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MULTIMEDIA THEOLOGICAL TRAINING LIMITED

Registered charity 1144746 · accounts filings on the Charity Commission register · also known as PARS THEOLOGICAL CENTRE

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Latest income
£1.4m
Latest spending
£1.4m
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £791,179, which is above the stated policy target of three months of operating funds. The charity reported a net income of £280,735 and confirmed adequate resources to continue as a going concern.

What the accounts disclose

Reserves policy: three months of operating funds (held: £791k)
“Multimedia Theological Training Ltd adopts a reserves policy, which sets aside three months of operating funds to protect the ministry from the risk of disruption at short notice due to a lack of funds” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Dr Fatehi, a trustee, received remuneration and benefits amounting to £58,313 in 2024, this includes gross pay of £51,000, employers NI of £5,783 and employers Pension of £1,530
“Dr Fatehi, a trustee, received remuneration and benefits amounting to £58,313 in 2024, this includes gross pay of £51,000, employers NI of £5,783 and employers Pension of £1,530 (£58,313 in 2023). Rev Dr. Tavassoli, a trustee, received remuneration and benefits amounting to £12,388 for lecturing. Malcolm Steer, a trustee, received remuneration of £2,100 and reimbursement for travel amounting to £887.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by MC Audit Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.4m
Total spending
£1.4m
Reserves (reported)
£690k
Employees
13

Reported reserves equal ~5.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.4m£1.4m
31/12/2024£1.6m£1.3m
31/12/2023£1.1m£1.3m
31/12/2022£1.4m£1.3m
31/12/2021£1.4m£1.1m

Common questions

Is MULTIMEDIA THEOLOGICAL TRAINING LIMITED financially healthy?

The accounts state that unrestricted reserves stood at £791,179, which is above the stated policy target of three months of operating funds. The charity reported a net income of £280,735 and confirmed adequate resources to continue as a going concern. Its FY2024 accounts were audited by MC Audit Limited.