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ENFIELD METHODIST CIRCUIT

Registered charity 1131881 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£381k
Latest spending
£672k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total net assets increased from £2,904,290 to £3,830,585 during the year, driven by a net income of £870,371. The trustees maintain a reserves policy of holding six months' average expenditure, and the current unrestricted funds appear sufficient to meet this target and ongoing operational needs.

What the accounts disclose

Reserves policy: six months' average expenditure (held: £3.2m)
“The Reserves Policy for the Circuit is to hold a minimum sum equivalent to 6 months' average expenditure.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Enfield Methodist Foodhubs (matched by registered charity number).

Structured financials (annual return, FY ending 31/08/2023)

Total income
£2.0m
Total spending
£1.2m
Reserves (reported)
£370k
Employees
4

Reported reserves equal ~3.8 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Enfield

Income and spending

Financial year endIncomeSpending
31/08/2025£381k£672k
31/08/2024£435k£1.0m
31/08/2023£2.0m£1.2m
31/08/2022£951k£2.1m
31/08/2021£1.3m£1.6m

Common questions

Is ENFIELD METHODIST CIRCUIT financially healthy?

The accounts state that total net assets increased from £2,904,290 to £3,830,585 during the year, driven by a net income of £870,371. The trustees maintain a reserves policy of holding six months' average expenditure, and the current unrestricted funds appear sufficient to meet this target and ongoing operational needs. Its FY2023 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with DANE AND TRENT METHODIST CIRCUIT.