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

WEST CORNWALL AND ISLES OF SCILLY METHODIST CIRCUIT

Registered charity 1135689 · accounts filings on the Charity Commission register · also known as WEST PENWITH METHODIST CIRCUIT, West Cornwall Methodist Circuit

The circuit is the administrative body of the Methodist Churches of West Cornwall, supporting their joint and several parts in God's mission.

Causes: Religious Activities · website · Get email alerts

Latest income
£996k
Latest spending
£604k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted funds of £2,570,717, with net current assets of £1,530,457 providing at least three years' cover for estimated expenditure. The trustees report that the Circuit is in a 'very favourable missional and financial position' following the sale of surplus properties and increased income. No material uncertainties or going concern issues are disclosed.

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

What the accounts disclose

Payments to trustees: Ministers (Trustees) received stipends/salaries. Expenses reimbursed to 3 trustees.
“All of the Ministers are members of the Circuit meeting and are accordingly Managing Trustees of the charity, therefore all remuneration disclosed in Note 9 has been paid to Trustees of the charity.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ministers are Managing Trustees and receive remuneration disclosed in Note 9.
“All of the Ministers are members of the Circuit meeting and are accordingly Managing Trustees of the charity, therefore all remuneration disclosed in Note 9 has been paid to Trustees of the charity.” — page 12
“The Circuit’s investment policy is aligned with that of the Central Finance Board of the Methodist Church (CFB) and TMCP” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Investments held with Trustees for Methodist Church Purposes (TMCP) and Central Finance Board (CFB).
“All of the Ministers are members of the Circuit meeting and are accordingly Managing Trustees of the charity, therefore all remuneration disclosed in Note 9 has been paid to Trustees of the charity.” — page 12
“The Circuit’s investment policy is aligned with that of the Central Finance Board of the Methodist Church (CFB) and TMCP” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

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

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

Total income
£996k
Total spending
£604k
Reserves (reported)
£751k
Employees
3

Reported reserves equal ~14.9 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other (67% 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 (4.9%) (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£996k£604k
31/08/2024£707k£215k
31/08/2023£312k£241k
31/08/2022£206k£225k
31/08/2021£205k£265k

Common questions

Is WEST CORNWALL AND ISLES OF SCILLY METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £2,570,717, with net current assets of £1,530,457 providing at least three years' cover for estimated expenditure. The trustees report that the Circuit is in a 'very favourable missional and financial position' following the sale of surplus properties and increased income. No material uncertainties or going concern issues are disclosed. Its FY2025 accounts were independently examined.