Finance Score: 0
Governance Score: 1
Support Score: 1
  • Liabilities <10%: +3
  • Excess reserves: -3
  • Strong growth: +2
  • Multiple Deficits: -2
  • No conflicts policy: -1
  • 12+ Trustees: -1
  • Gender balanced board: +3
  • Grant maker support: +1
Overall GiG Score: 2 ?

TRINITY METHODIST CHURCH CODSALL 

Christian worship, fellowship and community activities for all age groups within the Codsall and surrounding area.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker
  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • 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
  • There are 19 trustees whereas the Charities Commission recommends a maximum of 12
  • Over half the Board have joined recently

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £1,911,346 available, equivalent to 34 months of spending and so may not be able to utilise additional funding
  • On several occasions in recent years income has been less than spending

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£598£684£-87£0£1,980£1,91133.5160
31/08/21£136£86£50n/an/an/an/an/a0
31/08/20£135£177£-42n/an/an/an/an/a0
31/08/19£95£103£-8n/an/an/an/an/a0
31/08/18£106£135£-29£0£0£0n/a025
31/08/17£143£139£4£0£0£0n/a00
31/08/16£95£93£2£0£0£0n/a00
31/08/15£173£91£83£0£0£0n/a00
31/08/14£94£90£4£0£0£0n/a00
31/08/13£93£94£-1£0£0£0n/a00
31/08/12*£122£108£14£0£0£0n/a00
31/08/11£170£200£-30£0£0£0n/a00
31/08/10*£116£111£5£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: 3%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 33.5 months
Net Current Assets/Spending: 7 months
Quick Ratio: 2
Asset Split ?
Established: 14 years

www.codsallmethodist.org

codsallmethodist@gmail.com

01902342367

Charity Commission for England and WalesInstagram
Listed activities
  • Religious Activities
GiG Classification
  • Christian congregations
How it operates
  • Other charitable activities
  • Provides buildings/facilities/open space
Where it operates
  • Staffordshire, Wolverhampton,
Who it helps
  • The General Public/Mankind
Who works here?
  • 16 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Computers, Cake and Company
£4,200 27/03/2020
11
The funding will be used to provide digital inclusion activities for elderly people. The project aims to teach new skills that will reduce social isolation and promote independence.
National Lottery Community Fund - Replace flat roof of WCs and meeting rooms
£10,000 04/01/2017
12
This project will use the funding to install a new roof on its rurally located, community use building. This will improve the environment of the facility and make it more accessible for visitors and ....more
National Lottery Community Fund - Trinity Community Cafe, Codsall
£10,000 19/08/2010
12
This church in Codsall, Wolverhampton will use funding to carry out a refurbishment to its kitchen that will create an appropriate space for its community groups to utilise.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (19)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 22/04/2010, number: 1135637
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
13 returns made; AR12: 27 days late, AR10: 222 days late,
Main office

77B Riches Street
WOLVERHAMPTON
WV6 0EH

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 dicipline 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
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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