2024-07-31-accounts

THE UIKOLNTHEOLOG￿AL WSTITUTE FOR THE STUDY OF HELKIION AND SOCIErY REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED31 JULY2tr24 52n78

THE LINCOLN THEOLOGICAL INST[r￿E FOR THE STUDY OF RELIGION AND SOCIETY REPORTS AMD F•IANCIAL STATEMENTS Fchg THE YEIR ENDE031 JUL YW & &drrlnhtrafv&d8tal Tru8tee8' report Ird•pgr**nt oxamlThgr8 ryjrt Balan￿ 8h8ot Nlkngto th• fingndd 81atoments 7-13

THE LINCOLN THEOLOGICAL INSTITirrE FOR THE STUDY OF REUGION AND SOCIETY LEGAL AMD ADMINISTRATIVE INFOAMATION The RkJhl Dr Davkl Waker . Cha Mr Chrf8tctyw Brethoit Ms Roslé. Dawson Th8 Venerthe Dr Wlliarn MJaccO Prof8sw Frantss Knylt RthraTrJ Canon (¥acg Thomas Chwmy Nunxr: $27278 Fhgl•t•rad Offi￿. cJoAthord8n & Co wler&J AttoJntanlB PO Box 6eo AM￿harn WA14 3UZ 8•nkv•: Nats•st eart( pk 42 Hlgh Street Sh8ffidd S12GE Inthp•ndgnt Ex*nln•r: Natdlè Bracgy FCA Hart Shaw LLP Chartar￿1 knountants Europa ￿'r￿[ Sh8ffi8ld 8uwrw8 Parf Sheffleld S91XU

THE LINCOLN THEOLOGICAL INSTITUTE FOR THE sfuDY OF REUGION AND SOCIETY TRLi8TEES' REPORT FOR THE YEAR ENDED31 JUL Yar24 The TnJstOgS kyesent their repK)rt wNh the thnancial statements of the charity for th8 yw 31 July 2024. ThA finAnriAI.41Alpments Mmply ￿1th CLxTent 5Wutory requirements aTha Ihg StatwnwK of Recommended P￿tiCe. Ac£cyJnting and ReportiYJ by Charftlès IFRS 1021. Structur• Gov•manc•w)d Mow￿nI Tha Lincoln Th8okngic& Insltute fortho Study of ReligIr￿ arKI is an unh￿rPorAt￿￿ registered charity, numbw 27278. 11 fjs wvemed by a sche￿￿ app¥ov￿ by the Charity QJmrnts5bner5. bthich wa8 sealed on 27 Septefrthr 1994. On 25June 1999the TrLJsl88s txcama abth corp)ra18. Trustè8s Bra wrmallyaFw'nled by existiryJlru51ees fdbwng an intervw ¢>￿dUcted by th8 chair. New trustees arg G4ven a lomial Inducthjn epFoinDnanl at bulldlw kTr￿ledge and u￿ersta￿liffj ol Ihe role ol bust88 a￿1 Ihè workiN¥ ol Ihe charty. Th8 Charty's object Y6 lo wprAIrt And d&v8bp ￿ad@[DiC re8ear¢h into the theobaoal stwty of r￿￿alon arkl In aLth8ncèwith Ihè doctri￿ aTrJ prinrAple8 ol the Churth ol England. Thg InJ8tees have pald duè 1gJard lo guldarce Is$L￿ ty tho Charty crffnm￿Wlyb on b￿alit Ind8ckding what athili85 Iha charity Sh￿jk￿ undertake. The Inslllul8 airnsto promote fvohjglcd reBearch and 8tudyto othèal, sodd, pastoral at)J minist8rfal¢wtions In th& Idk)wffj ways.'- ProVI￿on ol utTrJergiadualO and ryJsl gr&Juat8 d•3ree pYogramme8 In Ilwl(YJul sludles SwnsoriNJ 1rnwthd￿lnary seminars Provision ol funded F¢8tdocK>ral r8s&arch wOl￿ts PthllshirwJ re80ar¢h resuhs Ory•nl••Uon Thg Tru8tq88 have served (kJro th& ygar sinc8 ts year end together with th•r t9rms ol offe are set oul GhrI5tophèr Bredho Rosl8 Dawson Tho v?￿rat￿o Dr Willlam M Jacob Professor FrarK&% KnWt- Professor-The Unfver5ty ol Nottlryharn The R¥Jht Fleverend Dr David W&ker- Chair- Edshop ol Mawhoster RoveraTrJ Canon Grac• Thomas- aFp)Int•J 3 May 2024 Every future Twstse shall be appoint&J Icf a tern of 5 y8AfS ty a resolutbn of the Trustees rASs￿l al a ial meelffj ¢Y bthlch not less Ihan 21 days. notlce has b88n gNen. R￿laW ol Imy StsffirYJ:" Lwatad In tho Dopartment of Ael¥Jions & Th801(w in the Sch￿1 olkn, Languag8s and C￿lUreS at the Universty ot Manch8sier, Ih&wort( of Ihe Instllul8 was takw loNard ¢JuriNd thg revw pe￿d ty ts &'Tethr, Prol Potar Scott. Thls post ￿ fu[￿ed by the Institute via the Unwsity. ManaJernent.'. The relalK)￿h1p tth88n the UnNer5ty and In51itvte continuas to b6 managed IhrouJh an Gro￿. ThSs Grojp, whose membership corTVS8S a link ￿p of knjstees, the IrK8l1uies slaif and the H8ad ol Rely￿nS and Theology, rnat on 15 S8Ptemb8r 2023 arKI 19 Awl 2024, and thLs arraThJernent for overseeing the adwrtias ol the Inslitute contknues lo work well. Thè Dir￿lOr is also in attendance at the T￿￿$. meetings, hekl biannU￿ly.

