Westminster Methodist Central Hall Trust
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?
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.