St. Peter and St. Paul's Church costs on average approximately £1950 per week to run. This is the inevitable cost of keeping the church building and church centre running, maintaining a churchyard and ensuring effective ministry to the whole parish community. People are usually surprised to learn that parish churches receive no automatic external or central funding (with the exception of occasional grant funding for specific needs). All the costs have to be covered by contributions from the parish community, in the form of fees for services such as weddings and funerals and voluntary donations.
The best form of income, as for any charitable organisation, is regular and therefore predictable income.
During the 5 accounting years 2014-2018, the church's income from regular giving decreased by 20%; overall income by 25%. This left us at the end of 2018, despite responsible financial management, in a sticky situation. However, during 2019, through an increase in regular giving, growth in the number of givers and continued careful money management, we saw the beginning of an overall improvement. Of course, now that improvement is being swept away by the reduction in income because of the coronavirus.
At the current time, with so much pressure on income for everyone, we certainly are not asking for money from people who simply cannot afford it. However, much of our income comes from weekly donations and collections in church, and as we cannot currently meet in church, the people who contribute in that way may appreciate alternative ways of giving. We have therefore provided multiple ways of giving and contributing:
Easyfundraising | Legacy Giving | Mobile Giving
Online Donating | Regular Giving by Standing Order
The Church Funding Group (a special PCC sub committee) has been working hard, with the help of others, to address the financial difficulties caused particularly by the pandemic. Here is an update for November.
More details to follow ...