THE LINCOLN THEOLOGICAL INSTfnJTE FOR THE STUDY OF RELIGION AND SOCIErY TRUSTEES, REPORT FOR THE YEAR ENDED31 alL Ya Ic{Jnlwi￿1} Rovlw ol th• yo8r(¢onllnugdl Th& Decty nwde 4cad9mkn ￿es￿￿￿On8 art o)ndnuod to sUF￿￿e IkKtral siudwl4 tsvo ol wlKrfn CQnF4dinlhe reviVww￿d. Thetrusteesmainl￿tharhJThIlry ofthe Llrtoln Internatio)￿1 DC¢tor￿ Stucntsh {2021.W251'. th& hc4r ol th8 $ty(kn1$h￿4S ty Ihe Dlrth. The DIr￿ Cf>rW8d his tem a5d)wrol the Eurc￿￿ FONM lor Ihe SbJ ot Rebglon arKI fv Environment in May 2024. The Direc￿3 ro3wch Frri￿, fund8d Arts gmd Human￿$ Rgswch CwrKI, aTh￿ canwj Relglon, TIEdwy8nd Ctimats Ch￿, in Odob8r a)22. so was wi ts s￿(￿d year duthg th? rovrthw per￿. In wond year, Ihe rwareh twi complel¢d e(YyW data ¢(11￿ and t•aan up the reButs. The tJusto8s aulhorW Iho appointnwnt ol a new pMtdcthTrJ research in aulurnn 2022 and Dr Charlkn W was aFpolntsd In $￿￿j 2023. Her FQStdW¢Or￿ r•sweh kYol8Ct, A￿Rad￿n end Prmerin IntematttyHI Dvek￿0nt.' A CatholtTlcotal I2￿251. slknj li th8 revlaw ISWnlJer 20231. Rhk Rwi Th8 Tntsg5 have assossed nwkjr dsk8 to whkh Ihe charty 18 exwJ89d. In parti￿￿￿1 th058 reJd lo th thnsandfin8rx8s of thè GW. They or8 saifiod that sys￿￿ ar8 kn F4&e to nato ￿p)sUre tothe major FSn•nclal R•vl•w Inv8strnent forth8 yew of £92.7￿ • to £88,791 In the pr8vIou9 y•w. RoJwrceB gxr&ided, m4nly swrt of t9￿￿1ng c¢>sts at Univer81ty, amounted to £152,792 0)ry)ared lo £114,911 h12023. Not Oxpgnthurebgfore gwnson Investrngntsfcf lotal ftJndsamounbJ to £80,Ce2compwg(J t0n8tgxFe￿llIwe 01 £26.110 In 2023. Net gans Snvthents h 2024 an7￿mted lo £205,166 Comp￿ed lo ryl l)869s of £72,950 In 2023. Tho t increa5ts in fL¥th lor tho year to £145.104 ¢ornFwed to 4 nat in tuTraB d £99,￿ In ihe s yoar. Totd lunds at 31 July 2024 aM￿nt￿ to £3,299.028. R•¥•ThM Pollcy R8serveB reF(esents some pe￿an￿rrt Tvusts ￿ lh• ngt fvryn lh8 8810 of fv fumtr LI￿An Theologkal CoU8ge ￿lkj[r￿j In Uncoln as wdl a8 the W￿9ed6 from Ihe 8th 01 r•Sk1wty￿ WOF•nS88 of lh8 Collog8 ring tho lat* ninoJ&s. Money L% ￿ hwested Ca￿ gr￿￿h 8nJ irwme lo athqlles on a ti)W roium owoach WhI￿t ensuring reserves ar8 tortho ftrtur•. thwtys Fo￿r$Of inv•siment afogovarn•J ty th• 1994 Chaty Cornrni88Th1 Scfrwfto. D•tsd: 2025

