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← Centre For Theology And Community Limited

2025-03-31-accounts

Centre for Theology & Community Annual Report and Accounts

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Reference and Administrative Information

Charity Name: Centre for Theology and Community Charity Registration Number: 1121648 Company Registration Number: 5848143 Registered Office and Operational Address: East Crypt St George-in-the-East 14 Cannon Street Road London E1 0BH Board of Directors (Trustees): John Deacon (Chair) The Revd Vanessa Conant The Revd Cecilia Dewu Averil Pooten Watan Senior Management Team Fr Angus Ritchie (Executive Director) Marzena Cichon-Balcerowicz (Deputy Director) Ana França-Ferreira (Assistant Director) Claire Moll Namas (Assistant Director) Independent Financial Examiner Derek Rodwell FCCA 117 Chestergate, Macclesfield SK11 6DP Bankers The Co-operative Bank 1 Balloon Street Manchester M4 4BE

~~—~~ www.ctcuk.org

www.ctcuk.org

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Our aims and objectives

Purposes and Aims

The object of the Centre for Theology and Community Limited is ‘to advance public knowledge and mutual understanding of the teachings, traditions and practices of different faith communities including promoting good relations between persons of different faiths in particular but not exclusively by providing education and training, developing a network in order to share good practice and experience, by facilitating supervised placements for students and by engaging in research.’

Ensuring our work delivers our aims

The focus of our work has so far been on Christian congregations (initially in east London, but more recently in other parts of London and indeed of England & Wales). In recent years, there is an increasing interest in approach from other religious and civic institutions (in particular mosques, synagogues and migrant-led organisations).

Our approach has pioneered faith filled community organising - using the broad-based organising methodology of Citizens UK, but rooting it more deeply in theological reflection and the lived spirituality of local worshippers. This “roots down, walls down” approach is helping local churches and their leaders to develop deep relationships of mutual understanding, solidarity and trust with neighbours of other faiths – and discovering that to be a process that can happen at the same time as they grow in the understanding and practice of their own faith.

As a Centre engaged in research as well as action, our work streams develop in dialogue with our local congregations (from whom most of our Trustees are drawn), and we are engaged in qualitative and quantitative research which both demonstrates the impact of our approach and helps us to develop it further.

Our three streams of work are:

Organised Churches – We work with churches to harness the potential of broad-based community organising to act with their neighbours from other religions and beliefs for the common good. We help them understand why that is an integral part of their mission, and how the practice of broad-based community organising can help them grow in number, depth and impact.

Organised Leaders – We train individual leaders emerging from these churches, and apprentices who want to work on our staff team. We help them to use the practices of community organising – when rooted in prayer and theological reflection – to connect their own action more deeply with their faith, and to work together with those of other religions and beliefs for the common good.

~~—~~ www.ctcuk.org

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Organised Neighbourhoods – We help the churches with whom we work to develop deeper links with other local religious and civic institutions to act together for the common good – building hyper local broad-based community organising alliances and helping this work become financially sustainable for the long term.

A key partner in this work is Citizens UK, and its local affiliate, London Citizens.

How our activities deliver public benefit

These three streams of work deepen relationships of solidarity and trust within and across faith communities, develop the confidence and agency of those who live in some of England’s most socially diverse and economically deprived neighbourhoods, and enable them to both deepen their spiritual lives and take action together on issues of common concern.

Structure, Governance and management

The organisation is a charitable company limited by guarantee, incorporated on 15th June 2006 and registered as a charity on 21st November 2007. The company was established under a Memorandum of Association, which established its objects and powers, and is governed by its Articles of Association. In the event of the company being wound up, its members are required to contribute an amount not exceeding £1.

Recruitment and appointment of members of the Trustee Board:

The directors of the company are also charity Trustees for the purposes of charity law. At the end of the first year, all Trustees are required to retire, and one third will do so at subsequent Annual General Meetings. The Trustees have all received training on their responsibilities, and the Chair of Trustees is responsible for the induction of new Trustees, when the occasion arises. This involves ensuring awareness of a Trustee's responsibilities, the governing document and the work of the charity.

