REGISTERED CHARITY 14UM8£R: 528915
REPORT OF THE TRUSTEES AND
UNAUDITED FINANOAi STATEMENTS FOR THE YEAR ENDED
31 MARCH 202S
FOR
ST PETER'S SALTLEY TRUST
J W Hinks LLP
Chartered Acc(Yuntants
19 Hlghfleld Road
Edgba5ton
Birmingham
West Midlands
B15 3BH

ST PETER'S SALTLEY TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR ThE YEAR ENOED 31 MARCH 2025
Page
Ito12
Report of the Trustèes
Independent Examiner's Report
Statement of Flnanclal Actlvltles
14
Balance Sheet
15
Note5 to the Flnanclal Statements
16to27

ST p￿ER,5 SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present thèir annual report and the flnancial staternents for the year ended 31 March 2025. The trustees
have adopted the provision5 of Accountin8 and Reporting by Charitie5.' Statement of Recornmended Practice appllcable
to chafitles preparin8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 leffectlve l January 20191.
REFERENCE AND ADMINISTRATIVE DEfAILS
Reglstered Charity number
528915
Prlncipal address
Grays Court
3 Nursery Road
Ed8ba5ton
Birrnin8harn
B15 3JX
EM-Offlclo Patron5
The Bishop of Birmingharn
The Bbshop of Coventry
The Bishop of Hereford
The Blshop of Llchfield
The Blshop of Worcester
Trustees
Nomlnatlve
Dr P Kent (Chalrl
Mr M Harrln8ton
Dr J Ipgrave
Revd Dr R Latham
Revd Canon Dr R M Pryce
Mr A Wlld
Co-OPtatlve
Mr M Hastllow
Ms l Jenkin5
Admlnlstratfv• Dlredor
Dr l Jones
Bursar
Ms L Y Hayes-lames
Independent •xamlMr
J W Hink5 LLP
Chartered Accountants
19 HighfSeld Road
Edgbaston
Birmin8ham
BIS 3BH
Page I

ST PETER'S SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR ThE YEAR ENOED 31 MARCH 2025
Bankers
TSB Bank plc
Long Acre BirTnin8ham Branch
79 Long A¢re
Blrmingham
B7 5J8
Sollcltors
Martineau johnson
St Phllips House
St Phllips Place
8irmin8ham
83 2PP
Investment Mana8ers
CCLA Investment Management Llmlted
One An8el Lane
London
EC4R 3AB
STRucfuRE, GOVERNANCE AND MANAGEMENT
GovernlnK do¢um•nl
The trust 15 a regls¢ered charlty Icharlty number 5289151 and15 admlnlstered under scheme rules dated 26 June 1980.
Re¢rultment and appolntment of new tru5t••s
As Set oul In the charity's 5cherne rules, new trustees are appolnted by the board of trustees after applylng to the trust
In the form requbred by the trustees and after being approved by the board of trustees.
Co-optatlve trustees are identlfled from persons In the reglon who are well-respected and competent in tsne or more of
the trust's objectlve fields and are nomlnated and elected to office by the board 8t the Annual General Meetlng.
All trustees 8lvetheir ilme voluntarily and receive no benefits from the charSty. Any expenses reclaimed frorn the charlty
are set out In the notes to thè financlal statements.
Indu¢tlon and traSnln8 of new trustees
New Irustees receivè a full copy of the trust deed, relevant documentatlon on trustee responslbillties from the Charlty
Commis51on, a trus1 strategy and policy paper and the most recent set of mlnutes. New trustees are inducted into the
detall of the day-to-day mana8ement and working of the trust by the trust's admlnlstratlve director.
Organlsatlonal strudure
The charity is run by a board of trustees who are responsible for the overall strategic management of the organi5atlon.
Day-to4ay management responsibilltles are delegated to the admin15trative director.
The body of Trustees consists of six Nominative Trustee5 (five nominated by the diocesan bishops of the region lone
trustee per dloce5e, and one of whom Is the Nomlnee of the St Pelerf5 College Old Students, A55EKiationl.. four Co-
optatlveTrustees, of whtsm at least three are lay persons. Co-optative Tru5tee5 are identified frorn persons in the region
well-rÈspected and competent in one of more of the Tmst's objectlve field5, and are nominated and elected to office
by the Board.
Page 2

sr PEfER'S SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Company and charity law requires the trustee5 to prepare financial statements for each financial year which 8ive a true
and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that perlod. In preparin
those financial statements, the trustee5 have..
selected sultable accounting policies and then applied them consistently,.
made judgements and estimates that are reasonable and prudent,.
Stated whether applicable accountlng standards have been followed, subject to any material departures
disclosed and explained in the flnancial statements., and
prepared the finantial statements on the 8olng concern basls.
The trustees have overall responsibility for ensurin8 that the charlty has appropriate systems of controls, flnancial ahd
otherwise. They are also responsible for keeplng proper accouniing records which di5cltsse with reasonable accuracy at
any time the financia5 posltion of the charity and enable them to ensure that the financlal statements comply with the
Companles Acr 1985. They are also responsible for safe8uardinB the assets of the charity and hence for iaklng
reasonable Steps for the preventlon and detectlon of fraud and other irregularities.
Wlder network
The trust Is affiliated to thè Association of Church College Trusts and representatives of the trusi attend the twlce-yearly
meetlngs of the Assoclatlon, enablin8 the sharing of Information and good practice with Si￿lIar trusts. The Trust Is a150
a member of the Christian Funders, Forum.
Rlsk management
The trustees have a duty to Identify and revlew the risks to whlch the charity 15 exposed and to ensure approprlate
controls are In place ¢0 provlde Teasonable a5suran¢e a8alnst fraud and error.
The trustees have examined the malor strategic, Investment and operational r15ks which the charity faces and conflrm
that SYStem5 have been establlshed to enable regular reports to be produced so that the necessary steps can be taken
to lessen the risks. Work continues to be undertaken to ensure compliance with GDPR regulations.
oBJE￿IVEs AND ACTIVITIES
Oblectlve5 and a¢tlvltles lor the Publlc Ben•fft
oses and a
ms
The charity is established to advance education and religion within Its area of benefit, i.e. the region comprising the
dloceses of Worcester, Hefeford, Llchfleld, BlrminBham and Coventry.
Ensurin
urw
Ilvers our aim
We review our aim5, objectives and activities each year. This review looks at what we achleved and the outcomes of
our work In the previous 12 months. The review looks at the success of each key activity and the benefits they have
brought to those group5 of peeple we are set up to help. The review also helps us to ensure that our alm, objectSves
and activities remalned focused on our stated purpose5.
We have referred to the guidan¢e contained in the Charity Commission'5 general guldance on public benefit whèn
reviewin8 our alms and objedivès and in plannin8 our future activities. In particular. the trustees conslder how planned
activitie5 will contribute to the aims ènd objectives they have set.
The focus of our work
The Trust's work focuse5 on three prlncipal areas-
a. The development of Christian d￿scipleship
b. The strengthening of the Christian presence in, and contribution to. the further educatlon sector
¢. The development of rèligion in school education. broadly understood
Page 3

