## ## ## ## |Objec|ti|v|es and|Acti|viti|es||| |---|---|---|---|---|---|---|---|---| |||||||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.|| |identified||in the accounts.||||||| ||||||||Grants were made to charities supporting|| ||||||||the homeless
and adults with learning|| ||||||||difficulties.|| ||||||||The trustees became aware that, due to the|| ||||||||ongoing consequences
of Covid, the|| ||||||||German
YMCA in London was unable to|| ||||||||make its regular small grants to local|| ||||||||organisations.
The trustees agreed to make|| ||||||||a grant of810,000to the German
YMCA|| ||||||||with E5,000 being paid
in 2022 and another|| ||||||||F5,000the following year. The allocation of|| ||||||||this grant to third parties is at the discretion|| ||||||||ofthe German
YMCA's Board of|| ||||||||Management.|| ||||||||One trustees'
meeting was held
in April 2022|| ||||||||at which Caroline
Quigley was appointed|as| ||||||||a trustee.|| |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||||||||| |||||Para 1.38| |---|---|---|---|---| |Policy on|grant making|||| |||||Para 1.38| |Policy on|social investment|||| |including|program||related|| |investment||||| |||||Para 1.38| |Contribution||made|by|| |volunteers||||| |Other||||| ## |Achiev|eme|nts|and Pe|rformance|| |---|---|---|---|---|---| |||||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.| |identifying|the|difference the|||| |charity's|work|has made to|||Grants are made to charities supporting
the| |the circumstances|||of its||homeless.| |beneficiaries
and|||any wider||| |benefits to society as a|||||Ongoing
projects:| |whole.|||||| ||||||A grant off10,000to Glass Door, a London| ||||||Homeless
charity sponsored
by and| ||||||supported
by local churches.| ||||||A grant off10,000to 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| ||||||ofScotland. Although
the cheque was| ||||||issued
it was never cashed and so this grant| ||||||does not appear
in the accounts. A grant will| ||||||again be paid in 2023.| ||||||A grant ofF8,832to support two volunteers| ||||||at Q.V.S.R, a retirement
home for| ||||||international
seafarers
in East London.| |A grant ofE5,000was made to the German| |---| |YMCA in London to enable
it to continue| |providing
making
small grants to local| |organisations.
A further grant ofE5,000 will| |be made
in 2023.| |In total the grants made were f33,832.| |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 of interest| |earned
on bank deposits.| ## |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
ofour investment|| |||||funds over the year and have been|| |||||reinforced
in their faith in|the value of using| |||||specialist charity fund managers.|| |Other|||||| ## |Finan|c|ial
Review|ial
Review|ial
Review|ial
Review||||| |---|---|---|---|---|---|---|---|---|---| |Review||ofthe charity's|||||Para 1.21|The charity has cash reserves off61,566|| |financial||position||at|the end|||and Investment
Assets off4,115,172.|| |ofthe|eriod||||||||| |Statement
explaining|||||the||Para 1.22|The trustees consider the investment
assets|| |policy for holding||||reserves||||to be in the nature of an 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 off61,566 are|| |||||||||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 of261,566
and Investment
Assets off4,115,172.|| |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|||||||||| |concern||||||||| |---|---|---|---|---|---|---|---|---| |Additional||information|||(optional)|||| |You ma|choose||to|include||further statements|where relevant
about|| ||||||||The investment
objectives ofthe charity are|| ||||||||to achieve balanced
growth ofcapital and|| |The charity's
principal
sources offunds
(including||||||Para 1.47|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|| ||||||||appropriate
for the purposes
ofthe trust.|| |Investment
policy and
objectives including
any||||||Para 1.46|The market value ofthe charity's|| |social investment
adopted|||policy||||investments
at 31 December 2022 was
E4,115,172.20 (31 December 2021:|| ||||||||E4,587,960.67).Investment
income|| ||||||||increased
slightly
during the year from|| ||||||||f32,870 in 2021 to F33,437 in 2022.|| |A description||ofthe||principal||Para 1.46||| |risks facing||the charity||||||| ||||||||Since the Protestant
Church
in Germany|| |Other|||||||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.|| ## |Structure,
Governa|nce|and Manag|ement|||||| |---|---|---|---|---|---|---|---|---| |Description
ofcharity's||||||||| |trusts:||||||||| |Type of governing
document||Para 1.25|Charity Commission|||Scheme sealed||2 July| |(trust deed, royal charter)|||1998.|||||| |How is the charity||Para 1.25|Charitable|Trust.||||| |constituted?||||||||| |(e.g unincorporated||||||||| |association,
CIO||||||||| |Trustee selection methods||Para 1.25|Individual|trustees|are invited to propose|||| |including
