FREE METHODIST CHURCH, GARSTANG
Our aim is to spread the message and love of Jesus to as many as possible through worship, Bible teaching and prayer. We provide free weekly activities for children and teenagers, meetings for the elderly in local residential homes, debt counselling, parenting classes, help to the homeless and financial aid to organisations in line with our aims at home and abroad.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with free reserves of £154,370, which is below its stated policy target of approximately two months of expenditure. The charity reported a net expenditure for the year, resulting in a decrease in total funds from £1,620,513 to £1,591,568.
What the accounts disclose
“The attached financial statements give a breakdown of the income and expenditure of the charity during 2024 and show that the charity ended 2024 with free reserves of £154,370 (2023: £159,218). It is the policy of the charity to maintain the free reserves at a level equivalent to approximately two months of expenditure to cover church running costs should income fall.” — page 8
“The attached financial statements give a breakdown of the income and expenditure of the charity during 2024 and show that the charity ended 2024 with free reserves of £154,370 (2023: £159,218). It is the policy of the charity to maintain the free reserves at a level equivalent to approximately two months of expenditure to cover church running costs should income fall.” — page 8
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2024).
Trustees
- Claire Capewell
- Emma Stanton
- Helen Sowerby
- Michael George Fowles
- Michael Thornton
- PAUL WELLS
- Sarah Victoria Kelsall
- Susan Louise Dixon
- William Alexander
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £384k | £263k |
| 31/12/2024 | £217k | £246k |
| 31/12/2023 | £322k | £215k |
| 31/12/2022 | £224k | £218k |
| 31/12/2021 | £212k | £222k |
Common questions
Is FREE METHODIST CHURCH, GARSTANG financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with free reserves of £154,370, which is below its stated policy target of approximately two months of expenditure. The charity reported a net expenditure for the year, resulting in a decrease in total funds from £1,620,513 to £1,591,568. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LANCASHIRE ENVIRONMENTAL FUND LIMITED | 1 | £26k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £2k |
| THE BISHOP RADFORD TRUST | 1 | £2k |
| The Belstead Ganzoni Charitable Settlement | 1 | £2k |
| SKELTON BOUNTY | 1 | £1k |
| IMAGINE IF TRUST | 1 | £350 |
Charities like this
- CARNFORTH FREE METHODIST CHURCH
- FREE METHODIST CHURCH, FULWOOD
- CENTRAL METHODIST CHURCH YORK
- The Methodist Church - Letchworth Garden City
- REIGATE METHODIST CHURCH
- GARLAND STREET BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FREE METHODIST CHURCH, GARSTANG | £384k | — | 0 | below | — | no doubt |
| CARNFORTH FREE METHODIST CHURCH | £197k | — | 0 | above | — | no doubt |
| FREE METHODIST CHURCH, FULWOOD | £492k | — | 0 | above | — | no doubt |
| CENTRAL METHODIST CHURCH YORK | £253k | — | 0 | above | — | no doubt |
| The Methodist Church - Letchworth Garden City | £156k | — | 0 | unclear | — | no doubt |
| REIGATE METHODIST CHURCH | £174k | — | 0 | unclear | — | no doubt |