## ## ||||||SORP reference||| |---|---|---|---|---|---|---|---| |Summary||ofthe purposes||of|Para 1.17|The object ofthe charity is the advancement|| |the charity||as set out|in its|||of religion
by promoting
religious
and other|| |governing||document||||charitable
work in the German
speaking|| |||||||protestant
community
in Greater London|in| |||||||accordance
with the traditions
ofSt Paul's|| |||||||German
Evangelical
Reformed
Church.|| |Summary
activities|ofthe main
in relation to those||||Para 1.17and
1.19|During the year, due to the ongoing
Covid
restrictions
and their knock-on effects, grants|| |purposes|for the public|||||were not made to the German
church's|| |benefit,
in particular,|||the|||parochial
districts of London East and West|| |activities,|projects or||services|||or the German
Choir London.
It is expected|| |identified|in the accounts.|||||that grant applications
will be received for|| |||||||2022.|| |||||||Grants were made to charities
supporting|| |||||||the homeless
and adults
with learning|| |||||||difficulties.|| |||||||Due to the Covid pandemic
no trustees'|| |||||||meeting was held
in the year and all|| |||||||decisions made via exchange ofemails.|| |Statement||confirming|||Para 1.18|The Trustees
have considered
the Public|| |whether
the trustees|||have|||Benefit requirement
and believe that the|| |had regard||to the guidance||||charity's
current activities are in line with|| |issued
by|the Charity|||||Charity Commission
guidelines.|| |Commission||on public|||||| |benefit|||||||| |Policy on|Policy on|social investment|social investment|social investment|||| |---|---|---|---|---|---|---|---| |including||program||related|||| |investment|||||||| ||||||Para 1.38||| |Contribution|||made by||||| |volunteers|||||||| |Other|||||||| |Achievements||||and Performance|||| ||||||SORP reference||| |||||||During the year, due|to the ongoing
Covid| |||||||restrictions
and their|knock-on effects, grants| |||||||were not made to the|German
church's| |Summary
ofthe main
achievements
ofthe charity,|||||Para 1.20|parochial
districts of London East and West
or the German
Choir London.
It is expected|| |identifying||the difference the||||that grant applications|will be received for| |charity's|work has|||made to||2022.|| |the circumstances||||of its|||| |beneficiaries|||and any wider|||Grants are also made|to charities supporting| |benefits to||society||as a||the homeless.|| |whole.|||||||| |||||||Ongoing
projects:|| |||||||A grant of210,000to|Glass Door, a London| |||||||Homeless
charity sponsored
by and|| |||||||supported
by local churches.|| |||||||A grant of210,000 to|Borderline,
a charity| |||||||supporting
homeless|with a Scottish Origin.| |||||||In making
this grant the Trustees were|| |||||||conscious ofthe historical
support
given to|| |||||||the fledgling St Paul's|Church
by the Church| |||||||of Scotland.|| |||||||A grant ofE8,832to support
two volunteers|| |||||||at Q.V.S.R, a retirement
home for|| |||||||international
seafarers|in East London.| |||||||In total the grants made were F28,832.|| |||||||The trust will continue|to make grants along| |||||||similar lines in the future and is considering|| |||||||how it might broaden|the scope of its| |||||||donations.
The continuing
level ofdividend|| |||||||income and the level ofthe charity's|| |||||||reserves
will enable this to be achieved|| |||||||despite a continuing
low level ofinterest|| |||||||earned
on bank de osits.|| ## |Achievements|Achievements|against|Para 1.41||||||| |---|---|---|---|---|---|---|---|---|---| |objectives set|||||||||| |Performance||offundraising|||||||| |activities against objectives|||Para 1.41||||||| |set|||||||||| |||||Despite the initial adverse||||impact ofthe|| |||||pandemic|on investment|||markets,|the| |Investment|performance||Para 1.41|Trustees|were pleased||to|note the|overall| |against objectives||||positive performance||of our investment|||| |||||funds over the year and have been|||||| |||||reinforced|in their faith||in|the value|of using| |||||specialist|charity fund|managers.|||| |Other|||||||||| ## |Financial
Review|Financial
Review|Financial
Review|Financial
Review|Financial
Review||||| |---|---|---|---|---|---|---|---|---| |Review ofthe charity's
financial
position at the
ofthe
eriod|||||end|Para 1.21|The charity has cash reserves off62,190
and Investment
Assets ofE4,587,960.|| |Statement
explaining||||the||Para 1.22|The trustees consider the investment
assets|| |policy for holding|reserves||||||to be in the nature ofan endowment
fund|to| |stating
why they|are held||||||fund the continuing
activities ofthe charity|| ||||||||whilst maintaining