Organisational Structure:

The Trustees are responsible for setting policy and strategy. Day-to day management and running of the charity is delegated to Canon Dr Angus Ritchie, the Executive Director. The overall pay policy for staff is set by the Trustees, with benchmarking of pay to comparable roles in community organising and church leadership. The charity has no subsidiaries, but is a member of the Citizens UK community organising alliance. CTC has no direct volunteers, but supports churches and other organisations in recruiting and training volunteers for their community engagement.

Membership:

The membership of the charity currently comprises John Deacon, Vanessa Conant, Cecilia Dewu and Averil Pooten Watan

~~—~~ www.ctcuk.org

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Achievements and Performance

The Centre's work has continued to flourish and grow. Once again, the Trustees want to pay tribute to the dedication and creativity of the staff team and of the people and congregations with whom CTC works. The Centre’s growing impact is also a sign of the power of its methodology – developing local congregations and their leaders through community organising, rooted in theological reflection and prayer.

1. Organised Churches

CTC has three main strands of work focused on developing organising in Anglican, Roman Catholic and Pentecostal congregations. The past year saw our work captured and disseminated in three new reports, and a grant award that is enabling us to develop a new hub of work in the North West of England.

Our work in the Church of England centres on a programme on Harnessing the Potential of Community Organising for Congregational Growth. The pilot project helped churches develop deeper relationships of mutual understanding, solidarity and trust with neighbours of other religions and beliefs – at the same time as it helped those churches grow in number, depth and impact.

This year, we launched a report which told the story of churches on the project. This has provided the launching point for a new phase of work rolling out this approach across England, with a particular focus on children, young people and families, who were disproportionately impacted in the pilot. By the end of 2027, over 60 churches will have been engaged by this programme, and we are in conversation with the Methodist and United Reformed Churches about the application of this approach in their churches.

Our work with Roman Catholics saw the completion of a major research project on the “Three Rivers” of Synodality, Community Organising and Catholic Social Teaching”. This programme of participatory research helped us articulate the impact of our existing work with east London churches, explore the theological and spiritual foundations of “faith-filled community organising” and develop new work with Roman Catholics. In November 2024, we launched Not only with words… Synodality, Community Organising and Catholic Social Action - a report based on our research. This has led on to the engagement of Fr Sean Connolly as the Roman Catholic Church’s first “priest-organiser” (as part of our partnership with the Oblates of Mary Immaculate) and a grant from the Assumptionist Legacy Fund towards a new programme of work with young Catholics.

The William Seymour Programme is our parallel stream of work for Pentecostal churches, and early in 2025 we launched a video report on our work with three congregations which have been engaged more deeply in faith-filled organising over the past three years with support from the Halley Stewart and Hinchley Charitable Trusts. We are working to make the existing work locally owned and sustainable for the long term.

~~—~~ www.ctcuk.org

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2. Organised Leaders

The Wagstaff Course is a twelve session evening class in faith and organising, and is now integrated into work with local congregations. This year, we developed resources for participants for whom English is an additional language, initially with our shorter “Listen and Lead” course and then with the full Wagstaff Course - as part of a wider project developing migrant leaders.

With funding from Plater Trust, we are also piloting the “From Mercy to Justice” project at St Antony’s Catholic Church in Forest Gate. This seeks to engage and develop migrant leadership through first creating a ‘community of care’ and then moving onto justiceseeking activities as part of the local broad based organising alliance.

We continue to offer internships to graduates from outside east London through our Buxton Leadership Programme, and have piloted an Apprenticeship programme open to a wider range of leaders from local churches.

Our pioneering Multi Faith Chaplaincy at London Design and Engineering University Technical College (LDE UTC) in Newham continues to be a much-valued hub for developing young leaders.

It has led on to the development of a School of Faith and Organising for young people from churches - with our programme for Anglican parishes entering its second year, and a grant from the Assumptionist Legacy Fund enabling us to begin work in Roman Catholic parishes.

