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WESTMINSTER THEOLOGICAL CENTRE

Registered charity 1123573 · accounts filings on the Charity Commission register · also registered in Scotland as SC053913 (OSCR)

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Latest income
£1.3m
Latest spending
£1.4m
Registered
2008
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a deficit of £29,298 for the year ended 31 July 2023, with unrestricted general fund reserves decreasing to £92,710. The trustees confirmed the going concern basis of preparation, citing confidence in securing sufficient future funding through donations and student recruitment to cover upcoming financial years.

What the accounts disclose

Related-party transaction: Trustee remuneration for teaching services.
“one trustee was paid £540 (2022 – £540) for teaching services provided to the Charity.” — page 22
“Donations from Trustees totalled £19,655 (2022: £1,650) including the associated Gift Aid.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donations.
“one trustee was paid £540 (2022 – £540) for teaching services provided to the Charity.” — page 22
“Donations from Trustees totalled £19,655 (2022: £1,650) including the associated Gift Aid.”
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: WTC Consulting Ltd
“The wholly owned subsidiary, WTC Consulting Ltd, is a company registered in England and Wales. It is used to operate the non-charitable activities of Westminster Theological Centre.” — page 20
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Hazlewoods LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.3m
Total spending
£1.4m
Cost of raising funds
£2k
Reserves (reported)
£121k
Employees
15

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Birmingham City · Bracknell Forest · Bristol City · Bromley · Cambridgeshire · Derbyshire · East Sussex · Essex · Manchester City · Northern Ireland · Scotland · Southampton City

Income and spending

Financial year endIncomeSpending
31/07/2025£1.3m£1.4m
31/07/2024£1.3m£1.2m
31/07/2023£1.0m£1.1m
31/07/2022£1.0m£945k
31/07/2021£830k£704k

Common questions

Is WESTMINSTER THEOLOGICAL CENTRE financially healthy?

The accounts state that the charity reported a deficit of £29,298 for the year ended 31 July 2023, with unrestricted general fund reserves decreasing to £92,710. The trustees confirmed the going concern basis of preparation, citing confidence in securing sufficient future funding through donations and student recruitment to cover upcoming financial years. Its FY2023 accounts were audited by Hazlewoods LLP.