ST PAUL'S THEOLOGICAL CENTRE
The Charity that provides theological training for both lay and ordained students. It is part of St Mellitus College, one of the Church of England's theological Colleges. SPTC in particular is based at Holy Trinity Brompton Church in Knightsbridge.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus on unrestricted funds of £415,884 for the year ended 31 December 2024, with total income of £2,890,594. Free reserves stood at £1,515,074, which is above the stated policy target of approximately £450,000. The auditors confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“SPTC generated income of £2,890,594 (2023: £2,829,212) comprising mainly income from courses of £1,489,613 (2023: £1,466,660).” — page 7
“The new policy advises SPTC to maintain a minimum reserves level of two months of expenditure, which is approximately £450,000 based on the 2025 budget”
Corporate structure
- Registered company of the charity Companies House 05543940
Company officers (Companies House)
- BEDFORD, Rachel, Reverend on trustee list
- MILLEST, Daniel John, Rev on trustee list
- OTUDEKO, Omosoji Adeyemi on trustee list
- TAGAL, Jacintha Ganit on trustee list
- JACKSON, Sarah Colleen Mitford on trustee list
- COATES, Richard Michael, Rev on trustee list
- LEE, Michael Ho Fai on trustee list
- ORR, James Tristan Ward, Dr on trustee list
- SHANNON, Helen Louise, Rev on trustee list
- SHIPPEN, Jonathan Mark
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Angus Christian Winther
- Jacintha Ganit Tagal
- Michael Ho Fai Lee
- OMOSOJI ADEYEMI OTUDEKO
- Rev Daniel Millest
- Rev HELEN LOUISE SHANNON
- Rev Hugo Charles Amory Foxwood
- Rev Rachel Bedford
- Rev Richard Michael Coates
- Sarah Colleen Mitford Jackson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.9m | £2.5m |
| 31/12/2023 | £2.8m | £2.5m |
| 31/12/2022 | £2.8m | £2.5m |
| 31/12/2021 | £2.0m | £2.2m |
| 31/12/2020 | £2.1m | £1.7m |
Common questions
Is ST PAUL'S THEOLOGICAL CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus on unrestricted funds of £415,884 for the year ended 31 December 2024, with total income of £2,890,594. Free reserves stood at £1,515,074, which is above the stated policy target of approximately £450,000. The auditors confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Who funds ST PAUL'S THEOLOGICAL CENTRE?
Funders whose own accounts filings name ST PAUL'S THEOLOGICAL CENTRE as a grant recipient include CHURCH REVITALISATION TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON.
Shared trustees with funders
- Angus Christian Winther — trustee here and at THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHURCH REVITALISATION TRUST | FY2022 | £954k | Support the Peter and Caleb Stream and further the growth & development of the college |
| CHURCH REVITALISATION TRUST | FY2021 | £69k | Support the Peter and Caleb Stream |
| CHURCH REVITALISATION TRUST | FY2023 | £50k | Grants and Mission Giving |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON | FY2022 | £2k | Gifts and regrants to Connected Entities |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Stolkin Foundation | 1 | £208k |
| SEEDFIELD TRUST | 1 | £1k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON
- WESTMINSTER THEOLOGICAL CENTRE
- ST PAUL'S SCHOOLS FOUNDATION
- ST PAULS (SPENNYMOOR) CENTRE LTD
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL'S EALING
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PAUL'S, ST. MARYLEBONE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST PAUL'S THEOLOGICAL CENTRE | £2.9m | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON | £10.1m | — | 0 | unclear | — | no doubt |
| WESTMINSTER THEOLOGICAL CENTRE | £1.3m | — | 0 | below | — | no doubt |
| ST PAUL'S SCHOOLS FOUNDATION | £1.1m | — | 0 | unclear | — | no doubt |
| ST PAULS (SPENNYMOOR) CENTRE LTD | £250k | — | 0 | below | — | noted |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL'S EALING | £739k | — | 0 | unclear | — | no doubt |