ST PETER'S SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDE031 MARCH 2025
The followin8 policies continue to shape the trust's approach to its principal objectives..
To engage in action-research and development through locally-based projects in the deslgnated fields of
interest of St Peter's Saiiley Trust.
To provide resources and training to students, practitionèrs and other5 workin8 in the same fields.
To provide ttpporturtities for the dis5eminatlon of learning through seminar5 and publications.
To maintain links with institutions and 8roups working in related fields regionally and natlonallv.
iv.
Four kinds of grants are avallable..
Major Projects (large grants for major project5 Involving a slgnificant degree of partnership between the Trust
and one or more other organisations. These would be lirnlted to 1-2 such projects per year).
Medlum-sized Projects (grants between El,OOQ and c, £15,OCq) per year per project, wlth varyln8 levels of
partnershlp worklng antlclpatedl.
Consolidatlon and Development (exceptional extenslon fundlng where a prevlous Trust-funded project has
clearly borne frult andlor there 15 a clear need for further fundlng in order to make a prolect SUStainablel.
Small Grants la discrete fund of £5,￿)0 per year, offerin8 UP to 10 grant5 of ¢. £500 each and no more than
£I,OOL)- for smaller, one-off pioiect5 undertaken by individual schools. coSlege5, churches 01 organlsationsl.
Iv.
Since 2022 the Trust 15 pur5uln8 the fuillowing medlum-term worklng and fundlng prlorltie5. PriorSty areas for fundlng
wlthin the Trust's broad parameters outlined above are-
Rell8ious Ilteracv
Faith formation
The rell8lou5 land particularly Christian) calllng to.
Environmental responsibllilylcare for creatlon
Peace-maklng, reconciliation and overcomlng polarizatlon
o Racial justice, equlty and inclusion
The full workin8 prlorlties document is avallable at.. h
tf
wh t-we-su
Al thelr meetin8 on 23 November 2023, trustees commltted to a further workln8 and fvndlng pfiorlty.. strengthenSnB
en8agement wlth local Christian communities. Trustees agreed to ring-lence one thlrd tsf the Trust's annual budgeted
expenditurè rtrn grant fundln8 for prolects beln8 developed by Individual local Churches, schools, college5 or falth
organisations, or small local partnerships thereof. The Trust wlll also seek to develop in partnership wlth others a 5Ulte
of prolects with a primary focus on nurturing learnin8 about and from Chrlstianlty and Christlan disclpleship
development at local level.
Grant-mak5ni
The trust invite5 applications for grant5 from Individua15, groups and organ15atlons wlthln its area of benefit, l.e. the
reglon covered by the dioceses of Worcester, Hereford, Lichfield, Birmingham and Coverttry.
Applicants submit an outline of thelr prop05als, with costlngs, flrst for conslderatlon by the trust's Advi50ry Cotsncil
Icomposed of around six individua15
including two trustees wlth expertise in one or more of the trust's areas of
niefestl and then by ihe trustees at their thrice-yearly meetin85.
Consultanty: Saltley Research and Evaluatlon
Since July 2016 thè Trust has run a tradlng actlvity withln the charity, Saltley Research and Evaluation ISREI. This wa5
developed in re5pon5e to the Trusvs 8rowing reputation in faith-based research work and In response to a growin8
number of requests to evaluate projects. Unlike the Trust's charitable activity, whi¢h Is Ilmited to the region covered
by the dioceses of Birmingham. Coventry, Hereford, Lichfield and Worcester. research ctsmmissions can be accepted
nationally, within the scope of the Trusvs three main areas of Interest. Decislons orh tendering for research and
evaluation wgrk are taken in consultation with the TTU5t's Advlsory Council.
Page 4

ST PETER'S SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
In 2024-25 Saltley Research and Evaluation ha5 worked on two paid commlssions:
A three year evaluation of the 'AII God's People, initiative at St Chad's and St Mafk'5 Church Wolverhampton,
designed to learn about creating an intercultural and multi<ultural worshipping communily In a highly diverse
area (begun Spring 20231.
A three year evaluation of the Birmingham Faith Clirnate Actlon Project, almed at encouraging grass-root5 faith-
based environmental projects acr055 the city (begun Spring 20241.
In March 2025 3 small contract wa5 also agreed to provide fixed-term facilitation support in connection wlth the
development of a new Rural Mission Area In the Diocese of Worcesier.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvltles
How our actlvltles deliver publlc beneflt
In setting our oblectives and plannin8 our activities the trustees have given Careful con51deratlon lo the Charltv
Commls5ion's general guidance on publlc beneflt.
Durin8 the year ended 31 March 2025 the trust has continued to provide support lelthèr through grant-funding staff
tlme or both) for fourteen ongoin8 projects, extenslon funding for one project previously recelvlng grants, and offered
SUPPOrt to four new initlatlves. Progress on these projects and Snformation on their public benefit is outlined below,
prolect by prolect..
Newly-Allocated FundlnB
Durlng the year fundln8 was allocated as follows.
Medlum Grant Fundln8 was 8lven to..
Re¥d Dr Gale Rlchards IRegents Park Colleie, Oxford). 8lrmln8h•m Baptlst5 Explorlnl thelr 81ack Hlstory1£13,334 In
202ty25, £13,336 In 2025-261.Thi5 project seeks to help multi-cultural Baptist churches across the BiTrnln8ham area to
research, learn from and celebrate the pioneerlnB contrlbutlons made io their life and ministry by the first African.
Caribbean and other Global Majority Herita8e members, èlders and pastors wlthln their con8re8ational hlstorles. Over
two years, èxperienced theoloBian and research Revd Dr Gale Richards will WOTk with approxlmately seven
con8reBations to d15cover and narrate thls early hlstory, Supporting church members to become co-researchers and to
create interattive exhibltions celebratin8 thls herltage. Ins18hts and learnlng from the project will be shared more wldely
with other churche5 in the reglon and beyond. As an academic historian by tralnin8, the Trust director will also support
thè work of the project. The project addresses the Trust's priority for the development of Christian dlsclpleshlplsince
the project wlll lead to learnin8 and reflection about the £hur¢hes' historic and current ministryl, and speclflcally the
current worklng prlorlty ol strengthening the Christlan contribution to raclal justice, equlty and inclusion. Trust lunding
will cover the researeh and salary costs of Ehe project, whilst match fundln8 from the Heart of England Baptist
Association and Regents Park College will cover the exhibitionslproject outputs.
Ju5tLo¥eUK- Conference and West Mldlands Hub Laun¢h1£4,925 in 202$25. of whlch £2,462.50 was spent).
JustLoveUK 15 a national Christian organi5ation working with 5tudenrs and young adults to live lives of justice and soclal
holiness and thus make a fruitfvl contribution to Society. In autumn 2024. lustLoveUK's nattonal conference took place
in Birmingham wlth a focu5 on Christlan discipleship in relation to the realms of politics and publlc Ilfe Ithe event was
non-partisanlnon-party political irn nature, but sought to encourage young Christians to take an active interèst in polltics
and citizenship and to develop PTacti¢al inltlatlves to address contemporary social challenges and injustice51. The
tonference wa5 attended by 140 people, almost all students and young adults In their twenties. Out of the event, a
new West Midlands region hub was launched, to act a5 3 catalyst for ongoing actlon and networklng by local members.
The project addresses the Trust's objective of developin8 Christian discipleship and its current worklng priority of
5UPPOrtingthe Christian contributlon to posliive social transformation Imany lust Love member5 are involved in projects
with a focus on environmental responsibility. raclal justice and reconclling communities, amongst other51. Trust funding
helped cover venue and speaker costs $0 35 to reduce the overall cost of attendance. and bursary costs io allow
participants on lower incomes to attend.
Page 5

