REGISTERED COMPANY NUMBER: 04454591 (England and Wales)

REGISTERED CHARITY NUMBER: 1094992

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

THE SWISS CHURCH IN LONDON

(L'EGLISE SUISSE DE LONDRES)

(SCHWEIZERKIRCHE IN LONDON)

Page

Report of the Trustees

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16

Independent Examiner's Report

17

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18

Statement of Financial Activities

19

Statement of Financial Position

20

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22

Notes to the Financial Statements

23

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33

The trustees who are also Directors of the Charity for the purposes of the Companies Act present their

report with the financial statements of the charity for the period 1 January 2024 to 31 December 2024.

The financial statements have been prepared in accordance with the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2015) and comply with the charity’s governing document.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Swiss Church is a Spiritual Home to the Swiss in the UK. As a Swiss Church, it is a member of the one universal, apostolic and holy Church of Christ. Its foundation is the word of God as witnessed in both the Old and the New Testament. The Swiss Church, affiliated to the Protestant Church in Switzerland (previously known as Federation of Swiss Protestant Churches) in Berne, adheres to its roots in the Swiss Reformation of the 16th Century. It strives to proclaim God's word according to the principles set out by the Reformation, in particular by John Calvin and Huldrych Zwingli.

In their spirit, the Swiss Church encourages its members to actively explore the Christian faith and to find a personal belief based on reflection and experience.

It seeks to further and strengthen Christian love, solidarity, justice and truth. In ecumenical openness, the Swiss Church welcomes Roman Catholics and Christians of all other denominations.

As a Swiss Church founded by French speaking Swiss in the 18th Century and later united with the German-speaking congregation, it is a meeting place for all Swiss and friends of Switzerland from all walks of life. The Swiss Church seeks to contribute actively to the social life of the Swiss community in London and promotes cultural and social activities to strengthen friendship and understanding.

We believe that both aspects, its being a Church and its being a Swiss institution are inseparably intertwined and stimulate each other

As a Swiss Church in London it is our mission to reach out to the church's local community in the Covent Garden/Holborn area and across the city, providing support for those most in need and fostering the dialogue between the Christian faith and the arts community. We strive toward building ever closer networks with local charities, churches and organisations to achieve the greatest possible impact

Present tasks, activities and groups in the Swiss Church include:

o Sunday services, followed by refreshments

o Home and hospital visits

o Pastoral care

o Baptisms, confirmations, weddings & funerals

o Organ recitals

o An Art program supporting both artists in the community seeking a platform as well as the homeless community

o Swiss Church News (quarterly publication)

o Family activities

o Traditional Swiss events

o Support and welcome visitor groups from Switzerland

o A weekly Breakfast provided for those most in need in our local community

o Local outreach and community work

o Bible work with Mothers' Group

o Hosting Frauenverein and La Causerie

o Joint activities with various Swiss clubs and local churches

o Private hirings

o Online and social media presence

Public benefit

In setting our objectives and planning our activities the board of trustees has considered the Charity Commission's general guidance on public benefit, and to its supplementary public benefit guidance on advancing religious education.

ACHIEVEMENTS AND PERFORMANCE

REVIEW OF ACHIEVEMENT AND PERFORMANCE

During 2024 the focus continued to be the fulfilment of our general objectives listed below:

- Make the Swiss Church better known among the Swiss in London, visitors and the local community as a spiritual home and a meeting place through traditional Swiss events and joint activities with the wider Swiss community.

- Make the Swiss Church better known to parish churches and church organisations in Switzerland,

as well as encourage and increase the number of group visits from Switzerland.

-Increase the number of sabbatical and internship placements for Swiss pupils and professionals.

- Reach out to vulnerable people in the surroundings of the church and respond to their immediate needs

- Increase fundraising activities in Switzerland and the UK and the commercial use of the church (private

hirings) to open the church to various user groups.

- Make the building fit for multi-purpose use and improve its safety

-Improve and strengthen governance structures and recruit new trustees.

- Recruit new volunteers and provide training for staff and volunteers.

- Oversee the arts programme.

- Increase and improve social media and online presence

- To be better connected with charities, churches and other organisations in the neighbourhood

and the Borough of Camden.

