St Johns Parish Church Egham Treasurers Report 2019 Financial - - PowerPoint PPT Presentation

▶
st john s parish church egham
SMART_READER_LITE
LIVE PREVIEW

St Johns Parish Church Egham Treasurers Report 2019 Financial - - PowerPoint PPT Presentation

Feb 21, 2023 7 likes •204 views

St Johns Parish Church Egham Treasurers Report 2019 Financial Result and Accounts Appointment of Menzies as Auditors for 2020 Accounts Partnership & Easter Centre Giving 2019/20 Hardship Fund & 2020 Gift Day

slide-1
SLIDE 1

St John’s Parish Church Egham

Treasurer’s Report

  • 2019 Financial Result and Accounts
  • Appointment of Menzies as Auditors for 2020 Accounts
  • Partnership & Easter Centre Giving 2019/20
  • Hardship Fund & 2020 Gift Day
  • 2020 Budget
  • Thanks
  • Questions?
slide-2
SLIDE 2

2019 General fund - Income

  • Partnership giving rose 4% or

£8,439 (a similar increase to 2018) to £231,010, about £4,000 below budget

  • Grants (£9,400) and Legacies

(£15,000) provided significant increase to other income.

  • Easter Centre use continued to

provide growing income.

  • The surplus was in line with 2018,

although supported by the significant one-off giving.

50 100 150 200 250

Partners Tax recl Other gifts Events &c Investment

2019 £366,404 2018 £329,077

slide-3
SLIDE 3

2019 General fund - Expenditure

  • Mission Partner tithe continues

at 10% of our voluntary income

  • Team costs increased due to full

year of student/youth post and grant funded EC development role.

  • Higher spending on mission

including Alpha and Growing Together courses.

  • Buildings costs up 10% with

essential maintenance of the church and higher overall utility costs.

50 100 150 200

Grants Team Activities Support Buildings

2019 £358,637 2018 £321,872

slide-4
SLIDE 4

General Fund - Surplus/Deficit

(£30,000) (£20,000) (£10,000) £0 £10,000 £20,000 £30,000 2010 '11 '12 '13 '14 '15 '16 '17 '18 '19 Net result

slide-5
SLIDE 5

St John’s Combined Balance Sheet

(including Easter Centre, Playbox, Kitchen & Building for the Future)

£’000 2018

Easter Centre 5,937 5,932 Houses and other fixed assets 333 335 CCLA investment units 58 48 Traidcraft stock & Gift Aid debtor 13 18 Cash at bank and on deposit 88 277 Creditors, bank & other loans (1,766) (2,316) Net assets 4,663 4,294

slide-6
SLIDE 6

St John’s Balance Sheet - Reserves

(including Easter Centre, Playbox, Kitchen & Building for the Future)

£’000 2018

Easter Centre building fund 4,128 3,770 Other freehold properties fund 321 321 General fund 75 58 Fabric fund 27 27 Restricted funds (Playbox &c) 28 34 Endowment: Budgen bequest 84 84 Net assets 4,663 4,294

slide-7
SLIDE 7

Appointment of Auditors

Menzies LLP has expressed its willingness to continue to serve as our auditors

slide-8
SLIDE 8

Number of Partners

(individuals or couples)

2019/20 2018/19 At beginning of year 163 165 Left during year Promoted to Glory (6) Moved out of the area (12) (5) Moved from St John's (4) Joined during year 22 3 _____ _____ At March 2019 / September 2020 163 163

Of 163 Partners (73 couples, 236 people), 110 (93 in 2018) now give by Parish Giving Scheme with the rest mainly by Standing Order although some still by weekly envelopes.

slide-9
SLIDE 9

Number of Partners

(individuals or couples)

182 184 186 190 199 197 183 173 167 165 163 163 120 130 140 150 160 170 180 190 200 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 (Sept)

Partners Year ended March

slide-10
SLIDE 10

Average giving per Partner

(individual or couple)

£1,014 £1,122 £1,179 £1,195 £1,240 £1,189 £1,205 £1,257 £1,328 £1,340 £1,376 £1,417

£1,000 £1,100 £1,200 £1,300 £1,400 £1,500

Average giving per year Partnership year starting in

slide-11
SLIDE 11

2019/20 2018/19 Regular givers 58 £178,175 55 £134,741 (individuals or couples) Gift Days: new donations 46 £212,365 59 £167,419 Harvest Pentecost _______ _______ Totals each year 104 £390,540 114 £302,160

Building for the Future

(gifts received/pledged plus Gift Aid)

  • Congregational loans of £170,000 outstanding at December 2019 - £300,000 were repaid or

gifted during the year.

