2021-04-05-accounts

DocuSign Envelope ID: 3CE0978C-A603-4608-81E1-0958EFF84D43

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 06 04 2020 To 05 04 2021

Section A Reference and administration details

Charity name

Radnor Walk Congregational Church

Other names charity is known by

Registered charity number (if any) 1126827

Charity's principal address C/O 9 Hyde Park Crescent

London

Postcode W2 2PY

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Ann Batey
2 Michael Phillips Chairman
3 Anne Crawshaw
4 Glenys Earnshaw
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Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

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Names and addresses of advisers (Optional information)

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Type of adviser Name Address
Accountant LB Group Number One, 1 Vicarage Lane, Stratford, London, E15 4HF
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Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

TRUST DEED Type of governing document

• (eg. trust deed, constitution)

TRUST How the charity is constituted

• (eg. trust, association, company)

Appointed by Trustees Trustee selection methods

• (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

March 2012

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DocuSign Envelope ID: 3CE0978C-A603-4608-81E1-0958EFF84D43

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The object of the Deed of Trust dated 30 January 1880 relating to Radnor Walk Congregational Chapel was to provide Protestant Dissenter members with premises in Radnor Walk, Chelsea, London for the Public Worship of God and similar purposes. Whilst the original Church building in Chelsea has been sold, the Church continues to operate. Its members worship as part of a combined church with two other churches in a building on EastCastle Street, London W1. This is known as Eglwys Cymraeg Canol Llundain. The Trust supports the running of this Church alongside other organisation that operate in support of the original remit relating to Welsh language Christian worship and education.

When undertaking our activities for the year the Trustees have considered the Commission’s guidance on public benefit. The Trust has continued to support the operational running of the Church in EastCastle Street having entered into a sharing agreement with two other Welsh Churches. There has been significant work carried out to maintain the church building in the last year or so and these are continuing. In addition, the Trustees have supported other institutions and causes in London which relate to Welsh language education and worship.

Additional details of objectives and activities (Optional information)

The Trustees do not wish there to be adverse risk associated with the investments. This low risk strategy has worked well to date. The charity continually ensures that its investment fund and programme is correctly managed and invested in a consistent manner that allows for maximum capital growth amidst a low risk environment. The charity employs the services of Brown Shipley, investment specialists in maintaining and managing their portfolio to ensure that the risk of Trustees managing the You may choose to include funds/conflicts of interest are greatly reduced. further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

March 2012

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DocuSign Envelope ID: 3CE0978C-A603-4608-81E1-0958EFF84D43

Section D Achievements and performance

Summary of the main This has been another difficult year, given the pandemic. There is a great achievements of the charity deal of uncertainty and the expectation is that there will be need for during the year further investment. In this particular year, the pandemic has meant that some projects have been delayed. At this time. the Trustees with the guidance of Brown Shipley have looked to consolidate the fund during this time. This seems to have recovered more recently following a dip throughout the year.

Section E Financial review

To have sufficient reserves to invest in short term needs but also to retain Brief statement of the a portfolio long-term. When possible, the charity currently reinvests charity’s policy on reserves unused reserves into its investment portfolio.

Details of any funds materially in deficit

Further financial review details (Optional information)

• The charities principle source of funds is the realisation of gains in

• You may choose to include investments and continual monies generated from their investment

• additional information, where portfolio. Whilst the charity policy is to continually reinvest all of its

• relevant about: investment gains there is the need for general charitable expenditure.

• the charity’s principal sources of funds (including Expenditure is approved by the board of trustees and whilst there is any fundraising); ongoing support in the payment of the salary of the Minister there is an

• how expenditure has approval only at board level of large one off expenditure. supported the key objectives When work is needed, in each case quotes are obtained to ensure that

• of the charity; there is no conflict of interest and that works are undertaken in a timely

• investment policy and and efficient manner. objectives including any ethical investment policy adopted.

March 2012

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DocuSign Envelope ID: 3CE0978C-A603-4608-81E1-0958EFF84D43

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Mike Phillips Position (eg Secretary, Chair, Chairman etc) Date 03-09-21

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DocuSign Envelope ID: 3CE0978C-A603-4608-81E1-0958EFF84D43

	Charity Name Radnor Walk Congregational Church	Charity Name Radnor Walk Congregational Church	Charity Name Radnor Walk Congregational Church	No (if any) 1126827	No (if any) 1126827	No (if any) 1126827	CC16a
	For the period from	Period start date 06-Apr-20	To		Period end date 05-Apr-21
Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ - 70,251 - - - - - - 70,251 645,659 - 645,659 715,910 12,000 - 3,120 - 25,005 25,175 78 - - 65,378 578,386 - 578,386 643,764 72,146 - 58,320 130,466	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -		Total funds to the nearest £ - 70,251 - - - - - - 70,251 645,659 - 645,659 715,910 12,000 - 3,120 - 25,005 25,175 78 - - 65,378 578,386 - 578,386 643,764 72,146		Last year to the nearest £
	-						-
Dividends and investment income	70,251						84,063
Tax refund	-						-
Donations received	-						-
	-						-
	-						-
	-						-
	-						-
Sub total(Gross income for AR)	70,251						84,063
A2 Asset and investment sales, (see table).
SECURITIES	645,659						284,700
	-						-
Sub total	645,659						284,700
Total receipts A3 Payments
							368,763
Salaries	12,000						12,000
Sundryexpenses	-						35
Accountancyfees	3,120						2,970
Legal andprofessional fees	-						-
Management fees	25,005						32,229
Charitable donations	25,175						38,703
Bank charges	78						72
	-						-
	-						-
**Sub total **	65,378						86,009
A4 Asset and investment purchases, (see table)
SECURITIES	578,386						260,067
	-
**Sub total **	578,386						260,067
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
							346,076
	72,146	-	-		72,146		22,687
	-	-	-		-		-
	58,320	-	-		58,320		35,633
	130,466	-	-		130,466		58,320

CCXX R1 accounts (SS)

26/07/2021

1

DocuSign Envelope ID: 3CE0978C-A603-4608-81E1-0958EFF84D43

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details Total cash funds (agree balances with receipts and payments account(s)) Current account Investment account Details Details Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 22,169 - 108,297 - - - 130,466 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Mike Phillips	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		Mike Phillips	03-09-21

CCXX R2 accounts (SS)

26/07/2021

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Radnor Walk Congregational Chapel

On accounts for the year ended

5 April 2021

Charity 1126827 no (if any)

Set out on pages 1-2

(remember to include the page numbers of additional sheets)

Responsibilties and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 5 April 2021.

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Independent examiner's statement

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Date:

Name: RICHARD LANE FCA

1

Oct 2018

IER

Relevant Institute of Chartered Accountants England and Wales professional qualification(s) or body (if any):

Address: Number One, 1 Vicarage Lane Stratford, London E15 4HF

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

Oct 2018

IER

IER Oct 2018