- Improve the efficiency of financial control systems

- Improve team structure and internal collaboration

- Improve HR management

- Improve Health and Safety and food safety

- Close the £100k income gap due to the Covid19 restrictions (the main source of income)

- Increased fundraising activities and maintain good contacts with donors.

- Find alternative ways of worshipping and socialising online

- Keep all PAYE’s and freelancers in employment

- Recruit new trustees whilst continuing to hold board meetings online and establish flexible governance

structures

- Reorganise local outreach work within the resources available

- Rebuild the volunteer base for our main activities

Services, pastoral care and spiritual life:

Services: Sunday Services are held twice monthly, except for the summer break in August. On the first Sunday in the month services included Holy Communion, and singers from the Holborn Chamber Choir made up the choir. Reverend Carla Maurer led the services until her departure in June 2024. Numbers attending services varied and were generally lower than before the Covid-19 crisis.

We welcomed Rev. Manuel Zimmerman Grey in early September 2024 on a fixed term contract of 18 months to lead the SCL. As the role for a new minister was not advertised officially across the UK and Switzerland the Consitoire decided upon a fixed term contract to ensure the ministry remained filled after the departure of Carla Maurer.

Key Service Highlights:

January: The year began with a New Year service featuring communion (7th January), followed by a guest preacher, Revd Edward Carter, from St Peter Mancroft in Norwich (21st January).

March: Easter service was held on 31st March, marking a significant event in the liturgical calendar.

June: On 2nd June the baptism of Michelle Armstrong and Philip Rauber took place.

July: Farewell service for Carla Maurer took place on 7th July. On 21st July, a confirmation service took

place for Anna Lea Duba González.

August: The church observed a summer break in services.

September: Services resumed with a communion service led by Niccolò Aliano (12th September), followed by the Federal Penance Day service with Reverend Manuel Zimmermann Grey (15th September), and a regular service on 29th September.

Music and Choir:

The Swiss Church London Choir, supported by members of the Holborn Chamber Choir, enhanced worship with anthems and introits, especially on the first Sunday of the month. Choir auditions were held in May to maintain and grow the choir. We also bid farewell to our choir director Yang Ooi who announced his departure to Malta to take on a new professional assignment in early 2025. Thank to Yang we were able to start the process of building the Swiss Church Choir.

Special Services:

The Annual Commemoration Service was held on 20th November to remember those who had passed away in the community.

Service Features:

Communion: Offered on the first Sunday of each month.

Music: Integral to the services, with a mix of traditional and modern hymns, often led by the church’s Späthorgan or Steinway piano.

Community Involvement: Guest preachers, youth groups, and special music events enriched the worship experience throughout the year.

Ecumenical relations: We continued to maintain friendly relations with the Dutch Church in London, the French Protestant Church in London, the German Church in London, and to share information concerning common challenges.

Community and Outreach Work

The community programme is aimed at the Sunday congregation, Swiss people living in London, and the community in the locality of the church.

Breakfast on the Steps (BOS) took place each Tuesday morning, frequented mainly by people affected byhomelessness and other vulnerable and disadvantaged people from the local community.

It was also a year marked by the 10th anniversary of our Breakfast on the Steps programme. We said farewell to our Lead Volunteer, Andreas Feller-Ryf, and recorded the passing of a long-term guest and passionate member of the local homeless community, Andy Palfreyman.

We Welcome Amanda Camenisch as new BOS Lead coordinator on a freelance paid basis.

Zine Publication: To celebrate 10 years of BoS, the church produced a self-published zine featuring stories from longstanding guests.

Issues Surrounding Breakfast on the Steps (BoS) in 2024

Rising Demand and Resource Constraints:

The programme has seen a steady rise in the number of guests, with an average of 75 per week. This growth reflects the increasing impact of homelessness and poverty in London. The rising demand has placed greater pressure on volunteers and resources. The church relies heavily on dedicated volunteers and generous donors to sustain the programme.

Financial Challenges:

The church reported a significant expected shortfall in the financial year, making ongoing and growing support from friends and donors essential for the future of BoS and the church itself.

Programme Expansion and Sustainability:

The introduction of the Art Club and regular exhibitions has enriched the BoS experience but also increased the need for funding and volunteer support.

Community Engagement:

While the programme is highly valued by guests, maintaining a welcoming and supportive environment requires continuous effort and resource allocation.