the real value ofthe|| ||||||||original endowment.|| ||||||||The cash reserves off62,190are|| ||||||||considered
sufficient
but not excessive to|| ||||||||meet the immediate
needs ofthe charity.|In| ||||||||reaching
this view, the trustees are mindful|| ||||||||ofthe greater calls on the trust's funds as|a| ||||||||result ofthe German
churches
becoming|| ||||||||dependant
on their own resources
and no|| ||||||||longer subsidised
from Germany.|| |Amount
of reserves|||held|||Para 1.22|The charity has cash reserves off62,190|| ||||||||and Investment
Assets ofE4,587,960.|| |Reasons for holding|||zero|||Para 1.22|The charity does not hold zero reserves, see|| |reserves|||||||section above.|| |Details offund materially|||||in|Para 1.24|No funds are in deficit.|| |deficit||||||||| |Explanation
ofany||||||Para 1.23|No such concerns are noted.|| |uncertainties
about||the||||||| |charity continuing|as||a|going||||| |concern||||||||| |Additional
information|||||(optional)|||| |You ma
choose|to|include further statements|||||where relevant
about|| ||||||||The investment
objectives ofthe charity are|| |The charity's
principal
sources offunds (including||||||Para 1.47|to achieve balanced
growth ofcapital and
income. The trustees
regularly
review the
performance
ofthe charity's
investments|| |any fundraising)|||||||which remain
invested
in COIF Charity|| ||||||||Funds and in Schroder Charity
Multi-Asset|| ||||||||Units. The trustees
believe these funds to|be| |Investment
policy|and||||||appropriate
for the purposes
ofthe trust.|| |objectives
including
any
social investment
policy||||||Para 1.46|The market value ofthe charity's
investments
at 31 December 2021 was|| |adopted|||||||E4,587,960(31 December 2020:|| ||||||||E3,963629).Investment
income dropped
slightly
during the year from f35,804 in 2020|| ||||||||to 32,870 in 2021.|| |A description
ofthe||principal||||Para 1.46||| |risks facing the charity||||||||| |Other|||||||Since the Protestant
Church
in Germany
ceased subsidising
the German
Churches|in| ||||||||London there has been a continual
demand|| ||||||||on the Trust for funding,
which
it has sought|| ||||||||to meet where possible and appropriate.|| |The Trustees are actively exploring|other| |---|---| |areas ofsupport for the work ofthe|Church| |in London which would accord with|the| |charitable
spirit and traditions
ofthe|original| |St Paul's German
Church congregations.|| |Of particular
interest
is the potential|for| |working
with churches
supporting
the|| |homeless
in London and suitable
new|| |ro ects are bein
sou
ht.|| ## |Description||of charity's|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |trusts:|||||||||||||||||||| |Type ofgoverning
document
(trust deed, royal charter)||||Para 1.25|Charity Commission
1998.|||||Scheme sealed|||||||2|July|| |How is the|charity|||Para 1.25|Charitable|||Trust.|||||||||||| |constituted?|||||||||||||||||||| |(e.g unincorporated|||||||||||||||||||| |association,||CIO|||||||||||||||||| |Trustee selection methods
including
details of any||||Para 1.25|Individual
trustees
names ofsuitable||||are invited to propose
potential
trustees
for||||||||||| |constitutional
provisions
election to post or name|||e.g.
of||approval||by the trustees.||||||||||||| |any person||or body entitled|||||||||||||||||| |to appoint one or more|||||||||||||||||||| |trustees|||||||||||||||||||| |Additional|information||(optional)||||||||||||||||| |You ma
choose to include further statements|||||where relevant about:||||||||||||||| |Policies and||procedures|||||||||||||||||| |adopted for|the induction||and|Para 1.51|||||||||||||||| |training
oftrustees|||||||||||||||||||| |The charity's||organisational|||||||||||||||||| |structure
and||any wider||Para 1.51|||||||||||||||| |network
with||which the|||||||||||||||||| |charity works|||||||||||||||||||| |Relationship||with any related||Para 1.51|||||||||||||||| |parties|||||||||||||||||||| ||||||The trustees|||regularly|||review|||the|risks to||||| |Other|||||which the||charity is||exposed|||||and|consider||||| ||||||that the only|||major|risk||faced|||by the charity|||||| ||||||are those|to||which the|||investment|||||portfolio|||is| ||||||exposed,|namely
maintenance
of capital|||||||||||||| ||||||values and||income||levels.||||In|order||to|||| ||||||mitigate these risks, the|||||||charity's|||investment||||| ||||||porffolio is||managed|||by two well-known||||||||firms|| ||||||of investment|||managers||||specialising|||||in||| ||||||investment||for charities||||and the trustees||||||||| ||||||monitor their|||performance|||||regularly.||||||| ## |Charity's|principal|address|The German|YMCA| |---|---|---|---|---| ||||35 Craven Terrace|| ||||London|| ||||W2 3EL|| |Name|s ofthe charity trust|s ofthe charity trust|ees
