TAMWORTH AND LICHFIELD METHODIST CIRCUIT
Co-ordination of the activities of the Methodist Churches in the Tamworth and Lichfield area and furthering the Mission of the Methodist Church.
Financial health, per its FY2025 accounts
The accounts state that the Circuit held unrestricted reserves of £833,213 against a policy target of six months' average expenditure. The filing notes that the Circuit incurred a net expenditure of £26,783 for the year, resulting in a decrease in total funds from £859,972 to £833,213. The trustees report that income and expenditure are monitored against the approved budget to avoid unforeseen calls on reserves.
What the accounts disclose
“The Reserves Policy for the Circuit is to hold a minimum sum equivalent to six months’ average expenditure.” — page 4
“The Circuit has in the past participated in a multi-employer scheme for two past employees. This scheme is currently in deficit and the Circuit is paying an annual sum to meet its share of this deficit under an arrangement designed to eliminate the deficit by 2025.” — page 11
Trustees
- ALISON JANE STATHAM
- ANNE WARDEN BROWN
- ANNE WESTOBY
- ANNETTE PHILLIPS
- ANTHEA JOAN HOCKNEY
- Barbara Ann Barker
- Brian Anthony Whitehouse
- CHRISTINE MCDERMOTT
- Carole Share
- Dawn Turton
- EDNA DOROTHY STAFFORD
- Elaine Ann Glover
- Gillian Margaret Woolf
- Gillian Silverwood
- JOHN HOWARD WILLIS
- Jane Laurel Low
- Janet Christine Rockliffe
- KEITH HAROLD GOLDSWORTHY
- Kathryn Mary Brierley
- LEIGH DIANE BULL
- Lesley Jane Cox
- MARK RICHARD HAMBLY
- NIGEL BRIAN HARDING
- PAUL MCDERMOTT
- Patricia Margaret Winter
- Raymond Vanstone
- Rev ELIZABETH MARY CRESSWELL
- Rev Joanna Lois Thornton
- Rev Kenneth Graham Howcroft
- Rev Mark Colin Stennett
- Rev ROGER CRESSWELL
- Rev Susan Smith
- Robert Norman Share
- SUSAN ELLEN HAMBLY
- Zetta Widney
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £175k | £201k |
| 31/08/2024 | £217k | £210k |
| 31/08/2023 | £306k | £197k |
| 31/08/2022 | £164k | £204k |
| 31/08/2021 | £190k | £167k |
Common questions
Is TAMWORTH AND LICHFIELD METHODIST CIRCUIT financially healthy?
Per its FY2025 accounts: The accounts state that the Circuit held unrestricted reserves of £833,213 against a policy target of six months' average expenditure. The filing notes that the Circuit incurred a net expenditure of £26,783 for the year, resulting in a decrease in total funds from £859,972 to £833,213. The trustees report that income and expenditure are monitored against the approved budget to avoid unforeseen calls on reserves. Its FY2025 accounts were independently examined.