Leadership and Transition:

The church experienced several leadership transitions in 2024, including the departure of long-standing volunteers and the onboarding of new staff and volunteers. These changes necessitated careful management to ensure the continuity and quality of BoS and other outreach activities.

Art Club: The BoS Art Club, funded by EKS Schweiz and supported by the London Graphics Centre, offers creative opportunities for guests

.

Exhibitions: The PORTALS¨ exhibition (23¡V24 November 2024) showcased artwork by people with experience of homelessness and poverty, many of whom are regular BoS guests. We are grateful to the Ambassador Leitner attending the opening and giving a speech.

Swiss community

Some of the church groups (La Causerie, Frauenverein and Mothers Group) meet regularly in person at the church for their monthly gatherings.

2024 also marked a milestone within our congregation as we gathered in the church in early May to celebrate the 100th birthday of Yolande Birch. General Consul Thomas Wagner presented Yolande with a bouquet of Flowers on behalf of the Swiss embassy.

2024 Swiss National day (SND) was hosted by the Swiss Church and attracted over 120 guests on the 1st of August 2024. We were grateful to welcome HE Ambassador Marcus Leitner as our special guest and he gave the welcome address.

In December, several Swiss families came together for a Family Christmas Afternoon, including Swiss food and drink singing of Swiss carols, reading of the Christmas story, and a special visit from Samichlaus (Swiss Santa).

The following platforms continued to be in use to socially connect:

- Swiss Church London WhatsApp group for members and friends and the wider network

- A WhatsApp group for young professionals, students and former interns

- Facebook both the SCL page, and the Swiss in London, and Swiss in London and the UK group pages

- Instagram page featuring our Arts and Community events

- The SCL LinkedIn page was used more frequently as a platform for professional connections

- Membership of the BSCC (British Swiss Chamber of Commerce) provided an extra portal to advertise and connect with potential clients in search of a venue, or potential donors.

Fundraising

The SCL maintained its fundraising activities in Switzerland and in the UK, though grant income was harder to obtain.

Volunteer coordinator Andreas Feller and then Amanda Camenisch supported the church with fundraising for the Breakfast on the Steps homeless outreach programme. Funding was obtained from the Big GiveChristmas Challenge Matched Funding Campaign, from the National Lottery Community Fund, and from individual parishes of the reformed churches in Switzerland.

Organ Recitals, concerts and music

There was a broad range of organ and choral recitals accompanying our church services during 2024 and we thank Peter Yardley-Jones and Choir Director Yang Ooi for their continued support and dedication to the Swiss Church in London.

Arts Programme:

Freelance Arts Program Managers Diane Chappalley and Lizzy Drury continued their work supported by Lindsey Wiercioch as Arts Trustee, establishing links between the arts programme and the community.

Both Diane and Lizzy through their work enriched the arts offering of the SCL not just within our local community but with a much broader reach, supported by a growing Instagram and social media following, which strengthened the narrative and values of the SCL.

Day to Day Records Management

Daily the church office team, Consistoire and volunteers continued to see the positive impact of the new data management system that was introduced in 2021. Information is easily accessible for everyone involved with appropriate levels of access assigned according to specific job roles to conform to data protection requirements.

Historic Archives Records Management

The Consistoire recognised that the absence of a record management policy puts at risk the archive and handing down of information for future generations. There is also no complete list of the church’s historic archives which are in three different places. The Consistoire is acutely aware that more time and resources will need to be devoted to preserving documents, and that specific grant funding will be needed to support work on this important task.

Cultural Events:

- Ballet Gala

- Aliaskar

- Artist Residence Rhett Nicholl & John Casti

- PORTAL Bos Guest Exhibition

- LCC exhibition

- Goldsmith Design Department

- Ruby Wroe

Communication

The Swiss Church News appeared three times during the year, in print and electronically, reaching about

1,800 readers.

The electronic newsletter was sent out to mark important events and share new developments.

The Swiss Church is active on social media (Facebook, Instagram and LinkedIn) and announces events on various Swiss community Facebook pages to reach out to the wider Swiss community in London. The social media outreach has improved.

Reports appear on the regional pages of the Swiss Review which is sent out to Swiss living abroad.

Organ recitals and art events are published on various cultural platforms.

