BURY ST.EDMUNDS METHODIST CIRCUIT
Christian presence in Suffolk, mission to fellow humankind and all creation.
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
Financial health, per its FY2025 accounts
The accounts state that the Circuit reported a net surplus of £169,690 for the year, increasing net current assets to £386,526. The trustees note that the Circuit remains in a strong financial position, with reserves earmarked for specific mission and property objectives totaling £375,720. The reserves policy targets holding unrestricted reserves equivalent to about six months of expenditure.
What the accounts disclose
“Circuit policy is to hold unrestricted reserves equivalent to about six month’s expenditure.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/08/2023)
Trustees
- Rev Jason Christopher Vinyardchair
- Christopher Spencer
- DAPHNE JAY
- DAVID WAKEFORD
- Donald Leslie Day
- Edward Freeman
- Francis Arnold Carr
- JENNIFER MAUREEN BENFIELD
- JOHN DAVIES
- Joy Inameti
- Joyce May Wood
- MARIAN HIGH
- MARY KEER
- MICHAEL DRAIN
- Neil Martin
- Norman Langridge
- PAULINE AMES
- PETER SANDERSON
- REV RUTH KAREN RIDGE
- ROBERT WOOD
- Rev Julie Ann Minns
- Rev Rita Carr
- Richard Anthony Wild
- Roland David Sore
- Rosemary Elizabeth Anne Kearsley
- SHARON MARTIN
- STELLA DAVIS
- Susan Yvonne Foreman
- VAUGHAN TONG
- Valerie Anne Southgate
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £416k | £296k |
| 31/08/2024 | £193k | £213k |
| 31/08/2023 | £1.1m | £205k |
| 31/08/2022 | £178k | £279k |
| 31/08/2021 | £156k | £192k |
Common questions
Is BURY ST.EDMUNDS METHODIST CIRCUIT financially healthy?
Per its FY2025 accounts: The accounts state that the Circuit reported a net surplus of £169,690 for the year, increasing net current assets to £386,526. The trustees note that the Circuit remains in a strong financial position, with reserves earmarked for specific mission and property objectives totaling £375,720. The reserves policy targets holding unrestricted reserves equivalent to about six months of expenditure. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH RANK TRUST | 1 | £27k |
Charities like this
- WEST HERTFORDSHIRE AND BORDERS METHODIST CIRCUIT
- LOWESTOFT AND EAST SUFFOLK METHODIST CIRCUIT
- ST ALBANS AND WELWYN METHODIST CIRCUIT
- SALFORD METHODIST CIRCUIT
- SALISBURY METHODIST CIRCUIT
- BUCKLEY AND DEESIDE METHODIST CIRCUIT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BURY ST.EDMUNDS METHODIST CIRCUIT | £416k | — | 0 | unclear | — | no doubt |
| WEST HERTFORDSHIRE AND BORDERS METHODIST CIRCUIT | £574k | — | 0 | unclear | — | no doubt |
| LOWESTOFT AND EAST SUFFOLK METHODIST CIRCUIT | £159k | — | 0 | unclear | — | no doubt |
| ST ALBANS AND WELWYN METHODIST CIRCUIT | £331k | — | 0 | below | — | no doubt |
| SALFORD METHODIST CIRCUIT | £134k | — | 0 | above | — | no doubt |
| SALISBURY METHODIST CIRCUIT | £1.1m | — | 0 | below | — | no doubt |