SAMUEL JAMES WOODALL WILL TRUST

Registered charity 265438 · accounts filings on the Charity Commission register

To provide grants to assist the training of candidates for the Methodist Ministry.

Objects

FOR RELIGIOUS PURPOSES IN CONNEXION WITH THE COMPSTALL METHODIST CHURCH AND RANELAGH ROAD METHODIST CHURCH.

Area of benefit: WOLVERHAMPTON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Religious Activities · Get email alerts

Latest income
£34k
Latest spending
£33k
Registered
1973
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Trust's free reserves amounted to £45,940, with a policy to retain sufficient reserves to meet foreseeable obligations. The Trust is financially dependent on investment income, which generated £31,523 in the year, resulting in a net incoming resource of £996 after expenditures. The investment portfolio increased in value to £1,084,616, supported by unrealised gains.

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

What the accounts disclose

Reserves policy: sufficient reserves to meet forseeable obligations (held: £46k)
“It is the policy of the Trustees to retain sufficient reserves to meet forseeable obligations.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Wolverhampton

Income and spending

Financial year endIncomeSpending
05/04/2025£34k£33k
05/04/2024£33k£30k
05/04/2023£29k£24k
05/04/2022£25k£20k
05/04/2021£21k£18k

Common questions

Is SAMUEL JAMES WOODALL WILL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the Trust's free reserves amounted to £45,940, with a policy to retain sufficient reserves to meet foreseeable obligations. The Trust is financially dependent on investment income, which generated £31,523 in the year, resulting in a net incoming resource of £996 after expenditures. The investment portfolio increased in value to £1,084,616, supported by unrealised gains. Its FY2025 accounts were independently examined.