THE LINCOLN THEOLOGICAL INSTITLrrE FOR THE STUDY OF RELIGION AND SOCIETY DEPENDEKf EXAMINER'S REPORTTO THE TRLBTEES OFTHE LWCOLN THEOLOGICAL NSTfTUTE FOR ThE STUDY OF RELIGION ANDSOCIEri I rwrt on the a¢¢AJunts of the tharity forth8 Y￿￿ded 31 July 2024 as sgt cyjton pag83 5 to 13. Ruwlve ra•p￿lIbIlIII¢l aThJ Tho ahar￿8 trustO06 aro r8spon8it40 for the prfjpara￿n of thg a￿￿￿9 Thg rtsfityA Ini%lAFL% rmklfrr that a￿lf[ Is wt r￿uIr&￿ lor thi5 ye8r under Secti￿ 144121 of th8 Charit 2X)11 Ilhe 2011 Acll and that an thpendenlexamlnalion is r￿edad. rny respO￿lb11ty to.. 8xamlrn lh8 accountx under sectkx 145 of ts 2011 Act., lolbw the pYoc&Yur85 down in the Gene￿ Dlrecllons gwen ty tho Chadty Commissloner8 unltr 14515llbl ol lh6 dUI1 Act,. an stsle ￿ether partthr rn8tt8r8 have io my atten1￿. B•g1$ of Independ•ni •x•mlngr'8 rnport My examinalbn wa8 carrfed out h accordarte ￿th the Gerwal C4redong g￿on ty the Charty Comn8sth. An exarninal￿ Snc4udes a review ol th8 wountlng recL)rd5 kept by Ihe charity a wmp8rfson ol the prwnted wllh th088 r&iyd8. It also hcbjdes C￿s￿lerati￿ ol any uwsual itèms ordlsck)sureB in the 8ceounls, and tho $8eklng ol axF4anations from you As trustses concerning any gjch rnatters. ￿ proc8dur8s ￿￿yertakell do not wovhjg all the evidenc8 Ihat wwld be requir&J in an audit and con&equantty rKJ qMnKm g￿en a810 whetrwr the accourts pr￿nt a and l&r vlew" and Ihe repyl 13 ￿m￿¢¢ to those rnatt8r8 Bet out in the State￿nI bebw. IndDpw(￿nt•X•mInerfj •totsmgnt In C￿￿ctKIn vthlh the examinalk)n, m matt8r has ccfj lo my 8ttenlk)n.' whth 9lvg$ m8 reag)nabl8 eau88 to bolth thaL In any malerkal respect. thg requlrgm8nts.' to keep accountiTrJ records in ac¢ordarKe vllh seclion 130 of the 2011 Act., and to pvepare a(munts acLord wSth tho acLouriinu rècords And lo cornply occouniing reoJlr8rn8nts ofthe 2011 Act. have not b88n mat., or to whi¢J), in my qmnion, attent*)n shouhj be drawn h order to enat4e a uNle￿￿TraIt￿a ofthe accounts lo be reach&J. Notallp Bracey FCA on b8ho11 of Hart Shaw LLP Charter•d Accountsnts Shthknld Bu8lneo0 Park Europa Unk shOff￿ Sglxu 17 JU￿ Joa

