2023-04-05-accounts

rustees. Annual Report for the period PeTiod start date Period end dale From onlh Day To Section A Reference and administration details Charity na Radnor Walk Congregational Church Other names charity is known b Registered charity number frfany 1126827 Charitys princlpal addr9s8 10 9 Hyde Park Crescent ondon Po3tcode 22PY Names of the charity trustees who manage tha charity Trustse namo l)ffice lif any) Dateg aGted if notforwhol• Narne ol p•rson lor bodyl •ntill•d oint tr￿ts? Ann Batey MFchael Phillips Glenys Eamshaw Manon Browning Gle¥ni Thomas Chairman 2410512022 24105r2022 10 12 13 14 15 16 17 18 19 20 Names of the trustses for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole ear TAR March 2012

Nam8s and addresses of advisers (Optional inforniatlon) of adviser Name Address e¢ountant B Group umber One, 1 Vi¢xrage Lane. Stratford. London, E15 4H Name of Chief exocutive or names of senior ¥taff members (Optional infommtion Section B Structure, overnance and mana ement Description of the charity's tru8ts TRUST DEED Type of governing document How the Charty ig constituted leg. tnjsl, ass lion, compans TRUST Trustee selectbjn methods IVY. ¢ippoiniea Dy. eiectea D Appointed by Trustees Additional govemance Sssuas (Optional infommtion) You may ch¢)ose to in¢lude addrtional information, where relevant, about.. policies and prO￿dureS adopted for the induction and training of trustees.. the charty's organisational structure and any wider networf( with which the charity rèlationship with any related parties- trustegs, consideration of major risks and the system and procedures to manage them. TAR Marth 2012

Section C Ob'ectives and activities The object of the Deed of Trust dated 30 January 1880 relating to Radnor Walk Congregational Chapel was to provide Protestanl Dissenter members with premises in Radnor Walk, Chelsea, London for the Public Worship of God and similar purposes. Summary of the obiec18 of the charityset out in its governing do¢ument ilst the original Church buikling in Chelsea has been sohy, the Church Continues to operate. Ils members v￿rshiP as part of a ￿nbined church with iwo other churches in a building on Eastca$t￿ Street, London W1. This is known as Egws Cymraeg Canol Llundain. The Trust supports the running of this Church alongside other organisatKsn that operate in support of the original remil relating to Welsh language Christian worship and educxtion. When undertaking our activtties for the year the Trustees have consiJ8red the Commission's guidan￿ Dn public benefit. Surnmary ofthe main a¢tivities undertaken for the public Ixnefit in relation to these objects (include within this 8e¢tion the statutory doclaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) The Trust has continued to support the operalional running of the Church in Eastcastle Street having entered into a shaiing agreement with two other Welsh Churches. There has been significant Wotk carried out to maintain the Ghurch buikling in the last year or so and these are continuing. In addition, the Tnjstees have supported other institutions and causes in London w*ich ielate to Welsh language educatton and worship. Additional detalls of ol¥ective$ and activities (Optional inlomiation) The Twstees do nol wsh 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 fvnd and programme is correctly managed and invested in a consistent manner that allows for maximum caprtal growth amidst a low risk environment. The charity employs the services of Brown Shipley, investrnent specialists in maintaining and managing their portfolio to ensure thal the risk of Trustees managing the fundslconflicts of intgrest are greatly reduced. You may choose to include further statements. Nthere relevant. about.. policy on granlmaking.. policy programme reLated investmenl. contributbjn mado by volunteers. TAR M8rch 2012

