Finance Score: 0
Governance Score: 4
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Strong growth: +2
  • No conflicts policy: -1
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 4 ?

ROMFORD METHODIST CIRCUIT 

Romford Methodist Circuit is the primary unit to which the 10 local churches are connected for the purposes of mission.It is the Circuit to which ministers are stationed and preachers trained and it is responsible for the effective deployment of the resources of ministry - people, property and finance, providing sacred space and space for community activities in sympathy with our Christian ethos.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy
  • One or more trustees receive payments or benefits from the charity for providing services to the charity
  • There are 52 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £7,405,490 available, equivalent to 83 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/22£1,655£1,073£583£0£8,757£7,40582.875
31/08/21£309£318£-9n/an/an/an/an/a5
31/08/20£338£315£23n/an/an/an/an/a489
31/08/19£328£306£22n/an/an/an/an/a511
31/08/18£338£333£5£0£0£0n/a0576
31/08/17£1,661£323£1,337£0£5,829£4,490166.620
31/08/16*£315£368£-54£0£0£0n/a00
31/08/15*£517£396£121£2£2,595£2,59478.620
31/08/14*£394£435£-41£0£0£0n/a00
31/08/13£320£281£39£0£0£0n/a00
31/08/12£362£393£-30£0£0£0n/a00
31/08/11£371£393£-22£0£0£0n/a00
31/08/10£385£386£-1£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 2%
Liabilities/Income: 8%
Unrestricted Funds/Total Funds: 85%
Reserves/Spending: 82.8 months
Net Current Assets/Spending: 9 months
Quick Ratio: 6.9
Asset Split ?
Established: 14 years

www.romford-circuit.org.uk

ROMFORDCIRCUIT.adm@gmail.com

01708960549

Charity Commission for England and WalesX
UN SDGs
?
Listed activities
  • Religious Activities
GiG Classification
  • Christian religious associations
How it operates
  • Acts as an umbrella or resource body
  • Other charitable activities
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Essex, Havering, Thurrock,
Who it helps
  • The General Public/Mankind
Who works here?
  • 7 employees
  • 5 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (52)
Current Trustees appointed
Gender Split
Based on 47/52 persons

Legal constitution
  • Charity registered in England & Wales on 19/11/2009, number: 1132795
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Safeguarding vulnerable beneficiaries
Filing Record
13 returns made; AR16: 82 days late, AR15: 357 days late, AR14: 362 days late,
Main office

91 Clockhouse Lane
ROMFORD
RM5 3QP

Objectives

The purposes of the Methodist Church are and shall be deemed to have been since the date of union the advancement of -(a) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church;(b) any charitable purpose for the time being of any Connexional, district, circuit, local or other organisation of the Methodist Church;(c) any charitable purpose for the time being of any society or institution subsiduary or ancillary to the Methodist Church;(d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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