Finance Score: -2

Governance Score: 6

Support Score: 3

Poor Liquidity: -1
Good Reserves: +1Multiple Deficits: -2

Good trustee age range: +3
Dynamic board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 7

UNION FOUNDATION

Training people for the Christian Ministry

Analysis by Giving is Great

Positives:

The charity has received Government grants
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23		£1,489	£1,607	£-118	£0	£1,576	£1,533	11.4	22	10
31/08/22		£1,477	£1,616	£-139	£0	£1,694	£1,631	12.1	22	10
31/08/21		£1,412	£1,338	£74	£0	£1,833	£1,777	15.9	20	10
31/08/20		£1,321	£1,358	£-38	£0	£1,759	£1,737	15.3	20	15
31/08/19		£1,621	£1,592	£29	£0	£1,797	£1,742	13.1	20	10
31/08/18		£1,579	£1,366	£213	£0	£1,767	£1,669	14.7	21	0
31/08/17		£949	£1,071	£-122	£7	£1,555	£1,493	16.7	22	0
31/08/16		£1,004	£1,057	£-53	£0	£903	£842	9.6	23	0
31/08/15		£1,111	£1,099	£12	£12	£956	£71	0.8	24	0
31/08/14		£1,300	£1,138	£161	£14	£944	£924	9.7	23	0
31/08/13		£992	£1,052	£-60	£34	£783	£587	6.7	18	0
31/08/12		£827	£692	£136	£15	£842	£740	12.8	15	0
31/08/11		£859	£635	£224	£11	£706	£426	8	15	0
31/08/10		£766	£658	£109	£29	£483	£333	6.1	18	0
31/08/09		£624	£713	£-89	£11	£374	£323	5.4	18	0
31/08/08		£605	£669	£-64	£8	£463	£410	7.4	20	0
31/08/07		£649	£703	£-54	£6	£527	£474	8.1	18	0
31/08/06		£537	£538	£-2	£0	£0	£0	n/a	0	0
31/08/05	*	£526	£534	£-8	£0	£0	£0	n/a	0	0
31/08/04		£476	£477	£-1	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 23%
Liabilities/Income: 31%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 11.4 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0

Asset Split ?

Established: 38 years

www.ust.ac.uk

info@ust.ac.uk

01656645411

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
Religious Activities

GiG Classification

Christian congregations

How it operates

Makes Grants to Organisations
Provides services

Where it operates

Bridgend,

Who it helps

Other Defined Groups

Who works here?

22 employees
10 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)

Current Trustees appointed

Age Range of Trustees: 37-75

DR GWENFAIR ADAMS Appointed: 2021, Occupation: Professor

DR MYUNG CHUL SHIN Appointed: 2020, Occupation: Business Executive

SUNG-JOO KIM Appointed: 2023, Occupation: Business Woman

DANIEL HENDERSON Appointed: 2023, Occupation: Publisher

KI IL KIM Appointed: 2023, Occupation: Businessman

REV SAM KO (Chair) Appointed: 2011, Occupation: Director, Global Ministries, Sarang Comm. Church

YUN LEE Appointed: 2021, Occupation: Certified Chartered Accountant

DR ERNEST EDEM EDIFOR Appointed: 2023, Occupation: Lecturer, Other trusteeship: THE RIVER MANCHESTER,

REV DR DOUGLAS BIRDSALL Appointed: 2017, Occupation: Clergy

REV MIKE TINDALL Appointed: 2014, Occupation: Minister Of Religion, Other trusteeship: KING'S CHURCH, CHESSINGTON,

REV STEPHEN MARK LEVY Appointed: 2018, Occupation: Church Pastor, Other trusteeship: MOUNT PLEASANT BAPTIST CHURCH,

TREVOR ARCHER Appointed: 2023, Occupation: Training Director, Other trusteeship: CHRISTIANITY EXPLORED,

Legal constitution

Charitable company registered in England & Wales on 18/03/1986, number: 517324
Registered at Companies House on 07/02/1986, number: 01987227

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR05: 167 days late,

Main office

Union School of Theology
Bryntirion House
Bryntirion
BRIDGEND
CF31 4DX

Objectives

TO PROVIDE BIBLICAL AND MISSIONARY TRAINING FOR MEN AND WOMEN WHO HAVE COMMITTED THEMSELVES TO GOD FOR SERVICE ANYWHERE IN THE WORLD.

Defined Area of Benefit:

UNITED KINGDOM, OVERSEAS AND SOUTH WALES

Data Sources