Section D Achievements and performance This h95 been a relativety quret year in tenns ofactivty lor the Tnjst The uncertainty around the cuirent economic posf(ion has meanl that Investments hav6 not gènerated as much income as they have done in the pasL As a result, the TnJsl has looked to limrt the spending. The main expenditure beyond the operational running ofthe Church has been on the church building fr>r EGCLL. Summary ofthe main achievements of the charity during the yoar Section E Financial review Brief ststement of thè charity's policy on reseNes To have sufficient reserves to invest in short term needs but also to retain a portfolio long-term. ￿en possible. Ihe chanty currently feinvests unused reseNes into its M7vestment portfolio. Details of any funds materially in deficit Further financial review detaits (Optional infonnation) You may choose lo include The charity's principle source of funds is the realtsation of gains in additional infomiation, where investments and continual montes generated from their investment relevant about.. portfolio. ￿lISt the charlty policy is to ￿ntinUallY reinvest all of its the charty's princip81 investment gains there 15 the need for general charitable expendrture. sources of funds (including any fundraising). how expendrture has supported the key objectives of the charity", investment policy and objectives including any ethical investment policy adopted. Expénditurè for large one off payments is approved by the Board of Trustees. In addrtion, there is ongoing supwrt forlhe operational running of the EGCLL. TAR March 2012

Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees. report above. Signed on behalf of tho charity'8 trustees Signaturels) Full name(s) Mike Philiips Position (eg Secretary. Chair, otc) ChaiM￿n Da TAR March 2012

CHARITY COMMISSIO FOR ENGLAND AND WAIE Radnorwalk Congregational Ch￿￿￿ 11268r/ Receipts and payments accounts For the pe￿0d CC16a 0610412022 0510412023 Section A Receipts and payments Unr¢strietsd fund5 R8sd¢tgd ftrnds EwKlowfflent fund5 Total fun(Is Last year totho A1 Rocelpts toth• near••tE b)th• n•4ret£ DNiden43 and inve$b￿ntIrmth8 5f.88¥ fj0,876 Sub totsl(Gross income for AR) A2 Ass8t atKI investment sa•4 Isee tamol. st,B59 $1,8S9 6Tr￿76 Invest￿rt poniollo- sale proceeds of equi￿•$ anil bond5 $24.758 $24.768 647.O1Q Sub total 624.768 $24,758 647,018 rotal r¢cthpts S76.618 676,618 A3Pa 707.894 Stjarias Aecountsnw feej Managementleas Chattta￿ donaiiDn5 Bantt charges Sundry èynse$ fl.ODO 3A5D 24673 17,000 3.5S0 27,453 e5.840 78 24.673 81.065 78 1110 78 100 Sub totsl 127,366 127,368 113.921 A4 Asset and investment pLfrrchasès. (see tsble) Inv8Stm*rt portfollo- purchase ofequities and bonds 430,167 59S.993 Sub total 67 430.167 59$,993 T?tslpayments SSB,233 558333 709,913 Nétofr¢c￿pt￿{P3Yrn0nts) A6 Transfers between fund5 A6 Cash funds last year end Cash funds this y•arend 18A8S 18,385 2.019 146,831 128.447 146,831 130,466 128.447 CCXX R1 attwnts ISSI 2110812023

Section B Statement of assets and liabilities at the end of the period Unrestrictèd funds R85tri¢tod fvnds to n•arost£ B1 C￿h fun(ts fvnds Cu￿ent￿c￿unl In￿￿nent￿nI 2&164 12Jh61 Total Cash funds 146.831 laThboknnwJllthrecOVS4f40paymth sll Unr#5trJctad funds to n￿￿￿tt Restricted fund$ EThJowment fun(ts Details Details Investrnent pO￿￿-eQ￿he$sThd b FuNd towhf¢h Co•tlopuonll Cvrr•ntv4& 2,266,995 Fundttbwhlch a$8et bo B4 knets retain8d for tho harity'B own Details Co¥tloptionJll urreTrt on41 B5 Lrabilltles DÈtails FuTrdtrtwhl¢h I￿￿ntdue &gned by4)ne Or￿ truskn on beh&fofallth8 trust888 Sionature Print Name Date of proval Mffte Phith. CCXX R2 ac1x￿ ISSI 27108r2023

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Radnor Walk Congregational Chapel On accounts for the year 5 April 2023 Charity no 1126827 ended (if any) Set out on pages 1-2 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 5 April 2023.

• Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

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:

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

• the accounts do not accord with the accounting records

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

Signed: Date: Name: RICHARD LANE FCA Relevant professional Institute of Chartered Accountants England and Wales qualification(s) or body (if any): Address: Number One, 1 Vicarage Lane Stratford, London E15 4HF

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight 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 .

October 2018

2

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