KSEAUK
Promote the application of science and technology for the general welfare of society, foster international cooperation especially between the UK and Korea and help Korean scientists and engineers to develop their full career potential.
Objects
TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT IN STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS) INCLUDING MEDICINE AND RELATED DISCIPLINES.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £249,952, supported by incoming resources of £681,873 against expenditures of £505,934. The trustees confirm that assets are adequate to fulfill obligations and that the going concern assumption is appropriate for the preparation of the financial statements.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Investment
- Paying staff
- Risk management
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 10735444
Company officers (Companies House)
- LEE, Jaemin, Dr not on trustee list
- CHOI, Youngseok on trustee list
- JIN, Seongho, Dr on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Seongho Jin
- Dr Youngseok Choi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £682k | £506k |
| 31/12/2023 | £65k | £68k |
| 31/12/2022 | £53k | £59k |
| 31/12/2021 | £61k | £65k |
| 31/12/2020 | £49k | £31k |
Common questions
Is KSEAUK financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £249,952, supported by incoming resources of £681,873 against expenditures of £505,934. The trustees confirm that assets are adequate to fulfill obligations and that the going concern assumption is appropriate for the preparation of the financial statements. Its FY2024 accounts were independently examined.