FULWOOD METHODIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that the church received £170,995 in total receipts and incurred £160,652 in total payments for the year ended 31 August 2024, resulting in a net increase in cash funds held. The finance committee report notes that while the general fund showed an adjusted deficit of £13,359, the church expects income to exceed expenditure in 2024/25 due to a reduced Circuit Assessment. The trustees confirmed that the annual report and accounts were presented to the meeting of the Church trustees.
What the accounts disclose
Trustees
- AMANDA ELIZABETH LATHAM BA, ACA
- Angela Dunnett
- Catherine Vesty
- Christine Elizabeth Oldham
- Elizabeth Stone
- Gill McGill
- Hilary Ann Banks BA
- JANET WALES MA MBE
- JANICE ASTLEY
- Joan Paulette Smith
- John Kenvyn Wales
- Judith Hodgson
- Karen Flynn
- Laura Ayles
- Liz Ellison
- MARGARET ALICE SQUIRE
- Mavis Fletcher
- Mike Ellis
- Oladipo Adepoju
- Sonia Phillips
- Sue Penrith
- Ted Lowes
- Veronica June Frost
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £154k | £124k |
| 31/08/2024 | £171k | £161k |
| 31/08/2023 | £144k | £146k |
| 31/08/2022 | £144k | £145k |
| 31/08/2021 | £119k | £133k |
Common questions
Is FULWOOD METHODIST CHURCH financially healthy?
The accounts state that the church received £170,995 in total receipts and incurred £160,652 in total payments for the year ended 31 August 2024, resulting in a net increase in cash funds held. The finance committee report notes that while the general fund showed an adjusted deficit of £13,359, the church expects income to exceed expenditure in 2024/25 due to a reduced Circuit Assessment. The trustees confirmed that the annual report and accounts were presented to the meeting of the Church trustees. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BANBURY CHARITIES | 1 | £9k |