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ST AUSTELL METHODIST CIRCUIT

Registered charity 1141712 · accounts filings on the Charity Commission register

Latest income
£274k
Latest spending
£262k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Circuit reported a net deficit of £9,464 for the year ended 31 August 2024, resulting in a decrease in total unrestricted funds. However, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient funds and operational status.

What the accounts disclose

Reserves policy: six months' average expenditure (held: £1.1m)
“The Reserves Policy for the St Austell Circuit is to hold a sum equivalent to 6 months’ average expenditure.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Five trustees were paid remuneration or have received other benefits from an employment with the charity. These payments have been made under authority of the Charity Commission and can be summarised as follows: Mrs C Thornton (Layworker, £15,362), Mrs D Eade (Layworker, £7,687), Mrs K Reynolds (Layworker, £7,393), Mrs J Petzing (Layworker, £6,145), Mrs L Mitchell (Children's worker, £1,984).
“Five (2023: Six) trustees were paid remuneration or have received other benefits from an employment with the charity. These payments have been made under authority of the Charity Commission and can be summarised as follows:” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/08/2025£274k£262k
31/08/2024£357k£263k
31/08/2023£225k£247k
31/08/2022£209k£267k
31/08/2021£434k£278k

Common questions

Is ST AUSTELL METHODIST CIRCUIT financially healthy?

The accounts state that the Circuit reported a net deficit of £9,464 for the year ended 31 August 2024, resulting in a decrease in total unrestricted funds. However, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient funds and operational status. Its FY2024 accounts were independently examined.

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