EAST DURHAM CIRCUIT OF THE METHODIST CHURCH
Latest income
£149k
Latest spending
£145k
Registered
2015
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity achieved its financial targets for the year, with total receipts of £125,417.36 and payments of £124,678.54, resulting in a positive balance. The trustees confirm that income from assessments and letting arrangements was maintained, and expenditure was managed in line with policy.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The reserves policy for the circuit is to hold a minimum sum of equivalent to 4 months average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and/or be able to con<nue in the short term funding planned ac<vi<es in the event of any inability to raise the full circuit assessment from churches.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The Circuit is part of the Newcastle Upon Tyne Methodist District and is also accountable to the Methodist Conference.
“The Circuit is part of the Newcastle Upon Tyne Methodist District and is also accountable to the Methodist Conference.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- ALISON MCLEOD
- ANN FORRESTER RIDING
- AUDREY WILLIAMS
- Aidan Tasker
- Celia Atkinson
- GRAEME PHILIP WALTON
- HEIDI URE
- HILARY BRERETON
- JEAN SHOTTON
- JOHN GILES
- JOHN THOMPSON BRERETON
- JUDITH MONAGHAN
- KATHLEEN ELIZABETH PEARSON
- Laura Hern
- MARGARET WAKEFIELD
- MARY MCBETH
- MAUREEN ANNE SIMPSON
- MRS JUDY TASKER
- PETER WALSHAM
- Patricia Mary Milburn
- ROGER AUSTIN GRANT
- Rev Jennifer Margaret Pryde
- SANDRA GATES
- SUSAN PRITCHARD
- VALERIE ATKINSON
- William Naylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £149k | £145k |
| 31/08/2024 | £144k | £120k |
| 31/08/2023 | £125k | £125k |
| 31/08/2022 | £126k | £124k |
| 31/08/2021 | £144k | £131k |
Common questions
Is EAST DURHAM CIRCUIT OF THE METHODIST CHURCH financially healthy?
The accounts state that the charity achieved its financial targets for the year, with total receipts of £125,417.36 and payments of £124,678.54, resulting in a positive balance. The trustees confirm that income from assessments and letting arrangements was maintained, and expenditure was managed in line with policy. Its FY2023 accounts were independently examined.