Yorkshire Theological Education Partnership
a Charitable Incorporated Organisation (CIO)
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Charity Registration No. 1157739
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Yorkshire Theological Education Partnership
Year Ended 31 August 2023
| CONTENTS | |
|---|---|
| Page | |
| Trustees' Report | 1 to 4 |
| Independent Examiners' Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the accounts | 8 to 10 |
Accounts prepared by Forrest Burlinson Chartered Accountants, Dewsbury
Yorkshire Theological Education Partnership Trustee's Annual Report for the year ended 31 August 2023
Charity Registration No. 1157739
The trustees present their report and accounts for the year ended 31 August 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 and comply with the charity's constitution, the Charities Act 2011 and '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)'.
Purpose and activities
The objects of the charity are:
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1) To advance education for the public benefit in ministerial education and for both ordained and lay members of the Christian Churches; and
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2) The advancement of theological and ministerial education and training for those with a personal interest.
Statement on public benefit
The trustees are pleased to confirm that they have considered the Charity Commission's guidance on public benefit and believe that YTEP fulfils the requirements for this.
YTEP co-ordinates theological education across the whole of Yorkshire and beyond on behalf of the Anglican dioceses of Leeds and York, and three other training providers – Church Army, the College of the Resurrection and St Hild College. The programmes offered by the partnership are validated by Durham University and form part of what is known nationally as the Common Awards Scheme for theological education.
| Charity Name: | Yorkshire Theological Education Partnership (CIO) | |
|---|---|---|
| Also known as: | YTEP | |
| Charity Number: | 1157739 | |
| Charity Office: | The Mirfield Centre, Stocks Bank Road, Mirfield WF14 0BW | |
| Email: | ytep@mirfield.org.uk | |
| Members: | The Diocesan Board of Finance of the Diocese of Leeds | |
| The Diocesan Board of Finance of the Diocese of York | ||
| St Hild College | ||
| Church Army | ||
| The College of the Resurrection | ||
| Trustees: | Bishop Anthony W Robinson (Chair) | |
| Bishop Mark CR Sowerby (College of the Resurrection) | ||
| Rev'd Dr. Ian MacDonald McIntosh (Diocese of York) | ||
| Rev'd Canon Andrew Norman (Diocese of Leeds) | appointed March 2023 | |
| Rev'd Canon Dr. Hayley Matthews (Diocese of Leeds) | retired March 2023 | |
| Rev'd Canon Dr. Mark Powley (St Hild College) | retired April 2023 | |
| Dr. Daniel McGinnis (St Hild College) | appointed April 2023 | |
| Dr. Timothy James Monkton Ling (Church Army) | ||
| Academic Co-ordinator: | ||
| Martine Somerville | retired December 2022 | |
| Rev'd Canon Dr. Gary Wilton (secondment Church Army) | appointed January 2023 | |
| Advisers: | ||
| Bankers: | CAF Bank Ltd 25 Kings Hill Avenue, |
West Malling, ME19 4JQ |
| Accountants: | Forrest Burlinson 20 Owl Lane, Dewsbury, WF12 7RQ |
|
| Independent Examiner: Darren Broadbent FCA |
Page 1
Yorkshire Theological Education Partnership Trustee's Annual Report for the year ended 31 August 2023
Charity Registration No. 1157739
Review of achievements and performance
Developmental work during 2022/23 included continuing advancements in digital pedagogy, and the sharing of other good academic practice across Centres, particularly in relation to equality, diversity and inclusion, and racism issues. It also included the integration of a new St Hild Lincoln Centre (previously the Lincoln School of Theology).
All of the above was supported by the strengthening of the collegial culture between the partner institutions, the strengthening of stakeholder communication and the consolidation of the working relationship with the Common Awards Team at Durham University. It also included the adoption of a more pro-active approach to team working between YTEP postholders.
Partners organisations
Canon Andrew Norman, Director of Ministry and Mission in the Diocese of Leeds replaced Canon Dr. Hayley Matthews on her appointment as Archdeacon of Wrexham from March 2023.
Dr. Daniel McGinnis, Principal of St Hild succeeded Canon Dr. Mark Powley on his appointment as Archbishop’s Mission Enabler in the Northern province from April 2023.
YTEP leadership and staffing
Canon Dr. Gary Wilton was seconded from Church Army to succeed Rev’d Janet Williams, from St. HIld College, as Chair of YTEP’s Common Awards Management Committee (CAMC).
Canon Wilton also agreed to an additional secondment to serve as interim Academic Co-ordinator following Mr Sommerville’s retirement. Mrs Lynne Gordon-Taylor continued in post as Administrative Officer working responsively to procedural streamlining and changes in organisational culture.