Venue and hirings

- Wine Tasting (2x)

- Fashion Show

- Nicole Tursi, London Craft Week

- FOSSUK

- Goldsmith University

- Nottingham University MA Fashion and Design

- Swiss National Day

- Unione Ticinese

Building maintenance

Regular maintenance of the church building and fabric was carried out in accordance with the yearly plan, and additional remedial work undertaken as required. The five-year specialist report from Whitworth specialist surveyors in October 2022 categorized all work required to be undertaken under five headings, from urgent to desirable. The necessary spending required has been incorporated into the annual budget and financial projections. However, due to severe financial restrictions, 2024 saw only emergency remedial work undertaken.

Health and Safety and Food Hygiene

The SCL continues to use the ThirtyOneEight organisation, for training of trustees, staff, and volunteers.

ThirtyOneEight also provides DBS services for the SCL. Katrin Frey (until her departure) continued to act as trustee for Safeguarding and ensures the compliance of both staff, volunteers and Trustees. Trustee Cecile Mistry oversees the food hygiene measures. Several members of staff and volunteers completed the Food Safety Certificate.

Maintenance of the Manse (also known as the Vicarage)

During the summer of 2024 there was painting other remedial refurbishments were carried out to prepare for the new minister and his family moving in.

Relationship with Switzerland

Partner churches in Switzerland:

A number of churches in Switzerland confirmed their ongoing financial support to further the work of the Swiss Church.

We are very grateful to our sister churches for all the support that we have received.

Evangelische Kirchengemeinde of Zürich

We are very grateful to Thomas Schaufelberger, Director of Theological Education & Church for his direct and indirect support.

He paid the church a visit with over 20 student ministers in March 2024, where a dialogue and exchange of thoughts and concepts took place. We enjoyed an evening meal together in Chinatown following our groupdiscussion.

In June Thomas met with Daniel Everett in Zurich and introduced him to the EKS organisation, a vital step in the SCL building its case for re-association with the EKS, to strengthen both identity as a unique self funding Swiss church outside of Switzerland, as well as to foster broader partnerships and visibility across Switzerland.

With the help of Katrin Frey and Rev Zimmermann Grey, the SCL submitted its application to associate itself with the EKS and Daniel Everett attended the November Synod in Bern to both lobby and outline to the members how important this step would be for the SCL.

The Synod voted 58-0 unanimously in favour of progressing with the SCL’s application for re-association.

We also thank The VEGSIL (Vereinigung ehemaliger Glieder der Schweizerkirche in London) for their

continued support and donations.

The SCL was invited to participate at their annual get together in Switzerland and very kindly sponsored the travel costs, thus enabling Therese our venue manager to participate.

Unione Ticinese- we thank the Unione Ticinese for their continuing financial support and encouragement.

Swiss Benevolent Society - we thank the Swiss Benevolent Society for their continued support and engagement.

People

Overview of Governance Structure

The Swiss Church in London operates as a charitable company limited by guarantee and is governed by itsMemorandum and Articles of Association. The Consistoire, the voluntary Board of Trustees, oversees all

activities and is accountable for the use of resources. The Consistoire usually meets monthly, with the frequency adjusted as circumstances require. Each trustee is assigned specific duties and responsibilities to ensure effective oversight and swift decision-making.

Key Governance Developments in 2024

Transition in Leadership:

The year began with ongoing transitions following the departure of key personnel at the end of 2023 and into early 2024. Notably, the church bid farewell to several long-standing trustees and observers, Katrin Frey, who had served as Acting Chair for 18 months, stepped into the role of Vice President and played a crucial role in steering the church through a period of change. Daniel Everett was elected President of the Consistoire in late 2023, a position that had been vacant for several years

Recruitment of Trustees:

Recruiting new trustees remained a key focus throughout 2024. The Consistoire actively sought individualscommitted to supporting the mission of the Swiss Church in London, particularly in the areas of

safeguarding and fundraising. Public appeals for trustee candidates were made, encouraging members and friends of the church to recommend suitable individuals. The search for volunteers and trustees was described as ongoing, reflecting the church’s ongoing need for dedicated leadership.

SCL Departures:

Carla Maurer: Although not a trustee but the Minister, her announced departure in late 2023 and actual resignation in early 2024 had a significant impact on governance and continuity. The Trustees implemented a plan to seek an interim or permanent minister to ensure the continuity of religious services.

