DURHAM KOREAN CHURCH
To advance the Christian faith in the local community and in particular the local Korean community, who can find it difficult to carry out worship and religious studies in a non Korean Church where language, customs and interpretations cause slow progress.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £401 for the year ended 30 November 2024, a significant decrease from the £14,687 reported in the prior year. Total funds carried forward stood at £36,517, with unrestricted reserves comprising the entirety of the charity's net assets. The trustees confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
Trustees
- EUN YOUNG PEACOCK
- Jong Bin KIM
- Young Taek Yoon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £48k | £47k |
| 30/11/2023 | £47k | £33k |
| 30/11/2022 | £26k | £23k |
| 30/11/2021 | £25k | £15k |
| 30/11/2020 | £14k | £14k |
Common questions
Is DURHAM KOREAN CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £401 for the year ended 30 November 2024, a significant decrease from the £14,687 reported in the prior year. Total funds carried forward stood at £36,517, with unrestricted reserves comprising the entirety of the charity's net assets. The trustees confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.