1 TREASURERS’ WORKSHOP Parish Income, Expenditure, Buying and Reserves.

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TREASURERS’ WORKSHOP

Parish Income, Expenditure, Buying and

Reserves

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Reduce / Manage Expenditure?

Parish Buying

GPC Card (NatWest)

How to:

Manage Reserves and Cash?

Increase Income?

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Voluntary Planned Giving (recurring)

Tax efficient (Gift-aided) } monthly standing order/

Other Planned Giving } weekly gift aid envelopes

Cash Collections at Services } GASDS scheme (*)

Fundraising Activities

Parish Income

Fees retained by PCC for Weddings and Funerals

Dividends and Interest – Cash Management Scheme

Voluntary Grants and Legacies (non-recurring)

Trading Activities – hall lettings, magazine and book sales,coffee shop etc.

(*) – contact Richard Illidge for help with claiming

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Parish Share paid to Diocese

Parish Expenditure

Staff Salaries / Honoraria

Clergy and Staff Expenses

Regular Church Running Expenses Utilities: Gas / Electricity / Oil / Water Telephone and Mobile Insurance - EIG Cleaning Routine Maintenance

Governance

Capital: Major Repairs, Maintenance and Improvements

Trading Costs

Mission and Evangelism

Parish Buying:Releasing Resources for Parishes

Parish Buying AimsCurrently 3,300+ members.

•Buying with Confidence – professional procurement

•Saving Money – aim to save £10m across English dioceses annually

•Saving Time – one stop shop

•All wrapped up in Better Stewardship of resources

Parish Buying Suppliers

•Selected following thorough tender process•Regularly Monitored•Fixed Contracts •Ecumenical Cooperation

Registered suppliers also now available for:

• IT Hardware

• Telecoms

• Church Consumables

Working Ecumenically

Actions• Register at

www.parishbuying.org.uk• Sign up and use the contracts• Log your energy contract details• Encourage others• Feedback

www.parishbuying.org.uk

Email: [email protected]

Tel: 0800 368 0887 (freephone)

GPC Procurement Cards

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• A Purchasing Card available via NatWest• No monthly charges or interest applied• Works like a credit card• Applications via the Finance Office (email

Juliette Hill for details)• Parishes must be up to date with parish

share payments, fee returns and other statutory returns (incl. annual accounts)

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Parish Reserves

What is a reasonable level of Reservesand Cash to maintain?

CC19 – Charities and Reserveswww.charitycommission.gov.uk