Finance Score: -9

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Accounts filed more than 5 days late: -4 times
Strong growth: +2
Fundraising costs high: -5

Gender balanced board: +3

No supporters identified

Overall GiG Score: -6

LAMBETH CIRCUIT METHODIST CHURCH

To provide support mechanism to the local churches within the Circuit. The Circuit provide ministerial oversight and pastoral care for the 6 local churches in the Circuit. It support ministerial team of 4 ministers. It maintains 3 manses and i other manse and a 2 former churches.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending since inception
The Board appears to be well diversified in terms of gender

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £11,323,105 available, equivalent to 156 months of spending and so may not be able to utilise additional funding
Accounts have been filed late on 4 occasions over the last 5 years and the current period appears to have been extended
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23	*	£1,238	£870	£368	£150	£11,330	£11,323	156.2	2	20
31/08/22	*	£395	£656	£-260	n/a	n/a	n/a	n/a	n/a	n/a
31/08/21	*	£2,893	£1,677	£1,216	£1,325	£11,181	£11,174	80	1	10
31/08/20	*	£271	£350	£-80	n/a	n/a	n/a	n/a	n/a	n/a
31/08/19	*	£223	£382	£-159	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 60.3%
Fundraising Costs/Total Spending: 17.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 156.2 months
Net Current Assets/Spending: 33 months
Quick Ratio: 4.6

Asset Split ?

Balance Sheet History

Established: 7 years

lambethmethodistcircuit.org.uk

02086468113

Charity Commission for England and Wales

Listed activities

Religious Activities

GiG Classification

Christian religious associations

How it operates

Makes grants to organisations
Provides buildings/facilities/open space

Where it operates

Lambeth,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

ABIGAIL TAGOE Appointed: 2016

ALICE ACHOLA OMARA Appointed: 2017

AFOLAKE ELIZABETH OYELEDUN Appointed: 2020

DANIEL SACKEY Appointed: 2016

JACOB ARKAAH Appointed: 2018

KOJO AMOAH-ARKO Appointed: 2016

NANCY ACQUAAH Appointed: 2020

ROBERT SMYTH Appointed: 2018

REV ANDREW JOHN DART Appointed: 2020, Occupation: None

Legal constitution

Charity registered in England & Wales on 01/11/2017, number: 1175488

Gift Aid

NOT registered with HMRC for Gift Aid

Event History

20/06/2022 - Asset transfer in from BRIXTON & STREATHAM CIRCUIT
05/08/2022 - Asset transfer in from BRIXTON & STREATHAM CIRCUIT

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

5 returns made; AR23: 1 days late, AR22: 250 days late, AR21: 389 days late, AR20: 337 days late, AR19: 620 days late,

Recent reorganisation events:

Asset transfer in from BRIXTON & STREATHAM CIRCUIT on 20/06/2022
Asset transfer in from BRIXTON & STREATHAM CIRCUIT on 05/08/2022

Main office

Kojo & Co
118-120 London Road
MITCHAM
Surrey
CR4 3LB

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 BEING A SOCIETY OR INSTITUTION SUBSIDIARY 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.

Data Sources

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