VERITAS COLLEGE INTERNATIONAL
The aim of Veritas College is to equip pastors and other leaders in the church in competencies to effectively interpret, apply and communicate Holy Scripture. The College meets the pastors in their own context allowing them to continue supporting their own churches and families and not taking them away for residential training that is more costly and sometimes out of context for the pastors.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £73,647 for the year ended 30 June 2025, resulting in total funds decreasing from £510,187 to £436,540. Per the trustees' report, the charity remains dependent on donor generosity to fund its training activities, with unrestricted reserves standing at £182,359. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“During the year the charity received donations totalling £231,685 (2024: £289,010) from Ferndale International a charitable company of which R Oosthuizen and B P Wolvaardt are directors and trustees, £5,000 (2024: £8,000) from Wolfpack Properties Limited a company of which B P Wolvaardt is a director, £227,798 (2024: £280,233) from Veritas College International in Australia, South Africa and USA, overseas charities under common control and £35,684 (2024: £4,800) from other related parties. Grants of £133,404 (2024: £248,676) have been paid to Veritas College International in Australia, South Africa and USA, in respect of management, administrative and charitable expenditure.” — page 25
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- RENIER OOSTHUIZENchair
- DR BENNIE WOLVAARDT
- HEIN DE VILLIERS
- MOIRA WOLVAARDT
- Rev JOHANNES FREDERIK HENDRICKS
- Roule Jones CA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £784k | £857k |
| 30/06/2024 | £832k | £771k |
| 30/06/2023 | £601k | £855k |
| 30/06/2022 | £540k | £696k |
| 30/06/2021 | £774k | £547k |
Common questions
Is VERITAS COLLEGE INTERNATIONAL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £73,647 for the year ended 30 June 2025, resulting in total funds decreasing from £510,187 to £436,540. Per the trustees' report, the charity remains dependent on donor generosity to fund its training activities, with unrestricted reserves standing at £182,359. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAPTIST UNION OF GREAT BRITAIN | 1 | £288k |
| WESTMINSTER COLLEGE TRUST, OXFORD | 1 | £100k |
| CANTERBURY PROGRAMME | 1 | £75k |
| HERTFORD BAPTIST CHURCH | 1 | £7k |
| HERNE HILL BAPTIST CHURCH | 1 | £4k |
| NEW MALDEN BAPTIST CHURCH | 1 | £3k |
| BLOOMSBURY CENTRAL BAPTIST CHURCH | 1 | £3k |
| COLCHESTER BAPTIST CHURCH | 1 | £2k |
Charities like this
- VERITAS CATHOLIC EDUCATION, WELFARE AND CULTURE FOUNDATION (COMMONLY KNOWN AS VERITAS FOUNDATION)
- THE PONTIFICAL BEDA COLLEGE, ROME TRUST FUND
- THE RELIGIOUS OF CHRISTIAN INSTRUCTION
- CLIFF COLLEGE
- RIPON COLLEGE CUDDESDON
- SPURGEONS COLLEGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| VERITAS COLLEGE INTERNATIONAL | £784k | — | 0 | unclear | — | no doubt |
| VERITAS CATHOLIC EDUCATION, WELFARE AND CULTURE FOUNDATION (COMMONLY KNOWN AS VERITAS FOUNDATION) | £197k | — | 0 | unclear | — | no doubt |
| THE PONTIFICAL BEDA COLLEGE, ROME TRUST FUND | £159k | — | 0 | unclear | — | no doubt |
| THE RELIGIOUS OF CHRISTIAN INSTRUCTION | £134k | — | 0 | unclear | — | no doubt |
| CLIFF COLLEGE | £2.9m | — | 0 | below | — | no doubt |
| RIPON COLLEGE CUDDESDON | £2.5m | £60,001 - £70,000 | 1 | above | — | no doubt |