ST MELLITUS COLLEGE TRUST
Theological training for Church of England ordinands, Lay Readers and others.
Latest income
£4.5m
Latest spending
£4.5m
Registered
2002
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £814,811, which is above the trustees' stated policy target of one term's expenditure (estimated at £480,000). The charity reported a net operating surplus of £42,426 for the year, supported by total incoming resources of £4,533,212.
What the accounts disclose
Largest income source: Archbishops' Council of the Church of England (76% of income)
“The College’s main source of funding is student fees which this year amounted to £3,533,416 (2024: £3,229,683), of which £2,687,941 (76%) (2024: £2,306,895 - 71%) came from the Archbishops’ Council of the Church of England for the training of Church of England ordinands.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: one term's expenditure (estimated at £480,000) (held: £815k)
“The trustees consider that the most appropriate level of free reserves to be held on an ongoing basis would be the equivalent of one term’s expenditure. Based on current projections it is estimated that one term’s expenditure would be in the region of £480,000” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Funding received from Archbishops' Council
“The Archbishops' Council - funding received of £3,298,586 (2024: £2,584,420 ) The Archbishops' Council - outstanding net debtor £173,627 (2024: £49,623 ) The Archbishops' Council - recharge of expenses incurred on their behalf” — page 31
“London Diocesan Fund - funding received of £22,828 (2024: £20,991 ) London Diocesan Fund – outstanding debtor £NIL (2024: £NIL )” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Funding received from London Diocesan Fund
“The Archbishops' Council - funding received of £3,298,586 (2024: £2,584,420 ) The Archbishops' Council - outstanding net debtor £173,627 (2024: £49,623 ) The Archbishops' Council - recharge of expenses incurred on their behalf” — page 31
“London Diocesan Fund - funding received of £22,828 (2024: £20,991 ) London Diocesan Fund – outstanding debtor £NIL (2024: £NIL )” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Funding received from Chelmsford Diocesan Board of Finance
“The Archbishops' Council - funding received of £3,298,586 (2024: £2,584,420 ) The Archbishops' Council - outstanding net debtor £173,627 (2024: £49,623 ) The Archbishops' Council - recharge of expenses incurred on their behalf” — page 31
“London Diocesan Fund - funding received of £22,828 (2024: £20,991 ) London Diocesan Fund – outstanding debtor £NIL (2024: £NIL )” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with St Paul's Theological Centre
“The Archbishops' Council - funding received of £3,298,586 (2024: £2,584,420 ) The Archbishops' Council - outstanding net debtor £173,627 (2024: £49,623 ) The Archbishops' Council - recharge of expenses incurred on their behalf” — page 31
“London Diocesan Fund - funding received of £22,828 (2024: £20,991 ) London Diocesan Fund – outstanding debtor £NIL (2024: £NIL )” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Funding received from Holy Trinity Brompton
“The Archbishops' Council - funding received of £3,298,586 (2024: £2,584,420 ) The Archbishops' Council - outstanding net debtor £173,627 (2024: £49,623 ) The Archbishops' Council - recharge of expenses incurred on their behalf” — page 31
“London Diocesan Fund - funding received of £22,828 (2024: £20,991 ) London Diocesan Fund – outstanding debtor £NIL (2024: £NIL )” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Rt Revd Dr Graham Tomlin — Chair of the Board
- Revd Dr Sean Doherty — Executive Principal
- Tilly Bacon — Chief Operating Officer
- Revd Ed Olsworth-Peter — Director of Innovation and Development
- Dr Steve Smith — Director of Studies
- Revd Dr Hannah Steele — Director of St Mellitus College, London
- Revd Dr Marcus Throup — Director of St Mellitus College, London
- Jonny Gumbel — Director of Network Vocations and Partnerships
Structured financials (annual return, FY ending 31/07/2025)
Total income
£4.5m
Total spending
£4.5m
Reserves (reported)
£800k
Employees
26
Trustees
- Angus Christian Winther
- Catherine Wallace Butcher
- Dr GRAHAM STUART TOMLIN
- Rev Kate Elizabeth Wharton
- Rev Richard Michael Coates
- Rt Revd Dr Emma Gwynneth Ineson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £4.5m | £4.5m |
| 31/07/2024 | £3.8m | £4.0m |
| 31/07/2023 | £3.0m | £3.2m |
| 31/07/2022 | £3.5m | £3.4m |
| 31/07/2021 | £3.9m | £3.4m |
Common questions
Is ST MELLITUS COLLEGE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £814,811, which is above the trustees' stated policy target of one term's expenditure (estimated at £480,000). The charity reported a net operating surplus of £42,426 for the year, supported by total incoming resources of £4,533,212. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £898k |
| THE MONTEFIORE ENDOWMENT | 1 | £194k |
| THE BURDEN TRUST | 1 | £129k |
| COUNTYPIER LIMITED | 1 | £116k |
| THE ANGLO-AMERICAN CHARITY LIMITED | 1 | £91k |
| THE MARCUS MARGULIES CHARITABLE TRUST | 1 | £72k |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £50k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £50k |
Charities like this
- MALAYALAM GOSPEL CHURCH
- ALEXANDER SHTIEBEL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY AND ALL SAINTS, TRENTHAM
- TRINITY COLLEGE BRISTOL LIMITED
- THE LONDON SCHOOL OF JEWISH STUDIES
- CHRIST THE REDEEMER COLLEGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST MELLITUS COLLEGE TRUST | £4.5m | — | 0 | above | — | no doubt |
| MALAYALAM GOSPEL CHURCH | £205k | — | 0 | unclear | — | no doubt |
| ALEXANDER SHTIEBEL | £248k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY AND ALL SAINTS, TRENTHAM | £250k | — | 0 | unclear | — | no doubt |
| TRINITY COLLEGE BRISTOL LIMITED | £3.1m | — | 0 | unclear | — | no doubt |
| THE LONDON SCHOOL OF JEWISH STUDIES | £1.8m | — | — | unclear | — | no doubt |