FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
REGISTERED CHARITY NO: 249017
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Haysmacintyre LLP
10 Queen Street Place
London
EC4R 1AG

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
CONTENTS
Pa
TTuslees' Annual Report
IndependenlAuditofs Rewrt
8-10
Slalernent of Finanaal Actmties
11
Balance Sheet
12
Notes to the Financial Stslements
11-19

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
TRUSTEES, REPORT
Legal •nd Admlnlstratlve Infomiatlon
Ch•rlty Name
French Huguenot Church of London Cttarita￿e Trust
Ch•rlty Nwnbgr
249017
T￿￿t0•S
ethea Ato
Laurence Colchester
Floience de Maleprade
Peter Duval
Gtynda Easterbfook
8enedi¢te Fougier
Martin Harcourt-wlliams
Ghislain Leugue
Alice Ma￿'nea￿
Chartes Martineau
Harry Martineau
Natasha Martineau
Anthony Wllson
Governlng S¢heme$
Scheme approve(I by Order of the Court dated 26 July 1926
Charity Commmi5sion Scheme dated 12 April 1976
Charity Commmission Scheme dated 30 August 1984
Charity Commmi$$ion Scheme dated 4 October 1988
Ch8rily Commmission Scheme dated 17 July 1998
Charity Commmission Stheme dated 15 October 2000
Main T•rnis
Church Fund - see Clause 51111 of Ihe 1998 S¢heff
EdLtcalional Fund- see Clauses 51{2} and 52 of the 1998 Scheme
Hardship Fund - see Clauses 51131 and 5>55 of the 1998 Scheme as amended by Clause 2 of the 2000
Scheme
Clark to tho Trust•O8
sa Bryson lappoinled 8 July 2021)
Audltor
Haysmacintyre LLP. 10 Queen Street Place. London. EC4R 1AG
Sollcltor¥
Bales Well$ & Braithwarte London LLP. 10 Queen Street Place. Lond¢￿, EC4R 1 BE
Invo8tmont mana￿r5
Baring$ Asset Management, 20 Old Bailey. LoNlon, EC4M 7BF
Surveyors
Spring 4 Limited, 60 Cheapside, London. EC2V 6AX

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
TRUSTEES, REPORT
Report of tho trustges lor the year andod 31 Do¢•mb•r 2020
The trustees present their annual report and accounts for the year ended 31 December 2020.
The accounts have been prepared in aCc￿danCe the accounb'ng principk$ set out in note 110 the accounts
and comply Y*ith the Chari(ies Act 2011, the Chafity. goveming 5Ghemes. and ihe Accounting and Reporting by
Charities." Statement ol Recommended Practs"ce appliCa￿e to charitie$ prepanng their Financial Statements in
accordance wth thè Finan¢ial Reporb"ng Standard appli¢able in the UK and Republsc of Irela￿￿ IFRS 102 _
Seeond Edits"on effective 1 January 20191.
Objoctives and actlvStl•s for public benefit
The trustees are charge<l vAlh holding the assets of the Ch•rty in three separate Funds, namely Church.
Educatyonal and Hardship,. and using the income from each Fund as speofied in Clause 51 to 55 of the Charity
Comnwsson Scheme dated 17 July 1998 as modified by the Scheme of 15 March 2000. Under the provisions of
the governing scheme the income ol the Chur¢h Fund 15 paid to the Consi$lory of The French Protestant Church
ol London I'the Chur¢h"I for ils purposes. The income of the Educab"onal Fund is ap￿ted for piomolion of
education ol persons aged under 25. The Incorr￿ of the Har(Iship Fund {fomerfy the Poor Fund) is applied lo
reduce need, hardship and stress lof certain categories of people.
The trustees confirm that Ihey have referred to the guidance ¢ontsined in the Chanty Commi$$v)n's general
guidance on put4ic benefrt when reviewAng the Trusfs aims and obiecbves in planning future &tivities and
setting the grant making policy for the year.
structure, govgrnan¢• and management
The Charity is adMiniste￿d by 8 body of beh4ten 9-13 trustees meet at ￿3st 4 times per year. The Clerk
lo the trustees is app￿nted by the trustees to manage the day-to-day operakn.ons of the Charity.
New trustees are apFO"nled for lrfe by Resolution of the Iruslees passed at a special meeting of whKh not les5
than 21 days nob'ce has been given {Clause 31 of the Scheme of 17 J￿Y 19981. The Consistory of the Church
nominates 3 trustees serve for 3 years.
Mhen Teeniting new tnJstÈes. the exisb'ng trustees look for 11￿r¥idUals skills and experienc• vthich are of
value to the Charity. Any potential trustees are interviewed by the existing trustees and provided wth a pack ol
inlormalion induding acc￿nts and a copy of the trust deed. This ena￿eS them to betier urKler51and the
purpose and operation of ihe charity before a de¢isJon is made over their appoinlmenl.
The trustees are exFerienced individual$ appropriate urKleTStanding of the wuirements of a trustee of a
charity. Where appropriate, the chanly supports the training of trustees. induding attendance at seminars.

