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

BASINGSTOKE AND READING METHODIST CIRCUIT 

Promoting christianity by enabling the provision of regular acts of worship in local churches that are open to all. Facilitating the provision of sacred spaces for prayer, contemplation and activities within local communities. Encouraging christian teaching. Local and international Christian outreach, enabling teaching and support through pastoral work, courses and activities.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of gender

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 94 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £6,865,780 available, equivalent to 138 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*£533£595£-62£0£7,328£6,866138.41450
31/08/21£582£652£-70£0£6,828£6,338116.61550
31/08/20£600£660£-60£0£6,415£5,982108.81550
31/08/19£593£694£-100£0£6,483£6,038104.51555
31/08/18£553£617£-64£0£6,739£6,296122.51454
31/08/17£538£618£-80£0£6,941£6,504126.2160
31/08/16£599£689£-90£0£6,145£5,72499.7100
31/08/15£1,188£838£350£6£6,243£5,85783.9110
31/08/14£384£424£-40£0£0£0n/a00
31/08/13£537£400£137£4£3,829£3,543106.390
31/08/12£333£376£-43£0£0£0n/a00
31/08/11£403£450£-48£0£0£0n/a00
31/08/10*£550£382£169£2£3,964£2638.390

Financial Ratios
Fundraising Costs/Relevant Income: 0.7%
Fundraising Costs/Total Spending: 0.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 138.4 months
Net Current Assets/Spending: 7 months
Quick Ratio: 5.8
Asset Split ?
Established: 14 years

http://www.basingstokereadingmethodists.uk/

marion@basingstokereadingmethodists.uk

0118 958 1505

Charity Commission for England and Wales
Listed activities
  • Religious Activities
GiG Classification
  • Christian congregations
How it operates
  • Other charitable activities
Where it operates
  • Hampshire, Reading, West Berkshire, Wokingham,
Who it helps
  • The General Public/Mankind
Who works here?
  • 14 employees
  • 50 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (94)
Current Trustees appointed
Gender Split
Based on 92/94 persons

Legal constitution
  • Charity registered in England & Wales on 12/03/2010, number: 1134891
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
13 returns made; AR22: 17 days late, AR10: 113 days late,
Main office

WESLEY METHODIST CHURCH
84 QUEENS ROAD
READING
RG1 4BW

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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