Katrin Frey: It was announced that Katrin Frey would be returning to Switzerland in the summer of 2024 to complete her vicar training, necessitating further recruitment for her roles in safeguarding and as Vice President.

Lindsey Wiercioch: Lindsey who oversaw the Arts Team as Trustee resigned due to her personal workload. Niccolo Aliano: Niccolo resigned due to the pressure of his professional workload.

New Hires and Appointments

No New Trustees Appointed: As of the AGM in September 2024, no new trustees had been formally appointed. The focus remained on re-electing existing trustees and continuing the search for new candidates.

Ongoing Recruitment: The church continued to actively recruit for trustee and volunteer positions, particularly in safeguarding and fundraising.

Governance Challenges and Priorities

Continuity and Stability:

The departure of several long-standing trustees and key staff members presented challenges for continuity and stability. The church responded by strengthening governance structures and assigning clear responsibilities to remaining trustees.

Recruitment and Retention:

The need for ongoing recruitment of trustees and volunteers remained a priority, with particular emphasis on roles in safeguarding and fundraising.

Financial and Operational Oversight:

The re-appointment of Inside Accounting as the reporting accountant at the AGM underscored the church’s commitment to robust financial oversight.

Appreciation and Thanks

We are most grateful to our team, Carla Maurer, Manuel Zimmermann Grey, Janice O’Brien, Therese Theurillat and Ryan Moshwe (our office team) and our Director of Music and Organist Peter Yardley-Jones, for their work for our Church and the Choir Director Yang Ooi. Their dedication is most appreciated. We thank Rupert Ackroyd our caretaker, for all he does to maintain our historic church building. His specialist practical skills and technical knowledge are invaluable.

We are grateful to all the churches in Switzerland who have so generously supported us. We much appreciate the support from individual donors and contributors, in the UK, Switzerland and throughout the world, and thank them for their continued invaluable support.

We are indebted to all the volunteers who are the heart and soul of the Swiss Church community, especially our many volunteers (and particularly Robert Kaufeler, Francois Colavecchio, Margrit Sessions, Doris Leitner) who make Breakfast on the Steps happen, hair stylist Jake Fox and Bence, the Art Committee, the Sunday Monday Service team, especially Cecile Mistry and the kitchen team, as well as Fernande Kunz for providing the floral arrangements.

FINANCIAL REVIEW

Financial position

Income

The income from church related activities for the year was £310,309 compared to £ 216,603 in 2023. Of

these, 82% (51% in 2023) was generated through donations. As in previous years, donations are backbone of the church’s income.

Expenses

Total expenditure in conjunction with church related activities were £ 348,807 excluding £ 52,096 worth ofdepreciation and governance costs, compared to £ 277,808 in 2023.

Summary

The overall net loss, after accounting for depreciation, is circa (£38,498) compared to loss of (£61,204) in 2023. The ending balance of the building fund is nil in both years.

Unrestricted reserve

It is the policy of the Swiss Church to maintain an Unrestricted Reserve. This is intended to enable the Swiss Church to cope with the unforeseen, which might otherwise affect the organisation's ability to continue our activities. In practice, the Trustees consider that holding unrestricted reserves equivalent to six to twelve months’ core costs, excluding those funds represented by fixed assets, and should provide sufficient resources to respond to unexpected adverse changes in the Charity's funding or activities. This isequivalent to between £100,000 and £200,000 based on current costs.

This policy will be reviewed annually, when setting budgets, to check if it is still relevant, or if changingcircumstances require a modification.

Investment Policy

Investments may only be made after prior approval from the Consistoire and must be made only in the name of the Swiss Church in London.

Financial Challenges and Trends in 2024

• Increased Expenditure:

The church experienced rising costs in maintenance, staff, and community support, outpacing income growth despite increased donations and lettings.

• Reserves and Sustainability:

The policy to maintain a healthy reserve is in place, but the ongoing net losses have put pressure on these reserves and highlighted the need for a robust financial strategy.

• Building and Infrastructure:

Significant investment in maintenance and building improvements is required, with a need to plan and prioritise future projects to avoid straining resources.

• No Treasurer until November 20

The absence of a dedicated Treasurer has required the President and Finance Officer to take on additionalresponsibilities for financial oversight.