As part of our “roots down, walls down” approach, we have also delivered multi-faith leadership trainings, including ones specifically focused on young leaders.

3. Organised Neighbourhoods

Organised neighbourhoods

Our work in neighbourhoods focuses on strengthening the role of churches as anchor institutions for hyper-local organising and as catalysts for local action, training, and leadership development. Holy Trinity Church and St Barnabas’ Church continue to develop their work funded by the Mercers’ Fund, growing core teams of grassroots leaders who support ongoing work with asylum seekers and refugees, tackle food poverty, and develop partnerships with neighbouring institutions to improve local safety and connection.

Near Neighbours programme continues to support groups and organisations to develop social action and social interaction, creating opportunities for leadership development and new initiatives that bring people together across differences to build more cohesive and resilient communities. This is particularly important at a time of rising far-right activity and the spread of divisive narratives that increase tension.

~~—~~ www.ctcuk.org

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Our work in areas of high ethnic and religious diversity uses the tools of faith-filled organising as an effective approach for local transformation and leadership development. Through the Small Grants Programme, we delivered youth activities, intergenerational projects, creative arts and storytelling to build local pride and connection, and initiatives that develop entrepreneurial skills while supporting migrants and refugees.

Our partnership with Shpresa resulted in a special fund from Near Neighbours to develop a social mobility project for young people and their parents from migrant and refugee backgrounds. This work supports young people to build the skills needed for exams, and develops Parent Champions who share knowledge about the UK education system to help families navigate the transition from primary to secondary school.

We continue to work with our strategic partners, including Citizens UK, Church Urban Fund and the Warm Welcome Campaign, to strengthen our mission of bringing mercy and justice together. Our asset-based approach and faith-filled organising continue to generate impactful work across London and beyond.

Future Plans

The Trustees look forward to the future with confidence, with each of CTC’s areas of work in 2024-5 providing a basis for deeper work in east London in the years ahead – and the expansion of key strands of our approach across other parts of England and Wales and other faiths and communities. In the year ahead, our increased focus on participatory research to evaluate our work will bear fruit in new reports and teaching programmes.

In planning all these activities, the Trustees have had regard to the guidance on public benefit issued by the Charity Commission in December 2008.

Financial Review

The Charity's accounting period ended on 31 March 2025. Total income in the period came to £680k (2023/24 £598k) with expenditure of £644k (2023/24 £585k). There was a small deficit on unrestricted funds for the year of £1k (2023/24 £9k deficit).

Principal Funding Sources

The main funders for the year and income relating to the year for each funder are outlined in the accounts.

Conflicts of Interest

The Trustees regularly review potential conflicts of interest, and will be mindful of this in the recruitment and training of any new Trustees in the year ahead.

Investment Policy

The funds received during the period under review were not sufficient to justify separate investment.

~~—~~ www.ctcuk.org

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Reserves Policy The Trustees recognize the need for a reasonable level of reserves to protect the charity from fluctuations in funding and sudden emergency requirements. As indicated last year, our aim has been to build up free unrestricted reserves to three months' unrestricted costs. This would indicate a target of £21k based on 2024/25 unrestricted expenditure. Free, unrestricted reserve levels at the end of 2024/25 were at £49k) which is well above the target level (see note to the accounts 11).

The total funds of the Centre were £203k at 31[st] March 2025, comprising £60k of unrestricted and £143k of restricted funds.

Trustees therefore consider it to be appropriate to prepare the financial statements on a going concern basis as the charity is able to meet its day to day working capital requirements and this is not expected to change in the next year.

Risk Statement

The Centre conducts an annual review of operational risks. Key risks identified, and action taken to mitigate them, are as follows

Directors' Responsibilities

Charity law requires us as Directors to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.

We are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable us to ensure that the financial statements comply with the Companies Act 2006.

~~—~~ www.ctcuk.org

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We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Preparation of the report

This report of the Board of Trustees has been prepared taking advantage of the small companies exemption of section 415A of the Companies Act 2006.

Signed by:

Name: John Deacon, Company Secretary

Date: 8 December 2025

www.ctcuk.org ~~ee~~

www.ctcuk.org

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Centre for Theology and Community Limited

('the Company')

Independent examiner’s report to the Trustees of The Centre for Theology and Community Ltd

I report on the financial statements of the charitable company for the year ended 31 March 2025, which comprise the statement of financial activities, balance sheet, cash flow, related notes and are set out on pages 11 to 17.

Respective responsibilities of trustees and examiner

The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the 2011 Act). The charity is required by company law to prepare accrual based accounts.

Having satisfied myself that the charity is not subject to audit under part 16 of the 2006 Companies Act and is eligible for independent examination, it is my responsibility to:

This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters that I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to any other than the charity and the charity’s trustees as a body for my examination work, for this report or for the statements that I have made.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in Section 145 of the 2011 Act. I confirm that I an qualified to undertake the examination because I am a member of the Chartered institutute of Certified Accountants which is one of the listed bodies.

Page 9

have not been met; or

Derek Rodwell FCCA, (Fellow of the Chartered Association of Certified Accountants) Impact the Future Ltd, 117 Chestergate, Macclesfield, SK11 6DP

Date: 11[th] December 2025

Page 10

CENTRE FOR THEOLOGY AND COMMUNITY LIMITED

Statement of Financial Activities

FOR THE YEAR ENDED 31 MARCH 2025

Summary Income and Expenditure Account

Note
INCOME AND ENDOWMENTS FROM
Donations, grants and legacies
2
Incoming resources from charitable activities
Fee and consultancy income
Income from investments
Total income and endowments
3
EXPENDITURE ON
Charitable activities
Organised Churches
Organised leaders
Organised Neighbourhoods
Total expenditure
Net Movement in Funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
3,015
596,465
599,480
12,057
382,819
394,876
79,187
0
79,187
203,224
0
203,224
1,087
0
1,087
0
0
0
83,289
596,465
679,754
215,281
382,819
598,100
46,087
269,133
315,220
103,550
137,056
240,606
33,123
142,754
175,877
114,260
51,371
165,631
5,453
147,748
153,201
6,878
171,640
178,518
84,663
559,635
644,298
224,688
360,067
584,755
(1,374)
36,830
35,456
(9,407)
22,752
13,345
60,935
106,262
167,197
70,342
83,510
153,852
59,561
143,092
202,653
60,935
106,262
167,197

Movements on reserves and all recognised gains and losses are shown above.

Page 11

CENTRE FOR THEOLOGY AND COMMUNITY LIMITED

BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2025

Note Unrestricted Restricted Unrestricted Restricted 2025 2024
Funds Funds £ £
FIXED ASSETS £ £
Investments 5 10,000 0 10,000 10,000
Tangible assets 336 0 336 37
10,336 0 10,336 10,037
CURRENT ASSETS
Debtors 6 46,786 148,283 195,069 68,095
Cash at bank 7 9,284 3,320 12,603 108,524
56,069 151,603 207,672 176,619
CURRENT LIABILITIES
Liabilities falling due within one year 8 6,845 8,511 15,356 19,459
Net Current Assets/(Liabilities) 49,224 143,092 192,317 157,160
NET ASSETS/(LIABILITIES) 59,561 143,092 202,653 167,197
FUND BALANCES
Unrestricted funds 10
General Funds 59,561 59,561 60,935
Restricted Funds 10 143,092 143,092 106,262
59,561 143,092 202,653 167,197

For the period ended 31 March 2025, the company was entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

Responsibilities of directors/trustees:

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

Approved by the Directors and signed on their behalf on the by: 8th December 2025

TarnDeree ---------------------------------------

--------------------------------------John Deacon

Company number:

Charity number:

