NORTHERN COLLEGE (UNITED REFORMED AND CONGREGATIONAL)

Registered charity 529253 · accounts filings on the Charity Commission register · also known as NORTHERN COLLEGE, NORTHERN COLLEGE (UNITED REFORMED AND CONGREGATIONAL) BURSARY AND PRIZE FUND, THE CONGREGATIONAL COLLEGE MANCHESTER

The object of the College is to advance the Christian Religion in accordance with the tenets of the Churches by providing education and training for:1. candidates for the ministries of the Churches,2. Ministers of, and lay people in, the Churches, and3. Ministers and lay persons from other denominations and in such other ways as the governors think fit.

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income
£557k
Latest spending
£602k
Registered
1961
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds £7,266,750 in total reserves, with £6,545,884 classified as free reserves. The trustees report a net outgoing resource of £45,510 for the year, largely offset by a significant gain on investment assets of £551,185. The trustees confirm adequate resources to continue operations for the foreseeable future, despite noting a planned merger process and ongoing funding reviews with the United Reformed Church.

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

What the accounts disclose

Largest income source: Incoming resources from charitable activities (72% of income)
“Incoming resources from charitable activities 4 399,324 . . 399,324 367,419”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: c. £4,935,000 (held: £6.5m)
“Governors estimate that the level of reserves required to generate a substantial level of income are c. £4,935,000.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Beever and Struthers. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2024)

Total income
£557k
Total spending
£602k
Cost of raising funds
£27k
Reserves (reported)
£6.5m
Employees
6

Reported reserves equal ~130.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (72% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.9% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2024£557k£602k
31/08/2023£516k£603k
31/08/2022£489k£568k
31/08/2021£480k£537k
31/08/2020£518k£579k

Common questions

Is NORTHERN COLLEGE (UNITED REFORMED AND CONGREGATIONAL) financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds £7,266,750 in total reserves, with £6,545,884 classified as free reserves. The trustees report a net outgoing resource of £45,510 for the year, largely offset by a significant gain on investment assets of £551,185. The trustees confirm adequate resources to continue operations for the foreseeable future, despite noting a planned merger process and ongoing funding reviews with the United Reformed Church. Its FY2024 accounts were audited by Beever and Struthers.