il- I

THE LINCOLN THEOLOGICAL INSTrriJrE FOR THE STUDY OF REUGION AND SOCIEri ASAT31 JUL YX4 3.317.TJ9 3,121,582 3,317,799 3,121.582 D8t*or Cash atiw&aThJ In IWMJ 21.336 39,124 FAJ.123 81.018 Caedknrs: Amwnls fal￿7 thJ&wNhln yew {79.2311 148h761 I4•t¢wr•nt￿9b11111&•y&•SeII 118,n1} 32,342 3,299,028 3.153, UnraBtrtctsd Re3trtbJ 3,IW.269 2.933,367 10 11 236,759 220,567 3,299,028 3,153.924 Approv•d tylh• Tn￿1•￿ on * Iw2025 and ontn•lrbthall by: Illam &1 Jacob

THE LINCOLN THEOLOGICAL INSTITUTE FOR THE STLIDY OF REUGION AND SOCIETY STATEMENfoFCASH FLOWS R>R THE YEARENDED31 JUL YW24 2024 Total Fund• Total Fund• Not•• Not cash uwl In op•rtlng aetlvltl•• 14 1122.6681 1174.1C61 C••h Ilowj from Inv•stlng •￿vItIeS. Intergst, dlvirjends from inv8Stments Proceeds from th8 sale ol Investments Purcha￿ ol Inv88lrnent8 ChaFvJ8 in capltal float 92,720 258,410 1218,3611 131,1001 88,791 340,173 1284,5891 2,046 P4•t ￿h provld•d by Invmtlng •Ctlvltl 101.669 146,421 Chng• In ca•h and •qul¥•l•nt• In th• y••r Cash aThJ cash ¢qU￿418n18 brought lerfward 120,9991 127,6851 80,123 87,808 Cash cash equfval8nts le￿￿rd 39.124 80.123