05848143

1121648

Page 12

Centre for Theology and Community Limited

Cash flow statement

For the year to 31st March 2025
Net income for the reporting period (as per statement of financial activities)
Adjustments for:
Depreciation charges
Write off of assets
(Increase)/decrease in value of debtors
Increase/(decrease) in value of creditors
Net cash from operating activities
Cash flows from investing activities
Purchase of fixed assets
Increase/(decrease) in cash in year
Reconciliation of net debt
Cash and cash equivalents-
Current accounts
Deposit accounts
Borrowings
Debt due within one year
Total		 2025
£
205
0
(126,974)
(4,104)		 2025
2024
2024
£
£
£
35,456
13,345
200
0
15,408
3,020
(130,873)
18,628
(504)
(95,921)
31,973
opening
cash flow
closing
01/04/2024
2024/25
31/03/2025
108,524
(95,921)
12,603
0
0
0		 2024
£
200
0
15,408
3,020		 2024
£
13,345
18,628
31,973
108,524
(95,921)
12,603
0
0
0
108,524
(95,921)
12,603

Page 13

CENTRE FOR THEOLOGY AND COMMUNITY LIMITED

Notes to the Accounts FOR THE YEAR ENDED 31 MARCH 2025

Accounting Policies

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless states in the relevant note(s). The The Centre for Theology and Community Limted (the "Charity" or "Company") meets the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention, with the exception that investments are included at fair value.

The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Reconciliation with previous Generally Accepted Accounting Policies

In preparing the accounts, the Trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP (FRS 102), any restatement was required to comparative or opening balances. No adjustments were considered necessary.

Donated and grant income:

Donated income and grants receivable are generally taken into account when received by the charity. Grant funding is also recognised in situations where entitlement to the funding is obtained by the charity but where funds have not been received (see note 6). In addition, elements of grants are deferred where performance related conditions are not met by the end of the accounting year (see note 9). Income received in circumstances where a claim for repayment of tax has been or will be made to HM Revenue & Customs is grossed up for the tax recoverable. Any amount of tax reclaimed from HM Revenue & Customs but not yet received is shown within the charity's debtors.

Other income and expenditure:

Investment income is taken into account when receivable.

Funds:

Unrestricted funds are donations and other income received or generated for the objects of the charity without specified purpose and are available for purposes as directed by the trustees. Restricted funds are amounts received where the donor has specified the purpose for which it should be used.

Fixed assets and depreciation:

Fixed assets acquired for use by the charity are capitalised and depreciated over their estimated useful life unless they cost less than £500 when they are written off on purchase.

Depreciation periods are as follows:

Freehold land Not depreciated Freehold buildings Over 50 years Equipment Between 3 and 7 years

Pension costs:

The company operates a defined contribution scheme for certain employees. Pension premiums are charged as they are paid.

Taxation

The company is a registered charity and is exempt from taxation under the Income & Corporation Taxes Acts.

Cashflow statement

The company has taken advantage of the exemption provided by the Financial Reporting Standard 1 and has not prepared a Cash Flow Statement for the year.

Investments

Investments are a form of basic financial instrument and are initially recognised at their transactional value and subsequently measured at their fair value as at the balance sheet date. The Statement of Financial Activities inludes net gains and losses arising on revaluations and disposals throughout the year.

Going concern

The Trustees believe the charity to be a going concern because most staff members come with funding, and are only on contract for the period of that funding. The charity has managed to secure an increasing number of these grants which are guaranteed across several years.

Allocation of support costs

Central and admin costs (support costs) are allocated to activities based on the total staff costs for each activity.

Voluntary income
Grants
General donations
Income by activity 2024-25
Grants
Donations
Fees and sales
Total
Income by activity 2023-24
Grants
Donations		 Unrestricted
Funds
£
0
3,015		 Restricted
Total
Unrestricted
Restricted
Total
Funds
2025
Funds
Funds
2024
£
£
£
£
£
593,871
593,871
9,150
380,719
389,869
2,594
5,610
2,907
2,099
5,007
3,015 596,465
599,481
12,057
382,819
394,876
General
Churches
Leaders
Neighbourhoods
Total
0
282,831
143,042
167,999
593,871
3,015
0
2,594
0
5,609
0
51,089
28,099
0
79,187
3,015
333,919
173,735
167,999
678,667
General
Churches
Leaders
Neighbourhoods
Total
5,000
152,083
33,047
199,739
389,869
2,907
0
2,099
0
5,006

