THE UNITED REFORMED CHURCH (WALES) TRUST COMPANY LIMITED

Registered charity 1063214 · accounts filings on the Charity Commission register · also known as UNITED REFORMED CHURCH (WALES) TRUST, URC (WALES) TRUST

Principal activity is that of a trust set up to deal with, manage and invest the property and funds on behalf of the United Reformed Church in the National Synod of Wales; to act as corporate trustee for most of the United Reformed Churches in Wales by holding various properties and investments on their behalf

Causes: Religious Activities · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that free reserves total £3,282,260, which is equivalent to 48 months of operating costs, significantly exceeding the stated reserves policy target of three months' operating costs. The charity reported a net unrestricted surplus of £291,589 for the year, supported by investment gains, and the independent auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Burton Sweet Limited. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

87 registered titles in England and Wales held by the charity’s company or corporate body (83 freehold); recorded price paid £2.5m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Reported reserves equal ~45.8 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other (50% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.3% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

• Received assets from another charity (16/12/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (19/12/2022) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (04/04/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• Colin George Grimes · trustee of 1 other charity
• Diane Margaret Moverley
• Donna Jones
• Ian Lloyd-Parry
• Rev Simon Edwin Walkling · trustee of 1 other charity
• Sandra Wallace · trustee of 1 other charity

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout Wales

Income and spending

Common questions

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).