OLDHAM METHODIST CIRCUIT
Religious functions in the manner of the Methodist Church. Worship, service, mission and pastoral care
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.
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.
Structured financials (annual return, FY ending 31/08/2024)
Total income
£671k
Total spending
£399k
Reserves (reported)
£130k
Employees
6
Register events
- Received assets from another charity (19/07/2024)
- Received assets from another charity (14/12/2022)
Trustees
- Allan Gibson
- Barbara Howard
- Carol Shepherdson
- Carol Stopford
- DOROTHY ROBERTS
- DOROTHY THORPE
- David Allonby
- David Ian Crossley
- GORDON JAMES ROSCOE
- GRAHAM RADCLIFFE
- Glennis Kirkwood
- Helen Williams
- JANET ABBOTT
- James William Upton
- Janet Mitchell
- John Paul Wilkinson
- June Mills
- Kathryn Heathcote
- Leslie Perry
- MARGARET TAYLOR
- MOIRA ELIZABETH BERGIN
- Michael Wilson
- Nigel John Bacon
- Norman James Unsworth
- Pamela Ruth Walker
- ROBERT MATTHEW ASHTON
- Rev Kennedy Gondongwe
- Rev Kenneth George McNally
- Rev Robert Davies
- Ruth Michelle Radcliffe
- Stephen Keith Foster
- Stephen Paul Titmuss
- Susan Jane Nuttall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.