Page 14

Fees and sales
Total		 0
117,239
85,986
0
203,224
7,907
269,322
121,132
199,739
598,100

EXPENDITURE BY ACTIVITY 2024-25

Organised Churches
Organised leaders
Organised Neighbourhoods
Allocation of staff costs including training,expenses, etc
Allocation of central admin costs
Totals
EXPENDITURE BY ACTIVITY 2023-24
Organised Churches
Organised leaders
Organised Neighbourhoods
Allocation of staff costs including training,expenses, etc
Allocation of central admin costs
Totals
Analysis of costs
Direct Charitable Costs
Staff & Management costs
Consultants
Office costs
Software & IT
Printing, postage and stationery
Projects - General Expenses
Travel and subsistence
Training/Development
Event Costs
Grants given
Support Costs
Rent, rates and utilities
Office costs
Software & IT
Printing, postage and stationery
Repairs and maintenance
Overheads
Event Costs
Staff & Management costs
Insurance
Legal Costs
General expenses
Travel and subsistence
Accountancy and payroll
See note
Independent Examination
Training/Development
Combined charitable activity cost		 Unrestricted
Restricted
Funds
Funds
£
£
55,278
403,915
0
29,339
0
0
56
4,025
46
103
3,965
8,331
2,164
4,388
1,395
30,821
450
576
0
300		 Direct costs Staff costs
Central
admin costs
Total costs
2024-25
2024-25
2024-25
2024-25
£
£
£
£
69,908
201,751
43,561
315,220
5,757
139,911
30,209
175,877
10,295
117,531
25,377
153,201
85,959
459,193
99,147
644,299
459,193
(459,193)
0
99,147
(99,147)
0
644,299
0
0
644,299
Direct costs Staff costs
Central
admin costs
Total costs
2023-24
2023-24
2023-24
2023-24
£
£
£
£
38,025
166,642
35,939
240,606
10,425
127,671
27,535
165,631
55,908
100,859
21,752
178,518
104,358
395,172
85,226
584,755
395,172
(395,172)
0
85,226
(85,226)
0
584,755
0
0
584,755
Total
Unrestricted
Restricted
Total
2025
Funds
Funds
2024
£
£
£
£
459,193
192,656
202,515
395,172
29,339
0
61,667
61,667
0
0
0
0
4,082
222
1,422
1,644
148
341
289
631
12,296
311
3,664
3,975
6,552
942
2,470
3,412
32,216
3,264
29,566
32,831
1,026
0
200
200
300
0
0
0
63,355
481,798		 545,152
197,737
301,793
499,530
Unrestricted
Restricted
Funds
Funds
£
£
12,960
0
115
0
5,273
0
164
0
0
0
(77,837)
77,837
0
0
30,464
0
2,354
0
5,581
0
4,421
0
10,578
0
14,825
0
1,800
0
10,612
0		 Total
Unrestricted
Restricted
Total
2025
Funds
Funds
2024
£
£
£
£
12,960
15,535
0
15,535
115
0
0
0
5,273
3,315
0
3,315
164
141
0
141
0
0
0
0
0
(58,274)
58,274
0
0
201
0
201
30,464
22,202
0
22,202
2,354
2,310
0
2,310
5,581
5,216
0
5,216
4,421
5,995
0
5,995
10,578
1,356
0
1,356
14,825
14,724
0
14,724
1,800
1,800
0
1,800
10,612
12,431
0
12,431
21,310
77,837		 99,147
26,953
58,274
85,226
84,665
559,635		 644,300
224,689
360,067
584,756

Page 15

Note: The above figures include a charge of £1,800 (2023-24 £1,800) for the preparation and independent examination of the annual accounts

Staff & Trustees

& Trustees
Gross wages, salaries & benefits in kind
Employer's National Insurance costs (net of employers allowance)
Pension costs
Total staff costs		 2024-25
2023-24
£
£
429,375
365,495
35,704
28,423
21,563
14,173
486,642
408,091

The charity has 11.3 full time equivalent employed staff (2023/24: 9.9). Average numbers of staff employed came to 16 in 2024-25 (14 in 2023/24) No staff received salaries at a rate of more than £60,000 per annum. Angus Ritchie is considered to be key management personnel. Total remuneration, including pension, paid to key management is £57,212 (2024:£54,458).

