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2024-09-30-accounts

Trustees’ Annual Report for the year from 1 October 2023 to 30th September 2024

Kirby Laing Centre for Public Theology in Cambridge

Charity registration number: 1191741

Objectives and Activities

Summary of the purposes of the charity
as set out in its governing document
To advance the Evangelical Christian
Religion, in particular (but without
limitation) through fostering and nurturing
Christian scholarship in public theology
and ethics that is open to and engaging
with society as a whole, and through the
development of an intellectual
community of Christian scholars, and
throughpublishingresearch.
Summary of the main activities in relation
to those purposes for the public beneft,
in particular, the activities, projects or
services identifed in the accounts.
Monthly or bi-monthly virtual events.
• Conference held in June 2024
• Face to face events at Society of
Biblical Literature with Annual
Meal attended by some 80 people.
• Free publications at popular and
accessible levels: The Big Picture
(TBP) and Ethics in Conversation.
TBP is published at least three
times per year, free online and for
sale in hard copy.
• Frequent speaking engagements
bythe Director.

Page 1

Statement confrming whether the
trustees have had regard to the guidance
issued by the Charity Commission on
public beneft
The trustees have had regard to the
guidance issued by the Charity
Commission on public beneft.

Additional information

Policy on grant making The charity administers a number of
grants to students under diRerent
schemes. The charity has adopted
procedures for each of the diRerent
schemes.
Contribution made by volunteers The activities of the charity have been
enhanced by the contribution of
volunteers who have assisted with the
coordination of research activities and
the development of fundraising.
Other Research continues to develop, most
notably through some 17 research hubs,
our Scripture Collective series of books
with Zondervan Academic, and the
Director's books and writings.

Achievements and Performance

Summary of the main achievements of
the charity, identifying the diRerence the
charity’s work has made to the
circumstances of its benefciaries and
any wider benefts to society as a whole.
•
The charity has signifcantly expanded
its activities in the fourth year of its
operation by taking over responsibility
for the Artway.eu website.
•
The number of Associate Fellows has
grown to over 170.
•
Those attending events, reading
material, watching videos or listening
to podcasts have been informed and
inspired on matters relating to religion
and how to live well and sustainably.
•
Our events, publications, and
research hubs serve our core
constituency of Christians scholars
seeking to orient their work towards
how then shall we live?

Page 2

• The Big Picture magazine, popular books showcasing the director’s ideas, and podcasts are introducing an international public to the charity’s vision.

Additional information

Performance of fundraising activities
against objectives set
In addition to its multi-year funding from
our principal donor, KLC has exceeded its
fundraising objectives, bringing in an
additional 66% as a result of other major
donations.

Financial Review

Review of the charity’s fnancial position
at the end of the year
During the year total income received
was £ 274,979 of which £ 38,549 was
restricted income.
Total expenditure was £ 289,528 of which
£102,128 was from restricted funds.
Statement explaining the policy for
holding reserves stating why they are held
The charity holds at least two months of
fnancial reserves at all times. It is
believed that this is suRicient.
Amount of reserves held £63,586
Reasons for holdingzero reserves N/A
Details of fund materiallyin defcit N/A
Explanation of any uncertainties about
the charity continuing as a going concern
There are no current uncertainties about
the charity continuing as a going concern
in the next fnancialyear.

Additional information

The charity’s principal sources of funds
(includinganyfundraising)
The charity’s principal source of funds is
currentlythe KirbyLaingFoundation.
A description of the principal risks facing
the charity
The charity’s principal risks are:
1. failing to secure further funding from
the Kirby Laing Foundation and from
alternative sources.
2. the current Director being unable to
continue inpost and not beingable to

Page 3

recruit a successor of similar stature and reputation.

Structure, Governance and Management

Type ofgoverningdocument Constitution
How is the charityconstituted? CIO
Trustee selection methods including
details of any constitutional provisions
e.g. election to post or name of any
person or body entitled to appoint one or
more trustees
New trustees are appointed by the
existing trustees. The existing trustees
have active regard to diversity when
considering the appointment of new
trustees.

Additional information

Policies and procedures adopted for the
induction and training of trustees
New trustees are encouraged to
undertake charity trustee training
provided byStewardshipServices.
New trustees are encouraged to
undertake charity trustee training
provided by Stewardship Services
The formal structure of the CIO is that
there is a board of trustees overseeing
the work of the Director and the
contractors who assist him in his work
and in the wider activities of the CIO.
Relationship with any related parties The CIO has developed strategic
partnerships with BibleMesh, the
Association of Christian Economists,
Union Theological College, Belfast and
with the Missional Training Center and
Surge Network, Arizona, USA. In addition,
the CIO is an Associate Member of the
Cambridge Theological Federation.

