Charity Accounts Intelreading the accounts so you don’t have to

South Worcestershire Methodist Circuit

Registered charity 1164581 · accounts filings on the Charity Commission register · also known as SOUTH WEST WORCESTERSHIRE METHODIST CIRCUIT

Latest income
£370k
Latest spending
£368k
Registered
2015
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that net current assets provide over one year's cover for circuit expenditure, indicating strong liquidity. However, the trustees note that the continued absence of the Superintendent is causing concern, and some churches continue to find it difficult to meet their financial commitments.

What the accounts disclose

Reserves policy: four months' average expenditure (held: £2.1m)
“The Reserves Policy for the Circuit is to hold a minimum sum equivalent to 4 months' average expenditure.”
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The circuit continues to await news of the Superintendent minister, as their continued absence is causing concern.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/08/2024)

Total income
£772k
Total spending
£342k
Reserves (reported)
£2.7m
Employees
3

Reported reserves equal ~95.9 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Register events

Trustees

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

Operates in: Worcestershire

Income and spending

Financial year endIncomeSpending
31/08/2025£370k£368k
31/08/2024£772k£342k
31/08/2023£512k£281k
31/08/2022£344k£348k
31/08/2021£348k£322k

Common questions

Is South Worcestershire Methodist Circuit financially healthy?

The accounts state that net current assets provide over one year's cover for circuit expenditure, indicating strong liquidity. However, the trustees note that the continued absence of the Superintendent is causing concern, and some churches continue to find it difficult to meet their financial commitments. Its FY2023 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SETTLE METHODIST CIRCUIT.