ST PETER'S SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
St James the Great Church. Clayton INewca5tle-under-Lyme}IRevd Drjulia Babb- Statlon5 of the Resurrertion Project
£ 2098.75 in 202ty25 and £ 6475.00 in 2025.26.
Whilst 'Station5 of the Cross, are a familiar sight in many churches, a series of 'Stations of the Resurrectlon, is much less
common. In thi5 imaginatlve project, the clergy and congregation of St James, Clayton are working with local communitv
8roups beyond the church to explore what Élves people hope and rnew life, and how this links to the Christian story of
the resurrection ol jesus. Throu@h the series of conversations Iwhich have taken place over the f1rst third 0120251, vicar
Revd Dr julia 83bb and acclaimed local artist lan Mood have facilitated these groups to create a serles of images which
depict andlor evoke aspect5 of the resurrection story. Artwork by the groups will become part of a touring exhbbitlon,
whilst the images wlll be reimagined into permanent 'stations' by the artist, to be displayed in the church building to
mark lis 60, anniversary. The project addresses the Tru5t'5 obje¢tlve of developlng Christian disciplèship since it
provides an opportunity for local church members and other communily members to learn together about a central
aspect of the Christian story. It also contribute5 to the strengthenin8 of the local Christian community In line wlth the
TrusV5 new work stream.
Small Gmntfvndlnq wps given to..
Andrew Claytonlst Matthew's Walsall- 48 Hours In JeNsalem1£520 In 202ty2SI.
48 Hour5 In Jerusalem Is a new oratorio written by Andrew Clayton, director ol music for St Matthew'5 Walsall, and
performed for the first time with a community cast at Easter 2025. The produ¢tlon Is an imaginative exploration of the
period between Jesus, death on Good Friday and resurrectlon on Easter Sunday, and Invltes participants and audiencè
rnembers to reflect on rhe experience ol Ilvlng 'in between tlmes., as well a5 provldlng a new comp051tlon for other
Churches to use focusbng upon a perlod which otherwlse receives comparatively little atientlon in Chrlsiian art and
education. Trust funding provided support for Andrew Clayton and Sue Parkèr-Hallcroft to create and stage the plece,
along wlth a cast and choru5 of twelve. The project addresses the Tru5t'5 pflorlty of supportlng local church initiatives
wlthin the overall priority lor developin8 Christian di5cipleshlp.
Consolldatlon/Development Fundlnq wos qlven to..
Revd Or Allson Woolley* Seeds of Sllence- Formatlon Suppori for Women Theolo8y Students1£6N20 In 202*251
There is growing recognition of the Impact of postgraduate research on personal and spiritual formatlon as well as
Intellectual development. Women students embarkin8 on doctoral coursès In theology and minlstry frequently
encounter additlonal obstacles. Yet in most cases, 5UPPOrt for doctoral students mostly consists of research supervbslon.
wlth Ilttle accompanylng pastoral and formational support. This project aims to trial such a proces5 01 hollstic support
lor women doctoral students In theology, worklng partlcularly with those based In the West Midlands re8ign. Trust
fundin8 has covered time input Into the development of the project by Alison Woolley, a practlcal theolo8San and
experienced reireat leader, to cover one-to-one and peer group 5UPPOrt, and a retreat. The results of the experimental
project will be wrltten up in a relevant pra¢tlcal theology lournal wlth recommendatlons for how TEls and universlty
department5 might offer a greater level of holistlc support to thelr doctoral students. Followlng good results from an
initial pilot and the first two years of the main project. further funding was agreed to support a third and final year of
doctoral supervlsion support. Durlng thls year Revd Dr Alison Woolley is ronsolidatlng the learninglrom the project and
sharing this ihrou8h stren8lhened 11nks wlth two participating instilution5: the Unlversity of Birmlngham and the
Queen's Foundation for Ecumenical Theologlcal Education. The project addresses the Trust's objective of developing
Chrisilan learnin8 and di5¢ipleship and the new working priorlty of Falth Formation.
In addition, the Trust has started to disburse a number of small grant5 of up fo £500 per church through the pilot of a
'Talents Fund, with Anglican parishe5 in deprlved comrnunitles within the WM reglon Ithis money was originally
earmarked in the 2023-24 financial year but not spent). Two small grants for parish learning and di5cipleshlp projects,
have bèen awarded, to..
St Paul's Foleshlll (Diocese of Coventry) for thelr'sunday School for All, series
St Matthew's Wolverhampton (Diocese of Lichfieldl for the development of accessible workbooks explorin8 the
church'5 current priorities for discipleship
Further grants are available In 2024-25.
In 2024-25, continued support. in the form of either funding or pracilcal support from the Trust Director, was given to..
Page 6

ST PETER'S SALTLEY TRUST
REPORT OF THETRUSTEES
FOR THE YEAR ENOED 31 MARCH 2025
8irmin8ham Chrlstian Colle8e
De¥eloplng Creatlon Care Resources for Pentecostal and Charlsmatic Churches
(£2,400 in 2023-24. £2,100 rn 2024-251. The aim of the project is to develop qualily theological educatlon resource5 on
the Christian responslbllity to care for the environment, from a Pentecostal and Charismatic perspective. Eco-theology
Is comparatively rarely exp5ored at gra55-roots level within Pentecostal and Charismatic churches In the UK lan
increasingly significant Section of the Christian communitvl but there Is growin8 interest. This project seÈk5 to research
current needs and perspe¢tives on creation-care and develop acce55ible learnin8 resources suitab5e for the diversity of
Pentecostal and Charismatic con8re6ations in the UK. Trust funding enabled the appointmenr of a part-time research
assi5tani (Dr Charles Prempehl In 2024 who consulted with churches and developed resource Ideas. Trust fundlng Is
also coverln8 the costs of resource development. including design. video and trailing. The project addresses the Trust's
priority around learning for Christian disclpleshlp. specifically the Chrlstlan responslbillty to care for the earth.
Llbby Letth IResol¥•l - Developlnz Tralnlng for Pasioral Supervlslon in Educatlonal SettlnK51£3.725 In 2013-24,
£3.725 in 2024-251. Pastoral supervision is a growlnB area of work both wlthSn and beyond Christian Ministry. Work
wbth Further Education Colleges In the region h35 hiBhli8hted a desire for ¢haplains to recelve regular supervi5iLin. Whilst
50rne generic supervision tralnin8 exists, there Is little introductory trainlng, and Currently none which focuses
Specifically on pastoral supervision wlthin èducational settbngs. Trust fundin8 is enabllng the writin8 and developinB
introductory trainin8 specifically to atjdress this, combinlng supervision skllls wlth understandin8 of the educational
context and of theology and young people's splrltuality. Work began in early 2024 and a course handbook 15 now In
flnal draft form. The project addresses the Trust's prioilty of strengthenin8 the Christian presence In, and contributlon
to, the Further Education sector, and may have wider value for schools Ipartlcularly church s¢hoolsl as well.
West Mldlandg FE Chaplalncy Ambassador Prolect1£5.675.85 In 2024.251. Thls project alms to develop new further
education chaplainclès In some of the 40 or so FE and Slxth Form colleges in the West Midland5 re8ion and stren8then
ex15tin8 chaplaincies who might in turn support college5 in developing provision for SMSC developrnent for Students
and re50urcing colleges in matters of religious Ilteracy and community cohesion. In this respect, the project furthers
the Trust's oblectlve ol stren8thenlng the Christian presence in. and contributlon to, the FE and lifelong learnln8 sectors.
The 2021-24 phase of the project was funded In partnershlp wlth the Angllcan Dioceses of Coventry and Lichfield, the
Heart of England Baptlst Assoclatlon, and the West Midlands Synod of the United Reformed Church. In 2023-24 further
funding commitrnents from the Trust and from the Bishop of Blrrningham's Charitable Fund have enabled the extension
of the work up to the end of Aprll 2025. Nigel Roberis, an expertenced education chaplaln and lecturer In chaplalncv
and youth work, took up the post in May 2021. There eorttlnues to be a marked uprurn of Interest in chaplaincy from
colleges In the reglon. Current foci Include early stage development of chaplaincy at Birrnin8ham Metropolitan, Oudley
and Stoke colleges. Nigel has also or6anised a networking and training day for FE chaplalns and college staff. in February
2025, and has contlnued to develop Tesources for Further Education Sunday, a joint Inltiative between WM Chur¢hes'
FE Councll and the Chrlsti8n student organi5ation Festive. Although ntr further fundln8 has 50 far been forthcomlng to
extend ihe post, this is actlvely being considered by trustee5, and belng sought from external sources.
Dou8 Chaplln and St Peter's Saltlèy Trust- Consultatlon on Needs In Chrlstlan Learnln8 and Dlsclple5hlp1£880, 2023-
241. As part of Its priority of strengthening engagement with local Chrlstian communities, the Trust has undertaken
consultation with people acros5 the churche5 by various means to learn more about what are the enabler5 and barriers
to growth in Christian dlsclpleship and the challenge5 and opportunities for loc31 ¢hurche5 to 5UPPOrt this. Such
que5tion5 are also germane to the work of Anglican dioceses in thp region. This small consultative project run by Doug
Chaplin (Discipleship and Lay Training officer for the Diocese of Worcesterl and the Trust dlrector, involved running four
focus groups with lay church rnernbèrs from four different Beo8raphicallsocio-economic context5 across the diocese, to
learn morè about grass-root5 responses to these questions. Trust funding provlded for room hirelheatlng expenses to
cover the crists of local churches hosring the 8atherinBS. and a Christian book or discipleship resource for participants.
Focus groups ran during 2024 and a final video sharing findings should be13unched in May 2025.
Page 7