Reference and Administrative details

Charity name Kirby Laing Centre for Public Theology in
Cambridge
Other name the charityuses KLC
Registered charitynumber 1191741
Charity’s principal address Unit 1 The New Mill House
Chesterton Mill
French's Road
CAMBRIDGE CB4 3NP

Page 4

Names of the charity trustees who manage the charity

Trustee name O,ice (if any) Dates acted if not
for whole year
Name of person
(or body) entitled
to appoint trustee
(if any)
William Paul Olhausen Resigned 8th March
2024
David Halliday McIlroy Chair
Craig Gerald
Bartholomew
Director
Andrew Philip
Campbell
David Martin James
Ball
Treasurer
John Andrew Kirk

Funds held as custodian trustees on behalf of others

Description of the assets held in this
capacity
N/A
Name and objects of the charity on
whose behalf the assets are held and
how this falls within the custodian
charity’s objects
N/A
Details of arrangements for safe custody
and segregation of such assets from the
charity’s own
assets
N/A

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:

Signature(s)
Full Names(s)
David McIlroy Craig G. Bartholomew
Chair Director

Date: 25 July 2025

Page 5

KIRBY LAING CENTRE FOR
PUBLIC THEOLOGY IN
CAMBRIDGE
KIRBY LAING CENTRE FOR
PUBLIC THEOLOGY IN
CAMBRIDGE
KIRBY LAING CENTRE FOR
PUBLIC THEOLOGY IN
CAMBRIDGE
Charity No. 1191741
Annual accounts for theyear
01-Oct-23 to 30-Sep-24

Section A Statement of financial activities

Incoming resources
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Resources expended (Note 6)
Expenditure on:
Employment costs
Charitable activities
Support and operations
Compliance
Net gains/(losses) on investments
Extraordinary items
Reconciliation of funds:
Total
Net movement in funds
Total funds brought forward
Total funds carried forward
Total
Net income/(expenditure) before investment
gains/(losses)
Net income/(expenditure)
Transfers between funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
223,186 38,549 - 261,735 157,496
7,947 - - 7,947 4,754
4,304 - - 4,304 2,950
993 - 993 101
236,429 38,549 - 274,979 165,301
11,482 84,325 - 95,807 75,558
135,862 6,500 - 142,362 67,522
28,204 11,303 - 39,506 14,669
11,853 - - 11,853 9,287
187,400 102,128 - 289,528 167,036
49,029 (63,578) 0 (14,549) (1,735)
0 0 0 0 0
49,029 (63,578) 0 (14,549) (1,735)
0 0 0 0 0
(7,571) 7,571 0 0 0
41,458 (56,007) 0 (14,549) (1,735)
1,402 76,733 - 78,135 79,870
42,860 20,726 - 63,586 78,135

Page 6

Section B Balance sheet as at 30 September 2024

Fixed assets
Intangible assets
Tangible assets
Heritage assets
Investments
Total fixed assets
Current assets
Stocks
Debtors
Investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within
one year
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after one
year
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds
Restricted income funds(Note 3)
Unrestricted funds
Revaluation reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees
Unrestricted
funds
£
Restricted
income
funds
£
Endowment
funds
£
Total this
year
Total last
year
£
£
Total this
year
Total last
year
£
£
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
3,576 - - 3,576 1,565
- - - - -
72,079 23,311 - 95,390 81,036
75,655 23,311 - 98,966 82,601
32,795 2,585 - 35,380 4,466
42,860 20,726 - 63,586 78,135
42,860 20,726 - 63,586 78,135
- - - - -
- - - - -
42,860 20,726 - 63,586 78,135
- - -
20,726 - 20,726 76,733
42,860 42,860 1,402
- -
42,860 20,726 - 63,586 78,135
Print Name Date of
approval
Dr David McIlroy 25/07/2025
Dr Craig Bartholomew

Page 7

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts • and with ü in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern; Not applicable Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the Not applicable accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 1.

Yes ü * -Tick as appropriate No

Please disclose:

Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; and
Not applicable
(iii) the amount of the adjustment for each line affected in
the current year, each prior year presented and the
aggregate amount of the adjustment relating to years before
those presented, 3.44 FRS 102 SORP.
Not applicable

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting year (3.46 FRS 102 SORP).

Yes
No
ü * -Tick as appropriate * -Tick as appropriate
Please disclose:
(i) the nature of any changes; Not applicable
(ii) the effect of the change on income and expense or
assets and liabilities for the current year; and
Not applicable
(iii) where practicable, the effect of the change in one or
more future years.
Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting year (3.47 FRS 102 SORP).