details of any|||names of|suitable|potential||trustees|for| |constitutional
provisions|e.g.||approval|by the trustees.||||| |election to post or name|of|||||||| |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
adopted|and procedures
for the induction|and procedures
for the induction|and|Para 1.51|||| |---|---|---|---|---|---|---|---| |training|oftrustees||||||| |The charity's
structure
and||organisational
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
ofcapital||| ||||||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|| |ame|s ofthe chari|s ofthe chari|ty trust|ees
who manage t|he charity||| |---|---|---|---|---|---|---|---| ||Trustee name|||Office (ifany)|Dates acted
year|ifnot for whole|Name ofperson (or body)
entitled to appoint trustee
ifan| |1|Mr Dieter|Losse||Chair|||| |2|Rev Peter|Wintgens|||||| |3|Mr Antony|Ratcliff|||Resigned|30/01/2022|| |4|Mr Uwe Maynard|||Hon Treasurer|||| ||Mrs Katherine||||||| ||Payne||||||| |6|Mrs Caroline||Quigly||Appointed|06/04/2022|| |7|||||||| |8|||||||| |9|||||||| |10|||||||| |11|||||||| |12|||||||| |13|||||||| |14|||||||| |15|||||||| |16|||||||| |17|||||||| |18|||||||| |19|||||||| |20|||||||| |Funds held as|custodian|custodian|trustees|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, EG2Y 5AU|| |managers
Limited||||||| |Principal
Barclays|Bank PLC||128 Moorgate,||London,|EC2M 6SX| |Bankers||||||| ## ## ## |O
CHARITY COMMISSIO
FOR ENGLANO
ANp WAI.E|O
CHARITY COMMISSIO
FOR ENGLANO
ANp WAI.E|O
CHARITY COMMISSIO
FOR ENGLANO
ANp WAI.E|O
CHARITY COMMISSIO
FOR ENGLANO
ANp WAI.E|StPaul's German
Evangelical
Reformed
Church Trust
Receipts and payments
For the period
from
To|StPaul's German
Evangelical
Reformed
Church Trust
Receipts and payments
For the period
from
To|StPaul's German
Evangelical
Reformed
Church Trust
Receipts and payments
For the period
from
To|StPaul's German
Evangelical
Reformed
Church Trust
Receipts and payments
For the period
from
To|1073905
accounts
. I L-,.cz'|1073905
accounts
. I L-,.cz'|1073905
accounts
. I L-,.cz'||CC16a| |---|---|---|---|---|---|---|---|---|---|---|---|---| |'||||||||||||| |-|-|||||||||||| |~|||~
~|~||||||||| |||||Unrestricted
funds|Restricted
funds||Endowment
funds||Total|funds||Lastyear| |||||tothe nearest|tothe nearest 6||tothe nearest 6||to the nearest||E|to the nearest 6| |A1 Receipts||||||||||||| |Investment
Income||||33,437||||||33,437||32,870| |Bank Interest||||431|||||||431|| |Sub total (Gross|income for
AR)|||33,868||||||33,868||32,874| |A2 Asset and investment|||sales,|||||||||| |(see table).||||||||||||| |Transfer ofasset to cash||||||||||||| |||Sub total||||||||||| |Total|||receipts|33,868||||||33,868||32,874| |A3 Payments||||||||||||| |Donations
and grants to further|||charitable|||||||||| |objectives||||33,832||||||33,832||28,832| |Accountancy fees||||660|||||||680|600| |||Sub total||34,492||||||34,492||29,432| |A4 Asset and investment||||||||||||| |purchases,
(see table)||||||||||||| |||Sub total||||||||||| |Total|payments|||341492||||||34,492||29,432| |Net ofreceiptsi(payments)||||624|||||||624|3,442| |A5 Transfers
between|funds|||||||||||| |A6 Cash funds last year|||end|62,190||||||62,190||58)748| |Cash funds this||year end||61,566||||||61,566||62,190| ||~||a|||||||~
~|~
~||~|~ a||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Unrestricted||||Restricted||Endowment| |||||||||||funds||||funds||funds| |||||||||||to naarasi||5||to nearest 6||to nearest 6| |8'I Cash||funds||||||||||4,852||||| |||||||||||||325||||| ||||||||||||56,389|||||| |||||||Total cash|||funds||61I566|||||| ||||||Iacrcc balances with||receipts and payments|||||||||| ||||||||||account(s}}|||||||| |||||||||||Unrestricted||||Restricted||Endowment| |||||||||||funds||||funds||funds| |||||||||||to nearest||5||to nearest 5||to nearest 5| |82 Other||monetary assets||||||||||||||| |||||||||||Fund to which
asset balon
s|||Cost (optional}|||Current value
o tlonal| |83Investment||||assets|COIF CIFAccumulation||Units|||Unraslriclad||||||943,834| ||||||COIF CIFAccumula(ion||Units|||Unrestricted||||||2,186,399| ||||||COIF CIF Income Unites|||||Unrestricted||||||87,019| ||||||COIF CPF Income Units|||||Unrestricted||||||788,460| ||||||Schrodars|CMAF Dislribution||Units||Unraslriclad||||||109,460| |||||||||||Fund to which
asset balon
s|||Cost (optional)|||Current value
o tlonal| |84Assets retained for the||||||||||||||||| |charity's||own use||||||||||||||| |||||||||||Fund to|which|||Amount|dua|When dua| |||||||||||liablli|relates|||o tional||o tlonal| |85 Liabilities||||||||||||||||| |Signed by one or two trustees on
behalf of all the trustees||||||Signature||||||Print|Name|||Date of
approval| |||||||||||)IQRft,||l4~g||L4y5SP||+ I, Qh| ||||||||||||P PV/4&tt-1)|||||| |CCXXR2 accounts (SS)||||||||||||||||09/06/2023|