ST PETER'S SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Sue Iqbal (Forward Partnershlpl and St Peterf5 Sabtley Trust- Consultatlon on Chrlstlans In Publlc Leadershlp1£544,
2023-241. An important and frequently neglected dimension of learning for Christian discipleship concerns the role
Christians are called to play in the development of public life and civil Society. Whi15t there is good work taking place
around faith in work and everyday life, less attention is often give to Christian vocation to public leadership, and to how
local churches can Support people in thai. As part of the new focus on 'strengthening engagement with local Christian
communities, this project. undertaken by Sue Iqbal of Forward Partnership and theTrust director, undertook intervlews
and surveys to understand more about the perspectlves of Christians in public Inon-¢hurchl leadershlp roles, the polnts
of ali8nment and tension they experience belween their faith and thelr work, and how churches might help to Support
and resource Christians in contributlng to the comrnon good in civil 50¢iety. Trust fundirb8 covered the cts5t of venue
hirelrefreshment costs and travel expenses. A short report of findings wlll be published In May 2025.
A collaboratlvewest Midlands-based project beiween St Peterfs SaltleyTrust and the Unlversbty of Roehampton ￿lled
'Learnlng from the Ed8es'. How Falth Develops and Grows In Mar8lnal or 'Edrf Places, 1£20,067.10 In 2022-23,
E20,442.15 In 2023-24 and £9.131.53 in 2024-251. 8ullding on St Peter's Saltley Trust's 5erie5 of projects explorln8.what
Helps Dlsciples Grow?. and work by Roehampton Univer51ty's Dr Clare Watkins and DrJame5 Butler. th15 project explores
the experience of growth In Chri5tlan falth and practice outside traditional Sunday morning con8regational 5ettlngs
(where most existing research on di5ciple5hlp has taken place), focusing instead upon contexts where participants feel
Identify themselves as one the 'edgès' of church and society. In thls respect. the research addresses the Trust's lon8-
standlng asplration to focus on 'the margins of Church and society, and constituencies 'not normally tijuched by the
Church of En8land'. Seven local slte5 lincludlng two online cornmunitiesl were researched. In January 2025 all seven
projects gathered tQ8ether for a day of learning and reflection In Birmingham. Several sites have developed new
initiatives Dr approaches as a result of the research. and several are contlnulng tc* Journey wlth the project team for
addltional conversationlexploration. A variety of project outputs wlll be developed to share Ilndlngs durln8 2025, Thls
project addresses the Trust'5 new prlorlty area of Faith Formation. The Trust director ha5 been a core member of the
research team.
Paul-FranGols Tremlètt (Open Unlvers1ty1 and St P•tees Saltley Tru5t.' Developlng Rellilous Uteracy Tr¥Snlng and
Resources for Further Edu¢atlon1£3.000 In 2022-231.
Literacy In religion and belief 15 a key sklll lor life and work in contemporary, multi-faith, multi-cultural soclety. Further
Education is potentially a key setttsr for the development of youn8 people's reli8ious Ilteracy, since it is in vocational
educatlon and training that the worlds ol education and work are brought together. In this project, Involvin8 a team of
academic speclallsts in religlon and belief led by the Open ijniverslty's Dr Paul-Fran¢ols Trernlelt and Including the Trust
director, rèllgious literacy trainlng was offered ¢0 srafl in three Further Education ¢¢illeges in the West Midland5 region
IWa15all College, City of Wolvefhampton Colle8e and North Warwlckshire & South Leicestershire C¢llegel. FE collo8e
staff have provided feedback to enable the creation of a sulte of religlous Ilteracy training resources and Materials almed
speclfically at the 16-19 sector lin which education about rellglon has historically received less attentlon In comparison
to Schools and higher educatlonl. In 2024/early 2025, resource ¢reatlon Work focused on the development of a minl-
documentary on religious literacy and a short Interactive animaiitsn1Snvolvin8 Students from City of Wolverhampton
College) exploring a contentlOU5 Issue In a cla55room settln6. These will both be available on the Open Unlversitvs
OpenLearn platform In 2025. Further iesources will be produced in 2025, includlng a reli8lous literacy podcast series
and resources for colleges to run their own workshops. Thi5 prolect addre$5es the Trust's new prlority area of Rellgious
Literacy in addition to Its more general commitmeni to the Further Education sector.
Re15glon Medla Centre.. Ftvq atles Prolect1£8.500 per year for 2 years. 2023-24, Z024-251.
The Religion Media Centre aim to increase understandin8 of religious issue5 Wlth the medla, and strengthen faith
communlties. understandlng of and en8a8ement with their local media. The Five Cities project aims to bring together
faith communities. civic leaders and the media in dlfferent clty contexts for a day of encountef and mutual learning.
Followin8 a successful pilot in Birmingham in 2022, Trust funding has enabled further events in city l¢¢ations in the
West Midland5 region in 2023 and 2024 (further events are happening elsewhere in the UK. with other sources of
fundlngl. The first 'Creating Connections. event took place at Coventry Cathedral in October 2023, with nearly 80
participants present in¢ludlng repfesentativÈs of regional Media organisations, local faith communities and a panel of
A-Level Religious Studies student5 from two local schools. A sècond event took place in Wolverhampton in November
2Q25, and was well attended by local faith and community groups (see event report here..
htt
ionmediacentre.or
.uk
flews
creatin
-conrtectlons-in-wolv
rh
ton-wh
-lalths-are-
to
ether-b -footb 11
. This project addresses the new working priority of Religious Literacv.
ht.
Page 8

ST PETER'S 5ALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Instltute of Chbldr•n, Youth and Mlsslon IICYMI: The Further Education Chaplaln.. Understandln8 the Fitld and
Supportlng Practice1£4,936.85 In 2023-24, £5.188.34 in 202ty25, £12.765.72 In 2025-261.
The Institute for Children, Youth and Mi55ion are an experienced youth work and youth chaplaincytrainlng organisation.
with HE accreditation of their course5. This project seek5 to explore the role of the chaplain withln contemporary
Furthèr Education settin85 and develop training for FE chaplains. A key distinctive of the project is to listen carefully to
Further Education colle8es' understandings of the place of and need for chaplaincy, and a commitrnent to rnakin8 the
resulting course materials available via a Massive Open Qnline Course (Mooc) to enable wlde access. ICYM wlll work
In partnership with Saltley Trust 51aff to ensure the project is deeply embedded within the West Midlands region. on
which the project will be focused, The work is being led by Dr Sarah Holmes of Liverpotsl Hope University, an
eyperienced researcher on youth and children's 5pirltuality. During 2024/early 2025 the Initial re5earchllistening phase
was undertaken. and a report written up. which will help to shape the Iraining course to be wrltten in 2025. The Trust
dlrector and FE Chaplaincy Amba55ador have been actively involved in the project, helplng io make conne¢¢ions wlth
colleges and chaplalns In the region.
Culham St Gabrlel's Trust. St Pet•rfs Saltley Trust and All Salnts, Trust, wlth the Soclal Innovatlon Partnershlp: C
Desl8nln8 • Partlclpatory Fund around Rell8lous Educatlon1£S.IXIO from 5t Peterf5 SaltleyTrust In 2023-24, alongwlth
fundlng from the other two Trusts).
Thls project addresse5 the Trust'5 aSPITation to Include mar8lnalised gTOUP5 and value conver5ailon and dialogue, as set
out In the Trust's new Working Priorltle5 dvcument. Working with the Soclal Innovatlon Partnershlp. who have wide
experience of developin8 more pafticipative &rant-makin8 processes. this project seeks to en8age a 'hard-to-reach'
group and co-deslgn with them a small fund for rellglous education projects. Project partners have chosen to focus on
Home School Education a5 an area hlstorlcally under-resourced by RE funders, thus addressln8 the Trust'5 m1551on to
support the development of rellglous education. Followlng a development phase working in Collaboration wlth home
e¢Jucators, the fund was launched in October 2024.resultln8 in 36 large 8rant and 18 small 8rant applications, of whlch
13 were awarded lundln& sharlng just over £7,000 between them. The interest In the fund has signiflcantly exceeded
expectatlons. A celebratlon and learnin8 event, brln8in8 together all grant recipients, is being planned for September
2025. Independent evaluation of the inltiatlve has also been commlssloned. Although the fund itself will be time-
Ilmited, the process wlll create a new model of communlty-led fundlng which wlll be transferable to other aspects of
each trust's work ¢ver the long-term. Due to the hi8h level of response to the flrst round of fundin8, a second roundls
also under disCU5510n.
REToday- West Mldlands lieglonal IIE Hub1£7,600 per year for 3 years, 2023-24, 2024.25. 2025-261.
There is widespread a8reement wlthln the Religious Educatlon communlty on the need ¢0 strengthen collaboration and
communicatlon between teacher5, professional clevelopment or8anlsatlons and resource providers. In 2018-20 3 two
vear pilot prolect Ipart-funded by the Trust) employed regional RE Ambassadors to seek to engage hard-to-reach RE
teathers in CPD actlvltle5. Following a period of evaluation and review, a second phase of the project began In 2022,
with increased hours lor re8lonal RE leads, and supported by a new onllne hub website. Trust fundin8 15 supportin8 the
West Midlands regional RE hub and Its re8ional lead Chris Giles. In this phase of the project the focus is upon improvin8
connections and Interaction between different part5 of Ihe RElreli8ion and worldviews cornmunlty In the reglon, and
increaslng particlpation in professional development and research in RE. The project is overseen by a steering group
comprised ol representatives from key RE organlsallon5. During 2024-25, key outputs have included-. kltemark training
forfaith visiiors to schoo15; SYPPQrtin8the organi5ation of an A-Level Rellglous studies conference,. and training for PGCE
RS students at Birmlngham and Worcester universltie5. Key 8oals for 2025-26 Include.. stren8thenln8 en8agemÈnt with
Multl-Academy Trusts, bulldln8 Ilnks with places of worship whlch could host school visits, and seeking to bring different
RE stakeholders in the re8lon together to forge greater ¢onnectlvlty, possibly through a conferencè/RE fayre. Thls
project addresses the Trust's commitment to strengthenlng religious education in schools.
Page 9