Yes
No

Please disclose:
ü * -Tick as appropriate * -Tick as appropriate
(i) the nature of theprioryear error; Not applicable
(ii) for each prior year presented in the accounts, the
amount of the correction for each account line item
affected; and
Not applicable
(iii) the amount of the correction at the beginning of the
earliest prior year presented in the accounts.
Not applicable

Page 8

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.1 INCOME

Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
Donated goods
Contractual income and
performance related grants
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In
the reporting period in which the stocks are distributed, they are recognised as an expense
at the carrying amount of the stocks at distribution.
The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the
SoFA.
Support costs
The charity has incurred expenditure on support costs.
Volunteer help
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
Donated services and
facilities
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies
Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.
Government grants
The charity has received government grants in the reporting period
Tax reclaims on donations
and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
This includes any realised or unrealised gains or losses on the sale of investments and any
gain or loss resulting from revaluing investments to market value at the end of the year.
Income from interest,
royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
Income from membership
subscriptions
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
Membership subscriptions which gives a member the right to buy services or other benefits
are recognised as income earned from the provision of goods and services as income from
charitable activities.
Investment gains and
losses
Yes
No
N/a
Yes
No
N/a
Yes
No
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No
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No
N/a
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Page 9

2.2 EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive
obligation committing the charity to pay out resources and the amount of the obligation can
be measured with reasonable certainty.
Governance and support
costs
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, eg allocating property costs by floor areas,
or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance
conditions
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Grants payable without
performance conditions
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Redundancy cost The charity made no redundancy payments during the reporting period.
Deferred income No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured
at the best estimate of the amount required to settle the obligation at the reporting date
Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph
11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,
FRS102 SORP.
2.3 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least
use by charity They are valued at cost.
The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody or
legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
technological, geophysical or environmental qualities that are held and maintained
principally for their contribution to knowledge and culture. The depreciation rates and
methods used as disclosed in note 9.6.1.4.
They are valued at cost.
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued
at initially at cost and subsequently at fair value (their market value) at the year end. The
same treatment is applied to unlisted investments unless fair value cannot be measured
reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
progress realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.

They are valued at fair value except where they qualify as basic financial instruments.

Yes
No
N/a
Yes
No
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No
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ü ü ü
Yes
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ü ü ü
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Page 10

Section C Notes to the accounts (cont)

Note 3 Charity funds

Details of material funds held and movements during the year to 30 September 2024

Fund names Type PE, EE R
**or U ***
Purpose and Restrictions Fund
balances
brought
forward
£
Income
£
Expenditure
£
Transfers
£
Gains and
losses
£
Fund
balances
carried
forward
£
General Funds U General Charitable Activities - Unrestricted 1,402
236,429

(187,400)
(7,571) 0 42,860
BM&E Research Fund R To support a research post in business,
marketingand entrepreneurship
2,709 0 0 2,709
CM&J Research Fund R To support a research post in communications,
media andjournalism
0
1,000

(1,000)
0 -
Directors Research Fund R To support academic research at the discretion of
the Director of KLICE

3,979
(2,329) 0 1,650
KLF - Director Fund R For the support of the position of Director of
KLICE
29,028
31,647

(60,675)
0 - 0
Arts Project R Exploring the arts from a Christian perspective,
not least through the English face of artway.eu
21,494
4,059

(33,124)
7,571 0
Public Leadership Programme -
General
R For student bursaries and support through the
KLICE Grantee Scheme
178 0 178
Public Leadership Programme -
Anderson/Law
R For student bursaries and support through the
KLICE Grantee Scheme
1,110 0 1,110
Public Leadership Programme -
Business Award
R For student bursaries and support through the
KLICE Grantee Scheme
69 0 69
Sinai Project R To fund a forthcoming conference and work on
the indexes for a forthcoming book on the Sinai
event
14,244 (5,000) 0 9,244
Scripture Collective R Funds for three annual seminars including an
annual meal and related work on aspects of
biblical studies
3,923
1,844
0 5,767
Total Funds 78,135
274,979

(289,528)
0
0
63,586

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Page 11

Independent examiner's report on the accounts

Section A
Independent Examiner’s Report
Section A
Independent Examiner’s Report
Report to the trustees/
members of
On accounts for the
period ended
Set out on pages
Responsibilities and
basis of report
Kirby Laing Centre for Public Theology in Cambridge
(CIO)
30thSeptember 2024
Charity
no.
1191741
6 to 11
I report to the trustees on my examination of the accounts of the above
charity for the period ended 30thSeptember 2024.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).

I report in respect of my examination of the Trust’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.

Independent I have completed my examination. I confirm that no material matters have
examiner's statement come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
•
the accounts did not accord with the accounting records; or
•
the accounts did 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.
Date:
30th July 2025
•
the accounts did not accord with the accounting records; or
•
the accounts did 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.
Date:
30th July 2025
30th July 2025
ROBERT ALLIN
Institute of Chartered Accountants in England and Wales
Milton Hall, Ely Road, Milton, Cambridge, CB24 6WZ

Page 12