WEALD OF KENT METHODIST CIRCUIT
Financial health, per its FY2023 accounts
The accounts state that net current assets on the general fund were £104,587, providing approximately four months of cover for general expenditure. The trustees confirm that the balance on the General Fund complies with the Circuit's reserves policy, which requires holding a minimum sum equivalent to 15% of annual expenditure plus twice the annual budget for manse repairs. The charity is part of the Methodist Church structure and receives significant funding through assessments and connexional funds.
What the accounts disclose
“The reserves policy for the Circuit is to hold a minimum sum equivalent to 15% of the general fund annual expenditure budget plus twice the annual budget for manse repairs.” — page 7
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Jane Elizabeth Braundchair
- ANN SUAZNABAR
- Alison Jane Farr
- CARL ANDREW WARREN BA HONS
- CHRIS TOWERS
- Carol Ann Oakley
- HUGH EDWARD TAYLOR
- JOHN ARCHER
- JULIA IRENE BEVIS
- KENNETH JOHN BARNES
- MICHAEL JOHN RICHARDSON
- MR PHIL SMITH
- PASTOR HENRY GEORGE EDWARDS
- PETER ALLAN CROUCH FCCA
- RACHEL MARY SHEPPARD
- REG RUMMERY
- REV JOHN STUART CURNOW MA, BA
- ROI JAMES ARDEN
- Rev BRYAN THOMAS KNAPP BA
- Rev GERALD CHARLES GARDINER BA
- Rev JOHN MARK BUTT
- SALLY ELIZABETH ANNE DAGNALL
- SUE WILKINS
- VALERIE GWENDOLINE MANSER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.9m | £652k |
| 31/08/2024 | £271k | £310k |
| 31/08/2023 | £350k | £853k |
| 31/08/2022 | £877k | £380k |
| 31/08/2021 | £606k | £1.2m |
Common questions
Is WEALD OF KENT METHODIST CIRCUIT financially healthy?
The accounts state that net current assets on the general fund were £104,587, providing approximately four months of cover for general expenditure. The trustees confirm that the balance on the General Fund complies with the Circuit's reserves policy, which requires holding a minimum sum equivalent to 15% of annual expenditure plus twice the annual budget for manse repairs. The charity is part of the Methodist Church structure and receives significant funding through assessments and connexional funds. Its FY2023 accounts were independently examined.