CEREDIGION CIRCUIT
The Ceredigion Circuit is part of the Wales Synod in the Methodist Church in Britain. The Circuit supports the mission and outreach of Methodist Churches and communities in Aberystwyth, Lampeter and the surrounding area.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased by £31,500 to £105,986 during the financial year, largely due to churches maintaining contributions despite the absence of a Superintendent Minister's stipend. Per the trustees' report, these reserves equate to approximately 13 months of projected expenditure, which is considered more than adequate given the charity's six-month reserves policy.
What the accounts disclose
“The Circuit’s Reserves Policy is that it should be an amount that is approximately equal to six-months of expenditure.” — page 10
Trustees
- Rev Tina Frederica Oates Swirechair
- Arnold Smith
- Charlene Mary Crampin
- DAVID HENRY CRIMES
- Dionne Sherwood FCCA
- Dr Barbara Jill Barber
- Elizabeth Edwards
- Hilary Ann Ashton
- Julia Ann Christine Jenkins
- Kathryn Anne Wright
- Prof Christopher John Price
- Rev David Jones
- Rev Peter Edwin Barber
- Rev Phillip Alun Poynor
- Richard Eric Hastings
- Ruth Gooding
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £108k | £84k |
| 31/08/2024 | £112k | £133k |
| 31/08/2023 | £99k | £86k |
| 31/08/2022 | £193k | £115k |
| 31/08/2021 | £146k | £121k |
Common questions
Is CEREDIGION CIRCUIT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased by £31,500 to £105,986 during the financial year, largely due to churches maintaining contributions despite the absence of a Superintendent Minister's stipend. Per the trustees' report, these reserves equate to approximately 13 months of projected expenditure, which is considered more than adequate given the charity's six-month reserves policy. Its FY2025 accounts were independently examined.