TRUSTEES FOR METHODIST CHURCH PURPOSES
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net operating loss of £79,329 for the year ended 31 August 2023, resulting in a net decrease in funds of £102,269. The trustees note that discussions are planned with the Methodist Council to address the situation regarding the charity's ongoing financial viability and to agree on a new sustainable funding model. Despite the deficit, the charity maintains unrestricted reserves of £1,333,155, which are slightly below its stated policy target of £1.4m.
What the accounts disclose
“Quantified target reserves per the policy are £1.4m compared to actual free reserves of £1,333,155”
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (23/05/2024)
Trustees
- Christophe Borysiewicz
- David Henry James
- John Jefferson
- Peter Baffoe
- Rev Jennifer Rani Pathmarajah
- Rev Paul Davis
- Rev Philip Wagstaff
- Rev Rosemarie Clarke
- The Revd Dr Jonathan Richard Hustler
- Thomas Rattigan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.6m | £1.4m |
| 31/08/2024 | £1.4m | £1.4m |
| 31/08/2023 | £1.4m | £1.5m |
| 31/08/2022 | £1.4m | £1.2m |
| 31/08/2021 | £1.2m | £1.3m |
Common questions
Is TRUSTEES FOR METHODIST CHURCH PURPOSES financially healthy?
The accounts state that the charity reported a net operating loss of £79,329 for the year ended 31 August 2023, resulting in a net decrease in funds of £102,269. The trustees note that discussions are planned with the Methodist Council to address the situation regarding the charity's ongoing financial viability and to agree on a new sustainable funding model. Despite the deficit, the charity maintains unrestricted reserves of £1,333,155, which are slightly below its stated policy target of £1.4m. Its FY2023 accounts were audited by MHA Moore and Smalley.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 04/04/2002 | £124k | "Newhall Central Methodist Church" |