FALMOUTH AND GWENNAP METHODIST CIRCUIT

Registered charity 1134291 · accounts filings on the Charity Commission register

The Falmouth and Gwennap Circuit exists to provide support and oversight for the 11 Methodist Churches within it's boundary enabling them to share the love of God by word and in action in their local communities.

Objects

THE PURPOSES OF THE METHODIST CHURCH ARE AND SHALL BE DEEMED TO HAVE BEEN SINCE THE DATE OF UNION THE ADVANCEMENT OF -(A) THE CHRISTIAN FAITH IN ACCORDANCE WITH THE DOCTRINAL STANDARDS AND THE DISCIPLINE OF THE METHODIST CHURCH;(B) ANY CHARITABLE PURPOSE FOR THE TIME BEING OF ANY CONNEXIONAL, DISTRICT, CIRCUIT, LOCAL OR OTHER ORGANISATION OF THE METHODIST CHURCH;(C) ANY CHARITABLE PURPOSE FOR THE TIME BEING OF ANY SOCIETY OR INSTITUTION SUBSIDIARY OR ANCILLARY TO THE METHODIST CHURCH;(D) ANY PURPOSE FOR THE TIME BEING OF ANY CHARITY BEING A CHARITY SUBSIDIARY OR ANCILLARY TO THE METHODIST CHURCH.

Area of benefit: UNDEFINED. IN PRACTICE, LOCAL.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · website · Get email alerts

Latest income
£426k
Latest spending
£963k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a significant deficit for the year, primarily driven by property expenditure and higher-than-budgeted ministerial costs. The trustees note that unrestricted reserves fell below their stated policy target of six months' expenditure, with the Central Finance Board balance dropping to £31,542.35 against a target of approximately £70,000.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Assessment/Share
“a2|Assessment/Share 121,130 121,130 121,581” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £32k; policy: six months expenditure)
“We should have a reserve fund to meet exigencies within the running costs of the circuit. These are about 6 months costs and are about £70 000. The balance as at 31st August 2025 was £31542.35 in the Central Finance Board”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/08/2022)

Total income
£747k
Total spending
£166k
Reserves (reported)
£85k
Employees
2

Reported reserves equal ~6.2 months of spending — below the median for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Other (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.0%) (benchmarks).

Trustees · trustee networks

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/08/2025£426k£963k
31/08/2024£59k£50k
31/08/2023£207k£144k
31/08/2022£747k£166k
31/08/2021£170k£168k

Common questions

Is FALMOUTH AND GWENNAP METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a significant deficit for the year, primarily driven by property expenditure and higher-than-budgeted ministerial costs. The trustees note that unrestricted reserves fell below their stated policy target of six months' expenditure, with the Central Finance Board balance dropping to £31,542.35 against a target of approximately £70,000. Its FY2025 accounts were independently examined.