ST URSULA'S CHURCH - BUDGET FOR 2018

INCOME EXPENDITURE
Actual
2016 		Actual
2017 		Budget
2018 		Actual
2016 		Actual
2017 		Budget
2018
 
Income from Community 165,963 163,585 167,000 Personnel-related costs 102,695 108,808 127,890
Pledged giving [1] 117,680 125,780 135,000 Stipends and remunerations [3] 71,109 76,317 88,725
Donations 18,457 12,585 10,000 Travelling expenses 3,163 5,447 4,000
Collections 29,826 25,220 22,000 Other personnel costs 28,423 27.043 35,165
Running costs 48,835 43,001 41,150
Income from events [2] 34,518 30,904 33,000 Premises [4] 38,594 32,002 31,540
Office 781 978 800
Income from other sources 25,880 24,876 25,000 Telephone and Internet 694 960 700
Contribution to costs: hall 25,101 24,026 25,000 Insurance 2,961 3,790 3,080
Other 780 850 1,000 Property tax 1,607 1,607 1,700
Vestry 1,351 2,047 1,830
Ministry and Hosptality 992 1,061 1,000
Grant from Archdeaconry 3,190 Subscriptions and Advertising 1,854 557 500
Youth and Junior Church [5] 449 507 4,000
Permanent activities income 8,063 8,854 8,350 Permanent activities expenditure 3,579 3,472 3,600
Magazine 5,587 6,441 6,200 Magazine 2,930 3,021 3,000
Card table 119 255 150 Card table 0 30 50
Coffee 2,332 2,159 2,000 Coffee 309 327 350
Other 25 0 0 Other 340 95 200
Income from Thun 765 1,412 1,540 Diocese/Deanery [6] 14,203 11,900 15,210
Charity 21,958 22,998 23,000
Investment and trust income 712 227 200 Financial Expense 143 334 240
Forex gain 59 Forex loss 3,550
Transfer to Building Fund 20,000 22,875 10,000
Transfer to Ministry Fund 2,962 10,000
 
TOTAL 239,091 229,917 235,090 218,482 216,856 235,090
 
EXTRAORDINARY INCOME [7] EXTRAORDINARY EXPENSE
Grants to Energy Appeal 25,000 Kitchen for House 25,000
Energy Appeal 88,000

NOTES

  1. The figures for Pledged income reflect the new Pledgers who have responded to our last Pledge mailing. We anticipate that as a result the collections and donations may also drop. However we are also introducing electronic ways to pay the Church (Twint) to cater for those who do not always carry cash.
  2. Income from events also include proposed extra events like the Diccon Bewes Evening, and our popular Pub Quiz nights.
  3. Stipends and Remuneration are based on a full year of the Chaplain and the associated costs.
  4. Our running costs are budgeted with some savings on energy usage, but with extra expenditure on replacing furnishings in the house, or providing for them in the future.
  5. Youth and Junior Church includes extra expenditure on our Safeguarding committments.
  6. The Diocese and Deanery are based on the actual invoices received plus extra for our other participations. The contribution has been increased 1% by the Diocese.
  7. If we achieve our balanced budget then our Building Reserve at the end of 2018 is forecast to be around 61000 which is still enough to cover any emergency expenditure required.