THE LINCOLN THEOLOGICAL INSTrruTE FOR THE STUDY OF RELIGION AND SOCIETY tr￿£s TO THE HNAMCIAL STATEMEKrs FOR THE YEARENDED31 JUL Y2024 A¢¢ounlwig pollcleg The tinanc￿ 5tatemerns ￿mplY with lh8 Charhles ￿t 2011 and have t￿n pr8pwed in aLrc¥daThx the Statemgnt ol RecornmeThd Practtt 'AoxJuntino aTrJ ReFKSrtlrrfJ by Charitlgs SORP IFRS 102)° èftethve Jantkqry 2019, appl￿￿8 UK Acc￿0￿j Stsndards andth8 Charit8 Ad 2011, lal Bo819 ol prnparatlon and 088098ment of golng ¢oneem 111 The linancid statements havo been prepared under tho hbbJrf¢al cost accDunlNJ ru￿5 nbxIl￿d by the carrying ol investments al market Va￿e. (Sil Balan￿S are 4)lilbeknn unr8strfcl￿, rtrsiiicled al￿ gncknwmenl Ivnds. Restr¢￿ lunds are those bthere the ir￿ornehaslo usedl(a specifr'cpurpose orwoje¢l. Enthjwrernfunds arethDs8there the wxtal must be retained arKI cgnnot bg a5 If Ilw8r8 iTrx)mo. lull The Irustoes CO￿￿￿Èr Ihal Ihero are ￿ material u￿rtain￿&S abr￿ the Charty's abllty lo ¢orthNe as agoirMJ cmrn. Ibl Income recognlllon I iTWTn81$ recconL88d 0￿0 the ehartty hBs entthment tothe hKonw, It Ls pYobat4e that the in¢omèw bg received ar￿ tho amount of irtoma rec8lvaNa ean be Measur￿ rdigNy. Interest on luThJs held on deposit 15 Ineluled whort reC￿vable ar￿ arn(AMt can be m8awrod reliab by tho charity,. thL81s noffnally notif￿alK)n ol the ini¥rest paid or payable by the bank. DwKlerKl$ ara rec(vJnwd onca the dlvidond ha5 teen d8dared and M￿l￿￿tiOn has W rscawed ol trdw¥Jend duè. This 18 up)n nolllulth byourlnveBimenlthi50rollh8 dw(ndyield ol the inveslmenl wrtlolii. Icl Exp8NllbJffj rseognltlon UabilllK8s are recognised as expe￿litUre AS soon as there Is a18al or ttfj8trwiNa ot4igalion ￿rnMrttIThj the charity to that expe￿Ilture, li probabl8 that settlemarrt wlll L requ*￿] arKI the arnount ol th& obliga￿'on can be measured rdiably. All èxp8TrJituw Is accounted lor on an accruals basiB. All exponses inclwJlNJ SUFWt C06ts gJVeTnanc8 costs are allocated or app)rtbned lo the expenditure h8adiThJ5, Idl Tox•Won The Charty 55 a r￿St￿9d chaty ts ￿￿￿1188 are mt 8uki8ctto k¥atth. 191 Inv￿l￿nI¥ Inveslrnents ar8 carfthy In Ihg baKqrKe 8h98t at rnatket value on 31 Juty 2024. In a&ln8 and losa•s on flxed w8et# Be￿IS8d and unrealised gains k)sse8 cm Investrn8nt8 ar8 Induthd as'Net g￿6 on Inv85tments' in Staternnl ol Finan￿ Acfvltss.

THE LINCOLN THEOLOGICAL INSTITl￿E FOR THE STUDY OF REUGION AND SOCIEr NOTESTOTHE FINANCIAL STATEhENf8 FOR THE YEARENDED31 JUL YW24 Icontlnwll Totsl Fund8 Fun Funth Fund• In¢￿0 quoted In￿SIm￿S Bank& ¢knrlrtwest 85.878 91,C¢7 87,930 87,511 92,TJ) 88.791 R881rictedfuThl IrrA)m Is IrK¥Th trom the in¥e8lmerts h91d lor Enck)YKnw Furnj. 8urgh eAle Sabs Pro¢88d5 TTUSt 111. TheioteJ&lor2023incbh £5,180 okncc¥r¢ reLgUry lofeslrttedkndts. Dlrncl th•rttabI••x￿d1￿rn Totsl Fund• Total Fwxl• FU￿1¥ Fur Fwd• 129,146 1,400 7,104 1,426 136 134.355 1,480 7.104 s6.￿2 1,429 7.032 1,351 81 Pdmni$tratc & lendert examinatlm ¢x$ls Trustee n￿l￿g5 and other trav81 cc t38 138,272 144,481 106.795 J whNn'SuFpMcc4ts' b lTr￿n￿ a rmto1£97812CQ3'. £K61. trJtafor2023 [r￿ud￿j unrnstrhJ•Jfur* gy4￿1￿ureoI £94,3&5 knd ewdturo olt12AW. Totsl •xpendttur• TOMI Co•1• Totil Co•t• D•Prne￿I 2024 8,311 144.481 1911 144,481 8,118 1Cry,795 152,792 152,792 T¢ustOOS Wo nc4remurwabd. Expen8gsrgknbuwJ10 trus1￿6 Ic¢ IMv81(tstsanrAJnM to È13612)23: £811.

