KING'S CROSS KOREAN CHURCH
To promote the Christian Faith
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £30,061 for the year ended 31 December 2025, with unrestricted funds increasing to £203,809. The trustees maintain that these reserves provide sufficient financial flexibility, with a long-term aim to purchase a site for a church. The independent examiner confirmed that no material matters were identified during their examination of the accounts.
What the accounts disclose
“It is the trustees' view that it is prudent to ensure that there are sufficient free reserves to provide financial flexibility throughout the year. The long-term aim is to use the reserves for the purchase of a site for a church.” — page 3
Trustees
- Mr W Parkchair
- MR Y Jung
- Mr C Choi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £187k | £157k |
| 31/12/2024 | £136k | £157k |
| 31/12/2023 | £116k | £125k |
| 31/12/2022 | £97k | £116k |
| 31/12/2021 | £101k | £93k |
Common questions
Is KING'S CROSS KOREAN CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £30,061 for the year ended 31 December 2025, with unrestricted funds increasing to £203,809. The trustees maintain that these reserves provide sufficient financial flexibility, with a long-term aim to purchase a site for a church. The independent examiner confirmed that no material matters were identified during their examination of the accounts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF RICHARD CLOUDESLEY | 1 | £172k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. SAVIOUR HANLEY ROAD | 1 | £688 |
Charities like this
- KOREAN CATHOLIC CHURCH IN LONDON
- KING'S CHURCH LONDON
- KINGS CROSS CHURCH
- THE KING'S CROSS BAPTIST CHURCH
- ASSEMBLY OF GOD (KING'S CHRISTIAN CENTRE)
- KING'S CHURCH BISHOP'S WALTHAM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KING'S CROSS KOREAN CHURCH | £187k | — | 0 | unclear | — | no doubt |
| KOREAN CATHOLIC CHURCH IN LONDON | £159k | — | 0 | unclear | — | no doubt |
| KING'S CHURCH LONDON | £3.2m | — | 3 | below | 0.0% | no doubt |
| KINGS CROSS CHURCH | £2.1m | — | 0 | within | — | no doubt |
| THE KING'S CROSS BAPTIST CHURCH | £148k | — | 0 | unclear | — | no doubt |
| ASSEMBLY OF GOD (KING'S CHRISTIAN CENTRE) | £104k | — | 0 | above | — | no doubt |