LAUNCESTON AREA METHODIST CIRCUIT
Charity overview
Activities - how the charity spends its money
Acts as an umbrella or resource body. Provides services to the Circuit. Raises funds and makes grants to organisations. Enables the development of projects to benefit the local community.
Income and expenditure
Data for financial year ending 31 August 2024
Total income:
£507,698
| Donations and legacies | £252.35k | |
| Charitable activities | £222.01k | |
| Other trading activities | £30.47k | |
| Investments | £2.88k | |
| Other | £0 |
Total expenditure:
£197,361
| Raising funds | £0 | |
| Charitable activities | £0 | |
| Other | £197.36k |
£0 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
| Raising funds and other expenditure | £197.36k | |
| Charitable expenditure | £0 | |
| Retained for future use | £310.34k |
People
4 Employee(s)
36 Trustee(s)
173 Volunteer(s)
Employees with total benefits over £60,000
No employees have total benefits over £60k for this charityFundraising
Trading
Trustee payments
What, who, how, where
- Religious Activities
- Children/young People
- Elderly/old People
- People With Disabilities
- The General Public/mankind
- Makes Grants To Organisations
- Provides Services
- Acts As An Umbrella Or Resource Body
- Cornwall
- Devon
Governance
- 07 October 2010: Standard registration
- LAMC (Working name)
- 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
- Investing charity funds 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
Trustees
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service
36 Trustee(s)
| Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||||
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| Rev David Clive Miller | Chair | 01 September 2020 |
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| Ruth Richey | Trustee | 07 November 2024 |
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| Andrew Baker | Trustee | 18 March 2024 |
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| Mary Cole | Trustee | 21 August 2023 |
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| Barbara Sleep | Trustee | 11 October 2022 |
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| Jennifer Mary Creber | Trustee | 06 October 2022 |
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| Dr Clive Anthony Vinson | Trustee | 01 October 2022 |
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| Ann Foster | Trustee | 01 September 2022 |
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| Angela Morrison | Trustee | 01 September 2022 |
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| Kenneth Scoble | Trustee | 01 September 2022 |
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| Ann Christine Hobden | Trustee | 20 July 2022 |
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| Irene Mary Stanbury | Trustee | 01 June 2022 |
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| Daphne Mary Tucker | Trustee | 01 November 2021 |
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| Francis George Arscott | Trustee | 24 June 2021 |
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| ERIC WILLIAM ROWLAND | Trustee | 27 April 2021 |
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| Neil Hillson Burden | Trustee | 01 March 2021 |
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| Roger John Roy Parsons | Trustee | 01 October 2020 |
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| Philip John Medland | Trustee | 21 February 2020 |
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| Elizabeth Janet Ham | Trustee | 21 October 2019 |
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| Henry George Stanbury | Trustee | 03 October 2019 |
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| Rev Catherine Elizabeth Arscott | Trustee | 01 September 2019 |
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| Anthony George Stephens | Trustee | 01 July 2019 |
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| Mary Lorraine Sluggett | Trustee | 06 March 2018 |
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| KEITH RICHARD BROWNE | Trustee | 19 November 2017 |
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| JILL PATRICIA PRICE | Trustee | 16 May 2017 |
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| SANDRA JOY SMALE | Trustee | 09 March 2017 |
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| DAVID JOHN PETT | Trustee | 26 May 2016 |
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| CHRISTINE JOY HORDLEY | Trustee | 18 February 2016 |
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| PHILIP PERCIVAL PARSONS | Trustee | 30 September 2015 |
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| WILLIAM JOHN WHALE | Trustee | 28 August 2014 |
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| BERNARD WEST STROUT | Trustee | 27 November 2012 |
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| DOROTHY MARY DAVEY | Trustee | 20 November 2012 |
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| REV KEITH ROBERTS | Trustee | 21 June 2011 |
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| REV ANNE CURNOW | Trustee | 21 June 2011 |
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| LINDA MAUREEN JONES | Trustee |
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| EVELYN ANNE ROWE | Trustee |
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Financial history
Financial period end date
| Income / Expenditure | 31/08/2020 | 31/08/2021 | 31/08/2022 | 31/08/2023 | 31/08/2024 | ||
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Total gross income | £366.81k | £188.51k | £237.18k | £242.50k | £507.70k | |
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Total expenditure | £1.34m | £222.74k | £226.40k | £202.90k | £197.36k | |
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Income from government contracts | N/A | N/A | N/A | N/A | N/A | |
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Income from government grants | N/A | N/A | N/A | N/A | N/A | |
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Income - Donations and legacies | N/A | N/A | N/A | N/A | £252.35k | |
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Income - Other trading activities | N/A | N/A | N/A | N/A | £30.47k | |
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Income - Charitable activities | N/A | N/A | N/A | N/A | £222.01k | |
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Income - Endowments | N/A | N/A | N/A | N/A | £0 | |
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Income - Investment | N/A | N/A | N/A | N/A | £2.88k | |
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Income - Other | N/A | N/A | N/A | N/A | £0 | |
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Income - Legacies | N/A | N/A | N/A | N/A | £0 | |
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Expenditure - Charitable activities | N/A | N/A | N/A | N/A | £0 | |
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Expenditure - Raising funds | N/A | N/A | N/A | N/A | £0 | |
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Expenditure - Governance | N/A | N/A | N/A | N/A | £0 | |
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Expenditure - Grants institution | N/A | N/A | N/A | N/A | £0 | |
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Expenditure - Investment management | N/A | N/A | N/A | N/A | £0 | |
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Expenditure - Other | N/A | N/A | N/A | N/A | £197.36k |
Assets and liabilities
Definitions for assets and liabilities
These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.
Long term InvestmentsInvestments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.
These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.
Defined benefit pension scheme asset or liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.
| Asset / Liability | 31/08/2020 | 31/08/2021 | 31/08/2022 | 31/08/2023 | 31/08/2024 | ||
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Own use assets | N/A | N/A | N/A | N/A | £1.30m | |
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Long-term investments | N/A | N/A | N/A | N/A | £0 | |
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Other assets | N/A | N/A | N/A | N/A | £180.24k | |
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Defined benefit pension scheme asset or liability | N/A | N/A | N/A | N/A | £0 | |
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Total liabilities | N/A | N/A | N/A | N/A | £310.15k |
Accounts and annual returns
| Title | Reporting year | Date received | Received | Download |
|---|---|---|---|---|
| Annual return | 31 August 2024 | 27 June 2025 | On time | |
| Accounts and TAR | 31 August 2024 | 27 June 2025 | On time | Download Open in new window |
| Annual return | 31 August 2023 | 18 June 2024 | On time | |
| Accounts and TAR | 31 August 2023 | 18 June 2024 | On time | Download Open in new window |
| Annual return | 31 August 2022 | 24 November 2023 | 147 days late | |
| Accounts and TAR | 31 August 2022 | 24 November 2023 | 147 days late | Download Open in new window |
| Annual return | 31 August 2021 | 05 November 2023 | 493 days late | |
| Accounts and TAR | 31 August 2021 | 05 November 2023 | 493 days late | Download Open in new window |
| Annual return | 31 August 2020 | 06 June 2023 | 706 days late | |
| Accounts and TAR | 31 August 2020 | 06 June 2023 | 706 days late | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
DEED OF UNION (1932) AND THE METHODIST CHURCH ACT (1976)
Charitable objects
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 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.
Area of benefit
NOT DEFINED IN PRACTICE LOCAL
Contact information
- Address:
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Circuit Office
Castle Street
Launceston
PL15 8BA
- Phone:
- 01566772797
- Email:
- secretary@lamc.org.uk
- Website:
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