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
TRUSTEES, REPORT
Rlsk Management
The trustees are aware of their resp)n%bilities under the Stslemenl of Recommended Practice on Accounting
and Reporting by Charitie5 and have undertaken a detsile<l anatysis of the risks involved in the Charity's
activities.
In response to this analysis, tt)e trustees have maintsined a contiNJency fund. contributed to by ea¢h of the
Church, Education and Hardship funds. This has been established to cover larger rtems of un-budgeled
expenditure where these would otherwise prevent or significantly reduce the ability of the trust to meet its
objectives as set out above.
The Iruslees have id8nl.fied the following risks..
- Investment5 wll drop in walue.
- Donations made will not be spent how the trustee'5 ￿fjuld like.
Action tsken lo mitigate the risk..
- Trustee'5 have appointed a professional firm to manage the investsnents.
- Trustee's a￿1vety rewew the donat￿nS and ask for updates and re￿rts.
The ae¢ounts a￿ approved during a period wthere there 1$ much uncertainty as a resutt of the emergence and
international spread of a coronavirus ICOVIO-191. The Charrty has been able lo implement contingency planning
arrangements for such arcum5tance5 and been able lo implement remote working. The ultimate impa¢t of
COVID-19 on the UK, the world. the economy. the educatson community and the Charity is yel to be seen.
Hi)wever, through appropriate constderation of risks as part of its normal risk management processes and
mitigating actions both alrea¢fy taken and available lo be taken. U)e Trustees consKler it appropriate lor the going
concern basis to be adople(I for these account$
Key Management Pgrsonnel
The trustees consider the board of tn￿teeS and the senior rnana9èment team comprise the key managemtsnl
personnel of the charity in charge ol directin9 and controlling, running and opefats.ng the Charity on a day to day
basis. All trustee5 give their time freely and no director received remuneiabon in the year. Details of directors,
expense$ and related party transaciions are disclosed in note 9 to the aceounts.

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
TRUSTEES, REPORT
Grant makin9 poll¢y and review of acli¥ltlg9
Grants are made on an annual basis and the ch￿ has no long temi commitment$. During the course of the
year. the income of the fvnd$ was distributed as follows..
Church Fun(k
Nel income of £113.000 {2019.' £140.000} was paid to the Consisttyy of the Church.
This grant is the ¢hur¢h'5 largest swrce of income. In 2020. the focus of the church was mainly to successfully
complete the Church's ￿n0Vab.0n proiert and lo adapt the church lo tre challenge posed by Covid through an
enhancfjd ortine presence as wdl as lo lay the foundab.on of a sucossful rentsl ath"vily.
The conslfuctiorb v￿rkS and ￿￿delling of the spaces started in June 2019 V*Ere completed during the
rs1 lockdovm in April 2020. The projed has been a￿e to delNer three modem lully ac¢e55ible multi4)urpo$¥
room$, ideal for meetings. le¢ture5, training semina￿. school w0￿shOps. rehearsals and reception￿dinnerS.
They are fitted wTrth free Wl-Fi. adjustable lightirwj and prcyector. Sale of the art accesgible toilets. shower and
kitchen are part ofthe new renovated space.
Folowng the comFdetion of the project. a part b.me office and venue manager was recruited in June 2020. She
has overseen the development of a marketing and finanual strategy to ffill the space up and build a knovAedge
rnanagement stralegy. Despite very challengiry condiD"ons she managed to start renting our rooms and
orgaThsed a series of con¢ert in December.
As for the ￿brary and A[c￿"¥e3, a new traiThng session led by the eonservator Caroline Bendix of two days took
place in March 2020 just before the stsrt of the lockdo￿1. 11 especially focused on the makn.ng of book shoes and
boxes for support and preservation. During the first N¥0 rrKJnths of the year. the leam has continued working on
a long and painstaking process lo identify the books that wll need a more thorough studio restoration. and to
stsbilise the others. The conservat￿￿ session5 had to be inleffupled behveen March and September due to the
panderni¢ They were a￿e to resume mid-september. Consequently, access lo the library has been limited.
The m4.oi challenge tlis yèar was to adapt the thurch to the Covid cfrsis. Semces were only celebrated at the
Church during the fir51 few months of 2020 (last service hdd on March 15th, ahead ol the natsonal lockdown
announcement) as 3$ in September-O¢lolw before the start of the second l¢xkdovm. Due to the health
situation, the churth had to otheA•Ase remain dosed. and seNice5 were celebrated online Our bilingual websrte
Ihttp.'IIvw.egliseprotestanlelond¥es.￿g.ukjenI. ￿1¢h presents the church ath"vthes, its history and heritage as
wdl as the renovation project, became in 2020 our main communication channel. Due lo the Pandem￿ and
renovation works. no event-except for the cuwe de rentré& could take ￿aCe al the church this year but several
events were organised online to keep the community logelher. Noiably an online yame night was organised by
Angèle Monod in November and on Friday 4th December a ￿ne and cheese lesting evening was organised
online by ThibaLIt Lavergne. V*ine and cheese bèing del￿e￿d ahead of the event to those registered lo altend.

