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Trinity Methodist Church<br />
What You Didn’t Know About the Church Finances?<br />
Following Simon’s report signifying completion of the Church Building Project, this<br />
seemed an appropriate time to keep you all appraised of our overall finances.<br />
I am delighted to say that the overall financial situation of the church is in a sound<br />
position. However, each financial year remains a challenge to make income equal<br />
expenditure and achieve all the work the Church would like to undertake.<br />
Did you know it costs £2,277 per week to keep the Church and our core activities<br />
running?<br />
In addition, as a Church we also pledge 10% of the Church’s income, nearly £12,500<br />
in the last financial year to 31 August 2015, towards donations to worthy causes<br />
both within and outside Methodism.<br />
The above figures do not include the annual repayments of £45,000 to repay the<br />
loan from Redhill which helped us complete the new church, or the £30,000 per<br />
annum which enables us to have a lay assistant working within the Church family.<br />
Adding all of this together, the Church requires £3,959 per week to ‘balance the<br />
overall books’. Over 80% of these costs are met by the extremely generous giving of<br />
our congregation and friends.<br />
However, with costs inevitably likely to increase each year, I believe every one of us<br />
should challenge ourselves to see whether an increase in our giving to the life of the<br />
church is possible, however small or large that increase might be. For if we are<br />
benefiting from living within the family of the Church, we should look to maximise<br />
our giving to the Church so that others might also benefit from our Church family.<br />
And for all those who currently pay tax, and are not claiming gift aid, we can no<br />
longer ignore the opportunity provided by the Government to increase your giving<br />
by 25% (at no cost to yourself). So please see me or Jennifer, if you pay tax but are<br />
not already registered for Gift Aid.<br />
Please do not hesitate to ask me if you have a question or would like to know more<br />
about the finances of the Church.<br />
Phil, Church Treasurer
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