FREE METHODIST CHURCH, FULWOOD
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £5,992 for the year ended 31 December 2025, resulting in a decrease in net assets to £2,381,475. Per the trustees' report, unrestricted reserves stood at £2,279,319, which is well above the stated policy target of £166,000. The trustees confirmed that the charity has adequate resources to continue operating as a going concern.
What the accounts disclose
“The charity aims to hold a minimum of £166,000 (which is approximately six months of the Church operating expenditure) as unrestricted cash” — page 7
Register events
- Received assets from another charity (01/12/2020)
Trustees
- DAVID BROWNchair
- Gladys Nyandoro
- Lucy Margaret Sutton
- Martin Gordon Little
- Michael James Bedford
- Nicola Margaret Thorpe
- PROFESSOR DAVID JOHN HAMBLIN
- Rebecca Margaret Parkinson
- Sara Jane Wright
- Stephen Jonathan Allen
- Timothy James Mitchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £492k | £498k |
| 31/12/2024 | £482k | £438k |
| 31/12/2023 | £434k | £507k |
| 31/12/2022 | £437k | £502k |
| 31/12/2021 | £287k | £345k |
Common questions
Is FREE METHODIST CHURCH, FULWOOD financially healthy?
The accounts state that the charity reported a net deficit of £5,992 for the year ended 31 December 2025, resulting in a decrease in net assets to £2,381,475. Per the trustees' report, unrestricted reserves stood at £2,279,319, which is well above the stated policy target of £166,000. The trustees confirmed that the charity has adequate resources to continue operating as a going concern. Its FY2025 accounts were independently examined.
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