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
TRUSTEES. REPORT
Educational Fund..
The Education Fund sub-committee continue to distribute income in the fomi of bursaries. special allowances,
general emergency and project grants to individuals. schools and charrtable organisations concerned wth
educating young people. At the year-end trustees receive indiwdual schwl reports from those who have
received bursaries and reports from the charib'e$ $upp)rte<l. The ￿PortS show who the funding has helped and
how the reapienls have benefited.
A total cf £154,794 12019.. £166.8001 was pa￿ in bursaries, grnnts and ¢harrtable payments. 53 pupi15 12019..
511 at various colleges, boys and girfs day schools and choir $chool$ receNed speoal allowances, bursaries and
ernergency grants.
No young people were assisted thith grants for overseas projects {2019.' None). No granl12019". £2,500) was
given to BSES Expeditions and no grant12019.' £2.500) lo Proje¢t Trust.
Grants lot*ling £38.50012019' £61,000) vore made to 1212019.. 151 organisations prowding assistsnce mainly
to disabled and under-privile9ed yourvj people and in¢lL*Jed the fomowing pay￿￿nts of £1,000 or more..
East Meets Wesl
Eglise Protestante unie de France
French Protestant Church of London
Jonas Foundation
Khethani
Lord Snowdon's Award Scherr
Redthread
Reedham Children's Trust
SHINE
St Woolos Cathedr
TLG
£2.000
£10.000
£7,0110
£2.000
£1.0
£5,000
£2,000
£2,000
£2.000
£1,500
£2,000
£2,000
size
Since March 2020, a number of private school students. families have been financially affected by
COVID-19. Trustees responded by offering an emergenry grant to those affe¢ied. Emergency grants for the
year totalled £17.98012019'. £01
Hardship Fund..
The Hardship Fund sU￿)M￿rt1ee continue to WO￿ V*ith selected tharities in London helping those in need who
are old or homeless and Children in need of support. as well as refugees and French Prolestsnls in need
elsewhere. Trustees discuss speafic projects wth the charitr'es who send a report of their work al the year end.
The projects vary from training and supporb'ng volunteers to contributing towards the costs of staff or the running
CO8t$ of a kyoject. The trustees remain in contact wth the chanb"es. bul do not support the same ¢haritie$ each
year.
This year has been very challenging for all the charilies ¥￿ have hew due to COVD-19. but the trustees have
been very impressed by the quick ￿sponSe and llexibility of the charib.es in maintsining their support for those
vtho they ￿re for. while wmplying wth the changing reStr1d￿n$ in pla￿.
In 2020 the trustees supported for Old Age, Age UK Westminsler. Toynbee Hall, Time & Talent and Living
World. for Homeless. C4WS. Cari$ Camden. Caiitas. Cardinal Hume. the Soup Kitchen, the Trussel Trust and
West London Day Centre, for Refvgees. Islington Refugees, Praxis and the Refugee Council, for the ChuTCh.
the Basement refurbishment and Dispensaire Francaise and for the Young, Magic Me and Solusbury World.
Funding was much lower due lo the lockdovm and gfants lotslled £102.00012019 £140.ODO).

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
TRUSTEES. REPORT
Invulment policy and perfomian
The Statement of Investment Policy, origin￿ty apF￿Ved by Ihe trustees in 1996, is revithved from b.me to ts'me
and was last modified during the year lo 31 December 2009. The policy Is designed to generate annual Income
sufficient to support the athievement of the Charity's obj.ects vthilst ensurin9 sufficient long lem) capiial gTowth
to enable the effecli¥e continuation of the Charity's work in the future.
The lotsl value of the Stock Exchange Portfclio at 310et£mber 2020 was £11,644.35512019". £11,985,067).
For the year ended 31 December 2020 the Stod( Exchange PortfolK*. induding uninvested cash. produced a
total increase of 0.54%. This compared to a benchmark gainlloss in the FfsE All Share Fund of-9.82%. An
income r8tum of 3.26% was achieved for the year.
Reser¥o5 review includlng policy
The Iruslees are aware that there may be Iwrbe5 when the level of inco￿￿ eamed on each fvnd is insLrfficienl to
meet their planned objectives. This may be Caused by a lower than expected income yield or an application for
grant that is parb'cularty worthwhile but ex¢eeds the budget alocation. To add￿sS this, In aCCordar￿e with the
amended ￿heme dated 15 October 2000. the trustees may retain income in a particular year that wll then be
spent in the subsequent year. This ￿Su1￿ in a reserve being esta￿1shed. amounting lo approximately
£30.000 per fund. At the year-end. the three lunds each had in reserve amounts in excess of thi8 level,
however plans for 2021 V•ill ensure that they a￿ used in accordarKe ￿ryth this policy.
At the balarKe sheet dale, the Trust had Restn"cled furKls of £111.124 12019.. £132.3801 and a Permanent
Endowment fund of £11.865.772 {2019'. £12,206,484).
Confllct of inter8St
The Iruslees have a system in pla¢e to identsfy any confiicts of interest Ihat may occur. When a conflict of
interest arises. the relevant trustee or truslees agree to wthdraw from any discussion and decision.
Going Concom
The Board of Trustees is of the opinion that the chty ha$ adequate re$￿T￿5 lo conbnue in operational
existence for the foreSeea￿e futu￿ and Ihere are rKJ Mat￿al un¢ertw'nkn"es warding the Trusfs ability to do so.
Fundralslng
The Trust does not undertake any public fwdraisrKJ acbwty and is not therefore registered Ihe
Fundraising Regulalof.
Plans for the fthure
The Trust 15 expecled to conb.nue lo be managed as set out above in Ihe application of its Tesources to meet
its charitable oLI"ect5.

