The Finances of St Peter & St Mary’s Church
This page sets out the way in which your Church uses its resources, and the ways in which you can contribute to them.
A special message from our PCC Treasurer, Robert Christie (posted 20th April 2020)
What a challenging time this is to us all. What a challenging time to us as a Church. We cannot meet together at Services, hold Social and Fundraising events – we are having to live out our Christianity in different ways – helping in the Community if we are allowed out and keeping in touch by phone and various technologies with family, friends and neighbours, ensuring no-one is lonely or totally cut off.
The closure of our Church building and St Peter’s Place has had a massive impact on our finances, our income is down by some £2,000 a month, when we were already running at a loss of some £600 a month.
Many members of our Church use the Parish Giving Scheme to make their gift each month. This is a Direct Debit scheme which is administered centrally and claims back Gift Aid where applicable on a monthly basis. This is enormously helpful, as although we are not using our Church buildings we still need to support our mission, pay insurances on both buildings, pay water supply bills (as our church and hall usage aren’t metered), pay certain expenses on the rectory, and try and contribute towards our Parish Share, which covers clergy costs across the Diocese, including here.
If you give through the scheme already and want to adjust your giving, whether upwards or downwards you can contact them on email@example.com or call them on 0333 002 1260. If you previously made your gifts in the collection plate and you may want to learn more about Parish Giving. If so, please go to www.parishgivingscheme.org.uk
Alternatively, if you wish to set up a Standing Order, please get in touch (email firstname.lastname@example.org or telephone 01243 532642) and I’ll let you have the bank details.
Our financial giving to our Church is a key part of our Christian commitment. At this difficult time, many are thinking again about their priorities in life. Our Church has an important role to play at all times, but especially now, please be as generous as you can be to it.
Many thanks to all who already give their all to the life of our Church, not just financially, but in their living witness.
A general overview of the Church Finances.
St Peter and St Mary’s costs roughly £300 a day to run, £2,100 a week.
Our electoral roll for 2018 had 201 people on it, 56 of whom live outside our parish.
We have run at a loss for several years, the spending gap being met by taking from reserves which were boosted by a legacy of over £50,000 in 2014.
- Our income comes from:
- Giving (parish giving, standing orders, envelopes, open plate collections)
- Tax recovered from Gift Aid giving
- St Peter’s Place letting
- Fund Raising events
- One-off donations and Legacies
The money we spend goes on:
- Our Diocesan Share (which goes to pay for all clergy costs, incl. housing, pensions, training)
- Looking after the Church property (the Church and Hall)
- Running costs of the Church and Hall (service items, fuel, water, insurance etc)
- Giving to other charities
How You Can Help – Ways of Giving
Give Cash at a Church Service
This is a great way to help. By using a Gift Aid envelope (if you pay tax) it increases the value by 25%.
Weekly envelopes are a way of regularly giving. You are supplied with a set of numbered and dated envelopes, one for each Sunday of the year. The number enables Gift Aid to be claimed.
Alternatively, you can set up a standing order. We can help you set this up and it only needs doing once. You can review it and change the amount at any time, and again you can specify that the donation if Gift Aided.
The Parish Giving Scheme
This is a relatively new way of Giving. The Parish Giving organisation, which does not charge for its services, collects a standard amount monthly via Direct Debit, and claims any Gift Aid for the Church. You can review the amount at any time, or request that it be increased annually by the rate of inflation.
Via A Legacy
Why not remember your Church in your Will? A Guidance leaflet on this is available at the back of the Church.
Making a Donation
People sometimes make a one-off donation: in memory of a loved one or to mark a wedding, baptism or renewal of vows. Again Gift Aid enhances its value.
Supporting a Fund-Raising Event
To Sum Up
Your giving of money helps us keep the Church open and available for the whole community of Fishbourne. The various ways you can give allow you to choose one that suits you, and if you pay tax, Gift Aid enables your gift to be increased by a quarter. If you have any questions, our PCC Treasurer, Robert Christie, is available to help in confidence. Contact him on 01243 532642, or email email@example.com
God and Us
God Gives Us His:
- Unconditional Love
- The life of His Son
- Guidance on How to Live Our Lives
- Presence Amongst Us
- Listening Ear When We Pray to Him
We Give God Our:
- Help in Spreading His Word