WEALD OF KENT METHODIST CIRCUIT

Registered charity 1155413 · accounts filings on the Charity Commission register

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Latest income
£1.9m
Latest spending
£652k
Registered
2014
Accounts read
FY2023

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

Reserves policy: 15% of the general fund annual expenditure budget plus twice the annual budget for manse repairs (held: £105k)
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
Per its FY2023 accounts as filed with the Charity Commission.

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

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.9m
Total spending
£652k
Reserves (reported)
£4.6m
Employees
2

Reported reserves equal ~84.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Kent

Income and spending

Financial year endIncomeSpending
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.