SAENGSU KOREAN CHURCH

SAENGSU KOREAN CHURCH
Contents Page
For the year ended 31 July 2025

Company information	1
Directors' report	2
Statement of financial position	3
Statement of changes in equity	4
Notes to the financial statements	5

SAENGSU KOREAN CHURCH
Company Information
For the year ended 31 July 2025

Directors	Hyun Jung Dong-Pill Oh Taeho Jeong
Registered Number	03085645
Registered Office	112 Morden Road London SW19 3BP
Accountants	Geoffrey Nathan Associates 112 Morden Road London SW19 3BP

1

SAENGSU KOREAN CHURCH
Directors' Report
For the year ended 31 July 2025

Trustees Annual Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the ended 31 July 2025.

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law.
The directors who served the company throughout the year were as follows:

Hyun Jung

Dong-Pill Oh

Taeho Jeong

Additional Notes

Structure, governance and management

The SAENGSU KOREAN CHURCH is a registered charity and is governed by its own constitution, The operational management of the organisation's day to day activities are delegated to trustees.

Objectives and activities

The main object of the company is:

To advance the Christianity religion in UK for the benefit of the public through the holding of prayer meeting, lectures, worship and public celebration of religious festivals producing and distributing literature on Christianity to enlighten others about the Christianity.

Achievements and performance

The church had a donations of £45,873 for the year. Expenditure for the year amounted to £47,087 giving a deficit of £1,214.

Statement of trustees' responsibilities

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part15 of the Companies Act 2006 and in accordance with the Charities SORP(FRS102).

This report was approved by the board and signed on its behalf by:

----------------------------------
Hyun Jung
Director

Date approved: 25 February 2026

2

SAENGSU KOREAN CHURCH
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	0	231
		0	231
Current assets
Cash at bank and in hand		1,465	2,797
Creditors: amount falling due within one year	4	(959)	(1,309)
Net current assets		506	1,488

Total assets less current liabilities		506	1,719
Net assets		506	1,719

Funds of the Charity
Unrestricted funds		506	1,719
Members' funds		506	1,719

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 25 February 2026 and were signed on its behalf by:

-------------------------------
Hyun Jung
Director

3

SAENGSU KOREAN CHURCH
Statement of Changes in Equity
For the year ended 31 July 2025

	Retained Earnings	Total
	£	£
At 01 August 2023	11,467	11,467
Profit for the year	(9,748)	(9,748)
Total comprehensive income for the year	(9,748)	(9,748)
Total investments by and distributions to owners	-	-
At 31 July 2024	1,719	1,719
At 01 August 2024	1,720	1,720
Profit for the year	(1,214)	(1,214)
Total comprehensive income for the year	(1,214)	(1,214)
Total investments by and distributions to owners	-	-
At 31 July 2025	506	506

4

SAENGSU KOREAN CHURCH
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

SAENGSU KOREAN CHURCH is a private company, limited by guarantee, registered in England and Wales, registration number 03085645, registration address 112 Morden Road, London, SW19 3BP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% Reducing Balance

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 August 2024	929	929
Additions	-	-
Disposals	-	-
At 31 July 2025	929	929
Depreciation
At 01 August 2024	698	698
Charge for year	231	231
On disposals	-	-
At 31 July 2025	929	929
Net book values
Closing balance as at 31 July 2025	-	-
Opening balance as at 01 August 2024	231	231

4.

Creditors: amount falling due within one year

	2025 £	2024 £
PAYE & Social Security	0	143
Accrued Expenses	960	840
Other Creditors	(1)	0
Wages & Salaries Control Account	0	275
NEST	0	51
	959	1,309

5.	Company Limited by Guarantee The company is limited by guarantee and therefore has no shares.

5

Registered Number: 03085645
England and Wales
SAENGSU KOREAN CHURCH

Trustees' Report and Unaudited Accounts

Period of accounts Start date: 01 August 2024 End date: 31 July 2025