HORSFORTH GROVE METHODIST CHURCH
Financial health, per its FY2025 accounts
The accounts state that the church has moved from a period of financial difficulty to a stable footing, achieving a surplus for the year ended 31 August 2025. The trustees report that unrestricted reserves are being rebuilt, with the General Fund increasing to £36,109, while the charity aims to accumulate reserves equivalent to six months of expenditure.
What the accounts disclose
“The General Fund comprises the unrestricted reserves of the Church. Whilst still being built up, it aims to accumulate the equivalent of six months potential expenditure, currently estimated as between £80,000 to £85,000.” — page 21
“This includes payment of the full Circuit Assessment for the church, which was £61,966 together with an additional voluntary donation to make the paid amount up to £65,000. This is a major and ongoing expenditure for sustaining and supporting the ministry and work of the Leeds South and West Circuit of which The Grove is one of eighteen constituent churches.” — page 4
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Trustees
- Rev Michelle Sarah Onyett MA BAchair
- Andrew James Walker
- Ann Bailey
- BARBARA CAROLE BUCKLEY DIP ED
- Barry George Martin
- Carol Patricia Hoyle
- Christine Martin
- David Robert Buckley
- Eric James Douglass
- Graham Derek Hoyle
- Helena Jane Watkins
- JUDITH CHAPLIN
- Janet Taylor
- KEITH WHITHAM BSc
- Kath Ashby
- Linda Susan Douglass
- Michael Wallis
- PATRICIA WHITHAM
- PETER MAWSON BED MPHIL
- Paul Thompson
- Philip John Maud
- SALLY WOLFE
- Suzanne Elizabeth Arnold
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £256k | £212k |
| 31/08/2024 | £161k | £171k |
| 31/08/2023 | £141k | £157k |
| 31/08/2022 | £130k | £135k |
| 31/08/2021 | £92k | £100k |
Common questions
Is HORSFORTH GROVE METHODIST CHURCH financially healthy?
The accounts state that the church has moved from a period of financial difficulty to a stable footing, achieving a surplus for the year ended 31 August 2025. The trustees report that unrestricted reserves are being rebuilt, with the General Fund increasing to £36,109, while the charity aims to accumulate reserves equivalent to six months of expenditure. Its FY2025 accounts were independently examined.