BURY ST.EDMUNDS METHODIST CIRCUIT
Christian presence in Suffolk, mission to fellow humankind and all creation.
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.”
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.