Heads of Centres: Church Army Dr. Elli Wort succeeded Canon Wilton as Head of Initial Training from March 2023. College of the Resurrection Bishop Mark Sowerby St Hild College Dr. Daniel McGinnis succeeded Canon Dr. Mark Powley from April 2023. Leeds School of Ministry Canon Andrew Norman succeeded Canon Dr. Hayley Matthews from March 2023. York School of Ministry Mrs Lynn Comer
Curriculum
YTEP's eighth year of operation as a Theological Education Institution (TEI) saw the partner Centres continuing to deliver Common Awards programmes in a variety of modes to a diverse range of students, including those aiming for ordination (both C of E and Baptist) or lay ministry, and some who are independent. They continued to refresh their curriculum with new module options and amended delivery and assessment patterns.
The College of the Resurrection began delivering a new MA in Worship and Liturgical Studies from September 2022, while St. Hild College began to offer the new MA in Contemporary Christian Leadership, with a slant towards church planting to complement its other work in this area.
Students and their outcomes
The number of students registered on programmes at the beginning of academic year 2022/23, or starting during the year was 275 (2021/22: 278; 2020/21: 311; 2019/20: 312).
During 2022/23:
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26 students completely withdrew early from their programme (11 in 2021/22; 20 in 2020/21; 11 in 2019/20).
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14 students suspended their studies for all or part of the year (22 in 2021/22; 21 in 2020/21).
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Yorkshire Theological Education Partnership Trustee's Annual Report for the year ended 31 August 2023
Charity Registration No. 1157739
It is likely that the continuing raised profile of withdrawals and suspensions relates at least in part to COVID-19 and the consequent pressures on students’ health and/or capacity to fit in part-time studies alongside often increased work and church responsibilities. The high average age of students may mean that they are more prone to health pressures than the population as a whole.
243 student profiles were presented to the Board of Examiners for progression or award decisions in June or October 2023 (250 in 2022; 275 in 2021).
| October 2023 (250 in 2022; 275 | in 2021). | |
|---|---|---|
| Awards recommended | 2022 | 2023 |
| No Award | 13 | 16 |
| Foundation Award | 5 | 14 |
| Cert HE (TMM) | 13 | 29 |
| Cert HE 180 (CMM) | 9 | 5 |
| Dip HE | 14 | 15 |
| BA Ordinary | 3 | 0 |
| BA Honours | 10 | 18 |
| Grad Cert | 4 | 5 |
| Grad Dip | 10 | 6 |
| PG Cert | 6 | 5 |
| PG Dip | 4 | 8 |
| MA | 13 | 10 |
| Total Awards | 91 | 115 |
Feedback received from the external examiner was complimentary about the quality of student work, assessment standards and the feedback provided to students by tutors. Positive feedback was also received from the Common Awards Team.
Financial review and reserves policy
The structure of fees introduced in 2019 continued to apply in 2022/23, with fees charged by YTEP to Centres adjusted in the light of changing student numbers and expenditure levels, thus enabling effective control of the endof-year balance. Meeting and travel expenses have settled at a lower level long-term due to changed working patterns following the pandemic.
Unrestricted reserves as at 31 August 2023 stood at £61,882 (2022: £57,749), sufficient to cover over 11 months' regular expenditure (excluding Durham University's annual fees of about £23,000) in the unlikely event of no income being received. This complies with the trustees' reserves policy, which requires a minimum of one half of YTEP's average annual expenditure for the preceding three years to be available in reserves.
Future plans
YTEP is continuing to respond positively and creatively to national initiatives in relation to EDI and racism. This will go forward into 2024.
Preparations will begin for YTEP’s next Periodic External Review by the Church of England Ministry Development Team and Durham University, due to take place in the second half of 2024.
St. Hild College and Leeds School of Ministry are close to finalising details of a partnership agreement to be inaugurated in September 2024.
The YTEP staffing structure and ways of working are currently being reviewed with the intention of implementing changes, as agreed by the Trustees, during 2024.
Page 3
Yorkshire Theological Education Partnership Trustee's Annual Report for the year ended 31 August 2023
Charity Registration No. 1157739
Charitable Incorporated Organisation (CIO) - structure, governance and management
The charity is governed by its CIO Constitution and was registered with the Charity Commission for England and Wales on 7 July 2014 as a Charitable Incorporated Organisation (CIO). Appointment of trustees is governed by the CIO Constitution and made by the member organisations.
The CIO has power to do anything in the furtherance of its objects or that is conducive or incidental to doing so. Membership of the CIO is open to anyone or any organisation, subject to the approval of the trustees, who is interested in furthering its purposes and applies for membership in agreement and acceptance of the duties of members as set out in the CIO Constitution.
The members of the CIO have no liability to contribute to its assets and no responsibility for settling its debts and liabilities in the event the CIO is wound up.
