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CROYDON METHODIST CIRCUIT

Registered charity 1129515 · accounts filings on the Charity Commission register

Religious activities in Croydon

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Latest income
£364k
Latest spending
£290k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £73,305 for the year ended 31 August 2025, driven by cost deferrals and savings. The trustees confirm the circuit is a going concern with adequate resources and stable financial performance anticipated over the 2025-28 period.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: at least six months expenditure (held: £174k)
“At the year end, the actual readily available reserves, being the circuit’s General and Model Trust funds, represented 11.48 months (2024: 8.73) expenditure, which is in excess of the stated policy of general reserves of at least six months expenditure.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Circuit comprises 8 churches and each is assessed for a contribution to meet the overall net costs of the Circuit... The churches are considered to be related parties of the circuit.
“The Circuit comprises 8 churches and each is assessed for a contribution to meet the overall net costs of the Circuit. An Assessment on Churches is determined annually by the Circuit using a formulaic method which takes into account the relative number of members in each church and its relative income.” — page 17
“DAF grant was received from the District towards the Deaconal stipend for 3 years at £16,000 a year.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants receivable from the District towards the Deaconal stipend.
“The Circuit comprises 8 churches and each is assessed for a contribution to meet the overall net costs of the Circuit. An Assessment on Churches is determined annually by the Circuit using a formulaic method which takes into account the relative number of members in each church and its relative income.” — page 17
“DAF grant was received from the District towards the Deaconal stipend for 3 years at £16,000 a year.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: Croydon

Income and spending

Financial year endIncomeSpending
31/08/2025£364k£290k
31/08/2024£317k£284k
31/08/2023£311k£268k
31/08/2022£272k£337k
31/08/2021£287k£338k

Common questions

Is CROYDON METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £73,305 for the year ended 31 August 2025, driven by cost deferrals and savings. The trustees confirm the circuit is a going concern with adequate resources and stable financial performance anticipated over the 2025-28 period. Its FY2025 accounts were independently examined.