ST PETER'5 SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 MARCH 2025
The Feast-Transform•ng Dlalo8ue Hub- I£IO.000 per year for 3 years, 2023-24, 2024-25. 2025-261.
The Feast is an award-wlnning youth charity founded In Birrningham and now working nationally. which aims to bring
together teenagers from dlfferent faiths and cultuces to build friendshlps and explore faith. Its work focuses on
developing young people's confidènce to encounter others of diffe¥eni faiths. to be able to articulate their own faith
position wlth confidence and respect, and to listen respectfully to. and learn frtim. others to ale different from them.
In 2021 The Feast launched its 'Transformlng Dialogue Hub, which aims to train 2000 school and college staff, youth
leaders and others who work with young people In The Feast's Guidellnes for Dialogue, with a particular focus on the
West Midlands re8ion. After training. participants will be given ongoing support and acce55 to The Feast's resources to
enable them then to Work with youn8 people, Trust funding is supportlng staff salaries to grow the organ15atlon's
capacity to undertake this project along51de The Fea5t'5 Other core work. Prtrject highlights in 2024-25 included...
200 Secondary and 140 Primary teachers receiving tralnlng In the Guideline5 for Dialogue. The Feast report
growing interest in trainin8 around religious dialogue Skills partlcular since the start of the current Isr3ellGaza crisi5.
Developing a growing relationship with Birrnin8ham Metropolitan Co51e8e and supportlng student events ¢here.
Oeveloping trainin8 on the Guidelines for Dialogue wlth the Chur¢h of England BiTmln8ham's youth worker tralning
programme, Flex, which can then be shared more wldelv.
This project addresses the Trust'5 currènt workin8 priority of supporting the rellglous land partlcularly Christlanl calling
to reconclllation, peace-maklng and overcomln8 polar15atS0n.
Peter Vale and St Peterfs Saltley Trust: Fatth Sn BlrmlnghJm Street Photography ProSe¢t lslnBle grant of £1,000 sn
2022-231.
Peter Vale Is an amateur street photographer based In Blrmingham who has been enga6ed In a project to chronlcle
expresslon5 of falth In the city's publlc spaces. Workln8 wlth Trust dlrector lan lones, and with addltional funding Irom
Wèsthill Endowment, this project will use Peter's photographs as the centreplece for two Ilnked resources.. il a web-
based RE resource with supporting discu551on materials and learnlng actlvities, and 111 a portable exhibltlon wlth linked
Inieractive content, 5ultable for use in places of worship, local libraries or museum5. The project addresses the Trust's
cornmiiment to strengthonlng religlous educatlon in schools, and the new working priority of developin6 rell8lous
literacy- specifically in that the photographs IIIu5trate how Ilar from bein8 purely a prlvate matterl, rellgious faith of all
kinds has a public and clvic manifestation. In 2023-24, a small group of RE experts was assembled to help scope out the
shape and focus of the RE resource and make an initial 5electlon of photos to use. In 2024-25 Peter took further phot05
to wlden the subject rnatter for the resource, and plans lor resource creation have been developed. Thls wlll begin In
Sprin8 2025.
Drjeremy Kldwell Iunlverslty of Blrrnln8haml and Dr lan Jones 1st Pet•rf5 Saltley Trustl- RE.'Conne¢t~ EnvSronment
and Reli¢ious Educatlon1£7,OOOpa for 2 year5. 2020-21 and 2021-221
The climate and nature crisis 15 one of the most serlous facing the world In the 21. Century. Humanlty's treatment of
the earth Is a topic of fundamental Importance when seeking to understand the beliefs, praciSces and behavlour of
different rell8ion5 and worldviews- yet whi15t current RE syllabuses tend to permlt some exploratlon of thls, the toplc
is not extensively taught or re50urced. Thi5 project seeks to begin to redress this. A successful inaugural fellowship
programme ran In 2021-22 and as a result, further funding wa5 secured from Culham St Gabriel's Trust to run a second
cohort in 2023-24, with SaltleyTrust director lan Jones co-leadlngthe prolect wlth Dr jeremy Kldwell. The second cohort
completed in lune 2024. wlth an end of programme learning and reflection day, at which current Fellows presented
thelr draft, pilot-te5ted curriculum projects. A project website was launched early In 2025, containing Fellows,
curriculum project5 and other resources. The project addresses the Trust's core priorlty of supporting religiou5
education in schools. and its current working priority of strengthening the religious land particularly Chrlstianl calling to
environmental responsibility. A third cohort ha5 provlsionally been agreed with Current funder Culham St Gabriel's
Trust. to begin in September 2026. Further disseminatlon ol project outputs and learning wlll take place in the
meantime.
Page 10

ST PETER'S ULTLEY TRusr
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 MARCH 2025
The FE chaplalncy ambassador and Trust director have conlinued to support the Work of the West Midlands Churche<
Further Education Councll, notably through his work as Hon. Sec. of the Council and as an active participant in the
Council's projects. Durlng 2024-25 this included..
Thè continued development of the Further Educatlon Sunday and accompanying resources
The organlsation of a networklng and training day for Wm-based FE chaplalns and college staff in February 2025-
the first such in-person event for several years.
Continuin8 to explore the best way to provide 5tTUCtures of accountability, supervlslon and iralnlng for FE chaplains
In the re8ion, Including a possible stron8er working felationship with Workcare West Mldlands. the workplace
chaplaincy organisation.
This work addresses the Tru5Vs commltment to 5tren8thenlng the Chrlstlan presence In, and corntributlon to, the Further
Education sector.
Durln8 2024-25 dlss*mlnatSon of the TfUSt'5 work has Included..
Jeremy Kidwell, 'Personal Knowledge.. Teachlng Place-8a5ed Rellglous Ethics for 3 Cllmate Emer8ency', Journol of
Morol Educotion 24..1120241, pp. 107-118 Ilncludes reflection on the RE'.Connect prolectl.
Rebecca Ostler, 'Listenlng to Other Species, RE Todoy 42..2 (Sprin8 20251- an article on the curriculum project
Rebecca developed as a RE.'Connect Teacher Fellow.
The launch of the RE'.Connect prolect website.. htt
nnect.educa
bout.html
A paper by the Trust director sharlng early lindln8s and reflections from the 'Learning frorn the Edges. project at
a national Churches Together In England conference on rni55ional dlsciple5hlp in November 2024.
Network5.' frust representatives particlpate in ResourcSn8 Discipleship WM, the regular gatherln8 of
denomlnatlonal lay training offlcers re8ionally, In several religious and theologlcal educatlon research semlnays.
in meetings of the Assoclatlon of Church Colle8e Trusts, the Chrbstian Funders, Forum and the Religion and
Worldvlews Education Funders Group.
PLANS FOR FUTURE PERIOD
The Trust wlll contlnue to develop Its malor fotus on StrengthenSng En8agement in Local Christlan Cornmunlties. The
Tfu5t director will also continue to 5UPPOrt projects recelving fundlng from the Trust. at)d wlll be Closely Involved in several
projects..
Workln8 wlth Roehampton Unlverslty researcher5 to wrlte up and share learning frorn the prolect on belng and
growin8 as Christian disciples In 'ed8y' or 'marglnal' places.
Workln8 Wlth the team of academic5 leading the ReliBiOUS Literacy In Further Educatlon project to 8enerate more
resources lor colleges.
Support for the work of the WM Churches, FE Councll. and particularly In the development of 5UPPOrt and
accountability Structures for FE chaplalns, efforts to Secure further fundlng for the West Midlands FE Chaplaincy
Ambassador post beyond May 2025, and the development of other new projects.
ContinuinB to Support the ICYM project on researchlng and developing Further Educatlon chaplaincy tralnlng.
Supporting research on the Black History ol Birmin8ham 8aptist churche5. for the project belng led by Revd Dr Gale
Richards.
The development of RE and exhlbition ¥e50urce5 a5 part of the Faith in Birmlngham street photO8raphy project.
Links will be malntalned and developed wlth other organlsatlons workin8 in areas consonant wlth the Trust's aims and
objective5.
Page 11

