The Church's Budget

Despite being "just a church" the amount flowing through our coffers every year is startling large. In 2001 we spent £273,000, which is equivalent to £20 per week for each adult that comes on a Sunday!

The following charts show where we expect our income to come from, and the major areas where we expect to spend it.

Pie chart of Income Pie chart of Expenditure

These tables give more detailed figures on income and expenditure, adjusted to show the budget for an average month (2002).

Income CategoryAve. Monthly Income
from Planned Giving11,500
from Charities Aid400
from Gift Aid2,000
from Tax Refund4,167
Envelope Collections1,650
Collections
9:00am service75
10:45am service460
3:45pm service200
6:30am service135
other Interest3
Room Hire100
Bookstalls50
Donations137
for St. Mary's fabric733
Total21,885
Expenditure CategoryAve. Monthly Cost
Diocesan Quota7,987
Giving to Missions2,050
Ordained Staff2,300
Office Staff4,500
Office Equipment250
Office Running Costs375
St. Mary's Running Costs1,133
St. Mary's Repairs67
St. Matthew's Running Costs1,466
St. Matthews's Repairs175
Rectory Running Costs75
Chester House Running Costs255
Worship/Services300
Staff Expenses585
Childrens & Youthwork100
Books & Training120
Publishing50
Miscellaneous538
Total22,345

This shows that our major expenditure each month is on the Diocesan Quota. This is paid by each parish to its 'parent' diocese as its share of the costs of paying for, housing and paying the pension of our Rector and Curate. It also covers Diocesan staff, including posts like the Children's and Youth Officers. Other large costs include the upkeep and bills of our two buildings, and the costs of employing our other staff: Church Manager, Secretary, Director of Prayer Ministry, Facilities Manager and Cleaner.

The Treasurer will be happy to answer further questions you have about the finances.

Accounts

The last set of audited accounts are for the calendar year 2001:

Income Category20012000
General Income
Service Collections31,28328,676
Planned Giving Scheme106,65773,797
Gift Aid & Charities Aid31,37637,329
Tax Refund40,90843,432
Donations and Special Services1,018456
Deficit Appeal20,336-
Investment Income
Interest195151
Mission Giving8,68914,007
Miscellaneous
Room Hire2,530-
Bible Notes & Bookstall665657
Other Income9263,290
Extraordinary Donations for Specific Purposes
Clergy Expenses800800
Jenner Walk & Chester House3,5231,187
Youth Work-8
St.Mary's
Donations23,9697,506
Bookstall332408
Deficit for Year-1,646
Total273,207213,351
Expenditure Category20012000
Diocesan Quota80,22067,008
Publications3,0373,791
Church Giving34,75732,970
Sanctuary603758
Organ, Choir, Music & Bells1,0782,412
Administration14,89413,001
Staff Expenses76,60668,645
Rector3,4813,830
Assistant Clergy800500
Salaries, Housing and Expenses72,32564,315
St.Matthew's Church
Heat, Light and Water10,9228,194
Major Repairs-80
Minor Repairs916436
Insurance2,8882,886
Other Expenses2,6825,964
St.Mary's Church
Heat, Light and Water7,5982,860
Quinquennial14,259-
Repairs7771,375
Insurance2,9762,527
Other Expenses475444
Surplus for Year18,519-
Total273,207213,351

Last Updated: 11/02/03