Westminster Methodist Central Hall Trust
The object of the trust is the provision of funds to further the Methodist Church's Mission and to maintain the Methodist Central Hall, which is its principal asset. Develop a sustainable heritage attraction, educational resource, and museum for research purposes
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a net profit of £42,000 for the year ended 31 August 2025, with total income of £8,970,000. However, the Trust holds unrestricted reserves of £8,303,672 against a stated policy target of £1,000,000, while noting that the group has net current liabilities of £1,767,857 primarily due to non-refundable deferred income.
What the accounts disclose
“The Trustees have therefore determined that their reserves policy is for the Trust (and not the Company) to hold a cash reserve of £1,000,000.” — page 7
“The ultimate holding entity of the Trust is the Methodist Church. During the year the Trust donated £nil (2024: £288,066) to the Methodist Church and in 2023/24 the Trust received a grant of £4,000,000 from the Methodist Church.” — page 29
“The Methodist Church rents a room in Central Hall Westminster and during the year paid £nil to the Trust (2024: £12,000).” — page 29
“The ultimate holding entity of the Trust is the Methodist Church. During the year the Trust donated £nil (2024: £288,066) to the Methodist Church and in 2023/24 the Trust received a grant of £4,000,000 from the Methodist Church.” — page 29
“The Methodist Church rents a room in Central Hall Westminster and during the year paid £nil to the Trust (2024: £12,000).” — page 29
“The ultimate holding entity of the Trust is the Methodist Church. During the year the Trust donated £nil (2024: £288,066) to the Methodist Church and in 2023/24 the Trust received a grant of £4,000,000 from the Methodist Church.” — page 29
“The Methodist Church rents a room in Central Hall Westminster and during the year paid £nil to the Trust (2024: £12,000).” — page 29
“A trading company, Central Hall Westminster Limited (the Company), is wholly owned by the Trust.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Rev PAUL EDWARD REGANchair
- Balachandren Muthuvaloe Gnanapragasam
- JUDITH MARY MITCHELL
- John Harris Robinson
- NANA AMA ACKAH-YENSU
- Rev ANTHONY DAVID MILES
- Rev Dr Jonathan Dean
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £9.0m | £8.9m |
| 31/08/2024 | £11.9m | £8.9m |
| 31/08/2023 | £8.6m | £9.5m |
| 31/08/2022 | £5.9m | £6.3m |
| 31/08/2021 | £932k | £3.1m |
Common questions
Is Westminster Methodist Central Hall Trust financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a net profit of £42,000 for the year ended 31 August 2025, with total income of £8,970,000. However, the Trust holds unrestricted reserves of £8,303,672 against a stated policy target of £1,000,000, while noting that the group has net current liabilities of £1,767,857 primarily due to non-refundable deferred income. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JULIA RAUSING TRUST | 1 | £1.0m |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £30k |
| EMMANUEL CHURCH OXFORD | 1 | £25k |
| THE KIRBY LAING FOUNDATION | 1 | £25k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £25k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £23k |
| THE HOBSON CHARITY LIMITED | 1 | £20k |
| THE FINNIS SCOTT FOUNDATION | 1 | £8k |
Charities like this
- CHURCHCENTRAL TRUST
- TRUSTEES FOR METHODIST CHURCH PURPOSES
- WESTMINSTER COLLEGE TRUST, OXFORD
- THE WESTMINSTER ABBEY TRUST
- QUINTIN HOGG TRUST
- THE CONGREGATIONAL MEMORIAL HALL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Westminster Methodist Central Hall Trust | £9.0m | — | — | unclear | — | no doubt |
| CHURCHCENTRAL TRUST | £671k | — | 0 | below | — | no doubt |
| TRUSTEES FOR METHODIST CHURCH PURPOSES | £1.6m | — | 0 | above | — | no doubt |
| WESTMINSTER COLLEGE TRUST, OXFORD | £645k | — | 0 | above | — | no doubt |
| THE WESTMINSTER ABBEY TRUST | £3.1m | — | 0 | above | — | no doubt |
| QUINTIN HOGG TRUST | £7.0m | — | 0 | unclear | — | no doubt |