ST PETER'S SALTLEY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Investment poli¢y and obJe¢tlves
There are no restrictions on the trust's power to invest.
The investment income arising on the endowment fund is available to meet the trust's objects., however, the
endowment fund cannot be dÈpleted by expenditure.
The investment strategy Is controlled by the trustees In conjunctlon with CCLA Investment Mana8ement Limited and
the trustees consider the Sncome requirements. the risk profile and values. There are appropriate constraints on
Investments and exposure to activities considered unacceptable by the Church of England's Ethical Investment Advisory
Group and the CBF Fund5 Trustee.
FINANCIAL REVIEW
Financbal review
The trust has expended the sum total of £151,30312024- £168,210) on charltable actlvlty In pursult of its oblects durlng
the year.
The trust has contlnued Its flnancial, advlsory and development support of prolect5 In the fields of religious, further and
adult theolo8ical educarion.
During thls year the trust has contlnued to support a number of projects de51gned to support and develop learnlng
provlslon for iheolo8ical educatlon. local churchlFE college partnership to promote widenin8 participation and
Interfaith dialogueltea¢hing provision a5 a contrlblbtlon to the RE ¢urrlculum In schools
A range ol study PTO8rammes, semlnars and papers have served to disseminate the prolect work of the Iru51 to a wlder
audlence.
The trustees have sanctioned to date the spending of £63,423 durln8 2025-26 on prolect5 together wlth £91.$00 for
other charitable activttle5 and governance c05t5.
Further projects for charitable support wlll be Identified by the trustees on an annual basi5.
The account5 on pa8es 15 to 28 present the flnancl31 Informatlon of the trust In detail.
The trustees report net elpendlture before movements In Investment values for the year totalled £3,16412024
£14,644) and the decrease in the market value of Investments for the year wa5 £190,81212024- increase £367,884).
cordlngly, the asset value of the trust has decreased to £5,047,708.
The market value of Investments reflected the performance of the markets at ihe balance sheet date.
The trustees remain tonfldent that market value movement5 will be posltlve on a long-term basss.
INDEPENDEr￿ EXAMINERS
A resolution proposlng that J W Hlnk5 LLP be re-appointed as Independent examiners of the charity will be put to the
Annual General Meèting.
ON BEH
FOF
HE BOARD
Dr P Kent
Date.. 9 June 2025
Page 12

INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEESOF
ST PETER'S SALTLEY TRUST
I report on the account5 for the year ended 31 March 2025 set out on pages fourteen to twenty-seven.
Re5pertive responslbllbties of trustees and examiner
The charity's trustees are re5ponslble for the preparatlon of the accounts. The charity's tTUStees consider that an audit
is not requirèd for this year lunder Section 144121 of the Charltles Act 2011 (the 2011 Actll and that an independent
examination is required.
It is my respon5ibi1Sty to..
examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charlty Commlsslon (under Sectlon
14515llbl of the 2011 Act)., and
to state whether partlcular matter5 have Come to my attentlon.
8asls of the Independertt examlner'5 report
My examinatlon was carrled out in accordance with the General Directions glven by the Charlty Commi551on. An
examinatlon include5 a revlew of the accountlng records kept by the charlty and a comparlson ol the èccounts presented
with those records. It also includes consideratlon of any unusual items or d15closures In the accounts, and seeking
explanations from you a5 trusiees concerning any such matter5. The procedures undertaken do not provlde all the
evidence that would be requbred In an audlt, and consequently no opinion Is Biven as to whether the accounts present
a 'true and falr view, and the report Is Ilrnlted to those matiers set out in the statemènts below.
Independent examiner's statement
In connectlon wSth my examination, no matter has come to my attentlon..
whlch gives me reasonable cause to belleve that, In any materlal respect, the requirements
to keep ac¢¢untlnB records in accordance wlth Section 130 of the 2011 Act; and
to prepare accounts whlch accord wlth the accountln8 re¢ord5 and to comply wlth the accounlSn8
requlrement5 01 the 2011 Act
have not been met,. or
to whlch, in my opinlon, attention should be drawn In order to enable a proper understanding of the accounts
to be reached.
P E Smith FCA
I W Hlnks ILP
Chartered Accountants
19 Hi8hflÈld Road
Ed8baston
Blrmin8ham
West Midlands
B15 3BH
Oate.- 9 June 2025
Page 13

ST PETER'S SALTLEY TRUST
STATEMENT OF FINANCIAL A￿1v￿lES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unre5trirted
fund
Restrirted
Fund
El￿Owment
Fund
Notes
INCOMEAND
ENDOWMENTS FROM:
Investment Income
151.579
151,579
148,506
Charltable activlties
9,911
9,911
17,969
Tot31 Income and
endowments
161.490
161,490
166,475
EXPENDITURE ON:
Raislng funds
Charltable actl¥ltle5
Grants payable
Support C05t5
Governance costs
61,128
77.067
13,351
11,018
72,146
79,157
13.351
92,369
75,841
12.909
090
Total expendlture
151,546
11.018
2,090
164,6S4
181,119
NET
{EXPENDITUREIIINCOME
111,0181
12,0901
13,1641
114,6441
Other fe¢ognlsed 8alTrs
IL055es118ains on Investment
asset5
18001
1190,0121
1190.8121
367,884
Net Movement In fund5
111,0181
1192,1021
1193,9761
353,240
Tran￿er$ b*tw••n Funds
111,0181
11.018
11,8741
{192.1021
1193.9761
353,240
RECONCIUATION OF FUNDS
Total funds brought forward
775.394
4,466.290
5,241.684
4,888,444
TOTAL FUNDS CARRIED
FORWARD
773.520
4,274,188
5,047.708
5,241,684
All income and expenditure derive from contlnuSng artivitles.
The notes fomi part of these financial statements
Page 14

sr PETER'S SALTLEYTRUST
BALANCE SHEET
AT31 MARCH 2025
2025
Total
fund5
2024
Total
funds
Unrestrlcted
fund
Restrkted
Fund
Endowment
Fund
Notes
FIXED ASSEfs
Tangible assets
Investments
12
13
52.242
4,221.946
4,274.188
52.242
4,975,403
5,027.645
54,630
5,171,630
5.226,260
753,457
753,457
CURRENT ASSETS
Debtors
Cash at bank and In
hand
14
4,145
4,145
451
40.408
44,553
40,408
44,553
28.69S
29,146
CREDITORS
Arnounis falllng due
within one year
15
124.4901
124A901
113,7221
NET CURRENT
ASSETSIILIABILITIESI
20,063
20.063
15,424
TOTAL ASSETS LESS CURRENT
LIABILITIES
773,520
4,274,188
5,047,708
5,241,684
NET ASSETS
773.520
4,274.188
5,047,708
5,241.684
FUNDS
Unrestricted fund5'.
Restricted funds
Endowment funds
16
773.$20
775,394
4,274,IB8
4,466,290
TOTAL FUNDS
5,047.708
5,241,684
The financial staiements were approved by the Board of Trustees on 9 lune 2025 and were slgned on Its behalf by-
Dr P Kent
Page 15