Fundraising Activities and Strategies in 2024

• Donor Engagement and Appeals:

o Increased donations from Switzerland and the UK, particularly through targeted appeals and regular giving from the congregation.

o Church service collections remained similar

• Church Lettings:

o Lower than 2023 and a vital requirement to secure financial stability.

• Community and Arts Fundraising:

o The church expanded its programme of arts and cultural events, which not only serve the community but also provide opportunities for fundraising and increasing visibility. Unfortunately a number of these events were not pre-funded.

o Fundraising for Breakfast on the Steps is ongoing, including participation in the Big Give Christmas Challenge (a match-funding campaign in December).

• Grant Applications and Partnerships:

o The church is actively seeking to strengthen ties with Swiss churches and donors, and actively exploring new grant opportunities.

• Fundraising Leadership:

o The Consistoire is prioritising the recruitment of trustees and volunteers with fundraising expertise to drive future income growth.

o Janice O’Brien, the new Finance Officer, has been instrumental in financial management and reporting since her appointment.

PLANS FOR THE FUTURE

The Trustees are committed to further implement the Business Concept Plan and, as a result, to strengthen the positive relationship with the Swiss community in London as a whole, while expanding the mission activities into the wider local community. The Trustees are also determined to both broaden and deepen the relationship with various Swiss Parishes and Cantonal Churches.

In view of the financial independence of the Church, the Trustees are committed to broaden the sources ofrevenues by reviewing the letting strategy and intensifying fundraising activities.

We are currently working towards a more effective governance structures with each member of the Consistoire having specific duties and responsibilities assigned. This should allow for both informed and swift decision-making.

Recruiting more Trustees committed to supporting the Mission of The Swiss Church in London remains a key focus of the Consistoire.

Fundraising Innovations and Future Plans

Personalised Donor Engagement:

The church is encouraged to use data-driven approaches to segment donors and tailor appeals, potentially leveraging AI tools for more effective engagement.

- Digital Fundraising:

Exploring online giving platforms, social media campaigns, and virtual events to reach a wider audience.

- Community Involvement:

Encouraging regular giving among members and friends and fostering a sense of community through events and outreach.

- Reserves Policy Review:

The church will continue to review its reserves policy annually to ensure it remains relevant to changingcircumstances.

Forward-Looking Statements

Financial Situation

Looking ahead, the Swiss Church in London will continue to face financial pressures, particularly as demand for its outreach services grows and the costs of maintaining its historic building increase. The Consistoire is committed to prudent financial management, regular review of reserves, and proactive fundraising to ensure the church’s long-term viability.

Community Development Vision - Call to Action

The church invites its congregation to be active participants in shaping its future. Members are encouraged to share ideas for community development, outreach, and fundraising with the Minister and Trustees. Together, we can ensure that the Swiss Church in London remains a vibrant, inclusive, and impactful presence in the heart of the city.

General Call to Action

We call on all members and friends of the Swiss Church in London to join us in supporting our mission, whether through volunteering, donating, or sharing your ideas and expertise. Your involvement is vital toour continued success and to making a positive difference in our community circumstances.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Constitution and organisational structure

The Swiss Church in London is a Charitable Company limited by guarantee and is governed by its Memorandum and Articles of Association adopted on the 5th June 2002. The Swiss Church in London was founded in 1762. The company commenced operations on 1 January 2003 when it took over all activities of the Unincorporated Association with the same name. The Consistoire (Voluntary Board of Trustees) oversee the activities and are accountable for the way the resources are used. The Trustees meet every two months, or more or less often if they so decide. The members who served on the Board throughout the year under review are named under Legal and Administrative Information.

The Consistoire is the Governing Body of the Swiss Church in London and administers and manages the Swiss Church in London, its property and its internal and external affairs in accordance with the Memorandum and Articles of Association. The Consistoire makes all major decisions; certain powers of delegation are granted to the Minister, as well as to special task groups and individual members of the Consistoire.

Recruitment and appointment of new trustees

The appointment and removal of Trustees is decided by a majority of votes. At every Annual General Meeting, one-third of the Trustees shall retire from office. The retiring Trustees shall be eligible for reelection.

Induction and training of new trustees

Induction of Trustees takes place through one to one sessions with the Chair. If needed, additional training is arranged.