The day-to-day running of YTEP is delegated to the Chair of the Management Committee, including line management of the post of Academic Co-ordinator.
The charity recognises that it has a responsibility to provide guidance and assist new trustees in fulfilling their duties and responsibilities. This is done in accordance with Charity Commission guidance.
Trustees' responsibilities in relation to the financial statements
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and regulations and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period.
In preparing financial statements, the trustees are required to:
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l select suitable accounting policies and apply them consistently; l observe the methods and principles in the Charities SORP; l make judgements and estimates that are reasonable and prudent; l state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
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l prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and that enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations and the provisions of the CIO's constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
Approved by the Board of Trustees on 13 December 2023 and signed on their behalf by:
………………………………………………………………………….. Dr. Timothy James Monkton Ling Trustee, Yorkshire Theological Education Partnership
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Yorkshire Theological Education Partnership Independent Examiner's Report to the trustees of Yorkshire Theological Education Partnership
Charity Registration No. 1157739
I report on the accounts of the Yorkshire Theological Education Partnership CIO for the year ended 31 August 2023, which consist of the Statement of Financial Activities, the Balance Sheet and accompanying notes.
Responsibilites and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
The trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
I report in respect of my examination of the Charitable Incorporated Organisation (CIO)'s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
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2) the accounts do not accord with those records; or
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3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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
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.
Use of my report
This report is made solely to the charity's trustees, as a body. My work has been undertaken so that I might state to the charity's trustees those matters 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 anyone other than the charity and the charity's trustees as a body, for my work, for this report, for the statements I have made, or for the opinions I have stated.
……………………………………………………… Darren Broadbent
dated: 13 December 2023
Member of the Institute of Chartered Accountants in England and Wales for and on behalf of Forrest Burlinson Chartered Accountants 20 Owl Lane, Shawcross, Dewsbury, WF12 7RQ
Page 5
Yorkshire Theological Education Partnership Statement of Financial Activities for the year ended 31 August 2023
Charity Registration No. 1157739
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Unrestricted Restricted Total Total
Funds Unrestricted Funds Funds
2023 2023 2023 2022
Note £ £ £ £
Income
From Charitable Activities:
Fees and Diocesan Contributions 92,320 -- 92,320 89,329
Investment income - bank interest 90 -- 90 3
92,410 -- 92,410 89,332
Total income 92,410 -- 92,410 89,332
Expenditure:
On Charitable Activities:
Tuition fees 23,770 -- 23,770 22,788
Salaries and employment costs 38,480 -- 38,480 54,570
Room hire and catering 1,315 -- 1,315 893
Travel expenses 747 -- 747 160
Administration and office costs 5,123 -- 5,123 3,477
Fees re CAMC Chair and acting co-ordinator 17,917 -- 17,917 5,000
Accounting fees 925 -- 925 900
Total expenditure on charitable activities 88,277 -- 88,277 87,788
Total expenditure 88,277 -- 88,277 87,788
Net movement in funds 4,133 -- 4,133 1,544
Reconciliation of funds:
Total funds brought forward 57,749 -- 57,749 56,205
Total funds carried forward 6 61,882 -- 61,882 57,749
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The statement of financial activities includes all gains and losses recognised in the year and the prior year. All income and expenditure derives from continuing activities.
Page 6
Yorkshire Theological Education Partnership Balance Sheet as at 31 August 2023
Charity Registration No. 1157739
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Unrestricted Restricted Total Total
Funds Unrestricted Funds Funds
2023 2023 2023 2022
Note £ £ £ £
Current assets:
Debtors -- 8,162
Cash at bank and in hand 63,421 63,421 51,439
Total current assets 63,421 63,421 59,601
Liabilities:
Creditors falling due within one year 4 (1,539) -- (1,539) (1,852)
Net current assets 61,882 61,882 57,749
Total net assets 61,882 61,882 57,749
The funds of the charity:
Unrestricted funds 6 61,882 -- 61,882 57,749
Total charity funds 61,882 61,882 57,749
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The notes on pages 8 to 10 form part of these accounts.
Approved by the trustees on 13 December 2023 and signed on their behalf by:
…………………………………………… Dr. Timothy James Monkton Ling Trustee Yorkshire Theological Education Partnership
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Charity No. 1157739
Yorkshire Theological Education Partnership Notes to the Financial Statements for the year ended 31 August 2023
1 Accounting policies
The Charity is a public benefit entity as defined by FRS 102.
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
1.1 Basis of preparation of accounts
The accounts are prepared under the historical cost convention and include the results of the Charity's operations which are described in the Trustees' Annual Report and all of which are continuing. The accounts have been prepared in accordance with the Statement of Recommended Practice: ' Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ' (Charity SORP), and with FRS 102, applying the disclosure requirements of section 1A other than where additional disclosure is required by the Charity SORP or in order to show a true and fair view, and the Charities Act 2011 and applicable regulations. The accounts are presented in UK pounds.
