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THE METHODIST CIRCUIT OF GLOUCESTERSHIRE

Registered charity 1136205 · accounts filings on the Charity Commission register

Latest income
£1.3m
Latest spending
£1.5m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is in a good financial position with a net asset value of £5,932,659 and unrestricted reserves significantly exceeding its stated minimum policy target of £125,000. Per the trustees' report, the charity has no concern about its ability to continue for the foreseeable future, supported by stable assessment income and significant property sales proceeds.

What the accounts disclose

Reserves policy: £125,000 (held: £5.9m)
“It was considered that we could sensibly set the level of Minimum Reserves necessary at £125,000 to provide a level sufficient for day-to-day cash flow and a level of funds which could be made available for unidentified projects.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Lay employees are paid by the Circuit or partially funded by the Circuit. Some lay workers' salaries are met by the church with part funding from the Circuit.
“Lay employee marked ‘+’ – salaries were met by the church, with part funding granted from the Circuit and other sources. Lay employee marked “++” – salaries met fully by the Circuit” — page 38
“During the year expenses were reimbursed to Trustees totalling £25,414 (2024: £17,845) in respect of travelling expenses and £24,773 (2024: £26,021) in respect of other Circuit Costs. All expenses were reimbursed to trustees who are salaried ministers’ or lay trustees and were incurred in carrying out their roles and duties on behalf of the Circuit.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees who are salaried ministers or lay trustees had expenses reimbursed.
“Lay employee marked ‘+’ – salaries were met by the church, with part funding granted from the Circuit and other sources. Lay employee marked “++” – salaries met fully by the Circuit” — page 38
“During the year expenses were reimbursed to Trustees totalling £25,414 (2024: £17,845) in respect of travelling expenses and £24,773 (2024: £26,021) in respect of other Circuit Costs. All expenses were reimbursed to trustees who are salaried ministers’ or lay trustees and were incurred in carrying out their roles and duties on behalf of the Circuit.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Hazlewoods LLP.

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

Total income
£1.3m
Total spending
£1.5m
Cost of raising funds
£10k
Reserves (reported)
£2.1m
Employees
15

Reported reserves equal ~17.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/08/2025£1.3m£1.5m
31/08/2024£1.6m£1.4m
31/08/2023£1.1m£1.1m
31/08/2022£1.3m£1.1m
31/08/2021£1.3m£1.1m

Common questions

Is THE METHODIST CIRCUIT OF GLOUCESTERSHIRE financially healthy?

The accounts state that the charity is in a good financial position with a net asset value of £5,932,659 and unrestricted reserves significantly exceeding its stated minimum policy target of £125,000. Per the trustees' report, the charity has no concern about its ability to continue for the foreseeable future, supported by stable assessment income and significant property sales proceeds. Its FY2025 accounts were audited by Hazlewoods LLP.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BRISTOL DISTRICT OF THE METHODIST CHURCH.