LAUNCESTON AREA METHODIST CIRCUIT

Registered charity 1138314 · accounts filings on the Charity Commission register · also known as LAMC

Acts as an umbrella or resource body.Provides services to the Circuit.Raises funds and makes grants to organisations.Enables the development of projects to benefit the local community.

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£264k
Latest spending
£223k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Circuit's unrestricted free reserves were in a deficit position of £123,898, primarily due to loan balances held in the Circuit's name for Bridge Church. However, the trustees note that excluding these specific liabilities results in an adjusted surplus of £103,980, and the Circuit maintains accessible cash balances of £134,391 against a reserves policy target of approximately £100,000.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Assessments or share (70% of income)
“Assessments or share 184,176” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months average expenditure (equating to approximately £100,000) (held: £1.2m)
“The Reserves Policy for the Circuit is to hold a minimum sum equivalent to six months average expenditure (equating to approximately £100,000).” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/08/2024)

Total income
£508k
Total spending
£197k
Reserves (reported)
£107k
Employees
4

Reported reserves equal ~6.5 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (50% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Cornwall · Devon

Income and spending

Financial year endIncomeSpending
31/08/2025£264k£223k
31/08/2024£508k£197k
31/08/2023£242k£203k
31/08/2022£237k£226k
31/08/2021£189k£223k

Common questions

Is LAUNCESTON AREA METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that the Circuit's unrestricted free reserves were in a deficit position of £123,898, primarily due to loan balances held in the Circuit's name for Bridge Church. However, the trustees note that excluding these specific liabilities results in an adjusted surplus of £103,980, and the Circuit maintains accessible cash balances of £134,391 against a reserves policy target of approximately £100,000. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund18/02/2022£10kSeed Cafe
The National Lottery Community Fund02/08/2019£10kSensory Play

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE JOSEPH RANK TRUST2£77k
THE BEATRICE LAING TRUST1£30k
THE HOBSON CHARITY LIMITED1£6k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ST AUSTELL METHODIST CIRCUIT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
LAUNCESTON AREA METHODIST CIRCUIT£264k—0unclear—no doubt
ST AUSTELL METHODIST CIRCUIT FY2025£274k—0unclear—no doubt
CARDIFF METHODIST CIRCUIT FY2025£419k—0unclear—no doubt
COLCHESTER METHODIST CIRCUIT FY2025£235k—0unclear—no doubt
WEST SOMERSET METHODIST CIRCUIT FY2024£264k—0unclear—no doubt
SALISBURY METHODIST CIRCUIT FY2025£1.1m—0below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.