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Church Finance

Photo of £5 notes
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Photo of Roger Periam Hello.  I'm Roger Periam and I'm the Treasurer at Wilford Church.  Please contact me if you have any questions about our finances, or if you want to know more about how you can give towards the work of our church.  Ring me on 0115 846 2173 or send an email to periamrj@aol.com.

PS  Now that I'm Treasurer, I'm a lot older and greyer than this photo shows!

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Five Financial Facts

1. It costs over £35,000 every year to pay for a minister's wage, National insurance, housing and pension.

2. Costs are rising by 5% each year because of inflation and increasing pension contributions, but our gifts aren't rising by the same amount.

3. A standing order (with Gift Aid if you can) to the church's bank account is the most effective way to give.

4. Half of our regular income comes from just one fifth of our givers.

5. As a result of our Pledge Sunday in April 2006, we managed to close the shortfall in our income for that year.  (In previous years the shortfall has been approximately £6,000.)  We had been making up these shortfalls from our reserves, but needed to balance our accounts because we had nothing left in the bank.  The even better news is that in 2007 we again 'stayed solvent' and even generated a small surplus.  I've published the 2007 figures on this site and you'll see that we've managed to hold down our costs - and, more importantly, that you have been really generous in your giving.

 

But inflation and general cost increases are still affecting us and we decided that in 2008 we needed to make 11 May, Pentecost Sunday, our Finance Gift Day so we can continue to balance our budget and look forward to continuing growth.

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The response to our gift day has been excellent - with thirty families or individuals responding.  Seventeen have confirmed or increased their regular giving promises and over £4.500 was donated as one-off gifts.
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What else can you do?

Please take a look around the rest of this section of the website.  I've included some information on what we're planning to spend and on how much money we expect to receive.  You can also look at the 2007 accounts, which are the latest ones published to and approved by the church family at our annual meeting.
But perhaps most importantly, please consider prayerfully how you might give towards the work of Wilford Church.  David Rowe has talked about this issue as part of our programme for 'Sharpening the Focus of our Church' and you might find his message on 'The Grace of Giving' helpful.

Thank you ..... ROGER

Updated in June 2008

 
Copyright: Wilford Church 2008       email us on: wilfordchurch@aol.com       or call +44 (0)115 981 7328