Emmanuel Theological College
THE PROVISION OF QUALITY LOCAL AND ECUMENICAL THEOLOGICAL EDUCATION AND TRAINING
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £172,019 for the year ended 31 August 2025, with total unrestricted and restricted funds rising to £539,635. The trustees confirmed that the charity has adequate resources to continue operating as a going concern for the foreseeable future. Reserves stood at £539,635, which is above the stated policy target of approximately £490,000.
What the accounts disclose
“Income for the year totalled £1,509,762 (2024: £1,533,932) and expenditure amounted to £1,337,743 (2024: £1,214,713 ) per the Statement of Financial Activities (SOFA), leaving net surplus/(deficit) of £539,635 (2024: £367,616 ).” — page 6
“The Trustees have agreed that the aim is for a minimum of six months gross salary and benefits costs be maintained within reserves. Based on the costs incurred this financial year, this would mean that reserves should stand at approximately £490,000.”
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Dr ADANNA LAZZ-ONYENOBI
- Dr Matthew Porter
- George Colvill
- Margaret Ann Cheung
- Nigel Rhyl Robson
- Rev Alec HAM
- Rev David Alex Craven
- Rev Richard Luke Pennystan
- Rev Ruth Newton
- Revd Alexander Robert Brown
- The Revd Dr Admos Osmund Chimhowu
- The Revd Dr Rachel Mann
- The Right Revd Philip John North
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.5m | £1.3m |
| 31/08/2024 | £1.5m | £1.2m |
| 31/08/2023 | £967k | £1.1m |
| 31/08/2022 | £927k | £1.1m |
| 31/08/2021 | £603k | £795k |
Common questions
Is Emmanuel Theological College financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £172,019 for the year ended 31 August 2025, with total unrestricted and restricted funds rising to £539,635. The trustees confirmed that the charity has adequate resources to continue operating as a going concern for the foreseeable future. Reserves stood at £539,635, which is above the stated policy target of approximately £490,000. Its FY2025 accounts were audited by Fairhurst Audit Services Ltd.
Who funds Emmanuel Theological College?
Funders whose own accounts filings name Emmanuel Theological College as a grant recipient include THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED, GOVERNORS OF THE CHARITY FOR RELIEF OF THE POOR WIDOWS AND CHILDREN OF CLERGYMEN (COMMONLY CALLED CLERGY SUPPORT TRUST).
Shared trustees with funders
- Rev David Alex Craven — trustee here and at THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED | FY2024 | £30k | Support for parish ministry |
| THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED | FY2023 | £10k | Other |
| GOVERNORS OF THE CHARITY FOR RELIEF OF THE POOR WIDOWS AND CHILDREN OF CLERGYMEN (COMMONLY CALLED CLERGY SUPPORT TRUST) | FY2023 | £500 | Training/Education. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES | 1 | £2k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EMMANUEL NORTHWOOD
- NAZARENE THEOLOGICAL COLLEGE
- EMMANUEL CELEBRATION CENTRE
- EMMANUEL BAPTIST CHURCH, EXETER
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- UNITARIAN COLLEGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Emmanuel Theological College | £1.5m | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EMMANUEL NORTHWOOD | £585k | — | — | unclear | — | no doubt |
| NAZARENE THEOLOGICAL COLLEGE | £1.6m | — | 0 | unclear | — | no doubt |
| EMMANUEL CELEBRATION CENTRE | £412k | — | 0 | unclear | — | no doubt |
| EMMANUEL BAPTIST CHURCH, EXETER | £245k | £47,966 | 0 | above | — | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |