KSEAUK

Registered charity 1174740 · accounts filings on the Charity Commission register · also known as THE KOREAN SCIENTISTS AND ENGINEERS ASSOCIATION IN THE UK

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.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£682k
Latest spending
£506k
Registered
2017
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

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 31/12/2024)

Total income
£682k
Total spending
£506k
Reserves (reported)
£250k
Employees
1

Reported reserves equal ~5.9 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (70% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: South Korea · Throughout England

Income and spending

Financial year endIncomeSpending
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.