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STAMFORD METHODIST CIRCUIT

Registered charity 1160930 · accounts filings on the Charity Commission register · also known as STAMFORD & RUTLAND METHODIST CIRCUIT, STAMFORD AND RUTLAND METHODIST CIRCUIT

The Circuit exists to equip local churches for mission and to enablelocal churches to function more effectively through the Circuit?s practical support.The Circuit provides ministers to local Churches following stationing by the MethodistConference who's aim is to spread the Gospel. It also supports and trains local preachers to leadworship, and youth workers..

Causes: Religious Activities · website · Get email alerts

Latest income
£236k
Latest spending
£224k
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a small surplus at the end of the financial year, marking a positive shift after running at a significant deficit for several years. The trustees have committed to reaching a break-even balance by September 2026 to ensure the circuit's viability. Unrestricted reserves stood at £148,549, which the trustees consider sufficient to cover at least 50% of the budgeted costs for the current year.

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

What the accounts disclose

Reserves policy: 50% of the budgeted costs for the current year (held: £149k)
“There should be at all times sufficient unrestricted funds to cover at a minimum 50% of the budgeted costs for the current year.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The circuit has been running at a significant deficit for several years. This was identified in 2022/23 with remedial attention being given to this in subsequent years. The focus has been to decrease the annual deficit, with the Circuit Meeting committing to reach a break-even balance by 1st September 2026. Therefore, it is pleasing to note that there was a small surplus at the end of the Methodist financial year.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Cambridgeshire · Leicestershire · Lincolnshire · Rutland

Income and spending

Financial year endIncomeSpending
31/08/2025£236k£224k
31/08/2024£201k£272k
31/08/2023£213k£285k
31/08/2022£168k£303k
31/08/2021£335k£333k

Common questions

Is STAMFORD METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a small surplus at the end of the financial year, marking a positive shift after running at a significant deficit for several years. The trustees have committed to reaching a break-even balance by September 2026 to ensure the circuit's viability. Unrestricted reserves stood at £148,549, which the trustees consider sufficient to cover at least 50% of the budgeted costs for the current year.