Posts tagged Treasurer; Money
Treasurers Report
0First the Good News.
The Virtual fair and Annual Prize Draw have again been very well supported. The Virtual Fair raised £1,416 (2010: £1,304) and the Prize Draw £469 (2010: £495).
(Note: it is anticipated that there are still some Virtual Fair donations still to be made — see page 20.)
Huge thanks to all who have supported these fund raising activities and to Darren and all those others who organised them.
Our ‘regular’ income was also good this month. Direct giving (envelopes and direct bank giving) came to £2,187 (2010: £1,877) and the loose Sunday collections came to £325 (2010: £337). We also received rent with regard to St Timothy’s, a very important source of income, of £265.
Our expenses for the month were £4,222 – up by 11% on November 2010 – and will certainly go up again in 2012.
At present we are just about paying our way each month with regard to our monthly payment to cover the Diocesan Share and also our utility costs – although our expenditure for repairs and maintenance can be extremely high! The costs of repairing the damage done following the recent break-in at St Timothy’s is covered by insurance – but of course we will have to pay the first £250 ourselves.
2012 is going to be a challenging year.
From the Treasurer…
06 months ago
by rpalmer2005
in News
In September we gave £2,004 to the Parish by way of envelopes, Sunday lose collections and the regular Gift Direct (direct debit scheme).
This was the major component of our total income for the month of £3,700. Unfortunately expenditure was £4,100.
Now this is not an unusually high figure for our monthly outgoings – our Share Commitment (to the Diocese), utility bills for both churches and altar supplies all add up and are quite a significant figure.
It is true to say that we still rely heavily on the extra income of those five Sunday months, to cover the shortfall on the four Sunday months.
[If anyone has any fund raising ideas, please let the wardens know.]
We have now reached the end of the third quarter of 2011 – isn’t time flying!
For the nine months to the 25th September 2011 we had a total income of £51,650 and of that, we spent £51,060 – so we are only just covering our costs.
People are generous – and the total that we have given via the weekly envelopes, Sunday collections and the regular Gift Direct has risen from 2010 – we have given £22,300 for these last nine months compared to £21,200 in 2010 – however looking further back to 2009, for the same period we gave £22,200!
Therefore, in a direct comparison with that year, there has only been an increase of £100 – particularly worrying at a time when costs are going up for everyone.
Nevertheless it is essential that the Parish is able to meet its financial obligations and for this reason the emphasis must be placed on the concept of regularity in giving.
Peter Rosser