No remuneration was paid to any trustee during the year nor to any person connected to them. No expenses incurred in their role as a trustee were paid to any trustee.

Tangible Fixed Assets

Cost
At 1 April 2024
Additions
At 31 March 2025
Accumulated Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 1 April 2024		 Program related
Investments
Computer
equipment
Total
& furniture
2025
£
£
10,000
3,541
13,541
-
504
504
10,000
4,045
14,045
-
3,504
3,504
-
205
205
-
3,709
3,709
10,000
336
10,336
10,000
37
10,037

The charity has a program related investment in the unlisted share capital of Clean for Good Ltd. The £10,000 investment is less than 20% of the issued share capital and does not therefore constitute a subsidiary, joint venture or associate of the Charity. The Trustees assessed the fair value of the company based on the net book value as at the balance sheet date and projected income for the next accounting period. A dividend of £1,087 was received from Clean For Good in 2024/25.

balance sheet date and projected income for the next accounting period. A dividend of £1,087 was received from Clean For Good in 2024/25.
Debtors and Prepayments
Trade debtors
Accrued income
Prepayments		 2025
2024
£
£
169,219
61,729
25,653
6,000
197
366
195,069
68,095

Accrued income represents amounts receivable where entitlement for grant funding is obtained by the charity, normally when the offer of funding is communicated in writing by the grantor, but payment has not been received by the year end.

Cash at Bank and in Hand
Bank operating accounts
Creditors: liabilities falling due within one year
Trade creditors
Accruals		 2024-25
2023-24
£
£
12,603
108,524
12,603
108,524
3,337
361
12,020
16,078
15,357
16,439

Restricted Funds

The restricted funds represent amounts received for specific purposes and the movements in the year are as follows:

Closing Closing Incoming Outgoing Closing Incoming Outgoing Closing
balance resources resources balance resources resources balance
31/03/2023 2023-24 2023-24 31/03/2024 2024-25 2024-25 31/03/2025
£ £ £ £ £ £ £
Assumptionist Legacy Fund 0 0 0 0 29,025 (22,893) 6,132
Benefact Trust 0 0 0 0 15,000 (7,742) 7,258
Bishop of Barking (Diocese of Chelmsford) 0 0 0 0 6,250 (6,250) 0
Buxton 180 0 1,809 (1,809) 0 2,594 (2,594) 0
Camellia Founation 6,000 12,500 (18,500) 0 12,500 (12,500) 0
ChristChurch Three Mills 0 0 0 0 3,000 (3,000) 0

