LAMBETH CIRCUIT METHODIST CHURCH
To provide support mechanism to the local churches within the Circuit. The Circuit provide ministerial oversight and pastoral care for the 10 local churches in the Circuit. It support ministerial team of 5 ministers. It maintains 5 manses, 2 let manses and 2 former churches.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a deficit of £630,804 for the year ended 31 August 2025, primarily due to significant costs associated with the Lambeth Mission Redevelopment project. Despite this deficit, the trustees consider the unrestricted reserves of £10,152,886 and net liquid balance of £405,966 to be adequate to meet financial obligations and continue as a going concern.
What the accounts disclose
“Our reserves policy is to hold at least 6 month's expenditure.” — page 9
Structured financials (annual return, FY ending 31/08/2024)
Register events
- Received assets from another charity (05/08/2022)
- Received assets from another charity (20/06/2022)
Trustees
- ALICE ACHOLA OMARA
- Afolake Elizabeth Oyeledun
- DANIEL SACKEY
- Jacob Arkaah
- KOJO AMOAH-ARKO
- Nancy Acquaah
- ROBERT SMYTH
- Rev Paulo Bessa da Silva
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £490k | £1.1m |
| 31/08/2024 | £512k | £787k |
| 31/08/2023 | £1.2m | £870k |
| 31/08/2022 | £395k | £656k |
| 31/08/2021 | £2.9m | £1.7m |
Common questions
Is LAMBETH CIRCUIT METHODIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a deficit of £630,804 for the year ended 31 August 2025, primarily due to significant costs associated with the Lambeth Mission Redevelopment project. Despite this deficit, the trustees consider the unrestricted reserves of £10,152,886 and net liquid balance of £405,966 to be adequate to meet financial obligations and continue as a going concern. Its FY2025 accounts were audited by Adomako Basoah & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH RANK TRUST | 1 | £27k |
Charities like this
- THE METHODIST CHURCH - BIRMINGHAM (SUTTON PARK) CIRCUIT
- TELFORD METHODIST CIRCUIT
- SALISBURY METHODIST CIRCUIT
- STAMFORD METHODIST CIRCUIT
- CAMELFORD & WEEK ST MARY METHODIST CIRCUIT
- SHROPSHIRE & MARCHES METHODIST CIRCUIT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LAMBETH CIRCUIT METHODIST CHURCH | £490k | — | 0 | unclear | — | no doubt |
| THE METHODIST CHURCH - BIRMINGHAM (SUTTON PARK) CIRCUIT | £400k | — | — | unclear | — | no doubt |
| TELFORD METHODIST CIRCUIT | £318k | — | 0 | unclear | — | no doubt |
| SALISBURY METHODIST CIRCUIT | £1.1m | — | 0 | below | — | no doubt |
| STAMFORD METHODIST CIRCUIT | £236k | — | — | unclear | — | noted |
| CAMELFORD & WEEK ST MARY METHODIST CIRCUIT | £351k | — | — | unclear | — | no doubt |