THE LINCOLN THEOLOGICAL INSTITUTE FOR THE STUDY OF RELIGION AND SOCIETY NOTESTO THE F￿A￿lAL STATEMETrirs FOR THE YEAR El41￿131 JUL Y2024 (¢ontknuedl InvoJtm•nts Valua￿On'. At 1 Augusl A(kJthns D￿P)S Chaffje In cwal float Unrealsed invemenl kwlnlll)ssl 3,121,582 218,361 1203,6e81 31,100 150.444 3252.162 284,589 1363,6571 12,0461 149,4661 Al 31 ￿lY 3.317,793 3,121,582 Anaty618 GlcAI Equity Funds 8xcludlng UK Gk)bal Equities & E(•Jlty Funds indL¥Jiro UK Dir8Ct Prcyèty & ProFety Funds Fixed Interest & Fixed Interest InveBtm8nt FurnlB Olhar funds Equity Investrnent Instrumanls Gash 930,120 1,147.359 53,981 90,793 125,686 935,043 34,817 687,126 875.693 86,442 72,5e8 338,256 857 3,717 3,317,799 3,121582 mi￿0￿￿1 ¢o•l'. At start ol year 2,703,191 2,756,551 At end of year 2,720,233 2,703,191 D•biOrn 2023 PrepaYm￿ts and ACCn￿ In¢em8 21,336 20.895 Credttor• 2024 Arn￿nts falling duè ¥￿thIn on9 y8ar: Accruals defwr&Y In￿M& 79,¥31 48,678 10-

THE LINCOLN THEOLOGICAL INSTITUTE FOR THE STUDY OF RELIGION AND SOCIETY NOTESTOThE FINAIKIAL sfATEhENTS FOR 7HE YEAR eNDE031 JUL YW24 Icontinuedl Unrestrtcted lund• Balan￿ at 1 Augu•t 2023 Incomlr4J Regour(8 Expondllu Galn# & 8alanc• It 0088•81 31 Juty 2024 Ger￿ra1 Fund 2,933,367 87.521 1147,5&31 188.964 3,062289 Balanc• at oml 1 August 2tr22 R•8ourc•8 Exwdlture QalnB & Balwce at 11089081 31 Juty2tr23 Ge￿r￿ Fund 3,021,169 83,621 1102,4811 168.9421 2,9&9,367 10. Re•trlctsd lund• ￿￿ornINj 1 August WIJ Rth)ur(x EX￿ndItUrn Gnln8 & 8al•nc• at Oo••MI 31 Juty 2024 Qener 15.2C61 Balanc• •t IncomlrvJ 1 August 2tr22 R•8ourr8 Expndltur• G•ln• & (Wail 31 July 2023 G￿￿ra1 7,250 5,180 112.4301 Th8 rethcted luNJ wa8 estatdbhed to ass18tOVW$O￿ 8ttthNs. 11. Endowment fvnd Balon￿ at 31 ￿lY 2024 1 Aullu812023 Mllchdl B8qU8$1 Beck and Lawson TruBI N B Jarvls IGr8anleovg$1 )ih Beq￿St Garton ￿uest Burgh Cole. Bursary IMoor81 Tnffjt Burgh Cole. Salg Fwoceeds TN$I Burgh Cole- Wheat Trust 20,731 3,895 1,239 1.&92 4,183 12 177 10,236 181,432 2.857 756 13,404 210 10,W2 194,836 3,067 220,557 16,202 236,759 The B8qU06t wa8 set UP ty the wll ol the lato John w11￿M Mil¢t￿lI. Is to te ￿led lowarcts tsJrsark8s arKI ggnèral PLKPQ$95. The 8Th1 Lawson Trusts wtre am￿aM￿l￿￿ In Juty 1993. Inwng trom the 15 avallat4e for general pUrP￿e$. The Bursary (M￿) Trust was set UP ty k8tterB of t•]u8st h 1928. Inojrne the fund was orJlnalty to be 8NSi8dbylhe Prirapal orTreasurer olst Paul'5 MB5K)naryCollege at Burgh lowardsthepKovisiDn of L￿r¥￿ or to assL8t resKlent slu(nts. Hrmever, after the dosureof ￿9h College Ihe S8treiary ot Slate lor Ethjcatkjn and SThence agreed that the Burgh Collagg lurK15 to trR Us￿1 fcf wp)5es in connoction wth Th& knnc%4n The0￿g￿￿ Instilula. Tho Burgh College Sa& prc￿ad$ Tnjst corwists ol the 5th prcrJs ol Burgh Cdlaga sokl in 1967. The incoTh B lo te used lor tha ￿l￿tion and Iralniro of yourMJ in the MIS￿¢￿i8ry WOtIK ol Ihe church. The Coll&Je Wheal Trustwas set upby lètt8rs of b&qL￿ in 1956. IrK>)me from the fund is avaiasa fci gener￿ puws.