Risk management

The trustees have a duty to identify and review the risks to which theCharity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04454591 (England and Wales)

Registered Charity number

1094992

Registered office

79 Endell Street

London

London

WC2H 9DY

Trustees

D P M Everett Director

P R Maillardet Director

Mrs C Mistry Director

P Rauber (appointed 24.2.25)

Company Secretary

Independent Examiner

Cornelius Stassen

Inside Accounting Limited

1 Princes Close

Clapham

London

London

SW4 0LG

Approved by order of the board of trustees on 18 September 2025 and signed on its behalf by:

D P M Everett - Trustee

Independent examiner's report to the trustees of THE SWISS CHURCH IN LONDON (L'EGLISE SUISSE DE LONDRES) (SCHWEIZERKIRCHE IN LONDON) ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Management Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Cornelius Stassen

The Chartered Institute of Management Accountants

Inside Accounting Limited

1 Princes Close

Clapham

London

London

SW4 0LG

12 July 2025

31.12.24

31.12.23

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

230,292

21,338

251,630

110,334

Other trading activities

2

58,682

-

58,682

106,269

Total

288,974

21,338

310,312

216,603

EXPENDITURE ON

Charitable activities

Advancing the Christian faith

193,002

155,807

348,809

277,809

NET INCOME/(EXPENDITURE)

95,972

(134,469

)

(38,497

)

(61,206

)

Transfers between funds

12

(134,469

)

134,469

-

-

Net movement in funds

(38,497

)

-

(38,497

)

(61,206

)

RECONCILIATION OF FUNDS

Total funds brought forward

1,538,529

(11,861

)

1,526,668

1,587,874

TOTAL FUNDS CARRIED FORWARD

1,500,032

(11,861

)

1,488,171

1,526,668

31.12.24

31.12.23

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

1,088,898

-

1,088,898

1,120,006

CURRENT ASSETS

Debtors

8

180,516

-

180,516

552

Cash in hand

286,123

(11,861

)

274,262

439,911

466,639

(11,861

)

454,778

440,463

CREDITORS

Amounts falling due within one year

9

(6,517

)

-

(6,517

)

(9,882

)

NET CURRENT ASSETS/(LIABILITIES)

460,122

(11,861

)

448,261

430,581

TOTAL ASSETS LESS CURRENT LIABILITIES

1,549,020

(11,861

)

1,537,159

1,550,587

CREDITORS

Amounts falling due after more than one year

10

(15,000

)

-

(15,000

)

(15,000

)

ACCRUALS AND DEFERRED INCOME

11

(33,988

)

-

(33,988

)

(8,919

)

NET ASSETS

1,500,032

(11,861

)

1,488,171

1,526,668

FUNDS

12

Unrestricted funds:

General fund

1,500,032

1,538,529

Restricted funds:

Cultural fund

(9,354

)

(9,354

)

Youth work

11,833

11,833

New Pastoral

(14,309

)

(14,309

)

Mobility fund

1,045

1,045

Support fund (To support people in need)

(1,617

)

(1,617

)

Business Concept Plan - Consultancy Fees

541

541

(11,861

)

(11,861

)

TOTAL FUNDS

1,488,171

1,526,668

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 18 September 2025 and were signed on its behalf by:

D P M Everett - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	OTHER TRADING ACTIVITIES

31.12.24

31.12.23

£

£

Church Lettings

47,170

92,740

Tax Recovery

7,071

1,038

Collections church service

3,283

-

Other Income

1,158

12,491

58,682

106,269

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.12.24

31.12.23

£

£

Depreciation - owned assets

31,108

31,494

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

5.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.12.24

31.12.23

Charitable activities

3

3

No employees received emoluments in excess of £60,000.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

74,452

35,882

110,334

Other trading activities

106,269

-

106,269

Total

180,721

35,882

216,603

EXPENDITURE ON

Charitable activities

Advancing the Christian faith

149,951

127,858

277,809

NET INCOME/(EXPENDITURE)

30,770

(91,976

)

(61,206

)

Transfers between funds

(80,115

)

80,115

-

Net movement in funds

(49,345

)

(11,861

)

(61,206

)

RECONCILIATION OF FUNDS

Total funds brought forward

1,587,874

-

1,587,874

TOTAL FUNDS CARRIED FORWARD

1,538,529

(11,861

)

1,526,668