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
TRUSTEES, REPORT
Statemorit ol Trusteg$' Rospon$ibilitO6
The trustees a￿ responsible for prepanng the Trustees. Re[￿ and the financial ststements in accordance wth
applicable law and United Kingdom Accounting Stsndards. The law applicable lo charities in England and
Wdles requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the stale of affairs of the charity and of the incoming resource5 and application of resources of the
charity forthat pertod.
In preparing the ffinanrAal Statements. truytee$ are required to".
1. select su((able a¢counb'ng Fdicies and apply them consistentty;
2. observe the methods and princAples of the Charities SORP,.
make judgements and estsmates that a￿ reasonable and prudentr.
4. slate vthethei applicable ?￿ounting Standards have been followed. subjed to any departures disclosed and
explained in the financial statements., and
5. prepare the f nanthal statements on the going eoncem ba&s unless rt is inappropriate to assume that the
charity wll be able lo cC￿tinUe lo meet its 0￿.eCtIVeS.
The trustees are responsible for kee￿n9 accounting records Nthi¢h di5c105e Wth reasonable accuracy the
financial posith.on of the charity at any tsme. and to enable the trustees lo ensure that the financial slalemenls
comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of
the trust deed. They are also respOn￿t￿e for safeguarding the charrty's assets. and hence for takn'ng reasonable
steps for the prevention and detection of error. fraud and other irregUlar￿e5.
The Iruslees also confirm that they have made all necessary enquiries and taken such Steps that they ought to,
lo ensure that they be￿rne aware of any relevant audrt infomab.on and that they confim that the Charttable
Trust's audrfors have been made avrnre of such infomwtion.
Signaturo and D•claration
By Order of the Trustees
Signature..
Signature..
Date..

INDEPENDENT AUDITORS. REPORT
TO THE TRUSTEES OF FRENCH HUGUENOT CHURCH OF LONDON
CHARITABLE TRUST
Oplnlon
We have audited the financi81 slalemenls of French Huguenot Church of London Chaftlable Trust for
the year ended 31 December 2020 wlN"ch compnse the Statement of Finanoal Acttvilies, Balance
Sheet, and notes to the financial slalements. including a summary of significant accounting policie5.
The financial reporting framework that has been applied in their preparalK)n is applicab￿ law and
United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial
Reporting Standard applKable in the UK andRepublK of Ir8landlUnited Kingth)m GènerJlyAccepled
Accounts'ng Practieel.
In our opinion, the financial statements-.
give a true and fair view of the state of the chanty's affairs as at 31 December 2020 and of the
eharily's net movement in funds lor the year then ended..
have been property prepared in accordance with United Kingdom Generalty A¢¢epted Accountin9
Prath"¢e". and
have been prepared in accordance wiéh the requirements of the charit￿ Act 2011.
Basis for oplnlon
We have been appcinled as audttor under section 144 of the Charities Act 2011 and report in
accordan￿ wrth the Act and rdevanl reguktion5 made or having effect theTeunder. We conducted
our audit in accordanee with International Standards on Auditing IUKI IISAS IUKII and applicable law.
Our iesponsibilrties under those standards are further described in the Audilof's responsibilities for
the audit of the financial slalemenls seclion of our report. We are Independent of Ihe charity in
accordance wth the ethical ￿qUIreMentS that are relevant lo our audit of the financial slalernents in
the UK including the FRC'S Ethical Standard. and we have fulfilled our other 8lhical responsibilities
in accordan￿ with these ￿9￿rements. We believe that the audrt evidence we have obtained 1$
sufficient and appropriate to pToMde a basis for our opinion.
Con¢luslons relallng to goSng concern
In auditing the finanual stalemenls. we have concluded Ihat the Truslees. use of the going concem
bass of accounting In the preparation of the financ￿1 statements is appropriate.
Based on the work we have perfomed, we have not identffth any m8lerial Ur￿ertaintles relating lo
events or cond￿OnS Ihal. inth"vidually or ccAleth"vely. may casl signffj￿anI doubl on the charity's ability
to continue as a g(ing COr￿ern for a period of al ￿ast twelve months from when the financial
statements are aLrthorised for issue
Our re5ponsit¥'lities and the re3ponsitrilities of the trusleeswrth respect to going toncern are descnbed
in the relevant sections of this report.
Other Infomiation
The Iruslees are responsble for the other information. The olhef infom)alon coTnpri5es the
infomalion included in the Trustees, Annual Report. Our ¢Jpinion on the financtal stalemenls does not
cover the othor infomiab.on and. except lo the extent olhemise explicitty staled in our report. we do
not expres$ any form of assur￿ or conclusron thereon.
In COTr￿10n wrth our audrt of the finawal sLitemerts, ¢)ur responsibilrty is to Tead the othef
information and, in doing so. con&der whether the other infomialion 15 materially in¢onsistenl with the
finanoal sialemenls or our knowledge obtaned In the audit or otherwise appears lo be maierially
misslaled. If we identfy such malena Incon￿Stenc1eS or apparent material misstal8menls, we are
required to determine whether there is a malorial misslalement in the financia ststemenls or a
materi81 misstatement ol the other information. If. base(l on the work we have perfomied. we conclude

