NEWCASTLE UPON TYNE DISTRICT OF THE METHODIST CHURCH
Assisting Methodist religious activities in Northumberland and Durham
Financial health, per its FY2025 accounts
The accounts state that the District reported a surplus of £180,912 for the year ended 31st August 2025, with total reserves carried forward of £1,270,066. The trustees confirmed the District is a going concern, citing adequate reserves to cover potential income shortfalls and continued circuit assessments. However, the readily available unrestricted reserves were stated as £79,426, which is just above the policy target of £76,000 required for six months of payroll and closing costs.
What the accounts disclose
“The minimum policy level of the readily available part of the General Fund is such as to pay for six months payroll costs and closing costs of staff redundancies, rent and other costs on leased equipment. At 31st August 2025 this sum amounted to £76k against actual reserves of £79k as stated above.” — page 5
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Alan Irvin
- Audrey Ilderton
- CHRISTINE ARMSTRONG
- CHRISTOPHER MARK HORTON
- DAVID ALEXANDER STABLER ACIB CeMap
- DEACON TRACEY JANE HUME
- David Robert Brown
- Deacon Gail Morgan
- Kathy Bevan
- Margaret Elizabeth Graham
- Martin Shaw
- Rev ELAINE MARGARET LINDRIDGE
- Rev Etleva Walker
- Rev Jane Carter
- Rev Jennifer Gill
- Rev Jennifer Porterpryde
- Rev Susan Richardson
- Revd Stuart Earl
- SHEILA GIBBON
- Sylvia Waters
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £941k | £760k |
| 31/08/2024 | £833k | £753k |
| 31/08/2023 | £606k | £319k |
| 31/08/2022 | £430k | £467k |
| 31/08/2021 | £358k | £440k |
Common questions
Is NEWCASTLE UPON TYNE DISTRICT OF THE METHODIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the District reported a surplus of £180,912 for the year ended 31st August 2025, with total reserves carried forward of £1,270,066. The trustees confirmed the District is a going concern, citing adequate reserves to cover potential income shortfalls and continued circuit assessments. However, the readily available unrestricted reserves were stated as £79,426, which is just above the policy target of £76,000 required for six months of payroll and closing costs. Its FY2025 accounts were independently examined.