ST PETER'S ￿LTLEy TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 MARCH 2025
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, whl¢h Is a public benefit entity under FRS 102. have been preparecl in
accordance with the Charltles 50RP IFRS 1021 'Accounting and Reporting by Charities: Statement of
Recommerhded Practice applicable to charities preparing their accounts in accordance wlth the Financial
Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financlal
Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland. and the
Charlties Art 2011. The Flnancial Staternents have been prepared under the historical cost convention wlth the
exception of investments whlch are included at market value.
The charity has taken advanta8e of the followin8 disclosure exemption in preparing these financlal statements,
as permitted by FR5 102'The Financial Reportlng Standard applicable In the UK and Republic of Ireland.:
The requlrement5 of Sectlon 7 Statement of Cash Flow5.
INCOME
All incombng resources are included on the Statement ol FlnancSal Activltle5 when the trust Is legally entitled io
the Income and the amount can be quantifled with reasonable accuracy.
For legacles, entltlementls the earller of the trust belng notified ol an Impendlng di5tribullon or the le8aLry belng
received.
EXPENDITURE
Expendlture Is accounted for on an accruals basls and has been classified under headlng5 that aggregate all c05t
related to the category. Where cost5 cannot be dlrectly attrlbuted to particular headings they have been
Ilocated to actlvities on a basls consistent wlth the use ol resour￿5.
Support Costs are those costs incurred dlrectSy In 5UPPOrt of expendlture on the oblects of the trust and include
project management Carrled out at headquarters.
Governance Costs are those Incurred In connectlon with admlnlstratlon of the trust and compllance wlth
constltutional and statutory requirements.
Grants offered sublect to condltlons whlch have not been met at the year end date are noted as a commltment
but not accrued as expendlture.
TANG18LE FIXED ASSETS
Depreciatlon 15 provbded on all tangible fixed assets at rates calculated to write off the cost on a straight Ilne
ba515 over their expected useful economlc lives as follows.
Freehold land
Freehold buildlng5
Project and office equipment
over 50 year5
over 4 years
Tangible fixpd assets C05ting more than £1,000 are capitalised and included at cost includlnB any incidental
expenses of acqulsliion.
TAXATION
The charity Is exempt from tax on its charitable activitie5
Page 16

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES- contlnued
FUND ACCOUNTING
General funds are unrestrlcted funds which are avallable for use at the discretion of thè trustees In furtherance
of the general objecrives of ihe trust and which have not been deslgnated for other purp05eS.
Desi8nated funds comprise unrestricted funds that have been set aside by the trustees for partlculai purposes.
The alm and Use of each desiBnated fund Ss set out in the notes to the financial statements.
Restricted funds can only be used for particular reslrlcted purp05e5 wlthln the objects of the trust. RestTlCtions
arI5e when specified by the donor or when funds are raised for particular restricted purposes.
Endowmeni funds represent those asseis whlch must be held permanently by the trust. prlncipally investments.
Income arlsing on the endowment funds can be used In accordance wlth the oblects of the trust and Is Included
35 unreslrlcted income.
Anycapital gains or losses arisln8 on the Investment5 form part of the fund and investment management chaiges
and legal advlce relaling to the fund are ¢har8ed agalnst the fund.
Investment Income and 8ains are allocated to the approprlate fund.
Further explanatlon of the nature and purpose of each fundls Included In the notes to the financial statements.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The trust operate5 a deflned contribution scheme. Contributions are Charged to the Statement of Flnanclal
Actlvltles as they become payable.
INVESTMENTS
Investrnents are stated at market value at the balance sheet date.
The Statement of Flnantial ACt￿ltIeS Includes the net 8ains and losses arisin8 on the revaluation and disposal of
investments throughout the year.
INCOME FROM INVESTMENTS
2025
2024
Quoted fixed asset investments
151,579
148,506
CHARtrABLE ACTIVITIES INCOME
2025
2024
Rental income
Evaluation Income
Othèr Income
Grants received -Restricted
6,000
3.800
iii
4,905
2.361
78
10,625
9,911
17,969
Page 17

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
COMPARATIVES FOR THE STATEME1￿ OF FINANCIAL ACTIVITIES
Unrestrirted
fund
Restricted
Fund
Endowment
Fund
2024
Total funds
INCOME AND ENDOWMENTS
FROM:
Investment Income
148.506
148,506
Charltable actlvltles
7,344
10,625
17.969
Total Income and
•ndowmerts
IS5.8SO
10.625
166,475
EXPENDITURE ON:
RalsSn8 funds
Charltable a¢tlvltles
Grants payable
Support cost5
Governance cost5
82,363
73.751
12,909
10,006
92,369
75,841
12.909
1090
Total expendlture
169,023
10.1)06
2.090
181,119
NET INCOMEIEXPENDITURE
IlJ,1731
619
12,0901
114,6441
Other reco￿1￿ 8alns
Galnslllossesl on investment assets
1,946
365,938
367,884
Net Movement In funds
111.2271
619
363.848
353.240
Transfer between Funds
619
1619
110.608)
363,848
353,240
RECONCILIATION OF FUP4DS
Total funds brought forward
786,002
4,102A4Z
4A88.444
TOTAL FUNDS CARRIED FORWARD
775.394
4N66.290
5,241.684
Page 18

ST PETER'S SALTLEY TRUST
NOTESTO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
ANALYSIS OF EXPENDITURE ON cHAR￿ABLE ACTIVITIES
2025
2024
Grants payable
Support costs
Governance
72,146
79,157
13.3SI
92,369
75,841
12,909
163.654
181,119
£2,090 12024- £2,090) of the above costs were attrlbutable to endowments funds.
£11.081 12024- £10,006) of the above costs were attrlbutable to restrlcted funds.
£150,483 12024- £169,023) of the above costs were attrlbutable to unrestrlcted funds.
Page 19

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
ANALYSIS OF GRANTS
2025
2024
Proiert COSts
Just Love UK- Conference and West Midlands Hub Launch
Sl Matthew's Church Wa15all 48 Hours in jerusalem
Regenis Park College Oxford- 81rmlngh3m Baptlsts ExplorinB Their Black
History
University of Birmin8ham and St Peters Saltley Trust- RE.. Connect
Envlronment and Reli8lOU5 Educatlon
St James the Great Church, Clayton- Stations of the Resurrection
Sandwell Churches, Llnk- Openlng New Doors
The Feast- Transforming Dialogue Hub
Religlon Media Centre- Five Citie5 Project
West Midland5 Re8ional FE Chaplaincy Amba55ador- Extension fundln8
Revd Dr Allson Woolleylseeds of Silence- Formatlon Support for Wornen
Theology Students
Roehampton Universlty- Learnin8 from the Edges
BSL Bible Project- 8ritish Slgn Language Bible Translation Project
Ffontler Youth Trust- Youth Work wlth LG8TQ+ Conference
Love Black Country- Youth Workshops at Black Country Together Festlval
RE Today- West Midland5 Regional RE Hub
Resolve- Developin8 Trainin8 for Pastoral Supervlsion In Educatlonal
Settlngs
Culham St Gabriel's All Salnts and St Peter's Saltley Trust wlth the socbal
Innovatlon Partnership- Co- Desi8nln8 a Participatory Fund around
Religious Educatlon
Birmingham Christian College- Developin8 Creatlon Care Resources for
Pentecostal and Charlsmatic Churches
The Instltute for Youth and Mlsslon liCYMI- The Further Educatlon
Chaplaln.. Understanding the Fleld and Supportln8 Practice
Saltmine TTUSt- The Oudley Passion Plav
Stren8thenin8 Engagement with Local Christlan Communities- Pod castln8
Equipment
Dou8 Chaplln and St Peter's Saltley Trust- Consultation on Needs In
Christlan Learning and Dlsclple5hip
Sue Iqbal and Sl Peter's Saltley Tru5t- Ctsn5ultatlon on Chrlstlan In Publlc
Leadershlp
2A62
520
6,667
15.9371
2.099
4,719
Is,000
8,500
10.LlJ6
10,000
8,500
11,018
6,160
9,132
6,135
20,442
5,000
1,000
1,000
7,600
3,725
S,¢X)O
z,ioo
2,400
5,188
4,937
1,000
418
544
72,146
92,369
Page 20

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
SUPPORT cosrs
2025
2024
Wages
Pensbons
Statlonery. postage and phone
Subscriptions and tralning
Travelling and confèrence expenses
Repairs and renewals
Rates and water
Insurance
Management charges
Light and heat
Depreciatlon of tan8lble fixed assets Ire5tricted £2,090)
Sundrles
51,500
8,526
2.979
967
1,662
1.766
2A23
2.140
48,765
8.120
3,301
962
2,266
533
2,340
2,041
1,013
2,288
2,388
1,824
2,226
2,388
1.580
79.157
75,841
GOVERNANCE COSTS
2025
2024
AdMIni5trat￿e 5alarles
Penslon premiurns
Accountancy fee5
10,082
449
uzo
9,587
427
2,895
13,351
12,909
NET INCOMEIIEXPENDITUREI FOR THE YEAR
Net Income Ilexpendlturel is stated after chargin￿(CredItin8}'.
2025
2024
Depreciatlon of tanglble fixed assets
LossllProfltl on falr value movement of Investments
2,090
190,812
2,090
1367,8841
io.
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefit5 for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
TRUSTEES, EXPENSES
During the year, the trustees recelved E6412024- £1201.
The trustees have purchased indemnity Insurance
Page 21

