LICHFIELD THEOLOGICAL COLLEGE GENERAL PURPOSES FUND (TRUST 142)

Registered charity 528648 · accounts filings on the Charity Commission register · also known as LICHFIELD THEOLOGICAL COLLEGE, LICHFIELD THEOLOGICAL COLLEGE GENERAL PURPOSES FUND

the main purpose of the charity is to offer financial support for those undertaking training into the priesthood of the Church of England, and also to offer support in encouraging the persons concerned in further religious education.

Causes: Religious Activities · Get email alerts

Latest income
£62k
Latest spending
£51k
Registered
1985
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £10,418 for the year ended 31 December 2024, with total funds increasing to £1,435,609. The trustees consider the current reserves level adequate to support the charity's work, noting that the structured reduction in income reserves is beneficial to its aims. The charity does not employ any staff and relies on investment income and grants to fund its charitable activities.

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

What the accounts disclose

Largest income source: none
The Charity does not employ any staff. — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: not to develop significant income reserves, but expend the income generated within any twelve-month period (held: £39k)
It is not the intention of the trustees to develop significant income reserves, but expend the income generated within any twelve-month period
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Birmingham City · Coventry City · Derbyshire · Dudley · Sandwell · Shropshire · Solihull · Staffordshire · Walsall · Wolverhampton

Income and spending

Financial year endIncomeSpending
31/12/2024£62k£51k
31/12/2023£50k£49k
31/12/2022£42k£39k
31/12/2021£39k£35k
31/12/2020£39k£32k

Common questions

Is LICHFIELD THEOLOGICAL COLLEGE GENERAL PURPOSES FUND (TRUST 142) financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £10,418 for the year ended 31 December 2024, with total funds increasing to £1,435,609. The trustees consider the current reserves level adequate to support the charity's work, noting that the structured reduction in income reserves is beneficial to its aims. The charity does not employ any staff and relies on investment income and grants to fund its charitable activities. Its FY2024 accounts were independently examined.