INDEPENDENT AUDrroRS' REPORT
TO THE TRUSTEES OF FRENCH HUGUENOT CHURCH OF LONDON
CHARITABLE TRUST
that there is a material misstalemenl of this oth8r information, we are required lo report that fact. We
have nothing lo report In this regard.
Matters on vA)ich we are requlred to veport by excepth)n
We have nothing lo report in respect of the following matters in relatKJn lo which the Charities
(Accounts and Reports) Regulations 2008 requir8 us lo r8POrt lo you if. in our opinion..
adequate aceounting records have not b￿￿ kept by the charity.. or
sufficignt a￿untIng records have not been kept,. or
the ehanty financial statements are not in agreement with the xcounling rocords and returns.,
or
we have not receNed dl the infomiation and explanat￿nS we requi￿ for our audit.
Rasponslbllitles of thè trusteos for th8 financlal statements
As explained more fully in the trustees. responsibilities State￿nI set out on page 6, the Iruslees are
responsible for the p￿paratIOn of the financol stslements and for being sèlisfied that they give a true
and fair view, and for such inlemal control as the trustees delemine is necessary lo enable the
preparation of financial statements that are free from material misstatement, whether due to fraud or
error.
In preparing the financial statements, the Iruslees are responsible for assessing the charty's abilty to
ontinue as a going concefn. disclosing, as appIl￿ble, matters related to going Concern and using
the going concern ba$is of a¢counling unless the trustees erther intend to liquidate the charity or lo
cease operations. or have no ￿811$11¢ attematNe but to do so.
Audltor's r6spons1bll￿l•9 for the audlt of the financlal statements
Ouf objectives are to obtain reasonable assurance about whether the financial $ts18ments as a whole
are free from material misstalemenl. whether due to fraud or erior, and lo issue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee
that an audit eonducled in accord8ncewith ISAS {UKI will always delect 3 material misslalementwhen
il exists. Misstatements can arise from fraud or error and are considered material rf. individualty or in
the aggregate, they could reasonably be expected to infiuerKe the economic decisions of users taken
on the basis of these financial ststemenls.
Irregularities. including fraLKI, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above. to detect material misslalements in respect
of irregularities, including fraud. The extent to whKh our procedures are capable of detecting
irregularities. includin9 fraud is detailed below.
Ba$ed on our understanding ofcharity and the environment in which il operates. we idenirfied that th9
principal risks of non-compliancewilh laws and regulations relaled to compliance wi(h charity law, and
we cOnSKJe￿d the extent lo which non<ompliance might have a material effect on the financial
slatemenls. We also Conside￿d those laws and ￿gUlatiOnS that have a direct impact on the
preparation of the financial slalements such the Charities Act 2011.
We evaluated Manag￿en￿$ incentives and opportunities for fraudulent manipulation of the financial
statements lincluding the risk of ovefflde of conlrolsl. and delennined that the principal risks were
related to recognition ol income and management bias in certain a¢￿intIng estimalos. Audit
procedures perfomied by the engagem8nl team included..
Inspecting minutes of Iruslees meelirKJs-
Inspecling correspondence with regulators and tax authoritigs.,

INDEPENDENT AUDITORS. REPORT
TO THE TRUSTEES OF FRENCH HUGUENOT CHURCH OF LONDON
CHARITABLE TRUST
Discussions wrth management including ConS￿erat￿)n of known or suspected inslances of non-
eomplrance wrth laws and regUlat￿n and fraud,"
Evalualing management's controls designed to prevent and detecl Ir￿g￿lanties".
Identifying and testing journals. In particular joumal entries posted wth unusual account
combinations, Postings by unusual users or with unusual descriptions., and
Challenging assumpbons and judgements made by management in their critical ￿OUnt1r
estimates.
A further description of our responsibilities fo¥ the audit of the ffinanci81 $lalemenls is located on the
Financial Reporting Council's website al".
This description
fomis part of tyjr audrtor's rep)
Use of our report
This report is made solely lo the ¢hanty's trustees. a5 a body. in accordance wth section 144 of the
Charities A¢1 2011 and regulations mad& under seth.on 154 of that Act. Our audit work has been
undertaken so that we might slate lo the chaTily'$ trustees those matters we are required lo slate lo
them in an Auditorfs report and for no other purpose To the fullest extent pemitted by law. we do not
accept or assume responsibility lo anyone other than the charty's trlsslees as a body lor our audrt
woth. for this report, or for the opinpms we have formed.
l-wts LL
Haysmacinlyre LLP
Slalulory Auditors
10 Queen Street Place
London
EC4R 1AG
Dale.. 18 October 2021
Hay$macintyre LLP is eligiileto act as an auditor in tenns ofsKtion 1212 of the Companies Act 200S.
10-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2020
2020 Restrlctsd Funds
Church
Educational Hardshlp Endowment
Fund
Fund
Fund
Fund
2020
Total
Funds
2019
Tothl
Funds
INCOME FROM:
Income from Invostrnents
125.195
139,677
118,224
383,096
458,453
Totsl Income
125.195
139,677
118,224
383,096
4SB,453
EXPENDITURE ON..
Charttable actlvlti•s,'
In connection wlh..
Support ofthe Church
Education
Relief of Hardship
1124,2931
1124,293)
1167,3941
1112,665)
1151,2941
1179,4011
1150,6671
1167,3941
1112.66SI
Totsl Expandltur•
1124.2931 1167,3941 1112,6651
1404,352)
1481,3621
Nel income I lexpendilurel before
gains and105ses on investments
902
{27,7171
S.559
121,256)
122.9091
{LassM)IGalM on Inv•stm•nts
1340,7121 1340,712)
1,022,139
NET MOVEMENT IN FUNDS
902
127,717
5,559
1340.7121 I￿1,988}
999.230
RECONCILIATION OF FUNDS
Total funds brought forward
30.477
67.626
34.277 12,206,484 12,338,864
11,339,635
Total fund$ carried forward
31,379
39,909
39.836 11,865,772 11.976,896
12,338.865
All transaclions during the year are derived frc¥n continuing actiwlies.
All recognised gains and losses are Induded in the statement of financial
activitie5. The notes ￿ pages 13 10 21 form part of these financial Stslen￿nts.

