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FREE METHODIST CHURCH OF PENWORTHAM

Registered charity 701133 · accounts filings on the Charity Commission register · also known as KINGS CHURCH, PENWORTHAM FREE METHODIST CHURCH

Kings Church Purpose is to know God and to glorify Him by making Him known. Our Vision to be a healthy church with Spirit-filled leadership. We are a worshipping community, enfolding & reproducing congregation, producing discipled, growing, holy people, regularly reaching the lost for Christ, ministering to the poor & characterised by extraordinary intercessory prayer. www.kingschurchfm.org.uk.

Causes: Religious Activities · website · Get email alerts

Latest income
£80k
Latest spending
£89k
Registered
1989
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that income fluctuated after the pandemic, leading to a deficit in 2022 and the use of reserves to supplement income in 2024. The trustees aim to maintain approximately £50,000 in reserves to cover six months of salaries and rentals. The independent examiner's report is present, confirming the financial statements have been examined.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“Income Includes designated giving/grants for youth work, job club, and restricted funds e.g. Church Holiday)”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately £50,000 (held: £89k)
“note the church aims to keep approximately £50,000 in reserves so we have a least six months to cover salaries and rentals” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rev Jones serves a trustee / governor at the Priory Academy.
“Rev Jones serves a trustee / governor at the Priory Academy.” — page 3
Per its FY2024 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

Trustees · trustee networks

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

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/12/2024£80k£89k
31/12/2023£76k£75k
31/12/2022£78k£82k
31/12/2021£67k£62k
31/12/2020£70k£66k

Common questions

Is FREE METHODIST CHURCH OF PENWORTHAM financially healthy?

Per its FY2024 accounts: The accounts state that income fluctuated after the pandemic, leading to a deficit in 2022 and the use of reserves to supplement income in 2024. The trustees aim to maintain approximately £50,000 in reserves to cover six months of salaries and rentals. The independent examiner's report is present, confirming the financial statements have been examined. Its FY2024 accounts were independently examined.