OLDHAM METHODIST CIRCUIT

Registered charity 1194708 · accounts filings on the Charity Commission register · also known as THE METHODIST CHURCH IN OLDHAM

Religious functions in the manner of the Methodist Church. Worship, service, mission and pastoral care

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Latest income
£311k
Latest spending
£400k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that free unrestricted reserves of £248,606 are slightly above the trustees' target range of £100,000 to £200,000. The charity reports that income and expenditure were broadly in accord with the budget, supported by a significant revaluation gain on property assets.

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

What the accounts disclose

Largest income source: Assessments on Churches (71% of income)
The main source of income continues to be the assessment contributions from local churches, which brought in £222,000.
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three to six months' typical expenditure (held: £249k)
In line with guidance provided by the Methodist Church, the trustees aim to maintain ‘free’ reserves at a level of between three and six months’ typical expenditure i.e. between £100,000 and £200,000.
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

Structured financials (annual return, FY ending 31/08/2024)

Total income
£671k
Total spending
£399k
Reserves (reported)
£130k
Employees
6

Reported reserves equal ~3.9 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

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Trustees · trustee networks

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

Operates in: Oldham

Income and spending

Financial year endIncomeSpending
31/08/2025£311k£400k
31/08/2024£671k£399k
31/08/2023£613k£676k
31/08/2022£529k£403k

Common questions

Is OLDHAM METHODIST CIRCUIT financially healthy?

Per its FY2025 accounts: The accounts state that free unrestricted reserves of £248,606 are slightly above the trustees' target range of £100,000 to £200,000. The charity reports that income and expenditure were broadly in accord with the budget, supported by a significant revaluation gain on property assets. Its FY2025 accounts were independently examined.