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 Nun*xr:
$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$L￿ ty tho Charty crffnm￿Wlyb on b￿alit Ind8ckding what athili85 Iha charity Sh￿jk￿ undertake.
The Inslllul8 airnsto promote fvohjglcd reBearch and 8tudyto othèal, sodd, pastoral at)J minist8rfal¢wtions In th&
Idk)wffj ways.'-
ProVI￿on ol utTrJergiadualO and ryJsl gr&Juat8 d•3ree pYogramme8 In Ilwl(YJul sludles
SwnsoriNJ 1rnwthd￿lnary seminars
Provision ol funded F¢8tdocK>ral r8s&arch wOl￿ts
PthllshirwJ re80ar¢h resuhs
Ory•nl••Uon
Thg Tru8tq88 have served (kJr*o th& ygar sinc8 ts year end together with th•r t9rms ol off*e are set oul
GhrI5tophèr Bredho
Rosl8 Dawson
Tho v?￿rat￿o Dr Willlam M Jacob
Professor FrarK&% KnWt- Professor-The Unfver5ty ol Nottlryharn
The R¥Jht Fleverend Dr David W&ker- Chair- Edshop ol Mawhoster
RoveraTrJ Canon Grac• Thomas- aFp)Int•J 3 May 2024
Every future Twstse shall be appoint&J Icf a tern of 5 y8AfS ty a resolutbn of the Trustees rASs￿l al a
ial meelffj ¢Y bthlch not less Ihan 21 days. notlce has b88n gNen.
R￿laW ol Imy
StsffirYJ:"
Lwatad In tho Dopartment of Ael¥Jions & Th801(w in the Sch￿1 olkn, Languag8s and C￿lUreS at the Universty ot
Manch8sier, Ih&wort( of Ihe Instllul8 was takw loNard ¢JuriNd thg revw pe￿d ty ts &'Tethr, Prol Potar Scott. Thls
post ￿ fu[￿ed by the Institute via the Unwsity.
ManaJernent.'.
The relalK)￿h1p tth88n the UnNer5ty and In51itvte continuas to b6 managed IhrouJh an Gro￿. ThSs
Grojp, whose membership corTVS8S a link ￿p of knjstees, the IrK8l1uies slaif and the H8ad ol Rely￿nS and
Theology, rnat on 15 S8Ptemb8r 2023 arKI 19 Awl 2024, and thLs arraThJernent for overseeing the adwrtias ol the
Inslitute contknues lo work well. Thè Dir￿lOr is also in attendance at the T￿￿$. 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& D*ecty nwde 4cad9mkn ￿es￿￿￿On8 art o)ndnuod to sUF￿￿e IkKtral siudwl4 tsvo ol wlKrfn
CQnF4*dinlhe reviVww￿d. Thetrusteesmainl￿tharhJThIlry ofthe Llrtoln Internatio)￿1 DC¢tor￿ Stuc*ntsh
{2021.W251'. th& hc4*r 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(Yy*W 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 $￿￿j 2023. Her
FQStdW¢Or￿ r•sweh kYol8Ct, A￿Rad￿n end Prmerin IntematttyHI D*vek￿0nt.' A CatholtTl*c*otal
I2￿251. slknj li th8 revlaw ISWnlJer 20231.
Rhk Rwi
Th8 Tntsg5 have assossed nwkjr dsk8 to whkh Ihe charty 18 exwJ89d. In parti￿￿￿1 th058 reJ*d lo th
thnsandfin8rx8s of thè GW. They or8 sai*fiod that sys￿￿ ar8 kn F4&e to n*ato ￿p)sUre tothe major
FSn•nclal R•vl•w
Inv8strnent forth8 yew of £92.7￿ • to £88,791 In the pr8vIou9 y•w. RoJwrceB gxr&ided, m4nly
swrt of t9￿￿1ng c¢>sts at Univer81ty, amounted to £152,792 0)ry)ared lo £114,911 h12023. Not
Oxpgnthurebgfore gwnson Investrngntsfcf lotal ftJndsamounbJ to £80,Ce2compwg(J t0n8tgxFe￿llIwe 01 £26.110
In 2023. Net gans Snvthents h 2024 an7￿mted lo £205,166 Comp￿ed lo ryl l)869s of £72,950 In 2023. Tho
t increa5ts in fL¥th lor tho year to £145.104 ¢ornFwed to 4 nat in tuTraB d £99,￿ In ihe
s yoar. Totd lunds at 31 July 2024 aM￿nt￿ to £3,299.028.
R•¥•ThM Pollcy
R8serveB reF(esents some pe￿an￿rrt Tvusts ￿ lh• ngt fvryn lh8 8810 of fv fumtr LI￿An
Theologkal CoU8ge ￿lkj[r￿j In Uncoln as wdl a8 the W￿9ed6 from Ihe 8th 01 r•Sk1wty￿ WOF•nS88 of lh8 Collog8
ring tho lat* ninoJ&s. Money L% ￿ hwested Ca￿ gr￿￿h 8nJ irwme lo athqlles on a ti)W roium
owoach WhI￿t ensuring reserves ar8 tortho ftrtur•.
thwtys Fo￿r$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 part*thr 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 Comn*8sth. 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•r*tlng 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 RecornmeTh*d Practtt 'AoxJuntino aTrJ ReFKSrtlrrfJ by Charitlgs SORP IFRS 102)° èftethve
Jantkqry 2019, appl￿￿8 UK Acc￿0￿j Stsndards andth8 Charit*8 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 tr*dw¥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 eAl*e Sabs
Pro¢88d5 TTUSt 111. TheioteJ&lor2023incbh £5,180 o*kncc¥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$tratc* &
l*endert examinatlm ¢x$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.
trJta*for2023 [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
1C*ry,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 inve*menl 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
Glc*AI 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•8ourr*8 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$1
)ih Beq￿St
Garton ￿uest
Burgh Col*e. Bursary IMoor81 Tnffjt
Burgh Col*e. Salg Fwoceeds TN$I
Burgh Col*e- 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 or*Jlnalty 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 prcr*Js 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 li*NIi09
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 n*mL*r8 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-