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THE BROMLEY CHRISTIAN WORKERS TRUST

Registered charity 1183501 · accounts filings on the Charity Commission register · also known as BCTC, BCWT, THE BROMLEY CHRISTIAN TRAING CENTRE

For the public benefit:- to promote and provide Christian, Biblical and pastoral teaching and training in accordance with the Statement of Faith; and- to advance the Christian religion in any part of the world.

Causes: Religious Activities · Get email alerts

Latest income
£171k
Latest spending
£185k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with net liabilities of £67,780, primarily due to a £550,000 provision for the return of funds to Christ Church Bromley. The trustees consider the going concern basis appropriate because the charity is transferring its property and staff to CCB, which is expected to sharply reduce future expenditure and allow income to exceed costs in 2025.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £19k; policy: £20,000)
“The free reserves held by the charity are therefore broadly in line with the policy set by the trustees.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The charity expects to have ceased operating by the end of 2025 and it is possible that the trustees might then decide to close the charity. CCB has agreed that the charity should retain sufficient funds to settle any liabilities that might fall due and, if necessary, to allow for an orderly closure.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CCB is a related party. BCWT agreed to transfer freehold property (market value £425,000) and surplus cash (£125,000) to CCB to settle a claim regarding previous grants. BCWT also donates staff services to CCB.
“In May 2024 the charity and CCB reached an agreement to settle the claim and the charity has agreed to transfer to CCB: (a) its freehold property (which has an estimated market value of £425,000) (b) cash and other assets surplus to requirements (which at the year end was estimated at £125,000) and (c) the employment of its staff.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold); recorded price paid £365k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Register events

Trustees · trustee networks

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

Operates in: Bromley · Croydon · Greenwich · Lewisham

Income and spending

Financial year endIncomeSpending
31/12/2024£171k£185k
31/12/2023£197k£268k
31/12/2022£248k£822k
31/12/2021£300k£314k
31/12/2020£224k£278k

Common questions

Is THE BROMLEY CHRISTIAN WORKERS TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with net liabilities of £67,780, primarily due to a £550,000 provision for the return of funds to Christ Church Bromley. The trustees consider the going concern basis appropriate because the charity is transferring its property and staff to CCB, which is expected to sharply reduce future expenditure and allow income to exceed costs in 2025. Its FY2024 accounts were independently examined.