UNITED METHODIST CHURCH (UK)
REGULAR CHURCH SERVICES, CHRISTIAN CONVENTIONS, CRUSADES AND MINISTERING THE WORD OF GOD. THE MAIN OBJECTIVES OF THE CHARITY ARE TO PROMOTE AND ADVANCE CHRISTIAN RELIGION, WORSHIP AND ALSO TO PROMOTE UNITED METHODIST CHURCH CENTRES OF WORSHIP.
Financial health, per its FY2022 accounts
The accounts state that the charity generated a net surplus of £288,162 for the year ended 31 December 2022, with total incoming resources of £821,796 and total expenditure of £533,634. The trustees report that unrestricted reserves stood at £2,553,649, which is well above the stated policy target of 25% of total annual expenditure. The trustees and auditors confirm that the charity has adequate resources to continue as a going concern for the foreseeable future.
What the accounts disclose
“General reserves are set according to the Church's reserves policy at 25% of total annual expenditure.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (04/03/2020)
Trustees
- Morgan Munyebvuchair
- Egipher Masenda
- Elphas Gunguwo
- Hilda Muranda
- James Kapumha
- Mudiwa Shakespear Chikukwa
- Musarurwa Kanyoka
- Priscilla Agnes Karumazondo
- Rugare Musekiwa Mojapelo
- Ruvimbo Betsva
- Shelton Musafare
- Simon Betsva
- Tavonashe Hungwe
- Tutsirai Godfrey Fusire
- Walter Danai Kanjanda
- Xmas Gombakomba
- Zvikomborero Patience Mudambanuki
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £1.2m |
| 31/12/2023 | £1.3m | £1.0m |
| 31/12/2022 | £822k | £534k |
| 31/12/2021 | £906k | £375k |
| 31/12/2020 | £924k | £394k |
Common questions
Is UNITED METHODIST CHURCH (UK) financially healthy?
Per its FY2022 accounts: The accounts state that the charity generated a net surplus of £288,162 for the year ended 31 December 2022, with total incoming resources of £821,796 and total expenditure of £533,634. The trustees report that unrestricted reserves stood at £2,553,649, which is well above the stated policy target of 25% of total annual expenditure. The trustees and auditors confirm that the charity has adequate resources to continue as a going concern for the foreseeable future. Its FY2022 accounts were audited by Leroy Reid & Co.