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SALISBURY METHODIST CIRCUIT

Registered charity 1134362 · accounts filings on the Charity Commission register

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Latest income
£1.1m
Latest spending
£376k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that net current assets of the general and designated funds were £228,000, providing approximately a year's cover for expenditure. This figure exceeds the charity's stated reserves policy target. The charity reported a net income surplus of £271,505 for the year ended 31 August 2024.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure plus £20,000 (held: £228k)
“The Reserves Policy for the Circuit is to hold a minimum sum equivalent to 3 months’ average expenditure plus a manse maintenance reserve of £20,000” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Circuit is part of the Southampton District and is also accountable to the Methodist Conference. The Circuit acts as agent for Connexional Funds and grants.
“Related parties include the Methodist Connexion, The Southampton District and Churches within the Circuit, CFB and TMCP. All financial transactions with these related parties are reported in these accounts.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.1m
Total spending
£376k
Reserves (reported)
£0
Employees
6

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Dorset · Hampshire · Wiltshire

Income and spending

Financial year endIncomeSpending
31/08/2025£1.1m£376k
31/08/2024£524k£252k
31/08/2023£170k£275k
31/08/2022£212k£272k
31/08/2021£440k£268k

Common questions

Is SALISBURY METHODIST CIRCUIT financially healthy?

The accounts state that net current assets of the general and designated funds were £228,000, providing approximately a year's cover for expenditure. This figure exceeds the charity's stated reserves policy target. The charity reported a net income surplus of £271,505 for the year ended 31 August 2024. Its FY2024 accounts were independently examined.