SOUTHGATE METHODIST CHURCH
RELIGIOUS ACTIVITIES
Latest income
£89k
Latest spending
£97k
Registered
2009
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the church ended the year with a deficit of £7,852, which the Treasurer describes as significant and unsustainable, though less than the previous year's deficit. Free/unrestricted reserves increased to £32,071, supported by capital withdrawals from TMCP investments to cover general income shortfalls.
What the accounts disclose
Trustees
- Rev Godfrey Chikavirochair
- ANDREW STOPFORD
- Colin Lees
- Graham Seyit Alsancak
- JENNIFER ELIZABETH IREDALE
- James David Pickles
- John Alwyn Kershaw
- Keith Iredale
- Keren Wild
- Lesley Kershaw
- Margery Wilkinson
- Raymond Wilkinson
- Rev Nicholas Biggar
- WILMA MONCKTON PATON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £89k | £97k |
| 31/08/2024 | £85k | £97k |
| 31/08/2023 | £134k | £111k |
| 31/08/2022 | £94k | £99k |
| 31/08/2021 | £79k | £68k |
Common questions
Is SOUTHGATE METHODIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the church ended the year with a deficit of £7,852, which the Treasurer describes as significant and unsustainable, though less than the previous year's deficit. Free/unrestricted reserves increased to £32,071, supported by capital withdrawals from TMCP investments to cover general income shortfalls. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 26/11/2008 | £10k | "This Church Management Committee Have Recently Redeveloped And Modernised Their Building To Make It Accessible To All. The Premises Are Curr" |