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Financial Review

January 2013

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Topics for today

Highlights of 2012

Looking forward to 2013

Action

Accounting Change for 2013

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Alpha

Children

Crossway

Young

People Way In

Healing

On the

Streets

Living

Stones

Toddlers

Outreach

To

Older

People

ReachingThe

Lost

Students

Touching

Our

Community

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Financial Highlights from 2012

Detailed accounts not yet available BUT

Income lower than budget by 34K

Costs lower than expectedWhy? Mainly:

Staff vacancies saving 32K

Lower maintenance/running costs 16K Expect a small deficit in the year of 9K

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Income 2008 to Forecast for 2013 k

0

100

200

300

400

500

600

700

800

900

1000

2008 2009 2010 2011 2012 2013

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An open door to our community

We want greater impact in 2013 & beyond

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Provisional Plan for 2013

Living Stones 160k

Staff costs 308k

Common Fund 214K

Ministry 39k

Management & Support109k

Building repairs 29kTotal Costs of 859K

Includes ministry outside the parish of 280K

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Cost Comparison 2012 v 2013 k

634 699

160 160

0

100

200

300

400

500

600

700

General Fund Living Stones

2012

2013

2012 Costs are only estimated

2013 cost budget is only 6K higher than 2012 budget

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2013

Backdrop of reducing income

Cost forecast of 859K

Based on current commitments income of787K

Not a short term problem but not

sustainable in to 2014 PCC has put some new spend on hold

Further review by PCC in March 2013

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Action

Todaycollect 2013 giving packExisting givernamed pack

Newun addressed pack

Includes booklet on principles of tithing fromNigel

Next 2 weeksPray

seek the Lord over how much you shouldgive regularly to the ministry of St Johns(more, the same or less?) and/or additionalone off gifts if appropriate.

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Action: once you have made a decision then

please complete the pledge form

Gift AidIf you are a taxpayer pleaseindicate so that we can arrange to recover

the tax on your gifts

The pledgeChanged

January 27thGift Dayplease

return your pledge in collecting baskets

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Accounting Changes

in 2013

Changes to Living Stones RestrictedFund

A Restricted fund should be in surplus

or at worst have zero balance

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-67.5 -72.9

-100

-50

0

50

100

150

200

2012 2013

IncomeExpenditure

Deficit

Living Stones 2012 & 2013 k

42% of costs 46% of Costs

WHY: 47% of people do not allocate giving

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Changes

Removal of the Living Stones (LS)

restricted fund status from 1st Jan 2013

Auditors & PCC have approved changes

No effect on LS as it will continue to be

funded as now with budget set by PCC

Options on Gift Pledge removed & existingpledges are void

You may still give to LS