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2020
14oto
2020
2019
FIXED ASSETS
Investment Property
Investments
220,000
11,644,355
220 000
11 985.067
11.864.355
12.205,￿7
URRENT ASSETS
Debtors
Cash at bar
18.282
146 588
149.034
149 034
164 870
CURRENT LIABILITIES
Cred'tors amounts fal ng due wth n one
year
(36.493)
131.0731
NET CURRENT ASSETS
112.541
133 797
NET ASSETS LESS CURRENT
LIABILITIES
11,976 896
12,338,864
REPRESENTED 8Y
Permanent Endowment Fund5
11,86S.772
12,206 484
Restricted Funds
Church
Educat clnal
Hardship
11
11
11
31.379
39.909
39.836
30.477
67.626
34.277
111 124
132.380
TOTAL FUNDS
11,976 896
12,338,864
Approved by the Trustees and signed on th*r behalf on
If. JL¢ J ZL) L(
..k.L I ￿￿#11,, l...
eioi
Trustee
Truslee

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
1 Principal Accounting Polictes
The accounts have keen prepared in ac￿rdanCe applicab￿ accounting 5tsndards, the
parti￿lar accounting poli¢ies have been adopted a￿ descrthd below.-
lal
Basis of a¢¢ounting
Thè financial slalemenls have been prepared in accordance with Accounting and Reporting by
Charits"es Stslemenl of Recommende(I Practice applicable to charities leffeclive 1 January
20191 preparing their accounts in accordance wth the Financial Repo￿ng Standard appli¢able
in the UK and Republic of Ireland IFRS 1021- (Charities SORP{FRS1021 (Second Edition)).
The French Huguenot Church of London Charitable Trust rneets Ihe definilion of a public entity
under FRS 102. Assets and liabilth.es are initially recognised at hislorical cost or transaction
value unless othewse ststed in the ￿levant accg)unting policy notes.
The registered address is.. 10 Queen Street Place. London. EC4R 1AG.
Ibl
Golng Concern
The Trustees have assessed the Charty's requirements for the fofeseeable fvture, including
any likely donations request$. in light of the COMD-19 pandemic. It 1$ unclear what the medium-
term outlook for group gatherings and meetings is likety lo be, however the Trustees have taken
a conservative approa¢h to budgeb.ng and wll conb.nue lo assess the 511uation as it develops.
The Trustees are however confident that the Charity's reseNe$ are suffi¢ienl lo enable
operations linduding grants committed) lo continue at a sustainable level for a period of at least
12 months from the dale of approval of these financial ststemenls The Char"ty therefo
continues to adopt the going ￿nceM basis in preparTrng its financial statements. As the￿ are no
malenal uncertainties about the Charrty's abilty to contsnue operating. the accounts have been
prepared on a going ￿nCeM basis.
Icl
Funds
Endowment
The endowmenl funds repre$ent those assets. prinupalty inveslment properties and
investTnent5, held permanently by the charity. Any gain5 or losses arising on the investments
foim pèrt of the fvn(l. The income generated by the investments is distributed as sel ¢ul below.
Restitled Income Funds
Chur
The income from this fund is paid to the Consistory of the Church lo be applied for the purposes
of the Church.
Educat￿nal
The fvnd is mainly for distributing bur5arie5, special allowances and general emergency and
project grants to individuals. sthools and various tharrtable organisations eoncemed with
assisting young people. Money is also paid to the Consistory of the Church lo help fund their
youth work and lo provide bursarie5 for children of members of the Church.
Hardship
The income is di$tribuled in the provisim of rel*f to Fersons who are in need, hardship or
distress.
Idl
Propertlos
Freeho1cJ reversion is sho%￿ at cost.
13-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
(e)
Investrn•nts
Li51ed investments are induded at dosing mid-market value at the balance sheet dale. Any
gains or1055es on reV￿uatiOn are taken to the Statement of Finanaal Activib"es.
Unlisted investments are ￿dUde￿ al cost. the trustees b￿ng sa¢i$fied that this opre5ents a fair
value for the investment
ifj
Cash and cash twwval•nt*
Cash and cash equivalents indudes cash arbd short temi highly Itquid investments th short
term maturity of three months or less frcm the date of a¢quisth"on OT opening of the deposit or
similar account.
(gi
Grnnts
Grants payat4e are payments made in furtheran￿ of the charrtable objectives of Ihe Church,
Single or multi-year grants are accounted for vhen eilher the reapient has a ￿asonable
expedation that they VAII receive a grant and the trustees have agreed to pay the grant without
condrtion. or the reCi￿.ent ha$ a reasonable expectatson that they wll receive a grant and any
conditi'on attaching to the grant is Outs￿ the conlrol ofthe Trust.
Prowsions for grants are made vthen Ihe intenb.on to make a grant has been communicated lo
the recipient but ther* is uncertainty aboLbt ￿ther the b.ming of the grant or the amount ol grant
payat4e.
Ihl
Forelgn cwrnncy
Transactions in foreign currency are recognised at Ihe rate of exthange at the date of the
transaction Assets held in fo￿l9n currency are translated into sterfing at the exchange rate at
the balance sheet dale. All exchange rate differences are recognised through the stalemenl of
finanoal actsvib"es.
Income and experMlTrtur•
Income and expenditure of the Trust is alk>cated to each fund in proporb'on to each fund's share
of the total perrnanenf endowment. excÈpl for dLrect costs which are all¢xaled lo the fund lo
whith they rdate. Inco￿ and expenditure is accounted for on an accruals basis.
Churth Fund
Educational FurKI
Hardship Fund
32 68%
36.460
30.66%
(J'l
Crodltors and pvovlslons
Credrtors and prowsions are recognised vthere the chanty has a present obligation Tesulling
from a past event that WH Probably result in the transfer of fvnds to a third paty and the amount
due t¢ settle the obligation can be measured or e5timaled rella￿y. Creditors and provisions are
nomialty recogniserj al their setuement ￿OUnt after allmng for any trade discounts (tue.
{k}
E$timat•s and judgoments
Esknmales arKI judgements are continually evaluated and are based on historical experience and
other factors, induding expectations of ftrture events that are ￿lieved to be reasonable under