1.2 Legal status
The Charity is a Charitable Incorporated Organisation (CIO). The members of the CIO are detailed in the Trustees' Annual Report, as are the names of the trustees of the Charity.
1.3 Funds structure
Unrestricted income funds comprise those funds which the Charity is free to use for any purpose in the furtherance of the charitable objects. Restricted funds are subject to specific restrictions, which the donor, legatee or other third party has specified are to be solely used for particular areas of the Charity's work or for specific projects undertaken by the Charity. There are presently no restricted funds.
1.4 Recognition of income
Income is included in the Statement of Financial Activities when:
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the Charity has entitlement to the funds;
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any performance conditions attached to the item(s) of income have been met or are fully within the control of the Charity;
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it is probable that the income will be received; and
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the amount can be measured reliably.
Income received in advance of the provision of a service or entitlement is deferred until the criteria for income recognition are met and disclosed if material in the notes to the accounts.
Income and expenses are not offset, unless permitted by the Charity SORP and FRS 102.
1.5 Expenditure, liability recognition and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure on charitable activites includes the costs of tuition fees, providing courses, premises expenses and associated support costs. Expenditure includes VAT which is not recoverable by the Charity.
1.6 Pension costs
Payments to a defined contribution pension scheme for staff are charged as an expense as they fall due.
1.7 Taxation
No tax has been provided in these accounts because the trustees believe that the income and gains of the charity are within the exemptions granted for charities.
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Yorkshire Theological Education Partnership Notes to the Financial Statements …...continued for the year ended 31 August 2023
Charity Registration No. 1157739
1.8 Support costs
All costs on these accounts directly relate to the one charitable activity.
Support costs totalled £6,048 (2022: £4,377) and consist of the administrative costs and accounting fees. These include governance costs of £925 (2022: £900).
1.9 Debtors
Debtors are recognised at the settlement amount due after any discount offered.
1.10 Cash at bank and in hand
Cash at bank and in hand includes cash and any short term highly liquid investments and deposit accounts.
1.11 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
1.12 Material uncertainties and going concern
There are no material uncertainties about the Charity's ability to continue as a going concern.
2 Net Movements in funds for the year
The net movement in funds for the year is stated after charging:
| Accountants fees for independent examination Accountants fees for accounting services 3 Staff costs Wages and salaries Social Security costs Employers pension contributions |
2023 £ 300 625 2023 £ 37,469 -- 875 38,344 |
2022 £ 300 600 2022 £ 52,620 745 1,204 54,569 |
|---|---|---|
The monthly average number of persons employed during the year was 1 (2022: 2) No employee received employee benefits of more than £60,000.
| 4 Creditors falling due within one year Tax and social security Accruals for expenditure |
2023 £ 554 985 1,539 |
2022 £ 780 1,072 1,852 |
|---|---|---|
5 Securities and charges
The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at the end of the year and the prior year, the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO.
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Yorkshire Theological Education Partnership Notes to the Financial Statements …...continued for the year ended 31 August 2023
Charity Registration No. 1157739
6 Analysis of charitable funds - unrestricted funds
| Funds as at 1 September 2022 £ General fund 57,505 Designated fund - C.L.A.Y. 244 |
Funds as at 31 August Income Expenditure Transfers 2023 £ £ £ £ 92,410 (88,277) -- 61,638 -- -- -- 244 |
|---|---|
| Total unrestricted funds 57,749 |
92,410 (88,277) -- 61,882 |
| Total funds 57,749 |
92,410 (88,277) -- 61,882 |
| Analysis of movements in unrestricted funds - prior year: Funds as at Funds as at 1 September 31 August 2021 Income Expenditure Transfers 2022 £ £ £ £ £ General fund 55,961 89,332 (87,788) -- 57,505 Designated fund - C.L.A.Y. 244 -- -- -- 244 |
|
| Total funds 56,205 |
89,332 (87,788) -- 57,749 |
The general fund is available to be spent for any of the purposes of the charity. Designated fund - C.L.A.Y. (Christians Learning Across Yorkshire), funds were transferred to YTEP in 2016, the trustees have designated these to be held in a separate fund.
7 Trustees' remuneration and expenses
The trustees received no emoluments or expenses in the year, or the comparative year.
8 Related party transactions
There were no related party transactions that require disclosure within the requirements of the Charity SORP paragraphs 9.13 to 9.17.
The CIO has taken advantage of the exemption permitted by FRS 102 section 33 not to provide disclosures of transactions entered into with its member organisations.
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