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SETTLE METHODIST CIRCUIT

Registered charity 1189053 · accounts filings on the Charity Commission register

Latest income
£130k
Latest spending
£155k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that net current assets excluding property stood at £342,894, providing approximately 30 months of expenditure cover. The reserves policy requires maintaining general reserves of at least 33% of normal revenue expenditure, a target which was exceeded with an actual ratio of 248% at August 2025. The circuit is part of the Methodist Church structure and contributes to the District, with income primarily drawn from assessments paid by the six circuit churches.

What the accounts disclose

Reserves policy: at least 33% of normal revenue expenditure (held: £343k)
“The circuit reserves policy is to maintain general reserves of at least 33% of normal revenue expenditure.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Circuit is part of the Yorkshire West District and is also accountable to the Methodist Conference. The Circuit contributes to the District and wider Methodist Church work.
“The Circuit contribution to our District was 17.17% of expenditure, this is used to fund the District and the work of the wider Methodist Church.” — page 10
“The sum of £342,894 comprises £38,618 held locally and £304,276 in the Model Trust Fund.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Circuit holds funds in the Model Trust Fund which contributes to the wider mission of the Methodist Church.
“The Circuit contribution to our District was 17.17% of expenditure, this is used to fund the District and the work of the wider Methodist Church.” — page 10
“The sum of £342,894 comprises £38,618 held locally and £304,276 in the Model Trust Fund.” — page 15
Per its FY2025 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
£501k
Total spending
£236k
Reserves (reported)
£370k
Employees
4

Reported reserves equal ~18.8 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Lancashire · North Yorkshire

Income and spending

Financial year endIncomeSpending
31/08/2025£130k£155k
31/08/2024£501k£236k
31/08/2023£90k£133k
31/08/2022£109k£121k
31/08/2021£244k£157k

Common questions

Is SETTLE METHODIST CIRCUIT financially healthy?

The accounts state that net current assets excluding property stood at £342,894, providing approximately 30 months of expenditure cover. The reserves policy requires maintaining general reserves of at least 33% of normal revenue expenditure, a target which was exceeded with an actual ratio of 248% at August 2025. The circuit is part of the Methodist Church structure and contributes to the District, with income primarily drawn from assessments paid by the six circuit churches. Its FY2025 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with South Worcestershire Methodist Circuit.