questions

Is Sun Kyeong Qi financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure loss of £133,801 for the year ended 31 July 2025, resulting in total unrestricted funds decreasing to £95,259. Per the trustees' report, the worsening financial situation led to a decision to wind up and close the charity, with charitable activities ceasing in February 2026. The financial statements were prepared on a break-up basis reflecting this dissolution. Its FY2025 accounts were independently examined.