THE METHODIST HOMESTEAD
The Methodist Homestead provides warm, manageable, comfortable and secure homes for our Residents in a caring Christian environment in keeping with the needs of our Residents, primarily for: a) members of Methodist Churches in the Northampton Circuit; b) retired Methodist Ministers and their spouses; c) elderly persons of limited means who are practising Christians of any denomination.
Objects
THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE:TO RELIEVE POVERTY AND ADVANCE THE CHRISTIAN FAITH BY PROVIDING HOMES IN A CARING CHRISTIAN ENVIRONMENT PRIMARILY FOR:I) MEMBERS OF METHODIST CHURCHES IN THE NORTHAMPTON CIRCUIT;II) RETIRED METHODIST MINISTERS AND THEIR SPOUSES;III) PERSONS OF LIMITED MEANS WHO ARE CHRISTIANS OF ANY DENOMINATION; ANDIV) SUCH OTHER PERSONS OF LIMITED MEANS AS THE DIRECTORS DEEM IN NEED OF, AND LIKELY TO BENEFIT FROM, THE PROVISION OF A HOME BY THE COMPANY.
Financial health, per its FY2024 accounts
The charity reported a net incoming resource of £11,231 for the year ended 31 December 2024, reversing a deficit from the previous year. Total unrestricted funds (General Fund) stood at £247,718, while total net assets were £2,491,368. The trustees confirmed that adequate funds are maintained for the continued operation of the Homestead.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Register events
- Received assets from another charity (06/09/2013)
Trustees
- STEPHEN EDMONDSchair
- ANDREW MICHAEL ROBINSON
- CAROL JOY BALDWIN
- Elizabeth Ruth McAteer
- Heather DAVIES
- JONATHAN ANDREW SMITH
- KATHERINE ELIZABETH BROWN
- SUSAN DORMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £188k | £177k |
| 31/12/2023 | £178k | £180k |
| 31/12/2022 | £158k | £114k |
| 31/12/2021 | £136k | £124k |
| 31/12/2020 | £140k | £84k |
Common questions
Is THE METHODIST HOMESTEAD financially healthy?
Per its FY2024 accounts: The charity reported a net incoming resource of £11,231 for the year ended 31 December 2024, reversing a deficit from the previous year. Total unrestricted funds (General Fund) stood at £247,718, while total net assets were £2,491,368. The trustees confirmed that adequate funds are maintained for the continued operation of the Homestead. Its FY2024 accounts were independently examined.