Charity Accounts Intelreading the accounts so you don’t have to

FOREST METHODIST CIRCUIT

Registered charity 1134384 · accounts filings on the Charity Commission register

Provision of sacred spaces (Buildings) for prayer and worship and halls for community activity.Supporting other charities in the UK and Overseas financially and with prayer. Involvement in ecumenical and inter-faith activities. Supporting the young and vulnerable in Church and community.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Religious Activities · Human Rights/religious Or Racial Harmony/equality Or Diversity · Recreation · website · Get email alerts

Latest income
£410k
Latest spending
£605k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a total net outgoing of £195,086 for the year, resulting in an overall deficit across its cash funds. The trustees note that the Circuit has insufficient regular income to cover the cost of additional lay staff and that increasing assessments is not currently possible, though they maintain that the Circuit is a going concern based on available assets and resources.

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

What the accounts disclose

Largest income source: Church assessments (66% of income)
“The General fund income was £291,950 (23-24 £299,193) of which £271,770 (23-24 £266,290) was due from church assessments.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £280k; policy: six months of annual expenditure)
“This leaves £280,399 remaining reserves currently unallocated. This is equivalent to just under 6-months expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Salary paid to husband of trustee
“A salary of £31,088 (2024 - £29,106) was paid to Zakayo Njeru Nyaga in the year for services provided as a Circuit pastoral worker. Zakayo Njeru Nyaga is the husband of Circuit Trustee Rev. Stephanie Njeru.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Clay Ratnage Strevens & Hills. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2023)

Total income
£585k
Total spending
£531k
Cost of raising funds
£2k
Reserves (reported)
£528k
Employees
7

Reported reserves equal ~11.9 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Essex · Redbridge · Waltham Forest

Income and spending

Financial year endIncomeSpending
31/08/2025£410k£605k
31/08/2024£360k£580k
31/08/2023£585k£531k
31/08/2022£311k£744k
31/08/2021£375k£695k

Common questions

Is FOREST METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a total net outgoing of £195,086 for the year, resulting in an overall deficit across its cash funds. The trustees note that the Circuit has insufficient regular income to cover the cost of additional lay staff and that increasing assessments is not currently possible, though they maintain that the Circuit is a going concern based on available assets and resources. Its FY2025 accounts were audited by Clay Ratnage Strevens & Hills.