  • Outstanding bank loans at December 2019 were £1,576,000 (2018 – £1,689,000)
slide-12
SLIDE 12

£ Donations received £30,400 Additional Pledges £1,600 Grants already given (£4,500) _______ To be distributed £27,500 People Donors 55 Individuals helped 22

Hardship Fund

(St John’s response to Covid-19)

  • Established in March 2020 as a direct response to

the Covid pandemic

  • Through the extraordinary generosity of

members of St John’s we can provide support to individuals at their point of need.

  • We need to pray about ways to steward this

money beyond ad hoc individual handouts as (important as these are) and would welcome any ideas.

slide-13
SLIDE 13
  • 115 responses received to 236 contacts
  • 2 donors will leave a legacy in their wills
  • 2 offers of interest free loans
  • 3 new Partners
  • £5,671 one off donations
  • £5,160 of increased regular giving
  • 4 new Supporters
  • £89,013 one off donations
  • £5,550 of increased regular giving
  • £60,000 of loans gifted to Easter Centre
  • £71,000 of new donations to the EC in the year
  • Partnership Giving exceeding budget by £15,000
  • Phil Darby’s fundraising team have now reached

£75,000 – still targeting £100,000

Other Acts of Generosity Partnership Responses Easter Centre

2020 Gift Day update *

* As of 7th October

Still time to respond – link on the website!

slide-14
SLIDE 14

St John’s Budget for 2020

(excluding Playbox, Kitchen & Building for the Future)

The 2020 Budget (set almost a year ago) anticipated: -

  • Income to increase by £5,000 to £364,250 – with increased Partnership income

more than offsetting the lack of legacy income

  • Expenditure to increase by £20,000 to £370,250 - with the need to spend on

upgrades to the curate’s house (15,000) and general building maintenance (10,000) being the key drivers of the increase.

The resulting deficit of £6,000 was considered by the PCC to be acceptable in light of prior year surplus and the need to carryout one-time building works.

slide-15
SLIDE 15

2020 Budget - General Income

(excluding Playbox, Kitchen & Building for the Future)

£’000 2019 (actual)

Partnership giving 245 232 Gift Aid income tax recoverable 54 50 Collections, legacies and other gifts 8 20 Concerts, youth & other activities 11 14

(events, courses, bookstall, refreshments)

Building use, Grants & PCC fees 43 41 Rent, interest and dividends 3 3 General fund income 364 359

slide-16
SLIDE 16

2020 Budget - General Expenditure

(excluding Playbox, Kitchen & Building for the Future) £’000 2019 (actual)

Mission Tithe & other grants 35 31 Vicar, curate, housing & diocese 124 125 Other workers including housing 54 61

(Lay Pastor, Children & Families, Pastoral, ECDM)

Ministry, activities & CAP 37 38 Office, audit & publicity 37 36 Buildings, equipment &c 83 60 General fund expenditure 370 351

slide-17
SLIDE 17

Our Budget for 2020

Vicar, Curate & diocesan support 33% Mission Partners 10% Youth & adult ministry 25% Parish office, publicity & audit 10% Buildings: running costs & improvements 22%

slide-18
SLIDE 18

Thanks to all who help by keeping accounts for . . .

  • Assistant Treasurers – Peter Gardner & Keith Malcouronne
  • Partnership & Kitchen – Lesley Pocock
  • Building for the Future – Lesley & Chris Peters
  • Offerings & envelopes – Bob Bridgman
  • Flower & Coffee Funds – Brenda Richardson
  • Playtime – Peter Gardner

Specific acknowledgment to Peter Gardner who has faithfully served for 8 years and is now transitioning to his successor Natalie Delboux

slide-19
SLIDE 19

Any questions?