THE LINCOLN THEOLOGICAL INSTITUTE FOR THE STUDY OF RELIGION AND SOCIETY NOTES TOThE FIMAIKIALSTATEMEMTS FOR THE YEAR ENOED31JUL Y2024 l¢ontknuedl 11 Arwg ol n8las8•ts boiwoen fund• Totsl Fund• Fwd• Fund• Futxl fAarw at 31 July 2024 Flxwj Assgts. Inveslments Cu￿ent a￿ets Currgnt li8blllles 3,082281 59,219 179,2311 5,518 1,241 3,317,79J 80,4￿1 179,231 Total Nel Afj••t• 3.(h82,269 236.759 3.299,028 unre￿18•￿ galn Ik)$6881 Iwkthd.. c￿ Investrnwi 888eL8 373,143 224,423 597,566 Fund bdarw at 31 Juty 2023 Flxed AB8ets. Investments Currgnl assets Currerni liNIi09 2,￿2,286 79.777 148,676 219,316 1,241 3,121,582 81,018 148,6761 Totsl Nel 2,933.367 220,557 3.153,924 Unreali58d g8insl I￿8$9$) IndLthI'. On Inv88tment a888ts 210,170 208221 418,391 13. Pomlon commllffl•nth The LIn￿kn T￿￿ogical Instltute fcf Ihe st￿ ol Rel￿ Sjthty Ith8 Insknl partklkxtes in tha chU￿h ol &wiand Dg1Sn8d Eeneffts SKhenN8 IDBSI, part ol the Church Wothers Porrion FLThI, 05 well as tha CleffJy Peng￿)n SLh6rne. At 31 Juty 2024the Irffjlttut8 had no 8Ltlv& memter8 and d918rred ￿n￿onOr nmLr8 in the DBS 8ndon8 membgr of the Ckngy Pe￿￿)n Scheme. The Instrtute & unBble to hderAify ts 5harg Qtlhg uThJ9rlylng assets aThJ Ilabilit￿S as 8a¢h empbygr Is exF¥)S8d to aClua￿al rBks as8oc&t•J wllh Iha ¢urwi forfr*rernF4oyegs ol olhor Part￿rAtir￿ in th& 08S.

THE LINCOLN THEOLOGICAL INSTITUTE FOR THE STUDY OF RELIGION AND SOCIETY NOTESTOTrE FINANCIAL STATEMENrs FOA THE YEARENDED31 JUL Y21124 (Conth￿dI 14 CBoh Ilow R￿c￿cludIon of ngt Inoyng to netca8h Lwed ￿ operaJro arIN1￿.. Net rnovemgnl In lund8 a8 per the statemant ol Iln8n¢lal a¢b'vities Adjustments for.. IGAlnslnos8es on inv8strn8nts Deduct intergS1, divPJ&nd8 from Investrnents Ilncrgas&lldecrease in debtors Incr8as&lldecrga891 In credltors 145.104 199.0601 1205,1661 192,7201 14411 30,555 72.950 188,7911 1,566 160.7711 Net ¢a8h g8neraled Ltsed in op8ratlng a¢tlvtt1•8 I?￿,688) 1174.1061 15. R•l•t&d Party Tr•nuctlon• Th8 trust808 do not consljer that there are any rglalgd party trangaaions to dl8cIo8O. 13-