DURHAM AND DEERNESS VALLEY CIRCUIT OF THE METHODIST CHURCH
Religious Services, Bible Study and Prayer Groups,Children and Young People's Work, Lunch Clubs, Coffee Mornings
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds closed the year at £280,037, which is above the stated minimum reserve policy of £125,000. The trustees confirm the Circuit has sufficient cash and expected assessments to meet next year's expenditure, indicating adequate liquidity despite risks from reducing membership and increased running costs.
What the accounts disclose
“This year the minimum reserve was fixed at £125,000. If funds fall below this figure the shortfall shall be made good by the Churches of the Cireuil”
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Rev John Archer Squareschair
- ALAN CROSS
- CAROLE ANN LOWRIE
- DEACON JANE SUSAN MIDDLETON
- DEACON RUTH MARION LACKENBY
- Dr FRANCIS EJIOGU NDAJI
- Dr Pauline Elizabeth Watson
- GWEN HENDERSON
- HELEN FORSTER
- Hilary Margaret Phillips
- JOAN SCOTT
- JOHN FAIRBAIRN
- JOHN SCOTT
- John Allen
- John Robert Fuller
- LINDA KIRBY
- LINDA SUSAN TEMPLER
- MABEL APPLEBY
- MALCOLM WADGE
- MARGARET ROSE LEWIS
- MARGARET WADGE
- MR W OFFLER
- Maureen Howatt
- PAUL HARRISON
- PETER ROBERT TEMPLER
- PETER WILLIAM HALL
- PROFESSOR MARK RICHARD WILSON
- Paul Roberts
- Penny Bissell LLB Hons
- Peter McCutcheon
- REVEREND RAYMOND HAY
- Rev Brian John Gameson
- Rev Caroline Dick
- Rev Colin James Jackson MA BSc CTM
- Rev Fiona Weir
- Rev Graham John Peaden
- Rev Janet Patricia Jackson
- Rev Jean Hudson
- Rev Joanne Thorns
- Rev Paul Andrew Beetham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £315k | £193k |
| 31/08/2024 | £676k | £203k |
| 31/08/2023 | £179k | £173k |
| 31/08/2022 | £184k | £219k |
| 31/08/2021 | £206k | £183k |
Common questions
Is DURHAM AND DEERNESS VALLEY CIRCUIT OF THE METHODIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds closed the year at £280,037, which is above the stated minimum reserve policy of £125,000. The trustees confirm the Circuit has sufficient cash and expected assessments to meet next year's expenditure, indicating adequate liquidity despite risks from reducing membership and increased running costs. Its FY2025 accounts were independently examined.