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CAMBORNE REDRUTH HAYLE METHODIST CIRCUIT

Registered charity 1139494 · accounts filings on the Charity Commission register · also known as CAMBORNE-REDRUTH METHODIST CIRCUIT

We are part of the Methodist Church of Great Britain and act as an umbrella organisation for the 14 churches within the Camborne, Redruth and Hayle area of Cornwall

Causes: Religious Activities · website · Get email alerts

Latest income
£236k
Latest spending
£326k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £89k for the year, which was close to the budget. The trustees confirm that reserves comfortably exceed the stated policy target of £160,000, noting that Model Trust Fund and current account funds are sufficient to maintain this level.

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

What the accounts disclose

Largest income source: none
“Our income was down a little due to the vacant manse at 5 Mount Pleasant which was used as a circuit office and meeting space for the year.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months' average expenditure
“The Reserves Policy for the Circuit is to hold a minimum sum equivalent to six months' average expenditure. This level was set some time ago and it seems prescient to review this based on our current levels of expenditure. To maintain a 50% level requires reserves in excess of £160,000. Our Model Trust Fund and current account funds comfortably exceed this figure and thus, the Circuit stewards confirm this level of 50% or £160,000.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Circuit is part of the South West Peninsula Methodist District and is also accountable to the Methodist Conference.
“Related Parties The Circuit is part of the South West Peninsula Methodist District and is also accountable to the Methodist Conference. The following Methodist Churches make up the circuit: - Angarrack, Barripper, Beacon, Camborne Wesley, Centenary, Redruth United Methodist, UMC Four Lanes, Hayle, Mawla, Porthtowan, Troon and Wall. The Wesley Centre is part of the outreach of Camborne Wesley Chapel which is linked to the Circuit.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/08/2025£236k£326k
31/08/2024£241k£340k
31/08/2023£245k£272k
31/08/2022£289k£323k
31/08/2021£359k£241k

Common questions

Is CAMBORNE REDRUTH HAYLE METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £89k for the year, which was close to the budget. The trustees confirm that reserves comfortably exceed the stated policy target of £160,000, noting that Model Trust Fund and current account funds are sufficient to maintain this level. Its FY2025 accounts were independently examined.