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2024-04-02-accounts

Theology School

Theology School provides free Christian education to pastors and ministers worldwide. In 2023-2024, it expanded its mission by supporting Swindon Church, a new church plant in Swindon, UK. The charity aims to equip leaders with theological training and strengthen Christian communities globally. In 2023-2024, Theology School provided free online theological education to pastors and ministers worldwide. It also supported Swindon Church by funding ministry resources such as Christian education materials (e.g., booklets, leaflets), marketing costs for utreaches, venue hire for Sunday services, and virtual meeting facilities like Zoom. These activities promote Christian education, leadership development, and community outreach, benefiting both global and local faith communities. The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Comission in determining the activities undertaken by the Charity.

In 2023-2024, Theology School provided free theological education to hundreds of pastors and ministers globally, equipping them for effective ministry. It also supported Swindon Church by funding resources, venue hire, and outreach efforts, enabling it to establish a local Christian community. These activities have strengthened church leadership, facilitated gospel outreach, and contributed to the spiritual and social well-being of communities, local and worldwide.

At the end of the period, Theology School remained financially stable, with all income sourced from £1,000 in donations from its trustees. These funds supported free theological education, ministry resources, venue hire, outreach initiatives, and virtual meeting facilities. The cash balance carried forward into 2023 was £290.48. After expenditures aligned with the charity’s objectives, the cash balance carried forward to 2024 is £233.84, with zero reserves. No significant financial risks were identified, and the charity continues to operate on a donation-funded model. Theology School does not hold reserves, as all funds received are used directly to support its charitable activities, including free theological education, ministry resources, venue hire, outreach initiatives, and virtual meeting facilities. The charity operates on a donation-funded model, with trustees providing financial support as needed to sustain its mission.

Zero

Theology School holds zero reserves because it operates on a donation-funded model, where all funds are used immediately to support its activities. The charity’s financial position is sustained through ongoing donations from trustees, ensuring funds are allocated directly to providing theological education, ministry resources, and supporting outreach initiatives. As a result, there is no need to hold reserves, as the charity’s funding needs are met on a regular basis.

Not applicable.

Not applicable.

CIO foundation constitution. Charitable incorporated organisation. According to the CIO constitution registered with the Charity Commission in England and Wales (reg. no. 1179909), every charity trustee must be appointed by a resolution of the charity trustees; and, in selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective adminstration of the CIO.

Theology School N/A 1179909 27 Sandhill, Shrivenham, SN6 8BQ

Brendon Naicker Yan Shan Chen

6018 Reference and Administrative details (cont) Coiporate trustees - names of the directors at the date the repoit was appioved Director name NIA Name of trustees holding title to property belonging to the charity Tfustee name Dates acted if not for whole year NIA charity Accoun15 tetntlates-TtU51ees' an[￿￿1 wfoi period Ixtober 2016

7018 Funds held as custodian trustees on behalf of others Description ol the assets held in this capacity NIA Name and objects ol the chaiily on whose behalf the assels are held and how th15 la115 within the cuslodian (harily's objects Details ol airangemenls lor sale custody arld segregation ol such assets from Ihe (harily's own assets NIA NIA Additional information (optional) Names and addresses of advisers (Optional informalion) Type of adviser Name Address Name of (hief executive or names of senior staff members (Optional information) Exemptions from disclosure Reason loi non-d15(losure ol key peisonnel delails other optional information charity Accoun15 tetntlates-TtU51ees' an[￿￿1 wfoi period Ixtober 2016

Brendon Naicker Yan Shan Chen Chair Secretary 29/01/2025

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Theology School Charity No 1179909
Company No
Annual accounts for the period
Period end
Period start date To
03/04/2023 date 02/04/2024
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Section A Statement of financial activities (including summary income and expenditure account)

Guidance Note
S01
S02
S03
S04
S05
S06
S07
Expenditure (Notes 6)
Expenditure on:
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
Extraordinary items
S18
S19
S20
Other gains/(losses)
S21
S22
Reconciliation of
funds:
S23
S24
Total funds brought forward
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
Total funds carried forward
Total
Net income/(expenditure) after tax
before investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Total
Recommended categories by activity
Income (Note 3)
Income and endowments from:
Charitable activities
Other trading activities
Net movement in funds
Other recognised gains/(losses):
Net income/(expenditure) before tax for
the reporting period
Raising funds
Separate material item of income
Other
Other
Donations and legacies
Investments
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
290
-
-

Total funds
Prior year
funds
£
£
F04
F05
1,000
-
-
-
-
-
-
-
-
290
-
1,290
-
-
1,290
-
-
-
-
1,056
-
-
-
-
-
-
-
1,056
-
-
-
1,056
-
-
1,056
-
234
-
-
234
-
-
-
-
-
-
234
-
-
234
-
-
-
-
-
-
234
-
-
234
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
234
-
-
234
-
-
-
-
-
-
234
-
-
234
-
Theology School Theology School Charity No
1179909

Section B Balance
sheet
Guidance Note
Fixed assets
Intangible assets (Note 15)
B01
Tangible assets (Note 14)
B02
Heritage assets (Note 16)
B03
Investments (Note 17)
B04
Total fixed assets
B05
Current assets
Stocks (Note 18)
B06
Debtors (Note 19)
B07
Investments (Note 17.4)
B08
Cash at bank and in hand (Note 24)
B09
Total current assets
B10
Creditors: amounts falling due within
one year (Note 20)
B11
Net current assets/(liabilities)
B12
Total assets less current liabilities
B13
Creditors: amounts falling due after
one year (Note 20)
B14
Provisions for liabilities
B15
Total net assets or liabilities
B16
Funds of the Charity
Endowment funds (Note 27)
B17
Restricted income funds (Note 27)
B18
Unrestricted funds
B19
Revaluation reserve
B20
Fair value reserve
B21
Total funds
B22
Unrestricted
funds
£
F01
-
-
-
-

Restricted
income
funds
£
F02
-
-
-
-
Endowment
funds
Total this
year
£
£
F03
F04
- -
- -
- -
- -
Total last
year
£
F05
-
-
-
-
- - - - -
-
-
-
234
-
-
-
-
- -
- -
- -
- 234
-
-
-
-
234 - - 234 -
-
- - - -
234 - - 234 -
234 - -234 -
-
-
-
-
-
-
- -
- -
234 - - 234 -
- - -
-
- -
-
-
-
-
- - - - -

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

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Date of
Signed by one or two trustees/directors on behalf of all the
trustees/directors Print Name approval
dd/mm/yyyy
01/02/2025
Brendon Naicker
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CC17a (Excel)

03/02/2025

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