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMEPtrs. CONTINUED
FOftThE YEAR ENDEO 31 MARCH 2025
ii.
srAFF COSTS AND EMPLOYEE BENEFITS
staff costs ITrust and Prolertl
2025
2024
Salarie5
Social securlty costs
Pension premiums
72,251
IN85
6,481
68,811
1,117
6,184
0,224
76.112
No employee recelved £60,000 or more per annum in elther year.
Number
Number
Average number of employees
All employee tSme is Involved in provldlng either support to the govemance of the chafity or support servlces to
charltable actbvlties,
12.
TANGIBLE FIXED ASSErs
Freehold
propertv
Flxture5 and
flttin
Totals
COST
At l Aprll 2024
Additlons In year
Disposals In year
104,492
2,493
106,985
At 31 March 2025
104.492
1,493
106,985
DEPRECIATION
At l Aprll 2024
015posals In year
Charge for year
50,160
2,195
52.355
2,388
At 31 March 2025
52,250
2.493
54.743
NET BOOK VALUE
At 31 March 2025
52.242
At 31 March 2024
54,332
54,630
The closlng net book value represents nxed assets used for the management and admlnlstratiort of the trust.
Freehold property 15 re8lstered in the name of the Officlal Custodban for Charlties.
Page 22

ST PETER'S SALTLEY TrUST
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
13.
FIXED ASSET INVESTMENTS
2025
2024
CCLA Investments
Cash depo5Sts
4W9,424
85,979
5.130,236
41.394
4.975A03
5.171,630
L15ted
Investments
Unllsted
Investments
Totals
MARKET VALUE
At l Aprll 2024
Share Dlsposals
Change in market value
5,130.235
150.0001
1190,8121
5,130,236
150,0001
1190.8121
At 31 March 2025
4,889.423
4,889,424
NET800KVAWE
At 31 March 2025
4,889,423
4,889,424
At 31 March 2024
5,130,235
5,130.236
There were no Investment assets outslde of the UK.
Investments Inelther listed nor unlisted) were as follow5..
2025
2024
Cash deposlts- Capital account
Cash deposits- A￿umUlation account
59.554
26,425
35,922
5,472
85,979
41,394
ANALYSIS OF INVESTMENTS
Unre5trlrted
Fund5
Endowment
funds
2025
2024
UK quoted investments
other UK Investments
Cash deposits
667A79
4,221.944
4,889A23
5,130,235
85,979
85.979
41.394
753,458
4.221,945
4,975803
5,171,360
PaBe 23

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THEYEAR ENDED 31 MARCH 2025
13.
FIXED ASSET INVESTMElffS- continyed
uoted investments
Market value brought forward
Dlsposal
Net Inve5tment110ssesllgains
718.278
4,411,957
5,130.235
150.0001
190,812}
4,762.351
150,0001
18001
190,0121
367,884
Market value carrled forward
667.478
4,221,945
4,889,423
5,130.235
Historlcal cost ILIK quoted)
502,455
2.062.514
2,564,969
2,582,117
ANALYSIS OF INVESTMEP4T INCOME
Unrastrlcted
funds
Endowment
funds
rotal
2015
Total
2024
Dividends recelvable from
equlty shares
151,579
151.579
148,506
Interest recelvable
151,579
151579
148,506
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other debtors
4,145
451
15.
CREorroRS.' AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Other creditor5
Deferred income
3.568
20,722
21x1
3,532
9,990
200
24,490
13,722
Page 24

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMENfs- CONTINUED
FOR THE YEAR ENDED 31 MARCH 20Z5
16.
MOVEMENTIN FUNDS
Net
movement in
funds
At 1.4.24
At 31.3.25
Unrestrirted funds
General fund
noted
tln
Gènèral Projects
West Midlafids Regional FE Chaplaincy Development
756.349
11,4341
754,915
19,045
14401
18.605
Restrlrted fund
West Midland5 Regional FE Chaplainry Development
Endowmènt lunds
Endowrnent fund
4N66.290
1192.1021
4,274,188
TOTAL FUNOS
5,241,684
193.9761
5,047,708
Net movernent In funds, Included In the above are as follows..
Tr¥nsf•fS
between
funds
Incomlnq
resources
Re50ur¢es
expended
Galn$
&10sses
Movement
In funds
Unrestrlcted funds
General fvnd
General Projects
West Mldland Reglonal FE
Chaplaincy Development
161,490
1151,5461
110,5781
18001
IIA341
14401
Rertrlcted funds
West Mldlands Regional FE
Chaplaincy Development
{11.0181
11.018
Endowment funds
Endowment fund
1190.0121
1192,1021
TOTAL FUNDS
161090
1164.654
I1￿,812)
1193,9761
Page 25

ST PETER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENOED 31 MARCH 2025
16.
MOVEMENT IPJ FUNDS -continued
Ftnaniial yea¢ to
l March 2024 m(wement In lund5
Nel
movement In
funds
At 1.4.23
At 31.3.24
Urtrestrlct•d fund5
General fund
nated
und5
General Project5
West Midlands Re8ional FE Chaplalncy Development
749,283
7.066
756,349
36,719
117,6741
19,045
Restrlcted lund
West Midlands Regional FE Chaplalncy Development
Endowment funds
Endowment fund
4,102,442
363.848
4,466.290
TOTAL FUNDS
4,888,444
353.240
5,241.684
Net movement In funds, Included in the above are as follows..
Tfanslers
between
funds
Incomlng
rewurc
R•sour¢es
expend•d
fjalns
&105ses
Movement
In fund5
Unrestrl£ted funds
General fund
General Projects
155050
1169,0231
18.293
117.6741
7,066
117.6741
Restrlcted funds
West Mldlands Regional FE
Chaplaincy Development
10,625
110,0061
16191
Endowment funds
Endowment fund
12,0901
365.938
363,848
TOTAL FUNDS
166,475
1181,1191
367,884
353.240
Purpose of Unrestrkted Funds
General fund
This fund represents those fund5 which the trustee5 are free to use in atcordan¢e wlth the trust's charitable
objective5.
Oesl
nated fund
Thi5 fund represents those funds that have been committed towards future projects subject to certain Criterla
being met by the recipient.
Page 26

ST PEtER'S SALTLEY TRUST
NOTES TO THE FINANCIAL STATEME14TS- CONTINUED
FOR THE YEAR ENDED31 MARCH 2025
16.
MOVEMENT IN FUNDS- contlnued
Restri
ed fund- West Midlands Re
ional FE Cha
lainc
men
This project aims to develop new further education chaplalncies in some of the 40 or so FE and Slxth Form
colleges In the West Midlands region and strengthen existlng chaplaincies who rnight in turn support colleges in
developing provision for SMSC devèlopment for students and resourcing colleges in matters of religious litera¢v
and community coheslon. It15 currently being funded in partnershipwith thewest Mldlands Synod of the United
Reformed Church.
En
wment fu
The endowment fund represents those assets which must be held permanently by the trust, prlncipally
investments.
Incorne arlsing from the endowment fund can be used in accordance with the objects of the trust and is included
as unrestrlcted Income.
Any capital galns or losses arlslng on the Investments form part of the fund.
Investment manaBemeni charge5 and legal advlce relatlng tts the fund are charged agalnst the fund.
17.
OTHER FINANCIAL COMMrrMENTS
At the year end the trust had the followlng Commitments.
Charitable
The charltable Commltment to projects is éeclded by the trustees on an annual basls.
At l Aprll 2025, appromlmately £81,473 had already been sanctloned for project work over the next three years.
RELATED PARTY DISCLOSVRES
On occaslon, grants are made t*y the St Peter's Saltley Trust to or8anisatlons In whlch the trustees or parties
related to the trustees of the St Peier's Saltley Trust have an Interest. In these instances those trustees are
excluded from ihe grant decision makin8 process.
19.
ULTIMATE CONTrOLiING PARr¢
The trust is controlled by the trustees as listed In the Report of the Trust
Page 27