BUDE AND HOLSWORTHY METHODIST CIRCUIT
The activities and purposes of the circuit include the effective deployment of resources of ministry, including people (both staff and volunteers), property and finance, within the member churches, development of circuit policy, training of local (lay) preachers, and the organisation of circuit events including church services, quiet days and retreats, and outreach events.
Objects
The purposes of the Methodist Church are and shall be deemed to have been since the date of union the advancement of -(a) the Christian faith in accordance with the doctrinal standards and the dicipline of the Methodist Church;(b) any charitable purpose for the time being of any Connexional, district, circuit, local or other organisation of the Methodist Church;(c) any charitable purpose for the time being of any society or institution subsiduary or ancillary to the Methodist Church;(d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church.
Financial health, per its FY2025 accounts
The accounts state that the charity operated on a deficit budget with expenditure of £366,460 against income of £193,427, resulting in a net deficit of £173,030. The trustees expect this deficit level to continue for the next few years, funded by proceeds from the sale of redundant chapels and unrestricted reserves. While unrestricted reserves are slightly below the stated policy target of £620,000, the trustees believe the charity remains viable with sufficient resources to meet its liabilities.
What the accounts disclose
“Assessments on churches 153,023” — page 11
“The unrestricted reserves excluding designated funds are slightly below this target”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/08/2021)
Trustees
- Rev Margaret Slingochair
- ANDREW MICHAEL PITT
- Annette Cole
- Barry Bryne
- CATH PADDON
- COURTNEY DREW
- Charles John Dennis CLEAVE
- DEREK WALTER LOTT
- Deborah French
- ELIZABETH BRAY
- Elizabeth Robinson
- Fiona Cleave
- Gillian Ann Beasley
- Godfrey Martyn Cole
- Hilary Vivian
- Jane Bailey
- KAREN SHEPHERD
- MARK SHEPHERD
- MARY BROMELL
- MERVYN GARFIELD UGLOW
- MIKE METHERELL
- Mark Shears
- Nicola Jayne Hobbs
- REV JOY CHRISTINE WILSON BA
- ROSE HEARD
- Rosalind Mary Watson
- SANDRA SHEPHERD
- SHEILA CHOLWILL
- Stephen George Jose
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £193k | £366k |
| 31/08/2024 | £208k | £466k |
| 31/08/2023 | £318k | £554k |
| 31/08/2022 | £445k | £277k |
| 31/08/2021 | £982k | £277k |
Common questions
Is BUDE AND HOLSWORTHY METHODIST CIRCUIT financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated on a deficit budget with expenditure of £366,460 against income of £193,427, resulting in a net deficit of £173,030. The trustees expect this deficit level to continue for the next few years, funded by proceeds from the sale of redundant chapels and unrestricted reserves. While unrestricted reserves are slightly below the stated policy target of £620,000, the trustees believe the charity remains viable with sufficient resources to meet its liabilities. Its FY2025 accounts were independently examined.