METHODIST CHAPEL AID LIMITED

1. METHODIST CHAPEL AID LIMITED 2002-04-11 → present
2. THE METHODIST CHAPEL AID ASSOCIATION LIMITED 1932-11-22 → 2002-04-11
3. THE PRIMITIVE METHODIST CHAPEL AID ASSOCIATION LIMITED 1890-01-21 → 1932-11-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Royce Peeling Green Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the Directors' assessment of the company's ability to continue to adopt the going concern basis of accounting included: [...] From the work undertaken, we noted that there is sufficient headroom in regulatory capital, and the company is projected to remain solvent in the medium term forecast period to 2030, taking into account stress testing that showed, even under severe stresses, the company could continue as a going concern for the foreseeable future.”

Significant events

• “The Directors agreed on 31 July 2025 to amend the Company's accounting reference date (financial year-end) to 30 September consequent upon the appointment of a new firm of independent auditors.”
• “During April 2025 the Company was informed that Beever and Struthers would not be seeking reappointment as independent auditors for 2025. ...the Board appointed Royce Peeling Green Limited as the Company's independent auditors.”
• “committed loans over the 9-month period ... from £9.9 million to £11.2 million, and this has been accommodated within the Board's policy parameters and in accordance with its strategic plan.”
• “The Company's car loan scheme, which has never been a significant part of its business, closed for new applications at the end of 2023 and the one remaining loan is due to be fully repaid within the next two years.”
• “Peter Mills retired in April 2025 following over 14 years of dedicated service...”
• “Helen Ashley Taylor for her time as a Board member. Helen resigned as a Director in April 2025 for health-related reasons.”
• “Ruth Manning ... appointed on 1 June 2025”
• “Steve Jones, the Company Accountant, was appointed to the Board as Finance Director in recognition of the importance of his role and his significant contribution at Board meetings.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +12.7%

  £8,355,272 → £9,417,754

• Net assets

  +2.7%

  £13,747,327 → £14,117,086

• Employees

  0%

  5 → 5

• Operating profit

  +116.5%

  -£204,962 → £33,772

• Profit before tax

  -14.4%

  £489,534 → £418,967

• Wages

  -49%

  £133,535 → £68,067

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers