ST ALBANS AND WELWYN METHODIST CIRCUIT
Financial health, per its FY2023 accounts
The accounts state that the circuit reported a net deficit of £39,478 for the year ended 31 August 2023, resulting in a decrease in total funds. The trustees confirmed that the circuit has sufficient resources to continue in operational existence for the foreseeable future, with unrestricted net assets of £4,733,689 held at the reporting date.
What the accounts disclose
“The drcuit also pays HatReld Road MC 6 1 280 per year (2022/22 El OINf for the use of en ofgcs” — page 11
Trustees
- ANTHONY JOHN STUBBS
- Carl Meredith
- DAVID LAWRENCE CARTER
- DENISE MARGARET WILLINGHAM
- David Bowler
- Dr George Thomas Woods KStJ, DBA
- Dr John Sterland
- ERIC CHARLES BRIDGSTOCK
- Hazel Marian Laming
- Helen Jeckells
- Ian David Gilbert
- JAMES ANDREW JOHNSTONE
- JOHN NEIL ROBINSON
- Joanna Elisabeth Rose
- MBA FCIPD Addy Olubajo Mr
- MR BOB CAMERON
- Mary Burnside
- Peter Holt
- Pretty Nkiwane
- REV David Mullins
- REV John Churcher
- ROBERT HARVEY WARD
- Rev Alan Combes
- Rev David Jebb
- Rev Jervis Daniel Yovan
- Rev Nigel Perrott
- Rev Rosemary Mutopo
- Rosalind Ann Hancock
- Ruth Elizabeth Wallace
- STUART FINLAY JOHNSON
- TONY OSTLER
- Valerie Christine Parker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £331k | £395k |
| 31/08/2024 | £302k | £303k |
| 31/08/2023 | £290k | £329k |
| 31/08/2022 | £296k | £324k |
| 31/08/2021 | £299k | £308k |
Common questions
Is ST ALBANS AND WELWYN METHODIST CIRCUIT financially healthy?
The accounts state that the circuit reported a net deficit of £39,478 for the year ended 31 August 2023, resulting in a decrease in total funds. The trustees confirmed that the circuit has sufficient resources to continue in operational existence for the foreseeable future, with unrestricted net assets of £4,733,689 held at the reporting date. Its FY2023 accounts were audited by Newman Morris Chartered Accountants.