the urcumstances. Athough these esb"mates are based on the Iruslee's best knowbedge of the
amount, everts or a¢b"ons, actual results ultimatety dffter frorn these estimates. The trustees do
not consider there to be any material esb"mates and IL￿geMents.
Financial instrum•nts
The charity only has finanoal assets and finanual liabilities of a kind that qualify a$ basic
financial inslrumenls.
Bas￿ finan¢ial instruments, including trade and other debtor5 and
creditors are inib.ally recognised at transaction value and subsequenty meaSU￿d at their
setyemenl value.
14-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
2 Investsnerrt Income
2020 Rostrlct•d Funds
Church Educatoonal Hardshlp
2020
Total
Income from listed investrnents
Bank and other interest
125.184
11
139,664
13
118.213 383,061
11
35
125,195
139,677
118.224 363,096
2019 Restricted Funds
Church Educatlonal Hard8hlp
2019
Total
Income from listed investrnents
Bank and other interest
149.801
21
167,129
24
141.458 458.388
20
65
149.822
167.153
141,478 458.453
3 Grants
2020 R￿trIcted Funds
Chur¢h EduutloMI H•rd8hlp
2020
Total
Bursaries, grants and charitable payments
Income paid to Church
154.794
102.000 256.794
113,000
113,000
113,000
154.794
102,000
369,794
2019 Restrlcted Funds
Church Educational Hard$hip
2019
Totsl
Bursaries. grants and tharttable payments
In¢ome paid lo Ghurch
166,800
140.000 306,800
140.000
140.000
140,000
166.800
140.000 446.800
Detsils of grants made are shovm below.
2020
2019
Consi510ry of The French Protestant Church of London
Governan¢e cLJst$ (note 41
113,000
11.293
140,000
11,294
124.293
151,294
15-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
2020
2019
Education Fund..
Grants to indiv?dua15
Ancestry grants
Bursaries
Conyslorial grants
Project grants
Hugvenot Researth S¢hdar5hip
Grants to insbtulions
Coram Beanstslk
East Meets Wesl
Eglise Protestanle unie de France
French Protestant Churth of Lor￿On
Granville Plus Nursery
Jonas Foundation
Khethani
Magic breakfast
Music in Hosprtals
Redlhread
Reedham Children's Tn￿t
SHINE
Snowdon Awards
St Wodos Cathedral
TLG
3size
Govemance costs (note 4)
800
,930
14,500
73.100
18,500
5.000
2.500
4.064
3.000
4,000
10,000
16,700
5,000
2,000
2,500
2,000
2,500
2,000
2,1)00
10,000
7,000
2,000
1,0110
2.OlXI
2.0(M)
2.orM)
s.0￿)
1,500
2,OC
2.000
12.6CA)
2.000
10,000
1,500
2,000
2.500
12,601
167.394
179,401
2020
2019
Grants lo Inststub"on$
Age UK
Age UK Westminster
C4WS
CARA
Cardina Hume Centre
Caris Camden House
Caritas
Dispensalre Fran¢ais
French Prolestsnt Church of London
Islington Centre for Refugees aThJ MBJrants Kent
Refugee Help
Living Words
Magi¢ Me
Music in Hospitals
Nolre Dame Refugee Centre
Pra￿$ Community ProJe¢ts
Refugee Council
Solusbury Wortd
Soup Kitchen al the Ameri¢an Churth in London
southampt￿ and Winchester Visitors Group
SpWfidd$ Music
7,000
7,000
7,500
5,000
5,000
5,000
5,000
5,000
5,000
10,000
7.500
5.000
15.000
5.000
7,000
2,500
5,000
2,000
5,000
7.000
5,000
7.000
5,000
5.000
5,000
2,500
7,500
7,500
5,000
5,000
16-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Sl Cuthbert'5 Centre
Sl Giles Trust
The Connection at St4Aartin-in-the-Fields
Time and Talents
Toynbee Hall
Tnjssel Trust
Upper Room
VlÈsl London Action for Children
Èsl London Day Centre
G¢￿eManCe costs (note 41
7.000
5,000
8,000
2.500
5.000
5.000
7,000
8,500
5,000
7,000
10,667
5,000
10,665
112.665
150,667
Total
404,352
481,362
4 Gov•manc• Costs
2020 Rgstrlctsd Funds
Church Educational HanlBhip
2020
Total
Auditors remuneration..
Slalutory audit
Clerkship fees
Bank ¢harge$
Other
2,726
8.516
35
16
3.040
9.501
40
19
2,574
8.043
33
15
8,340
26.060
108
so
11,293
12,600
10,665
34,55B
2019 Restrfctèd Funds
Church Educational Hardshlp
2019
Total
Auditors remLmeralion:
Slalutory audit
Clerkship fees
Bank charges
Other
2.725
8.530
49
{101
3.040
9.517
55
(11)
2,575
8,055
46
19}
8,340
26,102
15D
(301
11.294
12,601
10,667
34,562
S Investment Property
2020
2019
Freehold Reversions..
14 to 18 Noel Street, Soho. W1
1250 year lease expiring 25ffj312258)
220,000
220,000
17-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
6 Inv8stm•nts
2020
2019
Martet value as at 1 Jarbuary 2020
Add.. Nel gainlllossl on revaluation
Add.. Net gairvllossl on sale of investments
11.985.067
1340.712)
10.%2.929
1,022,138
Market value at 31 December 2020
11.644.355
11,985.067
Historical Cost
11,185.2B4
11.185.284
An investments held at Ihe beginning, through¢xJl and at the erhd ofthe year *Ere ￿sted on Tecognised
sloek exchanges.
The 2020 market valuation of £11.644.35512019: £11,985.067) inclLhYed ￿ aggregated unrealised loss of
£340,712 {2019. gain of £1,022.1381.
7 Cash
2020
2019
Cafbank Current Account
Cafbank Deposit Account
105.997
43,037
103,572
43,016
149.034
146.588
8 D•btors
2020
2019
Kleinwort Benson re Noel Street Insurance
18.282
9 Crndltors: amounts falling due Y•ithin on• year
2020
2019
Trade creditors
Grants payafje
VAT payat4e
14,940
15,009
22,740
5,000
3,333
36,493
31,073
10 Trustso$' Expenses
No expenses were reimbursed to ITuslee'5 during the year12019.. £nil). No trustee$ recfy'ved any
remunerotion in conneckn'on with their trustee dub.es (2019" none).
The Iwst *Yoe$ not employ staff {2019'. none).
There were no olher rdated paty Iransaclions in the year12019." none). except for payments made to the
French Protestant Church of London of £113,00012019." £140.0001 Tr*thi¢h has Common Iruslees.
18-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
11 Funds
Rgstricted Funds
Educatlonal
Endovmiont Funds
Educatlonal
Church
H•rdshlp
ChuT¢h
Hardshlp
Total
At 1 January 2020
Income
Expendrture
Gainlllossl on investments
30,477
125,195
1124,2931
67.628
139.677
167.3941
34,277
118,224
{112,665}
3.989.079
4.450,484
3,766.921
12,338.864
383,096
1404.3521
1340.7121
(111.3451
1124,2231
1105,1441
Al 31 December 2020
31,379
39,909
39,836
3,877.734
4,326.261
3,661,777
11,976.896
R•pr•gentsd by:
Inve61menl property
Investment$
Debtors
C8gh
Creditors
71.89fj
3,805.375
80,212
4,245,532
67.892
3,593.448
220,000
11,644,35S
38,399
17,1321
62.751
122.9661
46,467
16,7351
517
437
149.034
136,493
31,379
39,909
39,836
3,877.734
4,326.261
3,661.777
11,976.896
19