who manage t|he charity|| |---|---|---|---|---|---| ||Trustee name||Office (ifany)|Dates acted if not for whole
year|Name ofperson (or body)
entitled to appoint trustee
ifan| |1|Mr Dieter|Losse|Chair||| |2|Mr Frank|Taylor||Resigned —18/09/2020|| |3|Rev Peter|Wintgens|||| |4|Mr Antony|Ratcliff||Resigned 30/01/2022|| |5|Mr Uwe Maynard||Hon Treasurer||| ||Mrs Katherine||||| ||Payne||||| |7|||||| |8|||||| |9|||||| |10|||||| |11|||||| |12|||||| |13|||||| |14|||||| |15|||||| |16|||||| |17|||||| |18|||||| |19|||||| |20|||||| |Funds held as|Funds held as|custodian|custodian|trustees|on behalf ofothers|on behalf ofothers| |---|---|---|---|---|---|---| |Description|ofthe|N/A||||| |assets held
in this||||||| |capacity||||||| |Name and|objects|N/A||||| |ofthe charity on||||||| |whose behalf the||||||| |assets are|held|||||| |and how this falls||||||| |within the||||||| |custodian||||||| |charity's objects||||||| |Details of||N/A||||| |arrangements
for||||||| |safe custody and||||||| |segregation|of|||||| |such assets from||||||| |the charity's|own|||||| |assets||||||| |Additional|information||(optional)|||| |Names and addresses||ofadvisers||(Optional|information)|| |Type of|Name|||Address||| |adviser||||||| |Investment|CCLA Investment|||Senator House,||85 Queen Victoria Street, London, EC4V| |managers|Management|||4ET||| |Investment|Schroder|Unit|Trusts|1 London Wall||Place, London, EC2Y 5AU| |managers|Limited|||||| |Principal|Barclays|Bank PLC||128 Moorgate,||London, EC2M 6SX| |Bankers||||||| ## ## |O|qHARiTy gpMMl55lp
FOR ENGLAND
AND WALE|qHARiTy gpMMl55lp
FOR ENGLAND
AND WALE|qHARiTy gpMMl55lp
FOR ENGLAND
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FOR ENGLAND
AND WALE|qHARiTy gpMMl55lp
FOR ENGLAND
AND WALE||St Paul's German
Church Trust|Evangelical|Reformed|Reformed||1073905||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Recei|ts and||a|ments accounts|||CC16a| ||||||||Forthe Period|0I-Jan-2||I||3I-Dec-2'I||| ||||||||from||||To|||| |~||i||-||||||||||| |||||~||~|~|||||||| ||||||||Unrestricted
funds|Restricted
funds|||Endowment
funds|Total|funds|Last year| ||||||||to the nearest
6|tothe nearest||6|to the nearest 6|tothe nearest 6||to the nearest 6| |A1 Recei|ts|||||||||||||| |Investment
Income
Bank Interest|||||||32,870||||||32,870|35,804| |||||||||||||||90| |u|o a||ross/ncome||or|||||||||| ||||||AR)||32,874||||||32,874|35,894| |A2 Asset|and|Investment
sales,||||||||||||| |see table|.|||||||||||||| |Transfer ofasset||to cash||u|tota|||||||||300,000
300,000| ||||Total receipts||||32,874||||||32,&74|335,894| |A3 Pa ments||||||||||||||| |Donations
and grants to further charitable||||||||||||||| |ob'ectives
Accountancy|fees||||||28,632
600||||||28,832
600|331332
600| |||||Sub total|||29,432||||||29,432|331,932| |A4 Asset and||investment||||||||||||| |||||Sub total||||||||||| ||||Total|payments|||29,432||||||29,432|331,932| |Net ofreceiptsl(payments)
A5 Transfers
between funds|||||||3,442||||||3,442|3,962| |A6 Cash funds last year end
Cash funds this year end|||||||58,748
62,190||||||58,748
62,190|54,786
581748| ||||||"|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||~
s|||~||||||||||| ||||||||~||~||~
~||~
~ ~|| ||Categories|||Details|||||||Unrestricted
funds||Restricted
funds|Endowment
funds| |B1Cash funds|||||||||||to nearest 6
19,850||to nearest 6|to nearest 6| ||||||||||||325|||| ||||||||||||42,015|||| ||||||||Total cash|||funds|62,190|||| |||||(agree||balances|with receipts and payments|||||||| |||||||||||accotmt(s))|OK|OK||OK| ||||||||||||Unrestricted||Restricted|Endowment| ||||||||||||funds||funds|funds| |||||Details|||||||to nearest 6||to nearest 6|to nearest 6| |B2Other monetary assets||||||||||||||| |B3Investment||assets||Details
COIF CIFAccumulation||||Units|||Fund to which
asset belon s
Unrestricted|Cost (optional)||Current value
o tional
1,045,321| |||||COIF CIFAccumulation||||Units|||Unrestricted|||2,421,494| |||||COIF CIF|Income Unites||||||Unrestricted|||98,7&1| |||||COIF CPF||Income|Units||||Unrestricted|||900,308| |||||Schroders|CMAF Distribution||||Units||Unrestricted|||122,055| |B4Assets retained for|||the|Details|||||||Fund to which
asset belon s|Cost (optional)||Current value
o tional| |charity's|own use|||||||||||||| |B5Liabilities||||Details|||||||Fund to which
liabili
relates|Amount
due
o tional||When due
o tional| |Signed by one or two trustees
behalf of all the trustees|||on|||Signature|||||Print Name|||Date of| |||||||||||||||a
royal| ||||||||||||~uv'p~ 01 Q~yJQ%-)g||||