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Church of England/Archbishops Grant- SDF
Church Urban Fund (Near Neighbours)
Civic Power Fund
Diocese of Chelmsford
Diocese of Southwark
East & Community Foundation
Hinchley Charitable Trust
Individual donations
Joseph Rank Trust
Lillian Nash
London Community Land Trust
London Diocesan Fund
MB Reckitt
Mercers Company
Near Neighbours (CUF)
Oblate of Mary Immaculate- Anglo-Irish
Plater Trust
Three Rivers Project
Sir Halley Stewart
St Katherine's Cree
St Thomas Church
Trust For London
Total		 4,186
27,000
(14,996)
16,190
93,675
(50,306)
59,559
0
0
0
0
5,000
(5,000)
0
8,000
32,000
(5,056)
34,944
23,500
(41,691)
16,753
0
0
0
0
233,391
(207,839)
25,552
0
0
0
0
8,000
(8,000)
0
0
0
0
0
4,000
(1,148)
2,852
0
7,500
(7,500)
0
0
0
0
0
290
(290)
0
0
0
0
0
0
0
0
12,500
(12,457)
43
2,283
0
(1,566)
717
0
(717)
0
0
0
0
0
6,000
(6,000)
0
0
0
0
0
23,237
(23,237)
0
0
0
0
0
3,000
(3,000)
0
0
30,000
(30,000)
0
25,000
(7,178)
17,822
0
31,239
(31,239)
0
33,791
(29,327)
4,464
16,523
30,000
(46,523)
0
30,000
(30,000)
0
0
0
0
0
11,250
(11,250)
0
0
85,388
(49,767)
35,621
0
(35,621)
0
0
29,688
(20,097)
9,591
0
(9,591)
0
45,181
0
(45,181)
0
0
0
0
0
15,404
(12,747)
2,657
15,752
(15,752)
2,657
1,336
80,000
(74,796)
6,540
0
(6,540)
0
83,510
382,819
(360,067)
106,262
596,465
(559,634)
143,092

Restricted fund descriptions

The Benefact Trust grant is for congregational development work in the North West of England

The Bishop of Durham grant is towards the co-ordination of the Buxton programme

The Buxton 180 fund relates to donations in support of interns and staff working on the Buxton Leadership Programme and those who supervise them.

The Camellia Foundation grant is supporting the advancement of the affordable housing campaign in Shadwell, and a social action project in St Antonys's Catholic Church in Forest Gate

The grants from the Church of England are towards harnessing the potential of community organising for congregational growth

The Church Urban Fund is funding CTC’s delivery of the Near Neighbours programme which seeks to promote engagement across faiths and cultures in eastern London.

The Citizens UK grant went towards neighbourhood organising

The Civic Power grant is towards neighbourhood organising work

The Diocese of Chelmsford gave towards harnessing the potential of community organising for congregational growth, and a grant towards the running of the multi-faith chaplaincy at London Design and Engineering University Technical College

The Hinchley Charitable Trust gave towards the development of community engagement in pentecostal churches and the Buxton leadership programme

The James Knott Trust grant is for community organising training for churches engaging with food poverty

The Lilian Nash Will Fund is supporting theological education

The London Community Land Trust Grant went towards the neighbourhood organising project

The Mercers Company grant is towards neighbourhood organising

The grant from the Oblate of St Mary Immaculate was given towards CTC’s work with Roman Catholic churches and migrant workers The Plater Trust grant is towards a social action project in St Antonys's Catholic Church in Forest Gate

The Three Rivers Project is researching the relationship between Synodality, community organising and Catholic Social teaching

The grant from the Sir Halley Stewart Trust went toward the Pentecostal learning and Buxton leadership projects

The grants from St George in the East are towards mentoring on church growth and action for affordable housing, Buxton Leadership scheme and the youth organising programmes

The grant from St Katherine's Cree went towards the Eastminster Project

The St Thomas Church grant is for the Migrant Voices Project

The Trust for London grant went towards the cost of a community organising and co-design project to develop two adjacent pieces of land for permanent genuinely affordable homes, new spaces for the community, and potentially temporary accommodation for homeless people.

Analysis of Net Assets between Funds

Analysis of Net Assets between Funds
Fixed Assets
Current assets
Current liabilities
Net Assets		 Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
2024-25
2024-25
2024-25
2023-24
2023-24
2023-24
10,336
0
10,336
10,037
0
10,037
56,069
151,603
207,672
64,705
111,914
176,619
(6,845)
(8,511)
(15,356)
(13,807)
(5,652)
(19,459)
59,561
143,092
202,653
60,935
106,262
167,197

Events since the year end

None

Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

Related Party Transactions

The Rev Vanessa Conant is a trustee and is also the Vicar at St Mary’s Walthamstowe. St Mary's received income from CTC in 2023/24 of £6,250 (24/25 nil) to help cover the staff costs for the project 'Harnessing the Power of Organising for Church Growth'.

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