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Rest11¢t￿ Fund5
Educatlonal Hardjhlp
Endowment Funds
Educatlonal
Funds comparatlve
Church
Church
Hardshlp
Total
At 1 January 2019
Income
Expendrture
Gainlllossl on investments
31.949
149.822
1151.2941
79,875
167,153
1179,4011
43,465
141,478
1150,6671
3,655.044
4,077,813
3,451.489
11,339,635
458,453
1481,3621
1,022, 138
334,035
372,671
315,432
At 31 D•¢emb•r 2019
30,477
87,626
34.277
3,989,079
4,450,484
3,766.921
12,338,864
R•pr•tsnt•d by:
Tangible assets
Investments
Debtors
Cash
Creditors
71,896
3,916,720
80,212
4,369,755
67,892
3,698,592
220,000
11,985.C67
18,282
146,588
131,0731
5,975
33,023
18,5211
6,665
75.467
114.5061
5.642
36.681
18,0461
463
517
437
30,477
67.626
34,277
3,989,079
4,450,484
3,766,921
12,338,864
-20-

FRENCH HUGUENOT CHURCH OF LONDON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
12 Comparativg St•tsm•nt of Flnan¢lal Activiti•s
2019 Restrlctod Funds
Church EducatloMI Hardship End01￿￿ont
Fund
Fund
Fund
Fund
2019
Total
Funds
INCOME FROM:
Income from Investments
149.822
167,153 141.478
458,453
Total Income
149.822
167.153 141,478
458,453
EXPENDITURE OM:
Charitable actlvitles-
In ¢onnection wth".
Support of the Church
Educab'on
Relief of Hardship
1151,294)
1151,2941
{179,4011
{150,6671
1179.401)
1150,667)
Totsl Expendlture
{151,294) 1179.4011 1150,667}
(481,3621
Net income I (expenditure) before
gains and losses on investments
11.4721
112.248) 19,1891
122,9091
ILossgsyGalns on assets
1,022.139 1.022.139
NET MOVEMENT IN FUNDS
11.472)
(12,248) (9.1891 1,022,139
999,230
Totsl lunds brought fop*r4rd
31.949
79.875
43.465 11.184,346 11,339,635
Totsl funds carried forward
30.477
67.627
34.276 12.206,485 12,338,865
21