CREDITON METHODIST CHURCH

Registered charity 1178365 · accounts filings on the Charity Commission register · also known as CRED METH, CREDITON MC, CREDITON METHODIST CENTRE

THE ADVANCEMENT OF THE CHRISTIAN RELIGION IN THE TOWN OF CREDITON AND ITS ENVIRONS

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Latest income

£49k

Latest spending

£61k

Registered

2018

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that outgoings continue to exceed amounts received, resulting in a reliance on fundraising and reserves to maintain operations. The trustees note that the church is not maintaining its financial position, although the situation had previously improved due to a substantial legacy. The charity aims to hold six months of expenditure in reserve but currently relies on funds held in the Central Finance Board to cover shortfalls.

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

What the accounts disclose

Reserves policy: six month’s expenditure i.e. £27,000 (held: £103k)

“We aim ideally to hold in reserve sufficient money to cover six month’s expenditure i.e. £27,000 (excluding Cost of building use)” — page 13

Per its FY2025 accounts as filed with the Charity Commission.

Going concern: noted by the trustees or auditor

“The Church is not maintaining its financial position.”

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Rev Simon Hugh Leighchair
BRONWYN JOY NOTT
CATHY JERRARD · trustee of 1 other charity
CHRISTINE MADELINE TURNER
GLENN KEVIN TURNER
Gillian Carol Sutton
HILARY EVERITT
JOHN ANDREW ASHLEY BSc FCA
Karen Theedom
Lloyd Smale
MARJORIE LESLEY ASHLEY · trustee of 1 other charity
Margaret Jane Ellis
PAMELA ROSE MURPHY · trustee of 1 other charity
Wendy Jean Homeshaw

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

Operates in: Devon

Income and spending

Financial year end	Income	Spending
31/08/2025	£49k	£61k
31/08/2024	£115k	£57k
31/08/2023	£44k	£41k
31/08/2022	£51k	£46k
31/08/2021	£32k	£43k

Common questions

Is CREDITON METHODIST CHURCH financially healthy?

Per its FY2025 accounts: The accounts state that outgoings continue to exceed amounts received, resulting in a reliance on fundraising and reserves to maintain operations. The trustees note that the church is not maintaining its financial position, although the situation had previously improved due to a substantial legacy. The charity aims to hold six months of expenditure in reserve but currently relies on funds held in the Central Finance Board to cover shortfalls. Its FY2025 accounts were independently examined.